Target Enrollment 2030/2031 Portfolio

Unit Price as of close 07/31/2026: $10.08

Investment Objective

The Target Enrollment Portfolios seek to provide capital appreciation and current income consistent with their current asset allocation. The objective of these options becomes more focused on capital preservation and income as they approach their target date. The Target Enrollment Portfolios are more likely to meet their goals if each Underlying Investment in which each Target Enrollment Portfolio invests achieves its stated investment objectives.

Recent Unit Price

Last 90 Days

Recent Performance as of 07/31/2026

Last Month	Last Quarter	Year to Date
0.10%	N/A	N/A

Avg. Annualized Performance as of 06/30/2026

1 Year	3 Year	5 Year	10 Year
N/A	N/A	N/A	N/A

Portfolio Composition

39.08% Vanguard Total Bond Market II Index Fund

17.48% Vanguard Institutional Total Stock Market Index Fund

16.75% Vanguard Total International Bond Index Fund

15.03% Vanguard Short-Term Reserves Account

11.66% Vanguard Total International Stock Index Fund

View Unit Price by Date

Unit Price as of close 07/31/2026: $10.08

Fees and Expenses

Portfolio Expenses	Administrative Fees
0.055%	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

Stock Style

Large

Market Capitalization

Medium

Small

Growth

Blend

Value

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