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Vanguard Lifetime Income Program - Diversified Value Portfolio
Average Annual Returns—Updated Monthly as of 10/31/2015
 VLIP-Diversified Value Inception Date: 10/10/2003
 Russell 1000 Value 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 11/27/2015
as of 10/31/2015
Three-Month Total
as of 10/31/2015
VLIP-Diversified Value–0.33%–0.23% 7.55%–1.80%
Russell 1000 Value Index*–2.09% 7.55%–1.91%

See cumulative, yearly, and quarterly historical returns

*Measures the performance of those Russell 1000 companies with lower price/book ratios and lower predicted and historical growth rates.