Launched in October 2010, Nevada's Putnam 529 for America advisor-sold 529 savings plan offers an age-based option, 3 goal-based options, 10 individual-fund options, and 2 options consisting of the Putnam Absolute Return Funds. The 10 individual-fund options include several non-Putnam mutual funds. To find a financial advisor in your area, use the Directory of Financial Professionals.
- Program typeSavings
- Inception2010
- State agencyBoard of Trustees of the College Savings Plans of Nevada
- Tax deduction
- Program ManagerPutnam Investment Management, LLC
- Program distributorFranklin Distributors, LLC
Investment Options
Investors in Putnam 529 for America can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
| Portfolio | E.R. | %Â Equity | 1YR Performance |
|---|---|---|---|
| Age-Based - Newborn | 1.16% | 85% | N/A |
| Age-Based - Age 1 | 1.16% | 85% | 22.86% |
| Age-Based - Age 2 | 1.15% | 82.8% | 22.55% |
| Age-Based - Age 3 | 1.15% | 81.2% | 22.34% |
| Age-Based - Age 4 | 1.15% | 79% | 21.95% |
| Age-Based - Age 5 | 1.14% | 76% | 21.54% |
| Age-Based - Age 6 | 1.14% | 73.4% | 20.89% |
| Age-Based - Age 7 | 1.14% | 70% | 20.11% |
| Age-Based - Age 8 | 1.13% | 66.2% | 19.4% |
| Age-Based - Age 9 | 1.13% | 62.1% | 18.53% |
| Age-Based - Age 10 | 1.13% | 58.8% | 17.63% |
| Age-Based - Age 11 | 1.12% | 54.5% | 16.68% |
| Age-Based - Age 12 | 1.11% | 47.7% | 15.2% |
| Age-Based - Age 13 | 1.1% | 41.4% | 13.64% |
| Age-Based - Age 14 | 1.09% | 34.8% | 12.14% |
| Age-Based - Age 15 | 1.08% | 28.5% | 10.73% |
| Age-Based - Age 16 | 1.07% | 23.7% | 9.52% |
| Age-Based - Age 17 | 1.04% | 18.3% | 8.41% |
| Age-Based - Age 18 | 1.03% | 14.1% | 7.47% |
| Age-Based - Age 19 | 1% | 10.5% | 6.67% |
| Age-Based - Age 20 | 0.98% | 6.9% | 6.08% |
| Age-Based - Age 21+ | 0.96% | 4.5% | 5.65% |
