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Vanguard Lifetime Income Program - Mid-Cap Index Portfolio

Quarter-End Holdings as of 05/31/2015

RankHoldingPercentage
1Delphi Automotive plc0.8%
2Boston Scientific Corp.0.7%
3AmerisourceBergen Corp.0.7%
4AvalonBay Communities Inc.0.7%
5Moody's Corp.0.7%
6O'Reilly Automotive Inc.0.6%
7Skyworks Solutions Inc.0.6%
8Cerner Corp.0.6%
9BioMarin Pharmaceutical Inc.0.6%
10Monster Beverage Corp.0.6%
Ten largest holdings = 6.6% of total net assets

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

Vanguard portfolio holdings disclaimer