Investing  »  Vanguard Lifetime Income portfolio list  »  Vanguard Lifetime Income portfolio profile

Vanguard Lifetime Income Program - Dividend Growth Fund [QF]
Holdings

Equity Characteristics as of 12/31/2015
 VLIP-Dividend Growth FundNASDAQ US Dividend Achievers Select
Number of Stocks49179
Median Market Cap$66.9 billion
Price/Earnings Ratio 20.4x21.3x
Price/Book Ratio 3.7x3.8x
Return on Equity 22.3%21.2%
Earnings Growth Rate 7.9%4.4%
Foreign Holdings7.0%
Turnover Rate (Fiscal Year End January)23.5%
Short-Term Reserves2.3%
Total Net Assets

Equity Sector Diversification
 VLIP-Dividend Growth FundNASDAQ US Dividend Achievers Select
Consumer Discretionary11.30%9.70%
Consumer Staples16.60%27.00%
Energy6.90%1.10%
Financials15.60%6.30%
Health Care17.00%12.50%
Industrials17.90%20.20%
Information Technology10.60%14.50%
Materials4.10%6.30%
Other0.00%
Telecommunication Services0.00%0.10%
Utilities0.00%2.30%

Sector categories are based on the Global Industry Classification Standard system.

Month End Ten Largest Holdings as of 12/31/2015
RankHolding
1Microsoft Corp.
2United Parcel Service Inc.
3TJX Cos. Inc.
4Honeywell International Inc.
5Colgate-Palmolive Co.
6ACE Ltd.
7Cardinal Health Inc.
8UnitedHealth Group Inc.
9McDonald's Corp.
10Johnson & Johnson
Ten largest holdings = 27.6% of total net assets

Quarter-end top ten holdings with weighting

Portfolio holdings

Glossary