UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT
OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-04681
Name of Registrant: Vanguard Bond Index Funds
Address of Registrant:
P.O. Box 2600
Valley Forge, PA 19482
Name and address of agent for service:
Anne E. Robinson, Esquire
P.O. Box 876
Valley Forge, PA 19482
Registrant’s telephone number, including area code: (610) 669-1000
Date of fiscal year end: December 31
Date of reporting period: January 1, 2017 – December 31, 2017
Item 1: Reports to Shareholders
Annual Report | December 31, 2017 |
Vanguard Bond Index Funds |
Vanguard Short-Term Bond Index Fund |
Vanguard Intermediate-Term Bond Index Fund |
Vanguard Long-Term Bond Index Fund |
Vanguard’s Principles for Investing Success
We want to give you the best chance of investment success. These
principles, grounded in Vanguard’s research and experience, can put you on
the right path.
Goals. Create clear, appropriate investment goals.
Balance. Develop a suitable asset allocation using broadly diversified funds.
Cost. Minimize cost.
Discipline. Maintain perspective and long-term discipline.
A single theme unites these principles: Focus on the things you can control.
We believe there is no wiser course for any investor.
Contents | |
Your Fund’s Performance at a Glance. | 1 |
Chairman’s Perspective. | 4 |
Results of Proxy Voting. | 8 |
Short-Term Bond Index Fund. | 10 |
Intermediate-Term Bond Index Fund. | 31 |
Long-Term Bond Index Fund. | 52 |
About Your Fund’s Expenses. | 74 |
Glossary. | 77 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
See the Glossary for definitions of investment terms used in this report.
About the cover: Nautical images have been part of Vanguard’s rich heritage since its start in 1975. For an incoming ship, a lighthouse offers a beacon and safe path to shore. You can similarly depend on Vanguard to put you first––and light the way––as you strive to meet your financial goals. Our client focus and low costs, stemming from our unique ownership structure, assure that your interests are paramount.
Your Fund’s Performance at a Glance
• For the 12 months ended December 31, 2017, the returns of the three funds covered in this report ranged from 1.10% for Investor Shares of Vanguard Short-Term Bond Index Fund to 10.89% for ETF Shares of Vanguard Long-Term Bond Index Fund. The funds’ results were in line with their benchmarks and mixed versus their peer groups.
• The yield curve flattened over the period. Solid economic data and a strong labor market prompted the Federal Reserve to raise short-term interest rates three times in 2017. That pushed up short-term rates, while longer-term rates eased lower on dimmer longer-range prospects for faster economic growth and higher inflation.
• U.S. Treasuries returned about 2.3% and mortgage-backed securities slightly more than that. Corporate bonds returned about 6.4%, with their average yield over Treasuries narrowing a little amid the uptick in growth.
• Lower-quality investment-grade bonds outpaced higher-quality bonds. By maturity, long-term bonds significantly outpaced intermediate- and short-term ones.
Total Returns: Fiscal Year Ended December 31, 2017 | ||||
30-Day SEC | Income | Capital | Total | |
Yield | Returns | Returns | Returns | |
Vanguard Short-Term Bond Index Fund | ||||
Investor Shares | 2.00% | 1.58% | -0.48% | 1.10% |
ETF Shares | 2.08 | |||
Market Price | 1.16 | |||
Net Asset Value | 1.20 | |||
Admiral™ Shares | 2.08 | 1.66 | -0.48 | 1.18 |
Institutional Shares | 2.10 | 1.68 | -0.48 | 1.20 |
Institutional Plus Shares | 2.11 | 1.69 | -0.48 | 1.21 |
Bloomberg Barclays U.S. 1–5 Year Government/Credit | ||||
Float Adjusted Index | 1.27 | |||
1–5 Year Investment-Grade Debt Funds Average | 1.76 | |||
1–5 Year Investment-Grade Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company. |
1
30-Day SEC | Income | Capital | Total | |
Yield | Returns | Returns | Returns | |
Vanguard Intermediate-Term Bond Index Fund | ||||
Investor Shares | 2.64% | 2.59% | 1.17% | 3.76% |
ETF Shares | 2.72 | |||
Market Price | 3.53 | |||
Net Asset Value | 3.80 | |||
Admiral Shares | 2.72 | 2.68 | 1.17 | 3.85 |
Institutional Shares | 2.74 | 2.70 | 1.17 | 3.87 |
Institutional Plus Shares | 2.75 | 2.71 | 1.17 | 3.88 |
Bloomberg Barclays U.S. 5–10 Year Government/Credit | ||||
Float Adjusted Index | 3.81 | |||
Core Bond Funds Average | 3.56 | |||
Core Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company. | ||||
Vanguard Long-Term Bond Index Fund | ||||
Investor Shares | 3.41% | 4.02% | 6.74% | 10.76% |
ETF Shares | 3.49 | |||
Market Price | 10.78 | |||
Net Asset Value | 10.89 | |||
Institutional Shares | 3.51 | 4.13 | 6.74 | 10.87 |
Institutional Plus Shares | 3.52 | 4.14 | 6.74 | 10.88 |
Bloomberg Barclays U.S. Long Government/Credit Float | ||||
Adjusted Index | 10.72 | |||
Corporate A-Rated Debt Funds Average | 5.26 |
Corporate A-Rated Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Admiral Shares carry lower expenses and are available to investors who meet certain account-balance requirements. Institutional Shares and Institutional Plus Shares are available to certain institutional investors who meet specific administrative, service, and account-size criteria. The Vanguard ETF® Shares shown are traded on the NYSE Arca exchange and are available only through brokers. The table provides ETF returns based on both the NYSE Arca market price and the net asset value for a share. U.S. Pat. Nos. 6,879,964; 7,337,138; 7,720,749; 7,925,573; 8,090,646; and 8,417,623.
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares' market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares' market price was above or below the NAV.
Total Returns: Ten Years Ended December 31, 2017 | |
Average | |
Annual Return | |
Short-Term Bond Index Fund Investor Shares | 2.30% |
Spliced Bloomberg Barclays U.S. 1–5 Year Government/Credit Float Adjusted Index | 2.46 |
1–5 Year Investment-Grade Debt Funds Average | 2.01 |
For a benchmark description, see the Glossary.
1–5 Year Investment-Grade Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
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Average | |
Annual Return | |
Intermediate-Term Bond Index Fund Investor Shares | 4.89% |
Spliced Bloomberg Barclays U.S. 5–10 Year Government/Credit Float Adjusted Index | 5.00 |
Spliced Intermediate Investment-Grade Debt Funds Average | 3.72 |
For a benchmark description, see the Glossary. | |
Spliced Intermediate Investment-Grade Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company. | |
Long-Term Bond Index Fund Investor Shares | 7.17% |
Spliced Bloomberg Barclays U.S. Long Government/Credit Float Adjusted Index | 7.26 |
Corporate A-Rated Debt Funds Average | 4.33 |
For a benchmark description, see the Glossary.
Corporate A-Rated Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
The figures shown represent past performance, which is not a guarantee of future results. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost.
Expense Ratios | ||||||
Your Fund Compared With Its Peer Group | ||||||
Investor | ETF | Admiral | Institutional | Institutional | Peer Group | |
Shares | Shares | Shares | Shares | Plus Shares | Average | |
Short-Term Bond Index Fund | 0.15% | 0.07% | 0.07% | 0.05% | 0.04% | 0.73% |
Intermediate-Term Bond Index | ||||||
Fund | 0.15 | 0.07 | 0.07 | 0.05 | 0.04 | 0.78 |
Long-Term Bond Index Fund | 0.15 | 0.07 | — | 0.05 | 0.04 | 0.84 |
The fund expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the funds’ expense ratios were: for the Short-Term Bond Index Fund, 0.15% for Investor Shares, 0.07% for ETF Shares, 0.07% for Admiral Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares; for the Intermediate-Term Bond Index Fund, 0.15% for Investor Shares, 0.07% for ETF Shares, 0.07% for Admiral Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares; and for the Long-Term Bond Index Fund, 0.15% for Investor Shares, 0.07% for ETF Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares. Peer-group expense ratios are derived from data provided by Lipper, a Thomson Reuters Company, and capture information through year-end 2016.
Peer groups: For the Short-Term Bond Index Fund, 1–5 Year Investment-Grade Debt Funds; for the Intermediate-Term Bond Index Fund, Core Bond Funds; for the Long-Term Bond Index Fund, Corporate A-Rated Debt Funds.
3
Chairman’s Perspective
Bill McNabb
Chairman
Dear Shareholder,
Lately I’ve been asked a lot about my legacy. And candidly, that phrase bugs me—it isn’t my legacy. Vanguard’s success is a result of thousands of my colleagues committing to a clear mission: helping investors achieve their financial goals.
The reason the topic has come up is that on December 31, 2017, I officially stepped down as Vanguard’s CEO after almost a decade in that role. I’ll remain chairman for a period to be determined by the board of directors. Tim Buckley, who was previously Vanguard’s president and chief investment officer, was elected CEO. I can’t think of a better successor.
I’ve spent 32 years at Vanguard—almost my entire professional life—and during that time I’ve had the good fortune of working with smart, principled colleagues from across the world. I’ve learned from each of them.
In particular, I would like to thank Jack Bogle, our founder, who took a chance on me when I was a young business school graduate, and Jack Brennan, my predecessor as CEO, who constantly challenged me with new roles and responsibilities.
4
When you’re just starting out, there is nothing quite like getting votes of confidence from people you respect.
The short list
A milestone like this naturally brings about some reflection. With that in mind, here’s a tally—by no means exhaustive—of the accomplishments that we at Vanguard are proud of:
Low costs. Over the last decade, we cut our average asset-weighted expense ratio by about 50%.1 This isn’t a result of some contrived price war. Since its founding, Vanguard has emphasized the benefits of low-cost investing. As Jack Bogle once said: “The honest steward who charges least, wins most. But not for himself; for those investors who entrust their assets to his care. It is not all that complicated.”
Global diversification. Through our thought leadership and investment options, such as our target-date funds, Vanguard has encouraged clients to obtain exposure to international markets.
Global diversification isn’t just about helping to control risk—it can also be a way of expanding your set of opportunities and harnessing the potential of all markets.
Market Barometer | |||
Average Annual Total Returns | |||
Periods Ended December 31, 2017 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 21.69% | 11.23% | 15.71% |
Russell 2000 Index (Small-caps) | 14.65 | 9.96 | 14.12 |
Russell 3000 Index (Broad U.S. market) | 21.13 | 11.12 | 15.58 |
FTSE All-World ex US Index (International) | 27.11 | 8.27 | 7.19 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index | |||
(Broad taxable market) | 3.54% | 2.24% | 2.10% |
Bloomberg Barclays Municipal Bond Index | |||
(Broad tax-exempt market) | 5.45 | 2.98 | 3.02 |
Citigroup Three-Month U.S. Treasury Bill Index | 0.84 | 0.37 | 0.23 |
CPI | |||
Consumer Price Index | 2.11% | 1.64% | 1.43% |
1 Source: Vanguard calculation, based on data from Morningstar, Inc., as of December 31, 2016.
5
I’ve been glad to see more and more clients embracing global diversification. I believe this trend will continue as Vanguard’s way of investing takes hold in international markets.
Affordable advice. In the wake of the 2008–2009 Global Financial Crisis, we began working on a new advice model. In 2015, we launched Vanguard Personal Advisor Services®, a hybrid advice offering that delivers value through a combination of a professional advisor and powerful digital technology at a competitive price.
Across the industry, we’ve seen the cost of providing advice coming down. Traditional advisors are embracing low-cost investments, and that, in turn, helps them reduce costs for their own clients. This is a trend that all of us at Vanguard would like to see continue.
Great people. I’ve interacted with hundreds of companies of all sizes and in all industries, and the one quality that sets Vanguard apart from most of them is our emphasis on people. It’s a testament to our culture that colleagues spend 15, 20, or, as in my case, more than 30 years of their professional lives here. Investors benefit because we have consistent, experienced fund management teams and a deep bench of talent that ensures that things go smoothly when it’s time for a transition.
We’ve done a great job attracting new talent, too. We made some notable additions to senior management in the last two years, and we’re continuously grooming our next generation of leaders.
Ready for what comes next
When I was contemplating coming to work at Vanguard, I sat down with my rowing coach at his home in Philadelphia. Over cheesesteaks, he told me that the most important thing was to work for a company that had the same values I held deeply. He was like a second father to me, so I trusted his judgment at a time when I wasn’t so sure about my own. Back then, I never could have anticipated the success Vanguard would have in the coming decades.
I’m no better at predicting the future now. Vanguard has enjoyed significant growth in the last few years, and that presents its own unique set of challenges and opportunities, such as the role we’re playing in advocating for better corporate governance among companies our funds invest in. And the asset management industry is confronting significant changes brought on by technology, shifting demographics, and new regulations.
Although the future is uncertain, I’m confident that Vanguard is well-prepared to tackle whatever comes its way. And one thing I’m sure of: There are big parts of the world that would be well-served by our way of investing.
6
It’s humbling to think about the impact the work we do at Vanguard has on clients who are trying to raise a family, buy a first home, save for college, or prepare for retirement. I’ve always tried to make decisions with investors’ best interests in mind. It has been a privilege working with people who hold to that same ideal.
Thank you for entrusting us with your assets.
Sincerely,
F. William McNabb III
Chairman
January 1, 2018
Results of Proxy Voting
At a special meeting of shareholders on November 15, 2017, fund shareholders approved the following proposals:
Proposal 1—Elect trustees for the fund.*
The individuals listed in the table below were elected as trustees for the fund. All trustees with the exception of Ms. Mulligan, Ms. Raskin, and Mr. Buckley (each of whom already serves as a director of The Vanguard Group, Inc.) served as trustees to the funds prior to the shareholder meeting.
Percentage | |||
Trustee | For | Withheld | For |
Mortimer J. Buckley | 26,722,274,549 | 429,483,723 | 98.4% |
Emerson U. Fullwood | 26,714,366,172 | 437,392,100 | 98.4% |
Amy Gutmann | 26,712,915,408 | 438,842,863 | 98.4% |
JoAnn Heffernan Heisen | 26,721,561,272 | 430,196,999 | 98.4% |
F. Joseph Loughrey | 26,717,701,002 | 434,057,269 | 98.4% |
Mark Loughridge | 26,720,437,223 | 431,321,049 | 98.4% |
Scott C. Malpass | 26,702,773,184 | 448,985,088 | 98.3% |
F. William McNabb III | 26,712,434,734 | 439,323,538 | 98.4% |
Deanna Mulligan | 26,719,931,246 | 431,827,026 | 98.4% |
André F. Perold | 26,676,518,168 | 475,240,103 | 98.3% |
Sarah Bloom Raskin | 26,713,372,343 | 438,385,928 | 98.4% |
Peter F. Volanakis | 26,706,957,628 | 444,800,644 | 98.4% |
* Results are for all funds within the same trust. |
Proposal 2—Approve a manager-of-managers arrangement with third-party investment advisors.
This arrangement enables the fund to enter into and materially amend investment advisory arrangements with third-party investment advisors, subject to the approval of the fund’s board of trustees and certain conditions imposed by the Securities and Exchange Commission, while avoiding the costs and delays associated with obtaining future shareholder approval.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Intermediate-Term | |||||
Bond Index Fund | 1,006,546,878 | 40,310,784 | 39,747,226 | 150,030,467 | 81.4% |
Long-Term Bond | |||||
Index Fund | 317,787,816 | 27,896,564 | 10,367,707 | 34,955,291 | 81.3% |
Short-Term Bond | |||||
Index Fund | 1,581,902,470 | 55,436,958 | 48,926,452 | 270,900,907 | 80.8% |
8
Proposal 3—Approve a manager-of-managers arrangement with wholly owned subsidiaries of Vanguard.
This arrangement enables Vanguard or the fund to enter into and materially amend investment advisory arrangements with wholly owned subsidiaries of Vanguard, subject to the approval of the fund’s board of trustees and any conditions imposed by the Securities and Exchange Commission (SEC), while avoiding the costs and delays associated with obtaining future shareholder approval. The ability of the fund to operate in this manner is contingent upon the SEC’s approval of a pending application for an order of exemption.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Intermediate-Term | |||||
Bond Index Fund | 1,019,718,002 | 38,281,589 | 28,605,296 | 150,030,467 | 82.5% |
Long-Term Bond | |||||
Index Fund | 320,874,518 | 27,275,451 | 7,902,118 | 34,955,291 | 82.1% |
Short-Term Bond | |||||
Index Fund | 1,589,595,759 | 52,256,377 | 44,413,745 | 270,900,907 | 81.2% |
Shareholders of the Intermediate-Term Bond Index Fund and the Short-Term Bond Index Fund did not approve the following proposal:
Proposal 7—Institute transparent procedures to avoid holding investments in companies that, in management’s judgment, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. Such procedures may include time-limited engagement with problem companies if management believes that their behavior can be changed.
The trustees recommended a vote against the proposal for the following reasons: (1) Vanguard is fully compliant with all applicable U.S. laws and regulations that prohibit the investment in any company owned or controlled by the government of Sudan; (2) the addition of further investment constraints is not in fund shareholders’ best interests if those constraints are unrelated to a fund’s stated investment objective, policies, and strategies; and (3) divestment is an ineffective means to implement social change, as it often puts the shares into the hands of another owner with no direct impact to the company’s capitalization.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Intermediate-Term | |||||
Bond Index Fund | 272,457,485 | 55,597,674 | 758,549,729 | 150,030,467 | 22.0% |
Short-Term Bond | |||||
Index Fund | 226,436,682 | 71,285,153 | 1,388,544,045 | 270,900,907 | 11.6% |
9
Short-Term Bond Index Fund
Fund Profile
As of December 31, 2017
Share-Class Characteristics | |||||
Investor | Admiral | Institutional | Institutional | ||
Shares | ETF Shares | Shares | Shares | Plus Shares | |
Ticker Symbol | VBISX | BSV | VBIRX | VBITX | VBIPX |
Expense Ratio1 | 0.15% | 0.07% | 0.07% | 0.05% | 0.04% |
30-Day SEC Yield | 2.00% | 2.08% | 2.08% | 2.10% | 2.11% |
Financial Attributes | |||
Bloomberg | |||
Barclays | |||
1–5 Year | Bloomberg | ||
Gov/ | Barclays | ||
Credit | Aggregate | ||
Float Adj | Float Adj | ||
Fund | Index | Index | |
Number of Bonds | 2,503 | 2,829 | 9,706 |
Yield to Maturity | |||
(before expenses) | 2.2% | 2.2% | 2.7% |
Average Coupon | 2.0% | 2.2% | 3.0% |
Average Duration | 2.7 years | 2.7 years | 6.1 years |
Average Effective | |||
Maturity | 2.8 years | 2.8 years | 8.3 years |
Short-Term | |||
Reserves | 2.0% | — | — |
Sector Diversification (% of portfolio) | |
Finance | 11.3% |
Foreign | 7.9 |
Industrial | 15.2 |
Treasury/Agency | 64.2 |
Utilities | 1.2 |
Other | 0.2 |
The agency and mortgage-backed securities sectors may include issues from government-sponsored enterprises; such issues are generally not backed by the full faith and credit of the U.S. government.
Volatility Measures | ||
Bloomberg | ||
Barclays | ||
1–5 Year | ||
Gov/ | Bloomberg | |
Credit | Barclays | |
Float Adj | Aggregate Float | |
Index | Adj Index | |
R-Squared | 0.99 | 0.85 |
Beta | 1.04 | 0.43 |
These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.
Distribution by Credit Quality (% of portfolio) | |
U.S. Government | 64.2% |
Aaa | 5.9 |
Aa | 4.6 |
A | 13.2 |
Baa | 12.1 |
Credit-quality ratings are obtained from Barclays and are from Moody's, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. For more information about these ratings, see the Glossary entry for Credit Quality.
Distribution by Effective Maturity | |
(% of portfolio) | |
Under 1 Year | 0.6% |
1 - 3 Years | 57.3 |
3 - 5 Years | 41.7 |
5 - 10 Years | 0.4 |
1 The expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the expense ratios were 0.15% for Investor Shares, 0.07% for ETF Shares, 0.07% for Admiral Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares.
10
Short-Term Bond Index Fund
Investment Focus
11
Short-Term Bond Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: December 31, 2007, Through December 31, 2017
Initial Investment of $10,000
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Short-Term Bond Index Fund Investor | ||||
Shares | 1.10% | 0.92% | 2.30% | $12,551 |
Spliced Bloomberg Barclays U.S. 1–5 | ||||
Year Government/Credit Float Adjusted | ||||
Index | 1.27 | 1.10 | 2.46 | 12,751 |
1–5 Year Investment-Grade Debt | ||||
Funds Average | 1.76 | 1.09 | 2.01 | 12,200 |
Spliced Bloomberg Barclays U.S. | ||||
Aggregate Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
For a benchmark description, see the Glossary.
1–5 Year Investment-Grade Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Short-Term Bond Index Fund | ||||
ETF Shares Net Asset Value | 1.20% | 1.01% | 2.39% | $12,663 |
Spliced Bloomberg Barclays U.S. 1–5 Year | ||||
Government/Credit Float Adjusted Index | 1.27 | 1.10 | 2.46 | 12,751 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
See Financial Highlights for dividend and capital gains information.
12
Short-Term Bond Index Fund
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Short-Term Bond Index Fund Admiral Shares | 1.18% | 1.00% | 2.39% | $12,668 |
Spliced Bloomberg Barclays U.S. 1–5 Year | ||||
Government/Credit Float Adjusted Index | 1.27 | 1.10 | 2.46 | 12,751 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
Since | Final Value | |||
One | Five | Inception | of a $5,000,000 | |
Year | Years | (9/27/2011) | Investment | |
Short-Term Bond Index Fund Institutional | ||||
Shares | 1.20% | 1.03% | 1.23% | $5,396,799 |
Bloomberg Barclays U.S. 1–5 Year | ||||
Government/Credit Float Adjusted Index | 1.27 | 1.10 | 1.30 | 5,422,172 |
Bloomberg Barclays U.S. Aggregate Float | ||||
Adjusted Index | 3.63 | 2.10 | 2.62 | 5,877,886 |
"Since Inception" performance is calculated from the Institutional Shares’ inception date for both the fund and its comparative standards. |
Since | Final Value | |||
One | Five | Inception | of a $100,000,000 | |
Year | Years | (9/29/2011) | Investment | |
Short-Term Bond Index Fund Institutional Plus | ||||
Shares | 1.21% | 1.04% | 1.25% | $108,048,710 |
Bloomberg Barclays U.S. 1–5 Year | ||||
Government/Credit Float Adjusted Index | 1.27 | 1.10 | 1.30 | 110,350,233 |
Bloomberg Barclays U.S. Aggregate Float | ||||
Adjusted Index | 3.63 | 2.10 | 2.58 | 117,242,023 |
"Since Inception" performance is calculated from the Institutional Plus Shares’ inception date for both the fund and its comparative standards.
13
Short-Term Bond Index Fund
Cumulative Returns of ETF Shares: December 31, 2007, Through December 31, 2017 | |||
One | Five | Ten | |
Year | Years | Years | |
Short-Term Bond Index Fund ETF Shares Market | |||
Price | 1.16% | 5.07% | 26.41% |
Short-Term Bond Index Fund ETF Shares Net Asset | |||
Value | 1.20 | 5.13 | 26.63 |
Spliced Bloomberg Barclays U.S. 1–5 Year | |||
Government/Credit Float Adjusted Index | 1.27 | 5.64 | 27.51 |
Fiscal-Year Total Returns (%): December 31, 2007, Through December 31, 2017 | ||||
Spliced | ||||
Bloomberg | ||||
Barclays | ||||
1–5 Year | ||||
Gov/Credit | ||||
Investor Shares | FA Index | |||
Fiscal Year | Income Returns | Capital Returns | Total Returns | Total Returns |
2008 | 3.95% | 1.48% | 5.43% | 5.12% |
2009 | 2.91 | 1.37 | 4.28 | 4.62 |
2010 | 2.22 | 1.70 | 3.92 | 4.08 |
2011 | 1.85 | 1.11 | 2.96 | 3.13 |
2012 | 1.46 | 0.49 | 1.95 | 2.24 |
2013 | 1.10 | -1.03 | 0.07 | 0.29 |
2014 | 1.11 | 0.05 | 1.16 | 1.43 |
2015 | 1.23 | -0.38 | 0.85 | 0.97 |
2016 | 1.39 | 0.02 | 1.41 | 1.57 |
2017 | 1.58 | -0.48 | 1.10 | 1.27 |
For a benchmark description, see the Glossary. |
14
Short-Term Bond Index Fund
Financial Statements
Statement of Net Assets—Investments Summary
As of December 31, 2017
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the complete listing of the fund’s holdings is available electronically on vanguard.com and on the Securities and Exchange Commission’s website (sec.gov), or you can have it mailed to you without charge by calling 800-662-7447. For the first and third fiscal quarters, the fund files the lists with the SEC on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
U.S. Government and Agency Obligations | |||||
U.S. Government Securities | |||||
United States Treasury | |||||
Note/Bond | 1.375% | 8/31/20 | 1,060,845 | 1,045,431 | 2.0% |
United States Treasury | |||||
Note/Bond | 1.250% | 10/31/21 | 923,976 | 895,102 | 1.7% |
United States Treasury | |||||
Note/Bond | 1.500% | 11/30/19 | 885,129 | 878,765 | 1.7% |
United States Treasury | |||||
Note/Bond | 2.125% | 12/31/22 | 756,286 | 753,094 | 1.5% |
United States Treasury | |||||
Note/Bond | 1.375% | 3/31/20 | 725,013 | 716,632 | 1.4% |
United States Treasury | |||||
Note/Bond | 1.125% | 9/30/21 | 700,263 | 675,642 | 1.3% |
United States Treasury | |||||
Note/Bond | 1.875% | 1/31/22 | 671,005 | 663,980 | 1.3% |
United States Treasury | |||||
Note/Bond | 1.625% | 11/30/20 | 662,760 | 656,026 | 1.3% |
United States Treasury | |||||
Note/Bond | 1.625% | 3/31/19 | 647,230 | 645,411 | 1.2% |
United States Treasury | |||||
Note/Bond | 1.250% | 3/31/21 | 657,351 | 641,121 | 1.2% |
United States Treasury | |||||
Note/Bond | 1.125% | 8/31/21 | 653,088 | 630,843 | 1.2% |
United States Treasury | |||||
Note/Bond | 1.375% | 5/31/21 | 613,845 | 599,935 | 1.2% |
United States Treasury | |||||
Note/Bond | 1.625% | 8/31/22 | 614,771 | 599,402 | 1.2% |
United States Treasury | |||||
Note/Bond | 2.000% | 11/30/22 | 603,160 | 597,786 | 1.2% |
15
Short-Term Bond Index Fund | |||||
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
United States Treasury | |||||
Note/Bond | 1.625% | 7/31/20 | 575,534 | 571,039 | 1.1% |
United States Treasury | |||||
Note/Bond | 1.375% | 2/29/20 | 540,182 | 534,105 | 1.0% |
United States Treasury | |||||
Note/Bond | 1.375% | 10/31/20 | 541,106 | 532,313 | 1.0% |
United States Treasury | |||||
Note/Bond | 1.125% | 6/30/21 | 549,223 | 531,802 | 1.0% |
United States Treasury | |||||
Note/Bond | 1.625% | 8/31/19 | 511,191 | 509,115 | 1.0% |
United States Treasury | |||||
Note/Bond | 1.875% | 12/15/20 | 495,000 | 493,530 | 1.0% |
United States Treasury | |||||
Note/Bond | 1.750% | 5/31/22 | 493,287 | 484,654 | 0.9% |
United States Treasury | |||||
Note/Bond | 1.500% | 10/31/19 | 487,273 | 483,999 | 0.9% |
United States Treasury | |||||
Note/Bond | 1.125% | 2/28/21 | 454,402 | 441,765 | 0.9% |
United States Treasury | |||||
Note/Bond | 1.500% | 5/31/20 | 445,312 | 440,859 | 0.9% |
United States Treasury | |||||
Note/Bond | 1.875% | 3/31/22 | 444,170 | 439,102 | 0.8% |
United States Treasury | |||||
Note/Bond | 1.375% | 9/30/20 | 442,932 | 436,151 | 0.8% |
United States Treasury | |||||
Note/Bond | 0.750% | 2/15/19 | 434,379 | 429,084 | 0.8% |
United States Treasury | |||||
Note/Bond | 1.750% | 9/30/19 | 406,596 | 405,706 | 0.8% |
United States Treasury | |||||
Note/Bond | 1.250% | 1/31/20 | 409,467 | 404,156 | 0.8% |
United States Treasury | |||||
Note/Bond | 1.750% | 4/30/22 | 392,640 | 385,832 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.500% | 2/28/19 | 383,550 | 381,993 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.625% | 6/30/19 | 383,139 | 381,821 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.500% | 5/31/19 | 382,425 | 380,513 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.625% | 4/30/19 | 347,774 | 346,741 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.000% | 10/15/19 | 348,275 | 342,995 | 0.7% |
United States Treasury | |||||
Note/Bond | 0.875% | 5/15/19 | 345,105 | 340,629 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.125% | 1/15/19 | 342,680 | 340,216 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.500% | 5/15/20 | 340,461 | 337,162 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.375% | 1/31/21 | 321,339 | 315,214 | 0.6% |
United States Treasury | |||||
Note/Bond | 1.375% | 4/30/20 | 314,470 | 310,589 | 0.6% |
United States Treasury | |||||
Note/Bond | 1.625% | 7/31/19 | 309,561 | 308,400 | 0.6% |
16
Short-Term Bond Index Fund | ||||||
Face | Market | Percentage | ||||
Maturity | Amount | Value • | of Net | |||
Coupon | Date | ($000) | ($000) | Assets | ||
United States Treasury | ||||||
Note/Bond | 1.750% | 11/30/21 | 312,639 | 308,243 | 0.6% | |
United States Treasury | ||||||
Note/Bond | 1.500% | 4/15/20 | 293,296 | 290,592 | 0.6% | |
United States Treasury | ||||||
Note/Bond | 0.875% | 4/15/19 | 292,320 | 288,713 | 0.6% | |
United States Treasury | ||||||
Note/Bond | 1.500% | 1/31/19 | 287,610 | 286,531 | 0.6% | |
United States Treasury | ||||||
Note/Bond | 1.625% | 6/30/20 | 277,165 | 275,131 | 0.5% | |
United States Treasury | ||||||
Note/Bond | 1.875% | 8/31/22 | 269,117 | 265,333 | 0.5% | |
United States Treasury | ||||||
Note/Bond | 2.000% | 12/31/21 | 264,378 | 263,014 | 0.5% | |
United States Treasury | ||||||
Note/Bond | 1.875% | 7/31/22 | 258,294 | 254,742 | 0.5% | |
United States Treasury | ||||||
Note/Bond | 0.875% | 9/15/19 | 258,280 | 253,962 | 0.5% | |
United States Treasury | ||||||
Note/Bond | 0.750%–8.875% | 12/31/18–1/31/23 | 7,375,057 | 7,293,579 | 14.1% | |
31,088,495 | 60.2% | |||||
Agency Bonds and Notes | ||||||
1 | Federal Home Loan | |||||
Banks | 0.875%–5.625% | 1/16/19–11/29/21 | 515,635 | 515,741 | 1.0% | |
2,3 | Federal National | |||||
Mortgage Assn. | 0.00%–2.000% | 12/14/18–10/5/22 | 766,817 | 756,572 | 1.5% | |
Agency Bonds and Notes—Other † | 618,185 | 1.2% | ||||
1,890,498 | 3.7% | |||||
Total U.S. Government and Agency Obligations (Cost $33,396,751) | 32,978,993 | 63.9% | ||||
Corporate Bonds | ||||||
Finance | ||||||
4 | Banking † | 4,710,524 | 9.2% | |||
Brokerage † | 108,029 | 0.2% | ||||
Finance Companies † | 203,683 | 0.4% | ||||
Insurance † | 461,209 | 0.9% | ||||
Other Finance † | 3,380 | 0.0% | ||||
Real Estate Investment Trusts † | 268,136 | 0.5% | ||||
5,754,961 | 11.2% | |||||
Industrial | ||||||
Basic Industry † | 365,999 | 0.7% | ||||
Capital Goods † | 723,011 | 1.4% | ||||
Communication † | 869,154 | 1.7% | ||||
4 | Consumer Cyclical † | 1,127,545 | 2.2% | |||
4 | Consumer Noncyclical † | 2,163,068 | 4.2% | |||
4 | Energy † | 1,053,361 | 2.0% | |||
Other Industrial † | 5,315 | 0.0% | ||||
4 | Technology † | 1,273,630 | 2.5% | |||
Transportation † | 177,144 | 0.3% | ||||
7,758,227 | 15.0% |
17
Short-Term Bond Index Fund
Face | Market | Percentage | ||
Maturity | Amount | Value • | of Net | |
Coupon Date | ($000) | ($000) | Assets | |
Utilities | ||||
4 Electric † | 566,907 | 1.1% | ||
Natural Gas † | 37,696 | 0.1% | ||
604,603 | 1.2% | |||
Total Corporate Bonds (Cost $14,152,932) | 14,117,791 | 27.4% | ||
Sovereign Bonds | ||||
European Investment | ||||
Bank | 1.125%–4.000% 3/15/19–12/15/22 | 566,095 | 562,006 | 1.1% |
5 FMS Wertmanagement | ||||
AoeR | 1.000%–2.000% 8/16/19–8/1/22 | 62,235 | 61,455 | 0.1% |
International Bank for | ||||
Reconstruction & | ||||
Development | 0.875%–2.250% 3/15/19–10/7/22 | 471,560 | 465,927 | 0.9% |
International Finance | ||||
Corp. | 1.125%–1.750% 9/16/19–7/20/21 | 66,185 | 65,577 | 0.1% |
5 KFW | 1.000%–4.875% 2/6/19–10/4/22 | 651,175 | 648,247 | 1.3% |
4 Sovereign Bonds—Other † | 2,220,025 | 4.3% | ||
Total Sovereign Bonds (Cost $4,057,468) | 4,023,237 | 7.8% | ||
Taxable Municipal Bonds (Cost $ 61,735) † | 61,595 | 0.1% | ||
Shares | ||||
Temporary Cash Investment | ||||
Money Market Fund | ||||
6 Vanguard Market Liquidity Fund | ||||
(Cost $1,025,823) | 1.458% | 10,257,266 | 1,025,829 | 2.0% |
Total Investments (Cost $52,694,709) | 52,207,445 | 101.2% | ||
Amount | ||||
($000) | ||||
Other Assets and Liabilities | ||||
Other Assets | ||||
Investment in Vanguard | 2,828 | |||
Receivables for Investment Securities Sold | 48,017 | |||
Receivables for Accrued Income | 276,034 | |||
Receivables for Capital Shares Issued | 327,829 | |||
Other Assets | 3,280 | |||
Total Other Assets | 657,988 | 1.3% | ||
Liabilities | ||||
Payables for Investment Securities Purchased | (1,206,576) | |||
Payables for Capital Shares Redeemed | (42,478) | |||
Payables for Distributions | (4,188) | |||
Payables to Vanguard | (17,645) | |||
Other Liabilities | (1,717) | |||
Total Liabilities | (1,272,604) | (2.5%) | ||
Net Assets | 51,592,829 | 100.0% |
18
Short-Term Bond Index Fund
At December 31, 2017, net assets consisted of: | |
Amount | |
($000) | |
Paid-in Capital | 52,099,776 |
Undistributed Net Investment Income | 136 |
Accumulated Net Realized Losses | (19,819) |
Unrealized Appreciation (Depreciation) | (487,264) |
Net Assets | 51,592,829 |
Investor Shares—Net Assets | |
Applicable to 148,818,940 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 1,544,680 |
Net Asset Value Per Share—Investor Shares | $10.38 |
ETF Shares—Net Assets | |
Applicable to 302,212,541 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 23,902,378 |
Net Asset Value Per Share—ETF Shares | $79.09 |
Admiral Shares—Net Assets | |
Applicable to 1,544,767,544 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 16,034,033 |
Net Asset Value Per Share—Admiral Shares | $10.38 |
Institutional Shares—Net Assets | |
Applicable to 484,938,644 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 5,033,405 |
Net Asset Value Per Share—Institutional Shares | $10.38 |
Institutional Plus Shares—Net Assets | |
Applicable to 489,257,840 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 5,078,333 |
Net Asset Value Per Share—Institutional Plus Shares | $10.38 |
• See Note A in Notes to Financial Statements.
† Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer,
represent 1% or less of net assets.
1 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S. Treasury nor backed
by the full faith and credit of the U.S. government.
2 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed
by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth,
in exchange for senior preferred stock.
3 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments
and prepayments or the possibility of the issue being called.
4 Certain of the fund’s securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be
sold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value
of these securities was $318,092,000, representing 0.6% of net assets.
5 Guaranteed by the Federal Republic of Germany.
6 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown
is the 7-day yield.
See accompanying Notes, which are an integral part of the Financial Statements.
19
Short-Term Bond Index Fund
Statement of Operations | |
Year Ended | |
December31,2017 | |
($000) | |
Investment Income | |
Income | |
Interest1 | 848,317 |
Total Income | 848,317 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 1,564 |
Management and Administrative—Investor Shares | 2,046 |
Management and Administrative—ETF Shares | 12,074 |
Management and Administrative—Admiral Shares | 8,094 |
Management and Administrative—Institutional Shares | 2,106 |
Management and Administrative—Institutional Plus Shares | 1,548 |
Marketing and Distribution—Investor Shares | 356 |
Marketing and Distribution—ETF Shares | 1,188 |
Marketing and Distribution—Admiral Shares | 1,358 |
Marketing and Distribution—Institutional Shares | 155 |
Marketing and Distribution—Institutional Plus Shares | 60 |
Custodian Fees | 232 |
Auditing Fees | 50 |
Shareholders’ Reports and Proxy—Investor Shares | 134 |
Shareholders’ Reports and Proxy—ETF Shares | 1,562 |
Shareholders’ Reports and Proxy—Admiral Shares | 1,015 |
Shareholders’ Reports and Proxy—Institutional Shares | 51 |
Shareholders’ Reports and Proxy—Institutional Plus Shares | 66 |
Trustees’ Fees and Expenses | 39 |
Total Expenses | 33,698 |
Net Investment Income | 814,619 |
Realized Net Gain (Loss) | |
Investment Securities Sold1 | (15,252) |
Futures Contracts | (109) |
Realized Net Gain (Loss) | (15,361) |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities1 | (231,853) |
Futures Contracts | 72 |
Change in Unrealized Appreciation (Depreciation) | (231,781) |
Net Increase (Decrease) in Net Assets Resulting from Operations | 567,477 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $2,066,000, ($8,000), and $6,000, respectively.
See accompanying Notes, which are an integral part of the Financial Statements.
20
Short-Term Bond Index Fund
Statement of Changes in Net Assets | ||
Year Ended December 31, | ||
2017 | 2016 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 814,619 | 657,870 |
Realized Net Gain (Loss) | (15,361) | 30,697 |
Change in Unrealized Appreciation (Depreciation) | (231,781) | (90,945) |
Net Increase (Decrease) in Net Assets Resulting from Operations | 567,477 | 597,622 |
Distributions | ||
Net Investment Income | ||
Investor Shares | (27,151) | (31,484) |
ETF Shares | (365,424) | (273,260) |
Admiral Shares | (260,776) | (223,480) |
Institutional Shares | (83,522) | (71,972) |
Institutional Plus Shares | (77,791) | (57,728) |
Realized Capital Gain1 | ||
Investor Shares | (52) | (350) |
ETF Shares | (622) | (3,210) |
Admiral Shares | (450) | (2,498) |
Institutional Shares | (141) | (808) |
Institutional Plus Shares | (126) | (660) |
Total Distributions | (816,055) | (665,450) |
Capital Share Transactions | ||
Investor Shares | (314,174) | (440,155) |
ETF Shares | 4,443,947 | 2,206,833 |
Admiral Shares | 776,598 | 691,272 |
Institutional Shares | 93,631 | 466,961 |
Institutional Plus Shares | 766,304 | 838,693 |
Net Increase (Decrease) from Capital Share Transactions | 5,766,306 | 3,763,604 |
Total Increase (Decrease) | 5,517,728 | 3,695,776 |
Net Assets | ||
Beginning of Period | 46,075,101 | 42,379,325 |
End of Period2 | 51,592,829 | 46,075,101 |
1 Includes fiscal 2017 and 2016 short-term gain distributions totaling $0 and $3,541,000, respectively. Short-term gain distributions are treated as ordinary income dividends for tax purposes.
2 Net Assets—End of Period includes undistributed (overdistributed) net investment income of $136,000 and $133,000.
See accompanying Notes, which are an integral part of the Financial Statements.
21
Short-Term Bond Index Fund
Financial Highlights
Investor Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.43 | $10.43 | $10.48 | $10.49 | $10.63 |
Investment Operations | |||||
Net Investment Income | .1641 | .146 | .130 | .116 | .116 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | (. 050) | . 002 | (. 040) | . 005 | (.109) |
Total from Investment Operations | .114 | .148 | .090 | .121 | .007 |
Distributions | |||||
Dividends from Net Investment Income | (.164) | (.146) | (.130) | (.116) | (.116) |
Distributions from Realized Capital Gains | (.000)2 | (. 002) | (. 010) | (. 015) | (. 031) |
Total Distributions | (.164) | (.148) | (.140) | (.131) | (.147) |
Net Asset Value, End of Period | $10.38 | $10.43 | $10.43 | $10.48 | $10.49 |
Total Return3 | 1.10% | 1.41% | 0.85% | 1.16% | 0.07% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $1,545 | $1,865 | $2,307 | $2,667 | $3,003 |
Ratio of Total Expenses to Average Net Assets | 0.15% | 0.15% | 0.16% | 0.20% | 0.20% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 1.57% | 1.38% | 1.23% | 1.10% | 1.09% |
Portfolio Turnover Rate 4 | 50% | 51% | 52% | 45% | 50% |
1 Calculated based on average shares outstanding.
2 Distribution was less than $.001 per share.
3 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
4 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
22
Short-Term Bond Index Fund
Financial Highlights
ETF Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $79.44 | $79.49 | $79.87 | $79.89 | $80.94 |
Investment Operations | |||||
Net Investment Income | 1.3141 | 1.172 | 1.039 | .959 | .950 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | (. 362) | (. 037) | (. 303) | . 094 | (. 813) |
Total from Investment Operations | .952 | 1.135 | .736 | 1.053 | .137 |
Distributions | |||||
Dividends from Net Investment Income | (1.300) | (1.172) | (1.039) | (.959) | (.950) |
Distributions from Realized Capital Gains | (. 002) | (. 013) | (. 077) | (.114) | (. 237) |
Total Distributions | (1.302) | (1.185) | (1.116) | (1.073) | (1.187) |
Net Asset Value, End of Period | $79.09 | $79.44 | $79.49 | $79.87 | $79.89 |
Total Return | 1.20% | 1.42% | 0.92% | 1.32% | 0.17% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $23,902 | $19,576 | $17,402 | $15,655 | $13,926 |
Ratio of Total Expenses to Average Net Assets | 0.07% | 0.07% | 0.09% | 0.10% | 0.10% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 1.65% | 1.46% | 1.30% | 1.20% | 1.19% |
Portfolio Turnover Rate2 | 50% | 51% | 52% | 45% | 50% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
23
Short-Term Bond Index Fund
Financial Highlights
Admiral Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.43 | $10.43 | $10.48 | $10.49 | $10.63 |
Investment Operations | |||||
Net Investment Income | .1721 | .154 | .137 | .126 | .127 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | (. 050) | . 002 | (. 040) | . 005 | (.109) |
Total from Investment Operations | .122 | .156 | .097 | .131 | .018 |
Distributions | |||||
Dividends from Net Investment Income | (.172) | (.154) | (.137) | (.126) | (.127) |
Distributions from Realized Capital Gains | (.000)2 | (. 002) | (. 010) | (. 015) | (. 031) |
Total Distributions | (.172) | (.156) | (.147) | (.141) | (.158) |
Net Asset Value, End of Period | $10.38 | $10.43 | $10.43 | $10.48 | $10.49 |
Total Return3 | 1.18% | 1.49% | 0.92% | 1.26% | 0.17% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $16,034 | $15,335 | $14,662 | $13,212 | $5,035 |
Ratio of Total Expenses to Average Net Assets | 0.07% | 0.07% | 0.09% | 0.10% | 0.10% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 1.65% | 1.46% | 1.30% | 1.20% | 1.19% |
Portfolio Turnover Rate 4 | 50% | 51% | 52% | 45% | 50% |
1 Calculated based on average shares outstanding.
2 Distribution was less than $.001 per share.
3 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
4 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
24
Short-Term Bond Index Fund
Financial Highlights
Institutional Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.43 | $10.43 | $10.48 | $10.49 | $10.63 |
Investment Operations | |||||
Net Investment Income | .1741 | .156 | .140 | .130 | .130 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | (. 050) | . 002 | (. 040) | . 005 | (.109) |
Total from Investment Operations | .124 | .158 | .100 | .135 | .021 |
Distributions | |||||
Dividends from Net Investment Income | (.174) | (.156) | (.140) | (.130) | (.130) |
Distributions from Realized Capital Gains | (.000)2 | (. 002) | (. 010) | (. 015) | (. 031) |
Total Distributions | (.174) | (.158) | (.150) | (.145) | (.161) |
Net Asset Value, End of Period | $10.38 | $10.43 | $10.43 | $10.48 | $10.49 |
Total Return | 1.20% | 1.51% | 0.95% | 1.29% | 0.20% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $5,033 | $4,963 | $4,506 | $4,505 | $3,282 |
Ratio of Total Expenses to Average Net Assets | 0.05% | 0.05% | 0.06% | 0.07% | 0.07% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 1.67% | 1.48% | 1.33% | 1.23% | 1.22% |
Portfolio Turnover Rate 3 | 50% | 51% | 52% | 45% | 50% |
1 Calculated based on average shares outstanding.
2 Distribution was less than $.001 per share.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
25
Short-Term Bond Index Fund
Financial Highlights
Institutional Plus Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.43 | $10.43 | $10.48 | $10.49 | $10.63 |
Investment Operations | |||||
Net Investment Income | .1751 | .158 | .142 | .132 | .132 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | (. 050) | . 002 | (. 040) | . 005 | (.109) |
Total from Investment Operations | .125 | .160 | .102 | .137 | .023 |
Distributions | |||||
Dividends from Net Investment Income | (.175) | (.158) | (.142) | (.132) | (.132) |
Distributions from Realized Capital Gains | (.000)2 | (. 002) | (. 010) | (. 015) | (. 031) |
Total Distributions | (.175) | (.160) | (.152) | (.147) | (.163) |
Net Asset Value, End of Period | $10.38 | $10.43 | $10.43 | $10.48 | $10.49 |
Total Return | 1.21% | 1.52% | 0.97% | 1.31% | 0.22% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $5,078 | $4,336 | $3,502 | $2,515 | $1,868 |
Ratio of Total Expenses to Average Net Assets | 0.04% | 0.04% | 0.04% | 0.05% | 0.05% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 1.68% | 1.49% | 1.35% | 1.25% | 1.24% |
Portfolio Turnover Rate 3 | 50% | 51% | 52% | 45% | 50% |
1 Calculated based on average shares outstanding.
2 Distribution was less than $.001 per share.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
26
Short-Term Bond Index Fund
Notes to Financial Statements
Vanguard Short-Term Bond Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries. The fund offers five classes of shares: Investor Shares, ETF Shares, Admiral Shares, Institutional Shares, and Institutional Plus Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. ETF Shares are listed for trading on Nasdaq; they can be purchased and sold through a broker. Admiral Shares, Institutional Shares, and Institutional Plus Shares are designed for investors who meet certain administrative, service, and account-size criteria.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Structured debt securities, including mortgages and asset-backed securities, are valued using the latest bid prices or using valuations based on a matrix system that considers such factors as issuer, tranche, nominal or option-adjusted spreads, weighted average coupon, weighted average maturity, credit enhancements, and collateral. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).
During the year ended December 31, 2017, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period. The fund had no open futures contracts at December 31, 2017.
27
Short-Term Bond Index Fund
3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2014–2017), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
4. Distributions: Distributions from net investment income are declared daily by all share classes except ETF Shares, and paid on the first business day of the following month. Monthly income dividends from ETF Shares, and annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.
5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at December 31, 2017, or at any time during the period then ended.
6. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses), shareholder reporting, and the proxy. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At December 31, 2017, the fund had contributed to Vanguard capital in the amount of $2,828,000, representing 0.01% of the fund’s net assets and 1.13% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
28
Short-Term Bond Index Fund
C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest
rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine
the fair value of investments). Any investments valued with significant unobservable inputs are
noted on the Statement of Net Assets.
The following table summarizes the market value of the fund’s investments as of December 31,
2017, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | |
Investments | ($000) | ($000) | ($000) |
U.S. Government and Agency Obligations | — | 32,978,993 | — |
Corporate Bonds | — | 14,117,791 | — |
Sovereign Bonds | — | 4,023,237 | — |
Taxable Municipal Bonds | — | 61,595 | — |
Temporary Cash Investments | 1,025,829 | — | — |
Total | 1,025,829 | 51,181,616 | — |
D. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.
During the year ended December 31, 2017, the fund realized $3,347,000 of net capital gains resulting from in-kind redemptions—in which shareholders exchanged fund shares for securities held by the fund rather than for cash. Because such gains are not taxable to the fund, and are not distributed to shareholders, they have been reclassified from accumulated net realized losses to paid-in capital.
For tax purposes, at December 31, 2017, the fund had available capital losses totaling $19,870,000 that may be carried forward indefinitely to offset future net capital gains.
At December 31, 2017, the cost of investment securities for tax purposes was $52,694,709,000. Net unrealized depreciation of investment securities for tax purposes was $487,264,000, consisting of unrealized gains of $33,841,000 on securities that had risen in value since their purchase and $521,105,000 in unrealized losses on securities that had fallen in value since their purchase.
29
Short-Term Bond Index Fund
E. During the year ended December 31, 2017, the fund purchased $8,665,853,000 of investment securities and sold $6,533,790,000 of investment securities, other than U.S. government securities and temporary cash investments. Purchases and sales of U.S. government securities were $22,612,498,000 and $19,049,908,000, respectively. Total purchases and sales include $6,330,648,000 and $1,275,841,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
F. Capital share transactions for each class of shares were:
Year Ended December 31, | ||||
2017 | 2016 | |||
Amount | Shares | Amount | Shares | |
($000) | (000) | ($000) | (000) | |
Investor Shares | ||||
Issued | 404,865 | 38,751 | 626,525 | 59,436 |
Issued in Lieu of Cash Distributions | 24,088 | 2,305 | 27,845 | 2,641 |
Redeemed | (743,127) | (71,114) | (1,094,525) | (104,304) |
Net Increase (Decrease)—Investor Shares | (314,174) | (30,058) | (440,155) | (42,227) |
ETF Shares | ||||
Issued | 5,685,314 | 71,400 | 3,809,911 | 47,400 |
Issued in Lieu of Cash Distributions | — | — | — | — |
Redeemed | (1,241,367) | (15,600) | (1,603,078) | (19,900) |
Net Increase (Decrease)—ETF Shares | 4,443,947 | 55,800 | 2,206,833 | 27,500 |
Admiral Shares | ||||
Issued | 5,012,766 | 479,769 | 5,112,939 | 485,359 |
Issued in Lieu of Cash Distributions | 225,667 | 21,598 | 195,612 | 18,559 |
Redeemed | (4,461,835) | (427,170) | (4,617,279) | (438,600) |
Net Increase (Decrease)—Admiral Shares | 776,598 | 74,197 | 691,272 | 65,318 |
Institutional Shares | ||||
Issued | 2,000,150 | 191,403 | 2,064,165 | 195,911 |
Issued in Lieu of Cash Distributions | 76,468 | 7,319 | 67,338 | 6,389 |
Redeemed | (1,982,987) | (189,777) | (1,664,542) | (158,147) |
Net Increase (Decrease)—Institutional Shares | 93,631 | 8,945 | 466,961 | 44,153 |
Institutional Plus Shares | ||||
Issued | 2,029,693 | 194,290 | 1,265,556 | 120,597 |
Issued in Lieu of Cash Distributions | 73,094 | 6,995 | 53,256 | 5,053 |
Redeemed | (1,336,483) | (127,812) | (480,119) | (45,541) |
Net Increase (Decrease)—Institutional Plus Shares | 766,304 | 73,473 | 838,693 | 80,109 |
G. Management has determined that no material events or transactions occurred subsequent to December 31, 2017, that would require recognition or disclosure in these financial statements.
30
Intermediate-Term Bond Index Fund
Fund Profile
As of December 31, 2017
Share-Class Characteristics | |||||
Investor | Admiral | Institutional | Institutional | ||
Shares | ETF Shares | Shares | Shares | Plus Shares | |
Ticker Symbol | VBIIX | BIV | VBILX | VBIMX | VBIUX |
Expense Ratio1 | 0.15% | 0.07% | 0.07% | 0.05% | 0.04% |
30-Day SEC Yield | 2.64% | 2.72% | 2.72% | 2.74% | 2.75% |
Financial Attributes | |||
Bloomberg | |||
Barclays | |||
5–10 Year | Bloomberg | ||
Gov/ | Barclays | ||
Credit | Aggregate | ||
Float Adj | Float Adj | ||
Fund | Index | Index | |
Number of Bonds | 1,890 | 1,951 | 9,706 |
Yield to Maturity | |||
(before expenses) | 2.8% | 2.8% | 2.7% |
Average Coupon | 2.8% | 2.9% | 3.0% |
Average Duration | 6.4 years | 6.4 years | 6.1 years |
Average Effective | |||
Maturity | 7.2 years | 7.2 years | 8.3 years |
Short-Term | |||
Reserves | 1.1% | — | — |
Sector Diversification (% of portfolio) | |
Finance | 15.0% |
Foreign | 5.6 |
Industrial | 24.8 |
Treasury/Agency | 52.2 |
Utilities | 2.1 |
Other | 0.3 |
The agency and mortgage-backed securities sectors may include issues from government-sponsored enterprises; such issues are generally not backed by the full faith and credit of the U.S. government.
Volatility Measures | ||
Bloomberg | ||
Barclays | ||
5–10 Year | ||
Gov/ | Bloomberg | |
Credit | Barclays | |
Float Adj | Aggregate Float | |
Index | Adj Index | |
R-Squared | 0.99 | 0.98 |
Beta | 1.05 | 1.36 |
These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.
Distribution by Credit Quality (% of portfolio) | |
U.S. Government | 52.2% |
Aaa | 2.7 |
Aa | 3.6 |
A | 16.8 |
Baa | 24.7 |
Credit-quality ratings are obtained from Barclays and are from Moody's, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. For more information about these ratings, see the Glossary entry for Credit Quality.
Distribution by Effective Maturity | |
(% of portfolio) | |
Under 1 Year | 0.3% |
1 - 3 Years | 0.1 |
3 - 5 Years | 1.3 |
5 - 10 Years | 98.3 |
1 The expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the expense ratios were 0.15% for Investor Shares, 0.07% for ETF Shares, 0.07% for Admiral Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares.
31
Intermediate-Term Bond Index Fund
Investment Focus
32
Intermediate-Term Bond Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: December 31, 2007, Through December 31, 2017
Initial Investment of $10,000
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Intermediate-Term Bond Index Fund | ||||
Investor Shares | 3.76% | 2.15% | 4.89% | $16,117 |
Spliced Bloomberg Barclays U.S. 5–10 | ||||
Year Government/Credit Float Adjusted | ||||
Index | 3.81 | 2.29 | 5.00 | 16,291 |
Spliced Intermediate Investment-Grade | ||||
Debt Funds Average | 3.56 | 1.96 | 3.72 | 14,412 |
Spliced Bloomberg Barclays U.S. | ||||
Aggregate Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
For a benchmark description, see the Glossary.
Spliced Intermediate Investment-Grade Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Intermediate-Term Bond Index Fund | ||||
ETF Shares Net Asset Value | 3.80% | 2.23% | 4.98% | $16,254 |
Spliced Bloomberg Barclays U.S. 5–10 Year | ||||
Government/Credit Float Adjusted Index | 3.81 | 2.29 | 5.00 | 16,291 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
See Financial Highlights for dividend and capital gains information.
33
Intermediate-Term Bond Index Fund
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Intermediate-Term Bond Index Fund Admiral | ||||
Shares | 3.85% | 2.24% | 4.99% | $16,267 |
Spliced Bloomberg Barclays U.S. 5–10 Year | ||||
Government/Credit Float Adjusted Index | 3.81 | 2.29 | 5.00 | 16,291 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
Intermediate-Term Bond Index Fund | ||||
Institutional Shares | 3.87% | 2.26% | 5.02% | $8,160,298 |
Spliced Bloomberg Barclays U.S. 5–10 Year | ||||
Government/Credit Float Adjusted Index | 3.81 | 2.29 | 5.00 | 8,145,718 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 7,422,440 |
Since | Final Value | |||
One | Five | Inception | of a $100,000,000 | |
Year | Years | (11/30/2011) | Investment | |
Intermediate-Term Bond Index Fund | ||||
Institutional Plus Shares | 3.88% | 2.28% | 3.33% | $122,040,634 |
Bloomberg Barclays U.S. 5–10 Year | ||||
Government/Credit Float Adjusted Index | 3.81 | 2.29 | 3.34 | 122,136,882 |
Bloomberg Barclays U.S. Aggregate Float | ||||
Adjusted Index | 3.63 | 2.10 | 2.62 | 117,071,799 |
"Since Inception" performance is calculated from the Institutional Plus Shares’ inception date for both the fund and its comparative standards.
Cumulative Returns of ETF Shares: December 31, 2007, Through December 31, 2017 | |||
One | Five | Ten | |
Year | Years | Years | |
Intermediate-Term Bond Index Fund ETF Shares | |||
Market Price | 3.53% | 11.36% | 61.86% |
Intermediate-Term Bond Index Fund ETF Shares | |||
Net Asset Value | 3.80 | 11.67 | 62.54 |
Spliced Bloomberg Barclays U.S. 5–10 Year | |||
Government/Credit Float Adjusted Index | 3.81 | 12.00 | 62.91 |
34
Intermediate-Term Bond Index Fund
Fiscal-Year Total Returns (%): December 31, 2007, Through December 31, 2017 | ||||
Spliced | ||||
Bloomberg | ||||
Barclays | ||||
5–10 Year | ||||
Gov/Credit | ||||
Investor Shares | FA Index | |||
Fiscal Year | Income Returns | Capital Returns | Total Returns | Total Returns |
2008 | 4.93% | 0.00% | 4.93% | 5.06% |
2009 | 4.69 | 2.10 | 6.79 | 6.50 |
2010 | 4.26 | 5.11 | 9.37 | 9.44 |
2011 | 4.01 | 6.61 | 10.62 | 10.79 |
2012 | 3.23 | 3.68 | 6.91 | 7.22 |
2013 | 2.71 | -6.25 | -3.54 | -3.37 |
2014 | 2.91 | 3.94 | 6.85 | 6.91 |
2015 | 2.62 | -1.41 | 1.21 | 1.28 |
2016 | 2.52 | 0.23 | 2.75 | 3.10 |
2017 | 2.59 | 1.17 | 3.76 | 3.81 |
For a benchmark description, see the Glossary. |
35
Intermediate-Term Bond Index Fund
Financial Statements
Statement of Net Assets—Investments Summary
As of December 31, 2017
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the complete listing of the fund’s holdings is available electronically on vanguard.com and on the Securities and Exchange Commission’s website (sec.gov), or you can have it mailed to you without charge by calling 800-662-7447. For the first and third fiscal quarters, the fund files the lists with the SEC on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
U.S. Government and Agency Obligations | |||||
U.S. Government Securities | |||||
United States Treasury | |||||
Note/Bond | 1.750% | 5/15/23 | 885,625 | 863,759 | 2.5% |
United States Treasury | |||||
Note/Bond | 2.125% | 2/29/24 | 858,570 | 849,984 | 2.4% |
United States Treasury | |||||
Note/Bond | 2.500% | 8/15/23 | 740,860 | 751,047 | 2.1% |
United States Treasury | |||||
Note/Bond | 2.750% | 11/15/23 | 694,667 | 713,340 | 2.0% |
United States Treasury | |||||
Note/Bond | 2.250% | 11/15/27 | 710,698 | 700,478 | 2.0% |
United States Treasury | |||||
Note/Bond | 2.375% | 5/15/27 | 694,967 | 692,903 | 2.0% |
United States Treasury | |||||
Note/Bond | 2.500% | 5/15/24 | 678,624 | 686,259 | 2.0% |
United States Treasury | |||||
Note/Bond | 2.250% | 11/15/25 | 661,942 | 655,945 | 1.9% |
United States Treasury | |||||
Note/Bond | 1.625% | 5/15/26 | 679,848 | 640,335 | 1.8% |
United States Treasury | |||||
Note/Bond | 2.250% | 2/15/27 | 629,090 | 620,635 | 1.8% |
United States Treasury | |||||
Note/Bond | 1.625% | 2/15/26 | 653,299 | 616,753 | 1.8% |
United States Treasury | |||||
Note/Bond | 2.000% | 11/15/26 | 615,297 | 595,300 | 1.7% |
United States Treasury | |||||
Note/Bond | 2.125% | 5/15/25 | 591,160 | 582,015 | 1.7% |
United States Treasury | |||||
Note/Bond | 2.000% | 8/15/25 | 594,527 | 579,295 | 1.7% |
36
Intermediate-Term Bond Index Fund | |||||
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
United States Treasury | |||||
Note/Bond | 2.250% | 8/15/27 | 575,586 | 567,309 | 1.6% |
United States Treasury | |||||
Note/Bond | 1.500% | 8/15/26 | 595,211 | 553,546 | 1.6% |
United States Treasury | |||||
Note/Bond | 2.125% | 9/30/24 | 515,645 | 509,117 | 1.5% |
United States Treasury | |||||
Note/Bond | 2.375% | 8/15/24 | 452,781 | 454,053 | 1.3% |
United States Treasury | |||||
Note/Bond | 2.000% | 2/15/25 | 458,951 | 448,551 | 1.3% |
United States Treasury | |||||
Note/Bond | 2.125% | 11/30/24 | 454,400 | 448,366 | 1.3% |
United States Treasury | |||||
Note/Bond | 2.250% | 11/15/24 | 414,024 | 411,759 | 1.2% |
United States Treasury | |||||
Note/Bond | 1.250% | 7/31/23 | 424,150 | 401,882 | 1.1% |
United States Treasury | |||||
Note/Bond | 1.375% | 8/31/23 | 390,125 | 371,898 | 1.1% |
United States Treasury | |||||
Note/Bond | 2.125% | 11/30/23 | 358,340 | 355,430 | 1.0% |
United States Treasury | |||||
Note/Bond | 2.000% | 5/31/24 | 350,350 | 343,725 | 1.0% |
United States Treasury | |||||
Note/Bond | 2.750% | 2/15/24 | 332,773 | 341,455 | 1.0% |
United States Treasury | |||||
Note/Bond | 2.000% | 6/30/24 | 332,240 | 325,698 | 0.9% |
United States Treasury | |||||
Note/Bond | 2.125% | 3/31/24 | 310,775 | 307,571 | 0.9% |
United States Treasury | |||||
Note/Bond | 1.500% | 3/31/23 | 281,205 | 271,056 | 0.8% |
United States Treasury | |||||
Note/Bond | 1.625% | 5/31/23 | 262,300 | 254,022 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.875% | 8/31/24 | 243,078 | 236,469 | 0.7% |
United States Treasury | |||||
Note/Bond | 1.375% | 9/30/23 | 202,400 | 192,754 | 0.5% |
United States Treasury | |||||
Note/Bond | 2.125% | 7/31/24 | 187,650 | 185,393 | 0.5% |
United States Treasury | |||||
Note/Bond | 2.250% | 12/31/24 | 165,000 | 164,052 | 0.5% |
United States Treasury | |||||
Note/Bond | 2.000% | 2/15/23 | 159,525 | 157,855 | 0.4% |
United States Treasury | |||||
Note/Bond | 1.500% | 2/28/23 | 155,120 | 149,666 | 0.4% |
United States Treasury | |||||
Note/Bond | 1.375% | 6/30/23 | 145,120 | 138,590 | 0.4% |
United States Treasury | |||||
Note/Bond | 2.000% | 4/30/24 | 127,010 | 124,709 | 0.4% |
United States Treasury | |||||
Note/Bond | 2.250% | 1/31/24 | 124,195 | 123,904 | 0.3% |
United States Treasury | |||||
Note/Bond | 2.250% | 12/31/23 | 114,925 | 114,673 | 0.3% |
United States Treasury | |||||
Note/Bond | 6.250% | 8/15/23 | 76,500 | 92,612 | 0.3% |
37
Intermediate-Term Bond Index Fund | ||||||
Face | Market | Percentage | ||||
Maturity | Amount | Value • | of Net | |||
Coupon | Date | ($000) | ($000) | Assets | ||
United States Treasury | ||||||
Note/Bond | 2.250% | 10/31/24 | 87,120 | 86,670 | 0.2% | |
United States Treasury | ||||||
Note/Bond | 1.625% | 4/30/23 | 69,135 | 67,018 | 0.2% | |
United States Treasury | ||||||
Note/Bond | 1.625%–7.125% | 1/31/23–10/31/23 | 90,630 | 94,707 | 0.3% | |
17,842,558 | 51.1% | |||||
Agency Bonds and Notes | ||||||
1 | Federal National | |||||
Mortgage Assn. | 2.625% | 9/6/24 | 112,020 | 113,426 | 0.3% | |
Agency Bonds and Notes—Other † | 185,308 | 0.6% | ||||
298,734 | 0.9% | |||||
Total U.S. Government and Agency Obligations (Cost $18,446,380) | 18,141,292 | 52.0% | ||||
Corporate Bonds | ||||||
Finance | ||||||
Banking | ||||||
2,3 | Bank of America Corp. | 3.419% | 12/20/28 | 69,166 | 69,018 | 0.2% |
2 | Bank of America Corp. | 3.093%–4.450% | 1/11/23–7/21/28 | 368,030 | 380,961 | 1.1% |
Bank One Corp. | 8.000% | 4/29/27 | 7,085 | 9,452 | 0.0% | |
2 | JPMorgan Chase & Co. | 2.700%–4.250% | 1/15/23–5/1/28 | 354,718 | 362,023 | 1.1% |
3 | Banking—Other † | 2,718,054 | 7.8% | |||
Brokerage † | 214,356 | 0.6% | ||||
Finance Companies † | 76,285 | 0.2% | ||||
3 | Insurance † | 604,804 | 1.7% | |||
Other Finance † | 10,777 | 0.0% | ||||
Real Estate Investment Trusts † | 722,490 | 2.1% | ||||
5,168,220 | 14.8% | |||||
Industrial | ||||||
3 | Basic Industry † | 380,212 | 1.1% | |||
3 | Capital Goods † | 634,887 | 1.8% | |||
Communication | ||||||
Verizon Communications Inc. | 5.150% | 9/15/23 | 52,694 | 58,603 | 0.2% | |
3 | Communication—Other † | 1,048,504 | 3.0% | |||
3 | Consumer Cyclical † | 1,093,162 | 3.2% | |||
Consumer Noncyclical | ||||||
Anheuser-Busch InBev | ||||||
Finance Inc. | 3.650% | 2/1/26 | 104,085 | 107,361 | 0.3% | |
Anheuser-Busch InBev | ||||||
Finance Inc. | 3.300% | 2/1/23 | 55,515 | 56,754 | 0.2% | |
3 | Consumer Noncyclical—Other † | 1,995,924 | 5.7% | |||
3 | Energy † | 1,395,714 | 4.0% | |||
Other Industrial † | 43,070 | 0.1% | ||||
Technology | ||||||
Apple Inc. | 2.400% | 5/3/23 | 51,722 | 51,172 | 0.1% | |
3 | Technology Other—† | 1,411,755 | 4.1% | |||
Transportation † | 290,183 | 0.8% | ||||
8,567,301 | 24.6% |
38
Intermediate-Term Bond Index Fund | |||||
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
Utilities | |||||
3 Electric † | 663,300 | 1.9% | |||
Natural Gas † | 54,738 | 0.2% | |||
Other Utility † | 14,339 | 0.0% | |||
732,377 | 2.1% | ||||
Total Corporate Bonds (Cost $14,302,162) | 14,467,898 | 41.5% | |||
Sovereign Bonds | |||||
4 KFW | 2.500% | 11/20/24 | 55,040 | 54,886 | 0.2% |
3 Sovereign Bonds—Other † | 1,829,364 | 5.2% | |||
Total Sovereign Bonds (Cost $1,875,833) | 1,884,250 | 5.4% | |||
Taxable Municipal Bonds (Cost $50,524) † | 50,546 | 0.1% | |||
Shares | |||||
Temporary Cash Investment | |||||
Money Market Fund | |||||
5 Vanguard Market Liquidity Fund | |||||
(Cost $371,555) | 1.458% | 3,715,263 | 371,563 | 1.1% | |
Total Investments (Cost $35,046,454) | 34,915,549 | 100.1% | |||
Amount | |||||
($000) | |||||
Other Assets and Liabilities | |||||
Other Assets | |||||
Investment in Vanguard | 1,917 | ||||
Receivables for Investment Securities Sold | 558,368 | ||||
Receivables for Accrued Income | 248,895 | ||||
Receivables for Capital Shares Issued | 29,787 | ||||
Other Assets | 7,860 | ||||
Total Other Assets | 846,827 | 2.4% | |||
Liabilities | |||||
Payables for Investment Securities Purchased | (827,521) | ||||
Payables for Capital Shares Redeemed | (35,378) | ||||
Payables for Distributions | (6,431) | ||||
Payables to Vanguard | (13,203) | ||||
Other Liabilities | (1,723) | ||||
Total Liabilities | (884,256) | (2.5%) | |||
Net Assets | 34,878,120 | 100.0% |
39
Intermediate-Term Bond Index Fund
At December 31, 2017, net assets consisted of: | |
Amount | |
($000) | |
Paid-in Capital | 35,025,010 |
Overdistributed Net Investment Income | (1,797) |
Accumulated Net Realized Losses | (14,188) |
Unrealized Appreciation (Depreciation) | (130,905) |
Net Assets | 34,878,120 |
Investor Shares—Net Assets | |
Applicable to 115,091,124 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 1,306,992 |
Net Asset Value Per Share—Investor Shares | $11.36 |
ETF Shares—Net Assets | |
Applicable to 183,054,060 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 15,327,752 |
Net Asset Value Per Share—ETF Shares | $83.73 |
Admiral Shares—Net Assets | |
Applicable to 1,186,737,459 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 13,476,796 |
Net Asset Value Per Share—Admiral Shares | $11.36 |
Institutional Shares—Net Assets | |
Applicable to 275,366,428 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 3,127,065 |
Net Asset Value Per Share—Institutional Shares | $11.36 |
Institutional Plus Shares—Net Assets | |
Applicable to 144,372,186 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 1,639,515 |
Net Asset Value Per Share—Institutional Plus Shares | $11.36 |
• See Note A in Notes to Financial Statements.
† Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer,
represent 1% or less of net assets.
1 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed
by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth,
in exchange for senior preferred stock.
2 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments
and prepayments or the possibility of the issue being called.
3 Certain of the fund’s securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be
sold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value
of these securities was $575,025,000, representing 1.6% of net assets.
4 Guaranteed by the Federal Republic of Germany.
5 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown
is the 7-day yield.
See accompanying Notes, which are an integral part of the Financial Statements.
40
Intermediate-Term Bond Index Fund
Statement of Operations | |
Year Ended | |
December31,2017 | |
($000) | |
Investment Income | |
Income | |
Interest1 | 867,716 |
Total Income | 867,716 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 1,027 |
Management and Administrative—Investor Shares | 1,641 |
Management and Administrative—ETF Shares | 7,122 |
Management and Administrative—Admiral Shares | 6,907 |
Management and Administrative—Institutional Shares | 1,218 |
Management and Administrative—Institutional Plus Shares | 512 |
Marketing and Distribution—Investor Shares | 286 |
Marketing and Distribution—ETF Shares | 881 |
Marketing and Distribution—Admiral Shares | 1,099 |
Marketing and Distribution—Institutional Shares | 83 |
Marketing and Distribution—Institutional Plus Shares | 22 |
Custodian Fees | 138 |
Auditing Fees | 48 |
Shareholders’ Reports and Proxy—Investor Shares | 113 |
Shareholders’ Reports and Proxy—ETF Shares | 1,134 |
Shareholders’ Reports and Proxy—Admiral Shares | 452 |
Shareholders’ Reports and Proxy—Institutional Shares | 35 |
Shareholders’ Reports and Proxy—Institutional Plus Shares | 34 |
Trustees’ Fees and Expenses | 24 |
Total Expenses | 22,776 |
Net Investment Income | 844,940 |
Realized Net Gain (Loss) on Investment Securities Sold1 | 27,773 |
Change in Unrealized Appreciation (Depreciation) of Investment Securities1 | 281,559 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 1,154,272 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund
were $1,896,000, ($26,000), and $6,000, respectively.
See accompanying Notes, which are an integral part of the Financial Statements.
41
Intermediate-Term Bond Index Fund
Statement of Changes in Net Assets | ||
Year Ended December 31, | ||
2017 | 2016 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 844,940 | 684,774 |
Realized Net Gain (Loss) | 27,773 | 149,012 |
Change in Unrealized Appreciation (Depreciation) | 281,559 | (321,096) |
Net Increase (Decrease) in Net Assets Resulting from Operations | 1,154,272 | 512,690 |
Distributions | ||
Net Investment Income | ||
Investor Shares | (35,465) | (37,231) |
ETF Shares | (358,019) | (249,294) |
Admiral Shares | (334,883) | (297,013) |
Institutional Shares | (76,404) | (68,012) |
Institutional Plus Shares | (41,601) | (33,545) |
Realized Capital Gain1 | ||
Investor Shares | (1,251) | (5,915) |
ETF Shares | (14,657) | (45,255) |
Admiral Shares | (12,887) | (47,835) |
Institutional Shares | (2,991) | (10,633) |
Institutional Plus Shares | (1,571) | (5,863) |
Total Distributions | (879,729) | (800,596) |
Capital Share Transactions | ||
Investor Shares | (180,550) | 83,064 |
ETF Shares | 3,982,223 | 3,824,729 |
Admiral Shares | 1,407,121 | 1,990,311 |
Institutional Shares | 476,321 | 242,995 |
Institutional Plus Shares | 147,119 | 435,320 |
Net Increase (Decrease) from Capital Share Transactions | 5,832,234 | 6,576,419 |
Total Increase (Decrease) | 6,106,777 | 6,288,513 |
Net Assets | ||
Beginning of Period | 28,771,343 | 22,482,830 |
End of Period2 | 34,878,120 | 28,771,343 |
1 Includes fiscal 2017 and 2016 short-term gain distributions totaling $0 and $511,000, respectively. Short-term gain distributions are
treated as ordinary income dividends for tax purposes.
2 Net Assets—End of Period includes undistributed (overdistributed) net investment income of ($1,797,000) and ($317,000).
See accompanying Notes, which are an integral part of the Financial Statements.
42
Intermediate-Term Bond Index Fund
Financial Highlights | |||||
Investor Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $11.24 | $11.26 | $11.46 | $11.09 | $11.96 |
Investment Operations | |||||
Net Investment Income | . 2891 | .289 | .302 | .316 | .329 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .132 | .025 | (.162) | .437 | (.745) |
Total from Investment Operations | .421 | .314 | .140 | .753 | (.416) |
Distributions | |||||
Dividends from Net Investment Income | (. 290) | (. 289) | (. 302) | (. 316) | (. 329) |
Distributions from Realized Capital Gains | (. 011) | (. 045) | (. 038) | (. 067) | (.125) |
Total Distributions | (. 301) | (. 334) | (. 340) | (. 383) | (. 454) |
Net Asset Value, End of Period | $11.36 | $11.24 | $11.26 | $11.46 | $11.09 |
Total Return2 | 3.76% | 2.75% | 1.21% | 6.85% | -3.54% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $1,307 | $1,472 | $1,397 | $1,551 | $1,558 |
Ratio of Total Expenses to Average Net Assets | 0.15% | 0.15% | 0.16% | 0.20% | 0.20% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.54% | 2.48% | 2.62% | 2.76% | 2.84% |
Portfolio Turnover Rate 3 | 55% | 57% | 51% | 60% | 70% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
43
Intermediate-Term Bond Index Fund
Financial Highlights
ETF Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $82.86 | $82.95 | $84.41 | $81.65 | $88.07 |
Investment Operations | |||||
Net Investment Income | 2.1991 | 2.163 | 2.227 | 2.403 | 2.523 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .925 | .244 | (1.177) | 3.254 | (5.499) |
Total from Investment Operations | 3.124 | 2.407 | 1.050 | 5.657 | (2.976) |
Distributions | |||||
Dividends from Net Investment Income | (2.174) | (2.163) | (2.227) | (2.403) | (2.523) |
Distributions from Realized Capital Gains | (. 080) | (. 334) | (. 283) | (. 494) | (. 921) |
Total Distributions | (2.254) | (2.497) | (2.510) | (2.897) | (3.444) |
Net Asset Value, End of Period | $83.73 | $82.86 | $82.95 | $84.41 | $81.65 |
Total Return | 3.80% | 2.86% | 1.23% | 7.00% | -3.44% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $15,328 | $11,241 | $7,569 | $4,858 | $3,695 |
Ratio of Total Expenses to Average Net Assets | 0.07% | 0.07% | 0.09% | 0.10% | 0.10% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.62% | 2.56% | 2.69% | 2.86% | 2.94% |
Portfolio Turnover Rate2 | 55% | 57% | 51% | 60% | 70% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
44
Intermediate-Term Bond Index Fund
Financial Highlights
Admiral Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $11.24 | $11.26 | $11.46 | $11.09 | $11.96 |
Investment Operations | |||||
Net Investment Income | . 2981 | .299 | .309 | .327 | .340 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .132 | .025 | (.162) | .437 | (.745) |
Total from Investment Operations | .430 | .324 | .147 | .764 | (.405) |
Distributions | |||||
Dividends from Net Investment Income | (. 299) | (. 299) | (. 309) | (. 327) | (. 340) |
Distributions from Realized Capital Gains | (. 011) | (. 045) | (. 038) | (. 067) | (.125) |
Total Distributions | (. 310) | (. 344) | (. 347) | (. 394) | (. 465) |
Net Asset Value, End of Period | $11.36 | $11.24 | $11.26 | $11.46 | $11.09 |
Total Return2 | 3.85% | 2.83% | 1.27% | 6.96% | -3.45% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $13,477 | $11,954 | $10,061 | $8,922 | $5,320 |
Ratio of Total Expenses to Average Net Assets | 0.07% | 0.07% | 0.09% | 0.10% | 0.10% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.62% | 2.56% | 2.69% | 2.86% | 2.94% |
Portfolio Turnover Rate 3 | 55% | 57% | 51% | 60% | 70% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
45
Intermediate-Term Bond Index Fund
Financial Highlights
Institutional Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $11.24 | $11.26 | $11.46 | $11.09 | $11.96 |
Investment Operations | |||||
Net Investment Income | . 3011 | .301 | .313 | .331 | .344 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .131 | .025 | (.162) | .437 | (.745) |
Total from Investment Operations | .432 | .326 | .151 | .768 | (.401) |
Distributions | |||||
Dividends from Net Investment Income | (. 301) | (. 301) | (. 313) | (. 331) | (. 344) |
Distributions from Realized Capital Gains | (. 011) | (. 045) | (. 038) | (. 067) | (.125) |
Total Distributions | (. 312) | (. 346) | (. 351) | (. 398) | (. 469) |
Net Asset Value, End of Period | $11.36 | $11.24 | $11.26 | $11.46 | $11.09 |
Total Return | 3.87% | 2.85% | 1.31% | 6.99% | -3.42% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $3,127 | $2,626 | $2,399 | $1,610 | $1,172 |
Ratio of Total Expenses to Average Net Assets | 0.05% | 0.05% | 0.06% | 0.07% | 0.07% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.64% | 2.58% | 2.72% | 2.89% | 2.97% |
Portfolio Turnover Rate2 | 55% | 57% | 51% | 60% | 70% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
46
Intermediate-Term Bond Index Fund
Financial Highlights
Institutional Plus Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $11.24 | $11.26 | $11.46 | $11.09 | $11.96 |
Investment Operations | |||||
Net Investment Income | . 3021 | .302 | .315 | .333 | .346 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .131 | .025 | (.162) | .437 | (.745) |
Total from Investment Operations | .433 | .327 | .153 | .770 | (.399) |
Distributions | |||||
Dividends from Net Investment Income | (. 302) | (. 302) | (. 315) | (. 333) | (. 346) |
Distributions from Realized Capital Gains | (. 011) | (. 045) | (. 038) | (. 067) | (.125) |
Total Distributions | (. 313) | (. 347) | (. 353) | (. 400) | (. 471) |
Net Asset Value, End of Period | $11.36 | $11.24 | $11.26 | $11.46 | $11.09 |
Total Return | 3.88% | 2.86% | 1.33% | 7.01% | -3.40% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $1,640 | $1,478 | $1,057 | $293 | $216 |
Ratio of Total Expenses to Average Net Assets | 0.04% | 0.04% | 0.04% | 0.05% | 0.05% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.65% | 2.59% | 2.74% | 2.91% | 2.99% |
Portfolio Turnover Rate2 | 55% | 57% | 51% | 60% | 70% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
47
Intermediate-Term Bond Index Fund
Notes to Financial Statements
Vanguard Intermediate-Term Bond Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries. The fund offers five classes of shares: Investor Shares, ETF Shares, Admiral Shares, Institutional Shares, and Institutional Plus Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. ETF Shares are listed for trading on NYSE Arca; they can be purchased and sold through a broker. Admiral Shares, Institutional Shares, and Institutional Plus Shares are designed for investors who meet certain administrative, service, and account-size criteria.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
2. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2014–2017), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
3. Distributions: Distributions from net investment income are declared daily by all share classes except ETF Shares, and paid on the first business day of the following month. Monthly income dividends from ETF Shares, and annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.
4. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
48
Intermediate-Term Bond Index Fund
The fund had no borrowings outstanding at December 31, 2017, or at any time during the period then ended.
5. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses), shareholder reporting, and the proxy. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At December 31, 2017, the fund had contributed to Vanguard capital in the amount of $1,917,000, representing 0.01% of the fund’s net assets and 0.77% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine
the fair value of investments). Any investments valued with significant unobservable inputs are
noted on the Statement of Net Assets.
49
Intermediate-Term Bond Index Fund
The following table summarizes the market value of the fund’s investments as of December 31, 2017, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | |
Investments | ($000) | ($000) | ($000) |
U.S. Government and Agency Obligations | — | 18,141,292 | — |
Corporate Bonds | — | 14,467,898 | — |
Sovereign Bonds | — | 1,884,250 | — |
Taxable Municipal Bonds | — | 50,546 | — |
Temporary Cash Investments | 371,563 | — | — |
Total | 371,563 | 34,543,986 | — |
D. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.
During the year ended December 31, 2017, the fund realized $3,362,000 of net capital gains resulting from in-kind redemptions—in which shareholders exchanged fund shares for securities held by the fund rather than for cash. Because such gains are not taxable to the fund, and are not distributed to shareholders, they have been reclassified from accumulated net realized losses to paid-in capital.
The fund used capital loss carryforwards of $1,856,000 to offset taxable capital gains realized during the year ended December 31, 2017, reducing the amount of capital gains that would otherwise be available to distribute to shareholders. Capital gains required to be distributed in December 2017 included gains realized through October 31, 2017; subsequently, the fund realized losses of $14,188,000, which are deferred and will be treated as realized for tax purposes in 2018.
At December 31, 2017, the cost of investment securities for tax purposes was $35,046,454,000. Net unrealized depreciation of investment securities for tax purposes was $130,905,000, consisting of unrealized gains of $263,987,000 on securities that had risen in value since their purchase and $394,892,000 in unrealized losses on securities that had fallen in value since their purchase.
E. During the year ended December 31, 2017, the fund purchased $7,675,367,000 of investment securities and sold $5,311,334,000 of investment securities, other than U.S. government securities and temporary cash investments. Purchases and sales of U.S. government securities were $15,947,461,000 and $12,602,576,000, respectively. Total purchases and sales include $4,049,867,000 and $132,697,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
50
Intermediate-Term Bond Index Fund
The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the year ended December 31, 2017, such purchases and sales were $1,231,000,000 and $4,694,606,000, respectively; these amounts are included in the purchases and sales of investment securities noted above.
F. Capital share transactions for each class of shares were:
Year Ended December 31, | ||||
2017 | 2016 | |||
Amount | Shares | Amount | Shares | |
($000) | (000) | ($000) | (000) | |
Investor Shares | ||||
Issued | 349,757 | 30,691 | 545,121 | 46,831 |
Issued in Lieu of Cash Distributions | 33,976 | 2,981 | 40,016 | 3,458 |
Redeemed | (564,283) | (49,549) | (502,073) | (43,402) |
Net Increase (Decrease)—Investor Shares | (180,550) | (15,877) | 83,064 | 6,887 |
ETF Shares | ||||
Issued | 4,116,918 | 49,000 | 4,294,489 | 49,800 |
Issued in Lieu of Cash Distributions | — | — | — | — |
Redeemed | (134,695) | (1,600) | (469,760) | (5,400) |
Net Increase (Decrease)—ETF Shares | 3,982,223 | 47,400 | 3,824,729 | 44,400 |
Admiral Shares | ||||
Issued | 3,893,428 | 341,773 | 4,234,295 | 364,084 |
Issued in Lieu of Cash Distributions | 301,626 | 26,459 | 297,311 | 25,703 |
Redeemed | (2,787,933) | (244,878) | (2,541,295) | (220,040) |
Net Increase (Decrease)—Admiral Shares | 1,407,121 | 123,354 | 1,990,311 | 169,747 |
Institutional Shares | ||||
Issued | 846,886 | 74,367 | 966,901 | 83,338 |
Issued in Lieu of Cash Distributions | 71,303 | 6,254 | 71,755 | 6,201 |
Redeemed | (441,868) | (38,833) | (795,661) | (69,040) |
Net Increase (Decrease)—Institutional Shares | 476,321 | 41,788 | 242,995 | 20,499 |
Institutional Plus Shares | ||||
Issued | 332,533 | 29,206 | 496,792 | 42,962 |
Issued in Lieu of Cash Distributions | 22,603 | 1,983 | 21,893 | 1,894 |
Redeemed | (208,017) | (18,302) | (83,365) | (7,257) |
Net Increase (Decrease)—Institutional Plus Shares | 147,119 | 12,887 | 435,320 | 37,599 |
G. Management has determined that no material events or transactions occurred subsequent to December 31, 2017, that would require recognition or disclosure in these financial statements.
51
Long-Term Bond Index Fund
Fund Profile
As of December 31, 2017
Share-Class Characteristics | ||||
Investor | Institutional | Institutional | ||
Shares | ETF Shares | Shares | Plus Shares | |
Ticker Symbol | VBLTX | BLV | VBLLX | VBLIX |
Expense Ratio1 | 0.15% | 0.07% | 0.05% | 0.04% |
30-Day SEC Yield | 3.41% | 3.49% | 3.51% | 3.52% |
Financial Attributes | |||
Bloomberg | |||
Barclays | |||
Long | Bloomberg | ||
Gov/ | Barclays | ||
Credit | Aggregate | ||
Float Adj | Float Adj | ||
Fund | Index | Index | |
Number of Bonds | 2,025 | 2,074 | 9,706 |
Yield to Maturity | |||
(before expenses) | 3.5% | 3.5% | 2.7% |
Average Coupon | 4.4% | 4.4% | 3.0% |
Average Duration | 15.4 years | 15.4 years | 6.1 years |
Average Effective | |||
Maturity | 24.2 years | 24.0 years | 8.3 years |
Short-Term | |||
Reserves | 0.4% | — | — |
Sector Diversification (% of portfolio) | |
Finance | 8.7% |
Foreign | 7.8 |
Industrial | 36.2 |
Treasury/Agency | 41.1 |
Utilities | 6.1 |
Other | 0.1 |
The agency and mortgage-backed securities sectors may include issues from government-sponsored enterprises; such issues are generally not backed by the full faith and credit of the U.S. government.
Volatility Measures | ||
Bloomberg | ||
Barclays | ||
Long | ||
Gov/ | Bloomberg | |
Credit | Barclays | |
Float Adj | Aggregate Float | |
Index | Adj Index | |
R-Squared | 0.99 | 0.92 |
Beta | 1.04 | 2.79 |
These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.
Distribution by Credit Quality (% of portfolio) | |
U.S. Government | 41.1% |
Aaa | 2.4 |
Aa | 5.3 |
A | 22.9 |
Baa | 28.3 |
Credit-quality ratings are obtained from Barclays and are from Moody's, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. For more information about these ratings, see the Glossary entry for Credit Quality.
Distribution by Effective Maturity | |
(% of portfolio) | |
Under 1 Year | 0.1% |
1 - 3 Years | 0.1 |
5 - 10 Years | 1.1 |
10 - 20 Years | 21.8 |
20 - 30 Years | 73.4 |
Over 30 Years | 3.5 |
1 The expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the expense ratios were 0.15% for Investor Shares, 0.07% for ETF Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares.
52
Long-Term Bond Index Fund
Investment Focus
53
Long-Term Bond Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: December 31, 2007, Through December 31, 2017
Initial Investment of $10,000
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Long-Term Bond Index Fund Investor | ||||
Shares | 10.76% | 4.36% | 7.17% | $19,979 |
Spliced Bloomberg Barclays U.S. Long | ||||
Government/Credit Float Adjusted | ||||
Index | 10.72 | 4.43 | 7.26 | 20,153 |
Corporate A-Rated Debt Funds | ||||
Average | 5.26 | 2.88 | 4.33 | 15,277 |
Spliced Bloomberg Barclays U.S. | ||||
Aggregate Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
For a benchmark description, see the Glossary.
Corporate A-Rated Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Long-Term Bond Index Fund | ||||
ETF Shares Net Asset Value | 10.89% | 4.46% | 7.25% | $20,136 |
Spliced Bloomberg Barclays U.S. Long | ||||
Government/Credit Float Adjusted Index | 10.72 | 4.43 | 7.26 | 20,153 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
See Financial Highlights for dividend and capital gains information.
54
Long-Term Bond Index Fund
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
Long-Term Bond Index Fund Institutional | ||||
Shares | 10.87% | 4.47% | 7.30% | $10,115,099 |
Spliced Bloomberg Barclays U.S. Long | ||||
Government/Credit Float Adjusted Index | 10.72 | 4.43 | 7.26 | 10,076,474 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 7,422,440 |
Since | Final Value | |||
One | Five | Inception | of a $100,000,000 | |
Year | Years | (10/6/2011) | Investment | |
Long-Term Bond Index Fund Institutional Plus | ||||
Shares | 10.88% | 4.49% | 5.58% | $140,262,037 |
Bloomberg Barclays U.S. Long | ||||
Government/Credit Float Adjusted Index | 10.72 | 4.43 | 5.51 | 139,692,946 |
Bloomberg Barclays U.S. Aggregate Float | ||||
Adjusted Index | 3.63 | 2.10 | 2.62 | 117,515,087 |
"Since Inception" performance is calculated from the Institutional Plus Shares’ inception date for both the fund and its comparative | ||||
standards. |
Cumulative Returns of ETF Shares: December 31, 2007, Through December 31, 2017 | |||
One | Five | Ten | |
Year | Years | Years | |
Long-Term Bond Index Fund ETF Shares Market | |||
Price | 10.78% | 24.39% | 100.61% |
Long-Term Bond Index Fund ETF Shares Net Asset | |||
Value | 10.89 | 24.39 | 101.36 |
Spliced Bloomberg Barclays U.S. Long | |||
Government/Credit Float Adjusted Index | 10.72 | 24.23 | 101.53 |
55
Long-Term Bond Index Fund
Fiscal-Year Total Returns (%): December 31, 2007, Through December 31, 2017
Spliced | ||||
Bloomberg | ||||
Barclays | ||||
Long | ||||
Gov/Credit | ||||
Investor Shares | FA Index | |||
Fiscal Year | Income Returns | Capital Returns | Total Returns | Total Returns |
2008 | 5.81% | 2.83% | 8.64% | 8.44% |
2009 | 5.27 | -3.51 | 1.76 | 1.92 |
2010 | 5.21 | 5.06 | 10.27 | 10.16 |
2011 | 5.51 | 16.55 | 22.06 | 22.49 |
2012 | 4.23 | 4.26 | 8.49 | 8.79 |
2013 | 3.76 | -12.89 | -9.13 | -8.83 |
2014 | 4.79 | 14.93 | 19.72 | 19.31 |
2015 | 3.73 | -7.20 | -3.47 | -3.31 |
2016 | 3.89 | 2.52 | 6.41 | 6.68 |
2017 | 4.02 | 6.74 | 10.76 | 10.72 |
For a benchmark description, see the Glossary. |
56
Long-Term Bond Index Fund
Financial Statements
Statement of Net Assets—Investments Summary
As of December 31, 2017
This Statement summarizes the fund’s holdings by asset type. Details are reported for each
of the fund’s 50 largest individual holdings and for investments that, in total for any issuer,
represent more than 1% of the fund’s net assets. The total value of smaller holdings is
reported as a single amount within each category.
The fund reports a complete list of its holdings in regulatory filings four times in each fiscal
year, at the quarter-ends. For the second and fourth fiscal quarters, the complete listing of the
fund’s holdings is available electronically on vanguard.com and on the Securities and Exchange
Commission’s website (sec.gov), or you can have it mailed to you without charge by calling
800-662-7447. For the first and third fiscal quarters, the fund files the lists with the SEC on
Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website. Forms N-Q
may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of
this report for further information).
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
U.S. Government and Agency Obligations | |||||
U.S. Government Securities | |||||
United States Treasury | |||||
Note/Bond | 2.750% | 8/15/47 | 184,071 | 184,244 | 1.6% |
United States Treasury | |||||
Note/Bond | 3.625% | 2/15/44 | 142,444 | 166,459 | 1.5% |
United States Treasury | |||||
Note/Bond | 2.875% | 11/15/46 | 159,264 | 163,345 | 1.4% |
United States Treasury | |||||
Note/Bond | 3.000% | 5/15/45 | 149,455 | 156,952 | 1.4% |
United States Treasury | |||||
Note/Bond | 2.750% | 11/15/47 | 156,355 | 156,550 | 1.4% |
United States Treasury | |||||
Note/Bond | 3.000% | 11/15/44 | 148,056 | 155,482 | 1.4% |
United States Treasury | |||||
Note/Bond | 2.875% | 5/15/43 | 150,255 | 154,340 | 1.4% |
United States Treasury | |||||
Note/Bond | 3.000% | 2/15/47 | 143,089 | 150,422 | 1.3% |
United States Treasury | |||||
Note/Bond | 3.750% | 11/15/43 | 124,610 | 148,344 | 1.3% |
United States Treasury | |||||
Note/Bond | 3.625% | 8/15/43 | 117,700 | 137,359 | 1.2% |
United States Treasury | |||||
Note/Bond | 2.500% | 2/15/45 | 143,067 | 136,382 | 1.2% |
United States Treasury | |||||
Note/Bond | 2.875% | 8/15/45 | 132,712 | 136,009 | 1.2% |
United States Treasury | |||||
Note/Bond | 3.375% | 5/15/44 | 116,587 | 130,687 | 1.2% |
United States Treasury | |||||
Note/Bond | 2.500% | 5/15/46 | 136,466 | 129,791 | 1.2% |
57
Long-Term Bond Index Fund | |||||
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
United States Treasury | |||||
Note/Bond | 3.125% | 2/15/43 | 119,640 | 128,520 | 1.1% |
United States Treasury | |||||
Note/Bond | 3.125% | 8/15/44 | 118,838 | 127,565 | 1.1% |
United States Treasury | |||||
Note/Bond | 2.750% | 8/15/42 | 126,358 | 127,128 | 1.1% |
United States Treasury | |||||
Note/Bond | 2.500% | 2/15/46 | 128,432 | 122,211 | 1.1% |
United States Treasury | |||||
Note/Bond | 2.750% | 11/15/42 | 117,313 | 117,955 | 1.0% |
United States Treasury | |||||
Note/Bond | 4.625% | 2/15/40 | 73,261 | 97,368 | 0.9% |
United States Treasury | |||||
Note/Bond | 2.250% | 8/15/46 | 105,279 | 94,932 | 0.8% |
United States Treasury | |||||
Note/Bond | 3.000% | 11/15/45 | 89,750 | 94,265 | 0.8% |
United States Treasury | |||||
Note/Bond | 3.125% | 2/15/42 | 87,402 | 93,903 | 0.8% |
United States Treasury | |||||
Note/Bond | 4.750% | 2/15/41 | 67,480 | 91,551 | 0.8% |
United States Treasury | |||||
Note/Bond | 3.750% | 8/15/41 | 73,875 | 87,496 | 0.8% |
United States Treasury | |||||
Note/Bond | 4.375% | 5/15/40 | 67,098 | 86,452 | 0.8% |
United States Treasury | |||||
Note/Bond | 4.375% | 11/15/39 | 63,480 | 81,651 | 0.7% |
United States Treasury | |||||
Note/Bond | 3.000% | 5/15/47 | 76,616 | 80,543 | 0.7% |
United States Treasury | |||||
Note/Bond | 4.500% | 8/15/39 | 56,381 | 73,621 | 0.7% |
United States Treasury | |||||
Note/Bond | 4.250% | 11/15/40 | 52,550 | 66,689 | 0.6% |
United States Treasury | |||||
Note/Bond | 4.250% | 5/15/39 | 52,662 | 66,535 | 0.6% |
United States Treasury | |||||
Note/Bond | 4.500% | 2/15/36 | 51,185 | 65,901 | 0.6% |
United States Treasury | |||||
Note/Bond | 5.375% | 2/15/31 | 49,105 | 65,217 | 0.6% |
United States Treasury | |||||
Note/Bond | 4.375% | 5/15/41 | 49,545 | 64,076 | 0.6% |
United States Treasury | |||||
Note/Bond | 3.875% | 8/15/40 | 51,315 | 61,803 | 0.5% |
United States Treasury | |||||
Note/Bond | 3.125% | 11/15/41 | 49,577 | 53,265 | 0.5% |
United States Treasury | |||||
Note/Bond | 6.250% | 5/15/30 | 37,340 | 52,474 | 0.5% |
United States Treasury | |||||
Note/Bond | 3.000% | 5/15/42 | 46,600 | 49,025 | 0.4% |
United States Treasury | |||||
Note/Bond | 3.500% | 2/15/39 | 41,292 | 47,118 | 0.4% |
United States Treasury | |||||
Note/Bond | 4.375% | 2/15/38 | 31,823 | 40,663 | 0.4% |
United States Treasury | |||||
Note/Bond | 5.000% | 5/15/37 | 27,434 | 37,614 | 0.3% |
58
Long-Term Bond Index Fund | |||||
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
United States Treasury | |||||
Note/Bond | 4.500% | 5/15/38 | 25,300 | 32,878 | 0.3% |
United States Treasury | |||||
Note/Bond | 5.250% | 2/15/29 | 21,176 | 26,960 | 0.2% |
United States Treasury | |||||
Note/Bond | 6.125% | 8/15/29 | 18,620 | 25,547 | 0.2% |
United States Treasury | |||||
Note/Bond | 5.250% | 11/15/28 | 18,830 | 23,885 | 0.2% |
United States Treasury | |||||
Note/Bond | 2.250%–5.500% | 11/15/27–2/15/37 | 36,879 | 42,611 | 0.4% |
4,433,788 | 39.2% | ||||
Agency Bonds and Notes | |||||
1 Federal Home Loan | |||||
Mortgage Corp. | 6.250% | 7/15/32 | 19,487 | 27,286 | 0.3% |
Agency Bonds and Notes—Other † | 162,339 | 1.4% | |||
189,625 | 1.7% | ||||
Total U.S. Government and Agency Obligations (Cost $4,398,043) | 4,623,413 | 40.9% | |||
Corporate Bonds | |||||
Finance | |||||
Banking | |||||
Goldman Sachs Group Inc. | 6.750% | 10/1/37 | 18,840 | 25,226 | 0.2% |
2 Banking—Other † | 515,900 | 4.6% | |||
Brokerage † | 17,371 | 0.2% | |||
Finance Companies | |||||
GE Capital International | |||||
Funding Co. Unlimited Co. | 4.418% | 11/15/35 | 39,416 | 42,643 | 0.4% |
Finance Companies—Other † | 2,189 | 0.0% | |||
2 Insurance † | 320,198 | 2.8% | |||
Real Estate Investment Trusts † | 46,578 | 0.4% | |||
970,105 | 8.6% | ||||
Industrial | |||||
2 Basic Industry † | 254,921 | 2.3% | |||
2 Capital Goods † | 301,573 | 2.7% | |||
Communication | |||||
AT&T Corp. | 8.250% | 11/15/31 | 1,842 | 2,555 | 0.0% |
2 AT&T Inc. | 4.100%–6.375% | 2/15/28–8/14/58 | 194,472 | 196,111 | 1.7% |
Verizon Communications | |||||
Inc. | 3.850%–5.500% | 8/10/33–3/15/55 | 160,540 | 163,858 | 1.5% |
2 Communication—Other † | 477,563 | 4.2% | |||
2 Consumer Cyclical † | 385,447 | 3.4% | |||
Consumer Noncyclical | |||||
Anheuser-Busch InBev | |||||
Finance Inc. | 4.900% | 2/1/46 | 38,279 | 44,316 | 0.4% |
2 Consumer Noncyclical—Other † | 932,636 | 8.2% | |||
2 Energy † | 638,185 | 5.6% | |||
Other Industrial † | 30,941 | 0.3% | |||
Technology | |||||
Microsoft Corp. | 3.450%–5.300% | 2/12/35–2/6/57 | 110,743 | 122,611 | 1.1% |
2 Technology—Other † | 290,875 | 2.6% | |||
2 Transportation † | 193,975 | 1.7% | |||
4,035,567 | 35.7% |
59
Long-Term Bond Index Fund | |||||
Face | Market | Percentage | |||
Maturity | Amount | Value • | of Net | ||
Coupon | Date | ($000) | ($000) | Assets | |
Utilities | |||||
2 Electric † | 618,521 | 5.5% | |||
Natural Gas † | 46,656 | 0.4% | |||
Other Utility † | 13,358 | 0.1% | |||
678,535 | 6.0% | ||||
Total Corporate Bonds (Cost $5,208,142) | 5,684,207 | 50.3% | |||
Sovereign Bonds | |||||
2 Petroleos Mexicanos | 5.500%–6.750% | 6/15/35–9/21/47 | 73,064 | 73,809 | 0.7% |
United Mexican States | 4.350%–7.500% | 4/8/33–10/12/10 | 81,765 | 89,883 | 0.8% |
Sovereign Bonds—Other † | 298,106 | 2.6% | |||
Total Sovereign Bonds (Cost $436,372) | 461,798 | 4.1% | |||
Taxable Municipal Bonds | |||||
Illinois GO | 5.100% | 6/1/33 | 24,940 | 24,899 | 0.2% |
Taxable Municipal Bonds—Other † | 395,272 | 3.5% | |||
Total Taxable Municipal Bonds (Cost $351,811) | 420,171 | 3.7% | |||
Shares | |||||
Temporary Cash Investment | |||||
Money Market Fund | |||||
3 Vanguard Market Liquidity Fund | |||||
(Cost $41,280) | 1.458% | 412,773 | 41,282 | 0.3% | |
Total Investments (Cost $10,435,648) | 11,230,871 | 99.3% | |||
Amount | |||||
($000) | |||||
Other Assets and Liabilities | |||||
Other Assets | |||||
Investment in Vanguard | 605 | ||||
Receivables for Investment Securities Sold | 42,720 | ||||
Receivables for Accrued Income | 114,425 | ||||
Receivables for Capital Shares Issued | 5,412 | ||||
Other Assets | 387 | ||||
Total Other Assets | 163,549 | 1.5% | |||
Liabilities | |||||
Payables for Investment Securities Purchased | (76,182) | ||||
Payables for Capital Shares Redeemed | (5,193) | ||||
Payables for Distributions | (1,879) | ||||
Payables to Vanguard | (5,038) | ||||
Other liabiliites | (375) | ||||
Total Liabilities | (88,667) | (0.8%) | |||
Net Assets | 11,305,753 | 100.0% |
60
Long-Term Bond Index Fund | |
At December 31, 2017, net assets consisted of: | |
Amount | |
($000) | |
Paid-in Capital | 10,494,552 |
Overdistributed Net Investment Income | (417) |
Accumulated Net Realized Gains | 16,395 |
Unrealized Appreciation (Depreciation) | 795,223 |
Net Assets | 11,305,753 |
Investor Shares—Net Assets | |
Applicable to 211,204,265 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 3,046,508 |
Net Asset Value Per Share—Investor Shares | $14.42 |
ETF Shares—Net Assets | |
Applicable to 25,200,000 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 2,391,613 |
Net Asset Value Per Share—ETF Shares | $94.91 |
Institutional Shares—Net Assets | |
Applicable to 176,935,545 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 2,552,202 |
Net Asset Value Per Share—Institutional Shares | $14.42 |
Institutional Plus Shares—Net Assets | |
Applicable to 229,847,772 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 3,315,430 |
Net Asset Value Per Share—Institutional Plus Shares | $14.42 |
• See Note A in Notes to Financial Statements.
† Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer,
represent 1% or less of net assets.
1 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed
by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth,
in exchange for senior preferred stock.
2 Certain of the fund’s securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be
sold in transactions exempt from registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value
of these securities was $177,003,000, representing 1.6% of net assets.
3 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown
is the 7-day yield.
GO—General Obligation Bond.
See accompanying Notes, which are an integral part of the Financial Statements.
61
Long-Term Bond Index Fund | |
Statement of Operations | |
Year Ended | |
December31,2017 | |
($000) | |
Investment Income | |
Income | |
Interest1 | 396,892 |
Total Income | 396,892 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 326 |
Management and Administrative—Investor Shares | 3,433 |
Management and Administrative—ETF Shares | 776 |
Management and Administrative—Institutional Shares | 1,035 |
Management and Administrative—Institutional Plus Shares | 982 |
Marketing and Distribution—Investor Shares | 481 |
Marketing and Distribution—ETF Shares | 135 |
Marketing and Distribution—Institutional Shares | 58 |
Marketing and Distribution—Institutional Plus Shares | 40 |
Custodian Fees | 66 |
Auditing Fees | 46 |
Shareholders’ Reports and Proxy—Investor Shares | 216 |
Shareholders’ Reports and Proxy—ETF Shares | 471 |
Shareholders’ Reports and Proxy—Institutional Shares | 8 |
Shareholders’ Reports and Proxy—Institutional Plus Shares | 42 |
Trustees’ Fees and Expenses | 8 |
Total Expenses | 8,123 |
Net Investment Income | 388,769 |
Realized Net Gain (Loss) | |
Investment Securities Sold1 | 64,536 |
Futures Contracts | 47 |
Realized Net Gain (Loss) | 64,583 |
Change in Unrealized Appreciation (Depreciation) of Investment Securities1 | 609,011 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 1,062,363 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $431,000, $3,000, and $2,000, respectively.
See accompanying Notes, which are an integral part of the Financial Statements.
62
Long-Term Bond Index Fund | ||
Statement of Changes in Net Assets | ||
Year Ended December 31, | ||
2017 | 2016 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 388,769 | 365,570 |
Realized Net Gain (Loss) | 64,583 | 106,495 |
Change in Unrealized Appreciation (Depreciation) | 609,011 | 77,927 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 1,062,363 | 549,992 |
Distributions | ||
Net Investment Income | ||
Investor Shares | (104,672) | (101,859) |
ETF Shares | (79,749) | (72,669) |
Institutional Shares | (90,360) | (85,614) |
Institutional Plus Shares | (114,185) | (105,639) |
Realized Capital Gain1 | ||
Investor Shares | — | (4,591) |
ETF Shares | — | (2,850) |
Institutional Shares | — | (3,755) |
Institutional Plus Shares | — | (4,363) |
Total Distributions | (388,966) | (381,340) |
Capital Share Transactions | ||
Investor Shares | 268,353 | 144,536 |
ETF Shares | 583,520 | (79,978) |
Institutional Shares | 183,470 | (2,391) |
Institutional Plus Shares | 370,516 | 179,951 |
Net Increase (Decrease) from Capital Share Transactions | 1,405,859 | 242,118 |
Total Increase (Decrease) | 2,079,256 | 410,770 |
Net Assets | ||
Beginning of Period | 9,226,497 | 8,815,727 |
End of Period2 | 11,305,753 | 9,226,497 |
1 Includes fiscal 2017 and 2016 short-term gain distributions totaling $0 and $15,559,000, respectively. Short-term gain distributions are treated as ordinary income dividends for tax purposes.
2 Net Assets—End of Period includes undistributed (overdistributed) net investment income of ($417,000) and ($220,000).
Long-Term Bond Index Fund
Financial Highlights
Investor Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $13.51 | $13.20 | $14.26 | $12.41 | $14.27 |
Investment Operations | |||||
Net Investment Income | . 5191 | .529 | .546 | .556 | .557 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .910 | .333 | (1.025) | 1.853 | (1.837) |
Total from Investment Operations | 1.429 | .862 | (.479) | 2.409 | (1.280) |
Distributions | |||||
Dividends from Net Investment Income | (. 519) | (. 529) | (. 546) | (. 556) | (. 557) |
Distributions from Realized Capital Gains | — | (. 023) | (. 035) | (. 003) | (. 023) |
Total Distributions | (. 519) | (. 552) | (. 581) | (. 559) | (. 580) |
Net Asset Value, End of Period | $14.42 | $13.51 | $13.20 | $14.26 | $12.41 |
Total Return2 | 10.76% | 6.41% | -3.47% | 19.72% | -9.13% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $3,047 | $2,595 | $2,415 | $2,594 | $2,019 |
Ratio of Total Expenses to Average Net Assets | 0.15% | 0.15% | 0.16% | 0.20% | 0.20% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 3.71% | 3.72% | 3.95% | 4.10% | 4.21% |
Portfolio Turnover Rate 3 | 41% | 45% | 42% | 39% | 50% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
64
Long-Term Bond Index Fund
Financial Highlights
ETF Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $88.86 | $86.80 | $93.73 | $81.45 | $93.73 |
Investment Operations | |||||
Net Investment Income | 3.4871 | 3.558 | 3.565 | 3.639 | 3.813 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | 6.019 | 2.212 | (6.700) | 12.300 | (12.129) |
Total from Investment Operations | 9.506 | 5.770 | (3.135) | 15.939 | (8.316) |
Distributions | |||||
Dividends from Net Investment Income | (3.456) | (3.558) | (3.565) | (3.639) | (3.813) |
Distributions from Realized Capital Gains | — | (.152) | (. 230) | (. 020) | (.151) |
Total Distributions | (3.456) | (3.710) | (3.795) | (3.659) | (3.964) |
Net Asset Value, End of Period | $94.91 | $88.86 | $86.80 | $93.73 | $81.45 |
Total Return | 10.89% | 6.53% | -3.45% | 19.89% | -9.03% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $2,392 | $1,671 | $1,693 | $1,068 | $489 |
Ratio of Total Expenses to Average Net Assets | 0.07% | 0.07% | 0.09% | 0.10% | 0.10% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 3.79% | 3.80% | 4.02% | 4.20% | 4.31% |
Portfolio Turnover Rate2 | 41% | 45% | 42% | 39% | 50% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
65
Long-Term Bond Index Fund
Financial Highlights
Institutional Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $13.51 | $13.20 | $14.26 | $12.41 | $14.27 |
Investment Operations | |||||
Net Investment Income | . 5331 | .544 | .560 | .573 | .574 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .910 | .333 | (1.025) | 1.853 | (1.837) |
Total from Investment Operations | 1.443 | .877 | (.465) | 2.426 | (1.263) |
Distributions | |||||
Dividends from Net Investment Income | (. 533) | (. 544) | (. 560) | (. 573) | (. 574) |
Distributions from Realized Capital Gains | — | (. 023) | (. 035) | (. 003) | (. 023) |
Total Distributions | (. 533) | (. 567) | (. 595) | (. 576) | (. 597) |
Net Asset Value, End of Period | $14.42 | $13.51 | $13.20 | $14.26 | $12.41 |
Total Return | 10.87% | 6.51% | -3.37% | 19.87% | -9.01% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $2,552 | $2,216 | $2,174 | $2,283 | $1,784 |
Ratio of Total Expenses to Average Net Assets | 0.05% | 0.05% | 0.06% | 0.07% | 0.07% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 3.81% | 3.82% | 4.05% | 4.23% | 4.34% |
Portfolio Turnover Rate2 | 41% | 45% | 42% | 39% | 50% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
66
Long-Term Bond Index Fund
Financial Highlights
Institutional Plus Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $13.51 | $13.20 | $14.26 | $12.41 | $14.27 |
Investment Operations | |||||
Net Investment Income | . 5351 | .545 | .563 | .576 | .577 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .910 | .333 | (1.025) | 1.853 | (1.837) |
Total from Investment Operations | 1.445 | .878 | (.462) | 2.429 | (1.260) |
Distributions | |||||
Dividends from Net Investment Income | (. 535) | (. 545) | (. 563) | (. 576) | (. 577) |
Distributions from Realized Capital Gains | — | (. 023) | (. 035) | (. 003) | (. 023) |
Total Distributions | (. 535) | (. 568) | (. 598) | (. 579) | (. 600) |
Net Asset Value, End of Period | $14.42 | $13.51 | $13.20 | $14.26 | $12.41 |
Total Return | 10.88% | 6.52% | -3.35% | 19.89% | -8.99% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $3,315 | $2,745 | $2,533 | $2,571 | $1,444 |
Ratio of Total Expenses to Average Net Assets | 0.04% | 0.04% | 0.04% | 0.05% | 0.05% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 3.82% | 3.83% | 4.07% | 4.25% | 4.36% |
Portfolio Turnover Rate2 | 41% | 45% | 42% | 39% | 50% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
See accompanying Notes, which are an integral part of the Financial Statements.
67
Long-Term Bond Index Fund
Notes to Financial Statements
Vanguard Long-Term Bond Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries. The fund offers four classes of shares: Investor Shares, ETF Shares, Institutional Shares and Institutional Plus Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. ETF Shares are listed for trading on NYSE Arca; they can be purchased and sold through a broker. Institutional Shares and Institutional Plus Shares are designed for investors who meet certain administrative, service, and account-size criteria.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).
During the year ended December 31, 2017, the fund’s average investments in long and short futures contracts each represented 0% of net assets, based on the average of the notional amounts at each quarter-end during the period. The fund had no open futures contracts at December 31, 2017.
68
Long-Term Bond Index Fund
3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2014–2017), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
4. Distributions: Distributions from net investment income are declared daily by all share classes except ETF Shares, and paid on the first business day of the following month. Monthly income dividends from ETF Shares, and annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.
5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at December 31, 2017, or at any time during the period then ended.
6. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses), shareholder reporting, and the proxy. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At December 31, 2017, the fund had contributed to Vanguard capital in the amount of $605,000, representing 0.01% of the fund’s net assets and 0.24% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
69
Long-Term Bond Index Fund
C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest
rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine
the fair value of investments). Any investments valued with significant unobservable inputs are
noted on the Statement of Net Assets.
The following table summarizes the market value of the fund’s investments as of December 31,
2017, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | |
Investments | ($000) | ($000) | ($000) |
U.S. Government and Agency Obligations | — | 4,623,413 | — |
Corporate Bonds | — | 5,684,207 | — |
Sovereign Bonds | — | 461,798 | — |
Taxable Municipal Bonds | — | 420,171 | — |
Temporary Cash Investments | 41,282 | — | — |
Total | 41,282 | 11,189,589 | — |
D. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.
During the year ended December 31, 2017, the fund realized $16,064,000 of net capital gains resulting from in-kind redemptions—in which shareholders exchanged fund shares for securities held by the fund rather than for cash. Because such gains are not taxable to the fund, and are not distributed to shareholders, they have been reclassified from accumulated net realized gains to paid-in capital.
The fund used capital loss carryforwards of $29,177,000 to offset taxable capital gains realized during the year ended December 31, 2017, reducing the amount of capital gains that would otherwise be available to distribute to shareholders. For tax purposes, at December 31, 2017, the fund had $16,395,000 of long-term capital gains available for distribution.
At December 31, 2017, the cost of investment securities for tax purposes was $10,435,648,000. Net unrealized appreciation of investment securities for tax purposes was $795,223,000, consisting of unrealized gains of $831,988,000 on securities that had risen in value since their purchase and $36,765,000 in unrealized losses on securities that had fallen in value since their purchase.
70
Long-Term Bond Index Fund
E. During the year ended December 31, 2017, the fund purchased $2,360,200,000 of investment securities and sold $1,776,792,000 of investment securities, other than U.S. government securities and temporary cash investments. Purchases and sales of U.S. government securities were $3,379,770,000 and $2,548,143,000, respectively. Total purchases and sales include $839,062,000 and $182,765,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
The fund purchased securities from and sold securities to other Vanguard funds or accounts managed by Vanguard or its affiliates, in accordance with procedures adopted by the board of trustees in compliance with Rule 17a-7 of the Investment Company Act of 1940. For the year ended December 31, 2017, such purchases and sales were $181,747,000 and $1,099,308,000, respectively; these amounts are included in the purchases and sales of investment securities noted above.
F. Capital share transactions for each class of shares were:
Year Ended December 31, | ||||
2017 | 2016 | |||
Amount | Shares | Amount | Shares | |
($000) | (000) | ($000) | (000) | |
Investor Shares | ||||
Issued | 793,180 | 56,836 | 876,145 | 61,442 |
Issued in Lieu of Cash Distributions | 91,188 | 6,507 | 93,350 | 6,581 |
Redeemed | (616,015) | (44,186) | (824,959) | (59,018) |
Net Increase (Decrease)—Investor Shares | 268,353 | 19,157 | 144,536 | 9,005 |
ETF Shares | ||||
Issued | 769,263 | 8,400 | 616,810 | 6,600 |
Issued in Lieu of Cash Distributions | — | — | — | — |
Redeemed | (185,743) | (2,000) | (696,788) | (7,300) |
Net Increase (Decrease)—ETF Shares | 583,520 | 6,400 | (79,978) | (700) |
Institutional Shares | ||||
Issued | 642,331 | 45,827 | 511,272 | 35,793 |
Issued in Lieu of Cash Distributions | 86,906 | 6,204 | 86,816 | 6,131 |
Redeemed | (545,767) | (39,124) | (600,479) | (42,662) |
Net Increase (Decrease)—Institutional Shares | 183,470 | 12,907 | (2,391) | (738) |
Institutional Plus Shares | ||||
Issued | 797,043 | 57,074 | 1,064,565 | 75,986 |
Issued in Lieu of Cash Distributions | 106,191 | 7,579 | 108,738 | 7,664 |
Redeemed | (532,718) | (37,998) | (993,352) | (72,423) |
Net Increase (Decrease)—Institutional Plus Shares | 370,516 | 26,655 | 179,951 | 11,227 |
G. Management has determined that no material events or transactions occurred subsequent to December 31, 2017, that would require recognition or disclosure in these financial statements.
71
Report of Independent Registered
Public Accounting Firm
To the Board of Trustees of Vanguard Bond Index Funds and Shareholders of Vanguard
Short-Term Bond Index Fund, Vanguard Intermediate-Term Bond Index Fund and Vanguard
Long-Term Bond Index Fund
Opinions on the Financial Statements
We have audited the accompanying statements of net assets—investments summary of
Vanguard Short-Term Bond Index Fund, Vanguard Intermediate-Term Bond Index Fund and
Vanguard Long-Term Bond Index Fund (three of the funds constituting Vanguard Bond Index
Funds, hereafter collectively referred to as the “Funds”) as of December 31, 2017, the related
statements of operations for the year ended December 31, 2017, the statements of changes
in net assets for each of the two years in the period ended December 31, 2017, including
the related notes, and the financial highlights for each of the five years in the period ended
December 31, 2017 (collectively referred to as the “financial statements”). In our opinion,
the financial statements present fairly, in all material respects, the financial position of each
of the Funds as of December 31, 2017, the results of each of their operations for the year
then ended, the changes in each of their net assets for each of the two years in the period
ended December 31, 2017 and each of the financial highlights for each of the five years in
the period ended December 31, 2017 in conformity with accounting principles generally
accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility
is to express an opinion on the Funds’ financial statements based on our audits. We are a public
accounting firm registered with the Public Company Accounting Oversight Board (United States)
(“PCAOB”) and are required to be independent with respect to the Funds in accordance with
the U.S. federal securities laws and the applicable rules and regulations of the Securities and
Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of
the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements are free of material misstatement, whether
due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the
financial statements, whether due to error or fraud, and performing procedures that respond to
those risks. Such procedures included examining, on a test basis, evidence regarding the amounts
and disclosures in the financial statements. Our audits also included evaluating the accounting
principles used and significant estimates made by management, as well as evaluating the overall
presentation of the financial statements. Our procedures included confirmation of securities owned
as of December 31, 2017 by correspondence with the custodian and brokers and by agreement
to the underlying ownership records of the transfer agent; when replies were not received from
brokers, we performed other auditing procedures. We believe that our audits provide a reasonable
basis for our opinions.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
February 14, 2018
We have served as the auditor of one or more investment companies in The Vanguard Group
of Funds since 1975.
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Special 2017 tax information (unaudited) for Vanguard Short-Term Bond Index Fund
This information for the fiscal year ended December 31, 2017, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $1,440,000 as capital gain dividends (20% rate gain distributions) to shareholders during the fiscal year.
For nonresident alien shareholders, 84.2% of income dividends are interest-related dividends.
Special 2017 tax information (unaudited) for Vanguard Intermediate-Term Bond Index Fund
This information for the fiscal year ended December 31, 2017, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $36,310,000 as capital gain dividends (20% rate gain distributions) to shareholders during the fiscal year.
For nonresident alien shareholders, 84% of income dividends are interest-related dividends.
Special 2017 tax information (unaudited) for Vanguard Long-Term Bond Index Fund
This information for the fiscal year ended December 31, 2017, is included pursuant to provisions of the Internal Revenue Code.
The Fund distributed $336,000 as capital gain dividends (20% rate gain distributions) to shareholders during the fiscal year.
For nonresident alien shareholders, 82.9% of income dividends are interest-related dividends.
73
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“
• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
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Six Months Ended December 31, 2017 | |||
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
6/30/2017 | 12/31/2017 | Period | |
Based on Actual Fund Return | |||
Short-Term Bond Index Fund | |||
Investor Shares | $1,000.00 | $1,000.46 | $0.76 |
ETF Shares | 1,000.00 | 1,001.02 | 0.35 |
Admiral Shares | 1,000.00 | 1,000.86 | 0.35 |
Institutional Shares | 1,000.00 | 1,000.96 | 0.25 |
Institutional Plus Shares | 1,000.00 | 1,001.01 | 0.20 |
Intermediate-Term Bond Index Fund | |||
Investor Shares | $1,000.00 | $1,008.54 | $0.76 |
ETF Shares | 1,000.00 | 1,008.58 | 0.35 |
Admiral Shares | 1,000.00 | 1,008.95 | 0.35 |
Institutional Shares | 1,000.00 | 1,009.05 | 0.25 |
Institutional Plus Shares | 1,000.00 | 1,009.10 | 0.20 |
Long-Term Bond Index Fund | |||
Investor Shares | $1,000.00 | $1,042.30 | $0.77 |
ETF Shares | 1,000.00 | 1,042.75 | 0.36 |
Institutional Shares | 1,000.00 | 1,042.82 | 0.26 |
Institutional Plus Shares | 1,000.00 | 1,042.87 | 0.21 |
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Six Months Ended December 31, 2017 | |||
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
6/30/2017 | 12/31/2017 | Period | |
Based on Hypothetical 5% Yearly Return | |||
Short-Term Bond Index Fund | |||
Investor Shares | $1,000.00 | $1,024.45 | $0.77 |
ETF Shares | 1,000.00 | 1,024.85 | 0.36 |
Admiral Shares | 1,000.00 | 1,024.85 | 0.36 |
Institutional Shares | 1,000.00 | 1,024.95 | 0.26 |
Institutional Plus Shares | 1,000.00 | 1,025.00 | 0.20 |
Intermediate-Term Bond Index Fund | |||
Investor Shares | $1,000.00 | $1,024.45 | $0.77 |
ETF Shares | 1,000.00 | 1,024.85 | 0.36 |
Admiral Shares | 1,000.00 | 1,024.85 | 0.36 |
Institutional Shares | 1,000.00 | 1,024.95 | 0.26 |
Institutional Plus Shares | 1,000.00 | 1,025.00 | 0.20 |
Long-Term Bond Index Fund | |||
Investor Shares | $1,000.00 | $1,024.45 | $0.77 |
ETF Shares | 1,000.00 | 1,024.85 | 0.36 |
Institutional Shares | 1,000.00 | 1,024.95 | 0.26 |
Institutional Plus Shares | 1,000.00 | 1,025.00 | 0.20 |
The calculations are based on expenses incurred in the most recent six-month period. The funds’ annualized six-month expense ratios for that period are: for the Short-Term Bond Index Fund, 0.15% for Investor Shares, 0.07% for ETF Shares, 0.07% for Admiral Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares; for the Intermediate-Term Bond Index Fund, 0.15% for Investor Shares, 0.07% for ETF Shares, 0.07% for Admiral Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares; and for the Long-Term Bond Index Fund, 0.15% for Investor Shares, 0.07% for ETF Shares, 0.05% for Institutional Shares, and 0.04% for Institutional Plus Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/365).
76
Glossary
30-Day SEC Yield. A fund’s 30-day SEC yield is derived using a formula specified by the U.S. Securities and Exchange Commission. Under the formula, data related to the fund’s security holdings in the previous 30 days are used to calculate the fund’s hypothetical net income for that period, which is then annualized and divided by the fund’s estimated average net assets over the calculation period. For the purposes of this calculation, a security’s income is based on its current market yield to maturity (for bonds), its actual income (for asset-backed securities), or its projected dividend yield (for stocks). Because the SEC yield represents hypothetical annualized income, it will differ—at times significantly—from the fund’s actual experience. As a result, the fund’s income distributions may be higher or lower than implied by the SEC yield.
Average Coupon. The average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.
Average Duration. An estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average duration of five years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.
Average Effective Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures contracts held. In general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.
Beta. A measure of the magnitude of a fund’s past share-price fluctuations in relation to the ups and downs of a given market index. The index is assigned a beta of 1.00. Compared with a given index, a fund with a beta of 1.20 typically would have seen its share price rise or fall by 12% when the index rose or fell by 10%. For this report, beta is based on returns over the past 36 months for both the fund and the index. Note that a fund’s beta should be reviewed in conjunction with its R-squared (see definition). The lower the R-squared, the less correlation there is between the fund and the index, and the less reliable beta is as an indicator of volatility.
Credit Quality. Credit-quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). U.S. Treasury, U.S. Agency, and U.S. Agency mortgage-backed securities appear under “U.S. Government.” Credit-quality ratings are obtained from Barclays and are from Moody’s, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available.
Expense Ratio. A fund’s total annual operating expenses expressed as a percentage of the fund’s average net assets. The expense ratio includes management and administrative expenses, but does not include the transaction costs of buying and selling portfolio securities.
Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.
77
R-Squared. A measure of how much of a fund’s past returns can be explained by the returns from the market in general, as measured by a given index. If a fund’s total returns were precisely synchronized with an index’s returns, its R-squared would be 1.00. If the fund’s returns bore no relationship to the index’s returns, its R-squared would be 0. For this report, R-squared is based on returns over the past 36 months for both the fund and the index.
Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.
Yield to Maturity. The rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.
Benchmark Information
Spliced 1–5 Year Investment-Grade Debt Funds Average: Based on average returns for 1–5 Year U.S. Government Funds through December 31, 2001, and average returns for 1–5 Year Investment-Grade Debt Funds thereafter. Derived from data provided by Lipper, a Thomson Reuters Company.
Spliced Bloomberg Barclays U.S. 1–5 Year Government/Credit Float Adjusted Index:
Bloomberg Barclays U.S. 1–5 Year Government/Credit Bond Index through December 31, 2009; Bloomberg Barclays U.S. 1–5 Year Government/Credit Float Adjusted Index thereafter.
Spliced Bloomberg Barclays U.S. 5–10 Year Government/Credit Float Adjusted Index:
Bloomberg Barclays U.S. 5–10 Year Government/Credit Bond Index through December 31, 2009; Bloomberg Barclays U.S. 5–10 Year Government/Credit Float Adjusted Index thereafter.
Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index: Bloomberg Barclays U.S. Aggregate Bond Index through December 31, 2009; Bloomberg Barclays U.S. Aggregate Float Adjusted Index thereafter.
Spliced Bloomberg Barclays U.S. Long Government/Credit Float Adjusted Index: Bloomberg Barclays U.S. Long Government/Credit Bond Index through December 31, 2009; Bloomberg Barclays U.S. Long Government/Credit Float Adjusted Index thereafter.
Spliced Corporate A-Rated Debt Funds Average: Based on average returns for General Government Funds through December 31, 2001, and average returns for Corporate A-Rated Debt Funds thereafter. Derived from data provided by Lipper, a Thomson Reuters Company.
Spliced Intermediate Investment-Grade Debt Funds Average: Based on average returns for Intermediate U.S. Government Funds through December 31, 2001, Intermediate Investment-Grade Debt Funds through August 31, 2013, and Core Bond Funds thereafter.
78
BLOOMBERG is a trademark and service mark of Bloomberg Finance L.P. BARCLAYS is a trademark and service mark of Barclays Bank Plc, used under license. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL) (collectively, Bloomberg), or Bloomberg’s licensors, own all proprietary rights in the Bloomberg Barclays U.S. 1–5 Year Government/Credit Float Adjusted Index, the Bloomberg Barclays U.S. 5–10 Year Government/Credit Float Adjusted Index, and the Bloomberg Barclays U.S. Long Government/Credit Float Adjusted Index (the Indices or Bloomberg Barclays Indices).
Neither Barclays Bank Plc, Barclays Capital Inc., or any affiliate (collectively Barclays) or Bloomberg is the issuer or producer of the Bond Index Funds and neither Bloomberg nor Barclays has any responsibilities, obligations or duties to investors in the Bond Index Funds. The Indices are licensed for use by The Vanguard Group, Inc. (Vanguard) as the sponsor of the Bond Index Funds. Bloomberg and Barclays’ only relationship with Vanguard in respect of the Indices is the licensing of the Indices, which are determined, composed and calculated by BISL, or any successor thereto, without regard to the Issuer or the Bond Index Funds or the owners of the Bond Index Funds.
Additionally, Vanguard may for itself execute transaction(s) with Barclays in or relating to the Indices in connection with the Bond Index Funds. Investors acquire the Bond Index Funds from Vanguard and investors neither acquire any interest in the Indices nor enter into any relationship of any kind whatsoever with Bloomberg or Barclays upon making an investment in the Bond Index Funds. The Bond Index Funds are not sponsored, endorsed, sold or promoted by Bloomberg or Barclays. Neither Bloomberg nor Barclays makes any representation or warranty, express or implied regarding the advisability of investing in the Bond Index Funds or the advisability of investing in securities generally or the ability of the Indices to track corresponding or relative market performance. Neither Bloomberg nor Barclays has passed on the legality or suitability of the Bond Index Funds with respect to any person or entity. Neither Bloomberg nor Barclays is responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Bond Index Funds to be issued. Neither Bloomberg nor Barclays has any obligation to take the needs of the Issuer or the owners of the Bond Index Funds or any other third party into consideration in determining, composing or calculating the Indices. Neither Bloomberg nor Barclays has any obligation or liability in connection with administration, marketing or trading of the Bond Index Funds.
The licensing agreement between Bloomberg and Barclays is solely for the benefit of Bloomberg and Barclays and not for the benefit of the owners of the Bond Index Funds, investors or other third parties. In addition, the licensing agreement between Vanguard and Bloomberg is solely for the benefit of Vanguard and Bloomberg and not for the benefit of the owners of the Bond Index Funds, investors or other third parties.
NEITHER BLOOMBERG NOR BARCLAYS SHALL HAVE ANY LIABILITY TO THE ISSUER, INVESTORS OR TO OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE BLOOMBERG BARCLAYS INDICES OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE BLOOMBERG BARCLAYS INDICES. NEITHER BLOOMBERG NOR BARCLAYS MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE BLOOMBERG BARCLAYS INDICES OR ANY DATA INCLUDED THEREIN. NEITHER BLOOMBERG NOR BARCLAYS MAKES ANY EXPRESS OR IMPLIED WARRANTIES, AND EACH HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BLOOMBERG BARCLAYS INDICES OR ANY DATA INCLUDED THEREIN. BLOOMBERG RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF THE BLOOMBERG BARCLAYS INDICES, AND NEITHER BLOOMBERG NOR BARCLAYS SHALL BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO THE BLOOMBERG BARCLAYS INDICES. NEITHER BLOOMBERG NOR BARCLAYS SHALL BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS AND EVEN IF ADVISED OF THE POSSIBLITY OF SUCH, RESULTING FROM THE USE OF THE BLOOMBERG BARCLAYS INDICES OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE BOND INDEX FUNDS.
None of the information supplied by Bloomberg or Barclays and used in this publication may be reproduced in any manner without the prior written permission of both Bloomberg and Barclays Capital, the investment banking division of Barclays Bank Plc. Barclays Bank Plc is registered in England No. 1026167. Registered office 1 Churchill Place London E14 5HP.
© 2017 Bloomberg. Used with Permission.
Source: Bloomberg Index Services Limited. Copyright 2017, Bloomberg. All rights reserved.
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 201 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
F. William McNabb III
Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years and Other Experience: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Chief Executive Officer and Director of The Vanguard Group and President and Chief Executive Officer of each of the investment companies served by The Vanguard Group, since 2008; Director of Vanguard Marketing Corporation; President of The Vanguard Group (2008–2017); Managing Director of The Vanguard Group (1995–2008).
Independent Trustees
Emerson U. Fullwood
Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (document management products and services);
Executive in Residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology; Lead Director of SPX FLOW, Inc. (multi-industry manufacturing); Director of the United Way of Rochester, the University of Rochester Medical Center, Monroe Community College Foundation, North Carolina A&T University, and Roberts Wesleyan College; Trustee of the University of Rochester.
Rajiv L. Gupta
Born 1945. Trustee Since December 2001.2 Principal Occupation(s) During the Past Five Years and Other Experience: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Director of Arconic Inc. (diversified manufacturer), HP Inc. (printer and personal computer manufacturing), and Delphi Automotive plc (automotive components); Senior Advisor at New Mountain Capital.
Amy Gutmann
Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years and Other Experience: President of the University of Pennsylvania; Christopher H. Browne
1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the
Vanguard funds.
2 December 2002 for Vanguard Equity Income Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.
Distinguished Professor of Political Science, School of Arts and Sciences, and Professor of Communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania; Trustee of the National Constitution Center.
JoAnn Heffernan Heisen
Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years and Other Experience: Corporate Vice President and Member of the Executive Committee (1997–2008), Chief Global Diversity Officer (retired 2008), Vice President and Chief Information Officer (1997–2006), Controller (1995–1997), Treasurer (1991–1995), and Assistant Treasurer (1989–1991) of Johnson & Johnson (pharmaceuticals/medical devices/ consumer products); Director of Skytop Lodge Corporation (hotels) and the Robert Wood Johnson Foundation; Member of the Advisory Board of the Institute for Women’s Leadership at Rutgers University.
F. Joseph Loughrey
Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2009) of Cummins Inc. (industrial machinery); Chairman of the Board of Hillenbrand, Inc. (specialized consumer services), Oxfam America, and the Lumina Foundation for Education; Director of the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and Chair of the Advisory Board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born 1953. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Senior Vice President and Chief Financial Officer (retired 2013) at IBM (information technology services); Fiduciary Member of IBM’s Retirement Plan Committee (2004–2013); Member of the Council on Chicago Booth.
Scott C. Malpass
Born 1962. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Chief Investment Officer and Vice President at the University of Notre Dame; Assistant Professor of Finance at the Mendoza College of Business at Notre Dame; Member of the Notre Dame 403(b) Investment Committee, the Board of Advisors for Spruceview Capital Partners, the Board of Catholic Investment Services, Inc. (investment advisor), and the Board of Superintendence of the Institute for the Works of Religion; Chairman of the Board of TIFF Advisory Services, Inc. (investment advisor).
André F. Perold
Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years and Other Experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011); Chief Investment Officer and Co-Managing Partner of HighVista Strategies LLC (private investment firm); Overseer of the Museum of Fine Arts Boston.
Peter F. Volanakis
Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2010) of Corning Incorporated (communications equipment); Chairman of the Board of Trustees of Colby-Sawyer College; Member of the Board of Hypertherm, Inc. (industrial cutting systems, software, and consumables).
Executive Officers
Glenn Booraem
Born 1967. Investment Stewardship Officer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer (2015–2017), Controller (2010–2015), and Assistant Controller (2001–2010) of each of the investment companies served by The Vanguard Group.
Christine M. Buchanan
Born 1970. Treasurer Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Global Head of Vanguard Fund Administration at The Vanguard Group; Partner at KPMG LLP (2005–2017).
Thomas J. Higgins
Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).
Peter Mahoney
Born 1974. Controller Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Controller of each of the investment companies served by The Vanguard Group; Head of International Fund Services at The Vanguard Group (2008–2014).
Anne E. Robinson
Born 1970. Secretary Since September 2016. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; General Counsel of The Vanguard Group; Secretary of The Vanguard Group
and of each of the investment companies served by The Vanguard Group; Director and Senior Vice President of Vanguard Marketing Corporation; Managing Director and General Counsel of Global Cards and Consumer Services at Citigroup (2014–2016); Counsel at American Express (2003–2014).
Michael Rollings
Born 1963. Finance Director Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; Director of Vanguard Marketing Corporation; Treasurer of each of the investment companies served by The Vanguard Group (February 2017–November 2017); Executive Vice President and Chief Financial Officer of MassMutual Financial Group (2006–2016).
Vanguard Senior Management Team | |
Mortimer J. Buckley | Chris D. McIsaac |
Gregory Davis | James M. Norris |
John James | Thomas M. Rampulla |
Martha G. King | Karin A. Risi |
John T. Marcante | |
Chairman Emeritus and Senior Advisor | |
John J. Brennan | |
Chairman, 1996–2009 | |
Chief Executive Officer and President, 1996–2008 | |
Founder | |
John C. Bogle | |
Chairman and Chief Executive Officer, 1974–1996 |
P.O. Box 2600 | |
Connect with Vanguard® > vanguard.com | |
Fund Information > 800-662-7447 | |
Direct Investor Account Services > 800-662-2739 | |
Institutional Investor Services > 800-523-1036 | |
Text Telephone for People | |
Who Are Deaf or Hard of Hearing> 800-749-7273 | |
This material may be used in conjunction | |
with the offering of shares of any Vanguard | |
fund only if preceded or accompanied by | |
the fund’s current prospectus. | |
All comparative mutual fund data are from Lipper, a | |
Thomson Reuters Company, or Morningstar, Inc., unless | |
otherwise noted. | |
You can obtain a free copy of Vanguard’s proxy voting | |
guidelines by visiting vanguard.com/proxyreporting or by | |
calling Vanguard at 800-662-2739. The guidelines are | |
also available from the SEC’s website, sec.gov. In | |
addition, you may obtain a free report on how your fund | |
voted the proxies for securities it owned during the 12 | |
months ended June 30. To get the report, visit either | |
vanguard.com/proxyreporting or sec.gov. | |
You can review and copy information about your fund at | |
the SEC’s Public Reference Room in Washington, D.C. To | |
find out more about this public service, call the SEC at | |
202-551-8090. Information about your fund is also | |
available on the SEC’s website, and you can receive | |
copies of this information, for a fee, by sending a | |
request in either of two ways: via email addressed to | |
publicinfo@sec.gov or via regular mail addressed to the | |
Public Reference Section, Securities and Exchange | |
Commission, Washington, DC 20549-1520. | |
© 2018 The Vanguard Group, Inc. | |
All rights reserved. | |
Vanguard Marketing Corporation, Distributor. | |
Q3140 022018 |
Annual Report | December 31, 2017 |
Vanguard Total Bond Market Index Fund |
Vanguard’s Principles for Investing Success
We want to give you the best chance of investment success. These
principles, grounded in Vanguard’s research and experience, can put you on
the right path.
Goals. Create clear, appropriate investment goals.
Balance. Develop a suitable asset allocation using broadly diversified funds.
Cost. Minimize cost.
Discipline. Maintain perspective and long-term discipline.
A single theme unites these principles: Focus on the things you can control.
We believe there is no wiser course for any investor.
Contents | |
Your Fund’s Performance at a Glance. | 1 |
Chairman’s Perspective. | 3 |
Results of Proxy Voting. | 7 |
Fund Profile. | 9 |
Performance Summary. | 11 |
Financial Statements. | 14 |
About Your Fund’s Expenses. | 34 |
Glossary. | 36 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
See the Glossary for definitions of investment terms used in this report.
About the cover: Nautical images have been part of Vanguard’s rich heritage since its start in 1975. For an incoming ship, a lighthouse offers a beacon and safe path to shore. You can similarly depend on Vanguard to put you first––and light the way––as you strive to meet your financial goals. Our client focus and low costs, stemming from our unique ownership structure, assure that your interests are paramount.
Your Fund’s Performance at a Glance
• For the 12 months ended December 31, 2017, Vanguard Total Bond Market Index Fund returned 3.45% for Investor Shares. The result closely matched the benchmark index’s return of 3.63% after taking costs into account. The average return of peer funds was 3.56%.
• The yield curve flattened over the period. Solid economic data and a strong labor market prompted the Federal Reserve to raise the federal funds rate target three times in 2017. That pushed up short-term rates, while longer-term rates eased lower on dimmer longer-range prospects for faster economic growth and higher inflation.
• U.S. Treasuries returned about 2.3% and mortgage-backed securities slightly more than that. Corporate bonds returned about 6.4%, with their average yield over Treasuries narrowing a little amid the uptick in growth.
• Lower-quality investment-grade bonds outpaced higher-quality bonds.
• By maturity, long-term bonds significantly outpaced their intermediate- and short-term counterparts.
Total Returns: Fiscal Year Ended December 31, 2017 | ||||
30-Day SEC | Income | Capital | Total | |
Yield | Returns | Returns | Returns | |
Vanguard Total Bond Market Index Fund | ||||
Investor Shares | 2.45% | 2.46% | 0.99% | 3.45% |
ETF Shares | 2.56 | |||
Market Price | 3.54 | |||
Net Asset Value | 3.62 | |||
Admiral™ Shares | 2.56 | 2.57 | 0.99 | 3.56 |
Institutional Shares | 2.56 | 2.58 | 0.99 | 3.57 |
Institutional Plus Shares | 2.58 | 2.59 | 0.99 | 3.58 |
Institutional Select Shares | 2.59 | 2.61 | 0.99 | 3.60 |
Bloomberg Barclays U.S. Aggregate Float Adjusted Index | 3.63 | |||
Core Bond Funds Average | 3.56 |
Core Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Admiral Shares carry lower expenses and are available to investors who meet certain account-balance requirements. Institutional Shares, Institutional Plus Shares, and Institutional Select Shares are available to certain institutional investors who meet specific administrative, service, and account-size criteria. The Vanguard ETF® Shares shown are traded on the NYSE Arca exchange and are available only through brokers. The table provides ETF returns based on both the NYSE Arca market price and the net asset value for a share. U.S. Pat. Nos. 6,879,964; 7,337,138; 7,720,749; 7,925,573; 8,090,646; and 8,417,623.
For the ETF Shares, the market price is determined by the midpoint of the bid-offer spread as of the closing time of the New York Stock Exchange (generally 4 p.m., Eastern time). The net asset value is also determined as of the NYSE closing time. For more information about how the ETF Shares' market prices have compared with their net asset value, visit vanguard.com, select your ETF, and then select the Price and Performance tab. The ETF premium/discount analysis there shows the percentages of days on which the ETF Shares' market price was above or below the NAV.
Total Returns: Ten Years Ended December 31, 2017 | |
Average | |
Annual Return | |
Total Bond Market Index Fund Investor Shares | 3.84% |
Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index | 4.03 |
Spliced Intermediate Investment-Grade Debt Funds Average | 3.72 |
For a benchmark description, see the Glossary.
Spliced Intermediate Investment-Grade Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
The figures shown represent past performance, which is not a guarantee of future results. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost.
Expense Ratios | |||||||
Your Fund Compared With Its Peer Group | |||||||
Investor | ETF | Admiral | Institutional | Institutional | Institutional | Peer Group | |
Shares | Shares | Shares | Shares | Plus Shares | Select Shares | Average | |
Total Bond Market | |||||||
Index Fund | 0.15% | 0.05% | 0.05% | 0.04% | 0.03% | 0.01% | 0.78% |
The fund expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the fund’s expense ratios were 0.15% for Investor Shares, 0.05% for ETF Shares, 0.05% for Admiral Shares, 0.04% for Institutional Shares, 0.03% for Institutional Plus Shares, and 0.01% for Institutional Select Shares. The peer-group expense ratio is derived from data provided by Lipper, a Thomson Reuters Company, and captures information through year-end 2016.
Peer group: Core Bond Funds Average.
2
Chairman’s Perspective
Bill McNabb
Chairman
Dear Shareholder,
Lately I’ve been asked a lot about my legacy. And candidly, that phrase bugs me—it isn’t my legacy. Vanguard’s success is a result of thousands of my colleagues committing to a clear mission: helping investors achieve their financial goals.
The reason the topic has come up is that on December 31, 2017, I officially stepped down as Vanguard’s CEO after almost a decade in that role. I’ll remain chairman for a period to be determined by the board of directors. Tim Buckley, who was previously Vanguard’s president and chief investment officer, was elected CEO. I can’t think of a better successor.
I’ve spent 32 years at Vanguard—almost my entire professional life—and during that time I’ve had the good fortune of working with smart, principled colleagues from across the world. I’ve learned from each of them.
In particular, I would like to thank Jack Bogle, our founder, who took a chance on me when I was a young business school graduate, and Jack Brennan, my predecessor as CEO, who constantly challenged me with new roles and responsibilities.
When you’re just starting out, there is nothing quite like getting votes of confidence from people you respect.
The short list
A milestone like this naturally brings about some reflection. With that in mind, here’s a tally—by no means exhaustive—of the accomplishments that we at Vanguard are proud of:
Low costs. Over the last decade, we cut our average asset-weighted expense ratio by about 50%.1 This isn’t a result of some contrived price war. Since its founding, Vanguard has emphasized the benefits
of low-cost investing. As Jack Bogle once said: “The honest steward who charges least, wins most. But not for himself; for those investors who entrust their assets to his care. It is not all that complicated.”
Global diversification. Through our thought leadership and investment options, such as our target-date funds, Vanguard has encouraged clients to obtain exposure to international markets.
Global diversification isn’t just about helping to control risk—it can also be a way of expanding your set of opportunities and harnessing the potential of all markets.
Market Barometer | |||
Average Annual Total Returns | |||
Periods Ended December 31, 2017 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 21.69% | 11.23% | 15.71% |
Russell 2000 Index (Small-caps) | 14.65 | 9.96 | 14.12 |
Russell 3000 Index (Broad U.S. market) | 21.13 | 11.12 | 15.58 |
FTSE All-World ex US Index (International) | 27.11 | 8.27 | 7.19 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index | |||
(Broad taxable market) | 3.54% | 2.24% | 2.10% |
Bloomberg Barclays Municipal Bond Index | |||
(Broad tax-exempt market) | 5.45 | 2.98 | 3.02 |
Citigroup Three-Month U.S. Treasury Bill Index | 0.84 | 0.37 | 0.23 |
CPI | |||
Consumer Price Index | 2.11% | 1.64% | 1.43% |
1 Source: Vanguard calculation, based on data from Morningstar, Inc., as of December 31, 2016.
4
I’ve been glad to see more and more clients embracing global diversification. I believe this trend will continue as Vanguard’s way of investing takes hold in international markets.
Affordable advice. In the wake of the 2008–2009 Global Financial Crisis, we began working on a new advice model. In 2015, we launched Vanguard Personal Advisor Services®, a hybrid advice offering that delivers value through a combination of a professional advisor and powerful digital technology at a competitive price.
Across the industry, we’ve seen the cost of providing advice coming down. Traditional advisors are embracing low-cost investments, and that, in turn, helps them reduce costs for their own clients. This is a trend that all of us at Vanguard would like to see continue.
Great people. I’ve interacted with hundreds of companies of all sizes and in all industries, and the one quality that sets Vanguard apart from most of them is our emphasis on people. It’s a testament to our culture that colleagues spend 15, 20, or, as in my case, more than 30 years of their professional lives here. Investors benefit because we have consistent, experienced fund management teams and a deep bench of talent that ensures that things go smoothly when it’s time for a transition.
We’ve done a great job attracting new talent, too. We made some notable additions to senior management in the last two years, and we’re continuously grooming our next generation of leaders.
Ready for what comes next
When I was contemplating coming to work at Vanguard, I sat down with my rowing coach at his home in Philadelphia. Over cheesesteaks, he told me that the most important thing was to work for a company that had the same values I held deeply. He was like a second father to me, so I trusted his judgment at a time when I wasn’t so sure about my own. Back then, I never could have anticipated the success Vanguard would have in the coming decades.
I’m no better at predicting the future now. Vanguard has enjoyed significant growth in the last few years, and that presents its own unique set of challenges and opportunities, such as the role we’re playing in advocating for better corporate governance among companies our funds invest in. And the asset management industry is confronting significant changes brought on by technology, shifting demographics, and new regulations.
Although the future is uncertain, I’m confident that Vanguard is well-prepared to tackle whatever comes its way. And one thing I’m sure of: There are big parts of the world that would be well-served by our way of investing.
5
It’s humbling to think about the impact the work we do at Vanguard has on clients who are trying to raise a family, buy a first home, save for college, or prepare for retirement. I’ve always tried to make decisions with investors’ best interests in mind. It has been a privilege working with people who hold to that same ideal.
Thank you for entrusting us with your assets.
Sincerely,
F. William McNabb III
Chairman
January 1, 2018
6
Results of Proxy Voting
At a special meeting of shareholders on November 15, 2017, fund shareholders approved the following proposals:
Proposal 1—Elect trustees for the fund.*
The individuals listed in the table below were elected as trustees for the fund. All trustees with the exception of Ms. Mulligan, Ms. Raskin, and Mr. Buckley (each of whom already serves as a director of The Vanguard Group, Inc.) served as trustees to the funds prior to the shareholder meeting.
Percentage | |||
Trustee | For | Withheld | For |
Mortimer J. Buckley | 26,722,274,549 | 429,483,723 | 98.4% |
Emerson U. Fullwood | 26,714,366,172 | 437,392,100 | 98.4% |
Amy Gutmann | 26,712,915,408 | 438,842,863 | 98.4% |
JoAnn Heffernan Heisen | 26,721,561,272 | 430,196,999 | 98.4% |
F. Joseph Loughrey | 26,717,701,002 | 434,057,269 | 98.4% |
Mark Loughridge | 26,720,437,223 | 431,321,049 | 98.4% |
Scott C. Malpass | 26,702,773,184 | 448,985,088 | 98.3% |
F. William McNabb III | 26,712,434,734 | 439,323,538 | 98.4% |
Deanna Mulligan | 26,719,931,246 | 431,827,026 | 98.4% |
André F. Perold | 26,676,518,168 | 475,240,103 | 98.3% |
Sarah Bloom Raskin | 26,713,372,343 | 438,385,928 | 98.4% |
Peter F. Volanakis | 26,706,957,628 | 444,800,644 | 98.4% |
* Results are for all funds within the same trust. |
Proposal 2—Approve a manager-of-managers arrangement with third-party investment advisors.
This arrangement enables the fund to enter into and materially amend investment advisory arrangements with third-party investment advisors, subject to the approval of the fund’s board of trustees and certain conditions imposed by the Securities and Exchange Commission, while avoiding the costs and delays associated with obtaining future shareholder approval.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Total Bond Market | |||||
Index Fund | 8,570,955,323 | 443,571,055 | 317,561,657 | 788,366,690 | 84.7% |
7
Proposal 3—Approve a manager-of-managers arrangement with wholly owned subsidiaries of Vanguard.
This arrangement enables Vanguard or the fund to enter into and materially amend investment advisory arrangements with wholly owned subsidiaries of Vanguard, subject to the approval of the fund’s board of trustees and any conditions imposed by the Securities and Exchange Commission (SEC), while avoiding the costs and delays associated with obtaining future shareholder approval. The ability of the fund to operate in this manner is contingent upon the SEC’s approval of a pending application for an order of exemption.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Total Bond Market | |||||
Index Fund | 8,657,891,840 | 420,725,267 | 253,470,929 | 788,366,690 | 85.5% |
Fund shareholders did not approve the following proposal:
Proposal 7—Institute transparent procedures to avoid holding investments in companies that, in management’s judgment, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. Such procedures may include time-limited engagement with problem companies if management believes that their behavior can be changed.
The trustees recommended a vote against the proposal for the following reasons: (1) Vanguard is fully compliant with all applicable U.S. laws and regulations that prohibit the investment in any company owned or controlled by the government of Sudan; (2) the addition of further investment constraints is not in fund shareholders’ best interests if those constraints are unrelated to a fund’s stated investment objective, policies, and strategies; and (3) divestment is an ineffective means to implement social change, as it often puts the shares into the hands of another owner with no direct impact to the company’s capitalization.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Total Bond Market | |||||
Index Fund | 1,852,140,093 | 888,394,816 | 6,591,553,127 | 788,366,689 | 18.3% |
8
Total Bond Market Index Fund
Fund Profile
As of December 31, 2017
Share-Class Characteristics | ||||||
Investor | Admiral | Institutional | Institutional | Institutional | ||
Shares | ETF Shares | Shares | Shares | Plus Shares | Select Shares | |
Ticker Symbol | VBMFX | BND | VBTLX | VBTIX | VBMPX | VTBSX |
Expense Ratio1 | 0.15% | 0.05% | 0.05% | 0.04% | 0.03% | 0.01% |
30-Day SEC Yield | 2.45% | 2.56% | 2.56% | 2.56% | 2.58% | 2.59% |
Financial Attributes | ||
Bloomberg | ||
Barclays U.S. | ||
Aggregate | ||
Float Adjusted | ||
Fund | Index | |
Number of Bonds | 8,345 | 9,706 |
Yield to Maturity | ||
(before expenses) | 2.7% | 2.7% |
Average Coupon | 3.0% | 3.0% |
Average Duration | 6.1 years | 6.1 years |
Average Effective | ||
Maturity | 8.4 years | 8.3 years |
Short-Term | ||
Reserves | 2.5% | — |
Sector Diversification (% of portfolio) | |
Asset-Backed | 0.4% |
Commercial Mortgage-Backed | 1.8 |
Finance | 8.9 |
Foreign | 5.5 |
Government Mortgage-Backed | 21.3 |
Industrial | 17.4 |
Treasury/Agency | 42.5 |
Utilities | 2.0 |
Other | 0.2 |
The agency and mortgage-backed securities sectors may include issues from government-sponsored enterprises; such issues are generally not backed by the full faith and credit of the U.S. government.
Volatility Measures | |
Bloomberg | |
Barclays U.S. | |
Aggregate | |
Float Adjusted | |
Index | |
R-Squared | 0.99 |
Beta | 1.04 |
These measures show the degree and timing of the fund’s fluctuations compared with the index over 36 months.
Distribution by Credit Quality (% of portfolio) | |
U.S. Government | 63.9% |
Aaa | 5.3 |
Aa | 3.6 |
A | 12.5 |
Baa | 14.7 |
Credit-quality ratings are obtained from Barclays and are from Moody's, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. For more information about these ratings, see the Glossary entry for Credit Quality.
Distribution by Effective Maturity | |
(% of portfolio) | |
Under 1 Year | 0.5% |
1 - 3 Years | 22.4 |
3 - 5 Years | 20.3 |
5 - 10 Years | 39.4 |
10 - 20 Years | 3.8 |
20 - 30 Years | 13.0 |
Over 30 Years | 0.6 |
1 The expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the expense ratios were 0.15% for Investor Shares, 0.05% for ETF Shares, 0.05% for Admiral Shares, 0.04% for Institutional Shares, 0.03% for Institutional Plus Shares, and 0.01% for Institutional Select Shares.
9
Total Bond Market Index Fund
Investment Focus
10
Total Bond Market Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: December 31, 2007, Through December 31, 2017
Initial Investment of $10,000
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Total Bond Market Index Fund | ||||
Investor Shares | 3.45% | 1.91% | 3.84% | $14,571 |
Spliced Bloomberg Barclays U.S. | ||||
Aggregate Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
Spliced Intermediate | ||||
Investment-Grade Debt Funds | ||||
Average | 3.56 | 1.96 | 3.72 | 14,412 |
For a benchmark description, see the Glossary.
Spliced Intermediate Investment-Grade Debt Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Total Bond Market Index Fund ETF Shares | ||||
Net Asset Value | 3.62% | 2.04% | 3.95% | $14,725 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
See Financial Highlights for dividend and capital gains information.
11
Total Bond Market Index Fund
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Total Bond Market Index Fund Admiral Shares | 3.56% | 2.02% | 3.95% | $14,727 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 14,845 |
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
Total Bond Market Index Fund Institutional | ||||
Shares | 3.57% | 2.03% | 3.97% | $7,380,934 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 7,422,440 |
Final Value | ||||
One | Five | Ten | of a $100,000,000 | |
Year | Years | Years | Investment | |
Total Bond Market Index Fund Institutional | ||||
Plus Shares | 3.58% | 2.05% | 3.98% | $147,792,586 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 4.03 | 148,448,796 |
The creation of the Institutional Plus Shares occurred on February 5, 2010, when Vanguard Total Bond Market Index Fund acquired the net assets of Vanguard Institutional Total Bond Market Index Fund. For the periods ended December 31, 2017, the returns and other data shown in the table above reflect a blend of historical performance of the fund’s Institutional Shares prior to February 5, 2010, and of the Institutional Plus Shares from then on.
Since | Final Value | ||
One | Inception | of a $3,000,000,000 | |
Year | (6/24/2016) | Investment | |
Total Bond Market Index Fund Institutional | |||
Select Shares | 3.60% | 0.87% | $3,039,606,703 |
Bloomberg Barclays U.S. Aggregate | |||
Float Adjusted Index | 3.63 | 0.98 | 3,069,800,134 |
"Since Inception" performance is calculated from the Institutional Select Shares’ inception date for both the fund and its comparative standard.
12
Total Bond Market Index Fund
Cumulative Returns of ETF Shares: December 31, 2007, Through December 31, 2017 | |||
One | Five | Ten | |
Year | Years | Years | |
Total Bond Market Index Fund ETF Shares Market | |||
Price | 3.54% | 10.56% | 46.54% |
Total Bond Market Index Fund ETF Shares Net | |||
Asset Value | 3.62 | 10.62 | 47.25 |
Spliced Bloomberg Barclays U.S. Aggregate Float | |||
Adjusted Index | 3.63 | 10.98 | 48.45 |
Fiscal-Year Total Returns (%): December 31, 2007, Through December 31, 2017 | ||||
Spliced | ||||
Bloomberg | ||||
Barclays | ||||
Aggregate | ||||
Investor Shares | FA Index | |||
Fiscal Year | Income Returns | Capital Returns | Total Returns | Total Returns |
2008 | 4.85% | 0.20% | 5.05% | 5.24% |
2009 | 4.26 | 1.67 | 5.93 | 5.93 |
2010 | 3.55 | 2.87 | 6.42 | 6.58 |
2011 | 3.30 | 4.26 | 7.56 | 7.92 |
2012 | 2.63 | 1.42 | 4.05 | 4.32 |
2013 | 2.29 | -4.55 | -2.26 | -1.97 |
2014 | 2.55 | 3.21 | 5.76 | 5.85 |
2015 | 2.32 | -2.02 | 0.30 | 0.44 |
2016 | 2.36 | 0.14 | 2.50 | 2.75 |
2017 | 2.46 | 0.99 | 3.45 | 3.63 |
For a benchmark description, see the Glossary. |
13
Total Bond Market Index Fund
Financial Statements
Statement of Net Assets—Investments Summary
As of December 31, 2017
This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.
The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the complete listing of the fund’s holdings is available electronically on vanguard.com and on the Securities and Exchange Commission’s website (sec.gov), or you can have it mailed to you without charge by calling 800-662-7447. For the first and third fiscal quarters, the fund files the lists with the SEC on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).
Face | Market | Percentage | ||||
Maturity | Amount | Value • | of Net | |||
Coupon | Date | ($000) | ($000) | Assets | ||
U.S. Government and Agency Obligations | ||||||
U.S. Government Securities | ||||||
United States Treasury Note/Bond | 2.125% | 5/15/25 | 976,902 | 961,789 | 0.5% | |
United States Treasury Note/Bond | 2.250% | 11/15/27 | 933,151 | 919,732 | 0.5% | |
United States Treasury Note/Bond | 2.625% | 11/15/20 | 853,684 | 869,025 | 0.4% | |
United States Treasury Note/Bond | 1.375% | 2/15/20 | 858,024 | 848,637 | 0.4% | |
1 | United States Treasury Note/Bond | 1.750% | 5/15/23 | 846,053 | 825,164 | 0.4% |
United States Treasury Note/Bond | 2.125% | 12/31/22 | 807,558 | 804,150 | 0.4% | |
United States Treasury Note/Bond | 1.625% | 3/15/20 | 796,130 | 791,401 | 0.4% | |
United States Treasury Note/Bond | 3.625% | 8/15/19 | 766,942 | 788,156 | 0.4% | |
United States Treasury Note/Bond | 1.750% | 2/28/22 | 781,447 | 769,241 | 0.4% | |
United States Treasury Note/Bond | 1.000% | 3/15/19 | 769,600 | 761,904 | 0.4% | |
United States Treasury Note/Bond | 2.250% | 11/15/25 | 750,907 | 744,104 | 0.4% | |
United States Treasury Note/Bond | 2.500% | 5/15/46 | 779,992 | 741,843 | 0.4% | |
United States Treasury Note/Bond | 1.500% | 10/31/19 | 741,575 | 736,592 | 0.4% | |
United States Treasury Note/Bond | 2.000% | 11/30/22 | 726,050 | 719,581 | 0.4% | |
United States Treasury Note/Bond | 1.250% | 3/31/21 | 709,298 | 691,785 | 0.4% | |
United States Treasury Note/Bond | 2.875% | 11/15/46 | 660,620 | 677,545 | 0.3% | |
United States Treasury Note/Bond | 1.625% | 5/15/26 | 716,160 | 674,536 | 0.3% | |
United States Treasury Note/Bond | 2.500% | 5/15/24 | 657,918 | 665,320 | 0.3% | |
United States Treasury Note/Bond | 1.625% | 2/15/26 | 694,677 | 655,817 | 0.3% | |
United States Treasury Note/Bond | 1.750% | 11/15/20 | 650,670 | 646,909 | 0.3% | |
United States Treasury Note/Bond | 0.750% | 2/15/19 | 652,862 | 644,904 | 0.3% | |
United States Treasury Note/Bond | 2.125% | 2/29/24 | 632,624 | 626,298 | 0.3% | |
United States Treasury Note/Bond | 2.250% | 2/15/27 | 633,900 | 625,380 | 0.3% | |
United States Treasury Note/Bond | 2.000% | 8/15/25 | 638,325 | 621,971 | 0.3% | |
United States Treasury Note/Bond | 3.125% | 5/15/19 | 606,834 | 617,168 | 0.3% | |
United States Treasury Note/Bond | 2.250% | 11/15/24 | 618,614 | 615,230 | 0.3% | |
United States Treasury Note/Bond | 2.750% | 11/15/42 | 607,599 | 610,923 | 0.3% | |
United States Treasury Note/Bond | 1.500% | 8/15/20 | 601,959 | 595,374 | 0.3% | |
United States Treasury Note/Bond | 2.750% | 8/15/42 | 588,040 | 591,621 | 0.3% |
14
Total Bond Market Index Fund
Face | Market | Percentage | ||||
Maturity | Amount | Value • | of Net | |||
Coupon | Date | ($000) | ($000) | Assets | ||
United States Treasury Note/Bond | 3.000% | 5/15/45 | 559,279 | 587,332 | 0.3% | |
United States Treasury Note/Bond | 3.375% | 11/15/19 | 569,133 | 584,784 | 0.3% | |
United States Treasury Note/Bond | 2.750% | 8/15/47 | 567,283 | 567,816 | 0.3% | |
United States Treasury Note/Bond | 1.500% | 8/15/26 | 607,414 | 564,895 | 0.3% | |
United States Treasury Note/Bond | 0.875% | 5/15/19 | 567,645 | 560,283 | 0.3% | |
United States Treasury Note/Bond | 1.250% | 1/31/20 | 553,500 | 546,321 | 0.3% | |
United States Treasury Note/Bond | 1.125% | 9/30/21 | 564,411 | 544,566 | 0.3% | |
United States Treasury Note/Bond | 1.000% | 11/15/19 | 536,465 | 527,833 | 0.3% | |
United States Treasury Note/Bond | 1.875% | 2/28/22 | 531,386 | 525,573 | 0.3% | |
United States Treasury Note/Bond | 1.875% | 7/31/22 | 530,907 | 523,607 | 0.3% | |
United States Treasury Note/Bond | 3.500% | 5/15/20 | 501,005 | 519,247 | 0.3% | |
United States Treasury Note/Bond | 2.125% | 11/30/24 | 515,680 | 508,832 | 0.3% | |
United States Treasury Note/Bond | 2.125% | 9/30/24 | 515,058 | 508,537 | 0.3% | |
United States Treasury Note/Bond | 2.250% | 8/15/27 | 514,644 | 507,243 | 0.3% | |
United States Treasury Note/Bond | 1.500% | 11/30/19 | 503,150 | 499,532 | 0.3% | |
United States Treasury Note/Bond | 1.250% | 10/31/21 | 514,864 | 498,774 | 0.3% | |
1 | United States Treasury Note/Bond | 3.625% | 2/15/20 | 477,635 | 494,648 | 0.2% |
United States Treasury Note/Bond | 1.875% | 9/30/22 | 499,170 | 491,917 | 0.2% | |
1 | United States Treasury | |||||
Note/Bond | 0.750%–8.875% | 11/15/18–11/15/47 | 47,665,945 | 48,638,215 | 24.8% | |
79,042,055 | 40.4% | |||||
Agency Bonds and Notes | ||||||
2 | Federal Home Loan | |||||
Mortgage Corp. | 0.000%–6.750% | 3/27/19–7/15/32 | 933,887 | 973,734 | 0.5% | |
2 | Federal National | |||||
Mortgage Assn. | 0.000%–7.250% | 12/14/18–7/15/37 | 1,465,054 | 1,497,427 | 0.8% | |
Agency Bonds and | ||||||
Notes—Other † | 1,285,046 | 0.6% | ||||
3,756,207 | 1.9% | |||||
Conventional Mortgage-Backed Securities | ||||||
2,3,4 Fannie Mae Pool | 3.500% | 1/1/48 | 547,015 | 561,801 | 0.3% | |
2,3,4 Fannie Mae Pool | 2.000%–9.500% | 1/1/18–1/1/48 | 16,332,118 | 16,887,786 | 8.6% | |
2,3,4 Freddie Mac Gold Pool | 3.500% | 1/1/48 | 645,345 | 662,789 | 0.3% | |
2,3,4 Freddie Mac Gold Pool | 2.000%–10.000% | 1/1/18–2/1/48 | 10,256,612 | 10,574,095 | 5.4% | |
2,3 | Freddie Mac Non | |||||
Gold Pool | 9.500% | 3/1/20 | 1 | 1 | 0.0% | |
3,4 | Ginnie Mae I Pool | 3.000%���10.500% | 2/15/25–1/1/48 | 1,361,812 | 1,439,467 | 0.7% |
3,4 | Ginnie Mae II Pool | 3.500% | 1/1/48 | 903,445 | 934,361 | 0.5% |
3,4 | Ginnie Mae II Pool | 2.500%–8.500% | 4/20/18–1/1/48 | 10,307,127 | 10,667,685 | 5.5% |
41,727,985 | 21.3% | |||||
Nonconventional Mortgage-Backed Securities | ||||||
2,3 | Fannie Mae Pool | 2.124%–5.860% | 11/1/32–12/1/43 | 133,454 | 138,180 | 0.1% |
2,3 | Freddie Mac Non | |||||
Gold Pool | 2.386%–4.865% | 4/1/33–11/1/43 | 38,573 | 40,107 | 0.0% | |
3 | Ginnie Mae II Pool | 2.250%–3.500% | 6/20/29–1/20/44 | 43,283 | 44,514 | 0.0% |
222,801 | 0.1% | |||||
Total U.S. Government and Agency Obligations (Cost $124,965,760) | 124,749,048 | 63.7% | ||||
*, 5Asset-Backed/Commercial Mortgage-Backed Securities (Cost $4,793,122) † 4,791,045 | 2.5% |
15
Total Bond Market Index Fund
Market | Percentage | |||
Value• | of Net | |||
($000) | Assets | |||
Corporate Bonds | ||||
Finance | ||||
5 Banking † | 12,338,886 | 6.3% | ||
5 Brokerage † | 453,736 | 0.2% | ||
Finance Companies † | 540,151 | 0.3% | ||
5 Insurance † | 2,414,543 | 1.2% | ||
Other Finance † | 17,954 | 0.0% | ||
Real Estate Investment Trusts † | 1,366,573 | 0.7% | ||
17,131,843 | 8.7% | |||
Industrial | ||||
5 Basic Industry † | 1,770,363 | 0.9% | ||
5 Capital Goods † | 2,697,470 | 1.4% | ||
5 Communication † | 5,111,119 | 2.6% | ||
5 Consumer Cyclical † | 4,117,766 | 2.1% | ||
5 Consumer Noncyclical † | 8,573,580 | 4.4% | ||
5 Energy † | 5,116,912 | 2.6% | ||
Other Industrial † | 195,367 | 0.1% | ||
5 Technology † | 4,751,801 | 2.4% | ||
5 Transportation † | 1,240,723 | 0.6% | ||
33,575,101 | 17.1% | |||
Utilities | ||||
5 Electric † | 3,505,455 | 1.8% | ||
Natural Gas † | 269,557 | 0.2% | ||
Other Utility † | 49,185 | 0.0% | ||
3,824,197 | 2.0% | |||
Total Corporate Bonds (Cost $52,642,021) | 54,531,141 | 27.8% | ||
5Sovereign Bonds (Cost $9,251,476) † | 9,336,761 | 4.8% | ||
Taxable Municipal Bonds (Cost $1,253,803) † | 1,445,864 | 0.7% | ||
Coupon | Shares | |||
Temporary Cash Investment | ||||
Money Market Fund | ||||
6 Vanguard Market Liquidity Fund | ||||
(Cost $4,937,892) | 1.458% | 49,376,526 | 4,938,146 | 2.5% |
Total Investments (Cost $197,844,074) | 199,792,005 | 102.0% |
16
Total Bond Market Index Fund
Percentage | ||
Amount | of Net | |
($000) | Assets | |
Other Assets and Liabilities | ||
Other Assets | ||
Investment in Vanguard | 10,707 | |
Receivables for Investment Securities Sold | 439,303 | |
Receivables for Accrued Income | 1,180,771 | |
Receivables for Capital Shares Issued | 228,057 | |
Other Assets | 45,423 | |
Total Other Assets | 1,904,261 | 1.0% |
Liabilities | ||
Payables for Investment Securities Purchased | (5,359,635) | |
Payables for Capital Shares Redeemed | (347,247) | |
Payables for Distributions | (25,611) | |
Payables to Vanguard | (81,639) | |
Other Liabilities | (10,316) | |
Total Liabilities | (5,824,448) | (3.0%) |
Net Assets | 195,871,818 | 100.0% |
At December 31, 2017, net assets consisted of: | |
Amount | |
($000) | |
Paid-in Capital | 193,884,478 |
Overdistributed Net Investment Income | (6,243) |
Accumulated Net Realized Gains | 45,652 |
Unrealized Appreciation (Depreciation) | 1,947,931 |
Net Assets | 195,871,818 |
Investor Shares—Net Assets | |
Applicable to 480,355,429 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 5,165,688 |
Net Asset Value Per Share—Investor Shares | $10.75 |
ETF Shares—Net Assets | |
Applicable to 457,223,018 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 37,246,929 |
Net Asset Value Per Share—ETF Shares | $81.46 |
Admiral Shares—Net Assets | |
Applicable to 7,703,137,890 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 82,838,810 |
Net Asset Value Per Share—Admiral Shares | $10.75 |
Institutional Shares—Net Assets | |
Applicable to 3,635,999,789 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 39,101,154 |
Net Asset Value Per Share—Institutional Shares | $10.75 |
17
Total Bond Market Index Fund
Amount | |
($000) | |
Institutional Plus Shares—Net Assets | |
Applicable to 1,812,199,737 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 19,488,174 |
Net Asset Value Per Share—Institutional Plus Shares | $10.75 |
Institutional Select Shares—Net Assets | |
Applicable to 1,118,758,332 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 12,031,063 |
Net Asset Value Per Share—Institutional Select Shares | $10.75 |
• See Note A in Notes to Financial Statements.
* Certain of the fund’s securities are valued using significant unobservable inputs.
† Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer,
represent 1% or less of net assets.
1 Securities with a value of $3,610,000 have been segregated as collateral for certain open To Be Announced (TBA) transactions.
2 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed
by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth,
in exchange for senior preferred stock.
3 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments
and prepayments or the possibility of the issue being called.
4 Includes securities purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of
December 31, 2017.
5 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions
exempt from registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value of these securities
was $1,899,549,000, representing 1.0% of net assets.
6 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown
is the 7-day yield.
See accompanying Notes, which are an integral part of the Financial Statements.
18
Total Bond Market Index Fund
Statement of Operations | |
Year Ended | |
December31,2017 | |
($000) | |
Investment Income | |
Income | |
Interest1 | 4,722,057 |
Total Income | 4,722,057 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 5,822 |
Management and Administrative—Investor Shares | 6,701 |
Management and Administrative—ETF Shares | 11,455 |
Management and Administrative—Admiral Shares | 27,291 |
Management and Administrative—Institutional Shares | 11,564 |
Management and Administrative—Institutional Plus Shares | 4,924 |
Management and Administrative—Institutional Select Shares | 489 |
Marketing and Distribution—Investor Shares | 1,099 |
Marketing and Distribution—ETF Shares | 1,608 |
Marketing and Distribution—Admiral Shares | 6,257 |
Marketing and Distribution—Institutional Shares | 992 |
Marketing and Distribution—Institutional Plus Shares | 256 |
Marketing and Distribution—Institutional Select Shares | — |
Custodian Fees | 1,441 |
Auditing Fees | 54 |
Shareholders’ Reports and Proxy—Investor Shares | 432 |
Shareholders’ Reports and Proxy—ETF Shares | 2,647 |
Shareholders’ Reports and Proxy—Admiral Shares | 1,816 |
Shareholders’ Reports and Proxy—Institutional Shares | 962 |
Shareholders’ Reports and Proxy—Institutional Plus Shares | 319 |
Shareholders’ Reports and Proxy—Institutional Select Shares | — |
Trustees’ Fees and Expenses | 141 |
Total Expenses | 86,270 |
Net Investment Income | 4,635,787 |
Realized Net Gain (Loss) | |
Investment Securities Sold1 | 319,359 |
Futures Contracts | (41) |
Realized Net Gain (Loss) | 319,318 |
Change in Unrealized Appreciation (Depreciation) of Investment Securities1 | 1,487,063 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 6,442,168 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund
were $40,172,000, ($108,000), and $41,000, respectively.
See accompanying Notes, which are an integral part of the Financial Statements.
19
Total Bond Market Index Fund
Statement of Changes in Net Assets | ||
Year Ended December 31, | ||
2017 | 2016 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 4,635,787 | 4,000,540 |
Realized Net Gain (Loss) | 319,318 | 47,329 |
Change in Unrealized Appreciation (Depreciation) | 1,487,063 | (530,101) |
Net Increase (Decrease) in Net Assets Resulting from Operations | 6,442,168 | 3,517,768 |
Distributions | ||
Net Investment Income | ||
Investor Shares | (136,467) | (151,601) |
ETF Shares | (867,362) | (739,901) |
Admiral Shares | (1,949,232) | (1,658,060) |
Institutional Shares | (930,195) | (802,418) |
Institutional Plus Shares | (535,236) | (601,353) |
Institutional Select Shares | (213,518) | (51,450) |
Realized Capital Gain1 | ||
ETF Shares | (16,877) | (13,867) |
Admiral Shares | (37,589) | (31,890) |
Institutional Shares | (17,718) | (15,046) |
Institutional Plus Shares | (8,878) | (9,748) |
Institutional Select Shares | (5,451) | (2,382) |
Investor Shares | (2,350) | (2,662) |
Total Distributions | (4,720,873) | (4,080,378) |
Capital Share Transactions | ||
Investor Shares | (862,500) | (483,969) |
ETF Shares | 5,481,982 | 4,246,515 |
Admiral Shares | 9,524,616 | 12,106,214 |
Institutional Shares | 4,588,226 | 5,211,610 |
Institutional Plus Shares | (2,935,783) | (2,219,425) |
Institutional Select Shares | 6,538,787 | 5,638,625 |
Net Increase (Decrease) from Capital Share Transactions | 22,335,328 | 24,499,570 |
Total Increase (Decrease) | 24,056,623 | 23,936,960 |
Net Assets | ||
Beginning of Period | 171,815,195 | 147,878,235 |
End of Period2 | 195,871,818 | 171,815,195 |
1 Includes fiscal 2017 and 2016 short-term gain distributions totaling $0 and $51,469,000, respectively. Short-term gain distributions
are treated as ordinary income dividends for tax purposes.
2 Net Assets—End of Period includes undistributed (overdistributed) net investment income of ($6,243,000) and ($10,020,000).
See accompanying Notes, which are an integral part of the Financial Statements.
20
Total Bond Market Index Fund
Financial Highlights
Investor Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.65 | $10.64 | $10.87 | $10.56 | $11.09 |
Investment Operations | |||||
Net Investment Income | . 2601 | .254 | .253 | .264 | .256 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .105 | .015 | (.219) | .339 | (.504) |
Total from Investment Operations | .365 | .269 | .034 | .603 | (.248) |
Distributions | |||||
Dividends from Net Investment Income | (. 260) | (. 254) | (. 254) | (. 264) | (. 256) |
Distributions from Realized Capital Gains | (. 005) | (. 005) | (. 010) | (. 029) | (. 026) |
Total Distributions | (. 265) | (. 259) | (. 264) | (. 293) | (. 282) |
Net Asset Value, End of Period | $10.75 | $10.65 | $10.64 | $10.87 | $10.56 |
Total Return2 | 3.45% | 2.50% | 0.30% | 5.76% | -2.26% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $5,166 | $5,969 | $6,434 | $7,076 | $7,939 |
Ratio of Total Expenses to Average Net Assets | 0.15% | 0.15% | 0.16% | 0.20% | 0.20% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.42% | 2.30% | 2.34% | 2.44% | 2.37% |
Portfolio Turnover Rate 3,4 | 55% | 61% | 84% | 72% | 73% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
4 Includes 15%, 23%, 45%, 38%, and 45% attributable to mortgage-dollar-roll activity.
See accompanying Notes, which are an integral part of the Financial Statements.
21
Total Bond Market Index Fund
Financial Highlights
ETF Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $80.64 | $80.58 | $82.33 | $79.91 | $83.92 |
Investment Operations | |||||
Net Investment Income | 2.0531 | 1.995 | 2.000 | 2.073 | 2.031 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .842 | .096 | (1.671) | 2.641 | (3.812) |
Total from Investment Operations | 2.895 | 2.091 | .329 | 4.714 | (1.781) |
Distributions | |||||
Dividends from Net Investment Income | (2.038) | (1.995) | (2.001) | (2.073) | (2.031) |
Distributions from Realized Capital Gains | (. 037) | (. 036) | (. 078) | (. 221) | (.198) |
Total Distributions | (2.075) | (2.031) | (2.079) | (2.294) | (2.229) |
Net Asset Value, End of Period | $81.46 | $80.64 | $80.58 | $82.33 | $79.91 |
Total Return | 3.62% | 2.57% | 0.39% | 5.96% | -2.14% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $37,247 | $31,445 | $27,279 | $26,041 | $17,637 |
Ratio of Total Expenses to Average Net Assets | 0.05% | 0.05% | 0.06% | 0.07% | 0.08% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.52% | 2.40% | 2.44% | 2.57% | 2.49% |
Portfolio Turnover Rate2,3 | 55% | 61% | 84% | 72% | 73% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
3 Includes 15%, 23%, 45%, 38%, and 45% attributable to mortgage-dollar-roll activity.
See accompanying Notes, which are an integral part of the Financial Statements.
22
Total Bond Market Index Fund
Financial Highlights
Admiral Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.65 | $10.64 | $10.87 | $10.56 | $11.09 |
Investment Operations | |||||
Net Investment Income | . 2711 | .265 | .263 | .278 | .269 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .105 | .015 | (.219) | .339 | (.504) |
Total from Investment Operations | .376 | .280 | .044 | .617 | (.235) |
Distributions | |||||
Dividends from Net Investment Income | (. 271) | (. 265) | (. 264) | (. 278) | (. 269) |
Distributions from Realized Capital Gains | (. 005) | (. 005) | (. 010) | (. 029) | (. 026) |
Total Distributions | (. 276) | (. 270) | (. 274) | (. 307) | (. 295) |
Net Asset Value, End of Period | $10.75 | $10.65 | $10.64 | $10.87 | $10.56 |
Total Return2 | 3.56% | 2.60% | 0.40% | 5.89% | -2.15% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $82,839 | $72,592 | $60,783 | $54,198 | $33,450 |
Ratio of Total Expenses to Average Net Assets | 0.05% | 0.05% | 0.06% | 0.07% | 0.08% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.52% | 2.40% | 2.44% | 2.57% | 2.49% |
Portfolio Turnover Rate 3,4 | 55% | 61% | 84% | 72% | 73% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
4 Includes 15%, 23%, 45%, 38%, and 45% attributable to mortgage-dollar-roll activity.
See accompanying Notes, which are an integral part of the Financial Statements.
23
Total Bond Market Index Fund
Financial Highlights
Institutional Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.65 | $10.64 | $10.87 | $10.56 | $11.09 |
Investment Operations | |||||
Net Investment Income | . 2721 | .266 | .265 | .279 | .270 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .105 | .015 | (.219) | .339 | (.504) |
Total from Investment Operations | .377 | .281 | .046 | .618 | (.234) |
Distributions | |||||
Dividends from Net Investment Income | (. 272) | (. 266) | (. 266) | (. 279) | (. 270) |
Distributions from Realized Capital Gains | (. 005) | (. 005) | (. 010) | (. 029) | (. 026) |
Total Distributions | (. 277) | (. 271) | (. 276) | (. 308) | (. 296) |
Net Asset Value, End of Period | $10.75 | $10.65 | $10.64 | $10.87 | $10.56 |
Total Return | 3.57% | 2.61% | 0.41% | 5.91% | -2.14% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $39,101 | $34,167 | $29,095 | $27,103 | $20,206 |
Ratio of Total Expenses to Average Net Assets | 0.04% | 0.04% | 0.05% | 0.06% | 0.07% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.53% | 2.41% | 2.45% | 2.58% | 2.50% |
Portfolio Turnover Rate2,3 | 55% | 61% | 84% | 72% | 73% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
3 Includes 15%, 23%, 45%, 38%, and 45% attributable to mortgage-dollar-roll activity.
See accompanying Notes, which are an integral part of the Financial Statements.
24
Total Bond Market Index Fund
Financial Highlights
Institutional Plus Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.65 | $10.64 | $10.87 | $10.56 | $11.09 |
Investment Operations | |||||
Net Investment Income | . 2731 | .267 | .266 | .280 | .272 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .105 | .015 | (.219) | .339 | (.504) |
Total from Investment Operations | .378 | .282 | .047 | .619 | (.232) |
Distributions | |||||
Dividends from Net Investment Income | (. 273) | (. 267) | (. 267) | (. 280) | (. 272) |
Distributions from Realized Capital Gains | (. 005) | (. 005) | (. 010) | (. 029) | (. 026) |
Total Distributions | (. 278) | (. 272) | (. 277) | (. 309) | (. 298) |
Net Asset Value, End of Period | $10.75 | $10.65 | $10.64 | $10.87 | $10.56 |
Total Return | 3.58% | 2.62% | 0.42% | 5.92% | -2.12% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $19,488 | $22,203 | $24,287 | $22,254 | $18,607 |
Ratio of Total Expenses to Average Net Assets | 0.03% | 0.03% | 0.04% | 0.05% | 0.05% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.54% | 2.42% | 2.46% | 2.59% | 2.52% |
Portfolio Turnover Rate2,3 | 55% | 61% | 84% | 72% | 73% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
3 Includes 15%, 23%, 45%, 38%, and 45% attributable to mortgage-dollar-roll activity.
See accompanying Notes, which are an integral part of the Financial Statements.
25
Total Bond Market Index Fund
Financial Highlights
Institutional Select Shares | ||
Year | June 24, | |
Ended | 20161 to | |
Dec. 31, | Dec. 31, | |
For a Share Outstanding Throughout Each Period | 2017 | 2016 |
Net Asset Value, Beginning of Period | $10.65 | $11.03 |
Investment Operations | ||
Net Investment Income | . 275 2 | .135 |
Net Realized and Unrealized Gain (Loss) on Investments | .105 | (.375) |
Total from Investment Operations | .380 | (.240) |
Distributions | ||
Dividends from Net Investment Income | (.275) | (.135) |
Distributions from Realized Capital Gains | (.005) | (.005) |
Total Distributions | (.280) | (.140) |
Net Asset Value, End of Period | $10.75 | $10.65 |
Total Return | 3.60% | -2.20% |
Ratios/Supplemental Data | ||
Net Assets, End of Period (Millions) | $12,031 | $5,438 |
Ratio of Total Expenses to Average Net Assets | 0.01% | 0.01%3 |
Ratio of Net Investment Income to Average Net Assets | 2.56% | 2.41%3 |
Portfolio Turnover Rate 4,5 | 55% | 61%6 |
1 Inception.
2 Calculated based on average shares outstanding.
3 Annualized.
4 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital
shares, including ETF Creation Units.
5 Includes 15% and 23% attributable to mortgage-dollar-roll activity.
6 Reflects the fund’s portfolio turnover for the fiscal year ended December 31, 2016.
See accompanying Notes, which are an integral part of the Financial Statements.
26
Total Bond Market Index Fund
Notes to Financial Statements
Vanguard Total Bond Market Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries. The fund offers six classes of shares: Investor Shares, ETF Shares, Admiral Shares, Institutional Shares, Institutional Plus Shares, and Institutional Select Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. ETF Shares are listed for trading on NYSE Arca; they can be purchased and sold through a broker. Admiral Shares, Institutional Shares, Institutional Plus Shares, and Institutional Select Shares are designed for investors who meet certain administrative, service, and account-size criteria.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Structured debt securities, including mortgages and asset-backed securities, are valued using the latest bid prices or using valuations based on a matrix system that considers such factors as issuer, tranche, nominal or option-adjusted spreads, weighted average coupon, weighted average maturity, credit enhancements, and collateral. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
2. Futures Contracts: The fund uses futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).
During the year ended December 31, 2017, the fund’s average investments in long and short futures contracts represented 0% and less than 1% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period. The fund had no open futures contracts at December 31, 2017.
27
Total Bond Market Index Fund
3. To Be Announced (TBA) Transactions: A TBA transaction is an agreement to buy or sell mortgage-backed securities with agreed-upon characteristics (face amount, coupon, maturity) for settlement at a future date. The fund may be a seller of TBA transactions to reduce its exposure to the mortgage-backed securities market or in order to sell mortgage-backed securities it owns under delayed-delivery arrangements. When the fund is a buyer of TBA transactions, it maintains cash or short-term investments in an amount sufficient to meet the purchase price at the settlement date of the TBA transaction. The primary risk associated with TBA transactions is that a counterparty may default on its obligations. The fund mitigates its counterparty risk by, among other things, performing a credit analysis of counterparties, allocating transactions among numerous counterparties, and monitoring its exposure to each counterparty. The fund may also enter into a Master Securities Forward Transaction Agreement (MSFTA) with certain counterparties and require them to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. Under an MSFTA, upon a counterparty default (including bankruptcy), the fund may terminate any TBA transactions with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements.
4. Mortgage Dollar Rolls: The fund enters into mortgage-dollar-roll transactions, in which the fund sells mortgage-backed securities to a dealer and simultaneously agrees to purchase similar securities in the future at a predetermined price. The proceeds of the securities sold in mortgage-dollar-roll transactions are typically invested in high-quality short-term fixed income securities. The fund forgoes principal and interest paid on the securities sold, and is compensated by interest earned on the proceeds of the sale and by a lower price on the securities to be repurchased. The fund has also entered into mortgage-dollar-roll transactions in which the fund buys mortgage-backed securities from a dealer pursuant to a TBA transaction and simultaneously agrees to sell similar securities in the future at a predetermined price. The securities bought in mortgage-dollar-roll transactions are used to cover an open TBA sell position. The fund continues to earn interest on mortgage-backed security pools already held and receives a lower price on the securities to be sold in the future. The fund accounts for mortgage-dollar-roll transactions as purchases and sales; as such, these transactions may increase the fund’s portfolio turnover rate. Amounts to be received or paid in connection with open mortgage dollar rolls are included in Receivables for Investment Securities Sold or Payables for Investment Securities Purchased in the Statement of Net Assets.
5. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2014–2017), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
6. Distributions: Distributions from net investment income are declared daily by all share classes except ETF Shares, and paid on the first business day of the following month. Monthly income dividends from ETF Shares, and annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.
7. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating
28
Total Bond Market Index Fund
funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at December 31, 2017, or at any time during the period then ended.
8. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses), shareholder reporting, and the proxy. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At December 31, 2017, the fund had contributed to Vanguard capital in the amount of $10,707,000, representing 0.01% of the fund’s net assets and 4.28% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest
rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine
the fair value of investments). Any investments valued with significant unobservable inputs are
noted on the Statement of Net Assets.
29
Total Bond Market Index Fund
The following table summarizes the market value of the fund’s investments as of December 31, 2017, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | |
Investments | ($000) | ($000) | ($000) |
U.S. Government and Agency Obligations | — | 124,749,048 | — |
Asset-Backed/Commercial Mortgage-Backed Securities | — | 4,791,044 | 1 |
Corporate Bonds | — | 54,531,141 | — |
Sovereign Bonds | — | 9,336,761 | — |
Taxable Municipal Bonds | — | 1,445,864 | — |
Temporary Cash Investments | 4,938,146 | — | — |
Total | 4,938,146 | 194,853,858 | 1 |
D. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.
During the year ended December 31, 2017, the fund realized $34,319,000 of net capital gains resulting from in-kind redemptions—in which shareholders exchanged fund shares for securities held by the fund rather than for cash. Because such gains are not taxable to the fund, and are not distributed to shareholders, they have been reclassified from accumulated net realized gains to paid-in capital.
The fund used capital loss carryforwards of $101,472,000 to offset taxable capital gains realized during the year ended December 31, 2017, reducing the amount of capital gains that would otherwise be available to distribute to shareholders. For tax purposes, at December 31, 2017, the fund had $45,652,000 of long-term capital gains available for distribution.
At December 31, 2017, the cost of investment securities for tax purposes was $197,844,074,000. Net unrealized appreciation of investment securities for tax purposes was $1,947,931,000, consisting of unrealized gains of $3,562,476,000 on securities that had risen in value since their purchase and $1,614,545,000 in unrealized losses on securities that had fallen in value since their purchase.
E. During the year ended December 31, 2017, the fund purchased $19,987,775,000 of investment securities and sold $14,041,903,000 of investment securities, other than U.S. government securities and temporary cash investments. Purchases and sales of U.S. government securities were $103,277,985,000 and $86,629,134,000, respectively. Total purchases and sales include $4,603,359,000 and $863,868,000, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.
30
Total Bond Market Index Fund
F. Capital share transactions for each class of shares were:
Year Ended December 31, | ||||
2017 | 2016 | |||
Amount | Shares | Amount | Shares | |
($000) | (000) | ($000) | (000) | |
Investor Shares | ||||
Issued | 1,416,068 | 131,820 | 1,641,260 | 150,636 |
Issued in Lieu of Cash Distributions | 132,420 | 12,317 | 147,851 | 13,556 |
Redeemed | (2,410,988) | (224,416) | (2,273,080) | (208,249) |
Net Increase (Decrease)—Investor Shares | (862,500) | (80,279) | (483,969) | (44,057) |
ETF Shares | ||||
Issued | 5,866,141 | 72,000 | 5,251,666 | 63,600 |
Issued in Lieu of Cash Distributions | — | — | — | — |
Redeemed | (384,159) | (4,700) | (1,005,151) | (12,200) |
Net Increase (Decrease)—ETF Shares | 5,481,982 | 67,300 | 4,246,515 | 51,400 |
Admiral Shares | ||||
Issued | 21,837,383 | 2,032,213 | 22,198,749 | 2,035,330 |
Issued in Lieu of Cash Distributions | 1,779,934 | 165,536 | 1,519,396 | 139,344 |
Redeemed | (14,092,701) | (1,312,382) | (11,611,931) | (1,069,305) |
Net Increase (Decrease)—Admiral Shares | 9,524,616 | 885,367 | 12,106,214 | 1,105,369 |
Institutional Shares | ||||
Issued | 11,449,532 | 1,065,994 | 11,564,688 | 1,059,562 |
Issued in Lieu of Cash Distributions | 890,402 | 82,807 | 768,358 | 70,457 |
Redeemed | (7,751,708) | (721,747) | (7,121,436) | (655,441) |
Net Increase (Decrease)—Institutional Shares | 4,588,226 | 427,054 | 5,211,610 | 474,578 |
Institutional Plus Shares | ||||
Issued | 9,000,288 | 837,304 | 5,462,378 | 500,671 |
Issued in Lieu of Cash Distributions | 516,207 | 48,017 | 591,388 | 54,218 |
Redeemed | (12,452,278) | (1,158,423) | (8,273,191) | (752,102) |
Net Increase (Decrease)— | ||||
Institutional Plus Shares | (2,935,783) | (273,102) | (2,219,425) | (197,213) |
Institutional Select Shares1 | ||||
Issued | 6,666,118 | 619,959 | 5,775,699 | 523,418 |
Issued in Lieu of Cash Distributions | 218,968 | 20,355 | 53,832 | 4,952 |
Redeemed | (346,299) | (32,270) | (190,906) | (17,655) |
Net Increase (Decrease)— | ||||
Institutional Select Shares | 6,538,787 | 608,044 | 5,638,625 | 510,715 |
1 Inception was June 24, 2016, for Institutional Select Shares. |
G. Management has determined that no material events or transactions occurred subsequent to December 31, 2017, that would require recognition or disclosure in these financial statements.
31
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard Bond Index Funds and Shareholders of Vanguard Total Bond Market Index Fund
Opinion on the Financial Statements
We have audited the accompanying statement of net assets—investments summary of Vanguard Total Bond Market Index Fund (one of the funds constituting Vanguard Bond Index Funds, referred to hereafter as the “Fund”) as of December 31, 2017, the related statement of operations for the year ended December 31, 2017, the statement of changes in net assets for each of the two years in the period ended December 31, 2017, including the related notes, and the financial highlights for each of the periods indicated therein (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of December 31, 2017, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended December 31, 2017 and the financial highlights for each of the periods indicated therein in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of December 31, 2017 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
February 14, 2018
We have served as the auditor of one or more investment companies in The Vanguard Group of
Funds since 1975.
32
Special 2017 tax information (unaudited) for Vanguard Total Bond Market Index Fund
This information for the fiscal year ended December 31, 2017, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $106,703,000 as capital gain dividends (20% rate gain distributions) to shareholders during the fiscal year.
For nonresident alien shareholders, 86.8% of income dividends are interest-related dividends.
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“
• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
34
Six Months Ended December 31, 2017 | |||
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
Total Bond Market Index Fund | 6/30/2017 | 12/31/2017 | Period |
Based on Actual Fund Return | |||
Investor Shares | $1,000.00 | $1,010.80 | $0.76 |
ETF Shares | 1,000.00 | 1,011.75 | 0.25 |
Admiral Shares | 1,000.00 | 1,011.32 | 0.25 |
Institutional Shares | 1,000.00 | 1,011.36 | 0.20 |
Institutional Plus Shares | 1,000.00 | 1,011.42 | 0.15 |
Institutional Select Shares | 1,000.00 | 1,011.51 | 0.05 |
Based on Hypothetical 5% Yearly Return | |||
Investor Shares | $1,000.00 | $1,024.12 | $0.77 |
ETF Shares | 1,000.00 | 1,024.95 | 0.26 |
Admiral Shares | 1,000.00 | 1,024.62 | 0.26 |
Institutional Shares | 1,000.00 | 1,024.67 | 0.20 |
Institutional Plus Shares | 1,000.00 | 1,025.05 | 0.15 |
Institutional Select Shares | 1,000.00 | 1,025.16 | 0.05 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.15% for Investor Shares, 0.05% for ETF Shares, 0.05% for Admiral Shares, 0.04% for Institutional Shares, 0.03% for Institutional Plus Shares, and 0.01% for Institutional Select Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/365).
35
Glossary
30-Day SEC Yield. A fund’s 30-day SEC yield is derived using a formula specified by the U.S. Securities and Exchange Commission. Under the formula, data related to the fund’s security holdings in the previous 30 days are used to calculate the fund’s hypothetical net income for that period, which is then annualized and divided by the fund’s estimated average net assets over the calculation period. For the purposes of this calculation, a security’s income is based on its current market yield to maturity (for bonds), its actual income (for asset-backed securities), or its projected dividend yield (for stocks). Because the SEC yield represents hypothetical annualized income, it will differ—at times significantly—from the fund’s actual experience. As a result, the fund’s income distributions may be higher or lower than implied by the SEC yield.
Average Coupon. The average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.
Average Duration. An estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average duration of five years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.
Average Effective Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures contracts held. In general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.
Beta. A measure of the magnitude of a fund’s past share-price fluctuations in relation to the ups and downs of a given market index. The index is assigned a beta of 1.00. Compared with a given index, a fund with a beta of 1.20 typically would have seen its share price rise or fall by 12% when the index rose or fell by 10%. For this report, beta is based on returns over the past 36 months for both the fund and the index. Note that a fund’s beta should be reviewed in conjunction with its R-squared (see definition). The lower the R-squared, the less correlation there is between the fund and the index, and the less reliable beta is as an indicator of volatility.
Credit Quality. Credit-quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). U.S. Treasury, U.S. Agency, and U.S. Agency mortgage-backed securities appear under “U.S. Government.” Credit-quality ratings are obtained from Barclays and are from Moody’s, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available.
Expense Ratio. A fund’s total annual operating expenses expressed as a percentage of the fund’s average net assets. The expense ratio includes management and administrative expenses, but does not include the transaction costs of buying and selling portfolio securities.
Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.
36
R-Squared. A measure of how much of a fund’s past returns can be explained by the returns from the market in general, as measured by a given index. If a fund’s total returns were precisely synchronized with an index’s returns, its R-squared would be 1.00. If the fund’s returns bore no relationship to the index’s returns, its R-squared would be 0. For this report, R-squared is based on returns over the past 36 months for both the fund and the index.
Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.
Yield to Maturity. The rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.
Benchmark Information
Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index: Bloomberg Barclays U.S. Aggregate Bond Index through December 31, 2009; Bloomberg Barclays U.S. Aggregate Float Adjusted Index thereafter.
Spliced Intermediate Investment-Grade Debt Funds Average: Based on average returns for Intermediate U.S. Government Funds through December 31, 2001, Intermediate Investment-Grade Debt Funds through August 31, 2013, and Core Bond Funds thereafter.
37
BLOOMBERG is a trademark and service mark of Bloomberg Finance L.P. BARCLAYS is a trademark and service mark of Barclays Bank Plc, used under license. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL) (collectively, Bloomberg), or Bloomberg’s licensors, own all proprietary rights in the Bloomberg Barclays U.S. Aggregate Float Adjusted Index (the Index or Bloomberg Barclays Index).
Neither Barclays Bank Plc, Barclays Capital Inc., or any affiliate (collectively Barclays) or Bloomberg is the issuer or producer of the Total Bond Market Index Fund and neither Bloomberg nor Barclays has any responsibilities, obligations or duties to investors in the Total Bond Market Index Fund. The Index is licensed for use by The Vanguard Group, Inc. (Vanguard) as the sponsor of the Total Bond Market Index Fund. Bloomberg and Barclays’ only relationship with Vanguard in respect of the Index is the licensing of the Index, which is determined, composed and calculated by BISL, or any successor thereto, without regard to the Issuer or the Total Bond Market Index Fund or the owners of the Total Bond Market Index Fund.
Additionally, Vanguard may for itself execute transaction(s) with Barclays in or relating to the Index in connection with the Total Bond Market Index Fund. Investors acquire the Total Bond Market Index Fund from Vanguard and investors neither acquire any interest in the Index nor enter into any relationship of any kind whatsoever with Bloomberg or Barclays upon making an investment in the Total Bond Market Index Fund. The Total Bond Market Index Fund is not sponsored, endorsed, sold or promoted by Bloomberg or Barclays. Neither Bloomberg nor Barclays makes any representation or warranty, express or implied regarding the advisability of investing in the Total Bond Market Index Fund or the advisability of investing in securities generally or the ability of the Index to track corresponding or relative market performance. Neither Bloomberg nor Barclays has passed on the legality or suitability of the Total Bond Market Index Fund with respect to any person or entity. Neither Bloomberg nor Barclays is responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Total Bond Market Index Fund to be issued. Neither Bloomberg nor Barclays has any obligation to take the needs of the Issuer or the owners of the Total Bond Market Index Fund or any other third party into consideration in determining, composing or calculating the Index. Neither Bloomberg nor Barclays has any obligation or liability in connection with administration, marketing or trading of the Total Bond Market Index Fund.
The licensing agreement between Bloomberg and Barclays is solely for the benefit of Bloomberg and Barclays and not for the benefit of the owners of the Total Bond Market Index Fund, investors or other third parties. In addition, the licensing agreement between Vanguard and Bloomberg is solely for the benefit of Vanguard and Bloomberg and not for the benefit of the owners of the Total Bond Market Index Fund, investors or other third parties.
NEITHER BLOOMBERG NOR BARCLAYS SHALL HAVE ANY LIABILITY TO THE ISSUER, INVESTORS OR TO OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE BLOOMBERG BARCLAYS INDEX. NEITHER BLOOMBERG NOR BARCLAYS MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN. NEITHER BLOOMBERG NOR BARCLAYS MAKES ANY EXPRESS OR IMPLIED WARRANTIES, AND EACH HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN. BLOOMBERG RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR
TO CEASE THE CALCULATION OR PUBLICATION OF THE BLOOMBERG BARCLAYS INDEX, AND NEITHER BLOOMBERG NOR BARCLAYS SHALL BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO THE BLOOMBERG BARCLAYS INDEX. NEITHER BLOOMBERG NOR BARCLAYS SHALL BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS AND EVEN IF ADVISED OF THE POSSIBLITY OF SUCH, RESULTING FROM THE USE OF THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE TOTAL BOND MARKET INDEX FUND.
None of the information supplied by Bloomberg or Barclays and used in this publication may be reproduced in any manner without the prior written permission of both Bloomberg and Barclays Capital, the investment banking division of Barclays Bank Plc. Barclays Bank Plc is registered in England No. 1026167. Registered office 1 Churchill Place London E14 5HP.
© 2017 Bloomberg. Used with Permission.
Source: Bloomberg Index Services Limited. Copyright 2017, Bloomberg. All rights reserved.
38
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 201 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
F. William McNabb III
Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years and Other Experience: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Chief Executive Officer and Director of The Vanguard Group and President and Chief Executive Officer of each of the investment companies served by The Vanguard Group, since 2008; Director of Vanguard Marketing Corporation; President of The Vanguard Group (2008–2017); Managing Director of The Vanguard Group (1995–2008).
Independent Trustees
Emerson U. Fullwood
Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (document management products and services);
Executive in Residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology; Lead Director of SPX FLOW, Inc. (multi-industry manufacturing); Director of the United Way of Rochester, the University of Rochester Medical Center, Monroe Community College Foundation, North Carolina A&T University, and Roberts Wesleyan College; Trustee of the University of Rochester.
Rajiv L. Gupta
Born 1945. Trustee Since December 2001.2 Principal Occupation(s) During the Past Five Years and Other Experience: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Director of Arconic Inc. (diversified manufacturer), HP Inc. (printer and personal computer manufacturing), and Delphi Automotive plc (automotive components); Senior Advisor at New Mountain Capital.
Amy Gutmann
Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years and Other Experience: President of the University of Pennsylvania; Christopher H. Browne
1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the
Vanguard funds.
2 December 2002 for Vanguard Equity Income Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.
Distinguished Professor of Political Science, School of Arts and Sciences, and Professor of Communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania; Trustee of the National Constitution Center.
JoAnn Heffernan Heisen
Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years and Other Experience: Corporate Vice President and Member of the Executive Committee (1997–2008), Chief Global Diversity Officer (retired 2008), Vice President and Chief Information Officer (1997–2006), Controller (1995–1997), Treasurer (1991–1995), and Assistant Treasurer (1989–1991) of Johnson & Johnson (pharmaceuticals/medical devices/ consumer products); Director of Skytop Lodge Corporation (hotels) and the Robert Wood Johnson Foundation; Member of the Advisory Board of the Institute for Women’s Leadership at Rutgers University.
F. Joseph Loughrey
Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2009) of Cummins Inc. (industrial machinery); Chairman of the Board of Hillenbrand, Inc. (specialized consumer services), Oxfam America, and the Lumina Foundation for Education; Director of the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and Chair of the Advisory Board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born 1953. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Senior Vice President and Chief Financial Officer (retired 2013) at IBM (information technology services); Fiduciary Member of IBM’s Retirement Plan Committee (2004–2013); Member of the Council on Chicago Booth.
Scott C. Malpass
Born 1962. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Chief Investment Officer and Vice President at the University of Notre Dame; Assistant Professor of Finance at the Mendoza College of Business at Notre Dame; Member of the Notre Dame 403(b) Investment Committee, the Board of Advisors for Spruceview Capital Partners, the Board of Catholic Investment Services, Inc. (investment advisor), and the Board of Superintendence of the Institute for the Works of Religion; Chairman of the Board of TIFF Advisory Services, Inc. (investment advisor).
André F. Perold
Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years and Other Experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011); Chief Investment Officer and Co-Managing Partner of HighVista Strategies LLC (private investment firm); Overseer of the Museum of Fine Arts Boston.
Peter F. Volanakis
Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2010) of Corning Incorporated (communications equipment); Chairman of the Board of Trustees of Colby-Sawyer College; Member of the Board of Hypertherm, Inc. (industrial cutting systems, software, and consumables).
Executive Officers
Glenn Booraem
Born 1967. Investment Stewardship Officer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer (2015–2017), Controller (2010–2015), and Assistant Controller (2001–2010) of each of the investment companies served by The Vanguard Group.
Christine M. Buchanan
Born 1970. Treasurer Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Global Head of Vanguard Fund Administration at The Vanguard Group; Partner at KPMG LLP (2005–2017).
Thomas J. Higgins
Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).
Peter Mahoney
Born 1974. Controller Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Controller of each of the investment companies served by The Vanguard Group; Head of International Fund Services at The Vanguard Group (2008–2014).
Anne E. Robinson
Born 1970. Secretary Since September 2016. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; General Counsel of The Vanguard Group; Secretary of The Vanguard Group and of each of the investment companies served by The Vanguard Group; Director and Senior Vice President of Vanguard Marketing Corporation; Managing Director and General Counsel of Global Cards and Consumer Services at Citigroup (2014–2016); Counsel at American Express (2003–2014).
Michael Rollings
Born 1963. Finance Director Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; Director of Vanguard Marketing Corporation; Treasurer of each of the investment companies served by The Vanguard Group (February 2017–November 2017); Executive Vice President and Chief Financial Officer of MassMutual Financial Group (2006–2016).
Vanguard Senior Management Team | |
Mortimer J. Buckley | Chris D. McIsaac |
Gregory Davis | James M. Norris |
John James | Thomas M. Rampulla |
Martha G. King | Karin A. Risi |
John T. Marcante | |
Chairman Emeritus and Senior Advisor | |
John J. Brennan | |
Chairman, 1996–2009 | |
Chief Executive Officer and President, 1996–2008 | |
Founder | |
John C. Bogle | |
Chairman and Chief Executive Officer, 1974–1996 |
P.O. Box 2600 | |
Connect with Vanguard® > vanguard.com | |
Fund Information > 800-662-7447 | |
Direct Investor Account Services > 800-662-2739 | |
Institutional Investor Services > 800-523-1036 | |
Text Telephone for People | |
Who Are Deaf or Hard of Hearing> 800-749-7273 | |
This material may be used in conjunction | |
with the offering of shares of any Vanguard | |
fund only if preceded or accompanied by | |
the fund’s current prospectus. | |
All comparative mutual fund data are from Lipper, a | |
Thomson Reuters Company, or Morningstar, Inc., unless | |
otherwise noted. | |
You can obtain a free copy of Vanguard’s proxy voting | |
guidelines by visiting vanguard.com/proxyreporting or by | |
calling Vanguard at 800-662-2739. The guidelines are | |
also available from the SEC’s website, sec.gov. In | |
addition, you may obtain a free report on how your fund | |
voted the proxies for securities it owned during the 12 | |
months ended June 30. To get the report, visit either | |
vanguard.com/proxyreporting or sec.gov. | |
You can review and copy information about your fund at | |
the SEC’s Public Reference Room in Washington, D.C. To | |
find out more about this public service, call the SEC at | |
202-551-8090. Information about your fund is also | |
available on the SEC’s website, and you can receive | |
copies of this information, for a fee, by sending a | |
request in either of two ways: via email addressed to | |
publicinfo@sec.gov or via regular mail addressed to the | |
Public Reference Section, Securities and Exchange | |
Commission, Washington, DC 20549-1520. | |
© 2018 The Vanguard Group, Inc. | |
All rights reserved. | |
Vanguard Marketing Corporation, Distributor. | |
Q840 022018 |
Annual Report | December 31, 2017
Vanguard Total Bond Market II Index Fund
Vanguard’s Principles for Investing Success
We want to give you the best chance of investment success. These principles, grounded in Vanguard’s research and experience, can put you on the right path.
Goals. Create clear, appropriate investment goals.
Balance. Develop a suitable asset allocation using broadly diversified funds. Cost. Minimize cost.
Discipline. Maintain perspective and long-term discipline.
A single theme unites these principles: Focus on the things you can control.
We believe there is no wiser course for any investor.
Contents | |
Your Fund’s Performance at a Glance. | 1 |
Chairman’s Perspective. | 3 |
Results of Proxy Voting. | 7 |
Fund Profile. | 9 |
Performance Summary. | 10 |
Financial Statements. | 12 |
About Your Fund’s Expenses. | 171 |
Glossary. | 173 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
See the Glossary for definitions of investment terms used in this report.
About the cover: Nautical images have been part of Vanguard’s rich heritage since its start in 1975. For an incoming ship, a lighthouse offers a beacon and safe path to shore. You can similarly depend on Vanguard to put you first––and light the way––as you strive to meet your financial goals. Our client focus and low costs, stemming from our unique ownership structure, assure that your interests are paramount.
Your Fund’s Performance at a Glance
• For the 12 months ended December 31, 2017, Vanguard Total Bond Market II Index Fund returned 3.53% for Investor Shares. The result closely matched the benchmark index’s return of 3.63% after taking costs into account and was just shy of the 3.56% average return of peer funds.
• The yield curve flattened over the period. Solid economic data and a strong labor market prompted the Federal Reserve to raise the federal funds rate target three times in 2017. That pushed up short-term rates, while longer-term rates eased lower on dimmer longer-range prospects for faster economic growth and higher inflation.
• U.S. Treasuries returned about 2.3% and mortgage-backed securities slightly more than that. Corporate bonds returned about 6.4%, with their average yield over Treasuries narrowing a little amid the uptick in growth.
• Lower-quality investment-grade bonds outpaced higher-quality bonds.
• By maturity, long-term bonds significantly outpaced their intermediate- and short-term counterparts.
Total Returns: Fiscal Year Ended December 31, 2017 | ||||
30-Day SEC | Income | Capital | Total | |
Yield | Returns | Returns | Returns | |
Vanguard Total Bond Market II Index Fund | ||||
Investor Shares | 2.49% | 2.47% | 1.06% | 3.53% |
Institutional Shares | 2.55 | 2.54 | 1.06 | 3.60 |
Bloomberg Barclays U.S. Aggregate Float Adjusted Index | 3.63 | |||
Core Bond Funds Average | 3.56 | |||
Core Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company. |
Institutional Shares are designed for eligible institutional investors who meet specific administrative, service, and account-size criteria.
Total Returns: Inception Through December 31, 2017 | |
Average | |
Annual Return | |
Total Bond Market II Index Fund Investor Shares (Returns since inception: 1/26/2009) | 3.79% |
Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index | 3.98 |
Spliced Core Bond Funds Average | 4.73 |
For a benchmark description, see the Glossary. | |
Spliced Core Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company. |
The figures shown represent past performance, which is not a guarantee of future results. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost.
1
Expense Ratios | |||
Your Fund Compared With Its Peer Group | |||
Investor | Institutional | Peer Group | |
Shares | Shares | Average | |
Total Bond Market II Index Fund | 0.09% | 0.02% | 0.78% |
The fund expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the fund’s expense ratios were 0.09% for Investor Shares and 0.02% for Institutional Shares. The peer-group expense ratio is derived from data provided by Lipper, a Thomson Reuters Company, and captures information through year-end 2016.
Peer group: Core Bond Funds Average.
2
Chairman’s Perspective
Bill McNabb
Chairman
Dear Shareholder,
Lately I’ve been asked a lot about my legacy. And candidly, that phrase bugs me—it isn’t my legacy. Vanguard’s success is a result of thousands of my colleagues committing to a clear mission: helping investors achieve their financial goals.
The reason the topic has come up is that on December 31, 2017, I officially stepped down as Vanguard’s CEO after almost a decade in that role. I’ll remain chairman for a period to be determined by the board of directors. Tim Buckley, who was previously Vanguard’s president and chief investment officer, was elected CEO. I can’t think of a better successor.
I’ve spent 32 years at Vanguard—almost my entire professional life—and during that time I’ve had the good fortune of working with smart, principled colleagues from across the world. I’ve learned from each of them.
In particular, I would like to thank Jack Bogle, our founder, who took a chance on me when I was a young business school graduate, and Jack Brennan, my predecessor as CEO, who constantly challenged me with new roles and responsibilities.
3
When you’re just starting out, there is nothing quite like getting votes of confidence from people you respect.
The short list
A milestone like this naturally brings about some reflection. With that in mind, here’s a tally—by no means exhaustive—of the accomplishments that we at Vanguard are proud of:
Low costs. Over the last decade, we cut our average asset-weighted expense ratio by about 50%.1 This isn’t a result of some contrived price war. Since its founding, Vanguard has emphasized the benefits of low-cost investing. As Jack Bogle once said: “The honest steward who charges least, wins most. But not for himself; for those investors who entrust their assets to his care. It is not all that complicated.”
Global diversification. Through our thought leadership and investment options, such as our target-date funds, Vanguard has encouraged clients to obtain exposure to international markets.
Global diversification isn’t just about helping to control risk—it can also be a way of expanding your set of opportunities and harnessing the potential of all markets.
Market Barometer | |||
Average Annual Total Returns | |||
Periods Ended December 31, 2017 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 21.69% | 11.23% | 15.71% |
Russell 2000 Index (Small-caps) | 14.65 | 9.96 | 14.12 |
Russell 3000 Index (Broad U.S. market) | 21.13 | 11.12 | 15.58 |
FTSE All-World ex US Index (International) | 27.11 | 8.27 | 7.19 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index | |||
(Broad taxable market) | 3.54% | 2.24% | 2.10% |
Bloomberg Barclays Municipal Bond Index | |||
(Broad tax-exempt market) | 5.45 | 2.98 | 3.02 |
Citigroup Three-Month U.S. Treasury Bill Index | 0.84 | 0.37 | 0.23 |
CPI | |||
Consumer Price Index | 2.11% | 1.64% | 1.43% |
1 Source: Vanguard calculation, based on data from Morningstar, Inc., as of December 31, 2016.
4
I’ve been glad to see more and more clients embracing global diversification. I believe this trend will continue as Vanguard’s way of investing takes hold in international markets.
Affordable advice. In the wake of the 2008–2009 Global Financial Crisis, we began working on a new advice model. In 2015, we launched Vanguard Personal Advisor Services®, a hybrid advice offering that delivers value through a combination of a professional advisor and powerful digital technology at a competitive price.
Across the industry, we’ve seen the cost of providing advice coming down. Traditional advisors are embracing low-cost investments, and that, in turn, helps them reduce costs for their own clients. This is a trend that all of us at Vanguard would like to see continue.
Great people. I’ve interacted with hundreds of companies of all sizes and in all industries, and the one quality that sets Vanguard apart from most of them is our emphasis on people. It’s a testament to our culture that colleagues spend 15, 20, or, as in my case, more than 30 years of their professional lives here. Investors benefit because we have consistent, experienced fund management teams and a deep bench of talent that ensures that things go smoothly when it’s time for a transition.
We’ve done a great job attracting new talent, too. We made some notable additions to senior management in the last two years, and we’re continuously grooming our next generation of leaders.
Ready for what comes next
When I was contemplating coming to work at Vanguard, I sat down with my rowing coach at his home in Philadelphia. Over cheesesteaks, he told me that the most important thing was to work for a company that had the same values I held deeply. He was like a second father to me, so I trusted his judgment at a time when I wasn’t so sure about my own. Back then, I never could have anticipated the success Vanguard would have in the coming decades.
I’m no better at predicting the future now. Vanguard has enjoyed significant growth in the last few years, and that presents its own unique set of challenges and opportunities, such as the role we’re playing in advocating for better corporate governance among companies our funds invest in. And the asset management industry is confronting significant changes brought on by technology, shifting demographics, and new regulations.
Although the future is uncertain, I’m confident that Vanguard is well-prepared to tackle whatever comes its way. And one thing I’m sure of: There are big parts of the world that would be well-served by our way of investing.
5
It’s humbling to think about the impact the work we do at Vanguard has on clients who are trying to raise a family, buy a first home, save for college, or prepare for retirement. I’ve always tried to make decisions with investors’ best interests in mind. It has been a privilege working with people who hold to that same ideal.
Thank you for entrusting us with your assets.
Sincerely,
F. William McNabb III
Chairman
January 1, 2018
6
Results of Proxy Voting
At a special meeting of shareholders on November 15, 2017, fund shareholders approved the following proposals:
Proposal 1—Elect trustees for the fund.*
The individuals listed in the table below were elected as trustees for the fund. All trustees with the exception of Ms. Mulligan, Ms. Raskin, and Mr. Buckley (each of whom already serves as a director of The Vanguard Group, Inc.) served as trustees to the funds prior to the shareholder meeting.
Percentage | |||
Trustee | For | Withheld | For |
Mortimer J. Buckley | 26,722,274,549 | 429,483,723 | 98.4% |
Emerson U. Fullwood | 26,714,366,172 | 437,392,100 | 98.4% |
Amy Gutmann | 26,712,915,408 | 438,842,863 | 98.4% |
JoAnn Heffernan Heisen | 26,721,561,272 | 430,196,999 | 98.4% |
F. Joseph Loughrey | 26,717,701,002 | 434,057,269 | 98.4% |
Mark Loughridge | 26,720,437,223 | 431,321,049 | 98.4% |
Scott C. Malpass | 26,702,773,184 | 448,985,088 | 98.3% |
F. William McNabb III | 26,712,434,734 | 439,323,538 | 98.4% |
Deanna Mulligan | 26,719,931,246 | 431,827,026 | 98.4% |
André F. Perold | 26,676,518,168 | 475,240,103 | 98.3% |
Sarah Bloom Raskin | 26,713,372,343 | 438,385,928 | 98.4% |
Peter F. Volanakis | 26,706,957,628 | 444,800,644 | 98.4% |
* Results are for all funds within the same trust. |
Proposal 2—Approve a manager-of-managers arrangement with third-party investment advisors.
This arrangement enables the fund to enter into and materially amend investment advisory arrangements with third-party investment advisors, subject to the approval of the fund’s board of trustees and certain conditions imposed by the Securities and Exchange Commission, while avoiding the costs and delays associated with obtaining future shareholder approval.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Total Bond Market II | |||||
Index Fund | 12,390,617,665 | 0 | 0 | 0 | 100.0% |
7
Proposal 3—Approve a manager-of-managers arrangement with wholly owned subsidiaries of Vanguard.
This arrangement enables Vanguard or the fund to enter into and materially amend investment advisory arrangements with wholly owned subsidiaries of Vanguard, subject to the approval of the fund’s board of trustees and any conditions imposed by the Securities and Exchange Commission (SEC), while avoiding the costs and delays associated with obtaining future shareholder approval. The ability of the fund to operate in this manner is contingent upon the SEC’s approval of a pending application for an order of exemption.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Total Bond Market II | |||||
Index Fund | 12,390,617,665 | 0 | 0 | 0 | 100.0% |
8
Total Bond Market II Index Fund
Fund Profile
As of December 31, 2017
Share-Class Characteristics | ||
Investor | Institutional | |
Shares | Shares | |
Ticker Symbol | VTBIX | VTBNX |
Expense Ratio1 | 0.09% | 0.02% |
30-Day SEC Yield | 2.49% | 2.55% |
Financial Attributes | ||
Bloomberg | ||
Barclays U.S. | ||
Aggregate | ||
Float Adjusted | ||
Fund | Index | |
Number of Bonds | 7,904 | 9,706 |
Yield to Maturity | ||
(before expenses) | 2.7% | 2.7% |
Average Coupon | 2.9% | 3.0% |
Average Duration | 6.1 years | 6.1 years |
Average Effective | ||
Maturity | 8.4 years | 8.3 years |
Short-Term | ||
Reserves | 3.5% | — |
Sector Diversification (% of portfolio) | |
Asset-Backed | 0.4% |
Commercial Mortgage-Backed | 1.6 |
Finance | 8.6 |
Foreign | 5.4 |
Government Mortgage-Backed | 20.9 |
Industrial | 17.2 |
Treasury/Agency | 43.8 |
Utilities | 1.9 |
Other | 0.2 |
The agency and mortgage-backed securities sectors may include issues from government-sponsored enterprises; such issues are generally not backed by the full faith and credit of the U.S. government.
Volatility Measures | |
Bloomberg | |
Barclays U.S. | |
Aggregate | |
Float Adjusted | |
Index | |
R-Squared | 0.99 |
Beta | 1.04 |
These measures show the degree and timing of the fund’s fluctuations compared with the index over 36 months.
Distribution by Effective Maturity | |
(% of portfolio) | |
Under 1 Year | 1.5% |
1 - 3 Years | 22.0 |
3 - 5 Years | 19.4 |
5 - 10 Years | 39.7 |
10 - 20 Years | 3.9 |
20 - 30 Years | 12.9 |
Over 30 Years | 0.6 |
Distribution by Credit Quality (% of portfolio) | |
U.S. Government | 64.7% |
Aaa | 5.2 |
Aa | 3.4 |
A | 12.3 |
Baa | 14.4 |
Credit-quality ratings are obtained from Barclays and are from Moody's, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. For more information about these ratings, see the Glossary entry for Credit Quality.
Investment Focus
1 The expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the expense ratios were 0.09% for Investor Shares and 0.02% for Institutional Shares.
9
Total Bond Market II Index Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: January 26, 2009, Through December 31, 2017
Initial Investment of $10,000
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Since | Final Value | |||
One | Five | Inception | of a $10,000 | |
Year | Years | (1/26/2009) | Investment | |
Total Bond Market II Index Fund | ||||
Investor Shares | 3.53% | 1.97% | 3.79% | $13,938 |
Spliced Bloomberg Barclays U.S. | ||||
Aggregate Float Adjusted Index | 3.63 | 2.10 | 3.98 | 14,167 |
Spliced Core Bond Funds Average | 3.56 | 1.96 | 4.73 | 15,108 |
For a benchmark description, see the Glossary.
Spliced Core Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
"Since Inception" performance is calculated from the Investor Shares’ inception date for both the fund and its comparative standards.
Since | Final Value | |||
One | Five | Inception | of a $5,000,000 | |
Year | Years | (2/17/2009) | Investment | |
Total Bond Market II Index Fund | ||||
Institutional Shares | 3.60% | 2.03% | 3.82% | $6,969,888 |
Spliced Bloomberg Barclays U.S. Aggregate | ||||
Float Adjusted Index | 3.63 | 2.10 | 3.95 | 7,051,279 |
"Since Inception" performance is calculated from the Institutional Shares’ inception date for both the fund and its comparative standards. |
See Financial Highlights for dividend and capital gains information.
