Vanguard Variable Annuity - Equity Index Portfolio

Quarter-End Holdings as of 08/31/2017

1Apple Inc.4.0%
2Microsoft Corp.2.7%
3Alphabet Inc.2.7%
4Facebook Inc.1.9% Inc.1.8%
6Johnson & Johnson1.7%
7Berkshire Hathaway Inc.1.6%
8Exxon Mobil Corp.1.5%
9JPMorgan Chase & Co.1.5%
10Bank of America Corp.1.1%
Ten largest holdings = 20.5% of total net assets

Portfolio holdings may exclude any temporary cash investments and equity index products.

Vanguard portfolio holdings disclaimer