# VANGUARD TARGET RETIREMENT 2040 FUND

VANGUARD TARGET RETIREMENT 2040 FUND is a registered fund series of VANGUARD CHESTER FUNDS (series S000012761). Net assets $108.5B as of 2026-03-31.

## Profile

- Series ID: S000012761
- Registrant: VANGUARD CHESTER FUNDS
- LEI: SR4MBA5TKXX2H6WDUH78
- Net assets: $108.5B
- Total assets: $108.5B
- As of: 2026-03-31
- Type: Fund of funds

## Advisers

- [The Vanguard Group, Inc. (Advisor)](https://search.stillhousedata.com/firm/105958)

## Top holdings (7 reported)

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Vanguard Total Stock Market Index Fund](https://search.stillhousedata.com/security/922908355) | — | $47.2B | 4349.04% |
| [Vanguard Total International Stock Index Fund](https://search.stillhousedata.com/security/921909602) | — | $32.8B | 3024.04% |
| [Vanguard Total Bond Market II Index Fund](https://search.stillhousedata.com/security/92203C105) | — | $19.6B | 1809.34% |
| [Vanguard Total International Bond II Index Fund](https://search.stillhousedata.com/security/92211J308) | — | $8.2B | 757.20% |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | — | $564.6M | 52.06% |
| S&P500 EMINI FUT  Jun26 | ESM6 | $-5.6M | -0.52% |
| US 10YR NOTE (CBT)Jun26 | TYM6 | $-5.9M | -0.55% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $108.5B |
| 2025-12-31 | $109.1B |
| 2025-09-30 | $105.9B |
| 2025-06-30 | $100.0B |
| 2025-03-31 | $91.2B |
| 2024-12-31 | $91.7B |
| 2024-09-30 | $93.1B |
| 2024-06-30 | $87.2B |

## More

- [Registrant: VANGUARD CHESTER FUNDS](https://search.stillhousedata.com/registrant/752177)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000012761.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.