Important 529 Portfolio Performance Information
Not a typical mutual fund investment
The Vanguard® 529 College Savings Plan (The Vanguard Plan) is a 529 college savings plan sponsored by the state of Nevada. Although money contributed to The Vanguard Plan will be invested in underlying Vanguard mutual funds, The Vanguard Plan itself is not a mutual fund. The state of Nevada has created a trust specifically for the purpose of offering 529 college savings plans, including The Vanguard Plan. An investment in The Vanguard Plan is an investment in municipal fund securities that are issued and offered by the trust. These securities are not guaranteed by the state of Nevada, Vanguard, Upromise, or any other entity, and are not registered with the U.S. Securities and Exchange Commission. Investments in The Vanguard Plan can go up or down in value, and you could lose money by investing in The Vanguard Plan.
Historical performance, particularly short-term performance, is no guarantee of future returns. Portfolio unit price, yield, and return on an actual investment will fluctuate, and you may have a gain or loss on your portfolio units when you withdraw money from your account.
Since-inception returns for less than one year are not annualized.
Expenses for multiple-fund portfolios represent a weighted average of the expenses of the portfolio's underlying funds. The fees and expenses of the underlying funds may change.
Expense ratios are displayed on each portfolio's Overview page. For portfolios less than one fiscal year old, the expense ratios are estimated.
For more information about Vanguard funds, download a prospectus using the Prospectus & reports link in the top menu of each fund's profile page. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.
For more information about The Vanguard 529 College Savings Plan, download a Program Description or request one by calling 866-734-4530. The Program Description includes investment objectives, risks, charges, expenses, and other information; read and consider it carefully before investing. Vanguard Marketing Corporation, Distributor and Underwriter. Please Note: Before investing in any 529 plan, you should consider whether your or the beneficiary's home state offers a 529 plan that provides its taxpayers with favorable state tax and other benefits that are only available through investment in the home state's 529 plan. You also should consult your financial, tax, or other adviser to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's 529 plan[s], or any other 529 plan, to learn more about those plans' features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.
The Vanguard 529 College Savings Plan is a Nevada Trust administered by the Board of Trustees of the College Savings Plans of Nevada, chaired by the Nevada State Treasurer.
The Vanguard Group, Inc., serves as the Investment Manager and through its affiliate, Vanguard Marketing Corporation, markets and distributes the Plan. Ascensus Broker Dealer Services, Inc., 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.