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Conservative Income Portfolio

Investment Objective

The Conservative Income Portfolio seeks to provide current income and some capital appreciation.


Investment Strategy

The Conservative Income Portfolio maintains a target asset allocation of 20% equity, 80% fixed income. This target asset allocation is comprised of the following Asset Classes and Funds: 12% domestic equity, managed by The Vanguard Group, Inc.; 8% international equity, managed by The Vanguard Group, Inc.; 56% market fixed income, managed by The Vanguard Group, Inc.; and 24% international fixed income, managed by The Vanguard Group, Inc. A full description of each underlying Fundvs investment strategy can be found in the Invest529 Program Description.


Investment Risks

A complete description of each of the risks associated with the underlying Funds of the Conservative Income Portfolio can be found in the Invest529 Program Description. Information on obtaining prospectuses for the respective Funds is also contained in the Invest529 Program Description.


Average Annual Returns

Updated Monthly as of 12/31/2018
1 Year 3 Year 5 Year Since Inception Jan 2002
Conservative Income -1.03% 3.38% 3.34% 4.04%
Conservative Income Benchmark -1.07% 3.47% 2.90% 4.04%

Returns are net of fees.

The Conservative Income Portfolio’s Benchmark is a blended composite benchmark reflecting the asset strategic benchmark index components for each underlying investment manager, and an adjustment reflecting the administrative fee for the Portfolio:

56% Bloomberg Barclays U.S. Aggregate Float Adjusted / 12% CRSP US Total Market / 8% FTSE Global All Cap ex US / 24% Bloomberg Barclays Global Aggregate ex-USD (USD Hedged)


20% Equity
80% Fixed Income
% Asset class Investment manager
12.00 Domestic Equity The Vanguard Group, Inc.
8.00 International Equity The Vanguard Group, Inc.
56.00 Market Fixed Income The Vanguard Group, Inc.
24.00 International Fixed Income The Vanguard Group, Inc.

Overview

Unit Price Percent
As of 1/15/2019 $ 19.71
Change $ 0.03 0.15%

Portfolio Fee as of 11/30/2018

Percent
Asset Management Fees 0.04%
Administrative Fee 0.10%
Expense Ratio 0.14%
Inception Date Jan 2002

Historical Prices

dates price
1/15/2019 $ 19.71
1/14/2019 $ 19.68
1/11/2019 $ 19.70
1/10/2019 $ 19.68
1/9/2019 $ 19.68

Notes:

  1. All investment return information is calculated by BNY Mellon Asset Servicing. Returns are presented net of management fees and Invest529 administrative fees. Returns for periods greater than one year are annualized.
  2. Past performance is no guarantee of future results. Please refer to the Invest529 Program Description and the underlying Vanguard Fund prospectus before making any investment decision.