Vanguard Lifetime Income Program - Equity Index Portfolio
Average Annual Returns—Updated Monthly as of 11/30/2017
 VLIP-Equity Index Inception Date: 10/10/2003
 S&P 500 Index (Benchmark)

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.

Recent Investment Returns
as of 12/15/2017
as of 11/30/2017
Three-Month Total
as of 11/30/2017
VLIP-Equity Index21.11%19.75%2.99%7.47%
S&P 500 Index*20.49%3.07%7.65%

See cumulative, yearly, and quarterly historical returns

*A widely used barometer of U.S. stock market performance; as a market-weighted index of leading companies in leading industries, it is dominated by large-capitalization companies.