Vanguard Lifetime Income Program - Mid-Cap Index Portfolio
Average Annual Returns—Updated Monthly as of 04/30/2016
 VLIP-Mid-Cap Index Inception Date: 10/10/2003
 Spliced Mid Cap 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 05/26/2016
as of 04/30/2016
Three-Month Total
as of 04/30/2016
VLIP-Mid-Cap Index2.64%1.52%0.48%9.70%
Spliced Mid Cap Index*1.71%0.54% 9.90%

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.