Vanguard Variable Annuity - Equity Index Portfolio

Quarter-End Holdings as of 10/31/2017

1Apple Inc.3.9%
2Microsoft Corp.2.9%
3Alphabet Inc.2.8% Inc.2.0%
5Facebook Inc.1.9%
6Johnson & Johnson1.7%
7Berkshire Hathaway Inc.1.6%
8JPMorgan Chase & Co.1.6%
9Exxon Mobil Corp.1.6%
10Bank of America Corp.1.2%
Ten largest holdings = 21.2% of total net assets

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

Vanguard portfolio holdings disclaimer