Fee Structure: A B C F
Age-Based Portfolios
As of December 31, 2022
APY (%)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 0-2n/a-18.89-18.893.104.156.879/28/16--1.22
Ages 3-5n/a-17.76-17.763.104.106.539/28/16--1.21
Ages 6-8n/a-17.06-17.062.683.725.949/28/16--1.20
Ages 9-10n/a-16.00-16.002.113.215.109/28/16--1.20
Ages 11-12n/a-15.09-15.091.722.894.579/28/16--1.21
Ages 13-14n/a-14.48-14.481.252.594.059/28/16--1.21
Ages 15-16n/a-12.79-12.791.012.273.399/28/16--1.20
Ages 17-18n/a-11.20-11.200.631.822.719/28/16--1.20
Ages 19+n/a-9.04-9.040.331.482.089/28/16--1.17
Age-Based Moderate
Ages 0-2n/a-17.76-17.763.104.106.539/28/16--1.21
Ages 3-5n/a-17.06-17.062.683.725.949/28/16--1.20
Ages 6-8n/a-16.00-16.002.113.215.109/28/16--1.20
Ages 9-10n/a-15.09-15.091.722.894.579/28/16--1.21
Ages 11-12n/a-14.48-14.481.252.594.059/28/16--1.21
Ages 13-14n/a-12.79-12.791.012.273.399/28/16--1.20
Ages 15-16n/a-11.20-11.200.631.822.719/28/16--1.20
Ages 17-18n/a-9.04-9.040.331.482.089/28/16--1.17
Ages 19+n/a-7.05-7.05-0.150.931.279/28/16--1.13
Age-Based Conservative
Ages 0-2n/a-17.06-17.062.683.725.949/28/16--1.20
Ages 3-5n/a-16.00-16.002.113.215.109/28/16--1.20
Ages 6-8n/a-15.09-15.091.722.894.579/28/16--1.21
Ages 9-10n/a-14.48-14.481.252.594.059/28/16--1.21
Ages 11-12n/a-12.79-12.791.012.273.399/28/16--1.20
Ages 13-14n/a-11.20-11.200.631.822.719/28/16--1.20
Ages 15-16n/a-9.04-9.040.331.482.089/28/16--1.17
Ages 17-18n/a-7.05-7.05-0.150.931.279/28/16--1.13
Ages 19+n/a-2.76-2.76-0.280.440.389/28/16--1.05
Target Portfolios
As of December 31, 2022
APY (%)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 100n/a-18.89-18.893.104.157.968/2/10--1.22
Target Fund 80n/a-17.06-17.062.683.726.858/2/10--1.20
Target Fund 60n/a-15.09-15.091.722.895.518/2/10--1.21
Target Fund 40n/a-12.79-12.791.012.274.298/2/10--1.20
Target Fund 20n/a-9.04-9.040.331.482.808/2/10--1.17
Target Fixed Income Fundn/a-2.76-2.76-0.280.440.468/2/10--1.05
Individual Portfolios
As of December 31, 2022
APY (%)YTD Returns
at NAV (%)1
Average Annual Total Returns at NAV (%)1Inception
Date
Max Sales
Charge
Expense
Ratio (%)2
1 Yr3 Yrs5 YrsLifetime
Bank Savings 529 Portfolio
Bank Savings 529 Portfolio4.531.061.06n/an/a0.867/1/20--0.21
Money Market 529 Portfolio
State Street U.S. Government Money Market 529 Portfolio*n/a0.810.810.270.160.847/27/16--0.33
Fixed Income 529 Portfolios
PIMCO Short-Term 529 Portfolion/a-0.91-0.910.060.520.678/2/10--1.25
Northern Funds Bond Index 529 Portfolion/a-13.64-13.64-3.57-0.920.798/2/10--0.93
Fidelity Advisor Investment Grade Bond 529 Portfolion/a-14.04-14.04-2.69-0.250.5110/10/12--1.14
PGIM Total Return Bond 529 Portfolion/a-15.45-15.45n/an/a-4.184/28/20--1.17
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolion/a-4.53-4.531.831.800.799/26/13--1.15
BlackRock High Yield Bond 529 Portfolion/a-11.13-11.13n/an/a-4.884/15/21--1.36
AB Global Bond Fund 529 Portfolion/a-12.64-12.64n/an/a-7.274/15/21--1.28
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolion/a-17.75-17.751.753.566.658/2/10--1.23
Real Estate 529 Portfolios
DFA Real Estate Securities 529 Portfolion/a-25.54-25.54-0.37n/a1.984/9/19--0.96
Principal Global Real Estate Securities 529 Portfolion/a-27.42-27.42-5.40n/a-2.3211/25/14--1.65
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolion/a-6.53-6.535.39n/a5.082/6/18--1.00
Northern Funds Stock Index 529 Portfolion/a-18.84-18.846.708.3911.498/2/10--0.88
T. Rowe Price Large-Cap Growth 529 Portfolion/a-35.72-35.722.837.4212.798/2/10--1.33
Northern Funds Mid Cap Index 529 Portfolion/a-13.92-13.926.245.6510.218/2/10--0.93
T. Rowe Price Small-Cap Value 529 Portfolion/a-19.02-19.02n/an/a-11.408/11/21--1.46
Northern Funds Small Cap Index 529 Portfolion/a-21.12-21.122.153.088.608/2/10--0.93
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolion/a-22.97-22.971.534.967.729/28/16--1.42
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolion/a-14.80-14.800.170.753.778/2/10--1.02
Neuberger Berman International Select 529 Portfolion/a-22.61-22.610.101.224.118/2/10--1.59
DFA International Small Company 529 Portfolion/a-17.64-17.640.27-0.185.6610/10/12--1.17
Vanguard Emerging Markets Select Stock 529 Portfolion/a-18.81-18.81-2.93n/a-1.254/9/19--1.62
Commodities
Credit Suisse Commodity Return Strategy 529 Portfolio n/a14.8014.8012.665.84-2.5510/10/12--1.58