Vanguard Income Portfolio

Unit Price as of close 06/26/2024: $11.94

Investment Objective

Seeks to provide current income, investing 75% of its assets into three Vanguard investment-grade bond funds (34.5% to the Vanguard Total Bond Market II Index Fund, 22.5% to the Vanguard Total International Bond Index Fund, and 18% to the Vanguard Short-Term Inflation-Protected Securities Index Fund), and 25% of assets to short-term investments (the Vanguard Short-Term Reserves Account).

Investments are subject to risk and Participants should carefully read the Program Description for North Carolina's National College Savings Program for more information

Recent Unit Price

Last 90 Days

Recent Performance as of 06/25/2024

Last Month	Last Quarter	Year to Date
0.85%	0.00%	-0.25%

Avg. Annualized Performance as of 05/31/2024

1 Year	3 Year	5 Year	10 Year
2.68%	-0.86%	0.76%	1.32%

Portfolio Composition

34.50% Vanguard Total Bond Market II Index Fund

25.00% Vanguard Short-Term Reserves Account

22.50% Vanguard Total International Bond Index Fund

18.00% Vanguard Short-Term Inflation-Protected Securities Index Fund

View Unit Price by Date

Unit Price as of close 06/26/2024: $11.94

Fees and Expenses

Portfolio Expenses	Administrative Fees
0.065%	0.25%

Administrative Fee (“Program Administrator Fee”) of no more than 0.25% annually.

Risk Potential

Less Risk
Less Reward

More Risk
More Reward

Bond Style

Treasury/
Agency

Quality

Investment-Grade
Corporate

Below Investment-
Grade

Short

Medium

Long