Vanguard Managed Payout Fund

Class Inv (VPGDX)
5 / 5 Stars
5 5 3 5 1
Zacks Investment Research
2 (Buy)
Standard & Poor's
C+ (Hold)

U.S. News evaluated 61 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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The fund has returned 16.80 percent over the past year, 9.18 percent over the past three years, and 12.84 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.9%
1 Year 16.8%
3 Years (Annualized) 9.2%
5 Years (Annualized) 12.8%
10 Years (Annualized) N/A

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The investment seeks to make monthly cash distributions while having these distributions and the invested capital keep pace with inflation over time. The fund invests in Vanguard mutual funds and other investments according to an asset allocation strategy designed to provide shareholders with regular cash flow from their investments in the fund. It may allocate its assets across a broadly diversified selection of opportunities-such as stocks, bonds, cash, inflation-linked investments, and selected other investments-in proportions that reflect the advisor's evaluation of their expected returns and risks as an integrated whole.


Fees are Average compared to funds in the same category.
Vanguard Managed Payout Fund has an expense ratio of 0.03 percent.

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Risk is High compared to funds in the same category according to Morningstar.

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