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Vanguard Variable Annuity - Mid-Cap Index Portfolio

Quarter-End Holdings as of 07/31/2015

1Monster Beverage Corp.0.7%
2BioMarin Pharmaceutical Inc.0.7%
3O'Reilly Automotive Inc.0.7%
4Chipotle Mexican Grill Inc.0.7%
5AvalonBay Communities Inc.0.7%
6Cerner Corp.0.7%
7Ross Stores Inc.0.7%
8Electronic Arts Inc.0.6%
9Fiserv Inc.0.6%
10Hartford Financial Services Group Inc.0.6%
Ten largest holdings = 6.7% of total net assets

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

Vanguard portfolio holdings disclaimer