Vanguard Lifetime Income Program - Mid-Cap Index Portfolio

Quarter-End Holdings as of 09/30/2016

1Ross Stores Inc.0.8%
2Edwards Lifesciences Corp.0.8%
3Equinix Inc.0.8%
4Newell Brands Inc.0.8%
5Electronic Arts Inc.0.8%
6Fiserv Inc.0.7%
7Newmont Mining Corp.0.6%
8ConAgra Foods Inc.0.6%
9Amphenol Corp.0.6%
10Concho Resources Inc.0.6%
Ten largest holdings = 7.1% of total net assets

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

Vanguard portfolio holdings disclaimer