10
Total Bond Market II Index Fund | ||||
Fiscal-Year Total Returns (%): January 26, 2009, Through December 31, 2017 | ||||
Spliced | ||||
Bloomberg | ||||
Barclays | ||||
Aggregate | ||||
Investor Shares | FA Index | |||
Fiscal Year | Income Returns | Capital Returns | Total Returns | Total Returns |
2009 | 3.68% | 2.60% | 6.28% | 6.39% |
2010 | 3.42 | 3.00 | 6.42 | 6.58 |
2011 | 3.11 | 4.48 | 7.59 | 7.92 |
2012 | 2.36 | 1.55 | 3.91 | 4.32 |
2013 | 2.00 | -4.26 | -2.26 | -1.97 |
2014 | 2.35 | 3.58 | 5.93 | 5.85 |
2015 | 2.28 | -2.00 | 0.28 | 0.44 |
2016 | 2.35 | 0.20 | 2.55 | 2.75 |
2017 | 2.47 | 1.06 | 3.53 | 3.63 |
For a benchmark description, see the Glossary. |
11
Total Bond Market II Index Fund
Financial Statements
Statement of Net Assets
As of December 31, 2017
The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
U.S. Government and Agency Obligations (64.4%) | ||||
U.S. Government Securities (41.1%) | ||||
United States Treasury Note/Bond | 0.750% | 9/30/18 | 333,907 | 331,506 |
United States Treasury Note/Bond | 1.375% | 9/30/18 | 207,425 | 206,873 |
United States Treasury Note/Bond | 0.875% | 10/15/18 | 84,320 | 83,753 |
United States Treasury Note/Bond | 0.750% | 10/31/18 | 102,190 | 101,344 |
United States Treasury Note/Bond | 1.250% | 10/31/18 | 148,000 | 147,375 |
United States Treasury Note/Bond | 1.750% | 10/31/18 | 82,900 | 82,887 |
United States Treasury Note/Bond | 1.250% | 11/15/18 | 53,932 | 53,679 |
United States Treasury Note/Bond | 3.750% | 11/15/18 | 53,917 | 54,818 |
United States Treasury Note/Bond | 1.000% | 11/30/18 | 178,482 | 177,227 |
United States Treasury Note/Bond | 1.250% | 11/30/18 | 149,100 | 148,354 |
United States Treasury Note/Bond | 1.375% | 11/30/18 | 32,530 | 32,403 |
United States Treasury Note/Bond | 1.250% | 12/15/18 | 10,500 | 10,444 |
United States Treasury Note/Bond | 1.375% | 12/31/18 | 125,925 | 125,373 |
United States Treasury Note/Bond | 1.500% | 12/31/18 | 191,936 | 191,337 |
United States Treasury Note/Bond | 1.125% | 1/15/19 | 240,005 | 238,279 |
United States Treasury Note/Bond | 1.125% | 1/31/19 | 17,220 | 17,091 |
United States Treasury Note/Bond | 1.250% | 1/31/19 | 60,775 | 60,385 |
United States Treasury Note/Bond | 1.500% | 1/31/19 | 105,750 | 105,353 |
United States Treasury Note/Bond | 0.750% | 2/15/19 | 258,495 | 255,344 |
United States Treasury Note/Bond | 2.750% | 2/15/19 | 15,365 | 15,516 |
United States Treasury Note/Bond | 1.125% | 2/28/19 | 3,805 | 3,774 |
United States Treasury Note/Bond | 1.375% | 2/28/19 | 178,275 | 177,300 |
United States Treasury Note/Bond | 1.500% | 2/28/19 | 257,155 | 256,111 |
United States Treasury Note/Bond | 1.000% | 3/15/19 | 266,354 | 263,690 |
United States Treasury Note/Bond | 1.250% | 3/31/19 | 166,530 | 165,281 |
United States Treasury Note/Bond | 1.500% | 3/31/19 | 32,800 | 32,656 |
United States Treasury Note/Bond | 1.625% | 3/31/19 | 60,380 | 60,210 |
United States Treasury Note/Bond | 0.875% | 4/15/19 | 6,750 | 6,667 |
United States Treasury Note/Bond | 1.250% | 4/30/19 | 57,180 | 56,724 |
United States Treasury Note/Bond | 1.625% | 4/30/19 | 54,000 | 53,840 |
United States Treasury Note/Bond | 0.875% | 5/15/19 | 25,000 | 24,676 |
United States Treasury Note/Bond | 3.125% | 5/15/19 | 58,125 | 59,115 |
United States Treasury Note/Bond | 1.125% | 5/31/19 | 56,175 | 55,613 |
United States Treasury Note/Bond | 1.250% | 5/31/19 | 240,805 | 238,811 |
United States Treasury Note/Bond | 1.500% | 5/31/19 | 108,925 | 108,380 |
United States Treasury Note/Bond | 0.875% | 6/15/19 | 175,691 | 173,247 |
12
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 1.000% | 6/30/19 | 37,103 | 36,645 |
United States Treasury Note/Bond | 1.250% | 6/30/19 | 206,455 | 204,615 |
United States Treasury Note/Bond | 1.625% | 6/30/19 | 336,175 | 335,019 |
United States Treasury Note/Bond | 0.750% | 7/15/19 | 274,895 | 270,299 |
United States Treasury Note/Bond | 0.875% | 7/31/19 | 144,261 | 142,074 |
United States Treasury Note/Bond | 1.375% | 7/31/19 | 93,175 | 92,476 |
United States Treasury Note/Bond | 1.625% | 7/31/19 | 286,000 | 284,927 |
1 United States Treasury Note/Bond | 0.750% | 8/15/19 | 157,329 | 154,550 |
United States Treasury Note/Bond | 3.625% | 8/15/19 | 271,150 | 278,650 |
United States Treasury Note/Bond | 8.125% | 8/15/19 | 1,215 | 1,335 |
United States Treasury Note/Bond | 1.000% | 8/31/19 | 276,575 | 272,686 |
United States Treasury Note/Bond | 1.250% | 8/31/19 | 12,425 | 12,299 |
United States Treasury Note/Bond | 1.625% | 8/31/19 | 275,523 | 274,404 |
United States Treasury Note/Bond | 0.875% | 9/15/19 | 108,455 | 106,642 |
United States Treasury Note/Bond | 1.000% | 9/30/19 | 65,253 | 64,294 |
United States Treasury Note/Bond | 1.750% | 9/30/19 | 306,311 | 305,640 |
United States Treasury Note/Bond | 1.000% | 10/15/19 | 246,535 | 242,798 |
United States Treasury Note/Bond | 1.250% | 10/31/19 | 75,000 | 74,156 |
United States Treasury Note/Bond | 1.500% | 10/31/19 | 575,125 | 571,260 |
United States Treasury Note/Bond | 1.000% | 11/15/19 | 898,430 | 883,974 |
United States Treasury Note/Bond | 3.375% | 11/15/19 | 40,476 | 41,589 |
United States Treasury Note/Bond | 1.000% | 11/30/19 | 160,000 | 157,374 |
United States Treasury Note/Bond | 1.500% | 11/30/19 | 503,000 | 499,383 |
United States Treasury Note/Bond | 1.750% | 11/30/19 | 123,850 | 123,540 |
United States Treasury Note/Bond | 1.375% | 12/15/19 | 823,422 | 815,443 |
United States Treasury Note/Bond | 1.125% | 12/31/19 | 47,315 | 46,613 |
United States Treasury Note/Bond | 1.625% | 12/31/19 | 282,284 | 280,785 |
United States Treasury Note/Bond | 1.875% | 12/31/19 | 100,490 | 100,474 |
United States Treasury Note/Bond | 1.375% | 1/15/20 | 916,610 | 907,160 |
United States Treasury Note/Bond | 1.250% | 1/31/20 | 137,319 | 135,538 |
United States Treasury Note/Bond | 1.375% | 1/31/20 | 90,400 | 89,440 |
United States Treasury Note/Bond | 1.375% | 2/15/20 | 861,627 | 852,201 |
United States Treasury Note/Bond | 8.500% | 2/15/20 | 5,018 | 5,707 |
United States Treasury Note/Bond | 1.375% | 2/29/20 | 66,100 | 65,356 |
United States Treasury Note/Bond | 1.625% | 3/15/20 | 531,000 | 527,846 |
United States Treasury Note/Bond | 1.375% | 3/31/20 | 64,030 | 63,290 |
United States Treasury Note/Bond | 1.500% | 4/15/20 | 347,514 | 344,310 |
United States Treasury Note/Bond | 1.125% | 4/30/20 | 56,276 | 55,274 |
United States Treasury Note/Bond | 1.375% | 4/30/20 | 186,474 | 184,173 |
United States Treasury Note/Bond | 1.500% | 5/15/20 | 307,960 | 304,976 |
United States Treasury Note/Bond | 3.500% | 5/15/20 | 134,995 | 139,910 |
United States Treasury Note/Bond | 1.375% | 5/31/20 | 135,615 | 133,878 |
United States Treasury Note/Bond | 1.500% | 5/31/20 | 798,900 | 790,911 |
United States Treasury Note/Bond | 1.500% | 6/15/20 | 338,310 | 334,873 |
United States Treasury Note/Bond | 1.625% | 6/30/20 | 126,325 | 125,398 |
United States Treasury Note/Bond | 1.875% | 6/30/20 | 151,470 | 151,281 |
United States Treasury Note/Bond | 1.500% | 7/15/20 | 298,066 | 294,901 |
United States Treasury Note/Bond | 1.625% | 7/31/20 | 163,070 | 161,796 |
United States Treasury Note/Bond | 1.500% | 8/15/20 | 770,184 | 761,758 |
United States Treasury Note/Bond | 2.625% | 8/15/20 | 233,220 | 237,264 |
United States Treasury Note/Bond | 8.750% | 8/15/20 | 21,755 | 25,501 |
United States Treasury Note/Bond | 1.375% | 8/31/20 | 268,375 | 264,476 |
United States Treasury Note/Bond | 2.125% | 8/31/20 | 230,683 | 231,765 |
United States Treasury Note/Bond | 1.375% | 9/15/20 | 250,739 | 247,173 |
13
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 1.375% | 9/30/20 | 283,315 | 278,977 |
United States Treasury Note/Bond | 2.000% | 9/30/20 | 14,642 | 14,663 |
United States Treasury Note/Bond | 1.625% | 10/15/20 | 672,940 | 666,944 |
United States Treasury Note/Bond | 1.375% | 10/31/20 | 312,743 | 307,661 |
United States Treasury Note/Bond | 1.750% | 10/31/20 | 246,582 | 245,196 |
United States Treasury Note/Bond | 1.750% | 11/15/20 | 1,354,395 | 1,346,567 |
United States Treasury Note/Bond | 2.625% | 11/15/20 | 232,450 | 236,627 |
United States Treasury Note/Bond | 1.625% | 11/30/20 | 39,000 | 38,604 |
United States Treasury Note/Bond | 2.000% | 11/30/20 | 241,475 | 241,702 |
United States Treasury Note/Bond | 1.750% | 12/31/20 | 212,111 | 210,620 |
United States Treasury Note/Bond | 2.375% | 12/31/20 | 119,345 | 120,669 |
United States Treasury Note/Bond | 1.375% | 1/31/21 | 503,803 | 494,201 |
United States Treasury Note/Bond | 2.125% | 1/31/21 | 169,525 | 170,081 |
United States Treasury Note/Bond | 3.625% | 2/15/21 | 142,000 | 148,900 |
United States Treasury Note/Bond | 7.875% | 2/15/21 | 22,550 | 26,553 |
United States Treasury Note/Bond | 1.125% | 2/28/21 | 114,373 | 111,192 |
United States Treasury Note/Bond | 2.000% | 2/28/21 | 176,100 | 175,963 |
United States Treasury Note/Bond | 1.250% | 3/31/21 | 264,837 | 258,298 |
United States Treasury Note/Bond | 2.250% | 3/31/21 | 206,451 | 207,805 |
United States Treasury Note/Bond | 1.375% | 4/30/21 | 129,581 | 126,766 |
United States Treasury Note/Bond | 2.250% | 4/30/21 | 74,355 | 74,832 |
United States Treasury Note/Bond | 3.125% | 5/15/21 | 13,845 | 14,327 |
United States Treasury Note/Bond | 1.375% | 5/31/21 | 159,460 | 155,847 |
United States Treasury Note/Bond | 2.000% | 5/31/21 | 123,450 | 123,218 |
United States Treasury Note/Bond | 1.125% | 6/30/21 | 651,993 | 631,312 |
United States Treasury Note/Bond | 2.125% | 6/30/21 | 338,285 | 338,867 |
United States Treasury Note/Bond | 1.125% | 7/31/21 | 356,305 | 344,558 |
United States Treasury Note/Bond | 2.250% | 7/31/21 | 179,750 | 180,760 |
United States Treasury Note/Bond | 2.125% | 8/15/21 | 287,453 | 287,812 |
United States Treasury Note/Bond | 8.125% | 8/15/21 | 34,550 | 41,811 |
United States Treasury Note/Bond | 1.125% | 8/31/21 | 274,994 | 265,628 |
United States Treasury Note/Bond | 2.000% | 8/31/21 | 173,550 | 172,953 |
United States Treasury Note/Bond | 1.125% | 9/30/21 | 58,473 | 56,417 |
United States Treasury Note/Bond | 2.125% | 9/30/21 | 265,000 | 265,125 |
United States Treasury Note/Bond | 1.250% | 10/31/21 | 468,817 | 454,166 |
United States Treasury Note/Bond | 2.000% | 10/31/21 | 275,870 | 274,706 |
United States Treasury Note/Bond | 2.000% | 11/15/21 | 281,291 | 280,455 |
United States Treasury Note/Bond | 1.750% | 11/30/21 | 546,296 | 538,615 |
United States Treasury Note/Bond | 1.875% | 11/30/21 | 177,492 | 176,022 |
United States Treasury Note/Bond | 2.000% | 12/31/21 | 118,090 | 117,481 |
United States Treasury Note/Bond | 2.125% | 12/31/21 | 154,225 | 154,225 |
United States Treasury Note/Bond | 1.500% | 1/31/22 | 325,593 | 317,505 |
United States Treasury Note/Bond | 1.875% | 1/31/22 | 410,028 | 405,735 |
United States Treasury Note/Bond | 2.000% | 2/15/22 | 83,537 | 83,119 |
United States Treasury Note/Bond | 1.750% | 2/28/22 | 160,777 | 158,266 |
United States Treasury Note/Bond | 1.875% | 2/28/22 | 347,540 | 343,738 |
United States Treasury Note/Bond | 1.750% | 3/31/22 | 60,937 | 59,928 |
United States Treasury Note/Bond | 1.875% | 3/31/22 | 504,683 | 498,924 |
United States Treasury Note/Bond | 1.750% | 4/30/22 | 141,350 | 138,899 |
United States Treasury Note/Bond | 1.875% | 4/30/22 | 63,511 | 62,747 |
United States Treasury Note/Bond | 1.750% | 5/31/22 | 92,151 | 90,538 |
United States Treasury Note/Bond | 1.875% | 5/31/22 | 115,350 | 114,017 |
United States Treasury Note/Bond | 1.750% | 6/30/22 | 458,955 | 450,639 |
United States Treasury Note/Bond | 2.125% | 6/30/22 | 35,735 | 35,657 |
14
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 1.875% | 7/31/22 | 54,738 | 53,985 |
United States Treasury Note/Bond | 2.000% | 7/31/22 | 47,730 | 47,364 |
United States Treasury Note/Bond | 1.625% | 8/15/22 | 238,634 | 232,928 |
United States Treasury Note/Bond | 7.250% | 8/15/22 | 75 | 92 |
United States Treasury Note/Bond | 1.625% | 8/31/22 | 372,190 | 362,885 |
United States Treasury Note/Bond | 1.875% | 8/31/22 | 233,806 | 230,519 |
United States Treasury Note/Bond | 1.750% | 9/30/22 | 366,953 | 359,555 |
United States Treasury Note/Bond | 1.875% | 9/30/22 | 507,126 | 499,757 |
United States Treasury Note/Bond | 1.875% | 10/31/22 | 246,430 | 242,849 |
United States Treasury Note/Bond | 2.000% | 10/31/22 | 427,670 | 423,928 |
1 United States Treasury Note/Bond | 1.625% | 11/15/22 | 33,976 | 33,100 |
United States Treasury Note/Bond | 7.625% | 11/15/22 | 150 | 188 |
United States Treasury Note/Bond | 2.000% | 11/30/22 | 544,550 | 539,698 |
United States Treasury Note/Bond | 2.125% | 12/31/22 | 94,483 | 94,084 |
United States Treasury Note/Bond | 1.750% | 1/31/23 | 184,865 | 180,735 |
United States Treasury Note/Bond | 2.000% | 2/15/23 | 179,625 | 177,744 |
United States Treasury Note/Bond | 7.125% | 2/15/23 | 15,675 | 19,368 |
United States Treasury Note/Bond | 1.500% | 2/28/23 | 430,055 | 414,934 |
United States Treasury Note/Bond | 1.500% | 3/31/23 | 116,865 | 112,647 |
United States Treasury Note/Bond | 1.625% | 4/30/23 | 166,746 | 161,640 |
1 United States Treasury Note/Bond | 1.750% | 5/15/23 | 304,150 | 296,641 |
United States Treasury Note/Bond | 1.625% | 5/31/23 | 36,505 | 35,353 |
United States Treasury Note/Bond | 1.375% | 6/30/23 | 436,587 | 416,941 |
United States Treasury Note/Bond | 1.250% | 7/31/23 | 217,965 | 206,522 |
United States Treasury Note/Bond | 2.500% | 8/15/23 | 353,810 | 358,675 |
United States Treasury Note/Bond | 6.250% | 8/15/23 | 31,045 | 37,584 |
United States Treasury Note/Bond | 1.375% | 8/31/23 | 393,095 | 374,730 |
United States Treasury Note/Bond | 1.375% | 9/30/23 | 172,515 | 164,293 |
United States Treasury Note/Bond | 1.625% | 10/31/23 | 335,895 | 324,243 |
United States Treasury Note/Bond | 2.750% | 11/15/23 | 343,390 | 352,620 |
United States Treasury Note/Bond | 2.125% | 11/30/23 | 353,625 | 350,754 |
United States Treasury Note/Bond | 2.250% | 12/31/23 | 278,400 | 277,790 |
United States Treasury Note/Bond | 2.250% | 1/31/24 | 290,600 | 289,920 |
United States Treasury Note/Bond | 2.750% | 2/15/24 | 178,974 | 183,643 |
United States Treasury Note/Bond | 2.125% | 2/29/24 | 429,061 | 424,771 |
United States Treasury Note/Bond | 2.125% | 3/31/24 | 461,870 | 457,108 |
United States Treasury Note/Bond | 2.000% | 4/30/24 | 167,040 | 164,013 |
United States Treasury Note/Bond | 2.500% | 5/15/24 | 468,818 | 474,092 |
United States Treasury Note/Bond | 2.000% | 5/31/24 | 365,731 | 358,815 |
United States Treasury Note/Bond | 2.000% | 6/30/24 | 525,590 | 515,241 |
United States Treasury Note/Bond | 2.125% | 7/31/24 | 203,340 | 200,894 |
United States Treasury Note/Bond | 2.375% | 8/15/24 | 499,320 | 500,723 |
United States Treasury Note/Bond | 1.875% | 8/31/24 | 480,960 | 467,883 |
United States Treasury Note/Bond | 2.125% | 9/30/24 | 634,270 | 626,240 |
United States Treasury Note/Bond | 2.250% | 10/31/24 | 309,393 | 307,797 |
United States Treasury Note/Bond | 2.250% | 11/15/24 | 299,872 | 298,232 |
United States Treasury Note/Bond | 7.500% | 11/15/24 | 16,650 | 22,106 |
United States Treasury Note/Bond | 2.125% | 11/30/24 | 867,200 | 855,684 |
United States Treasury Note/Bond | 2.250% | 12/31/24 | 225,000 | 223,699 |
United States Treasury Note/Bond | 2.000% | 2/15/25 | 207,709 | 203,002 |
United States Treasury Note/Bond | 2.125% | 5/15/25 | 485,546 | 478,035 |
United States Treasury Note/Bond | 2.000% | 8/15/25 | 381,808 | 372,026 |
United States Treasury Note/Bond | 6.875% | 8/15/25 | 4,072 | 5,355 |
United States Treasury Note/Bond | 2.250% | 11/15/25 | 446,040 | 441,999 |
15
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 1.625% | 2/15/26 | 279,234 | 263,614 |
United States Treasury Note/Bond | 1.625% | 5/15/26 | 327,078 | 308,068 |
United States Treasury Note/Bond | 1.500% | 8/15/26 | 514,832 | 478,794 |
United States Treasury Note/Bond | 6.750% | 8/15/26 | 8,800 | 11,799 |
United States Treasury Note/Bond | 2.000% | 11/15/26 | 288,062 | 278,700 |
United States Treasury Note/Bond | 6.500% | 11/15/26 | 36,215 | 48,070 |
United States Treasury Note/Bond | 2.250% | 2/15/27 | 456,416 | 450,282 |
United States Treasury Note/Bond | 6.625% | 2/15/27 | 39,650 | 53,428 |
United States Treasury Note/Bond | 2.375% | 5/15/27 | 80,510 | 80,271 |
United States Treasury Note/Bond | 2.250% | 8/15/27 | 517,539 | 510,097 |
United States Treasury Note/Bond | 6.375% | 8/15/27 | 6,850 | 9,188 |
United States Treasury Note/Bond | 2.250% | 11/15/27 | 739,712 | 729,075 |
United States Treasury Note/Bond | 6.125% | 11/15/27 | 6,808 | 9,018 |
United States Treasury Note/Bond | 5.500% | 8/15/28 | 35,575 | 45,786 |
United States Treasury Note/Bond | 5.250% | 11/15/28 | 62,342 | 79,077 |
United States Treasury Note/Bond | 5.250% | 2/15/29 | 141,279 | 179,865 |
United States Treasury Note/Bond | 6.125% | 8/15/29 | 32,930 | 45,181 |
United States Treasury Note/Bond | 6.250% | 5/15/30 | 157,435 | 221,245 |
United States Treasury Note/Bond | 5.375% | 2/15/31 | 329,875 | 438,114 |
United States Treasury Note/Bond | 4.500% | 2/15/36 | 208,600 | 268,572 |
United States Treasury Note/Bond | 4.750% | 2/15/37 | 138,000 | 183,799 |
United States Treasury Note/Bond | 5.000% | 5/15/37 | 118,327 | 162,237 |
United States Treasury Note/Bond | 4.375% | 2/15/38 | 138,450 | 176,913 |
United States Treasury Note/Bond | 4.500% | 5/15/38 | 114,579 | 148,899 |
United States Treasury Note/Bond | 3.500% | 2/15/39 | 180,394 | 205,846 |
United States Treasury Note/Bond | 4.250% | 5/15/39 | 92,367 | 116,700 |
United States Treasury Note/Bond | 4.500% | 8/15/39 | 129,306 | 168,845 |
United States Treasury Note/Bond | 4.375% | 11/15/39 | 107,905 | 138,793 |
United States Treasury Note/Bond | 4.625% | 2/15/40 | 161,305 | 214,384 |
United States Treasury Note/Bond | 4.375% | 5/15/40 | 128,320 | 165,333 |
United States Treasury Note/Bond | 3.875% | 8/15/40 | 125,050 | 150,608 |
United States Treasury Note/Bond | 4.250% | 11/15/40 | 121,654 | 154,386 |
United States Treasury Note/Bond | 4.750% | 2/15/41 | 152,492 | 206,889 |
United States Treasury Note/Bond | 4.375% | 5/15/41 | 127,000 | 164,247 |
United States Treasury Note/Bond | 3.750% | 8/15/41 | 133,000 | 157,523 |
United States Treasury Note/Bond | 3.125% | 11/15/41 | 149,626 | 160,755 |
United States Treasury Note/Bond | 3.125% | 2/15/42 | 153,742 | 165,177 |
United States Treasury Note/Bond | 3.000% | 5/15/42 | 133,000 | 139,920 |
United States Treasury Note/Bond | 2.750% | 8/15/42 | 486,938 | 489,903 |
United States Treasury Note/Bond | 2.750% | 11/15/42 | 815,854 | 820,317 |
1 United States Treasury Note/Bond | 3.125% | 2/15/43 | 181,409 | 194,873 |
United States Treasury Note/Bond | 2.875% | 5/15/43 | 248,200 | 254,949 |
United States Treasury Note/Bond | 3.625% | 8/15/43 | 304,652 | 355,537 |
United States Treasury Note/Bond | 3.750% | 11/15/43 | 191,706 | 228,220 |
United States Treasury Note/Bond | 3.625% | 2/15/44 | 162,994 | 190,474 |
United States Treasury Note/Bond | 3.375% | 5/15/44 | 161,990 | 181,581 |
United States Treasury Note/Bond | 3.125% | 8/15/44 | 202,650 | 217,532 |
United States Treasury Note/Bond | 3.000% | 11/15/44 | 272,831 | 286,516 |
United States Treasury Note/Bond | 2.500% | 2/15/45 | 242,882 | 231,535 |
United States Treasury Note/Bond | 3.000% | 5/15/45 | 253,154 | 265,852 |
United States Treasury Note/Bond | 2.875% | 8/15/45 | 255,506 | 261,853 |
United States Treasury Note/Bond | 3.000% | 11/15/45 | 158,437 | 166,408 |
United States Treasury Note/Bond | 2.500% | 2/15/46 | 306,698 | 291,842 |
1 United States Treasury Note/Bond | 2.500% | 5/15/46 | 283,873 | 269,989 |
16
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 2.250% | 8/15/46 | 403,005 | 363,398 |
United States Treasury Note/Bond | 2.875% | 11/15/46 | 514,990 | 528,184 |
United States Treasury Note/Bond | 3.000% | 2/15/47 | 254,099 | 267,122 |
United States Treasury Note/Bond | 3.000% | 5/15/47 | 177,051 | 186,125 |
United States Treasury Note/Bond | 2.750% | 8/15/47 | 414,750 | 415,140 |
United States Treasury Note/Bond | 2.750% | 11/15/47 | 437,100 | 437,646 |
61,072,292 | ||||
Agency Bonds and Notes (2.2%) | ||||
2 AID-Iraq | 2.149% | 1/18/22 | 9,025 | 8,995 |
2 AID-Israel | 5.500% | 9/18/23 | 6,500 | 7,557 |
2 AID-Israel | 5.500% | 12/4/23 | 7,002 | 8,176 |
2 AID-Israel | 5.500% | 4/26/24 | 5,575 | 6,553 |
2 AID-Israel | 5.500% | 9/18/33 | 150 | 202 |
2 AID-Jordan | 1.945% | 6/23/19 | 5,400 | 5,392 |
2 AID-Jordan | 2.503% | 10/30/20 | 6,550 | 6,593 |
2 AID-Jordan | 2.578% | 6/30/22 | 3,180 | 3,195 |
2 AID-Jordan | 3.000% | 6/30/25 | 4,325 | 4,438 |
2 AID-Tunisia | 2.452% | 7/24/21 | 2,300 | 2,311 |
2 AID-Tunisia | 1.416% | 8/5/21 | 2,830 | 2,731 |
2 AID-Ukraine | 1.844% | 5/16/19 | 3,400 | 3,385 |
2 AID-Ukraine | 1.847% | 5/29/20 | 6,000 | 5,950 |
2 AID-Ukraine | 1.471% | 9/29/21 | 6,825 | 6,619 |
3 Federal Farm Credit Banks | 5.150% | 11/15/19 | 5,625 | 5,954 |
3 Federal Farm Credit Banks | 1.680% | 10/13/20 | 9,200 | 9,111 |
3 Federal Farm Credit Banks | 3.500% | 12/20/23 | 5,100 | 5,416 |
3 Federal Home Loan Banks | 1.250% | 1/16/19 | 63,285 | 62,920 |
3 Federal Home Loan Banks | 1.500% | 3/8/19 | 1,000 | 996 |
3 Federal Home Loan Banks | 1.875% | 3/8/19 | 1,070 | 1,070 |
3 Federal Home Loan Banks | 1.375% | 3/18/19 | 62,500 | 62,143 |
3 Federal Home Loan Banks | 1.375% | 5/28/19 | 42,500 | 42,202 |
3 Federal Home Loan Banks | 1.125% | 6/21/19 | 57,975 | 57,341 |
3 Federal Home Loan Banks | 0.875% | 8/5/19 | 52,500 | 51,650 |
3 Federal Home Loan Banks | 5.125% | 8/15/19 | 4,095 | 4,304 |
3 Federal Home Loan Banks | 1.000% | 9/26/19 | 42,500 | 41,834 |
3 Federal Home Loan Banks | 1.500% | 10/21/19 | 113,400 | 112,533 |
3 Federal Home Loan Banks | 1.375% | 11/15/19 | 36,425 | 36,047 |
3 Federal Home Loan Banks | 1.875% | 3/13/20 | 3,575 | 3,567 |
3 Federal Home Loan Banks | 4.125% | 3/13/20 | 20,315 | 21,250 |
3 Federal Home Loan Banks | 3.375% | 6/12/20 | 15,325 | 15,826 |
3 Federal Home Loan Banks | 1.375% | 9/28/20 | 21,525 | 21,152 |
3 Federal Home Loan Banks | 3.125% | 12/11/20 | 1,000 | 1,030 |
3 Federal Home Loan Banks | 5.250% | 12/11/20 | 5,250 | 5,726 |
3 Federal Home Loan Banks | 1.375% | 2/18/21 | 16,820 | 16,468 |
3 Federal Home Loan Banks | 2.250% | 6/11/21 | 30,000 | 30,140 |
3 Federal Home Loan Banks | 5.625% | 6/11/21 | 17,350 | 19,365 |
3 Federal Home Loan Banks | 1.125% | 7/14/21 | 19,500 | 18,837 |
3 Federal Home Loan Banks | 1.875% | 11/29/21 | 79,160 | 78,322 |
3 Federal Home Loan Banks | 2.000% | 9/9/22 | 1,265 | 1,251 |
3 Federal Home Loan Banks | 2.125% | 3/10/23 | 28,800 | 28,540 |
3 Federal Home Loan Banks | 2.875% | 6/14/24 | 200 | 205 |
3 Federal Home Loan Banks | 5.375% | 8/15/24 | 1,585 | 1,868 |
3 Federal Home Loan Banks | 2.875% | 9/13/24 | 1,000 | 1,025 |
3 Federal Home Loan Banks | 5.500% | 7/15/36 | 16,715 | 22,901 |
4 Federal Home Loan Mortgage Corp. | 3.750% | 3/27/19 | 41,385 | 42,339 |
17
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
4 Federal Home Loan Mortgage Corp. | 1.125% | 4/15/19 | 59,500 | 58,944 |
4 Federal Home Loan Mortgage Corp. | 1.750% | 5/30/19 | 35,575 | 35,509 |
4 Federal Home Loan Mortgage Corp. | 0.875% | 7/19/19 | 47,121 | 46,386 |
4 Federal Home Loan Mortgage Corp. | 1.250% | 8/1/19 | 32,929 | 32,590 |
4 Federal Home Loan Mortgage Corp. | 1.375% | 8/15/19 | 53,000 | 52,547 |
4 Federal Home Loan Mortgage Corp. | 1.250% | 10/2/19 | 46,929 | 46,379 |
4 Federal Home Loan Mortgage Corp. | 1.500% | 1/17/20 | 122,000 | 120,875 |
4 Federal Home Loan Mortgage Corp. | 1.375% | 4/20/20 | 34,346 | 33,879 |
4 Federal Home Loan Mortgage Corp. | 1.375% | 5/1/20 | 15,829 | 15,605 |
4 Federal Home Loan Mortgage Corp. | 1.625% | 9/29/20 | 69,400 | 68,655 |
4 Federal Home Loan Mortgage Corp. | 1.875% | 11/17/20 | 71,468 | 71,122 |
4 Federal Home Loan Mortgage Corp. | 1.125% | 8/12/21 | 36,000 | 34,738 |
4 Federal Home Loan Mortgage Corp. | 2.375% | 1/13/22 | 70,985 | 71,449 |
4 Federal Home Loan Mortgage Corp. | 6.750% | 9/15/29 | 2,573 | 3,577 |
4 Federal Home Loan Mortgage Corp. | 6.750% | 3/15/31 | 26,470 | 37,781 |
4 Federal Home Loan Mortgage Corp. | 6.250% | 7/15/32 | 28,178 | 39,455 |
4 Federal National Mortgage Assn. | 1.125% | 12/14/18 | 63,117 | 62,707 |
4 Federal National Mortgage Assn. | 1.375% | 1/28/19 | 47,720 | 47,499 |
4 Federal National Mortgage Assn. | 1.875% | 2/19/19 | 44,750 | 44,771 |
4 Federal National Mortgage Assn. | 1.000% | 2/26/19 | 26,955 | 26,701 |
4 Federal National Mortgage Assn. | 1.750% | 6/20/19 | 76,800 | 76,653 |
4 Federal National Mortgage Assn. | 0.875% | 8/2/19 | 108,500 | 106,751 |
4 Federal National Mortgage Assn. | 1.000% | 8/28/19 | 59,450 | 58,570 |
4 Federal National Mortgage Assn. | 1.750% | 9/12/19 | 72,925 | 72,715 |
4 Federal National Mortgage Assn. | 0.000% | 10/9/19 | 23,075 | 22,248 |
4 Federal National Mortgage Assn. | 1.000% | 10/24/19 | 56,000 | 55,074 |
4 Federal National Mortgage Assn. | 1.750% | 11/26/19 | 17,250 | 17,188 |
4 Federal National Mortgage Assn. | 1.625% | 1/21/20 | 40,320 | 40,047 |
4 Federal National Mortgage Assn. | 1.500% | 2/28/20 | 49,775 | 49,280 |
4 Federal National Mortgage Assn. | 1.500% | 6/22/20 | 18,200 | 17,982 |
4 Federal National Mortgage Assn. | 1.500% | 7/30/20 | 32,000 | 31,593 |
4 Federal National Mortgage Assn. | 1.500% | 11/30/20 | 18,032 | 17,754 |
4 Federal National Mortgage Assn. | 1.875% | 12/28/20 | 42,000 | 41,777 |
4 Federal National Mortgage Assn. | 1.375% | 2/26/21 | 20,285 | 19,858 |
4 Federal National Mortgage Assn. | 1.250% | 8/17/21 | 23,645 | 22,916 |
4 Federal National Mortgage Assn. | 1.375% | 10/7/21 | 44,250 | 43,018 |
4 Federal National Mortgage Assn. | 2.000% | 1/5/22 | 101,000 | 100,211 |
4 Federal National Mortgage Assn. | 1.875% | 4/5/22 | 61,000 | 60,162 |
4 Federal National Mortgage Assn. | 2.000% | 10/5/22 | 64,800 | 64,000 |
4 Federal National Mortgage Assn. | 2.625% | 9/6/24 | 26,715 | 27,050 |
4 Federal National Mortgage Assn. | 2.125% | 4/24/26 | 32,200 | 31,193 |
4 Federal National Mortgage Assn. | 1.875% | 9/24/26 | 30,435 | 28,711 |
4 Federal National Mortgage Assn. | 6.250% | 5/15/29 | 7,250 | 9,667 |
4 Federal National Mortgage Assn. | 7.125% | 1/15/30 | 8,850 | 12,711 |
4 Federal National Mortgage Assn. | 7.250% | 5/15/30 | 32,760 | 47,762 |
4 Federal National Mortgage Assn. | 6.625% | 11/15/30 | 27,435 | 38,582 |
4 Federal National Mortgage Assn. | 5.625% | 7/15/37 | 3,396 | 4,741 |
4 Federal National Mortgage Assn. | 6.210% | 8/6/38 | 300 | 446 |
3 Financing Corp. | 9.700% | 4/5/19 | 475 | 521 |
NCUA Guaranteed Notes | 3.000% | 6/12/19 | 180 | 183 |
Private Export Funding Corp. | 4.375% | 3/15/19 | 7,567 | 7,781 |
Private Export Funding Corp. | 1.450% | 8/15/19 | 7,700 | 7,629 |
Private Export Funding Corp. | 2.250% | 3/15/20 | 7,050 | 7,077 |
Private Export Funding Corp. | 2.300% | 9/15/20 | 2,575 | 2,584 |
18
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Private Export Funding Corp. | 4.300% | 12/15/21 | 7,760 | 8,344 | |
Private Export Funding Corp. | 2.800% | 5/15/22 | 1,125 | 1,146 | |
Private Export Funding Corp. | 2.050% | 11/15/22 | 15,525 | 15,287 | |
Private Export Funding Corp. | 3.550% | 1/15/24 | 16,425 | 17,433 | |
Private Export Funding Corp. | 2.450% | 7/15/24 | 4,955 | 4,931 | |
Private Export Funding Corp. | 3.250% | 6/15/25 | 1,575 | 1,641 | |
Resolution Funding Corp. | 8.125% | 10/15/19 | 100 | 111 | |
Resolution Funding Corp. | 8.875% | 7/15/20 | 100 | 117 | |
3 | Tennessee Valley Authority | 3.875% | 2/15/21 | 5,395 | 5,678 |
3 | Tennessee Valley Authority | 1.875% | 8/15/22 | 3,875 | 3,809 |
3 | Tennessee Valley Authority | 2.875% | 9/15/24 | 12,231 | 12,504 |
3 | Tennessee Valley Authority | 6.750% | 11/1/25 | 18,981 | 24,459 |
3 | Tennessee Valley Authority | 2.875% | 2/1/27 | 25,750 | 26,205 |
3 | Tennessee Valley Authority | 7.125% | 5/1/30 | 9,625 | 13,822 |
3 | Tennessee Valley Authority | 4.700% | 7/15/33 | 100 | 122 |
3 | Tennessee Valley Authority | 4.650% | 6/15/35 | 4,000 | 4,859 |
3 | Tennessee Valley Authority | 5.880% | 4/1/36 | 6,795 | 9,489 |
3 | Tennessee Valley Authority | 6.150% | 1/15/38 | 665 | 974 |
3 | Tennessee Valley Authority | 5.500% | 6/15/38 | 1,436 | 1,962 |
3 | Tennessee Valley Authority | 5.250% | 9/15/39 | 12,048 | 16,178 |
3 | Tennessee Valley Authority | 4.875% | 1/15/48 | 14,320 | 18,585 |
3 | Tennessee Valley Authority | 5.375% | 4/1/56 | 5,585 | 7,868 |
3 | Tennessee Valley Authority | 4.625% | 9/15/60 | 8,838 | 11,117 |
3 | Tennessee Valley Authority | 4.250% | 9/15/65 | 8,050 | 9,479 |
3,207,154 | |||||
Conventional Mortgage-Backed Securities (21.0%) | |||||
4,5 | Fannie Mae Pool | 2.000% | 11/1/27–11/1/31 | 85,821 | 84,095 |
4,5,6 Fannie Mae Pool | 2.500% | 11/1/26–10/1/46 | 990,371 | 991,521 | |
4,5,6 Fannie Mae Pool | 3.000% | 11/1/20–1/1/48 | 3,379,830 | 3,406,403 | |
4,5,6 Fannie Mae Pool | 3.500% | 5/1/20–1/1/48 | 3,811,033 | 3,926,535 | |
4,5,6 Fannie Mae Pool | 4.000% | 6/1/18–1/1/48 | 2,507,509 | 2,629,271 | |
4,5,6 Fannie Mae Pool | 4.500% | 2/1/18–1/1/48 | 983,756 | 1,050,444 | |
4,5,6 Fannie Mae Pool | 5.000% | 1/1/18–12/1/47 | 341,543 | 367,891 | |
4,5 | Fannie Mae Pool | 5.500% | 1/1/18–2/1/42 | 289,730 | 317,732 |
4,5 | Fannie Mae Pool | 6.000% | 10/1/18–5/1/41 | 195,083 | 218,724 |
4,5 | Fannie Mae Pool | 6.500% | 3/1/18–5/1/40 | 47,192 | 52,427 |
4,5 | Fannie Mae Pool | 7.000% | 8/1/27–12/1/38 | 13,189 | 15,083 |
4,5 | Fannie Mae Pool | 7.500% | 7/1/30–12/1/32 | 156 | 175 |
4,5 | Fannie Mae Pool | 8.000% | 12/1/29 | 18 | 20 |
4,5 | Freddie Mac Gold Pool | 2.000% | 7/1/28–12/1/31 | 44,665 | 43,785 |
4,5,6 Freddie Mac Gold Pool | 2.500% | 4/1/27–10/1/46 | 728,166 | 728,740 | |
4,5,6 Freddie Mac Gold Pool | 3.000% | 4/1/21–1/1/48 | 2,360,831 | 2,377,118 | |
4,5,6 Freddie Mac Gold Pool | 3.500% | 12/1/20–1/1/48 | 2,488,379 | 2,561,953 | |
4,5,6 Freddie Mac Gold Pool | 4.000% | 3/1/18–1/1/48 | 1,503,398 | 1,575,669 | |
4,5,6 Freddie Mac Gold Pool | 4.500% | 1/1/18–1/1/48 | 564,913 | 601,965 | |
4,5 | Freddie Mac Gold Pool | 5.000% | 1/1/18–8/1/44 | 201,325 | 216,750 |
4,5 | Freddie Mac Gold Pool | 5.500% | 2/1/18–6/1/41 | 156,944 | 171,684 |
4,5 | Freddie Mac Gold Pool | 6.000% | 11/1/18–5/1/40 | 80,896 | 90,540 |
4,5 | Freddie Mac Gold Pool | 6.500% | 3/1/22–9/1/39 | 20,364 | 22,666 |
4,5 | Freddie Mac Gold Pool | 7.000% | 3/1/26–12/1/38 | 7,743 | 8,922 |
4,5 | Freddie Mac Gold Pool | 7.500% | 4/1/27–2/1/32 | 71 | 83 |
4,5 | Freddie Mac Gold Pool | 8.000% | 1/1/27–11/1/31 | 107 | 122 |
4,5 | Freddie Mac Gold Pool | 8.500% | 6/1/25 | 23 | 27 |
5 | Ginnie Mae I Pool | 3.000% | 1/15/26–3/15/45 | 124,587 | 126,266 |
19
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
5 | Ginnie Mae I Pool | 3.500% | 11/15/25–1/1/48 | 123,115 | 127,856 |
5,6 | Ginnie Mae I Pool | 4.000% | 8/15/18–1/1/48 | 215,251 | 225,512 |
5,6 | Ginnie Mae I Pool | 4.500% | 6/15/18–1/1/48 | 190,083 | 201,244 |
5 | Ginnie Mae I Pool | 5.000% | 2/15/18–11/15/46 | 119,092 | 128,929 |
5 | Ginnie Mae I Pool | 5.500% | 6/15/18–6/15/41 | 56,643 | 62,563 |
5 | Ginnie Mae I Pool | 6.000% | 1/15/26–6/15/41 | 35,710 | 40,107 |
5 | Ginnie Mae I Pool | 6.500% | 5/15/24–8/15/39 | 9,978 | 11,139 |
5 | Ginnie Mae I Pool | 7.000% | 7/15/23–9/15/36 | 497 | 569 |
5 | Ginnie Mae I Pool | 7.500% | 12/15/23 | 15 | 17 |
5 | Ginnie Mae I Pool | 8.000% | 6/15/25–1/15/27 | 43 | 49 |
5 | Ginnie Mae II Pool | 2.500% | 6/20/27–11/20/46 | 75,520 | 74,430 |
5,6 | Ginnie Mae II Pool | 3.000% | 10/20/26–1/1/48 | 2,357,313 | 2,383,425 |
5,6 | Ginnie Mae II Pool | 3.500% | 9/20/25–1/1/48 | 3,503,358 | 3,631,718 |
5,6 | Ginnie Mae II Pool | 4.000% | 9/20/25–2/1/48 | 1,618,075 | 1,691,633 |
5,6 | Ginnie Mae II Pool | 4.500% | 8/20/33–1/1/48 | 634,897 | 672,204 |
5 | Ginnie Mae II Pool | 5.000% | 3/20/18–6/20/44 | 205,582 | 222,603 |
5 | Ginnie Mae II Pool | 5.500% | 8/20/23–5/20/45 | 74,165 | 80,815 |
5 | Ginnie Mae II Pool | 6.000% | 3/20/31–9/20/41 | 23,324 | 25,930 |
5 | Ginnie Mae II Pool | 6.500% | 10/20/28–11/20/39 | 8,350 | 9,380 |
5 | Ginnie Mae II Pool | 7.000% | 8/20/34–11/20/38 | 1,566 | 1,848 |
31,178,582 | |||||
Nonconventional Mortgage-Backed Securities (0.1%) | |||||
4,5 | Fannie Mae Pool | 2.124% | 3/1/43 | 4,221 | 4,209 |
4,5 | Fannie Mae Pool | 2.178% | 6/1/43 | 3,160 | 3,162 |
4,5 | Fannie Mae Pool | 2.196% | 10/1/42 | 2,100 | 2,138 |
4,5 | Fannie Mae Pool | 2.268% | 7/1/43 | 4,255 | 4,204 |
4,5 | Fannie Mae Pool | 2.393% | 10/1/42 | 2,064 | 2,065 |
4,5 | Fannie Mae Pool | 2.439% | 9/1/43 | 555 | 555 |
4,5,7 Fannie Mae Pool | 2.576% | 4/1/37 | 805 | 834 | |
4,5 | Fannie Mae Pool | 2.713% | 12/1/43 | 2,850 | 2,960 |
4,5 | Fannie Mae Pool | 2.719% | 1/1/42 | 2,078 | 2,095 |
4,5 | Fannie Mae Pool | 2.722% | 3/1/42 | 2,337 | 2,433 |
4,5,7 Fannie Mae Pool | 2.886% | 9/1/43 | 3,099 | 3,267 | |
4,5,8 Fannie Mae Pool | 2.985% | 6/1/37 | 117 | 122 | |
4,5,9 Fannie Mae Pool | 3.031% | 12/1/41 | 1,154 | 1,185 | |
4,5,9 Fannie Mae Pool | 3.060% | 9/1/37 | 1,492 | 1,590 | |
4,5,9 Fannie Mae Pool | 3.067% | 10/1/37 | 233 | 238 | |
4,5,9 Fannie Mae Pool | 3.081% | 2/1/41 | 672 | 707 | |
4,5,9 Fannie Mae Pool | 3.084% | 2/1/41 | 852 | 894 | |
4,5,8 Fannie Mae Pool | 3.088% | 1/1/35 | 433 | 462 | |
4,5,7 Fannie Mae Pool | 3.215% | 8/1/37 | 351 | 368 | |
4,5,9 Fannie Mae Pool | 3.285% | 2/1/36 | 290 | 295 | |
4,5,9 Fannie Mae Pool | 3.288% | 7/1/36 | 205 | 212 | |
4,5,9 Fannie Mae Pool | 3.310% | 12/1/33 | 175 | 186 | |
4,5,9 Fannie Mae Pool | 3.325% | 11/1/33 | 112 | 119 | |
4,5 | Fannie Mae Pool | 3.344% | 8/1/42 | 1,983 | 1,992 |
4,5,9 Fannie Mae Pool | 3.354% | 12/1/40 | 570 | 599 | |
4,5,9 Fannie Mae Pool | 3.362% | 8/1/35 | 346 | 367 | |
4,5,8 Fannie Mae Pool | 3.363% | 7/1/38 | 79 | 83 | |
4,5,9 Fannie Mae Pool | 3.364% | 12/1/40 | 441 | 462 | |
4,5,8 Fannie Mae Pool | 3.371% | 12/1/35 | 324 | 342 | |
4,5,9 Fannie Mae Pool | 3.385% | 11/1/36 | 131 | 138 | |
4,5,9 Fannie Mae Pool | 3.408% | 9/1/34���2/1/36 | 438 | 462 | |
4,5,9 Fannie Mae Pool | 3.410% | 9/1/40 | 468 | 494 | |
4,5,9 Fannie Mae Pool | 3.411% | 1/1/37 | 245 | 261 |
20
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
4,5,9 Fannie Mae Pool | 3.415% | 7/1/35–6/1/36 | 385 | 404 |
4,5,9 Fannie Mae Pool | 3.422% | 10/1/37 | 665 | 683 |
4,5,9 Fannie Mae Pool | 3.435% | 12/1/40 | 818 | 855 |
4,5,9 Fannie Mae Pool | 3.440% | 10/1/39–9/1/42 | 2,230 | 2,319 |
4,5,9 Fannie Mae Pool | 3.445% | 7/1/39 | 132 | 137 |
4,5,9 Fannie Mae Pool | 3.448% | 8/1/40–6/1/42 | 2,968 | 3,087 |
4,5,7 Fannie Mae Pool | 3.453% | 5/1/42 | 2,141 | 2,232 |
4,5,9 Fannie Mae Pool | 3.455% | 11/1/39 | 203 | 215 |
4,5,9 Fannie Mae Pool | 3.473% | 1/1/40 | 390 | 404 |
4,5,9 Fannie Mae Pool | 3.474% | 1/1/42 | 1,139 | 1,194 |
4,5,9 Fannie Mae Pool | 3.475% | 5/1/40 | 414 | 441 |
4,5,9 Fannie Mae Pool | 3.476% | 2/1/41 | 405 | 406 |
4,5,9 Fannie Mae Pool | 3.481% | 5/1/35–5/1/42 | 1,304 | 1,362 |
4,5,9 Fannie Mae Pool | 3.487% | 4/1/36 | 116 | 121 |
4,5,9 Fannie Mae Pool | 3.500% | 10/1/40 | 673 | 708 |
4,5,7 Fannie Mae Pool | 3.516% | 7/1/42 | 1,226 | 1,318 |
4,5,9 Fannie Mae Pool | 3.529% | 3/1/41 | 1,032 | 1,083 |
4,5,7 Fannie Mae Pool | 3.535% | 7/1/37 | 185 | 196 |
4,5,7 Fannie Mae Pool | 3.545% | 8/1/39 | 1,222 | 1,252 |
4,5,7 Fannie Mae Pool | 3.553% | 2/1/42 | 3,830 | 4,062 |
4,5,9 Fannie Mae Pool | 3.555% | 11/1/41 | 1,090 | 1,161 |
4,5,9 Fannie Mae Pool | 3.556% | 3/1/42 | 1,172 | 1,254 |
4,5,9 Fannie Mae Pool | 3.560% | 11/1/33–10/1/40 | 1,835 | 1,930 |
4,5,9 Fannie Mae Pool | 3.563% | 11/1/41–12/1/41 | 1,996 | 2,107 |
4,5,9 Fannie Mae Pool | 3.565% | 11/1/40–12/1/40 | 1,206 | 1,268 |
4,5,9 Fannie Mae Pool | 3.567% | 12/1/39 | 762 | 792 |
4,5,9 Fannie Mae Pool | 3.572% | 9/1/40 | 1,378 | 1,452 |
4,5,9 Fannie Mae Pool | 3.575% | 3/1/41 | 1,097 | 1,168 |
4,5,9 Fannie Mae Pool | 3.576% | 7/1/38 | 97 | 100 |
4,5,9 Fannie Mae Pool | 3.590% | 8/1/39 | 326 | 344 |
4,5,9 Fannie Mae Pool | 3.604% | 11/1/34–11/1/39 | 989 | 1,042 |
4,5 Fannie Mae Pool | 3.615% | 4/1/41 | 893 | 906 |
4,5,9 Fannie Mae Pool | 3.632% | 5/1/40 | 184 | 192 |
4,5,9 Fannie Mae Pool | 3.635% | 5/1/41 | 781 | 821 |
4,5 Fannie Mae Pool | 3.637% | 7/1/41 | 2,321 | 2,449 |
4,5,9 Fannie Mae Pool | 3.649% | 4/1/37 | 28 | 30 |
4,5,7 Fannie Mae Pool | 3.651% | 2/1/42 | 1,433 | 1,530 |
4,5 Fannie Mae Pool | 3.703% | 6/1/41 | 260 | 274 |
4,5 Fannie Mae Pool | 3.768% | 6/1/41 | 1,146 | 1,209 |
4,5,9 Fannie Mae Pool | 3.787% | 5/1/36 | 24 | 24 |
4,5,9 Fannie Mae Pool | 3.864% | 10/1/36 | 251 | 270 |
4,5,9 Fannie Mae Pool | 5.188% | 3/1/38 | 173 | 178 |
4,5,8 Fannie Mae Pool | 5.860% | 12/1/37 | 587 | 604 |
4,5 Freddie Mac Non Gold Pool | 2.386% | 5/1/42 | 468 | 467 |
4,5 Freddie Mac Non Gold Pool | 2.538% | 11/1/43 | 2,862 | 2,868 |
4,5 Freddie Mac Non Gold Pool | 2.717% | 2/1/42 | 1,578 | 1,586 |
4,5,9 Freddie Mac Non Gold Pool | 2.735% | 10/1/37 | 23 | 23 |
4,5 Freddie Mac Non Gold Pool | 2.804% | 1/1/41 | 1,463 | 1,526 |
4,5,7 Freddie Mac Non Gold Pool | 2.855% | 6/1/37 | 153 | 156 |
4,5 Freddie Mac Non Gold Pool | 2.959% | 12/1/41 | 1,647 | 1,718 |
4,5,7 Freddie Mac Non Gold Pool | 3.039% | 3/1/37 | 17 | 18 |
4,5,9 Freddie Mac Non Gold Pool | 3.081% | 7/1/35 | 126 | 133 |
4,5,7 Freddie Mac Non Gold Pool | 3.090% | 1/1/37 | 328 | 345 |
4,5,8 Freddie Mac Non Gold Pool | 3.109% | 2/1/36 | 131 | 136 |
4,5,8 Freddie Mac Non Gold Pool | 3.168% | 10/1/36 | 307 | 332 |
21
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
4,5 Freddie Mac Non Gold Pool | 3.189% | 1/1/41 | 250 | 263 |
4,5,8 Freddie Mac Non Gold Pool | 3.212% | 5/1/36 | 239 | 250 |
4,5,9 Freddie Mac Non Gold Pool | 3.250% | 1/1/38 | 199 | 210 |
4,5,9 Freddie Mac Non Gold Pool | 3.296% | 3/1/37 | 18 | 19 |
4,5,9 Freddie Mac Non Gold Pool | 3.352% | 1/1/35 | 44 | 48 |
4,5,9 Freddie Mac Non Gold Pool | 3.357% | 3/1/37 | 78 | 79 |
4,5,9 Freddie Mac Non Gold Pool | 3.364% | 2/1/37 | 128 | 135 |
4,5,9 Freddie Mac Non Gold Pool | 3.376% | 12/1/40 | 1,344 | 1,392 |
4,5,9 Freddie Mac Non Gold Pool | 3.377% | 12/1/36 | 183 | 194 |
4,5 Freddie Mac Non Gold Pool | 3.388% | 3/1/42 | 1,055 | 1,108 |
4,5,8 Freddie Mac Non Gold Pool | 3.395% | 11/1/36 | 114 | 118 |
4,5,9 Freddie Mac Non Gold Pool | 3.410% | 10/1/37 | 566 | 587 |
4,5,8 Freddie Mac Non Gold Pool | 3.423% | 3/1/37 | 41 | 41 |
4,5,9 Freddie Mac Non Gold Pool | 3.474% | 9/1/37 | 188 | 193 |
4,5,9 Freddie Mac Non Gold Pool | 3.492% | 12/1/36 | 266 | 274 |
4,5,8 Freddie Mac Non Gold Pool | 3.494% | 11/1/34 | 411 | 429 |
4,5,9 Freddie Mac Non Gold Pool | 3.496% | 12/1/34 | 117 | 119 |
4,5,9 Freddie Mac Non Gold Pool | 3.500% | 5/1/38 | 40 | 42 |
4,5,9 Freddie Mac Non Gold Pool | 3.505% | 12/1/40 | 421 | 436 |
4,5,9 Freddie Mac Non Gold Pool | 3.506% | 2/1/42 | 319 | 333 |
4,5,9 Freddie Mac Non Gold Pool | 3.515% | 4/1/35–12/1/36 | 66 | 71 |
4,5,9 Freddie Mac Non Gold Pool | 3.524% | 12/1/35 | 308 | 324 |
4,5,9 Freddie Mac Non Gold Pool | 3.544% | 6/1/37 | 450 | 479 |
4,5,9 Freddie Mac Non Gold Pool | 3.606% | 1/1/37 | 157 | 167 |
4,5,9 Freddie Mac Non Gold Pool | 3.615% | 3/1/41 | 245 | 260 |
4,5,9 Freddie Mac Non Gold Pool | 3.630% | 5/1/40–11/1/40 | 827 | 851 |
4,5,9 Freddie Mac Non Gold Pool | 3.635% | 7/1/38 | 189 | 191 |
4,5,9 Freddie Mac Non Gold Pool | 3.649% | 9/1/40 | 962 | 1,009 |
4,5,9 Freddie Mac Non Gold Pool | 3.650% | 11/1/40 | 577 | 594 |
4,5,9 Freddie Mac Non Gold Pool | 3.652% | 8/1/37–2/1/41 | 558 | 589 |
4,5,9 Freddie Mac Non Gold Pool | 3.660% | 2/1/41 | 694 | 737 |
4,5,9 Freddie Mac Non Gold Pool | 3.686% | 6/1/37 | 218 | 231 |
4,5,9 Freddie Mac Non Gold Pool | 3.688% | 3/1/37 | 227 | 241 |
4,5,9 Freddie Mac Non Gold Pool | 3.701% | 6/1/41 | 318 | 331 |
4,5,9 Freddie Mac Non Gold Pool | 3.706% | 5/1/40 | 242 | 253 |
4,5,9 Freddie Mac Non Gold Pool | 3.708% | 6/1/40 | 508 | 522 |
4,5,9 Freddie Mac Non Gold Pool | 3.714% | 6/1/40 | 987 | 1,034 |
4,5,9 Freddie Mac Non Gold Pool | 3.753% | 5/1/37 | 764 | 788 |
4,5 Freddie Mac Non Gold Pool | 4.865% | 3/1/38 | 164 | 172 |
5,8 Ginnie Mae II Pool | 2.250% | 10/20/38–12/20/42 | 6,849 | 7,054 |
5,8 Ginnie Mae II Pool | 2.375% | 1/20/41–3/20/43 | 11,832 | 12,203 |
5,8 Ginnie Mae II Pool | 2.500% | 10/20/41–5/20/43 | 3,025 | 3,132 |
5,8 Ginnie Mae II Pool | 2.625% | 6/20/29–6/20/43 | 7,073 | 7,260 |
5,8 Ginnie Mae II Pool | 2.750% | 7/20/38–8/20/41 | 4,223 | 4,342 |
5,8 Ginnie Mae II Pool | 3.000% | 11/20/40–10/20/41 | 1,101 | 1,139 |
5,8 Ginnie Mae II Pool | 3.125% | 5/20/41 | 510 | 528 |
5 Ginnie Mae II Pool | 3.500% | 12/20/43 | 486 | 490 |
143,654 | ||||
Total U.S. Government and Agency Obligations (Cost $95,848,318) | 95,601,682 |
22
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Asset-Backed/Commercial Mortgage-Backed Securities (2.2%) | ||||
5 AEP Texas Central Transition Funding II | ||||
LLC 2006-A | 5.170% | 1/1/18 | 319 | 319 |
5 Ally Auto Receivables Trust 2014-1 | 1.530% | 4/15/19 | 426 | 426 |
5 Ally Auto Receivables Trust 2014-3 | 1.280% | 6/17/19 | 339 | 338 |
5 Ally Auto Receivables Trust 2014-3 | 1.720% | 3/16/20 | 1,325 | 1,324 |
5 Ally Auto Receivables Trust 2015-1 | 1.390% | 9/16/19 | 340 | 340 |
5 Ally Auto Receivables Trust 2015-1 | 1.750% | 5/15/20 | 1,075 | 1,074 |
5 Ally Auto Receivables Trust 2015-2 | 1.490% | 11/15/19 | 1,043 | 1,042 |
5 Ally Auto Receivables Trust 2015-2 | 1.840% | 6/15/20 | 1,310 | 1,308 |
5 Ally Auto Receivables Trust 2017-4 | 1.750% | 12/15/21 | 6,038 | 5,993 |
5 Ally Auto Receivables Trust 2017-4 | 1.960% | 7/15/22 | 2,568 | 2,538 |
5 Ally Master Owner Trust Series 2015-3 | 1.630% | 5/15/20 | 4,950 | 4,947 |
5 American Express Credit Account Master | ||||
Trust 2017-1 | 1.930% | 9/15/22 | 10,100 | 10,053 |
5 American Express Credit Account Master | ||||
Trust 2017-3 | 1.770% | 11/15/22 | 20,000 | 19,826 |
5 American Express Credit Account Master | ||||
Trust 2017-6 | 2.040% | 5/15/23 | 16,125 | 16,049 |
5 American Express Credit Account Master | ||||
Trust 2017-7 | 2.350% | 5/15/25 | 9,825 | 9,791 |
5 AmeriCredit Automobile Receivables Trust | ||||
2015-2 | 1.270% | 1/8/20 | 309 | 308 |
5 AmeriCredit Automobile Receivables Trust | ||||
2016-3 | 1.460% | 5/10/21 | 2,650 | 2,637 |
5 AmeriCredit Automobile Receivables Trust | ||||
2017-2 | 1.980% | 12/20/21 | 1,450 | 1,444 |
5 AmeriCredit Automobile Receivables Trust | ||||
2017-3 | 1.900% | 3/18/22 | 3,320 | 3,296 |
5 BA Credit Card Trust 2017-A1 | 1.950% | 8/15/22 | 10,000 | 9,956 |
5 Banc of America Commercial Mortgage | ||||
Trust 2015-UBS7 | 3.429% | 9/15/48 | 1,425 | 1,472 |
5 Banc of America Commercial Mortgage | ||||
Trust 2015-UBS7 | 3.705% | 9/15/48 | 2,525 | 2,628 |
5 Banc of America Commercial Mortgage | ||||
Trust 2017-BNK3 | 3.574% | 2/15/50 | 7,200 | 7,451 |
5 Banc of America Commercial Mortgage | ||||
Trust 2017-BNK3 | 3.748% | 2/15/50 | 2,800 | 2,859 |
5 BANK 2017 - BNK4 | 3.625% | 5/15/50 | 5,700 | 5,914 |
5 BANK 2017 - BNK5 | 3.390% | 6/15/60 | 7,000 | 7,131 |
5 BANK 2017 - BNK5 | 3.624% | 6/15/60 | 3,500 | 3,550 |
5 BANK 2017 - BNK6 | 3.518% | 7/15/60 | 9,408 | 9,675 |
5 BANK 2017 - BNK6 | 3.741% | 7/15/60 | 9,408 | 9,645 |
5 BANK 2017 - BNK7 | 3.175% | 9/15/60 | 7,575 | 7,596 |
5 BANK 2017 - BNK7 | 3.435% | 9/15/60 | 4,690 | 4,795 |
5 BANK 2017 - BNK7 | 3.748% | 9/15/60 | 5,225 | 5,338 |
5 BANK 2017 - BNK8 | 3.488% | 11/15/50 | 5,925 | 6,078 |
5 BANK 2017 - BNK8 | 3.731% | 11/15/50 | 1,000 | 1,025 |
5 BANK 2017 - BNK9 | 3.279% | 11/15/54 | 5,925 | 5,975 |
5 BANK 2017 - BNK9 | 3.538% | 11/15/54 | 5,925 | 6,103 |
Bank of Nova Scotia | 2.125% | 9/11/19 | 7,400 | 7,373 |
Bank of Nova Scotia | 1.850% | 4/14/20 | 17,300 | 17,111 |
Bank of Nova Scotia | 1.875% | 4/26/21 | 5,225 | 5,110 |
5 Barclays Dryrock Issuance Trust 2015-2 | 1.560% | 3/15/21 | 2,875 | 2,873 |
23
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 Barclays Dryrock Issuance Trust 2016-1 | 1.520% | 5/16/22 | 4,925 | 4,878 |
5 BBCMS Mortgage Trust 2017-C1 | 3.674% | 2/15/50 | 10,825 | 11,227 |
5 BBCMS Mortgage Trust 2017-C1 | 3.898% | 2/15/50 | 2,900 | 3,027 |
5 BMW Vehicle Lease Trust 2015-2 | 1.400% | 9/20/18 | 225 | 225 |
5 BMW Vehicle Lease Trust 2015-2 | 1.550% | 2/20/19 | 1,250 | 1,249 |
5 BMW Vehicle Lease Trust 2017-2 | 2.070% | 10/20/20 | 2,650 | 2,642 |
5 BMW Vehicle Owner Trust 2014-A | 1.500% | 2/25/21 | 1,577 | 1,575 |
5 Capital Auto Receivables Asset Trust 2015-1 | 1.610% | 6/20/19 | 396 | 396 |
5 Capital Auto Receivables Asset Trust 2015-1 | 1.860% | 10/21/19 | 1,300 | 1,300 |
5 Capital Auto Receivables Asset Trust 2015-2 | 1.730% | 9/20/19 | 1,889 | 1,889 |
5 Capital Auto Receivables Asset Trust 2015-2 | 1.970% | 1/21/20 | 1,800 | 1,801 |
5 Capital Auto Receivables Asset Trust 2015-3 | 1.940% | 1/21/20 | 2,511 | 2,511 |
5 Capital Auto Receivables Asset Trust 2015-3 | 2.130% | 5/20/20 | 1,840 | 1,842 |
5 Capital Auto Receivables Asset Trust 2015-4 | 1.830% | 3/20/20 | 2,750 | 2,749 |
5 Capital Auto Receivables Asset Trust 2015-4 | 2.010% | 7/20/20 | 1,775 | 1,775 |
5 Capital Auto Receivables Asset Trust 2016-2 | 1.630% | 1/20/21 | 2,250 | 2,233 |
5 Capital Auto Receivables Asset Trust 2016-3 | 1.690% | 3/20/21 | 2,000 | 1,983 |
5 Capital One Multi-Asset Execution Trust | ||||
2015-A2 | 2.080% | 3/15/23 | 7,675 | 7,656 |
5 Capital One Multi-Asset Execution Trust | ||||
2015-A5 | 1.600% | 5/17/21 | 3,625 | 3,622 |
5 Capital One Multi-Asset Execution Trust | ||||
2015-A8 | 2.050% | 8/15/23 | 4,950 | 4,927 |
5 Capital One Multi-Asset Execution Trust | ||||
2016-A3 | 1.340% | 4/15/22 | 5,325 | 5,269 |
5 Capital One Multi-Asset Execution Trust | ||||
2016-A4 | 1.330% | 6/15/22 | 7,100 | 7,012 |
5 Capital One Multi-Asset Execution Trust | ||||
2016-A6 | 1.820% | 9/15/22 | 6,500 | 6,465 |
5 Capital One Multi-Asset Execution Trust | ||||
2017-A1 | 2.000% | 1/17/23 | 6,600 | 6,567 |
5 Capital One Multi-Asset Execution Trust | ||||
2017-A3 | 2.430% | 1/15/25 | 6,725 | 6,700 |
5 Capital One Multi-Asset Execution Trust | ||||
2017-A4 | 1.990% | 7/17/23 | 11,150 | 11,081 |
5 Capital One Multi-Asset Execution Trust | ||||
2017-A6 | 2.290% | 7/15/25 | 9,400 | 9,331 |
5 CarMax Auto Owner Trust 2013-4 | 1.280% | 5/15/19 | 94 | 94 |
5 CarMax Auto Owner Trust 2014-1 | 1.320% | 7/15/19 | 332 | 332 |
5 CarMax Auto Owner Trust 2014-2 | 1.610% | 10/15/19 | 792 | 791 |
5 CarMax Auto Owner Trust 2014-3 | 1.160% | 6/17/19 | 150 | 150 |
5 CarMax Auto Owner Trust 2014-3 | 1.730% | 2/18/20 | 1,150 | 1,149 |
5 CarMax Auto Owner Trust 2014-4 | 1.250% | 11/15/19 | 798 | 798 |
5 CarMax Auto Owner Trust 2015-2 | 1.370% | 3/16/20 | 986 | 984 |
5 CarMax Auto Owner Trust 2015-2 | 1.800% | 3/15/21 | 1,025 | 1,020 |
5 CarMax Auto Owner Trust 2015-3 | 1.630% | 5/15/20 | 2,248 | 2,244 |
5 CarMax Auto Owner Trust 2015-3 | 1.980% | 2/16/21 | 800 | 798 |
5 CarMax Auto Owner Trust 2015-4 | 1.560% | 11/16/20 | 2,017 | 2,011 |
5 CarMax Auto Owner Trust 2015-4 | 1.830% | 6/15/21 | 1,250 | 1,241 |
5 CarMax Auto Owner Trust 2016-3 | 1.390% | 5/17/21 | 2,975 | 2,950 |
5 CarMax Auto Owner Trust 2016-3 | 1.600% | 1/18/22 | 1,030 | 1,013 |
5 CarMax Auto Owner Trust 2017-4 | 2.110% | 10/17/22 | 3,350 | 3,333 |
5 CarMax Auto Owner Trust 2017-4 | 2.330% | 5/15/23 | 2,350 | 2,334 |
5 CD 2006-CD3 Commercial Mortgage Trust | 5.648% | 10/15/48 | 3,061 | 3,067 |
24
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 CD 2016-CD1 Commercial Mortgage Trust | 2.724% | 8/10/49 | 5,650 | 5,491 |
5 CD 2016-CD2 Commercial Mortgage Trust | 3.526% | 11/10/49 | 5,000 | 5,161 |
5 CD 2017-CD3 Commercial Mortgage Trust | 3.453% | 2/10/50 | 1,862 | 1,915 |
5 CD 2017-CD3 Commercial Mortgage Trust | 3.631% | 2/10/50 | 14,220 | 14,829 |
5 CD 2017-CD3 Commercial Mortgage Trust | 3.833% | 2/10/50 | 3,706 | 3,804 |
5 CD 2017-CD4 Commercial Mortgage Trust | 3.514% | 5/10/50 | 4,100 | 4,233 |
5 CD 2017-CD4 Commercial Mortgage Trust | 3.747% | 5/10/50 | 2,700 | 2,758 |
5 CD 2017-CD5 Commercial Mortgage Trust | 3.431% | 8/15/50 | 3,500 | 3,589 |
5 CD 2017-CD6 Commercial Mortgage Trust | 3.332% | 11/13/50 | 2,400 | 2,455 |
5 CD 2017-CD6 Commercial Mortgage Trust | 3.456% | 11/13/50 | 4,825 | 4,966 |
5 CD 2017-CD6 Commercial Mortgage Trust | 3.709% | 11/13/50 | 2,825 | 2,889 |
5 CenterPoint Energy Transition Bond Co. II | ||||
LLC 2005-A | 5.302% | 8/1/20 | 569 | 584 |
5 CenterPoint Energy Transition Bond Co. IV | ||||
LLC 2012-1 | 3.028% | 10/15/25 | 5,300 | 5,420 |
5 CFCRE Commercial Mortgage Trust 2016-C3 | 3.865% | 1/10/48 | 3,650 | 3,819 |
5 CFCRE Commercial Mortgage Trust 2016-C4 | 3.283% | 5/10/58 | 5,050 | 5,050 |
CFCRE Commercial Mortgage Trust 2016-C4 | 3.691% | 5/10/58 | 3,600 | 3,647 |
5 CFCRE Commercial Mortgage Trust 2016-C6 | 3.217% | 11/10/49 | 9,400 | 9,339 |
5 CFCRE Commercial Mortgage Trust 2017-C8 | 3.572% | 6/15/50 | 3,000 | 3,059 |
5 Chase Issuance Trust 2012-A4 | 1.580% | 8/16/21 | 5,500 | 5,456 |
5 Chase Issuance Trust 2012-A7 | 2.160% | 9/16/24 | 12,805 | 12,671 |
5 Chase Issuance Trust 2013-A1 | 1.300% | 2/18/20 | 9,550 | 9,546 |
5 Chase Issuance Trust 2014-A2 | 2.770% | 3/15/23 | 7,550 | 7,656 |
5 Chase Issuance Trust 2015-A4 | 1.840% | 4/15/22 | 5,400 | 5,361 |
5 Chase Issuance Trust 2015-A5 | 1.360% | 4/15/20 | 11,000 | 10,989 |
5 Chase Issuance Trust 2016-A2 | 1.370% | 6/15/21 | 6,975 | 6,907 |
5 Chase Issuance Trust 2016-A4 | 1.490% | 7/15/22 | 6,125 | 6,017 |
5 Chase Issuance Trust 2016-A5 | 1.270% | 7/15/21 | 7,200 | 7,107 |
5 Citibank Credit Card Issuance Trust 2008-A1 | 5.350% | 2/7/20 | 6,114 | 6,136 |
5 Citibank Credit Card Issuance Trust 2014-A1 | 2.880% | 1/23/23 | 15,000 | 15,262 |
5 Citibank Credit Card Issuance Trust 2014-A5 | 2.680% | 6/7/23 | 6,525 | 6,597 |
5 Citibank Credit Card Issuance Trust 2014-A6 | 2.150% | 7/15/21 | 18,925 | 18,950 |
5 Citibank Credit Card Issuance Trust 2014-A8 | 1.730% | 4/9/20 | 11,625 | 11,623 |
5 Citibank Credit Card Issuance Trust 2016-A2 | 2.190% | 11/20/23 | 7,175 | 7,121 |
5 Citibank Credit Card Issuance Trust 2017-A2 | 1.740% | 1/19/21 | 13,050 | 13,024 |
5 Citibank Credit Card Issuance Trust 2017-A9 | 1.800% | 9/20/21 | 14,300 | 14,224 |
5 Citigroup Commercial Mortgage Trust | ||||
2012-GC8 | 3.024% | 9/10/45 | 3,950 | 4,004 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC11 | 3.093% | 4/10/46 | 1,500 | 1,521 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC11 | 3.422% | 4/10/46 | 1,300 | 1,309 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC15 | 3.161% | 9/10/46 | 1,652 | 1,661 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC15 | 3.942% | 9/10/46 | 800 | 832 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC15 | 4.371% | 9/10/46 | 1,200 | 1,294 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC15 | 4.649% | 9/10/46 | 1,700 | 1,836 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC17 | 3.675% | 11/10/46 | 550 | 567 |
25
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC17 | 4.131% | 11/10/46 | 1,825 | 1,940 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC17 | 4.544% | 11/10/46 | 750 | 804 |
5 Citigroup Commercial Mortgage Trust | ||||
2013-GC17 | 5.095% | 11/10/46 | 750 | 819 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC19 | 2.790% | 3/10/47 | 3,210 | 3,223 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC19 | 3.552% | 3/10/47 | 750 | 775 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC19 | 4.023% | 3/10/47 | 1,150 | 1,218 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC19 | 4.345% | 3/10/47 | 955 | 1,010 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC21 | 3.477% | 5/10/47 | 375 | 387 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC21 | 3.855% | 5/10/47 | 1,675 | 1,759 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC21 | 4.328% | 5/10/47 | 1,350 | 1,387 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC23 | 3.622% | 7/10/47 | 2,725 | 2,838 |
5 Citigroup Commercial Mortgage Trust | ||||
2014-GC25 | 3.635% | 10/10/47 | 5,650 | 5,864 |
5 Citigroup Commercial Mortgage Trust | ||||
2015-GC27 | 3.137% | 2/10/48 | 7,425 | 7,482 |
5 Citigroup Commercial Mortgage Trust | ||||
2015-GC27 | 3.571% | 2/10/48 | 3,025 | 3,055 |
5 Citigroup Commercial Mortgage Trust | ||||
2015-GC29 | 2.674% | 4/10/48 | 1,525 | 1,530 |
5 Citigroup Commercial Mortgage Trust | ||||
2015-GC29 | 3.758% | 4/10/48 | 2,937 | 2,888 |
5 Citigroup Commercial Mortgage Trust | ||||
2015-GC31 | 3.762% | 6/10/48 | 2,925 | 3,063 |
5 Citigroup Commercial Mortgage Trust | ||||
2015-GC33 | 3.778% | 9/10/58 | 3,375 | 3,538 |
5 Citigroup Commercial Mortgage Trust | ||||
2016-C1 | 3.003% | 5/10/49 | 2,075 | 2,076 |
5 Citigroup Commercial Mortgage Trust | ||||
2016-C1 | 3.209% | 5/10/49 | 3,950 | 3,981 |
5 Citigroup Commercial Mortgage Trust | ||||
2016-C2 | 2.832% | 8/10/49 | 2,500 | 2,439 |
5 Citigroup Commercial Mortgage Trust | ||||
2016-GC36 | 3.616% | 2/10/49 | 7,150 | 7,398 |
5 Citigroup Commercial Mortgage Trust | ||||
2016-P4 | 2.902% | 7/10/49 | 2,350 | 2,316 |
5 Citigroup Commercial Mortgage Trust | ||||
2017-B1 | 3.458% | 8/15/50 | 9,700 | 9,959 |
5 Citigroup Commercial Mortgage Trust | ||||
2017-B1 | 3.711% | 8/15/50 | 1,950 | 1,994 |
5 Citigroup Commercial Mortgage Trust | ||||
2017-C4 | 3.471% | 10/12/50 | 5,925 | 6,067 |
5 Citigroup Commercial Mortgage Trust | ||||
2017-C4 | 3.764% | 10/12/50 | 1,575 | 1,604 |
26
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
5 | COMM 2012-CCRE2 Mortgage Trust | 3.147% | 8/15/45 | 1,285 | 1,304 |
5 | COMM 2012-CCRE2 Mortgage Trust | 3.791% | 8/15/45 | 1,825 | 1,875 |
5 | COMM 2012-CCRE3 Mortgage Trust | 2.822% | 10/15/45 | 5,000 | 5,008 |
5,10 COMM 2012-CCRE3 Mortgage Trust | 3.416% | 10/15/45 | 2,195 | 2,231 | |
5 | COMM 2012-CCRE4 Mortgage Trust | 2.853% | 10/15/45 | 6,300 | 6,301 |
5 | COMM 2012-CCRE5 Mortgage Trust | 2.771% | 12/10/45 | 1,500 | 1,498 |
5 | COMM 2013-CCRE10 Mortgage Trust | 4.210% | 8/10/46 | 660 | 705 |
5 | COMM 2013-CCRE11 Mortgage Trust | 3.047% | 8/10/50 | 1,310 | 1,322 |
5 | COMM 2013-CCRE11 Mortgage Trust | 3.660% | 8/10/50 | 1,310 | 1,360 |
5 | COMM 2013-CCRE11 Mortgage Trust | 3.983% | 8/10/50 | 1,750 | 1,847 |
5 | COMM 2013-CCRE11 Mortgage Trust | 4.258% | 8/10/50 | 5,890 | 6,305 |
5 | COMM 2013-CCRE11 Mortgage Trust | 4.715% | 8/10/50 | 1,310 | 1,416 |
5 | COMM 2013-CCRE12 Mortgage Trust | 1.295% | 10/10/46 | 85 | 85 |
5 | COMM 2013-CCRE12 Mortgage Trust | 2.904% | 10/10/46 | 1,075 | 1,081 |
5 | COMM 2013-CCRE12 Mortgage Trust | 3.623% | 10/10/46 | 1,075 | 1,112 |
5 | COMM 2013-CCRE12 Mortgage Trust | 3.765% | 10/10/46 | 1,500 | 1,567 |
5 | COMM 2013-CCRE12 Mortgage Trust | 4.046% | 10/10/46 | 1,125 | 1,192 |
5 | COMM 2013-CCRE12 Mortgage Trust | 4.300% | 10/10/46 | 750 | 794 |
5 | COMM 2013-CCRE12 Mortgage Trust | 4.762% | 10/10/46 | 350 | 367 |
5 | COMM 2013-CCRE13 Mortgage Trust | 1.259% | 11/12/46 | 108 | 107 |
5 | COMM 2013-CCRE13 Mortgage Trust | 3.039% | 11/10/46 | 550 | 554 |
5 | COMM 2013-CCRE13 Mortgage Trust | 3.706% | 11/10/46 | 375 | 389 |
5 | COMM 2013-CCRE13 Mortgage Trust | 4.194% | 11/12/46 | 3,700 | 3,947 |
5 | COMM 2013-CCRE13 Mortgage Trust | 4.449% | 11/10/46 | 1,100 | 1,172 |
5 | COMM 2013-CCRE6 Mortgage Trust | 3.101% | 3/10/46 | 1,744 | 1,768 |
5 | COMM 2013-CCRE7 Mortgage Trust | 3.213% | 3/10/46 | 1,425 | 1,451 |
5 | COMM 2013-CCRE8 Mortgage Trust | 3.612% | 6/10/46 | 1,888 | 1,960 |
5 | COMM 2013-CCRE9 Mortgage Trust | 4.230% | 7/10/45 | 2,295 | 2,458 |
5 | COMM 2013-LC13 Mortgage Trust | 3.009% | 8/10/46 | 2,050 | 2,062 |
5 | COMM 2013-LC13 Mortgage Trust | 4.205% | 8/10/46 | 2,020 | 2,156 |
5 | COMM 2013-LC6 Mortgage Trust | 2.941% | 1/10/46 | 3,981 | 4,009 |
5 | COMM 2013-LC6 Mortgage Trust | 3.282% | 1/10/46 | 2,184 | 2,201 |
5 | COMM 2014-CCRE14 Mortgage Trust | 3.147% | 2/10/47 | 3,275 | 3,298 |
5 | COMM 2014-CCRE14 Mortgage Trust | 4.236% | 2/10/47 | 2,450 | 2,620 |
5 | COMM 2014-CCRE14 Mortgage Trust | 4.526% | 2/10/47 | 2,725 | 2,918 |
5 | COMM 2014-CCRE14 Mortgage Trust | 4.597% | 2/10/47 | 2,650 | 2,825 |
5 | COMM 2014-CCRE15 Mortgage Trust | 2.928% | 2/10/47 | 2,553 | 2,570 |
5 | COMM 2014-CCRE15 Mortgage Trust | 3.595% | 2/10/47 | 935 | 966 |
5 | COMM 2014-CCRE15 Mortgage Trust | 4.074% | 2/10/47 | 1,737 | 1,844 |
5 | COMM 2014-CCRE15 Mortgage Trust | 4.719% | 2/10/47 | 869 | 930 |
5 | COMM 2014-CCRE16 Mortgage Trust | 3.653% | 4/10/47 | 1,500 | 1,554 |
5 | COMM 2014-CCRE16 Mortgage Trust | 4.278% | 4/10/47 | 1,975 | 2,084 |
5 | COMM 2014-CCRE17 Mortgage Trust | 3.012% | 5/10/47 | 1,900 | 1,920 |
5 | COMM 2014-CCRE17 Mortgage Trust | 3.598% | 5/10/47 | 950 | 982 |
5 | COMM 2014-CCRE17 Mortgage Trust | 3.977% | 5/10/47 | 2,425 | 2,551 |
5 | COMM 2014-CCRE17 Mortgage Trust | 4.377% | 5/10/47 | 955 | 985 |
5 | COMM 2014-CCRE18 Mortgage Trust | 3.452% | 7/15/47 | 2,950 | 3,033 |
5 | COMM 2014-CCRE18 Mortgage Trust | 3.828% | 7/15/47 | 975 | 1,022 |
5 | COMM 2014-CCRE18 Mortgage Trust | 4.103% | 7/15/47 | 1,281 | 1,340 |
5 | COMM 2014-CCRE19 Mortgage Trust | 3.796% | 8/10/47 | 5,775 | 6,057 |
5 | COMM 2014-CCRE19 Mortgage Trust | 4.080% | 8/10/47 | 1,550 | 1,619 |
5 | COMM 2014-CCRE20 Mortgage Trust | 3.590% | 11/10/47 | 1,525 | 1,579 |
5 | COMM 2014-CCRE21 Mortgage Trust | 3.095% | 12/10/47 | 2,916 | 2,951 |
5 | COMM 2014-CCRE21 Mortgage Trust | 3.528% | 12/10/47 | 5,625 | 5,807 |
27
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 COMM 2014-LC15 Mortgage Trust | 2.840% | 4/10/47 | 1,150 | 1,158 |
5 COMM 2014-LC15 Mortgage Trust | 4.006% | 4/10/47 | 5,225 | 5,519 |
5 COMM 2014-LC17 Mortgage Trust | 3.164% | 10/10/47 | 3,900 | 3,939 |
5 COMM 2014-LC17 Mortgage Trust | 3.917% | 10/10/47 | 1,550 | 1,634 |
5 COMM 2014-UBS2 Mortgage Trust | 2.820% | 3/10/47 | 757 | 762 |
5 COMM 2014-UBS2 Mortgage Trust | 3.472% | 3/10/47 | 658 | 677 |
5 COMM 2014-UBS2 Mortgage Trust | 3.961% | 3/10/47 | 1,699 | 1,785 |
5 COMM 2014-UBS2 Mortgage Trust | 4.199% | 3/10/47 | 475 | 497 |
5 COMM 2014-UBS2 Mortgage Trust | 4.701% | 3/10/47 | 301 | 319 |
5 COMM 2014-UBS3 Mortgage Trust | 2.844% | 6/10/47 | 1,150 | 1,159 |
5 COMM 2014-UBS3 Mortgage Trust | 3.819% | 6/10/47 | 3,075 | 3,218 |
5 COMM 2014-UBS4 Mortgage Trust | 3.694% | 8/10/47 | 6,000 | 6,226 |
5 COMM 2014-UBS4 Mortgage Trust | 3.968% | 8/10/47 | 1,502 | 1,555 |
5 COMM 2014-UBS5 Mortgage Trust | 3.838% | 9/10/47 | 4,575 | 4,798 |
5 COMM 2014-UBS6 Mortgage Trust | 2.935% | 12/10/47 | 3,850 | 3,879 |
5 COMM 2014-UBS6 Mortgage Trust | 3.387% | 12/10/47 | 3,850 | 3,947 |
5 COMM 2014-UBS6 Mortgage Trust | 3.644% | 12/10/47 | 7,500 | 7,778 |
5 COMM 2014-UBS6 Mortgage Trust | 4.048% | 12/10/47 | 1,925 | 2,008 |
5 COMM 2015-CCRE22 Mortgage Trust | 2.856% | 3/10/48 | 1,900 | 1,916 |
5 COMM 2015-CCRE22 Mortgage Trust | 3.309% | 3/10/48 | 5,325 | 5,416 |
5 COMM 2015-CCRE22 Mortgage Trust | 3.603% | 3/10/48 | 1,900 | 1,936 |
5 COMM 2015-CCRE23 Mortgage Trust | 3.257% | 5/10/48 | 2,200 | 2,245 |
5 COMM 2015-CCRE23 Mortgage Trust | 3.497% | 5/10/48 | 3,250 | 3,322 |
5 COMM 2015-CCRE23 Mortgage Trust | 3.801% | 5/10/48 | 1,450 | 1,486 |
5 COMM 2015-CCRE25 Mortgage Trust | 3.759% | 8/10/48 | 3,500 | 3,666 |
5 COMM 2015-CCRE26 Mortgage Trust | 3.630% | 10/10/48 | 7,125 | 7,417 |
5 COMM 2015-CCRE27 Mortgage Trust | 3.404% | 10/10/48 | 3,575 | 3,673 |
5 COMM 2015-CCRE27 Mortgage Trust | 3.612% | 10/10/48 | 3,575 | 3,711 |
5 COMM 2015-LC19 Mortgage Trust | 3.040% | 2/10/48 | 750 | 759 |
5 COMM 2015-LC19 Mortgage Trust | 3.183% | 2/10/48 | 4,000 | 4,047 |
5 COMM 2015-LC19 Mortgage Trust | 3.527% | 2/10/48 | 1,775 | 1,800 |
5 COMM 2016-CCRE28 Mortgage Trust | 3.762% | 2/10/49 | 5,350 | 5,619 |
5 COMM 2016-DC2 Mortgage Trust | 3.550% | 2/10/49 | 4,375 | 4,505 |
5 CSAIL 2015-C1 Commercial Mortgage Trust | 3.505% | 4/15/50 | 3,750 | 3,839 |
5 CSAIL 2015-C1 Commercial Mortgage Trust | 3.791% | 4/15/50 | 1,900 | 1,952 |
5 CSAIL 2015-C1 Commercial Mortgage Trust | 4.044% | 4/15/50 | 1,525 | 1,552 |
5 CSAIL 2015-C2 Commercial Mortgage Trust | 1.454% | 6/15/57 | 1,293 | 1,283 |
5 CSAIL 2015-C2 Commercial Mortgage Trust | 3.504% | 6/15/57 | 4,700 | 4,810 |
5 CSAIL 2015-C2 Commercial Mortgage Trust | 3.849% | 6/15/57 | 1,800 | 1,845 |
5 CSAIL 2015-C3 Commercial Mortgage Trust | 3.448% | 8/15/48 | 2,772 | 2,850 |
5 CSAIL 2015-C3 Commercial Mortgage Trust | 3.718% | 8/15/48 | 3,550 | 3,682 |
5 CSAIL 2015-C3 Commercial Mortgage Trust | 4.108% | 8/15/48 | 1,625 | 1,672 |
5 CSAIL 2015-C4 Commercial Mortgage Trust | 3.617% | 11/15/48 | 2,200 | 2,269 |
5 CSAIL 2015-C4 Commercial Mortgage Trust | 3.808% | 11/15/48 | 2,850 | 2,981 |
5 CSAIL 2016-C7 Commercial Mortgage Trust | 3.502% | 11/15/49 | 7,325 | 7,471 |
5 CSAIL 2017-C8 Commercial Mortgage Trust | 3.392% | 6/15/50 | 7,800 | 7,948 |
5 CSAIL 2017-CX10 Commercial Mortgage | ||||
Trust | 3.458% | 11/15/50 | 5,925 | 6,073 |
5 CSAIL 2017-CX9 Commercial Mortgage | ||||
Trust | 3.446% | 9/15/50 | 4,175 | 4,282 |
5 DBJPM 16-C1 Mortgage Trust | 3.276% | 5/10/49 | 2,600 | 2,635 |
5 DBJPM 16-C3 Mortgage Trust | 2.890% | 9/10/49 | 3,075 | 3,025 |
5 DBJPM 17-C6 Mortgage Trust | 3.328% | 6/10/50 | 5,700 | 5,800 |
5 DBJPM 17-C6 Mortgage Trust | 3.561% | 6/10/50 | 1,600 | 1,613 |
28
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
5 | Discover Card Execution Note Trust 2015-A2 | 1.900% | 10/17/22 | 9,175 | 9,118 |
5 | Discover Card Execution Note Trust 2015-A3 | 1.450% | 3/15/21 | 6,900 | 6,877 |
5 | Discover Card Execution Note Trust 2015-A4 | 2.190% | 4/17/23 | 6,950 | 6,947 |
5 | Discover Card Execution Note Trust 2016-A1 | 1.640% | 7/15/21 | 11,000 | 10,966 |
5 | Discover Card Execution Note Trust 2017-A2 | 2.390% | 7/15/24 | 7,000 | 7,000 |
4,5 | Fannie Mae-Aces 2017-M15 | 3.136% | 11/25/27 | 11,675 | 11,785 |
4,5 | Fannie Mae-Aces 2010-M1 | 4.450% | 9/25/19 | 945 | 975 |
4,5 | Fannie Mae-Aces 2011-M2 | 3.764% | 4/25/21 | 5,165 | 5,321 |
4,5 | Fannie Mae-Aces 2011-M4 | 3.726% | 6/25/21 | 11,170 | 11,606 |
4,5 | Fannie Mae-Aces 2013-M12 | 2.393% | 3/25/23 | 8,238 | 8,135 |
4,5 | Fannie Mae-Aces 2013-M14 | 2.524% | 4/25/23 | 8,992 | 8,952 |
4,5 | Fannie Mae-Aces 2013-M14 | 3.329% | 10/25/23 | 11,450 | 11,789 |
4,5 | Fannie Mae-Aces 2013-M4 | 2.608% | 3/25/22 | 839 | 829 |
4,5 | Fannie Mae-Aces 2013-M7 | 2.280% | 12/27/22 | 3,850 | 3,791 |
4,5 | Fannie Mae-Aces 2014-M10 | 2.171% | 9/25/19 | 6,538 | 6,539 |
4,5 | Fannie Mae-Aces 2014-M12 | 2.614% | 10/25/21 | 11,300 | 11,367 |
4,5 | Fannie Mae-Aces 2014-M13 | 2.566% | 8/25/24 | 1,406 | 1,404 |
4,5 | Fannie Mae-Aces 2014-M13 | 3.021% | 8/25/24 | 4,500 | 4,577 |
4,5 | Fannie Mae-Aces 2014-M2 | 3.513% | 12/25/23 | 11,322 | 11,800 |
4,5 | Fannie Mae-Aces 2014-M3 | 2.613% | 1/25/24 | 3,418 | 3,420 |
4,5 | Fannie Mae-Aces 2014-M3 | 3.466% | 1/25/24 | 5,400 | 5,612 |
4,5 | Fannie Mae-Aces 2014-M4 | 3.346% | 3/25/24 | 5,650 | 5,853 |
4,5 | Fannie Mae-Aces 2014-M6 | 2.679% | 5/25/21 | 10,522 | 10,609 |
4,5 | Fannie Mae-Aces 2014-M7 | 3.271% | 6/25/24 | 10,302 | 10,584 |
4,5 | Fannie Mae-Aces 2014-M8 | 2.346% | 6/25/24 | 1,410 | 1,400 |
4,5 | Fannie Mae-Aces 2014-M8 | 3.056% | 6/25/24 | 5,850 | 5,943 |
4,5 | Fannie Mae-Aces 2014-M9 | 3.103% | 7/25/24 | 6,825 | 6,953 |
4,5 | Fannie Mae-Aces 2015-M1 | 1.626% | 2/25/18 | 179 | 179 |
4,5 | Fannie Mae-Aces 2015-M1 | 2.532% | 9/25/24 | 10,000 | 9,876 |
4,5 | Fannie Mae-Aces 2015-M10 | 3.092% | 4/25/27 | 2,750 | 2,770 |
4,5 | Fannie Mae-Aces 2015-M12 | 2.792% | 5/25/25 | 7,025 | 7,001 |
4,5 | Fannie Mae-Aces 2015-M15 | 2.923% | 10/25/25 | 8,825 | 8,837 |
4,5 | Fannie Mae-Aces 2015-M2 | 2.620% | 12/25/24 | 7,006 | 6,954 |
4,5 | Fannie Mae-Aces 2015-M3 | 2.723% | 10/25/24 | 3,700 | 3,698 |
4,5 | Fannie Mae-Aces 2015-M4 | 2.509% | 7/25/22 | 4,150 | 4,153 |
4,5 | Fannie Mae-Aces 2015-M7 | 1.550% | 4/25/18 | 685 | 684 |
4,5 | Fannie Mae-Aces 2015-M7 | 2.590% | 12/25/24 | 6,650 | 6,566 |
4,5 | Fannie Mae-Aces 2015-M8 | 2.344% | 1/25/25 | 3,013 | 2,984 |
4,5 | Fannie Mae-Aces 2015-M8 | 2.900% | 1/25/25 | 7,800 | 7,812 |
4,5 | Fannie Mae-Aces 2016-M11 | 2.369% | 7/25/26 | 9,650 | 9,249 |
4,5 | Fannie Mae-Aces 2016-M12 | 2.448% | 9/25/26 | 9,400 | 9,108 |
4,5 | Fannie Mae-Aces 2016-M2 | 2.152% | 1/25/23 | 6,425 | 6,316 |
4,5 | Fannie Mae-Aces 2016-M3 | 2.702% | 2/25/26 | 3,500 | 3,445 |
4,5 | Fannie Mae-Aces 2016-M4 | 2.576% | 3/25/26 | 3,525 | 3,442 |
4,5 | Fannie Mae-Aces 2016-M5 | 2.469% | 4/25/26 | 7,600 | 7,407 |
4,5 | Fannie Mae-Aces 2016-M6 | 2.488% | 5/25/26 | 5,150 | 4,982 |
4,5 | Fannie Mae-Aces 2016-M7 | 2.157% | 10/25/23 | 1,700 | 1,660 |
4,5 | Fannie Mae-Aces 2016-M7 | 2.499% | 9/25/26 | 2,825 | 2,752 |
4,5 | Fannie Mae-Aces 2017-M1 | 2.417% | 10/25/26 | 10,000 | 9,608 |
4,5 | Fannie Mae-Aces 2017-M10 | 2.561% | 7/25/24 | 4,280 | 4,229 |
4,5 | Fannie Mae-Aces 2017-M11 | 2.980% | 8/25/29 | 5,100 | 5,032 |
4,5 | Fannie Mae-Aces 2017-M12 | 3.079% | 6/25/27 | 12,575 | 12,713 |
4,5 | Fannie Mae-Aces 2017-M2 | 2.784% | 2/25/27 | 7,000 | 6,925 |
4,5 | Fannie Mae-Aces 2017-M3 | 2.486% | 12/25/26 | 12,000 | 11,586 |
29
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | Fannie Mae-Aces 2017-M4 | 2.597% | 12/25/26 | 10,590 | 10,312 |
4,5 | Fannie Mae-Aces 2017-M7 | 2.961% | 2/25/27 | 6,500 | 6,515 |
4,5 | Fannie Mae-Aces 2017-M8 | 3.061% | 5/25/27 | 12,729 | 12,816 |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K004 | 4.186% | 8/25/19 | 2,050 | 2,103 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K005 | 3.484% | 4/25/19 | 1,672 | 1,686 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K006 | 3.398% | 7/25/19 | 2,104 | 2,128 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K007 | 3.342% | 12/25/19 | 62 | 62 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K009 | 2.757% | 5/25/20 | 1,226 | 1,231 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K010 | 3.320% | 7/25/20 | 636 | 639 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K011 | 4.084% | 11/25/20 | 1,675 | 1,751 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K012 | 4.184% | 12/25/20 | 2,725 | 2,859 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K014 | 3.871% | 4/25/21 | 4,667 | 4,873 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K017 | 2.873% | 12/25/21 | 12,820 | 13,025 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K019 | 2.272% | 3/25/22 | 5,430 | 5,396 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K020 | 2.373% | 5/25/22 | 13,400 | 13,331 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K021 | 2.396% | 6/25/22 | 8,300 | 8,280 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K022 | 2.355% | 7/25/22 | 575 | 573 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K026 | 2.510% | 11/25/22 | 11,500 | 11,476 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K028 | 3.111% | 2/25/23 | 8,625 | 8,859 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K029 | 3.320% | 2/25/23 | 11,425 | 11,822 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K030 | 2.779% | 9/25/22 | 7,382 | 7,467 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K030 | 3.250% | 4/25/23 | 11,425 | 11,816 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K031 | 3.300% | 4/25/23 | 11,906 | 12,327 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K032 | 3.016% | 2/25/23 | 4,410 | 4,486 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K032 | 3.310% | 5/25/23 | 6,420 | 6,657 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K033 | 2.871% | 2/25/23 | 8,366 | 8,475 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K033 | 3.060% | 7/25/23 | 12,875 | 13,187 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K034 | 3.531% | 7/25/23 | 10,633 | 11,144 |
30
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K035 | 3.458% | 8/25/23 | 12,575 | 13,129 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K037 | 3.490% | 1/25/24 | 475 | 497 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K038 | 2.604% | 10/25/23 | 2,881 | 2,896 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K038 | 3.389% | 3/25/24 | 5,225 | 5,427 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K039 | 2.683% | 12/25/23 | 2,071 | 2,090 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K039 | 3.303% | 7/25/24 | 2,600 | 2,703 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K040 | 2.768% | 4/25/24 | 3,217 | 3,250 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K040 | 3.241% | 9/25/24 | 9,300 | 9,621 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K041 | 3.171% | 10/25/24 | 9,600 | 9,882 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K042 | 2.267% | 6/25/24 | 1,637 | 1,613 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K042 | 2.670% | 12/25/24 | 7,225 | 7,206 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K043 | 2.532% | 10/25/23 | 1,710 | 1,713 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K043 | 3.062% | 12/25/24 | 5,600 | 5,707 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K045 | 2.493% | 11/25/24 | 3,313 | 3,303 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K045 | 3.023% | 1/25/25 | 5,800 | 5,916 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K046 | 3.205% | 3/25/25 | 5,800 | 5,973 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K047 | 2.827% | 12/25/24 | 1,550 | 1,552 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K047 | 3.329% | 5/25/25 | 4,450 | 4,620 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K048 | 3.284% | 6/25/25 | 6,350 | 6,575 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K049 | 3.010% | 7/25/25 | 3,850 | 3,889 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K050 | 3.334% | 8/25/25 | 6,375 | 6,616 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K052 | 3.151% | 11/25/25 | 4,150 | 4,257 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K053 | 2.995% | 12/25/25 | 2,450 | 2,487 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K054 | 2.745% | 1/25/26 | 6,350 | 6,325 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K055 | 2.673% | 3/25/26 | 7,500 | 7,423 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K056 | 2.525% | 5/25/26 | 5,325 | 5,207 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K057 | 2.570% | 7/25/26 | 9,375 | 9,186 |
31
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K058 | 2.653% | 8/25/26 | 5,800 | 5,697 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K059 | 3.120% | 9/25/26 | 5,000 | 5,095 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K060 | 3.300% | 10/25/26 | 8,000 | 8,250 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K061 | 3.347% | 11/25/26 | 17,000 | 17,594 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K062 | 3.413% | 12/25/26 | 17,750 | 18,450 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K063 | 3.430% | 1/25/27 | 16,200 | 16,860 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K064 | 3.224% | 3/25/27 | 14,680 | 15,032 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K065 | 3.243% | 4/25/27 | 17,557 | 18,005 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K066 | 3.117% | 6/25/27 | 5,840 | 5,929 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K068 | 3.244% | 8/25/27 | 4,925 | 5,047 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K069 | 3.187% | 9/25/27 | 8,875 | 9,053 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K152 | 3.080% | 1/25/31 | 3,500 | 3,484 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K153 | 3.294% | 3/25/29 | 13,500 | 13,890 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K153 | 3.117% | 10/25/31 | 7,100 | 7,118 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K503 | 1.384% | 1/25/19 | 2,749 | 2,731 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K503 | 2.456% | 8/25/19 | 11,200 | 11,234 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K504 | 2.566% | 9/25/20 | 3,500 | 3,521 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K702 | 3.154% | 2/25/18 | 9,358 | 9,357 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K704 | 2.412% | 8/25/18 | 2,340 | 2,344 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K706 | 2.323% | 10/25/18 | 4,808 | 4,817 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K707 | 2.220% | 12/25/18 | 4,725 | 4,727 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K710 | 1.883% | 5/25/19 | 1,205 | 1,202 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K711 | 1.321% | 12/25/18 | 2,489 | 2,475 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K711 | 1.730% | 7/25/19 | 14,925 | 14,841 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K712 | 1.869% | 11/25/19 | 6,878 | 6,843 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K713 | 2.313% | 3/25/20 | 18,525 | 18,540 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K714 | 3.034% | 10/25/20 | 13,040 | 13,265 |
32
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K716 | 2.413% | 1/25/21 | 1,625 | 1,612 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K716 | 3.130% | 6/25/21 | 12,630 | 12,834 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K717 | 2.991% | 9/25/21 | 12,975 | 13,233 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K718 | 2.375% | 9/25/21 | 7,619 | 7,571 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K718 | 2.791% | 1/25/22 | 6,800 | 6,877 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates K722 | 2.183% | 5/25/22 | 2,430 | 2,402 | |
4,5 | FHLMC Multifamily Structured Pass | ||||
Through Certificates KW01 | 2.853% | 1/25/26 | 7,000 | 6,998 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K715 | 2.856% | 1/25/21 | 4,225 | 4,285 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K720 | 2.716% | 6/25/22 | 4,550 | 4,592 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K723 | 2.454% | 8/25/23 | 4,650 | 4,619 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K724 | 3.062% | 11/25/23 | 8,900 | 9,110 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K725 | 3.002% | 1/25/24 | 15,300 | 15,620 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K725 | 2.946% | 7/25/24 | 14,700 | 14,945 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K726 | 2.905% | 4/25/24 | 7,800 | 7,910 | |
4,5 | FHLMC Multifamily Structures Pass | ||||
Through Certificates K728 | 3.064% | 8/25/24 | 11,850 | 12,116 | |
5 | Fifth Third Auto Trust 2015-1 | 1.420% | 3/16/20 | 1,844 | 1,840 |
5 | Ford Credit Auto Lease Trust 2015-B | 1.540% | 2/15/19 | 1,082 | 1,081 |
5 | Ford Credit Auto Owner Trust 2014-B | 1.420% | 8/15/19 | 233 | 233 |
5 | Ford Credit Auto Owner Trust 2015-A | 1.280% | 9/15/19 | 428 | 427 |
5 | Ford Credit Auto Owner Trust 2015-A | 1.640% | 6/15/20 | 575 | 574 |
5 | Ford Credit Auto Owner Trust 2015-B | 1.160% | 11/15/19 | 737 | 736 |
5 | Ford Credit Auto Owner Trust 2015-B | 1.580% | 8/15/20 | 900 | 897 |
5 | Ford Credit Auto Owner Trust 2015-C | 1.410% | 2/15/20 | 954 | 953 |
5 | Ford Credit Auto Owner Trust 2015-C | 1.740% | 2/15/21 | 800 | 797 |
5 | Ford Credit Auto Owner Trust 2017-A | 1.670% | 6/15/21 | 4,475 | 4,445 |
5 | Ford Credit Auto Owner Trust 2017-A | 1.920% | 4/15/22 | 2,675 | 2,651 |
5 | Ford Credit Auto Owner Trust 2017-B | 1.690% | 11/15/21 | 5,478 | 5,435 |
5 | Ford Credit Auto Owner Trust 2017-B | 1.870% | 9/15/22 | 756 | 749 |
5 | Ford Credit Auto Owner Trust 2017-C | 2.010% | 3/15/22 | 15,775 | 15,718 |
5 | Ford Credit Floorplan Master Owner | ||||
Trust A Series 2016-1 | 1.760% | 2/15/21 | 7,125 | 7,102 | |
5 | Ford Credit Floorplan Master Owner | ||||
Trust A Series 2017-1 | 2.070% | 5/15/22 | 6,450 | 6,421 | |
5 | Ford Credit Floorplan Master Owner | ||||
Trust A Series 2017-2 | 2.160% | 9/15/22 | 4,170 | 4,153 | |
5 | Ford Credit Floorplan Master Owner | ||||
Trust A Series 2017-3 | 2.480% | 9/15/24 | 4,310 | 4,284 | |
4,5 | Freddie Mac Multifamily Structured | ||||
Pass Through Certificates | 3.303% | 11/25/27 | 2,875 | 2,968 |
33
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | Freddie Mac Multifamily Structured | ||||
Pass Through Certificates | 3.286% | 11/25/50 | 3,950 | 4,076 | |
5 | GM Financial Automobile Leasing | ||||
Trust 2015-2 | 1.680% | 12/20/18 | 872 | 871 | |
5 | GM Financial Automobile Leasing | ||||
Trust 2015-2 | 1.850% | 7/22/19 | 1,600 | 1,599 | |
5 | GM Financial Automobile Leasing | ||||
Trust 2015-3 | 1.690% | 3/20/19 | 995 | 994 | |
5 | GM Financial Automobile Leasing | ||||
Trust 2015-3 | 1.810% | 11/20/19 | 1,775 | 1,774 | |
5 | GM Financial Automobile Leasing | ||||
Trust 2016-1 | 1.790% | 3/20/20 | 3,650 | 3,644 | |
5 | GM Financial Automobile Leasing | ||||
Trust 2016-2 | 1.620% | 9/20/19 | 3,550 | 3,545 | |
5 | GM Financial Automobile Leasing | ||||
Trust 2016-3 | 1.610% | 12/20/19 | 2,550 | 2,541 | |
5 | GS Mortgage Securities Corporation II | ||||
2013-GC10 | 2.943% | 2/10/46 | 3,494 | 3,517 | |
5 | GS Mortgage Securities Corporation II | ||||
2013-GC10 | 3.279% | 2/10/46 | 1,310 | 1,322 | |
5 | GS Mortgage Securities Corporation II | ||||
2015-GC30 | 2.726% | 5/10/50 | 2,575 | 2,585 | |
5 | GS Mortgage Securities Corporation II | ||||
2015-GC30 | 3.382% | 5/10/50 | 3,700 | 3,784 | |
5 | GS Mortgage Securities Trust 2011-GC5 | 3.707% | 8/10/44 | 1,500 | 1,553 |
5 | GS Mortgage Securities Trust 2012-GC6 | 3.482% | 1/10/45 | 6,326 | 6,497 |
5 | GS Mortgage Securities Trust 2012-GCJ7 | 3.377% | 5/10/45 | 3,629 | 3,709 |
5 | GS Mortgage Securities Trust 2012-GCJ9 | 2.773% | 11/10/45 | 2,949 | 2,956 |
5 | GS Mortgage Securities Trust 2013-GCJ12 | 3.135% | 6/10/46 | 2,255 | 2,284 |
5 | GS Mortgage Securities Trust 2013-GCJ12 | 3.375% | 6/10/46 | 966 | 974 |
5 | GS Mortgage Securities Trust 2013-GCJ14 | 2.995% | 8/10/46 | 1,729 | 1,733 |
5 | GS Mortgage Securities Trust 2013-GCJ14 | 3.817% | 8/10/46 | 1,340 | 1,392 |
5 | GS Mortgage Securities Trust 2013-GCJ16 | 3.033% | 11/10/46 | 1,824 | 1,835 |
5 | GS Mortgage Securities Trust 2013-GCJ16 | 3.813% | 11/10/46 | 710 | 736 |
5 | GS Mortgage Securities Trust 2013-GCJ16 | 4.271% | 11/10/46 | 1,150 | 1,235 |
5 | GS Mortgage Securities Trust 2014-GC18 | 4.074% | 1/10/47 | 11,250 | 11,920 |
5 | GS Mortgage Securities Trust 2014-GC18 | 4.383% | 1/10/47 | 2,750 | 2,902 |
5 | GS Mortgage Securities Trust 2014-GC22 | 3.467% | 6/10/47 | 1,550 | 1,602 |
5 | GS Mortgage Securities Trust 2014-GC22 | 3.516% | 6/10/47 | 500 | 517 |
5 | GS Mortgage Securities Trust 2014-GC22 | 3.862% | 6/10/47 | 1,350 | 1,420 |
5 | GS Mortgage Securities Trust 2014-GC24 | 3.931% | 9/10/47 | 5,582 | 5,914 |
5 | GS Mortgage Securities Trust 2014-GC24 | 4.508% | 9/10/47 | 1,175 | 1,235 |
5 | GS Mortgage Securities Trust 2014-GC26 | 2.902% | 11/10/47 | 1,225 | 1,233 |
5 | GS Mortgage Securities Trust 2014-GC26 | 3.365% | 11/10/47 | 2,275 | 2,337 |
5 | GS Mortgage Securities Trust 2014-GC26 | 3.629% | 11/10/47 | 7,475 | 7,735 |
5 | GS Mortgage Securities Trust 2014-GC26 | 3.964% | 11/10/47 | 1,325 | 1,370 |
5 | GS Mortgage Securities Trust 2014-GC26 | 4.215% | 11/10/47 | 1,125 | 1,156 |
5 | GS Mortgage Securities Trust 2015-GC28 | 3.396% | 2/10/48 | 4,150 | 4,231 |
5 | GS Mortgage Securities Trust 2015-GC32 | 3.513% | 7/10/48 | 3,675 | 3,798 |
5 | GS Mortgage Securities Trust 2015-GC32 | 3.764% | 7/10/48 | 1,425 | 1,493 |
5 | GS Mortgage Securities Trust 2015-GC34 | 3.278% | 10/10/48 | 3,575 | 3,651 |
5 | GS Mortgage Securities Trust 2015-GC34 | 3.506% | 10/10/48 | 3,400 | 3,493 |
5 | GS Mortgage Securities Trust 2016-GS2 | 3.050% | 5/10/49 | 2,700 | 2,695 |
5 | GS Mortgage Securities Trust 2016-GS3 | 2.850% | 10/10/49 | 7,125 | 6,942 |
34
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 GS Mortgage Securities Trust 2016-GS4 | 3.442% | 11/10/49 | 2,450 | 2,500 |
5 GS Mortgage Securities Trust 2016-GS4 | 3.645% | 11/10/49 | 1,825 | 1,865 |
5 GS Mortgage Securities Trust 2017-GS5 | 3.674% | 3/10/50 | 5,750 | 5,985 |
5 GS Mortgage Securities Trust 2017-GS5 | 3.826% | 3/10/50 | 2,300 | 2,367 |
5 GS Mortgage Securities Trust 2017-GS6 | 3.433% | 5/10/50 | 5,000 | 5,126 |
5 GS Mortgage Securities Trust 2017-GS7 | 3.430% | 8/10/50 | 13,872 | 14,127 |
5 GS Mortgage Securities Trust 2017-GS7 | 3.663% | 8/10/50 | 3,700 | 3,751 |
5 Honda Auto Receivables 2015-1 Owner Trust | 1.050% | 10/15/18 | 173 | 173 |
5 Honda Auto Receivables 2015-1 Owner Trust | 1.320% | 11/16/20 | 2,250 | 2,248 |
5 Honda Auto Receivables 2015-2 Owner Trust | 1.040% | 2/21/19 | 436 | 435 |
5 Honda Auto Receivables 2015-2 Owner Trust | 1.470% | 8/23/21 | 1,450 | 1,447 |
5 Honda Auto Receivables 2015-3 Owner Trust | 1.270% | 4/18/19 | 782 | 782 |
5 Honda Auto Receivables 2015-3 Owner Trust | 1.560% | 10/18/21 | 700 | 698 |
5 Honda Auto Receivables 2015-4 Owner Trust | 1.230% | 9/23/19 | 2,694 | 2,687 |
5 Honda Auto Receivables 2015-4 Owner Trust | 1.440% | 1/21/22 | 900 | 894 |
5 Honda Auto Receivables 2017-2 Owner Trust | 1.680% | 8/16/21 | 7,138 | 7,075 |
5 Honda Auto Receivables 2017-2 Owner Trust | 1.870% | 9/15/23 | 1,586 | 1,569 |
5 Honda Auto Receivables 2017-4 Owner Trust | 2.050% | 11/22/21 | 4,325 | 4,312 |
5 Huntington Auto Trust 2015-1 | 1.240% | 9/16/19 | 827 | 826 |
5 Hyundai Auto Receivables Trust 2014-B | 1.460% | 11/15/19 | 499 | 499 |
5 Hyundai Auto Receivables Trust 2015-A | 1.370% | 7/15/20 | 1,125 | 1,122 |
5 Hyundai Auto Receivables Trust 2015-C | 1.460% | 2/18/20 | 914 | 912 |
5 Hyundai Auto Receivables Trust 2015-C | 1.780% | 11/15/21 | 850 | 847 |
5 Hyundai Auto Receivables Trust 2016-A | 1.560% | 9/15/20 | 1,200 | 1,196 |
5 Hyundai Auto Receivables Trust 2016-B | 1.290% | 4/15/21 | 3,025 | 2,991 |
5 Hyundai Auto Receivables Trust 2016-B | 1.450% | 11/15/22 | 2,250 | 2,206 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2012-C6 | 3.507% | 5/15/45 | 4,249 | 4,383 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2012-C8 | 2.829% | 10/15/45 | 11,444 | 11,490 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2012-CIBX | 3.483% | 6/15/45 | 3,816 | 3,926 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2012-LC9 | 2.840% | 12/15/47 | 2,250 | 2,262 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-C10 | 3.143% | 12/15/47 | 1,389 | 1,407 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-C10 | 3.372% | 12/15/47 | 1,042 | 1,051 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-C16 | 3.674% | 12/15/46 | 1,250 | 1,292 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-C16 | 3.881% | 12/15/46 | 1,500 | 1,573 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-C16 | 4.166% | 12/15/46 | 4,900 | 5,230 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-C16 | 4.517% | 12/15/46 | 1,250 | 1,335 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-C16 | 4.910% | 12/15/46 | 1,250 | 1,329 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2013-LC11 | 2.960% | 4/15/46 | 6,766 | 6,827 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2014-C20 | 2.872% | 7/15/47 | 1,525 | 1,536 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2014-C20 | 3.805% | 7/15/47 | 575 | 602 |
35
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2015-JP1 | 3.914% | 1/15/49 | 2,825 | 2,989 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2016-JP3 | 2.870% | 8/15/49 | 8,900 | 8,736 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2016-JP4 | 3.648% | 12/15/49 | 3,700 | 3,849 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2016-JP4 | 3.870% | 12/15/49 | 2,950 | 3,044 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2017-JP6 | 3.050% | 7/15/50 | 3,600 | 3,649 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2017-JP6 | 3.490% | 7/15/50 | 2,000 | 2,055 |
5 JP Morgan Chase Commercial Mortgage | ||||
Securities Trust 2017-JP6 | 3.744% | 7/15/50 | 2,800 | 2,862 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C12 | 3.664% | 7/15/45 | 1,982 | 2,067 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C12 | 4.030% | 7/15/45 | 655 | 685 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C14 | 3.761% | 8/15/46 | 990 | 1,025 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C14 | 4.133% | 8/15/46 | 2,640 | 2,808 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C14 | 4.409% | 8/15/46 | 740 | 785 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C15 | 2.977% | 11/15/45 | 2,149 | 2,160 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C15 | 3.659% | 11/15/45 | 505 | 522 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C15 | 4.131% | 11/15/45 | 3,520 | 3,748 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C15 | 4.420% | 11/15/45 | 2,010 | 2,134 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C17 | 3.003% | 1/15/47 | 900 | 905 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C17 | 3.705% | 1/15/47 | 1,163 | 1,205 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C17 | 4.199% | 1/15/47 | 4,320 | 4,626 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C17 | 4.458% | 1/15/47 | 775 | 825 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2013-C17 | 4.881% | 1/15/47 | 1,163 | 1,229 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C18 | 4.079% | 2/15/47 | 4,338 | 4,611 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C18 | 4.439% | 2/15/47 | 771 | 820 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C18 | 4.814% | 2/15/47 | 935 | 989 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C19 | 3.046% | 4/15/47 | 1,519 | 1,534 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C19 | 3.669% | 4/15/47 | 1,900 | 1,956 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C19 | 3.997% | 4/15/47 | 1,900 | 2,010 |
36
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C19 | 4.243% | 4/15/47 | 1,525 | 1,606 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C21 | 3.428% | 8/15/47 | 979 | 1,005 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C21 | 3.775% | 8/15/47 | 950 | 994 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C21 | 3.997% | 8/15/47 | 575 | 598 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C22 | 3.801% | 9/15/47 | 5,850 | 6,105 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C22 | 4.110% | 9/15/47 | 1,550 | 1,618 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C23 | 3.934% | 9/15/47 | 2,919 | 3,081 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C23 | 4.202% | 9/15/47 | 1,722 | 1,813 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C24 | 2.940% | 11/15/47 | 1,900 | 1,919 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C24 | 3.639% | 11/15/47 | 1,525 | 1,585 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C24 | 3.914% | 11/15/47 | 2,750 | 2,849 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C25 | 3.672% | 11/15/47 | 6,825 | 7,106 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C25 | 4.065% | 11/15/47 | 1,900 | 1,979 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C26 | 3.019% | 1/15/48 | 3,750 | 3,780 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C26 | 3.494% | 1/15/48 | 10,160 | 10,464 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C26 | 3.800% | 1/15/48 | 1,875 | 1,929 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2014-C26 | 3.951% | 1/15/48 | 1,875 | 1,884 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C27 | 2.734% | 2/15/48 | 3,000 | 3,018 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C27 | 3.017% | 2/15/48 | 3,763 | 3,808 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C28 | 2.773% | 10/15/48 | 3,750 | 3,776 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C28 | 3.532% | 10/15/48 | 1,125 | 1,135 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C29 | 2.921% | 5/15/48 | 3,000 | 3,032 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C29 | 3.304% | 5/15/48 | 2,903 | 2,973 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C29 | 3.611% | 5/15/48 | 2,900 | 2,998 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C30 | 3.559% | 7/15/48 | 3,675 | 3,803 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C30 | 3.822% | 7/15/48 | 3,600 | 3,771 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C30 | 4.226% | 7/15/48 | 1,850 | 1,948 |
37
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C31 | 3.540% | 8/15/48 | 1,709 | 1,777 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C31 | 3.801% | 8/15/48 | 1,841 | 1,927 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C32 | 3.358% | 11/15/48 | 3,575 | 3,676 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C32 | 3.598% | 11/15/48 | 3,575 | 3,698 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2015-C33 | 3.770% | 12/15/48 | 2,610 | 2,732 |
5 JPMBB Commercial Mortgage Securities | ||||
Trust 2016-C1 | 3.316% | 3/15/49 | 2,925 | 2,988 |
5 JPMCC Commercial Mortgage Securities | ||||
Trust 2017-JP5 | 3.723% | 3/15/50 | 10,725 | 11,224 |
5 JPMCC Commercial Mortgage Securities | ||||
Trust 2017-JP5 | 3.876% | 3/15/50 | 2,300 | 2,375 |
5 JPMDB Commercial Mortgage Securities | ||||
Trust 2016-C2 | 3.144% | 6/15/49 | 2,725 | 2,735 |
5 JPMDB Commercial Mortgage Securities | ||||
Trust 2016-C2 | 3.484% | 6/15/49 | 1,250 | 1,255 |
5 JPMDB Commercial Mortgage Securities | ||||
Trust 2017-C5 | 3.694% | 3/15/50 | 13,000 | 13,595 |
5 JPMDB Commercial Mortgage Securities | ||||
Trust 2017-C5 | 3.858% | 3/15/50 | 3,975 | 4,099 |
5 JPMDB Commercial Mortgage Securities | ||||
Trust 2017-C7 | 3.409% | 10/15/50 | 2,825 | 2,896 |
5 JPMDB Commercial Mortgage Securities | ||||
Trust 2017-C7 | 3.713% | 10/15/50 | 1,775 | 1,808 |
5 LB-UBS Commercial Mortgage Trust | ||||
2008-C1 | 6.319% | 4/15/41 | 5,686 | 5,695 |
5 Mercedes-Benz Auto Lease Trust 2015-B | 1.530% | 5/17/21 | 860 | 860 |
5 Mercedes-Benz Auto Lease Trust 2017-A | 1.790% | 4/15/20 | 10,000 | 9,976 |
5 Mercedes-Benz Auto Lease Trust 2017-A | 2.010% | 1/17/23 | 4,000 | 3,988 |
5 Mercedes-Benz Auto Receivables Trust | ||||
2015-1 | 1.340% | 12/16/19 | 1,079 | 1,077 |
5 Mercedes-Benz Auto Receivables Trust | ||||
2015-1 | 1.750% | 12/15/21 | 725 | 722 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2012-C5 | 3.176% | 8/15/45 | 1,600 | 1,629 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2012-C6 | 2.858% | 11/15/45 | 4,000 | 4,018 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C11 | 4.169% | 8/15/46 | 990 | 1,055 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C11 | 4.369% | 8/15/46 | 490 | 517 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C12 | 3.001% | 10/15/46 | 2,260 | 2,274 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C12 | 4.259% | 10/15/46 | 3,360 | 3,599 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C13 | 2.936% | 11/15/46 | 1,100 | 1,107 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C13 | 4.039% | 11/15/46 | 2,200 | 2,330 |
38
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C13 | 4.737% | 11/15/46 | 1,100 | 1,170 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C7 | 2.918% | 2/15/46 | 1,707 | 1,718 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C7 | 3.214% | 2/15/46 | 341 | 342 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C8 | 3.134% | 12/15/48 | 2,100 | 2,143 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C8 | 3.376% | 12/15/48 | 1,000 | 1,011 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C9 | 3.102% | 5/15/46 | 1,275 | 1,293 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2013-C9 | 3.456% | 5/15/46 | 1,125 | 1,145 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C14 | 2.916% | 2/15/47 | 1,369 | 1,378 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C14 | 3.669% | 2/15/47 | 3,201 | 3,293 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C14 | 4.064% | 2/15/47 | 3,050 | 3,230 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C14 | 4.633% | 2/15/47 | 1,150 | 1,230 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C16 | 2.849% | 6/15/47 | 575 | 579 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C16 | 3.477% | 6/15/47 | 775 | 799 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C16 | 3.892% | 6/15/47 | 2,875 | 3,020 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C16 | 4.322% | 6/15/47 | 1,150 | 1,201 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C18 | 3.194% | 10/15/47 | 3,500 | 3,542 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C18 | 3.923% | 10/15/47 | 1,000 | 1,052 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C18 | 4.439% | 10/15/47 | 1,150 | 1,207 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C19 | 3.101% | 12/15/47 | 3,775 | 3,824 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C19 | 3.326% | 12/15/47 | 2,000 | 2,052 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2014-C19 | 3.526% | 12/15/47 | 3,275 | 3,375 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C20 | 3.069% | 2/15/48 | 1,875 | 1,908 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C20 | 3.249% | 2/15/48 | 6,650 | 6,753 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C21 | 3.338% | 3/15/48 | 1,500 | 1,525 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C22 | 3.040% | 4/15/48 | 3,750 | 3,781 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C22 | 3.306% | 4/15/48 | 2,950 | 2,999 |
5 Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C22 | 3.883% | 4/15/48 | 1,875 | 1,914 |
39
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C23 | 2.982% | 7/15/50 | 1,800 | 1,817 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C23 | 3.398% | 7/15/50 | 1,050 | 1,074 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C23 | 3.719% | 7/15/50 | 3,650 | 3,815 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C25 | 3.383% | 10/15/48 | 3,850 | 3,964 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C25 | 3.635% | 10/15/48 | 1,975 | 2,048 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C26 | 3.323% | 10/15/48 | 2,325 | 2,385 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C26 | 3.531% | 10/15/48 | 2,625 | 2,703 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C27 | 3.557% | 12/15/47 | 1,800 | 1,851 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2015-C27 | 3.753% | 12/15/47 | 2,175 | 2,269 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C28 | 3.288% | 1/15/49 | 2,425 | 2,478 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C28 | 3.544% | 1/15/49 | 7,000 | 7,174 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C29 | 3.140% | 5/15/49 | 1,500 | 1,512 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C29 | 3.325% | 5/15/49 | 750 | 759 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C30 | 2.860% | 9/15/49 | 7,300 | 7,143 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C31 | 3.102% | 11/15/49 | 9,400 | 9,344 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C32 | 3.720% | 12/15/49 | 7,600 | 7,955 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2016-C32 | 3.994% | 12/15/49 | 3,050 | 3,188 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2017-C33 | 3.599% | 5/15/50 | 6,500 | 6,752 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2017-C33 | 3.852% | 5/15/50 | 3,800 | 3,911 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2017-C34 | 3.276% | 11/15/52 | 3,600 | 3,654 | |
5 | Morgan Stanley Bank of America Merrill | ||||
Lynch Trust 2017-C34 | 3.536% | 11/15/52 | 5,250 | 5,411 | |
5 | Morgan Stanley Capital I Trust 2005-IQ9 | 4.770% | 7/15/56 | 171 | 170 |
5 | Morgan Stanley Capital I Trust 2012-C4 | 3.244% | 3/15/45 | 6,000 | 6,102 |
5 | Morgan Stanley Capital I Trust 2012-C4 | 3.773% | 3/15/45 | 1,800 | 1,842 |
5 | Morgan Stanley Capital I Trust 2015-UBS8 | 3.809% | 12/15/48 | 2,525 | 2,641 |
5 | Morgan Stanley Capital I Trust 2016-BNK2 | 3.049% | 11/15/49 | 3,650 | 3,635 |
5 | Morgan Stanley Capital I Trust 2016-BNK2 | 3.282% | 11/15/49 | 2,951 | 2,992 |
5 | Morgan Stanley Capital I Trust 2016-UB11 | 2.782% | 8/15/49 | 7,300 | 7,095 |
5 | Morgan Stanley Capital I Trust 2016-UB12 | 3.778% | 12/15/49 | 3,000 | 3,079 |
5 | Morgan Stanley Capital I Trust 2016-UBS12 | 3.596% | 12/15/49 | 7,350 | 7,589 |
5 | Morgan Stanley Capital I Trust 2017-H1 | 3.530% | 6/15/50 | 5,800 | 5,988 |
10 | National Australia Bank Ltd. | 2.250% | 3/16/21 | 12,000 | 11,897 |
5 | Nissan Auto Lease Trust 2015-B | 1.700% | 4/15/21 | 596 | 596 |
40
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
5 | Nissan Auto Lease Trust 2016-B | 1.610% | 1/18/22 | 3,300 | 3,285 |
5 | Nissan Auto Lease Trust 2017-B | 2.050% | 9/15/20 | 2,800 | 2,792 |
5 | Nissan Auto Lease Trust 2017-B | 2.170% | 12/15/21 | 750 | 747 |
5 | Nissan Auto Receivables 2013-C Owner Trust | 1.300% | 6/15/20 | 375 | 374 |
5 | Nissan Auto Receivables 2014-A Owner Trust | 1.340% | 8/17/20 | 658 | 658 |
5 | Nissan Auto Receivables 2014-B Owner Trust | 1.110% | 5/15/19 | 262 | 262 |
5 | Nissan Auto Receivables 2015-B Owner Trust | 1.340% | 3/16/20 | 1,364 | 1,361 |
5 | Nissan Auto Receivables 2015-B Owner Trust | 1.790% | 1/17/22 | 1,075 | 1,069 |
5 | Nissan Auto Receivables 2015-C Owner Trust | 1.370% | 5/15/20 | 873 | 870 |
5 | Nissan Auto Receivables 2015-C Owner Trust | 1.670% | 2/15/22 | 1,750 | 1,734 |
5 | Nissan Auto Receivables 2016-B Owner Trust | 1.540% | 10/17/22 | 2,500 | 2,463 |
5 | Nissan Auto Receivables 2016-C Owner Trust | 1.180% | 1/15/21 | 3,175 | 3,142 |
5 | Nissan Auto Receivables 2016-C Owner Trust | 1.380% | 1/17/23 | 2,650 | 2,598 |
5 | Nissan Auto Receivables 2017-B Owner Trust | 1.750% | 10/15/21 | 5,034 | 4,995 |
5 | Nissan Auto Receivables 2017-B Owner Trust | 1.950% | 10/16/23 | 2,848 | 2,815 |
5 | Nissan Master Owner Trust Receivables | ||||
Series 2016-A | 1.540% | 6/15/21 | 3,500 | 3,467 | |
Royal Bank of Canada | 2.200% | 9/23/19 | 24,550 | 24,524 | |
Royal Bank of Canada | 2.100% | 10/14/20 | 35,000 | 34,664 | |
Royal Bank of Canada | 2.300% | 3/22/21 | 5,000 | 4,983 | |
5 | Santander Drive Auto Receivables Trust | ||||
2017-3 | 1.870% | 6/15/21 | 3,870 | 3,854 | |
5 | SG Commercial Mortgage Securities Trust | ||||
2016-C5 | 3.055% | 10/10/48 | 6,000 | 5,944 | |
5 | Synchrony Credit Card Master Note Trust | ||||
2015-2 | 1.600% | 4/15/21 | 2,200 | 2,199 | |
5 | Synchrony Credit Card Master Note Trust | ||||
2016-2 | 2.210% | 5/15/24 | 14,825 | 14,734 | |
5 | Synchrony Credit Card Master Note Trust | ||||
2016-3 | 1.580% | 9/15/22 | 5,350 | 5,292 | |
5 | Synchrony Credit Card Master Note Trust | ||||
2017-2 | 2.620% | 10/15/25 | 6,675 | 6,684 | |
5 | Synchrony Credit Card Master Note Trust | ||||
Series 2012-7 | 1.760% | 9/15/22 | 5,644 | 5,602 | |
5 | TIAA Seasoned Commercial Mortgage | ||||
Trust 2007-C4 | 5.476% | 8/15/39 | 179 | 179 | |
10 | Toronto-Dominion Bank | 2.250% | 3/15/21 | 18,000 | 17,871 |
5 | Toyota Auto Receivables 2014-B Owner Trust | 1.310% | 9/16/19 | 220 | 220 |
5 | Toyota Auto Receivables 2015-B Owner Trust | 1.270% | 5/15/19 | 1,578 | 1,575 |
5 | Toyota Auto Receivables 2015-B Owner Trust | 1.740% | 9/15/20 | 3,275 | 3,270 |
5 | Toyota Auto Receivables 2015-C Owner Trust | 1.340% | 6/17/19 | 1,197 | 1,195 |
5 | Toyota Auto Receivables 2015-C Owner Trust | 1.690% | 12/15/20 | 3,000 | 2,994 |
5 | Toyota Auto Receivables 2016-B Owner Trust | 1.300% | 4/15/20 | 1,706 | 1,700 |
5 | Toyota Auto Receivables 2016-B Owner Trust | 1.520% | 8/16/21 | 2,200 | 2,176 |
5 | Toyota Auto Receivables 2016-C Owner Trust | 1.140% | 8/17/20 | 2,825 | 2,805 |
5 | Toyota Auto Receivables 2016-C Owner Trust | 1.320% | 11/15/21 | 1,575 | 1,546 |
5 | Toyota Auto Receivables 2017-B Owner Trust | 1.760% | 7/15/21 | 13,400 | 13,319 |
5 | Toyota Auto Receivables 2017-D Owner Trust | 1.930% | 1/18/22 | 9,425 | 9,372 |
5 | UBS Commercial Mortgage Trust 2017-C1 | 3.460% | 6/15/50 | 7,000 | 7,154 |
5 | UBS Commercial Mortgage Trust 2017-C1 | 3.724% | 6/15/50 | 3,400 | 3,476 |
5 | UBS Commercial Mortgage Trust 2017-C2 | 3.487% | 8/15/50 | 5,850 | 5,996 |
5 | UBS Commercial Mortgage Trust 2017-C2 | 3.740% | 8/15/50 | 1,550 | 1,593 |
5 | UBS Commercial Mortgage Trust 2017-C3 | 3.426% | 8/15/50 | 6,975 | 7,069 |
5 | UBS Commercial Mortgage Trust 2017-C3 | 3.739% | 8/15/50 | 2,900 | 2,919 |
41
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 UBS Commercial Mortgage Trust 2017-C4 | 3.301% | 10/15/50 | 4,700 | 4,761 |
5 UBS Commercial Mortgage Trust 2017-C4 | 3.563% | 10/15/50 | 5,875 | 6,024 |
5 UBS Commercial Mortgage Trust 2017-C4 | 3.836% | 10/15/50 | 2,594 | 2,643 |
5 UBS Commercial Mortgage Trust 2017-C5 | 3.474% | 11/15/50 | 3,950 | 4,034 |
5 UBS Commercial Mortgage Trust 2017-C7 | 3.679% | 12/15/50 | 5,700 | 5,918 |
5 UBS Commercial Mortgage Trust 2017-C7 | 4.061% | 12/15/50 | 3,000 | 3,104 |
5 UBS-Barclays Commercial Mortgage | ||||
Trust 2012-C4 | 2.850% | 12/10/45 | 9,400 | 9,399 |
5 UBS-Barclays Commercial Mortgage | ||||
Trust 2013-C5 | 3.185% | 3/10/46 | 2,870 | 2,908 |
5 UBS-Barclays Commercial Mortgage | ||||
Trust 2013-C6 | 3.244% | 4/10/46 | 4,765 | 4,842 |
5 UBS-Barclays Commercial Mortgage | ||||
Trust 2013-C6 | 3.469% | 4/10/46 | 700 | 715 |
5 Volkswagen Auto Loan Enhanced | ||||
Trust 2014-2 | 1.390% | 5/20/21 | 1,875 | 1,872 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2012-LC5 | 2.918% | 10/15/45 | 4,971 | 5,010 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC16 | 2.819% | 8/15/50 | 1,150 | 1,157 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC16 | 3.477% | 8/15/50 | 775 | 797 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC16 | 3.817% | 8/15/50 | 11,690 | 12,256 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC16 | 4.020% | 8/15/50 | 400 | 420 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC18 | 2.954% | 12/15/47 | 2,250 | 2,273 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC18 | 3.244% | 12/15/47 | 1,400 | 1,428 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC18 | 3.271% | 12/15/47 | 2,625 | 2,668 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC18 | 3.405% | 12/15/47 | 3,725 | 3,814 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2014-LC18 | 3.808% | 12/15/47 | 1,875 | 1,921 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-C26 | 2.991% | 2/15/48 | 3,750 | 3,786 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-C26 | 3.166% | 2/15/48 | 2,075 | 2,092 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-C26 | 3.580% | 2/15/48 | 1,500 | 1,515 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-C28 | 3.540% | 5/15/48 | 5,425 | 5,569 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-C28 | 3.872% | 5/15/48 | 1,040 | 1,073 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-C29 | 3.400% | 6/15/48 | 3,650 | 3,751 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-LC20 | 2.978% | 4/15/50 | 1,029 | 1,038 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-LC20 | 3.184% | 4/15/50 | 4,335 | 4,362 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-LC20 | 3.719% | 4/15/50 | 1,900 | 1,902 |
42
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-LC22 | 3.571% | 9/15/58 | 1,425 | 1,476 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-LC22 | 3.839% | 9/15/58 | 2,000 | 2,102 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-LC22 | 4.207% | 9/15/58 | 1,775 | 1,890 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-NXS1 | 2.632% | 5/15/48 | 1,600 | 1,607 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-NXS1 | 2.934% | 5/15/48 | 2,720 | 2,740 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-NXS1 | 3.148% | 5/15/48 | 1,500 | 1,514 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-P2 | 3.656% | 12/15/48 | 2,875 | 2,987 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-P2 | 3.809% | 12/15/48 | 1,800 | 1,894 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2015-SG1 | 3.789% | 9/15/48 | 6,840 | 7,158 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-BNK1 | 2.652% | 8/15/49 | 4,875 | 4,725 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-BNK1 | 2.814% | 8/15/49 | 1,200 | 1,175 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-C32 | 3.324% | 1/15/59 | 1,929 | 1,973 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-C32 | 3.560% | 1/15/59 | 4,200 | 4,339 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-C33 | 3.426% | 3/15/59 | 1,450 | 1,485 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-C34 | 3.096% | 6/15/49 | 2,900 | 2,898 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-C37 | 3.794% | 12/15/49 | 2,900 | 3,047 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-LC24 | 2.825% | 10/15/49 | 3,275 | 3,259 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2016-LC24 | 2.942% | 10/15/49 | 5,654 | 5,585 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C38 | 3.453% | 7/15/50 | 16,255 | 16,577 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C38 | 3.665% | 7/15/50 | 4,606 | 4,664 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C39 | 3.418% | 9/15/50 | 7,000 | 7,170 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C39 | 3.702% | 9/15/50 | 3,900 | 3,976 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C40 | 3.317% | 10/15/50 | 3,925 | 3,966 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C40 | 3.581% | 10/15/50 | 5,900 | 6,088 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C40 | 3.854% | 10/15/50 | 1,575 | 1,628 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-C41 | 3.472% | 11/15/50 | 9,900 | 10,126 |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-RB1 | 3.635% | 3/15/50 | 10,000 | 10,350 |
43
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 Wells Fargo Commercial Mortgage | ||||
Trust 2017-RC1 | 3.631% | 1/15/60 | 15,000 | 15,507 |
5 WFRBS Commercial Mortgage | ||||
Trust 2012-C10 | 2.875% | 12/15/45 | 8,100 | 8,159 |
5 WFRBS Commercial Mortgage | ||||
Trust 2012-C6 | 3.440% | 4/15/45 | 3,875 | 3,983 |
5 WFRBS Commercial Mortgage | ||||
Trust 2012-C7 | 3.431% | 6/15/45 | 3,511 | 3,606 |
5 WFRBS Commercial Mortgage | ||||
Trust 2012-C7 | 4.090% | 6/15/45 | 2,200 | 2,283 |
5 WFRBS Commercial Mortgage | ||||
Trust 2012-C8 | 3.001% | 8/15/45 | 1,600 | 1,621 |
5 WFRBS Commercial Mortgage | ||||
Trust 2012-C9 | 2.870% | 11/15/45 | 3,300 | 3,317 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C11 | 3.071% | 3/15/45 | 2,414 | 2,449 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C12 | 3.198% | 3/15/48 | 1,045 | 1,066 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C12 | 3.560% | 3/15/48 | 495 | 504 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C13 | 3.001% | 5/15/45 | 2,154 | 2,176 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C13 | 3.345% | 5/15/45 | 421 | 424 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C14 | 3.337% | 6/15/46 | 3,250 | 3,337 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C14 | 3.488% | 6/15/46 | 1,725 | 1,748 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C15 | 3.720% | 8/15/46 | 660 | 683 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C15 | 4.153% | 8/15/46 | 2,640 | 2,816 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C15 | 4.358% | 8/15/46 | 660 | 695 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C16 | 3.223% | 9/15/46 | 1,076 | 1,082 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C16 | 3.963% | 9/15/46 | 1,520 | 1,584 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C16 | 4.415% | 9/15/46 | 1,520 | 1,645 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C16 | 4.668% | 9/15/46 | 2,530 | 2,710 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C17 | 2.921% | 12/15/46 | 725 | 729 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C17 | 3.558% | 12/15/46 | 725 | 747 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C17 | 4.023% | 12/15/46 | 925 | 982 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C17 | 4.255% | 12/15/46 | 725 | 762 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C17 | 4.788% | 12/15/46 | 725 | 768 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C18 | 3.027% | 12/15/46 | 750 | 754 |
44
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C18 | 3.651% | 12/15/46 | 1,500 | 1,546 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C18 | 4.162% | 12/15/46 | 7,268 | 7,776 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C18 | 4.387% | 12/15/46 | 375 | 400 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-C18 | 4.659% | 12/15/46 | 563 | 608 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-UBS1 | 2.927% | 3/15/46 | 1,850 | 1,859 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-UBS1 | 3.591% | 3/15/46 | 1,100 | 1,123 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-UBS1 | 4.079% | 3/15/46 | 1,475 | 1,564 |
5 WFRBS Commercial Mortgage | ||||
Trust 2013-UBS1 | 4.624% | 3/15/46 | 375 | 404 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C19 | 1.233% | 3/15/47 | 66 | 66 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C19 | 3.618% | 3/15/47 | 475 | 491 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C19 | 3.660% | 3/15/47 | 650 | 667 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C19 | 4.101% | 3/15/47 | 1,450 | 1,537 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C19 | 4.723% | 3/15/47 | 475 | 498 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C20 | 3.036% | 5/15/47 | 775 | 782 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C20 | 3.638% | 5/15/47 | 775 | 801 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C20 | 3.723% | 5/15/47 | 2,200 | 2,293 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C20 | 3.995% | 5/15/47 | 1,150 | 1,211 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C20 | 4.176% | 5/15/47 | 1,220 | 1,272 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C21 | 3.678% | 8/15/47 | 3,000 | 3,123 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C22 | 3.752% | 9/15/57 | 6,275 | 6,556 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C22 | 4.371% | 9/15/57 | 1,200 | 1,223 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C23 | 3.636% | 10/15/57 | 2,054 | 2,127 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C23 | 3.917% | 10/15/57 | 1,150 | 1,214 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C23 | 4.210% | 10/15/57 | 800 | 848 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C24 | 3.428% | 11/15/47 | 2,075 | 2,107 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-C24 | 3.607% | 11/15/47 | 2,075 | 2,150 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-LC14 | 2.862% | 3/15/47 | 732 | 736 |
45
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-LC14 | 3.522% | 3/15/47 | 1,840 | 1,894 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-LC14 | 4.045% | 3/15/47 | 4,415 | 4,682 |
5 WFRBS Commercial Mortgage | ||||
Trust 2014-LC14 | 4.351% | 3/15/47 | 1,840 | 1,932 |
5 World Financial Network Credit | ||||
Card Master Note Trust Series 2013-A | 1.610% | 12/15/21 | 900 | 900 |
5 World Financial Network Credit | ||||
Card Master Note Trust Series 2017-C | 2.310% | 8/15/24 | 6,375 | 6,347 |
5 World Omni Auto Receivables Trust 2014-A | 1.530% | 6/15/20 | 1,534 | 1,534 |
5 World Omni Auto Receivables Trust 2014-B | 1.140% | 1/15/20 | 535 | 534 |
5 World Omni Auto Receivables Trust 2014-B | 1.680% | 12/15/20 | 1,000 | 998 |
5 World Omni Auto Receivables Trust 2015-B | 1.490% | 12/15/20 | 1,526 | 1,523 |
5 World Omni Auto Receivables Trust 2015-B | 1.840% | 1/17/22 | 1,775 | 1,765 |
5 World Omni Automobile Lease Securitization | ||||
Trust 2015-A | 1.540% | 10/15/18 | 502 | 502 |
5 World Omni Automobile Lease Securitization | ||||
Trust 2016-A | 1.610% | 1/15/22 | 2,000 | 1,980 |
Total Asset-Backed/Commercial Mortgage-Backed Securities (Cost $3,339,535) | 3,338,869 | |||
Corporate Bonds (27.3%) | ||||
Finance (8.5%) | ||||
Banking (6.1%) | ||||
American Express Co. | 2.200% | 10/30/20 | 22,750 | 22,571 |
American Express Co. | 2.500% | 8/1/22 | 8,000 | 7,903 |
American Express Co. | 2.650% | 12/2/22 | 12,875 | 12,755 |
American Express Co. | 3.000% | 10/30/24 | 23,000 | 22,943 |
American Express Co. | 3.625% | 12/5/24 | 7,775 | 7,993 |
American Express Co. | 4.050% | 12/3/42 | 875 | 921 |
American Express Credit Corp. | 2.125% | 3/18/19 | 4,025 | 4,025 |
American Express Credit Corp. | 1.875% | 5/3/19 | 8,000 | 7,971 |
American Express Credit Corp. | 2.250% | 8/15/19 | 13,275 | 13,283 |
American Express Credit Corp. | 2.200% | 3/3/20 | 10,450 | 10,415 |
American Express Credit Corp. | 2.375% | 5/26/20 | 2,280 | 2,278 |
American Express Credit Corp. | 2.600% | 9/14/20 | 13,000 | 13,054 |
American Express Credit Corp. | 2.250% | 5/5/21 | 19,220 | 19,040 |
American Express Credit Corp. | 2.700% | 3/3/22 | 25,650 | 25,735 |
American Express Credit Corp. | 3.300% | 5/3/27 | 14,425 | 14,563 |
Australia & New Zealand Banking Group Ltd. | 2.250% | 6/13/19 | 1,600 | 1,600 |
Australia & New Zealand Banking Group Ltd. | 1.600% | 7/15/19 | 14,650 | 14,507 |
Australia & New Zealand Banking Group Ltd. | 2.050% | 9/23/19 | 4,000 | 3,981 |
Australia & New Zealand Banking Group Ltd. | 2.125% | 8/19/20 | 10,000 | 9,913 |
Australia & New Zealand Banking Group Ltd. | 2.700% | 11/16/20 | 10,000 | 10,052 |
Australia & New Zealand Banking Group Ltd. | 2.300% | 6/1/21 | 7,100 | 7,030 |
Australia & New Zealand Banking Group Ltd. | 2.550% | 11/23/21 | 6,000 | 5,964 |
Australia & New Zealand Banking Group Ltd. | 2.625% | 5/19/22 | 13,000 | 12,952 |
Australia & New Zealand Banking Group Ltd. | 3.700% | 11/16/25 | 9,425 | 9,901 |
Australia & New Zealand Banking Group Ltd. | 2.250% | 11/9/20 | 8,200 | 8,151 |
Australia & New Zealand Banking Group Ltd. | 2.625% | 11/9/22 | 8,200 | 8,148 |
Banco Bilbao Vizcaya Argentaria SA | 3.000% | 10/20/20 | 8,125 | 8,197 |
Banco Santander SA | 4.250% | 4/11/27 | 8,175 | 8,470 |
Banco Santander SA | 3.800% | 2/23/28 | 10,000 | 9,996 |
Bank of America Corp. | 2.600% | 1/15/19 | 4,651 | 4,669 |
46
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Bank of America Corp. | 2.650% | 4/1/19 | 11,325 | 11,403 | |
Bank of America Corp. | 2.250% | 4/21/20 | 9,700 | 9,698 | |
Bank of America Corp. | 2.625% | 10/19/20 | 34,779 | 35,046 | |
Bank of America Corp. | 2.625% | 4/19/21 | 17,020 | 17,107 | |
5 | Bank of America Corp. | 2.369% | 7/21/21 | 9,175 | 9,148 |
5 | Bank of America Corp. | 2.328% | 10/1/21 | 21,000 | 20,817 |
Bank of America Corp. | 2.503% | 10/21/22 | 31,500 | 31,163 | |
Bank of America Corp. | 3.300% | 1/11/23 | 35,450 | 36,271 | |
5 | Bank of America Corp. | 3.124% | 1/20/23 | 3,655 | 3,704 |
5 | Bank of America Corp. | 2.881% | 4/24/23 | 19,850 | 19,864 |
5 | Bank of America Corp. | 2.816% | 7/21/23 | 32,750 | 32,685 |
Bank of America Corp. | 4.100% | 7/24/23 | 13,568 | 14,396 | |
5,10 Bank of America Corp. | 3.004% | 12/20/23 | 62,988 | 63,028 | |
Bank of America Corp. | 4.125% | 1/22/24 | 16,650 | 17,675 | |
Bank of America Corp. | 4.000% | 4/1/24 | 25,225 | 26,659 | |
Bank of America Corp. | 4.200% | 8/26/24 | 38,845 | 40,739 | |
Bank of America Corp. | 4.000% | 1/22/25 | 46,700 | 48,579 | |
Bank of America Corp. | 3.950% | 4/21/25 | 12,750 | 13,179 | |
5 | Bank of America Corp. | 3.093% | 10/1/25 | 26,100 | 25,911 |
Bank of America Corp. | 4.450% | 3/3/26 | 31,201 | 33,302 | |
Bank of America Corp. | 3.500% | 4/19/26 | 15,000 | 15,331 | |
Bank of America Corp. | 4.250% | 10/22/26 | 15,725 | 16,521 | |
Bank of America Corp. | 3.248% | 10/21/27 | 19,700 | 19,460 | |
5 | Bank of America Corp. | 3.824% | 1/20/28 | 19,330 | 19,941 |
5 | Bank of America Corp. | 3.705% | 4/24/28 | 14,500 | 14,833 |
5 | Bank of America Corp. | 3.593% | 7/21/28 | 36,000 | 36,432 |
5,10 Bank of America Corp. | 3.419% | 12/20/28 | 59,366 | 59,239 | |
Bank of America Corp. | 6.110% | 1/29/37 | 16,187 | 20,599 | |
5 | Bank of America Corp. | 4.244% | 4/24/38 | 19,775 | 21,377 |
Bank of America Corp. | 7.750% | 5/14/38 | 10,815 | 16,199 | |
Bank of America Corp. | 5.875% | 2/7/42 | 17,700 | 23,244 | |
Bank of America Corp. | 5.000% | 1/21/44 | 30,760 | 37,145 | |
Bank of America Corp. | 4.875% | 4/1/44 | 4,725 | 5,656 | |
Bank of America Corp. | 4.750% | 4/21/45 | 1,000 | 1,126 | |
5 | Bank of America Corp. | 4.443% | 1/20/48 | 1,550 | 1,735 |
Bank of America NA | 6.000% | 10/15/36 | 6,875 | 8,919 | |
Bank of Montreal | 2.375% | 1/25/19 | 16,645 | 16,669 | |
Bank of Montreal | 1.500% | 7/18/19 | 12,200 | 12,083 | |
Bank of Montreal | 2.100% | 12/12/19 | 5,000 | 4,981 | |
Bank of Montreal | 2.100% | 6/15/20 | 6,100 | 6,057 | |
Bank of Montreal | 1.900% | 8/27/21 | 17,600 | 17,225 | |
Bank of Montreal | 2.550% | 11/6/22 | 4,925 | 4,873 | |
5 | Bank of Montreal | 3.803% | 12/15/32 | 24,500 | 24,453 |
Bank of New York Mellon Corp. | 2.100% | 1/15/19 | 19,768 | 19,777 | |
Bank of New York Mellon Corp. | 2.200% | 3/4/19 | 7,625 | 7,633 | |
Bank of New York Mellon Corp. | 2.200% | 5/15/19 | 775 | 776 | |
Bank of New York Mellon Corp. | 5.450% | 5/15/19 | 6,645 | 6,923 | |
Bank of New York Mellon Corp. | 2.300% | 9/11/19 | 12,000 | 12,012 | |
Bank of New York Mellon Corp. | 4.600% | 1/15/20 | 6,875 | 7,193 | |
Bank of New York Mellon Corp. | 2.600% | 8/17/20 | 3,000 | 3,021 | |
Bank of New York Mellon Corp. | 2.450% | 11/27/20 | 8,330 | 8,350 | |
Bank of New York Mellon Corp. | 2.050% | 5/3/21 | 9,475 | 9,348 | |
Bank of New York Mellon Corp. | 3.550% | 9/23/21 | 5,700 | 5,910 | |
Bank of New York Mellon Corp. | 2.600% | 2/7/22 | 10,000 | 10,011 |
47
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 Bank of New York Mellon Corp. | 2.661% | 5/16/23 | 11,575 | 11,555 |
Bank of New York Mellon Corp. | 2.200% | 8/16/23 | 3,000 | 2,905 |
Bank of New York Mellon Corp. | 3.650% | 2/4/24 | 1,100 | 1,150 |
Bank of New York Mellon Corp. | 3.400% | 5/15/24 | 2,875 | 2,968 |
Bank of New York Mellon Corp. | 3.250% | 9/11/24 | 4,050 | 4,121 |
Bank of New York Mellon Corp. | 3.000% | 2/24/25 | 300 | 299 |
Bank of New York Mellon Corp. | 2.800% | 5/4/26 | 3,000 | 2,925 |
Bank of New York Mellon Corp. | 2.450% | 8/17/26 | 4,500 | 4,262 |
Bank of New York Mellon Corp. | 3.250% | 5/16/27 | 12,900 | 13,017 |
5 Bank of New York Mellon Corp. | 3.442% | 2/7/28 | 7,025 | 7,167 |
Bank of New York Mellon Corp. | 3.000% | 10/30/28 | 3,700 | 3,588 |
Bank of New York Mellon Corp. | 3.300% | 8/23/29 | 10,150 | 10,097 |
Bank of Nova Scotia | 1.950% | 1/15/19 | 5,600 | 5,598 |
Bank of Nova Scotia | 2.050% | 6/5/19 | 11,513 | 11,474 |
Bank of Nova Scotia | 1.650% | 6/14/19 | 11,000 | 10,917 |
Bank of Nova Scotia | 2.350% | 10/21/20 | 9,800 | 9,776 |
Bank of Nova Scotia | 4.375% | 1/13/21 | 1,570 | 1,655 |
Bank of Nova Scotia | 2.800% | 7/21/21 | 16,630 | 16,762 |
Bank of Nova Scotia | 2.700% | 3/7/22 | 8,000 | 7,986 |
Bank of Nova Scotia | 4.500% | 12/16/25 | 18,950 | 19,940 |
Bank One Capital III | 8.750% | 9/1/30 | 290 | 424 |
Bank One Corp. | 7.625% | 10/15/26 | 975 | 1,255 |
Bank One Corp. | 8.000% | 4/29/27 | 2,500 | 3,335 |
Bank One Michigan | 8.250% | 11/1/24 | 6,000 | 7,657 |
Barclays Bank plc | 5.140% | 10/14/20 | 4,795 | 5,065 |
Barclays plc | 2.750% | 11/8/19 | 12,225 | 12,259 |
Barclays plc | 2.875% | 6/8/20 | 7,750 | 7,771 |
Barclays plc | 3.250% | 1/12/21 | 9,200 | 9,283 |
Barclays plc | 3.200% | 8/10/21 | 21,600 | 21,743 |
Barclays plc | 3.684% | 1/10/23 | 29,000 | 29,411 |
Barclays plc | 4.375% | 9/11/24 | 5,000 | 5,128 |
Barclays plc | 3.650% | 3/16/25 | 14,900 | 14,895 |
Barclays plc | 4.375% | 1/12/26 | 7,000 | 7,284 |
Barclays plc | 5.200% | 5/12/26 | 16,775 | 17,897 |
Barclays plc | 4.337% | 1/10/28 | 25,000 | 25,805 |
Barclays plc | 4.836% | 5/9/28 | 9,200 | 9,542 |
Barclays plc | 5.250% | 8/17/45 | 3,600 | 4,179 |
Barclays plc | 4.950% | 1/10/47 | 11,500 | 12,807 |
BB&T Corp. | 2.250% | 2/1/19 | 2,400 | 2,403 |
BB&T Corp. | 6.850% | 4/30/19 | 8,261 | 8,752 |
BB&T Corp. | 5.250% | 11/1/19 | 3,650 | 3,833 |
BB&T Corp. | 2.450% | 1/15/20 | 1,250 | 1,254 |
BB&T Corp. | 2.150% | 2/1/21 | 6,675 | 6,606 |
BB&T Corp. | 2.050% | 5/10/21 | 14,025 | 13,827 |
BB&T Corp. | 3.950% | 3/22/22 | 2,049 | 2,143 |
BB&T Corp. | 2.750% | 4/1/22 | 7,000 | 7,046 |
BB&T Corp. | 2.850% | 10/26/24 | 11,491 | 11,368 |
BNP Paribas SA | 2.450% | 3/17/19 | 1,200 | 1,205 |
BNP Paribas SA | 2.375% | 5/21/20 | 9,500 | 9,501 |
BNP Paribas SA | 5.000% | 1/15/21 | 24,404 | 26,179 |
BNP Paribas SA | 3.250% | 3/3/23 | 9,025 | 9,186 |
BNP Paribas SA | 4.250% | 10/15/24 | 3,600 | 3,792 |
BPCE SA | 2.500% | 7/15/19 | 6,320 | 6,343 |
BPCE SA | 2.250% | 1/27/20 | 2,375 | 2,369 |
48
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
BPCE SA | 2.650% | 2/3/21 | 5,025 | 5,039 | |
BPCE SA | 2.750% | 12/2/21 | 13,000 | 13,036 | |
10 | BPCE SA | 3.000% | 5/22/22 | 5,500 | 5,494 |
BPCE SA | 4.000% | 4/15/24 | 12,800 | 13,524 | |
BPCE SA | 3.375% | 12/2/26 | 4,000 | 4,049 | |
Branch Banking & Trust Co. | 1.450% | 5/10/19 | 5,775 | 5,713 | |
Branch Banking & Trust Co. | 2.100% | 1/15/20 | 10,000 | 9,967 | |
Branch Banking & Trust Co. | 2.250% | 6/1/20 | 25,000 | 24,972 | |
Branch Banking & Trust Co. | 2.850% | 4/1/21 | 3,000 | 3,042 | |
Branch Banking & Trust Co. | 2.625% | 1/15/22 | 5,000 | 5,010 | |
Branch Banking & Trust Co. | 3.625% | 9/16/25 | 9,100 | 9,388 | |
Branch Banking & Trust Co. | 3.800% | 10/30/26 | 3,200 | 3,339 | |
Canadian Imperial Bank of Commerce | 1.600% | 9/6/19 | 6,450 | 6,380 | |
Canadian Imperial Bank of Commerce | 2.100% | 10/5/20 | 9,000 | 8,924 | |
Canadian Imperial Bank of Commerce | 2.550% | 6/16/22 | 15,400 | 15,294 | |
Capital One Bank USA NA | 2.250% | 2/13/19 | 10,000 | 9,994 | |
Capital One Bank USA NA | 2.300% | 6/5/19 | 5,850 | 5,844 | |
Capital One Bank USA NA | 8.800% | 7/15/19 | 6,825 | 7,440 | |
Capital One Bank USA NA | 3.375% | 2/15/23 | 9,110 | 9,201 | |
Capital One Financial Corp. | 2.450% | 4/24/19 | 6,875 | 6,885 | |
Capital One Financial Corp. | 2.500% | 5/12/20 | 6,250 | 6,241 | |
Capital One Financial Corp. | 2.400% | 10/30/20 | 7,000 | 6,943 | |
Capital One Financial Corp. | 4.750% | 7/15/21 | 545 | 581 | |
Capital One Financial Corp. | 3.050% | 3/9/22 | 7,500 | 7,528 | |
Capital One Financial Corp. | 3.500% | 6/15/23 | 1,210 | 1,230 | |
Capital One Financial Corp. | 3.750% | 4/24/24 | 6,900 | 7,087 | |
Capital One Financial Corp. | 3.300% | 10/30/24 | 11,125 | 11,061 | |
Capital One Financial Corp. | 3.200% | 2/5/25 | 7,000 | 6,919 | |
Capital One Financial Corp. | 4.200% | 10/29/25 | 625 | 643 | |
Capital One Financial Corp. | 3.750% | 7/28/26 | 7,500 | 7,449 | |
Capital One Financial Corp. | 3.750% | 3/9/27 | 4,950 | 4,982 | |
Capital One NA | 2.400% | 9/5/19 | 2,850 | 2,851 | |
Capital One NA | 1.850% | 9/13/19 | 4,450 | 4,406 | |
Capital One NA | 2.350% | 1/31/20 | 20,000 | 19,931 | |
Capital One NA | 2.950% | 7/23/21 | 19,500 | 19,569 | |
Capital One NA | 2.250% | 9/13/21 | 7,300 | 7,162 | |
Capital One NA | 2.650% | 8/8/22 | 12,000 | 11,876 | |
Citibank NA | 1.850% | 9/18/19 | 16,275 | 16,157 | |
Citibank NA | 2.100% | 6/12/20 | 10,000 | 9,911 | |
Citibank NA | 2.125% | 10/20/20 | 34,500 | 34,144 | |
5,10 Citicorp Lease Pass-Through Trust 1999-1 | 8.040% | 12/15/19 | 2,996 | 3,293 | |
Citigroup Inc. | 1.800% | 2/5/18 | 6,425 | 6,424 | |
Citigroup Inc. | 1.750% | 5/1/18 | 7,575 | 7,569 | |
Citigroup Inc. | 2.550% | 4/8/19 | 24,000 | 24,079 | |
Citigroup Inc. | 2.050% | 6/7/19 | 11,100 | 11,067 | |
Citigroup Inc. | 2.500% | 7/29/19 | 10,025 | 10,047 | |
Citigroup Inc. | 2.450% | 1/10/20 | 10,750 | 10,742 | |
Citigroup Inc. | 2.400% | 2/18/20 | 8,225 | 8,208 | |
Citigroup Inc. | 5.375% | 8/9/20 | 5,564 | 5,958 | |
Citigroup Inc. | 2.650% | 10/26/20 | 2,000 | 2,010 | |
Citigroup Inc. | 2.700% | 3/30/21 | 25,220 | 25,264 | |
Citigroup Inc. | 2.350% | 8/2/21 | 3,150 | 3,110 | |
Citigroup Inc. | 2.900% | 12/8/21 | 23,850 | 23,952 | |
Citigroup Inc. | 4.500% | 1/14/22 | 12,600 | 13,405 |
49
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Citigroup Inc. | 4.050% | 7/30/22 | 6,275 | 6,527 | |
Citigroup Inc. | 2.700% | 10/27/22 | 5,000 | 4,946 | |
Citigroup Inc. | 3.375% | 3/1/23 | 1,600 | 1,622 | |
Citigroup Inc. | 3.500% | 5/15/23 | 17,725 | 17,992 | |
5 | Citigroup Inc. | 2.876% | 7/24/23 | 23,750 | 23,633 |
Citigroup Inc. | 3.875% | 10/25/23 | 15,480 | 16,061 | |
Citigroup Inc. | 3.750% | 6/16/24 | 1,950 | 2,015 | |
Citigroup Inc. | 4.000% | 8/5/24 | 5,525 | 5,747 | |
Citigroup Inc. | 3.875% | 3/26/25 | 11,325 | 11,591 | |
Citigroup Inc. | 3.300% | 4/27/25 | 4,825 | 4,852 | |
Citigroup Inc. | 4.400% | 6/10/25 | 28,125 | 29,629 | |
Citigroup Inc. | 5.500% | 9/13/25 | 9,000 | 10,118 | |
Citigroup Inc. | 3.700% | 1/12/26 | 13,575 | 13,941 | |
Citigroup Inc. | 4.600% | 3/9/26 | 24,150 | 25,611 | |
Citigroup Inc. | 3.400% | 5/1/26 | 10,000 | 10,025 | |
Citigroup Inc. | 3.200% | 10/21/26 | 46,025 | 45,555 | |
Citigroup Inc. | 4.300% | 11/20/26 | 5,850 | 6,098 | |
Citigroup Inc. | 4.450% | 9/29/27 | 22,200 | 23,412 | |
5 | Citigroup Inc. | 3.887% | 1/10/28 | 17,150 | 17,667 |
Citigroup Inc. | 6.625% | 1/15/28 | 2,900 | 3,569 | |
5 | Citigroup Inc. | 3.668% | 7/24/28 | 14,525 | 14,705 |
Citigroup Inc. | 4.125% | 7/25/28 | 4,100 | 4,228 | |
5 | Citigroup Inc. | 3.520% | 10/27/28 | 15,000 | 15,045 |
Citigroup Inc. | 6.625% | 6/15/32 | 1,125 | 1,432 | |
Citigroup Inc. | 6.000% | 10/31/33 | 3,850 | 4,698 | |
Citigroup Inc. | 6.125% | 8/25/36 | 10,218 | 12,826 | |
Citigroup Inc. | 8.125% | 7/15/39 | 14,199 | 22,642 | |
Citigroup Inc. | 5.875% | 1/30/42 | 7,064 | 9,209 | |
Citigroup Inc. | 6.675% | 9/13/43 | 4,600 | 6,347 | |
Citigroup Inc. | 4.950% | 11/7/43 | 8,250 | 9,425 | |
Citigroup Inc. | 5.300% | 5/6/44 | 4,725 | 5,577 | |
Citigroup Inc. | 4.650% | 7/30/45 | 5,000 | 5,689 | |
Citigroup Inc. | 4.750% | 5/18/46 | 6,730 | 7,429 | |
Citizens Bank NA | 2.500% | 3/14/19 | 7,500 | 7,516 | |
Citizens Bank NA | 2.450% | 12/4/19 | 3,100 | 3,101 | |
Citizens Bank NA | 2.250% | 3/2/20 | 6,600 | 6,565 | |
Citizens Bank NA | 2.200% | 5/26/20 | 9,300 | 9,227 | |
Citizens Bank NA | 2.250% | 10/30/20 | 8,750 | 8,663 | |
Citizens Bank NA | 2.550% | 5/13/21 | 250 | 249 | |
Citizens Bank NA | 2.650% | 5/26/22 | 5,600 | 5,544 | |
Citizens Financial Group Inc. | 2.375% | 7/28/21 | 1,000 | 988 | |
Citizens Financial Group Inc. | 4.300% | 12/3/25 | 3,950 | 4,120 | |
Comerica Bank | 4.000% | 7/27/25 | 2,975 | 3,082 | |
Comerica Inc. | 2.125% | 5/23/19 | 800 | 796 | |
Comerica Inc. | 3.800% | 7/22/26 | 850 | 863 | |
Commonwealth Bank of Australia | 2.250% | 3/13/19 | 2,000 | 2,000 | |
Commonwealth Bank of Australia | 2.050% | 3/15/19 | 6,775 | 6,759 | |
Commonwealth Bank of Australia | 2.300% | 9/6/19 | 3,600 | 3,601 | |
10 | Commonwealth Bank of Australia | 1.750% | 11/7/19 | 800 | 792 |
Commonwealth Bank of Australia | 2.400% | 11/2/20 | 7,500 | 7,482 | |
Commonwealth Bank of Australia | 2.550% | 3/15/21 | 5,775 | 5,769 | |
10 | Commonwealth Bank of Australia | 2.750% | 3/10/22 | 10,700 | 10,731 |
10 | Commonwealth Bank of Australia | 2.625% | 9/6/26 | 200 | 191 |
Compass Bank | 2.750% | 9/29/19 | 1,750 | 1,755 |
50
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Compass Bank | 2.875% | 6/29/22 | 14,100 | 13,897 | |
Cooperatieve Rabobank UA | 2.250% | 1/14/19 | 18,700 | 18,728 | |
Cooperatieve Rabobank UA | 2.250% | 1/14/20 | 13,000 | 12,985 | |
Cooperatieve Rabobank UA | 4.500% | 1/11/21 | 2,465 | 2,613 | |
Cooperatieve Rabobank UA | 2.500% | 1/19/21 | 40,200 | 40,312 | |
Cooperatieve Rabobank UA | 2.750% | 1/10/22 | 14,000 | 14,109 | |
Cooperatieve Rabobank UA | 3.875% | 2/8/22 | 20,421 | 21,447 | |
Cooperatieve Rabobank UA | 3.950% | 11/9/22 | 29,828 | 31,063 | |
Cooperatieve Rabobank UA | 4.625% | 12/1/23 | 15,775 | 16,867 | |
Cooperatieve Rabobank UA | 3.375% | 5/21/25 | 7,342 | 7,531 | |
Cooperatieve Rabobank UA | 4.375% | 8/4/25 | 11,375 | 11,998 | |
Cooperatieve Rabobank UA | 3.750% | 7/21/26 | 7,725 | 7,807 | |
Cooperatieve Rabobank UA | 5.250% | 5/24/41 | 9,755 | 12,332 | |
Cooperatieve Rabobank UA | 5.750% | 12/1/43 | 7,925 | 10,084 | |
Cooperatieve Rabobank UA | 5.250% | 8/4/45 | 15,273 | 18,463 | |
Credit Suisse AG | 2.300% | 5/28/19 | 26,025 | 26,070 | |
Credit Suisse AG | 5.300% | 8/13/19 | 8,650 | 9,055 | |
Credit Suisse AG | 5.400% | 1/14/20 | 5,725 | 6,035 | |
Credit Suisse AG | 3.000% | 10/29/21 | 11,600 | 11,724 | |
Credit Suisse AG | 3.625% | 9/9/24 | 19,917 | 20,562 | |
10 | Credit Suisse Group AG | 3.574% | 1/9/23 | 10,500 | 10,659 |
10 | Credit Suisse Group AG | 4.282% | 1/9/28 | 22,250 | 23,128 |
Credit Suisse Group Funding Guernsey Ltd. | 2.750% | 3/26/20 | 600 | 602 | |
Credit Suisse Group Funding Guernsey Ltd. | 3.125% | 12/10/20 | 8,100 | 8,192 | |
Credit Suisse Group Funding Guernsey Ltd. | 3.450% | 4/16/21 | 25,305 | 25,814 | |
Credit Suisse Group Funding Guernsey Ltd. | 3.800% | 9/15/22 | 17,250 | 17,770 | |
Credit Suisse Group Funding Guernsey Ltd. | 3.800% | 6/9/23 | 8,735 | 8,979 | |
Credit Suisse Group Funding Guernsey Ltd. | 3.750% | 3/26/25 | 23,250 | 23,671 | |
Credit Suisse Group Funding Guernsey Ltd. | 4.550% | 4/17/26 | 9,700 | 10,352 | |
Credit Suisse Group Funding Guernsey Ltd. | 4.875% | 5/15/45 | 9,800 | 11,283 | |
Credit Suisse USA Inc. | 7.125% | 7/15/32 | 4,560 | 6,288 | |
10 | Danske Bank A/S | 2.800% | 3/10/21 | 200 | 201 |
Deutsche Bank AG | 2.500% | 2/13/19 | 16,100 | 16,083 | |
Deutsche Bank AG | 2.850% | 5/10/19 | 8,725 | 8,749 | |
Deutsche Bank AG | 2.700% | 7/13/20 | 20,900 | 20,799 | |
Deutsche Bank AG | 2.950% | 8/20/20 | 10,500 | 10,513 | |
Deutsche Bank AG | 3.125% | 1/13/21 | 5,475 | 5,489 | |
Deutsche Bank AG | 3.375% | 5/12/21 | 7,775 | 7,844 | |
Deutsche Bank AG | 4.250% | 10/14/21 | 17,000 | 17,621 | |
Deutsche Bank AG | 3.700% | 5/30/24 | 14,550 | 14,629 | |
Deutsche Bank AG | 4.100% | 1/13/26 | 3,475 | 3,535 | |
Deutsche Bank AG | 3.300% | 11/16/22 | 16,000 | 15,925 | |
Discover Bank | 7.000% | 4/15/20 | 1,350 | 1,473 | |
Discover Bank | 3.200% | 8/9/21 | 1,400 | 1,416 | |
Discover Bank | 4.200% | 8/8/23 | 9,475 | 9,966 | |
Discover Bank | 4.250% | 3/13/26 | 2,175 | 2,266 | |
Discover Bank | 3.450% | 7/27/26 | 6,000 | 5,919 | |
Discover Financial Services | 5.200% | 4/27/22 | 950 | 1,021 | |
Discover Financial Services | 3.850% | 11/21/22 | 5,630 | 5,768 | |
Discover Financial Services | 3.750% | 3/4/25 | 3,600 | 3,621 | |
Discover Financial Services | 4.100% | 2/9/27 | 5,300 | 5,409 | |
Fifth Third Bancorp | 2.300% | 3/1/19 | 4,000 | 4,001 | |
Fifth Third Bancorp | 3.500% | 3/15/22 | 6,025 | 6,204 | |
Fifth Third Bancorp | 4.300% | 1/16/24 | 7,050 | 7,450 |
51
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Fifth Third Bancorp | 8.250% | 3/1/38 | 5,771 | 8,818 |
Fifth Third Bank | 2.300% | 3/15/19 | 5,000 | 5,010 |
Fifth Third Bank | 2.375% | 4/25/19 | 10,000 | 10,029 |
Fifth Third Bank | 1.625% | 9/27/19 | 4,575 | 4,523 |
Fifth Third Bank | 2.200% | 10/30/20 | 6,050 | 6,006 |
Fifth Third Bank | 2.250% | 6/14/21 | 6,500 | 6,429 |
Fifth Third Bank | 3.850% | 3/15/26 | 10,500 | 10,837 |
First Horizon National Corp. | 3.500% | 12/15/20 | 2,050 | 2,090 |
First Niagara Financial Group Inc. | 6.750% | 3/19/20 | 2,300 | 2,506 |
First Republic Bank | 2.500% | 6/6/22 | 9,300 | 9,176 |
First Republic Bank | 4.375% | 8/1/46 | 1,200 | 1,222 |
First Republic Bank | 4.625% | 2/13/47 | 2,000 | 2,128 |
FirstMerit Bank NA | 4.270% | 11/25/26 | 4,150 | 4,326 |
FirstMerit Corp. | 4.350% | 2/4/23 | 4,950 | 5,160 |
Goldman Sachs Capital I | 6.345% | 2/15/34 | 8,175 | 10,219 |
Goldman Sachs Group Inc. | 2.625% | 1/31/19 | 8,800 | 8,835 |
Goldman Sachs Group Inc. | 7.500% | 2/15/19 | 20,105 | 21,254 |
Goldman Sachs Group Inc. | 1.950% | 7/23/19 | 3,800 | 3,778 |
Goldman Sachs Group Inc. | 2.550% | 10/23/19 | 18,500 | 18,534 |
Goldman Sachs Group Inc. | 2.300% | 12/13/19 | 17,275 | 17,230 |
Goldman Sachs Group Inc. | 5.375% | 3/15/20 | 23,140 | 24,519 |
Goldman Sachs Group Inc. | 2.600% | 4/23/20 | 11,125 | 11,137 |
Goldman Sachs Group Inc. | 6.000% | 6/15/20 | 22,270 | 24,040 |
Goldman Sachs Group Inc. | 2.750% | 9/15/20 | 23,620 | 23,704 |
Goldman Sachs Group Inc. | 2.875% | 2/25/21 | 750 | 756 |
Goldman Sachs Group Inc. | 2.625% | 4/25/21 | 7,950 | 7,938 |
Goldman Sachs Group Inc. | 5.250% | 7/27/21 | 31,011 | 33,614 |
Goldman Sachs Group Inc. | 2.350% | 11/15/21 | 8,750 | 8,618 |
Goldman Sachs Group Inc. | 5.750% | 1/24/22 | 43,944 | 48,595 |
Goldman Sachs Group Inc. | 3.000% | 4/26/22 | 40,150 | 40,310 |
5 Goldman Sachs Group Inc. | 2.876% | 10/31/22 | 45,000 | 44,888 |
Goldman Sachs Group Inc. | 3.625% | 1/22/23 | 15,450 | 15,890 |
5 Goldman Sachs Group Inc. | 2.908% | 6/5/23 | 25,000 | 24,790 |
5 Goldman Sachs Group Inc. | 2.905% | 7/24/23 | 23,400 | 23,195 |
Goldman Sachs Group Inc. | 4.000% | 3/3/24 | 52,325 | 54,815 |
Goldman Sachs Group Inc. | 3.850% | 7/8/24 | 4,525 | 4,687 |
Goldman Sachs Group Inc. | 3.500% | 1/23/25 | 22,725 | 23,008 |
5 Goldman Sachs Group Inc. | 3.272% | 9/29/25 | 31,685 | 31,438 |
Goldman Sachs Group Inc. | 4.250% | 10/21/25 | 3,750 | 3,905 |
Goldman Sachs Group Inc. | 3.750% | 2/25/26 | 21,100 | 21,645 |
Goldman Sachs Group Inc. | 3.500% | 11/16/26 | 25,865 | 25,934 |
Goldman Sachs Group Inc. | 5.950% | 1/15/27 | 3,945 | 4,593 |
Goldman Sachs Group Inc. | 3.850% | 1/26/27 | 27,175 | 27,848 |
5 Goldman Sachs Group Inc. | 3.691% | 6/5/28 | 21,300 | 21,599 |
Goldman Sachs Group Inc. | 6.125% | 2/15/33 | 18,525 | 23,602 |
Goldman Sachs Group Inc. | 6.450% | 5/1/36 | 12,600 | 16,131 |
Goldman Sachs Group Inc. | 6.750% | 10/1/37 | 41,935 | 56,150 |
5 Goldman Sachs Group Inc. | 4.017% | 10/31/38 | 21,375 | 21,898 |
Goldman Sachs Group Inc. | 6.250% | 2/1/41 | 14,006 | 18,712 |
Goldman Sachs Group Inc. | 4.800% | 7/8/44 | 26,075 | 29,541 |
Goldman Sachs Group Inc. | 5.150% | 5/22/45 | 19,600 | 22,629 |
Goldman Sachs Group Inc. | 4.750% | 10/21/45 | 7,250 | 8,259 |
HSBC Bank USA NA | 4.875% | 8/24/20 | 9,275 | 9,803 |
HSBC Bank USA NA | 5.875% | 11/1/34 | 3,875 | 4,994 |
52
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
HSBC Bank USA NA | 5.625% | 8/15/35 | 5,450 | 6,884 |
HSBC Bank USA NA | 7.000% | 1/15/39 | 7,226 | 10,587 |
HSBC Holdings plc | 3.400% | 3/8/21 | 24,038 | 24,551 |
HSBC Holdings plc | 5.100% | 4/5/21 | 14,020 | 15,055 |
HSBC Holdings plc | 2.950% | 5/25/21 | 20,000 | 20,132 |
HSBC Holdings plc | 2.650% | 1/5/22 | 33,000 | 32,758 |
HSBC Holdings plc | 4.875% | 1/14/22 | 1,895 | 2,038 |
HSBC Holdings plc | 4.000% | 3/30/22 | 7,455 | 7,794 |
5 HSBC Holdings plc | 3.262% | 3/13/23 | 31,000 | 31,395 |
HSBC Holdings plc | 3.600% | 5/25/23 | 21,750 | 22,379 |
5 HSBC Holdings plc | 3.033% | 11/22/23 | 7,950 | 7,964 |
HSBC Holdings plc | 4.250% | 3/14/24 | 10,500 | 10,938 |
HSBC Holdings plc | 4.250% | 8/18/25 | 12,250 | 12,715 |
HSBC Holdings plc | 4.300% | 3/8/26 | 35,305 | 37,493 |
HSBC Holdings plc | 3.900% | 5/25/26 | 22,600 | 23,378 |
HSBC Holdings plc | 4.375% | 11/23/26 | 21,300 | 22,225 |
5 HSBC Holdings plc | 4.041% | 3/13/28 | 24,100 | 25,086 |
HSBC Holdings plc | 7.625% | 5/17/32 | 575 | 782 |
HSBC Holdings plc | 7.350% | 11/27/32 | 600 | 802 |
HSBC Holdings plc | 6.500% | 5/2/36 | 13,465 | 17,592 |
HSBC Holdings plc | 6.500% | 9/15/37 | 13,015 | 17,137 |
HSBC Holdings plc | 6.800% | 6/1/38 | 4,225 | 5,768 |
HSBC Holdings plc | 6.100% | 1/14/42 | 4,075 | 5,596 |
HSBC Holdings plc | 5.250% | 3/14/44 | 19,350 | 22,751 |
HSBC USA Inc. | 2.000% | 8/7/18 | 7,000 | 7,001 |
HSBC USA Inc. | 2.625% | 9/24/18 | 9,670 | 9,711 |
HSBC USA Inc. | 2.250% | 6/23/19 | 1,000 | 1,002 |
HSBC USA Inc. | 2.375% | 11/13/19 | 10,225 | 10,242 |
HSBC USA Inc. | 2.350% | 3/5/20 | 13,200 | 13,195 |
HSBC USA Inc. | 2.750% | 8/7/20 | 3,000 | 3,020 |
HSBC USA Inc. | 5.000% | 9/27/20 | 4,855 | 5,134 |
HSBC USA Inc. | 3.500% | 6/23/24 | 11,475 | 11,773 |
Huntington Bancshares Inc. | 7.000% | 12/15/20 | 6,800 | 7,593 |
Huntington Bancshares Inc. | 3.150% | 3/14/21 | 9,700 | 9,852 |
Huntington Bancshares Inc. | 2.300% | 1/14/22 | 1,500 | 1,476 |
Huntington National Bank | 2.200% | 4/1/19 | 725 | 725 |
Huntington National Bank | 2.375% | 3/10/20 | 11,000 | 11,001 |
Huntington National Bank | 2.400% | 4/1/20 | 3,600 | 3,594 |
Huntington National Bank | 2.875% | 8/20/20 | 4,250 | 4,285 |
Huntington National Bank | 2.500% | 8/7/22 | 10,000 | 9,862 |
ING Groep NV | 3.150% | 3/29/22 | 6,250 | 6,306 |
ING Groep NV | 3.950% | 3/29/27 | 10,500 | 10,942 |
Intesa Sanpaolo SPA | 3.875% | 1/15/19 | 14,120 | 14,334 |
Intesa Sanpaolo SPA | 5.250% | 1/12/24 | 10,475 | 11,425 |
JPMorgan Chase & Co. | 2.350% | 1/28/19 | 13,039 | 13,069 |
JPMorgan Chase & Co. | 1.850% | 3/22/19 | 7,245 | 7,217 |
JPMorgan Chase & Co. | 6.300% | 4/23/19 | 15,110 | 15,908 |
JPMorgan Chase & Co. | 2.200% | 10/22/19 | 2,300 | 2,297 |
JPMorgan Chase & Co. | 2.250% | 1/23/20 | 43,515 | 43,481 |
JPMorgan Chase & Co. | 4.950% | 3/25/20 | 1,040 | 1,099 |
JPMorgan Chase & Co. | 2.750% | 6/23/20 | 28,845 | 29,093 |
JPMorgan Chase & Co. | 4.400% | 7/22/20 | 8,795 | 9,239 |
JPMorgan Chase & Co. | 4.250% | 10/15/20 | 16,350 | 17,142 |
JPMorgan Chase & Co. | 2.550% | 10/29/20 | 5,750 | 5,767 |
53
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
JPMorgan Chase & Co. | 2.550% | 3/1/21 | 18,290 | 18,310 |
JPMorgan Chase & Co. | 4.625% | 5/10/21 | 1,140 | 1,214 |
JPMorgan Chase & Co. | 2.400% | 6/7/21 | 6,500 | 6,466 |
JPMorgan Chase & Co. | 2.295% | 8/15/21 | 47,175 | 46,758 |
JPMorgan Chase & Co. | 4.350% | 8/15/21 | 15,765 | 16,693 |
JPMorgan Chase & Co. | 4.500% | 1/24/22 | 24,700 | 26,366 |
JPMorgan Chase & Co. | 3.250% | 9/23/22 | 24,350 | 24,839 |
JPMorgan Chase & Co. | 2.972% | 1/15/23 | 40,700 | 40,869 |
JPMorgan Chase & Co. | 3.200% | 1/25/23 | 17,325 | 17,615 |
5 JPMorgan Chase & Co. | 2.776% | 4/25/23 | 15,000 | 14,911 |
JPMorgan Chase & Co. | 3.375% | 5/1/23 | 9,300 | 9,455 |
JPMorgan Chase & Co. | 2.700% | 5/18/23 | 14,175 | 14,082 |
JPMorgan Chase & Co. | 3.875% | 2/1/24 | 27,475 | 28,763 |
JPMorgan Chase & Co. | 3.625% | 5/13/24 | 9,575 | 9,922 |
JPMorgan Chase & Co. | 3.875% | 9/10/24 | 30,875 | 32,054 |
JPMorgan Chase & Co. | 3.125% | 1/23/25 | 18,895 | 18,967 |
5 JPMorgan Chase & Co. | 3.220% | 3/1/25 | 25,750 | 25,829 |
JPMorgan Chase & Co. | 3.900% | 7/15/25 | 23,500 | 24,538 |
JPMorgan Chase & Co. | 3.300% | 4/1/26 | 54,950 | 55,168 |
JPMorgan Chase & Co. | 3.200% | 6/15/26 | 17,100 | 17,019 |
JPMorgan Chase & Co. | 2.950% | 10/1/26 | 28,075 | 27,568 |
JPMorgan Chase & Co. | 4.125% | 12/15/26 | 35,600 | 37,536 |
JPMorgan Chase & Co. | 4.250% | 10/1/27 | 10,000 | 10,602 |
JPMorgan Chase & Co. | 3.625% | 12/1/27 | 10,000 | 10,108 |
5 JPMorgan Chase & Co. | 3.782% | 2/1/28 | 24,125 | 24,964 |
5 JPMorgan Chase & Co. | 3.540% | 5/1/28 | 44,525 | 45,145 |
JPMorgan Chase & Co. | 6.400% | 5/15/38 | 14,865 | 20,374 |
5 JPMorgan Chase & Co. | 3.882% | 7/24/38 | 19,100 | 19,539 |
JPMorgan Chase & Co. | 5.500% | 10/15/40 | 17,519 | 22,046 |
JPMorgan Chase & Co. | 5.600% | 7/15/41 | 8,357 | 10,706 |
JPMorgan Chase & Co. | 5.400% | 1/6/42 | 3,125 | 3,922 |
JPMorgan Chase & Co. | 5.625% | 8/16/43 | 8,560 | 10,625 |
JPMorgan Chase & Co. | 4.950% | 6/1/45 | 6,650 | 7,641 |
5 JPMorgan Chase & Co. | 4.260% | 2/22/48 | 15,650 | 16,781 |
5 JPMorgan Chase & Co. | 4.032% | 7/24/48 | 16,950 | 17,536 |
5 JPMorgan Chase & Co. | 3.964% | 11/15/48 | 14,450 | 14,909 |
JPMorgan Chase Bank NA | 1.650% | 9/23/19 | 9,000 | 8,925 |
KeyBank NA | 2.350% | 3/8/19 | 8,650 | 8,664 |
KeyBank NA | 2.500% | 12/15/19 | 2,000 | 2,004 |
KeyBank NA | 2.250% | 3/16/20 | 2,000 | 1,994 |
KeyBank NA | 2.500% | 11/22/21 | 11,000 | 10,942 |
KeyBank NA | 2.400% | 6/9/22 | 1,550 | 1,529 |
KeyBank NA | 2.300% | 9/14/22 | 9,550 | 9,353 |
KeyBank NA | 3.300% | 6/1/25 | 1,125 | 1,142 |
KeyBank NA | 3.400% | 5/20/26 | 2,000 | 1,994 |
KeyBank NA | 6.950% | 2/1/28 | 500 | 623 |
KeyCorp | 5.100% | 3/24/21 | 8,490 | 9,153 |
Lloyds Bank plc | 2.300% | 11/27/18 | 13,850 | 13,877 |
Lloyds Bank plc | 2.050% | 1/22/19 | 525 | 524 |
Lloyds Bank plc | 6.375% | 1/21/21 | 5,500 | 6,099 |
Lloyds Banking Group plc | 3.000% | 1/11/22 | 10,000 | 10,028 |
5 Lloyds Banking Group plc | 2.907% | 11/7/23 | 15,000 | 14,854 |
Lloyds Banking Group plc | 4.500% | 11/4/24 | 8,300 | 8,700 |
Lloyds Banking Group plc | 4.582% | 12/10/25 | 29,846 | 31,172 |
54
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Lloyds Banking Group plc | 4.650% | 3/24/26 | 3,750 | 3,945 |
Lloyds Banking Group plc | 3.750% | 1/11/27 | 9,500 | 9,628 |
5 Lloyds Banking Group plc | 3.574% | 11/7/28 | 16,000 | 15,855 |
Lloyds Banking Group plc | 5.300% | 12/1/45 | 1,100 | 1,293 |
Manufacturers & Traders Trust Co. | 2.300% | 1/30/19 | 11,000 | 11,011 |
Manufacturers & Traders Trust Co. | 2.250% | 7/25/19 | 11,000 | 10,999 |
Manufacturers & Traders Trust Co. | 2.100% | 2/6/20 | 3,200 | 3,186 |
Manufacturers & Traders Trust Co. | 2.050% | 8/17/20 | 250 | 248 |
Manufacturers & Traders Trust Co. | 2.900% | 2/6/25 | 7,195 | 7,147 |
Mitsubishi UFJ Financial Group Inc. | 2.950% | 3/1/21 | 21,300 | 21,489 |
Mitsubishi UFJ Financial Group Inc. | 2.190% | 9/13/21 | 17,000 | 16,665 |
Mitsubishi UFJ Financial Group Inc. | 2.998% | 2/22/22 | 13,000 | 13,082 |
Mitsubishi UFJ Financial Group Inc. | 2.665% | 7/25/22 | 20,000 | 19,754 |
Mitsubishi UFJ Financial Group Inc. | 2.527% | 9/13/23 | 1,700 | 1,652 |
Mitsubishi UFJ Financial Group Inc. | 3.850% | 3/1/26 | 16,550 | 17,119 |
Mitsubishi UFJ Financial Group Inc. | 2.757% | 9/13/26 | 4,500 | 4,295 |
Mitsubishi UFJ Financial Group Inc. | 3.677% | 2/22/27 | 30,900 | 31,629 |
Mitsubishi UFJ Financial Group Inc. | 3.287% | 7/25/27 | 25,000 | 24,681 |
Morgan Stanley | 2.500% | 1/24/19 | 28,575 | 28,690 |
Morgan Stanley | 7.300% | 5/13/19 | 26,585 | 28,343 |
Morgan Stanley | 2.375% | 7/23/19 | 30,700 | 30,710 |
Morgan Stanley | 5.625% | 9/23/19 | 11,455 | 12,075 |
Morgan Stanley | 5.500% | 1/26/20 | 15,250 | 16,158 |
Morgan Stanley | 2.650% | 1/27/20 | 18,624 | 18,699 |
Morgan Stanley | 2.800% | 6/16/20 | 12,450 | 12,544 |
Morgan Stanley | 5.500% | 7/24/20 | 4,385 | 4,699 |
Morgan Stanley | 5.750% | 1/25/21 | 12,940 | 14,091 |
Morgan Stanley | 2.500% | 4/21/21 | 15,800 | 15,754 |
Morgan Stanley | 5.500% | 7/28/21 | 3,850 | 4,210 |
Morgan Stanley | 2.625% | 11/17/21 | 30,310 | 30,136 |
Morgan Stanley | 2.750% | 5/19/22 | 35,000 | 34,796 |
Morgan Stanley | 4.875% | 11/1/22 | 15,750 | 16,934 |
Morgan Stanley | 3.750% | 2/25/23 | 41,150 | 42,666 |
Morgan Stanley | 4.100% | 5/22/23 | 20,325 | 21,118 |
Morgan Stanley | 3.875% | 4/29/24 | 19,590 | 20,438 |
Morgan Stanley | 3.700% | 10/23/24 | 30,352 | 31,283 |
Morgan Stanley | 4.000% | 7/23/25 | 42,350 | 44,189 |
Morgan Stanley | 5.000% | 11/24/25 | 14,600 | 15,957 |
Morgan Stanley | 3.875% | 1/27/26 | 27,375 | 28,472 |
Morgan Stanley | 3.125% | 7/27/26 | 37,450 | 36,952 |
Morgan Stanley | 6.250% | 8/9/26 | 9,650 | 11,523 |
Morgan Stanley | 4.350% | 9/8/26 | 18,770 | 19,662 |
Morgan Stanley | 3.625% | 1/20/27 | 33,650 | 34,328 |
Morgan Stanley | 3.950% | 4/23/27 | 7,155 | 7,247 |
5 Morgan Stanley | 3.591% | 7/22/28 | 43,950 | 44,256 |
Morgan Stanley | 7.250% | 4/1/32 | 6,925 | 9,530 |
5 Morgan Stanley | 3.971% | 7/22/38 | 2,000 | 2,057 |
Morgan Stanley | 6.375% | 7/24/42 | 26,075 | 36,237 |
Morgan Stanley | 4.300% | 1/27/45 | 27,300 | 29,280 |
Morgan Stanley | 4.375% | 1/22/47 | 8,450 | 9,182 |
MUFG Americas Holdings Corp. | 2.250% | 2/10/20 | 6,600 | 6,575 |
MUFG Americas Holdings Corp. | 3.500% | 6/18/22 | 5,600 | 5,718 |
MUFG Americas Holdings Corp. | 3.000% | 2/10/25 | 4,350 | 4,280 |
MUFG Union Bank NA | 2.250% | 5/6/19 | 2,375 | 2,372 |
55
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
National Australia Bank Ltd. | 2.000% | 1/14/19 | 3,000 | 2,993 |
National Australia Bank Ltd. | 1.375% | 7/12/19 | 5,500 | 5,432 |
National Australia Bank Ltd. | 2.125% | 5/22/20 | 26,000 | 25,806 |
National Australia Bank Ltd. | 2.625% | 7/23/20 | 3,245 | 3,261 |
National Australia Bank Ltd. | 2.625% | 1/14/21 | 4,000 | 4,010 |
National Australia Bank Ltd. | 1.875% | 7/12/21 | 5,500 | 5,364 |
National Australia Bank Ltd. | 2.800% | 1/10/22 | 3,000 | 3,012 |
National Australia Bank Ltd. | 2.500% | 5/22/22 | 16,000 | 15,846 |
National Australia Bank Ltd. | 3.000% | 1/20/23 | 3,450 | 3,473 |
National Australia Bank Ltd. | 3.375% | 1/14/26 | 3,600 | 3,653 |
National Australia Bank Ltd. | 2.500% | 7/12/26 | 12,175 | 11,548 |
National Bank of Canada | 2.150% | 6/12/20 | 10,000 | 9,953 |
National Bank of Canada | 2.200% | 11/2/20 | 17,000 | 16,871 |
National City Corp. | 6.875% | 5/15/19 | 4,215 | 4,471 |
Northern Trust Corp. | 3.450% | 11/4/20 | 2,950 | 3,032 |
Northern Trust Corp. | 2.375% | 8/2/22 | 6,050 | 6,048 |
Northern Trust Corp. | 3.950% | 10/30/25 | 8,750 | 9,254 |
5 Northern Trust Corp. | 3.375% | 5/8/32 | 4,950 | 4,903 |
People’s United Bank NA | 4.000% | 7/15/24 | 3,000 | 3,049 |
People’s United Financial Inc. | 3.650% | 12/6/22 | 5,695 | 5,837 |
PNC Bank NA | 2.200% | 1/28/19 | 6,475 | 6,474 |
PNC Bank NA | 1.950% | 3/4/19 | 2,500 | 2,494 |
PNC Bank NA | 2.250% | 7/2/19 | 8,550 | 8,551 |
PNC Bank NA | 1.450% | 7/29/19 | 4,300 | 4,246 |
PNC Bank NA | 2.400% | 10/18/19 | 6,700 | 6,707 |
PNC Bank NA | 2.000% | 5/19/20 | 13,000 | 12,893 |
PNC Bank NA | 2.300% | 6/1/20 | 5,250 | 5,233 |
PNC Bank NA | 2.600% | 7/21/20 | 2,000 | 2,012 |
PNC Bank NA | 2.450% | 11/5/20 | 6,550 | 6,555 |
PNC Bank NA | 2.150% | 4/29/21 | 15,000 | 14,847 |
PNC Bank NA | 2.550% | 12/9/21 | 16,650 | 16,631 |
PNC Bank NA | 2.625% | 2/17/22 | 20,000 | 20,010 |
PNC Bank NA | 2.700% | 11/1/22 | 16,788 | 16,703 |
PNC Bank NA | 2.950% | 1/30/23 | 4,500 | 4,502 |
PNC Bank NA | 3.300% | 10/30/24 | 3,850 | 3,931 |
PNC Bank NA | 2.950% | 2/23/25 | 6,750 | 6,705 |
PNC Bank NA | 3.250% | 6/1/25 | 4,550 | 4,620 |
PNC Bank NA | 4.200% | 11/1/25 | 4,400 | 4,717 |
PNC Financial Services Group Inc. | 2.854% | 11/9/22 | 4,975 | 4,982 |
PNC Financial Services Group Inc. | 3.900% | 4/29/24 | 15,525 | 16,248 |
PNC Financial Services Group Inc. | 3.150% | 5/19/27 | 28,950 | 28,892 |
PNC Funding Corp. | 6.700% | 6/10/19 | 6,475 | 6,872 |
PNC Funding Corp. | 5.125% | 2/8/20 | 5,700 | 6,017 |
PNC Funding Corp. | 4.375% | 8/11/20 | 7,575 | 7,947 |
PNC Funding Corp. | 3.300% | 3/8/22 | 3,090 | 3,167 |
Regions Bank | 6.450% | 6/26/37 | 1,079 | 1,369 |
Regions Financial Corp. | 3.200% | 2/8/21 | 1,750 | 1,781 |
Regions Financial Corp. | 2.750% | 8/14/22 | 3,000 | 2,980 |
Regions Financial Corp. | 7.375% | 12/10/37 | 7,000 | 9,774 |
Royal Bank of Canada | 1.625% | 4/15/19 | 7,250 | 7,203 |
Royal Bank of Canada | 1.500% | 7/29/19 | 7,575 | 7,493 |
Royal Bank of Canada | 2.125% | 3/2/20 | 22,000 | 21,910 |
Royal Bank of Canada | 2.150% | 10/26/20 | 8,250 | 8,188 |
Royal Bank of Canada | 2.350% | 10/30/20 | 15,500 | 15,488 |
56
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Royal Bank of Canada | 2.500% | 1/19/21 | 5,000 | 5,008 | |
Royal Bank of Canada | 2.750% | 2/1/22 | 13,000 | 13,123 | |
Royal Bank of Canada | 4.650% | 1/27/26 | 6,250 | 6,736 | |
5 | Royal Bank of Scotland Group plc | 3.498% | 5/15/23 | 10,000 | 10,014 |
Royal Bank of Scotland Group plc | 3.875% | 9/12/23 | 24,200 | 24,595 | |
Royal Bank of Scotland Group plc | 4.800% | 4/5/26 | 1,400 | 1,503 | |
Santander Holdings USA Inc. | 2.700% | 5/24/19 | 13,840 | 13,860 | |
Santander Holdings USA Inc. | 2.650% | 4/17/20 | 950 | 948 | |
10 | Santander Holdings USA Inc. | 3.700% | 3/28/22 | 21,375 | 21,621 |
10 | Santander Holdings USA Inc. | 3.400% | 1/18/23 | 11,400 | 11,355 |
Santander Holdings USA Inc. | 4.500% | 7/17/25 | 9,425 | 9,807 | |
10 | Santander Holdings USA Inc. | 4.400% | 7/13/27 | 5,900 | 6,032 |
Santander Issuances SAU | 5.179% | 11/19/25 | 14,700 | 15,825 | |
Santander UK Group Holdings plc | 2.875% | 10/16/20 | 9,465 | 9,502 | |
Santander UK Group Holdings plc | 3.125% | 1/8/21 | 8,300 | 8,383 | |
Santander UK Group Holdings plc | 2.875% | 8/5/21 | 7,575 | 7,567 | |
Santander UK Group Holdings plc | 3.571% | 1/10/23 | 7,000 | 7,089 | |
5 | Santander UK Group Holdings plc | 3.823% | 11/3/28 | 10,250 | 10,248 |
Santander UK plc | 2.500% | 3/14/19 | 30,875 | 30,961 | |
Santander UK plc | 2.350% | 9/10/19 | 6,200 | 6,202 | |
Santander UK plc | 2.375% | 3/16/20 | 4,810 | 4,811 | |
Santander UK plc | 2.125% | 11/3/20 | 15,000 | 14,851 | |
Santander UK plc | 4.000% | 3/13/24 | 9,350 | 9,834 | |
Skandinaviska Enskilda Banken AB | 2.300% | 3/11/20 | 5,750 | 5,737 | |
Skandinaviska Enskilda Banken AB | 2.625% | 3/15/21 | 8,500 | 8,534 | |
Skandinaviska Enskilda Banken AB | 1.875% | 9/13/21 | 21,050 | 20,526 | |
Skandinaviska Enskilda Banken AB | 2.800% | 3/11/22 | 5,500 | 5,549 | |
State Street Corp. | 2.550% | 8/18/20 | 300 | 302 | |
State Street Corp. | 4.375% | 3/7/21 | 1,385 | 1,466 | |
State Street Corp. | 1.950% | 5/19/21 | 4,575 | 4,510 | |
5 | State Street Corp. | 2.653% | 5/15/23 | 12,000 | 11,981 |
State Street Corp. | 3.100% | 5/15/23 | 11,125 | 11,222 | |
State Street Corp. | 3.700% | 11/20/23 | 500 | 526 | |
State Street Corp. | 3.300% | 12/16/24 | 2,500 | 2,578 | |
State Street Corp. | 3.550% | 8/18/25 | 11,086 | 11,465 | |
State Street Corp. | 2.650% | 5/19/26 | 4,550 | 4,421 | |
Sumitomo Mitsui Banking Corp. | 2.450% | 1/10/19 | 4,025 | 4,034 | |
Sumitomo Mitsui Banking Corp. | 1.966% | 1/11/19 | 16,750 | 16,712 | |
Sumitomo Mitsui Banking Corp. | 2.250% | 7/11/19 | 5,500 | 5,494 | |
Sumitomo Mitsui Banking Corp. | 2.092% | 10/18/19 | 12,000 | 11,943 | |
Sumitomo Mitsui Banking Corp. | 2.450% | 1/16/20 | 840 | 840 | |
Sumitomo Mitsui Banking Corp. | 2.450% | 10/20/20 | 2,500 | 2,491 | |
Sumitomo Mitsui Banking Corp. | 3.200% | 7/18/22 | 1,775 | 1,793 | |
Sumitomo Mitsui Banking Corp. | 3.000% | 1/18/23 | 550 | 550 | |
Sumitomo Mitsui Banking Corp. | 3.950% | 7/19/23 | 5,350 | 5,595 | |
Sumitomo Mitsui Banking Corp. | 3.950% | 1/10/24 | 6,125 | 6,449 | |
Sumitomo Mitsui Banking Corp. | 3.400% | 7/11/24 | 2,650 | 2,715 | |
Sumitomo Mitsui Banking Corp. | 3.650% | 7/23/25 | 2,500 | 2,583 | |
Sumitomo Mitsui Financial Group Inc. | 2.934% | 3/9/21 | 9,470 | 9,544 | |
Sumitomo Mitsui Financial Group Inc. | 2.058% | 7/14/21 | 6,850 | 6,688 | |
Sumitomo Mitsui Financial Group Inc. | 2.442% | 10/19/21 | 9,000 | 8,889 | |
Sumitomo Mitsui Financial Group Inc. | 2.846% | 1/11/22 | 10,000 | 10,004 | |
Sumitomo Mitsui Financial Group Inc. | 2.784% | 7/12/22 | 18,000 | 17,871 | |
Sumitomo Mitsui Financial Group Inc. | 2.778% | 10/18/22 | 8,000 | 7,941 |
57
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Sumitomo Mitsui Financial Group Inc. | 3.784% | 3/9/26 | 9,500 | 9,790 | |
Sumitomo Mitsui Financial Group Inc. | 2.632% | 7/14/26 | 28,900 | 27,341 | |
Sumitomo Mitsui Financial Group Inc. | 3.010% | 10/19/26 | 2,425 | 2,355 | |
Sumitomo Mitsui Financial Group Inc. | 3.446% | 1/11/27 | 2,000 | 2,011 | |
Sumitomo Mitsui Financial Group Inc. | 3.364% | 7/12/27 | 15,650 | 15,586 | |
SunTrust Bank | 2.250% | 1/31/20 | 15,300 | 15,259 | |
SunTrust Bank | 2.750% | 5/1/23 | 2,150 | 2,130 | |
SunTrust Bank | 3.300% | 5/15/26 | 3,000 | 2,964 | |
SunTrust Banks Inc. | 2.500% | 5/1/19 | 2,700 | 2,710 | |
SunTrust Banks Inc. | 2.900% | 3/3/21 | 2,725 | 2,741 | |
SunTrust Banks Inc. | 2.700% | 1/27/22 | 10,025 | 9,997 | |
SVB Financial Group | 3.500% | 1/29/25 | 2,100 | 2,107 | |
Svenska Handelsbanken AB | 2.500% | 1/25/19 | 6,250 | 6,275 | |
Svenska Handelsbanken AB | 2.250% | 6/17/19 | 7,300 | 7,310 | |
Svenska Handelsbanken AB | 1.500% | 9/6/19 | 15,000 | 14,815 | |
Svenska Handelsbanken AB | 2.400% | 10/1/20 | 6,350 | 6,350 | |
Svenska Handelsbanken AB | 2.450% | 3/30/21 | 5,750 | 5,744 | |
Svenska Handelsbanken AB | 1.875% | 9/7/21 | 4,775 | 4,663 | |
Synchrony Bank | 3.000% | 6/15/22 | 1,625 | 1,615 | |
Synchrony Financial | 2.600% | 1/15/19 | 5,725 | 5,735 | |
Synchrony Financial | 3.000% | 8/15/19 | 5,050 | 5,087 | |
Synchrony Financial | 2.700% | 2/3/20 | 3,025 | 3,032 | |
Synchrony Financial | 3.750% | 8/15/21 | 3,500 | 3,584 | |
Synchrony Financial | 4.250% | 8/15/24 | 21,550 | 22,298 | |
Synchrony Financial | 4.500% | 7/23/25 | 15,525 | 16,229 | |
Synchrony Financial | 3.700% | 8/4/26 | 7,900 | 7,772 | |
Synchrony Financial | 3.950% | 12/1/27 | 12,215 | 12,161 | |
Synovus Financial Corp. | 3.125% | 11/1/22 | 1,400 | 1,390 | |
Toronto-Dominion Bank | 2.125% | 7/2/19 | 4,600 | 4,606 | |
Toronto-Dominion Bank | 1.450% | 8/13/19 | 6,000 | 5,934 | |
Toronto-Dominion Bank | 2.250% | 11/5/19 | 13,000 | 13,015 | |
Toronto-Dominion Bank | 2.500% | 12/14/20 | 14,500 | 14,546 | |
Toronto-Dominion Bank | 2.125% | 4/7/21 | 17,925 | 17,752 | |
Toronto-Dominion Bank | 1.800% | 7/13/21 | 6,000 | 5,860 | |
5 | Toronto-Dominion Bank | 3.625% | 9/15/31 | 6,000 | 5,991 |
UBS AG | 2.375% | 8/14/19 | 15,162 | 15,169 | |
UBS AG | 2.350% | 3/26/20 | 1,925 | 1,925 | |
UBS AG | 4.875% | 8/4/20 | 875 | 927 | |
10 | UBS AG | 2.450% | 12/1/20 | 20,000 | 19,928 |
US Bancorp | 2.200% | 4/25/19 | 8,395 | 8,409 | |
US Bancorp | 2.350% | 1/29/21 | 3,675 | 3,668 | |
US Bancorp | 4.125% | 5/24/21 | 2,515 | 2,648 | |
US Bancorp | 2.625% | 1/24/22 | 10,050 | 10,108 | |
US Bancorp | 3.000% | 3/15/22 | 4,225 | 4,308 | |
US Bancorp | 2.950% | 7/15/22 | 11,275 | 11,398 | |
US Bancorp | 3.700% | 1/30/24 | 11,050 | 11,605 | |
US Bancorp | 3.100% | 4/27/26 | 3,950 | 3,906 | |
US Bancorp | 2.375% | 7/22/26 | 10,550 | 9,907 | |
US Bancorp | 3.150% | 4/27/27 | 9,850 | 9,862 | |
US Bank NA | 1.400% | 4/26/19 | 12,000 | 11,893 | |
US Bank NA | 2.125% | 10/28/19 | 10,800 | 10,794 | |
US Bank NA | 2.000% | 1/24/20 | 9,925 | 9,881 | |
US Bank NA | 2.050% | 10/23/20 | 7,825 | 7,762 | |
US Bank NA | 2.800% | 1/27/25 | 13,100 | 12,997 |
58
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Wachovia Bank NA | 5.850% | 2/1/37 | 11,025 | 14,063 |
Wachovia Corp. | 6.605% | 10/1/25 | 1,150 | 1,367 |
Wachovia Corp. | 7.500% | 4/15/35 | 500 | 676 |
Wachovia Corp. | 5.500% | 8/1/35 | 1,875 | 2,245 |
Wachovia Corp. | 6.550% | 10/15/35 | 250 | 317 |
Wells Fargo & Co. | 2.150% | 1/15/19 | 9,250 | 9,256 |
Wells Fargo & Co. | 2.150% | 1/30/20 | 9,625 | 9,604 |
Wells Fargo & Co. | 2.600% | 7/22/20 | 29,075 | 29,212 |
Wells Fargo & Co. | 2.550% | 12/7/20 | 10,375 | 10,413 |
Wells Fargo & Co. | 3.000% | 1/22/21 | 11,060 | 11,204 |
Wells Fargo & Co. | 2.500% | 3/4/21 | 23,200 | 23,191 |
Wells Fargo & Co. | 4.600% | 4/1/21 | 15,140 | 16,094 |
Wells Fargo & Co. | 2.100% | 7/26/21 | 47,000 | 46,170 |
Wells Fargo & Co. | 3.500% | 3/8/22 | 21,675 | 22,354 |
Wells Fargo & Co. | 2.625% | 7/22/22 | 35,450 | 35,243 |
Wells Fargo & Co. | 3.069% | 1/24/23 | 25,350 | 25,530 |
Wells Fargo & Co. | 3.450% | 2/13/23 | 15,525 | 15,822 |
Wells Fargo & Co. | 4.125% | 8/15/23 | 24,725 | 25,980 |
Wells Fargo & Co. | 4.480% | 1/16/24 | 10,000 | 10,746 |
Wells Fargo & Co. | 3.300% | 9/9/24 | 16,735 | 16,971 |
Wells Fargo & Co. | 3.000% | 2/19/25 | 10,250 | 10,143 |
Wells Fargo & Co. | 3.550% | 9/29/25 | 18,300 | 18,742 |
Wells Fargo & Co. | 3.000% | 4/22/26 | 13,325 | 13,080 |
Wells Fargo & Co. | 4.100% | 6/3/26 | 26,950 | 28,291 |
Wells Fargo & Co. | 3.000% | 10/23/26 | 23,298 | 22,707 |
Wells Fargo & Co. | 4.300% | 7/22/27 | 17,400 | 18,515 |
5 Wells Fargo & Co. | 3.584% | 5/22/28 | 22,700 | 23,134 |
Wells Fargo & Co. | 5.375% | 2/7/35 | 4,150 | 5,027 |
Wells Fargo & Co. | 5.375% | 11/2/43 | 24,029 | 28,600 |
Wells Fargo & Co. | 5.606% | 1/15/44 | 10,100 | 12,454 |
Wells Fargo & Co. | 4.650% | 11/4/44 | 24,520 | 26,721 |
Wells Fargo & Co. | 3.900% | 5/1/45 | 21,055 | 21,718 |
Wells Fargo & Co. | 4.900% | 11/17/45 | 11,025 | 12,471 |
Wells Fargo & Co. | 4.400% | 6/14/46 | 9,325 | 9,865 |
Wells Fargo & Co. | 4.750% | 12/7/46 | 20,250 | 22,522 |
Wells Fargo Bank NA | 1.750% | 5/24/19 | 10,950 | 10,887 |
Wells Fargo Bank NA | 2.150% | 12/6/19 | 30,000 | 29,936 |
Wells Fargo Bank NA | 5.950% | 8/26/36 | 2,700 | 3,451 |
Wells Fargo Bank NA | 6.600% | 1/15/38 | 10,545 | 14,705 |
5 Wells Fargo Capital X | 5.950% | 12/1/86 | 3,500 | 3,994 |
Westpac Banking Corp. | 2.250% | 1/17/19 | 14,300 | 14,321 |
Westpac Banking Corp. | 1.650% | 5/13/19 | 6,000 | 5,956 |
Westpac Banking Corp. | 1.600% | 8/19/19 | 6,350 | 6,280 |
Westpac Banking Corp. | 4.875% | 11/19/19 | 9,420 | 9,857 |
Westpac Banking Corp. | 2.150% | 3/6/20 | 19,475 | 19,381 |
Westpac Banking Corp. | 2.600% | 11/23/20 | 16,000 | 16,062 |
Westpac Banking Corp. | 2.100% | 5/13/21 | 25,000 | 24,659 |
Westpac Banking Corp. | 2.000% | 8/19/21 | 9,050 | 8,883 |
Westpac Banking Corp. | 2.800% | 1/11/22 | 9,000 | 9,056 |
Westpac Banking Corp. | 2.500% | 6/28/22 | 28,000 | 27,794 |
Westpac Banking Corp. | 2.750% | 1/11/23 | 8,000 | 7,972 |
Westpac Banking Corp. | 2.850% | 5/13/26 | 32,475 | 31,636 |
Westpac Banking Corp. | 2.700% | 8/19/26 | 6,550 | 6,293 |
Westpac Banking Corp. | 3.350% | 3/8/27 | 12,000 | 12,099 |
5 Westpac Banking Corp. | 4.322% | 11/23/31 | 21,260 | 21,835 |
59
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Brokerage (0.2%) | |||||
Affiliated Managers Group Inc. | 4.250% | 2/15/24 | 2,800 | 2,960 | |
Affiliated Managers Group Inc. | 3.500% | 8/1/25 | 4,600 | 4,626 | |
Ameriprise Financial Inc. | 4.000% | 10/15/23 | 2,950 | 3,122 | |
Ameriprise Financial Inc. | 3.700% | 10/15/24 | 4,500 | 4,677 | |
Ameriprise Financial Inc. | 2.875% | 9/15/26 | 4,825 | 4,691 | |
Apollo Investment Corp. | 5.250% | 3/3/25 | 600 | 613 | |
BGC Partners Inc. | 5.375% | 12/9/19 | 500 | 522 | |
BGC Partners Inc. | 5.125% | 5/27/21 | 1,200 | 1,261 | |
BlackRock Inc. | 4.250% | 5/24/21 | 5,750 | 6,068 | |
BlackRock Inc. | 3.375% | 6/1/22 | 15,544 | 16,040 | |
BlackRock Inc. | 3.500% | 3/18/24 | 7,650 | 7,942 | |
BlackRock Inc. | 3.200% | 3/15/27 | 6,000 | 6,050 | |
Brookfield Asset Management Inc. | 4.000% | 1/15/25 | 4,725 | 4,822 | |
Brookfield Finance Inc. | 4.250% | 6/2/26 | 1,015 | 1,047 | |
Brookfield Finance LLC | 4.000% | 4/1/24 | 5,325 | 5,481 | |
Cboe Global Markets Inc. | 3.650% | 1/12/27 | 4,910 | 5,057 | |
Charles Schwab Corp. | 4.450% | 7/22/20 | 775 | 817 | |
Charles Schwab Corp. | 3.225% | 9/1/22 | 4,464 | 4,532 | |
Charles Schwab Corp. | 2.650% | 1/25/23 | 7,275 | 7,250 | |
Charles Schwab Corp. | 3.450% | 2/13/26 | 4,225 | 4,329 | |
Charles Schwab Corp. | 3.200% | 3/2/27 | 3,500 | 3,518 | |
Charles Schwab Corp. | 3.200% | 1/25/28 | 5,350 | 5,338 | |
CME Group Inc. | 3.000% | 9/15/22 | 19,855 | 20,202 | |
CME Group Inc. | 3.000% | 3/15/25 | 750 | 761 | |
CME Group Inc. | 5.300% | 9/15/43 | 5,985 | 7,666 | |
E*TRADE Financial Corp. | 2.950% | 8/24/22 | 4,362 | 4,326 | |
E*TRADE Financial Corp. | 3.800% | 8/24/27 | 5,075 | 5,053 | |
Eaton Vance Corp. | 3.625% | 6/15/23 | 1,875 | 1,934 | |
Eaton Vance Corp. | 3.500% | 4/6/27 | 2,600 | 2,647 | |
10 | FMR LLC | 7.490% | 6/15/19 | 200 | 214 |
Franklin Resources Inc. | 2.800% | 9/15/22 | 6,800 | 6,822 | |
Franklin Resources Inc. | 2.850% | 3/30/25 | 3,000 | 2,972 | |
Intercontinental Exchange Inc. | 2.750% | 12/1/20 | 4,875 | 4,922 | |
Intercontinental Exchange Inc. | 2.350% | 9/15/22 | 5,375 | 5,325 | |
Intercontinental Exchange Inc. | 4.000% | 10/15/23 | 9,975 | 10,570 | |
Intercontinental Exchange Inc. | 3.750% | 12/1/25 | 7,140 | 7,492 | |
Intercontinental Exchange Inc. | 3.100% | 9/15/27 | 5,000 | 4,998 | |
Invesco Finance plc | 3.125% | 11/30/22 | 16,300 | 16,389 | |
Invesco Finance plc | 4.000% | 1/30/24 | 4,550 | 4,790 | |
Invesco Finance plc | 3.750% | 1/15/26 | 10 | 10 | |
Invesco Finance plc | 5.375% | 11/30/43 | 6,425 | 7,921 | |
Janus Capital Group Inc. | 4.875% | 8/1/25 | 2,400 | 2,572 | |
Jefferies Group LLC | 8.500% | 7/15/19 | 3,000 | 3,253 | |
Jefferies Group LLC | 6.875% | 4/15/21 | 5,345 | 5,975 | |
Jefferies Group LLC | 5.125% | 1/20/23 | 2,775 | 2,996 | |
Jefferies Group LLC | 4.850% | 1/15/27 | 10,625 | 11,251 | |
Jefferies Group LLC | 6.450% | 6/8/27 | 1,235 | 1,434 | |
Jefferies Group LLC | 6.250% | 1/15/36 | 2,105 | 2,392 | |
Jefferies Group LLC | 6.500% | 1/20/43 | 2,850 | 3,323 | |
Lazard Group LLC | 4.250% | 11/14/20 | 425 | 443 | |
Lazard Group LLC | 3.750% | 2/13/25 | 100 | 102 | |
Lazard Group LLC | 3.625% | 3/1/27 | 5,000 | 4,973 | |
Legg Mason Inc. | 3.950% | 7/15/24 | 400 | 409 |
60
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Legg Mason Inc. | 4.750% | 3/15/26 | 1,500 | 1,607 |
Legg Mason Inc. | 5.625% | 1/15/44 | 4,875 | 5,442 |
Leucadia National Corp. | 5.500% | 10/18/23 | 7,200 | 7,713 |
Nasdaq Inc. | 5.550% | 1/15/20 | 4,400 | 4,655 |
Nasdaq Inc. | 4.250% | 6/1/24 | 1,375 | 1,451 |
Nasdaq Inc. | 3.850% | 6/30/26 | 3,200 | 3,281 |
Nomura Holdings Inc. | 2.750% | 3/19/19 | 19,425 | 19,514 |
Raymond James Financial Inc. | 3.625% | 9/15/26 | 3,066 | 3,077 |
Raymond James Financial Inc. | 4.950% | 7/15/46 | 7,325 | 8,293 |
Stifel Financial Corp. | 3.500% | 12/1/20 | 1,500 | 1,520 |
Stifel Financial Corp. | 4.250% | 7/18/24 | 5,275 | 5,419 |
TD Ameritrade Holding Corp. | 2.950% | 4/1/22 | 16,300 | 16,455 |
TD Ameritrade Holding Corp. | 3.625% | 4/1/25 | 1,600 | 1,657 |
TD Ameritrade Holding Corp. | 3.300% | 4/1/27 | 5,725 | 5,755 |
Finance Companies (0.3%) | ||||
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 3.750% | 5/15/19 | 7,382 | 7,502 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 4.250% | 7/1/20 | 9,780 | 10,147 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 4.625% | 10/30/20 | 6,137 | 6,436 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 4.500% | 5/15/21 | 6,685 | 7,019 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 5.000% | 10/1/21 | 8,695 | 9,271 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 3.950% | 2/1/22 | 8,400 | 8,662 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 3.500% | 5/26/22 | 2,000 | 2,025 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 4.625% | 7/1/22 | 6,950 | 7,367 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 3.500% | 1/15/25 | 2,050 | 2,032 |
AerCap Ireland Capital DAC / AerCap Global | ||||
Aviation Trust | 3.650% | 7/21/27 | 8,300 | 8,217 |
Air Lease Corp. | 3.375% | 1/15/19 | 5,700 | 5,752 |
Air Lease Corp. | 4.750% | 3/1/20 | 4,000 | 4,181 |
Air Lease Corp. | 3.875% | 4/1/21 | 9,743 | 10,091 |
Air Lease Corp. | 3.375% | 6/1/21 | 1,625 | 1,659 |
Air Lease Corp. | 3.750% | 2/1/22 | 5,625 | 5,809 |
Air Lease Corp. | 2.625% | 7/1/22 | 5,000 | 4,925 |
Air Lease Corp. | 2.750% | 1/15/23 | 4,000 | 3,935 |
Air Lease Corp. | 3.000% | 9/15/23 | 5,900 | 5,840 |
Air Lease Corp. | 4.250% | 9/15/24 | 600 | 628 |
Air Lease Corp. | 3.625% | 4/1/27 | 3,325 | 3,320 |
Air Lease Corp. | 3.625% | 12/1/27 | 4,000 | 3,993 |
Ares Capital Corp. | 3.500% | 2/10/23 | 11,500 | 11,319 |
FS Investment Corp. | 4.000% | 7/15/19 | 2,225 | 2,239 |
FS Investment Corp. | 4.250% | 1/15/20 | 1,000 | 1,016 |
FS Investment Corp. | 4.750% | 5/15/22 | 2,200 | 2,261 |
GATX Corp. | 2.500% | 7/30/19 | 300 | 300 |
GATX Corp. | 2.600% | 3/30/20 | 2,250 | 2,248 |
GATX Corp. | 3.250% | 3/30/25 | 2,175 | 2,149 |
61
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
GATX Corp. | 3.250% | 9/15/26 | 2,800 | 2,732 |
GATX Corp. | 3.850% | 3/30/27 | 4,000 | 4,064 |
GATX Corp. | 3.500% | 3/15/28 | 6,000 | 5,922 |
GATX Corp. | 5.200% | 3/15/44 | 325 | 373 |
GATX Corp. | 4.500% | 3/30/45 | 2,175 | 2,257 |
GE Capital International Funding Co. | ||||
Unlimited Co. | 2.342% | 11/15/20 | 64,564 | 64,302 |
GE Capital International Funding Co. | ||||
Unlimited Co. | 3.373% | 11/15/25 | 19,043 | 19,344 |
GE Capital International Funding Co. | ||||
Unlimited Co. | 4.418% | 11/15/35 | 89,310 | 96,621 |
HSBC Finance Corp. | 6.676% | 1/15/21 | 8,322 | 9,252 |
International Lease Finance Corp. | 5.875% | 4/1/19 | 4,487 | 4,674 |
International Lease Finance Corp. | 6.250% | 5/15/19 | 5,648 | 5,909 |
International Lease Finance Corp. | 8.250% | 12/15/20 | 9,677 | 11,104 |
International Lease Finance Corp. | 4.625% | 4/15/21 | 3,310 | 3,459 |
International Lease Finance Corp. | 8.625% | 1/15/22 | 4,245 | 5,115 |
International Lease Finance Corp. | 5.875% | 8/15/22 | 8,212 | 9,085 |
Prospect Capital Corp. | 5.000% | 7/15/19 | 2,150 | 2,208 |
Prospect Capital Corp. | 5.875% | 3/15/23 | 550 | 570 |
Insurance (1.2%) | ||||
ACE Capital Trust II | 9.700% | 4/1/30 | 1,025 | 1,543 |
AEGON Funding Co. LLC | 5.750% | 12/15/20 | 4,641 | 5,037 |
Aetna Inc. | 2.200% | 3/15/19 | 2,375 | 2,372 |
Aetna Inc. | 4.125% | 6/1/21 | 1,680 | 1,746 |
Aetna Inc. | 2.750% | 11/15/22 | 13,910 | 13,744 |
Aetna Inc. | 2.800% | 6/15/23 | 10,050 | 9,868 |
Aetna Inc. | 3.500% | 11/15/24 | 6,000 | 6,079 |
Aetna Inc. | 6.625% | 6/15/36 | 4,000 | 5,290 |
Aetna Inc. | 6.750% | 12/15/37 | 3,000 | 4,084 |
Aetna Inc. | 4.500% | 5/15/42 | 3,500 | 3,752 |
Aetna Inc. | 4.125% | 11/15/42 | 2,525 | 2,573 |
Aetna Inc. | 4.750% | 3/15/44 | 400 | 448 |
Aetna Inc. | 3.875% | 8/15/47 | 9,575 | 9,411 |
Aflac Inc. | 2.400% | 3/16/20 | 2,900 | 2,901 |
Aflac Inc. | 3.625% | 6/15/23 | 9,150 | 9,536 |
Aflac Inc. | 3.250% | 3/17/25 | 5,175 | 5,243 |
Aflac Inc. | 2.875% | 10/15/26 | 8,725 | 8,559 |
Aflac Inc. | 4.000% | 10/15/46 | 1,200 | 1,251 |
Alleghany Corp. | 4.950% | 6/27/22 | 3,000 | 3,238 |
Alleghany Corp. | 4.900% | 9/15/44 | 4,575 | 4,937 |
Allied World Assurance Co. Holdings Ltd. | 5.500% | 11/15/20 | 1,180 | 1,256 |
Allied World Assurance Co. Holdings Ltd. | 4.350% | 10/29/25 | 5,400 | 5,416 |
Allstate Corp. | 3.150% | 6/15/23 | 2,500 | 2,540 |
Allstate Corp. | 3.280% | 12/15/26 | 4,000 | 4,054 |
Allstate Corp. | 5.350% | 6/1/33 | 1,700 | 2,029 |
Allstate Corp. | 5.550% | 5/9/35 | 495 | 611 |
Allstate Corp. | 5.950% | 4/1/36 | 525 | 684 |
Allstate Corp. | 4.500% | 6/15/43 | 3,450 | 3,919 |
Allstate Corp. | 4.200% | 12/15/46 | 8,625 | 9,431 |
5 Allstate Corp. | 5.750% | 8/15/53 | 5,450 | 5,947 |
5 Allstate Corp. | 6.500% | 5/15/67 | 2,575 | 3,090 |
Alterra Finance LLC | 6.250% | 9/30/20 | 745 | 809 |
62
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
American Financial Group Inc. | 3.500% | 8/15/26 | 2,900 | 2,878 |
American Financial Group Inc. | 4.500% | 6/15/47 | 6,200 | 6,402 |
American International Group Inc. | 2.300% | 7/16/19 | 7,425 | 7,420 |
American International Group Inc. | 3.375% | 8/15/20 | 2,650 | 2,707 |
American International Group Inc. | 6.400% | 12/15/20 | 15,825 | 17,532 |
American International Group Inc. | 3.300% | 3/1/21 | 2,375 | 2,415 |
American International Group Inc. | 4.875% | 6/1/22 | 13,425 | 14,576 |
American International Group Inc. | 4.125% | 2/15/24 | 3,605 | 3,796 |
American International Group Inc. | 3.750% | 7/10/25 | 2,960 | 3,040 |
American International Group Inc. | 3.900% | 4/1/26 | 12,000 | 12,447 |
American International Group Inc. | 3.875% | 1/15/35 | 8,925 | 8,916 |
American International Group Inc. | 4.700% | 7/10/35 | 3,860 | 4,235 |
American International Group Inc. | 6.250% | 5/1/36 | 15,905 | 20,440 |
American International Group Inc. | 4.500% | 7/16/44 | 3,315 | 3,580 |
American International Group Inc. | 4.800% | 7/10/45 | 5,275 | 5,900 |
American International Group Inc. | 4.375% | 1/15/55 | 7,985 | 8,134 |
5 American International Group Inc. | 8.175% | 5/15/68 | 1,900 | 2,604 |
Anthem Inc. | 2.250% | 8/15/19 | 8,951 | 8,911 |
Anthem Inc. | 4.350% | 8/15/20 | 5,250 | 5,481 |
Anthem Inc. | 2.500% | 11/21/20 | 7,100 | 7,084 |
Anthem Inc. | 3.700% | 8/15/21 | 5,630 | 5,802 |
Anthem Inc. | 3.125% | 5/15/22 | 6,655 | 6,717 |
Anthem Inc. | 2.950% | 12/1/22 | 6,500 | 6,501 |
Anthem Inc. | 3.300% | 1/15/23 | 11,621 | 11,796 |
Anthem Inc. | 3.500% | 8/15/24 | 11,182 | 11,371 |
Anthem Inc. | 3.350% | 12/1/24 | 6,715 | 6,789 |
Anthem Inc. | 3.650% | 12/1/27 | 12,800 | 13,030 |
Anthem Inc. | 5.950% | 12/15/34 | 1 | 1 |
Anthem Inc. | 4.625% | 5/15/42 | 7,900 | 8,725 |
Anthem Inc. | 4.650% | 1/15/43 | 5,700 | 6,299 |
Anthem Inc. | 5.100% | 1/15/44 | 3,705 | 4,319 |
Anthem Inc. | 4.650% | 8/15/44 | 1,437 | 1,599 |
Anthem Inc. | 4.375% | 12/1/47 | 15,850 | 16,870 |
Anthem Inc. | 4.850% | 8/15/54 | 2,525 | 2,772 |
Aon Corp. | 5.000% | 9/30/20 | 4,170 | 4,443 |
Aon Corp. | 6.250% | 9/30/40 | 2,125 | 2,758 |
Aon plc | 2.800% | 3/15/21 | 8,355 | 8,379 |
Aon plc | 4.000% | 11/27/23 | 2,675 | 2,811 |
Aon plc | 3.500% | 6/14/24 | 5,450 | 5,572 |
Aon plc | 3.875% | 12/15/25 | 7,850 | 8,189 |
Aon plc | 4.600% | 6/14/44 | 3,175 | 3,432 |
Aon plc | 4.750% | 5/15/45 | 4,650 | 5,158 |
Arch Capital Finance LLC | 4.011% | 12/15/26 | 6,025 | 6,272 |
Arch Capital Finance LLC | 5.031% | 12/15/46 | 4,725 | 5,464 |
Arch Capital Group Ltd. | 7.350% | 5/1/34 | 1,100 | 1,501 |
Arch Capital Group US Inc. | 5.144% | 11/1/43 | 5,400 | 6,261 |
Aspen Insurance Holdings Ltd. | 4.650% | 11/15/23 | 9,575 | 10,167 |
Assurant Inc. | 4.000% | 3/15/23 | 6,975 | 7,128 |
Assurant Inc. | 6.750% | 2/15/34 | 4,625 | 5,722 |
Assured Guaranty US Holdings Inc. | 5.000% | 7/1/24 | 1,675 | 1,814 |
AXA Financial Inc. | 7.000% | 4/1/28 | 2,010 | 2,519 |
AXA SA | 8.600% | 12/15/30 | 7,220 | 10,391 |
AXIS Specialty Finance LLC | 5.875% | 6/1/20 | 11,950 | 12,775 |
AXIS Specialty Finance plc | 4.000% | 12/6/27 | 10,000 | 10,045 |
63
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Berkshire Hathaway Finance Corp. | 1.700% | 3/15/19 | 3,340 | 3,328 | |
Berkshire Hathaway Finance Corp. | 1.300% | 8/15/19 | 6,000 | 5,925 | |
Berkshire Hathaway Finance Corp. | 2.900% | 10/15/20 | 12,650 | 12,860 | |
Berkshire Hathaway Finance Corp. | 4.250% | 1/15/21 | 10,145 | 10,708 | |
Berkshire Hathaway Finance Corp. | 3.000% | 5/15/22 | 3,875 | 3,946 | |
Berkshire Hathaway Finance Corp. | 5.750% | 1/15/40 | 380 | 501 | |
Berkshire Hathaway Finance Corp. | 4.400% | 5/15/42 | 2,725 | 3,056 | |
Berkshire Hathaway Finance Corp. | 4.300% | 5/15/43 | 15,979 | 17,819 | |
Berkshire Hathaway Inc. | 2.100% | 8/14/19 | 12,075 | 12,101 | |
Berkshire Hathaway Inc. | 3.750% | 8/15/21 | 2,260 | 2,360 | |
Berkshire Hathaway Inc. | 3.400% | 1/31/22 | 2,000 | 2,069 | |
Berkshire Hathaway Inc. | 3.000% | 2/11/23 | 4,000 | 4,073 | |
Berkshire Hathaway Inc. | 2.750% | 3/15/23 | 19,965 | 20,095 | |
Berkshire Hathaway Inc. | 3.125% | 3/15/26 | 33,300 | 33,589 | |
Berkshire Hathaway Inc. | 4.500% | 2/11/43 | 7,315 | 8,353 | |
10 | Brighthouse Financial Inc. | 3.700% | 6/22/27 | 14,193 | 13,892 |
10 | Brighthouse Financial Inc. | 4.700% | 6/22/47 | 11,635 | 11,853 |
Brown & Brown Inc. | 4.200% | 9/15/24 | 3,555 | 3,723 | |
Chubb Corp. | 6.000% | 5/11/37 | 1,450 | 1,934 | |
Chubb Corp. | 6.500% | 5/15/38 | 500 | 707 | |
Chubb INA Holdings Inc. | 5.900% | 6/15/19 | 785 | 827 | |
Chubb INA Holdings Inc. | 2.300% | 11/3/20 | 3,300 | 3,293 | |
Chubb INA Holdings Inc. | 2.875% | 11/3/22 | 24,274 | 24,504 | |
Chubb INA Holdings Inc. | 2.700% | 3/13/23 | 2,100 | 2,093 | |
Chubb INA Holdings Inc. | 3.350% | 5/15/24 | 7,900 | 8,112 | |
Chubb INA Holdings Inc. | 3.150% | 3/15/25 | 5,750 | 5,804 | |
Chubb INA Holdings Inc. | 3.350% | 5/3/26 | 10,425 | 10,627 | |
Chubb INA Holdings Inc. | 6.700% | 5/15/36 | 675 | 947 | |
Chubb INA Holdings Inc. | 4.150% | 3/13/43 | 5,675 | 6,156 | |
Chubb INA Holdings Inc. | 4.350% | 11/3/45 | 7,711 | 8,649 | |
Cigna Corp. | 5.125% | 6/15/20 | 300 | 318 | |
Cigna Corp. | 4.375% | 12/15/20 | 200 | 209 | |
Cigna Corp. | 4.500% | 3/15/21 | 1,090 | 1,148 | |
Cigna Corp. | 4.000% | 2/15/22 | 4,585 | 4,782 | |
Cigna Corp. | 3.250% | 4/15/25 | 13,075 | 12,987 | |
Cigna Corp. | 7.875% | 5/15/27 | 362 | 484 | |
Cigna Corp. | 3.050% | 10/15/27 | 11,200 | 10,871 | |
Cigna Corp. | 5.375% | 2/15/42 | 1,300 | 1,577 | |
Cigna Corp. | 3.875% | 10/15/47 | 7,115 | 7,103 | |
Cincinnati Financial Corp. | 6.920% | 5/15/28 | 4,600 | 5,942 | |
CNA Financial Corp. | 5.875% | 8/15/20 | 355 | 383 | |
CNA Financial Corp. | 5.750% | 8/15/21 | 2,765 | 3,022 | |
CNA Financial Corp. | 3.950% | 5/15/24 | 3,325 | 3,456 | |
CNA Financial Corp. | 4.500% | 3/1/26 | 2,650 | 2,821 | |
CNA Financial Corp. | 3.450% | 8/15/27 | 3,500 | 3,449 | |
Coventry Health Care Inc. | 5.450% | 6/15/21 | 3,810 | 4,125 | |
Endurance Specialty Holdings Ltd. | 7.000% | 7/15/34 | 1,004 | 1,282 | |
Enstar Group Ltd. | 4.500% | 3/10/22 | 1,750 | 1,785 | |
Everest Reinsurance Holdings Inc. | 4.868% | 6/1/44 | 3,225 | 3,421 | |
First American Financial Corp. | 4.600% | 11/15/24 | 4,675 | 4,818 | |
Hanover Insurance Group Inc. | 4.500% | 4/15/26 | 3,020 | 3,140 | |
Hartford Financial Services Group Inc. | 6.000% | 1/15/19 | 925 | 958 | |
Hartford Financial Services Group Inc. | 5.500% | 3/30/20 | 4,100 | 4,363 | |
Hartford Financial Services Group Inc. | 5.125% | 4/15/22 | 8,350 | 9,105 |
64
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Hartford Financial Services Group Inc. | 5.950% | 10/15/36 | 500 | 635 |
Hartford Financial Services Group Inc. | 6.100% | 10/1/41 | 5,400 | 7,144 |
Hartford Financial Services Group Inc. | 6.625% | 4/15/42 | 1,793 | 2,426 |
Humana Inc. | 2.625% | 10/1/19 | 3,525 | 3,530 |
Humana Inc. | 3.150% | 12/1/22 | 4,825 | 4,859 |
Humana Inc. | 3.850% | 10/1/24 | 11,050 | 11,461 |
Humana Inc. | 3.950% | 3/15/27 | 7,300 | 7,525 |
Humana Inc. | 4.625% | 12/1/42 | 2,175 | 2,351 |
Humana Inc. | 4.950% | 10/1/44 | 4,425 | 5,077 |
Humana Inc. | 4.800% | 3/15/47 | 3,275 | 3,691 |
Kemper Corp. | 4.350% | 2/15/25 | 1,500 | 1,529 |
Lincoln National Corp. | 8.750% | 7/1/19 | 162 | 177 |
Lincoln National Corp. | 6.250% | 2/15/20 | 4,795 | 5,156 |
Lincoln National Corp. | 4.850% | 6/24/21 | 12 | 13 |
Lincoln National Corp. | 4.200% | 3/15/22 | 4,825 | 5,062 |
Lincoln National Corp. | 4.000% | 9/1/23 | 2,000 | 2,094 |
Lincoln National Corp. | 3.625% | 12/12/26 | 10,000 | 10,200 |
Lincoln National Corp. | 6.150% | 4/7/36 | 2,526 | 3,123 |
Lincoln National Corp. | 6.300% | 10/9/37 | 2,550 | 3,259 |
Lincoln National Corp. | 7.000% | 6/15/40 | 200 | 277 |
Loews Corp. | 2.625% | 5/15/23 | 9,675 | 9,551 |
Loews Corp. | 6.000% | 2/1/35 | 225 | 282 |
Loews Corp. | 4.125% | 5/15/43 | 5,865 | 6,044 |
Manulife Financial Corp. | 4.900% | 9/17/20 | 4,875 | 5,157 |
Manulife Financial Corp. | 4.150% | 3/4/26 | 10,075 | 10,636 |
5 Manulife Financial Corp. | 4.061% | 2/24/32 | 8,640 | 8,701 |
Manulife Financial Corp. | 5.375% | 3/4/46 | 6,475 | 8,081 |
Markel Corp. | 4.900% | 7/1/22 | 4,665 | 5,024 |
Markel Corp. | 3.500% | 11/1/27 | 4,225 | 4,171 |
Markel Corp. | 5.000% | 4/5/46 | 3,500 | 3,915 |
Markel Corp. | 4.300% | 11/1/47 | 2,200 | 2,251 |
Marsh & McLennan Cos. Inc. | 2.350% | 9/10/19 | 1,200 | 1,203 |
Marsh & McLennan Cos. Inc. | 2.350% | 3/6/20 | 5,575 | 5,563 |
Marsh & McLennan Cos. Inc. | 4.800% | 7/15/21 | 2,265 | 2,419 |
Marsh & McLennan Cos. Inc. | 2.750% | 1/30/22 | 800 | 800 |
Marsh & McLennan Cos. Inc. | 3.300% | 3/14/23 | 7,042 | 7,162 |
Marsh & McLennan Cos. Inc. | 3.500% | 6/3/24 | 17,600 | 18,151 |
Marsh & McLennan Cos. Inc. | 3.500% | 3/10/25 | 7,425 | 7,642 |
Marsh & McLennan Cos. Inc. | 3.750% | 3/14/26 | 4,850 | 5,071 |
Marsh & McLennan Cos. Inc. | 5.875% | 8/1/33 | 3,975 | 4,995 |
Marsh & McLennan Cos. Inc. | 4.350% | 1/30/47 | 3,075 | 3,410 |
Mercury General Corp. | 4.400% | 3/15/27 | 2,000 | 2,026 |
MetLife Inc. | 7.717% | 2/15/19 | 1,170 | 1,243 |
MetLife Inc. | 4.750% | 2/8/21 | 6,645 | 7,081 |
MetLife Inc. | 3.048% | 12/15/22 | 10,600 | 10,729 |
MetLife Inc. | 4.368% | 9/15/23 | 275 | 297 |
MetLife Inc. | 3.600% | 4/10/24 | 18,300 | 19,142 |
MetLife Inc. | 3.000% | 3/1/25 | 5,475 | 5,480 |
MetLife Inc. | 3.600% | 11/13/25 | 7,975 | 8,294 |
MetLife Inc. | 6.500% | 12/15/32 | 225 | 294 |
MetLife Inc. | 6.375% | 6/15/34 | 2,195 | 2,981 |
MetLife Inc. | 5.700% | 6/15/35 | 7,210 | 9,123 |
MetLife Inc. | 5.875% | 2/6/41 | 6,720 | 8,810 |
MetLife Inc. | 4.125% | 8/13/42 | 7,275 | 7,659 |
65
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
MetLife Inc. | 4.875% | 11/13/43 | 8,519 | 9,982 | |
MetLife Inc. | 4.721% | 12/15/44 | 5,350 | 6,205 | |
MetLife Inc. | 4.050% | 3/1/45 | 10,325 | 10,790 | |
MetLife Inc. | 4.600% | 5/13/46 | 8,016 | 9,137 | |
5 | MetLife Inc. | 6.400% | 12/15/66 | 9,930 | 11,469 |
5 | MetLife Inc. | 10.750% | 8/1/69 | 500 | 835 |
10 | Metropolitan Life Global Funding I | 2.000% | 4/14/20 | 100 | 99 |
Montpelier Re Holdings Ltd. | 4.700% | 10/15/22 | 9,375 | 9,860 | |
Munich Re America Corp. | 7.450% | 12/15/26 | 1,200 | 1,533 | |
5 | Nationwide Financial Services Inc. | 6.750% | 5/15/87 | 300 | 336 |
Old Republic International Corp. | 4.875% | 10/1/24 | 4,550 | 4,876 | |
Old Republic International Corp. | 3.875% | 8/26/26 | 10,385 | 10,411 | |
PartnerRe Finance B LLC | 5.500% | 6/1/20 | 9,458 | 9,988 | |
Primerica Inc. | 4.750% | 7/15/22 | 2,000 | 2,136 | |
Principal Financial Group Inc. | 3.400% | 5/15/25 | 4,000 | 4,059 | |
Principal Financial Group Inc. | 3.100% | 11/15/26 | 14,485 | 14,302 | |
Principal Financial Group Inc. | 4.350% | 5/15/43 | 375 | 402 | |
Principal Financial Group Inc. | 4.300% | 11/15/46 | 5,589 | 5,961 | |
5 | Principal Financial Group Inc. | 4.700% | 5/15/55 | 2,700 | 2,761 |
Progressive Corp. | 3.750% | 8/23/21 | 10,655 | 11,061 | |
Progressive Corp. | 2.450% | 1/15/27 | 9,100 | 8,696 | |
Progressive Corp. | 6.625% | 3/1/29 | 2,625 | 3,343 | |
Progressive Corp. | 4.350% | 4/25/44 | 1,844 | 2,050 | |
Progressive Corp. | 4.125% | 4/15/47 | 17,800 | 19,234 | |
Protective Life Corp. | 7.375% | 10/15/19 | 900 | 975 | |
Prudential Financial Inc. | 7.375% | 6/15/19 | 795 | 853 | |
Prudential Financial Inc. | 2.350% | 8/15/19 | 2,200 | 2,202 | |
Prudential Financial Inc. | 5.375% | 6/21/20 | 3,695 | 3,950 | |
Prudential Financial Inc. | 4.500% | 11/15/20 | 5,000 | 5,271 | |
Prudential Financial Inc. | 4.500% | 11/16/21 | 675 | 719 | |
Prudential Financial Inc. | 3.500% | 5/15/24 | 1,175 | 1,220 | |
Prudential Financial Inc. | 5.750% | 7/15/33 | 1,280 | 1,587 | |
Prudential Financial Inc. | 5.700% | 12/14/36 | 7,720 | 9,696 | |
Prudential Financial Inc. | 6.625% | 12/1/37 | 5,050 | 7,089 | |
Prudential Financial Inc. | 6.625% | 6/21/40 | 10,825 | 15,267 | |
Prudential Financial Inc. | 6.200% | 11/15/40 | 300 | 398 | |
5 | Prudential Financial Inc. | 5.875% | 9/15/42 | 11,936 | 13,049 |
5 | Prudential Financial Inc. | 5.625% | 6/15/43 | 18,625 | 20,301 |
Prudential Financial Inc. | 5.100% | 8/15/43 | 2,775 | 3,290 | |
5 | Prudential Financial Inc. | 5.200% | 3/15/44 | 2,350 | 2,506 |
Prudential Financial Inc. | 4.600% | 5/15/44 | 15,925 | 18,111 | |
5 | Prudential Financial Inc. | 5.375% | 5/15/45 | 4,850 | 5,194 |
10 | Prudential Financial Inc. | 3.905% | 12/7/47 | 8,338 | 8,501 |
10 | Prudential Financial Inc. | 3.935% | 12/7/49 | 3,284 | 3,356 |
Reinsurance Group of America Inc. | 5.000% | 6/1/21 | 4,691 | 4,998 | |
Reinsurance Group of America Inc. | 4.700% | 9/15/23 | 1,400 | 1,506 | |
Reinsurance Group of America Inc. | 3.950% | 9/15/26 | 500 | 509 | |
10 | Reliance Standard Life Global Funding II | 2.500% | 1/15/20 | 350 | 350 |
RenaissanceRe Finance Inc. | 3.450% | 7/1/27 | 1,600 | 1,566 | |
Swiss Re Solutions Holding Corp. | 7.000% | 2/15/26 | 2,175 | 2,661 | |
Torchmark Corp. | 9.250% | 6/15/19 | 895 | 981 | |
Transatlantic Holdings Inc. | 8.000% | 11/30/39 | 4,125 | 5,663 | |
Travelers Cos. Inc. | 5.900% | 6/2/19 | 225 | 236 | |
Travelers Cos. Inc. | 3.900% | 11/1/20 | 1,870 | 1,938 |
66
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Travelers Cos. Inc. | 6.750% | 6/20/36 | 1,125 | 1,584 |
Travelers Cos. Inc. | 6.250% | 6/15/37 | 4,885 | 6,615 |
Travelers Cos. Inc. | 5.350% | 11/1/40 | 4,145 | 5,176 |
Travelers Cos. Inc. | 4.600% | 8/1/43 | 2,920 | 3,366 |
Travelers Cos. Inc. | 4.300% | 8/25/45 | 500 | 551 |
Travelers Cos. Inc. | 3.750% | 5/15/46 | 4,925 | 5,026 |
Travelers Cos. Inc. | 4.000% | 5/30/47 | 12,600 | 13,336 |
UnitedHealth Group Inc. | 1.625% | 3/15/19 | 7,000 | 6,964 |
UnitedHealth Group Inc. | 2.300% | 12/15/19 | 2,450 | 2,457 |
UnitedHealth Group Inc. | 2.700% | 7/15/20 | 8,225 | 8,310 |
UnitedHealth Group Inc. | 1.950% | 10/15/20 | 14,850 | 14,703 |
UnitedHealth Group Inc. | 3.875% | 10/15/20 | 2,025 | 2,099 |
UnitedHealth Group Inc. | 4.700% | 2/15/21 | 5,735 | 6,096 |
UnitedHealth Group Inc. | 2.125% | 3/15/21 | 2,500 | 2,476 |
UnitedHealth Group Inc. | 3.375% | 11/15/21 | 270 | 278 |
UnitedHealth Group Inc. | 2.875% | 12/15/21 | 4,100 | 4,154 |
UnitedHealth Group Inc. | 2.875% | 3/15/22 | 3,300 | 3,331 |
UnitedHealth Group Inc. | 3.350% | 7/15/22 | 10,475 | 10,798 |
UnitedHealth Group Inc. | 2.375% | 10/15/22 | 10,000 | 9,902 |
UnitedHealth Group Inc. | 2.750% | 2/15/23 | 3,600 | 3,603 |
UnitedHealth Group Inc. | 2.875% | 3/15/23 | 1,500 | 1,512 |
UnitedHealth Group Inc. | 3.750% | 7/15/25 | 26,738 | 28,136 |
UnitedHealth Group Inc. | 3.100% | 3/15/26 | 7,275 | 7,309 |
UnitedHealth Group Inc. | 3.450% | 1/15/27 | 6,000 | 6,169 |
UnitedHealth Group Inc. | 3.375% | 4/15/27 | 15,825 | 16,193 |
UnitedHealth Group Inc. | 2.950% | 10/15/27 | 9,225 | 9,190 |
UnitedHealth Group Inc. | 4.625% | 7/15/35 | 2,900 | 3,344 |
UnitedHealth Group Inc. | 5.800% | 3/15/36 | 3,300 | 4,272 |
UnitedHealth Group Inc. | 6.500% | 6/15/37 | 725 | 1,008 |
UnitedHealth Group Inc. | 6.625% | 11/15/37 | 5,100 | 7,236 |
UnitedHealth Group Inc. | 6.875% | 2/15/38 | 13,845 | 19,984 |
UnitedHealth Group Inc. | 5.950% | 2/15/41 | 1,575 | 2,080 |
UnitedHealth Group Inc. | 4.625% | 11/15/41 | 4,205 | 4,787 |
UnitedHealth Group Inc. | 4.375% | 3/15/42 | 1,775 | 1,956 |
UnitedHealth Group Inc. | 3.950% | 10/15/42 | 4,400 | 4,594 |
UnitedHealth Group Inc. | 4.250% | 3/15/43 | 5,775 | 6,254 |
UnitedHealth Group Inc. | 4.750% | 7/15/45 | 13,098 | 15,477 |
UnitedHealth Group Inc. | 4.200% | 1/15/47 | 10,275 | 11,170 |
UnitedHealth Group Inc. | 4.250% | 4/15/47 | 16,175 | 17,762 |
UnitedHealth Group Inc. | 3.750% | 10/15/47 | 5,900 | 6,013 |
Unum Group | 5.625% | 9/15/20 | 625 | 672 |
Unum Group | 4.000% | 3/15/24 | 3,300 | 3,434 |
Unum Group | 5.750% | 8/15/42 | 1,673 | 2,047 |
Voya Financial Inc. | 5.500% | 7/15/22 | 2,636 | 2,886 |
Voya Financial Inc. | 3.125% | 7/15/24 | 13,954 | 13,840 |
Voya Financial Inc. | 3.650% | 6/15/26 | 3,000 | 3,021 |
Voya Financial Inc. | 5.700% | 7/15/43 | 4,600 | 5,639 |
Voya Financial Inc. | 4.800% | 6/15/46 | 3,150 | 3,488 |
Willis North America Inc. | 3.600% | 5/15/24 | 5,110 | 5,190 |
Willis Towers Watson plc | 5.750% | 3/15/21 | 1,385 | 1,503 |
WR Berkley Corp. | 5.375% | 9/15/20 | 375 | 400 |
WR Berkley Corp. | 4.625% | 3/15/22 | 6,400 | 6,811 |
WR Berkley Corp. | 6.250% | 2/15/37 | 150 | 183 |
WR Berkley Corp. | 4.750% | 8/1/44 | 2,855 | 3,070 |
67
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
XLIT Ltd. | 5.750% | 10/1/21 | 5,455 | 5,975 |
XLIT Ltd. | 6.375% | 11/15/24 | 300 | 348 |
XLIT Ltd. | 4.450% | 3/31/25 | 2,200 | 2,224 |
XLIT Ltd. | 6.250% | 5/15/27 | 2,242 | 2,655 |
XLIT Ltd. | 5.250% | 12/15/43 | 3,850 | 4,456 |
XLIT Ltd. | 5.500% | 3/31/45 | 4,650 | 4,884 |
Other Finance (0.0%) | ||||
Jones Lang LaSalle Inc. | 4.400% | 11/15/22 | 150 | 157 |
ORIX Corp. | 2.900% | 7/18/22 | 2,800 | 2,783 |
ORIX Corp. | 3.250% | 12/4/24 | 2,000 | 1,987 |
ORIX Corp. | 3.700% | 7/18/27 | 8,650 | 8,654 |
Real Estate Investment Trusts (0.7%) | ||||
Alexandria Real Estate Equities Inc. | 2.750% | 1/15/20 | 1,900 | 1,905 |
Alexandria Real Estate Equities Inc. | 4.600% | 4/1/22 | 1,825 | 1,935 |
Alexandria Real Estate Equities Inc. | 3.900% | 6/15/23 | 220 | 226 |
Alexandria Real Estate Equities Inc. | 3.450% | 4/30/25 | 5,275 | 5,216 |
Alexandria Real Estate Equities Inc. | 4.300% | 1/15/26 | 2,550 | 2,669 |
Alexandria Real Estate Equities Inc. | 3.950% | 1/15/27 | 2,300 | 2,347 |
Alexandria Real Estate Equities Inc. | 3.950% | 1/15/28 | 4,030 | 4,109 |
Alexandria Real Estate Equities Inc. | 4.500% | 7/30/29 | 2,325 | 2,466 |
American Campus Communities Operating | ||||
Partnership LP | 3.350% | 10/1/20 | 2,470 | 2,517 |
American Campus Communities Operating | ||||
Partnership LP | 4.125% | 7/1/24 | 2,350 | 2,445 |
American Campus Communities Operating | ||||
Partnership LP | 3.625% | 11/15/27 | 3,000 | 2,973 |
AvalonBay Communities Inc. | 3.625% | 10/1/20 | 4,000 | 4,111 |
AvalonBay Communities Inc. | 2.950% | 9/15/22 | 75 | 76 |
AvalonBay Communities Inc. | 2.850% | 3/15/23 | 1,720 | 1,715 |
AvalonBay Communities Inc. | 4.200% | 12/15/23 | 1,680 | 1,789 |
AvalonBay Communities Inc. | 3.500% | 11/15/24 | 850 | 873 |
AvalonBay Communities Inc. | 3.450% | 6/1/25 | 8,445 | 8,637 |
AvalonBay Communities Inc. | 2.950% | 5/11/26 | 4,000 | 3,923 |
AvalonBay Communities Inc. | 2.900% | 10/15/26 | 4,650 | 4,525 |
AvalonBay Communities Inc. | 3.350% | 5/15/27 | 5,000 | 5,034 |
AvalonBay Communities Inc. | 3.200% | 1/15/28 | 3,025 | 3,006 |
Boston Properties LP | 5.625% | 11/15/20 | 6,450 | 6,974 |
Boston Properties LP | 4.125% | 5/15/21 | 1,410 | 1,474 |
Boston Properties LP | 3.850% | 2/1/23 | 8,325 | 8,674 |
Boston Properties LP | 3.800% | 2/1/24 | 3,600 | 3,732 |
Boston Properties LP | 3.200% | 1/15/25 | 5,725 | 5,705 |
Boston Properties LP | 3.650% | 2/1/26 | 6,800 | 6,898 |
Boston Properties LP | 2.750% | 10/1/26 | 4,300 | 4,060 |
Brandywine Operating Partnership LP | 3.950% | 2/15/23 | 2,500 | 2,552 |
Brandywine Operating Partnership LP | 3.950% | 11/15/27 | 19,125 | 18,917 |
Brixmor Operating Partnership LP | 3.875% | 8/15/22 | 3,950 | 4,041 |
Brixmor Operating Partnership LP | 3.250% | 9/15/23 | 1,475 | 1,441 |
Brixmor Operating Partnership LP | 3.650% | 6/15/24 | 2,000 | 1,984 |
Brixmor Operating Partnership LP | 3.850% | 2/1/25 | 12,200 | 12,189 |
Brixmor Operating Partnership LP | 4.125% | 6/15/26 | 2,400 | 2,422 |
Brixmor Operating Partnership LP | 3.900% | 3/15/27 | 3,725 | 3,681 |
Camden Property Trust | 4.625% | 6/15/21 | 1,025 | 1,083 |
68
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Camden Property Trust | 2.950% | 12/15/22 | 5,575 | 5,571 |
CBL & Associates LP | 5.250% | 12/1/23 | 2,950 | 2,790 |
CBL & Associates LP | 4.600% | 10/15/24 | 4,800 | 4,273 |
Columbia Property Trust Operating | ||||
Partnership LP | 4.150% | 4/1/25 | 4,000 | 4,061 |
Columbia Property Trust Operating | ||||
Partnership LP | 3.650% | 8/15/26 | 5,475 | 5,315 |
Corporate Office Properties LP | 3.700% | 6/15/21 | 6,375 | 6,488 |
Corporate Office Properties LP | 3.600% | 5/15/23 | 950 | 952 |
Corporate Office Properties LP | 5.250% | 2/15/24 | 675 | 729 |
CubeSmart LP | 4.375% | 12/15/23 | 6,550 | 6,872 |
CubeSmart LP | 4.000% | 11/15/25 | 1,375 | 1,406 |
CubeSmart LP | 3.125% | 9/1/26 | 5,300 | 5,036 |
DCT Industrial Operating Partnership LP | 4.500% | 10/15/23 | 1,525 | 1,588 |
DDR Corp. | 4.625% | 7/15/22 | 4,775 | 5,016 |
DDR Corp. | 3.375% | 5/15/23 | 4,100 | 4,072 |
DDR Corp. | 3.900% | 8/15/24 | 1,725 | 1,739 |
DDR Corp. | 4.250% | 2/1/26 | 1,700 | 1,730 |
DDR Corp. | 4.700% | 6/1/27 | 24,825 | 25,831 |
Digital Realty Trust LP | 3.400% | 10/1/20 | 3,800 | 3,877 |
Digital Realty Trust LP | 5.250% | 3/15/21 | 3,265 | 3,502 |
Digital Realty Trust LP | 3.950% | 7/1/22 | 7,625 | 7,952 |
Digital Realty Trust LP | 3.625% | 10/1/22 | 3,675 | 3,778 |
Digital Realty Trust LP | 2.750% | 2/1/23 | 2,500 | 2,476 |
Digital Realty Trust LP | 4.750% | 10/1/25 | 4,625 | 5,016 |
Digital Realty Trust LP | 3.700% | 8/15/27 | 5,200 | 5,236 |
Duke Realty LP | 3.875% | 2/15/21 | 10,000 | 10,329 |
Duke Realty LP | 3.875% | 10/15/22 | 6,350 | 6,600 |
Duke Realty LP | 3.625% | 4/15/23 | 740 | 758 |
Duke Realty LP | 3.750% | 12/1/24 | 1,500 | 1,546 |
EPR Properties | 5.750% | 8/15/22 | 3,110 | 3,391 |
EPR Properties | 5.250% | 7/15/23 | 3,375 | 3,604 |
EPR Properties | 4.500% | 4/1/25 | 7,023 | 7,164 |
EPR Properties | 4.750% | 12/15/26 | 1,025 | 1,052 |
EPR Properties | 4.500% | 6/1/27 | 245 | 247 |
ERP Operating LP | 2.375% | 7/1/19 | 2,600 | 2,601 |
ERP Operating LP | 4.750% | 7/15/20 | 5,510 | 5,809 |
ERP Operating LP | 4.625% | 12/15/21 | 1,459 | 1,562 |
ERP Operating LP | 3.000% | 4/15/23 | 1,675 | 1,688 |
ERP Operating LP | 3.375% | 6/1/25 | 300 | 306 |
ERP Operating LP | 2.850% | 11/1/26 | 11,775 | 11,430 |
ERP Operating LP | 4.500% | 7/1/44 | 4,200 | 4,546 |
ERP Operating LP | 4.500% | 6/1/45 | 3,825 | 4,193 |
ERP Operating LP | 4.000% | 8/1/47 | 2,800 | 2,842 |
Essex Portfolio LP | 5.200% | 3/15/21 | 1,750 | 1,864 |
Essex Portfolio LP | 3.250% | 5/1/23 | 1,425 | 1,436 |
Essex Portfolio LP | 3.875% | 5/1/24 | 350 | 362 |
Essex Portfolio LP | 3.500% | 4/1/25 | 8,800 | 8,870 |
Essex Portfolio LP | 3.375% | 4/15/26 | 3,200 | 3,170 |
Federal Realty Investment Trust | 2.750% | 6/1/23 | 950 | 938 |
Federal Realty Investment Trust | 3.250% | 7/15/27 | 3,725 | 3,693 |
Federal Realty Investment Trust | 4.500% | 12/1/44 | 5,300 | 5,772 |
Government Properties Income Trust | 4.000% | 7/15/22 | 2,725 | 2,740 |
HCP Inc. | 2.625% | 2/1/20 | 5,350 | 5,365 |
69
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
HCP Inc. | 5.375% | 2/1/21 | 270 | 290 |
HCP Inc. | 3.150% | 8/1/22 | 3,375 | 3,402 |
HCP Inc. | 4.000% | 12/1/22 | 5,020 | 5,242 |
HCP Inc. | 4.250% | 11/15/23 | 8,350 | 8,763 |
HCP Inc. | 4.200% | 3/1/24 | 7,850 | 8,212 |
HCP Inc. | 3.875% | 8/15/24 | 4,200 | 4,296 |
HCP Inc. | 3.400% | 2/1/25 | 4,850 | 4,809 |
HCP Inc. | 4.000% | 6/1/25 | 425 | 437 |
HCP Inc. | 6.750% | 2/1/41 | 1,396 | 1,860 |
Healthcare Realty Trust Inc. | 3.625% | 1/15/28 | 1,500 | 1,484 |
Healthcare Trust of America Holdings LP | 3.375% | 7/15/21 | 4,575 | 4,658 |
Healthcare Trust of America Holdings LP | 2.950% | 7/1/22 | 6,200 | 6,173 |
Healthcare Trust of America Holdings LP | 3.700% | 4/15/23 | 3,125 | 3,193 |
Healthcare Trust of America Holdings LP | 3.500% | 8/1/26 | 2,300 | 2,256 |
Healthcare Trust of America Holdings LP | 3.750% | 7/1/27 | 3,925 | 3,909 |
Highwoods Realty LP | 3.200% | 6/15/21 | 9,209 | 9,282 |
Highwoods Realty LP | 3.875% | 3/1/27 | 3,850 | 3,871 |
Hospitality Properties Trust | 4.500% | 6/15/23 | 3,211 | 3,357 |
Hospitality Properties Trust | 4.650% | 3/15/24 | 3,725 | 3,923 |
Hospitality Properties Trust | 4.500% | 3/15/25 | 1,475 | 1,531 |
Hospitality Properties Trust | 5.250% | 2/15/26 | 1,960 | 2,104 |
Hospitality Properties Trust | 4.950% | 2/15/27 | 4,000 | 4,218 |
Hospitality Properties Trust | 3.950% | 1/15/28 | 3,925 | 3,824 |
Host Hotels & Resorts LP | 6.000% | 10/1/21 | 3,000 | 3,296 |
Host Hotels & Resorts LP | 5.250% | 3/15/22 | 5,919 | 6,369 |
Host Hotels & Resorts LP | 3.750% | 10/15/23 | 2,125 | 2,168 |
Host Hotels & Resorts LP | 3.875% | 4/1/24 | 2,800 | 2,836 |
Host Hotels & Resorts LP | 4.000% | 6/15/25 | 1,100 | 1,122 |
Hudson Pacific Properties LP | 3.950% | 11/1/27 | 2,500 | 2,493 |
Kilroy Realty LP | 3.800% | 1/15/23 | 4,850 | 4,967 |
Kilroy Realty LP | 3.450% | 12/15/24 | 2,000 | 1,995 |
Kilroy Realty LP | 4.375% | 10/1/25 | 575 | 603 |
Kilroy Realty LP | 4.250% | 8/15/29 | 2,975 | 3,067 |
Kimco Realty Corp. | 6.875% | 10/1/19 | 1,750 | 1,882 |
Kimco Realty Corp. | 3.400% | 11/1/22 | 7,275 | 7,420 |
Kimco Realty Corp. | 3.125% | 6/1/23 | 875 | 873 |
Kimco Realty Corp. | 3.300% | 2/1/25 | 3,125 | 3,099 |
Kimco Realty Corp. | 2.800% | 10/1/26 | 1,693 | 1,590 |
Kimco Realty Corp. | 3.800% | 4/1/27 | 3,000 | 3,024 |
Kimco Realty Corp. | 4.125% | 12/1/46 | 400 | 390 |
Kimco Realty Corp. | 4.450% | 9/1/47 | 2,250 | 2,312 |
Kite Realty Group LP | 4.000% | 10/1/26 | 7,900 | 7,504 |
Liberty Property LP | 4.750% | 10/1/20 | 1,535 | 1,616 |
Liberty Property LP | 3.375% | 6/15/23 | 1,775 | 1,798 |
Liberty Property LP | 4.400% | 2/15/24 | 3,979 | 4,239 |
Liberty Property LP | 3.750% | 4/1/25 | 5,675 | 5,807 |
Life Storage LP | 3.875% | 12/15/27 | 1,000 | 996 |
Life Storage LP | 3.500% | 7/1/26 | 10,500 | 10,233 |
Mid-America Apartments LP | 4.300% | 10/15/23 | 2,400 | 2,530 |
Mid-America Apartments LP | 3.750% | 6/15/24 | 2,725 | 2,790 |
Mid-America Apartments LP | 4.000% | 11/15/25 | 75 | 78 |
Mid-America Apartments LP | 3.600% | 6/1/27 | 7,770 | 7,779 |
National Retail Properties Inc. | 5.500% | 7/15/21 | 5,050 | 5,462 |
National Retail Properties Inc. | 3.800% | 10/15/22 | 1,600 | 1,647 |
70
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
National Retail Properties Inc. | 3.300% | 4/15/23 | 900 | 901 |
National Retail Properties Inc. | 3.900% | 6/15/24 | 2,750 | 2,820 |
National Retail Properties Inc. | 4.000% | 11/15/25 | 2,875 | 2,944 |
National Retail Properties Inc. | 3.600% | 12/15/26 | 2,375 | 2,347 |
National Retail Properties Inc. | 3.500% | 10/15/27 | 6,000 | 5,871 |
Omega Healthcare Investors Inc. | 4.375% | 8/1/23 | 19,200 | 19,464 |
Omega Healthcare Investors Inc. | 4.950% | 4/1/24 | 1,550 | 1,610 |
Omega Healthcare Investors Inc. | 4.500% | 1/15/25 | 3,250 | 3,246 |
Omega Healthcare Investors Inc. | 5.250% | 1/15/26 | 4,000 | 4,135 |
Omega Healthcare Investors Inc. | 4.500% | 4/1/27 | 11,500 | 11,198 |
Omega Healthcare Investors Inc. | 4.750% | 1/15/28 | 4,680 | 4,633 |
Physicians Realty LP | 4.300% | 3/15/27 | 6,500 | 6,611 |
Physicians Realty LP | 3.950% | 1/15/28 | 3,000 | 2,972 |
Piedmont Operating Partnership LP | 3.400% | 6/1/23 | 6,150 | 6,106 |
Piedmont Operating Partnership LP | 4.450% | 3/15/24 | 1,750 | 1,823 |
Prologis LP | 4.250% | 8/15/23 | 1,800 | 1,931 |
Prologis LP | 3.750% | 11/1/25 | 1,300 | 1,362 |
Public Storage | 2.370% | 9/15/22 | 5,460 | 5,373 |
Public Storage | 3.094% | 9/15/27 | 2,575 | 2,558 |
Realty Income Corp. | 3.250% | 10/15/22 | 9,725 | 9,882 |
Realty Income Corp. | 4.650% | 8/1/23 | 1,825 | 1,967 |
Realty Income Corp. | 3.875% | 7/15/24 | 1,950 | 2,002 |
Realty Income Corp. | 4.125% | 10/15/26 | 8,420 | 8,786 |
Realty Income Corp. | 3.000% | 1/15/27 | 5,750 | 5,501 |
Realty Income Corp. | 3.650% | 1/15/28 | 4,500 | 4,517 |
Realty Income Corp. | 4.650% | 3/15/47 | 10,750 | 11,860 |
Regency Centers Corp. | 3.750% | 11/15/22 | 2,000 | 2,046 |
Regency Centers LP | 4.800% | 4/15/21 | 2,000 | 2,111 |
Regency Centers LP | 3.600% | 2/1/27 | 1,600 | 1,595 |
Regency Centers LP | 4.400% | 2/1/47 | 5,275 | 5,439 |
Sabra Health Care LP | 5.125% | 8/15/26 | 500 | 509 |
Select Income REIT | 4.150% | 2/1/22 | 2,250 | 2,276 |
Select Income REIT | 4.500% | 2/1/25 | 5,766 | 5,808 |
Senior Housing Properties Trust | 3.250% | 5/1/19 | 4,325 | 4,342 |
Simon Property Group LP | 2.200% | 2/1/19 | 12,850 | 12,852 |
Simon Property Group LP | 2.500% | 9/1/20 | 4,800 | 4,820 |
Simon Property Group LP | 4.375% | 3/1/21 | 1,645 | 1,738 |
Simon Property Group LP | 2.500% | 7/15/21 | 2,000 | 1,998 |
Simon Property Group LP | 4.125% | 12/1/21 | 17,150 | 18,081 |
Simon Property Group LP | 2.350% | 1/30/22 | 525 | 519 |
Simon Property Group LP | 3.375% | 3/15/22 | 1,675 | 1,720 |
Simon Property Group LP | 2.625% | 6/15/22 | 10,000 | 9,975 |
Simon Property Group LP | 2.750% | 2/1/23 | 3,625 | 3,609 |
Simon Property Group LP | 2.750% | 6/1/23 | 6,000 | 5,981 |
Simon Property Group LP | 3.750% | 2/1/24 | 5,000 | 5,208 |
Simon Property Group LP | 3.500% | 9/1/25 | 2,800 | 2,865 |
Simon Property Group LP | 3.300% | 1/15/26 | 5,070 | 5,072 |
Simon Property Group LP | 3.250% | 11/30/26 | 2,150 | 2,130 |
Simon Property Group LP | 3.375% | 6/15/27 | 9,500 | 9,569 |
Simon Property Group LP | 3.375% | 12/1/27 | 4,500 | 4,519 |
Simon Property Group LP | 6.750% | 2/1/40 | 4,550 | 6,312 |
Simon Property Group LP | 4.750% | 3/15/42 | 2,010 | 2,231 |
Simon Property Group LP | 4.250% | 10/1/44 | 200 | 208 |
Simon Property Group LP | 4.250% | 11/30/46 | 10,275 | 10,833 |
71
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
SL Green Operating Partnership LP | 3.250% | 10/15/22 | 3,300 | 3,286 |
Tanger Properties LP | 3.750% | 12/1/24 | 1,000 | 1,000 |
Tanger Properties LP | 3.125% | 9/1/26 | 4,650 | 4,386 |
Tanger Properties LP | 3.875% | 7/15/27 | 7,500 | 7,429 |
UDR Inc. | 3.700% | 10/1/20 | 1,000 | 1,027 |
UDR Inc. | 4.625% | 1/10/22 | 8,350 | 8,842 |
UDR Inc. | 2.950% | 9/1/26 | 4,400 | 4,209 |
UDR Inc. | 3.500% | 7/1/27 | 5,200 | 5,202 |
UDR Inc. | 3.500% | 1/15/28 | 5,075 | 5,056 |
Ventas Realty LP | 3.100% | 1/15/23 | 5,500 | 5,496 |
Ventas Realty LP | 3.125% | 6/15/23 | 5,000 | 5,000 |
Ventas Realty LP | 3.750% | 5/1/24 | 2,325 | 2,388 |
Ventas Realty LP | 4.125% | 1/15/26 | 1,825 | 1,902 |
Ventas Realty LP | 3.250% | 10/15/26 | 9,075 | 8,794 |
Ventas Realty LP | 3.850% | 4/1/27 | 2,075 | 2,113 |
Ventas Realty LP | 4.375% | 2/1/45 | 3,100 | 3,185 |
Ventas Realty LP / Ventas Capital Corp. | 4.000% | 4/30/19 | 4,025 | 4,097 |
Ventas Realty LP / Ventas Capital Corp. | 2.700% | 4/1/20 | 2,425 | 2,432 |
Ventas Realty LP / Ventas Capital Corp. | 4.750% | 6/1/21 | 975 | 1,035 |
Ventas Realty LP / Ventas Capital Corp. | 4.250% | 3/1/22 | 1,300 | 1,362 |
Ventas Realty LP / Ventas Capital Corp. | 3.250% | 8/15/22 | 6,877 | 6,949 |
VEREIT Operating Partnership LP | 4.600% | 2/6/24 | 2,550 | 2,684 |
VEREIT Operating Partnership LP | 4.875% | 6/1/26 | 2,200 | 2,324 |
VEREIT Operating Partnership LP | 3.950% | 8/15/27 | 4,475 | 4,417 |
Vornado Realty LP | 5.000% | 1/15/22 | 5,500 | 5,894 |
Vornado Realty LP | 3.500% | 1/15/25 | 2,425 | 2,418 |
Washington Prime Group LP | 3.850% | 4/1/20 | 1,775 | 1,789 |
Washington Prime Group LP | 5.950% | 8/15/24 | 1,500 | 1,536 |
Washington REIT | 4.950% | 10/1/20 | 800 | 830 |
Washington REIT | 3.950% | 10/15/22 | 1,050 | 1,072 |
Weingarten Realty Investors | 3.375% | 10/15/22 | 8,375 | 8,441 |
Weingarten Realty Investors | 3.500% | 4/15/23 | 2,200 | 2,212 |
Weingarten Realty Investors | 4.450% | 1/15/24 | 600 | 633 |
Weingarten Realty Investors | 3.850% | 6/1/25 | 900 | 912 |
Welltower Inc. | 4.125% | 4/1/19 | 4,195 | 4,273 |
Welltower Inc. | 4.950% | 1/15/21 | 5,340 | 5,676 |
Welltower Inc. | 5.250% | 1/15/22 | 3,440 | 3,738 |
Welltower Inc. | 3.750% | 3/15/23 | 6,505 | 6,743 |
Welltower Inc. | 4.000% | 6/1/25 | 12,300 | 12,703 |
Welltower Inc. | 4.250% | 4/1/26 | 7,000 | 7,309 |
Welltower Inc. | 6.500% | 3/15/41 | 950 | 1,246 |
Welltower Inc. | 5.125% | 3/15/43 | 950 | 1,071 |
WP Carey Inc. | 4.600% | 4/1/24 | 3,980 | 4,161 |
WP Carey Inc. | 4.000% | 2/1/25 | 1,250 | 1,267 |
WP Carey Inc. | 4.250% | 10/1/26 | 2,350 | 2,401 |
12,631,857 | ||||
Industrial (16.9%) | ||||
Basic Industry (0.9%) | ||||
Agrium Inc. | 6.750% | 1/15/19 | 75 | 78 |
Agrium Inc. | 3.150% | 10/1/22 | 14,160 | 14,313 |
Agrium Inc. | 3.500% | 6/1/23 | 6,664 | 6,801 |
Agrium Inc. | 3.375% | 3/15/25 | 5,250 | 5,267 |
Agrium Inc. | 4.125% | 3/15/35 | 4,525 | 4,661 |
Agrium Inc. | 7.125% | 5/23/36 | 200 | 271 |
72
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
�� | Agrium Inc. | 6.125% | 1/15/41 | 1,375 | 1,739 |
Agrium Inc. | 4.900% | 6/1/43 | 6,410 | 7,145 | |
Agrium Inc. | 5.250% | 1/15/45 | 8,500 | 9,898 | |
Air Products & Chemicals Inc. | 3.000% | 11/3/21 | 9,860 | 10,012 | |
Air Products & Chemicals Inc. | 3.350% | 7/31/24 | 3,875 | 3,968 | |
Airgas Inc. | 3.650% | 7/15/24 | 3,750 | 3,897 | |
Albemarle Corp. | 4.150% | 12/1/24 | 3,300 | 3,496 | |
Albemarle Corp. | 5.450% | 12/1/44 | 2,850 | 3,368 | |
Barrick Gold Corp. | 5.250% | 4/1/42 | 9,150 | 10,688 | |
Barrick North America Finance LLC | 4.400% | 5/30/21 | 5,421 | 5,735 | |
Barrick North America Finance LLC | 5.700% | 5/30/41 | 8,125 | 9,938 | |
Barrick North America Finance LLC | 5.750% | 5/1/43 | 5,400 | 6,742 | |
Barrick PD Australia Finance Pty Ltd. | 5.950% | 10/15/39 | 11,244 | 13,957 | |
BHP Billiton Finance USA Ltd. | 2.875% | 2/24/22 | 12,815 | 12,945 | |
BHP Billiton Finance USA Ltd. | 3.850% | 9/30/23 | 1,675 | 1,775 | |
BHP Billiton Finance USA Ltd. | 6.420% | 3/1/26 | 100 | 122 | |
BHP Billiton Finance USA Ltd. | 4.125% | 2/24/42 | 3,900 | 4,154 | |
BHP Billiton Finance USA Ltd. | 5.000% | 9/30/43 | 16,040 | 19,531 | |
Braskem Finance Ltd. | 6.450% | 2/3/24 | 2,500 | 2,797 | |
Cabot Corp. | 3.700% | 7/15/22 | 400 | 409 | |
Celanese US Holdings LLC | 5.875% | 6/15/21 | 4,000 | 4,374 | |
Celulosa Arauco y Constitucion SA | 7.250% | 7/29/19 | 625 | 669 | |
Celulosa Arauco y Constitucion SA | 5.000% | 1/21/21 | 1,800 | 1,913 | |
Celulosa Arauco y Constitucion SA | 4.750% | 1/11/22 | 8,650 | 9,151 | |
10 | Celulosa Arauco y Constitucion SA | 3.875% | 11/2/27 | 10,250 | 10,143 |
10 | Celulosa Arauco y Constitucion SA | 5.500% | 11/2/47 | 8,500 | 8,839 |
Domtar Corp. | 6.750% | 2/15/44 | 3,325 | 3,839 | |
Dow Chemical Co. | 8.550% | 5/15/19 | 32,659 | 35,359 | |
Dow Chemical Co. | 4.250% | 11/15/20 | 9,965 | 10,402 | |
Dow Chemical Co. | 4.125% | 11/15/21 | 15,615 | 16,365 | |
Dow Chemical Co. | 3.000% | 11/15/22 | 17,100 | 17,196 | |
Dow Chemical Co. | 3.500% | 10/1/24 | 1,700 | 1,747 | |
Dow Chemical Co. | 7.375% | 11/1/29 | 2,000 | 2,664 | |
Dow Chemical Co. | 4.250% | 10/1/34 | 4,600 | 4,829 | |
Dow Chemical Co. | 9.400% | 5/15/39 | 9,765 | 16,652 | |
Dow Chemical Co. | 5.250% | 11/15/41 | 3,515 | 4,107 | |
Dow Chemical Co. | 4.375% | 11/15/42 | 11,550 | 12,090 | |
Dow Chemical Co. | 4.625% | 10/1/44 | 1,600 | 1,743 | |
Eastman Chemical Co. | 5.500% | 11/15/19 | 4,321 | 4,557 | |
Eastman Chemical Co. | 2.700% | 1/15/20 | 7,100 | 7,146 | |
Eastman Chemical Co. | 4.500% | 1/15/21 | 430 | 448 | |
Eastman Chemical Co. | 3.600% | 8/15/22 | 7,345 | 7,551 | |
Eastman Chemical Co. | 4.800% | 9/1/42 | 3,250 | 3,583 | |
Eastman Chemical Co. | 4.650% | 10/15/44 | 5,425 | 5,866 | |
Ecolab Inc. | 2.000% | 1/14/19 | 1,700 | 1,696 | |
Ecolab Inc. | 2.250% | 1/12/20 | 2,100 | 2,095 | |
Ecolab Inc. | 4.350% | 12/8/21 | 4,569 | 4,856 | |
Ecolab Inc. | 2.375% | 8/10/22 | 7,000 | 6,907 | |
Ecolab Inc. | 3.250% | 1/14/23 | 1,700 | 1,741 | |
Ecolab Inc. | 2.700% | 11/1/26 | 3,050 | 2,923 | |
10 | Ecolab Inc. | 3.250% | 12/1/27 | 5,100 | 5,102 |
Ecolab Inc. | 5.500% | 12/8/41 | 1,412 | 1,766 | |
10 | Ecolab Inc. | 3.950% | 12/1/47 | 11,546 | 11,804 |
EI du Pont de Nemours & Co. | 4.625% | 1/15/20 | 2,615 | 2,733 |
73
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
EI du Pont de Nemours & Co. | 2.200% | 5/1/20 | 13,101 | 13,078 |
EI du Pont de Nemours & Co. | 3.625% | 1/15/21 | 3,568 | 3,694 |
EI du Pont de Nemours & Co. | 4.250% | 4/1/21 | 1,750 | 1,845 |
EI du Pont de Nemours & Co. | 2.800% | 2/15/23 | 11,555 | 11,547 |
EI du Pont de Nemours & Co. | 6.500% | 1/15/28 | 475 | 596 |
EI du Pont de Nemours & Co. | 4.900% | 1/15/41 | 6,150 | 7,004 |
EI du Pont de Nemours & Co. | 4.150% | 2/15/43 | 5,375 | 5,533 |
Fibria Overseas Finance Ltd. | 4.000% | 1/14/25 | 8,900 | 8,826 |
Fibria Overseas Finance Ltd. | 5.500% | 1/17/27 | 300 | 322 |
FMC Corp. | 3.950% | 2/1/22 | 3,200 | 3,293 |
FMC Corp. | 4.100% | 2/1/24 | 6,500 | 6,689 |
Georgia-Pacific LLC | 8.000% | 1/15/24 | 6,971 | 8,866 |
Georgia-Pacific LLC | 7.375% | 12/1/25 | 2,500 | 3,193 |
Georgia-Pacific LLC | 7.250% | 6/1/28 | 1,000 | 1,327 |
Georgia-Pacific LLC | 7.750% | 11/15/29 | 1,950 | 2,729 |
Georgia-Pacific LLC | 8.875% | 5/15/31 | 4,250 | 6,550 |
Goldcorp Inc. | 3.625% | 6/9/21 | 2,000 | 2,041 |
Goldcorp Inc. | 3.700% | 3/15/23 | 9,475 | 9,718 |
Goldcorp Inc. | 5.450% | 6/9/44 | 7,254 | 8,407 |
International Flavors & Fragrances Inc. | 3.200% | 5/1/23 | 525 | 527 |
International Flavors & Fragrances Inc. | 4.375% | 6/1/47 | 5,400 | 5,716 |
International Paper Co. | 7.500% | 8/15/21 | 4,929 | 5,734 |
International Paper Co. | 4.750% | 2/15/22 | 4,413 | 4,737 |
International Paper Co. | 3.800% | 1/15/26 | 975 | 1,007 |
International Paper Co. | 3.000% | 2/15/27 | 17,900 | 17,350 |
International Paper Co. | 5.000% | 9/15/35 | 3,050 | 3,449 |
International Paper Co. | 7.300% | 11/15/39 | 3,570 | 4,987 |
International Paper Co. | 6.000% | 11/15/41 | 2,100 | 2,632 |
International Paper Co. | 4.800% | 6/15/44 | 9,200 | 10,009 |
International Paper Co. | 5.150% | 5/15/46 | 5,400 | 6,223 |
International Paper Co. | 4.400% | 8/15/47 | 12,050 | 12,659 |
International Paper Co. | 4.350% | 8/15/48 | 7,000 | 7,312 |
LYB International Finance BV | 4.000% | 7/15/23 | 3,000 | 3,142 |
LYB International Finance BV | 5.250% | 7/15/43 | 8,316 | 9,684 |
LYB International Finance BV | 4.875% | 3/15/44 | 5,250 | 5,727 |
LYB International Finance II BV | 3.500% | 3/2/27 | 17,000 | 17,021 |
LyondellBasell Industries NV | 5.000% | 4/15/19 | 11,063 | 11,357 |
LyondellBasell Industries NV | 6.000% | 11/15/21 | 15,450 | 17,175 |
LyondellBasell Industries NV | 5.750% | 4/15/24 | 3,300 | 3,746 |
LyondellBasell Industries NV | 4.625% | 2/26/55 | 4,900 | 5,042 |
Meadwestvaco Corp. | 7.950% | 2/15/31 | 7,050 | 9,735 |
Methanex Corp. | 3.250% | 12/15/19 | 5,750 | 5,767 |
Methanex Corp. | 5.650% | 12/1/44 | 5,500 | 5,683 |
Monsanto Co. | 2.125% | 7/15/19 | 5,000 | 4,976 |
Monsanto Co. | 2.750% | 7/15/21 | 7,550 | 7,561 |
Monsanto Co. | 2.200% | 7/15/22 | 650 | 628 |
Monsanto Co. | 2.850% | 4/15/25 | 4,000 | 3,911 |
Monsanto Co. | 5.500% | 8/15/25 | 3,825 | 4,367 |
Monsanto Co. | 4.200% | 7/15/34 | 5,600 | 5,815 |
Monsanto Co. | 3.600% | 7/15/42 | 3,250 | 2,947 |
Monsanto Co. | 4.650% | 11/15/43 | 1,500 | 1,583 |
Monsanto Co. | 3.950% | 4/15/45 | 8,330 | 8,215 |
Monsanto Co. | 4.700% | 7/15/64 | 6,475 | 6,735 |
Mosaic Co. | 3.750% | 11/15/21 | 10,275 | 10,511 |
74
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Mosaic Co. | 3.250% | 11/15/22 | 10,350 | 10,246 |
Mosaic Co. | 4.250% | 11/15/23 | 5,850 | 6,057 |
Mosaic Co. | 4.050% | 11/15/27 | 5,500 | 5,511 |
Mosaic Co. | 5.450% | 11/15/33 | 1,600 | 1,729 |
Mosaic Co. | 4.875% | 11/15/41 | 4,445 | 4,415 |
Mosaic Co. | 5.625% | 11/15/43 | 1,600 | 1,721 |
Newmont Mining Corp. | 5.125% | 10/1/19 | 1,525 | 1,589 |
Newmont Mining Corp. | 5.875% | 4/1/35 | 600 | 727 |
Newmont Mining Corp. | 6.250% | 10/1/39 | 6,626 | 8,457 |
Newmont Mining Corp. | 4.875% | 3/15/42 | 7,125 | 7,824 |
Nucor Corp. | 4.125% | 9/15/22 | 9,741 | 10,268 |
Nucor Corp. | 4.000% | 8/1/23 | 8,027 | 8,426 |
Nucor Corp. | 6.400% | 12/1/37 | 7,875 | 10,473 |
Nucor Corp. | 5.200% | 8/1/43 | 10,875 | 13,103 |
Packaging Corp. of America | 3.900% | 6/15/22 | 7,222 | 7,505 |
Packaging Corp. of America | 4.500% | 11/1/23 | 10,325 | 11,104 |
Packaging Corp. of America | 3.650% | 9/15/24 | 4,050 | 4,148 |
Packaging Corp. of America | 3.400% | 12/15/27 | 3,685 | 3,693 |
Placer Dome Inc. | 6.450% | 10/15/35 | 1,050 | 1,331 |
Potash Corp. of Saskatchewan Inc. | 6.500% | 5/15/19 | 1,077 | 1,132 |
Potash Corp. of Saskatchewan Inc. | 4.875% | 3/30/20 | 7,865 | 8,221 |
Potash Corp. of Saskatchewan Inc. | 3.000% | 4/1/25 | 4,000 | 3,900 |
Potash Corp. of Saskatchewan Inc. | 4.000% | 12/15/26 | 2,000 | 2,073 |
Potash Corp. of Saskatchewan Inc. | 5.625% | 12/1/40 | 4,375 | 5,248 |
PPG Industries Inc. | 2.300% | 11/15/19 | 3,600 | 3,599 |
Praxair Inc. | 4.500% | 8/15/19 | 800 | 829 |
Praxair Inc. | 2.250% | 9/24/20 | 1,500 | 1,497 |
Praxair Inc. | 4.050% | 3/15/21 | 50 | 52 |
Praxair Inc. | 3.000% | 9/1/21 | 8,125 | 8,259 |
Praxair Inc. | 2.450% | 2/15/22 | 15,971 | 16,005 |
Praxair Inc. | 2.200% | 8/15/22 | 10,393 | 10,260 |
Praxair Inc. | 2.650% | 2/5/25 | 3,400 | 3,360 |
Praxair Inc. | 3.200% | 1/30/26 | 3,000 | 3,081 |
Praxair Inc. | 3.550% | 11/7/42 | 2,500 | 2,511 |
Rayonier Inc. | 3.750% | 4/1/22 | 2,000 | 2,022 |
Reliance Steel & Aluminum Co. | 4.500% | 4/15/23 | 1,850 | 1,950 |
Rio Tinto Alcan Inc. | 6.125% | 12/15/33 | 3,144 | 3,954 |
Rio Tinto Alcan Inc. | 5.750% | 6/1/35 | 3,850 | 4,665 |
Rio Tinto Finance USA Ltd. | 4.125% | 5/20/21 | 4,225 | 4,433 |
Rio Tinto Finance USA Ltd. | 3.750% | 9/20/21 | 4,461 | 4,636 |
Rio Tinto Finance USA Ltd. | 3.750% | 6/15/25 | 39,090 | 40,942 |
Rio Tinto Finance USA Ltd. | 7.125% | 7/15/28 | 2,225 | 2,934 |
Rio Tinto Finance USA Ltd. | 5.200% | 11/2/40 | 4,685 | 5,693 |
Rio Tinto Finance USA plc | 3.500% | 3/22/22 | 163 | 168 |
Rio Tinto Finance USA plc | 2.875% | 8/21/22 | 376 | 378 |
Rio Tinto Finance USA plc | 4.750% | 3/22/42 | 5,975 | 6,906 |
Rio Tinto Finance USA plc | 4.125% | 8/21/42 | 11,000 | 11,826 |
Rohm & Haas Co. | 7.850% | 7/15/29 | 4,775 | 6,532 |
RPM International Inc. | 6.125% | 10/15/19 | 590 | 626 |
RPM International Inc. | 3.450% | 11/15/22 | 3,275 | 3,342 |
RPM International Inc. | 3.750% | 3/15/27 | 200 | 202 |
RPM International Inc. | 5.250% | 6/1/45 | 3,592 | 4,104 |
RPM International Inc. | 4.250% | 1/15/48 | 8,285 | 8,238 |
Sherwin-Williams Co. | 7.250% | 6/15/19 | 1,675 | 1,788 |
75
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Sherwin-Williams Co. | 2.250% | 5/15/20 | 6,500 | 6,479 | |
Sherwin-Williams Co. | 4.200% | 1/15/22 | 500 | 523 | |
Sherwin-Williams Co. | 2.750% | 6/1/22 | 9,490 | 9,457 | |
Sherwin-Williams Co. | 3.125% | 6/1/24 | 1,200 | 1,203 | |
Sherwin-Williams Co. | 3.450% | 8/1/25 | 5,425 | 5,481 | |
Sherwin-Williams Co. | 3.950% | 1/15/26 | 5,000 | 5,190 | |
Sherwin-Williams Co. | 3.450% | 6/1/27 | 2,500 | 2,535 | |
Sherwin-Williams Co. | 4.000% | 12/15/42 | 1,000 | 998 | |
Sherwin-Williams Co. | 4.550% | 8/1/45 | 1,590 | 1,723 | |
Sherwin-Williams Co. | 4.500% | 6/1/47 | 3,000 | 3,267 | |
Southern Copper Corp. | 5.375% | 4/16/20 | 200 | 213 | |
Southern Copper Corp. | 3.500% | 11/8/22 | 1,400 | 1,437 | |
Southern Copper Corp. | 3.875% | 4/23/25 | 2,600 | 2,701 | |
Southern Copper Corp. | 7.500% | 7/27/35 | 3,575 | 4,844 | |
Southern Copper Corp. | 6.750% | 4/16/40 | 1,450 | 1,886 | |
Southern Copper Corp. | 5.250% | 11/8/42 | 16,725 | 18,713 | |
Southern Copper Corp. | 5.875% | 4/23/45 | 18,075 | 21,851 | |
Syngenta Finance NV | 3.125% | 3/28/22 | 2,250 | 2,180 | |
Syngenta Finance NV | 4.375% | 3/28/42 | 1,550 | 1,327 | |
Vale Canada Ltd. | 7.200% | 9/15/32 | 3,241 | 3,731 | |
Vale Overseas Ltd. | 5.875% | 6/10/21 | 29,900 | 32,628 | |
Vale Overseas Ltd. | 4.375% | 1/11/22 | 26,375 | 27,298 | |
Vale Overseas Ltd. | 6.250% | 8/10/26 | 21,400 | 24,797 | |
Vale Overseas Ltd. | 8.250% | 1/17/34 | 800 | 1,059 | |
Vale Overseas Ltd. | 6.875% | 11/21/36 | 8,910 | 10,926 | |
Vale Overseas Ltd. | 6.875% | 11/10/39 | 10,265 | 12,549 | |
Vale SA | 5.625% | 9/11/42 | 18,115 | 19,836 | |
Westlake Chemical Corp. | 4.625% | 2/15/21 | 3,000 | 3,075 | |
Westlake Chemical Corp. | 3.600% | 8/15/26 | 18,200 | 18,409 | |
Westlake Chemical Corp. | 5.000% | 8/15/46 | 12,400 | 13,922 | |
10 | WestRock Co. | 3.000% | 9/15/24 | 5,475 | 5,401 |
10 | WestRock Co. | 3.375% | 9/15/27 | 4,700 | 4,663 |
Westrock MWV LLC | 8.200% | 1/15/30 | 5,804 | 8,145 | |
WestRock RKT Co. | 4.450% | 3/1/19 | 1,750 | 1,787 | |
WestRock RKT Co. | 3.500% | 3/1/20 | 2,000 | 2,036 | |
WestRock RKT Co. | 4.900% | 3/1/22 | 2,000 | 2,152 | |
WestRock RKT Co. | 4.000% | 3/1/23 | 3,500 | 3,626 | |
Weyerhaeuser Co. | 7.375% | 10/1/19 | 5,039 | 5,450 | |
Weyerhaeuser Co. | 4.700% | 3/15/21 | 445 | 468 | |
Weyerhaeuser Co. | 3.250% | 3/15/23 | 500 | 505 | |
Weyerhaeuser Co. | 4.625% | 9/15/23 | 8,125 | 8,726 | |
Weyerhaeuser Co. | 8.500% | 1/15/25 | 800 | 1,036 | |
Weyerhaeuser Co. | 7.375% | 3/15/32 | 3,625 | 5,005 | |
Weyerhaeuser Co. | 6.875% | 12/15/33 | 1,000 | 1,299 | |
Yamana Gold Inc. | 4.950% | 7/15/24 | 1,870 | 1,952 | |
10 | Yamana Gold Inc. | 4.625% | 12/15/27 | 4,000 | 3,990 |
Capital Goods (1.4%) | |||||
3M Co. | 2.000% | 8/7/20 | 3,660 | 3,639 | |
3M Co. | 1.625% | 9/19/21 | 4,175 | 4,048 | |
3M Co. | 2.000% | 6/26/22 | 3,500 | 3,430 | |
3M Co. | 2.250% | 3/15/23 | 3,950 | 3,914 | |
3M Co. | 3.000% | 8/7/25 | 3,450 | 3,491 | |
3M Co. | 2.250% | 9/19/26 | 6,000 | 5,691 |
76
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
3M Co. | 2.875% | 10/15/27 | 6,000 | 5,965 |
3M Co. | 3.125% | 9/19/46 | 5,500 | 5,154 |
3M Co. | 3.625% | 10/15/47 | 4,250 | 4,359 |
ABB Finance USA Inc. | 2.875% | 5/8/22 | 4,860 | 4,942 |
ABB Finance USA Inc. | 4.375% | 5/8/42 | 1,050 | 1,126 |
Acuity Brands Lighting Inc. | 6.000% | 12/15/19 | 800 | 851 |
Allegion US Holding Co. Inc. | 3.200% | 10/1/24 | 900 | 893 |
Allegion US Holding Co. Inc. | 3.550% | 10/1/27 | 3,100 | 3,049 |
Bemis Co. Inc. | 4.500% | 10/15/21 | 1,255 | 1,323 |
Bemis Co. Inc. | 3.100% | 9/15/26 | 2,350 | 2,260 |
Boeing Capital Corp. | 4.700% | 10/27/19 | 4,875 | 5,094 |
Boeing Co. | 6.000% | 3/15/19 | 4,625 | 4,840 |
Boeing Co. | 4.875% | 2/15/20 | 5,290 | 5,588 |
Boeing Co. | 1.650% | 10/30/20 | 4,190 | 4,123 |
Boeing Co. | 8.750% | 8/15/21 | 290 | 352 |
Boeing Co. | 2.350% | 10/30/21 | 2,000 | 2,001 |
Boeing Co. | 2.125% | 3/1/22 | 4,900 | 4,859 |
Boeing Co. | 1.875% | 6/15/23 | 4,950 | 4,760 |
Boeing Co. | 7.950% | 8/15/24 | 1,335 | 1,740 |
Boeing Co. | 2.850% | 10/30/24 | 4,225 | 4,252 |
Boeing Co. | 2.500% | 3/1/25 | 580 | 565 |
Boeing Co. | 7.250% | 6/15/25 | 325 | 412 |
Boeing Co. | 2.600% | 10/30/25 | 5,000 | 4,904 |
Boeing Co. | 2.250% | 6/15/26 | 1,750 | 1,660 |
Boeing Co. | 2.800% | 3/1/27 | 2,250 | 2,229 |
Boeing Co. | 6.125% | 2/15/33 | 6,075 | 8,101 |
Boeing Co. | 3.300% | 3/1/35 | 2,000 | 1,968 |
Boeing Co. | 6.625% | 2/15/38 | 525 | 743 |
Boeing Co. | 6.875% | 3/15/39 | 1,585 | 2,328 |
Boeing Co. | 5.875% | 2/15/40 | 980 | 1,303 |
Boeing Co. | 3.375% | 6/15/46 | 4,000 | 3,880 |
Boeing Co. | 3.650% | 3/1/47 | 1,950 | 1,959 |
Carlisle Cos. Inc. | 3.750% | 11/15/22 | 1,650 | 1,691 |
Carlisle Cos. Inc. | 3.500% | 12/1/24 | 1,800 | 1,810 |
Carlisle Cos. Inc. | 3.750% | 12/1/27 | 2,850 | 2,879 |
Caterpillar Financial Services Corp. | 7.150% | 2/15/19 | 10,490 | 11,067 |
Caterpillar Financial Services Corp. | 1.350% | 5/18/19 | 2,700 | 2,675 |
Caterpillar Financial Services Corp. | 2.100% | 6/9/19 | 2,202 | 2,203 |
Caterpillar Financial Services Corp. | 2.000% | 11/29/19 | 10,700 | 10,669 |
Caterpillar Financial Services Corp. | 2.250% | 12/1/19 | 5,400 | 5,407 |
Caterpillar Financial Services Corp. | 2.100% | 1/10/20 | 6,500 | 6,486 |
Caterpillar Financial Services Corp. | 2.000% | 3/5/20 | 2,500 | 2,487 |
Caterpillar Financial Services Corp. | 1.850% | 9/4/20 | 9,625 | 9,469 |
Caterpillar Financial Services Corp. | 2.500% | 11/13/20 | 2,500 | 2,508 |
Caterpillar Financial Services Corp. | 1.700% | 8/9/21 | 11,800 | 11,483 |
Caterpillar Financial Services Corp. | 2.750% | 8/20/21 | 1,300 | 1,309 |
Caterpillar Financial Services Corp. | 1.931% | 10/1/21 | 8,038 | 7,860 |
Caterpillar Financial Services Corp. | 2.850% | 6/1/22 | 4,604 | 4,653 |
Caterpillar Financial Services Corp. | 2.400% | 6/6/22 | 16,900 | 16,784 |
Caterpillar Financial Services Corp. | 2.550% | 11/29/22 | 8,000 | 7,958 |
Caterpillar Financial Services Corp. | 2.625% | 3/1/23 | 1,600 | 1,593 |
Caterpillar Financial Services Corp. | 3.300% | 6/9/24 | 4,175 | 4,288 |
Caterpillar Financial Services Corp. | 3.250% | 12/1/24 | 3,900 | 3,986 |
Caterpillar Financial Services Corp. | 2.400% | 8/9/26 | 2,300 | 2,202 |
77
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Caterpillar Inc. | 3.900% | 5/27/21 | 6,447 | 6,755 | |
Caterpillar Inc. | 2.600% | 6/26/22 | 4,925 | 4,928 | |
Caterpillar Inc. | 3.400% | 5/15/24 | 10,500 | 10,877 | |
Caterpillar Inc. | 6.050% | 8/15/36 | 8,816 | 11,808 | |
Caterpillar Inc. | 5.200% | 5/27/41 | 4,772 | 5,987 | |
Caterpillar Inc. | 3.803% | 8/15/42 | 15,154 | 16,157 | |
Caterpillar Inc. | 4.300% | 5/15/44 | 3,950 | 4,541 | |
Caterpillar Inc. | 4.750% | 5/15/64 | 850 | 997 | |
CNH Industrial Capital LLC | 4.375% | 11/6/20 | 5,350 | 5,551 | |
CNH Industrial Capital LLC | 4.375% | 4/5/22 | 2,000 | 2,072 | |
CNH Industrial NV | 3.850% | 11/15/27 | 9,000 | 8,977 | |
Crane Co. | 4.450% | 12/15/23 | 5,690 | 5,955 | |
CRH America Inc. | 5.750% | 1/15/21 | 3,415 | 3,698 | |
Deere & Co. | 2.600% | 6/8/22 | 6,365 | 6,377 | |
Deere & Co. | 5.375% | 10/16/29 | 4,095 | 4,957 | |
Deere & Co. | 8.100% | 5/15/30 | 2,711 | 3,895 | |
Deere & Co. | 3.900% | 6/9/42 | 3,562 | 3,854 | |
Dover Corp. | 4.300% | 3/1/21 | 1,780 | 1,876 | |
Dover Corp. | 3.150% | 11/15/25 | 10,000 | 10,136 | |
Dover Corp. | 6.600% | 3/15/38 | 1,475 | 1,997 | |
Dover Corp. | 5.375% | 3/1/41 | 795 | 975 | |
Eaton Corp. | 2.750% | 11/2/22 | 13,894 | 13,910 | |
Eaton Corp. | 3.103% | 9/15/27 | 6,275 | 6,163 | |
Eaton Corp. | 4.000% | 11/2/32 | 5,350 | 5,560 | |
Eaton Corp. | 4.150% | 11/2/42 | 1,050 | 1,089 | |
Eaton Corp. | 3.915% | 9/15/47 | 3,800 | 3,788 | |
Embraer Netherlands Finance BV | 5.050% | 6/15/25 | 6,400 | 6,798 | |
Embraer Netherlands Finance BV | 5.400% | 2/1/27 | 5,100 | 5,500 | |
10 | Embraer Overseas Ltd. | 5.696% | 9/16/23 | 3,340 | 3,668 |
Embraer SA | 5.150% | 6/15/22 | 3,850 | 4,102 | |
Emerson Electric Co. | 4.875% | 10/15/19 | 275 | 288 | |
Emerson Electric Co. | 4.250% | 11/15/20 | 1,307 | 1,376 | |
Emerson Electric Co. | 2.625% | 12/1/21 | 10,900 | 11,001 | |
Emerson Electric Co. | 2.625% | 2/15/23 | 3,450 | 3,439 | |
Emerson Electric Co. | 3.150% | 6/1/25 | 1,700 | 1,720 | |
Emerson Electric Co. | 6.000% | 8/15/32 | 925 | 1,137 | |
Emerson Electric Co. | 5.250% | 11/15/39 | 440 | 520 | |
Exelis Inc. | 5.550% | 10/1/21 | 175 | 192 | |
FLIR Systems Inc. | 3.125% | 6/15/21 | 1,500 | 1,507 | |
Flowserve Corp. | 3.500% | 9/15/22 | 13,705 | 13,779 | |
Flowserve Corp. | 4.000% | 11/15/23 | 4,575 | 4,679 | |
Fortive Corp. | 1.800% | 6/15/19 | 1,000 | 993 | |
Fortive Corp. | 2.350% | 6/15/21 | 5,022 | 4,964 | |
Fortive Corp. | 3.150% | 6/15/26 | 5,500 | 5,470 | |
Fortive Corp. | 4.300% | 6/15/46 | 7,600 | 8,102 | |
Fortune Brands Home & Security Inc. | 3.000% | 6/15/20 | 3,000 | 3,027 | |
Fortune Brands Home & Security Inc. | 4.000% | 6/15/25 | 1,200 | 1,251 | |
General Dynamics Corp. | 3.875% | 7/15/21 | 3,925 | 4,107 | |
General Dynamics Corp. | 2.250% | 11/15/22 | 6,822 | 6,715 | |
General Dynamics Corp. | 1.875% | 8/15/23 | 5,100 | 4,873 | |
General Dynamics Corp. | 2.375% | 11/15/24 | 7,000 | 6,830 | |
General Dynamics Corp. | 2.125% | 8/15/26 | 3,000 | 2,810 | |
General Dynamics Corp. | 2.625% | 11/15/27 | 8,665 | 8,371 | |
General Dynamics Corp. | 3.600% | 11/15/42 | 4,064 | 4,115 |
78
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
General Electric Co. | 6.000% | 8/7/19 | 9,770 | 10,329 | |
General Electric Co. | 2.100% | 12/11/19 | 900 | 899 | |
General Electric Co. | 5.500% | 1/8/20 | 12,432 | 13,196 | |
General Electric Co. | 2.200% | 1/9/20 | 9,759 | 9,725 | |
General Electric Co. | 5.550% | 5/4/20 | 3,482 | 3,728 | |
General Electric Co. | 4.375% | 9/16/20 | 12,222 | 12,824 | |
General Electric Co. | 4.625% | 1/7/21 | 6,728 | 7,125 | |
General Electric Co. | 5.300% | 2/11/21 | 6,282 | 6,757 | |
General Electric Co. | 4.650% | 10/17/21 | 8,692 | 9,313 | |
General Electric Co. | 3.150% | 9/7/22 | 7,106 | 7,219 | |
General Electric Co. | 2.700% | 10/9/22 | 28,190 | 28,133 | |
General Electric Co. | 3.100% | 1/9/23 | 10,273 | 10,424 | |
General Electric Co. | 3.375% | 3/11/24 | 5,300 | 5,452 | |
General Electric Co. | 3.450% | 5/15/24 | 6,592 | 6,796 | |
General Electric Co. | 6.750% | 3/15/32 | 16,609 | 22,742 | |
General Electric Co. | 6.150% | 8/7/37 | 6,696 | 8,897 | |
General Electric Co. | 5.875% | 1/14/38 | 25,970 | 33,501 | |
General Electric Co. | 6.875% | 1/10/39 | 12,153 | 17,477 | |
General Electric Co. | 4.125% | 10/9/42 | 24,700 | 25,885 | |
General Electric Co. | 4.500% | 3/11/44 | 18,345 | 20,322 | |
Harris Corp. | 2.700% | 4/27/20 | 2,000 | 2,006 | |
Harris Corp. | 4.400% | 12/15/20 | 5,298 | 5,553 | |
Harris Corp. | 3.832% | 4/27/25 | 9,659 | 9,987 | |
Harris Corp. | 4.854% | 4/27/35 | 4,300 | 4,799 | |
Harris Corp. | 6.150% | 12/15/40 | 1,125 | 1,413 | |
Harris Corp. | 5.054% | 4/27/45 | 2,795 | 3,280 | |
Hexcel Corp. | 4.700% | 8/15/25 | 1,450 | 1,551 | |
Honeywell International Inc. | 1.400% | 10/30/19 | 4,300 | 4,254 | |
Honeywell International Inc. | 1.800% | 10/30/19 | 5,800 | 5,771 | |
Honeywell International Inc. | 4.250% | 3/1/21 | 10,205 | 10,794 | |
Honeywell International Inc. | 1.850% | 11/1/21 | 5,600 | 5,493 | |
Honeywell International Inc. | 3.350% | 12/1/23 | 10,025 | 10,426 | |
Honeywell International Inc. | 2.500% | 11/1/26 | 5,500 | 5,299 | |
Honeywell International Inc. | 5.700% | 3/15/36 | 1,580 | 2,049 | |
Honeywell International Inc. | 5.700% | 3/15/37 | 4,595 | 6,005 | |
Honeywell International Inc. | 5.375% | 3/1/41 | 8,345 | 10,669 | |
Hubbell Inc. | 3.350% | 3/1/26 | 2,800 | 2,829 | |
Hubbell Inc. | 3.150% | 8/15/27 | 1,500 | 1,488 | |
10 | Huntington Ingalls Industries Inc. | 3.483% | 12/1/27 | 4,000 | 3,990 |
Illinois Tool Works Inc. | 1.950% | 3/1/19 | 3,400 | 3,392 | |
Illinois Tool Works Inc. | 6.250% | 4/1/19 | 6,925 | 7,272 | |
Illinois Tool Works Inc. | 3.375% | 9/15/21 | 1,895 | 1,943 | |
Illinois Tool Works Inc. | 3.500% | 3/1/24 | 7,687 | 8,036 | |
Illinois Tool Works Inc. | 2.650% | 11/15/26 | 9,800 | 9,554 | |
Illinois Tool Works Inc. | 4.875% | 9/15/41 | 3,595 | 4,325 | |
Illinois Tool Works Inc. | 3.900% | 9/1/42 | 11,217 | 11,927 | |
Ingersoll-Rand Global Holding Co. Ltd. | 2.875% | 1/15/19 | 2,045 | 2,056 | |
Ingersoll-Rand Global Holding Co. Ltd. | 4.250% | 6/15/23 | 12,575 | 13,350 | |
Ingersoll-Rand Global Holding Co. Ltd. | 5.750% | 6/15/43 | 1,125 | 1,414 | |
Ingersoll-Rand Luxembourg Finance SA | 2.625% | 5/1/20 | 2,000 | 2,001 | |
Ingersoll-Rand Luxembourg Finance SA | 3.550% | 11/1/24 | 2,250 | 2,322 | |
Ingersoll-Rand Luxembourg Finance SA | 4.650% | 11/1/44 | 4,700 | 5,213 | |
John Deere Capital Corp. | 1.950% | 1/8/19 | 5,200 | 5,190 | |
John Deere Capital Corp. | 1.950% | 3/4/19 | 3,100 | 3,098 |
79
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
John Deere Capital Corp. | 2.250% | 4/17/19 | 1,275 | 1,278 |
John Deere Capital Corp. | 1.250% | 10/9/19 | 11,550 | 11,370 |
John Deere Capital Corp. | 1.700% | 1/15/20 | 5,400 | 5,347 |
John Deere Capital Corp. | 2.050% | 3/10/20 | 5,425 | 5,407 |
John Deere Capital Corp. | 2.200% | 3/13/20 | 2,950 | 2,944 |
John Deere Capital Corp. | 1.950% | 6/22/20 | 4,000 | 3,967 |
John Deere Capital Corp. | 2.450% | 9/11/20 | 2,125 | 2,128 |
John Deere Capital Corp. | 2.550% | 1/8/21 | 8,650 | 8,686 |
John Deere Capital Corp. | 2.800% | 3/4/21 | 5,000 | 5,052 |
John Deere Capital Corp. | 3.900% | 7/12/21 | 8,268 | 8,666 |
John Deere Capital Corp. | 3.150% | 10/15/21 | 8,816 | 9,030 |
John Deere Capital Corp. | 2.650% | 1/6/22 | 7,350 | 7,390 |
John Deere Capital Corp. | 2.750% | 3/15/22 | 2,250 | 2,260 |
John Deere Capital Corp. | 2.150% | 9/8/22 | 10,000 | 9,770 |
John Deere Capital Corp. | 2.800% | 1/27/23 | 7,815 | 7,839 |
John Deere Capital Corp. | 2.800% | 3/6/23 | 10,450 | 10,457 |
John Deere Capital Corp. | 3.350% | 6/12/24 | 9,781 | 10,070 |
John Deere Capital Corp. | 2.650% | 6/24/24 | 3,000 | 2,960 |
John Deere Capital Corp. | 3.400% | 9/11/25 | 1,750 | 1,804 |
John Deere Capital Corp. | 2.650% | 6/10/26 | 2,000 | 1,952 |
John Deere Capital Corp. | 2.800% | 9/8/27 | 4,100 | 4,016 |
Johnson Controls International plc | 5.000% | 3/30/20 | 2,100 | 2,214 |
Johnson Controls International plc | 4.250% | 3/1/21 | 5,305 | 5,555 |
Johnson Controls International plc | 3.750% | 12/1/21 | 1,425 | 1,473 |
Johnson Controls International plc | 3.625% | 7/2/24 | 5,225 | 5,415 |
Johnson Controls International plc | 3.900% | 2/14/26 | 6,950 | 7,267 |
Johnson Controls International plc | 6.000% | 1/15/36 | 950 | 1,181 |
Johnson Controls International plc | 5.700% | 3/1/41 | 1,045 | 1,227 |
Johnson Controls International plc | 4.625% | 7/2/44 | 2,500 | 2,752 |
Johnson Controls International plc | 5.125% | 9/14/45 | 6,105 | 7,199 |
Johnson Controls International plc | 4.500% | 2/15/47 | 5,095 | 5,528 |
Johnson Controls International plc | 4.950% | 7/2/64 | 2,625 | 2,902 |
Kennametal Inc. | 2.650% | 11/1/19 | 3,678 | 3,670 |
Kennametal Inc. | 3.875% | 2/15/22 | 1,550 | 1,562 |
L3 Technologies Inc. | 5.200% | 10/15/19 | 6,555 | 6,869 |
L3 Technologies Inc. | 4.750% | 7/15/20 | 7,350 | 7,730 |
L3 Technologies Inc. | 4.950% | 2/15/21 | 7,100 | 7,523 |
L3 Technologies Inc. | 3.950% | 5/28/24 | 1,830 | 1,901 |
L3 Technologies Inc. | 3.850% | 12/15/26 | 5,500 | 5,658 |
Lafarge SA | 7.125% | 7/15/36 | 2,900 | 3,799 |
Leggett & Platt Inc. | 3.800% | 11/15/24 | 3,725 | 3,792 |
Leggett & Platt Inc. | 3.500% | 11/15/27 | 11,000 | 10,887 |
Legrand France SA | 8.500% | 2/15/25 | 2,150 | 2,779 |
Lennox International Inc. | 3.000% | 11/15/23 | 1,000 | 989 |
Lockheed Martin Corp. | 4.250% | 11/15/19 | 5,418 | 5,623 |
Lockheed Martin Corp. | 2.500% | 11/23/20 | 7,570 | 7,627 |
Lockheed Martin Corp. | 3.350% | 9/15/21 | 19,354 | 19,894 |
Lockheed Martin Corp. | 3.100% | 1/15/23 | 7,230 | 7,343 |
Lockheed Martin Corp. | 2.900% | 3/1/25 | 425 | 423 |
Lockheed Martin Corp. | 3.550% | 1/15/26 | 15,950 | 16,555 |
Lockheed Martin Corp. | 3.600% | 3/1/35 | 9,240 | 9,259 |
Lockheed Martin Corp. | 4.500% | 5/15/36 | 2,600 | 2,907 |
Lockheed Martin Corp. | 6.150% | 9/1/36 | 7,985 | 10,548 |
Lockheed Martin Corp. | 5.720% | 6/1/40 | 3,226 | 4,118 |
80
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Lockheed Martin Corp. | 4.850% | 9/15/41 | 5,025 | 5,722 |
Lockheed Martin Corp. | 4.070% | 12/15/42 | 2,000 | 2,102 |
Lockheed Martin Corp. | 3.800% | 3/1/45 | 1,575 | 1,587 |
Lockheed Martin Corp. | 4.700% | 5/15/46 | 15,250 | 17,726 |
Lockheed Martin Corp. | 4.090% | 9/15/52 | 6,786 | 7,104 |
Martin Marietta Materials Inc. | 4.250% | 7/2/24 | 1,370 | 1,444 |
Martin Marietta Materials Inc. | 3.450% | 6/1/27 | 3,125 | 3,084 |
Martin Marietta Materials Inc. | 3.500% | 12/15/27 | 5,000 | 4,962 |
Martin Marietta Materials Inc. | 4.250% | 12/15/47 | 7,500 | 7,421 |
Masco Corp. | 7.125% | 3/15/20 | 583 | 636 |
Masco Corp. | 3.500% | 4/1/21 | 2,730 | 2,776 |
Masco Corp. | 5.950% | 3/15/22 | 583 | 646 |
Masco Corp. | 4.450% | 4/1/25 | 4,700 | 4,989 |
Masco Corp. | 4.375% | 4/1/26 | 4,300 | 4,541 |
Masco Corp. | 3.500% | 11/15/27 | 2,550 | 2,511 |
Masco Corp. | 7.750% | 8/1/29 | 561 | 731 |
Masco Corp. | 6.500% | 8/15/32 | 54 | 66 |
Masco Corp. | 4.500% | 5/15/47 | 5,000 | 5,104 |
Mohawk Industries Inc. | 3.850% | 2/1/23 | 6,175 | 6,383 |
Northrop Grumman Corp. | 2.080% | 10/15/20 | 9,500 | 9,421 |
Northrop Grumman Corp. | 3.500% | 3/15/21 | 4,650 | 4,787 |
Northrop Grumman Corp. | 2.550% | 10/15/22 | 17,900 | 17,744 |
Northrop Grumman Corp. | 3.250% | 8/1/23 | 11,675 | 11,911 |
Northrop Grumman Corp. | 2.930% | 1/15/25 | 15,900 | 15,744 |
Northrop Grumman Corp. | 3.200% | 2/1/27 | 10,000 | 10,036 |
Northrop Grumman Corp. | 3.250% | 1/15/28 | 20,700 | 20,742 |
Northrop Grumman Corp. | 5.050% | 11/15/40 | 1,775 | 2,087 |
Northrop Grumman Corp. | 4.750% | 6/1/43 | 2,940 | 3,386 |
Northrop Grumman Corp. | 3.850% | 4/15/45 | 1,900 | 1,925 |
Northrop Grumman Corp. | 4.030% | 10/15/47 | 24,525 | 25,642 |
Northrop Grumman Systems Corp. | 7.750% | 2/15/31 | 2,670 | 3,805 |
Owens Corning | 4.200% | 12/15/22 | 19,761 | 20,710 |
Owens Corning | 3.400% | 8/15/26 | 1,400 | 1,375 |
Owens Corning | 7.000% | 12/1/36 | 3,752 | 4,924 |
Owens Corning | 4.300% | 7/15/47 | 1,350 | 1,327 |
Parker-Hannifin Corp. | 3.500% | 9/15/22 | 10,521 | 10,855 |
Parker-Hannifin Corp. | 3.300% | 11/21/24 | 11,500 | 11,753 |
Parker-Hannifin Corp. | 3.250% | 3/1/27 | 10,575 | 10,663 |
Parker-Hannifin Corp. | 4.200% | 11/21/34 | 2,800 | 3,032 |
Parker-Hannifin Corp. | 6.250% | 5/15/38 | 550 | 726 |
Parker-Hannifin Corp. | 4.450% | 11/21/44 | 4,850 | 5,401 |
Parker-Hannifin Corp. | 4.100% | 3/1/47 | 3,475 | 3,726 |
Pentair Finance SA | 2.650% | 12/1/19 | 1,750 | 1,727 |
Precision Castparts Corp. | 2.250% | 6/15/20 | 1,345 | 1,347 |
Precision Castparts Corp. | 2.500% | 1/15/23 | 23,770 | 23,587 |
Precision Castparts Corp. | 3.250% | 6/15/25 | 10,550 | 10,793 |
Precision Castparts Corp. | 4.200% | 6/15/35 | 1,250 | 1,334 |
Precision Castparts Corp. | 3.900% | 1/15/43 | 6,075 | 6,289 |
Precision Castparts Corp. | 4.375% | 6/15/45 | 5,962 | 6,674 |
Raytheon Co. | 4.400% | 2/15/20 | 500 | 523 |
Raytheon Co. | 3.125% | 10/15/20 | 8,325 | 8,516 |
Raytheon Co. | 2.500% | 12/15/22 | 16,975 | 16,908 |
Raytheon Co. | 3.150% | 12/15/24 | 2,300 | 2,347 |
Raytheon Co. | 7.200% | 8/15/27 | 2,010 | 2,676 |
81
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Raytheon Co. | 4.875% | 10/15/40 | 450 | 541 |
Raytheon Co. | 4.700% | 12/15/41 | 6,350 | 7,484 |
Raytheon Co. | 4.200% | 12/15/44 | 2,900 | 3,240 |
Republic Services Inc. | 5.500% | 9/15/19 | 6,245 | 6,575 |
Republic Services Inc. | 5.000% | 3/1/20 | 5,200 | 5,474 |
Republic Services Inc. | 5.250% | 11/15/21 | 8,838 | 9,658 |
Republic Services Inc. | 3.550% | 6/1/22 | 475 | 489 |
Republic Services Inc. | 4.750% | 5/15/23 | 525 | 572 |
Republic Services Inc. | 3.200% | 3/15/25 | 1,500 | 1,506 |
Republic Services Inc. | 2.900% | 7/1/26 | 8,525 | 8,315 |
Republic Services Inc. | 6.200% | 3/1/40 | 3,440 | 4,477 |
Republic Services Inc. | 5.700% | 5/15/41 | 5,450 | 6,777 |
Rockwell Automation Inc. | 2.050% | 3/1/20 | 3,800 | 3,768 |
Rockwell Collins Inc. | 1.950% | 7/15/19 | 500 | 498 |
Rockwell Collins Inc. | 5.250% | 7/15/19 | 275 | 287 |
Rockwell Collins Inc. | 3.100% | 11/15/21 | 1,000 | 1,011 |
Rockwell Collins Inc. | 2.800% | 3/15/22 | 7,000 | 7,007 |
Rockwell Collins Inc. | 3.700% | 12/15/23 | 2,775 | 2,866 |
Rockwell Collins Inc. | 3.200% | 3/15/24 | 12,000 | 12,077 |
Rockwell Collins Inc. | 3.500% | 3/15/27 | 11,500 | 11,677 |
Rockwell Collins Inc. | 4.800% | 12/15/43 | 1,250 | 1,427 |
Rockwell Collins Inc. | 4.350% | 4/15/47 | 8,575 | 9,287 |
Roper Technologies Inc. | 6.250% | 9/1/19 | 5,500 | 5,845 |
Roper Technologies Inc. | 3.000% | 12/15/20 | 100 | 101 |
Roper Technologies Inc. | 2.800% | 12/15/21 | 10,480 | 10,486 |
Roper Technologies Inc. | 3.125% | 11/15/22 | 400 | 403 |
Roper Technologies Inc. | 3.850% | 12/15/25 | 1,925 | 1,988 |
Roper Technologies Inc. | 3.800% | 12/15/26 | 6,160 | 6,351 |
Snap-on Inc. | 6.125% | 9/1/21 | 3,135 | 3,530 |
Snap-on Inc. | 3.250% | 3/1/27 | 1,900 | 1,929 |
Sonoco Products Co. | 5.750% | 11/1/40 | 4,085 | 4,898 |
Spirit AeroSystems Inc. | 5.250% | 3/15/22 | 2,250 | 2,323 |
Spirit AeroSystems Inc. | 3.850% | 6/15/26 | 8,680 | 8,775 |
Stanley Black & Decker Inc. | 1.622% | 11/17/18 | 3,000 | 2,987 |
Stanley Black & Decker Inc. | 2.451% | 11/17/18 | 3,500 | 3,511 |
Stanley Black & Decker Inc. | 3.400% | 12/1/21 | 4,075 | 4,198 |
Stanley Black & Decker Inc. | 2.900% | 11/1/22 | 3,000 | 3,013 |
Textron Inc. | 4.300% | 3/1/24 | 2,675 | 2,836 |
Textron Inc. | 3.875% | 3/1/25 | 2,600 | 2,695 |
Textron Inc. | 4.000% | 3/15/26 | 11,100 | 11,569 |
Textron Inc. | 3.650% | 3/15/27 | 1,750 | 1,771 |
Textron Inc. | 3.375% | 3/1/28 | 4,000 | 3,973 |
The Timken Co. | 3.875% | 9/1/24 | 1,000 | 1,004 |
United Technologies Corp. | 1.500% | 11/1/19 | 4,000 | 3,953 |
United Technologies Corp. | 4.500% | 4/15/20 | 7,255 | 7,608 |
United Technologies Corp. | 1.900% | 5/4/20 | 8,600 | 8,513 |
United Technologies Corp. | 1.950% | 11/1/21 | 10,750 | 10,483 |
United Technologies Corp. | 3.100% | 6/1/22 | 14,043 | 14,302 |
United Technologies Corp. | 2.800% | 5/4/24 | 10,500 | 10,419 |
United Technologies Corp. | 2.650% | 11/1/26 | 4,075 | 3,921 |
United Technologies Corp. | 3.125% | 5/4/27 | 6,250 | 6,240 |
United Technologies Corp. | 6.700% | 8/1/28 | 325 | 416 |
United Technologies Corp. | 7.500% | 9/15/29 | 3,775 | 5,195 |
United Technologies Corp. | 5.400% | 5/1/35 | 700 | 835 |
82
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
United Technologies Corp. | 6.050% | 6/1/36 | 4,815 | 6,178 |
United Technologies Corp. | 6.125% | 7/15/38 | 10,850 | 14,417 |
United Technologies Corp. | 5.700% | 4/15/40 | 9,325 | 11,867 |
United Technologies Corp. | 4.500% | 6/1/42 | 23,840 | 26,343 |
United Technologies Corp. | 4.150% | 5/15/45 | 8,400 | 8,921 |
United Technologies Corp. | 3.750% | 11/1/46 | 12,200 | 12,043 |
United Technologies Corp. | 4.050% | 5/4/47 | 2,100 | 2,198 |
Vulcan Materials Co. | 4.500% | 4/1/25 | 2,750 | 2,924 |
Vulcan Materials Co. | 4.500% | 6/15/47 | 6,455 | 6,578 |
Wabtec Corp. | 3.450% | 11/15/26 | 4,200 | 4,098 |
Waste Management Inc. | 4.750% | 6/30/20 | 4,700 | 4,977 |
Waste Management Inc. | 4.600% | 3/1/21 | 6,375 | 6,766 |
Waste Management Inc. | 2.400% | 5/15/23 | 4,775 | 4,682 |
Waste Management Inc. | 3.500% | 5/15/24 | 5,785 | 5,991 |
Waste Management Inc. | 3.125% | 3/1/25 | 7,735 | 7,790 |
Waste Management Inc. | 3.150% | 11/15/27 | 4,000 | 3,982 |
Waste Management Inc. | 3.900% | 3/1/35 | 4,785 | 5,021 |
Waste Management Inc. | 4.100% | 3/1/45 | 6,250 | 6,694 |
WW Grainger Inc. | 4.600% | 6/15/45 | 11,325 | 12,505 |
WW Grainger Inc. | 3.750% | 5/15/46 | 2,300 | 2,209 |
Xylem Inc. | 3.250% | 11/1/26 | 1,800 | 1,790 |
Xylem Inc. | 4.375% | 11/1/46 | 3,180 | 3,409 |
Communication (2.6%) | ||||
21st Century Fox America Inc. | 6.900% | 3/1/19 | 4,090 | 4,305 |
21st Century Fox America Inc. | 4.500% | 2/15/21 | 6,125 | 6,482 |
21st Century Fox America Inc. | 3.000% | 9/15/22 | 27,214 | 27,518 |
21st Century Fox America Inc. | 4.000% | 10/1/23 | 825 | 866 |
21st Century Fox America Inc. | 3.700% | 9/15/24 | 5,500 | 5,730 |
21st Century Fox America Inc. | 3.700% | 10/15/25 | 3,000 | 3,131 |
21st Century Fox America Inc. | 3.375% | 11/15/26 | 8,000 | 8,179 |
21st Century Fox America Inc. | 6.550% | 3/15/33 | 2,365 | 3,093 |
21st Century Fox America Inc. | 6.200% | 12/15/34 | 6,250 | 8,054 |
21st Century Fox America Inc. | 6.400% | 12/15/35 | 13,150 | 17,542 |
21st Century Fox America Inc. | 8.150% | 10/17/36 | 3,245 | 4,953 |
21st Century Fox America Inc. | 6.150% | 3/1/37 | 7,250 | 9,491 |
21st Century Fox America Inc. | 6.650% | 11/15/37 | 6,250 | 8,607 |
21st Century Fox America Inc. | 6.900% | 8/15/39 | 4,775 | 6,746 |
21st Century Fox America Inc. | 6.150% | 2/15/41 | 11,925 | 16,024 |
21st Century Fox America Inc. | 5.400% | 10/1/43 | 5,883 | 7,294 |
21st Century Fox America Inc. | 4.750% | 9/15/44 | 11,540 | 13,216 |
21st Century Fox America Inc. | 4.950% | 10/15/45 | 2,185 | 2,583 |
21st Century Fox America Inc. | 7.750% | 12/1/45 | 3,150 | 4,932 |
Activision Blizzard Inc. | 2.300% | 9/15/21 | 5,500 | 5,434 |
Activision Blizzard Inc. | 2.600% | 6/15/22 | 4,200 | 4,154 |
Activision Blizzard Inc. | 3.400% | 9/15/26 | 13,960 | 14,070 |
Activision Blizzard Inc. | 3.400% | 6/15/27 | 4,500 | 4,509 |
Activision Blizzard Inc. | 4.500% | 6/15/47 | 6,350 | 6,655 |
America Movil SAB de CV | 5.000% | 10/16/19 | 8,200 | 8,583 |
America Movil SAB de CV | 5.000% | 3/30/20 | 17,168 | 18,053 |
America Movil SAB de CV | 3.125% | 7/16/22 | 12,825 | 12,961 |
America Movil SAB de CV | 6.375% | 3/1/35 | 6,475 | 8,209 |
America Movil SAB de CV | 6.125% | 11/15/37 | 2,700 | 3,385 |
America Movil SAB de CV | 6.125% | 3/30/40 | 16,990 | 21,618 |
83
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
America Movil SAB de CV | 4.375% | 7/16/42 | 9,000 | 9,504 | |
American Tower Corp. | 2.800% | 6/1/20 | 5,000 | 5,028 | |
American Tower Corp. | 5.050% | 9/1/20 | 1,200 | 1,273 | |
American Tower Corp. | 3.300% | 2/15/21 | 5,950 | 6,052 | |
American Tower Corp. | 3.450% | 9/15/21 | 7,650 | 7,801 | |
American Tower Corp. | 5.900% | 11/1/21 | 8,040 | 8,903 | |
American Tower Corp. | 2.250% | 1/15/22 | 3,000 | 2,920 | |
American Tower Corp. | 4.700% | 3/15/22 | 5,000 | 5,361 | |
American Tower Corp. | 3.500% | 1/31/23 | 19,930 | 20,352 | |
American Tower Corp. | 5.000% | 2/15/24 | 10,100 | 11,024 | |
American Tower Corp. | 4.000% | 6/1/25 | 5,750 | 5,926 | |
American Tower Corp. | 4.400% | 2/15/26 | 2,000 | 2,101 | |
American Tower Corp. | 3.375% | 10/15/26 | 2,515 | 2,466 | |
American Tower Corp. | 3.125% | 1/15/27 | 3,075 | 2,946 | |
American Tower Corp. | 3.550% | 7/15/27 | 7,625 | 7,525 | |
American Tower Corp. | 3.600% | 1/15/28 | 7,550 | 7,504 | |
AT&T Corp. | 8.250% | 11/15/31 | 5,035 | 6,983 | |
AT&T Inc. | 5.800% | 2/15/19 | 8,900 | 9,238 | |
AT&T Inc. | 2.300% | 3/11/19 | 5,300 | 5,301 | |
AT&T Inc. | 5.875% | 10/1/19 | 7,000 | 7,417 | |
AT&T Inc. | 5.200% | 3/15/20 | 9,080 | 9,597 | |
AT&T Inc. | 2.450% | 6/30/20 | 21,400 | 21,380 | |
AT&T Inc. | 4.600% | 2/15/21 | 11,075 | 11,661 | |
AT&T Inc. | 5.000% | 3/1/21 | 27,150 | 29,068 | |
AT&T Inc. | 4.450% | 5/15/21 | 4,750 | 5,013 | |
AT&T Inc. | 3.000% | 2/15/22 | 4,000 | 4,012 | |
AT&T Inc. | 3.200% | 3/1/22 | 12,325 | 12,457 | |
AT&T Inc. | 3.800% | 3/15/22 | 10,550 | 10,895 | |
AT&T Inc. | 3.000% | 6/30/22 | 24,025 | 24,060 | |
AT&T Inc. | 2.850% | 2/14/23 | 13,000 | 13,046 | |
AT&T Inc. | 3.600% | 2/17/23 | 33,525 | 34,289 | |
AT&T Inc. | 3.800% | 3/1/24 | 4,700 | 4,808 | |
AT&T Inc. | 4.450% | 4/1/24 | 8,654 | 9,134 | |
AT&T Inc. | 3.400% | 8/14/24 | 22,600 | 22,727 | |
AT&T Inc. | 3.950% | 1/15/25 | 9,975 | 10,181 | |
AT&T Inc. | 3.400% | 5/15/25 | 39,938 | 39,311 | |
AT&T Inc. | 4.125% | 2/17/26 | 26,121 | 26,627 | |
AT&T Inc. | 4.250% | 3/1/27 | 26,650 | 27,167 | |
AT&T Inc. | 3.900% | 8/14/27 | 40,625 | 40,901 | |
10 | AT&T Inc. | 4.100% | 2/15/28 | 24,244 | 24,315 |
10 | AT&T Inc. | 4.300% | 2/15/30 | 25,305 | 25,248 |
AT&T Inc. | 4.500% | 5/15/35 | 17,825 | 17,710 | |
AT&T Inc. | 5.250% | 3/1/37 | 23,938 | 25,326 | |
AT&T Inc. | 4.900% | 8/14/37 | 37,750 | 38,302 | |
AT&T Inc. | 6.350% | 3/15/40 | 8,650 | 10,161 | |
AT&T Inc. | 6.000% | 8/15/40 | 675 | 774 | |
AT&T Inc. | 5.350% | 9/1/40 | 21,653 | 22,842 | |
AT&T Inc. | 6.375% | 3/1/41 | 7,775 | 9,191 | |
AT&T Inc. | 5.550% | 8/15/41 | 6,100 | 6,594 | |
AT&T Inc. | 5.150% | 3/15/42 | 11,225 | 11,581 | |
AT&T Inc. | 4.300% | 12/15/42 | 15,186 | 14,248 | |
AT&T Inc. | 4.800% | 6/15/44 | 20,550 | 20,205 | |
AT&T Inc. | 4.350% | 6/15/45 | 26,558 | 24,616 | |
AT&T Inc. | 4.750% | 5/15/46 | 25,883 | 25,198 |
84
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
10 | AT&T Inc. | 5.150% | 11/15/46 | 31,930 | 32,639 |
AT&T Inc. | 5.450% | 3/1/47 | 27,275 | 29,130 | |
AT&T Inc. | 4.500% | 3/9/48 | 32,008 | 29,981 | |
AT&T Inc. | 4.550% | 3/9/49 | 5,238 | 4,904 | |
AT&T Inc. | 5.150% | 2/14/50 | 43,175 | 43,418 | |
AT&T Inc. | 5.700% | 3/1/57 | 7,725 | 8,445 | |
AT&T Inc. | 5.300% | 8/14/58 | 24,400 | 24,464 | |
British Telecommunications plc | 2.350% | 2/14/19 | 6,825 | 6,833 | |
British Telecommunications plc | 9.125% | 12/15/30 | 21,250 | 31,609 | |
CBS Corp. | 2.300% | 8/15/19 | 7,075 | 7,078 | |
CBS Corp. | 4.300% | 2/15/21 | 4,150 | 4,335 | |
CBS Corp. | 3.375% | 3/1/22 | 1,000 | 1,016 | |
CBS Corp. | 2.500% | 2/15/23 | 6,500 | 6,330 | |
10 | CBS Corp. | 2.900% | 6/1/23 | 1,825 | 1,793 |
CBS Corp. | 3.700% | 8/15/24 | 3,675 | 3,772 | |
CBS Corp. | 3.500% | 1/15/25 | 4,750 | 4,763 | |
CBS Corp. | 4.000% | 1/15/26 | 3,000 | 3,059 | |
CBS Corp. | 2.900% | 1/15/27 | 17,025 | 15,944 | |
CBS Corp. | 3.375% | 2/15/28 | 5,000 | 4,805 | |
10 | CBS Corp. | 3.700% | 6/1/28 | 4,675 | 4,605 |
CBS Corp. | 7.875% | 7/30/30 | 25 | 34 | |
CBS Corp. | 5.900% | 10/15/40 | 2,525 | 3,004 | |
CBS Corp. | 4.850% | 7/1/42 | 9,943 | 10,451 | |
CBS Corp. | 4.900% | 8/15/44 | 6,070 | 6,405 | |
CBS Corp. | 4.600% | 1/15/45 | 2,000 | 2,024 | |
