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%
Northern Funds Bond Index Fund 8%
PGIM Total Return Bond Fund 7%
American Century Short Duration Inflation Protection Bond Fund 15%

Portfolio Performance1

As of June 30, 2021

 Average Annual Total Returns w/ Sales Charge (%)1 
Fee StructureYTD3 Mo1 Yr3 Yrs5 YrsLifetimeExp.
Ratio2
Inception
Date
B-5.37-4.72-4.82-0.56-0.43-0.191.548/2/10
Fee Structure B Accounts are subject to a contingent deferred sales charge ranging from 0.50% to 5.00%. For complete details visit with your investment professional or review “Exhibit D – Fee Structure B Information” in the Program Disclosure Statement. Fee Structure B Performance

Fund Performance3

As of 6/30/2021

 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
0.12GVMXX0.010.010.041.181.040.5410/25/07
 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
0.45PTSHXn/an/a1.242.042.321.8110/7/87
Northern Funds Bond Index Fund
Fact Sheet, Prospectus, Annual Report
0.15NOBOX1.83-1.66-0.495.202.863.262/27/07
PGIM Total Return Bond 529 Portfolio
Fact Sheet, Prospectus, Annual Report
0.39PDBZX-4.44-4.446.334.974.344.7012/27/10
American Century Short-Duration Inflation-Protection Bond Fund
Fact Sheet, Prospectus, Annual Report
0.37APISXn/an/a7.184.323.002.115/31/05