Fee Structure: A B C F
Age-Based Portfolios
As of March 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 0-2-24.14-15.32-0.57n/a1.599/28/16--1.12
Ages 3-5-21.87-13.38-0.09n/a1.899/28/16--1.11
Ages 6-8-19.89-11.910.10n/a1.959/28/16--1.12
Ages 9-10-17.49-10.120.31n/a1.849/28/16--1.14
Ages 11-12-15.37-8.410.65n/a1.999/28/16--1.12
Ages 13-14-12.93-6.231.23n/a2.339/28/16--1.13
Ages 15-16-10.46-4.531.37n/a2.209/28/16--1.11
Ages 17-18-8.13-2.891.44n/a2.069/28/16--1.12
Ages 19+-5.74-1.391.58n/a1.959/28/16--1.05
Age-Based Moderate
Ages 0-2-21.87-13.38-0.09n/a1.899/28/16--1.11
Ages 3-5-19.89-11.910.10n/a1.959/28/16--1.12
Ages 6-8-17.49-10.120.31n/a1.849/28/16--1.14
Ages 9-10-15.37-8.410.65n/a1.999/28/16--1.12
Ages 11-12-12.93-6.231.23n/a2.339/28/16--1.13
Ages 13-14-10.46-4.531.37n/a2.209/28/16--1.11
Ages 15-16-8.13-2.891.44n/a2.069/28/16--1.12
Ages 17-18-5.74-1.391.58n/a1.959/28/16--1.05
Ages 19+-3.190.281.62n/a1.709/28/16--1.02
Age-Based Conservative
Ages 0-2-19.89-11.910.10n/a1.959/28/16--1.12
Ages 3-5-17.49-10.120.31n/a1.849/28/16--1.14
Ages 6-8-15.37-8.410.65n/a1.999/28/16--1.12
Ages 9-10-12.93-6.231.23n/a2.339/28/16--1.13
Ages 11-12-10.46-4.531.37n/a2.209/28/16--1.11
Ages 13-14-8.13-2.891.44n/a2.069/28/16--1.12
Ages 15-16-5.74-1.391.58n/a1.959/28/16--1.05
Ages 17-18-3.190.281.62n/a1.709/28/16--1.02
Ages 19+-0.461.491.25n/a1.059/28/16--0.91
Target Portfolios
As of March 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 100-24.14-15.32-0.571.386.488/2/10--1.12
Target Fund 80-19.89-11.910.101.675.808/2/10--1.12
Target Fund 60-15.37-8.410.651.725.008/2/10--1.12
Target Fund 40-10.46-4.531.371.944.278/2/10--1.11
Target Fund 20-5.74-1.391.581.773.128/2/10--1.05
Target Fixed Income Fund-0.461.491.250.850.898/2/10--0.91
Individual Portfolios
As of March 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*0.281.611.32n/a1.107/27/16--0.42
Fixed Income 529 Portfolios
PIMCO Short-Term 529 Portfolio-2.34-1.190.620.890.848/2/10--1.15
Northern Funds Bond Index 529 Portfolio3.108.354.082.572.738/2/10--0.80
Fidelity Advisor Investment Grade Bond 529 Portfolio1.636.963.862.632.2710/10/12--1.15
PGIM Total Return Bond 529 Portfolion/an/an/an/an/a4/28/20--1.14
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolio-1.840.590.530.720.249/26/13--1.02
Touchstone High Yield 529 Portfolio-13.97-9.01-0.490.621.9110/10/12--1.37
Templeton International Bond 529 Portfolio-4.24-4.43-1.210.31-0.0910/10/12--1.48
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolio-14.62-6.302.683.136.548/2/10--1.11
Real Estate 529 Portfolios
DFA Real Estate Securities 529 Portfolio-23.12n/an/an/a-16.204/9/19--0.83
Principal Global Real Estate Securities 529 Portfolio-26.02n/an/an/a-19.8011/25/14--1.53
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolio-31.63-22.97n/an/a-12.642/6/18--0.91
Northern Funds Stock Index 529 Portfolio-19.77-7.684.305.9110.438/2/10--0.75
T. Rowe Price Large-Cap Growth 529 Portfolio-14.05-4.1712.0910.5514.198/2/10--1.21
Northern Funds Mid Cap Index 529 Portfolio-29.83-23.13-4.88-0.277.468/2/10--0.80
William Blair Small Cap Value 529 Portfolio-35.03-31.19-11.41-4.183.878/2/10--1.90
Northern Funds Small Cap Index 529 Portfolio-30.83-24.76-5.43-1.066.588/2/10--0.80
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolio-23.99-14.271.96n/a4.489/28/16--1.31
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolio-22.82-14.96-2.52-1.272.298/2/10--0.90
Neuberger Berman International Select 529 Portfolio-22.45-12.53-0.93-0.572.808/2/10--1.44
DFA International Small Company 529 Portfolio-30.44-21.75-6.36-1.072.8510/10/12--1.17
Vanguard Emerging Markets Select Stock 529 Portfolio-28.80n/an/an/a-25.604/9/19--1.17
Commodities
Credit Suisse Commodity Return Strategy 529 Portfolio -22.34-22.20-9.28-8.21-10.8410/10/12--1.43