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

Region Allocation as of 09/30/2017


Equity Characteristics as of 09/30/2017
 VLIP-Total Intl Stock IdxFTSE Global All Cap ex US Index
Number of Stocks62725910
Turnover Rate (Fiscal Year End October)3.1%
Short-Term Reserves
Total Net Assets

Month End Ten Largest Holdings as of 09/30/2017
RankHolding
1Nestle SA
2Royal Dutch Shell plc
3Samsung Electronics Co. Ltd.
4Tencent Holdings Ltd.
5Novartis AG
6HSBC Holdings plc
7Roche Holding AG
8Taiwan Semiconductor Manufacturing Co. Ltd.
9Unilever
10Toyota Motor Corp.
Ten largest holdings = 8.5% of total net assets

Quarter-end top ten holdings with weighting

Portfolio holdings

Country Diversification (% of common stock) as of 09/30/2017
 VLIP-Total Intl Stock Idx
Japan16.9%
United Kingdom12.6%
Canada6.7%
France6.6%
Germany6.5%
Switzerland5.5%
China5.5%
Australia4.8%
Korea3.5%
Taiwan3.1%
Hong Kong2.6%
India2.4%
Netherlands2.3%
Spain2.3%
Sweden2.3%
Italy1.9%
Brazil1.8%
South Africa1.5%
Denmark1.3%
Belgium0.9%
Singapore0.9%
Finland0.8%
Mexico0.8%
Russia0.8%
Thailand0.8%
Malaysia0.7%
Norway0.6%
Indonesia0.5%
Israel0.3%
Philippines0.3%
Austria0.3%
Chile0.3%
Poland0.3%
Turkey0.3%
Ireland0.2%
New Zealand0.2%
Portugal0.1%
Qatar0.1%
United Arab Emirates0.2%
Colombia0.1%
Czech Republic0.0%
Egypt0.0%
Greece0.1%
Hungary0.1%
Other0.1%
Pakistan0.0%
Peru0.1%
Argentina0.0%

Glossary