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-19.29-19.292.593.646.349/28/16--1.72
Ages 3-5n/a-18.04-18.0416.9812.0613.009/28/16--1.71
Ages 6-8n/a-17.49-17.492.233.245.439/28/16--1.70
Ages 9-10n/a-16.19-16.192.072.974.809/28/16--1.70
Ages 11-12n/a-15.15-15.151.432.514.169/28/16--1.71
Ages 13-14n/a-14.84-14.840.822.143.569/28/16--1.71
Ages 15-16n/a-13.03-13.030.641.832.959/28/16--1.70
Ages 17-18n/a-11.48-11.480.231.382.249/28/16--1.70
Ages 19+n/a-9.28-9.28-0.031.051.649/28/16--1.67
Age-Based Moderate
Ages 0-2n/a-18.04-18.0416.9812.0613.009/28/16--1.71
Ages 3-5n/a-17.49-17.492.233.245.439/28/16--1.70
Ages 6-8n/a-16.19-16.192.072.974.809/28/16--1.70
Ages 9-10n/a-15.15-15.151.432.514.169/28/16--1.71
Ages 11-12n/a-14.84-14.840.822.143.569/28/16--1.71
Ages 13-14n/a-13.03-13.030.641.832.959/28/16--1.70
Ages 15-16n/a-11.48-11.480.231.382.249/28/16--1.70
Ages 17-18n/a-9.28-9.28-0.031.051.649/28/16--1.67
Ages 19+n/a-7.39-7.39-0.530.500.819/28/16--1.63
Age-Based Conservative
Ages 0-2n/a-17.49-17.492.233.245.439/28/16--1.70
Ages 3-5n/a-16.19-16.192.072.974.809/28/16--1.70
Ages 6-8n/a-15.15-15.151.432.514.169/28/16--1.71
Ages 9-10n/a-14.84-14.840.822.143.569/28/16--1.71
Ages 11-12n/a-13.03-13.030.641.832.959/28/16--1.70
Ages 13-14n/a-11.48-11.480.231.382.249/28/16--1.70
Ages 15-16n/a-9.28-9.28-0.031.051.649/28/16--1.67
Ages 17-18n/a-7.39-7.39-0.530.500.819/28/16--1.63
Ages 19+n/a-3.01-3.01-0.660.00-0.069/28/16--1.55
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-19.29-19.292.593.647.438/2/10--1.72
Target Fund 80n/a-17.49-17.492.233.246.328/2/10--1.70
Target Fund 60n/a-15.15-15.151.432.515.048/2/10--1.71
Target Fund 40n/a-13.03-13.030.641.833.808/2/10--1.70
Target Fund 20n/a-9.28-9.28-0.031.052.328/2/10--1.67
Target Fixed Income Fundn/a-3.01-3.01-0.660.00-0.018/2/10--1.55
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 Portfolio4.530.810.81n/an/a0.767/1/20--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-1.03-1.03-0.160.270.428/2/10--1.75
Northern Funds Bond Index 529 Portfolion/a-14.03-14.03-4.03-1.390.298/2/10--1.43
Fidelity Advisor Investment Grade Bond 529 Portfolion/a-14.52-14.52-3.18-0.740.0110/10/12--1.64
PGIM Total Return Bond 529 Portfolion/a-15.92-15.92n/an/a-4.584/28/20--1.67
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolion/a-4.89-4.891.431.370.329/26/13--1.65
BlackRock High Yield Bond 529 Portfolion/a-11.57-11.57n/an/a-5.374/15/21--1.86
AB Global Bond Fund 529 Portfolion/a-13.09-13.09n/an/a-7.774/15/21--1.78
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolion/a-18.15-18.151.273.066.128/2/10--1.73
Real Estate 529 Portfolios
DFA Real Estate Securities 529 Portfolion/a-25.84-25.84-0.87n/a1.474/9/19--1.46
Principal Global Real Estate Securities 529 Portfolion/a-27.73-27.73-5.87n/a-2.8111/25/14--2.15
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolion/a-6.87-6.874.97n/a4.622/6/18--1.50
Northern Funds Stock Index 529 Portfolion/a-19.18-19.186.227.8810.948/2/10--1.38
T. Rowe Price Large-Cap Growth 529 Portfolion/a-36.01-36.012.346.9012.238/2/10--1.83
Northern Funds Mid Cap Index 529 Portfolion/a-14.30-14.305.755.149.678/2/10--1.43
T. Rowe Price Small-Cap Value 529 Portfolion/a-19.23-19.23n/an/a-11.638/11/21--1.96
Northern Funds Small Cap Index 529 Portfolion/a-21.46-21.461.682.598.078/2/10--1.43
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolion/a-23.38-23.381.044.447.199/28/16--1.92
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolion/a-15.14-15.14-0.270.303.278/2/10--1.52
Neuberger Berman International Select 529 Portfolion/a-22.93-22.93-0.340.743.618/2/10--2.09
DFA International Small Company 529 Portfolion/a-18.06-18.06-0.22-0.685.1710/10/12--1.67
Vanguard Emerging Markets Select Stock 529 Portfolion/a-19.15-19.15-3.41n/a-1.734/9/19--2.12
Commodities
Credit Suisse Commodity Return Strategy 529 Portfolio n/a14.2614.2612.125.30-3.0410/10/12--2.08