Vanguard Variable Annuity - Equity Index Portfolio

Quarter-End Holdings as of 02/28/2017

1Apple Inc.3.6%
2Microsoft Corp.2.4%
3Alphabet Inc.2.4%
4Exxon Mobil Corp.1.7% Inc.1.6%
6Johnson & Johnson1.6%
7Berkshire Hathaway Inc.1.6%
8JPMorgan Chase & Co.1.6%
9Facebook Inc.1.6%
10General Electric Co.1.3%
Ten largest holdings = 19.4% of total net assets

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

Vanguard portfolio holdings disclaimer