CC Holdings GS V LLC / Crown Castle GS | |||||
III Corp. | 3.849% | 4/15/23 | 13,900 | 14,345 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 3.579% | 7/23/20 | 14,300 | 14,559 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 4.464% | 7/23/22 | 24,930 | 25,950 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 4.908% | 7/23/25 | 42,375 | 44,821 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 3.750% | 2/15/28 | 7,700 | 7,378 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 4.200% | 3/15/28 | 10,075 | 9,998 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 6.384% | 10/23/35 | 19,190 | 22,487 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 6.484% | 10/23/45 | 29,455 | 34,440 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 5.375% | 5/1/47 | 19,475 | 20,087 | |
Charter Communications Operating LLC / | |||||
Charter Communications Operating Capital | 6.834% | 10/23/55 | 2,925 | 3,504 | |
Comcast Cable Communications Holdings | |||||
Inc. | 9.455% | 11/15/22 | 2,000 | 2,613 | |
Comcast Corp. | 5.700% | 7/1/19 | 12,436 | 13,078 | |
Comcast Corp. | 5.150% | 3/1/20 | 4,555 | 4,836 | |
Comcast Corp. | 1.625% | 1/15/22 | 1,650 | 1,593 | |
Comcast Corp. | 3.125% | 7/15/22 | 12,765 | 13,053 | |
Comcast Corp. | 2.850% | 1/15/23 | 540 | 545 | |
Comcast Corp. | 2.750% | 3/1/23 | 14,625 | 14,642 | |
Comcast Corp. | 3.000% | 2/1/24 | 23,000 | 23,173 |
85
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Comcast Corp. | 3.600% | 3/1/24 | 4,175 | 4,342 |
Comcast Corp. | 3.375% | 2/15/25 | 7,100 | 7,299 |
Comcast Corp. | 3.375% | 8/15/25 | 10,425 | 10,693 |
Comcast Corp. | 3.150% | 3/1/26 | 21,125 | 21,300 |
Comcast Corp. | 2.350% | 1/15/27 | 6,490 | 6,122 |
Comcast Corp. | 3.300% | 2/1/27 | 15,560 | 15,873 |
Comcast Corp. | 3.150% | 2/15/28 | 14,525 | 14,581 |
Comcast Corp. | 4.250% | 1/15/33 | 11,950 | 12,986 |
Comcast Corp. | 7.050% | 3/15/33 | 2,150 | 2,993 |
Comcast Corp. | 4.200% | 8/15/34 | 9,825 | 10,477 |
Comcast Corp. | 5.650% | 6/15/35 | 3,900 | 4,864 |
Comcast Corp. | 4.400% | 8/15/35 | 17,830 | 19,475 |
Comcast Corp. | 6.500% | 11/15/35 | 13,400 | 18,096 |
Comcast Corp. | 3.200% | 7/15/36 | 8,125 | 7,780 |
Comcast Corp. | 6.450% | 3/15/37 | 7,550 | 10,242 |
Comcast Corp. | 6.950% | 8/15/37 | 11,050 | 15,730 |
Comcast Corp. | 6.400% | 5/15/38 | 4,564 | 6,186 |
Comcast Corp. | 6.400% | 3/1/40 | 6,325 | 8,769 |
Comcast Corp. | 4.650% | 7/15/42 | 14,625 | 16,488 |
Comcast Corp. | 4.500% | 1/15/43 | 1,950 | 2,158 |
Comcast Corp. | 4.750% | 3/1/44 | 2,580 | 2,945 |
Comcast Corp. | 4.600% | 8/15/45 | 13,125 | 14,734 |
Comcast Corp. | 3.400% | 7/15/46 | 11,175 | 10,487 |
Comcast Corp. | 4.000% | 8/15/47 | 6,100 | 6,364 |
Comcast Corp. | 3.969% | 11/1/47 | 15,538 | 16,049 |
Comcast Corp. | 3.999% | 11/1/49 | 15,256 | 15,603 |
Comcast Corp. | 4.049% | 11/1/52 | 3,730 | 3,811 |
Crown Castle International Corp. | 3.400% | 2/15/21 | 12,675 | 12,933 |
Crown Castle International Corp. | 2.250% | 9/1/21 | 5,358 | 5,266 |
Crown Castle International Corp. | 4.875% | 4/15/22 | 1,500 | 1,611 |
Crown Castle International Corp. | 5.250% | 1/15/23 | 12,940 | 14,167 |
Crown Castle International Corp. | 3.200% | 9/1/24 | 7,275 | 7,178 |
Crown Castle International Corp. | 4.450% | 2/15/26 | 11,225 | 11,783 |
Crown Castle International Corp. | 3.700% | 6/15/26 | 12,405 | 12,383 |
Crown Castle International Corp. | 4.000% | 3/1/27 | 4,000 | 4,085 |
Crown Castle International Corp. | 3.650% | 9/1/27 | 8,750 | 8,690 |
Crown Castle International Corp. | 4.750% | 5/15/47 | 3,025 | 3,181 |
Deutsche Telekom International Finance BV | 6.000% | 7/8/19 | 5,650 | 5,962 |
Deutsche Telekom International Finance BV | 8.750% | 6/15/30 | 32,717 | 48,897 |
Discovery Communications LLC | 5.625% | 8/15/19 | 2,167 | 2,273 |
Discovery Communications LLC | 2.200% | 9/20/19 | 3,800 | 3,783 |
Discovery Communications LLC | 4.375% | 6/15/21 | 1,420 | 1,483 |
Discovery Communications LLC | 3.300% | 5/15/22 | 3,725 | 3,757 |
Discovery Communications LLC | 2.950% | 3/20/23 | 9,000 | 8,890 |
Discovery Communications LLC | 3.250% | 4/1/23 | 1,325 | 1,316 |
Discovery Communications LLC | 3.800% | 3/13/24 | 3,500 | 3,549 |
Discovery Communications LLC | 3.450% | 3/15/25 | 2,250 | 2,208 |
Discovery Communications LLC | 4.900% | 3/11/26 | 12,000 | 12,786 |
Discovery Communications LLC | 3.950% | 3/20/28 | 13,775 | 13,644 |
Discovery Communications LLC | 5.000% | 9/20/37 | 10,487 | 10,828 |
Discovery Communications LLC | 6.350% | 6/1/40 | 3,860 | 4,532 |
Discovery Communications LLC | 4.950% | 5/15/42 | 4,600 | 4,578 |
Discovery Communications LLC | 4.875% | 4/1/43 | 8,425 | 8,402 |
Discovery Communications LLC | 5.200% | 9/20/47 | 9,921 | 10,394 |
86
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Electronic Arts Inc. | 3.700% | 3/1/21 | 10,050 | 10,342 |
Electronic Arts Inc. | 4.800% | 3/1/26 | 4,100 | 4,495 |
Grupo Televisa SAB | 6.625% | 3/18/25 | 1,475 | 1,745 |
Grupo Televisa SAB | 4.625% | 1/30/26 | 7,270 | 7,702 |
Grupo Televisa SAB | 8.500% | 3/11/32 | 275 | 365 |
Grupo Televisa SAB | 6.625% | 1/15/40 | 4,795 | 5,892 |
Grupo Televisa SAB | 5.000% | 5/13/45 | 8,325 | 8,432 |
Grupo Televisa SAB | 6.125% | 1/31/46 | 7,350 | 8,671 |
Interpublic Group of Cos. Inc. | 3.750% | 2/15/23 | 9,696 | 9,957 |
Interpublic Group of Cos. Inc. | 4.200% | 4/15/24 | 9,245 | 9,700 |
Koninklijke KPN NV | 8.375% | 10/1/30 | 5,200 | 7,093 |
Moody’s Corp. | 5.500% | 9/1/20 | 3,638 | 3,917 |
Moody’s Corp. | 2.750% | 12/15/21 | 2,684 | 2,686 |
Moody’s Corp. | 4.500% | 9/1/22 | 19,758 | 21,140 |
Moody’s Corp. | 4.875% | 2/15/24 | 3,750 | 4,122 |
Moody’s Corp. | 5.250% | 7/15/44 | 6,815 | 8,195 |
NBCUniversal Media LLC | 5.150% | 4/30/20 | 14,618 | 15,539 |
NBCUniversal Media LLC | 4.375% | 4/1/21 | 15,045 | 15,921 |
NBCUniversal Media LLC | 2.875% | 1/15/23 | 24,099 | 24,313 |
NBCUniversal Media LLC | 6.400% | 4/30/40 | 5,975 | 8,108 |
NBCUniversal Media LLC | 5.950% | 4/1/41 | 3,370 | 4,399 |
NBCUniversal Media LLC | 4.450% | 1/15/43 | 13,675 | 14,909 |
Omnicom Group Inc. | 4.450% | 8/15/20 | 3,850 | 4,034 |
Omnicom Group Inc. | 3.625% | 5/1/22 | 11,726 | 12,105 |
Omnicom Group Inc. | 3.650% | 11/1/24 | 6,125 | 6,249 |
Omnicom Group Inc. | 3.600% | 4/15/26 | 13,550 | 13,700 |
Orange SA | 2.750% | 2/6/19 | 5,650 | 5,686 |
Orange SA | 5.375% | 7/8/19 | 6,975 | 7,281 |
Orange SA | 1.625% | 11/3/19 | 9,300 | 9,185 |
Orange SA | 4.125% | 9/14/21 | 10,660 | 11,278 |
Orange SA | 9.000% | 3/1/31 | 14,790 | 22,231 |
Orange SA | 5.375% | 1/13/42 | 12,570 | 14,911 |
Orange SA | 5.500% | 2/6/44 | 4,495 | 5,503 |
RELX Capital Inc. | 3.125% | 10/15/22 | 6,809 | 6,821 |
Rogers Communications Inc. | 3.000% | 3/15/23 | 1,275 | 1,276 |
Rogers Communications Inc. | 4.100% | 10/1/23 | 6,350 | 6,673 |
Rogers Communications Inc. | 3.625% | 12/15/25 | 5,235 | 5,344 |
Rogers Communications Inc. | 2.900% | 11/15/26 | 3,700 | 3,577 |
Rogers Communications Inc. | 7.500% | 8/15/38 | 300 | 423 |
Rogers Communications Inc. | 4.500% | 3/15/43 | 3,760 | 4,023 |
Rogers Communications Inc. | 5.000% | 3/15/44 | 7,302 | 8,385 |
S&P Global Inc. | 3.300% | 8/14/20 | 4,700 | 4,787 |
S&P Global Inc. | 4.000% | 6/15/25 | 5,200 | 5,469 |
S&P Global Inc. | 4.400% | 2/15/26 | 9,325 | 10,054 |
S&P Global Inc. | 2.950% | 1/22/27 | 8,125 | 7,907 |
S&P Global Inc. | 6.550% | 11/15/37 | 1,700 | 2,250 |
Scripps Networks Interactive Inc. | 2.750% | 11/15/19 | 4,525 | 4,533 |
Scripps Networks Interactive Inc. | 2.800% | 6/15/20 | 4,000 | 3,993 |
Scripps Networks Interactive Inc. | 3.500% | 6/15/22 | 2,900 | 2,935 |
Scripps Networks Interactive Inc. | 3.900% | 11/15/24 | 4,175 | 4,265 |
Scripps Networks Interactive Inc. | 3.950% | 6/15/25 | 6,115 | 6,196 |
TCI Communications Inc. | 7.875% | 2/15/26 | 1,675 | 2,219 |
TCI Communications Inc. | 7.125% | 2/15/28 | 725 | 951 |
Telefonica Emisiones SAU | 5.877% | 7/15/19 | 13,400 | 14,085 |
87
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Telefonica Emisiones SAU | 5.462% | 2/16/21 | 5,279 | 5,710 |
Telefonica Emisiones SAU | 4.570% | 4/27/23 | 10,975 | 11,807 |
Telefonica Emisiones SAU | 4.103% | 3/8/27 | 13,150 | 13,554 |
Telefonica Emisiones SAU | 7.045% | 6/20/36 | 14,760 | 19,742 |
Telefonica Emisiones SAU | 5.213% | 3/8/47 | 18,830 | 21,318 |
Telefonica Europe BV | 8.250% | 9/15/30 | 7,100 | 9,982 |
TELUS Corp. | 2.800% | 2/16/27 | 8,525 | 8,098 |
Thomson Reuters Corp. | 4.700% | 10/15/19 | 1,525 | 1,585 |
Thomson Reuters Corp. | 3.950% | 9/30/21 | 5,125 | 5,293 |
Thomson Reuters Corp. | 4.300% | 11/23/23 | 4,575 | 4,834 |
Thomson Reuters Corp. | 3.850% | 9/29/24 | 13,700 | 14,114 |
Thomson Reuters Corp. | 3.350% | 5/15/26 | 150 | 149 |
Thomson Reuters Corp. | 5.500% | 8/15/35 | 3,075 | 3,509 |
Thomson Reuters Corp. | 5.850% | 4/15/40 | 10,445 | 12,659 |
Thomson Reuters Corp. | 4.500% | 5/23/43 | 100 | 103 |
Thomson Reuters Corp. | 5.650% | 11/23/43 | 8,125 | 9,779 |
Time Warner Cable LLC | 8.750% | 2/14/19 | 9,600 | 10,250 |
Time Warner Cable LLC | 8.250% | 4/1/19 | 15,150 | 16,192 |
Time Warner Cable LLC | 5.000% | 2/1/20 | 5,295 | 5,522 |
Time Warner Cable LLC | 4.125% | 2/15/21 | 5,506 | 5,674 |
Time Warner Cable LLC | 4.000% | 9/1/21 | 7,300 | 7,498 |
Time Warner Cable LLC | 6.550% | 5/1/37 | 10,945 | 12,786 |
Time Warner Cable LLC | 7.300% | 7/1/38 | 14,408 | 17,977 |
Time Warner Cable LLC | 6.750% | 6/15/39 | 12,237 | 14,612 |
Time Warner Cable LLC | 5.875% | 11/15/40 | 9,575 | 10,445 |
Time Warner Cable LLC | 5.500% | 9/1/41 | 15,425 | 16,100 |
Time Warner Cable LLC | 4.500% | 9/15/42 | 2,725 | 2,570 |
Time Warner Entertainment Co. LP | 8.375% | 7/15/33 | 3,650 | 5,026 |
Time Warner Inc. | 2.100% | 6/1/19 | 3,450 | 3,434 |
Time Warner Inc. | 4.875% | 3/15/20 | 13,260 | 13,927 |
Time Warner Inc. | 4.700% | 1/15/21 | 7,050 | 7,453 |
Time Warner Inc. | 4.750% | 3/29/21 | 7,975 | 8,480 |
Time Warner Inc. | 4.000% | 1/15/22 | 3,426 | 3,570 |
Time Warner Inc. | 3.400% | 6/15/22 | 6,001 | 6,119 |
Time Warner Inc. | 4.050% | 12/15/23 | 3,840 | 3,993 |
Time Warner Inc. | 3.550% | 6/1/24 | 200 | 203 |
Time Warner Inc. | 3.600% | 7/15/25 | 14,950 | 14,955 |
Time Warner Inc. | 3.875% | 1/15/26 | 7,650 | 7,761 |
Time Warner Inc. | 3.800% | 2/15/27 | 18,144 | 18,110 |
Time Warner Inc. | 5.375% | 10/15/41 | 3,430 | 3,789 |
Time Warner Inc. | 4.900% | 6/15/42 | 4,049 | 4,255 |
Time Warner Inc. | 5.350% | 12/15/43 | 12,725 | 14,094 |
Time Warner Inc. | 4.650% | 6/1/44 | 5,900 | 5,924 |
Verizon Communications Inc. | 2.625% | 2/21/20 | 6,999 | 7,053 |
Verizon Communications Inc. | 3.450% | 3/15/21 | 6,775 | 6,973 |
Verizon Communications Inc. | 4.600% | 4/1/21 | 7,810 | 8,309 |
Verizon Communications Inc. | 1.750% | 8/15/21 | 6,725 | 6,544 |
Verizon Communications Inc. | 3.000% | 11/1/21 | 16,358 | 16,550 |
Verizon Communications Inc. | 3.500% | 11/1/21 | 11,410 | 11,742 |
Verizon Communications Inc. | 2.946% | 3/15/22 | 24,881 | 25,029 |
Verizon Communications Inc. | 3.125% | 3/16/22 | 15,040 | 15,235 |
Verizon Communications Inc. | 2.450% | 11/1/22 | 11,875 | 11,675 |
Verizon Communications Inc. | 5.150% | 9/15/23 | 47,600 | 52,937 |
Verizon Communications Inc. | 4.150% | 3/15/24 | 20,450 | 21,529 |
88
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Verizon Communications Inc. | 3.500% | 11/1/24 | 21,300 | 21,683 | |
10 | Verizon Communications Inc. | 3.376% | 2/15/25 | 34,876 | 34,963 |
Verizon Communications Inc. | 2.625% | 8/15/26 | 19,985 | 18,815 | |
Verizon Communications Inc. | 4.125% | 3/16/27 | 28,250 | 29,482 | |
Verizon Communications Inc. | 4.500% | 8/10/33 | 24,300 | 25,372 | |
Verizon Communications Inc. | 4.400% | 11/1/34 | 28,983 | 29,522 | |
Verizon Communications Inc. | 4.272% | 1/15/36 | 23,564 | 23,441 | |
Verizon Communications Inc. | 5.250% | 3/16/37 | 32,350 | 35,561 | |
Verizon Communications Inc. | 4.812% | 3/15/39 | 16,670 | 17,436 | |
Verizon Communications Inc. | 4.750% | 11/1/41 | 10,725 | 10,950 | |
Verizon Communications Inc. | 3.850% | 11/1/42 | 10,075 | 9,124 | |
Verizon Communications Inc. | 4.125% | 8/15/46 | 17,400 | 16,082 | |
Verizon Communications Inc. | 4.862% | 8/21/46 | 36,955 | 38,523 | |
Verizon Communications Inc. | 5.500% | 3/16/47 | 11,850 | 13,504 | |
Verizon Communications Inc. | 4.522% | 9/15/48 | 38,546 | 37,966 | |
Verizon Communications Inc. | 5.012% | 4/15/49 | 32,532 | 34,109 | |
Verizon Communications Inc. | 5.012% | 8/21/54 | 42,827 | 43,831 | |
Verizon Communications Inc. | 4.672% | 3/15/55 | 40,445 | 39,010 | |
Viacom Inc. | 5.625% | 9/15/19 | 4,520 | 4,731 | |
Viacom Inc. | 3.875% | 12/15/21 | 4,040 | 4,114 | |
Viacom Inc. | 4.250% | 9/1/23 | 21,275 | 21,601 | |
Viacom Inc. | 3.875% | 4/1/24 | 4,989 | 4,973 | |
Viacom Inc. | 3.450% | 10/4/26 | 5,535 | 5,255 | |
Viacom Inc. | 6.875% | 4/30/36 | 4,335 | 4,961 | |
Viacom Inc. | 4.375% | 3/15/43 | 13,675 | 11,784 | |
Viacom Inc. | 5.850% | 9/1/43 | 7,785 | 8,055 | |
Vodafone Group plc | 5.450% | 6/10/19 | 10,300 | 10,752 | |
Vodafone Group plc | 4.375% | 3/16/21 | 3,568 | 3,770 | |
Vodafone Group plc | 2.500% | 9/26/22 | 6,250 | 6,199 | |
Vodafone Group plc | 2.950% | 2/19/23 | 10,025 | 10,080 | |
Vodafone Group plc | 7.875% | 2/15/30 | 2,388 | 3,222 | |
Vodafone Group plc | 6.250% | 11/30/32 | 4,075 | 4,981 | |
Vodafone Group plc | 6.150% | 2/27/37 | 6,920 | 8,648 | |
Vodafone Group plc | 4.375% | 2/19/43 | 20,480 | 20,988 | |
Walt Disney Co. | 1.650% | 1/8/19 | 2,750 | 2,744 | |
Walt Disney Co. | 1.850% | 5/30/19 | 6,300 | 6,279 | |
Walt Disney Co. | 0.875% | 7/12/19 | 4,600 | 4,516 | |
Walt Disney Co. | 1.950% | 3/4/20 | 4,000 | 3,987 | |
Walt Disney Co. | 1.800% | 6/5/20 | 5,825 | 5,769 | |
Walt Disney Co. | 2.150% | 9/17/20 | 4,450 | 4,447 | |
Walt Disney Co. | 2.300% | 2/12/21 | 1,800 | 1,799 | |
Walt Disney Co. | 2.750% | 8/16/21 | 1,000 | 1,012 | |
Walt Disney Co. | 2.550% | 2/15/22 | 3,000 | 3,006 | |
Walt Disney Co. | 2.450% | 3/4/22 | 3,000 | 2,996 | |
Walt Disney Co. | 2.350% | 12/1/22 | 4,300 | 4,262 | |
Walt Disney Co. | 3.150% | 9/17/25 | 3,800 | 3,859 | |
Walt Disney Co. | 3.000% | 2/13/26 | 6,250 | 6,252 | |
Walt Disney Co. | 1.850% | 7/30/26 | 17,600 | 16,099 | |
Walt Disney Co. | 2.950% | 6/15/27 | 5,000 | 4,961 | |
Walt Disney Co. | 7.000% | 3/1/32 | 1,875 | 2,614 | |
Walt Disney Co. | 4.375% | 8/16/41 | 600 | 659 | |
Walt Disney Co. | 4.125% | 12/1/41 | 13,376 | 14,398 | |
Walt Disney Co. | 3.700% | 12/1/42 | 9,050 | 9,089 | |
Walt Disney Co. | 4.125% | 6/1/44 | 4,565 | 4,912 |
89
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
WPP Finance 2010 | 4.750% | 11/21/21 | 17,962 | 19,191 | |
WPP Finance 2010 | 3.625% | 9/7/22 | 2,500 | 2,572 | |
WPP Finance 2010 | 3.750% | 9/19/24 | 3,325 | 3,389 | |
WPP Finance 2010 | 5.125% | 9/7/42 | 700 | 742 | |
WPP Finance 2010 | 5.625% | 11/15/43 | 4,750 | 5,518 | |
Consumer Cyclical (2.0%) | |||||
Advance Auto Parts Inc. | 5.750% | 5/1/20 | 1,475 | 1,571 | |
Advance Auto Parts Inc. | 4.500% | 1/15/22 | 325 | 342 | |
Advance Auto Parts Inc. | 4.500% | 12/1/23 | 1,850 | 1,942 | |
Alibaba Group Holding Ltd. | 2.500% | 11/28/19 | 12,300 | 12,315 | |
Alibaba Group Holding Ltd. | 3.125% | 11/28/21 | 9,585 | 9,733 | |
Alibaba Group Holding Ltd. | 2.800% | 6/6/23 | 150 | 149 | |
Alibaba Group Holding Ltd. | 3.600% | 11/28/24 | 16,940 | 17,575 | |
Alibaba Group Holding Ltd. | 3.400% | 12/6/27 | 23,125 | 23,116 | |
Alibaba Group Holding Ltd. | 4.500% | 11/28/34 | 3,870 | 4,249 | |
Alibaba Group Holding Ltd. | 4.000% | 12/6/37 | 2,000 | 2,066 | |
Alibaba Group Holding Ltd. | 4.200% | 12/6/47 | 13,375 | 13,926 | |
Alibaba Group Holding Ltd. | 4.400% | 12/6/57 | 5,200 | 5,438 | |
Amazon.com Inc. | 2.600% | 12/5/19 | 6,650 | 6,718 | |
10 | Amazon.com Inc. | 1.900% | 8/21/20 | 11,500 | 11,418 |
Amazon.com Inc. | 3.300% | 12/5/21 | 20,410 | 21,059 | |
Amazon.com Inc. | 2.500% | 11/29/22 | 4,300 | 4,297 | |
10 | Amazon.com Inc. | 2.400% | 2/22/23 | 12,050 | 11,920 |
10 | Amazon.com Inc. | 2.800% | 8/22/24 | 11,000 | 10,964 |
Amazon.com Inc. | 3.800% | 12/5/24 | 575 | 607 | |
Amazon.com Inc. | 5.200% | 12/3/25 | 7,425 | 8,520 | |
10 | Amazon.com Inc. | 3.150% | 8/22/27 | 26,975 | 27,009 |
Amazon.com Inc. | 4.800% | 12/5/34 | 10,275 | 11,993 | |
10 | Amazon.com Inc. | 3.875% | 8/22/37 | 15,000 | 15,917 |
Amazon.com Inc. | 4.950% | 12/5/44 | 11,255 | 13,632 | |
10 | Amazon.com Inc. | 4.050% | 8/22/47 | 27,000 | 29,079 |
10 | Amazon.com Inc. | 4.250% | 8/22/57 | 21,025 | 22,891 |
American Honda Finance Corp. | 1.200% | 7/12/19 | 5,000 | 4,928 | |
American Honda Finance Corp. | 2.250% | 8/15/19 | 3,000 | 3,004 | |
American Honda Finance Corp. | 2.000% | 11/13/19 | 8,000 | 7,973 | |
American Honda Finance Corp. | 2.000% | 2/14/20 | 700 | 696 | |
American Honda Finance Corp. | 1.950% | 7/20/20 | 4,375 | 4,336 | |
American Honda Finance Corp. | 2.450% | 9/24/20 | 14,250 | 14,284 | |
American Honda Finance Corp. | 1.650% | 7/12/21 | 4,450 | 4,338 | |
American Honda Finance Corp. | 1.700% | 9/9/21 | 8,600 | 8,356 | |
American Honda Finance Corp. | 2.600% | 11/16/22 | 4,800 | 4,804 | |
American Honda Finance Corp. | 2.900% | 2/16/24 | 6,000 | 6,009 | |
American Honda Finance Corp. | 2.300% | 9/9/26 | 3,575 | 3,371 | |
Aptiv plc | 3.150% | 11/19/20 | 3,960 | 4,017 | |
Aptiv plc | 4.250% | 1/15/26 | 2,550 | 2,704 | |
Aptiv plc | 4.400% | 10/1/46 | 4,000 | 4,050 | |
Automatic Data Processing Inc. | 2.250% | 9/15/20 | 10,445 | 10,462 | |
Automatic Data Processing Inc. | 3.375% | 9/15/25 | 1,500 | 1,546 | |
AutoNation Inc. | 5.500% | 2/1/20 | 1,655 | 1,747 | |
AutoNation Inc. | 3.350% | 1/15/21 | 5,040 | 5,106 | |
AutoNation Inc. | 3.500% | 11/15/24 | 2,300 | 2,274 | |
AutoNation Inc. | 4.500% | 10/1/25 | 5,600 | 5,870 | |
AutoNation Inc. | 3.800% | 11/15/27 | 2,400 | 2,372 |
90
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
AutoZone Inc. | 2.500% | 4/15/21 | 1,125 | 1,116 |
AutoZone Inc. | 3.700% | 4/15/22 | 8,000 | 8,228 |
AutoZone Inc. | 2.875% | 1/15/23 | 280 | 279 |
AutoZone Inc. | 3.250% | 4/15/25 | 7,040 | 7,015 |
AutoZone Inc. | 3.125% | 4/21/26 | 2,200 | 2,140 |
AutoZone Inc. | 3.750% | 6/1/27 | 7,000 | 7,103 |
Bed Bath & Beyond Inc. | 3.749% | 8/1/24 | 950 | 944 |
Bed Bath & Beyond Inc. | 4.915% | 8/1/34 | 1,375 | 1,242 |
Bed Bath & Beyond Inc. | 5.165% | 8/1/44 | 5,154 | 4,552 |
Best Buy Co. Inc. | 5.500% | 3/15/21 | 700 | 752 |
Block Financial LLC | 4.125% | 10/1/20 | 2,875 | 2,952 |
Block Financial LLC | 5.500% | 11/1/22 | 5,050 | 5,419 |
Block Financial LLC | 5.250% | 10/1/25 | 12,925 | 13,757 |
BorgWarner Inc. | 4.625% | 9/15/20 | 400 | 421 |
BorgWarner Inc. | 3.375% | 3/15/25 | 1,050 | 1,056 |
BorgWarner Inc. | 4.375% | 3/15/45 | 3,765 | 3,869 |
Carnival Corp. | 3.950% | 10/15/20 | 2,600 | 2,706 |
Costco Wholesale Corp. | 1.700% | 12/15/19 | 5,450 | 5,411 |
Costco Wholesale Corp. | 1.750% | 2/15/20 | 2,000 | 1,978 |
Costco Wholesale Corp. | 2.150% | 5/18/21 | 8,000 | 7,952 |
Costco Wholesale Corp. | 2.250% | 2/15/22 | 4,900 | 4,829 |
Costco Wholesale Corp. | 2.300% | 5/18/22 | 7,300 | 7,229 |
Costco Wholesale Corp. | 2.750% | 5/18/24 | 10,000 | 9,980 |
Costco Wholesale Corp. | 3.000% | 5/18/27 | 13,500 | 13,506 |
Cummins Inc. | 3.650% | 10/1/23 | 2,890 | 3,042 |
Cummins Inc. | 7.125% | 3/1/28 | 100 | 131 |
Cummins Inc. | 4.875% | 10/1/43 | 4,250 | 5,025 |
CVS Health Corp. | 2.250% | 8/12/19 | 3,940 | 3,922 |
CVS Health Corp. | 2.800% | 7/20/20 | 14,575 | 14,636 |
CVS Health Corp. | 2.125% | 6/1/21 | 10,345 | 10,107 |
CVS Health Corp. | 3.500% | 7/20/22 | 12,550 | 12,737 |
CVS Health Corp. | 2.750% | 12/1/22 | 8,490 | 8,350 |
CVS Health Corp. | 4.750% | 12/1/22 | 9,000 | 9,619 |
CVS Health Corp. | 4.000% | 12/5/23 | 6,780 | 7,054 |
CVS Health Corp. | 3.375% | 8/12/24 | 6,090 | 6,101 |
CVS Health Corp. | 3.875% | 7/20/25 | 20,873 | 21,494 |
CVS Health Corp. | 2.875% | 6/1/26 | 12,725 | 12,208 |
CVS Health Corp. | 5.300% | 12/5/43 | 7,350 | 8,538 |
CVS Health Corp. | 5.125% | 7/20/45 | 27,610 | 31,699 |
Daimler Finance North America LLC | 8.500% | 1/18/31 | 7,970 | 11,980 |
Darden Restaurants Inc. | 3.850% | 5/1/27 | 4,300 | 4,373 |
Darden Restaurants Inc. | 6.800% | 10/15/37 | 1,400 | 1,869 |
Delphi Corp. | 4.150% | 3/15/24 | 5,855 | 6,194 |
Dollar General Corp. | 3.250% | 4/15/23 | 7,493 | 7,589 |
Dollar General Corp. | 4.150% | 11/1/25 | 3,100 | 3,293 |
Dollar General Corp. | 3.875% | 4/15/27 | 1,025 | 1,070 |
DR Horton Inc. | 3.750% | 3/1/19 | 5,000 | 5,070 |
DR Horton Inc. | 2.550% | 12/1/20 | 1,000 | 998 |
DR Horton Inc. | 4.375% | 9/15/22 | 3,550 | 3,738 |
DR Horton Inc. | 4.750% | 2/15/23 | 2,200 | 2,350 |
DR Horton Inc. | 5.750% | 8/15/23 | 4,500 | 5,047 |
eBay Inc. | 2.200% | 8/1/19 | 6,925 | 6,918 |
eBay Inc. | 2.150% | 6/5/20 | 4,175 | 4,140 |
eBay Inc. | 3.250% | 10/15/20 | 5,425 | 5,531 |
91
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
eBay Inc. | 2.875% | 8/1/21 | 5,675 | 5,712 | |
eBay Inc. | 3.800% | 3/9/22 | 6,800 | 7,049 | |
eBay Inc. | 2.600% | 7/15/22 | 4,905 | 4,858 | |
eBay Inc. | 2.750% | 1/30/23 | 6,500 | 6,432 | |
eBay Inc. | 3.450% | 8/1/24 | 3,725 | 3,772 | |
eBay Inc. | 3.600% | 6/5/27 | 7,350 | 7,283 | |
eBay Inc. | 4.000% | 7/15/42 | 4,150 | 3,812 | |
Expedia Inc. | 5.950% | 8/15/20 | 8,325 | 8,956 | |
Expedia Inc. | 4.500% | 8/15/24 | 2,750 | 2,872 | |
Expedia Inc. | 5.000% | 2/15/26 | 5,315 | 5,682 | |
10 | Expedia Inc. | 3.800% | 2/15/28 | 5,300 | 5,120 |
Ford Holdings LLC | 9.300% | 3/1/30 | 1,175 | 1,660 | |
Ford Motor Co. | 4.346% | 12/8/26 | 14,900 | 15,529 | |
Ford Motor Co. | 6.625% | 10/1/28 | 3,425 | 4,169 | |
Ford Motor Co. | 6.375% | 2/1/29 | 3,425 | 4,005 | |
Ford Motor Co. | 7.450% | 7/16/31 | 11,625 | 15,081 | |
Ford Motor Co. | 4.750% | 1/15/43 | 13,175 | 13,319 | |
Ford Motor Co. | 7.400% | 11/1/46 | 3,250 | 4,412 | |
Ford Motor Co. | 5.291% | 12/8/46 | 14,500 | 15,714 | |
Ford Motor Credit Co. LLC | 2.943% | 1/8/19 | 6,800 | 6,841 | |
Ford Motor Credit Co. LLC | 2.375% | 3/12/19 | 18,700 | 18,700 | |
Ford Motor Credit Co. LLC | 2.262% | 3/28/19 | 5,000 | 4,986 | |
Ford Motor Credit Co. LLC | 2.021% | 5/3/19 | 7,150 | 7,112 | |
Ford Motor Credit Co. LLC | 1.897% | 8/12/19 | 5,600 | 5,547 | |
Ford Motor Credit Co. LLC | 2.597% | 11/4/19 | 9,750 | 9,747 | |
Ford Motor Credit Co. LLC | 2.681% | 1/9/20 | 11,600 | 11,616 | |
Ford Motor Credit Co. LLC | 8.125% | 1/15/20 | 12,565 | 13,881 | |
Ford Motor Credit Co. LLC | 2.459% | 3/27/20 | 1,000 | 997 | |
Ford Motor Credit Co. LLC | 3.157% | 8/4/20 | 8,963 | 9,067 | |
Ford Motor Credit Co. LLC | 2.343% | 11/2/20 | 23,600 | 23,360 | |
Ford Motor Credit Co. LLC | 3.200% | 1/15/21 | 8,425 | 8,544 | |
Ford Motor Credit Co. LLC | 5.750% | 2/1/21 | 2,681 | 2,905 | |
Ford Motor Credit Co. LLC | 3.336% | 3/18/21 | 15,000 | 15,230 | |
Ford Motor Credit Co. LLC | 5.875% | 8/2/21 | 14,044 | 15,384 | |
Ford Motor Credit Co. LLC | 3.219% | 1/9/22 | 5,300 | 5,323 | |
Ford Motor Credit Co. LLC | 3.339% | 3/28/22 | 2,300 | 2,327 | |
Ford Motor Credit Co. LLC | 2.979% | 8/3/22 | 10,000 | 9,964 | |
Ford Motor Credit Co. LLC | 4.250% | 9/20/22 | 6,500 | 6,804 | |
Ford Motor Credit Co. LLC | 4.375% | 8/6/23 | 7,625 | 8,008 | |
Ford Motor Credit Co. LLC | 3.810% | 1/9/24 | 7,800 | 7,967 | |
Ford Motor Credit Co. LLC | 3.664% | 9/8/24 | 5,125 | 5,176 | |
Ford Motor Credit Co. LLC | 4.134% | 8/4/25 | 20,000 | 20,710 | |
Ford Motor Credit Co. LLC | 4.389% | 1/8/26 | 4,000 | 4,186 | |
Ford Motor Credit Co. LLC | 3.815% | 11/2/27 | 13,800 | 13,744 | |
General Motors Co. | 4.875% | 10/2/23 | 14,740 | 15,904 | |
General Motors Co. | 4.000% | 4/1/25 | 2,750 | 2,819 | |
General Motors Co. | 4.200% | 10/1/27 | 1,400 | 1,441 | |
General Motors Co. | 5.000% | 4/1/35 | 7,930 | 8,416 | |
General Motors Co. | 6.600% | 4/1/36 | 3,901 | 4,750 | |
General Motors Co. | 5.150% | 4/1/38 | 8,100 | 8,631 | |
General Motors Co. | 6.250% | 10/2/43 | 10,325 | 12,173 | |
General Motors Co. | 5.200% | 4/1/45 | 11,438 | 11,994 | |
General Motors Co. | 6.750% | 4/1/46 | 10,340 | 12,996 | |
General Motors Co. | 5.400% | 4/1/48 | 6,500 | 7,090 |
92
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
General Motors Financial Co. Inc. | 3.100% | 1/15/19 | 20,425 | 20,555 |
General Motors Financial Co. Inc. | 2.400% | 5/9/19 | 10,350 | 10,349 |
General Motors Financial Co. Inc. | 3.500% | 7/10/19 | 14,310 | 14,521 |
General Motors Financial Co. Inc. | 2.350% | 10/4/19 | 9,000 | 8,970 |
General Motors Financial Co. Inc. | 3.150% | 1/15/20 | 10,200 | 10,300 |
General Motors Financial Co. Inc. | 2.650% | 4/13/20 | 13,000 | 12,994 |
General Motors Financial Co. Inc. | 3.200% | 7/13/20 | 24,425 | 24,698 |
General Motors Financial Co. Inc. | 2.450% | 11/6/20 | 10,850 | 10,759 |
General Motors Financial Co. Inc. | 3.700% | 11/24/20 | 9,050 | 9,270 |
General Motors Financial Co. Inc. | 4.200% | 3/1/21 | 8,000 | 8,309 |
General Motors Financial Co. Inc. | 3.200% | 7/6/21 | 14,242 | 14,378 |
General Motors Financial Co. Inc. | 4.375% | 9/25/21 | 3,265 | 3,419 |
General Motors Financial Co. Inc. | 3.450% | 1/14/22 | 6,325 | 6,398 |
General Motors Financial Co. Inc. | 3.450% | 4/10/22 | 13,989 | 14,171 |
General Motors Financial Co. Inc. | 3.150% | 6/30/22 | 2,500 | 2,497 |
General Motors Financial Co. Inc. | 3.700% | 5/9/23 | 11,950 | 12,193 |
General Motors Financial Co. Inc. | 4.250% | 5/15/23 | 4,550 | 4,744 |
General Motors Financial Co. Inc. | 3.950% | 4/13/24 | 11,500 | 11,825 |
General Motors Financial Co. Inc. | 3.500% | 11/7/24 | 10,000 | 9,937 |
General Motors Financial Co. Inc. | 4.000% | 1/15/25 | 7,845 | 8,056 |
General Motors Financial Co. Inc. | 5.250% | 3/1/26 | 4,700 | 5,155 |
General Motors Financial Co. Inc. | 4.000% | 10/6/26 | 8,500 | 8,616 |
General Motors Financial Co. Inc. | 4.350% | 1/17/27 | 10,100 | 10,502 |
Harley-Davidson Inc. | 3.500% | 7/28/25 | 4,850 | 4,949 |
Harley-Davidson Inc. | 4.625% | 7/28/45 | 3,235 | 3,505 |
Harman International Industries Inc. | 4.150% | 5/15/25 | 3,150 | 3,277 |
Home Depot Inc. | 2.000% | 6/15/19 | 8,900 | 8,903 |
Home Depot Inc. | 1.800% | 6/5/20 | 16,445 | 16,310 |
Home Depot Inc. | 2.000% | 4/1/21 | 4,675 | 4,623 |
Home Depot Inc. | 4.400% | 4/1/21 | 9,930 | 10,522 |
Home Depot Inc. | 2.625% | 6/1/22 | 20,544 | 20,646 |
Home Depot Inc. | 2.700% | 4/1/23 | 3,250 | 3,275 |
Home Depot Inc. | 3.750% | 2/15/24 | 9,459 | 9,969 |
Home Depot Inc. | 3.350% | 9/15/25 | 6,000 | 6,183 |
Home Depot Inc. | 3.000% | 4/1/26 | 12,100 | 12,104 |
Home Depot Inc. | 2.125% | 9/15/26 | 4,875 | 4,556 |
Home Depot Inc. | 2.800% | 9/14/27 | 4,200 | 4,125 |
Home Depot Inc. | 5.875% | 12/16/36 | 21,696 | 29,435 |
Home Depot Inc. | 5.400% | 9/15/40 | 4,290 | 5,492 |
Home Depot Inc. | 5.950% | 4/1/41 | 4,505 | 6,031 |
Home Depot Inc. | 4.200% | 4/1/43 | 11,975 | 13,132 |
Home Depot Inc. | 4.875% | 2/15/44 | 11,150 | 13,324 |
Home Depot Inc. | 4.400% | 3/15/45 | 3,250 | 3,678 |
Home Depot Inc. | 4.250% | 4/1/46 | 9,595 | 10,707 |
Home Depot Inc. | 3.900% | 6/15/47 | 10,200 | 10,727 |
Home Depot Inc. | 3.500% | 9/15/56 | 7,175 | 6,876 |
Hyatt Hotels Corp. | 3.375% | 7/15/23 | 3,050 | 3,112 |
Hyatt Hotels Corp. | 4.850% | 3/15/26 | 2,100 | 2,286 |
JD.com Inc. | 3.125% | 4/29/21 | 871 | 867 |
JD.com Inc. | 3.875% | 4/29/26 | 4,077 | 4,091 |
Kohl’s Corp. | 4.000% | 11/1/21 | 9,245 | 9,508 |
Kohl’s Corp. | 3.250% | 2/1/23 | 1,750 | 1,735 |
Kohl’s Corp. | 4.750% | 12/15/23 | 825 | 870 |
Kohl’s Corp. | 4.250% | 7/17/25 | 6,502 | 6,618 |
93
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Kohl’s Corp. | 5.550% | 7/17/45 | 1,575 | 1,539 |
Lear Corp. | 5.250% | 1/15/25 | 5,550 | 5,897 |
Lear Corp. | 3.800% | 9/15/27 | 3,000 | 2,989 |
Lowe’s Cos. Inc. | 1.150% | 4/15/19 | 4,650 | 4,599 |
Lowe’s Cos. Inc. | 4.625% | 4/15/20 | 1,355 | 1,410 |
Lowe’s Cos. Inc. | 3.750% | 4/15/21 | 3,745 | 3,884 |
Lowe’s Cos. Inc. | 3.800% | 11/15/21 | 2,675 | 2,798 |
Lowe’s Cos. Inc. | 3.120% | 4/15/22 | 1,625 | 1,655 |
Lowe’s Cos. Inc. | 3.875% | 9/15/23 | 10,899 | 11,486 |
Lowe’s Cos. Inc. | 3.125% | 9/15/24 | 12,900 | 13,080 |
Lowe’s Cos. Inc. | 3.375% | 9/15/25 | 13,735 | 14,120 |
Lowe’s Cos. Inc. | 2.500% | 4/15/26 | 7,925 | 7,583 |
Lowe’s Cos. Inc. | 3.100% | 5/3/27 | 15,000 | 15,055 |
Lowe’s Cos. Inc. | 6.500% | 3/15/29 | 267 | 343 |
Lowe’s Cos. Inc. | 4.650% | 4/15/42 | 6,525 | 7,452 |
Lowe’s Cos. Inc. | 4.250% | 9/15/44 | 1,950 | 2,126 |
Lowe’s Cos. Inc. | 4.375% | 9/15/45 | 9,650 | 10,589 |
Lowe’s Cos. Inc. | 3.700% | 4/15/46 | 16,200 | 16,247 |
Lowe’s Cos. Inc. | 4.050% | 5/3/47 | 14,480 | 15,427 |
Macy’s Retail Holdings Inc. | 3.450% | 1/15/21 | 2,715 | 2,728 |
Macy’s Retail Holdings Inc. | 3.875% | 1/15/22 | 2,050 | 2,064 |
Macy’s Retail Holdings Inc. | 2.875% | 2/15/23 | 14,308 | 13,377 |
Macy’s Retail Holdings Inc. | 4.375% | 9/1/23 | 7,375 | 7,437 |
Macy’s Retail Holdings Inc. | 3.625% | 6/1/24 | 3,045 | 2,932 |
Macy’s Retail Holdings Inc. | 7.000% | 2/15/28 | 2,350 | 2,533 |
Macy’s Retail Holdings Inc. | 6.900% | 4/1/29 | 2,500 | 2,641 |
Macy’s Retail Holdings Inc. | 4.500% | 12/15/34 | 3,000 | 2,561 |
Macy’s Retail Holdings Inc. | 6.375% | 3/15/37 | 2,550 | 2,598 |
Magna International Inc. | 3.625% | 6/15/24 | 7,570 | 7,812 |
Magna International Inc. | 4.150% | 10/1/25 | 2,775 | 2,954 |
Marriott International Inc. | 3.000% | 3/1/19 | 1,750 | 1,760 |
Marriott International Inc. | 3.375% | 10/15/20 | 2,075 | 2,116 |
Marriott International Inc. | 2.875% | 3/1/21 | 2,500 | 2,517 |
Marriott International Inc. | 3.125% | 10/15/21 | 4,700 | 4,754 |
Marriott International Inc. | 2.300% | 1/15/22 | 2,000 | 1,965 |
Marriott International Inc. | 3.250% | 9/15/22 | 3,525 | 3,576 |
Marriott International Inc. | 3.750% | 3/15/25 | 4,650 | 4,776 |
Marriott International Inc. | 3.750% | 10/1/25 | 2,340 | 2,406 |
Marriott International Inc. | 3.125% | 6/15/26 | 4,090 | 4,021 |
Mastercard Inc. | 2.000% | 4/1/19 | 3,425 | 3,421 |
Mastercard Inc. | 2.000% | 11/21/21 | 5,150 | 5,069 |
Mastercard Inc. | 3.375% | 4/1/24 | 5,050 | 5,240 |
Mastercard Inc. | 2.950% | 11/21/26 | 6,750 | 6,747 |
Mastercard Inc. | 3.800% | 11/21/46 | 3,750 | 3,979 |
McDonald’s Corp. | 5.000% | 2/1/19 | 4,525 | 4,656 |
McDonald’s Corp. | 1.875% | 5/29/19 | 6,450 | 6,428 |
McDonald’s Corp. | 2.750% | 12/9/20 | 7,889 | 7,969 |
McDonald’s Corp. | 3.625% | 5/20/21 | 1,750 | 1,812 |
McDonald’s Corp. | 2.625% | 1/15/22 | 16,240 | 16,246 |
McDonald’s Corp. | 3.375% | 5/26/25 | 5,105 | 5,223 |
McDonald’s Corp. | 3.700% | 1/30/26 | 12,140 | 12,653 |
McDonald’s Corp. | 3.500% | 3/1/27 | 10,875 | 11,207 |
McDonald’s Corp. | 4.700% | 12/9/35 | 5,375 | 6,102 |
McDonald’s Corp. | 6.300% | 10/15/37 | 425 | 564 |
94
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
McDonald’s Corp. | 6.300% | 3/1/38 | 1,525 | 2,027 |
McDonald’s Corp. | 5.700% | 2/1/39 | 4,075 | 5,073 |
McDonald’s Corp. | 3.700% | 2/15/42 | 14,175 | 13,834 |
McDonald’s Corp. | 3.625% | 5/1/43 | 1,725 | 1,632 |
McDonald’s Corp. | 4.600% | 5/26/45 | 6,660 | 7,352 |
McDonald’s Corp. | 4.875% | 12/9/45 | 15,050 | 17,438 |
McDonald’s Corp. | 4.450% | 3/1/47 | 5,050 | 5,490 |
NIKE Inc. | 2.250% | 5/1/23 | 475 | 472 |
NIKE Inc. | 2.375% | 11/1/26 | 6,000 | 5,704 |
NIKE Inc. | 3.625% | 5/1/43 | 6,025 | 6,037 |
NIKE Inc. | 3.875% | 11/1/45 | 3,175 | 3,314 |
NIKE Inc. | 3.375% | 11/1/46 | 2,050 | 1,970 |
Nordstrom Inc. | 4.750% | 5/1/20 | 3,650 | 3,803 |
Nordstrom Inc. | 4.000% | 10/15/21 | 5,315 | 5,466 |
Nordstrom Inc. | 4.000% | 3/15/27 | 6,000 | 5,938 |
Nordstrom Inc. | 6.950% | 3/15/28 | 1,500 | 1,692 |
Nordstrom Inc. | 5.000% | 1/15/44 | 6,810 | 6,520 |
NVR Inc. | 3.950% | 9/15/22 | 16,638 | 17,411 |
O’Reilly Automotive Inc. | 4.875% | 1/14/21 | 600 | 635 |
O’Reilly Automotive Inc. | 3.800% | 9/1/22 | 4,904 | 5,122 |
O’Reilly Automotive Inc. | 3.850% | 6/15/23 | 7,075 | 7,402 |
O’Reilly Automotive Inc. | 3.550% | 3/15/26 | 1,350 | 1,359 |
O’Reilly Automotive Inc. | 3.600% | 9/1/27 | 5,475 | 5,482 |
PACCAR Financial Corp. | 1.300% | 5/10/19 | 8,600 | 8,507 |
PACCAR Financial Corp. | 2.200% | 9/15/19 | 1,600 | 1,602 |
PACCAR Financial Corp. | 2.500% | 8/14/20 | 2,000 | 2,011 |
PACCAR Financial Corp. | 2.050% | 11/13/20 | 3,575 | 3,539 |
PACCAR Financial Corp. | 2.250% | 2/25/21 | 1,500 | 1,491 |
PACCAR Financial Corp. | 2.300% | 8/10/22 | 2,200 | 2,166 |
Priceline Group Inc. | 2.750% | 3/15/23 | 2,000 | 1,971 |
Priceline Group Inc. | 3.650% | 3/15/25 | 5,700 | 5,767 |
Priceline Group Inc. | 3.600% | 6/1/26 | 14,100 | 14,156 |
Priceline Group Inc. | 3.550% | 3/15/28 | 6,100 | 6,036 |
QVC Inc. | 3.125% | 4/1/19 | 1,490 | 1,497 |
QVC Inc. | 5.125% | 7/2/22 | 3,510 | 3,707 |
QVC Inc. | 4.850% | 4/1/24 | 4,300 | 4,499 |
QVC Inc. | 4.450% | 2/15/25 | 1,100 | 1,125 |
QVC Inc. | 5.450% | 8/15/34 | 350 | 351 |
QVC Inc. | 5.950% | 3/15/43 | 4,050 | 4,037 |
Ralph Lauren Corp. | 2.625% | 8/18/20 | 1,670 | 1,677 |
Royal Caribbean Cruises Ltd. | 2.650% | 11/28/20 | 1,900 | 1,900 |
Royal Caribbean Cruises Ltd. | 5.250% | 11/15/22 | 3,750 | 4,116 |
Royal Caribbean Cruises Ltd. | 3.700% | 3/15/28 | 5,725 | 5,661 |
Starbucks Corp. | 2.200% | 11/22/20 | 3,825 | 3,824 |
Starbucks Corp. | 2.100% | 2/4/21 | 4,375 | 4,343 |
Starbucks Corp. | 2.700% | 6/15/22 | 5,120 | 5,153 |
Starbucks Corp. | 3.850% | 10/1/23 | 5,200 | 5,515 |
Starbucks Corp. | 2.450% | 6/15/26 | 2,925 | 2,803 |
Starbucks Corp. | 4.300% | 6/15/45 | 1,250 | 1,378 |
Starbucks Corp. | 3.750% | 12/1/47 | 5,500 | 5,576 |
Tapestry Inc. | 3.000% | 7/15/22 | 2,800 | 2,774 |
Tapestry Inc. | 4.250% | 4/1/25 | 3,771 | 3,852 |
Tapestry Inc. | 4.125% | 7/15/27 | 5,500 | 5,504 |
Target Corp. | 2.300% | 6/26/19 | 8,500 | 8,524 |
95
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Target Corp. | 3.875% | 7/15/20 | 5,630 | 5,866 |
Target Corp. | 2.900% | 1/15/22 | 9,180 | 9,315 |
Target Corp. | 3.500% | 7/1/24 | 7,450 | 7,751 |
Target Corp. | 2.500% | 4/15/26 | 3,340 | 3,205 |
Target Corp. | 6.350% | 11/1/32 | 1,680 | 2,161 |
Target Corp. | 6.500% | 10/15/37 | 4,058 | 5,542 |
Target Corp. | 7.000% | 1/15/38 | 3,725 | 5,411 |
Target Corp. | 4.000% | 7/1/42 | 12,000 | 12,316 |
Target Corp. | 3.625% | 4/15/46 | 5,725 | 5,559 |
Target Corp. | 3.900% | 11/15/47 | 12,000 | 12,161 |
TJX Cos. Inc. | 2.750% | 6/15/21 | 11,350 | 11,486 |
TJX Cos. Inc. | 2.500% | 5/15/23 | 5,798 | 5,691 |
TJX Cos. Inc. | 2.250% | 9/15/26 | 13,200 | 12,384 |
Toyota Motor Credit Corp. | 1.700% | 1/9/19 | 8,600 | 8,566 |
Toyota Motor Credit Corp. | 2.100% | 1/17/19 | 6,575 | 6,579 |
Toyota Motor Credit Corp. | 1.700% | 2/19/19 | 4,430 | 4,414 |
Toyota Motor Credit Corp. | 1.400% | 5/20/19 | 10,000 | 9,902 |
Toyota Motor Credit Corp. | 2.125% | 7/18/19 | 5,200 | 5,202 |
Toyota Motor Credit Corp. | 1.550% | 10/18/19 | 3,800 | 3,764 |
Toyota Motor Credit Corp. | 2.150% | 3/12/20 | 19,800 | 19,762 |
Toyota Motor Credit Corp. | 1.950% | 4/17/20 | 5,000 | 4,967 |
Toyota Motor Credit Corp. | 4.500% | 6/17/20 | 5,523 | 5,813 |
Toyota Motor Credit Corp. | 4.250% | 1/11/21 | 2,200 | 2,318 |
Toyota Motor Credit Corp. | 1.900% | 4/8/21 | 11,000 | 10,821 |
Toyota Motor Credit Corp. | 2.750% | 5/17/21 | 4,250 | 4,296 |
Toyota Motor Credit Corp. | 3.400% | 9/15/21 | 4,070 | 4,207 |
Toyota Motor Credit Corp. | 2.600% | 1/11/22 | 8,300 | 8,328 |
Toyota Motor Credit Corp. | 3.300% | 1/12/22 | 9,650 | 9,936 |
Toyota Motor Credit Corp. | 2.800% | 7/13/22 | 1,000 | 1,010 |
Toyota Motor Credit Corp. | 2.150% | 9/8/22 | 12,100 | 11,892 |
Toyota Motor Credit Corp. | 2.625% | 1/10/23 | 6,975 | 6,973 |
Toyota Motor Credit Corp. | 2.250% | 10/18/23 | 7,050 | 6,884 |
Toyota Motor Credit Corp. | 2.900% | 4/17/24 | 4,400 | 4,442 |
Toyota Motor Credit Corp. | 3.200% | 1/11/27 | 8,450 | 8,566 |
VF Corp. | 3.500% | 9/1/21 | 8,035 | 8,273 |
VF Corp. | 6.450% | 11/1/37 | 4,475 | 5,854 |
Visa Inc. | 2.200% | 12/14/20 | 22,050 | 22,038 |
Visa Inc. | 2.150% | 9/15/22 | 8,000 | 7,875 |
Visa Inc. | 2.800% | 12/14/22 | 16,550 | 16,768 |
Visa Inc. | 3.150% | 12/14/25 | 28,490 | 29,093 |
Visa Inc. | 2.750% | 9/15/27 | 9,650 | 9,517 |
Visa Inc. | 4.150% | 12/14/35 | 14,470 | 16,056 |
Visa Inc. | 4.300% | 12/14/45 | 25,250 | 28,719 |
Visa Inc. | 3.650% | 9/15/47 | 5,000 | 5,106 |
Wal-Mart Stores Inc. | 1.750% | 10/9/19 | 12,463 | 12,419 |
Wal-Mart Stores Inc. | 3.250% | 10/25/20 | 10,370 | 10,685 |
Wal-Mart Stores Inc. | 1.900% | 12/15/20 | 41,240 | 40,970 |
Wal-Mart Stores Inc. | 4.250% | 4/15/21 | 10,835 | 11,515 |
Wal-Mart Stores Inc. | 2.350% | 12/15/22 | 12,000 | 11,936 |
Wal-Mart Stores Inc. | 2.550% | 4/11/23 | 12,650 | 12,690 |
Wal-Mart Stores Inc. | 3.300% | 4/22/24 | 16,050 | 16,647 |
Wal-Mart Stores Inc. | 2.650% | 12/15/24 | 14,800 | 14,786 |
Wal-Mart Stores Inc. | 5.875% | 4/5/27 | 12,550 | 15,591 |
Wal-Mart Stores Inc. | 7.550% | 2/15/30 | 6,496 | 9,369 |
96
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Wal-Mart Stores Inc. | 5.250% | 9/1/35 | 13,750 | 17,351 |
Wal-Mart Stores Inc. | 6.200% | 4/15/38 | 17,150 | 24,196 |
Wal-Mart Stores Inc. | 5.625% | 4/1/40 | 9,275 | 12,505 |
Wal-Mart Stores Inc. | 4.875% | 7/8/40 | 8,320 | 10,279 |
Wal-Mart Stores Inc. | 5.000% | 10/25/40 | 4,825 | 6,049 |
Wal-Mart Stores Inc. | 5.625% | 4/15/41 | 9,895 | 13,467 |
Wal-Mart Stores Inc. | 4.000% | 4/11/43 | 8,035 | 8,828 |
Wal-Mart Stores Inc. | 4.750% | 10/2/43 | 12,220 | 15,050 |
Wal-Mart Stores Inc. | 4.300% | 4/22/44 | 5,270 | 6,147 |
Wal-Mart Stores Inc. | 3.625% | 12/15/47 | 7,925 | 8,313 |
Walgreen Co. | 5.250% | 1/15/19 | 489 | 503 |
Walgreen Co. | 3.100% | 9/15/22 | 7,100 | 7,129 |
Walgreen Co. | 4.400% | 9/15/42 | 5,100 | 5,158 |
Walgreens Boots Alliance Inc. | 2.700% | 11/18/19 | 8,800 | 8,856 |
Walgreens Boots Alliance Inc. | 3.300% | 11/18/21 | 6,300 | 6,404 |
Walgreens Boots Alliance Inc. | 3.800% | 11/18/24 | 20,100 | 20,534 |
Walgreens Boots Alliance Inc. | 3.450% | 6/1/26 | 19,200 | 18,986 |
Walgreens Boots Alliance Inc. | 4.500% | 11/18/34 | 4,615 | 4,819 |
Walgreens Boots Alliance Inc. | 4.800% | 11/18/44 | 10,725 | 11,496 |
Walgreens Boots Alliance Inc. | 4.650% | 6/1/46 | 12,750 | 13,426 |
Western Union Co. | 3.600% | 3/15/22 | 4,500 | 4,614 |
Western Union Co. | 6.200% | 11/17/36 | 5,350 | 5,764 |
Western Union Co. | 6.200% | 6/21/40 | 1,445 | 1,541 |
Wyndham Worldwide Corp. | 4.250% | 3/1/22 | 9,990 | 10,163 |
Wyndham Worldwide Corp. | 5.100% | 10/1/25 | 2,500 | 2,635 |
Wyndham Worldwide Corp. | 4.500% | 4/1/27 | 1,500 | 1,527 |
Consumer Noncyclical (4.3%) | ||||
Abbott Laboratories | 5.125% | 4/1/19 | 14,902 | 15,426 |
Abbott Laboratories | 2.350% | 11/22/19 | 27,095 | 27,138 |
Abbott Laboratories | 2.000% | 3/15/20 | 12,375 | 12,270 |
Abbott Laboratories | 4.125% | 5/27/20 | 2,700 | 2,800 |
Abbott Laboratories | 2.800% | 9/15/20 | 4,700 | 4,720 |
Abbott Laboratories | 2.900% | 11/30/21 | 27,000 | 27,284 |
Abbott Laboratories | 2.550% | 3/15/22 | 5,725 | 5,667 |
Abbott Laboratories | 3.250% | 4/15/23 | 5,925 | 5,995 |
Abbott Laboratories | 3.400% | 11/30/23 | 25,100 | 25,537 |
Abbott Laboratories | 2.950% | 3/15/25 | 1,500 | 1,477 |
Abbott Laboratories | 3.875% | 9/15/25 | 2,625 | 2,722 |
Abbott Laboratories | 3.750% | 11/30/26 | 26,950 | 27,681 |
Abbott Laboratories | 4.750% | 11/30/36 | 15,760 | 17,712 |
Abbott Laboratories | 6.150% | 11/30/37 | 3,980 | 5,018 |
Abbott Laboratories | 6.000% | 4/1/39 | 350 | 439 |
Abbott Laboratories | 5.300% | 5/27/40 | 1,851 | 2,146 |
Abbott Laboratories | 4.750% | 4/15/43 | 6,125 | 6,806 |
Abbott Laboratories | 4.900% | 11/30/46 | 34,520 | 39,402 |
AbbVie Inc. | 2.500% | 5/14/20 | 30,670 | 30,740 |
AbbVie Inc. | 2.300% | 5/14/21 | 5,550 | 5,510 |
AbbVie Inc. | 2.900% | 11/6/22 | 19,507 | 19,564 |
AbbVie Inc. | 3.200% | 11/6/22 | 13,666 | 13,878 |
AbbVie Inc. | 2.850% | 5/14/23 | 10,000 | 9,978 |
AbbVie Inc. | 3.600% | 5/14/25 | 29,860 | 30,688 |
AbbVie Inc. | 3.200% | 5/14/26 | 16,065 | 16,013 |
AbbVie Inc. | 4.500% | 5/14/35 | 16,795 | 18,450 |
97
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
AbbVie Inc. | 4.300% | 5/14/36 | 9,925 | 10,626 |
AbbVie Inc. | 4.400% | 11/6/42 | 22,988 | 24,638 |
AbbVie Inc. | 4.700% | 5/14/45 | 22,753 | 25,371 |
AbbVie Inc. | 4.450% | 5/14/46 | 13,275 | 14,344 |
Actavis Inc. | 3.250% | 10/1/22 | 20,164 | 20,194 |
Actavis Inc. | 4.625% | 10/1/42 | 1,800 | 1,854 |
Agilent Technologies Inc. | 5.000% | 7/15/20 | 4,600 | 4,878 |
Agilent Technologies Inc. | 3.200% | 10/1/22 | 6,015 | 6,058 |
Agilent Technologies Inc. | 3.875% | 7/15/23 | 3,800 | 3,940 |
Agilent Technologies Inc. | 3.050% | 9/22/26 | 6,700 | 6,463 |
Ahold Finance USA LLC | 6.875% | 5/1/29 | 1,100 | 1,357 |
AHS Hospital Corp. | 5.024% | 7/1/45 | 3,300 | 3,977 |
Allergan Funding SCS | 2.450% | 6/15/19 | 10,720 | 10,722 |
Allergan Funding SCS | 3.000% | 3/12/20 | 31,950 | 32,191 |
Allergan Funding SCS | 3.450% | 3/15/22 | 16,700 | 16,951 |
Allergan Funding SCS | 3.850% | 6/15/24 | 11,325 | 11,588 |
Allergan Funding SCS | 3.800% | 3/15/25 | 37,648 | 38,177 |
Allergan Funding SCS | 4.550% | 3/15/35 | 19,845 | 20,907 |
Allergan Funding SCS | 4.850% | 6/15/44 | 17,126 | 18,356 |
Allergan Funding SCS | 4.750% | 3/15/45 | 9,859 | 10,478 |
Allergan Inc. | 3.375% | 9/15/20 | 2,000 | 2,038 |
Altria Group Inc. | 9.250% | 8/6/19 | 401 | 445 |
Altria Group Inc. | 2.625% | 1/14/20 | 16,498 | 16,597 |
Altria Group Inc. | 4.750% | 5/5/21 | 15,395 | 16,495 |
Altria Group Inc. | 2.850% | 8/9/22 | 9,550 | 9,601 |
Altria Group Inc. | 2.950% | 5/2/23 | 3,175 | 3,184 |
Altria Group Inc. | 4.000% | 1/31/24 | 11,100 | 11,772 |
Altria Group Inc. | 2.625% | 9/16/26 | 1,750 | 1,692 |
Altria Group Inc. | 4.250% | 8/9/42 | 9,166 | 9,561 |
Altria Group Inc. | 4.500% | 5/2/43 | 6,334 | 6,842 |
Altria Group Inc. | 5.375% | 1/31/44 | 12,738 | 15,500 |
Altria Group Inc. | 3.875% | 9/16/46 | 9,200 | 9,107 |
AmerisourceBergen Corp. | 3.500% | 11/15/21 | 6,375 | 6,520 |
AmerisourceBergen Corp. | 3.400% | 5/15/24 | 4,475 | 4,556 |
AmerisourceBergen Corp. | 3.250% | 3/1/25 | 5,725 | 5,771 |
AmerisourceBergen Corp. | 3.450% | 12/15/27 | 5,000 | 4,965 |
AmerisourceBergen Corp. | 4.250% | 3/1/45 | 2,625 | 2,611 |
AmerisourceBergen Corp. | 4.300% | 12/15/47 | 5,750 | 5,814 |
Amgen Inc. | 5.700% | 2/1/19 | 8,014 | 8,305 |
Amgen Inc. | 1.900% | 5/10/19 | 9,500 | 9,479 |
Amgen Inc. | 2.200% | 5/22/19 | 10,470 | 10,474 |
Amgen Inc. | 2.125% | 5/1/20 | 8,870 | 8,821 |
Amgen Inc. | 2.200% | 5/11/20 | 10,060 | 10,026 |
Amgen Inc. | 3.450% | 10/1/20 | 2,775 | 2,849 |
Amgen Inc. | 4.100% | 6/15/21 | 7,515 | 7,856 |
Amgen Inc. | 1.850% | 8/19/21 | 6,725 | 6,559 |
Amgen Inc. | 3.875% | 11/15/21 | 6,320 | 6,601 |
Amgen Inc. | 2.700% | 5/1/22 | 3,675 | 3,671 |
Amgen Inc. | 2.650% | 5/11/22 | 4,050 | 4,039 |
Amgen Inc. | 3.625% | 5/15/22 | 11,075 | 11,455 |
Amgen Inc. | 2.250% | 8/19/23 | 7,100 | 6,882 |
Amgen Inc. | 3.625% | 5/22/24 | 15,429 | 16,054 |
Amgen Inc. | 3.125% | 5/1/25 | 3,000 | 3,012 |
Amgen Inc. | 2.600% | 8/19/26 | 9,950 | 9,529 |
98
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Amgen Inc. | 3.200% | 11/2/27 | 5,355 | 5,366 | |
Amgen Inc. | 4.950% | 10/1/41 | 4,075 | 4,710 | |
Amgen Inc. | 5.150% | 11/15/41 | 400 | 478 | |
Amgen Inc. | 4.400% | 5/1/45 | 19,050 | 20,696 | |
Amgen Inc. | 4.563% | 6/15/48 | 28,809 | 31,955 | |
Amgen Inc. | 4.663% | 6/15/51 | 31,243 | 34,958 | |
Anheuser-Busch Cos. LLC | 5.000% | 3/1/19 | 2,825 | 2,917 | |
Anheuser-Busch InBev Finance Inc. | 1.900% | 2/1/19 | 38,129 | 38,051 | |
Anheuser-Busch InBev Finance Inc. | 2.150% | 2/1/19 | 17,000 | 17,003 | |
Anheuser-Busch InBev Finance Inc. | 2.650% | 2/1/21 | 57,760 | 58,041 | |
Anheuser-Busch InBev Finance Inc. | 2.625% | 1/17/23 | 17,965 | 17,864 | |
Anheuser-Busch InBev Finance Inc. | 3.300% | 2/1/23 | 56,975 | 58,247 | |
Anheuser-Busch InBev Finance Inc. | 3.700% | 2/1/24 | 8,100 | 8,466 | |
Anheuser-Busch InBev Finance Inc. | 3.650% | 2/1/26 | 91,367 | 94,242 | |
Anheuser-Busch InBev Finance Inc. | 4.700% | 2/1/36 | 42,795 | 48,014 | |
Anheuser-Busch InBev Finance Inc. | 4.000% | 1/17/43 | 15,925 | 16,117 | |
Anheuser-Busch InBev Finance Inc. | 4.625% | 2/1/44 | 6,986 | 7,720 | |
Anheuser-Busch InBev Finance Inc. | 4.900% | 2/1/46 | 90,840 | 105,166 | |
Anheuser-Busch InBev Worldwide Inc. | 7.750% | 1/15/19 | 10,435 | 11,022 | |
Anheuser-Busch InBev Worldwide Inc. | 6.875% | 11/15/19 | 10,525 | 11,405 | |
Anheuser-Busch InBev Worldwide Inc. | 5.375% | 1/15/20 | 26,865 | 28,448 | |
Anheuser-Busch InBev Worldwide Inc. | 5.000% | 4/15/20 | 7,375 | 7,819 | |
Anheuser-Busch InBev Worldwide Inc. | 4.375% | 2/15/21 | 2,200 | 2,322 | |
Anheuser-Busch InBev Worldwide Inc. | 3.750% | 1/15/22 | 7,275 | 7,595 | |
Anheuser-Busch InBev Worldwide Inc. | 2.500% | 7/15/22 | 27,251 | 27,014 | |
Anheuser-Busch InBev Worldwide Inc. | 8.200% | 1/15/39 | 6,250 | 9,918 | |
Anheuser-Busch InBev Worldwide Inc. | 4.950% | 1/15/42 | 14,126 | 16,368 | |
Anheuser-Busch InBev Worldwide Inc. | 3.750% | 7/15/42 | 14,107 | 13,745 | |
Anheuser-Busch InBev Worldwide Inc. | 4.439% | 10/6/48 | 15,510 | 16,929 | |
Archer-Daniels-Midland Co. | 4.479% | 3/1/21 | 587 | 623 | |
Archer-Daniels-Midland Co. | 2.500% | 8/11/26 | 10,050 | 9,594 | |
Archer-Daniels-Midland Co. | 5.935% | 10/1/32 | 530 | 657 | |
Archer-Daniels-Midland Co. | 5.375% | 9/15/35 | 2,345 | 2,847 | |
Archer-Daniels-Midland Co. | 4.535% | 3/26/42 | 2,825 | 3,145 | |
Archer-Daniels-Midland Co. | 4.016% | 4/16/43 | 5,291 | 5,552 | |
Archer-Daniels-Midland Co. | 3.750% | 9/15/47 | 6,500 | 6,577 | |
Ascension Health | 3.945% | 11/15/46 | 7,935 | 8,330 | |
5 | Ascension Health | 4.847% | 11/15/53 | 1,375 | 1,614 |
AstraZeneca plc | 1.950% | 9/18/19 | 5,900 | 5,860 | |
AstraZeneca plc | 2.375% | 11/16/20 | 12,725 | 12,697 | |
AstraZeneca plc | 2.375% | 6/12/22 | 7,625 | 7,486 | |
AstraZeneca plc | 3.375% | 11/16/25 | 8,740 | 8,867 | |
AstraZeneca plc | 3.125% | 6/12/27 | 5,800 | 5,739 | |
AstraZeneca plc | 6.450% | 9/15/37 | 14,620 | 19,751 | |
AstraZeneca plc | 4.000% | 9/18/42 | 7,925 | 8,058 | |
AstraZeneca plc | 4.375% | 11/16/45 | 12,300 | 13,367 | |
10 | BAT Capital Corp. | 2.297% | 8/14/20 | 23,700 | 23,562 |
10 | BAT Capital Corp. | 2.764% | 8/15/22 | 17,000 | 16,904 |
10 | BAT Capital Corp. | 3.222% | 8/15/24 | 19,700 | 19,702 |
10 | BAT Capital Corp. | 3.557% | 8/15/27 | 27,900 | 27,928 |
10 | BAT Capital Corp. | 4.390% | 8/15/37 | 21,850 | 22,888 |
10 | BAT Capital Corp. | 4.540% | 8/15/47 | 23,050 | 24,264 |
Baxalta Inc. | 2.875% | 6/23/20 | 5,475 | 5,504 | |
Baxalta Inc. | 3.600% | 6/23/22 | 3,950 | 4,036 |
99
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Baxalta Inc. | 4.000% | 6/23/25 | 14,000 | 14,462 |
Baxalta Inc. | 5.250% | 6/23/45 | 8,880 | 10,305 |
Baxter International Inc. | 1.700% | 8/15/21 | 4,425 | 4,291 |
Baxter International Inc. | 2.600% | 8/15/26 | 1,925 | 1,832 |
Baxter International Inc. | 3.500% | 8/15/46 | 3,550 | 3,270 |
Baylor Scott & White Holdings Texas | ||||
Revenue | 4.185% | 11/15/45 | 4,230 | 4,506 |
Beam Suntory Inc. | 3.250% | 5/15/22 | 600 | 610 |
Beam Suntory Inc. | 3.250% | 6/15/23 | 1,400 | 1,416 |
Becton Dickinson & Co. | 2.133% | 6/6/19 | 9,000 | 8,981 |
Becton Dickinson & Co. | 2.675% | 12/15/19 | 8,686 | 8,724 |
Becton Dickinson & Co. | 2.404% | 6/5/20 | 7,425 | 7,383 |
Becton Dickinson & Co. | 3.250% | 11/12/20 | 5,250 | 5,343 |
Becton Dickinson & Co. | 3.125% | 11/8/21 | 13,235 | 13,306 |
Becton Dickinson & Co. | 2.894% | 6/6/22 | 14,225 | 14,148 |
Becton Dickinson & Co. | 3.300% | 3/1/23 | 3,750 | 3,769 |
Becton Dickinson & Co. | 3.363% | 6/6/24 | 8,000 | 8,027 |
Becton Dickinson & Co. | 3.734% | 12/15/24 | 11,003 | 11,253 |
Becton Dickinson & Co. | 3.700% | 6/6/27 | 19,500 | 19,647 |
Becton Dickinson & Co. | 5.000% | 11/12/40 | 6,572 | 7,294 |
Becton Dickinson & Co. | 4.875% | 5/15/44 | 725 | 774 |
Becton Dickinson & Co. | 4.685% | 12/15/44 | 7,875 | 8,576 |
Becton Dickinson & Co. | 4.669% | 6/6/47 | 8,500 | 9,149 |
Bio-Rad Laboratories Inc. | 4.875% | 12/15/20 | 2,500 | 2,644 |
Biogen Inc. | 2.900% | 9/15/20 | 17,891 | 18,142 |
Biogen Inc. | 3.625% | 9/15/22 | 14,216 | 14,700 |
Biogen Inc. | 4.050% | 9/15/25 | 13,870 | 14,684 |
Biogen Inc. | 5.200% | 9/15/45 | 19,030 | 22,568 |
Boston Children’s Hospital Corp. Revenue | 4.115% | 1/1/47 | 1,400 | 1,484 |
Boston Scientific Corp. | 6.000% | 1/15/20 | 3,670 | 3,913 |
Boston Scientific Corp. | 2.850% | 5/15/20 | 500 | 503 |
Boston Scientific Corp. | 3.375% | 5/15/22 | 2,975 | 3,017 |
Boston Scientific Corp. | 4.125% | 10/1/23 | 2,700 | 2,826 |
Boston Scientific Corp. | 3.850% | 5/15/25 | 4,550 | 4,678 |
Boston Scientific Corp. | 7.000% | 11/15/35 | 4,100 | 5,287 |
Boston Scientific Corp. | 7.375% | 1/15/40 | 1,125 | 1,552 |
Bristol-Myers Squibb Co. | 1.600% | 2/27/19 | 3,000 | 2,986 |
Bristol-Myers Squibb Co. | 1.750% | 3/1/19 | 4,325 | 4,310 |
Bristol-Myers Squibb Co. | 2.000% | 8/1/22 | 12,675 | 12,395 |
Bristol-Myers Squibb Co. | 7.150% | 6/15/23 | 100 | 121 |
Bristol-Myers Squibb Co. | 3.250% | 11/1/23 | 1,750 | 1,813 |
Bristol-Myers Squibb Co. | 3.250% | 8/1/42 | 5,665 | 5,438 |
Bristol-Myers Squibb Co. | 4.500% | 3/1/44 | 3,108 | 3,566 |
Brown-Forman Corp. | 4.500% | 7/15/45 | 3,970 | 4,461 |
Bunge Ltd. Finance Corp. | 8.500% | 6/15/19 | 4,315 | 4,671 |
Bunge Ltd. Finance Corp. | 3.500% | 11/24/20 | 2,600 | 2,650 |
Bunge Ltd. Finance Corp. | 3.000% | 9/25/22 | 4,768 | 4,711 |
Bunge Ltd. Finance Corp. | 3.250% | 8/15/26 | 4,140 | 3,952 |
Bunge Ltd. Finance Corp. | 3.750% | 9/25/27 | 5,750 | 5,619 |
Campbell Soup Co. | 2.500% | 8/2/22 | 1,850 | 1,830 |
Campbell Soup Co. | 3.300% | 3/19/25 | 1,900 | 1,893 |
Campbell Soup Co. | 3.800% | 8/2/42 | 2,550 | 2,446 |
Cardinal Health Inc. | 1.948% | 6/14/19 | 5,700 | 5,666 |
Cardinal Health Inc. | 4.625% | 12/15/20 | 5,135 | 5,397 |
100
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Cardinal Health Inc. | 2.616% | 6/15/22 | 9,000 | 8,859 |
Cardinal Health Inc. | 3.200% | 6/15/22 | 2,070 | 2,076 |
Cardinal Health Inc. | 3.200% | 3/15/23 | 4,450 | 4,453 |
Cardinal Health Inc. | 3.079% | 6/15/24 | 4,600 | 4,527 |
Cardinal Health Inc. | 3.750% | 9/15/25 | 1,750 | 1,783 |
Cardinal Health Inc. | 3.410% | 6/15/27 | 10,115 | 9,895 |
Cardinal Health Inc. | 4.600% | 3/15/43 | 1,275 | 1,307 |
Cardinal Health Inc. | 4.500% | 11/15/44 | 2,525 | 2,575 |
Cardinal Health Inc. | 4.900% | 9/15/45 | 3,230 | 3,458 |
Cardinal Health Inc. | 4.368% | 6/15/47 | 5,150 | 5,094 |
Catholic Health Initiatives Colorado GO | 2.950% | 11/1/22 | 3,225 | 3,194 |
5 Catholic Health Initiatives Colorado GO | 4.350% | 11/1/42 | 6,900 | 6,658 |
Celgene Corp. | 2.250% | 5/15/19 | 3,975 | 3,966 |
Celgene Corp. | 2.875% | 8/15/20 | 11,725 | 11,833 |
Celgene Corp. | 3.950% | 10/15/20 | 10,310 | 10,687 |
Celgene Corp. | 3.250% | 8/15/22 | 5,700 | 5,784 |
Celgene Corp. | 3.550% | 8/15/22 | 3,985 | 4,092 |
Celgene Corp. | 2.750% | 2/15/23 | 5,400 | 5,343 |
Celgene Corp. | 4.000% | 8/15/23 | 3,550 | 3,711 |
Celgene Corp. | 3.625% | 5/15/24 | 15,900 | 16,347 |
Celgene Corp. | 3.875% | 8/15/25 | 19,450 | 20,112 |
Celgene Corp. | 3.450% | 11/15/27 | 3,885 | 3,893 |
Celgene Corp. | 5.700% | 10/15/40 | 2,792 | 3,287 |
Celgene Corp. | 5.250% | 8/15/43 | 3,805 | 4,393 |
Celgene Corp. | 4.625% | 5/15/44 | 5,750 | 6,124 |
Celgene Corp. | 5.000% | 8/15/45 | 14,865 | 16,814 |
Celgene Corp. | 4.350% | 11/15/47 | 10,475 | 10,879 |
Children’s Hospital Medical Center Ohio GO | 4.268% | 5/15/44 | 1,050 | 1,144 |
Church & Dwight Co. Inc. | 2.450% | 12/15/19 | 2,590 | 2,584 |
Church & Dwight Co. Inc. | 2.450% | 8/1/22 | 1,500 | 1,482 |
Church & Dwight Co. Inc. | 3.150% | 8/1/27 | 3,200 | 3,149 |
Church & Dwight Co. Inc. | 3.950% | 8/1/47 | 3,175 | 3,178 |
City of Hope | 5.623% | 11/15/43 | 2,000 | 2,522 |
Cleveland Clinic Foundation Ohio Revenue | 4.858% | 1/1/14 | 3,115 | 3,486 |
Clorox Co. | 3.800% | 11/15/21 | 1,288 | 1,341 |
Clorox Co. | 3.050% | 9/15/22 | 4,675 | 4,748 |
Clorox Co. | 3.500% | 12/15/24 | 3,850 | 3,957 |
Clorox Co. | 3.100% | 10/1/27 | 2,250 | 2,251 |
Coca-Cola Bottling Co. Consolidated | 3.800% | 11/25/25 | 8,117 | 8,231 |
Coca-Cola Co. | 1.375% | 5/30/19 | 3,300 | 3,272 |
Coca-Cola Co. | 1.875% | 10/27/20 | 10,715 | 10,644 |
Coca-Cola Co. | 2.450% | 11/1/20 | 15,250 | 15,350 |
Coca-Cola Co. | 3.150% | 11/15/20 | 1,100 | 1,129 |
Coca-Cola Co. | 1.550% | 9/1/21 | 8,750 | 8,537 |
Coca-Cola Co. | 3.300% | 9/1/21 | 4,780 | 4,931 |
Coca-Cola Co. | 2.200% | 5/25/22 | 3,750 | 3,709 |
Coca-Cola Co. | 2.500% | 4/1/23 | 3,550 | 3,558 |
Coca-Cola Co. | 3.200% | 11/1/23 | 9,575 | 9,918 |
Coca-Cola Co. | 2.875% | 10/27/25 | 10,650 | 10,695 |
Coca-Cola Co. | 2.550% | 6/1/26 | 7,825 | 7,625 |
Coca-Cola Co. | 2.250% | 9/1/26 | 7,725 | 7,335 |
Coca-Cola Co. | 2.900% | 5/25/27 | 5,975 | 5,992 |
Coca-Cola Enterprises Inc. | 3.500% | 9/15/20 | 4,250 | 4,363 |
Coca-Cola Enterprises Inc. | 4.500% | 9/1/21 | 1,675 | 1,768 |
101
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Coca-Cola Femsa SAB de CV | 4.625% | 2/15/20 | 1,925 | 2,007 |
Coca-Cola Femsa SAB de CV | 3.875% | 11/26/23 | 6,480 | 6,727 |
Coca-Cola Femsa SAB de CV | 5.250% | 11/26/43 | 7,800 | 9,204 |
Colgate-Palmolive Co. | 1.750% | 3/15/19 | 4,000 | 3,986 |
Colgate-Palmolive Co. | 2.450% | 11/15/21 | 2,680 | 2,687 |
Colgate-Palmolive Co. | 2.300% | 5/3/22 | 8,311 | 8,252 |
Colgate-Palmolive Co. | 2.250% | 11/15/22 | 6,525 | 6,461 |
Colgate-Palmolive Co. | 1.950% | 2/1/23 | 6,800 | 6,608 |
Colgate-Palmolive Co. | 2.100% | 5/1/23 | 1,450 | 1,417 |
Colgate-Palmolive Co. | 3.250% | 3/15/24 | 4,200 | 4,327 |
Colgate-Palmolive Co. | 4.000% | 8/15/45 | 4,695 | 5,036 |
Colgate-Palmolive Co. | 3.700% | 8/1/47 | 5,500 | 5,616 |
Conagra Brands Inc. | 3.250% | 9/15/22 | 4,300 | 4,346 |
Conagra Brands Inc. | 3.200% | 1/25/23 | 6,011 | 6,074 |
Conagra Brands Inc. | 7.000% | 10/1/28 | 450 | 561 |
Conagra Brands Inc. | 8.250% | 9/15/30 | 3,825 | 5,294 |
Constellation Brands Inc. | 2.000% | 11/7/19 | 4,000 | 3,975 |
Constellation Brands Inc. | 3.875% | 11/15/19 | 11,500 | 11,813 |
Constellation Brands Inc. | 2.250% | 11/6/20 | 6,225 | 6,167 |
Constellation Brands Inc. | 3.750% | 5/1/21 | 4,261 | 4,406 |
Constellation Brands Inc. | 6.000% | 5/1/22 | 5,905 | 6,630 |
Constellation Brands Inc. | 2.700% | 5/9/22 | 6,607 | 6,571 |
Constellation Brands Inc. | 2.650% | 11/7/22 | 3,725 | 3,681 |
Constellation Brands Inc. | 4.250% | 5/1/23 | 10,500 | 11,123 |
Constellation Brands Inc. | 4.750% | 11/15/24 | 8,571 | 9,387 |
Constellation Brands Inc. | 4.750% | 12/1/25 | 2,700 | 2,968 |
Constellation Brands Inc. | 3.700% | 12/6/26 | 5,200 | 5,346 |
Constellation Brands Inc. | 3.500% | 5/9/27 | 1,875 | 1,907 |
Constellation Brands Inc. | 4.500% | 5/9/47 | 3,875 | 4,219 |
Covidien International Finance SA | 4.200% | 6/15/20 | 3,675 | 3,836 |
Covidien International Finance SA | 3.200% | 6/15/22 | 5,869 | 5,968 |
CR Bard Inc. | 4.400% | 1/15/21 | 2,220 | 2,312 |
CR Bard Inc. | 3.000% | 5/15/26 | 2,000 | 1,967 |
CR Bard Inc. | 6.700% | 12/1/26 | 2,300 | 2,749 |
Danaher Corp. | 2.400% | 9/15/20 | 3,350 | 3,356 |
Danaher Corp. | 3.350% | 9/15/25 | 3,725 | 3,849 |
Danaher Corp. | 4.375% | 9/15/45 | 3,775 | 4,186 |
Delhaize America LLC | 9.000% | 4/15/31 | 1,930 | 2,761 |
Diageo Capital plc | 4.828% | 7/15/20 | 4,050 | 4,293 |
Diageo Capital plc | 2.625% | 4/29/23 | 11,470 | 11,450 |
Diageo Capital plc | 5.875% | 9/30/36 | 500 | 659 |
Diageo Capital plc | 3.875% | 4/29/43 | 5,569 | 5,828 |
Diageo Investment Corp. | 2.875% | 5/11/22 | 9,485 | 9,594 |
Diageo Investment Corp. | 7.450% | 4/15/35 | 275 | 401 |
Diageo Investment Corp. | 4.250% | 5/11/42 | 5,137 | 5,593 |
Dignity Health California GO | 2.637% | 11/1/19 | 2,250 | 2,248 |
Dignity Health California GO | 3.125% | 11/1/22 | 900 | 904 |
Dignity Health California GO | 3.812% | 11/1/24 | 2,050 | 2,108 |
Dignity Health California GO | 4.500% | 11/1/42 | 5,300 | 5,227 |
Dignity Health California GO | 5.267% | 11/1/64 | 1,000 | 1,064 |
Dr Pepper Snapple Group Inc. | 2.600% | 1/15/19 | 4,785 | 4,798 |
Dr Pepper Snapple Group Inc. | 2.000% | 1/15/20 | 3,475 | 3,446 |
Dr Pepper Snapple Group Inc. | 2.700% | 11/15/22 | 2,725 | 2,702 |
Dr Pepper Snapple Group Inc. | 3.130% | 12/15/23 | 3,350 | 3,385 |
102
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Dr Pepper Snapple Group Inc. | 3.400% | 11/15/25 | 3,650 | 3,684 | |
Dr Pepper Snapple Group Inc. | 2.550% | 9/15/26 | 3,500 | 3,304 | |
10 | Dr Pepper Snapple Group Inc. | 3.430% | 6/15/27 | 1,225 | 1,226 |
Dr Pepper Snapple Group Inc. | 3.430% | 6/15/27 | 3,075 | 3,079 | |
Dr Pepper Snapple Group Inc. | 7.450% | 5/1/38 | 305 | 440 | |
10 | Dr Pepper Snapple Group Inc. | 4.500% | 11/15/45 | 4,750 | 5,094 |
Duke University Health System Inc. | 3.920% | 6/1/47 | 4,300 | 4,480 | |
Eli Lilly & Co. | 1.950% | 3/15/19 | 9,250 | 9,252 | |
Eli Lilly & Co. | 2.350% | 5/15/22 | 1,500 | 1,494 | |
Eli Lilly & Co. | 2.750% | 6/1/25 | 5,950 | 5,976 | |
Eli Lilly & Co. | 3.100% | 5/15/27 | 5,500 | 5,578 | |
Eli Lilly & Co. | 5.550% | 3/15/37 | 3,210 | 4,107 | |
Eli Lilly & Co. | 3.700% | 3/1/45 | 6,950 | 7,200 | |
Eli Lilly & Co. | 3.950% | 5/15/47 | 5,675 | 6,083 | |
Estee Lauder Cos. Inc. | 1.800% | 2/7/20 | 7,625 | 7,569 | |
Estee Lauder Cos. Inc. | 1.700% | 5/10/21 | 2,925 | 2,860 | |
Estee Lauder Cos. Inc. | 3.150% | 3/15/27 | 4,300 | 4,329 | |
Estee Lauder Cos. Inc. | 6.000% | 5/15/37 | 1,650 | 2,135 | |
Estee Lauder Cos. Inc. | 4.375% | 6/15/45 | 4,125 | 4,615 | |
Estee Lauder Cos. Inc. | 4.150% | 3/15/47 | 7,025 | 7,647 | |
Express Scripts Holding Co. | 2.600% | 11/30/20 | 5,000 | 4,993 | |
Express Scripts Holding Co. | 3.300% | 2/25/21 | 3,750 | 3,808 | |
Express Scripts Holding Co. | 4.750% | 11/15/21 | 9,892 | 10,551 | |
Express Scripts Holding Co. | 3.900% | 2/15/22 | 12,956 | 13,417 | |
Express Scripts Holding Co. | 3.050% | 11/30/22 | 5,000 | 4,999 | |
Express Scripts Holding Co. | 3.000% | 7/15/23 | 14,450 | 14,388 | |
Express Scripts Holding Co. | 3.500% | 6/15/24 | 15,130 | 15,230 | |
Express Scripts Holding Co. | 4.500% | 2/25/26 | 14,575 | 15,467 | |
Express Scripts Holding Co. | 3.400% | 3/1/27 | 16,440 | 16,079 | |
Express Scripts Holding Co. | 6.125% | 11/15/41 | 3,577 | 4,384 | |
Express Scripts Holding Co. | 4.800% | 7/15/46 | 18,100 | 19,228 | |
Flowers Foods Inc. | 4.375% | 4/1/22 | 4,725 | 5,004 | |
Flowers Foods Inc. | 3.500% | 10/1/26 | 1,950 | 1,902 | |
Fomento Economico Mexicano SAB de CV | 2.875% | 5/10/23 | 600 | 594 | |
Fomento Economico Mexicano SAB de CV | 4.375% | 5/10/43 | 2,950 | 3,090 | |
Genentech Inc. | 5.250% | 7/15/35 | 600 | 723 | |
General Mills Inc. | 5.650% | 2/15/19 | 10,075 | 10,455 | |
General Mills Inc. | 2.200% | 10/21/19 | 11,700 | 11,701 | |
General Mills Inc. | 3.150% | 12/15/21 | 7,875 | 8,023 | |
General Mills Inc. | 2.600% | 10/12/22 | 4,400 | 4,368 | |
General Mills Inc. | 3.650% | 2/15/24 | 825 | 865 | |
General Mills Inc. | 3.200% | 2/10/27 | 4,500 | 4,470 | |
General Mills Inc. | 5.400% | 6/15/40 | 3,500 | 4,173 | |
General Mills Inc. | 4.150% | 2/15/43 | 1,500 | 1,520 | |
Gilead Sciences Inc. | 2.050% | 4/1/19 | 7,905 | 7,906 | |
Gilead Sciences Inc. | 2.350% | 2/1/20 | 4,025 | 4,041 | |
Gilead Sciences Inc. | 2.550% | 9/1/20 | 18,003 | 18,161 | |
Gilead Sciences Inc. | 4.500% | 4/1/21 | 8,450 | 8,969 | |
Gilead Sciences Inc. | 4.400% | 12/1/21 | 17,764 | 18,922 | |
Gilead Sciences Inc. | 1.950% | 3/1/22 | 4,375 | 4,273 | |
Gilead Sciences Inc. | 3.250% | 9/1/22 | 7,710 | 7,906 | |
Gilead Sciences Inc. | 2.500% | 9/1/23 | 10,000 | 9,857 | |
Gilead Sciences Inc. | 3.700% | 4/1/24 | 22,500 | 23,489 | |
Gilead Sciences Inc. | 3.500% | 2/1/25 | 8,910 | 9,184 |
103
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Gilead Sciences Inc. | 3.650% | 3/1/26 | 21,021 | 21,765 |
Gilead Sciences Inc. | 2.950% | 3/1/27 | 10,650 | 10,453 |
Gilead Sciences Inc. | 4.600% | 9/1/35 | 2,925 | 3,283 |
Gilead Sciences Inc. | 4.000% | 9/1/36 | 1,975 | 2,086 |
Gilead Sciences Inc. | 5.650% | 12/1/41 | 5,460 | 6,933 |
Gilead Sciences Inc. | 4.800% | 4/1/44 | 15,275 | 17,703 |
Gilead Sciences Inc. | 4.500% | 2/1/45 | 12,850 | 14,238 |
Gilead Sciences Inc. | 4.750% | 3/1/46 | 21,970 | 25,252 |
Gilead Sciences Inc. | 4.150% | 3/1/47 | 18,375 | 19,489 |
GlaxoSmithKline Capital Inc. | 2.800% | 3/18/23 | 4,831 | 4,877 |
GlaxoSmithKline Capital Inc. | 5.375% | 4/15/34 | 875 | 1,061 |
GlaxoSmithKline Capital Inc. | 6.375% | 5/15/38 | 24,360 | 34,348 |
GlaxoSmithKline Capital Inc. | 4.200% | 3/18/43 | 4,225 | 4,677 |
GlaxoSmithKline Capital plc | 2.850% | 5/8/22 | 10,450 | 10,576 |
Hackensack Meridian Health | 4.500% | 7/1/57 | 2,100 | 2,345 |
Hasbro Inc. | 3.150% | 5/15/21 | 3,200 | 3,221 |
Hasbro Inc. | 6.350% | 3/15/40 | 2,700 | 3,237 |
Hasbro Inc. | 5.100% | 5/15/44 | 4,513 | 4,725 |
Hershey Co. | 4.125% | 12/1/20 | 2,195 | 2,300 |
Hershey Co. | 2.625% | 5/1/23 | 2,750 | 2,765 |
Hershey Co. | 3.200% | 8/21/25 | 1,695 | 1,705 |
Hershey Co. | 2.300% | 8/15/26 | 4,075 | 3,823 |
Hillshire Brands Co. | 4.100% | 9/15/20 | 1,250 | 1,296 |
Ingredion Inc. | 4.625% | 11/1/20 | 890 | 936 |
Ingredion Inc. | 3.200% | 10/1/26 | 4,000 | 3,924 |
JM Smucker Co. | 2.200% | 12/6/19 | 2,000 | 1,997 |
JM Smucker Co. | 2.500% | 3/15/20 | 7,414 | 7,425 |
JM Smucker Co. | 3.500% | 10/15/21 | 7,245 | 7,451 |
JM Smucker Co. | 3.000% | 3/15/22 | 2,605 | 2,619 |
JM Smucker Co. | 3.500% | 3/15/25 | 6,950 | 7,099 |
JM Smucker Co. | 3.375% | 12/15/27 | 4,000 | 4,003 |
JM Smucker Co. | 4.250% | 3/15/35 | 2,600 | 2,735 |
JM Smucker Co. | 4.375% | 3/15/45 | 6,400 | 6,791 |
Johns Hopkins Health System Corp. | 3.837% | 5/15/46 | 3,100 | 3,178 |
Johnson & Johnson | 1.125% | 3/1/19 | 6,000 | 5,942 |
Johnson & Johnson | 1.875% | 12/5/19 | 3,500 | 3,484 |
Johnson & Johnson | 2.950% | 9/1/20 | 9,300 | 9,499 |
Johnson & Johnson | 1.950% | 11/10/20 | 800 | 797 |
Johnson & Johnson | 1.650% | 3/1/21 | 10,550 | 10,388 |
Johnson & Johnson | 3.550% | 5/15/21 | 2,325 | 2,419 |
Johnson & Johnson | 2.450% | 12/5/21 | 5,000 | 5,046 |
Johnson & Johnson | 2.250% | 3/3/22 | 9,725 | 9,692 |
Johnson & Johnson | 2.050% | 3/1/23 | 9,369 | 9,173 |
Johnson & Johnson | 6.730% | 11/15/23 | 1,203 | 1,456 |
Johnson & Johnson | 3.375% | 12/5/23 | 6,875 | 7,179 |
Johnson & Johnson | 2.625% | 1/15/25 | 5,500 | 5,440 |
Johnson & Johnson | 2.450% | 3/1/26 | 14,975 | 14,569 |
Johnson & Johnson | 2.950% | 3/3/27 | 10,250 | 10,320 |
Johnson & Johnson | 2.900% | 1/15/28 | 11,580 | 11,605 |
Johnson & Johnson | 6.950% | 9/1/29 | 1,700 | 2,311 |
Johnson & Johnson | 4.950% | 5/15/33 | 1,800 | 2,206 |
Johnson & Johnson | 4.375% | 12/5/33 | 12,104 | 13,796 |
Johnson & Johnson | 3.550% | 3/1/36 | 5,400 | 5,625 |
Johnson & Johnson | 3.625% | 3/3/37 | 12,675 | 13,342 |
104
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Johnson & Johnson | 5.950% | 8/15/37 | 1,330 | 1,819 |
Johnson & Johnson | 3.400% | 1/15/38 | 8,000 | 8,170 |
Johnson & Johnson | 5.850% | 7/15/38 | 3,797 | 5,154 |
Johnson & Johnson | 4.500% | 9/1/40 | 3,125 | 3,609 |
Johnson & Johnson | 4.850% | 5/15/41 | 200 | 238 |
Johnson & Johnson | 4.500% | 12/5/43 | 7,450 | 8,735 |
Johnson & Johnson | 3.700% | 3/1/46 | 17,825 | 18,644 |
Johnson & Johnson | 3.750% | 3/3/47 | 9,300 | 9,910 |
Johnson & Johnson | 3.500% | 1/15/48 | 7,225 | 7,382 |
Kaiser Foundation Hospitals | 3.500% | 4/1/22 | 1,835 | 1,889 |
Kaiser Foundation Hospitals | 3.150% | 5/1/27 | 4,200 | 4,202 |
Kaiser Foundation Hospitals | 4.875% | 4/1/42 | 5,300 | 6,268 |
Kaiser Foundation Hospitals | 4.150% | 5/1/47 | 11,025 | 11,942 |
Kellogg Co. | 4.150% | 11/15/19 | 300 | 310 |
Kellogg Co. | 4.000% | 12/15/20 | 8,805 | 9,194 |
Kellogg Co. | 2.650% | 12/1/23 | 7,100 | 6,987 |
Kellogg Co. | 3.250% | 4/1/26 | 4,775 | 4,749 |
Kellogg Co. | 3.400% | 11/15/27 | 8,475 | 8,429 |
Kellogg Co. | 7.450% | 4/1/31 | 867 | 1,158 |
Kellogg Co. | 4.500% | 4/1/46 | 9,000 | 9,546 |
Kimberly-Clark Corp. | 1.400% | 2/15/19 | 3,425 | 3,396 |
Kimberly-Clark Corp. | 1.850% | 3/1/20 | 2,400 | 2,379 |
Kimberly-Clark Corp. | 3.625% | 8/1/20 | 3,150 | 3,241 |
Kimberly-Clark Corp. | 3.875% | 3/1/21 | 4,015 | 4,192 |
Kimberly-Clark Corp. | 2.400% | 3/1/22 | 4,825 | 4,790 |
Kimberly-Clark Corp. | 2.400% | 6/1/23 | 1,600 | 1,575 |
Kimberly-Clark Corp. | 3.050% | 8/15/25 | 3,100 | 3,105 |
Kimberly-Clark Corp. | 2.750% | 2/15/26 | 2,575 | 2,535 |
Kimberly-Clark Corp. | 6.625% | 8/1/37 | 300 | 426 |
Kimberly-Clark Corp. | 5.300% | 3/1/41 | 8,275 | 10,436 |
Kimberly-Clark Corp. | 3.700% | 6/1/43 | 2,025 | 2,017 |
Kimberly-Clark Corp. | 3.200% | 7/30/46 | 4,950 | 4,620 |
Koninklijke Ahold Delhaize NV | 5.700% | 10/1/40 | 2,346 | 2,761 |
Koninklijke Philips NV | 3.750% | 3/15/22 | 9,350 | 9,724 |
Koninklijke Philips NV | 6.875% | 3/11/38 | 3,100 | 4,282 |
Koninklijke Philips NV | 5.000% | 3/15/42 | 5,825 | 6,788 |
Kraft Foods Group Inc. | 5.375% | 2/10/20 | 2,539 | 2,689 |
Kraft Foods Group Inc. | 3.500% | 6/6/22 | 7,175 | 7,342 |
Kraft Foods Group Inc. | 6.875% | 1/26/39 | 7,950 | 10,420 |
Kraft Foods Group Inc. | 6.500% | 2/9/40 | 7,900 | 10,015 |
Kraft Foods Group Inc. | 5.000% | 6/4/42 | 15,508 | 16,640 |
Kraft Heinz Foods Co. | 2.800% | 7/2/20 | 12,450 | 12,516 |
Kraft Heinz Foods Co. | 3.500% | 7/15/22 | 8,050 | 8,231 |
Kraft Heinz Foods Co. | 3.950% | 7/15/25 | 15,395 | 15,897 |
Kraft Heinz Foods Co. | 3.000% | 6/1/26 | 16,713 | 16,079 |
Kraft Heinz Foods Co. | 5.000% | 7/15/35 | 5,280 | 5,763 |
Kraft Heinz Foods Co. | 5.200% | 7/15/45 | 16,700 | 18,412 |
Kraft Heinz Foods Co. | 4.375% | 6/1/46 | 25,350 | 25,110 |
Kroger Co. | 4.450% | 2/1/47 | 11,475 | 11,469 |
Kroger Co. | 4.650% | 1/15/48 | 6,775 | 6,948 |
Laboratory Corp. of America Holdings | 2.625% | 2/1/20 | 1,500 | 1,504 |
Laboratory Corp. of America Holdings | 3.200% | 2/1/22 | 6,525 | 6,651 |
Laboratory Corp. of America Holdings | 3.750% | 8/23/22 | 475 | 493 |
Laboratory Corp. of America Holdings | 4.000% | 11/1/23 | 550 | 573 |
105
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Laboratory Corp. of America Holdings | 3.250% | 9/1/24 | 4,000 | 3,996 |
Laboratory Corp. of America Holdings | 3.600% | 2/1/25 | 6,408 | 6,514 |
Laboratory Corp. of America Holdings | 3.600% | 9/1/27 | 5,000 | 5,002 |
Laboratory Corp. of America Holdings | 4.700% | 2/1/45 | 7,750 | 8,421 |
Life Technologies Corp. | 6.000% | 3/1/20 | 3,690 | 3,941 |
Life Technologies Corp. | 5.000% | 1/15/21 | 2,175 | 2,302 |
Mattel Inc. | 3.150% | 3/15/23 | 775 | 667 |
5 Mayo Clinic | 3.774% | 11/15/43 | 5,125 | 5,190 |
5 Mayo Clinic | 4.000% | 11/15/47 | 1,375 | 1,417 |
5 Mayo Clinic | 4.128% | 11/15/52 | 1,125 | 1,189 |
McCormick & Co. Inc. | 3.900% | 7/15/21 | 875 | 906 |
McCormick & Co. Inc. | 2.700% | 8/15/22 | 5,000 | 4,990 |
McCormick & Co. Inc. | 3.150% | 8/15/24 | 3,600 | 3,623 |
McCormick & Co. Inc. | 3.400% | 8/15/27 | 8,500 | 8,615 |
McCormick & Co. Inc. | 4.200% | 8/15/47 | 3,995 | 4,202 |
McKesson Corp. | 7.500% | 2/15/19 | 4,405 | 4,653 |
McKesson Corp. | 2.284% | 3/15/19 | 8,550 | 8,552 |
McKesson Corp. | 4.750% | 3/1/21 | 4,180 | 4,429 |
McKesson Corp. | 2.700% | 12/15/22 | 9,300 | 9,187 |
McKesson Corp. | 2.850% | 3/15/23 | 1,500 | 1,495 |
McKesson Corp. | 3.796% | 3/15/24 | 9,200 | 9,524 |
McKesson Corp. | 6.000% | 3/1/41 | 5,225 | 6,385 |
McKesson Corp. | 4.883% | 3/15/44 | 2,650 | 2,850 |
Mead Johnson Nutrition Co. | 4.900% | 11/1/19 | 2,509 | 2,626 |
Mead Johnson Nutrition Co. | 3.000% | 11/15/20 | 5,775 | 5,861 |
Mead Johnson Nutrition Co. | 4.125% | 11/15/25 | 6,935 | 7,381 |
Mead Johnson Nutrition Co. | 5.900% | 11/1/39 | 5,535 | 7,006 |
Mead Johnson Nutrition Co. | 4.600% | 6/1/44 | 3,425 | 3,810 |
Medco Health Solutions Inc. | 4.125% | 9/15/20 | 590 | 612 |
Medtronic Global Holdings SCA | 1.700% | 3/28/19 | 5,400 | 5,377 |
Medtronic Global Holdings SCA | 3.350% | 4/1/27 | 6,725 | 6,878 |
Medtronic Inc. | 5.600% | 3/15/19 | 1,000 | 1,041 |
Medtronic Inc. | 2.500% | 3/15/20 | 27,317 | 27,463 |
Medtronic Inc. | 4.125% | 3/15/21 | 590 | 618 |
Medtronic Inc. | 3.125% | 3/15/22 | 17,233 | 17,607 |
Medtronic Inc. | 3.150% | 3/15/22 | 25,908 | 26,539 |
Medtronic Inc. | 3.625% | 3/15/24 | 5,000 | 5,226 |
Medtronic Inc. | 3.500% | 3/15/25 | 31,725 | 32,965 |
Medtronic Inc. | 4.375% | 3/15/35 | 22,417 | 25,233 |
Medtronic Inc. | 6.500% | 3/15/39 | 500 | 687 |
Medtronic Inc. | 5.550% | 3/15/40 | 1,725 | 2,186 |
Medtronic Inc. | 4.500% | 3/15/42 | 7,944 | 8,881 |
Medtronic Inc. | 4.625% | 3/15/44 | 4,881 | 5,595 |
Medtronic Inc. | 4.625% | 3/15/45 | 37,065 | 43,025 |
Memorial Sloan-Kettering Cancer Center | ||||
New York GO | 5.000% | 7/1/42 | 700 | 843 |
Memorial Sloan-Kettering Cancer Center | ||||
New York GO | 4.125% | 7/1/52 | 4,430 | 4,685 |
Memorial Sloan-Kettering Cancer Center | ||||
New York GO | 4.200% | 7/1/55 | 1,700 | 1,834 |
Merck & Co. Inc. | 1.850% | 2/10/20 | 11,900 | 11,832 |
Merck & Co. Inc. | 3.875% | 1/15/21 | 3,375 | 3,523 |
Merck & Co. Inc. | 2.350% | 2/10/22 | 9,934 | 9,913 |
Merck & Co. Inc. | 2.400% | 9/15/22 | 10,820 | 10,779 |
106
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Merck & Co. Inc. | 2.800% | 5/18/23 | 14,125 | 14,220 | |
Merck & Co. Inc. | 2.750% | 2/10/25 | 22,453 | 22,346 | |
Merck & Co. Inc. | 3.600% | 9/15/42 | 7,470 | 7,613 | |
Merck & Co. Inc. | 4.150% | 5/18/43 | 12,514 | 13,866 | |
Merck & Co. Inc. | 3.700% | 2/10/45 | 15,809 | 16,405 | |
Merck Sharp & Dohme Corp. | 5.000% | 6/30/19 | 9,845 | 10,266 | |
Molson Coors Brewing Co. | 1.900% | 3/15/19 | 4,800 | 4,779 | |
Molson Coors Brewing Co. | 1.450% | 7/15/19 | 1,750 | 1,724 | |
Molson Coors Brewing Co. | 2.250% | 3/15/20 | 4,800 | 4,777 | |
Molson Coors Brewing Co. | 2.100% | 7/15/21 | 5,213 | 5,104 | |
Molson Coors Brewing Co. | 3.500% | 5/1/22 | 1,050 | 1,071 | |
Molson Coors Brewing Co. | 3.000% | 7/15/26 | 17,176 | 16,802 | |
Molson Coors Brewing Co. | 5.000% | 5/1/42 | 5,625 | 6,405 | |
Molson Coors Brewing Co. | 4.200% | 7/15/46 | 15,550 | 15,853 | |
Mondelez International Inc. | 6.500% | 2/9/40 | 5,365 | 6,970 | |
5 | Mount Sinai Hospitals Group Inc. | 3.981% | 7/1/48 | 2,100 | 2,119 |
Mylan Inc. | 2.550% | 3/28/19 | 5,787 | 5,781 | |
10 | Mylan Inc. | 3.125% | 1/15/23 | 350 | 345 |
Mylan Inc. | 4.200% | 11/29/23 | 7,135 | 7,397 | |
Mylan Inc. | 5.400% | 11/29/43 | 3,270 | 3,537 | |
Mylan NV | 2.500% | 6/7/19 | 3,800 | 3,757 | |
Mylan NV | 3.750% | 12/15/20 | 350 | 357 | |
Mylan NV | 3.150% | 6/15/21 | 11,652 | 11,699 | |
Mylan NV | 3.950% | 6/15/26 | 18,920 | 19,090 | |
Mylan NV | 5.250% | 6/15/46 | 7,575 | 8,183 | |
New York & Presbyterian Hospital | 4.024% | 8/1/45 | 4,390 | 4,647 | |
New York & Presbyterian Hospital | 4.063% | 8/1/56 | 4,575 | 4,757 | |
Newell Brands Inc. | 2.875% | 12/1/19 | 4,475 | 4,516 | |
Newell Brands Inc. | 3.150% | 4/1/21 | 9,292 | 9,396 | |
Newell Brands Inc. | 3.850% | 4/1/23 | 16,850 | 17,428 | |
Newell Brands Inc. | 4.000% | 12/1/24 | 7,930 | 8,243 | |
Newell Brands Inc. | 3.900% | 11/1/25 | 3,825 | 3,922 | |
Newell Brands Inc. | 4.200% | 4/1/26 | 19,581 | 20,420 | |
Newell Brands Inc. | 5.375% | 4/1/36 | 5,075 | 5,926 | |
Newell Brands Inc. | 5.500% | 4/1/46 | 15,150 | 18,151 | |
Northwell Healthcare Inc. | 3.979% | 11/1/46 | 6,900 | 6,732 | |
Northwell Healthcare Inc. | 4.260% | 11/1/47 | 8,000 | 8,200 | |
Novartis Capital Corp. | 1.800% | 2/14/20 | 21,125 | 20,922 | |
Novartis Capital Corp. | 4.400% | 4/24/20 | 7,300 | 7,658 | |
Novartis Capital Corp. | 2.400% | 5/17/22 | 23,825 | 23,722 | |
Novartis Capital Corp. | 2.400% | 9/21/22 | 25,789 | 25,612 | |
Novartis Capital Corp. | 3.400% | 5/6/24 | 2,528 | 2,628 | |
Novartis Capital Corp. | 3.000% | 11/20/25 | 7,250 | 7,309 | |
Novartis Capital Corp. | 3.100% | 5/17/27 | 10,750 | 10,921 | |
Novartis Capital Corp. | 3.700% | 9/21/42 | 2,575 | 2,641 | |
Novartis Capital Corp. | 4.400% | 5/6/44 | 16,442 | 18,872 | |
Novartis Capital Corp. | 4.000% | 11/20/45 | 9,650 | 10,480 | |
Novartis Securities Investment Ltd. | 5.125% | 2/10/19 | 10,540 | 10,878 | |
NYU Hospitals Center | 4.784% | 7/1/44 | 3,325 | 3,824 | |
5 | NYU Hospitals Center | 4.368% | 7/1/47 | 4,200 | 4,513 |
Ochsner Clinic Foundation | 5.897% | 5/15/45 | 275 | 358 | |
Partners Healthcare System Inc. | 4.117% | 7/1/55 | 2,500 | 2,605 | |
PepsiCo Inc. | 2.250% | 1/7/19 | 9,075 | 9,099 | |
PepsiCo Inc. | 1.550% | 5/2/19 | 13,000 | 12,923 |
107
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
PepsiCo Inc. | 1.350% | 10/4/19 | 5,500 | 5,432 |
PepsiCo Inc. | 4.500% | 1/15/20 | 2,800 | 2,930 |
PepsiCo Inc. | 1.850% | 4/30/20 | 10,100 | 10,002 |
PepsiCo Inc. | 2.150% | 10/14/20 | 11,625 | 11,600 |
PepsiCo Inc. | 3.125% | 11/1/20 | 5,425 | 5,556 |
PepsiCo Inc. | 2.000% | 4/15/21 | 7,000 | 6,937 |
PepsiCo Inc. | 3.000% | 8/25/21 | 12,420 | 12,672 |
PepsiCo Inc. | 1.700% | 10/6/21 | 6,125 | 5,966 |
PepsiCo Inc. | 2.750% | 3/5/22 | 17,695 | 17,908 |
PepsiCo Inc. | 2.250% | 5/2/22 | 5,475 | 5,416 |
PepsiCo Inc. | 3.100% | 7/17/22 | 3,425 | 3,499 |
PepsiCo Inc. | 2.750% | 3/1/23 | 6,750 | 6,813 |
PepsiCo Inc. | 3.600% | 3/1/24 | 1,200 | 1,259 |
PepsiCo Inc. | 2.750% | 4/30/25 | 6,700 | 6,702 |
PepsiCo Inc. | 3.500% | 7/17/25 | 3,925 | 4,080 |
PepsiCo Inc. | 2.850% | 2/24/26 | 2,000 | 1,981 |
PepsiCo Inc. | 2.375% | 10/6/26 | 12,900 | 12,240 |
PepsiCo Inc. | 3.000% | 10/15/27 | 15,900 | 15,840 |
PepsiCo Inc. | 5.500% | 1/15/40 | 8,075 | 10,332 |
PepsiCo Inc. | 4.875% | 11/1/40 | 6,625 | 7,962 |
PepsiCo Inc. | 4.000% | 3/5/42 | 7,600 | 7,982 |
PepsiCo Inc. | 3.600% | 8/13/42 | 4,100 | 4,032 |
PepsiCo Inc. | 4.250% | 10/22/44 | 3,675 | 4,034 |
PepsiCo Inc. | 4.600% | 7/17/45 | 4,760 | 5,511 |
PepsiCo Inc. | 4.450% | 4/14/46 | 10,000 | 11,320 |
PepsiCo Inc. | 3.450% | 10/6/46 | 8,475 | 8,228 |
PepsiCo Inc. | 4.000% | 5/2/47 | 8,300 | 8,707 |
PerkinElmer Inc. | 5.000% | 11/15/21 | 3,060 | 3,294 |
Perrigo Finance Unlimited Co. | 3.500% | 3/15/21 | 1,264 | 1,282 |
Perrigo Finance Unlimited Co. | 3.500% | 12/15/21 | 2,023 | 2,058 |
Perrigo Finance Unlimited Co. | 3.900% | 12/15/24 | 4,500 | 4,548 |
Perrigo Finance Unlimited Co. | 4.375% | 3/15/26 | 13,800 | 14,164 |
Perrigo Finance Unlimited Co. | 4.900% | 12/15/44 | 9,651 | 9,703 |
Pfizer Inc. | 2.100% | 5/15/19 | 10,500 | 10,516 |
Pfizer Inc. | 1.450% | 6/3/19 | 14,700 | 14,595 |
Pfizer Inc. | 1.700% | 12/15/19 | 14,500 | 14,433 |
Pfizer Inc. | 1.950% | 6/3/21 | 11,450 | 11,325 |
Pfizer Inc. | 2.200% | 12/15/21 | 3,000 | 2,985 |
Pfizer Inc. | 3.000% | 6/15/23 | 5,000 | 5,102 |
Pfizer Inc. | 3.400% | 5/15/24 | 650 | 675 |
Pfizer Inc. | 2.750% | 6/3/26 | 8,850 | 8,722 |
Pfizer Inc. | 3.000% | 12/15/26 | 28,850 | 29,043 |
Pfizer Inc. | 4.000% | 12/15/36 | 9,450 | 10,385 |
Pfizer Inc. | 7.200% | 3/15/39 | 11,540 | 17,700 |
Pfizer Inc. | 4.300% | 6/15/43 | 8,706 | 9,679 |
Pfizer Inc. | 4.400% | 5/15/44 | 7,175 | 8,235 |
Pfizer Inc. | 4.125% | 12/15/46 | 14,400 | 15,991 |
Pharmacia LLC | 6.600% | 12/1/28 | 4,898 | 6,424 |
Philip Morris International Inc. | 1.875% | 1/15/19 | 5,750 | 5,737 |
Philip Morris International Inc. | 1.625% | 2/21/19 | 5,000 | 4,969 |
Philip Morris International Inc. | 1.375% | 2/25/19 | 2,400 | 2,380 |
Philip Morris International Inc. | 2.000% | 2/21/20 | 8,050 | 7,993 |
Philip Morris International Inc. | 4.500% | 3/26/20 | 375 | 392 |
Philip Morris International Inc. | 1.875% | 2/25/21 | 10,000 | 9,820 |
108
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Philip Morris International Inc. | 4.125% | 5/17/21 | 4,458 | 4,684 |
Philip Morris International Inc. | 2.900% | 11/15/21 | 3,500 | 3,534 |
Philip Morris International Inc. | 2.625% | 2/18/22 | 5,000 | 5,006 |
Philip Morris International Inc. | 2.375% | 8/17/22 | 5,450 | 5,368 |
Philip Morris International Inc. | 2.500% | 8/22/22 | 3,000 | 2,969 |
Philip Morris International Inc. | 2.500% | 11/2/22 | 5,900 | 5,832 |
Philip Morris International Inc. | 2.625% | 3/6/23 | 3,000 | 2,970 |
Philip Morris International Inc. | 2.125% | 5/10/23 | 4,230 | 4,082 |
Philip Morris International Inc. | 3.600% | 11/15/23 | 7,300 | 7,556 |
Philip Morris International Inc. | 3.250% | 11/10/24 | 10,600 | 10,780 |
Philip Morris International Inc. | 3.375% | 8/11/25 | 3,850 | 3,933 |
Philip Morris International Inc. | 2.750% | 2/25/26 | 14,225 | 13,914 |
Philip Morris International Inc. | 3.125% | 3/2/28 | 3,650 | 3,622 |
Philip Morris International Inc. | 6.375% | 5/16/38 | 5,600 | 7,551 |
Philip Morris International Inc. | 4.375% | 11/15/41 | 6,893 | 7,417 |
Philip Morris International Inc. | 4.500% | 3/20/42 | 6,290 | 6,833 |
Philip Morris International Inc. | 3.875% | 8/21/42 | 5,414 | 5,381 |
Philip Morris International Inc. | 4.125% | 3/4/43 | 5,550 | 5,710 |
Philip Morris International Inc. | 4.875% | 11/15/43 | 10,725 | 12,241 |
Philip Morris International Inc. | 4.250% | 11/10/44 | 10,710 | 11,287 |
5 Procter & Gamble - Esop | 9.360% | 1/1/21 | 793 | 879 |
Procter & Gamble Co. | 1.750% | 10/25/19 | 4,000 | 3,988 |
Procter & Gamble Co. | 1.900% | 11/1/19 | 4,350 | 4,340 |
Procter & Gamble Co. | 1.900% | 10/23/20 | 4,700 | 4,671 |
Procter & Gamble Co. | 1.850% | 2/2/21 | 3,400 | 3,354 |
Procter & Gamble Co. | 1.700% | 11/3/21 | 6,955 | 6,791 |
Procter & Gamble Co. | 2.300% | 2/6/22 | 7,164 | 7,132 |
Procter & Gamble Co. | 3.100% | 8/15/23 | 7,975 | 8,167 |
Procter & Gamble Co. | 2.700% | 2/2/26 | 5,500 | 5,419 |
Procter & Gamble Co. | 2.450% | 11/3/26 | 9,000 | 8,656 |
Procter & Gamble Co. | 2.850% | 8/11/27 | 5,800 | 5,750 |
Procter & Gamble Co. | 5.550% | 3/5/37 | 4,055 | 5,382 |
Procter & Gamble Co. | 3.500% | 10/25/47 | 5,500 | 5,537 |
Providence St. Joseph Health Obligated | ||||
Group | 2.746% | 10/1/26 | 1,250 | 1,208 |
5 Providence St. Joseph Health Obligated | ||||
Group | 3.744% | 10/1/47 | 3,125 | 3,103 |
Quest Diagnostics Inc. | 2.700% | 4/1/19 | 1,475 | 1,483 |
Quest Diagnostics Inc. | 4.750% | 1/30/20 | 2,500 | 2,610 |
Quest Diagnostics Inc. | 2.500% | 3/30/20 | 2,250 | 2,245 |
Quest Diagnostics Inc. | 4.700% | 4/1/21 | 1,335 | 1,412 |
Quest Diagnostics Inc. | 4.250% | 4/1/24 | 3,300 | 3,499 |
Quest Diagnostics Inc. | 3.500% | 3/30/25 | 1,250 | 1,265 |
Quest Diagnostics Inc. | 3.450% | 6/1/26 | 5,900 | 5,911 |
Quest Diagnostics Inc. | 5.750% | 1/30/40 | 876 | 1,009 |
Quest Diagnostics Inc. | 4.700% | 3/30/45 | 1,250 | 1,314 |
Reynolds American Inc. | 8.125% | 6/23/19 | 2,825 | 3,055 |
Reynolds American Inc. | 6.875% | 5/1/20 | 200 | 219 |
Reynolds American Inc. | 3.250% | 6/12/20 | 9,010 | 9,150 |
Reynolds American Inc. | 4.000% | 6/12/22 | 5,100 | 5,329 |
Reynolds American Inc. | 4.850% | 9/15/23 | 2,345 | 2,551 |
Reynolds American Inc. | 4.450% | 6/12/25 | 26,150 | 27,828 |
Reynolds American Inc. | 5.700% | 8/15/35 | 5,020 | 5,983 |
Reynolds American Inc. | 7.250% | 6/15/37 | 1,450 | 2,002 |
109
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Reynolds American Inc. | 8.125% | 5/1/40 | 2,239 | 3,315 |
Reynolds American Inc. | 7.000% | 8/4/41 | 2,040 | 2,753 |
Reynolds American Inc. | 5.850% | 8/15/45 | 16,315 | 20,338 |
RWJ Barnabas Health Inc. | 3.949% | 7/1/46 | 3,400 | 3,420 |
Sanofi | 4.000% | 3/29/21 | 10,365 | 10,907 |
Shire Acquisitions Investments Ireland DAC | 1.900% | 9/23/19 | 47,275 | 46,863 |
Shire Acquisitions Investments Ireland DAC | 2.400% | 9/23/21 | 28,000 | 27,515 |
Shire Acquisitions Investments Ireland DAC | 2.875% | 9/23/23 | 35,600 | 34,872 |
Shire Acquisitions Investments Ireland DAC | 3.200% | 9/23/26 | 10,970 | 10,719 |
SSM Health Care Corp. | 3.823% | 6/1/27 | 3,600 | 3,716 |
Stryker Corp. | 2.000% | 3/8/19 | 3,600 | 3,592 |
Stryker Corp. | 4.375% | 1/15/20 | 700 | 728 |
Stryker Corp. | 2.625% | 3/15/21 | 12,250 | 12,280 |
Stryker Corp. | 3.375% | 5/15/24 | 9,500 | 9,775 |
Stryker Corp. | 3.375% | 11/1/25 | 6,190 | 6,336 |
Stryker Corp. | 3.500% | 3/15/26 | 8,697 | 8,976 |
Stryker Corp. | 4.100% | 4/1/43 | 350 | 364 |
Stryker Corp. | 4.375% | 5/15/44 | 2,575 | 2,769 |
Stryker Corp. | 4.625% | 3/15/46 | 7,110 | 8,074 |
Sysco Corp. | 1.900% | 4/1/19 | 3,350 | 3,341 |
Sysco Corp. | 2.600% | 10/1/20 | 6,800 | 6,829 |
Sysco Corp. | 2.500% | 7/15/21 | 1,825 | 1,819 |
Sysco Corp. | 3.750% | 10/1/25 | 4,575 | 4,754 |
Sysco Corp. | 3.300% | 7/15/26 | 5,250 | 5,272 |
Sysco Corp. | 3.250% | 7/15/27 | 14,414 | 14,385 |
Sysco Corp. | 5.375% | 9/21/35 | 2,548 | 3,017 |
Sysco Corp. | 4.850% | 10/1/45 | 2,630 | 2,967 |
Sysco Corp. | 4.500% | 4/1/46 | 5,325 | 5,760 |
Teva Pharmaceutical Finance Co. BV | 3.650% | 11/10/21 | 5,889 | 5,602 |
Teva Pharmaceutical Finance Co. BV | 2.950% | 12/18/22 | 6,624 | 5,901 |
Teva Pharmaceutical Finance Co. LLC | 6.150% | 2/1/36 | 1,762 | 1,773 |
Teva Pharmaceutical Finance IV BV | 3.650% | 11/10/21 | 1,328 | 1,263 |
Teva Pharmaceutical Finance IV LLC | 2.250% | 3/18/20 | 5,475 | 5,286 |
Teva Pharmaceutical Finance Netherlands III | ||||
BV | 1.700% | 7/19/19 | 23,350 | 22,661 |
Teva Pharmaceutical Finance Netherlands III | ||||
BV | 2.200% | 7/21/21 | 21,735 | 19,914 |
Teva Pharmaceutical Finance Netherlands III | ||||
BV | 2.800% | 7/21/23 | 20,175 | 17,543 |
Teva Pharmaceutical Finance Netherlands III | ||||
BV | 3.150% | 10/1/26 | 25,214 | 20,734 |
Teva Pharmaceutical Finance Netherlands III | ||||
BV | 4.100% | 10/1/46 | 11,015 | 8,468 |
5 Texas Health Resources | 4.330% | 11/15/55 | 900 | 960 |
The Kroger Co. | 2.000% | 1/15/19 | 925 | 923 |
The Kroger Co. | 2.300% | 1/15/19 | 10,245 | 10,242 |
The Kroger Co. | 1.500% | 9/30/19 | 2,100 | 2,070 |
The Kroger Co. | 6.150% | 1/15/20 | 4,150 | 4,452 |
The Kroger Co. | 3.300% | 1/15/21 | 3,100 | 3,162 |
The Kroger Co. | 2.600% | 2/1/21 | 5,200 | 5,184 |
The Kroger Co. | 2.950% | 11/1/21 | 13,461 | 13,609 |
The Kroger Co. | 2.800% | 8/1/22 | 2,650 | 2,633 |
The Kroger Co. | 3.850% | 8/1/23 | 4,750 | 4,935 |
The Kroger Co. | 4.000% | 2/1/24 | 2,143 | 2,215 |
110
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
The Kroger Co. | 3.500% | 2/1/26 | 2,000 | 1,981 |
The Kroger Co. | 2.650% | 10/15/26 | 6,305 | 5,878 |
The Kroger Co. | 3.700% | 8/1/27 | 2,750 | 2,769 |
The Kroger Co. | 7.700% | 6/1/29 | 3,200 | 4,202 |
The Kroger Co. | 8.000% | 9/15/29 | 6,375 | 8,453 |
The Kroger Co. | 7.500% | 4/1/31 | 1,125 | 1,481 |
The Kroger Co. | 6.900% | 4/15/38 | 3,552 | 4,565 |
The Kroger Co. | 5.000% | 4/15/42 | 850 | 893 |
The Kroger Co. | 5.150% | 8/1/43 | 1,000 | 1,068 |
The Kroger Co. | 3.875% | 10/15/46 | 3,575 | 3,290 |
The Pepsi Bottling Group Inc. | 7.000% | 3/1/29 | 4,975 | 6,713 |
Thermo Fisher Scientific Inc. | 2.150% | 12/14/18 | 2,500 | 2,502 |
Thermo Fisher Scientific Inc. | 2.400% | 2/1/19 | 2,745 | 2,745 |
Thermo Fisher Scientific Inc. | 4.700% | 5/1/20 | 525 | 551 |
Thermo Fisher Scientific Inc. | 4.500% | 3/1/21 | 7,950 | 8,399 |
Thermo Fisher Scientific Inc. | 3.600% | 8/15/21 | 7,225 | 7,426 |
Thermo Fisher Scientific Inc. | 3.300% | 2/15/22 | 6,845 | 6,976 |
Thermo Fisher Scientific Inc. | 3.150% | 1/15/23 | 3,950 | 3,990 |
Thermo Fisher Scientific Inc. | 3.000% | 4/15/23 | 10,500 | 10,543 |
Thermo Fisher Scientific Inc. | 4.150% | 2/1/24 | 1,275 | 1,352 |
Thermo Fisher Scientific Inc. | 3.650% | 12/15/25 | 7,975 | 8,211 |
Thermo Fisher Scientific Inc. | 2.950% | 9/19/26 | 9,270 | 9,030 |
Thermo Fisher Scientific Inc. | 3.200% | 8/15/27 | 10,425 | 10,327 |
Thermo Fisher Scientific Inc. | 5.300% | 2/1/44 | 5,650 | 6,736 |
Thermo Fisher Scientific Inc. | 4.100% | 8/15/47 | 3,450 | 3,550 |
Trinity Health Corp. | 4.125% | 12/1/45 | 4,645 | 4,909 |
Tupperware Brands Corp. | 4.750% | 6/1/21 | 3,870 | 4,057 |
Tyson Foods Inc. | 2.650% | 8/15/19 | 7,225 | 7,263 |
Tyson Foods Inc. | 2.250% | 8/23/21 | 1,350 | 1,332 |
Tyson Foods Inc. | 4.500% | 6/15/22 | 13,350 | 14,250 |
Tyson Foods Inc. | 3.950% | 8/15/24 | 10,973 | 11,551 |
Tyson Foods Inc. | 3.550% | 6/2/27 | 10,900 | 11,079 |
Tyson Foods Inc. | 4.875% | 8/15/34 | 7,230 | 8,111 |
Tyson Foods Inc. | 5.150% | 8/15/44 | 3,602 | 4,222 |
Tyson Foods Inc. | 4.550% | 6/2/47 | 6,225 | 6,787 |
Unilever Capital Corp. | 4.800% | 2/15/19 | 200 | 206 |
Unilever Capital Corp. | 2.200% | 3/6/19 | 4,205 | 4,211 |
Unilever Capital Corp. | 2.100% | 7/30/20 | 1,545 | 1,540 |
Unilever Capital Corp. | 4.250% | 2/10/21 | 10,310 | 10,867 |
Unilever Capital Corp. | 1.375% | 7/28/21 | 5,700 | 5,497 |
Unilever Capital Corp. | 2.600% | 5/5/24 | 9,925 | 9,793 |
Unilever Capital Corp. | 3.100% | 7/30/25 | 2,700 | 2,730 |
Unilever Capital Corp. | 2.000% | 7/28/26 | 6,200 | 5,719 |
Unilever Capital Corp. | 5.900% | 11/15/32 | 3,125 | 4,046 |
Whirlpool Corp. | 2.400% | 3/1/19 | 6,900 | 6,916 |
Whirlpool Corp. | 4.850% | 6/15/21 | 1,625 | 1,736 |
Whirlpool Corp. | 4.700% | 6/1/22 | 6,700 | 7,192 |
Whirlpool Corp. | 4.000% | 3/1/24 | 2,175 | 2,285 |
Whirlpool Corp. | 3.700% | 5/1/25 | 2,400 | 2,461 |
Whirlpool Corp. | 4.500% | 6/1/46 | 5,425 | 5,697 |
Wyeth LLC | 7.250% | 3/1/23 | 2,000 | 2,414 |
Wyeth LLC | 6.450% | 2/1/24 | 9,825 | 11,856 |
Wyeth LLC | 6.500% | 2/1/34 | 3,425 | 4,668 |
Wyeth LLC | 6.000% | 2/15/36 | 1,680 | 2,234 |
111
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Wyeth LLC | 5.950% | 4/1/37 | 16,860 | 22,626 | |
Zeneca Wilmington Inc. | 7.000% | 11/15/23 | 5,100 | 6,127 | |
Zimmer Biomet Holdings Inc. | 4.625% | 11/30/19 | 2,745 | 2,849 | |
Zimmer Biomet Holdings Inc. | 2.700% | 4/1/20 | 18,859 | 18,888 | |
Zimmer Biomet Holdings Inc. | 3.375% | 11/30/21 | 1,550 | 1,572 | |
Zimmer Biomet Holdings Inc. | 3.150% | 4/1/22 | 5,400 | 5,356 | |
Zimmer Biomet Holdings Inc. | 3.550% | 4/1/25 | 14,875 | 14,880 | |
Zimmer Biomet Holdings Inc. | 5.750% | 11/30/39 | 1,750 | 2,041 | |
Zimmer Biomet Holdings Inc. | 4.450% | 8/15/45 | 8,350 | 8,332 | |
Zoetis Inc. | 3.450% | 11/13/20 | 3,100 | 3,171 | |
Zoetis Inc. | 3.250% | 2/1/23 | 12,350 | 12,544 | |
Zoetis Inc. | 4.500% | 11/13/25 | 3,040 | 3,307 | |
Zoetis Inc. | 3.000% | 9/12/27 | 5,565 | 5,434 | |
Zoetis Inc. | 4.700% | 2/1/43 | 8,540 | 9,562 | |
Zoetis Inc. | 3.950% | 9/12/47 | 4,900 | 4,991 | |
Energy (2.6%) | |||||
Alberta Energy Co. Ltd. | 7.375% | 11/1/31 | 3,122 | 4,014 | |
Anadarko Finance Co. | 7.500% | 5/1/31 | 6,375 | 8,176 | |
Anadarko Petroleum Corp. | 8.700% | 3/15/19 | 3,255 | 3,487 | |
Anadarko Petroleum Corp. | 6.950% | 6/15/19 | 675 | 717 | |
Anadarko Petroleum Corp. | 4.850% | 3/15/21 | 7,525 | 7,948 | |
Anadarko Petroleum Corp. | 3.450% | 7/15/24 | 5,345 | 5,300 | |
Anadarko Petroleum Corp. | 5.550% | 3/15/26 | 23,670 | 26,503 | |
Anadarko Petroleum Corp. | 6.450% | 9/15/36 | 14,405 | 17,715 | |
Anadarko Petroleum Corp. | 7.950% | 6/15/39 | 300 | 409 | |
Anadarko Petroleum Corp. | 6.200% | 3/15/40 | 5,125 | 6,159 | |
Anadarko Petroleum Corp. | 4.500% | 7/15/44 | 1,000 | 983 | |
Anadarko Petroleum Corp. | 6.600% | 3/15/46 | 9,150 | 11,674 | |
Andeavor | 5.375% | 10/1/22 | 2,000 | 2,065 | |
10 | Andeavor | 4.750% | 12/15/23 | 20,350 | 21,876 |
Andeavor | 5.125% | 4/1/24 | 497 | 521 | |
10 | Andeavor | 5.125% | 12/15/26 | 15,800 | 17,380 |
Andeavor | 3.800% | 4/1/28 | 4,625 | 4,635 | |
Andeavor | 4.500% | 4/1/48 | 5,200 | 5,257 | |
Andeavor Logistics LP / Tesoro Logistics | |||||
Finance Corp. | 3.500% | 12/1/22 | 1,625 | 1,617 | |
Andeavor Logistics LP / Tesoro Logistics | |||||
Finance Corp. | 4.250% | 12/1/27 | 3,500 | 3,535 | |
Andeavor Logistics LP / Tesoro Logistics | |||||
Finance Corp. | 5.200% | 12/1/47 | 4,775 | 4,966 | |
Apache Corp. | 3.625% | 2/1/21 | 6,910 | 7,070 | |
Apache Corp. | 3.250% | 4/15/22 | 8,193 | 8,253 | |
Apache Corp. | 6.000% | 1/15/37 | 8,875 | 10,448 | |
Apache Corp. | 5.100% | 9/1/40 | 14,275 | 15,440 | |
Apache Corp. | 5.250% | 2/1/42 | 340 | 372 | |
Apache Corp. | 4.750% | 4/15/43 | 13,724 | 14,210 | |
Apache Corp. | 4.250% | 1/15/44 | 3,900 | 3,780 | |
Apache Finance Canada Corp. | 7.750% | 12/15/29 | 650 | 846 | |
Baker Hughes a GE Co. LLC | 3.200% | 8/15/21 | 9,545 | 9,720 | |
Baker Hughes a GE Co. LLC | 5.125% | 9/15/40 | 6,740 | 7,916 | |
10 | Baker Hughes a GE Co. LLC / Baker Hughes | ||||
Co-Obligor Inc. | 2.773% | 12/15/22 | 5,000 | 4,993 |
112
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
10 | Baker Hughes a GE Co. LLC / Baker Hughes | ||||
Co-Obligor Inc. | 3.337% | 12/15/27 | 9,000 | 8,980 | |
10 | Baker Hughes a GE Co. LLC / Baker Hughes | ||||
Co-Obligor Inc. | 4.080% | 12/15/47 | 11,000 | 11,182 | |
Boardwalk Pipelines LP | 5.750% | 9/15/19 | 3,545 | 3,697 | |
Boardwalk Pipelines LP | 3.375% | 2/1/23 | 2,150 | 2,127 | |
Boardwalk Pipelines LP | 4.950% | 12/15/24 | 575 | 609 | |
Boardwalk Pipelines LP | 5.950% | 6/1/26 | 15,010 | 16,726 | |
Boardwalk Pipelines LP | 4.450% | 7/15/27 | 4,300 | 4,362 | |
BP Capital Markets plc | 4.750% | 3/10/19 | 5,775 | 5,954 | |
BP Capital Markets plc | 1.676% | 5/3/19 | 1,950 | 1,940 | |
BP Capital Markets plc | 2.237% | 5/10/19 | 6,000 | 6,009 | |
BP Capital Markets plc | 1.768% | 9/19/19 | 6,200 | 6,155 | |
BP Capital Markets plc | 2.521% | 1/15/20 | 13,705 | 13,795 | |
BP Capital Markets plc | 2.315% | 2/13/20 | 16,650 | 16,696 | |
BP Capital Markets plc | 4.500% | 10/1/20 | 11,578 | 12,233 | |
BP Capital Markets plc | 4.742% | 3/11/21 | 8,965 | 9,596 | |
BP Capital Markets plc | 2.112% | 9/16/21 | 9,200 | 9,079 | |
BP Capital Markets plc | 3.561% | 11/1/21 | 17,624 | 18,292 | |
BP Capital Markets plc | 3.062% | 3/17/22 | 3,900 | 3,980 | |
BP Capital Markets plc | 3.245% | 5/6/22 | 10,075 | 10,346 | |
BP Capital Markets plc | 2.520% | 9/19/22 | 5,200 | 5,178 | |
BP Capital Markets plc | 2.500% | 11/6/22 | 7,675 | 7,625 | |
BP Capital Markets plc | 2.750% | 5/10/23 | 22,515 | 22,565 | |
BP Capital Markets plc | 3.994% | 9/26/23 | 2,700 | 2,867 | |
BP Capital Markets plc | 3.216% | 11/28/23 | 1,800 | 1,838 | |
BP Capital Markets plc | 3.814% | 2/10/24 | 2,200 | 2,315 | |
BP Capital Markets plc | 3.535% | 11/4/24 | 7,225 | 7,510 | |
BP Capital Markets plc | 3.506% | 3/17/25 | 2,675 | 2,768 | |
BP Capital Markets plc | 3.119% | 5/4/26 | 13,681 | 13,779 | |
BP Capital Markets plc | 3.017% | 1/16/27 | 8,500 | 8,389 | |
BP Capital Markets plc | 3.588% | 4/14/27 | 2,100 | 2,168 | |
BP Capital Markets plc | 3.279% | 9/19/27 | 23,700 | 23,925 | |
BP Capital Markets plc | 3.723% | 11/28/28 | 3,700 | 3,858 | |
Buckeye Partners LP | 2.650% | 11/15/18 | 4,175 | 4,183 | |
Buckeye Partners LP | 4.875% | 2/1/21 | 1,000 | 1,048 | |
Buckeye Partners LP | 4.150% | 7/1/23 | 2,800 | 2,901 | |
Buckeye Partners LP | 3.950% | 12/1/26 | 10,300 | 10,062 | |
Buckeye Partners LP | 4.125% | 12/1/27 | 1,200 | 1,186 | |
Buckeye Partners LP | 5.850% | 11/15/43 | 3,125 | 3,368 | |
Buckeye Partners LP | 5.600% | 10/15/44 | 900 | 938 | |
Burlington Resources Finance Co. | 7.200% | 8/15/31 | 9,562 | 13,049 | |
Burlington Resources Finance Co. | 7.400% | 12/1/31 | 2,650 | 3,693 | |
Canadian Natural Resources Ltd. | 3.450% | 11/15/21 | 615 | 630 | |
Canadian Natural Resources Ltd. | 2.950% | 1/15/23 | 8,050 | 8,003 | |
Canadian Natural Resources Ltd. | 3.800% | 4/15/24 | 10,645 | 10,923 | |
Canadian Natural Resources Ltd. | 3.850% | 6/1/27 | 16,900 | 17,255 | |
Canadian Natural Resources Ltd. | 7.200% | 1/15/32 | 1,875 | 2,378 | |
Canadian Natural Resources Ltd. | 6.450% | 6/30/33 | 2,325 | 2,835 | |
Canadian Natural Resources Ltd. | 5.850% | 2/1/35 | 2,212 | 2,599 | |
Canadian Natural Resources Ltd. | 6.500% | 2/15/37 | 7,000 | 8,716 | |
Canadian Natural Resources Ltd. | 6.250% | 3/15/38 | 7,743 | 9,654 | |
Canadian Natural Resources Ltd. | 6.750% | 2/1/39 | 2,800 | 3,587 | |
Canadian Natural Resources Ltd. | 4.950% | 6/1/47 | 5,900 | 6,532 |
113
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Cenovus Energy Inc. | 5.700% | 10/15/19 | 11,000 | 11,564 |
Cenovus Energy Inc. | 3.000% | 8/15/22 | 4,509 | 4,470 |
Cenovus Energy Inc. | 3.800% | 9/15/23 | 5,425 | 5,540 |
Cenovus Energy Inc. | 4.250% | 4/15/27 | 9,500 | 9,429 |
Cenovus Energy Inc. | 5.250% | 6/15/37 | 7,100 | 7,278 |
Cenovus Energy Inc. | 6.750% | 11/15/39 | 13,600 | 16,235 |
Cenovus Energy Inc. | 4.450% | 9/15/42 | 1,000 | 920 |
Cenovus Energy Inc. | 5.200% | 9/15/43 | 3,500 | 3,518 |
Cenovus Energy Inc. | 5.400% | 6/15/47 | 13,750 | 14,369 |
Chevron Corp. | 1.686% | 2/28/19 | 4,000 | 3,986 |
Chevron Corp. | 4.950% | 3/3/19 | 7,750 | 8,004 |
Chevron Corp. | 1.561% | 5/16/19 | 15,935 | 15,834 |
Chevron Corp. | 2.193% | 11/15/19 | 11,675 | 11,696 |
Chevron Corp. | 1.961% | 3/3/20 | 13,375 | 13,322 |
Chevron Corp. | 1.991% | 3/3/20 | 4,100 | 4,073 |
Chevron Corp. | 2.419% | 11/17/20 | 8,000 | 8,035 |
Chevron Corp. | 2.100% | 5/16/21 | 9,500 | 9,425 |
Chevron Corp. | 2.411% | 3/3/22 | 7,150 | 7,129 |
Chevron Corp. | 2.498% | 3/3/22 | 4,100 | 4,104 |
Chevron Corp. | 2.355% | 12/5/22 | 17,744 | 17,605 |
Chevron Corp. | 3.191% | 6/24/23 | 24,283 | 24,893 |
Chevron Corp. | 2.895% | 3/3/24 | 16,000 | 16,108 |
Chevron Corp. | 3.326% | 11/17/25 | 400 | 413 |
Chevron Corp. | 2.954% | 5/16/26 | 13,800 | 13,759 |
Cimarex Energy Co. | 4.375% | 6/1/24 | 5,900 | 6,262 |
Cimarex Energy Co. | 3.900% | 5/15/27 | 19,400 | 19,827 |
Columbia Pipeline Group Inc. | 3.300% | 6/1/20 | 1,550 | 1,569 |
Columbia Pipeline Group Inc. | 4.500% | 6/1/25 | 10,248 | 10,915 |
Columbia Pipeline Group Inc. | 5.800% | 6/1/45 | 7,400 | 9,172 |
Concho Resources Inc. | 3.750% | 10/1/27 | 10,500 | 10,605 |
Concho Resources Inc. | 4.875% | 10/1/47 | 2,500 | 2,731 |
Conoco Funding Co. | 7.250% | 10/15/31 | 1,475 | 2,018 |
ConocoPhillips | 5.900% | 10/15/32 | 1,725 | 2,133 |
ConocoPhillips | 5.900% | 5/15/38 | 5,661 | 7,438 |
ConocoPhillips | 6.500% | 2/1/39 | 19,363 | 27,097 |
ConocoPhillips Canada Funding Co. I | 5.950% | 10/15/36 | 5,971 | 7,622 |
ConocoPhillips Co. | 2.200% | 5/15/20 | 3,450 | 3,438 |
ConocoPhillips Co. | 4.200% | 3/15/21 | 5,280 | 5,525 |
ConocoPhillips Co. | 2.875% | 11/15/21 | 6,715 | 6,765 |
ConocoPhillips Co. | 2.400% | 12/15/22 | 29,381 | 28,982 |
ConocoPhillips Co. | 3.350% | 11/15/24 | 2,847 | 2,927 |
ConocoPhillips Co. | 4.950% | 3/15/26 | 22,085 | 25,066 |
ConocoPhillips Co. | 4.150% | 11/15/34 | 11,030 | 11,701 |
ConocoPhillips Co. | 4.300% | 11/15/44 | 1,375 | 1,499 |
ConocoPhillips Co. | 5.950% | 3/15/46 | 4,100 | 5,530 |
ConocoPhillips Holding Co. | 6.950% | 4/15/29 | 3,350 | 4,385 |
Devon Energy Corp. | 4.000% | 7/15/21 | 3,800 | 3,956 |
Devon Energy Corp. | 3.250% | 5/15/22 | 13,030 | 13,256 |
Devon Energy Corp. | 5.850% | 12/15/25 | 2,850 | 3,323 |
Devon Energy Corp. | 7.950% | 4/15/32 | 2,950 | 4,031 |
Devon Energy Corp. | 5.600% | 7/15/41 | 5,945 | 6,991 |
Devon Energy Corp. | 4.750% | 5/15/42 | 15,600 | 16,596 |
Devon Energy Corp. | 5.000% | 6/15/45 | 14,030 | 15,595 |
Devon Financing Co. LLC | 7.875% | 9/30/31 | 9,625 | 13,198 |
114
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Dominion Energy Gas Holdings LLC | 2.500% | 12/15/19 | 3,900 | 3,898 |
Dominion Energy Gas Holdings LLC | 2.800% | 11/15/20 | 2,000 | 2,015 |
Dominion Energy Gas Holdings LLC | 3.550% | 11/1/23 | 10,379 | 10,502 |
Dominion Energy Gas Holdings LLC | 3.600% | 12/15/24 | 1,700 | 1,736 |
Dominion Energy Gas Holdings LLC | 4.800% | 11/1/43 | 5,975 | 6,623 |
Dominion Energy Gas Holdings LLC | 4.600% | 12/15/44 | 2,660 | 2,906 |
Enable Midstream Partners LP | 2.400% | 5/15/19 | 2,600 | 2,586 |
Enable Midstream Partners LP | 3.900% | 5/15/24 | 6,100 | 6,105 |
Enable Midstream Partners LP | 4.400% | 3/15/27 | 9,000 | 9,167 |
Enable Midstream Partners LP | 5.000% | 5/15/44 | 1,025 | 1,007 |
Enbridge Energy Partners LP | 9.875% | 3/1/19 | 1,230 | 1,326 |
Enbridge Energy Partners LP | 5.200% | 3/15/20 | 675 | 708 |
Enbridge Energy Partners LP | 4.200% | 9/15/21 | 9,950 | 10,342 |
Enbridge Energy Partners LP | 5.875% | 10/15/25 | 2,700 | 3,052 |
Enbridge Energy Partners LP | 7.500% | 4/15/38 | 6,400 | 8,294 |
Enbridge Energy Partners LP | 5.500% | 9/15/40 | 3,940 | 4,322 |
Enbridge Energy Partners LP | 7.375% | 10/15/45 | 3,390 | 4,508 |
Enbridge Inc. | 2.900% | 7/15/22 | 8,300 | 8,232 |
Enbridge Inc. | 3.500% | 6/10/24 | 1,100 | 1,102 |
Enbridge Inc. | 4.250% | 12/1/26 | 10,410 | 10,861 |
Enbridge Inc. | 3.700% | 7/15/27 | 6,500 | 6,513 |
Enbridge Inc. | 4.500% | 6/10/44 | 2,725 | 2,809 |
Enbridge Inc. | 5.500% | 12/1/46 | 4,800 | 5,771 |
Encana Corp. | 6.500% | 5/15/19 | 4,750 | 4,988 |
Encana Corp. | 3.900% | 11/15/21 | 3,500 | 3,598 |
Encana Corp. | 8.125% | 9/15/30 | 1,400 | 1,889 |
Encana Corp. | 6.500% | 8/15/34 | 9,300 | 11,505 |
Encana Corp. | 6.625% | 8/15/37 | 4,555 | 5,777 |
Encana Corp. | 6.500% | 2/1/38 | 4,300 | 5,407 |
Energy Transfer LP | 9.700% | 3/15/19 | 1,296 | 1,403 |
Energy Transfer LP | 9.000% | 4/15/19 | 1,914 | 2,065 |
Energy Transfer LP | 4.150% | 10/1/20 | 4,500 | 4,643 |
Energy Transfer LP | 4.650% | 6/1/21 | 3,727 | 3,906 |
Energy Transfer LP | 5.200% | 2/1/22 | 8,497 | 9,056 |
Energy Transfer LP | 3.600% | 2/1/23 | 4,375 | 4,386 |
Energy Transfer LP | 4.900% | 2/1/24 | 1,620 | 1,707 |
Energy Transfer LP | 4.050% | 3/15/25 | 18,485 | 18,468 |
Energy Transfer LP | 4.750% | 1/15/26 | 16,005 | 16,617 |
Energy Transfer LP | 4.200% | 4/15/27 | 8,300 | 8,202 |
Energy Transfer LP | 8.250% | 11/15/29 | 600 | 778 |
Energy Transfer LP | 4.900% | 3/15/35 | 2,950 | 2,905 |
Energy Transfer LP | 6.625% | 10/15/36 | 1,750 | 2,005 |
Energy Transfer LP | 7.500% | 7/1/38 | 3,257 | 4,036 |
Energy Transfer LP | 6.050% | 6/1/41 | 11,845 | 12,594 |
Energy Transfer LP | 6.500% | 2/1/42 | 10,026 | 11,321 |
Energy Transfer LP | 5.150% | 2/1/43 | 5,500 | 5,317 |
Energy Transfer LP | 5.150% | 3/15/45 | 6,680 | 6,468 |
Energy Transfer LP | 6.125% | 12/15/45 | 2,600 | 2,814 |
Energy Transfer LP | 5.300% | 4/15/47 | 13,775 | 13,646 |
Eni USA Inc. | 7.300% | 11/15/27 | 1,095 | 1,364 |
EnLink Midstream Partners LP | 2.700% | 4/1/19 | 850 | 849 |
EnLink Midstream Partners LP | 4.400% | 4/1/24 | 18,577 | 19,095 |
EnLink Midstream Partners LP | 4.150% | 6/1/25 | 925 | 933 |
EnLink Midstream Partners LP | 4.850% | 7/15/26 | 7,800 | 8,166 |
115
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
EnLink Midstream Partners LP | 5.600% | 4/1/44 | 3,500 | 3,685 |
EnLink Midstream Partners LP | 5.050% | 4/1/45 | 440 | 437 |
EnLink Midstream Partners LP | 5.450% | 6/1/47 | 2,800 | 2,946 |
Enterprise Products Operating LLC | 6.500% | 1/31/19 | 7,050 | 7,359 |
Enterprise Products Operating LLC | 2.550% | 10/15/19 | 6,900 | 6,921 |
Enterprise Products Operating LLC | 5.200% | 9/1/20 | 8,600 | 9,162 |
Enterprise Products Operating LLC | 2.850% | 4/15/21 | 1,000 | 1,008 |
Enterprise Products Operating LLC | 4.050% | 2/15/22 | 500 | 524 |
Enterprise Products Operating LLC | 3.350% | 3/15/23 | 6,050 | 6,164 |
Enterprise Products Operating LLC | 3.900% | 2/15/24 | 8,725 | 9,099 |
Enterprise Products Operating LLC | 3.750% | 2/15/25 | 15,025 | 15,465 |
Enterprise Products Operating LLC | 3.950% | 2/15/27 | 4,000 | 4,163 |
Enterprise Products Operating LLC | 6.875% | 3/1/33 | 7,343 | 9,565 |
Enterprise Products Operating LLC | 6.650% | 10/15/34 | 235 | 303 |
Enterprise Products Operating LLC | 7.550% | 4/15/38 | 3,130 | 4,400 |
Enterprise Products Operating LLC | 6.125% | 10/15/39 | 1,695 | 2,123 |
Enterprise Products Operating LLC | 6.450% | 9/1/40 | 2,425 | 3,161 |
Enterprise Products Operating LLC | 5.950% | 2/1/41 | 10,065 | 12,424 |
Enterprise Products Operating LLC | 5.700% | 2/15/42 | 2,425 | 2,984 |
Enterprise Products Operating LLC | 4.850% | 8/15/42 | 6,763 | 7,386 |
Enterprise Products Operating LLC | 4.450% | 2/15/43 | 13,617 | 14,049 |
Enterprise Products Operating LLC | 4.850% | 3/15/44 | 11,220 | 12,309 |
Enterprise Products Operating LLC | 5.100% | 2/15/45 | 1,490 | 1,692 |
Enterprise Products Operating LLC | 4.900% | 5/15/46 | 11,970 | 13,238 |
Enterprise Products Operating LLC | 4.950% | 10/15/54 | 2,125 | 2,315 |
5 Enterprise Products Operating LLC | 5.250% | 8/16/77 | 3,100 | 3,070 |
EOG Resources Inc. | 4.400% | 6/1/20 | 1,880 | 1,961 |
EOG Resources Inc. | 4.100% | 2/1/21 | 9,450 | 9,859 |
EOG Resources Inc. | 2.625% | 3/15/23 | 13,400 | 13,214 |
EOG Resources Inc. | 3.150% | 4/1/25 | 400 | 398 |
EOG Resources Inc. | 4.150% | 1/15/26 | 2,500 | 2,652 |
EOG Resources Inc. | 3.900% | 4/1/35 | 2,900 | 2,976 |
EQT Corp. | 8.125% | 6/1/19 | 5,625 | 6,061 |
EQT Corp. | 2.500% | 10/1/20 | 1,500 | 1,488 |
EQT Corp. | 4.875% | 11/15/21 | 2,100 | 2,241 |
EQT Corp. | 3.000% | 10/1/22 | 3,800 | 3,749 |
EQT Corp. | 3.900% | 10/1/27 | 11,500 | 11,403 |
EQT Midstream Partners LP | 4.125% | 12/1/26 | 3,600 | 3,584 |
Exxon Mobil Corp. | 1.819% | 3/15/19 | 2,250 | 2,244 |
Exxon Mobil Corp. | 1.912% | 3/6/20 | 15,382 | 15,311 |
Exxon Mobil Corp. | 2.222% | 3/1/21 | 23,125 | 23,082 |
Exxon Mobil Corp. | 2.397% | 3/6/22 | 27,250 | 27,242 |
Exxon Mobil Corp. | 2.726% | 3/1/23 | 26,400 | 26,562 |
Exxon Mobil Corp. | 3.176% | 3/15/24 | 250 | 257 |
Exxon Mobil Corp. | 2.709% | 3/6/25 | 4,600 | 4,573 |
Exxon Mobil Corp. | 3.567% | 3/6/45 | 4,850 | 4,878 |
Exxon Mobil Corp. | 4.114% | 3/1/46 | 19,250 | 21,394 |
Halliburton Co. | 3.250% | 11/15/21 | 4,525 | 4,608 |
Halliburton Co. | 3.500% | 8/1/23 | 5,450 | 5,593 |
Halliburton Co. | 3.800% | 11/15/25 | 21,450 | 22,241 |
Halliburton Co. | 4.850% | 11/15/35 | 10,950 | 12,274 |
Halliburton Co. | 6.700% | 9/15/38 | 5,920 | 7,900 |
Halliburton Co. | 7.450% | 9/15/39 | 1,859 | 2,659 |
Halliburton Co. | 4.500% | 11/15/41 | 2,707 | 2,852 |
116
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Halliburton Co. | 4.750% | 8/1/43 | 8,475 | 9,253 |
Halliburton Co. | 5.000% | 11/15/45 | 12,475 | 14,299 |
Helmerich & Payne International Drilling Co. | 4.650% | 3/15/25 | 3,500 | 3,677 |
Hess Corp. | 3.500% | 7/15/24 | 1,600 | 1,578 |
Hess Corp. | 4.300% | 4/1/27 | 11,500 | 11,522 |
Hess Corp. | 7.875% | 10/1/29 | 1,900 | 2,345 |
Hess Corp. | 7.300% | 8/15/31 | 950 | 1,144 |
Hess Corp. | 7.125% | 3/15/33 | 2,050 | 2,479 |
Hess Corp. | 6.000% | 1/15/40 | 12,640 | 13,846 |
Hess Corp. | 5.600% | 2/15/41 | 9,330 | 10,047 |
Hess Corp. | 5.800% | 4/1/47 | 6,400 | 7,084 |
HollyFrontier Corp. | 5.875% | 4/1/26 | 2,350 | 2,616 |
Husky Energy Inc. | 6.150% | 6/15/19 | 275 | 288 |
Husky Energy Inc. | 7.250% | 12/15/19 | 2,020 | 2,192 |
Husky Energy Inc. | 3.950% | 4/15/22 | 24,800 | 25,676 |
Husky Energy Inc. | 4.000% | 4/15/24 | 5,300 | 5,491 |
Husky Energy Inc. | 6.800% | 9/15/37 | 4,310 | 5,593 |
Kerr-McGee Corp. | 6.950% | 7/1/24 | 5,505 | 6,490 |
Kerr-McGee Corp. | 7.875% | 9/15/31 | 1,775 | 2,347 |
Kinder Morgan Energy Partners LP | 2.650% | 2/1/19 | 13,350 | 13,355 |
Kinder Morgan Energy Partners LP | 9.000% | 2/1/19 | 5,127 | 5,465 |
Kinder Morgan Energy Partners LP | 6.850% | 2/15/20 | 10,075 | 10,921 |
Kinder Morgan Energy Partners LP | 6.500% | 4/1/20 | 4,961 | 5,347 |
Kinder Morgan Energy Partners LP | 5.300% | 9/15/20 | 1,400 | 1,489 |
Kinder Morgan Energy Partners LP | 5.000% | 10/1/21 | 11,940 | 12,721 |
Kinder Morgan Energy Partners LP | 4.150% | 3/1/22 | 4,426 | 4,582 |
Kinder Morgan Energy Partners LP | 3.950% | 9/1/22 | 16,075 | 16,505 |
Kinder Morgan Energy Partners LP | 3.450% | 2/15/23 | 8,700 | 8,738 |
Kinder Morgan Energy Partners LP | 3.500% | 9/1/23 | 8,783 | 8,776 |
Kinder Morgan Energy Partners LP | 4.300% | 5/1/24 | 5,900 | 6,140 |
Kinder Morgan Energy Partners LP | 4.250% | 9/1/24 | 8,612 | 8,912 |
Kinder Morgan Energy Partners LP | 7.400% | 3/15/31 | 1,980 | 2,425 |
Kinder Morgan Energy Partners LP | 7.300% | 8/15/33 | 2,000 | 2,488 |
Kinder Morgan Energy Partners LP | 6.500% | 2/1/37 | 6,250 | 7,297 |
Kinder Morgan Energy Partners LP | 6.950% | 1/15/38 | 5,815 | 7,253 |
Kinder Morgan Energy Partners LP | 6.500% | 9/1/39 | 8,425 | 9,919 |
Kinder Morgan Energy Partners LP | 6.550% | 9/15/40 | 4,500 | 5,308 |
Kinder Morgan Energy Partners LP | 7.500% | 11/15/40 | 150 | 191 |
Kinder Morgan Energy Partners LP | 6.375% | 3/1/41 | 4,100 | 4,730 |
Kinder Morgan Energy Partners LP | 5.625% | 9/1/41 | 7,500 | 7,979 |
Kinder Morgan Energy Partners LP | 5.000% | 8/15/42 | 2,575 | 2,617 |
Kinder Morgan Energy Partners LP | 4.700% | 11/1/42 | 6,400 | 6,205 |
Kinder Morgan Energy Partners LP | 5.000% | 3/1/43 | 1,000 | 1,008 |
Kinder Morgan Energy Partners LP | 5.500% | 3/1/44 | 1,200 | 1,283 |
Kinder Morgan Inc. | 6.500% | 9/15/20 | 1,500 | 1,641 |
Kinder Morgan Inc. | 3.150% | 1/15/23 | 2,500 | 2,476 |
Kinder Morgan Inc. | 4.300% | 6/1/25 | 11,800 | 12,283 |
Kinder Morgan Inc. | 7.800% | 8/1/31 | 2,730 | 3,519 |
Kinder Morgan Inc. | 7.750% | 1/15/32 | 5,450 | 7,010 |
Kinder Morgan Inc. | 5.300% | 12/1/34 | 5,000 | 5,309 |
Kinder Morgan Inc. | 5.550% | 6/1/45 | 19,855 | 21,619 |
Kinder Morgan Inc. | 5.050% | 2/15/46 | 10,027 | 10,405 |
Magellan Midstream Partners LP | 6.550% | 7/15/19 | 6,750 | 7,149 |
Magellan Midstream Partners LP | 4.250% | 2/1/21 | 3,950 | 4,116 |
117
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Magellan Midstream Partners LP | 5.000% | 3/1/26 | 10,500 | 11,677 |
Magellan Midstream Partners LP | 5.150% | 10/15/43 | 2,825 | 3,186 |
Magellan Midstream Partners LP | 4.250% | 9/15/46 | 2,800 | 2,850 |
Magellan Midstream Partners LP | 4.200% | 10/3/47 | 6,460 | 6,521 |
Marathon Oil Corp. | 2.700% | 6/1/20 | 6,060 | 6,056 |
Marathon Oil Corp. | 2.800% | 11/1/22 | 7,600 | 7,487 |
Marathon Oil Corp. | 3.850% | 6/1/25 | 6,470 | 6,568 |
Marathon Oil Corp. | 4.400% | 7/15/27 | 5,000 | 5,224 |
Marathon Oil Corp. | 6.800% | 3/15/32 | 2,770 | 3,350 |
Marathon Oil Corp. | 6.600% | 10/1/37 | 7,741 | 9,661 |
Marathon Oil Corp. | 5.200% | 6/1/45 | 10,310 | 11,331 |
Marathon Petroleum Corp. | 3.400% | 12/15/20 | 2,800 | 2,861 |
Marathon Petroleum Corp. | 5.125% | 3/1/21 | 6,000 | 6,424 |
Marathon Petroleum Corp. | 3.625% | 9/15/24 | 5,150 | 5,248 |
Marathon Petroleum Corp. | 6.500% | 3/1/41 | 11,639 | 14,570 |
Marathon Petroleum Corp. | 4.750% | 9/15/44 | 1,676 | 1,718 |
Marathon Petroleum Corp. | 5.000% | 9/15/54 | 2,350 | 2,380 |
MPLX LP | 4.500% | 7/15/23 | 15,240 | 16,080 |
MPLX LP | 4.875% | 12/1/24 | 21,992 | 23,622 |
MPLX LP | 4.000% | 2/15/25 | 3,000 | 3,057 |
MPLX LP | 4.875% | 6/1/25 | 6,300 | 6,744 |
MPLX LP | 4.125% | 3/1/27 | 9,700 | 9,901 |
MPLX LP | 5.200% | 3/1/47 | 7,400 | 8,061 |
Nabors Industries Inc. | 6.150% | 2/15/18 | 4,299 | 4,313 |
Nabors Industries Inc. | 9.250% | 1/15/19 | 5,255 | 5,564 |
National Fuel Gas Co. | 3.950% | 9/15/27 | 1,900 | 1,887 |
National Oilwell Varco Inc. | 2.600% | 12/1/22 | 23,415 | 22,870 |
National Oilwell Varco Inc. | 3.950% | 12/1/42 | 2,800 | 2,470 |
Noble Energy Inc. | 4.150% | 12/15/21 | 9,100 | 9,495 |
Noble Energy Inc. | 3.850% | 1/15/28 | 5,550 | 5,566 |
Noble Energy Inc. | 6.000% | 3/1/41 | 2,050 | 2,429 |
Noble Energy Inc. | 5.250% | 11/15/43 | 12,260 | 13,342 |
Noble Energy Inc. | 4.950% | 8/15/47 | 5,500 | 5,824 |
Occidental Petroleum Corp. | 4.100% | 2/1/21 | 17,260 | 18,023 |
Occidental Petroleum Corp. | 3.125% | 2/15/22 | 7,640 | 7,821 |
Occidental Petroleum Corp. | 2.700% | 2/15/23 | 4,225 | 4,212 |
Occidental Petroleum Corp. | 3.500% | 6/15/25 | 9,200 | 9,502 |
Occidental Petroleum Corp. | 3.400% | 4/15/26 | 12,100 | 12,413 |
Occidental Petroleum Corp. | 4.625% | 6/15/45 | 3,500 | 3,942 |
Occidental Petroleum Corp. | 4.400% | 4/15/46 | 5,375 | 5,932 |
Occidental Petroleum Corp. | 4.100% | 2/15/47 | 5,500 | 5,846 |
Oceaneering International Inc. | 4.650% | 11/15/24 | 2,150 | 2,094 |
ONEOK Inc. | 7.500% | 9/1/23 | 7,103 | 8,452 |
ONEOK Inc. | 4.000% | 7/13/27 | 3,800 | 3,859 |
ONEOK Inc. | 6.000% | 6/15/35 | 600 | 690 |
ONEOK Inc. | 4.950% | 7/13/47 | 17,964 | 18,695 |
ONEOK Partners LP | 3.375% | 10/1/22 | 16,509 | 16,631 |
ONEOK Partners LP | 6.650% | 10/1/36 | 8,203 | 10,071 |
ONEOK Partners LP | 6.850% | 10/15/37 | 6,825 | 8,565 |
ONEOK Partners LP | 6.200% | 9/15/43 | 3,200 | 3,792 |
Petro-Canada | 5.350% | 7/15/33 | 1,325 | 1,558 |
Petro-Canada | 5.950% | 5/15/35 | 6,395 | 8,052 |
Petro-Canada | 6.800% | 5/15/38 | 5,525 | 7,577 |
Phillips 66 | 4.300% | 4/1/22 | 13,360 | 14,110 |
118
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Phillips 66 | 4.650% | 11/15/34 | 500 | 547 |
Phillips 66 | 5.875% | 5/1/42 | 10,960 | 13,970 |
Phillips 66 | 4.875% | 11/15/44 | 16,305 | 18,572 |
Phillips 66 Partners LP | 2.646% | 2/15/20 | 1,255 | 1,252 |
Phillips 66 Partners LP | 3.605% | 2/15/25 | 3,500 | 3,520 |
Phillips 66 Partners LP | 3.550% | 10/1/26 | 7,950 | 7,859 |
Phillips 66 Partners LP | 3.750% | 3/1/28 | 2,000 | 1,993 |
Phillips 66 Partners LP | 4.680% | 2/15/45 | 3,375 | 3,462 |
Phillips 66 Partners LP | 4.900% | 10/1/46 | 1,900 | 2,002 |
Pioneer Natural Resources Co. | 3.450% | 1/15/21 | 4,000 | 4,093 |
Pioneer Natural Resources Co. | 3.950% | 7/15/22 | 8,853 | 9,217 |
Pioneer Natural Resources Co. | 4.450% | 1/15/26 | 9,650 | 10,333 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 5.750% | 1/15/20 | 12,660 | 13,329 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 5.000% | 2/1/21 | 1,460 | 1,531 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 3.650% | 6/1/22 | 3,940 | 3,954 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 2.850% | 1/31/23 | 7,507 | 7,178 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 3.850% | 10/15/23 | 2,396 | 2,384 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 3.600% | 11/1/24 | 14,960 | 14,531 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 4.650% | 10/15/25 | 6,715 | 6,902 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 4.500% | 12/15/26 | 7,275 | 7,407 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 5.150% | 6/1/42 | 2,975 | 2,893 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 4.300% | 1/31/43 | 8,575 | 7,528 |
Plains All American Pipeline LP / PAA | ||||
Finance Corp. | 4.700% | 6/15/44 | 4,575 | 4,271 |
Regency Energy Partners LP / Regency | ||||
Energy Finance Corp. | 5.750% | 9/1/20 | 1,725 | 1,839 |
Regency Energy Partners LP / Regency | ||||
Energy Finance Corp. | 5.875% | 3/1/22 | 5,950 | 6,478 |
Regency Energy Partners LP / Regency | ||||
Energy Finance Corp. | 5.000% | 10/1/22 | 14,400 | 15,336 |
Sabine Pass Liquefaction LLC | 5.625% | 2/1/21 | 16,015 | 17,116 |
Sabine Pass Liquefaction LLC | 6.250% | 3/15/22 | 11,900 | 13,194 |
Sabine Pass Liquefaction LLC | 5.625% | 4/15/23 | 15,400 | 16,825 |
Sabine Pass Liquefaction LLC | 5.750% | 5/15/24 | 18,500 | 20,489 |
Sabine Pass Liquefaction LLC | 5.625% | 3/1/25 | 19,925 | 21,918 |
Sabine Pass Liquefaction LLC | 5.875% | 6/30/26 | 22,150 | 24,697 |
Sabine Pass Liquefaction LLC | 5.000% | 3/15/27 | 4,130 | 4,398 |
Sabine Pass Liquefaction LLC | 4.200% | 3/15/28 | 11,300 | 11,470 |
Schlumberger Investment SA | 3.650% | 12/1/23 | 17,513 | 18,377 |
Shell International Finance BV | 1.375% | 5/10/19 | 4,200 | 4,159 |
Shell International Finance BV | 1.375% | 9/12/19 | 9,800 | 9,680 |
Shell International Finance BV | 4.300% | 9/22/19 | 35,800 | 37,108 |
Shell International Finance BV | 4.375% | 3/25/20 | 7,650 | 8,006 |
Shell International Finance BV | 2.125% | 5/11/20 | 10,000 | 9,978 |
119
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Shell International Finance BV | 2.250% | 11/10/20 | 550 | 550 | |
Shell International Finance BV | 1.875% | 5/10/21 | 20,000 | 19,683 | |
Shell International Finance BV | 1.750% | 9/12/21 | 10,000 | 9,755 | |
Shell International Finance BV | 2.375% | 8/21/22 | 11,865 | 11,752 | |
Shell International Finance BV | 2.250% | 1/6/23 | 5,150 | 5,058 | |
Shell International Finance BV | 3.400% | 8/12/23 | 7,080 | 7,340 | |
Shell International Finance BV | 3.250% | 5/11/25 | 3,700 | 3,801 | |
Shell International Finance BV | 2.875% | 5/10/26 | 16,200 | 16,122 | |
Shell International Finance BV | 2.500% | 9/12/26 | 12,500 | 12,105 | |
Shell International Finance BV | 4.125% | 5/11/35 | 26,241 | 28,705 | |
Shell International Finance BV | 6.375% | 12/15/38 | 16,542 | 23,122 | |
Shell International Finance BV | 5.500% | 3/25/40 | 4,025 | 5,120 | |
Shell International Finance BV | 3.625% | 8/21/42 | 8,275 | 8,276 | |
Shell International Finance BV | 4.550% | 8/12/43 | 4,975 | 5,685 | |
Shell International Finance BV | 4.375% | 5/11/45 | 21,871 | 24,584 | |
Shell International Finance BV | 4.000% | 5/10/46 | 24,950 | 26,466 | |
Shell International Finance BV | 3.750% | 9/12/46 | 16,350 | 16,686 | |
Southern Natural Gas Co. LLC / | |||||
Southern Natural Issuing Corp. | 4.400% | 6/15/21 | 7,315 | 7,631 | |
Spectra Energy Partners LP | 4.750% | 3/15/24 | 8,500 | 9,188 | |
Spectra Energy Partners LP | 3.500% | 3/15/25 | 9,050 | 9,064 | |
Spectra Energy Partners LP | 3.375% | 10/15/26 | 2,075 | 2,039 | |
Spectra Energy Partners LP | 5.950% | 9/25/43 | 2,240 | 2,742 | |
Spectra Energy Partners LP | 4.500% | 3/15/45 | 3,300 | 3,414 | |
Suncor Energy Inc. | 3.600% | 12/1/24 | 350 | 358 | |
Suncor Energy Inc. | 7.150% | 2/1/32 | 3,475 | 4,585 | |
Suncor Energy Inc. | 5.950% | 12/1/34 | 575 | 721 | |
Suncor Energy Inc. | 6.500% | 6/15/38 | 10,220 | 13,655 | |
Suncor Energy Inc. | 6.850% | 6/1/39 | 2,255 | 3,124 | |
Suncor Energy Inc. | 4.000% | 11/15/47 | 6,000 | 6,143 | |
Sunoco Logistics Partners Operations LP | 4.400% | 4/1/21 | 6,450 | 6,705 | |
Sunoco Logistics Partners Operations LP | 4.250% | 4/1/24 | 575 | 587 | |
Sunoco Logistics Partners Operations LP | 5.950% | 12/1/25 | 1,000 | 1,115 | |
Sunoco Logistics Partners Operations LP | 3.900% | 7/15/26 | 18,000 | 17,610 | |
Sunoco Logistics Partners Operations LP | 4.000% | 10/1/27 | 5,600 | 5,498 | |
Sunoco Logistics Partners Operations LP | 6.100% | 2/15/42 | 250 | 264 | |
Sunoco Logistics Partners Operations LP | 4.950% | 1/15/43 | 5,525 | 5,183 | |
Sunoco Logistics Partners Operations LP | 5.300% | 4/1/44 | 10,975 | 10,846 | |
Sunoco Logistics Partners Operations LP | 5.350% | 5/15/45 | 4,475 | 4,435 | |
Sunoco Logistics Partners Operations LP | 5.400% | 10/1/47 | 7,000 | 7,058 | |
TC PipeLines LP | 3.900% | 5/25/27 | 2,600 | 2,611 | |
10 | TechnipFMC plc | 3.450% | 10/1/22 | 8,495 | 8,453 |
Tennessee Gas Pipeline Co. LLC | 7.000% | 3/15/27 | 825 | 980 | |
Texas Eastern Transmission LP | 7.000% | 7/15/32 | 3,205 | 4,131 | |
Tosco Corp. | 7.800% | 1/1/27 | 315 | 413 | |
Tosco Corp. | 8.125% | 2/15/30 | 4,600 | 6,565 | |
Total Capital Canada Ltd. | 2.750% | 7/15/23 | 6,800 | 6,830 | |
Total Capital International SA | 2.125% | 1/10/19 | 8,050 | 8,054 | |
Total Capital International SA | 2.100% | 6/19/19 | 21,700 | 21,705 | |
Total Capital International SA | 2.750% | 6/19/21 | 22,675 | 22,933 | |
Total Capital International SA | 2.875% | 2/17/22 | 10,975 | 11,105 | |
Total Capital International SA | 2.700% | 1/25/23 | 8,950 | 8,965 | |
Total Capital International SA | 3.700% | 1/15/24 | 7,675 | 8,080 | |
Total Capital International SA | 3.750% | 4/10/24 | 2,991 | 3,152 |
120
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Total Capital SA | 4.450% | 6/24/20 | 5,075 | 5,343 |
Total Capital SA | 4.125% | 1/28/21 | 3,005 | 3,163 |
TransCanada PipeLines Ltd. | 2.125% | 11/15/19 | 7,300 | 7,278 |
TransCanada PipeLines Ltd. | 3.800% | 10/1/20 | 7,332 | 7,597 |
TransCanada PipeLines Ltd. | 2.500% | 8/1/22 | 6,075 | 6,024 |
TransCanada PipeLines Ltd. | 3.750% | 10/16/23 | 4,775 | 4,994 |
TransCanada PipeLines Ltd. | 4.875% | 1/15/26 | 5,221 | 5,854 |
TransCanada PipeLines Ltd. | 4.625% | 3/1/34 | 7,750 | 8,652 |
TransCanada PipeLines Ltd. | 5.600% | 3/31/34 | 2,000 | 2,440 |
TransCanada PipeLines Ltd. | 5.850% | 3/15/36 | 3,225 | 4,042 |
TransCanada PipeLines Ltd. | 6.200% | 10/15/37 | 14,075 | 18,546 |
TransCanada PipeLines Ltd. | 7.250% | 8/15/38 | 2,650 | 3,854 |
TransCanada PipeLines Ltd. | 7.625% | 1/15/39 | 2,500 | 3,765 |
TransCanada PipeLines Ltd. | 6.100% | 6/1/40 | 3,975 | 5,250 |
TransCanada PipeLines Ltd. | 5.000% | 10/16/43 | 9,835 | 11,631 |
Transcontinental Gas Pipe Line Co. LLC | 7.850% | 2/1/26 | 10,000 | 12,782 |
Transcontinental Gas Pipe Line Co. LLC | 5.400% | 8/15/41 | 500 | 591 |
Transcontinental Gas Pipe Line Co. LLC | 4.450% | 8/1/42 | 2,923 | 3,079 |
Valero Energy Corp. | 9.375% | 3/15/19 | 2,150 | 2,328 |
Valero Energy Corp. | 6.125% | 2/1/20 | 3,875 | 4,158 |
Valero Energy Corp. | 3.650% | 3/15/25 | 1,250 | 1,288 |
Valero Energy Corp. | 3.400% | 9/15/26 | 15,300 | 15,306 |
Valero Energy Corp. | 7.500% | 4/15/32 | 4,025 | 5,407 |
Valero Energy Corp. | 6.625% | 6/15/37 | 10,506 | 13,897 |
Valero Energy Corp. | 4.900% | 3/15/45 | 6,850 | 7,837 |
Valero Energy Partners LP | 4.375% | 12/15/26 | 1,800 | 1,876 |
Western Gas Partners LP | 5.375% | 6/1/21 | 7,275 | 7,677 |
Western Gas Partners LP | 3.950% | 6/1/25 | 4,300 | 4,296 |
Western Gas Partners LP | 4.650% | 7/1/26 | 2,000 | 2,078 |
Western Gas Partners LP | 5.450% | 4/1/44 | 11,925 | 12,679 |
Williams Partners LP | 5.250% | 3/15/20 | 6,751 | 7,134 |
Williams Partners LP | 4.000% | 11/15/21 | 3,250 | 3,361 |
Williams Partners LP | 3.600% | 3/15/22 | 16,405 | 16,696 |
Williams Partners LP | 3.350% | 8/15/22 | 6,350 | 6,405 |
Williams Partners LP | 4.500% | 11/15/23 | 3,550 | 3,751 |
Williams Partners LP | 4.300% | 3/4/24 | 4,000 | 4,180 |
Williams Partners LP | 3.900% | 1/15/25 | 24,518 | 25,041 |
Williams Partners LP | 4.000% | 9/15/25 | 7,275 | 7,462 |
Williams Partners LP | 3.750% | 6/15/27 | 17,750 | 17,786 |
Williams Partners LP | 6.300% | 4/15/40 | 4,045 | 4,988 |
Williams Partners LP | 5.800% | 11/15/43 | 9,725 | 11,407 |
Williams Partners LP | 5.400% | 3/4/44 | 1,450 | 1,634 |
Williams Partners LP | 4.900% | 1/15/45 | 1,250 | 1,327 |
Williams Partners LP | 5.100% | 9/15/45 | 9,345 | 10,174 |
Williams Partners LP / ACMP Finance Corp. | 4.875% | 3/15/24 | 8,300 | 8,674 |
Other Industrial (0.1%) | ||||
California Institute of Technology GO | 4.321% | 8/1/45 | 1,025 | 1,174 |
California Institute of Technology GO | 4.700% | 11/1/11 | 5,600 | 6,176 |
CBRE Services Inc. | 5.250% | 3/15/25 | 3,700 | 4,068 |
CBRE Services Inc. | 4.875% | 3/1/26 | 10,970 | 11,891 |
Cintas Corp. No 2 | 2.900% | 4/1/22 | 3,500 | 3,522 |
Cintas Corp. No 2 | 3.250% | 6/1/22 | 1,025 | 1,056 |
Cintas Corp. No 2 | 3.700% | 4/1/27 | 8,075 | 8,393 |
121
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Cintas Corp. No 2 | 6.150% | 8/15/36 | 259 | 327 |
Fluor Corp. | 3.375% | 9/15/21 | 3,630 | 3,709 |
Fluor Corp. | 3.500% | 12/15/24 | 6,650 | 6,826 |
Howard Hughes Medical Institute Revenue | 3.500% | 9/1/23 | 3,975 | 4,106 |
5 Johns Hopkins University Maryland GO | 4.083% | 7/1/53 | 5,350 | 5,759 |
5 Massachusetts Institute of Technology GO | 3.959% | 7/1/38 | 45 | 49 |
Massachusetts Institute of Technology GO | 5.600% | 7/1/11 | 6,425 | 9,010 |
Massachusetts Institute of Technology GO | 4.678% | 7/1/14 | 13,775 | 16,083 |
Massachusetts Institute of Technology GO | 3.885% | 7/1/16 | 4,800 | 4,801 |
5 Northwestern University Illinois GO | 3.662% | 12/1/57 | 2,100 | 2,166 |
5 Northwestern University Illinois GO | 4.643% | 12/1/44 | 4,850 | 5,885 |
President & Fellows of Harvard College | ||||
Massachusetts GO | 3.619% | 10/1/37 | 2,700 | 2,871 |
President & Fellows of Harvard College | ||||
Massachusetts Revenue | 3.300% | 7/15/56 | 300 | 296 |
5 Rice University Texas GO | 3.574% | 5/15/45 | 6,400 | 6,421 |
Stanford University California GO | 3.647% | 5/1/48 | 6,000 | 6,416 |
University of Notre Dame du Lac | 3.394% | 2/15/48 | 2,700 | 2,715 |
5 University of Notre Dame du Lac Indiana GO | 3.438% | 2/15/45 | 7,925 | 8,000 |
University of Pennsylvania GO | 4.674% | 9/1/12 | 5,200 | 5,797 |
5 University of Southern California GO | 3.028% | 10/1/39 | 7,751 | 7,302 |
5 University of Southern California GO | 3.841% | 10/1/47 | 9,500 | 10,131 |
Yale University Connecticut GO | 2.086% | 4/15/19 | 2,000 | 2,002 |
Technology (2.4%) | ||||
Adobe Systems Inc. | 4.750% | 2/1/20 | 4,275 | 4,500 |
Adobe Systems Inc. | 3.250% | 2/1/25 | 9,708 | 9,952 |
Alphabet Inc. | 3.625% | 5/19/21 | 3,125 | 3,269 |
Alphabet Inc. | 1.998% | 8/15/26 | 12,425 | 11,699 |
Altera Corp. | 4.100% | 11/15/23 | 6,000 | 6,444 |
Amphenol Corp. | 2.550% | 1/30/19 | 8,525 | 8,537 |
Amphenol Corp. | 2.200% | 4/1/20 | 2,150 | 2,138 |
Amphenol Corp. | 3.125% | 9/15/21 | 5,205 | 5,276 |
Analog Devices Inc. | 2.500% | 12/5/21 | 3,500 | 3,471 |
Analog Devices Inc. | 2.875% | 6/1/23 | 7,600 | 7,566 |
Analog Devices Inc. | 3.125% | 12/5/23 | 6,800 | 6,829 |
Analog Devices Inc. | 3.500% | 12/5/26 | 13,196 | 13,343 |
Apple Inc. | 1.550% | 2/8/19 | 3,200 | 3,189 |
Apple Inc. | 2.100% | 5/6/19 | 14,375 | 14,410 |
Apple Inc. | 1.100% | 8/2/19 | 15,949 | 15,787 |
Apple Inc. | 1.500% | 9/12/19 | 7,525 | 7,462 |
Apple Inc. | 1.800% | 11/13/19 | 7,850 | 7,818 |
Apple Inc. | 1.550% | 2/7/20 | 11,475 | 11,335 |
Apple Inc. | 1.900% | 2/7/20 | 6,000 | 5,972 |
Apple Inc. | 2.000% | 5/6/20 | 8,300 | 8,272 |
Apple Inc. | 1.800% | 5/11/20 | 8,025 | 7,946 |
Apple Inc. | 2.000% | 11/13/20 | 8,875 | 8,819 |
Apple Inc. | 2.250% | 2/23/21 | 35,295 | 35,247 |
Apple Inc. | 2.850% | 5/6/21 | 37,585 | 38,204 |
Apple Inc. | 1.550% | 8/4/21 | 10,525 | 10,214 |
Apple Inc. | 2.150% | 2/9/22 | 9,175 | 9,155 |
Apple Inc. | 2.500% | 2/9/22 | 16,900 | 16,916 |
Apple Inc. | 2.300% | 5/11/22 | 13,650 | 13,535 |
Apple Inc. | 2.700% | 5/13/22 | 25,909 | 26,117 |
122
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Apple Inc. | 2.400% | 1/13/23 | 5,875 | 5,816 | |
Apple Inc. | 2.850% | 2/23/23 | 4,000 | 4,049 | |
Apple Inc. | 2.400% | 5/3/23 | 38,503 | 38,093 | |
Apple Inc. | 3.000% | 2/9/24 | 12,450 | 12,592 | |
Apple Inc. | 3.450% | 5/6/24 | 9,905 | 10,268 | |
Apple Inc. | 2.850% | 5/11/24 | 22,100 | 22,171 | |
Apple Inc. | 2.750% | 1/13/25 | 9,300 | 9,226 | |
Apple Inc. | 2.500% | 2/9/25 | 12,700 | 12,404 | |
Apple Inc. | 3.200% | 5/13/25 | 13,044 | 13,289 | |
Apple Inc. | 3.250% | 2/23/26 | 34,675 | 35,386 | |
Apple Inc. | 2.450% | 8/4/26 | 13,250 | 12,727 | |
Apple Inc. | 3.350% | 2/9/27 | 26,195 | 26,827 | |
Apple Inc. | 3.200% | 5/11/27 | 20,175 | 20,412 | |
Apple Inc. | 2.900% | 9/12/27 | 15,200 | 14,966 | |
Apple Inc. | 3.000% | 11/13/27 | 11,825 | 11,760 | |
Apple Inc. | 4.500% | 2/23/36 | 11,200 | 12,818 | |
Apple Inc. | 3.850% | 5/4/43 | 21,425 | 22,296 | |
Apple Inc. | 4.450% | 5/6/44 | 10,325 | 11,689 | |
Apple Inc. | 3.450% | 2/9/45 | 10,250 | 10,013 | |
Apple Inc. | 4.375% | 5/13/45 | 6,660 | 7,499 | |
Apple Inc. | 4.650% | 2/23/46 | 46,125 | 53,801 | |
Apple Inc. | 3.850% | 8/4/46 | 23,420 | 24,273 | |
Apple Inc. | 4.250% | 2/9/47 | 2,850 | 3,153 | |
Apple Inc. | 3.750% | 9/12/47 | 7,525 | 7,695 | |
Apple Inc. | 3.750% | 11/13/47 | 9,275 | 9,536 | |
Applied Materials Inc. | 2.625% | 10/1/20 | 3,275 | 3,309 | |
Applied Materials Inc. | 4.300% | 6/15/21 | 6,840 | 7,257 | |
Applied Materials Inc. | 3.900% | 10/1/25 | 17,280 | 18,354 | |
Applied Materials Inc. | 3.300% | 4/1/27 | 6,025 | 6,114 | |
Applied Materials Inc. | 5.100% | 10/1/35 | 3,550 | 4,273 | |
Applied Materials Inc. | 5.850% | 6/15/41 | 5,835 | 7,710 | |
Applied Materials Inc. | 4.350% | 4/1/47 | 7,300 | 8,223 | |
Arrow Electronics Inc. | 3.500% | 4/1/22 | 2,500 | 2,531 | |
Arrow Electronics Inc. | 4.500% | 3/1/23 | 3,450 | 3,609 | |
Arrow Electronics Inc. | 3.250% | 9/8/24 | 3,925 | 3,843 | |
Arrow Electronics Inc. | 4.000% | 4/1/25 | 3,500 | 3,570 | |
Arrow Electronics Inc. | 3.875% | 1/12/28 | 4,525 | 4,499 | |
Autodesk Inc. | 3.125% | 6/15/20 | 1,500 | 1,501 | |
Autodesk Inc. | 3.600% | 12/15/22 | 825 | 844 | |
Autodesk Inc. | 4.375% | 6/15/25 | 2,350 | 2,472 | |
Autodesk Inc. | 3.500% | 6/15/27 | 4,925 | 4,841 | |
Avnet Inc. | 5.875% | 6/15/20 | 4,300 | 4,575 | |
Avnet Inc. | 3.750% | 12/1/21 | 2,000 | 2,027 | |
Avnet Inc. | 4.875% | 12/1/22 | 3,050 | 3,210 | |
Avnet Inc. | 4.625% | 4/15/26 | 4,750 | 4,932 | |
Baidu Inc. | 2.750% | 6/9/19 | 2,500 | 2,504 | |
Baidu Inc. | 2.875% | 7/6/22 | 13,775 | 13,626 | |
Baidu Inc. | 3.500% | 11/28/22 | 7,200 | 7,320 | |
Baidu Inc. | 3.625% | 7/6/27 | 5,000 | 4,937 | |
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 2.375% | 1/15/20 | 21,325 | 21,197 | |
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 2.200% | 1/15/21 | 6,125 | 5,991 |
123
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 3.000% | 1/15/22 | 27,050 | 26,862 | |
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 2.650% | 1/15/23 | 12,300 | 11,862 | |
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 3.625% | 1/15/24 | 21,025 | 20,924 | |
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 3.125% | 1/15/25 | 9,025 | 8,622 | |
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 3.875% | 1/15/27 | 47,101 | 46,327 | |
10 | Broadcom Corp. / Broadcom Cayman Finance | ||||
Ltd. | 3.500% | 1/15/28 | 11,025 | 10,506 | |
Broadridge Financial Solutions Inc. | 3.950% | 9/1/20 | 2,150 | 2,221 | |
Broadridge Financial Solutions Inc. | 3.400% | 6/27/26 | 2,700 | 2,644 | |
CA Inc. | 5.375% | 12/1/19 | 3,545 | 3,719 | |
CA Inc. | 3.600% | 8/1/20 | 5,900 | 6,027 | |
CA Inc. | 4.700% | 3/15/27 | 2,750 | 2,849 | |
Cadence Design Systems Inc. | 4.375% | 10/15/24 | 725 | 763 | |
Cisco Systems Inc. | 4.950% | 2/15/19 | 16,325 | 16,859 | |
Cisco Systems Inc. | 1.600% | 2/28/19 | 16,450 | 16,371 | |
Cisco Systems Inc. | 2.125% | 3/1/19 | 30,075 | 30,137 | |
Cisco Systems Inc. | 1.400% | 9/20/19 | 9,800 | 9,693 | |
Cisco Systems Inc. | 4.450% | 1/15/20 | 11,850 | 12,385 | |
Cisco Systems Inc. | 2.450% | 6/15/20 | 12,325 | 12,390 | |
Cisco Systems Inc. | 2.200% | 2/28/21 | 25,300 | 25,181 | |
Cisco Systems Inc. | 2.900% | 3/4/21 | 1,300 | 1,322 | |
Cisco Systems Inc. | 1.850% | 9/20/21 | 6,275 | 6,159 | |
Cisco Systems Inc. | 2.600% | 2/28/23 | 3,550 | 3,553 | |
Cisco Systems Inc. | 2.200% | 9/20/23 | 5,000 | 4,898 | |
Cisco Systems Inc. | 3.625% | 3/4/24 | 3,950 | 4,164 | |
Cisco Systems Inc. | 2.950% | 2/28/26 | 14,700 | 14,727 | |
Cisco Systems Inc. | 2.500% | 9/20/26 | 7,200 | 6,977 | |
Cisco Systems Inc. | 5.900% | 2/15/39 | 13,950 | 19,061 | |
Cisco Systems Inc. | 5.500% | 1/15/40 | 15,492 | 20,383 | |
Citrix Systems Inc. | 4.500% | 12/1/27 | 7,650 | 7,774 | |
Corning Inc. | 6.625% | 5/15/19 | 275 | 291 | |
Corning Inc. | 4.250% | 8/15/20 | 75 | 78 | |
Corning Inc. | 2.900% | 5/15/22 | 4,675 | 4,663 | |
Corning Inc. | 5.750% | 8/15/40 | 7,910 | 9,684 | |
Corning Inc. | 4.375% | 11/15/57 | 5,900 | 5,803 | |
10 | Diamond 1 Finance Corp. / Diamond 2 | ||||
Finance Corp. | 3.480% | 6/1/19 | 28,350 | 28,708 | |
10 | Diamond 1 Finance Corp. / Diamond 2 | ||||
Finance Corp. | 4.420% | 6/15/21 | 37,025 | 38,594 | |
10 | Diamond 1 Finance Corp. / Diamond 2 | ||||
Finance Corp. | 5.450% | 6/15/23 | 41,105 | 44,359 | |
10 | Diamond 1 Finance Corp. / Diamond 2 | ||||
Finance Corp. | 6.020% | 6/15/26 | 36,325 | 39,890 | |
10 | Diamond 1 Finance Corp. / Diamond 2 | ||||
Finance Corp. | 8.100% | 7/15/36 | 12,840 | 16,228 | |
10 | Diamond 1 Finance Corp. / Diamond 2 | ||||
Finance Corp. | 8.350% | 7/15/46 | 15,930 | 20,504 | |
DXC Technology Co. | 2.875% | 3/27/20 | 3,600 | 3,614 | |
DXC Technology Co. | 4.250% | 4/15/24 | 7,500 | 7,808 |
124
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
DXC Technology Co. | 4.750% | 4/15/27 | 6,000 | 6,372 | |
Enterprise Services LLC | 7.450% | 10/15/29 | 500 | 619 | |
Equifax Inc. | 2.300% | 6/1/21 | 9,550 | 9,291 | |
Fidelity National Information Services Inc. | 3.625% | 10/15/20 | 15,158 | 15,560 | |
Fidelity National Information Services Inc. | 2.250% | 8/15/21 | 6,375 | 6,274 | |
Fidelity National Information Services Inc. | 4.500% | 10/15/22 | 2,490 | 2,663 | |
Fidelity National Information Services Inc. | 3.500% | 4/15/23 | 5,276 | 5,390 | |
Fidelity National Information Services Inc. | 3.875% | 6/5/24 | 1,257 | 1,302 | |
Fidelity National Information Services Inc. | 5.000% | 10/15/25 | 4,038 | 4,458 | |
Fidelity National Information Services Inc. | 3.000% | 8/15/26 | 9,650 | 9,332 | |
Fidelity National Information Services Inc. | 4.500% | 8/15/46 | 9,900 | 10,284 | |
Fiserv Inc. | 2.700% | 6/1/20 | 4,575 | 4,605 | |
Fiserv Inc. | 3.500% | 10/1/22 | 2,425 | 2,496 | |
Fiserv Inc. | 3.850% | 6/1/25 | 9,125 | 9,492 | |
Flex Ltd. | 4.625% | 2/15/20 | 1,750 | 1,809 | |
Flex Ltd. | 5.000% | 2/15/23 | 1,530 | 1,640 | |
Hewlett Packard Enterprise Co. | 3.600% | 10/15/20 | 33,380 | 34,081 | |
Hewlett Packard Enterprise Co. | 4.400% | 10/15/22 | 17,575 | 18,467 | |
Hewlett Packard Enterprise Co. | 4.900% | 10/15/25 | 19,500 | 20,550 | |
Hewlett Packard Enterprise Co. | 6.200% | 10/15/35 | 4,500 | 4,879 | |
Hewlett Packard Enterprise Co. | 6.350% | 10/15/45 | 15,450 | 16,362 | |
HP Inc. | 3.750% | 12/1/20 | 2,009 | 2,063 | |
HP Inc. | 4.300% | 6/1/21 | 4,630 | 4,857 | |
HP Inc. | 4.375% | 9/15/21 | 18,675 | 19,665 | |
HP Inc. | 4.650% | 12/9/21 | 12,415 | 13,196 | |
HP Inc. | 6.000% | 9/15/41 | 7,570 | 8,168 | |
IBM Credit LLC | 1.625% | 9/6/19 | 6,750 | 6,705 | |
IBM Credit LLC | 1.800% | 1/20/21 | 7,100 | 6,987 | |
IBM Credit LLC | 2.200% | 9/8/22 | 6,350 | 6,226 | |
Intel Corp. | 1.850% | 5/11/20 | 7,300 | 7,258 | |
Intel Corp. | 2.450% | 7/29/20 | 11,615 | 11,693 | |
Intel Corp. | 1.700% | 5/19/21 | 5,375 | 5,265 | |
Intel Corp. | 3.300% | 10/1/21 | 12,525 | 12,960 | |
Intel Corp. | 2.350% | 5/11/22 | 5,500 | 5,467 | |
Intel Corp. | 3.100% | 7/29/22 | 6,025 | 6,182 | |
Intel Corp. | 2.700% | 12/15/22 | 14,575 | 14,720 | |
Intel Corp. | 2.875% | 5/11/24 | 9,500 | 9,563 | |
Intel Corp. | 3.700% | 7/29/25 | 11,825 | 12,485 | |
Intel Corp. | 2.600% | 5/19/26 | 100 | 98 | |
Intel Corp. | 3.150% | 5/11/27 | 7,650 | 7,784 | |
Intel Corp. | 4.000% | 12/15/32 | 4,800 | 5,287 | |
Intel Corp. | 4.800% | 10/1/41 | 5,072 | 6,089 | |
Intel Corp. | 4.100% | 5/19/46 | 6,725 | 7,347 | |
Intel Corp. | 4.100% | 5/11/47 | 7,965 | 8,777 | |
10 | Intel Corp. | 3.734% | 12/8/47 | 29,885 | 31,142 |
International Business Machines Corp. | 1.950% | 2/12/19 | 13,192 | 13,179 | |
International Business Machines Corp. | 1.875% | 5/15/19 | 775 | 773 | |
International Business Machines Corp. | 1.900% | 1/27/20 | 7,500 | 7,467 | |
International Business Machines Corp. | 1.625% | 5/15/20 | 9,751 | 9,625 | |
International Business Machines Corp. | 2.900% | 11/1/21 | 7,325 | 7,438 | |
International Business Machines Corp. | 2.500% | 1/27/22 | 6,575 | 6,579 | |
International Business Machines Corp. | 1.875% | 8/1/22 | 11,185 | 10,854 | |
International Business Machines Corp. | 2.875% | 11/9/22 | 30,760 | 31,010 | |
International Business Machines Corp. | 3.375% | 8/1/23 | 13,825 | 14,280 |
125
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
International Business Machines Corp. | 3.625% | 2/12/24 | 15,650 | 16,339 |
International Business Machines Corp. | 7.000% | 10/30/25 | 2,850 | 3,652 |
International Business Machines Corp. | 3.450% | 2/19/26 | 10,469 | 10,818 |
International Business Machines Corp. | 3.300% | 1/27/27 | 6,500 | 6,625 |
International Business Machines Corp. | 6.220% | 8/1/27 | 1,975 | 2,463 |
International Business Machines Corp. | 5.875% | 11/29/32 | 100 | 129 |
International Business Machines Corp. | 5.600% | 11/30/39 | 1,098 | 1,430 |
International Business Machines Corp. | 4.000% | 6/20/42 | 11,097 | 11,696 |
International Business Machines Corp. | 4.700% | 2/19/46 | 9,100 | 10,693 |
Jabil Inc. | 5.625% | 12/15/20 | 1,375 | 1,467 |
Jabil Inc. | 4.700% | 9/15/22 | 1,500 | 1,578 |
Juniper Networks Inc. | 3.125% | 2/26/19 | 2,700 | 2,718 |
Juniper Networks Inc. | 3.300% | 6/15/20 | 1,000 | 1,008 |
Juniper Networks Inc. | 4.600% | 3/15/21 | 900 | 943 |
Juniper Networks Inc. | 4.350% | 6/15/25 | 725 | 744 |
Juniper Networks Inc. | 5.950% | 3/15/41 | 5,800 | 6,497 |
Keysight Technologies Inc. | 3.300% | 10/30/19 | 3,135 | 3,168 |
Keysight Technologies Inc. | 4.550% | 10/30/24 | 4,075 | 4,321 |
Keysight Technologies Inc. | 4.600% | 4/6/27 | 5,375 | 5,663 |
KLA-Tencor Corp. | 4.125% | 11/1/21 | 8,950 | 9,339 |
KLA-Tencor Corp. | 4.650% | 11/1/24 | 10,090 | 10,913 |
Lam Research Corp. | 2.750% | 3/15/20 | 3,300 | 3,305 |
Lam Research Corp. | 2.800% | 6/15/21 | 7,400 | 7,440 |
Lam Research Corp. | 3.800% | 3/15/25 | 2,700 | 2,810 |
Maxim Integrated Products Inc. | 3.375% | 3/15/23 | 3,875 | 3,916 |
Maxim Integrated Products Inc. | 3.450% | 6/15/27 | 5,200 | 5,215 |
Microsoft Corp. | 4.200% | 6/1/19 | 1,265 | 1,303 |
Microsoft Corp. | 1.100% | 8/8/19 | 19,550 | 19,283 |
Microsoft Corp. | 1.850% | 2/6/20 | 4,000 | 3,959 |
Microsoft Corp. | 1.850% | 2/12/20 | 150 | 149 |
Microsoft Corp. | 3.000% | 10/1/20 | 2,000 | 2,046 |
Microsoft Corp. | 2.000% | 11/3/20 | 35,675 | 35,510 |
Microsoft Corp. | 4.000% | 2/8/21 | 3,825 | 4,022 |
Microsoft Corp. | 1.550% | 8/8/21 | 18,025 | 17,552 |
Microsoft Corp. | 2.400% | 2/6/22 | 13,000 | 12,998 |
Microsoft Corp. | 2.375% | 2/12/22 | 9,625 | 9,723 |
Microsoft Corp. | 2.650% | 11/3/22 | 36,380 | 36,701 |
Microsoft Corp. | 2.125% | 11/15/22 | 4,350 | 4,281 |
Microsoft Corp. | 2.375% | 5/1/23 | 1,150 | 1,139 |
Microsoft Corp. | 2.000% | 8/8/23 | 17,100 | 16,617 |
Microsoft Corp. | 3.625% | 12/15/23 | 150 | 158 |
Microsoft Corp. | 2.875% | 2/6/24 | 27,600 | 27,924 |
Microsoft Corp. | 2.700% | 2/12/25 | 8,825 | 8,788 |
Microsoft Corp. | 3.125% | 11/3/25 | 17,550 | 17,893 |
Microsoft Corp. | 2.400% | 8/8/26 | 34,665 | 33,445 |
Microsoft Corp. | 3.300% | 2/6/27 | 31,400 | 32,360 |
Microsoft Corp. | 3.500% | 2/12/35 | 13,575 | 14,083 |
Microsoft Corp. | 4.200% | 11/3/35 | 5,160 | 5,839 |
Microsoft Corp. | 3.450% | 8/8/36 | 24,400 | 25,133 |
Microsoft Corp. | 4.100% | 2/6/37 | 21,425 | 23,923 |
Microsoft Corp. | 5.200% | 6/1/39 | 1,750 | 2,207 |
Microsoft Corp. | 4.500% | 10/1/40 | 6,435 | 7,512 |
Microsoft Corp. | 5.300% | 2/8/41 | 2,500 | 3,198 |
Microsoft Corp. | 3.500% | 11/15/42 | 7,630 | 7,727 |
126
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Microsoft Corp. | 3.750% | 5/1/43 | 3,715 | 3,880 |
Microsoft Corp. | 4.875% | 12/15/43 | 4,925 | 6,022 |
Microsoft Corp. | 3.750% | 2/12/45 | 17,675 | 18,623 |
Microsoft Corp. | 4.450% | 11/3/45 | 24,850 | 28,959 |
Microsoft Corp. | 3.700% | 8/8/46 | 35,325 | 36,831 |
Microsoft Corp. | 4.250% | 2/6/47 | 26,200 | 29,957 |
Microsoft Corp. | 4.000% | 2/12/55 | 17,075 | 18,343 |
Microsoft Corp. | 4.750% | 11/3/55 | 1,050 | 1,300 |
Microsoft Corp. | 3.950% | 8/8/56 | 15,100 | 16,086 |
Microsoft Corp. | 4.500% | 2/6/57 | 19,075 | 22,464 |
Motorola Solutions Inc. | 3.500% | 9/1/21 | 325 | 331 |
Motorola Solutions Inc. | 3.750% | 5/15/22 | 6,425 | 6,522 |
Motorola Solutions Inc. | 3.500% | 3/1/23 | 4,400 | 4,422 |
Motorola Solutions Inc. | 4.000% | 9/1/24 | 6,525 | 6,680 |
Motorola Solutions Inc. | 5.500% | 9/1/44 | 4,100 | 4,132 |
NetApp Inc. | 2.000% | 9/27/19 | 3,950 | 3,917 |
NetApp Inc. | 3.375% | 6/15/21 | 4,350 | 4,432 |
NetApp Inc. | 3.300% | 9/29/24 | 3,050 | 3,020 |
NVIDIA Corp. | 2.200% | 9/16/21 | 7,100 | 7,029 |
NVIDIA Corp. | 3.200% | 9/16/26 | 9,755 | 9,759 |
Oracle Corp. | 2.375% | 1/15/19 | 6,325 | 6,352 |
Oracle Corp. | 5.000% | 7/8/19 | 11,000 | 11,484 |
Oracle Corp. | 2.250% | 10/8/19 | 25,100 | 25,202 |
Oracle Corp. | 3.875% | 7/15/20 | 7,983 | 8,325 |
Oracle Corp. | 2.800% | 7/8/21 | 12,460 | 12,671 |
Oracle Corp. | 1.900% | 9/15/21 | 34,450 | 33,886 |
Oracle Corp. | 2.500% | 5/15/22 | 8,800 | 8,805 |
Oracle Corp. | 2.500% | 10/15/22 | 18,260 | 18,240 |
Oracle Corp. | 2.625% | 2/15/23 | 10,000 | 10,014 |
Oracle Corp. | 2.400% | 9/15/23 | 14,030 | 13,857 |
Oracle Corp. | 3.400% | 7/8/24 | 21,450 | 22,270 |
Oracle Corp. | 2.950% | 11/15/24 | 26,530 | 26,719 |
Oracle Corp. | 2.950% | 5/15/25 | 19,100 | 19,157 |
Oracle Corp. | 2.650% | 7/15/26 | 23,715 | 23,121 |
Oracle Corp. | 3.250% | 11/15/27 | 21,670 | 21,991 |
Oracle Corp. | 3.250% | 5/15/30 | 3,147 | 3,181 |
Oracle Corp. | 4.300% | 7/8/34 | 14,700 | 16,334 |
Oracle Corp. | 3.900% | 5/15/35 | 12,400 | 13,051 |
Oracle Corp. | 3.850% | 7/15/36 | 18,450 | 19,496 |
Oracle Corp. | 3.800% | 11/15/37 | 14,000 | 14,692 |
Oracle Corp. | 6.500% | 4/15/38 | 3,800 | 5,346 |
Oracle Corp. | 6.125% | 7/8/39 | 5,355 | 7,334 |
Oracle Corp. | 5.375% | 7/15/40 | 17,272 | 21,779 |
Oracle Corp. | 4.500% | 7/8/44 | 8,850 | 10,050 |
Oracle Corp. | 4.125% | 5/15/45 | 18,250 | 19,597 |
Oracle Corp. | 4.000% | 7/15/46 | 24,675 | 26,226 |
Oracle Corp. | 4.000% | 11/15/47 | 19,350 | 20,561 |
Oracle Corp. | 4.375% | 5/15/55 | 9,500 | 10,577 |
Pitney Bowes Inc. | 6.250% | 3/15/19 | 1,375 | 1,418 |
Pitney Bowes Inc. | 3.625% | 10/1/21 | 10,470 | 9,741 |
Pitney Bowes Inc. | 4.700% | 4/1/23 | 3,205 | 2,942 |
Pitney Bowes Inc. | 4.625% | 3/15/24 | 3,525 | 3,242 |
QUALCOMM Inc. | 1.850% | 5/20/19 | 17,448 | 17,386 |
QUALCOMM Inc. | 2.100% | 5/20/20 | 11,325 | 11,270 |
127
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
QUALCOMM Inc. | 2.250% | 5/20/20 | 5,750 | 5,708 | |
QUALCOMM Inc. | 3.000% | 5/20/22 | 16,500 | 16,517 | |
QUALCOMM Inc. | 2.600% | 1/30/23 | 11,400 | 11,100 | |
QUALCOMM Inc. | 2.900% | 5/20/24 | 28,820 | 28,105 | |
QUALCOMM Inc. | 3.450% | 5/20/25 | 8,300 | 8,319 | |
QUALCOMM Inc. | 3.250% | 5/20/27 | 23,350 | 22,787 | |
QUALCOMM Inc. | 4.650% | 5/20/35 | 7,290 | 7,847 | |
QUALCOMM Inc. | 4.800% | 5/20/45 | 11,525 | 12,459 | |
QUALCOMM Inc. | 4.300% | 5/20/47 | 9,625 | 9,683 | |
10 | Seagate HDD Cayman | 4.250% | 3/1/22 | 5,500 | 5,541 |
Seagate HDD Cayman | 4.750% | 6/1/23 | 7,225 | 7,351 | |
10 | Seagate HDD Cayman | 4.875% | 3/1/24 | 4,500 | 4,506 |
Seagate HDD Cayman | 4.750% | 1/1/25 | 8,150 | 7,987 | |
Seagate HDD Cayman | 4.875% | 6/1/27 | 5,310 | 5,071 | |
Seagate HDD Cayman | 5.750% | 12/1/34 | 3,610 | 3,474 | |
Tech Data Corp. | 3.700% | 2/15/22 | 3,800 | 3,804 | |
Tech Data Corp. | 4.950% | 2/15/27 | 4,350 | 4,566 | |
Texas Instruments Inc. | 1.650% | 8/3/19 | 5,300 | 5,269 | |
Texas Instruments Inc. | 2.750% | 3/12/21 | 4,000 | 4,052 | |
Texas Instruments Inc. | 1.850% | 5/15/22 | 1,350 | 1,317 | |
Texas Instruments Inc. | 2.250% | 5/1/23 | 1,750 | 1,719 | |
Texas Instruments Inc. | 2.625% | 5/15/24 | 2,500 | 2,483 | |
Texas Instruments Inc. | 2.900% | 11/3/27 | 5,725 | 5,674 | |
Total System Services Inc. | 3.800% | 4/1/21 | 7,305 | 7,469 | |
Total System Services Inc. | 3.750% | 6/1/23 | 4,650 | 4,729 | |
Total System Services Inc. | 4.800% | 4/1/26 | 9,829 | 10,573 | |
Trimble Navigation Ltd. | 4.750% | 12/1/24 | 2,500 | 2,682 | |
Tyco Electronics Group SA | 4.875% | 1/15/21 | 3,750 | 3,987 | |
Tyco Electronics Group SA | 3.500% | 2/3/22 | 3,900 | 4,011 | |
Tyco Electronics Group SA | 3.450% | 8/1/24 | 1,000 | 1,025 | |
Tyco Electronics Group SA | 3.700% | 2/15/26 | 3,000 | 3,095 | |
Tyco Electronics Group SA | 3.125% | 8/15/27 | 2,950 | 2,912 | |
Tyco Electronics Group SA | 7.125% | 10/1/37 | 9,625 | 13,832 | |
Verisk Analytics Inc. | 5.800% | 5/1/21 | 5,235 | 5,702 | |
Verisk Analytics Inc. | 4.125% | 9/12/22 | 8,125 | 8,473 | |
Verisk Analytics Inc. | 4.000% | 6/15/25 | 6,525 | 6,757 | |
Verisk Analytics Inc. | 5.500% | 6/15/45 | 3,995 | 4,618 | |
VMware Inc. | 2.300% | 8/21/20 | 9,300 | 9,220 | |
VMware Inc. | 2.950% | 8/21/22 | 11,200 | 11,178 | |
VMware Inc. | 3.900% | 8/21/27 | 9,925 | 10,089 | |
Xerox Corp. | 5.625% | 12/15/19 | 1,165 | 1,225 | |
Xerox Corp. | 2.800% | 5/15/20 | 2,250 | 2,241 | |
Xerox Corp. | 2.750% | 9/1/20 | 1,825 | 1,810 | |
Xerox Corp. | 4.070% | 3/17/22 | 6,912 | 6,982 | |
Xerox Corp. | 3.625% | 3/15/23 | 7,600 | 7,399 | |
Xerox Corp. | 6.750% | 12/15/39 | 600 | 641 | |
Xilinx Inc. | 2.125% | 3/15/19 | 500 | 499 | |
Xilinx Inc. | 3.000% | 3/15/21 | 9,375 | 9,448 | |
Xilinx Inc. | 2.950% | 6/1/24 | 5,500 | 5,460 |
128
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Transportation (0.6%) | ||||
5 American Airlines 2011-1 Class A Pass | ||||
Through Trust | 5.250% | 7/31/22 | 3,942 | 4,146 |
5 American Airlines 2013-1 Class A Pass | ||||
Through Trust | 4.000% | 1/15/27 | 929 | 957 |
5 American Airlines 2013-2 Class A Pass | ||||
Through Trust | 4.950% | 7/15/24 | 4,486 | 4,736 |
5 American Airlines 2014-1 Class A Pass | ||||
Through Trust | 3.700% | 4/1/28 | 1,724 | 1,756 |
5 American Airlines 2015-1 Class A Pass | ||||
Through Trust | 3.375% | 11/1/28 | 5,997 | 6,000 |
5 American Airlines 2015-1 Class B Pass | ||||
Through Trust | 3.700% | 11/1/24 | 1,298 | 1,295 |
5 American Airlines 2015-2 Class AA Pass | ||||
Through Trust | 3.600% | 9/22/27 | 975 | 997 |
5 American Airlines 2016-1 Class A Pass | ||||
Through Trust | 4.100% | 1/15/28 | 1,998 | 2,089 |
5 American Airlines 2016-1 Class AA Pass | ||||
Through Trust | 3.575% | 1/15/28 | 5,091 | 5,189 |
5 American Airlines 2016-2 Class A Pass | ||||
Through Trust | 3.650% | 6/15/28 | 4,005 | 4,063 |
5 American Airlines 2016-2 Class AA Pass | ||||
Through Trust | 3.200% | 12/15/29 | 9,764 | 9,695 |
5 American Airlines 2016-3 Class A Pass | ||||
Through Trust | 3.250% | 4/15/30 | 2,164 | 2,140 |
5 American Airlines 2016-3 Class AA Pass | ||||
Through Trust | 3.000% | 10/15/28 | 6,758 | 6,625 |
5 American Airlines 2017-1 Class AA Pass | ||||
Through Trust | 3.650% | 8/15/30 | 2,800 | 2,870 |
5 American Airlines 2017-1B Class B Pass | ||||
Through Trust | 4.950% | 2/15/25 | 1,500 | 1,569 |
5 American Airlines 2017-2 Class AA Pass | ||||
Through Trust | 3.350% | 10/15/29 | 4,500 | 4,524 |
Burlington Northern Santa Fe LLC | 4.700% | 10/1/19 | 50 | 52 |
Burlington Northern Santa Fe LLC | 3.600% | 9/1/20 | 3,750 | 3,860 |
Burlington Northern Santa Fe LLC | 3.450% | 9/15/21 | 2,340 | 2,409 |
Burlington Northern Santa Fe LLC | 3.050% | 3/15/22 | 1,025 | 1,043 |
Burlington Northern Santa Fe LLC | 3.050% | 9/1/22 | 6,100 | 6,192 |
Burlington Northern Santa Fe LLC | 3.000% | 3/15/23 | 6,160 | 6,275 |
Burlington Northern Santa Fe LLC | 3.850% | 9/1/23 | 6,200 | 6,534 |
Burlington Northern Santa Fe LLC | 3.750% | 4/1/24 | 3,475 | 3,676 |
Burlington Northern Santa Fe LLC | 3.400% | 9/1/24 | 8,375 | 8,691 |
Burlington Northern Santa Fe LLC | 3.000% | 4/1/25 | 12,300 | 12,384 |
Burlington Northern Santa Fe LLC | 3.250% | 6/15/27 | 11,200 | 11,406 |
Burlington Northern Santa Fe LLC | 6.200% | 8/15/36 | 1,475 | 1,953 |
Burlington Northern Santa Fe LLC | 6.150% | 5/1/37 | 550 | 745 |
Burlington Northern Santa Fe LLC | 5.750% | 5/1/40 | 12,450 | 16,208 |
Burlington Northern Santa Fe LLC | 5.050% | 3/1/41 | 3,875 | 4,648 |
Burlington Northern Santa Fe LLC | 5.400% | 6/1/41 | 4,025 | 5,030 |
Burlington Northern Santa Fe LLC | 4.950% | 9/15/41 | 3,630 | 4,314 |
Burlington Northern Santa Fe LLC | 4.400% | 3/15/42 | 4,304 | 4,825 |
Burlington Northern Santa Fe LLC | 4.375% | 9/1/42 | 9,591 | 10,726 |
Burlington Northern Santa Fe LLC | 4.450% | 3/15/43 | 10,340 | 11,671 |
Burlington Northern Santa Fe LLC | 4.900% | 4/1/44 | 7,305 | 8,764 |
Burlington Northern Santa Fe LLC | 4.550% | 9/1/44 | 7,805 | 8,991 |
129
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Burlington Northern Santa Fe LLC | 4.150% | 4/1/45 | 1,180 | 1,278 |
Burlington Northern Santa Fe LLC | 4.700% | 9/1/45 | 4,800 | 5,651 |
Burlington Northern Santa Fe LLC | 3.900% | 8/1/46 | 3,300 | 3,504 |
Burlington Northern Santa Fe LLC | 4.125% | 6/15/47 | 13,050 | 14,559 |
Canadian National Railway Co. | 5.550% | 3/1/19 | 5,085 | 5,277 |
Canadian National Railway Co. | 2.850% | 12/15/21 | 11,235 | 11,367 |
Canadian National Railway Co. | 2.750% | 3/1/26 | 1,800 | 1,779 |
Canadian National Railway Co. | 6.900% | 7/15/28 | 300 | 396 |
Canadian National Railway Co. | 6.250% | 8/1/34 | 300 | 402 |
Canadian National Railway Co. | 6.200% | 6/1/36 | 5,425 | 7,317 |
Canadian National Railway Co. | 6.375% | 11/15/37 | 250 | 349 |
Canadian National Railway Co. | 3.200% | 8/2/46 | 4,850 | 4,636 |
Canadian Pacific Railway Co. | 7.250% | 5/15/19 | 2,445 | 2,604 |
Canadian Pacific Railway Co. | 4.500% | 1/15/22 | 4,925 | 5,216 |
Canadian Pacific Railway Co. | 4.450% | 3/15/23 | 4,530 | 4,827 |
Canadian Pacific Railway Co. | 2.900% | 2/1/25 | 5,625 | 5,566 |
Canadian Pacific Railway Co. | 7.125% | 10/15/31 | 1,456 | 1,995 |
Canadian Pacific Railway Co. | 5.750% | 3/15/33 | 100 | 119 |
Canadian Pacific Railway Co. | 5.950% | 5/15/37 | 11,010 | 14,156 |
Canadian Pacific Railway Co. | 5.750% | 1/15/42 | 9,360 | 11,919 |
Canadian Pacific Railway Co. | 4.800% | 8/1/45 | 100 | 118 |
Canadian Pacific Railway Co. | 6.125% | 9/15/15 | 1,960 | 2,583 |
5 Continental Airlines 2009-2 Class A Pass | ||||
Through Trust | 7.250% | 5/10/21 | 1,118 | 1,206 |
5 Continental Airlines 2010-1 Class A Pass | ||||
Through Trust | 4.750% | 7/12/22 | 3,239 | 3,379 |
5 Continental Airlines 2012-1 Class A Pass | ||||
Through Trust | 4.150% | 10/11/25 | 5,285 | 5,516 |
5 Continental Airlines 2012-2 Class A Pass | ||||
Through Trust | 4.000% | 4/29/26 | 977 | 1,015 |
CSX Corp. | 4.250% | 6/1/21 | 7,340 | 7,712 |
CSX Corp. | 3.700% | 11/1/23 | 1,200 | 1,240 |
CSX Corp. | 3.350% | 11/1/25 | 3,300 | 3,356 |
CSX Corp. | 2.600% | 11/1/26 | 1,400 | 1,336 |
CSX Corp. | 3.250% | 6/1/27 | 12,250 | 12,226 |
CSX Corp. | 6.000% | 10/1/36 | 300 | 383 |
CSX Corp. | 6.150% | 5/1/37 | 1,500 | 1,947 |
CSX Corp. | 6.220% | 4/30/40 | 5,864 | 7,739 |
CSX Corp. | 5.500% | 4/15/41 | 4,800 | 5,881 |
CSX Corp. | 4.750% | 5/30/42 | 2,290 | 2,566 |
CSX Corp. | 4.100% | 3/15/44 | 3,925 | 4,084 |
CSX Corp. | 3.800% | 11/1/46 | 2,375 | 2,361 |
CSX Corp. | 3.950% | 5/1/50 | 10,100 | 9,984 |
CSX Corp. | 4.500% | 8/1/54 | 150 | 157 |
CSX Corp. | 4.250% | 11/1/66 | 5,175 | 5,203 |
5 Delta Air Lines 2007-1 Class A Pass | ||||
Through Trust | 6.821% | 2/10/24 | 6,103 | 6,908 |
5 Delta Air Lines 2009-1 Class A Pass | ||||
Through Trust | 7.750% | 6/17/21 | 2,677 | 2,896 |
5 Delta Air Lines 2010-2 Class A Pass | ||||
Through Trust | 4.950% | 11/23/20 | 424 | 434 |
5 Delta Air Lines 2012-1 Class A Pass | ||||
Through Trust | 4.750% | 11/7/21 | 895 | 930 |
5 Delta Air Lines 2015-1 Class AA Pass | ||||
Through Trust | 3.625% | 7/30/27 | 960 | 989 |
130
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Delta Air Lines Inc. | 2.875% | 3/13/20 | 7,000 | 7,035 | |
Delta Air Lines Inc. | 2.600% | 12/4/20 | 5,400 | 5,384 | |
Delta Air Lines Inc. | 3.625% | 3/15/22 | 7,000 | 7,104 | |
FedEx Corp. | 8.000% | 1/15/19 | 3,580 | 3,786 | |
FedEx Corp. | 2.300% | 2/1/20 | 4,100 | 4,097 | |
FedEx Corp. | 2.625% | 8/1/22 | 3,353 | 3,349 | |
FedEx Corp. | 4.000% | 1/15/24 | 3,250 | 3,453 | |
FedEx Corp. | 3.200% | 2/1/25 | 3,300 | 3,343 | |
FedEx Corp. | 3.250% | 4/1/26 | 3,400 | 3,428 | |
FedEx Corp. | 3.300% | 3/15/27 | 3,350 | 3,362 | |
FedEx Corp. | 4.900% | 1/15/34 | 800 | 903 | |
FedEx Corp. | 3.900% | 2/1/35 | 6,600 | 6,680 | |
FedEx Corp. | 3.875% | 8/1/42 | 275 | 270 | |
FedEx Corp. | 4.100% | 4/15/43 | 2,275 | 2,324 | |
FedEx Corp. | 5.100% | 1/15/44 | 7,502 | 8,678 | |
FedEx Corp. | 4.750% | 11/15/45 | 11,700 | 13,180 | |
FedEx Corp. | 4.550% | 4/1/46 | 7,825 | 8,601 | |
FedEx Corp. | 4.400% | 1/15/47 | 8,100 | 8,649 | |
JB Hunt Transport Services Inc. | 3.300% | 8/15/22 | 6,200 | 6,284 | |
Kansas City Southern | 3.000% | 5/15/23 | 3,975 | 3,955 | |
Kansas City Southern | 4.300% | 5/15/43 | 4,400 | 4,564 | |
Kansas City Southern | 4.950% | 8/15/45 | 10,475 | 11,899 | |
5 | Latam Airlines 2015-1 Pass Through Trust A | 4.200% | 8/15/29 | 2,941 | 2,982 |
Norfolk Southern Corp. | 5.900% | 6/15/19 | 3,390 | 3,557 | |
Norfolk Southern Corp. | 3.250% | 12/1/21 | 1,000 | 1,020 | |
Norfolk Southern Corp. | 3.000% | 4/1/22 | 5,130 | 5,186 | |
Norfolk Southern Corp. | 2.903% | 2/15/23 | 7,053 | 7,072 | |
Norfolk Southern Corp. | 3.850% | 1/15/24 | 2,000 | 2,105 | |
Norfolk Southern Corp. | 7.800% | 5/15/27 | 1,095 | 1,487 | |
Norfolk Southern Corp. | 3.150% | 6/1/27 | 6,000 | 5,988 | |
Norfolk Southern Corp. | 7.250% | 2/15/31 | 811 | 1,160 | |
Norfolk Southern Corp. | 7.050% | 5/1/37 | 800 | 1,184 | |
Norfolk Southern Corp. | 4.837% | 10/1/41 | 9,748 | 11,297 | |
Norfolk Southern Corp. | 3.950% | 10/1/42 | 2,125 | 2,178 | |
Norfolk Southern Corp. | 4.450% | 6/15/45 | 5,320 | 5,913 | |
Norfolk Southern Corp. | 4.650% | 1/15/46 | 3,900 | 4,437 | |
10 | Norfolk Southern Corp. | 4.050% | 8/15/52 | 11,949 | 12,392 |
Norfolk Southern Corp. | 6.000% | 3/15/05 | 1,437 | 1,747 | |
Norfolk Southern Railway Co. | 9.750% | 6/15/20 | 275 | 321 | |
5 | Northwest Airlines 2007-1 Class A Pass | ||||
Through Trust | 7.027% | 5/1/21 | 175 | 189 | |
Ryder System Inc. | 2.350% | 2/26/19 | 3,205 | 3,208 | |
Ryder System Inc. | 2.550% | 6/1/19 | 8,825 | 8,849 | |
Ryder System Inc. | 2.450% | 9/3/19 | 700 | 701 | |
Ryder System Inc. | 2.500% | 5/11/20 | 2,000 | 1,998 | |
Ryder System Inc. | 2.875% | 9/1/20 | 1,700 | 1,711 | |
Ryder System Inc. | 2.250% | 9/1/21 | 350 | 344 | |
Southwest Airlines Co. | 2.750% | 11/6/19 | 3,450 | 3,478 | |
Southwest Airlines Co. | 2.650% | 11/5/20 | 3,425 | 3,440 | |
Southwest Airlines Co. | 2.750% | 11/16/22 | 1,000 | 993 | |
Southwest Airlines Co. | 3.000% | 11/15/26 | 3,425 | 3,307 | |
Southwest Airlines Co. | 3.450% | 11/16/27 | 1,750 | 1,736 | |
5 | Southwest Airlines Co. 2007-1 Pass | ||||
Through Trust | 6.150% | 2/1/24 | 264 | 286 |
131
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
5 Spirit Airlines Class A Pass Through | ||||
Certificates Series 2015-1 | 4.100% | 10/1/29 | 2,309 | 2,397 |
Trinity Industries Inc. | 4.550% | 10/1/24 | 1,240 | 1,235 |
Union Pacific Corp. | 1.800% | 2/1/20 | 1,000 | 991 |
Union Pacific Corp. | 2.250% | 6/19/20 | 6,500 | 6,509 |
Union Pacific Corp. | 4.000% | 2/1/21 | 4,325 | 4,523 |
Union Pacific Corp. | 4.163% | 7/15/22 | 9,746 | 10,439 |
Union Pacific Corp. | 2.750% | 4/15/23 | 4,500 | 4,517 |
Union Pacific Corp. | 3.646% | 2/15/24 | 3,543 | 3,725 |
Union Pacific Corp. | 3.250% | 1/15/25 | 4,200 | 4,292 |
Union Pacific Corp. | 3.250% | 8/15/25 | 4,200 | 4,313 |
Union Pacific Corp. | 2.750% | 3/1/26 | 3,350 | 3,310 |
Union Pacific Corp. | 3.000% | 4/15/27 | 6,910 | 6,941 |
Union Pacific Corp. | 3.375% | 2/1/35 | 5,000 | 5,020 |
Union Pacific Corp. | 3.600% | 9/15/37 | 1,500 | 1,551 |
Union Pacific Corp. | 4.250% | 4/15/43 | 100 | 109 |
Union Pacific Corp. | 4.821% | 2/1/44 | 500 | 594 |
Union Pacific Corp. | 4.150% | 1/15/45 | 350 | 379 |
Union Pacific Corp. | 4.050% | 11/15/45 | 7,400 | 7,965 |
Union Pacific Corp. | 4.050% | 3/1/46 | 2,000 | 2,150 |
Union Pacific Corp. | 3.350% | 8/15/46 | 3,050 | 2,955 |
Union Pacific Corp. | 4.000% | 4/15/47 | 3,850 | 4,206 |
Union Pacific Corp. | 3.799% | 10/1/51 | 14,424 | 14,577 |
Union Pacific Corp. | 3.875% | 2/1/55 | 5,495 | 5,551 |
Union Pacific Corp. | 4.375% | 11/15/65 | 10,660 | 11,671 |
Union Pacific Corp. | 4.100% | 9/15/67 | 6,045 | 6,249 |
5 Union Pacific Railroad Co. 2007-3 Pass | ||||
Through Trust | 6.176% | 1/2/31 | 315 | 364 |
5 United Airlines 2014-2 Class A Pass | ||||
Through Trust | 3.750% | 3/3/28 | 2,302 | 2,360 |
5 United Airlines 2015-1 Class A Pass | ||||
Through Trust | 3.700% | 6/1/24 | 1,750 | 1,791 |
5 United Airlines 2015-1 Class AA Pass | ||||
Through Trust | 3.450% | 12/1/27 | 5,634 | 5,723 |
5 United Airlines 2016-1 Class A Pass | ||||
Through Trust | 3.450% | 1/7/30 | 3,500 | 3,524 |
5 United Airlines 2016-1 Class AA Pass | ||||
Through Trust | 3.100% | 7/7/28 | 23,625 | 23,436 |
5 United Airlines 2016-2 Class A Pass | ||||
Through Trust | 3.100% | 10/7/28 | 1,275 | 1,248 |
5 United Airlines 2016-2 Class AA Pass | ||||
Through Trust | 2.875% | 10/7/28 | 4,500 | 4,412 |
5 United Airlines 2013-1 Class A Pass | ||||
Through Trust | 4.300% | 2/15/27 | 3,090 | 3,248 |
5 United Airlines 2014-1 Class A Pass | ||||
Through Trust | 4.000% | 10/11/27 | 4,839 | 5,034 |
United Parcel Service Inc. | 5.125% | 4/1/19 | 5,075 | 5,254 |
United Parcel Service Inc. | 3.125% | 1/15/21 | 7,350 | 7,539 |
United Parcel Service Inc. | 2.050% | 4/1/21 | 14,850 | 14,751 |
United Parcel Service Inc. | 2.350% | 5/16/22 | 6,000 | 5,969 |
United Parcel Service Inc. | 2.450% | 10/1/22 | 14,776 | 14,720 |
United Parcel Service Inc. | 2.500% | 4/1/23 | 13,900 | 13,797 |
United Parcel Service Inc. | 2.800% | 11/15/24 | 8,900 | 8,835 |
United Parcel Service Inc. | 2.400% | 11/15/26 | 10,550 | 10,096 |
132
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
United Parcel Service Inc. | 3.050% | 11/15/27 | 14,900 | 14,894 | |
United Parcel Service Inc. | 6.200% | 1/15/38 | 9,600 | 13,102 | |
United Parcel Service Inc. | 4.875% | 11/15/40 | 3,625 | 4,339 | |
United Parcel Service Inc. | 3.625% | 10/1/42 | 2,400 | 2,412 | |
United Parcel Service Inc. | 3.400% | 11/15/46 | 2,025 | 1,966 | |
United Parcel Service Inc. | 3.750% | 11/15/47 | 12,500 | 12,898 | |
United Parcel Service of America Inc. | 8.375% | 4/1/30 | 500 | 704 | |
25,093,286 | |||||
Utilities (1.9%) | |||||
Electric (1.8%) | |||||
10 | AEP Texas Inc. | 2.400% | 10/1/22 | 2,700 | 2,651 |
10 | AEP Texas Inc. | 3.800% | 10/1/47 | 3,000 | 3,090 |
AEP Transmission Co. LLC | 4.000% | 12/1/46 | 1,740 | 1,857 | |
10 | AEP Transmission Co. LLC | 3.750% | 12/1/47 | 7,080 | 7,242 |
Alabama Power Co. | 2.450% | 3/30/22 | 6,500 | 6,457 | |
Alabama Power Co. | 3.550% | 12/1/23 | 8,800 | 9,126 | |
Alabama Power Co. | 6.125% | 5/15/38 | 900 | 1,187 | |
Alabama Power Co. | 6.000% | 3/1/39 | 2,250 | 2,952 | |
Alabama Power Co. | 3.850% | 12/1/42 | 1,850 | 1,906 | |
Alabama Power Co. | 4.150% | 8/15/44 | 2,300 | 2,489 | |
Alabama Power Co. | 3.750% | 3/1/45 | 3,565 | 3,630 | |
Alabama Power Co. | 4.300% | 1/2/46 | 9,750 | 10,867 | |
Alabama Power Co. | 3.700% | 12/1/47 | 4,325 | 4,409 | |
Ameren Corp. | 2.700% | 11/15/20 | 2,500 | 2,502 | |
Ameren Corp. | 3.650% | 2/15/26 | 2,775 | 2,829 | |
Ameren Illinois Co. | 2.700% | 9/1/22 | 3,170 | 3,179 | |
Ameren Illinois Co. | 3.250% | 3/1/25 | 1,890 | 1,926 | |
Ameren Illinois Co. | 4.150% | 3/15/46 | 525 | 579 | |
Ameren Illinois Co. | 3.700% | 12/1/47 | 7,000 | 7,187 | |
American Electric Power Co. Inc. | 2.150% | 11/13/20 | 2,850 | 2,837 | |
American Electric Power Co. Inc. | 3.200% | 11/13/27 | 2,800 | 2,771 | |
Appalachian Power Co. | 4.600% | 3/30/21 | 13,850 | 14,668 | |
Appalachian Power Co. | 7.000% | 4/1/38 | 1,805 | 2,572 | |
Appalachian Power Co. | 4.400% | 5/15/44 | 4,000 | 4,416 | |
Appalachian Power Co. | 4.450% | 6/1/45 | 1,650 | 1,837 | |
Arizona Public Service Co. | 8.750% | 3/1/19 | 1,573 | 1,685 | |
Arizona Public Service Co. | 3.150% | 5/15/25 | 650 | 651 | |
Arizona Public Service Co. | 2.950% | 9/15/27 | 5,300 | 5,180 | |
Arizona Public Service Co. | 4.500% | 4/1/42 | 4,775 | 5,371 | |
Arizona Public Service Co. | 4.350% | 11/15/45 | 1,400 | 1,569 | |
Arizona Public Service Co. | 3.750% | 5/15/46 | 7,000 | 7,143 | |
Avangrid Inc. | 3.150% | 12/1/24 | 5,470 | 5,440 | |
Baltimore Gas & Electric Co. | 3.500% | 11/15/21 | 4,825 | 4,983 | |
Baltimore Gas & Electric Co. | 3.350% | 7/1/23 | 3,225 | 3,288 | |
Baltimore Gas & Electric Co. | 2.400% | 8/15/26 | 8,500 | 8,013 | |
Baltimore Gas & Electric Co. | 3.500% | 8/15/46 | 10,395 | 10,185 | |
Baltimore Gas & Electric Co. | 3.750% | 8/15/47 | 2,300 | 2,357 | |
Berkshire Hathaway Energy Co. | 3.750% | 11/15/23 | 5,925 | 6,183 | |
Berkshire Hathaway Energy Co. | 3.500% | 2/1/25 | 7,875 | 8,122 | |
Berkshire Hathaway Energy Co. | 6.125% | 4/1/36 | 12,875 | 17,270 | |
Berkshire Hathaway Energy Co. | 5.950% | 5/15/37 | 5,467 | 7,189 | |
Berkshire Hathaway Energy Co. | 6.500% | 9/15/37 | 7,055 | 9,894 | |
Berkshire Hathaway Energy Co. | 5.150% | 11/15/43 | 7,050 | 8,469 | |
Berkshire Hathaway Energy Co. | 4.500% | 2/1/45 | 5,675 | 6,360 |
133
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Black Hills Corp. | 3.950% | 1/15/26 | 1,300 | 1,342 |
Black Hills Corp. | 3.150% | 1/15/27 | 2,875 | 2,805 |
Black Hills Corp. | 4.200% | 9/15/46 | 3,625 | 3,733 |
CenterPoint Energy Houston Electric LLC | 1.850% | 6/1/21 | 5,800 | 5,680 |
CenterPoint Energy Houston Electric LLC | 2.250% | 8/1/22 | 700 | 687 |
CenterPoint Energy Houston Electric LLC | 2.400% | 9/1/26 | 8,800 | 8,332 |
CenterPoint Energy Houston Electric LLC | 3.000% | 2/1/27 | 2,000 | 1,976 |
CenterPoint Energy Houston Electric LLC | 3.550% | 8/1/42 | 4,950 | 4,955 |
CenterPoint Energy Houston Electric LLC | 4.500% | 4/1/44 | 325 | 378 |
CenterPoint Energy Inc. | 2.500% | 9/1/22 | 8,525 | 8,379 |
Cleco Corporate Holdings LLC | 3.743% | 5/1/26 | 9,550 | 9,589 |
Cleco Corporate Holdings LLC | 4.973% | 5/1/46 | 4,425 | 4,876 |
Cleveland Electric Illuminating Co. | 5.500% | 8/15/24 | 1,250 | 1,422 |
Cleveland Electric Illuminating Co. | 5.950% | 12/15/36 | 2,375 | 2,956 |
CMS Energy Corp. | 8.750% | 6/15/19 | 1,873 | 2,034 |
CMS Energy Corp. | 6.250% | 2/1/20 | 2,900 | 3,117 |
CMS Energy Corp. | 3.000% | 5/15/26 | 2,650 | 2,616 |
CMS Energy Corp. | 3.450% | 8/15/27 | 2,850 | 2,874 |
CMS Energy Corp. | 4.875% | 3/1/44 | 4,995 | 5,831 |
Commonwealth Edison Co. | 2.150% | 1/15/19 | 1,750 | 1,746 |
Commonwealth Edison Co. | 4.000% | 8/1/20 | 5,200 | 5,399 |
Commonwealth Edison Co. | 3.400% | 9/1/21 | 2,000 | 2,056 |
Commonwealth Edison Co. | 2.550% | 6/15/26 | 2,625 | 2,538 |
Commonwealth Edison Co. | 2.950% | 8/15/27 | 3,000 | 2,964 |
Commonwealth Edison Co. | 5.900% | 3/15/36 | 3,330 | 4,333 |
Commonwealth Edison Co. | 6.450% | 1/15/38 | 3,020 | 4,165 |
Commonwealth Edison Co. | 3.800% | 10/1/42 | 4,450 | 4,585 |
Commonwealth Edison Co. | 4.600% | 8/15/43 | 1,950 | 2,248 |
Commonwealth Edison Co. | 3.700% | 3/1/45 | 4,650 | 4,727 |
Commonwealth Edison Co. | 4.350% | 11/15/45 | 5,425 | 6,082 |
Commonwealth Edison Co. | 3.650% | 6/15/46 | 8,325 | 8,423 |
Commonwealth Edison Co. | 3.750% | 8/15/47 | 4,800 | 4,981 |
Connecticut Light & Power Co. | 2.500% | 1/15/23 | 2,775 | 2,748 |
Connecticut Light & Power Co. | 3.200% | 3/15/27 | 2,500 | 2,529 |
Connecticut Light & Power Co. | 4.300% | 4/15/44 | 4,800 | 5,382 |
Connecticut Light & Power Co. | 4.150% | 6/1/45 | 2,650 | 2,920 |
Consolidated Edison Co. of New York Inc. | 6.650% | 4/1/19 | 4,850 | 5,110 |
Consolidated Edison Co. of New York Inc. | 4.450% | 6/15/20 | 6,675 | 7,002 |
Consolidated Edison Co. of New York Inc. | 3.125% | 11/15/27 | 4,450 | 4,476 |
Consolidated Edison Co. of New York Inc. | 5.300% | 3/1/35 | 800 | 964 |
Consolidated Edison Co. of New York Inc. | 5.850% | 3/15/36 | 8,565 | 10,917 |
Consolidated Edison Co. of New York Inc. | 6.200% | 6/15/36 | 1,628 | 2,165 |
Consolidated Edison Co. of New York Inc. | 6.750% | 4/1/38 | 500 | 723 |
Consolidated Edison Co. of New York Inc. | 5.700% | 6/15/40 | 5,460 | 7,141 |
Consolidated Edison Co. of New York Inc. | 4.200% | 3/15/42 | 118 | 128 |
Consolidated Edison Co. of New York Inc. | 3.950% | 3/1/43 | 5,523 | 5,809 |
Consolidated Edison Co. of New York Inc. | 4.450% | 3/15/44 | 15,045 | 17,136 |
Consolidated Edison Co. of New York Inc. | 4.500% | 12/1/45 | 1,875 | 2,155 |
Consolidated Edison Co. of New York Inc. | 3.850% | 6/15/46 | 4,050 | 4,212 |
Consolidated Edison Co. of New York Inc. | 3.875% | 6/15/47 | 10,000 | 10,452 |
Consolidated Edison Co. of New York Inc. | 4.300% | 12/1/56 | 7,280 | 7,995 |
Consolidated Edison Co. of New York Inc. | 4.000% | 11/15/57 | 2,750 | 2,849 |
Consolidated Edison Inc. | 2.000% | 3/15/20 | 3,475 | 3,442 |
Consolidated Edison Inc. | 2.000% | 5/15/21 | 2,700 | 2,657 |
134
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Constellation Energy Group Inc. | 5.150% | 12/1/20 | 4,255 | 4,530 |
Consumers Energy Co. | 6.125% | 3/15/19 | 50 | 52 |
Consumers Energy Co. | 6.700% | 9/15/19 | 8,060 | 8,625 |
Consumers Energy Co. | 5.650% | 4/15/20 | 1,375 | 1,481 |
Consumers Energy Co. | 2.850% | 5/15/22 | 3,516 | 3,548 |
Consumers Energy Co. | 3.375% | 8/15/23 | 875 | 901 |
Consumers Energy Co. | 3.950% | 5/15/43 | 3,950 | 4,176 |
Consumers Energy Co. | 3.250% | 8/15/46 | 3,350 | 3,191 |
Consumers Energy Co. | 3.950% | 7/15/47 | 2,725 | 2,937 |
Delmarva Power & Light Co. | 3.500% | 11/15/23 | 2,175 | 2,244 |
Delmarva Power & Light Co. | 4.150% | 5/15/45 | 5,000 | 5,491 |
Dominion Energy Inc. | 1.875% | 1/15/19 | 4,500 | 4,487 |
Dominion Energy Inc. | 2.500% | 12/1/19 | 2,900 | 2,907 |
Dominion Energy Inc. | 2.579% | 7/1/20 | 4,800 | 4,798 |
Dominion Energy Inc. | 4.450% | 3/15/21 | 6,083 | 6,420 |
Dominion Energy Inc. | 2.000% | 8/15/21 | 4,900 | 4,790 |
Dominion Energy Inc. | 2.750% | 1/15/22 | 3,825 | 3,827 |
Dominion Energy Inc. | 2.750% | 9/15/22 | 450 | 445 |
Dominion Energy Inc. | 3.625% | 12/1/24 | 5,300 | 5,467 |
Dominion Energy Inc. | 3.900% | 10/1/25 | 3,550 | 3,703 |
Dominion Energy Inc. | 2.850% | 8/15/26 | 4,875 | 4,699 |
Dominion Energy Inc. | 6.300% | 3/15/33 | 150 | 192 |
Dominion Energy Inc. | 5.950% | 6/15/35 | 6,025 | 7,619 |
Dominion Energy Inc. | 4.900% | 8/1/41 | 4,500 | 5,187 |
Dominion Energy Inc. | 4.050% | 9/15/42 | 6,747 | 6,924 |
Dominion Energy Inc. | 4.700% | 12/1/44 | 4,875 | 5,536 |
5 Dominion Energy Inc. | 5.750% | 10/1/54 | 575 | 622 |
DTE Electric Co. | 3.450% | 10/1/20 | 6,755 | 6,946 |
DTE Electric Co. | 3.650% | 3/15/24 | 2,360 | 2,477 |
DTE Electric Co. | 3.375% | 3/1/25 | 150 | 154 |
DTE Electric Co. | 4.000% | 4/1/43 | 1,971 | 2,113 |
DTE Electric Co. | 3.700% | 3/15/45 | 1,300 | 1,340 |
DTE Electric Co. | 3.700% | 6/1/46 | 6,200 | 6,361 |
DTE Electric Co. | 3.750% | 8/15/47 | 5,650 | 5,862 |
DTE Energy Co. | 1.500% | 10/1/19 | 3,200 | 3,150 |
DTE Energy Co. | 2.400% | 12/1/19 | 2,250 | 2,249 |
DTE Energy Co. | 3.300% | 6/15/22 | 2,225 | 2,261 |
DTE Energy Co. | 3.500% | 6/1/24 | 10,150 | 10,376 |
DTE Energy Co. | 2.850% | 10/1/26 | 22,150 | 21,243 |
DTE Energy Co. | 3.800% | 3/15/27 | 3,500 | 3,608 |
Duke Energy Carolinas LLC | 4.300% | 6/15/20 | 2,275 | 2,382 |
Duke Energy Carolinas LLC | 3.900% | 6/15/21 | 8,868 | 9,268 |
Duke Energy Carolinas LLC | 2.950% | 12/1/26 | 8,200 | 8,146 |
Duke Energy Carolinas LLC | 6.000% | 12/1/28 | 3,694 | 4,558 |
Duke Energy Carolinas LLC | 6.450% | 10/15/32 | 6,575 | 8,740 |
Duke Energy Carolinas LLC | 6.100% | 6/1/37 | 3,625 | 4,778 |
Duke Energy Carolinas LLC | 6.000% | 1/15/38 | 3,925 | 5,259 |
Duke Energy Carolinas LLC | 6.050% | 4/15/38 | 525 | 707 |
Duke Energy Carolinas LLC | 5.300% | 2/15/40 | 5,040 | 6,326 |
Duke Energy Carolinas LLC | 4.250% | 12/15/41 | 6,875 | 7,584 |
Duke Energy Carolinas LLC | 4.000% | 9/30/42 | 3,725 | 3,971 |
Duke Energy Carolinas LLC | 3.750% | 6/1/45 | 2,050 | 2,113 |
Duke Energy Carolinas LLC | 3.875% | 3/15/46 | 9,604 | 10,115 |
Duke Energy Carolinas LLC | 3.700% | 12/1/47 | 4,550 | 4,680 |
135
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Duke Energy Corp. | 5.050% | 9/15/19 | 2,225 | 2,320 |
Duke Energy Corp. | 2.400% | 8/15/22 | 11,110 | 10,907 |
Duke Energy Corp. | 3.050% | 8/15/22 | 4,990 | 5,043 |
Duke Energy Corp. | 3.950% | 10/15/23 | 1,850 | 1,939 |
Duke Energy Corp. | 3.750% | 4/15/24 | 7,025 | 7,302 |
Duke Energy Corp. | 2.650% | 9/1/26 | 3,080 | 2,945 |
Duke Energy Corp. | 3.150% | 8/15/27 | 8,850 | 8,774 |
Duke Energy Corp. | 4.800% | 12/15/45 | 4,366 | 5,077 |
Duke Energy Corp. | 3.750% | 9/1/46 | 8,867 | 8,769 |
Duke Energy Corp. | 3.950% | 8/15/47 | 7,775 | 7,976 |
5 Duke Energy Florida LLC | 2.100% | 12/15/19 | 3,200 | 3,193 |
Duke Energy Florida LLC | 3.200% | 1/15/27 | 9,225 | 9,323 |
Duke Energy Florida LLC | 6.350% | 9/15/37 | 775 | 1,076 |
Duke Energy Florida LLC | 6.400% | 6/15/38 | 4,975 | 7,003 |
Duke Energy Florida LLC | 5.650% | 4/1/40 | 4,200 | 5,461 |
Duke Energy Florida LLC | 3.400% | 10/1/46 | 5,150 | 4,990 |
5 Duke Energy Florida Project Finance LLC | 1.196% | 3/1/22 | 1,183 | 1,173 |
5 Duke Energy Florida Project Finance LLC | 1.731% | 9/1/22 | 1,800 | 1,749 |
5 Duke Energy Florida Project Finance LLC | 2.538% | 9/1/29 | 3,025 | 2,921 |
5 Duke Energy Florida Project Finance LLC | 2.858% | 3/1/33 | 1,500 | 1,395 |
5 Duke Energy Florida Project Finance LLC | 3.112% | 9/1/36 | 2,575 | 2,460 |
Duke Energy Indiana LLC | 3.750% | 7/15/20 | 2,100 | 2,170 |
Duke Energy Indiana LLC | 6.120% | 10/15/35 | 2,590 | 3,384 |
Duke Energy Indiana LLC | 6.350% | 8/15/38 | 3,575 | 4,937 |
Duke Energy Indiana LLC | 4.900% | 7/15/43 | 2,450 | 2,936 |
Duke Energy Indiana LLC | 3.750% | 5/15/46 | 14,700 | 15,106 |
Duke Energy Ohio Inc. | 3.700% | 6/15/46 | 3,275 | 3,348 |
Duke Energy Progress Llc | 5.300% | 1/15/19 | 5,225 | 5,394 |
Duke Energy Progress Llc | 3.000% | 9/15/21 | 5,756 | 5,866 |
Duke Energy Progress Llc | 2.800% | 5/15/22 | 10,745 | 10,831 |
Duke Energy Progress LLC | 3.250% | 8/15/25 | 3,050 | 3,107 |
Duke Energy Progress LLC | 6.300% | 4/1/38 | 3,025 | 4,168 |
Duke Energy Progress LLC | 4.100% | 5/15/42 | 3,875 | 4,178 |
Duke Energy Progress LLC | 4.100% | 3/15/43 | 2,000 | 2,160 |
Duke Energy Progress LLC | 4.375% | 3/30/44 | 10,150 | 11,434 |
Duke Energy Progress LLC | 4.150% | 12/1/44 | 3,800 | 4,163 |
Duke Energy Progress LLC | 3.700% | 10/15/46 | 3,500 | 3,585 |
Duke Energy Progress LLC | 3.600% | 9/15/47 | 350 | 352 |
Edison International | 2.125% | 4/15/20 | 4,000 | 3,963 |
Edison International | 2.400% | 9/15/22 | 1,500 | 1,456 |
Edison International | 2.950% | 3/15/23 | 7,600 | 7,547 |
El Paso Electric Co. | 6.000% | 5/15/35 | 800 | 953 |
El Paso Electric Co. | 5.000% | 12/1/44 | 2,950 | 3,177 |
Emera US Finance LP | 2.150% | 6/15/19 | 1,250 | 1,243 |
Emera US Finance LP | 2.700% | 6/15/21 | 2,500 | 2,486 |
Emera US Finance LP | 3.550% | 6/15/26 | 5,500 | 5,506 |
Emera US Finance LP | 4.750% | 6/15/46 | 17,050 | 18,707 |
Enel Americas SA | 4.000% | 10/25/26 | 1,100 | 1,118 |
Entergy Arkansas Inc. | 3.750% | 2/15/21 | 3,350 | 3,468 |
Entergy Arkansas Inc. | 3.500% | 4/1/26 | 3,950 | 4,066 |
Entergy Corp. | 4.000% | 7/15/22 | 5,250 | 5,483 |
Entergy Corp. | 2.950% | 9/1/26 | 5,800 | 5,621 |
Entergy Gulf States Louisiana LLC | 3.950% | 10/1/20 | 8,450 | 8,773 |
Entergy Gulf States Louisiana LLC | 5.590% | 10/1/24 | 1,000 | 1,151 |
136
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Entergy Louisiana LLC | 4.050% | 9/1/23 | 5,650 | 5,985 |
Entergy Louisiana LLC | 5.400% | 11/1/24 | 3,077 | 3,504 |
Entergy Louisiana LLC | 2.400% | 10/1/26 | 5,500 | 5,173 |
Entergy Louisiana LLC | 3.120% | 9/1/27 | 4,500 | 4,487 |
Entergy Louisiana LLC | 3.250% | 4/1/28 | 4,700 | 4,706 |
Entergy Louisiana LLC | 3.050% | 6/1/31 | 12,730 | 12,300 |
Entergy Louisiana LLC | 4.950% | 1/15/45 | 5,175 | 5,395 |
Entergy Mississippi Inc. | 2.850% | 6/1/28 | 8,200 | 7,923 |
Entergy Texas Inc. | 7.125% | 2/1/19 | 3,000 | 3,146 |
Eversource Energy | 4.500% | 11/15/19 | 10,332 | 10,710 |
Eversource Energy | 2.750% | 3/15/22 | 3,425 | 3,418 |
Eversource Energy | 2.900% | 10/1/24 | 2,800 | 2,774 |
Exelon Corp. | 2.850% | 6/15/20 | 1,625 | 1,638 |
Exelon Corp. | 2.450% | 4/15/21 | 1,000 | 993 |
Exelon Corp. | 3.497% | 6/1/22 | 3,000 | 3,047 |
Exelon Corp. | 3.950% | 6/15/25 | 11,425 | 11,885 |
Exelon Corp. | 3.400% | 4/15/26 | 7,025 | 7,038 |
Exelon Corp. | 4.950% | 6/15/35 | 5,400 | 6,177 |
Exelon Corp. | 5.625% | 6/15/35 | 3,250 | 3,967 |
Exelon Corp. | 5.100% | 6/15/45 | 4,850 | 5,722 |
Exelon Corp. | 4.450% | 4/15/46 | 6,975 | 7,573 |
Exelon Generation Co. LLC | 2.950% | 1/15/20 | 4,775 | 4,823 |
Exelon Generation Co. LLC | 4.000% | 10/1/20 | 4,300 | 4,431 |
Exelon Generation Co. LLC | 3.400% | 3/15/22 | 6,400 | 6,517 |
Exelon Generation Co. LLC | 4.250% | 6/15/22 | 4,100 | 4,301 |
Exelon Generation Co. LLC | 6.250% | 10/1/39 | 3,000 | 3,492 |
Exelon Generation Co. LLC | 5.750% | 10/1/41 | 5,175 | 5,670 |
Exelon Generation Co. LLC | 5.600% | 6/15/42 | 8,023 | 8,777 |
FirstEnergy Corp. | 2.850% | 7/15/22 | 5,000 | 4,940 |
FirstEnergy Corp. | 4.250% | 3/15/23 | 4,200 | 4,386 |
FirstEnergy Corp. | 3.900% | 7/15/27 | 10,950 | 11,200 |
FirstEnergy Corp. | 7.375% | 11/15/31 | 12,972 | 17,407 |
FirstEnergy Corp. | 4.850% | 7/15/47 | 7,750 | 8,593 |
Florida Power & Light Co. | 2.750% | 6/1/23 | 2,400 | 2,392 |
Florida Power & Light Co. | 3.250% | 6/1/24 | 2,800 | 2,878 |
Florida Power & Light Co. | 5.625% | 4/1/34 | 1,450 | 1,824 |
Florida Power & Light Co. | 5.650% | 2/1/37 | 879 | 1,133 |
Florida Power & Light Co. | 5.950% | 2/1/38 | 3,250 | 4,361 |
Florida Power & Light Co. | 5.960% | 4/1/39 | 9,900 | 13,503 |
Florida Power & Light Co. | 5.250% | 2/1/41 | 975 | 1,230 |
Florida Power & Light Co. | 4.125% | 2/1/42 | 11,725 | 12,923 |
Florida Power & Light Co. | 4.050% | 6/1/42 | 4,600 | 5,018 |
Florida Power & Light Co. | 3.800% | 12/15/42 | 5,335 | 5,560 |
Florida Power & Light Co. | 4.050% | 10/1/44 | 2,873 | 3,144 |
Florida Power & Light Co. | 3.700% | 12/1/47 | 5,625 | 5,860 |
Fortis Inc. | 2.100% | 10/4/21 | 3,900 | 3,804 |
Fortis Inc. | 3.055% | 10/4/26 | 27,850 | 26,875 |
Georgia Power Co. | 2.000% | 3/30/20 | 3,150 | 3,129 |
Georgia Power Co. | 2.000% | 9/8/20 | 13,000 | 12,923 |
Georgia Power Co. | 2.400% | 4/1/21 | 2,200 | 2,194 |
Georgia Power Co. | 2.850% | 5/15/22 | 1,900 | 1,908 |
Georgia Power Co. | 3.250% | 4/1/26 | 8,100 | 8,109 |
Georgia Power Co. | 3.250% | 3/30/27 | 3,500 | 3,504 |
Georgia Power Co. | 5.650% | 3/1/37 | 200 | 238 |
137
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Georgia Power Co. | 5.950% | 2/1/39 | 1,400 | 1,776 | |
Georgia Power Co. | 4.750% | 9/1/40 | 4,525 | 5,018 | |
Georgia Power Co. | 4.300% | 3/15/42 | 9,340 | 10,022 | |
Georgia Power Co. | 4.300% | 3/15/43 | 3,810 | 4,057 | |
Gulf Power Co. | 3.300% | 5/30/27 | 2,250 | 2,264 | |
Iberdrola International BV | 6.750% | 7/15/36 | 3,735 | 4,894 | |
Indiana Michigan Power Co. | 7.000% | 3/15/19 | 2,012 | 2,121 | |
Indiana Michigan Power Co. | 6.050% | 3/15/37 | 2,850 | 3,684 | |
Indiana Michigan Power Co. | 4.550% | 3/15/46 | 1,250 | 1,429 | |
Indiana Michigan Power Co. | 3.750% | 7/1/47 | 4,700 | 4,773 | |
Interstate Power & Light Co. | 3.250% | 12/1/24 | 4,000 | 4,051 | |
Interstate Power & Light Co. | 6.250% | 7/15/39 | 2,450 | 3,286 | |
Interstate Power & Light Co. | 3.700% | 9/15/46 | 2,925 | 2,923 | |
10 | ITC Holdings Corp. | 2.700% | 11/15/22 | 3,445 | 3,433 |
ITC Holdings Corp. | 3.650% | 6/15/24 | 2,489 | 2,550 | |
10 | ITC Holdings Corp. | 3.350% | 11/15/27 | 4,000 | 4,002 |
ITC Holdings Corp. | 5.300% | 7/1/43 | 3,200 | 3,865 | |
5 | John Sevier Combined Cycle Generation LLC | 4.626% | 1/15/42 | 2,876 | 3,184 |
Kansas City Power & Light Co. | 3.150% | 3/15/23 | 850 | 856 | |
Kansas City Power & Light Co. | 6.050% | 11/15/35 | 125 | 157 | |
Kansas City Power & Light Co. | 5.300% | 10/1/41 | 4,795 | 5,766 | |
Kansas City Power & Light Co. | 4.200% | 6/15/47 | 5,500 | 5,823 | |
Kentucky Utilities Co. | 3.250% | 11/1/20 | 4,895 | 4,997 | |
Kentucky Utilities Co. | 5.125% | 11/1/40 | 3,375 | 4,163 | |
LG&E & KU Energy LLC | 3.750% | 11/15/20 | 1,600 | 1,651 | |
LG&E & KU Energy LLC | 4.375% | 10/1/21 | 5,190 | 5,487 | |
Louisville Gas & Electric Co. | 3.300% | 10/1/25 | 2,400 | 2,457 | |
MidAmerican Energy Co. | 3.500% | 10/15/24 | 10,000 | 10,414 | |
MidAmerican Energy Co. | 3.100% | 5/1/27 | 3,050 | 3,064 | |
MidAmerican Energy Co. | 6.750% | 12/30/31 | 3,800 | 5,135 | |
MidAmerican Energy Co. | 5.750% | 11/1/35 | 1,575 | 2,000 | |
MidAmerican Energy Co. | 5.800% | 10/15/36 | 1,450 | 1,866 | |
MidAmerican Energy Co. | 4.800% | 9/15/43 | 1,885 | 2,257 | |
MidAmerican Energy Co. | 4.400% | 10/15/44 | 3,800 | 4,310 | |
MidAmerican Energy Co. | 4.250% | 5/1/46 | 3,505 | 3,925 | |
MidAmerican Energy Co. | 3.950% | 8/1/47 | 4,500 | 4,799 | |
Mississippi Power Co. | 4.250% | 3/15/42 | 4,300 | 4,196 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 2.150% | 2/1/19 | 3,000 | 3,003 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 1.650% | 2/8/19 | 2,500 | 2,490 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 1.500% | 11/1/19 | 432 | 426 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 2.300% | 11/15/19 | 4,250 | 4,261 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 2.000% | 1/27/20 | 3,075 | 3,061 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 2.350% | 6/15/20 | 8,975 | 8,967 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 2.300% | 11/1/20 | 4,004 | 4,001 | |
National Rural Utilities Cooperative Finance | |||||
Corp. | 3.050% | 2/15/22 | 6,510 | 6,627 |
138
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
National Rural Utilities Cooperative Finance | ||||
Corp. | 2.400% | 4/25/22 | 3,500 | 3,485 |
National Rural Utilities Cooperative Finance | ||||
Corp. | 2.700% | 2/15/23 | 2,700 | 2,696 |
National Rural Utilities Cooperative Finance | ||||
Corp. | 2.950% | 2/7/24 | 6,200 | 6,234 |
National Rural Utilities Cooperative Finance | ||||
Corp. | 2.850% | 1/27/25 | 4,500 | 4,470 |
National Rural Utilities Cooperative Finance | ||||
Corp. | 3.050% | 4/25/27 | 2,150 | 2,141 |
National Rural Utilities Cooperative Finance | ||||
Corp. | 8.000% | 3/1/32 | 1,363 | 1,998 |
National Rural Utilities Cooperative Finance | ||||
Corp. | 4.023% | 11/1/32 | 7,378 | 7,791 |
5 National Rural Utilities Cooperative Finance | ||||
Corp. | 4.750% | 4/30/43 | 50 | 52 |
5 National Rural Utilities Cooperative Finance | ||||
Corp. | 5.250% | 4/20/46 | 2,900 | 3,077 |
Nevada Power Co. | 7.125% | 3/15/19 | 550 | 581 |
Nevada Power Co. | 6.650% | 4/1/36 | 965 | 1,329 |
Nevada Power Co. | 6.750% | 7/1/37 | 1,475 | 2,074 |
NextEra Energy Capital Holdings Inc. | 2.300% | 4/1/19 | 9,175 | 9,167 |
NextEra Energy Capital Holdings Inc. | 2.400% | 9/15/19 | 6,500 | 6,504 |
NextEra Energy Capital Holdings Inc. | 2.700% | 9/15/19 | 950 | 957 |
NextEra Energy Capital Holdings Inc. | 4.500% | 6/1/21 | 910 | 959 |
NextEra Energy Capital Holdings Inc. | 2.800% | 1/15/23 | 4,000 | 3,997 |
NextEra Energy Capital Holdings Inc. | 3.550% | 5/1/27 | 10,000 | 10,179 |
5 NextEra Energy Capital Holdings Inc. | 4.800% | 12/1/77 | 5,165 | 5,178 |
Northern States Power Co. | 2.200% | 8/15/20 | 1,700 | 1,697 |
Northern States Power Co. | 2.600% | 5/15/23 | 1,280 | 1,270 |
Northern States Power Co. | 6.250% | 6/1/36 | 840 | 1,140 |
Northern States Power Co. | 6.200% | 7/1/37 | 1,795 | 2,434 |
Northern States Power Co. | 5.350% | 11/1/39 | 3,245 | 4,079 |
Northern States Power Co. | 3.400% | 8/15/42 | 2,645 | 2,604 |
Northern States Power Co. | 4.125% | 5/15/44 | 5,850 | 6,429 |
Northern States Power Co. | 4.000% | 8/15/45 | 1,200 | 1,298 |
Northern States Power Co. | 3.600% | 5/15/46 | 3,075 | 3,122 |
NorthWestern Corp. | 4.176% | 11/15/44 | 2,400 | 2,600 |
NSTAR Electric Co. | 2.375% | 10/15/22 | 5,475 | 5,407 |
NSTAR Electric Co. | 3.200% | 5/15/27 | 6,000 | 6,071 |
NSTAR Electric Co. | 5.500% | 3/15/40 | 3,655 | 4,649 |
NV Energy Inc. | 6.250% | 11/15/20 | 9,260 | 10,145 |
Oglethorpe Power Corp. | 5.950% | 11/1/39 | 500 | 633 |
Oglethorpe Power Corp. | 5.375% | 11/1/40 | 8,195 | 9,621 |
Oglethorpe Power Corp. | 5.250% | 9/1/50 | 2,330 | 2,665 |
Ohio Edison Co. | 6.875% | 7/15/36 | 3,900 | 5,299 |
Ohio Power Co. | 5.375% | 10/1/21 | 5,925 | 6,518 |
Oklahoma Gas & Electric Co. | 4.150% | 4/1/47 | 2,140 | 2,306 |
Oklahoma Gas & Electric Co. | 3.850% | 8/15/47 | 9,025 | 9,360 |
Oncor Electric Delivery Co. LLC | 2.150% | 6/1/19 | 2,125 | 2,118 |
Oncor Electric Delivery Co. LLC | 4.100% | 6/1/22 | 3,615 | 3,806 |
Oncor Electric Delivery Co. LLC | 2.950% | 4/1/25 | 2,975 | 2,964 |
Oncor Electric Delivery Co. LLC | 7.000% | 5/1/32 | 6,420 | 8,790 |
Oncor Electric Delivery Co. LLC | 7.250% | 1/15/33 | 150 | 212 |
139
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Oncor Electric Delivery Co. LLC | 7.500% | 9/1/38 | 2,800 | 4,245 | |
Oncor Electric Delivery Co. LLC | 5.250% | 9/30/40 | 3,500 | 4,333 | |
Oncor Electric Delivery Co. LLC | 4.550% | 12/1/41 | 7,590 | 8,734 | |
Oncor Electric Delivery Co. LLC | 5.300% | 6/1/42 | 3,825 | 4,793 | |
Oncor Electric Delivery Co. LLC | 3.750% | 4/1/45 | 5,493 | 5,699 | |
10 | Oncor Electric Delivery Co. LLC | 3.800% | 9/30/47 | 2,500 | 2,598 |
Pacific Gas & Electric Co. | 3.500% | 10/1/20 | 5,790 | 5,938 | |
Pacific Gas & Electric Co. | 4.250% | 5/15/21 | 4,400 | 4,620 | |
Pacific Gas & Electric Co. | 2.450% | 8/15/22 | 6,967 | 6,804 | |
Pacific Gas & Electric Co. | 3.250% | 6/15/23 | 3,175 | 3,201 | |
Pacific Gas & Electric Co. | 3.850% | 11/15/23 | 1,200 | 1,246 | |
Pacific Gas & Electric Co. | 3.750% | 2/15/24 | 3,175 | 3,294 | |
Pacific Gas & Electric Co. | 3.400% | 8/15/24 | 3,225 | 3,268 | |
Pacific Gas & Electric Co. | 3.500% | 6/15/25 | 4,650 | 4,716 | |
Pacific Gas & Electric Co. | 2.950% | 3/1/26 | 1,000 | 972 | |
Pacific Gas & Electric Co. | 3.300% | 3/15/27 | 6,000 | 5,955 | |
10 | Pacific Gas & Electric Co. | 3.300% | 12/1/27 | 9,325 | 9,243 |
Pacific Gas & Electric Co. | 6.050% | 3/1/34 | 23,449 | 29,373 | |
Pacific Gas & Electric Co. | 5.800% | 3/1/37 | 10,084 | 12,615 | |
Pacific Gas & Electric Co. | 6.350% | 2/15/38 | 4,000 | 5,275 | |
Pacific Gas & Electric Co. | 6.250% | 3/1/39 | 973 | 1,283 | |
Pacific Gas & Electric Co. | 4.450% | 4/15/42 | 13,052 | 14,065 | |
Pacific Gas & Electric Co. | 4.600% | 6/15/43 | 3,776 | 4,123 | |
Pacific Gas & Electric Co. | 5.125% | 11/15/43 | 2,850 | 3,341 | |
Pacific Gas & Electric Co. | 4.750% | 2/15/44 | 3,080 | 3,430 | |
Pacific Gas & Electric Co. | 4.300% | 3/15/45 | 4,500 | 4,695 | |
Pacific Gas & Electric Co. | 4.250% | 3/15/46 | 6,200 | 6,529 | |
Pacific Gas & Electric Co. | 4.000% | 12/1/46 | 6,075 | 6,217 | |
10 | Pacific Gas & Electric Co. | 3.950% | 12/1/47 | 6,050 | 6,014 |
PacifiCorp | 5.500% | 1/15/19 | 4,000 | 4,137 | |
PacifiCorp | 2.950% | 2/1/22 | 5,875 | 5,967 | |
PacifiCorp | 3.600% | 4/1/24 | 4,350 | 4,547 | |
PacifiCorp | 7.700% | 11/15/31 | 985 | 1,426 | |
PacifiCorp | 5.250% | 6/15/35 | 2,875 | 3,501 | |
PacifiCorp | 6.100% | 8/1/36 | 2,750 | 3,656 | |
PacifiCorp | 5.750% | 4/1/37 | 10,850 | 13,973 | |
PacifiCorp | 6.250% | 10/15/37 | 1,100 | 1,505 | |
PacifiCorp | 6.350% | 7/15/38 | 1,350 | 1,865 | |
PacifiCorp | 6.000% | 1/15/39 | 100 | 134 | |
PacifiCorp | 4.100% | 2/1/42 | 4,200 | 4,548 | |
PECO Energy Co. | 2.375% | 9/15/22 | 6,354 | 6,287 | |
PECO Energy Co. | 5.950% | 10/1/36 | 3,900 | 5,177 | |
PECO Energy Co. | 4.150% | 10/1/44 | 1,890 | 2,066 | |
PG&E Corp. | 2.400% | 3/1/19 | 3,425 | 3,428 | |
Pinnacle West Capital Corp. | 2.250% | 11/30/20 | 3,000 | 2,984 | |
Potomac Electric Power Co. | 3.600% | 3/15/24 | 200 | 209 | |
Potomac Electric Power Co. | 6.500% | 11/15/37 | 4,043 | 5,623 | |
Potomac Electric Power Co. | 4.150% | 3/15/43 | 4,200 | 4,578 | |
PPL Capital Funding Inc. | 4.200% | 6/15/22 | 6,546 | 6,923 | |
PPL Capital Funding Inc. | 3.500% | 12/1/22 | 490 | 503 | |
PPL Capital Funding Inc. | 3.400% | 6/1/23 | 10,700 | 10,904 | |
PPL Capital Funding Inc. | 3.950% | 3/15/24 | 275 | 287 | |
PPL Capital Funding Inc. | 3.100% | 5/15/26 | 5,000 | 4,893 | |
PPL Capital Funding Inc. | 4.700% | 6/1/43 | 4,050 | 4,525 |
140
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
PPL Capital Funding Inc. | 5.000% | 3/15/44 | 2,000 | 2,339 |
PPL Capital Funding Inc. | 4.000% | 9/15/47 | 3,400 | 3,481 |
PPL Electric Utilities Corp. | 3.000% | 9/15/21 | 3,065 | 3,119 |
PPL Electric Utilities Corp. | 6.250% | 5/15/39 | 800 | 1,097 |
PPL Electric Utilities Corp. | 4.750% | 7/15/43 | 3,885 | 4,624 |
PPL Electric Utilities Corp. | 4.125% | 6/15/44 | 1,700 | 1,872 |
PPL Electric Utilities Corp. | 4.150% | 10/1/45 | 2,800 | 3,103 |
PPL Electric Utilities Corp. | 3.950% | 6/1/47 | 3,300 | 3,563 |
Progress Energy Inc. | 4.875% | 12/1/19 | 150 | 157 |
Progress Energy Inc. | 4.400% | 1/15/21 | 7,667 | 8,013 |
Progress Energy Inc. | 3.150% | 4/1/22 | 12,800 | 12,919 |
Progress Energy Inc. | 7.000% | 10/30/31 | 2,300 | 3,070 |
Progress Energy Inc. | 6.000% | 12/1/39 | 5,335 | 6,962 |
PSEG Power LLC | 5.125% | 4/15/20 | 415 | 437 |
PSEG Power LLC | 3.000% | 6/15/21 | 1,675 | 1,687 |
PSEG Power LLC | 8.625% | 4/15/31 | 2,725 | 3,583 |
Public Service Co. of Colorado | 5.125% | 6/1/19 | 3,725 | 3,861 |
Public Service Co. of Colorado | 3.200% | 11/15/20 | 6,025 | 6,143 |
Public Service Co. of Colorado | 6.500% | 8/1/38 | 25 | 35 |
Public Service Co. of Colorado | 3.600% | 9/15/42 | 800 | 809 |
Public Service Co. of Colorado | 4.300% | 3/15/44 | 4,575 | 5,104 |
Public Service Co. of Colorado | 3.800% | 6/15/47 | 6,000 | 6,280 |
Public Service Co. of New Hampshire | 3.500% | 11/1/23 | 875 | 902 |
Public Service Co. of Oklahoma | 5.150% | 12/1/19 | 650 | 682 |
Public Service Electric & Gas Co. | 1.900% | 3/15/21 | 6,575 | 6,467 |
Public Service Electric & Gas Co. | 2.375% | 5/15/23 | 3,100 | 3,046 |
Public Service Electric & Gas Co. | 3.000% | 5/15/25 | 1,170 | 1,169 |
Public Service Electric & Gas Co. | 2.250% | 9/15/26 | 3,055 | 2,873 |
Public Service Electric & Gas Co. | 3.000% | 5/15/27 | 3,000 | 2,992 |
Public Service Electric & Gas Co. | 5.800% | 5/1/37 | 875 | 1,141 |
Public Service Electric & Gas Co. | 3.950% | 5/1/42 | 3,800 | 4,095 |
Public Service Electric & Gas Co. | 3.650% | 9/1/42 | 575 | 588 |
Public Service Electric & Gas Co. | 3.800% | 3/1/46 | 14,050 | 14,869 |
Public Service Electric & Gas Co. | 3.600% | 12/1/47 | 2,800 | 2,865 |
Public Service Enterprise Group Inc. | 2.650% | 11/15/22 | 4,775 | 4,726 |
Puget Energy Inc. | 6.500% | 12/15/20 | 4,050 | 4,465 |
Puget Energy Inc. | 6.000% | 9/1/21 | 3,825 | 4,235 |
Puget Energy Inc. | 5.625% | 7/15/22 | 2,425 | 2,673 |
Puget Energy Inc. | 3.650% | 5/15/25 | 4,150 | 4,248 |
Puget Sound Energy Inc. | 6.274% | 3/15/37 | 3,825 | 5,148 |
Puget Sound Energy Inc. | 5.757% | 10/1/39 | 1,400 | 1,824 |
Puget Sound Energy Inc. | 5.795% | 3/15/40 | 1,610 | 2,119 |
Puget Sound Energy Inc. | 5.638% | 4/15/41 | 900 | 1,157 |
Puget Sound Energy Inc. | 4.300% | 5/20/45 | 7,225 | 8,150 |
San Diego Gas & Electric Co. | 3.000% | 8/15/21 | 1,350 | 1,371 |
San Diego Gas & Electric Co. | 6.000% | 6/1/39 | 200 | 267 |
San Diego Gas & Electric Co. | 4.500% | 8/15/40 | 3,970 | 4,639 |
San Diego Gas & Electric Co. | 3.750% | 6/1/47 | 5,000 | 5,244 |
SCANA Corp. | 4.750% | 5/15/21 | 2,445 | 2,531 |
Sierra Pacific Power Co. | 2.600% | 5/1/26 | 11,255 | 10,865 |
South Carolina Electric & Gas Co. | 6.625% | 2/1/32 | 2,225 | 2,823 |
South Carolina Electric & Gas Co. | 5.300% | 5/15/33 | 150 | 170 |
South Carolina Electric & Gas Co. | 6.050% | 1/15/38 | 1,550 | 1,928 |
South Carolina Electric & Gas Co. | 5.450% | 2/1/41 | 1,525 | 1,806 |
141
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
South Carolina Electric & Gas Co. | 4.350% | 2/1/42 | 2,500 | 2,617 |
South Carolina Electric & Gas Co. | 4.600% | 6/15/43 | 3,300 | 3,573 |
South Carolina Electric & Gas Co. | 4.100% | 6/15/46 | 3,300 | 3,365 |
South Carolina Electric & Gas Co. | 4.500% | 6/1/64 | 10,015 | 10,408 |
South Carolina Electric & Gas Co. | 5.100% | 6/1/65 | 3,725 | 4,247 |
Southern California Edison Co. | 3.875% | 6/1/21 | 3,789 | 3,941 |
5 Southern California Edison Co. | 1.845% | 2/1/22 | 2,250 | 2,200 |
Southern California Edison Co. | 2.400% | 2/1/22 | 2,700 | 2,675 |
Southern California Edison Co. | 3.500% | 10/1/23 | 10,600 | 10,977 |
Southern California Edison Co. | 6.650% | 4/1/29 | 450 | 575 |
Southern California Edison Co. | 6.000% | 1/15/34 | 3,600 | 4,628 |
Southern California Edison Co. | 5.750% | 4/1/35 | 800 | 1,020 |
Southern California Edison Co. | 5.350% | 7/15/35 | 4,485 | 5,483 |
Southern California Edison Co. | 5.550% | 1/15/36 | 500 | 610 |
Southern California Edison Co. | 5.625% | 2/1/36 | 1,875 | 2,367 |
Southern California Edison Co. | 5.950% | 2/1/38 | 2,775 | 3,676 |
Southern California Edison Co. | 6.050% | 3/15/39 | 1,460 | 1,957 |
Southern California Edison Co. | 4.500% | 9/1/40 | 6,807 | 7,644 |
Southern California Edison Co. | 4.050% | 3/15/42 | 6,450 | 6,923 |
Southern California Edison Co. | 3.900% | 3/15/43 | 2,925 | 3,078 |
Southern California Edison Co. | 4.650% | 10/1/43 | 5,975 | 6,996 |
Southern California Edison Co. | 3.600% | 2/1/45 | 2,200 | 2,210 |
Southern California Edison Co. | 4.000% | 4/1/47 | 5,200 | 5,590 |
Southern Co. | 1.850% | 7/1/19 | 3,190 | 3,172 |
Southern Co. | 2.150% | 9/1/19 | 1,650 | 1,641 |
Southern Co. | 2.750% | 6/15/20 | 2,400 | 2,416 |
Southern Co. | 2.350% | 7/1/21 | 5,400 | 5,374 |
Southern Co. | 2.950% | 7/1/23 | 7,700 | 7,656 |
Southern Co. | 3.250% | 7/1/26 | 13,830 | 13,563 |
Southern Co. | 4.250% | 7/1/36 | 8,125 | 8,537 |
Southern Co. | 4.400% | 7/1/46 | 9,400 | 10,030 |
5 Southern Co. | 5.500% | 3/15/57 | 1,400 | 1,481 |
Southern Power Co. | 1.950% | 12/15/19 | 1,400 | 1,389 |
Southern Power Co. | 2.375% | 6/1/20 | 500 | 498 |
Southern Power Co. | 2.500% | 12/15/21 | 5,000 | 4,953 |
Southern Power Co. | 4.150% | 12/1/25 | 2,000 | 2,105 |
Southern Power Co. | 5.150% | 9/15/41 | 5,790 | 6,476 |
Southern Power Co. | 5.250% | 7/15/43 | 5,625 | 6,397 |
Southern Power Co. | 4.950% | 12/15/46 | 2,875 | 3,140 |
Southwestern Electric Power Co. | 6.450% | 1/15/19 | 4,763 | 4,956 |
Southwestern Electric Power Co. | 2.750% | 10/1/26 | 4,800 | 4,610 |
Southwestern Electric Power Co. | 3.900% | 4/1/45 | 6,831 | 7,000 |
Southwestern Public Service Co. | 3.300% | 6/15/24 | 200 | 205 |
Southwestern Public Service Co. | 4.500% | 8/15/41 | 4,014 | 4,590 |
Southwestern Public Service Co. | 3.400% | 8/15/46 | 14,075 | 13,688 |
Southwestern Public Service Co. | 3.700% | 8/15/47 | 8,975 | 9,181 |
Tampa Electric Co. | 5.400% | 5/15/21 | 2,590 | 2,801 |
Tampa Electric Co. | 2.600% | 9/15/22 | 1,000 | 989 |
Tampa Electric Co. | 6.550% | 5/15/36 | 350 | 464 |
Tampa Electric Co. | 4.100% | 6/15/42 | 100 | 103 |
Tampa Electric Co. | 4.350% | 5/15/44 | 3,500 | 3,792 |
TECO Finance Inc. | 5.150% | 3/15/20 | 4,862 | 5,114 |
Toledo Edison Co. | 6.150% | 5/15/37 | 2,244 | 2,892 |
TransAlta Corp. | 4.500% | 11/15/22 | 2,050 | 2,082 |
142
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
TransAlta Corp. | 6.500% | 3/15/40 | 2,550 | 2,540 |
Tucson Electric Power Co. | 3.050% | 3/15/25 | 2,000 | 1,955 |
UIL Holdings Corp. | 4.625% | 10/1/20 | 4,400 | 4,607 |
Union Electric Co. | 6.700% | 2/1/19 | 2,732 | 2,857 |
Union Electric Co. | 3.500% | 4/15/24 | 3,465 | 3,591 |
Union Electric Co. | 2.950% | 6/15/27 | 9,500 | 9,411 |
Union Electric Co. | 5.300% | 8/1/37 | 3,244 | 3,920 |
Union Electric Co. | 8.450% | 3/15/39 | 2,200 | 3,575 |
Union Electric Co. | 3.900% | 9/15/42 | 175 | 183 |
Union Electric Co. | 3.650% | 4/15/45 | 1,825 | 1,852 |
Virginia Electric & Power Co. | 2.950% | 1/15/22 | 2,025 | 2,054 |
Virginia Electric & Power Co. | 3.450% | 9/1/22 | 10,595 | 10,930 |
Virginia Electric & Power Co. | 2.750% | 3/15/23 | 6,050 | 6,040 |
Virginia Electric & Power Co. | 3.450% | 2/15/24 | 5,390 | 5,554 |
Virginia Electric & Power Co. | 3.100% | 5/15/25 | 3,450 | 3,467 |
Virginia Electric & Power Co. | 3.150% | 1/15/26 | 8,145 | 8,223 |
Virginia Electric & Power Co. | 2.950% | 11/15/26 | 3,357 | 3,322 |
Virginia Electric & Power Co. | 3.500% | 3/15/27 | 4,500 | 4,649 |
Virginia Electric & Power Co. | 6.000% | 1/15/36 | 2,840 | 3,706 |
Virginia Electric & Power Co. | 6.000% | 5/15/37 | 4,475 | 5,879 |
Virginia Electric & Power Co. | 6.350% | 11/30/37 | 2,950 | 4,037 |
Virginia Electric & Power Co. | 4.000% | 1/15/43 | 18,375 | 19,444 |
Virginia Electric & Power Co. | 4.650% | 8/15/43 | 225 | 262 |
Virginia Electric & Power Co. | 4.450% | 2/15/44 | 5,295 | 5,972 |
Virginia Electric & Power Co. | 4.200% | 5/15/45 | 2,750 | 3,013 |
Virginia Electric & Power Co. | 4.000% | 11/15/46 | 7,500 | 7,974 |
Virginia Electric & Power Co. | 3.800% | 9/15/47 | 4,150 | 4,305 |
WEC Energy Group Inc. | 2.450% | 6/15/20 | 2,075 | 2,074 |
WEC Energy Group Inc. | 3.550% | 6/15/25 | 2,900 | 2,966 |
Westar Energy Inc. | 2.550% | 7/1/26 | 6,200 | 5,963 |
Westar Energy Inc. | 3.100% | 4/1/27 | 4,500 | 4,502 |
Westar Energy Inc. | 4.125% | 3/1/42 | 4,660 | 5,010 |
Westar Energy Inc. | 4.100% | 4/1/43 | 2,405 | 2,585 |
Westar Energy Inc. | 4.250% | 12/1/45 | 750 | 825 |
Wisconsin Electric Power Co. | 5.625% | 5/15/33 | 150 | 182 |
Wisconsin Electric Power Co. | 5.700% | 12/1/36 | 100 | 128 |
Wisconsin Electric Power Co. | 4.250% | 6/1/44 | 1,405 | 1,541 |
Wisconsin Electric Power Co. | 4.300% | 12/15/45 | 2,500 | 2,767 |
Wisconsin Power & Light Co. | 3.050% | 10/15/27 | 2,300 | 2,293 |
Wisconsin Power & Light Co. | 6.375% | 8/15/37 | 2,125 | 2,875 |
Wisconsin Public Service Corp. | 3.671% | 12/1/42 | 2,150 | 2,177 |
Wisconsin Public Service Corp. | 4.752% | 11/1/44 | 2,175 | 2,590 |
Xcel Energy Inc. | 4.700% | 5/15/20 | 4,120 | 4,299 |
Xcel Energy Inc. | 2.400% | 3/15/21 | 7,625 | 7,570 |
Xcel Energy Inc. | 2.600% | 3/15/22 | 4,250 | 4,241 |
Xcel Energy Inc. | 3.300% | 6/1/25 | 9,900 | 10,047 |
Xcel Energy Inc. | 3.350% | 12/1/26 | 3,325 | 3,375 |
Xcel Energy Inc. | 6.500% | 7/1/36 | 961 | 1,304 |
Natural Gas (0.1%) | ||||
Atmos Energy Corp. | 8.500% | 3/15/19 | 760 | 816 |
Atmos Energy Corp. | 3.000% | 6/15/27 | 4,875 | 4,837 |
Atmos Energy Corp. | 5.500% | 6/15/41 | 4,050 | 5,124 |
Atmos Energy Corp. | 4.150% | 1/15/43 | 75 | 81 |
143
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Atmos Energy Corp. | 4.125% | 10/15/44 | 5,325 | 5,818 |
CenterPoint Energy Resources Corp. | 4.500% | 1/15/21 | 7,001 | 7,317 |
CenterPoint Energy Resources Corp. | 5.850% | 1/15/41 | 1,975 | 2,527 |
CenterPoint Energy Resources Corp. | 4.100% | 9/1/47 | 2,275 | 2,390 |
NiSource Finance Corp. | 6.800% | 1/15/19 | 905 | 945 |
NiSource Finance Corp. | 5.450% | 9/15/20 | 800 | 855 |
NiSource Finance Corp. | 2.650% | 11/17/22 | 2,850 | 2,831 |
NiSource Finance Corp. | 3.490% | 5/15/27 | 7,300 | 7,426 |
NiSource Finance Corp. | 5.950% | 6/15/41 | 10,422 | 13,320 |
Nisource Finance Corp. | 5.250% | 2/15/43 | 2,720 | 3,278 |
NiSource Finance Corp. | 4.800% | 2/15/44 | 3,250 | 3,690 |
NiSource Finance Corp. | 5.650% | 2/1/45 | 742 | 930 |
NiSource Finance Corp. | 4.375% | 5/15/47 | 7,300 | 7,992 |
ONE Gas Inc. | 2.070% | 2/1/19 | 2,350 | 2,342 |
ONE Gas Inc. | 4.658% | 2/1/44 | 1,500 | 1,716 |
Piedmont Natural Gas Co. Inc. | 4.650% | 8/1/43 | 1,225 | 1,400 |
Piedmont Natural Gas Co. Inc. | 3.640% | 11/1/46 | 4,300 | 4,229 |
Sempra Energy | 9.800% | 2/15/19 | 1,500 | 1,619 |
Sempra Energy | 1.625% | 10/7/19 | 3,900 | 3,853 |
Sempra Energy | 2.400% | 3/15/20 | 3,200 | 3,201 |
Sempra Energy | 2.850% | 11/15/20 | 3,930 | 3,948 |
Sempra Energy | 2.875% | 10/1/22 | 2,325 | 2,309 |
Sempra Energy | 4.050% | 12/1/23 | 11,785 | 12,311 |
Sempra Energy | 3.750% | 11/15/25 | 12,855 | 13,159 |
Sempra Energy | 3.250% | 6/15/27 | 7,495 | 7,426 |
Sempra Energy | 6.000% | 10/15/39 | 6,925 | 8,933 |
Southern California Gas Co. | 3.200% | 6/15/25 | 560 | 569 |
Southern California Gas Co. | 2.600% | 6/15/26 | 11,376 | 11,035 |
Southern California Gas Co. | 3.750% | 9/15/42 | 3,325 | 3,454 |
Southern Co. Gas Capital Corp. | 5.250% | 8/15/19 | 1,600 | 1,668 |
Southern Co. Gas Capital Corp. | 3.500% | 9/15/21 | 680 | 694 |
Southern Co. Gas Capital Corp. | 3.250% | 6/15/26 | 2,700 | 2,660 |
Southern Co. Gas Capital Corp. | 5.875% | 3/15/41 | 5,475 | 6,794 |
Southern Co. Gas Capital Corp. | 4.400% | 6/1/43 | 1,000 | 1,060 |
Southern Co. Gas Capital Corp. | 3.950% | 10/1/46 | 4,400 | 4,367 |
Southern Co. Gas Capital Corp. | 4.400% | 5/30/47 | 14,600 | 15,673 |
Southwest Gas Corp. | 3.800% | 9/29/46 | 2,600 | 2,621 |
Washington Gas Light Co. | 3.796% | 9/15/46 | 3,500 | 3,607 |
Other Utility (0.0%) | ||||
American Water Capital Corp. | 3.400% | 3/1/25 | 1,400 | 1,438 |
American Water Capital Corp. | 2.950% | 9/1/27 | 5,000 | 4,949 |
American Water Capital Corp. | 6.593% | 10/15/37 | 6,150 | 8,594 |
American Water Capital Corp. | 4.300% | 9/1/45 | 1,025 | 1,133 |
American Water Capital Corp. | 4.000% | 12/1/46 | 600 | 639 |
American Water Capital Corp. | 3.750% | 9/1/47 | 9,700 | 9,954 |
United Utilities plc | 5.375% | 2/1/19 | 4,650 | 4,785 |
United Utilities plc | 6.875% | 8/15/28 | 75 | 91 |
Veolia Environnement SA | 6.750% | 6/1/38 | 4,225 | 5,551 |
2,797,914 | ||||
Total Corporate Bonds (Cost $39,261,762) | 40,523,057 |
144
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Sovereign Bonds (4.7%) | ||||
African Development Bank | 1.000% | 5/15/19 | 11,000 | 10,851 |
African Development Bank | 1.375% | 2/12/20 | 5,700 | 5,623 |
African Development Bank | 1.875% | 3/16/20 | 23,100 | 23,021 |
African Development Bank | 1.250% | 7/26/21 | 6,650 | 6,419 |
African Development Bank | 2.375% | 9/23/21 | 13,500 | 13,558 |
African Development Bank | 2.125% | 11/16/22 | 32,000 | 31,533 |
Agricultural Bank of China Ltd. | 2.750% | 5/21/20 | 2,000 | 1,994 |
Asian Development Bank | 1.375% | 1/15/19 | 9,500 | 9,447 |
Asian Development Bank | 1.750% | 3/21/19 | 14,700 | 14,663 |
Asian Development Bank | 1.875% | 4/12/19 | 13,500 | 13,483 |
Asian Development Bank | 1.000% | 8/16/19 | 7,250 | 7,133 |
Asian Development Bank | 1.750% | 1/10/20 | 17,500 | 17,396 |
Asian Development Bank | 1.500% | 1/22/20 | 10,400 | 10,287 |
Asian Development Bank | 1.375% | 3/23/20 | 2,750 | 2,709 |
Asian Development Bank | 1.625% | 5/5/20 | 91,175 | 90,275 |
Asian Development Bank | 1.625% | 3/16/21 | 8,300 | 8,156 |
Asian Development Bank | 1.750% | 6/8/21 | 13,550 | 13,332 |
Asian Development Bank | 2.125% | 11/24/21 | 700 | 693 |
Asian Development Bank | 2.000% | 2/16/22 | 53,650 | 53,073 |
Asian Development Bank | 1.875% | 2/18/22 | 15,700 | 15,378 |
Asian Development Bank | 1.750% | 9/13/22 | 26,115 | 25,354 |
Asian Development Bank | 2.000% | 1/22/25 | 10,750 | 10,411 |
Asian Development Bank | 2.000% | 4/24/26 | 4,700 | 4,513 |
Asian Development Bank | 2.625% | 1/12/27 | 7,250 | 7,279 |
Asian Development Bank | 2.375% | 8/10/27 | 5,265 | 5,172 |
Asian Development Bank | 6.220% | 8/15/27 | 2,175 | 2,838 |
Asian Development Bank | 2.500% | 11/2/27 | 50,965 | 50,461 |
Canada | 1.625% | 2/27/19 | 23,315 | 23,263 |
Canada | 2.000% | 11/15/22 | 36,950 | 36,434 |
CNOOC Finance 2013 Ltd. | 3.000% | 5/9/23 | 14,450 | 14,295 |
CNOOC Finance 2015 Australia Pty Ltd. | 2.625% | 5/5/20 | 8,000 | 7,970 |
CNOOC Finance 2015 USA LLC | 3.500% | 5/5/25 | 22,100 | 22,278 |
CNOOC Nexen Finance 2014 ULC | 4.250% | 4/30/24 | 15,000 | 15,821 |
Corp. Andina de Fomento | 2.750% | 1/6/23 | 7,850 | 7,779 |
Corp. Andina de Fomento | 2.000% | 5/10/19 | 9,600 | 9,555 |
Corp. Andina de Fomento | 8.125% | 6/4/19 | 11,725 | 12,647 |
Corp. Andina de Fomento | 2.200% | 7/18/20 | 14,000 | 13,898 |
Corp. Andina de Fomento | 4.375% | 6/15/22 | 34,419 | 36,591 |
Council Of Europe Development Bank | 1.500% | 5/17/19 | 5,300 | 5,268 |
Council Of Europe Development Bank | 1.750% | 11/14/19 | 5,000 | 4,971 |
Council Of Europe Development Bank | 1.625% | 3/10/20 | 15,500 | 15,349 |
Council Of Europe Development Bank | 1.625% | 3/16/21 | 4,600 | 4,515 |
Ecopetrol SA | 5.875% | 9/18/23 | 13,250 | 14,658 |
Ecopetrol SA | 4.125% | 1/16/25 | 16,775 | 16,901 |
Ecopetrol SA | 5.375% | 6/26/26 | 13,000 | 13,975 |
Ecopetrol SA | 7.375% | 9/18/43 | 5,950 | 7,133 |
Ecopetrol SA | 5.875% | 5/28/45 | 12,525 | 12,713 |
Emirates Telecommunications Group Co. | ||||
PJSC | 3.500% | 6/18/24 | 5,000 | 5,108 |
European Bank for Reconstruction & | ||||
Development | 1.750% | 6/14/19 | 21,525 | 21,451 |
European Bank for Reconstruction & | ||||
Development | 0.875% | 7/22/19 | 7,900 | 7,737 |
145
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
European Bank for Reconstruction & | |||||
Development | 1.750% | 11/26/19 | 12,700 | 12,624 | |
European Bank for Reconstruction & | |||||
Development | 1.500% | 3/16/20 | 10,750 | 10,620 | |
European Bank for Reconstruction & | |||||
Development | 2.000% | 2/1/21 | 35,000 | 34,783 | |
European Bank for Reconstruction & | |||||
Development | 1.875% | 7/15/21 | 5,200 | 5,152 | |
European Bank for Reconstruction & | |||||
Development | 1.875% | 2/23/22 | 14,300 | 14,075 | |
European Investment Bank | 1.875% | 3/15/19 | 46,000 | 45,944 | |
European Investment Bank | 1.750% | 6/17/19 | 62,470 | 62,253 | |
European Investment Bank | 1.125% | 8/15/19 | 11,275 | 11,124 | |
European Investment Bank | 1.625% | 3/16/20 | 62,400 | 61,800 | |
European Investment Bank | 1.750% | 5/15/20 | 42,650 | 42,337 | |
European Investment Bank | 1.375% | 6/15/20 | 31,375 | 30,828 | |
European Investment Bank | 1.625% | 8/14/20 | 64,000 | 63,216 | |
European Investment Bank | 2.875% | 9/15/20 | 17,650 | 17,984 | |
European Investment Bank | 1.625% | 12/15/20 | 21,500 | 21,180 | |
European Investment Bank | 4.000% | 2/16/21 | 11,575 | 12,200 | |
European Investment Bank | 2.000% | 3/15/21 | 42,200 | 41,941 | |
European Investment Bank | 2.500% | 4/15/21 | 22,975 | 23,149 | |
European Investment Bank | 1.375% | 9/15/21 | 2,000 | 1,936 | |
European Investment Bank | 2.125% | 10/15/21 | 7,600 | 7,556 | |
European Investment Bank | 2.250% | 3/15/22 | 75,150 | 74,896 | |
European Investment Bank | 2.375% | 6/15/22 | 40,100 | 40,117 | |
European Investment Bank | 2.250% | 8/15/22 | 21,100 | 21,004 | |
European Investment Bank | 2.000% | 12/15/22 | 19,867 | 19,489 | |
European Investment Bank | 3.250% | 1/29/24 | 42,200 | 44,021 | |
European Investment Bank | 1.875% | 2/10/25 | 9,400 | 8,996 | |
European Investment Bank | 2.125% | 4/13/26 | 30,000 | 29,022 | |
European Investment Bank | 2.375% | 5/24/27 | 8,000 | 7,841 | |
European Investment Bank | 4.875% | 2/15/36 | 8,600 | 11,260 | |
Export Development Canada | 1.250% | 2/4/19 | 8,300 | 8,240 | |
10 | Export Development Canada | 1.500% | 4/4/19 | 2,350 | 2,335 |
11 | Export Development Canada | 1.750% | 8/19/19 | 7,000 | 6,976 |
11 | Export Development Canada | 1.625% | 12/3/19 | 3,600 | 3,575 |
Export Development Canada | 1.625% | 1/17/20 | 5,450 | 5,404 | |
Export Development Canada | 1.625% | 6/1/20 | 6,625 | 6,486 | |
Export Development Canada | 2.000% | 11/30/20 | 27,335 | 27,228 | |
Export Development Canada | 1.500% | 5/26/21 | 17,900 | 17,483 | |
Export Development Canada | 1.375% | 10/21/21 | 18,040 | 17,465 | |
Export-Import Bank of Korea | 1.750% | 2/27/18 | 4,150 | 4,147 | |
Export-Import Bank of Korea | 1.750% | 5/26/19 | 5,100 | 5,043 | |
Export-Import Bank of Korea | 2.375% | 8/12/19 | 5,000 | 4,976 | |
Export-Import Bank of Korea | 1.500% | 10/21/19 | 10,000 | 9,790 | |
Export-Import Bank of Korea | 5.125% | 6/29/20 | 5,300 | 5,585 | |
Export-Import Bank of Korea | 2.500% | 11/1/20 | 16,000 | 15,823 | |
Export-Import Bank of Korea | 4.000% | 1/29/21 | 3,400 | 3,503 | |
Export-Import Bank of Korea | 2.500% | 5/10/21 | 6,000 | 5,912 | |
Export-Import Bank of Korea | 4.375% | 9/15/21 | 4,000 | 4,190 | |
Export-Import Bank of Korea | 1.875% | 10/21/21 | 13,450 | 12,899 | |
Export-Import Bank of Korea | 2.750% | 1/25/22 | 14,500 | 14,338 | |
Export-Import Bank of Korea | 5.000% | 4/11/22 | 3,300 | 3,552 |
146
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Export-Import Bank of Korea | 3.000% | 11/1/22 | 8,000 | 7,962 | |
Export-Import Bank of Korea | 4.000% | 1/14/24 | 17,850 | 18,713 | |
Export-Import Bank of Korea | 2.875% | 1/21/25 | 3,000 | 2,927 | |
Export-Import Bank of Korea | 3.250% | 11/10/25 | 6,200 | 6,181 | |
Export-Import Bank of Korea | 2.625% | 5/26/26 | 6,000 | 5,712 | |
Export-Import Bank of Korea | 3.250% | 8/12/26 | 425 | 424 | |
FMS Wertmanagement AoeR | 1.000% | 8/16/19 | 11,700 | 11,512 | |
12 | FMS Wertmanagement AoeR | 1.750% | 1/24/20 | 21,000 | 20,872 |
FMS Wertmanagement AoeR | 1.750% | 3/17/20 | 6,000 | 5,957 | |
FMS Wertmanagement AoeR | 2.000% | 8/1/22 | 60,750 | 59,845 | |
Hydro-Quebec | 8.400% | 1/15/22 | 3,040 | 3,673 | |
Hydro-Quebec | 8.050% | 7/7/24 | 1,150 | 1,486 | |
Industrial & Commercial Bank of China Ltd. | 3.231% | 11/13/19 | 5,850 | 5,895 | |
Industrial & Commercial Bank of China Ltd. | 2.905% | 11/13/20 | 250 | 249 | |
Industrial & Commercial Bank of China Ltd. | 2.635% | 5/26/21 | 5,200 | 5,137 | |
Industrial & Commercial Bank of China Ltd. | 2.957% | 11/8/22 | 6,250 | 6,189 | |
Industrial & Commercial Bank of China Ltd. | 3.538% | 11/8/27 | 3,000 | 2,984 | |
Inter-American Development Bank | 1.000% | 5/13/19 | 14,500 | 14,321 | |
Inter-American Development Bank | 1.125% | 9/12/19 | 24,800 | 24,435 | |
Inter-American Development Bank | 3.875% | 9/17/19 | 17,250 | 17,794 | |
Inter-American Development Bank | 1.750% | 10/15/19 | 20,200 | 20,104 | |
Inter-American Development Bank | 3.875% | 2/14/20 | 1,800 | 1,866 | |
Inter-American Development Bank | 1.625% | 5/12/20 | 32,000 | 31,682 | |
Inter-American Development Bank | 2.125% | 11/9/20 | 10,400 | 10,402 | |
Inter-American Development Bank | 1.875% | 3/15/21 | 16,000 | 15,840 | |
Inter-American Development Bank | 2.125% | 1/18/22 | 69,250 | 68,852 | |
Inter-American Development Bank | 1.750% | 4/14/22 | 25,600 | 25,034 | |
Inter-American Development Bank | 1.750% | 9/14/22 | 30,850 | 29,944 | |
Inter-American Development Bank | 3.000% | 10/4/23 | 9,050 | 9,320 | |
Inter-American Development Bank | 3.000% | 2/21/24 | 13,000 | 13,367 | |
Inter-American Development Bank | 2.125% | 1/15/25 | 14,000 | 13,681 | |
Inter-American Development Bank | 7.000% | 6/15/25 | 4,425 | 5,585 | |
Inter-American Development Bank | 2.000% | 6/2/26 | 27,625 | 26,350 | |
Inter-American Development Bank | 2.375% | 7/7/27 | 32,750 | 32,175 | |
Inter-American Development Bank | 3.200% | 8/7/42 | 3,375 | 3,442 | |
Inter-American Development Bank | 4.375% | 1/24/44 | 5,200 | 6,365 | |
International Bank for Reconstruction & | |||||
Development | 1.875% | 3/15/19 | 42,875 | 42,824 | |
International Bank for Reconstruction & | |||||
Development | 1.375% | 4/22/19 | 13,530 | 13,414 | |
International Bank for Reconstruction & | |||||
Development | 1.250% | 7/26/19 | 17,000 | 16,814 | |
International Bank for Reconstruction & | |||||
Development | 0.875% | 8/15/19 | 41,300 | 40,589 | |
International Bank for Reconstruction & | |||||
Development | 1.875% | 10/7/19 | 5,100 | 5,089 | |
International Bank for Reconstruction & | |||||
Development | 1.125% | 11/27/19 | 22,025 | 21,646 | |
International Bank for Reconstruction & | |||||
Development | 1.375% | 3/30/20 | 9,000 | 8,869 | |
International Bank for Reconstruction & | |||||
Development | 1.875% | 4/21/20 | 91,000 | 90,700 | |
International Bank for Reconstruction & | |||||
Development | 1.625% | 9/4/20 | 39,100 | 38,612 |
147
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
International Bank for Reconstruction & | |||||
Development | 2.125% | 11/1/20 | 20,400 | 20,403 | |
International Bank for Reconstruction & | |||||
Development | 1.625% | 3/9/21 | 28,100 | 27,616 | |
International Bank for Reconstruction & | |||||
Development | 1.375% | 5/24/21 | 34,000 | 33,068 | |
International Bank for Reconstruction & | |||||
Development | 2.250% | 6/24/21 | 10,250 | 10,264 | |
International Bank for Reconstruction & | |||||
Development | 1.375% | 9/20/21 | 36,310 | 35,186 | |
International Bank for Reconstruction & | |||||
Development | 2.125% | 12/13/21 | 15,270 | 15,202 | |
International Bank for Reconstruction & | |||||
Development | 2.000% | 1/26/22 | 92,000 | 90,988 | |
International Bank for Reconstruction & | |||||
Development | 1.625% | 2/10/22 | 28,425 | 27,728 | |
International Bank for Reconstruction & | |||||
Development | 7.625% | 1/19/23 | 30,020 | 37,422 | |
International Bank for Reconstruction & | |||||
Development | 2.500% | 11/25/24 | 33,750 | 33,792 | |
International Bank for Reconstruction & | |||||
Development | 8.875% | 3/1/26 | 450 | 642 | |
International Bank for Reconstruction & | |||||
Development | 2.500% | 11/22/27 | 15,000 | 14,890 | |
International Bank for Reconstruction & | |||||
Development | 4.750% | 2/15/35 | 2,500 | 3,213 | |
International Finance Corp. | 1.750% | 9/16/19 | 10,500 | 10,452 | |
International Finance Corp. | 1.750% | 3/30/20 | 18,225 | 18,116 | |
International Finance Corp. | 1.625% | 7/16/20 | 55 | 54 | |
International Finance Corp. | 2.000% | 10/24/22 | 7,800 | 7,678 | |
International Finance Corp. | 2.125% | 4/7/26 | 28,645 | 27,715 | |
13 | Japan Bank for International Cooperation | 2.125% | 2/7/19 | 6,050 | 6,043 |
13 | Japan Bank for International Cooperation | 1.750% | 5/29/19 | 700 | 695 |
13 | Japan Bank for International Cooperation | 2.250% | 2/24/20 | 15,400 | 15,362 |
13 | Japan Bank for International Cooperation | 1.750% | 5/28/20 | 51,300 | 50,468 |
13 | Japan Bank for International Cooperation | 2.125% | 6/1/20 | 11,000 | 10,932 |
13 | Japan Bank for International Cooperation | 2.125% | 7/21/20 | 11,730 | 11,642 |
13 | Japan Bank for International Cooperation | 1.875% | 4/20/21 | 6,600 | 6,453 |
13 | Japan Bank for International Cooperation | 1.500% | 7/21/21 | 14,000 | 13,511 |
13 | Japan Bank for International Cooperation | 2.000% | 11/4/21 | 14,250 | 13,952 |
13 | Japan Bank for International Cooperation | 2.500% | 6/1/22 | 2,200 | 2,190 |
13 | Japan Bank for International Cooperation | 2.375% | 7/21/22 | 9,340 | 9,225 |
13 | Japan Bank for International Cooperation | 3.000% | 5/29/24 | 13,250 | 13,474 |
13 | Japan Bank for International Cooperation | 2.125% | 2/10/25 | 14,500 | 13,915 |
13 | Japan Bank for International Cooperation | 2.375% | 4/20/26 | 1,600 | 1,545 |
13 | Japan Bank for International Cooperation | 2.250% | 11/4/26 | 18,000 | 17,223 |
13 | Japan Bank for International Cooperation | 2.875% | 6/1/27 | 7,000 | 7,035 |
13 | Japan Bank for International Cooperation | 2.875% | 7/21/27 | 7,300 | 7,337 |
13 | Japan Bank for International Cooperation | 2.125% | 11/16/20 | 28,890 | 28,656 |
13 | Japan Bank for International Cooperation | 2.375% | 11/16/22 | 23,180 | 22,885 |
13 | Japan Bank for International Cooperation | 2.750% | 11/16/27 | 34,000 | 33,812 |
13 | Japan Finance Organization for Municipalities | 4.000% | 1/13/21 | 5,625 | 5,837 |
13 | Japan International Cooperation Agency | 2.750% | 4/27/27 | 8,400 | 8,281 |
12 | KFW | 1.500% | 2/6/19 | 51,500 | 51,249 |
148
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
12 | KFW | 1.875% | 4/1/19 | 48,590 | 48,537 |
12 | KFW | 4.875% | 6/17/19 | 14,275 | 14,866 |
12 | KFW | 1.000% | 7/15/19 | 36,250 | 35,666 |
12 | KFW | 1.500% | 9/9/19 | 14,500 | 14,375 |
12 | KFW | 1.750% | 10/15/19 | 23,650 | 23,535 |
12 | KFW | 4.000% | 1/27/20 | 5,400 | 5,610 |
12 | KFW | 1.750% | 3/31/20 | 31,700 | 31,464 |
12 | KFW | 1.500% | 4/20/20 | 27,500 | 27,126 |
12 | KFW | 1.625% | 5/29/20 | 60,175 | 59,509 |
12 | KFW | 1.875% | 6/30/20 | 12,000 | 11,926 |
12 | KFW | 2.750% | 9/8/20 | 20,575 | 20,911 |
12 | KFW | 2.750% | 10/1/20 | 13,950 | 14,177 |
12 | KFW | 1.875% | 12/15/20 | 72,035 | 71,636 |
12 | KFW | 1.500% | 6/15/21 | 60,600 | 59,090 |
12 | KFW | 2.375% | 8/25/21 | 19,590 | 19,665 |
12 | KFW | 1.750% | 9/15/21 | 33,000 | 32,388 |
12 | KFW | 2.625% | 1/25/22 | 14,200 | 14,381 |
12 | KFW | 2.125% | 3/7/22 | 70,000 | 69,501 |
12 | KFW | 2.125% | 6/15/22 | 81,100 | 80,419 |
12 | KFW | 2.000% | 10/4/22 | 24,875 | 24,485 |
12 | KFW | 2.125% | 1/17/23 | 23,500 | 23,217 |
12 | KFW | 2.500% | 11/20/24 | 39,500 | 39,389 |
12 | KFW | 2.000% | 5/2/25 | 31,640 | 30,515 |
12 | KFW | 0.000% | 4/18/36 | 8,050 | 4,708 |
Korea Development Bank | 2.500% | 1/13/21 | 5,000 | 4,939 | |
Korea Development Bank | 4.625% | 11/16/21 | 9,250 | 9,797 | |
Korea Development Bank | 2.625% | 2/27/22 | 14,000 | 13,794 | |
Korea Development Bank | 3.000% | 9/14/22 | 30,250 | 30,151 | |
Korea Development Bank | 2.750% | 3/19/23 | 3,100 | 3,043 | |
Korea Development Bank | 3.750% | 1/22/24 | 10,350 | 10,716 | |
Korea Development Bank | 3.000% | 1/13/26 | 1,500 | 1,471 | |
12 | Landwirtschaftliche Rentenbank | 1.375% | 10/23/19 | 2,900 | 2,864 |
12 | Landwirtschaftliche Rentenbank | 2.250% | 10/1/21 | 20,370 | 20,352 |
12 | Landwirtschaftliche Rentenbank | 2.000% | 12/6/21 | 3,600 | 3,560 |
12 | Landwirtschaftliche Rentenbank | 2.000% | 1/13/25 | 16,300 | 15,763 |
12 | Landwirtschaftliche Rentenbank | 2.375% | 6/10/25 | 14,575 | 14,418 |
12 | Landwirtschaftliche Rentenbank | 1.750% | 7/27/26 | 9,095 | 8,522 |
12 | Landwirtschaftliche Rentenbank | 2.500% | 11/15/27 | 19,855 | 19,675 |
Nexen Energy ULC | 7.875% | 3/15/32 | 525 | 748 | |
Nexen Energy ULC | 5.875% | 3/10/35 | 690 | 844 | |
Nexen Energy ULC | 6.400% | 5/15/37 | 13,400 | 17,419 | |
Nexen Energy ULC | 7.500% | 7/30/39 | 3,400 | 5,030 | |
Nordic Investment Bank | 1.875% | 6/14/19 | 8,300 | 8,292 | |
Nordic Investment Bank | 1.500% | 8/9/19 | 2,555 | 2,536 | |
Nordic Investment Bank | 1.625% | 11/20/20 | 15,600 | 15,368 | |
Nordic Investment Bank | 1.250% | 8/2/21 | 5,000 | 4,832 | |
Nordic Investment Bank | 2.125% | 2/1/22 | 9,000 | 8,937 | |
North American Development Bank | 4.375% | 2/11/20 | 975 | 1,015 | |
North American Development Bank | 2.400% | 10/26/22 | 3,450 | 3,435 | |
14 | Oesterreichische Kontrollbank AG | 1.625% | 3/12/19 | 3,800 | 3,786 |
14 | Oesterreichische Kontrollbank AG | 1.125% | 4/26/19 | 10,200 | 10,074 |
14 | Oesterreichische Kontrollbank AG | 1.375% | 2/10/20 | 5,675 | 5,583 |
14 | Oesterreichische Kontrollbank AG | 1.500% | 10/21/20 | 30,000 | 29,441 |
14 | Oesterreichische Kontrollbank AG | 1.875% | 1/20/21 | 10,900 | 10,779 |
149
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
14 | Oesterreichische Kontrollbank AG | 2.375% | 10/1/21 | 6,450 | 6,459 |
5 | Oriental Republic of Uruguay | 8.000% | 11/18/22 | 5,605 | 6,768 |
5 | Oriental Republic of Uruguay | 4.500% | 8/14/24 | 9,225 | 10,001 |
5 | Oriental Republic of Uruguay | 4.375% | 10/27/27 | 19,750 | 21,256 |
5 | Oriental Republic of Uruguay | 7.875% | 1/15/33 | 200 | 286 |
5 | Oriental Republic of Uruguay | 7.625% | 3/21/36 | 11,750 | 16,744 |
5 | Oriental Republic of Uruguay | 4.125% | 11/20/45 | 6,579 | 6,603 |
5 | Oriental Republic of Uruguay | 5.100% | 6/18/50 | 24,025 | 26,698 |
Petroleos Mexicanos | 5.500% | 2/4/19 | 5,000 | 5,160 | |
Petroleos Mexicanos | 8.000% | 5/3/19 | 300 | 321 | |
Petroleos Mexicanos | 6.000% | 3/5/20 | 3,500 | 3,722 | |
Petroleos Mexicanos | 3.500% | 7/23/20 | 4,200 | 4,265 | |
Petroleos Mexicanos | 5.500% | 1/21/21 | 16,220 | 17,288 | |
Petroleos Mexicanos | 6.375% | 2/4/21 | 51,113 | 55,664 | |
Petroleos Mexicanos | 4.875% | 1/24/22 | 38,757 | 40,421 | |
10 | Petroleos Mexicanos | 5.375% | 3/13/22 | 10,590 | 11,258 |
Petroleos Mexicanos | 3.500% | 1/30/23 | 11,150 | 10,944 | |
Petroleos Mexicanos | 4.625% | 9/21/23 | 20,612 | 21,173 | |
Petroleos Mexicanos | 4.875% | 1/18/24 | 8,322 | 8,662 | |
5 | Petroleos Mexicanos | 2.290% | 2/15/24 | 975 | 972 |
Petroleos Mexicanos | 2.378% | 4/15/25 | 1,425 | 1,417 | |
Petroleos Mexicanos | 4.500% | 1/23/26 | 2,995 | 3,006 | |
Petroleos Mexicanos | 6.875% | 8/4/26 | 12,730 | 14,422 | |
10 | Petroleos Mexicanos | 6.500% | 3/13/27 | 38,550 | 42,130 |
10 | Petroleos Mexicanos | 6.500% | 3/13/27 | 32,575 | 35,600 |
Petroleos Mexicanos | 6.625% | 6/15/35 | 16,600 | 17,780 | |
Petroleos Mexicanos | 6.625% | 6/15/38 | 3,025 | 3,143 | |
Petroleos Mexicanos | 6.500% | 6/2/41 | 18,725 | 19,357 | |
Petroleos Mexicanos | 5.500% | 6/27/44 | 9,225 | 8,521 | |
Petroleos Mexicanos | 6.375% | 1/23/45 | 13,170 | 13,239 | |
Petroleos Mexicanos | 5.625% | 1/23/46 | 31,454 | 29,047 | |
Petroleos Mexicanos | 6.750% | 9/21/47 | 38,376 | 40,180 | |
10 | Petroleos Mexicanos | 6.750% | 9/21/47 | 25,075 | 26,254 |
15 | Power Sector Assets & Liabilities | ||||
Management Corp. | 9.625% | 5/15/28 | 1,255 | 1,890 | |
Province of Alberta | 1.900% | 12/6/19 | 19,775 | 19,659 | |
Province of Alberta | 2.200% | 7/26/22 | 13,000 | 12,813 | |
Province of British Columbia | 2.650% | 9/22/21 | 14,150 | 14,298 | |
Province of British Columbia | 2.000% | 10/23/22 | 22,150 | 21,715 | |
Province of British Columbia | 2.250% | 6/2/26 | 1,100 | 1,065 | |
Province of British Columbia | 7.250% | 9/1/36 | 2,171 | 3,402 | |
Province of Manitoba | 2.100% | 9/6/22 | 6,925 | 6,781 | |
Province of Manitoba | 3.050% | 5/14/24 | 19,800 | 20,179 | |
Province of Manitoba | 2.125% | 6/22/26 | 4,000 | 3,767 | |
Province of New Brunswick | 2.500% | 12/12/22 | 4,005 | 3,992 | |
Province of Nova Scotia | 9.125% | 5/1/21 | 1,280 | 1,527 | |
Province of Ontario | 1.625% | 1/18/19 | 13,000 | 12,955 | |
Province of Ontario | 2.000% | 1/30/19 | 30,000 | 30,008 | |
Province of Ontario | 1.250% | 6/17/19 | 10,000 | 9,878 | |
Province of Ontario | 1.650% | 9/27/19 | 18,000 | 17,850 | |
Province of Ontario | 4.000% | 10/7/19 | 3,550 | 3,662 | |
Province of Ontario | 4.400% | 4/14/20 | 13,100 | 13,726 | |
Province of Ontario | 1.875% | 5/21/20 | 7,400 | 7,338 | |
Province of Ontario | 2.500% | 9/10/21 | 16,000 | 16,028 |
150
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Province of Ontario | 2.400% | 2/8/22 | 16,000 | 15,947 |
Province of Ontario | 2.250% | 5/18/22 | 34,000 | 33,643 |
Province of Ontario | 2.450% | 6/29/22 | 1,525 | 1,520 |
Province of Ontario | 2.200% | 10/3/22 | 16,725 | 16,483 |
Province of Ontario | 3.200% | 5/16/24 | 10,000 | 10,302 |
Province of Ontario | 2.500% | 4/27/26 | 8,000 | 7,838 |
Province of Quebec | 3.500% | 7/29/20 | 8,670 | 8,944 |
Province of Quebec | 2.750% | 8/25/21 | 13,475 | 13,617 |
Province of Quebec | 2.375% | 1/31/22 | 8,000 | 7,975 |
Province of Quebec | 2.625% | 2/13/23 | 34,919 | 34,985 |
Province of Quebec | 7.125% | 2/9/24 | 9,075 | 11,164 |
Province of Quebec | 2.875% | 10/16/24 | 9,400 | 9,499 |
Province of Quebec | 2.500% | 4/20/26 | 500 | 491 |
Province of Quebec | 2.750% | 4/12/27 | 34,300 | 34,037 |
Province of Quebec | 7.500% | 9/15/29 | 10,342 | 14,647 |
Republic of Chile | 3.875% | 8/5/20 | 200 | 209 |
Republic of Chile | 2.250% | 10/30/22 | 14,550 | 14,324 |
Republic of Chile | 3.125% | 1/21/26 | 19,794 | 20,032 |
Republic of Chile | 3.860% | 6/21/47 | 7,100 | 7,298 |
Republic of Colombia | 7.375% | 3/18/19 | 3,760 | 3,983 |
Republic of Colombia | 11.750% | 2/25/20 | 250 | 298 |
Republic of Colombia | 4.375% | 7/12/21 | 15,385 | 16,216 |
5 Republic of Colombia | 2.625% | 3/15/23 | 12,950 | 12,630 |
Republic of Colombia | 4.000% | 2/26/24 | 44,428 | 46,027 |
Republic of Colombia | 8.125% | 5/21/24 | 1,800 | 2,286 |
5 Republic of Colombia | 4.500% | 1/28/26 | 18,017 | 19,260 |
5 Republic of Colombia | 3.875% | 4/25/27 | 15,275 | 15,550 |
Republic of Colombia | 10.375% | 1/28/33 | 3,850 | 6,081 |
Republic of Colombia | 7.375% | 9/18/37 | 4,600 | 6,211 |
Republic of Colombia | 6.125% | 1/18/41 | 9,500 | 11,554 |
5 Republic of Colombia | 5.625% | 2/26/44 | 5,500 | 6,298 |
5 Republic of Colombia | 5.000% | 6/15/45 | 55,138 | 58,308 |
Republic of Finland | 6.950% | 2/15/26 | 1,000 | 1,271 |
Republic of Hungary | 6.250% | 1/29/20 | 12,225 | 13,096 |
Republic of Hungary | 6.375% | 3/29/21 | 76,925 | 85,483 |
Republic of Hungary | 5.375% | 2/21/23 | 8,200 | 9,123 |
Republic of Hungary | 7.625% | 3/29/41 | 4,025 | 6,316 |
Republic of Indonesia | 2.950% | 1/11/23 | 7,800 | 7,762 |
Republic of Indonesia | 3.500% | 1/11/28 | 7,900 | 7,877 |
Republic of Indonesia | 4.350% | 1/11/48 | 8,000 | 8,129 |
Republic of Italy | 6.875% | 9/27/23 | 16,425 | 19,333 |
Republic of Italy | 5.375% | 6/15/33 | 14,750 | 17,344 |
Republic of Korea | 7.125% | 4/16/19 | 19,678 | 20,836 |
Republic of Korea | 3.875% | 9/11/23 | 7,800 | 8,157 |
Republic of Korea | 5.625% | 11/3/25 | 575 | 679 |
Republic of Korea | 2.750% | 1/19/27 | 18,400 | 17,974 |
Republic of Panama | 5.200% | 1/30/20 | 20,755 | 21,871 |
5 Republic of Panama | 3.750% | 3/16/25 | 12,200 | 12,671 |
Republic of Panama | 7.125% | 1/29/26 | 13,800 | 17,581 |
Republic of Panama | 8.875% | 9/30/27 | 2,500 | 3,628 |
5 Republic of Panama | 3.875% | 3/17/28 | 5,000 | 5,228 |
Republic of Panama | 9.375% | 4/1/29 | 8,450 | 12,793 |
5 Republic of Panama | 6.700% | 1/26/36 | 21,548 | 28,809 |
5 Republic of Panama | 4.500% | 5/15/47 | 6,900 | 7,428 |
151
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
5 | Republic of Panama | 4.300% | 4/29/53 | 5,000 | 5,208 |
Republic of Peru | 4.125% | 8/25/27 | 800 | 873 | |
Republic of Peru | 8.750% | 11/21/33 | 30,883 | 48,818 | |
5 | Republic of Peru | 6.550% | 3/14/37 | 14,900 | 20,211 |
Republic of Peru | 5.625% | 11/18/50 | 18,133 | 23,400 | |
Republic of Poland | 6.375% | 7/15/19 | 26,860 | 28,477 | |
Republic of Poland | 5.125% | 4/21/21 | 15,650 | 16,941 | |
Republic of Poland | 5.000% | 3/23/22 | 29,385 | 32,177 | |
Republic of Poland | 3.000% | 3/17/23 | 23,300 | 23,679 | |
Republic of Poland | 4.000% | 1/22/24 | 975 | 1,040 | |
Republic of Poland | 3.250% | 4/6/26 | 11,900 | 12,153 | |
Republic of the Philippines | 8.375% | 6/17/19 | 7,000 | 7,648 | |
Republic of the Philippines | 6.500% | 1/20/20 | 200 | 218 | |
Republic of the Philippines | 4.000% | 1/15/21 | 15,025 | 15,761 | |
Republic of the Philippines | 4.200% | 1/21/24 | 8,200 | 8,907 | |
Republic of the Philippines | 9.500% | 10/21/24 | 2,170 | 3,100 | |
Republic of the Philippines | 10.625% | 3/16/25 | 8,525 | 12,883 | |
Republic of the Philippines | 5.500% | 3/30/26 | 9,350 | 11,045 | |
Republic of the Philippines | 9.500% | 2/2/30 | 4,250 | 6,715 | |
Republic of the Philippines | 7.750% | 1/14/31 | 13,300 | 18,953 | |
Republic of the Philippines | 6.375% | 1/15/32 | 15,004 | 19,505 | |
Republic of the Philippines | 6.375% | 10/23/34 | 14,240 | 19,028 | |
Republic of the Philippines | 5.000% | 1/13/37 | 1,950 | 2,301 | |
Republic of the Philippines | 3.950% | 1/20/40 | 24,999 | 25,780 | |
Republic of the Philippines | 3.700% | 3/1/41 | 9,733 | 9,672 | |
Republic of the Philippines | 3.700% | 2/2/42 | 16,288 | 16,226 | |
10 | Sinopec Group Overseas Development | ||||
2012 Ltd. | 4.875% | 5/17/42 | 450 | 507 | |
State of Israel | 5.125% | 3/26/19 | 5,350 | 5,540 | |
State of Israel | 4.000% | 6/30/22 | 8,200 | 8,678 | |
State of Israel | 3.150% | 6/30/23 | 2,400 | 2,458 | |
State of Israel | 2.875% | 3/16/26 | 30,000 | 29,935 | |
State of Israel | 4.500% | 1/30/43 | 7,700 | 8,430 | |
Statoil ASA | 2.250% | 11/8/19 | 8,000 | 8,002 | |
Statoil ASA | 2.900% | 11/8/20 | 3,025 | 3,067 | |
Statoil ASA | 2.750% | 11/10/21 | 10,400 | 10,508 | |
Statoil ASA | 3.150% | 1/23/22 | 3,975 | 4,072 | |
Statoil ASA | 2.450% | 1/17/23 | 17,550 | 17,406 | |
Statoil ASA | 2.650% | 1/15/24 | 16,518 | 16,432 | |
Statoil ASA | 3.700% | 3/1/24 | 9,856 | 10,346 | |
Statoil ASA | 3.250% | 11/10/24 | 5,100 | 5,234 | |
Statoil ASA | 7.250% | 9/23/27 | 3,350 | 4,428 | |
10 | Statoil ASA | 6.500% | 12/1/28 | 225 | 290 |
Statoil ASA | 5.100% | 8/17/40 | 11,000 | 13,319 | |
Statoil ASA | 4.250% | 11/23/41 | 3,100 | 3,341 | |
Statoil ASA | 3.950% | 5/15/43 | 2,550 | 2,666 | |
Statoil ASA | 4.800% | 11/8/43 | 12,295 | 14,433 | |
Svensk Exportkredit AB | 1.250% | 4/12/19 | 4,900 | 4,852 | |
Svensk Exportkredit AB | 1.875% | 6/17/19 | 11,900 | 11,873 | |
Svensk Exportkredit AB | 1.125% | 8/28/19 | 7,100 | 6,985 | |
Svensk Exportkredit AB | 1.750% | 5/18/20 | 16,400 | 16,238 | |
Svensk Exportkredit AB | 1.750% | 8/28/20 | 22,370 | 22,092 | |
Svensk Exportkredit AB | 1.750% | 3/10/21 | 7,500 | 7,380 | |
Svensk Exportkredit AB | 2.000% | 8/30/22 | 18,520 | 18,152 |
152
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
United Mexican States | 3.625% | 3/15/22 | 63,392 | 65,743 |
United Mexican States | 4.000% | 10/2/23 | 59,183 | 61,982 |
United Mexican States | 3.600% | 1/30/25 | 16,826 | 17,031 |
United Mexican States | 4.125% | 1/21/26 | 6,650 | 6,937 |
United Mexican States | 4.150% | 3/28/27 | 30,000 | 31,155 |
United Mexican States | 7.500% | 4/8/33 | 2,100 | 2,861 |
United Mexican States | 6.750% | 9/27/34 | 6,000 | 7,797 |
United Mexican States | 6.050% | 1/11/40 | 25,952 | 30,571 |
United Mexican States | 4.750% | 3/8/44 | 52,583 | 53,102 |
United Mexican States | 5.550% | 1/21/45 | 300 | 339 |
United Mexican States | 4.600% | 1/23/46 | 11,651 | 11,517 |
United Mexican States | 4.350% | 1/15/47 | 31,600 | 30,273 |
United Mexican States | 5.750% | 10/12/10 | 34,785 | 36,725 |
Total Sovereign Bonds (Cost $6,893,545) | 6,948,681 | |||
Taxable Municipal Bonds (0.7%) | ||||
Alabama Economic Settlement Authority | ||||
BP Settlement Revenue | 3.163% | 9/15/25 | 2,800 | 2,831 |
Alameda County CA Joint Powers Authority | ||||
Lease Revenue | 7.046% | 12/1/44 | 2,080 | 3,134 |
American Municipal Power Ohio Inc. Revenue | ||||
(Prairie State Energy Campus Project) | 7.834% | 2/15/41 | 3,625 | 5,659 |
American Municipal Power Ohio Inc. Revenue | ||||
(Prairie State Energy Campus Project) | 6.053% | 2/15/43 | 400 | 539 |
American Municipal Power Ohio Inc. Revenue | ||||
(Prairie State Energy Campus Project) | 5.939% | 2/15/47 | 6,245 | 8,201 |
American Municipal Power Ohio Inc. Revenue | ||||
(Prairie State Energy Campus Project) | 6.270% | 2/15/50 | 1,090 | 1,426 |
American Municipal Power Ohio Inc. Revenue | ||||
(Prairie State Energy Campus Project) | 7.499% | 2/15/50 | 750 | 1,139 |
American Municipal Power Ohio Inc. Revenue | ||||
(Prairie State Energy Campus Project) | 8.084% | 2/15/50 | 2,850 | 4,857 |
Bay Area Toll Authority California Toll Bridge | ||||
Revenue (San Francisco Bay Area) | 6.918% | 4/1/40 | 1,600 | 2,309 |
Bay Area Toll Authority California Toll Bridge | ||||
Revenue (San Francisco Bay Area) | 6.263% | 4/1/49 | 13,058 | 19,291 |
Bay Area Toll Authority California Toll Bridge | ||||
Revenue (San Francisco Bay Area) | 7.043% | 4/1/50 | 2,425 | 3,831 |
Bay Area Toll Authority California Toll Bridge | ||||
Revenue (San Francisco Bay Area) | 6.907% | 10/1/50 | 6,940 | 10,961 |
California Department of Water Resources | ||||
Power Supply Revenue | 2.000% | 5/1/22 | 9,000 | 8,796 |
California GO | 6.200% | 3/1/19 | 1,100 | 1,153 |
California GO | 6.200% | 10/1/19 | 4,710 | 5,048 |
California GO | 5.700% | 11/1/21 | 9,805 | 10,933 |
California GO | 2.367% | 4/1/22 | 9,245 | 9,216 |
California GO | 7.500% | 4/1/34 | 14,705 | 21,775 |
California GO | 7.550% | 4/1/39 | 17,145 | 26,980 |
California GO | 7.300% | 10/1/39 | 11,735 | 17,507 |
California GO | 7.350% | 11/1/39 | 12,325 | 18,496 |
California GO | 7.625% | 3/1/40 | 14,230 | 22,262 |
California GO | 7.600% | 11/1/40 | 20,015 | 31,963 |
California State University Systemwide | ||||
Revenue | 3.899% | 11/1/47 | 2,300 | 2,419 |
153
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
Central Puget Sound WA Regional Transit | ||||
Authority Sales & Use Tax Revenue | 5.491% | 11/1/39 | 615 | 787 |
Chicago IL GO | 7.045% | 1/1/29 | 4,950 | 5,471 |
Chicago IL GO | 7.375% | 1/1/33 | 1,850 | 2,140 |
Chicago IL GO | 7.781% | 1/1/35 | 825 | 989 |
Chicago IL GO | 5.432% | 1/1/42 | 2,500 | 2,408 |
Chicago IL GO | 6.314% | 1/1/44 | 2,400 | 2,558 |
Chicago IL Metropolitan Water Reclamation | ||||
District GO | 5.720% | 12/1/38 | 5,160 | 6,710 |
Chicago IL O’Hare International Airport | ||||
Revenue | 6.395% | 1/1/40 | 1,320 | 1,842 |
Chicago IL Transit Authority Sales Tax | ||||
Receipts Revenue | 6.200% | 12/1/40 | 1,750 | 2,278 |
Chicago IL Transit Authority Transfer Tax | ||||
Receipts Revenue | 6.899% | 12/1/40 | 4,835 | 6,556 |
Chicago IL Water Revenue | 6.742% | 11/1/40 | 4,400 | 5,855 |
Clark County NV Airport System Revenue | 6.881% | 7/1/42 | 550 | 590 |
Clark County NV Airport System Revenue | 6.820% | 7/1/45 | 3,400 | 5,304 |
Connecticut GO | 5.632% | 12/1/29 | 1,610 | 1,864 |
Connecticut GO | 5.090% | 10/1/30 | 800 | 888 |
Connecticut GO | 5.850% | 3/15/32 | 9,015 | 10,842 |
Cook County IL GO | 6.229% | 11/15/34 | 1,750 | 2,221 |
Dallas County TX Hospital District Revenue | 5.621% | 8/15/44 | 850 | 1,061 |
Dallas TX Area Rapid Transit Revenue | 5.999% | 12/1/44 | 1,800 | 2,484 |
Dallas TX Area Rapid Transit Revenue | 5.022% | 12/1/48 | 2,935 | 3,660 |
Dallas TX Convention Center Hotel | ||||
Development Corp. Hotel Revenue | 7.088% | 1/1/42 | 6,950 | 9,442 |
Dallas TX Independent School District GO | 6.450% | 2/15/35 | 1,500 | 1,674 |
District of Columbia Income Tax Revenue | 5.591% | 12/1/34 | 450 | 556 |
District of Columbia Water & Sewer | ||||
Authority Public Utility Revenue | 4.814% | 10/1/14 | 8,750 | 10,228 |
East Bay CA Municipal Utility District | ||||
Water System Revenue | 5.874% | 6/1/40 | 1,415 | 1,895 |
Emory University Georgia GO | 5.625% | 9/1/19 | 1,430 | 1,500 |
Energy Northwest Washington Electric | ||||
Revenue (Columbia Generating Station) | 2.197% | 7/1/19 | 2,000 | 2,001 |
Florida Board of Administration Finance | ||||
Corp Revenue | 2.638% | 7/1/21 | 5,000 | 5,005 |
Florida Hurricane Catastrophe Fund Finance | ||||
Corp. Revenue | 2.995% | 7/1/20 | 16,150 | 16,361 |
George Washington University District of | ||||
Columbia GO | 3.485% | 9/15/22 | 6,750 | 6,924 |
George Washington University District of | ||||
Columbia GO | 4.300% | 9/15/44 | 1,500 | 1,624 |
George Washington University District of | ||||
Columbia GO | 4.868% | 9/15/45 | 39 | 46 |
Georgia Municipal Electric Power Authority | ||||
Revenue | 6.637% | 4/1/57 | 7,120 | 9,127 |
Georgia Municipal Electric Power Authority | ||||
Revenue | 6.655% | 4/1/57 | 6,650 | 8,376 |
Georgia Municipal Electric Power Authority | ||||
Revenue | 7.055% | 4/1/57 | 5,100 | 6,285 |
Houston TX GO | 6.290% | 3/1/32 | 13,840 | 16,323 |
Illinois GO | 4.950% | 6/1/23 | 2,125 | 2,218 |
154
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Illinois GO | 5.100% | 6/1/33 | 44,760 | 44,686 | |
Illinois GO | 6.630% | 2/1/35 | 5,400 | 5,992 | |
Illinois GO | 6.725% | 4/1/35 | 3,550 | 3,942 | |
Illinois GO | 7.350% | 7/1/35 | 5,800 | 6,706 | |
Illinois Toll Highway Authority Revenue | 6.184% | 1/1/34 | 4,220 | 5,477 | |
JobsOhio Beverage System Statewide Liquor | |||||
Profits Revenue | 3.985% | 1/1/29 | 3,640 | 3,859 | |
JobsOhio Beverage System Statewide Liquor | |||||
Profits Revenue | 4.532% | 1/1/35 | 2,250 | 2,519 | |
Kansas Department of Transportation | |||||
Highway Revenue | 4.596% | 9/1/35 | 2,700 | 3,071 | |
Kansas Development Finance Authority | |||||
Revenue | 4.927% | 4/15/45 | 100 | 114 | |
16 | Kansas Development Finance Authority | ||||
Revenue (Public Employees Retirement | |||||
System) | 5.501% | 5/1/34 | 2,025 | 2,377 | |
Los Angeles CA Community College | |||||
District GO | 6.750% | 8/1/49 | 4,250 | 6,597 | |
Los Angeles CA Department of Water & | |||||
Power Revenue | 5.716% | 7/1/39 | 1,650 | 2,177 | |
Los Angeles CA Department of Water & | |||||
Power Revenue | 6.166% | 7/1/40 | 600 | 657 | |
Los Angeles CA Department of Water & | |||||
Power Revenue | 6.574% | 7/1/45 | 6,555 | 9,865 | |
Los Angeles CA Department of Water & | |||||
Power Revenue | 6.603% | 7/1/50 | 600 | 932 | |
Los Angeles CA Unified School District GO | 5.755% | 7/1/29 | 5,195 | 6,358 | |
Los Angeles CA Unified School District GO | 5.750% | 7/1/34 | 10,295 | 13,128 | |
Los Angeles CA Unified School District GO | 6.758% | 7/1/34 | 3,150 | 4,351 | |
Los Angeles County CA Metropolitan | |||||
Transportation Authority Sales Tax Revenue | 5.735% | 6/1/39 | 6,300 | 7,949 | |
Los Angeles County CA Public Works | |||||
Financing Authority Lease Revenue | 7.618% | 8/1/40 | 850 | 1,320 | |
Maryland Transportation Authority Facilities | |||||
Projects Revenue | 5.888% | 7/1/43 | 800 | 1,067 | |
Massachusetts GO | 4.200% | 12/1/21 | 8,980 | 9,417 | |
Massachusetts GO | 5.456% | 12/1/39 | 5,250 | 6,689 | |
Massachusetts School Building Authority | |||||
Dedicated Sales Tax Revenue | 5.715% | 8/15/39 | 2,750 | 3,502 | |
Massachusetts Transportation Fund Revenue | 5.731% | 6/1/40 | 425 | 554 | |
Metropolitan Government of Nashville & | |||||
Davidson County TN Convention Center | |||||
Authority Tourism Tax Revenue | 6.731% | 7/1/43 | 1,500 | 2,071 | |
Metropolitan Washington DC/VA Airports | |||||
Authority Dulles Toll Road Revenue | 7.462% | 10/1/46 | 4,625 | 7,096 | |
Mississippi GO | 5.245% | 11/1/34 | 1,350 | 1,616 | |
Missouri Health & Educational Facilities | |||||
Authority Revenue (Washington University) | 3.652% | 8/15/57 | 3,500 | 3,557 | |
Missouri Highways & Transportation | |||||
Commission Road Revenue | 5.445% | 5/1/33 | 600 | 727 | |
17 | New Jersey Economic Development | ||||
Authority Revenue (State Pension Funding) | 7.425% | 2/15/29 | 10,515 | 13,151 | |
New Jersey Transportation Trust Fund | |||||
Authority Transportation System Revenue | 5.754% | 12/15/28 | 7,680 | 8,817 |
155
Total Bond Market II Index Fund | ||||
Face | Market | |||
Maturity | Amount | Value • | ||
Coupon | Date | ($000) | ($000) | |
New Jersey Transportation Trust Fund | ||||
Authority Transportation System Revenue | 6.561% | 12/15/40 | 3,180 | 4,214 |
New Jersey Turnpike Authority Revenue | 7.414% | 1/1/40 | 10,960 | 16,917 |
New Jersey Turnpike Authority Revenue | 7.102% | 1/1/41 | 16,526 | 24,689 |
New York City NY GO | 6.646% | 12/1/31 | 100 | 112 |
New York City NY GO | 6.246% | 6/1/35 | 950 | 1,035 |
New York City NY GO | 5.517% | 10/1/37 | 3,225 | 4,068 |
New York City NY GO | 6.271% | 12/1/37 | 5,500 | 7,427 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 5.750% | 6/15/41 | 500 | 683 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 5.790% | 6/15/41 | 4,000 | 4,324 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 5.724% | 6/15/42 | 795 | 1,078 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 5.952% | 6/15/42 | 1,000 | 1,397 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 6.011% | 6/15/42 | 350 | 492 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 6.282% | 6/15/42 | 2,275 | 2,525 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 5.440% | 6/15/43 | 2,580 | 3,395 |
New York City NY Municipal Water Finance | ||||
Authority Water & Sewer System Revenue | 5.882% | 6/15/44 | 13,590 | 18,801 |
New York City NY Transitional Finance | ||||
Authority Future Tax Revenue | 5.767% | 8/1/36 | 2,925 | 3,672 |
New York City NY Transitional Finance | ||||
Authority Future Tax Revenue | 5.508% | 8/1/37 | 3,800 | 4,835 |
New York City NY Transitional Finance | ||||
Authority Future Tax Revenue | 5.572% | 11/1/38 | 1,000 | 1,266 |
New York Metropolitan Transportation | ||||
Authority Revenue (Dedicated Tax Fund) | 7.336% | 11/15/39 | 9,600 | 14,855 |
New York Metropolitan Transportation | ||||
Authority Revenue (Transit Revenue) | 5.871% | 11/15/39 | 975 | 1,256 |
New York Metropolitan Transportation | ||||
Authority Revenue (Transit Revenue) | 6.668% | 11/15/39 | 6,360 | 9,002 |
New York State Dormitory Authority | ||||
Revenue (Personal Income Tax) | 5.628% | 3/15/39 | 1,150 | 1,436 |
New York State Dormitory Authority | ||||
Revenue (Personal Income Tax) | 5.600% | 3/15/40 | 1,785 | 2,291 |
New York State Urban Development Corp. | ||||
Revenue (Personal Income Tax) | 5.770% | 3/15/39 | 2,375 | 2,904 |
New York University Hospitals Center | ||||
Revenue | 5.750% | 7/1/43 | 3,100 | 4,031 |
North Texas Tollway Authority System | ||||
Revenue | 6.718% | 1/1/49 | 4,825 | 7,340 |
Ohio State University General Receipts | ||||
Revenue | 4.910% | 6/1/40 | 1,575 | 1,908 |
Ohio State University General Receipts | ||||
Revenue | 3.798% | 12/1/46 | 4,500 | 4,649 |
Ohio State University General Receipts | ||||
Revenue | 4.800% | 6/1/11 | 5,531 | 6,213 |
Ohio Water Development Authority Water | ||||
Pollution Control Loan Fund Revenue | 4.879% | 12/1/34 | 1,050 | 1,210 |
156
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
Oregon Department of Transportation | |||||
Highway User Tax Revenue | 5.834% | 11/15/34 | 2,060 | 2,653 | |
Oregon GO | 5.762% | 6/1/23 | 680 | 747 | |
Oregon GO | 5.892% | 6/1/27 | 1,725 | 2,075 | |
16 | Oregon School Boards Association GO | 5.528% | 6/30/28 | 375 | 433 |
Pennsylvania Public School Building Authority | |||||
Lease Revenue (School District of | |||||
Philadelphia) | 5.000% | 9/15/27 | 1,947 | 2,178 | |
Pennsylvania Turnpike Commission Revenue | 5.511% | 12/1/45 | 2,250 | 2,943 | |
Port Authority of New York & New Jersey | |||||
Revenue | 6.040% | 12/1/29 | 2,000 | 2,548 | |
Port Authority of New York & New Jersey | |||||
Revenue | 5.647% | 11/1/40 | 4,900 | 6,427 | |
Port Authority of New York & New Jersey | |||||
Revenue | 5.647% | 11/1/40 | 3,050 | 4,000 | |
Port Authority of New York & New Jersey | |||||
Revenue | 4.960% | 8/1/46 | 5,025 | 6,228 | |
Port Authority of New York & New Jersey | |||||
Revenue | 5.310% | 8/1/46 | 3,350 | 3,752 | |
Port Authority of New York & New Jersey | |||||
Revenue | 4.926% | 10/1/51 | 5,510 | 6,808 | |
Port Authority of New York & New Jersey | |||||
Revenue | 4.458% | 10/1/62 | 13,850 | 15,993 | |
Port Authority of New York & New Jersey | |||||
Revenue | 4.810% | 10/15/65 | 7,560 | 9,209 | |
Port of Morrow OR Transmission Facilities | |||||
Revenue (Bonneville Cooperation Project) | 2.987% | 9/1/36 | 105 | 98 | |
President & Fellows of Harvard College | |||||
Massachusetts GO | 4.875% | 10/15/40 | 3,680 | 4,580 | |
President & Fellows of Harvard College | |||||
Massachusetts GO | 3.150% | 7/15/46 | 3,000 | 2,915 | |
Princeton University New Jersey GO | 4.950% | 3/1/19 | 3,400 | 3,507 | |
Princeton University New Jersey GO | 5.700% | 3/1/39 | 6,650 | 8,795 | |
Regents of the University of California | |||||
Revenue | 3.063% | 7/1/25 | 4,000 | 4,044 | |
Regional Transportation District of Colorado | |||||
Sales Tax Revenue | 5.844% | 11/1/50 | 1,250 | 1,703 | |
Rutgers State University New Jersey | |||||
Revenue | 5.665% | 5/1/40 | 2,900 | 3,562 | |
Sales Tax Securitization Corp. | 3.587% | 1/1/43 | 3,400 | 3,394 | |
Salt River Project Arizona Agricultural | |||||
Improvement & Power District Revenue | 4.839% | 1/1/41 | 3,250 | 3,911 | |
San Antonio TX Electric & Gas Systems | |||||
Revenue | 5.985% | 2/1/39 | 1,550 | 2,087 | |
San Antonio TX Electric & Gas Systems | |||||
Revenue | 5.808% | 2/1/41 | 7,000 | 9,304 | |
San Antonio TX Electric & Gas Systems | |||||
Revenue | 4.427% | 2/1/42 | 1,410 | 1,629 | |
San Diego County CA Regional | |||||
Transportation Commission Sales Tax | |||||
Revenue | 5.911% | 4/1/48 | 1,470 | 2,012 | |
San Diego County CA Water Authority | |||||
Revenue | 6.138% | 5/1/49 | 6,180 | 8,731 |
157
Total Bond Market II Index Fund | |||||
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
San Francisco CA City & County Public | |||||
Utilities Commission Water Revenue | 6.950% | 11/1/50 | 5,750 | 8,589 | |
San Jose CA Redevelopment | |||||
Agency Successor Agency Tax Allocation | 3.375% | 8/1/34 | 3,600 | 3,547 | |
Santa Clara Valley CA Transportation | |||||
Authority Sales Tax Revenue | 5.876% | 4/1/32 | 3,355 | 4,066 | |
South Carolina Public Service Authority | |||||
Revenue | 2.388% | 12/1/23 | 2,000 | 1,904 | |
South Carolina Public Service Authority | |||||
Revenue | 6.454% | 1/1/50 | 6,925 | 9,399 | |
Stanford University California GO | 4.750% | 5/1/19 | 100 | 103 | |
Texas GO | 5.517% | 4/1/39 | 7,590 | 9,964 | |
Texas Transportation Commission Revenue | 5.178% | 4/1/30 | 3,850 | 4,626 | |
Texas Transportation Commission Revenue | 4.631% | 4/1/33 | 4,000 | 4,543 | |
Texas Transportation Commission Revenue | 4.681% | 4/1/40 | 1,375 | 1,627 | |
University of California Regents Medical | |||||
Center Revenue | 6.548% | 5/15/48 | 4,925 | 6,983 | |
University of California Regents Medical | |||||
Center Revenue | 6.583% | 5/15/49 | 1,055 | 1,484 | |
University of California Revenue | 4.601% | 5/15/31 | 12,830 | 14,260 | |
University of California Revenue | 5.770% | 5/15/43 | 5,790 | 7,573 | |
University of California Revenue | 5.946% | 5/15/45 | 5,510 | 7,216 | |
University of California Revenue | 4.858% | 5/15/12 | 8,065 | 9,002 | |
University of California Revenue | 4.767% | 5/15/15 | 175 | 191 | |
University of North Carolina University | |||||
System Revenue | 3.327% | 12/1/36 | 90 | 92 | |
University of Southern California GO | 5.250% | 10/1/11 | 1,800 | 2,244 | |
University of Texas Permanent University | |||||
Fund Revenue | 3.376% | 7/1/47 | 4,400 | 4,420 | |
University of Texas Revenue | 3.354% | 8/15/47 | 2,375 | 2,388 | |
University of Texas System Revenue | |||||
Financing System Revenue | 6.276% | 8/15/41 | 525 | 560 | |
University of Texas System Revenue | |||||
Financing System Revenue | 5.134% | 8/15/42 | 150 | 186 | |
University of Texas System Revenue | |||||
Financing System Revenue | 4.794% | 8/15/46 | 1,665 | 2,000 | |
University of Virginia Revenue | 4.179% | 9/1/17 | 2,400 | 2,503 | |
Utah GO | 4.554% | 7/1/24 | 7,705 | 8,335 | |
Utah GO | 3.539% | 7/1/25 | 4,400 | 4,586 | |
Washington GO | 5.140% | 8/1/40 | 1,920 | 2,424 | |
Wisconsin Annual Appropriation Revenue | 3.954% | 5/1/36 | 9,400 | 9,776 | |
Wisconsin General Fund Annual | |||||
Appropriation Revenue | 3.154% | 5/1/27 | 3,000 | 3,042 | |
16 | Wisconsin GO | 5.700% | 5/1/26 | 3,020 | 3,464 |
Total Taxable Municipal Bonds (Cost $907,542) | 1,022,548 |
158
Total Bond Market II Index Fund | |||
Market | |||
Value• | |||
Coupon | Shares | ($000) | |
Temporary Cash Investment (3.6%) | |||
Money Market Fund (3.6%) | |||
18 Vanguard Market Liquidity Fund | |||
(Cost $5,391,094) | 1.458% | 53,908,100 | 5,391,349 |
Total Investments (102.9%) (Cost $151,641,796) | 152,826,186 | ||
Amount | |||
($000) | |||
Other Assets and Liabilities (-2.9%) | |||
Other Assets | |||
Investment in Vanguard | 7,969 | ||
Receivables for Investment Securities Sold | 208,235 | ||
Receivables for Accrued Income | 860,752 | ||
Receivables for Capital Shares Issued | 193,558 | ||
Other Assets | 52,672 | ||
Total Other Assets | 1,323,186 | ||
Liabilities | |||
Payables for Investment Securities Purchased | (5,545,998) | ||
Payables for Capital Shares Redeemed | (66,512) | ||
Payables to Vanguard | (45,120) | ||
Other Liabilities | (9,629) | ||
Total Liabilities | (5,667,259) | ||
Net Assets (100%) | 148,482,113 | ||
At December 31, 2017, net assets consisted of: | |||
Amount | |||
($000) | |||
Paid-in Capital | 147,303,200 | ||
Overdistributed Net Investment Income | (4,741) | ||
Accumulated Net Realized Losses | (736) | ||
Unrealized Appreciation (Depreciation) | 1,184,390 | ||
Net Assets | 148,482,113 | ||
Investor Shares—Net Assets | |||
Applicable to 8,320,098,452 outstanding $.001 par value shares of | |||
beneficial interest (unlimited authorization) | 89,183,208 | ||
Net Asset Value Per Share—Investor Shares | $10.72 |
159
Total Bond Market II Index Fund | |
Amount | |
($000) | |
Institutional Shares—Net Assets | |
Applicable to 5,532,134,896 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 59,298,905 |
Net Asset Value Per Share—Institutional Shares | $10.72 |
• See Note A in Notes to Financial Statements.
