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Starting in 2024, you can roll unused 529 assets to a Roth IRA established for the beneficiary subject to certain conditions.


TCSP Investments


Selecting an investment portfolio may seem overwhelming for some. However, the Texas College Savings Plan offers a number of investment options and strategies that you can tailor to align with your risk tolerance, time horizon and financial situation.

The Plan:  The Texas College Savings Plan, which is a 529 plan. offers a wide range of portfolios with underlying investments managed by DFA, Eaton Vance, Federated Hermes, New York Life, and Vanguard. You can choose from among the Plan’s Age-based, Risk-based and Individual Asset Class Options, or a combination of each.

Should your goals or needs change, you have the flexibility to rebalance your account or allocate future contributions to different portfolios. Under current federal regulations, account owners are allowed to change the allocation of existing assets twice per calendar year or whenever you name a new Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.

Investment Options

View Your Investment Options:

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Age-based Portfolios

Your account is placed in one of the following ten portfolios, according to your Beneficiary:  The individual identified by the Account Owner whose Qualified Higher Education Expenses are expected to be paid from the Account or, for Accounts owned by a state or local government or qualifying tax-exempt organization (otherwise known as a 501(c)(3) entity) as part of its operation of a scholarship program, the recipient of a scholarship whose Qualified Higher Education Expenses are expected to be paid from the Account. Any individual may be the Beneficiary of an Account, including the Account Owner.

A government entity or 501(c)(3) not-for-profit organization can establish an Account to fund scholarship programs without designating a Beneficiary at the time the Account is established.
age. The Age-based portfolios automatically adjust over time, becoming more conservative as the beneficiary ages.

Hover over a pie chart below for details. The center of the chart shows Asset Allocation:  A strategy for maximizing gains while minimizing risks in your investment portfolio. Asset allocation involves dividing your assets on a percentage basis among different broad categories of investments, including equity, fixed income, and money market.

0-3 Years

Seeks long-term capital growth by investing primarily in equity investments. A small percentage of assets are invested in fixed income investments to provide some protection from equity volatility.

4-6 Years

Seeks long-term capital growth by investing primarily in equity investments. A slightly larger percentage of assets are invested in fixed income investments to provide further protection from equity volatility.

7-8 Years

Seeks capital growth by investing in a balanced Asset Allocation:  A strategy for maximizing gains while minimizing risks in your investment portfolio. Asset allocation involves dividing your assets on a percentage basis among different broad categories of investments, including equity, fixed income, and money market. of equity and fixed income.

9 Years

Seeks moderate capital growth by investing in a balanced Asset Allocation:  A strategy for maximizing gains while minimizing risks in your investment portfolio. Asset allocation involves dividing your assets on a percentage basis among different broad categories of investments, including equity, fixed income, and money market. weighted toward equity.

10-11 Years

Seeks moderate capital growth by investing in a balanced Asset Allocation:  A strategy for maximizing gains while minimizing risks in your investment portfolio. Asset allocation involves dividing your assets on a percentage basis among different broad categories of investments, including equity, fixed income, and money market. with near equal weights between equity and fixed income.

12 Years

The Age-based 12 Years portfolio marks the shift to a majority fixed income exposure as the objective changes from capital growth to preservation and income.

13-14 Years

Seeks preservation of income with minimal growth by investing in a blended allocation of equity and fixed income with a heavier weight toward fixed income.

15 Years

Further reduction in equity exposure seeks preservation of capital and income with minimal growth by investing primarily in fixed income investments and stable value to maintain stability.

16-17 Years

Seeks preservation of income with minimal growth by investing in a blended allocation of equity and fixed income with a heavy weight toward fixed income, as well as the inclusion of stable value to provide additional income.

Ages 18 Years and Over

Seeks preservation of capital and income by investing primarily in fixed income, with the inclusion of some equity and some stable value.

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Risk-based Portfolios

The Risk-based Portfolios:  Investment vehicles featuring the flexibility to choose from among several investment options that may align with your tolerance for risk, your time horizon, and other factors. offer you the ability to choose investment options based on your risk tolerance. You can choose to invest in one or any combination of these portfolios as well as the Age-based and Individual Asset Class portfolios.

Hover over a pie chart below for details. The center of the chart shows Asset Allocation:  A strategy for maximizing gains while minimizing risks in your investment portfolio. Asset allocation involves dividing your assets on a percentage basis among different broad categories of investments, including equity, fixed income, and money market.

Aggressive Allocation

Seeks long-term growth by primarily investing in equity.

Balanced Allocation

Seeks moderate growth by investing in a balanced allocation weighted toward equity investments versus fixed income investments.

Conservative Allocation

Seeks capital preservation by investing primarily in fixed income investments and stable value.

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Individual Asset Class Portfolios

Individual Asset Class portfolios allow you to create your own portfolio allocation by selecting from among select asset classes. You can also invest in any number of Individual Asset Class Portfolios alongside other investment in Age-based or Risk-based Portfolios:  Investment vehicles featuring the flexibility to choose from among several investment options that may align with your tolerance for risk, your time horizon, and other factors.

