Vanguard Lifetime Income Program - Mid-Cap Index Portfolio

Quarter-End Holdings as of 10/31/2016

1Equinix Inc.0.8%
2Ross Stores Inc.0.8%
3Newell Brands Inc.0.7%
4Electronic Arts Inc.0.7%
5Fiserv Inc.0.7%
6ConAgra Foods Inc.0.7%
7Amphenol Corp.0.6%
8Edwards Lifesciences Corp.0.6%
9Newmont Mining Corp.0.6%
10WEC Energy Group Inc.0.6%
Ten largest holdings = 6.8% of total net assets

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

Vanguard portfolio holdings disclaimer