https://investor.vanguard.com/investment-products/mutual-funds/profile/vttvx#portfolio-composition
This is pretty shocking. This is the retirement portfolio of someone <2 years away from retirement. I would expect at least 80% Fixed income in general, plus bonds paying nice yields. Seems to show an incredible confidence in the stock market. Perhaps though, if the stock market began to slide, the fund would automatically shift into higher fixed income. This active reaction would also be surprising since I thought these funds were fairly passive in management.
Can anyone explain this?
original posted by Outrageous_Photo3470 to r/personalfinance on Sat, 16 Mar 2024 23:44:06 GMT.