1 Securities with a value of $4,787,000 have been segregated as collateral for certain open To Be Announced (TBA) transactions.
2 U.S. government-guaranteed.
3 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S. Treasury nor backed
by the full faith and credit of the U.S. government.
4 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed
by the Federal Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth,
in exchange for senior preferred stock.
5 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments
and prepayments or the possibility of the issue being called.
6 Includes securities purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of
December 31, 2017.
7 Adjustable-rate security based upon 6-month USD LIBOR plus spread.
8 Adjustable-rate security based upon one-year Constant Maturity Treasury yield plus spread.
9 Adjustable-rate security based upon 12-month USD LIBOR plus spread.
10 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions
exempt from registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value of these securities
was $1,387,016,000, representing 0.9% of net assets.
11 Guaranteed by the Government of Canada.
12 Guaranteed by the Federal Republic of Germany.
13 Guaranteed by the Government of Japan.
14 Guaranteed by the Republic of Austria.
15 Guaranteed by the Republic of the Philippines.
16 Scheduled principal and interest payments are guaranteed by AGM (Assured Guaranty Municipal Corporation).
17 Scheduled principal and interest payments are guaranteed by National Public Finance Guarantee Corp.
18 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown
is the 7-day yield.
GO—General Obligation Bond.
REIT—Real Estate Investment Trust.
See accompanying Notes, which are an integral part of the Financial Statements.
160
Total Bond Market II Index Fund | |
Statement of Operations | |
Year Ended | |
December31,2017 | |
($000) | |
Investment Income | |
Income | |
Interest1 | 3,292,837 |
Total Income | 3,292,837 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 4,175 |
Management and Administrative—Investor Shares | 49,628 |
Management and Administrative—Institutional Shares | 7,462 |
Marketing and Distribution—Investor Shares | 14,740 |
Marketing and Distribution—Institutional Shares | 1,498 |
Custodian Fees | 1,104 |
Auditing Fees | 238 |
Shareholders’ Reports and Proxy—Investor Shares | 1,955 |
Shareholders’ Reports and Proxy—Institutional Shares | 1 |
Trustees’ Fees and Expenses | 93 |
Total Expenses | 80,894 |
Net Investment Income | 3,211,943 |
Realized Net Gain (Loss) on Investment Securities Sold1 | 105,760 |
Change in Unrealized Appreciation (Depreciation) of Investment Securities1 | 1,171,807 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 4,489,510 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $45,619,000, ($224,000), and $21,000, respectively.
See accompanying Notes, which are an integral part of the Financial Statements.
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Total Bond Market II Index Fund | ||
Statement of Changes in Net Assets | ||
Year Ended December 31, | ||
2017 | 2016 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 3,211,943 | 2,376,901 |
Realized Net Gain (Loss) | 105,760 | 93,758 |
Change in Unrealized Appreciation (Depreciation) | 1,171,807 | (418,115) |
Net Increase (Decrease) in Net Assets Resulting from Operations | 4,489,510 | 2,052,544 |
Distributions | ||
Net Investment Income | ||
Investor Shares | (1,900,130) | (1,410,749) |
Institutional Shares | (1,309,567) | (968,904) |
Realized Capital Gain1 | ||
Investor Shares | (18,704) | (72,380) |
Institutional Shares | (12,504) | (47,951) |
Total Distributions | (3,240,905) | (2,499,984) |
Capital Share Transactions | ||
Investor Shares | 20,048,922 | 13,248,605 |
Institutional Shares | 13,171,528 | 9,059,393 |
Net Increase (Decrease) from Capital Share Transactions | 33,220,450 | 22,307,998 |
Total Increase (Decrease) | 34,469,055 | 21,860,558 |
Net Assets | ||
Beginning of Period | 114,013,058 | 92,152,500 |
End of Period2 | 148,482,113 | 114,013,058 |
1 Includes fiscal 2017 and 2016 short-term gain distributions totaling $0 and $88,465,000, respectively. Short-term gain distributions
are treated as ordinary income dividends for tax purposes.
2 Net Assets—End of Period includes undistributed (overdistributed) net investment income of ($4,741,000) and ($6,729,000).
See accompanying Notes, which are an integral part of the Financial Statements.
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Total Bond Market II Index Fund | |||||
Financial Highlights | |||||
Investor Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.61 | $10.60 | $10.84 | $10.49 | $10.97 |
Investment Operations | |||||
Net Investment Income | . 2591 | .251 | .248 | .242 | .221 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .112 | .022 | (.216) | .375 | (.467) |
Total from Investment Operations | .371 | .273 | .032 | .617 | (.246) |
Distributions | |||||
Dividends from Net Investment Income | (. 259) | (. 252) | (. 248) | (. 242) | (. 221) |
Distributions from Realized Capital Gains | (. 002) | (. 011) | (. 024) | (. 025) | (. 013) |
Total Distributions | (. 261) | (. 263) | (. 272) | (. 267) | (. 234) |
Net Asset Value, End of Period | $10.72 | $10.61 | $10.60 | $10.84 | $10.49 |
Total Return2 | 3.53% | 2.55% | 0.28% | 5.93% | -2.26% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $89,183 | $68,381 | $55,392 | $54,268 | $47,497 |
Ratio of Total Expenses to Average Net Assets | 0.09% | 0.09% | 0.09% | 0.10% | 0.12% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.42% | 2.31% | 2.30% | 2.26% | 2.07% |
Portfolio Turnover Rate 3 | 80% | 88% | 116% | 108%4 | 111%4 |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Includes 26%, 24%, 46%, 56%, and 52% attributable to mortgage-dollar-roll activity.
4 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s
capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
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Total Bond Market II Index Fund | |||||
Financial Highlights | |||||
Institutional Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.61 | $10.60 | $10.84 | $10.49 | $10.97 |
Investment Operations | |||||
Net Investment Income | . 2671 | .259 | .256 | .248 | .228 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .112 | .022 | (.216) | .375 | (.467) |
Total from Investment Operations | .379 | .281 | .040 | .623 | (.239) |
Distributions | |||||
Dividends from Net Investment Income | (. 267) | (. 260) | (. 256) | (. 248) | (. 228) |
Distributions from Realized Capital Gains | (. 002) | (. 011) | (. 024) | (. 025) | (. 013) |
Total Distributions | (. 269) | (. 271) | (. 280) | (. 273) | (. 241) |
Net Asset Value, End of Period | $10.72 | $10.61 | $10.60 | $10.84 | $10.49 |
Total Return | 3.60% | 2.62% | 0.35% | 5.99% | -2.20% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $59,299 | $45,632 | $36,760 | $36,485 | $25,093 |
Ratio of Total Expenses to Average Net Assets | 0.02% | 0.02% | 0.02% | 0.05% | 0.05% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.49% | 2.38% | 2.37% | 2.31% | 2.14% |
Portfolio Turnover Rate 2 | 80% | 88% | 116% | 108%3 | 111%3 |
1 Calculated based on average shares outstanding.
2 Includes 26%, 24%, 46%, 56%, and 52% attributable to mortgage-dollar-roll activity.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s
capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
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Total Bond Market II Index Fund
Notes to Financial Statements
Vanguard Total Bond Market II Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund has been established by Vanguard as an investment vehicle for Vanguard funds of funds as well as certain similar trusts and accounts (“eligible investors”). The fund is not available to other investors. Certain of the fund’s investments are in corporate debt instruments; the issuers’ abilities to meet their obligations may be affected by economic developments in their respective industries. The fund offers two classes of shares: Investor Shares and Institutional Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. Institutional Shares are designed for investors who meet certain administrative, service, and account-size criteria.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Structured debt securities, including mortgages and asset-backed securities, are valued using the latest bid prices or using valuations based on a matrix system that considers such factors as issuer, tranche, nominal or option-adjusted spreads, weighted average coupon, weighted average maturity, credit enhancements, and collateral. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
2. To Be Announced (TBA) Transactions: A TBA transaction is an agreement to buy or sell mortgage-backed securities with agreed-upon characteristics (face amount, coupon, maturity) for settlement at a future date. The fund may be a seller of TBA transactions to reduce its exposure to the mortgage-backed securities market or in order to sell mortgage-backed securities it owns under delayed-delivery arrangements. When the fund is a buyer of TBA transactions, it maintains cash or short-term investments in an amount sufficient to meet the purchase price at the settlement date of the TBA transaction. The primary risk associated with TBA transactions is that a counterparty may default on its obligations. The fund mitigates its counterparty risk by, among other things, performing a credit analysis of counterparties, allocating transactions among numerous counterparties, and monitoring its exposure to each counterparty. The fund may also enter into a Master Securities Forward Transaction Agreement (MSFTA) with certain counterparties and require them to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. Under an MSFTA, upon a counterparty default (including bankruptcy), the fund may terminate any TBA transactions with that counterparty, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements.
3. Mortgage Dollar Rolls: The fund enters into mortgage-dollar-roll transactions, in which the fund sells mortgage-backed securities to a dealer and simultaneously agrees to purchase similar securities in the future at a predetermined price. The proceeds of the securities sold in mortgage-dollar-roll transactions are typically invested in high-quality short-term fixed income securities. The
165
Total Bond Market II Index Fund
fund forgoes principal and interest paid on the securities sold, and is compensated by interest earned on the proceeds of the sale and by a lower price on the securities to be repurchased. The fund has also entered into mortgage-dollar-roll transactions in which the fund buys mortgage-backed securities from a dealer pursuant to a TBA transaction and simultaneously agrees to sell similar securities in the future at a predetermined price. The securities bought in mortgage-dollar-roll transactions are used to cover an open TBA sell position. The fund continues to earn interest on mortgage-backed security pools already held and receives a lower price on the securities to be sold in the future. The fund accounts for mortgage-dollar-roll transactions as purchases and sales; as such, these transactions may increase the fund’s portfolio turnover rate. Amounts to be received or paid in connection with open mortgage dollar rolls are included in Receivables for Investment Securities Sold or Payables for Investment Securities Purchased in the Statement of Net Assets.
4. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2014–2017), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
5. Distributions: Distributions from net investment income are declared daily and paid on the first business day of the following month. Annual distributions from realized capital gains, if any, are recorded on the ex-dividend date.
6. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at December 31, 2017, or at any time during the period then ended.
7. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
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Total Bond Market II Index Fund
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At December 31, 2017, the fund had contributed to Vanguard capital in the amount of $7,969,000, representing 0.01% of the fund’s net assets and 3.19% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable inputs are noted on the Statement of Net Assets.
The following table summarizes the market value of the fund’s investments as of December 31, 2017, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | |
Investments | ($000) | ($000) | ($000) |
U.S. Government and Agency Obligations | — | 95,601,682 | — |
Asset-Backed/Commercial Mortgage-Backed Securities | — | 3,338,869 | — |
Corporate Bonds | — | 40,523,057 | — |
Sovereign Bonds | — | 6,948,681 | — |
Taxable Municipal Bonds | — | 1,022,548 | — |
Temporary Cash Investments | 5,391,349 | — | — |
Total | 5,391,349 | 147,434,837 | — |
D. Capital gain distributions are determined on a tax basis and may differ from realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when gains or losses are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future.
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Total Bond Market II Index Fund
For tax purposes, at December 31, 2017, the fund used capital loss carryforwards of $53,576,000 to offset taxable capital gains realized during the year ended December 31, 2017, reducing the amount of capital gains that would otherwise be available to distribute to shareholders. For tax purposes, at December 31, 2017, the fund had $1,046,000 of long-term capital gains available for distribution.
At December 31, 2017, the cost of investment securities for tax purposes was $151,641,796,000. Net unrealized appreciation of investment securities for tax purposes was $1,184,390,000, consisting of unrealized gains of $2,286,209,000 on securities that had risen in value since their purchase and $1,101,819,000 in unrealized losses on securities that had fallen in value since their purchase.
E. During the year ended December 31, 2017, the fund purchased $18,570,569,000 of investment securities and sold $8,282,828,000 of investment securities, other than U.S. government securities and temporary cash investments. Purchases and sales of U.S. government securities were $118,578,339,000 and $95,841,245,000, respectively.
F. Capital share transactions for each class of shares were:
Year Ended December 31, | ||||
2017 | 2016 | |||
Amount | Shares | Amount | Shares | |
($000) | (000) | ($000) | (000) | |
Investor Shares | ||||
Issued | 25,241,025 | 2,358,534 | 21,070,079 | 1,945,840 |
Issued in Lieu of Cash Distributions | 1,914,901 | 178,687 | 1,483,130 | 136,610 |
Redeemed | (7,107,004) | (663,041) | (9,304,604) | (860,218) |
Net Increase (Decrease)—Investor Shares | 20,048,922 | 1,874,180 | 13,248,605 | 1,222,232 |
Institutional Shares | ||||
Issued | 21,317,171 | 1,993,650 | 13,582,180 | 1,252,726 |
Issued in Lieu of Cash Distributions | 1,320,446 | 123,217 | 1,016,855 | 93,652 |
Redeemed | (9,466,089) | (886,223) | (5,539,642) | (511,493) |
Net Increase (Decrease)—Institutional Shares | 13,171,528 | 1,230,644 | 9,059,393 | 834,885 |
G. Management has determined that no material events or transactions occurred subsequent to December 31, 2017, that would require recognition or disclosure in these financial statements.
168
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard Bond Index Funds and Shareholders of Vanguard Total Bond Market II Index Fund
Opinion on the Financial Statements
We have audited the accompanying statement of net assets of Vanguard Total Bond Market II Index Fund (one of the funds constituting Vanguard Bond Index Funds, referred to hereafter as the “Fund”) as of December 31, 2017, the related statement of operations for the year ended December 31, 2017, the statement of changes in net assets for each of the two years in the period ended December 31, 2017, including the related notes, and the financial highlights for each of the five years in the period ended December 31, 2017 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of December 31, 2017, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended December 31, 2017 and the financial highlights for each of the five years in the period ended December 31, 2017 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of December 31, 2017 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
February 14, 2018
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
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Special 2017 tax information (unaudited) for Vanguard Total Bond Market II Index Fund
This information for the fiscal year ended December 31, 2017, is included pursuant to provisions of the Internal Revenue Code.
The fund distributed $33,925,000 as capital gain dividends (20% rate gain distributions) to shareholders during the fiscal year.
For nonresident alien shareholders, 86.3% of income dividends are interest-related dividends.
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About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“
• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
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Six Months Ended December 31, 2017 | |||
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
Total Bond Market II Index Fund | 6/30/2017 | 12/31/2017 | Period |
Based on Actual Fund Return | |||
Investor Shares | $1,000.00 | $1,011.54 | $0.46 |
Institutional Shares | 1,000.00 | 1,011.88 | 0.10 |
Based on Hypothetical 5% Yearly Return | |||
Investor Shares | $1,000.00 | $1,024.75 | $0.46 |
Institutional Shares | 1,000.00 | 1,025.10 | 0.10 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.09% for Investor Shares and 0.02% for Institutional Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/365).
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Glossary
30-Day SEC Yield. A fund’s 30-day SEC yield is derived using a formula specified by the U.S. Securities and Exchange Commission. Under the formula, data related to the fund’s security holdings in the previous 30 days are used to calculate the fund’s hypothetical net income for that period, which is then annualized and divided by the fund’s estimated average net assets over the calculation period. For the purposes of this calculation, a security’s income is based on its current market yield to maturity (for bonds), its actual income (for asset-backed securities), or its projected dividend yield (for stocks). Because the SEC yield represents hypothetical annualized income, it will differ—at times significantly—from the fund’s actual experience. As a result, the fund’s income distributions may be higher or lower than implied by the SEC yield.
Average Coupon. The average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.
Average Duration. An estimate of how much the value of the bonds held by a fund will fluctuate in response to a change in interest rates. To see how the value could change, multiply the average duration by the change in rates. If interest rates rise by 1 percentage point, the value of the bonds in a fund with an average duration of five years would decline by about 5%. If rates decrease by a percentage point, the value would rise by 5%.
Average Effective Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures contracts held. In general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.
Beta. A measure of the magnitude of a fund’s past share-price fluctuations in relation to the ups and downs of a given market index. The index is assigned a beta of 1.00. Compared with a given index, a fund with a beta of 1.20 typically would have seen its share price rise or fall by 12% when the index rose or fell by 10%. For this report, beta is based on returns over the past 36 months for both the fund and the index. Note that a fund’s beta should be reviewed in conjunction with its R-squared (see definition). The lower the R-squared, the less correlation there is between the fund and the index, and the less reliable beta is as an indicator of volatility.
Credit Quality. Credit-quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). U.S. Treasury, U.S. Agency, and U.S. Agency mortgage-backed securities appear under “U.S. Government.” Credit-quality ratings are obtained from Barclays and are from Moody’s, Fitch, and S&P. When ratings from all three agencies are used, the median rating is shown. When ratings from two of the agencies are used, the lower rating for each issue is shown. “Not Rated” is used to classify securities for which a rating is not available.
Expense Ratio. A fund’s total annual operating expenses expressed as a percentage of the fund’s average net assets. The expense ratio includes management and administrative expenses, but does not include the transaction costs of buying and selling portfolio securities.
Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.
173
R-Squared. A measure of how much of a fund’s past returns can be explained by the returns from the market in general, as measured by a given index. If a fund’s total returns were precisely synchronized with an index’s returns, its R-squared would be 1.00. If the fund’s returns bore no relationship to the index’s returns, its R-squared would be 0. For this report, R-squared is based on returns over the past 36 months for both the fund and the index.
Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.
Yield to Maturity. The rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates.
Benchmark Information
Spliced Bloomberg Barclays U.S. Aggregate Float Adjusted Index: Bloomberg Barclays U.S. Aggregate Bond Index through December 31, 2009; Bloomberg Barclays U.S. Aggregate Float Adjusted Index thereafter.
Spliced Core Bond Funds Average: Intermediate Investment-Grade Debt Funds Average through August 31, 2013; Core Bond Funds Average thereafter.
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BLOOMBERG is a trademark and service mark of Bloomberg Finance L.P. BARCLAYS is a trademark and service mark of Barclays Bank Plc, used under license. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL) (collectively, Bloomberg), or Bloomberg’s licensors, own all proprietary rights in the Bloomberg Barclays U.S. Aggregate Float Adjusted Index (the Index or Bloomberg Barclays Index).
Neither Barclays Bank Plc, Barclays Capital Inc., or any affiliate (collectively Barclays) or Bloomberg is the issuer or producer of the Total Bond Market II Index Fund and neither Bloomberg nor Barclays has any responsibilities, obligations or duties to investors in the Total Bond Market II Index Fund. The Index is licensed for use by The Vanguard Group, Inc. (Vanguard) as the sponsor of the Total Bond Market II Index Fund. Bloomberg and Barclays’ only relationship with Vanguard in respect of the Index is the licensing of the Index, which is determined, composed and calculated by BISL, or any successor thereto, without regard to the Issuer or the Total Bond Market II Index Fund or the owners of the Total Bond Market II Index Fund.
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 201 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
F. William McNabb III
Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years and Other Experience: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Chief Executive Officer and Director of The Vanguard Group and President and Chief Executive Officer of each of the investment companies served by The Vanguard Group, since 2008; Director of Vanguard Marketing Corporation; President of The Vanguard Group (2008–2017); Managing Director of The Vanguard Group (1995–2008).
Independent Trustees
Emerson U. Fullwood
Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (document management products and services);
Executive in Residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology; Lead Director of SPX FLOW, Inc. (multi-industry manufacturing); Director of the United Way of Rochester, the University of Rochester Medical Center, Monroe Community College Foundation, North Carolina A&T University, and Roberts Wesleyan College; Trustee of the University of Rochester.
Rajiv L. Gupta
Born 1945. Trustee Since December 2001.2 Principal Occupation(s) During the Past Five Years and Other Experience: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Director of Arconic Inc. (diversified manufacturer), HP Inc. (printer and personal computer manufacturing), and Delphi Automotive plc (automotive components); Senior Advisor at New Mountain Capital.
Amy Gutmann
Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years and Other Experience: President of the University of Pennsylvania; Christopher H. Browne
1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the Vanguard funds.
2 December 2002 for Vanguard Equity Income Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.
Distinguished Professor of Political Science, School of Arts and Sciences, and Professor of Communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania; Trustee of the National Constitution Center.
JoAnn Heffernan Heisen
Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years and Other Experience: Corporate Vice President and Member of the Executive Committee (1997–2008), Chief Global Diversity Officer (retired 2008), Vice President and Chief Information Officer (1997–2006), Controller (1995–1997), Treasurer (1991–1995), and Assistant Treasurer (1989–1991) of Johnson & Johnson (pharmaceuticals/medical devices/ consumer products); Director of Skytop Lodge Corporation (hotels) and the Robert Wood Johnson Foundation; Member of the Advisory Board of the Institute for Women’s Leadership at Rutgers University.
F. Joseph Loughrey
Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2009) of Cummins Inc. (industrial machinery); Chairman of the Board of Hillenbrand, Inc. (specialized consumer services), Oxfam America, and the Lumina Foundation for Education; Director of the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and Chair of the Advisory Board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born 1953. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Senior Vice President and Chief Financial Officer (retired 2013) at IBM (information technology services); Fiduciary Member of IBM’s Retirement Plan Committee (2004–2013); Member of the Council on Chicago Booth.
Scott C. Malpass
Born 1962. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Chief Investment Officer and Vice President at the University of Notre Dame; Assistant Professor of Finance at the Mendoza College of Business at Notre Dame; Member of the Notre Dame 403(b) Investment Committee, the Board of Advisors for Spruceview Capital Partners, the Board of Catholic Investment Services, Inc. (investment advisor), and the Board of Superintendence of the Institute for the Works of Religion; Chairman of the Board of TIFF Advisory Services, Inc. (investment advisor).
André F. Perold
Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years and Other Experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011); Chief Investment Officer and Co-Managing Partner of HighVista Strategies LLC (private investment firm); Overseer of the Museum of Fine Arts Boston.
Peter F. Volanakis
Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2010) of Corning Incorporated (communications equipment); Chairman of the Board of Trustees of Colby-Sawyer College; Member of the Board of Hypertherm, Inc. (industrial cutting systems, software, and consumables).
Executive Officers
Glenn Booraem
Born 1967. Investment Stewardship Officer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer (2015–2017), Controller (2010–2015), and Assistant Controller (2001–2010) of each of the investment companies served by The Vanguard Group.
Christine M. Buchanan
Born 1970. Treasurer Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Global Head of Vanguard Fund Administration at The Vanguard Group; Partner at KPMG LLP (2005–2017).
Thomas J. Higgins
Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).
Peter Mahoney
Born 1974. Controller Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Controller of each of the investment companies served by The Vanguard Group; Head of International Fund Services at The Vanguard Group (2008–2014).
Anne E. Robinson
Born 1970. Secretary Since September 2016. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; General Counsel of The Vanguard Group; Secretary of The Vanguard Group
and of each of the investment companies served by The Vanguard Group; Director and Senior Vice President of Vanguard Marketing Corporation; Managing Director and General Counsel of Global Cards and Consumer Services at Citigroup (2014–2016); Counsel at American Express (2003–2014).
Michael Rollings
Born 1963. Finance Director Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; Director of Vanguard Marketing Corporation; Treasurer of each of the investment companies served by The Vanguard Group (February 2017–November 2017); Executive Vice President and Chief Financial Officer of MassMutual Financial Group (2006–2016).
Vanguard Senior Management Team | |
Mortimer J. Buckley | Chris D. McIsaac |
Gregory Davis | James M. Norris |
John James | Thomas M. Rampulla |
Martha G. King | Karin A. Risi |
John T. Marcante | |
Chairman Emeritus and Senior Advisor | |
John J. Brennan | |
Chairman, 1996–2009 | |
Chief Executive Officer and President, 1996–2008 | |
Founder | |
John C. Bogle | |
Chairman and Chief Executive Officer, 1974–1996 |
P.O. Box 2600 Valley Forge, PA 19482-2600 | |
Connect with Vanguard® > vanguard.com | |
Fund Information > 800-662-7447 | |
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Institutional Investor Services > 800-523-1036 | |
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Who Are Deaf or Hard of Hearing> 800-749-7273 | |
This material may be used in conjunction | |
with the offering of shares of any Vanguard | |
fund only if preceded or accompanied by | |
the fund’s current prospectus. | |
All comparative mutual fund data are from Lipper, a | |
Thomson Reuters Company, or Morningstar, Inc., unless | |
otherwise noted. | |
You can obtain a free copy of Vanguard’s proxy voting | |
guidelines by visiting vanguard.com/proxyreporting or by | |
calling Vanguard at 800-662-2739. The guidelines are | |
also available from the SEC’s website, sec.gov. In | |
addition, you may obtain a free report on how your fund | |
voted the proxies for securities it owned during the 12 | |
months ended June 30. To get the report, visit either | |
vanguard.com/proxyreporting or sec.gov. | |
You can review and copy information about your fund at | |
the SEC’s Public Reference Room in Washington, D.C. To | |
find out more about this public service, call the SEC at | |
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© 2018 The Vanguard Group, Inc. | |
All rights reserved. | |
Vanguard Marketing Corporation, Distributor. | |
Q6350 022018 |
Annual Report | December 31, 2017 |
Vanguard Inflation-Protected Securities Fund |
Vanguard’s Principles for Investing Success
We want to give you the best chance of investment success. These
principles, grounded in Vanguard’s research and experience, can put you on
the right path.
Goals. Create clear, appropriate investment goals.
Balance. Develop a suitable asset allocation using broadly diversified funds.
Cost. Minimize cost.
Discipline. Maintain perspective and long-term discipline.
A single theme unites these principles: Focus on the things you can control.
We believe there is no wiser course for any investor.
Contents | |
Your Fund’s Performance at a Glance. | 1 |
Chairman’s Perspective. | 3 |
Advisor’s Report. | 7 |
Results of Proxy Voting. | 11 |
Fund Profile. | 13 |
Performance Summary. | 14 |
Financial Statements. | 16 |
About Your Fund’s Expenses. | 31 |
Glossary. | 33 |
Please note: The opinions expressed in this report are just that—informed opinions. They should not be considered promises or advice. Also, please keep in mind that the information and opinions cover the period through the date on the front of this report. Of course, the risks of investing in your fund are spelled out in the prospectus.
See the Glossary for definitions of investment terms used in this report.
About the cover: Nautical images have been part of Vanguard’s rich heritage since its start in 1975. For an incoming ship, a lighthouse offers a beacon and safe path to shore. You can similarly depend on Vanguard to put you first––and light the way––as you strive to meet your financial goals. Our client focus and low costs, stemming from our unique ownership structure, assure that your interests are paramount.
Your Fund’s Performance at a Glance
• For the 12 months ended December 31, 2017, Vanguard Inflation-Protected Securities Fund returned 2.81% for Investor Shares, 2.91% for Admiral Shares, and 2.97% for Institutional Shares. Those returns were in line with the return of the fund’s benchmark, the Bloomberg Barclays U.S. Treasury Inflation Protected Securities Index, and ahead of the average return of peer-group funds.
• Short-term rates rose in reaction to the Federal Reserve’s three interest rate hikes during the year. But yields fell and prices rose for longer-term bonds, reflecting uncertainty over the direction of inflation and the current administration’s legislative agenda. Treasuries underperformed investment-grade corporate bonds.
• Yields of Treasury inflation-protected securities (TIPS) were higher on the short end of the maturity spectrum but decreased on the longer end.
• A measure of expected inflation over the next five years—based on the gap between nominal Treasury and TIPS yields—increased slightly, to 1.83% from 1.80%.
Total Returns: Fiscal Year Ended December 31, 2017 | ||||
30-Day SEC | Income | Capital | Total | |
Yield | Returns | Returns | Returns | |
Vanguard Inflation-Protected Securities Fund | ||||
Investor Shares | 0.26% | 2.35% | 0.46% | 2.81% |
Admiral™ Shares | 0.36 | 2.44 | 0.47 | 2.91 |
Institutional Shares | 0.39 | 2.49 | 0.48 | 2.97 |
Bloomberg Barclays U.S. Treasury Inflation Protected | ||||
Securities Index | 3.01 | |||
Inflation-Protected Bond Funds Average | 2.44 |
Inflation-Protected Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Admiral Shares carry lower expenses and are available to investors who meet certain account-balance requirements. Institutional Shares are available to certain institutional investors who meet specific administrative, service, and account-size criteria.
Total Returns: Ten Years Ended December 31, 2017 | |
Average | |
Annual Return | |
Inflation-Protected Securities Fund Investor Shares | 3.26% |
Bloomberg Barclays U.S. Treasury Inflation Protected Securities Index | 3.53 |
Inflation-Protected Bond Funds Average | 2.67 |
Inflation-Protected Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
The figures shown represent past performance, which is not a guarantee of future results. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost.
1
Expense Ratios | ||||
Your Fund Compared With Its Peer Group | ||||
Investor | Admiral | Institutional | Peer Group | |
Shares | Shares | Shares | Average | |
Inflation-Protected Securities Fund | 0.20% | 0.10% | 0.07% | 0.74% |
The fund expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the fund’s expense ratios were 0.20% for Investor Shares, 0.10% for Admiral Shares, and 0.07% for Institutional Shares. The peer-group expense ratio is derived from data provided by Lipper, a Thomson Reuters Company, and captures information through year-end 2016.
Peer group: Inflation-Protected Bond Funds.
2
Chairman’s Perspective
Bill McNabb
Chairman
Dear Shareholder,
Lately I’ve been asked a lot about my legacy. And candidly, that phrase bugs me—it isn’t my legacy. Vanguard’s success is a result of thousands of my colleagues committing to a clear mission: helping investors achieve their financial goals.
The reason the topic has come up is that on December 31, 2017, I officially stepped down as Vanguard’s CEO after almost a decade in that role. I’ll remain chairman for a period to be determined by the board of directors. Tim Buckley, who was previously Vanguard’s president and chief investment officer, was elected CEO. I can’t think of a better successor.
I’ve spent 32 years at Vanguard—almost my entire professional life—and during that time I’ve had the good fortune of working with smart, principled colleagues from across the world. I’ve learned from each of them.
In particular, I would like to thank Jack Bogle, our founder, who took a chance on me when I was a young business school graduate, and Jack Brennan, my predecessor as CEO, who constantly challenged me with new roles and responsibilities.
3
When you’re just starting out, there is nothing quite like getting votes of confidence from people you respect.
The short list
A milestone like this naturally brings about some reflection. With that in mind, here’s a tally—by no means exhaustive—of the accomplishments that we at Vanguard are proud of:
Low costs. Over the last decade, we cut our average asset-weighted expense ratio by about 50%.1 This isn’t a result of some contrived price war. Since its founding, Vanguard has emphasized the benefits of low-cost investing. As Jack Bogle once said: “The honest steward who charges least, wins most. But not for himself; for those investors who entrust their assets to his care. It is not all that complicated.”
Global diversification. Through our thought leadership and investment options, such as our target-date funds, Vanguard has encouraged clients to obtain exposure to international markets.
Global diversification isn’t just about helping to control risk—it can also be a way of expanding your set of opportunities and harnessing the potential of all markets.
Market Barometer | |||
Average Annual Total Returns | |||
Periods Ended December 31, 2017 | |||
One Year | Three Years | Five Years | |
Stocks | |||
Russell 1000 Index (Large-caps) | 21.69% | 11.23% | 15.71% |
Russell 2000 Index (Small-caps) | 14.65 | 9.96 | 14.12 |
Russell 3000 Index (Broad U.S. market) | 21.13 | 11.12 | 15.58 |
FTSE All-World ex US Index (International) | 27.11 | 8.27 | 7.19 |
Bonds | |||
Bloomberg Barclays U.S. Aggregate Bond Index | |||
(Broad taxable market) | 3.54% | 2.24% | 2.10% |
Bloomberg Barclays Municipal Bond Index | |||
(Broad tax-exempt market) | 5.45 | 2.98 | 3.02 |
Citigroup Three-Month U.S. Treasury Bill Index | 0.84 | 0.37 | 0.23 |
CPI | |||
Consumer Price Index | 2.11% | 1.64% | 1.43% |
1 Source: Vanguard calculation, based on data from Morningstar, Inc., as of December 31, 2016.
4
I’ve been glad to see more and more clients embracing global diversification. I believe this trend will continue as Vanguard’s way of investing takes hold in international markets.
Affordable advice. In the wake of the 2008–2009 Global Financial Crisis, we began working on a new advice model. In 2015, we launched Vanguard Personal Advisor Services®, a hybrid advice offering that delivers value through a combination of a professional advisor and powerful digital technology at a competitive price.
Across the industry, we’ve seen the cost of providing advice coming down. Traditional advisors are embracing low-cost investments, and that, in turn, helps them reduce costs for their own clients. This is a trend that all of us at Vanguard would like to see continue.
Great people. I’ve interacted with hundreds of companies of all sizes and in all industries, and the one quality that sets Vanguard apart from most of them is our emphasis on people. It’s a testament to our culture that colleagues spend 15, 20, or, as in my case, more than 30 years of their professional lives here. Investors benefit because we have consistent, experienced fund management teams and a deep bench of talent that ensures that things go smoothly when it’s time for a transition.
We’ve done a great job attracting new talent, too. We made some notable additions to senior management in the last two years, and we’re continuously grooming our next generation of leaders.
Ready for what comes next
When I was contemplating coming to work at Vanguard, I sat down with my rowing coach at his home in Philadelphia. Over cheesesteaks, he told me that the most important thing was to work for a company that had the same values I held deeply. He was like a second father to me, so I trusted his judgment at a time when I wasn’t so sure about my own. Back then, I never could have anticipated the success Vanguard would have in the coming decades.
I’m no better at predicting the future now. Vanguard has enjoyed significant growth in the last few years, and that presents its own unique set of challenges and opportunities, such as the role we’re playing in advocating for better corporate governance among companies our funds invest in. And the asset management industry is confronting significant changes brought on by technology, shifting demographics, and new regulations.
Although the future is uncertain, I’m confident that Vanguard is well-prepared to tackle whatever comes its way. And one thing I’m sure of: There are big parts of the world that would be well-served by our way of investing.
5
It’s humbling to think about the impact the work we do at Vanguard has on clients who are trying to raise a family, buy a first home, save for college, or prepare for retirement. I’ve always tried to make decisions with investors’ best interests in mind. It has been a privilege working with people who hold to that same ideal.
Thank you for entrusting us with your assets.
Sincerely,
F. William McNabb III
Chairman
January 1, 2018
6
Advisor’s Report
For the 12 months ended December 31, 2017, Vanguard Inflation-Protected Securities Fund returned 2.81% for Investor Shares, 2.91% for Admiral Shares, and 2.97% for Institutional Shares. Those returns were in line with the return of the fund’s benchmark, the Bloomberg Barclays U.S. Treasury Inflation Protected Securities Index, and ahead of the average return of peer-group funds.
Investment environment
A surge of optimism that followed the November 2016 U.S. presidential election spilled over into the beginning of the year, as investors grew enthusiastic about a new policy agenda focused on tax reform, infrastructure spending, and greater deregulation—all designed to spark economic growth. While political gridlock initially cooled some of that optimism, stocks continued to rise throughout the period, with many market indexes hitting record highs as companies posted strong profits and initiatives such as tax reform were passed by Congress.
The Federal Reserve was also enthusiastic about the health of the U.S. economy. It raised rates three times during the year, pushing its target range for the federal funds rate to 1.25%–1.5%. It also began to reduce its $4.5 trillion balance sheet. All were signals that the central bank was intent on normalizing monetary policy.
The Fed’s decisions were likely buoyed by decent economic readings. The U.S. economy shrugged off weather-related events to grow at a 3% pace in the third quarter. (Fourth-quarter results were not available at the time of this writing.) That performance was spurred by increases in consumer spending, investments in
Yields of U.S. Treasury Inflation-Protected Securities | |||
(Real Yields) | |||
December 31, | June 30, | December 31, | |
Maturity | 2016 | 2017 | 2017 |
2 Years | -0.54% | -0.25% | 0.19% |
3 Years | -0.35 | -0.19 | 0.21 |
5 Years | 0.13 | 0.13 | 0.38 |
7 Years | 0.43 | 0.39 | 0.51 |
10 Years | 0.62 | 0.57 | 0.60 |
20 Years | 0.89 | 0.85 | 0.73 |
30 Years | 1.06 | 1.04 | 0.83 |
Source: Vanguard. |
7
inventory, and exports. The unemployment rate continued to grind lower, dropping to 4.1% in December after starting the year at 4.8%. But wage growth remained elusive, with workers, on average, making as much at the end of the period as when it started.
Inflation confounded market watchers. As the year began, annual changes in the consumer price index (CPI) approached or exceeded the Fed’s 2% target, but inflation readings moderated throughout the spring and early summer. Another measure that is watched closely by the Fed, the core personal consumption expenditures (PCE) index, also moderated in the middle of the year and remained below the CPI and the Fed’s target inflation level.
While it wasn’t clear what was behind the readings—sluggish commodity prices may have been a culprit—some market watchers believed the Fed had gotten ahead of itself with interest rate hikes, leading to a sell-off in parts of the bond market. However, Janet Yellen, the Fed chairwoman at the time, described the effect as “transitory,” which seemed to be proven out as inflation inched back up while the year drew to a close.
Management of the portfolio
The U.S. Treasury uses the non-seasonally adjusted CPI for urban consumers (CPI-U NSA) to govern the inflation adjustments made for Treasury inflation-protected securities (TIPS). In general, this measure rose for most of the period. It increased the most in January (+0.6%) and September (+0.5%) and decreased slightly in July, October, and December.
The short end of the TIPS yield curve, which is sensitive to interest rates, increased amid the Fed’s three rate hikes (and investors expected more increases in 2018). Short-term yields turned positive for the first time in years. The 1-year TIPS real yield ended the period at 0.15%, up from –0.69% a year earlier, and the 3-year TIPS real yield finished at 0.21%, up from –0.35% 12 months earlier.
Long-term TIPS yields decreased, reversing a trend that began toward the end of the previous year, when investors flocked to riskier assets as they grew optimistic about the new administration’s policy agenda. The decrease was likely the result of uncertainty over the direction of inflation and an acknowledgement that the legislative agenda and regulatory rollback would bolster growth in the near term. The 30-year TIPS real yield ended the period at 0.83%, down from 1.06% at the beginning of the period. The 10-year TIPS real yield ended the period at 0.60%, down from 0.62% one year earlier.
In the Treasury market, yields followed a similar trajectory. The 1-year and 3-year yields ended the period at 1.74% and 1.97%, respectively, up from 0.81% and 1.45% at the beginning of the year.
8
Meanwhile, long-term Treasury yields decreased. The 30-year and the 10-year nominal yields ended the period at 2.74% and 2.41% respectively, down from 3.07% and 2.45% one year earlier.
The break-even inflation (BEI) rate, which is the difference between nominal Treasury yields and TIPS yields, changed only modestly during the year. For example, the 2-year BEI declined to 1.69% from 1.73%, the 5-year BEI increased to 1.83% from 1.80%, and the 10-year BEI dropped to 1.81% from 1.83%.
Heading into the year, we maintained an overweight allocation to long-dated securities, reflecting our expectation that the Fed would maintain a very gradual pace of rate hikes. That positioning initially detracted from performance as inflation readings weakened and investors moved out of TIPS.
We continued to see potential in these securities, however, given our view that inflation would move higher in the medium term. That conviction paid off as the year progressed and inflation moved higher amid stronger global growth and the narrowing of the gap between the actual output of the economy and its potential output. We unwound our break-even inflation trade as we anticipated inflation to moderate. We reallocated those assets across the curve and into tactical positions that adhere to our inflation outlook.
In a year with 2%-plus inflation, we were successful at generating sufficient income from fund holdings through inflation adjustments triggered by monthly changes in the CPI-U NSA. This allowed us to make distributions during the period.
Outlook
In spite of long-term structural challenges posed by, among other things, the pace of productivity growth, demographic trends, and the impact of new technologies, the U.S. economy should break above its long-term potential growth rate of about 2% in 2018.
The unemployment rate has fallen to its lowest level since 2000 and is likely to move even lower. A reemergence of upward pressure on wages, along with stable and broader global growth and some recovery in commodity prices, may lead to stronger inflation than currently anticipated by financial markets. Recent weakness in the U.S. dollar is also likely to bolster core inflation metrics, albeit moderately and over the course of the next year. However, our long-term outlook, which calls for tepid inflation, remains unchanged.
That backdrop should justify the Fed in raising the federal funds rate to at least 2% by the end of 2018. It will probably want to stick to the framework and timetable it has laid out for reductions in its balance sheet, barring unexpected economic data or unintended consequences from tapering in the bond market.
9
Volatility could well pick up from the very low levels we’ve been experiencing. The list of potential catalysts is long and varied. Risks include an inflation surprise driven by globally tight labor markets, trade negotiations, or geopolitical tensions. In addition, as 2018 unfolds, we anticipate a convergence of monetary policy, with central banks adopting a less accommodative stance—some raising rates, some planning to raise rates, some reducing quantitative easing while overall bond purchases are reduced. This has the potential to have an impact on volatility and the term premium—the difference between yields on long- and short-term bonds—in the second half of the year.
Gemma Wright-Casparius, Principal
Vanguard Fixed Income Group
January 22, 2018
10
Results of Proxy Voting
At a special meeting of shareholders on November 15, 2017, fund shareholders approved the following proposals:
Proposal 1—Elect trustees for the fund.*
The individuals listed in the table below were elected as trustees for the fund. All trustees with the exception of Ms. Mulligan, Ms. Raskin, and Mr. Buckley (each of whom already serves as a director of The Vanguard Group, Inc.) served as trustees to the funds prior to the shareholder meeting.
Percentage | |||
Trustee | For | Withheld | For |
Mortimer J. Buckley | 26,722,274,549 | 429,483,723 | 98.4% |
Emerson U. Fullwood | 26,714,366,172 | 437,392,100 | 98.4% |
Amy Gutmann | 26,712,915,408 | 438,842,863 | 98.4% |
JoAnn Heffernan Heisen | 26,721,561,272 | 430,196,999 | 98.4% |
F. Joseph Loughrey | 26,717,701,002 | 434,057,269 | 98.4% |
Mark Loughridge | 26,720,437,223 | 431,321,049 | 98.4% |
Scott C. Malpass | 26,702,773,184 | 448,985,088 | 98.3% |
F. William McNabb III | 26,712,434,734 | 439,323,538 | 98.4% |
Deanna Mulligan | 26,719,931,246 | 431,827,026 | 98.4% |
André F. Perold | 26,676,518,168 | 475,240,103 | 98.3% |
Sarah Bloom Raskin | 26,713,372,343 | 438,385,928 | 98.4% |
Peter F. Volanakis | 26,706,957,628 | 444,800,644 | 98.4% |
* Results are for all funds within the same trust. |
Proposal 2—Approve a manager-of-managers arrangement with third-party investment advisors.
This arrangement enables the fund to enter into and materially amend investment advisory arrangements with third-party investment advisors, subject to the approval of the fund’s board of trustees and certain conditions imposed by the Securities and Exchange Commission, while avoiding the costs and delays associated with obtaining future shareholder approval.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Inflation-Protected | |||||
Securities Fund | 779,640,127 | 37,703,625 | 46,610,146 | 191,922,465 | 73.8% |
11
Proposal 3—Approve a manager-of-managers arrangement with wholly owned subsidiaries of Vanguard.
This arrangement enables Vanguard or the fund to enter into and materially amend investment advisory arrangements with wholly owned subsidiaries of Vanguard, subject to the approval of the fund’s board of trustees and any conditions imposed by the Securities and Exchange Commission (SEC), while avoiding the costs and delays associated with obtaining future shareholder approval. The ability of the fund to operate in this manner is contingent upon the SEC’s approval of a pending application for an order of exemption.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Inflation-Protected | |||||
Securities Fund | 787,847,093 | 36,808,312 | 39,298,492 | 191,922,465 | 74.6% |
Fund shareholders did not approve the following proposal:
Proposal 7—Institute transparent procedures to avoid holding investments in companies that, in management’s judgment, substantially contribute to genocide or crimes against humanity, the most egregious violations of human rights. Such procedures may include time-limited engagement with problem companies if management believes that their behavior can be changed.
The trustees recommended a vote against the proposal for the following reasons: (1) Vanguard is fully compliant with all applicable U.S. laws and regulations that prohibit the investment in any company owned or controlled by the government of Sudan; (2) the addition of further investment constraints is not in fund shareholders’ best interests if those constraints are unrelated to a fund’s stated investment objective, policies, and strategies; and (3) divestment is an ineffective means to implement social change, as it often puts the shares into the hands of another owner with no direct impact to the company’s capitalization.
Broker | Percentage | ||||
Vanguard Fund | For | Abstain | Against | Non-Votes | For |
Inflation-Protected | |||||
Securities Fund | 167,138,870 | 80,505,287 | 616,309,740 | 191,922,465 | 15.8% |
12
Inflation-Protected Securities Fund
Fund Profile
As of December 31, 2017
Share-Class Characteristics | |||
Investor | Admiral | Institutional | |
Shares | Shares | Shares | |
Ticker Symbol | VIPSX | VAIPX | VIPIX |
Expense Ratio1 | 0.20% | 0.10% | 0.07% |
30-Day SEC Yield2 | 0.26% | 0.36% | 0.39% |
Financial Attributes | |||
Bloomberg | |||
Barclays | |||
Inflation | Bloomberg | ||
Protected | Barclays US | ||
Securities | Aggregate | ||
Fund | Index | Bond Index | |
Number of Bonds | 39 | 38 | 9,706 |
Yield to Maturity | |||
(before expenses) | 2.4% | 2.3% | 2.7% |
Average Coupon | 0.8% | 0.8% | 3.1% |
Average Duration | 7.9 years | 7.7 years | 6.0 years |
Average Effective | |||
Maturity | 8.5 years | 8.3 years | 8.2 years |
Short-Term | |||
Reserves | 1.0% | — | — |
Sector Diversification (% of portfolio) | |
Treasury/Agency | 100.0% |
The agency and mortgage-backed securities sectors may include issues from government-sponsored enterprises; such issues are generally not backed by the full faith and credit of the U.S. government.
Volatility Measures | ||
Bloomberg | ||
Barclays | Bloomberg | |
Inflation | Barclays US | |
Protected | Aggregate | |
Securities | Bond | |
Index | Index | |
R-Squared | 0.99 | 0.71 |
Beta | 1.03 | 1.09 |
These measures show the degree and timing of the fund’s fluctuations compared with the indexes over 36 months.
Distribution by Effective Maturity | |
(% of portfolio) | |
Under 1 Year | 0.3% |
1 - 3 Years | 14.7 |
3 - 5 Years | 21.7 |
5 - 10 Years | 40.4 |
10 - 20 Years | 9.7 |
20 - 30 Years | 13.2 |
Distribution by Credit Quality (% of portfolio) | |
U.S. Government | 100.0% |
Credit-quality ratings are obtained from Moody's and S&P, and the higher rating for each issue is shown. "Not Rated" is used to classify securities for which a rating is not available. Not rated securities include a fund's investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts. For more information about these ratings, see the Glossary entry for Credit Quality.
Investment Focus
1 The expense ratios shown are from the prospectus dated April 26, 2017, and represent estimated costs for the current fiscal year. For the fiscal year ended December 31, 2017, the expense ratios were 0.20% for Investor Shares, 0.10% for Admiral Shares, and 0.07% for Institutional Shares.
2 Yields of inflation-protected securities tend to be lower than those of nominal bonds, because the former do not incorporate market expectations about inflation. The principal amounts—and thus the interest payments—of inflation-protected securities are adjusted over time to reflect inflation.
13
Inflation-Protected Securities Fund
Performance Summary
All of the returns in this report represent past performance, which is not a guarantee of future results that may be achieved by the fund. (Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at vanguard.com/performance.) Note, too, that both investment returns and principal value can fluctuate widely, so an investor’s shares, when sold, could be worth more or less than their original cost. The returns shown do not reflect taxes that a shareholder would pay on fund distributions or on the sale of fund shares.
Cumulative Performance: December 31, 2007, Through December 31, 2017
Initial Investment of $10,000
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $10,000 | |
Year | Years | Years | Investment | |
Inflation-Protected Securities Fund | ||||
Investor Shares | 2.81% | -0.05% | 3.26% | $13,786 |
Bloomberg Barclays U.S. Treasury | ||||
Inflation Protected Securities Index | 3.01 | 0.13 | 3.53 | 14,144 |
Inflation-Protected Bond Funds | ||||
Average | 2.44 | -0.37 | 2.67 | 13,013 |
Bloomberg Barclays U.S. Aggregate | ||||
Bond Index | 3.54 | 2.10 | 4.01 | 14,811 |
Inflation-Protected Bond Funds Average: Derived from data provided by Lipper, a Thomson Reuters Company.
Final Value | ||||
One | Five | Ten | of a $50,000 | |
Year | Years | Years | Investment | |
Inflation-Protected Securities Fund Admiral | ||||
Shares | 2.91% | 0.06% | 3.37% | $69,650 |
Bloomberg Barclays U.S. Treasury Inflation | ||||
Protected Securities Index | 3.01 | 0.13 | 3.53 | 70,720 |
Bloomberg Barclays U.S. Aggregate Bond Index | 3.54 | 2.10 | 4.01 | 74,053 |
See Financial Highlights for dividend and capital gains information.
14
Inflation-Protected Securities Fund
Average Annual Total Returns | ||||
Periods Ended December 31, 2017 | ||||
Final Value | ||||
One | Five | Ten | of a $5,000,000 | |
Year | Years | Years | Investment | |
Inflation-Protected Securities Fund | ||||
Institutional Shares | 2.97% | 0.10% | 3.40% | $6,987,407 |
Bloomberg Barclays U.S. Treasury Inflation | ||||
Protected Securities Index | 3.01 | 0.13 | 3.53 | 7,072,049 |
Bloomberg Barclays U.S. Aggregate Bond | ||||
Index | 3.54 | 2.10 | 4.01 | 7,405,275 |
Fiscal-Year Total Returns (%): December 31, 2007, Through December 31, 2017 | ||||
Bloomberg | ||||
Barclays | ||||
Inflation | ||||
Protected | ||||
Securities | ||||
Investor Shares | Index | |||
Fiscal Year | Income Returns | Capital Returns | Total Returns | Total Returns |
2008 | 4.62% | -7.47% | -2.85% | -2.35% |
2009 | 1.86 | 8.94 | 10.80 | 11.41 |
2010 | 2.58 | 3.59 | 6.17 | 6.31 |
2011 | 4.56 | 8.68 | 13.24 | 13.56 |
2012 | 2.62 | 4.16 | 6.78 | 6.98 |
2013 | 1.47 | -10.39 | -8.92 | -8.61 |
2014 | 2.17 | 1.66 | 3.83 | 3.64 |
2015 | 0.74 | -2.57 | -1.83 | -1.44 |
2016 | 3.23 | 1.29 | 4.52 | 4.68 |
2017 | 2.35 | 0.46 | 2.81 | 3.01 |
15
Inflation-Protected Securities Fund
Financial Statements
Statement of Net Assets
As of December 31, 2017
The fund reports a complete list of its holdings in regulatory filings four times in each fiscal year, at the quarter-ends. For the second and fourth fiscal quarters, the lists appear in the fund’s semiannual and annual reports to shareholders. For the first and third fiscal quarters, the fund files the lists with the Securities and Exchange Commission on Form N-Q. Shareholders can look up the fund’s Forms N-Q on the SEC’s website at sec.gov. Forms N-Q may also be reviewed and copied at the SEC’s Public Reference Room (see the back cover of this report for further information).
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
U.S. Government and Agency Obligations (98.8%) | |||||
U.S. Government Securities (98.8%) | |||||
United States Treasury Inflation Indexed Bonds | 2.125% | 1/15/19 | 280,697 | 329,086 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 4/15/19 | 868,580 | 912,050 | |
United States Treasury Inflation Indexed Bonds | 1.875% | 7/15/19 | 342,276 | 407,577 | |
United States Treasury Inflation Indexed Bonds | 1.375% | 1/15/20 | 395,584 | 462,931 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 4/15/20 | 1,105,200 | 1,161,744 | |
United States Treasury Inflation Indexed Bonds | 1.250% | 7/15/20 | 641,210 | 748,689 | |
United States Treasury Inflation Indexed Bonds | 1.125% | 1/15/21 | 770,499 | 894,463 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 4/15/21 | 1,060,500 | 1,098,870 | |
United States Treasury Inflation Indexed Bonds | 0.625% | 7/15/21 | 857,801 | 956,388 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 1/15/22 | 937,671 | 1,017,264 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 4/15/22 | 1,045,000 | 1,051,952 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 7/15/22 | 987,019 | 1,056,876 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 1/15/23 | 1,125,330 | 1,192,977 | |
United States Treasury Inflation Indexed Bonds | 0.375% | 7/15/23 | 1,030,936 | 1,100,228 | |
United States Treasury Inflation Indexed Bonds | 0.625% | 1/15/24 | 991,256 | 1,065,742 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 7/15/24 | 988,771 | 1,014,152 | |
United States Treasury Inflation Indexed Bonds | 0.250% | 1/15/25 | 1,000,300 | 1,031,951 | |
United States Treasury Inflation Indexed Bonds | 2.375% | 1/15/25 | 521,651 | 777,226 | |
United States Treasury Inflation Indexed Bonds | 0.375% | 7/15/25 | 1,001,844 | 1,043,038 | |
United States Treasury Inflation Indexed Bonds | 0.625% | 1/15/26 | 887,522 | 935,581 | |
United States Treasury Inflation Indexed Bonds | 2.000% | 1/15/26 | 399,727 | 558,328 | |
United States Treasury Inflation Indexed Bonds | 0.125% | 7/15/26 | 853,304 | 857,502 | |
United States Treasury Inflation Indexed Bonds | 0.375% | 1/15/27 | 855,439 | 866,692 | |
United States Treasury Inflation Indexed Bonds | 2.375% | 1/15/27 | 314,047 | 448,945 | |
United States Treasury Inflation Indexed Bonds | 0.375% | 7/15/27 | 290,000 | 290,687 | |
United States Treasury Inflation Indexed Bonds | 1.750% | 1/15/28 | 340,866 | 450,627 | |
United States Treasury Inflation Indexed Bonds | 3.625% | 4/15/28 | 222,575 | 445,197 | |
United States Treasury Inflation Indexed Bonds | 2.500% | 1/15/29 | 342,170 | 476,582 | |
1 | United States Treasury Inflation Indexed Bonds | 3.875% | 4/15/29 | 275,242 | 562,757 |
United States Treasury Inflation Indexed Bonds | 3.375% | 4/15/32 | 112,029 | 215,253 | |
United States Treasury Inflation Indexed Bonds | 2.125% | 2/15/40 | 94,056 | 139,489 | |
United States Treasury Inflation Indexed Bonds | 2.125% | 2/15/41 | 240,258 | 354,127 | |
United States Treasury Inflation Indexed Bonds | 0.750% | 2/15/42 | 442,145 | 486,274 | |
United States Treasury Inflation Indexed Bonds | 0.625% | 2/15/43 | 324,755 | 340,198 | |
United States Treasury Inflation Indexed Bonds | 1.375% | 2/15/44 | 502,735 | 613,307 | |
United States Treasury Inflation Indexed Bonds | 0.750% | 2/15/45 | 675,400 | 710,453 |
16
Inflation-Protected Securities Fund
Face | Market | ||||
Maturity | Amount | Value • | |||
Coupon | Date | ($000) | ($000) | ||
United States Treasury Inflation Indexed Bonds | 1.000% | 2/15/46 | 435,582 | 483,563 | |
United States Treasury Inflation Indexed Bonds | 0.875% | 2/15/47 | 554,100 | 587,253 | |
United States Treasury Note/Bond | 0.750% | 9/30/18 | 100,000 | 99,281 | |
Total U.S. Government and Agency Obligations (Cost $26,429,024) | 27,245,300 | ||||
Shares | |||||
Temporary Cash Investment (1.0%) | |||||
Money Market Fund (1.0%) | |||||
2 Vanguard Market Liquidity Fund | |||||
(Cost $265,190) | 1.458% | 2,651,769 | 265,203 | ||
Total Investments (99.8%) (Cost $26,694,214) | 27,510,503 | ||||
Notional | |||||
Expiration | Exercise | Amount | Value | ||
Date | Contracts | Price | ($000) | ($000) | |
Liability for Written Options on Futures (0.0%) | |||||
Call Options on 10-year U.S. Treasury | |||||
Note Futures Contracts | 1/26/18 | 186 | USD 126.00 | 23,436 | (9) |
Put Options on 10-year U.S. Treasury | |||||
Note Futures Contracts | 1/26/18 | 186 | USD 124.00 | 23,064 | (79) |
Put Options on 10-year U.S. Treasury | |||||
Note Futures Contracts | 2/23/18 | 1,858 | USD 122.50 | 227,605 | (348) |
Put Options on 10-year U.S. Treasury | |||||
Note Futures Contracts | 2/23/18 | 465 | USD 122.00 | 56,730 | (58) |
Total Liability for Written Options on Futures (Premiums Received $730) | (494) |
Amount | |
($000) | |
Other Assets and Liabilities (0.2%) | |
Other Assets | |
Investment in Vanguard | 1,515 |
Receivables for Accrued Income | 83,266 |
Receivables for Capital Shares Issued | 47,705 |
Variation Margin Receivable—Futures Contracts | 2,568 |
Other Assets | 255 |
Total Other Assets | 135,309 |
Other Liabilities | |
Payables for Investment Securities Purchased | (620) |
Payables for Capital Shares Redeemed | (52,668) |
Payables to Vanguard | (26,877) |
Variation Margin Payable—Futures Contracts | (1,670) |
Total Other Liabilities | (81,835) |
Net Assets (100%) | 27,563,483 |
17
Inflation-Protected Securities Fund
At December 31, 2017, net assets consisted of: | |
Amount | |
($000) | |
Paid-in Capital | 26,798,613 |
Overdistributed Net Investment Income | (15,945) |
Accumulated Net Realized Losses | (31,270) |
Unrealized Appreciation (Depreciation) | |
Investment Securities | 816,289 |
Futures Contracts | (4,440) |
Options on Futures Contracts | 236 |
Net Assets | 27,563,483 |
Investor Shares—Net Assets | |
Applicable to 317,338,753 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 4,138,860 |
Net Asset Value Per Share—Investor Shares | $13.04 |
Admiral Shares—Net Assets | |
Applicable to 543,631,935 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 13,916,663 |
Net Asset Value Per Share—Admiral Shares | $25.60 |
Institutional Shares—Net Assets | |
Applicable to 911,823,309 outstanding $.001 par value shares of | |
beneficial interest (unlimited authorization) | 9,507,960 |
Net Asset Value Per Share—Institutional Shares | $10.43 |
• See Note A in Notes to Financial Statements.
1 Securities with a value of $4,754,000 have been segregated as initial margin for open futures contracts.
2 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown
is the 7-day yield.
18
Inflation-Protected Securities Fund
Derivative Financial Instruments Outstanding as of Period End | ||||
Futures Contracts | ||||
($000) | ||||
Value and | ||||
Number of | Unrealized | |||
Long (Short) | Notional | Appreciation | ||
Expiration | Contracts | Amount | (Depreciation) | |
Long Futures Contracts | ||||
2-Year U.S. Treasury Note | March 2018 | 6,479 | 1,387,215 | (1,565) |
10-Year U.S. Treasury Note | March 2018 | 3,838 | 476,092 | (441) |
Ultra 10-Year U.S. Treasury Note | March 2018 | 2,307 | 308,129 | (391) |
(2,397) | ||||
Short Futures Contracts | ||||
Ultra Long U.S. Treasury Bond | March 2018 | (2,505) | (419,979) | (1,858) |
5-Year U.S. Treasury Note | March 2018 | (1,678) | (194,923) | (185) |
(2,043) | ||||
(4,440) |
Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.
See accompanying Notes, which are an integral part of the Financial Statements.
19
Inflation-Protected Securities Fund
Statement of Operations | |
Year Ended | |
December 31, 2017 | |
($000) | |
Investment Income | |
Income | |
Interest1 | 694,838 |
Total Income | 694,838 |
Expenses | |
The Vanguard Group—Note B | |
Investment Advisory Services | 3,413 |
Management and Administrative—Investor Shares | 7,013 |
Management and Administrative—Admiral Shares | 9,950 |
Management and Administrative—Institutional Shares | 4,651 |
Marketing and Distribution—Investor Shares | 717 |
Marketing and Distribution—Admiral Shares | 1,161 |
Marketing and Distribution—Institutional Shares | 245 |
Custodian Fees | 131 |
Auditing Fees | 41 |
Shareholders’ Reports and Proxy—Investor Shares | 444 |
Shareholders’ Reports and Proxy—Admiral Shares | 564 |
Shareholders’ Reports and Proxy—Institutional Shares | 260 |
Trustees’ Fees and Expenses | 23 |
Total Expenses | 28,613 |
Net Investment Income | 666,225 |
Realized Net Gain (Loss) | |
Investment Securities Sold1 | (2,730) |
Futures Contracts | (31,666) |
Purchased Options on Futures Contracts | (2,348) |
Written Options on Futures Contracts | 9,361 |
Realized Net Gain (Loss) | (27,383) |
Change in Unrealized Appreciation (Depreciation) | |
Investment Securities1 | 127,776 |
Futures Contracts | (5,341) |
Written Options on Futures Contracts | (957) |
Change in Unrealized Appreciation (Depreciation) | 121,478 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 760,320 |
1 Interest income, realized net gain (loss), and change in unrealized appreciation (depreciation) from an affiliated company of the fund were $2,861,000, $14,000, and $11,000, respectively.
See accompanying Notes, which are an integral part of the Financial Statements.
20
Inflation-Protected Securities Fund
Statement of Changes in Net Assets | ||
Year Ended December 31, | ||
2017 | 2016 | |
($000) | ($000) | |
Increase (Decrease) in Net Assets | ||
Operations | ||
Net Investment Income | 666,225 | 505,306 |
Realized Net Gain (Loss) | (27,383) | 56,121 |
Change in Unrealized Appreciation (Depreciation) | 121,478 | 464,975 |
Net Increase (Decrease) in Net Assets Resulting from Operations | 760,320 | 1,026,402 |
Distributions | ||
Net Investment Income | ||
Investor Shares | (96,588) | (89,680) |
Admiral Shares | (329,839) | (251,324) |
Institutional Shares | (227,183) | (176,121) |
Realized Capital Gain1 | ||
Investor Shares | — | (5,713) |
Admiral Shares | — | (16,005) |
Institutional Shares | — | (11,234) |
Return of Capital | ||
Investor Shares | — | (52,119) |
Admiral Shares | — | (146,011) |
Institutional Shares | — | (102,484) |
Total Distributions | (653,610) | (850,691) |
Capital Share Transactions | ||
Investor Shares | (380,258) | (315,211) |
Admiral Shares | 1,662,662 | 1,609,525 |
Institutional Shares | 836,653 | 1,117,521 |
Net Increase (Decrease) from Capital Share Transactions | 2,119,057 | 2,411,835 |
Total Increase (Decrease) | 2,225,767 | 2,587,546 |
Net Assets | ||
Beginning of Period | 25,337,716 | 22,750,170 |
End of Period2 | 27,563,483 | 25,337,716 |
1 Includes fiscal 2017 and 2016 short-term gain distributions totaling $0 and $0, respectively. Short-term gain distributions are treated as ordinary income dividends for tax purposes.
2 Net Assets—End of Period includes undistributed (overdistributed) net investment income of ($15,945,000) and ($38,465,000).
See accompanying Notes, which are an integral part of the Financial Statements.
21
Inflation-Protected Securities Fund
Financial Highlights
Investor Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $12.98 | $12.84 | $13.18 | $12.98 | $14.53 |
Investment Operations | |||||
Net Investment Income | . 3101 | .263 | .098 | .224 | .210 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .053 | .315 | (.339) | .273 | (1.499) |
Total from Investment Operations | .363 | .578 | (.241) | .497 | (1.289) |
Distributions | |||||
Dividends from Net Investment Income | (.303) | (.266) | (.098) | (.281) | (.216) |
Distributions from Realized Capital Gains | — | (.017) | (.001) | (.016) | (.045) |
Return of Capital | — | (.155) | — | — | — |
Total Distributions | (.303) | (.438) | (.099) | (.297) | (.261) |
Net Asset Value, End of Period | $13.04 | $12.98 | $12.84 | $13.18 | $12.98 |
Total Return2 | 2.81% | 4.52% | -1.83% | 3.83% | -8.92% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $4,139 | $4,496 | $4,746 | $5,604 | $6,577 |
Ratio of Total Expenses to Average Net Assets | 0.20% | 0.20% | 0.20% | 0.20% | 0.20% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.38% | 1.99% | 0.72% | 2.01% | 1.33% |
Portfolio Turnover Rate 3 | 22% | 27% | 43% | 39% | 44% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s
capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
22
Inflation-Protected Securities Fund
Financial Highlights
Admiral Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $25.48 | $25.21 | $25.87 | $25.47 | $28.54 |
Investment Operations | |||||
Net Investment Income | . 6401 | .544 | .221 | .468 | .449 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .097 | .615 | (.658) | .544 | (2.965) |
Total from Investment Operations | .737 | 1.159 | (.437) | 1.012 | (2.516) |
Distributions | |||||
Dividends from Net Investment Income | (.617) | (.541) | (.220) | (.581) | (.465) |
Distributions from Realized Capital Gains | — | (.034) | (.003) | (.031) | (.089) |
Return of Capital | — | (.314) | — | — | — |
Total Distributions | (.617) | (.889) | (.223) | (.612) | (.554) |
Net Asset Value, End of Period | $25.60 | $25.48 | $25.21 | $25.87 | $25.47 |
Total Return2 | 2.91% | 4.62% | -1.69% | 3.97% | -8.86% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $13,917 | $12,205 | $10,533 | $10,778 | $11,005 |
Ratio of Total Expenses to Average Net Assets | 0.10% | 0.10% | 0.10% | 0.10% | 0.10% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.48% | 2.09% | 0.82% | 2.11% | 1.43% |
Portfolio Turnover Rate 3 | 22% | 27% | 43% | 39% | 44% |
1 Calculated based on average shares outstanding.
2 Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information
about any applicable account service fees.
3 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s
capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
23
Inflation-Protected Securities Fund
Financial Highlights
Institutional Shares | |||||
For a Share Outstanding | Year Ended December 31, | ||||
Throughout Each Period | 2017 | 2016 | 2015 | 2014 | 2013 |
Net Asset Value, Beginning of Period | $10.38 | $10.27 | $10.54 | $10.37 | $11.62 |
Investment Operations | |||||
Net Investment Income | . 2631 | .224 | .093 | .193 | .187 |
Net Realized and Unrealized Gain (Loss) | |||||
on Investments | .043 | .250 | (.269) | .229 | (1.208) |
Total from Investment Operations | .306 | .474 | (.176) | .422 | (1.021) |
Distributions | |||||
Dividends from Net Investment Income | (.256) | (.221) | (.093) | (.239) | (.193) |
Distributions from Realized Capital Gains | — | (.014) | (.001) | (.013) | (.036) |
Return of Capital | — | (.129) | — | — | — |
Total Distributions | (.256) | (.364) | (.094) | (.252) | (.229) |
Net Asset Value, End of Period | $10.43 | $10.38 | $10.27 | $10.54 | $10.37 |
Total Return | 2.97% | 4.63% | -1.67% | 4.07% | -8.83% |
Ratios/Supplemental Data | |||||
Net Assets, End of Period (Millions) | $9,508 | $8,637 | $7,471 | $8,449 | $8,919 |
Ratio of Total Expenses to Average Net Assets | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
Ratio of Net Investment Income to | |||||
Average Net Assets | 2.51% | 2.12% | 0.85% | 2.14% | 1.46% |
Portfolio Turnover Rate2 | 22% | 27% | 43% | 39% | 44% |
1 Calculated based on average shares outstanding.
2 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s
capital shares.
See accompanying Notes, which are an integral part of the Financial Statements.
24
Inflation-Protected Securities Fund
Notes to Financial Statements
Vanguard Inflation-Protected Securities Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers three classes of shares: Investor Shares, Admiral Shares, and Institutional Shares. Investor Shares are available to any investor who meets the fund’s minimum purchase requirements. Admiral Shares and Institutional Shares are designed for investors who meet certain administrative, service, and account-size criteria.
A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.
1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Bonds and temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the board of trustees to represent fair value.
2. Futures and Options: The fund uses futures contracts and options on futures contracts to invest in fixed income asset classes with greater efficiency and lower cost than is possible through direct investment, to add value when these instruments are attractively priced, or to adjust sensitivity to changes in interest rates. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of bonds held by the fund and the prices of futures contracts, and the possibility of an illiquid market. The primary risk associated with purchasing options is that interest rates move in such a way that the option is out-of-the-money, the position is worthless at expiration, and the fund loses the premium paid. The primary risk associated with writing options is that interest rates move in such a way that the option is in-the-money, the counterparty exercises the option, and the fund loses an amount equal to the market value of the option written less the premium received. Counterparty risk involving futures and exchange-traded options is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures and options on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract.
Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Statement of Net Assets. Fluctuations in the value of the contracts are recorded in the Statement of Net Assets as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized futures gains (losses).
During the year ended December 31, 2017, the fund’s average investments in long and short futures contracts represented 8% and 4% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.
25
Inflation-Protected Securities Fund
Options on futures contrats are also valued at their quoted daily settlement price. The premium paid for a purchased option is recorded in the Statement of Net Assets as an asset that is subsequently adjusted daily to the current market value of the option purchased. The premium received for a written option is recorded in the Statement of Net Assets as an asset with an equal liability that is subsequently adjusted daily to the current market value of the option written. Fluctuations in the value of the options are recorded in the Statement of Operations as unrealized appreciation (depreciation) until expired, closed, or exercised, at which time realized gains (losses) are recognized.
During the year ended December 31, 2017, the fund’s average value of investments in options purchased and options written each represented less than 1% of net assets, based on the average market values at each quarter-end during the period.
3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (December 31, 2014–2017), and has concluded that no provision for federal income tax is required in the fund’s financial statements.
4. Distributions: Distributions to shareholders are recorded on the ex-dividend date.
5. Credit Facility: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $3.1 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement that may be renewed annually; each fund is individually liable for its borrowings, if any, under the credit facility. Borrowings may be utilized for temporary and emergency purposes, and are subject to the fund’s regulatory and contractual borrowing restrictions. The participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under this facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate, federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread.
The fund had no borrowings outstanding at December 31, 2017, or at any time during the period then ended.
6. Other: Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities purchased are amortized and accreted, respectively, to interest income over the lives of the respective securities. Inflation adjustments to the face amount of inflation-indexed securities are included in interest income. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.
Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses), shareholder reporting, and the proxy. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.
26
Inflation-Protected Securities Fund
B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. Vanguard does not require reimbursement in the current period for certain costs of operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Net Assets.
Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At December 31, 2017, the fund had contributed to Vanguard capital in the amount of $1,515,000, representing 0.01% of the fund’s net assets and 0.61% of Vanguard’s capitalization. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.
C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable inputs are
noted on the Statement of Net Assets.
The following table summarizes the market value of the fund’s investments as of December 31, 2017, based on the inputs used to value them:
Level 1 | Level 2 | Level 3 | |
Investments | ($000) | ($000) | ($000) |
U.S. Government and Agency Obligations | — | 27,245,300 | — |
Temporary Cash Investments | 265,203 | — | — |
Liability for Options Written | (494) | — | — |
Futures Contracts—Assets1 | 2,568 | — | — |
Futures Contracts—Liabilities1 | (1,670) | — | — |
Total | 265,607 | 27,245,300 | — |
1 Represents variation margin on the last day of the reporting period. |
D. Distributions are determined on a tax basis and may differ from net investment income and realized capital gains for financial reporting purposes. Differences may be permanent or temporary. Permanent differences are reclassified among capital accounts in the financial statements to reflect their tax character. Temporary differences arise when certain items of income, expense, gain, or loss are recognized in different periods for financial statement and tax purposes. These differences will reverse at some time in the future. Differences in classification may also result from the treatment of short-term gains as ordinary income for tax purposes.
27
Inflation-Protected Securities Fund
Certain of the fund’s U.S. Treasury inflation-indexed securities experienced deflation and amortization adjustments that reduced interest income and the cost of investments for financial statement purposes by an amount greater than the reduction of taxable income; the additional income reduction will be deferred for tax purposes until it is used to offset future inflation adjustments that increase taxable income. The difference becomes permanent if the securities are sold. During the year ended December 31, 2017, the fund realized gains of $81,000 related to previously tax-deferred deflation adjustments, which have been reclassified from accumulated net realized losses to overdistributed net investment income.
At December 31, 2017, the cost of investment securities for tax purposes was $26,694,214,000. Net unrealized appreciation of investment securities for tax purposes was $816,289,000, consisting of unrealized gains of $963,938,000 on securities that had risen in value since their purchase and $147,649,000 in unrealized losses on securities that had fallen in value since their purchase.
For tax purposes, at December 31, 2017, the fund had $9,518,000 of ordinary income available for distribution. The fund had available capital losses totaling $35,474,000 that may be carried forward indefinitely to offset future net capital gains.
E. During the year ended December 31, 2017, the fund purchased $7,030,076,000 of investment securities and sold $5,818,795,000 of investment securities, other than temporary cash investments.
F. Capital share transactions for each class of shares were:
Year Ended December 31, | ||||
2017 | 2016 | |||
Amount | Shares | Amount | Shares | |
($000) | (000) | ($000) | (000) | |
Investor Shares | ||||
Issued | 777,761 | 59,276 | 770,934 | 57,434 |
Issued in Lieu of Cash Distributions | 90,059 | 6,924 | 137,360 | 10,637 |
Redeemed | (1,248,078) | (95,089) | (1,223,505) | (91,396) |
Net Increase (Decrease)—Investor Shares | (380,258) | (28,889) | (315,211) | (23,325) |
Admiral Shares | ||||
Issued | 4,169,314 | 161,824 | 3,739,034 | 141,759 |
Issued in Lieu of Cash Distributions | 287,868 | 11,277 | 356,604 | 14,069 |
Redeemed | (2,794,520) | (108,430) | (2,486,113) | (94,684) |
Net Increase (Decrease) —Admiral Shares | 1,662,662 | 64,671 | 1,609,525 | 61,144 |
Institutional Shares | ||||
Issued | 2,345,338 | 223,313 | 2,508,964 | 233,293 |
Issued in Lieu of Cash Distributions | 215,166 | 20,686 | 277,290 | 26,864 |
Redeemed | (1,723,851) | (164,223) | (1,668,733) | (155,705) |
Net Increase (Decrease)—Institutional Shares | 836,653 | 79,776 | 1,117,521 | 104,452 |
G. Management has determined that no material events or transactions occurred subsequent to December 31, 2017, that would require recognition or disclosure in these financial statements.
28
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard Bond Index Funds and Shareholders of Vanguard Inflation-Protected Securities Fund
Opinion on the Financial Statements
We have audited the accompanying statement of net assets of Vanguard Inflation-Protected Securities Fund (one of the funds constituting Vanguard Bond Index Funds, referred to hereafter as the “Fund”) as of December 31, 2017, the related statement of operations for the year ended December 31, 2017, the statement of changes in net assets for each of the two years in the period ended December 31, 2017, including the related notes, and the financial highlights for each of the five years in the period ended December 31, 2017 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Fund as of December 31, 2017, the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period ended December 31, 2017 and the financial highlights for each of the five years in the period ended December 31, 2017 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to express an opinion on the Fund’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Fund in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of December 31, 2017 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent. We believe that our audits provide a reasonable basis for our opinion.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
February 14, 2018
We have served as the auditor of one or more investment companies in The Vanguard Group of
Funds since 1975.
29
Special 2017 tax information (unaudited) for Vanguard Inflation-Protected Securities Fund
This information for the fiscal year ended December 31, 2017, is included pursuant to provisions of the Internal Revenue Code.
For nonresident alien shareholders, 100% of income dividends are interest-related dividends.
30
About Your Fund’s Expenses
As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.
A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.
The accompanying table illustrates your fund’s costs in two ways:
• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.
To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“
• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.
Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”
The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.
You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.
31
Six Months Ended December 31, 2017 | |||
Beginning | Ending | Expenses | |
Account Value | Account Value | Paid During | |
Inflation-Protected Securities Fund | 6/30/2017 | 12/31/2017 | Period |
Based on Actual Fund Return | |||
Investor Shares | $1,000.00 | $1,019.13 | $1.02 |
Admiral Shares | 1,000.00 | 1,019.95 | 0.51 |
Institutional Shares | 1,000.00 | 1,020.17 | 0.36 |
Based on Hypothetical 5% Yearly Return | |||
Investor Shares | $1,000.00 | $1,024.20 | $1.02 |
Admiral Shares | 1,000.00 | 1,024.70 | 0.51 |
Institutional Shares | 1,000.00 | 1,024.85 | 0.36 |
The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.20% for Investor Shares, 0.10% for Admiral Shares, and 0.07% for Institutional Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (184/365).
32
Glossary
30-Day SEC Yield. A fund’s 30-day SEC yield is derived using a formula specified by the U.S. Securities and Exchange Commission. Under the formula, data related to the fund’s security holdings in the previous 30 days are used to calculate the fund’s hypothetical net income for that period, which is then annualized and divided by the fund’s estimated average net assets over the calculation period. For the purposes of this calculation, a security’s income is based on its current market yield to maturity (for bonds), its actual income (for asset-backed securities), or its projected dividend yield (for stocks). Because the SEC yield represents hypothetical annualized income, it will differ—at times significantly—from the fund’s actual experience. As a result, the fund’s income distributions may be higher or lower than implied by the SEC yield.
Average Coupon. The average interest rate paid on the fixed income securities held by a fund. It is expressed as a percentage of face value.
Average Duration. An estimate of how much the value of the fund’s bonds will fluctuate in response to a change in “real” interest rates—meaning rates without inflation expectations built in. Real interest rates are reflected in market yields for inflation-adjusted securities. To see how the fund’s bond values could change, multiply the average duration by the change in real rates. For example, if the average duration were five years, then the value of the fund’s bonds would decline by about 5% if real interest rates rose by 1 percentage point. Conversely, if real rates fell by a percentage point, the value of the bonds would rise about 5%.
Average Effective Maturity. The average length of time until fixed income securities held by a fund reach maturity and are repaid, taking into consideration the possibility that the issuer may call the bond before its maturity date. The figure reflects the proportion of fund assets represented by each security; it also reflects any futures contracts held. In general, the longer the average effective maturity, the more a fund’s share price will fluctuate in response to changes in market interest rates.
Beta. A measure of the magnitude of a fund’s past share-price fluctuations in relation to the ups and downs of a given market index. The index is assigned a beta of 1.00. Compared with a given index, a fund with a beta of 1.20 typically would have seen its share price rise or fall by 12% when the index rose or fell by 10%. For this report, beta is based on returns over the past 36 months for both the fund and the index. Note that a fund’s beta should be reviewed in conjunction with its R-squared (see definition). The lower the R-squared, the less correlation there is between the fund and the index, and the less reliable beta is as an indicator of volatility.
Credit Quality. Credit-quality ratings are measured on a scale that generally ranges from AAA (highest) to D (lowest). U.S. Treasury, U.S. Agency, and U.S. Agency mortgage-backed securities appear under “U.S. Government.” Credit-quality ratings are obtained from Moody’s and S&P, and the higher rating for each issue is shown. ”Not Rated” is used to classify securities for which a rating is not available. Not rated securities include a fund’s investment in Vanguard Market Liquidity Fund or Vanguard Municipal Cash Management Fund, each of which invests in high-quality money market instruments and may serve as a cash management vehicle for the Vanguard funds, trusts, and accounts.
Expense Ratio. A fund’s total annual operating expenses expressed as a percentage of the fund’s average net assets. The expense ratio includes management and administrative expenses, but does not include the transaction costs of buying and selling portfolio securities.
33
Inception Date. The date on which the assets of a fund (or one of its share classes) are first invested in accordance with the fund’s investment objective. For funds with a subscription period, the inception date is the day after that period ends. Investment performance is measured from the inception date.
R-Squared. A measure of how much of a fund’s past returns can be explained by the returns from the market in general, as measured by a given index. If a fund’s total returns were precisely synchronized with an index’s returns, its R-squared would be 1.00. If the fund’s returns bore no relationship to the index’s returns, its R-squared would be 0. For this report, R-squared is based on returns over the past 36 months for both the fund and the index.
Short-Term Reserves. The percentage of a fund invested in highly liquid, short-term securities that can be readily converted to cash.
Yield to Maturity. This term generally refers to the rate of return an investor would receive if the fixed income securities held by a fund were held to their maturity dates. For the Inflation-Protected Securities Fund, the calculation is modified by adding in the inflation adjustment made over the past 12 months. This change results in a figure more directly comparable to the yield-to-maturity figures for other types of bond funds. (An unmodified yield to maturity is used in calculating the fund’s 30-Day SEC Yield.)
34
BLOOMBERG is a trademark and service mark of Bloomberg Finance L.P. BARCLAYS is a trademark and service mark of Barclays Bank Plc, used under license. Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (BISL) (collectively, Bloomberg), or Bloomberg’s licensors, own all proprietary rights in the Bloomberg Barclays U.S. Treasury Inflation Protected Securities Index (the Index or Bloomberg Barclays Index).
Neither Barclays Bank Plc, Barclays Capital Inc., or any affiliate (collectively Barclays) or Bloomberg is the issuer or producer of the Inflation-Protected Securities Fund and neither Bloomberg nor Barclays has any responsibilities, obligations or duties to investors in the Inflation-Protected Securities Fund. The Index is licensed for use by The Vanguard Group, Inc. (Vanguard) as the sponsor of the Inflation-Protected Securities Fund. Bloomberg and Barclays’ only relationship with Vanguard in respect of the Index is the licensing of the Index, which is determined, composed and calculated by BISL, or any successor thereto, without regard to the Issuer or the Inflation-Protected Securities Fund or the owners of the Inflation-Protected Securities Fund.
Additionally, Vanguard may for itself execute transaction(s) with Barclays in or relating to the Index in connection with the Inflation-Protected Securities Fund. Investors acquire the Inflation-Protected Securities Fund from Vanguard and investors neither acquire any interest in the Index nor enter into any relationship of any kind whatsoever with Bloomberg or Barclays upon making an investment in the Inflation-Protected Securities Fund. The Inflation-Protected Securities Fund is not sponsored, endorsed, sold or promoted by Bloomberg or Barclays. Neither Bloomberg nor Barclays makes any representation or warranty, express or implied regarding the advisability of investing in the Inflation-Protected Securities Fund or the advisability of investing in securities generally or the ability of the Index to track corresponding or relative market performance. Neither Bloomberg nor Barclays has passed on the legality or suitability of the Inflation-Protected Securities Fund with respect to any person or entity. Neither Bloomberg nor Barclays is responsible for and has not participated in the determination of the timing of, prices at, or quantities of the Inflation-Protected Securities Fund to be issued. Neither Bloomberg nor Barclays has any obligation to take the needs of the Issuer or the owners of the Inflation-Protected Securities Fund or any other third party into consideration in determining, composing or calculating the Index. Neither Bloomberg nor Barclays has any obligation or liability in connection with administration, marketing or trading of the Inflation-Protected Securities Fund.
The licensing agreement between Bloomberg and Barclays is solely for the benefit of Bloomberg and Barclays and not for the benefit of the owners of the Inflation-Protected Securities Fund, investors or other third parties. In addition, the licensing agreement between Vanguard and Bloomberg is solely for the benefit of Vanguard and Bloomberg and not for the benefit of the owners of the Inflation-Protected Securities Fund, investors or other third parties.
35
NEITHER BLOOMBERG NOR BARCLAYS SHALL HAVE ANY LIABILITY TO THE ISSUER, INVESTORS OR TO OTHER THIRD PARTIES FOR THE QUALITY, ACCURACY AND/OR COMPLETENESS OF THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN OR FOR INTERRUPTIONS IN THE DELIVERY OF THE BLOOMBERG BARCLAYS INDEX. NEITHER BLOOMBERG NOR BARCLAYS MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER, THE INVESTORS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN. NEITHER BLOOMBERG NOR BARCLAYS MAKES ANY EXPRESS OR IMPLIED WARRANTIES, AND EACH HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN. BLOOMBERG RESERVES THE RIGHT TO CHANGE THE METHODS OF CALCULATION OR PUBLICATION, OR TO CEASE THE CALCULATION OR PUBLICATION OF THE BLOOMBERG BARCLAYS INDEX, AND NEITHER BLOOMBERG NOR BARCLAYS SHALL BE LIABLE FOR ANY MISCALCULATION OF OR ANY INCORRECT, DELAYED OR INTERRUPTED PUBLICATION WITH RESPECT TO THE BLOOMBERG BARCLAYS INDEX. NEITHER BLOOMBERG NOR BARCLAYS SHALL BE LIABLE FOR ANY DAMAGES, INCLUDING, WITHOUT LIMITATION, ANY SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, OR ANY LOST PROFITS AND EVEN IF ADVISED OF THE POSSIBLITY OF SUCH, RESULTING FROM THE USE OF THE BLOOMBERG BARCLAYS INDEX OR ANY DATA INCLUDED THEREIN OR WITH RESPECT TO THE INFLATION-PROTECTED SECURITIES FUND.
None of the information supplied by Bloomberg or Barclays and used in this publication may be reproduced in any manner without the prior written permission of both Bloomberg and Barclays Capital, the investment banking division of Barclays Bank Plc. Barclays Bank Plc is registered in England No. 1026167. Registered office 1 Churchill Place London E14 5HP.
© 2017 Bloomberg. Used with Permission.
Source: Bloomberg Index Services Limited. Copyright 2017, Bloomberg. All rights reserved.
36
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The People Who Govern Your Fund
The trustees of your mutual fund are there to see that the fund is operated and managed in your best interests since, as a shareholder, you are a part owner of the fund. Your fund’s trustees also serve on the board of directors of The Vanguard Group, Inc., which is owned by the Vanguard funds and provides services to them on an at-cost basis.
A majority of Vanguard’s board members are independent, meaning that they have no affiliation with Vanguard or the funds they oversee, apart from the sizable personal investments they have made as private individuals. The independent board members have distinguished backgrounds in business, academia, and public service. Each of the trustees and executive officers oversees 201 Vanguard funds.
Information for each trustee and executive officer of the fund appears below. The mailing address of the trustees and officers is P.O. Box 876, Valley Forge, PA 19482. More information about the trustees is in the Statement of Additional Information, which can be obtained, without charge, by contacting Vanguard at 800-662-7447, or online at vanguard.com.
Interested Trustee1
F. William McNabb III
Born 1957. Trustee Since July 2009. Chairman of the Board. Principal Occupation(s) During the Past Five Years and Other Experience: Chairman of the Board of The Vanguard Group, Inc., and of each of the investment companies served by The Vanguard Group, since January 2010; Chief Executive Officer and Director of The Vanguard Group and President and Chief Executive Officer of each of the investment companies served by The Vanguard Group, since 2008; Director of Vanguard Marketing Corporation; President of The Vanguard Group (2008–2017); Managing Director of The Vanguard Group (1995–2008).
Independent Trustees
Emerson U. Fullwood
Born 1948. Trustee Since January 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Executive Chief Staff and Marketing Officer for North America and Corporate Vice President (retired 2008) of Xerox Corporation (document management products and services);
Executive in Residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology; Lead Director of SPX FLOW, Inc. (multi-industry manufacturing); Director of the United Way of Rochester, the University of Rochester Medical Center, Monroe Community College Foundation, North Carolina A&T University, and Roberts Wesleyan College; Trustee of the University of Rochester.
Rajiv L. Gupta
Born 1945. Trustee Since December 2001.2 Principal Occupation(s) During the Past Five Years and Other Experience: Chairman and Chief Executive Officer (retired 2009) and President (2006–2008) of Rohm and Haas Co. (chemicals); Director of Arconic Inc. (diversified manufacturer), HP Inc. (printer and personal computer manufacturing), and Delphi Automotive plc (automotive components); Senior Advisor at New Mountain Capital.
Amy Gutmann
Born 1949. Trustee Since June 2006. Principal Occupation(s) During the Past Five Years and Other Experience: President of the University of Pennsylvania; Christopher H. Browne
1 Mr. McNabb is considered an “interested person,” as defined in the Investment Company Act of 1940, because he is an officer of the
Vanguard funds.
2 December 2002 for Vanguard Equity Income Fund, the Vanguard Municipal Bond Funds, and the Vanguard State Tax-Exempt Funds.
Distinguished Professor of Political Science, School of Arts and Sciences, and Professor of Communication, Annenberg School for Communication, with secondary faculty appointments in the Department of Philosophy, School of Arts and Sciences, and at the Graduate School of Education, University of Pennsylvania; Trustee of the National Constitution Center.
JoAnn Heffernan Heisen
Born 1950. Trustee Since July 1998. Principal Occupation(s) During the Past Five Years and Other Experience: Corporate Vice President and Member of the Executive Committee (1997–2008), Chief Global Diversity Officer (retired 2008), Vice President and Chief Information Officer (1997–2006), Controller (1995–1997), Treasurer (1991–1995), and Assistant Treasurer (1989–1991) of Johnson & Johnson (pharmaceuticals/medical devices/ consumer products); Director of Skytop Lodge Corporation (hotels) and the Robert Wood Johnson Foundation; Member of the Advisory Board of the Institute for Women’s Leadership at Rutgers University.
F. Joseph Loughrey
Born 1949. Trustee Since October 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2009) of Cummins Inc. (industrial machinery); Chairman of the Board of Hillenbrand, Inc. (specialized consumer services), Oxfam America, and the Lumina Foundation for Education; Director of the V Foundation for Cancer Research; Member of the Advisory Council for the College of Arts and Letters and Chair of the Advisory Board to the Kellogg Institute for International Studies, both at the University of Notre Dame.
Mark Loughridge
Born 1953. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Senior Vice President and Chief Financial Officer (retired 2013) at IBM (information technology services); Fiduciary Member of IBM’s Retirement Plan Committee (2004–2013); Member of the Council on Chicago Booth.
Scott C. Malpass
Born 1962. Trustee Since March 2012. Principal Occupation(s) During the Past Five Years and Other Experience: Chief Investment Officer and Vice President at the University of Notre Dame; Assistant Professor of Finance at the Mendoza College of Business at Notre Dame; Member of the Notre Dame 403(b) Investment Committee, the Board of Advisors for Spruceview Capital Partners, the Board of Catholic Investment Services, Inc. (investment advisor), and the Board of Superintendence of the Institute for the Works of Religion; Chairman of the Board of TIFF Advisory Services, Inc. (investment advisor).
André F. Perold
Born 1952. Trustee Since December 2004. Principal Occupation(s) During the Past Five Years and Other Experience: George Gund Professor of Finance and Banking, Emeritus at the Harvard Business School (retired 2011); Chief Investment Officer and Co-Managing Partner of HighVista Strategies LLC (private investment firm); Overseer of the Museum of Fine Arts Boston.
Peter F. Volanakis
Born 1955. Trustee Since July 2009. Principal Occupation(s) During the Past Five Years and Other Experience: President and Chief Operating Officer (retired 2010) of Corning Incorporated (communications equipment); Chairman of the Board of Trustees of Colby-Sawyer College; Member of the Board of Hypertherm, Inc. (industrial cutting systems, software, and consumables).
Executive Officers
Glenn Booraem
Born 1967. Investment Stewardship Officer Since February 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer (2015–2017), Controller (2010–2015), and Assistant Controller (2001–2010) of each of the investment companies served by The Vanguard Group.
Christine M. Buchanan
Born 1970. Treasurer Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Treasurer of each of the investment companies served by The Vanguard Group; Global Head of Vanguard Fund Administration at The Vanguard Group; Partner at KPMG LLP (2005–2017).
Thomas J. Higgins
Born 1957. Chief Financial Officer Since September 2008. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Chief Financial Officer of each of the investment companies served by The Vanguard Group; Treasurer of each of the investment companies served by The Vanguard Group (1998–2008).
Peter Mahoney
Born 1974. Controller Since May 2015. Principal Occupation(s) During the Past Five Years and Other Experience: Principal of The Vanguard Group, Inc.; Controller of each of the investment companies served by The Vanguard Group; Head of International Fund Services at The Vanguard Group (2008–2014).
Anne E. Robinson
Born 1970. Secretary Since September 2016. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; General Counsel of The Vanguard Group; Secretary of The Vanguard Group
and of each of the investment companies served by The Vanguard Group; Director and Senior Vice President of Vanguard Marketing Corporation; Managing Director and General Counsel of Global Cards and Consumer Services at Citigroup (2014–2016); Counsel at American Express (2003–2014).
Michael Rollings
Born 1963. Finance Director Since November 2017. Principal Occupation(s) During the Past Five Years and Other Experience: Managing Director of The Vanguard Group, Inc.; Director of Vanguard Marketing Corporation; Treasurer of each of the investment companies served by The Vanguard Group (February 2017–November 2017); Executive Vice President and Chief Financial Officer of MassMutual Financial Group (2006–2016).
Vanguard Senior Management Team | |
Mortimer J. Buckley | Chris D. McIsaac |
Gregory Davis | James M. Norris |
John James | Thomas M. Rampulla |
Martha G. King | Karin A. Risi |
John T. Marcante | |
Chairman Emeritus and Senior Advisor | |
John J. Brennan | |
Chairman, 1996–2009 | |
Chief Executive Officer and President, 1996–2008 | |
Founder | |
John C. Bogle | |
Chairman and Chief Executive Officer, 1974–1996 |
P.O. Box 2600 | |
Connect with Vanguard® > vanguard.com | |
Fund Information > 800-662-7447 | |
Direct Investor Account Services > 800-662-2739 | |
Institutional Investor Services > 800-523-1036 | |
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Who Are Deaf or Hard of Hearing> 800-749-7273 | |
This material may be used in conjunction | |
with the offering of shares of any Vanguard | |
fund only if preceded or accompanied by | |
the fund’s current prospectus. | |
All comparative mutual fund data are from Lipper, a | |
Thomson Reuters Company, or Morningstar, Inc., unless | |
otherwise noted. | |
You can obtain a free copy of Vanguard’s proxy voting | |
guidelines by visiting vanguard.com/proxyreporting or by | |
calling Vanguard at 800-662-2739. The guidelines are | |
also available from the SEC’s website, sec.gov. In | |
addition, you may obtain a free report on how your fund | |
voted the proxies for securities it owned during the 12 | |
months ended June 30. To get the report, visit either | |
vanguard.com/proxyreporting or sec.gov. | |
You can review and copy information about your fund at | |
the SEC’s Public Reference Room in Washington, D.C. To | |
find out more about this public service, call the SEC at | |
202-551-8090. Information about your fund is also | |
available on the SEC’s website, and you can receive | |
copies of this information, for a fee, by sending a | |
request in either of two ways: via email addressed to | |
publicinfo@sec.gov or via regular mail addressed to the | |
Public Reference Section, Securities and Exchange | |
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© 2018 The Vanguard Group, Inc. | |
All rights reserved. | |
Vanguard Marketing Corporation, Distributor. | |
Q1190 022018 |
Item 2: Code of Ethics. The Registrant has adopted a code of ethics that applies to the Registrant’s principal
executive officer, principal financial officer, principal accounting officer or controller or persons performing similar
functions. The Code of Ethics was amended during the reporting period covered by this report to make certain
technical, non-material changes.
Item 3: Audit Committee Financial Expert. All members of the Audit Committee have been determined by the
Registrant’s Board of Trustees to be Audit Committee Financial Experts and to be independent: Rajiv L. Gupta,
JoAnn Heffernan Heisen, F. Joseph Loughrey, Mark Loughridge, and Peter F. Volanakis.
Item 4: Principal Accountant Fees and Services.
(a) Audit Fees.
Audit Fees of the Registrant
Fiscal Year Ended December 31, 2017: $477,000
Fiscal Year Ended December 31, 2016: $281,000
Aggregate Audit Fees of Registered Investment Companies in the Vanguard Group.
Fiscal Year Ended December 31, 2017: $8,424,459
Fiscal Year Ended December 31, 2016: $9,629,849
Includes fees billed in connection with audits of the Registrant, other registered investment companies in the
Vanguard complex, The Vanguard Group, Inc. and Vanguard Marketing Corporation.
(b) Audit-Related Fees.
Fiscal Year Ended December 31, 2017: $3,194,093
Fiscal Year Ended December 31, 2016: $2,717,627
Includes fees billed in connection with assurance and related services provided to the Registrant, other
registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and Vanguard
Marketing Corporation.
(c) Tax Fees.
Fiscal Year Ended December 31, 2017: $274,313
Fiscal Year Ended December 31, 2016: $254,050
Includes fees billed in connection with tax compliance, planning, and advice services provided to the
Registrant, other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., and
Vanguard Marketing Corporation.
(d) All Other Fees.
Fiscal Year Ended December 31, 2017: $0
Fiscal Year Ended December 31, 2016: $214,225
Includes fees billed for services related to tax reported information provided to the Registrant, other registered
investment companies in the Vanguard complex, The Vanguard Group, Inc., and Vanguard Marketing
Corporation.
(e) (1) Pre-Approval Policies. The policy of the Registrant’s Audit Committee is to consider and, if
appropriate, approve before the principal accountant is engaged for such services, all specific audit and non-
audit services provided to: the Registrant, other registered investment companies in the Vanguard complex,
The Vanguard Group, Inc., and entities controlled by The Vanguard Group, Inc. that provide ongoing services
to the Registrant. In making a determination, the Audit Committee considers whether the services are
consistent with maintaining the principal accountant’s independence.
In the event of a contingency situation in which the principal accountant is needed to provide services in
between scheduled Audit Committee meetings, the Chairman of the Audit Committee would be called on to
consider and, if appropriate, pre-approve audit or permitted non-audit services in an amount sufficient to
complete services through the next Audit Committee meeting, and to determine if such services would be
consistent with maintaining the accountant’s independence. At the next scheduled Audit Committee meeting,
services and fees would be presented to the Audit Committee for formal consideration, and, if appropriate,
approval by the entire Audit Committee. The Audit Committee would again consider whether such services and
fees are consistent with maintaining the principal accountant’s independence.
The Registrant’s Audit Committee is informed at least annually of all audit and non-audit services provided
by the principal accountant to the Vanguard complex, whether such services are provided to: the Registrant,
other registered investment companies in the Vanguard complex, The Vanguard Group, Inc., or other entities
controlled by The Vanguard Group, Inc. that provide ongoing services to the Registrant.
(2) No percentage of the principal accountant’s fees or services were approved pursuant to the waiver
provision of paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.
(f) For the most recent fiscal year, over 50% of the hours worked under the principal accountant’s
engagement were not performed by persons other than full-time, permanent employees of the principal
accountant.
(g) Aggregate Non-Audit Fees.
Fiscal Year Ended December 31, 2017: $274,313
Fiscal Year Ended December 31, 2016: $468,275
Includes fees billed for non-audit services provided to the Registrant, other registered investment companies in
the Vanguard complex, The Vanguard Group, Inc., and Vanguard Marketing Corporation.
(h) For the most recent fiscal year, the Audit Committee has determined that the provision of all non-audit
services was consistent with maintaining the principal accountant’s independence.
Item 5: Audit Committee of Listed Registrants.
The Registrant is a listed issuer as defined in rule 10A-3 under the Securities Exchange Act of 1934 (“Exchange Act”).
The Registrant has a separately-designated standing audit committee established in accordance with Section
3(a)(58)(A) of the Exchange Act. The Registrant’s audit committee members are: Rajiv L. Gupta, JoAnn Heffernan
Heisen, F. Joseph Loughrey, Mark Loughridge, and Peter F. Volanakis.
Item 6: Investments.
Vanguard® Short-Term Bond Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
U.S. Government and Agency Obligations (63.9%) | ||||
U.S. Government Securities (60.2%) | ||||
United States Treasury Note/Bond | 1.375% | 12/31/18 | 810 | 806 |
United States Treasury Note/Bond | 1.500% | 12/31/18 | 66,173 | 65,967 |
United States Treasury Note/Bond | 1.125% | 1/15/19 | 342,680 | 340,216 |
United States Treasury Note/Bond | 1.125% | 1/31/19 | 25,345 | 25,155 |
United States Treasury Note/Bond | 1.250% | 1/31/19 | 3,150 | 3,130 |
United States Treasury Note/Bond | 1.500% | 1/31/19 | 287,610 | 286,531 |
United States Treasury Note/Bond | 0.750% | 2/15/19 | 434,379 | 429,084 |
United States Treasury Note/Bond | 2.750% | 2/15/19 | 16,100 | 16,258 |
United States Treasury Note/Bond | 8.875% | 2/15/19 | 245 | 264 |
United States Treasury Note/Bond | 1.125% | 2/28/19 | 76,920 | 76,295 |
United States Treasury Note/Bond | 1.375% | 2/28/19 | 9,915 | 9,861 |
United States Treasury Note/Bond | 1.500% | 2/28/19 | 383,550 | 381,993 |
United States Treasury Note/Bond | 1.000% | 3/15/19 | 185,835 | 183,977 |
United States Treasury Note/Bond | 1.250% | 3/31/19 | 36,785 | 36,509 |
United States Treasury Note/Bond | 1.500% | 3/31/19 | 16,375 | 16,303 |
United States Treasury Note/Bond | 1.625% | 3/31/19 | 647,230 | 645,411 |
United States Treasury Note/Bond | 0.875% | 4/15/19 | 292,320 | 288,713 |
United States Treasury Note/Bond | 1.250% | 4/30/19 | 122,911 | 121,931 |
United States Treasury Note/Bond | 1.625% | 4/30/19 | 347,774 | 346,741 |
United States Treasury Note/Bond | 0.875% | 5/15/19 | 345,105 | 340,629 |
United States Treasury Note/Bond | 3.125% | 5/15/19 | 2,625 | 2,670 |
United States Treasury Note/Bond | 1.125% | 5/31/19 | 800 | 792 |
United States Treasury Note/Bond | 1.250% | 5/31/19 | 197,001 | 195,370 |
United States Treasury Note/Bond | 1.500% | 5/31/19 | 382,425 | 380,513 |
United States Treasury Note/Bond | 0.875% | 6/15/19 | 113,612 | 112,032 |
United States Treasury Note/Bond | 1.000% | 6/30/19 | 11,705 | 11,561 |
United States Treasury Note/Bond | 1.250% | 6/30/19 | 134,466 | 133,268 |
United States Treasury Note/Bond | 1.625% | 6/30/19 | 383,139 | 381,821 |
United States Treasury Note/Bond | 0.750% | 7/15/19 | 24,123 | 23,720 |
United States Treasury Note/Bond | 0.875% | 7/31/19 | 63,239 | 62,280 |
United States Treasury Note/Bond | 1.375% | 7/31/19 | 188,809 | 187,393 |
United States Treasury Note/Bond | 1.625% | 7/31/19 | 309,561 | 308,400 |
United States Treasury Note/Bond | 0.750% | 8/15/19 | 215,332 | 211,529 |
United States Treasury Note/Bond | 3.625% | 8/15/19 | 1,190 | 1,223 |
United States Treasury Note/Bond | 8.125% | 8/15/19 | 180 | 198 |
United States Treasury Note/Bond | 1.000% | 8/31/19 | 13,245 | 13,059 |
United States Treasury Note/Bond | 1.250% | 8/31/19 | 46,000 | 45,533 |
United States Treasury Note/Bond | 1.625% | 8/31/19 | 511,191 | 509,115 |
United States Treasury Note/Bond | 0.875% | 9/15/19 | 258,280 | 253,962 |
United States Treasury Note/Bond | 1.000% | 9/30/19 | 10,750 | 10,592 |
United States Treasury Note/Bond | 1.375% | 9/30/19 | 25,477 | 25,258 |
United States Treasury Note/Bond | 1.750% | 9/30/19 | 406,596 | 405,706 |
United States Treasury Note/Bond | 1.000% | 10/15/19 | 348,275 | 342,995 |
United States Treasury Note/Bond | 1.250% | 10/31/19 | 675 | 667 |
United States Treasury Note/Bond | 1.500% | 10/31/19 | 487,273 | 483,999 |
United States Treasury Note/Bond | 1.000% | 11/15/19 | 106,550 | 104,836 |
United States Treasury Note/Bond | 3.375% | 11/15/19 | 46,927 | 48,217 |
United States Treasury Note/Bond | 1.500% | 11/30/19 | 885,129 | 878,765 |
United States Treasury Note/Bond | 1.750% | 11/30/19 | 3,070 | 3,062 |
United States Treasury Note/Bond | 1.375% | 12/15/19 | 208,970 | 206,945 |
United States Treasury Note/Bond | 1.125% | 12/31/19 | 33,950 | 33,446 |
United States Treasury Note/Bond | 1.625% | 12/31/19 | 220,449 | 219,278 |
United States Treasury Note/Bond | 1.875% | 12/31/19 | 126,040 | 126,020 |
United States Treasury Note/Bond | 1.375% | 1/15/20 | 95,405 | 94,421 |
United States Treasury Note/Bond | 1.250% | 1/31/20 | 409,467 | 404,156 |
United States Treasury Note/Bond | 1.375% | 1/31/20 | 33,850 | 33,491 |
United States Treasury Note/Bond | 1.375% | 2/15/20 | 178,313 | 176,363 |
United States Treasury Note/Bond | 3.625% | 2/15/20 | 76,900 | 79,639 |
United States Treasury Note/Bond | 1.250% | 2/29/20 | 935 | 922 |
United States Treasury Note/Bond | 1.375% | 2/29/20 | 540,182 | 534,105 |
United States Treasury Note/Bond | 1.625% | 3/15/20 | 208,980 | 207,739 |
1
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 1.125% | 3/31/20 | 15,750 | 15,479 |
United States Treasury Note/Bond | 1.375% | 3/31/20 | 725,013 | 716,632 |
United States Treasury Note/Bond | 1.500% | 4/15/20 | 293,296 | 290,592 |
United States Treasury Note/Bond | 1.125% | 4/30/20 | 835 | 820 |
United States Treasury Note/Bond | 1.375% | 4/30/20 | 314,470 | 310,589 |
United States Treasury Note/Bond | 1.500% | 5/15/20 | 340,461 | 337,162 |
United States Treasury Note/Bond | 3.500% | 5/15/20 | 1,495 | 1,549 |
United States Treasury Note/Bond | 8.750% | 5/15/20 | 160 | 185 |
United States Treasury Note/Bond | 1.375% | 5/31/20 | 975 | 963 |
United States Treasury Note/Bond | 1.500% | 5/31/20 | 445,312 | 440,859 |
United States Treasury Note/Bond | 1.500% | 6/15/20 | 78,982 | 78,180 |
United States Treasury Note/Bond | 1.625% | 6/30/20 | 277,165 | 275,131 |
United States Treasury Note/Bond | 1.875% | 6/30/20 | 600 | 599 |
United States Treasury Note/Bond | 1.500% | 7/15/20 | 255,333 | 252,621 |
United States Treasury Note/Bond | 1.625% | 7/31/20 | 575,534 | 571,039 |
United States Treasury Note/Bond | 2.000% | 7/31/20 | 5,225 | 5,233 |
United States Treasury Note/Bond | 1.500% | 8/15/20 | 126,412 | 125,029 |
United States Treasury Note/Bond | 2.625% | 8/15/20 | 1,560 | 1,587 |
United States Treasury Note/Bond | 8.750% | 8/15/20 | 250 | 293 |
United States Treasury Note/Bond | 1.375% | 8/31/20 | 1,060,845 | 1,045,431 |
United States Treasury Note/Bond | 2.125% | 8/31/20 | 28,973 | 29,109 |
United States Treasury Note/Bond | 1.375% | 9/15/20 | 64,367 | 63,452 |
United States Treasury Note/Bond | 1.375% | 9/30/20 | 442,932 | 436,151 |
United States Treasury Note/Bond | 2.000% | 9/30/20 | 10,508 | 10,523 |
United States Treasury Note/Bond | 1.625% | 10/15/20 | 141,901 | 140,637 |
United States Treasury Note/Bond | 1.375% | 10/31/20 | 541,106 | 532,313 |
United States Treasury Note/Bond | 1.750% | 10/31/20 | 103,820 | 103,237 |
United States Treasury Note/Bond | 1.750% | 11/15/20 | 191,259 | 190,154 |
United States Treasury Note/Bond | 2.625% | 11/15/20 | 2,555 | 2,601 |
United States Treasury Note/Bond | 1.625% | 11/30/20 | 662,760 | 656,026 |
United States Treasury Note/Bond | 2.000% | 11/30/20 | 8,760 | 8,768 |
United States Treasury Note/Bond | 1.875% | 12/15/20 | 495,000 | 493,530 |
United States Treasury Note/Bond | 1.750% | 12/31/20 | 228,269 | 226,664 |
United States Treasury Note/Bond | 2.375% | 12/31/20 | 5,070 | 5,126 |
United States Treasury Note/Bond | 1.375% | 1/31/21 | 321,339 | 315,214 |
United States Treasury Note/Bond | 2.125% | 1/31/21 | 7,250 | 7,274 |
United States Treasury Note/Bond | 3.625% | 2/15/21 | 1,740 | 1,825 |
United States Treasury Note/Bond | 7.875% | 2/15/21 | 250 | 294 |
United States Treasury Note/Bond | 1.125% | 2/28/21 | 454,402 | 441,765 |
United States Treasury Note/Bond | 2.000% | 2/28/21 | 75,350 | 75,291 |
United States Treasury Note/Bond | 1.250% | 3/31/21 | 657,351 | 641,121 |
United States Treasury Note/Bond | 2.250% | 3/31/21 | 775 | 780 |
United States Treasury Note/Bond | 1.375% | 4/30/21 | 218,407 | 213,663 |
United States Treasury Note/Bond | 2.250% | 4/30/21 | 950 | 956 |
United States Treasury Note/Bond | 3.125% | 5/15/21 | 1,380 | 1,428 |
United States Treasury Note/Bond | 8.125% | 5/15/21 | 190 | 227 |
United States Treasury Note/Bond | 1.375% | 5/31/21 | 613,845 | 599,935 |
United States Treasury Note/Bond | 2.000% | 5/31/21 | 1,100 | 1,098 |
United States Treasury Note/Bond | 1.125% | 6/30/21 | 549,223 | 531,802 |
United States Treasury Note/Bond | 2.125% | 6/30/21 | 1,150 | 1,152 |
United States Treasury Note/Bond | 1.125% | 7/31/21 | 253,355 | 245,002 |
United States Treasury Note/Bond | 2.250% | 7/31/21 | 1,350 | 1,358 |
United States Treasury Note/Bond | 2.125% | 8/15/21 | 120,173 | 120,323 |
United States Treasury Note/Bond | 1.125% | 8/31/21 | 653,088 | 630,843 |
United States Treasury Note/Bond | 2.000% | 8/31/21 | 16,209 | 16,153 |
United States Treasury Note/Bond | 1.125% | 9/30/21 | 700,263 | 675,642 |
United States Treasury Note/Bond | 2.125% | 9/30/21 | 31,400 | 31,415 |
United States Treasury Note/Bond | 1.250% | 10/31/21 | 923,976 | 895,102 |
United States Treasury Note/Bond | 2.000% | 10/31/21 | 18,630 | 18,551 |
United States Treasury Note/Bond | 2.000% | 11/15/21 | 21,575 | 21,511 |
United States Treasury Note/Bond | 1.750% | 11/30/21 | 312,639 | 308,243 |
United States Treasury Note/Bond | 1.875% | 11/30/21 | 1,069 | 1,060 |
United States Treasury Note/Bond | 2.000% | 12/31/21 | 264,378 | 263,014 |
United States Treasury Note/Bond | 2.125% | 12/31/21 | 1,450 | 1,450 |
2
Vanguard® Short-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
United States Treasury Note/Bond | 1.500% | 1/31/22 | 69,500 | 67,774 | |
United States Treasury Note/Bond | 1.875% | 1/31/22 | 671,005 | 663,980 | |
United States Treasury Note/Bond | 2.000% | 2/15/22 | 169,513 | 168,665 | |
United States Treasury Note/Bond | 1.750% | 2/28/22 | 201,961 | 198,806 | |
United States Treasury Note/Bond | 1.875% | 2/28/22 | 79,660 | 78,789 | |
United States Treasury Note/Bond | 1.750% | 3/31/22 | 229,242 | 225,446 | |
United States Treasury Note/Bond | 1.875% | 3/31/22 | 444,170 | 439,102 | |
United States Treasury Note/Bond | 1.750% | 4/30/22 | 392,640 | 385,832 | |
United States Treasury Note/Bond | 1.875% | 4/30/22 | 132,760 | 131,163 | |
United States Treasury Note/Bond | 1.750% | 5/15/22 | 217,660 | 214,123 | |
United States Treasury Note/Bond | 1.750% | 5/31/22 | 493,287 | 484,654 | |
United States Treasury Note/Bond | 1.750% | 6/30/22 | 119,680 | 117,511 | |
United States Treasury Note/Bond | 2.125% | 6/30/22 | 54,730 | 54,610 | |
United States Treasury Note/Bond | 1.875% | 7/31/22 | 258,294 | 254,742 | |
United States Treasury Note/Bond | 2.000% | 7/31/22 | 145,520 | 144,405 | |
United States Treasury Note/Bond | 1.625% | 8/15/22 | 82,447 | 80,476 | |
United States Treasury Note/Bond | 1.625% | 8/31/22 | 614,771 | 599,402 | |
United States Treasury Note/Bond | 1.875% | 8/31/22 | 269,117 | 265,333 | |
United States Treasury Note/Bond | 1.750% | 9/30/22 | 86,085 | 84,350 | |
United States Treasury Note/Bond | 1.875% | 9/30/22 | 193,712 | 190,897 | |
United States Treasury Note/Bond | 1.875% | 10/31/22 | 915 | 902 | |
United States Treasury Note/Bond | 2.000% | 10/31/22 | 233,585 | 231,541 | |
United States Treasury Note/Bond | 1.625% | 11/15/22 | 161,143 | 156,989 | |
United States Treasury Note/Bond | 2.000% | 11/30/22 | 603,160 | 597,786 | |
United States Treasury Note/Bond | 2.125% | 12/31/22 | 756,286 | 753,094 | |
United States Treasury Note/Bond | 1.750% | 1/31/23 | 200,000 | 195,532 | |
31,088,495 | |||||
Agency Bonds and Notes (3.7%) | |||||
1 | AID-Iraq | 2.149% | 1/18/22 | 9,755 | 9,723 |
1 | AID-Jordan | 1.945% | 6/23/19 | 5,600 | 5,592 |
1 | AID-Jordan | 2.503% | 10/30/20 | 7,250 | 7,298 |
1 | AID-Jordan | 2.578% | 6/30/22 | 3,200 | 3,215 |
1 | AID-Tunisia | 2.452% | 7/24/21 | 2,175 | 2,185 |
1 | AID-Tunisia | 1.416% | 8/5/21 | 4,885 | 4,714 |
1 | AID-Ukraine | 1.844% | 5/16/19 | 3,400 | 3,384 |
1 | AID-Ukraine | 1.847% | 5/29/20 | 6,000 | 5,950 |
1 | AID-Ukraine | 1.471% | 9/29/21 | 10,305 | 9,994 |
2 | Federal Farm Credit Banks | 5.150% | 11/15/19 | 7,621 | 8,067 |
2 | Federal Farm Credit Banks | 1.680% | 10/13/20 | 7,650 | 7,576 |
2 | Federal Home Loan Banks | 1.250% | 1/16/19 | 42,000 | 41,758 |
2 | Federal Home Loan Banks | 1.500% | 3/8/19 | 300 | 299 |
2 | Federal Home Loan Banks | 1.375% | 3/18/19 | 48,500 | 48,223 |
2 | Federal Home Loan Banks | 5.375% | 5/15/19 | 11,920 | 12,480 |
2 | Federal Home Loan Banks | 1.125% | 6/21/19 | 58,580 | 57,939 |
2 | Federal Home Loan Banks | 0.875% | 8/5/19 | 20,250 | 19,922 |
2 | Federal Home Loan Banks | 5.125% | 8/15/19 | 7,350 | 7,725 |
2 | Federal Home Loan Banks | 1.000% | 9/26/19 | 20,800 | 20,474 |
2 | Federal Home Loan Banks | 1.500% | 10/21/19 | 67,250 | 66,736 |
2 | Federal Home Loan Banks | 1.375% | 11/15/19 | 39,475 | 39,065 |
2 | Federal Home Loan Banks | 1.250% | 12/13/19 | 8,875 | 8,755 |
2 | Federal Home Loan Banks | 4.125% | 12/13/19 | 250 | 260 |
2 | Federal Home Loan Banks | 1.875% | 3/13/20 | 16,775 | 16,740 |
2 | Federal Home Loan Banks | 4.125% | 3/13/20 | 40,670 | 42,542 |
2 | Federal Home Loan Banks | 1.750% | 6/12/20 | 300 | 298 |
2 | Federal Home Loan Banks | 3.375% | 6/12/20 | 7,025 | 7,254 |
2 | Federal Home Loan Banks | 1.375% | 9/28/20 | 18,250 | 17,934 |
2 | Federal Home Loan Banks | 5.250% | 12/11/20 | 3,400 | 3,708 |
2 | Federal Home Loan Banks | 1.375% | 2/18/21 | 18,000 | 17,623 |
2 | Federal Home Loan Banks | 5.625% | 6/11/21 | 13,465 | 15,029 |
2 | Federal Home Loan Banks | 1.125% | 7/14/21 | 19,600 | 18,934 |
2 | Federal Home Loan Banks | 1.875% | 11/29/21 | 52,600 | 52,043 |
3,4 | Federal Home Loan Mortgage Corp. | 0.950% | 1/30/19 | 125 | 124 |
4 | Federal Home Loan Mortgage Corp. | 3.750% | 3/27/19 | 36,670 | 37,516 |
4 | Federal Home Loan Mortgage Corp. | 1.125% | 4/15/19 | 20,000 | 19,813 |
3
Vanguard® Short-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4 | Federal Home Loan Mortgage Corp. | 1.750% | 5/30/19 | 27,505 | 27,454 |
4 | Federal Home Loan Mortgage Corp. | 0.875% | 7/19/19 | 25,400 | 25,004 |
4 | Federal Home Loan Mortgage Corp. | 1.250% | 10/2/19 | 120,860 | 119,445 |
4 | Federal Home Loan Mortgage Corp. | 1.500% | 1/17/20 | 46,540 | 46,111 |
4 | Federal Home Loan Mortgage Corp. | 1.375% | 4/20/20 | 19,102 | 18,842 |
4 | Federal Home Loan Mortgage Corp. | 1.375% | 5/1/20 | 33,103 | 32,635 |
4 | Federal Home Loan Mortgage Corp. | 1.625% | 9/29/20 | 9,000 | 8,903 |
4 | Federal Home Loan Mortgage Corp. | 1.875% | 11/17/20 | 35,320 | 35,149 |
4 | Federal Home Loan Mortgage Corp. | 1.125% | 8/12/21 | 19,000 | 18,334 |
4 | Federal Home Loan Mortgage Corp. | 2.375% | 1/13/22 | 113,630 | 114,372 |
4 | Federal National Mortgage Assn. | 1.125% | 12/14/18 | 25,845 | 25,677 |
4 | Federal National Mortgage Assn. | 1.375% | 1/28/19 | 40,500 | 40,312 |
4 | Federal National Mortgage Assn. | 1.875% | 2/19/19 | 9,200 | 9,204 |
4 | Federal National Mortgage Assn. | 1.000% | 2/26/19 | 30,500 | 30,212 |
3,4 | Federal National Mortgage Assn. | 1.250% | 2/26/19 | 350 | 347 |
4 | Federal National Mortgage Assn. | 1.750% | 6/20/19 | 45,155 | 45,068 |
4 | Federal National Mortgage Assn. | 0.875% | 8/2/19 | 64,870 | 63,824 |
4 | Federal National Mortgage Assn. | 1.000% | 8/28/19 | 53,000 | 52,215 |
4 | Federal National Mortgage Assn. | 1.750% | 9/12/19 | 35,250 | 35,148 |
4 | Federal National Mortgage Assn. | 0.000% | 10/9/19 | 47,300 | 45,605 |
4 | Federal National Mortgage Assn. | 1.000% | 10/24/19 | 20,500 | 20,161 |
4 | Federal National Mortgage Assn. | 1.750% | 11/26/19 | 23,150 | 23,067 |
4 | Federal National Mortgage Assn. | 1.625% | 1/21/20 | 22,750 | 22,596 |
3,4 | Federal National Mortgage Assn. | 1.700% | 1/27/20 | 300 | 298 |
4 | Federal National Mortgage Assn. | 1.500% | 2/28/20 | 13,282 | 13,150 |
4 | Federal National Mortgage Assn. | 1.500% | 6/22/20 | 104,865 | 103,609 |
4 | Federal National Mortgage Assn. | 1.500% | 7/30/20 | 13,000 | 12,835 |
4 | Federal National Mortgage Assn. | 1.500% | 11/30/20 | 27,880 | 27,450 |
4 | Federal National Mortgage Assn. | 1.875% | 12/28/20 | 28,850 | 28,697 |
4 | Federal National Mortgage Assn. | 1.375% | 2/26/21 | 21,400 | 20,949 |
4 | Federal National Mortgage Assn. | 1.250% | 5/6/21 | 250 | 243 |
4 | Federal National Mortgage Assn. | 1.250% | 8/17/21 | 30,500 | 29,559 |
4 | Federal National Mortgage Assn. | 1.375% | 10/7/21 | 40,100 | 38,983 |
4 | Federal National Mortgage Assn. | 2.000% | 1/5/22 | 40,700 | 40,382 |
4 | Federal National Mortgage Assn. | 1.875% | 4/5/22 | 1,070 | 1,055 |
4 | Federal National Mortgage Assn. | 2.000% | 10/5/22 | 26,250 | 25,926 |
2 | Financing Corp. | 8.600% | 9/26/19 | 1,810 | 2,013 |
Private Export Funding Corp. | 4.375% | 3/15/19 | 10,650 | 10,952 | |
Private Export Funding Corp. | 1.450% | 8/15/19 | 1,000 | 991 | |
Private Export Funding Corp. | 2.300% | 9/15/20 | 6,650 | 6,674 | |
Private Export Funding Corp. | 4.300% | 12/15/21 | 9,940 | 10,688 | |
Resolution Funding Corp. | 8.625% | 1/15/21 | 850 | 1,011 | |
2 | Tennessee Valley Authority | 3.875% | 2/15/21 | 6,100 | 6,420 |
2 | Tennessee Valley Authority | 1.875% | 8/15/22 | 8,175 | 8,036 |
1,890,498 | |||||
Total U.S. Government and Agency Obligations (Cost $33,396,751) | 32,978,993 | ||||
Corporate Bonds (27.4%) | |||||
Finance (11.2%) | |||||
Banking (9.2%) | |||||
American Express Co. | 8.125% | 5/20/19 | 750 | 810 | |
American Express Co. | 2.200% | 10/30/20 | 12,000 | 11,906 | |
American Express Co. | 2.500% | 8/1/22 | 13,750 | 13,583 | |
American Express Co. | 2.650% | 12/2/22 | 5,048 | 5,001 | |
American Express Credit Corp. | 2.125% | 3/18/19 | 7,743 | 7,743 | |
American Express Credit Corp. | 1.875% | 5/3/19 | 20,770 | 20,694 | |
American Express Credit Corp. | 2.250% | 8/15/19 | 1,400 | 1,401 | |
American Express Credit Corp. | 1.700% | 10/30/19 | 1,550 | 1,535 | |
American Express Credit Corp. | 2.200% | 3/3/20 | 10,250 | 10,216 | |
American Express Credit Corp. | 2.375% | 5/26/20 | 16,685 | 16,672 | |
American Express Credit Corp. | 2.600% | 9/14/20 | 8,827 | 8,864 | |
American Express Credit Corp. | 2.250% | 5/5/21 | 26,710 | 26,459 | |
American Express Credit Corp. | 2.700% | 3/3/22 | 12,500 | 12,542 |
4
Vanguard® Short-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
Associates Corp. of North America | 6.950% | 11/1/18 | 500 | 519 | |
Australia & New Zealand Banking Group Ltd. | 2.250% | 6/13/19 | 4,750 | 4,751 | |
Australia & New Zealand Banking Group Ltd. | 1.600% | 7/15/19 | 10,400 | 10,298 | |
Australia & New Zealand Banking Group Ltd. | 2.050% | 9/23/19 | 6,000 | 5,971 | |
Australia & New Zealand Banking Group Ltd. | 2.125% | 8/19/20 | 7,000 | 6,939 | |
Australia & New Zealand Banking Group Ltd. | 2.250% | 11/9/20 | 8,000 | 7,952 | |
Australia & New Zealand Banking Group Ltd. | 2.700% | 11/16/20 | 6,375 | 6,408 | |
Australia & New Zealand Banking Group Ltd. | 2.300% | 6/1/21 | 7,750 | 7,673 | |
Australia & New Zealand Banking Group Ltd. | 2.550% | 11/23/21 | 6,000 | 5,964 | |
Australia & New Zealand Banking Group Ltd. | 2.625% | 5/19/22 | 9,000 | 8,967 | |
Australia & New Zealand Banking Group Ltd. | 2.625% | 11/9/22 | 8,000 | 7,949 | |
Banco Bilbao Vizcaya Argentaria SA | 3.000% | 10/20/20 | 10,000 | 10,088 | |
Banco Santander SA | 3.500% | 4/11/22 | 2,400 | 2,445 | |
Bancolombia SA | 5.950% | 6/3/21 | 6,120 | 6,618 | |
Bank of America Corp. | 2.600% | 1/15/19 | 4,887 | 4,906 | |
Bank of America Corp. | 5.490% | 3/15/19 | 1,075 | 1,112 | |
Bank of America Corp. | 2.650% | 4/1/19 | 15,812 | 15,921 | |
Bank of America Corp. | 7.625% | 6/1/19 | 2 | 2 | |
Bank of America Corp. | 2.250% | 4/21/20 | 15,740 | 15,737 | |
Bank of America Corp. | 2.625% | 10/19/20 | 19,218 | 19,366 | |
Bank of America Corp. | 2.151% | 11/9/20 | 7,980 | 7,919 | |
Bank of America Corp. | 2.625% | 4/19/21 | 14,470 | 14,544 | |
3 | Bank of America Corp. | 2.369% | 7/21/21 | 20,000 | 19,941 |
3 | Bank of America Corp. | 2.328% | 10/1/21 | 15,000 | 14,869 |
Bank of America Corp. | 2.503% | 10/21/22 | 21,359 | 21,130 | |
3 | Bank of America Corp. | 3.124% | 1/20/23 | 17,575 | 17,810 |
3 | Bank of America Corp. | 2.881% | 4/24/23 | 14,225 | 14,235 |
3 | Bank of America Corp. | 2.816% | 7/21/23 | 15,000 | 14,970 |
3,5 | Bank of America Corp. | 3.004% | 12/20/23 | 85,532 | 85,587 |
Bank of Montreal | 2.375% | 1/25/19 | 8,683 | 8,696 | |
Bank of Montreal | 1.500% | 7/18/19 | 7,575 | 7,503 | |
Bank of Montreal | 2.100% | 12/12/19 | 6,250 | 6,227 | |
Bank of Montreal | 2.100% | 6/15/20 | 7,532 | 7,479 | |
Bank of Montreal | 1.900% | 8/27/21 | 14,113 | 13,812 | |
Bank of New York Mellon Corp. | 2.100% | 1/15/19 | 408 | 408 | |
Bank of New York Mellon Corp. | 2.200% | 3/4/19 | 6,625 | 6,632 | |
Bank of New York Mellon Corp. | 2.200% | 5/15/19 | 10,265 | 10,277 | |
Bank of New York Mellon Corp. | 5.450% | 5/15/19 | 2,677 | 2,789 | |
Bank of New York Mellon Corp. | 2.300% | 9/11/19 | 9,250 | 9,260 | |
Bank of New York Mellon Corp. | 4.600% | 1/15/20 | 3,600 | 3,767 | |
Bank of New York Mellon Corp. | 2.150% | 2/24/20 | 6,552 | 6,536 | |
Bank of New York Mellon Corp. | 2.600% | 8/17/20 | 9,400 | 9,467 | |
Bank of New York Mellon Corp. | 2.450% | 11/27/20 | 9,823 | 9,847 | |
Bank of New York Mellon Corp. | 4.150% | 2/1/21 | 1,348 | 1,416 | |
Bank of New York Mellon Corp. | 2.500% | 4/15/21 | 1,777 | 1,781 | |
Bank of New York Mellon Corp. | 2.050% | 5/3/21 | 18,700 | 18,449 | |
Bank of New York Mellon Corp. | 3.550% | 9/23/21 | 200 | 207 | |
Bank of New York Mellon Corp. | 2.600% | 2/7/22 | 16,970 | 16,988 | |
3 | Bank of New York Mellon Corp. | 2.661% | 5/16/23 | 3,850 | 3,843 |
Bank of Nova Scotia | 1.950% | 1/15/19 | 9,451 | 9,447 | |
Bank of Nova Scotia | 2.050% | 6/5/19 | 23,792 | 23,711 | |
Bank of Nova Scotia | 1.650% | 6/14/19 | 6,930 | 6,878 | |
Bank of Nova Scotia | 2.150% | 7/14/20 | 5,400 | 5,376 | |
Bank of Nova Scotia | 2.350% | 10/21/20 | 7,628 | 7,610 | |
Bank of Nova Scotia | 4.375% | 1/13/21 | 3,050 | 3,215 | |
Bank of Nova Scotia | 2.800% | 7/21/21 | 6,780 | 6,834 | |
Bank of Nova Scotia | 2.700% | 3/7/22 | 21,025 | 20,988 | |
Bank of Nova Scotia | 2.450% | 9/19/22 | 1,977 | 1,954 | |
Barclays Bank plc | 5.140% | 10/14/20 | 2,000 | 2,113 | |
Barclays plc | 2.750% | 11/8/19 | 14,925 | 14,967 | |
Barclays plc | 2.875% | 6/8/20 | 20,550 | 20,605 | |
Barclays plc | 3.250% | 1/12/21 | 16,312 | 16,460 | |
Barclays plc | 3.200% | 8/10/21 | 9,360 | 9,422 | |
BB&T Corp. | 2.050% | 6/19/18 | 6,860 | 6,862 |
5
Vanguard® Short-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
BB&T Corp. | 2.250% | 2/1/19 | 6,846 | 6,854 | |
BB&T Corp. | 6.850% | 4/30/19 | 6,800 | 7,205 | |
BB&T Corp. | 2.450% | 1/15/20 | 14,660 | 14,702 | |
BB&T Corp. | 2.625% | 6/29/20 | 1,870 | 1,889 | |
BB&T Corp. | 2.150% | 2/1/21 | 5,175 | 5,122 | |
BB&T Corp. | 2.050% | 5/10/21 | 9,607 | 9,471 | |
BB&T Corp. | 3.950% | 3/22/22 | 1,800 | 1,882 | |
BB&T Corp. | 2.750% | 4/1/22 | 7,150 | 7,197 | |
BNP Paribas SA | 2.450% | 3/17/19 | 4,915 | 4,934 | |
BNP Paribas SA | 2.375% | 5/21/20 | 10,037 | 10,038 | |
BNP Paribas SA | 5.000% | 1/15/21 | 13,175 | 14,133 | |
BPCE SA | 2.500% | 7/15/19 | 8,215 | 8,245 | |
BPCE SA | 2.250% | 1/27/20 | 6,765 | 6,749 | |
BPCE SA | 2.650% | 2/3/21 | 5,150 | 5,164 | |
BPCE SA | 2.750% | 12/2/21 | 11,000 | 11,030 | |
5 | BPCE SA | 3.000% | 5/22/22 | 7,000 | 6,993 |
Branch Banking & Trust Co. | 1.450% | 5/10/19 | 7,406 | 7,327 | |
Branch Banking & Trust Co. | 2.100% | 1/15/20 | 2,240 | 2,233 | |
Branch Banking & Trust Co. | 2.250% | 6/1/20 | 5,600 | 5,594 | |
Branch Banking & Trust Co. | 2.850% | 4/1/21 | 2,175 | 2,205 | |
Branch Banking & Trust Co. | 2.625% | 1/15/22 | 5,500 | 5,511 | |
Canadian Imperial Bank of Commerce | 1.600% | 9/6/19 | 8,578 | 8,485 | |
Canadian Imperial Bank of Commerce | 2.100% | 10/5/20 | 8,060 | 7,992 | |
Canadian Imperial Bank of Commerce | 2.550% | 6/16/22 | 11,900 | 11,818 | |
Capital One Bank USA NA | 2.250% | 2/13/19 | 23,749 | 23,735 | |
Capital One Bank USA NA | 2.300% | 6/5/19 | 1,150 | 1,149 | |
Capital One Bank USA NA | 8.800% | 7/15/19 | 2,425 | 2,644 | |
Capital One Financial Corp. | 2.450% | 4/24/19 | 100 | 100 | |
Capital One Financial Corp. | 2.500% | 5/12/20 | 7,105 | 7,094 | |
Capital One Financial Corp. | 2.400% | 10/30/20 | 1,200 | 1,190 | |
Capital One Financial Corp. | 4.750% | 7/15/21 | 7,033 | 7,503 | |
Capital One Financial Corp. | 3.050% | 3/9/22 | 8,165 | 8,196 | |
Capital One NA | 2.400% | 9/5/19 | 4,800 | 4,801 | |
Capital One NA | 1.850% | 9/13/19 | 10,315 | 10,214 | |
Capital One NA | 2.350% | 1/31/20 | 9,230 | 9,198 | |
Capital One NA | 2.950% | 7/23/21 | 9,650 | 9,684 | |
Capital One NA | 2.250% | 9/13/21 | 13,400 | 13,146 | |
Capital One NA | 2.650% | 8/8/22 | 4,760 | 4,711 | |
Citibank NA | 1.850% | 9/18/19 | 20,500 | 20,352 | |
Citibank NA | 2.100% | 6/12/20 | 14,500 | 14,371 | |
Citibank NA | 2.125% | 10/20/20 | 25,325 | 25,064 | |
3,5 | Citicorp Lease Pass-Through Trust 1999-1 | 8.040% | 12/15/19 | 335 | 368 |
Citigroup Inc. | 2.550% | 4/8/19 | 15,063 | 15,112 | |
Citigroup Inc. | 2.050% | 6/7/19 | 10,000 | 9,970 | |
Citigroup Inc. | 2.500% | 7/29/19 | 15,692 | 15,727 | |
Citigroup Inc. | 2.450% | 1/10/20 | 8,058 | 8,052 | |
Citigroup Inc. | 2.400% | 2/18/20 | 24,650 | 24,599 | |
Citigroup Inc. | 5.375% | 8/9/20 | 2,583 | 2,766 | |
Citigroup Inc. | 2.650% | 10/26/20 | 12,465 | 12,526 | |
Citigroup Inc. | 2.700% | 3/30/21 | 19,425 | 19,459 | |
Citigroup Inc. | 2.350% | 8/2/21 | 9,767 | 9,644 | |
Citigroup Inc. | 2.900% | 12/8/21 | 31,773 | 31,909 | |
Citigroup Inc. | 4.500% | 1/14/22 | 19,543 | 20,791 | |
Citigroup Inc. | 2.750% | 4/25/22 | 23,375 | 23,260 | |
Citigroup Inc. | 4.050% | 7/30/22 | 5,480 | 5,700 | |
Citigroup Inc. | 2.700% | 10/27/22 | 7,000 | 6,924 | |
3 | Citigroup Inc. | 2.876% | 7/24/23 | 6,034 | 6,004 |
Citizens Bank NA | 2.500% | 3/14/19 | 935 | 937 | |
Citizens Bank NA | 2.450% | 12/4/19 | 4,745 | 4,746 | |
Citizens Bank NA | 2.250% | 3/2/20 | 5,830 | 5,800 | |
Citizens Bank NA | 2.200% | 5/26/20 | 6,580 | 6,528 | |
Citizens Bank NA | 2.250% | 10/30/20 | 5,900 | 5,841 | |
Citizens Bank NA | 2.550% | 5/13/21 | 12,665 | 12,619 | |
Citizens Bank NA | 2.650% | 5/26/22 | 5,500 | 5,445 |
6
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Citizens Financial Group Inc. | 2.375% | 7/28/21 | 1,400 | 1,383 |
Comerica Inc. | 2.125% | 5/23/19 | 3,000 | 2,985 |
Commonwealth Bank of Australia | 2.250% | 3/13/19 | 8,125 | 8,126 |
Commonwealth Bank of Australia | 2.050% | 3/15/19 | 5,075 | 5,063 |
Commonwealth Bank of Australia | 2.300% | 9/6/19 | 14,800 | 14,804 |
Commonwealth Bank of Australia | 2.400% | 11/2/20 | 18,375 | 18,330 |
Commonwealth Bank of Australia | 2.550% | 3/15/21 | 8,640 | 8,631 |
Compass Bank | 2.750% | 9/29/19 | 2,250 | 2,257 |
Compass Bank | 2.875% | 6/29/22 | 8,800 | 8,673 |
Cooperatieve Rabobank UA | 2.250% | 1/14/19 | 12,050 | 12,068 |
Cooperatieve Rabobank UA | 1.375% | 8/9/19 | 7,000 | 6,906 |
Cooperatieve Rabobank UA | 2.250% | 1/14/20 | 9,705 | 9,694 |
Cooperatieve Rabobank UA | 4.500% | 1/11/21 | 1,148 | 1,217 |
Cooperatieve Rabobank UA | 2.500% | 1/19/21 | 24,345 | 24,413 |
Cooperatieve Rabobank UA | 2.750% | 1/10/22 | 25,445 | 25,643 |
Cooperatieve Rabobank UA | 3.875% | 2/8/22 | 13,390 | 14,063 |
Cooperatieve Rabobank UA | 3.950% | 11/9/22 | 6,189 | 6,445 |
Credit Suisse AG | 2.300% | 5/28/19 | 19,600 | 19,634 |
Credit Suisse AG | 5.300% | 8/13/19 | 3,350 | 3,507 |
Credit Suisse AG | 5.400% | 1/14/20 | 11,066 | 11,666 |
Credit Suisse AG | 4.375% | 8/5/20 | 6,074 | 6,367 |
Credit Suisse AG | 3.000% | 10/29/21 | 18,025 | 18,218 |
5 Credit Suisse Group AG | 3.574% | 1/9/23 | 5,000 | 5,076 |
Credit Suisse Group Funding Guernsey Ltd. | 2.750% | 3/26/20 | 15,814 | 15,855 |
Credit Suisse Group Funding Guernsey Ltd. | 3.125% | 12/10/20 | 11,455 | 11,585 |
Credit Suisse Group Funding Guernsey Ltd. | 3.450% | 4/16/21 | 14,120 | 14,404 |
Credit Suisse Group Funding Guernsey Ltd. | 3.800% | 9/15/22 | 10,347 | 10,659 |
Deutsche Bank AG | 2.500% | 2/13/19 | 6,050 | 6,044 |
Deutsche Bank AG | 2.850% | 5/10/19 | 9,270 | 9,295 |
Deutsche Bank AG | 2.700% | 7/13/20 | 21,650 | 21,546 |
Deutsche Bank AG | 2.950% | 8/20/20 | 3,340 | 3,344 |
Deutsche Bank AG | 3.125% | 1/13/21 | 9,450 | 9,474 |
Deutsche Bank AG | 3.375% | 5/12/21 | 10,375 | 10,467 |
Deutsche Bank AG | 4.250% | 10/14/21 | 26,000 | 26,950 |
Deutsche Bank AG | 3.300% | 11/16/22 | 13,000 | 12,939 |
Discover Bank | 7.000% | 4/15/20 | 2,485 | 2,712 |
Discover Bank | 3.100% | 6/4/20 | 4,816 | 4,867 |
Discover Bank | 3.200% | 8/9/21 | 2,161 | 2,186 |
Discover Financial Services | 3.850% | 11/21/22 | 5,250 | 5,379 |
Fifth Third Bancorp | 2.300% | 3/1/19 | 4,000 | 4,001 |
Fifth Third Bancorp | 2.875% | 7/27/20 | 7,002 | 7,075 |
Fifth Third Bancorp | 3.500% | 3/15/22 | 322 | 332 |
Fifth Third Bank | 2.300% | 3/15/19 | 10,448 | 10,468 |
Fifth Third Bank | 2.375% | 4/25/19 | 6,026 | 6,043 |
Fifth Third Bank | 1.625% | 9/27/19 | 5,000 | 4,943 |
Fifth Third Bank | 2.200% | 10/30/20 | 2,750 | 2,730 |
Fifth Third Bank | 2.250% | 6/14/21 | 15,732 | 15,561 |
Fifth Third Bank | 2.875% | 10/1/21 | 3,139 | 3,163 |
First Horizon National Corp. | 3.500% | 12/15/20 | 2,408 | 2,455 |
First Niagara Financial Group Inc. | 6.750% | 3/19/20 | 1,275 | 1,389 |
First Republic Bank | 2.375% | 6/17/19 | 4,988 | 4,971 |
First Republic Bank | 2.500% | 6/6/22 | 7,225 | 7,129 |
Goldman Sachs Group Inc. | 2.625% | 1/31/19 | 25,125 | 25,225 |
Goldman Sachs Group Inc. | 7.500% | 2/15/19 | 19,176 | 20,272 |
Goldman Sachs Group Inc. | 2.000% | 4/25/19 | 1,030 | 1,026 |
Goldman Sachs Group Inc. | 1.950% | 7/23/19 | 4,700 | 4,673 |
Goldman Sachs Group Inc. | 2.550% | 10/23/19 | 17,093 | 17,125 |
Goldman Sachs Group Inc. | 2.300% | 12/13/19 | 23,256 | 23,196 |
Goldman Sachs Group Inc. | 5.375% | 3/15/20 | 18,542 | 19,647 |
Goldman Sachs Group Inc. | 2.600% | 4/23/20 | 24,535 | 24,562 |
Goldman Sachs Group Inc. | 6.000% | 6/15/20 | 8,495 | 9,170 |
Goldman Sachs Group Inc. | 2.750% | 9/15/20 | 14,722 | 14,774 |
Goldman Sachs Group Inc. | 2.600% | 12/27/20 | 470 | 470 |
Goldman Sachs Group Inc. | 2.875% | 2/25/21 | 13,617 | 13,718 |
7
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Goldman Sachs Group Inc. | 2.625% | 4/25/21 | 12,202 | 12,184 |
Goldman Sachs Group Inc. | 5.250% | 7/27/21 | 26,182 | 28,379 |
Goldman Sachs Group Inc. | 2.350% | 11/15/21 | 3,500 | 3,447 |
Goldman Sachs Group Inc. | 5.750% | 1/24/22 | 33,039 | 36,536 |
Goldman Sachs Group Inc. | 3.000% | 4/26/22 | 53,090 | 53,302 |
3 Goldman Sachs Group Inc. | 2.876% | 10/31/22 | 25,000 | 24,938 |
3 Goldman Sachs Group Inc. | 2.908% | 6/5/23 | 17,125 | 16,981 |
3 Goldman Sachs Group Inc. | 2.905% | 7/24/23 | 17,300 | 17,149 |
HSBC Bank USA NA | 4.875% | 8/24/20 | 2,870 | 3,033 |
HSBC Holdings plc | 3.400% | 3/8/21 | 44,602 | 45,553 |
HSBC Holdings plc | 5.100% | 4/5/21 | 3,633 | 3,901 |
HSBC Holdings plc | 2.950% | 5/25/21 | 22,998 | 23,150 |
HSBC Holdings plc | 2.650% | 1/5/22 | 16,220 | 16,101 |
HSBC Holdings plc | 4.875% | 1/14/22 | 2,944 | 3,165 |
HSBC Holdings plc | 4.000% | 3/30/22 | 19,145 | 20,014 |
3 HSBC Holdings plc | 3.262% | 3/13/23 | 19,200 | 19,444 |
3 HSBC Holdings plc | 3.033% | 11/22/23 | 4,000 | 4,007 |
HSBC USA Inc. | 2.250% | 6/23/19 | 4,300 | 4,310 |
HSBC USA Inc. | 2.375% | 11/13/19 | 17,895 | 17,924 |
HSBC USA Inc. | 2.350% | 3/5/20 | 5,551 | 5,549 |
HSBC USA Inc. | 2.750% | 8/7/20 | 9,570 | 9,632 |
HSBC USA Inc. | 5.000% | 9/27/20 | 5,982 | 6,326 |
Huntington Bancshares Inc. | 7.000% | 12/15/20 | 900 | 1,005 |
Huntington Bancshares Inc. | 3.150% | 3/14/21 | 5,469 | 5,555 |
Huntington Bancshares Inc. | 2.300% | 1/14/22 | 970 | 954 |
Huntington National Bank | 2.200% | 4/1/19 | 4,080 | 4,077 |
Huntington National Bank | 2.375% | 3/10/20 | 10,260 | 10,261 |
Huntington National Bank | 2.400% | 4/1/20 | 4,275 | 4,268 |
Huntington National Bank | 2.875% | 8/20/20 | 4,450 | 4,487 |
Huntington National Bank | 2.500% | 8/7/22 | 7,250 | 7,150 |
ING Groep NV | 3.150% | 3/29/22 | 9,875 | 9,963 |
Intesa Sanpaolo SPA | 3.875% | 1/15/19 | 10,675 | 10,837 |
5 Itau Corpbanca | 3.875% | 9/22/19 | 400 | 408 |
JPMorgan Chase & Co. | 2.350% | 1/28/19 | 10,487 | 10,511 |
JPMorgan Chase & Co. | 1.850% | 3/22/19 | 5,335 | 5,314 |
JPMorgan Chase & Co. | 6.300% | 4/23/19 | 28,659 | 30,172 |
JPMorgan Chase & Co. | 2.200% | 10/22/19 | 5,361 | 5,355 |
JPMorgan Chase & Co. | 2.250% | 1/23/20 | 44,872 | 44,837 |
JPMorgan Chase & Co. | 2.750% | 6/23/20 | 38,442 | 38,773 |
JPMorgan Chase & Co. | 4.400% | 7/22/20 | 16,270 | 17,092 |
JPMorgan Chase & Co. | 4.250% | 10/15/20 | 20,777 | 21,783 |
JPMorgan Chase & Co. | 2.550% | 10/29/20 | 33,812 | 33,911 |
JPMorgan Chase & Co. | 2.550% | 3/1/21 | 21,165 | 21,189 |
JPMorgan Chase & Co. | 4.625% | 5/10/21 | 10,500 | 11,181 |
JPMorgan Chase & Co. | 2.400% | 6/7/21 | 11,286 | 11,226 |
JPMorgan Chase & Co. | 2.295% | 8/15/21 | 28,365 | 28,114 |
JPMorgan Chase & Co. | 4.350% | 8/15/21 | 17,241 | 18,256 |
JPMorgan Chase & Co. | 4.500% | 1/24/22 | 14,423 | 15,396 |
JPMorgan Chase & Co. | 3.250% | 9/23/22 | 22,000 | 22,442 |
3 JPMorgan Chase & Co. | 2.776% | 4/25/23 | 7,000 | 6,959 |
JPMorgan Chase Bank NA | 1.650% | 9/23/19 | 7,000 | 6,942 |
KeyBank NA | 2.350% | 3/8/19 | 6,570 | 6,580 |
KeyBank NA | 1.600% | 8/22/19 | 4,500 | 4,448 |
KeyBank NA | 2.500% | 12/15/19 | 3,250 | 3,257 |
KeyBank NA | 2.250% | 3/16/20 | 2,410 | 2,403 |
KeyBank NA | 2.500% | 11/22/21 | 5,710 | 5,680 |
KeyBank NA | 2.400% | 6/9/22 | 8,500 | 8,383 |
KeyBank NA | 2.300% | 9/14/22 | 6,490 | 6,356 |
3 KeyBank NA | 3.180% | 10/15/27 | 1,250 | 1,259 |
KeyCorp | 2.900% | 9/15/20 | 9,866 | 9,950 |
KeyCorp | 5.100% | 3/24/21 | 7,043 | 7,593 |
Lloyds Bank plc | 2.300% | 11/27/18 | 7,075 | 7,089 |
Lloyds Bank plc | 2.700% | 8/17/20 | 10,046 | 10,084 |
Lloyds Bank plc | 6.375% | 1/21/21 | 2,942 | 3,262 |
8
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Lloyds Banking Group plc | 3.000% | 1/11/22 | 25,340 | 25,412 |
3 Lloyds Banking Group plc | 2.907% | 11/7/23 | 5,000 | 4,951 |
Manufacturers & Traders Trust Co. | 2.300% | 1/30/19 | 14,425 | 14,440 |
Manufacturers & Traders Trust Co. | 2.250% | 7/25/19 | 11,630 | 11,629 |
Manufacturers & Traders Trust Co. | 2.100% | 2/6/20 | 1,650 | 1,643 |
Manufacturers & Traders Trust Co. | 2.050% | 8/17/20 | 4,800 | 4,762 |
Mitsubishi UFJ Financial Group Inc. | 2.950% | 3/1/21 | 15,575 | 15,713 |
Mitsubishi UFJ Financial Group Inc. | 2.190% | 9/13/21 | 19,360 | 18,978 |
Mitsubishi UFJ Financial Group Inc. | 2.998% | 2/22/22 | 9,800 | 9,862 |
Mitsubishi UFJ Financial Group Inc. | 2.665% | 7/25/22 | 20,900 | 20,643 |
Mizuho Financial Group Inc. | 2.273% | 9/13/21 | 1,500 | 1,470 |
Mizuho Financial Group Inc. | 2.953% | 2/28/22 | 3,000 | 3,001 |
Morgan Stanley | 2.500% | 1/24/19 | 17,573 | 17,644 |
Morgan Stanley | 2.450% | 2/1/19 | 10,307 | 10,327 |
Morgan Stanley | 7.300% | 5/13/19 | 17,215 | 18,353 |
Morgan Stanley | 2.375% | 7/23/19 | 20,048 | 20,054 |
Morgan Stanley | 5.625% | 9/23/19 | 14,590 | 15,380 |
Morgan Stanley | 5.500% | 1/26/20 | 13,457 | 14,259 |
Morgan Stanley | 2.650% | 1/27/20 | 18,677 | 18,752 |
Morgan Stanley | 2.800% | 6/16/20 | 27,392 | 27,600 |
Morgan Stanley | 5.500% | 7/24/20 | 12,325 | 13,207 |
Morgan Stanley | 5.750% | 1/25/21 | 14,875 | 16,198 |
Morgan Stanley | 2.500% | 4/21/21 | 26,554 | 26,476 |
Morgan Stanley | 5.500% | 7/28/21 | 16,417 | 17,952 |
Morgan Stanley | 2.625% | 11/17/21 | 31,124 | 30,945 |
Morgan Stanley | 2.750% | 5/19/22 | 36,740 | 36,526 |
Morgan Stanley | 4.875% | 11/1/22 | 15,924 | 17,121 |
MUFG Americas Holdings Corp. | 2.250% | 2/10/20 | 4,436 | 4,419 |
MUFG Union Bank NA | 2.250% | 5/6/19 | 5,950 | 5,943 |
National Australia Bank Ltd. | 2.000% | 1/14/19 | 8,600 | 8,581 |
National Australia Bank Ltd. | 1.375% | 7/12/19 | 11,000 | 10,864 |
National Australia Bank Ltd. | 2.250% | 1/10/20 | 500 | 499 |
National Australia Bank Ltd. | 2.125% | 5/22/20 | 17,000 | 16,873 |
National Australia Bank Ltd. | 2.625% | 7/23/20 | 8,750 | 8,794 |
National Australia Bank Ltd. | 2.625% | 1/14/21 | 9,135 | 9,159 |
National Australia Bank Ltd. | 1.875% | 7/12/21 | 6,200 | 6,046 |
National Australia Bank Ltd. | 2.800% | 1/10/22 | 6,000 | 6,024 |
National Australia Bank Ltd. | 2.500% | 5/22/22 | 5,000 | 4,952 |
National Bank of Canada | 2.150% | 6/12/20 | 8,100 | 8,062 |
National Bank of Canada | 2.200% | 11/2/20 | 9,150 | 9,080 |
National City Corp. | 6.875% | 5/15/19 | 4,369 | 4,635 |
Northern Trust Corp. | 3.450% | 11/4/20 | 300 | 308 |
Northern Trust Corp. | 3.375% | 8/23/21 | 2,771 | 2,851 |
Northern Trust Corp. | 2.375% | 8/2/22 | 1,845 | 1,844 |
PNC Bank NA | 2.200% | 1/28/19 | 9,125 | 9,124 |
PNC Bank NA | 1.950% | 3/4/19 | 9,480 | 9,456 |
PNC Bank NA | 2.250% | 7/2/19 | 15,700 | 15,701 |
PNC Bank NA | 1.450% | 7/29/19 | 3,420 | 3,377 |
PNC Bank NA | 2.400% | 10/18/19 | 9,713 | 9,724 |
PNC Bank NA | 2.000% | 5/19/20 | 5,935 | 5,886 |
PNC Bank NA | 2.300% | 6/1/20 | 10,447 | 10,413 |
PNC Bank NA | 2.600% | 7/21/20 | 5,320 | 5,351 |
PNC Bank NA | 2.450% | 11/5/20 | 9,130 | 9,137 |
PNC Bank NA | 2.150% | 4/29/21 | 14,100 | 13,956 |
PNC Bank NA | 2.550% | 12/9/21 | 4,800 | 4,794 |
PNC Bank NA | 2.625% | 2/17/22 | 15,689 | 15,697 |
PNC Bank NA | 2.700% | 11/1/22 | 4,825 | 4,801 |
PNC Financial Services Group Inc. | 2.854% | 11/9/22 | 4,000 | 4,006 |
PNC Funding Corp. | 6.700% | 6/10/19 | 3,641 | 3,864 |
PNC Funding Corp. | 5.125% | 2/8/20 | 10,278 | 10,850 |
PNC Funding Corp. | 4.375% | 8/11/20 | 406 | 426 |
RBC USA Holdco Corp. | 5.250% | 9/15/20 | 100 | 107 |
Regions Financial Corp. | 3.200% | 2/8/21 | 2,869 | 2,919 |
Regions Financial Corp. | 2.750% | 8/14/22 | 7,200 | 7,153 |
9
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Royal Bank of Canada | 2.150% | 3/15/19 | 14,395 | 14,398 |
Royal Bank of Canada | 1.625% | 4/15/19 | 8,509 | 8,453 |
Royal Bank of Canada | 1.500% | 7/29/19 | 20,640 | 20,417 |
Royal Bank of Canada | 2.125% | 3/2/20 | 16,500 | 16,433 |
Royal Bank of Canada | 2.150% | 3/6/20 | 1,750 | 1,743 |
Royal Bank of Canada | 2.150% | 10/26/20 | 8,320 | 8,257 |
Royal Bank of Canada | 2.350% | 10/30/20 | 13,784 | 13,773 |
Royal Bank of Canada | 2.500% | 1/19/21 | 6,915 | 6,926 |
Royal Bank of Canada | 2.750% | 2/1/22 | 10,175 | 10,271 |
3 Royal Bank of Scotland Group plc | 3.498% | 5/15/23 | 19,675 | 19,703 |
Santander Holdings USA Inc. | 2.700% | 5/24/19 | 9,103 | 9,116 |
Santander Holdings USA Inc. | 2.650% | 4/17/20 | 3,130 | 3,122 |
5 Santander Holdings USA Inc. | 3.700% | 3/28/22 | 14,300 | 14,465 |
5 Santander Holdings USA Inc. | 3.400% | 1/18/23 | 7,400 | 7,371 |
Santander UK Group Holdings plc | 2.875% | 10/16/20 | 4,270 | 4,287 |
Santander UK Group Holdings plc | 3.125% | 1/8/21 | 17,345 | 17,519 |
Santander UK Group Holdings plc | 2.875% | 8/5/21 | 2,425 | 2,423 |
Santander UK plc | 2.500% | 3/14/19 | 18,935 | 18,987 |
Santander UK plc | 2.350% | 9/10/19 | 19,405 | 19,410 |
Santander UK plc | 2.375% | 3/16/20 | 350 | 350 |
Santander UK plc | 2.125% | 11/3/20 | 9,000 | 8,911 |
Skandinaviska Enskilda Banken AB | 1.500% | 9/13/19 | 500 | 494 |
Skandinaviska Enskilda Banken AB | 2.300% | 3/11/20 | 5,250 | 5,238 |
Skandinaviska Enskilda Banken AB | 2.625% | 3/15/21 | 12,685 | 12,735 |
Skandinaviska Enskilda Banken AB | 1.875% | 9/13/21 | 15,000 | 14,627 |
Skandinaviska Enskilda Banken AB | 2.800% | 3/11/22 | 5,250 | 5,297 |
State Street Corp. | 2.550% | 8/18/20 | 9,404 | 9,456 |
State Street Corp. | 4.375% | 3/7/21 | 5,325 | 5,636 |
State Street Corp. | 1.950% | 5/19/21 | 4,425 | 4,362 |
3 State Street Corp. | 2.653% | 5/15/23 | 5,425 | 5,416 |
Sumitomo Mitsui Banking Corp. | 2.450% | 1/10/19 | 10,200 | 10,222 |
Sumitomo Mitsui Banking Corp. | 1.966% | 1/11/19 | 9,500 | 9,478 |
Sumitomo Mitsui Banking Corp. | 2.250% | 7/11/19 | 10,150 | 10,139 |
Sumitomo Mitsui Banking Corp. | 2.092% | 10/18/19 | 11,700 | 11,645 |
Sumitomo Mitsui Banking Corp. | 2.450% | 1/16/20 | 11,010 | 11,010 |
Sumitomo Mitsui Banking Corp. | 2.650% | 7/23/20 | 7,575 | 7,612 |
Sumitomo Mitsui Banking Corp. | 2.450% | 10/20/20 | 3,250 | 3,238 |
Sumitomo Mitsui Financial Group Inc. | 2.934% | 3/9/21 | 10,873 | 10,958 |
Sumitomo Mitsui Financial Group Inc. | 2.058% | 7/14/21 | 10,221 | 9,980 |
Sumitomo Mitsui Financial Group Inc. | 2.442% | 10/19/21 | 14,000 | 13,828 |
Sumitomo Mitsui Financial Group Inc. | 2.846% | 1/11/22 | 6,750 | 6,753 |
Sumitomo Mitsui Financial Group Inc. | 2.784% | 7/12/22 | 3,000 | 2,978 |
Sumitomo Mitsui Financial Group Inc. | 2.778% | 10/18/22 | 6,000 | 5,955 |
SunTrust Bank | 2.250% | 1/31/20 | 7,631 | 7,610 |
SunTrust Bank | 2.450% | 8/1/22 | 7,200 | 7,107 |
SunTrust Banks Inc. | 2.500% | 5/1/19 | 3,903 | 3,918 |
SunTrust Banks Inc. | 2.900% | 3/3/21 | 4,690 | 4,718 |
SunTrust Banks Inc. | 2.700% | 1/27/22 | 1,735 | 1,730 |
Svenska Handelsbanken AB | 2.500% | 1/25/19 | 9,375 | 9,412 |
Svenska Handelsbanken AB | 2.250% | 6/17/19 | 6,050 | 6,058 |
Svenska Handelsbanken AB | 1.500% | 9/6/19 | 8,800 | 8,692 |
Svenska Handelsbanken AB | 1.950% | 9/8/20 | 12,250 | 12,114 |
Svenska Handelsbanken AB | 2.400% | 10/1/20 | 7,225 | 7,225 |
Svenska Handelsbanken AB | 2.450% | 3/30/21 | 13,608 | 13,593 |
Svenska Handelsbanken AB | 1.875% | 9/7/21 | 3,432 | 3,352 |
Synchrony Bank | 3.000% | 6/15/22 | 3,000 | 2,981 |
Synchrony Financial | 2.600% | 1/15/19 | 7,415 | 7,428 |
Synchrony Financial | 3.000% | 8/15/19 | 14,443 | 14,548 |
Synchrony Financial | 2.700% | 2/3/20 | 7,477 | 7,493 |
Synchrony Financial | 3.750% | 8/15/21 | 2,211 | 2,264 |
Synovus Financial Corp. | 3.125% | 11/1/22 | 2,200 | 2,184 |
Toronto-Dominion Bank | 1.950% | 1/22/19 | 5,380 | 5,375 |
Toronto-Dominion Bank | 2.125% | 7/2/19 | 18,220 | 18,242 |
Toronto-Dominion Bank | 1.450% | 8/13/19 | 6,600 | 6,528 |
10
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Toronto-Dominion Bank | 2.250% | 11/5/19 | 17,385 | 17,406 |
Toronto-Dominion Bank | 2.500% | 12/14/20 | 12,250 | 12,288 |
Toronto-Dominion Bank | 2.125% | 4/7/21 | 16,250 | 16,093 |
Toronto-Dominion Bank | 1.800% | 7/13/21 | 16,613 | 16,226 |
UBS AG | 2.375% | 8/14/19 | 28,004 | 28,017 |
UBS AG | 2.350% | 3/26/20 | 7,730 | 7,730 |
UBS AG | 4.875% | 8/4/20 | 6,210 | 6,576 |
US Bancorp | 2.200% | 4/25/19 | 9,412 | 9,427 |
US Bancorp | 2.350% | 1/29/21 | 5,175 | 5,165 |
US Bancorp | 4.125% | 5/24/21 | 2,764 | 2,910 |
US Bancorp | 2.625% | 1/24/22 | 10,254 | 10,313 |
US Bancorp | 3.000% | 3/15/22 | 4,845 | 4,941 |
US Bancorp | 2.950% | 7/15/22 | 108 | 109 |
US Bank NA | 1.400% | 4/26/19 | 11,390 | 11,288 |
US Bank NA | 2.125% | 10/28/19 | 11,550 | 11,544 |
US Bank NA | 2.000% | 1/24/20 | 7,975 | 7,940 |
US Bank NA | 2.050% | 10/23/20 | 15,000 | 14,879 |
Wells Fargo & Co. | 2.150% | 1/15/19 | 5,510 | 5,514 |
Wells Fargo & Co. | 2.125% | 4/22/19 | 15,839 | 15,835 |
Wells Fargo & Co. | 2.150% | 1/30/20 | 14,848 | 14,815 |
Wells Fargo & Co. | 2.600% | 7/22/20 | 30,055 | 30,196 |
Wells Fargo & Co. | 2.550% | 12/7/20 | 21,150 | 21,228 |
Wells Fargo & Co. | 3.000% | 1/22/21 | 9,820 | 9,948 |
Wells Fargo & Co. | 2.500% | 3/4/21 | 11,135 | 11,131 |
Wells Fargo & Co. | 4.600% | 4/1/21 | 24,226 | 25,753 |
Wells Fargo & Co. | 2.100% | 7/26/21 | 21,820 | 21,435 |
Wells Fargo & Co. | 3.500% | 3/8/22 | 12,429 | 12,818 |
Wells Fargo & Co. | 2.625% | 7/22/22 | 27,050 | 26,892 |
Wells Fargo Bank NA | 1.750% | 5/24/19 | 23,502 | 23,366 |
Wells Fargo Bank NA | 2.150% | 12/6/19 | 26,785 | 26,728 |
Westpac Banking Corp. | 2.250% | 1/17/19 | 11,250 | 11,267 |
Westpac Banking Corp. | 1.650% | 5/13/19 | 9,100 | 9,033 |
Westpac Banking Corp. | 1.600% | 8/19/19 | 8,250 | 8,159 |
Westpac Banking Corp. | 4.875% | 11/19/19 | 11,165 | 11,683 |
Westpac Banking Corp. | 2.150% | 3/6/20 | 11,000 | 10,947 |
Westpac Banking Corp. | 2.300% | 5/26/20 | 17,327 | 17,287 |
Westpac Banking Corp. | 2.600% | 11/23/20 | 10,375 | 10,415 |
Westpac Banking Corp. | 2.100% | 5/13/21 | 23,352 | 23,034 |
Westpac Banking Corp. | 2.000% | 8/19/21 | 11,450 | 11,239 |
Westpac Banking Corp. | 2.800% | 1/11/22 | 5,000 | 5,031 |
Westpac Banking Corp. | 2.500% | 6/28/22 | 17,850 | 17,719 |
Westpac Banking Corp. | 2.750% | 1/11/23 | 4,000 | 3,986 |
Brokerage (0.2%) | ||||
Ameriprise Financial Inc. | 7.300% | 6/28/19 | 2,400 | 2,571 |
Ameriprise Financial Inc. | 5.300% | 3/15/20 | 4,440 | 4,707 |
BGC Partners Inc. | 5.375% | 12/9/19 | 1,700 | 1,773 |
BGC Partners Inc. | 5.125% | 5/27/21 | 1,675 | 1,760 |
BlackRock Inc. | 5.000% | 12/10/19 | 11,009 | 11,566 |
BlackRock Inc. | 4.250% | 5/24/21 | 5,175 | 5,462 |
BlackRock Inc. | 3.375% | 6/1/22 | 1,650 | 1,703 |
CBOE Global Markets Inc. | 1.950% | 6/28/19 | 1,325 | 1,317 |
Charles Schwab Corp. | 4.450% | 7/22/20 | 2,520 | 2,657 |
Charles Schwab Corp. | 2.650% | 1/25/23 | 3,700 | 3,687 |
E*TRADE Financial Corp. | 2.950% | 8/24/22 | 4,450 | 4,413 |
Franklin Resources Inc. | 4.625% | 5/20/20 | 1,200 | 1,260 |
Intercontinental Exchange Inc. | 2.750% | 12/1/20 | 5,421 | 5,473 |
Invesco Finance plc | 3.125% | 11/30/22 | 4,000 | 4,022 |
Jefferies Group LLC | 8.500% | 7/15/19 | 6,325 | 6,859 |
Jefferies Group LLC | 6.875% | 4/15/21 | 4,877 | 5,452 |
Lazard Group LLC | 4.250% | 11/14/20 | 1,825 | 1,903 |
Nasdaq Inc. | 5.550% | 1/15/20 | 4,875 | 5,157 |
Nomura Holdings Inc. | 2.750% | 3/19/19 | 17,150 | 17,228 |
Nomura Holdings Inc. | 6.700% | 3/4/20 | 5,310 | 5,756 |
11
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Stifel Financial Corp. | 3.500% | 12/1/20 | 7,645 | 7,749 |
TD Ameritrade Holding Corp. | 5.600% | 12/1/19 | 1,775 | 1,882 |
TD Ameritrade Holding Corp. | 2.950% | 4/1/22 | 3,638 | 3,672 |
Finance Companies (0.4%) | ||||
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.750% | 5/15/19 | 8,717 | 8,859 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 4.250% | 7/1/20 | 6,035 | 6,261 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 4.625% | 10/30/20 | 8,564 | 8,981 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 4.500% | 5/15/21 | 9,560 | 10,038 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 5.000% | 10/1/21 | 5,774 | 6,157 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.950% | 2/1/22 | 3,195 | 3,295 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.500% | 5/26/22 | 3,100 | 3,139 |
Air Lease Corp. | 3.375% | 1/15/19 | 9,019 | 9,101 |
Air Lease Corp. | 2.125% | 1/15/20 | 5,260 | 5,223 |
Air Lease Corp. | 4.750% | 3/1/20 | 1,448 | 1,514 |
Air Lease Corp. | 3.875% | 4/1/21 | 2,580 | 2,672 |
Air Lease Corp. | 3.375% | 6/1/21 | 5,351 | 5,462 |
Air Lease Corp. | 3.750% | 2/1/22 | 4,025 | 4,156 |
Air Lease Corp. | 2.625% | 7/1/22 | 1,164 | 1,147 |
Air Lease Corp. | 2.750% | 1/15/23 | 1,700 | 1,672 |
Ares Capital Corp. | 3.875% | 1/15/20 | 2,000 | 2,031 |
Ares Capital Corp. | 3.625% | 1/19/22 | 1,000 | 1,004 |
FS Investment Corp. | 4.000% | 7/15/19 | 3,850 | 3,874 |
FS Investment Corp. | 4.250% | 1/15/20 | 775 | 787 |
GATX Corp. | 2.500% | 3/15/19 | 625 | 625 |
GATX Corp. | 2.500% | 7/30/19 | 1,870 | 1,868 |
GATX Corp. | 2.600% | 3/30/20 | 3,375 | 3,372 |
GE Capital International Funding Co. Unlimited Co. | 2.342% | 11/15/20 | 61,915 | 61,664 |
HSBC Finance Corp. | 6.676% | 1/15/21 | 5,784 | 6,431 |
International Lease Finance Corp. | 5.875% | 4/1/19 | 5,955 | 6,203 |
International Lease Finance Corp. | 6.250% | 5/15/19 | 6,255 | 6,544 |
International Lease Finance Corp. | 8.250% | 12/15/20 | 11,161 | 12,807 |
International Lease Finance Corp. | 4.625% | 4/15/21 | 3,503 | 3,661 |
International Lease Finance Corp. | 8.625% | 1/15/22 | 4,839 | 5,831 |
International Lease Finance Corp. | 5.875% | 8/15/22 | 6,647 | 7,353 |
Prospect Capital Corp. | 5.000% | 7/15/19 | 1,900 | 1,951 |
Insurance (0.9%) | ||||
AEGON Funding Co. LLC | 5.750% | 12/15/20 | 2,443 | 2,652 |
Aetna Inc. | 2.200% | 3/15/19 | 3,675 | 3,670 |
Aetna Inc. | 4.125% | 6/1/21 | 3,125 | 3,248 |
Aetna Inc. | 2.750% | 11/15/22 | 7,175 | 7,089 |
Aflac Inc. | 2.400% | 3/16/20 | 4,475 | 4,477 |
Aflac Inc. | 4.000% | 2/15/22 | 1,350 | 1,418 |
Alleghany Corp. | 5.625% | 9/15/20 | 900 | 967 |
Alleghany Corp. | 4.950% | 6/27/22 | 3,016 | 3,255 |
Allied World Assurance Co. Holdings Ltd. | 5.500% | 11/15/20 | 2,275 | 2,421 |
Alterra Finance LLC | 6.250% | 9/30/20 | 5,145 | 5,585 |
American International Group Inc. | 2.300% | 7/16/19 | 5,440 | 5,437 |
American International Group Inc. | 3.375% | 8/15/20 | 3,817 | 3,899 |
American International Group Inc. | 6.400% | 12/15/20 | 7,750 | 8,586 |
American International Group Inc. | 3.300% | 3/1/21 | 9,917 | 10,084 |
American International Group Inc. | 4.875% | 6/1/22 | 11,879 | 12,898 |
Anthem Inc. | 2.250% | 8/15/19 | 6,335 | 6,307 |
Anthem Inc. | 4.350% | 8/15/20 | 10,355 | 10,811 |
Anthem Inc. | 2.500% | 11/21/20 | 6,875 | 6,860 |
Anthem Inc. | 3.700% | 8/15/21 | 3,750 | 3,865 |
Anthem Inc. | 3.125% | 5/15/22 | 1,225 | 1,236 |
12
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Anthem Inc. | 2.950% | 12/1/22 | 2,400 | 2,401 |
Aon Corp. | 5.000% | 9/30/20 | 4,025 | 4,289 |
Aon plc | 2.800% | 3/15/21 | 2,823 | 2,831 |
AXIS Specialty Finance LLC | 5.875% | 6/1/20 | 7,463 | 7,978 |
Berkshire Hathaway Finance Corp. | 1.700% | 3/15/19 | 9,330 | 9,297 |
Berkshire Hathaway Finance Corp. | 1.300% | 8/15/19 | 6,841 | 6,755 |
Berkshire Hathaway Finance Corp. | 2.900% | 10/15/20 | 8,290 | 8,428 |
Berkshire Hathaway Finance Corp. | 4.250% | 1/15/21 | 6,197 | 6,541 |
Berkshire Hathaway Finance Corp. | 3.000% | 5/15/22 | 1,097 | 1,117 |
Berkshire Hathaway Inc. | 2.100% | 8/14/19 | 10,718 | 10,741 |
Berkshire Hathaway Inc. | 2.200% | 3/15/21 | 8,039 | 7,993 |
Berkshire Hathaway Inc. | 3.750% | 8/15/21 | 4,550 | 4,751 |
Berkshire Hathaway Inc. | 3.400% | 1/31/22 | 5,500 | 5,689 |
Chubb INA Holdings Inc. | 5.900% | 6/15/19 | 2,890 | 3,046 |
Chubb INA Holdings Inc. | 2.300% | 11/3/20 | 15,031 | 14,998 |
Chubb INA Holdings Inc. | 2.875% | 11/3/22 | 3,485 | 3,518 |
Cigna Corp. | 5.125% | 6/15/20 | 4,675 | 4,957 |
Cigna Corp. | 4.375% | 12/15/20 | 1,675 | 1,749 |
Cigna Corp. | 4.500% | 3/15/21 | 2,425 | 2,554 |
Cigna Corp. | 4.000% | 2/15/22 | 3,300 | 3,442 |
CNA Financial Corp. | 5.875% | 8/15/20 | 2,440 | 2,630 |
CNA Financial Corp. | 5.750% | 8/15/21 | 5,905 | 6,454 |
Coventry Health Care Inc. | 5.450% | 6/15/21 | 2,992 | 3,239 |
Enstar Group Ltd. | 4.500% | 3/10/22 | 2,200 | 2,244 |
Hartford Financial Services Group Inc. | 6.000% | 1/15/19 | 3,625 | 3,756 |
Hartford Financial Services Group Inc. | 5.500% | 3/30/20 | 2,729 | 2,904 |
Hartford Financial Services Group Inc. | 5.125% | 4/15/22 | 7,025 | 7,660 |
Humana Inc. | 2.625% | 10/1/19 | 4,400 | 4,407 |
Humana Inc. | 3.150% | 12/1/22 | 775 | 780 |
Humana Inc. | 2.900% | 12/15/22 | 3,135 | 3,120 |
Lincoln National Corp. | 8.750% | 7/1/19 | 1,235 | 1,346 |
Lincoln National Corp. | 6.250% | 2/15/20 | 2,140 | 2,301 |
Lincoln National Corp. | 4.200% | 3/15/22 | 100 | 105 |
Manulife Financial Corp. | 4.900% | 9/17/20 | 3,525 | 3,729 |
Markel Corp. | 4.900% | 7/1/22 | 1,150 | 1,239 |
Marsh & McLennan Cos. Inc. | 2.350% | 9/10/19 | 6,960 | 6,977 |
Marsh & McLennan Cos. Inc. | 2.350% | 3/6/20 | 3,200 | 3,193 |
Marsh & McLennan Cos. Inc. | 4.800% | 7/15/21 | 4,335 | 4,630 |
Marsh & McLennan Cos. Inc. | 2.750% | 1/30/22 | 7,338 | 7,342 |
MetLife Inc. | 7.717% | 2/15/19 | 3,054 | 3,244 |
MetLife Inc. | 4.750% | 2/8/21 | 12,740 | 13,575 |
PartnerRe Finance B LLC | 5.500% | 6/1/20 | 3,700 | 3,907 |
Primerica Inc. | 4.750% | 7/15/22 | 2,700 | 2,884 |
3 Principal Financial Group Inc. | 4.700% | 5/15/55 | 4,000 | 4,091 |
Progressive Corp. | 3.750% | 8/23/21 | 5,790 | 6,010 |
Protective Life Corp. | 7.375% | 10/15/19 | 1,650 | 1,787 |
Prudential Financial Inc. | 7.375% | 6/15/19 | 5,960 | 6,397 |
Prudential Financial Inc. | 2.350% | 8/15/19 | 7,240 | 7,248 |
Prudential Financial Inc. | 5.375% | 6/21/20 | 5,135 | 5,490 |
Prudential Financial Inc. | 4.500% | 11/15/20 | 2,300 | 2,425 |
Prudential Financial Inc. | 4.500% | 11/16/21 | 6,860 | 7,309 |
3 Prudential Financial Inc. | 5.875% | 9/15/42 | 7,200 | 7,871 |
Reinsurance Group of America Inc. | 6.450% | 11/15/19 | 2,975 | 3,185 |
Reinsurance Group of America Inc. | 5.000% | 6/1/21 | 2,782 | 2,964 |
Torchmark Corp. | 9.250% | 6/15/19 | 1,500 | 1,644 |
Travelers Cos. Inc. | 5.900% | 6/2/19 | 1,756 | 1,845 |
Travelers Cos. Inc. | 3.900% | 11/1/20 | 100 | 104 |
Trinity Acquisition plc | 3.500% | 9/15/21 | 1,150 | 1,162 |
UnitedHealth Group Inc. | 1.700% | 2/15/19 | 4,565 | 4,549 |
UnitedHealth Group Inc. | 1.625% | 3/15/19 | 4,526 | 4,503 |
UnitedHealth Group Inc. | 2.300% | 12/15/19 | 4,619 | 4,632 |
UnitedHealth Group Inc. | 2.700% | 7/15/20 | 13,605 | 13,745 |
UnitedHealth Group Inc. | 1.950% | 10/15/20 | 7,250 | 7,178 |
UnitedHealth Group Inc. | 3.875% | 10/15/20 | 3,725 | 3,861 |
13
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
UnitedHealth Group Inc. | 4.700% | 2/15/21 | 2,700 | 2,870 |
UnitedHealth Group Inc. | 2.125% | 3/15/21 | 9,020 | 8,934 |
UnitedHealth Group Inc. | 2.875% | 12/15/21 | 5,995 | 6,073 |
UnitedHealth Group Inc. | 2.875% | 3/15/22 | 8,341 | 8,420 |
UnitedHealth Group Inc. | 3.350% | 7/15/22 | 9,520 | 9,813 |
UnitedHealth Group Inc. | 2.375% | 10/15/22 | 6,850 | 6,783 |
Unum Group | 5.625% | 9/15/20 | 1,150 | 1,237 |
Unum Group | 3.000% | 5/15/21 | 3,540 | 3,555 |
Willis Towers Watson plc | 5.750% | 3/15/21 | 3,046 | 3,306 |
WR Berkley Corp. | 7.375% | 9/15/19 | 100 | 108 |
XLIT Ltd. | 5.750% | 10/1/21 | 2,377 | 2,604 |
Other Finance (0.0%) | ||||
ORIX Corp. | 2.900% | 7/18/22 | 3,401 | 3,380 |
Real Estate Investment Trusts (0.5%) | ||||
Alexandria Real Estate Equities Inc. | 2.750% | 1/15/20 | 2,598 | 2,605 |
Alexandria Real Estate Equities Inc. | 4.600% | 4/1/22 | 1,094 | 1,160 |
American Campus Communities Operating Partnership | ||||
LP | 3.350% | 10/1/20 | 3,546 | 3,614 |
AvalonBay Communities Inc. | 3.625% | 10/1/20 | 4,520 | 4,646 |
AvalonBay Communities Inc. | 2.950% | 9/15/22 | 1,564 | 1,577 |
Boston Properties LP | 5.875% | 10/15/19 | 1,475 | 1,557 |
Boston Properties LP | 5.625% | 11/15/20 | 9,135 | 9,878 |
Boston Properties LP | 4.125% | 5/15/21 | 5,784 | 6,046 |
Brixmor Operating Partnership LP | 3.875% | 8/15/22 | 5,955 | 6,091 |
Corporate Office Properties LP | 3.700% | 6/15/21 | 1,970 | 2,005 |
DDR Corp. | 3.500% | 1/15/21 | 5,790 | 5,871 |
DDR Corp. | 4.625% | 7/15/22 | 6,839 | 7,184 |
Digital Realty Trust LP | 5.875% | 2/1/20 | 2,000 | 2,123 |
Digital Realty Trust LP | 3.400% | 10/1/20 | 1,700 | 1,734 |
Digital Realty Trust LP | 5.250% | 3/15/21 | 13,605 | 14,594 |
Digital Realty Trust LP | 3.950% | 7/1/22 | 4,625 | 4,823 |
Digital Realty Trust LP | 3.625% | 10/1/22 | 4,625 | 4,755 |
Duke Realty LP | 3.875% | 2/15/21 | 1,000 | 1,033 |
EPR Properties | 5.750% | 8/15/22 | 2,595 | 2,830 |
ERP Operating LP | 2.375% | 7/1/19 | 6,349 | 6,351 |
ERP Operating LP | 4.750% | 7/15/20 | 200 | 211 |
ERP Operating LP | 4.625% | 12/15/21 | 6,019 | 6,442 |
Essex Portfolio LP | 5.200% | 3/15/21 | 1,850 | 1,971 |
Government Properties Income Trust | 4.000% | 7/15/22 | 5,000 | 5,028 |
HCP Inc. | 3.750% | 2/1/19 | 310 | 314 |
HCP Inc. | 2.625% | 2/1/20 | 8,423 | 8,446 |
HCP Inc. | 5.375% | 2/1/21 | 1,384 | 1,486 |
HCP Inc. | 3.150% | 8/1/22 | 87 | 88 |
HCP Inc. | 4.000% | 12/1/22 | 7,035 | 7,346 |
Healthcare Trust of America Holdings LP | 3.375% | 7/15/21 | 1,000 | 1,018 |
Healthcare Trust of America Holdings LP | 2.950% | 7/1/22 | 3,900 | 3,883 |
Highwoods Realty LP | 3.200% | 6/15/21 | 2,000 | 2,016 |
Hospitality Properties Trust | 4.250% | 2/15/21 | 3,150 | 3,257 |
Hospitality Properties Trust | 5.000% | 8/15/22 | 1,499 | 1,599 |
Host Hotels & Resorts LP | 6.000% | 10/1/21 | 2,600 | 2,856 |
Host Hotels & Resorts LP | 5.250% | 3/15/22 | 2,025 | 2,179 |
Kimco Realty Corp. | 6.875% | 10/1/19 | 1,000 | 1,075 |
Kimco Realty Corp. | 3.200% | 5/1/21 | 1,769 | 1,796 |
Kimco Realty Corp. | 3.400% | 11/1/22 | 1,850 | 1,887 |
Liberty Property LP | 4.750% | 10/1/20 | 1,950 | 2,053 |
Liberty Property LP | 4.125% | 6/15/22 | 2,168 | 2,275 |
Public Storage | 2.370% | 9/15/22 | 4,000 | 3,936 |
Realty Income Corp. | 3.250% | 10/15/22 | 13,362 | 13,578 |
Regency Centers Corp. | 3.750% | 11/15/22 | 425 | 435 |
Regency Centers LP | 4.800% | 4/15/21 | 725 | 765 |
Select Income REIT | 3.600% | 2/1/20 | 234 | 236 |
Senior Housing Properties Trust | 3.250% | 5/1/19 | 5,105 | 5,125 |
14
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Simon Property Group LP | 2.200% | 2/1/19 | 5,150 | 5,151 |
Simon Property Group LP | 2.500% | 9/1/20 | 4,500 | 4,518 |
Simon Property Group LP | 4.375% | 3/1/21 | 7,260 | 7,670 |
Simon Property Group LP | 2.500% | 7/15/21 | 2,650 | 2,648 |
Simon Property Group LP | 4.125% | 12/1/21 | 3,185 | 3,358 |
Simon Property Group LP | 2.350% | 1/30/22 | 8,855 | 8,758 |
Simon Property Group LP | 3.375% | 3/15/22 | 1,107 | 1,137 |
Simon Property Group LP | 2.625% | 6/15/22 | 6,200 | 6,185 |
SL Green Operating Partnership LP | 3.250% | 10/15/22 | 2,350 | 2,340 |
SL Green Realty Corp. | 7.750% | 3/15/20 | 2,500 | 2,763 |
SL Green Realty Corp. | 4.500% | 12/1/22 | 1,225 | 1,287 |
UDR Inc. | 3.700% | 10/1/20 | 6,400 | 6,570 |
UDR Inc. | 4.625% | 1/10/22 | 225 | 238 |
Ventas Realty LP / Ventas Capital Corp. | 4.000% | 4/30/19 | 2,788 | 2,838 |
Ventas Realty LP / Ventas Capital Corp. | 2.700% | 4/1/20 | 398 | 399 |
Ventas Realty LP / Ventas Capital Corp. | 4.750% | 6/1/21 | 6,406 | 6,800 |
Ventas Realty LP / Ventas Capital Corp. | 4.250% | 3/1/22 | 2,900 | 3,039 |
Ventas Realty LP / Ventas Capital Corp. | 3.250% | 8/15/22 | 4,728 | 4,778 |
VEREIT Operating Partnership LP | 3.000% | 2/6/19 | 800 | 803 |
VEREIT Operating Partnership LP | 4.125% | 6/1/21 | 6,800 | 7,065 |
Washington Prime Group LP | 3.850% | 4/1/20 | 1,525 | 1,537 |
Washington REIT | 4.950% | 10/1/20 | 1,700 | 1,764 |
Welltower Inc. | 4.125% | 4/1/19 | 4,446 | 4,529 |
Welltower Inc. | 6.125% | 4/15/20 | 2,802 | 3,023 |
Welltower Inc. | 4.950% | 1/15/21 | 4,250 | 4,517 |
Welltower Inc. | 5.250% | 1/15/22 | 525 | 570 |
Welltower Inc. | 3.750% | 3/15/23 | 2,000 | 2,073 |
5,754,961 | ||||
Industrial (15.0%) | ||||
Basic Industry (0.7%) | ||||
Agrium Inc. | 6.750% | 1/15/19 | 1,750 | 1,827 |
Agrium Inc. | 3.150% | 10/1/22 | 3,491 | 3,529 |
Air Products & Chemicals Inc. | 4.375% | 8/21/19 | 2,500 | 2,585 |
Air Products & Chemicals Inc. | 3.000% | 11/3/21 | 1,750 | 1,777 |
Airgas Inc. | 2.375% | 2/15/20 | 1,300 | 1,299 |
Barrick Gold Corp. | 3.850% | 4/1/22 | 459 | 480 |
Barrick North America Finance LLC | 4.400% | 5/30/21 | 5,307 | 5,614 |
BHP Billiton Finance USA Ltd. | 2.875% | 2/24/22 | 2,000 | 2,020 |
Cabot Corp. | 3.700% | 7/15/22 | 2,815 | 2,876 |
Celanese US Holdings LLC | 5.875% | 6/15/21 | 3,000 | 3,280 |
Celanese US Holdings LLC | 4.625% | 11/15/22 | 5 | 5 |
Celulosa Arauco y Constitucion SA | 7.250% | 7/29/19 | 2,850 | 3,050 |
Celulosa Arauco y Constitucion SA | 4.750% | 1/11/22 | 8,000 | 8,463 |
Domtar Corp. | 4.400% | 4/1/22 | 660 | 691 |
Dow Chemical Co. | 8.550% | 5/15/19 | 29,004 | 31,402 |
Dow Chemical Co. | 4.250% | 11/15/20 | 3,950 | 4,123 |
Dow Chemical Co. | 4.125% | 11/15/21 | 10,442 | 10,943 |
Dow Chemical Co. | 3.000% | 11/15/22 | 6,000 | 6,034 |
Eastman Chemical Co. | 2.700% | 1/15/20 | 9,292 | 9,353 |
Eastman Chemical Co. | 4.500% | 1/15/21 | 155 | 162 |
Eastman Chemical Co. | 3.600% | 8/15/22 | 2,732 | 2,809 |
Ecolab Inc. | 2.000% | 1/14/19 | 2,750 | 2,744 |
Ecolab Inc. | 2.250% | 1/12/20 | 2,720 | 2,714 |
Ecolab Inc. | 4.350% | 12/8/21 | 4,838 | 5,142 |
Ecolab Inc. | 2.375% | 8/10/22 | 7,100 | 7,005 |
EI du Pont de Nemours & Co. | 5.750% | 3/15/19 | 190 | 198 |
EI du Pont de Nemours & Co. | 4.625% | 1/15/20 | 1,200 | 1,254 |
EI du Pont de Nemours & Co. | 2.200% | 5/1/20 | 11,400 | 11,380 |
EI du Pont de Nemours & Co. | 3.625% | 1/15/21 | 10,520 | 10,890 |
EI du Pont de Nemours & Co. | 4.250% | 4/1/21 | 2,575 | 2,714 |
FMC Corp. | 5.200% | 12/15/19 | 2,000 | 2,078 |
FMC Corp. | 3.950% | 2/1/22 | 3,235 | 3,329 |
Goldcorp Inc. | 3.625% | 6/9/21 | 8,200 | 8,367 |
15
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
International Paper Co. | 7.500% | 8/15/21 | 3,165 | 3,682 |
International Paper Co. | 4.750% | 2/15/22 | 7,668 | 8,232 |
LyondellBasell Industries NV | 5.000% | 4/15/19 | 10,320 | 10,594 |
LyondellBasell Industries NV | 6.000% | 11/15/21 | 11,860 | 13,184 |
Methanex Corp. | 3.250% | 12/15/19 | 2,565 | 2,573 |
Monsanto Co. | 2.125% | 7/15/19 | 9,850 | 9,803 |
Monsanto Co. | 2.750% | 7/15/21 | 2,758 | 2,762 |
Mosaic Co. | 3.750% | 11/15/21 | 3,870 | 3,959 |
Mosaic Co. | 3.250% | 11/15/22 | 5,235 | 5,183 |
Newmont Mining Corp. | 5.125% | 10/1/19 | 2,888 | 3,008 |
Newmont Mining Corp. | 3.500% | 3/15/22 | 837 | 854 |
Packaging Corp. of America | 2.450% | 12/15/20 | 6,140 | 6,149 |
Packaging Corp. of America | 3.900% | 6/15/22 | 1,900 | 1,974 |
Potash Corp. of Saskatchewan Inc. | 6.500% | 5/15/19 | 1,475 | 1,551 |
Potash Corp. of Saskatchewan Inc. | 4.875% | 3/30/20 | 1,800 | 1,882 |
PPG Industries Inc. | 2.300% | 11/15/19 | 9,400 | 9,398 |
PPG Industries Inc. | 3.600% | 11/15/20 | 6,350 | 6,533 |
Praxair Inc. | 2.250% | 9/24/20 | 8,550 | 8,532 |
Praxair Inc. | 4.050% | 3/15/21 | 1,775 | 1,862 |
Praxair Inc. | 3.000% | 9/1/21 | 3,295 | 3,349 |
Praxair Inc. | 2.450% | 2/15/22 | 1,709 | 1,713 |
Praxair Inc. | 2.200% | 8/15/22 | 5,495 | 5,425 |
Rayonier Inc. | 3.750% | 4/1/22 | 1,000 | 1,011 |
Rio Tinto Finance USA Ltd. | 4.125% | 5/20/21 | 1,393 | 1,461 |
Rio Tinto Finance USA Ltd. | 3.750% | 9/20/21 | 4,450 | 4,624 |
Rio Tinto Finance USA plc | 3.500% | 3/22/22 | 3,119 | 3,218 |
Rio Tinto Finance USA plc | 2.875% | 8/21/22 | 6,144 | 6,178 |
RPM International Inc. | 6.125% | 10/15/19 | 500 | 530 |
RPM International Inc. | 3.450% | 11/15/22 | 425 | 434 |
Sherwin-Williams Co. | 7.250% | 6/15/19 | 863 | 921 |
Sherwin-Williams Co. | 2.250% | 5/15/20 | 10,345 | 10,312 |
Sherwin-Williams Co. | 2.750% | 6/1/22 | 6,073 | 6,052 |
Southern Copper Corp. | 5.375% | 4/16/20 | 2,600 | 2,766 |
Southern Copper Corp. | 3.500% | 11/8/22 | 25 | 26 |
Syngenta Finance NV | 3.125% | 3/28/22 | 3,615 | 3,503 |
Vale Overseas Ltd. | 4.625% | 9/15/20 | 3,100 | 3,282 |
Vale Overseas Ltd. | 5.875% | 6/10/21 | 17,360 | 18,944 |
Vale Overseas Ltd. | 4.375% | 1/11/22 | 12,615 | 13,056 |
Westlake Chemical Corp. | 4.625% | 2/15/21 | 4,080 | 4,182 |
WestRock RKT Co. | 4.450% | 3/1/19 | 5,100 | 5,207 |
WestRock RKT Co. | 3.500% | 3/1/20 | 2,634 | 2,681 |
Weyerhaeuser Co. | 4.700% | 3/15/21 | 5,010 | 5,272 |
Capital Goods (1.4%) | ||||
3M Co. | 2.000% | 8/7/20 | 3,475 | 3,455 |
3M Co. | 1.625% | 9/19/21 | 5,585 | 5,416 |
3M Co. | 2.000% | 6/26/22 | 3,225 | 3,160 |
ABB Finance USA Inc. | 2.875% | 5/8/22 | 7,011 | 7,129 |
Acuity Brands Lighting Inc. | 6.000% | 12/15/19 | 675 | 718 |
Bemis Co. Inc. | 6.800% | 8/1/19 | 500 | 531 |
Bemis Co. Inc. | 4.500% | 10/15/21 | 2,800 | 2,952 |
Boeing Capital Corp. | 4.700% | 10/27/19 | 6,775 | 7,079 |
Boeing Co. | 6.000% | 3/15/19 | 3,471 | 3,632 |
Boeing Co. | 4.875% | 2/15/20 | 5,795 | 6,121 |
Boeing Co. | 1.650% | 10/30/20 | 4,830 | 4,752 |
Boeing Co. | 8.750% | 8/15/21 | 1,000 | 1,213 |
Boeing Co. | 2.350% | 10/30/21 | 4,000 | 4,002 |
Boeing Co. | 2.125% | 3/1/22 | 4,300 | 4,264 |
Carlisle Cos. Inc. | 3.750% | 11/15/22 | 2,650 | 2,716 |
Caterpillar Financial Services Corp. | 7.150% | 2/15/19 | 5,258 | 5,547 |
Caterpillar Financial Services Corp. | 1.350% | 5/18/19 | 5,000 | 4,955 |
Caterpillar Financial Services Corp. | 2.100% | 6/9/19 | 13,033 | 13,040 |
Caterpillar Financial Services Corp. | 2.000% | 11/29/19 | 5,500 | 5,484 |
Caterpillar Financial Services Corp. | 2.250% | 12/1/19 | 5,341 | 5,348 |
16
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Caterpillar Financial Services Corp. | 2.100% | 1/10/20 | 7,000 | 6,985 |
Caterpillar Financial Services Corp. | 2.000% | 3/5/20 | 6,475 | 6,442 |
Caterpillar Financial Services Corp. | 1.850% | 9/4/20 | 7,400 | 7,280 |
Caterpillar Financial Services Corp. | 2.500% | 11/13/20 | 3,500 | 3,511 |
Caterpillar Financial Services Corp. | 1.700% | 8/9/21 | 15,800 | 15,375 |
Caterpillar Financial Services Corp. | 2.750% | 8/20/21 | 350 | 352 |
Caterpillar Financial Services Corp. | 1.931% | 10/1/21 | 4,650 | 4,547 |
Caterpillar Financial Services Corp. | 2.400% | 6/6/22 | 2,000 | 1,986 |
Caterpillar Financial Services Corp. | 2.550% | 11/29/22 | 5,200 | 5,173 |
Caterpillar Inc. | 3.900% | 5/27/21 | 16,515 | 17,305 |
Caterpillar Inc. | 2.600% | 6/26/22 | 6,600 | 6,604 |
CNH Industrial Capital LLC | 4.375% | 11/6/20 | 5,961 | 6,185 |
CNH Industrial Capital LLC | 4.875% | 4/1/21 | 4,032 | 4,229 |
CNH Industrial Capital LLC | 3.875% | 10/15/21 | 2,395 | 2,446 |
CNH Industrial Capital LLC | 4.375% | 4/5/22 | 4,165 | 4,316 |
CRH America Inc. | 5.750% | 1/15/21 | 450 | 487 |
Deere & Co. | 4.375% | 10/16/19 | 225 | 234 |
Deere & Co. | 2.600% | 6/8/22 | 8,638 | 8,654 |
Dover Corp. | 4.300% | 3/1/21 | 4,200 | 4,426 |
Eaton Corp. | 6.950% | 3/20/19 | 928 | 977 |
Eaton Corp. | 2.750% | 11/2/22 | 8,000 | 8,009 |
Embraer SA | 5.150% | 6/15/22 | 400 | 426 |
Emerson Electric Co. | 4.875% | 10/15/19 | 3,220 | 3,370 |
Emerson Electric Co. | 4.250% | 11/15/20 | 825 | 868 |
Emerson Electric Co. | 2.625% | 12/1/21 | 4,475 | 4,517 |
FLIR Systems Inc. | 3.125% | 6/15/21 | 2,325 | 2,336 |
Flowserve Corp. | 3.500% | 9/15/22 | 4,625 | 4,650 |
Fortive Corp. | 1.800% | 6/15/19 | 2,075 | 2,061 |
Fortive Corp. | 2.350% | 6/15/21 | 6,400 | 6,326 |
Fortune Brands Home & Security Inc. | 3.000% | 6/15/20 | 3,000 | 3,027 |
General Dynamics Corp. | 3.875% | 7/15/21 | 3,805 | 3,982 |
General Electric Co. | 6.000% | 8/7/19 | 8,458 | 8,942 |
General Electric Co. | 2.100% | 12/11/19 | 2,925 | 2,922 |
General Electric Co. | 5.500% | 1/8/20 | 9,776 | 10,376 |
General Electric Co. | 2.200% | 1/9/20 | 12,636 | 12,592 |
General Electric Co. | 5.550% | 5/4/20 | 7,556 | 8,090 |
General Electric Co. | 4.375% | 9/16/20 | 10,548 | 11,067 |
General Electric Co. | 4.625% | 1/7/21 | 8,486 | 8,987 |
General Electric Co. | 5.300% | 2/11/21 | 7,850 | 8,443 |
General Electric Co. | 4.650% | 10/17/21 | 17,803 | 19,075 |
General Electric Co. | 2.700% | 10/9/22 | 22,685 | 22,639 |
Harris Corp. | 2.700% | 4/27/20 | 6,533 | 6,552 |
Harris Corp. | 4.400% | 12/15/20 | 2,725 | 2,856 |
Honeywell International Inc. | 1.400% | 10/30/19 | 4,000 | 3,957 |
Honeywell International Inc. | 1.800% | 10/30/19 | 8,500 | 8,457 |
Honeywell International Inc. | 4.250% | 3/1/21 | 6,500 | 6,875 |
Honeywell International Inc. | 1.850% | 11/1/21 | 10,525 | 10,324 |
Illinois Tool Works Inc. | 1.950% | 3/1/19 | 5,932 | 5,919 |
Illinois Tool Works Inc. | 6.250% | 4/1/19 | 4,650 | 4,883 |
Illinois Tool Works Inc. | 3.375% | 9/15/21 | 1,075 | 1,102 |
Ingersoll-Rand Global Holding Co. Ltd. | 2.875% | 1/15/19 | 3,800 | 3,820 |
Ingersoll-Rand Luxembourg Finance SA | 2.625% | 5/1/20 | 2,000 | 2,001 |
John Deere Capital Corp. | 1.950% | 1/8/19 | 10,261 | 10,242 |
John Deere Capital Corp. | 1.950% | 3/4/19 | 14,155 | 14,146 |
John Deere Capital Corp. | 2.250% | 4/17/19 | 5,685 | 5,697 |
John Deere Capital Corp. | 2.300% | 9/16/19 | 2,775 | 2,777 |
John Deere Capital Corp. | 1.250% | 10/9/19 | 7,650 | 7,531 |
John Deere Capital Corp. | 1.700% | 1/15/20 | 350 | 347 |
John Deere Capital Corp. | 2.050% | 3/10/20 | 4,400 | 4,385 |
John Deere Capital Corp. | 2.200% | 3/13/20 | 2,000 | 1,996 |
John Deere Capital Corp. | 1.950% | 6/22/20 | 3,700 | 3,669 |
John Deere Capital Corp. | 2.375% | 7/14/20 | 2,500 | 2,504 |
John Deere Capital Corp. | 2.450% | 9/11/20 | 2,600 | 2,604 |
John Deere Capital Corp. | 2.550% | 1/8/21 | 2,200 | 2,209 |
17
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
John Deere Capital Corp. | 2.800% | 3/4/21 | 3,000 | 3,031 |
John Deere Capital Corp. | 3.900% | 7/12/21 | 3,500 | 3,669 |
John Deere Capital Corp. | 3.150% | 10/15/21 | 175 | 179 |
John Deere Capital Corp. | 2.650% | 1/6/22 | 6,600 | 6,636 |
John Deere Capital Corp. | 2.750% | 3/15/22 | 125 | 126 |
John Deere Capital Corp. | 2.150% | 9/8/22 | 5,800 | 5,667 |
Johnson Controls International plc | 5.000% | 3/30/20 | 1,575 | 1,660 |
Johnson Controls International plc | 4.250% | 3/1/21 | 1,364 | 1,428 |
Johnson Controls International plc | 3.750% | 12/1/21 | 1,200 | 1,240 |
Kennametal Inc. | 2.650% | 11/1/19 | 3,400 | 3,393 |
Kennametal Inc. | 3.875% | 2/15/22 | 575 | 580 |
L3 Technologies Inc. | 5.200% | 10/15/19 | 9,195 | 9,636 |
L3 Technologies Inc. | 4.750% | 7/15/20 | 6,234 | 6,556 |
L3 Technologies Inc. | 4.950% | 2/15/21 | 4,091 | 4,335 |
Lockheed Martin Corp. | 4.250% | 11/15/19 | 5,285 | 5,485 |
Lockheed Martin Corp. | 2.500% | 11/23/20 | 13,585 | 13,687 |
Lockheed Martin Corp. | 3.350% | 9/15/21 | 3,056 | 3,141 |
Masco Corp. | 7.125% | 3/15/20 | 534 | 583 |
Masco Corp. | 3.500% | 4/1/21 | 2,710 | 2,756 |
Masco Corp. | 5.950% | 3/15/22 | 823 | 912 |
Northrop Grumman Corp. | 5.050% | 8/1/19 | 200 | 209 |
Northrop Grumman Corp. | 2.080% | 10/15/20 | 9,116 | 9,040 |
Northrop Grumman Corp. | 3.500% | 3/15/21 | 5,611 | 5,776 |
Northrop Grumman Corp. | 2.550% | 10/15/22 | 11,400 | 11,301 |
Precision Castparts Corp. | 2.250% | 6/15/20 | 6,830 | 6,841 |
Raytheon Co. | 4.400% | 2/15/20 | 3,400 | 3,555 |
Raytheon Co. | 3.125% | 10/15/20 | 6,009 | 6,147 |
Raytheon Co. | 2.500% | 12/15/22 | 4,595 | 4,577 |
Republic Services Inc. | 5.500% | 9/15/19 | 4,955 | 5,217 |
Republic Services Inc. | 5.000% | 3/1/20 | 7,893 | 8,309 |
Republic Services Inc. | 5.250% | 11/15/21 | 2,729 | 2,982 |
Republic Services Inc. | 3.550% | 6/1/22 | 3,462 | 3,567 |
Rockwell Automation Inc. | 2.050% | 3/1/20 | 5,850 | 5,801 |
Rockwell Collins Inc. | 1.950% | 7/15/19 | 3,325 | 3,310 |
Rockwell Collins Inc. | 2.800% | 3/15/22 | 8,930 | 8,939 |
Roper Technologies Inc. | 6.250% | 9/1/19 | 1,845 | 1,961 |
Roper Technologies Inc. | 3.000% | 12/15/20 | 5,387 | 5,449 |
Roper Technologies Inc. | 2.800% | 12/15/21 | 7,851 | 7,855 |
Roper Technologies Inc. | 3.125% | 11/15/22 | 5,912 | 5,960 |
Stanley Black & Decker Inc. | 2.451% | 11/17/18 | 5,950 | 5,969 |
Stanley Black & Decker Inc. | 3.400% | 12/1/21 | 3,000 | 3,090 |
Stanley Black & Decker Inc. | 2.900% | 11/1/22 | 690 | 693 |
3 Stanley Black & Decker Inc. | 5.750% | 12/15/53 | 2,190 | 2,245 |
United Technologies Corp. | 1.500% | 11/1/19 | 6,500 | 6,423 |
United Technologies Corp. | 4.500% | 4/15/20 | 10,142 | 10,636 |
United Technologies Corp. | 1.900% | 5/4/20 | 6,285 | 6,221 |
United Technologies Corp. | 1.950% | 11/1/21 | 6,540 | 6,378 |
United Technologies Corp. | 3.100% | 6/1/22 | 14,371 | 14,636 |
Waste Management Inc. | 4.750% | 6/30/20 | 4,457 | 4,720 |
Waste Management Inc. | 4.600% | 3/1/21 | 2,703 | 2,869 |
Waste Management Inc. | 2.900% | 9/15/22 | 5,835 | 5,882 |
Xylem Inc. | 4.875% | 10/1/21 | 4,790 | 5,167 |
Communication (1.7%) | ||||
21st Century Fox America Inc. | 6.900% | 3/1/19 | 5,050 | 5,316 |
21st Century Fox America Inc. | 5.650% | 8/15/20 | 6,383 | 6,896 |
21st Century Fox America Inc. | 4.500% | 2/15/21 | 3,925 | 4,153 |
Activision Blizzard Inc. | 2.300% | 9/15/21 | 7,450 | 7,360 |
Activision Blizzard Inc. | 2.600% | 6/15/22 | 1,575 | 1,558 |
America Movil SAB de CV | 5.000% | 10/16/19 | 6,200 | 6,490 |
America Movil SAB de CV | 5.000% | 3/30/20 | 16,266 | 17,105 |
America Movil SAB de CV | 3.125% | 7/16/22 | 9,070 | 9,166 |
American Tower Corp. | 3.400% | 2/15/19 | 7,881 | 7,972 |
American Tower Corp. | 2.800% | 6/1/20 | 5,475 | 5,506 |
18
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
American Tower Corp. | 5.050% | 9/1/20 | 4,573 | 4,850 |
American Tower Corp. | 3.300% | 2/15/21 | 11,105 | 11,294 |
American Tower Corp. | 3.450% | 9/15/21 | 6,569 | 6,698 |
American Tower Corp. | 5.900% | 11/1/21 | 3,787 | 4,193 |
American Tower Corp. | 2.250% | 1/15/22 | 2,980 | 2,901 |
American Tower Corp. | 4.700% | 3/15/22 | 2,150 | 2,305 |
AT&T Inc. | 5.800% | 2/15/19 | 4,500 | 4,671 |
AT&T Inc. | 2.300% | 3/11/19 | 10,515 | 10,517 |
AT&T Inc. | 5.875% | 10/1/19 | 5,800 | 6,146 |
AT&T Inc. | 5.200% | 3/15/20 | 10,356 | 10,946 |
AT&T Inc. | 2.450% | 6/30/20 | 28,537 | 28,510 |
AT&T Inc. | 4.600% | 2/15/21 | 5,207 | 5,482 |
AT&T Inc. | 2.800% | 2/17/21 | 14,198 | 14,255 |
AT&T Inc. | 5.000% | 3/1/21 | 10,319 | 11,048 |
AT&T Inc. | 4.450% | 5/15/21 | 6,402 | 6,757 |
AT&T Inc. | 3.875% | 8/15/21 | 10,854 | 11,239 |
AT&T Inc. | 3.000% | 2/15/22 | 10,920 | 10,951 |
AT&T Inc. | 3.200% | 3/1/22 | 8,525 | 8,616 |
AT&T Inc. | 3.800% | 3/15/22 | 5,700 | 5,887 |
AT&T Inc. | 3.000% | 6/30/22 | 22,675 | 22,708 |
British Telecommunications plc | 2.350% | 2/14/19 | 5,875 | 5,882 |
CBS Corp. | 2.300% | 8/15/19 | 8,525 | 8,528 |
CBS Corp. | 4.300% | 2/15/21 | 1,800 | 1,880 |
CBS Corp. | 3.375% | 3/1/22 | 5,100 | 5,181 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 3.579% | 7/23/20 | 20,695 | 21,070 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 4.464% | 7/23/22 | 25,144 | 26,173 |
Comcast Cable Communications Holdings Inc. | 9.455% | 11/15/22 | 5,000 | 6,532 |
Comcast Corp. | 5.700% | 7/1/19 | 2,095 | 2,203 |
Comcast Corp. | 5.150% | 3/1/20 | 10,299 | 10,934 |
Comcast Corp. | 1.625% | 1/15/22 | 6,115 | 5,905 |
Comcast Corp. | 3.125% | 7/15/22 | 4,124 | 4,217 |
Crown Castle International Corp. | 3.400% | 2/15/21 | 11,485 | 11,718 |
Crown Castle International Corp. | 2.250% | 9/1/21 | 5,976 | 5,874 |
Crown Castle International Corp. | 4.875% | 4/15/22 | 7,483 | 8,038 |
Deutsche Telekom International Finance BV | 6.000% | 7/8/19 | 4,150 | 4,379 |
Discovery Communications LLC | 5.625% | 8/15/19 | 2,460 | 2,581 |
Discovery Communications LLC | 2.200% | 9/20/19 | 3,700 | 3,683 |
Discovery Communications LLC | 4.375% | 6/15/21 | 1,458 | 1,523 |
Discovery Communications LLC | 3.300% | 5/15/22 | 7,054 | 7,115 |
Electronic Arts Inc. | 3.700% | 3/1/21 | 7,850 | 8,078 |
Moody's Corp. | 2.750% | 7/15/19 | 7,201 | 7,140 |
Moody's Corp. | 5.500% | 9/1/20 | 3,452 | 3,717 |
Moody's Corp. | 2.750% | 12/15/21 | 3,550 | 3,552 |
Moody's Corp. | 4.500% | 9/1/22 | 250 | 267 |
NBCUniversal Media LLC | 5.150% | 4/30/20 | 21,869 | 23,247 |
NBCUniversal Media LLC | 4.375% | 4/1/21 | 16,723 | 17,697 |
Omnicom Group Inc. | 6.250% | 7/15/19 | 3,535 | 3,739 |
Omnicom Group Inc. | 4.450% | 8/15/20 | 9,410 | 9,860 |
Omnicom Group Inc. | 3.625% | 5/1/22 | 9,725 | 10,040 |
Orange SA | 2.750% | 2/6/19 | 13,440 | 13,526 |
Orange SA | 5.375% | 7/8/19 | 4,240 | 4,426 |
Orange SA | 1.625% | 11/3/19 | 13,127 | 12,964 |
Orange SA | 4.125% | 9/14/21 | 7,269 | 7,690 |
RELX Capital Inc. | 3.125% | 10/15/22 | 3,907 | 3,914 |
S&P Global Inc. | 3.300% | 8/14/20 | 4,800 | 4,889 |
Scripps Networks Interactive Inc. | 2.750% | 11/15/19 | 3,970 | 3,977 |
Scripps Networks Interactive Inc. | 2.800% | 6/15/20 | 3,650 | 3,643 |
Scripps Networks Interactive Inc. | 3.500% | 6/15/22 | 3,225 | 3,264 |
Telefonica Emisiones SAU | 5.877% | 7/15/19 | 1,300 | 1,366 |
Telefonica Emisiones SAU | 5.134% | 4/27/20 | 9,133 | 9,667 |
Telefonica Emisiones SAU | 5.462% | 2/16/21 | 12,060 | 13,044 |
Thomson Reuters Corp. | 4.700% | 10/15/19 | 350 | 364 |
19
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Thomson Reuters Corp. | 3.950% | 9/30/21 | 1,775 | 1,833 |
Time Warner Cable LLC | 8.750% | 2/14/19 | 11,720 | 12,513 |
Time Warner Cable LLC | 8.250% | 4/1/19 | 5,806 | 6,205 |
Time Warner Cable LLC | 5.000% | 2/1/20 | 7,975 | 8,317 |
Time Warner Cable LLC | 4.125% | 2/15/21 | 5,495 | 5,662 |
Time Warner Cable LLC | 4.000% | 9/1/21 | 9,280 | 9,532 |
Time Warner Inc. | 2.100% | 6/1/19 | 5,475 | 5,450 |
Time Warner Inc. | 4.875% | 3/15/20 | 17,795 | 18,690 |
Time Warner Inc. | 4.700% | 1/15/21 | 5,963 | 6,304 |
Time Warner Inc. | 4.750% | 3/29/21 | 8,050 | 8,560 |
Time Warner Inc. | 4.000% | 1/15/22 | 3,000 | 3,127 |
Time Warner Inc. | 3.400% | 6/15/22 | 1,000 | 1,020 |
Verizon Communications Inc. | 2.625% | 2/21/20 | 10,143 | 10,222 |
Verizon Communications Inc. | 3.450% | 3/15/21 | 7,163 | 7,372 |
Verizon Communications Inc. | 4.600% | 4/1/21 | 9,507 | 10,114 |
Verizon Communications Inc. | 1.750% | 8/15/21 | 7,675 | 7,468 |
Verizon Communications Inc. | 3.000% | 11/1/21 | 11,372 | 11,506 |
Verizon Communications Inc. | 3.500% | 11/1/21 | 12,623 | 12,990 |
Verizon Communications Inc. | 2.946% | 3/15/22 | 26,366 | 26,522 |
Verizon Communications Inc. | 3.125% | 3/16/22 | 21,085 | 21,359 |
Verizon Communications Inc. | 2.450% | 11/1/22 | 8,000 | 7,865 |
Viacom Inc. | 5.625% | 9/15/19 | 4,000 | 4,187 |
Viacom Inc. | 3.875% | 12/15/21 | 4,231 | 4,309 |
Vodafone Group plc | 5.450% | 6/10/19 | 9,431 | 9,845 |
Vodafone Group plc | 4.375% | 3/16/21 | 3,330 | 3,518 |
Vodafone Group plc | 2.500% | 9/26/22 | 7,250 | 7,191 |
Walt Disney Co. | 1.650% | 1/8/19 | 2,250 | 2,245 |
Walt Disney Co. | 5.500% | 3/15/19 | 1,028 | 1,068 |
Walt Disney Co. | 1.850% | 5/30/19 | 5,493 | 5,475 |
Walt Disney Co. | 0.875% | 7/12/19 | 7,500 | 7,362 |
Walt Disney Co. | 1.950% | 3/4/20 | 4,670 | 4,654 |
Walt Disney Co. | 1.800% | 6/5/20 | 6,500 | 6,438 |
Walt Disney Co. | 2.150% | 9/17/20 | 5,100 | 5,096 |
Walt Disney Co. | 2.300% | 2/12/21 | 5,489 | 5,487 |
Walt Disney Co. | 3.750% | 6/1/21 | 3,781 | 3,949 |
Walt Disney Co. | 2.750% | 8/16/21 | 5,475 | 5,542 |
Walt Disney Co. | 2.550% | 2/15/22 | 1,650 | 1,654 |
Walt Disney Co. | 2.450% | 3/4/22 | 3,000 | 2,996 |
WPP Finance 2010 | 4.750% | 11/21/21 | 9,850 | 10,524 |
Consumer Cyclical (2.2%) | ||||
Advance Auto Parts Inc. | 5.750% | 5/1/20 | 1,190 | 1,268 |
Alibaba Group Holding Ltd. | 2.500% | 11/28/19 | 16,250 | 16,270 |
Alibaba Group Holding Ltd. | 3.125% | 11/28/21 | 10,350 | 10,510 |
Amazon.com Inc. | 2.600% | 12/5/19 | 10,731 | 10,841 |
5 Amazon.com Inc. | 1.900% | 8/21/20 | 7,200 | 7,149 |
Amazon.com Inc. | 3.300% | 12/5/21 | 6,825 | 7,042 |
Amazon.com Inc. | 2.500% | 11/29/22 | 7,340 | 7,335 |
American Honda Finance Corp. | 1.700% | 2/22/19 | 1,550 | 1,543 |
American Honda Finance Corp. | 1.200% | 7/12/19 | 7,913 | 7,799 |
American Honda Finance Corp. | 2.250% | 8/15/19 | 11,475 | 11,489 |
American Honda Finance Corp. | 2.000% | 11/13/19 | 6,300 | 6,279 |
American Honda Finance Corp. | 2.000% | 2/14/20 | 7,200 | 7,163 |
American Honda Finance Corp. | 1.950% | 7/20/20 | 4,700 | 4,658 |
American Honda Finance Corp. | 2.450% | 9/24/20 | 9,271 | 9,293 |
American Honda Finance Corp. | 1.650% | 7/12/21 | 6,865 | 6,691 |
American Honda Finance Corp. | 1.700% | 9/9/21 | 6,583 | 6,396 |
American Honda Finance Corp. | 2.600% | 11/16/22 | 4,300 | 4,303 |
Aptiv plc | 3.150% | 11/19/20 | 3,550 | 3,601 |
Automatic Data Processing Inc. | 2.250% | 9/15/20 | 8,525 | 8,538 |
AutoNation Inc. | 5.500% | 2/1/20 | 1,620 | 1,710 |
AutoNation Inc. | 3.350% | 1/15/21 | 5,550 | 5,623 |
AutoZone Inc. | 1.625% | 4/21/19 | 5,075 | 5,032 |
AutoZone Inc. | 4.000% | 11/15/20 | 475 | 492 |
20
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
AutoZone Inc. | 2.500% | 4/15/21 | 900 | 893 |
AutoZone Inc. | 3.700% | 4/15/22 | 1,516 | 1,559 |
Best Buy Co. Inc. | 5.500% | 3/15/21 | 1,650 | 1,774 |
Block Financial LLC | 4.125% | 10/1/20 | 6,000 | 6,161 |
Block Financial LLC | 5.500% | 11/1/22 | 2,500 | 2,683 |
BorgWarner Inc. | 4.625% | 9/15/20 | 450 | 473 |
Carnival Corp. | 3.950% | 10/15/20 | 2,615 | 2,721 |
Costco Wholesale Corp. | 1.700% | 12/15/19 | 8,628 | 8,567 |
Costco Wholesale Corp. | 1.750% | 2/15/20 | 3,475 | 3,436 |
Costco Wholesale Corp. | 2.150% | 5/18/21 | 7,590 | 7,545 |
Costco Wholesale Corp. | 2.250% | 2/15/22 | 2,479 | 2,443 |
Costco Wholesale Corp. | 2.300% | 5/18/22 | 8,510 | 8,428 |
CVS Health Corp. | 2.250% | 8/12/19 | 3,978 | 3,960 |
CVS Health Corp. | 2.800% | 7/20/20 | 28,811 | 28,931 |
CVS Health Corp. | 2.125% | 6/1/21 | 12,936 | 12,638 |
CVS Health Corp. | 3.500% | 7/20/22 | 8,450 | 8,576 |
CVS Health Corp. | 2.750% | 12/1/22 | 5,296 | 5,209 |
CVS Health Corp. | 4.750% | 12/1/22 | 1,875 | 2,004 |
DR Horton Inc. | 3.750% | 3/1/19 | 4,243 | 4,302 |
DR Horton Inc. | 2.550% | 12/1/20 | 7,280 | 7,268 |
DR Horton Inc. | 4.375% | 9/15/22 | 583 | 614 |
eBay Inc. | 2.200% | 8/1/19 | 6,760 | 6,753 |
eBay Inc. | 2.150% | 6/5/20 | 5,300 | 5,256 |
eBay Inc. | 3.250% | 10/15/20 | 700 | 714 |
eBay Inc. | 2.875% | 8/1/21 | 5,105 | 5,138 |
eBay Inc. | 3.800% | 3/9/22 | 3,402 | 3,527 |
eBay Inc. | 2.600% | 7/15/22 | 7,454 | 7,383 |
Expedia Inc. | 5.950% | 8/15/20 | 10,722 | 11,535 |
Ford Motor Credit Co. LLC | 2.943% | 1/8/19 | 8,872 | 8,926 |
Ford Motor Credit Co. LLC | 2.375% | 3/12/19 | 12,200 | 12,200 |
Ford Motor Credit Co. LLC | 2.262% | 3/28/19 | 4,200 | 4,189 |
Ford Motor Credit Co. LLC | 2.021% | 5/3/19 | 10,900 | 10,843 |
Ford Motor Credit Co. LLC | 1.897% | 8/12/19 | 2,750 | 2,724 |
Ford Motor Credit Co. LLC | 2.597% | 11/4/19 | 9,371 | 9,368 |
Ford Motor Credit Co. LLC | 2.681% | 1/9/20 | 9,800 | 9,814 |
Ford Motor Credit Co. LLC | 8.125% | 1/15/20 | 5,450 | 6,021 |
Ford Motor Credit Co. LLC | 2.459% | 3/27/20 | 7,290 | 7,265 |
Ford Motor Credit Co. LLC | 3.157% | 8/4/20 | 7,160 | 7,243 |
Ford Motor Credit Co. LLC | 2.343% | 11/2/20 | 13,200 | 13,065 |
Ford Motor Credit Co. LLC | 3.200% | 1/15/21 | 10,590 | 10,739 |
Ford Motor Credit Co. LLC | 5.750% | 2/1/21 | 9,425 | 10,212 |
Ford Motor Credit Co. LLC | 3.336% | 3/18/21 | 16,755 | 17,012 |
Ford Motor Credit Co. LLC | 5.875% | 8/2/21 | 9,885 | 10,828 |
Ford Motor Credit Co. LLC | 3.219% | 1/9/22 | 3,100 | 3,114 |
Ford Motor Credit Co. LLC | 3.339% | 3/28/22 | 14,250 | 14,416 |
Ford Motor Credit Co. LLC | 2.979% | 8/3/22 | 7,900 | 7,872 |
Ford Motor Credit Co. LLC | 4.250% | 9/20/22 | 9,575 | 10,023 |
General Motors Financial Co. Inc. | 3.100% | 1/15/19 | 19,215 | 19,337 |
General Motors Financial Co. Inc. | 2.400% | 5/9/19 | 12,750 | 12,749 |
General Motors Financial Co. Inc. | 3.500% | 7/10/19 | 10,825 | 10,985 |
