Objective: The investment objective of the Vantagepoint Milestone 2025 Fund is to offer high total return consistent with the Fund’s current asset allocation.

Performance

Standard PerformanceAs of Jun 30, 2010

Fund/Benchmark Name	2nd Qtr	YTD	1-Yr	3-Yr	5-Yr	10-Yr	Since Inception
VT Vantagepoint Milestone 2025	-8.18%	-4.42%	12.03%	-5.51%	1.72%	N/A	1.54%
Standard & Poors 500 Index^a	-11.43%	-6.65%	14.43%	-9.81%	-0.79%	-1.59%	N/A
Milestone 2025 Custom Benchmark^b	-7.66%	-3.52%	12.58%	-5.03%	1.44%	N/A	N/A
Morningstar Target Date 2021-2025^c	-8.23%	-4.56%	14.28%	-7.18%	1.02%	N/A	N/A
Returns for periods greater than one year are annualized. The performance data quoted represents past performance. Past performance is no guarantee of future results. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data illustrated. For performance data current to the most recent month end, contact ICMA-RC Services, LLC by calling 800-669-7400 or by writing to 777 North Capitol Street, NE, Washington, DC 20002-4240. Para asistencia en Español llame al 800-669-8216. Performance data current to the most recent quarter end is available by visiting www.icmarc.org.

Benchmark Footnotes

Indexes are not available for direct investment, are unmanaged, and do not reflect the costs of portfolio management or trading. A fund's portfolio may differ significantly from the securities held in the indexes.
a.	The Standard & Poors 500 Index (S&P 500) consists of 500 stocks representing larger capitalization companies traded in the U.S.
b.	The custom benchmark is composed of market indexes that reflect the general performance of the primary asset classes in which the Fund invests, in weighted percentages that correspond to the historical target allocation to those asset classes for the Fund. Those asset class benchmarks are the Barclays Capital U.S. Intermediate Aggregate Bond Index for the fixed income asset class and the S&P 500 Index for the equity asset class. Should the target allocations for the Fund between those asset classes change, the percentage allocations to the corresponding indexes will also change when calculating the custom benchmark.
c.	The Morningstar Target Date 2021-2025 Funds Average is an equal-weighted average of all Target Date 2021-2025 funds, as identified by Morningstar, Inc.

Dividends

Date			Capital Gains
Record	Payable/Ex		Income	Long Term		Short Term	Total
December 30, 2009	December 31, 2009	$0.144645	$0.080713	N/A	$0.225358
December 22, 2008	December 23, 2008	$0.106881	$0.392498	$0.000074	$0.499453
December 26, 2007	December 27, 2007	$0.248684	$0.740069	$0.023425	$1.012179
December 21, 2006	December 22, 2006	$0.163292	$0.032350	$0.007536	$0.203178
December 28, 2005	December 29, 2005	$0.135080	N/A	$0.003770	$0.138850

Description

The Principal Investment Strategies, Investment Risks, Management and other information are available from the fund’s or underlying fund's summary prospectus. Please click the link below to view.

Prospectus

Components

Component FundsAs of Jul 9, 2010

Vantagepoint Low Duration Bond Fund
Investment Objective:	The investment objective of the Vantagepoint Low Duration Bond Fund is to seek total return that is consistent with preservation of capital.
Target Allocation:	2.15%

Vantagepoint Core Bond Index Fund, Class I
Investment Objective:	The investment objective of the Vantagepoint Core Bond Index Fund is to offer current income by approximating the performance of the Barclays Capital U.S. Aggregate Bond Index.
Target Allocation:	13.03%

Vantagepoint Equity Income Fund
Investment Objective:	The investment objective of the Vantagepoint Equity Income Fund is to offer long-term capital growth with consistency derived from dividend yield.
Target Allocation:	23.24%

Vantagepoint Growth & Income Fund
Investment Objective:	The investment objective of the Vantagepoint Growth & Income Fund is to offer long-term capital growth and current income.
Target Allocation:	13.24%

