Vanguard Lifetime Income Program - Mid-Cap Index Portfolio

Quarter-End Holdings as of 02/28/2017

1Equinix Inc.0.8%
2Fiserv Inc.0.7%
3Electronic Arts Inc.0.7%
4Newell Brands Inc.0.7%
5M&T Bank Corp.0.7%
6Western Digital Corp.0.6%
7Amphenol Corp.0.6%
8Incyte Corp.0.6%
9Roper Technologies Inc.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