Fund Facts  

Inception Date: Oct 11, 2013
Morningstar Category:Target-Date Retirement

Documents for Fund or Underlying Fund(s)  

Description

Objective  

Current income and opportunities for capital growth that have limited risk.

Principal Investment Strategies  

The underlying mutual fund invests in a combination of other Vantagepoint Funds and one or more third party exchange-traded funds (“ETFs”) to seek to obtain exposure to approximately 63% fixed income investments, 30% equity investments, and 7% 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, Investing in Other Investment Companies, ETF Risks, Interest Rate Risk, Credit Risk, Convertible Securities Risk, High Yield Securities Risk, Mortgage-Backed Securities Risk, Asset-Backed Securities Risk, Prepayment and Extension Risk, U.S. Government Agency Securities Risk, Stock Market Risk, Foreign Securities Risk, Emerging Markets Securities Risk, Mid-Cap Securities 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 Jun 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
VT Vantagepoint MS Ret Inc   1.72%3.40%0.68%3.39%3.57%4.06%N/A
Barclays U.S. Intermediate Aggregate Bond Indexa,b1.44%3.78%4.36%3.24%2.96%4.66%N/A
Custom Benchmarkc1.70%3.61%2.66%4.97%5.20%5.23%N/A
Morningstar Target-Date Retirementb,d2.15%3.90%1.72%3.80%3.80%4.08%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.

The initial offering date of the R7 share class was October 11, 2013. As a result, performance information for the R7 share class prior to its initial offering date is the performance of the Fund's R5 share class net of fees and expenses. The R7 share class fees and expenses are 0.09% lower than the total fees and expenses of the Fund's R5 share class.

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 Expensese0.71%

 

a. The Barclays U.S. Intermediate Aggregate Bond Index consists of investment-grade U.S. fixed income securities with maturities of 1 to 10 years.

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, Barclays U.S. Aggregate Bond Index, Barclays U.S. Treasury Inflation-Linked Bond Index (Series-L), 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 in underlying registered funds. Please refer to the underlying fund's prospectus for additional information on fund fees and expenses.

Morningstar Information

Morningstar Rating   As of Jun 30, 2016
Period Stars Category Size
Overall 3 Stars150
3-Year 2 Stars150
5-Year 3 Stars139
10-Year 3 Stars71

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.

The Morningstar Ranking and Morningstar Rating, as well as statistics for alpha, beta, and standard deviation, (collectively, "Data"), are not available for the R7 or R9 share classes of the VT Vantagepoint Funds. Data provided is for the R5 share class of the VT Vantagepoint Funds, which has an expense ratio that is 0.09% higher than the R7 share class, and 0.19% higher than the R9 share class of the Funds.

Morningstar Stylebox As of Jun 30, 2016
Equity Stylebox Fixed Income Stylebox
Large BlendMedium Moderate
Allocation of Assets As of May 31, 2016
Type of Asset Percent
Equity31%
Fixed Income62%
Cash/Other6%

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

 
 

Statistics

Portfolio Statistics As of Jun 30, 2016
Statistic3-Year5-Year
Beta0.980.89
Alpha-0.85-0.44
Standard Deviation4.414.54

The Morningstar Ranking and Morningstar Rating, as well as statistics for alpha, beta, and standard deviation, (collectively, "Data"), are not available for the R7 or R9 share classes of the VT Vantagepoint Funds. Data provided is for the R5 share class of the VT Vantagepoint Funds, which has an expense ratio that is 0.09% higher than the R7 share class, and 0.19% higher than the R9 share class of the Funds.

 

Underlying Fund Characteristics

Allocation of Assets As of May 31, 2016
Asset ClassPercent
Domestic Stock22.2%
Foreign Stock9.2%
Domestic Bond53.2%
Foreign Bond7.3%
Preferred0.1%
Convertible1.7%
Cash6.2%
Other0.0%

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

 
Fixed Income Sector As of May 31, 2016
SectorPercent
Government24.0%
Corporate23.4%
Securitized14.6%
Cash & Equivalents6.1%
Municipal0.2%
Derivative0.0%

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

 
Credit Quality As of May 31, 2016
Quality LevelPercent
AAA57.1%
AA4.2%
A10.4%
BBB17.9%
BB4.0%
B4.2%
Below B1.8%
Not Rated0.4%

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

 
Top Ten Holdings As of Jul 31, 2016
Holding NamePercent
VANTAGEPOINT LOW DURATION BOND FUND26.3%
VANTAGEPOINT CORE BOND INDEX FUND20.6%
VANTAGEPOINT INFLATION FOCUSED FUND10.5%
VANTAGEPOINT GROWTH & INCOME FUND8.3%
VANTAGEPOINT INTERNATIONAL FUND6.9%
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND6.5%
VANTAGEPOINT EQUITY INCOME FUND6.3%
VANTAGEPOINT HIGH YIELD FUND5.6%
VANTAGEPOINT GROWTH FUND3.7%
VANTAGEPOINT MID/SMALL COMPANY INDEX FUND2.9%
All Holdings As of Jul 31, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$3,729,928
 
