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Vanguard Variable Annuity - Equity Index Portfolio

Quarter-End Holdings as of 05/31/2015

RankHoldingPercentage
1Apple Inc.4.0%
2Microsoft Corp.2.1%
3Exxon Mobil Corp.1.9%
4Google Inc.1.6%
5Johnson & Johnson1.5%
6General Electric Co.1.5%
7Wells Fargo & Co.1.4%
8Berkshire Hathaway Inc.1.4%
9JPMorgan Chase & Co.1.3%
10Pfizer Inc.1.1%
Ten largest holdings = 17.8% of total net assets

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

Vanguard portfolio holdings disclaimer