Fee Structure: A B C F
Age-Based Portfolios
As of December 31, 2019
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Age-Based Aggressive
Ages 0-224.2424.2410.42n/a9.929/28/16--1.87
Ages 3-522.3322.339.65n/a9.459/28/16--1.86
Ages 6-820.2820.288.80n/a8.489/28/16--1.88
Ages 9-1018.1818.187.75n/a7.389/28/16--1.89
Ages 11-1216.4316.437.07n/a6.749/28/16--1.89
Ages 13-1414.9514.956.49n/a6.169/28/16--1.88
Ages 15-1612.6512.655.44n/a5.129/28/16--1.89
Ages 17-1810.4610.464.46n/a4.139/28/16--1.87
Ages 19+8.128.123.46n/a3.219/28/16--1.83
Age-Based Moderate
Ages 0-222.3322.339.65n/a9.459/28/16--1.86
Ages 3-520.2820.288.80n/a8.489/28/16--1.88
Ages 6-818.1818.187.75n/a7.389/28/16--1.89
Ages 9-1016.4316.437.07n/a6.749/28/16--1.89
Ages 11-1214.9514.956.49n/a6.169/28/16--1.88
Ages 13-1412.6512.655.44n/a5.129/28/16--1.89
Ages 15-1610.4610.464.46n/a4.139/28/16--1.87
Ages 17-188.128.123.46n/a3.219/28/16--1.83
Ages 19+5.635.632.35n/a2.079/28/16--1.77
Age-Based Conservative
Ages 0-220.2820.288.80n/a8.489/28/16--1.88
Ages 3-518.1818.187.75n/a7.389/28/16--1.89
Ages 6-816.4316.437.07n/a6.749/28/16--1.89
Ages 9-1014.9514.956.49n/a6.169/28/16--1.88
Ages 11-1212.6512.655.44n/a5.129/28/16--1.89
Ages 13-1410.4610.464.46n/a4.139/28/16--1.87
Ages 15-168.128.123.46n/a3.219/28/16--1.83
Ages 17-185.635.632.35n/a2.079/28/16--1.77
Ages 19+2.312.310.76n/a0.499/28/16--1.68
Target Portfolios
As of December 31, 2019
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Target Fund 10024.2424.2410.426.989.028/2/10--1.87
Target Fund 8020.2820.288.806.007.678/2/10--1.88
Target Fund 6016.4316.437.074.856.228/2/10--1.89
Target Fund 4012.6512.655.443.784.838/2/10--1.89
Target Fund 208.128.123.462.443.088/2/10--1.83
Target Fixed Income Fund2.312.310.760.220.208/2/10--1.68
Individual Portfolios
As of December 31, 2019
YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Money Market 529 Portfolio
State Street U.S. Government Money Market 529 Portfolio*1.841.841.25n/a1.107/27/16--0.42
Fixed Income 529 Portfolios
PIMCO Short-Term 529 Portfolio1.541.541.030.930.608/2/10--1.68
Northern Funds Bond Index 529 Portfolio7.137.132.451.461.708/2/10--1.55
Fidelity Advisor Investment Grade Bond 529 Portfolio8.038.032.841.841.3710/10/12--1.90
MainStay MacKay Total Return Bond 529 Portfolio7.907.902.741.731.7812/17/14--2.00
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolio3.683.680.690.43-0.219/26/13--1.77
BlackRock Inflation Protected Bond 529 Portfolio6.746.741.650.801.268/2/10--1.79
Touchstone High Yield 529 Portfolio12.9112.914.513.453.3410/10/12--2.12
Templeton International Bond 529 Portfolio1.031.030.930.23-0.2510/10/12--2.23
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolio19.3119.319.266.247.728/2/10--1.86
Real Estate 529 Portfolios
DFA Real Estate Securities 529 Portfolion/an/an/an/a8.404/9/19--1.58
Principal Global Real Estate Securities 529 Portfolion/an/an/an/a7.8011/25/14--2.28
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolio23.7423.74n/an/a4.092/6/18--1.67
Northern Funds Stock Index 529 Portfolio29.5329.5313.5610.0212.498/2/10--1.50
American Century Equity Growth 529 Portfolio26.8026.8012.247.7411.618/2/10--1.87
T. Rowe Price Large-Cap Growth 529 Portfolio26.6926.6920.9914.2915.588/2/10--1.96
Northern Funds Mid Cap Index 529 Portfolio24.1724.177.557.3110.958/2/10--1.56
William Blair Small Cap Value 529 Portfolio18.8318.831.634.058.038/2/10--2.65
Northern Funds Small Cap Index 529 Portfolio23.4223.426.916.5710.188/2/10--1.55
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolio31.0931.0913.24n/a13.199/28/16--2.06
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolio20.3420.348.134.264.428/2/10--1.65
Neuberger Berman International Select 529 Portfolio24.7224.729.654.944.908/2/10--2.20
DFA International Small Company 529 Portfolio22.4622.467.646.417.4910/10/12--1.93
Vanguard Emerging Markets Select Stock 529 Portfolion/an/an/an/a4.004/9/19--2.34
Commodities
Credit Suisse Commodity Return Strategy 529 Portfolio 5.515.51-2.69-5.41-8.7210/10/12--2.18