Portfolio Overview

The Portfolio seeks growth of current income, consistent with preservation of capital.

The Portfolio invests in a targeted mix of bond and money market mutual funds that represent various asset classes and sectors.

Fixed Income 50%
Money Market 50%
Real EstateInternational Equity
U.S. EquityFixed Income
Money Market

The Underlying Mutual Funds

Fund Percent
Money Market
Invesco Government & Agency Portfolio 50%
Fixed Income
PIMCO Short‐Term Fund 12%
Baird Short-Term Bond Fund 8%
American Century Short Duration Inflation Protection Bond Fund 15%
Fidelity U.S. Bond Index Fund 7%
MainStay MacKay Total Return Bond Fund 4%
PGIM Core Bond Fund 2%
American Beacon Garcia Hamilton Quality Bond Fund 2%

Portfolio Performance1

As of March 31, 2020

 Average Annual Total Returns at NAV (%)1 
Fee StructureYTD3 Mo1 Yr3 Yrs5 Yrs10 YrsLifetimeExp.
Ratio2
Inception
Date
A-0.32-0.321.481.39n/an/a1.320.7410/25/16

Underlying Mutual Fund Performance3

As of 12/31/19

 Average Annual Total Returns (%)3 
Money Market FundExpense
Ratio
TickerQTRYTD1 Yr3 Yrs5 Yrs10 Yrs or Life of FundInception
Date
Invesco Government and Agency Fund*
Fact Sheet, Prospectus, Annual Report
0.16AGPXXn/a2.102.101.540.990.519/1/98
 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
0.50PTSHX0.422.732.732.222.121.8110/7/87
Baird Short-Term Bond Fund
Fact Sheet, Prospectus, Annual Report
0.30BSBIX0.684.684.682.552.162.428/31/04
American Century Short Duration Inflation Protection Bond Fund
Fact Sheet, Prospectus, Annual Report
0.37APISX1.104.944.942.061.862.365/31/05
Fidelity U.S. Bond Index Fund
Fact Sheet, Prospectus, Annual Report
0.03FXNAXn/a8.488.483.942.993.672/27/07
MainStay MacKay Total Return Bond Fund
Fact Sheet, Prospectus, Annual Report
0.60MTMIX0.279.389.384.173.144.321/2/91
PGIM Core Bond 529 Portfolio
Fact Sheet, Prospectus, Annual Report
0.36TPCQX0.179.179.174.21n/a3.242/17/15
American Beacon Garcia Hamilton Quality Bond 529 Portfolio
Fact Sheet, Prospectus, Annual Report
0.42GHQRX0.254.364.362.89n/a1.902/28/19