Vanguard Lifetime Income Program - Money Market Portfolio
Fund Overview
Expense ratio as of 05/01/20120.59%
Inception date10/10/2003
Portfolio number1256
3.5% Assumed Investment Return
AnnUV as of 08/30/2016$7.261031
Change–$0.000697 –0.01%
5% Assumed Investment Return
AnnUV as of 08/30/2016$6.026653


Money Market Portfolio seeks to provide current income while maintaining liquidity and a stable share price of $1.

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

Effective September 1, 2010, Vanguard Lifetime Income Program annuities are no longer available for purchase from Vanguard. Also as of that date, current contract holders should contact American General Life Insurance Company of Delaware (or, in New York State only, The United States Life Insurance Company in the City of New York) at 877-299-1724 for all matters related to an existing contract.

Fund Style
TypeMoney Market
CategoryTaxable Money Market


Average Annual Returns—Updated Quarterly as of 06/30/2016

The performance data shown represent past performance, which is not a guarantee of future results. Investment returns will fluctuate. 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 Vanguard Lifetime Income Program performance information

Display data in bar chart

 1 Year3 Year5 Year10 YearSince Inception
VLIP-Money Market–0.23%–0.36% –0.37%0.70%0.99%
Money Market Funds Average*0.02%0.01%0.00% 0.89%1.09%
*Derived from data provided by Lipper, a Thomson Reuters Company.

A money market portfolio investment is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. It is possible to lose money by investing in the portfolio.