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Vanguard Lifetime Income Program - Inflation-Protected Securities Fund [QF]
Management

Vanguard Fixed Income Group

Firm Description

Launched in 1975, The Vanguard Group, Malvern, Pennsylvania, is among the world's largest equity and fixed income managers. As chief investment officer and managing director, Mortimer J. Buckley oversees Vanguard's Equity Index, Quantitative Equity, and Fixed Income Groups. Gregory Davis, CFA, principal and global head of Fixed Income Group, has direct oversight responsibility for all money market, bond, and stable value portfolios managed by the Fixed Income Group. The Fixed Income Group offers actively managed investments in U.S. Treasury, corporate, and tax-exempt securities, as well as passively managed index portfolios. Since 1981, it has refined techniques in total-return management, credit research, and index sampling to seek to deliver consistent performance with transparency and risk control. The group has advised Vanguard Lifetime Income Program Inflation-Protected Securities Fund since 2003.

Investment Manager Biographies

Kenneth E. Volpert, CFA, Principal, Head of Taxable Bond Group

  • Portfolio manager.
  • Advised the fund since 2003.
  • Worked in investment management since 1981.
  • B.S., University of Illinois.
  • M.B.A., University of Chicago.

John Hollyer, CFA, Principal

  • Portfolio manager.
  • Advised the fund since 2003.
  • Worked in investment management since 1987.
  • B.S., University of Pennsylvania.

Glossary