Any recent changes to VTINX?

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tadamsmar
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Any recent changes to VTINX?

Post by tadamsmar » Sun Mar 31, 2013 7:00 am

I helped my 90 yo MIL get over to Vg.

She said she got an email from Vg about changes to VTINX (Edit: Target Retirement Income), but she said she deleted it so she can't send it to me.

She might just be confused. I can't find anything about changes. Does anyone know of any recent changes.

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Dan-Fl
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Re: Any recent changes to VTINX?

Post by Dan-Fl » Sun Mar 31, 2013 7:23 am

I believe there are several changes scheduled in 2nd quarter of this year. They will move from intermediate tips funds to short term Tips fund. The MM will be discontinued. I like this fund of funds.
Dan-

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tadamsmar
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Re: Any recent changes to VTINX?

Post by tadamsmar » Sun Mar 31, 2013 7:48 am

Dan-Fl wrote:I believe there are several changes scheduled in 2nd quarter of this year. They will move from intermediate tips funds to short term Tips fund. The MM will be discontinued. I like this fund of funds.
Dan-


So, what are the implications of those changes? I am sure my MIL will ask.

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tadamsmar
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Re: Any recent changes to VTINX?

Post by tadamsmar » Sun Mar 31, 2013 8:01 am

After some more searching, I found an article on the changes:

https://personal.vanguard.com/us/insigh ... t-02062013

The are also adding international bonds.

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Archie Sinclair
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Re: Any recent changes to VTINX?

Post by Archie Sinclair » Sun Mar 31, 2013 9:01 am

What is VTINX?

sscritic
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Re: Any recent changes to VTINX?

Post by sscritic » Sun Mar 31, 2013 9:14 am

Archie Sinclair wrote:What is VTINX?

Something that changed recently.

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BrandonBogle
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Re: Any recent changes to VTINX?

Post by BrandonBogle » Sun Mar 31, 2013 9:34 am

Archie Sinclair wrote:What is VTINX?


Had to look it up since I didn't know this one off hand. Target Retirement Income Investor shares.

https://personal.vanguard.com/us/funds/ ... IntExt=INT

dbr
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Re: Any recent changes to VTINX?

Post by dbr » Sun Mar 31, 2013 9:54 am

Wouldn't it be nice if the first mention of a ticker symbol in a thread also included the fund name, and the first mention of a fund name, the ticker symbol(s).

apk
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Re: Any recent changes to VTINX?

Post by apk » Sun Mar 31, 2013 11:34 am

SSCritic: I profit from many of your comments, but this one seemed unnecessarily nasty.

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Munir
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Re: Any recent changes to VTINX?

Post by Munir » Sun Mar 31, 2013 1:37 pm

dbr wrote:Wouldn't it be nice if the first mention of a ticker symbol in a thread also included the fund name, and the first mention of a fund name, the ticker symbol(s).


+1

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tyler_cracker
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Re: Any recent changes to VTINX?

Post by tyler_cracker » Sun Mar 31, 2013 1:44 pm

sscritic wrote:
Archie Sinclair wrote:What is VTINX?

Something that changed recently.


i lol'd.

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BrandonBogle
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Re: Any recent changes to VTINX?

Post by BrandonBogle » Sun Mar 31, 2013 2:14 pm

tyler_cracker wrote:
sscritic wrote:
Archie Sinclair wrote:What is VTINX?

Something that changed recently.


i lol'd.


+1

Reubin
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Re: Any recent changes to VTINX?

Post by Reubin » Sun Mar 31, 2013 5:14 pm

tadamsmar wrote:After some more searching, I found an article on the changes:

https://personal.vanguard.com/us/insigh ... t-02062013

The are also adding international bonds.


I believe that this article is about another fund, VTIFX, not VTINX.

Calm Man
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Re: Any recent changes to VTINX?

Post by Calm Man » Sun Mar 31, 2013 5:43 pm

apk wrote:SSCritic: I profit from many of your comments, but this one seemed unnecessarily nasty.