Hover over a pie chart below for details. The center of the chart shows Asset Allocation:  A strategy for maximizing gains while minimizing risks in your investment portfolio. Asset allocation involves dividing your assets on a percentage basis among different broad categories of investments, including equity, fixed income, and money market.

Diversified Equity

100% equity portfolio seeks long-term growth through a regionally diversified portfolio of investments.

Diversified Fixed Income

100% Fixed Income portfolio seeks to provide diversified exposure to the U.S. bond market.

U.S. Stock

100% equity exposure seeking to closely track the total return of the U.S. Stock Market.

International Stock

100% equity exposure seeking to closely track the total return of equity investments outside the U.S.

U.S. Bond

100% Fixed Income portfolio seeks to track the total return of the float adjusted aggregate U.S. Bond Market.

Inflation Protection

100% Fixed Income exposure with the goal of providing income and protecting against inflation.

Capital Preservation

100% Stable Value exposure seeks to provide guaranteed income with insurance against risk.

View Underlying Investments & Target Asset Allocations

Each underlying investment has its own risks. For example, the prices of small-cap stocks are generally more volatile than large company stocks. There are special risks inherent to international investing, including currency, political, social and economic risks. Investments in growth stocks may be more volatile than other securities. With value investing, if the marketplace does not recognize that a security is undervalued, the expected price increase may not occur. Fixed income investing entails credit and interest risks. When interest rates rise, bond prices generally fall, and the underlying Fund’s share price can fall. Diversification does not guarantee a profit or protect against loss. Derivative instruments, securities whose values depend on the performance of an underlying security or asset, may entail potentially higher volatility and risk of loss compared to traditional stock or bond investments.

Performance & Prices

View month-end and quarter-end performance data for various investment portfolios.

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Performance

Performance Data - Month End

Performance Data - Quarter End

Expense Ratio2 Effective Date 01/01/0001

Total Returns1 as of 05/31/2024

Portfolio Name As of 05/31/2024 03/31/2024 Expense
Ratio footnote 1
Expense
Ratio footnote 3
Total Returns Average Annual Returns
 1
Month
 3
Month
YTD 1
Year
3
Year
5
Year
Since
Inception
Aged-based Portfolios
0-3 Years 3.93% 3.34% 7.43% 21.12% N/A N/A 3.32% 0.40%
0-3 Years 2.86% 6.94% 6.94% 20.96% N/A N/A 3.36% 0.40%
4-6 Years 3.86% 3.17% 7.07% 20.11% N/A N/A 2.97% 0.40%
4-6 Years 2.69% 6.57% 6.57% 19.96% N/A N/A 2.98% 0.40%
7-8 Years 3.63% 2.92% 6.13% 17.86% N/A N/A 2.23% 0.40%
7-8 Years 2.53% 5.73% 5.73% 17.67% N/A N/A 2.22% 0.40%
9 Years 3.39% 2.47% 5.17% 15.72% N/A N/A 1.52% 0.39%
9 Years 2.17% 4.86% 4.86% 15.38% N/A N/A 1.50% 0.39%
10-11 Years 3.14% 2.21% 4.30% 13.49% N/A N/A 0.72% 0.39%
10-11 Years 2.01% 4.10% 4.10% 13.14% N/A N/A 0.69% 0.39%
12 Years 2.88% 1.83% 3.42% 11.25% N/A N/A -0.04% 0.39%
12 Years 1.73% 3.31% 3.31% 10.89% N/A N/A -0.09% 0.39%
13-14 Years 2.72% 1.66% 2.61% 9.35% N/A N/A -0.73% 0.39%
13-14 Years 1.66% 2.61% 2.61% 8.87% N/A N/A -0.79% 0.39%
15 Years 2.43% 1.36% 1.79% 7.20% N/A N/A -1.31% 0.38%
15 Years 1.36% 1.79% 1.79% 6.84% N/A N/A -1.40% 0.38%
16-17 Years 2.14% 1.06% 1.06% 5.29% N/A N/A -1.80% 0.37%
16-17 Years 1.16% 1.16% 1.16% 4.93% N/A N/A -1.89% 0.37%
18+ Years 1.72% 0.64% 0.21% 3.28% N/A N/A -2.26% 0.37%
18+ Years 0.85% 0.42% 0.42% 2.93% N/A N/A -2.34% 0.37%
Risk-based Portfolios
Aggressive Allocation 3.75% 2.94% 6.48% 18.74% N/A N/A 2.07% 0.40%
Aggressive Allocation 2.54% 6.07% 6.07% 18.55% N/A N/A 2.06% 0.40%
Balanced Allocation 3.29% 2.48% 5.18% 15.64% N/A N/A 1.40% 0.39%
Balanced Allocation 2.28% 4.98% 4.98% 15.42% N/A N/A 1.42% 0.39%
Conservative Allocation 2.22% 1.15% 1.36% 6.15% N/A N/A -1.35% 0.38%
Conservative Allocation 1.26% 1.47% 1.47% 5.79% N/A N/A -1.40% 0.38%
Individual Assets Class Portfolios
Diversified Equity 4.48% 3.79% 8.74% 23.73% N/A N/A 3.74% 0.35%
Diversified Equity 3.13% 8.04% 8.04% 23.50% N/A N/A 3.73% 0.35%
Diversified Fixed Income 1.49% 0.53% -0.42% 3.82% N/A N/A -2.01% 0.52%
Diversified Fixed Income 0.85% -0.10% -0.10% 3.92% N/A N/A -2.02% 0.52%
U.S. Stock 4.73% 3.20% 9.92% 27.25% N/A N/A 5.07% 0.33%
U.S. Stock 3.11% 9.82% 9.82% 28.88% N/A N/A 5.41% 0.33%
International Stock 4.04% 4.79% 6.19% 16.40% N/A N/A 1.16% 0.38%
International Stock 3.05% 4.44% 4.44% 12.44% N/A N/A 0.52% 0.38%
U.S. Bond 1.70% 0.00% -1.64% 1.01% N/A N/A -4.30% 0.34%
U.S. Bond 0.78% -0.88% -0.88% 1.23% N/A N/A -4.29% 0.34%
Inflation Protection 1.77% 0.77% 0.00% 1.21% N/A N/A -3.40% 0.42%
Inflation Protection 0.66% -0.11% -0.11% -0.11% N/A N/A -3.69% 0.42%
Capital Preservation 0.22% 0.67% 1.12% 2.35% N/A N/A 1.86% 0.31% footnote 2
Capital Preservation 0.20% 0.65% 0.65% 2.21% N/A N/A 1.80% 0.31% footnote 4