General Motors Financial Co. Inc. | 2.350% | 10/4/19 | 1,000 | 997 |
General Motors Financial Co. Inc. | 3.150% | 1/15/20 | 6,270 | 6,332 |
General Motors Financial Co. Inc. | 2.650% | 4/13/20 | 775 | 775 |
General Motors Financial Co. Inc. | 3.200% | 7/13/20 | 21,952 | 22,197 |
General Motors Financial Co. Inc. | 2.450% | 11/6/20 | 7,000 | 6,941 |
General Motors Financial Co. Inc. | 3.700% | 11/24/20 | 10,220 | 10,468 |
General Motors Financial Co. Inc. | 4.200% | 3/1/21 | 10,539 | 10,946 |
General Motors Financial Co. Inc. | 3.200% | 7/6/21 | 12,707 | 12,828 |
General Motors Financial Co. Inc. | 4.375% | 9/25/21 | 15,639 | 16,379 |
General Motors Financial Co. Inc. | 3.450% | 1/14/22 | 11,901 | 12,039 |
General Motors Financial Co. Inc. | 3.450% | 4/10/22 | 9,498 | 9,621 |
General Motors Financial Co. Inc. | 3.150% | 6/30/22 | 5,224 | 5,217 |
Home Depot Inc. | 2.000% | 6/15/19 | 10,105 | 10,109 |
Home Depot Inc. | 1.800% | 6/5/20 | 4,000 | 3,967 |
21
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Home Depot Inc. | 3.950% | 9/15/20 | 1,300 | 1,356 |
Home Depot Inc. | 2.000% | 4/1/21 | 11,862 | 11,731 |
Home Depot Inc. | 4.400% | 4/1/21 | 7,533 | 7,982 |
Home Depot Inc. | 2.625% | 6/1/22 | 8,969 | 9,014 |
JD.com Inc. | 3.125% | 4/29/21 | 3,700 | 3,684 |
Kohl's Corp. | 4.000% | 11/1/21 | 4,525 | 4,653 |
Lowe's Cos. Inc. | 1.150% | 4/15/19 | 4,000 | 3,956 |
Lowe's Cos. Inc. | 4.625% | 4/15/20 | 6,050 | 6,295 |
Lowe's Cos. Inc. | 3.750% | 4/15/21 | 5,025 | 5,211 |
Lowe's Cos. Inc. | 3.800% | 11/15/21 | 1,300 | 1,360 |
Lowe's Cos. Inc. | 3.120% | 4/15/22 | 3,249 | 3,310 |
Macy's Retail Holdings Inc. | 3.450% | 1/15/21 | 3,050 | 3,064 |
Macy's Retail Holdings Inc. | 3.875% | 1/15/22 | 835 | 841 |
Marriott International Inc. | 3.000% | 3/1/19 | 3,213 | 3,232 |
Marriott International Inc. | 3.375% | 10/15/20 | 3,875 | 3,951 |
Marriott International Inc. | 2.875% | 3/1/21 | 1,625 | 1,636 |
Marriott International Inc. | 3.125% | 10/15/21 | 3,725 | 3,767 |
Marriott International Inc. | 2.300% | 1/15/22 | 2,516 | 2,472 |
Marriott International Inc. | 3.250% | 9/15/22 | 3,775 | 3,830 |
Mastercard Inc. | 2.000% | 4/1/19 | 4,300 | 4,296 |
Mastercard Inc. | 2.000% | 11/21/21 | 5,000 | 4,922 |
McDonald's Corp. | 1.875% | 5/29/19 | 3,945 | 3,931 |
McDonald's Corp. | 2.200% | 5/26/20 | 1,526 | 1,522 |
McDonald's Corp. | 3.500% | 7/15/20 | 2,499 | 2,572 |
McDonald's Corp. | 2.750% | 12/9/20 | 12,263 | 12,388 |
McDonald's Corp. | 3.625% | 5/20/21 | 6,118 | 6,335 |
McDonald's Corp. | 2.625% | 1/15/22 | 8,798 | 8,801 |
Nordstrom Inc. | 4.750% | 5/1/20 | 3,025 | 3,151 |
Nordstrom Inc. | 4.000% | 10/15/21 | 2,004 | 2,061 |
NVR Inc. | 3.950% | 9/15/22 | 1,512 | 1,582 |
O'Reilly Automotive Inc. | 4.875% | 1/14/21 | 2,435 | 2,577 |
O'Reilly Automotive Inc. | 4.625% | 9/15/21 | 2,210 | 2,347 |
PACCAR Financial Corp. | 1.300% | 5/10/19 | 3,575 | 3,536 |
PACCAR Financial Corp. | 1.950% | 2/27/20 | 275 | 273 |
PACCAR Financial Corp. | 2.500% | 8/14/20 | 2,000 | 2,011 |
PACCAR Financial Corp. | 2.050% | 11/13/20 | 3,000 | 2,970 |
PACCAR Financial Corp. | 2.250% | 2/25/21 | 2,725 | 2,709 |
PACCAR Financial Corp. | 1.650% | 8/11/21 | 75 | 72 |
PACCAR Financial Corp. | 2.300% | 8/10/22 | 2,200 | 2,166 |
QVC Inc. | 3.125% | 4/1/19 | 2,945 | 2,959 |
Ralph Lauren Corp. | 2.625% | 8/18/20 | 1,900 | 1,908 |
Royal Caribbean Cruises Ltd. | 2.650% | 11/28/20 | 1,800 | 1,800 |
Royal Caribbean Cruises Ltd. | 5.250% | 11/15/22 | 4,775 | 5,241 |
Starbucks Corp. | 2.200% | 11/22/20 | 1,500 | 1,500 |
Starbucks Corp. | 2.100% | 2/4/21 | 8,875 | 8,811 |
Starbucks Corp. | 2.700% | 6/15/22 | 1,075 | 1,082 |
Tapestry Inc. | 3.000% | 7/15/22 | 2,800 | 2,774 |
Target Corp. | 2.300% | 6/26/19 | 8,254 | 8,278 |
Target Corp. | 3.875% | 7/15/20 | 1,000 | 1,042 |
Target Corp. | 2.900% | 1/15/22 | 7,348 | 7,456 |
TJX Cos. Inc. | 2.750% | 6/15/21 | 5,815 | 5,885 |
Toyota Motor Credit Corp. | 1.700% | 1/9/19 | 8,850 | 8,815 |
Toyota Motor Credit Corp. | 2.100% | 1/17/19 | 5,045 | 5,048 |
Toyota Motor Credit Corp. | 1.700% | 2/19/19 | 10,275 | 10,238 |
Toyota Motor Credit Corp. | 1.400% | 5/20/19 | 9,673 | 9,578 |
Toyota Motor Credit Corp. | 2.125% | 7/18/19 | 10,285 | 10,288 |
Toyota Motor Credit Corp. | 1.550% | 10/18/19 | 10,500 | 10,400 |
Toyota Motor Credit Corp. | 2.150% | 3/12/20 | 12,030 | 12,007 |
Toyota Motor Credit Corp. | 1.950% | 4/17/20 | 8,727 | 8,669 |
Toyota Motor Credit Corp. | 4.500% | 6/17/20 | 2,000 | 2,105 |
Toyota Motor Credit Corp. | 4.250% | 1/11/21 | 3,025 | 3,187 |
Toyota Motor Credit Corp. | 1.900% | 4/8/21 | 10,975 | 10,796 |
Toyota Motor Credit Corp. | 2.750% | 5/17/21 | 4,250 | 4,296 |
Toyota Motor Credit Corp. | 3.400% | 9/15/21 | 7,515 | 7,768 |
22
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Toyota Motor Credit Corp. | 2.600% | 1/11/22 | 8,400 | 8,428 |
Toyota Motor Credit Corp. | 3.300% | 1/12/22 | 790 | 813 |
Toyota Motor Credit Corp. | 2.150% | 9/8/22 | 10,000 | 9,828 |
VF Corp. | 3.500% | 9/1/21 | 2,000 | 2,059 |
Visa Inc. | 2.200% | 12/14/20 | 26,190 | 26,176 |
Visa Inc. | 2.150% | 9/15/22 | 5,875 | 5,783 |
Visa Inc. | 2.800% | 12/14/22 | 17,949 | 18,186 |
Wal-Mart Stores Inc. | 1.750% | 10/9/19 | 8,375 | 8,346 |
Wal-Mart Stores Inc. | 3.250% | 10/25/20 | 13,052 | 13,449 |
Wal-Mart Stores Inc. | 1.900% | 12/15/20 | 19,335 | 19,209 |
Wal-Mart Stores Inc. | 4.250% | 4/15/21 | 10,528 | 11,189 |
Wal-Mart Stores Inc. | 2.350% | 12/15/22 | 5,225 | 5,197 |
Walgreen Co. | 5.250% | 1/15/19 | 1,227 | 1,261 |
Walgreens Boots Alliance Inc. | 2.700% | 11/18/19 | 6,890 | 6,933 |
Walgreens Boots Alliance Inc. | 3.300% | 11/18/21 | 19,114 | 19,431 |
Western Union Co. | 5.253% | 4/1/20 | 200 | 211 |
Western Union Co. | 3.600% | 3/15/22 | 6,850 | 7,023 |
Wyndham Worldwide Corp. | 4.250% | 3/1/22 | 1,227 | 1,248 |
Consumer Noncyclical (4.2%) | ||||
Abbott Laboratories | 5.125% | 4/1/19 | 5,943 | 6,152 |
Abbott Laboratories | 2.350% | 11/22/19 | 22,070 | 22,105 |
Abbott Laboratories | 2.000% | 3/15/20 | 13,702 | 13,585 |
Abbott Laboratories | 4.125% | 5/27/20 | 6,075 | 6,299 |
Abbott Laboratories | 2.800% | 9/15/20 | 3,500 | 3,515 |
Abbott Laboratories | 2.900% | 11/30/21 | 23,445 | 23,692 |
Abbott Laboratories | 2.550% | 3/15/22 | 4,520 | 4,475 |
AbbVie Inc. | 2.500% | 5/14/20 | 26,727 | 26,788 |
AbbVie Inc. | 2.300% | 5/14/21 | 14,995 | 14,887 |
AbbVie Inc. | 2.900% | 11/6/22 | 17,226 | 17,276 |
AbbVie Inc. | 3.200% | 11/6/22 | 9,925 | 10,079 |
Actavis Inc. | 3.250% | 10/1/22 | 9,480 | 9,494 |
Agilent Technologies Inc. | 5.000% | 7/15/20 | 3,707 | 3,931 |
Agilent Technologies Inc. | 3.200% | 10/1/22 | 2,750 | 2,770 |
Allergan Funding SCS | 2.450% | 6/15/19 | 7,163 | 7,165 |
Allergan Funding SCS | 3.000% | 3/12/20 | 33,700 | 33,954 |
Allergan Funding SCS | 3.450% | 3/15/22 | 21,040 | 21,357 |
Allergan Inc. | 3.375% | 9/15/20 | 2,500 | 2,548 |
Altria Group Inc. | 9.250% | 8/6/19 | 6,885 | 7,634 |
Altria Group Inc. | 2.625% | 1/14/20 | 15,565 | 15,659 |
Altria Group Inc. | 4.750% | 5/5/21 | 10,946 | 11,728 |
Altria Group Inc. | 2.850% | 8/9/22 | 8,363 | 8,408 |
AmerisourceBergen Corp. | 3.500% | 11/15/21 | 4,150 | 4,244 |
Amgen Inc. | 5.700% | 2/1/19 | 450 | 466 |
Amgen Inc. | 1.900% | 5/10/19 | 7,400 | 7,384 |
Amgen Inc. | 2.200% | 5/22/19 | 18,758 | 18,765 |
Amgen Inc. | 2.125% | 5/1/20 | 6,773 | 6,736 |
Amgen Inc. | 2.200% | 5/11/20 | 8,000 | 7,973 |
Amgen Inc. | 3.450% | 10/1/20 | 8,646 | 8,877 |
Amgen Inc. | 4.100% | 6/15/21 | 7,305 | 7,636 |
Amgen Inc. | 1.850% | 8/19/21 | 6,405 | 6,247 |
Amgen Inc. | 3.875% | 11/15/21 | 9,355 | 9,772 |
Amgen Inc. | 2.700% | 5/1/22 | 2,100 | 2,098 |
Amgen Inc. | 2.650% | 5/11/22 | 7,568 | 7,548 |
Amgen Inc. | 3.625% | 5/15/22 | 5,720 | 5,916 |
Anheuser-Busch Cos. LLC | 5.000% | 3/1/19 | 2,100 | 2,169 |
Anheuser-Busch InBev Finance Inc. | 1.900% | 2/1/19 | 34,629 | 34,558 |
Anheuser-Busch InBev Finance Inc. | 2.150% | 2/1/19 | 18,643 | 18,646 |
Anheuser-Busch InBev Finance Inc. | 2.650% | 2/1/21 | 65,992 | 66,313 |
Anheuser-Busch InBev Worldwide Inc. | 7.750% | 1/15/19 | 21,035 | 22,218 |
Anheuser-Busch InBev Worldwide Inc. | 6.875% | 11/15/19 | 7,125 | 7,721 |
Anheuser-Busch InBev Worldwide Inc. | 5.375% | 1/15/20 | 19,906 | 21,079 |
Anheuser-Busch InBev Worldwide Inc. | 5.000% | 4/15/20 | 1,855 | 1,967 |
Anheuser-Busch InBev Worldwide Inc. | 4.375% | 2/15/21 | 2,425 | 2,559 |
23
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Anheuser-Busch InBev Worldwide Inc. | 3.750% | 1/15/22 | 9,215 | 9,620 |
Anheuser-Busch InBev Worldwide Inc. | 2.500% | 7/15/22 | 23,584 | 23,379 |
Archer-Daniels-Midland Co. | 4.479% | 3/1/21 | 3,354 | 3,560 |
AstraZeneca plc | 2.375% | 11/16/20 | 9,832 | 9,810 |
AstraZeneca plc | 2.375% | 6/12/22 | 9,075 | 8,909 |
5 BAT Capital Corp. | 2.297% | 8/14/20 | 19,900 | 19,784 |
5 BAT Capital Corp. | 2.764% | 8/15/22 | 15,600 | 15,512 |
Baxalta Inc. | 2.875% | 6/23/20 | 2,705 | 2,720 |
Baxalta Inc. | 3.600% | 6/23/22 | 3,604 | 3,683 |
Baxter International Inc. | 1.700% | 8/15/21 | 3,300 | 3,200 |
Becton Dickinson & Co. | 2.133% | 6/6/19 | 6,100 | 6,087 |
Becton Dickinson & Co. | 2.675% | 12/15/19 | 9,286 | 9,327 |
Becton Dickinson & Co. | 2.404% | 6/5/20 | 8,000 | 7,954 |
Becton Dickinson & Co. | 3.250% | 11/12/20 | 4,723 | 4,807 |
Becton Dickinson & Co. | 3.125% | 11/8/21 | 7,390 | 7,430 |
Becton Dickinson & Co. | 2.894% | 6/6/22 | 12,967 | 12,897 |
Bio-Rad Laboratories Inc. | 4.875% | 12/15/20 | 3,075 | 3,253 |
Biogen Inc. | 2.900% | 9/15/20 | 16,434 | 16,665 |
Biogen Inc. | 3.625% | 9/15/22 | 2,703 | 2,795 |
Boston Scientific Corp. | 6.000% | 1/15/20 | 4,550 | 4,852 |
Boston Scientific Corp. | 2.850% | 5/15/20 | 5,000 | 5,032 |
Boston Scientific Corp. | 3.375% | 5/15/22 | 3,325 | 3,372 |
Bristol-Myers Squibb Co. | 1.600% | 2/27/19 | 3,250 | 3,235 |
Bristol-Myers Squibb Co. | 1.750% | 3/1/19 | 1,615 | 1,609 |
Bristol-Myers Squibb Co. | 2.000% | 8/1/22 | 9,585 | 9,373 |
Bunge Ltd. Finance Corp. | 8.500% | 6/15/19 | 5,340 | 5,781 |
Bunge Ltd. Finance Corp. | 3.500% | 11/24/20 | 3,040 | 3,098 |
Bunge Ltd. Finance Corp. | 3.000% | 9/25/22 | 10,600 | 10,473 |
Campbell Soup Co. | 4.250% | 4/15/21 | 2 | 2 |
Cardinal Health Inc. | 1.948% | 6/14/19 | 6,250 | 6,212 |
Cardinal Health Inc. | 2.400% | 11/15/19 | 75 | 75 |
Cardinal Health Inc. | 4.625% | 12/15/20 | 3,725 | 3,915 |
Cardinal Health Inc. | 2.616% | 6/15/22 | 11,830 | 11,645 |
Catholic Health Initiatives Colorado GO | 2.950% | 11/1/22 | 2,000 | 1,981 |
Celgene Corp. | 2.250% | 5/15/19 | 5,100 | 5,089 |
Celgene Corp. | 2.875% | 8/15/20 | 9,258 | 9,343 |
Celgene Corp. | 3.950% | 10/15/20 | 9,419 | 9,763 |
Celgene Corp. | 3.250% | 8/15/22 | 3,037 | 3,082 |
Celgene Corp. | 3.550% | 8/15/22 | 7,172 | 7,364 |
Church & Dwight Co. Inc. | 2.450% | 12/15/19 | 2,050 | 2,046 |
Church & Dwight Co. Inc. | 2.450% | 8/1/22 | 1,700 | 1,679 |
Clorox Co. | 3.800% | 11/15/21 | 4 | 4 |
Clorox Co. | 3.050% | 9/15/22 | 4,425 | 4,494 |
Coca-Cola Co. | 1.375% | 5/30/19 | 5,330 | 5,285 |
Coca-Cola Co. | 1.875% | 10/27/20 | 6,225 | 6,184 |
Coca-Cola Co. | 2.450% | 11/1/20 | 8,095 | 8,148 |
Coca-Cola Co. | 3.150% | 11/15/20 | 4,285 | 4,399 |
Coca-Cola Co. | 1.550% | 9/1/21 | 6,940 | 6,771 |
Coca-Cola Co. | 3.300% | 9/1/21 | 13,166 | 13,581 |
Coca-Cola Co. | 2.200% | 5/25/22 | 3,650 | 3,610 |
Coca-Cola Enterprises Inc. | 3.500% | 9/15/20 | 4,750 | 4,876 |
Coca-Cola Enterprises Inc. | 4.500% | 9/1/21 | 1,225 | 1,293 |
Coca-Cola Femsa SAB de CV | 4.625% | 2/15/20 | 275 | 287 |
Colgate-Palmolive Co. | 1.750% | 3/15/19 | 4,475 | 4,459 |
Colgate-Palmolive Co. | 2.450% | 11/15/21 | 2,665 | 2,672 |
Colgate-Palmolive Co. | 2.300% | 5/3/22 | 2,098 | 2,083 |
Colgate-Palmolive Co. | 2.250% | 11/15/22 | 3,850 | 3,812 |
Constellation Brands Inc. | 2.000% | 11/7/19 | 3,925 | 3,901 |
Constellation Brands Inc. | 3.875% | 11/15/19 | 7,000 | 7,191 |
Constellation Brands Inc. | 2.250% | 11/6/20 | 6,000 | 5,945 |
Constellation Brands Inc. | 3.750% | 5/1/21 | 5,170 | 5,346 |
Constellation Brands Inc. | 6.000% | 5/1/22 | 6,925 | 7,776 |
Constellation Brands Inc. | 2.700% | 5/9/22 | 6,540 | 6,504 |
Covidien International Finance SA | 4.200% | 6/15/20 | 4,475 | 4,671 |
24
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Covidien International Finance SA | 3.200% | 6/15/22 | 8,204 | 8,342 |
CR Bard Inc. | 4.400% | 1/15/21 | 2,295 | 2,391 |
Danaher Corp. | 2.400% | 9/15/20 | 3,775 | 3,782 |
Diageo Capital plc | 4.828% | 7/15/20 | 85 | 90 |
Diageo Investment Corp. | 2.875% | 5/11/22 | 11,296 | 11,425 |
Dignity Health California GO | 2.637% | 11/1/19 | 1,950 | 1,948 |
Dr Pepper Snapple Group Inc. | 2.600% | 1/15/19 | 1,550 | 1,554 |
Eli Lilly & Co. | 1.950% | 3/15/19 | 5,395 | 5,396 |
Eli Lilly & Co. | 2.350% | 5/15/22 | 2,325 | 2,315 |
Estee Lauder Cos. Inc. | 1.800% | 2/7/20 | 7,235 | 7,182 |
Estee Lauder Cos. Inc. | 1.700% | 5/10/21 | 5,575 | 5,451 |
Express Scripts Holding Co. | 2.250% | 6/15/19 | 7,529 | 7,518 |
Express Scripts Holding Co. | 2.600% | 11/30/20 | 8,710 | 8,698 |
Express Scripts Holding Co. | 3.300% | 2/25/21 | 9,825 | 9,976 |
Express Scripts Holding Co. | 4.750% | 11/15/21 | 12,566 | 13,403 |
Express Scripts Holding Co. | 3.900% | 2/15/22 | 9,470 | 9,807 |
Express Scripts Holding Co. | 3.050% | 11/30/22 | 9,400 | 9,398 |
Flowers Foods Inc. | 4.375% | 4/1/22 | 2,975 | 3,151 |
General Mills Inc. | 5.650% | 2/15/19 | 8,993 | 9,332 |
General Mills Inc. | 2.200% | 10/21/19 | 3,525 | 3,525 |
General Mills Inc. | 3.150% | 12/15/21 | 7,153 | 7,288 |
General Mills Inc. | 2.600% | 10/12/22 | 4,000 | 3,971 |
Gilead Sciences Inc. | 2.050% | 4/1/19 | 13,725 | 13,726 |
Gilead Sciences Inc. | 1.850% | 9/20/19 | 6,000 | 5,975 |
Gilead Sciences Inc. | 2.350% | 2/1/20 | 1,450 | 1,456 |
Gilead Sciences Inc. | 2.550% | 9/1/20 | 22,898 | 23,098 |
Gilead Sciences Inc. | 4.500% | 4/1/21 | 6,760 | 7,175 |
Gilead Sciences Inc. | 4.400% | 12/1/21 | 12,283 | 13,084 |
Gilead Sciences Inc. | 1.950% | 3/1/22 | 2,000 | 1,953 |
Gilead Sciences Inc. | 3.250% | 9/1/22 | 5,713 | 5,859 |
GlaxoSmithKline Capital plc | 2.850% | 5/8/22 | 6,502 | 6,580 |
Hasbro Inc. | 3.150% | 5/15/21 | 2,040 | 2,053 |
Hershey Co. | 4.125% | 12/1/20 | 1,450 | 1,519 |
Hillshire Brands Co. | 4.100% | 9/15/20 | 673 | 698 |
Ingredion Inc. | 4.625% | 11/1/20 | 2,100 | 2,208 |
JM Smucker Co. | 2.200% | 12/6/19 | 1,500 | 1,498 |
JM Smucker Co. | 2.500% | 3/15/20 | 10,203 | 10,218 |
JM Smucker Co. | 3.500% | 10/15/21 | 100 | 103 |
JM Smucker Co. | 3.000% | 3/15/22 | 3,000 | 3,016 |
Johnson & Johnson | 1.125% | 3/1/19 | 4,890 | 4,843 |
Johnson & Johnson | 1.875% | 12/5/19 | 5,975 | 5,947 |
Johnson & Johnson | 2.950% | 9/1/20 | 2,860 | 2,921 |
Johnson & Johnson | 1.950% | 11/10/20 | 1,550 | 1,544 |
Johnson & Johnson | 1.650% | 3/1/21 | 8,433 | 8,304 |
Johnson & Johnson | 3.550% | 5/15/21 | 3,500 | 3,642 |
Johnson & Johnson | 2.450% | 12/5/21 | 995 | 1,004 |
Johnson & Johnson | 2.250% | 3/3/22 | 12,655 | 12,612 |
Kaiser Foundation Hospitals | 3.500% | 4/1/22 | 1,830 | 1,883 |
Kellogg Co. | 4.150% | 11/15/19 | 1,200 | 1,239 |
Kellogg Co. | 4.000% | 12/15/20 | 5,163 | 5,391 |
Kimberly-Clark Corp. | 1.400% | 2/15/19 | 4,515 | 4,477 |
Kimberly-Clark Corp. | 1.900% | 5/22/19 | 4,195 | 4,180 |
Kimberly-Clark Corp. | 2.400% | 3/1/22 | 825 | 819 |
Koninklijke Philips NV | 3.750% | 3/15/22 | 7,675 | 7,982 |
Kraft Foods Group Inc. | 5.375% | 2/10/20 | 5,700 | 6,036 |
Kraft Foods Group Inc. | 3.500% | 6/6/22 | 7,116 | 7,282 |
Kraft Heinz Foods Co. | 2.800% | 7/2/20 | 15,135 | 15,215 |
Kraft Heinz Foods Co. | 3.500% | 7/15/22 | 7,735 | 7,909 |
Laboratory Corp. of America Holdings | 2.625% | 2/1/20 | 900 | 903 |
Laboratory Corp. of America Holdings | 3.200% | 2/1/22 | 1,124 | 1,146 |
Laboratory Corp. of America Holdings | 3.750% | 8/23/22 | 4,315 | 4,478 |
Life Technologies Corp. | 6.000% | 3/1/20 | 5,300 | 5,660 |
Life Technologies Corp. | 5.000% | 1/15/21 | 225 | 238 |
McCormick & Co. Inc. | 3.900% | 7/15/21 | 265 | 274 |
25
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
McCormick & Co. Inc. | 2.700% | 8/15/22 | 3,000 | 2,994 |
McKesson Corp. | 7.500% | 2/15/19 | 1,989 | 2,101 |
McKesson Corp. | 2.284% | 3/15/19 | 10,796 | 10,798 |
McKesson Corp. | 4.750% | 3/1/21 | 3,582 | 3,796 |
Mead Johnson Nutrition Co. | 4.900% | 11/1/19 | 1,825 | 1,910 |
Mead Johnson Nutrition Co. | 3.000% | 11/15/20 | 7,688 | 7,802 |
Medco Health Solutions Inc. | 4.125% | 9/15/20 | 5,051 | 5,236 |
Medtronic Global Holdings SCA | 1.700% | 3/28/19 | 1,200 | 1,195 |
Medtronic Inc. | 5.600% | 3/15/19 | 4,001 | 4,167 |
Medtronic Inc. | 2.500% | 3/15/20 | 33,991 | 34,173 |
Medtronic Inc. | 4.450% | 3/15/20 | 1,075 | 1,120 |
Medtronic Inc. | 4.125% | 3/15/21 | 2,500 | 2,620 |
Medtronic Inc. | 3.125% | 3/15/22 | 765 | 782 |
Medtronic Inc. | 3.150% | 3/15/22 | 20,333 | 20,828 |
Merck & Co. Inc. | 1.850% | 2/10/20 | 6,045 | 6,010 |
Merck & Co. Inc. | 3.875% | 1/15/21 | 9,550 | 9,970 |
Merck & Co. Inc. | 2.350% | 2/10/22 | 7,176 | 7,161 |
Merck & Co. Inc. | 2.400% | 9/15/22 | 9,967 | 9,930 |
Merck Sharp & Dohme Corp. | 5.000% | 6/30/19 | 6,565 | 6,846 |
Molson Coors Brewing Co. | 1.900% | 3/15/19 | 6,325 | 6,297 |
Molson Coors Brewing Co. | 1.450% | 7/15/19 | 3,455 | 3,404 |
Molson Coors Brewing Co. | 2.250% | 3/15/20 | 6,445 | 6,413 |
Molson Coors Brewing Co. | 2.100% | 7/15/21 | 8,225 | 8,053 |
Molson Coors Brewing Co. | 3.500% | 5/1/22 | 2,925 | 2,984 |
Mylan Inc. | 2.550% | 3/28/19 | 12,988 | 12,975 |
Mylan NV | 2.500% | 6/7/19 | 5,176 | 5,118 |
Mylan NV | 3.750% | 12/15/20 | 1,247 | 1,271 |
Mylan NV | 3.150% | 6/15/21 | 13,909 | 13,966 |
Newell Brands Inc. | 2.875% | 12/1/19 | 5,850 | 5,903 |
Newell Brands Inc. | 3.150% | 4/1/21 | 12,555 | 12,696 |
Novartis Capital Corp. | 1.800% | 2/14/20 | 14,000 | 13,865 |
Novartis Capital Corp. | 4.400% | 4/24/20 | 7,135 | 7,485 |
Novartis Capital Corp. | 2.400% | 5/17/22 | 9,725 | 9,683 |
Novartis Capital Corp. | 2.400% | 9/21/22 | 11,027 | 10,951 |
Novartis Securities Investment Ltd. | 5.125% | 2/10/19 | 11,052 | 11,407 |
PepsiCo Inc. | 2.250% | 1/7/19 | 4,728 | 4,741 |
PepsiCo Inc. | 1.500% | 2/22/19 | 425 | 423 |
PepsiCo Inc. | 1.550% | 5/2/19 | 8,000 | 7,953 |
PepsiCo Inc. | 1.350% | 10/4/19 | 3,775 | 3,728 |
PepsiCo Inc. | 4.500% | 1/15/20 | 1,100 | 1,151 |
PepsiCo Inc. | 1.850% | 4/30/20 | 9,287 | 9,197 |
PepsiCo Inc. | 2.150% | 10/14/20 | 19,235 | 19,194 |
PepsiCo Inc. | 3.125% | 11/1/20 | 4,450 | 4,557 |
PepsiCo Inc. | 2.000% | 4/15/21 | 9,000 | 8,919 |
PepsiCo Inc. | 3.000% | 8/25/21 | 5,000 | 5,101 |
PepsiCo Inc. | 1.700% | 10/6/21 | 10,822 | 10,542 |
PepsiCo Inc. | 2.750% | 3/5/22 | 5,702 | 5,771 |
PepsiCo Inc. | 2.250% | 5/2/22 | 5,659 | 5,598 |
PepsiCo Inc. | 3.100% | 7/17/22 | 2,900 | 2,962 |
PerkinElmer Inc. | 5.000% | 11/15/21 | 3,000 | 3,229 |
Perrigo Finance Unlimited Co. | 3.500% | 3/15/21 | 2,603 | 2,640 |
Perrigo Finance Unlimited Co. | 3.500% | 12/15/21 | 1,169 | 1,189 |
Pfizer Inc. | 2.100% | 5/15/19 | 13,200 | 13,221 |
Pfizer Inc. | 1.450% | 6/3/19 | 8,150 | 8,092 |
Pfizer Inc. | 1.700% | 12/15/19 | 13,590 | 13,527 |
Pfizer Inc. | 5.200% | 8/12/20 | 1,570 | 1,686 |
Pfizer Inc. | 1.950% | 6/3/21 | 955 | 945 |
Pfizer Inc. | 2.200% | 12/15/21 | 11,144 | 11,088 |
Philip Morris International Inc. | 1.875% | 1/15/19 | 13,013 | 12,984 |
Philip Morris International Inc. | 1.625% | 2/21/19 | 1,535 | 1,526 |
Philip Morris International Inc. | 1.375% | 2/25/19 | 2,710 | 2,687 |
Philip Morris International Inc. | 2.000% | 2/21/20 | 7,380 | 7,328 |
Philip Morris International Inc. | 4.500% | 3/26/20 | 4,161 | 4,354 |
Philip Morris International Inc. | 1.875% | 2/25/21 | 9,411 | 9,241 |
26
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Philip Morris International Inc. | 4.125% | 5/17/21 | 1,920 | 2,017 |
Philip Morris International Inc. | 2.900% | 11/15/21 | 5,644 | 5,699 |
Philip Morris International Inc. | 2.625% | 2/18/22 | 4,280 | 4,285 |
Philip Morris International Inc. | 2.375% | 8/17/22 | 5,000 | 4,924 |
Philip Morris International Inc. | 2.500% | 8/22/22 | 5,112 | 5,060 |
Philip Morris International Inc. | 2.500% | 11/2/22 | 8,495 | 8,398 |
3 Procter & Gamble - Esop | 9.360% | 1/1/21 | 3,655 | 4,050 |
Procter & Gamble Co. | 1.750% | 10/25/19 | 9,975 | 9,946 |
Procter & Gamble Co. | 1.900% | 11/1/19 | 4,880 | 4,869 |
Procter & Gamble Co. | 1.900% | 10/23/20 | 6,775 | 6,733 |
Procter & Gamble Co. | 1.850% | 2/2/21 | 2,175 | 2,146 |
Procter & Gamble Co. | 1.700% | 11/3/21 | 8,035 | 7,846 |
Procter & Gamble Co. | 2.300% | 2/6/22 | 6,157 | 6,130 |
Quest Diagnostics Inc. | 2.700% | 4/1/19 | 8,415 | 8,459 |
Quest Diagnostics Inc. | 2.500% | 3/30/20 | 2,990 | 2,984 |
Quest Diagnostics Inc. | 4.700% | 4/1/21 | 349 | 369 |
Reynolds American Inc. | 8.125% | 6/23/19 | 2,475 | 2,677 |
Reynolds American Inc. | 6.875% | 5/1/20 | 1,925 | 2,111 |
Reynolds American Inc. | 3.250% | 6/12/20 | 14,383 | 14,606 |
Reynolds American Inc. | 4.000% | 6/12/22 | 3,862 | 4,035 |
Sanofi | 4.000% | 3/29/21 | 14,639 | 15,404 |
Shire Acquisitions Investments Ireland DAC | 1.900% | 9/23/19 | 28,775 | 28,524 |
Shire Acquisitions Investments Ireland DAC | 2.400% | 9/23/21 | 28,339 | 27,848 |
Stryker Corp. | 2.000% | 3/8/19 | 6,115 | 6,101 |
Stryker Corp. | 4.375% | 1/15/20 | 3,985 | 4,145 |
Stryker Corp. | 2.625% | 3/15/21 | 9,455 | 9,478 |
Sysco Corp. | 1.900% | 4/1/19 | 4,540 | 4,528 |
Sysco Corp. | 2.600% | 10/1/20 | 700 | 703 |
Sysco Corp. | 2.500% | 7/15/21 | 2,975 | 2,965 |
Sysco Corp. | 2.600% | 6/12/22 | 4,950 | 4,914 |
Teva Pharmaceutical Finance Co. BV | 3.650% | 11/10/21 | 5,437 | 5,172 |
Teva Pharmaceutical Finance Co. BV | 2.950% | 12/18/22 | 5,000 | 4,454 |
Teva Pharmaceutical Finance IV BV | 3.650% | 11/10/21 | 981 | 933 |
Teva Pharmaceutical Finance IV LLC | 2.250% | 3/18/20 | 5,115 | 4,938 |
Teva Pharmaceutical Finance Netherlands III BV | 1.700% | 7/19/19 | 20,630 | 20,021 |
Teva Pharmaceutical Finance Netherlands III BV | 2.200% | 7/21/21 | 24,250 | 22,218 |
The Kroger Co. | 2.000% | 1/15/19 | 2,350 | 2,345 |
The Kroger Co. | 2.300% | 1/15/19 | 7,247 | 7,245 |
The Kroger Co. | 1.500% | 9/30/19 | 4,285 | 4,223 |
The Kroger Co. | 6.150% | 1/15/20 | 6,199 | 6,650 |
The Kroger Co. | 3.300% | 1/15/21 | 7,950 | 8,108 |
The Kroger Co. | 2.600% | 2/1/21 | 2,370 | 2,363 |
The Kroger Co. | 2.950% | 11/1/21 | 300 | 303 |
The Kroger Co. | 3.400% | 4/15/22 | 750 | 768 |
The Kroger Co. | 2.800% | 8/1/22 | 3,975 | 3,949 |
Thermo Fisher Scientific Inc. | 2.150% | 12/14/18 | 4,048 | 4,052 |
Thermo Fisher Scientific Inc. | 2.400% | 2/1/19 | 2,658 | 2,658 |
Thermo Fisher Scientific Inc. | 4.700% | 5/1/20 | 1,375 | 1,442 |
Thermo Fisher Scientific Inc. | 4.500% | 3/1/21 | 6,830 | 7,216 |
Thermo Fisher Scientific Inc. | 3.600% | 8/15/21 | 7,900 | 8,120 |
Thermo Fisher Scientific Inc. | 3.300% | 2/15/22 | 2,001 | 2,039 |
Tupperware Brands Corp. | 4.750% | 6/1/21 | 4,378 | 4,589 |
Tyson Foods Inc. | 2.650% | 8/15/19 | 7,134 | 7,172 |
Tyson Foods Inc. | 2.250% | 8/23/21 | 6,865 | 6,774 |
Tyson Foods Inc. | 4.500% | 6/15/22 | 5,154 | 5,501 |
Unilever Capital Corp. | 4.800% | 2/15/19 | 4,813 | 4,953 |
Unilever Capital Corp. | 2.200% | 3/6/19 | 5,500 | 5,507 |
Unilever Capital Corp. | 1.800% | 5/5/20 | 935 | 927 |
Unilever Capital Corp. | 2.100% | 7/30/20 | 1,200 | 1,196 |
Unilever Capital Corp. | 4.250% | 2/10/21 | 6,112 | 6,442 |
Unilever Capital Corp. | 1.375% | 7/28/21 | 6,520 | 6,287 |
Unilever Capital Corp. | 2.200% | 5/5/22 | 6,000 | 5,937 |
Whirlpool Corp. | 2.400% | 3/1/19 | 3,845 | 3,854 |
Whirlpool Corp. | 4.850% | 6/15/21 | 2,190 | 2,340 |
27
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Whirlpool Corp. | 4.700% | 6/1/22 | 2,148 | 2,306 |
Zimmer Biomet Holdings Inc. | 4.625% | 11/30/19 | 1,275 | 1,323 |
Zimmer Biomet Holdings Inc. | 2.700% | 4/1/20 | 13,357 | 13,377 |
Zimmer Biomet Holdings Inc. | 3.150% | 4/1/22 | 4,477 | 4,441 |
Zoetis Inc. | 3.450% | 11/13/20 | 3,225 | 3,298 |
Energy (2.0%) | ||||
Anadarko Petroleum Corp. | 8.700% | 3/15/19 | 4,745 | 5,084 |
Anadarko Petroleum Corp. | 6.950% | 6/15/19 | 4,123 | 4,377 |
Anadarko Petroleum Corp. | 4.850% | 3/15/21 | 9,515 | 10,049 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 5.500% | 10/15/19 | 1,250 | 1,297 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 3.500% | 12/1/22 | 2,675 | 2,662 |
Apache Corp. | 3.625% | 2/1/21 | 4,000 | 4,092 |
Apache Corp. | 3.250% | 4/15/22 | 10,428 | 10,505 |
Baker Hughes a GE Co. LLC | 3.200% | 8/15/21 | 5,070 | 5,163 |
5 Baker Hughes a GE Co. LLC / Baker Hughes Co-Obligor | ||||
Inc. | 2.773% | 12/15/22 | 7,500 | 7,489 |
Boardwalk Pipelines LP | 5.750% | 9/15/19 | 4,000 | 4,171 |
BP Capital Markets plc | 4.750% | 3/10/19 | 6,300 | 6,495 |
BP Capital Markets plc | 1.676% | 5/3/19 | 782 | 778 |
BP Capital Markets plc | 2.237% | 5/10/19 | 19,252 | 19,281 |
BP Capital Markets plc | 1.768% | 9/19/19 | 4,800 | 4,765 |
BP Capital Markets plc | 2.521% | 1/15/20 | 2,900 | 2,919 |
BP Capital Markets plc | 2.315% | 2/13/20 | 14,649 | 14,690 |
BP Capital Markets plc | 4.500% | 10/1/20 | 9,063 | 9,575 |
BP Capital Markets plc | 4.742% | 3/11/21 | 10,400 | 11,132 |
BP Capital Markets plc | 2.112% | 9/16/21 | 10,175 | 10,041 |
BP Capital Markets plc | 3.062% | 3/17/22 | 13,785 | 14,067 |
BP Capital Markets plc | 3.245% | 5/6/22 | 12,846 | 13,192 |
BP Capital Markets plc | 2.520% | 9/19/22 | 3,000 | 2,987 |
BP Capital Markets plc | 2.500% | 11/6/22 | 15,384 | 15,283 |
Buckeye Partners LP | 2.650% | 11/15/18 | 1,125 | 1,127 |
Buckeye Partners LP | 4.875% | 2/1/21 | 1,410 | 1,478 |
Canadian Natural Resources Ltd. | 3.450% | 11/15/21 | 110 | 113 |
Cenovus Energy Inc. | 5.700% | 10/15/19 | 13,220 | 13,898 |
Cenovus Energy Inc. | 3.000% | 8/15/22 | 2,004 | 1,986 |
Chevron Corp. | 1.686% | 2/28/19 | 4,220 | 4,206 |
Chevron Corp. | 4.950% | 3/3/19 | 3,433 | 3,545 |
Chevron Corp. | 1.561% | 5/16/19 | 5,873 | 5,836 |
Chevron Corp. | 2.193% | 11/15/19 | 17,468 | 17,500 |
Chevron Corp. | 1.961% | 3/3/20 | 10,107 | 10,067 |
Chevron Corp. | 1.991% | 3/3/20 | 6,500 | 6,458 |
Chevron Corp. | 2.427% | 6/24/20 | 12,974 | 13,045 |
Chevron Corp. | 2.419% | 11/17/20 | 11,165 | 11,214 |
Chevron Corp. | 2.100% | 5/16/21 | 11,837 | 11,743 |
Chevron Corp. | 2.411% | 3/3/22 | 1,000 | 997 |
Chevron Corp. | 2.498% | 3/3/22 | 5,775 | 5,780 |
Chevron Corp. | 2.355% | 12/5/22 | 8,925 | 8,855 |
Columbia Pipeline Group Inc. | 3.300% | 6/1/20 | 1,000 | 1,012 |
ConocoPhillips Co. | 2.200% | 5/15/20 | 5,298 | 5,279 |
ConocoPhillips Co. | 4.200% | 3/15/21 | 16,229 | 16,982 |
ConocoPhillips Co. | 2.875% | 11/15/21 | 875 | 882 |
ConocoPhillips Co. | 2.400% | 12/15/22 | 900 | 888 |
Devon Energy Corp. | 4.000% | 7/15/21 | 575 | 599 |
Devon Energy Corp. | 3.250% | 5/15/22 | 11,214 | 11,408 |
Dominion Energy Gas Holdings LLC | 2.500% | 12/15/19 | 8,455 | 8,450 |
Dominion Energy Gas Holdings LLC | 2.800% | 11/15/20 | 7,995 | 8,054 |
Enable Midstream Partners LP | 2.400% | 5/15/19 | 3,089 | 3,072 |
Enbridge Energy Partners LP | 9.875% | 3/1/19 | 6,075 | 6,551 |
Enbridge Energy Partners LP | 4.375% | 10/15/20 | 4,895 | 5,107 |
Enbridge Energy Partners LP | 4.200% | 9/15/21 | 1,125 | 1,169 |
Enbridge Inc. | 2.900% | 7/15/22 | 4,350 | 4,314 |
Encana Corp. | 6.500% | 5/15/19 | 3,925 | 4,122 |
Encana Corp. | 3.900% | 11/15/21 | 1,925 | 1,979 |
28
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Energy Transfer LP | 9.000% | 4/15/19 | 7,743 | 8,354 |
Energy Transfer LP | 4.150% | 10/1/20 | 9,407 | 9,705 |
Energy Transfer LP | 4.650% | 6/1/21 | 2,825 | 2,961 |
Energy Transfer LP | 5.200% | 2/1/22 | 6,925 | 7,381 |
EnLink Midstream Partners LP | 2.700% | 4/1/19 | 2,135 | 2,133 |
Enterprise Products Operating LLC | 6.500% | 1/31/19 | 7,075 | 7,386 |
Enterprise Products Operating LLC | 2.550% | 10/15/19 | 4,225 | 4,238 |
Enterprise Products Operating LLC | 5.250% | 1/31/20 | 3,500 | 3,684 |
Enterprise Products Operating LLC | 5.200% | 9/1/20 | 3,015 | 3,212 |
Enterprise Products Operating LLC | 2.850% | 4/15/21 | 10,000 | 10,084 |
Enterprise Products Operating LLC | 4.050% | 2/15/22 | 2,468 | 2,588 |
3 Enterprise Products Operating LLC | 4.875% | 8/16/77 | 1,500 | 1,493 |
EOG Resources Inc. | 5.625% | 6/1/19 | 4,530 | 4,735 |
EOG Resources Inc. | 2.450% | 4/1/20 | 3,200 | 3,206 |
EOG Resources Inc. | 4.100% | 2/1/21 | 9,990 | 10,423 |
EQT Corp. | 8.125% | 6/1/19 | 6,830 | 7,359 |
EQT Corp. | 2.500% | 10/1/20 | 2,400 | 2,381 |
EQT Corp. | 4.875% | 11/15/21 | 975 | 1,040 |
EQT Corp. | 3.000% | 10/1/22 | 1,500 | 1,480 |
Exxon Mobil Corp. | 1.708% | 3/1/19 | 696 | 694 |
Exxon Mobil Corp. | 1.819% | 3/15/19 | 3,690 | 3,680 |
Exxon Mobil Corp. | 1.912% | 3/6/20 | 26,526 | 26,403 |
Exxon Mobil Corp. | 2.222% | 3/1/21 | 28,242 | 28,189 |
Exxon Mobil Corp. | 2.397% | 3/6/22 | 4,204 | 4,203 |
Halliburton Co. | 3.250% | 11/15/21 | 2,806 | 2,858 |
Hess Corp. | 8.125% | 2/15/19 | 1,100 | 1,165 |
Husky Energy Inc. | 7.250% | 12/15/19 | 1,438 | 1,560 |
Husky Energy Inc. | 3.950% | 4/15/22 | 625 | 647 |
Kinder Morgan Energy Partners LP | 2.650% | 2/1/19 | 17,577 | 17,584 |
Kinder Morgan Energy Partners LP | 9.000% | 2/1/19 | 270 | 288 |
Kinder Morgan Energy Partners LP | 6.850% | 2/15/20 | 3,850 | 4,173 |
Kinder Morgan Energy Partners LP | 6.500% | 4/1/20 | 15,115 | 16,292 |
Kinder Morgan Energy Partners LP | 5.300% | 9/15/20 | 200 | 213 |
Kinder Morgan Energy Partners LP | 3.500% | 3/1/21 | 7,960 | 8,112 |
Kinder Morgan Energy Partners LP | 5.800% | 3/1/21 | 2,300 | 2,493 |
Kinder Morgan Energy Partners LP | 5.000% | 10/1/21 | 5,250 | 5,593 |
Kinder Morgan Energy Partners LP | 3.950% | 9/1/22 | 475 | 488 |
Kinder Morgan Inc. | 3.050% | 12/1/19 | 5,719 | 5,744 |
Kinder Morgan Inc. | 6.500% | 9/15/20 | 2,225 | 2,435 |
Magellan Midstream Partners LP | 6.550% | 7/15/19 | 960 | 1,017 |
Magellan Midstream Partners LP | 4.250% | 2/1/21 | 3 | 3 |
Marathon Oil Corp. | 2.700% | 6/1/20 | 7,933 | 7,928 |
Marathon Petroleum Corp. | 3.400% | 12/15/20 | 5,050 | 5,160 |
Marathon Petroleum Corp. | 5.125% | 3/1/21 | 10,654 | 11,406 |
Nabors Industries Inc. | 6.150% | 2/15/18 | 4,951 | 4,967 |
Nabors Industries Inc. | 9.250% | 1/15/19 | 925 | 979 |
National Fuel Gas Co. | 4.900% | 12/1/21 | 2,125 | 2,230 |
National Oilwell Varco Inc. | 2.600% | 12/1/22 | 15,368 | 15,010 |
Noble Energy Inc. | 5.625% | 5/1/21 | 950 | 972 |
Noble Energy Inc. | 4.150% | 12/15/21 | 4,640 | 4,841 |
Occidental Petroleum Corp. | 4.100% | 2/1/21 | 11,453 | 11,959 |
Occidental Petroleum Corp. | 3.125% | 2/15/22 | 7,215 | 7,386 |
Occidental Petroleum Corp. | 2.600% | 4/15/22 | 3,678 | 3,677 |
ONEOK Inc. | 4.250% | 2/1/22 | 9,700 | 10,088 |
ONEOK Partners LP | 8.625% | 3/1/19 | 2,990 | 3,193 |
ONEOK Partners LP | 3.800% | 3/15/20 | 250 | 255 |
ONEOK Partners LP | 3.375% | 10/1/22 | 3,750 | 3,778 |
Phillips 66 | 4.300% | 4/1/22 | 14,940 | 15,778 |
Phillips 66 Partners LP | 2.646% | 2/15/20 | 1,600 | 1,597 |
Pioneer Natural Resources Co. | 7.500% | 1/15/20 | 4,000 | 4,387 |
Pioneer Natural Resources Co. | 3.450% | 1/15/21 | 3,885 | 3,976 |
Pioneer Natural Resources Co. | 3.950% | 7/15/22 | 3,450 | 3,592 |
Plains All American Pipeline LP / PAA Finance Corp. | 2.600% | 12/15/19 | 4,530 | 4,498 |
Plains All American Pipeline LP / PAA Finance Corp. | 5.750% | 1/15/20 | 7,110 | 7,486 |
29
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Plains All American Pipeline LP / PAA Finance Corp. | 5.000% | 2/1/21 | 4,975 | 5,215 |
Plains All American Pipeline LP / PAA Finance Corp. | 3.650% | 6/1/22 | 775 | 778 |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 5.750% | 9/1/20 | 4,543 | 4,844 |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 5.875% | 3/1/22 | 9,219 | 10,037 |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 5.000% | 10/1/22 | 3,772 | 4,017 |
Repsol Oil & Gas Canada Inc. | 3.750% | 2/1/21 | 2,150 | 2,163 |
Sabine Pass Liquefaction LLC | 5.625% | 2/1/21 | 25,135 | 26,863 |
Sabine Pass Liquefaction LLC | 6.250% | 3/15/22 | 8,740 | 9,690 |
Shell International Finance BV | 1.375% | 5/10/19 | 12,250 | 12,132 |
Shell International Finance BV | 1.375% | 9/12/19 | 14,700 | 14,520 |
Shell International Finance BV | 4.300% | 9/22/19 | 15,250 | 15,807 |
Shell International Finance BV | 2.125% | 5/11/20 | 26,297 | 26,240 |
Shell International Finance BV | 2.250% | 11/10/20 | 9,708 | 9,700 |
Shell International Finance BV | 1.875% | 5/10/21 | 8,950 | 8,808 |
Shell International Finance BV | 1.750% | 9/12/21 | 10,450 | 10,194 |
Shell International Finance BV | 2.375% | 8/21/22 | 12,609 | 12,489 |
Sunoco Logistics Partners Operations LP | 4.400% | 4/1/21 | 8,800 | 9,149 |
Total Capital International SA | 2.125% | 1/10/19 | 9,075 | 9,080 |
Total Capital International SA | 2.100% | 6/19/19 | 9,850 | 9,852 |
Total Capital International SA | 2.750% | 6/19/21 | 1,975 | 1,998 |
Total Capital International SA | 2.875% | 2/17/22 | 7,085 | 7,169 |
Total Capital SA | 4.450% | 6/24/20 | 14,500 | 15,266 |
Total Capital SA | 4.125% | 1/28/21 | 2,975 | 3,132 |
Total Capital SA | 4.250% | 12/15/21 | 7,135 | 7,600 |
TransCanada PipeLines Ltd. | 3.125% | 1/15/19 | 6,285 | 6,346 |
TransCanada PipeLines Ltd. | 7.125% | 1/15/19 | 3,031 | 3,183 |
TransCanada PipeLines Ltd. | 2.125% | 11/15/19 | 5,175 | 5,159 |
TransCanada PipeLines Ltd. | 3.800% | 10/1/20 | 960 | 995 |
Valero Energy Corp. | 9.375% | 3/15/19 | 3,950 | 4,277 |
Valero Energy Corp. | 6.125% | 2/1/20 | 2,428 | 2,605 |
Western Gas Partners LP | 5.375% | 6/1/21 | 4,800 | 5,066 |
Western Gas Partners LP | 4.000% | 7/1/22 | 7,000 | 7,125 |
Williams Partners LP | 5.250% | 3/15/20 | 20,210 | 21,356 |
Williams Partners LP | 4.125% | 11/15/20 | 2,596 | 2,689 |
Williams Partners LP | 4.000% | 11/15/21 | 7,406 | 7,659 |
Williams Partners LP | 3.600% | 3/15/22 | 3,375 | 3,435 |
Williams Partners LP | 3.350% | 8/15/22 | 6,040 | 6,093 |
Other Industrial (0.0%) | ||||
Cintas Corp. No 2 | 2.900% | 4/1/22 | 1,750 | 1,761 |
Yale University Connecticut GO | 2.086% | 4/15/19 | 3,550 | 3,554 |
Technology (2.5%) | ||||
Adobe Systems Inc. | 4.750% | 2/1/20 | 6,475 | 6,815 |
Alphabet Inc. | 3.625% | 5/19/21 | 3,722 | 3,893 |
Amphenol Corp. | 2.550% | 1/30/19 | 8,435 | 8,447 |
Amphenol Corp. | 2.200% | 4/1/20 | 5,490 | 5,459 |
Analog Devices Inc. | 2.500% | 12/5/21 | 3,060 | 3,035 |
Apple Inc. | 1.550% | 2/8/19 | 5,400 | 5,381 |
Apple Inc. | 1.700% | 2/22/19 | 5,355 | 5,341 |
Apple Inc. | 2.100% | 5/6/19 | 17,136 | 17,178 |
Apple Inc. | 1.100% | 8/2/19 | 8,395 | 8,310 |
Apple Inc. | 1.500% | 9/12/19 | 7,325 | 7,264 |
Apple Inc. | 1.800% | 11/13/19 | 4,510 | 4,492 |
Apple Inc. | 1.550% | 2/7/20 | 14,279 | 14,105 |
Apple Inc. | 1.900% | 2/7/20 | 8,037 | 7,999 |
Apple Inc. | 2.000% | 5/6/20 | 9,489 | 9,457 |
Apple Inc. | 1.800% | 5/11/20 | 7,520 | 7,446 |
Apple Inc. | 2.000% | 11/13/20 | 8,815 | 8,759 |
Apple Inc. | 2.250% | 2/23/21 | 23,289 | 23,257 |
Apple Inc. | 2.850% | 5/6/21 | 22,897 | 23,274 |
Apple Inc. | 1.550% | 8/4/21 | 13,455 | 13,058 |
30
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Apple Inc. | 2.150% | 2/9/22 | 8,655 | 8,637 |
Apple Inc. | 2.500% | 2/9/22 | 15,159 | 15,174 |
Apple Inc. | 2.300% | 5/11/22 | 13,220 | 13,109 |
Apple Inc. | 2.700% | 5/13/22 | 8,760 | 8,830 |
Applied Materials Inc. | 2.625% | 10/1/20 | 6,522 | 6,590 |
Applied Materials Inc. | 4.300% | 6/15/21 | 3,700 | 3,926 |
Arrow Electronics Inc. | 3.500% | 4/1/22 | 2,500 | 2,531 |
Autodesk Inc. | 3.125% | 6/15/20 | 1,975 | 1,976 |
Avnet Inc. | 5.875% | 6/15/20 | 755 | 803 |
Avnet Inc. | 3.750% | 12/1/21 | 4,325 | 4,384 |
Avnet Inc. | 4.875% | 12/1/22 | 1,975 | 2,079 |
Baidu Inc. | 2.750% | 6/9/19 | 7,300 | 7,311 |
Baidu Inc. | 3.000% | 6/30/20 | 3,550 | 3,563 |
Baidu Inc. | 2.875% | 7/6/22 | 7,625 | 7,542 |
Baidu Inc. | 3.500% | 11/28/22 | 5,775 | 5,871 |
5 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 2.375% | 1/15/20 | 23,547 | 23,406 |
5 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 2.200% | 1/15/21 | 6,800 | 6,652 |
5 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.000% | 1/15/22 | 31,355 | 31,137 |
CA Inc. | 5.375% | 12/1/19 | 4,025 | 4,222 |
CA Inc. | 3.600% | 8/1/20 | 4,325 | 4,418 |
CA Inc. | 3.600% | 8/15/22 | 2,575 | 2,592 |
Cisco Systems Inc. | 4.950% | 2/15/19 | 14,612 | 15,090 |
Cisco Systems Inc. | 1.600% | 2/28/19 | 5,495 | 5,469 |
Cisco Systems Inc. | 2.125% | 3/1/19 | 19,005 | 19,044 |
Cisco Systems Inc. | 1.400% | 9/20/19 | 5,597 | 5,536 |
Cisco Systems Inc. | 4.450% | 1/15/20 | 17,269 | 18,048 |
Cisco Systems Inc. | 2.450% | 6/15/20 | 22,369 | 22,486 |
Cisco Systems Inc. | 2.200% | 2/28/21 | 10,075 | 10,028 |
Cisco Systems Inc. | 2.900% | 3/4/21 | 3,195 | 3,248 |
Cisco Systems Inc. | 1.850% | 9/20/21 | 16,172 | 15,872 |
Cisco Systems Inc. | 3.000% | 6/15/22 | 2,575 | 2,624 |
Corning Inc. | 6.625% | 5/15/19 | 5,090 | 5,378 |
Corning Inc. | 4.250% | 8/15/20 | 907 | 947 |
5 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 3.480% | 6/1/19 | 27,335 | 27,680 |
5 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 4.420% | 6/15/21 | 38,628 | 40,265 |
DXC Technology Co. | 2.875% | 3/27/20 | 4,100 | 4,116 |
Equifax Inc. | 3.300% | 12/15/22 | 3,955 | 3,947 |
Fidelity National Information Services Inc. | 3.625% | 10/15/20 | 7,370 | 7,566 |
Fidelity National Information Services Inc. | 2.250% | 8/15/21 | 13,170 | 12,960 |
Fiserv Inc. | 2.700% | 6/1/20 | 3,200 | 3,221 |
Fiserv Inc. | 4.625% | 10/1/20 | 3,023 | 3,192 |
Fiserv Inc. | 3.500% | 10/1/22 | 2,678 | 2,757 |
Flex Ltd. | 4.625% | 2/15/20 | 3,505 | 3,624 |
Hewlett Packard Enterprise Co. | 3.600% | 10/15/20 | 24,495 | 25,010 |
Hewlett Packard Enterprise Co. | 4.400% | 10/15/22 | 13,600 | 14,290 |
HP Inc. | 3.750% | 12/1/20 | 650 | 667 |
HP Inc. | 4.375% | 9/15/21 | 21,300 | 22,429 |
HP Inc. | 4.650% | 12/9/21 | 11,406 | 12,123 |
HP Inc. | 4.050% | 9/15/22 | 2,413 | 2,514 |
IBM Credit LLC | 1.625% | 9/6/19 | 5,000 | 4,967 |
IBM Credit LLC | 1.800% | 1/20/21 | 5,425 | 5,339 |
IBM Credit LLC | 2.200% | 9/8/22 | 4,500 | 4,412 |
Intel Corp. | 1.850% | 5/11/20 | 3,700 | 3,679 |
Intel Corp. | 2.450% | 7/29/20 | 4,450 | 4,480 |
Intel Corp. | 1.700% | 5/19/21 | 3,600 | 3,526 |
Intel Corp. | 3.300% | 10/1/21 | 11,331 | 11,725 |
Intel Corp. | 2.350% | 5/11/22 | 5,500 | 5,467 |
Intel Corp. | 3.100% | 7/29/22 | 8,850 | 9,080 |
Intel Corp. | 2.700% | 12/15/22 | 10,685 | 10,791 |
International Business Machines Corp. | 1.950% | 2/12/19 | 13,675 | 13,661 |
International Business Machines Corp. | 1.875% | 5/15/19 | 700 | 698 |
International Business Machines Corp. | 1.800% | 5/17/19 | 19,360 | 19,304 |
International Business Machines Corp. | 8.375% | 11/1/19 | 350 | 390 |
International Business Machines Corp. | 1.900% | 1/27/20 | 6,722 | 6,692 |
31
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
International Business Machines Corp. | 1.625% | 5/15/20 | 4,446 | 4,388 |
International Business Machines Corp. | 2.250% | 2/19/21 | 7,529 | 7,494 |
International Business Machines Corp. | 2.900% | 11/1/21 | 175 | 178 |
International Business Machines Corp. | 2.500% | 1/27/22 | 7,085 | 7,089 |
International Business Machines Corp. | 1.875% | 8/1/22 | 3,875 | 3,760 |
International Business Machines Corp. | 2.875% | 11/9/22 | 400 | 403 |
Jabil Inc. | 5.625% | 12/15/20 | 2,613 | 2,788 |
Juniper Networks Inc. | 3.125% | 2/26/19 | 2,890 | 2,909 |
Juniper Networks Inc. | 3.300% | 6/15/20 | 1,550 | 1,562 |
Juniper Networks Inc. | 4.600% | 3/15/21 | 1,625 | 1,703 |
Keysight Technologies Inc. | 3.300% | 10/30/19 | 3,200 | 3,234 |
KLA-Tencor Corp. | 3.375% | 11/1/19 | 1,675 | 1,702 |
KLA-Tencor Corp. | 4.125% | 11/1/21 | 3,171 | 3,309 |
Lam Research Corp. | 2.750% | 3/15/20 | 3,610 | 3,615 |
Lam Research Corp. | 2.800% | 6/15/21 | 5,785 | 5,816 |
Microsoft Corp. | 4.200% | 6/1/19 | 9,485 | 9,772 |
Microsoft Corp. | 1.100% | 8/8/19 | 19,800 | 19,530 |
Microsoft Corp. | 1.850% | 2/6/20 | 6,061 | 5,998 |
Microsoft Corp. | 1.850% | 2/12/20 | 16,717 | 16,638 |
Microsoft Corp. | 3.000% | 10/1/20 | 6,254 | 6,397 |
Microsoft Corp. | 2.000% | 11/3/20 | 22,840 | 22,734 |
Microsoft Corp. | 4.000% | 2/8/21 | 260 | 273 |
Microsoft Corp. | 1.550% | 8/8/21 | 23,985 | 23,355 |
Microsoft Corp. | 2.400% | 2/6/22 | 14,591 | 14,588 |
Microsoft Corp. | 2.375% | 2/12/22 | 14,220 | 14,365 |
Microsoft Corp. | 2.650% | 11/3/22 | 8,874 | 8,952 |
Microsoft Corp. | 2.125% | 11/15/22 | 5,500 | 5,412 |
Motorola Solutions Inc. | 3.500% | 9/1/21 | 1,000 | 1,017 |
Motorola Solutions Inc. | 3.750% | 5/15/22 | 6,757 | 6,859 |
NetApp Inc. | 2.000% | 9/27/19 | 5,200 | 5,157 |
NetApp Inc. | 3.375% | 6/15/21 | 1,975 | 2,012 |
NVIDIA Corp. | 2.200% | 9/16/21 | 8,345 | 8,261 |
Oracle Corp. | 2.375% | 1/15/19 | 11,926 | 11,977 |
Oracle Corp. | 5.000% | 7/8/19 | 15,175 | 15,843 |
Oracle Corp. | 2.250% | 10/8/19 | 15,276 | 15,338 |
Oracle Corp. | 3.875% | 7/15/20 | 7,375 | 7,691 |
Oracle Corp. | 2.800% | 7/8/21 | 2,990 | 3,041 |
Oracle Corp. | 1.900% | 9/15/21 | 36,804 | 36,201 |
Oracle Corp. | 2.500% | 5/15/22 | 16,610 | 16,620 |
Oracle Corp. | 2.500% | 10/15/22 | 22,050 | 22,025 |
Pitney Bowes Inc. | 6.250% | 3/15/19 | 2,049 | 2,114 |
Pitney Bowes Inc. | 3.625% | 10/1/21 | 3,820 | 3,554 |
Pitney Bowes Inc. | 4.125% | 5/15/22 | 2,800 | 2,581 |
QUALCOMM Inc. | 1.850% | 5/20/19 | 12,015 | 11,972 |
QUALCOMM Inc. | 2.100% | 5/20/20 | 12,975 | 12,912 |
QUALCOMM Inc. | 2.250% | 5/20/20 | 12,847 | 12,753 |
QUALCOMM Inc. | 3.000% | 5/20/22 | 14,676 | 14,691 |
5 Seagate HDD Cayman | 4.250% | 3/1/22 | 5,700 | 5,743 |
Tech Data Corp. | 3.700% | 2/15/22 | 3,985 | 3,989 |
Texas Instruments Inc. | 1.650% | 8/3/19 | 3,710 | 3,689 |
Texas Instruments Inc. | 1.750% | 5/1/20 | 800 | 793 |
Texas Instruments Inc. | 2.750% | 3/12/21 | 3,700 | 3,748 |
Texas Instruments Inc. | 1.850% | 5/15/22 | 3,660 | 3,572 |
Total System Services Inc. | 3.800% | 4/1/21 | 12,995 | 13,288 |
Tyco Electronics Group SA | 2.350% | 8/1/19 | 3,546 | 3,542 |
Tyco Electronics Group SA | 4.875% | 1/15/21 | 5,727 | 6,088 |
Verisk Analytics Inc. | 5.800% | 5/1/21 | 3,215 | 3,502 |
Verisk Analytics Inc. | 4.125% | 9/12/22 | 2,525 | 2,633 |
VMware Inc. | 2.300% | 8/21/20 | 11,075 | 10,980 |
VMware Inc. | 2.950% | 8/21/22 | 11,425 | 11,403 |
Xerox Corp. | 2.750% | 3/15/19 | 6,000 | 5,999 |
Xerox Corp. | 5.625% | 12/15/19 | 4,075 | 4,286 |
Xerox Corp. | 2.800% | 5/15/20 | 2,725 | 2,714 |
Xerox Corp. | 2.750% | 9/1/20 | 1,500 | 1,488 |
32
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Xerox Corp. | 4.500% | 5/15/21 | 7,600 | 7,909 |
Xerox Corp. | 4.070% | 3/17/22 | 264 | 267 |
Xilinx Inc. | 2.125% | 3/15/19 | 3,775 | 3,767 |
Xilinx Inc. | 3.000% | 3/15/21 | 1,570 | 1,582 |
Transportation (0.3%) | ||||
Burlington Northern Santa Fe LLC | 4.700% | 10/1/19 | 2,328 | 2,422 |
Burlington Northern Santa Fe LLC | 3.600% | 9/1/20 | 1,175 | 1,210 |
Burlington Northern Santa Fe LLC | 3.450% | 9/15/21 | 5,150 | 5,303 |
Burlington Northern Santa Fe LLC | 3.050% | 3/15/22 | 2,900 | 2,951 |
Burlington Northern Santa Fe LLC | 3.050% | 9/1/22 | 4,599 | 4,668 |
Canadian National Railway Co. | 5.550% | 3/1/19 | 1,060 | 1,100 |
Canadian National Railway Co. | 2.850% | 12/15/21 | 2,710 | 2,742 |
Canadian Pacific Railway Co. | 7.250% | 5/15/19 | 6,780 | 7,222 |
Canadian Pacific Railway Co. | 9.450% | 8/1/21 | 2,700 | 3,285 |
3 Continental Airlines 2007-1 Class A Pass Through Trust | 5.983% | 10/19/23 | 1,815 | 1,974 |
3 Continental Airlines 2009-2 Class A Pass Through Trust | 7.250% | 5/10/21 | 2,190 | 2,360 |
3 Continental Airlines 2010-1 Class A Pass Through Trust | 4.750% | 7/12/22 | 1,420 | 1,481 |
CSX Corp. | 3.700% | 10/30/20 | 407 | 420 |
CSX Corp. | 4.250% | 6/1/21 | 3,325 | 3,494 |
3 Delta Air Lines 2007-1 Class A Pass Through Trust | 6.821% | 2/10/24 | 2,402 | 2,719 |
3 Delta Air Lines 2009-1 Class A Pass Through Trust | 7.750% | 6/17/21 | 1,362 | 1,473 |
3 Delta Air Lines 2010-2 Class A Pass Through Trust | 4.950% | 11/23/20 | 1,005 | 1,029 |
3 Delta Air Lines 2012-1 Class A Pass Through Trust | 4.750% | 11/7/21 | 757 | 787 |
Delta Air Lines Inc. | 2.875% | 3/13/20 | 6,830 | 6,864 |
Delta Air Lines Inc. | 2.600% | 12/4/20 | 2,000 | 1,994 |
Delta Air Lines Inc. | 3.625% | 3/15/22 | 9,000 | 9,133 |
FedEx Corp. | 8.000% | 1/15/19 | 2,212 | 2,339 |
FedEx Corp. | 2.300% | 2/1/20 | 3,160 | 3,158 |
FedEx Corp. | 2.625% | 8/1/22 | 2,505 | 2,502 |
JB Hunt Transport Services Inc. | 2.400% | 3/15/19 | 2,400 | 2,402 |
JB Hunt Transport Services Inc. | 3.300% | 8/15/22 | 251 | 254 |
Norfolk Southern Corp. | 5.900% | 6/15/19 | 2,625 | 2,754 |
Norfolk Southern Corp. | 3.250% | 12/1/21 | 5,183 | 5,285 |
Norfolk Southern Corp. | 3.000% | 4/1/22 | 6,467 | 6,538 |
3 Northwest Airlines 2007-1 Class A Pass Through Trust | 7.027% | 5/1/21 | 892 | 961 |
Ryder System Inc. | 2.350% | 2/26/19 | 4,135 | 4,139 |
Ryder System Inc. | 2.550% | 6/1/19 | 1,400 | 1,404 |
Ryder System Inc. | 2.450% | 9/3/19 | 3,765 | 3,771 |
Ryder System Inc. | 2.500% | 5/11/20 | 3,800 | 3,797 |
Ryder System Inc. | 2.875% | 9/1/20 | 1,850 | 1,862 |
Ryder System Inc. | 2.250% | 9/1/21 | 1,660 | 1,629 |
Southwest Airlines Co. | 2.750% | 11/6/19 | 4,600 | 4,637 |
Southwest Airlines Co. | 2.650% | 11/5/20 | 1,670 | 1,677 |
Southwest Airlines Co. | 2.750% | 11/16/22 | 2,400 | 2,382 |
Union Pacific Corp. | 2.250% | 2/15/19 | 3,602 | 3,608 |
Union Pacific Corp. | 1.800% | 2/1/20 | 4,700 | 4,655 |
Union Pacific Corp. | 2.250% | 6/19/20 | 7,400 | 7,411 |
Union Pacific Corp. | 4.000% | 2/1/21 | 3,900 | 4,079 |
Union Pacific Corp. | 4.163% | 7/15/22 | 450 | 482 |
United Parcel Service Inc. | 5.125% | 4/1/19 | 14,611 | 15,126 |
United Parcel Service Inc. | 3.125% | 1/15/21 | 5,784 | 5,932 |
United Parcel Service Inc. | 2.050% | 4/1/21 | 6,710 | 6,665 |
United Parcel Service Inc. | 2.350% | 5/16/22 | 6,312 | 6,280 |
United Parcel Service Inc. | 2.450% | 10/1/22 | 6,810 | 6,784 |
7,758,227 | ||||
Utilities (1.2%) | ||||
Electric (1.1%) | ||||
Alabama Power Co. | 2.450% | 3/30/22 | 4,871 | 4,839 |
Ameren Corp. | 2.700% | 11/15/20 | 6,850 | 6,856 |
American Electric Power Co. Inc. | 2.150% | 11/13/20 | 3,040 | 3,026 |
33
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
American Electric Power Co. Inc. | 2.950% | 12/15/22 | 1,720 | 1,744 |
Appalachian Power Co. | 4.600% | 3/30/21 | 2,842 | 3,010 |
Arizona Public Service Co. | 8.750% | 3/1/19 | 3,010 | 3,225 |
Baltimore Gas & Electric Co. | 3.500% | 11/15/21 | 2,150 | 2,220 |
Berkshire Hathaway Energy Co. | 2.400% | 2/1/20 | 5,180 | 5,189 |
CenterPoint Energy Houston Electric LLC | 1.850% | 6/1/21 | 2,240 | 2,194 |
CenterPoint Energy Houston Electric LLC | 2.250% | 8/1/22 | 1,131 | 1,110 |
CenterPoint Energy Inc. | 2.500% | 9/1/22 | 3,750 | 3,686 |
CMS Energy Corp. | 8.750% | 6/15/19 | 1,835 | 1,993 |
CMS Energy Corp. | 6.250% | 2/1/20 | 1,200 | 1,290 |
CMS Energy Corp. | 5.050% | 3/15/22 | 3,575 | 3,876 |
Commonwealth Edison Co. | 2.150% | 1/15/19 | 4,375 | 4,365 |
Commonwealth Edison Co. | 4.000% | 8/1/20 | 4,151 | 4,310 |
Commonwealth Edison Co. | 3.400% | 9/1/21 | 3,000 | 3,084 |
Consolidated Edison Co. of New York Inc. | 6.650% | 4/1/19 | 3,550 | 3,740 |
Consolidated Edison Co. of New York Inc. | 4.450% | 6/15/20 | 851 | 893 |
Consolidated Edison Inc. | 2.000% | 3/15/20 | 4,335 | 4,294 |
Consolidated Edison Inc. | 2.000% | 5/15/21 | 4,930 | 4,852 |
Constellation Energy Group Inc. | 5.150% | 12/1/20 | 3,265 | 3,476 |
Consumers Energy Co. | 6.125% | 3/15/19 | 2,850 | 2,978 |
Consumers Energy Co. | 6.700% | 9/15/19 | 400 | 428 |
Consumers Energy Co. | 2.850% | 5/15/22 | 1,250 | 1,262 |
Dominion Energy Inc. | 1.875% | 1/15/19 | 2,810 | 2,802 |
Dominion Energy Inc. | 2.962% | 7/1/19 | 7,200 | 7,257 |
Dominion Energy Inc. | 1.600% | 8/15/19 | 1,000 | 989 |
Dominion Energy Inc. | 5.200% | 8/15/19 | 1,650 | 1,721 |
Dominion Energy Inc. | 2.500% | 12/1/19 | 7,900 | 7,920 |
Dominion Energy Inc. | 2.579% | 7/1/20 | 4,500 | 4,498 |
Dominion Energy Inc. | 4.450% | 3/15/21 | 6,539 | 6,901 |
Dominion Energy Inc. | 2.000% | 8/15/21 | 300 | 293 |
Dominion Energy Inc. | 2.750% | 1/15/22 | 2,700 | 2,702 |
Dominion Energy Inc. | 2.750% | 9/15/22 | 5,073 | 5,019 |
DTE Electric Co. | 3.450% | 10/1/20 | 2,155 | 2,216 |
DTE Energy Co. | 1.500% | 10/1/19 | 4,330 | 4,262 |
DTE Energy Co. | 2.400% | 12/1/19 | 3,150 | 3,148 |
DTE Energy Co. | 3.300% | 6/15/22 | 2,060 | 2,093 |
Duke Energy Carolinas LLC | 4.300% | 6/15/20 | 3,300 | 3,455 |
Duke Energy Carolinas LLC | 3.900% | 6/15/21 | 2,600 | 2,717 |
Duke Energy Corp. | 5.050% | 9/15/19 | 3,343 | 3,486 |
Duke Energy Corp. | 1.800% | 9/1/21 | 5,155 | 5,002 |
Duke Energy Corp. | 3.550% | 9/15/21 | 4,950 | 5,094 |
Duke Energy Corp. | 2.400% | 8/15/22 | 2,700 | 2,651 |
Duke Energy Corp. | 3.050% | 8/15/22 | 5,696 | 5,756 |
3 Duke Energy Florida LLC | 2.100% | 12/15/19 | 2,275 | 2,270 |
Duke Energy Florida LLC | 3.100% | 8/15/21 | 2,000 | 2,036 |
Duke Energy Indiana LLC | 3.750% | 7/15/20 | 3,989 | 4,122 |
Duke Energy Ohio Inc. | 5.450% | 4/1/19 | 3,743 | 3,889 |
Duke Energy Progress LLC | 5.300% | 1/15/19 | 5,505 | 5,683 |
Duke Energy Progress Llc | 3.000% | 9/15/21 | 2,265 | 2,308 |
Duke Energy Progress Llc | 2.800% | 5/15/22 | 4,866 | 4,905 |
Edison International | 2.125% | 4/15/20 | 2,900 | 2,873 |
Edison International | 2.400% | 9/15/22 | 3,250 | 3,155 |
Emera US Finance LP | 2.150% | 6/15/19 | 4,365 | 4,341 |
Emera US Finance LP | 2.700% | 6/15/21 | 7,350 | 7,308 |
Entergy Arkansas Inc. | 3.750% | 2/15/21 | 2,500 | 2,588 |
Entergy Corp. | 5.125% | 9/15/20 | 3,175 | 3,355 |
Entergy Corp. | 4.000% | 7/15/22 | 4,705 | 4,914 |
Entergy Gulf States Louisiana LLC | 3.950% | 10/1/20 | 500 | 519 |
Entergy Texas Inc. | 7.125% | 2/1/19 | 4,435 | 4,651 |
Eversource Energy | 4.500% | 11/15/19 | 2,425 | 2,514 |
Eversource Energy | 2.750% | 3/15/22 | 3,435 | 3,428 |
Exelon Corp. | 2.850% | 6/15/20 | 6,936 | 6,993 |
Exelon Corp. | 2.450% | 4/15/21 | 3,587 | 3,562 |
Exelon Corp. | 3.497% | 6/1/22 | 3,375 | 3,428 |
34
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Exelon Generation Co. LLC | 5.200% | 10/1/19 | 5,175 | 5,402 |
Exelon Generation Co. LLC | 2.950% | 1/15/20 | 7,335 | 7,409 |
Exelon Generation Co. LLC | 4.000% | 10/1/20 | 4,437 | 4,572 |
Exelon Generation Co. LLC | 3.400% | 3/15/22 | 4,350 | 4,429 |
Exelon Generation Co. LLC | 4.250% | 6/15/22 | 4,085 | 4,285 |
FirstEnergy Corp. | 2.850% | 7/15/22 | 4,350 | 4,298 |
Fortis Inc. | 2.100% | 10/4/21 | 7,993 | 7,796 |
Georgia Power Co. | 2.000% | 3/30/20 | 2,400 | 2,384 |
Georgia Power Co. | 2.000% | 9/8/20 | 3,850 | 3,827 |
Georgia Power Co. | 2.400% | 4/1/21 | 6,200 | 6,182 |
Georgia Power Co. | 2.850% | 5/15/22 | 1,000 | 1,004 |
Great Plains Energy Inc. | 4.850% | 6/1/21 | 3,200 | 3,377 |
Indiana Michigan Power Co. | 7.000% | 3/15/19 | 3,546 | 3,739 |
5 ITC Holdings Corp. | 2.700% | 11/15/22 | 3,936 | 3,923 |
Jersey Central Power & Light Co. | 7.350% | 2/1/19 | 75 | 79 |
Kansas City Power & Light Co. | 7.150% | 4/1/19 | 4,200 | 4,436 |
LG&E & KU Energy LLC | 3.750% | 11/15/20 | 6,770 | 6,984 |
LG&E & KU Energy LLC | 4.375% | 10/1/21 | 25 | 26 |
Metropolitan Edison Co. | 7.700% | 1/15/19 | 2,423 | 2,548 |
MidAmerican Energy Co. | 2.400% | 3/15/19 | 2,000 | 2,007 |
National Rural Utilities Cooperative Finance Corp. | 2.150% | 2/1/19 | 6,975 | 6,982 |
National Rural Utilities Cooperative Finance Corp. | 1.650% | 2/8/19 | 1,415 | 1,409 |
National Rural Utilities Cooperative Finance Corp. | 1.500% | 11/1/19 | 3,400 | 3,356 |
National Rural Utilities Cooperative Finance Corp. | 2.300% | 11/15/19 | 1,100 | 1,103 |
National Rural Utilities Cooperative Finance Corp. | 2.000% | 1/27/20 | 7,574 | 7,539 |
National Rural Utilities Cooperative Finance Corp. | 2.300% | 11/1/20 | 2,685 | 2,683 |
National Rural Utilities Cooperative Finance Corp. | 3.050% | 2/15/22 | 4,360 | 4,439 |
National Rural Utilities Cooperative Finance Corp. | 2.400% | 4/25/22 | 4,400 | 4,382 |
Nevada Power Co. | 7.125% | 3/15/19 | 3,470 | 3,667 |
NextEra Energy Capital Holdings Inc. | 2.300% | 4/1/19 | 6,060 | 6,054 |
NextEra Energy Capital Holdings Inc. | 2.400% | 9/15/19 | 3,280 | 3,282 |
NextEra Energy Capital Holdings Inc. | 2.700% | 9/15/19 | 5,850 | 5,895 |
NextEra Energy Capital Holdings Inc. | 4.500% | 6/1/21 | 3,525 | 3,716 |
NextEra Energy Capital Holdings Inc. | 2.800% | 1/15/23 | 3,730 | 3,727 |
Northern States Power Co. | 2.200% | 8/15/20 | 2,770 | 2,765 |
Ohio Power Co. | 5.375% | 10/1/21 | 575 | 633 |
Oncor Electric Delivery Co. LLC | 2.150% | 6/1/19 | 4,635 | 4,621 |
Oncor Electric Delivery Co. LLC | 4.100% | 6/1/22 | 1,025 | 1,079 |
Pacific Gas & Electric Co. | 3.500% | 10/1/20 | 7,010 | 7,189 |
Pacific Gas & Electric Co. | 4.250% | 5/15/21 | 2,940 | 3,087 |
Pacific Gas & Electric Co. | 2.450% | 8/15/22 | 1,825 | 1,782 |
PacifiCorp | 5.500% | 1/15/19 | 5,765 | 5,963 |
PacifiCorp | 3.850% | 6/15/21 | 2,710 | 2,826 |
PacifiCorp | 2.950% | 2/1/22 | 4,644 | 4,716 |
PECO Energy Co. | 1.700% | 9/15/21 | 2,145 | 2,084 |
Pennsylvania Electric Co. | 5.200% | 4/1/20 | 1,550 | 1,632 |
PG&E Corp. | 2.400% | 3/1/19 | 5,577 | 5,581 |
Pinnacle West Capital Corp. | 2.250% | 11/30/20 | 2,850 | 2,835 |
Portland General Electric Co. | 6.100% | 4/15/19 | 2,355 | 2,461 |
PPL Capital Funding Inc. | 4.200% | 6/15/22 | 25 | 26 |
PPL Capital Funding Inc. | 3.500% | 12/1/22 | 910 | 934 |
Progress Energy Inc. | 7.050% | 3/15/19 | 2,900 | 3,063 |
Progress Energy Inc. | 4.875% | 12/1/19 | 2,736 | 2,864 |
Progress Energy Inc. | 4.400% | 1/15/21 | 4,472 | 4,674 |
Progress Energy Inc. | 3.150% | 4/1/22 | 3,000 | 3,028 |
PSEG Power LLC | 5.125% | 4/15/20 | 3,037 | 3,200 |
PSEG Power LLC | 3.000% | 6/15/21 | 2,000 | 2,015 |
Public Service Co. of Colorado | 5.125% | 6/1/19 | 2,925 | 3,031 |
Public Service Co. of Colorado | 3.200% | 11/15/20 | 2,300 | 2,345 |
Public Service Co. of Oklahoma | 5.150% | 12/1/19 | 1,725 | 1,809 |
Public Service Electric & Gas Co. | 1.900% | 3/15/21 | 2,931 | 2,883 |
Public Service Enterprise Group Inc. | 1.600% | 11/15/19 | 4,300 | 4,233 |
Public Service Enterprise Group Inc. | 2.650% | 11/15/22 | 5,100 | 5,048 |
Puget Energy Inc. | 6.500% | 12/15/20 | 4,100 | 4,521 |
35
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Puget Energy Inc. | 6.000% | 9/1/21 | 3,500 | 3,875 |
Puget Energy Inc. | 5.625% | 7/15/22 | 3,250 | 3,582 |
San Diego Gas & Electric Co. | 3.000% | 8/15/21 | 2,597 | 2,637 |
SCANA Corp. | 4.750% | 5/15/21 | 3,200 | 3,313 |
Southern California Edison Co. | 3.875% | 6/1/21 | 3,760 | 3,911 |
3 Southern California Edison Co. | 1.845% | 2/1/22 | 2,639 | 2,580 |
Southern California Edison Co. | 2.400% | 2/1/22 | 1,000 | 991 |
Southern Co. | 1.850% | 7/1/19 | 7,290 | 7,248 |
Southern Co. | 2.150% | 9/1/19 | 3,675 | 3,654 |
Southern Co. | 2.750% | 6/15/20 | 6,430 | 6,474 |
Southern Co. | 2.350% | 7/1/21 | 9,003 | 8,960 |
3 Southern Co. | 5.500% | 3/15/57 | 2,250 | 2,379 |
Southern Power Co. | 1.950% | 12/15/19 | 4,602 | 4,565 |
Southern Power Co. | 2.375% | 6/1/20 | 2,000 | 1,991 |
Southern Power Co. | 2.500% | 12/15/21 | 3,500 | 3,467 |
Southwestern Electric Power Co. | 6.450% | 1/15/19 | 3,062 | 3,186 |
Tampa Electric Co. | 5.400% | 5/15/21 | 1,900 | 2,055 |
TECO Finance Inc. | 5.150% | 3/15/20 | 4,325 | 4,549 |
TransAlta Corp. | 4.500% | 11/15/22 | 3,700 | 3,757 |
Union Electric Co. | 6.700% | 2/1/19 | 2,025 | 2,118 |
Virginia Electric & Power Co. | 2.950% | 1/15/22 | 5,445 | 5,523 |
WEC Energy Group Inc. | 2.450% | 6/15/20 | 2,618 | 2,617 |
Wisconsin Electric Power Co. | 2.950% | 9/15/21 | 1,075 | 1,088 |
Xcel Energy Inc. | 4.700% | 5/15/20 | 5,335 | 5,567 |
Xcel Energy Inc. | 2.400% | 3/15/21 | 8,050 | 7,992 |
Xcel Energy Inc. | 2.600% | 3/15/22 | 2,200 | 2,195 |
Natural Gas (0.1%) | ||||
Atmos Energy Corp. | 8.500% | 3/15/19 | 108 | 116 |
CenterPoint Energy Resources Corp. | 4.500% | 1/15/21 | 3,209 | 3,354 |
NiSource Finance Corp. | 6.800% | 1/15/19 | 342 | 357 |
NiSource Finance Corp. | 5.450% | 9/15/20 | 1,100 | 1,176 |
NiSource Finance Corp. | 2.650% | 11/17/22 | 2,700 | 2,682 |
ONE Gas Inc. | 2.070% | 2/1/19 | 4,676 | 4,660 |
Sempra Energy | 9.800% | 2/15/19 | 3,661 | 3,952 |
Sempra Energy | 1.625% | 10/7/19 | 7,775 | 7,680 |
Sempra Energy | 2.400% | 3/15/20 | 3,318 | 3,319 |
Sempra Energy | 2.850% | 11/15/20 | 4,000 | 4,019 |
Sempra Energy | 2.875% | 10/1/22 | 4,004 | 3,976 |
Southern Co. Gas Capital Corp. | 5.250% | 8/15/19 | 225 | 235 |
Southern Co. Gas Capital Corp. | 3.500% | 9/15/21 | 2,127 | 2,170 |
604,603 | ||||
Total Corporate Bonds (Cost $14,152,932) | 14,117,791 | |||
Sovereign Bonds (7.8%) | ||||
African Development Bank | 1.125% | 3/4/19 | 6,115 | 6,054 |
African Development Bank | 1.000% | 5/15/19 | 3,300 | 3,255 |
African Development Bank | 1.375% | 2/12/20 | 4,650 | 4,587 |
African Development Bank | 1.875% | 3/16/20 | 17,043 | 16,985 |
African Development Bank | 1.250% | 7/26/21 | 14,110 | 13,620 |
African Development Bank | 2.375% | 9/23/21 | 8,250 | 8,285 |
African Development Bank | 2.125% | 11/16/22 | 23,000 | 22,664 |
Agricultural Bank of China Ltd. | 2.750% | 5/21/20 | 2,100 | 2,093 |
Asian Development Bank | 1.375% | 1/15/19 | 18,875 | 18,769 |
Asian Development Bank | 1.750% | 3/21/19 | 13,450 | 13,417 |
Asian Development Bank | 1.875% | 4/12/19 | 7,975 | 7,965 |
Asian Development Bank | 1.000% | 8/16/19 | 9,340 | 9,190 |
Asian Development Bank | 1.750% | 1/10/20 | 16,250 | 16,153 |
Asian Development Bank | 1.500% | 1/22/20 | 13,195 | 13,052 |
Asian Development Bank | 1.375% | 3/23/20 | 11,500 | 11,330 |
Asian Development Bank | 1.625% | 5/5/20 | 31,795 | 31,481 |
Asian Development Bank | 1.625% | 8/26/20 | 13,220 | 13,039 |
Asian Development Bank | 1.625% | 3/16/21 | 22,600 | 22,208 |
Asian Development Bank | 1.750% | 6/8/21 | 22,575 | 22,212 |
36
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Asian Development Bank | 2.125% | 11/24/21 | 7,300 | 7,227 |
Asian Development Bank | 2.000% | 2/16/22 | 21,200 | 20,972 |
Asian Development Bank | 1.875% | 2/18/22 | 23,250 | 22,773 |
Asian Development Bank | 1.875% | 8/10/22 | 19,765 | 19,311 |
Asian Development Bank | 1.750% | 9/13/22 | 24,500 | 23,786 |
Canada | 1.625% | 2/27/19 | 22,690 | 22,639 |
Canada | 2.000% | 11/15/22 | 22,000 | 21,693 |
CNOOC Finance 2015 Australia Pty Ltd. | 2.625% | 5/5/20 | 7,625 | 7,597 |
Corp. Andina de Fomento | 2.000% | 5/10/19 | 5,250 | 5,225 |
Corp. Andina de Fomento | 8.125% | 6/4/19 | 9,855 | 10,630 |
Corp. Andina de Fomento | 2.200% | 7/18/20 | 8,000 | 7,941 |
Corp. Andina de Fomento | 4.375% | 6/15/22 | 20,827 | 22,141 |
Council Of Europe Development Bank | 1.000% | 2/4/19 | 190 | 188 |
Council Of Europe Development Bank | 1.500% | 5/17/19 | 15,600 | 15,507 |
Council Of Europe Development Bank | 1.750% | 11/14/19 | 3,020 | 3,002 |
Council Of Europe Development Bank | 1.625% | 3/10/20 | 10,640 | 10,536 |
Council Of Europe Development Bank | 1.625% | 3/16/21 | 5,600 | 5,496 |
Ecopetrol SA | 7.625% | 7/23/19 | 10,880 | 11,670 |
European Bank for Reconstruction & Development | 1.750% | 6/14/19 | 8,745 | 8,715 |
European Bank for Reconstruction & Development | 0.875% | 7/22/19 | 17,800 | 17,433 |
European Bank for Reconstruction & Development | 1.750% | 11/26/19 | 8,500 | 8,449 |
European Bank for Reconstruction & Development | 1.500% | 3/16/20 | 7,650 | 7,558 |
European Bank for Reconstruction & Development | 1.125% | 8/24/20 | 80 | 78 |
European Bank for Reconstruction & Development | 2.000% | 2/1/21 | 23,142 | 22,999 |
European Bank for Reconstruction & Development | 1.875% | 7/15/21 | 14,300 | 14,168 |
European Bank for Reconstruction & Development | 1.500% | 11/2/21 | 9,750 | 9,473 |
European Bank for Reconstruction & Development | 1.875% | 2/23/22 | 8,775 | 8,637 |
European Investment Bank | 1.875% | 3/15/19 | 44,270 | 44,216 |
European Investment Bank | 1.250% | 5/15/19 | 17,920 | 17,745 |
European Investment Bank | 1.750% | 6/17/19 | 48,005 | 47,838 |
European Investment Bank | 1.125% | 8/15/19 | 54,500 | 53,768 |
European Investment Bank | 1.250% | 12/16/19 | 25,910 | 25,528 |
European Investment Bank | 1.625% | 3/16/20 | 15,900 | 15,747 |
European Investment Bank | 1.750% | 5/15/20 | 11,000 | 10,919 |
European Investment Bank | 1.375% | 6/15/20 | 25,270 | 24,829 |
European Investment Bank | 1.625% | 8/14/20 | 29,875 | 29,509 |
European Investment Bank | 2.875% | 9/15/20 | 4,500 | 4,585 |
European Investment Bank | 1.625% | 12/15/20 | 23,865 | 23,509 |
European Investment Bank | 4.000% | 2/16/21 | 13,770 | 14,513 |
European Investment Bank | 2.000% | 3/15/21 | 33,400 | 33,195 |
European Investment Bank | 2.500% | 4/15/21 | 26,925 | 27,129 |
European Investment Bank | 1.625% | 6/15/21 | 42,000 | 41,121 |
European Investment Bank | 1.375% | 9/15/21 | 17,125 | 16,575 |
European Investment Bank | 2.125% | 10/15/21 | 22,240 | 22,112 |
European Investment Bank | 2.250% | 3/15/22 | 25,700 | 25,613 |
European Investment Bank | 2.375% | 6/15/22 | 43,550 | 43,569 |
European Investment Bank | 2.250% | 8/15/22 | 26,545 | 26,424 |
European Investment Bank | 2.000% | 12/15/22 | 13,825 | 13,562 |
Export Development Canada | 1.250% | 2/4/19 | 7,550 | 7,496 |
5 Export Development Canada | 1.500% | 4/4/19 | 1,300 | 1,292 |
6 Export Development Canada | 1.750% | 8/19/19 | 6,800 | 6,777 |
Export Development Canada | 1.000% | 9/13/19 | 750 | 737 |
6 Export Development Canada | 1.625% | 12/3/19 | 12,450 | 12,362 |
Export Development Canada | 1.625% | 1/17/20 | 3,190 | 3,163 |
Export Development Canada | 1.625% | 6/1/20 | 3,000 | 2,937 |
Export Development Canada | 2.000% | 11/30/20 | 14,665 | 14,608 |
Export Development Canada | 1.500% | 5/26/21 | 18,800 | 18,363 |
Export Development Canada | 1.375% | 10/21/21 | 14,700 | 14,232 |
Export-Import Bank of Korea | 1.750% | 2/27/18 | 3,250 | 3,247 |
Export-Import Bank of Korea | 1.750% | 5/26/19 | 2,750 | 2,720 |
Export-Import Bank of Korea | 2.375% | 8/12/19 | 4,900 | 4,876 |
Export-Import Bank of Korea | 1.500% | 10/21/19 | 10,400 | 10,182 |
Export-Import Bank of Korea | 2.250% | 1/21/20 | 750 | 743 |
Export-Import Bank of Korea | 2.125% | 1/25/20 | 1,000 | 986 |
37
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Export-Import Bank of Korea | 5.125% | 6/29/20 | 7,400 | 7,798 |
Export-Import Bank of Korea | 2.500% | 11/1/20 | 700 | 692 |
Export-Import Bank of Korea | 2.625% | 12/30/20 | 6,250 | 6,189 |
Export-Import Bank of Korea | 4.000% | 1/29/21 | 12,484 | 12,861 |
Export-Import Bank of Korea | 2.125% | 2/11/21 | 5,300 | 5,169 |
Export-Import Bank of Korea | 2.500% | 5/10/21 | 4,000 | 3,941 |
Export-Import Bank of Korea | 4.375% | 9/15/21 | 9,800 | 10,267 |
Export-Import Bank of Korea | 1.875% | 10/21/21 | 8,000 | 7,672 |
Export-Import Bank of Korea | 5.000% | 4/11/22 | 7,050 | 7,589 |
Export-Import Bank of Korea | 3.000% | 11/1/22 | 6,500 | 6,470 |
FMS Wertmanagement AoeR | 1.000% | 8/16/19 | 22,000 | 21,646 |
7 FMS Wertmanagement AoeR | 1.750% | 1/24/20 | 15,000 | 14,909 |
FMS Wertmanagement AoeR | 1.750% | 3/17/20 | 8,500 | 8,439 |
FMS Wertmanagement AoeR | 1.375% | 6/8/21 | 1,800 | 1,748 |
FMS Wertmanagement AoeR | 2.000% | 8/1/22 | 14,935 | 14,713 |
Hydro-Quebec | 9.400% | 2/1/21 | 2,025 | 2,423 |
Hydro-Quebec | 8.400% | 1/15/22 | 4,825 | 5,829 |
Industrial & Commercial Bank of China Ltd. | 3.231% | 11/13/19 | 6,500 | 6,550 |
Industrial & Commercial Bank of China Ltd. | 2.635% | 5/26/21 | 5,000 | 4,939 |
Industrial & Commercial Bank of China Ltd. | 2.957% | 11/8/22 | 5,500 | 5,447 |
Inter-American Development Bank | 1.000% | 5/13/19 | 21,450 | 21,185 |
Inter-American Development Bank | 1.125% | 9/12/19 | 7,250 | 7,143 |
Inter-American Development Bank | 3.875% | 9/17/19 | 17,602 | 18,157 |
Inter-American Development Bank | 1.750% | 10/15/19 | 18,250 | 18,163 |
Inter-American Development Bank | 3.875% | 2/14/20 | 8,435 | 8,744 |
Inter-American Development Bank | 1.625% | 5/12/20 | 42,720 | 42,295 |
Inter-American Development Bank | 1.875% | 6/16/20 | 34,220 | 34,054 |
Inter-American Development Bank | 2.125% | 11/9/20 | 12,900 | 12,902 |
Inter-American Development Bank | 1.875% | 3/15/21 | 24,256 | 24,014 |
Inter-American Development Bank | 2.125% | 1/18/22 | 38,000 | 37,782 |
Inter-American Development Bank | 1.750% | 4/14/22 | 25,835 | 25,264 |
Inter-American Development Bank | 1.750% | 9/14/22 | 11,400 | 11,065 |
International Bank for Reconstruction & Development | 1.875% | 3/15/19 | 31,500 | 31,462 |
International Bank for Reconstruction & Development | 1.375% | 4/22/19 | 10,500 | 10,424 |
International Bank for Reconstruction & Development | 1.250% | 7/26/19 | 31,300 | 30,958 |
International Bank for Reconstruction & Development | 0.875% | 8/15/19 | 45,000 | 44,225 |
International Bank for Reconstruction & Development | 1.200% | 9/30/19 | 1,000 | 986 |
International Bank for Reconstruction & Development | 1.875% | 10/7/19 | 27,925 | 27,863 |
International Bank for Reconstruction & Development | 1.125% | 11/27/19 | 26,350 | 25,897 |
International Bank for Reconstruction & Development | 1.375% | 3/30/20 | 18,000 | 17,738 |
International Bank for Reconstruction & Development | 1.875% | 4/21/20 | 73,720 | 73,477 |
International Bank for Reconstruction & Development | 1.125% | 8/10/20 | 1,000 | 977 |
International Bank for Reconstruction & Development | 1.625% | 9/4/20 | 17,450 | 17,232 |
International Bank for Reconstruction & Development | 2.125% | 11/1/20 | 17,025 | 17,028 |
International Bank for Reconstruction & Development | 1.625% | 3/9/21 | 16,075 | 15,798 |
International Bank for Reconstruction & Development | 1.375% | 5/24/21 | 21,500 | 20,911 |
International Bank for Reconstruction & Development | 2.250% | 6/24/21 | 22,970 | 23,001 |
International Bank for Reconstruction & Development | 1.375% | 9/20/21 | 31,300 | 30,331 |
International Bank for Reconstruction & Development | 2.125% | 12/13/21 | 8,065 | 8,029 |
International Bank for Reconstruction & Development | 2.000% | 1/26/22 | 32,030 | 31,678 |
International Bank for Reconstruction & Development | 1.625% | 2/10/22 | 35,900 | 35,020 |
International Bank for Reconstruction & Development | 1.875% | 10/7/22 | 2,950 | 2,892 |
International Finance Corp. | 1.750% | 9/16/19 | 19,925 | 19,834 |
International Finance Corp. | 1.750% | 3/30/20 | 23,685 | 23,544 |
International Finance Corp. | 1.625% | 7/16/20 | 18,475 | 18,251 |
International Finance Corp. | 1.125% | 7/20/21 | 4,100 | 3,948 |
8 Japan Bank for International Cooperation | 2.125% | 2/7/19 | 8,050 | 8,041 |
8 Japan Bank for International Cooperation | 1.750% | 5/29/19 | 11,950 | 11,862 |
8 Japan Bank for International Cooperation | 2.250% | 2/24/20 | 9,000 | 8,978 |
8 Japan Bank for International Cooperation | 1.750% | 5/28/20 | 19,250 | 18,938 |
8 Japan Bank for International Cooperation | 2.125% | 6/1/20 | 12,000 | 11,926 |
8 Japan Bank for International Cooperation | 2.125% | 7/21/20 | 2,100 | 2,084 |
8 Japan Bank for International Cooperation | 2.125% | 11/16/20 | 26,440 | 26,226 |
8 Japan Bank for International Cooperation | 1.875% | 4/20/21 | 4,750 | 4,644 |
38
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
8 Japan Bank for International Cooperation | 1.500% | 7/21/21 | 15,700 | 15,152 |
8 Japan Bank for International Cooperation | 2.000% | 11/4/21 | 14,875 | 14,564 |
8 Japan Bank for International Cooperation | 2.500% | 6/1/22 | 10,825 | 10,774 |
8 Japan Bank for International Cooperation | 2.375% | 7/21/22 | 8,100 | 8,000 |
8 Japan Bank for International Cooperation | 2.375% | 11/16/22 | 6,260 | 6,180 |
8 Japan Finance Organization for Municipalities | 4.000% | 1/13/21 | 200 | 208 |
7 KFW | 1.500% | 2/6/19 | 37,075 | 36,894 |
7 KFW | 1.875% | 4/1/19 | 19,020 | 18,999 |
7 KFW | 4.875% | 6/17/19 | 25,885 | 26,957 |
7 KFW | 1.000% | 7/15/19 | 34,550 | 33,993 |
7 KFW | 1.500% | 9/9/19 | 28,200 | 27,957 |
7 KFW | 1.250% | 9/30/19 | 28,620 | 28,226 |
7 KFW | 1.750% | 10/15/19 | 12,250 | 12,190 |
7 KFW | 4.000% | 1/27/20 | 21,350 | 22,180 |
7 KFW | 1.750% | 3/31/20 | 8,850 | 8,784 |
7 KFW | 1.500% | 4/20/20 | 48,470 | 47,811 |
7 KFW | 1.625% | 5/29/20 | 33,125 | 32,758 |
7 KFW | 1.875% | 6/30/20 | 31,450 | 31,257 |
7 KFW | 2.750% | 9/8/20 | 25,475 | 25,891 |
7 KFW | 2.750% | 10/1/20 | 12,650 | 12,856 |
7 KFW | 1.875% | 11/30/20 | 1,625 | 1,611 |
7 KFW | 1.875% | 12/15/20 | 32,875 | 32,693 |
7 KFW | 1.625% | 3/15/21 | 23,650 | 23,214 |
7 KFW | 1.500% | 6/15/21 | 40,100 | 39,101 |
7 KFW | 2.375% | 8/25/21 | 18,000 | 18,069 |
7 KFW | 1.750% | 9/15/21 | 20,000 | 19,629 |
7 KFW | 2.000% | 11/30/21 | 48,000 | 47,474 |
7 KFW | 2.625% | 1/25/22 | 34,780 | 35,223 |
7 KFW | 2.125% | 3/7/22 | 38,225 | 37,952 |
7 KFW | 2.000% | 10/4/22 | 26,950 | 26,528 |
Korea Development Bank | 3.000% | 3/17/19 | 9,750 | 9,801 |
Korea Development Bank | 2.500% | 1/13/21 | 9,500 | 9,384 |
Korea Development Bank | 4.625% | 11/16/21 | 5,850 | 6,196 |
Korea Development Bank | 2.625% | 2/27/22 | 11,600 | 11,429 |
7 Landwirtschaftliche Rentenbank | 1.750% | 4/15/19 | 7,500 | 7,483 |
7 Landwirtschaftliche Rentenbank | 1.375% | 10/23/19 | 5,400 | 5,334 |
7 Landwirtschaftliche Rentenbank | 2.250% | 10/1/21 | 4,650 | 4,646 |
7 Landwirtschaftliche Rentenbank | 2.000% | 12/6/21 | 11,675 | 11,546 |
Nexen Energy ULC | 6.200% | 7/30/19 | 3,510 | 3,695 |
Nordic Investment Bank | 1.875% | 6/14/19 | 3,900 | 3,896 |
Nordic Investment Bank | 1.500% | 8/9/19 | 13,500 | 13,402 |
Nordic Investment Bank | 1.500% | 9/29/20 | 8,200 | 8,068 |
Nordic Investment Bank | 1.625% | 11/20/20 | 5,400 | 5,320 |
Nordic Investment Bank | 1.250% | 8/2/21 | 7,100 | 6,862 |
Nordic Investment Bank | 2.125% | 2/1/22 | 8,200 | 8,143 |
North American Development Bank | 4.375% | 2/11/20 | 675 | 703 |
North American Development Bank | 2.400% | 10/26/22 | 2,500 | 2,489 |
9 Oesterreichische Kontrollbank AG | 1.625% | 3/12/19 | 6,500 | 6,477 |
9 Oesterreichische Kontrollbank AG | 1.125% | 4/26/19 | 18,400 | 18,173 |
9 Oesterreichische Kontrollbank AG | 1.750% | 1/24/20 | 11,250 | 11,167 |
9 Oesterreichische Kontrollbank AG | 1.375% | 2/10/20 | 9,060 | 8,913 |
9 Oesterreichische Kontrollbank AG | 1.500% | 10/21/20 | 5,235 | 5,138 |
9 Oesterreichische Kontrollbank AG | 1.875% | 1/20/21 | 10,300 | 10,185 |
Petroleos Mexicanos | 5.500% | 2/4/19 | 16,800 | 17,337 |
Petroleos Mexicanos | 8.000% | 5/3/19 | 3,487 | 3,729 |
Petroleos Mexicanos | 6.000% | 3/5/20 | 6,500 | 6,912 |
Petroleos Mexicanos | 3.500% | 7/23/20 | 11,900 | 12,085 |
Petroleos Mexicanos | 5.500% | 1/21/21 | 15,960 | 17,011 |
Petroleos Mexicanos | 6.375% | 2/4/21 | 23,350 | 25,429 |
Petroleos Mexicanos | 4.875% | 1/24/22 | 13,575 | 14,158 |
5 Petroleos Mexicanos | 5.375% | 3/13/22 | 7,330 | 7,792 |
Province of Alberta | 1.900% | 12/6/19 | 22,175 | 22,044 |
Province of Alberta | 2.200% | 7/26/22 | 12,750 | 12,567 |
Province of British Columbia | 2.650% | 9/22/21 | 3,200 | 3,233 |
39
Vanguard® Short-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Province of British Columbia | 2.000% | 10/23/22 | 500 | 490 |
Province of Manitoba | 1.750% | 5/30/19 | 5,725 | 5,692 |
Province of Manitoba | 9.250% | 4/1/20 | 1,500 | 1,712 |
Province of Manitoba | 2.050% | 11/30/20 | 9,700 | 9,619 |
Province of Manitoba | 2.100% | 9/6/22 | 475 | 465 |
Province of New Brunswick | 2.500% | 12/12/22 | 3,500 | 3,488 |
Province of Ontario | 1.625% | 1/18/19 | 34,640 | 34,520 |
Province of Ontario | 2.000% | 1/30/19 | 19,085 | 19,090 |
Province of Ontario | 1.250% | 6/17/19 | 13,250 | 13,089 |
Province of Ontario | 1.650% | 9/27/19 | 17,325 | 17,180 |
Province of Ontario | 4.000% | 10/7/19 | 12,850 | 13,255 |
Province of Ontario | 4.400% | 4/14/20 | 2,675 | 2,803 |
Province of Ontario | 1.875% | 5/21/20 | 8,075 | 8,007 |
Province of Ontario | 2.500% | 9/10/21 | 13,500 | 13,524 |
Province of Ontario | 2.400% | 2/8/22 | 10,200 | 10,166 |
Province of Ontario | 2.250% | 5/18/22 | 33,000 | 32,654 |
Province of Ontario | 2.450% | 6/29/22 | 12,650 | 12,610 |
Province of Ontario | 2.200% | 10/3/22 | 1,225 | 1,207 |
Province of Quebec | 3.500% | 7/29/20 | 4,713 | 4,862 |
Province of Quebec | 2.750% | 8/25/21 | 22,625 | 22,864 |
Province of Quebec | 2.375% | 1/31/22 | 16,000 | 15,950 |
Republic of Chile | 3.875% | 8/5/20 | 11,623 | 12,124 |
Republic of Chile | 3.250% | 9/14/21 | 6,499 | 6,690 |
Republic of Colombia | 7.375% | 3/18/19 | 8,435 | 8,934 |
Republic of Colombia | 11.750% | 2/25/20 | 4,592 | 5,480 |
Republic of Colombia | 4.375% | 7/12/21 | 21,842 | 23,021 |
Republic of Hungary | 4.000% | 3/25/19 | 2,794 | 2,854 |
Republic of Hungary | 6.250% | 1/29/20 | 21,662 | 23,206 |
Republic of Hungary | 6.375% | 3/29/21 | 34,370 | 38,194 |
Republic of Korea | 7.125% | 4/16/19 | 15,350 | 16,254 |
Republic of Panama | 5.200% | 1/30/20 | 32,095 | 33,820 |
Republic of Peru | 7.125% | 3/30/19 | 2,340 | 2,492 |
Republic of Poland | 6.375% | 7/15/19 | 31,438 | 33,331 |
Republic of Poland | 5.125% | 4/21/21 | 11,965 | 12,952 |
Republic of Poland | 5.000% | 3/23/22 | 28,651 | 31,373 |
Republic of the Philippines | 9.875% | 1/15/19 | 6,650 | 7,191 |
Republic of the Philippines | 8.375% | 6/17/19 | 13,575 | 14,831 |
Republic of the Philippines | 6.500% | 1/20/20 | 50 | 54 |
Republic of the Philippines | 4.000% | 1/15/21 | 3,250 | 3,409 |
State of Israel | 5.125% | 3/26/19 | 14,405 | 14,916 |
State of Israel | 4.000% | 6/30/22 | 12,075 | 12,780 |
Statoil ASA | 2.250% | 11/8/19 | 9,947 | 9,949 |
Statoil ASA | 2.900% | 11/8/20 | 8,325 | 8,441 |
Statoil ASA | 2.750% | 11/10/21 | 3,000 | 3,031 |
Statoil ASA | 3.150% | 1/23/22 | 14,855 | 15,217 |
Svensk Exportkredit AB | 1.250% | 4/12/19 | 15,500 | 15,348 |
Svensk Exportkredit AB | 1.875% | 6/17/19 | 13,100 | 13,070 |
Svensk Exportkredit AB | 1.125% | 8/28/19 | 7,700 | 7,576 |
Svensk Exportkredit AB | 1.750% | 5/18/20 | 12,420 | 12,297 |
Svensk Exportkredit AB | 1.875% | 6/23/20 | 10,250 | 10,173 |
Svensk Exportkredit AB | 1.750% | 3/10/21 | 8,500 | 8,364 |
Svensk Exportkredit AB | 2.375% | 3/9/22 | 750 | 750 |
Svensk Exportkredit AB | 2.000% | 8/30/22 | 7,900 | 7,743 |
United Mexican States | 3.500% | 1/21/21 | 6,234 | 6,448 |
United Mexican States | 3.625% | 3/15/22 | 33,375 | 34,613 |
Total Sovereign Bonds (Cost $4,057,468) | 4,023,237 | |||
Taxable Municipal Bonds (0.1%) | ||||
California GO | 6.200% | 3/1/19 | 500 | 524 |
California GO | 6.200% | 10/1/19 | 3,725 | 3,992 |
California GO | 5.700% | 11/1/21 | 5,330 | 5,943 |
California GO | 2.367% | 4/1/22 | 1,000 | 997 |
Emory University Georgia GO | 5.625% | 9/1/19 | 1,605 | 1,684 |
40
Vanguard® Short-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
Energy Northwest Washington Electric Revenue | |||||
(Columbia Generating Station) | 2.197% | 7/1/19 | 1,650 | 1,651 | |
Florida Board of Administration Finance Corp Revenue | 2.163% | 7/1/19 | 7,000 | 6,985 | |
Florida Board of Administration Finance Corp Revenue | 2.638% | 7/1/21 | 4,500 | 4,505 | |
Florida Hurricane Catastrophe Fund Finance Corp. | |||||
Revenue | 2.995% | 7/1/20 | 8,995 | 9,113 | |
Illinois GO | 5.877% | 3/1/19 | 3,980 | 4,104 | |
Massachusetts GO | 4.200% | 12/1/21 | 2,500 | 2,622 | |
10 | New Jersey Economic Development Authority Lease | ||||
Revenue | 0.000% | 2/15/22 | 5,000 | 4,378 | |
10 | New Jersey Economic Development Authority | ||||
Revenue | 0.000% | 2/15/20 | 1,350 | 1,269 | |
New York State Urban Development Corp. Revenue | 2.100% | 3/15/22 | 1,545 | 1,538 | |
Princeton University New Jersey GO | 4.950% | 3/1/19 | 5,720 | 5,900 | |
Stanford University California GO | 4.750% | 5/1/19 | 1,150 | 1,189 | |
University of California Revenue | 1.796% | 7/1/19 | 5,220 | 5,201 | |
Total Taxable Municipal Bonds (Cost $61,735) | 61,595 | ||||
Shares | |||||
Temporary Cash Investment (2.0%) | |||||
Money Market Fund (2.0%) | |||||
11 | Vanguard Market Liquidity Fund (Cost | ||||
$1,025,823) | 1.458% | 10,257,266 | 1,025,829 | ||
Total Investments (101.2%) (Cost $52,694,709) | 52,207,445 | ||||
Other Assets and Liabilities—Net (-1.2%) | (614,616) | ||||
Net Assets (100%) | 51,592,829 |
1 U.S. government-guaranteed.
2 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S. Treasury nor backed by the full
faith and credit of the U.S. government.
3 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and
prepayments or the possibility of the issue being called.
4 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal
Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior
preferred stock.
5 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from
registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value of these securities was $318,092,000,
representing 0.6% of net assets.
6 Guaranteed by the Government of Canada.
7 Guaranteed by the Federal Republic of Germany.
8 Guaranteed by the Government of Japan.
9 Guaranteed by the Republic of Austria.
10 Scheduled principal and interest payments are guaranteed by AGM (Assured Guaranty Municipal Corporation).
11 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day
yield.
GO—General Obligation Bond.
REIT—Real Estate Investment Trust.
41
Vanguard® Intermediate-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
U.S. Government and Agency Obligations (52.0%) | |||||
U.S. Government Securities (51.1%) | |||||
United States Treasury Note/Bond | 1.750% | 1/31/23 | 37,525 | 36,687 | |
United States Treasury Note/Bond | 2.000% | 2/15/23 | 159,525 | 157,855 | |
United States Treasury Note/Bond | 7.125% | 2/15/23 | 25,000 | 30,890 | |
United States Treasury Note/Bond | 1.500% | 2/28/23 | 155,120 | 149,666 | |
United States Treasury Note/Bond | 1.500% | 3/31/23 | 281,205 | 271,056 | |
United States Treasury Note/Bond | 1.625% | 4/30/23 | 69,135 | 67,018 | |
United States Treasury Note/Bond | 1.750% | 5/15/23 | 885,625 | 863,759 | |
United States Treasury Note/Bond | 1.625% | 5/31/23 | 262,300 | 254,022 | |
United States Treasury Note/Bond | 1.375% | 6/30/23 | 145,120 | 138,590 | |
United States Treasury Note/Bond | 1.250% | 7/31/23 | 424,150 | 401,882 | |
United States Treasury Note/Bond | 2.500% | 8/15/23 | 740,860 | 751,047 | |
United States Treasury Note/Bond | 6.250% | 8/15/23 | 76,500 | 92,612 | |
United States Treasury Note/Bond | 1.375% | 8/31/23 | 390,125 | 371,898 | |
United States Treasury Note/Bond | 1.375% | 9/30/23 | 202,400 | 192,754 | |
United States Treasury Note/Bond | 1.625% | 10/31/23 | 28,105 | 27,130 | |
United States Treasury Note/Bond | 2.750% | 11/15/23 | 694,667 | 713,340 | |
United States Treasury Note/Bond | 2.125% | 11/30/23 | 358,340 | 355,430 | |
United States Treasury Note/Bond | 2.250% | 12/31/23 | 114,925 | 114,673 | |
United States Treasury Note/Bond | 2.250% | 1/31/24 | 124,195 | 123,904 | |
United States Treasury Note/Bond | 2.750% | 2/15/24 | 332,773 | 341,455 | |
United States Treasury Note/Bond | 2.125% | 2/29/24 | 858,570 | 849,984 | |
United States Treasury Note/Bond | 2.125% | 3/31/24 | 310,775 | 307,571 | |
United States Treasury Note/Bond | 2.000% | 4/30/24 | 127,010 | 124,709 | |
United States Treasury Note/Bond | 2.500% | 5/15/24 | 678,624 | 686,259 | |
United States Treasury Note/Bond | 2.000% | 5/31/24 | 350,350 | 343,725 | |
United States Treasury Note/Bond | 2.000% | 6/30/24 | 332,240 | 325,698 | |
United States Treasury Note/Bond | 2.125% | 7/31/24 | 187,650 | 185,393 | |
United States Treasury Note/Bond | 2.375% | 8/15/24 | 452,781 | 454,053 | |
United States Treasury Note/Bond | 1.875% | 8/31/24 | 243,078 | 236,469 | |
United States Treasury Note/Bond | 2.125% | 9/30/24 | 515,645 | 509,117 | |
United States Treasury Note/Bond | 2.250% | 10/31/24 | 87,120 | 86,670 | |
United States Treasury Note/Bond | 2.250% | 11/15/24 | 414,024 | 411,759 | |
United States Treasury Note/Bond | 2.125% | 11/30/24 | 454,400 | 448,366 | |
United States Treasury Note/Bond | 2.250% | 12/31/24 | 165,000 | 164,052 | |
United States Treasury Note/Bond | 2.000% | 2/15/25 | 458,951 | 448,551 | |
United States Treasury Note/Bond | 2.125% | 5/15/25 | 591,160 | 582,015 | |
United States Treasury Note/Bond | 2.000% | 8/15/25 | 594,527 | 579,295 | |
United States Treasury Note/Bond | 2.250% | 11/15/25 | 661,942 | 655,945 | |
United States Treasury Note/Bond | 1.625% | 2/15/26 | 653,299 | 616,753 | |
United States Treasury Note/Bond | 1.625% | 5/15/26 | 679,848 | 640,335 | |
United States Treasury Note/Bond | 1.500% | 8/15/26 | 595,211 | 553,546 | |
United States Treasury Note/Bond | 2.000% | 11/15/26 | 615,297 | 595,300 | |
United States Treasury Note/Bond | 2.250% | 2/15/27 | 629,090 | 620,635 | |
United States Treasury Note/Bond | 2.375% | 5/15/27 | 694,967 | 692,903 | |
United States Treasury Note/Bond | 2.250% | 8/15/27 | 575,586 | 567,309 | |
United States Treasury Note/Bond | 2.250% | 11/15/27 | 710,698 | 700,478 | |
17,842,558 | |||||
Agency Bonds and Notes (0.9%) | |||||
1 | AID-Israel | 5.500% | 9/18/23 | 4,300 | 4,999 |
1 | AID-Israel | 5.500% | 12/4/23 | 8,000 | 9,342 |
1 | AID-Israel | 5.500% | 4/26/24 | 12,058 | 14,174 |
1 | AID-Jordan | 3.000% | 6/30/25 | 4,675 | 4,797 |
2 | Federal Farm Credit Banks | 3.500% | 12/20/23 | 4,250 | 4,513 |
2 | Federal Home Loan Banks | 2.125% | 3/10/23 | 8,950 | 8,869 |
2 | Federal Home Loan Banks | 2.875% | 6/14/24 | 20,000 | 20,528 |
2 | Federal Home Loan Banks | 5.375% | 8/15/24 | 100 | 118 |
2 | Federal Home Loan Banks | 2.875% | 9/13/24 | 20,000 | 20,509 |
3 | Federal National Mortgage Assn. | 2.625% | 9/6/24 | 112,020 | 113,426 |
3 | Federal National Mortgage Assn. | 2.125% | 4/24/26 | 23,500 | 22,765 |
3 | Federal National Mortgage Assn. | 1.875% | 9/24/26 | 24,300 | 22,924 |
Private Export Funding Corp. | 2.800% | 5/15/22 | 3,725 | 3,793 |
42
Vanguard® Intermediate-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
Private Export Funding Corp. | 2.050% | 11/15/22 | 10,276 | 10,119 | |
Private Export Funding Corp. | 3.550% | 1/15/24 | 3,500 | 3,715 | |
Private Export Funding Corp. | 2.450% | 7/15/24 | 3,350 | 3,334 | |
Private Export Funding Corp. | 3.250% | 6/15/25 | 1,675 | 1,745 | |
2 | Tennessee Valley Authority | 2.875% | 9/15/24 | 7,875 | 8,051 |
2 | Tennessee Valley Authority | 6.750% | 11/1/25 | 6,830 | 8,801 |
2 | Tennessee Valley Authority | 2.875% | 2/1/27 | 12,000 | 12,212 |
298,734 | |||||
Total U.S. Government and Agency Obligations (Cost $18,446,380) | 18,141,292 | ||||
Corporate Bonds (41.5%) | |||||
Finance (14.8%) | |||||
Banking (10.2%) | |||||
American Express Co. | 3.000% | 10/30/24 | 14,760 | 14,723 | |
American Express Co. | 3.625% | 12/5/24 | 6,505 | 6,687 | |
American Express Credit Corp. | 3.300% | 5/3/27 | 19,287 | 19,471 | |
Australia & New Zealand Banking Group Ltd. | 3.700% | 11/16/25 | 7,125 | 7,485 | |
Banco Santander SA | 3.125% | 2/23/23 | 5,600 | 5,566 | |
Banco Santander SA | 4.250% | 4/11/27 | 10,750 | 11,138 | |
Bank of America Corp. | 3.300% | 1/11/23 | 38,335 | 39,223 | |
Bank of America Corp. | 4.100% | 7/24/23 | 18,989 | 20,148 | |
Bank of America Corp. | 4.125% | 1/22/24 | 21,376 | 22,692 | |
Bank of America Corp. | 4.000% | 4/1/24 | 12,784 | 13,511 | |
Bank of America Corp. | 4.200% | 8/26/24 | 28,561 | 29,954 | |
Bank of America Corp. | 4.000% | 1/22/25 | 32,404 | 33,708 | |
Bank of America Corp. | 3.950% | 4/21/25 | 21,732 | 22,463 | |
4 | Bank of America Corp. | 3.093% | 10/1/25 | 16,675 | 16,554 |
Bank of America Corp. | 4.450% | 3/3/26 | 32,045 | 34,203 | |
Bank of America Corp. | 3.500% | 4/19/26 | 23,758 | 24,283 | |
Bank of America Corp. | 4.250% | 10/22/26 | 21,623 | 22,717 | |
Bank of America Corp. | 3.248% | 10/21/27 | 23,050 | 22,770 | |
Bank of America Corp. | 4.183% | 11/25/27 | 15,130 | 15,802 | |
4 | Bank of America Corp. | 3.824% | 1/20/28 | 21,875 | 22,567 |
4 | Bank of America Corp. | 3.705% | 4/24/28 | 17,918 | 18,330 |
4 | Bank of America Corp. | 3.593% | 7/21/28 | 21,775 | 22,036 |
4,5 | Bank of America Corp. | 3.419% | 12/20/28 | 69,166 | 69,018 |
4 | Bank of Montreal | 3.803% | 12/15/32 | 12,800 | 12,776 |
Bank of New York Mellon Corp. | 2.200% | 8/16/23 | 12,820 | 12,415 | |
Bank of New York Mellon Corp. | 3.650% | 2/4/24 | 548 | 573 | |
Bank of New York Mellon Corp. | 3.400% | 5/15/24 | 6,375 | 6,581 | |
Bank of New York Mellon Corp. | 3.250% | 9/11/24 | 9,031 | 9,190 | |
Bank of New York Mellon Corp. | 3.000% | 2/24/25 | 8,778 | 8,747 | |
Bank of New York Mellon Corp. | 2.800% | 5/4/26 | 3,410 | 3,324 | |
Bank of New York Mellon Corp. | 2.450% | 8/17/26 | 8,480 | 8,032 | |
Bank of New York Mellon Corp. | 3.250% | 5/16/27 | 8,260 | 8,335 | |
4 | Bank of New York Mellon Corp. | 3.442% | 2/7/28 | 8,000 | 8,161 |
Bank of Nova Scotia | 4.500% | 12/16/25 | 11,675 | 12,285 | |
Bank One Corp. | 8.000% | 4/29/27 | 7,085 | 9,452 | |
Barclays plc | 3.684% | 1/10/23 | 15,390 | 15,608 | |
Barclays plc | 4.375% | 9/11/24 | 14,565 | 14,938 | |
Barclays plc | 3.650% | 3/16/25 | 16,940 | 16,935 | |
Barclays plc | 4.375% | 1/12/26 | 26,789 | 27,875 | |
Barclays plc | 5.200% | 5/12/26 | 16,675 | 17,790 | |
BB&T Corp. | 2.850% | 10/26/24 | 8,900 | 8,805 | |
BNP Paribas SA | 3.250% | 3/3/23 | 10,849 | 11,043 | |
BNP Paribas SA | 4.250% | 10/15/24 | 6,950 | 7,320 | |
BPCE SA | 4.000% | 4/15/24 | 16,370 | 17,296 | |
BPCE SA | 3.375% | 12/2/26 | 3,250 | 3,290 | |
Branch Banking & Trust Co. | 3.625% | 9/16/25 | 16,020 | 16,527 | |
Branch Banking & Trust Co. | 3.800% | 10/30/26 | 750 | 783 | |
Capital One Bank USA NA | 3.375% | 2/15/23 | 13,443 | 13,577 | |
Capital One Financial Corp. | 3.500% | 6/15/23 | 8,880 | 9,025 | |
Capital One Financial Corp. | 3.750% | 4/24/24 | 8,175 | 8,397 |
43
Vanguard® Intermediate-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
Capital One Financial Corp. | 3.300% | 10/30/24 | 13,525 | 13,448 | |
Capital One Financial Corp. | 3.200% | 2/5/25 | 11,211 | 11,081 | |
Capital One Financial Corp. | 4.200% | 10/29/25 | 12,325 | 12,674 | |
Capital One Financial Corp. | 3.750% | 7/28/26 | 15,895 | 15,786 | |
Capital One Financial Corp. | 3.750% | 3/9/27 | 7,875 | 7,927 | |
4,5 | Citicorp Lease Pass-Through Trust 1999-1 | 8.040% | 12/15/19 | 1,563 | 1,718 |
Citigroup Inc. | 3.375% | 3/1/23 | 900 | 912 | |
Citigroup Inc. | 3.500% | 5/15/23 | 15,115 | 15,342 | |
Citigroup Inc. | 3.875% | 10/25/23 | 9,901 | 10,273 | |
Citigroup Inc. | 3.750% | 6/16/24 | 8,729 | 9,020 | |
Citigroup Inc. | 4.000% | 8/5/24 | 6,530 | 6,793 | |
Citigroup Inc. | 3.875% | 3/26/25 | 9,820 | 10,050 | |
Citigroup Inc. | 3.300% | 4/27/25 | 9,148 | 9,198 | |
Citigroup Inc. | 4.400% | 6/10/25 | 36,651 | 38,611 | |
Citigroup Inc. | 5.500% | 9/13/25 | 5,165 | 5,806 | |
Citigroup Inc. | 3.700% | 1/12/26 | 23,822 | 24,464 | |
Citigroup Inc. | 4.600% | 3/9/26 | 14,625 | 15,510 | |
Citigroup Inc. | 3.400% | 5/1/26 | 7,127 | 7,145 | |
Citigroup Inc. | 3.200% | 10/21/26 | 31,447 | 31,126 | |
Citigroup Inc. | 4.300% | 11/20/26 | 8,975 | 9,355 | |
Citigroup Inc. | 4.450% | 9/29/27 | 30,371 | 32,029 | |
4 | Citigroup Inc. | 3.887% | 1/10/28 | 22,435 | 23,111 |
4 | Citigroup Inc. | 3.668% | 7/24/28 | 28,450 | 28,802 |
4 | Citigroup Inc. | 3.520% | 10/27/28 | 20,500 | 20,562 |
Citizens Financial Group Inc. | 4.350% | 8/1/25 | 20 | 21 | |
Citizens Financial Group Inc. | 4.300% | 12/3/25 | 5,200 | 5,423 | |
Comerica Bank | 4.000% | 7/27/25 | 1,925 | 1,994 | |
Compass Bank | 3.875% | 4/10/25 | 2,150 | 2,146 | |
Cooperatieve Rabobank UA | 4.625% | 12/1/23 | 18,409 | 19,684 | |
Cooperatieve Rabobank UA | 3.375% | 5/21/25 | 15,950 | 16,360 | |
Cooperatieve Rabobank UA | 4.375% | 8/4/25 | 10,918 | 11,516 | |
Cooperatieve Rabobank UA | 3.750% | 7/21/26 | 10,370 | 10,480 | |
Credit Suisse AG | 3.625% | 9/9/24 | 28,099 | 29,009 | |
5 | Credit Suisse Group AG | 3.574% | 1/9/23 | 7,000 | 7,106 |
5 | Credit Suisse Group AG | 4.282% | 1/9/28 | 6,000 | 6,237 |
Credit Suisse Group Funding Guernsey Ltd. | 3.800% | 6/9/23 | 17,130 | 17,609 | |
Credit Suisse Group Funding Guernsey Ltd. | 3.750% | 3/26/25 | 15,997 | 16,286 | |
Credit Suisse Group Funding Guernsey Ltd. | 4.550% | 4/17/26 | 17,975 | 19,183 | |
Deutsche Bank AG | 3.700% | 5/30/24 | 13,680 | 13,754 | |
Deutsche Bank AG | 4.100% | 1/13/26 | 6,540 | 6,653 | |
Discover Bank | 4.200% | 8/8/23 | 11,568 | 12,167 | |
Discover Bank | 4.250% | 3/13/26 | 2,100 | 2,188 | |
Discover Bank | 3.450% | 7/27/26 | 10,735 | 10,590 | |
Discover Financial Services | 3.950% | 11/6/24 | 1,550 | 1,581 | |
Discover Financial Services | 3.750% | 3/4/25 | 5,395 | 5,427 | |
Discover Financial Services | 4.100% | 2/9/27 | 8,400 | 8,572 | |
Fifth Third Bancorp | 4.300% | 1/16/24 | 6,000 | 6,341 | |
Fifth Third Bank | 3.850% | 3/15/26 | 8,140 | 8,401 | |
FirstMerit Bank NA | 4.270% | 11/25/26 | 1,225 | 1,277 | |
FirstMerit Corp. | 4.350% | 2/4/23 | 4,420 | 4,608 | |
Goldman Sachs Group Inc. | 3.625% | 1/22/23 | 17,715 | 18,220 | |
Goldman Sachs Group Inc. | 4.000% | 3/3/24 | 27,138 | 28,429 | |
Goldman Sachs Group Inc. | 3.850% | 7/8/24 | 28,670 | 29,697 | |
Goldman Sachs Group Inc. | 3.500% | 1/23/25 | 39,975 | 40,473 | |
Goldman Sachs Group Inc. | 3.750% | 5/22/25 | 4,202 | 4,315 | |
4 | Goldman Sachs Group Inc. | 3.272% | 9/29/25 | 25,025 | 24,830 |
Goldman Sachs Group Inc. | 4.250% | 10/21/25 | 24,715 | 25,739 | |
Goldman Sachs Group Inc. | 3.750% | 2/25/26 | 18,115 | 18,583 | |
Goldman Sachs Group Inc. | 3.500% | 11/16/26 | 23,050 | 23,112 | |
Goldman Sachs Group Inc. | 5.950% | 1/15/27 | 7,200 | 8,383 | |
Goldman Sachs Group Inc. | 3.850% | 1/26/27 | 28,222 | 28,921 | |
4 | Goldman Sachs Group Inc. | 3.691% | 6/5/28 | 22,000 | 22,309 |
HSBC Holdings plc | 3.600% | 5/25/23 | 22,200 | 22,842 | |
HSBC Holdings plc | 4.250% | 3/14/24 | 20,900 | 21,772 |
44
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
HSBC Holdings plc | 4.250% | 8/18/25 | 15,180 | 15,756 |
HSBC Holdings plc | 4.300% | 3/8/26 | 31,935 | 33,914 |
HSBC Holdings plc | 3.900% | 5/25/26 | 24,620 | 25,467 |
HSBC Holdings plc | 4.375% | 11/23/26 | 15,960 | 16,653 |
4 HSBC Holdings plc | 4.041% | 3/13/28 | 14,700 | 15,302 |
HSBC USA Inc. | 3.500% | 6/23/24 | 5,745 | 5,894 |
ING Groep NV | 3.950% | 3/29/27 | 13,775 | 14,355 |
Intesa Sanpaolo SPA | 5.250% | 1/12/24 | 8,859 | 9,662 |
JPMorgan Chase & Co. | 2.972% | 1/15/23 | 19,870 | 19,952 |
JPMorgan Chase & Co. | 3.200% | 1/25/23 | 26,373 | 26,814 |
JPMorgan Chase & Co. | 3.375% | 5/1/23 | 18,033 | 18,335 |
JPMorgan Chase & Co. | 2.700% | 5/18/23 | 19,100 | 18,975 |
JPMorgan Chase & Co. | 3.875% | 2/1/24 | 20,460 | 21,419 |
JPMorgan Chase & Co. | 3.625% | 5/13/24 | 20,692 | 21,442 |
JPMorgan Chase & Co. | 3.875% | 9/10/24 | 27,490 | 28,540 |
JPMorgan Chase & Co. | 3.125% | 1/23/25 | 26,460 | 26,561 |
4 JPMorgan Chase & Co. | 3.220% | 3/1/25 | 17,562 | 17,616 |
JPMorgan Chase & Co. | 3.900% | 7/15/25 | 21,610 | 22,565 |
JPMorgan Chase & Co. | 3.300% | 4/1/26 | 42,310 | 42,478 |
JPMorgan Chase & Co. | 3.200% | 6/15/26 | 17,201 | 17,119 |
JPMorgan Chase & Co. | 2.950% | 10/1/26 | 6,732 | 6,610 |
JPMorgan Chase & Co. | 4.125% | 12/15/26 | 21,750 | 22,933 |
JPMorgan Chase & Co. | 4.250% | 10/1/27 | 14,000 | 14,843 |
4 JPMorgan Chase & Co. | 3.782% | 2/1/28 | 12,350 | 12,780 |
4 JPMorgan Chase & Co. | 3.540% | 5/1/28 | 22,725 | 23,041 |
KeyBank NA | 3.300% | 6/1/25 | 3,000 | 3,046 |
KeyBank NA | 3.400% | 5/20/26 | 7,450 | 7,426 |
Lloyds Banking Group plc | 4.500% | 11/4/24 | 11,335 | 11,882 |
Lloyds Banking Group plc | 4.582% | 12/10/25 | 20,965 | 21,897 |
Lloyds Banking Group plc | 4.650% | 3/24/26 | 6,770 | 7,122 |
Lloyds Banking Group plc | 3.750% | 1/11/27 | 11,335 | 11,487 |
4 Lloyds Banking Group plc | 3.574% | 11/7/28 | 11,000 | 10,900 |
Manufacturers & Traders Trust Co. | 2.900% | 2/6/25 | 6,755 | 6,710 |
Manufacturers & Traders Trust Co. | 3.400% | 8/17/27 | 6,200 | 6,269 |
Mitsubishi UFJ Financial Group Inc. | 2.527% | 9/13/23 | 5,700 | 5,538 |
Mitsubishi UFJ Financial Group Inc. | 3.850% | 3/1/26 | 25,255 | 26,123 |
Mitsubishi UFJ Financial Group Inc. | 2.757% | 9/13/26 | 11,000 | 10,500 |
Mitsubishi UFJ Financial Group Inc. | 3.677% | 2/22/27 | 13,060 | 13,368 |
Mitsubishi UFJ Financial Group Inc. | 3.287% | 7/25/27 | 18,500 | 18,264 |
Mizuho Financial Group Inc. | 2.839% | 9/13/26 | 7,000 | 6,725 |
Mizuho Financial Group Inc. | 3.663% | 2/28/27 | 2,750 | 2,814 |
Mizuho Financial Group Inc. | 3.170% | 9/11/27 | 10,000 | 9,808 |
Morgan Stanley | 3.750% | 2/25/23 | 23,133 | 23,985 |
Morgan Stanley | 4.100% | 5/22/23 | 15,058 | 15,646 |
Morgan Stanley | 3.875% | 4/29/24 | 24,130 | 25,175 |
Morgan Stanley | 3.700% | 10/23/24 | 32,507 | 33,504 |
Morgan Stanley | 4.000% | 7/23/25 | 37,155 | 38,769 |
Morgan Stanley | 5.000% | 11/24/25 | 27,267 | 29,801 |
Morgan Stanley | 3.875% | 1/27/26 | 17,493 | 18,194 |
Morgan Stanley | 3.125% | 7/27/26 | 32,161 | 31,733 |
Morgan Stanley | 6.250% | 8/9/26 | 1,543 | 1,842 |
Morgan Stanley | 4.350% | 9/8/26 | 26,983 | 28,265 |
Morgan Stanley | 3.625% | 1/20/27 | 37,400 | 38,154 |
Morgan Stanley | 3.950% | 4/23/27 | 11,635 | 11,784 |
4 Morgan Stanley | 3.591% | 7/22/28 | 27,750 | 27,943 |
MUFG Americas Holdings Corp. | 3.000% | 2/10/25 | 5,207 | 5,123 |
National Australia Bank Ltd. | 3.000% | 1/20/23 | 4,830 | 4,863 |
National Australia Bank Ltd. | 3.375% | 1/14/26 | 3,000 | 3,044 |
National Australia Bank Ltd. | 2.500% | 7/12/26 | 14,555 | 13,806 |
Northern Trust Corp. | 3.950% | 10/30/25 | 2,300 | 2,432 |
4 Northern Trust Corp. | 3.375% | 5/8/32 | 3,050 | 3,021 |
People's United Bank NA | 4.000% | 7/15/24 | 1,675 | 1,703 |
PNC Bank NA | 2.950% | 1/30/23 | 7,215 | 7,218 |
PNC Bank NA | 3.800% | 7/25/23 | 11,975 | 12,485 |
45
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
PNC Bank NA | 3.300% | 10/30/24 | 4,587 | 4,683 |
PNC Bank NA | 2.950% | 2/23/25 | 4,525 | 4,495 |
PNC Bank NA | 3.250% | 6/1/25 | 8,305 | 8,433 |
PNC Bank NA | 4.200% | 11/1/25 | 3,300 | 3,538 |
PNC Bank NA | 3.100% | 10/25/27 | 8,550 | 8,518 |
PNC Financial Services Group Inc. | 3.900% | 4/29/24 | 8,550 | 8,948 |
PNC Financial Services Group Inc. | 3.150% | 5/19/27 | 6,460 | 6,447 |
Royal Bank of Canada | 4.650% | 1/27/26 | 15,474 | 16,676 |
Royal Bank of Scotland Group plc | 3.875% | 9/12/23 | 32,470 | 33,000 |
Royal Bank of Scotland Group plc | 4.800% | 4/5/26 | 8,940 | 9,598 |
Santander Holdings USA Inc. | 4.500% | 7/17/25 | 13,760 | 14,318 |
5 Santander Holdings USA Inc. | 4.400% | 7/13/27 | 6,600 | 6,747 |
Santander Issuances SAU | 5.179% | 11/19/25 | 12,242 | 13,179 |
Santander UK Group Holdings plc | 3.571% | 1/10/23 | 7,100 | 7,190 |
4 Santander UK Group Holdings plc | 3.823% | 11/3/28 | 10,000 | 9,998 |
Santander UK plc | 4.000% | 3/13/24 | 10,924 | 11,490 |
State Street Corp. | 3.100% | 5/15/23 | 7,675 | 7,742 |
State Street Corp. | 3.700% | 11/20/23 | 6,773 | 7,123 |
State Street Corp. | 3.300% | 12/16/24 | 8,913 | 9,190 |
State Street Corp. | 3.550% | 8/18/25 | 8,063 | 8,338 |
State Street Corp. | 2.650% | 5/19/26 | 8,540 | 8,299 |
Sumitomo Mitsui Banking Corp. | 3.000% | 1/18/23 | 1,375 | 1,375 |
Sumitomo Mitsui Banking Corp. | 3.950% | 7/19/23 | 4,975 | 5,203 |
Sumitomo Mitsui Banking Corp. | 3.950% | 1/10/24 | 2,075 | 2,185 |
Sumitomo Mitsui Banking Corp. | 3.400% | 7/11/24 | 3,575 | 3,662 |
Sumitomo Mitsui Banking Corp. | 3.650% | 7/23/25 | 1,400 | 1,446 |
Sumitomo Mitsui Financial Group Inc. | 3.784% | 3/9/26 | 15,780 | 16,261 |
Sumitomo Mitsui Financial Group Inc. | 2.632% | 7/14/26 | 21,271 | 20,124 |
Sumitomo Mitsui Financial Group Inc. | 3.010% | 10/19/26 | 12,350 | 11,991 |
Sumitomo Mitsui Financial Group Inc. | 3.446% | 1/11/27 | 10,800 | 10,860 |
Sumitomo Mitsui Financial Group Inc. | 3.364% | 7/12/27 | 18,000 | 17,927 |
Sumitomo Mitsui Financial Group Inc. | 3.352% | 10/18/27 | 975 | 968 |
SunTrust Bank | 2.750% | 5/1/23 | 3,525 | 3,492 |
SunTrust Bank | 3.300% | 5/15/26 | 5,250 | 5,188 |
SVB Financial Group | 3.500% | 1/29/25 | 3,825 | 3,838 |
Synchrony Financial | 4.250% | 8/15/24 | 14,901 | 15,418 |
Synchrony Financial | 4.500% | 7/23/25 | 18,280 | 19,108 |
Synchrony Financial | 3.700% | 8/4/26 | 7,144 | 7,028 |
4 Toronto-Dominion Bank | 3.625% | 9/15/31 | 14,300 | 14,278 |
US Bancorp | 3.700% | 1/30/24 | 4,985 | 5,236 |
US Bancorp | 3.600% | 9/11/24 | 7,979 | 8,231 |
US Bancorp | 3.100% | 4/27/26 | 7,370 | 7,287 |
US Bancorp | 2.375% | 7/22/26 | 5,775 | 5,423 |
US Bancorp | 3.150% | 4/27/27 | 12,000 | 12,015 |
US Bank NA | 2.800% | 1/27/25 | 12,275 | 12,178 |
Wells Fargo & Co. | 3.069% | 1/24/23 | 36,772 | 37,033 |
Wells Fargo & Co. | 3.450% | 2/13/23 | 18,937 | 19,300 |
Wells Fargo & Co. | 4.125% | 8/15/23 | 13,562 | 14,250 |
Wells Fargo & Co. | 4.480% | 1/16/24 | 6,419 | 6,898 |
Wells Fargo & Co. | 3.300% | 9/9/24 | 23,477 | 23,808 |
Wells Fargo & Co. | 3.000% | 2/19/25 | 23,328 | 23,084 |
Wells Fargo & Co. | 3.550% | 9/29/25 | 18,299 | 18,741 |
Wells Fargo & Co. | 3.000% | 4/22/26 | 34,245 | 33,615 |
Wells Fargo & Co. | 4.100% | 6/3/26 | 27,911 | 29,300 |
Wells Fargo & Co. | 3.000% | 10/23/26 | 30,942 | 30,157 |
Wells Fargo & Co. | 4.300% | 7/22/27 | 16,375 | 17,425 |
4 Wells Fargo & Co. | 3.584% | 5/22/28 | 28,750 | 29,300 |
Westpac Banking Corp. | 2.850% | 5/13/26 | 11,500 | 11,203 |
Westpac Banking Corp. | 2.700% | 8/19/26 | 11,590 | 11,135 |
Westpac Banking Corp. | 3.350% | 3/8/27 | 13,000 | 13,108 |
4 Westpac Banking Corp. | 4.322% | 11/23/31 | 17,500 | 17,974 |
Brokerage (0.6%) | ||||
Affiliated Managers Group Inc. | 4.250% | 2/15/24 | 2,975 | 3,145 |
46
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Affiliated Managers Group Inc. | 3.500% | 8/1/25 | 2,575 | 2,590 |
Ameriprise Financial Inc. | 4.000% | 10/15/23 | 8,989 | 9,514 |
Ameriprise Financial Inc. | 3.700% | 10/15/24 | 7,750 | 8,054 |
Ameriprise Financial Inc. | 2.875% | 9/15/26 | 2,280 | 2,216 |
Apollo Investment Corp. | 5.250% | 3/3/25 | 2,625 | 2,681 |
BlackRock Inc. | 3.500% | 3/18/24 | 16,479 | 17,108 |
BlackRock Inc. | 3.200% | 3/15/27 | 1,362 | 1,373 |
Brookfield Asset Management Inc. | 4.000% | 1/15/25 | 5,850 | 5,971 |
Brookfield Finance Inc. | 4.250% | 6/2/26 | 1,800 | 1,856 |
Brookfield Finance LLC | 4.000% | 4/1/24 | 6,350 | 6,536 |
Cboe Global Markets Inc. | 3.650% | 1/12/27 | 6,023 | 6,204 |
Charles Schwab Corp. | 3.225% | 9/1/22 | 2,550 | 2,589 |
Charles Schwab Corp. | 2.650% | 1/25/23 | 4,650 | 4,634 |
Charles Schwab Corp. | 3.450% | 2/13/26 | 3,585 | 3,673 |
Charles Schwab Corp. | 3.200% | 3/2/27 | 6,840 | 6,875 |
Charles Schwab Corp. | 3.200% | 1/25/28 | 4,650 | 4,640 |
CME Group Inc. | 3.000% | 3/15/25 | 7,550 | 7,662 |
E*TRADE Financial Corp. | 3.800% | 8/24/27 | 4,000 | 3,982 |
Eaton Vance Corp. | 3.625% | 6/15/23 | 1,800 | 1,857 |
Eaton Vance Corp. | 3.500% | 4/6/27 | 3,370 | 3,431 |
Franklin Resources Inc. | 2.850% | 3/30/25 | 4,165 | 4,126 |
Intercontinental Exchange Inc. | 4.000% | 10/15/23 | 5,230 | 5,542 |
Intercontinental Exchange Inc. | 3.750% | 12/1/25 | 12,077 | 12,672 |
Intercontinental Exchange Inc. | 3.100% | 9/15/27 | 3,200 | 3,199 |
Invesco Finance plc | 4.000% | 1/30/24 | 6,975 | 7,344 |
Invesco Finance plc | 3.750% | 1/15/26 | 6,250 | 6,458 |
Janus Capital Group Inc. | 4.875% | 8/1/25 | 2,660 | 2,851 |
Jefferies Group LLC | 5.125% | 1/20/23 | 4,250 | 4,589 |
Jefferies Group LLC | 4.850% | 1/15/27 | 8,538 | 9,041 |
Lazard Group LLC | 3.750% | 2/13/25 | 2,575 | 2,626 |
Lazard Group LLC | 3.625% | 3/1/27 | 5,950 | 5,918 |
Legg Mason Inc. | 3.950% | 7/15/24 | 1,750 | 1,789 |
Legg Mason Inc. | 4.750% | 3/15/26 | 3,395 | 3,636 |
Leucadia National Corp. | 5.500% | 10/18/23 | 6,329 | 6,780 |
Nasdaq Inc. | 4.250% | 6/1/24 | 1,155 | 1,219 |
Nasdaq Inc. | 3.850% | 6/30/26 | 8,460 | 8,674 |
Raymond James Financial Inc. | 3.625% | 9/15/26 | 4,550 | 4,567 |
Stifel Financial Corp. | 4.250% | 7/18/24 | 4,785 | 4,916 |
TD Ameritrade Holding Corp. | 3.625% | 4/1/25 | 3,050 | 3,159 |
TD Ameritrade Holding Corp. | 3.300% | 4/1/27 | 8,615 | 8,659 |
Finance Companies (0.2%) | ||||
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.500% | 1/15/25 | 7,100 | 7,038 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.650% | 7/21/27 | 8,900 | 8,811 |
Air Lease Corp. | 2.750% | 1/15/23 | 2,000 | 1,968 |
Air Lease Corp. | 3.000% | 9/15/23 | 6,664 | 6,597 |
Air Lease Corp. | 4.250% | 9/15/24 | 4,298 | 4,495 |
Air Lease Corp. | 3.625% | 4/1/27 | 5,650 | 5,641 |
Air Lease Corp. | 3.625% | 12/1/27 | 2,000 | 1,997 |
Ares Capital Corp. | 3.500% | 2/10/23 | 5,165 | 5,084 |
GATX Corp. | 3.900% | 3/30/23 | 2,825 | 2,909 |
GATX Corp. | 3.250% | 3/30/25 | 2,675 | 2,643 |
GATX Corp. | 3.250% | 9/15/26 | 1,800 | 1,757 |
GATX Corp. | 3.850% | 3/30/27 | 2,000 | 2,032 |
GE Capital International Funding Co. Unlimited Co. | 3.373% | 11/15/25 | 23,161 | 23,527 |
Prospect Capital Corp. | 5.875% | 3/15/23 | 1,725 | 1,786 |
Insurance (1.7%) | ||||
Aetna Inc. | 2.800% | 6/15/23 | 11,075 | 10,874 |
Aetna Inc. | 3.500% | 11/15/24 | 8,522 | 8,634 |
Aflac Inc. | 3.625% | 6/15/23 | 11,555 | 12,043 |
Aflac Inc. | 3.625% | 11/15/24 | 2,545 | 2,655 |
Aflac Inc. | 3.250% | 3/17/25 | 3,525 | 3,571 |
47
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Aflac Inc. | 2.875% | 10/15/26 | 2,975 | 2,918 |
Allied World Assurance Co. Holdings Ltd. | 4.350% | 10/29/25 | 5,778 | 5,795 |
Allstate Corp. | 3.150% | 6/15/23 | 3,420 | 3,474 |
Allstate Corp. | 3.280% | 12/15/26 | 7,405 | 7,506 |
4 Allstate Corp. | 5.750% | 8/15/53 | 6,310 | 6,886 |
American Financial Group Inc. | 3.500% | 8/15/26 | 4,200 | 4,168 |
American International Group Inc. | 4.125% | 2/15/24 | 12,861 | 13,543 |
American International Group Inc. | 3.750% | 7/10/25 | 7,372 | 7,570 |
American International Group Inc. | 3.900% | 4/1/26 | 11,285 | 11,706 |
Anthem Inc. | 3.300% | 1/15/23 | 6,121 | 6,213 |
Anthem Inc. | 3.500% | 8/15/24 | 9,843 | 10,009 |
Anthem Inc. | 3.350% | 12/1/24 | 8,050 | 8,139 |
Aon plc | 4.000% | 11/27/23 | 1,950 | 2,049 |
Aon plc | 3.500% | 6/14/24 | 5,720 | 5,848 |
Aon plc | 3.875% | 12/15/25 | 14,645 | 15,277 |
Arch Capital Finance LLC | 4.011% | 12/15/26 | 8,140 | 8,473 |
Aspen Insurance Holdings Ltd. | 4.650% | 11/15/23 | 6,225 | 6,610 |
Assurant Inc. | 4.000% | 3/15/23 | 3,500 | 3,577 |
Assured Guaranty US Holdings Inc. | 5.000% | 7/1/24 | 4,000 | 4,333 |
Berkshire Hathaway Inc. | 3.000% | 2/11/23 | 4,875 | 4,964 |
Berkshire Hathaway Inc. | 2.750% | 3/15/23 | 19,439 | 19,566 |
Berkshire Hathaway Inc. | 3.125% | 3/15/26 | 29,515 | 29,771 |
5 Brighthouse Financial Inc. | 3.700% | 6/22/27 | 13,650 | 13,361 |
Brown & Brown Inc. | 4.200% | 9/15/24 | 5,255 | 5,503 |
Chubb INA Holdings Inc. | 2.700% | 3/13/23 | 2,162 | 2,155 |
Chubb INA Holdings Inc. | 3.350% | 5/15/24 | 5,735 | 5,889 |
Chubb INA Holdings Inc. | 3.150% | 3/15/25 | 9,075 | 9,160 |
Chubb INA Holdings Inc. | 3.350% | 5/3/26 | 16,684 | 17,007 |
Cigna Corp. | 3.250% | 4/15/25 | 9,400 | 9,337 |
Cigna Corp. | 3.050% | 10/15/27 | 3,885 | 3,771 |
CNA Financial Corp. | 3.950% | 5/15/24 | 3,530 | 3,669 |
CNA Financial Corp. | 4.500% | 3/1/26 | 5,474 | 5,827 |
CNA Financial Corp. | 3.450% | 8/15/27 | 1,115 | 1,099 |
First American Financial Corp. | 4.600% | 11/15/24 | 2,700 | 2,783 |
Hanover Insurance Group Inc. | 4.500% | 4/15/26 | 4,700 | 4,886 |
Humana Inc. | 3.850% | 10/1/24 | 9,411 | 9,761 |
Humana Inc. | 3.950% | 3/15/27 | 5,475 | 5,643 |
Kemper Corp. | 4.350% | 2/15/25 | 2,500 | 2,548 |
Lincoln National Corp. | 4.000% | 9/1/23 | 4,000 | 4,189 |
Lincoln National Corp. | 3.350% | 3/9/25 | 3,200 | 3,219 |
Lincoln National Corp. | 3.625% | 12/12/26 | 2,525 | 2,575 |
Loews Corp. | 2.625% | 5/15/23 | 6,810 | 6,723 |
Loews Corp. | 3.750% | 4/1/26 | 780 | 805 |
Manulife Financial Corp. | 4.150% | 3/4/26 | 13,187 | 13,921 |
4 Manulife Financial Corp. | 4.061% | 2/24/32 | 6,935 | 6,984 |
Marsh & McLennan Cos. Inc. | 3.300% | 3/14/23 | 2,620 | 2,665 |
Marsh & McLennan Cos. Inc. | 3.500% | 6/3/24 | 12,140 | 12,520 |
Marsh & McLennan Cos. Inc. | 3.500% | 3/10/25 | 3,250 | 3,345 |
Marsh & McLennan Cos. Inc. | 3.750% | 3/14/26 | 5,457 | 5,706 |
Mercury General Corp. | 4.400% | 3/15/27 | 3,415 | 3,460 |
MetLife Inc. | 4.368% | 9/15/23 | 5,739 | 6,188 |
MetLife Inc. | 3.600% | 4/10/24 | 9,935 | 10,392 |
MetLife Inc. | 3.000% | 3/1/25 | 3,150 | 3,153 |
MetLife Inc. | 3.600% | 11/13/25 | 7,365 | 7,659 |
Old Republic International Corp. | 4.875% | 10/1/24 | 4,625 | 4,957 |
Old Republic International Corp. | 3.875% | 8/26/26 | 6,325 | 6,341 |
Principal Financial Group Inc. | 3.125% | 5/15/23 | 2,525 | 2,540 |
Principal Financial Group Inc. | 3.400% | 5/15/25 | 6,266 | 6,358 |
Principal Financial Group Inc. | 3.100% | 11/15/26 | 1,600 | 1,580 |
Progressive Corp. | 2.450% | 1/15/27 | 4,340 | 4,148 |
Prudential Financial Inc. | 3.500% | 5/15/24 | 11,150 | 11,576 |
4 Prudential Financial Inc. | 5.625% | 6/15/43 | 11,060 | 12,055 |
4 Prudential Financial Inc. | 5.200% | 3/15/44 | 5,525 | 5,891 |
4 Prudential Financial Inc. | 5.375% | 5/15/45 | 9,150 | 9,798 |
48
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
4 Prudential Financial Inc. | 4.500% | 9/15/47 | 6,775 | 6,868 |
Reinsurance Group of America Inc. | 4.700% | 9/15/23 | 3,608 | 3,881 |
Reinsurance Group of America Inc. | 3.950% | 9/15/26 | 1,700 | 1,729 |
RenaissanceRe Finance Inc. | 3.450% | 7/1/27 | 1,800 | 1,761 |
Trinity Acquisition plc | 4.400% | 3/15/26 | 4,480 | 4,676 |
UnitedHealth Group Inc. | 2.750% | 2/15/23 | 9,075 | 9,081 |
UnitedHealth Group Inc. | 2.875% | 3/15/23 | 6,380 | 6,432 |
UnitedHealth Group Inc. | 3.750% | 7/15/25 | 25,457 | 26,788 |
UnitedHealth Group Inc. | 3.100% | 3/15/26 | 9,257 | 9,301 |
UnitedHealth Group Inc. | 3.450% | 1/15/27 | 3,030 | 3,115 |
UnitedHealth Group Inc. | 3.375% | 4/15/27 | 6,365 | 6,513 |
UnitedHealth Group Inc. | 2.950% | 10/15/27 | 9,400 | 9,365 |
Unum Group | 4.000% | 3/15/24 | 4,120 | 4,287 |
Voya Financial Inc. | 3.125% | 7/15/24 | 7,450 | 7,389 |
Voya Financial Inc. | 3.650% | 6/15/26 | 3,504 | 3,528 |
Willis North America Inc. | 3.600% | 5/15/24 | 6,055 | 6,150 |
XLIT Ltd. | 6.375% | 11/15/24 | 875 | 1,016 |
XLIT Ltd. | 4.450% | 3/31/25 | 5,546 | 5,605 |
Other Finance (0.0%) | ||||
Jones Lang LaSalle Inc. | 4.400% | 11/15/22 | 1,300 | 1,362 |
ORIX Corp. | 3.250% | 12/4/24 | 5,950 | 5,913 |
ORIX Corp. | 3.700% | 7/18/27 | 3,500 | 3,502 |
Real Estate Investment Trusts (2.1%) | ||||
Alexandria Real Estate Equities Inc. | 3.900% | 6/15/23 | 4,325 | 4,452 |
Alexandria Real Estate Equities Inc. | 3.450% | 4/30/25 | 5,700 | 5,636 |
Alexandria Real Estate Equities Inc. | 4.300% | 1/15/26 | 2,350 | 2,460 |
American Campus Communities Operating Partnership | ||||
LP | 3.750% | 4/15/23 | 1,800 | 1,846 |
American Campus Communities Operating Partnership | ||||
LP | 4.125% | 7/1/24 | 2,700 | 2,809 |
AvalonBay Communities Inc. | 2.850% | 3/15/23 | 1,520 | 1,515 |
AvalonBay Communities Inc. | 4.200% | 12/15/23 | 2,290 | 2,438 |
AvalonBay Communities Inc. | 3.450% | 6/1/25 | 3,742 | 3,827 |
AvalonBay Communities Inc. | 3.500% | 11/15/25 | 4,700 | 4,796 |
AvalonBay Communities Inc. | 2.950% | 5/11/26 | 5,600 | 5,492 |
AvalonBay Communities Inc. | 2.900% | 10/15/26 | 600 | 584 |
AvalonBay Communities Inc. | 3.350% | 5/15/27 | 4,350 | 4,380 |
Boston Properties LP | 3.850% | 2/1/23 | 7,097 | 7,394 |
Boston Properties LP | 3.125% | 9/1/23 | 4,412 | 4,448 |
Boston Properties LP | 3.800% | 2/1/24 | 5,765 | 5,976 |
Boston Properties LP | 3.200% | 1/15/25 | 7,800 | 7,773 |
Boston Properties LP | 3.650% | 2/1/26 | 7,720 | 7,831 |
Boston Properties LP | 2.750% | 10/1/26 | 9,291 | 8,773 |
Brandywine Operating Partnership LP | 3.950% | 2/15/23 | 2,800 | 2,858 |
Brandywine Operating Partnership LP | 3.950% | 11/15/27 | 9,000 | 8,902 |
Brixmor Operating Partnership LP | 3.250% | 9/15/23 | 3,050 | 2,979 |
Brixmor Operating Partnership LP | 3.650% | 6/15/24 | 2,200 | 2,182 |
Brixmor Operating Partnership LP | 3.850% | 2/1/25 | 9,308 | 9,300 |
Brixmor Operating Partnership LP | 4.125% | 6/15/26 | 5,500 | 5,551 |
Brixmor Operating Partnership LP | 3.900% | 3/15/27 | 6,875 | 6,794 |
CBL & Associates LP | 5.250% | 12/1/23 | 4,000 | 3,783 |
CBL & Associates LP | 4.600% | 10/15/24 | 3,915 | 3,485 |
Columbia Property Trust Operating Partnership LP | 4.150% | 4/1/25 | 3,700 | 3,757 |
Columbia Property Trust Operating Partnership LP | 3.650% | 8/15/26 | 6,450 | 6,262 |
Corporate Office Properties LP | 3.600% | 5/15/23 | 4,450 | 4,457 |
Corporate Office Properties LP | 5.250% | 2/15/24 | 2,975 | 3,211 |
CubeSmart LP | 4.375% | 12/15/23 | 2,575 | 2,701 |
CubeSmart LP | 4.000% | 11/15/25 | 825 | 844 |
CubeSmart LP | 3.125% | 9/1/26 | 4,350 | 4,133 |
DCT Industrial Operating Partnership LP | 4.500% | 10/15/23 | 2,975 | 3,099 |
DDR Corp. | 3.375% | 5/15/23 | 4,438 | 4,408 |
DDR Corp. | 3.900% | 8/15/24 | 4,300 | 4,334 |
DDR Corp. | 3.625% | 2/1/25 | 6,400 | 6,306 |
49
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
DDR Corp. | 4.250% | 2/1/26 | 2,823 | 2,872 |
DDR Corp. | 4.700% | 6/1/27 | 3,775 | 3,928 |
Digital Realty Trust LP | 2.750% | 2/1/23 | 1,600 | 1,585 |
Digital Realty Trust LP | 4.750% | 10/1/25 | 4,125 | 4,474 |
Digital Realty Trust LP | 3.700% | 8/15/27 | 6,925 | 6,973 |
Duke Realty LP | 3.750% | 12/1/24 | 1,900 | 1,958 |
Duke Realty LP | 3.250% | 6/30/26 | 1,450 | 1,437 |
Duke Realty LP | 3.375% | 12/15/27 | 2,800 | 2,805 |
EPR Properties | 5.250% | 7/15/23 | 350 | 374 |
EPR Properties | 4.500% | 4/1/25 | 3,486 | 3,556 |
EPR Properties | 4.750% | 12/15/26 | 4,800 | 4,929 |
EPR Properties | 4.500% | 6/1/27 | 3,900 | 3,931 |
ERP Operating LP | 3.000% | 4/15/23 | 2,598 | 2,619 |
ERP Operating LP | 3.375% | 6/1/25 | 2,300 | 2,342 |
ERP Operating LP | 2.850% | 11/1/26 | 5,725 | 5,557 |
ERP Operating LP | 3.250% | 8/1/27 | 2,150 | 2,140 |
Essex Portfolio LP | 3.250% | 5/1/23 | 6,855 | 6,910 |
Essex Portfolio LP | 3.875% | 5/1/24 | 2,900 | 3,002 |
Essex Portfolio LP | 3.500% | 4/1/25 | 6,400 | 6,451 |
Essex Portfolio LP | 3.375% | 4/15/26 | 4,250 | 4,211 |
Essex Portfolio LP | 3.625% | 5/1/27 | 400 | 403 |
Federal Realty Investment Trust | 2.750% | 6/1/23 | 2,100 | 2,074 |
Federal Realty Investment Trust | 3.250% | 7/15/27 | 5,200 | 5,156 |
HCP Inc. | 4.250% | 11/15/23 | 10,570 | 11,093 |
HCP Inc. | 4.200% | 3/1/24 | 6,392 | 6,687 |
HCP Inc. | 3.875% | 8/15/24 | 20,125 | 20,585 |
HCP Inc. | 3.400% | 2/1/25 | 9,444 | 9,365 |
HCP Inc. | 4.000% | 6/1/25 | 4,562 | 4,690 |
Healthcare Realty Trust Inc. | 3.625% | 1/15/28 | 1,300 | 1,286 |
Healthcare Trust of America Holdings LP | 3.700% | 4/15/23 | 1,625 | 1,661 |
Healthcare Trust of America Holdings LP | 3.500% | 8/1/26 | 3,200 | 3,139 |
Healthcare Trust of America Holdings LP | 3.750% | 7/1/27 | 4,375 | 4,357 |
Highwoods Realty LP | 3.625% | 1/15/23 | 560 | 567 |
Highwoods Realty LP | 3.875% | 3/1/27 | 2,500 | 2,513 |
Hospitality Properties Trust | 4.500% | 6/15/23 | 3,216 | 3,362 |
Hospitality Properties Trust | 4.650% | 3/15/24 | 4,160 | 4,381 |
Hospitality Properties Trust | 4.500% | 3/15/25 | 3,025 | 3,139 |
Hospitality Properties Trust | 5.250% | 2/15/26 | 3,120 | 3,349 |
Hospitality Properties Trust | 4.950% | 2/15/27 | 1,610 | 1,698 |
Hospitality Properties Trust | 3.950% | 1/15/28 | 2,000 | 1,949 |
Host Hotels & Resorts LP | 4.750% | 3/1/23 | 2,522 | 2,682 |
Host Hotels & Resorts LP | 3.750% | 10/15/23 | 2,809 | 2,865 |
Host Hotels & Resorts LP | 3.875% | 4/1/24 | 3,800 | 3,848 |
Host Hotels & Resorts LP | 4.000% | 6/15/25 | 4,830 | 4,928 |
Hudson Pacific Properties LP | 3.950% | 11/1/27 | 1,150 | 1,147 |
Kilroy Realty LP | 3.800% | 1/15/23 | 1,525 | 1,562 |
Kilroy Realty LP | 3.450% | 12/15/24 | 4,500 | 4,488 |
Kilroy Realty LP | 4.375% | 10/1/25 | 4,464 | 4,685 |
Kimco Realty Corp. | 3.125% | 6/1/23 | 1,450 | 1,447 |
Kimco Realty Corp. | 2.700% | 3/1/24 | 1,000 | 967 |
Kimco Realty Corp. | 3.300% | 2/1/25 | 5,745 | 5,697 |
Kimco Realty Corp. | 2.800% | 10/1/26 | 10,150 | 9,535 |
Kimco Realty Corp. | 3.800% | 4/1/27 | 300 | 302 |
Kite Realty Group LP | 4.000% | 10/1/26 | 2,750 | 2,612 |
Liberty Property LP | 3.375% | 6/15/23 | 600 | 608 |
Liberty Property LP | 4.400% | 2/15/24 | 3,225 | 3,436 |
Liberty Property LP | 3.750% | 4/1/25 | 7,850 | 8,033 |
Liberty Property LP | 3.250% | 10/1/26 | 1,900 | 1,868 |
Life Storage LP | 3.875% | 12/15/27 | 2,945 | 2,933 |
LifeStorage LP | 3.500% | 7/1/26 | 4,075 | 3,971 |
Mid-America Apartments LP | 4.300% | 10/15/23 | 3,050 | 3,215 |
Mid-America Apartments LP | 3.750% | 6/15/24 | 1,700 | 1,741 |
Mid-America Apartments LP | 4.000% | 11/15/25 | 4,150 | 4,293 |
Mid-America Apartments LP | 3.600% | 6/1/27 | 9,845 | 9,857 |
50
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
National Retail Properties Inc. | 3.300% | 4/15/23 | 7,020 | 7,025 |
National Retail Properties Inc. | 3.900% | 6/15/24 | 4,825 | 4,948 |
National Retail Properties Inc. | 4.000% | 11/15/25 | 1,150 | 1,178 |
National Retail Properties Inc. | 3.600% | 12/15/26 | 3,150 | 3,113 |
Omega Healthcare Investors Inc. | 4.375% | 8/1/23 | 8,565 | 8,683 |
Omega Healthcare Investors Inc. | 4.950% | 4/1/24 | 2,950 | 3,064 |
Omega Healthcare Investors Inc. | 4.500% | 1/15/25 | 6,400 | 6,392 |
Omega Healthcare Investors Inc. | 5.250% | 1/15/26 | 9,145 | 9,454 |
Omega Healthcare Investors Inc. | 4.500% | 4/1/27 | 974 | 948 |
Omega Healthcare Investors Inc. | 4.750% | 1/15/28 | 1,500 | 1,485 |
Physicians Realty LP | 4.300% | 3/15/27 | 2,950 | 3,000 |
Physicians Realty LP | 3.950% | 1/15/28 | 1,500 | 1,486 |
Piedmont Operating Partnership LP | 3.400% | 6/1/23 | 1,325 | 1,316 |
Piedmont Operating Partnership LP | 4.450% | 3/15/24 | 5,925 | 6,171 |
ProLogis LP | 4.250% | 8/15/23 | 8,385 | 8,997 |
Prologis LP | 3.750% | 11/1/25 | 5,120 | 5,366 |
Public Storage | 3.094% | 9/15/27 | 3,200 | 3,179 |
Realty Income Corp. | 4.650% | 8/1/23 | 5,875 | 6,333 |
Realty Income Corp. | 3.875% | 7/15/24 | 2,650 | 2,721 |
Realty Income Corp. | 4.125% | 10/15/26 | 8,875 | 9,261 |
Realty Income Corp. | 3.000% | 1/15/27 | 3,850 | 3,683 |
Realty Income Corp. | 3.650% | 1/15/28 | 2,000 | 2,007 |
Regency Centers LP | 3.600% | 2/1/27 | 9,025 | 8,994 |
Sabra Health Care LP | 5.125% | 8/15/26 | 3,150 | 3,207 |
Select Income REIT | 4.250% | 5/15/24 | 2,650 | 2,632 |
Select Income REIT | 4.500% | 2/1/25 | 4,125 | 4,155 |
Simon Property Group LP | 2.750% | 2/1/23 | 1,572 | 1,565 |
Simon Property Group LP | 2.750% | 6/1/23 | 6,000 | 5,981 |
Simon Property Group LP | 3.750% | 2/1/24 | 3,265 | 3,401 |
Simon Property Group LP | 3.375% | 10/1/24 | 5,505 | 5,625 |
Simon Property Group LP | 3.500% | 9/1/25 | 7,000 | 7,163 |
Simon Property Group LP | 3.300% | 1/15/26 | 13,200 | 13,205 |
Simon Property Group LP | 3.250% | 11/30/26 | 7,180 | 7,112 |
Simon Property Group LP | 3.375% | 6/15/27 | 7,650 | 7,706 |
Simon Property Group LP | 3.375% | 12/1/27 | 6,000 | 6,025 |
Tanger Properties LP | 3.750% | 12/1/24 | 1,550 | 1,550 |
Tanger Properties LP | 3.125% | 9/1/26 | 1,275 | 1,203 |
Tanger Properties LP | 3.875% | 7/15/27 | 2,700 | 2,675 |
UDR Inc. | 3.750% | 7/1/24 | 1,750 | 1,801 |
UDR Inc. | 4.000% | 10/1/25 | 4,850 | 5,045 |
UDR Inc. | 2.950% | 9/1/26 | 5,200 | 4,975 |
UDR Inc. | 3.500% | 1/15/28 | 1,200 | 1,195 |
Ventas Realty LP | 3.100% | 1/15/23 | 1,200 | 1,199 |
Ventas Realty LP | 3.125% | 6/15/23 | 1,500 | 1,500 |
Ventas Realty LP | 3.750% | 5/1/24 | 3,400 | 3,492 |
Ventas Realty LP | 3.500% | 2/1/25 | 5,890 | 5,921 |
Ventas Realty LP | 4.125% | 1/15/26 | 3,561 | 3,712 |
Ventas Realty LP | 3.250% | 10/15/26 | 6,125 | 5,936 |
VEREIT Operating Partnership LP | 4.600% | 2/6/24 | 4,745 | 4,994 |
VEREIT Operating Partnership LP | 4.875% | 6/1/26 | 9,850 | 10,404 |
VEREIT Operating Partnership LP | 3.950% | 8/15/27 | 7,750 | 7,649 |
Vornado Realty LP | 3.500% | 1/15/25 | 3,300 | 3,291 |
Washington Prime Group LP | 5.950% | 8/15/24 | 6,900 | 7,064 |
Weingarten Realty Investors | 3.500% | 4/15/23 | 2,275 | 2,288 |
Weingarten Realty Investors | 4.450% | 1/15/24 | 150 | 158 |
Weingarten Realty Investors | 3.850% | 6/1/25 | 3,500 | 3,546 |
Welltower Inc. | 3.750% | 3/15/23 | 11,139 | 11,546 |
Welltower Inc. | 4.500% | 1/15/24 | 1,695 | 1,808 |
Welltower Inc. | 4.000% | 6/1/25 | 16,463 | 17,002 |
Welltower Inc. | 4.250% | 4/1/26 | 6,100 | 6,370 |
WP Carey Inc. | 4.600% | 4/1/24 | 4,175 | 4,365 |
WP Carey Inc. | 4.000% | 2/1/25 | 1,990 | 2,016 |
WP Carey Inc. | 4.250% | 10/1/26 | 1,175 | 1,200 |
5,168,220 |
51
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Industrial (24.6%) | ||||
Basic Industry (1.1%) | ||||
Agrium Inc. | 3.500% | 6/1/23 | 9,573 | 9,770 |
Agrium Inc. | 3.375% | 3/15/25 | 7,745 | 7,770 |
Air Products & Chemicals Inc. | 2.750% | 2/3/23 | 1,900 | 1,901 |
Air Products & Chemicals Inc. | 3.350% | 7/31/24 | 2,800 | 2,867 |
Airgas Inc. | 3.650% | 7/15/24 | 1,850 | 1,923 |
Albemarle Corp. | 4.150% | 12/1/24 | 4,665 | 4,942 |
BHP Billiton Finance USA Ltd. | 3.850% | 9/30/23 | 9,350 | 9,905 |
BHP Billiton Finance USA Ltd. | 6.420% | 3/1/26 | 500 | 612 |
Braskem Finance Ltd. | 6.450% | 2/3/24 | 6,600 | 7,384 |
Celulosa Arauco y Constitucion SA | 4.500% | 8/1/24 | 2,000 | 2,109 |
5 Celulosa Arauco y Constitucion SA | 3.875% | 11/2/27 | 11,050 | 10,934 |
Dow Chemical Co. | 3.500% | 10/1/24 | 7,170 | 7,367 |
Eastman Chemical Co. | 3.800% | 3/15/25 | 8,442 | 8,774 |
Ecolab Inc. | 3.250% | 1/14/23 | 2,025 | 2,074 |
Ecolab Inc. | 2.700% | 11/1/26 | 9,740 | 9,335 |
EI du Pont de Nemours & Co. | 2.800% | 2/15/23 | 10,975 | 10,967 |
Fibria Overseas Finance Ltd. | 5.250% | 5/12/24 | 4,500 | 4,815 |
Fibria Overseas Finance Ltd. | 4.000% | 1/14/25 | 7,800 | 7,736 |
Fibria Overseas Finance Ltd. | 5.500% | 1/17/27 | 3,775 | 4,049 |
FMC Corp. | 4.100% | 2/1/24 | 2,924 | 3,009 |
Georgia-Pacific LLC | 8.000% | 1/15/24 | 3,750 | 4,769 |
Georgia-Pacific LLC | 7.375% | 12/1/25 | 1,679 | 2,145 |
Goldcorp Inc. | 3.700% | 3/15/23 | 11,178 | 11,465 |
International Flavors & Fragrances Inc. | 3.200% | 5/1/23 | 1,525 | 1,531 |
International Paper Co. | 3.650% | 6/15/24 | 9,970 | 10,309 |
International Paper Co. | 3.800% | 1/15/26 | 8,451 | 8,732 |
International Paper Co. | 3.000% | 2/15/27 | 2,050 | 1,987 |
LYB International Finance BV | 4.000% | 7/15/23 | 6,395 | 6,697 |
LYB International Finance II BV | 3.500% | 3/2/27 | 8,847 | 8,858 |
LyondellBasell Industries NV | 5.750% | 4/15/24 | 13,225 | 15,010 |
Methanex Corp. | 4.250% | 12/1/24 | 3,500 | 3,537 |
Monsanto Co. | 2.200% | 7/15/22 | 2,150 | 2,078 |
Monsanto Co. | 3.375% | 7/15/24 | 5,598 | 5,670 |
Monsanto Co. | 2.850% | 4/15/25 | 8,300 | 8,115 |
Mosaic Co. | 4.250% | 11/15/23 | 10,050 | 10,406 |
Mosaic Co. | 4.050% | 11/15/27 | 5,250 | 5,261 |
NewMarket Corp. | 4.100% | 12/15/22 | 315 | 328 |
Nucor Corp. | 4.000% | 8/1/23 | 8,675 | 9,106 |
Packaging Corp. of America | 4.500% | 11/1/23 | 11,410 | 12,271 |
Packaging Corp. of America | 3.650% | 9/15/24 | 3,050 | 3,124 |
Potash Corp. of Saskatchewan Inc. | 3.625% | 3/15/24 | 4,750 | 4,861 |
Potash Corp. of Saskatchewan Inc. | 3.000% | 4/1/25 | 4,111 | 4,008 |
Potash Corp. of Saskatchewan Inc. | 4.000% | 12/15/26 | 9,655 | 10,008 |
Praxair Inc. | 2.700% | 2/21/23 | 1,250 | 1,251 |
Praxair Inc. | 2.650% | 2/5/25 | 1,956 | 1,933 |
Praxair Inc. | 3.200% | 1/30/26 | 4,937 | 5,070 |
Reliance Steel & Aluminum Co. | 4.500% | 4/15/23 | 2,440 | 2,572 |
Rio Tinto Finance USA Ltd. | 3.750% | 6/15/25 | 10,222 | 10,706 |
RPM International Inc. | 3.750% | 3/15/27 | 2,950 | 2,979 |
Sherwin-Williams Co. | 3.125% | 6/1/24 | 6,550 | 6,569 |
Sherwin-Williams Co. | 3.450% | 8/1/25 | 4,200 | 4,243 |
Sherwin-Williams Co. | 3.950% | 1/15/26 | 3,466 | 3,598 |
Sherwin-Williams Co. | 3.450% | 6/1/27 | 4,790 | 4,858 |
Southern Copper Corp. | 3.875% | 4/23/25 | 7,225 | 7,505 |
Vale Overseas Ltd. | 6.250% | 8/10/26 | 21,050 | 24,392 |
Westlake Chemical Corp. | 3.600% | 8/15/26 | 13,620 | 13,776 |
5 WestRock Co. | 3.000% | 9/15/24 | 1,455 | 1,435 |
5 WestRock Co. | 3.375% | 9/15/27 | 3,300 | 3,274 |
WestRock RKT Co. | 4.000% | 3/1/23 | 6,535 | 6,771 |
Weyerhaeuser Co. | 4.625% | 9/15/23 | 5,094 | 5,471 |
Weyerhaeuser Co. | 8.500% | 1/15/25 | 600 | 777 |
Yamana Gold Inc. | 4.950% | 7/15/24 | 3,105 | 3,241 |
52
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 Yamana Gold Inc. | 4.625% | 12/15/27 | 1,275 | 1,272 |
Capital Goods (1.8%) | ||||
3M Co. | 2.250% | 3/15/23 | 5,500 | 5,450 |
3M Co. | 3.000% | 8/7/25 | 2,100 | 2,125 |
3M Co. | 2.250% | 9/19/26 | 6,050 | 5,738 |
3M Co. | 2.875% | 10/15/27 | 6,000 | 5,965 |
Allegion US Holding Co. Inc. | 3.200% | 10/1/24 | 3,900 | 3,868 |
Allegion US Holding Co. Inc. | 3.550% | 10/1/27 | 3,750 | 3,688 |
Bemis Co. Inc. | 3.100% | 9/15/26 | 2,000 | 1,924 |
Boeing Co. | 1.875% | 6/15/23 | 5,000 | 4,808 |
Boeing Co. | 7.950% | 8/15/24 | 387 | 504 |
Boeing Co. | 2.850% | 10/30/24 | 4,651 | 4,681 |
Boeing Co. | 2.500% | 3/1/25 | 1,092 | 1,064 |
Boeing Co. | 2.600% | 10/30/25 | 3,400 | 3,335 |
Boeing Co. | 2.250% | 6/15/26 | 1,870 | 1,773 |
Boeing Co. | 2.800% | 3/1/27 | 3,412 | 3,381 |
Carlisle Cos. Inc. | 3.500% | 12/1/24 | 3,700 | 3,720 |
Carlisle Cos. Inc. | 3.750% | 12/1/27 | 5,450 | 5,506 |
Caterpillar Financial Services Corp. | 2.625% | 3/1/23 | 2,049 | 2,040 |
Caterpillar Financial Services Corp. | 3.750% | 11/24/23 | 5,402 | 5,677 |
Caterpillar Financial Services Corp. | 3.300% | 6/9/24 | 1,250 | 1,284 |
Caterpillar Financial Services Corp. | 3.250% | 12/1/24 | 2,183 | 2,231 |
Caterpillar Financial Services Corp. | 2.400% | 8/9/26 | 3,535 | 3,384 |
Caterpillar Inc. | 3.400% | 5/15/24 | 14,396 | 14,913 |
CNH Industrial NV | 4.500% | 8/15/23 | 6,070 | 6,313 |
CNH Industrial NV | 3.850% | 11/15/27 | 7,500 | 7,481 |
Crane Co. | 4.450% | 12/15/23 | 3,040 | 3,181 |
Dover Corp. | 3.150% | 11/15/25 | 4,014 | 4,069 |
Eagle Materials Inc. | 4.500% | 8/1/26 | 2,000 | 2,063 |
Eaton Corp. | 3.103% | 9/15/27 | 6,200 | 6,090 |
Embraer Netherlands Finance BV | 5.050% | 6/15/25 | 11,633 | 12,356 |
Embraer Netherlands Finance BV | 5.400% | 2/1/27 | 5,388 | 5,811 |
5 Embraer Overseas Ltd. | 5.696% | 9/16/23 | 5,000 | 5,491 |
Emerson Electric Co. | 2.625% | 2/15/23 | 4,275 | 4,261 |
Emerson Electric Co. | 3.150% | 6/1/25 | 3,300 | 3,338 |
Flowserve Corp. | 4.000% | 11/15/23 | 2,000 | 2,046 |
Fortive Corp. | 3.150% | 6/15/26 | 8,475 | 8,429 |
Fortune Brands Home & Security Inc. | 4.000% | 6/15/25 | 3,950 | 4,119 |
General Dynamics Corp. | 1.875% | 8/15/23 | 9,640 | 9,211 |
General Dynamics Corp. | 2.375% | 11/15/24 | 7,350 | 7,172 |
General Dynamics Corp. | 2.125% | 8/15/26 | 4,584 | 4,293 |
General Dynamics Corp. | 2.625% | 11/15/27 | 400 | 386 |
General Electric Co. | 3.100% | 1/9/23 | 13,283 | 13,478 |
General Electric Co. | 3.375% | 3/11/24 | 6,570 | 6,759 |
General Electric Co. | 3.450% | 5/15/24 | 5,746 | 5,923 |
Harris Corp. | 3.832% | 4/27/25 | 5,583 | 5,773 |
Hexcel Corp. | 4.700% | 8/15/25 | 1,500 | 1,604 |
Hexcel Corp. | 3.950% | 2/15/27 | 3,645 | 3,708 |
Honeywell International Inc. | 3.350% | 12/1/23 | 2,180 | 2,267 |
Honeywell International Inc. | 2.500% | 11/1/26 | 13,650 | 13,150 |
Hubbell Inc. | 3.350% | 3/1/26 | 3,380 | 3,415 |
Hubbell Inc. | 3.150% | 8/15/27 | 2,700 | 2,679 |
5 Huntington Ingalls Industries Inc. | 3.483% | 12/1/27 | 3,220 | 3,212 |
Illinois Tool Works Inc. | 3.500% | 3/1/24 | 8,950 | 9,357 |
Illinois Tool Works Inc. | 2.650% | 11/15/26 | 14,235 | 13,877 |
Ingersoll-Rand Global Holding Co. Ltd. | 4.250% | 6/15/23 | 7,587 | 8,055 |
Ingersoll-Rand Luxembourg Finance SA | 3.550% | 11/1/24 | 5,050 | 5,212 |
John Deere Capital Corp. | 2.800% | 1/27/23 | 3,456 | 3,467 |
John Deere Capital Corp. | 2.800% | 3/6/23 | 8,169 | 8,175 |
John Deere Capital Corp. | 3.350% | 6/12/24 | 7,010 | 7,217 |
John Deere Capital Corp. | 2.650% | 6/24/24 | 3,400 | 3,355 |
John Deere Capital Corp. | 3.400% | 9/11/25 | 2,300 | 2,372 |
John Deere Capital Corp. | 2.650% | 6/10/26 | 5,014 | 4,893 |
53
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
John Deere Capital Corp. | 2.800% | 9/8/27 | 7,050 | 6,906 |
Johnson Controls International plc | 3.625% | 7/2/24 | 2,725 | 2,824 |
Johnson Controls International plc | 3.900% | 2/14/26 | 6,625 | 6,928 |
L3 Technologies Inc. | 3.950% | 5/28/24 | 1,653 | 1,718 |
L3 Technologies Inc. | 3.850% | 12/15/26 | 6,503 | 6,689 |
Leggett & Platt Inc. | 3.800% | 11/15/24 | 3,200 | 3,257 |
Leggett & Platt Inc. | 3.500% | 11/15/27 | 6,000 | 5,938 |
Legrand France SA | 8.500% | 2/15/25 | 2,700 | 3,490 |
Lennox International Inc. | 3.000% | 11/15/23 | 2,550 | 2,522 |
Lockheed Martin Corp. | 3.100% | 1/15/23 | 5,545 | 5,632 |
Lockheed Martin Corp. | 2.900% | 3/1/25 | 5,316 | 5,291 |
Lockheed Martin Corp. | 3.550% | 1/15/26 | 18,423 | 19,122 |
Martin Marietta Materials Inc. | 4.250% | 7/2/24 | 2,790 | 2,941 |
Martin Marietta Materials Inc. | 3.450% | 6/1/27 | 4,575 | 4,515 |
Martin Marietta Materials Inc. | 3.500% | 12/15/27 | 4,200 | 4,168 |
Masco Corp. | 4.450% | 4/1/25 | 5,193 | 5,512 |
Masco Corp. | 4.375% | 4/1/26 | 5,064 | 5,347 |
Masco Corp. | 3.500% | 11/15/27 | 750 | 739 |
Mohawk Industries Inc. | 3.850% | 2/1/23 | 6,487 | 6,705 |
Northrop Grumman Corp. | 3.250% | 8/1/23 | 14,043 | 14,327 |
Northrop Grumman Corp. | 2.930% | 1/15/25 | 11,800 | 11,684 |
Northrop Grumman Corp. | 3.200% | 2/1/27 | 3,400 | 3,412 |
Northrop Grumman Systems Corp. | 7.875% | 3/1/26 | 525 | 684 |
Owens Corning | 4.200% | 12/1/24 | 3,250 | 3,402 |
Owens Corning | 3.400% | 8/15/26 | 7,260 | 7,130 |
Parker-Hannifin Corp. | 3.300% | 11/21/24 | 4,550 | 4,650 |
Parker-Hannifin Corp. | 3.250% | 3/1/27 | 8,147 | 8,215 |
Precision Castparts Corp. | 2.500% | 1/15/23 | 9,100 | 9,030 |
Precision Castparts Corp. | 3.250% | 6/15/25 | 12,443 | 12,729 |
Raytheon Co. | 3.150% | 12/15/24 | 2,905 | 2,964 |
Republic Services Inc. | 4.750% | 5/15/23 | 2,163 | 2,357 |
Republic Services Inc. | 3.200% | 3/15/25 | 10,076 | 10,118 |
Republic Services Inc. | 2.900% | 7/1/26 | 1,133 | 1,105 |
Republic Services Inc. | 3.375% | 11/15/27 | 3,900 | 3,929 |
Rockwell Automation Inc. | 2.875% | 3/1/25 | 773 | 762 |
Rockwell Collins Inc. | 3.700% | 12/15/23 | 2,510 | 2,592 |
Rockwell Collins Inc. | 3.200% | 3/15/24 | 9,060 | 9,118 |
Rockwell Collins Inc. | 3.500% | 3/15/27 | 12,676 | 12,871 |
Roper Technologies Inc. | 3.850% | 12/15/25 | 1,575 | 1,627 |
Roper Technologies Inc. | 3.800% | 12/15/26 | 11,150 | 11,496 |
Snap-on Inc. | 3.250% | 3/1/27 | 2,575 | 2,615 |
Spirit AeroSystems Inc. | 3.850% | 6/15/26 | 4,000 | 4,044 |
Textron Inc. | 4.300% | 3/1/24 | 2,500 | 2,651 |
Textron Inc. | 3.875% | 3/1/25 | 2,220 | 2,302 |
Textron Inc. | 4.000% | 3/15/26 | 3,770 | 3,929 |
Textron Inc. | 3.650% | 3/15/27 | 6,658 | 6,739 |
The Timken Co. | 3.875% | 9/1/24 | 3,150 | 3,163 |
United Technologies Corp. | 2.800% | 5/4/24 | 11,275 | 11,188 |
United Technologies Corp. | 2.650% | 11/1/26 | 9,725 | 9,357 |
United Technologies Corp. | 3.125% | 5/4/27 | 5,150 | 5,142 |
Vulcan Materials Co. | 4.500% | 4/1/25 | 3,300 | 3,508 |
Wabtec Corp. | 3.450% | 11/15/26 | 6,880 | 6,713 |
Waste Management Inc. | 2.400% | 5/15/23 | 4,825 | 4,731 |
Waste Management Inc. | 3.500% | 5/15/24 | 4,010 | 4,153 |
Waste Management Inc. | 3.125% | 3/1/25 | 7,436 | 7,488 |
Waste Management Inc. | 3.150% | 11/15/27 | 6,975 | 6,943 |
Xylem Inc. | 3.250% | 11/1/26 | 4,685 | 4,658 |
Communication (3.2%) | ||||
21st Century Fox America Inc. | 4.000% | 10/1/23 | 2,475 | 2,597 |
21st Century Fox America Inc. | 3.700% | 9/15/24 | 3,825 | 3,985 |
21st Century Fox America Inc. | 3.700% | 10/15/25 | 5,250 | 5,479 |
21st Century Fox America Inc. | 3.375% | 11/15/26 | 1,600 | 1,636 |
Activision Blizzard Inc. | 3.400% | 9/15/26 | 11,225 | 11,314 |
54
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Activision Blizzard Inc. | 3.400% | 6/15/27 | 2,200 | 2,204 |
American Tower Corp. | 3.500% | 1/31/23 | 13,911 | 14,205 |
American Tower Corp. | 5.000% | 2/15/24 | 9,228 | 10,072 |
American Tower Corp. | 4.000% | 6/1/25 | 10,335 | 10,650 |
American Tower Corp. | 4.400% | 2/15/26 | 5,575 | 5,857 |
American Tower Corp. | 3.375% | 10/15/26 | 5,580 | 5,472 |
American Tower Corp. | 3.550% | 7/15/27 | 4,750 | 4,688 |
American Tower Corp. | 3.600% | 1/15/28 | 4,125 | 4,100 |
AT&T Inc. | 2.850% | 2/14/23 | 16,400 | 16,458 |
AT&T Inc. | 3.600% | 2/17/23 | 23,427 | 23,961 |
AT&T Inc. | 3.800% | 3/1/24 | 7,468 | 7,639 |
AT&T Inc. | 4.450% | 4/1/24 | 16,456 | 17,368 |
AT&T Inc. | 3.400% | 8/14/24 | 28,060 | 28,217 |
AT&T Inc. | 3.950% | 1/15/25 | 12,902 | 13,169 |
AT&T Inc. | 3.400% | 5/15/25 | 46,027 | 45,304 |
AT&T Inc. | 4.125% | 2/17/26 | 24,938 | 25,421 |
AT&T Inc. | 4.250% | 3/1/27 | 18,998 | 19,367 |
AT&T Inc. | 3.900% | 8/14/27 | 46,050 | 46,363 |
CBS Corp. | 2.500% | 2/15/23 | 5,600 | 5,454 |
5 CBS Corp. | 2.900% | 6/1/23 | 1,475 | 1,449 |
CBS Corp. | 3.700% | 8/15/24 | 6,545 | 6,717 |
CBS Corp. | 3.500% | 1/15/25 | 5,500 | 5,515 |
CBS Corp. | 4.000% | 1/15/26 | 7,403 | 7,549 |
CBS Corp. | 2.900% | 1/15/27 | 6,200 | 5,806 |
CC Holdings GS V LLC / Crown Castle GS III Corp. | 3.849% | 4/15/23 | 10,484 | 10,820 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 4.908% | 7/23/25 | 45,510 | 48,137 |
Comcast Corp. | 2.850% | 1/15/23 | 6,155 | 6,208 |
Comcast Corp. | 2.750% | 3/1/23 | 11,666 | 11,680 |
Comcast Corp. | 3.000% | 2/1/24 | 11,225 | 11,309 |
Comcast Corp. | 3.600% | 3/1/24 | 8,848 | 9,203 |
Comcast Corp. | 3.375% | 2/15/25 | 12,181 | 12,523 |
Comcast Corp. | 3.375% | 8/15/25 | 12,250 | 12,565 |
Comcast Corp. | 3.150% | 3/1/26 | 17,946 | 18,094 |
Comcast Corp. | 2.350% | 1/15/27 | 13,885 | 13,097 |
Comcast Corp. | 3.300% | 2/1/27 | 14,425 | 14,715 |
Crown Castle International Corp. | 5.250% | 1/15/23 | 15,486 | 16,955 |
Crown Castle International Corp. | 3.200% | 9/1/24 | 10,400 | 10,262 |
Crown Castle International Corp. | 4.450% | 2/15/26 | 10,603 | 11,130 |
Crown Castle International Corp. | 3.700% | 6/15/26 | 10,674 | 10,655 |
Crown Castle International Corp. | 4.000% | 3/1/27 | 5,750 | 5,872 |
Crown Castle International Corp. | 3.650% | 9/1/27 | 5,850 | 5,810 |
Discovery Communications LLC | 2.950% | 3/20/23 | 10,400 | 10,273 |
Discovery Communications LLC | 3.250% | 4/1/23 | 2,358 | 2,343 |
Discovery Communications LLC | 3.800% | 3/13/24 | 4,850 | 4,918 |
Discovery Communications LLC | 3.450% | 3/15/25 | 3,900 | 3,828 |
Discovery Communications LLC | 4.900% | 3/11/26 | 6,541 | 6,970 |
Electronic Arts Inc. | 4.800% | 3/1/26 | 4,500 | 4,934 |
Grupo Televisa SAB | 6.625% | 3/18/25 | 2,100 | 2,485 |
Grupo Televisa SAB | 4.625% | 1/30/26 | 6,135 | 6,499 |
Interpublic Group of Cos. Inc. | 3.750% | 2/15/23 | 2,750 | 2,824 |
Interpublic Group of Cos. Inc. | 4.200% | 4/15/24 | 7,052 | 7,399 |
5 Moody's Corp. | 2.625% | 1/15/23 | 2,700 | 2,670 |
Moody's Corp. | 4.875% | 2/15/24 | 6,745 | 7,413 |
NBCUniversal Media LLC | 2.875% | 1/15/23 | 12,882 | 12,997 |
Omnicom Group Inc. | 3.650% | 11/1/24 | 13,665 | 13,943 |
Omnicom Group Inc. | 3.600% | 4/15/26 | 8,200 | 8,291 |
Rogers Communications Inc. | 3.000% | 3/15/23 | 5,495 | 5,499 |
Rogers Communications Inc. | 4.100% | 10/1/23 | 7,840 | 8,239 |
Rogers Communications Inc. | 3.625% | 12/15/25 | 5,150 | 5,257 |
Rogers Communications Inc. | 2.900% | 11/15/26 | 5,200 | 5,028 |
S&P Global Inc. | 4.000% | 6/15/25 | 11,200 | 11,779 |
S&P Global Inc. | 4.400% | 2/15/26 | 6,515 | 7,024 |
S&P Global Inc. | 2.950% | 1/22/27 | 4,624 | 4,500 |
55
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Scripps Networks Interactive Inc. | 3.900% | 11/15/24 | 5,300 | 5,414 |
Scripps Networks Interactive Inc. | 3.950% | 6/15/25 | 5,225 | 5,294 |
Telefonica Emisiones SAU | 4.570% | 4/27/23 | 6,859 | 7,379 |
Telefonica Emisiones SAU | 4.103% | 3/8/27 | 13,720 | 14,142 |
TELUS Corp. | 2.800% | 2/16/27 | 5,550 | 5,272 |
Thomson Reuters Corp. | 4.300% | 11/23/23 | 5,150 | 5,442 |
Thomson Reuters Corp. | 3.850% | 9/29/24 | 3,979 | 4,099 |
Thomson Reuters Corp. | 3.350% | 5/15/26 | 8,600 | 8,529 |
Time Warner Entertainment Co. LP | 8.375% | 3/15/23 | 5,253 | 6,384 |
Time Warner Inc. | 4.050% | 12/15/23 | 3,275 | 3,406 |
Time Warner Inc. | 3.550% | 6/1/24 | 6,850 | 6,955 |
Time Warner Inc. | 3.600% | 7/15/25 | 13,730 | 13,735 |
Time Warner Inc. | 3.875% | 1/15/26 | 7,175 | 7,279 |
Time Warner Inc. | 2.950% | 7/15/26 | 530 | 502 |
Time Warner Inc. | 3.800% | 2/15/27 | 20,702 | 20,663 |
Verizon Communications Inc. | 5.150% | 9/15/23 | 52,694 | 58,603 |
Verizon Communications Inc. | 4.150% | 3/15/24 | 11,810 | 12,433 |
Verizon Communications Inc. | 3.500% | 11/1/24 | 23,677 | 24,102 |
5 Verizon Communications Inc. | 3.376% | 2/15/25 | 37,615 | 37,709 |
Verizon Communications Inc. | 2.625% | 8/15/26 | 20,332 | 19,142 |
Verizon Communications Inc. | 4.125% | 3/16/27 | 30,650 | 31,987 |
Viacom Inc. | 4.250% | 9/1/23 | 10,450 | 10,610 |
Viacom Inc. | 3.875% | 4/1/24 | 6,370 | 6,349 |
Viacom Inc. | 3.450% | 10/4/26 | 3,515 | 3,337 |
Vodafone Group plc | 2.950% | 2/19/23 | 13,573 | 13,647 |
Walt Disney Co. | 3.150% | 9/17/25 | 7,000 | 7,108 |
Walt Disney Co. | 3.000% | 2/13/26 | 9,208 | 9,211 |
Walt Disney Co. | 1.850% | 7/30/26 | 16,655 | 15,235 |
Walt Disney Co. | 2.950% | 6/15/27 | 4,000 | 3,969 |
WPP Finance 2010 | 3.750% | 9/19/24 | 6,873 | 7,006 |
Consumer Cyclical (3.2%) | ||||
Advance Auto Parts Inc. | 4.500% | 12/1/23 | 3,946 | 4,143 |
Alibaba Group Holding Ltd. | 2.800% | 6/6/23 | 3,750 | 3,728 |
Alibaba Group Holding Ltd. | 3.600% | 11/28/24 | 20,000 | 20,750 |
Alibaba Group Holding Ltd. | 3.400% | 12/6/27 | 19,500 | 19,492 |
5 Amazon.com Inc. | 2.400% | 2/22/23 | 13,500 | 13,355 |
5 Amazon.com Inc. | 2.800% | 8/22/24 | 18,050 | 17,991 |
Amazon.com Inc. | 3.800% | 12/5/24 | 6,939 | 7,330 |
Amazon.com Inc. | 5.200% | 12/3/25 | 8,900 | 10,213 |
5 Amazon.com Inc. | 3.150% | 8/22/27 | 30,000 | 30,038 |
American Honda Finance Corp. | 2.900% | 2/16/24 | 5,975 | 5,983 |
American Honda Finance Corp. | 2.300% | 9/9/26 | 2,300 | 2,168 |
Aptiv plc | 4.250% | 1/15/26 | 5,400 | 5,726 |
Automatic Data Processing Inc. | 3.375% | 9/15/25 | 7,840 | 8,082 |
AutoNation Inc. | 3.500% | 11/15/24 | 4,300 | 4,252 |
AutoNation Inc. | 4.500% | 10/1/25 | 3,740 | 3,921 |
AutoNation Inc. | 3.800% | 11/15/27 | 3,500 | 3,460 |
AutoZone Inc. | 2.875% | 1/15/23 | 125 | 125 |
AutoZone Inc. | 3.125% | 7/15/23 | 3,180 | 3,196 |
AutoZone Inc. | 3.250% | 4/15/25 | 4,120 | 4,105 |
AutoZone Inc. | 3.125% | 4/21/26 | 4,100 | 3,989 |
AutoZone Inc. | 3.750% | 6/1/27 | 6,100 | 6,190 |
Bed Bath & Beyond Inc. | 3.749% | 8/1/24 | 1,925 | 1,913 |
Block Financial LLC | 5.250% | 10/1/25 | 4,450 | 4,736 |
BorgWarner Inc. | 3.375% | 3/15/25 | 2,950 | 2,967 |
Costco Wholesale Corp. | 2.750% | 5/18/24 | 11,251 | 11,228 |
Costco Wholesale Corp. | 3.000% | 5/18/27 | 8,800 | 8,804 |
Cummins Inc. | 3.650% | 10/1/23 | 2,989 | 3,146 |
CVS Health Corp. | 4.000% | 12/5/23 | 9,778 | 10,173 |
CVS Health Corp. | 3.375% | 8/12/24 | 8,225 | 8,240 |
CVS Health Corp. | 3.875% | 7/20/25 | 26,107 | 26,883 |
CVS Health Corp. | 2.875% | 6/1/26 | 17,682 | 16,964 |
Darden Restaurants Inc. | 3.850% | 5/1/27 | 4,050 | 4,118 |
56
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Delphi Corp. | 4.150% | 3/15/24 | 6,516 | 6,894 |
Dollar General Corp. | 3.250% | 4/15/23 | 4,495 | 4,553 |
Dollar General Corp. | 4.150% | 11/1/25 | 6,912 | 7,341 |
Dollar General Corp. | 3.875% | 4/15/27 | 4,250 | 4,435 |
DR Horton Inc. | 4.750% | 2/15/23 | 2,500 | 2,670 |
DR Horton Inc. | 5.750% | 8/15/23 | 3,600 | 4,038 |
eBay Inc. | 2.750% | 1/30/23 | 5,070 | 5,017 |
eBay Inc. | 3.450% | 8/1/24 | 6,825 | 6,911 |
eBay Inc. | 3.600% | 6/5/27 | 7,450 | 7,383 |
Expedia Inc. | 4.500% | 8/15/24 | 3,610 | 3,771 |
Expedia Inc. | 5.000% | 2/15/26 | 6,495 | 6,944 |
Ford Motor Co. | 4.346% | 12/8/26 | 13,475 | 14,043 |
Ford Motor Credit Co. LLC | 3.096% | 5/4/23 | 5,750 | 5,703 |
Ford Motor Credit Co. LLC | 4.375% | 8/6/23 | 10,050 | 10,554 |
Ford Motor Credit Co. LLC | 3.810% | 1/9/24 | 10,100 | 10,316 |
Ford Motor Credit Co. LLC | 3.664% | 9/8/24 | 12,150 | 12,271 |
Ford Motor Credit Co. LLC | 4.134% | 8/4/25 | 14,413 | 14,925 |
Ford Motor Credit Co. LLC | 4.389% | 1/8/26 | 10,885 | 11,390 |
Ford Motor Credit Co. LLC | 3.815% | 11/2/27 | 5,880 | 5,856 |
General Motors Co. | 4.875% | 10/2/23 | 15,843 | 17,094 |
General Motors Co. | 4.000% | 4/1/25 | 2,283 | 2,340 |
General Motors Co. | 4.200% | 10/1/27 | 175 | 180 |
General Motors Financial Co. Inc. | 3.700% | 5/9/23 | 12,690 | 12,948 |
General Motors Financial Co. Inc. | 4.250% | 5/15/23 | 6,396 | 6,669 |
General Motors Financial Co. Inc. | 3.950% | 4/13/24 | 14,200 | 14,602 |
General Motors Financial Co. Inc. | 3.500% | 11/7/24 | 16,250 | 16,148 |
General Motors Financial Co. Inc. | 4.000% | 1/15/25 | 10,280 | 10,556 |
General Motors Financial Co. Inc. | 4.300% | 7/13/25 | 6,821 | 7,099 |
General Motors Financial Co. Inc. | 5.250% | 3/1/26 | 9,000 | 9,872 |
General Motors Financial Co. Inc. | 4.000% | 10/6/26 | 8,110 | 8,221 |
General Motors Financial Co. Inc. | 4.350% | 1/17/27 | 10,192 | 10,598 |
Harley-Davidson Inc. | 3.500% | 7/28/25 | 7,900 | 8,061 |
Harman International Industries Inc. | 4.150% | 5/15/25 | 2,600 | 2,705 |
Home Depot Inc. | 2.700% | 4/1/23 | 7,475 | 7,531 |
Home Depot Inc. | 3.750% | 2/15/24 | 9,225 | 9,723 |
Home Depot Inc. | 3.350% | 9/15/25 | 11,682 | 12,039 |
Home Depot Inc. | 3.000% | 4/1/26 | 12,777 | 12,782 |
Home Depot Inc. | 2.125% | 9/15/26 | 7,900 | 7,383 |
Home Depot Inc. | 2.800% | 9/14/27 | 5,800 | 5,696 |
Hyatt Hotels Corp. | 3.375% | 7/15/23 | 2,025 | 2,066 |
Hyatt Hotels Corp. | 4.850% | 3/15/26 | 3,643 | 3,965 |
JD.com Inc. | 3.875% | 4/29/26 | 4,825 | 4,842 |
Kohl's Corp. | 3.250% | 2/1/23 | 3,460 | 3,430 |
Kohl's Corp. | 4.750% | 12/15/23 | 2,250 | 2,373 |
Kohl's Corp. | 4.250% | 7/17/25 | 5,150 | 5,242 |
Lear Corp. | 5.375% | 3/15/24 | 1,464 | 1,537 |
Lear Corp. | 5.250% | 1/15/25 | 6,365 | 6,763 |
Lear Corp. | 3.800% | 9/15/27 | 5,200 | 5,180 |
Lowe's Cos. Inc. | 3.875% | 9/15/23 | 6,950 | 7,324 |
Lowe's Cos. Inc. | 3.125% | 9/15/24 | 2,461 | 2,495 |
Lowe's Cos. Inc. | 3.375% | 9/15/25 | 14,105 | 14,501 |
Lowe's Cos. Inc. | 2.500% | 4/15/26 | 10,575 | 10,118 |
Lowe's Cos. Inc. | 3.100% | 5/3/27 | 14,995 | 15,050 |
Macy's Retail Holdings Inc. | 2.875% | 2/15/23 | 11,038 | 10,320 |
Macy's Retail Holdings Inc. | 4.375% | 9/1/23 | 3,495 | 3,525 |
Macy's Retail Holdings Inc. | 3.625% | 6/1/24 | 5,045 | 4,857 |
Magna International Inc. | 3.625% | 6/15/24 | 8,000 | 8,256 |
Magna International Inc. | 4.150% | 10/1/25 | 5,500 | 5,854 |
Marriott International Inc. | 3.750% | 3/15/25 | 2,500 | 2,568 |
Marriott International Inc. | 3.750% | 10/1/25 | 2,735 | 2,812 |
Marriott International Inc. | 3.125% | 6/15/26 | 8,675 | 8,529 |
Mastercard Inc. | 3.375% | 4/1/24 | 8,480 | 8,800 |
Mastercard Inc. | 2.950% | 11/21/26 | 10,450 | 10,446 |
McDonald's Corp. | 3.375% | 5/26/25 | 6,587 | 6,739 |
57
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
McDonald's Corp. | 3.700% | 1/30/26 | 15,578 | 16,236 |
McDonald's Corp. | 3.500% | 3/1/27 | 12,300 | 12,675 |
NIKE Inc. | 2.250% | 5/1/23 | 2,623 | 2,604 |
NIKE Inc. | 2.375% | 11/1/26 | 7,525 | 7,154 |
Nordstrom Inc. | 4.000% | 3/15/27 | 3,400 | 3,365 |
O'Reilly Automotive Inc. | 3.850% | 6/15/23 | 3,675 | 3,845 |
O'Reilly Automotive Inc. | 3.550% | 3/15/26 | 3,562 | 3,586 |
O'Reilly Automotive Inc. | 3.600% | 9/1/27 | 6,430 | 6,438 |
Priceline Group Inc. | 2.750% | 3/15/23 | 4,901 | 4,829 |
Priceline Group Inc. | 3.650% | 3/15/25 | 6,850 | 6,930 |
Priceline Group Inc. | 3.600% | 6/1/26 | 7,570 | 7,600 |
QVC Inc. | 4.375% | 3/15/23 | 8,051 | 8,231 |
QVC Inc. | 4.850% | 4/1/24 | 7,925 | 8,292 |
QVC Inc. | 4.450% | 2/15/25 | 1,265 | 1,293 |
Royal Caribbean Cruises Ltd. | 3.700% | 3/15/28 | 3,000 | 2,966 |
Starbucks Corp. | 3.850% | 10/1/23 | 7,935 | 8,415 |
Starbucks Corp. | 2.450% | 6/15/26 | 3,600 | 3,449 |
Tapestry Inc. | 4.250% | 4/1/25 | 5,000 | 5,108 |
Tapestry Inc. | 4.125% | 7/15/27 | 5,600 | 5,605 |
Target Corp. | 3.500% | 7/1/24 | 7,436 | 7,737 |
Target Corp. | 2.500% | 4/15/26 | 9,458 | 9,077 |
TJX Cos. Inc. | 2.500% | 5/15/23 | 4,575 | 4,490 |
TJX Cos. Inc. | 2.250% | 9/15/26 | 8,595 | 8,064 |
Toyota Motor Credit Corp. | 2.625% | 1/10/23 | 3,280 | 3,279 |
Toyota Motor Credit Corp. | 2.250% | 10/18/23 | 5,500 | 5,370 |
Toyota Motor Credit Corp. | 2.900% | 4/17/24 | 6,250 | 6,309 |
Toyota Motor Credit Corp. | 3.200% | 1/11/27 | 7,670 | 7,776 |
Visa Inc. | 3.150% | 12/14/25 | 40,400 | 41,255 |
Visa Inc. | 2.750% | 9/15/27 | 5,500 | 5,424 |
Wal-Mart Stores Inc. | 2.350% | 12/15/22 | 8,425 | 8,380 |
Wal-Mart Stores Inc. | 2.550% | 4/11/23 | 20,281 | 20,346 |
Wal-Mart Stores Inc. | 3.300% | 4/22/24 | 15,693 | 16,277 |
Wal-Mart Stores Inc. | 2.650% | 12/15/24 | 12,100 | 12,088 |
Walgreens Boots Alliance Inc. | 3.800% | 11/18/24 | 20,578 | 21,022 |
Walgreens Boots Alliance Inc. | 3.450% | 6/1/26 | 23,610 | 23,347 |
Wyndham Worldwide Corp. | 3.900% | 3/1/23 | 7,125 | 7,061 |
Wyndham Worldwide Corp. | 5.100% | 10/1/25 | 2,790 | 2,940 |
Wyndham Worldwide Corp. | 4.500% | 4/1/27 | 2,000 | 2,036 |
Consumer Noncyclical (6.2%) | ||||
Abbott Laboratories | 3.250% | 4/15/23 | 6,710 | 6,790 |
Abbott Laboratories | 3.400% | 11/30/23 | 22,875 | 23,274 |
Abbott Laboratories | 2.950% | 3/15/25 | 6,025 | 5,931 |
Abbott Laboratories | 3.875% | 9/15/25 | 2,265 | 2,349 |
Abbott Laboratories | 3.750% | 11/30/26 | 29,105 | 29,894 |
AbbVie Inc. | 2.850% | 5/14/23 | 11,217 | 11,192 |
AbbVie Inc. | 3.600% | 5/14/25 | 35,019 | 35,990 |
AbbVie Inc. | 3.200% | 5/14/26 | 23,261 | 23,185 |
Agilent Technologies Inc. | 3.875% | 7/15/23 | 5,470 | 5,671 |
Agilent Technologies Inc. | 3.050% | 9/22/26 | 2,500 | 2,412 |
Allergan Funding SCS | 3.850% | 6/15/24 | 13,825 | 14,147 |
Allergan Funding SCS | 3.800% | 3/15/25 | 38,725 | 39,269 |
Allergan Inc. | 2.800% | 3/15/23 | 4,450 | 4,375 |
Altria Group Inc. | 2.950% | 5/2/23 | 4,150 | 4,161 |
Altria Group Inc. | 4.000% | 1/31/24 | 12,940 | 13,723 |
Altria Group Inc. | 2.625% | 9/16/26 | 4,160 | 4,021 |
AmerisourceBergen Corp. | 3.400% | 5/15/24 | 4,900 | 4,989 |
AmerisourceBergen Corp. | 3.250% | 3/1/25 | 3,875 | 3,906 |
AmerisourceBergen Corp. | 3.450% | 12/15/27 | 5,500 | 5,461 |
Amgen Inc. | 2.250% | 8/19/23 | 7,150 | 6,930 |
Amgen Inc. | 3.625% | 5/22/24 | 12,550 | 13,058 |
Amgen Inc. | 3.125% | 5/1/25 | 8,435 | 8,468 |
Amgen Inc. | 2.600% | 8/19/26 | 10,715 | 10,261 |
Amgen Inc. | 3.200% | 11/2/27 | 6,630 | 6,644 |
58
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Anheuser-Busch InBev Finance Inc. | 2.625% | 1/17/23 | 12,197 | 12,129 |
Anheuser-Busch InBev Finance Inc. | 3.300% | 2/1/23 | 55,515 | 56,754 |
Anheuser-Busch InBev Finance Inc. | 3.700% | 2/1/24 | 13,860 | 14,486 |
Anheuser-Busch InBev Finance Inc. | 3.650% | 2/1/26 | 104,085 | 107,361 |
Archer-Daniels-Midland Co. | 2.500% | 8/11/26 | 9,253 | 8,833 |
AstraZeneca plc | 3.375% | 11/16/25 | 13,216 | 13,408 |
AstraZeneca plc | 3.125% | 6/12/27 | 6,875 | 6,803 |
5 BAT Capital Corp. | 3.222% | 8/15/24 | 21,904 | 21,906 |
5 BAT Capital Corp. | 3.557% | 8/15/27 | 32,600 | 32,632 |
Baxalta Inc. | 4.000% | 6/23/25 | 18,747 | 19,365 |
Baxter International Inc. | 2.600% | 8/15/26 | 5,867 | 5,585 |
Beam Suntory Inc. | 3.250% | 6/15/23 | 500 | 506 |
Becton Dickinson & Co. | 3.875% | 5/15/24 | 1,231 | 1,248 |
Becton Dickinson & Co. | 3.363% | 6/6/24 | 13,650 | 13,696 |
Becton Dickinson & Co. | 3.734% | 12/15/24 | 17,447 | 17,843 |
Becton Dickinson & Co. | 3.700% | 6/6/27 | 20,700 | 20,856 |
Biogen Inc. | 4.050% | 9/15/25 | 18,510 | 19,596 |
Boston Scientific Corp. | 4.125% | 10/1/23 | 3,906 | 4,089 |
Boston Scientific Corp. | 3.850% | 5/15/25 | 4,550 | 4,678 |
Bristol-Myers Squibb Co. | 7.150% | 6/15/23 | 425 | 516 |
Bristol-Myers Squibb Co. | 3.250% | 11/1/23 | 1,200 | 1,243 |
Bristol-Myers Squibb Co. | 3.250% | 2/27/27 | 7,067 | 7,256 |
Bunge Ltd. Finance Corp. | 3.250% | 8/15/26 | 6,012 | 5,739 |
Bunge Ltd. Finance Corp. | 3.750% | 9/25/27 | 7,200 | 7,036 |
Campbell Soup Co. | 3.300% | 3/19/25 | 900 | 897 |
Cardinal Health Inc. | 3.200% | 3/15/23 | 3,000 | 3,002 |
Cardinal Health Inc. | 3.079% | 6/15/24 | 11,098 | 10,922 |
Cardinal Health Inc. | 3.750% | 9/15/25 | 3,325 | 3,389 |
Cardinal Health Inc. | 3.410% | 6/15/27 | 12,565 | 12,292 |
Celgene Corp. | 2.750% | 2/15/23 | 6,640 | 6,570 |
Celgene Corp. | 4.000% | 8/15/23 | 5,350 | 5,592 |
Celgene Corp. | 3.625% | 5/15/24 | 10,242 | 10,530 |
Celgene Corp. | 3.875% | 8/15/25 | 24,015 | 24,832 |
Celgene Corp. | 3.450% | 11/15/27 | 4,685 | 4,695 |
Church & Dwight Co. Inc. | 3.150% | 8/1/27 | 2,250 | 2,214 |
Clorox Co. | 3.500% | 12/15/24 | 5,000 | 5,138 |
Clorox Co. | 3.100% | 10/1/27 | 3,550 | 3,551 |
Coca-Cola Bottling Co. Consolidated | 3.800% | 11/25/25 | 3,620 | 3,671 |
Coca-Cola Co. | 2.500% | 4/1/23 | 8,184 | 8,202 |
Coca-Cola Co. | 3.200% | 11/1/23 | 10,560 | 10,938 |
Coca-Cola Co. | 2.875% | 10/27/25 | 14,500 | 14,561 |
Coca-Cola Co. | 2.550% | 6/1/26 | 2,000 | 1,949 |
Coca-Cola Co. | 2.250% | 9/1/26 | 12,350 | 11,726 |
Coca-Cola Co. | 2.900% | 5/25/27 | 4,500 | 4,513 |
Coca-Cola Femsa SAB de CV | 3.875% | 11/26/23 | 7,900 | 8,202 |
Colgate-Palmolive Co. | 1.950% | 2/1/23 | 5,000 | 4,859 |
Colgate-Palmolive Co. | 2.100% | 5/1/23 | 3,432 | 3,353 |
Colgate-Palmolive Co. | 3.250% | 3/15/24 | 4,895 | 5,043 |
Conagra Brands Inc. | 3.250% | 9/15/22 | 2,525 | 2,552 |
Conagra Brands Inc. | 3.200% | 1/25/23 | 5,183 | 5,237 |
Constellation Brands Inc. | 4.250% | 5/1/23 | 15,600 | 16,526 |
Constellation Brands Inc. | 4.750% | 11/15/24 | 4,100 | 4,490 |
Constellation Brands Inc. | 4.750% | 12/1/25 | 2,617 | 2,876 |
Constellation Brands Inc. | 3.700% | 12/6/26 | 6,010 | 6,178 |
Constellation Brands Inc. | 3.500% | 5/9/27 | 4,500 | 4,577 |
CR Bard Inc. | 3.000% | 5/15/26 | 4,050 | 3,984 |
Danaher Corp. | 3.350% | 9/15/25 | 4,475 | 4,624 |
Diageo Capital plc | 2.625% | 4/29/23 | 9,960 | 9,943 |
Dignity Health California GO | 3.812% | 11/1/24 | 3,000 | 3,085 |
Dr Pepper Snapple Group Inc. | 3.130% | 12/15/23 | 9,525 | 9,626 |
Dr Pepper Snapple Group Inc. | 3.400% | 11/15/25 | 1,900 | 1,918 |
Dr Pepper Snapple Group Inc. | 2.550% | 9/15/26 | 2,600 | 2,455 |
Dr Pepper Snapple Group Inc. | 3.430% | 6/15/27 | 525 | 526 |
5 Dr Pepper Snapple Group Inc. | 3.430% | 6/15/27 | 2,500 | 2,501 |
59
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Eli Lilly & Co. | 2.750% | 6/1/25 | 7,165 | 7,196 |
Eli Lilly & Co. | 3.100% | 5/15/27 | 6,875 | 6,973 |
Estee Lauder Cos. Inc. | 3.150% | 3/15/27 | 6,100 | 6,141 |
Express Scripts Holding Co. | 3.000% | 7/15/23 | 16,416 | 16,346 |
Express Scripts Holding Co. | 3.500% | 6/15/24 | 8,200 | 8,254 |
Express Scripts Holding Co. | 4.500% | 2/25/26 | 21,586 | 22,908 |
Express Scripts Holding Co. | 3.400% | 3/1/27 | 14,758 | 14,434 |
Flowers Foods Inc. | 3.500% | 10/1/26 | 1,600 | 1,560 |
Fomento Economico Mexicano SAB de CV | 2.875% | 5/10/23 | 1,950 | 1,932 |
General Mills Inc. | 3.650% | 2/15/24 | 2,359 | 2,474 |
General Mills Inc. | 3.200% | 2/10/27 | 5,700 | 5,662 |
Gilead Sciences Inc. | 2.500% | 9/1/23 | 10,612 | 10,460 |
Gilead Sciences Inc. | 3.700% | 4/1/24 | 19,433 | 20,287 |
Gilead Sciences Inc. | 3.500% | 2/1/25 | 17,210 | 17,739 |
Gilead Sciences Inc. | 3.650% | 3/1/26 | 25,543 | 26,447 |
Gilead Sciences Inc. | 2.950% | 3/1/27 | 10,717 | 10,518 |
GlaxoSmithKline Capital Inc. | 2.800% | 3/18/23 | 6,720 | 6,783 |
Hasbro Inc. | 3.500% | 9/15/27 | 4,375 | 4,285 |
Hershey Co. | 2.625% | 5/1/23 | 1,250 | 1,257 |
Hershey Co. | 3.200% | 8/21/25 | 1,900 | 1,911 |
Hershey Co. | 2.300% | 8/15/26 | 4,563 | 4,281 |
Ingredion Inc. | 3.200% | 10/1/26 | 4,330 | 4,247 |
JM Smucker Co. | 3.500% | 3/15/25 | 9,275 | 9,474 |
JM Smucker Co. | 3.375% | 12/15/27 | 5,300 | 5,305 |
Johnson & Johnson | 2.050% | 3/1/23 | 7,150 | 7,000 |
Johnson & Johnson | 3.375% | 12/5/23 | 6,865 | 7,169 |
Johnson & Johnson | 2.625% | 1/15/25 | 6,300 | 6,232 |
Johnson & Johnson | 2.450% | 3/1/26 | 16,625 | 16,174 |
Johnson & Johnson | 2.950% | 3/3/27 | 9,375 | 9,439 |
Johnson & Johnson | 2.900% | 1/15/28 | 6,000 | 6,013 |
Kaiser Foundation Hospitals | 3.150% | 5/1/27 | 5,025 | 5,027 |
Kellogg Co. | 2.650% | 12/1/23 | 6,900 | 6,790 |
Kellogg Co. | 3.250% | 4/1/26 | 8,025 | 7,982 |
Kellogg Co. | 3.400% | 11/15/27 | 5,550 | 5,520 |
Kimberly-Clark Corp. | 2.400% | 6/1/23 | 2,025 | 1,993 |
Kimberly-Clark Corp. | 3.050% | 8/15/25 | 2,400 | 2,404 |
Kimberly-Clark Corp. | 2.750% | 2/15/26 | 4,835 | 4,761 |
Kraft Heinz Foods Co. | 3.950% | 7/15/25 | 16,863 | 17,413 |
Kraft Heinz Foods Co. | 3.000% | 6/1/26 | 19,686 | 18,940 |
Laboratory Corp. of America Holdings | 4.000% | 11/1/23 | 2,175 | 2,266 |
Laboratory Corp. of America Holdings | 3.250% | 9/1/24 | 5,100 | 5,095 |
Laboratory Corp. of America Holdings | 3.600% | 2/1/25 | 9,075 | 9,226 |
Laboratory Corp. of America Holdings | 3.600% | 9/1/27 | 7,225 | 7,228 |
McCormick & Co. Inc. | 3.150% | 8/15/24 | 5,050 | 5,082 |
McCormick & Co. Inc. | 3.400% | 8/15/27 | 13,000 | 13,176 |
McKesson Corp. | 2.850% | 3/15/23 | 545 | 543 |
McKesson Corp. | 3.796% | 3/15/24 | 10,380 | 10,746 |
Mead Johnson Nutrition Co. | 4.125% | 11/15/25 | 6,880 | 7,322 |
Medtronic Global Holdings SCA | 3.350% | 4/1/27 | 11,516 | 11,779 |
Medtronic Inc. | 2.750% | 4/1/23 | 3,150 | 3,152 |
Medtronic Inc. | 3.625% | 3/15/24 | 7,400 | 7,735 |
Medtronic Inc. | 3.500% | 3/15/25 | 41,189 | 42,798 |
Merck & Co. Inc. | 2.800% | 5/18/23 | 16,535 | 16,646 |
Merck & Co. Inc. | 2.750% | 2/10/25 | 23,277 | 23,166 |
Molson Coors Brewing Co. | 3.000% | 7/15/26 | 18,686 | 18,279 |
Mylan Inc. | 4.200% | 11/29/23 | 3,985 | 4,131 |
Mylan NV | 3.950% | 6/15/26 | 20,555 | 20,740 |
Newell Brands Inc. | 3.850% | 4/1/23 | 21,188 | 21,915 |
Newell Brands Inc. | 4.000% | 12/1/24 | 6,880 | 7,152 |
Newell Brands Inc. | 3.900% | 11/1/25 | 6,051 | 6,205 |
Newell Brands Inc. | 4.200% | 4/1/26 | 18,840 | 19,647 |
Novartis Capital Corp. | 3.400% | 5/6/24 | 18,810 | 19,556 |
Novartis Capital Corp. | 3.000% | 11/20/25 | 16,566 | 16,700 |
Novartis Capital Corp. | 3.100% | 5/17/27 | 9,195 | 9,341 |
60
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
PepsiCo Inc. | 2.750% | 3/1/23 | 13,025 | 13,147 |
PepsiCo Inc. | 3.600% | 3/1/24 | 4,545 | 4,769 |
PepsiCo Inc. | 2.750% | 4/30/25 | 10,537 | 10,541 |
PepsiCo Inc. | 3.500% | 7/17/25 | 6,970 | 7,244 |
PepsiCo Inc. | 2.850% | 2/24/26 | 3,650 | 3,615 |
PepsiCo Inc. | 2.375% | 10/6/26 | 13,785 | 13,080 |
PepsiCo Inc. | 3.000% | 10/15/27 | 14,000 | 13,947 |
Perrigo Finance Unlimited Co. | 3.900% | 12/15/24 | 6,767 | 6,839 |
Perrigo Finance Unlimited Co. | 4.375% | 3/15/26 | 11,975 | 12,291 |
Pfizer Inc. | 3.000% | 6/15/23 | 7,396 | 7,547 |
Pfizer Inc. | 5.800% | 8/12/23 | 366 | 424 |
Pfizer Inc. | 3.400% | 5/15/24 | 6,150 | 6,391 |
Pfizer Inc. | 2.750% | 6/3/26 | 17,905 | 17,647 |
Pfizer Inc. | 3.000% | 12/15/26 | 14,600 | 14,698 |
Philip Morris International Inc. | 2.625% | 3/6/23 | 5,160 | 5,108 |
Philip Morris International Inc. | 2.125% | 5/10/23 | 5,150 | 4,970 |
Philip Morris International Inc. | 3.600% | 11/15/23 | 5,375 | 5,563 |
Philip Morris International Inc. | 3.250% | 11/10/24 | 7,412 | 7,538 |
Philip Morris International Inc. | 3.375% | 8/11/25 | 7,695 | 7,861 |
Philip Morris International Inc. | 2.750% | 2/25/26 | 7,025 | 6,872 |
Philip Morris International Inc. | 3.125% | 8/17/27 | 1,665 | 1,662 |
Procter & Gamble Co. | 3.100% | 8/15/23 | 8,289 | 8,489 |
Procter & Gamble Co. | 2.700% | 2/2/26 | 5,733 | 5,649 |
Procter & Gamble Co. | 2.450% | 11/3/26 | 8,050 | 7,742 |
Providence St. Joseph Health Obligated Group | 2.746% | 10/1/26 | 1,675 | 1,619 |
Quest Diagnostics Inc. | 4.250% | 4/1/24 | 2,600 | 2,757 |
Quest Diagnostics Inc. | 3.500% | 3/30/25 | 1,950 | 1,973 |
Quest Diagnostics Inc. | 3.450% | 6/1/26 | 8,325 | 8,340 |
Reynolds American Inc. | 4.850% | 9/15/23 | 4,750 | 5,167 |
Reynolds American Inc. | 4.450% | 6/12/25 | 24,403 | 25,968 |
Shire Acquisitions Investments Ireland DAC | 2.875% | 9/23/23 | 27,044 | 26,491 |
Shire Acquisitions Investments Ireland DAC | 3.200% | 9/23/26 | 26,470 | 25,864 |
SSM Health Care Corp. | 3.823% | 6/1/27 | 2,900 | 2,993 |
Stryker Corp. | 3.375% | 5/15/24 | 4,625 | 4,759 |
Stryker Corp. | 3.375% | 11/1/25 | 6,516 | 6,669 |
Stryker Corp. | 3.500% | 3/15/26 | 6,730 | 6,946 |
Sysco Corp. | 3.750% | 10/1/25 | 5,000 | 5,196 |
Sysco Corp. | 3.300% | 7/15/26 | 6,715 | 6,743 |
Sysco Corp. | 3.250% | 7/15/27 | 11,150 | 11,128 |
Teva Pharmaceutical Finance Netherlands III BV | 2.800% | 7/21/23 | 27,246 | 23,691 |
Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/1/26 | 29,375 | 24,156 |
The Kroger Co. | 3.850% | 8/1/23 | 9,450 | 9,818 |
The Kroger Co. | 4.000% | 2/1/24 | 4,706 | 4,864 |
The Kroger Co. | 3.500% | 2/1/26 | 1,575 | 1,560 |
The Kroger Co. | 2.650% | 10/15/26 | 10,766 | 10,037 |
The Kroger Co. | 3.700% | 8/1/27 | 3,380 | 3,403 |
Thermo Fisher Scientific Inc. | 3.150% | 1/15/23 | 5,475 | 5,530 |
Thermo Fisher Scientific Inc. | 3.000% | 4/15/23 | 10,020 | 10,061 |
Thermo Fisher Scientific Inc. | 4.150% | 2/1/24 | 9,445 | 10,015 |
Thermo Fisher Scientific Inc. | 3.650% | 12/15/25 | 4,250 | 4,376 |
Thermo Fisher Scientific Inc. | 2.950% | 9/19/26 | 10,730 | 10,452 |
Thermo Fisher Scientific Inc. | 3.200% | 8/15/27 | 5,500 | 5,448 |
Tyson Foods Inc. | 3.950% | 8/15/24 | 14,831 | 15,612 |
Tyson Foods Inc. | 3.550% | 6/2/27 | 11,822 | 12,017 |
Unilever Capital Corp. | 2.600% | 5/5/24 | 15,500 | 15,294 |
Unilever Capital Corp. | 3.100% | 7/30/25 | 2,675 | 2,705 |
Unilever Capital Corp. | 2.000% | 7/28/26 | 5,700 | 5,258 |
Whirlpool Corp. | 4.000% | 3/1/24 | 2,925 | 3,072 |
Whirlpool Corp. | 3.700% | 5/1/25 | 3,025 | 3,102 |
Wyeth LLC | 7.250% | 3/1/23 | 1,000 | 1,207 |
Wyeth LLC | 6.450% | 2/1/24 | 5,750 | 6,939 |
Zimmer Biomet Holdings Inc. | 3.550% | 4/1/25 | 18,805 | 18,811 |
Zoetis Inc. | 3.250% | 2/1/23 | 14,473 | 14,700 |
Zoetis Inc. | 4.500% | 11/13/25 | 3,290 | 3,579 |
61
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Zoetis Inc. | 3.000% | 9/12/27 | 7,500 | 7,324 |
Energy (4.0%) | ||||
Anadarko Petroleum Corp. | 3.450% | 7/15/24 | 7,575 | 7,512 |
Anadarko Petroleum Corp. | 5.550% | 3/15/26 | 12,227 | 13,690 |
5 Andeavor | 4.750% | 12/15/23 | 11,800 | 12,685 |
Andeavor | 5.125% | 4/1/24 | 2,560 | 2,682 |
5 Andeavor | 5.125% | 12/15/26 | 8,975 | 9,872 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 5.250% | 1/15/25 | 6,828 | 7,178 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 4.250% | 12/1/27 | 2,200 | 2,222 |
Apache Corp. | 2.625% | 1/15/23 | 2,050 | 2,004 |
5 Baker Hughes a GE Co. LLC / Baker Hughes Co-Obligor | ||||
Inc. | 3.337% | 12/15/27 | 8,500 | 8,481 |
Boardwalk Pipelines LP | 3.375% | 2/1/23 | 2,537 | 2,510 |
Boardwalk Pipelines LP | 4.950% | 12/15/24 | 4,730 | 5,014 |
Boardwalk Pipelines LP | 5.950% | 6/1/26 | 6,090 | 6,786 |
Boardwalk Pipelines LP | 4.450% | 7/15/27 | 3,612 | 3,664 |
BP Capital Markets plc | 2.750% | 5/10/23 | 20,063 | 20,108 |
BP Capital Markets plc | 3.994% | 9/26/23 | 6,800 | 7,222 |
BP Capital Markets plc | 3.216% | 11/28/23 | 6,385 | 6,520 |
BP Capital Markets plc | 3.814% | 2/10/24 | 7,727 | 8,131 |
BP Capital Markets plc | 3.224% | 4/14/24 | 9,812 | 10,016 |
BP Capital Markets plc | 3.535% | 11/4/24 | 6,830 | 7,099 |
BP Capital Markets plc | 3.506% | 3/17/25 | 11,959 | 12,376 |
BP Capital Markets plc | 3.119% | 5/4/26 | 13,950 | 14,050 |
BP Capital Markets plc | 3.017% | 1/16/27 | 6,287 | 6,205 |
BP Capital Markets plc | 3.588% | 4/14/27 | 5,000 | 5,162 |
BP Capital Markets plc | 3.279% | 9/19/27 | 14,400 | 14,537 |
Buckeye Partners LP | 4.150% | 7/1/23 | 4,850 | 5,025 |
Buckeye Partners LP | 4.350% | 10/15/24 | 715 | 732 |
Buckeye Partners LP | 3.950% | 12/1/26 | 6,025 | 5,886 |
Buckeye Partners LP | 4.125% | 12/1/27 | 850 | 840 |
Canadian Natural Resources Ltd. | 2.950% | 1/15/23 | 9,175 | 9,122 |
Canadian Natural Resources Ltd. | 3.800% | 4/15/24 | 5,695 | 5,844 |
Canadian Natural Resources Ltd. | 3.900% | 2/1/25 | 1,791 | 1,831 |
Canadian Natural Resources Ltd. | 3.850% | 6/1/27 | 18,035 | 18,414 |
Cenovus Energy Inc. | 3.800% | 9/15/23 | 3,100 | 3,166 |
Cenovus Energy Inc. | 4.250% | 4/15/27 | 15,271 | 15,156 |
Chevron Corp. | 2.566% | 5/16/23 | 4,052 | 4,042 |
Chevron Corp. | 3.191% | 6/24/23 | 22,914 | 23,489 |
Chevron Corp. | 2.895% | 3/3/24 | 11,228 | 11,304 |
Chevron Corp. | 3.326% | 11/17/25 | 7,114 | 7,339 |
Chevron Corp. | 2.954% | 5/16/26 | 18,302 | 18,247 |
Cimarex Energy Co. | 4.375% | 6/1/24 | 7,100 | 7,536 |
Cimarex Energy Co. | 3.900% | 5/15/27 | 8,460 | 8,646 |
Columbia Pipeline Group Inc. | 4.500% | 6/1/25 | 10,745 | 11,445 |
Concho Resources Inc. | 4.375% | 1/15/25 | 1,300 | 1,350 |
Concho Resources Inc. | 3.750% | 10/1/27 | 13,013 | 13,143 |
ConocoPhillips Co. | 3.350% | 11/15/24 | 10,700 | 11,001 |
ConocoPhillips Co. | 4.950% | 3/15/26 | 11,750 | 13,336 |
Devon Energy Corp. | 5.850% | 12/15/25 | 5,680 | 6,622 |
Dominion Energy Gas Holdings LLC | 3.550% | 11/1/23 | 6,791 | 6,871 |
Dominion Energy Gas Holdings LLC | 3.600% | 12/15/24 | 25 | 26 |
Enable Midstream Partners LP | 3.900% | 5/15/24 | 4,450 | 4,454 |
Enable Midstream Partners LP | 4.400% | 3/15/27 | 6,812 | 6,938 |
Enbridge Energy Partners LP | 5.875% | 10/15/25 | 4,625 | 5,228 |
Enbridge Inc. | 4.000% | 10/1/23 | 2,300 | 2,396 |
Enbridge Inc. | 3.500% | 6/10/24 | 6,630 | 6,643 |
Enbridge Inc. | 4.250% | 12/1/26 | 9,150 | 9,547 |
Enbridge Inc. | 3.700% | 7/15/27 | 6,970 | 6,984 |
Energy Transfer LP | 3.600% | 2/1/23 | 10,683 | 10,710 |
Energy Transfer LP | 4.900% | 2/1/24 | 4,000 | 4,215 |
Energy Transfer LP | 4.050% | 3/15/25 | 11,950 | 11,939 |
Energy Transfer LP | 4.750% | 1/15/26 | 6,277 | 6,517 |
62
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Energy Transfer LP | 4.200% | 4/15/27 | 2,500 | 2,471 |
EnLink Midstream Partners LP | 4.400% | 4/1/24 | 7,686 | 7,900 |
EnLink Midstream Partners LP | 4.150% | 6/1/25 | 3,475 | 3,506 |
EnLink Midstream Partners LP | 4.850% | 7/15/26 | 6,030 | 6,313 |
Enterprise Products Operating LLC | 3.350% | 3/15/23 | 16,259 | 16,566 |
Enterprise Products Operating LLC | 3.900% | 2/15/24 | 5,800 | 6,049 |
Enterprise Products Operating LLC | 3.750% | 2/15/25 | 15,441 | 15,893 |
Enterprise Products Operating LLC | 3.700% | 2/15/26 | 3,672 | 3,754 |
4 Enterprise Products Operating LLC | 5.250% | 8/16/77 | 4,150 | 4,110 |
EOG Resources Inc. | 2.625% | 3/15/23 | 8,955 | 8,830 |
EOG Resources Inc. | 3.150% | 4/1/25 | 3,745 | 3,722 |
EOG Resources Inc. | 4.150% | 1/15/26 | 7,540 | 7,997 |
EQT Corp. | 3.900% | 10/1/27 | 11,800 | 11,701 |
EQT Midstream Partners LP | 4.000% | 8/1/24 | 3,300 | 3,307 |
EQT Midstream Partners LP | 4.125% | 12/1/26 | 950 | 946 |
Exxon Mobil Corp. | 2.726% | 3/1/23 | 19,380 | 19,499 |
Exxon Mobil Corp. | 3.176% | 3/15/24 | 2,770 | 2,847 |
Exxon Mobil Corp. | 2.709% | 3/6/25 | 13,403 | 13,323 |
Exxon Mobil Corp. | 3.043% | 3/1/26 | 21,587 | 21,919 |
Halliburton Co. | 3.500% | 8/1/23 | 7,971 | 8,180 |
Halliburton Co. | 3.800% | 11/15/25 | 21,660 | 22,458 |
Helmerich & Payne International Drilling Co. | 4.650% | 3/15/25 | 5,010 | 5,263 |
Hess Corp. | 3.500% | 7/15/24 | 1,550 | 1,529 |
Hess Corp. | 4.300% | 4/1/27 | 10,400 | 10,420 |
HollyFrontier Corp. | 5.875% | 4/1/26 | 8,895 | 9,901 |
Husky Energy Inc. | 4.000% | 4/15/24 | 7,905 | 8,190 |
Kerr-McGee Corp. | 6.950% | 7/1/24 | 5,100 | 6,012 |
Kinder Morgan Energy Partners LP | 3.450% | 2/15/23 | 6,550 | 6,579 |
Kinder Morgan Energy Partners LP | 3.500% | 9/1/23 | 11,000 | 10,991 |
Kinder Morgan Energy Partners LP | 4.150% | 2/1/24 | 5,970 | 6,176 |
Kinder Morgan Energy Partners LP | 4.300% | 5/1/24 | 10,853 | 11,295 |
Kinder Morgan Energy Partners LP | 4.250% | 9/1/24 | 4,950 | 5,123 |
Kinder Morgan Inc. | 3.150% | 1/15/23 | 8,170 | 8,093 |
Kinder Morgan Inc. | 4.300% | 6/1/25 | 7,850 | 8,171 |
Magellan Midstream Partners LP | 5.000% | 3/1/26 | 7,021 | 7,808 |
Marathon Oil Corp. | 3.850% | 6/1/25 | 13,395 | 13,598 |
Marathon Oil Corp. | 4.400% | 7/15/27 | 7,600 | 7,940 |
Marathon Petroleum Corp. | 3.625% | 9/15/24 | 6,372 | 6,494 |
MPLX LP | 4.500% | 7/15/23 | 14,718 | 15,529 |
MPLX LP | 4.875% | 12/1/24 | 13,757 | 14,776 |
MPLX LP | 4.000% | 2/15/25 | 6,755 | 6,883 |
MPLX LP | 4.875% | 6/1/25 | 14,028 | 15,017 |
MPLX LP | 4.125% | 3/1/27 | 7,815 | 7,977 |
National Fuel Gas Co. | 3.750% | 3/1/23 | 4,616 | 4,647 |
National Fuel Gas Co. | 5.200% | 7/15/25 | 2,337 | 2,501 |
National Fuel Gas Co. | 3.950% | 9/15/27 | 2,250 | 2,235 |
Noble Energy Inc. | 3.900% | 11/15/24 | 7,395 | 7,599 |
Occidental Petroleum Corp. | 2.700% | 2/15/23 | 8,622 | 8,595 |
Occidental Petroleum Corp. | 3.500% | 6/15/25 | 4,738 | 4,894 |
Occidental Petroleum Corp. | 3.400% | 4/15/26 | 18,230 | 18,701 |
Occidental Petroleum Corp. | 3.000% | 2/15/27 | 1,875 | 1,860 |
Oceaneering International Inc. | 4.650% | 11/15/24 | 3,425 | 3,336 |
ONEOK Inc. | 7.500% | 9/1/23 | 4,240 | 5,045 |
ONEOK Inc. | 4.000% | 7/13/27 | 5,750 | 5,839 |
ONEOK Partners LP | 5.000% | 9/15/23 | 2,950 | 3,160 |
ONEOK Partners LP | 4.900% | 3/15/25 | 4,550 | 4,886 |
Phillips 66 Partners LP | 3.605% | 2/15/25 | 4,925 | 4,953 |
Phillips 66 Partners LP | 3.550% | 10/1/26 | 5,500 | 5,437 |
Pioneer Natural Resources Co. | 4.450% | 1/15/26 | 3,850 | 4,122 |
Plains All American Pipeline LP / PAA Finance Corp. | 3.850% | 10/15/23 | 4,746 | 4,721 |
Plains All American Pipeline LP / PAA Finance Corp. | 3.600% | 11/1/24 | 11,145 | 10,826 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.650% | 10/15/25 | 8,875 | 9,123 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.500% | 12/15/26 | 6,300 | 6,414 |
63
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 4.500% | 11/1/23 | 9,445 | 9,776 |
Sabine Pass Liquefaction LLC | 5.625% | 4/15/23 | 11,759 | 12,847 |
Sabine Pass Liquefaction LLC | 5.750% | 5/15/24 | 23,650 | 26,192 |
Sabine Pass Liquefaction LLC | 5.625% | 3/1/25 | 18,675 | 20,542 |
Sabine Pass Liquefaction LLC | 5.875% | 6/30/26 | 18,705 | 20,856 |
Sabine Pass Liquefaction LLC | 5.000% | 3/15/27 | 11,250 | 11,981 |
Schlumberger Investment SA | 3.650% | 12/1/23 | 16,005 | 16,795 |
Shell International Finance BV | 2.250% | 1/6/23 | 11,205 | 11,004 |
Shell International Finance BV | 3.400% | 8/12/23 | 6,689 | 6,935 |
Shell International Finance BV | 3.250% | 5/11/25 | 19,405 | 19,936 |
Shell International Finance BV | 2.875% | 5/10/26 | 17,947 | 17,860 |
Shell International Finance BV | 2.500% | 9/12/26 | 18,025 | 17,455 |
Spectra Energy Capital LLC | 3.300% | 3/15/23 | 3,475 | 3,468 |
Spectra Energy Partners LP | 4.750% | 3/15/24 | 15,578 | 16,840 |
Spectra Energy Partners LP | 3.500% | 3/15/25 | 3,125 | 3,130 |
Spectra Energy Partners LP | 3.375% | 10/15/26 | 1,899 | 1,866 |
Suncor Energy Inc. | 3.600% | 12/1/24 | 6,345 | 6,495 |
Sunoco Logistics Partners Operations LP | 3.450% | 1/15/23 | 2,525 | 2,511 |
Sunoco Logistics Partners Operations LP | 4.250% | 4/1/24 | 5,116 | 5,219 |
Sunoco Logistics Partners Operations LP | 5.950% | 12/1/25 | 5,700 | 6,358 |
Sunoco Logistics Partners Operations LP | 3.900% | 7/15/26 | 6,000 | 5,870 |
Sunoco Logistics Partners Operations LP | 4.000% | 10/1/27 | 3,500 | 3,436 |
TC PipeLines LP | 3.900% | 5/25/27 | 5,000 | 5,022 |
5 Texas Eastern Transmission LP | 2.800% | 10/15/22 | 25 | 25 |
Total Capital Canada Ltd. | 2.750% | 7/15/23 | 9,325 | 9,366 |
Total Capital International SA | 2.700% | 1/25/23 | 11,090 | 11,108 |
Total Capital International SA | 3.700% | 1/15/24 | 9,866 | 10,387 |
Total Capital International SA | 3.750% | 4/10/24 | 9,674 | 10,196 |
TransCanada PipeLines Ltd. | 3.750% | 10/16/23 | 7,650 | 8,000 |
TransCanada PipeLines Ltd. | 4.875% | 1/15/26 | 6,875 | 7,709 |
Transcontinental Gas Pipe Line Co. LLC | 7.850% | 2/1/26 | 1,480 | 1,892 |
Valero Energy Corp. | 3.650% | 3/15/25 | 4,200 | 4,328 |
Valero Energy Corp. | 3.400% | 9/15/26 | 12,450 | 12,455 |
Valero Energy Partners LP | 4.375% | 12/15/26 | 4,450 | 4,638 |
Western Gas Partners LP | 3.950% | 6/1/25 | 6,800 | 6,794 |
Western Gas Partners LP | 4.650% | 7/1/26 | 5,814 | 6,040 |
Williams Partners LP | 4.500% | 11/15/23 | 3,000 | 3,170 |
Williams Partners LP | 4.300% | 3/4/24 | 8,977 | 9,380 |
Williams Partners LP | 3.900% | 1/15/25 | 13,458 | 13,745 |
Williams Partners LP | 4.000% | 9/15/25 | 12,636 | 12,960 |
Williams Partners LP | 3.750% | 6/15/27 | 13,949 | 13,977 |
Williams Partners LP / ACMP Finance Corp. | 4.875% | 3/15/24 | 10,995 | 11,490 |
Other Industrial (0.1%) | ||||
CBRE Services Inc. | 5.000% | 3/15/23 | 5,688 | 5,854 |
CBRE Services Inc. | 5.250% | 3/15/25 | 4,800 | 5,278 |
CBRE Services Inc. | 4.875% | 3/1/26 | 4,460 | 4,834 |
Cintas Corp. No 2 | 3.700% | 4/1/27 | 9,175 | 9,536 |
Fluor Corp. | 3.500% | 12/15/24 | 6,070 | 6,230 |
Howard Hughes Medical Institute Revenue | 3.500% | 9/1/23 | 10,976 | 11,338 |
Technology (4.2%) | ||||
Adobe Systems Inc. | 3.250% | 2/1/25 | 9,505 | 9,744 |
Alphabet Inc. | 3.375% | 2/25/24 | 9,670 | 10,107 |
Alphabet Inc. | 1.998% | 8/15/26 | 15,499 | 14,594 |
Altera Corp. | 4.100% | 11/15/23 | 8,360 | 8,979 |
Amphenol Corp. | 3.200% | 4/1/24 | 2,950 | 2,962 |
Analog Devices Inc. | 2.875% | 6/1/23 | 6,316 | 6,288 |
Analog Devices Inc. | 3.125% | 12/5/23 | 5,035 | 5,057 |
Analog Devices Inc. | 3.900% | 12/15/25 | 4,925 | 5,136 |
Analog Devices Inc. | 3.500% | 12/5/26 | 9,485 | 9,591 |
Apple Inc. | 2.400% | 1/13/23 | 6,000 | 5,939 |
Apple Inc. | 2.850% | 2/23/23 | 14,091 | 14,263 |
Apple Inc. | 2.400% | 5/3/23 | 51,722 | 51,172 |
64
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Apple Inc. | 3.000% | 2/9/24 | 16,798 | 16,990 |
Apple Inc. | 3.450% | 5/6/24 | 23,585 | 24,449 |
Apple Inc. | 2.850% | 5/11/24 | 16,200 | 16,252 |
Apple Inc. | 2.750% | 1/13/25 | 13,000 | 12,897 |
Apple Inc. | 2.500% | 2/9/25 | 14,709 | 14,367 |
Apple Inc. | 3.200% | 5/13/25 | 18,385 | 18,730 |
Apple Inc. | 3.250% | 2/23/26 | 29,695 | 30,303 |
Apple Inc. | 2.450% | 8/4/26 | 21,150 | 20,315 |
Apple Inc. | 3.350% | 2/9/27 | 21,449 | 21,966 |
Apple Inc. | 3.200% | 5/11/27 | 19,105 | 19,329 |
Apple Inc. | 3.000% | 6/20/27 | 10,100 | 10,014 |
Apple Inc. | 2.900% | 9/12/27 | 18,450 | 18,166 |
Apple Inc. | 3.000% | 11/13/27 | 13,700 | 13,625 |
Applied Materials Inc. | 3.900% | 10/1/25 | 6,760 | 7,180 |
Applied Materials Inc. | 3.300% | 4/1/27 | 11,285 | 11,452 |
Arrow Electronics Inc. | 4.500% | 3/1/23 | 2,824 | 2,954 |
Arrow Electronics Inc. | 3.250% | 9/8/24 | 5,600 | 5,483 |
Arrow Electronics Inc. | 4.000% | 4/1/25 | 2,475 | 2,524 |
Autodesk Inc. | 4.375% | 6/15/25 | 2,300 | 2,419 |
Autodesk Inc. | 3.500% | 6/15/27 | 4,400 | 4,325 |
Avnet Inc. | 4.625% | 4/15/26 | 5,180 | 5,379 |
Baidu Inc. | 4.125% | 6/30/25 | 4,000 | 4,152 |
Baidu Inc. | 3.625% | 7/6/27 | 5,725 | 5,653 |
5 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 2.650% | 1/15/23 | 9,200 | 8,872 |
5 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.625% | 1/15/24 | 24,577 | 24,459 |
5 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.125% | 1/15/25 | 13,250 | 12,658 |
5 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.875% | 1/15/27 | 46,335 | 45,573 |
Broadridge Financial Solutions Inc. | 3.400% | 6/27/26 | 3,770 | 3,692 |
CA Inc. | 4.700% | 3/15/27 | 3,200 | 3,315 |
Cadence Design Systems Inc. | 4.375% | 10/15/24 | 2,275 | 2,395 |
Cisco Systems Inc. | 2.600% | 2/28/23 | 5,200 | 5,204 |
Cisco Systems Inc. | 2.200% | 9/20/23 | 4,260 | 4,173 |
Cisco Systems Inc. | 3.625% | 3/4/24 | 9,255 | 9,757 |
Cisco Systems Inc. | 2.950% | 2/28/26 | 12,425 | 12,448 |
Cisco Systems Inc. | 2.500% | 9/20/26 | 14,003 | 13,570 |
Citrix Systems Inc. | 4.500% | 12/1/27 | 7,000 | 7,114 |
5 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 5.450% | 6/15/23 | 35,330 | 38,127 |
5 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 6.020% | 6/15/26 | 41,283 | 45,335 |
DXC Technology Co. | 4.250% | 4/15/24 | 9,450 | 9,838 |
DXC Technology Co. | 4.750% | 4/15/27 | 5,015 | 5,326 |
Fidelity National Information Services Inc. | 3.500% | 4/15/23 | 6,952 | 7,102 |
Fidelity National Information Services Inc. | 3.875% | 6/5/24 | 3,613 | 3,742 |
Fidelity National Information Services Inc. | 5.000% | 10/15/25 | 6,316 | 6,972 |
Fidelity National Information Services Inc. | 3.000% | 8/15/26 | 15,312 | 14,808 |
Fiserv Inc. | 3.850% | 6/1/25 | 8,400 | 8,738 |
Flex Ltd. | 5.000% | 2/15/23 | 4,082 | 4,375 |
Flex Ltd. | 4.750% | 6/15/25 | 4,500 | 4,819 |
Hewlett Packard Enterprise Co. | 4.900% | 10/15/25 | 23,520 | 24,787 |
Intel Corp. | 2.875% | 5/11/24 | 15,229 | 15,330 |
Intel Corp. | 3.700% | 7/29/25 | 23,633 | 24,952 |
Intel Corp. | 2.600% | 5/19/26 | 2,739 | 2,675 |
Intel Corp. | 3.150% | 5/11/27 | 11,030 | 11,223 |
International Business Machines Corp. | 3.375% | 8/1/23 | 12,800 | 13,221 |
International Business Machines Corp. | 3.625% | 2/12/24 | 22,092 | 23,065 |
International Business Machines Corp. | 3.450% | 2/19/26 | 12,381 | 12,794 |
International Business Machines Corp. | 3.300% | 1/27/27 | 6,220 | 6,340 |
International Business Machines Corp. | 6.220% | 8/1/27 | 2,800 | 3,492 |
Juniper Networks Inc. | 4.500% | 3/15/24 | 2,970 | 3,088 |
Juniper Networks Inc. | 4.350% | 6/15/25 | 2,025 | 2,079 |
Keysight Technologies Inc. | 4.550% | 10/30/24 | 4,850 | 5,143 |
Keysight Technologies Inc. | 4.600% | 4/6/27 | 6,000 | 6,321 |
KLA-Tencor Corp. | 4.650% | 11/1/24 | 12,915 | 13,969 |
Lam Research Corp. | 3.800% | 3/15/25 | 4,000 | 4,162 |
Maxim Integrated Products Inc. | 3.375% | 3/15/23 | 3,599 | 3,637 |
65
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Maxim Integrated Products Inc. | 3.450% | 6/15/27 | 5,125 | 5,140 |
Microsoft Corp. | 2.375% | 5/1/23 | 7,586 | 7,515 |
Microsoft Corp. | 2.000% | 8/8/23 | 15,040 | 14,615 |
Microsoft Corp. | 3.625% | 12/15/23 | 11,604 | 12,207 |
Microsoft Corp. | 2.875% | 2/6/24 | 27,130 | 27,449 |
Microsoft Corp. | 2.700% | 2/12/25 | 20,891 | 20,804 |
Microsoft Corp. | 3.125% | 11/3/25 | 26,245 | 26,758 |
Microsoft Corp. | 2.400% | 8/8/26 | 36,795 | 35,500 |
Microsoft Corp. | 3.300% | 2/6/27 | 36,700 | 37,822 |
Motorola Solutions Inc. | 3.500% | 3/1/23 | 6,991 | 7,025 |
Motorola Solutions Inc. | 4.000% | 9/1/24 | 8,450 | 8,651 |
NetApp Inc. | 3.300% | 9/29/24 | 3,600 | 3,565 |
NVIDIA Corp. | 3.200% | 9/16/26 | 8,850 | 8,853 |
Oracle Corp. | 2.625% | 2/15/23 | 12,000 | 12,016 |
Oracle Corp. | 3.625% | 7/15/23 | 6,080 | 6,379 |
Oracle Corp. | 2.400% | 9/15/23 | 23,925 | 23,629 |
Oracle Corp. | 3.400% | 7/8/24 | 19,484 | 20,229 |
Oracle Corp. | 2.950% | 11/15/24 | 29,990 | 30,204 |
Oracle Corp. | 2.950% | 5/15/25 | 11,344 | 11,378 |
Oracle Corp. | 2.650% | 7/15/26 | 27,881 | 27,183 |
Oracle Corp. | 3.250% | 11/15/27 | 26,210 | 26,598 |
Pitney Bowes Inc. | 4.700% | 4/1/23 | 4,220 | 3,873 |
QUALCOMM Inc. | 2.600% | 1/30/23 | 14,475 | 14,094 |
QUALCOMM Inc. | 2.900% | 5/20/24 | 15,056 | 14,682 |
QUALCOMM Inc. | 3.450% | 5/20/25 | 16,362 | 16,399 |
QUALCOMM Inc. | 3.250% | 5/20/27 | 18,705 | 18,254 |
Seagate HDD Cayman | 4.750% | 6/1/23 | 8,650 | 8,801 |
5 Seagate HDD Cayman | 4.875% | 3/1/24 | 4,975 | 4,981 |
Seagate HDD Cayman | 4.750% | 1/1/25 | 7,355 | 7,208 |
Seagate HDD Cayman | 4.875% | 6/1/27 | 6,125 | 5,849 |
Tech Data Corp. | 4.950% | 2/15/27 | 5,550 | 5,826 |
Texas Instruments Inc. | 2.250% | 5/1/23 | 2,025 | 1,989 |
Texas Instruments Inc. | 2.625% | 5/15/24 | 2,500 | 2,483 |
Texas Instruments Inc. | 2.900% | 11/3/27 | 4,500 | 4,460 |
Total System Services Inc. | 3.750% | 6/1/23 | 7,775 | 7,907 |
Total System Services Inc. | 4.800% | 4/1/26 | 7,905 | 8,503 |
Trimble Navigation Ltd. | 4.750% | 12/1/24 | 1,650 | 1,770 |
Tyco Electronics Group SA | 3.450% | 8/1/24 | 3,200 | 3,281 |
Tyco Electronics Group SA | 3.700% | 2/15/26 | 3,147 | 3,246 |
Tyco Electronics Group SA | 3.125% | 8/15/27 | 5,000 | 4,936 |
Verisk Analytics Inc. | 4.000% | 6/15/25 | 9,534 | 9,873 |
VMware Inc. | 3.900% | 8/21/27 | 14,405 | 14,643 |
Xerox Corp. | 3.625% | 3/15/23 | 8,450 | 8,226 |
Xilinx Inc. | 2.950% | 6/1/24 | 6,725 | 6,677 |
Transportation (0.8%) | ||||
4 American Airlines 2013-1 Class A Pass Through Trust | 4.000% | 1/15/27 | 3,140 | 3,234 |
4 American Airlines 2013-2 Class A Pass Through Trust | 4.950% | 7/15/24 | 8,736 | 9,222 |
4 American Airlines 2014-1 Class A Pass Through Trust | 3.700% | 4/1/28 | 1,246 | 1,269 |
4 American Airlines 2015-1 Class A Pass Through Trust | 3.375% | 11/1/28 | 4,393 | 4,396 |
4 American Airlines 2015-1 Class B Pass Through Trust | 3.700% | 11/1/24 | 2,406 | 2,399 |
4 American Airlines 2017-1B Class B Pass Through Trust | 4.950% | 2/15/25 | 2,350 | 2,458 |
4 BNSF Funding Trust I | 6.613% | 12/15/55 | 100 | 116 |
Burlington Northern Santa Fe LLC | 3.000% | 3/15/23 | 8,027 | 8,176 |
Burlington Northern Santa Fe LLC | 3.850% | 9/1/23 | 8,460 | 8,915 |
Burlington Northern Santa Fe LLC | 3.750% | 4/1/24 | 9,733 | 10,297 |
Burlington Northern Santa Fe LLC | 3.400% | 9/1/24 | 9,367 | 9,721 |
Burlington Northern Santa Fe LLC | 3.000% | 4/1/25 | 6,687 | 6,733 |
Burlington Northern Santa Fe LLC | 3.650% | 9/1/25 | 5,075 | 5,319 |
Burlington Northern Santa Fe LLC | 7.000% | 12/15/25 | 5,870 | 7,460 |
Burlington Northern Santa Fe LLC | 3.250% | 6/15/27 | 1,125 | 1,146 |
Canadian National Railway Co. | 2.950% | 11/21/24 | 3,340 | 3,376 |
Canadian National Railway Co. | 2.750% | 3/1/26 | 3,600 | 3,557 |
Canadian Pacific Railway Co. | 4.450% | 3/15/23 | 4,680 | 4,987 |
66
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Canadian Pacific Railway Co. | 2.900% | 2/1/25 | 3,918 | 3,877 |
4 Continental Airlines 2012-1 Class A Pass Through Trust | 4.150% | 10/11/25 | 8,252 | 8,612 |
4 Continental Airlines 2012-2 Class A Pass Through Trust | 4.000% | 4/29/26 | 5,223 | 5,426 |
CSX Corp. | 3.700% | 11/1/23 | 4,275 | 4,419 |
CSX Corp. | 3.400% | 8/1/24 | 5,920 | 6,084 |
CSX Corp. | 3.350% | 11/1/25 | 8,850 | 9,000 |
CSX Corp. | 2.600% | 11/1/26 | 4,650 | 4,439 |
CSX Corp. | 3.250% | 6/1/27 | 6,780 | 6,766 |
4 Delta Air Lines 2015-1 Class AA Pass Through Trust | 3.625% | 7/30/27 | 937 | 966 |
FedEx Corp. | 4.000% | 1/15/24 | 5,431 | 5,770 |
FedEx Corp. | 3.200% | 2/1/25 | 7,350 | 7,446 |
FedEx Corp. | 3.250% | 4/1/26 | 9,400 | 9,478 |
FedEx Corp. | 3.300% | 3/15/27 | 4,000 | 4,014 |
Kansas City Southern | 3.000% | 5/15/23 | 7,550 | 7,511 |
Norfolk Southern Corp. | 2.903% | 2/15/23 | 6,111 | 6,127 |
Norfolk Southern Corp. | 3.850% | 1/15/24 | 2,075 | 2,184 |
Norfolk Southern Corp. | 5.590% | 5/17/25 | 1,339 | 1,526 |
Norfolk Southern Corp. | 2.900% | 6/15/26 | 3,690 | 3,623 |
Norfolk Southern Corp. | 7.800% | 5/15/27 | 450 | 611 |
Norfolk Southern Corp. | 3.150% | 6/1/27 | 2,410 | 2,405 |
Southwest Airlines Co. | 3.000% | 11/15/26 | 3,270 | 3,157 |
Southwest Airlines Co. | 3.450% | 11/16/27 | 2,300 | 2,282 |
4 Southwest Airlines Co. 2007-1 Pass Through Trust | 6.150% | 2/1/24 | 1,379 | 1,493 |
Trinity Industries Inc. | 4.550% | 10/1/24 | 3,185 | 3,173 |
Union Pacific Corp. | 2.950% | 1/15/23 | 2,600 | 2,638 |
Union Pacific Corp. | 2.750% | 4/15/23 | 2,220 | 2,228 |
Union Pacific Corp. | 3.646% | 2/15/24 | 4,210 | 4,426 |
Union Pacific Corp. | 3.750% | 3/15/24 | 1,645 | 1,736 |
Union Pacific Corp. | 3.250% | 1/15/25 | 6,428 | 6,568 |
Union Pacific Corp. | 3.250% | 8/15/25 | 6,040 | 6,202 |
Union Pacific Corp. | 2.750% | 3/1/26 | 5,317 | 5,254 |
Union Pacific Corp. | 3.000% | 4/15/27 | 4,253 | 4,272 |
4 United Airlines 2014-2 Class A Pass Through Trust | 3.750% | 3/3/28 | 5,542 | 5,681 |
4 United Airlines Pass Through Trust Series 2013-1 | 4.300% | 2/15/27 | 4,466 | 4,695 |
4 United Airlines Pass Through Trust Series 2014-1 | 4.000% | 10/11/27 | 4,388 | 4,565 |
United Parcel Service Inc. | 2.500% | 4/1/23 | 8,225 | 8,164 |
United Parcel Service Inc. | 2.800% | 11/15/24 | 10,850 | 10,771 |
United Parcel Service Inc. | 2.400% | 11/15/26 | 3,100 | 2,967 |
United Parcel Service Inc. | 3.050% | 11/15/27 | 12,100 | 12,096 |
4 US Airways 2012-1 Class A Pass Through Trust | 5.900% | 4/1/26 | 414 | 460 |
4 US Airways 2013-1 Class A Pass Through Trust | 3.950% | 5/15/27 | 3,245 | 3,342 |
4 US Airways Inc. 2012-2 Class A Pass Through Trust | 4.625% | 12/3/26 | 893 | 948 |
8,567,301 | ||||
Utilities (2.1%) | ||||
Electric (1.9%) | ||||
AEP Transmission Co. LLC | 3.100% | 12/1/26 | 3,070 | 3,057 |
Alabama Power Co. | 3.550% | 12/1/23 | 3,600 | 3,733 |
Ameren Corp. | 3.650% | 2/15/26 | 2,612 | 2,663 |
Ameren Illinois Co. | 3.250% | 3/1/25 | 2,700 | 2,751 |
American Electric Power Co. Inc. | 3.200% | 11/13/27 | 3,300 | 3,266 |
Appalachian Power Co. | 3.400% | 6/1/25 | 2,000 | 2,037 |
Arizona Public Service Co. | 3.150% | 5/15/25 | 4,250 | 4,257 |
Arizona Public Service Co. | 2.950% | 9/15/27 | 2,725 | 2,663 |
Avangrid Inc. | 3.150% | 12/1/24 | 5,900 | 5,867 |
Baltimore Gas & Electric Co. | 3.350% | 7/1/23 | 3,949 | 4,026 |
Baltimore Gas & Electric Co. | 2.400% | 8/15/26 | 3,300 | 3,111 |
Berkshire Hathaway Energy Co. | 3.750% | 11/15/23 | 6,925 | 7,227 |
Berkshire Hathaway Energy Co. | 3.500% | 2/1/25 | 3,811 | 3,930 |
Black Hills Corp. | 4.250% | 11/30/23 | 1,218 | 1,281 |
Black Hills Corp. | 3.950% | 1/15/26 | 4,150 | 4,284 |
Black Hills Corp. | 3.150% | 1/15/27 | 1,500 | 1,464 |
CenterPoint Energy Houston Electric LLC | 2.400% | 9/1/26 | 1,800 | 1,704 |
CenterPoint Energy Houston Electric LLC | 3.000% | 2/1/27 | 2,250 | 2,223 |
67
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Cleco Corporate Holdings LLC | 3.743% | 5/1/26 | 8,680 | 8,716 |
Cleveland Electric Illuminating Co. | 5.500% | 8/15/24 | 250 | 284 |
CMS Energy Corp. | 3.000% | 5/15/26 | 2,500 | 2,468 |
CMS Energy Corp. | 3.450% | 8/15/27 | 1,050 | 1,059 |
Commonwealth Edison Co. | 2.550% | 6/15/26 | 6,650 | 6,431 |
Commonwealth Edison Co. | 2.950% | 8/15/27 | 3,100 | 3,063 |
Connecticut Light & Power Co. | 2.500% | 1/15/23 | 5,908 | 5,851 |
Connecticut Light & Power Co. | 3.200% | 3/15/27 | 2,775 | 2,807 |
Consolidated Edison Co. of New York Inc. | 3.125% | 11/15/27 | 3,225 | 3,244 |
Consumers Energy Co. | 3.375% | 8/15/23 | 2,550 | 2,625 |
Delmarva Power & Light Co. | 3.500% | 11/15/23 | 5,275 | 5,443 |
Dominion Energy Inc. | 3.625% | 12/1/24 | 4,355 | 4,492 |
Dominion Energy Inc. | 3.900% | 10/1/25 | 7,380 | 7,698 |
Dominion Energy Inc. | 2.850% | 8/15/26 | 3,800 | 3,663 |
4 Dominion Energy Inc. | 5.750% | 10/1/54 | 4,600 | 4,974 |
DTE Electric Co. | 3.650% | 3/15/24 | 6,050 | 6,350 |
DTE Electric Co. | 3.375% | 3/1/25 | 1,675 | 1,721 |
DTE Energy Co. | 3.850% | 12/1/23 | 2,113 | 2,199 |
DTE Energy Co. | 3.500% | 6/1/24 | 4,483 | 4,583 |
DTE Energy Co. | 2.850% | 10/1/26 | 7,203 | 6,908 |
DTE Energy Co. | 3.800% | 3/15/27 | 5,175 | 5,335 |
Duke Energy Carolinas LLC | 2.500% | 3/15/23 | 4,700 | 4,656 |
Duke Energy Carolinas LLC | 2.950% | 12/1/26 | 3,500 | 3,477 |
Duke Energy Corp. | 3.950% | 10/15/23 | 3,612 | 3,786 |
Duke Energy Corp. | 3.750% | 4/15/24 | 15,077 | 15,672 |
Duke Energy Corp. | 2.650% | 9/1/26 | 10,654 | 10,187 |
Duke Energy Corp. | 3.150% | 8/15/27 | 6,750 | 6,692 |
Duke Energy Florida LLC | 3.200% | 1/15/27 | 5,000 | 5,053 |
Duke Energy Ohio Inc. | 3.800% | 9/1/23 | 2,865 | 3,006 |
Duke Energy Progress LLC | 3.250% | 8/15/25 | 5,019 | 5,113 |
Edison International | 2.950% | 3/15/23 | 3,500 | 3,476 |
Emera US Finance LP | 3.550% | 6/15/26 | 11,010 | 11,022 |
Enel Americas SA | 4.000% | 10/25/26 | 1,000 | 1,016 |
Enel Generacion Chile SA | 4.250% | 4/15/24 | 765 | 800 |
Entergy Arkansas Inc. | 3.700% | 6/1/24 | 1,500 | 1,573 |
Entergy Arkansas Inc. | 3.500% | 4/1/26 | 6,172 | 6,353 |
Entergy Corp. | 2.950% | 9/1/26 | 8,255 | 8,000 |
Entergy Gulf States Louisiana LLC | 5.590% | 10/1/24 | 5,970 | 6,874 |
Entergy Louisiana LLC | 4.050% | 9/1/23 | 5,000 | 5,297 |
Entergy Louisiana LLC | 5.400% | 11/1/24 | 1,575 | 1,794 |
Entergy Louisiana LLC | 2.400% | 10/1/26 | 3,655 | 3,438 |
Entergy Louisiana LLC | 3.120% | 9/1/27 | 3,375 | 3,365 |
Eversource Energy | 2.800% | 5/1/23 | 2,325 | 2,312 |
Eversource Energy | 2.900% | 10/1/24 | 3,600 | 3,567 |
Eversource Energy | 3.150% | 1/15/25 | 3,810 | 3,828 |
Exelon Corp. | 3.950% | 6/15/25 | 10,586 | 11,013 |
Exelon Corp. | 3.400% | 4/15/26 | 6,607 | 6,619 |
FirstEnergy Corp. | 4.250% | 3/15/23 | 7,735 | 8,078 |
FirstEnergy Corp. | 3.900% | 7/15/27 | 15,965 | 16,330 |
Florida Power & Light Co. | 2.750% | 6/1/23 | 7,810 | 7,785 |
Florida Power & Light Co. | 3.250% | 6/1/24 | 2,700 | 2,775 |
Florida Power & Light Co. | 3.125% | 12/1/25 | 3,150 | 3,205 |
Fortis Inc. | 3.055% | 10/4/26 | 20,081 | 19,378 |
Georgia Power Co. | 3.250% | 4/1/26 | 4,636 | 4,641 |
Georgia Power Co. | 3.250% | 3/30/27 | 2,839 | 2,842 |
Gulf Power Co. | 3.300% | 5/30/27 | 3,075 | 3,094 |
Interstate Power & Light Co. | 3.250% | 12/1/24 | 5,000 | 5,063 |
ITC Holdings Corp. | 3.650% | 6/15/24 | 5,320 | 5,451 |
ITC Holdings Corp. | 3.250% | 6/30/26 | 2,325 | 2,311 |
5 ITC Holdings Corp. | 3.350% | 11/15/27 | 4,750 | 4,752 |
Kansas City Power & Light Co. | 3.150% | 3/15/23 | 3,540 | 3,565 |
Louisville Gas & Electric Co. | 3.300% | 10/1/25 | 2,900 | 2,969 |
MidAmerican Energy Co. | 3.500% | 10/15/24 | 5,970 | 6,217 |
MidAmerican Energy Co. | 3.100% | 5/1/27 | 575 | 578 |
68
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
National Rural Utilities Cooperative Finance Corp. | 2.700% | 2/15/23 | 7,850 | 7,837 |
National Rural Utilities Cooperative Finance Corp. | 2.950% | 2/7/24 | 6,440 | 6,476 |
National Rural Utilities Cooperative Finance Corp. | 2.850% | 1/27/25 | 4,850 | 4,818 |
National Rural Utilities Cooperative Finance Corp. | 3.250% | 11/1/25 | 3,970 | 4,032 |
National Rural Utilities Cooperative Finance Corp. | 3.050% | 4/25/27 | 3,200 | 3,187 |
4 National Rural Utilities Cooperative Finance Corp. | 4.750% | 4/30/43 | 2,100 | 2,177 |
4 National Rural Utilities Cooperative Finance Corp. | 5.250% | 4/20/46 | 3,575 | 3,793 |
NextEra Energy Capital Holdings Inc. | 2.800% | 1/15/23 | 4,680 | 4,677 |
NextEra Energy Capital Holdings Inc. | 3.550% | 5/1/27 | 9,025 | 9,187 |
4 NextEra Energy Capital Holdings Inc. | 4.800% | 12/1/77 | 5,200 | 5,213 |
Northern States Power Co. | 2.600% | 5/15/23 | 2,300 | 2,281 |
NSTAR Electric Co. | 3.200% | 5/15/27 | 6,780 | 6,860 |
Oncor Electric Delivery Co. LLC | 2.950% | 4/1/25 | 3,085 | 3,074 |
Pacific Gas & Electric Co. | 3.250% | 6/15/23 | 3,450 | 3,478 |
Pacific Gas & Electric Co. | 3.850% | 11/15/23 | 350 | 363 |
Pacific Gas & Electric Co. | 3.750% | 2/15/24 | 8,263 | 8,572 |
Pacific Gas & Electric Co. | 3.400% | 8/15/24 | 5,580 | 5,654 |
Pacific Gas & Electric Co. | 3.500% | 6/15/25 | 6,100 | 6,186 |
Pacific Gas & Electric Co. | 2.950% | 3/1/26 | 6,337 | 6,160 |
5 Pacific Gas & Electric Co. | 3.300% | 12/1/27 | 10,500 | 10,408 |
PacifiCorp | 2.950% | 6/1/23 | 1,500 | 1,514 |
PacifiCorp | 3.600% | 4/1/24 | 3,575 | 3,737 |
Potomac Electric Power Co. | 3.600% | 3/15/24 | 250 | 261 |
PPL Capital Funding Inc. | 3.400% | 6/1/23 | 6,225 | 6,344 |
PPL Capital Funding Inc. | 3.950% | 3/15/24 | 1,545 | 1,614 |
PPL Capital Funding Inc. | 3.100% | 5/15/26 | 7,636 | 7,473 |
Public Service Co. of New Hampshire | 3.500% | 11/1/23 | 1,550 | 1,597 |
Public Service Electric & Gas Co. | 2.375% | 5/15/23 | 7,879 | 7,742 |
Public Service Electric & Gas Co. | 3.000% | 5/15/25 | 3,815 | 3,811 |
Public Service Electric & Gas Co. | 2.250% | 9/15/26 | 3,875 | 3,644 |
Public Service Electric & Gas Co. | 3.000% | 5/15/27 | 2,000 | 1,994 |
Puget Energy Inc. | 3.650% | 5/15/25 | 5,765 | 5,902 |
San Diego Gas & Electric Co. | 3.600% | 9/1/23 | 3,923 | 4,071 |
San Diego Gas & Electric Co. | 2.500% | 5/15/26 | 4,650 | 4,464 |
Scottish Power Ltd. | 5.810% | 3/15/25 | 900 | 1,031 |
Sierra Pacific Power Co. | 2.600% | 5/1/26 | 4,825 | 4,658 |
Southern California Edison Co. | 3.500% | 10/1/23 | 2,225 | 2,304 |
Southern Co. | 2.950% | 7/1/23 | 13,000 | 12,925 |
Southern Co. | 3.250% | 7/1/26 | 16,220 | 15,907 |
Southern Power Co. | 4.150% | 12/1/25 | 4,200 | 4,421 |
Southwestern Electric Power Co. | 2.750% | 10/1/26 | 8,750 | 8,403 |
Southwestern Public Service Co. | 3.300% | 6/15/24 | 2,650 | 2,719 |
Tucson Electric Power Co. | 3.050% | 3/15/25 | 750 | 733 |
Union Electric Co. | 3.500% | 4/15/24 | 3,275 | 3,394 |
Union Electric Co. | 2.950% | 6/15/27 | 3,500 | 3,467 |
Virginia Electric & Power Co. | 2.750% | 3/15/23 | 4,800 | 4,792 |
Virginia Electric & Power Co. | 3.450% | 2/15/24 | 2,000 | 2,061 |
Virginia Electric & Power Co. | 3.100% | 5/15/25 | 3,200 | 3,216 |
Virginia Electric & Power Co. | 3.150% | 1/15/26 | 9,590 | 9,682 |
Virginia Electric & Power Co. | 2.950% | 11/15/26 | 6,192 | 6,128 |
Virginia Electric & Power Co. | 3.500% | 3/15/27 | 8,300 | 8,574 |
WEC Energy Group Inc. | 3.550% | 6/15/25 | 3,632 | 3,715 |
Westar Energy Inc. | 2.550% | 7/1/26 | 3,835 | 3,688 |
Westar Energy Inc. | 3.100% | 4/1/27 | 3,177 | 3,178 |
Wisconsin Power & Light Co. | 3.050% | 10/15/27 | 2,700 | 2,692 |
Xcel Energy Inc. | 3.300% | 6/1/25 | 5,800 | 5,886 |
Xcel Energy Inc. | 3.350% | 12/1/26 | 4,575 | 4,644 |
Natural Gas (0.2%) | ||||
Atmos Energy Corp. | 3.000% | 6/15/27 | 4,800 | 4,763 |
NiSource Finance Corp. | 3.490% | 5/15/27 | 9,000 | 9,155 |
ONE Gas Inc. | 3.610% | 2/1/24 | 1,845 | 1,916 |
Sempra Energy | 4.050% | 12/1/23 | 6,500 | 6,790 |
69
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Sempra Energy | 3.750% | 11/15/25 | 6,985 | 7,150 |
Sempra Energy | 3.250% | 6/15/27 | 7,375 | 7,307 |
Southern California Gas Co. | 2.600% | 6/15/26 | 11,000 | 10,670 |
Southern Co. Gas Capital Corp. | 2.450% | 10/1/23 | 3,050 | 2,957 |
Southern Co. Gas Capital Corp. | 3.875% | 11/15/25 | 1,100 | 1,128 |
Southern Co. Gas Capital Corp. | 3.250% | 6/15/26 | 1,525 | 1,502 |
Spire Missouri Inc. | 3.400% | 8/15/23 | 1,375 | 1,400 |
Other Utility (0.0%) | ||||
American Water Capital Corp. | 3.850% | 3/1/24 | 2,525 | 2,662 |
American Water Capital Corp. | 3.400% | 3/1/25 | 6,068 | 6,232 |
American Water Capital Corp. | 2.950% | 9/1/27 | 5,500 | 5,445 |
732,377 | ||||
Total Corporate Bonds (Cost $14,302,162) | 14,467,898 | |||
Sovereign Bonds (5.4%) | ||||
Asian Development Bank | 2.000% | 1/22/25 | 14,355 | 13,902 |
Asian Development Bank | 2.125% | 3/19/25 | 2,000 | 1,949 |
Asian Development Bank | 2.000% | 4/24/26 | 8,300 | 7,969 |
Asian Development Bank | 1.750% | 8/14/26 | 15,700 | 14,740 |
Asian Development Bank | 2.625% | 1/12/27 | 10,000 | 10,040 |
Asian Development Bank | 2.375% | 8/10/27 | 2,700 | 2,652 |
Asian Development Bank | 2.500% | 11/2/27 | 13,945 | 13,807 |
CNOOC Finance 2013 Ltd. | 3.000% | 5/9/23 | 20,875 | 20,650 |
CNOOC Finance 2015 USA LLC | 3.500% | 5/5/25 | 17,375 | 17,515 |
CNOOC Nexen Finance 2014 ULC | 4.250% | 4/30/24 | 19,900 | 20,989 |
Corp. Andina de Fomento | 2.750% | 1/6/23 | 16,015 | 15,871 |
Ecopetrol SA | 5.875% | 9/18/23 | 14,449 | 15,984 |
Ecopetrol SA | 4.125% | 1/16/25 | 10,693 | 10,773 |
Ecopetrol SA | 5.375% | 6/26/26 | 14,815 | 15,926 |
Emirates Telecommunications Group Co. PJSC | 3.500% | 6/18/24 | 2,000 | 2,043 |
European Investment Bank | 3.250% | 1/29/24 | 38,685 | 40,354 |
European Investment Bank | 2.500% | 10/15/24 | 8,725 | 8,746 |
European Investment Bank | 1.875% | 2/10/25 | 36,440 | 34,874 |
European Investment Bank | 2.125% | 4/13/26 | 9,900 | 9,577 |
European Investment Bank | 2.375% | 5/24/27 | 9,415 | 9,228 |
Export-Import Bank of Korea | 4.000% | 1/14/24 | 5,100 | 5,347 |
Export-Import Bank of Korea | 2.875% | 1/21/25 | 13,800 | 13,464 |
Export-Import Bank of Korea | 3.250% | 11/10/25 | 10,200 | 10,169 |
Export-Import Bank of Korea | 2.625% | 5/26/26 | 13,000 | 12,375 |
Export-Import Bank of Korea | 3.250% | 8/12/26 | 4,400 | 4,385 |
Hydro-Quebec | 8.050% | 7/7/24 | 8,825 | 11,401 |
Industrial & Commercial Bank of China Ltd. | 3.538% | 11/8/27 | 4,000 | 3,978 |
Inter-American Development Bank | 3.000% | 10/4/23 | 7,200 | 7,415 |
Inter-American Development Bank | 3.000% | 2/21/24 | 32,100 | 33,007 |
Inter-American Development Bank | 2.125% | 1/15/25 | 20,550 | 20,082 |
Inter-American Development Bank | 7.000% | 6/15/25 | 4,050 | 5,112 |
Inter-American Development Bank | 2.000% | 6/2/26 | 5,600 | 5,342 |
Inter-American Development Bank | 2.375% | 7/7/27 | 19,903 | 19,554 |
International Bank for Reconstruction & Development | 7.625% | 1/19/23 | 2,807 | 3,499 |
International Bank for Reconstruction & Development | 2.125% | 2/13/23 | 175 | 173 |
International Bank for Reconstruction & Development | 1.750% | 4/19/23 | 24,000 | 23,235 |
International Bank for Reconstruction & Development | 2.500% | 11/25/24 | 47,800 | 47,859 |
International Bank for Reconstruction & Development | 2.125% | 3/3/25 | 860 | 841 |
International Bank for Reconstruction & Development | 2.500% | 7/29/25 | 35,400 | 35,303 |
International Bank for Reconstruction & Development | 8.875% | 3/1/26 | 1,000 | 1,427 |
International Bank for Reconstruction & Development | 1.875% | 10/27/26 | 12,300 | 11,635 |
International Bank for Reconstruction & Development | 2.500% | 11/22/27 | 25,015 | 24,831 |
International Finance Corp. | 2.125% | 4/7/26 | 8,550 | 8,272 |
6 Japan Bank for International Cooperation | 3.375% | 7/31/23 | 725 | 750 |
6 Japan Bank for International Cooperation | 3.000% | 5/29/24 | 18,450 | 18,762 |
6 Japan Bank for International Cooperation | 2.125% | 2/10/25 | 24,705 | 23,708 |
6 Japan Bank for International Cooperation | 2.500% | 5/28/25 | 1,600 | 1,578 |
6 Japan Bank for International Cooperation | 2.750% | 1/21/26 | 10,000 | 9,990 |
70
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
6 Japan Bank for International Cooperation | 2.375% | 4/20/26 | 6,000 | 5,793 |
6 Japan Bank for International Cooperation | 2.250% | 11/4/26 | 30,000 | 28,706 |
6 Japan Bank for International Cooperation | 2.875% | 6/1/27 | 26,000 | 26,129 |
6 Japan Bank for International Cooperation | 2.875% | 7/21/27 | 16,000 | 16,080 |
6 Japan Bank for International Cooperation | 2.750% | 11/16/27 | 6,040 | 6,007 |
6 Japan International Cooperation Agency | 2.750% | 4/27/27 | 8,500 | 8,380 |
7 KFW | 2.125% | 1/17/23 | 32,925 | 32,528 |
7 KFW | 2.500% | 11/20/24 | 55,040 | 54,886 |
7 KFW | 2.000% | 5/2/25 | 19,000 | 18,324 |
Korea Development Bank | 2.750% | 3/19/23 | 3,700 | 3,632 |
Korea Development Bank | 3.750% | 1/22/24 | 8,050 | 8,335 |
Korea Development Bank | 3.000% | 1/13/26 | 10,000 | 9,808 |
Korea Development Bank | 2.000% | 9/12/26 | 8,750 | 7,906 |
7 Landwirtschaftliche Rentenbank | 2.000% | 1/13/25 | 14,150 | 13,684 |
7 Landwirtschaftliche Rentenbank | 2.375% | 6/10/25 | 11,800 | 11,673 |
7 Landwirtschaftliche Rentenbank | 1.750% | 7/27/26 | 14,925 | 13,984 |
7 Landwirtschaftliche Rentenbank | 2.500% | 11/15/27 | 16,740 | 16,589 |
4 Oriental Republic of Uruguay | 4.500% | 8/14/24 | 13,726 | 14,880 |
4 Oriental Republic of Uruguay | 4.375% | 10/27/27 | 9,600 | 10,332 |
Petroleos Mexicanos | 3.500% | 1/30/23 | 30,230 | 29,671 |
Petroleos Mexicanos | 4.625% | 9/21/23 | 10,000 | 10,272 |
Petroleos Mexicanos | 4.875% | 1/18/24 | 22,120 | 23,023 |
4 Petroleos Mexicanos | 2.290% | 2/15/24 | 1,235 | 1,231 |
Petroleos Mexicanos | 4.250% | 1/15/25 | 8,150 | 8,143 |
Petroleos Mexicanos | 4.500% | 1/23/26 | 8,420 | 8,451 |
Petroleos Mexicanos | 6.875% | 8/4/26 | 31,880 | 36,118 |
5 Petroleos Mexicanos | 6.500% | 3/13/27 | 26,050 | 28,469 |
5 Petroleos Mexicanos | 6.500% | 3/13/27 | 27,700 | 30,272 |
Province of British Columbia | 6.500% | 1/15/26 | 1,935 | 2,410 |
Province of British Columbia | 2.250% | 6/2/26 | 7,140 | 6,913 |
Province of Manitoba | 3.050% | 5/14/24 | 13,600 | 13,860 |
Province of Manitoba | 2.125% | 6/22/26 | 4,000 | 3,767 |
Province of Nova Scotia | 8.250% | 7/30/22 | 4,700 | 5,701 |
Province of Ontario | 3.200% | 5/16/24 | 11,150 | 11,487 |
Province of Ontario | 2.500% | 4/27/26 | 7,500 | 7,348 |
Province of Quebec | 2.625% | 2/13/23 | 7,245 | 7,259 |
Province of Quebec | 7.125% | 2/9/24 | 11,125 | 13,686 |
Province of Quebec | 2.875% | 10/16/24 | 14,020 | 14,167 |
Province of Quebec | 2.500% | 4/20/26 | 24,000 | 23,549 |
Province of Quebec | 2.750% | 4/12/27 | 25,000 | 24,808 |
Republic of Chile | 3.125% | 3/27/25 | 250 | 255 |
Republic of Chile | 3.125% | 1/21/26 | 22,813 | 23,087 |
4 Republic of Colombia | 2.625% | 3/15/23 | 13,825 | 13,484 |
Republic of Colombia | 4.000% | 2/26/24 | 25,525 | 26,444 |
Republic of Colombia | 8.125% | 5/21/24 | 6,090 | 7,736 |
4 Republic of Colombia | 4.500% | 1/28/26 | 10,861 | 11,610 |
4 Republic of Colombia | 3.875% | 4/25/27 | 21,700 | 22,091 |
Republic of Finland | 6.950% | 2/15/26 | 695 | 883 |
Republic of Hungary | 5.375% | 2/21/23 | 30,480 | 33,909 |
Republic of Hungary | 5.750% | 11/22/23 | 18,683 | 21,369 |
Republic of Hungary | 5.375% | 3/25/24 | 13,925 | 15,753 |
Republic of Indonesia | 2.950% | 1/11/23 | 9,300 | 9,255 |
Republic of Italy | 6.875% | 9/27/23 | 29,365 | 34,563 |
Republic of Korea | 3.875% | 9/11/23 | 10,965 | 11,466 |
Republic of Korea | 5.625% | 11/3/25 | 1,775 | 2,096 |
Republic of Korea | 2.750% | 1/19/27 | 12,500 | 12,211 |
4 Republic of Panama | 4.000% | 9/22/24 | 15,580 | 16,532 |
4 Republic of Panama | 3.750% | 3/16/25 | 15,690 | 16,296 |
Republic of Panama | 7.125% | 1/29/26 | 8,869 | 11,299 |
Republic of Panama | 8.875% | 9/30/27 | 4,670 | 6,776 |
Republic of Peru | 7.350% | 7/21/25 | 18,225 | 23,711 |
Republic of Peru | 4.125% | 8/25/27 | 6,885 | 7,515 |
Republic of Poland | 3.000% | 3/17/23 | 13,955 | 14,182 |
Republic of Poland | 4.000% | 1/22/24 | 22,747 | 24,254 |
71
Vanguard® Intermediate-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Republic of Poland | 3.250% | 4/6/26 | 16,800 | 17,157 |
Republic of the Philippines | 4.200% | 1/21/24 | 14,780 | 16,055 |
Republic of the Philippines | 9.500% | 10/21/24 | 3,400 | 4,858 |
Republic of the Philippines | 10.625% | 3/16/25 | 10,805 | 16,329 |
Republic of the Philippines | 5.500% | 3/30/26 | 9,225 | 10,897 |
State of Israel | 3.150% | 6/30/23 | 9,800 | 10,039 |
State of Israel | 2.875% | 3/16/26 | 10,000 | 9,978 |
Statoil ASA | 2.450% | 1/17/23 | 14,402 | 14,284 |
Statoil ASA | 2.650% | 1/15/24 | 16,769 | 16,681 |
Statoil ASA | 3.700% | 3/1/24 | 4,458 | 4,680 |
Statoil ASA | 3.250% | 11/10/24 | 7,062 | 7,248 |
Statoil ASA | 7.250% | 9/23/27 | 325 | 430 |
United Mexican States | 4.000% | 10/2/23 | 32,305 | 33,833 |
United Mexican States | 3.600% | 1/30/25 | 37,885 | 38,346 |
United Mexican States | 4.125% | 1/21/26 | 17,100 | 17,838 |
United Mexican States | 11.500% | 5/15/26 | 500 | 787 |
United Mexican States | 4.150% | 3/28/27 | 27,625 | 28,689 |
Total Sovereign Bonds (Cost $1,875,833) | 1,884,250 | |||
Taxable Municipal Bonds (0.1%) | ||||
Alabama Economic Settlement Authority BP | ||||
Settlement Revenue | 3.163% | 9/15/25 | 2,300 | 2,325 |
California GO | 6.650% | 3/1/22 | 3,500 | 3,973 |
Energy Northwest Washington Electric Revenue | ||||
(Columbia Generating Station) | 2.814% | 7/1/24 | 4,000 | 3,993 |
Illinois GO | 4.950% | 6/1/23 | 9,089 | 9,485 |
Oregon GO | 5.762% | 6/1/23 | 1,768 | 1,942 |
Oregon GO | 5.892% | 6/1/27 | 2,900 | 3,488 |
Regents of the University of California Revenue | 3.063% | 7/1/25 | 4,500 | 4,549 |
South Carolina Public Service Authority Revenue | 2.388% | 12/1/23 | 3,100 | 2,951 |
Utah GO | 4.554% | 7/1/24 | 9,895 | 10,705 |
Utah GO | 3.539% | 7/1/25 | 65 | 68 |
Wisconsin General Fund Annual Appropriation Revenue | 3.154% | 5/1/27 | 3,300 | 3,346 |
8 Wisconsin GO | 5.700% | 5/1/26 | 3,245 | 3,721 |
Total Taxable Municipal Bonds (Cost $50,524) | 50,546 | |||
Shares | ||||
Temporary Cash Investment (1.1%) | ||||
Money Market Fund (1.1%) | ||||
9 Vanguard Market Liquidity Fund (Cost | ||||
$371,555) | 1.458% | 3,715,263 | 371,563 | |
Total Investments (100.1%) (Cost $35,046,454) | 34,915,549 | |||
Other Assets and Liabilities—Net (-0.1%) | (37,429) | |||
Net Assets (100%) | 34,878,120 |
1 U.S. government-guaranteed.
2 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S. Treasury nor backed by the full
faith and credit of the U.S. government.
3 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal
Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior
preferred stock.
4 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and
prepayments or the possibility of the issue being called.
5 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from
registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value of these securities was $575,025,000,
representing 1.6% of net assets.
6 Guaranteed by the Government of Japan.
72
Vanguard® Intermediate-Term Bond Index Fund
Schedule of Investments
December 31, 2017
7 Guaranteed by the Federal Republic of Germany.
8 Scheduled principal and interest payments are guaranteed by AGM (Assured Guaranty Municipal Corporation).
9 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day
yield.
GO—General Obligation Bond.
REIT—Real Estate Investment Trust.
