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Vanguard Lifetime Income Program - Mid-Cap Index Portfolio

Quarter-End Holdings as of 03/31/2016

1Ross Stores Inc.0.8%
2Fiserv Inc.0.7%
3Equinix Inc.0.7%
4Tyson Foods Inc.0.6%
5Electronic Arts Inc.0.6%
6ConAgra Foods Inc.0.6%
7WEC Energy Group Inc.0.6%
8Edwards Lifesciences Corp.0.6%
9Hartford Financial Services Group Inc.0.6%
10Eversource Energy0.6%
Ten largest holdings = 6.4% of total net assets

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

Vanguard portfolio holdings disclaimer