The Conservative Income Portfolio seeks to provide current income and some capital appreciation.
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.
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 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)
|%||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.|
|As of 1/15/2019||$ 19.71|
Portfolio Fee as of 11/30/2018
|Asset Management Fees||0.04%|
|Inception Date||Jan 2002|