73
Vanguard® Long-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
U.S. Government and Agency Obligations (40.9%) | |||||
U.S. Government Securities (39.2%) | |||||
United States Treasury Note/Bond | 2.250% | 11/15/27 | 18,744 | 18,474 | |
United States Treasury Note/Bond | 5.500% | 8/15/28 | 375 | 483 | |
United States Treasury Note/Bond | 5.250% | 11/15/28 | 18,830 | 23,885 | |
United States Treasury Note/Bond | 5.250% | 2/15/29 | 21,176 | 26,960 | |
United States Treasury Note/Bond | 6.125% | 8/15/29 | 18,620 | 25,547 | |
United States Treasury Note/Bond | 6.250% | 5/15/30 | 37,340 | 52,474 | |
United States Treasury Note/Bond | 5.375% | 2/15/31 | 49,105 | 65,217 | |
United States Treasury Note/Bond | 4.500% | 2/15/36 | 51,185 | 65,901 | |
United States Treasury Note/Bond | 4.750% | 2/15/37 | 17,760 | 23,654 | |
United States Treasury Note/Bond | 5.000% | 5/15/37 | 27,434 | 37,614 | |
United States Treasury Note/Bond | 4.375% | 2/15/38 | 31,823 | 40,663 | |
United States Treasury Note/Bond | 4.500% | 5/15/38 | 25,300 | 32,878 | |
United States Treasury Note/Bond | 3.500% | 2/15/39 | 41,292 | 47,118 | |
United States Treasury Note/Bond | 4.250% | 5/15/39 | 52,662 | 66,535 | |
United States Treasury Note/Bond | 4.500% | 8/15/39 | 56,381 | 73,621 | |
United States Treasury Note/Bond | 4.375% | 11/15/39 | 63,480 | 81,651 | |
United States Treasury Note/Bond | 4.625% | 2/15/40 | 73,261 | 97,368 | |
United States Treasury Note/Bond | 4.375% | 5/15/40 | 67,098 | 86,452 | |
United States Treasury Note/Bond | 3.875% | 8/15/40 | 51,315 | 61,803 | |
United States Treasury Note/Bond | 4.250% | 11/15/40 | 52,550 | 66,689 | |
United States Treasury Note/Bond | 4.750% | 2/15/41 | 67,480 | 91,551 | |
United States Treasury Note/Bond | 4.375% | 5/15/41 | 49,545 | 64,076 | |
United States Treasury Note/Bond | 3.750% | 8/15/41 | 73,875 | 87,496 | |
United States Treasury Note/Bond | 3.125% | 11/15/41 | 49,577 | 53,265 | |
United States Treasury Note/Bond | 3.125% | 2/15/42 | 87,402 | 93,903 | |
United States Treasury Note/Bond | 3.000% | 5/15/42 | 46,600 | 49,025 | |
United States Treasury Note/Bond | 2.750% | 8/15/42 | 126,358 | 127,128 | |
United States Treasury Note/Bond | 2.750% | 11/15/42 | 117,313 | 117,955 | |
United States Treasury Note/Bond | 3.125% | 2/15/43 | 119,640 | 128,520 | |
United States Treasury Note/Bond | 2.875% | 5/15/43 | 150,255 | 154,340 | |
United States Treasury Note/Bond | 3.625% | 8/15/43 | 117,700 | 137,359 | |
United States Treasury Note/Bond | 3.750% | 11/15/43 | 124,610 | 148,344 | |
United States Treasury Note/Bond | 3.625% | 2/15/44 | 142,444 | 166,459 | |
United States Treasury Note/Bond | 3.375% | 5/15/44 | 116,587 | 130,687 | |
United States Treasury Note/Bond | 3.125% | 8/15/44 | 118,838 | 127,565 | |
United States Treasury Note/Bond | 3.000% | 11/15/44 | 148,056 | 155,482 | |
United States Treasury Note/Bond | 2.500% | 2/15/45 | 143,067 | 136,382 | |
United States Treasury Note/Bond | 3.000% | 5/15/45 | 149,455 | 156,952 | |
United States Treasury Note/Bond | 2.875% | 8/15/45 | 132,712 | 136,009 | |
United States Treasury Note/Bond | 3.000% | 11/15/45 | 89,750 | 94,265 | |
United States Treasury Note/Bond | 2.500% | 2/15/46 | 128,432 | 122,211 | |
United States Treasury Note/Bond | 2.500% | 5/15/46 | 136,466 | 129,791 | |
United States Treasury Note/Bond | 2.250% | 8/15/46 | 105,279 | 94,932 | |
United States Treasury Note/Bond | 2.875% | 11/15/46 | 159,264 | 163,345 | |
United States Treasury Note/Bond | 3.000% | 2/15/47 | 143,089 | 150,422 | |
United States Treasury Note/Bond | 3.000% | 5/15/47 | 76,616 | 80,543 | |
United States Treasury Note/Bond | 2.750% | 8/15/47 | 184,071 | 184,244 | |
United States Treasury Note/Bond | 2.750% | 11/15/47 | 156,355 | 156,550 | |
4,433,788 | |||||
Agency Bonds and Notes (1.7%) | |||||
1 | Federal Home Loan Banks | 5.625% | 3/14/36 | 1,000 | 1,347 |
1 | Federal Home Loan Banks | 5.500% | 7/15/36 | 9,195 | 12,598 |
2 | Federal Home Loan Mortgage Corp. | 6.750% | 9/15/29 | 1,890 | 2,627 |
2 | Federal Home Loan Mortgage Corp. | 6.750% | 3/15/31 | 16,260 | 23,208 |
2 | Federal Home Loan Mortgage Corp. | 6.250% | 7/15/32 | 19,487 | 27,286 |
2 | Federal National Mortgage Assn. | 6.250% | 5/15/29 | 16,280 | 21,708 |
2 | Federal National Mortgage Assn. | 7.125% | 1/15/30 | 9,175 | 13,177 |
2 | Federal National Mortgage Assn. | 7.250% | 5/15/30 | 10,305 | 15,024 |
2 | Federal National Mortgage Assn. | 6.625% | 11/15/30 | 9,050 | 12,727 |
2 | Federal National Mortgage Assn. | 5.625% | 7/15/37 | 6,080 | 8,489 |
2 | Federal National Mortgage Assn. | 6.210% | 8/6/38 | 700 | 1,042 |
74
Vanguard® Long-Term Bond Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
1 | Tennessee Valley Authority | 7.125% | 5/1/30 | 3,970 | 5,701 |
1 | Tennessee Valley Authority | 4.650% | 6/15/35 | 4,510 | 5,478 |
1 | Tennessee Valley Authority | 5.880% | 4/1/36 | 4,535 | 6,333 |
1 | Tennessee Valley Authority | 5.980% | 4/1/36 | 1,000 | 1,402 |
1 | Tennessee Valley Authority | 6.150% | 1/15/38 | 2,450 | 3,590 |
1 | Tennessee Valley Authority | 5.500% | 6/15/38 | 1,175 | 1,606 |
1 | Tennessee Valley Authority | 5.250% | 9/15/39 | 10,585 | 14,213 |
1 | Tennessee Valley Authority | 4.875% | 1/15/48 | 2,650 | 3,439 |
1 | Tennessee Valley Authority | 5.375% | 4/1/56 | 1,950 | 2,747 |
1 | Tennessee Valley Authority | 4.625% | 9/15/60 | 1,400 | 1,761 |
1 | Tennessee Valley Authority | 4.250% | 9/15/65 | 3,500 | 4,122 |
189,625 | |||||
Total U.S. Government and Agency Obligations (Cost $4,398,043) | 4,623,413 | ||||
Corporate Bonds (50.3%) | |||||
Finance (8.6%) | |||||
Banking (4.8%) | |||||
American Express Co. | 4.050% | 12/3/42 | 2,366 | 2,491 | |
Banco Santander SA | 3.800% | 2/23/28 | 3,400 | 3,399 | |
3,4 | Bank of America Corp. | 3.419% | 12/20/28 | 539 | 538 |
Bank of America Corp. | 6.110% | 1/29/37 | 6,965 | 8,864 | |
3 | Bank of America Corp. | 4.244% | 4/24/38 | 6,950 | 7,513 |
Bank of America Corp. | 7.750% | 5/14/38 | 6,495 | 9,728 | |
Bank of America Corp. | 5.875% | 2/7/42 | 6,800 | 8,930 | |
Bank of America Corp. | 5.000% | 1/21/44 | 12,041 | 14,540 | |
Bank of America Corp. | 4.875% | 4/1/44 | 5,465 | 6,542 | |
Bank of America Corp. | 4.750% | 4/21/45 | 1,990 | 2,242 | |
3 | Bank of America Corp. | 4.443% | 1/20/48 | 1,000 | 1,119 |
Bank of America NA | 6.000% | 10/15/36 | 4,400 | 5,708 | |
Bank of New York Mellon Corp. | 3.000% | 10/30/28 | 1,000 | 970 | |
Bank of New York Mellon Corp. | 3.300% | 8/23/29 | 3,200 | 3,183 | |
Bank One Capital III | 8.750% | 9/1/30 | 575 | 840 | |
Barclays plc | 4.337% | 1/10/28 | 8,205 | 8,469 | |
Barclays plc | 4.836% | 5/9/28 | 7,150 | 7,416 | |
Barclays plc | 5.250% | 8/17/45 | 2,500 | 2,902 | |
Barclays plc | 4.950% | 1/10/47 | 4,060 | 4,521 | |
Citigroup Inc. | 6.625% | 1/15/28 | 625 | 769 | |
Citigroup Inc. | 4.125% | 7/25/28 | 9,188 | 9,474 | |
Citigroup Inc. | 6.625% | 6/15/32 | 3,600 | 4,582 | |
Citigroup Inc. | 6.000% | 10/31/33 | 3,251 | 3,967 | |
Citigroup Inc. | 6.125% | 8/25/36 | 2,033 | 2,552 | |
Citigroup Inc. | 8.125% | 7/15/39 | 7,334 | 11,695 | |
Citigroup Inc. | 5.875% | 1/30/42 | 3,385 | 4,413 | |
Citigroup Inc. | 6.675% | 9/13/43 | 3,119 | 4,303 | |
Citigroup Inc. | 4.950% | 11/7/43 | 1,983 | 2,265 | |
Citigroup Inc. | 5.300% | 5/6/44 | 4,875 | 5,754 | |
Citigroup Inc. | 4.650% | 7/30/45 | 650 | 740 | |
Citigroup Inc. | 4.750% | 5/18/46 | 2,990 | 3,301 | |
3 | Citigroup Inc. | 4.281% | 4/24/48 | 3,650 | 3,921 |
Cooperatieve Rabobank UA | 5.250% | 5/24/41 | 6,925 | 8,755 | |
Cooperatieve Rabobank UA | 5.750% | 12/1/43 | 1,955 | 2,488 | |
Cooperatieve Rabobank UA | 5.250% | 8/4/45 | 7,091 | 8,572 | |
4 | Credit Suisse Group AG | 4.282% | 1/9/28 | 3,425 | 3,560 |
Credit Suisse Group Funding Guernsey Ltd. | 4.875% | 5/15/45 | 5,625 | 6,476 | |
Credit Suisse USA Inc. | 7.125% | 7/15/32 | 1,275 | 1,758 | |
Fifth Third Bancorp | 8.250% | 3/1/38 | 3,345 | 5,111 | |
First Republic Bank | 4.375% | 8/1/46 | 1,300 | 1,323 | |
First Republic Bank | 4.625% | 2/13/47 | 1,350 | 1,437 | |
Goldman Sachs Capital I | 6.345% | 2/15/34 | 4,650 | 5,813 | |
Goldman Sachs Group Inc. | 6.125% | 2/15/33 | 8,572 | 10,921 | |
Goldman Sachs Group Inc. | 6.450% | 5/1/36 | 2,525 | 3,233 | |
Goldman Sachs Group Inc. | 6.750% | 10/1/37 | 18,840 | 25,226 | |
3 | Goldman Sachs Group Inc. | 4.017% | 10/31/38 | 9,150 | 9,374 |
75
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Goldman Sachs Group Inc. | 6.250% | 2/1/41 | 8,755 | 11,697 |
Goldman Sachs Group Inc. | 4.800% | 7/8/44 | 6,525 | 7,392 |
Goldman Sachs Group Inc. | 5.150% | 5/22/45 | 6,780 | 7,828 |
Goldman Sachs Group Inc. | 4.750% | 10/21/45 | 5,280 | 6,015 |
HSBC Bank USA NA | 5.875% | 11/1/34 | 3,290 | 4,240 |
HSBC Bank USA NA | 5.625% | 8/15/35 | 2,235 | 2,823 |
HSBC Bank USA NA | 7.000% | 1/15/39 | 2,500 | 3,663 |
HSBC Holdings plc | 7.625% | 5/17/32 | 1,450 | 1,971 |
HSBC Holdings plc | 7.350% | 11/27/32 | 200 | 267 |
HSBC Holdings plc | 6.500% | 5/2/36 | 7,800 | 10,191 |
HSBC Holdings plc | 6.500% | 9/15/37 | 7,350 | 9,678 |
HSBC Holdings plc | 6.800% | 6/1/38 | 2,440 | 3,331 |
HSBC Holdings plc | 6.100% | 1/14/42 | 3,670 | 5,040 |
HSBC Holdings plc | 5.250% | 3/14/44 | 9,315 | 10,952 |
JPMorgan Chase & Co. | 6.400% | 5/15/38 | 8,287 | 11,358 |
3 JPMorgan Chase & Co. | 3.882% | 7/24/38 | 9,075 | 9,284 |
JPMorgan Chase & Co. | 5.500% | 10/15/40 | 4,275 | 5,380 |
JPMorgan Chase & Co. | 5.600% | 7/15/41 | 6,000 | 7,686 |
JPMorgan Chase & Co. | 5.400% | 1/6/42 | 4,998 | 6,273 |
JPMorgan Chase & Co. | 5.625% | 8/16/43 | 3,650 | 4,531 |
JPMorgan Chase & Co. | 4.850% | 2/1/44 | 3,950 | 4,680 |
JPMorgan Chase & Co. | 4.950% | 6/1/45 | 7,189 | 8,260 |
3 JPMorgan Chase & Co. | 4.260% | 2/22/48 | 6,855 | 7,350 |
3 JPMorgan Chase & Co. | 4.032% | 7/24/48 | 5,675 | 5,871 |
3 JPMorgan Chase & Co. | 3.964% | 11/15/48 | 5,900 | 6,087 |
KeyBank NA | 6.950% | 2/1/28 | 1,218 | 1,519 |
Lloyds Banking Group plc | 5.300% | 12/1/45 | 2,110 | 2,480 |
Morgan Stanley | 7.250% | 4/1/32 | 3,125 | 4,300 |
3 Morgan Stanley | 3.971% | 7/22/38 | 6,450 | 6,632 |
Morgan Stanley | 6.375% | 7/24/42 | 8,425 | 11,709 |
Morgan Stanley | 4.300% | 1/27/45 | 9,405 | 10,087 |
Morgan Stanley | 4.375% | 1/22/47 | 7,730 | 8,400 |
Regions Bank | 6.450% | 6/26/37 | 2,000 | 2,537 |
Regions Financial Corp. | 7.375% | 12/10/37 | 1,000 | 1,396 |
Wachovia Bank NA | 5.850% | 2/1/37 | 3,250 | 4,145 |
Wachovia Corp. | 7.500% | 4/15/35 | 1,940 | 2,621 |
Wachovia Corp. | 5.500% | 8/1/35 | 1,860 | 2,227 |
Wachovia Corp. | 6.550% | 10/15/35 | 125 | 159 |
Wells Fargo & Co. | 5.375% | 2/7/35 | 2,450 | 2,968 |
Wells Fargo & Co. | 5.375% | 11/2/43 | 6,685 | 7,957 |
Wells Fargo & Co. | 5.606% | 1/15/44 | 10,121 | 12,480 |
Wells Fargo & Co. | 4.650% | 11/4/44 | 4,600 | 5,013 |
Wells Fargo & Co. | 3.900% | 5/1/45 | 6,845 | 7,061 |
Wells Fargo & Co. | 4.900% | 11/17/45 | 4,766 | 5,391 |
Wells Fargo & Co. | 4.400% | 6/14/46 | 6,970 | 7,373 |
Wells Fargo & Co. | 4.750% | 12/7/46 | 7,175 | 7,980 |
Wells Fargo Bank NA | 5.950% | 8/26/36 | 2,155 | 2,755 |
Wells Fargo Bank NA | 6.600% | 1/15/38 | 4,975 | 6,938 |
3 Wells Fargo Capital X | 5.950% | 12/1/86 | 3,025 | 3,452 |
Brokerage (0.2%) | ||||
Brookfield Finance Inc. | 4.700% | 9/20/47 | 1,200 | 1,257 |
Charles Schwab Corp. | 3.200% | 1/25/28 | 1,725 | 1,721 |
CME Group Inc. | 5.300% | 9/15/43 | 2,500 | 3,202 |
Invesco Finance plc | 5.375% | 11/30/43 | 1,965 | 2,422 |
Jefferies Group LLC | 6.250% | 1/15/36 | 1,750 | 1,989 |
Jefferies Group LLC | 6.500% | 1/20/43 | 1,350 | 1,574 |
Legg Mason Inc. | 5.625% | 1/15/44 | 1,900 | 2,121 |
Raymond James Financial Inc. | 4.950% | 7/15/46 | 2,725 | 3,085 |
Finance Companies (0.4%) | ||||
GATX Corp. | 3.500% | 3/15/28 | 1,200 | 1,184 |
GATX Corp. | 5.200% | 3/15/44 | 875 | 1,005 |
GE Capital International Funding Co. Unlimited Co. | 4.418% | 11/15/35 | 39,416 | 42,643 |
76
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Insurance (2.8%) | ||||
ACE Capital Trust II | 9.700% | 4/1/30 | 1,100 | 1,656 |
Aetna Inc. | 6.625% | 6/15/36 | 2,600 | 3,439 |
Aetna Inc. | 6.750% | 12/15/37 | 1,800 | 2,451 |
Aetna Inc. | 4.500% | 5/15/42 | 1,725 | 1,849 |
Aetna Inc. | 4.125% | 11/15/42 | 1,700 | 1,732 |
Aetna Inc. | 4.750% | 3/15/44 | 1,250 | 1,399 |
Aetna Inc. | 3.875% | 8/15/47 | 3,350 | 3,293 |
Aflac Inc. | 4.000% | 10/15/46 | 1,275 | 1,329 |
Alleghany Corp. | 4.900% | 9/15/44 | 975 | 1,052 |
Allstate Corp. | 5.550% | 5/9/35 | 1,435 | 1,770 |
Allstate Corp. | 5.950% | 4/1/36 | 1,050 | 1,367 |
Allstate Corp. | 4.500% | 6/15/43 | 1,655 | 1,880 |
Allstate Corp. | 4.200% | 12/15/46 | 3,800 | 4,155 |
3 Allstate Corp. | 6.500% | 5/15/67 | 1,675 | 2,010 |
American Financial Group Inc. | 4.500% | 6/15/47 | 2,000 | 2,065 |
American International Group Inc. | 3.875% | 1/15/35 | 4,140 | 4,136 |
American International Group Inc. | 4.700% | 7/10/35 | 1,650 | 1,810 |
American International Group Inc. | 6.250% | 5/1/36 | 3,415 | 4,389 |
American International Group Inc. | 4.500% | 7/16/44 | 6,245 | 6,744 |
American International Group Inc. | 4.800% | 7/10/45 | 1,857 | 2,077 |
American International Group Inc. | 4.375% | 1/15/55 | 3,675 | 3,744 |
3 American International Group Inc. | 8.175% | 5/15/68 | 1,500 | 2,056 |
Anthem Inc. | 5.950% | 12/15/34 | 1 | 1 |
Anthem Inc. | 4.625% | 5/15/42 | 3,150 | 3,479 |
Anthem Inc. | 4.650% | 1/15/43 | 925 | 1,022 |
Anthem Inc. | 5.100% | 1/15/44 | 4,075 | 4,750 |
Anthem Inc. | 4.650% | 8/15/44 | 2,970 | 3,305 |
Anthem Inc. | 4.375% | 12/1/47 | 7,370 | 7,844 |
Anthem Inc. | 4.850% | 8/15/54 | 500 | 549 |
Aon Corp. | 6.250% | 9/30/40 | 975 | 1,265 |
Aon plc | 4.600% | 6/14/44 | 1,775 | 1,919 |
Aon plc | 4.750% | 5/15/45 | 2,150 | 2,385 |
Arch Capital Finance LLC | 5.031% | 12/15/46 | 1,450 | 1,677 |
Arch Capital Group Ltd. | 7.350% | 5/1/34 | 925 | 1,262 |
Arch Capital Group US Inc. | 5.144% | 11/1/43 | 2,150 | 2,493 |
Assurant Inc. | 6.750% | 2/15/34 | 1,189 | 1,471 |
AXA SA | 8.600% | 12/15/30 | 5,095 | 7,333 |
Berkshire Hathaway Finance Corp. | 5.750% | 1/15/40 | 3,335 | 4,393 |
Berkshire Hathaway Finance Corp. | 4.400% | 5/15/42 | 2,289 | 2,567 |
Berkshire Hathaway Finance Corp. | 4.300% | 5/15/43 | 1,055 | 1,177 |
Berkshire Hathaway Inc. | 4.500% | 2/11/43 | 3,407 | 3,891 |
4 Brighthouse Financial Inc. | 4.700% | 6/22/47 | 5,400 | 5,501 |
Chubb Corp. | 6.000% | 5/11/37 | 2,675 | 3,567 |
Chubb Corp. | 6.500% | 5/15/38 | 1,605 | 2,269 |
Chubb INA Holdings Inc. | 6.700% | 5/15/36 | 2,000 | 2,807 |
Chubb INA Holdings Inc. | 4.150% | 3/13/43 | 1,602 | 1,738 |
Chubb INA Holdings Inc. | 4.350% | 11/3/45 | 4,481 | 5,026 |
Cigna Corp. | 5.375% | 2/15/42 | 945 | 1,147 |
Cigna Corp. | 3.875% | 10/15/47 | 3,455 | 3,449 |
Cincinnati Financial Corp. | 6.920% | 5/15/28 | 1,400 | 1,808 |
Cincinnati Financial Corp. | 6.125% | 11/1/34 | 1,350 | 1,715 |
Endurance Specialty Holdings Ltd. | 7.000% | 7/15/34 | 1,125 | 1,436 |
Everest Reinsurance Holdings Inc. | 4.868% | 6/1/44 | 1,500 | 1,591 |
Hartford Financial Services Group Inc. | 5.950% | 10/15/36 | 1,500 | 1,904 |
Hartford Financial Services Group Inc. | 6.100% | 10/1/41 | 1,450 | 1,918 |
Hartford Financial Services Group Inc. | 4.300% | 4/15/43 | 425 | 455 |
Humana Inc. | 4.625% | 12/1/42 | 2,201 | 2,379 |
Humana Inc. | 4.950% | 10/1/44 | 3,015 | 3,459 |
Humana Inc. | 4.800% | 3/15/47 | 1,100 | 1,240 |
Lincoln National Corp. | 6.150% | 4/7/36 | 1,016 | 1,256 |
Lincoln National Corp. | 6.300% | 10/9/37 | 900 | 1,150 |
Lincoln National Corp. | 7.000% | 6/15/40 | 2,295 | 3,176 |
77
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Loews Corp. | 6.000% | 2/1/35 | 1,125 | 1,411 |
Loews Corp. | 4.125% | 5/15/43 | 1,615 | 1,664 |
Manulife Financial Corp. | 5.375% | 3/4/46 | 2,810 | 3,507 |
Markel Corp. | 5.000% | 4/5/46 | 1,800 | 2,013 |
Marsh & McLennan Cos. Inc. | 5.875% | 8/1/33 | 625 | 785 |
Marsh & McLennan Cos. Inc. | 4.350% | 1/30/47 | 2,850 | 3,160 |
MetLife Inc. | 6.500% | 12/15/32 | 2,025 | 2,646 |
MetLife Inc. | 6.375% | 6/15/34 | 2,725 | 3,701 |
MetLife Inc. | 5.700% | 6/15/35 | 3,855 | 4,878 |
MetLife Inc. | 5.875% | 2/6/41 | 2,953 | 3,871 |
MetLife Inc. | 4.125% | 8/13/42 | 2,900 | 3,053 |
MetLife Inc. | 4.875% | 11/13/43 | 4,475 | 5,244 |
MetLife Inc. | 4.721% | 12/15/44 | 3,075 | 3,567 |
MetLife Inc. | 4.050% | 3/1/45 | 2,300 | 2,404 |
MetLife Inc. | 4.600% | 5/13/46 | 1,125 | 1,282 |
3 MetLife Inc. | 6.400% | 12/15/66 | 4,745 | 5,480 |
3 MetLife Inc. | 10.750% | 8/1/69 | 840 | 1,403 |
3 Nationwide Financial Services Inc. | 6.750% | 5/15/87 | 975 | 1,092 |
Principal Financial Group Inc. | 4.625% | 9/15/42 | 1,375 | 1,511 |
Principal Financial Group Inc. | 4.350% | 5/15/43 | 1,525 | 1,637 |
Principal Financial Group Inc. | 4.300% | 11/15/46 | 750 | 800 |
Progressive Corp. | 6.625% | 3/1/29 | 1,050 | 1,337 |
Progressive Corp. | 4.350% | 4/25/44 | 3,115 | 3,463 |
Progressive Corp. | 4.125% | 4/15/47 | 3,500 | 3,782 |
Prudential Financial Inc. | 5.750% | 7/15/33 | 350 | 434 |
Prudential Financial Inc. | 5.700% | 12/14/36 | 2,650 | 3,328 |
Prudential Financial Inc. | 6.625% | 12/1/37 | 2,568 | 3,605 |
Prudential Financial Inc. | 6.625% | 6/21/40 | 1,150 | 1,622 |
Prudential Financial Inc. | 6.200% | 11/15/40 | 1,725 | 2,289 |
Prudential Financial Inc. | 5.100% | 8/15/43 | 1,195 | 1,417 |
Prudential Financial Inc. | 4.600% | 5/15/44 | 2,863 | 3,256 |
4 Prudential Financial Inc. | 3.905% | 12/7/47 | 3,511 | 3,580 |
4 Prudential Financial Inc. | 3.935% | 12/7/49 | 2,353 | 2,405 |
Transatlantic Holdings Inc. | 8.000% | 11/30/39 | 1,000 | 1,373 |
Travelers Cos. Inc. | 6.750% | 6/20/36 | 1,000 | 1,408 |
Travelers Cos. Inc. | 6.250% | 6/15/37 | 2,434 | 3,296 |
Travelers Cos. Inc. | 5.350% | 11/1/40 | 3,055 | 3,815 |
Travelers Cos. Inc. | 4.600% | 8/1/43 | 1,825 | 2,104 |
Travelers Cos. Inc. | 4.300% | 8/25/45 | 775 | 855 |
Travelers Cos. Inc. | 3.750% | 5/15/46 | 2,030 | 2,072 |
Travelers Cos. Inc. | 4.000% | 5/30/47 | 2,000 | 2,117 |
Travelers Property Casualty Corp. | 6.375% | 3/15/33 | 2,055 | 2,711 |
UnitedHealth Group Inc. | 4.625% | 7/15/35 | 4,000 | 4,613 |
UnitedHealth Group Inc. | 5.800% | 3/15/36 | 1,635 | 2,116 |
UnitedHealth Group Inc. | 6.500% | 6/15/37 | 915 | 1,272 |
UnitedHealth Group Inc. | 6.625% | 11/15/37 | 2,425 | 3,441 |
UnitedHealth Group Inc. | 6.875% | 2/15/38 | 4,010 | 5,788 |
UnitedHealth Group Inc. | 5.700% | 10/15/40 | 100 | 128 |
UnitedHealth Group Inc. | 5.950% | 2/15/41 | 1,050 | 1,387 |
UnitedHealth Group Inc. | 4.625% | 11/15/41 | 2,950 | 3,358 |
UnitedHealth Group Inc. | 4.375% | 3/15/42 | 1,675 | 1,846 |
UnitedHealth Group Inc. | 3.950% | 10/15/42 | 2,150 | 2,245 |
UnitedHealth Group Inc. | 4.250% | 3/15/43 | 4,100 | 4,440 |
UnitedHealth Group Inc. | 4.750% | 7/15/45 | 5,105 | 6,032 |
UnitedHealth Group Inc. | 4.200% | 1/15/47 | 4,450 | 4,837 |
UnitedHealth Group Inc. | 4.250% | 4/15/47 | 3,000 | 3,294 |
UnitedHealth Group Inc. | 3.750% | 10/15/47 | 2,100 | 2,140 |
Unum Group | 5.750% | 8/15/42 | 1,805 | 2,208 |
Voya Financial Inc. | 5.700% | 7/15/43 | 1,325 | 1,624 |
Voya Financial Inc. | 4.800% | 6/15/46 | 1,350 | 1,495 |
WR Berkley Corp. | 4.750% | 8/1/44 | 1,370 | 1,473 |
XLIT Ltd. | 5.250% | 12/15/43 | 1,150 | 1,331 |
XLIT Ltd. | 5.500% | 3/31/45 | 1,500 | 1,575 |
78
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Real Estate Investment Trusts (0.4%) | ||||
Alexandria Real Estate Equities Inc. | 3.950% | 1/15/28 | 1,450 | 1,478 |
Alexandria Real Estate Equities Inc. | 4.500% | 7/30/29 | 800 | 849 |
AvalonBay Communities Inc. | 3.200% | 1/15/28 | 1,600 | 1,590 |
AvalonBay Communities Inc. | 3.900% | 10/15/46 | 1,150 | 1,149 |
AvalonBay Communities Inc. | 4.150% | 7/1/47 | 525 | 547 |
ERP Operating LP | 4.500% | 7/1/44 | 2,150 | 2,327 |
ERP Operating LP | 4.500% | 6/1/45 | 1,800 | 1,973 |
ERP Operating LP | 4.000% | 8/1/47 | 1,000 | 1,015 |
Federal Realty Investment Trust | 4.500% | 12/1/44 | 2,050 | 2,232 |
HCP Inc. | 6.750% | 2/1/41 | 900 | 1,199 |
Healthcare Realty Trust Inc. | 3.625% | 1/15/28 | 1,100 | 1,088 |
Hospitality Properties Trust | 3.950% | 1/15/28 | 1,375 | 1,340 |
Kilroy Realty LP | 4.250% | 8/15/29 | 1,350 | 1,392 |
Kimco Realty Corp. | 4.250% | 4/1/45 | 1,000 | 995 |
Kimco Realty Corp. | 4.125% | 12/1/46 | 1,200 | 1,169 |
Kimco Realty Corp. | 4.450% | 9/1/47 | 980 | 1,007 |
Omega Healthcare Investors Inc. | 4.750% | 1/15/28 | 1,550 | 1,534 |
Physicians Realty LP | 3.950% | 1/15/28 | 1,200 | 1,189 |
Realty Income Corp. | 3.650% | 1/15/28 | 2,400 | 2,409 |
Realty Income Corp. | 4.650% | 3/15/47 | 3,475 | 3,834 |
Regency Centers LP | 4.400% | 2/1/47 | 1,450 | 1,495 |
Simon Property Group LP | 6.750% | 2/1/40 | 2,320 | 3,218 |
Simon Property Group LP | 4.750% | 3/15/42 | 1,500 | 1,665 |
Simon Property Group LP | 4.250% | 10/1/44 | 1,240 | 1,290 |
Simon Property Group LP | 4.250% | 11/30/46 | 2,700 | 2,847 |
UDR Inc. | 3.500% | 1/15/28 | 1,200 | 1,195 |
Ventas Realty LP | 5.700% | 9/30/43 | 750 | 915 |
Ventas Realty LP | 4.375% | 2/1/45 | 1,575 | 1,618 |
Welltower Inc. | 6.500% | 3/15/41 | 1,540 | 2,019 |
970,105 | ||||
Industrial (35.7%) | ||||
Basic Industry (2.3%) | ||||
Agrium Inc. | 4.125% | 3/15/35 | 3,200 | 3,296 |
Agrium Inc. | 7.125% | 5/23/36 | 500 | 676 |
Agrium Inc. | 6.125% | 1/15/41 | 1,510 | 1,909 |
Agrium Inc. | 4.900% | 6/1/43 | 2,975 | 3,316 |
Agrium Inc. | 5.250% | 1/15/45 | 1,790 | 2,084 |
Albemarle Corp. | 5.450% | 12/1/44 | 1,250 | 1,477 |
Barrick Gold Corp. | 5.250% | 4/1/42 | 1,697 | 1,982 |
Barrick North America Finance LLC | 5.700% | 5/30/41 | 3,625 | 4,434 |
Barrick North America Finance LLC | 5.750% | 5/1/43 | 2,611 | 3,260 |
Barrick PD Australia Finance Pty Ltd. | 5.950% | 10/15/39 | 3,415 | 4,239 |
BHP Billiton Finance USA Ltd. | 4.125% | 2/24/42 | 3,435 | 3,659 |
BHP Billiton Finance USA Ltd. | 5.000% | 9/30/43 | 8,775 | 10,685 |
4 Celulosa Arauco y Constitucion SA | 5.500% | 11/2/47 | 2,200 | 2,288 |
Dow Chemical Co. | 7.375% | 11/1/29 | 2,733 | 3,640 |
Dow Chemical Co. | 4.250% | 10/1/34 | 1,850 | 1,942 |
Dow Chemical Co. | 9.400% | 5/15/39 | 2,515 | 4,289 |
Dow Chemical Co. | 5.250% | 11/15/41 | 2,825 | 3,300 |
Dow Chemical Co. | 4.375% | 11/15/42 | 5,224 | 5,468 |
Dow Chemical Co. | 4.625% | 10/1/44 | 3,490 | 3,801 |
Eastman Chemical Co. | 4.800% | 9/1/42 | 2,090 | 2,304 |
Eastman Chemical Co. | 4.650% | 10/15/44 | 2,605 | 2,817 |
Ecolab Inc. | 5.500% | 12/8/41 | 469 | 586 |
4 Ecolab Inc. | 3.950% | 12/1/47 | 3,829 | 3,915 |
EI du Pont de Nemours & Co. | 6.500% | 1/15/28 | 775 | 973 |
EI du Pont de Nemours & Co. | 5.600% | 12/15/36 | 627 | 761 |
EI du Pont de Nemours & Co. | 4.900% | 1/15/41 | 2,290 | 2,608 |
EI du Pont de Nemours & Co. | 4.150% | 2/15/43 | 2,375 | 2,445 |
Georgia-Pacific LLC | 7.250% | 6/1/28 | 200 | 265 |
Georgia-Pacific LLC | 7.750% | 11/15/29 | 1,215 | 1,701 |
Georgia-Pacific LLC | 8.875% | 5/15/31 | 1,500 | 2,312 |
79
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Goldcorp Inc. | 5.450% | 6/9/44 | 1,425 | 1,652 |
International Flavors & Fragrances Inc. | 4.375% | 6/1/47 | 1,725 | 1,826 |
International Paper Co. | 5.000% | 9/15/35 | 2,050 | 2,318 |
International Paper Co. | 7.300% | 11/15/39 | 1,840 | 2,570 |
International Paper Co. | 6.000% | 11/15/41 | 1,870 | 2,344 |
International Paper Co. | 4.800% | 6/15/44 | 4,146 | 4,511 |
International Paper Co. | 5.150% | 5/15/46 | 1,750 | 2,017 |
International Paper Co. | 4.400% | 8/15/47 | 4,625 | 4,859 |
International Paper Co. | 4.350% | 8/15/48 | 2,850 | 2,977 |
Lubrizol Corp. | 6.500% | 10/1/34 | 825 | 1,095 |
LYB International Finance BV | 5.250% | 7/15/43 | 1,525 | 1,776 |
LYB International Finance BV | 4.875% | 3/15/44 | 3,980 | 4,341 |
LyondellBasell Industries NV | 4.625% | 2/26/55 | 3,385 | 3,483 |
Meadwestvaco Corp. | 7.950% | 2/15/31 | 2,125 | 2,934 |
Methanex Corp. | 5.650% | 12/1/44 | 1,100 | 1,137 |
Monsanto Co. | 4.200% | 7/15/34 | 2,600 | 2,700 |
Monsanto Co. | 5.875% | 4/15/38 | 1,100 | 1,347 |
Monsanto Co. | 3.600% | 7/15/42 | 425 | 385 |
Monsanto Co. | 3.950% | 4/15/45 | 2,800 | 2,761 |
Monsanto Co. | 4.700% | 7/15/64 | 2,195 | 2,283 |
Mosaic Co. | 5.450% | 11/15/33 | 1,725 | 1,864 |
Mosaic Co. | 4.875% | 11/15/41 | 1,130 | 1,122 |
Mosaic Co. | 5.625% | 11/15/43 | 1,950 | 2,098 |
Newmont Mining Corp. | 5.875% | 4/1/35 | 1,410 | 1,709 |
Newmont Mining Corp. | 6.250% | 10/1/39 | 2,385 | 3,044 |
Newmont Mining Corp. | 4.875% | 3/15/42 | 4,300 | 4,722 |
Nucor Corp. | 6.400% | 12/1/37 | 1,793 | 2,385 |
Nucor Corp. | 5.200% | 8/1/43 | 2,030 | 2,446 |
Placer Dome Inc. | 6.450% | 10/15/35 | 900 | 1,141 |
Potash Corp. of Saskatchewan Inc. | 5.875% | 12/1/36 | 1,465 | 1,789 |
Potash Corp. of Saskatchewan Inc. | 5.625% | 12/1/40 | 2,005 | 2,405 |
Praxair Inc. | 3.550% | 11/7/42 | 2,310 | 2,320 |
Rio Tinto Alcan Inc. | 7.250% | 3/15/31 | 1,000 | 1,322 |
Rio Tinto Alcan Inc. | 5.750% | 6/1/35 | 2,650 | 3,211 |
Rio Tinto Finance USA Ltd. | 7.125% | 7/15/28 | 3,800 | 5,011 |
Rio Tinto Finance USA Ltd. | 5.200% | 11/2/40 | 4,325 | 5,256 |
Rio Tinto Finance USA plc | 4.750% | 3/22/42 | 1,250 | 1,445 |
Rio Tinto Finance USA plc | 4.125% | 8/21/42 | 4,200 | 4,515 |
Rohm & Haas Co. | 7.850% | 7/15/29 | 1,300 | 1,778 |
RPM International Inc. | 5.250% | 6/1/45 | 500 | 571 |
RPM International Inc. | 4.250% | 1/15/48 | 1,850 | 1,839 |
Sherwin-Williams Co. | 4.000% | 12/15/42 | 400 | 399 |
Sherwin-Williams Co. | 4.550% | 8/1/45 | 1,360 | 1,474 |
Sherwin-Williams Co. | 4.500% | 6/1/47 | 3,200 | 3,485 |
Southern Copper Corp. | 7.500% | 7/27/35 | 3,050 | 4,133 |
Southern Copper Corp. | 6.750% | 4/16/40 | 4,420 | 5,748 |
Southern Copper Corp. | 5.250% | 11/8/42 | 3,745 | 4,190 |
Southern Copper Corp. | 5.875% | 4/23/45 | 5,525 | 6,679 |
Syngenta Finance NV | 4.375% | 3/28/42 | 350 | 299 |
Vale Canada Ltd. | 7.200% | 9/15/32 | 1,050 | 1,209 |
Vale Overseas Ltd. | 8.250% | 1/17/34 | 1,765 | 2,336 |
Vale Overseas Ltd. | 6.875% | 11/21/36 | 9,175 | 11,251 |
Vale Overseas Ltd. | 6.875% | 11/10/39 | 4,965 | 6,070 |
Vale SA | 5.625% | 9/11/42 | 7,040 | 7,709 |
Westlake Chemical Corp. | 5.000% | 8/15/46 | 3,050 | 3,424 |
Westlake Chemical Corp. | 4.375% | 11/15/47 | 1,250 | 1,297 |
Westrock MWV LLC | 8.200% | 1/15/30 | 545 | 765 |
Weyerhaeuser Co. | 7.375% | 3/15/32 | 3,215 | 4,439 |
Weyerhaeuser Co. | 6.875% | 12/15/33 | 1,750 | 2,273 |
Capital Goods (2.7%) | ||||
3M Co. | 3.875% | 6/15/44 | 350 | 373 |
3M Co. | 3.125% | 9/19/46 | 3,000 | 2,811 |
3M Co. | 3.625% | 10/15/47 | 2,500 | 2,564 |
80
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
ABB Finance USA Inc. | 4.375% | 5/8/42 | 1,675 | 1,796 |
Boeing Co. | 6.125% | 2/15/33 | 1,725 | 2,300 |
Boeing Co. | 3.300% | 3/1/35 | 1,800 | 1,771 |
Boeing Co. | 6.625% | 2/15/38 | 1,600 | 2,264 |
Boeing Co. | 6.875% | 3/15/39 | 1,363 | 2,002 |
Boeing Co. | 5.875% | 2/15/40 | 575 | 764 |
Boeing Co. | 3.375% | 6/15/46 | 1,200 | 1,164 |
Boeing Co. | 3.650% | 3/1/47 | 1,000 | 1,005 |
Caterpillar Inc. | 5.300% | 9/15/35 | 1,100 | 1,361 |
Caterpillar Inc. | 6.050% | 8/15/36 | 1,425 | 1,909 |
Caterpillar Inc. | 5.200% | 5/27/41 | 2,150 | 2,697 |
Caterpillar Inc. | 3.803% | 8/15/42 | 6,878 | 7,333 |
Caterpillar Inc. | 4.300% | 5/15/44 | 2,250 | 2,586 |
Caterpillar Inc. | 4.750% | 5/15/64 | 2,550 | 2,992 |
Deere & Co. | 5.375% | 10/16/29 | 2,469 | 2,989 |
Deere & Co. | 8.100% | 5/15/30 | 800 | 1,149 |
Deere & Co. | 7.125% | 3/3/31 | 200 | 276 |
Deere & Co. | 3.900% | 6/9/42 | 3,850 | 4,165 |
Dover Corp. | 5.375% | 10/15/35 | 825 | 995 |
Dover Corp. | 6.600% | 3/15/38 | 575 | 778 |
Dover Corp. | 5.375% | 3/1/41 | 1,450 | 1,778 |
Eaton Corp. | 4.000% | 11/2/32 | 2,840 | 2,952 |
Eaton Corp. | 4.150% | 11/2/42 | 2,650 | 2,749 |
Eaton Corp. | 3.915% | 9/15/47 | 1,300 | 1,296 |
Emerson Electric Co. | 6.000% | 8/15/32 | 1,650 | 2,028 |
Emerson Electric Co. | 5.250% | 11/15/39 | 175 | 207 |
Fortive Corp. | 4.300% | 6/15/46 | 1,275 | 1,359 |
General Dynamics Corp. | 3.600% | 11/15/42 | 1,705 | 1,726 |
General Electric Co. | 6.750% | 3/15/32 | 9,225 | 12,631 |
General Electric Co. | 6.150% | 8/7/37 | 4,382 | 5,822 |
General Electric Co. | 5.875% | 1/14/38 | 9,149 | 11,802 |
General Electric Co. | 6.875% | 1/10/39 | 7,672 | 11,033 |
General Electric Co. | 4.125% | 10/9/42 | 5,512 | 5,777 |
General Electric Co. | 4.500% | 3/11/44 | 8,495 | 9,411 |
Harris Corp. | 4.854% | 4/27/35 | 1,600 | 1,786 |
Harris Corp. | 6.150% | 12/15/40 | 845 | 1,061 |
Harris Corp. | 5.054% | 4/27/45 | 1,655 | 1,942 |
Honeywell International Inc. | 5.700% | 3/15/36 | 1,700 | 2,205 |
Honeywell International Inc. | 5.700% | 3/15/37 | 2,050 | 2,679 |
Honeywell International Inc. | 5.375% | 3/1/41 | 1,720 | 2,199 |
Illinois Tool Works Inc. | 4.875% | 9/15/41 | 2,533 | 3,048 |
Illinois Tool Works Inc. | 3.900% | 9/1/42 | 3,975 | 4,227 |
Ingersoll-Rand Global Holding Co. Ltd. | 5.750% | 6/15/43 | 1,750 | 2,199 |
Ingersoll-Rand Luxembourg Finance SA | 4.650% | 11/1/44 | 1,375 | 1,525 |
Johnson Controls International plc | 6.000% | 1/15/36 | 1,150 | 1,429 |
Johnson Controls International plc | 5.700% | 3/1/41 | 1,050 | 1,233 |
Johnson Controls International plc | 4.625% | 7/2/44 | 1,425 | 1,569 |
Johnson Controls International plc | 5.125% | 9/14/45 | 2,345 | 2,765 |
Johnson Controls International plc | 4.500% | 2/15/47 | 1,325 | 1,438 |
Johnson Controls International plc | 4.950% | 7/2/64 | 1,150 | 1,272 |
Lafarge SA | 7.125% | 7/15/36 | 1,350 | 1,769 |
Lockheed Martin Corp. | 4.500% | 5/15/36 | 1,675 | 1,873 |
Lockheed Martin Corp. | 6.150% | 9/1/36 | 2,535 | 3,349 |
Lockheed Martin Corp. | 5.720% | 6/1/40 | 2,239 | 2,858 |
Lockheed Martin Corp. | 4.850% | 9/15/41 | 1,925 | 2,192 |
Lockheed Martin Corp. | 4.070% | 12/15/42 | 6,345 | 6,668 |
Lockheed Martin Corp. | 3.800% | 3/1/45 | 2,150 | 2,167 |
Lockheed Martin Corp. | 4.700% | 5/15/46 | 5,060 | 5,881 |
Lockheed Martin Corp. | 4.090% | 9/15/52 | 3,600 | 3,769 |
Martin Marietta Materials Inc. | 4.250% | 12/15/47 | 2,200 | 2,177 |
Masco Corp. | 7.750% | 8/1/29 | 443 | 577 |
Masco Corp. | 6.500% | 8/15/32 | 160 | 195 |
Masco Corp. | 4.500% | 5/15/47 | 825 | 842 |
Northrop Grumman Corp. | 3.250% | 1/15/28 | 6,500 | 6,513 |
81
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Northrop Grumman Corp. | 5.050% | 11/15/40 | 1,900 | 2,234 |
Northrop Grumman Corp. | 4.750% | 6/1/43 | 2,075 | 2,390 |
Northrop Grumman Corp. | 3.850% | 4/15/45 | 2,541 | 2,574 |
Northrop Grumman Corp. | 4.030% | 10/15/47 | 7,125 | 7,450 |
Northrop Grumman Systems Corp. | 7.750% | 2/15/31 | 1,465 | 2,088 |
Owens Corning | 7.000% | 12/1/36 | 1,084 | 1,423 |
Owens Corning | 4.300% | 7/15/47 | 2,750 | 2,703 |
Parker-Hannifin Corp. | 4.200% | 11/21/34 | 1,900 | 2,057 |
Parker-Hannifin Corp. | 6.250% | 5/15/38 | 1,095 | 1,446 |
Parker-Hannifin Corp. | 4.450% | 11/21/44 | 2,000 | 2,227 |
Parker-Hannifin Corp. | 4.100% | 3/1/47 | 2,072 | 2,221 |
Precision Castparts Corp. | 4.200% | 6/15/35 | 200 | 214 |
Precision Castparts Corp. | 3.900% | 1/15/43 | 1,505 | 1,558 |
Precision Castparts Corp. | 4.375% | 6/15/45 | 1,575 | 1,763 |
Raytheon Co. | 4.875% | 10/15/40 | 2,000 | 2,403 |
Raytheon Co. | 4.700% | 12/15/41 | 2,450 | 2,887 |
Republic Services Inc. | 6.200% | 3/1/40 | 1,110 | 1,445 |
Republic Services Inc. | 5.700% | 5/15/41 | 1,175 | 1,461 |
Rockwell Collins Inc. | 4.800% | 12/15/43 | 1,025 | 1,171 |
Rockwell Collins Inc. | 4.350% | 4/15/47 | 3,955 | 4,283 |
Sonoco Products Co. | 5.750% | 11/1/40 | 1,700 | 2,038 |
Stanley Black & Decker Inc. | 5.200% | 9/1/40 | 1,300 | 1,530 |
Textron Inc. | 3.375% | 3/1/28 | 2,100 | 2,086 |
United Technologies Corp. | 6.700% | 8/1/28 | 1,175 | 1,503 |
United Technologies Corp. | 7.500% | 9/15/29 | 1,905 | 2,621 |
United Technologies Corp. | 5.400% | 5/1/35 | 2,275 | 2,713 |
United Technologies Corp. | 6.050% | 6/1/36 | 4,525 | 5,806 |
United Technologies Corp. | 6.125% | 7/15/38 | 2,275 | 3,023 |
United Technologies Corp. | 5.700% | 4/15/40 | 4,435 | 5,644 |
United Technologies Corp. | 4.500% | 6/1/42 | 10,125 | 11,188 |
United Technologies Corp. | 4.150% | 5/15/45 | 2,199 | 2,336 |
United Technologies Corp. | 3.750% | 11/1/46 | 4,500 | 4,442 |
United Technologies Corp. | 4.050% | 5/4/47 | 2,000 | 2,094 |
Vulcan Materials Co. | 4.500% | 6/15/47 | 2,415 | 2,461 |
Waste Management Inc. | 3.900% | 3/1/35 | 2,540 | 2,666 |
Waste Management Inc. | 4.100% | 3/1/45 | 3,420 | 3,663 |
WW Grainger Inc. | 4.600% | 6/15/45 | 3,600 | 3,975 |
WW Grainger Inc. | 3.750% | 5/15/46 | 1,400 | 1,345 |
WW Grainger Inc. | 4.200% | 5/15/47 | 600 | 623 |
Xylem Inc. | 4.375% | 11/1/46 | 1,675 | 1,796 |
Communication (7.4%) | ||||
21st Century Fox America Inc. | 6.550% | 3/15/33 | 1,225 | 1,602 |
21st Century Fox America Inc. | 6.200% | 12/15/34 | 3,690 | 4,755 |
21st Century Fox America Inc. | 6.400% | 12/15/35 | 3,930 | 5,243 |
21st Century Fox America Inc. | 8.150% | 10/17/36 | 1,125 | 1,717 |
21st Century Fox America Inc. | 6.150% | 3/1/37 | 2,980 | 3,901 |
21st Century Fox America Inc. | 6.650% | 11/15/37 | 3,395 | 4,675 |
21st Century Fox America Inc. | 7.850% | 3/1/39 | 775 | 1,189 |
21st Century Fox America Inc. | 6.900% | 8/15/39 | 3,113 | 4,398 |
21st Century Fox America Inc. | 6.150% | 2/15/41 | 4,575 | 6,148 |
21st Century Fox America Inc. | 5.400% | 10/1/43 | 3,610 | 4,476 |
21st Century Fox America Inc. | 4.750% | 9/15/44 | 4,115 | 4,713 |
21st Century Fox America Inc. | 4.950% | 10/15/45 | 600 | 709 |
21st Century Fox America Inc. | 7.750% | 12/1/45 | 1,995 | 3,124 |
Activision Blizzard Inc. | 4.500% | 6/15/47 | 2,125 | 2,227 |
America Movil SAB de CV | 6.375% | 3/1/35 | 4,360 | 5,527 |
America Movil SAB de CV | 6.125% | 11/15/37 | 1,375 | 1,724 |
America Movil SAB de CV | 6.125% | 3/30/40 | 6,115 | 7,781 |
America Movil SAB de CV | 4.375% | 7/16/42 | 4,000 | 4,224 |
American Tower Corp. | 3.600% | 1/15/28 | 2,400 | 2,385 |
AT&T Corp. | 8.250% | 11/15/31 | 1,842 | 2,555 |
4 AT&T Inc. | 4.100% | 2/15/28 | 8,700 | 8,726 |
4 AT&T Inc. | 4.300% | 2/15/30 | 11,044 | 11,019 |
82
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
AT&T Inc. | 4.500% | 5/15/35 | 8,508 | 8,453 |
AT&T Inc. | 5.250% | 3/1/37 | 10,225 | 10,818 |
AT&T Inc. | 4.900% | 8/14/37 | 15,675 | 15,904 |
AT&T Inc. | 6.350% | 3/15/40 | 2,510 | 2,948 |
AT&T Inc. | 6.000% | 8/15/40 | 4,175 | 4,790 |
AT&T Inc. | 5.350% | 9/1/40 | 6,718 | 7,087 |
AT&T Inc. | 6.375% | 3/1/41 | 3,983 | 4,708 |
AT&T Inc. | 5.550% | 8/15/41 | 3,830 | 4,140 |
AT&T Inc. | 5.150% | 3/15/42 | 4,225 | 4,359 |
AT&T Inc. | 4.300% | 12/15/42 | 6,675 | 6,263 |
AT&T Inc. | 4.800% | 6/15/44 | 8,175 | 8,038 |
AT&T Inc. | 4.350% | 6/15/45 | 9,311 | 8,630 |
AT&T Inc. | 4.750% | 5/15/46 | 11,875 | 11,561 |
4 AT&T Inc. | 5.150% | 11/15/46 | 14,922 | 15,253 |
AT&T Inc. | 5.450% | 3/1/47 | 8,775 | 9,372 |
AT&T Inc. | 4.500% | 3/9/48 | 15,767 | 14,769 |
AT&T Inc. | 4.550% | 3/9/49 | 8,634 | 8,083 |
AT&T Inc. | 5.150% | 2/14/50 | 18,625 | 18,730 |
AT&T Inc. | 5.700% | 3/1/57 | 3,395 | 3,712 |
AT&T Inc. | 5.300% | 8/14/58 | 8,725 | 8,748 |
British Telecommunications plc | 9.125% | 12/15/30 | 9,300 | 13,834 |
CBS Corp. | 3.375% | 2/15/28 | 2,300 | 2,210 |
4 CBS Corp. | 3.700% | 6/1/28 | 1,975 | 1,946 |
CBS Corp. | 7.875% | 7/30/30 | 2,703 | 3,693 |
CBS Corp. | 5.500% | 5/15/33 | 1,323 | 1,454 |
CBS Corp. | 5.900% | 10/15/40 | 900 | 1,071 |
CBS Corp. | 4.850% | 7/1/42 | 2,361 | 2,482 |
CBS Corp. | 4.900% | 8/15/44 | 3,230 | 3,408 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 3.750% | 2/15/28 | 3,750 | 3,593 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 4.200% | 3/15/28 | 4,425 | 4,391 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 6.384% | 10/23/35 | 8,134 | 9,531 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 6.484% | 10/23/45 | 12,147 | 14,203 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 5.375% | 5/1/47 | 8,775 | 9,051 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 6.834% | 10/23/55 | 1,750 | 2,096 |
Comcast Corp. | 3.150% | 2/15/28 | 5,700 | 5,722 |
Comcast Corp. | 4.250% | 1/15/33 | 3,192 | 3,469 |
Comcast Corp. | 7.050% | 3/15/33 | 1,050 | 1,462 |
Comcast Corp. | 4.200% | 8/15/34 | 4,287 | 4,571 |
Comcast Corp. | 5.650% | 6/15/35 | 2,575 | 3,211 |
Comcast Corp. | 4.400% | 8/15/35 | 4,995 | 5,456 |
Comcast Corp. | 6.500% | 11/15/35 | 5,040 | 6,806 |
Comcast Corp. | 3.200% | 7/15/36 | 3,590 | 3,438 |
Comcast Corp. | 6.450% | 3/15/37 | 3,148 | 4,271 |
Comcast Corp. | 6.950% | 8/15/37 | 2,740 | 3,900 |
Comcast Corp. | 6.400% | 5/15/38 | 2,006 | 2,719 |
Comcast Corp. | 6.400% | 3/1/40 | 1,671 | 2,317 |
Comcast Corp. | 4.650% | 7/15/42 | 4,365 | 4,921 |
Comcast Corp. | 4.500% | 1/15/43 | 1,750 | 1,937 |
Comcast Corp. | 4.750% | 3/1/44 | 4,610 | 5,263 |
Comcast Corp. | 4.600% | 8/15/45 | 5,935 | 6,662 |
Comcast Corp. | 3.400% | 7/15/46 | 4,910 | 4,608 |
Comcast Corp. | 4.000% | 8/15/47 | 3,000 | 3,130 |
Comcast Corp. | 3.969% | 11/1/47 | 6,790 | 7,013 |
Comcast Corp. | 3.999% | 11/1/49 | 6,765 | 6,919 |
Comcast Corp. | 4.049% | 11/1/52 | 5,260 | 5,374 |
Crown Castle International Corp. | 4.750% | 5/15/47 | 1,575 | 1,656 |
Deutsche Telekom International Finance BV | 8.750% | 6/15/30 | 14,053 | 21,003 |
Discovery Communications LLC | 3.950% | 3/20/28 | 5,900 | 5,844 |
83
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Discovery Communications LLC | 5.000% | 9/20/37 | 4,250 | 4,388 |
Discovery Communications LLC | 6.350% | 6/1/40 | 3,550 | 4,168 |
Discovery Communications LLC | 4.950% | 5/15/42 | 1,725 | 1,717 |
Discovery Communications LLC | 4.875% | 4/1/43 | 3,365 | 3,356 |
Discovery Communications LLC | 5.200% | 9/20/47 | 4,025 | 4,217 |
Grupo Televisa SAB | 8.500% | 3/11/32 | 1,135 | 1,507 |
Grupo Televisa SAB | 6.625% | 1/15/40 | 1,410 | 1,732 |
Grupo Televisa SAB | 5.000% | 5/13/45 | 3,525 | 3,570 |
Grupo Televisa SAB | 6.125% | 1/31/46 | 4,000 | 4,719 |
Koninklijke KPN NV | 8.375% | 10/1/30 | 3,175 | 4,330 |
4 Moody's Corp. | 3.250% | 1/15/28 | 1,725 | 1,701 |
Moody's Corp. | 5.250% | 7/15/44 | 2,100 | 2,525 |
NBCUniversal Media LLC | 6.400% | 4/30/40 | 2,395 | 3,250 |
NBCUniversal Media LLC | 5.950% | 4/1/41 | 4,030 | 5,260 |
NBCUniversal Media LLC | 4.450% | 1/15/43 | 3,470 | 3,783 |
Orange SA | 9.000% | 3/1/31 | 8,276 | 12,440 |
Orange SA | 5.375% | 1/13/42 | 3,075 | 3,648 |
Orange SA | 5.500% | 2/6/44 | 2,810 | 3,440 |
Rogers Communications Inc. | 7.500% | 8/15/38 | 2,500 | 3,524 |
Rogers Communications Inc. | 4.500% | 3/15/43 | 2,575 | 2,755 |
Rogers Communications Inc. | 5.450% | 10/1/43 | 800 | 966 |
Rogers Communications Inc. | 5.000% | 3/15/44 | 2,415 | 2,773 |
S&P Global Inc. | 6.550% | 11/15/37 | 1,400 | 1,853 |
TCI Communications Inc. | 7.125% | 2/15/28 | 1,045 | 1,371 |
Telefonica Emisiones SAU | 7.045% | 6/20/36 | 6,870 | 9,189 |
Telefonica Emisiones SAU | 5.213% | 3/8/47 | 8,440 | 9,555 |
Telefonica Europe BV | 8.250% | 9/15/30 | 3,881 | 5,456 |
Thomson Reuters Corp. | 5.500% | 8/15/35 | 1,940 | 2,214 |
Thomson Reuters Corp. | 5.850% | 4/15/40 | 940 | 1,139 |
Thomson Reuters Corp. | 4.500% | 5/23/43 | 400 | 411 |
Thomson Reuters Corp. | 5.650% | 11/23/43 | 2,375 | 2,858 |
Time Warner Cable LLC | 6.550% | 5/1/37 | 3,785 | 4,422 |
Time Warner Cable LLC | 7.300% | 7/1/38 | 4,805 | 5,995 |
Time Warner Cable LLC | 6.750% | 6/15/39 | 6,378 | 7,616 |
Time Warner Cable LLC | 5.875% | 11/15/40 | 4,100 | 4,473 |
Time Warner Cable LLC | 5.500% | 9/1/41 | 4,590 | 4,791 |
Time Warner Cable LLC | 4.500% | 9/15/42 | 4,250 | 4,008 |
Time Warner Entertainment Co. LP | 8.375% | 7/15/33 | 2,975 | 4,097 |
Time Warner Inc. | 3.800% | 2/15/27 | 2,000 | 1,996 |
Time Warner Inc. | 5.375% | 10/15/41 | 2,300 | 2,541 |
Time Warner Inc. | 4.900% | 6/15/42 | 3,615 | 3,799 |
Time Warner Inc. | 5.350% | 12/15/43 | 2,495 | 2,763 |
Time Warner Inc. | 4.650% | 6/1/44 | 5,650 | 5,673 |
Verizon Communications Inc. | 4.500% | 8/10/33 | 12,750 | 13,313 |
Verizon Communications Inc. | 4.400% | 11/1/34 | 12,010 | 12,233 |
Verizon Communications Inc. | 4.272% | 1/15/36 | 10,650 | 10,594 |
Verizon Communications Inc. | 5.250% | 3/16/37 | 13,075 | 14,373 |
Verizon Communications Inc. | 4.812% | 3/15/39 | 6,875 | 7,191 |
Verizon Communications Inc. | 4.750% | 11/1/41 | 3,317 | 3,387 |
Verizon Communications Inc. | 3.850% | 11/1/42 | 4,890 | 4,428 |
Verizon Communications Inc. | 4.125% | 8/15/46 | 5,238 | 4,841 |
Verizon Communications Inc. | 4.862% | 8/21/46 | 16,445 | 17,143 |
Verizon Communications Inc. | 5.500% | 3/16/47 | 6,075 | 6,923 |
Verizon Communications Inc. | 4.522% | 9/15/48 | 17,407 | 17,145 |
Verizon Communications Inc. | 5.012% | 4/15/49 | 14,190 | 14,878 |
Verizon Communications Inc. | 5.012% | 8/21/54 | 19,093 | 19,541 |
Verizon Communications Inc. | 4.672% | 3/15/55 | 18,525 | 17,868 |
Viacom Inc. | 6.875% | 4/30/36 | 3,310 | 3,788 |
Viacom Inc. | 4.375% | 3/15/43 | 6,712 | 5,784 |
Viacom Inc. | 5.850% | 9/1/43 | 4,190 | 4,335 |
Vodafone Group plc | 7.875% | 2/15/30 | 2,425 | 3,271 |
Vodafone Group plc | 6.250% | 11/30/32 | 1,705 | 2,084 |
Vodafone Group plc | 6.150% | 2/27/37 | 4,475 | 5,592 |
Vodafone Group plc | 4.375% | 2/19/43 | 5,785 | 5,928 |
84
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Walt Disney Co. | 7.000% | 3/1/32 | 1,615 | 2,252 |
Walt Disney Co. | 4.375% | 8/16/41 | 1,275 | 1,401 |
Walt Disney Co. | 4.125% | 12/1/41 | 2,305 | 2,481 |
Walt Disney Co. | 3.700% | 12/1/42 | 1,927 | 1,935 |
Walt Disney Co. | 4.125% | 6/1/44 | 3,358 | 3,613 |
Walt Disney Co. | 3.000% | 7/30/46 | 965 | 863 |
WPP Finance 2010 | 5.125% | 9/7/42 | 875 | 927 |
WPP Finance 2010 | 5.625% | 11/15/43 | 1,865 | 2,167 |
Consumer Cyclical (3.4%) | ||||
Alibaba Group Holding Ltd. | 4.500% | 11/28/34 | 2,300 | 2,525 |
Alibaba Group Holding Ltd. | 4.000% | 12/6/37 | 2,800 | 2,892 |
Alibaba Group Holding Ltd. | 4.200% | 12/6/47 | 6,200 | 6,455 |
Alibaba Group Holding Ltd. | 4.400% | 12/6/57 | 3,400 | 3,556 |
Amazon.com Inc. | 4.800% | 12/5/34 | 5,775 | 6,740 |
4 Amazon.com Inc. | 3.875% | 8/22/37 | 8,600 | 9,126 |
Amazon.com Inc. | 4.950% | 12/5/44 | 4,350 | 5,269 |
4 Amazon.com Inc. | 4.050% | 8/22/47 | 12,100 | 13,032 |
4 Amazon.com Inc. | 4.250% | 8/22/57 | 7,900 | 8,601 |
Aptiv plc | 4.400% | 10/1/46 | 1,025 | 1,038 |
Bed Bath & Beyond Inc. | 4.915% | 8/1/34 | 1,070 | 966 |
Bed Bath & Beyond Inc. | 5.165% | 8/1/44 | 3,000 | 2,650 |
BorgWarner Inc. | 4.375% | 3/15/45 | 1,600 | 1,644 |
Cummins Inc. | 7.125% | 3/1/28 | 950 | 1,246 |
Cummins Inc. | 4.875% | 10/1/43 | 1,125 | 1,330 |
CVS Health Corp. | 5.300% | 12/5/43 | 3,680 | 4,275 |
CVS Health Corp. | 5.125% | 7/20/45 | 12,275 | 14,093 |
Daimler Finance North America LLC | 8.500% | 1/18/31 | 5,160 | 7,756 |
Darden Restaurants Inc. | 6.800% | 10/15/37 | 775 | 1,035 |
eBay Inc. | 4.000% | 7/15/42 | 2,395 | 2,200 |
4 Expedia Inc. | 3.800% | 2/15/28 | 2,900 | 2,802 |
Ford Holdings LLC | 9.300% | 3/1/30 | 775 | 1,095 |
Ford Motor Co. | 6.625% | 10/1/28 | 1,875 | 2,282 |
Ford Motor Co. | 6.375% | 2/1/29 | 635 | 742 |
Ford Motor Co. | 7.450% | 7/16/31 | 5,450 | 7,070 |
Ford Motor Co. | 4.750% | 1/15/43 | 6,980 | 7,056 |
Ford Motor Co. | 7.400% | 11/1/46 | 1,075 | 1,459 |
Ford Motor Co. | 5.291% | 12/8/46 | 4,555 | 4,936 |
General Motors Co. | 5.000% | 4/1/35 | 4,340 | 4,606 |
General Motors Co. | 6.600% | 4/1/36 | 2,994 | 3,646 |
General Motors Co. | 5.150% | 4/1/38 | 650 | 693 |
General Motors Co. | 6.250% | 10/2/43 | 5,453 | 6,429 |
General Motors Co. | 5.200% | 4/1/45 | 4,270 | 4,477 |
General Motors Co. | 6.750% | 4/1/46 | 3,423 | 4,302 |
General Motors Co. | 5.400% | 4/1/48 | 3,050 | 3,327 |
Harley-Davidson Inc. | 4.625% | 7/28/45 | 1,175 | 1,273 |
Home Depot Inc. | 5.875% | 12/16/36 | 9,600 | 13,024 |
Home Depot Inc. | 5.400% | 9/15/40 | 2,025 | 2,592 |
Home Depot Inc. | 5.950% | 4/1/41 | 2,775 | 3,715 |
Home Depot Inc. | 4.200% | 4/1/43 | 3,425 | 3,756 |
Home Depot Inc. | 4.875% | 2/15/44 | 3,850 | 4,601 |
Home Depot Inc. | 4.400% | 3/15/45 | 4,524 | 5,120 |
Home Depot Inc. | 4.250% | 4/1/46 | 4,775 | 5,328 |
Home Depot Inc. | 3.900% | 6/15/47 | 3,800 | 3,996 |
Home Depot Inc. | 3.500% | 9/15/56 | 2,368 | 2,269 |
Kohl's Corp. | 5.550% | 7/17/45 | 1,100 | 1,075 |
Lowe's Cos. Inc. | 6.500% | 3/15/29 | 446 | 572 |
Lowe's Cos. Inc. | 4.650% | 4/15/42 | 3,760 | 4,294 |
Lowe's Cos. Inc. | 4.250% | 9/15/44 | 152 | 166 |
Lowe's Cos. Inc. | 4.375% | 9/15/45 | 3,250 | 3,566 |
Lowe's Cos. Inc. | 3.700% | 4/15/46 | 5,070 | 5,085 |
Lowe's Cos. Inc. | 4.050% | 5/3/47 | 6,400 | 6,819 |
Macy's Retail Holdings Inc. | 6.900% | 4/1/29 | 2,175 | 2,298 |
Macy's Retail Holdings Inc. | 4.500% | 12/15/34 | 1,958 | 1,672 |
85
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Macy's Retail Holdings Inc. | 6.375% | 3/15/37 | 1,935 | 1,972 |
Mastercard Inc. | 3.800% | 11/21/46 | 1,800 | 1,910 |
McDonald's Corp. | 4.700% | 12/9/35 | 3,060 | 3,474 |
McDonald's Corp. | 6.300% | 10/15/37 | 2,475 | 3,283 |
McDonald's Corp. | 6.300% | 3/1/38 | 2,115 | 2,811 |
McDonald's Corp. | 5.700% | 2/1/39 | 2,000 | 2,490 |
McDonald's Corp. | 3.700% | 2/15/42 | 2,275 | 2,220 |
McDonald's Corp. | 3.625% | 5/1/43 | 2,475 | 2,342 |
McDonald's Corp. | 4.600% | 5/26/45 | 2,280 | 2,517 |
McDonald's Corp. | 4.875% | 12/9/45 | 5,006 | 5,800 |
McDonald's Corp. | 4.450% | 3/1/47 | 2,440 | 2,653 |
NIKE Inc. | 3.625% | 5/1/43 | 1,450 | 1,453 |
NIKE Inc. | 3.875% | 11/1/45 | 659 | 688 |
NIKE Inc. | 3.375% | 11/1/46 | 4,850 | 4,661 |
Nordstrom Inc. | 6.950% | 3/15/28 | 925 | 1,044 |
Nordstrom Inc. | 5.000% | 1/15/44 | 3,274 | 3,135 |
Priceline Group Inc. | 3.550% | 3/15/28 | 1,850 | 1,830 |
QVC Inc. | 5.450% | 8/15/34 | 1,350 | 1,355 |
Royal Caribbean Cruises Ltd. | 3.700% | 3/15/28 | 1,675 | 1,656 |
Starbucks Corp. | 4.300% | 6/15/45 | 975 | 1,075 |
Starbucks Corp. | 3.750% | 12/1/47 | 2,400 | 2,433 |
Target Corp. | 6.350% | 11/1/32 | 1,864 | 2,398 |
Target Corp. | 6.500% | 10/15/37 | 2,512 | 3,431 |
Target Corp. | 7.000% | 1/15/38 | 1,794 | 2,606 |
Target Corp. | 4.000% | 7/1/42 | 3,990 | 4,095 |
Target Corp. | 3.625% | 4/15/46 | 2,900 | 2,816 |
Target Corp. | 3.900% | 11/15/47 | 4,000 | 4,054 |
VF Corp. | 6.450% | 11/1/37 | 1,140 | 1,491 |
Visa Inc. | 4.150% | 12/14/35 | 6,400 | 7,102 |
Visa Inc. | 4.300% | 12/14/45 | 11,975 | 13,620 |
Visa Inc. | 3.650% | 9/15/47 | 1,300 | 1,328 |
Wal-Mart Stores Inc. | 7.550% | 2/15/30 | 4,225 | 6,093 |
Wal-Mart Stores Inc. | 5.250% | 9/1/35 | 9,236 | 11,655 |
Wal-Mart Stores Inc. | 6.200% | 4/15/38 | 7,320 | 10,327 |
Wal-Mart Stores Inc. | 5.625% | 4/1/40 | 3,700 | 4,989 |
Wal-Mart Stores Inc. | 4.875% | 7/8/40 | 1,700 | 2,100 |
Wal-Mart Stores Inc. | 5.000% | 10/25/40 | 2,170 | 2,720 |
Wal-Mart Stores Inc. | 5.625% | 4/15/41 | 4,635 | 6,308 |
Wal-Mart Stores Inc. | 4.000% | 4/11/43 | 2,443 | 2,684 |
Wal-Mart Stores Inc. | 4.750% | 10/2/43 | 1,475 | 1,816 |
Wal-Mart Stores Inc. | 4.300% | 4/22/44 | 1,725 | 2,012 |
Wal-Mart Stores Inc. | 3.625% | 12/15/47 | 3,410 | 3,577 |
Walgreen Co. | 4.400% | 9/15/42 | 1,775 | 1,795 |
Walgreens Boots Alliance Inc. | 4.500% | 11/18/34 | 2,050 | 2,140 |
Walgreens Boots Alliance Inc. | 4.800% | 11/18/44 | 6,075 | 6,512 |
Walgreens Boots Alliance Inc. | 4.650% | 6/1/46 | 2,050 | 2,159 |
Western Union Co. | 6.200% | 11/17/36 | 1,950 | 2,101 |
Western Union Co. | 6.200% | 6/21/40 | 135 | 144 |
Consumer Noncyclical (8.6%) | ||||
Abbott Laboratories | 4.750% | 11/30/36 | 8,054 | 9,051 |
Abbott Laboratories | 6.150% | 11/30/37 | 1,875 | 2,364 |
Abbott Laboratories | 6.000% | 4/1/39 | 1,245 | 1,561 |
Abbott Laboratories | 5.300% | 5/27/40 | 250 | 290 |
Abbott Laboratories | 4.750% | 4/15/43 | 2,400 | 2,667 |
Abbott Laboratories | 4.900% | 11/30/46 | 13,250 | 15,124 |
AbbVie Inc. | 4.500% | 5/14/35 | 8,443 | 9,275 |
AbbVie Inc. | 4.300% | 5/14/36 | 5,245 | 5,615 |
AbbVie Inc. | 4.400% | 11/6/42 | 8,923 | 9,564 |
AbbVie Inc. | 4.700% | 5/14/45 | 9,990 | 11,140 |
AbbVie Inc. | 4.450% | 5/14/46 | 6,800 | 7,348 |
Actavis Inc. | 4.625% | 10/1/42 | 500 | 515 |
Ahold Finance USA LLC | 6.875% | 5/1/29 | 1,575 | 1,943 |
AHS Hospital Corp. | 5.024% | 7/1/45 | 1,450 | 1,747 |
86
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Allergan Funding SCS | 4.550% | 3/15/35 | 10,985 | 11,573 |
Allergan Funding SCS | 4.850% | 6/15/44 | 5,000 | 5,359 |
Allergan Funding SCS | 4.750% | 3/15/45 | 5,590 | 5,941 |
Altria Group Inc. | 4.250% | 8/9/42 | 3,251 | 3,391 |
Altria Group Inc. | 4.500% | 5/2/43 | 2,872 | 3,102 |
Altria Group Inc. | 5.375% | 1/31/44 | 6,115 | 7,441 |
Altria Group Inc. | 3.875% | 9/16/46 | 4,755 | 4,707 |
AmerisourceBergen Corp. | 4.250% | 3/1/45 | 1,495 | 1,487 |
AmerisourceBergen Corp. | 4.300% | 12/15/47 | 3,000 | 3,033 |
Amgen Inc. | 4.950% | 10/1/41 | 2,660 | 3,075 |
Amgen Inc. | 5.150% | 11/15/41 | 5,500 | 6,577 |
Amgen Inc. | 4.400% | 5/1/45 | 11,690 | 12,700 |
Amgen Inc. | 4.563% | 6/15/48 | 6,726 | 7,460 |
Amgen Inc. | 4.663% | 6/15/51 | 11,563 | 12,938 |
Anheuser-Busch InBev Finance Inc. | 4.700% | 2/1/36 | 18,736 | 21,021 |
Anheuser-Busch InBev Finance Inc. | 4.000% | 1/17/43 | 2,690 | 2,722 |
Anheuser-Busch InBev Finance Inc. | 4.625% | 2/1/44 | 4,425 | 4,890 |
Anheuser-Busch InBev Finance Inc. | 4.900% | 2/1/46 | 38,279 | 44,316 |
Anheuser-Busch InBev Worldwide Inc. | 8.200% | 1/15/39 | 5,218 | 8,281 |
Anheuser-Busch InBev Worldwide Inc. | 8.000% | 11/15/39 | 2,034 | 3,211 |
Anheuser-Busch InBev Worldwide Inc. | 4.950% | 1/15/42 | 5,648 | 6,545 |
Anheuser-Busch InBev Worldwide Inc. | 3.750% | 7/15/42 | 4,970 | 4,842 |
Anheuser-Busch InBev Worldwide Inc. | 4.439% | 10/6/48 | 6,316 | 6,894 |
Archer-Daniels-Midland Co. | 5.935% | 10/1/32 | 1,540 | 1,908 |
Archer-Daniels-Midland Co. | 5.375% | 9/15/35 | 1,615 | 1,961 |
Archer-Daniels-Midland Co. | 4.535% | 3/26/42 | 2,610 | 2,906 |
Archer-Daniels-Midland Co. | 4.016% | 4/16/43 | 2,735 | 2,870 |
Archer-Daniels-Midland Co. | 3.750% | 9/15/47 | 2,575 | 2,606 |
Ascension Health | 3.945% | 11/15/46 | 3,975 | 4,173 |
3 Ascension Health | 4.847% | 11/15/53 | 1,379 | 1,619 |
AstraZeneca plc | 6.450% | 9/15/37 | 7,711 | 10,417 |
AstraZeneca plc | 4.000% | 9/18/42 | 3,750 | 3,813 |
AstraZeneca plc | 4.375% | 11/16/45 | 2,590 | 2,815 |
4 BAT Capital Corp. | 4.390% | 8/15/37 | 10,100 | 10,580 |
4 BAT Capital Corp. | 4.540% | 8/15/47 | 8,850 | 9,316 |
Baxalta Inc. | 5.250% | 6/23/45 | 3,400 | 3,946 |
Baxter International Inc. | 3.500% | 8/15/46 | 1,375 | 1,266 |
Baylor Scott & White Holdings | 3.967% | 11/15/46 | 1,285 | 1,335 |
Baylor Scott & White Holdings Texas Revenue | 4.185% | 11/15/45 | 1,545 | 1,646 |
Becton Dickinson & Co. | 5.000% | 11/12/40 | 1,000 | 1,110 |
Becton Dickinson & Co. | 4.875% | 5/15/44 | 2,475 | 2,644 |
Becton Dickinson & Co. | 4.685% | 12/15/44 | 4,088 | 4,452 |
Becton Dickinson & Co. | 4.669% | 6/6/47 | 2,525 | 2,718 |
Biogen Inc. | 5.200% | 9/15/45 | 6,080 | 7,210 |
Boston Children's Hospital Corp. Revenue | 4.115% | 1/1/47 | 1,000 | 1,060 |
Boston Scientific Corp. | 7.000% | 11/15/35 | 1,600 | 2,063 |
Boston Scientific Corp. | 7.375% | 1/15/40 | 505 | 697 |
Bristol-Myers Squibb Co. | 3.250% | 8/1/42 | 2,340 | 2,246 |
Bristol-Myers Squibb Co. | 4.500% | 3/1/44 | 1,725 | 1,979 |
Brown-Forman Corp. | 4.500% | 7/15/45 | 1,650 | 1,854 |
Campbell Soup Co. | 3.800% | 8/2/42 | 1,250 | 1,199 |
Cardinal Health Inc. | 4.600% | 3/15/43 | 2,375 | 2,434 |
Cardinal Health Inc. | 4.900% | 9/15/45 | 1,550 | 1,659 |
Cardinal Health Inc. | 4.368% | 6/15/47 | 2,000 | 1,978 |
3 Catholic Health Initiatives Colorado GO | 4.350% | 11/1/42 | 2,525 | 2,436 |
Celgene Corp. | 5.250% | 8/15/43 | 5,025 | 5,801 |
Celgene Corp. | 4.625% | 5/15/44 | 5,261 | 5,603 |
Celgene Corp. | 5.000% | 8/15/45 | 1,820 | 2,059 |
Celgene Corp. | 4.350% | 11/15/47 | 4,000 | 4,154 |
Children's Hospital Medical Center Ohio GO | 4.268% | 5/15/44 | 1,250 | 1,361 |
Church & Dwight Co. Inc. | 3.950% | 8/1/47 | 1,375 | 1,376 |
City of Hope | 5.623% | 11/15/43 | 1,125 | 1,419 |
Cleveland Clinic Foundation Ohio Revenue | 4.858% | 1/1/14 | 1,365 | 1,527 |
Coca-Cola Femsa SAB de CV | 5.250% | 11/26/43 | 2,175 | 2,566 |
87
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Colgate-Palmolive Co. | 4.000% | 8/15/45 | 2,025 | 2,172 |
Colgate-Palmolive Co. | 3.700% | 8/1/47 | 1,750 | 1,787 |
Conagra Brands Inc. | 7.000% | 10/1/28 | 1,355 | 1,689 |
Conagra Brands Inc. | 8.250% | 9/15/30 | 1,200 | 1,661 |
Constellation Brands Inc. | 4.500% | 5/9/47 | 1,800 | 1,960 |
Danaher Corp. | 4.375% | 9/15/45 | 1,675 | 1,858 |
Diageo Capital plc | 5.875% | 9/30/36 | 1,825 | 2,407 |
Diageo Capital plc | 3.875% | 4/29/43 | 1,000 | 1,046 |
Diageo Investment Corp. | 7.450% | 4/15/35 | 1,250 | 1,821 |
Diageo Investment Corp. | 4.250% | 5/11/42 | 1,802 | 1,962 |
Dignity Health California GO | 4.500% | 11/1/42 | 1,050 | 1,035 |
Dignity Health California GO | 5.267% | 11/1/64 | 1,100 | 1,171 |
4 Dr Pepper Snapple Group Inc. | 4.500% | 11/15/45 | 1,475 | 1,582 |
Dr Pepper Snapple Group Inc. | 4.420% | 12/15/46 | 1,400 | 1,477 |
Duke University Health System Inc. | 3.920% | 6/1/47 | 2,010 | 2,094 |
Eli Lilly & Co. | 5.550% | 3/15/37 | 1,442 | 1,845 |
Eli Lilly & Co. | 3.700% | 3/1/45 | 3,429 | 3,552 |
Eli Lilly & Co. | 3.950% | 5/15/47 | 2,300 | 2,465 |
Estee Lauder Cos. Inc. | 6.000% | 5/15/37 | 1,075 | 1,391 |
Estee Lauder Cos. Inc. | 4.375% | 6/15/45 | 1,725 | 1,930 |
Estee Lauder Cos. Inc. | 4.150% | 3/15/47 | 1,700 | 1,851 |
Express Scripts Holding Co. | 6.125% | 11/15/41 | 1,020 | 1,250 |
Express Scripts Holding Co. | 4.800% | 7/15/46 | 7,445 | 7,909 |
Fomento Economico Mexicano SAB de CV | 4.375% | 5/10/43 | 2,325 | 2,435 |
Genentech Inc. | 5.250% | 7/15/35 | 300 | 362 |
General Mills Inc. | 5.400% | 6/15/40 | 2,075 | 2,474 |
General Mills Inc. | 4.150% | 2/15/43 | 1,025 | 1,039 |
Gilead Sciences Inc. | 4.600% | 9/1/35 | 3,279 | 3,680 |
Gilead Sciences Inc. | 4.000% | 9/1/36 | 2,400 | 2,535 |
Gilead Sciences Inc. | 5.650% | 12/1/41 | 3,411 | 4,331 |
Gilead Sciences Inc. | 4.800% | 4/1/44 | 6,867 | 7,959 |
Gilead Sciences Inc. | 4.500% | 2/1/45 | 6,650 | 7,368 |
Gilead Sciences Inc. | 4.750% | 3/1/46 | 6,914 | 7,947 |
Gilead Sciences Inc. | 4.150% | 3/1/47 | 6,300 | 6,682 |
GlaxoSmithKline Capital Inc. | 5.375% | 4/15/34 | 1,450 | 1,758 |
GlaxoSmithKline Capital Inc. | 6.375% | 5/15/38 | 9,419 | 13,281 |
GlaxoSmithKline Capital Inc. | 4.200% | 3/18/43 | 2,075 | 2,297 |
Hackensack Meridian Health | 4.500% | 7/1/57 | 1,000 | 1,117 |
Hasbro Inc. | 6.350% | 3/15/40 | 1,654 | 1,983 |
Hasbro Inc. | 5.100% | 5/15/44 | 1,025 | 1,073 |
JM Smucker Co. | 4.250% | 3/15/35 | 1,475 | 1,552 |
JM Smucker Co. | 4.375% | 3/15/45 | 2,900 | 3,077 |
Johns Hopkins Health System Corp. | 3.837% | 5/15/46 | 1,675 | 1,717 |
Johnson & Johnson | 2.900% | 1/15/28 | 5,150 | 5,161 |
Johnson & Johnson | 6.950% | 9/1/29 | 2,000 | 2,719 |
Johnson & Johnson | 4.950% | 5/15/33 | 2,000 | 2,451 |
Johnson & Johnson | 4.375% | 12/5/33 | 2,815 | 3,209 |
Johnson & Johnson | 3.550% | 3/1/36 | 4,731 | 4,929 |
Johnson & Johnson | 3.625% | 3/3/37 | 5,715 | 6,016 |
Johnson & Johnson | 5.950% | 8/15/37 | 2,855 | 3,904 |
Johnson & Johnson | 3.400% | 1/15/38 | 3,500 | 3,575 |
Johnson & Johnson | 5.850% | 7/15/38 | 1,865 | 2,532 |
Johnson & Johnson | 4.500% | 9/1/40 | 754 | 871 |
Johnson & Johnson | 4.850% | 5/15/41 | 1,000 | 1,192 |
Johnson & Johnson | 4.500% | 12/5/43 | 454 | 532 |
Johnson & Johnson | 3.700% | 3/1/46 | 5,559 | 5,814 |
Johnson & Johnson | 3.750% | 3/3/47 | 5,148 | 5,486 |
Johnson & Johnson | 3.500% | 1/15/48 | 3,750 | 3,831 |
Kaiser Foundation Hospitals | 4.875% | 4/1/42 | 2,141 | 2,532 |
Kaiser Foundation Hospitals | 4.150% | 5/1/47 | 5,100 | 5,524 |
Kellogg Co. | 7.450% | 4/1/31 | 125 | 167 |
Kellogg Co. | 4.500% | 4/1/46 | 3,884 | 4,120 |
Kimberly-Clark Corp. | 6.625% | 8/1/37 | 2,675 | 3,798 |
Kimberly-Clark Corp. | 5.300% | 3/1/41 | 1,220 | 1,539 |
88
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Kimberly-Clark Corp. | 3.700% | 6/1/43 | 980 | 976 |
Kimberly-Clark Corp. | 3.200% | 7/30/46 | 1,700 | 1,587 |
Koninklijke Ahold Delhaize NV | 5.700% | 10/1/40 | 2,864 | 3,371 |
Koninklijke Philips NV | 6.875% | 3/11/38 | 2,500 | 3,453 |
Koninklijke Philips NV | 5.000% | 3/15/42 | 1,740 | 2,028 |
Kraft Foods Group Inc. | 6.875% | 1/26/39 | 3,509 | 4,599 |
Kraft Foods Group Inc. | 6.500% | 2/9/40 | 3,955 | 5,014 |
Kraft Foods Group Inc. | 5.000% | 6/4/42 | 3,740 | 4,013 |
Kraft Heinz Foods Co. | 5.000% | 7/15/35 | 3,860 | 4,213 |
Kraft Heinz Foods Co. | 5.200% | 7/15/45 | 7,915 | 8,726 |
Kraft Heinz Foods Co. | 4.375% | 6/1/46 | 10,545 | 10,445 |
Kroger Co. | 4.450% | 2/1/47 | 3,425 | 3,423 |
Kroger Co. | 4.650% | 1/15/48 | 1,925 | 1,974 |
Laboratory Corp. of America Holdings | 4.700% | 2/1/45 | 3,025 | 3,287 |
3 Mayo Clinic | 3.774% | 11/15/43 | 900 | 911 |
3 Mayo Clinic | 4.000% | 11/15/47 | 1,200 | 1,237 |
3 Mayo Clinic | 4.128% | 11/15/52 | 1,050 | 1,109 |
McCormick & Co. Inc. | 4.200% | 8/15/47 | 1,200 | 1,262 |
McKesson Corp. | 6.000% | 3/1/41 | 2,740 | 3,348 |
McKesson Corp. | 4.883% | 3/15/44 | 1,875 | 2,017 |
Mead Johnson Nutrition Co. | 5.900% | 11/1/39 | 1,335 | 1,690 |
Mead Johnson Nutrition Co. | 4.600% | 6/1/44 | 1,500 | 1,668 |
Medtronic Inc. | 4.375% | 3/15/35 | 8,368 | 9,419 |
Medtronic Inc. | 6.500% | 3/15/39 | 1,350 | 1,855 |
Medtronic Inc. | 5.550% | 3/15/40 | 1,535 | 1,945 |
Medtronic Inc. | 4.500% | 3/15/42 | 1,800 | 2,012 |
Medtronic Inc. | 4.625% | 3/15/44 | 3,411 | 3,910 |
Medtronic Inc. | 4.625% | 3/15/45 | 14,923 | 17,322 |
Memorial Sloan-Kettering Cancer Center New York GO | 5.000% | 7/1/42 | 850 | 1,023 |
Memorial Sloan-Kettering Cancer Center New York GO | 4.125% | 7/1/52 | 1,555 | 1,644 |
Memorial Sloan-Kettering Cancer Center New York GO | 4.200% | 7/1/55 | 1,975 | 2,131 |
Merck & Co. Inc. | 3.600% | 9/15/42 | 1,929 | 1,966 |
Merck & Co. Inc. | 4.150% | 5/18/43 | 5,384 | 5,966 |
Merck & Co. Inc. | 3.700% | 2/10/45 | 9,410 | 9,765 |
Molson Coors Brewing Co. | 5.000% | 5/1/42 | 4,250 | 4,840 |
Molson Coors Brewing Co. | 4.200% | 7/15/46 | 5,750 | 5,862 |
Mondelez International Inc. | 6.500% | 2/9/40 | 1,689 | 2,194 |
3 Mount Sinai Hospitals Group Inc. | 3.981% | 7/1/48 | 1,050 | 1,059 |
Mylan Inc. | 5.400% | 11/29/43 | 1,240 | 1,341 |
Mylan NV | 5.250% | 6/15/46 | 3,650 | 3,943 |
New York & Presbyterian Hospital | 4.024% | 8/1/45 | 2,300 | 2,435 |
New York & Presbyterian Hospital | 4.063% | 8/1/56 | 1,425 | 1,482 |
Newell Brands Inc. | 5.375% | 4/1/36 | 5,177 | 6,045 |
Newell Brands Inc. | 5.500% | 4/1/46 | 5,650 | 6,769 |
Northwell Healthcare Inc. | 3.979% | 11/1/46 | 1,875 | 1,829 |
Northwell Healthcare Inc. | 4.260% | 11/1/47 | 2,900 | 2,972 |
Novartis Capital Corp. | 3.700% | 9/21/42 | 1,275 | 1,308 |
Novartis Capital Corp. | 4.400% | 5/6/44 | 6,878 | 7,894 |
Novartis Capital Corp. | 4.000% | 11/20/45 | 4,180 | 4,540 |
NYU Hospitals Center | 4.784% | 7/1/44 | 1,150 | 1,322 |
3 NYU Hospitals Center | 4.368% | 7/1/47 | 2,000 | 2,149 |
Partners Healthcare System Inc. | 4.117% | 7/1/55 | 1,000 | 1,042 |
PepsiCo Inc. | 5.500% | 1/15/40 | 3,325 | 4,254 |
PepsiCo Inc. | 4.875% | 11/1/40 | 3,890 | 4,675 |
PepsiCo Inc. | 4.000% | 3/5/42 | 2,670 | 2,804 |
PepsiCo Inc. | 3.600% | 8/13/42 | 1,625 | 1,598 |
PepsiCo Inc. | 4.250% | 10/22/44 | 2,333 | 2,561 |
PepsiCo Inc. | 4.600% | 7/17/45 | 2,599 | 3,009 |
PepsiCo Inc. | 4.450% | 4/14/46 | 1,925 | 2,179 |
PepsiCo Inc. | 3.450% | 10/6/46 | 4,800 | 4,660 |
PepsiCo Inc. | 4.000% | 5/2/47 | 3,750 | 3,934 |
Perrigo Finance Unlimited Co. | 4.900% | 12/15/44 | 2,281 | 2,293 |
Pfizer Inc. | 4.000% | 12/15/36 | 5,225 | 5,742 |
Pfizer Inc. | 7.200% | 3/15/39 | 6,995 | 10,729 |
89
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Pfizer Inc. | 4.300% | 6/15/43 | 2,500 | 2,779 |
Pfizer Inc. | 4.400% | 5/15/44 | 4,815 | 5,526 |
Pfizer Inc. | 4.125% | 12/15/46 | 5,900 | 6,552 |
Pharmacia LLC | 6.600% | 12/1/28 | 3,300 | 4,328 |
Philip Morris International Inc. | 3.125% | 3/2/28 | 1,725 | 1,712 |
Philip Morris International Inc. | 6.375% | 5/16/38 | 2,390 | 3,223 |
Philip Morris International Inc. | 4.375% | 11/15/41 | 2,750 | 2,959 |
Philip Morris International Inc. | 4.500% | 3/20/42 | 4,678 | 5,082 |
Philip Morris International Inc. | 3.875% | 8/21/42 | 3,075 | 3,056 |
Philip Morris International Inc. | 4.125% | 3/4/43 | 3,870 | 3,981 |
Philip Morris International Inc. | 4.875% | 11/15/43 | 1,365 | 1,558 |
Philip Morris International Inc. | 4.250% | 11/10/44 | 4,570 | 4,816 |
Procter & Gamble Co. | 5.500% | 2/1/34 | 1,695 | 2,169 |
Procter & Gamble Co. | 5.550% | 3/5/37 | 1,726 | 2,291 |
Procter & Gamble Co. | 3.500% | 10/25/47 | 5,000 | 5,033 |
3 Providence St. Joseph Health Obligated Group | 3.744% | 10/1/47 | 1,350 | 1,341 |
Quest Diagnostics Inc. | 4.700% | 3/30/45 | 1,100 | 1,157 |
Reynolds American Inc. | 5.700% | 8/15/35 | 2,748 | 3,275 |
Reynolds American Inc. | 7.250% | 6/15/37 | 1,550 | 2,140 |
Reynolds American Inc. | 6.150% | 9/15/43 | 1,400 | 1,794 |
Reynolds American Inc. | 5.850% | 8/15/45 | 7,125 | 8,882 |
RWJ Barnabas Health Inc. | 3.949% | 7/1/46 | 1,350 | 1,358 |
Stryker Corp. | 4.100% | 4/1/43 | 2,050 | 2,131 |
Stryker Corp. | 4.625% | 3/15/46 | 3,375 | 3,833 |
Sysco Corp. | 5.375% | 9/21/35 | 1,700 | 2,013 |
Sysco Corp. | 4.850% | 10/1/45 | 1,250 | 1,410 |
Sysco Corp. | 4.500% | 4/1/46 | 2,200 | 2,380 |
Teva Pharmaceutical Finance Co. LLC | 6.150% | 2/1/36 | 2,306 | 2,320 |
Teva Pharmaceutical Finance Netherlands III BV | 4.100% | 10/1/46 | 4,230 | 3,252 |
3 Texas Health Resources | 4.330% | 11/15/55 | 1,000 | 1,067 |
The Kroger Co. | 7.700% | 6/1/29 | 1,550 | 2,035 |
The Kroger Co. | 8.000% | 9/15/29 | 775 | 1,028 |
The Kroger Co. | 7.500% | 4/1/31 | 1,520 | 2,001 |
The Kroger Co. | 6.900% | 4/15/38 | 500 | 643 |
The Kroger Co. | 5.400% | 7/15/40 | 995 | 1,101 |
The Kroger Co. | 5.000% | 4/15/42 | 900 | 946 |
The Kroger Co. | 5.150% | 8/1/43 | 1,300 | 1,389 |
The Kroger Co. | 3.875% | 10/15/46 | 1,625 | 1,496 |
The Pepsi Bottling Group Inc. | 7.000% | 3/1/29 | 4,050 | 5,464 |
Thermo Fisher Scientific Inc. | 5.300% | 2/1/44 | 1,500 | 1,788 |
Thermo Fisher Scientific Inc. | 4.100% | 8/15/47 | 2,500 | 2,572 |
Trinity Health Corp. | 4.125% | 12/1/45 | 1,700 | 1,797 |
Tyson Foods Inc. | 4.875% | 8/15/34 | 2,070 | 2,322 |
Tyson Foods Inc. | 5.150% | 8/15/44 | 1,723 | 2,019 |
Tyson Foods Inc. | 4.550% | 6/2/47 | 2,625 | 2,862 |
Unilever Capital Corp. | 5.900% | 11/15/32 | 3,383 | 4,380 |
Whirlpool Corp. | 4.500% | 6/1/46 | 1,975 | 2,074 |
Wyeth LLC | 6.500% | 2/1/34 | 3,085 | 4,205 |
Wyeth LLC | 6.000% | 2/15/36 | 510 | 678 |
Wyeth LLC | 5.950% | 4/1/37 | 6,850 | 9,193 |
Zimmer Biomet Holdings Inc. | 4.250% | 8/15/35 | 413 | 406 |
Zimmer Biomet Holdings Inc. | 5.750% | 11/30/39 | 750 | 875 |
Zimmer Biomet Holdings Inc. | 4.450% | 8/15/45 | 1,400 | 1,397 |
Zoetis Inc. | 4.700% | 2/1/43 | 3,925 | 4,395 |
Zoetis Inc. | 3.950% | 9/12/47 | 1,745 | 1,778 |
Energy (5.6%) | ||||
Alberta Energy Co. Ltd. | 7.375% | 11/1/31 | 2,025 | 2,604 |
Anadarko Finance Co. | 7.500% | 5/1/31 | 3,185 | 4,085 |
Anadarko Petroleum Corp. | 6.450% | 9/15/36 | 5,775 | 7,102 |
Anadarko Petroleum Corp. | 7.950% | 6/15/39 | 1,150 | 1,566 |
Anadarko Petroleum Corp. | 6.200% | 3/15/40 | 2,920 | 3,509 |
Anadarko Petroleum Corp. | 4.500% | 7/15/44 | 2,630 | 2,585 |
Anadarko Petroleum Corp. | 6.600% | 3/15/46 | 3,425 | 4,370 |
90
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Andeavor | 3.800% | 4/1/28 | 2,800 | 2,806 |
Andeavor | 4.500% | 4/1/48 | 1,200 | 1,213 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 5.200% | 12/1/47 | 2,000 | 2,080 |
Apache Corp. | 6.000% | 1/15/37 | 4,056 | 4,775 |
Apache Corp. | 5.100% | 9/1/40 | 5,750 | 6,219 |
Apache Corp. | 5.250% | 2/1/42 | 1,675 | 1,834 |
Apache Corp. | 4.750% | 4/15/43 | 4,915 | 5,089 |
Apache Corp. | 4.250% | 1/15/44 | 275 | 267 |
Apache Finance Canada Corp. | 7.750% | 12/15/29 | 1,400 | 1,822 |
Baker Hughes a GE Co. LLC | 5.125% | 9/15/40 | 4,627 | 5,434 |
4 Baker Hughes a GE Co. LLC / Baker Hughes Co-Obligor | ||||
Inc. | 4.080% | 12/15/47 | 3,150 | 3,202 |
BP Capital Markets plc | 3.723% | 11/28/28 | 2,900 | 3,024 |
Buckeye Partners LP | 5.850% | 11/15/43 | 1,850 | 1,994 |
Buckeye Partners LP | 5.600% | 10/15/44 | 1,025 | 1,068 |
Burlington Resources Finance Co. | 7.200% | 8/15/31 | 1,250 | 1,706 |
Burlington Resources Finance Co. | 7.400% | 12/1/31 | 2,675 | 3,728 |
Canadian Natural Resources Ltd. | 7.200% | 1/15/32 | 1,775 | 2,252 |
Canadian Natural Resources Ltd. | 6.450% | 6/30/33 | 875 | 1,067 |
Canadian Natural Resources Ltd. | 5.850% | 2/1/35 | 700 | 822 |
Canadian Natural Resources Ltd. | 6.500% | 2/15/37 | 2,065 | 2,571 |
Canadian Natural Resources Ltd. | 6.250% | 3/15/38 | 3,380 | 4,214 |
Canadian Natural Resources Ltd. | 6.750% | 2/1/39 | 1,450 | 1,858 |
Canadian Natural Resources Ltd. | 4.950% | 6/1/47 | 2,700 | 2,989 |
Cenovus Energy Inc. | 5.250% | 6/15/37 | 2,500 | 2,562 |
Cenovus Energy Inc. | 6.750% | 11/15/39 | 4,900 | 5,849 |
Cenovus Energy Inc. | 4.450% | 9/15/42 | 2,800 | 2,576 |
Cenovus Energy Inc. | 5.200% | 9/15/43 | 1,300 | 1,306 |
Cenovus Energy Inc. | 5.400% | 6/15/47 | 3,650 | 3,814 |
Columbia Pipeline Group Inc. | 5.800% | 6/1/45 | 1,700 | 2,107 |
Concho Resources Inc. | 4.875% | 10/1/47 | 2,975 | 3,250 |
Conoco Funding Co. | 7.250% | 10/15/31 | 1,945 | 2,661 |
ConocoPhillips | 5.900% | 10/15/32 | 1,850 | 2,288 |
ConocoPhillips | 5.900% | 5/15/38 | 2,275 | 2,989 |
ConocoPhillips | 6.500% | 2/1/39 | 8,525 | 11,930 |
ConocoPhillips Canada Funding Co. I | 5.950% | 10/15/36 | 1,320 | 1,685 |
ConocoPhillips Co. | 4.150% | 11/15/34 | 2,725 | 2,891 |
ConocoPhillips Co. | 4.300% | 11/15/44 | 2,125 | 2,317 |
ConocoPhillips Co. | 5.950% | 3/15/46 | 1,550 | 2,091 |
ConocoPhillips Holding Co. | 6.950% | 4/15/29 | 5,533 | 7,242 |
Devon Energy Corp. | 7.950% | 4/15/32 | 3,210 | 4,386 |
Devon Energy Corp. | 5.600% | 7/15/41 | 4,810 | 5,656 |
Devon Energy Corp. | 4.750% | 5/15/42 | 2,740 | 2,915 |
Devon Energy Corp. | 5.000% | 6/15/45 | 1,800 | 2,001 |
Devon Financing Co. LLC | 7.875% | 9/30/31 | 3,490 | 4,785 |
Dominion Energy Gas Holdings LLC | 4.800% | 11/1/43 | 1,300 | 1,441 |
Dominion Energy Gas Holdings LLC | 4.600% | 12/15/44 | 1,800 | 1,967 |
Enable Midstream Partners LP | 5.000% | 5/15/44 | 1,725 | 1,694 |
Enbridge Energy Partners LP | 7.500% | 4/15/38 | 1,456 | 1,887 |
Enbridge Energy Partners LP | 5.500% | 9/15/40 | 2,425 | 2,660 |
Enbridge Energy Partners LP | 7.375% | 10/15/45 | 1,050 | 1,396 |
Enbridge Inc. | 4.500% | 6/10/44 | 1,500 | 1,546 |
Enbridge Inc. | 5.500% | 12/1/46 | 2,500 | 3,006 |
Encana Corp. | 8.125% | 9/15/30 | 800 | 1,080 |
Encana Corp. | 6.500% | 8/15/34 | 3,400 | 4,206 |
Encana Corp. | 6.625% | 8/15/37 | 1,750 | 2,220 |
Encana Corp. | 6.500% | 2/1/38 | 2,000 | 2,515 |
Energy Transfer LP | 8.250% | 11/15/29 | 1,050 | 1,361 |
Energy Transfer LP | 4.900% | 3/15/35 | 1,752 | 1,725 |
Energy Transfer LP | 6.625% | 10/15/36 | 1,501 | 1,719 |
Energy Transfer LP | 7.500% | 7/1/38 | 1,505 | 1,865 |
Energy Transfer LP | 6.050% | 6/1/41 | 2,400 | 2,552 |
Energy Transfer LP | 6.500% | 2/1/42 | 3,930 | 4,438 |
Energy Transfer LP | 5.150% | 2/1/43 | 1,424 | 1,377 |
91
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Energy Transfer LP | 5.950% | 10/1/43 | 1,400 | 1,485 |
Energy Transfer LP | 5.150% | 3/15/45 | 4,075 | 3,945 |
Energy Transfer LP | 6.125% | 12/15/45 | 4,165 | 4,507 |
Energy Transfer LP | 5.300% | 4/15/47 | 2,500 | 2,477 |
EnLink Midstream Partners LP | 5.600% | 4/1/44 | 1,975 | 2,080 |
Enlink Midstream Partners LP | 5.050% | 4/1/45 | 825 | 819 |
EnLink Midstream Partners LP | 5.450% | 6/1/47 | 1,450 | 1,526 |
Enterprise Products Operating LLC | 6.875% | 3/1/33 | 1,064 | 1,386 |
Enterprise Products Operating LLC | 6.650% | 10/15/34 | 1,220 | 1,572 |
Enterprise Products Operating LLC | 7.550% | 4/15/38 | 1,575 | 2,214 |
Enterprise Products Operating LLC | 6.125% | 10/15/39 | 1,885 | 2,361 |
Enterprise Products Operating LLC | 6.450% | 9/1/40 | 1,296 | 1,689 |
Enterprise Products Operating LLC | 5.950% | 2/1/41 | 2,353 | 2,904 |
Enterprise Products Operating LLC | 5.700% | 2/15/42 | 2,425 | 2,984 |
Enterprise Products Operating LLC | 4.850% | 8/15/42 | 3,780 | 4,128 |
Enterprise Products Operating LLC | 4.450% | 2/15/43 | 4,480 | 4,622 |
Enterprise Products Operating LLC | 4.850% | 3/15/44 | 6,783 | 7,441 |
Enterprise Products Operating LLC | 5.100% | 2/15/45 | 2,120 | 2,407 |
Enterprise Products Operating LLC | 4.900% | 5/15/46 | 2,650 | 2,931 |
Enterprise Products Operating LLC | 4.950% | 10/15/54 | 1,152 | 1,255 |
EOG Resources Inc. | 3.900% | 4/1/35 | 2,007 | 2,059 |
Exxon Mobil Corp. | 3.567% | 3/6/45 | 2,913 | 2,930 |
Exxon Mobil Corp. | 4.114% | 3/1/46 | 8,575 | 9,530 |
Halliburton Co. | 4.850% | 11/15/35 | 5,723 | 6,415 |
Halliburton Co. | 6.700% | 9/15/38 | 3,525 | 4,704 |
Halliburton Co. | 7.450% | 9/15/39 | 759 | 1,085 |
Halliburton Co. | 4.500% | 11/15/41 | 2,182 | 2,299 |
Halliburton Co. | 4.750% | 8/1/43 | 2,675 | 2,921 |
Halliburton Co. | 5.000% | 11/15/45 | 7,301 | 8,369 |
Hess Corp. | 7.875% | 10/1/29 | 2,550 | 3,148 |
Hess Corp. | 7.300% | 8/15/31 | 645 | 777 |
Hess Corp. | 7.125% | 3/15/33 | 1,375 | 1,663 |
Hess Corp. | 6.000% | 1/15/40 | 2,821 | 3,090 |
Hess Corp. | 5.600% | 2/15/41 | 5,028 | 5,414 |
Hess Corp. | 5.800% | 4/1/47 | 2,050 | 2,269 |
Husky Energy Inc. | 6.800% | 9/15/37 | 1,450 | 1,882 |
Kerr-McGee Corp. | 7.875% | 9/15/31 | 1,300 | 1,719 |
Kinder Morgan Energy Partners LP | 7.400% | 3/15/31 | 475 | 582 |
Kinder Morgan Energy Partners LP | 7.750% | 3/15/32 | 500 | 635 |
Kinder Morgan Energy Partners LP | 7.300% | 8/15/33 | 2,425 | 3,017 |
Kinder Morgan Energy Partners LP | 5.800% | 3/15/35 | 2,775 | 3,079 |
Kinder Morgan Energy Partners LP | 6.500% | 2/1/37 | 650 | 759 |
Kinder Morgan Energy Partners LP | 6.950% | 1/15/38 | 3,979 | 4,963 |
Kinder Morgan Energy Partners LP | 6.500% | 9/1/39 | 2,070 | 2,437 |
Kinder Morgan Energy Partners LP | 6.550% | 9/15/40 | 875 | 1,032 |
Kinder Morgan Energy Partners LP | 7.500% | 11/15/40 | 1,500 | 1,910 |
Kinder Morgan Energy Partners LP | 6.375% | 3/1/41 | 3,665 | 4,228 |
Kinder Morgan Energy Partners LP | 5.625% | 9/1/41 | 2,054 | 2,185 |
Kinder Morgan Energy Partners LP | 5.000% | 8/15/42 | 2,375 | 2,414 |
Kinder Morgan Energy Partners LP | 4.700% | 11/1/42 | 2,100 | 2,036 |
Kinder Morgan Energy Partners LP | 5.000% | 3/1/43 | 1,000 | 1,008 |
Kinder Morgan Energy Partners LP | 5.500% | 3/1/44 | 2,840 | 3,036 |
Kinder Morgan Energy Partners LP | 5.400% | 9/1/44 | 1,960 | 2,052 |
Kinder Morgan Inc. | 7.800% | 8/1/31 | 925 | 1,192 |
Kinder Morgan Inc. | 7.750% | 1/15/32 | 4,474 | 5,755 |
Kinder Morgan Inc. | 5.300% | 12/1/34 | 1,475 | 1,566 |
Kinder Morgan Inc. | 5.550% | 6/1/45 | 7,230 | 7,872 |
Kinder Morgan Inc. | 5.050% | 2/15/46 | 340 | 353 |
Magellan Midstream Partners LP | 5.150% | 10/15/43 | 2,175 | 2,453 |
Magellan Midstream Partners LP | 4.250% | 9/15/46 | 1,725 | 1,756 |
Magellan Midstream Partners LP | 4.200% | 10/3/47 | 1,800 | 1,817 |
Marathon Oil Corp. | 6.800% | 3/15/32 | 1,700 | 2,056 |
Marathon Oil Corp. | 6.600% | 10/1/37 | 2,575 | 3,214 |
Marathon Oil Corp. | 5.200% | 6/1/45 | 2,112 | 2,321 |
92
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Marathon Petroleum Corp. | 6.500% | 3/1/41 | 3,075 | 3,849 |
Marathon Petroleum Corp. | 4.750% | 9/15/44 | 1,850 | 1,897 |
Marathon Petroleum Corp. | 5.850% | 12/15/45 | 925 | 1,065 |
Marathon Petroleum Corp. | 5.000% | 9/15/54 | 2,925 | 2,963 |
MPLX LP | 5.200% | 3/1/47 | 3,500 | 3,813 |
National Oilwell Varco Inc. | 3.950% | 12/1/42 | 3,725 | 3,286 |
Noble Energy Inc. | 3.850% | 1/15/28 | 1,800 | 1,805 |
Noble Energy Inc. | 6.000% | 3/1/41 | 2,945 | 3,489 |
Noble Energy Inc. | 5.250% | 11/15/43 | 3,615 | 3,934 |
Noble Energy Inc. | 5.050% | 11/15/44 | 2,200 | 2,351 |
Noble Energy Inc. | 4.950% | 8/15/47 | 2,150 | 2,277 |
Occidental Petroleum Corp. | 4.625% | 6/15/45 | 2,825 | 3,182 |
Occidental Petroleum Corp. | 4.400% | 4/15/46 | 2,650 | 2,925 |
Occidental Petroleum Corp. | 4.100% | 2/15/47 | 3,350 | 3,561 |
ONEOK Inc. | 6.000% | 6/15/35 | 1,285 | 1,478 |
ONEOK Inc. | 4.950% | 7/13/47 | 2,500 | 2,602 |
ONEOK Partners LP | 6.650% | 10/1/36 | 2,725 | 3,346 |
ONEOK Partners LP | 6.850% | 10/15/37 | 650 | 816 |
ONEOK Partners LP | 6.125% | 2/1/41 | 2,725 | 3,169 |
ONEOK Partners LP | 6.200% | 9/15/43 | 1,450 | 1,718 |
Petro-Canada | 5.350% | 7/15/33 | 1,450 | 1,706 |
Petro-Canada | 5.950% | 5/15/35 | 2,480 | 3,123 |
Petro-Canada | 6.800% | 5/15/38 | 4,050 | 5,554 |
Phillips 66 | 4.650% | 11/15/34 | 2,800 | 3,064 |
Phillips 66 | 5.875% | 5/1/42 | 4,832 | 6,159 |
Phillips 66 | 4.875% | 11/15/44 | 5,529 | 6,298 |
Phillips 66 Partners LP | 3.750% | 3/1/28 | 1,250 | 1,245 |
Phillips 66 Partners LP | 4.680% | 2/15/45 | 1,800 | 1,847 |
Phillips 66 Partners LP | 4.900% | 10/1/46 | 2,350 | 2,476 |
Plains All American Pipeline LP / PAA Finance Corp. | 6.650% | 1/15/37 | 1,850 | 2,110 |
Plains All American Pipeline LP / PAA Finance Corp. | 5.150% | 6/1/42 | 1,761 | 1,712 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.300% | 1/31/43 | 2,900 | 2,546 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.700% | 6/15/44 | 2,375 | 2,217 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.900% | 2/15/45 | 2 | 2 |
Sabine Pass Liquefaction LLC | 4.200% | 3/15/28 | 6,300 | 6,394 |
Shell International Finance BV | 4.125% | 5/11/35 | 6,000 | 6,563 |
Shell International Finance BV | 6.375% | 12/15/38 | 10,245 | 14,320 |
Shell International Finance BV | 5.500% | 3/25/40 | 1,975 | 2,513 |
Shell International Finance BV | 3.625% | 8/21/42 | 2,140 | 2,140 |
Shell International Finance BV | 4.550% | 8/12/43 | 3,955 | 4,520 |
Shell International Finance BV | 4.375% | 5/11/45 | 9,064 | 10,188 |
Shell International Finance BV | 4.000% | 5/10/46 | 8,100 | 8,592 |
Shell International Finance BV | 3.750% | 9/12/46 | 4,740 | 4,837 |
Spectra Energy Partners LP | 5.950% | 9/25/43 | 1,450 | 1,775 |
Spectra Energy Partners LP | 4.500% | 3/15/45 | 2,525 | 2,612 |
Suncor Energy Inc. | 7.150% | 2/1/32 | 800 | 1,055 |
Suncor Energy Inc. | 5.950% | 12/1/34 | 855 | 1,072 |
Suncor Energy Inc. | 6.500% | 6/15/38 | 2,139 | 2,858 |
Suncor Energy Inc. | 6.850% | 6/1/39 | 3,750 | 5,194 |
Suncor Energy Inc. | 4.000% | 11/15/47 | 3,200 | 3,276 |
Sunoco Logistics Partners Operations LP | 6.100% | 2/15/42 | 1,600 | 1,687 |
Sunoco Logistics Partners Operations LP | 4.950% | 1/15/43 | 1,600 | 1,501 |
Sunoco Logistics Partners Operations LP | 5.300% | 4/1/44 | 2,917 | 2,883 |
Sunoco Logistics Partners Operations LP | 5.350% | 5/15/45 | 3,200 | 3,171 |
Sunoco Logistics Partners Operations LP | 5.400% | 10/1/47 | 1,800 | 1,815 |
Tennessee Gas Pipeline Co. LLC | 7.000% | 10/15/28 | 1,470 | 1,775 |
Tennessee Gas Pipeline Co. LLC | 7.625% | 4/1/37 | 1,085 | 1,402 |
Texas Eastern Transmission LP | 7.000% | 7/15/32 | 1,375 | 1,772 |
Tosco Corp. | 8.125% | 2/15/30 | 2,100 | 2,997 |
TransCanada PipeLines Ltd. | 4.625% | 3/1/34 | 3,450 | 3,852 |
TransCanada PipeLines Ltd. | 5.600% | 3/31/34 | 800 | 976 |
TransCanada PipeLines Ltd. | 5.850% | 3/15/36 | 1,150 | 1,441 |
TransCanada PipeLines Ltd. | 6.200% | 10/15/37 | 4,825 | 6,358 |
TransCanada PipeLines Ltd. | 7.250% | 8/15/38 | 3,420 | 4,974 |
93
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
TransCanada PipeLines Ltd. | 7.625% | 1/15/39 | 1,700 | 2,560 |
TransCanada PipeLines Ltd. | 6.100% | 6/1/40 | 3,225 | 4,259 |
TransCanada PipeLines Ltd. | 5.000% | 10/16/43 | 3,025 | 3,577 |
Transcontinental Gas Pipe Line Co. LLC | 5.400% | 8/15/41 | 1,275 | 1,507 |
Transcontinental Gas Pipe Line Co. LLC | 4.450% | 8/1/42 | 1,225 | 1,290 |
Valero Energy Corp. | 7.500% | 4/15/32 | 2,166 | 2,910 |
Valero Energy Corp. | 6.625% | 6/15/37 | 5,539 | 7,327 |
Valero Energy Corp. | 4.900% | 3/15/45 | 2,200 | 2,517 |
Western Gas Partners LP | 5.450% | 4/1/44 | 2,075 | 2,206 |
Williams Partners LP | 6.300% | 4/15/40 | 4,300 | 5,302 |
Williams Partners LP | 5.800% | 11/15/43 | 1,925 | 2,258 |
Williams Partners LP | 5.400% | 3/4/44 | 1,454 | 1,639 |
Williams Partners LP | 4.900% | 1/15/45 | 1,650 | 1,752 |
Williams Partners LP | 5.100% | 9/15/45 | 4,075 | 4,437 |
Other Industrial (0.3%) | ||||
California Institute of Technology GO | 4.321% | 8/1/45 | 1,000 | 1,146 |
California Institute of Technology GO | 4.700% | 11/1/11 | 1,575 | 1,737 |
3 Johns Hopkins University Maryland GO | 4.083% | 7/1/53 | 1,175 | 1,265 |
3 Massachusetts Institute of Technology GO | 3.959% | 7/1/38 | 1,050 | 1,155 |
Massachusetts Institute of Technology GO | 5.600% | 7/1/11 | 2,375 | 3,330 |
Massachusetts Institute of Technology GO | 4.678% | 7/1/14 | 2,125 | 2,481 |
Massachusetts Institute of Technology GO | 3.885% | 7/1/16 | 1,660 | 1,661 |
3 Northwestern University | 3.662% | 12/1/57 | 900 | 929 |
3 Northwestern University Illinois GO | 4.643% | 12/1/44 | 2,050 | 2,487 |
President & Fellows of Harvard College Massachusetts | ||||
GO | 3.619% | 10/1/37 | 900 | 957 |
3 Rice University Texas GO | 3.574% | 5/15/45 | 1,900 | 1,906 |
3 Rice University Texas GO | 3.774% | 5/15/55 | 150 | 158 |
Stanford University California GO | 3.647% | 5/1/48 | 2,500 | 2,673 |
University of Notre Dame du Lac | 3.394% | 2/15/48 | 1,400 | 1,408 |
3 University of Notre Dame DU LAC Indiana GO | 3.438% | 2/15/45 | 1,400 | 1,413 |
University of Pennsylvania GO | 4.674% | 9/1/12 | 1,000 | 1,115 |
3 University of Southern California GO | 3.028% | 10/1/39 | 2,500 | 2,355 |
3 University of Southern California GO | 3.841% | 10/1/47 | 1,600 | 1,706 |
Technology (3.7%) | ||||
Analog Devices Inc. | 5.300% | 12/15/45 | 1,400 | 1,674 |
Apple Inc. | 4.500% | 2/23/36 | 3,432 | 3,928 |
Apple Inc. | 3.850% | 5/4/43 | 10,450 | 10,875 |
Apple Inc. | 4.450% | 5/6/44 | 4,755 | 5,383 |
Apple Inc. | 3.450% | 2/9/45 | 7,064 | 6,901 |
Apple Inc. | 4.375% | 5/13/45 | 7,561 | 8,513 |
Apple Inc. | 4.650% | 2/23/46 | 13,297 | 15,510 |
Apple Inc. | 3.850% | 8/4/46 | 6,875 | 7,125 |
Apple Inc. | 4.250% | 2/9/47 | 3,820 | 4,226 |
Apple Inc. | 3.750% | 9/12/47 | 3,400 | 3,477 |
Apple Inc. | 3.750% | 11/13/47 | 4,175 | 4,293 |
Applied Materials Inc. | 5.100% | 10/1/35 | 1,250 | 1,505 |
Applied Materials Inc. | 5.850% | 6/15/41 | 2,220 | 2,933 |
Applied Materials Inc. | 4.350% | 4/1/47 | 3,475 | 3,914 |
Arrow Electronics Inc. | 3.875% | 1/12/28 | 1,925 | 1,914 |
4 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.500% | 1/15/28 | 4,375 | 4,169 |
Cisco Systems Inc. | 5.900% | 2/15/39 | 6,981 | 9,539 |
Cisco Systems Inc. | 5.500% | 1/15/40 | 6,885 | 9,059 |
Corning Inc. | 5.750% | 8/15/40 | 1,375 | 1,683 |
Corning Inc. | 4.375% | 11/15/57 | 2,750 | 2,705 |
4 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 8.100% | 7/15/36 | 5,314 | 6,716 |
4 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 8.350% | 7/15/46 | 7,365 | 9,480 |
Enterprise Services LLC | 7.450% | 10/15/29 | 971 | 1,202 |
Fidelity National Information Services Inc. | 4.500% | 8/15/46 | 2,250 | 2,337 |
Hewlett Packard Enterprise Co. | 6.200% | 10/15/35 | 340 | 369 |
Hewlett Packard Enterprise Co. | 6.350% | 10/15/45 | 7,181 | 7,605 |
HP Inc. | 6.000% | 9/15/41 | 3,066 | 3,308 |
Intel Corp. | 4.000% | 12/15/32 | 1,050 | 1,156 |
94
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Intel Corp. | 4.800% | 10/1/41 | 2,522 | 3,028 |
Intel Corp. | 4.100% | 5/19/46 | 3,950 | 4,315 |
Intel Corp. | 4.100% | 5/11/47 | 3,550 | 3,912 |
4 Intel Corp. | 3.734% | 12/8/47 | 13,348 | 13,909 |
International Business Machines Corp. | 6.500% | 1/15/28 | 1,520 | 1,945 |
International Business Machines Corp. | 5.875% | 11/29/32 | 2,750 | 3,554 |
International Business Machines Corp. | 5.600% | 11/30/39 | 3,203 | 4,172 |
International Business Machines Corp. | 4.000% | 6/20/42 | 3,100 | 3,267 |
International Business Machines Corp. | 4.700% | 2/19/46 | 3,350 | 3,936 |
Juniper Networks Inc. | 5.950% | 3/15/41 | 1,355 | 1,518 |
Microsoft Corp. | 3.500% | 2/12/35 | 6,347 | 6,585 |
Microsoft Corp. | 4.200% | 11/3/35 | 1,210 | 1,369 |
Microsoft Corp. | 3.450% | 8/8/36 | 9,038 | 9,309 |
Microsoft Corp. | 4.100% | 2/6/37 | 10,095 | 11,272 |
Microsoft Corp. | 5.200% | 6/1/39 | 2,455 | 3,096 |
Microsoft Corp. | 4.500% | 10/1/40 | 2,965 | 3,461 |
Microsoft Corp. | 5.300% | 2/8/41 | 2,175 | 2,782 |
Microsoft Corp. | 3.500% | 11/15/42 | 3,125 | 3,165 |
Microsoft Corp. | 3.750% | 5/1/43 | 1,658 | 1,732 |
Microsoft Corp. | 4.875% | 12/15/43 | 2,900 | 3,546 |
Microsoft Corp. | 3.750% | 2/12/45 | 6,946 | 7,319 |
Microsoft Corp. | 4.450% | 11/3/45 | 10,204 | 11,891 |
Microsoft Corp. | 3.700% | 8/8/46 | 15,300 | 15,952 |
Microsoft Corp. | 4.250% | 2/6/47 | 10,310 | 11,788 |
Microsoft Corp. | 4.000% | 2/12/55 | 9,310 | 10,001 |
Microsoft Corp. | 4.750% | 11/3/55 | 3,761 | 4,656 |
Microsoft Corp. | 3.950% | 8/8/56 | 4,957 | 5,281 |
Microsoft Corp. | 4.500% | 2/6/57 | 7,987 | 9,406 |
Motorola Solutions Inc. | 5.500% | 9/1/44 | 1,400 | 1,411 |
Oracle Corp. | 3.250% | 5/15/30 | 1,704 | 1,722 |
Oracle Corp. | 4.300% | 7/8/34 | 6,355 | 7,061 |
Oracle Corp. | 3.900% | 5/15/35 | 4,203 | 4,424 |
Oracle Corp. | 3.850% | 7/15/36 | 4,575 | 4,834 |
Oracle Corp. | 3.800% | 11/15/37 | 6,225 | 6,533 |
Oracle Corp. | 6.500% | 4/15/38 | 4,340 | 6,106 |
Oracle Corp. | 6.125% | 7/8/39 | 4,225 | 5,787 |
Oracle Corp. | 5.375% | 7/15/40 | 9,264 | 11,681 |
Oracle Corp. | 4.500% | 7/8/44 | 4,150 | 4,713 |
Oracle Corp. | 4.125% | 5/15/45 | 7,952 | 8,539 |
Oracle Corp. | 4.000% | 7/15/46 | 8,074 | 8,582 |
Oracle Corp. | 4.000% | 11/15/47 | 8,650 | 9,191 |
Oracle Corp. | 4.375% | 5/15/55 | 2,820 | 3,140 |
QUALCOMM Inc. | 4.650% | 5/20/35 | 3,475 | 3,741 |
QUALCOMM Inc. | 4.800% | 5/20/45 | 5,067 | 5,478 |
QUALCOMM Inc. | 4.300% | 5/20/47 | 5,500 | 5,533 |
Seagate HDD Cayman | 5.750% | 12/1/34 | 1,725 | 1,660 |
Tyco Electronics Group SA | 7.125% | 10/1/37 | 2,050 | 2,946 |
Verisk Analytics Inc. | 5.500% | 6/15/45 | 1,375 | 1,590 |
Xerox Corp. | 6.750% | 12/15/39 | 1,075 | 1,148 |
Transportation (1.7%) | ||||
3 American Airlines 2016-1 Class A Pass Through Trust | 4.100% | 1/15/28 | 880 | 920 |
3 American Airlines 2016-1 Class AA Pass Through Trust | 3.575% | 1/15/28 | 1,903 | 1,940 |
3 American Airlines 2016-2 Class A Pass Through Trust | 3.650% | 6/15/28 | 924 | 938 |
3 American Airlines 2016-2 Class AA Pass Through Trust | 3.200% | 12/15/29 | 1,825 | 1,812 |
American Airlines 2016-3 Class AA Pass Through Trust | 3.000% | 10/15/28 | 1,677 | 1,644 |
3 American Airlines 2017-1 Class AA Pass Through Trust | 3.650% | 8/15/30 | 1,050 | 1,076 |
3 American Airlines 2017-2 Class AA Pass Through Trust | 3.350% | 10/15/29 | 2,300 | 2,312 |
Burlington Northern Santa Fe LLC | 6.200% | 8/15/36 | 985 | 1,304 |
Burlington Northern Santa Fe LLC | 6.150% | 5/1/37 | 1,720 | 2,329 |
Burlington Northern Santa Fe LLC | 5.750% | 5/1/40 | 3,635 | 4,732 |
Burlington Northern Santa Fe LLC | 5.050% | 3/1/41 | 2,207 | 2,647 |
Burlington Northern Santa Fe LLC | 5.400% | 6/1/41 | 2,292 | 2,864 |
Burlington Northern Santa Fe LLC | 4.950% | 9/15/41 | 1,175 | 1,396 |
95
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Burlington Northern Santa Fe LLC | 4.400% | 3/15/42 | 2,310 | 2,589 |
Burlington Northern Santa Fe LLC | 4.375% | 9/1/42 | 2,380 | 2,662 |
Burlington Northern Santa Fe LLC | 4.450% | 3/15/43 | 2,695 | 3,042 |
Burlington Northern Santa Fe LLC | 5.150% | 9/1/43 | 2,560 | 3,141 |
Burlington Northern Santa Fe LLC | 4.900% | 4/1/44 | 2,350 | 2,819 |
Burlington Northern Santa Fe LLC | 4.550% | 9/1/44 | 2,975 | 3,427 |
Burlington Northern Santa Fe LLC | 4.150% | 4/1/45 | 3,573 | 3,871 |
Burlington Northern Santa Fe LLC | 4.700% | 9/1/45 | 1,700 | 2,002 |
Burlington Northern Santa Fe LLC | 3.900% | 8/1/46 | 1,900 | 2,018 |
Burlington Northern Santa Fe LLC | 4.125% | 6/15/47 | 2,446 | 2,729 |
Canadian National Railway Co. | 6.900% | 7/15/28 | 950 | 1,255 |
Canadian National Railway Co. | 6.250% | 8/1/34 | 2,420 | 3,247 |
Canadian National Railway Co. | 6.200% | 6/1/36 | 1,642 | 2,215 |
Canadian National Railway Co. | 6.375% | 11/15/37 | 490 | 685 |
Canadian National Railway Co. | 3.200% | 8/2/46 | 2,125 | 2,031 |
Canadian Pacific Railway Co. | 7.125% | 10/15/31 | 1,115 | 1,528 |
Canadian Pacific Railway Co. | 5.750% | 3/15/33 | 1,075 | 1,284 |
Canadian Pacific Railway Co. | 4.800% | 9/15/35 | 1,225 | 1,412 |
Canadian Pacific Railway Co. | 4.800% | 8/1/45 | 1,720 | 2,031 |
Canadian Pacific Railway Co. | 6.125% | 9/15/15 | 3,025 | 3,987 |
CSX Corp. | 6.000% | 10/1/36 | 1,095 | 1,398 |
CSX Corp. | 6.150% | 5/1/37 | 2,480 | 3,219 |
CSX Corp. | 6.220% | 4/30/40 | 2,925 | 3,860 |
CSX Corp. | 5.500% | 4/15/41 | 1,810 | 2,218 |
CSX Corp. | 4.750% | 5/30/42 | 2,100 | 2,353 |
CSX Corp. | 4.400% | 3/1/43 | 1,150 | 1,237 |
CSX Corp. | 4.100% | 3/15/44 | 1,750 | 1,821 |
CSX Corp. | 3.800% | 11/1/46 | 3,150 | 3,132 |
CSX Corp. | 3.950% | 5/1/50 | 2,325 | 2,298 |
CSX Corp. | 4.500% | 8/1/54 | 1,665 | 1,747 |
CSX Corp. | 4.250% | 11/1/66 | 2,000 | 2,011 |
FedEx Corp. | 4.900% | 1/15/34 | 1,725 | 1,946 |
FedEx Corp. | 3.900% | 2/1/35 | 1,770 | 1,791 |
FedEx Corp. | 3.875% | 8/1/42 | 1,755 | 1,723 |
FedEx Corp. | 4.100% | 4/15/43 | 1,700 | 1,737 |
FedEx Corp. | 5.100% | 1/15/44 | 2,490 | 2,880 |
FedEx Corp. | 4.100% | 2/1/45 | 1,270 | 1,282 |
FedEx Corp. | 4.750% | 11/15/45 | 5,350 | 6,027 |
FedEx Corp. | 4.550% | 4/1/46 | 4,150 | 4,561 |
FedEx Corp. | 4.400% | 1/15/47 | 1,280 | 1,367 |
FedEx Corp. | 4.500% | 2/1/65 | 785 | 789 |
Kansas City Southern | 4.300% | 5/15/43 | 1,500 | 1,556 |
Kansas City Southern | 4.950% | 8/15/45 | 1,670 | 1,897 |
Norfolk Southern Corp. | 7.250% | 2/15/31 | 660 | 944 |
Norfolk Southern Corp. | 7.050% | 5/1/37 | 345 | 511 |
Norfolk Southern Corp. | 4.837% | 10/1/41 | 1,908 | 2,211 |
Norfolk Southern Corp. | 3.950% | 10/1/42 | 1,635 | 1,676 |
Norfolk Southern Corp. | 4.450% | 6/15/45 | 1,760 | 1,956 |
Norfolk Southern Corp. | 4.650% | 1/15/46 | 2,550 | 2,901 |
4 Norfolk Southern Corp. | 4.050% | 8/15/52 | 3,846 | 3,988 |
Norfolk Southern Corp. | 6.000% | 3/15/05 | 832 | 1,011 |
3 Spirit Airlines Class A Pass Through Certificates Series | ||||
2015-1 | 4.100% | 10/1/29 | 1,538 | 1,597 |
Union Pacific Corp. | 3.375% | 2/1/35 | 625 | 628 |
Union Pacific Corp. | 3.600% | 9/15/37 | 3,185 | 3,293 |
Union Pacific Corp. | 4.300% | 6/15/42 | 130 | 143 |
Union Pacific Corp. | 4.250% | 4/15/43 | 1,550 | 1,696 |
Union Pacific Corp. | 4.821% | 2/1/44 | 150 | 178 |
Union Pacific Corp. | 4.150% | 1/15/45 | 400 | 433 |
Union Pacific Corp. | 4.050% | 11/15/45 | 1,200 | 1,292 |
Union Pacific Corp. | 4.050% | 3/1/46 | 3,100 | 3,332 |
Union Pacific Corp. | 3.350% | 8/15/46 | 1,425 | 1,381 |
Union Pacific Corp. | 4.000% | 4/15/47 | 2,000 | 2,185 |
96
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Union Pacific Corp. | 3.799% | 10/1/51 | 5,606 | 5,665 |
Union Pacific Corp. | 3.875% | 2/1/55 | 1,910 | 1,930 |
Union Pacific Corp. | 4.375% | 11/15/65 | 2,350 | 2,573 |
Union Pacific Corp. | 4.100% | 9/15/67 | 2,000 | 2,068 |
3 Union Pacific Railroad Co. 2007-3 Pass Through Trust | 6.176% | 1/2/31 | 653 | 756 |
3 United Airlines 2016-1 Class A Pass Through Trust | 3.450% | 1/7/30 | 1,250 | 1,258 |
3 United Airlines 2016-1 Class AA Pass Through Trust | 3.100% | 7/7/28 | 3,350 | 3,323 |
3 United Airlines 2016-2 Class A Pass Through Trust | 3.100% | 10/7/28 | 850 | 832 |
3 United Airlines 2016-2 Class AA Pass Through Trust | 2.875% | 10/7/28 | 1,075 | 1,054 |
United Parcel Service Inc. | 6.200% | 1/15/38 | 2,160 | 2,948 |
United Parcel Service Inc. | 4.875% | 11/15/40 | 1,895 | 2,268 |
United Parcel Service Inc. | 3.625% | 10/1/42 | 2,510 | 2,523 |
United Parcel Service Inc. | 3.400% | 11/15/46 | 2,300 | 2,233 |
United Parcel Service Inc. | 3.750% | 11/15/47 | 5,500 | 5,675 |
United Parcel Service of America Inc. | 8.375% | 4/1/30 | 550 | 774 |
4,035,567 | ||||
Utilities (6.0%) | ||||
Electric (5.5%) | ||||
4 AEP Texas Inc. | 3.800% | 10/1/47 | 1,550 | 1,597 |
AEP Transmission Co. LLC | 4.000% | 12/1/46 | 1,450 | 1,547 |
4 AEP Transmission Co. LLC | 3.750% | 12/1/47 | 1,750 | 1,790 |
Alabama Power Co. | 6.125% | 5/15/38 | 1,460 | 1,925 |
Alabama Power Co. | 6.000% | 3/1/39 | 1,490 | 1,955 |
Alabama Power Co. | 3.850% | 12/1/42 | 1,100 | 1,133 |
Alabama Power Co. | 4.150% | 8/15/44 | 2,175 | 2,354 |
Alabama Power Co. | 3.750% | 3/1/45 | 1,470 | 1,497 |
Alabama Power Co. | 4.300% | 1/2/46 | 1,400 | 1,560 |
Alabama Power Co. | 3.700% | 12/1/47 | 1,925 | 1,962 |
Ameren Illinois Co. | 4.150% | 3/15/46 | 1,752 | 1,934 |
Ameren Illinois Co. | 3.700% | 12/1/47 | 2,275 | 2,336 |
Appalachian Power Co. | 7.000% | 4/1/38 | 1,713 | 2,441 |
Appalachian Power Co. | 4.400% | 5/15/44 | 740 | 817 |
Appalachian Power Co. | 4.450% | 6/1/45 | 1,108 | 1,233 |
Arizona Public Service Co. | 5.050% | 9/1/41 | 1,430 | 1,711 |
Arizona Public Service Co. | 4.500% | 4/1/42 | 1,615 | 1,817 |
Arizona Public Service Co. | 4.350% | 11/15/45 | 825 | 925 |
Arizona Public Service Co. | 3.750% | 5/15/46 | 1,625 | 1,658 |
Baltimore Gas & Electric Co. | 6.350% | 10/1/36 | 1,401 | 1,867 |
Baltimore Gas & Electric Co. | 3.500% | 8/15/46 | 1,750 | 1,715 |
Baltimore Gas & Electric Co. | 3.750% | 8/15/47 | 1,075 | 1,101 |
Berkshire Hathaway Energy Co. | 6.125% | 4/1/36 | 5,610 | 7,525 |
Berkshire Hathaway Energy Co. | 5.950% | 5/15/37 | 3,725 | 4,899 |
Berkshire Hathaway Energy Co. | 6.500% | 9/15/37 | 1,979 | 2,775 |
Berkshire Hathaway Energy Co. | 5.150% | 11/15/43 | 875 | 1,051 |
Berkshire Hathaway Energy Co. | 4.500% | 2/1/45 | 2,568 | 2,878 |
Black Hills Corp. | 4.200% | 9/15/46 | 1,395 | 1,437 |
CenterPoint Energy Houston Electric LLC | 6.950% | 3/15/33 | 1,105 | 1,528 |
CenterPoint Energy Houston Electric LLC | 3.550% | 8/1/42 | 1,725 | 1,727 |
CenterPoint Energy Houston Electric LLC | 4.500% | 4/1/44 | 1,175 | 1,366 |
Cleco Corporate Holdings LLC | 4.973% | 5/1/46 | 1,225 | 1,350 |
Cleveland Electric Illuminating Co. | 5.950% | 12/15/36 | 1,030 | 1,282 |
CMS Energy Corp. | 4.875% | 3/1/44 | 1,055 | 1,232 |
Commonwealth Edison Co. | 5.900% | 3/15/36 | 2,135 | 2,778 |
Commonwealth Edison Co. | 6.450% | 1/15/38 | 1,230 | 1,696 |
Commonwealth Edison Co. | 3.800% | 10/1/42 | 1,350 | 1,391 |
Commonwealth Edison Co. | 4.600% | 8/15/43 | 1,415 | 1,631 |
Commonwealth Edison Co. | 4.700% | 1/15/44 | 1,200 | 1,412 |
Commonwealth Edison Co. | 3.700% | 3/1/45 | 1,685 | 1,713 |
Commonwealth Edison Co. | 4.350% | 11/15/45 | 1,625 | 1,822 |
Commonwealth Edison Co. | 3.650% | 6/15/46 | 2,200 | 2,226 |
Commonwealth Edison Co. | 3.750% | 8/15/47 | 1,950 | 2,023 |
Connecticut Light & Power Co. | 4.300% | 4/15/44 | 2,375 | 2,663 |
Connecticut Light & Power Co. | 4.150% | 6/1/45 | 50 | 55 |
97
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Consolidated Edison Co. of New York Inc. | 5.300% | 3/1/35 | 2,445 | 2,948 |
Consolidated Edison Co. of New York Inc. | 5.850% | 3/15/36 | 2,270 | 2,893 |
Consolidated Edison Co. of New York Inc. | 6.200% | 6/15/36 | 370 | 492 |
Consolidated Edison Co. of New York Inc. | 6.300% | 8/15/37 | 870 | 1,181 |
Consolidated Edison Co. of New York Inc. | 6.750% | 4/1/38 | 2,275 | 3,289 |
Consolidated Edison Co. of New York Inc. | 5.500% | 12/1/39 | 790 | 1,004 |
Consolidated Edison Co. of New York Inc. | 5.700% | 6/15/40 | 2,020 | 2,642 |
Consolidated Edison Co. of New York Inc. | 4.200% | 3/15/42 | 675 | 729 |
Consolidated Edison Co. of New York Inc. | 3.950% | 3/1/43 | 1,500 | 1,578 |
Consolidated Edison Co. of New York Inc. | 4.450% | 3/15/44 | 2,950 | 3,360 |
Consolidated Edison Co. of New York Inc. | 4.500% | 12/1/45 | 2,877 | 3,306 |
Consolidated Edison Co. of New York Inc. | 3.850% | 6/15/46 | 1,850 | 1,924 |
Consolidated Edison Co. of New York Inc. | 3.875% | 6/15/47 | 1,700 | 1,777 |
Consolidated Edison Co. of New York Inc. | 4.625% | 12/1/54 | 3,002 | 3,443 |
Consolidated Edison Co. of New York Inc. | 4.300% | 12/1/56 | 1,125 | 1,235 |
Consolidated Edison Co. of New York Inc. | 4.000% | 11/15/57 | 1,175 | 1,217 |
Consumers Energy Co. | 3.950% | 5/15/43 | 1,480 | 1,565 |
Consumers Energy Co. | 3.250% | 8/15/46 | 1,600 | 1,524 |
Consumers Energy Co. | 3.950% | 7/15/47 | 1,410 | 1,520 |
Delmarva Power & Light Co. | 4.150% | 5/15/45 | 2,250 | 2,471 |
Dominion Energy Inc. | 6.300% | 3/15/33 | 2,110 | 2,702 |
Dominion Energy Inc. | 5.950% | 6/15/35 | 2,190 | 2,769 |
Dominion Energy Inc. | 4.900% | 8/1/41 | 2,025 | 2,334 |
Dominion Energy Inc. | 4.050% | 9/15/42 | 1,245 | 1,278 |
Dominion Energy Inc. | 4.700% | 12/1/44 | 1,670 | 1,896 |
Dominion Energy Inc. | 5.250% | 8/1/33 | 1,250 | 1,467 |
DTE Electric Co. | 4.000% | 4/1/43 | 1,225 | 1,313 |
DTE Electric Co. | 4.300% | 7/1/44 | 1,120 | 1,252 |
DTE Electric Co. | 3.700% | 3/15/45 | 1,700 | 1,752 |
DTE Electric Co. | 3.700% | 6/1/46 | 1,125 | 1,154 |
DTE Electric Co. | 3.750% | 8/15/47 | 1,750 | 1,816 |
DTE Energy Co. | 6.375% | 4/15/33 | 1,555 | 2,021 |
Duke Energy Carolinas LLC | 6.000% | 12/1/28 | 925 | 1,141 |
Duke Energy Carolinas LLC | 6.450% | 10/15/32 | 1,525 | 2,027 |
Duke Energy Carolinas LLC | 6.100% | 6/1/37 | 1,410 | 1,858 |
Duke Energy Carolinas LLC | 6.050% | 4/15/38 | 1,075 | 1,447 |
Duke Energy Carolinas LLC | 5.300% | 2/15/40 | 2,625 | 3,295 |
Duke Energy Carolinas LLC | 4.250% | 12/15/41 | 2,570 | 2,835 |
Duke Energy Carolinas LLC | 4.000% | 9/30/42 | 2,725 | 2,905 |
Duke Energy Carolinas LLC | 3.750% | 6/1/45 | 2,760 | 2,844 |
Duke Energy Carolinas LLC | 3.875% | 3/15/46 | 2,100 | 2,212 |
Duke Energy Carolinas LLC | 3.700% | 12/1/47 | 1,850 | 1,903 |
Duke Energy Corp. | 4.800% | 12/15/45 | 2,400 | 2,791 |
Duke Energy Corp. | 3.750% | 9/1/46 | 5,216 | 5,158 |
Duke Energy Corp. | 3.950% | 8/15/47 | 2,750 | 2,821 |
Duke Energy Florida LLC | 6.350% | 9/15/37 | 1,390 | 1,930 |
Duke Energy Florida LLC | 6.400% | 6/15/38 | 1,659 | 2,335 |
Duke Energy Florida LLC | 5.650% | 4/1/40 | 1,115 | 1,450 |
Duke Energy Florida LLC | 3.850% | 11/15/42 | 1,490 | 1,557 |
Duke Energy Florida LLC | 3.400% | 10/1/46 | 1,250 | 1,211 |
3 Duke Energy Florida Project Finance LLC | 2.538% | 9/1/29 | 1,400 | 1,352 |
3 Duke Energy Florida Project Finance LLC | 2.858% | 3/1/33 | 800 | 744 |
3 Duke Energy Florida Project Finance LLC | 3.112% | 9/1/36 | 900 | 860 |
Duke Energy Indiana LLC | 6.120% | 10/15/35 | 1,106 | 1,445 |
Duke Energy Indiana LLC | 6.350% | 8/15/38 | 2,115 | 2,921 |
Duke Energy Indiana LLC | 6.450% | 4/1/39 | 750 | 1,047 |
Duke Energy Indiana LLC | 4.900% | 7/15/43 | 1,630 | 1,953 |
Duke Energy Indiana LLC | 3.750% | 5/15/46 | 1,800 | 1,850 |
Duke Energy Ohio Inc. | 3.700% | 6/15/46 | 1,225 | 1,252 |
Duke Energy Progress LLC | 6.300% | 4/1/38 | 1,075 | 1,481 |
Duke Energy Progress LLC | 4.100% | 5/15/42 | 2,625 | 2,831 |
Duke Energy Progress LLC | 4.100% | 3/15/43 | 1,245 | 1,345 |
Duke Energy Progress LLC | 4.375% | 3/30/44 | 2,100 | 2,366 |
Duke Energy Progress LLC | 4.150% | 12/1/44 | 1,705 | 1,868 |
98
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Duke Energy Progress LLC | 4.200% | 8/15/45 | 3,364 | 3,694 |
Duke Energy Progress LLC | 3.700% | 10/15/46 | 1,625 | 1,665 |
Duke Energy Progress LLC | 3.600% | 9/15/47 | 2,250 | 2,261 |
El Paso Electric Co. | 6.000% | 5/15/35 | 550 | 655 |
El Paso Electric Co. | 5.000% | 12/1/44 | 1,659 | 1,787 |
Emera US Finance LP | 4.750% | 6/15/46 | 5,698 | 6,252 |
Entergy Louisiana LLC | 3.250% | 4/1/28 | 290 | 290 |
Entergy Louisiana LLC | 3.050% | 6/1/31 | 1,750 | 1,691 |
Entergy Louisiana LLC | 4.950% | 1/15/45 | 2,106 | 2,195 |
Entergy Mississippi Inc. | 2.850% | 6/1/28 | 3,110 | 3,005 |
Exelon Corp. | 4.950% | 6/15/35 | 1,585 | 1,813 |
Exelon Corp. | 5.625% | 6/15/35 | 2,193 | 2,677 |
Exelon Corp. | 5.100% | 6/15/45 | 1,715 | 2,023 |
Exelon Corp. | 4.450% | 4/15/46 | 2,850 | 3,094 |
Exelon Generation Co. LLC | 6.250% | 10/1/39 | 1,665 | 1,938 |
Exelon Generation Co. LLC | 5.750% | 10/1/41 | 1,885 | 2,065 |
Exelon Generation Co. LLC | 5.600% | 6/15/42 | 3,575 | 3,911 |
FirstEnergy Corp. | 7.375% | 11/15/31 | 5,225 | 7,011 |
FirstEnergy Corp. | 4.850% | 7/15/47 | 3,500 | 3,880 |
Florida Power & Light Co. | 5.625% | 4/1/34 | 1,199 | 1,509 |
Florida Power & Light Co. | 4.950% | 6/1/35 | 755 | 895 |
Florida Power & Light Co. | 5.650% | 2/1/37 | 1,193 | 1,537 |
Florida Power & Light Co. | 5.950% | 2/1/38 | 1,825 | 2,449 |
Florida Power & Light Co. | 5.960% | 4/1/39 | 2,030 | 2,769 |
Florida Power & Light Co. | 5.690% | 3/1/40 | 1,315 | 1,743 |
Florida Power & Light Co. | 5.250% | 2/1/41 | 1,375 | 1,735 |
Florida Power & Light Co. | 4.125% | 2/1/42 | 2,525 | 2,783 |
Florida Power & Light Co. | 4.050% | 6/1/42 | 2,067 | 2,255 |
Florida Power & Light Co. | 3.800% | 12/15/42 | 1,605 | 1,673 |
Florida Power & Light Co. | 4.050% | 10/1/44 | 1,682 | 1,841 |
Florida Power & Light Co. | 3.700% | 12/1/47 | 2,425 | 2,526 |
Georgia Power Co. | 5.650% | 3/1/37 | 1,775 | 2,108 |
Georgia Power Co. | 5.950% | 2/1/39 | 1,630 | 2,068 |
Georgia Power Co. | 5.400% | 6/1/40 | 1,956 | 2,351 |
Georgia Power Co. | 4.750% | 9/1/40 | 1,745 | 1,935 |
Georgia Power Co. | 4.300% | 3/15/42 | 3,855 | 4,137 |
Georgia Power Co. | 4.300% | 3/15/43 | 1,270 | 1,352 |
Iberdrola International BV | 6.750% | 7/15/36 | 1,565 | 2,050 |
Indiana Michigan Power Co. | 6.050% | 3/15/37 | 1,040 | 1,344 |
Indiana Michigan Power Co. | 4.550% | 3/15/46 | 1,473 | 1,684 |
Indiana Michigan Power Co. | 3.750% | 7/1/47 | 1,725 | 1,752 |
Interstate Power & Light Co. | 6.250% | 7/15/39 | 1,735 | 2,327 |
Interstate Power & Light Co. | 3.700% | 9/15/46 | 650 | 650 |
ITC Holdings Corp. | 5.300% | 7/1/43 | 1,140 | 1,377 |
3 John Sevier Combined Cycle Generation LLC | 4.626% | 1/15/42 | 2,615 | 2,895 |
Kansas City Power & Light Co. | 6.050% | 11/15/35 | 680 | 854 |
Kansas City Power & Light Co. | 5.300% | 10/1/41 | 1,275 | 1,533 |
Kansas City Power & Light Co. | 4.200% | 6/15/47 | 500 | 529 |
Kentucky Utilities Co. | 5.125% | 11/1/40 | 1,065 | 1,314 |
MidAmerican Energy Co. | 6.750% | 12/30/31 | 1,715 | 2,317 |
MidAmerican Energy Co. | 5.750% | 11/1/35 | 1,550 | 1,968 |
MidAmerican Energy Co. | 5.800% | 10/15/36 | 1,530 | 1,969 |
MidAmerican Energy Co. | 4.800% | 9/15/43 | 1,290 | 1,545 |
MidAmerican Energy Co. | 4.400% | 10/15/44 | 920 | 1,043 |
MidAmerican Energy Co. | 4.250% | 5/1/46 | 1,694 | 1,897 |
MidAmerican Energy Co. | 3.950% | 8/1/47 | 1,625 | 1,733 |
Mississippi Power Co. | 4.250% | 3/15/42 | 1,575 | 1,537 |
National Rural Utilities Cooperative Finance Corp. | 8.000% | 3/1/32 | 1,000 | 1,466 |
National Rural Utilities Cooperative Finance Corp. | 4.023% | 11/1/32 | 2,949 | 3,114 |
Nevada Power Co. | 6.650% | 4/1/36 | 775 | 1,067 |
Nevada Power Co. | 6.750% | 7/1/37 | 1,270 | 1,786 |
Northern States Power Co. | 6.250% | 6/1/36 | 1,175 | 1,595 |
Northern States Power Co. | 6.200% | 7/1/37 | 1,200 | 1,627 |
Northern States Power Co. | 5.350% | 11/1/39 | 1,050 | 1,320 |
99
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Northern States Power Co. | 3.400% | 8/15/42 | 2,100 | 2,068 |
Northern States Power Co. | 4.125% | 5/15/44 | 1,450 | 1,594 |
Northern States Power Co. | 4.000% | 8/15/45 | 1,000 | 1,082 |
Northern States Power Co. | 3.600% | 5/15/46 | 1,325 | 1,345 |
NorthWestern Corp. | 4.176% | 11/15/44 | 1,380 | 1,495 |
NSTAR Electric Co. | 5.500% | 3/15/40 | 1,705 | 2,169 |
NSTAR Electric Co. | 4.400% | 3/1/44 | 610 | 697 |
Oglethorpe Power Corp. | 5.950% | 11/1/39 | 1,165 | 1,475 |
Oglethorpe Power Corp. | 5.375% | 11/1/40 | 2,380 | 2,794 |
Oglethorpe Power Corp. | 5.250% | 9/1/50 | 440 | 503 |
Ohio Edison Co. | 6.875% | 7/15/36 | 1,210 | 1,644 |
Oklahoma Gas & Electric Co. | 4.150% | 4/1/47 | 1,025 | 1,104 |
Oklahoma Gas & Electric Co. | 3.850% | 8/15/47 | 1,475 | 1,530 |
Oncor Electric Delivery Co. LLC | 7.000% | 5/1/32 | 1,770 | 2,423 |
Oncor Electric Delivery Co. LLC | 7.250% | 1/15/33 | 1,140 | 1,611 |
Oncor Electric Delivery Co. LLC | 7.500% | 9/1/38 | 1,023 | 1,551 |
Oncor Electric Delivery Co. LLC | 5.250% | 9/30/40 | 1,940 | 2,402 |
Oncor Electric Delivery Co. LLC | 4.550% | 12/1/41 | 1,405 | 1,617 |
Oncor Electric Delivery Co. LLC | 5.300% | 6/1/42 | 1,790 | 2,243 |
Oncor Electric Delivery Co. LLC | 3.750% | 4/1/45 | 1,870 | 1,940 |
4 Oncor Electric Delivery Co. LLC | 3.800% | 9/30/47 | 1,080 | 1,122 |
Pacific Gas & Electric Co. | 6.050% | 3/1/34 | 10,255 | 12,846 |
Pacific Gas & Electric Co. | 5.800% | 3/1/37 | 3,375 | 4,222 |
Pacific Gas & Electric Co. | 6.350% | 2/15/38 | 1,770 | 2,334 |
Pacific Gas & Electric Co. | 6.250% | 3/1/39 | 1,880 | 2,479 |
Pacific Gas & Electric Co. | 5.400% | 1/15/40 | 2,395 | 2,893 |
Pacific Gas & Electric Co. | 4.450% | 4/15/42 | 1,650 | 1,778 |
Pacific Gas & Electric Co. | 4.600% | 6/15/43 | 1,245 | 1,359 |
Pacific Gas & Electric Co. | 5.125% | 11/15/43 | 2,130 | 2,497 |
Pacific Gas & Electric Co. | 4.750% | 2/15/44 | 1,955 | 2,177 |
Pacific Gas & Electric Co. | 4.300% | 3/15/45 | 2,430 | 2,535 |
Pacific Gas & Electric Co. | 4.250% | 3/15/46 | 2,388 | 2,515 |
Pacific Gas & Electric Co. | 4.000% | 12/1/46 | 2,700 | 2,763 |
4 Pacific Gas & Electric Co. | 3.950% | 12/1/47 | 2,200 | 2,187 |
PacifiCorp | 7.700% | 11/15/31 | 1,370 | 1,984 |
PacifiCorp | 5.250% | 6/15/35 | 1,385 | 1,686 |
PacifiCorp | 6.100% | 8/1/36 | 1,170 | 1,555 |
PacifiCorp | 5.750% | 4/1/37 | 2,430 | 3,129 |
PacifiCorp | 6.250% | 10/15/37 | 2,249 | 3,078 |
PacifiCorp | 6.350% | 7/15/38 | 1,190 | 1,644 |
PacifiCorp | 6.000% | 1/15/39 | 2,750 | 3,682 |
PacifiCorp | 4.100% | 2/1/42 | 1,060 | 1,148 |
PECO Energy Co. | 5.950% | 10/1/36 | 1,140 | 1,513 |
Potomac Electric Power Co. | 6.500% | 11/15/37 | 1,945 | 2,705 |
Potomac Electric Power Co. | 4.150% | 3/15/43 | 2,190 | 2,387 |
PPL Capital Funding Inc. | 4.700% | 6/1/43 | 1,771 | 1,979 |
PPL Capital Funding Inc. | 5.000% | 3/15/44 | 1,410 | 1,649 |
PPL Capital Funding Inc. | 4.000% | 9/15/47 | 1,000 | 1,024 |
PPL Electric Utilities Corp. | 6.250% | 5/15/39 | 1,665 | 2,284 |
PPL Electric Utilities Corp. | 4.750% | 7/15/43 | 75 | 89 |
PPL Electric Utilities Corp. | 4.125% | 6/15/44 | 1,020 | 1,123 |
PPL Electric Utilities Corp. | 4.150% | 10/1/45 | 1,200 | 1,330 |
PPL Electric Utilities Corp. | 3.950% | 6/1/47 | 3,050 | 3,293 |
Progress Energy Inc. | 7.750% | 3/1/31 | 2,480 | 3,470 |
Progress Energy Inc. | 7.000% | 10/30/31 | 1,350 | 1,802 |
Progress Energy Inc. | 6.000% | 12/1/39 | 2,050 | 2,675 |
PSEG Power LLC | 8.625% | 4/15/31 | 1,860 | 2,445 |
Public Service Co. of Colorado | 6.500% | 8/1/38 | 400 | 561 |
Public Service Co. of Colorado | 3.600% | 9/15/42 | 1,765 | 1,784 |
Public Service Co. of Colorado | 4.300% | 3/15/44 | 1,875 | 2,092 |
Public Service Co. of Colorado | 3.800% | 6/15/47 | 1,900 | 1,989 |
Public Service Electric & Gas Co. | 5.800% | 5/1/37 | 1,510 | 1,969 |
Public Service Electric & Gas Co. | 3.950% | 5/1/42 | 2,195 | 2,366 |
Public Service Electric & Gas Co. | 3.650% | 9/1/42 | 2,095 | 2,142 |
100
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Public Service Electric & Gas Co. | 3.800% | 3/1/46 | 2,072 | 2,193 |
Public Service Electric & Gas Co. | 3.600% | 12/1/47 | 1,225 | 1,254 |
Puget Sound Energy Inc. | 6.274% | 3/15/37 | 1,370 | 1,844 |
Puget Sound Energy Inc. | 5.757% | 10/1/39 | 1,400 | 1,824 |
Puget Sound Energy Inc. | 5.795% | 3/15/40 | 720 | 948 |
Puget Sound Energy Inc. | 5.638% | 4/15/41 | 915 | 1,176 |
Puget Sound Energy Inc. | 4.300% | 5/20/45 | 2,160 | 2,437 |
San Diego Gas & Electric Co. | 6.000% | 6/1/39 | 485 | 647 |
San Diego Gas & Electric Co. | 4.500% | 8/15/40 | 1,660 | 1,940 |
San Diego Gas & Electric Co. | 3.750% | 6/1/47 | 2,075 | 2,176 |
South Carolina Electric & Gas Co. | 6.625% | 2/1/32 | 1,250 | 1,586 |
South Carolina Electric & Gas Co. | 5.300% | 5/15/33 | 1,450 | 1,646 |
South Carolina Electric & Gas Co. | 6.050% | 1/15/38 | 1,825 | 2,270 |
South Carolina Electric & Gas Co. | 5.450% | 2/1/41 | 1,165 | 1,380 |
South Carolina Electric & Gas Co. | 4.350% | 2/1/42 | 1,700 | 1,780 |
South Carolina Electric & Gas Co. | 4.600% | 6/15/43 | 1,955 | 2,117 |
South Carolina Electric & Gas Co. | 4.100% | 6/15/46 | 1,455 | 1,484 |
South Carolina Electric & Gas Co. | 4.500% | 6/1/64 | 1,675 | 1,741 |
South Carolina Electric & Gas Co. | 5.100% | 6/1/65 | 1,940 | 2,212 |
Southern California Edison Co. | 6.650% | 4/1/29 | 2,125 | 2,717 |
Southern California Edison Co. | 6.000% | 1/15/34 | 1,185 | 1,523 |
Southern California Edison Co. | 5.750% | 4/1/35 | 1,250 | 1,594 |
Southern California Edison Co. | 5.350% | 7/15/35 | 1,595 | 1,950 |
Southern California Edison Co. | 5.550% | 1/15/36 | 300 | 366 |
Southern California Edison Co. | 5.625% | 2/1/36 | 1,585 | 2,001 |
Southern California Edison Co. | 5.550% | 1/15/37 | 690 | 868 |
Southern California Edison Co. | 5.950% | 2/1/38 | 2,090 | 2,769 |
Southern California Edison Co. | 6.050% | 3/15/39 | 1,475 | 1,977 |
Southern California Edison Co. | 5.500% | 3/15/40 | 330 | 423 |
Southern California Edison Co. | 4.500% | 9/1/40 | 1,955 | 2,195 |
Southern California Edison Co. | 4.050% | 3/15/42 | 2,445 | 2,624 |
Southern California Edison Co. | 3.900% | 3/15/43 | 2,525 | 2,657 |
Southern California Edison Co. | 4.650% | 10/1/43 | 1,830 | 2,143 |
Southern California Edison Co. | 3.600% | 2/1/45 | 1,815 | 1,823 |
Southern California Edison Co. | 4.000% | 4/1/47 | 3,475 | 3,736 |
Southern Co. | 4.250% | 7/1/36 | 4,000 | 4,203 |
Southern Co. | 4.400% | 7/1/46 | 2,995 | 3,196 |
Southern Power Co. | 5.150% | 9/15/41 | 1,995 | 2,231 |
Southern Power Co. | 5.250% | 7/15/43 | 1,555 | 1,768 |
Southern Power Co. | 4.950% | 12/15/46 | 1,400 | 1,529 |
Southwestern Electric Power Co. | 6.200% | 3/15/40 | 1,085 | 1,449 |
Southwestern Electric Power Co. | 3.900% | 4/1/45 | 1,360 | 1,394 |
Southwestern Public Service Co. | 4.500% | 8/15/41 | 1,580 | 1,807 |
Southwestern Public Service Co. | 3.400% | 8/15/46 | 1,400 | 1,361 |
Southwestern Public Service Co. | 3.700% | 8/15/47 | 2,475 | 2,532 |
Tampa Electric Co. | 6.550% | 5/15/36 | 780 | 1,034 |
Tampa Electric Co. | 6.150% | 5/15/37 | 1,025 | 1,329 |
Tampa Electric Co. | 4.100% | 6/15/42 | 1,150 | 1,189 |
Tampa Electric Co. | 4.350% | 5/15/44 | 485 | 525 |
Toledo Edison Co. | 6.150% | 5/15/37 | 1,035 | 1,334 |
TransAlta Corp. | 6.500% | 3/15/40 | 1,040 | 1,036 |
Union Electric Co. | 5.300% | 8/1/37 | 1,040 | 1,257 |
Union Electric Co. | 8.450% | 3/15/39 | 1,140 | 1,853 |
Union Electric Co. | 3.900% | 9/15/42 | 1,650 | 1,729 |
Union Electric Co. | 3.650% | 4/15/45 | 1,410 | 1,431 |
Virginia Electric & Power Co. | 6.000% | 1/15/36 | 2,135 | 2,786 |
Virginia Electric & Power Co. | 6.000% | 5/15/37 | 2,155 | 2,831 |
Virginia Electric & Power Co. | 6.350% | 11/30/37 | 1,925 | 2,635 |
Virginia Electric & Power Co. | 8.875% | 11/15/38 | 1,750 | 3,013 |
Virginia Electric & Power Co. | 4.000% | 1/15/43 | 1,725 | 1,825 |
Virginia Electric & Power Co. | 4.650% | 8/15/43 | 1,235 | 1,436 |
Virginia Electric & Power Co. | 4.450% | 2/15/44 | 1,970 | 2,222 |
Virginia Electric & Power Co. | 4.200% | 5/15/45 | 2,198 | 2,409 |
Virginia Electric & Power Co. | 4.000% | 11/15/46 | 1,525 | 1,621 |
101
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Virginia Electric & Power Co. | 3.800% | 9/15/47 | 1,975 | 2,049 |
Westar Energy Inc. | 4.125% | 3/1/42 | 2,355 | 2,532 |
Westar Energy Inc. | 4.100% | 4/1/43 | 1,565 | 1,682 |
Westar Energy Inc. | 4.250% | 12/1/45 | 575 | 633 |
Wisconsin Electric Power Co. | 5.625% | 5/15/33 | 620 | 754 |
Wisconsin Electric Power Co. | 5.700% | 12/1/36 | 750 | 957 |
Wisconsin Power & Light Co. | 6.375% | 8/15/37 | 890 | 1,204 |
Wisconsin Public Service Corp. | 3.671% | 12/1/42 | 1,030 | 1,043 |
Wisconsin Public Service Corp. | 4.752% | 11/1/44 | 2,280 | 2,715 |
Xcel Energy Inc. | 6.500% | 7/1/36 | 1,700 | 2,307 |
Natural Gas (0.4%) | ||||
Atmos Energy Corp. | 5.500% | 6/15/41 | 1,575 | 1,993 |
Atmos Energy Corp. | 4.150% | 1/15/43 | 1,680 | 1,813 |
Atmos Energy Corp. | 4.125% | 10/15/44 | 2,480 | 2,710 |
CenterPoint Energy Resources Corp. | 5.850% | 1/15/41 | 1,350 | 1,727 |
CenterPoint Energy Resources Corp. | 4.100% | 9/1/47 | 1,025 | 1,077 |
KeySpan Corp. | 5.803% | 4/1/35 | 1,000 | 1,230 |
NiSource Finance Corp. | 5.950% | 6/15/41 | 1,375 | 1,757 |
Nisource Finance Corp. | 5.250% | 2/15/43 | 2,650 | 3,194 |
NiSource Finance Corp. | 4.800% | 2/15/44 | 1,925 | 2,185 |
NiSource Finance Corp. | 4.375% | 5/15/47 | 6,050 | 6,624 |
NiSource Finance Corp. | 3.950% | 3/30/48 | 500 | 509 |
ONE Gas Inc. | 4.658% | 2/1/44 | 2,082 | 2,382 |
Piedmont Natural Gas Co. Inc. | 4.650% | 8/1/43 | 850 | 972 |
Piedmont Natural Gas Co. Inc. | 3.640% | 11/1/46 | 1,250 | 1,229 |
Sempra Energy | 6.000% | 10/15/39 | 3,286 | 4,239 |
Southern California Gas Co. | 3.750% | 9/15/42 | 1,250 | 1,298 |
Southern Co. Gas Capital Corp. | 6.000% | 10/1/34 | 850 | 1,020 |
Southern Co. Gas Capital Corp. | 5.875% | 3/15/41 | 2,770 | 3,437 |
Southern Co. Gas Capital Corp. | 4.400% | 6/1/43 | 1,350 | 1,430 |
Southern Co. Gas Capital Corp. | 3.950% | 10/1/46 | 975 | 968 |
Southern Co. Gas Capital Corp. | 4.400% | 5/30/47 | 1,750 | 1,879 |
Southwest Gas Corp. | 3.800% | 9/29/46 | 1,375 | 1,386 |
Washington Gas Light Co. | 3.796% | 9/15/46 | 1,550 | 1,597 |
Other Utility (0.1%) | ||||
American Water Capital Corp. | 6.593% | 10/15/37 | 2,677 | 3,741 |
American Water Capital Corp. | 4.300% | 12/1/42 | 1,300 | 1,424 |
American Water Capital Corp. | 4.300% | 9/1/45 | 1,125 | 1,243 |
American Water Capital Corp. | 4.000% | 12/1/46 | 425 | 453 |
American Water Capital Corp. | 3.750% | 9/1/47 | 3,025 | 3,104 |
United Utilities plc | 6.875% | 8/15/28 | 1,325 | 1,609 |
Veolia Environnement SA | 6.750% | 6/1/38 | 1,358 | 1,784 |
678,535 | ||||
Total Corporate Bonds (Cost $5,208,142) | 5,684,207 | |||
Sovereign Bonds (4.1%) | ||||
Asian Development Bank | 5.820% | 6/16/28 | 1,480 | 1,797 |
CNOOC Finance 2013 Ltd. | 4.250% | 5/9/43 | 4,475 | 4,592 |
CNOOC Finance 2015 Australia Pty Ltd. | 4.200% | 5/5/45 | 500 | 510 |
CNOOC Nexen Finance 2014 ULC | 4.875% | 4/30/44 | 3,495 | 3,944 |
Ecopetrol SA | 7.375% | 9/18/43 | 2,650 | 3,177 |
Ecopetrol SA | 5.875% | 5/28/45 | 5,490 | 5,572 |
European Investment Bank | 4.875% | 2/15/36 | 5,024 | 6,578 |
Hydro-Quebec | 8.500% | 12/1/29 | 1,421 | 2,093 |
Republic of Indonesia | 3.500% | 1/11/28 | 2,000 | 1,994 |
Republic of Indonesia | 4.350% | 1/11/48 | 2,000 | 2,032 |
Inter-American Development Bank | 3.875% | 10/28/41 | 1,730 | 1,979 |
Inter-American Development Bank | 3.200% | 8/7/42 | 2,005 | 2,045 |
Inter-American Development Bank | 4.375% | 1/24/44 | 1,428 | 1,748 |
International Bank for Reconstruction & Development | 4.750% | 2/15/35 | 1,925 | 2,474 |
5 KFW | 0.000% | 4/18/36 | 6,555 | 3,834 |
5 KFW | 0.000% | 6/29/37 | 3,365 | 1,919 |
102
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Korea Electric Power Corp. | 7.000% | 2/1/27 | 750 | 959 |
Nexen Energy ULC | 7.875% | 3/15/32 | 1,800 | 2,563 |
Nexen Energy ULC | 5.875% | 3/10/35 | 1,930 | 2,362 |
Nexen Energy ULC | 6.400% | 5/15/37 | 1,355 | 1,761 |
Nexen Energy ULC | 7.500% | 7/30/39 | 2,250 | 3,328 |
3 Oriental Republic of Uruguay | 7.625% | 3/21/36 | 4,043 | 5,761 |
3 Oriental Republic of Uruguay | 4.125% | 11/20/45 | 2,750 | 2,760 |
3 Oriental Republic of Uruguay | 5.100% | 6/18/50 | 10,450 | 11,613 |
Petroleos Mexicanos | 6.625% | 6/15/35 | 8,907 | 9,540 |
Petroleos Mexicanos | 6.625% | 6/15/38 | 2,575 | 2,675 |
Petroleos Mexicanos | 6.500% | 6/2/41 | 10,275 | 10,622 |
Petroleos Mexicanos | 5.500% | 6/27/44 | 8,415 | 7,773 |
Petroleos Mexicanos | 6.375% | 1/23/45 | 11,050 | 11,108 |
Petroleos Mexicanos | 5.625% | 1/23/46 | 10,100 | 9,327 |
4 Petroleos Mexicanos | 6.750% | 9/21/47 | 10,650 | 11,151 |
Petroleos Mexicanos | 6.750% | 9/21/47 | 11,092 | 11,613 |
6 Power Sector Assets & Liabilities Management Corp. | 9.625% | 5/15/28 | 550 | 828 |
Province of British Columbia | 7.250% | 9/1/36 | 1,500 | 2,350 |
Province of Quebec | 7.500% | 9/15/29 | 7,765 | 10,998 |
Republic of Chile | 3.625% | 10/30/42 | 500 | 502 |
Republic of Chile | 3.860% | 6/21/47 | 6,400 | 6,578 |
Republic of Colombia | 10.375% | 1/28/33 | 1,025 | 1,619 |
Republic of Colombia | 7.375% | 9/18/37 | 4,757 | 6,423 |
Republic of Colombia | 6.125% | 1/18/41 | 7,425 | 9,031 |
3 Republic of Colombia | 5.625% | 2/26/44 | 9,175 | 10,505 |
3 Republic of Colombia | 5.000% | 6/15/45 | 14,475 | 15,307 |
Republic of Hungary | 7.625% | 3/29/41 | 4,710 | 7,391 |
Republic of Italy | 5.375% | 6/15/33 | 6,000 | 7,055 |
Republic of Korea | 4.125% | 6/10/44 | 2,150 | 2,468 |
3 Republic of Panama | 3.875% | 3/17/28 | 5,950 | 6,221 |
Republic of Panama | 9.375% | 4/1/29 | 3,260 | 4,936 |
3 Republic of Panama | 6.700% | 1/26/36 | 8,481 | 11,339 |
3 Republic of Panama | 4.500% | 5/15/47 | 2,800 | 3,014 |
3 Republic of Panama | 4.300% | 4/29/53 | 3,050 | 3,177 |
Republic of Peru | 8.750% | 11/21/33 | 7,800 | 12,330 |
3 Republic of Peru | 6.550% | 3/14/37 | 3,900 | 5,290 |
Republic of Peru | 5.625% | 11/18/50 | 9,440 | 12,182 |
Republic of the Philippines | 9.500% | 2/2/30 | 6,867 | 10,850 |
Republic of the Philippines | 7.750% | 1/14/31 | 8,325 | 11,863 |
Republic of the Philippines | 6.375% | 1/15/32 | 5,575 | 7,248 |
Republic of the Philippines | 6.375% | 10/23/34 | 9,650 | 12,895 |
Republic of the Philippines | 5.000% | 1/13/37 | 4,625 | 5,458 |
Republic of the Philippines | 3.950% | 1/20/40 | 8,177 | 8,433 |
Republic of the Philippines | 3.700% | 3/1/41 | 1,487 | 1,478 |
Republic of the Philippines | 3.700% | 2/2/42 | 4,400 | 4,383 |
State of Israel | 4.500% | 1/30/43 | 5,975 | 6,541 |
Statoil ASA | 6.800% | 1/15/28 | 435 | 558 |
Statoil ASA | 5.100% | 8/17/40 | 3,109 | 3,765 |
Statoil ASA | 4.250% | 11/23/41 | 2,525 | 2,721 |
Statoil ASA | 3.950% | 5/15/43 | 1,990 | 2,080 |
Statoil ASA | 4.800% | 11/8/43 | 2,465 | 2,894 |
United Mexican States | 7.500% | 4/8/33 | 4,010 | 5,464 |
United Mexican States | 6.750% | 9/27/34 | 5,372 | 6,980 |
United Mexican States | 6.050% | 1/11/40 | 19,541 | 23,019 |
United Mexican States | 4.750% | 3/8/44 | 16,336 | 16,497 |
United Mexican States | 5.550% | 1/21/45 | 10,255 | 11,592 |
United Mexican States | 4.600% | 1/23/46 | 9,751 | 9,639 |
United Mexican States | 4.350% | 1/15/47 | 7,450 | 7,137 |
United Mexican States | 5.750% | 10/12/10 | 9,050 | 9,555 |
Total Sovereign Bonds (Cost $436,372) | 461,798 |
103
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Taxable Municipal Bonds (3.7%) | ||||
Alameda County CA Joint Powers Authority Lease | ||||
Revenue | 7.046% | 12/1/44 | 1,125 | 1,695 |
American Municipal Power Ohio Inc. Revenue | ||||
(Hydroelectric Projects) | 6.449% | 2/15/44 | 680 | 934 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 7.834% | 2/15/41 | 645 | 1,007 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 6.053% | 2/15/43 | 550 | 741 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 5.939% | 2/15/47 | 2,000 | 2,626 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 6.270% | 2/15/50 | 450 | 589 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 7.499% | 2/15/50 | 175 | 266 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 8.084% | 2/15/50 | 2,495 | 4,252 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 6.918% | 4/1/40 | 1,095 | 1,580 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 6.263% | 4/1/49 | 4,250 | 6,279 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 7.043% | 4/1/50 | 2,805 | 4,431 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 6.907% | 10/1/50 | 1,665 | 2,630 |
California GO | 7.700% | 11/1/30 | 1,260 | 1,449 |
California GO | 7.500% | 4/1/34 | 6,830 | 10,114 |
California GO | 7.950% | 3/1/36 | 1,450 | 1,619 |
California GO | 7.550% | 4/1/39 | 11,495 | 18,089 |
California GO | 7.300% | 10/1/39 | 5,405 | 8,064 |
California GO | 7.350% | 11/1/39 | 2,925 | 4,390 |
California GO | 7.625% | 3/1/40 | 4,165 | 6,516 |
California GO | 7.600% | 11/1/40 | 7,150 | 11,418 |
California State University Systemwide Revenue | 3.899% | 11/1/47 | 1,000 | 1,052 |
Central Puget Sound WA Regional Transit Authority | ||||
Sales & Use Tax Revenue | 5.491% | 11/1/39 | 800 | 1,023 |
Chicago IL GO | 7.045% | 1/1/29 | 800 | 884 |
Chicago IL GO | 7.375% | 1/1/33 | 2,000 | 2,314 |
Chicago IL GO | 7.781% | 1/1/35 | 675 | 809 |
Chicago IL GO | 5.432% | 1/1/42 | 900 | 867 |
Chicago IL GO | 6.314% | 1/1/44 | 1,050 | 1,119 |
Chicago IL Metropolitan Water Reclamation District GO | 5.720% | 12/1/38 | 1,655 | 2,152 |
Chicago IL O'Hare International Airport Revenue | 6.395% | 1/1/40 | 1,275 | 1,780 |
Chicago IL Transit Authority Sales Tax Receipts | ||||
Revenue | 6.200% | 12/1/40 | 1,450 | 1,888 |
Chicago IL Transit Authority Transfer Tax Receipts | ||||
Revenue | 6.899% | 12/1/40 | 5,150 | 6,983 |
Chicago IL Water Revenue | 6.742% | 11/1/40 | 1,200 | 1,597 |
Clark County NV Airport System Revenue | 6.881% | 7/1/42 | 1,150 | 1,234 |
Clark County NV Airport System Revenue | 6.820% | 7/1/45 | 1,550 | 2,418 |
Commonwealth Financing Authority Pennsylvania | ||||
Revenue | 4.014% | 6/1/33 | 1,300 | 1,355 |
Connecticut GO | 5.632% | 12/1/29 | 1,500 | 1,736 |
Connecticut GO | 5.090% | 10/1/30 | 750 | 832 |
Connecticut GO | 5.850% | 3/15/32 | 3,350 | 4,029 |
Cook County IL GO | 6.229% | 11/15/34 | 1,050 | 1,332 |
Dallas County TX Hospital District Revenue | 5.621% | 8/15/44 | 850 | 1,061 |
Dallas TX Area Rapid Transit Revenue | 5.999% | 12/1/44 | 1,545 | 2,132 |
Dallas TX Area Rapid Transit Revenue | 5.022% | 12/1/48 | 1,665 | 2,076 |
Dallas TX Convention Center Hotel Development Corp. | ||||
Hotel Revenue | 7.088% | 1/1/42 | 1,665 | 2,262 |
Dallas TX Independent School District GO | 6.450% | 2/15/35 | 1,495 | 1,668 |
District of Columbia Income Tax Revenue | 5.591% | 12/1/34 | 675 | 834 |
104
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
District of Columbia Water & Sewer Authority Public | ||||
Utility Revenue | 4.814% | 10/1/14 | 1,275 | 1,490 |
East Bay CA Municipal Utility District Water System | ||||
Revenue | 5.874% | 6/1/40 | 1,575 | 2,110 |
George Washington University District of Columbia GO | 4.300% | 9/15/44 | 1,825 | 1,976 |
Georgia Municipal Electric Power Authority Revenue | 6.637% | 4/1/57 | 4,757 | 6,098 |
Georgia Municipal Electric Power Authority Revenue | 6.655% | 4/1/57 | 3,175 | 3,999 |
Georgia Municipal Electric Power Authority Revenue | 7.055% | 4/1/57 | 850 | 1,048 |
Grand Parkway Transportation Corp. Texas System Toll | ||||
Revenue | 5.184% | 10/1/42 | 1,000 | 1,224 |
Houston TX GO | 6.290% | 3/1/32 | 1,265 | 1,492 |
Illinois GO | 5.100% | 6/1/33 | 24,940 | 24,899 |
Illinois GO | 6.630% | 2/1/35 | 1,770 | 1,964 |
Illinois GO | 6.725% | 4/1/35 | 1,600 | 1,777 |
Illinois GO | 7.350% | 7/1/35 | 1,055 | 1,220 |
Illinois Toll Highway Authority Revenue | 6.184% | 1/1/34 | 1,670 | 2,168 |
JobsOhio Beverage System Statewide Liquor Profits | ||||
Revenue | 3.985% | 1/1/29 | 1,525 | 1,617 |
JobsOhio Beverage System Statewide Liquor Profits | ||||
Revenue | 4.532% | 1/1/35 | 1,050 | 1,175 |
Kansas Department of Transportation Highway | ||||
Revenue | 4.596% | 9/1/35 | 1,225 | 1,393 |
Los Angeles CA Community College District GO | 6.750% | 8/1/49 | 2,425 | 3,764 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 5.716% | 7/1/39 | 1,025 | 1,352 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 6.166% | 7/1/40 | 625 | 684 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 6.574% | 7/1/45 | 1,575 | 2,370 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 6.603% | 7/1/50 | 1,775 | 2,757 |
Los Angeles CA Unified School District GO | 5.755% | 7/1/29 | 1,640 | 2,007 |
Los Angeles CA Unified School District GO | 5.750% | 7/1/34 | 4,345 | 5,541 |
Los Angeles CA Unified School District GO | 6.758% | 7/1/34 | 2,810 | 3,881 |
Los Angeles County CA Metropolitan Transportation | ||||
Authority Sales Tax Revenue | 5.735% | 6/1/39 | 1,800 | 2,271 |
Los Angeles County CA Public Works Financing | ||||
Authority Lease Revenue | 7.618% | 8/1/40 | 700 | 1,087 |
Louisville & Jefferson County KY Metropolitan Sewer | ||||
District Sewer & Drainage System Revenue | 6.250% | 5/15/43 | 895 | 1,195 |
Maryland Transportation Authority Facilities Projects | ||||
Revenue | 5.888% | 7/1/43 | 850 | 1,134 |
Massachusetts GO | 4.500% | 8/1/31 | 1,500 | 1,722 |
Massachusetts GO | 5.456% | 12/1/39 | 3,135 | 3,994 |
Massachusetts School Building Authority Dedicated | ||||
Sales Tax Revenue | 5.715% | 8/15/39 | 1,530 | 1,948 |
Massachusetts Transportation Fund Revenue | 5.731% | 6/1/40 | 1,515 | 1,976 |
Metropolitan Government of Nashville & Davidson | ||||
County TN Convention Center Authority Tourism Tax | ||||
Revenue | 6.731% | 7/1/43 | 1,000 | 1,380 |
Metropolitan Washington DC/VA Airports Authority | ||||
Dulles Toll Road Revenue | 7.462% | 10/1/46 | 1,355 | 2,079 |
Mississippi GO | 5.245% | 11/1/34 | 1,100 | 1,317 |
Missouri Health & Educational Facilities Authority | ||||
Revenue (Washington University) | 3.652% | 8/15/57 | 1,400 | 1,423 |
Missouri Highways & Transportation Commission Road | ||||
Revenue | 5.445% | 5/1/33 | 600 | 727 |
7 New Jersey Economic Development Authority | ||||
Revenue (State Pension Funding) | 7.425% | 2/15/29 | 5,750 | 7,191 |
New Jersey Transportation Trust Fund Authority | ||||
Transportation System Revenue | 5.754% | 12/15/28 | 1,900 | 2,181 |
New Jersey Transportation Trust Fund Authority | ||||
Transportation System Revenue | 6.104% | 12/15/28 | 1,660 | 1,742 |
105
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
New Jersey Transportation Trust Fund Authority | ||||
Transportation System Revenue | 6.561% | 12/15/40 | 1,675 | 2,220 |
New Jersey Turnpike Authority Revenue | 7.414% | 1/1/40 | 4,564 | 7,045 |
New Jersey Turnpike Authority Revenue | 7.102% | 1/1/41 | 6,585 | 9,838 |
New York City NY GO | 5.206% | 10/1/31 | 1,070 | 1,251 |
New York City NY GO | 6.646% | 12/1/31 | 400 | 449 |
New York City NY GO | 6.246% | 6/1/35 | 1,075 | 1,171 |
New York City NY GO | 5.517% | 10/1/37 | 1,175 | 1,482 |
New York City NY GO | 6.271% | 12/1/37 | 1,520 | 2,052 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.750% | 6/15/41 | 975 | 1,331 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.790% | 6/15/41 | 500 | 541 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.724% | 6/15/42 | 1,030 | 1,396 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.952% | 6/15/42 | 800 | 1,118 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 6.011% | 6/15/42 | 1,500 | 2,111 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.440% | 6/15/43 | 1,970 | 2,592 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.882% | 6/15/44 | 1,670 | 2,310 |
New York City NY Transitional Finance Authority Future | ||||
Tax Revenue | 5.267% | 5/1/27 | 250 | 290 |
New York City NY Transitional Finance Authority Future | ||||
Tax Revenue | 5.767% | 8/1/36 | 1,575 | 1,977 |
New York City NY Transitional Finance Authority Future | ||||
Tax Revenue | 5.508% | 8/1/37 | 1,715 | 2,182 |
New York City NY Transitional Finance Authority Future | ||||
Tax Revenue | 5.572% | 11/1/38 | 1,150 | 1,456 |
New York Metropolitan Transportation Authority | ||||
Revenue | 6.814% | 11/15/40 | 540 | 772 |
New York Metropolitan Transportation Authority | ||||
Revenue (Dedicated Tax Fund) | 7.336% | 11/15/39 | 3,400 | 5,261 |
New York Metropolitan Transportation Authority | ||||
Revenue (Transit Revenue) | 5.871% | 11/15/39 | 700 | 902 |
New York Metropolitan Transportation Authority | ||||
Revenue (Transit Revenue) | 6.668% | 11/15/39 | 1,845 | 2,611 |
New York State Dormitory Authority Revenue (Personal | ||||
Income Tax) | 5.427% | 3/15/39 | 500 | 615 |
New York State Dormitory Authority Revenue (Personal | ||||
Income Tax) | 5.628% | 3/15/39 | 1,830 | 2,286 |
New York State Dormitory Authority Revenue (Personal | ||||
Income Tax) | 5.600% | 3/15/40 | 900 | 1,155 |
New York State Urban Development Corp. Revenue | ||||
(Personal Income Tax) | 5.770% | 3/15/39 | 1,625 | 1,987 |
New York University Hospitals Center Revenue | 5.750% | 7/1/43 | 925 | 1,203 |
North Carolina Turnpike Authority Revenue | 6.700% | 1/1/39 | 170 | 178 |
North Texas Tollway Authority System Revenue | 6.718% | 1/1/49 | 2,835 | 4,313 |
Ohio State University General Receipts Revenue | 4.910% | 6/1/40 | 2,175 | 2,635 |
Ohio State University General Receipts Revenue | 3.798% | 12/1/46 | 1,400 | 1,446 |
Ohio State University General Receipts Revenue | 4.800% | 6/1/11 | 1,682 | 1,889 |
Ohio Water Development Authority Water Pollution | ||||
Control Loan Fund Revenue | 4.879% | 12/1/34 | 1,125 | 1,296 |
Oregon Department of Transportation Highway User | ||||
Tax Revenue | 5.834% | 11/15/34 | 1,405 | 1,809 |
8 Oregon School Boards Association GO | 5.528% | 6/30/28 | 1,500 | 1,731 |
7 Oregon School Boards Association GO | 5.550% | 6/30/28 | 875 | 1,019 |
Pennsylvania Turnpike Commission Revenue | 5.511% | 12/1/45 | 1,910 | 2,498 |
Port Authority of New York & New Jersey Revenue | 6.040% | 12/1/29 | 1,260 | 1,605 |
Port Authority of New York & New Jersey Revenue | 5.647% | 11/1/40 | 2,195 | 2,879 |
Port Authority of New York & New Jersey Revenue | 5.647% | 11/1/40 | 1,625 | 2,131 |
Port Authority of New York & New Jersey Revenue | 4.960% | 8/1/46 | 2,375 | 2,944 |
106
Vanguard® Long-Term Bond Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Port Authority of New York & New Jersey Revenue | 5.310% | 8/1/46 | 1,200 | 1,344 |
Port Authority of New York & New Jersey Revenue | 4.926% | 10/1/51 | 3,520 | 4,349 |
Port Authority of New York & New Jersey Revenue | 4.458% | 10/1/62 | 7,375 | 8,516 |
Port Authority of New York & New Jersey Revenue | 4.810% | 10/15/65 | 1,500 | 1,827 |
Port of Seattle WA Revenue | 7.000% | 5/1/36 | 100 | 106 |
President & Fellows of Harvard College Massachusetts | ||||
GO | 4.875% | 10/15/40 | 2,650 | 3,298 |
President & Fellows of Harvard College Massachusetts | ||||
GO | 3.150% | 7/15/46 | 1,700 | 1,652 |
Princeton University New Jersey GO | 5.700% | 3/1/39 | 2,150 | 2,844 |
Regional Transportation District of Colorado Sales Tax | ||||
Revenue | 5.844% | 11/1/50 | 1,110 | 1,512 |
Rutgers State University New Jersey Revenue | 5.665% | 5/1/40 | 1,185 | 1,455 |
Sales Tax Securitization Corp. | 3.587% | 1/1/43 | 1,200 | 1,198 |
Salt River Project Arizona Agricultural Improvement & | ||||
Power District Revenue | 4.839% | 1/1/41 | 1,900 | 2,287 |
San Antonio TX Electric & Gas Systems Revenue | 5.985% | 2/1/39 | 600 | 808 |
San Antonio TX Electric & Gas Systems Revenue | 5.808% | 2/1/41 | 1,450 | 1,927 |
San Antonio TX Electric & Gas Systems Revenue | 4.427% | 2/1/42 | 1,100 | 1,271 |
San Diego County CA Regional Transportation | ||||
Commission Sales Tax Revenue | 5.911% | 4/1/48 | 1,365 | 1,869 |
San Diego County CA Water Authority Revenue | 6.138% | 5/1/49 | 2,000 | 2,825 |
San Francisco CA City & County Public Utilities | ||||
Commission Water Revenue | 6.950% | 11/1/50 | 1,440 | 2,151 |
San Jose California Redevelopment Agency Successor | ||||
Agency Tax Allocation | 3.375% | 8/1/34 | 1,350 | 1,330 |
Santa Clara Valley CA Transportation Authority Sales | ||||
Tax Revenue | 5.876% | 4/1/32 | 1,500 | 1,818 |
South Carolina Public Service Authority Revenue | 5.784% | 12/1/41 | 250 | 308 |
South Carolina Public Service Authority Revenue | 6.454% | 1/1/50 | 1,300 | 1,764 |
Texas GO | 5.517% | 4/1/39 | 3,790 | 4,976 |
Texas Transportation Commission Revenue | 5.178% | 4/1/30 | 3,900 | 4,686 |
Texas Transportation Commission Revenue | 4.631% | 4/1/33 | 1,460 | 1,658 |
Texas Transportation Commission Revenue | 4.681% | 4/1/40 | 950 | 1,124 |
University of California Regents Medical Center | ||||
Revenue | 6.548% | 5/15/48 | 1,350 | 1,914 |
University of California Regents Medical Center | ||||
Revenue | 6.583% | 5/15/49 | 1,075 | 1,512 |
University of California Revenue | 4.601% | 5/15/31 | 1,500 | 1,667 |
University of California Revenue | 6.270% | 5/15/31 | 500 | 525 |
University of California Revenue | 5.770% | 5/15/43 | 2,900 | 3,793 |
University of California Revenue | 4.131% | 5/15/45 | 1,500 | 1,587 |
University of California Revenue | 5.946% | 5/15/45 | 1,275 | 1,670 |
University of California Revenue | 4.858% | 5/15/12 | 3,050 | 3,405 |
University of California Revenue | 4.767% | 5/15/15 | 1,450 | 1,585 |
University of Southern California GO | 5.250% | 10/1/11 | 1,000 | 1,247 |
University of Texas Permanent University Fund | ||||
Revenue | 3.376% | 7/1/47 | 1,200 | 1,205 |
University of Texas Revenue | 3.354% | 8/15/47 | 1,000 | 1,006 |
University of Texas System Revenue Financing System | ||||
Revenue | 6.276% | 8/15/41 | 900 | 961 |
University of Texas System Revenue Financing System | ||||
Revenue | 5.134% | 8/15/42 | 550 | 681 |
University of Texas System Revenue Financing System | ||||
Revenue | 4.794% | 8/15/46 | 1,075 | 1,291 |
University of Virginia Revenue | 4.179% | 9/1/17 | 600 | 626 |
Washington GO | 5.140% | 8/1/40 | 1,110 | 1,401 |
Wisconsin Annual Appropriation Revenue | 3.954% | 5/1/36 | 1,650 | 1,716 |
Total Taxable Municipal Bonds (Cost $351,811) | 420,171 |
107
Vanguard® Long-Term Bond Index Fund | |||
Schedule of Investments | |||
December 31, 2017 | |||
Shares | |||
Temporary Cash Investment (0.3%) | |||
Money Market Fund (0.3%) | |||
9 Vanguard Market Liquidity Fund (Cost | |||
$41,280) | 1.458% | 412,773 | 41,282 |
Total Investments (99.3%) (Cost $10,435,648) | 11,230,871 | ||
Other Assets and Liabilities—Net (0.7%) | 74,882 | ||
Net Assets (100%) | 11,305,753 |
1 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S. Treasury nor backed by the full
faith and credit of the U.S. government.
2 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal
Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior
preferred stock.
3 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and
prepayments or the possibility of the issue being called.
4 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from
registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value of these securities was $177,003,000,
representing 1.6% of net assets.
5 Guaranteed by the Federal Republic of Germany.
6 Guaranteed by the Republic of the Philippines.
7 Scheduled principal and interest payments are guaranteed by National Public Finance Guarantee Corp.
8 Scheduled principal and interest payments are guaranteed by AGM (Assured Guaranty Municipal Corporation).
9 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day
yield.
GO—General Obligation Bond.
108
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© 2018 The Vanguard Group, Inc. | |
All rights reserved. | |
Vanguard Marketing Corporation, Distributor. | |
SNA3140_022018 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard Bond Index Funds and Shareholders of Vanguard Short-Term Bond Index Fund, Vanguard Intermediate-Term Bond Index Fund and Vanguard Long-Term Bond Index Fund
Opinions on the Financial Statements
We have audited the accompanying statements of net assets—investments summary of Vanguard Short-Term Bond Index Fund, Vanguard Intermediate-Term Bond Index Fund and Vanguard Long-Term Bond Index Fund (three of the funds constituting Vanguard Bond Index Funds, hereafter collectively referred to as the "Funds") as of December 31, 2017, the related statements of operations for the year ended December 31, 2017, the statements of changes in net assets for each of the two years in the period ended December 31, 2017, including the related notes, and the financial highlights for each of the five years in the period ended December 31, 2017 (included in Item 1 of this Form N-CSR) and the schedules of investments (included in Item 6 of this Form N-CSR) as of December 31, 2017 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of December 31, 2017, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended December 31, 2017 and each of the financial highlights for each of the five years in the period ended December 31, 2017 in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinions
These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of December 31, 2017 by correspondence with the custodian and brokers and by agreement to the underlying ownership records of the transfer agent; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.
February 14, 2018
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds
since 1975.
PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042
T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
U.S. Government and Agency Obligations (63.7%) | ||||
U.S. Government Securities (40.4%) | ||||
United States Treasury Note/Bond | 3.750% | 11/15/18 | 277,786 | 282,431 |
United States Treasury Note/Bond | 1.125% | 1/31/19 | 53,100 | 52,702 |
United States Treasury Note/Bond | 1.250% | 1/31/19 | 94,800 | 94,192 |
United States Treasury Note/Bond | 1.500% | 1/31/19 | 226,270 | 225,421 |
United States Treasury Note/Bond | 0.750% | 2/15/19 | 652,862 | 644,904 |
United States Treasury Note/Bond | 2.750% | 2/15/19 | 258,075 | 260,614 |
United States Treasury Note/Bond | 8.875% | 2/15/19 | 72,220 | 77,907 |
United States Treasury Note/Bond | 1.125% | 2/28/19 | 6,620 | 6,566 |
United States Treasury Note/Bond | 1.375% | 2/28/19 | 122,070 | 121,402 |
United States Treasury Note/Bond | 1.500% | 2/28/19 | 70,545 | 70,259 |
United States Treasury Note/Bond | 1.000% | 3/15/19 | 769,600 | 761,904 |
United States Treasury Note/Bond | 1.250% | 3/31/19 | 253,790 | 251,887 |
United States Treasury Note/Bond | 1.500% | 3/31/19 | 30,965 | 30,829 |
United States Treasury Note/Bond | 1.625% | 3/31/19 | 331,485 | 330,554 |
United States Treasury Note/Bond | 0.875% | 4/15/19 | 472,930 | 467,094 |
United States Treasury Note/Bond | 1.250% | 4/30/19 | 167,302 | 165,969 |
United States Treasury Note/Bond | 1.625% | 4/30/19 | 375,075 | 373,961 |
United States Treasury Note/Bond | 0.875% | 5/15/19 | 567,645 | 560,283 |
United States Treasury Note/Bond | 3.125% | 5/15/19 | 606,834 | 617,168 |
United States Treasury Note/Bond | 1.125% | 5/31/19 | 179,315 | 177,522 |
United States Treasury Note/Bond | 1.250% | 5/31/19 | 150,055 | 148,813 |
United States Treasury Note/Bond | 1.500% | 5/31/19 | 250,930 | 249,675 |
United States Treasury Note/Bond | 0.875% | 6/15/19 | 202,325 | 199,511 |
United States Treasury Note/Bond | 1.000% | 6/30/19 | 33,462 | 33,049 |
United States Treasury Note/Bond | 1.250% | 6/30/19 | 303,895 | 301,187 |
United States Treasury Note/Bond | 1.625% | 6/30/19 | 348,770 | 347,570 |
United States Treasury Note/Bond | 0.750% | 7/15/19 | 401,795 | 395,077 |
United States Treasury Note/Bond | 0.875% | 7/31/19 | 128,706 | 126,755 |
United States Treasury Note/Bond | 1.375% | 7/31/19 | 173,140 | 171,841 |
United States Treasury Note/Bond | 1.625% | 7/31/19 | 275,496 | 274,463 |
United States Treasury Note/Bond | 0.750% | 8/15/19 | 249,493 | 245,087 |
United States Treasury Note/Bond | 3.625% | 8/15/19 | 766,942 | 788,156 |
United States Treasury Note/Bond | 8.125% | 8/15/19 | 6,636 | 7,291 |
United States Treasury Note/Bond | 1.250% | 8/31/19 | 76,119 | 75,346 |
United States Treasury Note/Bond | 1.625% | 8/31/19 | 364,194 | 362,715 |
United States Treasury Note/Bond | 0.875% | 9/15/19 | 472,565 | 464,664 |
United States Treasury Note/Bond | 1.000% | 9/30/19 | 58,600 | 57,739 |
United States Treasury Note/Bond | 1.375% | 9/30/19 | 216,875 | 215,012 |
United States Treasury Note/Bond | 1.750% | 9/30/19 | 404,421 | 403,535 |
United States Treasury Note/Bond | 1.000% | 10/15/19 | 412,665 | 406,409 |
United States Treasury Note/Bond | 1.250% | 10/31/19 | 40,600 | 40,143 |
United States Treasury Note/Bond | 1.500% | 10/31/19 | 741,575 | 736,592 |
United States Treasury Note/Bond | 1.000% | 11/15/19 | 536,465 | 527,833 |
United States Treasury Note/Bond | 3.375% | 11/15/19 | 569,133 | 584,784 |
United States Treasury Note/Bond | 1.000% | 11/30/19 | 147,175 | 144,760 |
United States Treasury Note/Bond | 1.500% | 11/30/19 | 503,150 | 499,532 |
United States Treasury Note/Bond | 1.750% | 11/30/19 | 318,945 | 318,148 |
United States Treasury Note/Bond | 1.375% | 12/15/19 | 292,585 | 289,750 |
United States Treasury Note/Bond | 1.125% | 12/31/19 | 95,000 | 93,590 |
United States Treasury Note/Bond | 1.625% | 12/31/19 | 39,053 | 38,845 |
United States Treasury Note/Bond | 1.875% | 12/31/19 | 119,655 | 119,636 |
United States Treasury Note/Bond | 1.375% | 1/15/20 | 112,100 | 110,944 |
United States Treasury Note/Bond | 1.250% | 1/31/20 | 553,500 | 546,321 |
United States Treasury Note/Bond | 1.375% | 1/31/20 | 170,508 | 168,697 |
United States Treasury Note/Bond | 1.375% | 2/15/20 | 858,024 | 848,637 |
1 United States Treasury Note/Bond | 3.625% | 2/15/20 | 477,635 | 494,648 |
United States Treasury Note/Bond | 8.500% | 2/15/20 | 15,275 | 17,373 |
United States Treasury Note/Bond | 1.250% | 2/29/20 | 77,506 | 76,464 |
United States Treasury Note/Bond | 1.375% | 2/29/20 | 196,685 | 194,472 |
United States Treasury Note/Bond | 1.625% | 3/15/20 | 796,130 | 791,401 |
United States Treasury Note/Bond | 1.125% | 3/31/20 | 20,300 | 19,951 |
1
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 1.375% | 3/31/20 | 175,643 | 173,613 |
United States Treasury Note/Bond | 1.500% | 4/15/20 | 333,640 | 330,564 |
United States Treasury Note/Bond | 1.125% | 4/30/20 | 88,993 | 87,408 |
United States Treasury Note/Bond | 1.375% | 4/30/20 | 249,230 | 246,154 |
United States Treasury Note/Bond | 1.500% | 5/15/20 | 468,788 | 464,246 |
United States Treasury Note/Bond | 3.500% | 5/15/20 | 501,005 | 519,247 |
United States Treasury Note/Bond | 8.750% | 5/15/20 | 70 | 81 |
United States Treasury Note/Bond | 1.375% | 5/31/20 | 312,855 | 308,847 |
United States Treasury Note/Bond | 1.500% | 5/31/20 | 138,577 | 137,191 |
United States Treasury Note/Bond | 1.500% | 6/15/20 | 382,922 | 379,032 |
United States Treasury Note/Bond | 1.625% | 6/30/20 | 88,735 | 88,084 |
United States Treasury Note/Bond | 1.875% | 6/30/20 | 320,460 | 320,059 |
United States Treasury Note/Bond | 1.500% | 7/15/20 | 377,857 | 373,844 |
United States Treasury Note/Bond | 1.625% | 7/31/20 | 330,340 | 327,760 |
United States Treasury Note/Bond | 2.000% | 7/31/20 | 105,803 | 105,968 |
United States Treasury Note/Bond | 1.500% | 8/15/20 | 601,959 | 595,374 |
United States Treasury Note/Bond | 2.625% | 8/15/20 | 282,500 | 287,399 |
United States Treasury Note/Bond | 8.750% | 8/15/20 | 192,190 | 225,283 |
United States Treasury Note/Bond | 1.375% | 8/31/20 | 357,825 | 352,626 |
United States Treasury Note/Bond | 2.125% | 8/31/20 | 175,666 | 176,490 |
United States Treasury Note/Bond | 1.375% | 9/30/20 | 222,650 | 219,241 |
United States Treasury Note/Bond | 2.000% | 9/30/20 | 50,741 | 50,813 |
United States Treasury Note/Bond | 1.625% | 10/15/20 | 400,557 | 396,988 |
United States Treasury Note/Bond | 1.375% | 10/31/20 | 207,217 | 203,850 |
United States Treasury Note/Bond | 1.750% | 10/31/20 | 235,567 | 234,243 |
United States Treasury Note/Bond | 1.750% | 11/15/20 | 650,670 | 646,909 |
United States Treasury Note/Bond | 2.625% | 11/15/20 | 853,684 | 869,025 |
United States Treasury Note/Bond | 1.625% | 11/30/20 | 404,003 | 399,898 |
United States Treasury Note/Bond | 2.000% | 11/30/20 | 350,855 | 351,185 |
United States Treasury Note/Bond | 1.875% | 12/15/20 | 10,400 | 10,369 |
United States Treasury Note/Bond | 1.750% | 12/31/20 | 283,948 | 281,952 |
United States Treasury Note/Bond | 2.375% | 12/31/20 | 302,770 | 306,128 |
United States Treasury Note/Bond | 1.375% | 1/31/21 | 499,027 | 489,516 |
United States Treasury Note/Bond | 2.125% | 1/31/21 | 114,586 | 114,962 |
United States Treasury Note/Bond | 3.625% | 2/15/21 | 391,842 | 410,882 |
United States Treasury Note/Bond | 7.875% | 2/15/21 | 209,734 | 246,962 |
United States Treasury Note/Bond | 1.125% | 2/28/21 | 148,979 | 144,836 |
United States Treasury Note/Bond | 2.000% | 2/28/21 | 426,858 | 426,525 |
United States Treasury Note/Bond | 1.250% | 3/31/21 | 709,298 | 691,785 |
United States Treasury Note/Bond | 2.250% | 3/31/21 | 321,376 | 323,484 |
United States Treasury Note/Bond | 1.375% | 4/30/21 | 167,710 | 164,067 |
United States Treasury Note/Bond | 2.250% | 4/30/21 | 369,725 | 372,095 |
United States Treasury Note/Bond | 3.125% | 5/15/21 | 391,810 | 405,461 |
United States Treasury Note/Bond | 8.125% | 5/15/21 | 110 | 132 |
United States Treasury Note/Bond | 1.375% | 5/31/21 | 456,650 | 446,302 |
United States Treasury Note/Bond | 2.000% | 5/31/21 | 265,320 | 264,821 |
United States Treasury Note/Bond | 1.125% | 6/30/21 | 477,116 | 461,982 |
United States Treasury Note/Bond | 2.125% | 6/30/21 | 344,450 | 345,042 |
United States Treasury Note/Bond | 1.125% | 7/31/21 | 400,260 | 387,063 |
United States Treasury Note/Bond | 2.250% | 7/31/21 | 249,925 | 251,330 |
United States Treasury Note/Bond | 2.125% | 8/15/21 | 113,948 | 114,090 |
United States Treasury Note/Bond | 8.125% | 8/15/21 | 35,690 | 43,191 |
United States Treasury Note/Bond | 1.125% | 8/31/21 | 215,566 | 208,223 |
United States Treasury Note/Bond | 2.000% | 8/31/21 | 359,915 | 358,677 |
United States Treasury Note/Bond | 1.125% | 9/30/21 | 564,411 | 544,566 |
United States Treasury Note/Bond | 2.125% | 9/30/21 | 383,791 | 383,971 |
United States Treasury Note/Bond | 1.250% | 10/31/21 | 514,864 | 498,774 |
United States Treasury Note/Bond | 2.000% | 10/31/21 | 278,940 | 277,763 |
United States Treasury Note/Bond | 2.000% | 11/15/21 | 335,482 | 334,485 |
United States Treasury Note/Bond | 1.750% | 11/30/21 | 132,807 | 130,940 |
United States Treasury Note/Bond | 1.875% | 11/30/21 | 238,710 | 236,733 |
United States Treasury Note/Bond | 2.000% | 12/31/21 | 12,380 | 12,316 |
United States Treasury Note/Bond | 2.125% | 12/31/21 | 253,010 | 253,010 |
United States Treasury Note/Bond | 1.500% | 1/31/22 | 228,760 | 223,078 |
2
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 1.875% | 1/31/22 | 391,022 | 386,928 |
United States Treasury Note/Bond | 2.000% | 2/15/22 | 64,416 | 64,094 |
United States Treasury Note/Bond | 1.750% | 2/28/22 | 781,447 | 769,241 |
United States Treasury Note/Bond | 1.875% | 2/28/22 | 531,386 | 525,573 |
United States Treasury Note/Bond | 1.750% | 3/31/22 | 215,000 | 211,440 |
United States Treasury Note/Bond | 1.875% | 3/31/22 | 495,100 | 489,451 |
United States Treasury Note/Bond | 1.750% | 4/30/22 | 191,175 | 187,860 |
United States Treasury Note/Bond | 1.875% | 4/30/22 | 400,080 | 395,267 |
United States Treasury Note/Bond | 1.750% | 5/15/22 | 25,845 | 25,425 |
United States Treasury Note/Bond | 1.750% | 5/31/22 | 429,280 | 421,768 |
United States Treasury Note/Bond | 1.875% | 5/31/22 | 250,470 | 247,575 |
United States Treasury Note/Bond | 1.750% | 6/30/22 | 343,114 | 336,897 |
United States Treasury Note/Bond | 2.125% | 6/30/22 | 227,735 | 227,236 |
United States Treasury Note/Bond | 1.875% | 7/31/22 | 530,907 | 523,607 |
United States Treasury Note/Bond | 2.000% | 7/31/22 | 227,600 | 225,857 |
United States Treasury Note/Bond | 1.625% | 8/15/22 | 31,980 | 31,215 |
United States Treasury Note/Bond | 7.250% | 8/15/22 | 3,014 | 3,688 |
United States Treasury Note/Bond | 1.625% | 8/31/22 | 445,550 | 434,411 |
United States Treasury Note/Bond | 1.875% | 8/31/22 | 435,118 | 429,000 |
United States Treasury Note/Bond | 1.750% | 9/30/22 | 322,915 | 316,405 |
United States Treasury Note/Bond | 1.875% | 9/30/22 | 499,170 | 491,917 |
United States Treasury Note/Bond | 1.875% | 10/31/22 | 354,240 | 349,093 |
United States Treasury Note/Bond | 2.000% | 10/31/22 | 422,076 | 418,383 |
1 United States Treasury Note/Bond | 1.625% | 11/15/22 | 135,125 | 131,641 |
United States Treasury Note/Bond | 2.000% | 11/30/22 | 726,050 | 719,581 |
United States Treasury Note/Bond | 2.125% | 12/31/22 | 807,558 | 804,150 |
United States Treasury Note/Bond | 1.750% | 1/31/23 | 277,602 | 271,400 |
United States Treasury Note/Bond | 2.000% | 2/15/23 | 70,251 | 69,515 |
United States Treasury Note/Bond | 7.125% | 2/15/23 | 163,535 | 202,067 |
United States Treasury Note/Bond | 1.500% | 2/28/23 | 240,125 | 231,682 |
United States Treasury Note/Bond | 1.500% | 3/31/23 | 448,350 | 432,169 |
United States Treasury Note/Bond | 1.625% | 4/30/23 | 128,332 | 124,402 |
1 United States Treasury Note/Bond | 1.750% | 5/15/23 | 846,053 | 825,164 |
United States Treasury Note/Bond | 1.625% | 5/31/23 | 367,450 | 355,853 |
United States Treasury Note/Bond | 1.375% | 6/30/23 | 275,345 | 262,954 |
United States Treasury Note/Bond | 1.250% | 7/31/23 | 270,465 | 256,266 |
United States Treasury Note/Bond | 2.500% | 8/15/23 | 466,785 | 473,203 |
United States Treasury Note/Bond | 6.250% | 8/15/23 | 208,228 | 252,085 |
United States Treasury Note/Bond | 1.375% | 8/31/23 | 299,160 | 285,183 |
United States Treasury Note/Bond | 1.375% | 9/30/23 | 327,230 | 311,634 |
United States Treasury Note/Bond | 1.625% | 10/31/23 | 217,345 | 209,805 |
United States Treasury Note/Bond | 2.750% | 11/15/23 | 409,962 | 420,982 |
United States Treasury Note/Bond | 2.125% | 11/30/23 | 379,325 | 376,245 |
United States Treasury Note/Bond | 2.250% | 12/31/23 | 171,275 | 170,900 |
United States Treasury Note/Bond | 2.250% | 1/31/24 | 184,225 | 183,794 |
United States Treasury Note/Bond | 2.750% | 2/15/24 | 407,379 | 418,008 |
United States Treasury Note/Bond | 2.125% | 2/29/24 | 632,624 | 626,298 |
United States Treasury Note/Bond | 2.125% | 3/31/24 | 332,525 | 329,097 |
United States Treasury Note/Bond | 2.000% | 4/30/24 | 313,082 | 307,409 |
United States Treasury Note/Bond | 2.500% | 5/15/24 | 657,918 | 665,320 |
United States Treasury Note/Bond | 2.000% | 5/31/24 | 390,993 | 383,599 |
United States Treasury Note/Bond | 2.000% | 6/30/24 | 361,533 | 354,414 |
United States Treasury Note/Bond | 2.125% | 7/31/24 | 274,425 | 271,124 |
United States Treasury Note/Bond | 2.375% | 8/15/24 | 465,390 | 466,698 |
United States Treasury Note/Bond | 1.875% | 8/31/24 | 334,168 | 325,082 |
United States Treasury Note/Bond | 2.125% | 9/30/24 | 515,058 | 508,537 |
United States Treasury Note/Bond | 2.250% | 10/31/24 | 282,595 | 281,137 |
United States Treasury Note/Bond | 2.250% | 11/15/24 | 618,614 | 615,230 |
United States Treasury Note/Bond | 7.500% | 11/15/24 | 1,325 | 1,759 |
United States Treasury Note/Bond | 2.125% | 11/30/24 | 515,680 | 508,832 |
United States Treasury Note/Bond | 2.250% | 12/31/24 | 235,000 | 233,642 |
United States Treasury Note/Bond | 2.000% | 2/15/25 | 354,279 | 346,251 |
United States Treasury Note/Bond | 7.625% | 2/15/25 | 2,112 | 2,843 |
United States Treasury Note/Bond | 2.125% | 5/15/25 | 976,902 | 961,789 |
3
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
United States Treasury Note/Bond | 2.000% | 8/15/25 | 638,325 | 621,971 |
United States Treasury Note/Bond | 6.875% | 8/15/25 | 17,689 | 23,264 |
United States Treasury Note/Bond | 2.250% | 11/15/25 | 750,907 | 744,104 |
United States Treasury Note/Bond | 1.625% | 2/15/26 | 694,677 | 655,817 |
United States Treasury Note/Bond | 1.625% | 5/15/26 | 716,160 | 674,536 |
United States Treasury Note/Bond | 1.500% | 8/15/26 | 607,414 | 564,895 |
United States Treasury Note/Bond | 6.750% | 8/15/26 | 32,360 | 43,388 |
United States Treasury Note/Bond | 2.000% | 11/15/26 | 487,821 | 471,967 |
United States Treasury Note/Bond | 6.500% | 11/15/26 | 50,779 | 67,401 |
United States Treasury Note/Bond | 2.250% | 2/15/27 | 633,900 | 625,380 |
United States Treasury Note/Bond | 2.375% | 5/15/27 | 488,959 | 487,507 |
United States Treasury Note/Bond | 2.250% | 8/15/27 | 514,644 | 507,243 |
United States Treasury Note/Bond | 6.375% | 8/15/27 | 33,585 | 45,046 |
United States Treasury Note/Bond | 2.250% | 11/15/27 | 933,151 | 919,732 |
United States Treasury Note/Bond | 5.500% | 8/15/28 | 39,225 | 50,484 |
United States Treasury Note/Bond | 5.250% | 11/15/28 | 3,485 | 4,421 |
United States Treasury Note/Bond | 5.250% | 2/15/29 | 53,395 | 67,978 |
United States Treasury Note/Bond | 6.125% | 8/15/29 | 75,455 | 103,527 |
United States Treasury Note/Bond | 6.250% | 5/15/30 | 101,178 | 142,186 |
United States Treasury Note/Bond | 5.375% | 2/15/31 | 263,915 | 350,511 |
United States Treasury Note/Bond | 4.500% | 2/15/36 | 243,906 | 314,029 |
United States Treasury Note/Bond | 4.750% | 2/15/37 | 49,775 | 66,294 |
United States Treasury Note/Bond | 5.000% | 5/15/37 | 38,000 | 52,101 |
United States Treasury Note/Bond | 4.375% | 2/15/38 | 88,118 | 112,598 |
United States Treasury Note/Bond | 4.500% | 5/15/38 | 59,113 | 76,819 |
United States Treasury Note/Bond | 3.500% | 2/15/39 | 259,906 | 296,576 |
United States Treasury Note/Bond | 4.250% | 5/15/39 | 109,385 | 138,201 |
United States Treasury Note/Bond | 4.500% | 8/15/39 | 85,222 | 111,281 |
United States Treasury Note/Bond | 4.375% | 11/15/39 | 184,026 | 236,703 |
United States Treasury Note/Bond | 4.625% | 2/15/40 | 228,187 | 303,274 |
United States Treasury Note/Bond | 4.375% | 5/15/40 | 216,060 | 278,380 |
United States Treasury Note/Bond | 3.875% | 8/15/40 | 162,672 | 195,919 |
United States Treasury Note/Bond | 4.250% | 11/15/40 | 329,132 | 417,688 |
1 United States Treasury Note/Bond | 4.750% | 2/15/41 | 208,930 | 283,460 |
United States Treasury Note/Bond | 4.375% | 5/15/41 | 183,108 | 236,810 |
United States Treasury Note/Bond | 3.750% | 8/15/41 | 143,510 | 169,970 |
United States Treasury Note/Bond | 3.125% | 11/15/41 | 122,460 | 131,569 |
United States Treasury Note/Bond | 3.125% | 2/15/42 | 129,027 | 138,624 |
United States Treasury Note/Bond | 3.000% | 5/15/42 | 158,799 | 167,061 |
United States Treasury Note/Bond | 2.750% | 8/15/42 | 588,040 | 591,621 |
United States Treasury Note/Bond | 2.750% | 11/15/42 | 607,599 | 610,923 |
1 United States Treasury Note/Bond | 3.125% | 2/15/43 | 208,938 | 224,445 |
United States Treasury Note/Bond | 2.875% | 5/15/43 | 430,940 | 442,657 |
1 United States Treasury Note/Bond | 3.625% | 8/15/43 | 281,900 | 328,986 |
United States Treasury Note/Bond | 3.750% | 11/15/43 | 268,181 | 319,261 |
United States Treasury Note/Bond | 3.625% | 2/15/44 | 412,962 | 482,583 |
United States Treasury Note/Bond | 3.375% | 5/15/44 | 269,981 | 302,632 |
United States Treasury Note/Bond | 3.125% | 8/15/44 | 320,450 | 343,983 |
United States Treasury Note/Bond | 3.000% | 11/15/44 | 356,027 | 373,885 |
1 United States Treasury Note/Bond | 2.500% | 2/15/45 | 420,489 | 400,844 |
United States Treasury Note/Bond | 3.000% | 5/15/45 | 559,279 | 587,332 |
1 United States Treasury Note/Bond | 2.875% | 8/15/45 | 391,828 | 401,561 |
United States Treasury Note/Bond | 3.000% | 11/15/45 | 176,185 | 185,049 |
United States Treasury Note/Bond | 2.500% | 2/15/46 | 429,975 | 409,147 |
United States Treasury Note/Bond | 2.500% | 5/15/46 | 779,992 | 741,843 |
United States Treasury Note/Bond | 2.250% | 8/15/46 | 379,311 | 342,032 |
United States Treasury Note/Bond | 2.875% | 11/15/46 | 660,620 | 677,545 |
United States Treasury Note/Bond | 3.000% | 2/15/47 | 107,835 | 113,362 |
United States Treasury Note/Bond | 3.000% | 5/15/47 | 161,429 | 169,702 |
United States Treasury Note/Bond | 2.750% | 8/15/47 | 567,283 | 567,816 |
United States Treasury Note/Bond | 2.750% | 11/15/47 | 488,525 | 489,136 |
79,042,055 | ||||
Agency Bonds and Notes (1.9%) | ||||
2 AID-Iraq | 2.149% | 1/18/22 | 10,900 | 10,864 |
4
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
2 AID-Israel | 5.500% | 9/18/23 | 542 | 630 |
2 AID-Israel | 5.500% | 12/4/23 | 4,768 | 5,568 |
2 AID-Israel | 5.500% | 4/26/24 | 20,405 | 23,985 |
2 AID-Jordan | 1.945% | 6/23/19 | 7,750 | 7,738 |
2 AID-Jordan | 2.503% | 10/30/20 | 10,100 | 10,167 |
2 AID-Jordan | 2.578% | 6/30/22 | 3,400 | 3,416 |
2 AID-Jordan | 3.000% | 6/30/25 | 5,200 | 5,336 |
2 AID-Tunisia | 2.452% | 7/24/21 | 3,275 | 3,290 |
2 AID-Tunisia | 1.416% | 8/5/21 | 3,860 | 3,725 |
2 AID-Ukraine | 1.844% | 5/16/19 | 4,650 | 4,629 |
2 AID-Ukraine | 1.847% | 5/29/20 | 11,500 | 11,403 |
2 AID-Ukraine | 1.471% | 9/29/21 | 10,100 | 9,795 |
3 Federal Farm Credit Banks | 5.150% | 11/15/19 | 15,675 | 16,593 |
3 Federal Farm Credit Banks | 1.680% | 10/13/20 | 11,125 | 11,017 |
3 Federal Farm Credit Banks | 3.500% | 12/20/23 | 5,000 | 5,310 |
3 Federal Home Loan Banks | 1.250% | 1/16/19 | 74,700 | 74,269 |
3 Federal Home Loan Banks | 1.375% | 3/18/19 | 30,000 | 29,829 |
3 Federal Home Loan Banks | 1.375% | 5/28/19 | 19,800 | 19,661 |
3 Federal Home Loan Banks | 1.125% | 6/21/19 | 77,000 | 76,158 |
3 Federal Home Loan Banks | 0.875% | 8/5/19 | 53,850 | 52,978 |
3 Federal Home Loan Banks | 1.000% | 9/26/19 | 61,000 | 60,044 |
3 Federal Home Loan Banks | 1.500% | 10/21/19 | 82,565 | 81,933 |
3 Federal Home Loan Banks | 1.375% | 11/15/19 | 47,300 | 46,809 |
3 Federal Home Loan Banks | 1.875% | 3/13/20 | 795 | 793 |
3 Federal Home Loan Banks | 4.125% | 3/13/20 | 8,100 | 8,473 |
3 Federal Home Loan Banks | 3.375% | 6/12/20 | 25,725 | 26,565 |
3 Federal Home Loan Banks | 1.375% | 9/28/20 | 26,600 | 26,139 |
3 Federal Home Loan Banks | 5.250% | 12/11/20 | 6,850 | 7,471 |
3 Federal Home Loan Banks | 1.375% | 2/18/21 | 24,475 | 23,963 |
3 Federal Home Loan Banks | 2.250% | 6/11/21 | 30,750 | 30,893 |
3 Federal Home Loan Banks | 5.625% | 6/11/21 | 19,450 | 21,709 |
3 Federal Home Loan Banks | 1.125% | 7/14/21 | 54,350 | 52,502 |
3 Federal Home Loan Banks | 1.875% | 11/29/21 | 73,000 | 72,227 |
3 Federal Home Loan Banks | 2.125% | 3/10/23 | 26,920 | 26,677 |
3 Federal Home Loan Banks | 2.875% | 6/14/24 | 40,400 | 41,467 |
3 Federal Home Loan Banks | 5.375% | 8/15/24 | 24,600 | 28,988 |
3 Federal Home Loan Banks | 2.875% | 9/13/24 | 14,985 | 15,367 |
3 Federal Home Loan Banks | 5.500% | 7/15/36 | 19,780 | 27,101 |
4 Federal Home Loan Mortgage Corp. | 3.750% | 3/27/19 | 60,938 | 62,343 |
4 Federal Home Loan Mortgage Corp. | 1.125% | 4/15/19 | 60,000 | 59,440 |
4 Federal Home Loan Mortgage Corp. | 1.750% | 5/30/19 | 62,007 | 61,892 |
4 Federal Home Loan Mortgage Corp. | 0.875% | 7/19/19 | 52,884 | 52,059 |
4 Federal Home Loan Mortgage Corp. | 1.250% | 8/1/19 | 21,826 | 21,602 |
4 Federal Home Loan Mortgage Corp. | 1.375% | 8/15/19 | 31,000 | 30,735 |
4 Federal Home Loan Mortgage Corp. | 1.250% | 10/2/19 | 103,270 | 102,061 |
4 Federal Home Loan Mortgage Corp. | 0.000% | 11/29/19 | 150 | 144 |
4 Federal Home Loan Mortgage Corp. | 1.500% | 1/17/20 | 91,400 | 90,557 |
4 Federal Home Loan Mortgage Corp. | 1.375% | 4/20/20 | 22,187 | 21,885 |
4 Federal Home Loan Mortgage Corp. | 1.375% | 5/1/20 | 43,383 | 42,769 |
4 Federal Home Loan Mortgage Corp. | 1.625% | 9/29/20 | 14,000 | 13,850 |
4 Federal Home Loan Mortgage Corp. | 1.875% | 11/17/20 | 48,739 | 48,503 |
4 Federal Home Loan Mortgage Corp. | 1.125% | 8/12/21 | 25,000 | 24,124 |
4 Federal Home Loan Mortgage Corp. | 2.375% | 1/13/22 | 194,689 | 195,960 |
4 Federal Home Loan Mortgage Corp. | 6.750% | 9/15/29 | 3,606 | 5,013 |
4 Federal Home Loan Mortgage Corp. | 6.750% | 3/15/31 | 90,204 | 128,750 |
4 Federal Home Loan Mortgage Corp. | 6.250% | 7/15/32 | 8,604 | 12,047 |
4 Federal National Mortgage Assn. | 1.125% | 12/14/18 | 65,222 | 64,799 |
4 Federal National Mortgage Assn. | 1.375% | 1/28/19 | 75,000 | 74,653 |
4 Federal National Mortgage Assn. | 1.875% | 2/19/19 | 53,110 | 53,134 |
4 Federal National Mortgage Assn. | 1.000% | 2/26/19 | 32,450 | 32,144 |
4 Federal National Mortgage Assn. | 1.750% | 6/20/19 | 48,425 | 48,332 |
4 Federal National Mortgage Assn. | 0.875% | 8/2/19 | 116,360 | 114,484 |
4 Federal National Mortgage Assn. | 1.000% | 8/28/19 | 95,000 | 93,593 |
4 Federal National Mortgage Assn. | 1.750% | 9/12/19 | 67,575 | 67,380 |
5
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4 | Federal National Mortgage Assn. | 0.000% | 10/9/19 | 35,640 | 34,363 |
4 | Federal National Mortgage Assn. | 1.000% | 10/24/19 | 52,500 | 51,632 |
4 | Federal National Mortgage Assn. | 1.750% | 11/26/19 | 61,950 | 61,728 |
4 | Federal National Mortgage Assn. | 1.625% | 1/21/20 | 30,800 | 30,591 |
4 | Federal National Mortgage Assn. | 1.500% | 2/28/20 | 18,975 | 18,786 |
4 | Federal National Mortgage Assn. | 1.500% | 6/22/20 | 52,600 | 51,970 |
4 | Federal National Mortgage Assn. | 1.500% | 7/30/20 | 23,000 | 22,707 |
4 | Federal National Mortgage Assn. | 1.500% | 11/30/20 | 28,711 | 28,268 |
4 | Federal National Mortgage Assn. | 1.875% | 12/28/20 | 40,000 | 39,788 |
4 | Federal National Mortgage Assn. | 1.375% | 2/26/21 | 32,145 | 31,468 |
4 | Federal National Mortgage Assn. | 1.250% | 8/17/21 | 30,300 | 29,365 |
4 | Federal National Mortgage Assn. | 1.375% | 10/7/21 | 60,000 | 58,329 |
4 | Federal National Mortgage Assn. | 2.000% | 1/5/22 | 103,000 | 102,196 |
4 | Federal National Mortgage Assn. | 1.875% | 4/5/22 | 22,275 | 21,969 |
4 | Federal National Mortgage Assn. | 2.000% | 10/5/22 | 18,525 | 18,296 |
4 | Federal National Mortgage Assn. | 2.625% | 9/6/24 | 113,190 | 114,611 |
4 | Federal National Mortgage Assn. | 2.125% | 4/24/26 | 34,025 | 32,961 |
4 | Federal National Mortgage Assn. | 1.875% | 9/24/26 | 43,000 | 40,565 |
4 | Federal National Mortgage Assn. | 6.250% | 5/15/29 | 4,745 | 6,327 |
4 | Federal National Mortgage Assn. | 7.125% | 1/15/30 | 26,389 | 37,900 |
4 | Federal National Mortgage Assn. | 7.250% | 5/15/30 | 47,677 | 69,511 |
4 | Federal National Mortgage Assn. | 6.625% | 11/15/30 | 24,700 | 34,736 |
4 | Federal National Mortgage Assn. | 5.625% | 7/15/37 | 7,765 | 10,841 |
3 | Financing Corp. | 9.700% | 4/5/19 | 1,575 | 1,726 |
Private Export Funding Corp. | 4.375% | 3/15/19 | 8,760 | 9,008 | |
Private Export Funding Corp. | 1.450% | 8/15/19 | 13,800 | 13,673 | |
Private Export Funding Corp. | 2.250% | 3/15/20 | 8,000 | 8,031 | |
Private Export Funding Corp. | 2.300% | 9/15/20 | 2,475 | 2,484 | |
Private Export Funding Corp. | 4.300% | 12/15/21 | 10,975 | 11,801 | |
Private Export Funding Corp. | 2.800% | 5/15/22 | 2,625 | 2,673 | |
Private Export Funding Corp. | 2.050% | 11/15/22 | 8,335 | 8,207 | |
Private Export Funding Corp. | 3.550% | 1/15/24 | 4,200 | 4,458 | |
Private Export Funding Corp. | 2.450% | 7/15/24 | 8,300 | 8,260 | |
Private Export Funding Corp. | 3.250% | 6/15/25 | 2,475 | 2,578 | |
Resolution Funding Corp. | 8.125% | 10/15/19 | 450 | 498 | |
Resolution Funding Corp. | 8.875% | 7/15/20 | 180 | 210 | |
Resolution Funding Corp. | 8.625% | 1/15/30 | 110 | 173 | |
3 | Tennessee Valley Authority | 3.875% | 2/15/21 | 10,915 | 11,487 |
3 | Tennessee Valley Authority | 1.875% | 8/15/22 | 7,300 | 7,176 |
3 | Tennessee Valley Authority | 2.875% | 9/15/24 | 9,637 | 9,852 |
3 | Tennessee Valley Authority | 6.750% | 11/1/25 | 17,306 | 22,301 |
3 | Tennessee Valley Authority | 2.875% | 2/1/27 | 29,750 | 30,276 |
3 | Tennessee Valley Authority | 7.125% | 5/1/30 | 27,165 | 39,010 |
3 | Tennessee Valley Authority | 4.650% | 6/15/35 | 15,169 | 18,426 |
3 | Tennessee Valley Authority | 5.880% | 4/1/36 | 10,200 | 14,245 |
3 | Tennessee Valley Authority | 6.150% | 1/15/38 | 920 | 1,348 |
3 | Tennessee Valley Authority | 5.500% | 6/15/38 | 2,550 | 3,484 |
3 | Tennessee Valley Authority | 5.250% | 9/15/39 | 17,590 | 23,619 |
3 | Tennessee Valley Authority | 4.875% | 1/15/48 | 6,951 | 9,021 |
3 | Tennessee Valley Authority | 5.375% | 4/1/56 | 6,250 | 8,805 |
3 | Tennessee Valley Authority | 4.625% | 9/15/60 | 7,468 | 9,394 |
3 | Tennessee Valley Authority | 4.250% | 9/15/65 | 14,725 | 17,340 |
3,756,207 | |||||
Conventional Mortgage-Backed Securities (21.3%) | |||||
4,5 | Fannie Mae Pool | 2.000% | 11/1/27–11/1/31 | 132,110 | 129,483 |
4,5,6 | Fannie Mae Pool | 2.500% | 11/1/26–10/1/46 | 1,326,489 | 1,327,628 |
4,5,6 | Fannie Mae Pool | 3.000% | 9/1/20–1/1/48 | 4,409,899 | 4,446,910 |
4,5,6 | Fannie Mae Pool | 3.500% | 10/1/18–2/1/48 | 5,029,776 | 5,183,386 |
4,5,6 | Fannie Mae Pool | 4.000% | 6/1/18–1/1/48 | 3,336,969 | 3,500,813 |
4,5,6 | Fannie Mae Pool | 4.500% | 1/1/18–1/1/48 | 1,302,731 | 1,391,777 |
4,5 | Fannie Mae Pool | 5.000% | 1/1/18–6/1/44 | 502,101 | 540,875 |
4,5 | Fannie Mae Pool | 5.500% | 1/1/18–2/1/42 | 445,511 | 488,419 |
4,5 | Fannie Mae Pool | 6.000% | 1/1/18–5/1/41 | 292,802 | 327,977 |
4,5 | Fannie Mae Pool | 6.500% | 3/1/18–10/1/39 | 74,403 | 82,496 |
6
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | Fannie Mae Pool | 7.000% | 11/1/18–11/1/38 | 23,122 | 26,240 |
4,5 | Fannie Mae Pool | 7.500% | 11/1/22–12/1/32 | 1,995 | 2,216 |
4,5 | Fannie Mae Pool | 8.000% | 11/1/21–9/1/31 | 737 | 812 |
4,5 | Fannie Mae Pool | 8.500% | 8/1/19–5/1/32 | 318 | 366 |
4,5 | Fannie Mae Pool | 9.000% | 1/1/19–8/1/30 | 66 | 70 |
4,5 | Fannie Mae Pool | 9.500% | 12/1/18–11/1/25 | 104 | 119 |
4,5 | Freddie Mac Gold Pool | 2.000% | 1/1/28–12/1/31 | 63,116 | 61,871 |
4,5 | Freddie Mac Gold Pool | 2.500% | 6/1/22–10/1/46 | 945,777 | 946,923 |
4,5,6 | Freddie Mac Gold Pool | 3.000% | 3/1/21–2/1/48 | 3,123,907 | 3,146,517 |
4,5,6 | Freddie Mac Gold Pool | 3.500% | 9/1/20–1/1/48 | 3,296,218 | 3,395,167 |
4,5,6 | Freddie Mac Gold Pool | 4.000% | 3/1/18–1/1/48 | 1,998,604 | 2,095,185 |
4,5,6 | Freddie Mac Gold Pool | 4.500% | 1/1/18–1/1/48 | 750,454 | 800,155 |
4,5 | Freddie Mac Gold Pool | 5.000% | 1/1/18–8/1/44 | 297,685 | 320,379 |
4,5 | Freddie Mac Gold Pool | 5.500% | 1/1/18–6/1/41 | 240,370 | 262,902 |
4,5 | Freddie Mac Gold Pool | 6.000% | 11/1/18–5/1/40 | 129,337 | 144,485 |
4,5 | Freddie Mac Gold Pool | 6.500% | 2/1/19–9/1/39 | 39,126 | 43,459 |
4,5 | Freddie Mac Gold Pool | 7.000% | 10/1/20–12/1/38 | 14,440 | 16,563 |
4,5 | Freddie Mac Gold Pool | 7.500% | 9/1/22–2/1/32 | 1,161 | 1,307 |
4,5 | Freddie Mac Gold Pool | 8.000% | 7/1/20–1/1/32 | 1,295 | 1,452 |
4,5 | Freddie Mac Gold Pool | 8.500% | 3/1/21–7/1/31 | 257 | 290 |
4,5 | Freddie Mac Gold Pool | 9.000% | 11/1/20–3/1/31 | 200 | 218 |
4,5 | Freddie Mac Gold Pool | 9.500% | 4/1/20–6/1/25 | 8 | 9 |
4,5 | Freddie Mac Gold Pool | 10.000% | 3/1/21–4/1/25 | 2 | 2 |
4,5 | Freddie Mac Non Gold Pool | 9.500% | 3/1/20 | 1 | 1 |
5 | Ginnie Mae I Pool | 3.000% | 1/15/26–3/15/45 | 193,423 | 196,034 |
5 | Ginnie Mae I Pool | 3.500% | 11/15/25–1/1/48 | 218,684 | 227,159 |
5 | Ginnie Mae I Pool | 4.000% | 8/15/18–1/1/48 | 293,598 | 307,788 |
5,6 | Ginnie Mae I Pool | 4.500% | 5/15/18–1/1/48 | 302,133 | 320,051 |
5 | Ginnie Mae I Pool | 4.750% | 8/15/33 | 12 | 13 |
5 | Ginnie Mae I Pool | 5.000% | 2/15/18–4/15/41 | 166,679 | 180,468 |
5 | Ginnie Mae I Pool | 5.500% | 2/15/18–2/15/41 | 91,128 | 100,598 |
5 | Ginnie Mae I Pool | 6.000% | 11/15/22–6/15/41 | 70,010 | 78,559 |
5 | Ginnie Mae I Pool | 6.500% | 9/15/23–1/15/39 | 17,354 | 19,124 |
5 | Ginnie Mae I Pool | 7.000% | 9/15/22–9/15/36 | 4,669 | 5,208 |
5 | Ginnie Mae I Pool | 7.500% | 9/15/22–6/15/32 | 2,078 | 2,252 |
5 | Ginnie Mae I Pool | 7.750% | 2/15/30 | 2 | 2 |
5 | Ginnie Mae I Pool | 8.000% | 1/15/22–12/15/30 | 1,399 | 1,531 |
5 | Ginnie Mae I Pool | 8.250% | 6/15/27 | 1 | 1 |
5 | Ginnie Mae I Pool | 8.500% | 2/15/20–3/15/31 | 300 | 317 |
5 | Ginnie Mae I Pool | 9.000% | 10/15/19–1/15/31 | 272 | 289 |
5 | Ginnie Mae I Pool | 9.500% | 8/15/18–9/15/25 | 58 | 61 |
5 | Ginnie Mae I Pool | 10.000% | 1/15/19–2/15/25 | 7 | 7 |
5 | Ginnie Mae I Pool | 10.500% | 6/15/20–2/15/25 | 5 | 5 |
5 | Ginnie Mae II Pool | 2.500% | 6/20/27–11/20/46 | 119,428 | 117,970 |
5,6 | Ginnie Mae II Pool | 3.000% | 10/20/26–1/1/48 | 3,090,063 | 3,125,159 |
5,6 | Ginnie Mae II Pool | 3.500% | 9/20/25–1/1/48 | 4,579,177 | 4,748,007 |
5,6 | Ginnie Mae II Pool | 4.000% | 9/20/25–1/1/48 | 2,135,381 | 2,233,202 |
5,6 | Ginnie Mae II Pool | 4.500% | 4/20/18–1/1/48 | 800,105 | 848,560 |
5 | Ginnie Mae II Pool | 5.000% | 12/20/32–11/20/44 | 310,807 | 336,257 |
5 | Ginnie Mae II Pool | 5.500% | 8/20/23–5/20/45 | 120,519 | 131,261 |
5 | Ginnie Mae II Pool | 6.000% | 7/20/23–12/20/41 | 37,328 | 41,492 |
5 | Ginnie Mae II Pool | 6.500% | 12/20/23–9/20/40 | 14,962 | 16,826 |
5 | Ginnie Mae II Pool | 7.000% | 3/20/28–11/20/38 | 2,790 | 3,298 |
5 | Ginnie Mae II Pool | 7.500% | 8/20/30 | 4 | 4 |
5 | Ginnie Mae II Pool | 8.500% | 10/20/30 | 8 | 10 |
41,727,985 | |||||
Nonconventional Mortgage-Backed Securities (0.1%) | |||||
4,5 | Fannie Mae Pool | 2.124% | 3/1/43 | 6,850 | 6,830 |
4,5 | Fannie Mae Pool | 2.178% | 6/1/43 | 5,509 | 5,512 |
4,5 | Fannie Mae Pool | 2.196% | 10/1/42 | 3,652 | 3,717 |
4,5 | Fannie Mae Pool | 2.268% | 7/1/43 | 8,202 | 8,105 |
4,5 | Fannie Mae Pool | 2.393% | 10/1/42 | 3,426 | 3,428 |
4,5 | Fannie Mae Pool | 2.439% | 9/1/43 | 856 | 856 |
7
Vanguard® Total Bond Market Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5,7 | Fannie Mae Pool | 2.576% | 4/1/37 | 1,271 | 1,317 |
4,5 | Fannie Mae Pool | 2.713% | 12/1/43 | 3,705 | 3,848 |
4,5 | Fannie Mae Pool | 2.719% | 1/1/42 | 2,737 | 2,760 |
4,5 | Fannie Mae Pool | 2.722% | 3/1/42 | 3,670 | 3,820 |
4,5,7 | Fannie Mae Pool | 2.851% | 7/1/34 | 202 | 214 |
4,5,7 | Fannie Mae Pool | 2.886% | 9/1/43 | 5,342 | 5,631 |
4,5,8 | Fannie Mae Pool | 2.943% | 1/1/35 | 125 | 127 |
4,5,9 | Fannie Mae Pool | 2.985% | 6/1/37 | 421 | 441 |
4,5,8 | Fannie Mae Pool | 3.031% | 12/1/41 | 1,883 | 1,934 |
4,5,9 | Fannie Mae Pool | 3.057% | 5/1/33 | 10 | 10 |
4,5,8 | Fannie Mae Pool | 3.060% | 9/1/37 | 1,690 | 1,802 |
4,5,8 | Fannie Mae Pool | 3.067% | 10/1/37 | 835 | 855 |
4,5,9 | Fannie Mae Pool | 3.074% | 5/1/36 | 64 | 68 |
4,5,8 | Fannie Mae Pool | 3.081% | 2/1/41 | 1,114 | 1,172 |
4,5,8 | Fannie Mae Pool | 3.084% | 2/1/41 | 1,122 | 1,177 |
4,5,8 | Fannie Mae Pool | 3.085% | 2/1/37 | 3 | 3 |
4,5,9 | Fannie Mae Pool | 3.088% | 1/1/35 | 893 | 953 |
4,5,9 | Fannie Mae Pool | 3.107% | 12/1/36 | 13 | 13 |
4,5,7 | Fannie Mae Pool | 3.215% | 8/1/37 | 1,135 | 1,191 |
4,5,8 | Fannie Mae Pool | 3.243% | 1/1/35 | 1 | 1 |
4,5,9 | Fannie Mae Pool | 3.270% | 12/1/35 | 6 | 6 |
4,5,8 | Fannie Mae Pool | 3.285% | 2/1/36 | 952 | 968 |
4,5,8 | Fannie Mae Pool | 3.288% | 7/1/36 | 414 | 427 |
4,5,8 | Fannie Mae Pool | 3.304% | 10/1/34 | 10 | 11 |
4,5,8 | Fannie Mae Pool | 3.310% | 12/1/33 | 498 | 527 |
4,5,8 | Fannie Mae Pool | 3.325% | 11/1/33 | 320 | 339 |
4,5 | Fannie Mae Pool | 3.344% | 8/1/42 | 3,716 | 3,732 |
4,5,8 | Fannie Mae Pool | 3.354% | 12/1/40 | 1,115 | 1,171 |
4,5,8 | Fannie Mae Pool | 3.362% | 8/1/35 | 1,051 | 1,114 |
4,5,9 | Fannie Mae Pool | 3.363% | 7/1/38 | 235 | 247 |
4,5,8 | Fannie Mae Pool | 3.364% | 12/1/40 | 709 | 742 |
4,5,9 | Fannie Mae Pool | 3.371% | 12/1/35 | 803 | 846 |
4,5,8 | Fannie Mae Pool | 3.384% | 4/1/36 | 152 | 157 |
4,5,8 | Fannie Mae Pool | 3.385% | 11/1/36 | 401 | 423 |
4,5,8 | Fannie Mae Pool | 3.408% | 9/1/34–2/1/36 | 894 | 944 |
4,5,8 | Fannie Mae Pool | 3.410% | 9/1/40 | 1,187 | 1,253 |
4,5,8 | Fannie Mae Pool | 3.411% | 1/1/37 | 690 | 736 |
4,5,8 | Fannie Mae Pool | 3.415% | 7/1/35–6/1/36 | 824 | 864 |
4,5,8 | Fannie Mae Pool | 3.422% | 10/1/37 | 1,160 | 1,192 |
4,5,8 | Fannie Mae Pool | 3.432% | 4/1/37 | 133 | 140 |
4,5,8 | Fannie Mae Pool | 3.435% | 12/1/40 | 1,363 | 1,425 |
4,5,8 | Fannie Mae Pool | 3.440% | 10/1/39–9/1/42 | 3,987 | 4,147 |
4,5,8 | Fannie Mae Pool | 3.445% | 7/1/39 | 271 | 281 |
4,5,8 | Fannie Mae Pool | 3.448% | 8/1/40–6/1/42 | 4,289 | 4,468 |
4,5,7 | Fannie Mae Pool | 3.453% | 5/1/42 | 3,808 | 3,970 |
4,5,8 | Fannie Mae Pool | 3.455% | 11/1/39 | 464 | 491 |
4,5,8 | Fannie Mae Pool | 3.473% | 1/1/40 | 1,061 | 1,100 |
4,5,8 | Fannie Mae Pool | 3.474% | 1/1/42 | 1,843 | 1,932 |
4,5,8 | Fannie Mae Pool | 3.475% | 5/1/40 | 828 | 881 |
4,5,8 | Fannie Mae Pool | 3.476% | 2/1/41 | 836 | 839 |
4,5,8 | Fannie Mae Pool | 3.481% | 5/1/35–5/1/42 | 1,645 | 1,719 |
4,5,8 | Fannie Mae Pool | 3.487% | 4/1/36 | 409 | 429 |
4,5,8 | Fannie Mae Pool | 3.500% | 10/1/40 | 1,621 | 1,704 |
4,5,7 | Fannie Mae Pool | 3.516% | 7/1/42 | 1,321 | 1,420 |
4,5,9 | Fannie Mae Pool | 3.518% | 9/1/33 | 4 | 4 |
4,5,8 | Fannie Mae Pool | 3.520% | 4/1/37 | 198 | 212 |
4,5,9 | Fannie Mae Pool | 3.525% | 11/1/32 | 12 | 13 |
4,5,8 | Fannie Mae Pool | 3.529% | 3/1/41 | 2,088 | 2,191 |
4,5,7 | Fannie Mae Pool | 3.535% | 7/1/37 | 382 | 406 |
4,5,7 | Fannie Mae Pool | 3.545% | 8/1/39 | 1,975 | 2,024 |
4,5,8 | Fannie Mae Pool | 3.555% | 11/1/41 | 2,081 | 2,215 |
4,5,8 | Fannie Mae Pool | 3.556% | 3/1/42 | 769 | 823 |
4,5,8 | Fannie Mae Pool | 3.560% | 9/1/33–10/1/40 | 3,792 | 3,997 |
4,5,8 | Fannie Mae Pool | 3.563% | 11/1/41–12/1/41 | 3,445 | 3,636 |
8
Vanguard® Total Bond Market Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5,8,9 Fannie Mae Pool | 3.565% | 11/1/36–12/1/40 | 1,818 | 1,912 | |
4,5,8 | Fannie Mae Pool | 3.567% | 12/1/39 | 1,367 | 1,421 |
4,5,8 | Fannie Mae Pool | 3.572% | 9/1/40 | 2,662 | 2,806 |
4,5,8 | Fannie Mae Pool | 3.575% | 3/1/41 | 1,694 | 1,803 |
4,5,8 | Fannie Mae Pool | 3.576% | 7/1/38 | 346 | 357 |
4,5,8 | Fannie Mae Pool | 3.585% | 11/1/35 | — | — |
4,5,8 | Fannie Mae Pool | 3.590% | 8/1/39 | 679 | 715 |
4,5,8 | Fannie Mae Pool | 3.604% | 11/1/34–11/1/39 | 1,404 | 1,478 |
4,5 | Fannie Mae Pool | 3.615% | 4/1/41 | 1,822 | 1,848 |
4,5,8 | Fannie Mae Pool | 3.632% | 5/1/40 | 379 | 395 |
4,5,8 | Fannie Mae Pool | 3.635% | 5/1/41 | 1,435 | 1,509 |
4,5 | Fannie Mae Pool | 3.637% | 7/1/41 | 4,445 | 4,691 |
4,5,8 | Fannie Mae Pool | 3.638% | 10/1/37 | 63 | 67 |
4,5,8 | Fannie Mae Pool | 3.649% | 4/1/37 | 94 | 100 |
4,5,7 | Fannie Mae Pool | 3.651% | 2/1/42 | 2,341 | 2,498 |
4,5,8 | Fannie Mae Pool | 3.655% | 1/1/37 | 57 | 60 |
4,5 | Fannie Mae Pool | 3.703% | 6/1/41 | 475 | 500 |
4,5 | Fannie Mae Pool | 3.768% | 6/1/41 | 2,052 | 2,165 |
4,5,8 | Fannie Mae Pool | 3.787% | 5/1/36 | 86 | 87 |
4,5,8 | Fannie Mae Pool | 3.864% | 10/1/36 | 516 | 556 |
4,5,8 | Fannie Mae Pool | 5.188% | 3/1/38 | 224 | 229 |
4,5,9 | Fannie Mae Pool | 5.860% | 12/1/37 | 1,002 | 1,032 |
4,5 | Freddie Mac Non Gold Pool | 2.386% | 5/1/42 | 685 | 684 |
4,5 | Freddie Mac Non Gold Pool | 2.538% | 11/1/43 | 1,449 | 1,452 |
4,5 | Freddie Mac Non Gold Pool | 2.717% | 2/1/42 | 1,728 | 1,738 |
4,5,8 | Freddie Mac Non Gold Pool | 2.735% | 10/1/37 | 57 | 58 |
4,5 | Freddie Mac Non Gold Pool | 2.804% | 1/1/41 | 2,302 | 2,403 |
4,5,7 | Freddie Mac Non Gold Pool | 2.855% | 5/1/37–6/1/37 | 574 | 588 |
4,5,9 | Freddie Mac Non Gold Pool | 3.023% | 6/1/36 | 9 | 9 |
4,5,7 | Freddie Mac Non Gold Pool | 3.039% | 3/1/37 | 239 | 251 |
4,5,8 | Freddie Mac Non Gold Pool | 3.081% | 7/1/35 | 389 | 408 |
4,5,7 | Freddie Mac Non Gold Pool | 3.090% | 1/1/37 | 924 | 972 |
4,5,8 | Freddie Mac Non Gold Pool | 3.103% | 8/1/37 | 55 | 55 |
4,5,9 | Freddie Mac Non Gold Pool | 3.109% | 2/1/36 | 409 | 427 |
4,5,9 | Freddie Mac Non Gold Pool | 3.125% | 6/1/35 | 4 | 4 |
4,5,9 | Freddie Mac Non Gold Pool | 3.168% | 10/1/36 | 620 | 670 |
4,5 | Freddie Mac Non Gold Pool | 3.189% | 1/1/41 | 428 | 450 |
4,5,9 | Freddie Mac Non Gold Pool | 3.212% | 5/1/36 | 750 | 786 |
4,5,9 | Freddie Mac Non Gold Pool | 3.231% | 6/1/34 | 3 | 3 |
4,5,8 | Freddie Mac Non Gold Pool | 3.250% | 1/1/38 | 418 | 442 |
4,5,8 | Freddie Mac Non Gold Pool | 3.269% | 4/1/37 | 10 | 11 |
4,5,8 | Freddie Mac Non Gold Pool | 3.296% | 3/1/37 | 54 | 57 |
4,5,8 | Freddie Mac Non Gold Pool | 3.352% | 1/1/35 | 129 | 139 |
4,5,8 | Freddie Mac Non Gold Pool | 3.357% | 3/1/37 | 166 | 169 |
4,5,8 | Freddie Mac Non Gold Pool | 3.364% | 2/1/37 | 312 | 331 |
4,5,9 | Freddie Mac Non Gold Pool | 3.375% | 8/1/34 | 2 | 2 |
4,5,8 | Freddie Mac Non Gold Pool | 3.376% | 12/1/40 | 1,738 | 1,801 |
4,5,8 | Freddie Mac Non Gold Pool | 3.377% | 12/1/36 | 476 | 504 |
4,5 | Freddie Mac Non Gold Pool | 3.388% | 3/1/42 | 1,856 | 1,951 |
4,5,9 | Freddie Mac Non Gold Pool | 3.395% | 11/1/36 | 330 | 340 |
4,5,8 | Freddie Mac Non Gold Pool | 3.410% | 10/1/37 | 838 | 870 |
4,5,9 | Freddie Mac Non Gold Pool | 3.423% | 3/1/37 | 97 | 97 |
4,5,8 | Freddie Mac Non Gold Pool | 3.474% | 9/1/37 | 963 | 986 |
4,5,8 | Freddie Mac Non Gold Pool | 3.492% | 12/1/36 | 738 | 760 |
4,5,9 | Freddie Mac Non Gold Pool | 3.494% | 11/1/34 | 1,017 | 1,061 |
4,5,8 | Freddie Mac Non Gold Pool | 3.496% | 12/1/34 | 325 | 329 |
4,5,8 | Freddie Mac Non Gold Pool | 3.500% | 4/1/33–5/1/38 | 110 | 115 |
4,5,8 | Freddie Mac Non Gold Pool | 3.503% | 5/1/33 | 22 | 22 |
4,5,8 | Freddie Mac Non Gold Pool | 3.505% | 12/1/40 | 466 | 482 |
4,5,8 | Freddie Mac Non Gold Pool | 3.506% | 2/1/42 | 620 | 648 |
4,5,8 | Freddie Mac Non Gold Pool | 3.508% | 12/1/34 | 11 | 12 |
4,5,8 | Freddie Mac Non Gold Pool | 3.515% | 4/1/35–12/1/36 | 241 | 258 |
4,5,8 | Freddie Mac Non Gold Pool | 3.524% | 12/1/35 | 806 | 847 |
4,5,8 | Freddie Mac Non Gold Pool | 3.530% | 3/1/36 | 4 | 4 |
9
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5,8 | Freddie Mac Non Gold Pool | 3.544% | 6/1/37 | 1,020 | 1,086 |
4,5,9 | Freddie Mac Non Gold Pool | 3.565% | 12/1/34 | 33 | 34 |
4,5,8 | Freddie Mac Non Gold Pool | 3.591% | 6/1/41 | 147 | 149 |
4,5,8 | Freddie Mac Non Gold Pool | 3.598% | 12/1/39 | 361 | 383 |
4,5,8 | Freddie Mac Non Gold Pool | 3.606% | 1/1/37 | 558 | 590 |
4,5,8 | Freddie Mac Non Gold Pool | 3.615% | 3/1/41 | 537 | 569 |
4,5,8 | Freddie Mac Non Gold Pool | 3.630% | 5/1/40–11/1/40 | 1,871 | 1,922 |
4,5,8 | Freddie Mac Non Gold Pool | 3.635% | 7/1/38 | 666 | 675 |
4,5,8 | Freddie Mac Non Gold Pool | 3.649% | 9/1/40 | 1,233 | 1,293 |
4,5,8 | Freddie Mac Non Gold Pool | 3.650% | 11/1/40 | 996 | 1,025 |
4,5,8 | Freddie Mac Non Gold Pool | 3.652% | 8/1/37–2/1/41 | 829 | 872 |
4,5,9 | Freddie Mac Non Gold Pool | 3.659% | 11/1/33 | 3 | 3 |
4,5,8 | Freddie Mac Non Gold Pool | 3.660% | 2/1/41 | 1,480 | 1,570 |
4,5,8 | Freddie Mac Non Gold Pool | 3.686% | 6/1/37 | 587 | 620 |
4,5,8 | Freddie Mac Non Gold Pool | 3.688% | 3/1/37 | 655 | 695 |
4,5,8 | Freddie Mac Non Gold Pool | 3.701% | 6/1/41 | 675 | 704 |
4,5,8 | Freddie Mac Non Gold Pool | 3.706% | 5/1/40 | 372 | 387 |
4,5,8 | Freddie Mac Non Gold Pool | 3.708% | 6/1/40 | 1,166 | 1,198 |
4,5,8 | Freddie Mac Non Gold Pool | 3.714% | 6/1/40 | 1,482 | 1,553 |
4,5,8 | Freddie Mac Non Gold Pool | 3.753% | 5/1/37 | 1,013 | 1,044 |
4,5 | Freddie Mac Non Gold Pool | 4.865% | 3/1/38 | 515 | 539 |
5,9 | Ginnie Mae II Pool | 2.250% | 10/20/38–12/20/42 | 9,414 | 9,698 |
5,9 | Ginnie Mae II Pool | 2.375% | 1/20/41–3/20/43 | 13,852 | 14,261 |
5,9 | Ginnie Mae II Pool | 2.500% | 10/20/41 | 2,268 | 2,367 |
5,9 | Ginnie Mae II Pool | 2.625% | 6/20/29–6/20/43 | 8,894 | 9,121 |
5,9 | Ginnie Mae II Pool | 2.750% | 7/20/38–8/20/41 | 3,056 | 3,140 |
5,9 | Ginnie Mae II Pool | 3.000% | 11/20/40–10/20/41 | 1,912 | 1,977 |
5,9 | Ginnie Mae II Pool | 3.125% | 5/20/41 | 1,105 | 1,145 |
5 | Ginnie Mae II Pool | 3.500% | 12/20/43–1/20/44 | 2,782 | 2,805 |
222,801 | |||||
Total U.S. Government and Agency Obligations (Cost $124,965,760) | 124,749,048 | ||||
Asset-Backed/Commercial Mortgage-Backed Securities (2.5%) | |||||
5 | AEP Texas Central Transition Funding II LLC 2006-A | 5.170% | 1/1/18 | 520 | 521 |
5 | Ally Auto Receivables Trust 2014-1 | 1.530% | 4/15/19 | 620 | 620 |
5 | Ally Auto Receivables Trust 2014-3 | 1.280% | 6/17/19 | 505 | 505 |
5 | Ally Auto Receivables Trust 2014-3 | 1.720% | 3/16/20 | 2,000 | 1,999 |
5 | Ally Auto Receivables Trust 2015-1 | 1.390% | 9/16/19 | 551 | 551 |
5 | Ally Auto Receivables Trust 2015-1 | 1.750% | 5/15/20 | 1,750 | 1,748 |
5 | Ally Auto Receivables Trust 2015-2 | 1.490% | 11/15/19 | 1,793 | 1,792 |
5 | Ally Auto Receivables Trust 2015-2 | 1.840% | 6/15/20 | 2,225 | 2,222 |
5 | Ally Auto Receivables Trust 2017-4 | 1.750% | 12/15/21 | 9,056 | 8,988 |
5 | Ally Auto Receivables Trust 2017-4 | 1.960% | 7/15/22 | 3,128 | 3,092 |
5 | Ally Master Owner Trust Series 2015-3 | 1.630% | 5/15/20 | 7,725 | 7,720 |
5 | American Express Credit Account Master Trust 2017-1 | 1.930% | 9/15/22 | 14,900 | 14,830 |
5 | American Express Credit Account Master Trust 2017-3 | 1.770% | 11/15/22 | 8,500 | 8,426 |
5 | American Express Credit Account Master Trust 2017-6 | 2.040% | 5/15/23 | 21,800 | 21,697 |
5 | American Express Credit Account Master Trust 2017-7 | 2.350% | 5/15/25 | 13,300 | 13,253 |
5 | AmeriCredit Automobile Receivables Trust 2015-2 | 1.270% | 1/8/20 | 466 | 466 |
5 | AmeriCredit Automobile Receivables Trust 2016-3 | 1.460% | 5/10/21 | 4,275 | 4,255 |
5 | AmeriCredit Automobile Receivables Trust 2017-3 | 1.900% | 3/18/22 | 4,570 | 4,537 |
5 | BA Credit Card Trust 2017-A1 | 1.950% | 8/15/22 | 14,500 | 14,436 |
5 | Banc of America Commercial Mortgage Trust 2015- | ||||
UBS7 | 3.429% | 9/15/48 | 2,350 | 2,427 | |
5 | Banc of America Commercial Mortgage Trust 2015- | ||||
UBS7 | 3.705% | 9/15/48 | 4,100 | 4,268 | |
5 | Banc of America Commercial Mortgage Trust 2017- | ||||
BNK3 | 3.574% | 2/15/50 | 9,108 | 9,425 | |
5 | Banc of America Commercial Mortgage Trust 2017- | ||||
BNK3 | 3.748% | 2/15/50 | 3,542 | 3,616 | |
5 | BANK 2017 - BNK5 | 3.390% | 6/15/60 | 9,750 | 9,933 |
5 | BANK 2017 - BNK5 | 3.624% | 6/15/60 | 4,450 | 4,513 |
5 | BANK 2017 - BNK6 | 3.518% | 7/15/60 | 3,388 | 3,484 |
10
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 BANK 2017 - BNK6 | 3.741% | 7/15/60 | 3,388 | 3,473 |
5 BANK 2017 - BNK7 | 3.175% | 9/15/60 | 5,925 | 5,942 |
5 BANK 2017 - BNK7 | 3.435% | 9/15/60 | 3,675 | 3,757 |
5 BANK 2017 - BNK7 | 3.748% | 9/15/60 | 4,100 | 4,189 |
5 BANK 2017 - BNK8 | 3.488% | 11/15/50 | 8,000 | 8,207 |
5 BANK 2017 - BNK8 | 3.731% | 11/15/50 | 1,325 | 1,358 |
5 BANK 2017 - BNK9 | 3.279% | 11/15/54 | 8,000 | 8,068 |
5 BANK 2017 - BNK9 | 3.538% | 11/15/54 | 8,000 | 8,241 |
Bank of Nova Scotia | 2.125% | 9/11/19 | 10,900 | 10,861 |
Bank of Nova Scotia | 1.850% | 4/14/20 | 24,700 | 24,431 |
Bank of Nova Scotia | 1.875% | 4/26/21 | 8,800 | 8,607 |
5 Barclays Dryrock Issuance Trust 2015-2 | 1.560% | 3/15/21 | 4,525 | 4,521 |
5 Barclays Dryrock Issuance Trust 2016-1 | 1.520% | 5/16/22 | 8,050 | 7,973 |
5 BBCMS MORTGAGE TRUST 2017-C1 | 3.674% | 2/15/50 | 17,475 | 18,125 |
5 BBCMS MORTGAGE TRUST 2017-C1 | 3.898% | 2/15/50 | 4,675 | 4,879 |
5 Bear Stearns Commercial Mortgage Securities Trust | ||||
2007-TOP26 | 5.513% | 1/12/45 | 1,916 | 1,919 |
5 BMW Vehicle Lease Trust 2015-2 | 1.400% | 9/20/18 | 378 | 378 |
5 BMW Vehicle Lease Trust 2015-2 | 1.550% | 2/20/19 | 2,075 | 2,074 |
5 BMW Vehicle Lease Trust 2017-2 | 2.070% | 10/20/20 | 3,575 | 3,565 |
5 BMW Vehicle Owner Trust 2014-A | 1.500% | 2/25/21 | 2,356 | 2,354 |
5 Capital Auto Receivables Asset Trust 2015-1 | 1.610% | 6/20/19 | 1,913 | 1,913 |
5 Capital Auto Receivables Asset Trust 2015-1 | 1.860% | 10/21/19 | 2,000 | 2,000 |
5 Capital Auto Receivables Asset Trust 2015-2 | 1.730% | 9/20/19 | 3,002 | 3,002 |
5 Capital Auto Receivables Asset Trust 2015-2 | 1.970% | 1/21/20 | 2,900 | 2,901 |
5 Capital Auto Receivables Asset Trust 2015-3 | 1.940% | 1/21/20 | 4,388 | 4,389 |
5 Capital Auto Receivables Asset Trust 2015-3 | 2.130% | 5/20/20 | 3,000 | 3,003 |
5 Capital Auto Receivables Asset Trust 2015-4 | 1.830% | 3/20/20 | 4,550 | 4,549 |
5 Capital Auto Receivables Asset Trust 2015-4 | 2.010% | 7/20/20 | 2,950 | 2,950 |
5 Capital Auto Receivables Asset Trust 2016-3 | 1.690% | 3/20/21 | 3,225 | 3,198 |
5 Capital One Multi-Asset Execution Trust 2015-A2 | 2.080% | 3/15/23 | 12,000 | 11,970 |
5 Capital One Multi-Asset Execution Trust 2015-A5 | 1.600% | 5/17/21 | 5,675 | 5,670 |
5 Capital One Multi-Asset Execution Trust 2015-A8 | 2.050% | 8/15/23 | 8,200 | 8,161 |
5 Capital One Multi-Asset Execution Trust 2016-A3 | 1.340% | 4/15/22 | 8,575 | 8,485 |
5 Capital One Multi-Asset Execution Trust 2016-A4 | 1.330% | 6/15/22 | 11,400 | 11,259 |
5 Capital One Multi-Asset Execution Trust 2016-A6 | 1.820% | 9/15/22 | 10,300 | 10,245 |
5 Capital One Multi-Asset Execution Trust 2017-A1 | 2.000% | 1/17/23 | 9,475 | 9,428 |
5 Capital One Multi-Asset Execution Trust 2017-A3 | 2.430% | 1/15/25 | 9,850 | 9,813 |
5 Capital One Multi-Asset Execution Trust 2017-A4 | 1.990% | 7/17/23 | 15,200 | 15,105 |
5 Capital One Multi-Asset Execution Trust 2017-A6 | 2.290% | 7/15/25 | 12,800 | 12,707 |
5 CarMax Auto Owner Trust 2013-4 | 1.280% | 5/15/19 | 138 | 138 |
5 CarMax Auto Owner Trust 2014-1 | 1.320% | 7/15/19 | 506 | 506 |
5 CarMax Auto Owner Trust 2014-2 | 1.610% | 10/15/19 | 1,584 | 1,583 |
5 CarMax Auto Owner Trust 2014-3 | 1.160% | 6/17/19 | 214 | 213 |
5 CarMax Auto Owner Trust 2014-3 | 1.730% | 2/18/20 | 1,625 | 1,624 |
5 CarMax Auto Owner Trust 2014-4 | 1.250% | 11/15/19 | 1,279 | 1,278 |
5 CarMax Auto Owner Trust 2015-2 | 1.370% | 3/16/20 | 1,541 | 1,538 |
5 CarMax Auto Owner Trust 2015-2 | 1.800% | 3/15/21 | 1,575 | 1,568 |
5 CarMax Auto Owner Trust 2015-3 | 1.630% | 5/15/20 | 3,917 | 3,910 |
5 CarMax Auto Owner Trust 2015-3 | 1.980% | 2/16/21 | 1,300 | 1,297 |
5 CarMax Auto Owner Trust 2015-4 | 1.560% | 11/16/20 | 3,550 | 3,540 |
5 CarMax Auto Owner Trust 2015-4 | 1.830% | 6/15/21 | 2,050 | 2,035 |
5 CarMax Auto Owner Trust 2016-3 | 1.390% | 5/17/21 | 4,875 | 4,835 |
5 CarMax Auto Owner Trust 2016-3 | 1.600% | 1/18/22 | 1,685 | 1,657 |
5 CarMax Auto Owner Trust 2017-4 | 2.110% | 10/17/22 | 4,525 | 4,502 |
5 CarMax Auto Owner Trust 2017-4 | 2.330% | 5/15/23 | 3,200 | 3,178 |
5 CD 2016-CD1 Commercial Mortgage Trust | 2.724% | 8/10/49 | 9,075 | 8,819 |
5 CD 2016-CD2 Commercial Mortgage Trust | 3.526% | 11/10/49 | 7,300 | 7,535 |
5 CD 2017-CD3 Commercial Mortgage Trust | 3.453% | 2/10/50 | 1,285 | 1,322 |
5 CD 2017-CD3 Commercial Mortgage Trust | 3.631% | 2/10/50 | 9,773 | 10,192 |
5 CD 2017-CD3 Commercial Mortgage Trust | 3.833% | 2/10/50 | 2,542 | 2,609 |
5 CD 2017-CD4 Commercial Mortgage Trust | 3.514% | 5/10/50 | 5,133 | 5,299 |
5 CD 2017-CD4 Commercial Mortgage Trust | 3.747% | 5/10/50 | 3,000 | 3,064 |
5 CD 2017-CD5 Commercial Mortgage Trust | 3.431% | 8/15/50 | 3,500 | 3,589 |
11
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 CD 2017-CD6 Commercial Mortgage Trust | 3.332% | 11/13/50 | 3,300 | 3,376 |
5 CD 2017-CD6 Commercial Mortgage Trust | 3.456% | 11/13/50 | 6,575 | 6,768 |
5 CD 2017-CD6 Commercial Mortgage Trust | 3.709% | 11/13/50 | 3,825 | 3,912 |
5 CenterPoint Energy Transition Bond Co. II LLC 2005-A | 5.302% | 8/1/20 | 1,030 | 1,057 |
5 CenterPoint Energy Transition Bond Co. IV LLC 2012-1 | 3.028% | 10/15/25 | 9,483 | 9,697 |
5 CFCRE Commercial Mortgage Trust 2016-C3 | 3.865% | 1/10/48 | 5,800 | 6,068 |
5 CFCRE Commercial Mortgage Trust 2016-C4 | 3.283% | 5/10/58 | 8,250 | 8,250 |
CFCRE Commercial Mortgage Trust 2016-C4 | 3.691% | 5/10/58 | 5,900 | 5,978 |
5 CFCRE Commercial Mortgage Trust 2016-C6 | 3.217% | 11/10/49 | 14,200 | 14,107 |
5 CFCRE Commercial Mortgage Trust 2017-C8 | 3.572% | 6/15/50 | 3,650 | 3,722 |
5 Chase Issuance Trust 2012-A4 | 1.580% | 8/16/21 | 8,596 | 8,528 |
5 Chase Issuance Trust 2012-A7 | 2.160% | 9/16/24 | 20,440 | 20,227 |
5 Chase Issuance Trust 2013-A1 | 1.300% | 2/18/20 | 13,650 | 13,644 |
5 Chase Issuance Trust 2014-A2 | 2.770% | 3/15/23 | 11,150 | 11,307 |
5 Chase Issuance Trust 2015-A4 | 1.840% | 4/15/22 | 8,400 | 8,340 |
5 Chase Issuance Trust 2015-A5 | 1.360% | 4/15/20 | 16,950 | 16,933 |
5 Chase Issuance Trust 2016-A2 | 1.370% | 6/15/21 | 11,525 | 11,413 |
5 Chase Issuance Trust 2016-A4 | 1.490% | 7/15/22 | 9,850 | 9,677 |
5 Chase Issuance Trust 2016-A5 | 1.270% | 7/15/21 | 11,650 | 11,500 |
5 Citibank Credit Card Issuance Trust 2008-A1 | 5.350% | 2/7/20 | 11,546 | 11,588 |
5 Citibank Credit Card Issuance Trust 2014-A1 | 2.880% | 1/23/23 | 10,460 | 10,643 |
5 Citibank Credit Card Issuance Trust 2014-A5 | 2.680% | 6/7/23 | 12,342 | 12,478 |
5 Citibank Credit Card Issuance Trust 2014-A6 | 2.150% | 7/15/21 | 27,675 | 27,711 |
5 Citibank Credit Card Issuance Trust 2014-A8 | 1.730% | 4/9/20 | 16,450 | 16,447 |
5 Citibank Credit Card Issuance Trust 2016-A2 | 2.190% | 11/20/23 | 11,325 | 11,239 |
5 Citibank Credit Card Issuance Trust 2017-A2 | 1.740% | 1/19/21 | 19,400 | 19,361 |
5 Citibank Credit Card Issuance Trust 2017-A9 | 1.800% | 9/20/21 | 19,680 | 19,576 |
5 Citigroup Commercial Mortgage Trust 2012-GC8 | 3.024% | 9/10/45 | 5,450 | 5,525 |
5 Citigroup Commercial Mortgage Trust 2013-GC11 | 3.093% | 4/10/46 | 3,165 | 3,209 |
5 Citigroup Commercial Mortgage Trust 2013-GC11 | 3.422% | 4/10/46 | 2,000 | 2,014 |
5 Citigroup Commercial Mortgage Trust 2013-GC15 | 3.161% | 9/10/46 | 2,818 | 2,834 |
5 Citigroup Commercial Mortgage Trust 2013-GC15 | 3.942% | 9/10/46 | 1,200 | 1,248 |
5 Citigroup Commercial Mortgage Trust 2013-GC15 | 4.371% | 9/10/46 | 1,975 | 2,130 |
5 Citigroup Commercial Mortgage Trust 2013-GC15 | 4.649% | 9/10/46 | 2,875 | 3,105 |
5 Citigroup Commercial Mortgage Trust 2013-GC17 | 3.675% | 11/10/46 | 875 | 902 |
5 Citigroup Commercial Mortgage Trust 2013-GC17 | 4.131% | 11/10/46 | 2,900 | 3,082 |
Citigroup Commercial Mortgage Trust 2013-GC17 | 4.544% | 11/10/46 | 1,150 | 1,233 |
5 Citigroup Commercial Mortgage Trust 2013-GC17 | 5.095% | 11/10/46 | 1,150 | 1,256 |
5 Citigroup Commercial Mortgage Trust 2014-GC19 | 2.790% | 3/10/47 | 1,840 | 1,848 |
5 Citigroup Commercial Mortgage Trust 2014-GC19 | 3.552% | 3/10/47 | 1,150 | 1,188 |
5 Citigroup Commercial Mortgage Trust 2014-GC19 | 4.023% | 3/10/47 | 1,700 | 1,801 |
5 Citigroup Commercial Mortgage Trust 2014-GC19 | 4.345% | 3/10/47 | 1,425 | 1,508 |
5 Citigroup Commercial Mortgage Trust 2014-GC21 | 3.477% | 5/10/47 | 625 | 644 |
5 Citigroup Commercial Mortgage Trust 2014-GC21 | 3.855% | 5/10/47 | 3,025 | 3,176 |
5 Citigroup Commercial Mortgage Trust 2014-GC21 | 4.328% | 5/10/47 | 2,450 | 2,518 |
5 Citigroup Commercial Mortgage Trust 2014-GC23 | 3.622% | 7/10/47 | 3,875 | 4,035 |
5 Citigroup Commercial Mortgage Trust 2014-GC25 | 3.635% | 10/10/47 | 8,525 | 8,848 |
5 Citigroup Commercial Mortgage Trust 2015-GC27 | 3.137% | 2/10/48 | 11,450 | 11,538 |
5 Citigroup Commercial Mortgage Trust 2015-GC27 | 3.571% | 2/10/48 | 4,550 | 4,595 |
5 Citigroup Commercial Mortgage Trust 2015-GC29 | 2.674% | 4/10/48 | 2,275 | 2,283 |
5 Citigroup Commercial Mortgage Trust 2015-GC29 | 3.192% | 4/10/48 | 9,075 | 9,157 |
5 Citigroup Commercial Mortgage Trust 2015-GC29 | 3.758% | 4/10/48 | 4,365 | 4,292 |
5 Citigroup Commercial Mortgage Trust 2015-GC31 | 3.762% | 6/10/48 | 4,625 | 4,843 |
5 Citigroup Commercial Mortgage Trust 2015-GC33 | 3.778% | 9/10/58 | 5,725 | 6,002 |
5 Citigroup Commercial Mortgage Trust 2016-C1 | 3.003% | 5/10/49 | 3,400 | 3,401 |
5 Citigroup Commercial Mortgage Trust 2016-C1 | 3.209% | 5/10/49 | 6,500 | 6,551 |
5 Citigroup Commercial Mortgage Trust 2016-C2 | 2.832% | 8/10/49 | 3,500 | 3,414 |
5 Citigroup Commercial Mortgage Trust 2016-GC36 | 3.616% | 2/10/49 | 11,425 | 11,821 |
5 Citigroup Commercial Mortgage Trust 2016-P4 | 2.902% | 7/10/49 | 3,825 | 3,770 |
5 Citigroup Commercial Mortgage Trust 2017-B1 | 3.458% | 8/15/50 | 13,430 | 13,789 |
5 Citigroup Commercial Mortgage Trust 2017-B1 | 3.711% | 8/15/50 | 2,675 | 2,736 |
5 Citigroup Commercial Mortgage Trust 2017-C4 | 3.471% | 10/12/50 | 8,000 | 8,192 |
5 Citigroup Commercial Mortgage Trust 2017-C4 | 3.764% | 10/12/50 | 2,125 | 2,164 |
5 COMM 2012-CCRE2 Mortgage Trust | 3.147% | 8/15/45 | 2,580 | 2,619 |
12
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
5 | COMM 2012-CCRE2 Mortgage Trust | 3.791% | 8/15/45 | 2,950 | 3,030 |
5 | COMM 2012-CCRE3 Mortgage Trust | 2.822% | 10/15/45 | 5,000 | 5,008 |
5,10 | COMM 2012-CCRE3 Mortgage Trust | 3.416% | 10/15/45 | 3,548 | 3,606 |
5 | COMM 2012-CCRE4 Mortgage Trust | 2.853% | 10/15/45 | 5,150 | 5,151 |
5 | COMM 2012-CCRE5 Mortgage Trust | 2.771% | 12/10/45 | 1,500 | 1,498 |
5 | COMM 2013-CCRE10 Mortgage Trust | 4.210% | 8/10/46 | 1,120 | 1,196 |
5 | COMM 2013-CCRE11 Mortgage Trust | 3.047% | 8/10/50 | 1,430 | 1,443 |
5 | COMM 2013-CCRE11 Mortgage Trust | 3.660% | 8/10/50 | 1,430 | 1,485 |
5 | COMM 2013-CCRE11 Mortgage Trust | 3.983% | 8/10/50 | 1,910 | 2,015 |
5 | COMM 2013-CCRE11 Mortgage Trust | 4.258% | 8/10/50 | 6,600 | 7,065 |
5 | COMM 2013-CCRE11 Mortgage Trust | 4.715% | 8/10/50 | 1,430 | 1,546 |
5 | COMM 2013-CCRE12 Mortgage Trust | 1.295% | 10/10/46 | 149 | 148 |
5 | COMM 2013-CCRE12 Mortgage Trust | 2.904% | 10/10/46 | 1,700 | 1,709 |
5 | COMM 2013-CCRE12 Mortgage Trust | 3.623% | 10/10/46 | 1,700 | 1,758 |
5 | COMM 2013-CCRE12 Mortgage Trust | 3.765% | 10/10/46 | 2,275 | 2,377 |
5 | COMM 2013-CCRE12 Mortgage Trust | 4.046% | 10/10/46 | 1,700 | 1,802 |
5 | COMM 2013-CCRE12 Mortgage Trust | 4.300% | 10/10/46 | 1,150 | 1,218 |
5 | COMM 2013-CCRE12 Mortgage Trust | 4.762% | 10/10/46 | 575 | 602 |
5 | COMM 2013-CCRE13 Mortgage Trust | 1.259% | 11/12/46 | 186 | 186 |
5 | COMM 2013-CCRE13 Mortgage Trust | 3.039% | 11/10/46 | 875 | 881 |
5 | COMM 2013-CCRE13 Mortgage Trust | 3.706% | 11/10/46 | 575 | 596 |
5 | COMM 2013-CCRE13 Mortgage Trust | 4.194% | 11/12/46 | 5,850 | 6,241 |
5 | COMM 2013-CCRE13 Mortgage Trust | 4.449% | 11/10/46 | 1,750 | 1,864 |
5 | COMM 2013-CCRE6 Mortgage Trust | 3.101% | 3/10/46 | 2,908 | 2,947 |
5 | COMM 2013-CCRE7 Mortgage Trust | 3.213% | 3/10/46 | 2,300 | 2,342 |
5 | COMM 2013-CCRE8 Mortgage Trust | 3.612% | 6/10/46 | 3,262 | 3,386 |
5 | COMM 2013-CCRE9 Mortgage Trust | 4.230% | 7/10/45 | 4,060 | 4,348 |
5 | COMM 2013-LC13 Mortgage Trust | 3.009% | 8/10/46 | 1,680 | 1,690 |
5 | COMM 2013-LC13 Mortgage Trust | 4.205% | 8/10/46 | 1,680 | 1,793 |
5 | COMM 2013-LC6 Mortgage Trust | 2.941% | 1/10/46 | 5,246 | 5,283 |
5 | COMM 2013-LC6 Mortgage Trust | 3.282% | 1/10/46 | 2,547 | 2,566 |
5 | COMM 2014-CCRE14 Mortgage Trust | 3.147% | 2/10/47 | 2,375 | 2,392 |
5 | COMM 2014-CCRE14 Mortgage Trust | 4.236% | 2/10/47 | 1,775 | 1,898 |
5 | COMM 2014-CCRE14 Mortgage Trust | 4.526% | 2/10/47 | 1,950 | 2,088 |
5 | COMM 2014-CCRE14 Mortgage Trust | 4.597% | 2/10/47 | 1,175 | 1,253 |
5 | COMM 2014-CCRE15 Mortgage Trust | 2.928% | 2/10/47 | 3,882 | 3,908 |
5 | COMM 2014-CCRE15 Mortgage Trust | 3.595% | 2/10/47 | 1,422 | 1,469 |
5 | COMM 2014-CCRE15 Mortgage Trust | 4.074% | 2/10/47 | 2,641 | 2,804 |
5 | COMM 2014-CCRE15 Mortgage Trust | 4.719% | 2/10/47 | 1,320 | 1,413 |
5 | COMM 2014-CCRE16 Mortgage Trust | 3.653% | 4/10/47 | 2,206 | 2,286 |
5 | COMM 2014-CCRE16 Mortgage Trust | 4.278% | 4/10/47 | 2,950 | 3,113 |
5 | COMM 2014-CCRE17 Mortgage Trust | 3.012% | 5/10/47 | 2,800 | 2,830 |
5 | COMM 2014-CCRE17 Mortgage Trust | 3.598% | 5/10/47 | 1,400 | 1,447 |
5 | COMM 2014-CCRE17 Mortgage Trust | 3.977% | 5/10/47 | 2,225 | 2,340 |
5 | COMM 2014-CCRE17 Mortgage Trust | 4.377% | 5/10/47 | 1,375 | 1,418 |
5 | COMM 2014-CCRE18 Mortgage Trust | 3.452% | 7/15/47 | 4,315 | 4,436 |
5 | COMM 2014-CCRE18 Mortgage Trust | 3.828% | 7/15/47 | 1,400 | 1,467 |
5 | COMM 2014-CCRE18 Mortgage Trust | 4.103% | 7/15/47 | 1,845 | 1,930 |
5 | COMM 2014-CCRE19 Mortgage Trust | 3.796% | 8/10/47 | 8,400 | 8,810 |
5 | COMM 2014-CCRE19 Mortgage Trust | 4.080% | 8/10/47 | 2,250 | 2,351 |
5 | COMM 2014-CCRE20 Mortgage Trust | 3.590% | 11/10/47 | 2,375 | 2,459 |
5 | COMM 2014-CCRE21 Mortgage Trust | 3.095% | 12/10/47 | 4,429 | 4,482 |
5 | COMM 2014-CCRE21 Mortgage Trust | 3.528% | 12/10/47 | 8,575 | 8,852 |
5 | COMM 2014-LC15 Mortgage Trust | 2.840% | 4/10/47 | 1,675 | 1,687 |
5 | COMM 2014-LC15 Mortgage Trust | 4.006% | 4/10/47 | 8,215 | 8,678 |
5 | COMM 2014-LC17 Mortgage Trust | 3.164% | 10/10/47 | 5,575 | 5,630 |
5 | COMM 2014-LC17 Mortgage Trust | 3.917% | 10/10/47 | 2,225 | 2,346 |
5 | COMM 2014-UBS2 Mortgage Trust | 2.820% | 3/10/47 | 1,129 | 1,136 |
5 | COMM 2014-UBS2 Mortgage Trust | 3.472% | 3/10/47 | 981 | 1,009 |
5 | COMM 2014-UBS2 Mortgage Trust | 3.961% | 3/10/47 | 2,533 | 2,661 |
5 | COMM 2014-UBS2 Mortgage Trust | 4.199% | 3/10/47 | 709 | 743 |
COMM 2014-UBS2 Mortgage Trust | 4.701% | 3/10/47 | 449 | 476 | |
5 | COMM 2014-UBS3 Mortgage Trust | 2.844% | 6/10/47 | 1,675 | 1,687 |
5 | COMM 2014-UBS3 Mortgage Trust | 3.819% | 6/10/47 | 4,475 | 4,684 |
13
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
5 | COMM 2014-UBS4 Mortgage Trust | 3.694% | 8/10/47 | 5,575 | 5,785 |
5 | COMM 2014-UBS4 Mortgage Trust | 3.968% | 8/10/47 | 2,144 | 2,220 |
5 | COMM 2014-UBS5 Mortgage Trust | 3.838% | 9/10/47 | 6,650 | 6,973 |
5 | COMM 2014-UBS6 Mortgage Trust | 2.935% | 12/10/47 | 5,600 | 5,642 |
5 | COMM 2014-UBS6 Mortgage Trust | 3.387% | 12/10/47 | 5,600 | 5,741 |
5 | COMM 2014-UBS6 Mortgage Trust | 3.644% | 12/10/47 | 10,725 | 11,122 |
5 | COMM 2014-UBS6 Mortgage Trust | 4.048% | 12/10/47 | 2,800 | 2,921 |
5 | COMM 2015-CCRE22 Mortgage Trust | 2.856% | 3/10/48 | 2,850 | 2,874 |
5 | COMM 2015-CCRE22 Mortgage Trust | 3.309% | 3/10/48 | 7,950 | 8,087 |
5 | COMM 2015-CCRE22 Mortgage Trust | 3.603% | 3/10/48 | 2,850 | 2,903 |
5 | COMM 2015-CCRE23 Mortgage Trust | 3.257% | 5/10/48 | 3,475 | 3,546 |
5 | COMM 2015-CCRE23 Mortgage Trust | 3.497% | 5/10/48 | 5,219 | 5,335 |
5 | COMM 2015-CCRE23 Mortgage Trust | 3.801% | 5/10/48 | 2,325 | 2,383 |
5 | COMM 2015-CCRE25 Mortgage Trust | 3.759% | 8/10/48 | 5,725 | 5,997 |
5 | COMM 2015-CCRE26 Mortgage Trust | 3.630% | 10/10/48 | 11,600 | 12,076 |
5 | COMM 2015-CCRE27 Mortgage Trust | 3.404% | 10/10/48 | 5,900 | 6,062 |
5 | COMM 2015-CCRE27 Mortgage Trust | 3.612% | 10/10/48 | 5,900 | 6,124 |
5 | COMM 2015-LC19 Mortgage Trust | 3.040% | 2/10/48 | 1,150 | 1,163 |
5 | COMM 2015-LC19 Mortgage Trust | 3.183% | 2/10/48 | 5,894 | 5,963 |
5 | COMM 2015-LC19 Mortgage Trust | 3.527% | 2/10/48 | 2,687 | 2,724 |
5 | COMM 2016-CCRE28 Mortgage Trust | 3.762% | 2/10/49 | 8,575 | 9,006 |
5 | COMM 2016-DC2 Mortgage Trust | 3.550% | 2/10/49 | 7,000 | 7,208 |
5 | CSAIL 2015-C1 Commercial Mortgage Trust | 3.505% | 4/15/50 | 5,550 | 5,682 |
5 | CSAIL 2015-C1 Commercial Mortgage Trust | 3.791% | 4/15/50 | 2,825 | 2,902 |
5 | CSAIL 2015-C1 Commercial Mortgage Trust | 4.044% | 4/15/50 | 2,250 | 2,289 |
5 | CSAIL 2015-C2 Commercial Mortgage Trust | 1.454% | 6/15/57 | 2,323 | 2,304 |
5 | CSAIL 2015-C2 Commercial Mortgage Trust | 3.504% | 6/15/57 | 7,400 | 7,574 |
5 | CSAIL 2015-C2 Commercial Mortgage Trust | 3.849% | 6/15/57 | 2,900 | 2,973 |
5 | CSAIL 2015-C3 Commercial Mortgage Trust | 3.448% | 8/15/48 | 4,443 | 4,569 |
5 | CSAIL 2015-C3 Commercial Mortgage Trust | 3.718% | 8/15/48 | 5,700 | 5,912 |
5 | CSAIL 2015-C3 Commercial Mortgage Trust | 4.108% | 8/15/48 | 2,625 | 2,701 |
5 | CSAIL 2015-C4 Commercial Mortgage Trust | 3.617% | 11/15/48 | 3,550 | 3,662 |
5 | CSAIL 2015-C4 Commercial Mortgage Trust | 3.808% | 11/15/48 | 4,600 | 4,811 |
5 | CSAIL 2016-C7 Commercial Mortgage Trust | 3.502% | 11/15/49 | 11,675 | 11,907 |
5 | CSAIL 2017-C8 Commercial Mortgage Trust | 3.392% | 6/15/50 | 10,250 | 10,444 |
5 | CSAIL 2017-CX10 Commercial Mortgage Trust | 3.458% | 11/15/50 | 8,000 | 8,200 |
5 | CSAIL 2017-CX9 Commercial Mortgage Trust | 3.446% | 9/15/50 | 3,275 | 3,359 |
5 | DBJPM 16-C1 Mortgage Trust | 3.276% | 5/10/49 | 4,275 | 4,333 |
5 | DBJPM 16-C3 Mortgage Trust | 2.890% | 9/10/49 | 5,000 | 4,919 |
5 | DBJPM 17-C6 Mortgage Trust | 3.328% | 6/10/50 | 7,900 | 8,038 |
5 | DBJPM 17-C6 Mortgage Trust | 3.561% | 6/10/50 | 2,174 | 2,192 |
5 | Discover Card Execution Note Trust 2015-A2 | 1.900% | 10/17/22 | 14,494 | 14,403 |
5 | Discover Card Execution Note Trust 2015-A3 | 1.450% | 3/15/21 | 11,575 | 11,536 |
5 | Discover Card Execution Note Trust 2015-A4 | 2.190% | 4/17/23 | 11,500 | 11,495 |
5 | Discover Card Execution Note Trust 2016-A1 | 1.640% | 7/15/21 | 17,900 | 17,845 |
5 | Discover Card Execution Note Trust 2017-A2 | 2.390% | 7/15/24 | 6,250 | 6,250 |
4,5 | Fannie Mae-Aces 2010-M1 | 4.450% | 9/25/19 | 1,674 | 1,727 |
4,5 | Fannie Mae-Aces 2011-M2 | 3.764% | 4/25/21 | 8,355 | 8,608 |
4,5 | Fannie Mae-Aces 2011-M4 | 3.726% | 6/25/21 | 18,025 | 18,729 |
4,5 | Fannie Mae-Aces 2013-M12 | 2.393% | 3/25/23 | 11,858 | 11,710 |
4,5 | Fannie Mae-Aces 2013-M14 | 2.524% | 4/25/23 | 13,894 | 13,831 |
4,5 | Fannie Mae-Aces 2013-M14 | 3.329% | 10/25/23 | 17,850 | 18,378 |
4,5 | Fannie Mae-Aces 2013-M4 | 2.608% | 3/25/22 | 1,093 | 1,080 |
4,5 | Fannie Mae-Aces 2013-M7 | 2.280% | 12/27/22 | 5,600 | 5,513 |
4,5 | Fannie Mae-Aces 2014-M1 | 2.323% | 11/25/18 | 13,235 | 13,256 |
4,5 | Fannie Mae-Aces 2014-M1 | 3.217% | 7/25/23 | 22,275 | 22,886 |
4,5 | Fannie Mae-Aces 2014-M10 | 2.171% | 9/25/19 | 10,190 | 10,192 |
4,5 | Fannie Mae-Aces 2014-M12 | 2.614% | 10/25/21 | 16,850 | 16,949 |
4,5 | Fannie Mae-Aces 2014-M13 | 2.566% | 8/25/24 | 2,141 | 2,138 |
4,5 | Fannie Mae-Aces 2014-M13 | 3.021% | 8/25/24 | 6,750 | 6,865 |
4,5 | Fannie Mae-Aces 2014-M2 | 3.513% | 12/25/23 | 17,626 | 18,371 |
4,5 | Fannie Mae-Aces 2014-M3 | 2.613% | 1/25/24 | 4,997 | 5,000 |
4,5 | Fannie Mae-Aces 2014-M3 | 3.466% | 1/25/24 | 7,825 | 8,133 |
4,5 | Fannie Mae-Aces 2014-M4 | 3.346% | 3/25/24 | 8,175 | 8,468 |
14
Vanguard® Total Bond Market Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | Fannie Mae-Aces 2014-M6 | 2.679% | 5/25/21 | 19,843 | 20,006 |
4,5 | Fannie Mae-Aces 2014-M7 | 3.271% | 6/25/24 | 14,768 | 15,172 |
4,5 | Fannie Mae-Aces 2014-M8 | 2.346% | 6/25/24 | 2,007 | 1,992 |
4,5 | Fannie Mae-Aces 2014-M8 | 3.056% | 6/25/24 | 8,325 | 8,458 |
4,5 | Fannie Mae-Aces 2014-M9 | 3.103% | 7/25/24 | 10,459 | 10,656 |
4,5 | Fannie Mae-Aces 2015-M1 | 1.626% | 2/25/18 | 270 | 270 |
4,5 | Fannie Mae-Aces 2015-M1 | 2.532% | 9/25/24 | 15,000 | 14,814 |
4,5 | Fannie Mae-Aces 2015-M10 | 3.092% | 4/25/27 | 4,600 | 4,633 |
4,5 | Fannie Mae-Aces 2015-M12 | 2.792% | 5/25/25 | 11,600 | 11,560 |
4,5 | Fannie Mae-Aces 2015-M15 | 2.923% | 10/25/25 | 14,400 | 14,419 |
4,5 | Fannie Mae-Aces 2015-M2 | 2.620% | 12/25/24 | 10,591 | 10,513 |
4,5 | Fannie Mae-Aces 2015-M3 | 2.723% | 10/25/24 | 5,650 | 5,647 |
4,5 | Fannie Mae-Aces 2015-M4 | 2.509% | 7/25/22 | 6,200 | 6,205 |
4,5 | Fannie Mae-Aces 2015-M7 | 1.550% | 4/25/18 | 1,041 | 1,040 |
4,5 | Fannie Mae-Aces 2015-M7 | 2.590% | 12/25/24 | 10,125 | 9,997 |
4,5 | Fannie Mae-Aces 2015-M8 | 2.344% | 1/25/25 | 4,788 | 4,742 |
4,5 | Fannie Mae-Aces 2015-M8 | 2.900% | 1/25/25 | 5,700 | 5,709 |
4,5 | Fannie Mae-Aces 2016-M11 | 2.369% | 7/25/26 | 14,000 | 13,418 |
4,5 | Fannie Mae-Aces 2016-M12 | 2.448% | 9/25/26 | 14,200 | 13,759 |
4,5 | Fannie Mae-Aces 2016-M2 | 2.152% | 1/25/23 | 10,275 | 10,100 |
4,5 | Fannie Mae-Aces 2016-M3 | 2.702% | 2/25/26 | 5,800 | 5,708 |
4,5 | Fannie Mae-Aces 2016-M4 | 2.576% | 3/25/26 | 5,775 | 5,638 |
4,5 | Fannie Mae-Aces 2016-M5 | 2.469% | 4/25/26 | 12,400 | 12,085 |
4,5 | Fannie Mae-Aces 2016-M6 | 2.488% | 5/25/26 | 8,500 | 8,223 |
4,5 | Fannie Mae-Aces 2016-M7 | 2.157% | 10/25/23 | 2,800 | 2,734 |
4,5 | Fannie Mae-Aces 2016-M7 | 2.499% | 9/25/26 | 4,625 | 4,505 |
4,5 | Fannie Mae-Aces 2017-M1 | 2.417% | 10/25/26 | 9,164 | 8,804 |
4,5 | Fannie Mae-Aces 2017-M10 | 2.561% | 7/25/24 | 5,910 | 5,839 |
