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Vanguard Lifetime Income Program - Inflation-Protected Securities Fund [QF]
Performance

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 05/31/2015
 1 Year3 Year5 Year10 YearSince Inception
10/10/2003
VLIP-Inflation-Protec Sec–1.14%–1.39% 3.01%3.48%4.05%
Barclays US Trsy Inflat Prtcd Index*–0.47% –0.62%3.79%4.28%4.84%

Recent Investment Returns
 Year-to-Date
as of 06/29/2015
Year-to-Date
as of 05/31/2015
Previous
Month—May
Three-Month Total
as of 05/31/2015
VLIP-Inflation-Protec Sec–0.15%0.65% –1.08%–0.92%
Barclays US Trsy Inflat Prtcd Index*1.33% –0.82%–0.56%

See cumulative, yearly, and quarterly historical returns

*Includes the inflation-indexed securities within the Barclays U.S. Treasury Bond Index, which represents U.S. Treasury obligations with maturities of more than 1 year.