Note that the actual distribution of funds may differ from the figures shown here. These estimates are updated to reflect the projected year-distribution for the underlying fund in which the managed allocation funds invest, but as of mid-December they do not reflect any change in the fund’s product investment. Changes in product-investment may affect the breakdown of the year-date distribution of funds, as well as the need and amount of additional distribution. Purchases and redemption in managed allocation funds may also affect the final distribution figures.
Towards the end of January 2021, you can see the final general returns, long-term capital gains, and repayment amounts for vanguard.com’s Secure My Accounts Fund. This information will also be reported on Form 1099-DIV, which you will receive in early 2021.
1. Estimated breakdown of 2020 monthly distribution
The percentage estimate in this table is May 15, 2020, for monthly payments received through distribution. They are divided into sections consistent with the tax-reporting requirement as opposed to the percentage breakdown in the monthly statement, which is based on the financial-reporting requirement.
Estimates include income dividends and capital gains distribution estimates that will be expected from the funds and holdings invested from holdings invested by the end of 2020. They do not include any profit or loss in product investment since delivery on May 15, 2020.
2. Approximate amount per share of additional distribution
These estimates are expected to generate net income and / or long-term capital gains from the allocated funds managed for additional distribution. These distributions are usually automatically reinvested in shares of managed allocation funds.
|Funding||Ticker||Date of announcement /
Date of registration
|Date of delivery||General income||Long term
Of the capital
|Managed allocation funds||VPGDX||12/29/2020||12/31/2020||0.00||0.75||0.08|
All investments are at risk, including the potential loss of your investment.
The performance data displayed represents past performance, which is not a guarantee of future results. The return on investment and the underlying value will fluctuate, so investors’ shares, when sold, may be lower or lower than their original value. Current performance may be more or less than the quoted performance data. For recent month-end performance data, see Vanguard Fund Performance.
Prior to May 21, 2020, the vanguard-managed allocation fund was known as the vanguard-managed payment fund, and monthly cash disbursements were mandatory. The distributions shown for the period before May 21, 2020 reflect the monthly distribution, while the periods after May 21, 2020 reflect the annual distribution.
The allocated funds managed by Vanguard do not guarantee the achievement of its investment objectives and incur losses. Also, some of its distribution can be considered partially as a return on capital. The amount of dollars in the monthly cash distribution of funds can increase or decrease significantly from one year to the next and over time. It is also possible for the fund to experience substantial investment losses and at the same time experience additional asset loss as a result of distribution to shareholders under its managed-distribution policy. An investment in a fund can lose money in the short, medium or even long term because the fund allocates its assets worldwide for investments with different asset classes and specific risk and return characteristics. Diversity does not guarantee gain or protect from loss. The fund is proportionally subject to the risks associated with its underlying fund, which can invest in stocks (including stocks issued by REITs), bonds, cash, inflation-linked investments, commodity-linked investments, long / short market neutral investments and leverage investments. Absolute return investment.
Managed allocation funds may not be suitable for all investors. For example, depending on the time horizon, retirement income requirements, and tax bracket, an investment in the fund may not currently be suitable for young retirees, it may not be suitable for investors under the age of 59½, who can keep funds in an IRA or other tax-exempt account. Or for participants in employer-sponsored plans. Investors who keep funds in a tax-exempt retirement account should consult with tax advisors to discuss tax consequences if funds are disbursed from their account before the age of 59 or if they plan to use the funds in whole or in part. , To meet their required minimum delivery (RMD) obligation. Distribution from funds does not exactly match an investor’s IRA RMD obligation. Also, the use of funds may be limited to employer-sponsored plans, subject to the terms of the regulatory plan document and / or at the discretion of the planning administrator. Carefully review the information with your financial advisor before deciding if the funds are right for you.
Before investing, consider managed allocations Fund investment objectives, strategies, risks, fees and costs. Contact Vanguard for a prospectus containing this information. Read carefully.