Age-Based Options: Moderate

How it works

Age-based investment options automatically reallocate account funds to be weighted less in equity funds and more in fixed-income funds, a stable value fund, and FDIC-insured accounts as your beneficiary approaches college enrollment age.

The Age-Based Moderate investment option allocates 80 percent of your account balance to one domestic equity fund and two international equity funds, and 20 percent of the balance to three fixed-income funds and a stable value fund until your beneficiary reaches age 7.

  • Vanguard Institutional Total Stock Market Index Fund
  • Vanguard Developed Markets Index Fund
  • Vanguard Emerging Markets Stock Index Fund
  • Vanguard Total Bond Market Index Fund
  • Vanguard Short-Term Investment-Grade Fund
  • Vanguard Total International Bond Index Fund
  • PIMCO Interest Income Fund

At age 7, the percentage of the account balance allocated to the fixed-income funds and the stable value fund increases, and the FDIC-insured accounts are added to the investment mix.

Equities continue to decrease while fixed-income, stable value, and FDIC-insured holdings increase as your beneficiary ages.

When your beneficiary reaches age 18, the account balance will be divided among long-term and short-term fixed-income funds, the stable value fund, and the FDIC-insured accounts.

age-based investment model

 age-based investment model

View the my529 Investment Option Asset Allocations Table.


View the my529 Investment Option Performance Table.


Read the Program Description, Part 7, Investment Information, for information about specific risks for the underlying investments in the Age-Based Moderate investment option.


View my529’s Asset Fee Structure Table and Approximate Cost of a $10,000 Investment Table.