VFORX: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

Wed 2006-06-07? to Tue 2025-07-15	YTD Return	TRR Price
VFORX ×	+6.31% 2025-07-15	2.151 TRR 2025-07-15
Vanguard Target Retirement 2040 Fund Investor Shares Mutual Fund

---

Returns

Wed 2006-06-07? to Tue 2025-07-15	Overall Return	Exponential Trendline
VFORX ×	+115.15% +4.09%/yr	+4.89%/yr (R2=0.759)
Vanguard Target Retirement 2040 Fund Investor Shares Mutual Fund

---

Growth of $10,000

Wed 2006-06-07? to Tue 2025-07-15	Start Value	End Value
VFORX ×	$10,000.00 2006-06-07	$21,514.87 2025-07-15
Vanguard Target Retirement 2040 Fund Investor Shares Mutual Fund

---

Annual Returns

Year	VFORX
2025 (YTD)	+6.31%
2024	+9.48%
2023	+14.52%
2022	−22.43%
2021	−9.51%
2020	+13.43%
2019	+21.07%
2018	−9.21%
2017	+18.18%
2016	+6.07%
2015	−3.08%
2014	+6.31%
2013	+22.50%
2012	+13.55%
2011	−5.40%
2010	+13.12%
2009	+24.91%
2008	−34.56%
2007	+3.22%
2006	+13.68%

---

Drawdowns

Wed 2006-06-07? to Tue 2025-07-15	Current Drawdown	Worst Drawdown
VFORX ×	−13.89%	−52.47% 2009-03-09
Vanguard Target Retirement 2040 Fund Investor Shares Mutual Fund