Vanguard Target Retirement 2045 Fund (VTIVX)

Fund Assets	105.55B
Expense Ratio	0.08%
Min. Investment	$1,000
Turnover	1.00%
Dividend (ttm)	0.87
Dividend Yield	2.22%
Dividend Growth	23.77%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	38.96
YTD Return	12.15%
1-Year Return	20.74%
5-Year Return	55.23%
52-Week Low	33.24
52-Week High	39.08
Beta (5Y)	0.79
Holdings	6
Inception Date	Oct 27, 2003

About VTIVX

Vanguard Target Retirement Funds present a comprehensive, diversified investment solution within a single offering, with its asset allocation automatically evolving over time. These funds provide extensive market exposure, progressively shifting from a higher stock allocation to a greater bond allocation as the target retirement year draws near. The adjustment process continues for roughly seven years beyond the retirement date, ultimately achieving the allocation strategy of the Target Retirement Income Fund. Prospective investors should be prepared for the typical volatility associated with both equity and fixed-income markets. This specific fund is an ideal choice for individuals aiming to retire between 2043 and 2047.

• Fund Family: Vanguard
• Category: Target-Date 2045
• Performance Rating: Above Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: VTIVX
• Share Class: Investor Shares
• Index: Index is not available on Lipper Database

Performance

VTIVX had a total return of 20.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.93%.

Top Holdings

Name	Symbol	Weight
Vanguard Morningstar Total Stock Market Index Fund Institutional Plus Shares	VSMPX	49.06%
Vanguard Total Intl Stock Index Inv	VGTSX	33.21%
Vanguard Total Bond Market II Index Fund Investor Shares	VTBIX	12.22%
Vanguard Total International Bond II Index Fund Institutional Shares	VTILX	4.93%
Mktliq 12/31/2049	n/a	0.57%
Us Dollar	n/a	0.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.86692	Dec 24, 2025
Dec 30, 2024	$0.70042	Dec 31, 2024
Dec 27, 2023	$0.6075	Dec 28, 2023
Dec 28, 2022	$0.62791	Dec 29, 2022
Dec 29, 2021	$4.3708	Dec 30, 2021
Dec 30, 2020	$0.5347	Dec 31, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 12, 2026

Data Sources Report a data error