Fee Structure: A B C F
Age-Based Portfolios
As of January 31, 2020
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 0-2-1.9512.869.29n/a9.539/28/16--1.37
Ages 3-5-1.7012.218.73n/a8.989/28/16--1.36
Ages 6-8-1.4311.228.04n/a8.339/28/16--1.38
Ages 9-10-1.1710.467.22n/a7.349/28/16--1.39
Ages 11-12-0.879.826.72n/a6.809/28/16--1.39
Ages 13-14-0.419.636.40n/a6.399/28/16--1.38
Ages 15-16-0.188.595.50n/a5.439/28/16--1.39
Ages 17-180.097.504.69n/a4.579/28/16--1.37
Ages 19+0.366.383.88n/a3.729/28/16--1.33
Age-Based Moderate
Ages 0-2-1.7012.218.73n/a8.989/28/16--1.36
Ages 3-5-1.4311.228.04n/a8.339/28/16--1.38
Ages 6-8-1.1710.467.22n/a7.349/28/16--1.39
Ages 9-10-0.879.826.72n/a6.809/28/16--1.39
Ages 11-12-0.419.636.40n/a6.399/28/16--1.38
Ages 13-14-0.188.595.50n/a5.439/28/16--1.39
Ages 15-160.097.504.69n/a4.579/28/16--1.37
Ages 17-180.366.383.88n/a3.729/28/16--1.33
Ages 19+0.555.202.91n/a2.709/28/16--1.27
Age-Based Conservative
Ages 0-2-1.4311.228.04n/a8.339/28/16--1.38
Ages 3-5-1.1710.467.22n/a7.349/28/16--1.39
Ages 6-8-0.879.826.72n/a6.809/28/16--1.39
Ages 9-10-0.419.636.40n/a6.399/28/16--1.38
Ages 11-12-0.188.595.50n/a5.439/28/16--1.39
Ages 13-140.097.504.69n/a4.579/28/16--1.37
Ages 15-160.366.383.88n/a3.729/28/16--1.33
Ages 17-180.555.202.91n/a2.709/28/16--1.27
Ages 19+0.472.881.34n/a1.119/28/16--1.18
Target Portfolios
As of January 31, 2020
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 100-1.9512.869.297.329.248/2/10--1.37
Target Fund 80-1.4311.228.046.397.978/2/10--1.38
Target Fund 60-0.879.826.725.266.598/2/10--1.39
Target Fund 40-0.188.595.504.245.288/2/10--1.39
Target Fund 200.366.383.882.993.608/2/10--1.33
Target Fixed Income Fund0.472.881.340.800.748/2/10--1.18
Individual Portfolios
As of January 31, 2020
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*0.111.761.28n/a1.117/27/16--0.42
Fixed Income 529 Portfolios
PIMCO Short-Term 529 Portfolio0.551.971.451.380.918/2/10--1.43
Northern Funds Bond Index 529 Portfolio1.958.773.601.962.408/2/10--1.05
Fidelity Advisor Investment Grade Bond 529 Portfolio1.939.193.922.352.1110/10/12--1.40
MainStay MacKay Total Return Bond 529 Portfolio1.969.163.832.362.6612/17/14--1.50
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolio0.393.541.100.800.369/26/13--1.27
BlackRock Inflation Protected Bond 529 Portfolio1.707.442.421.071.938/2/10--1.29
Touchstone High Yield 529 Portfolio-0.318.274.563.793.7510/10/12--1.62
Templeton International Bond 529 Portfolio-0.59-1.371.280.690.1610/10/12--1.73
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolio0.0513.189.066.818.188/2/10--1.36
Real Estate 529 Portfolios
DFA Real Estate Securities 529 Portfolio1.29n/an/an/a10.204/9/19--1.08
Principal Global Real Estate Securities 529 Portfolio1.48n/an/an/a9.8011/25/14--1.78
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolio-4.139.78n/an/a2.202/6/18--1.17
Northern Funds Stock Index 529 Portfolio-0.1320.4613.3811.2312.928/2/10--1.00
American Century Equity Growth 529 Portfolio-0.6117.4311.748.9311.988/2/10--1.37
T. Rowe Price Large-Cap Growth 529 Portfolio2.2017.7620.4115.5016.278/2/10--1.46
Northern Funds Mid Cap Index 529 Portfolio-2.6510.146.567.5311.088/2/10--1.06
William Blair Small Cap Value 529 Portfolio-4.472.620.834.547.978/2/10--2.15
Northern Funds Small Cap Index 529 Portfolio-3.337.996.157.1010.258/2/10--1.05
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolio-0.9918.2012.41n/a13.069/28/16--1.56
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolio-2.6710.456.504.034.608/2/10--1.15
Neuberger Berman International Select 529 Portfolio-2.6815.438.084.855.088/2/10--1.70
DFA International Small Company 529 Portfolio-3.909.705.396.227.3010/10/12--1.43
Vanguard Emerging Markets Select Stock 529 Portfolio-6.14n/an/an/a-2.104/9/19--1.84
Commodities
Credit Suisse Commodity Return Strategy 529 Portfolio -7.26-6.57-4.68-5.67-9.0910/10/12--1.68