4,5 | Fannie Mae-Aces 2017-M11 | 2.980% | 8/25/29 | 4,000 | 3,947 |
4,5 | Fannie Mae-Aces 2017-M12 | 3.079% | 6/25/27 | 17,150 | 17,338 |
4,5 | Fannie Mae-Aces 2017-M15 | 3.136% | 11/25/27 | 15,725 | 15,873 |
4,5 | Fannie Mae-Aces 2017-M2 | 2.784% | 2/25/27 | 6,100 | 6,034 |
4,5 | Fannie Mae-Aces 2017-M3 | 2.486% | 12/25/26 | 10,730 | 10,360 |
4,5 | Fannie Mae-Aces 2017-M4 | 2.597% | 12/25/26 | 12,000 | 11,685 |
4,5 | Fannie Mae-Aces 2017-M7 | 2.961% | 2/25/27 | 9,125 | 9,147 |
4,11 | Federal Housing Administration | 7.430% | 10/1/20 | 1 | 1 |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K005 | 3.484% | 4/25/19 | 2,384 | 2,405 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K006 | 3.398% | 7/25/19 | 3,040 | 3,074 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K007 | 3.342% | 12/25/19 | 91 | 91 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K009 | 2.757% | 5/25/20 | 1,768 | 1,776 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K010 | 3.320% | 7/25/20 | 1,834 | 1,845 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K010 | 3.303% | 11/25/27 | 3,875 | 4,000 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K011 | 4.084% | 11/25/20 | 13,725 | 14,347 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K012 | 4.184% | 12/25/20 | 1,025 | 1,075 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K014 | 3.871% | 4/25/21 | 6,800 | 7,100 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K017 | 2.873% | 12/25/21 | 18,650 | 18,949 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K019 | 2.272% | 3/25/22 | 7,835 | 7,786 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K020 | 2.373% | 5/25/22 | 20,750 | 20,644 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K021 | 2.396% | 6/25/22 | 11,840 | 11,812 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K022 | 2.355% | 7/25/22 | 870 | 866 |
15
Vanguard® Total Bond Market Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K026 | 2.510% | 11/25/22 | 16,600 | 16,565 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K027 | 2.637% | 1/25/23 | 16,625 | 16,652 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K028 | 3.111% | 2/25/23 | 26,300 | 27,014 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K029 | 3.320% | 2/25/23 | 16,425 | 16,996 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K030 | 2.779% | 9/25/22 | 11,334 | 11,464 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K030 | 3.250% | 4/25/23 | 17,675 | 18,280 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K031 | 3.300% | 4/25/23 | 16,452 | 17,034 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K032 | 3.016% | 2/25/23 | 11,123 | 11,316 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K032 | 3.310% | 5/25/23 | 17,660 | 18,311 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K033 | 2.871% | 2/25/23 | 12,119 | 12,276 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K033 | 3.060% | 7/25/23 | 19,075 | 19,538 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K034 | 3.531% | 7/25/23 | 15,354 | 16,092 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K035 | 3.458% | 8/25/23 | 19,775 | 20,647 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K036 | 3.527% | 10/25/23 | 17,403 | 18,233 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K037 | 3.490% | 1/25/24 | 1,475 | 1,544 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K038 | 2.604% | 10/25/23 | 4,191 | 4,212 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K038 | 3.389% | 3/25/24 | 19,450 | 20,202 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K039 | 2.683% | 12/25/23 | 3,011 | 3,039 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K039 | 3.303% | 7/25/24 | 10,850 | 11,282 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K040 | 2.768% | 4/25/24 | 5,043 | 5,094 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K040 | 3.241% | 9/25/24 | 14,400 | 14,897 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K041 | 3.171% | 10/25/24 | 14,025 | 14,437 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K042 | 2.267% | 6/25/24 | 2,510 | 2,474 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K042 | 2.670% | 12/25/24 | 6,450 | 6,433 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K043 | 2.532% | 10/25/23 | 2,565 | 2,570 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K043 | 3.062% | 12/25/24 | 8,400 | 8,561 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K045 | 2.493% | 11/25/24 | 5,265 | 5,249 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K045 | 3.023% | 1/25/25 | 9,050 | 9,231 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K046 | 3.205% | 3/25/25 | 9,175 | 9,449 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K047 | 2.827% | 12/25/24 | 2,476 | 2,478 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K047 | 3.329% | 5/25/25 | 6,850 | 7,112 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K048 | 3.284% | 6/25/25 | 11,600 | 12,010 |
16
Vanguard® Total Bond Market Index Fund | |||||
Schedule of Investments | |||||
December 31, 2017 | |||||
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K049 | 3.010% | 7/25/25 | 6,350 | 6,414 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K050 | 3.334% | 8/25/25 | 10,325 | 10,716 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K052 | 3.151% | 11/25/25 | 7,025 | 7,207 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K053 | 2.995% | 12/25/25 | 4,050 | 4,111 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K054 | 2.745% | 1/25/26 | 10,375 | 10,334 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K055 | 2.673% | 3/25/26 | 11,200 | 11,085 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K056 | 2.525% | 5/25/26 | 8,625 | 8,433 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K057 | 2.570% | 7/25/26 | 15,025 | 14,723 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K058 | 2.653% | 8/25/26 | 8,475 | 8,324 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K059 | 3.120% | 9/25/26 | 4,000 | 4,076 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K060 | 3.300% | 10/25/26 | 4,321 | 4,456 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K061 | 3.347% | 11/25/26 | 9,800 | 10,142 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K062 | 3.413% | 12/25/26 | 10,350 | 10,758 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K063 | 3.430% | 1/25/27 | 25,950 | 27,007 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K064 | 3.224% | 3/25/27 | 10,700 | 10,956 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K066 | 3.117% | 6/25/27 | 8,060 | 8,183 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K068 | 3.244% | 8/25/27 | 6,675 | 6,841 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K069 | 3.187% | 9/25/27 | 12,000 | 12,240 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K071 | 3.286% | 11/25/50 | 5,325 | 5,494 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K152 | 3.080% | 1/25/31 | 5,800 | 5,774 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K153 | 3.294% | 3/25/29 | 10,000 | 10,289 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K153 | 3.117% | 10/25/31 | 8,700 | 8,722 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K503 | 1.384% | 1/25/19 | 4,222 | 4,193 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K503 | 2.456% | 8/25/19 | 17,225 | 17,278 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K504 | 2.566% | 9/25/20 | 5,775 | 5,810 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K702 | 3.154% | 2/25/18 | 14,436 | 14,434 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K704 | 2.412% | 8/25/18 | 3,522 | 3,529 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K706 | 2.323% | 10/25/18 | 6,603 | 6,615 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K707 | 2.220% | 12/25/18 | 7,650 | 7,654 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K709 | 2.086% | 3/25/19 | 350 | 350 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K710 | 1.883% | 5/25/19 | 1,475 | 1,471 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K711 | 1.321% | 12/25/18 | 3,598 | 3,578 |
17
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K711 | 1.730% | 7/25/19 | 23,375 | 23,243 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K712 | 1.869% | 11/25/19 | 11,005 | 10,949 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K713 | 2.313% | 3/25/20 | 27,800 | 27,823 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K714 | 3.034% | 10/25/20 | 23,455 | 23,860 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K716 | 2.413% | 1/25/21 | 2,326 | 2,307 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K716 | 3.130% | 6/25/21 | 18,645 | 18,946 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K717 | 2.991% | 9/25/21 | 11,200 | 11,423 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K718 | 2.375% | 9/25/21 | 11,203 | 11,132 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K718 | 2.791% | 1/25/22 | 10,825 | 10,948 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates K722 | 2.183% | 5/25/22 | 3,985 | 3,940 | |
4,5 | FHLMC Multifamily Structured Pass Through | ||||
Certificates KW01 | 2.853% | 1/25/26 | 11,600 | 11,597 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K715 | 2.856% | 1/25/21 | 6,180 | 6,268 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K720 | 2.716% | 6/25/22 | 7,525 | 7,595 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K723 | 2.454% | 8/25/23 | 7,425 | 7,375 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K724 | 3.062% | 11/25/23 | 9,000 | 9,212 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K725 | 3.002% | 1/25/24 | 21,090 | 21,532 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K725 | 2.946% | 7/25/24 | 12,500 | 12,708 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K726 | 2.905% | 4/25/24 | 11,000 | 11,155 | |
4,5 | FHLMC Multifamily Structures Pass Through | ||||
Certificates K728 | 3.064% | 8/25/24 | 16,000 | 16,360 | |
5 | Fifth Third Auto Trust 2015-1 | 1.420% | 3/16/20 | 3,042 | 3,037 |
5 | Ford Credit Auto Lease Trust 2015-B | 1.540% | 2/15/19 | 1,798 | 1,797 |
5 | Ford Credit Auto Owner Trust 2014-B | 1.420% | 8/15/19 | 345 | 345 |
5 | Ford Credit Auto Owner Trust 2015-A | 1.280% | 9/15/19 | 624 | 624 |
5 | Ford Credit Auto Owner Trust 2015-A | 1.640% | 6/15/20 | 850 | 848 |
5 | Ford Credit Auto Owner Trust 2015-B | 1.160% | 11/15/19 | 1,178 | 1,176 |
5 | Ford Credit Auto Owner Trust 2015-B | 1.580% | 8/15/20 | 1,450 | 1,445 |
5 | Ford Credit Auto Owner Trust 2015-C | 1.410% | 2/15/20 | 1,563 | 1,560 |
5 | Ford Credit Auto Owner Trust 2015-C | 1.740% | 2/15/21 | 1,300 | 1,295 |
5 | Ford Credit Auto Owner Trust 2017-A | 1.670% | 6/15/21 | 6,650 | 6,605 |
5 | Ford Credit Auto Owner Trust 2017-A | 1.920% | 4/15/22 | 3,975 | 3,939 |
5 | Ford Credit Auto Owner Trust 2017-B | 1.690% | 11/15/21 | 7,726 | 7,665 |
5 | Ford Credit Auto Owner Trust 2017-B | 1.870% | 9/15/22 | 1,065 | 1,055 |
5 | Ford Credit Auto Owner Trust 2017-C | 2.010% | 3/15/22 | 21,225 | 21,148 |
5 | Ford Credit Floorplan Master Owner Trust A Series | ||||
2016-1 | 1.760% | 2/15/21 | 11,400 | 11,363 | |
5 | Ford Credit Floorplan Master Owner Trust A Series | ||||
2017-2 | 2.160% | 9/15/22 | 9,470 | 9,431 | |
5 | Ford Credit Floorplan Master Owner Trust A Series | ||||
2017-3 | 2.480% | 9/15/24 | 9,800 | 9,740 | |
5 | GM Financial Automobile Leasing Trust 2015-2 | 1.680% | 12/20/18 | 1,511 | 1,510 |
5 | GM Financial Automobile Leasing Trust 2015-2 | 1.850% | 7/22/19 | 2,630 | 2,629 |
5 | GM Financial Automobile Leasing Trust 2015-3 | 1.690% | 3/20/19 | 1,643 | 1,643 |
5 | GM Financial Automobile Leasing Trust 2015-3 | 1.810% | 11/20/19 | 2,975 | 2,973 |
5 | GM Financial Automobile Leasing Trust 2016-1 | 1.790% | 3/20/20 | 5,825 | 5,815 |
5 | GM Financial Automobile Leasing Trust 2016-2 | 1.620% | 9/20/19 | 5,725 | 5,717 |
18
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 GM Financial Automobile Leasing Trust 2016-3 | 1.610% | 12/20/19 | 4,100 | 4,086 |
5 GS Mortgage Securities Corporation II 2013-GC10 | 2.943% | 2/10/46 | 4,077 | 4,104 |
5 GS Mortgage Securities Corporation II 2013-GC10 | 3.279% | 2/10/46 | 1,529 | 1,542 |
5 GS Mortgage Securities Corporation II 2015-GC30 | 2.726% | 5/10/50 | 4,025 | 4,041 |
5 GS Mortgage Securities Corporation II 2015-GC30 | 3.382% | 5/10/50 | 5,700 | 5,829 |
5 GS Mortgage Securities Trust 2011-GC5 | 3.707% | 8/10/44 | 3,220 | 3,333 |
5 GS Mortgage Securities Trust 2012-GC6 | 3.482% | 1/10/45 | 12,453 | 12,790 |
5 GS Mortgage Securities Trust 2012-GCJ7 | 3.377% | 5/10/45 | 7,091 | 7,248 |
5 GS Mortgage Securities Trust 2012-GCJ9 | 2.773% | 11/10/45 | 5,518 | 5,531 |
5 GS Mortgage Securities Trust 2013-GCJ12 | 3.135% | 6/10/46 | 5,682 | 5,756 |
5 GS Mortgage Securities Trust 2013-GCJ12 | 3.375% | 6/10/46 | 1,792 | 1,807 |
5 GS Mortgage Securities Trust 2013-GCJ14 | 2.995% | 8/10/46 | 1,895 | 1,900 |
5 GS Mortgage Securities Trust 2013-GCJ14 | 3.817% | 8/10/46 | 1,470 | 1,527 |
5 GS Mortgage Securities Trust 2013-GCJ14 | 4.243% | 8/10/46 | 7,350 | 7,871 |
5 GS Mortgage Securities Trust 2013-GCJ16 | 3.033% | 11/10/46 | 2,371 | 2,385 |
5 GS Mortgage Securities Trust 2013-GCJ16 | 3.813% | 11/10/46 | 1,100 | 1,141 |
5 GS Mortgage Securities Trust 2013-GCJ16 | 4.271% | 11/10/46 | 1,525 | 1,637 |
5 GS Mortgage Securities Trust 2014-GC18 | 4.074% | 1/10/47 | 10,725 | 11,364 |
5 GS Mortgage Securities Trust 2014-GC18 | 4.383% | 1/10/47 | 1,975 | 2,084 |
5 GS Mortgage Securities Trust 2014-GC22 | 3.467% | 6/10/47 | 2,225 | 2,300 |
5 GS Mortgage Securities Trust 2014-GC22 | 3.516% | 6/10/47 | 500 | 517 |
5 GS Mortgage Securities Trust 2014-GC22 | 3.862% | 6/10/47 | 1,950 | 2,052 |
5 GS Mortgage Securities Trust 2014-GC24 | 3.931% | 9/10/47 | 7,125 | 7,549 |
5 GS Mortgage Securities Trust 2014-GC24 | 4.508% | 9/10/47 | 1,675 | 1,760 |
5 GS Mortgage Securities Trust 2014-GC26 | 2.902% | 11/10/47 | 1,850 | 1,863 |
5 GS Mortgage Securities Trust 2014-GC26 | 3.365% | 11/10/47 | 3,400 | 3,493 |
5 GS Mortgage Securities Trust 2014-GC26 | 3.629% | 11/10/47 | 11,450 | 11,848 |
5 GS Mortgage Securities Trust 2014-GC26 | 3.964% | 11/10/47 | 2,000 | 2,068 |
5 GS Mortgage Securities Trust 2014-GC26 | 4.215% | 11/10/47 | 1,700 | 1,747 |
5 GS Mortgage Securities Trust 2015-GC28 | 3.396% | 2/10/48 | 6,200 | 6,321 |
5 GS Mortgage Securities Trust 2015-GC32 | 3.513% | 7/10/48 | 5,775 | 5,968 |
5 GS Mortgage Securities Trust 2015-GC32 | 3.764% | 7/10/48 | 2,275 | 2,383 |
5 GS Mortgage Securities Trust 2015-GC34 | 3.278% | 10/10/48 | 5,900 | 6,025 |
5 GS Mortgage Securities Trust 2015-GC34 | 3.506% | 10/10/48 | 5,600 | 5,753 |
5 GS Mortgage Securities Trust 2016-GS2 | 3.050% | 5/10/49 | 4,425 | 4,416 |
5 GS Mortgage Securities Trust 2016-GS3 | 2.850% | 10/10/49 | 11,450 | 11,156 |
5 GS Mortgage Securities Trust 2016-GS4 | 3.442% | 11/10/49 | 3,950 | 4,031 |
5 GS Mortgage Securities Trust 2016-GS4 | 3.645% | 11/10/49 | 2,925 | 2,990 |
5 GS Mortgage Securities Trust 2017-GS5 | 3.674% | 3/10/50 | 8,350 | 8,691 |
5 GS Mortgage Securities Trust 2017-GS5 | 3.826% | 3/10/50 | 3,350 | 3,448 |
5 GS Mortgage Securities Trust 2017-GS6 | 3.433% | 5/10/50 | 8,250 | 8,457 |
5 GS Mortgage Securities Trust 2017-GS7 | 3.430% | 8/10/50 | 13,194 | 13,437 |
5 GS Mortgage Securities Trust 2017-GS7 | 3.663% | 8/10/50 | 3,519 | 3,567 |
5 Honda Auto Receivables 2015-1 Owner Trust | 1.050% | 10/15/18 | 263 | 263 |
5 Honda Auto Receivables 2015-1 Owner Trust | 1.320% | 11/16/20 | 3,675 | 3,672 |
5 Honda Auto Receivables 2015-2 Owner Trust | 1.040% | 2/21/19 | 745 | 744 |
5 Honda Auto Receivables 2015-2 Owner Trust | 1.470% | 8/23/21 | 2,500 | 2,494 |
5 Honda Auto Receivables 2015-3 Owner Trust | 1.270% | 4/18/19 | 1,405 | 1,404 |
5 Honda Auto Receivables 2015-3 Owner Trust | 1.560% | 10/18/21 | 1,150 | 1,147 |
5 Honda Auto Receivables 2015-4 Owner Trust | 1.230% | 9/23/19 | 4,410 | 4,397 |
5 Honda Auto Receivables 2015-4 Owner Trust | 1.440% | 1/21/22 | 1,600 | 1,589 |
5 Honda Auto Receivables 2017-2 Owner Trust | 1.680% | 8/16/21 | 8,389 | 8,315 |
5 Honda Auto Receivables 2017-2 Owner Trust | 1.870% | 9/15/23 | 1,864 | 1,844 |
5 Honda Auto Receivables 2017-4 Owner Trust | 2.050% | 11/22/21 | 5,850 | 5,832 |
5 Huntington Auto Trust 2015-1 | 1.240% | 9/16/19 | 1,300 | 1,298 |
5 Hyundai Auto Receivables Trust 2014-B | 1.460% | 11/15/19 | 759 | 759 |
5 Hyundai Auto Receivables Trust 2015-A | 1.370% | 7/15/20 | 1,700 | 1,695 |
5 Hyundai Auto Receivables Trust 2015-C | 1.460% | 2/18/20 | 1,548 | 1,545 |
5 Hyundai Auto Receivables Trust 2015-C | 1.780% | 11/15/21 | 1,500 | 1,494 |
5 Hyundai Auto Receivables Trust 2016-A | 1.560% | 9/15/20 | 1,800 | 1,795 |
5 Hyundai Auto Receivables Trust 2016-B | 1.290% | 4/15/21 | 4,850 | 4,796 |
5 Hyundai Auto Receivables Trust 2016-B | 1.450% | 11/15/22 | 3,625 | 3,555 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2012-C6 | 3.507% | 5/15/45 | 8,061 | 8,317 |
19
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2012-C8 | 2.829% | 10/15/45 | 6,379 | 6,405 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2012-CIBX | 3.483% | 6/15/45 | 7,490 | 7,706 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2012-LC9 | 2.840% | 12/15/47 | 3,750 | 3,770 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-C10 | 3.143% | 12/15/47 | 2,314 | 2,343 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-C10 | 3.372% | 12/15/47 | 1,735 | 1,750 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-C16 | 3.674% | 12/15/46 | 1,600 | 1,653 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-C16 | 3.881% | 12/15/46 | 2,300 | 2,412 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-C16 | 4.166% | 12/15/46 | 9,174 | 9,792 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-C16 | 4.517% | 12/15/46 | 1,600 | 1,709 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-C16 | 4.910% | 12/15/46 | 1,600 | 1,701 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2013-LC11 | 2.960% | 4/15/46 | 11,478 | 11,581 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2014-C20 | 2.872% | 7/15/47 | 2,250 | 2,266 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2014-C20 | 3.805% | 7/15/47 | 850 | 890 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2015-JP1 | 3.914% | 1/15/49 | 4,600 | 4,868 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2016-JP3 | 2.870% | 8/15/49 | 14,325 | 14,060 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2016-JP4 | 3.648% | 12/15/49 | 5,800 | 6,034 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2016-JP4 | 3.870% | 12/15/49 | 4,650 | 4,798 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2017-JP6 | 3.050% | 7/15/50 | 5,700 | 5,778 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2017-JP6 | 3.490% | 7/15/50 | 3,000 | 3,083 |
5 JP Morgan Chase Commercial Mortgage Securities | ||||
Trust 2017-JP6 | 3.744% | 7/15/50 | 4,500 | 4,600 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C12 | 3.664% | 7/15/45 | 1,776 | 1,852 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C12 | 4.030% | 7/15/45 | 1,184 | 1,238 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C14 | 3.761% | 8/15/46 | 1,680 | 1,739 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C14 | 4.133% | 8/15/46 | 4,470 | 4,754 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C14 | 4.409% | 8/15/46 | 1,260 | 1,337 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C15 | 2.977% | 11/15/45 | 1,794 | 1,803 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C15 | 3.659% | 11/15/45 | 420 | 434 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C15 | 4.131% | 11/15/45 | 2,940 | 3,131 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C15 | 4.420% | 11/15/45 | 1,680 | 1,783 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C17 | 3.003% | 1/15/47 | 1,278 | 1,285 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C17 | 3.705% | 1/15/47 | 1,650 | 1,710 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C17 | 4.199% | 1/15/47 | 5,500 | 5,889 |
20
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C17 | 4.458% | 1/15/47 | 1,100 | 1,171 |
5 JPMBB Commercial Mortgage Securities Trust 2013- | ||||
C17 | 4.881% | 1/15/47 | 1,650 | 1,744 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C18 | 4.079% | 2/15/47 | 6,590 | 7,005 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C18 | 4.439% | 2/15/47 | 1,173 | 1,247 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C18 | 4.814% | 2/15/47 | 1,422 | 1,504 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C19 | 3.046% | 4/15/47 | 2,217 | 2,237 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C19 | 3.669% | 4/15/47 | 2,800 | 2,882 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C19 | 3.997% | 4/15/47 | 2,800 | 2,962 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C19 | 4.243% | 4/15/47 | 2,225 | 2,343 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C21 | 3.428% | 8/15/47 | 1,411 | 1,449 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C21 | 3.775% | 8/15/47 | 1,375 | 1,438 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C21 | 3.997% | 8/15/47 | 850 | 883 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C22 | 3.801% | 9/15/47 | 8,325 | 8,688 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C22 | 4.110% | 9/15/47 | 2,225 | 2,323 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C23 | 3.934% | 9/15/47 | 4,175 | 4,407 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C23 | 4.202% | 9/15/47 | 2,462 | 2,593 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C24 | 2.940% | 11/15/47 | 2,850 | 2,879 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C24 | 3.639% | 11/15/47 | 2,275 | 2,365 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C24 | 3.914% | 11/15/47 | 4,125 | 4,274 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C25 | 3.672% | 11/15/47 | 9,975 | 10,386 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C25 | 4.065% | 11/15/47 | 2,775 | 2,890 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C26 | 3.019% | 1/15/48 | 5,725 | 5,771 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C26 | 3.494% | 1/15/48 | 17,150 | 17,663 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C26 | 3.800% | 1/15/48 | 2,875 | 2,958 |
5 JPMBB Commercial Mortgage Securities Trust 2014- | ||||
C26 | 3.951% | 1/15/48 | 2,875 | 2,888 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C27 | 2.734% | 2/15/48 | 4,695 | 4,724 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C27 | 3.017% | 2/15/48 | 5,715 | 5,783 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C27 | 3.179% | 2/15/48 | 3,048 | 3,070 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C28 | 2.773% | 10/15/48 | 5,725 | 5,764 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C28 | 3.227% | 10/15/48 | 6,775 | 6,857 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C28 | 3.532% | 10/15/48 | 1,725 | 1,740 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C29 | 2.921% | 5/15/48 | 5,000 | 5,053 |
21
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C29 | 3.304% | 5/15/48 | 2,963 | 3,034 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C29 | 3.611% | 5/15/48 | 4,650 | 4,807 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C30 | 3.559% | 7/15/48 | 5,775 | 5,975 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C30 | 3.822% | 7/15/48 | 5,675 | 5,945 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C30 | 4.226% | 7/15/48 | 2,900 | 3,053 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C31 | 3.540% | 8/15/48 | 2,772 | 2,883 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C31 | 3.801% | 8/15/48 | 2,960 | 3,098 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C32 | 3.358% | 11/15/48 | 5,875 | 6,042 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C32 | 3.598% | 11/15/48 | 5,875 | 6,077 |
5 JPMBB Commercial Mortgage Securities Trust 2015- | ||||
C33 | 3.770% | 12/15/48 | 4,230 | 4,427 |
5 JPMBB Commercial Mortgage Securities Trust 2016- | ||||
C1 | 3.316% | 3/15/49 | 4,675 | 4,776 |
5 JPMCC Commercial Mortgage Securities Trust 2017- | ||||
JP5 | 3.723% | 3/15/50 | 17,175 | 17,974 |
5 JPMCC Commercial Mortgage Securities Trust 2017- | ||||
JP5 | 3.876% | 3/15/50 | 3,200 | 3,304 |
5 JPMDB Commercial Mortgage Securities Trust 2016- | ||||
C2 | 3.144% | 6/15/49 | 4,400 | 4,416 |
5 JPMDB Commercial Mortgage Securities Trust 2016- | ||||
C2 | 3.484% | 6/15/49 | 2,050 | 2,058 |
5 JPMDB Commercial Mortgage Securities Trust 2017- | ||||
C5 | 3.694% | 3/15/50 | 14,250 | 14,902 |
5 JPMDB Commercial Mortgage Securities Trust 2017- | ||||
C5 | 3.858% | 3/15/50 | 5,600 | 5,774 |
5 JPMDB Commercial Mortgage Securities Trust 2017- | ||||
C7 | 3.409% | 10/15/50 | 3,850 | 3,947 |
5 JPMDB Commercial Mortgage Securities Trust 2017- | ||||
C7 | 3.713% | 10/15/50 | 2,400 | 2,445 |
5 LB-UBS Commercial Mortgage Trust 2008-C1 | 6.319% | 4/15/41 | 9,976 | 9,992 |
5 Mercedes-Benz Auto Lease Trust 2015-B | 1.530% | 5/17/21 | 1,401 | 1,400 |
5 Mercedes-Benz Auto Lease Trust 2017-A | 1.790% | 4/15/20 | 5,525 | 5,512 |
5 Mercedes-Benz Auto Lease Trust 2017-A | 2.010% | 1/17/23 | 3,700 | 3,689 |
5 Mercedes-Benz Auto Receivables Trust 2015-1 | 1.340% | 12/16/19 | 1,706 | 1,703 |
5 Mercedes-Benz Auto Receivables Trust 2015-1 | 1.750% | 12/15/21 | 1,175 | 1,169 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2012-C5 | 3.176% | 8/15/45 | 3,025 | 3,080 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2012-C6 | 2.858% | 11/15/45 | 3,000 | 3,013 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C10 | 4.082% | 7/15/46 | 8,000 | 8,528 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C11 | 4.169% | 8/15/46 | 1,680 | 1,790 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C11 | 4.369% | 8/15/46 | 840 | 887 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C12 | 3.001% | 10/15/46 | 2,340 | 2,354 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C12 | 4.259% | 10/15/46 | 3,915 | 4,194 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C13 | 2.936% | 11/15/46 | 1,750 | 1,761 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C13 | 4.039% | 11/15/46 | 3,500 | 3,706 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C13 | 4.737% | 11/15/46 | 1,750 | 1,862 |
22
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C7 | 2.918% | 2/15/46 | 3,011 | 3,031 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C7 | 3.214% | 2/15/46 | 599 | 601 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C8 | 3.134% | 12/15/48 | 3,475 | 3,546 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C8 | 3.376% | 12/15/48 | 1,800 | 1,819 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C9 | 3.102% | 5/15/46 | 3,475 | 3,523 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2013-C9 | 3.456% | 5/15/46 | 2,150 | 2,189 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C14 | 2.916% | 2/15/47 | 1,976 | 1,988 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C14 | 3.669% | 2/15/47 | 4,695 | 4,830 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C14 | 4.064% | 2/15/47 | 4,475 | 4,740 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C14 | 4.633% | 2/15/47 | 1,600 | 1,711 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C16 | 2.849% | 6/15/47 | 850 | 855 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C16 | 3.477% | 6/15/47 | 1,125 | 1,160 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C16 | 3.892% | 6/15/47 | 4,200 | 4,412 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C16 | 4.322% | 6/15/47 | 1,675 | 1,749 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C18 | 3.194% | 10/15/47 | 5,000 | 5,060 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C18 | 3.923% | 10/15/47 | 1,400 | 1,473 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C18 | 4.439% | 10/15/47 | 1,675 | 1,758 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C19 | 3.101% | 12/15/47 | 5,700 | 5,774 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C19 | 3.326% | 12/15/47 | 3,925 | 4,028 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2014-C19 | 3.526% | 12/15/47 | 5,050 | 5,204 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C20 | 3.069% | 2/15/48 | 2,875 | 2,926 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C20 | 3.249% | 2/15/48 | 10,125 | 10,281 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C21 | 3.338% | 3/15/48 | 2,500 | 2,542 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C22 | 3.040% | 4/15/48 | 5,725 | 5,772 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C22 | 3.306% | 4/15/48 | 4,500 | 4,575 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C22 | 3.883% | 4/15/48 | 2,875 | 2,935 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C23 | 2.982% | 7/15/50 | 2,900 | 2,928 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C23 | 3.398% | 7/15/50 | 1,750 | 1,791 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C23 | 3.719% | 7/15/50 | 5,775 | 6,035 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C25 | 3.383% | 10/15/48 | 6,550 | 6,744 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C25 | 3.635% | 10/15/48 | 3,475 | 3,603 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C26 | 3.323% | 10/15/48 | 3,825 | 3,924 |
23
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C26 | 3.531% | 10/15/48 | 4,325 | 4,454 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C27 | 3.557% | 12/15/47 | 2,950 | 3,034 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2015-C27 | 3.753% | 12/15/47 | 3,500 | 3,651 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C28 | 3.288% | 1/15/49 | 4,175 | 4,266 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C28 | 3.544% | 1/15/49 | 11,975 | 12,273 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C29 | 3.140% | 5/15/49 | 2,200 | 2,217 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C29 | 3.325% | 5/15/49 | 1,250 | 1,264 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C30 | 2.860% | 9/15/49 | 11,700 | 11,448 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C31 | 3.102% | 11/15/49 | 14,200 | 14,116 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C32 | 3.720% | 12/15/49 | 11,600 | 12,142 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2016-C32 | 3.994% | 12/15/49 | 4,625 | 4,834 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2017-C33 | 3.599% | 5/15/50 | 8,150 | 8,465 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2017-C33 | 3.852% | 5/15/50 | 5,200 | 5,352 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2017-C34 | 3.276% | 11/15/52 | 5,725 | 5,811 |
5 Morgan Stanley Bank of America Merrill Lynch Trust | ||||
2017-C34 | 3.536% | 11/15/52 | 8,325 | 8,581 |
5 Morgan Stanley Capital I Trust 2005-IQ9 | 4.770% | 7/15/56 | 407 | 405 |
5 Morgan Stanley Capital I Trust 2012-C4 | 3.244% | 3/15/45 | 7,000 | 7,119 |
5 Morgan Stanley Capital I Trust 2012-C4 | 3.773% | 3/15/45 | 2,900 | 2,968 |
5 Morgan Stanley Capital I Trust 2015-UBS8 | 3.809% | 12/15/48 | 4,100 | 4,288 |
5 Morgan Stanley Capital I Trust 2016-BNK2 | 3.049% | 11/15/49 | 5,850 | 5,827 |
5 Morgan Stanley Capital I Trust 2016-BNK2 | 3.282% | 11/15/49 | 4,707 | 4,772 |
5 Morgan Stanley Capital I Trust 2016-UB11 | 2.782% | 8/15/49 | 11,700 | 11,371 |
5 Morgan Stanley Capital I Trust 2016-UB12 | 3.778% | 12/15/49 | 5,000 | 5,132 |
5 Morgan Stanley Capital I Trust 2016-UBS12 | 3.596% | 12/15/49 | 11,625 | 12,003 |
5 Morgan Stanley Capital I Trust 2017-H1 | 3.530% | 6/15/50 | 7,500 | 7,744 |
10 National Australia Bank Ltd. | 2.250% | 3/16/21 | 16,000 | 15,863 |
5 Nissan Auto Lease Trust 2015-B | 1.700% | 4/15/21 | 963 | 963 |
5 Nissan Auto Lease Trust 2016-B | 1.610% | 1/18/22 | 5,250 | 5,226 |
5 Nissan Auto Lease Trust 2017-B | 2.050% | 9/15/20 | 3,800 | 3,789 |
5 Nissan Auto Lease Trust 2017-B | 2.170% | 12/15/21 | 1,000 | 996 |
5 Nissan Auto Receivables 2013-C Owner Trust | 1.300% | 6/15/20 | 521 | 521 |
5 Nissan Auto Receivables 2014-A Owner Trust | 1.340% | 8/17/20 | 1,004 | 1,003 |
5 Nissan Auto Receivables 2014-B Owner Trust | 1.110% | 5/15/19 | 407 | 407 |
5 Nissan Auto Receivables 2015-A Owner Trust | 1.050% | 10/15/19 | 1,368 | 1,365 |
5 Nissan Auto Receivables 2015-B Owner Trust | 1.340% | 3/16/20 | 2,183 | 2,178 |
5 Nissan Auto Receivables 2015-B Owner Trust | 1.790% | 1/17/22 | 1,750 | 1,740 |
5 Nissan Auto Receivables 2015-C Owner Trust | 1.370% | 5/15/20 | 1,534 | 1,529 |
5 Nissan Auto Receivables 2015-C Owner Trust | 1.670% | 2/15/22 | 2,975 | 2,947 |
5 Nissan Auto Receivables 2016-B Owner Trust | 1.540% | 10/17/22 | 2,500 | 2,463 |
5 Nissan Auto Receivables 2016-C Owner Trust | 1.180% | 1/15/21 | 5,125 | 5,072 |
5 Nissan Auto Receivables 2016-C Owner Trust | 1.380% | 1/17/23 | 4,250 | 4,166 |
5 Nissan Auto Receivables 2017-B Owner Trust | 1.750% | 10/15/21 | 7,550 | 7,492 |
5 Nissan Auto Receivables 2017-B Owner Trust | 1.950% | 10/16/23 | 3,469 | 3,429 |
5 Nissan Master Owner Trust Receivables Series 2016-A | 1.540% | 6/15/21 | 5,750 | 5,695 |
Royal Bank of Canada | 2.200% | 9/23/19 | 19,475 | 19,454 |
Royal Bank of Canada | 2.100% | 10/14/20 | 57,900 | 57,344 |
5 Royal Bank of Canada | 1.875% | 2/5/21 | 8,625 | 8,548 |
Royal Bank of Canada | 2.300% | 3/22/21 | 8,750 | 8,721 |
5 Santander Drive Auto Receivables Trust 2017-3 | 1.870% | 6/15/21 | 5,390 | 5,368 |
24
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 SG Commercial Mortgage Securities Trust 2016-C5 | 3.055% | 10/10/48 | 9,000 | 8,915 |
5 Synchrony Credit Card Master Note Trust 2015-2 | 1.600% | 4/15/21 | 3,375 | 3,373 |
5 Synchrony Credit Card Master Note Trust 2016-2 | 2.210% | 5/15/24 | 21,306 | 21,175 |
5 Synchrony Credit Card Master Note Trust 2016-3 | 1.580% | 9/15/22 | 8,550 | 8,457 |
5 Synchrony Credit Card Master Note Trust 2017-2 | 2.620% | 10/15/25 | 9,050 | 9,062 |
5 Synchrony Credit Card Master Note Trust Series 2012- | ||||
7 | 1.760% | 9/15/22 | 6,545 | 6,497 |
5 TIAA Seasoned Commercial Mortgage Trust 2007-C4 | 5.476% | 8/15/39 | 425 | 424 |
10 Toronto-Dominion Bank | 2.250% | 3/15/21 | 28,400 | 28,196 |
5 Toyota Auto Receivables 2014-B Owner Trust | 1.310% | 9/16/19 | 330 | 330 |
5 Toyota Auto Receivables 2015-B Owner Trust | 1.270% | 5/15/19 | 2,531 | 2,525 |
5 Toyota Auto Receivables 2015-B Owner Trust | 1.740% | 9/15/20 | 5,200 | 5,192 |
5 Toyota Auto Receivables 2015-C Owner Trust | 1.340% | 6/17/19 | 2,089 | 2,087 |
5 Toyota Auto Receivables 2015-C Owner Trust | 1.690% | 12/15/20 | 5,000 | 4,990 |
5 Toyota Auto Receivables 2016-B Owner Trust | 1.300% | 4/15/20 | 2,803 | 2,792 |
5 Toyota Auto Receivables 2016-B Owner Trust | 1.520% | 8/16/21 | 3,575 | 3,535 |
5 Toyota Auto Receivables 2016-C Owner Trust | 1.140% | 8/17/20 | 4,575 | 4,542 |
5 Toyota Auto Receivables 2016-C Owner Trust | 1.320% | 11/15/21 | 2,525 | 2,479 |
5 Toyota Auto Receivables 2017-D Owner Trust | 1.930% | 1/18/22 | 12,750 | 12,679 |
5 UBS Commercial Mortgage Trust 2017-C1 | 3.460% | 6/15/50 | 10,100 | 10,322 |
5 UBS Commercial Mortgage Trust 2017-C1 | 3.724% | 6/15/50 | 4,800 | 4,907 |
5 UBS Commercial Mortgage Trust 2017-C2 | 3.487% | 8/15/50 | 8,050 | 8,251 |
5 UBS Commercial Mortgage Trust 2017-C2 | 3.740% | 8/15/50 | 2,150 | 2,209 |
5 UBS Commercial Mortgage Trust 2017-C3 | 3.426% | 8/15/50 | 9,700 | 9,830 |
5 UBS Commercial Mortgage Trust 2017-C3 | 3.739% | 8/15/50 | 4,050 | 4,076 |
5 UBS Commercial Mortgage Trust 2017-C4 | 3.301% | 10/15/50 | 6,450 | 6,534 |
5 UBS Commercial Mortgage Trust 2017-C4 | 3.563% | 10/15/50 | 8,050 | 8,255 |
5 UBS Commercial Mortgage Trust 2017-C4 | 3.836% | 10/15/50 | 3,562 | 3,630 |
5 UBS Commercial Mortgage Trust 2017-C5 | 3.474% | 11/15/50 | 5,325 | 5,439 |
5 UBS Commercial Mortgage Trust 2017-C7 | 3.679% | 12/15/50 | 8,225 | 8,540 |
5 UBS Commercial Mortgage Trust 2017-C7 | 4.061% | 12/15/50 | 4,375 | 4,527 |
5 UBS-Barclays Commercial Mortgage Trust 2013-C5 | 3.185% | 3/10/46 | 4,636 | 4,697 |
5 UBS-Barclays Commercial Mortgage Trust 2013-C6 | 3.244% | 4/10/46 | 7,716 | 7,841 |
5 UBS-Barclays Commercial Mortgage Trust 2013-C6 | 3.469% | 4/10/46 | 1,150 | 1,175 |
5 Volkswagen Auto Loan Enhanced Trust 2014-2 | 0.950% | 4/22/19 | 303 | 303 |
5 Volkswagen Auto Loan Enhanced Trust 2014-2 | 1.390% | 5/20/21 | 2,850 | 2,846 |
5 Wells Fargo Commercial Mortgage Trust 2012-LC5 | 2.918% | 10/15/45 | 9,533 | 9,607 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC16 | 2.819% | 8/15/50 | 1,675 | 1,686 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC16 | 3.477% | 8/15/50 | 1,125 | 1,157 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC16 | 3.817% | 8/15/50 | 9,925 | 10,405 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC16 | 4.020% | 8/15/50 | 550 | 578 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC18 | 2.954% | 12/15/47 | 3,400 | 3,435 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC18 | 3.244% | 12/15/47 | 1,961 | 2,000 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC18 | 3.271% | 12/15/47 | 4,000 | 4,066 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC18 | 3.405% | 12/15/47 | 5,650 | 5,785 |
5 Wells Fargo Commercial Mortgage Trust 2014-LC18 | 3.808% | 12/15/47 | 2,850 | 2,920 |
5 Wells Fargo Commercial Mortgage Trust 2015-C26 | 2.991% | 2/15/48 | 5,725 | 5,780 |
5 Wells Fargo Commercial Mortgage Trust 2015-C26 | 3.166% | 2/15/48 | 3,150 | 3,176 |
5 Wells Fargo Commercial Mortgage Trust 2015-C26 | 3.580% | 2/15/48 | 2,275 | 2,297 |
5 Wells Fargo Commercial Mortgage Trust 2015-C27 | 3.190% | 2/15/48 | 14,150 | 14,291 |
5 Wells Fargo Commercial Mortgage Trust 2015-C28 | 3.540% | 5/15/48 | 8,500 | 8,726 |
5 Wells Fargo Commercial Mortgage Trust 2015-C28 | 3.872% | 5/15/48 | 1,619 | 1,670 |
5 Wells Fargo Commercial Mortgage Trust 2015-C29 | 3.400% | 6/15/48 | 5,800 | 5,961 |
5 Wells Fargo Commercial Mortgage Trust 2015-C29 | 3.637% | 6/15/48 | 8,500 | 8,832 |
5 Wells Fargo Commercial Mortgage Trust 2015-LC20 | 2.978% | 4/15/50 | 1,536 | 1,550 |
5 Wells Fargo Commercial Mortgage Trust 2015-LC20 | 3.184% | 4/15/50 | 14,401 | 14,490 |
5 Wells Fargo Commercial Mortgage Trust 2015-LC20 | 3.719% | 4/15/50 | 2,850 | 2,853 |
5 Wells Fargo Commercial Mortgage Trust 2015-LC22 | 3.571% | 9/15/58 | 2,350 | 2,434 |
5 Wells Fargo Commercial Mortgage Trust 2015-LC22 | 3.839% | 9/15/58 | 3,425 | 3,600 |
5 Wells Fargo Commercial Mortgage Trust 2015-LC22 | 4.207% | 9/15/58 | 2,925 | 3,114 |
5 Wells Fargo Commercial Mortgage Trust 2015-NXS1 | 2.632% | 5/15/48 | 2,425 | 2,435 |
5 Wells Fargo Commercial Mortgage Trust 2015-NXS1 | 2.934% | 5/15/48 | 4,200 | 4,231 |
5 Wells Fargo Commercial Mortgage Trust 2015-NXS1 | 3.148% | 5/15/48 | 2,275 | 2,296 |
5 Wells Fargo Commercial Mortgage Trust 2015-P2 | 3.656% | 12/15/48 | 4,700 | 4,883 |
25
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 Wells Fargo Commercial Mortgage Trust 2015-P2 | 3.809% | 12/15/48 | 2,950 | 3,104 |
5 Wells Fargo Commercial Mortgage Trust 2015-SG1 | 3.789% | 9/15/48 | 10,375 | 10,858 |
5 Wells Fargo Commercial Mortgage Trust 2016-BNK1 | 2.652% | 8/15/49 | 7,850 | 7,609 |
5 Wells Fargo Commercial Mortgage Trust 2016-BNK1 | 2.814% | 8/15/49 | 1,800 | 1,762 |
5 Wells Fargo Commercial Mortgage Trust 2016-C32 | 3.324% | 1/15/59 | 3,084 | 3,155 |
5 Wells Fargo Commercial Mortgage Trust 2016-C32 | 3.560% | 1/15/59 | 6,700 | 6,921 |
5 Wells Fargo Commercial Mortgage Trust 2016-C33 | 3.426% | 3/15/59 | 2,350 | 2,407 |
5 Wells Fargo Commercial Mortgage Trust 2016-C34 | 3.096% | 6/15/49 | 4,700 | 4,697 |
5 Wells Fargo Commercial Mortgage Trust 2016-C37 | 3.794% | 12/15/49 | 4,675 | 4,913 |
5 Wells Fargo Commercial Mortgage Trust 2016-LC24 | 2.825% | 10/15/49 | 5,275 | 5,249 |
5 Wells Fargo Commercial Mortgage Trust 2016-LC24 | 2.942% | 10/15/49 | 9,053 | 8,942 |
5 Wells Fargo Commercial Mortgage Trust 2017-C38 | 3.453% | 7/15/50 | 11,445 | 11,672 |
5 Wells Fargo Commercial Mortgage Trust 2017-C38 | 3.665% | 7/15/50 | 3,243 | 3,284 |
5 Wells Fargo Commercial Mortgage Trust 2017-C39 | 3.418% | 9/15/50 | 9,675 | 9,910 |
5 Wells Fargo Commercial Mortgage Trust 2017-C39 | 3.702% | 9/15/50 | 5,375 | 5,480 |
5 Wells Fargo Commercial Mortgage Trust 2017-C40 | 3.317% | 10/15/50 | 5,350 | 5,405 |
5 Wells Fargo Commercial Mortgage Trust 2017-C40 | 3.581% | 10/15/50 | 8,025 | 8,281 |
5 Wells Fargo Commercial Mortgage Trust 2017-C40 | 3.854% | 10/15/50 | 2,150 | 2,222 |
5 Wells Fargo Commercial Mortgage Trust 2017-C41 | 3.472% | 11/15/50 | 13,300 | 13,604 |
5 Wells Fargo Commercial Mortgage Trust 2017-RB1 | 3.635% | 3/15/50 | 8,600 | 8,901 |
5 Wells Fargo Commercial Mortgage Trust 2017-RC1 | 3.631% | 1/15/60 | 8,500 | 8,788 |
5 WFRBS Commercial Mortgage Trust 2012-C10 | 2.875% | 12/15/45 | 10,900 | 10,979 |
5 WFRBS Commercial Mortgage Trust 2012-C6 | 3.440% | 4/15/45 | 7,425 | 7,632 |
5 WFRBS Commercial Mortgage Trust 2012-C7 | 3.431% | 6/15/45 | 4,975 | 5,109 |
5 WFRBS Commercial Mortgage Trust 2012-C7 | 4.090% | 6/15/45 | 4,400 | 4,566 |
5 WFRBS Commercial Mortgage Trust 2012-C8 | 3.001% | 8/15/45 | 3,100 | 3,141 |
5 WFRBS Commercial Mortgage Trust 2012-C9 | 2.870% | 11/15/45 | 6,125 | 6,157 |
5 WFRBS Commercial Mortgage Trust 2013-C11 | 3.071% | 3/15/45 | 4,148 | 4,208 |
5 WFRBS Commercial Mortgage Trust 2013-C12 | 3.198% | 3/15/48 | 1,733 | 1,768 |
5 WFRBS Commercial Mortgage Trust 2013-C12 | 3.560% | 3/15/48 | 820 | 835 |
5 WFRBS Commercial Mortgage Trust 2013-C13 | 3.001% | 5/15/45 | 3,436 | 3,470 |
5 WFRBS Commercial Mortgage Trust 2013-C13 | 3.345% | 5/15/45 | 673 | 678 |
5 WFRBS Commercial Mortgage Trust 2013-C14 | 3.337% | 6/15/46 | 6,000 | 6,160 |
5 WFRBS Commercial Mortgage Trust 2013-C14 | 3.488% | 6/15/46 | 3,000 | 3,040 |
5 WFRBS Commercial Mortgage Trust 2013-C15 | 3.720% | 8/15/46 | 1,120 | 1,158 |
5 WFRBS Commercial Mortgage Trust 2013-C15 | 4.153% | 8/15/46 | 4,470 | 4,768 |
5 WFRBS Commercial Mortgage Trust 2013-C15 | 4.358% | 8/15/46 | 1,120 | 1,180 |
5 WFRBS Commercial Mortgage Trust 2013-C16 | 3.223% | 9/15/46 | 893 | 898 |
5 WFRBS Commercial Mortgage Trust 2013-C16 | 3.963% | 9/15/46 | 1,250 | 1,303 |
5 WFRBS Commercial Mortgage Trust 2013-C16 | 4.415% | 9/15/46 | 1,250 | 1,353 |
5 WFRBS Commercial Mortgage Trust 2013-C16 | 4.668% | 9/15/46 | 2,100 | 2,250 |
5 WFRBS Commercial Mortgage Trust 2013-C17 | 2.921% | 12/15/46 | 1,150 | 1,157 |
5 WFRBS Commercial Mortgage Trust 2013-C17 | 3.558% | 12/15/46 | 1,150 | 1,185 |
5 WFRBS Commercial Mortgage Trust 2013-C17 | 4.023% | 12/15/46 | 1,450 | 1,539 |
5 WFRBS Commercial Mortgage Trust 2013-C17 | 4.255% | 12/15/46 | 1,150 | 1,208 |
5 WFRBS Commercial Mortgage Trust 2013-C17 | 4.788% | 12/15/46 | 1,150 | 1,218 |
5 WFRBS Commercial Mortgage Trust 2013-C18 | 3.027% | 12/15/46 | 1,150 | 1,156 |
5 WFRBS Commercial Mortgage Trust 2013-C18 | 3.651% | 12/15/46 | 2,300 | 2,370 |
5 WFRBS Commercial Mortgage Trust 2013-C18 | 4.162% | 12/15/46 | 5,010 | 5,360 |
5 WFRBS Commercial Mortgage Trust 2013-C18 | 4.387% | 12/15/46 | 575 | 613 |
5 WFRBS Commercial Mortgage Trust 2013-C18 | 4.659% | 12/15/46 | 862 | 930 |
5 WFRBS Commercial Mortgage Trust 2013-UBS1 | 2.927% | 3/15/46 | 3,100 | 3,115 |
5 WFRBS Commercial Mortgage Trust 2013-UBS1 | 3.591% | 3/15/46 | 1,750 | 1,786 |
5 WFRBS Commercial Mortgage Trust 2013-UBS1 | 4.079% | 3/15/46 | 2,350 | 2,492 |
5 WFRBS Commercial Mortgage Trust 2013-UBS1 | 4.624% | 3/15/46 | 575 | 619 |
5 WFRBS Commercial Mortgage Trust 2014-C19 | 1.233% | 3/15/47 | 135 | 135 |
5 WFRBS Commercial Mortgage Trust 2014-C19 | 3.618% | 3/15/47 | 950 | 982 |
5 WFRBS Commercial Mortgage Trust 2014-C19 | 3.660% | 3/15/47 | 1,250 | 1,282 |
5 WFRBS Commercial Mortgage Trust 2014-C19 | 4.101% | 3/15/47 | 2,825 | 2,995 |
5 WFRBS Commercial Mortgage Trust 2014-C19 | 4.723% | 3/15/47 | 950 | 997 |
5 WFRBS Commercial Mortgage Trust 2014-C20 | 3.036% | 5/15/47 | 1,100 | 1,111 |
5 WFRBS Commercial Mortgage Trust 2014-C20 | 3.638% | 5/15/47 | 1,100 | 1,137 |
5 WFRBS Commercial Mortgage Trust 2014-C20 | 3.723% | 5/15/47 | 3,500 | 3,648 |
5 WFRBS Commercial Mortgage Trust 2014-C20 | 3.995% | 5/15/47 | 1,675 | 1,764 |
26
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 WFRBS Commercial Mortgage Trust 2014-C20 | 4.176% | 5/15/47 | 1,675 | 1,746 |
5 WFRBS Commercial Mortgage Trust 2014-C21 | 3.678% | 8/15/47 | 4,000 | 4,164 |
5 WFRBS Commercial Mortgage Trust 2014-C22 | 3.752% | 9/15/57 | 8,200 | 8,567 |
5 WFRBS Commercial Mortgage Trust 2014-C22 | 4.371% | 9/15/57 | 1,675 | 1,707 |
5 WFRBS Commercial Mortgage Trust 2014-C23 | 3.636% | 10/15/57 | 3,143 | 3,255 |
5 WFRBS Commercial Mortgage Trust 2014-C23 | 3.917% | 10/15/57 | 1,675 | 1,768 |
5 WFRBS Commercial Mortgage Trust 2014-C23 | 4.210% | 10/15/57 | 1,125 | 1,193 |
5 WFRBS Commercial Mortgage Trust 2014-C24 | 3.428% | 11/15/47 | 2,860 | 2,905 |
5 WFRBS Commercial Mortgage Trust 2014-C24 | 3.607% | 11/15/47 | 2,860 | 2,963 |
5 WFRBS Commercial Mortgage Trust 2014-LC14 | 2.862% | 3/15/47 | 1,115 | 1,122 |
5 WFRBS Commercial Mortgage Trust 2014-LC14 | 3.522% | 3/15/47 | 2,800 | 2,882 |
5 WFRBS Commercial Mortgage Trust 2014-LC14 | 4.045% | 3/15/47 | 6,720 | 7,127 |
5 WFRBS Commercial Mortgage Trust 2014-LC14 | 4.351% | 3/15/47 | 2,800 | 2,941 |
5 World Financial Network Credit Card Master Note Trust | ||||
Series 2017-C | 2.310% | 8/15/24 | 8,600 | 8,563 |
5 World Omni Auto Receivables Trust 2014-A | 1.530% | 6/15/20 | 2,212 | 2,211 |
5 World Omni Auto Receivables Trust 2014-B | 1.140% | 1/15/20 | 832 | 831 |
5 World Omni Auto Receivables Trust 2014-B | 1.680% | 12/15/20 | 1,530 | 1,527 |
5 World Omni Auto Receivables Trust 2015-B | 1.490% | 12/15/20 | 2,558 | 2,552 |
5 World Omni Auto Receivables Trust 2015-B | 1.840% | 1/17/22 | 2,975 | 2,959 |
5 World Omni Automobile Lease Securitization Trust | ||||
2015-A | 1.540% | 10/15/18 | 802 | 802 |
5 World Omni Automobile Lease Securitization Trust | ||||
2016-A | 1.610% | 1/15/22 | 3,000 | 2,970 |
Total Asset-Backed/Commercial Mortgage-Backed Securities (Cost $4,793,122) | 4,791,045 | |||
Corporate Bonds (27.8%) | ||||
Finance (8.7%) | ||||
Banking (6.3%) | ||||
American Express Co. | 2.200% | 10/30/20 | 16,700 | 16,569 |
American Express Co. | 2.500% | 8/1/22 | 7,680 | 7,587 |
American Express Co. | 2.650% | 12/2/22 | 10,530 | 10,432 |
American Express Co. | 3.000% | 10/30/24 | 17,806 | 17,762 |
American Express Co. | 3.625% | 12/5/24 | 12,250 | 12,593 |
American Express Co. | 4.050% | 12/3/42 | 2,099 | 2,210 |
American Express Credit Corp. | 2.125% | 3/18/19 | 5,251 | 5,251 |
American Express Credit Corp. | 1.875% | 5/3/19 | 12,000 | 11,956 |
American Express Credit Corp. | 2.250% | 8/15/19 | 10,375 | 10,381 |
American Express Credit Corp. | 1.700% | 10/30/19 | 750 | 743 |
American Express Credit Corp. | 2.200% | 3/3/20 | 15,650 | 15,598 |
American Express Credit Corp. | 2.375% | 5/26/20 | 13,240 | 13,229 |
American Express Credit Corp. | 2.600% | 9/14/20 | 25,147 | 25,252 |
American Express Credit Corp. | 2.250% | 5/5/21 | 21,001 | 20,804 |
American Express Credit Corp. | 2.700% | 3/3/22 | 37,394 | 37,519 |
American Express Credit Corp. | 3.300% | 5/3/27 | 23,225 | 23,447 |
Australia & New Zealand Banking Group Ltd. | 2.250% | 6/13/19 | 16,800 | 16,804 |
Australia & New Zealand Banking Group Ltd. | 1.600% | 7/15/19 | 23,800 | 23,567 |
Australia & New Zealand Banking Group Ltd. | 2.050% | 9/23/19 | 4,550 | 4,528 |
Australia & New Zealand Banking Group Ltd. | 2.125% | 8/19/20 | 7,500 | 7,435 |
Australia & New Zealand Banking Group Ltd. | 2.250% | 11/9/20 | 14,000 | 13,916 |
Australia & New Zealand Banking Group Ltd. | 2.700% | 11/16/20 | 14,275 | 14,350 |
Australia & New Zealand Banking Group Ltd. | 2.300% | 6/1/21 | 7,600 | 7,525 |
Australia & New Zealand Banking Group Ltd. | 2.550% | 11/23/21 | 7,000 | 6,958 |
Australia & New Zealand Banking Group Ltd. | 2.625% | 5/19/22 | 12,000 | 11,956 |
Australia & New Zealand Banking Group Ltd. | 2.625% | 11/9/22 | 14,000 | 13,912 |
Australia & New Zealand Banking Group Ltd. | 3.700% | 11/16/25 | 12,425 | 13,053 |
Banco Bilbao Vizcaya Argentaria SA | 3.000% | 10/20/20 | 16,025 | 16,167 |
Banco Santander SA | 4.250% | 4/11/27 | 1,000 | 1,036 |
Banco Santander SA | 3.800% | 2/23/28 | 5,000 | 4,998 |
Bancolombia SA | 5.950% | 6/3/21 | 8,699 | 9,407 |
Bank of America Corp. | 2.600% | 1/15/19 | 6,280 | 6,305 |
Bank of America Corp. | 5.490% | 3/15/19 | 450 | 465 |
Bank of America Corp. | 2.650% | 4/1/19 | 4,072 | 4,100 |
27
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
Bank of America Corp. | 2.250% | 4/21/20 | 24,120 | 24,115 | |
Bank of America Corp. | 5.625% | 7/1/20 | 3 | 3 | |
Bank of America Corp. | 2.625% | 10/19/20 | 25,336 | 25,531 | |
Bank of America Corp. | 2.151% | 11/9/20 | 5,211 | 5,171 | |
Bank of America Corp. | 2.625% | 4/19/21 | 13,710 | 13,780 | |
Bank of America Corp. | 5.000% | 5/13/21 | — | — | |
5 | Bank of America Corp. | 2.369% | 7/21/21 | 9,975 | 9,946 |
5 | Bank of America Corp. | 2.328% | 10/1/21 | 31,450 | 31,175 |
Bank of America Corp. | 2.503% | 10/21/22 | 19,275 | 19,069 | |
Bank of America Corp. | 3.300% | 1/11/23 | 60,622 | 62,027 | |
5 | Bank of America Corp. | 3.124% | 1/20/23 | 5,678 | 5,754 |
5 | Bank of America Corp. | 2.881% | 4/24/23 | 28,325 | 28,346 |
5 | Bank of America Corp. | 2.816% | 7/21/23 | 46,108 | 46,017 |
Bank of America Corp. | 4.100% | 7/24/23 | 12,592 | 13,361 | |
5,10 | Bank of America Corp. | 3.004% | 12/20/23 | 146,891 | 146,985 |
Bank of America Corp. | 4.125% | 1/22/24 | 34,290 | 36,402 | |
Bank of America Corp. | 4.000% | 4/1/24 | 13,451 | 14,216 | |
Bank of America Corp. | 4.200% | 8/26/24 | 43,331 | 45,444 | |
Bank of America Corp. | 4.000% | 1/22/25 | 49,353 | 51,338 | |
Bank of America Corp. | 3.950% | 4/21/25 | 42,746 | 44,184 | |
5 | Bank of America Corp. | 3.093% | 10/1/25 | 34,158 | 33,911 |
Bank of America Corp. | 4.450% | 3/3/26 | 32,777 | 34,984 | |
Bank of America Corp. | 3.500% | 4/19/26 | 9,445 | 9,654 | |
Bank of America Corp. | 4.250% | 10/22/26 | 11,035 | 11,593 | |
Bank of America Corp. | 3.248% | 10/21/27 | 31,990 | 31,601 | |
Bank of America Corp. | 4.183% | 11/25/27 | 22,275 | 23,265 | |
5 | Bank of America Corp. | 3.824% | 1/20/28 | 25,980 | 26,802 |
5 | Bank of America Corp. | 3.705% | 4/24/28 | 13,787 | 14,104 |
5 | Bank of America Corp. | 3.593% | 7/21/28 | 31,408 | 31,785 |
5,10 | Bank of America Corp. | 3.419% | 12/20/28 | 76,201 | 76,038 |
Bank of America Corp. | 6.110% | 1/29/37 | 12,335 | 15,697 | |
5 | Bank of America Corp. | 4.244% | 4/24/38 | 22,346 | 24,156 |
Bank of America Corp. | 7.750% | 5/14/38 | 19,954 | 29,888 | |
Bank of America Corp. | 5.875% | 2/7/42 | 34,883 | 45,808 | |
Bank of America Corp. | 5.000% | 1/21/44 | 30,721 | 37,098 | |
Bank of America Corp. | 4.875% | 4/1/44 | 13,481 | 16,138 | |
Bank of America Corp. | 4.750% | 4/21/45 | 1,400 | 1,577 | |
5 | Bank of America Corp. | 4.443% | 1/20/48 | 3,525 | 3,945 |
Bank of America NA | 6.000% | 10/15/36 | 9,684 | 12,563 | |
Bank of Montreal | 2.375% | 1/25/19 | 14,041 | 14,062 | |
Bank of Montreal | 1.500% | 7/18/19 | 16,575 | 16,417 | |
Bank of Montreal | 2.100% | 12/12/19 | 4,150 | 4,135 | |
Bank of Montreal | 2.100% | 6/15/20 | 5,100 | 5,064 | |
Bank of Montreal | 1.900% | 8/27/21 | 26,375 | 25,813 | |
Bank of Montreal | 2.550% | 11/6/22 | 25,285 | 25,017 | |
5 | Bank of Montreal | 3.803% | 12/15/32 | 23,800 | 23,755 |
Bank of New York Mellon Corp. | 2.100% | 1/15/19 | 30,326 | 30,339 | |
Bank of New York Mellon Corp. | 2.200% | 3/4/19 | 6,643 | 6,650 | |
Bank of New York Mellon Corp. | 2.200% | 5/15/19 | 375 | 375 | |
Bank of New York Mellon Corp. | 5.450% | 5/15/19 | 5,535 | 5,766 | |
Bank of New York Mellon Corp. | 2.300% | 9/11/19 | 15,750 | 15,766 | |
Bank of New York Mellon Corp. | 4.600% | 1/15/20 | 6,200 | 6,487 | |
Bank of New York Mellon Corp. | 2.150% | 2/24/20 | 5,000 | 4,988 | |
Bank of New York Mellon Corp. | 2.600% | 8/17/20 | 5,125 | 5,162 | |
Bank of New York Mellon Corp. | 2.450% | 11/27/20 | 6,800 | 6,817 | |
Bank of New York Mellon Corp. | 2.500% | 4/15/21 | 14,514 | 14,548 | |
Bank of New York Mellon Corp. | 2.050% | 5/3/21 | 25,328 | 24,988 | |
Bank of New York Mellon Corp. | 3.550% | 9/23/21 | 4,455 | 4,620 | |
Bank of New York Mellon Corp. | 2.600% | 2/7/22 | 10,971 | 10,983 | |
5 | Bank of New York Mellon Corp. | 2.661% | 5/16/23 | 12,160 | 12,139 |
Bank of New York Mellon Corp. | 2.200% | 8/16/23 | 10,299 | 9,973 | |
Bank of New York Mellon Corp. | 3.650% | 2/4/24 | 6,775 | 7,082 | |
Bank of New York Mellon Corp. | 3.400% | 5/15/24 | 985 | 1,017 | |
Bank of New York Mellon Corp. | 3.250% | 9/11/24 | 13,790 | 14,033 |
28
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Bank of New York Mellon Corp. | 3.000% | 2/24/25 | 5,753 | 5,733 |
Bank of New York Mellon Corp. | 2.800% | 5/4/26 | 6,265 | 6,108 |
Bank of New York Mellon Corp. | 2.450% | 8/17/26 | 6,375 | 6,038 |
Bank of New York Mellon Corp. | 3.250% | 5/16/27 | 22,235 | 22,437 |
5 Bank of New York Mellon Corp. | 3.442% | 2/7/28 | 7,075 | 7,218 |
Bank of New York Mellon Corp. | 3.000% | 10/30/28 | 5,000 | 4,849 |
Bank of New York Mellon Corp. | 3.300% | 8/23/29 | 4,200 | 4,178 |
Bank of Nova Scotia | 1.950% | 1/15/19 | 12,600 | 12,594 |
Bank of Nova Scotia | 2.050% | 6/5/19 | 10,785 | 10,748 |
Bank of Nova Scotia | 1.650% | 6/14/19 | 17,405 | 17,273 |
Bank of Nova Scotia | 2.150% | 7/14/20 | 200 | 199 |
Bank of Nova Scotia | 2.350% | 10/21/20 | 22,000 | 21,947 |
Bank of Nova Scotia | 4.375% | 1/13/21 | 1,561 | 1,646 |
Bank of Nova Scotia | 2.800% | 7/21/21 | 37,938 | 38,239 |
Bank of Nova Scotia | 2.700% | 3/7/22 | 12,510 | 12,488 |
Bank of Nova Scotia | 4.500% | 12/16/25 | 31,755 | 33,414 |
Bank One Capital III | 8.750% | 9/1/30 | 1,100 | 1,607 |
Bank One Corp. | 7.625% | 10/15/26 | 1,980 | 2,549 |
Bank One Corp. | 8.000% | 4/29/27 | 1,500 | 2,001 |
Barclays Bank plc | 5.140% | 10/14/20 | 1,435 | 1,516 |
Barclays plc | 2.750% | 11/8/19 | 14,373 | 14,413 |
Barclays plc | 2.875% | 6/8/20 | 15,050 | 15,091 |
Barclays plc | 3.250% | 1/12/21 | 21,565 | 21,760 |
Barclays plc | 3.200% | 8/10/21 | 21,300 | 21,441 |
Barclays plc | 3.684% | 1/10/23 | 26,515 | 26,891 |
Barclays plc | 4.375% | 9/11/24 | 15,300 | 15,692 |
Barclays plc | 3.650% | 3/16/25 | 32,290 | 32,280 |
Barclays plc | 4.375% | 1/12/26 | 24,151 | 25,130 |
Barclays plc | 5.200% | 5/12/26 | 18,600 | 19,844 |
Barclays plc | 4.337% | 1/10/28 | 24,194 | 24,974 |
Barclays plc | 4.836% | 5/9/28 | 7,400 | 7,675 |
Barclays plc | 5.250% | 8/17/45 | 7,720 | 8,962 |
Barclays plc | 4.950% | 1/10/47 | 14,000 | 15,591 |
BB&T Corp. | 2.050% | 6/19/18 | 11,955 | 11,959 |
BB&T Corp. | 2.250% | 2/1/19 | 3,950 | 3,955 |
BB&T Corp. | 6.850% | 4/30/19 | 8,193 | 8,680 |
BB&T Corp. | 5.250% | 11/1/19 | 10,240 | 10,754 |
BB&T Corp. | 2.450% | 1/15/20 | 14,620 | 14,662 |
BB&T Corp. | 2.150% | 2/1/21 | 7,375 | 7,299 |
BB&T Corp. | 2.050% | 5/10/21 | 14,761 | 14,552 |
BB&T Corp. | 2.750% | 4/1/22 | 6,350 | 6,392 |
BB&T Corp. | 2.850% | 10/26/24 | 6,825 | 6,752 |
BNP Paribas SA | 2.450% | 3/17/19 | 3,417 | 3,430 |
BNP Paribas SA | 2.375% | 5/21/20 | 6,975 | 6,976 |
BNP Paribas SA | 5.000% | 1/15/21 | 39,276 | 42,133 |
BNP Paribas SA | 3.250% | 3/3/23 | 21,285 | 21,665 |
BNP Paribas SA | 4.250% | 10/15/24 | 2,450 | 2,581 |
BPCE SA | 2.500% | 7/15/19 | 11,250 | 11,292 |
BPCE SA | 2.250% | 1/27/20 | 4,700 | 4,689 |
BPCE SA | 2.650% | 2/3/21 | 7,707 | 7,729 |
BPCE SA | 2.750% | 12/2/21 | 8,920 | 8,945 |
10 BPCE SA | 3.000% | 5/22/22 | 5,500 | 5,494 |
BPCE SA | 4.000% | 4/15/24 | 21,045 | 22,236 |
BPCE SA | 3.375% | 12/2/26 | 4,700 | 4,758 |
Branch Banking & Trust Co. | 1.450% | 5/10/19 | 9,525 | 9,423 |
Branch Banking & Trust Co. | 2.100% | 1/15/20 | 14,725 | 14,676 |
Branch Banking & Trust Co. | 2.250% | 6/1/20 | 17,425 | 17,405 |
Branch Banking & Trust Co. | 2.850% | 4/1/21 | 385 | 390 |
Branch Banking & Trust Co. | 2.625% | 1/15/22 | 9,500 | 9,519 |
Branch Banking & Trust Co. | 3.625% | 9/16/25 | 18,853 | 19,450 |
Branch Banking & Trust Co. | 3.800% | 10/30/26 | 2,768 | 2,888 |
Canadian Imperial Bank of Commerce | 1.600% | 9/6/19 | 8,730 | 8,635 |
Canadian Imperial Bank of Commerce | 2.100% | 10/5/20 | 12,375 | 12,270 |
Canadian Imperial Bank of Commerce | 2.550% | 6/16/22 | 19,752 | 19,616 |
29
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | ||||
Maturity | Amount | Value | |||
Coupon | Date | ($000) | ($000) | ||
Capital One Bank USA NA | 2.150% | 11/21/18 | 11,850 | 11,843 | |
Capital One Bank USA NA | 2.250% | 2/13/19 | 11,500 | 11,493 | |
Capital One Bank USA NA | 2.300% | 6/5/19 | 9,325 | 9,315 | |
Capital One Bank USA NA | 8.800% | 7/15/19 | 5,975 | 6,514 | |
Capital One Bank USA NA | 3.375% | 2/15/23 | 27,153 | 27,423 | |
Capital One Financial Corp. | 2.450% | 4/24/19 | 10,394 | 10,408 | |
Capital One Financial Corp. | 2.500% | 5/12/20 | 15,650 | 15,626 | |
Capital One Financial Corp. | 2.400% | 10/30/20 | 7,000 | 6,943 | |
Capital One Financial Corp. | 4.750% | 7/15/21 | 3,963 | 4,228 | |
Capital One Financial Corp. | 3.050% | 3/9/22 | 1,335 | 1,340 | |
Capital One Financial Corp. | 3.500% | 6/15/23 | 4,510 | 4,583 | |
Capital One Financial Corp. | 3.750% | 4/24/24 | 7,828 | 8,041 | |
Capital One Financial Corp. | 3.300% | 10/30/24 | 10,050 | 9,993 | |
Capital One Financial Corp. | 3.200% | 2/5/25 | 1,735 | 1,715 | |
Capital One Financial Corp. | 4.200% | 10/29/25 | 10,000 | 10,283 | |
Capital One Financial Corp. | 3.750% | 7/28/26 | 11,250 | 11,173 | |
Capital One Financial Corp. | 3.750% | 3/9/27 | 8,055 | 8,108 | |
Capital One NA | 2.400% | 9/5/19 | 8,535 | 8,537 | |
Capital One NA | 1.850% | 9/13/19 | 7,150 | 7,080 | |
Capital One NA | 2.350% | 1/31/20 | 14,825 | 14,774 | |
Capital One NA | 2.950% | 7/23/21 | 8,431 | 8,461 | |
Capital One NA | 2.250% | 9/13/21 | 16,300 | 15,992 | |
Capital One NA | 2.650% | 8/8/22 | 15,250 | 15,092 | |
Citibank NA | 1.850% | 9/18/19 | 22,025 | 21,866 | |
Citibank NA | 2.100% | 6/12/20 | 15,750 | 15,609 | |
Citibank NA | 2.125% | 10/20/20 | 47,000 | 46,515 | |
5,10 | Citicorp Lease Pass-Through Trust 1999-1 | 8.040% | 12/15/19 | 10,588 | 11,636 |
Citigroup Inc. | 1.800% | 2/5/18 | 11,025 | 11,023 | |
Citigroup Inc. | 1.750% | 5/1/18 | 21,947 | 21,929 | |
Citigroup Inc. | 2.550% | 4/8/19 | 16,555 | 16,609 | |
Citigroup Inc. | 2.050% | 6/7/19 | 14,925 | 14,880 | |
Citigroup Inc. | 2.500% | 7/29/19 | 2,675 | 2,681 | |
Citigroup Inc. | 2.450% | 1/10/20 | 9,450 | 9,443 | |
Citigroup Inc. | 2.400% | 2/18/20 | 18,315 | 18,277 | |
Citigroup Inc. | 5.375% | 8/9/20 | 11,673 | 12,501 | |
Citigroup Inc. | 2.650% | 10/26/20 | 6,198 | 6,228 | |
Citigroup Inc. | 2.700% | 3/30/21 | 27,735 | 27,784 | |
Citigroup Inc. | 2.350% | 8/2/21 | 5,128 | 5,063 | |
Citigroup Inc. | 2.900% | 12/8/21 | 45,878 | 46,074 | |
Citigroup Inc. | 4.500% | 1/14/22 | 35,933 | 38,228 | |
Citigroup Inc. | 2.750% | 4/25/22 | 1,000 | 995 | |
Citigroup Inc. | 4.050% | 7/30/22 | 10,570 | 10,994 | |
Citigroup Inc. | 2.700% | 10/27/22 | 9,950 | 9,842 | |
Citigroup Inc. | 3.375% | 3/1/23 | 5,600 | 5,678 | |
Citigroup Inc. | 3.500% | 5/15/23 | 19,623 | 19,918 | |
5 | Citigroup Inc. | 2.876% | 7/24/23 | 15,500 | 15,424 |
Citigroup Inc. | 3.875% | 10/25/23 | 13,345 | 13,846 | |
Citigroup Inc. | 3.750% | 6/16/24 | 26,477 | 27,359 | |
Citigroup Inc. | 4.000% | 8/5/24 | 18,929 | 19,691 | |
Citigroup Inc. | 3.875% | 3/26/25 | 10,438 | 10,683 | |
Citigroup Inc. | 3.300% | 4/27/25 | 7,882 | 7,925 | |
Citigroup Inc. | 4.400% | 6/10/25 | 51,869 | 54,642 | |
Citigroup Inc. | 5.500% | 9/13/25 | 11,703 | 13,156 | |
Citigroup Inc. | 3.700% | 1/12/26 | 8,775 | 9,012 | |
Citigroup Inc. | 4.600% | 3/9/26 | 22,967 | 24,357 | |
Citigroup Inc. | 3.400% | 5/1/26 | 12,539 | 12,571 | |
Citigroup Inc. | 3.200% | 10/21/26 | 41,382 | 40,959 | |
Citigroup Inc. | 4.450% | 9/29/27 | 18,910 | 19,942 | |
5 | Citigroup Inc. | 3.887% | 1/10/28 | 7,032 | 7,244 |
5 | Citigroup Inc. | 3.668% | 7/24/28 | 21,104 | 21,365 |
Citigroup Inc. | 4.125% | 7/25/28 | 13,175 | 13,586 | |
5 | Citigroup Inc. | 3.520% | 10/27/28 | 7,955 | 7,979 |
Citigroup Inc. | 6.625% | 6/15/32 | 4,370 | 5,562 | |
Citigroup Inc. | 6.000% | 10/31/33 | 7,445 | 9,084 |
30
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Citigroup Inc. | 6.125% | 8/25/36 | 13,964 | 17,529 |
Citigroup Inc. | 8.125% | 7/15/39 | 26,605 | 42,425 |
Citigroup Inc. | 5.875% | 1/30/42 | 13,788 | 17,975 |
Citigroup Inc. | 6.675% | 9/13/43 | 5,158 | 7,117 |
Citigroup Inc. | 4.950% | 11/7/43 | 3,036 | 3,468 |
Citigroup Inc. | 5.300% | 5/6/44 | 10,110 | 11,934 |
Citigroup Inc. | 4.650% | 7/30/45 | 11,451 | 13,030 |
Citigroup Inc. | 4.750% | 5/18/46 | 7,885 | 8,704 |
5 Citigroup Inc. | 4.281% | 4/24/48 | 10,502 | 11,283 |
Citizens Bank NA | 2.500% | 3/14/19 | 4,000 | 4,009 |
Citizens Bank NA | 2.450% | 12/4/19 | 4,300 | 4,301 |
Citizens Bank NA | 2.250% | 3/2/20 | 5,000 | 4,974 |
Citizens Bank NA | 2.200% | 5/26/20 | 12,485 | 12,387 |
Citizens Bank NA | 2.250% | 10/30/20 | 10,000 | 9,900 |
Citizens Bank NA | 2.550% | 5/13/21 | 7,230 | 7,204 |
Citizens Bank NA | 2.650% | 5/26/22 | 9,175 | 9,083 |
Citizens Financial Group Inc. | 2.375% | 7/28/21 | 1,250 | 1,234 |
Citizens Financial Group Inc. | 4.300% | 12/3/25 | 6,303 | 6,574 |
Comerica Bank | 4.000% | 7/27/25 | 50 | 52 |
Comerica Inc. | 2.125% | 5/23/19 | 2,260 | 2,249 |
Commonwealth Bank of Australia | 2.250% | 3/13/19 | 6,725 | 6,726 |
Commonwealth Bank of Australia | 2.050% | 3/15/19 | 8,650 | 8,629 |
Commonwealth Bank of Australia | 2.300% | 9/6/19 | 17,350 | 17,355 |
Commonwealth Bank of Australia | 2.400% | 11/2/20 | 12,850 | 12,819 |
Commonwealth Bank of Australia | 2.550% | 3/15/21 | 10,895 | 10,883 |
10 Commonwealth Bank of Australia | 2.750% | 3/10/22 | 15,000 | 15,044 |
Compass Bank | 2.750% | 9/29/19 | 3,858 | 3,869 |
Compass Bank | 2.875% | 6/29/22 | 19,250 | 18,973 |
Cooperatieve Rabobank UA | 2.250% | 1/14/19 | 22,424 | 22,457 |
Cooperatieve Rabobank UA | 2.500% | 1/19/21 | 51,750 | 51,894 |
Cooperatieve Rabobank UA | 2.750% | 1/10/22 | 11,552 | 11,642 |
Cooperatieve Rabobank UA | 3.875% | 2/8/22 | 40,058 | 42,071 |
Cooperatieve Rabobank UA | 3.950% | 11/9/22 | 40,648 | 42,332 |
Cooperatieve Rabobank UA | 4.625% | 12/1/23 | 17,615 | 18,835 |
Cooperatieve Rabobank UA | 3.375% | 5/21/25 | 19,104 | 19,595 |
Cooperatieve Rabobank UA | 4.375% | 8/4/25 | 14,953 | 15,772 |
Cooperatieve Rabobank UA | 3.750% | 7/21/26 | 11,705 | 11,829 |
Cooperatieve Rabobank UA | 5.250% | 5/24/41 | 9,405 | 11,890 |
Cooperatieve Rabobank UA | 5.750% | 12/1/43 | 10,475 | 13,328 |
Cooperatieve Rabobank UA | 5.250% | 8/4/45 | 10,874 | 13,145 |
Credit Suisse AG | 2.300% | 5/28/19 | 44,109 | 44,185 |
Credit Suisse AG | 5.300% | 8/13/19 | 12,525 | 13,111 |
Credit Suisse AG | 5.400% | 1/14/20 | 8,516 | 8,978 |
Credit Suisse AG | 3.000% | 10/29/21 | 29,194 | 29,507 |
Credit Suisse AG | 3.625% | 9/9/24 | 27,250 | 28,133 |
10 Credit Suisse Group AG | 3.574% | 1/9/23 | 10,000 | 10,151 |
10 Credit Suisse Group AG | 4.282% | 1/9/28 | 25,500 | 26,506 |
Credit Suisse Group Funding Guernsey Ltd. | 2.750% | 3/26/20 | 2,850 | 2,857 |
Credit Suisse Group Funding Guernsey Ltd. | 3.125% | 12/10/20 | 12,775 | 12,920 |
Credit Suisse Group Funding Guernsey Ltd. | 3.450% | 4/16/21 | 36,845 | 37,586 |
Credit Suisse Group Funding Guernsey Ltd. | 3.800% | 9/15/22 | 21,300 | 21,942 |
Credit Suisse Group Funding Guernsey Ltd. | 3.800% | 6/9/23 | 14,780 | 15,193 |
Credit Suisse Group Funding Guernsey Ltd. | 3.750% | 3/26/25 | 31,950 | 32,528 |
Credit Suisse Group Funding Guernsey Ltd. | 4.550% | 4/17/26 | 1,000 | 1,067 |
Credit Suisse Group Funding Guernsey Ltd. | 4.875% | 5/15/45 | 12,328 | 14,193 |
Credit Suisse USA Inc. | 7.125% | 7/15/32 | 11,221 | 15,474 |
Deutsche Bank AG | 2.500% | 2/13/19 | 15,581 | 15,565 |
Deutsche Bank AG | 2.850% | 5/10/19 | 9,279 | 9,304 |
Deutsche Bank AG | 2.700% | 7/13/20 | 19,000 | 18,908 |
Deutsche Bank AG | 2.950% | 8/20/20 | 7,776 | 7,786 |
Deutsche Bank AG | 3.125% | 1/13/21 | 11,832 | 11,863 |
Deutsche Bank AG | 3.375% | 5/12/21 | 10,979 | 11,076 |
Deutsche Bank AG | 4.250% | 10/14/21 | 20,001 | 20,732 |
Deutsche Bank AG | 3.300% | 11/16/22 | 27,056 | 26,929 |
31
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Deutsche Bank AG | 3.700% | 5/30/24 | 27,739 | 27,889 |
Deutsche Bank AG | 4.100% | 1/13/26 | 8,010 | 8,149 |
Discover Bank | 3.100% | 6/4/20 | 4,175 | 4,219 |
Discover Bank | 3.200% | 8/9/21 | 4,440 | 4,491 |
Discover Bank | 4.200% | 8/8/23 | 17,374 | 18,274 |
Discover Bank | 4.250% | 3/13/26 | 2,675 | 2,787 |
Discover Bank | 3.450% | 7/27/26 | 8,250 | 8,139 |
Discover Financial Services | 5.200% | 4/27/22 | 1,817 | 1,953 |
Discover Financial Services | 3.850% | 11/21/22 | 9,695 | 9,932 |
Discover Financial Services | 3.750% | 3/4/25 | 5,800 | 5,834 |
Discover Financial Services | 4.100% | 2/9/27 | 6,500 | 6,633 |
Fifth Third Bancorp | 2.300% | 3/1/19 | 4,475 | 4,476 |
Fifth Third Bancorp | 2.875% | 7/27/20 | 575 | 581 |
Fifth Third Bancorp | 3.500% | 3/15/22 | 2,251 | 2,318 |
Fifth Third Bancorp | 4.300% | 1/16/24 | 11,324 | 11,967 |
Fifth Third Bancorp | 8.250% | 3/1/38 | 8,422 | 12,868 |
Fifth Third Bank | 2.300% | 3/15/19 | 3,850 | 3,857 |
Fifth Third Bank | 2.375% | 4/25/19 | 11,700 | 11,734 |
Fifth Third Bank | 1.625% | 9/27/19 | 7,700 | 7,613 |
Fifth Third Bank | 2.200% | 10/30/20 | 2,900 | 2,879 |
Fifth Third Bank | 2.250% | 6/14/21 | 13,501 | 13,354 |
Fifth Third Bank | 2.875% | 10/1/21 | 7,504 | 7,562 |
Fifth Third Bank | 3.850% | 3/15/26 | 5,452 | 5,627 |
First Horizon National Corp. | 3.500% | 12/15/20 | 3,500 | 3,568 |
First Niagara Financial Group Inc. | 6.750% | 3/19/20 | 1,875 | 2,043 |
First Republic Bank | 2.375% | 6/17/19 | 4,100 | 4,086 |
First Republic Bank | 2.500% | 6/6/22 | 11,850 | 11,692 |
First Republic Bank | 4.375% | 8/1/46 | 2,375 | 2,418 |
First Republic Bank | 4.625% | 2/13/47 | 2,875 | 3,060 |
FirstMerit Bank NA | 4.270% | 11/25/26 | 5,750 | 5,994 |
FirstMerit Corp. | 4.350% | 2/4/23 | 2,750 | 2,867 |
Goldman Sachs Capital I | 6.345% | 2/15/34 | 12,275 | 15,344 |
Goldman Sachs Group Inc. | 2.625% | 1/31/19 | 31,273 | 31,397 |
Goldman Sachs Group Inc. | 7.500% | 2/15/19 | 24,562 | 25,966 |
Goldman Sachs Group Inc. | 1.950% | 7/23/19 | 3,500 | 3,480 |
Goldman Sachs Group Inc. | 2.550% | 10/23/19 | 26,544 | 26,593 |
Goldman Sachs Group Inc. | 2.300% | 12/13/19 | 23,650 | 23,589 |
Goldman Sachs Group Inc. | 5.375% | 3/15/20 | 39,376 | 41,723 |
Goldman Sachs Group Inc. | 2.600% | 4/23/20 | 21,524 | 21,547 |
Goldman Sachs Group Inc. | 6.000% | 6/15/20 | 34,979 | 37,759 |
Goldman Sachs Group Inc. | 2.750% | 9/15/20 | 19,261 | 19,329 |
Goldman Sachs Group Inc. | 2.875% | 2/25/21 | 15,650 | 15,765 |
Goldman Sachs Group Inc. | 2.625% | 4/25/21 | 22,300 | 22,267 |
Goldman Sachs Group Inc. | 5.250% | 7/27/21 | 14,646 | 15,875 |
Goldman Sachs Group Inc. | 2.350% | 11/15/21 | 19,370 | 19,079 |
Goldman Sachs Group Inc. | 5.750% | 1/24/22 | 62,353 | 68,953 |
Goldman Sachs Group Inc. | 3.000% | 4/26/22 | 36,834 | 36,981 |
5 Goldman Sachs Group Inc. | 2.876% | 10/31/22 | 52,950 | 52,818 |
Goldman Sachs Group Inc. | 3.625% | 1/22/23 | 31,109 | 31,996 |
5 Goldman Sachs Group Inc. | 2.908% | 6/5/23 | 24,641 | 24,434 |
5 Goldman Sachs Group Inc. | 2.905% | 7/24/23 | 23,900 | 23,691 |
Goldman Sachs Group Inc. | 4.000% | 3/3/24 | 71,704 | 75,116 |
Goldman Sachs Group Inc. | 3.850% | 7/8/24 | 13,489 | 13,972 |
Goldman Sachs Group Inc. | 3.500% | 1/23/25 | 27,028 | 27,365 |
Goldman Sachs Group Inc. | 3.750% | 5/22/25 | 128 | 131 |
5 Goldman Sachs Group Inc. | 3.272% | 9/29/25 | 40,300 | 39,985 |
Goldman Sachs Group Inc. | 4.250% | 10/21/25 | 13,620 | 14,184 |
Goldman Sachs Group Inc. | 3.750% | 2/25/26 | 30,969 | 31,769 |
Goldman Sachs Group Inc. | 3.500% | 11/16/26 | 36,235 | 36,332 |
Goldman Sachs Group Inc. | 5.950% | 1/15/27 | 9,251 | 10,772 |
Goldman Sachs Group Inc. | 3.850% | 1/26/27 | 35,300 | 36,175 |
5 Goldman Sachs Group Inc. | 3.691% | 6/5/28 | 25,550 | 25,909 |
Goldman Sachs Group Inc. | 6.125% | 2/15/33 | 28,006 | 35,682 |
Goldman Sachs Group Inc. | 6.450% | 5/1/36 | 24,715 | 31,642 |
32
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Goldman Sachs Group Inc. | 6.750% | 10/1/37 | 40,686 | 54,478 |
5 Goldman Sachs Group Inc. | 4.017% | 10/31/38 | 30,259 | 30,999 |
Goldman Sachs Group Inc. | 6.250% | 2/1/41 | 29,277 | 39,113 |
Goldman Sachs Group Inc. | 4.800% | 7/8/44 | 29,785 | 33,745 |
Goldman Sachs Group Inc. | 5.150% | 5/22/45 | 27,278 | 31,493 |
Goldman Sachs Group Inc. | 4.750% | 10/21/45 | 6,879 | 7,836 |
HSBC Bank USA NA | 4.875% | 8/24/20 | 26,550 | 28,061 |
HSBC Bank USA NA | 5.875% | 11/1/34 | 7,478 | 9,638 |
HSBC Bank USA NA | 5.625% | 8/15/35 | 3,782 | 4,777 |
HSBC Bank USA NA | 7.000% | 1/15/39 | 7,909 | 11,588 |
HSBC Holdings plc | 3.400% | 3/8/21 | 35,783 | 36,546 |
HSBC Holdings plc | 5.100% | 4/5/21 | 41,620 | 44,692 |
HSBC Holdings plc | 2.950% | 5/25/21 | 36,328 | 36,567 |
HSBC Holdings plc | 2.650% | 1/5/22 | 21,280 | 21,124 |
HSBC Holdings plc | 4.875% | 1/14/22 | 3,032 | 3,260 |
HSBC Holdings plc | 4.000% | 3/30/22 | 12,381 | 12,943 |
5 HSBC Holdings plc | 3.262% | 3/13/23 | 18,003 | 18,232 |
HSBC Holdings plc | 3.600% | 5/25/23 | 21,900 | 22,533 |
5 HSBC Holdings plc | 3.033% | 11/22/23 | 6,850 | 6,862 |
HSBC Holdings plc | 4.250% | 3/14/24 | 30,185 | 31,445 |
HSBC Holdings plc | 4.250% | 8/18/25 | 12,107 | 12,566 |
HSBC Holdings plc | 4.300% | 3/8/26 | 39,675 | 42,134 |
HSBC Holdings plc | 3.900% | 5/25/26 | 40,250 | 41,635 |
HSBC Holdings plc | 4.375% | 11/23/26 | 16,056 | 16,753 |
5 HSBC Holdings plc | 4.041% | 3/13/28 | 32,400 | 33,726 |
HSBC Holdings plc | 7.625% | 5/17/32 | 1,996 | 2,714 |
HSBC Holdings plc | 7.350% | 11/27/32 | 2,040 | 2,726 |
HSBC Holdings plc | 6.500% | 5/2/36 | 13,304 | 17,382 |
HSBC Holdings plc | 6.500% | 9/15/37 | 33,547 | 44,171 |
HSBC Holdings plc | 6.800% | 6/1/38 | 5,574 | 7,609 |
HSBC Holdings plc | 6.100% | 1/14/42 | 6,825 | 9,372 |
HSBC Holdings plc | 5.250% | 3/14/44 | 27,484 | 32,314 |
HSBC USA Inc. | 2.250% | 6/23/19 | 6,625 | 6,641 |
HSBC USA Inc. | 2.375% | 11/13/19 | 22,150 | 22,186 |
HSBC USA Inc. | 2.350% | 3/5/20 | 16,575 | 16,568 |
HSBC USA Inc. | 2.750% | 8/7/20 | 5,225 | 5,259 |
HSBC USA Inc. | 5.000% | 9/27/20 | 8,700 | 9,200 |
HSBC USA Inc. | 3.500% | 6/23/24 | 7,350 | 7,541 |
Huntington Bancshares Inc. | 7.000% | 12/15/20 | 4,200 | 4,690 |
Huntington Bancshares Inc. | 3.150% | 3/14/21 | 3,525 | 3,580 |
Huntington Bancshares Inc. | 2.300% | 1/14/22 | 10,168 | 10,005 |
Huntington National Bank | 2.375% | 3/10/20 | 19,000 | 19,002 |
Huntington National Bank | 2.400% | 4/1/20 | 12,325 | 12,304 |
Huntington National Bank | 2.875% | 8/20/20 | 7,750 | 7,814 |
Huntington National Bank | 2.500% | 8/7/22 | 12,000 | 11,834 |
ING Groep NV | 3.150% | 3/29/22 | 6,857 | 6,918 |
ING Groep NV | 3.950% | 3/29/27 | 13,946 | 14,533 |
Intesa Sanpaolo SPA | 3.875% | 1/15/19 | 9,500 | 9,644 |
Intesa Sanpaolo SPA | 5.250% | 1/12/24 | 26,381 | 28,773 |
JPMorgan Chase & Co. | 2.350% | 1/28/19 | 12,225 | 12,253 |
JPMorgan Chase & Co. | 1.850% | 3/22/19 | 14,330 | 14,274 |
JPMorgan Chase & Co. | 6.300% | 4/23/19 | 25,270 | 26,604 |
JPMorgan Chase & Co. | 2.200% | 10/22/19 | 5,161 | 5,155 |
JPMorgan Chase & Co. | 2.250% | 1/23/20 | 52,265 | 52,224 |
JPMorgan Chase & Co. | 2.750% | 6/23/20 | 50,831 | 51,268 |
JPMorgan Chase & Co. | 4.400% | 7/22/20 | 5,303 | 5,571 |
JPMorgan Chase & Co. | 4.250% | 10/15/20 | 14,840 | 15,559 |
JPMorgan Chase & Co. | 2.550% | 10/29/20 | 24,012 | 24,082 |
JPMorgan Chase & Co. | 2.550% | 3/1/21 | 21,053 | 21,076 |
JPMorgan Chase & Co. | 4.625% | 5/10/21 | 4,626 | 4,926 |
JPMorgan Chase & Co. | 2.400% | 6/7/21 | 8,745 | 8,699 |
JPMorgan Chase & Co. | 2.295% | 8/15/21 | 51,728 | 51,271 |
JPMorgan Chase & Co. | 4.350% | 8/15/21 | 26,809 | 28,387 |
JPMorgan Chase & Co. | 4.500% | 1/24/22 | 31,497 | 33,622 |
33
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
JPMorgan Chase & Co. | 3.250% | 9/23/22 | 20,707 | 21,123 |
JPMorgan Chase & Co. | 2.972% | 1/15/23 | 46,758 | 46,952 |
JPMorgan Chase & Co. | 3.200% | 1/25/23 | 50,547 | 51,393 |
5 JPMorgan Chase & Co. | 2.776% | 4/25/23 | 20,000 | 19,882 |
JPMorgan Chase & Co. | 3.375% | 5/1/23 | 28,849 | 29,331 |
JPMorgan Chase & Co. | 2.700% | 5/18/23 | 18,276 | 18,156 |
JPMorgan Chase & Co. | 3.875% | 2/1/24 | 25,270 | 26,455 |
JPMorgan Chase & Co. | 3.625% | 5/13/24 | 46,657 | 48,348 |
JPMorgan Chase & Co. | 3.875% | 9/10/24 | 32,822 | 34,076 |
JPMorgan Chase & Co. | 3.125% | 1/23/25 | 27,245 | 27,349 |
5 JPMorgan Chase & Co. | 3.220% | 3/1/25 | 21,300 | 21,366 |
JPMorgan Chase & Co. | 3.900% | 7/15/25 | 26,849 | 28,035 |
JPMorgan Chase & Co. | 3.300% | 4/1/26 | 55,233 | 55,452 |
JPMorgan Chase & Co. | 3.200% | 6/15/26 | 26,015 | 25,892 |
JPMorgan Chase & Co. | 2.950% | 10/1/26 | 28,275 | 27,764 |
JPMorgan Chase & Co. | 4.125% | 12/15/26 | 33,818 | 35,657 |
JPMorgan Chase & Co. | 4.250% | 10/1/27 | 10,907 | 11,564 |
JPMorgan Chase & Co. | 3.625% | 12/1/27 | 10,600 | 10,715 |
5 JPMorgan Chase & Co. | 3.782% | 2/1/28 | 23,106 | 23,910 |
5 JPMorgan Chase & Co. | 3.540% | 5/1/28 | 28,850 | 29,252 |
JPMorgan Chase & Co. | 6.400% | 5/15/38 | 25,717 | 35,248 |
5 JPMorgan Chase & Co. | 3.882% | 7/24/38 | 26,445 | 27,054 |
JPMorgan Chase & Co. | 5.500% | 10/15/40 | 36,107 | 45,437 |
JPMorgan Chase & Co. | 5.600% | 7/15/41 | 12,745 | 16,327 |
JPMorgan Chase & Co. | 5.400% | 1/6/42 | 9,599 | 12,047 |
JPMorgan Chase & Co. | 5.625% | 8/16/43 | 6,860 | 8,515 |
JPMorgan Chase & Co. | 4.850% | 2/1/44 | 1,950 | 2,310 |
JPMorgan Chase & Co. | 4.950% | 6/1/45 | 10,200 | 11,720 |
5 JPMorgan Chase & Co. | 4.260% | 2/22/48 | 19,271 | 20,664 |
5 JPMorgan Chase & Co. | 4.032% | 7/24/48 | 20,020 | 20,712 |
5 JPMorgan Chase & Co. | 3.964% | 11/15/48 | 23,606 | 24,356 |
JPMorgan Chase Bank NA | 1.650% | 9/23/19 | 14,625 | 14,503 |
KeyBank NA | 2.350% | 3/8/19 | 8,775 | 8,789 |
KeyBank NA | 2.500% | 12/15/19 | 5,500 | 5,512 |
KeyBank NA | 2.250% | 3/16/20 | 2,780 | 2,772 |
KeyBank NA | 2.500% | 11/22/21 | 3,519 | 3,501 |
KeyBank NA | 2.400% | 6/9/22 | 2,695 | 2,658 |
KeyBank NA | 2.300% | 9/14/22 | 10,000 | 9,793 |
KeyBank NA | 3.300% | 6/1/25 | 7,726 | 7,846 |
KeyBank NA | 3.400% | 5/20/26 | 12,750 | 12,709 |
5 KeyBank NA | 3.180% | 10/15/27 | 500 | 504 |
KeyBank NA | 6.950% | 2/1/28 | 1,290 | 1,609 |
KeyCorp | 2.900% | 9/15/20 | 1,280 | 1,291 |
KeyCorp | 5.100% | 3/24/21 | 9,207 | 9,926 |
Lloyds Bank plc | 2.300% | 11/27/18 | 9,850 | 9,869 |
Lloyds Bank plc | 2.050% | 1/22/19 | 3,775 | 3,766 |
Lloyds Bank plc | 2.700% | 8/17/20 | 8,200 | 8,231 |
Lloyds Bank plc | 6.375% | 1/21/21 | 11,050 | 12,253 |
Lloyds Bank plc | 3.500% | 5/14/25 | 500 | 515 |
Lloyds Banking Group plc | 3.000% | 1/11/22 | 9,904 | 9,932 |
5 Lloyds Banking Group plc | 2.907% | 11/7/23 | 16,400 | 16,240 |
Lloyds Banking Group plc | 4.500% | 11/4/24 | 13,001 | 13,628 |
Lloyds Banking Group plc | 4.582% | 12/10/25 | 37,055 | 38,702 |
Lloyds Banking Group plc | 4.650% | 3/24/26 | 10,582 | 11,132 |
Lloyds Banking Group plc | 3.750% | 1/11/27 | 13,482 | 13,663 |
5 Lloyds Banking Group plc | 3.574% | 11/7/28 | 16,400 | 16,251 |
Lloyds Banking Group plc | 5.300% | 12/1/45 | 2,052 | 2,412 |
Manufacturers & Traders Trust Co. | 2.300% | 1/30/19 | 28,850 | 28,879 |
Manufacturers & Traders Trust Co. | 2.250% | 7/25/19 | 8,000 | 8,000 |
Manufacturers & Traders Trust Co. | 2.100% | 2/6/20 | 15,200 | 15,132 |
Manufacturers & Traders Trust Co. | 2.500% | 5/18/22 | 1,250 | 1,242 |
Manufacturers & Traders Trust Co. | 2.900% | 2/6/25 | 7,825 | 7,773 |
Mitsubishi UFJ Financial Group Inc. | 2.950% | 3/1/21 | 40,591 | 40,951 |
Mitsubishi UFJ Financial Group Inc. | 2.190% | 9/13/21 | 30,090 | 29,497 |
34
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Mitsubishi UFJ Financial Group Inc. | 2.665% | 7/25/22 | 25,100 | 24,792 |
Mitsubishi UFJ Financial Group Inc. | 2.527% | 9/13/23 | 2,500 | 2,429 |
Mitsubishi UFJ Financial Group Inc. | 3.850% | 3/1/26 | 32,250 | 33,358 |
Mitsubishi UFJ Financial Group Inc. | 2.757% | 9/13/26 | 9,325 | 8,901 |
Mitsubishi UFJ Financial Group Inc. | 3.677% | 2/22/27 | 30,600 | 31,322 |
Mitsubishi UFJ Financial Group Inc. | 3.287% | 7/25/27 | 25,400 | 25,076 |
Mizuho Financial Group Inc. | 2.953% | 2/28/22 | 500 | 500 |
Mizuho Financial Group Inc. | 3.663% | 2/28/27 | 2,000 | 2,047 |
Morgan Stanley | 2.500% | 1/24/19 | 32,022 | 32,151 |
Morgan Stanley | 2.450% | 2/1/19 | 18,990 | 19,027 |
Morgan Stanley | 7.300% | 5/13/19 | 39,349 | 41,950 |
Morgan Stanley | 2.375% | 7/23/19 | 19,458 | 19,464 |
Morgan Stanley | 5.625% | 9/23/19 | 35,200 | 37,106 |
Morgan Stanley | 5.500% | 1/26/20 | 8,164 | 8,650 |
Morgan Stanley | 2.650% | 1/27/20 | 23,022 | 23,115 |
Morgan Stanley | 2.800% | 6/16/20 | 19,907 | 20,058 |
Morgan Stanley | 5.500% | 7/24/20 | 3,142 | 3,367 |
Morgan Stanley | 5.750% | 1/25/21 | 21,310 | 23,206 |
Morgan Stanley | 2.500% | 4/21/21 | 5,114 | 5,099 |
Morgan Stanley | 5.500% | 7/28/21 | 12,071 | 13,200 |
Morgan Stanley | 2.625% | 11/17/21 | 47,817 | 47,542 |
Morgan Stanley | 2.750% | 5/19/22 | 31,350 | 31,168 |
Morgan Stanley | 4.875% | 11/1/22 | 22,488 | 24,178 |
Morgan Stanley | 3.750% | 2/25/23 | 66,485 | 68,934 |
Morgan Stanley | 4.100% | 5/22/23 | 21,836 | 22,688 |
Morgan Stanley | 3.875% | 4/29/24 | 43,263 | 45,137 |
Morgan Stanley | 3.700% | 10/23/24 | 45,194 | 46,580 |
Morgan Stanley | 4.000% | 7/23/25 | 43,388 | 45,272 |
Morgan Stanley | 5.000% | 11/24/25 | 21,864 | 23,896 |
Morgan Stanley | 3.875% | 1/27/26 | 39,041 | 40,606 |
Morgan Stanley | 3.125% | 7/27/26 | 32,901 | 32,463 |
Morgan Stanley | 6.250% | 8/9/26 | 11,727 | 14,003 |
Morgan Stanley | 4.350% | 9/8/26 | 25,860 | 27,088 |
Morgan Stanley | 3.625% | 1/20/27 | 33,300 | 33,971 |
Morgan Stanley | 3.950% | 4/23/27 | 16,801 | 17,017 |
5 Morgan Stanley | 3.591% | 7/22/28 | 50,325 | 50,675 |
Morgan Stanley | 7.250% | 4/1/32 | 7,502 | 10,324 |
5 Morgan Stanley | 3.971% | 7/22/38 | 20,977 | 21,570 |
Morgan Stanley | 6.375% | 7/24/42 | 33,787 | 46,955 |
Morgan Stanley | 4.300% | 1/27/45 | 36,313 | 38,947 |
Morgan Stanley | 4.375% | 1/22/47 | 12,125 | 13,176 |
MUFG Americas Holdings Corp. | 2.250% | 2/10/20 | 10,850 | 10,808 |
MUFG Americas Holdings Corp. | 3.500% | 6/18/22 | 16,668 | 17,019 |
MUFG Americas Holdings Corp. | 3.000% | 2/10/25 | 7,000 | 6,888 |
MUFG Union Bank NA | 2.250% | 5/6/19 | 4,925 | 4,920 |
National Australia Bank Ltd. | 2.000% | 1/14/19 | 4,650 | 4,639 |
National Australia Bank Ltd. | 1.375% | 7/12/19 | 9,500 | 9,383 |
National Australia Bank Ltd. | 2.125% | 5/22/20 | 25,800 | 25,607 |
National Australia Bank Ltd. | 2.625% | 1/14/21 | 10,247 | 10,274 |
National Australia Bank Ltd. | 1.875% | 7/12/21 | 9,654 | 9,415 |
National Australia Bank Ltd. | 2.800% | 1/10/22 | 6,004 | 6,028 |
National Australia Bank Ltd. | 2.500% | 5/22/22 | 18,024 | 17,850 |
National Australia Bank Ltd. | 3.000% | 1/20/23 | 850 | 856 |
National Australia Bank Ltd. | 3.375% | 1/14/26 | 6,752 | 6,852 |
National Australia Bank Ltd. | 2.500% | 7/12/26 | 19,984 | 18,955 |
National Bank of Canada | 2.150% | 6/12/20 | 10,300 | 10,252 |
National Bank of Canada | 2.200% | 11/2/20 | 10,265 | 10,187 |
National City Corp. | 6.875% | 5/15/19 | 1,690 | 1,793 |
Northern Trust Corp. | 3.450% | 11/4/20 | 7,820 | 8,037 |
Northern Trust Corp. | 3.375% | 8/23/21 | 2,043 | 2,102 |
Northern Trust Corp. | 2.375% | 8/2/22 | 6,300 | 6,298 |
Northern Trust Corp. | 3.950% | 10/30/25 | 8,975 | 9,492 |
5 Northern Trust Corp. | 3.375% | 5/8/32 | 3,850 | 3,813 |
People's United Bank NA | 4.000% | 7/15/24 | 3,850 | 3,913 |
35
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
People's United Financial Inc. | 3.650% | 12/6/22 | 4,650 | 4,766 |
PNC Bank NA | 1.950% | 3/4/19 | 4,750 | 4,738 |
PNC Bank NA | 2.250% | 7/2/19 | 5,475 | 5,475 |
PNC Bank NA | 1.450% | 7/29/19 | 7,500 | 7,405 |
PNC Bank NA | 2.400% | 10/18/19 | 22,305 | 22,330 |
PNC Bank NA | 2.000% | 5/19/20 | 4,620 | 4,582 |
PNC Bank NA | 2.300% | 6/1/20 | 10,978 | 10,942 |
PNC Bank NA | 2.600% | 7/21/20 | 5,520 | 5,552 |
PNC Bank NA | 2.450% | 11/5/20 | 10,810 | 10,819 |
PNC Bank NA | 2.150% | 4/29/21 | 22,150 | 21,923 |
PNC Bank NA | 2.550% | 12/9/21 | 5,800 | 5,793 |
PNC Bank NA | 2.625% | 2/17/22 | 20,000 | 20,010 |
PNC Bank NA | 2.700% | 11/1/22 | 8,629 | 8,585 |
PNC Bank NA | 2.950% | 1/30/23 | 10,077 | 10,081 |
PNC Bank NA | 3.800% | 7/25/23 | 15,775 | 16,447 |
PNC Bank NA | 3.300% | 10/30/24 | 5,225 | 5,335 |
PNC Bank NA | 2.950% | 2/23/25 | 8,675 | 8,617 |
PNC Bank NA | 3.250% | 6/1/25 | 9,025 | 9,164 |
PNC Bank NA | 3.100% | 10/25/27 | 7,900 | 7,870 |
PNC Financial Services Group Inc. | 2.854% | 11/9/22 | 14,450 | 14,471 |
PNC Financial Services Group Inc. | 3.900% | 4/29/24 | 20,535 | 21,491 |
PNC Financial Services Group Inc. | 3.150% | 5/19/27 | 10,250 | 10,230 |
PNC Funding Corp. | 6.700% | 6/10/19 | 6,529 | 6,929 |
PNC Funding Corp. | 5.125% | 2/8/20 | 11,893 | 12,554 |
PNC Funding Corp. | 4.375% | 8/11/20 | 19,240 | 20,184 |
PNC Funding Corp. | 3.300% | 3/8/22 | 10,784 | 11,053 |
Regions Bank | 6.450% | 6/26/37 | 3,371 | 4,276 |
Regions Financial Corp. | 3.200% | 2/8/21 | 2,761 | 2,809 |
Regions Financial Corp. | 2.750% | 8/14/22 | 5,229 | 5,195 |
Regions Financial Corp. | 7.375% | 12/10/37 | 4,105 | 5,732 |
Royal Bank of Canada | 2.150% | 3/15/19 | 4,293 | 4,294 |
Royal Bank of Canada | 1.625% | 4/15/19 | 4,440 | 4,411 |
Royal Bank of Canada | 1.500% | 7/29/19 | 12,785 | 12,647 |
Royal Bank of Canada | 2.125% | 3/2/20 | 25,650 | 25,545 |
Royal Bank of Canada | 2.150% | 3/6/20 | 500 | 498 |
Royal Bank of Canada | 2.150% | 10/26/20 | 10,400 | 10,321 |
Royal Bank of Canada | 2.350% | 10/30/20 | 24,503 | 24,483 |
Royal Bank of Canada | 2.500% | 1/19/21 | 18,092 | 18,121 |
Royal Bank of Canada | 2.750% | 2/1/22 | 21,511 | 21,714 |
Royal Bank of Canada | 4.650% | 1/27/26 | 10,918 | 11,766 |
5 Royal Bank of Scotland Group plc | 3.498% | 5/15/23 | 13,700 | 13,719 |
Royal Bank of Scotland Group plc | 3.875% | 9/12/23 | 37,639 | 38,254 |
Royal Bank of Scotland Group plc | 4.800% | 4/5/26 | 4,631 | 4,972 |
Santander Holdings USA Inc. | 2.700% | 5/24/19 | 24,090 | 24,125 |
Santander Holdings USA Inc. | 2.650% | 4/17/20 | 4,750 | 4,739 |
10 Santander Holdings USA Inc. | 3.700% | 3/28/22 | 21,090 | 21,333 |
10 Santander Holdings USA Inc. | 3.400% | 1/18/23 | 11,400 | 11,355 |
Santander Holdings USA Inc. | 4.500% | 7/17/25 | 8,915 | 9,276 |
10 Santander Holdings USA Inc. | 4.400% | 7/13/27 | 9,875 | 10,095 |
Santander Issuances SAU | 5.179% | 11/19/25 | 23,608 | 25,415 |
Santander UK Group Holdings plc | 2.875% | 10/16/20 | 14,450 | 14,506 |
Santander UK Group Holdings plc | 3.125% | 1/8/21 | 17,500 | 17,676 |
Santander UK Group Holdings plc | 2.875% | 8/5/21 | 11,381 | 11,369 |
Santander UK Group Holdings plc | 3.571% | 1/10/23 | 6,831 | 6,918 |
5 Santander UK Group Holdings plc | 3.823% | 11/3/28 | 7,013 | 7,012 |
Santander UK plc | 2.500% | 3/14/19 | 32,750 | 32,841 |
Santander UK plc | 2.350% | 9/10/19 | 7,985 | 7,987 |
Santander UK plc | 2.375% | 3/16/20 | 3,525 | 3,525 |
Santander UK plc | 4.000% | 3/13/24 | 17,890 | 18,817 |
Skandinaviska Enskilda Banken AB | 2.300% | 3/11/20 | 5,500 | 5,487 |
Skandinaviska Enskilda Banken AB | 2.625% | 3/15/21 | 15,720 | 15,782 |
Skandinaviska Enskilda Banken AB | 1.875% | 9/13/21 | 31,400 | 30,619 |
Skandinaviska Enskilda Banken AB | 2.800% | 3/11/22 | 8,100 | 8,172 |
State Street Corp. | 4.375% | 3/7/21 | 805 | 852 |
36
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
State Street Corp. | 1.950% | 5/19/21 | 7,175 | 7,073 |
5 State Street Corp. | 2.653% | 5/15/23 | 5,850 | 5,841 |
State Street Corp. | 3.100% | 5/15/23 | 9,208 | 9,289 |
State Street Corp. | 3.700% | 11/20/23 | 6,964 | 7,324 |
State Street Corp. | 3.300% | 12/16/24 | 10,900 | 11,239 |
State Street Corp. | 3.550% | 8/18/25 | 18,266 | 18,890 |
State Street Corp. | 2.650% | 5/19/26 | 7,465 | 7,254 |
Sumitomo Mitsui Banking Corp. | 2.450% | 1/10/19 | 6,825 | 6,840 |
Sumitomo Mitsui Banking Corp. | 1.966% | 1/11/19 | 17,000 | 16,961 |
Sumitomo Mitsui Banking Corp. | 2.250% | 7/11/19 | 3,800 | 3,796 |
Sumitomo Mitsui Banking Corp. | 2.092% | 10/18/19 | 14,200 | 14,133 |
Sumitomo Mitsui Banking Corp. | 2.450% | 1/16/20 | 200 | 200 |
Sumitomo Mitsui Banking Corp. | 2.650% | 7/23/20 | 4,850 | 4,874 |
Sumitomo Mitsui Banking Corp. | 2.450% | 10/20/20 | 3,250 | 3,238 |
Sumitomo Mitsui Banking Corp. | 3.200% | 7/18/22 | 5,027 | 5,079 |
Sumitomo Mitsui Banking Corp. | 3.000% | 1/18/23 | 550 | 550 |
Sumitomo Mitsui Banking Corp. | 3.950% | 7/19/23 | 9,998 | 10,456 |
Sumitomo Mitsui Banking Corp. | 3.950% | 1/10/24 | 9,850 | 10,370 |
Sumitomo Mitsui Banking Corp. | 3.400% | 7/11/24 | 7,050 | 7,222 |
Sumitomo Mitsui Banking Corp. | 3.650% | 7/23/25 | 3,100 | 3,203 |
Sumitomo Mitsui Financial Group Inc. | 2.934% | 3/9/21 | 14,038 | 14,148 |
Sumitomo Mitsui Financial Group Inc. | 2.058% | 7/14/21 | 13,075 | 12,766 |
Sumitomo Mitsui Financial Group Inc. | 2.442% | 10/19/21 | 10,729 | 10,597 |
Sumitomo Mitsui Financial Group Inc. | 2.846% | 1/11/22 | 10,004 | 10,008 |
Sumitomo Mitsui Financial Group Inc. | 2.784% | 7/12/22 | 25,408 | 25,225 |
Sumitomo Mitsui Financial Group Inc. | 2.778% | 10/18/22 | 9,804 | 9,731 |
Sumitomo Mitsui Financial Group Inc. | 3.784% | 3/9/26 | 12,568 | 12,951 |
Sumitomo Mitsui Financial Group Inc. | 2.632% | 7/14/26 | 40,394 | 38,216 |
Sumitomo Mitsui Financial Group Inc. | 3.010% | 10/19/26 | 6,550 | 6,360 |
Sumitomo Mitsui Financial Group Inc. | 3.446% | 1/11/27 | 10,505 | 10,563 |
Sumitomo Mitsui Financial Group Inc. | 3.364% | 7/12/27 | 20,308 | 20,225 |
SunTrust Bank | 2.250% | 1/31/20 | 14,375 | 14,336 |
SunTrust Bank | 2.750% | 5/1/23 | 6,175 | 6,117 |
SunTrust Bank | 3.300% | 5/15/26 | 7,025 | 6,942 |
SunTrust Banks Inc. | 2.500% | 5/1/19 | 4,040 | 4,056 |
SunTrust Banks Inc. | 2.900% | 3/3/21 | 4,957 | 4,986 |
SunTrust Banks Inc. | 2.700% | 1/27/22 | 12,969 | 12,933 |
SVB Financial Group | 3.500% | 1/29/25 | 4,475 | 4,490 |
Svenska Handelsbanken AB | 2.500% | 1/25/19 | 10,025 | 10,064 |
Svenska Handelsbanken AB | 2.250% | 6/17/19 | 13,860 | 13,879 |
Svenska Handelsbanken AB | 1.500% | 9/6/19 | 25,425 | 25,112 |
Svenska Handelsbanken AB | 2.400% | 10/1/20 | 5,300 | 5,300 |
Svenska Handelsbanken AB | 2.450% | 3/30/21 | 8,982 | 8,972 |
Svenska Handelsbanken AB | 1.875% | 9/7/21 | 8,503 | 8,304 |
Synchrony Bank | 3.000% | 6/15/22 | 4,107 | 4,081 |
Synchrony Financial | 2.600% | 1/15/19 | 12,164 | 12,185 |
Synchrony Financial | 3.000% | 8/15/19 | 5,274 | 5,312 |
Synchrony Financial | 2.700% | 2/3/20 | 7,595 | 7,611 |
Synchrony Financial | 3.750% | 8/15/21 | 6,338 | 6,490 |
Synchrony Financial | 4.250% | 8/15/24 | 29,821 | 30,856 |
Synchrony Financial | 4.500% | 7/23/25 | 16,574 | 17,325 |
Synchrony Financial | 3.700% | 8/4/26 | 8,660 | 8,519 |
Synchrony Financial | 3.950% | 12/1/27 | 11,225 | 11,175 |
Synovus Financial Corp. | 3.125% | 11/1/22 | 2,200 | 2,184 |
Toronto-Dominion Bank | 1.950% | 1/22/19 | 1,458 | 1,457 |
Toronto-Dominion Bank | 2.125% | 7/2/19 | 7,325 | 7,334 |
Toronto-Dominion Bank | 1.450% | 8/13/19 | 11,975 | 11,844 |
Toronto-Dominion Bank | 2.250% | 11/5/19 | 31,097 | 31,134 |
Toronto-Dominion Bank | 2.500% | 12/14/20 | 11,606 | 11,642 |
Toronto-Dominion Bank | 2.125% | 4/7/21 | 20,587 | 20,388 |
Toronto-Dominion Bank | 1.800% | 7/13/21 | 14,451 | 14,114 |
5 Toronto-Dominion Bank | 3.625% | 9/15/31 | 9,540 | 9,526 |
UBS AG | 2.375% | 8/14/19 | 17,976 | 17,985 |
UBS AG | 2.350% | 3/26/20 | 4,640 | 4,640 |
37
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
UBS AG | 4.875% | 8/4/20 | 2,510 | 2,658 |
10 UBS AG | 2.450% | 12/1/20 | 22,580 | 22,498 |
10 UBS Group Funding Jersey Ltd. | 2.950% | 9/24/20 | 160 | 161 |
US Bancorp | 2.200% | 4/25/19 | 15,815 | 15,840 |
US Bancorp | 2.350% | 1/29/21 | 9,034 | 9,017 |
US Bancorp | 4.125% | 5/24/21 | 7,227 | 7,609 |
US Bancorp | 2.625% | 1/24/22 | 17,864 | 17,967 |
US Bancorp | 3.000% | 3/15/22 | 2,254 | 2,298 |
US Bancorp | 2.950% | 7/15/22 | 17,028 | 17,214 |
US Bancorp | 3.600% | 9/11/24 | 2,355 | 2,429 |
US Bancorp | 3.100% | 4/27/26 | 6,295 | 6,224 |
US Bancorp | 2.375% | 7/22/26 | 7,500 | 7,043 |
US Bancorp | 3.150% | 4/27/27 | 15,025 | 15,043 |
US Bank NA | 1.400% | 4/26/19 | 8,600 | 8,523 |
US Bank NA | 2.125% | 10/28/19 | 14,250 | 14,243 |
US Bank NA | 2.000% | 1/24/20 | 14,475 | 14,411 |
US Bank NA | 2.050% | 10/23/20 | 9,500 | 9,423 |
US Bank NA | 2.800% | 1/27/25 | 20,379 | 20,218 |
Wachovia Bank NA | 5.850% | 2/1/37 | 16,029 | 20,445 |
Wachovia Corp. | 6.605% | 10/1/25 | 3,175 | 3,773 |
Wachovia Corp. | 5.500% | 8/1/35 | 13,127 | 15,715 |
Wachovia Corp. | 6.550% | 10/15/35 | 7,625 | 9,670 |
Wells Fargo & Co. | 2.150% | 1/15/19 | 6,410 | 6,414 |
Wells Fargo & Co. | 2.125% | 4/22/19 | 2,556 | 2,555 |
Wells Fargo & Co. | 2.150% | 1/30/20 | 6,744 | 6,729 |
Wells Fargo & Co. | 2.600% | 7/22/20 | 32,858 | 33,012 |
Wells Fargo & Co. | 2.550% | 12/7/20 | 22,516 | 22,599 |
Wells Fargo & Co. | 3.000% | 1/22/21 | 15,295 | 15,495 |
Wells Fargo & Co. | 2.500% | 3/4/21 | 33,235 | 33,222 |
Wells Fargo & Co. | 4.600% | 4/1/21 | 20,825 | 22,137 |
Wells Fargo & Co. | 2.100% | 7/26/21 | 58,126 | 57,099 |
Wells Fargo & Co. | 3.500% | 3/8/22 | 23,190 | 23,916 |
Wells Fargo & Co. | 2.625% | 7/22/22 | 37,850 | 37,629 |
Wells Fargo & Co. | 3.069% | 1/24/23 | 30,450 | 30,666 |
Wells Fargo & Co. | 3.450% | 2/13/23 | 19,848 | 20,228 |
Wells Fargo & Co. | 4.125% | 8/15/23 | 14,764 | 15,513 |
Wells Fargo & Co. | 4.480% | 1/16/24 | 11,057 | 11,882 |
Wells Fargo & Co. | 3.300% | 9/9/24 | 22,666 | 22,986 |
Wells Fargo & Co. | 3.000% | 2/19/25 | 19,849 | 19,642 |
Wells Fargo & Co. | 3.550% | 9/29/25 | 26,295 | 26,931 |
Wells Fargo & Co. | 3.000% | 4/22/26 | 29,322 | 28,782 |
Wells Fargo & Co. | 4.100% | 6/3/26 | 41,531 | 43,598 |
Wells Fargo & Co. | 3.000% | 10/23/26 | 35,170 | 34,278 |
Wells Fargo & Co. | 4.300% | 7/22/27 | 15,005 | 15,967 |
5 Wells Fargo & Co. | 3.584% | 5/22/28 | 25,175 | 25,656 |
Wells Fargo & Co. | 5.375% | 2/7/35 | 13,219 | 16,014 |
Wells Fargo & Co. | 5.375% | 11/2/43 | 32,849 | 39,098 |
Wells Fargo & Co. | 5.606% | 1/15/44 | 26,374 | 32,522 |
Wells Fargo & Co. | 4.650% | 11/4/44 | 15,615 | 17,017 |
Wells Fargo & Co. | 3.900% | 5/1/45 | 25,400 | 26,200 |
Wells Fargo & Co. | 4.900% | 11/17/45 | 29,657 | 33,547 |
Wells Fargo & Co. | 4.400% | 6/14/46 | 15,827 | 16,743 |
Wells Fargo & Co. | 4.750% | 12/7/46 | 8,200 | 9,120 |
Wells Fargo Bank NA | 1.750% | 5/24/19 | 47,515 | 47,240 |
Wells Fargo Bank NA | 2.150% | 12/6/19 | 25,500 | 25,445 |
Wells Fargo Bank NA | 5.950% | 8/26/36 | 11,453 | 14,640 |
Wells Fargo Bank NA | 6.600% | 1/15/38 | 10,494 | 14,634 |
5 Wells Fargo Capital X | 5.950% | 12/1/86 | 3,907 | 4,459 |
Westpac Banking Corp. | 2.250% | 1/17/19 | 11,980 | 11,998 |
Westpac Banking Corp. | 1.650% | 5/13/19 | 10,200 | 10,125 |
Westpac Banking Corp. | 1.600% | 8/19/19 | 11,000 | 10,879 |
Westpac Banking Corp. | 4.875% | 11/19/19 | 17,404 | 18,212 |
Westpac Banking Corp. | 2.150% | 3/6/20 | 23,375 | 23,262 |
Westpac Banking Corp. | 2.300% | 5/26/20 | 13,100 | 13,070 |
38
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Westpac Banking Corp. | 2.600% | 11/23/20 | 21,525 | 21,609 |
Westpac Banking Corp. | 2.100% | 5/13/21 | 39,250 | 38,715 |
Westpac Banking Corp. | 2.000% | 8/19/21 | 16,200 | 15,901 |
Westpac Banking Corp. | 2.800% | 1/11/22 | 14,900 | 14,993 |
Westpac Banking Corp. | 2.500% | 6/28/22 | 25,000 | 24,817 |
Westpac Banking Corp. | 2.750% | 1/11/23 | 7,700 | 7,673 |
Westpac Banking Corp. | 2.850% | 5/13/26 | 23,225 | 22,625 |
Westpac Banking Corp. | 2.700% | 8/19/26 | 18,675 | 17,942 |
Westpac Banking Corp. | 3.350% | 3/8/27 | 16,125 | 16,259 |
5 Westpac Banking Corp. | 4.322% | 11/23/31 | 29,000 | 29,785 |
Brokerage (0.2%) | ||||
Affiliated Managers Group Inc. | 4.250% | 2/15/24 | 8,525 | 9,011 |
Affiliated Managers Group Inc. | 3.500% | 8/1/25 | 10,650 | 10,710 |
Ameriprise Financial Inc. | 7.300% | 6/28/19 | 2,227 | 2,386 |
Ameriprise Financial Inc. | 5.300% | 3/15/20 | 3,942 | 4,179 |
Ameriprise Financial Inc. | 4.000% | 10/15/23 | 10,713 | 11,339 |
Ameriprise Financial Inc. | 3.700% | 10/15/24 | 5,530 | 5,747 |
Ameriprise Financial Inc. | 2.875% | 9/15/26 | 100 | 97 |
Apollo Investment Corp. | 5.250% | 3/3/25 | 2,475 | 2,527 |
10 Apollo Management Holdings LP | 4.400% | 5/27/26 | 150 | 157 |
BGC Partners Inc. | 5.375% | 12/9/19 | 412 | 430 |
BGC Partners Inc. | 5.125% | 5/27/21 | 2,625 | 2,759 |
BlackRock Inc. | 5.000% | 12/10/19 | 7,923 | 8,324 |
BlackRock Inc. | 4.250% | 5/24/21 | 6,540 | 6,902 |
BlackRock Inc. | 3.375% | 6/1/22 | 12,075 | 12,460 |
BlackRock Inc. | 3.500% | 3/18/24 | 17,225 | 17,883 |
BlackRock Inc. | 3.200% | 3/15/27 | 400 | 403 |
Brookfield Asset Management Inc. | 4.000% | 1/15/25 | 5,745 | 5,863 |
Brookfield Finance Inc. | 4.250% | 6/2/26 | 2,200 | 2,268 |
Brookfield Finance LLC | 4.000% | 4/1/24 | 7,625 | 7,848 |
CBOE Global Markets Inc. | 1.950% | 6/28/19 | 2,400 | 2,385 |
Cboe Global Markets Inc. | 3.650% | 1/12/27 | 6,625 | 6,824 |
Charles Schwab Corp. | 4.450% | 7/22/20 | 10,850 | 11,439 |
Charles Schwab Corp. | 3.225% | 9/1/22 | 3,955 | 4,015 |
Charles Schwab Corp. | 2.650% | 1/25/23 | 5,325 | 5,307 |
Charles Schwab Corp. | 3.450% | 2/13/26 | 3,445 | 3,530 |
Charles Schwab Corp. | 3.200% | 3/2/27 | 12,300 | 12,362 |
Charles Schwab Corp. | 3.200% | 1/25/28 | 5,325 | 5,314 |
CME Group Inc. | 3.000% | 9/15/22 | 7,887 | 8,025 |
CME Group Inc. | 3.000% | 3/15/25 | 5,829 | 5,915 |
CME Group Inc. | 5.300% | 9/15/43 | 7,357 | 9,424 |
E*TRADE Financial Corp. | 2.950% | 8/24/22 | 300 | 298 |
E*TRADE Financial Corp. | 3.800% | 8/24/27 | 6,150 | 6,123 |
Eaton Vance Corp. | 3.625% | 6/15/23 | 1,900 | 1,960 |
Eaton Vance Corp. | 3.500% | 4/6/27 | 4,530 | 4,613 |
10 FMR LLC | 7.490% | 6/15/19 | 800 | 855 |
Franklin Resources Inc. | 4.625% | 5/20/20 | 1,550 | 1,628 |
Franklin Resources Inc. | 2.800% | 9/15/22 | 10,550 | 10,585 |
Franklin Resources Inc. | 2.850% | 3/30/25 | 1,885 | 1,867 |
Intercontinental Exchange Inc. | 2.750% | 12/1/20 | 11,810 | 11,923 |
Intercontinental Exchange Inc. | 4.000% | 10/15/23 | 13,771 | 14,593 |
Intercontinental Exchange Inc. | 3.750% | 12/1/25 | 10,110 | 10,609 |
Intercontinental Exchange Inc. | 3.100% | 9/15/27 | 2,110 | 2,109 |
Invesco Finance plc | 3.125% | 11/30/22 | 7,092 | 7,131 |
Invesco Finance plc | 4.000% | 1/30/24 | 4,253 | 4,478 |
Invesco Finance plc | 3.750% | 1/15/26 | 1,815 | 1,875 |
Invesco Finance plc | 5.375% | 11/30/43 | 11,400 | 14,054 |
Janus Capital Group Inc. | 4.875% | 8/1/25 | 3,950 | 4,234 |
Jefferies Group LLC | 8.500% | 7/15/19 | 2,132 | 2,312 |
Jefferies Group LLC | 6.875% | 4/15/21 | 12,272 | 13,718 |
Jefferies Group LLC | 5.125% | 1/20/23 | 1,380 | 1,490 |
Jefferies Group LLC | 4.850% | 1/15/27 | 13,902 | 14,721 |
Jefferies Group LLC | 6.450% | 6/8/27 | 475 | 552 |
39
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Jefferies Group LLC | 6.250% | 1/15/36 | 3,325 | 3,779 |
Jefferies Group LLC | 6.500% | 1/20/43 | 4,175 | 4,868 |
Lazard Group LLC | 3.750% | 2/13/25 | 275 | 280 |
Lazard Group LLC | 3.625% | 3/1/27 | 5,520 | 5,490 |
Legg Mason Inc. | 3.950% | 7/15/24 | 1,775 | 1,815 |
Legg Mason Inc. | 4.750% | 3/15/26 | 3,375 | 3,615 |
Legg Mason Inc. | 5.625% | 1/15/44 | 7,220 | 8,059 |
Leucadia National Corp. | 5.500% | 10/18/23 | 2,650 | 2,839 |
Nasdaq Inc. | 5.550% | 1/15/20 | 10,175 | 10,764 |
Nasdaq Inc. | 3.850% | 6/30/26 | 2,400 | 2,461 |
Nomura Holdings Inc. | 2.750% | 3/19/19 | 22,344 | 22,446 |
Nomura Holdings Inc. | 6.700% | 3/4/20 | 7,830 | 8,487 |
Raymond James Financial Inc. | 3.625% | 9/15/26 | 2,601 | 2,611 |
Raymond James Financial Inc. | 4.950% | 7/15/46 | 14,395 | 16,296 |
Stifel Financial Corp. | 4.250% | 7/18/24 | 10,075 | 10,350 |
TD Ameritrade Holding Corp. | 5.600% | 12/1/19 | 2,250 | 2,386 |
TD Ameritrade Holding Corp. | 2.950% | 4/1/22 | 17,080 | 17,242 |
TD Ameritrade Holding Corp. | 3.625% | 4/1/25 | 5,975 | 6,188 |
TD Ameritrade Holding Corp. | 3.300% | 4/1/27 | 6,167 | 6,199 |
Finance Companies (0.3%) | ||||
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.750% | 5/15/19 | 12,307 | 12,507 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 4.250% | 7/1/20 | 12,067 | 12,520 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 4.625% | 10/30/20 | 10,011 | 10,499 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 4.500% | 5/15/21 | 11,121 | 11,677 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 5.000% | 10/1/21 | 16,905 | 18,025 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.950% | 2/1/22 | 13,627 | 14,053 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.500% | 5/26/22 | 2,900 | 2,936 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 4.625% | 7/1/22 | 6,565 | 6,959 |
AerCap Ireland Capital DAC / AerCap Global Aviation | ||||
Trust | 3.650% | 7/21/27 | 8,360 | 8,276 |
Air Lease Corp. | 3.375% | 1/15/19 | 26,685 | 26,926 |
Air Lease Corp. | 2.125% | 1/15/20 | 2,850 | 2,830 |
Air Lease Corp. | 4.750% | 3/1/20 | 11,700 | 12,230 |
Air Lease Corp. | 3.875% | 4/1/21 | 4,415 | 4,573 |
Air Lease Corp. | 3.375% | 6/1/21 | 655 | 669 |
Air Lease Corp. | 3.750% | 2/1/22 | 4,425 | 4,570 |
Air Lease Corp. | 2.625% | 7/1/22 | 4,375 | 4,309 |
Air Lease Corp. | 2.750% | 1/15/23 | 4,600 | 4,525 |
Air Lease Corp. | 3.000% | 9/15/23 | 420 | 416 |
Air Lease Corp. | 4.250% | 9/15/24 | 560 | 586 |
Air Lease Corp. | 3.625% | 4/1/27 | 3,225 | 3,220 |
Air Lease Corp. | 3.625% | 12/1/27 | 3,000 | 2,995 |
Ares Capital Corp. | 3.875% | 1/15/20 | 1,700 | 1,726 |
Ares Capital Corp. | 3.500% | 2/10/23 | 16,835 | 16,570 |
FS Investment Corp. | 4.000% | 7/15/19 | 3,775 | 3,799 |
FS Investment Corp. | 4.750% | 5/15/22 | 2,184 | 2,244 |
GATX Corp. | 2.500% | 3/15/19 | 1,155 | 1,155 |
GATX Corp. | 2.500% | 7/30/19 | 2,500 | 2,497 |
GATX Corp. | 4.850% | 6/1/21 | 125 | 133 |
GATX Corp. | 3.250% | 3/30/25 | 4,970 | 4,912 |
GATX Corp. | 3.250% | 9/15/26 | 3,100 | 3,025 |
GATX Corp. | 3.850% | 3/30/27 | 11,000 | 11,176 |
GATX Corp. | 3.500% | 3/15/28 | 3,075 | 3,035 |
GATX Corp. | 5.200% | 3/15/44 | 875 | 1,005 |
GATX Corp. | 4.500% | 3/30/45 | 1,952 | 2,026 |
40
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
GE Capital International Funding Co. Unlimited Co. | 2.342% | 11/15/20 | 95,236 | 94,849 |
GE Capital International Funding Co. Unlimited Co. | 3.373% | 11/15/25 | 21,849 | 22,194 |
GE Capital International Funding Co. Unlimited Co. | 4.418% | 11/15/35 | 119,798 | 129,605 |
HSBC Finance Corp. | 6.676% | 1/15/21 | 10,279 | 11,428 |
International Lease Finance Corp. | 5.875% | 4/1/19 | 7,207 | 7,507 |
International Lease Finance Corp. | 6.250% | 5/15/19 | 9,740 | 10,190 |
International Lease Finance Corp. | 8.250% | 12/15/20 | 13,792 | 15,826 |
International Lease Finance Corp. | 4.625% | 4/15/21 | 5,795 | 6,056 |
International Lease Finance Corp. | 8.625% | 1/15/22 | 6,510 | 7,845 |
International Lease Finance Corp. | 5.875% | 8/15/22 | 9,634 | 10,658 |
Prospect Capital Corp. | 5.000% | 7/15/19 | 3,625 | 3,722 |
Prospect Capital Corp. | 5.875% | 3/15/23 | 1,610 | 1,667 |
Insurance (1.2%) | ||||
ACE Capital Trust II | 9.700% | 4/1/30 | 1,529 | 2,301 |
AEGON Funding Co. LLC | 5.750% | 12/15/20 | 9,350 | 10,148 |
Aetna Inc. | 2.200% | 3/15/19 | 3,580 | 3,575 |
Aetna Inc. | 4.125% | 6/1/21 | 375 | 390 |
Aetna Inc. | 2.750% | 11/15/22 | 9,500 | 9,387 |
Aetna Inc. | 2.800% | 6/15/23 | 12,950 | 12,715 |
Aetna Inc. | 3.500% | 11/15/24 | 11,451 | 11,601 |
Aetna Inc. | 6.625% | 6/15/36 | 8,161 | 10,793 |
Aetna Inc. | 6.750% | 12/15/37 | 3,157 | 4,298 |
Aetna Inc. | 4.500% | 5/15/42 | 4,112 | 4,408 |
Aetna Inc. | 4.125% | 11/15/42 | 2,203 | 2,245 |
Aetna Inc. | 4.750% | 3/15/44 | 3,475 | 3,889 |
Aetna Inc. | 3.875% | 8/15/47 | 12,500 | 12,286 |
Aflac Inc. | 2.400% | 3/16/20 | 13,356 | 13,362 |
Aflac Inc. | 4.000% | 2/15/22 | 1,150 | 1,208 |
Aflac Inc. | 3.625% | 6/15/23 | 8,160 | 8,504 |
Aflac Inc. | 3.625% | 11/15/24 | 125 | 130 |
Aflac Inc. | 3.250% | 3/17/25 | 5,547 | 5,620 |
Aflac Inc. | 2.875% | 10/15/26 | 6,100 | 5,984 |
Aflac Inc. | 4.000% | 10/15/46 | 4,450 | 4,640 |
Alleghany Corp. | 5.625% | 9/15/20 | 3,425 | 3,679 |
Alleghany Corp. | 4.950% | 6/27/22 | 2,295 | 2,477 |
Alleghany Corp. | 4.900% | 9/15/44 | 8,027 | 8,662 |
Allied World Assurance Co. Holdings Ltd. | 5.500% | 11/15/20 | 1,850 | 1,968 |
Allied World Assurance Co. Holdings Ltd. | 4.350% | 10/29/25 | 10,461 | 10,491 |
Allstate Corp. | 7.450% | 5/16/19 | 500 | 534 |
Allstate Corp. | 3.150% | 6/15/23 | 9,725 | 9,879 |
Allstate Corp. | 3.280% | 12/15/26 | 5,400 | 5,474 |
Allstate Corp. | 5.350% | 6/1/33 | 1,579 | 1,884 |
Allstate Corp. | 5.550% | 5/9/35 | 2,906 | 3,584 |
Allstate Corp. | 5.950% | 4/1/36 | 28 | 36 |
Allstate Corp. | 4.500% | 6/15/43 | 10,137 | 11,515 |
Allstate Corp. | 4.200% | 12/15/46 | 7,295 | 7,976 |
5 Allstate Corp. | 5.750% | 8/15/53 | 7,645 | 8,343 |
5 Allstate Corp. | 6.500% | 5/15/67 | 4,140 | 4,968 |
Alterra Finance LLC | 6.250% | 9/30/20 | 735 | 798 |
American Financial Group Inc. | 3.500% | 8/15/26 | 2,600 | 2,580 |
American Financial Group Inc. | 4.500% | 6/15/47 | 6,390 | 6,599 |
American International Group Inc. | 2.300% | 7/16/19 | 13,737 | 13,729 |
American International Group Inc. | 3.375% | 8/15/20 | 15,575 | 15,910 |
American International Group Inc. | 6.400% | 12/15/20 | 27,788 | 30,785 |
American International Group Inc. | 4.875% | 6/1/22 | 15,983 | 17,354 |
American International Group Inc. | 4.125% | 2/15/24 | 14,590 | 15,363 |
American International Group Inc. | 3.750% | 7/10/25 | 700 | 719 |
American International Group Inc. | 3.900% | 4/1/26 | 3,275 | 3,397 |
American International Group Inc. | 3.875% | 1/15/35 | 10,457 | 10,446 |
American International Group Inc. | 4.700% | 7/10/35 | 5,245 | 5,754 |
American International Group Inc. | 6.250% | 5/1/36 | 8,723 | 11,210 |
American International Group Inc. | 4.500% | 7/16/44 | 20,288 | 21,909 |
American International Group Inc. | 4.800% | 7/10/45 | 2,315 | 2,589 |
41
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
American International Group Inc. | 4.375% | 1/15/55 | 9,480 | 9,657 |
5 American International Group Inc. | 8.175% | 5/15/68 | 5,725 | 7,846 |
Anthem Inc. | 2.250% | 8/15/19 | 8,395 | 8,357 |
Anthem Inc. | 4.350% | 8/15/20 | 6,475 | 6,760 |
Anthem Inc. | 2.500% | 11/21/20 | 9,575 | 9,554 |
Anthem Inc. | 3.700% | 8/15/21 | 6,874 | 7,084 |
Anthem Inc. | 3.125% | 5/15/22 | 7,340 | 7,409 |
Anthem Inc. | 2.950% | 12/1/22 | 7,725 | 7,727 |
Anthem Inc. | 3.300% | 1/15/23 | 11,447 | 11,620 |
Anthem Inc. | 3.500% | 8/15/24 | 10,309 | 10,483 |
Anthem Inc. | 3.350% | 12/1/24 | 8,840 | 8,938 |
Anthem Inc. | 3.650% | 12/1/27 | 19,395 | 19,743 |
Anthem Inc. | 5.950% | 12/15/34 | 1 | 1 |
Anthem Inc. | 4.625% | 5/15/42 | 12,892 | 14,238 |
Anthem Inc. | 4.650% | 1/15/43 | 11,815 | 13,056 |
Anthem Inc. | 5.100% | 1/15/44 | 5,405 | 6,300 |
Anthem Inc. | 4.650% | 8/15/44 | 1,115 | 1,241 |
Anthem Inc. | 4.375% | 12/1/47 | 20,800 | 22,138 |
Anthem Inc. | 4.850% | 8/15/54 | 3,650 | 4,007 |
Aon Corp. | 5.000% | 9/30/20 | 6,235 | 6,644 |
Aon Corp. | 8.205% | 1/1/27 | 319 | 417 |
Aon Corp. | 6.250% | 9/30/40 | 4,225 | 5,483 |
Aon plc | 2.800% | 3/15/21 | 13,465 | 13,503 |
Aon plc | 3.500% | 6/14/24 | 6,250 | 6,390 |
Aon plc | 3.875% | 12/15/25 | 9,673 | 10,090 |
Aon plc | 4.600% | 6/14/44 | 7,850 | 8,485 |
Aon plc | 4.750% | 5/15/45 | 1,702 | 1,888 |
Arch Capital Finance LLC | 4.011% | 12/15/26 | 4,520 | 4,705 |
Arch Capital Finance LLC | 5.031% | 12/15/46 | 7,257 | 8,391 |
Arch Capital Group Ltd. | 7.350% | 5/1/34 | 4,510 | 6,154 |
Arch Capital Group US Inc. | 5.144% | 11/1/43 | 625 | 725 |
Aspen Insurance Holdings Ltd. | 4.650% | 11/15/23 | 10,990 | 11,670 |
Assurant Inc. | 4.000% | 3/15/23 | 8,175 | 8,354 |
Assurant Inc. | 6.750% | 2/15/34 | 6,650 | 8,227 |
Assured Guaranty US Holdings Inc. | 5.000% | 7/1/24 | 1,173 | 1,271 |
AXA SA | 8.600% | 12/15/30 | 15,021 | 21,619 |
AXIS Specialty Finance LLC | 5.875% | 6/1/20 | 14,925 | 15,955 |
AXIS Specialty Finance plc | 4.000% | 12/6/27 | 14,000 | 14,063 |
Berkshire Hathaway Finance Corp. | 1.700% | 3/15/19 | 11,600 | 11,558 |
Berkshire Hathaway Finance Corp. | 1.300% | 8/15/19 | 1,500 | 1,481 |
Berkshire Hathaway Finance Corp. | 2.900% | 10/15/20 | 13,697 | 13,925 |
Berkshire Hathaway Finance Corp. | 4.250% | 1/15/21 | 3,352 | 3,538 |
Berkshire Hathaway Finance Corp. | 3.000% | 5/15/22 | 21,835 | 22,234 |
Berkshire Hathaway Finance Corp. | 5.750% | 1/15/40 | 8,290 | 10,920 |
Berkshire Hathaway Finance Corp. | 4.400% | 5/15/42 | 4,925 | 5,523 |
Berkshire Hathaway Finance Corp. | 4.300% | 5/15/43 | 5,275 | 5,883 |
Berkshire Hathaway Inc. | 2.100% | 8/14/19 | 12,025 | 12,051 |
Berkshire Hathaway Inc. | 2.200% | 3/15/21 | 5,716 | 5,684 |
Berkshire Hathaway Inc. | 3.750% | 8/15/21 | 2,952 | 3,082 |
Berkshire Hathaway Inc. | 3.400% | 1/31/22 | 1,555 | 1,608 |
Berkshire Hathaway Inc. | 3.000% | 2/11/23 | 3,806 | 3,876 |
Berkshire Hathaway Inc. | 2.750% | 3/15/23 | 26,939 | 27,115 |
Berkshire Hathaway Inc. | 3.125% | 3/15/26 | 42,727 | 43,098 |
Berkshire Hathaway Inc. | 4.500% | 2/11/43 | 10,179 | 11,624 |
10 Brighthouse Financial Inc. | 3.700% | 6/22/27 | 16,335 | 15,989 |
10 Brighthouse Financial Inc. | 4.700% | 6/22/47 | 15,815 | 16,112 |
Brown & Brown Inc. | 4.200% | 9/15/24 | 5,090 | 5,331 |
Chubb Corp. | 6.000% | 5/11/37 | 4,545 | 6,061 |
Chubb Corp. | 6.500% | 5/15/38 | 2,141 | 3,027 |
Chubb INA Holdings Inc. | 5.900% | 6/15/19 | 3,425 | 3,610 |
Chubb INA Holdings Inc. | 2.300% | 11/3/20 | 7,487 | 7,471 |
Chubb INA Holdings Inc. | 2.875% | 11/3/22 | 24,066 | 24,294 |
Chubb INA Holdings Inc. | 2.700% | 3/13/23 | 9,473 | 9,443 |
Chubb INA Holdings Inc. | 3.350% | 5/15/24 | 5,399 | 5,544 |
42
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Chubb INA Holdings Inc. | 3.150% | 3/15/25 | 7,806 | 7,879 |
Chubb INA Holdings Inc. | 3.350% | 5/3/26 | 12,275 | 12,513 |
Chubb INA Holdings Inc. | 6.700% | 5/15/36 | 490 | 688 |
Chubb INA Holdings Inc. | 4.150% | 3/13/43 | 4,908 | 5,324 |
Chubb INA Holdings Inc. | 4.350% | 11/3/45 | 14,525 | 16,292 |
Cigna Corp. | 5.125% | 6/15/20 | 3,064 | 3,249 |
Cigna Corp. | 4.375% | 12/15/20 | 8,571 | 8,951 |
Cigna Corp. | 4.500% | 3/15/21 | 1,050 | 1,106 |
Cigna Corp. | 4.000% | 2/15/22 | 7,915 | 8,255 |
Cigna Corp. | 3.250% | 4/15/25 | 6,875 | 6,829 |
Cigna Corp. | 7.875% | 5/15/27 | 985 | 1,316 |
Cigna Corp. | 3.050% | 10/15/27 | 9,500 | 9,221 |
Cigna Corp. | 5.375% | 2/15/42 | 3,146 | 3,817 |
Cigna Corp. | 3.875% | 10/15/47 | 9,700 | 9,684 |
Cincinnati Financial Corp. | 6.920% | 5/15/28 | 3,931 | 5,078 |
Cincinnati Financial Corp. | 6.125% | 11/1/34 | 1,870 | 2,376 |
CNA Financial Corp. | 5.875% | 8/15/20 | 5,820 | 6,273 |
CNA Financial Corp. | 5.750% | 8/15/21 | 4,118 | 4,501 |
CNA Financial Corp. | 3.950% | 5/15/24 | 350 | 364 |
CNA Financial Corp. | 4.500% | 3/1/26 | 1,850 | 1,969 |
CNA Financial Corp. | 3.450% | 8/15/27 | 3,500 | 3,449 |
Coventry Health Care Inc. | 5.450% | 6/15/21 | 9,745 | 10,550 |
Endurance Specialty Holdings Ltd. | 7.000% | 7/15/34 | 7,150 | 9,128 |
Enstar Group Ltd. | 4.500% | 3/10/22 | 2,382 | 2,430 |
Everest Reinsurance Holdings Inc. | 4.868% | 6/1/44 | 4,500 | 4,774 |
Fidelity National Financial Inc. | 5.500% | 9/1/22 | 3,850 | 4,214 |
First American Financial Corp. | 4.600% | 11/15/24 | 5,050 | 5,204 |
Hanover Insurance Group Inc. | 4.500% | 4/15/26 | 5,000 | 5,198 |
Hartford Financial Services Group Inc. | 6.000% | 1/15/19 | 3,509 | 3,636 |
Hartford Financial Services Group Inc. | 5.125% | 4/15/22 | 7,055 | 7,693 |
Hartford Financial Services Group Inc. | 5.950% | 10/15/36 | 3,595 | 4,562 |
Hartford Financial Services Group Inc. | 6.100% | 10/1/41 | 5,221 | 6,908 |
Hartford Financial Services Group Inc. | 4.300% | 4/15/43 | 6,390 | 6,848 |
Humana Inc. | 2.625% | 10/1/19 | 2,100 | 2,103 |
Humana Inc. | 3.150% | 12/1/22 | 6,360 | 6,405 |
Humana Inc. | 2.900% | 12/15/22 | 4,500 | 4,479 |
Humana Inc. | 3.850% | 10/1/24 | 16,990 | 17,623 |
Humana Inc. | 3.950% | 3/15/27 | 5,000 | 5,154 |
Humana Inc. | 4.625% | 12/1/42 | 4,278 | 4,624 |
Humana Inc. | 4.950% | 10/1/44 | 5,708 | 6,549 |
Humana Inc. | 4.800% | 3/15/47 | 3,725 | 4,198 |
Kemper Corp. | 4.350% | 2/15/25 | 1,900 | 1,937 |
Lincoln National Corp. | 8.750% | 7/1/19 | 305 | 332 |
Lincoln National Corp. | 6.250% | 2/15/20 | 1,268 | 1,364 |
Lincoln National Corp. | 4.200% | 3/15/22 | 5,615 | 5,891 |
Lincoln National Corp. | 4.000% | 9/1/23 | 4,905 | 5,136 |
Lincoln National Corp. | 3.350% | 3/9/25 | 4,797 | 4,826 |
Lincoln National Corp. | 3.625% | 12/12/26 | 8,665 | 8,838 |
Lincoln National Corp. | 6.150% | 4/7/36 | 3,581 | 4,427 |
Lincoln National Corp. | 6.300% | 10/9/37 | 3,493 | 4,464 |
Lincoln National Corp. | 7.000% | 6/15/40 | 2,980 | 4,124 |
Loews Corp. | 2.625% | 5/15/23 | 10,875 | 10,735 |
Loews Corp. | 6.000% | 2/1/35 | 643 | 806 |
Loews Corp. | 4.125% | 5/15/43 | 14,512 | 14,956 |
Manulife Financial Corp. | 4.900% | 9/17/20 | 13,034 | 13,788 |
Manulife Financial Corp. | 4.150% | 3/4/26 | 16,787 | 17,722 |
5 Manulife Financial Corp. | 4.061% | 2/24/32 | 15,950 | 16,062 |
Manulife Financial Corp. | 5.375% | 3/4/46 | 8,417 | 10,504 |
Markel Corp. | 4.900% | 7/1/22 | 700 | 754 |
Markel Corp. | 3.500% | 11/1/27 | 3,550 | 3,505 |
Markel Corp. | 5.000% | 4/5/46 | 6,288 | 7,033 |
Markel Corp. | 4.300% | 11/1/47 | 4,000 | 4,092 |
Marsh & McLennan Cos. Inc. | 2.350% | 9/10/19 | 1,650 | 1,654 |
Marsh & McLennan Cos. Inc. | 2.350% | 3/6/20 | 6,125 | 6,112 |
43
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Marsh & McLennan Cos. Inc. | 4.800% | 7/15/21 | 1,949 | 2,082 |
Marsh & McLennan Cos. Inc. | 2.750% | 1/30/22 | 3,390 | 3,392 |
Marsh & McLennan Cos. Inc. | 3.300% | 3/14/23 | 100 | 102 |
Marsh & McLennan Cos. Inc. | 4.050% | 10/15/23 | 4,568 | 4,812 |
Marsh & McLennan Cos. Inc. | 3.500% | 6/3/24 | 14,400 | 14,851 |
Marsh & McLennan Cos. Inc. | 3.500% | 3/10/25 | 15,620 | 16,076 |
Marsh & McLennan Cos. Inc. | 3.750% | 3/14/26 | 3,800 | 3,973 |
Marsh & McLennan Cos. Inc. | 5.875% | 8/1/33 | 2,689 | 3,379 |
Marsh & McLennan Cos. Inc. | 4.350% | 1/30/47 | 6,630 | 7,352 |
Mercury General Corp. | 4.400% | 3/15/27 | 2,590 | 2,624 |
MetLife Inc. | 7.717% | 2/15/19 | 4,996 | 5,307 |
MetLife Inc. | 4.750% | 2/8/21 | 10,317 | 10,993 |
MetLife Inc. | 3.048% | 12/15/22 | 6,400 | 6,478 |
MetLife Inc. | 4.368% | 9/15/23 | 5,435 | 5,860 |
MetLife Inc. | 3.600% | 4/10/24 | 13,895 | 14,534 |
MetLife Inc. | 3.000% | 3/1/25 | 10,675 | 10,685 |
MetLife Inc. | 3.600% | 11/13/25 | 11,850 | 12,324 |
MetLife Inc. | 6.500% | 12/15/32 | 3,380 | 4,416 |
MetLife Inc. | 6.375% | 6/15/34 | 2,078 | 2,822 |
MetLife Inc. | 5.700% | 6/15/35 | 11,093 | 14,037 |
MetLife Inc. | 5.875% | 2/6/41 | 13,568 | 17,787 |
MetLife Inc. | 4.125% | 8/13/42 | 10,009 | 10,537 |
MetLife Inc. | 4.875% | 11/13/43 | 10,622 | 12,446 |
MetLife Inc. | 4.721% | 12/15/44 | 5,875 | 6,814 |
MetLife Inc. | 4.050% | 3/1/45 | 9,150 | 9,562 |
MetLife Inc. | 4.600% | 5/13/46 | 5,795 | 6,606 |
5 MetLife Inc. | 6.400% | 12/15/66 | 19,392 | 22,398 |
5 MetLife Inc. | 10.750% | 8/1/69 | 685 | 1,144 |
Montpelier Re Holdings Ltd. | 4.700% | 10/15/22 | 3,250 | 3,418 |
Munich Re America Corp. | 7.450% | 12/15/26 | 2,350 | 3,003 |
5 Nationwide Financial Services Inc. | 6.750% | 5/15/87 | 275 | 308 |
Old Republic International Corp. | 4.875% | 10/1/24 | 6,330 | 6,784 |
Old Republic International Corp. | 3.875% | 8/26/26 | 12,618 | 12,649 |
PartnerRe Finance B LLC | 5.500% | 6/1/20 | 13,579 | 14,340 |
Primerica Inc. | 4.750% | 7/15/22 | 1,900 | 2,030 |
Principal Financial Group Inc. | 3.300% | 9/15/22 | 2,875 | 2,927 |
Principal Financial Group Inc. | 3.125% | 5/15/23 | 3,661 | 3,683 |
Principal Financial Group Inc. | 3.400% | 5/15/25 | 5,253 | 5,330 |
Principal Financial Group Inc. | 3.100% | 11/15/26 | 4,852 | 4,791 |
Principal Financial Group Inc. | 4.625% | 9/15/42 | 1,680 | 1,846 |
Principal Financial Group Inc. | 4.350% | 5/15/43 | 1,043 | 1,119 |
Principal Financial Group Inc. | 4.300% | 11/15/46 | 7,320 | 7,807 |
5 Principal Financial Group Inc. | 4.700% | 5/15/55 | 3,250 | 3,324 |
Progressive Corp. | 3.750% | 8/23/21 | 10,133 | 10,519 |
Progressive Corp. | 2.450% | 1/15/27 | 2,060 | 1,969 |
Progressive Corp. | 6.625% | 3/1/29 | 4,600 | 5,857 |
Progressive Corp. | 6.250% | 12/1/32 | 325 | 421 |
Progressive Corp. | 4.350% | 4/25/44 | 3,560 | 3,958 |
Progressive Corp. | 4.125% | 4/15/47 | 24,050 | 25,988 |
Protective Life Corp. | 7.375% | 10/15/19 | 4,080 | 4,419 |
Prudential Financial Inc. | 7.375% | 6/15/19 | 1,490 | 1,599 |
Prudential Financial Inc. | 2.350% | 8/15/19 | 11,150 | 11,162 |
Prudential Financial Inc. | 5.375% | 6/21/20 | 6,530 | 6,981 |
Prudential Financial Inc. | 4.500% | 11/15/20 | 10,675 | 11,253 |
Prudential Financial Inc. | 4.500% | 11/16/21 | 4,550 | 4,848 |
Prudential Financial Inc. | 3.500% | 5/15/24 | 7,990 | 8,295 |
Prudential Financial Inc. | 5.750% | 7/15/33 | 570 | 707 |
Prudential Financial Inc. | 5.700% | 12/14/36 | 12,093 | 15,189 |
Prudential Financial Inc. | 6.625% | 12/1/37 | 7,957 | 11,169 |
Prudential Financial Inc. | 6.625% | 6/21/40 | 5,675 | 8,004 |
Prudential Financial Inc. | 6.200% | 11/15/40 | 3,325 | 4,412 |
5 Prudential Financial Inc. | 5.875% | 9/15/42 | 12,180 | 13,315 |
5 Prudential Financial Inc. | 5.625% | 6/15/43 | 8,464 | 9,226 |
Prudential Financial Inc. | 5.100% | 8/15/43 | 3,450 | 4,090 |
44
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
5 Prudential Financial Inc. | 5.200% | 3/15/44 | 2,415 | 2,575 |
Prudential Financial Inc. | 4.600% | 5/15/44 | 4,920 | 5,596 |
5 Prudential Financial Inc. | 5.375% | 5/15/45 | 13,230 | 14,167 |
10 Prudential Financial Inc. | 3.905% | 12/7/47 | 30,898 | 31,504 |
10 Prudential Financial Inc. | 3.935% | 12/7/49 | 4,503 | 4,602 |
Reinsurance Group of America Inc. | 5.000% | 6/1/21 | 1,240 | 1,321 |
Reinsurance Group of America Inc. | 4.700% | 9/15/23 | 3,475 | 3,738 |
Reinsurance Group of America Inc. | 3.950% | 9/15/26 | 4,504 | 4,582 |
RenaissanceRe Finance Inc. | 3.450% | 7/1/27 | 2,300 | 2,251 |
Swiss Re Solutions Holding Corp. | 7.000% | 2/15/26 | 1,309 | 1,602 |
Torchmark Corp. | 3.800% | 9/15/22 | 110 | 114 |
Transatlantic Holdings Inc. | 8.000% | 11/30/39 | 4,588 | 6,298 |
Travelers Cos. Inc. | 5.900% | 6/2/19 | 11,225 | 11,793 |
Travelers Cos. Inc. | 3.900% | 11/1/20 | 3,065 | 3,177 |
Travelers Cos. Inc. | 6.750% | 6/20/36 | 10 | 14 |
Travelers Cos. Inc. | 6.250% | 6/15/37 | 2,917 | 3,950 |
Travelers Cos. Inc. | 5.350% | 11/1/40 | 2,800 | 3,496 |
Travelers Cos. Inc. | 4.600% | 8/1/43 | 14,785 | 17,045 |
Travelers Cos. Inc. | 3.750% | 5/15/46 | 5,220 | 5,327 |
Travelers Cos. Inc. | 4.000% | 5/30/47 | 9,450 | 10,002 |
Travelers Property Casualty Corp. | 6.375% | 3/15/33 | 460 | 607 |
Trinity Acquisition plc | 4.400% | 3/15/26 | 500 | 522 |
UnitedHealth Group Inc. | 1.700% | 2/15/19 | 200 | 199 |
UnitedHealth Group Inc. | 1.625% | 3/15/19 | 5,720 | 5,690 |
UnitedHealth Group Inc. | 2.300% | 12/15/19 | 12,550 | 12,585 |
UnitedHealth Group Inc. | 2.700% | 7/15/20 | 14,685 | 14,836 |
UnitedHealth Group Inc. | 1.950% | 10/15/20 | 9,300 | 9,208 |
UnitedHealth Group Inc. | 3.875% | 10/15/20 | 905 | 938 |
UnitedHealth Group Inc. | 4.700% | 2/15/21 | 4,925 | 5,235 |
UnitedHealth Group Inc. | 2.125% | 3/15/21 | 6,355 | 6,295 |
UnitedHealth Group Inc. | 3.375% | 11/15/21 | 2,050 | 2,113 |
UnitedHealth Group Inc. | 2.875% | 12/15/21 | 10,991 | 11,135 |
UnitedHealth Group Inc. | 2.875% | 3/15/22 | 3,021 | 3,050 |
UnitedHealth Group Inc. | 3.350% | 7/15/22 | 18,808 | 19,387 |
UnitedHealth Group Inc. | 2.375% | 10/15/22 | 7,960 | 7,882 |
UnitedHealth Group Inc. | 2.750% | 2/15/23 | 10,030 | 10,037 |
UnitedHealth Group Inc. | 2.875% | 3/15/23 | 2,296 | 2,315 |
UnitedHealth Group Inc. | 3.750% | 7/15/25 | 26,613 | 28,004 |
UnitedHealth Group Inc. | 3.100% | 3/15/26 | 10,375 | 10,424 |
UnitedHealth Group Inc. | 3.450% | 1/15/27 | 1,925 | 1,979 |
UnitedHealth Group Inc. | 3.375% | 4/15/27 | 28,510 | 29,173 |
UnitedHealth Group Inc. | 2.950% | 10/15/27 | 10,800 | 10,759 |
UnitedHealth Group Inc. | 4.625% | 7/15/35 | 11,251 | 12,974 |
UnitedHealth Group Inc. | 5.800% | 3/15/36 | 3,064 | 3,966 |
UnitedHealth Group Inc. | 6.500% | 6/15/37 | 1,425 | 1,981 |
UnitedHealth Group Inc. | 6.625% | 11/15/37 | 8,525 | 12,096 |
UnitedHealth Group Inc. | 6.875% | 2/15/38 | 18,696 | 26,986 |
UnitedHealth Group Inc. | 5.950% | 2/15/41 | 2,955 | 3,903 |
UnitedHealth Group Inc. | 4.625% | 11/15/41 | 9,211 | 10,485 |
UnitedHealth Group Inc. | 4.375% | 3/15/42 | 341 | 376 |
UnitedHealth Group Inc. | 3.950% | 10/15/42 | 11,481 | 11,988 |
UnitedHealth Group Inc. | 4.250% | 3/15/43 | 5,866 | 6,352 |
UnitedHealth Group Inc. | 4.750% | 7/15/45 | 16,932 | 20,008 |
UnitedHealth Group Inc. | 4.200% | 1/15/47 | 4,784 | 5,200 |
UnitedHealth Group Inc. | 4.250% | 4/15/47 | 22,300 | 24,488 |
UnitedHealth Group Inc. | 3.750% | 10/15/47 | 8,500 | 8,663 |
Unum Group | 5.625% | 9/15/20 | 2,200 | 2,366 |
Unum Group | 3.000% | 5/15/21 | 3,000 | 3,013 |
Unum Group | 4.000% | 3/15/24 | 2,190 | 2,279 |
Unum Group | 3.875% | 11/5/25 | 175 | 179 |
Unum Group | 5.750% | 8/15/42 | 3,033 | 3,711 |
Voya Financial Inc. | 3.125% | 7/15/24 | 10,500 | 10,414 |
Voya Financial Inc. | 3.650% | 6/15/26 | 2,440 | 2,457 |
Voya Financial Inc. | 5.700% | 7/15/43 | 9,480 | 11,620 |
45
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Voya Financial Inc. | 4.800% | 6/15/46 | 5,035 | 5,576 |
Willis North America Inc. | 3.600% | 5/15/24 | 6,425 | 6,526 |
Willis Towers Watson plc | 5.750% | 3/15/21 | 9,351 | 10,149 |
WR Berkley Corp. | 5.375% | 9/15/20 | 595 | 635 |
WR Berkley Corp. | 4.625% | 3/15/22 | 2,550 | 2,714 |
WR Berkley Corp. | 4.750% | 8/1/44 | 3,188 | 3,428 |
XLIT Ltd. | 5.750% | 10/1/21 | 4,555 | 4,989 |
XLIT Ltd. | 4.450% | 3/31/25 | 2,850 | 2,880 |
XLIT Ltd. | 6.250% | 5/15/27 | 2,275 | 2,694 |
XLIT Ltd. | 5.250% | 12/15/43 | 7,775 | 8,998 |
XLIT Ltd. | 5.500% | 3/31/45 | 15,179 | 15,942 |
Other Finance (0.0%) | ||||
Jones Lang LaSalle Inc. | 4.400% | 11/15/22 | 825 | 864 |
ORIX Corp. | 2.900% | 7/18/22 | 2,750 | 2,733 |
ORIX Corp. | 3.250% | 12/4/24 | 3,725 | 3,702 |
ORIX Corp. | 3.700% | 7/18/27 | 10,650 | 10,655 |
Real Estate Investment Trusts (0.7%) | ||||
Alexandria Real Estate Equities Inc. | 2.750% | 1/15/20 | 4,225 | 4,237 |
Alexandria Real Estate Equities Inc. | 4.600% | 4/1/22 | 6,225 | 6,600 |
Alexandria Real Estate Equities Inc. | 3.900% | 6/15/23 | 400 | 412 |
Alexandria Real Estate Equities Inc. | 3.450% | 4/30/25 | 9,000 | 8,900 |
Alexandria Real Estate Equities Inc. | 4.300% | 1/15/26 | 400 | 419 |
Alexandria Real Estate Equities Inc. | 3.950% | 1/15/27 | 3,602 | 3,675 |
Alexandria Real Estate Equities Inc. | 3.950% | 1/15/28 | 4,700 | 4,792 |
Alexandria Real Estate Equities Inc. | 4.500% | 7/30/29 | 3,350 | 3,554 |
American Campus Communities Operating Partnership | ||||
LP | 3.350% | 10/1/20 | 3,800 | 3,873 |
American Campus Communities Operating Partnership | ||||
LP | 3.750% | 4/15/23 | 1,240 | 1,272 |
American Campus Communities Operating Partnership | ||||
LP | 4.125% | 7/1/24 | 3,300 | 3,434 |
American Campus Communities Operating Partnership | ||||
LP | 3.625% | 11/15/27 | 4,200 | 4,162 |
AvalonBay Communities Inc. | 2.850% | 3/15/23 | 6,264 | 6,244 |
AvalonBay Communities Inc. | 4.200% | 12/15/23 | 1,255 | 1,336 |
AvalonBay Communities Inc. | 3.500% | 11/15/24 | 3,325 | 3,414 |
AvalonBay Communities Inc. | 3.450% | 6/1/25 | 10,980 | 11,229 |
AvalonBay Communities Inc. | 3.500% | 11/15/25 | 600 | 612 |
AvalonBay Communities Inc. | 2.950% | 5/11/26 | 11,830 | 11,602 |
AvalonBay Communities Inc. | 2.900% | 10/15/26 | 1,475 | 1,435 |
AvalonBay Communities Inc. | 3.350% | 5/15/27 | 7,766 | 7,819 |
AvalonBay Communities Inc. | 3.200% | 1/15/28 | 3,800 | 3,776 |
Boston Properties LP | 5.875% | 10/15/19 | 2,395 | 2,528 |
Boston Properties LP | 5.625% | 11/15/20 | 9,225 | 9,975 |
Boston Properties LP | 4.125% | 5/15/21 | 4,095 | 4,281 |
Boston Properties LP | 3.850% | 2/1/23 | 11,473 | 11,954 |
Boston Properties LP | 3.125% | 9/1/23 | 4,540 | 4,578 |
Boston Properties LP | 3.800% | 2/1/24 | 7,025 | 7,282 |
Boston Properties LP | 3.200% | 1/15/25 | 6,000 | 5,979 |
Boston Properties LP | 3.650% | 2/1/26 | 6,275 | 6,365 |
Boston Properties LP | 2.750% | 10/1/26 | 9,500 | 8,971 |
Brandywine Operating Partnership LP | 3.950% | 2/15/23 | 2,525 | 2,577 |
Brandywine Operating Partnership LP | 3.950% | 11/15/27 | 23,025 | 22,775 |
Brixmor Operating Partnership LP | 3.875% | 8/15/22 | 6,035 | 6,173 |
Brixmor Operating Partnership LP | 3.250% | 9/15/23 | 3,925 | 3,834 |
Brixmor Operating Partnership LP | 3.650% | 6/15/24 | 2,100 | 2,083 |
Brixmor Operating Partnership LP | 3.850% | 2/1/25 | 14,485 | 14,472 |
Brixmor Operating Partnership LP | 4.125% | 6/15/26 | 5,350 | 5,400 |
Brixmor Operating Partnership LP | 3.900% | 3/15/27 | 2,550 | 2,520 |
Camden Property Trust | 2.950% | 12/15/22 | 4,850 | 4,847 |
CBL & Associates LP | 5.250% | 12/1/23 | 5,410 | 5,116 |
CBL & Associates LP | 4.600% | 10/15/24 | 5,100 | 4,540 |
CBL & Associates LP | 5.950% | 12/15/26 | 800 | 743 |
46
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Columbia Property Trust Operating Partnership LP | 4.150% | 4/1/25 | 3,025 | 3,071 |
Columbia Property Trust Operating Partnership LP | 3.650% | 8/15/26 | 12,675 | 12,305 |
Corporate Office Properties LP | 3.700% | 6/15/21 | 3,725 | 3,791 |
Corporate Office Properties LP | 3.600% | 5/15/23 | 7,931 | 7,944 |
CubeSmart LP | 4.375% | 12/15/23 | 7,400 | 7,763 |
CubeSmart LP | 4.000% | 11/15/25 | 2,265 | 2,316 |
CubeSmart LP | 3.125% | 9/1/26 | 2,575 | 2,447 |
DCT Industrial Operating Partnership LP | 4.500% | 10/15/23 | 4,125 | 4,296 |
DDR Corp. | 3.500% | 1/15/21 | 10,905 | 11,057 |
DDR Corp. | 4.625% | 7/15/22 | 9,490 | 9,969 |
DDR Corp. | 3.375% | 5/15/23 | 5,250 | 5,214 |
DDR Corp. | 3.625% | 2/1/25 | 9,630 | 9,488 |
DDR Corp. | 4.250% | 2/1/26 | 2,740 | 2,788 |
DDR Corp. | 4.700% | 6/1/27 | 12,325 | 12,824 |
Digital Realty Trust LP | 5.875% | 2/1/20 | 2,175 | 2,309 |
Digital Realty Trust LP | 3.400% | 10/1/20 | 5,600 | 5,713 |
Digital Realty Trust LP | 5.250% | 3/15/21 | 8,815 | 9,456 |
Digital Realty Trust LP | 3.950% | 7/1/22 | 11,850 | 12,358 |
Digital Realty Trust LP | 2.750% | 2/1/23 | 2,650 | 2,625 |
Digital Realty Trust LP | 4.750% | 10/1/25 | 5,925 | 6,426 |
Digital Realty Trust LP | 3.700% | 8/15/27 | 7,000 | 7,048 |
Duke Realty LP | 4.375% | 6/15/22 | 195 | 206 |
Duke Realty LP | 3.875% | 10/15/22 | 1,223 | 1,271 |
Duke Realty LP | 3.625% | 4/15/23 | 748 | 766 |
Duke Realty LP | 3.750% | 12/1/24 | 2,425 | 2,499 |
Duke Realty LP | 3.250% | 6/30/26 | 5,500 | 5,450 |
Duke Realty LP | 3.375% | 12/15/27 | 3,040 | 3,045 |
EPR Properties | 5.750% | 8/15/22 | 3,610 | 3,937 |
EPR Properties | 5.250% | 7/15/23 | 1,575 | 1,682 |
EPR Properties | 4.500% | 4/1/25 | 7,025 | 7,166 |
EPR Properties | 4.750% | 12/15/26 | 4,000 | 4,107 |
ERP Operating LP | 2.375% | 7/1/19 | 1,370 | 1,370 |
ERP Operating LP | 4.750% | 7/15/20 | 3,085 | 3,252 |
ERP Operating LP | 4.625% | 12/15/21 | 6,936 | 7,424 |
ERP Operating LP | 3.000% | 4/15/23 | 2,603 | 2,624 |
ERP Operating LP | 3.375% | 6/1/25 | 750 | 764 |
ERP Operating LP | 2.850% | 11/1/26 | 5,325 | 5,169 |
ERP Operating LP | 3.250% | 8/1/27 | 3,000 | 2,987 |
ERP Operating LP | 4.500% | 7/1/44 | 7,555 | 8,177 |
ERP Operating LP | 4.000% | 8/1/47 | 3,600 | 3,654 |
Essex Portfolio LP | 5.200% | 3/15/21 | 2,825 | 3,009 |
Essex Portfolio LP | 3.250% | 5/1/23 | 3,505 | 3,533 |
Essex Portfolio LP | 3.500% | 4/1/25 | 10,937 | 11,024 |
Essex Portfolio LP | 3.375% | 4/15/26 | 6,450 | 6,390 |
Federal Realty Investment Trust | 2.750% | 6/1/23 | 2,685 | 2,652 |
Federal Realty Investment Trust | 3.250% | 7/15/27 | 2,100 | 2,082 |
Federal Realty Investment Trust | 4.500% | 12/1/44 | 14,900 | 16,226 |
Government Properties Income Trust | 4.000% | 7/15/22 | 5,000 | 5,028 |
HCP Inc. | 3.750% | 2/1/19 | 8,300 | 8,405 |
HCP Inc. | 2.625% | 2/1/20 | 1,519 | 1,523 |
HCP Inc. | 5.375% | 2/1/21 | 931 | 1,000 |
HCP Inc. | 3.150% | 8/1/22 | 3,665 | 3,694 |
HCP Inc. | 4.000% | 12/1/22 | 27,250 | 28,454 |
HCP Inc. | 4.250% | 11/15/23 | 5,729 | 6,012 |
HCP Inc. | 4.200% | 3/1/24 | 3,750 | 3,923 |
HCP Inc. | 3.875% | 8/15/24 | 5,126 | 5,243 |
HCP Inc. | 3.400% | 2/1/25 | 1,875 | 1,859 |
HCP Inc. | 4.000% | 6/1/25 | 965 | 992 |
HCP Inc. | 6.750% | 2/1/41 | 480 | 640 |
Healthcare Realty Trust Inc. | 3.625% | 1/15/28 | 3,125 | 3,091 |
Healthcare Trust of America Holdings LP | 3.375% | 7/15/21 | 3,840 | 3,909 |
Healthcare Trust of America Holdings LP | 2.950% | 7/1/22 | 3,850 | 3,834 |
Healthcare Trust of America Holdings LP | 3.700% | 4/15/23 | 1,500 | 1,533 |
Healthcare Trust of America Holdings LP | 3.500% | 8/1/26 | 6,050 | 5,935 |
47
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Healthcare Trust of America Holdings LP | 3.750% | 7/1/27 | 3,400 | 3,386 |
Highwoods Realty LP | 3.200% | 6/15/21 | 13,850 | 13,961 |
Highwoods Realty LP | 3.625% | 1/15/23 | 100 | 101 |
Highwoods Realty LP | 3.875% | 3/1/27 | 6,279 | 6,313 |
Hospitality Properties Trust | 5.000% | 8/15/22 | 2,430 | 2,592 |
Hospitality Properties Trust | 4.500% | 6/15/23 | 8,147 | 8,517 |
Hospitality Properties Trust | 4.650% | 3/15/24 | 3,441 | 3,624 |
Hospitality Properties Trust | 4.500% | 3/15/25 | 753 | 781 |
Hospitality Properties Trust | 5.250% | 2/15/26 | 2,740 | 2,941 |
Hospitality Properties Trust | 4.950% | 2/15/27 | 3,625 | 3,822 |
Hospitality Properties Trust | 3.950% | 1/15/28 | 4,800 | 4,677 |
Host Hotels & Resorts LP | 6.000% | 10/1/21 | 10,550 | 11,590 |
Host Hotels & Resorts LP | 5.250% | 3/15/22 | 4,890 | 5,262 |
Host Hotels & Resorts LP | 4.750% | 3/1/23 | 1,000 | 1,064 |
Host Hotels & Resorts LP | 3.750% | 10/15/23 | 6,100 | 6,222 |
Host Hotels & Resorts LP | 3.875% | 4/1/24 | 4,600 | 4,659 |
Host Hotels & Resorts LP | 4.000% | 6/15/25 | 1,300 | 1,327 |
Hudson Pacific Properties LP | 3.950% | 11/1/27 | 3,400 | 3,390 |
Kilroy Realty LP | 3.800% | 1/15/23 | 3,200 | 3,277 |
Kilroy Realty LP | 3.450% | 12/15/24 | 5,850 | 5,834 |
Kilroy Realty LP | 4.250% | 8/15/29 | 750 | 773 |
Kimco Realty Corp. | 6.875% | 10/1/19 | 5,682 | 6,109 |
Kimco Realty Corp. | 3.200% | 5/1/21 | 3,740 | 3,797 |
Kimco Realty Corp. | 3.400% | 11/1/22 | 3,520 | 3,590 |
Kimco Realty Corp. | 3.125% | 6/1/23 | 3,300 | 3,293 |
Kimco Realty Corp. | 2.700% | 3/1/24 | 50 | 48 |
Kimco Realty Corp. | 3.300% | 2/1/25 | 2,160 | 2,142 |
Kimco Realty Corp. | 2.800% | 10/1/26 | 4,350 | 4,086 |
Kimco Realty Corp. | 3.800% | 4/1/27 | 4,150 | 4,184 |
Kimco Realty Corp. | 4.125% | 12/1/46 | 485 | 472 |
Kimco Realty Corp. | 4.450% | 9/1/47 | 4,170 | 4,286 |
Kite Realty Group LP | 4.000% | 10/1/26 | 10,700 | 10,164 |
Liberty Property LP | 4.750% | 10/1/20 | 1,080 | 1,137 |
Liberty Property LP | 3.375% | 6/15/23 | 1,250 | 1,266 |
Liberty Property LP | 4.400% | 2/15/24 | 10,880 | 11,591 |
Liberty Property LP | 3.750% | 4/1/25 | 6,400 | 6,549 |
Liberty Property LP | 3.250% | 10/1/26 | 1,725 | 1,696 |
Life Storage LP | 3.875% | 12/15/27 | 1,000 | 996 |
Life Storage LP | 3.500% | 7/1/26 | 18,125 | 17,663 |
Mid-America Apartments LP | 4.300% | 10/15/23 | 12,300 | 12,966 |
Mid-America Apartments LP | 3.750% | 6/15/24 | 3,985 | 4,080 |
Mid-America Apartments LP | 3.600% | 6/1/27 | 8,100 | 8,110 |
National Retail Properties Inc. | 5.500% | 7/15/21 | 2,000 | 2,163 |
National Retail Properties Inc. | 3.800% | 10/15/22 | 3,400 | 3,500 |
National Retail Properties Inc. | 3.300% | 4/15/23 | 2,999 | 3,001 |
National Retail Properties Inc. | 3.900% | 6/15/24 | 3,700 | 3,795 |
National Retail Properties Inc. | 3.600% | 12/15/26 | 2,425 | 2,397 |
National Retail Properties Inc. | 3.500% | 10/15/27 | 13,300 | 13,013 |
Omega Healthcare Investors Inc. | 4.375% | 8/1/23 | 20,850 | 21,137 |
Omega Healthcare Investors Inc. | 4.950% | 4/1/24 | 3,875 | 4,025 |
Omega Healthcare Investors Inc. | 4.500% | 1/15/25 | 3,050 | 3,046 |
Omega Healthcare Investors Inc. | 5.250% | 1/15/26 | 5,792 | 5,988 |
Omega Healthcare Investors Inc. | 4.500% | 4/1/27 | 24,103 | 23,470 |
Omega Healthcare Investors Inc. | 4.750% | 1/15/28 | 5,325 | 5,272 |
Physicians Realty LP | 4.300% | 3/15/27 | 5,950 | 6,052 |
Physicians Realty LP | 3.950% | 1/15/28 | 5,750 | 5,696 |
Piedmont Operating Partnership LP | 3.400% | 6/1/23 | 2,062 | 2,047 |
Piedmont Operating Partnership LP | 4.450% | 3/15/24 | 4,225 | 4,400 |
ProLogis LP | 4.250% | 8/15/23 | 5,120 | 5,494 |
Public Storage | 2.370% | 9/15/22 | 5,298 | 5,213 |
Public Storage | 3.094% | 9/15/27 | 4,550 | 4,520 |
Realty Income Corp. | 3.250% | 10/15/22 | 13,550 | 13,769 |
Realty Income Corp. | 3.875% | 7/15/24 | 3,600 | 3,696 |
Realty Income Corp. | 4.125% | 10/15/26 | 12,110 | 12,636 |
48
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Realty Income Corp. | 3.000% | 1/15/27 | 4,825 | 4,616 |
Realty Income Corp. | 3.650% | 1/15/28 | 5,520 | 5,541 |
Realty Income Corp. | 4.650% | 3/15/47 | 15,915 | 17,559 |
Regency Centers Corp. | 3.750% | 11/15/22 | 1,850 | 1,893 |
Regency Centers LP | 3.600% | 2/1/27 | 3,300 | 3,289 |
Regency Centers LP | 4.400% | 2/1/47 | 5,550 | 5,722 |
Sabra Health Care LP | 5.125% | 8/15/26 | 620 | 631 |
Select Income REIT | 3.600% | 2/1/20 | 206 | 208 |
Select Income REIT | 4.150% | 2/1/22 | 4,000 | 4,047 |
Select Income REIT | 4.500% | 2/1/25 | 9,475 | 9,545 |
Senior Housing Properties Trust | 3.250% | 5/1/19 | 10,240 | 10,280 |
Simon Property Group LP | 2.200% | 2/1/19 | 2,190 | 2,190 |
Simon Property Group LP | 2.500% | 9/1/20 | 800 | 803 |
Simon Property Group LP | 4.375% | 3/1/21 | 8,489 | 8,968 |
Simon Property Group LP | 2.500% | 7/15/21 | 6,790 | 6,784 |
Simon Property Group LP | 4.125% | 12/1/21 | 9,233 | 9,734 |
Simon Property Group LP | 2.350% | 1/30/22 | 6,250 | 6,182 |
Simon Property Group LP | 3.375% | 3/15/22 | 2,825 | 2,901 |
Simon Property Group LP | 2.625% | 6/15/22 | 7,750 | 7,731 |
Simon Property Group LP | 2.750% | 2/1/23 | 6,285 | 6,257 |
Simon Property Group LP | 2.750% | 6/1/23 | 9,000 | 8,971 |
Simon Property Group LP | 3.750% | 2/1/24 | 6,014 | 6,265 |
Simon Property Group LP | 3.375% | 10/1/24 | 397 | 406 |
Simon Property Group LP | 3.500% | 9/1/25 | 3,640 | 3,725 |
Simon Property Group LP | 3.300% | 1/15/26 | 8,019 | 8,022 |
Simon Property Group LP | 3.250% | 11/30/26 | 4,425 | 4,383 |
Simon Property Group LP | 3.375% | 6/15/27 | 15,775 | 15,890 |
Simon Property Group LP | 3.375% | 12/1/27 | 8,975 | 9,013 |
Simon Property Group LP | 6.750% | 2/1/40 | 11,543 | 16,013 |
Simon Property Group LP | 4.750% | 3/15/42 | 1,671 | 1,855 |
Simon Property Group LP | 4.250% | 10/1/44 | 160 | 166 |
Simon Property Group LP | 4.250% | 11/30/46 | 9,750 | 10,279 |
SL Green Operating Partnership LP | 3.250% | 10/15/22 | 4,250 | 4,232 |
Tanger Properties LP | 3.750% | 12/1/24 | 1,325 | 1,325 |
Tanger Properties LP | 3.125% | 9/1/26 | 6,100 | 5,753 |
Tanger Properties LP | 3.875% | 7/15/27 | 10,050 | 9,955 |
UDR Inc. | 3.700% | 10/1/20 | 6,800 | 6,981 |
UDR Inc. | 4.625% | 1/10/22 | 11,795 | 12,491 |
UDR Inc. | 2.950% | 9/1/26 | 8,450 | 8,084 |
UDR Inc. | 3.500% | 7/1/27 | 3,000 | 3,001 |
UDR Inc. | 3.500% | 1/15/28 | 4,975 | 4,956 |
Ventas Realty LP | 3.100% | 1/15/23 | 14,975 | 14,965 |
Ventas Realty LP | 3.125% | 6/15/23 | 1,050 | 1,050 |
Ventas Realty LP | 3.750% | 5/1/24 | 2,000 | 2,054 |
Ventas Realty LP | 3.500% | 2/1/25 | 3,150 | 3,167 |
Ventas Realty LP | 4.125% | 1/15/26 | 1,015 | 1,058 |
Ventas Realty LP | 3.250% | 10/15/26 | 800 | 775 |
Ventas Realty LP | 3.850% | 4/1/27 | 3,875 | 3,946 |
Ventas Realty LP | 5.700% | 9/30/43 | 4,525 | 5,518 |
Ventas Realty LP | 4.375% | 2/1/45 | 6,730 | 6,915 |
Ventas Realty LP / Ventas Capital Corp. | 4.000% | 4/30/19 | 550 | 560 |
Ventas Realty LP / Ventas Capital Corp. | 2.700% | 4/1/20 | 5,675 | 5,691 |
Ventas Realty LP / Ventas Capital Corp. | 4.750% | 6/1/21 | 4,825 | 5,122 |
Ventas Realty LP / Ventas Capital Corp. | 4.250% | 3/1/22 | 1,892 | 1,983 |
Ventas Realty LP / Ventas Capital Corp. | 3.250% | 8/15/22 | 10,463 | 10,573 |
VEREIT Operating Partnership LP | 3.000% | 2/6/19 | 750 | 753 |
VEREIT Operating Partnership LP | 4.125% | 6/1/21 | 700 | 727 |
VEREIT Operating Partnership LP | 4.600% | 2/6/24 | 5,375 | 5,657 |
VEREIT Operating Partnership LP | 4.875% | 6/1/26 | 7,615 | 8,043 |
VEREIT Operating Partnership LP | 3.950% | 8/15/27 | 12,000 | 11,844 |
Vornado Realty LP | 5.000% | 1/15/22 | 200 | 214 |
Vornado Realty LP | 3.500% | 1/15/25 | 4,000 | 3,989 |
Washington Prime Group LP | 3.850% | 4/1/20 | 4,525 | 4,560 |
Washington Prime Group LP | 5.950% | 8/15/24 | 1,700 | 1,740 |
49
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Washington REIT | 4.950% | 10/1/20 | 825 | 856 |
Washington REIT | 3.950% | 10/15/22 | 2,200 | 2,247 |
Weingarten Realty Investors | 3.375% | 10/15/22 | 1,275 | 1,285 |
Weingarten Realty Investors | 3.500% | 4/15/23 | 3,925 | 3,947 |
Weingarten Realty Investors | 4.450% | 1/15/24 | 450 | 475 |
Welltower Inc. | 4.125% | 4/1/19 | 6,455 | 6,575 |
Welltower Inc. | 4.950% | 1/15/21 | 7,680 | 8,163 |
Welltower Inc. | 5.250% | 1/15/22 | 8,376 | 9,102 |
Welltower Inc. | 3.750% | 3/15/23 | 7,090 | 7,349 |
Welltower Inc. | 4.500% | 1/15/24 | 125 | 133 |
Welltower Inc. | 4.000% | 6/1/25 | 17,247 | 17,812 |
Welltower Inc. | 4.250% | 4/1/26 | 7,224 | 7,543 |
Welltower Inc. | 6.500% | 3/15/41 | 5,357 | 7,025 |
Welltower Inc. | 5.125% | 3/15/43 | 1,260 | 1,420 |
WP Carey Inc. | 4.600% | 4/1/24 | 6,201 | 6,483 |
WP Carey Inc. | 4.000% | 2/1/25 | 1,800 | 1,824 |
WP Carey Inc. | 4.250% | 10/1/26 | 3,500 | 3,576 |
17,131,843 | ||||
Industrial (17.1%) | ||||
Basic Industry (0.9%) | ||||
Agrium Inc. | 6.750% | 1/15/19 | 6,880 | 7,182 |
Agrium Inc. | 3.150% | 10/1/22 | 3,821 | 3,862 |
Agrium Inc. | 3.500% | 6/1/23 | 15,685 | 16,007 |
Agrium Inc. | 3.375% | 3/15/25 | 7,125 | 7,148 |
Agrium Inc. | 4.125% | 3/15/35 | 6,750 | 6,953 |
Agrium Inc. | 6.125% | 1/15/41 | 7,356 | 9,301 |
Agrium Inc. | 4.900% | 6/1/43 | 3,425 | 3,818 |
Agrium Inc. | 5.250% | 1/15/45 | 19,267 | 22,436 |
Air Products & Chemicals Inc. | 3.000% | 11/3/21 | 4,425 | 4,493 |
Air Products & Chemicals Inc. | 2.750% | 2/3/23 | 7,145 | 7,150 |
Air Products & Chemicals Inc. | 3.350% | 7/31/24 | 6,300 | 6,451 |
Airgas Inc. | 3.650% | 7/15/24 | 6,925 | 7,197 |
Albemarle Corp. | 4.150% | 12/1/24 | 4,995 | 5,292 |
Albemarle Corp. | 5.450% | 12/1/44 | 5,500 | 6,499 |
Barrick Gold Corp. | 5.250% | 4/1/42 | 8,464 | 9,887 |
Barrick North America Finance LLC | 4.400% | 5/30/21 | 3,020 | 3,195 |
Barrick North America Finance LLC | 5.700% | 5/30/41 | 12,284 | 15,026 |
Barrick North America Finance LLC | 5.750% | 5/1/43 | 10,215 | 12,754 |
Barrick PD Australia Finance Pty Ltd. | 5.950% | 10/15/39 | 17,361 | 21,549 |
BHP Billiton Finance USA Ltd. | 2.875% | 2/24/22 | 13,683 | 13,822 |
BHP Billiton Finance USA Ltd. | 3.850% | 9/30/23 | 2,496 | 2,644 |
BHP Billiton Finance USA Ltd. | 4.125% | 2/24/42 | 11,833 | 12,604 |
BHP Billiton Finance USA Ltd. | 5.000% | 9/30/43 | 26,563 | 32,344 |
Braskem Finance Ltd. | 6.450% | 2/3/24 | 850 | 951 |
Cabot Corp. | 3.700% | 7/15/22 | 1,415 | 1,446 |
Celulosa Arauco y Constitucion SA | 7.250% | 7/29/19 | 1,225 | 1,311 |
Celulosa Arauco y Constitucion SA | 5.000% | 1/21/21 | 3,300 | 3,506 |
Celulosa Arauco y Constitucion SA | 4.750% | 1/11/22 | 7,303 | 7,726 |
Celulosa Arauco y Constitucion SA | 4.500% | 8/1/24 | 1,400 | 1,476 |
10 Celulosa Arauco y Constitucion SA | 3.875% | 11/2/27 | 12,000 | 11,874 |
10 Celulosa Arauco y Constitucion SA | 5.500% | 11/2/47 | 11,150 | 11,595 |
Domtar Corp. | 6.750% | 2/15/44 | 4,900 | 5,658 |
Dow Chemical Co. | 8.550% | 5/15/19 | 34,831 | 37,711 |
Dow Chemical Co. | 4.250% | 11/15/20 | 19,470 | 20,325 |
Dow Chemical Co. | 4.125% | 11/15/21 | 2,952 | 3,094 |
Dow Chemical Co. | 3.000% | 11/15/22 | 22,405 | 22,531 |
Dow Chemical Co. | 3.500% | 10/1/24 | 3,805 | 3,910 |
Dow Chemical Co. | 7.375% | 11/1/29 | 3,098 | 4,126 |
Dow Chemical Co. | 4.250% | 10/1/34 | 8,386 | 8,803 |
Dow Chemical Co. | 9.400% | 5/15/39 | 13,343 | 22,754 |
Dow Chemical Co. | 5.250% | 11/15/41 | 8,832 | 10,318 |
Dow Chemical Co. | 4.375% | 11/15/42 | 8,887 | 9,303 |
Dow Chemical Co. | 4.625% | 10/1/44 | 2,965 | 3,230 |
50
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Eastman Chemical Co. | 5.500% | 11/15/19 | 4,771 | 5,032 |
Eastman Chemical Co. | 2.700% | 1/15/20 | 14,641 | 14,737 |
Eastman Chemical Co. | 4.500% | 1/15/21 | 53 | 55 |
Eastman Chemical Co. | 3.600% | 8/15/22 | 6,384 | 6,563 |
Eastman Chemical Co. | 3.800% | 3/15/25 | 2,664 | 2,769 |
Eastman Chemical Co. | 4.800% | 9/1/42 | 7,224 | 7,963 |
Eastman Chemical Co. | 4.650% | 10/15/44 | 4,675 | 5,055 |
Ecolab Inc. | 2.000% | 1/14/19 | 4,150 | 4,141 |
Ecolab Inc. | 2.250% | 1/12/20 | 3,243 | 3,235 |
Ecolab Inc. | 4.350% | 12/8/21 | 3,911 | 4,157 |
Ecolab Inc. | 2.375% | 8/10/22 | 11,695 | 11,539 |
Ecolab Inc. | 3.250% | 1/14/23 | 4,815 | 4,931 |
Ecolab Inc. | 2.700% | 11/1/26 | 6,349 | 6,085 |
10 Ecolab Inc. | 3.250% | 12/1/27 | 6,100 | 6,103 |
Ecolab Inc. | 5.500% | 12/8/41 | 1,322 | 1,653 |
10 Ecolab Inc. | 3.950% | 12/1/47 | 10,815 | 11,057 |
EI du Pont de Nemours & Co. | 5.750% | 3/15/19 | 150 | 156 |
EI du Pont de Nemours & Co. | 4.625% | 1/15/20 | 5,472 | 5,719 |
EI du Pont de Nemours & Co. | 2.200% | 5/1/20 | 8,083 | 8,069 |
EI du Pont de Nemours & Co. | 3.625% | 1/15/21 | 15,225 | 15,761 |
EI du Pont de Nemours & Co. | 4.250% | 4/1/21 | 3,705 | 3,905 |
EI du Pont de Nemours & Co. | 2.800% | 2/15/23 | 15,960 | 15,949 |
EI du Pont de Nemours & Co. | 6.500% | 1/15/28 | 1,100 | 1,381 |
EI du Pont de Nemours & Co. | 4.900% | 1/15/41 | 8,168 | 9,303 |
EI du Pont de Nemours & Co. | 4.150% | 2/15/43 | 7,800 | 8,029 |
Fibria Overseas Finance Ltd. | 5.250% | 5/12/24 | 350 | 374 |
Fibria Overseas Finance Ltd. | 4.000% | 1/14/25 | 8,820 | 8,747 |
FMC Corp. | 3.950% | 2/1/22 | 1,675 | 1,724 |
FMC Corp. | 4.100% | 2/1/24 | 11,210 | 11,535 |
Georgia-Pacific LLC | 8.000% | 1/15/24 | 7,204 | 9,163 |
Georgia-Pacific LLC | 7.375% | 12/1/25 | 5,750 | 7,344 |
Georgia-Pacific LLC | 7.750% | 11/15/29 | 3,268 | 4,574 |
Georgia-Pacific LLC | 8.875% | 5/15/31 | 4,665 | 7,189 |
Goldcorp Inc. | 3.625% | 6/9/21 | 2,265 | 2,311 |
Goldcorp Inc. | 3.700% | 3/15/23 | 10,760 | 11,036 |
Goldcorp Inc. | 5.450% | 6/9/44 | 6,855 | 7,945 |
International Flavors & Fragrances Inc. | 3.200% | 5/1/23 | 1,285 | 1,290 |
International Flavors & Fragrances Inc. | 4.375% | 6/1/47 | 6,575 | 6,959 |
International Paper Co. | 7.500% | 8/15/21 | 8,935 | 10,395 |
International Paper Co. | 3.650% | 6/15/24 | 7,610 | 7,869 |
International Paper Co. | 3.800% | 1/15/26 | 1,700 | 1,757 |
International Paper Co. | 3.000% | 2/15/27 | 19,256 | 18,664 |
International Paper Co. | 5.000% | 9/15/35 | 3,925 | 4,439 |
International Paper Co. | 7.300% | 11/15/39 | 4,493 | 6,276 |
International Paper Co. | 6.000% | 11/15/41 | 2,250 | 2,820 |
International Paper Co. | 4.800% | 6/15/44 | 15,037 | 16,360 |
International Paper Co. | 5.150% | 5/15/46 | 12,202 | 14,061 |
International Paper Co. | 4.400% | 8/15/47 | 14,584 | 15,322 |
International Paper Co. | 4.350% | 8/15/48 | 5,300 | 5,536 |
Lubrizol Corp. | 6.500% | 10/1/34 | 6,025 | 7,996 |
LYB International Finance BV | 4.000% | 7/15/23 | 3,799 | 3,979 |
LYB International Finance BV | 5.250% | 7/15/43 | 2,087 | 2,430 |
LYB International Finance BV | 4.875% | 3/15/44 | 14,570 | 15,893 |
LYB International Finance II BV | 3.500% | 3/2/27 | 10,870 | 10,884 |
LyondellBasell Industries NV | 5.000% | 4/15/19 | 11,691 | 12,002 |
LyondellBasell Industries NV | 6.000% | 11/15/21 | 19,000 | 21,121 |
LyondellBasell Industries NV | 5.750% | 4/15/24 | 6,600 | 7,491 |
LyondellBasell Industries NV | 4.625% | 2/26/55 | 12,152 | 12,505 |
Meadwestvaco Corp. | 7.950% | 2/15/31 | 5,268 | 7,274 |
Methanex Corp. | 3.250% | 12/15/19 | 7,850 | 7,873 |
Methanex Corp. | 4.250% | 12/1/24 | 365 | 369 |
Methanex Corp. | 5.650% | 12/1/44 | 3,760 | 3,885 |
Monsanto Co. | 2.125% | 7/15/19 | 4,400 | 4,379 |
Monsanto Co. | 2.750% | 7/15/21 | 13,760 | 13,781 |
51
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Monsanto Co. | 2.200% | 7/15/22 | 7,580 | 7,326 |
Monsanto Co. | 3.375% | 7/15/24 | 500 | 506 |
Monsanto Co. | 2.850% | 4/15/25 | 2,725 | 2,664 |
Monsanto Co. | 5.500% | 8/15/25 | 2,353 | 2,686 |
Monsanto Co. | 4.200% | 7/15/34 | 9,025 | 9,371 |
Monsanto Co. | 3.600% | 7/15/42 | 6,341 | 5,749 |
Monsanto Co. | 4.650% | 11/15/43 | 1,775 | 1,873 |
Monsanto Co. | 3.950% | 4/15/45 | 8,500 | 8,382 |
Monsanto Co. | 4.700% | 7/15/64 | 9,860 | 10,255 |
Mosaic Co. | 3.750% | 11/15/21 | 6,085 | 6,225 |
Mosaic Co. | 3.250% | 11/15/22 | 10,190 | 10,088 |
Mosaic Co. | 4.250% | 11/15/23 | 12,982 | 13,442 |
Mosaic Co. | 4.050% | 11/15/27 | 7,950 | 7,966 |
Mosaic Co. | 5.450% | 11/15/33 | 3,029 | 3,273 |
Mosaic Co. | 4.875% | 11/15/41 | 1,568 | 1,557 |
Mosaic Co. | 5.625% | 11/15/43 | 3,981 | 4,283 |
Newmont Mining Corp. | 5.125% | 10/1/19 | 2,045 | 2,130 |
Newmont Mining Corp. | 3.500% | 3/15/22 | 340 | 347 |
Newmont Mining Corp. | 5.875% | 4/1/35 | 2,155 | 2,611 |
Newmont Mining Corp. | 6.250% | 10/1/39 | 11,178 | 14,267 |
Newmont Mining Corp. | 4.875% | 3/15/42 | 9,108 | 10,002 |
Nucor Corp. | 4.125% | 9/15/22 | 382 | 403 |
Nucor Corp. | 4.000% | 8/1/23 | 11,195 | 11,751 |
Nucor Corp. | 6.400% | 12/1/37 | 10,438 | 13,882 |
Nucor Corp. | 5.200% | 8/1/43 | 13,225 | 15,934 |
Packaging Corp. of America | 3.900% | 6/15/22 | 6,015 | 6,250 |
Packaging Corp. of America | 4.500% | 11/1/23 | 18,982 | 20,415 |
Packaging Corp. of America | 3.650% | 9/15/24 | 4,882 | 5,000 |
Packaging Corp. of America | 3.400% | 12/15/27 | 4,000 | 4,009 |
Placer Dome Inc. | 6.450% | 10/15/35 | 2,175 | 2,757 |
Potash Corp. of Saskatchewan Inc. | 6.500% | 5/15/19 | 1,441 | 1,515 |
Potash Corp. of Saskatchewan Inc. | 4.875% | 3/30/20 | 7,003 | 7,320 |
Potash Corp. of Saskatchewan Inc. | 3.625% | 3/15/24 | 5,375 | 5,501 |
Potash Corp. of Saskatchewan Inc. | 3.000% | 4/1/25 | 9,096 | 8,869 |
Potash Corp. of Saskatchewan Inc. | 4.000% | 12/15/26 | 6,050 | 6,271 |
Potash Corp. of Saskatchewan Inc. | 5.875% | 12/1/36 | 725 | 885 |
Potash Corp. of Saskatchewan Inc. | 5.625% | 12/1/40 | 4,743 | 5,689 |
PPG Industries Inc. | 2.300% | 11/15/19 | 10,123 | 10,120 |
PPG Industries Inc. | 3.600% | 11/15/20 | 4,850 | 4,990 |
Praxair Inc. | 4.500% | 8/15/19 | 2,540 | 2,633 |
Praxair Inc. | 2.250% | 9/24/20 | 1,700 | 1,696 |
Praxair Inc. | 3.000% | 9/1/21 | 5,870 | 5,967 |
Praxair Inc. | 2.450% | 2/15/22 | 20,415 | 20,459 |
Praxair Inc. | 2.200% | 8/15/22 | 5,969 | 5,893 |
Praxair Inc. | 2.650% | 2/5/25 | 4,675 | 4,620 |
Praxair Inc. | 3.200% | 1/30/26 | 4,850 | 4,981 |
Praxair Inc. | 3.550% | 11/7/42 | 2,200 | 2,209 |
Rayonier Inc. | 3.750% | 4/1/22 | 2,875 | 2,907 |
Reliance Steel & Aluminum Co. | 4.500% | 4/15/23 | 1,790 | 1,887 |
Rio Tinto Alcan Inc. | 5.750% | 6/1/35 | 9,604 | 11,638 |
Rio Tinto Finance USA Ltd. | 4.125% | 5/20/21 | 4,315 | 4,527 |
Rio Tinto Finance USA Ltd. | 3.750% | 9/20/21 | 5,739 | 5,964 |
Rio Tinto Finance USA Ltd. | 3.750% | 6/15/25 | 41,215 | 43,168 |
Rio Tinto Finance USA Ltd. | 7.125% | 7/15/28 | 7,209 | 9,506 |
Rio Tinto Finance USA Ltd. | 5.200% | 11/2/40 | 13,156 | 15,987 |
Rio Tinto Finance USA plc | 3.500% | 3/22/22 | 903 | 932 |
Rio Tinto Finance USA plc | 2.875% | 8/21/22 | 1,693 | 1,702 |
Rio Tinto Finance USA plc | 4.750% | 3/22/42 | 4,618 | 5,337 |
Rio Tinto Finance USA plc | 4.125% | 8/21/42 | 9,370 | 10,074 |
Rohm & Haas Co. | 7.850% | 7/15/29 | 2,965 | 4,056 |
RPM International Inc. | 6.125% | 10/15/19 | 2,793 | 2,961 |
RPM International Inc. | 3.450% | 11/15/22 | 4,610 | 4,704 |
RPM International Inc. | 3.750% | 3/15/27 | 4,275 | 4,317 |
RPM International Inc. | 5.250% | 6/1/45 | 3,742 | 4,275 |
52
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
RPM International Inc. | 4.250% | 1/15/48 | 7,000 | 6,960 |
Sherwin-Williams Co. | 7.250% | 6/15/19 | 675 | 721 |
Sherwin-Williams Co. | 2.250% | 5/15/20 | 5,385 | 5,368 |
Sherwin-Williams Co. | 4.200% | 1/15/22 | 825 | 863 |
Sherwin-Williams Co. | 2.750% | 6/1/22 | 6,875 | 6,851 |
Sherwin-Williams Co. | 3.125% | 6/1/24 | 1,950 | 1,956 |
Sherwin-Williams Co. | 3.450% | 8/1/25 | 9,300 | 9,396 |
Sherwin-Williams Co. | 3.950% | 1/15/26 | 8,650 | 8,979 |
Sherwin-Williams Co. | 3.450% | 6/1/27 | 4,585 | 4,650 |
Sherwin-Williams Co. | 4.000% | 12/15/42 | 2,000 | 1,996 |
Sherwin-Williams Co. | 4.550% | 8/1/45 | 2,994 | 3,244 |
Sherwin-Williams Co. | 4.500% | 6/1/47 | 3,675 | 4,002 |
Southern Copper Corp. | 5.375% | 4/16/20 | 1,638 | 1,743 |
Southern Copper Corp. | 3.500% | 11/8/22 | 7,950 | 8,162 |
Southern Copper Corp. | 3.875% | 4/23/25 | 1,225 | 1,272 |
Southern Copper Corp. | 7.500% | 7/27/35 | 5,344 | 7,241 |
Southern Copper Corp. | 6.750% | 4/16/40 | 2,390 | 3,108 |
Southern Copper Corp. | 5.250% | 11/8/42 | 16,320 | 18,260 |
Southern Copper Corp. | 5.875% | 4/23/45 | 32,615 | 39,428 |
Syngenta Finance NV | 3.125% | 3/28/22 | 4,160 | 4,031 |
Syngenta Finance NV | 4.375% | 3/28/42 | 2,675 | 2,289 |
Vale Canada Ltd. | 7.200% | 9/15/32 | 1,475 | 1,698 |
Vale Overseas Ltd. | 5.875% | 6/10/21 | 44,350 | 48,397 |
Vale Overseas Ltd. | 4.375% | 1/11/22 | 24,375 | 25,228 |
Vale Overseas Ltd. | 6.250% | 8/10/26 | 11,600 | 13,441 |
Vale Overseas Ltd. | 8.250% | 1/17/34 | 2,312 | 3,061 |
Vale Overseas Ltd. | 6.875% | 11/21/36 | 14,434 | 17,700 |
Vale Overseas Ltd. | 6.875% | 11/10/39 | 13,864 | 16,949 |
Vale SA | 5.625% | 9/11/42 | 33,310 | 36,474 |
Westlake Chemical Corp. | 4.625% | 2/15/21 | 10,000 | 10,250 |
Westlake Chemical Corp. | 3.600% | 8/15/26 | 18,110 | 18,318 |
Westlake Chemical Corp. | 5.000% | 8/15/46 | 12,375 | 13,894 |
10 WestRock Co. | 3.000% | 9/15/24 | 4,000 | 3,946 |
10 WestRock Co. | 3.375% | 9/15/27 | 4,575 | 4,539 |
Westrock MWV LLC | 8.200% | 1/15/30 | 5,273 | 7,400 |
WestRock RKT Co. | 4.450% | 3/1/19 | 9,150 | 9,343 |
WestRock RKT Co. | 3.500% | 3/1/20 | 3,550 | 3,614 |
WestRock RKT Co. | 4.900% | 3/1/22 | 3,690 | 3,970 |
Weyerhaeuser Co. | 7.375% | 10/1/19 | 8,251 | 8,924 |
Weyerhaeuser Co. | 4.700% | 3/15/21 | 3,605 | 3,793 |
Weyerhaeuser Co. | 4.625% | 9/15/23 | 5,625 | 6,041 |
Weyerhaeuser Co. | 8.500% | 1/15/25 | 2,350 | 3,042 |
Weyerhaeuser Co. | 7.375% | 3/15/32 | 8,118 | 11,209 |
Weyerhaeuser Co. | 6.875% | 12/15/33 | 2,775 | 3,604 |
Yamana Gold Inc. | 4.950% | 7/15/24 | 2,105 | 2,197 |
10 Yamana Gold Inc. | 4.625% | 12/15/27 | 5,700 | 5,686 |
Capital Goods (1.4%) | ||||
3M Co. | 2.000% | 8/7/20 | 5,215 | 5,185 |
3M Co. | 1.625% | 9/19/21 | 2,600 | 2,521 |
3M Co. | 2.250% | 3/15/23 | 3,300 | 3,270 |
3M Co. | 3.000% | 8/7/25 | 2,350 | 2,378 |
3M Co. | 2.250% | 9/19/26 | 9,100 | 8,631 |
3M Co. | 2.875% | 10/15/27 | 7,000 | 6,960 |
3M Co. | 3.125% | 9/19/46 | 4,800 | 4,498 |
3M Co. | 3.625% | 10/15/47 | 6,000 | 6,155 |
ABB Finance USA Inc. | 2.875% | 5/8/22 | 3,678 | 3,740 |
ABB Finance USA Inc. | 4.375% | 5/8/42 | 1,678 | 1,799 |
Allegion US Holding Co. Inc. | 3.200% | 10/1/24 | 1,200 | 1,190 |
Allegion US Holding Co. Inc. | 3.550% | 10/1/27 | 4,710 | 4,632 |
Bemis Co. Inc. | 3.100% | 9/15/26 | 3,000 | 2,886 |
Boeing Capital Corp. | 4.700% | 10/27/19 | 6,025 | 6,296 |
Boeing Co. | 6.000% | 3/15/19 | 565 | 591 |
Boeing Co. | 4.875% | 2/15/20 | 14,065 | 14,857 |
53
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Boeing Co. | 1.650% | 10/30/20 | 1,555 | 1,530 |
Boeing Co. | 8.750% | 8/15/21 | 1,260 | 1,528 |
Boeing Co. | 2.350% | 10/30/21 | 9,645 | 9,650 |
Boeing Co. | 2.125% | 3/1/22 | 3,575 | 3,545 |
Boeing Co. | 1.875% | 6/15/23 | 6,800 | 6,539 |
Boeing Co. | 7.950% | 8/15/24 | 1,173 | 1,529 |
Boeing Co. | 2.850% | 10/30/24 | 7,483 | 7,532 |
Boeing Co. | 2.500% | 3/1/25 | 2,831 | 2,757 |
Boeing Co. | 7.250% | 6/15/25 | 675 | 856 |
Boeing Co. | 2.600% | 10/30/25 | 3,300 | 3,237 |
Boeing Co. | 2.250% | 6/15/26 | 1,200 | 1,138 |
Boeing Co. | 2.800% | 3/1/27 | 2,950 | 2,923 |
Boeing Co. | 8.750% | 9/15/31 | 850 | 1,307 |
Boeing Co. | 6.125% | 2/15/33 | 4,497 | 5,997 |
Boeing Co. | 3.300% | 3/1/35 | 3,950 | 3,887 |
Boeing Co. | 6.625% | 2/15/38 | 2,505 | 3,545 |
Boeing Co. | 6.875% | 3/15/39 | 2,853 | 4,190 |
Boeing Co. | 5.875% | 2/15/40 | 3,762 | 5,001 |
Boeing Co. | 3.375% | 6/15/46 | 3,800 | 3,686 |
Boeing Co. | 3.650% | 3/1/47 | 1,150 | 1,155 |
Carlisle Cos. Inc. | 3.750% | 11/15/22 | 3,205 | 3,285 |
Carlisle Cos. Inc. | 3.500% | 12/1/24 | 1,700 | 1,709 |
Carlisle Cos. Inc. | 3.750% | 12/1/27 | 4,000 | 4,041 |
Caterpillar Financial Services Corp. | 7.150% | 2/15/19 | 20,019 | 21,121 |
Caterpillar Financial Services Corp. | 1.350% | 5/18/19 | 11,955 | 11,846 |
Caterpillar Financial Services Corp. | 2.100% | 6/9/19 | 8,475 | 8,479 |
Caterpillar Financial Services Corp. | 2.000% | 11/29/19 | 8,050 | 8,027 |
Caterpillar Financial Services Corp. | 2.250% | 12/1/19 | 4,740 | 4,746 |
Caterpillar Financial Services Corp. | 2.100% | 1/10/20 | 6,050 | 6,037 |
Caterpillar Financial Services Corp. | 2.000% | 3/5/20 | 4,060 | 4,040 |
Caterpillar Financial Services Corp. | 1.850% | 9/4/20 | 9,250 | 9,101 |
Caterpillar Financial Services Corp. | 2.500% | 11/13/20 | 2,950 | 2,959 |
Caterpillar Financial Services Corp. | 1.700% | 8/9/21 | 28,641 | 27,871 |
Caterpillar Financial Services Corp. | 2.750% | 8/20/21 | 3,400 | 3,423 |
Caterpillar Financial Services Corp. | 1.931% | 10/1/21 | 2,500 | 2,445 |
Caterpillar Financial Services Corp. | 2.850% | 6/1/22 | 825 | 834 |
Caterpillar Financial Services Corp. | 2.400% | 6/6/22 | 8,000 | 7,945 |
Caterpillar Financial Services Corp. | 2.550% | 11/29/22 | 7,400 | 7,361 |
Caterpillar Financial Services Corp. | 3.750% | 11/24/23 | 3,100 | 3,258 |
Caterpillar Financial Services Corp. | 3.300% | 6/9/24 | 2,000 | 2,054 |
Caterpillar Financial Services Corp. | 3.250% | 12/1/24 | 5,337 | 5,455 |
Caterpillar Financial Services Corp. | 2.400% | 8/9/26 | 3,450 | 3,303 |
Caterpillar Inc. | 3.900% | 5/27/21 | 12,416 | 13,010 |
Caterpillar Inc. | 3.400% | 5/15/24 | 19,741 | 20,450 |
Caterpillar Inc. | 6.050% | 8/15/36 | 8,917 | 11,944 |
Caterpillar Inc. | 5.200% | 5/27/41 | 9,050 | 11,353 |
Caterpillar Inc. | 3.803% | 8/15/42 | 25,045 | 26,702 |
Caterpillar Inc. | 4.300% | 5/15/44 | 10,053 | 11,556 |
Caterpillar Inc. | 4.750% | 5/15/64 | 3,550 | 4,166 |
CNH Industrial Capital LLC | 4.375% | 11/6/20 | 1,885 | 1,956 |
CNH Industrial Capital LLC | 4.375% | 4/5/22 | 2,250 | 2,332 |
CNH Industrial NV | 3.850% | 11/15/27 | 10,100 | 10,075 |
Crane Co. | 4.450% | 12/15/23 | 7,950 | 8,320 |
CRH America Inc. | 5.750% | 1/15/21 | 4,750 | 5,144 |
Deere & Co. | 4.375% | 10/16/19 | 7,297 | 7,573 |
Deere & Co. | 2.600% | 6/8/22 | 28,778 | 28,832 |
Deere & Co. | 5.375% | 10/16/29 | 10,467 | 12,671 |
Deere & Co. | 8.100% | 5/15/30 | 5,517 | 7,926 |
Deere & Co. | 7.125% | 3/3/31 | 525 | 725 |
Deere & Co. | 3.900% | 6/9/42 | 7,170 | 7,757 |
Dover Corp. | 4.300% | 3/1/21 | 200 | 211 |
Dover Corp. | 3.150% | 11/15/25 | 7,640 | 7,744 |
Dover Corp. | 5.375% | 10/15/35 | 2,650 | 3,196 |
Dover Corp. | 6.600% | 3/15/38 | 3,115 | 4,217 |
54
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Dover Corp. | 5.375% | 3/1/41 | 4,109 | 5,039 |
Eaton Corp. | 6.950% | 3/20/19 | 50 | 53 |
Eaton Corp. | 2.750% | 11/2/22 | 19,054 | 19,075 |
Eaton Corp. | 3.103% | 9/15/27 | 10,000 | 9,822 |
Eaton Corp. | 4.000% | 11/2/32 | 9,479 | 9,851 |
Eaton Corp. | 4.150% | 11/2/42 | 612 | 635 |
Eaton Corp. | 3.915% | 9/15/47 | 3,975 | 3,962 |
Embraer Netherlands Finance BV | 5.050% | 6/15/25 | 8,450 | 8,975 |
Embraer Netherlands Finance BV | 5.400% | 2/1/27 | 7,300 | 7,873 |
10 Embraer Overseas Ltd. | 5.696% | 9/16/23 | 5,630 | 6,183 |
Embraer SA | 5.150% | 6/15/22 | 1,300 | 1,385 |
Emerson Electric Co. | 4.875% | 10/15/19 | 3,595 | 3,763 |
Emerson Electric Co. | 4.250% | 11/15/20 | 745 | 784 |
Emerson Electric Co. | 2.625% | 12/1/21 | 15,600 | 15,745 |
Emerson Electric Co. | 2.625% | 2/15/23 | 3,225 | 3,214 |
Emerson Electric Co. | 3.150% | 6/1/25 | 3,950 | 3,996 |
Emerson Electric Co. | 6.000% | 8/15/32 | 1,100 | 1,352 |
Exelis Inc. | 5.550% | 10/1/21 | 2,400 | 2,627 |
FLIR Systems Inc. | 3.125% | 6/15/21 | 1,600 | 1,607 |
Flowserve Corp. | 3.500% | 9/15/22 | 16,725 | 16,815 |
Flowserve Corp. | 4.000% | 11/15/23 | 4,225 | 4,321 |
Fortive Corp. | 1.800% | 6/15/19 | 1,300 | 1,291 |
Fortive Corp. | 2.350% | 6/15/21 | 9,795 | 9,681 |
Fortive Corp. | 3.150% | 6/15/26 | 5,865 | 5,833 |
Fortive Corp. | 4.300% | 6/15/46 | 9,425 | 10,047 |
Fortune Brands Home & Security Inc. | 3.000% | 6/15/20 | 1,930 | 1,947 |
Fortune Brands Home & Security Inc. | 4.000% | 6/15/25 | 4,750 | 4,954 |
General Dynamics Corp. | 3.875% | 7/15/21 | 5,819 | 6,089 |
General Dynamics Corp. | 2.250% | 11/15/22 | 9,975 | 9,819 |
General Dynamics Corp. | 1.875% | 8/15/23 | 10,490 | 10,023 |
General Dynamics Corp. | 2.375% | 11/15/24 | 13,750 | 13,416 |
General Dynamics Corp. | 2.125% | 8/15/26 | 4,800 | 4,495 |
General Dynamics Corp. | 2.625% | 11/15/27 | 8,100 | 7,825 |
General Dynamics Corp. | 3.600% | 11/15/42 | 3,943 | 3,992 |
General Electric Co. | 6.000% | 8/7/19 | 14,000 | 14,801 |
General Electric Co. | 2.100% | 12/11/19 | 1,341 | 1,339 |
General Electric Co. | 5.500% | 1/8/20 | 11,674 | 12,391 |
General Electric Co. | 2.200% | 1/9/20 | 15,031 | 14,978 |
General Electric Co. | 5.550% | 5/4/20 | 16,201 | 17,346 |
General Electric Co. | 4.375% | 9/16/20 | 18,108 | 19,000 |
General Electric Co. | 4.625% | 1/7/21 | 11,421 | 12,095 |
General Electric Co. | 5.300% | 2/11/21 | 10,828 | 11,646 |
General Electric Co. | 4.650% | 10/17/21 | 17,260 | 18,493 |
General Electric Co. | 3.150% | 9/7/22 | 4,743 | 4,818 |
General Electric Co. | 2.700% | 10/9/22 | 33,433 | 33,366 |
General Electric Co. | 3.100% | 1/9/23 | 18,545 | 18,817 |
General Electric Co. | 3.375% | 3/11/24 | 5,875 | 6,044 |
General Electric Co. | 3.450% | 5/15/24 | 5,055 | 5,211 |
General Electric Co. | 6.750% | 3/15/32 | 30,647 | 41,963 |
General Electric Co. | 7.500% | 8/21/35 | 100 | 141 |
General Electric Co. | 6.150% | 8/7/37 | 9,368 | 12,447 |
General Electric Co. | 5.875% | 1/14/38 | 31,938 | 41,200 |
General Electric Co. | 6.875% | 1/10/39 | 20,274 | 29,156 |
General Electric Co. | 4.125% | 10/9/42 | 24,074 | 25,229 |
General Electric Co. | 4.500% | 3/11/44 | 27,186 | 30,116 |
Harris Corp. | 2.700% | 4/27/20 | 2,540 | 2,547 |
Harris Corp. | 4.400% | 12/15/20 | 3,995 | 4,188 |
Harris Corp. | 3.832% | 4/27/25 | 9,780 | 10,113 |
Harris Corp. | 4.854% | 4/27/35 | 4,225 | 4,716 |
Harris Corp. | 6.150% | 12/15/40 | 7,628 | 9,579 |
Harris Corp. | 5.054% | 4/27/45 | 4,056 | 4,760 |
Hexcel Corp. | 4.700% | 8/15/25 | 1,400 | 1,497 |
Honeywell International Inc. | 1.400% | 10/30/19 | 7,600 | 7,518 |
Honeywell International Inc. | 1.800% | 10/30/19 | 10,250 | 10,198 |
55
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Honeywell International Inc. | 4.250% | 3/1/21 | 11,025 | 11,661 |
Honeywell International Inc. | 1.850% | 11/1/21 | 11,000 | 10,790 |
Honeywell International Inc. | 3.350% | 12/1/23 | 7,160 | 7,447 |
Honeywell International Inc. | 2.500% | 11/1/26 | 13,575 | 13,078 |
Honeywell International Inc. | 5.700% | 3/15/36 | 1,435 | 1,861 |
Honeywell International Inc. | 5.700% | 3/15/37 | 9,056 | 11,834 |
Honeywell International Inc. | 5.375% | 3/1/41 | 6,300 | 8,054 |
Hubbell Inc. | 3.350% | 3/1/26 | 4,851 | 4,901 |
Hubbell Inc. | 3.150% | 8/15/27 | 2,050 | 2,034 |
10 Huntington Ingalls Industries Inc. | 3.483% | 12/1/27 | 5,275 | 5,262 |
Illinois Tool Works Inc. | 1.950% | 3/1/19 | 4,000 | 3,991 |
Illinois Tool Works Inc. | 6.250% | 4/1/19 | 12,800 | 13,442 |
Illinois Tool Works Inc. | 3.375% | 9/15/21 | 3,365 | 3,450 |
Illinois Tool Works Inc. | 3.500% | 3/1/24 | 2,014 | 2,105 |
Illinois Tool Works Inc. | 2.650% | 11/15/26 | 20,990 | 20,462 |
Illinois Tool Works Inc. | 4.875% | 9/15/41 | 4,920 | 5,920 |
Illinois Tool Works Inc. | 3.900% | 9/1/42 | 18,209 | 19,362 |
Ingersoll-Rand Global Holding Co. Ltd. | 2.875% | 1/15/19 | 5,000 | 5,026 |
Ingersoll-Rand Global Holding Co. Ltd. | 4.250% | 6/15/23 | 11,625 | 12,342 |
Ingersoll-Rand Global Holding Co. Ltd. | 5.750% | 6/15/43 | 3,850 | 4,838 |
Ingersoll-Rand Luxembourg Finance SA | 2.625% | 5/1/20 | 3,900 | 3,902 |
Ingersoll-Rand Luxembourg Finance SA | 3.550% | 11/1/24 | 2,840 | 2,931 |
Ingersoll-Rand Luxembourg Finance SA | 4.650% | 11/1/44 | 5,200 | 5,768 |
John Deere Capital Corp. | 1.950% | 1/8/19 | 4,750 | 4,741 |
John Deere Capital Corp. | 1.950% | 3/4/19 | 10,200 | 10,194 |
John Deere Capital Corp. | 2.250% | 4/17/19 | 5,950 | 5,962 |
John Deere Capital Corp. | 1.250% | 10/9/19 | 15,100 | 14,865 |
John Deere Capital Corp. | 1.700% | 1/15/20 | 6,035 | 5,975 |
John Deere Capital Corp. | 2.050% | 3/10/20 | 4,875 | 4,858 |
John Deere Capital Corp. | 2.200% | 3/13/20 | 2,000 | 1,996 |
John Deere Capital Corp. | 1.950% | 6/22/20 | 1,675 | 1,661 |
John Deere Capital Corp. | 2.375% | 7/14/20 | 1,000 | 1,002 |
John Deere Capital Corp. | 2.450% | 9/11/20 | 3,500 | 3,505 |
John Deere Capital Corp. | 2.550% | 1/8/21 | 200 | 201 |
John Deere Capital Corp. | 2.800% | 3/4/21 | 6,800 | 6,871 |
John Deere Capital Corp. | 3.900% | 7/12/21 | 5,853 | 6,135 |
John Deere Capital Corp. | 3.150% | 10/15/21 | 7,849 | 8,039 |
John Deere Capital Corp. | 2.650% | 1/6/22 | 3,400 | 3,419 |
John Deere Capital Corp. | 2.750% | 3/15/22 | 1,645 | 1,652 |
John Deere Capital Corp. | 2.150% | 9/8/22 | 14,500 | 14,167 |
John Deere Capital Corp. | 2.800% | 1/27/23 | 6,060 | 6,079 |
John Deere Capital Corp. | 2.800% | 3/6/23 | 12,608 | 12,617 |
John Deere Capital Corp. | 3.350% | 6/12/24 | 17,650 | 18,172 |
John Deere Capital Corp. | 2.650% | 6/24/24 | 1,550 | 1,530 |
John Deere Capital Corp. | 3.400% | 9/11/25 | 2,710 | 2,794 |
John Deere Capital Corp. | 2.650% | 6/10/26 | 2,075 | 2,025 |
John Deere Capital Corp. | 2.800% | 9/8/27 | 7,200 | 7,053 |
Johnson Controls International plc | 5.000% | 3/30/20 | 16,517 | 17,412 |
Johnson Controls International plc | 4.250% | 3/1/21 | 750 | 785 |
Johnson Controls International plc | 3.750% | 12/1/21 | 50 | 52 |
Johnson Controls International plc | 3.900% | 2/14/26 | 11,677 | 12,210 |
Johnson Controls International plc | 6.000% | 1/15/36 | 1,970 | 2,449 |
Johnson Controls International plc | 5.700% | 3/1/41 | 1,300 | 1,526 |
Johnson Controls International plc | 4.625% | 7/2/44 | 1,422 | 1,566 |
Johnson Controls International plc | 5.125% | 9/14/45 | 7,197 | 8,487 |
Johnson Controls International plc | 4.500% | 2/15/47 | 5,250 | 5,696 |
Johnson Controls International plc | 4.950% | 7/2/64 | 3,770 | 4,168 |
Kennametal Inc. | 2.650% | 11/1/19 | 3,800 | 3,792 |
Kennametal Inc. | 3.875% | 2/15/22 | 2,575 | 2,595 |
L3 Technologies Inc. | 5.200% | 10/15/19 | 12,920 | 13,540 |
L3 Technologies Inc. | 4.750% | 7/15/20 | 11,839 | 12,450 |
L3 Technologies Inc. | 4.950% | 2/15/21 | 11,320 | 11,994 |
L3 Technologies Inc. | 3.950% | 5/28/24 | 3,218 | 3,344 |
L3 Technologies Inc. | 3.850% | 12/15/26 | 1,910 | 1,965 |
56
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Lafarge SA | 7.125% | 7/15/36 | 4,850 | 6,354 |
Leggett & Platt Inc. | 3.800% | 11/15/24 | 4,600 | 4,682 |
Leggett & Platt Inc. | 3.500% | 11/15/27 | 14,100 | 13,955 |
Legrand France SA | 8.500% | 2/15/25 | 1,875 | 2,423 |
Lennox International Inc. | 3.000% | 11/15/23 | 1,000 | 989 |
Lockheed Martin Corp. | 4.250% | 11/15/19 | 6,681 | 6,933 |
Lockheed Martin Corp. | 2.500% | 11/23/20 | 12,855 | 12,952 |
Lockheed Martin Corp. | 3.350% | 9/15/21 | 15,428 | 15,858 |
Lockheed Martin Corp. | 3.100% | 1/15/23 | 8,160 | 8,288 |
Lockheed Martin Corp. | 2.900% | 3/1/25 | 2,652 | 2,639 |
Lockheed Martin Corp. | 3.550% | 1/15/26 | 21,358 | 22,169 |
Lockheed Martin Corp. | 3.600% | 3/1/35 | 7,485 | 7,500 |
Lockheed Martin Corp. | 4.500% | 5/15/36 | 4,820 | 5,390 |
Lockheed Martin Corp. | 6.150% | 9/1/36 | 16,874 | 22,290 |
Lockheed Martin Corp. | 5.720% | 6/1/40 | 5,260 | 6,715 |
Lockheed Martin Corp. | 4.850% | 9/15/41 | 5,872 | 6,686 |
Lockheed Martin Corp. | 4.070% | 12/15/42 | 2,850 | 2,995 |
Lockheed Martin Corp. | 3.800% | 3/1/45 | 2,957 | 2,980 |
Lockheed Martin Corp. | 4.700% | 5/15/46 | 18,782 | 21,831 |
Lockheed Martin Corp. | 4.090% | 9/15/52 | 6,561 | 6,869 |
Martin Marietta Materials Inc. | 3.450% | 6/1/27 | 6,400 | 6,317 |
Martin Marietta Materials Inc. | 3.500% | 12/15/27 | 5,500 | 5,458 |
Martin Marietta Materials Inc. | 4.250% | 12/15/47 | 10,000 | 9,894 |
Masco Corp. | 4.450% | 4/1/25 | 8,137 | 8,637 |
Masco Corp. | 4.375% | 4/1/26 | 2,469 | 2,607 |
Masco Corp. | 3.500% | 11/15/27 | 11,700 | 11,523 |
Masco Corp. | 6.500% | 8/15/32 | 27 | 33 |
Masco Corp. | 4.500% | 5/15/47 | 7,850 | 8,013 |
Mohawk Industries Inc. | 3.850% | 2/1/23 | 12,690 | 13,117 |
Northrop Grumman Corp. | 5.050% | 8/1/19 | 2,810 | 2,934 |
Northrop Grumman Corp. | 2.080% | 10/15/20 | 4,950 | 4,909 |
Northrop Grumman Corp. | 3.500% | 3/15/21 | 14,828 | 15,265 |
Northrop Grumman Corp. | 2.550% | 10/15/22 | 14,950 | 14,820 |
Northrop Grumman Corp. | 3.250% | 8/1/23 | 5,592 | 5,705 |
Northrop Grumman Corp. | 2.930% | 1/15/25 | 15,075 | 14,927 |
Northrop Grumman Corp. | 3.200% | 2/1/27 | 17,700 | 17,763 |
Northrop Grumman Corp. | 3.250% | 1/15/28 | 33,540 | 33,608 |
Northrop Grumman Corp. | 5.050% | 11/15/40 | 6,925 | 8,142 |
Northrop Grumman Corp. | 4.750% | 6/1/43 | 7,479 | 8,613 |
Northrop Grumman Corp. | 3.850% | 4/15/45 | 1,704 | 1,726 |
Northrop Grumman Corp. | 4.030% | 10/15/47 | 25,600 | 26,766 |
Northrop Grumman Systems Corp. | 7.875% | 3/1/26 | 2,475 | 3,227 |
Northrop Grumman Systems Corp. | 7.750% | 2/15/31 | 381 | 543 |
Owens Corning | 4.200% | 12/15/22 | 13,937 | 14,606 |
Owens Corning | 4.200% | 12/1/24 | 2,190 | 2,292 |
Owens Corning | 3.400% | 8/15/26 | 5,000 | 4,910 |
Owens Corning | 7.000% | 12/1/36 | 817 | 1,072 |
Owens Corning | 4.300% | 7/15/47 | 5,625 | 5,529 |
Parker-Hannifin Corp. | 3.500% | 9/15/22 | 3,800 | 3,921 |
Parker-Hannifin Corp. | 3.300% | 11/21/24 | 8,250 | 8,431 |
Parker-Hannifin Corp. | 3.250% | 3/1/27 | 9,415 | 9,493 |
Parker-Hannifin Corp. | 4.200% | 11/21/34 | 5,328 | 5,769 |
Parker-Hannifin Corp. | 6.250% | 5/15/38 | 4,563 | 6,027 |
Parker-Hannifin Corp. | 4.450% | 11/21/44 | 4,665 | 5,195 |
Parker-Hannifin Corp. | 4.100% | 3/1/47 | 5,125 | 5,495 |
Pentair Finance SA | 2.650% | 12/1/19 | 2,204 | 2,174 |
Precision Castparts Corp. | 2.250% | 6/15/20 | 4,880 | 4,888 |
Precision Castparts Corp. | 2.500% | 1/15/23 | 20,630 | 20,471 |
Precision Castparts Corp. | 3.250% | 6/15/25 | 11,482 | 11,746 |
Precision Castparts Corp. | 4.200% | 6/15/35 | 2,100 | 2,242 |
Precision Castparts Corp. | 3.900% | 1/15/43 | 6,700 | 6,936 |
Precision Castparts Corp. | 4.375% | 6/15/45 | 5,942 | 6,651 |
Raytheon Co. | 4.400% | 2/15/20 | 2,821 | 2,949 |
Raytheon Co. | 3.125% | 10/15/20 | 9,709 | 9,932 |
57
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Raytheon Co. | 2.500% | 12/15/22 | 12,903 | 12,852 |
Raytheon Co. | 3.150% | 12/15/24 | 4,625 | 4,719 |
Raytheon Co. | 7.200% | 8/15/27 | 4,810 | 6,404 |
Raytheon Co. | 4.875% | 10/15/40 | 1,540 | 1,851 |
Raytheon Co. | 4.700% | 12/15/41 | 7,700 | 9,075 |
Raytheon Co. | 4.200% | 12/15/44 | 2,400 | 2,681 |
Republic Services Inc. | 5.500% | 9/15/19 | 14,865 | 15,650 |
Republic Services Inc. | 5.000% | 3/1/20 | 7,410 | 7,801 |
Republic Services Inc. | 5.250% | 11/15/21 | 11,497 | 12,564 |
Republic Services Inc. | 3.550% | 6/1/22 | 5,493 | 5,659 |
Republic Services Inc. | 4.750% | 5/15/23 | 2,700 | 2,942 |
Republic Services Inc. | 3.200% | 3/15/25 | 7,100 | 7,130 |
Republic Services Inc. | 2.900% | 7/1/26 | 375 | 366 |
Republic Services Inc. | 6.200% | 3/1/40 | 6,273 | 8,164 |
Republic Services Inc. | 5.700% | 5/15/41 | 11,448 | 14,236 |
Rockwell Automation Inc. | 2.050% | 3/1/20 | 5,800 | 5,752 |
Rockwell Collins Inc. | 1.950% | 7/15/19 | 1,000 | 995 |
Rockwell Collins Inc. | 5.250% | 7/15/19 | 265 | 276 |
Rockwell Collins Inc. | 3.100% | 11/15/21 | 2,350 | 2,376 |
Rockwell Collins Inc. | 2.800% | 3/15/22 | 9,800 | 9,810 |
Rockwell Collins Inc. | 3.200% | 3/15/24 | 10,600 | 10,668 |
Rockwell Collins Inc. | 3.500% | 3/15/27 | 8,350 | 8,478 |
Rockwell Collins Inc. | 4.800% | 12/15/43 | 3,325 | 3,797 |
Rockwell Collins Inc. | 4.350% | 4/15/47 | 13,100 | 14,188 |
Roper Technologies Inc. | 6.250% | 9/1/19 | 3,210 | 3,411 |
Roper Technologies Inc. | 3.000% | 12/15/20 | 2,450 | 2,478 |
Roper Technologies Inc. | 2.800% | 12/15/21 | 6,625 | 6,629 |
Roper Technologies Inc. | 3.125% | 11/15/22 | 3,993 | 4,025 |
Roper Technologies Inc. | 3.850% | 12/15/25 | 1,200 | 1,239 |
Roper Technologies Inc. | 3.800% | 12/15/26 | 11,295 | 11,646 |
Snap-on Inc. | 6.125% | 9/1/21 | 3,700 | 4,166 |
Snap-on Inc. | 3.250% | 3/1/27 | 2,200 | 2,234 |
Sonoco Products Co. | 5.750% | 11/1/40 | 6,350 | 7,614 |
Spirit AeroSystems Inc. | 5.250% | 3/15/22 | 600 | 620 |
Spirit AeroSystems Inc. | 3.850% | 6/15/26 | 7,770 | 7,855 |
Stanley Black & Decker Inc. | 2.451% | 11/17/18 | 2,549 | 2,557 |
Stanley Black & Decker Inc. | 3.400% | 12/1/21 | 4,875 | 5,022 |
Stanley Black & Decker Inc. | 2.900% | 11/1/22 | 2,491 | 2,502 |
Stanley Black & Decker Inc. | 5.200% | 9/1/40 | 3,328 | 3,917 |
5 Stanley Black & Decker Inc. | 5.750% | 12/15/53 | 200 | 205 |
Textron Inc. | 4.300% | 3/1/24 | 3,725 | 3,949 |
Textron Inc. | 3.875% | 3/1/25 | 6,385 | 6,620 |
Textron Inc. | 4.000% | 3/15/26 | 6,700 | 6,983 |
Textron Inc. | 3.650% | 3/15/27 | 3,875 | 3,922 |
Textron Inc. | 3.375% | 3/1/28 | 4,200 | 4,172 |
The Timken Co. | 3.875% | 9/1/24 | 1,000 | 1,004 |
United Technologies Corp. | 1.500% | 11/1/19 | 7,900 | 7,807 |
United Technologies Corp. | 4.500% | 4/15/20 | 26,253 | 27,530 |
United Technologies Corp. | 1.900% | 5/4/20 | 15,700 | 15,540 |
United Technologies Corp. | 1.950% | 11/1/21 | 3,850 | 3,755 |
United Technologies Corp. | 2.300% | 5/4/22 | 400 | 395 |
United Technologies Corp. | 3.100% | 6/1/22 | 6,881 | 7,008 |
United Technologies Corp. | 2.800% | 5/4/24 | 13,500 | 13,395 |
United Technologies Corp. | 2.650% | 11/1/26 | 3,000 | 2,886 |
United Technologies Corp. | 3.125% | 5/4/27 | 6,850 | 6,839 |
United Technologies Corp. | 6.700% | 8/1/28 | 2,397 | 3,067 |
United Technologies Corp. | 7.500% | 9/15/29 | 4,596 | 6,324 |
United Technologies Corp. | 5.400% | 5/1/35 | 7,275 | 8,677 |
United Technologies Corp. | 6.050% | 6/1/36 | 8,412 | 10,793 |
United Technologies Corp. | 6.125% | 7/15/38 | 5,696 | 7,568 |
United Technologies Corp. | 5.700% | 4/15/40 | 10,830 | 13,782 |
United Technologies Corp. | 4.500% | 6/1/42 | 41,184 | 45,507 |
United Technologies Corp. | 4.150% | 5/15/45 | 9,425 | 10,010 |
United Technologies Corp. | 3.750% | 11/1/46 | 13,650 | 13,475 |
58
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
United Technologies Corp. | 4.050% | 5/4/47 | 3,075 | 3,219 |
Vulcan Materials Co. | 4.500% | 4/1/25 | 3,750 | 3,987 |
Vulcan Materials Co. | 4.500% | 6/15/47 | 8,975 | 9,146 |
Wabtec Corp. | 3.450% | 11/15/26 | 7,560 | 7,376 |
Waste Management Inc. | 4.750% | 6/30/20 | 10,314 | 10,923 |
Waste Management Inc. | 4.600% | 3/1/21 | 9,470 | 10,051 |
Waste Management Inc. | 2.900% | 9/15/22 | 250 | 252 |
Waste Management Inc. | 2.400% | 5/15/23 | 8,750 | 8,579 |
Waste Management Inc. | 3.500% | 5/15/24 | 3,250 | 3,366 |
Waste Management Inc. | 3.125% | 3/1/25 | 7,395 | 7,447 |
Waste Management Inc. | 3.150% | 11/15/27 | 12,853 | 12,794 |
Waste Management Inc. | 3.900% | 3/1/35 | 2,235 | 2,345 |
Waste Management Inc. | 6.125% | 11/30/39 | 575 | 756 |
Waste Management Inc. | 4.100% | 3/1/45 | 5,889 | 6,307 |
WW Grainger Inc. | 4.600% | 6/15/45 | 11,993 | 13,242 |
WW Grainger Inc. | 3.750% | 5/15/46 | 4,975 | 4,779 |
WW Grainger Inc. | 4.200% | 5/15/47 | 550 | 571 |
Xylem Inc. | 4.875% | 10/1/21 | 160 | 173 |
Xylem Inc. | 3.250% | 11/1/26 | 1,136 | 1,130 |
Xylem Inc. | 4.375% | 11/1/46 | 2,950 | 3,163 |
Communication (2.6%) | ||||
21st Century Fox America Inc. | 6.900% | 3/1/19 | 3,045 | 3,205 |
21st Century Fox America Inc. | 5.650% | 8/15/20 | 4,701 | 5,079 |
21st Century Fox America Inc. | 4.500% | 2/15/21 | 7,850 | 8,307 |
21st Century Fox America Inc. | 3.000% | 9/15/22 | 3,485 | 3,524 |
21st Century Fox America Inc. | 3.700% | 9/15/24 | 2,585 | 2,693 |
21st Century Fox America Inc. | 3.700% | 10/15/25 | 4,875 | 5,088 |
21st Century Fox America Inc. | 3.375% | 11/15/26 | 6,950 | 7,105 |
21st Century Fox America Inc. | 6.550% | 3/15/33 | 12,790 | 16,729 |
21st Century Fox America Inc. | 6.200% | 12/15/34 | 14,441 | 18,609 |
21st Century Fox America Inc. | 6.400% | 12/15/35 | 24,140 | 32,203 |
21st Century Fox America Inc. | 8.150% | 10/17/36 | 3,075 | 4,694 |
21st Century Fox America Inc. | 6.150% | 3/1/37 | 10,073 | 13,187 |
21st Century Fox America Inc. | 6.650% | 11/15/37 | 685 | 943 |
21st Century Fox America Inc. | 6.900% | 8/15/39 | 7,523 | 10,628 |
21st Century Fox America Inc. | 6.150% | 2/15/41 | 6,995 | 9,400 |
21st Century Fox America Inc. | 5.400% | 10/1/43 | 12,150 | 15,063 |
21st Century Fox America Inc. | 4.750% | 9/15/44 | 12,640 | 14,476 |
21st Century Fox America Inc. | 4.950% | 10/15/45 | 2,727 | 3,224 |
21st Century Fox America Inc. | 7.750% | 12/1/45 | 5,160 | 8,080 |
Activision Blizzard Inc. | 2.300% | 9/15/21 | 17,300 | 17,091 |
Activision Blizzard Inc. | 2.600% | 6/15/22 | 1,475 | 1,459 |
Activision Blizzard Inc. | 3.400% | 9/15/26 | 21,005 | 21,171 |
Activision Blizzard Inc. | 3.400% | 6/15/27 | 3,375 | 3,382 |
Activision Blizzard Inc. | 4.500% | 6/15/47 | 6,405 | 6,713 |
America Movil SAB de CV | 5.000% | 10/16/19 | 7,675 | 8,034 |
America Movil SAB de CV | 5.000% | 3/30/20 | 12,041 | 12,662 |
America Movil SAB de CV | 3.125% | 7/16/22 | 36,625 | 37,012 |
America Movil SAB de CV | 6.375% | 3/1/35 | 15,790 | 20,018 |
America Movil SAB de CV | 6.125% | 11/15/37 | 4,283 | 5,370 |
America Movil SAB de CV | 6.125% | 3/30/40 | 14,475 | 18,418 |
America Movil SAB de CV | 4.375% | 7/16/42 | 12,090 | 12,768 |
American Tower Corp. | 3.400% | 2/15/19 | 6,175 | 6,246 |
American Tower Corp. | 2.800% | 6/1/20 | 7,359 | 7,400 |
American Tower Corp. | 5.050% | 9/1/20 | 6,695 | 7,100 |
American Tower Corp. | 3.300% | 2/15/21 | 9,830 | 9,998 |
American Tower Corp. | 3.450% | 9/15/21 | 14,400 | 14,683 |
American Tower Corp. | 5.900% | 11/1/21 | 7,125 | 7,890 |
American Tower Corp. | 2.250% | 1/15/22 | 6,565 | 6,390 |
American Tower Corp. | 3.500% | 1/31/23 | 16,420 | 16,767 |
American Tower Corp. | 5.000% | 2/15/24 | 11,480 | 12,530 |
American Tower Corp. | 4.000% | 6/1/25 | 8,040 | 8,285 |
American Tower Corp. | 4.400% | 2/15/26 | 2,750 | 2,889 |
59
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
American Tower Corp. | 3.375% | 10/15/26 | 9,145 | 8,968 |
American Tower Corp. | 3.125% | 1/15/27 | 4,275 | 4,096 |
American Tower Corp. | 3.550% | 7/15/27 | 7,750 | 7,648 |
American Tower Corp. | 3.600% | 1/15/28 | 9,875 | 9,815 |
AT&T Corp. | 8.250% | 11/15/31 | 16,578 | 22,992 |
AT&T Inc. | 5.800% | 2/15/19 | 23,197 | 24,078 |
AT&T Inc. | 2.300% | 3/11/19 | 7,092 | 7,093 |
AT&T Inc. | 5.875% | 10/1/19 | 23,945 | 25,373 |
AT&T Inc. | 5.200% | 3/15/20 | 12,289 | 12,989 |
AT&T Inc. | 2.450% | 6/30/20 | 33,883 | 33,851 |
AT&T Inc. | 4.600% | 2/15/21 | 13,727 | 14,453 |
AT&T Inc. | 5.000% | 3/1/21 | 15,018 | 16,079 |
AT&T Inc. | 4.450% | 5/15/21 | 6,000 | 6,333 |
AT&T Inc. | 3.875% | 8/15/21 | 2,000 | 2,071 |
AT&T Inc. | 3.000% | 2/15/22 | 5,000 | 5,014 |
AT&T Inc. | 3.200% | 3/1/22 | 12,809 | 12,946 |
AT&T Inc. | 3.800% | 3/15/22 | 16,296 | 16,829 |
AT&T Inc. | 3.000% | 6/30/22 | 33,100 | 33,149 |
AT&T Inc. | 2.850% | 2/14/23 | 17,525 | 17,587 |
AT&T Inc. | 3.600% | 2/17/23 | 27,646 | 28,276 |
AT&T Inc. | 3.800% | 3/1/24 | 6,450 | 6,598 |
AT&T Inc. | 4.450% | 4/1/24 | 7,025 | 7,414 |
AT&T Inc. | 3.400% | 8/14/24 | 32,200 | 32,381 |
AT&T Inc. | 3.950% | 1/15/25 | 22,735 | 23,205 |
AT&T Inc. | 3.400% | 5/15/25 | 38,435 | 37,832 |
AT&T Inc. | 4.125% | 2/17/26 | 10,907 | 11,118 |
AT&T Inc. | 4.250% | 3/1/27 | 27,850 | 28,390 |
AT&T Inc. | 3.900% | 8/14/27 | 53,925 | 54,292 |
10 AT&T Inc. | 4.100% | 2/15/28 | 29,542 | 29,629 |
10 AT&T Inc. | 4.300% | 2/15/30 | 42,671 | 42,574 |
AT&T Inc. | 4.500% | 5/15/35 | 20,592 | 20,459 |
AT&T Inc. | 5.250% | 3/1/37 | 22,000 | 23,276 |
AT&T Inc. | 4.900% | 8/14/37 | 49,250 | 49,971 |
AT&T Inc. | 6.350% | 3/15/40 | 11,000 | 12,921 |
AT&T Inc. | 6.000% | 8/15/40 | 10,702 | 12,278 |
AT&T Inc. | 5.350% | 9/1/40 | 39,918 | 42,111 |
AT&T Inc. | 6.375% | 3/1/41 | 9,851 | 11,645 |
AT&T Inc. | 5.550% | 8/15/41 | 10,310 | 11,144 |
AT&T Inc. | 5.150% | 3/15/42 | 29,509 | 30,445 |
AT&T Inc. | 4.300% | 12/15/42 | 19,850 | 18,624 |
AT&T Inc. | 4.800% | 6/15/44 | 26,590 | 26,144 |
AT&T Inc. | 4.350% | 6/15/45 | 23,053 | 21,367 |
AT&T Inc. | 4.750% | 5/15/46 | 28,479 | 27,725 |
10 AT&T Inc. | 5.150% | 11/15/46 | 73,430 | 75,059 |
AT&T Inc. | 5.450% | 3/1/47 | 31,986 | 34,161 |
AT&T Inc. | 4.500% | 3/9/48 | 34,524 | 32,338 |
AT&T Inc. | 4.550% | 3/9/49 | 12,145 | 11,370 |
AT&T Inc. | 5.150% | 2/14/50 | 57,160 | 57,481 |
AT&T Inc. | 5.700% | 3/1/57 | 5,075 | 5,548 |
AT&T Inc. | 5.300% | 8/14/58 | 29,707 | 29,785 |
British Telecommunications plc | 2.350% | 2/14/19 | 7,825 | 7,834 |
British Telecommunications plc | 9.125% | 12/15/30 | 27,928 | 41,542 |
CBS Corp. | 2.300% | 8/15/19 | 6,610 | 6,613 |
CBS Corp. | 4.300% | 2/15/21 | 5,550 | 5,798 |
CBS Corp. | 3.375% | 3/1/22 | 7,037 | 7,149 |
CBS Corp. | 2.500% | 2/15/23 | 12,725 | 12,393 |
10 CBS Corp. | 2.900% | 6/1/23 | 3,825 | 3,758 |
CBS Corp. | 3.700% | 8/15/24 | 3,775 | 3,874 |
CBS Corp. | 3.500% | 1/15/25 | 3,753 | 3,764 |
CBS Corp. | 4.000% | 1/15/26 | 5,574 | 5,684 |
CBS Corp. | 2.900% | 1/15/27 | 12,800 | 11,987 |
CBS Corp. | 3.375% | 2/15/28 | 6,550 | 6,294 |
10 CBS Corp. | 3.700% | 6/1/28 | 6,300 | 6,206 |
CBS Corp. | 7.875% | 7/30/30 | 2,339 | 3,196 |
60
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
CBS Corp. | 5.500% | 5/15/33 | 668 | 734 |
CBS Corp. | 5.900% | 10/15/40 | 3,150 | 3,747 |
CBS Corp. | 4.850% | 7/1/42 | 9,711 | 10,208 |
CBS Corp. | 4.900% | 8/15/44 | 10,529 | 11,111 |
CBS Corp. | 4.600% | 1/15/45 | 6,725 | 6,805 |
CC Holdings GS V LLC / Crown Castle GS III Corp. | 3.849% | 4/15/23 | 11,201 | 11,560 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 3.579% | 7/23/20 | 23,880 | 24,312 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 4.464% | 7/23/22 | 31,555 | 32,846 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 4.908% | 7/23/25 | 49,485 | 52,341 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 3.750% | 2/15/28 | 10,460 | 10,022 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 4.200% | 3/15/28 | 13,650 | 13,546 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 6.384% | 10/23/35 | 21,349 | 25,017 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 6.484% | 10/23/45 | 36,643 | 42,844 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 5.375% | 5/1/47 | 26,175 | 26,997 |
Charter Communications Operating LLC / Charter | ||||
Communications Operating Capital | 6.834% | 10/23/55 | 4,700 | 5,630 |
Comcast Cable Communications Holdings Inc. | 9.455% | 11/15/22 | 7,156 | 9,348 |
Comcast Corp. | 5.700% | 7/1/19 | 7,230 | 7,603 |
Comcast Corp. | 5.150% | 3/1/20 | 9,418 | 9,999 |
Comcast Corp. | 1.625% | 1/15/22 | 24 | 23 |
Comcast Corp. | 3.125% | 7/15/22 | 14,480 | 14,806 |
Comcast Corp. | 2.850% | 1/15/23 | 975 | 983 |
Comcast Corp. | 2.750% | 3/1/23 | 12,125 | 12,139 |
Comcast Corp. | 3.000% | 2/1/24 | 24,270 | 24,452 |
Comcast Corp. | 3.600% | 3/1/24 | 1,820 | 1,893 |
Comcast Corp. | 3.375% | 2/15/25 | 9,532 | 9,800 |
Comcast Corp. | 3.375% | 8/15/25 | 14,079 | 14,441 |
Comcast Corp. | 3.150% | 3/1/26 | 24,595 | 24,798 |
Comcast Corp. | 2.350% | 1/15/27 | 9,350 | 8,819 |
Comcast Corp. | 3.300% | 2/1/27 | 19,220 | 19,607 |
Comcast Corp. | 3.150% | 2/15/28 | 29,355 | 29,468 |
Comcast Corp. | 4.250% | 1/15/33 | 16,262 | 17,672 |
Comcast Corp. | 7.050% | 3/15/33 | 4,042 | 5,626 |
Comcast Corp. | 4.200% | 8/15/34 | 13,423 | 14,313 |
Comcast Corp. | 5.650% | 6/15/35 | 3,871 | 4,827 |
Comcast Corp. | 4.400% | 8/15/35 | 11,916 | 13,015 |
Comcast Corp. | 6.500% | 11/15/35 | 17,005 | 22,964 |
Comcast Corp. | 3.200% | 7/15/36 | 11,245 | 10,768 |
Comcast Corp. | 6.450% | 3/15/37 | 11,469 | 15,559 |
Comcast Corp. | 6.950% | 8/15/37 | 14,889 | 21,194 |
Comcast Corp. | 6.400% | 5/15/38 | 9,297 | 12,601 |
Comcast Corp. | 6.400% | 3/1/40 | 700 | 971 |
Comcast Corp. | 4.650% | 7/15/42 | 19,172 | 21,615 |
Comcast Corp. | 4.500% | 1/15/43 | 8,311 | 9,198 |
Comcast Corp. | 4.750% | 3/1/44 | 7,777 | 8,878 |
Comcast Corp. | 4.600% | 8/15/45 | 22,714 | 25,498 |
Comcast Corp. | 3.400% | 7/15/46 | 15,099 | 14,170 |
Comcast Corp. | 4.000% | 8/15/47 | 8,925 | 9,312 |
Comcast Corp. | 3.969% | 11/1/47 | 21,077 | 21,770 |
Comcast Corp. | 3.999% | 11/1/49 | 10,017 | 10,245 |
Comcast Corp. | 4.049% | 11/1/52 | 8,367 | 8,548 |
Crown Castle International Corp. | 3.400% | 2/15/21 | 14,850 | 15,152 |
Crown Castle International Corp. | 2.250% | 9/1/21 | 7,175 | 7,052 |
Crown Castle International Corp. | 4.875% | 4/15/22 | 6,800 | 7,304 |
Crown Castle International Corp. | 5.250% | 1/15/23 | 17,669 | 19,345 |
Crown Castle International Corp. | 3.200% | 9/1/24 | 12,075 | 11,914 |
61
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Crown Castle International Corp. | 4.450% | 2/15/26 | 19,135 | 20,085 |
Crown Castle International Corp. | 3.700% | 6/15/26 | 13,700 | 13,676 |
Crown Castle International Corp. | 4.000% | 3/1/27 | 5,900 | 6,025 |
Crown Castle International Corp. | 3.650% | 9/1/27 | 14,463 | 14,364 |
Crown Castle International Corp. | 4.750% | 5/15/47 | 2,850 | 2,997 |
Deutsche Telekom International Finance BV | 6.000% | 7/8/19 | 10,725 | 11,316 |
Deutsche Telekom International Finance BV | 8.750% | 6/15/30 | 43,683 | 65,286 |
Discovery Communications LLC | 5.625% | 8/15/19 | 4,175 | 4,380 |
Discovery Communications LLC | 2.200% | 9/20/19 | 5,112 | 5,089 |
Discovery Communications LLC | 4.375% | 6/15/21 | 4,925 | 5,145 |
Discovery Communications LLC | 3.300% | 5/15/22 | 5,310 | 5,356 |
Discovery Communications LLC | 2.950% | 3/20/23 | 10,950 | 10,817 |
Discovery Communications LLC | 3.250% | 4/1/23 | 2,500 | 2,484 |
Discovery Communications LLC | 3.800% | 3/13/24 | 5,000 | 5,070 |
Discovery Communications LLC | 3.450% | 3/15/25 | 7,080 | 6,949 |
Discovery Communications LLC | 4.900% | 3/11/26 | 13,965 | 14,880 |
Discovery Communications LLC | 3.950% | 3/20/28 | 17,800 | 17,630 |
Discovery Communications LLC | 5.000% | 9/20/37 | 13,837 | 14,287 |
Discovery Communications LLC | 6.350% | 6/1/40 | 4,295 | 5,043 |
Discovery Communications LLC | 4.950% | 5/15/42 | 7,221 | 7,187 |
Discovery Communications LLC | 4.875% | 4/1/43 | 10,148 | 10,121 |
Discovery Communications LLC | 5.200% | 9/20/47 | 12,950 | 13,567 |
Electronic Arts Inc. | 3.700% | 3/1/21 | 10,015 | 10,306 |
Electronic Arts Inc. | 4.800% | 3/1/26 | 4,040 | 4,430 |
Grupo Televisa SAB | 6.625% | 3/18/25 | 3,864 | 4,572 |
Grupo Televisa SAB | 4.625% | 1/30/26 | 2,725 | 2,887 |
Grupo Televisa SAB | 8.500% | 3/11/32 | 535 | 710 |
Grupo Televisa SAB | 6.625% | 1/15/40 | 6,368 | 7,825 |
Grupo Televisa SAB | 5.000% | 5/13/45 | 10,411 | 10,545 |
Grupo Televisa SAB | 6.125% | 1/31/46 | 13,167 | 15,534 |
Interpublic Group of Cos. Inc. | 3.750% | 2/15/23 | 5,475 | 5,623 |
Interpublic Group of Cos. Inc. | 4.200% | 4/15/24 | 14,565 | 15,282 |
Koninklijke KPN NV | 8.375% | 10/1/30 | 6,571 | 8,962 |
Moody's Corp. | 2.750% | 7/15/19 | 3,404 | 3,375 |
Moody's Corp. | 5.500% | 9/1/20 | 1,575 | 1,696 |
Moody's Corp. | 2.750% | 12/15/21 | 5,750 | 5,753 |
Moody's Corp. | 4.500% | 9/1/22 | 15,750 | 16,852 |
10 Moody's Corp. | 2.625% | 1/15/23 | 3,325 | 3,288 |
Moody's Corp. | 4.875% | 2/15/24 | 6,485 | 7,128 |
Moody's Corp. | 5.250% | 7/15/44 | 7,950 | 9,560 |
NBCUniversal Media LLC | 5.150% | 4/30/20 | 18,015 | 19,150 |
NBCUniversal Media LLC | 4.375% | 4/1/21 | 20,865 | 22,080 |
NBCUniversal Media LLC | 2.875% | 1/15/23 | 31,359 | 31,638 |
NBCUniversal Media LLC | 6.400% | 4/30/40 | 13,865 | 18,814 |
NBCUniversal Media LLC | 5.950% | 4/1/41 | 8,233 | 10,747 |
NBCUniversal Media LLC | 4.450% | 1/15/43 | 15,492 | 16,890 |
Omnicom Group Inc. | 6.250% | 7/15/19 | 670 | 709 |
Omnicom Group Inc. | 4.450% | 8/15/20 | 21,740 | 22,779 |
Omnicom Group Inc. | 3.625% | 5/1/22 | 18,393 | 18,988 |
Omnicom Group Inc. | 3.650% | 11/1/24 | 10,563 | 10,778 |
Omnicom Group Inc. | 3.600% | 4/15/26 | 8,535 | 8,630 |
Orange SA | 2.750% | 2/6/19 | 5,150 | 5,183 |
Orange SA | 5.375% | 7/8/19 | 9,559 | 9,979 |
Orange SA | 1.625% | 11/3/19 | 11,200 | 11,061 |
Orange SA | 4.125% | 9/14/21 | 24,345 | 25,756 |
Orange SA | 9.000% | 3/1/31 | 23,475 | 35,286 |
Orange SA | 5.375% | 1/13/42 | 18,955 | 22,485 |
Orange SA | 5.500% | 2/6/44 | 746 | 913 |
RELX Capital Inc. | 3.125% | 10/15/22 | 11,468 | 11,488 |
Rogers Communications Inc. | 3.000% | 3/15/23 | 7,150 | 7,155 |
Rogers Communications Inc. | 4.100% | 10/1/23 | 5,396 | 5,671 |
Rogers Communications Inc. | 3.625% | 12/15/25 | 3,990 | 4,073 |
Rogers Communications Inc. | 2.900% | 11/15/26 | 5,400 | 5,221 |
Rogers Communications Inc. | 7.500% | 8/15/38 | 1,258 | 1,773 |
62
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Rogers Communications Inc. | 4.500% | 3/15/43 | 3,933 | 4,208 |
Rogers Communications Inc. | 5.450% | 10/1/43 | 1,100 | 1,328 |
Rogers Communications Inc. | 5.000% | 3/15/44 | 11,438 | 13,134 |
S&P Global Inc. | 3.300% | 8/14/20 | 6,875 | 7,003 |
S&P Global Inc. | 4.000% | 6/15/25 | 7,539 | 7,928 |
S&P Global Inc. | 4.400% | 2/15/26 | 12,475 | 13,450 |
S&P Global Inc. | 2.950% | 1/22/27 | 10,430 | 10,151 |
S&P Global Inc. | 6.550% | 11/15/37 | 6,315 | 8,358 |
Scripps Networks Interactive Inc. | 2.750% | 11/15/19 | 5,465 | 5,475 |
Scripps Networks Interactive Inc. | 2.800% | 6/15/20 | 5,375 | 5,365 |
Scripps Networks Interactive Inc. | 3.500% | 6/15/22 | 4,075 | 4,125 |
Scripps Networks Interactive Inc. | 3.900% | 11/15/24 | 7,425 | 7,584 |
Scripps Networks Interactive Inc. | 3.950% | 6/15/25 | 5,725 | 5,801 |
TCI Communications Inc. | 7.875% | 2/15/26 | 4,868 | 6,449 |
TCI Communications Inc. | 7.125% | 2/15/28 | 2,472 | 3,244 |
Telefonica Emisiones SAU | 5.877% | 7/15/19 | 9,533 | 10,020 |
Telefonica Emisiones SAU | 5.134% | 4/27/20 | 9,605 | 10,166 |
Telefonica Emisiones SAU | 5.462% | 2/16/21 | 17,154 | 18,554 |
Telefonica Emisiones SAU | 4.570% | 4/27/23 | 13,450 | 14,470 |
Telefonica Emisiones SAU | 4.103% | 3/8/27 | 12,040 | 12,410 |
Telefonica Emisiones SAU | 7.045% | 6/20/36 | 24,302 | 32,504 |
Telefonica Emisiones SAU | 5.213% | 3/8/47 | 25,485 | 28,853 |
Telefonica Europe BV | 8.250% | 9/15/30 | 9,627 | 13,535 |
TELUS Corp. | 2.800% | 2/16/27 | 7,350 | 6,982 |
Thomson Reuters Corp. | 4.700% | 10/15/19 | 1,850 | 1,922 |
Thomson Reuters Corp. | 4.300% | 11/23/23 | 9,533 | 10,073 |
Thomson Reuters Corp. | 3.850% | 9/29/24 | 7,150 | 7,366 |
Thomson Reuters Corp. | 3.350% | 5/15/26 | 5,200 | 5,157 |
Thomson Reuters Corp. | 5.500% | 8/15/35 | 8,250 | 9,416 |
Thomson Reuters Corp. | 5.850% | 4/15/40 | 6,170 | 7,478 |
Thomson Reuters Corp. | 4.500% | 5/23/43 | 1,825 | 1,874 |
Thomson Reuters Corp. | 5.650% | 11/23/43 | 9,650 | 11,614 |
Time Warner Cable LLC | 8.750% | 2/14/19 | 13,177 | 14,069 |
Time Warner Cable LLC | 8.250% | 4/1/19 | 12,951 | 13,842 |
Time Warner Cable LLC | 5.000% | 2/1/20 | 17,660 | 18,417 |
Time Warner Cable LLC | 4.125% | 2/15/21 | 2,887 | 2,975 |
Time Warner Cable LLC | 4.000% | 9/1/21 | 14,097 | 14,480 |
Time Warner Cable LLC | 6.550% | 5/1/37 | 13,223 | 15,447 |
Time Warner Cable LLC | 7.300% | 7/1/38 | 15,778 | 19,687 |
Time Warner Cable LLC | 6.750% | 6/15/39 | 17,126 | 20,450 |
Time Warner Cable LLC | 5.875% | 11/15/40 | 22,533 | 24,581 |
Time Warner Cable LLC | 5.500% | 9/1/41 | 10,125 | 10,568 |
Time Warner Cable LLC | 4.500% | 9/15/42 | 12,890 | 12,157 |
Time Warner Entertainment Co. LP | 8.375% | 7/15/33 | 6,988 | 9,623 |
Time Warner Inc. | 2.100% | 6/1/19 | 12,280 | 12,224 |
Time Warner Inc. | 4.875% | 3/15/20 | 17,005 | 17,860 |
Time Warner Inc. | 4.700% | 1/15/21 | 7,920 | 8,372 |
Time Warner Inc. | 4.750% | 3/29/21 | 15,340 | 16,311 |
Time Warner Inc. | 4.000% | 1/15/22 | 3,100 | 3,231 |
Time Warner Inc. | 3.400% | 6/15/22 | 3,695 | 3,768 |
Time Warner Inc. | 4.050% | 12/15/23 | 550 | 572 |
Time Warner Inc. | 3.550% | 6/1/24 | 7,250 | 7,361 |
Time Warner Inc. | 3.600% | 7/15/25 | 20,526 | 20,533 |
Time Warner Inc. | 3.875% | 1/15/26 | 17,050 | 17,298 |
Time Warner Inc. | 3.800% | 2/15/27 | 23,909 | 23,864 |
Time Warner Inc. | 5.375% | 10/15/41 | 5,055 | 5,584 |
Time Warner Inc. | 4.900% | 6/15/42 | 5,304 | 5,573 |
Time Warner Inc. | 5.350% | 12/15/43 | 7,935 | 8,788 |
Time Warner Inc. | 4.650% | 6/1/44 | 10,887 | 10,931 |
Verizon Communications Inc. | 2.625% | 2/21/20 | 11,710 | 11,801 |
Verizon Communications Inc. | 3.450% | 3/15/21 | 10,395 | 10,698 |
Verizon Communications Inc. | 4.600% | 4/1/21 | 14,650 | 15,586 |
Verizon Communications Inc. | 1.750% | 8/15/21 | 2,550 | 2,481 |
Verizon Communications Inc. | 3.000% | 11/1/21 | 13,914 | 14,077 |
63
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Verizon Communications Inc. | 3.500% | 11/1/21 | 19,714 | 20,287 |
Verizon Communications Inc. | 2.946% | 3/15/22 | 34,110 | 34,312 |
Verizon Communications Inc. | 3.125% | 3/16/22 | 19,200 | 19,449 |
Verizon Communications Inc. | 2.450% | 11/1/22 | 15,825 | 15,559 |
Verizon Communications Inc. | 5.150% | 9/15/23 | 61,465 | 68,357 |
Verizon Communications Inc. | 4.150% | 3/15/24 | 19,560 | 20,592 |
Verizon Communications Inc. | 3.500% | 11/1/24 | 22,949 | 23,361 |
10 Verizon Communications Inc. | 3.376% | 2/15/25 | 41,853 | 41,958 |
Verizon Communications Inc. | 2.625% | 8/15/26 | 27,450 | 25,844 |
Verizon Communications Inc. | 4.125% | 3/16/27 | 42,250 | 44,093 |
Verizon Communications Inc. | 4.500% | 8/10/33 | 33,815 | 35,307 |
Verizon Communications Inc. | 4.400% | 11/1/34 | 39,288 | 40,019 |
Verizon Communications Inc. | 4.272% | 1/15/36 | 31,374 | 31,211 |
Verizon Communications Inc. | 5.250% | 3/16/37 | 41,647 | 45,780 |
Verizon Communications Inc. | 4.812% | 3/15/39 | 22,710 | 23,753 |
Verizon Communications Inc. | 4.750% | 11/1/41 | 12,209 | 12,465 |
Verizon Communications Inc. | 3.850% | 11/1/42 | 13,292 | 12,037 |
Verizon Communications Inc. | 4.125% | 8/15/46 | 24,007 | 22,188 |
Verizon Communications Inc. | 4.862% | 8/21/46 | 47,080 | 49,078 |
Verizon Communications Inc. | 5.500% | 3/16/47 | 15,100 | 17,207 |
Verizon Communications Inc. | 4.522% | 9/15/48 | 50,398 | 49,640 |
Verizon Communications Inc. | 5.012% | 4/15/49 | 47,857 | 50,176 |
Verizon Communications Inc. | 5.012% | 8/21/54 | 58,462 | 59,833 |
Verizon Communications Inc. | 4.672% | 3/15/55 | 57,371 | 55,335 |
Viacom Inc. | 5.625% | 9/15/19 | 12,625 | 13,214 |
Viacom Inc. | 3.875% | 12/15/21 | 4,908 | 4,998 |
Viacom Inc. | 4.250% | 9/1/23 | 15,301 | 15,535 |
Viacom Inc. | 3.875% | 4/1/24 | 9,662 | 9,630 |
Viacom Inc. | 3.450% | 10/4/26 | 8,825 | 8,378 |
Viacom Inc. | 6.875% | 4/30/36 | 9,214 | 10,545 |
Viacom Inc. | 4.375% | 3/15/43 | 24,278 | 20,922 |
Viacom Inc. | 5.850% | 9/1/43 | 6,365 | 6,586 |
Vodafone Group plc | 5.450% | 6/10/19 | 8,130 | 8,487 |
Vodafone Group plc | 4.375% | 3/16/21 | 5,025 | 5,309 |
Vodafone Group plc | 2.500% | 9/26/22 | 13,284 | 13,175 |
Vodafone Group plc | 2.950% | 2/19/23 | 17,745 | 17,842 |
Vodafone Group plc | 7.875% | 2/15/30 | 755 | 1,019 |
Vodafone Group plc | 6.250% | 11/30/32 | 7,500 | 9,167 |
Vodafone Group plc | 6.150% | 2/27/37 | 10,425 | 13,027 |
Vodafone Group plc | 4.375% | 2/19/43 | 24,924 | 25,542 |
Walt Disney Co. | 1.650% | 1/8/19 | 2,100 | 2,095 |
Walt Disney Co. | 1.850% | 5/30/19 | 9,705 | 9,672 |
Walt Disney Co. | 0.875% | 7/12/19 | 5,150 | 5,056 |
Walt Disney Co. | 1.950% | 3/4/20 | 5,525 | 5,506 |
Walt Disney Co. | 1.800% | 6/5/20 | 8,450 | 8,369 |
Walt Disney Co. | 2.150% | 9/17/20 | 4,000 | 3,997 |
Walt Disney Co. | 2.300% | 2/12/21 | 6,932 | 6,929 |
Walt Disney Co. | 2.750% | 8/16/21 | 9,293 | 9,407 |
Walt Disney Co. | 2.550% | 2/15/22 | 3,781 | 3,789 |
Walt Disney Co. | 2.450% | 3/4/22 | 3,200 | 3,196 |
Walt Disney Co. | 2.350% | 12/1/22 | 6,836 | 6,775 |
Walt Disney Co. | 3.150% | 9/17/25 | 5,400 | 5,483 |
Walt Disney Co. | 3.000% | 2/13/26 | 13,800 | 13,805 |
Walt Disney Co. | 1.850% | 7/30/26 | 17,400 | 15,916 |
Walt Disney Co. | 2.950% | 6/15/27 | 7,400 | 7,343 |
Walt Disney Co. | 7.000% | 3/1/32 | 2,843 | 3,964 |
Walt Disney Co. | 4.375% | 8/16/41 | 3,835 | 4,213 |
Walt Disney Co. | 4.125% | 12/1/41 | 12,700 | 13,671 |
Walt Disney Co. | 3.700% | 12/1/42 | 7,229 | 7,260 |
Walt Disney Co. | 4.125% | 6/1/44 | 7,001 | 7,533 |
Walt Disney Co. | 3.000% | 7/30/46 | 235 | 210 |
WPP Finance 2010 | 4.750% | 11/21/21 | 14,509 | 15,502 |
WPP Finance 2010 | 3.625% | 9/7/22 | 7,006 | 7,208 |
WPP Finance 2010 | 3.750% | 9/19/24 | 6,415 | 6,539 |
64
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
WPP Finance 2010 | 5.125% | 9/7/42 | 425 | 450 |
WPP Finance 2010 | 5.625% | 11/15/43 | 7,350 | 8,539 |
Consumer Cyclical (2.1%) | ||||
Advance Auto Parts Inc. | 4.500% | 1/15/22 | 2,525 | 2,654 |
Advance Auto Parts Inc. | 4.500% | 12/1/23 | 4,771 | 5,009 |
Alibaba Group Holding Ltd. | 2.500% | 11/28/19 | 23,600 | 23,630 |
Alibaba Group Holding Ltd. | 3.125% | 11/28/21 | 7,440 | 7,555 |
Alibaba Group Holding Ltd. | 2.800% | 6/6/23 | 5,900 | 5,866 |
Alibaba Group Holding Ltd. | 3.600% | 11/28/24 | 13,719 | 14,233 |
Alibaba Group Holding Ltd. | 3.400% | 12/6/27 | 29,250 | 29,239 |
Alibaba Group Holding Ltd. | 4.500% | 11/28/34 | 7,010 | 7,697 |
Alibaba Group Holding Ltd. | 4.000% | 12/6/37 | 3,000 | 3,098 |
Alibaba Group Holding Ltd. | 4.200% | 12/6/47 | 9,800 | 10,203 |
Alibaba Group Holding Ltd. | 4.400% | 12/6/57 | 8,175 | 8,549 |
Amazon.com Inc. | 2.600% | 12/5/19 | 16,709 | 16,880 |
10 Amazon.com Inc. | 1.900% | 8/21/20 | 11,650 | 11,567 |
Amazon.com Inc. | 3.300% | 12/5/21 | 12,404 | 12,798 |
Amazon.com Inc. | 2.500% | 11/29/22 | 8,063 | 8,057 |
10 Amazon.com Inc. | 2.400% | 2/22/23 | 14,350 | 14,196 |
10 Amazon.com Inc. | 2.800% | 8/22/24 | 16,618 | 16,563 |
Amazon.com Inc. | 3.800% | 12/5/24 | 6,130 | 6,476 |
Amazon.com Inc. | 5.200% | 12/3/25 | 10,735 | 12,318 |
10 Amazon.com Inc. | 3.150% | 8/22/27 | 34,900 | 34,944 |
Amazon.com Inc. | 4.800% | 12/5/34 | 17,946 | 20,946 |
10 Amazon.com Inc. | 3.875% | 8/22/37 | 22,000 | 23,345 |
Amazon.com Inc. | 4.950% | 12/5/44 | 15,850 | 19,197 |
10 Amazon.com Inc. | 4.050% | 8/22/47 | 36,700 | 39,526 |
10 Amazon.com Inc. | 4.250% | 8/22/57 | 28,900 | 31,465 |
American Honda Finance Corp. | 1.200% | 7/12/19 | 8,485 | 8,363 |
American Honda Finance Corp. | 2.250% | 8/15/19 | 10,725 | 10,738 |
American Honda Finance Corp. | 2.000% | 11/13/19 | 11,050 | 11,013 |
American Honda Finance Corp. | 2.000% | 2/14/20 | 2,000 | 1,990 |
American Honda Finance Corp. | 1.950% | 7/20/20 | 6,500 | 6,443 |
American Honda Finance Corp. | 2.450% | 9/24/20 | 19,217 | 19,263 |
American Honda Finance Corp. | 1.650% | 7/12/21 | 9,850 | 9,601 |
American Honda Finance Corp. | 1.700% | 9/9/21 | 15,625 | 15,181 |
American Honda Finance Corp. | 2.600% | 11/16/22 | 5,825 | 5,830 |
American Honda Finance Corp. | 2.900% | 2/16/24 | 7,175 | 7,185 |
American Honda Finance Corp. | 2.300% | 9/9/26 | 3,950 | 3,724 |
Aptiv plc | 3.150% | 11/19/20 | 7,815 | 7,927 |
Aptiv plc | 4.250% | 1/15/26 | 9,325 | 9,889 |
Aptiv plc | 4.400% | 10/1/46 | 4,220 | 4,273 |
Automatic Data Processing Inc. | 2.250% | 9/15/20 | 10,161 | 10,177 |
Automatic Data Processing Inc. | 3.375% | 9/15/25 | 7,120 | 7,340 |
AutoNation Inc. | 5.500% | 2/1/20 | 2,376 | 2,508 |
AutoNation Inc. | 3.350% | 1/15/21 | 3,205 | 3,247 |
AutoNation Inc. | 3.500% | 11/15/24 | 4,800 | 4,746 |
AutoNation Inc. | 4.500% | 10/1/25 | 7,600 | 7,967 |
AutoNation Inc. | 3.800% | 11/15/27 | 3,685 | 3,643 |
AutoZone Inc. | 2.500% | 4/15/21 | 3,605 | 3,576 |
AutoZone Inc. | 3.700% | 4/15/22 | 9,236 | 9,500 |
AutoZone Inc. | 2.875% | 1/15/23 | 2,091 | 2,083 |
AutoZone Inc. | 3.125% | 7/15/23 | 375 | 377 |
AutoZone Inc. | 3.250% | 4/15/25 | 5,975 | 5,954 |
AutoZone Inc. | 3.125% | 4/21/26 | 4,410 | 4,290 |
AutoZone Inc. | 3.750% | 6/1/27 | 5,500 | 5,581 |
Bed Bath & Beyond Inc. | 3.749% | 8/1/24 | 1,190 | 1,183 |
Bed Bath & Beyond Inc. | 4.915% | 8/1/34 | 3,650 | 3,297 |
Bed Bath & Beyond Inc. | 5.165% | 8/1/44 | 7,896 | 6,974 |
Best Buy Co. Inc. | 5.500% | 3/15/21 | 2,866 | 3,081 |
Block Financial LLC | 4.125% | 10/1/20 | 5,315 | 5,457 |
Block Financial LLC | 5.500% | 11/1/22 | 2,875 | 3,085 |
Block Financial LLC | 5.250% | 10/1/25 | 10,725 | 11,415 |
65
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
BorgWarner Inc. | 4.625% | 9/15/20 | 1,000 | 1,052 |
BorgWarner Inc. | 3.375% | 3/15/25 | 1,000 | 1,006 |
BorgWarner Inc. | 4.375% | 3/15/45 | 5,615 | 5,770 |
Carnival Corp. | 3.950% | 10/15/20 | 4,050 | 4,215 |
Costco Wholesale Corp. | 1.700% | 12/15/19 | 8,168 | 8,110 |
Costco Wholesale Corp. | 1.750% | 2/15/20 | 5,425 | 5,365 |
Costco Wholesale Corp. | 2.150% | 5/18/21 | 6,955 | 6,913 |
Costco Wholesale Corp. | 2.250% | 2/15/22 | 4,200 | 4,139 |
Costco Wholesale Corp. | 2.300% | 5/18/22 | 11,701 | 11,588 |
Costco Wholesale Corp. | 2.750% | 5/18/24 | 15,525 | 15,494 |
Costco Wholesale Corp. | 3.000% | 5/18/27 | 13,318 | 13,324 |
Cummins Inc. | 3.650% | 10/1/23 | 4,425 | 4,658 |
Cummins Inc. | 7.125% | 3/1/28 | 1,250 | 1,639 |
Cummins Inc. | 4.875% | 10/1/43 | 5,850 | 6,916 |
CVS Health Corp. | 2.250% | 8/12/19 | 12,365 | 12,308 |
CVS Health Corp. | 2.800% | 7/20/20 | 26,225 | 26,335 |
CVS Health Corp. | 2.125% | 6/1/21 | 19,850 | 19,392 |
CVS Health Corp. | 3.500% | 7/20/22 | 16,250 | 16,493 |
CVS Health Corp. | 2.750% | 12/1/22 | 17,530 | 17,241 |
CVS Health Corp. | 4.750% | 12/1/22 | 5,000 | 5,344 |
CVS Health Corp. | 4.000% | 12/5/23 | 10,086 | 10,493 |
CVS Health Corp. | 3.375% | 8/12/24 | 13,185 | 13,208 |
CVS Health Corp. | 3.875% | 7/20/25 | 26,529 | 27,318 |
CVS Health Corp. | 2.875% | 6/1/26 | 18,550 | 17,797 |
CVS Health Corp. | 4.875% | 7/20/35 | 1,400 | 1,543 |
CVS Health Corp. | 5.300% | 12/5/43 | 11,635 | 13,516 |
CVS Health Corp. | 5.125% | 7/20/45 | 33,870 | 38,886 |
Daimler Finance North America LLC | 8.500% | 1/18/31 | 13,812 | 20,761 |
Darden Restaurants Inc. | 3.850% | 5/1/27 | 5,550 | 5,644 |
Darden Restaurants Inc. | 6.800% | 10/15/37 | 2,000 | 2,670 |
Delphi Corp. | 4.150% | 3/15/24 | 7,520 | 7,956 |
Dollar General Corp. | 3.250% | 4/15/23 | 10,170 | 10,301 |
Dollar General Corp. | 4.150% | 11/1/25 | 3,500 | 3,717 |
Dollar General Corp. | 3.875% | 4/15/27 | 3,650 | 3,809 |
DR Horton Inc. | 3.750% | 3/1/19 | 1,775 | 1,800 |
DR Horton Inc. | 2.550% | 12/1/20 | 2,500 | 2,496 |
DR Horton Inc. | 4.375% | 9/15/22 | 5,950 | 6,265 |
DR Horton Inc. | 4.750% | 2/15/23 | 3,318 | 3,544 |
DR Horton Inc. | 5.750% | 8/15/23 | 7,595 | 8,519 |
eBay Inc. | 2.200% | 8/1/19 | 11,255 | 11,244 |
eBay Inc. | 2.150% | 6/5/20 | 2,425 | 2,405 |
eBay Inc. | 3.250% | 10/15/20 | 5,330 | 5,434 |
eBay Inc. | 2.875% | 8/1/21 | 7,760 | 7,810 |
eBay Inc. | 3.800% | 3/9/22 | 5,838 | 6,052 |
eBay Inc. | 2.600% | 7/15/22 | 7,605 | 7,533 |
eBay Inc. | 2.750% | 1/30/23 | 6,050 | 5,986 |
eBay Inc. | 3.450% | 8/1/24 | 8,375 | 8,481 |
eBay Inc. | 3.600% | 6/5/27 | 8,625 | 8,547 |
eBay Inc. | 4.000% | 7/15/42 | 6,448 | 5,924 |
Expedia Inc. | 5.950% | 8/15/20 | 7,696 | 8,279 |
Expedia Inc. | 4.500% | 8/15/24 | 5,130 | 5,358 |
Expedia Inc. | 5.000% | 2/15/26 | 9,275 | 9,916 |
10 Expedia Inc. | 3.800% | 2/15/28 | 6,560 | 6,338 |
Ford Holdings LLC | 9.300% | 3/1/30 | 4,325 | 6,109 |
Ford Motor Co. | 4.346% | 12/8/26 | 12,700 | 13,236 |
Ford Motor Co. | 6.625% | 10/1/28 | 5,861 | 7,134 |
Ford Motor Co. | 6.375% | 2/1/29 | 6,944 | 8,120 |
Ford Motor Co. | 7.450% | 7/16/31 | 18,936 | 24,565 |
Ford Motor Co. | 4.750% | 1/15/43 | 7,890 | 7,976 |
Ford Motor Co. | 7.400% | 11/1/46 | 6,675 | 9,062 |
Ford Motor Co. | 5.291% | 12/8/46 | 16,700 | 18,098 |
Ford Motor Credit Co. LLC | 2.943% | 1/8/19 | 700 | 704 |
Ford Motor Credit Co. LLC | 2.375% | 3/12/19 | 24,025 | 24,025 |
Ford Motor Credit Co. LLC | 2.262% | 3/28/19 | 5,600 | 5,585 |
66
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Ford Motor Credit Co. LLC | 1.897% | 8/12/19 | 10,750 | 10,648 |
Ford Motor Credit Co. LLC | 2.597% | 11/4/19 | 10,100 | 10,097 |
Ford Motor Credit Co. LLC | 2.681% | 1/9/20 | 18,700 | 18,726 |
Ford Motor Credit Co. LLC | 8.125% | 1/15/20 | 18,047 | 19,937 |
Ford Motor Credit Co. LLC | 2.459% | 3/27/20 | 2,002 | 1,995 |
Ford Motor Credit Co. LLC | 3.157% | 8/4/20 | 4,786 | 4,842 |
Ford Motor Credit Co. LLC | 2.343% | 11/2/20 | 14,800 | 14,649 |
Ford Motor Credit Co. LLC | 3.200% | 1/15/21 | 17,125 | 17,367 |
Ford Motor Credit Co. LLC | 5.750% | 2/1/21 | 20,700 | 22,429 |
Ford Motor Credit Co. LLC | 3.336% | 3/18/21 | 15,240 | 15,473 |
Ford Motor Credit Co. LLC | 5.875% | 8/2/21 | 21,636 | 23,700 |
Ford Motor Credit Co. LLC | 3.219% | 1/9/22 | 6,500 | 6,528 |
Ford Motor Credit Co. LLC | 3.339% | 3/28/22 | 7,325 | 7,411 |
Ford Motor Credit Co. LLC | 2.979% | 8/3/22 | 24,200 | 24,114 |
Ford Motor Credit Co. LLC | 4.250% | 9/20/22 | 7,690 | 8,050 |
Ford Motor Credit Co. LLC | 3.096% | 5/4/23 | 4,400 | 4,364 |
Ford Motor Credit Co. LLC | 4.375% | 8/6/23 | 15,020 | 15,774 |
Ford Motor Credit Co. LLC | 3.810% | 1/9/24 | 9,550 | 9,754 |
Ford Motor Credit Co. LLC | 3.664% | 9/8/24 | 4,775 | 4,823 |
Ford Motor Credit Co. LLC | 4.134% | 8/4/25 | 17,403 | 18,021 |
Ford Motor Credit Co. LLC | 4.389% | 1/8/26 | 10,152 | 10,623 |
Ford Motor Credit Co. LLC | 3.815% | 11/2/27 | 19,700 | 19,620 |
General Motors Co. | 4.875% | 10/2/23 | 16,853 | 18,184 |
General Motors Co. | 4.000% | 4/1/25 | 5,081 | 5,208 |
General Motors Co. | 5.000% | 4/1/35 | 12,140 | 12,884 |
General Motors Co. | 6.600% | 4/1/36 | 5,080 | 6,186 |
General Motors Co. | 5.150% | 4/1/38 | 1,700 | 1,812 |
General Motors Co. | 6.250% | 10/2/43 | 15,713 | 18,525 |