Mutual Funds
Holding NameMarket Value
VANTAGEPOINT LOW DURATION BOND FUND$76,869,784
VANTAGEPOINT CORE BOND INDEX FUND$60,230,422
VANTAGEPOINT INFLATION FOCUSED FUND$30,729,193
VANTAGEPOINT GROWTH & INCOME FUND$24,354,158
VANTAGEPOINT INTERNATIONAL FUND$20,009,644
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$19,007,560
VANTAGEPOINT EQUITY INCOME FUND$18,444,943
VANTAGEPOINT HIGH YIELD FUND$16,216,190
VANTAGEPOINT GROWTH FUND$10,897,450
VANTAGEPOINT MID/SMALL COMPANY INDEX FUND$8,489,647
VANTAGEPOINT DISCOVERY FUND$1,024,494
VANTAGEPOINT SELECT VALUE FUND$1,012,535
VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$1,003,738
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$59,070
 
Other
Holding NameMarket Value
USD$317,963
All Holdings As of Jun 30, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$3,835,458
 
Mutual Funds
Holding NameMarket Value
VANTAGEPOINT LOW DURATION BOND FUND$77,820,961
VANTAGEPOINT CORE BOND INDEX FUND$61,137,965
VANTAGEPOINT INFLATION FOCUSED FUND$31,210,742
VANTAGEPOINT GROWTH & INCOME FUND$24,761,589
VANTAGEPOINT INTERNATIONAL FUND$20,029,303
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$19,351,056
VANTAGEPOINT EQUITY INCOME FUND$18,791,259
VANTAGEPOINT HIGH YIELD FUND$16,628,060
VANTAGEPOINT GROWTH FUND$11,076,334
VANTAGEPOINT MID/SMALL COMPANY INDEX FUND$8,637,119
VANTAGEPOINT DISCOVERY FUND$1,040,141
VANTAGEPOINT SELECT VALUE FUND$1,039,992
VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$1,036,401
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$61,500
All Holdings As of May 31, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$3,679,731
 
Mutual Funds
Holding NameMarket Value
VANTAGEPOINT LOW DURATION BOND FUND$78,891,888
VANTAGEPOINT CORE BOND INDEX FUND$61,672,947
VANTAGEPOINT INFLATION FOCUSED FUND$31,390,086
VANTAGEPOINT GROWTH & INCOME FUND$25,366,795
VANTAGEPOINT INTERNATIONAL FUND$20,472,610
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$19,754,935
VANTAGEPOINT EQUITY INCOME FUND$19,225,800
VANTAGEPOINT HIGH YIELD FUND$16,792,884
VANTAGEPOINT GROWTH FUND$11,398,361
VANTAGEPOINT MID/SMALL COMPANY INDEX FUND$8,854,480
VANTAGEPOINT SELECT VALUE FUND$1,067,514
VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$1,064,682
VANTAGEPOINT DISCOVERY FUND$1,064,353
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$59,215
All Holdings As of Apr 30, 2016
Exchange-Traded Funds
Holding NameMarket Value
VANGUARD FTSE EMERGING MARKETS ETF$3,803,877
 
Mutual Funds
Holding NameMarket Value
VANTAGEPOINT LOW DURATION BOND FUND$79,647,279
VANTAGEPOINT CORE BOND INDEX FUND$62,248,475
VANTAGEPOINT INFLATION FOCUSED FUND$32,004,663
VANTAGEPOINT GROWTH & INCOME FUND$25,346,286
VANTAGEPOINT INTERNATIONAL FUND$20,547,542
VANTAGEPOINT DIVERSIFYING STRATEGIES FUND$19,736,744
VANTAGEPOINT EQUITY INCOME FUND$19,346,266
VANTAGEPOINT HIGH YIELD FUND$17,123,519
VANTAGEPOINT GROWTH FUND$11,225,169
VANTAGEPOINT MID/SMALL COMPANY INDEX FUND$8,811,819
VANTAGEPOINT DISCOVERY FUND$1,070,315
VANTAGEPOINT AGGRESSIVE OPPORTUNITIES FUND$1,069,557
VANTAGEPOINT SELECT VALUE FUND$1,063,215
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$59,218

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.

2.

The Fund is not a complete solution for all of your retirement savings needs. An investment in the Fund includes the risk of loss, including near, at or after the target date of the Fund. There is no guarantee that the Fund will provide adequate income at and through an investor's retirement.

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.