Monthly Performance

Fee Structure:

Age-Based Portfolios As of October 31, 2023	APY (%)	YTD Returns at NAV (%)¹	Average Annual Total Returns at NAV (%)¹				Inception Date	Max Sales Charge	Expense Ratio (%)²
Age-Based Portfolios As of October 31, 2023	APY (%)	YTD Returns at NAV (%)¹	1 Yr	3 Yrs	5 Yrs	Lifetime	Inception Date	Max Sales Charge	Expense Ratio (%)²
Age-Based Aggressive
Ages 0-2	n/a	1.09	4.45	5.18	5.54	6.43	9/28/16	3.50%	0.97
Ages 3-5	n/a	0.59	3.76	4.50	5.23	6.06	9/28/16	3.50%	0.96
Ages 6-8	n/a	0.32	3.23	3.62	4.70	5.50	9/28/16	3.50%	0.95
Ages 9-10	n/a	-0.23	2.50	2.68	4.06	4.69	9/28/16	3.50%	0.95
Ages 11-12	n/a	-0.38	2.27	1.86	3.60	4.19	9/28/16	3.50%	0.96
Ages 13-14	n/a	-0.68	1.74	0.89	3.14	3.69	9/28/16	3.50%	0.96
Ages 15-16	n/a	-0.95	1.21	0.42	2.67	3.08	9/28/16	3.50%	0.95
Ages 17-18	n/a	-1.09	0.76	-0.23	2.11	2.46	9/28/16	3.50%	0.95
Ages 19+	n/a	-1.11	0.55	-0.58	1.63	1.90	9/28/16	3.50%	0.92
Age-Based Moderate
Ages 0-2	n/a	0.59	3.76	4.50	5.23	6.06	9/28/16	3.50%	0.96
Ages 3-5	n/a	0.32	3.23	3.62	4.70	5.50	9/28/16	3.50%	0.95
Ages 6-8	n/a	-0.23	2.50	2.68	4.06	4.69	9/28/16	3.50%	0.95
Ages 9-10	n/a	-0.38	2.27	1.86	3.60	4.19	9/28/16	3.50%	0.96
Ages 11-12	n/a	-0.68	1.74	0.89	3.14	3.69	9/28/16	3.50%	0.96
Ages 13-14	n/a	-0.95	1.21	0.42	2.67	3.08	9/28/16	3.50%	0.95
Ages 15-16	n/a	-1.09	0.76	-0.23	2.11	2.46	9/28/16	3.50%	0.95
Ages 17-18	n/a	-1.11	0.55	-0.58	1.63	1.90	9/28/16	3.50%	0.92
Ages 19+	n/a	-1.22	0.15	-1.15	1.00	1.17	9/28/16	3.50%	0.88
Age-Based Conservative
Ages 0-2	n/a	0.32	3.23	3.62	4.70	5.50	9/28/16	3.50%	0.95
Ages 3-5	n/a	-0.23	2.50	2.68	4.06	4.69	9/28/16	3.50%	0.95
Ages 6-8	n/a	-0.38	2.27	1.86	3.60	4.19	9/28/16	3.50%	0.96
Ages 9-10	n/a	-0.68	1.74	0.89	3.14	3.69	9/28/16	3.50%	0.96
Ages 11-12	n/a	-0.95	1.21	0.42	2.67	3.08	9/28/16	3.50%	0.95
Ages 13-14	n/a	-1.09	0.76	-0.23	2.11	2.46	9/28/16	3.50%	0.95
Ages 15-16	n/a	-1.11	0.55	-0.58	1.63	1.90	9/28/16	3.50%	0.92
Ages 17-18	n/a	-1.22	0.15	-1.15	1.00	1.17	9/28/16	3.50%	0.88
Ages 19+	n/a	-0.94	-0.03	-0.91	0.46	0.43	9/28/16	3.50%	0.80
Target Portfolios As of October 31, 2023	APY (%)	YTD Returns at NAV (%)¹	Average Annual Total Returns at NAV (%)¹				Inception Date	Max Sales Charge	Expense Ratio (%)²
Target Portfolios As of October 31, 2023	APY (%)	YTD Returns at NAV (%)¹	1 Yr	3 Yrs	5 Yrs	Lifetime	Inception Date	Max Sales Charge	Expense Ratio (%)²
Target Fund 100	n/a	1.09	4.45	5.18	5.54	7.78	8/2/10	3.50%	0.97
Target Fund 80	n/a	0.32	3.23	3.62	4.70	6.67	8/2/10	3.50%	0.95
Target Fund 60	n/a	-0.38	2.27	1.86	3.60	5.37	8/2/10	3.50%	0.96
Target Fund 40	n/a	-0.95	1.21	0.42	2.67	4.18	8/2/10	3.50%	0.95
Target Fund 20	n/a	-1.11	0.55	-0.58	1.63	2.78	8/2/10	3.50%	0.92
Target Fixed Income Fund	n/a	-0.94	-0.03	-0.91	0.46	0.60	8/2/10	3.50%	0.80
