Age-Based Moderate

(Beneficiary age 19+)

The Age-Based Moderate Investment Option invests in the following mix of domestic and international equity, global real estate, fixed income, and/or cash equivalents allocated based on the current age of the Beneficiary. The Age-Based Investment Options adjust over time so that as the Beneficiary nears college age each Age-Based Investment Option’s allocation between domestic and international equity, global real estate, fixed income, and cash equivalents becomes more conservative relative to the allocation in earlier years.

Underlying Investments

Vanguard Short-Term Bond ETF 22.00%

Vanguard Short-Term Bond ETF’s Complete Fund Information URL
Vanguard Short-Term Inflation-Protected Securities ETF 14.00%

Vanguard Short-Term Inflation-Protected Securities ETF’s Complete Fund Information URL
State Street U.S. Government Money Market Fund 11.50%

State Street U.S. Government Money Market Fund’s Complete Fund Information URL
Union Bank/Nelnet Bank Savings 11.50%
Fidelity U.S. Bond Index Fund 10.50%

Fidelity U.S. Bond Index Fund’s Complete Fund Information URL
PGIM Total Return Bond Fund 8.00%

PGIM Total Return Bond Fund’s Complete Fund Information URL
TCW MetWest Total Return Bond Fund 8.00%

TCW MetWest Total Return Bond Fund’s Complete Fund Information URL
Vanguard Global Credit Bond Fund 4.50%
Vanguard Total Stock Market ETF 4.00%

Vanguard Total Stock Market ETF’s Complete Fund Information URL
Fidelity Total International Index Fund 2.00%

Fidelity Total International Index Fund’s Complete Fund Information URL
Dodge & Cox Stock Fund 1.50%

Dodge & Cox Stock Fund’s Complete Fund Information URL
T. Rowe Price Large-Cap Growth Fund 1.50%

T. Rowe Price Large-Cap Growth Fund’s Complete Fund Information URL
iShares Global REIT ETF 1.00%