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s units, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Performance data for each portfolio are based on the total return of a hypothetical account, net of the Texas College Savings Plan program and administration fees.

Footnotes

  1. Portfolio returns for periods less than 1 year are cumulative and are not annualized.
  2. Although there are no investment expenses associated with the Capital Preservation Portfolio, the yield of the underlying investment, New York Life GIA (“GIA”) is reduced by 0.10% to compensate New York Life for operating, administrative, and marketing costs. This will reduce the return of the portfolios that invest in the GIA. The interest rate (Crediting Rate) for the GIA resets every six months on January 1 and July 1. The Net Crediting Rate for the GIA is currently 3.00%.

The performance data quoted represents past performance, which does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s units, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Performance data for each portfolio are based on the total return of a hypothetical account, net of the Texas College Savings Plan program and administration fees.

Footnotes

  1. Portfolio returns for periods less than 1 year are cumulative and are not annualized.
  2. Although there are no investment expenses associated with the Capital Preservation Portfolio, the yield of the underlying investment, New York Life GIA (“GIA”) is reduced by 0.10% to compensate New York Life for operating, administrative, and marketing costs. This will reduce the return of the portfolios that invest in the GIA. The interest rate (Crediting Rate) for the GIA resets every six months on January 1 and July 1. The Net Crediting Rate for the GIA is currently 3.00%.

1623-NLD-05252022

View pricing data for various investment portfolios.

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Prices

You may see historical pricing and compare portfolios by selecting individual portfolios below.

Portfolio Prices as of 06/14/2024

Portfolio Name Unit Value Daily Net Change Inception Date Expense Ratio (%) footnote 1 Historical Price
Aged-based Portfolios
0-3 Years 10.96 -0.03 12/10/21 0.40
4-6 Years 10.87 -0.02 12/10/21 0.40
7-8 Years 10.68 -0.02 12/10/21 0.40
9 Years 10.51 -0.01 12/10/21 0.39
10-11 Years 10.30 -0.02 12/10/21 0.39
12 Years 10.11 -0.01 12/10/21 0.39
13-14 Years 9.94 -0.01 12/10/21 0.39
15 Years 9.80 0.00 12/10/21 0.38
16-17 Years 9.67 0.00 12/10/21 0.37
18+ Years 9.56 0.00 12/10/21 0.37
Risk-based Portfolios
Aggressive Allocation 10.64 -0.03 12/10/21 0.40
Balanced Allocation 10.48 -0.01 12/10/21 0.39
Conservative Allocation 9.79 0.00 12/10/21 0.38
Individual Assets Class Portfolios
Diversified Equity 11.07 -0.04 12/10/21 0.35
Diversified Fixed Income 9.63 0.00 12/10/21 0.52
U.S. Stock 11.57 -0.02 12/10/21 0.33
International Stock 10.14 -0.07 12/10/21 0.38
U.S. Bond 9.13 0.01 12/10/21 0.34
Inflation Protection 9.26 0.00 12/10/21 0.42
Capital Preservation 10.4776 0.0008 12/10/21 0.31 footnote 2

Footnotes

  1. Expense ratios for each of the portfolios include underlying investment expenses and plan fees.
  2. Although there are no investment expenses associated with the Capital Preservation Portfolio, the yield of the underlying investment, New York Life GIA (“GIA”) is reduced by 0.10% to compensate New York Life for operating, administrative, and marketing costs. This will reduce the return of the portfolios that invest in the GIA. The interest rate (Crediting Rate) for the GIA resets every six months on January 1 and July 1. The Net Crediting Rate for the GIA is currently 3.00%.

1821-NLD-12292021