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Vanguard Lifetime Income Program - Mid-Cap Index 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 05/31/2015
 1 Year3 Year5 Year10 YearSince Inception
10/10/2003
VLIP-Mid-Cap Index13.25%20.63%16.40% 9.23%10.34%
Spliced Mid Cap Index*14.03%21.47%17.24% 9.92%11.04%

Recent Investment Returns
 Year-to-Date
as of 06/29/2015
Year-to-Date
as of 05/31/2015
Previous
Month—May
Three-Month Total
as of 05/31/2015
VLIP-Mid-Cap Index2.34%4.70%1.01%0.85%
Spliced Mid Cap Index*4.99%1.06% 1.00%

See cumulative, yearly, and quarterly historical returns

*S&P MidCap 400 Index through May 16, 2003; MSCI US Mid Cap 450 Index through January 30, 2013; CRSP US Mid Cap Index thereafter.