We discuss the computation of lower partial moments for the return of the investment portfolio that consists of
the assets whose incomes are modeled by variance-gamma distribution, gamma distribution, and constants. The derived
formulas depend on the values of the generalized hypergeometric functions. As a corollary of the main result, we calculate
the target semideviation. We also show how the obtained results generate analytical expressions for the value at risk and
the expected shortfall monetary risk measures.