Vanguard Lifetime Income Program - Money Market Portfolio
Holdings

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. See performance data current to the most recent month-end, which may be higher or lower than that cited.

Fund Characteristics as of 10/31/2016
 VLIP-Money MarketMoney Market Funds Average
Turnover Rate (Fiscal Year End December)0.0%
Short-Term Reserves89.6%
Total Net Assets

Equity Characteristics as of 10/31/2016
 VLIP-Money Market
Number of Stocks
Median Market Cap
Price/Earnings Ratio
Price/Book Ratio
Return on Equity
Earnings Growth Rate
Foreign Holdings
Turnover Rate (Fiscal Year End December)0.0%
Short-Term Reserves89.6%
Total Net Assets

Fixed-Income Characteristics as of 10/31/2016
 VLIP-Money Market
Number of Bonds251
Yield to Maturity
Average Coupon
Average Maturity
Average Duration

Equity Sector Diversification as of —
 VLIP-Money Market

Glossary