Vanguard Lifetime Income Program - Small Company Growth Portfolio

Quarter-End Holdings as of 06/30/2017

1TriNet Group Inc.1.6%
2LPL Financial Holdings Inc.1.5%
3Cadence Design Systems Inc.1.4%
4ServiceMaster Global Holdings Inc.1.3%
5CDW Corp.1.2%
6Sally Beauty Holdings Inc.1.2%
7Sensata Technologies Holding NV1.1%
8Carter's Inc.1.1%
9STERIS plc1.0%
10Clean Harbors Inc.1.0%
Ten largest holdings = 12.4% of total net assets

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

Vanguard portfolio holdings disclaimer