Vanguard Lifetime Income Program - Total International Stock Index Fund [QF]
Holdings

Region Allocation as of 10/31/2016


Equity Characteristics as of 10/31/2016
 VLIP-Total Intl Stock IdxFTSE Global All Cap ex US Index
Number of Stocks61295783
Turnover Rate (Fiscal Year End October)3.1%
Short-Term Reserves
Total Net Assets

Month End Ten Largest Holdings as of 10/31/2016
RankHolding
1Nestle SA
2Royal Dutch Shell plc
3Novartis AG
4Roche Holding AG
5Samsung Electronics Co. Ltd.
6Toyota Motor Corp.
7HSBC Holdings plc
8Taiwan Semiconductor Manufacturing Co. Ltd.
9Tencent Holdings Ltd.
10Unilever
Ten largest holdings = 8.0% of total net assets

Quarter-end top ten holdings with weighting

Portfolio holdings

Country Diversification (% of common stock) as of 10/31/2016
 VLIP-Total Intl Stock Idx
Japan18.1%
United Kingdom12.6%
Canada6.8%
France6.1%
Germany6.1%
Switzerland5.7%
Australia5.1%
China4.7%
Korea3.4%
Taiwan3.2%
Hong Kong2.7%
India2.5%
Netherlands2.1%
Spain2.2%
Sweden2.1%
Brazil1.9%
South Africa1.6%
Italy1.5%
Denmark1.2%
Belgium0.9%
Singapore1.0%
Mexico0.9%
Finland0.8%
Malaysia0.8%
Russia0.8%
Thailand0.8%
Indonesia0.6%
Norway0.5%
Israel0.4%
Philippines0.3%
Chile0.3%
New Zealand0.3%
Poland0.3%
Turkey0.3%
Austria0.2%
Ireland0.2%
United Arab Emirates0.2%
Colombia0.1%
Czech Republic0.0%
Egypt0.1%
Greece0.1%
Hungary0.1%
Other0.1%
Peru0.1%
Portugal0.1%
Qatar0.1%
Argentina0.0%
Pakistan0.0%

Glossary