I would fall down if there was not some aspect of cynicism or criticalness in ss critics comments. But they generally follow a high level of integrity, sort of like Dexter's decisions on who he kills (Showtime series). They generally point out that a question asked could have easily been found with a simple search. I was once the recipient of one of these and my # of questions asked of the forum has dropped dramatically as a result. This question by OP was well intentioned but a simple search that I just did of " was successful in identifying the answer to the question.

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tadamsmar
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Re: Any recent changes to VTINX?

Post by tadamsmar » Sun Mar 31, 2013 5:45 pm

Reubin wrote:
tadamsmar wrote:After some more searching, I found an article on the changes:

https://personal.vanguard.com/us/insigh ... t-02062013

The are also adding international bonds.


I believe that this article is about another fund, VTIFX, not VTINX.


Nope:

Prospectus Text Changes for Vanguard Target Retirement Income Fund
The text under “Primary Investment Strategies” will be replaced with the following:
The Fund invests in other Vanguard mutual funds according to an asset
allocation strategy designed for investors currently in retirement. The targeted
percentages of the Fund’s assets allocated to each of the underlying funds are:
At any given time, the Fund’s asset allocation may be affected by a variety of
factors, such as whether the underlying funds are accepting additional
investments.
• Vanguard Total Bond Market II Index Fund 39.2%
• Vanguard Total Stock Market Index Fund 21.0%
• Vanguard Short-Term Inflation-Protected Securities Index Fund 16.8%
• Vanguard Total International Bond Index Fund 14.0%
• Vanguard Total International Stock Index Fund 9.0%


https://personal.vanguard.com/pub/Pdf/p ... 2210073883

All the target fund changed according to the article.

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mickeyd
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Re: Any recent changes to VTINX?

Post by mickeyd » Sun Mar 31, 2013 6:00 pm

Vanguard Target Retirement Funds will undergo a few additional changes. Vanguard Short-Term Inflation-Protected Securities Index Fund (Short-Term TIPS Fund) will replace Vanguard Inflation-Protected Securities Fund in the three Target Retirement Funds that offer exposure to TIPS


I am still uneasy about the 0.25% purchase fee that the ST TIPS takes. They say that it is not considered part of the ER which is 0.10 for ADM. But where does the 0.25% fee go? Who benefits from it?
Part-Owner of Texas | | “The CMH-the Cost Matters Hypothesis -is all that is needed to explain why indexing must and will work… Yes, it is that simple.” John C. Bogle

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grabiner
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Re: Any recent changes to VTINX?

Post by grabiner » Sun Mar 31, 2013 6:53 pm

mickeyd wrote:
Vanguard Target Retirement Funds will undergo a few additional changes. Vanguard Short-Term Inflation-Protected Securities Index Fund (Short-Term TIPS Fund) will replace Vanguard Inflation-Protected Securities Fund in the three Target Retirement Funds that offer exposure to TIPS


I am still uneasy about the 0.25% purchase fee that the ST TIPS takes. They say that it is not considered part of the ER which is 0.10 for ADM. But where does the 0.25% fee go? Who benefits from it?


Wiki article link: Purchase fee

The fee goes back to the fund. Vanguard does this for several funds with high trading costs, so that purchases and sales do not affect existing fundholders. If a fund receives $2M of buy orders and $1M of sell orders, it has to invest $1M, but after trading costs, it won't wind up with $1M worth of securities. If it winds up with $995,000, then it has lost $5000. Without a fee, the $5000 loss is spread across all investors; if the fund charges a 0.25% fee on the purchases, the purchasers pay the entire $5000, but they get it back as they continue to hold the fund and don't take a loss on other investor's purchases.

I would expect the purchase fee on this fund to go away as the fund gets larger and purchase and sale orders become better matched; Vanguard has reduced or eliminated these fees on most of its funds.
David Grabiner

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mickeyd
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Re: Any recent changes to VTINX?

Post by mickeyd » Mon Apr 01, 2013 5:11 pm

Thanks for that clear explanation David. I think I've got it.
Part-Owner of Texas | | “The CMH-the Cost Matters Hypothesis -is all that is needed to explain why indexing must and will work… Yes, it is that simple.” John C. Bogle

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