The Vanguard 529 plan

Vanguard Target Enrollment Portfolios

With our Target Enrollment Portfolios, you make just one decision, and your investment is put to work.

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Open a Vanguard 529 plan

Why choose a Vanguard Target Enrollment Portfolio for your 529 account?

Vanguard Target Enrollment Portfolios make choosing an investment for education savings about as easy as it gets. Consider a portfolio based on the year you expect your student to start school—from kindergarten through graduate or trade school. We’ll take it from there.

Benefits of the Vanguard Target Enrollment Portfolio

Built-in diversification. Each portfolio is an all-in-one investment that will broadly diversify among stock, bond and cash investments as the year to enrollment gets closer.

Expert management and convenience. Target Enrollment Portfolios are professionally managed and automatically adjust to become more conservative as your student gets closer to enrollment.

Flexibility. You can save for multiple education goals by holding up to 5 portfolios in a single account. For example, if you want your child to attend private high school and college, you can save for both by investing in 2 different portfolios in the same account.

How to pick the right Target Enrollment portfolio for your 529 account

Look for your student's expected enrollment year and consider the portfolio that best matches that time frame.

2030 / 2031

Year entering school

Asset allocation

Stocks

47%

Bonds

53%

Short-term reserves

0%

Vanguard Target Enrollment Portfolios

Take a glance at the risk ratings and asset allocations of each portfolio profile listed by enrollment year.
Allocations represented on the charts are as of April 1, 2024. To view the most recent portfolio allocation as of the prior month-end, view the individual portfolio profile.

2042 / 2043

Year entering school

Asset allocation

Stocks

95%

Bonds

5%

Short-term reserves

0%

Why should I care about risk?

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2040 / 2041

Year entering school

Asset allocation

Stocks

95%

Bonds

5%

Short-term reserves

0%

Why should I care about risk?

Why should I care about risk?

Risk is a measure of how likely it is that you could lose money in an investment. Knowing the risk level you're comfortable with and the length of time you expect to invest can help you select an appropriate fund for your investing needs.

The potential for risk in Vanguard funds can be categorized in levels from 1 to 5. Knowing the risk level you're comfortable with and the length of time you expect to invest can help you select an appropriate fund for your investing needs.

Conservative funds

Risk level 1: Vanguard funds are classified as conservative if their share prices are expected to remain stable or to fluctuate only slightly. Such funds may be appropriate for the short-term reserves portion of a long-term investment portfolio or for investors with short-term investment horizons (3 years or less).

 

Conservative to moderate funds

Risk level 2: Vanguard funds classified as conservative to moderate are subject to low to moderate fluctuations in share prices. In general, such funds may be appropriate for investors with medium-term investment horizons (4 to 10 years).

 

Moderate funds

Risk level 3: Vanguard funds classified as moderate are subject to a moderate degree of fluctuation in share prices. In general, such funds may be appropriate for investors who have a relatively long-term investment horizon (more than 5 years).

 

Moderate to aggressive funds

Risk level 4: Vanguard funds classified as moderate to aggressive are broadly diversified but are subject to wide fluctuations in share prices because they hold virtually all of their assets in common stocks. These funds may be appropriate for investors who have a long-term investment horizon (10 years or longer).

 

Aggressive funds

Risk level 5: Vanguard funds classified as aggressive are subject to extremely wide fluctuations in share prices. These funds may be appropriate for investors who have a long-term investment horizon (10 years or longer). The unusually high volatility associated with these funds may stem from a number of strategies.
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2038 / 2039

Year entering school

Asset allocation

Stocks

87%

Bonds

13%

Short-term reserves

0%

Why should I care about risk?

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2036 / 2037

Year entering school

Asset allocation

Stocks

77%

Bonds

23%

Short-term reserves

0%

Why should I care about risk?

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2034 / 2035

Year entering school

Asset allocation

Stocks

65%

Bonds

35%

Short-term reserves

0%

Why should I care about risk?

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2032 / 2033

Year entering school

Asset allocation

Stocks

55%

Bonds

45%

Short-term reserves

0%

Why should I care about risk?

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2030 / 2031

Year entering school

Asset allocation

Stocks

47%

Bonds

53%

Short-term reserves

0%

Why should I care about risk?

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2028 / 2029

Year entering school

Asset allocation

Stocks

30.33%

Bonds

56.3%

Short-term reserves

13.37%

Why should I care about risk?

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2026 / 2027

Year entering school

Asset allocation

Stocks

21.27%

Bonds

52%

Short-term reserves

26.73%

Why should I care about risk?

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2024 / 2025

Year entering school

Asset allocation

Stocks

17.4%

Bonds

42.6%

Short-term reserves

40%

Why should I care about risk?

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2022 / 2023

Year entering school

Asset allocation

Stocks

13.53%

Bonds

33.1%

Short-term reserves

53.37%

Why should I care about risk?

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Commencement

Asset allocation

Stocks

11.6%

Bonds

28.4%

Short-term reserves

60%

Why should I care about risk?

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The Vanguard 529 College Savings Plan is a Nevada Trust administered by the office of the Nevada State Treasurer.

See a list of individual 529 portfolios

For more information about The Vanguard 529 College Savings Plan, download a Program Description (PDF) or request one by calling 866-734-4533. The Program Description includes investment objectives, risks, charges, expenses, and other information; read and consider it carefully before investing. Vanguard Marketing Corporation, Distributor.

If you are not a Nevada taxpayer, consider before investing whether your or the designated beneficiary's home state offers any state tax or other benefits that are only available for investments insuch state's qualified tuition program. Other state benefits may include financial aid, scholarship funds, and protection from creditors.

The Vanguard Group, Inc., serves as the Investment Manager for The Vanguard 529 College Savings Plan and through its affiliate, Vanguard Marketing Corporation, markets and distributes the Plan. Ascensus Broker Dealer Services, LLC, serves as Program Manager and has overall responsibility for the day-to-day operations. The Plan's portfolios, although they invest in Vanguard mutual funds, are not mutual funds. Investment returns are not guaranteed, and you could lose money by investing in the Plan. 

State tax treatment of K–12 withdrawals is determined by the state(s) where the taxpayer files state income tax. Please consult with a tax advisor for further guidance.