NextGen 529 -- Client Direct Series

The Maine NextGen 529 -- Client Direct Series is managed by Vestwell State Savings, LLC and distributed by BlackRock Investments, LLC. The plan utilizes BlackRock (including iShares ETFs) funds in its Year of Enrollment options and static options. In addition, the Principal Plus Portfolio and the NextGen Savings Portfolio are available.

  • Program type
    Savings
  • Inception
    1999
  • State agency
    Finance Authority of Maine (FAME)
  • Tax deduction
  • Program Manager
    Vestwell State Savings, LLC; The Bank of New York Mellon provides certain custody and other services to the Program.
  • Program distributor
    BlackRock Investments, LLC

BlackRock Fixed Income Portfolio

Asset Allocation

Asset Class% AssetsCategory Avg.
US Stock0%3.89%
Foreign Stock0%1.51%
Real Estate0%0.15%
Bond61.75%45.99%
Short Term Bond19%14.83%
Cash/MM19.25%20.89%

Performance

Category Avg
This Portfolio
This Portfolio
Category Avg

Fees & Expenses (1 Year)

Category Avg
This Portfolio
This Portfolio
Category Avg

Total Expense Ratio

Fees vs Performance

Calculate your fee

Each investment portfolio within a 529 plan carries with it a certain fee, known as the expense ratio. These annual fees are calculated based on a percentage of the investment balance. Enter the information below to see how much in fees you will pay over the course of your investment.

$0

Growth of $10,000

Category Avg
This Portfolio

Assumptions

Data in "Growth of $10,000" is based on historical annual performance data.

Data as of 06/30/2024.

Disclaimer: The information contained herein: (1) is proprietary to Saving for College LLC and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Saving for College LLC nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Each portfolio is assigned to a category of similar portfolios for comparison purposes. Read about our methodology for categorizing portfolios.

Category average

Category averages are designed to be a representation of all portfolios with a similar risk profile (represented as a % of equity).