Vanguard Lifetime Income Program - Health Care Fund [QF]
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 07/31/2017
 1 Year3 Year5 Year10 YearSince Inception
10/10/2003
VLIP-Health Care Fund6.19%10.41%18.15% 11.26%11.40%
Spliced Health Care Index*4.94%7.22%14.28% 9.28%8.46%

Recent Investment Returns
 Year-to-Date
as of 08/16/2017
Year-to-Date
as of 07/31/2017
Previous
Month—July
Three-Month Total
as of 07/31/2017
VLIP-Health Care Fund14.82%18.20%0.59% 5.76%
Spliced Health Care Index*15.90%0.07% 5.01%

See cumulative, yearly, and quarterly historical returns

*S&P 500 Index through December 31, 2001; S&P Health Care Index through May 31, 2010; MSCI All Country World Health Care Index thereafter.