Vanguard Variable Annuity - Small Company Growth Portfolio

Quarter-End Holdings as of 09/30/2016

1Cadence Design Systems Inc.1.2%
22U Inc.1.1%
3ABIOMED Inc.1.0%
4Tennant Co.0.9%
5Clean Harbors Inc.0.8%
6Sally Beauty Holdings Inc.0.8%
7Euronet Worldwide Inc.0.8%
8ServiceMaster Global Holdings Inc.0.8%
9LPL Financial Holdings Inc.0.8%
10INC Research Holdings Inc.0.8%
Ten largest holdings = 9.0% of total net assets

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

Vanguard portfolio holdings disclaimer