CollegeBound 529

Invesco Stable Value Portfolio

Individual | Capital Preservation

Objective

The Invesco Stable Value Portfolio invests 100% of its assets in the Invesco Stable Value separate account. The Invesco Stable Value separate account invests in investment contracts (also referred to as "wrap contracts") and seeks to produce a stable return while avoiding negative returns. In most market environments, it should provide investors with a higher return than a money market fund while striving to maintain liquidity for Account Owner-initiated transactions and safety of principal.

Style

Short Term Maturity, High Quality

The portfolio invests in investment contracts (also referred to as "wrap contracts") that seek to provide stable returns in most market environments.

  • Preservation of principal. Seeks to preserve principal using a unique "building block" approach to portfolio construction that provides diversification across high-quality fixed income sectors and subsectors.
  • High-quality partners. Typically consists of five to seven individually negotiated wrap contracts issued by high-quality banks and insurance companies, which are designed to provide a consistent rate of return, while preserving capital.
  • Flexible structure. Portfolio's structure allows it to adjust positions in an effort to reduce risk or enhance returns in response to changing market conditions.

Diversification does not guarantee a profit or eliminate the risk of loss.

Portfolio Benchmark

Barclays U.S. Treasury Bellwether 3-Month Index

Management team

as of 11/30/2018 09/30/2018

Average Annual Returns (%)

  Incept.
Date
Max
Load (%)
Since
Incept. (%)
YTD (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
NAV 07/08/2016 N/A 1.28 1.38 1.48 N/A N/A N/A
Load 07/08/2016 4.00 -0.44 -2.64 -2.55 N/A N/A N/A
The performance quoted is past performance and is not a guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an account owner’s units, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data shown. Performance figures reflect reinvested distributions of the underlying security/securities and changes in net asset value (NAV). Class A Unit performance at load is shown at the maximum sales charge. Performance shown at NAV does not include applicable CDSC or front-end sales charges, which would have reduced the performance. Returns less than one year are cumulative; all others are annualized.

as of 11/30/2018 09/30/2018

Annualized Benchmark Returns


Index Name 1 Mo (%) 3 Mo (%) 1Y (%) 3Y (%) 5Y (%) 10Y (%)
Bloomberg Barclays U.S. Treasury Bellwethers (3M) Index 0.19 0.54 1.79 0.98 0.61 0.37
Bloomberg Barclays U.S. Treasury Bellwethers (3M) Index 0.16 0.49 1.60 0.85 0.53 0.36

Source: FactSet Research Systems Inc.

An investment cannot be made directly in an index.

Historical Prices

From   to
No history records found for this date range
The CollegeBound 529 Stable Value Portfolio invests in the Invesco Stable Value Separate Account. The data below is that of the underlying separate account.
as of 9/30/2018

Asset Allocation

May not equal 100% due to rounding.

as of 9/30/2018

Manager Diversification

May not equal 100% due to rounding.

as of 9/30/2018

Sector Allocation

May not equal 100% due to rounding.

as of 9/30/2018

Quality Allocation

May not equal 100% due to rounding.

Ratings Source: Standard & Poor's, Moody's or Fitch, as applicable. Ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest); ratings are subject to change without notice. If securities are rated differently by the rating agencies, the higher rating is applied. Not Rated (NR) indicates the debtor was not rated, and should not be interpreted as indicating low quality. For more information on the rating methodology, please visit standardandpoors.com; www.moody's.com or www.fitchratings.com.

**Includes cash and cash equivalents held in underlying investments.

as of 9/30/2018

Wrap Provider Exposure Holdings

Issuer % TNA Moody's
Rating
S&P
Rating
Fitch's
Rating
RGA 20.55 A1 AA- A
Prudential Ins Co 20.52 A1 AA- AA-
Voya Retirement & Annuity 19.74 A2 A A
American General Life Ins 11.83 A2 A+ A+
State Street Bank 11.83 Aa3 AA- AA+
Nationwide Life Insurance 11.44 A1 A+ NR

May not equal 100% due to rounding.

Portfolio composition statistics are subject to change and current holdings may differ. It should not be assumed that any of the holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the holdings.

 About risk

Risks of the Underlying Holding

There are risks that a wrap contract issuer may default which could result in loss of principal. Cost incurred to buy wrap contracts reduces Portfolio performance. New wrap contracts may have less favorable terms or higher costs. Poor market value performance may lead to constrained Portfolio investments and reduce performance. Termination of a wrap contract could result in loss of book value coverage.

Wrap contract crediting rates may be affected, positively or negatively, if a large number of participants request redemptions from the Portfolio or add new contributions to the Portfolio. The Portfolios credited rate will generally lag market interest rates.

Fixed-income investments are subject to credit risk of the issuer and the effects of changing interest rates. Interest rate risk refers to the risk that bond prices generally fall as interest rates rise and vice versa. An issuer may be unable to meet interest and/or principal payments, thereby causing its instruments to decrease in value and lowering the issuer’s credit rating.

The Portfolio is subject to certain other risks. Please see the current Program Description for more information regarding the risks associated with an investment in the Portfolio.
as of 12/13/2018

76222X471

NAV Change ($)
$10.32 0.00
N/As may appear until data is available. Data is usually updated between 3 and 8 p.m. CST.

Portfolio Details

  • CUSIP 76222X471
  • Portfolio Type Fixed Income
  • Geography Type Domestic
  • Inception Date 07/08/2016
  • Min Initial Investment $0
  • Subsequent Investment $0
  • Portfolio Number 9200
  • Expense Ratio (%) 0.86