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Vanguard Lifetime Income Program - Total Stock Market Index Portfolio
Holdings

Fund Characteristics as of —
 VLIP-Total Stock Mrkt IdxS&P Total Market Index
Fund Total Net Assets

Allocation To Underlying Funds as of 12/31/2015
Ranking By PercentageFundPercentage
1Vanguard Variable Insurance Fund - Equity Index Portfolio 81.4%
2Vanguard Extended Market Index Fund Investor Shares 18.6%
Total100.0%

Glossary