Education

Why choose the FMPTF?

Learn why the Florida Municipal Pension Trust Fund (FMPTF) is a great choice to provide your organization’s retirement services in a four minute video.

The Florida League of Cities is proud to offer state-of-the-art retirement services with a human touch. More than 3000 Florida local government employees, in 60 municipalities, take part in the services we offer.

Once a municipality selects the League; we help employees begin planning for a financially secure future by enrolling them in our Retirement Solutions Program. But the League believes our job goes beyond program enrollment – we want to empower employees with the knowledge they’ll need to make their own informed and educated financial decisions.

Understanding Target Retirement Funds

PDF IconWhat is a Vanguard Target Retirement Fund?  

Asset Class Fund Name Symbol Expense Ratio
Cash Vanguard Federal Money Market PDF IconVMFXX 0.11%
Stable Value Vanguard Retirement Savings Trust PDF Iconn/a 0.43%
Bonds Vanguard Interm-Term Invst. Grade PDF IconVFIDX 0.09% +
  Vanguard Total Bond Market Index PDF IconVBTLX 0.04% +
  Vanguard Total International Bond PDF IconVTABX 0.10% +
Balanced Vanguard Wellington PDF IconVWENX 0.18%
Large Cap Stock Vanguard Windsor II PDF IconVWNAX 0.26%
  Vanguard Institutional Index PDF IconVINIX 0.04%
  Vanguard FTSE Social Index PDF IconVFTAX 0.13% +
  Vanguard PrimeCap PDF IconVPMAX 0.29% +
Small Cap Stock Vanguard Small Cap Index Signal PDF IconVSMAX 0.05%
  Eaton Vance Atl Capital SMID-Cap ERASX 0.82%
International Vanguard Total International Stock PDF IconVTIAX 0.09% +
  Vanguard Emerging Markets Stock PDF IconVEMAX 0.13%
  Vanguard All World ex-US Small Cap PDF IconVFSAX 0.17%
Real Estate Vanguard Real Estate Index PDF IconVGSLX 0.13%
Target Retirement Vanguard Target Retirement Income PDF IconVTINX 0.08%
  Vanguard Target Retirement 2020 PDF IconVTWNX 0.08%
  Vanguard Target Retirement 2025 PDF IconVTTVX 0.08%
  Vanguard Target Retirement 2030 PDF IconVTHRX 0.08%
  Vanguard Target Retirement 2035 PDF IconVTTHX 0.08%
  Vanguard Target Retirement 2040 PDF IconVFORX 0.08%
  Vanguard Target Retirement 2045 PDF IconVTIVX 0.08%
  Vanguard Target Retirement 2050 PDF IconVFIAX 0.08%
  Vanguard Target Retirement 2055 PDF IconVFFVX 0.08%
  Vanguard Target Retirement 2060 PDF IconVTTSX 0.08%
  Vanguard Target Retirement 2065 PDF IconVLXVX 0.08%
Average Program Expense Ratio     0.15%

Updated: February 1, 2025 + recently reduced fee