Vantagepoint Growth Fund
Investment Objective:	The investment objective of the Vantagepoint Growth Fund is to offer long-term capital growth.
Target Allocation:	9.49%

Vantagepoint Mid/Small Company Index Fund, Class I
Investment Objective:	The investment objective of the Vantagepoint Mid/Small Company Index Fund is to offer long-term capital growth by approximating the performance of the Wilshire 4500 Completion Index.
Target Allocation:	11.74%

Vantagepoint International Fund
Investment Objective:	The investment objective of the Vantagepoint International Fund is to offer long-term capital growth and diversification by country.
Target Allocation:	14.61%

Vantagepoint Diversifying Strategies Fund
Investment Objective:	The investment objective of the Vantagepoint Diversifying Strategies Fund is to offer long-term capital growth.
Target Allocation:	12.50%

General Disclaimers

Some of the information in this profile was obtained from third-party sources. Although the information from third parties is believed to be accurate, it has not been independently verified by ICMA-RC.

Investment information can change rapidly and the changes can be significant, particularly in volatile markets. For this reason, "as of" dates are provided for sections and also for specific data where applicable. After the dates provided, the information should not be considered current.

A redemption fee may be assessed when you sell shares in a mutual fund. Regardless, all funds are monitored for frequent trading. Please refer to the Fund's prospectus for guidance on redemption fee and frequent trading terms. Also, refer to ICMA-RC's Frequent Trading Policy for more information.

Please read both the current applicable prospectus and Making Sound Investment Decisions: A Retirement Investment Guide carefully for a complete summary of all fees, expenses, charges, financial highlights, investment objectives, risks and performance information. Investing in mutual funds and other investment vehicles involves risk, including possible loss of the amount invested. Investors should carefully consider the Fund's investment objectives, risks, charges and expenses before investing or sending money. The prospectus contains this and other information about the investment company. The Vantagepoint Funds are distributed by ICMA-RC Services LLC, a wholly owned broker-dealer subsidiary of ICMA-RC and member FINRA / SIPC . For a current prospectus, contact ICMA-RC Services, LLC.

To contact ICMA-RC Services, LLC call 800-669-7400 (TDD: 800-669-7471) or write to 777 North Capitol Street, NE, Washington, DC 20002-4240. You may also visit us on the Web at www.icmarc.org. Para asistencia en Español llame al 800-669-8216.

Fund Specific Footnotes

1.	This VantageTrust fund invests solely in the shares of a single designated Vantagepoint Fund.
2.	The share values of the Milestone Funds are not guaranteed at any time, including at or after each Milestone Fund’s target year, which is the year when investors expect to retire and begin making gradual withdrawals. There is no guarantee that a Milestone Fund will provide adequate income at and through an investor’s retirement or that the investor will have adequate savings for retirement. The Milestone Funds’ allocations change over time.
3.	Please be advised that with "Fund of Funds" arrangements, additional underlying fund fees will apply. Please consult the prospectus for details.

Gross Expense Ratio		0.97%
Net Expense Ratio		0.97%

VT Vantagepoint Milestone 2025 Fund^1,2,3

Fund Facts

Expense RatioAs of May 1, 2010

Documents for fund or underlying fund

Performance

Standard PerformanceAs of Jun 30, 2010

Dividends

Description

Components

Component FundsAs of Jul 9, 2010

General Disclaimers

Fund Specific Footnotes

VT Vantagepoint Milestone 2025 Fund1,2,3

Fund Facts

Expense RatioAs of May 1, 2010

Documents for fund or underlying fund

Performance

Standard PerformanceAs of Jun 30, 2010

Dividends

Description

Components

Component FundsAs of Jul 9, 2010

General Disclaimers

Fund Specific Footnotes

VT Vantagepoint Milestone 2025 Fund^1,2,3