Fixed Income Fund

The Fixed Income Fund is the most conservative of the Target Portfolios and seeks to preserve principal with less volatility than an all-bond portfolio while providing modest current income by investing approximately 50% of its net assets in money market investment funds and 50% in fixed income investment funds.

Underlying Investments

FDIC Insured Bank Account 50%
iShares 0-5 Year TIPS Bond ETF 15%

Fact Sheet Prospectus Annual Report
Baird Short-Term Bond Fund 10%

Fact Sheet Prospectus Annual Report
Fidelity Short-Term Bond Index Fund 10%

Fact Sheet Prospectus Annual Report
Fidelity U.S. Bond Index Fund 7.5%

Fact Sheet Prospectus Annual Report
PGIM Core Bond Fund 4.5%

Fact Sheet Prospectus Annual Report
American Beacon Garcia Hamilton Quality Bond Fund 3%

Fact Sheet Prospectus Annual Report

Portfolio Performance

Single Portfolio Performance
Fee Structure as of October 31, 2024	YTD	3 Mo	Average Annual Total Returns as of 10/31/2024					Expense Ratio^{Footnote 1}	Inception Date
Fee Structure as of October 31, 2024	YTD	3 Mo	1 Yr	3 Yrs	5 Yrs	10 Yrs	Since Inception^{Footnote 2}	Expense Ratio^{Footnote 1}	Inception Date
Fee Structure A	0.09%	-2.48%	2.78%	0.63%	0.97%	1.00%	1.37%	0.48%	11/18/05
Fee Structure C	3.48%	0.95%	6.13%	1.56%	1.44%	1.10%	1.30%	0.73%	11/18/05
Fee Structure E	3.76%	1.03%	6.43%	1.82%	1.69%	1.35%	1.38%	0.48%	4/17/07
Fee Structure F	3.99%	1.08%	6.73%	2.14%	1.99%	1.64%	1.82%	0.23%	11/18/05
Fee Structure G	3.77%	0.99%	6.40%	1.83%	1.70%	-	1.74%	0.48%	11/3/17
Fee Structure H	3.99%	1.06%	6.67%	2.08%	1.95%	-	1.99%	0.23%	11/3/17

Past performance is not necessarily an indication of future performance. Investment return and principal value will fluctuate, and you may have a gain or loss when you sell your shares. Current performance may be lower or higher than the performance data above. Performance information is current as of the most recent timeframe referenced above and is net of the Underlying Investment expenses, the program management fee, state fee, and any applicable account servicing fee.

For more information about the risks associated with each Investment Option and Underlying Investments, read the Program Disclosure Statement and the fund prospectus. The Investment Options’ risks are directly related to the risks of the Underlying Investments.

Fixed Income Fund

Underlying Investments

Portfolio Performance

Looking for something specific?