Vanguard 50% Bonds / 50% Short-Term Reserves Portfolio - CFNC

Vanguard 50% Bonds/50% Short-Term Reserves Portfolio

View all investment options

Unit Price as of close 12/23/2025: $11.82

Investment Objective

Seeks to provide current income.

Investments are subject to risk and Participants should carefully read the Program Description for North Carolina's National College Savings Program for more information.

Note: Vanguard Short-Term Reserves Account’s investments in Vanguard Federal Money Market Fund are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although Vanguard Federal Money Market Fund seeks to preserve the value of the investment at $1 per share, the Fund cannot guarantee that it will do so. The Fund’s sponsor has no legal obligation to provide financial support to the Fund and one should not expect that the sponsor will provide financial support to the Fund at any time. It is possible that Vanguard Short-Term Reserves Account may lose money by investing in the Fund.

Recent Unit Price

Last 90 Days

Recent Performance as of 12/23/2025

Last Month	Last Quarter	Year to Date
0.25%	1.12%	4.32%

Avg. Annualized Performance as of 11/30/2025

1 Year	3 Year	5 Year	10 Year
3.86%	3.60%	1.34%	N/A

Portfolio Composition

50.00% Vanguard Short-Term Reserves Account 23.00% Vanguard Total Bond Market II Index Fund 15.00% Vanguard Total International Bond Index Fund 12.00% Vanguard Short-Term Inflation-Protected Securities Index Fund

View Unit Price by Date

View Unit Price as of close 12/23/2025: $11.82

Fees and Expenses

Portfolio Expenses	Administrative Fees
0.055%	0.25%

Administrative Fee (“Program Administrator Fee”) of no more than 0.25% annually.

Risk Potential

1 2 3 4 5

Less Risk Less Reward

More Risk More Reward

Bond Style

Treasury/Agency Quality Investment-GradeCorporate Below Investment-Grade Short Medium Long