Portfolio Objectives

Fund 20 is an income-oriented target portfolio which seeks income and some capital appreciation by investing approximately 20% of its net assets in a broad range of domestic equity and international equity funds, 10% of its net assets in money market mutual funds, and 70% of its net assets in fixed income funds.

Real AssetsInternational Equity
U.S. EquityFixed Income
Money Market

Asset Allocation

Fund Percent
Money Market
State Street U.S. Government Money Market Fund 9%
Fixed Income
PIMCO Short-Term Fund 25%
Northern Funds Bond Index Fund 13%
PGIM Total Return Bond Fund 12%
American Century Short Duration Inflation Protection Bond Fund 11%
BlackRock High Yield Bond Fund 5%
AB Global Bond Fund 5%
Real Assets
Principal Global Real Estate Securities Fund 1%
Credit Suisse Commodity Return Strategy Fund 1%
Fund Percent
U.S. Equity
DFA U.S. Large Cap Value Portfolio 3%
Northern Funds Stock Index Fund 6%
T. Rowe Price Instl. Large-Cap Growth Fund 3%
Northern Funds Mid Cap Index Fund 2%
International Equity
Northern Funds International Equity Index Fund 2%
Neuberger Berman International Select Fund 2%

Portfolio Performance1

As of April 30, 2021

 Average Annual Total Returns w/ Sales Charge (%)1 
Fee StructureYTD3 Mo1 Yr3 Yrs5 YrsLifetimeExp.
Ratio2
Inception
Date
A-1.73-1.607.514.084.033.841.058/2/10
C1.751.9611.105.054.523.921.308/2/10
F1.912.0311.695.575.044.500.808/2/10
Fee Structure B Performance

Fund Performance3

As of 12/31/20

 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
0.12GVMXX0.010.390.391.431.060.5410/25/07
 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
0.45PTSHX0.352.742.742.322.391.8910/7/87
Northern Funds Bond Index Fund
Fact Sheet, Prospectus, Annual Report
0.15NOBOX0.657.337.335.194.273.682/27/07
PGIM Total Return Bond 529 Portfolio
Fact Sheet, Prospectus, Annual Report
0.49PDBZX2.368.008.005.985.885.264/28/20
American Century Short-Duration Inflation-Protection Bond Fund
Fact Sheet, Prospectus, Annual Report
0.37APISX1.605.235.233.492.962.315/31/05
BlackRock High Yield Bond Fund
Fact Sheet, Prospectus, Annual Report
1.15BHYIXn/an/an/an/an/an/a4/15/21
AB Global Bond Fund
Fact Sheet, Prospectus, Annual Report
1.03ANAZXn/an/an/an/an/an/a4/15/21
 Average Annual Total Returns (%)3 
Real Estate FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Principal Global Real Estate Securities Fund
Fact Sheet, Prospectus, Annual Report
0.87PGRSXn/a-3.86-3.865.065.957.4610/1/07
 Average Annual Total Returns (%)3 
Domestic Equity FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
DFA U.S. Large Cap Value Portfolio
Fact Sheet, Prospectus, Annual Report
0.26DFLVXn/a-0.61-0.613.289.2810.632/19/93
Northern Funds Stock Index Fund
Fact Sheet, Prospectus, Annual Report
0.10NOSIX12.1018.2618.2614.0515.1013.7510/7/96
T. Rowe Price Large-Cap Growth Fund
Fact Sheet, Prospectus, Annual Report
0.56TRLGX13.0539.5639.5623.2221.5418.1810/31/01
Northern Funds Mid Cap Index Fund
Fact Sheet, Prospectus, Annual Report
0.15NOMIX24.2913.5513.558.2812.1811.323/22/05
 Average Annual Total Returns (%)3 
International Equity FundsExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Northern Funds International Equity Index Fund
Fact Sheet, Prospectus, Annual Report
0.24NOINX16.017.907.904.327.535.413/22/05
Neuberger Berman International Select Fund
Fact Sheet, Prospectus, Annual Report
0.81NILIX12.6315.4115.417.559.446.3410/6/06
 Average Annual Total Returns (%)3 
Commodities FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Credit Suisse Commodity Return Strategy Fund
Fact Sheet, Prospectus, Annual Report
0.78CRSOX9.31-1.12-1.12-2.231.34-6.3812/30/04