Portfolio Objectives

The Fixed Income Fund is the most conservative of the target portfolios and seeks to preserve principal with less volatility than an all-bond portfolio while providing modest current income by investing approximately 50% of its net assets in money market investment funds and 50% in fixed income investment funds.

Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

Asset Allocation

Fund Percent
Money Market
State Street U.S. Government Money Market Fund 50%
Fixed Income
PIMCO Short-Term Fund 20%
Fidelity Advisor Investment Grade Bond Fund 7%
PGIM Total Return Bond Fund 8%
American Century Short Duration Inflation Protection Bond Fund 15%

Portfolio Performance1

As of August 31, 2022

 Average Annual Total Returns at NAV (%)1 
Fee StructureYTD3 Mo1 Yr3 Yrs5 YrsLifetimeExp.
Ratio2
Inception
Date
A-2.23-0.36-2.400.150.780.760.808/2/10
Fee Structure B Performance

Fund Performance3

As of 3/31/2022

 Average Annual Total Returns (%)3 
Money Market FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
State Street U.S. Government Money Market Fund*
Fact Sheet, Prospectus, Annual Report
0.12GVMXX0.010.010.030.661.000.5410/25/07
 Average Annual Total Returns (%)3 
Fixed Income FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
PIMCO Short-Term Fund
Fact Sheet, Prospectus, Annual Report
0.45PTSHX-1.06-1.06-1.311.101.541.5910/7/87
Fidelity Advisor Investment Grade Bond Fund
Fact Sheet, Prospectus, Annual Report
0.49FIKQXn/an/a-3.522.802.872.808/6/71
PGIM Total Return Bond 529 Portfolio
Fact Sheet, Prospectus, Annual Report
0.39PTRQX-6.51-6.51-3.292.202.943.5012/27/10
American Century Short-Duration Inflation-Protection Bond Fund
Fact Sheet, Prospectus, Annual Report
0.37APISX0.090.095.094.913.371.875/31/05