About VWAMX
The IAdvisor 529 Plan Age 6-10 Option - Class C is an age-based investment portfolio designed to support education savings specifically for beneficiaries aged 6 to 10 years. It is part of the IAdvisor 529 Plan, a tax-advantaged program tailored for college and higher education funding, managed by Voya Investment Management. This option automatically adjusts its asset allocation over time, gradually shifting from higher-risk, growth-oriented investments to more conservative assets as the beneficiary approaches college age, helping to balance growth potential with capital preservation.
The Age 6-10 Option - Class C features a diversified mix of U.S. and international stocks, bonds, and other asset classes. Its holdings commonly include large-cap equities, international equities, as well as intermediate and high-yield bonds, reflecting a moderate risk profile suitable for mid-stage education savers. Contributions are flexible and can be made by various family members, and earnings grow tax-deferred. Withdrawals for qualified educational expenses—such as tuition, fees, books, and room and board—are federally tax-free, and state tax benefits may also apply for Iowa residents. This option is an integral component of the broader IAdvisor 529 Plan, supporting families as they manage the evolving investment needs of beneficiaries through different stages of their educational journey.
VWAMX had a total return of 14.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.43%.
