Iowa Adviser 529 Plan - Iadvisor 529 Age 18+ Option Fund (VWAJX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | n/a |
| YTD Return | 0.58% |
| 1-Year Return | 5.50% |
| 5-Year Return | n/a |
| 52-Week Low | 11.30 |
| 52-Week High | 12.09 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About VWAJX
The 529 IA Advisors Age 18 Option-C USD is an age-based investment option within a 529 college savings plan, specifically designed to support funding for higher education expenses once the beneficiary reaches age 18 or older. As a 529 plan portfolio, its primary function is to help families and individuals accumulate tax-advantaged savings that can be used for qualified education costs, including tuition, books, room and board, and other approved expenses at eligible educational institutions nationwide. The age-based structure results in the underlying investments shifting towards more conservative allocations as the beneficiary nears college age, typically emphasizing stabilized capital and reduced market risk. This particular Option-C class offers features such as flexible contribution limits, federal tax-free earnings on qualified withdrawals, and the ability to change beneficiaries within a family, aligning with the broader benefits of 529 plans. It serves a critical role in financial planning for education by providing a disciplined, goal-oriented investment strategy tailored to a student’s college timeline, ensuring assets are positioned to cover educational expenses when they are needed most.
Performance
VWAJX had a total return of 5.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.79%.