Vanguard Variable Annuity - Balanced Portfolio
AUV as of 07/19/2019$114.032550
Change–$0.444364 –0.39%
SEC Yield2.33% B,N
Expense ratio as of 05/01/20190.48%
Inception date05/23/1991
Portfolio number0069


Vanguard Variable Annuity Balanced Portfolio seeks to provide long-term capital appreciation and reasonable current income.

Learn more about this portfolio's investment strategy and policy.

CategoryModerate Allocation


Knowing a fund's investment style can help you understand how it might fit in your portfolio. This information can also help you build a portfolio that's broadly diversified across markets and less susceptible to sharp swings in any one market area.

Since balanced funds generally include both stock and bond funds, we provide a pair of  9-box grids called "style boxes" to display the targeted allocation for each fund.

Stock style
Vanguard uses a 9-box grid called a "style box" to show how a domestic stock fund's holdings are distributed by primary investment style (growth, value, or blend) and market capitalization category (large-, mid-, and small-cap companies).

Value Blend Growth    
Market Cap.

Bond style
Vanguard uses a 9-box grid called a "style box" to illustrate how our bond fund holdings are distributed by credit quality and average maturity. Credit quality is a measure of a bond issuer's ability to pay interest and repay principal in a timely manner. Quality ranges from Treasury bonds or agency bonds (generally the highest quality issues), investment-grade corporate (medium to high quality), and below investment grade. Average maturity is the length of time until the bonds in the fund are due to be repaid. Maturities are classified as short-, intermediate-, or long-term.

Avg. Weighted
Short Med Long    

Average Annual Returns—Updated Quarterly as of 06/30/2019 (fee-adjusted)

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. See performance data current to the most recent month-end. Expense ratio information can be found on the Overview page.

Important annuity performance information

Display data in bar chart

 1 Year3 Year5 Year10 YearSince Inception
VVA-Balanced9.98%9.43%7.15%10.38% 9.00%
Composite Stock/Bond Index (VVIF)*10.48%10.33% 8.38%11.48%8.76%
*Made up of two unmanaged benchmarks, weighted 65% S&P 500 Index and 35% Bloomberg Barclays U.S. Credit A or Better Bond Index.