The Texas College Savings plan, managed by Orion Advisor Solutions, Inc. (previously known as NorthStar Financial Services Group, LLC) offers two age-based investment options and seven static options using underlying investments managed by Artisan, DFA, Dodge & Cox, Dreyfus, Invesco, T. Rowe Price, TIAA-CREF, and Vanguard.
- Program typeSavings
- Inception2002, but substantially changed in November 2007. Orion replaced Oppenheimer as plan manager in September 2014.
- State agencyTexas Prepaid Higher Education Tuition Board
- Tax deduction
- Program ManagerOrion Advisor Solutions, Inc.
- Program distributorNorthern Lights Distributors, LLC
Investors in Texas College Savings Plan 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.||% Equity||1YR Performance||Rank|
|Blended Age Based 0-6 Years Portfolio||0.94%||90%||40.64%||34 of 35|
|Blended Age Based 7-9 Years Portfolio||0.89%||70%||30.95%||83 of 92|
|Blended Age Based 10-11 Years Portfolio||0.86%||60%||26.34%||40 of 46|
|Blended Age Based 12-14 Years Portfolio||0.84%||50%||21.87%||119 of 120|
|Blended Age Based 15-17 Years Portfolio||0.77%||30%||13.63%||71 of 78|
|Blended Age Based 18 Years and Over Portfolio||0.71%||10%||5.11%||101 of 122|
|Index Age Based 0-6 Years Portfolio||0.59%||90%||36.8%||21 of 35|
|Index Age Based 7-9 Years Portfolio||0.6%||70%||28.18%||75 of 92|
|Index Age Based 10-11 Years Portfolio||0.6%||60%||24%||32 of 46|
|Index Age Based 12-14 Years Portfolio||0.6%||50%||19.97%||113 of 120|
|Index Age Based 15-17 Years Portfolio||0.61%||30%||12.64%||61 of 78|
|Index Age Based 18 Years and Over Portfolio||0.6%||10%||4.87%||97 of 122|