Fund Facts  

Inception Date: Apr 5, 1999
Morningstar Category:Allocation--70% to 85% Equity

Documents for Fund or Underlying Fund(s)  

Description

Objective  

High long-term capital growth and modest current income.

Principal Investment Strategies  

The underlying fund invests in a combination of other VT III Vantagepoint Funds and one or more third party exchange-traded funds (“ETFs”) to seek to obtain exposure to approximately 15% fixed income investments, 72% equity investments, and 13% multi-strategy investments. Multi-strategy investments generally include asset classes and strategies that seek to provide additional diversification from traditional stocks and bonds. Examples may include convertible securities, derivative-based strategies, and real estate investment trusts (“REITs”), among others.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. The Fund’s principal investment risks include Asset Allocation Risk, Fund of Funds Risk, ETF Risks, Stock Market Risk, Foreign Securities Risk, Emerging Markets Securities Risk, Small-Cap Securities Risk, Mid-Cap Securities Risk, Equity Income/Interest Rate Risk, Convertible Securities Risk, High Yield Securities Risk, Interest Rate Risk, Credit Risk, Mortgage-Backed Securities Risk, Asset-Backed Securities Risk, Prepayment and Extension Risk, Derivative Instruments Risk, Indexing Risk, Large Investor Risk.
Please see the Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
VT Vantagepoint MP Lng-Trm Gr   4.62%7.09%10.86%5.44%10.40%5.38%N/A
S&P 500 Indexa,b3.85%7.84%15.43%11.16%16.37%7.24%N/A
Custom Benchmarkc3.85%7.28%12.44%7.88%12.33%6.50%N/A
Morningstar Allocation -- 70% to 85% Equityb,d3.75%6.58%9.88%5.55%10.21%4.77%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Total Expenses
Total Expensese0.90%

 

a. The S&P 500 Index consists of 500 companies representing larger capitalization stocks traded in the U.S.

b. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

c. The custom benchmark is comprised of the BofA Merrill Lynch 1-3 Year US Corporate & Government Index, Bloomberg Barclays U.S. Aggregate Bond Index, S&P 500 Index, Russell 2000® Index, and MSCI ACWI ex USA Index (Net) in weighted percentages that correspond to the historical target allocations for the asset classes these indexes represent.

d. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

e. VantageTrust Funds invest either in collective investment funds or underlying registered funds. Please refer to the underlying fund's disclosure documents for additional information on fund fees and expenses.

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2016
Period Stars Category Size
Overall 3 Stars382
3-Year 3 Stars382
5-Year 3 Stars309
10-Year 4 Stars230

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Sep 30, 2016
Equity Stylebox Fixed Income Stylebox
Large BlendMedium Moderate
Allocation of Assets As of Aug 31, 2016
Type of Asset Percent
Equity75%
Fixed Income25%
Cash/Other-1%

Due to rounding, percentages shown may not add up to 100%.

 
 

Statistics

Portfolio Statistics As of Sep 30, 2016
Statistic3-Year5-Year
Beta1.020.98
Alpha-0.370.14
Standard Deviation9.119.50
 
 

Underlying Fund Characteristics

Allocation of Assets As of Aug 31, 2016
Asset ClassPercent
Domestic Stock55.2%
Foreign Stock20.2%
Domestic Bond18.3%
Foreign Bond3.0%
Preferred0.2%
Convertible3.8%
Cash-0.6%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 
Fixed Income Sector As of Aug 31, 2016
SectorPercent
Corporate12.6%
Government7.6%
Securitized4.8%
Municipal0.1%
Derivative0.0%
Cash & Equivalents-0.6%

Exposure reflects fixed income securities only and will sum to the fixed income exposure of the fund.

 
Credit Quality As of Aug 31, 2016
Quality LevelPercent
AAA52.1%
AA4.7%
A11.1%
BBB16.2%
BB5.5%
B6.8%
Below B3.1%
Not Rated0.6%

Due to rounding, percentages shown may not add up to 100%. Exposure reflects fixed income securities only.

