Vanguard Variable Annuity - Small Company Growth Portfolio

Quarter-End Holdings as of 09/30/2017

1LPL Financial Holdings Inc.1.6%
2TriNet Group Inc.1.5%
3Cadence Design Systems Inc.1.4%
4Sensata Technologies Holding NV1.3%
5CDW Corp.1.3%
6ServiceMaster Global Holdings Inc.1.2%
7Carter's Inc.1.2%
8Sally Beauty Holdings Inc.1.2%
9STERIS plc1.1%
10SS&C Technologies Holdings Inc.1.0%
Ten largest holdings = 12.8% of total net assets

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

Vanguard portfolio holdings disclaimer