Vanguard Variable Annuity - Short-Term Investment-Grade Portfolio
Performance

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. Current performance may be lower or higher than the performance data cited. Expense ratio information can be found on the Overview page.

Average Annual Returns—Updated Monthly as of 11/30/2016 (fee-adjusted)
 1 Year3 Year5 Year10 YearSince Inception
02/08/1999
VVA-Short-Term Invest-Gr2.13%1.50%2.00% 3.07%3.65%
BloomBarc US 1-5 Year Credit Index*2.08%1.70% 2.54%3.83%4.57%

Recent Investment Returns
 Year-to-Date
as of 12/09/2016
Year-to-Date
as of 11/30/2016
Previous
Month—November
Three-Month Total
as of 11/30/2016
VVA-Short-Term Invest-Gr2.44%2.44%–0.86% –0.82%
BloomBarc US 1-5 Year Credit Index*2.44% –0.95%–0.92%

See cumulative, yearly, and quarterly historical returns

*Includes investment-grade (rated Baa3 or above by Moody’s) corporate and international dollar-denominated bonds with maturities of 1 to 5 years.