 
Top Ten Holdings As of Oct 31, 2016
Holding NamePercent
VT III VANTAGEPOINT INTERNATIONAL FUND16.2%
VT III VANTAGEPOINT GROWTH & INCOME FUND15.5%
VT III VANTAGEPOINT EQUITY INCOME FUND13.5%
VT III VANTAGEPOINT GROWTH FUND12.2%
VT III VANTAGEPOINT CORE BOND INDEX FUND12.0%
VT III VANTAGEPOINT DIVERSIFYING STRATEGIES FUND11.0%
VT III VANTAGEPOINT SELECT VALUE FUND6.9%
VT III VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND5.0%
VT III VANTAGEPOINT HIGH YIELD FUND3.0%
VT III VANTAGEPOINT DISCOVERY FUND2.7%
All Holdings As of Oct 31, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$40,909,675
 
Mutual Funds
Holding NameMarket Value
VT III VANTAGEPOINT INTERNATIONAL FUND$323,326,665
VT III VANTAGEPOINT GROWTH & INCOME FUND$310,664,718
VT III VANTAGEPOINT EQUITY INCOME FUND$269,883,419
VT III VANTAGEPOINT GROWTH FUND$242,941,505
VT III VANTAGEPOINT CORE BOND INDEX FUND$240,256,009
VT III VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$219,703,912
VT III VANTAGEPOINT SELECT VALUE FUND$137,031,336
VT III VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$100,162,569
VT III VANTAGEPOINT HIGH YIELD FUND$59,774,753
VT III VANTAGEPOINT DISCOVERY FUND$53,926,463
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$647,347
 
Other
Holding NameMarket Value
USD$-11
All Holdings As of Sep 30, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$41,494,601
 
Mutual Funds
Holding NameMarket Value
VANTAGEPOINT INTERNATIONAL FUND$333,998,742
VANTAGEPOINT GROWTH & INCOME FUND$322,599,347
VANTAGEPOINT EQUITY INCOME FUND$278,596,490
VANTAGEPOINT GROWTH FUND$253,691,755
VANTAGEPOINT CORE BOND INDEX FUND$245,260,596
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$227,161,851
VANTAGEPOINT SELECT VALUE FUND$142,797,507
VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$103,433,498
VANTAGEPOINT HIGH YIELD FUND$61,525,759
VANTAGEPOINT DISCOVERY FUND$56,292,781
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$969,217
 
Other
Holding NameMarket Value
USD$250,000
All Holdings As of Aug 31, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$43,170,998
 
Mutual Funds
Holding NameMarket Value
VANTAGEPOINT INTERNATIONAL FUND$338,338,690
VANTAGEPOINT GROWTH & INCOME FUND$325,888,322
VANTAGEPOINT EQUITY INCOME FUND$281,639,178
VANTAGEPOINT GROWTH FUND$255,468,568
VANTAGEPOINT CORE BOND INDEX FUND$251,938,196
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$230,727,317
VANTAGEPOINT SELECT VALUE FUND$143,618,161
VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$104,715,379
VANTAGEPOINT HIGH YIELD FUND$62,739,354
VANTAGEPOINT DISCOVERY FUND$56,522,135
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$452,848
All Holdings As of Jul 31, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$43,792,392
 
Mutual Funds
Holding NameMarket Value
VANTAGEPOINT INTERNATIONAL FUND$347,838,238
VANTAGEPOINT GROWTH & INCOME FUND$331,461,566
VANTAGEPOINT EQUITY INCOME FUND$285,711,883
VANTAGEPOINT GROWTH FUND$259,661,636
VANTAGEPOINT CORE BOND INDEX FUND$252,390,579
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$235,159,042
VANTAGEPOINT SELECT VALUE FUND$145,040,446
VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$104,973,353
VANTAGEPOINT HIGH YIELD FUND$63,237,412
VANTAGEPOINT DISCOVERY FUND$57,789,559
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$455,180
 
Other
Holding NameMarket Value
USD$7,370,372

Footnotes

1.

Please read Making Sound Investment Decisions: A Retirement Investment Guide and the accompanying VantageTrust Fund Fees and Expenses document ("Guide") carefully for a complete summary of all fees, expenses, investment objectives and strategies, and risks before investing. For a current Guide, contact ICMA-RC by calling 800-669-7400 or log into your account at www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.