Vanguard Lifetime Income Program - Balanced Portfolio

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. Expense ratio information can be found on the Overview page.

Average Annual Returns—Updated Monthly as of 04/30/2018
 1 Year3 Year5 Year10 YearSince Inception
VLIP-Balanced Portfolio7.77%6.59%7.99% 6.96%7.82%
Composite Stock/Bond Index (VVIF)*8.61%7.53%9.13% 7.63%7.47%

Recent Investment Returns
as of 05/18/2018
as of 04/30/2018
Three-Month Total
as of 04/30/2018
VLIP-Balanced Portfolio–0.87%–1.80% 0.26%–4.48%
Composite Stock/Bond Index (VVIF)*–1.21% –0.04%–4.38%

See cumulative, yearly, and quarterly historical returns

*Made up of two unmanaged benchmarks, weighted 65% S&P 500 Index and 35% Bloomberg Barclays U.S. Credit A or Better Bond Index.