Individual Portfolios As of October 31, 2023	APY (%)	YTD Returns at NAV (%)¹	Average Annual Total Returns at NAV (%)¹				Inception Date	Max Sales Charge	Expense Ratio (%)²
Individual Portfolios As of October 31, 2023	APY (%)	YTD Returns at NAV (%)¹	1 Yr	3 Yrs	5 Yrs	Lifetime	Inception Date	Max Sales Charge	Expense Ratio (%)²
Bank Savings 529 Portfolio
Bank Savings 529 Portfolio	5.53	4.11	4.67	1.94	n/a	1.77	7/1/20	3.50%	0.21
Money Market 529 Portfolio
State Street U.S. Government Money Market 529 Portfolio*	n/a	3.93	4.50	1.74	1.50	1.25	7/27/16	3.50%	0.33
Fixed Income 529 Portfolios
PIMCO Short-Term 529 Portfolio	n/a	4.73	5.77	1.16	1.40	1.21	8/2/10	3.50%	1.00
Northern Funds Bond Index 529 Portfolio	n/a	-6.64	-3.68	-7.21	-1.42	0.45	8/2/10	3.50%	0.68
Fidelity Advisor Investment Grade Bond 529 Portfolio	n/a	-5.64	-3.04	-6.55	-0.56	0.18	10/10/12	3.50%	0.89
PGIM Total Return Bond 529 Portfolio	n/a	-5.11	-1.83	-6.63	n/a	-4.46	4/28/20	3.50%	0.92
American Century Short-Duration Inflation-Protection Bond Fund 529 Portfolio	n/a	-2.71	-2.54	0.16	1.54	0.69	9/26/13	3.50%	0.90
BlackRock High Yield Bond 529 Portfolio	n/a	1.00	2.33	n/a	n/a	-2.76	4/15/21	3.50%	1.11
AB Global Bond Fund 529 Portfolio	n/a	-4.27	-2.61	n/a	n/a	-6.40	4/15/21	3.50%	1.03
Balanced 529 Portfolio
T. Rowe Price Balanced 529 Portfolio	n/a	1.30	3.88	1.62	4.57	6.57	8/2/10	3.50%	0.98
Real Estate 529 Portfolios
DFA Real Estate Securities 529 Portfolio	n/a	-12.12	-11.55	1.27	n/a	-1.02	4/9/19	3.50%	0.71
Principal Global Real Estate Securities 529 Portfolio	n/a	-11.74	-8.48	-3.20	n/a	-4.35	11/25/14	3.50%	1.40
Domestic Equity 529 Portfolios
DFA U.S. Large Cap Value 529 Portfolio	n/a	-5.67	-4.86	10.56	4.76	3.50	2/6/18	3.50%	0.75
Northern Funds Stock Index 529 Portfolio	n/a	6.32	5.68	8.39	9.50	11.50	8/2/10	3.50%	0.63
T. Rowe Price Large-Cap Growth 529 Portfolio	n/a	23.25	17.02	3.83	10.20	13.98	8/2/10	3.50%	1.08
Northern Funds Mid Cap Index 529 Portfolio	n/a	-5.21	-5.07	7.24	5.53	9.35	8/2/10	3.50%	0.68
T. Rowe Price Small-Cap Value 529 Portfolio	n/a	-9.55	-13.24	n/a	n/a	-11.24	8/11/21	3.50%	1.21
Northern Funds Small Cap Index 529 Portfolio	n/a	-8.23	-12.29	2.10	1.86	7.59	8/2/10	3.50%	0.68
T. Rowe Price QM U.S. Small-Cap Growth Equity 529 Portfolio	n/a	-2.55	-3.79	0.14	4.14	6.64	9/28/16	3.50%	1.17
International Equity 529 Portfolios
Northern Funds International Equity Index 529 Portfolio	n/a	-0.84	10.76	4.11	2.92	3.70	8/2/10	3.50%	0.77
Neuberger Berman International Select 529 Portfolio	n/a	-2.82	5.42	0.45	3.42	3.87	8/2/10	3.50%	1.34
DFA International Small Company 529 Portfolio	n/a	-4.95	6.26	2.86	1.89	4.99	10/10/12	3.50%	0.92
Vanguard Emerging Markets Select Stock 529 Portfolio	n/a	-3.60	10.38	-2.38	n/a	-1.62	4/9/19	3.50%	1.37
Commodities
Parametric Commodity Strategy 529 Portfolio	n/a	-8.77	-8.42	13.26	5.32	-2.95	10/10/12	3.50%	1.33