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Vanguard Telecommunication Services ETF (VOX)

Quarter-End Holdings as of 03/31/2016

RankHoldingPercentage
1Verizon Communications Inc.22.4%
2AT&T Inc.22.4%
3CenturyLink Inc.4.6%
4Level 3 Communications Inc.4.4%
5SBA Communications Corp.3.7%
6T-Mobile US Inc.3.5%
7Frontier Communications Corp.2.6%
8Telephone & Data Systems Inc.2.1%
9Sprint Corp.2.0%
10ORBCOMM Inc.1.9%
Ten largest holdings = 69.6% of total net assets

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

Vanguard portfolio holdings disclaimer