General Motors Co. | 5.200% | 4/1/45 | 14,237 | 14,929 |
General Motors Co. | 6.750% | 4/1/46 | 11,258 | 14,150 |
General Motors Co. | 5.400% | 4/1/48 | 9,156 | 9,987 |
General Motors Financial Co. Inc. | 3.100% | 1/15/19 | 17,850 | 17,963 |
General Motors Financial Co. Inc. | 2.400% | 5/9/19 | 11,429 | 11,428 |
General Motors Financial Co. Inc. | 3.500% | 7/10/19 | 11,434 | 11,603 |
General Motors Financial Co. Inc. | 2.350% | 10/4/19 | 8,504 | 8,476 |
General Motors Financial Co. Inc. | 3.150% | 1/15/20 | 10,175 | 10,275 |
General Motors Financial Co. Inc. | 2.650% | 4/13/20 | 17,000 | 16,993 |
General Motors Financial Co. Inc. | 3.200% | 7/13/20 | 38,220 | 38,647 |
General Motors Financial Co. Inc. | 2.450% | 11/6/20 | 27,900 | 27,665 |
General Motors Financial Co. Inc. | 3.700% | 11/24/20 | 15,702 | 16,083 |
General Motors Financial Co. Inc. | 4.200% | 3/1/21 | 9,675 | 10,048 |
General Motors Financial Co. Inc. | 3.200% | 7/6/21 | 18,181 | 18,354 |
General Motors Financial Co. Inc. | 4.375% | 9/25/21 | 6,140 | 6,431 |
General Motors Financial Co. Inc. | 3.450% | 1/14/22 | 6,239 | 6,311 |
General Motors Financial Co. Inc. | 3.450% | 4/10/22 | 13,644 | 13,821 |
General Motors Financial Co. Inc. | 3.150% | 6/30/22 | 8,615 | 8,603 |
General Motors Financial Co. Inc. | 3.700% | 5/9/23 | 15,825 | 16,147 |
General Motors Financial Co. Inc. | 4.250% | 5/15/23 | 9,132 | 9,522 |
General Motors Financial Co. Inc. | 3.950% | 4/13/24 | 13,800 | 14,191 |
General Motors Financial Co. Inc. | 3.500% | 11/7/24 | 20,900 | 20,768 |
General Motors Financial Co. Inc. | 4.000% | 1/15/25 | 9,650 | 9,909 |
General Motors Financial Co. Inc. | 4.300% | 7/13/25 | 9,169 | 9,543 |
General Motors Financial Co. Inc. | 5.250% | 3/1/26 | 5,939 | 6,514 |
General Motors Financial Co. Inc. | 4.000% | 10/6/26 | 9,520 | 9,650 |
General Motors Financial Co. Inc. | 4.350% | 1/17/27 | 15,467 | 16,083 |
Harley-Davidson Inc. | 3.500% | 7/28/25 | 5,425 | 5,536 |
Harley-Davidson Inc. | 4.625% | 7/28/45 | 5,410 | 5,862 |
Harman International Industries Inc. | 4.150% | 5/15/25 | 4,125 | 4,291 |
Home Depot Inc. | 2.000% | 6/15/19 | 10,775 | 10,779 |
Home Depot Inc. | 1.800% | 6/5/20 | 15,000 | 14,877 |
Home Depot Inc. | 3.950% | 9/15/20 | 5,225 | 5,449 |
Home Depot Inc. | 2.000% | 4/1/21 | 9,409 | 9,305 |
Home Depot Inc. | 4.400% | 4/1/21 | 34,173 | 36,211 |
Home Depot Inc. | 2.625% | 6/1/22 | 17,500 | 17,587 |
67
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Home Depot Inc. | 2.700% | 4/1/23 | 3,715 | 3,743 |
Home Depot Inc. | 3.750% | 2/15/24 | 10,873 | 11,460 |
Home Depot Inc. | 3.350% | 9/15/25 | 3,705 | 3,818 |
Home Depot Inc. | 3.000% | 4/1/26 | 10,750 | 10,754 |
Home Depot Inc. | 2.125% | 9/15/26 | 7,800 | 7,290 |
Home Depot Inc. | 2.800% | 9/14/27 | 17,300 | 16,990 |
Home Depot Inc. | 5.875% | 12/16/36 | 32,488 | 44,076 |
Home Depot Inc. | 5.400% | 9/15/40 | 5,668 | 7,256 |
Home Depot Inc. | 5.950% | 4/1/41 | 11,703 | 15,666 |
Home Depot Inc. | 4.200% | 4/1/43 | 16,350 | 17,929 |
Home Depot Inc. | 4.875% | 2/15/44 | 11,649 | 13,921 |
Home Depot Inc. | 4.400% | 3/15/45 | 5,717 | 6,470 |
Home Depot Inc. | 4.250% | 4/1/46 | 13,308 | 14,850 |
Home Depot Inc. | 3.900% | 6/15/47 | 6,150 | 6,468 |
Home Depot Inc. | 3.500% | 9/15/56 | 7,875 | 7,547 |
Hyatt Hotels Corp. | 5.375% | 8/15/21 | 1,347 | 1,449 |
Hyatt Hotels Corp. | 3.375% | 7/15/23 | 3,446 | 3,516 |
Hyatt Hotels Corp. | 4.850% | 3/15/26 | 900 | 980 |
JD.com Inc. | 3.875% | 4/29/26 | 5,620 | 5,640 |
Kohl's Corp. | 4.000% | 11/1/21 | 7,655 | 7,872 |
Kohl's Corp. | 3.250% | 2/1/23 | 1,018 | 1,009 |
Kohl's Corp. | 4.750% | 12/15/23 | 2,113 | 2,229 |
Kohl's Corp. | 4.250% | 7/17/25 | 6,875 | 6,997 |
Kohl's Corp. | 5.550% | 7/17/45 | 3,865 | 3,778 |
Lear Corp. | 5.250% | 1/15/25 | 6,962 | 7,397 |
Lear Corp. | 3.800% | 9/15/27 | 4,500 | 4,483 |
Lowe's Cos. Inc. | 1.150% | 4/15/19 | 4,800 | 4,748 |
Lowe's Cos. Inc. | 4.625% | 4/15/20 | 350 | 364 |
Lowe's Cos. Inc. | 3.750% | 4/15/21 | 2,012 | 2,087 |
Lowe's Cos. Inc. | 3.800% | 11/15/21 | 2,350 | 2,458 |
Lowe's Cos. Inc. | 3.120% | 4/15/22 | 9,061 | 9,230 |
Lowe's Cos. Inc. | 3.875% | 9/15/23 | 14,494 | 15,274 |
Lowe's Cos. Inc. | 3.125% | 9/15/24 | 12,869 | 13,048 |
Lowe's Cos. Inc. | 3.375% | 9/15/25 | 11,425 | 11,745 |
Lowe's Cos. Inc. | 2.500% | 4/15/26 | 12,033 | 11,514 |
Lowe's Cos. Inc. | 3.100% | 5/3/27 | 15,190 | 15,245 |
Lowe's Cos. Inc. | 6.500% | 3/15/29 | 1,099 | 1,410 |
Lowe's Cos. Inc. | 4.650% | 4/15/42 | 17,239 | 19,687 |
Lowe's Cos. Inc. | 4.250% | 9/15/44 | 3,555 | 3,876 |
Lowe's Cos. Inc. | 4.375% | 9/15/45 | 9,975 | 10,946 |
Lowe's Cos. Inc. | 3.700% | 4/15/46 | 15,896 | 15,942 |
Lowe's Cos. Inc. | 4.050% | 5/3/47 | 15,775 | 16,807 |
Macy's Retail Holdings Inc. | 3.450% | 1/15/21 | 2,735 | 2,748 |
Macy's Retail Holdings Inc. | 3.875% | 1/15/22 | 1,068 | 1,076 |
Macy's Retail Holdings Inc. | 2.875% | 2/15/23 | 13,775 | 12,879 |
Macy's Retail Holdings Inc. | 4.375% | 9/1/23 | 3,410 | 3,439 |
Macy's Retail Holdings Inc. | 3.625% | 6/1/24 | 1,375 | 1,324 |
Macy's Retail Holdings Inc. | 6.650% | 7/15/24 | 105 | 115 |
Macy's Retail Holdings Inc. | 6.900% | 4/1/29 | 14,490 | 15,307 |
Macy's Retail Holdings Inc. | 4.500% | 12/15/34 | 7,107 | 6,068 |
Macy's Retail Holdings Inc. | 6.375% | 3/15/37 | 4,245 | 4,326 |
Magna International Inc. | 3.625% | 6/15/24 | 7,277 | 7,510 |
Magna International Inc. | 4.150% | 10/1/25 | 1,518 | 1,616 |
Marriott International Inc. | 3.000% | 3/1/19 | 2,871 | 2,888 |
Marriott International Inc. | 3.375% | 10/15/20 | 9,058 | 9,236 |
Marriott International Inc. | 2.875% | 3/1/21 | 4,550 | 4,581 |
Marriott International Inc. | 3.125% | 10/15/21 | 3,992 | 4,038 |
Marriott International Inc. | 2.300% | 1/15/22 | 3,250 | 3,193 |
Marriott International Inc. | 3.250% | 9/15/22 | 3,000 | 3,044 |
Marriott International Inc. | 3.750% | 3/15/25 | 4,800 | 4,930 |
Marriott International Inc. | 3.750% | 10/1/25 | 4,460 | 4,585 |
Marriott International Inc. | 3.125% | 6/15/26 | 7,130 | 7,010 |
Mastercard Inc. | 2.000% | 4/1/19 | 7,275 | 7,268 |
Mastercard Inc. | 2.000% | 11/21/21 | 5,250 | 5,168 |
68
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Mastercard Inc. | 3.375% | 4/1/24 | 9,890 | 10,263 |
Mastercard Inc. | 2.950% | 11/21/26 | 8,340 | 8,337 |
Mastercard Inc. | 3.800% | 11/21/46 | 5,240 | 5,560 |
McDonald's Corp. | 5.000% | 2/1/19 | 4,565 | 4,697 |
McDonald's Corp. | 1.875% | 5/29/19 | 6,860 | 6,837 |
McDonald's Corp. | 3.500% | 7/15/20 | 115 | 118 |
McDonald's Corp. | 2.750% | 12/9/20 | 6,468 | 6,534 |
McDonald's Corp. | 3.625% | 5/20/21 | 1,370 | 1,419 |
McDonald's Corp. | 2.625% | 1/15/22 | 13,937 | 13,942 |
McDonald's Corp. | 3.250% | 6/10/24 | 25 | 25 |
McDonald's Corp. | 3.375% | 5/26/25 | 8,540 | 8,737 |
McDonald's Corp. | 3.700% | 1/30/26 | 17,879 | 18,634 |
McDonald's Corp. | 3.500% | 3/1/27 | 10,250 | 10,563 |
McDonald's Corp. | 4.700% | 12/9/35 | 11,098 | 12,600 |
McDonald's Corp. | 6.300% | 10/15/37 | 4,681 | 6,209 |
McDonald's Corp. | 6.300% | 3/1/38 | 11,103 | 14,754 |
McDonald's Corp. | 5.700% | 2/1/39 | 10,552 | 13,135 |
McDonald's Corp. | 3.700% | 2/15/42 | 6,639 | 6,479 |
McDonald's Corp. | 3.625% | 5/1/43 | 5,133 | 4,856 |
McDonald's Corp. | 4.600% | 5/26/45 | 6,269 | 6,921 |
McDonald's Corp. | 4.875% | 12/9/45 | 18,025 | 20,885 |
McDonald's Corp. | 4.450% | 3/1/47 | 5,950 | 6,469 |
NIKE Inc. | 2.250% | 5/1/23 | 430 | 427 |
NIKE Inc. | 2.375% | 11/1/26 | 13,470 | 12,806 |
NIKE Inc. | 3.625% | 5/1/43 | 5,218 | 5,228 |
NIKE Inc. | 3.875% | 11/1/45 | 13,344 | 13,929 |
NIKE Inc. | 3.375% | 11/1/46 | 4,000 | 3,844 |
Nordstrom Inc. | 4.750% | 5/1/20 | 4,500 | 4,688 |
Nordstrom Inc. | 4.000% | 10/15/21 | 9,666 | 9,941 |
Nordstrom Inc. | 4.000% | 3/15/27 | 6,250 | 6,186 |
Nordstrom Inc. | 6.950% | 3/15/28 | 1,250 | 1,410 |
Nordstrom Inc. | 5.000% | 1/15/44 | 10,632 | 10,180 |
NVR Inc. | 3.950% | 9/15/22 | 7,861 | 8,226 |
O'Reilly Automotive Inc. | 4.875% | 1/14/21 | 900 | 952 |
O'Reilly Automotive Inc. | 4.625% | 9/15/21 | 5,393 | 5,728 |
O'Reilly Automotive Inc. | 3.800% | 9/1/22 | 3,941 | 4,116 |
O'Reilly Automotive Inc. | 3.850% | 6/15/23 | 6,625 | 6,932 |
O'Reilly Automotive Inc. | 3.550% | 3/15/26 | 2,075 | 2,089 |
O'Reilly Automotive Inc. | 3.600% | 9/1/27 | 8,950 | 8,961 |
PACCAR Financial Corp. | 1.300% | 5/10/19 | 6,400 | 6,331 |
PACCAR Financial Corp. | 2.200% | 9/15/19 | 2,350 | 2,353 |
PACCAR Financial Corp. | 2.500% | 8/14/20 | 3,200 | 3,217 |
PACCAR Financial Corp. | 2.050% | 11/13/20 | 5,450 | 5,395 |
PACCAR Financial Corp. | 2.250% | 2/25/21 | 3,000 | 2,982 |
PACCAR Financial Corp. | 2.300% | 8/10/22 | 4,875 | 4,801 |
Priceline Group Inc. | 2.750% | 3/15/23 | 6,300 | 6,208 |
Priceline Group Inc. | 3.650% | 3/15/25 | 3,625 | 3,667 |
Priceline Group Inc. | 3.600% | 6/1/26 | 21,255 | 21,340 |
Priceline Group Inc. | 3.550% | 3/15/28 | 6,850 | 6,778 |
QVC Inc. | 3.125% | 4/1/19 | 3,165 | 3,180 |
QVC Inc. | 5.125% | 7/2/22 | 2,275 | 2,403 |
QVC Inc. | 4.375% | 3/15/23 | 1,776 | 1,816 |
QVC Inc. | 4.850% | 4/1/24 | 6,763 | 7,076 |
QVC Inc. | 4.450% | 2/15/25 | 850 | 869 |
QVC Inc. | 5.450% | 8/15/34 | 2,950 | 2,962 |
QVC Inc. | 5.950% | 3/15/43 | 4,423 | 4,409 |
Ralph Lauren Corp. | 2.625% | 8/18/20 | 3,000 | 3,013 |
Royal Caribbean Cruises Ltd. | 2.650% | 11/28/20 | 2,550 | 2,550 |
Royal Caribbean Cruises Ltd. | 5.250% | 11/15/22 | 4,500 | 4,939 |
Royal Caribbean Cruises Ltd. | 3.700% | 3/15/28 | 7,300 | 7,218 |
Starbucks Corp. | 2.200% | 11/22/20 | 4,000 | 3,999 |
Starbucks Corp. | 2.100% | 2/4/21 | 6,620 | 6,572 |
Starbucks Corp. | 2.700% | 6/15/22 | 3,675 | 3,699 |
Starbucks Corp. | 3.850% | 10/1/23 | 3,380 | 3,585 |
69
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Starbucks Corp. | 2.450% | 6/15/26 | 11,100 | 10,636 |
Starbucks Corp. | 4.300% | 6/15/45 | 3,631 | 4,002 |
Starbucks Corp. | 3.750% | 12/1/47 | 5,475 | 5,550 |
Tapestry Inc. | 3.000% | 7/15/22 | 3,700 | 3,665 |
Tapestry Inc. | 4.250% | 4/1/25 | 5,125 | 5,236 |
Tapestry Inc. | 4.125% | 7/15/27 | 6,775 | 6,780 |
Target Corp. | 2.300% | 6/26/19 | 9,965 | 9,993 |
Target Corp. | 3.875% | 7/15/20 | 775 | 807 |
Target Corp. | 2.900% | 1/15/22 | 7,417 | 7,526 |
Target Corp. | 3.500% | 7/1/24 | 13,995 | 14,561 |
Target Corp. | 2.500% | 4/15/26 | 7,358 | 7,061 |
Target Corp. | 6.350% | 11/1/32 | 5,366 | 6,903 |
Target Corp. | 6.500% | 10/15/37 | 5,137 | 7,016 |
Target Corp. | 7.000% | 1/15/38 | 5,120 | 7,437 |
Target Corp. | 4.000% | 7/1/42 | 15,183 | 15,583 |
Target Corp. | 3.625% | 4/15/46 | 9,825 | 9,539 |
Target Corp. | 3.900% | 11/15/47 | 15,075 | 15,277 |
TJX Cos. Inc. | 2.750% | 6/15/21 | 8,570 | 8,673 |
TJX Cos. Inc. | 2.500% | 5/15/23 | 2,650 | 2,601 |
TJX Cos. Inc. | 2.250% | 9/15/26 | 17,340 | 16,268 |
Toyota Motor Credit Corp. | 1.700% | 1/9/19 | 7,800 | 7,769 |
Toyota Motor Credit Corp. | 2.100% | 1/17/19 | 10,225 | 10,232 |
Toyota Motor Credit Corp. | 1.700% | 2/19/19 | 13,820 | 13,770 |
Toyota Motor Credit Corp. | 1.400% | 5/20/19 | 14,250 | 14,110 |
Toyota Motor Credit Corp. | 2.125% | 7/18/19 | 14,635 | 14,640 |
Toyota Motor Credit Corp. | 1.550% | 10/18/19 | 1,700 | 1,684 |
Toyota Motor Credit Corp. | 2.150% | 3/12/20 | 18,750 | 18,714 |
Toyota Motor Credit Corp. | 1.950% | 4/17/20 | 7,650 | 7,599 |
Toyota Motor Credit Corp. | 4.500% | 6/17/20 | 8,010 | 8,430 |
Toyota Motor Credit Corp. | 4.250% | 1/11/21 | 2,575 | 2,713 |
Toyota Motor Credit Corp. | 1.900% | 4/8/21 | 16,200 | 15,936 |
Toyota Motor Credit Corp. | 2.750% | 5/17/21 | 7,275 | 7,354 |
Toyota Motor Credit Corp. | 3.400% | 9/15/21 | 10,556 | 10,911 |
Toyota Motor Credit Corp. | 2.600% | 1/11/22 | 11,850 | 11,890 |
Toyota Motor Credit Corp. | 3.300% | 1/12/22 | 15,961 | 16,433 |
Toyota Motor Credit Corp. | 2.800% | 7/13/22 | 3,283 | 3,316 |
Toyota Motor Credit Corp. | 2.150% | 9/8/22 | 15,700 | 15,430 |
Toyota Motor Credit Corp. | 2.625% | 1/10/23 | 8,675 | 8,672 |
Toyota Motor Credit Corp. | 2.250% | 10/18/23 | 5,000 | 4,882 |
Toyota Motor Credit Corp. | 2.900% | 4/17/24 | 5,200 | 5,249 |
Toyota Motor Credit Corp. | 3.200% | 1/11/27 | 7,659 | 7,764 |
VF Corp. | 3.500% | 9/1/21 | 5,550 | 5,714 |
VF Corp. | 6.450% | 11/1/37 | 5,169 | 6,762 |
Visa Inc. | 2.200% | 12/14/20 | 33,030 | 33,012 |
Visa Inc. | 2.150% | 9/15/22 | 5,979 | 5,885 |
Visa Inc. | 2.800% | 12/14/22 | 31,850 | 32,270 |
Visa Inc. | 3.150% | 12/14/25 | 52,452 | 53,562 |
Visa Inc. | 2.750% | 9/15/27 | 6,528 | 6,438 |
Visa Inc. | 4.150% | 12/14/35 | 15,917 | 17,662 |
Visa Inc. | 4.300% | 12/14/45 | 38,195 | 43,443 |
Visa Inc. | 3.650% | 9/15/47 | 7,325 | 7,481 |
Wal-Mart Stores Inc. | 1.750% | 10/9/19 | 18,940 | 18,873 |
Wal-Mart Stores Inc. | 3.250% | 10/25/20 | 28,261 | 29,120 |
Wal-Mart Stores Inc. | 1.900% | 12/15/20 | 43,150 | 42,868 |
Wal-Mart Stores Inc. | 4.250% | 4/15/21 | 4,919 | 5,228 |
Wal-Mart Stores Inc. | 2.350% | 12/15/22 | 28,650 | 28,496 |
Wal-Mart Stores Inc. | 2.550% | 4/11/23 | 23,685 | 23,761 |
Wal-Mart Stores Inc. | 3.300% | 4/22/24 | 18,173 | 18,849 |
Wal-Mart Stores Inc. | 2.650% | 12/15/24 | 24,255 | 24,231 |
Wal-Mart Stores Inc. | 5.875% | 4/5/27 | 20,530 | 25,504 |
Wal-Mart Stores Inc. | 7.550% | 2/15/30 | 11,255 | 16,233 |
Wal-Mart Stores Inc. | 5.250% | 9/1/35 | 18,239 | 23,015 |
Wal-Mart Stores Inc. | 6.200% | 4/15/38 | 11,619 | 16,392 |
Wal-Mart Stores Inc. | 5.625% | 4/1/40 | 7,200 | 9,708 |
70
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Wal-Mart Stores Inc. | 4.875% | 7/8/40 | 7,075 | 8,741 |
Wal-Mart Stores Inc. | 5.000% | 10/25/40 | 6,255 | 7,841 |
Wal-Mart Stores Inc. | 5.625% | 4/15/41 | 17,986 | 24,479 |
Wal-Mart Stores Inc. | 4.000% | 4/11/43 | 11,222 | 12,330 |
Wal-Mart Stores Inc. | 4.750% | 10/2/43 | 13,942 | 17,170 |
Wal-Mart Stores Inc. | 4.300% | 4/22/44 | 7,532 | 8,785 |
Wal-Mart Stores Inc. | 3.625% | 12/15/47 | 9,515 | 9,981 |
Walgreen Co. | 5.250% | 1/15/19 | 3,862 | 3,969 |
Walgreen Co. | 3.100% | 9/15/22 | 12,722 | 12,774 |
Walgreen Co. | 4.400% | 9/15/42 | 7,750 | 7,839 |
Walgreens Boots Alliance Inc. | 2.700% | 11/18/19 | 13,380 | 13,464 |
Walgreens Boots Alliance Inc. | 3.300% | 11/18/21 | 12,635 | 12,844 |
Walgreens Boots Alliance Inc. | 3.800% | 11/18/24 | 24,176 | 24,697 |
Walgreens Boots Alliance Inc. | 3.450% | 6/1/26 | 30,800 | 30,457 |
Walgreens Boots Alliance Inc. | 4.500% | 11/18/34 | 3,290 | 3,435 |
Walgreens Boots Alliance Inc. | 4.800% | 11/18/44 | 14,974 | 16,050 |
Walgreens Boots Alliance Inc. | 4.650% | 6/1/46 | 15,425 | 16,243 |
Western Union Co. | 5.253% | 4/1/20 | 4,026 | 4,243 |
Western Union Co. | 3.600% | 3/15/22 | 11,700 | 11,996 |
Western Union Co. | 6.200% | 11/17/36 | 3,623 | 3,903 |
Western Union Co. | 6.200% | 6/21/40 | 3,400 | 3,626 |
Wyndham Worldwide Corp. | 4.250% | 3/1/22 | 13,648 | 13,885 |
Wyndham Worldwide Corp. | 3.900% | 3/1/23 | 2,225 | 2,205 |
Wyndham Worldwide Corp. | 5.100% | 10/1/25 | 2,516 | 2,652 |
Wyndham Worldwide Corp. | 4.500% | 4/1/27 | 1,600 | 1,628 |
Consumer Noncyclical (4.4%) | ||||
Abbott Laboratories | 5.125% | 4/1/19 | 14,846 | 15,368 |
Abbott Laboratories | 2.350% | 11/22/19 | 31,475 | 31,525 |
Abbott Laboratories | 2.000% | 3/15/20 | 7,250 | 7,188 |
Abbott Laboratories | 4.125% | 5/27/20 | 9,743 | 10,103 |
Abbott Laboratories | 2.800% | 9/15/20 | 5,650 | 5,673 |
Abbott Laboratories | 2.900% | 11/30/21 | 32,425 | 32,766 |
Abbott Laboratories | 2.550% | 3/15/22 | 7,050 | 6,979 |
Abbott Laboratories | 3.250% | 4/15/23 | 9,425 | 9,537 |
Abbott Laboratories | 3.400% | 11/30/23 | 25,000 | 25,436 |
Abbott Laboratories | 2.950% | 3/15/25 | 4,175 | 4,110 |
Abbott Laboratories | 3.875% | 9/15/25 | 3,575 | 3,708 |
Abbott Laboratories | 3.750% | 11/30/26 | 40,480 | 41,577 |
Abbott Laboratories | 4.750% | 11/30/36 | 22,110 | 24,848 |
Abbott Laboratories | 6.150% | 11/30/37 | 5,641 | 7,112 |
Abbott Laboratories | 6.000% | 4/1/39 | 1,425 | 1,787 |
Abbott Laboratories | 5.300% | 5/27/40 | 2,603 | 3,019 |
Abbott Laboratories | 4.750% | 4/15/43 | 8,275 | 9,195 |
Abbott Laboratories | 4.900% | 11/30/46 | 40,660 | 46,411 |
AbbVie Inc. | 2.500% | 5/14/20 | 39,568 | 39,659 |
AbbVie Inc. | 2.300% | 5/14/21 | 10,085 | 10,012 |
AbbVie Inc. | 2.900% | 11/6/22 | 24,150 | 24,220 |
AbbVie Inc. | 3.200% | 11/6/22 | 24,842 | 25,227 |
AbbVie Inc. | 2.850% | 5/14/23 | 16,975 | 16,937 |
AbbVie Inc. | 3.600% | 5/14/25 | 39,715 | 40,816 |
AbbVie Inc. | 3.200% | 5/14/26 | 21,492 | 21,422 |
AbbVie Inc. | 4.500% | 5/14/35 | 23,258 | 25,551 |
AbbVie Inc. | 4.300% | 5/14/36 | 11,081 | 11,863 |
AbbVie Inc. | 4.400% | 11/6/42 | 29,888 | 32,034 |
AbbVie Inc. | 4.700% | 5/14/45 | 28,416 | 31,686 |
AbbVie Inc. | 4.450% | 5/14/46 | 20,900 | 22,583 |
Actavis Inc. | 3.250% | 10/1/22 | 18,192 | 18,219 |
Actavis Inc. | 4.625% | 10/1/42 | 2,509 | 2,584 |
Agilent Technologies Inc. | 5.000% | 7/15/20 | 8,405 | 8,914 |
Agilent Technologies Inc. | 3.200% | 10/1/22 | 6,150 | 6,194 |
Agilent Technologies Inc. | 3.875% | 7/15/23 | 5,706 | 5,916 |
Agilent Technologies Inc. | 3.050% | 9/22/26 | 7,775 | 7,500 |
Ahold Finance USA LLC | 6.875% | 5/1/29 | 855 | 1,055 |
71
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
AHS Hospital Corp. | 5.024% | 7/1/45 | 4,450 | 5,362 |
Allergan Funding SCS | 2.450% | 6/15/19 | 5,225 | 5,226 |
Allergan Funding SCS | 3.000% | 3/12/20 | 40,496 | 40,802 |
Allergan Funding SCS | 3.450% | 3/15/22 | 26,959 | 27,365 |
Allergan Funding SCS | 3.850% | 6/15/24 | 13,246 | 13,554 |
Allergan Funding SCS | 3.800% | 3/15/25 | 52,764 | 53,505 |
Allergan Funding SCS | 4.550% | 3/15/35 | 29,075 | 30,631 |
Allergan Funding SCS | 4.850% | 6/15/44 | 22,491 | 24,106 |
Allergan Funding SCS | 4.750% | 3/15/45 | 13,923 | 14,797 |
Allergan Inc. | 3.375% | 9/15/20 | 835 | 851 |
Allergan Inc. | 2.800% | 3/15/23 | 4,290 | 4,217 |
Altria Group Inc. | 9.250% | 8/6/19 | 10,904 | 12,090 |
Altria Group Inc. | 2.625% | 1/14/20 | 18,443 | 18,554 |
Altria Group Inc. | 4.750% | 5/5/21 | 14,830 | 15,890 |
Altria Group Inc. | 2.850% | 8/9/22 | 19,170 | 19,273 |
Altria Group Inc. | 2.950% | 5/2/23 | 7,990 | 8,011 |
Altria Group Inc. | 4.000% | 1/31/24 | 11,662 | 12,368 |
Altria Group Inc. | 2.625% | 9/16/26 | 2,850 | 2,755 |
Altria Group Inc. | 4.250% | 8/9/42 | 12,063 | 12,583 |
Altria Group Inc. | 4.500% | 5/2/43 | 12,417 | 13,412 |
Altria Group Inc. | 5.375% | 1/31/44 | 17,773 | 21,626 |
Altria Group Inc. | 3.875% | 9/16/46 | 8,275 | 8,191 |
AmerisourceBergen Corp. | 3.500% | 11/15/21 | 8,419 | 8,610 |
AmerisourceBergen Corp. | 3.400% | 5/15/24 | 6,025 | 6,134 |
AmerisourceBergen Corp. | 3.250% | 3/1/25 | 4,865 | 4,904 |
AmerisourceBergen Corp. | 3.450% | 12/15/27 | 6,250 | 6,206 |
AmerisourceBergen Corp. | 4.250% | 3/1/45 | 4,609 | 4,584 |
AmerisourceBergen Corp. | 4.300% | 12/15/47 | 8,400 | 8,494 |
Amgen Inc. | 5.700% | 2/1/19 | 18,038 | 18,694 |
Amgen Inc. | 1.900% | 5/10/19 | 16,650 | 16,614 |
Amgen Inc. | 2.200% | 5/22/19 | 14,568 | 14,573 |
Amgen Inc. | 2.125% | 5/1/20 | 8,560 | 8,513 |
Amgen Inc. | 2.200% | 5/11/20 | 12,750 | 12,707 |
Amgen Inc. | 3.450% | 10/1/20 | 2,266 | 2,326 |
Amgen Inc. | 4.100% | 6/15/21 | 13,330 | 13,934 |
Amgen Inc. | 1.850% | 8/19/21 | 8,341 | 8,136 |
Amgen Inc. | 3.875% | 11/15/21 | 8,855 | 9,249 |
Amgen Inc. | 2.700% | 5/1/22 | 5,320 | 5,315 |
Amgen Inc. | 2.650% | 5/11/22 | 6,100 | 6,084 |
Amgen Inc. | 3.625% | 5/15/22 | 16,679 | 17,251 |
Amgen Inc. | 2.250% | 8/19/23 | 14,550 | 14,103 |
Amgen Inc. | 3.625% | 5/22/24 | 12,280 | 12,778 |
Amgen Inc. | 3.125% | 5/1/25 | 9,082 | 9,118 |
Amgen Inc. | 2.600% | 8/19/26 | 12,850 | 12,306 |
Amgen Inc. | 3.200% | 11/2/27 | 7,115 | 7,130 |
Amgen Inc. | 4.950% | 10/1/41 | 7,040 | 8,137 |
Amgen Inc. | 5.150% | 11/15/41 | 250 | 299 |
Amgen Inc. | 4.400% | 5/1/45 | 23,823 | 25,882 |
Amgen Inc. | 4.563% | 6/15/48 | 33,607 | 37,277 |
Amgen Inc. | 4.663% | 6/15/51 | 48,124 | 53,847 |
Anheuser-Busch Cos. LLC | 5.000% | 3/1/19 | 3,020 | 3,119 |
Anheuser-Busch InBev Finance Inc. | 1.900% | 2/1/19 | 53,456 | 53,346 |
Anheuser-Busch InBev Finance Inc. | 2.150% | 2/1/19 | 14,230 | 14,232 |
Anheuser-Busch InBev Finance Inc. | 2.650% | 2/1/21 | 75,789 | 76,157 |
Anheuser-Busch InBev Finance Inc. | 2.625% | 1/17/23 | 25,006 | 24,866 |
Anheuser-Busch InBev Finance Inc. | 3.300% | 2/1/23 | 76,495 | 78,202 |
Anheuser-Busch InBev Finance Inc. | 3.700% | 2/1/24 | 12,250 | 12,803 |
Anheuser-Busch InBev Finance Inc. | 3.650% | 2/1/26 | 119,872 | 123,644 |
Anheuser-Busch InBev Finance Inc. | 4.700% | 2/1/36 | 67,707 | 75,964 |
Anheuser-Busch InBev Finance Inc. | 4.000% | 1/17/43 | 11,888 | 12,031 |
Anheuser-Busch InBev Finance Inc. | 4.625% | 2/1/44 | 6,780 | 7,493 |
Anheuser-Busch InBev Finance Inc. | 4.900% | 2/1/46 | 122,438 | 141,748 |
Anheuser-Busch InBev Worldwide Inc. | 7.750% | 1/15/19 | 19,042 | 20,113 |
Anheuser-Busch InBev Worldwide Inc. | 6.875% | 11/15/19 | 12,880 | 13,957 |
72
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Anheuser-Busch InBev Worldwide Inc. | 5.375% | 1/15/20 | 36,587 | 38,742 |
Anheuser-Busch InBev Worldwide Inc. | 5.000% | 4/15/20 | 9,857 | 10,450 |
Anheuser-Busch InBev Worldwide Inc. | 4.375% | 2/15/21 | 2,624 | 2,769 |
Anheuser-Busch InBev Worldwide Inc. | 3.750% | 1/15/22 | 4,061 | 4,240 |
Anheuser-Busch InBev Worldwide Inc. | 2.500% | 7/15/22 | 31,105 | 30,835 |
Anheuser-Busch InBev Worldwide Inc. | 8.200% | 1/15/39 | 3,018 | 4,789 |
Anheuser-Busch InBev Worldwide Inc. | 4.950% | 1/15/42 | 17,728 | 20,542 |
Anheuser-Busch InBev Worldwide Inc. | 3.750% | 7/15/42 | 20,805 | 20,271 |
Anheuser-Busch InBev Worldwide Inc. | 4.439% | 10/6/48 | 27,249 | 29,743 |
Archer-Daniels-Midland Co. | 4.479% | 3/1/21 | 5,118 | 5,433 |
Archer-Daniels-Midland Co. | 2.500% | 8/11/26 | 11,242 | 10,732 |
Archer-Daniels-Midland Co. | 5.935% | 10/1/32 | 3,305 | 4,094 |
Archer-Daniels-Midland Co. | 5.375% | 9/15/35 | 2,538 | 3,081 |
Archer-Daniels-Midland Co. | 4.535% | 3/26/42 | 3,700 | 4,119 |
Archer-Daniels-Midland Co. | 4.016% | 4/16/43 | 7,344 | 7,706 |
Archer-Daniels-Midland Co. | 3.750% | 9/15/47 | 6,225 | 6,299 |
Ascension Health | 3.945% | 11/15/46 | 3,300 | 3,464 |
5 Ascension Health | 4.847% | 11/15/53 | 8,200 | 9,625 |
AstraZeneca plc | 1.950% | 9/18/19 | 9,455 | 9,391 |
AstraZeneca plc | 2.375% | 11/16/20 | 21,685 | 21,637 |
AstraZeneca plc | 2.375% | 6/12/22 | 10,125 | 9,940 |
AstraZeneca plc | 3.375% | 11/16/25 | 17,700 | 17,957 |
AstraZeneca plc | 3.125% | 6/12/27 | 8,150 | 8,065 |
AstraZeneca plc | 6.450% | 9/15/37 | 25,294 | 34,172 |
AstraZeneca plc | 4.000% | 9/18/42 | 9,836 | 10,000 |
AstraZeneca plc | 4.375% | 11/16/45 | 11,089 | 12,051 |
10 BAT Capital Corp. | 2.297% | 8/14/20 | 27,900 | 27,737 |
10 BAT Capital Corp. | 2.764% | 8/15/22 | 21,075 | 20,956 |
10 BAT Capital Corp. | 3.222% | 8/15/24 | 26,050 | 26,052 |
10 BAT Capital Corp. | 3.557% | 8/15/27 | 40,800 | 40,840 |
10 BAT Capital Corp. | 4.390% | 8/15/37 | 30,125 | 31,556 |
10 BAT Capital Corp. | 4.540% | 8/15/47 | 24,900 | 26,211 |
Baxalta Inc. | 2.875% | 6/23/20 | 9,365 | 9,415 |
Baxalta Inc. | 3.600% | 6/23/22 | 5,465 | 5,584 |
Baxalta Inc. | 4.000% | 6/23/25 | 19,052 | 19,681 |
Baxalta Inc. | 5.250% | 6/23/45 | 11,760 | 13,647 |
Baxter International Inc. | 1.700% | 8/15/21 | 7,350 | 7,127 |
Baxter International Inc. | 2.600% | 8/15/26 | 2,525 | 2,404 |
Baxter International Inc. | 3.500% | 8/15/46 | 4,550 | 4,191 |
Baylor Scott & White Holdings Texas Revenue | 4.185% | 11/15/45 | 6,410 | 6,828 |
Beam Suntory Inc. | 3.250% | 5/15/22 | 2,050 | 2,084 |
Beam Suntory Inc. | 3.250% | 6/15/23 | 1,050 | 1,062 |
Becton Dickinson & Co. | 2.133% | 6/6/19 | 7,850 | 7,834 |
Becton Dickinson & Co. | 2.675% | 12/15/19 | 11,767 | 11,819 |
Becton Dickinson & Co. | 2.404% | 6/5/20 | 10,025 | 9,968 |
Becton Dickinson & Co. | 3.250% | 11/12/20 | 6,349 | 6,462 |
Becton Dickinson & Co. | 3.125% | 11/8/21 | 10,218 | 10,273 |
Becton Dickinson & Co. | 2.894% | 6/6/22 | 19,180 | 19,077 |
Becton Dickinson & Co. | 3.300% | 3/1/23 | 3,950 | 3,970 |
Becton Dickinson & Co. | 3.875% | 5/15/24 | 100 | 101 |
Becton Dickinson & Co. | 3.363% | 6/6/24 | 13,400 | 13,445 |
Becton Dickinson & Co. | 3.734% | 12/15/24 | 14,332 | 14,658 |
Becton Dickinson & Co. | 3.700% | 6/6/27 | 25,775 | 25,970 |
Becton Dickinson & Co. | 5.000% | 11/12/40 | 2,875 | 3,191 |
Becton Dickinson & Co. | 4.875% | 5/15/44 | 650 | 694 |
Becton Dickinson & Co. | 4.685% | 12/15/44 | 18,575 | 20,229 |
Becton Dickinson & Co. | 4.669% | 6/6/47 | 10,150 | 10,925 |
Bestfoods | 7.250% | 12/15/26 | 250 | 329 |
Bio-Rad Laboratories Inc. | 4.875% | 12/15/20 | 3,400 | 3,596 |
Biogen Inc. | 2.900% | 9/15/20 | 20,081 | 20,363 |
Biogen Inc. | 3.625% | 9/15/22 | 9,329 | 9,647 |
Biogen Inc. | 4.050% | 9/15/25 | 22,850 | 24,190 |
Biogen Inc. | 5.200% | 9/15/45 | 26,016 | 30,853 |
Boston Children's Hospital Corp. Revenue | 4.115% | 1/1/47 | 2,300 | 2,438 |
73
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Boston Scientific Corp. | 6.000% | 1/15/20 | 10,553 | 11,253 |
Boston Scientific Corp. | 3.375% | 5/15/22 | 3,375 | 3,423 |
Boston Scientific Corp. | 4.125% | 10/1/23 | 3,650 | 3,821 |
Boston Scientific Corp. | 3.850% | 5/15/25 | 6,125 | 6,297 |
Boston Scientific Corp. | 7.000% | 11/15/35 | 7,070 | 9,118 |
Boston Scientific Corp. | 7.375% | 1/15/40 | 1,355 | 1,869 |
Bristol-Myers Squibb Co. | 1.600% | 2/27/19 | 6,225 | 6,196 |
Bristol-Myers Squibb Co. | 1.750% | 3/1/19 | 1,870 | 1,864 |
Bristol-Myers Squibb Co. | 2.000% | 8/1/22 | 12,965 | 12,678 |
Bristol-Myers Squibb Co. | 7.150% | 6/15/23 | 400 | 485 |
Bristol-Myers Squibb Co. | 3.250% | 11/1/23 | 1,700 | 1,761 |
Bristol-Myers Squibb Co. | 3.250% | 8/1/42 | 6,621 | 6,356 |
Bristol-Myers Squibb Co. | 4.500% | 3/1/44 | 2,175 | 2,495 |
Brown-Forman Corp. | 4.500% | 7/15/45 | 5,298 | 5,953 |
Bunge Ltd. Finance Corp. | 8.500% | 6/15/19 | 6,880 | 7,448 |
Bunge Ltd. Finance Corp. | 3.500% | 11/24/20 | 3,250 | 3,312 |
Bunge Ltd. Finance Corp. | 3.000% | 9/25/22 | 5,300 | 5,237 |
Bunge Ltd. Finance Corp. | 3.250% | 8/15/26 | 4,840 | 4,620 |
Bunge Ltd. Finance Corp. | 3.750% | 9/25/27 | 8,750 | 8,551 |
Campbell Soup Co. | 4.250% | 4/15/21 | 1,641 | 1,723 |
Campbell Soup Co. | 2.500% | 8/2/22 | 1,425 | 1,409 |
Campbell Soup Co. | 3.300% | 3/19/25 | 3,225 | 3,214 |
Campbell Soup Co. | 3.800% | 8/2/42 | 3,328 | 3,192 |
Cardinal Health Inc. | 1.948% | 6/14/19 | 8,000 | 7,952 |
Cardinal Health Inc. | 4.625% | 12/15/20 | 12,165 | 12,786 |
Cardinal Health Inc. | 2.616% | 6/15/22 | 6,305 | 6,206 |
Cardinal Health Inc. | 3.200% | 6/15/22 | 3,350 | 3,360 |
Cardinal Health Inc. | 3.200% | 3/15/23 | 8,033 | 8,039 |
Cardinal Health Inc. | 3.079% | 6/15/24 | 5,205 | 5,122 |
Cardinal Health Inc. | 3.500% | 11/15/24 | 500 | 504 |
Cardinal Health Inc. | 3.750% | 9/15/25 | 3,800 | 3,873 |
Cardinal Health Inc. | 3.410% | 6/15/27 | 13,474 | 13,181 |
Cardinal Health Inc. | 4.600% | 3/15/43 | 1,700 | 1,743 |
Cardinal Health Inc. | 4.500% | 11/15/44 | 3,725 | 3,799 |
Cardinal Health Inc. | 4.900% | 9/15/45 | 4,120 | 4,411 |
Cardinal Health Inc. | 4.368% | 6/15/47 | 6,100 | 6,034 |
Catholic Health Initiatives Colorado GO | 2.950% | 11/1/22 | 4,987 | 4,939 |
5 Catholic Health Initiatives Colorado GO | 4.350% | 11/1/42 | 9,175 | 8,853 |
Celgene Corp. | 2.250% | 5/15/19 | 7,780 | 7,763 |
Celgene Corp. | 2.875% | 8/15/20 | 16,293 | 16,443 |
Celgene Corp. | 3.950% | 10/15/20 | 16,616 | 17,224 |
Celgene Corp. | 3.250% | 8/15/22 | 7,900 | 8,017 |
Celgene Corp. | 3.550% | 8/15/22 | 6,455 | 6,628 |
Celgene Corp. | 2.750% | 2/15/23 | 7,000 | 6,926 |
Celgene Corp. | 4.000% | 8/15/23 | 5,345 | 5,587 |
Celgene Corp. | 3.625% | 5/15/24 | 13,575 | 13,956 |
Celgene Corp. | 3.875% | 8/15/25 | 26,443 | 27,343 |
Celgene Corp. | 3.450% | 11/15/27 | 5,437 | 5,448 |
Celgene Corp. | 5.700% | 10/15/40 | 4,725 | 5,562 |
Celgene Corp. | 5.250% | 8/15/43 | 3,830 | 4,422 |
Celgene Corp. | 4.625% | 5/15/44 | 9,930 | 10,576 |
Celgene Corp. | 5.000% | 8/15/45 | 20,490 | 23,176 |
Celgene Corp. | 4.350% | 11/15/47 | 12,775 | 13,268 |
Children's Hospital Medical Center Ohio GO | 4.268% | 5/15/44 | 2,100 | 2,287 |
Church & Dwight Co. Inc. | 2.450% | 12/15/19 | 4,825 | 4,815 |
Church & Dwight Co. Inc. | 2.450% | 8/1/22 | 1,700 | 1,679 |
Church & Dwight Co. Inc. | 3.150% | 8/1/27 | 5,350 | 5,265 |
Church & Dwight Co. Inc. | 3.950% | 8/1/47 | 4,125 | 4,129 |
City of Hope | 5.623% | 11/15/43 | 2,040 | 2,573 |
Cleveland Clinic Foundation Ohio Revenue | 4.858% | 1/1/14 | 4,385 | 4,907 |
Clorox Co. | 3.800% | 11/15/21 | 450 | 469 |
Clorox Co. | 3.050% | 9/15/22 | 6,472 | 6,573 |
Clorox Co. | 3.500% | 12/15/24 | 7,925 | 8,145 |
Clorox Co. | 3.100% | 10/1/27 | 3,250 | 3,251 |
74
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Coca-Cola Bottling Co. Consolidated | 3.800% | 11/25/25 | 8,300 | 8,416 |
Coca-Cola Co. | 1.375% | 5/30/19 | 4,475 | 4,437 |
Coca-Cola Co. | 1.875% | 10/27/20 | 5,875 | 5,836 |
Coca-Cola Co. | 2.450% | 11/1/20 | 15,620 | 15,722 |
Coca-Cola Co. | 3.150% | 11/15/20 | 8,864 | 9,099 |
Coca-Cola Co. | 1.550% | 9/1/21 | 10,200 | 9,952 |
Coca-Cola Co. | 3.300% | 9/1/21 | 3,727 | 3,845 |
Coca-Cola Co. | 2.200% | 5/25/22 | 5,447 | 5,387 |
Coca-Cola Co. | 2.500% | 4/1/23 | 1,800 | 1,804 |
Coca-Cola Co. | 3.200% | 11/1/23 | 14,809 | 15,339 |
Coca-Cola Co. | 2.875% | 10/27/25 | 18,115 | 18,191 |
Coca-Cola Co. | 2.550% | 6/1/26 | 5,100 | 4,970 |
Coca-Cola Co. | 2.250% | 9/1/26 | 11,000 | 10,444 |
Coca-Cola Co. | 2.900% | 5/25/27 | 8,500 | 8,525 |
Coca-Cola Enterprises Inc. | 3.500% | 9/15/20 | 5,900 | 6,056 |
Coca-Cola Enterprises Inc. | 3.250% | 8/19/21 | 1,575 | 1,599 |
Coca-Cola Enterprises Inc. | 4.500% | 9/1/21 | 2,045 | 2,158 |
Coca-Cola Femsa SAB de CV | 4.625% | 2/15/20 | 1,302 | 1,357 |
Coca-Cola Femsa SAB de CV | 3.875% | 11/26/23 | 9,600 | 9,966 |
Coca-Cola Femsa SAB de CV | 5.250% | 11/26/43 | 12,625 | 14,897 |
Colgate-Palmolive Co. | 1.750% | 3/15/19 | 2,200 | 2,192 |
Colgate-Palmolive Co. | 2.450% | 11/15/21 | 6,000 | 6,017 |
Colgate-Palmolive Co. | 2.300% | 5/3/22 | 7,160 | 7,109 |
Colgate-Palmolive Co. | 2.250% | 11/15/22 | 4,200 | 4,159 |
Colgate-Palmolive Co. | 1.950% | 2/1/23 | 10,000 | 9,718 |
Colgate-Palmolive Co. | 2.100% | 5/1/23 | 5,133 | 5,015 |
Colgate-Palmolive Co. | 3.250% | 3/15/24 | 3,450 | 3,555 |
Colgate-Palmolive Co. | 4.000% | 8/15/45 | 7,117 | 7,633 |
Colgate-Palmolive Co. | 3.700% | 8/1/47 | 6,900 | 7,045 |
Conagra Brands Inc. | 3.250% | 9/15/22 | 9,012 | 9,108 |
Conagra Brands Inc. | 3.200% | 1/25/23 | 8,331 | 8,418 |
Conagra Brands Inc. | 7.000% | 10/1/28 | 1,070 | 1,334 |
Conagra Brands Inc. | 8.250% | 9/15/30 | 5,849 | 8,095 |
Constellation Brands Inc. | 2.000% | 11/7/19 | 5,000 | 4,969 |
Constellation Brands Inc. | 3.875% | 11/15/19 | 9,690 | 9,954 |
Constellation Brands Inc. | 2.250% | 11/6/20 | 10,200 | 10,106 |
Constellation Brands Inc. | 3.750% | 5/1/21 | 5,280 | 5,459 |
Constellation Brands Inc. | 6.000% | 5/1/22 | 6,380 | 7,164 |
Constellation Brands Inc. | 2.700% | 5/9/22 | 8,350 | 8,304 |
Constellation Brands Inc. | 2.650% | 11/7/22 | 5,000 | 4,941 |
Constellation Brands Inc. | 4.250% | 5/1/23 | 18,315 | 19,402 |
Constellation Brands Inc. | 4.750% | 11/15/24 | 3,760 | 4,118 |
Constellation Brands Inc. | 4.750% | 12/1/25 | 3,300 | 3,627 |
Constellation Brands Inc. | 3.700% | 12/6/26 | 7,490 | 7,700 |
Constellation Brands Inc. | 3.500% | 5/9/27 | 4,700 | 4,781 |
Constellation Brands Inc. | 4.500% | 5/9/47 | 4,550 | 4,954 |
Covidien International Finance SA | 4.200% | 6/15/20 | 6,025 | 6,290 |
Covidien International Finance SA | 3.200% | 6/15/22 | 15,950 | 16,219 |
CR Bard Inc. | 4.400% | 1/15/21 | 2,512 | 2,617 |
CR Bard Inc. | 3.000% | 5/15/26 | 2,875 | 2,828 |
CR Bard Inc. | 6.700% | 12/1/26 | 3,450 | 4,124 |
Danaher Corp. | 2.400% | 9/15/20 | 4,949 | 4,958 |
Danaher Corp. | 3.350% | 9/15/25 | 5,350 | 5,528 |
Danaher Corp. | 4.375% | 9/15/45 | 5,223 | 5,792 |
Delhaize America LLC | 9.000% | 4/15/31 | 4,305 | 6,159 |
Diageo Capital plc | 4.828% | 7/15/20 | 5,795 | 6,143 |
Diageo Capital plc | 2.625% | 4/29/23 | 14,376 | 14,351 |
Diageo Capital plc | 5.875% | 9/30/36 | 2,672 | 3,524 |
Diageo Capital plc | 3.875% | 4/29/43 | 6,016 | 6,296 |
Diageo Investment Corp. | 2.875% | 5/11/22 | 16,025 | 16,209 |
Diageo Investment Corp. | 7.450% | 4/15/35 | 1,250 | 1,821 |
Diageo Investment Corp. | 4.250% | 5/11/42 | 4,347 | 4,733 |
Dignity Health California GO | 2.637% | 11/1/19 | 3,000 | 2,997 |
Dignity Health California GO | 3.125% | 11/1/22 | 2,100 | 2,108 |
75
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Dignity Health California GO | 3.812% | 11/1/24 | 2,175 | 2,237 |
Dignity Health California GO | 4.500% | 11/1/42 | 7,275 | 7,174 |
Dignity Health California GO | 5.267% | 11/1/64 | 2,075 | 2,209 |
Dr Pepper Snapple Group Inc. | 2.600% | 1/15/19 | 6,715 | 6,733 |
Dr Pepper Snapple Group Inc. | 2.000% | 1/15/20 | 1,320 | 1,309 |
Dr Pepper Snapple Group Inc. | 2.700% | 11/15/22 | 4,072 | 4,038 |
Dr Pepper Snapple Group Inc. | 3.130% | 12/15/23 | 3,800 | 3,840 |
Dr Pepper Snapple Group Inc. | 3.400% | 11/15/25 | 500 | 505 |
Dr Pepper Snapple Group Inc. | 2.550% | 9/15/26 | 4,374 | 4,129 |
Dr Pepper Snapple Group Inc. | 3.430% | 6/15/27 | 4,200 | 4,205 |
10 Dr Pepper Snapple Group Inc. | 3.430% | 6/15/27 | 2,700 | 2,701 |
Dr Pepper Snapple Group Inc. | 7.450% | 5/1/38 | 678 | 978 |
10 Dr Pepper Snapple Group Inc. | 4.500% | 11/15/45 | 7,537 | 8,082 |
Duke University Health System Inc. | 3.920% | 6/1/47 | 6,005 | 6,256 |
Eli Lilly & Co. | 1.950% | 3/15/19 | 9,530 | 9,532 |
Eli Lilly & Co. | 2.350% | 5/15/22 | 1,750 | 1,742 |
Eli Lilly & Co. | 2.750% | 6/1/25 | 8,395 | 8,432 |
Eli Lilly & Co. | 3.100% | 5/15/27 | 9,225 | 9,357 |
Eli Lilly & Co. | 5.550% | 3/15/37 | 4,194 | 5,365 |
Eli Lilly & Co. | 3.700% | 3/1/45 | 9,640 | 9,987 |
Eli Lilly & Co. | 3.950% | 5/15/47 | 8,750 | 9,379 |
Estee Lauder Cos. Inc. | 1.800% | 2/7/20 | 8,000 | 7,941 |
Estee Lauder Cos. Inc. | 1.700% | 5/10/21 | 4,795 | 4,688 |
Estee Lauder Cos. Inc. | 3.150% | 3/15/27 | 7,125 | 7,173 |
Estee Lauder Cos. Inc. | 6.000% | 5/15/37 | 2,937 | 3,801 |
Estee Lauder Cos. Inc. | 4.375% | 6/15/45 | 5,343 | 5,977 |
Estee Lauder Cos. Inc. | 4.150% | 3/15/47 | 7,625 | 8,301 |
Express Scripts Holding Co. | 2.600% | 11/30/20 | 8,000 | 7,989 |
Express Scripts Holding Co. | 3.300% | 2/25/21 | 22,750 | 23,100 |
Express Scripts Holding Co. | 4.750% | 11/15/21 | 13,223 | 14,104 |
Express Scripts Holding Co. | 3.900% | 2/15/22 | 17,682 | 18,311 |
Express Scripts Holding Co. | 3.050% | 11/30/22 | 8,000 | 7,998 |
Express Scripts Holding Co. | 3.000% | 7/15/23 | 13,887 | 13,828 |
Express Scripts Holding Co. | 3.500% | 6/15/24 | 5,112 | 5,146 |
Express Scripts Holding Co. | 4.500% | 2/25/26 | 21,774 | 23,107 |
Express Scripts Holding Co. | 3.400% | 3/1/27 | 18,405 | 18,000 |
Express Scripts Holding Co. | 6.125% | 11/15/41 | 5,094 | 6,243 |
Express Scripts Holding Co. | 4.800% | 7/15/46 | 25,544 | 27,136 |
Flowers Foods Inc. | 4.375% | 4/1/22 | 6,575 | 6,964 |
Flowers Foods Inc. | 3.500% | 10/1/26 | 3,000 | 2,926 |
Fomento Economico Mexicano SAB de CV | 2.875% | 5/10/23 | 1,000 | 991 |
Fomento Economico Mexicano SAB de CV | 4.375% | 5/10/43 | 4,215 | 4,414 |
General Mills Inc. | 5.650% | 2/15/19 | 19,143 | 19,864 |
General Mills Inc. | 2.200% | 10/21/19 | 9,100 | 9,101 |
General Mills Inc. | 3.150% | 12/15/21 | 10,478 | 10,675 |
General Mills Inc. | 2.600% | 10/12/22 | 6,025 | 5,981 |
General Mills Inc. | 3.650% | 2/15/24 | 250 | 262 |
General Mills Inc. | 3.200% | 2/10/27 | 6,575 | 6,531 |
General Mills Inc. | 5.400% | 6/15/40 | 4,350 | 5,186 |
General Mills Inc. | 4.150% | 2/15/43 | 2,575 | 2,610 |
Gilead Sciences Inc. | 2.050% | 4/1/19 | 7,505 | 7,506 |
Gilead Sciences Inc. | 1.850% | 9/20/19 | 6,925 | 6,897 |
Gilead Sciences Inc. | 2.350% | 2/1/20 | 3,000 | 3,012 |
Gilead Sciences Inc. | 2.550% | 9/1/20 | 17,584 | 17,738 |
Gilead Sciences Inc. | 4.500% | 4/1/21 | 11,061 | 11,741 |
Gilead Sciences Inc. | 4.400% | 12/1/21 | 21,834 | 23,257 |
Gilead Sciences Inc. | 1.950% | 3/1/22 | 4,750 | 4,639 |
Gilead Sciences Inc. | 3.250% | 9/1/22 | 9,225 | 9,460 |
Gilead Sciences Inc. | 2.500% | 9/1/23 | 10,660 | 10,507 |
Gilead Sciences Inc. | 3.700% | 4/1/24 | 32,100 | 33,510 |
Gilead Sciences Inc. | 3.500% | 2/1/25 | 11,914 | 12,280 |
Gilead Sciences Inc. | 3.650% | 3/1/26 | 30,905 | 31,998 |
Gilead Sciences Inc. | 2.950% | 3/1/27 | 13,525 | 13,274 |
Gilead Sciences Inc. | 4.600% | 9/1/35 | 7,679 | 8,618 |
76
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Gilead Sciences Inc. | 4.000% | 9/1/36 | 5,622 | 5,938 |
Gilead Sciences Inc. | 5.650% | 12/1/41 | 9,335 | 11,854 |
Gilead Sciences Inc. | 4.800% | 4/1/44 | 21,284 | 24,667 |
Gilead Sciences Inc. | 4.500% | 2/1/45 | 20,009 | 22,170 |
Gilead Sciences Inc. | 4.750% | 3/1/46 | 24,202 | 27,817 |
Gilead Sciences Inc. | 4.150% | 3/1/47 | 23,330 | 24,745 |
GlaxoSmithKline Capital Inc. | 2.800% | 3/18/23 | 8,875 | 8,959 |
GlaxoSmithKline Capital Inc. | 5.375% | 4/15/34 | 3,773 | 4,575 |
GlaxoSmithKline Capital Inc. | 6.375% | 5/15/38 | 31,358 | 44,216 |
GlaxoSmithKline Capital Inc. | 4.200% | 3/18/43 | 4,700 | 5,203 |
GlaxoSmithKline Capital plc | 2.850% | 5/8/22 | 8,506 | 8,609 |
Hackensack Meridian Health | 4.500% | 7/1/57 | 3,050 | 3,406 |
Hasbro Inc. | 3.150% | 5/15/21 | 1,590 | 1,600 |
Hasbro Inc. | 6.350% | 3/15/40 | 5,026 | 6,025 |
Hasbro Inc. | 5.100% | 5/15/44 | 5,070 | 5,308 |
Hershey Co. | 4.125% | 12/1/20 | 6,295 | 6,595 |
Hershey Co. | 2.625% | 5/1/23 | 7,400 | 7,440 |
Hershey Co. | 3.200% | 8/21/25 | 3,120 | 3,138 |
Hershey Co. | 2.300% | 8/15/26 | 3,000 | 2,814 |
Hillshire Brands Co. | 4.100% | 9/15/20 | 2,002 | 2,075 |
Ingredion Inc. | 4.625% | 11/1/20 | 1,185 | 1,246 |
Ingredion Inc. | 3.200% | 10/1/26 | 5,485 | 5,380 |
JM Smucker Co. | 2.200% | 12/6/19 | 3,865 | 3,860 |
JM Smucker Co. | 2.500% | 3/15/20 | 10,375 | 10,391 |
JM Smucker Co. | 3.500% | 10/15/21 | 7,225 | 7,430 |
JM Smucker Co. | 3.000% | 3/15/22 | 2,345 | 2,357 |
JM Smucker Co. | 3.500% | 3/15/25 | 9,945 | 10,158 |
JM Smucker Co. | 3.375% | 12/15/27 | 5,600 | 5,605 |
JM Smucker Co. | 4.250% | 3/15/35 | 5,800 | 6,102 |
JM Smucker Co. | 4.375% | 3/15/45 | 6,675 | 7,083 |
Johns Hopkins Health System Corp. | 3.837% | 5/15/46 | 5,000 | 5,125 |
Johnson & Johnson | 1.125% | 3/1/19 | 6,300 | 6,239 |
Johnson & Johnson | 1.875% | 12/5/19 | 6,500 | 6,470 |
Johnson & Johnson | 2.950% | 9/1/20 | 4,146 | 4,235 |
Johnson & Johnson | 1.950% | 11/10/20 | 2,000 | 1,992 |
Johnson & Johnson | 1.650% | 3/1/21 | 10,905 | 10,738 |
Johnson & Johnson | 2.450% | 12/5/21 | 7,025 | 7,089 |
Johnson & Johnson | 2.250% | 3/3/22 | 12,003 | 11,963 |
Johnson & Johnson | 2.050% | 3/1/23 | 10,150 | 9,937 |
Johnson & Johnson | 3.375% | 12/5/23 | 8,350 | 8,719 |
Johnson & Johnson | 2.625% | 1/15/25 | 8,000 | 7,913 |
Johnson & Johnson | 2.450% | 3/1/26 | 21,316 | 20,737 |
Johnson & Johnson | 2.950% | 3/3/27 | 12,150 | 12,233 |
Johnson & Johnson | 2.900% | 1/15/28 | 15,843 | 15,877 |
Johnson & Johnson | 6.950% | 9/1/29 | 3,920 | 5,330 |
Johnson & Johnson | 4.950% | 5/15/33 | 5,285 | 6,477 |
Johnson & Johnson | 4.375% | 12/5/33 | 12,949 | 14,759 |
Johnson & Johnson | 3.550% | 3/1/36 | 10,459 | 10,896 |
Johnson & Johnson | 3.625% | 3/3/37 | 13,350 | 14,052 |
Johnson & Johnson | 5.950% | 8/15/37 | 9,475 | 12,956 |
Johnson & Johnson | 3.400% | 1/15/38 | 10,603 | 10,829 |
Johnson & Johnson | 5.850% | 7/15/38 | 4,292 | 5,826 |
Johnson & Johnson | 4.500% | 9/1/40 | 7,021 | 8,108 |
Johnson & Johnson | 4.850% | 5/15/41 | 210 | 250 |
Johnson & Johnson | 4.500% | 12/5/43 | 7,748 | 9,085 |
Johnson & Johnson | 3.700% | 3/1/46 | 14,867 | 15,550 |
Johnson & Johnson | 3.750% | 3/3/47 | 15,714 | 16,745 |
Johnson & Johnson | 3.500% | 1/15/48 | 9,500 | 9,706 |
Kaiser Foundation Hospitals | 3.500% | 4/1/22 | 3,365 | 3,463 |
Kaiser Foundation Hospitals | 3.150% | 5/1/27 | 5,900 | 5,902 |
Kaiser Foundation Hospitals | 4.875% | 4/1/42 | 8,475 | 10,024 |
Kaiser Foundation Hospitals | 4.150% | 5/1/47 | 14,000 | 15,164 |
Kellogg Co. | 4.150% | 11/15/19 | 1,300 | 1,343 |
Kellogg Co. | 4.000% | 12/15/20 | 8,125 | 8,484 |
77
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Kellogg Co. | 2.650% | 12/1/23 | 10,800 | 10,628 |
Kellogg Co. | 3.250% | 4/1/26 | 6,425 | 6,391 |
Kellogg Co. | 3.400% | 11/15/27 | 12,000 | 11,935 |
Kellogg Co. | 7.450% | 4/1/31 | 900 | 1,202 |
Kellogg Co. | 4.500% | 4/1/46 | 13,350 | 14,160 |
Kimberly-Clark Corp. | 1.400% | 2/15/19 | 7,725 | 7,659 |
Kimberly-Clark Corp. | 3.625% | 8/1/20 | 8,444 | 8,688 |
Kimberly-Clark Corp. | 3.875% | 3/1/21 | 575 | 600 |
Kimberly-Clark Corp. | 2.400% | 3/1/22 | 5,925 | 5,882 |
Kimberly-Clark Corp. | 2.400% | 6/1/23 | 4,397 | 4,328 |
Kimberly-Clark Corp. | 3.050% | 8/15/25 | 4,130 | 4,137 |
Kimberly-Clark Corp. | 2.750% | 2/15/26 | 5,900 | 5,809 |
Kimberly-Clark Corp. | 6.625% | 8/1/37 | 2,128 | 3,022 |
Kimberly-Clark Corp. | 5.300% | 3/1/41 | 8,468 | 10,680 |
Kimberly-Clark Corp. | 3.700% | 6/1/43 | 2,485 | 2,475 |
Kimberly-Clark Corp. | 3.200% | 7/30/46 | 5,090 | 4,751 |
Koninklijke Ahold Delhaize NV | 5.700% | 10/1/40 | 2,550 | 3,001 |
Koninklijke Philips NV | 3.750% | 3/15/22 | 11,106 | 11,550 |
Koninklijke Philips NV | 6.875% | 3/11/38 | 4,000 | 5,525 |
Koninklijke Philips NV | 5.000% | 3/15/42 | 7,825 | 9,119 |
Kraft Foods Group Inc. | 5.375% | 2/10/20 | 8,438 | 8,935 |
Kraft Foods Group Inc. | 3.500% | 6/6/22 | 16,431 | 16,814 |
Kraft Foods Group Inc. | 6.875% | 1/26/39 | 14,754 | 19,337 |
Kraft Foods Group Inc. | 6.500% | 2/9/40 | 5,485 | 6,953 |
Kraft Foods Group Inc. | 5.000% | 6/4/42 | 25,012 | 26,838 |
Kraft Heinz Foods Co. | 2.800% | 7/2/20 | 19,502 | 19,606 |
Kraft Heinz Foods Co. | 3.500% | 7/15/22 | 8,250 | 8,436 |
Kraft Heinz Foods Co. | 3.950% | 7/15/25 | 19,935 | 20,585 |
Kraft Heinz Foods Co. | 3.000% | 6/1/26 | 18,060 | 17,375 |
Kraft Heinz Foods Co. | 5.000% | 7/15/35 | 8,420 | 9,191 |
Kraft Heinz Foods Co. | 5.200% | 7/15/45 | 17,498 | 19,291 |
Kraft Heinz Foods Co. | 4.375% | 6/1/46 | 33,705 | 33,386 |
Kroger Co. | 2.950% | 11/1/21 | 7,134 | 7,213 |
Kroger Co. | 4.450% | 2/1/47 | 13,305 | 13,298 |
Kroger Co. | 4.650% | 1/15/48 | 5,350 | 5,486 |
Laboratory Corp. of America Holdings | 2.625% | 2/1/20 | 2,825 | 2,833 |
Laboratory Corp. of America Holdings | 3.200% | 2/1/22 | 6,905 | 7,039 |
Laboratory Corp. of America Holdings | 3.750% | 8/23/22 | 1,315 | 1,365 |
Laboratory Corp. of America Holdings | 4.000% | 11/1/23 | 1,800 | 1,875 |
Laboratory Corp. of America Holdings | 3.250% | 9/1/24 | 5,500 | 5,495 |
Laboratory Corp. of America Holdings | 3.600% | 2/1/25 | 10,150 | 10,318 |
Laboratory Corp. of America Holdings | 3.600% | 9/1/27 | 7,250 | 7,253 |
Laboratory Corp. of America Holdings | 4.700% | 2/1/45 | 9,838 | 10,690 |
Life Technologies Corp. | 6.000% | 3/1/20 | 1,700 | 1,815 |
Life Technologies Corp. | 5.000% | 1/15/21 | 3,725 | 3,942 |
Mattel Inc. | 3.150% | 3/15/23 | 1,900 | 1,636 |
5 Mayo Clinic | 3.774% | 11/15/43 | 6,202 | 6,281 |
5 Mayo Clinic | 4.000% | 11/15/47 | 3,775 | 3,890 |
5 Mayo Clinic | 4.128% | 11/15/52 | 1,975 | 2,087 |
McCormick & Co. Inc. | 3.900% | 7/15/21 | 3,025 | 3,132 |
McCormick & Co. Inc. | 2.700% | 8/15/22 | 1,455 | 1,452 |
McCormick & Co. Inc. | 3.150% | 8/15/24 | 4,000 | 4,025 |
McCormick & Co. Inc. | 3.400% | 8/15/27 | 10,650 | 10,794 |
McKesson Corp. | 7.500% | 2/15/19 | 3,484 | 3,680 |
McKesson Corp. | 2.284% | 3/15/19 | 12,175 | 12,178 |
McKesson Corp. | 4.750% | 3/1/21 | 10,320 | 10,936 |
McKesson Corp. | 2.700% | 12/15/22 | 5,800 | 5,730 |
McKesson Corp. | 2.850% | 3/15/23 | 250 | 249 |
McKesson Corp. | 3.796% | 3/15/24 | 12,519 | 12,961 |
McKesson Corp. | 6.000% | 3/1/41 | 4,514 | 5,516 |
McKesson Corp. | 4.883% | 3/15/44 | 6,836 | 7,353 |
Mead Johnson Nutrition Co. | 4.900% | 11/1/19 | 5,460 | 5,714 |
Mead Johnson Nutrition Co. | 3.000% | 11/15/20 | 5,544 | 5,626 |
Mead Johnson Nutrition Co. | 4.125% | 11/15/25 | 8,175 | 8,700 |
78
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Mead Johnson Nutrition Co. | 5.900% | 11/1/39 | 7,200 | 9,113 |
Mead Johnson Nutrition Co. | 4.600% | 6/1/44 | 5,215 | 5,801 |
Medtronic Global Holdings SCA | 1.700% | 3/28/19 | 1,850 | 1,842 |
Medtronic Global Holdings SCA | 3.350% | 4/1/27 | 8,995 | 9,200 |
Medtronic Inc. | 5.600% | 3/15/19 | 1,450 | 1,510 |
Medtronic Inc. | 2.500% | 3/15/20 | 42,299 | 42,525 |
Medtronic Inc. | 4.450% | 3/15/20 | 120 | 125 |
Medtronic Inc. | 3.125% | 3/15/22 | 5,350 | 5,466 |
Medtronic Inc. | 3.150% | 3/15/22 | 39,269 | 40,225 |
Medtronic Inc. | 2.750% | 4/1/23 | 1,100 | 1,101 |
Medtronic Inc. | 3.625% | 3/15/24 | 9,611 | 10,046 |
Medtronic Inc. | 3.500% | 3/15/25 | 41,404 | 43,022 |
Medtronic Inc. | 4.375% | 3/15/35 | 34,972 | 39,365 |
Medtronic Inc. | 6.500% | 3/15/39 | 2,516 | 3,456 |
Medtronic Inc. | 5.550% | 3/15/40 | 4,325 | 5,480 |
Medtronic Inc. | 4.500% | 3/15/42 | 5,550 | 6,204 |
Medtronic Inc. | 4.625% | 3/15/44 | 5,418 | 6,210 |
Medtronic Inc. | 4.625% | 3/15/45 | 50,115 | 58,173 |
Memorial Sloan-Kettering Cancer Center New York GO | 5.000% | 7/1/42 | 1,175 | 1,415 |
Memorial Sloan-Kettering Cancer Center New York GO | 4.125% | 7/1/52 | 8,100 | 8,565 |
Memorial Sloan-Kettering Cancer Center New York GO | 4.200% | 7/1/55 | 1,000 | 1,079 |
Merck & Co. Inc. | 1.850% | 2/10/20 | 10,560 | 10,500 |
Merck & Co. Inc. | 3.875% | 1/15/21 | 12,017 | 12,545 |
Merck & Co. Inc. | 2.350% | 2/10/22 | 12,578 | 12,551 |
Merck & Co. Inc. | 2.400% | 9/15/22 | 7,730 | 7,701 |
Merck & Co. Inc. | 2.800% | 5/18/23 | 20,099 | 20,234 |
Merck & Co. Inc. | 2.750% | 2/10/25 | 28,030 | 27,896 |
Merck & Co. Inc. | 3.600% | 9/15/42 | 10,787 | 10,993 |
Merck & Co. Inc. | 4.150% | 5/18/43 | 13,862 | 15,359 |
Merck & Co. Inc. | 3.700% | 2/10/45 | 23,656 | 24,548 |
Merck Sharp & Dohme Corp. | 5.000% | 6/30/19 | 13,115 | 13,676 |
Molson Coors Brewing Co. | 1.900% | 3/15/19 | 7,285 | 7,253 |
Molson Coors Brewing Co. | 1.450% | 7/15/19 | 4,380 | 4,316 |
Molson Coors Brewing Co. | 2.250% | 3/15/20 | 7,200 | 7,165 |
Molson Coors Brewing Co. | 2.100% | 7/15/21 | 8,300 | 8,126 |
Molson Coors Brewing Co. | 3.500% | 5/1/22 | 600 | 612 |
Molson Coors Brewing Co. | 3.000% | 7/15/26 | 22,565 | 22,074 |
Molson Coors Brewing Co. | 5.000% | 5/1/42 | 12,053 | 13,725 |
Molson Coors Brewing Co. | 4.200% | 7/15/46 | 17,890 | 18,238 |
Mondelez International Inc. | 6.500% | 2/9/40 | 6,485 | 8,426 |
5 Mount Sinai Hospitals Group Inc. | 3.981% | 7/1/48 | 2,775 | 2,800 |
Mylan Inc. | 2.550% | 3/28/19 | 10,761 | 10,750 |
Mylan Inc. | 4.200% | 11/29/23 | 13,493 | 13,989 |
Mylan Inc. | 5.400% | 11/29/43 | 5,850 | 6,327 |
Mylan NV | 2.500% | 6/7/19 | 6,525 | 6,452 |
Mylan NV | 3.150% | 6/15/21 | 12,755 | 12,807 |
Mylan NV | 3.950% | 6/15/26 | 21,810 | 22,006 |
Mylan NV | 5.250% | 6/15/46 | 9,850 | 10,640 |
New York & Presbyterian Hospital | 4.024% | 8/1/45 | 7,000 | 7,410 |
New York & Presbyterian Hospital | 4.063% | 8/1/56 | 4,750 | 4,939 |
Newell Brands Inc. | 2.875% | 12/1/19 | 6,025 | 6,080 |
Newell Brands Inc. | 3.150% | 4/1/21 | 15,090 | 15,259 |
Newell Brands Inc. | 4.000% | 6/15/22 | 250 | 259 |
Newell Brands Inc. | 3.850% | 4/1/23 | 17,678 | 18,285 |
Newell Brands Inc. | 4.000% | 12/1/24 | 10,825 | 11,253 |
Newell Brands Inc. | 3.900% | 11/1/25 | 5,125 | 5,255 |
Newell Brands Inc. | 4.200% | 4/1/26 | 26,640 | 27,781 |
Newell Brands Inc. | 5.375% | 4/1/36 | 6,435 | 7,514 |
Newell Brands Inc. | 5.500% | 4/1/46 | 23,933 | 28,674 |
Northwell Healthcare Inc. | 3.979% | 11/1/46 | 9,475 | 9,244 |
Northwell Healthcare Inc. | 4.260% | 11/1/47 | 11,000 | 11,274 |
Novartis Capital Corp. | 1.800% | 2/14/20 | 24,000 | 23,769 |
Novartis Capital Corp. | 4.400% | 4/24/20 | 6,676 | 7,003 |
Novartis Capital Corp. | 2.400% | 5/17/22 | 20,750 | 20,660 |
79
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Novartis Capital Corp. | 2.400% | 9/21/22 | 23,754 | 23,591 |
Novartis Capital Corp. | 3.400% | 5/6/24 | 15,325 | 15,933 |
Novartis Capital Corp. | 3.000% | 11/20/25 | 9,498 | 9,575 |
Novartis Capital Corp. | 3.100% | 5/17/27 | 14,795 | 15,031 |
Novartis Capital Corp. | 3.700% | 9/21/42 | 4,513 | 4,629 |
Novartis Capital Corp. | 4.400% | 5/6/44 | 19,495 | 22,376 |
Novartis Capital Corp. | 4.000% | 11/20/45 | 14,706 | 15,972 |
Novartis Securities Investment Ltd. | 5.125% | 2/10/19 | 13,845 | 14,289 |
NYU Hospitals Center | 4.784% | 7/1/44 | 4,425 | 5,089 |
5 NYU Hospitals Center | 4.368% | 7/1/47 | 6,215 | 6,679 |
Partners Healthcare System Inc. | 4.117% | 7/1/55 | 3,125 | 3,256 |
PepsiCo Inc. | 2.250% | 1/7/19 | 14,464 | 14,502 |
PepsiCo Inc. | 1.550% | 5/2/19 | 15,255 | 15,165 |
PepsiCo Inc. | 1.350% | 10/4/19 | 7,100 | 7,012 |
PepsiCo Inc. | 4.500% | 1/15/20 | 8,247 | 8,629 |
PepsiCo Inc. | 1.850% | 4/30/20 | 14,946 | 14,801 |
PepsiCo Inc. | 2.150% | 10/14/20 | 20,110 | 20,067 |
PepsiCo Inc. | 3.125% | 11/1/20 | 6,388 | 6,542 |
PepsiCo Inc. | 2.000% | 4/15/21 | 12,000 | 11,892 |
PepsiCo Inc. | 3.000% | 8/25/21 | 12,712 | 12,970 |
PepsiCo Inc. | 1.700% | 10/6/21 | 8,500 | 8,280 |
PepsiCo Inc. | 2.750% | 3/5/22 | 11,595 | 11,734 |
PepsiCo Inc. | 2.250% | 5/2/22 | 3,925 | 3,883 |
PepsiCo Inc. | 3.100% | 7/17/22 | 5,525 | 5,644 |
PepsiCo Inc. | 2.750% | 3/1/23 | 2,791 | 2,817 |
PepsiCo Inc. | 3.600% | 3/1/24 | 6,873 | 7,212 |
PepsiCo Inc. | 2.750% | 4/30/25 | 12,213 | 12,217 |
PepsiCo Inc. | 3.500% | 7/17/25 | 11,170 | 11,610 |
PepsiCo Inc. | 2.850% | 2/24/26 | 4,080 | 4,041 |
PepsiCo Inc. | 2.375% | 10/6/26 | 10,440 | 9,906 |
PepsiCo Inc. | 3.000% | 10/15/27 | 23,804 | 23,714 |
PepsiCo Inc. | 5.500% | 1/15/40 | 10,885 | 13,927 |
PepsiCo Inc. | 4.875% | 11/1/40 | 5,212 | 6,264 |
PepsiCo Inc. | 4.000% | 3/5/42 | 11,625 | 12,210 |
PepsiCo Inc. | 3.600% | 8/13/42 | 7,168 | 7,048 |
PepsiCo Inc. | 4.250% | 10/22/44 | 7,425 | 8,150 |
PepsiCo Inc. | 4.600% | 7/17/45 | 8,195 | 9,487 |
PepsiCo Inc. | 4.450% | 4/14/46 | 11,426 | 12,934 |
PepsiCo Inc. | 3.450% | 10/6/46 | 10,075 | 9,781 |
PepsiCo Inc. | 4.000% | 5/2/47 | 9,075 | 9,520 |
PerkinElmer Inc. | 5.000% | 11/15/21 | 5,275 | 5,678 |
Perrigo Finance Unlimited Co. | 3.500% | 3/15/21 | 2,023 | 2,051 |
Perrigo Finance Unlimited Co. | 3.500% | 12/15/21 | 2,107 | 2,143 |
Perrigo Finance Unlimited Co. | 3.900% | 12/15/24 | 7,700 | 7,782 |
Perrigo Finance Unlimited Co. | 4.375% | 3/15/26 | 20,231 | 20,765 |
Perrigo Finance Unlimited Co. | 4.900% | 12/15/44 | 10,737 | 10,794 |
Pfizer Inc. | 2.100% | 5/15/19 | 13,825 | 13,847 |
Pfizer Inc. | 1.450% | 6/3/19 | 16,545 | 16,427 |
Pfizer Inc. | 1.700% | 12/15/19 | 29,925 | 29,786 |
Pfizer Inc. | 1.950% | 6/3/21 | 18,925 | 18,718 |
Pfizer Inc. | 2.200% | 12/15/21 | 4,954 | 4,929 |
Pfizer Inc. | 3.000% | 6/15/23 | 9,910 | 10,113 |
Pfizer Inc. | 3.400% | 5/15/24 | 5,059 | 5,257 |
Pfizer Inc. | 2.750% | 6/3/26 | 13,410 | 13,217 |
Pfizer Inc. | 3.000% | 12/15/26 | 20,198 | 20,333 |
Pfizer Inc. | 4.000% | 12/15/36 | 12,825 | 14,094 |
Pfizer Inc. | 7.200% | 3/15/39 | 10,372 | 15,908 |
Pfizer Inc. | 4.300% | 6/15/43 | 8,246 | 9,168 |
Pfizer Inc. | 4.400% | 5/15/44 | 11,750 | 13,486 |
Pfizer Inc. | 4.125% | 12/15/46 | 22,629 | 25,129 |
Pharmacia LLC | 6.600% | 12/1/28 | 5,975 | 7,837 |
Philip Morris International Inc. | 1.875% | 1/15/19 | 26,150 | 26,092 |
Philip Morris International Inc. | 1.625% | 2/21/19 | 7,125 | 7,081 |
Philip Morris International Inc. | 1.375% | 2/25/19 | 5,550 | 5,503 |
80
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Philip Morris International Inc. | 2.000% | 2/21/20 | 8,950 | 8,887 |
Philip Morris International Inc. | 4.500% | 3/26/20 | 930 | 973 |
Philip Morris International Inc. | 1.875% | 2/25/21 | 4,576 | 4,493 |
Philip Morris International Inc. | 4.125% | 5/17/21 | 3,127 | 3,286 |
Philip Morris International Inc. | 2.900% | 11/15/21 | 3,890 | 3,928 |
Philip Morris International Inc. | 2.375% | 8/17/22 | 7,915 | 7,795 |
Philip Morris International Inc. | 2.500% | 8/22/22 | 1,895 | 1,876 |
Philip Morris International Inc. | 2.500% | 11/2/22 | 7,975 | 7,884 |
Philip Morris International Inc. | 2.625% | 3/6/23 | 6,340 | 6,276 |
Philip Morris International Inc. | 2.125% | 5/10/23 | 7,000 | 6,755 |
Philip Morris International Inc. | 3.600% | 11/15/23 | 5,250 | 5,434 |
Philip Morris International Inc. | 3.250% | 11/10/24 | 11,100 | 11,288 |
Philip Morris International Inc. | 3.375% | 8/11/25 | 8,024 | 8,197 |
Philip Morris International Inc. | 2.750% | 2/25/26 | 17,200 | 16,825 |
Philip Morris International Inc. | 3.125% | 3/2/28 | 5,000 | 4,962 |
Philip Morris International Inc. | 6.375% | 5/16/38 | 18,317 | 24,700 |
Philip Morris International Inc. | 4.375% | 11/15/41 | 10,950 | 11,783 |
Philip Morris International Inc. | 4.500% | 3/20/42 | 5,838 | 6,342 |
Philip Morris International Inc. | 3.875% | 8/21/42 | 5,885 | 5,849 |
Philip Morris International Inc. | 4.125% | 3/4/43 | 5,960 | 6,132 |
Philip Morris International Inc. | 4.875% | 11/15/43 | 12,978 | 14,813 |
Philip Morris International Inc. | 4.250% | 11/10/44 | 11,405 | 12,020 |
5 Procter & Gamble - Esop | 9.360% | 1/1/21 | 2,301 | 2,550 |
Procter & Gamble Co. | 1.600% | 11/15/18 | 6,700 | 6,686 |
Procter & Gamble Co. | 1.750% | 10/25/19 | 10,000 | 9,971 |
Procter & Gamble Co. | 1.900% | 11/1/19 | 5,830 | 5,817 |
Procter & Gamble Co. | 1.900% | 10/23/20 | 8,140 | 8,089 |
Procter & Gamble Co. | 1.850% | 2/2/21 | 3,391 | 3,345 |
Procter & Gamble Co. | 1.700% | 11/3/21 | 10,936 | 10,679 |
Procter & Gamble Co. | 2.300% | 2/6/22 | 9,648 | 9,605 |
Procter & Gamble Co. | 2.150% | 8/11/22 | 1,090 | 1,078 |
Procter & Gamble Co. | 3.100% | 8/15/23 | 12,642 | 12,947 |
Procter & Gamble Co. | 2.700% | 2/2/26 | 7,450 | 7,341 |
Procter & Gamble Co. | 2.450% | 11/3/26 | 8,850 | 8,512 |
Procter & Gamble Co. | 2.850% | 8/11/27 | 1,295 | 1,284 |
Procter & Gamble Co. | 5.550% | 3/5/37 | 2,422 | 3,215 |
Procter & Gamble Co. | 3.500% | 10/25/47 | 11,910 | 11,989 |
Providence St. Joseph Health Obligated Group | 2.746% | 10/1/26 | 2,000 | 1,933 |
5 Providence St. Joseph Health Obligated Group | 3.744% | 10/1/47 | 4,325 | 4,295 |
Quest Diagnostics Inc. | 2.700% | 4/1/19 | 5,030 | 5,056 |
Quest Diagnostics Inc. | 4.750% | 1/30/20 | 2,650 | 2,767 |
Quest Diagnostics Inc. | 2.500% | 3/30/20 | 3,000 | 2,994 |
Quest Diagnostics Inc. | 4.700% | 4/1/21 | 2,000 | 2,115 |
Quest Diagnostics Inc. | 4.250% | 4/1/24 | 4,587 | 4,864 |
Quest Diagnostics Inc. | 3.500% | 3/30/25 | 5,420 | 5,484 |
Quest Diagnostics Inc. | 3.450% | 6/1/26 | 4,885 | 4,894 |
Quest Diagnostics Inc. | 5.750% | 1/30/40 | 1,368 | 1,576 |
Quest Diagnostics Inc. | 4.700% | 3/30/45 | 2,032 | 2,137 |
Reynolds American Inc. | 8.125% | 6/23/19 | 7,728 | 8,358 |
Reynolds American Inc. | 6.875% | 5/1/20 | 1,580 | 1,733 |
Reynolds American Inc. | 3.250% | 6/12/20 | 12,570 | 12,765 |
Reynolds American Inc. | 4.000% | 6/12/22 | 8,250 | 8,620 |
Reynolds American Inc. | 4.850% | 9/15/23 | 3,425 | 3,726 |
Reynolds American Inc. | 4.450% | 6/12/25 | 36,050 | 38,363 |
Reynolds American Inc. | 5.700% | 8/15/35 | 11,817 | 14,084 |
Reynolds American Inc. | 7.250% | 6/15/37 | 3,034 | 4,189 |
Reynolds American Inc. | 8.125% | 5/1/40 | 2,569 | 3,804 |
Reynolds American Inc. | 7.000% | 8/4/41 | 3,375 | 4,555 |
Reynolds American Inc. | 5.850% | 8/15/45 | 19,184 | 23,915 |
RWJ Barnabas Health Inc. | 3.949% | 7/1/46 | 4,795 | 4,824 |
Sanofi | 4.000% | 3/29/21 | 13,823 | 14,546 |
Shire Acquisitions Investments Ireland DAC | 1.900% | 9/23/19 | 65,650 | 65,078 |
Shire Acquisitions Investments Ireland DAC | 2.400% | 9/23/21 | 42,335 | 41,602 |
Shire Acquisitions Investments Ireland DAC | 2.875% | 9/23/23 | 36,435 | 35,690 |
81
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Shire Acquisitions Investments Ireland DAC | 3.200% | 9/23/26 | 19,890 | 19,435 |
SSM Health Care Corp. | 3.823% | 6/1/27 | 5,200 | 5,367 |
Stryker Corp. | 2.000% | 3/8/19 | 6,568 | 6,553 |
Stryker Corp. | 4.375% | 1/15/20 | 811 | 844 |
Stryker Corp. | 2.625% | 3/15/21 | 20,325 | 20,374 |
Stryker Corp. | 3.375% | 5/15/24 | 11,300 | 11,627 |
Stryker Corp. | 3.375% | 11/1/25 | 9,725 | 9,954 |
Stryker Corp. | 3.500% | 3/15/26 | 8,865 | 9,149 |
Stryker Corp. | 4.375% | 5/15/44 | 4,075 | 4,382 |
Stryker Corp. | 4.625% | 3/15/46 | 10,085 | 11,453 |
Sysco Corp. | 1.900% | 4/1/19 | 4,700 | 4,688 |
Sysco Corp. | 2.600% | 10/1/20 | 6,075 | 6,101 |
Sysco Corp. | 2.500% | 7/15/21 | 4,750 | 4,733 |
Sysco Corp. | 2.600% | 6/12/22 | 1,150 | 1,142 |
Sysco Corp. | 3.750% | 10/1/25 | 4,075 | 4,235 |
Sysco Corp. | 3.300% | 7/15/26 | 8,750 | 8,786 |
Sysco Corp. | 3.250% | 7/15/27 | 16,211 | 16,179 |
Sysco Corp. | 5.375% | 9/21/35 | 5,755 | 6,814 |
Sysco Corp. | 4.850% | 10/1/45 | 5,015 | 5,658 |
Sysco Corp. | 4.500% | 4/1/46 | 5,115 | 5,533 |
Teva Pharmaceutical Finance Co. BV | 3.650% | 11/10/21 | 5,892 | 5,605 |
Teva Pharmaceutical Finance Co. BV | 2.950% | 12/18/22 | 8,913 | 7,940 |
Teva Pharmaceutical Finance Co. LLC | 6.150% | 2/1/36 | 1,720 | 1,731 |
Teva Pharmaceutical Finance IV BV | 3.650% | 11/10/21 | 5,720 | 5,442 |
Teva Pharmaceutical Finance IV LLC | 2.250% | 3/18/20 | 7,369 | 7,114 |
Teva Pharmaceutical Finance Netherlands III BV | 1.700% | 7/19/19 | 33,279 | 32,297 |
Teva Pharmaceutical Finance Netherlands III BV | 2.200% | 7/21/21 | 34,435 | 31,550 |
Teva Pharmaceutical Finance Netherlands III BV | 2.800% | 7/21/23 | 29,800 | 25,912 |
Teva Pharmaceutical Finance Netherlands III BV | 3.150% | 10/1/26 | 35,086 | 28,852 |
Teva Pharmaceutical Finance Netherlands III BV | 4.100% | 10/1/46 | 15,095 | 11,605 |
5 Texas Health Resources | 4.330% | 11/15/55 | 1,725 | 1,840 |
The Kroger Co. | 2.000% | 1/15/19 | 1,600 | 1,597 |
The Kroger Co. | 2.300% | 1/15/19 | 11,790 | 11,786 |
The Kroger Co. | 1.500% | 9/30/19 | 4,725 | 4,657 |
The Kroger Co. | 6.150% | 1/15/20 | 11,699 | 12,550 |
The Kroger Co. | 3.300% | 1/15/21 | 4,282 | 4,367 |
The Kroger Co. | 2.600% | 2/1/21 | 3,594 | 3,583 |
The Kroger Co. | 3.400% | 4/15/22 | 3,683 | 3,771 |
The Kroger Co. | 2.800% | 8/1/22 | 2,375 | 2,359 |
The Kroger Co. | 3.850% | 8/1/23 | 6,340 | 6,587 |
The Kroger Co. | 4.000% | 2/1/24 | 5,186 | 5,360 |
The Kroger Co. | 3.500% | 2/1/26 | 4,300 | 4,260 |
The Kroger Co. | 2.650% | 10/15/26 | 10,075 | 9,392 |
The Kroger Co. | 3.700% | 8/1/27 | 5,200 | 5,236 |
The Kroger Co. | 7.700% | 6/1/29 | 8,550 | 11,227 |
The Kroger Co. | 8.000% | 9/15/29 | 4,185 | 5,549 |
The Kroger Co. | 7.500% | 4/1/31 | 4,820 | 6,345 |
The Kroger Co. | 6.900% | 4/15/38 | 5,094 | 6,546 |
The Kroger Co. | 5.400% | 7/15/40 | 2,018 | 2,233 |
The Kroger Co. | 5.000% | 4/15/42 | 1,425 | 1,498 |
The Kroger Co. | 5.150% | 8/1/43 | 2,155 | 2,302 |
The Kroger Co. | 3.875% | 10/15/46 | 5,290 | 4,869 |
The Pepsi Bottling Group Inc. | 7.000% | 3/1/29 | 9,965 | 13,445 |
Thermo Fisher Scientific Inc. | 2.150% | 12/14/18 | 3,525 | 3,528 |
Thermo Fisher Scientific Inc. | 2.400% | 2/1/19 | 9,262 | 9,264 |
Thermo Fisher Scientific Inc. | 4.700% | 5/1/20 | 750 | 787 |
Thermo Fisher Scientific Inc. | 4.500% | 3/1/21 | 8,800 | 9,297 |
Thermo Fisher Scientific Inc. | 3.600% | 8/15/21 | 7,296 | 7,499 |
Thermo Fisher Scientific Inc. | 3.300% | 2/15/22 | 8,805 | 8,973 |
Thermo Fisher Scientific Inc. | 3.150% | 1/15/23 | 4,465 | 4,510 |
Thermo Fisher Scientific Inc. | 3.000% | 4/15/23 | 10,600 | 10,644 |
Thermo Fisher Scientific Inc. | 4.150% | 2/1/24 | 7,039 | 7,464 |
Thermo Fisher Scientific Inc. | 3.650% | 12/15/25 | 8,375 | 8,623 |
Thermo Fisher Scientific Inc. | 2.950% | 9/19/26 | 13,780 | 13,423 |
82
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Thermo Fisher Scientific Inc. | 3.200% | 8/15/27 | 8,475 | 8,396 |
Thermo Fisher Scientific Inc. | 5.300% | 2/1/44 | 7,076 | 8,436 |
Thermo Fisher Scientific Inc. | 4.100% | 8/15/47 | 6,675 | 6,868 |
Trinity Health Corp. | 4.125% | 12/1/45 | 6,690 | 7,070 |
Tupperware Brands Corp. | 4.750% | 6/1/21 | 5,960 | 6,248 |
Tyson Foods Inc. | 2.650% | 8/15/19 | 12,731 | 12,798 |
Tyson Foods Inc. | 2.250% | 8/23/21 | 2,000 | 1,973 |
Tyson Foods Inc. | 4.500% | 6/15/22 | 16,708 | 17,834 |
Tyson Foods Inc. | 3.950% | 8/15/24 | 14,883 | 15,667 |
Tyson Foods Inc. | 3.550% | 6/2/27 | 14,565 | 14,805 |
Tyson Foods Inc. | 4.875% | 8/15/34 | 9,929 | 11,138 |
Tyson Foods Inc. | 5.150% | 8/15/44 | 3,950 | 4,630 |
Tyson Foods Inc. | 4.550% | 6/2/47 | 8,525 | 9,294 |
Unilever Capital Corp. | 4.800% | 2/15/19 | 6,986 | 7,189 |
Unilever Capital Corp. | 2.200% | 3/6/19 | 3,500 | 3,505 |
Unilever Capital Corp. | 2.100% | 7/30/20 | 7,700 | 7,673 |
Unilever Capital Corp. | 4.250% | 2/10/21 | 10,820 | 11,405 |
Unilever Capital Corp. | 1.375% | 7/28/21 | 8,830 | 8,515 |
Unilever Capital Corp. | 2.600% | 5/5/24 | 11,975 | 11,816 |
Unilever Capital Corp. | 3.100% | 7/30/25 | 7,200 | 7,280 |
Unilever Capital Corp. | 2.000% | 7/28/26 | 10,125 | 9,340 |
Unilever Capital Corp. | 5.900% | 11/15/32 | 4,300 | 5,567 |
Whirlpool Corp. | 2.400% | 3/1/19 | 5,000 | 5,012 |
Whirlpool Corp. | 4.850% | 6/15/21 | 2,763 | 2,952 |
Whirlpool Corp. | 4.700% | 6/1/22 | 4,030 | 4,326 |
Whirlpool Corp. | 4.000% | 3/1/24 | 2,734 | 2,872 |
Whirlpool Corp. | 3.700% | 5/1/25 | 2,655 | 2,723 |
Whirlpool Corp. | 4.500% | 6/1/46 | 6,482 | 6,807 |
Wyeth LLC | 7.250% | 3/1/23 | 2,400 | 2,896 |
Wyeth LLC | 6.450% | 2/1/24 | 5,575 | 6,728 |
Wyeth LLC | 6.500% | 2/1/34 | 6,675 | 9,097 |
Wyeth LLC | 6.000% | 2/15/36 | 5,440 | 7,232 |
Wyeth LLC | 5.950% | 4/1/37 | 33,368 | 44,779 |
Zeneca Wilmington Inc. | 7.000% | 11/15/23 | 4,275 | 5,136 |
Zimmer Biomet Holdings Inc. | 4.625% | 11/30/19 | 1,850 | 1,920 |
Zimmer Biomet Holdings Inc. | 2.700% | 4/1/20 | 27,550 | 27,592 |
Zimmer Biomet Holdings Inc. | 3.375% | 11/30/21 | 5,775 | 5,857 |
Zimmer Biomet Holdings Inc. | 3.150% | 4/1/22 | 8,925 | 8,853 |
Zimmer Biomet Holdings Inc. | 3.550% | 4/1/25 | 23,455 | 23,462 |
Zimmer Biomet Holdings Inc. | 5.750% | 11/30/39 | 1,650 | 1,924 |
Zimmer Biomet Holdings Inc. | 4.450% | 8/15/45 | 4,345 | 4,335 |
Zoetis Inc. | 3.450% | 11/13/20 | 5,000 | 5,114 |
Zoetis Inc. | 3.250% | 2/1/23 | 13,920 | 14,139 |
Zoetis Inc. | 4.500% | 11/13/25 | 5,200 | 5,657 |
Zoetis Inc. | 3.000% | 9/12/27 | 7,564 | 7,386 |
Zoetis Inc. | 4.700% | 2/1/43 | 12,203 | 13,664 |
Zoetis Inc. | 3.950% | 9/12/47 | 4,550 | 4,635 |
Energy (2.6%) | ||||
Alberta Energy Co. Ltd. | 7.375% | 11/1/31 | 3,650 | 4,693 |
Anadarko Finance Co. | 7.500% | 5/1/31 | 8,711 | 11,172 |
Anadarko Petroleum Corp. | 8.700% | 3/15/19 | 350 | 375 |
Anadarko Petroleum Corp. | 6.950% | 6/15/19 | 1,000 | 1,062 |
Anadarko Petroleum Corp. | 4.850% | 3/15/21 | 2,225 | 2,350 |
Anadarko Petroleum Corp. | 3.450% | 7/15/24 | 7,578 | 7,515 |
Anadarko Petroleum Corp. | 5.550% | 3/15/26 | 23,563 | 26,383 |
Anadarko Petroleum Corp. | 6.450% | 9/15/36 | 17,521 | 21,547 |
Anadarko Petroleum Corp. | 7.950% | 6/15/39 | 3,405 | 4,638 |
Anadarko Petroleum Corp. | 6.200% | 3/15/40 | 13,765 | 16,541 |
Anadarko Petroleum Corp. | 4.500% | 7/15/44 | 1,040 | 1,022 |
Anadarko Petroleum Corp. | 6.600% | 3/15/46 | 10,475 | 13,365 |
Andeavor | 5.375% | 10/1/22 | 2,000 | 2,065 |
10 Andeavor | 4.750% | 12/15/23 | 25,705 | 27,633 |
Andeavor | 5.125% | 4/1/24 | 1,000 | 1,047 |
83
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
10 Andeavor | 5.125% | 12/15/26 | 24,210 | 26,631 |
Andeavor | 3.800% | 4/1/28 | 5,200 | 5,211 |
Andeavor | 4.500% | 4/1/48 | 6,000 | 6,066 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 3.500% | 12/1/22 | 2,100 | 2,089 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 4.250% | 12/1/27 | 4,550 | 4,595 |
Andeavor Logistics LP / Tesoro Logistics Finance Corp. | 5.200% | 12/1/47 | 5,500 | 5,720 |
Apache Corp. | 3.625% | 2/1/21 | 5,600 | 5,729 |
Apache Corp. | 3.250% | 4/15/22 | 6,038 | 6,082 |
Apache Corp. | 2.625% | 1/15/23 | 1,175 | 1,148 |
Apache Corp. | 6.000% | 1/15/37 | 18,507 | 21,787 |
Apache Corp. | 5.100% | 9/1/40 | 12,872 | 13,922 |
Apache Corp. | 5.250% | 2/1/42 | 10,500 | 11,498 |
Apache Corp. | 4.750% | 4/15/43 | 9,206 | 9,532 |
Apache Finance Canada Corp. | 7.750% | 12/15/29 | 5,215 | 6,788 |
Baker Hughes a GE Co. LLC | 3.200% | 8/15/21 | 10,277 | 10,465 |
Baker Hughes a GE Co. LLC | 5.125% | 9/15/40 | 13,655 | 16,037 |
10 Baker Hughes a GE Co. LLC / Baker Hughes Co-Obligor | ||||
Inc. | 2.773% | 12/15/22 | 5,250 | 5,242 |
10 Baker Hughes a GE Co. LLC / Baker Hughes Co-Obligor | ||||
Inc. | 3.337% | 12/15/27 | 12,000 | 11,973 |
10 Baker Hughes a GE Co. LLC / Baker Hughes Co-Obligor | ||||
Inc. | 4.080% | 12/15/47 | 9,850 | 10,013 |
Boardwalk Pipelines LP | 5.750% | 9/15/19 | 50 | 52 |
Boardwalk Pipelines LP | 3.375% | 2/1/23 | 3,425 | 3,389 |
Boardwalk Pipelines LP | 4.950% | 12/15/24 | 8,250 | 8,745 |
Boardwalk Pipelines LP | 5.950% | 6/1/26 | 12,160 | 13,550 |
Boardwalk Pipelines LP | 4.450% | 7/15/27 | 8,500 | 8,622 |
BP Capital Markets plc | 4.750% | 3/10/19 | 12,410 | 12,794 |
BP Capital Markets plc | 1.676% | 5/3/19 | 2,200 | 2,189 |
BP Capital Markets plc | 2.237% | 5/10/19 | 33,246 | 33,296 |
BP Capital Markets plc | 1.768% | 9/19/19 | 5,200 | 5,162 |
BP Capital Markets plc | 2.315% | 2/13/20 | 16,368 | 16,413 |
BP Capital Markets plc | 4.742% | 3/11/21 | 17,428 | 18,654 |
BP Capital Markets plc | 2.112% | 9/16/21 | 9,339 | 9,216 |
BP Capital Markets plc | 3.561% | 11/1/21 | 14,930 | 15,496 |
BP Capital Markets plc | 3.062% | 3/17/22 | 4,075 | 4,158 |
BP Capital Markets plc | 3.245% | 5/6/22 | 20,261 | 20,807 |
BP Capital Markets plc | 2.520% | 9/19/22 | 7,950 | 7,917 |
BP Capital Markets plc | 2.500% | 11/6/22 | 14,382 | 14,288 |
BP Capital Markets plc | 2.750% | 5/10/23 | 24,150 | 24,204 |
BP Capital Markets plc | 3.994% | 9/26/23 | 5,800 | 6,160 |
BP Capital Markets plc | 3.216% | 11/28/23 | 15,800 | 16,134 |
BP Capital Markets plc | 3.814% | 2/10/24 | 5,972 | 6,284 |
BP Capital Markets plc | 3.224% | 4/14/24 | 200 | 204 |
BP Capital Markets plc | 3.535% | 11/4/24 | 23,595 | 24,526 |
BP Capital Markets plc | 3.506% | 3/17/25 | 14,377 | 14,878 |
BP Capital Markets plc | 3.119% | 5/4/26 | 6,507 | 6,554 |
BP Capital Markets plc | 3.017% | 1/16/27 | 3,620 | 3,573 |
BP Capital Markets plc | 3.279% | 9/19/27 | 17,675 | 17,843 |
BP Capital Markets plc | 3.723% | 11/28/28 | 13,680 | 14,264 |
Buckeye Partners LP | 2.650% | 11/15/18 | 6,900 | 6,913 |
Buckeye Partners LP | 4.875% | 2/1/21 | 150 | 157 |
Buckeye Partners LP | 4.150% | 7/1/23 | 4,175 | 4,325 |
Buckeye Partners LP | 4.350% | 10/15/24 | 400 | 410 |
Buckeye Partners LP | 3.950% | 12/1/26 | 8,200 | 8,010 |
Buckeye Partners LP | 4.125% | 12/1/27 | 3,100 | 3,064 |
Buckeye Partners LP | 5.850% | 11/15/43 | 6,300 | 6,791 |
Buckeye Partners LP | 5.600% | 10/15/44 | 1,725 | 1,798 |
Burlington Resources Finance Co. | 7.200% | 8/15/31 | 1,100 | 1,501 |
Burlington Resources Finance Co. | 7.400% | 12/1/31 | 5,150 | 7,177 |
Canadian Natural Resources Ltd. | 3.450% | 11/15/21 | 5,663 | 5,800 |
Canadian Natural Resources Ltd. | 2.950% | 1/15/23 | 13,630 | 13,551 |
Canadian Natural Resources Ltd. | 3.800% | 4/15/24 | 4,823 | 4,949 |
Canadian Natural Resources Ltd. | 3.900% | 2/1/25 | 140 | 143 |
84
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Canadian Natural Resources Ltd. | 3.850% | 6/1/27 | 13,866 | 14,158 |
Canadian Natural Resources Ltd. | 7.200% | 1/15/32 | 5,393 | 6,841 |
Canadian Natural Resources Ltd. | 6.450% | 6/30/33 | 5,865 | 7,150 |
Canadian Natural Resources Ltd. | 5.850% | 2/1/35 | 3,445 | 4,048 |
Canadian Natural Resources Ltd. | 6.500% | 2/15/37 | 6,897 | 8,588 |
Canadian Natural Resources Ltd. | 6.250% | 3/15/38 | 10,964 | 13,670 |
Canadian Natural Resources Ltd. | 6.750% | 2/1/39 | 4,454 | 5,706 |
Canadian Natural Resources Ltd. | 4.950% | 6/1/47 | 5,950 | 6,588 |
Cenovus Energy Inc. | 5.700% | 10/15/19 | 15,625 | 16,426 |
Cenovus Energy Inc. | 3.000% | 8/15/22 | 7,000 | 6,939 |
Cenovus Energy Inc. | 3.800% | 9/15/23 | 16,850 | 17,208 |
Cenovus Energy Inc. | 4.250% | 4/15/27 | 11,125 | 11,042 |
Cenovus Energy Inc. | 5.250% | 6/15/37 | 10,400 | 10,660 |
Cenovus Energy Inc. | 6.750% | 11/15/39 | 12,451 | 14,863 |
Cenovus Energy Inc. | 4.450% | 9/15/42 | 1,414 | 1,301 |
Cenovus Energy Inc. | 5.200% | 9/15/43 | 7,405 | 7,442 |
Cenovus Energy Inc. | 5.400% | 6/15/47 | 17,325 | 18,105 |
Chevron Corp. | 1.790% | 11/16/18 | 11,300 | 11,286 |
Chevron Corp. | 1.686% | 2/28/19 | 6,000 | 5,980 |
Chevron Corp. | 4.950% | 3/3/19 | 21,150 | 21,842 |
Chevron Corp. | 1.561% | 5/16/19 | 16,250 | 16,147 |
Chevron Corp. | 2.193% | 11/15/19 | 13,000 | 13,024 |
Chevron Corp. | 1.961% | 3/3/20 | 20,893 | 20,810 |
Chevron Corp. | 1.991% | 3/3/20 | 6,395 | 6,354 |
Chevron Corp. | 2.427% | 6/24/20 | 7,092 | 7,131 |
Chevron Corp. | 2.419% | 11/17/20 | 11,224 | 11,273 |
Chevron Corp. | 2.100% | 5/16/21 | 17,940 | 17,798 |
Chevron Corp. | 2.411% | 3/3/22 | 8,835 | 8,809 |
Chevron Corp. | 2.498% | 3/3/22 | 7,340 | 7,347 |
Chevron Corp. | 2.355% | 12/5/22 | 17,691 | 17,553 |
Chevron Corp. | 3.191% | 6/24/23 | 17,240 | 17,673 |
Chevron Corp. | 2.895% | 3/3/24 | 12,895 | 12,982 |
Chevron Corp. | 3.326% | 11/17/25 | 1,200 | 1,238 |
Chevron Corp. | 2.954% | 5/16/26 | 21,000 | 20,937 |
Cimarex Energy Co. | 4.375% | 6/1/24 | 13,700 | 14,541 |
Cimarex Energy Co. | 3.900% | 5/15/27 | 17,596 | 17,983 |
Columbia Pipeline Group Inc. | 3.300% | 6/1/20 | 1,535 | 1,553 |
Columbia Pipeline Group Inc. | 4.500% | 6/1/25 | 16,375 | 17,441 |
Columbia Pipeline Group Inc. | 5.800% | 6/1/45 | 5,875 | 7,282 |
Concho Resources Inc. | 3.750% | 10/1/27 | 11,900 | 12,019 |
Concho Resources Inc. | 4.875% | 10/1/47 | 4,500 | 4,916 |
ConocoPhillips | 5.900% | 10/15/32 | 12,526 | 15,488 |
ConocoPhillips | 5.900% | 5/15/38 | 4,712 | 6,191 |
ConocoPhillips | 6.500% | 2/1/39 | 18,107 | 25,339 |
ConocoPhillips Canada Funding Co. I | 5.950% | 10/15/36 | 5,270 | 6,727 |
ConocoPhillips Co. | 2.200% | 5/15/20 | 1,175 | 1,171 |
ConocoPhillips Co. | 4.200% | 3/15/21 | 9,160 | 9,585 |
ConocoPhillips Co. | 2.875% | 11/15/21 | 13,468 | 13,569 |
ConocoPhillips Co. | 2.400% | 12/15/22 | 11,655 | 11,497 |
ConocoPhillips Co. | 3.350% | 11/15/24 | 5,081 | 5,224 |
ConocoPhillips Co. | 3.350% | 5/15/25 | 250 | 256 |
ConocoPhillips Co. | 4.950% | 3/15/26 | 24,854 | 28,209 |
ConocoPhillips Co. | 4.150% | 11/15/34 | 23,371 | 24,792 |
ConocoPhillips Co. | 4.300% | 11/15/44 | 6,162 | 6,718 |
ConocoPhillips Co. | 5.950% | 3/15/46 | 7,024 | 9,474 |
ConocoPhillips Holding Co. | 6.950% | 4/15/29 | 8,459 | 11,072 |
Devon Energy Corp. | 4.000% | 7/15/21 | 5,365 | 5,585 |
Devon Energy Corp. | 3.250% | 5/15/22 | 19,197 | 19,530 |
Devon Energy Corp. | 5.850% | 12/15/25 | 2,200 | 2,565 |
Devon Energy Corp. | 7.950% | 4/15/32 | 6,430 | 8,786 |
Devon Energy Corp. | 5.600% | 7/15/41 | 11,274 | 13,257 |
Devon Energy Corp. | 4.750% | 5/15/42 | 10,951 | 11,650 |
Devon Energy Corp. | 5.000% | 6/15/45 | 8,498 | 9,446 |
Devon Financing Co. LLC | 7.875% | 9/30/31 | 15,336 | 21,028 |
85
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Dominion Energy Gas Holdings LLC | 2.800% | 11/15/20 | 5,250 | 5,289 |
Dominion Energy Gas Holdings LLC | 3.550% | 11/1/23 | 13,725 | 13,887 |
Dominion Energy Gas Holdings LLC | 3.600% | 12/15/24 | 7,650 | 7,813 |
Dominion Energy Gas Holdings LLC | 4.800% | 11/1/43 | 5,650 | 6,263 |
Dominion Energy Gas Holdings LLC | 4.600% | 12/15/44 | 4,975 | 5,435 |
Enable Midstream Partners LP | 2.400% | 5/15/19 | 4,000 | 3,978 |
Enable Midstream Partners LP | 3.900% | 5/15/24 | 9,994 | 10,002 |
Enable Midstream Partners LP | 4.400% | 3/15/27 | 10,950 | 11,153 |
Enable Midstream Partners LP | 5.000% | 5/15/44 | 1,225 | 1,203 |
Enbridge Energy Partners LP | 9.875% | 3/1/19 | 8,235 | 8,880 |
Enbridge Energy Partners LP | 4.375% | 10/15/20 | 1,480 | 1,544 |
Enbridge Energy Partners LP | 4.200% | 9/15/21 | 478 | 497 |
Enbridge Energy Partners LP | 5.875% | 10/15/25 | 3,300 | 3,730 |
Enbridge Energy Partners LP | 7.500% | 4/15/38 | 11,285 | 14,625 |
Enbridge Energy Partners LP | 5.500% | 9/15/40 | 8,270 | 9,072 |
Enbridge Energy Partners LP | 7.375% | 10/15/45 | 4,116 | 5,473 |
Enbridge Inc. | 2.900% | 7/15/22 | 6,500 | 6,447 |
Enbridge Inc. | 4.250% | 12/1/26 | 12,450 | 12,990 |
Enbridge Inc. | 3.700% | 7/15/27 | 10,900 | 10,922 |
Enbridge Inc. | 4.500% | 6/10/44 | 4,200 | 4,329 |
Enbridge Inc. | 5.500% | 12/1/46 | 10,350 | 12,445 |
Encana Corp. | 6.500% | 5/15/19 | 5,525 | 5,802 |
Encana Corp. | 3.900% | 11/15/21 | 6,892 | 7,085 |
Encana Corp. | 8.125% | 9/15/30 | 1,300 | 1,754 |
Encana Corp. | 6.500% | 8/15/34 | 17,868 | 22,104 |
Encana Corp. | 6.625% | 8/15/37 | 1,198 | 1,519 |
Encana Corp. | 6.500% | 2/1/38 | 10,300 | 12,951 |
Energy Transfer LP | 9.000% | 4/15/19 | 21,088 | 22,753 |
Energy Transfer LP | 4.150% | 10/1/20 | 8,051 | 8,306 |
Energy Transfer LP | 4.650% | 6/1/21 | 4,800 | 5,030 |
Energy Transfer LP | 5.200% | 2/1/22 | 6,466 | 6,892 |
Energy Transfer LP | 3.600% | 2/1/23 | 24,931 | 24,994 |
Energy Transfer LP | 4.900% | 2/1/24 | 1,620 | 1,707 |
Energy Transfer LP | 4.050% | 3/15/25 | 12,075 | 12,064 |
Energy Transfer LP | 4.750% | 1/15/26 | 14,500 | 15,054 |
Energy Transfer LP | 4.200% | 4/15/27 | 5,700 | 5,633 |
Energy Transfer LP | 8.250% | 11/15/29 | 10 | 13 |
Energy Transfer LP | 4.900% | 3/15/35 | 4,195 | 4,131 |
Energy Transfer LP | 6.625% | 10/15/36 | 3,495 | 4,004 |
Energy Transfer LP | 7.500% | 7/1/38 | 7,457 | 9,242 |
Energy Transfer LP | 6.050% | 6/1/41 | 4,450 | 4,731 |
Energy Transfer LP | 6.500% | 2/1/42 | 16,219 | 18,314 |
Energy Transfer LP | 5.150% | 2/1/43 | 1,524 | 1,473 |
Energy Transfer LP | 5.950% | 10/1/43 | 4,685 | 4,971 |
Energy Transfer LP | 5.150% | 3/15/45 | 3,978 | 3,851 |
Energy Transfer LP | 6.125% | 12/15/45 | 11,050 | 11,958 |
Energy Transfer LP | 5.300% | 4/15/47 | 5,655 | 5,602 |
EnLink Midstream Partners LP | 2.700% | 4/1/19 | 750 | 749 |
EnLink Midstream Partners LP | 4.400% | 4/1/24 | 16,575 | 17,037 |
EnLink Midstream Partners LP | 4.150% | 6/1/25 | 5,299 | 5,347 |
EnLink Midstream Partners LP | 4.850% | 7/15/26 | 11,150 | 11,673 |
EnLink Midstream Partners LP | 5.600% | 4/1/44 | 6,520 | 6,865 |
EnLink Midstream Partners LP | 5.450% | 6/1/47 | 3,000 | 3,156 |
Enterprise Products Operating LLC | 6.500% | 1/31/19 | 9,494 | 9,911 |
Enterprise Products Operating LLC | 2.550% | 10/15/19 | 11,285 | 11,319 |
Enterprise Products Operating LLC | 5.250% | 1/31/20 | 895 | 942 |
Enterprise Products Operating LLC | 5.200% | 9/1/20 | 3,258 | 3,471 |
Enterprise Products Operating LLC | 2.850% | 4/15/21 | 1,010 | 1,018 |
Enterprise Products Operating LLC | 4.050% | 2/15/22 | 475 | 498 |
Enterprise Products Operating LLC | 3.350% | 3/15/23 | 11,461 | 11,678 |
Enterprise Products Operating LLC | 3.900% | 2/15/24 | 18,781 | 19,587 |
Enterprise Products Operating LLC | 3.750% | 2/15/25 | 16,798 | 17,290 |
Enterprise Products Operating LLC | 3.700% | 2/15/26 | 4,596 | 4,698 |
Enterprise Products Operating LLC | 3.950% | 2/15/27 | 4,250 | 4,424 |
86
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Enterprise Products Operating LLC | 6.875% | 3/1/33 | 5,493 | 7,155 |
Enterprise Products Operating LLC | 6.650% | 10/15/34 | 1,485 | 1,913 |
Enterprise Products Operating LLC | 7.550% | 4/15/38 | 2,994 | 4,209 |
Enterprise Products Operating LLC | 6.125% | 10/15/39 | 5,335 | 6,682 |
Enterprise Products Operating LLC | 6.450% | 9/1/40 | 743 | 969 |
Enterprise Products Operating LLC | 5.950% | 2/1/41 | 5,421 | 6,691 |
Enterprise Products Operating LLC | 5.700% | 2/15/42 | 6,995 | 8,609 |
Enterprise Products Operating LLC | 4.850% | 8/15/42 | 8,090 | 8,835 |
Enterprise Products Operating LLC | 4.450% | 2/15/43 | 19,042 | 19,646 |
Enterprise Products Operating LLC | 4.850% | 3/15/44 | 24,075 | 26,411 |
Enterprise Products Operating LLC | 5.100% | 2/15/45 | 2,042 | 2,319 |
Enterprise Products Operating LLC | 4.900% | 5/15/46 | 16,845 | 18,630 |
Enterprise Products Operating LLC | 4.950% | 10/15/54 | 4,320 | 4,706 |
5 Enterprise Products Operating LLC | 5.250% | 8/16/77 | 3,075 | 3,045 |
EOG Resources Inc. | 5.625% | 6/1/19 | 1,006 | 1,052 |
EOG Resources Inc. | 2.450% | 4/1/20 | 70 | 70 |
EOG Resources Inc. | 4.400% | 6/1/20 | 9,220 | 9,616 |
EOG Resources Inc. | 4.100% | 2/1/21 | 9,535 | 9,948 |
EOG Resources Inc. | 2.625% | 3/15/23 | 16,428 | 16,199 |
EOG Resources Inc. | 3.150% | 4/1/25 | 7,750 | 7,703 |
EOG Resources Inc. | 4.150% | 1/15/26 | 4,300 | 4,561 |
EOG Resources Inc. | 3.900% | 4/1/35 | 4,976 | 5,106 |
EQT Corp. | 8.125% | 6/1/19 | 4,400 | 4,741 |
EQT Corp. | 2.500% | 10/1/20 | 2,850 | 2,828 |
EQT Corp. | 4.875% | 11/15/21 | 6,500 | 6,936 |
EQT Corp. | 3.000% | 10/1/22 | 4,275 | 4,218 |
EQT Corp. | 3.900% | 10/1/27 | 11,275 | 11,180 |
EQT Midstream Partners LP | 4.000% | 8/1/24 | 3,210 | 3,216 |
EQT Midstream Partners LP | 4.125% | 12/1/26 | 4,800 | 4,779 |
Exxon Mobil Corp. | 1.819% | 3/15/19 | 2,628 | 2,621 |
Exxon Mobil Corp. | 1.912% | 3/6/20 | 8,781 | 8,740 |
Exxon Mobil Corp. | 2.222% | 3/1/21 | 24,195 | 24,150 |
Exxon Mobil Corp. | 2.397% | 3/6/22 | 28,653 | 28,645 |
Exxon Mobil Corp. | 2.726% | 3/1/23 | 29,450 | 29,630 |
Exxon Mobil Corp. | 2.709% | 3/6/25 | 19,154 | 19,040 |
Exxon Mobil Corp. | 3.043% | 3/1/26 | 12,743 | 12,939 |
Exxon Mobil Corp. | 3.567% | 3/6/45 | 8,825 | 8,876 |
Exxon Mobil Corp. | 4.114% | 3/1/46 | 22,200 | 24,673 |
Halliburton Co. | 3.500% | 8/1/23 | 4,442 | 4,559 |
Halliburton Co. | 3.800% | 11/15/25 | 44,950 | 46,607 |
Halliburton Co. | 4.850% | 11/15/35 | 14,566 | 16,328 |
Halliburton Co. | 6.700% | 9/15/38 | 10,140 | 13,532 |
Halliburton Co. | 7.450% | 9/15/39 | 4,984 | 7,128 |
Halliburton Co. | 4.500% | 11/15/41 | 4,371 | 4,605 |
Halliburton Co. | 4.750% | 8/1/43 | 9,500 | 10,372 |
Halliburton Co. | 5.000% | 11/15/45 | 20,125 | 23,068 |
Helmerich & Payne International Drilling Co. | 4.650% | 3/15/25 | 3,500 | 3,677 |
Hess Corp. | 3.500% | 7/15/24 | 5,050 | 4,982 |
Hess Corp. | 4.300% | 4/1/27 | 7,600 | 7,614 |
Hess Corp. | 7.875% | 10/1/29 | 5,983 | 7,385 |
Hess Corp. | 7.300% | 8/15/31 | 4,428 | 5,334 |
Hess Corp. | 7.125% | 3/15/33 | 4,642 | 5,615 |
Hess Corp. | 6.000% | 1/15/40 | 16,051 | 17,582 |
Hess Corp. | 5.600% | 2/15/41 | 12,813 | 13,798 |
Hess Corp. | 5.800% | 4/1/47 | 6,500 | 7,194 |
HollyFrontier Corp. | 5.875% | 4/1/26 | 2,520 | 2,805 |
Husky Energy Inc. | 6.150% | 6/15/19 | 650 | 682 |
Husky Energy Inc. | 7.250% | 12/15/19 | 6,216 | 6,746 |
Husky Energy Inc. | 3.950% | 4/15/22 | 12,571 | 13,015 |
Husky Energy Inc. | 4.000% | 4/15/24 | 15,363 | 15,918 |
Husky Energy Inc. | 6.800% | 9/15/37 | 2,716 | 3,525 |
Kerr-McGee Corp. | 6.950% | 7/1/24 | 9,295 | 10,958 |
Kerr-McGee Corp. | 7.875% | 9/15/31 | 3,124 | 4,131 |
Kinder Morgan Energy Partners LP | 2.650% | 2/1/19 | 25,275 | 25,285 |
87
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Kinder Morgan Energy Partners LP | 6.850% | 2/15/20 | 5,358 | 5,808 |
Kinder Morgan Energy Partners LP | 6.500% | 4/1/20 | 2,200 | 2,371 |
Kinder Morgan Energy Partners LP | 3.500% | 3/1/21 | 7,535 | 7,678 |
Kinder Morgan Energy Partners LP | 5.800% | 3/1/21 | 5,985 | 6,488 |
Kinder Morgan Energy Partners LP | 5.000% | 10/1/21 | 12,450 | 13,264 |
Kinder Morgan Energy Partners LP | 4.150% | 3/1/22 | 6,125 | 6,341 |
Kinder Morgan Energy Partners LP | 3.950% | 9/1/22 | 8,400 | 8,625 |
Kinder Morgan Energy Partners LP | 3.450% | 2/15/23 | 6,880 | 6,910 |
Kinder Morgan Energy Partners LP | 3.500% | 9/1/23 | 13,399 | 13,389 |
Kinder Morgan Energy Partners LP | 4.150% | 2/1/24 | 450 | 466 |
Kinder Morgan Energy Partners LP | 4.300% | 5/1/24 | 16,470 | 17,141 |
Kinder Morgan Energy Partners LP | 4.250% | 9/1/24 | 1,770 | 1,832 |
Kinder Morgan Energy Partners LP | 7.400% | 3/15/31 | 135 | 165 |
Kinder Morgan Energy Partners LP | 7.300% | 8/15/33 | 2,694 | 3,352 |
Kinder Morgan Energy Partners LP | 5.800% | 3/15/35 | 4,749 | 5,269 |
Kinder Morgan Energy Partners LP | 6.500% | 2/1/37 | 22,141 | 25,851 |
Kinder Morgan Energy Partners LP | 6.950% | 1/15/38 | 4,614 | 5,755 |
Kinder Morgan Energy Partners LP | 6.500% | 9/1/39 | 5,995 | 7,058 |
Kinder Morgan Energy Partners LP | 6.550% | 9/15/40 | 6,025 | 7,106 |
Kinder Morgan Energy Partners LP | 7.500% | 11/15/40 | 6,381 | 8,124 |
Kinder Morgan Energy Partners LP | 5.625% | 9/1/41 | 12,217 | 12,998 |
Kinder Morgan Energy Partners LP | 5.000% | 8/15/42 | 2,095 | 2,130 |
Kinder Morgan Energy Partners LP | 4.700% | 11/1/42 | 11,474 | 11,124 |
Kinder Morgan Energy Partners LP | 5.000% | 3/1/43 | 3,391 | 3,418 |
Kinder Morgan Energy Partners LP | 5.500% | 3/1/44 | 11,077 | 11,840 |
Kinder Morgan Energy Partners LP | 5.400% | 9/1/44 | 1,759 | 1,841 |
Kinder Morgan Inc. | 3.050% | 12/1/19 | 11,183 | 11,232 |
Kinder Morgan Inc. | 3.150% | 1/15/23 | 2,890 | 2,863 |
Kinder Morgan Inc. | 4.300% | 6/1/25 | 11,625 | 12,100 |
Kinder Morgan Inc. | 7.800% | 8/1/31 | 4,350 | 5,608 |
Kinder Morgan Inc. | 7.750% | 1/15/32 | 9,603 | 12,352 |
Kinder Morgan Inc. | 5.300% | 12/1/34 | 12,270 | 13,028 |
Kinder Morgan Inc. | 5.550% | 6/1/45 | 23,414 | 25,494 |
Kinder Morgan Inc. | 5.050% | 2/15/46 | 150 | 156 |
Magellan Midstream Partners LP | 6.550% | 7/15/19 | 9,765 | 10,342 |
Magellan Midstream Partners LP | 4.250% | 2/1/21 | 3,945 | 4,111 |
Magellan Midstream Partners LP | 5.000% | 3/1/26 | 8,350 | 9,286 |
Magellan Midstream Partners LP | 5.150% | 10/15/43 | 176 | 198 |
Magellan Midstream Partners LP | 4.250% | 9/15/46 | 4,150 | 4,224 |
Magellan Midstream Partners LP | 4.200% | 10/3/47 | 8,450 | 8,530 |
Marathon Oil Corp. | 2.700% | 6/1/20 | 6,761 | 6,756 |
Marathon Oil Corp. | 2.800% | 11/1/22 | 18,041 | 17,772 |
Marathon Oil Corp. | 3.850% | 6/1/25 | 11,125 | 11,294 |
Marathon Oil Corp. | 4.400% | 7/15/27 | 5,952 | 6,219 |
Marathon Oil Corp. | 6.800% | 3/15/32 | 7,393 | 8,941 |
Marathon Oil Corp. | 6.600% | 10/1/37 | 5,788 | 7,224 |
Marathon Oil Corp. | 5.200% | 6/1/45 | 9,975 | 10,962 |
Marathon Petroleum Corp. | 3.400% | 12/15/20 | 5,725 | 5,849 |
Marathon Petroleum Corp. | 5.125% | 3/1/21 | 11,967 | 12,812 |
Marathon Petroleum Corp. | 3.625% | 9/15/24 | 7,375 | 7,516 |
Marathon Petroleum Corp. | 6.500% | 3/1/41 | 12,790 | 16,010 |
Marathon Petroleum Corp. | 4.750% | 9/15/44 | 2,127 | 2,181 |
Marathon Petroleum Corp. | 5.850% | 12/15/45 | 1,459 | 1,680 |
Marathon Petroleum Corp. | 5.000% | 9/15/54 | 3,252 | 3,294 |
MPLX LP | 5.500% | 2/15/23 | 5 | 5 |
MPLX LP | 4.500% | 7/15/23 | 22,232 | 23,457 |
MPLX LP | 4.875% | 12/1/24 | 30,410 | 32,663 |
MPLX LP | 4.000% | 2/15/25 | 3,700 | 3,770 |
MPLX LP | 4.875% | 6/1/25 | 3,473 | 3,718 |
MPLX LP | 4.125% | 3/1/27 | 12,800 | 13,065 |
MPLX LP | 5.200% | 3/1/47 | 6,400 | 6,972 |
Nabors Industries Inc. | 6.150% | 2/15/18 | 14,369 | 14,416 |
Nabors Industries Inc. | 9.250% | 1/15/19 | 2,450 | 2,594 |
National Fuel Gas Co. | 4.900% | 12/1/21 | 1,062 | 1,114 |
88
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
National Fuel Gas Co. | 3.750% | 3/1/23 | 3,660 | 3,685 |
National Fuel Gas Co. | 5.200% | 7/15/25 | 1,200 | 1,284 |
National Fuel Gas Co. | 3.950% | 9/15/27 | 2,500 | 2,483 |
National Oilwell Varco Inc. | 2.600% | 12/1/22 | 26,391 | 25,776 |
National Oilwell Varco Inc. | 3.950% | 12/1/42 | 8,373 | 7,386 |
Noble Energy Inc. | 5.625% | 5/1/21 | 53 | 54 |
Noble Energy Inc. | 4.150% | 12/15/21 | 11,224 | 11,711 |
Noble Energy Inc. | 3.900% | 11/15/24 | 3,850 | 3,956 |
Noble Energy Inc. | 3.850% | 1/15/28 | 7,025 | 7,046 |
Noble Energy Inc. | 6.000% | 3/1/41 | 15,743 | 18,653 |
Noble Energy Inc. | 5.250% | 11/15/43 | 8,127 | 8,844 |
Noble Energy Inc. | 5.050% | 11/15/44 | 2,900 | 3,098 |
Noble Energy Inc. | 4.950% | 8/15/47 | 6,300 | 6,672 |
Occidental Petroleum Corp. | 4.100% | 2/1/21 | 23,816 | 24,868 |
Occidental Petroleum Corp. | 3.125% | 2/15/22 | 6,990 | 7,156 |
Occidental Petroleum Corp. | 2.700% | 2/15/23 | 10,278 | 10,246 |
Occidental Petroleum Corp. | 3.500% | 6/15/25 | 4,470 | 4,617 |
Occidental Petroleum Corp. | 3.400% | 4/15/26 | 9,309 | 9,549 |
Occidental Petroleum Corp. | 4.625% | 6/15/45 | 8,056 | 9,074 |
Occidental Petroleum Corp. | 4.400% | 4/15/46 | 14,853 | 16,392 |
Occidental Petroleum Corp. | 4.100% | 2/15/47 | 5,800 | 6,165 |
Oceaneering International Inc. | 4.650% | 11/15/24 | 7,326 | 7,135 |
ONEOK Inc. | 7.500% | 9/1/23 | 7,900 | 9,400 |
ONEOK Inc. | 4.000% | 7/13/27 | 2,800 | 2,843 |
ONEOK Inc. | 6.000% | 6/15/35 | 1,000 | 1,151 |
ONEOK Inc. | 4.950% | 7/13/47 | 10,925 | 11,370 |
ONEOK Partners LP | 8.625% | 3/1/19 | 10,450 | 11,158 |
ONEOK Partners LP | 3.375% | 10/1/22 | 12,987 | 13,083 |
ONEOK Partners LP | 4.900% | 3/15/25 | 6,969 | 7,484 |
ONEOK Partners LP | 6.650% | 10/1/36 | 14,169 | 17,396 |
ONEOK Partners LP | 6.850% | 10/15/37 | 6,550 | 8,219 |
ONEOK Partners LP | 6.125% | 2/1/41 | 4,795 | 5,577 |
Petro-Canada | 5.350% | 7/15/33 | 4,725 | 5,558 |
Petro-Canada | 5.950% | 5/15/35 | 8,430 | 10,615 |
Petro-Canada | 6.800% | 5/15/38 | 8,838 | 12,120 |
Phillips 66 | 4.300% | 4/1/22 | 14,510 | 15,324 |
Phillips 66 | 4.650% | 11/15/34 | 4,994 | 5,464 |
Phillips 66 | 5.875% | 5/1/42 | 14,336 | 18,273 |
Phillips 66 | 4.875% | 11/15/44 | 25,681 | 29,252 |
Phillips 66 Partners LP | 2.646% | 2/15/20 | 1,942 | 1,938 |
Phillips 66 Partners LP | 3.605% | 2/15/25 | 8,008 | 8,053 |
Phillips 66 Partners LP | 3.550% | 10/1/26 | 1,600 | 1,582 |
Phillips 66 Partners LP | 3.750% | 3/1/28 | 3,300 | 3,288 |
Phillips 66 Partners LP | 4.680% | 2/15/45 | 5,050 | 5,181 |
Phillips 66 Partners LP | 4.900% | 10/1/46 | 4,700 | 4,952 |
Pioneer Natural Resources Co. | 3.450% | 1/15/21 | 3,100 | 3,172 |
Pioneer Natural Resources Co. | 3.950% | 7/15/22 | 8,310 | 8,651 |
Pioneer Natural Resources Co. | 4.450% | 1/15/26 | 15,000 | 16,061 |
Plains All American Pipeline LP / PAA Finance Corp. | 2.600% | 12/15/19 | 100 | 99 |
Plains All American Pipeline LP / PAA Finance Corp. | 5.750% | 1/15/20 | 9,656 | 10,166 |
Plains All American Pipeline LP / PAA Finance Corp. | 5.000% | 2/1/21 | 3,037 | 3,184 |
Plains All American Pipeline LP / PAA Finance Corp. | 3.650% | 6/1/22 | 3,854 | 3,868 |
Plains All American Pipeline LP / PAA Finance Corp. | 2.850% | 1/31/23 | 18,103 | 17,310 |
Plains All American Pipeline LP / PAA Finance Corp. | 3.850% | 10/15/23 | 3,834 | 3,814 |
Plains All American Pipeline LP / PAA Finance Corp. | 3.600% | 11/1/24 | 22,615 | 21,967 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.650% | 10/15/25 | 3,458 | 3,555 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.500% | 12/15/26 | 7,500 | 7,636 |
Plains All American Pipeline LP / PAA Finance Corp. | 6.650% | 1/15/37 | 1,975 | 2,253 |
Plains All American Pipeline LP / PAA Finance Corp. | 5.150% | 6/1/42 | 7,525 | 7,318 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.300% | 1/31/43 | 13,247 | 11,630 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.700% | 6/15/44 | 4,310 | 4,024 |
Plains All American Pipeline LP / PAA Finance Corp. | 4.900% | 2/15/45 | 100 | 96 |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 5.750% | 9/1/20 | 162 | 173 |
89
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 5.875% | 3/1/22 | 8,910 | 9,701 |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 5.000% | 10/1/22 | 20,850 | 22,205 |
Regency Energy Partners LP / Regency Energy Finance | ||||
Corp. | 4.500% | 11/1/23 | 14,300 | 14,800 |
Repsol Oil & Gas Canada Inc. | 3.750% | 2/1/21 | 5,779 | 5,815 |
Sabine Pass Liquefaction LLC | 5.625% | 2/1/21 | 32,337 | 34,560 |
Sabine Pass Liquefaction LLC | 6.250% | 3/15/22 | 14,375 | 15,938 |
Sabine Pass Liquefaction LLC | 5.625% | 4/15/23 | 19,148 | 20,919 |
Sabine Pass Liquefaction LLC | 5.750% | 5/15/24 | 26,950 | 29,847 |
Sabine Pass Liquefaction LLC | 5.625% | 3/1/25 | 24,850 | 27,335 |
Sabine Pass Liquefaction LLC | 5.875% | 6/30/26 | 26,927 | 30,024 |
Sabine Pass Liquefaction LLC | 5.000% | 3/15/27 | 6,709 | 7,145 |
Sabine Pass Liquefaction LLC | 4.200% | 3/15/28 | 14,250 | 14,464 |
Schlumberger Investment SA | 3.650% | 12/1/23 | 13,205 | 13,856 |
Shell International Finance BV | 1.375% | 5/10/19 | 23,350 | 23,124 |
Shell International Finance BV | 1.375% | 9/12/19 | 18,200 | 17,978 |
Shell International Finance BV | 4.300% | 9/22/19 | 26,850 | 27,831 |
Shell International Finance BV | 4.375% | 3/25/20 | 7,874 | 8,241 |
Shell International Finance BV | 2.125% | 5/11/20 | 13,075 | 13,047 |
Shell International Finance BV | 2.250% | 11/10/20 | 2,540 | 2,538 |
Shell International Finance BV | 1.875% | 5/10/21 | 23,000 | 22,636 |
Shell International Finance BV | 1.750% | 9/12/21 | 13,615 | 13,281 |
Shell International Finance BV | 2.375% | 8/21/22 | 7,641 | 7,568 |
Shell International Finance BV | 2.250% | 1/6/23 | 12,453 | 12,230 |
Shell International Finance BV | 3.400% | 8/12/23 | 8,470 | 8,781 |
Shell International Finance BV | 3.250% | 5/11/25 | 19,022 | 19,543 |
Shell International Finance BV | 2.875% | 5/10/26 | 29,700 | 29,556 |
Shell International Finance BV | 2.500% | 9/12/26 | 18,075 | 17,503 |
Shell International Finance BV | 4.125% | 5/11/35 | 21,855 | 23,907 |
Shell International Finance BV | 6.375% | 12/15/38 | 25,567 | 35,737 |
Shell International Finance BV | 5.500% | 3/25/40 | 6,978 | 8,877 |
Shell International Finance BV | 3.625% | 8/21/42 | 6,400 | 6,401 |
Shell International Finance BV | 4.550% | 8/12/43 | 13,096 | 14,966 |
Shell International Finance BV | 4.375% | 5/11/45 | 29,884 | 33,591 |
Shell International Finance BV | 4.000% | 5/10/46 | 22,061 | 23,402 |
Shell International Finance BV | 3.750% | 9/12/46 | 24,732 | 25,241 |
Southern Natural Gas Co. LLC / Southern Natural | ||||
Issuing Corp. | 4.400% | 6/15/21 | 6,443 | 6,721 |
Spectra Energy Partners LP | 4.750% | 3/15/24 | 4,450 | 4,810 |
Spectra Energy Partners LP | 3.500% | 3/15/25 | 13,680 | 13,702 |
Spectra Energy Partners LP | 3.375% | 10/15/26 | 3,090 | 3,037 |
Spectra Energy Partners LP | 5.950% | 9/25/43 | 540 | 661 |
Spectra Energy Partners LP | 4.500% | 3/15/45 | 11,300 | 11,690 |
Suncor Energy Inc. | 3.600% | 12/1/24 | 1,165 | 1,192 |
Suncor Energy Inc. | 7.150% | 2/1/32 | 4,903 | 6,469 |
Suncor Energy Inc. | 5.950% | 12/1/34 | 260 | 326 |
Suncor Energy Inc. | 6.500% | 6/15/38 | 18,758 | 25,063 |
Suncor Energy Inc. | 6.850% | 6/1/39 | 1,859 | 2,575 |
Suncor Energy Inc. | 4.000% | 11/15/47 | 7,650 | 7,832 |
Sunoco Logistics Partners Operations LP | 4.400% | 4/1/21 | 22,400 | 23,287 |
Sunoco Logistics Partners Operations LP | 3.450% | 1/15/23 | 1,664 | 1,655 |
Sunoco Logistics Partners Operations LP | 4.250% | 4/1/24 | 2,050 | 2,091 |
Sunoco Logistics Partners Operations LP | 5.950% | 12/1/25 | 6,600 | 7,362 |
Sunoco Logistics Partners Operations LP | 4.000% | 10/1/27 | 8,300 | 8,149 |
Sunoco Logistics Partners Operations LP | 6.100% | 2/15/42 | 10,440 | 11,007 |
Sunoco Logistics Partners Operations LP | 4.950% | 1/15/43 | 975 | 915 |
Sunoco Logistics Partners Operations LP | 5.300% | 4/1/44 | 12,828 | 12,678 |
Sunoco Logistics Partners Operations LP | 5.350% | 5/15/45 | 6,823 | 6,761 |
Sunoco Logistics Partners Operations LP | 5.400% | 10/1/47 | 8,150 | 8,217 |
TC PipeLines LP | 3.900% | 5/25/27 | 6,600 | 6,628 |
10 TechnipFMC plc | 3.450% | 10/1/22 | 1,292 | 1,286 |
Tennessee Gas Pipeline Co. LLC | 7.000% | 3/15/27 | 1,580 | 1,877 |
90
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Tennessee Gas Pipeline Co. LLC | 7.000% | 10/15/28 | 2,220 | 2,680 |
Tennessee Gas Pipeline Co. LLC | 7.625% | 4/1/37 | 1,342 | 1,734 |
10 Texas Eastern Transmission LP | 2.800% | 10/15/22 | 165 | 163 |
Texas Eastern Transmission LP | 7.000% | 7/15/32 | 5,850 | 7,540 |
Tosco Corp. | 7.800% | 1/1/27 | 875 | 1,147 |
Tosco Corp. | 8.125% | 2/15/30 | 17,705 | 25,267 |
Total Capital Canada Ltd. | 2.750% | 7/15/23 | 22,965 | 23,065 |
Total Capital International SA | 2.125% | 1/10/19 | 13,160 | 13,167 |
Total Capital International SA | 2.100% | 6/19/19 | 16,118 | 16,122 |
Total Capital International SA | 2.750% | 6/19/21 | 26,458 | 26,760 |
Total Capital International SA | 2.875% | 2/17/22 | 6,315 | 6,390 |
Total Capital International SA | 2.700% | 1/25/23 | 8,800 | 8,815 |
Total Capital International SA | 3.700% | 1/15/24 | 20,200 | 21,266 |
Total Capital International SA | 3.750% | 4/10/24 | 3,485 | 3,673 |
Total Capital SA | 4.450% | 6/24/20 | 12,765 | 13,439 |
Total Capital SA | 4.125% | 1/28/21 | 8,506 | 8,954 |
TransCanada PipeLines Ltd. | 7.125% | 1/15/19 | 1,150 | 1,208 |
TransCanada PipeLines Ltd. | 2.125% | 11/15/19 | 7,400 | 7,377 |
TransCanada PipeLines Ltd. | 3.800% | 10/1/20 | 14,955 | 15,496 |
TransCanada PipeLines Ltd. | 2.500% | 8/1/22 | 11,655 | 11,558 |
TransCanada PipeLines Ltd. | 3.750% | 10/16/23 | 1,500 | 1,569 |
TransCanada PipeLines Ltd. | 4.875% | 1/15/26 | 18,277 | 20,493 |
TransCanada PipeLines Ltd. | 4.625% | 3/1/34 | 8,686 | 9,697 |
TransCanada PipeLines Ltd. | 5.600% | 3/31/34 | 2,755 | 3,361 |
TransCanada PipeLines Ltd. | 5.850% | 3/15/36 | 14,260 | 17,872 |
TransCanada PipeLines Ltd. | 6.200% | 10/15/37 | 16,434 | 21,655 |
TransCanada PipeLines Ltd. | 7.250% | 8/15/38 | 5,736 | 8,343 |
TransCanada PipeLines Ltd. | 7.625% | 1/15/39 | 1,588 | 2,391 |
TransCanada PipeLines Ltd. | 5.000% | 10/16/43 | 16,250 | 19,217 |
Transcontinental Gas Pipe Line Co. LLC | 7.850% | 2/1/26 | 7,265 | 9,286 |
Transcontinental Gas Pipe Line Co. LLC | 5.400% | 8/15/41 | 618 | 731 |
Transcontinental Gas Pipe Line Co. LLC | 4.450% | 8/1/42 | 650 | 685 |
Valero Energy Corp. | 9.375% | 3/15/19 | 9,806 | 10,617 |
Valero Energy Corp. | 6.125% | 2/1/20 | 12,145 | 13,031 |
Valero Energy Corp. | 3.650% | 3/15/25 | 759 | 782 |
Valero Energy Corp. | 3.400% | 9/15/26 | 15,830 | 15,836 |
Valero Energy Corp. | 7.500% | 4/15/32 | 10,621 | 14,268 |
Valero Energy Corp. | 6.625% | 6/15/37 | 9,953 | 13,166 |
Valero Energy Corp. | 4.900% | 3/15/45 | 12,735 | 14,570 |
Valero Energy Partners LP | 4.375% | 12/15/26 | 3,650 | 3,804 |
Western Gas Partners LP | 5.375% | 6/1/21 | 4,957 | 5,231 |
Western Gas Partners LP | 4.000% | 7/1/22 | 250 | 254 |
Western Gas Partners LP | 4.650% | 7/1/26 | 2,200 | 2,285 |
Western Gas Partners LP | 5.450% | 4/1/44 | 7,400 | 7,868 |
Williams Partners LP | 5.250% | 3/15/20 | 7,350 | 7,767 |
Williams Partners LP | 4.000% | 11/15/21 | 4,425 | 4,576 |
Williams Partners LP | 3.600% | 3/15/22 | 40,785 | 41,509 |
Williams Partners LP | 3.350% | 8/15/22 | 10,425 | 10,516 |
Williams Partners LP | 4.500% | 11/15/23 | 3,950 | 4,174 |
Williams Partners LP | 4.300% | 3/4/24 | 14,623 | 15,279 |
Williams Partners LP | 3.900% | 1/15/25 | 14,971 | 15,290 |
Williams Partners LP | 4.000% | 9/15/25 | 7,875 | 8,077 |
Williams Partners LP | 3.750% | 6/15/27 | 20,124 | 20,164 |
Williams Partners LP | 6.300% | 4/15/40 | 4,215 | 5,198 |
Williams Partners LP | 5.800% | 11/15/43 | 14,705 | 17,249 |
Williams Partners LP | 5.400% | 3/4/44 | 3,400 | 3,831 |
Williams Partners LP | 4.900% | 1/15/45 | 1,520 | 1,614 |
Williams Partners LP | 5.100% | 9/15/45 | 14,975 | 16,304 |
Williams Partners LP / ACMP Finance Corp. | 4.875% | 3/15/24 | 17,868 | 18,672 |
Other Industrial (0.1%) | ||||
California Institute of Technology GO | 4.321% | 8/1/45 | 500 | 573 |
California Institute of Technology GO | 4.700% | 11/1/11 | 11,300 | 12,462 |
CBRE Services Inc. | 5.250% | 3/15/25 | 4,975 | 5,470 |
91
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
CBRE Services Inc. | 4.875% | 3/1/26 | 12,255 | 13,284 |
Cintas Corp. No 2 | 2.900% | 4/1/22 | 4,625 | 4,653 |
Cintas Corp. No 2 | 3.250% | 6/1/22 | 3,965 | 4,084 |
Cintas Corp. No 2 | 3.700% | 4/1/27 | 10,925 | 11,355 |
Fluor Corp. | 3.375% | 9/15/21 | 2,170 | 2,217 |
Fluor Corp. | 3.500% | 12/15/24 | 10,229 | 10,499 |
Howard Hughes Medical Institute Revenue | 3.500% | 9/1/23 | 8,407 | 8,684 |
5 Johns Hopkins University Maryland GO | 4.083% | 7/1/53 | 4,025 | 4,333 |
5 Massachusetts Institute of Technology GO | 3.959% | 7/1/38 | 7,975 | 8,770 |
Massachusetts Institute of Technology GO | 5.600% | 7/1/11 | 10,671 | 14,964 |
Massachusetts Institute of Technology GO | 4.678% | 7/1/14 | 5,575 | 6,509 |
Massachusetts Institute of Technology GO | 3.885% | 7/1/16 | 6,950 | 6,952 |
5 Northwestern University Illinois GO | 3.662% | 12/1/57 | 3,000 | 3,095 |
5 Northwestern University Illinois GO | 4.643% | 12/1/44 | 6,125 | 7,432 |
President & Fellows of Harvard College Massachusetts | ||||
GO | 3.619% | 10/1/37 | 2,500 | 2,658 |
President & Fellows of Harvard College Massachusetts | ||||
Revenue | 3.300% | 7/15/56 | 2,660 | 2,623 |
5 Rice University Texas GO | 3.574% | 5/15/45 | 6,160 | 6,181 |
Stanford University California GO | 3.647% | 5/1/48 | 5,019 | 5,367 |
University of Notre Dame du Lac Indiana GO | 3.394% | 2/15/48 | 4,300 | 4,325 |
5 University of Notre Dame du Lac Indiana GO | 3.438% | 2/15/45 | 7,000 | 7,066 |
University of Pennsylvania GO | 4.674% | 9/1/12 | 10,350 | 11,538 |
5 University of Southern California GO | 3.028% | 10/1/39 | 9,400 | 8,856 |
5 University of Southern California GO | 3.841% | 10/1/47 | 12,700 | 13,543 |
Yale University Connecticut GO | 2.086% | 4/15/19 | 7,865 | 7,874 |
Technology (2.4%) | ||||
Adobe Systems Inc. | 4.750% | 2/1/20 | 9,220 | 9,705 |
Adobe Systems Inc. | 3.250% | 2/1/25 | 10,725 | 10,995 |
Alphabet Inc. | 3.625% | 5/19/21 | 13,175 | 13,781 |
Altera Corp. | 4.100% | 11/15/23 | 7,030 | 7,551 |
Amphenol Corp. | 2.550% | 1/30/19 | 14,893 | 14,914 |
Amphenol Corp. | 2.200% | 4/1/20 | 3,950 | 3,928 |
Amphenol Corp. | 4.000% | 2/1/22 | 490 | 511 |
Amphenol Corp. | 3.200% | 4/1/24 | 3,650 | 3,665 |
Analog Devices Inc. | 2.500% | 12/5/21 | 5,375 | 5,330 |
Analog Devices Inc. | 2.875% | 6/1/23 | 12,650 | 12,593 |
Analog Devices Inc. | 3.125% | 12/5/23 | 8,916 | 8,954 |
Analog Devices Inc. | 3.500% | 12/5/26 | 13,525 | 13,675 |
Apple Inc. | 1.550% | 2/8/19 | 5,550 | 5,531 |
Apple Inc. | 1.700% | 2/22/19 | 900 | 898 |
Apple Inc. | 2.100% | 5/6/19 | 17,885 | 17,929 |
Apple Inc. | 1.100% | 8/2/19 | 18,175 | 17,991 |
Apple Inc. | 1.500% | 9/12/19 | 11,025 | 10,933 |
Apple Inc. | 1.800% | 11/13/19 | 11,500 | 11,453 |
Apple Inc. | 1.550% | 2/7/20 | 13,242 | 13,080 |
Apple Inc. | 1.900% | 2/7/20 | 7,925 | 7,888 |
Apple Inc. | 2.000% | 5/6/20 | 7,365 | 7,340 |
Apple Inc. | 1.800% | 5/11/20 | 9,375 | 9,283 |
Apple Inc. | 2.000% | 11/13/20 | 13,700 | 13,613 |
Apple Inc. | 2.250% | 2/23/21 | 33,131 | 33,086 |
Apple Inc. | 2.850% | 5/6/21 | 62,272 | 63,297 |
Apple Inc. | 1.550% | 8/4/21 | 19,775 | 19,191 |
Apple Inc. | 2.150% | 2/9/22 | 18,545 | 18,505 |
Apple Inc. | 2.500% | 2/9/22 | 22,070 | 22,091 |
Apple Inc. | 2.300% | 5/11/22 | 14,205 | 14,086 |
Apple Inc. | 2.700% | 5/13/22 | 26,591 | 26,803 |
Apple Inc. | 2.400% | 1/13/23 | 6,500 | 6,434 |
Apple Inc. | 2.850% | 2/23/23 | 16,253 | 16,451 |
Apple Inc. | 2.400% | 5/3/23 | 58,759 | 58,134 |
Apple Inc. | 3.000% | 2/9/24 | 7,607 | 7,694 |
Apple Inc. | 3.450% | 5/6/24 | 14,182 | 14,702 |
Apple Inc. | 2.850% | 5/11/24 | 23,699 | 23,775 |
92
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Apple Inc. | 2.750% | 1/13/25 | 12,500 | 12,401 |
Apple Inc. | 2.500% | 2/9/25 | 16,142 | 15,766 |
Apple Inc. | 3.200% | 5/13/25 | 16,110 | 16,412 |
Apple Inc. | 3.250% | 2/23/26 | 50,648 | 51,686 |
Apple Inc. | 2.450% | 8/4/26 | 22,238 | 21,360 |
Apple Inc. | 3.350% | 2/9/27 | 23,965 | 24,543 |
Apple Inc. | 3.200% | 5/11/27 | 21,210 | 21,459 |
Apple Inc. | 2.900% | 9/12/27 | 21,803 | 21,468 |
Apple Inc. | 3.000% | 11/13/27 | 15,775 | 15,689 |
Apple Inc. | 4.500% | 2/23/36 | 13,485 | 15,433 |
Apple Inc. | 3.850% | 5/4/43 | 35,025 | 36,449 |
Apple Inc. | 4.450% | 5/6/44 | 10,675 | 12,085 |
Apple Inc. | 3.450% | 2/9/45 | 12,274 | 11,991 |
Apple Inc. | 4.375% | 5/13/45 | 17,465 | 19,664 |
Apple Inc. | 4.650% | 2/23/46 | 56,276 | 65,641 |
Apple Inc. | 3.850% | 8/4/46 | 31,225 | 32,362 |
Apple Inc. | 4.250% | 2/9/47 | 3,650 | 4,038 |
Apple Inc. | 3.750% | 9/12/47 | 5,750 | 5,880 |
Apple Inc. | 3.750% | 11/13/47 | 13,125 | 13,495 |
Applied Materials Inc. | 2.625% | 10/1/20 | 5,975 | 6,038 |
Applied Materials Inc. | 4.300% | 6/15/21 | 8,087 | 8,580 |
Applied Materials Inc. | 3.900% | 10/1/25 | 17,075 | 18,136 |
Applied Materials Inc. | 3.300% | 4/1/27 | 12,775 | 12,964 |
Applied Materials Inc. | 5.100% | 10/1/35 | 4,650 | 5,597 |
Applied Materials Inc. | 5.850% | 6/15/41 | 6,561 | 8,669 |
Applied Materials Inc. | 4.350% | 4/1/47 | 10,200 | 11,490 |
Arrow Electronics Inc. | 3.500% | 4/1/22 | 4,350 | 4,404 |
Arrow Electronics Inc. | 4.500% | 3/1/23 | 2,154 | 2,253 |
Arrow Electronics Inc. | 3.250% | 9/8/24 | 5,525 | 5,409 |
Arrow Electronics Inc. | 4.000% | 4/1/25 | 3,710 | 3,784 |
Arrow Electronics Inc. | 3.875% | 1/12/28 | 6,400 | 6,363 |
Autodesk Inc. | 3.125% | 6/15/20 | 2,500 | 2,501 |
Autodesk Inc. | 3.600% | 12/15/22 | 1,675 | 1,714 |
Autodesk Inc. | 4.375% | 6/15/25 | 2,900 | 3,051 |
Autodesk Inc. | 3.500% | 6/15/27 | 5,000 | 4,915 |
Avnet Inc. | 5.875% | 6/15/20 | 120 | 128 |
Avnet Inc. | 3.750% | 12/1/21 | 1,950 | 1,977 |
Avnet Inc. | 4.875% | 12/1/22 | 4,875 | 5,131 |
Avnet Inc. | 4.625% | 4/15/26 | 8,105 | 8,416 |
Baidu Inc. | 2.750% | 6/9/19 | 11,275 | 11,292 |
Baidu Inc. | 2.875% | 7/6/22 | 10,000 | 9,892 |
Baidu Inc. | 3.500% | 11/28/22 | 8,525 | 8,667 |
Baidu Inc. | 3.625% | 7/6/27 | 8,925 | 8,812 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 2.375% | 1/15/20 | 28,775 | 28,603 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 2.200% | 1/15/21 | 9,325 | 9,122 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.000% | 1/15/22 | 36,540 | 36,286 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 2.650% | 1/15/23 | 18,400 | 17,744 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.625% | 1/15/24 | 26,470 | 26,343 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.125% | 1/15/25 | 12,150 | 11,607 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.875% | 1/15/27 | 50,610 | 49,778 |
10 Broadcom Corp. / Broadcom Cayman Finance Ltd. | 3.500% | 1/15/28 | 14,621 | 13,933 |
Broadridge Financial Solutions Inc. | 3.950% | 9/1/20 | 2,425 | 2,505 |
Broadridge Financial Solutions Inc. | 3.400% | 6/27/26 | 4,400 | 4,310 |
CA Inc. | 5.375% | 12/1/19 | 3,775 | 3,960 |
CA Inc. | 3.600% | 8/1/20 | 6,475 | 6,614 |
CA Inc. | 4.700% | 3/15/27 | 4,340 | 4,496 |
Cadence Design Systems Inc. | 4.375% | 10/15/24 | 975 | 1,026 |
Cisco Systems Inc. | 4.950% | 2/15/19 | 29,800 | 30,774 |
Cisco Systems Inc. | 1.600% | 2/28/19 | 21,375 | 21,272 |
Cisco Systems Inc. | 2.125% | 3/1/19 | 23,481 | 23,530 |
Cisco Systems Inc. | 1.400% | 9/20/19 | 325 | 321 |
Cisco Systems Inc. | 4.450% | 1/15/20 | 32,054 | 33,501 |
Cisco Systems Inc. | 2.450% | 6/15/20 | 15,900 | 15,983 |
Cisco Systems Inc. | 2.200% | 2/28/21 | 52,303 | 52,058 |
93
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Cisco Systems Inc. | 2.900% | 3/4/21 | 2,150 | 2,186 |
Cisco Systems Inc. | 1.850% | 9/20/21 | 7,970 | 7,822 |
Cisco Systems Inc. | 3.000% | 6/15/22 | 57 | 58 |
Cisco Systems Inc. | 2.600% | 2/28/23 | 2,650 | 2,652 |
Cisco Systems Inc. | 2.200% | 9/20/23 | 7,550 | 7,397 |
Cisco Systems Inc. | 3.625% | 3/4/24 | 9,050 | 9,541 |
Cisco Systems Inc. | 2.950% | 2/28/26 | 1,080 | 1,082 |
Cisco Systems Inc. | 2.500% | 9/20/26 | 8,800 | 8,528 |
Cisco Systems Inc. | 5.900% | 2/15/39 | 31,376 | 42,872 |
Cisco Systems Inc. | 5.500% | 1/15/40 | 13,049 | 17,168 |
Citrix Systems Inc. | 4.500% | 12/1/27 | 8,250 | 8,384 |
Corning Inc. | 6.625% | 5/15/19 | 3,860 | 4,078 |
Corning Inc. | 4.250% | 8/15/20 | 7,474 | 7,805 |
Corning Inc. | 2.900% | 5/15/22 | 3,675 | 3,665 |
Corning Inc. | 5.750% | 8/15/40 | 4,231 | 5,180 |
Corning Inc. | 4.375% | 11/15/57 | 7,925 | 7,795 |
10 Dell International LLC / EMC Corp. | 5.450% | 6/15/23 | 60,945 | 65,770 |
10 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 3.480% | 6/1/19 | 38,915 | 39,406 |
10 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 4.420% | 6/15/21 | 47,074 | 49,069 |
10 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 6.020% | 6/15/26 | 47,424 | 52,078 |
10 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 8.100% | 7/15/36 | 16,333 | 20,642 |
10 Diamond 1 Finance Corp. / Diamond 2 Finance Corp. | 8.350% | 7/15/46 | 21,135 | 27,203 |
DXC Technology Co. | 2.875% | 3/27/20 | 5,610 | 5,632 |
DXC Technology Co. | 4.250% | 4/15/24 | 11,595 | 12,072 |
DXC Technology Co. | 4.750% | 4/15/27 | 10,475 | 11,125 |
Enterprise Services LLC | 7.450% | 10/15/29 | 1,950 | 2,414 |
Equifax Inc. | 2.300% | 6/1/21 | 10,500 | 10,215 |
Equifax Inc. | 3.300% | 12/15/22 | 2,000 | 1,996 |
Fidelity National Information Services Inc. | 3.625% | 10/15/20 | 19,031 | 19,536 |
Fidelity National Information Services Inc. | 2.250% | 8/15/21 | 10,025 | 9,865 |
Fidelity National Information Services Inc. | 4.500% | 10/15/22 | 3,000 | 3,208 |
Fidelity National Information Services Inc. | 3.500% | 4/15/23 | 6,881 | 7,029 |
Fidelity National Information Services Inc. | 3.875% | 6/5/24 | 1,043 | 1,080 |
Fidelity National Information Services Inc. | 5.000% | 10/15/25 | 4,133 | 4,563 |
Fidelity National Information Services Inc. | 3.000% | 8/15/26 | 23,425 | 22,654 |
Fidelity National Information Services Inc. | 4.500% | 8/15/46 | 6,581 | 6,836 |
Fiserv Inc. | 2.700% | 6/1/20 | 6,040 | 6,079 |
Fiserv Inc. | 4.750% | 6/15/21 | 175 | 187 |
Fiserv Inc. | 3.500% | 10/1/22 | 8,541 | 8,791 |
Fiserv Inc. | 3.850% | 6/1/25 | 11,494 | 11,957 |
Flex Ltd. | 4.625% | 2/15/20 | 5,340 | 5,521 |
Flex Ltd. | 5.000% | 2/15/23 | 7,770 | 8,328 |
Hewlett Packard Enterprise Co. | 3.600% | 10/15/20 | 43,110 | 44,016 |
Hewlett Packard Enterprise Co. | 4.400% | 10/15/22 | 21,730 | 22,833 |
Hewlett Packard Enterprise Co. | 4.900% | 10/15/25 | 25,910 | 27,305 |
Hewlett Packard Enterprise Co. | 6.200% | 10/15/35 | 6,188 | 6,709 |
Hewlett Packard Enterprise Co. | 6.350% | 10/15/45 | 20,246 | 21,441 |
HP Inc. | 3.750% | 12/1/20 | 1,149 | 1,180 |
HP Inc. | 4.300% | 6/1/21 | 13,541 | 14,204 |
HP Inc. | 4.375% | 9/15/21 | 18,270 | 19,238 |
HP Inc. | 4.650% | 12/9/21 | 27,625 | 29,362 |
HP Inc. | 6.000% | 9/15/41 | 8,920 | 9,625 |
IBM Credit LLC | 1.625% | 9/6/19 | 15,525 | 15,421 |
IBM Credit LLC | 1.800% | 1/20/21 | 7,625 | 7,504 |
IBM Credit LLC | 2.200% | 9/8/22 | 7,950 | 7,795 |
Intel Corp. | 1.850% | 5/11/20 | 6,375 | 6,339 |
Intel Corp. | 2.450% | 7/29/20 | 23,462 | 23,620 |
Intel Corp. | 1.700% | 5/19/21 | 5,375 | 5,265 |
Intel Corp. | 3.300% | 10/1/21 | 15,976 | 16,531 |
Intel Corp. | 2.350% | 5/11/22 | 7,975 | 7,928 |
Intel Corp. | 3.100% | 7/29/22 | 14,000 | 14,364 |
Intel Corp. | 2.700% | 12/15/22 | 13,863 | 14,001 |
Intel Corp. | 2.875% | 5/11/24 | 12,700 | 12,784 |
Intel Corp. | 3.700% | 7/29/25 | 19,321 | 20,399 |
94
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Intel Corp. | 2.600% | 5/19/26 | 5,913 | 5,776 |
Intel Corp. | 3.150% | 5/11/27 | 8,780 | 8,934 |
Intel Corp. | 4.000% | 12/15/32 | 5,525 | 6,085 |
Intel Corp. | 4.800% | 10/1/41 | 7,782 | 9,343 |
Intel Corp. | 4.900% | 7/29/45 | 50 | 62 |
Intel Corp. | 4.100% | 5/19/46 | 12,875 | 14,066 |
Intel Corp. | 4.100% | 5/11/47 | 10,960 | 12,078 |
10 Intel Corp. | 3.734% | 12/8/47 | 38,512 | 40,132 |
International Business Machines Corp. | 1.950% | 2/12/19 | 15,600 | 15,584 |
International Business Machines Corp. | 1.875% | 5/15/19 | 2,090 | 2,085 |
International Business Machines Corp. | 1.800% | 5/17/19 | 3,345 | 3,335 |
International Business Machines Corp. | 8.375% | 11/1/19 | 4,791 | 5,331 |
International Business Machines Corp. | 1.900% | 1/27/20 | 15,450 | 15,382 |
International Business Machines Corp. | 1.625% | 5/15/20 | 2,400 | 2,369 |
International Business Machines Corp. | 2.250% | 2/19/21 | 15,250 | 15,179 |
International Business Machines Corp. | 2.900% | 11/1/21 | 1,300 | 1,320 |
International Business Machines Corp. | 2.500% | 1/27/22 | 9,440 | 9,446 |
International Business Machines Corp. | 1.875% | 8/1/22 | 3,300 | 3,202 |
International Business Machines Corp. | 2.875% | 11/9/22 | 25,635 | 25,843 |
International Business Machines Corp. | 3.375% | 8/1/23 | 14,275 | 14,745 |
International Business Machines Corp. | 3.625% | 2/12/24 | 21,925 | 22,890 |
International Business Machines Corp. | 7.000% | 10/30/25 | 3,815 | 4,889 |
International Business Machines Corp. | 3.450% | 2/19/26 | 13,332 | 13,777 |
International Business Machines Corp. | 3.300% | 1/27/27 | 6,600 | 6,727 |
International Business Machines Corp. | 6.220% | 8/1/27 | 5,550 | 6,921 |
International Business Machines Corp. | 6.500% | 1/15/28 | 620 | 794 |
International Business Machines Corp. | 5.600% | 11/30/39 | 9,330 | 12,151 |
International Business Machines Corp. | 4.000% | 6/20/42 | 13,152 | 13,862 |
International Business Machines Corp. | 4.700% | 2/19/46 | 7,468 | 8,775 |
Jabil Inc. | 5.625% | 12/15/20 | 2,200 | 2,347 |
Jabil Inc. | 4.700% | 9/15/22 | 400 | 421 |
Juniper Networks Inc. | 3.125% | 2/26/19 | 6,350 | 6,391 |
Juniper Networks Inc. | 3.300% | 6/15/20 | 4,000 | 4,032 |
Juniper Networks Inc. | 4.600% | 3/15/21 | 3,880 | 4,067 |
Juniper Networks Inc. | 4.500% | 3/15/24 | 2,150 | 2,235 |
Juniper Networks Inc. | 4.350% | 6/15/25 | 1,550 | 1,591 |
Juniper Networks Inc. | 5.950% | 3/15/41 | 4,521 | 5,064 |
Keysight Technologies Inc. | 3.300% | 10/30/19 | 4,540 | 4,588 |
Keysight Technologies Inc. | 4.550% | 10/30/24 | 6,075 | 6,442 |
Keysight Technologies Inc. | 4.600% | 4/6/27 | 7,000 | 7,375 |
KLA-Tencor Corp. | 3.375% | 11/1/19 | 2,615 | 2,657 |
KLA-Tencor Corp. | 4.125% | 11/1/21 | 10,535 | 10,993 |
KLA-Tencor Corp. | 4.650% | 11/1/24 | 13,249 | 14,330 |
Lam Research Corp. | 2.750% | 3/15/20 | 4,665 | 4,672 |
Lam Research Corp. | 2.800% | 6/15/21 | 8,475 | 8,521 |
Lam Research Corp. | 3.800% | 3/15/25 | 5,000 | 5,203 |
Maxim Integrated Products Inc. | 3.375% | 3/15/23 | 5,275 | 5,330 |
Maxim Integrated Products Inc. | 3.450% | 6/15/27 | 7,450 | 7,471 |
Microsoft Corp. | 4.200% | 6/1/19 | 9,520 | 9,808 |
Microsoft Corp. | 1.100% | 8/8/19 | 30,994 | 30,571 |
Microsoft Corp. | 1.850% | 2/6/20 | 15,407 | 15,248 |
Microsoft Corp. | 1.850% | 2/12/20 | 14,990 | 14,919 |
Microsoft Corp. | 3.000% | 10/1/20 | 8,305 | 8,494 |
Microsoft Corp. | 2.000% | 11/3/20 | 42,893 | 42,694 |
Microsoft Corp. | 4.000% | 2/8/21 | 5,025 | 5,284 |
Microsoft Corp. | 1.550% | 8/8/21 | 31,595 | 30,765 |
Microsoft Corp. | 2.400% | 2/6/22 | 21,400 | 21,396 |
Microsoft Corp. | 2.375% | 2/12/22 | 14,489 | 14,637 |
Microsoft Corp. | 2.650% | 11/3/22 | 13,680 | 13,801 |
Microsoft Corp. | 2.125% | 11/15/22 | 3,573 | 3,516 |
Microsoft Corp. | 2.375% | 5/1/23 | 4,110 | 4,071 |
Microsoft Corp. | 2.000% | 8/8/23 | 20,500 | 19,921 |
Microsoft Corp. | 3.625% | 12/15/23 | 3,340 | 3,514 |
Microsoft Corp. | 2.875% | 2/6/24 | 23,275 | 23,549 |
95
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Microsoft Corp. | 2.700% | 2/12/25 | 9,669 | 9,629 |
Microsoft Corp. | 3.125% | 11/3/25 | 36,492 | 37,205 |
Microsoft Corp. | 2.400% | 8/8/26 | 45,351 | 43,755 |
Microsoft Corp. | 3.300% | 2/6/27 | 41,700 | 42,975 |
Microsoft Corp. | 3.500% | 2/12/35 | 16,062 | 16,663 |
Microsoft Corp. | 4.200% | 11/3/35 | 7,110 | 8,046 |
Microsoft Corp. | 3.450% | 8/8/36 | 26,437 | 27,231 |
Microsoft Corp. | 4.100% | 2/6/37 | 28,505 | 31,828 |
Microsoft Corp. | 5.200% | 6/1/39 | 1,741 | 2,195 |
Microsoft Corp. | 4.500% | 10/1/40 | 6,382 | 7,450 |
Microsoft Corp. | 5.300% | 2/8/41 | 5,988 | 7,659 |
Microsoft Corp. | 3.500% | 11/15/42 | 12,625 | 12,785 |
Microsoft Corp. | 3.750% | 5/1/43 | 5,956 | 6,221 |
Microsoft Corp. | 4.875% | 12/15/43 | 6,762 | 8,268 |
Microsoft Corp. | 3.750% | 2/12/45 | 21,200 | 22,338 |
Microsoft Corp. | 4.450% | 11/3/45 | 35,160 | 40,974 |
Microsoft Corp. | 3.700% | 8/8/46 | 46,975 | 48,978 |
Microsoft Corp. | 4.250% | 2/6/47 | 39,875 | 45,592 |
Microsoft Corp. | 4.000% | 2/12/55 | 25,130 | 26,996 |
Microsoft Corp. | 4.750% | 11/3/55 | 11,005 | 13,625 |
Microsoft Corp. | 3.950% | 8/8/56 | 14,770 | 15,735 |
Microsoft Corp. | 4.500% | 2/6/57 | 22,370 | 26,345 |
Motorola Solutions Inc. | 3.500% | 9/1/21 | 125 | 127 |
Motorola Solutions Inc. | 3.750% | 5/15/22 | 7,886 | 8,005 |
Motorola Solutions Inc. | 3.500% | 3/1/23 | 6,375 | 6,406 |
Motorola Solutions Inc. | 4.000% | 9/1/24 | 6,701 | 6,861 |
Motorola Solutions Inc. | 7.500% | 5/15/25 | 410 | 492 |
Motorola Solutions Inc. | 5.500% | 9/1/44 | 7,203 | 7,260 |
NetApp Inc. | 2.000% | 9/27/19 | 8,000 | 7,933 |
NetApp Inc. | 3.300% | 9/29/24 | 4,450 | 4,406 |
NVIDIA Corp. | 2.200% | 9/16/21 | 10,075 | 9,974 |
NVIDIA Corp. | 3.200% | 9/16/26 | 12,900 | 12,905 |
Oracle Corp. | 2.375% | 1/15/19 | 20,375 | 20,462 |
Oracle Corp. | 5.000% | 7/8/19 | 18,174 | 18,974 |
Oracle Corp. | 2.250% | 10/8/19 | 17,023 | 17,092 |
Oracle Corp. | 3.875% | 7/15/20 | 13,365 | 13,937 |
Oracle Corp. | 2.800% | 7/8/21 | 12,430 | 12,641 |
Oracle Corp. | 1.900% | 9/15/21 | 67,863 | 66,751 |
Oracle Corp. | 2.500% | 5/15/22 | 16,020 | 16,030 |
Oracle Corp. | 2.500% | 10/15/22 | 12,093 | 12,079 |
Oracle Corp. | 2.625% | 2/15/23 | 13,125 | 13,143 |
Oracle Corp. | 3.625% | 7/15/23 | 665 | 698 |
Oracle Corp. | 2.400% | 9/15/23 | 21,863 | 21,593 |
Oracle Corp. | 3.400% | 7/8/24 | 36,835 | 38,244 |
Oracle Corp. | 2.950% | 11/15/24 | 24,420 | 24,594 |
Oracle Corp. | 2.950% | 5/15/25 | 28,213 | 28,297 |
Oracle Corp. | 2.650% | 7/15/26 | 32,450 | 31,637 |
Oracle Corp. | 3.250% | 11/15/27 | 29,361 | 29,796 |
Oracle Corp. | 3.250% | 5/15/30 | 5,245 | 5,301 |
Oracle Corp. | 4.300% | 7/8/34 | 18,720 | 20,801 |
Oracle Corp. | 3.900% | 5/15/35 | 13,872 | 14,601 |
Oracle Corp. | 3.850% | 7/15/36 | 23,480 | 24,812 |
Oracle Corp. | 3.800% | 11/15/37 | 18,908 | 19,843 |
Oracle Corp. | 6.500% | 4/15/38 | 6,970 | 9,807 |
Oracle Corp. | 6.125% | 7/8/39 | 7,903 | 10,824 |
Oracle Corp. | 5.375% | 7/15/40 | 30,298 | 38,204 |
Oracle Corp. | 4.500% | 7/8/44 | 10,335 | 11,736 |
Oracle Corp. | 4.125% | 5/15/45 | 22,850 | 24,537 |
Oracle Corp. | 4.000% | 7/15/46 | 29,735 | 31,604 |
Oracle Corp. | 4.000% | 11/15/47 | 24,475 | 26,007 |
Oracle Corp. | 4.375% | 5/15/55 | 13,452 | 14,977 |
Pitney Bowes Inc. | 6.250% | 3/15/19 | 1,700 | 1,754 |
Pitney Bowes Inc. | 3.625% | 10/1/21 | 12,050 | 11,211 |
Pitney Bowes Inc. | 4.700% | 4/1/23 | 4,365 | 4,006 |
96
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Pitney Bowes Inc. | 4.625% | 3/15/24 | 4,350 | 4,000 |
QUALCOMM Inc. | 1.850% | 5/20/19 | 13,599 | 13,550 |
QUALCOMM Inc. | 2.100% | 5/20/20 | 15,950 | 15,873 |
QUALCOMM Inc. | 2.250% | 5/20/20 | 10,250 | 10,175 |
QUALCOMM Inc. | 3.000% | 5/20/22 | 20,700 | 20,721 |
QUALCOMM Inc. | 2.600% | 1/30/23 | 16,675 | 16,236 |
QUALCOMM Inc. | 2.900% | 5/20/24 | 17,720 | 17,280 |
QUALCOMM Inc. | 3.450% | 5/20/25 | 22,626 | 22,678 |
QUALCOMM Inc. | 3.250% | 5/20/27 | 26,375 | 25,739 |
QUALCOMM Inc. | 4.650% | 5/20/35 | 10,572 | 11,380 |
QUALCOMM Inc. | 4.800% | 5/20/45 | 15,777 | 17,055 |
QUALCOMM Inc. | 4.300% | 5/20/47 | 20,750 | 20,875 |
10 Seagate HDD Cayman | 4.250% | 3/1/22 | 2,950 | 2,972 |
Seagate HDD Cayman | 4.750% | 6/1/23 | 10,000 | 10,175 |
10 Seagate HDD Cayman | 4.875% | 3/1/24 | 4,975 | 4,981 |
Seagate HDD Cayman | 4.750% | 1/1/25 | 9,725 | 9,531 |
Seagate HDD Cayman | 4.875% | 6/1/27 | 7,350 | 7,019 |
Seagate HDD Cayman | 5.750% | 12/1/34 | 5,125 | 4,932 |
Tech Data Corp. | 3.700% | 2/15/22 | 5,150 | 5,155 |
Tech Data Corp. | 4.950% | 2/15/27 | 4,900 | 5,144 |
Texas Instruments Inc. | 1.650% | 8/3/19 | 9,490 | 9,435 |
Texas Instruments Inc. | 2.750% | 3/12/21 | 6,375 | 6,458 |
Texas Instruments Inc. | 2.625% | 5/15/24 | 3,475 | 3,451 |
Texas Instruments Inc. | 2.900% | 11/3/27 | 8,100 | 8,028 |
Total System Services Inc. | 3.800% | 4/1/21 | 8,470 | 8,661 |
Total System Services Inc. | 3.750% | 6/1/23 | 2,098 | 2,134 |
Total System Services Inc. | 4.800% | 4/1/26 | 19,525 | 21,003 |
Trimble Navigation Ltd. | 4.750% | 12/1/24 | 3,800 | 4,076 |
Tyco Electronics Group SA | 2.350% | 8/1/19 | 3,926 | 3,922 |
Tyco Electronics Group SA | 3.500% | 2/3/22 | 2,200 | 2,263 |
Tyco Electronics Group SA | 3.450% | 8/1/24 | 5,125 | 5,254 |
Tyco Electronics Group SA | 3.700% | 2/15/26 | 1,000 | 1,032 |
Tyco Electronics Group SA | 3.125% | 8/15/27 | 12,675 | 12,513 |
Tyco Electronics Group SA | 7.125% | 10/1/37 | 9,625 | 13,832 |
Verisk Analytics Inc. | 5.800% | 5/1/21 | 2,150 | 2,342 |
Verisk Analytics Inc. | 4.125% | 9/12/22 | 5,414 | 5,646 |
Verisk Analytics Inc. | 4.000% | 6/15/25 | 9,175 | 9,501 |
Verisk Analytics Inc. | 5.500% | 6/15/45 | 9,025 | 10,433 |
VMware Inc. | 2.300% | 8/21/20 | 12,545 | 12,437 |
VMware Inc. | 2.950% | 8/21/22 | 15,375 | 15,345 |
VMware Inc. | 3.900% | 8/21/27 | 13,200 | 13,418 |
Xerox Corp. | 2.750% | 3/15/19 | 2,546 | 2,546 |
Xerox Corp. | 5.625% | 12/15/19 | 5,875 | 6,179 |
Xerox Corp. | 2.800% | 5/15/20 | 4,300 | 4,282 |
Xerox Corp. | 2.750% | 9/1/20 | 2,950 | 2,926 |
Xerox Corp. | 4.070% | 3/17/22 | 3,300 | 3,334 |
Xerox Corp. | 3.625% | 3/15/23 | 12,835 | 12,495 |
Xerox Corp. | 6.750% | 12/15/39 | 1,975 | 2,108 |
Xilinx Inc. | 3.000% | 3/15/21 | 10,700 | 10,783 |
Xilinx Inc. | 2.950% | 6/1/24 | 5,785 | 5,743 |
Transportation (0.6%) | ||||
5 American Airlines 2011-1 Class A Pass Through Trust | 5.250% | 7/31/22 | 791 | 833 |
5 American Airlines 2013-1 Class A Pass Through Trust | 4.000% | 1/15/27 | 973 | 1,002 |
5 American Airlines 2013-2 Class A Pass Through Trust | 4.950% | 7/15/24 | 7,404 | 7,816 |
5 American Airlines 2014-1 Class A Pass Through Trust | 3.700% | 4/1/28 | 3,032 | 3,089 |
5 American Airlines 2015-1 Class A Pass Through Trust | 3.375% | 11/1/28 | 2,570 | 2,572 |
5 American Airlines 2015-1 Class B Pass Through Trust | 3.700% | 11/1/24 | 1,986 | 1,980 |
5 American Airlines 2015-2 Class AA Pass Through Trust | 3.600% | 9/22/27 | 994 | 1,016 |
5 American Airlines 2016-1 Class A Pass Through Trust | 4.100% | 1/15/28 | 3,211 | 3,357 |
5 American Airlines 2016-1 Class AA Pass Through Trust | 3.575% | 1/15/28 | 8,089 | 8,244 |
5 American Airlines 2016-2 Class A Pass Through Trust | 3.650% | 6/15/28 | 8,911 | 9,041 |
5 American Airlines 2016-2 Class AA Pass Through Trust | 3.200% | 12/15/29 | 13,651 | 13,554 |
5 American Airlines 2016-3 Class A Pass Through Trust | 3.250% | 4/15/30 | 2,237 | 2,212 |
97
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
American Airlines 2016-3 Class AA Pass Through Trust | 3.000% | 10/15/28 | 8,946 | 8,770 |
5 American Airlines 2017-1 Class AA Pass Through Trust | 3.650% | 8/15/30 | 2,900 | 2,972 |
5 American Airlines 2017-1B Class B Pass Through Trust | 4.950% | 2/15/25 | 1,500 | 1,569 |
5 American Airlines 2017-2 Class AA Pass Through Trust | 3.350% | 10/15/29 | 2,000 | 2,011 |
Burlington Northern Santa Fe LLC | 4.700% | 10/1/19 | 500 | 520 |
Burlington Northern Santa Fe LLC | 3.600% | 9/1/20 | 5,800 | 5,971 |
Burlington Northern Santa Fe LLC | 4.100% | 6/1/21 | 700 | 733 |
Burlington Northern Santa Fe LLC | 3.450% | 9/15/21 | 9,300 | 9,575 |
Burlington Northern Santa Fe LLC | 3.050% | 3/15/22 | 2,490 | 2,534 |
Burlington Northern Santa Fe LLC | 3.050% | 9/1/22 | 6,261 | 6,355 |
Burlington Northern Santa Fe LLC | 3.000% | 3/15/23 | 7,666 | 7,809 |
Burlington Northern Santa Fe LLC | 3.850% | 9/1/23 | 5,350 | 5,638 |
Burlington Northern Santa Fe LLC | 3.750% | 4/1/24 | 5,712 | 6,043 |
Burlington Northern Santa Fe LLC | 3.400% | 9/1/24 | 5,690 | 5,905 |
Burlington Northern Santa Fe LLC | 3.000% | 4/1/25 | 17,685 | 17,806 |
Burlington Northern Santa Fe LLC | 3.650% | 9/1/25 | 6,088 | 6,381 |
Burlington Northern Santa Fe LLC | 7.000% | 12/15/25 | 986 | 1,253 |
Burlington Northern Santa Fe LLC | 3.250% | 6/15/27 | 5,125 | 5,219 |
Burlington Northern Santa Fe LLC | 6.200% | 8/15/36 | 3,300 | 4,369 |
Burlington Northern Santa Fe LLC | 6.150% | 5/1/37 | 2,627 | 3,557 |
Burlington Northern Santa Fe LLC | 5.750% | 5/1/40 | 9,020 | 11,743 |
Burlington Northern Santa Fe LLC | 5.050% | 3/1/41 | 6,585 | 7,898 |
Burlington Northern Santa Fe LLC | 5.400% | 6/1/41 | 8,140 | 10,172 |
Burlington Northern Santa Fe LLC | 4.950% | 9/15/41 | 4,350 | 5,170 |
Burlington Northern Santa Fe LLC | 4.400% | 3/15/42 | 6,433 | 7,211 |
Burlington Northern Santa Fe LLC | 4.375% | 9/1/42 | 10,176 | 11,381 |
Burlington Northern Santa Fe LLC | 4.450% | 3/15/43 | 13,325 | 15,040 |
Burlington Northern Santa Fe LLC | 5.150% | 9/1/43 | 7,340 | 9,005 |
Burlington Northern Santa Fe LLC | 4.900% | 4/1/44 | 6,901 | 8,279 |
Burlington Northern Santa Fe LLC | 4.550% | 9/1/44 | 7,930 | 9,135 |
Burlington Northern Santa Fe LLC | 4.150% | 4/1/45 | 4,369 | 4,733 |
Burlington Northern Santa Fe LLC | 4.700% | 9/1/45 | 7,450 | 8,771 |
Burlington Northern Santa Fe LLC | 3.900% | 8/1/46 | 8,178 | 8,684 |
Burlington Northern Santa Fe LLC | 4.125% | 6/15/47 | 11,585 | 12,924 |
Canadian National Railway Co. | 5.550% | 3/1/19 | 2,860 | 2,968 |
Canadian National Railway Co. | 2.850% | 12/15/21 | 2,410 | 2,438 |
Canadian National Railway Co. | 2.950% | 11/21/24 | 1,440 | 1,456 |
Canadian National Railway Co. | 2.750% | 3/1/26 | 8,560 | 8,458 |
Canadian National Railway Co. | 6.900% | 7/15/28 | 3,550 | 4,689 |
Canadian National Railway Co. | 6.250% | 8/1/34 | 1,225 | 1,643 |
Canadian National Railway Co. | 6.200% | 6/1/36 | 3,118 | 4,205 |
Canadian National Railway Co. | 6.375% | 11/15/37 | 2,068 | 2,891 |
Canadian National Railway Co. | 3.200% | 8/2/46 | 1,950 | 1,864 |
Canadian Pacific Railway Co. | 7.250% | 5/15/19 | 5,739 | 6,113 |
Canadian Pacific Railway Co. | 9.450% | 8/1/21 | 1,000 | 1,217 |
Canadian Pacific Railway Co. | 4.500% | 1/15/22 | 8,500 | 9,003 |
Canadian Pacific Railway Co. | 4.450% | 3/15/23 | 6,303 | 6,716 |
Canadian Pacific Railway Co. | 2.900% | 2/1/25 | 6,764 | 6,694 |
Canadian Pacific Railway Co. | 7.125% | 10/15/31 | 2,785 | 3,817 |
Canadian Pacific Railway Co. | 5.750% | 3/15/33 | 375 | 448 |
Canadian Pacific Railway Co. | 4.800% | 9/15/35 | 725 | 836 |
Canadian Pacific Railway Co. | 5.950% | 5/15/37 | 14,674 | 18,867 |
Canadian Pacific Railway Co. | 5.750% | 1/15/42 | 13,430 | 17,101 |
Canadian Pacific Railway Co. | 4.800% | 8/1/45 | 1,375 | 1,623 |
Canadian Pacific Railway Co. | 6.125% | 9/15/15 | 3,385 | 4,462 |
5 Continental Airlines 2007-1 Class A Pass Through Trust | 5.983% | 10/19/23 | 2,706 | 2,943 |
5 Continental Airlines 2009-2 Class A Pass Through Trust | 7.250% | 5/10/21 | 2,946 | 3,175 |
5 Continental Airlines 2010-1 Class A Pass Through Trust | 4.750% | 7/12/22 | 2,153 | 2,245 |
5 Continental Airlines 2012-1 Class A Pass Through Trust | 4.150% | 10/11/25 | 3,165 | 3,304 |
5 Continental Airlines 2012-2 Class A Pass Through Trust | 4.000% | 4/29/26 | 1,075 | 1,117 |
CSX Corp. | 3.700% | 10/30/20 | 1,155 | 1,193 |
CSX Corp. | 4.250% | 6/1/21 | 4,415 | 4,639 |
CSX Corp. | 3.700% | 11/1/23 | 5,500 | 5,685 |
CSX Corp. | 3.350% | 11/1/25 | 10,115 | 10,286 |
98
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
CSX Corp. | 2.600% | 11/1/26 | 5,500 | 5,250 |
CSX Corp. | 3.250% | 6/1/27 | 12,969 | 12,943 |
CSX Corp. | 6.000% | 10/1/36 | 6,619 | 8,451 |
CSX Corp. | 6.150% | 5/1/37 | 2,822 | 3,663 |
CSX Corp. | 6.220% | 4/30/40 | 8,185 | 10,802 |
CSX Corp. | 5.500% | 4/15/41 | 8,667 | 10,619 |
CSX Corp. | 4.750% | 5/30/42 | 4,705 | 5,273 |
CSX Corp. | 4.400% | 3/1/43 | 237 | 255 |
CSX Corp. | 4.100% | 3/15/44 | 7,100 | 7,387 |
CSX Corp. | 3.800% | 11/1/46 | 4,475 | 4,449 |
CSX Corp. | 3.950% | 5/1/50 | 4,465 | 4,414 |
CSX Corp. | 4.500% | 8/1/54 | 375 | 394 |
CSX Corp. | 4.250% | 11/1/66 | 8,420 | 8,466 |
5 Delta Air Lines 2007-1 Class A Pass Through Trust | 6.821% | 2/10/24 | 4,068 | 4,605 |
5 Delta Air Lines 2009-1 Class A Pass Through Trust | 7.750% | 6/17/21 | 2,475 | 2,676 |
5 Delta Air Lines 2010-2 Class A Pass Through Trust | 4.950% | 11/23/20 | 1,272 | 1,302 |
5 Delta Air Lines 2012-1 Class A Pass Through Trust | 4.750% | 11/7/21 | 537 | 558 |
5 Delta Air Lines 2015-1 Class AA Pass Through Trust | 3.625% | 7/30/27 | 3,612 | 3,722 |
Delta Air Lines Inc. | 2.875% | 3/13/20 | 9,900 | 9,949 |
Delta Air Lines Inc. | 2.600% | 12/4/20 | 6,700 | 6,681 |
Delta Air Lines Inc. | 3.625% | 3/15/22 | 9,975 | 10,123 |
FedEx Corp. | 8.000% | 1/15/19 | 5,630 | 5,954 |
FedEx Corp. | 2.300% | 2/1/20 | 3,900 | 3,897 |
FedEx Corp. | 2.625% | 8/1/22 | 5,465 | 5,458 |
FedEx Corp. | 4.000% | 1/15/24 | 5,650 | 6,003 |
FedEx Corp. | 3.200% | 2/1/25 | 5,914 | 5,991 |
FedEx Corp. | 3.250% | 4/1/26 | 7,295 | 7,356 |
FedEx Corp. | 3.300% | 3/15/27 | 5,600 | 5,620 |
FedEx Corp. | 4.900% | 1/15/34 | 402 | 454 |
FedEx Corp. | 3.900% | 2/1/35 | 5,416 | 5,481 |
FedEx Corp. | 3.875% | 8/1/42 | 2,245 | 2,204 |
FedEx Corp. | 4.100% | 4/15/43 | 4,760 | 4,863 |
FedEx Corp. | 5.100% | 1/15/44 | 5,705 | 6,599 |
FedEx Corp. | 4.100% | 2/1/45 | 1,100 | 1,110 |
FedEx Corp. | 4.750% | 11/15/45 | 18,495 | 20,835 |
FedEx Corp. | 4.550% | 4/1/46 | 13,700 | 15,058 |
FedEx Corp. | 4.400% | 1/15/47 | 7,800 | 8,328 |
FedEx Corp. | 4.500% | 2/1/65 | 740 | 744 |
JB Hunt Transport Services Inc. | 2.400% | 3/15/19 | 1,270 | 1,271 |
JB Hunt Transport Services Inc. | 3.300% | 8/15/22 | 4,550 | 4,611 |
Kansas City Southern | 3.000% | 5/15/23 | 6,205 | 6,173 |
Kansas City Southern | 4.300% | 5/15/43 | 5,190 | 5,383 |
Kansas City Southern | 4.950% | 8/15/45 | 9,900 | 11,246 |
5 Latam Airlines 2015-1 Pass Through Trust A | 4.200% | 8/15/29 | 4,473 | 4,534 |
Norfolk Southern Corp. | 5.900% | 6/15/19 | 9,200 | 9,653 |
Norfolk Southern Corp. | 3.250% | 12/1/21 | 5,500 | 5,608 |
Norfolk Southern Corp. | 3.000% | 4/1/22 | 5,773 | 5,836 |
Norfolk Southern Corp. | 2.903% | 2/15/23 | 3,668 | 3,678 |
Norfolk Southern Corp. | 3.850% | 1/15/24 | 1,500 | 1,579 |
Norfolk Southern Corp. | 5.590% | 5/17/25 | 2,302 | 2,623 |
Norfolk Southern Corp. | 2.900% | 6/15/26 | 330 | 324 |
Norfolk Southern Corp. | 7.800% | 5/15/27 | 2,700 | 3,666 |
Norfolk Southern Corp. | 7.250% | 2/15/31 | 3,812 | 5,453 |
Norfolk Southern Corp. | 7.050% | 5/1/37 | 2,000 | 2,961 |
Norfolk Southern Corp. | 4.837% | 10/1/41 | 20,011 | 23,191 |
Norfolk Southern Corp. | 3.950% | 10/1/42 | 403 | 413 |
Norfolk Southern Corp. | 4.450% | 6/15/45 | 3,900 | 4,335 |
Norfolk Southern Corp. | 4.650% | 1/15/46 | 6,210 | 7,065 |
10 Norfolk Southern Corp. | 4.050% | 8/15/52 | 17,978 | 18,644 |
Norfolk Southern Corp. | 6.000% | 3/15/05 | 972 | 1,181 |
Norfolk Southern Railway Co. | 9.750% | 6/15/20 | 1,459 | 1,702 |
5 Northwest Airlines 2007-1 Class A Pass Through Trust | 7.027% | 5/1/21 | 584 | 629 |
Ryder System Inc. | 2.350% | 2/26/19 | 13,637 | 13,650 |
Ryder System Inc. | 2.550% | 6/1/19 | 12,045 | 12,078 |
99
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Ryder System Inc. | 2.450% | 9/3/19 | 3,770 | 3,776 |
Ryder System Inc. | 2.500% | 5/11/20 | 3,050 | 3,047 |
Ryder System Inc. | 2.875% | 9/1/20 | 3,375 | 3,397 |
Southwest Airlines Co. | 2.750% | 11/6/19 | 3,650 | 3,679 |
Southwest Airlines Co. | 2.650% | 11/5/20 | 6,530 | 6,559 |
Southwest Airlines Co. | 2.750% | 11/16/22 | 1,000 | 993 |
Southwest Airlines Co. | 3.000% | 11/15/26 | 5,400 | 5,214 |
Southwest Airlines Co. | 3.450% | 11/16/27 | 1,800 | 1,786 |
5 Southwest Airlines Co. 2007-1 Pass Through Trust | 6.150% | 2/1/24 | 1,111 | 1,203 |
5 Spirit Airlines Class A Pass Through Certificates Series | ||||
2015-1 | 4.100% | 10/1/29 | 4,036 | 4,189 |
Trinity Industries Inc. | 4.550% | 10/1/24 | 2,405 | 2,396 |
Union Pacific Corp. | 1.800% | 2/1/20 | 2,832 | 2,805 |
Union Pacific Corp. | 2.250% | 6/19/20 | 11,875 | 11,892 |
Union Pacific Corp. | 4.000% | 2/1/21 | 5,953 | 6,226 |
Union Pacific Corp. | 4.163% | 7/15/22 | 17,653 | 18,908 |
Union Pacific Corp. | 2.750% | 4/15/23 | 1,475 | 1,480 |
Union Pacific Corp. | 3.646% | 2/15/24 | 5,420 | 5,698 |
Union Pacific Corp. | 3.750% | 3/15/24 | 1,288 | 1,359 |
Union Pacific Corp. | 3.250% | 1/15/25 | 2,929 | 2,993 |
Union Pacific Corp. | 3.250% | 8/15/25 | 13,300 | 13,658 |
Union Pacific Corp. | 2.750% | 3/1/26 | 6,435 | 6,359 |
Union Pacific Corp. | 3.375% | 2/1/35 | 7,200 | 7,229 |
Union Pacific Corp. | 3.600% | 9/15/37 | 5,950 | 6,151 |
Union Pacific Corp. | 4.250% | 4/15/43 | 1,406 | 1,539 |
Union Pacific Corp. | 4.821% | 2/1/44 | 300 | 356 |
Union Pacific Corp. | 4.150% | 1/15/45 | 1,000 | 1,083 |
Union Pacific Corp. | 4.050% | 11/15/45 | 2,132 | 2,295 |
Union Pacific Corp. | 4.050% | 3/1/46 | 7,525 | 8,089 |
Union Pacific Corp. | 3.350% | 8/15/46 | 5,250 | 5,087 |
Union Pacific Corp. | 3.799% | 10/1/51 | 17,277 | 17,460 |
Union Pacific Corp. | 3.875% | 2/1/55 | 8,800 | 8,890 |
Union Pacific Corp. | 4.375% | 11/15/65 | 10,611 | 11,618 |
Union Pacific Corp. | 4.100% | 9/15/67 | 5,725 | 5,918 |
5 Union Pacific Railroad Co. 2007-3 Pass Through Trust | 6.176% | 1/2/31 | 940 | 1,088 |
5 United Airlines 2013-1 Class A Pass Through Trust | 4.300% | 2/15/27 | 2,344 | 2,464 |
5 United Airlines 2014-1 Class A Pass Through Trust | 4.000% | 10/11/27 | 3,618 | 3,764 |
5 United Airlines 2014-2 Class A Pass Through Trust | 3.750% | 3/3/28 | 1,306 | 1,339 |
5 United Airlines 2015-1 Class A Pass Through Trust | 3.700% | 6/1/24 | 2,880 | 2,948 |
5 United Airlines 2015-1 Class AA Pass Through Trust | 3.450% | 12/1/27 | 7,072 | 7,184 |
5 United Airlines 2016-1 Class A Pass Through Trust | 3.450% | 1/7/30 | 4,100 | 4,128 |
5 United Airlines 2016-1 Class AA Pass Through Trust | 3.100% | 7/7/28 | 37,465 | 37,165 |
5 United Airlines 2016-2 Class A Pass Through Trust | 3.100% | 10/7/28 | 2,350 | 2,301 |
5 United Airlines 2016-2 Class AA Pass Through Trust | 2.875% | 10/7/28 | 8,025 | 7,868 |
United Parcel Service Inc. | 5.125% | 4/1/19 | 14,636 | 15,152 |
United Parcel Service Inc. | 3.125% | 1/15/21 | 9,649 | 9,897 |
United Parcel Service Inc. | 2.050% | 4/1/21 | 14,000 | 13,906 |
United Parcel Service Inc. | 2.350% | 5/16/22 | 4,400 | 4,377 |
United Parcel Service Inc. | 2.450% | 10/1/22 | 7,865 | 7,835 |
United Parcel Service Inc. | 2.500% | 4/1/23 | 10,400 | 10,323 |
United Parcel Service Inc. | 2.800% | 11/15/24 | 23,800 | 23,627 |
United Parcel Service Inc. | 2.400% | 11/15/26 | 8,275 | 7,919 |
United Parcel Service Inc. | 3.050% | 11/15/27 | 19,000 | 18,993 |
United Parcel Service Inc. | 6.200% | 1/15/38 | 17,496 | 23,878 |
United Parcel Service Inc. | 4.875% | 11/15/40 | 4,842 | 5,796 |
United Parcel Service Inc. | 3.625% | 10/1/42 | 3,855 | 3,875 |
United Parcel Service Inc. | 3.400% | 11/15/46 | 3,240 | 3,145 |
United Parcel Service Inc. | 3.750% | 11/15/47 | 15,675 | 16,174 |
United Parcel Service of America Inc. | 8.375% | 4/1/20 | 110 | 125 |
United Parcel Service of America Inc. | 8.375% | 4/1/30 | 1,563 | 2,199 |
5 US Airways 2012-1 Class A Pass Through Trust | 5.900% | 4/1/26 | 1,090 | 1,210 |
5 US Airways 2013-1 Class A Pass Through Trust | 3.950% | 5/15/27 | 637 | 657 |
5 US Airways 2012-2 Class A Pass Through Trust | 4.625% | 12/3/26 | 643 | 682 |
33,575,101 |
100
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Utilities (2.0%) | ||||
Electric (1.8%) | ||||
10 AEP Texas Inc. | 2.400% | 10/1/22 | 4,100 | 4,025 |
10 AEP Texas Inc. | 3.800% | 10/1/47 | 4,450 | 4,584 |
AEP Transmission Co. LLC | 3.100% | 12/1/26 | 2,290 | 2,280 |
AEP Transmission Co. LLC | 4.000% | 12/1/46 | 3,665 | 3,911 |
10 AEP Transmission Co. LLC | 3.750% | 12/1/47 | 6,250 | 6,393 |
Alabama Power Co. | 2.450% | 3/30/22 | 7,800 | 7,749 |
Alabama Power Co. | 3.550% | 12/1/23 | 3,000 | 3,111 |
Alabama Power Co. | 6.125% | 5/15/38 | 275 | 363 |
Alabama Power Co. | 6.000% | 3/1/39 | 420 | 551 |
Alabama Power Co. | 3.850% | 12/1/42 | 1,650 | 1,700 |
Alabama Power Co. | 4.150% | 8/15/44 | 4,075 | 4,410 |
Alabama Power Co. | 3.750% | 3/1/45 | 4,030 | 4,103 |
Alabama Power Co. | 4.300% | 1/2/46 | 14,754 | 16,444 |
Alabama Power Co. | 3.700% | 12/1/47 | 11,650 | 11,875 |
Ameren Corp. | 2.700% | 11/15/20 | 10,425 | 10,434 |
Ameren Corp. | 3.650% | 2/15/26 | 4,190 | 4,271 |
Ameren Illinois Co. | 2.700% | 9/1/22 | 11,831 | 11,864 |
Ameren Illinois Co. | 3.250% | 3/1/25 | 1,335 | 1,360 |
Ameren Illinois Co. | 4.150% | 3/15/46 | 2,375 | 2,621 |
Ameren Illinois Co. | 3.700% | 12/1/47 | 8,475 | 8,702 |
American Electric Power Co. Inc. | 2.150% | 11/13/20 | 3,750 | 3,733 |
American Electric Power Co. Inc. | 2.950% | 12/15/22 | 5,331 | 5,406 |
American Electric Power Co. Inc. | 3.200% | 11/13/27 | 3,800 | 3,760 |
Appalachian Power Co. | 4.600% | 3/30/21 | 5,822 | 6,166 |
Appalachian Power Co. | 3.400% | 6/1/25 | 2,825 | 2,878 |
Appalachian Power Co. | 3.300% | 6/1/27 | 3,475 | 3,493 |
Appalachian Power Co. | 7.000% | 4/1/38 | 535 | 762 |
Appalachian Power Co. | 4.450% | 6/1/45 | 6,375 | 7,096 |
Arizona Public Service Co. | 8.750% | 3/1/19 | 3,905 | 4,184 |
Arizona Public Service Co. | 3.150% | 5/15/25 | 3,550 | 3,556 |
Arizona Public Service Co. | 4.500% | 4/1/42 | 8,963 | 10,082 |
Arizona Public Service Co. | 4.350% | 11/15/45 | 1,150 | 1,289 |
Arizona Public Service Co. | 3.750% | 5/15/46 | 10,500 | 10,715 |
Avangrid Inc. | 3.150% | 12/1/24 | 7,345 | 7,304 |
Baltimore Gas & Electric Co. | 3.500% | 11/15/21 | 1,988 | 2,053 |
Baltimore Gas & Electric Co. | 3.350% | 7/1/23 | 6,600 | 6,728 |
Baltimore Gas & Electric Co. | 2.400% | 8/15/26 | 4,000 | 3,771 |
Baltimore Gas & Electric Co. | 6.350% | 10/1/36 | 643 | 857 |
Baltimore Gas & Electric Co. | 3.500% | 8/15/46 | 9,805 | 9,607 |
Baltimore Gas & Electric Co. | 3.750% | 8/15/47 | 3,400 | 3,484 |
Berkshire Hathaway Energy Co. | 2.400% | 2/1/20 | 5,603 | 5,613 |
Berkshire Hathaway Energy Co. | 3.750% | 11/15/23 | 8,169 | 8,525 |
Berkshire Hathaway Energy Co. | 3.500% | 2/1/25 | 6,975 | 7,194 |
Berkshire Hathaway Energy Co. | 6.125% | 4/1/36 | 11,076 | 14,857 |
Berkshire Hathaway Energy Co. | 5.950% | 5/15/37 | 8,450 | 11,112 |
Berkshire Hathaway Energy Co. | 6.500% | 9/15/37 | 3,545 | 4,972 |
Berkshire Hathaway Energy Co. | 5.150% | 11/15/43 | 8,704 | 10,456 |
Berkshire Hathaway Energy Co. | 4.500% | 2/1/45 | 9,575 | 10,730 |
Black Hills Corp. | 3.950% | 1/15/26 | 2,700 | 2,787 |
Black Hills Corp. | 3.150% | 1/15/27 | 4,125 | 4,025 |
Black Hills Corp. | 4.200% | 9/15/46 | 5,775 | 5,947 |
CenterPoint Energy Houston Electric LLC | 1.850% | 6/1/21 | 2,575 | 2,522 |
CenterPoint Energy Houston Electric LLC | 2.250% | 8/1/22 | 5,300 | 5,204 |
CenterPoint Energy Houston Electric LLC | 2.400% | 9/1/26 | 2,100 | 1,988 |
CenterPoint Energy Houston Electric LLC | 3.000% | 2/1/27 | 600 | 593 |
CenterPoint Energy Houston Electric LLC | 6.950% | 3/15/33 | 100 | 138 |
CenterPoint Energy Houston Electric LLC | 3.550% | 8/1/42 | 10,772 | 10,783 |
CenterPoint Energy Houston Electric LLC | 4.500% | 4/1/44 | 1,150 | 1,337 |
CenterPoint Energy Inc. | 2.500% | 9/1/22 | 6,725 | 6,610 |
Cleco Corporate Holdings LLC | 3.743% | 5/1/26 | 7,410 | 7,441 |
Cleco Corporate Holdings LLC | 4.973% | 5/1/46 | 3,450 | 3,802 |
Cleveland Electric Illuminating Co. | 5.500% | 8/15/24 | 5,665 | 6,445 |
101
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Cleveland Electric Illuminating Co. | 5.950% | 12/15/36 | 2,545 | 3,167 |
CMS Energy Corp. | 8.750% | 6/15/19 | 3,361 | 3,650 |
CMS Energy Corp. | 6.250% | 2/1/20 | 3,476 | 3,736 |
CMS Energy Corp. | 5.050% | 3/15/22 | 1,250 | 1,355 |
CMS Energy Corp. | 3.000% | 5/15/26 | 3,165 | 3,125 |
CMS Energy Corp. | 3.450% | 8/15/27 | 950 | 958 |
CMS Energy Corp. | 4.875% | 3/1/44 | 4,050 | 4,728 |
Commonwealth Edison Co. | 4.000% | 8/1/20 | 3,831 | 3,978 |
Commonwealth Edison Co. | 3.400% | 9/1/21 | 5,100 | 5,242 |
Commonwealth Edison Co. | 2.550% | 6/15/26 | 9,525 | 9,211 |
Commonwealth Edison Co. | 2.950% | 8/15/27 | 4,025 | 3,977 |
Commonwealth Edison Co. | 5.900% | 3/15/36 | 2,994 | 3,896 |
Commonwealth Edison Co. | 6.450% | 1/15/38 | 8,898 | 12,271 |
Commonwealth Edison Co. | 3.800% | 10/1/42 | 2,314 | 2,384 |
Commonwealth Edison Co. | 4.600% | 8/15/43 | 3,565 | 4,110 |
Commonwealth Edison Co. | 4.700% | 1/15/44 | 5,227 | 6,150 |
Commonwealth Edison Co. | 3.700% | 3/1/45 | 8,550 | 8,691 |
Commonwealth Edison Co. | 4.350% | 11/15/45 | 12,375 | 13,873 |
Commonwealth Edison Co. | 3.650% | 6/15/46 | 11,600 | 11,736 |
Commonwealth Edison Co. | 3.750% | 8/15/47 | 5,775 | 5,992 |
Connecticut Light & Power Co. | 2.500% | 1/15/23 | 6,940 | 6,873 |
Connecticut Light & Power Co. | 3.200% | 3/15/27 | 3,125 | 3,161 |
Connecticut Light & Power Co. | 4.300% | 4/15/44 | 4,975 | 5,578 |
Connecticut Light & Power Co. | 4.150% | 6/1/45 | 500 | 551 |
Consolidated Edison Co. of New York Inc. | 6.650% | 4/1/19 | 13,090 | 13,792 |
Consolidated Edison Co. of New York Inc. | 4.450% | 6/15/20 | 2,250 | 2,360 |
Consolidated Edison Co. of New York Inc. | 3.125% | 11/15/27 | 3,700 | 3,722 |
Consolidated Edison Co. of New York Inc. | 5.300% | 3/1/35 | 6,475 | 7,806 |
Consolidated Edison Co. of New York Inc. | 5.850% | 3/15/36 | 4,794 | 6,110 |
Consolidated Edison Co. of New York Inc. | 6.200% | 6/15/36 | 2,845 | 3,784 |
Consolidated Edison Co. of New York Inc. | 6.300% | 8/15/37 | 500 | 679 |
Consolidated Edison Co. of New York Inc. | 6.750% | 4/1/38 | 1,080 | 1,561 |
Consolidated Edison Co. of New York Inc. | 5.500% | 12/1/39 | 428 | 544 |
Consolidated Edison Co. of New York Inc. | 5.700% | 6/15/40 | 6,650 | 8,698 |
Consolidated Edison Co. of New York Inc. | 3.950% | 3/1/43 | 2,545 | 2,677 |
Consolidated Edison Co. of New York Inc. | 4.450% | 3/15/44 | 21,095 | 24,027 |
Consolidated Edison Co. of New York Inc. | 4.500% | 12/1/45 | 9,350 | 10,745 |
Consolidated Edison Co. of New York Inc. | 3.850% | 6/15/46 | 8,770 | 9,120 |
Consolidated Edison Co. of New York Inc. | 3.875% | 6/15/47 | 7,650 | 7,996 |
Consolidated Edison Co. of New York Inc. | 4.625% | 12/1/54 | 4,737 | 5,433 |
Consolidated Edison Co. of New York Inc. | 4.300% | 12/1/56 | 3,255 | 3,574 |
Consolidated Edison Co. of New York Inc. | 4.000% | 11/15/57 | 3,700 | 3,833 |
Consolidated Edison Inc. | 2.000% | 3/15/20 | 4,600 | 4,557 |
Consolidated Edison Inc. | 2.000% | 5/15/21 | 5,000 | 4,921 |
Constellation Energy Group Inc. | 5.150% | 12/1/20 | 8,408 | 8,952 |
Consumers Energy Co. | 6.125% | 3/15/19 | 19,856 | 20,748 |
Consumers Energy Co. | 6.700% | 9/15/19 | 7,187 | 7,691 |
Consumers Energy Co. | 2.850% | 5/15/22 | 10,725 | 10,824 |
Consumers Energy Co. | 3.375% | 8/15/23 | 5,085 | 5,235 |
Consumers Energy Co. | 3.950% | 5/15/43 | 4,343 | 4,591 |
Consumers Energy Co. | 3.250% | 8/15/46 | 4,800 | 4,573 |
Consumers Energy Co. | 3.950% | 7/15/47 | 3,775 | 4,069 |
Delmarva Power & Light Co. | 3.500% | 11/15/23 | 3,525 | 3,637 |
Delmarva Power & Light Co. | 4.150% | 5/15/45 | 7,425 | 8,154 |
Dominion Energy Inc | 5.200% | 8/15/19 | 1,515 | 1,580 |
Dominion Energy Inc. | 1.875% | 1/15/19 | 5,225 | 5,210 |
Dominion Energy Inc. | 1.600% | 8/15/19 | 1,040 | 1,029 |
Dominion Energy Inc. | 2.500% | 12/1/19 | 5,288 | 5,301 |
Dominion Energy Inc. | 2.579% | 7/1/20 | 7,825 | 7,821 |
Dominion Energy Inc. | 4.450% | 3/15/21 | 9,163 | 9,670 |
Dominion Energy Inc. | 2.750% | 1/15/22 | 5,025 | 5,028 |
Dominion Energy Inc. | 2.750% | 9/15/22 | 50 | 49 |
Dominion Energy Inc. | 3.625% | 12/1/24 | 5,990 | 6,179 |
Dominion Energy Inc. | 3.900% | 10/1/25 | 9,040 | 9,430 |
102
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Dominion Energy Inc. | 6.300% | 3/15/33 | 7,775 | 9,957 |
Dominion Energy Inc. | 5.250% | 8/1/33 | 753 | 884 |
Dominion Energy Inc. | 5.950% | 6/15/35 | 9,085 | 11,488 |
Dominion Energy Inc. | 4.900% | 8/1/41 | 3,795 | 4,374 |
Dominion Energy Inc. | 4.050% | 9/15/42 | 6,700 | 6,876 |
Dominion Energy Inc. | 4.700% | 12/1/44 | 8,057 | 9,149 |
5 Dominion Energy Inc. | 5.750% | 10/1/54 | 4,125 | 4,461 |
DTE Electric Co. | 3.450% | 10/1/20 | 2,840 | 2,920 |
DTE Electric Co. | 3.650% | 3/15/24 | 7,950 | 8,344 |
DTE Electric Co. | 3.375% | 3/1/25 | 6,800 | 6,988 |
DTE Electric Co. | 4.000% | 4/1/43 | 6,450 | 6,916 |
DTE Electric Co. | 4.300% | 7/1/44 | 375 | 419 |
DTE Electric Co. | 3.700% | 3/15/45 | 4,450 | 4,586 |
DTE Electric Co. | 3.700% | 6/1/46 | 2,025 | 2,078 |
DTE Electric Co. | 3.750% | 8/15/47 | 6,150 | 6,381 |
DTE Energy Co. | 1.500% | 10/1/19 | 2,540 | 2,500 |
DTE Energy Co. | 2.400% | 12/1/19 | 5,783 | 5,779 |
DTE Energy Co. | 3.850% | 12/1/23 | 500 | 520 |
DTE Energy Co. | 3.500% | 6/1/24 | 6,456 | 6,599 |
DTE Energy Co. | 2.850% | 10/1/26 | 24,725 | 23,713 |
DTE Energy Co. | 3.800% | 3/15/27 | 5,125 | 5,284 |
DTE Energy Co. | 6.375% | 4/15/33 | 4,945 | 6,428 |
Duke Energy Carolinas LLC | 4.300% | 6/15/20 | 6,400 | 6,700 |
Duke Energy Carolinas LLC | 3.900% | 6/15/21 | 1,045 | 1,092 |
Duke Energy Carolinas LLC | 2.500% | 3/15/23 | 675 | 669 |
Duke Energy Carolinas LLC | 2.950% | 12/1/26 | 7,790 | 7,739 |
Duke Energy Carolinas LLC | 6.000% | 12/1/28 | 5,170 | 6,379 |
Duke Energy Carolinas LLC | 6.450% | 10/15/32 | 1,825 | 2,426 |
Duke Energy Carolinas LLC | 6.100% | 6/1/37 | 11,676 | 15,389 |
Duke Energy Carolinas LLC | 6.000% | 1/15/38 | 6,170 | 8,267 |
Duke Energy Carolinas LLC | 6.050% | 4/15/38 | 4,261 | 5,737 |
Duke Energy Carolinas LLC | 5.300% | 2/15/40 | 7,276 | 9,133 |
Duke Energy Carolinas LLC | 4.250% | 12/15/41 | 5,640 | 6,221 |
Duke Energy Carolinas LLC | 4.000% | 9/30/42 | 2,745 | 2,927 |
Duke Energy Carolinas LLC | 3.750% | 6/1/45 | 5,110 | 5,266 |
Duke Energy Carolinas LLC | 3.875% | 3/15/46 | 10,000 | 10,532 |
Duke Energy Carolinas LLC | 3.700% | 12/1/47 | 5,725 | 5,889 |
Duke Energy Corp. | 5.050% | 9/15/19 | 11,425 | 11,914 |
Duke Energy Corp. | 1.800% | 9/1/21 | 380 | 369 |
Duke Energy Corp. | 3.550% | 9/15/21 | 7,139 | 7,347 |
Duke Energy Corp. | 2.400% | 8/15/22 | 10,825 | 10,627 |
Duke Energy Corp. | 3.050% | 8/15/22 | 12,965 | 13,102 |
Duke Energy Corp. | 2.650% | 9/1/26 | 4,000 | 3,825 |
Duke Energy Corp. | 3.150% | 8/15/27 | 10,197 | 10,109 |
Duke Energy Corp. | 4.800% | 12/15/45 | 1,675 | 1,948 |
Duke Energy Corp. | 3.750% | 9/1/46 | 6,457 | 6,385 |
Duke Energy Corp. | 3.950% | 8/15/47 | 9,750 | 10,002 |
5 Duke Energy Florida LLC | 2.100% | 12/15/19 | 2,500 | 2,495 |
Duke Energy Florida LLC | 3.100% | 8/15/21 | 400 | 407 |
Duke Energy Florida LLC | 3.200% | 1/15/27 | 3,500 | 3,537 |
Duke Energy Florida LLC | 6.350% | 9/15/37 | 10,075 | 13,988 |
Duke Energy Florida LLC | 6.400% | 6/15/38 | 8,463 | 11,912 |
Duke Energy Florida LLC | 5.650% | 4/1/40 | 750 | 975 |
Duke Energy Florida LLC | 3.400% | 10/1/46 | 6,960 | 6,744 |
5 Duke Energy Florida Project Finance LLC | 1.196% | 3/1/22 | 1,939 | 1,922 |
5 Duke Energy Florida Project Finance LLC | 1.731% | 9/1/22 | 2,950 | 2,866 |
5 Duke Energy Florida Project Finance LLC | 2.538% | 9/1/29 | 4,000 | 3,862 |
5 Duke Energy Florida Project Finance LLC | 2.858% | 3/1/33 | 2,150 | 2,000 |
5 Duke Energy Florida Project Finance LLC | 3.112% | 9/1/36 | 3,800 | 3,631 |
Duke Energy Indiana LLC | 3.750% | 7/15/20 | 539 | 557 |
Duke Energy Indiana LLC | 6.120% | 10/15/35 | 4,998 | 6,530 |
Duke Energy Indiana LLC | 6.350% | 8/15/38 | 8,604 | 11,882 |
Duke Energy Indiana LLC | 6.450% | 4/1/39 | 400 | 558 |
Duke Energy Indiana LLC | 4.900% | 7/15/43 | 1,200 | 1,438 |
103
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Duke Energy Indiana LLC | 3.750% | 5/15/46 | 18,545 | 19,057 |
Duke Energy Ohio Inc. | 3.700% | 6/15/46 | 4,800 | 4,908 |
Duke Energy Progress Llc | 5.300% | 1/15/19 | 14,905 | 15,386 |
Duke Energy Progress Llc | 3.000% | 9/15/21 | 7,817 | 7,967 |
Duke Energy Progress Llc | 2.800% | 5/15/22 | 3,095 | 3,120 |
Duke Energy Progress LLC | 3.250% | 8/15/25 | 5,300 | 5,399 |
Duke Energy Progress LLC | 6.300% | 4/1/38 | 6,869 | 9,465 |
Duke Energy Progress LLC | 4.100% | 5/15/42 | 196 | 211 |
Duke Energy Progress LLC | 4.100% | 3/15/43 | 1,300 | 1,404 |
Duke Energy Progress LLC | 4.375% | 3/30/44 | 6,875 | 7,745 |
Duke Energy Progress LLC | 4.150% | 12/1/44 | 6,484 | 7,103 |
Duke Energy Progress LLC | 4.200% | 8/15/45 | 3,577 | 3,928 |
Duke Energy Progress LLC | 3.700% | 10/15/46 | 4,750 | 4,866 |
Duke Energy Progress LLC | 3.600% | 9/15/47 | 5,500 | 5,526 |
Edison International | 2.125% | 4/15/20 | 2,900 | 2,873 |
Edison International | 2.400% | 9/15/22 | 2,325 | 2,257 |
Edison International | 2.950% | 3/15/23 | 950 | 943 |
El Paso Electric Co. | 6.000% | 5/15/35 | 1,475 | 1,757 |
El Paso Electric Co. | 5.000% | 12/1/44 | 4,200 | 4,523 |
Emera US Finance LP | 2.150% | 6/15/19 | 4,650 | 4,625 |
Emera US Finance LP | 2.700% | 6/15/21 | 5,145 | 5,116 |
Emera US Finance LP | 3.550% | 6/15/26 | 7,608 | 7,616 |
Emera US Finance LP | 4.750% | 6/15/46 | 23,185 | 25,438 |
Enel Americas SA | 4.000% | 10/25/26 | 3,000 | 3,048 |
Entergy Arkansas Inc. | 3.750% | 2/15/21 | 7,675 | 7,946 |
Entergy Arkansas Inc. | 3.500% | 4/1/26 | 5,803 | 5,973 |
Entergy Corp. | 4.000% | 7/15/22 | 5,911 | 6,174 |
Entergy Corp. | 2.950% | 9/1/26 | 7,825 | 7,583 |
Entergy Gulf States Louisiana LLC | 5.590% | 10/1/24 | 2,305 | 2,654 |
Entergy Louisiana LLC | 4.050% | 9/1/23 | 6,675 | 7,071 |
Entergy Louisiana LLC | 5.400% | 11/1/24 | 3,325 | 3,787 |
Entergy Louisiana LLC | 2.400% | 10/1/26 | 4,892 | 4,601 |
Entergy Louisiana LLC | 3.120% | 9/1/27 | 5,600 | 5,584 |
Entergy Louisiana LLC | 3.250% | 4/1/28 | 5,375 | 5,382 |
Entergy Louisiana LLC | 3.050% | 6/1/31 | 17,515 | 16,924 |
Entergy Louisiana LLC | 4.950% | 1/15/45 | 9,800 | 10,216 |
Entergy Mississippi Inc. | 2.850% | 6/1/28 | 10,884 | 10,516 |
Entergy Texas Inc. | 7.125% | 2/1/19 | 11,635 | 12,200 |
Eversource Energy | 4.500% | 11/15/19 | 3,653 | 3,786 |
Eversource Energy | 2.750% | 3/15/22 | 4,425 | 4,415 |
Eversource Energy | 2.900% | 10/1/24 | 3,825 | 3,790 |
Eversource Energy | 3.150% | 1/15/25 | 5,482 | 5,508 |
Exelon Corp. | 2.850% | 6/15/20 | 3,563 | 3,593 |
Exelon Corp. | 2.450% | 4/15/21 | 2,975 | 2,954 |
Exelon Corp. | 3.950% | 6/15/25 | 20,500 | 21,326 |
Exelon Corp. | 3.400% | 4/15/26 | 10,625 | 10,644 |
Exelon Corp. | 4.950% | 6/15/35 | 6,925 | 7,921 |
Exelon Corp. | 5.625% | 6/15/35 | 5,515 | 6,732 |
Exelon Corp. | 5.100% | 6/15/45 | 3,975 | 4,689 |
Exelon Corp. | 4.450% | 4/15/46 | 13,535 | 14,696 |
Exelon Generation Co. LLC | 5.200% | 10/1/19 | 1,158 | 1,209 |
Exelon Generation Co. LLC | 4.000% | 10/1/20 | 7,973 | 8,215 |
Exelon Generation Co. LLC | 3.400% | 3/15/22 | 13,200 | 13,441 |
Exelon Generation Co. LLC | 4.250% | 6/15/22 | 5,550 | 5,822 |
Exelon Generation Co. LLC | 6.250% | 10/1/39 | 8,857 | 10,309 |
Exelon Generation Co. LLC | 5.750% | 10/1/41 | 2,475 | 2,711 |
Exelon Generation Co. LLC | 5.600% | 6/15/42 | 10,717 | 11,724 |
FirstEnergy Corp. | 2.850% | 7/15/22 | 7,325 | 7,237 |
FirstEnergy Corp. | 4.250% | 3/15/23 | 1,550 | 1,619 |
FirstEnergy Corp. | 3.900% | 7/15/27 | 15,475 | 15,828 |
FirstEnergy Corp. | 7.375% | 11/15/31 | 15,630 | 20,973 |
FirstEnergy Corp. | 4.850% | 7/15/47 | 10,852 | 12,032 |
Florida Power & Light Co. | 2.750% | 6/1/23 | 7,375 | 7,351 |
Florida Power & Light Co. | 3.250% | 6/1/24 | 8,675 | 8,916 |
104
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Florida Power & Light Co. | 3.125% | 12/1/25 | 12,325 | 12,542 |
Florida Power & Light Co. | 5.625% | 4/1/34 | 3,000 | 3,774 |
Florida Power & Light Co. | 4.950% | 6/1/35 | 645 | 765 |
Florida Power & Light Co. | 5.650% | 2/1/37 | 3,297 | 4,249 |
Florida Power & Light Co. | 5.950% | 2/1/38 | 8,635 | 11,587 |
Florida Power & Light Co. | 5.250% | 2/1/41 | 500 | 631 |
Florida Power & Light Co. | 4.125% | 2/1/42 | 16,198 | 17,853 |
Florida Power & Light Co. | 4.050% | 6/1/42 | 6,140 | 6,698 |
Florida Power & Light Co. | 3.800% | 12/15/42 | 5,095 | 5,310 |
Florida Power & Light Co. | 4.050% | 10/1/44 | 4,200 | 4,596 |
Florida Power & Light Co. | 3.700% | 12/1/47 | 7,000 | 7,293 |
Fortis Inc. | 2.100% | 10/4/21 | 3,270 | 3,190 |
Fortis Inc. | 3.055% | 10/4/26 | 30,721 | 29,646 |
Georgia Power Co. | 4.250% | 12/1/19 | 45 | 47 |
Georgia Power Co. | 2.000% | 3/30/20 | 4,150 | 4,123 |
Georgia Power Co. | 2.000% | 9/8/20 | 18,500 | 18,390 |
Georgia Power Co. | 2.400% | 4/1/21 | 7,500 | 7,478 |
Georgia Power Co. | 2.850% | 5/15/22 | 8,375 | 8,411 |
Georgia Power Co. | 3.250% | 4/1/26 | 5,400 | 5,406 |
Georgia Power Co. | 3.250% | 3/30/27 | 5,200 | 5,206 |
Georgia Power Co. | 5.650% | 3/1/37 | 1,133 | 1,345 |
Georgia Power Co. | 5.950% | 2/1/39 | 1,950 | 2,474 |
Georgia Power Co. | 5.400% | 6/1/40 | 6,990 | 8,401 |
Georgia Power Co. | 4.750% | 9/1/40 | 5,257 | 5,829 |
Georgia Power Co. | 4.300% | 3/15/42 | 11,962 | 12,836 |
Georgia Power Co. | 4.300% | 3/15/43 | 4,055 | 4,318 |
Great Plains Energy Inc. | 4.850% | 6/1/21 | 1,103 | 1,164 |
Gulf Power Co. | 3.300% | 5/30/27 | 3,400 | 3,421 |
Iberdrola International BV | 6.750% | 7/15/36 | 3,450 | 4,520 |
Indiana Michigan Power Co. | 7.000% | 3/15/19 | 4,540 | 4,787 |
Indiana Michigan Power Co. | 6.050% | 3/15/37 | 7,050 | 9,114 |
Indiana Michigan Power Co. | 4.550% | 3/15/46 | 1,405 | 1,607 |
Indiana Michigan Power Co. | 3.750% | 7/1/47 | 6,475 | 6,575 |
10 Indianapolis Power & Light Co. | 4.050% | 5/1/46 | 25 | 26 |
Interstate Power & Light Co. | 3.250% | 12/1/24 | 6,200 | 6,279 |
Interstate Power & Light Co. | 6.250% | 7/15/39 | 2,864 | 3,842 |
Interstate Power & Light Co. | 3.700% | 9/15/46 | 2,500 | 2,498 |
10 ITC Holdings Corp. | 2.700% | 11/15/22 | 2,950 | 2,940 |
ITC Holdings Corp. | 3.650% | 6/15/24 | 4,070 | 4,170 |
ITC Holdings Corp. | 3.250% | 6/30/26 | 1,750 | 1,739 |
10 ITC Holdings Corp. | 3.350% | 11/15/27 | 5,275 | 5,277 |
ITC Holdings Corp. | 5.300% | 7/1/43 | 11,600 | 14,010 |
5 John Sevier Combined Cycle Generation LLC | 4.626% | 1/15/42 | 2,504 | 2,772 |
Kansas City Power & Light Co. | 7.150% | 4/1/19 | 2,890 | 3,052 |
Kansas City Power & Light Co. | 3.150% | 3/15/23 | 750 | 755 |
Kansas City Power & Light Co. | 6.050% | 11/15/35 | 1,440 | 1,809 |
Kansas City Power & Light Co. | 5.300% | 10/1/41 | 6,895 | 8,292 |
Kansas City Power & Light Co. | 4.200% | 6/15/47 | 3,350 | 3,547 |
Kentucky Utilities Co. | 3.250% | 11/1/20 | 3,575 | 3,650 |
Kentucky Utilities Co. | 5.125% | 11/1/40 | 3,009 | 3,712 |
LG&E & KU Energy LLC | 3.750% | 11/15/20 | 23,786 | 24,537 |
LG&E & KU Energy LLC | 4.375% | 10/1/21 | 75 | 79 |
Louisville Gas & Electric Co. | 3.300% | 10/1/25 | 3,250 | 3,327 |
Metropolitan Edison Co. | 7.700% | 1/15/19 | 4,486 | 4,717 |
MidAmerican Energy Co. | 3.500% | 10/15/24 | 8,228 | 8,569 |
MidAmerican Energy Co. | 3.100% | 5/1/27 | 3,950 | 3,968 |
MidAmerican Energy Co. | 6.750% | 12/30/31 | 9,014 | 12,180 |
MidAmerican Energy Co. | 5.750% | 11/1/35 | 1,400 | 1,778 |
MidAmerican Energy Co. | 5.800% | 10/15/36 | 275 | 354 |
MidAmerican Energy Co. | 4.800% | 9/15/43 | 2,679 | 3,208 |
MidAmerican Energy Co. | 4.250% | 5/1/46 | 1,285 | 1,439 |
MidAmerican Energy Co. | 3.950% | 8/1/47 | 4,925 | 5,252 |
Mississippi Power Co. | 4.250% | 3/15/42 | 7,700 | 7,513 |
National Rural Utilities Cooperative Finance Corp. | 2.150% | 2/1/19 | 3,275 | 3,278 |
105
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
National Rural Utilities Cooperative Finance Corp. | 1.650% | 2/8/19 | 15,000 | 14,938 |
National Rural Utilities Cooperative Finance Corp. | 1.500% | 11/1/19 | 1,925 | 1,900 |
National Rural Utilities Cooperative Finance Corp. | 2.300% | 11/15/19 | 5,100 | 5,113 |
National Rural Utilities Cooperative Finance Corp. | 2.000% | 1/27/20 | 3,405 | 3,389 |
National Rural Utilities Cooperative Finance Corp. | 2.350% | 6/15/20 | 6,900 | 6,894 |
National Rural Utilities Cooperative Finance Corp. | 2.300% | 11/1/20 | 4,500 | 4,496 |
National Rural Utilities Cooperative Finance Corp. | 3.050% | 2/15/22 | 2,117 | 2,155 |
National Rural Utilities Cooperative Finance Corp. | 2.400% | 4/25/22 | 5,875 | 5,850 |
National Rural Utilities Cooperative Finance Corp. | 2.700% | 2/15/23 | 9,800 | 9,784 |
National Rural Utilities Cooperative Finance Corp. | 2.950% | 2/7/24 | 11,500 | 11,564 |
National Rural Utilities Cooperative Finance Corp. | 2.850% | 1/27/25 | 7,470 | 7,420 |
National Rural Utilities Cooperative Finance Corp. | 3.250% | 11/1/25 | 730 | 741 |
National Rural Utilities Cooperative Finance Corp. | 3.050% | 4/25/27 | 4,000 | 3,984 |
National Rural Utilities Cooperative Finance Corp. | 4.023% | 11/1/32 | 11,812 | 12,473 |
5 National Rural Utilities Cooperative Finance Corp. | 4.750% | 4/30/43 | 1,866 | 1,935 |
5 National Rural Utilities Cooperative Finance Corp. | 5.250% | 4/20/46 | 4,775 | 5,066 |
Nevada Power Co. | 7.125% | 3/15/19 | 19,380 | 20,481 |
Nevada Power Co. | 6.650% | 4/1/36 | 5,650 | 7,779 |
Nevada Power Co. | 6.750% | 7/1/37 | 7,472 | 10,509 |
NextEra Energy Capital Holdings Inc. | 2.400% | 9/15/19 | 8,075 | 8,080 |
NextEra Energy Capital Holdings Inc. | 2.700% | 9/15/19 | 3,075 | 3,099 |
NextEra Energy Capital Holdings Inc. | 2.800% | 1/15/23 | 5,380 | 5,376 |
NextEra Energy Capital Holdings Inc. | 3.550% | 5/1/27 | 13,600 | 13,844 |
5 NextEra Energy Capital Holdings Inc. | 4.800% | 12/1/77 | 5,850 | 5,865 |
Northern States Power Co. | 2.200% | 8/15/20 | 2,700 | 2,695 |
Northern States Power Co. | 6.250% | 6/1/36 | 3,670 | 4,981 |
Northern States Power Co. | 6.200% | 7/1/37 | 5,393 | 7,314 |
Northern States Power Co. | 5.350% | 11/1/39 | 8,571 | 10,774 |
Northern States Power Co. | 3.400% | 8/15/42 | 3,708 | 3,651 |
Northern States Power Co. | 4.000% | 8/15/45 | 2,900 | 3,137 |
NorthWestern Corp. | 4.176% | 11/15/44 | 3,125 | 3,386 |
NSTAR Electric Co. | 2.375% | 10/15/22 | 8,400 | 8,295 |
NSTAR Electric Co. | 3.200% | 5/15/27 | 7,425 | 7,512 |
NSTAR Electric Co. | 5.500% | 3/15/40 | 5,046 | 6,418 |
NV Energy Inc. | 6.250% | 11/15/20 | 12,435 | 13,623 |
Oglethorpe Power Corp. | 5.950% | 11/1/39 | 1,450 | 1,836 |
Oglethorpe Power Corp. | 5.375% | 11/1/40 | 7,025 | 8,247 |
Oglethorpe Power Corp. | 5.250% | 9/1/50 | 518 | 593 |
Ohio Edison Co. | 6.875% | 7/15/36 | 1,795 | 2,439 |
Ohio Power Co. | 5.375% | 10/1/21 | 4,466 | 4,913 |
Oklahoma Gas & Electric Co. | 4.150% | 4/1/47 | 2,975 | 3,205 |
Oklahoma Gas & Electric Co. | 3.850% | 8/15/47 | 11,975 | 12,420 |
Oncor Electric Delivery Co. LLC | 2.150% | 6/1/19 | 6,010 | 5,991 |
Oncor Electric Delivery Co. LLC | 7.000% | 9/1/22 | 5,471 | 6,457 |
Oncor Electric Delivery Co. LLC | 2.950% | 4/1/25 | 6,250 | 6,228 |
Oncor Electric Delivery Co. LLC | 7.000% | 5/1/32 | 2,525 | 3,457 |
Oncor Electric Delivery Co. LLC | 7.250% | 1/15/33 | 2,930 | 4,140 |
Oncor Electric Delivery Co. LLC | 7.500% | 9/1/38 | 1,621 | 2,458 |
Oncor Electric Delivery Co. LLC | 5.250% | 9/30/40 | 5,775 | 7,149 |
Oncor Electric Delivery Co. LLC | 4.550% | 12/1/41 | 4,494 | 5,172 |
Oncor Electric Delivery Co. LLC | 5.300% | 6/1/42 | 4,850 | 6,078 |
Oncor Electric Delivery Co. LLC | 3.750% | 4/1/45 | 8,324 | 8,637 |
10 Oncor Electric Delivery Co. LLC | 3.800% | 9/30/47 | 3,725 | 3,871 |
Pacific Gas & Electric Co. | 3.500% | 10/1/20 | 21,261 | 21,804 |
Pacific Gas & Electric Co. | 4.250% | 5/15/21 | 10,366 | 10,885 |
Pacific Gas & Electric Co. | 3.250% | 6/15/23 | 7,430 | 7,491 |
Pacific Gas & Electric Co. | 3.850% | 11/15/23 | 1,500 | 1,557 |
Pacific Gas & Electric Co. | 3.750% | 2/15/24 | 4,975 | 5,161 |
Pacific Gas & Electric Co. | 3.400% | 8/15/24 | 5,671 | 5,747 |
Pacific Gas & Electric Co. | 3.500% | 6/15/25 | 5,900 | 5,983 |
Pacific Gas & Electric Co. | 2.950% | 3/1/26 | 2,000 | 1,944 |
10 Pacific Gas & Electric Co. | 3.300% | 12/1/27 | 12,375 | 12,267 |
Pacific Gas & Electric Co. | 6.050% | 3/1/34 | 31,000 | 38,832 |
Pacific Gas & Electric Co. | 5.800% | 3/1/37 | 9,723 | 12,164 |
106
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Pacific Gas & Electric Co. | 6.350% | 2/15/38 | 1,525 | 2,011 |
Pacific Gas & Electric Co. | 6.250% | 3/1/39 | 4,925 | 6,494 |
Pacific Gas & Electric Co. | 4.450% | 4/15/42 | 12,069 | 13,006 |
Pacific Gas & Electric Co. | 3.750% | 8/15/42 | 210 | 207 |
Pacific Gas & Electric Co. | 4.600% | 6/15/43 | 15,200 | 16,596 |
Pacific Gas & Electric Co. | 5.125% | 11/15/43 | 30 | 35 |
Pacific Gas & Electric Co. | 4.750% | 2/15/44 | 5,305 | 5,908 |
Pacific Gas & Electric Co. | 4.300% | 3/15/45 | 6,442 | 6,720 |
Pacific Gas & Electric Co. | 4.250% | 3/15/46 | 12,120 | 12,763 |
Pacific Gas & Electric Co. | 4.000% | 12/1/46 | 6,875 | 7,036 |
10 Pacific Gas & Electric Co. | 3.950% | 12/1/47 | 8,750 | 8,698 |
PacifiCorp | 5.500% | 1/15/19 | 10,477 | 10,837 |
PacifiCorp | 2.950% | 2/1/22 | 9,975 | 10,130 |
PacifiCorp | 2.950% | 6/1/23 | 475 | 479 |
PacifiCorp | 3.600% | 4/1/24 | 6,764 | 7,070 |
PacifiCorp | 7.700% | 11/15/31 | 1,099 | 1,591 |
PacifiCorp | 5.250% | 6/15/35 | 1,110 | 1,352 |
PacifiCorp | 6.100% | 8/1/36 | 4,898 | 6,511 |
PacifiCorp | 5.750% | 4/1/37 | 3,181 | 4,097 |
PacifiCorp | 6.250% | 10/15/37 | 8,606 | 11,777 |
PacifiCorp | 6.350% | 7/15/38 | 2,050 | 2,832 |
PacifiCorp | 6.000% | 1/15/39 | 3,731 | 4,995 |
PacifiCorp | 4.100% | 2/1/42 | 4,805 | 5,203 |
PECO Energy Co. | 2.375% | 9/15/22 | 2,925 | 2,894 |
PECO Energy Co. | 3.150% | 10/15/25 | 200 | 202 |
Pennsylvania Electric Co. | 5.200% | 4/1/20 | 3,600 | 3,791 |
PG&E Corp. | 2.400% | 3/1/19 | 3,975 | 3,978 |
Pinnacle West Capital Corp. | 2.250% | 11/30/20 | 3,500 | 3,482 |
Potomac Electric Power Co. | 3.600% | 3/15/24 | 1,960 | 2,045 |
Potomac Electric Power Co. | 6.500% | 11/15/37 | 7,532 | 10,475 |
Potomac Electric Power Co. | 4.150% | 3/15/43 | 4,675 | 5,095 |
PPL Capital Funding Inc. | 4.200% | 6/15/22 | 2,365 | 2,501 |
PPL Capital Funding Inc. | 3.500% | 12/1/22 | 1,745 | 1,791 |
PPL Capital Funding Inc. | 3.400% | 6/1/23 | 3,695 | 3,766 |
PPL Capital Funding Inc. | 3.950% | 3/15/24 | 815 | 851 |
PPL Capital Funding Inc. | 3.100% | 5/15/26 | 4,651 | 4,552 |
PPL Capital Funding Inc. | 4.700% | 6/1/43 | 2,700 | 3,016 |
PPL Capital Funding Inc. | 5.000% | 3/15/44 | 11,396 | 13,329 |
PPL Capital Funding Inc. | 4.000% | 9/15/47 | 4,575 | 4,684 |
PPL Electric Utilities Corp. | 3.000% | 9/15/21 | 3,300 | 3,358 |
PPL Electric Utilities Corp. | 6.250% | 5/15/39 | 5,327 | 7,307 |
PPL Electric Utilities Corp. | 4.750% | 7/15/43 | 700 | 833 |
PPL Electric Utilities Corp. | 4.125% | 6/15/44 | 2,700 | 2,973 |
PPL Electric Utilities Corp. | 4.150% | 10/1/45 | 3,275 | 3,630 |
PPL Electric Utilities Corp. | 3.950% | 6/1/47 | 4,775 | 5,155 |
Progress Energy Inc. | 4.875% | 12/1/19 | 4,500 | 4,710 |
Progress Energy Inc. | 4.400% | 1/15/21 | 6,347 | 6,634 |
Progress Energy Inc. | 3.150% | 4/1/22 | 17,265 | 17,426 |
Progress Energy Inc. | 7.750% | 3/1/31 | 2,435 | 3,407 |
Progress Energy Inc. | 7.000% | 10/30/31 | 2,850 | 3,804 |
Progress Energy Inc. | 6.000% | 12/1/39 | 7,599 | 9,917 |
PSEG Power LLC | 5.125% | 4/15/20 | 1,286 | 1,355 |
PSEG Power LLC | 3.000% | 6/15/21 | 3,985 | 4,014 |
PSEG Power LLC | 8.625% | 4/15/31 | 708 | 931 |
Public Service Co. of Colorado | 5.125% | 6/1/19 | 7,475 | 7,747 |
Public Service Co. of Colorado | 3.200% | 11/15/20 | 4,175 | 4,257 |
Public Service Co. of Colorado | 2.250% | 9/15/22 | 5,500 | 5,407 |
Public Service Co. of Colorado | 3.600% | 9/15/42 | 10,475 | 10,588 |
Public Service Co. of Colorado | 4.300% | 3/15/44 | 120 | 134 |
Public Service Co. of Colorado | 3.800% | 6/15/47 | 3,000 | 3,140 |
Public Service Co. of New Hampshire | 3.500% | 11/1/23 | 2,054 | 2,117 |
Public Service Co. of Oklahoma | 5.150% | 12/1/19 | 100 | 105 |
Public Service Electric & Gas Co. | 1.900% | 3/15/21 | 3,100 | 3,049 |
Public Service Electric & Gas Co. | 2.375% | 5/15/23 | 308 | 303 |
107
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Public Service Electric & Gas Co. | 3.000% | 5/15/25 | 4,460 | 4,456 |
Public Service Electric & Gas Co. | 2.250% | 9/15/26 | 575 | 541 |
Public Service Electric & Gas Co. | 3.000% | 5/15/27 | 4,225 | 4,213 |
Public Service Electric & Gas Co. | 5.800% | 5/1/37 | 1,741 | 2,270 |
Public Service Electric & Gas Co. | 3.950% | 5/1/42 | 14,940 | 16,102 |
Public Service Electric & Gas Co. | 3.650% | 9/1/42 | 825 | 843 |
Public Service Electric & Gas Co. | 3.800% | 3/1/46 | 16,530 | 17,493 |
Public Service Electric & Gas Co. | 3.600% | 12/1/47 | 3,750 | 3,838 |
Public Service Enterprise Group Inc. | 1.600% | 11/15/19 | 625 | 615 |
Public Service Enterprise Group Inc. | 2.650% | 11/15/22 | 6,650 | 6,582 |
Puget Energy Inc. | 6.500% | 12/15/20 | 15,875 | 17,503 |
Puget Energy Inc. | 6.000% | 9/1/21 | 5,494 | 6,082 |
Puget Energy Inc. | 5.625% | 7/15/22 | 2,150 | 2,370 |
Puget Energy Inc. | 3.650% | 5/15/25 | 6,680 | 6,838 |
Puget Sound Energy Inc. | 6.274% | 3/15/37 | 3,275 | 4,408 |
Puget Sound Energy Inc. | 5.757% | 10/1/39 | 2,675 | 3,485 |
Puget Sound Energy Inc. | 5.795% | 3/15/40 | 1,774 | 2,335 |
Puget Sound Energy Inc. | 5.638% | 4/15/41 | 3,068 | 3,943 |
Puget Sound Energy Inc. | 4.300% | 5/20/45 | 7,625 | 8,601 |
San Diego Gas & Electric Co. | 3.000% | 8/15/21 | 3,000 | 3,046 |
San Diego Gas & Electric Co. | 3.600% | 9/1/23 | 3,675 | 3,813 |
San Diego Gas & Electric Co. | 2.500% | 5/15/26 | 75 | 72 |
San Diego Gas & Electric Co. | 6.000% | 6/1/39 | 805 | 1,074 |
San Diego Gas & Electric Co. | 4.500% | 8/15/40 | 2,570 | 3,003 |
San Diego Gas & Electric Co. | 3.750% | 6/1/47 | 6,000 | 6,292 |
SCANA Corp. | 4.750% | 5/15/21 | 4,450 | 4,607 |
Sierra Pacific Power Co. | 2.600% | 5/1/26 | 13,345 | 12,883 |
South Carolina Electric & Gas Co. | 6.625% | 2/1/32 | 5,679 | 7,205 |
South Carolina Electric & Gas Co. | 5.300% | 5/15/33 | 93 | 106 |
South Carolina Electric & Gas Co. | 6.050% | 1/15/38 | 3,635 | 4,521 |
South Carolina Electric & Gas Co. | 5.450% | 2/1/41 | 3,345 | 3,962 |
South Carolina Electric & Gas Co. | 4.350% | 2/1/42 | 5,243 | 5,488 |
South Carolina Electric & Gas Co. | 4.600% | 6/15/43 | 7,410 | 8,024 |
South Carolina Electric & Gas Co. | 4.100% | 6/15/46 | 4,295 | 4,379 |
South Carolina Electric & Gas Co. | 4.500% | 6/1/64 | 3,875 | 4,027 |
South Carolina Electric & Gas Co. | 5.100% | 6/1/65 | 5,175 | 5,901 |
Southern California Edison Co. | 3.875% | 6/1/21 | 16,875 | 17,553 |
5 Southern California Edison Co. | 1.845% | 2/1/22 | 3,504 | 3,425 |
Southern California Edison Co. | 2.400% | 2/1/22 | 6,400 | 6,340 |
Southern California Edison Co. | 6.650% | 4/1/29 | 2,056 | 2,628 |
Southern California Edison Co. | 6.000% | 1/15/34 | 5,485 | 7,052 |
Southern California Edison Co. | 5.750% | 4/1/35 | 2,913 | 3,715 |
Southern California Edison Co. | 5.350% | 7/15/35 | 7,223 | 8,831 |
Southern California Edison Co. | 5.550% | 1/15/36 | 1,280 | 1,562 |
Southern California Edison Co. | 5.625% | 2/1/36 | 7,300 | 9,214 |
Southern California Edison Co. | 5.550% | 1/15/37 | 6,300 | 7,928 |
Southern California Edison Co. | 5.950% | 2/1/38 | 5,713 | 7,568 |
Southern California Edison Co. | 6.050% | 3/15/39 | 1,085 | 1,455 |
Southern California Edison Co. | 5.500% | 3/15/40 | 898 | 1,152 |
Southern California Edison Co. | 4.500% | 9/1/40 | 4,575 | 5,138 |
Southern California Edison Co. | 4.050% | 3/15/42 | 4,950 | 5,313 |
Southern California Edison Co. | 3.900% | 3/15/43 | 4,890 | 5,145 |
Southern California Edison Co. | 4.650% | 10/1/43 | 2,752 | 3,222 |
Southern California Edison Co. | 3.600% | 2/1/45 | 7,845 | 7,880 |
Southern California Edison Co. | 4.000% | 4/1/47 | 8,425 | 9,057 |
Southern Co. | 1.850% | 7/1/19 | 3,575 | 3,554 |
Southern Co. | 2.150% | 9/1/19 | 2,650 | 2,635 |
Southern Co. | 2.750% | 6/15/20 | 11,560 | 11,639 |
Southern Co. | 2.350% | 7/1/21 | 10,325 | 10,275 |
Southern Co. | 2.950% | 7/1/23 | 7,925 | 7,879 |
Southern Co. | 3.250% | 7/1/26 | 18,590 | 18,232 |
Southern Co. | 4.250% | 7/1/36 | 12,700 | 13,344 |
Southern Co. | 4.400% | 7/1/46 | 14,500 | 15,471 |
Southern Power Co. | 1.950% | 12/15/19 | 6,200 | 6,150 |
108
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Southern Power Co. | 2.375% | 6/1/20 | 2,950 | 2,937 |
Southern Power Co. | 2.500% | 12/15/21 | 9,950 | 9,856 |
Southern Power Co. | 4.150% | 12/1/25 | 9,900 | 10,422 |
Southern Power Co. | 5.150% | 9/15/41 | 11,140 | 12,460 |
Southern Power Co. | 4.950% | 12/15/46 | 3,905 | 4,266 |
Southwestern Electric Power Co. | 6.450% | 1/15/19 | 3,685 | 3,834 |
Southwestern Electric Power Co. | 2.750% | 10/1/26 | 4,175 | 4,010 |
Southwestern Electric Power Co. | 6.200% | 3/15/40 | 2,050 | 2,737 |
Southwestern Electric Power Co. | 3.900% | 4/1/45 | 7,725 | 7,916 |
Southwestern Public Service Co. | 3.300% | 6/15/24 | 1,815 | 1,862 |
Southwestern Public Service Co. | 4.500% | 8/15/41 | 6,048 | 6,915 |
Southwestern Public Service Co. | 3.400% | 8/15/46 | 21,640 | 21,045 |
Southwestern Public Service Co. | 3.700% | 8/15/47 | 6,425 | 6,572 |
Tampa Electric Co. | 5.400% | 5/15/21 | 2,462 | 2,663 |
Tampa Electric Co. | 2.600% | 9/15/22 | 5,690 | 5,629 |
Tampa Electric Co. | 6.550% | 5/15/36 | 850 | 1,127 |
Tampa Electric Co. | 4.100% | 6/15/42 | 602 | 622 |
Tampa Electric Co. | 4.350% | 5/15/44 | 6,960 | 7,540 |
TECO Finance Inc. | 5.150% | 3/15/20 | 3,494 | 3,675 |
Toledo Edison Co. | 6.150% | 5/15/37 | 2,880 | 3,712 |
TransAlta Corp. | 4.500% | 11/15/22 | 3,985 | 4,047 |
TransAlta Corp. | 6.500% | 3/15/40 | 4,814 | 4,794 |
Tucson Electric Power Co. | 3.050% | 3/15/25 | 2,375 | 2,322 |
UIL Holdings Corp. | 4.625% | 10/1/20 | 1,600 | 1,675 |
Union Electric Co. | 6.700% | 2/1/19 | 3,941 | 4,122 |
Union Electric Co. | 3.500% | 4/15/24 | 5,295 | 5,487 |
Union Electric Co. | 2.950% | 6/15/27 | 4,000 | 3,963 |
Union Electric Co. | 5.300% | 8/1/37 | 3,770 | 4,555 |
Union Electric Co. | 8.450% | 3/15/39 | 1,775 | 2,885 |
Union Electric Co. | 3.900% | 9/15/42 | 2,450 | 2,568 |
Union Electric Co. | 3.650% | 4/15/45 | 3,975 | 4,034 |
Virginia Electric & Power Co. | 5.000% | 6/30/19 | 4,687 | 4,869 |
Virginia Electric & Power Co. | 2.950% | 1/15/22 | 4,070 | 4,128 |
Virginia Electric & Power Co. | 3.450% | 9/1/22 | 1,390 | 1,434 |
Virginia Electric & Power Co. | 2.750% | 3/15/23 | 5,375 | 5,366 |
Virginia Electric & Power Co. | 3.450% | 2/15/24 | 4,920 | 5,069 |
Virginia Electric & Power Co. | 3.100% | 5/15/25 | 4,105 | 4,125 |
Virginia Electric & Power Co. | 3.150% | 1/15/26 | 7,990 | 8,067 |
Virginia Electric & Power Co. | 2.950% | 11/15/26 | 4,120 | 4,077 |
Virginia Electric & Power Co. | 3.500% | 3/15/27 | 21,475 | 22,184 |
Virginia Electric & Power Co. | 6.000% | 1/15/36 | 5,700 | 7,437 |
Virginia Electric & Power Co. | 6.000% | 5/15/37 | 3,975 | 5,222 |
Virginia Electric & Power Co. | 6.350% | 11/30/37 | 3,700 | 5,064 |
Virginia Electric & Power Co. | 4.000% | 1/15/43 | 4,498 | 4,760 |
Virginia Electric & Power Co. | 4.650% | 8/15/43 | 8,130 | 9,455 |
Virginia Electric & Power Co. | 4.450% | 2/15/44 | 10,330 | 11,650 |
Virginia Electric & Power Co. | 4.200% | 5/15/45 | 5,800 | 6,356 |
Virginia Electric & Power Co. | 4.000% | 11/15/46 | 5,250 | 5,582 |
Virginia Electric & Power Co. | 3.800% | 9/15/47 | 7,700 | 7,988 |
WEC Energy Group Inc. | 2.450% | 6/15/20 | 3,000 | 2,999 |
WEC Energy Group Inc. | 3.550% | 6/15/25 | 3,525 | 3,605 |
Westar Energy Inc. | 2.550% | 7/1/26 | 5,875 | 5,650 |
Westar Energy Inc. | 3.100% | 4/1/27 | 7,500 | 7,503 |
Westar Energy Inc. | 4.125% | 3/1/42 | 7,462 | 8,023 |
Westar Energy Inc. | 4.100% | 4/1/43 | 5,075 | 5,455 |
Westar Energy Inc. | 4.250% | 12/1/45 | 1,560 | 1,716 |
Wisconsin Electric Power Co. | 2.950% | 9/15/21 | 2,515 | 2,544 |
Wisconsin Electric Power Co. | 5.625% | 5/15/33 | 775 | 942 |
Wisconsin Electric Power Co. | 5.700% | 12/1/36 | 1,050 | 1,340 |
Wisconsin Electric Power Co. | 4.250% | 6/1/44 | 2,125 | 2,331 |
Wisconsin Power & Light Co. | 3.050% | 10/15/27 | 1,200 | 1,196 |
Wisconsin Power & Light Co. | 6.375% | 8/15/37 | 4,200 | 5,683 |
Wisconsin Public Service Corp. | 3.671% | 12/1/42 | 1,875 | 1,899 |
Xcel Energy Inc. | 4.700% | 5/15/20 | 750 | 783 |
109
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Xcel Energy Inc. | 2.400% | 3/15/21 | 8,000 | 7,943 |
Xcel Energy Inc. | 2.600% | 3/15/22 | 5,225 | 5,214 |
Xcel Energy Inc. | 3.300% | 6/1/25 | 4,800 | 4,871 |
Xcel Energy Inc. | 3.350% | 12/1/26 | 3,825 | 3,883 |
Xcel Energy Inc. | 6.500% | 7/1/36 | 7,717 | 10,475 |
Natural Gas (0.2%) | ||||
Atmos Energy Corp. | 8.500% | 3/15/19 | 1,110 | 1,192 |
Atmos Energy Corp. | 3.000% | 6/15/27 | 5,000 | 4,961 |
Atmos Energy Corp. | 5.500% | 6/15/41 | 10,165 | 12,861 |
Atmos Energy Corp. | 4.150% | 1/15/43 | 8,790 | 9,486 |
Atmos Energy Corp. | 4.125% | 10/15/44 | 2,365 | 2,584 |
CenterPoint Energy Resources Corp. | 4.500% | 1/15/21 | 16,592 | 17,340 |
CenterPoint Energy Resources Corp. | 5.850% | 1/15/41 | 7,075 | 9,052 |
CenterPoint Energy Resources Corp. | 4.100% | 9/1/47 | 3,150 | 3,309 |
NiSource Finance Corp. | 6.800% | 1/15/19 | 195 | 204 |
NiSource Finance Corp. | 5.450% | 9/15/20 | 6,732 | 7,198 |
NiSource Finance Corp. | 2.650% | 11/17/22 | 3,800 | 3,775 |
NiSource Finance Corp. | 3.490% | 5/15/27 | 10,051 | 10,224 |
NiSource Finance Corp. | 5.950% | 6/15/41 | 9,065 | 11,586 |
Nisource Finance Corp. | 5.250% | 2/15/43 | 1,200 | 1,446 |
NiSource Finance Corp. | 4.800% | 2/15/44 | 412 | 468 |
NiSource Finance Corp. | 4.375% | 5/15/47 | 19,757 | 21,631 |
ONE Gas Inc. | 2.070% | 2/1/19 | 4,529 | 4,513 |
ONE Gas Inc. | 4.658% | 2/1/44 | 1,325 | 1,516 |
Piedmont Natural Gas Co. Inc. | 4.650% | 8/1/43 | 2,450 | 2,800 |
Piedmont Natural Gas Co. Inc. | 3.640% | 11/1/46 | 4,190 | 4,121 |
Sempra Energy | 9.800% | 2/15/19 | 6,055 | 6,537 |
Sempra Energy | 1.625% | 10/7/19 | 3,600 | 3,556 |
Sempra Energy | 2.400% | 3/15/20 | 3,661 | 3,663 |
Sempra Energy | 2.850% | 11/15/20 | 7,179 | 7,213 |
Sempra Energy | 2.875% | 10/1/22 | 6,131 | 6,088 |
Sempra Energy | 4.050% | 12/1/23 | 7,435 | 7,767 |
Sempra Energy | 3.750% | 11/15/25 | 5,450 | 5,579 |
Sempra Energy | 3.250% | 6/15/27 | 9,055 | 8,972 |
Sempra Energy | 6.000% | 10/15/39 | 21,128 | 27,255 |
Southern California Gas Co. | 3.150% | 9/15/24 | 175 | 179 |
Southern California Gas Co. | 3.200% | 6/15/25 | 1,020 | 1,036 |
Southern California Gas Co. | 2.600% | 6/15/26 | 13,050 | 12,659 |
Southern California Gas Co. | 3.750% | 9/15/42 | 4,570 | 4,747 |
Southern Co. Gas Capital Corp. | 5.250% | 8/15/19 | 885 | 922 |
Southern Co. Gas Capital Corp. | 3.500% | 9/15/21 | 2,575 | 2,627 |
Southern Co. Gas Capital Corp. | 2.450% | 10/1/23 | 375 | 364 |
Southern Co. Gas Capital Corp. | 3.875% | 11/15/25 | 1,000 | 1,025 |
Southern Co. Gas Capital Corp. | 3.250% | 6/15/26 | 5,155 | 5,078 |
Southern Co. Gas Capital Corp. | 5.875% | 3/15/41 | 4,085 | 5,069 |
Southern Co. Gas Capital Corp. | 4.400% | 6/1/43 | 4,325 | 4,582 |
Southern Co. Gas Capital Corp. | 3.950% | 10/1/46 | 5,900 | 5,856 |
Southern Co. Gas Capital Corp. | 4.400% | 5/30/47 | 12,385 | 13,295 |
Southwest Gas Corp. | 3.800% | 9/29/46 | 400 | 403 |
Washington Gas Light Co. | 3.796% | 9/15/46 | 4,675 | 4,818 |
Other Utility (0.0%) | ||||
American Water Capital Corp. | 3.850% | 3/1/24 | 3,500 | 3,690 |
American Water Capital Corp. | 3.400% | 3/1/25 | 1,560 | 1,602 |
American Water Capital Corp. | 2.950% | 9/1/27 | 6,850 | 6,781 |
American Water Capital Corp. | 6.593% | 10/15/37 | 5,620 | 7,854 |
American Water Capital Corp. | 4.300% | 12/1/42 | 60 | 66 |
American Water Capital Corp. | 4.300% | 9/1/45 | 5,200 | 5,747 |
American Water Capital Corp. | 4.000% | 12/1/46 | 925 | 985 |
American Water Capital Corp. | 3.750% | 9/1/47 | 11,825 | 12,135 |
United Utilities plc | 5.375% | 2/1/19 | 3,700 | 3,807 |
United Utilities plc | 6.875% | 8/15/28 | 960 | 1,166 |
Veolia Environnement SA | 6.750% | 6/1/38 | 4,074 | 5,352 |
110
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
3,824,197 | ||||
Total Corporate Bonds (Cost $52,642,021) | 54,531,141 | |||
Sovereign Bonds (4.8%) | ||||
African Development Bank | 1.000% | 5/15/19 | 16,430 | 16,207 |
African Development Bank | 1.375% | 2/12/20 | 9,600 | 9,470 |
African Development Bank | 1.875% | 3/16/20 | 27,000 | 26,908 |
African Development Bank | 1.250% | 7/26/21 | 3,620 | 3,494 |
African Development Bank | 2.375% | 9/23/21 | 26,600 | 26,714 |
African Development Bank | 2.125% | 11/16/22 | 35,060 | 34,548 |
Agricultural Bank of China Ltd. | 2.750% | 5/21/20 | 1,645 | 1,640 |
Asian Development Bank | 1.375% | 1/15/19 | 14,500 | 14,419 |
Asian Development Bank | 1.750% | 3/21/19 | 3,445 | 3,436 |
Asian Development Bank | 1.875% | 4/12/19 | 12,320 | 12,304 |
Asian Development Bank | 1.000% | 8/16/19 | 5,970 | 5,874 |
Asian Development Bank | 1.500% | 1/22/20 | 18,305 | 18,106 |
Asian Development Bank | 1.375% | 3/23/20 | 16,525 | 16,281 |
Asian Development Bank | 1.625% | 5/5/20 | 102,050 | 101,043 |
Asian Development Bank | 1.625% | 8/26/20 | 3,900 | 3,847 |
Asian Development Bank | 1.625% | 3/16/21 | 44,000 | 43,236 |
Asian Development Bank | 1.750% | 6/8/21 | 37,500 | 36,898 |
Asian Development Bank | 2.125% | 11/24/21 | 20,000 | 19,800 |
Asian Development Bank | 2.000% | 2/16/22 | 82,941 | 82,049 |
Asian Development Bank | 1.875% | 2/18/22 | 27,550 | 26,985 |
Asian Development Bank | 1.750% | 9/13/22 | 12,900 | 12,524 |
Asian Development Bank | 2.000% | 1/22/25 | 16,950 | 16,416 |
Asian Development Bank | 2.000% | 4/24/26 | 9,350 | 8,978 |
Asian Development Bank | 2.625% | 1/12/27 | 11,500 | 11,546 |
Asian Development Bank | 6.220% | 8/15/27 | 375 | 489 |
Asian Development Bank | 2.500% | 11/2/27 | 33,347 | 33,018 |
Canada | 1.625% | 2/27/19 | 31,415 | 31,344 |
Canada | 2.000% | 11/15/22 | 20,295 | 20,012 |
CNOOC Curtis Funding No 1 Pty Ltd. | 4.500% | 10/3/23 | 5,000 | 5,329 |
CNOOC Finance 2013 Ltd. | 3.000% | 5/9/23 | 6,525 | 6,455 |
CNOOC Finance 2015 Australia Pty Ltd. | 2.625% | 5/5/20 | 21,885 | 21,804 |
CNOOC Finance 2015 Australia Pty Ltd. | 4.200% | 5/5/45 | 4,500 | 4,593 |
CNOOC Finance 2015 USA LLC | 3.500% | 5/5/25 | 30,550 | 30,797 |
CNOOC Nexen Finance 2014 ULC | 4.250% | 4/30/24 | 30,800 | 32,485 |
CNOOC Nexen Finance 2014 ULC | 4.875% | 4/30/44 | 600 | 677 |
Corp. Andina de Fomento | 2.000% | 5/10/19 | 18,255 | 18,169 |
Corp. Andina de Fomento | 8.125% | 6/4/19 | 19,800 | 21,357 |
Corp. Andina de Fomento | 2.200% | 7/18/20 | 26,145 | 25,954 |
Corp. Andina de Fomento | 4.375% | 6/15/22 | 25,925 | 27,561 |
Corp. Andina de Fomento | 2.750% | 1/6/23 | 19,179 | 19,006 |
Council Of Europe Development Bank | 1.500% | 5/17/19 | 6,100 | 6,064 |
Council Of Europe Development Bank | 1.750% | 11/14/19 | 2,900 | 2,883 |
Council Of Europe Development Bank | 1.875% | 1/27/20 | 2,250 | 2,241 |
Council Of Europe Development Bank | 1.625% | 3/10/20 | 17,800 | 17,626 |
Council Of Europe Development Bank | 1.625% | 3/16/21 | 8,500 | 8,342 |
Ecopetrol SA | 5.875% | 9/18/23 | 19,850 | 21,959 |
Ecopetrol SA | 4.125% | 1/16/25 | 20,880 | 21,037 |
Ecopetrol SA | 5.375% | 6/26/26 | 27,840 | 29,928 |
Ecopetrol SA | 7.375% | 9/18/43 | 4,000 | 4,795 |
Ecopetrol SA | 5.875% | 5/28/45 | 23,115 | 23,462 |
Emirates Telecommunications Group Co. PJSC | 3.500% | 6/18/24 | 5,000 | 5,107 |
European Bank for Reconstruction & Development | 1.750% | 6/14/19 | 21,270 | 21,197 |
European Bank for Reconstruction & Development | 0.875% | 7/22/19 | 5,000 | 4,897 |
European Bank for Reconstruction & Development | 1.750% | 11/26/19 | 19,500 | 19,383 |
European Bank for Reconstruction & Development | 1.500% | 3/16/20 | 23,050 | 22,772 |
European Bank for Reconstruction & Development | 1.125% | 8/24/20 | 3,270 | 3,189 |
European Bank for Reconstruction & Development | 2.000% | 2/1/21 | 51,650 | 51,330 |
European Bank for Reconstruction & Development | 1.875% | 7/15/21 | 5,075 | 5,028 |
European Bank for Reconstruction & Development | 1.875% | 2/23/22 | 14,800 | 14,567 |
111
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
European Bank for Reconstruction & Development | 2.125% | 3/7/22 | 1,040 | 1,031 |
European Investment Bank | 1.875% | 3/15/19 | 74,925 | 74,834 |
European Investment Bank | 1.250% | 5/15/19 | 48,605 | 48,130 |
European Investment Bank | 1.750% | 6/17/19 | 68,060 | 67,824 |
European Investment Bank | 1.125% | 8/15/19 | 64,600 | 63,732 |
European Investment Bank | 1.625% | 3/16/20 | 77,370 | 76,626 |
European Investment Bank | 1.750% | 5/15/20 | 51,500 | 51,122 |
European Investment Bank | 1.375% | 6/15/20 | 29,985 | 29,462 |
European Investment Bank | 1.625% | 8/14/20 | 20,460 | 20,209 |
European Investment Bank | 2.875% | 9/15/20 | 14,495 | 14,769 |
European Investment Bank | 1.625% | 12/15/20 | 40,800 | 40,192 |
European Investment Bank | 4.000% | 2/16/21 | 30,785 | 32,447 |
European Investment Bank | 2.000% | 3/15/21 | 32,950 | 32,748 |
European Investment Bank | 2.500% | 4/15/21 | 41,260 | 41,572 |
European Investment Bank | 1.625% | 6/15/21 | 12,000 | 11,749 |
European Investment Bank | 1.375% | 9/15/21 | 4,250 | 4,114 |
European Investment Bank | 2.125% | 10/15/21 | 5,590 | 5,558 |
European Investment Bank | 2.250% | 3/15/22 | 56,500 | 56,309 |
European Investment Bank | 2.375% | 6/15/22 | 54,450 | 54,473 |
European Investment Bank | 2.250% | 8/15/22 | 28,905 | 28,773 |
European Investment Bank | 2.000% | 12/15/22 | 32,400 | 31,784 |
European Investment Bank | 3.250% | 1/29/24 | 21,250 | 22,167 |
European Investment Bank | 2.500% | 10/15/24 | 24,160 | 24,219 |
European Investment Bank | 1.875% | 2/10/25 | 44,510 | 42,597 |
European Investment Bank | 2.125% | 4/13/26 | 59,025 | 57,101 |
European Investment Bank | 2.375% | 5/24/27 | 19,250 | 18,868 |
European Investment Bank | 4.875% | 2/15/36 | 11,965 | 15,666 |
Export Development Canada | 1.250% | 2/4/19 | 11,600 | 11,516 |
10 Export Development Canada | 1.500% | 4/4/19 | 2,200 | 2,186 |
12 Export Development Canada | 1.750% | 8/19/19 | 28,150 | 28,054 |
12 Export Development Canada | 1.625% | 12/3/19 | 4,500 | 4,468 |
Export Development Canada | 1.625% | 1/17/20 | 11,000 | 10,907 |
Export Development Canada | 1.625% | 6/1/20 | 3,000 | 2,937 |
Export Development Canada | 1.750% | 7/21/20 | 325 | 322 |
Export Development Canada | 2.000% | 11/30/20 | 24,105 | 24,011 |
Export Development Canada | 1.500% | 5/26/21 | 25,750 | 25,151 |
Export Development Canada | 1.375% | 10/21/21 | 10,400 | 10,069 |
Export Development Canada | 2.000% | 5/17/22 | 1,500 | 1,479 |
Export-Import Bank of Korea | 1.750% | 2/27/18 | 17,810 | 17,796 |
Export-Import Bank of Korea | 1.750% | 5/26/19 | 8,300 | 8,208 |
Export-Import Bank of Korea | 2.375% | 8/12/19 | 8,000 | 7,961 |
Export-Import Bank of Korea | 1.500% | 10/21/19 | 12,000 | 11,748 |
Export-Import Bank of Korea | 5.125% | 6/29/20 | 9,730 | 10,254 |
Export-Import Bank of Korea | 2.500% | 11/1/20 | 2,000 | 1,978 |
Export-Import Bank of Korea | 2.625% | 12/30/20 | 2,450 | 2,426 |
Export-Import Bank of Korea | 4.000% | 1/29/21 | 7,824 | 8,060 |
Export-Import Bank of Korea | 2.125% | 2/11/21 | 500 | 488 |
Export-Import Bank of Korea | 2.500% | 5/10/21 | 5,200 | 5,123 |
Export-Import Bank of Korea | 4.375% | 9/15/21 | 4,465 | 4,678 |
Export-Import Bank of Korea | 1.875% | 10/21/21 | 11,500 | 11,028 |
Export-Import Bank of Korea | 2.750% | 1/25/22 | 22,200 | 21,952 |
Export-Import Bank of Korea | 5.000% | 4/11/22 | 4,150 | 4,467 |
Export-Import Bank of Korea | 3.000% | 11/1/22 | 8,000 | 7,962 |
Export-Import Bank of Korea | 4.000% | 1/14/24 | 34,750 | 36,430 |
Export-Import Bank of Korea | 3.250% | 11/10/25 | 6,430 | 6,410 |
Export-Import Bank of Korea | 2.625% | 5/26/26 | 12,900 | 12,280 |
FMS Wertmanagement AoeR | 1.000% | 8/16/19 | 35,000 | 34,438 |
13 FMS Wertmanagement AoeR | 1.750% | 1/24/20 | 24,100 | 23,953 |
FMS Wertmanagement AoeR | 1.750% | 3/17/20 | 8,000 | 7,943 |
FMS Wertmanagement AoeR | 2.000% | 8/1/22 | 44,610 | 43,946 |
Hydro-Quebec | 8.400% | 1/15/22 | 8,195 | 9,901 |
Hydro-Quebec | 8.050% | 7/7/24 | 3,310 | 4,276 |
Hydro-Quebec | 8.500% | 12/1/29 | 825 | 1,215 |
Industrial & Commercial Bank of China Ltd. | 3.231% | 11/13/19 | 4,400 | 4,434 |
112
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Industrial & Commercial Bank of China Ltd. | 2.635% | 5/26/21 | 8,000 | 7,902 |
Industrial & Commercial Bank of China Ltd. | 2.957% | 11/8/22 | 7,500 | 7,427 |
Industrial & Commercial Bank of China Ltd. | 3.538% | 11/8/27 | 4,250 | 4,227 |
Inter-American Development Bank | 1.000% | 5/13/19 | 17,750 | 17,531 |
Inter-American Development Bank | 1.125% | 9/12/19 | 3,200 | 3,153 |
Inter-American Development Bank | 3.875% | 9/17/19 | 57,480 | 59,293 |
Inter-American Development Bank | 1.250% | 10/15/19 | 12,750 | 12,578 |
Inter-American Development Bank | 1.750% | 10/15/19 | 32,200 | 32,046 |
Inter-American Development Bank | 3.875% | 2/14/20 | 6,475 | 6,712 |
Inter-American Development Bank | 1.625% | 5/12/20 | 52,270 | 51,750 |
Inter-American Development Bank | 1.875% | 6/16/20 | 29,850 | 29,705 |
Inter-American Development Bank | 2.125% | 11/9/20 | 11,470 | 11,472 |
Inter-American Development Bank | 1.875% | 3/15/21 | 3,535 | 3,500 |
Inter-American Development Bank | 2.125% | 1/18/22 | 56,400 | 56,076 |
Inter-American Development Bank | 1.750% | 4/14/22 | 29,340 | 28,692 |
Inter-American Development Bank | 1.750% | 9/14/22 | 34,000 | 33,002 |
Inter-American Development Bank | 3.000% | 10/4/23 | 8,025 | 8,265 |
Inter-American Development Bank | 3.000% | 2/21/24 | 19,195 | 19,737 |
Inter-American Development Bank | 2.125% | 1/15/25 | 20,860 | 20,385 |
Inter-American Development Bank | 7.000% | 6/15/25 | 2,950 | 3,723 |
Inter-American Development Bank | 2.000% | 6/2/26 | 28,350 | 27,042 |
Inter-American Development Bank | 2.375% | 7/7/27 | 52,050 | 51,136 |
Inter-American Development Bank | 3.875% | 10/28/41 | 45 | 51 |
Inter-American Development Bank | 3.200% | 8/7/42 | 6,872 | 7,009 |
Inter-American Development Bank | 4.375% | 1/24/44 | 8,375 | 10,251 |
International Bank for Reconstruction & Development | 1.875% | 3/15/19 | 72,580 | 72,493 |
International Bank for Reconstruction & Development | 1.250% | 7/26/19 | 65,200 | 64,487 |
International Bank for Reconstruction & Development | 0.875% | 8/15/19 | 55,350 | 54,397 |
International Bank for Reconstruction & Development | 1.875% | 10/7/19 | 45,625 | 45,524 |
International Bank for Reconstruction & Development | 1.300% | 10/25/19 | 2,200 | 2,159 |
International Bank for Reconstruction & Development | 1.125% | 11/27/19 | 28,575 | 28,084 |
International Bank for Reconstruction & Development | 1.375% | 3/30/20 | 15,000 | 14,781 |
International Bank for Reconstruction & Development | 1.875% | 4/21/20 | 91,950 | 91,647 |
International Bank for Reconstruction & Development | 1.125% | 8/10/20 | 6,000 | 5,859 |
International Bank for Reconstruction & Development | 1.625% | 9/4/20 | 46,175 | 45,599 |
International Bank for Reconstruction & Development | 2.125% | 11/1/20 | 21,000 | 21,003 |
International Bank for Reconstruction & Development | 1.625% | 3/9/21 | 19,860 | 19,518 |
International Bank for Reconstruction & Development | 1.375% | 5/24/21 | 64,060 | 62,305 |
International Bank for Reconstruction & Development | 2.250% | 6/24/21 | 23,390 | 23,422 |
International Bank for Reconstruction & Development | 1.375% | 9/20/21 | 61,100 | 59,209 |
International Bank for Reconstruction & Development | 2.125% | 12/13/21 | 14,155 | 14,092 |
International Bank for Reconstruction & Development | 2.000% | 1/26/22 | 60,190 | 59,528 |
International Bank for Reconstruction & Development | 1.625% | 2/10/22 | 23,475 | 22,900 |
International Bank for Reconstruction & Development | 1.875% | 10/7/22 | 2,100 | 2,059 |
International Bank for Reconstruction & Development | 7.625% | 1/19/23 | 14,000 | 17,452 |
International Bank for Reconstruction & Development | 1.750% | 4/19/23 | 1,000 | 968 |
International Bank for Reconstruction & Development | 2.500% | 11/25/24 | 63,120 | 63,198 |
International Bank for Reconstruction & Development | 2.125% | 3/3/25 | 270 | 264 |
International Bank for Reconstruction & Development | 2.500% | 7/29/25 | 31,000 | 30,915 |
International Bank for Reconstruction & Development | 8.875% | 3/1/26 | 1,050 | 1,498 |
International Bank for Reconstruction & Development | 1.875% | 10/27/26 | 1,500 | 1,419 |
International Bank for Reconstruction & Development | 2.500% | 11/22/27 | 10,860 | 10,780 |
International Bank for Reconstruction & Development | 4.750% | 2/15/35 | 7,058 | 9,071 |
International Finance Corp. | 1.750% | 9/16/19 | 17,100 | 17,022 |
International Finance Corp. | 1.750% | 3/30/20 | 25,000 | 24,851 |
International Finance Corp. | 1.625% | 7/16/20 | 32,615 | 32,220 |
International Finance Corp. | 1.125% | 7/20/21 | 3,150 | 3,034 |
International Finance Corp. | 2.125% | 4/7/26 | 22,300 | 21,576 |
14 Japan Bank for International Cooperation | 2.250% | 2/24/20 | 31,850 | 31,771 |
14 Japan Bank for International Cooperation | 1.750% | 5/28/20 | 37,600 | 36,990 |
14 Japan Bank for International Cooperation | 2.125% | 6/1/20 | 23,000 | 22,858 |
14 Japan Bank for International Cooperation | 2.125% | 7/21/20 | 16,180 | 16,059 |
14 Japan Bank for International Cooperation | 2.125% | 11/16/20 | 31,160 | 30,907 |
14 Japan Bank for International Cooperation | 1.875% | 4/20/21 | 9,300 | 9,093 |
113
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
14 Japan Bank for International Cooperation | 1.500% | 7/21/21 | 21,425 | 20,677 |
14 Japan Bank for International Cooperation | 2.000% | 11/4/21 | 12,000 | 11,749 |
14 Japan Bank for International Cooperation | 2.500% | 6/1/22 | 9,200 | 9,156 |
14 Japan Bank for International Cooperation | 2.375% | 7/21/22 | 11,000 | 10,864 |
14 Japan Bank for International Cooperation | 2.375% | 11/16/22 | 33,430 | 33,005 |
14 Japan Bank for International Cooperation | 3.375% | 7/31/23 | 2,100 | 2,173 |
14 Japan Bank for International Cooperation | 3.000% | 5/29/24 | 16,500 | 16,779 |
14 Japan Bank for International Cooperation | 2.125% | 2/10/25 | 18,200 | 17,465 |
14 Japan Bank for International Cooperation | 2.750% | 1/21/26 | 5,800 | 5,794 |
14 Japan Bank for International Cooperation | 2.375% | 4/20/26 | 2,000 | 1,931 |
14 Japan Bank for International Cooperation | 2.250% | 11/4/26 | 30,000 | 28,706 |
14 Japan Bank for International Cooperation | 2.875% | 6/1/27 | 34,250 | 34,420 |
14 Japan Bank for International Cooperation | 2.750% | 11/16/27 | 31,720 | 31,544 |
14 Japan Finance Organization for Municipalities | 4.000% | 1/13/21 | 400 | 415 |
14 Japan International Cooperation Agency | 2.750% | 4/27/27 | 12,000 | 11,830 |
13 KFW | 1.500% | 2/6/19 | 11,275 | 11,220 |
13 KFW | 1.875% | 4/1/19 | 42,530 | 42,484 |
13 KFW | 4.875% | 6/17/19 | 38,975 | 40,590 |
13 KFW | 1.000% | 7/15/19 | 69,647 | 68,525 |
13 KFW | 1.500% | 9/9/19 | 41,045 | 40,691 |
13 KFW | 1.750% | 10/15/19 | 13,800 | 13,733 |
13 KFW | 4.000% | 1/27/20 | 40,845 | 42,432 |
13 KFW | 1.750% | 3/31/20 | 38,000 | 37,717 |
13 KFW | 1.500% | 4/20/20 | 45,950 | 45,326 |
13 KFW | 1.625% | 5/29/20 | 49,850 | 49,298 |
13 KFW | 1.875% | 6/30/20 | 46,130 | 45,847 |
13 KFW | 2.750% | 9/8/20 | 53,480 | 54,354 |
13 KFW | 2.750% | 10/1/20 | 46,589 | 47,348 |
13 KFW | 1.875% | 11/30/20 | 4,500 | 4,462 |
13 KFW | 1.875% | 12/15/20 | 60,330 | 59,996 |
13 KFW | 1.625% | 3/15/21 | 46,300 | 45,446 |
13 KFW | 1.500% | 6/15/21 | 97,060 | 94,641 |
13 KFW | 2.375% | 8/25/21 | 13,825 | 13,878 |
13 KFW | 1.750% | 9/15/21 | 65,500 | 64,286 |
13 KFW | 2.000% | 11/30/21 | 20,000 | 19,781 |
13 KFW | 2.625% | 1/25/22 | 4,000 | 4,051 |
13 KFW | 2.125% | 3/7/22 | 56,050 | 55,650 |
13 KFW | 2.125% | 6/15/22 | 50,080 | 49,659 |
13 KFW | 2.000% | 9/29/22 | 2,750 | 2,706 |
13 KFW | 2.000% | 10/4/22 | 24,700 | 24,313 |
13 KFW | 2.125% | 1/17/23 | 40,135 | 39,651 |
13 KFW | 2.500% | 11/20/24 | 49,150 | 49,012 |
13 KFW | 2.000% | 5/2/25 | 18,175 | 17,529 |
13 KFW | 0.000% | 4/18/36 | 15,890 | 9,294 |
13 KFW | 0.000% | 6/29/37 | 6,850 | 3,906 |
Korea Development Bank | 3.000% | 3/17/19 | 7,745 | 7,786 |
Korea Development Bank | 2.500% | 3/11/20 | 3,500 | 3,470 |
Korea Development Bank | 2.500% | 1/13/21 | 1,000 | 988 |
Korea Development Bank | 4.625% | 11/16/21 | 6,975 | 7,387 |
Korea Development Bank | 2.625% | 2/27/22 | 20,000 | 19,705 |
Korea Development Bank | 3.000% | 9/14/22 | 16,040 | 15,988 |
Korea Development Bank | 2.750% | 3/19/23 | 8,600 | 8,442 |
Korea Development Bank | 3.750% | 1/22/24 | 23,490 | 24,321 |
Korea Development Bank | 2.000% | 9/12/26 | 1,500 | 1,355 |
Landesbank Baden-Wuerttemberg | 7.625% | 2/1/23 | 1,000 | 1,204 |
13 Landwirtschaftliche Rentenbank | 1.750% | 4/15/19 | 3,425 | 3,417 |
13 Landwirtschaftliche Rentenbank | 1.375% | 10/23/19 | 13,365 | 13,200 |
13 Landwirtschaftliche Rentenbank | 2.250% | 10/1/21 | 100 | 100 |
13 Landwirtschaftliche Rentenbank | 2.000% | 1/13/25 | 41,950 | 40,568 |
13 Landwirtschaftliche Rentenbank | 2.375% | 6/10/25 | 24,100 | 23,841 |
13 Landwirtschaftliche Rentenbank | 1.750% | 7/27/26 | 17,175 | 16,092 |
13 Landwirtschaftliche Rentenbank | 2.500% | 11/15/27 | 17,939 | 17,777 |
Nexen Energy ULC | 6.200% | 7/30/19 | 3,505 | 3,690 |
Nexen Energy ULC | 7.875% | 3/15/32 | 9,765 | 13,907 |
114
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Nexen Energy ULC | 5.875% | 3/10/35 | 4,687 | 5,736 |
Nexen Energy ULC | 6.400% | 5/15/37 | 9,984 | 12,979 |
Nexen Energy ULC | 7.500% | 7/30/39 | 6,635 | 9,815 |
Nordic Investment Bank | 1.875% | 6/14/19 | 20,900 | 20,880 |
Nordic Investment Bank | 1.500% | 8/9/19 | 2,750 | 2,730 |
Nordic Investment Bank | 1.500% | 9/29/20 | 3,100 | 3,050 |
Nordic Investment Bank | 1.625% | 11/20/20 | 21,330 | 21,013 |
Nordic Investment Bank | 1.250% | 8/2/21 | 4,950 | 4,784 |
Nordic Investment Bank | 2.125% | 2/1/22 | 2,900 | 2,880 |
North American Development Bank | 4.375% | 2/11/20 | 2,600 | 2,708 |
North American Development Bank | 2.400% | 10/26/22 | 6,000 | 5,974 |
15 Oesterreichische Kontrollbank AG | 1.125% | 4/26/19 | 18,330 | 18,103 |
15 Oesterreichische Kontrollbank AG | 1.750% | 1/24/20 | 16,850 | 16,725 |
15 Oesterreichische Kontrollbank AG | 1.375% | 2/10/20 | 8,525 | 8,387 |
15 Oesterreichische Kontrollbank AG | 1.500% | 10/21/20 | 24,605 | 24,147 |
15 Oesterreichische Kontrollbank AG | 1.875% | 1/20/21 | 7,900 | 7,812 |
15 Oesterreichische Kontrollbank AG | 2.375% | 10/1/21 | 8,950 | 8,963 |
5 Oriental Republic of Uruguay | 4.500% | 8/14/24 | 12,601 | 13,660 |
5 Oriental Republic of Uruguay | 4.375% | 10/27/27 | 34,119 | 36,721 |
5 Oriental Republic of Uruguay | 7.625% | 3/21/36 | 13,645 | 19,444 |
5 Oriental Republic of Uruguay | 4.125% | 11/20/45 | 14,775 | 14,831 |
5 Oriental Republic of Uruguay | 5.100% | 6/18/50 | 34,570 | 38,416 |
Petroleos Mexicanos | 5.500% | 2/4/19 | 22,400 | 23,115 |
Petroleos Mexicanos | 8.000% | 5/3/19 | 1,400 | 1,497 |
Petroleos Mexicanos | 6.000% | 3/5/20 | 7,353 | 7,819 |
Petroleos Mexicanos | 3.500% | 7/23/20 | 15,085 | 15,319 |
Petroleos Mexicanos | 5.500% | 1/21/21 | 30,350 | 32,349 |
Petroleos Mexicanos | 6.375% | 2/4/21 | 36,770 | 40,044 |
Petroleos Mexicanos | 4.875% | 1/24/22 | 21,448 | 22,369 |
10 Petroleos Mexicanos | 5.375% | 3/13/22 | 5,500 | 5,847 |
Petroleos Mexicanos | 3.500% | 1/30/23 | 17,656 | 17,330 |
Petroleos Mexicanos | 4.625% | 9/21/23 | 32,881 | 33,777 |
Petroleos Mexicanos | 4.875% | 1/18/24 | 27,858 | 28,996 |
5 Petroleos Mexicanos | 2.290% | 2/15/24 | 1,544 | 1,538 |
Petroleos Mexicanos | 2.378% | 4/15/25 | 2,119 | 2,106 |
Petroleos Mexicanos | 4.500% | 1/23/26 | 4,570 | 4,587 |
Petroleos Mexicanos | 6.875% | 8/4/26 | 31,019 | 35,143 |
10 Petroleos Mexicanos | 6.500% | 3/13/27 | 29,500 | 32,239 |
10 Petroleos Mexicanos | 6.500% | 3/13/27 | 55,060 | 60,173 |
Petroleos Mexicanos | 6.625% | 6/15/35 | 22,361 | 23,950 |
Petroleos Mexicanos | 6.625% | 6/15/38 | 7,275 | 7,558 |
Petroleos Mexicanos | 6.500% | 6/2/41 | 22,630 | 23,394 |
Petroleos Mexicanos | 5.500% | 6/27/44 | 16,727 | 15,450 |
Petroleos Mexicanos | 6.375% | 1/23/45 | 10,214 | 10,268 |
Petroleos Mexicanos | 5.625% | 1/23/46 | 55,031 | 50,819 |
10 Petroleos Mexicanos | 6.750% | 9/21/47 | 45,400 | 47,534 |
Petroleos Mexicanos | 6.750% | 9/21/47 | 54,798 | 57,374 |
16 Power Sector Assets & Liabilities Management Corp. | 9.625% | 5/15/28 | 1,970 | 2,967 |
Province of Alberta | 1.900% | 12/6/19 | 23,000 | 22,865 |
Province of Alberta | 2.200% | 7/26/22 | 23,900 | 23,557 |
Province of British Columbia | 2.650% | 9/22/21 | 18,660 | 18,855 |
Province of British Columbia | 2.000% | 10/23/22 | 6,510 | 6,382 |
Province of British Columbia | 6.500% | 1/15/26 | 266 | 331 |
Province of British Columbia | 2.250% | 6/2/26 | 7,000 | 6,777 |
Province of Manitoba | 1.750% | 5/30/19 | 4,000 | 3,977 |
Province of Manitoba | 2.100% | 9/6/22 | 6,450 | 6,316 |
Province of Manitoba | 3.050% | 5/14/24 | 23,250 | 23,695 |
Province of Manitoba | 2.125% | 6/22/26 | 5,175 | 4,874 |
Province of New Brunswick | 2.500% | 12/12/22 | 1,675 | 1,669 |
Province of Ontario | 1.625% | 1/18/19 | 27,825 | 27,728 |
Province of Ontario | 2.000% | 1/30/19 | 10,920 | 10,923 |
Province of Ontario | 1.250% | 6/17/19 | 13,200 | 13,039 |
Province of Ontario | 1.650% | 9/27/19 | 25,520 | 25,307 |
Province of Ontario | 4.000% | 10/7/19 | 22,240 | 22,942 |
115
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Province of Ontario | 4.400% | 4/14/20 | 33,100 | 34,681 |
Province of Ontario | 1.875% | 5/21/20 | 26,390 | 26,168 |
Province of Ontario | 2.500% | 9/10/21 | 33,225 | 33,284 |
Province of Ontario | 2.400% | 2/8/22 | 15,525 | 15,474 |
Province of Ontario | 2.250% | 5/18/22 | 31,575 | 31,243 |
Province of Ontario | 2.450% | 6/29/22 | 10,750 | 10,716 |
Province of Ontario | 2.200% | 10/3/22 | 1,000 | 986 |
Province of Ontario | 3.200% | 5/16/24 | 2,050 | 2,112 |
Province of Ontario | 2.500% | 4/27/26 | 12,600 | 12,344 |
Province of Quebec | 3.500% | 7/29/20 | 17,120 | 17,661 |
Province of Quebec | 2.750% | 8/25/21 | 17,205 | 17,387 |
Province of Quebec | 2.375% | 1/31/22 | 18,150 | 18,093 |
Province of Quebec | 2.625% | 2/13/23 | 25,110 | 25,158 |
Province of Quebec | 7.500% | 7/15/23 | 300 | 366 |
Province of Quebec | 7.125% | 2/9/24 | 10,915 | 13,428 |
Province of Quebec | 2.875% | 10/16/24 | 14,990 | 15,147 |
Province of Quebec | 2.500% | 4/20/26 | 17,500 | 17,171 |
Province of Quebec | 2.750% | 4/12/27 | 45,000 | 44,654 |
Province of Quebec | 7.500% | 9/15/29 | 19,605 | 27,767 |
Republic of Chile | 3.250% | 9/14/21 | 200 | 206 |
Republic of Chile | 2.250% | 10/30/22 | 10,245 | 10,086 |
Republic of Chile | 3.125% | 3/27/25 | 500 | 509 |
Republic of Chile | 3.125% | 1/21/26 | 29,118 | 29,467 |
Republic of Chile | 3.860% | 6/21/47 | 15,387 | 15,816 |
Republic of Colombia | 7.375% | 3/18/19 | 13,800 | 14,617 |
Republic of Colombia | 11.750% | 2/25/20 | 3,350 | 3,998 |
Republic of Colombia | 4.375% | 7/12/21 | 19,552 | 20,608 |
5 Republic of Colombia | 2.625% | 3/15/23 | 20,485 | 19,979 |
Republic of Colombia | 4.000% | 2/26/24 | 50,635 | 52,458 |
Republic of Colombia | 8.125% | 5/21/24 | 3,784 | 4,807 |
5 Republic of Colombia | 4.500% | 1/28/26 | 10,293 | 11,003 |
5 Republic of Colombia | 3.875% | 4/25/27 | 28,025 | 28,530 |
Republic of Colombia | 10.375% | 1/28/33 | 10,050 | 15,873 |
Republic of Colombia | 7.375% | 9/18/37 | 19,672 | 26,562 |
Republic of Colombia | 6.125% | 1/18/41 | 17,675 | 21,497 |
5 Republic of Colombia | 5.625% | 2/26/44 | 6,432 | 7,365 |
5 Republic of Colombia | 5.000% | 6/15/45 | 53,861 | 56,958 |
Republic of Finland | 6.950% | 2/15/26 | 1,905 | 2,421 |
Republic of Hungary | 6.250% | 1/29/20 | 36,500 | 39,102 |
Republic of Hungary | 6.375% | 3/29/21 | 80,761 | 89,746 |
Republic of Hungary | 5.375% | 2/21/23 | 18,800 | 20,915 |
Republic of Hungary | 5.750% | 11/22/23 | 1,800 | 2,059 |
Republic of Hungary | 5.375% | 3/25/24 | 2,280 | 2,579 |
Republic of Hungary | 7.625% | 3/29/41 | 7,405 | 11,620 |
Republic of Indonesia | 2.950% | 1/11/23 | 10,000 | 9,951 |
Republic of Indonesia | 3.500% | 1/11/28 | 9,300 | 9,273 |
Republic of Indonesia | 4.350% | 1/11/48 | 9,000 | 9,145 |
Republic of Italy | 6.875% | 9/27/23 | 25,880 | 30,462 |
Republic of Italy | 5.375% | 6/15/33 | 16,595 | 19,513 |
Republic of Korea | 7.125% | 4/16/19 | 27,198 | 28,799 |
Republic of Korea | 3.875% | 9/11/23 | 10,650 | 11,137 |
Republic of Korea | 5.625% | 11/3/25 | 525 | 620 |
Republic of Korea | 2.750% | 1/19/27 | 25,300 | 24,715 |
Republic of Korea | 4.125% | 6/10/44 | 370 | 425 |
Republic of Panama | 5.200% | 1/30/20 | 17,868 | 18,828 |
5 Republic of Panama | 4.000% | 9/22/24 | 1,480 | 1,570 |
5 Republic of Panama | 3.750% | 3/16/25 | 16,875 | 17,526 |
Republic of Panama | 7.125% | 1/29/26 | 20,400 | 25,990 |
Republic of Panama | 8.875% | 9/30/27 | 850 | 1,233 |
5 Republic of Panama | 3.875% | 3/17/28 | 14,750 | 15,421 |
Republic of Panama | 9.375% | 4/1/29 | 12,195 | 18,463 |
5 Republic of Panama | 6.700% | 1/26/36 | 31,095 | 41,573 |
5 Republic of Panama | 4.500% | 5/15/47 | 10,200 | 10,980 |
5 Republic of Panama | 4.300% | 4/29/53 | 5,000 | 5,208 |
116
Vanguard® Total Bond Market Index Fund
Schedule of Investments
December 31, 2017
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Republic of Peru | 7.125% | 3/30/19 | 1,000 | 1,065 |
Republic of Peru | 7.350% | 7/21/25 | 5,540 | 7,208 |
Republic of Peru | 4.125% | 8/25/27 | 1,301 | 1,420 |
Republic of Peru | 8.750% | 11/21/33 | 43,964 | 69,496 |
5 Republic of Peru | 6.550% | 3/14/37 | 13,391 | 18,164 |
Republic of Peru | 5.625% | 11/18/50 | 26,291 | 33,928 |
Republic of Poland | 6.375% | 7/15/19 | 43,983 | 46,631 |
Republic of Poland | 5.125% | 4/21/21 | 26,325 | 28,497 |
Republic of Poland | 5.000% | 3/23/22 | 33,877 | 37,095 |
Republic of Poland | 3.000% | 3/17/23 | 17,668 | 17,955 |
Republic of Poland | 4.000% | 1/22/24 | 9,995 | 10,657 |
Republic of Poland | 3.250% | 4/6/26 | 25,710 | 26,256 |
Republic of the Philippines | 8.375% | 6/17/19 | 20,580 | 22,484 |
Republic of the Philippines | 4.000% | 1/15/21 | 11,610 | 12,178 |
Republic of the Philippines | 9.500% | 10/21/24 | 1,150 | 1,643 |
Republic of the Philippines | 10.625% | 3/16/25 | 16,900 | 25,540 |
Republic of the Philippines | 5.500% | 3/30/26 | 23,425 | 27,671 |
Republic of the Philippines | 9.500% | 2/2/30 | 6,400 | 10,112 |
Republic of the Philippines | 7.750% | 1/14/31 | 21,670 | 30,880 |
Republic of the Philippines | 6.375% | 1/15/32 | 9,400 | 12,220 |
Republic of the Philippines | 6.375% | 10/23/34 | 34,415 | 45,987 |
Republic of the Philippines | 5.000% | 1/13/37 | 805 | 950 |
Republic of the Philippines | 3.950% | 1/20/40 | 21,450 | 22,120 |
Republic of the Philippines | 3.700% | 3/1/41 | 21,150 | 21,018 |
Republic of the Philippines | 3.700% | 2/2/42 | 15,620 | 15,561 |
State of Israel | 5.125% | 3/26/19 | 15,595 | 16,149 |
State of Israel | 4.000% | 6/30/22 | 16,030 | 16,965 |
State of Israel | 3.150% | 6/30/23 | 11,000 | 11,268 |
State of Israel | 2.875% | 3/16/26 | 25,000 | 24,946 |
State of Israel | 4.500% | 1/30/43 | 15,550 | 17,024 |
Statoil ASA | 2.250% | 11/8/19 | 15,648 | 15,651 |
Statoil ASA | 2.900% | 11/8/20 | 5,305 | 5,379 |
Statoil ASA | 2.750% | 11/10/21 | 17,910 | 18,096 |
Statoil ASA | 3.150% | 1/23/22 | 7,567 | 7,751 |
Statoil ASA | 2.450% | 1/17/23 | 11,525 | 11,430 |
Statoil ASA | 7.750% | 6/15/23 | 25 | 31 |
Statoil ASA | 2.650% | 1/15/24 | 21,436 | 21,324 |
Statoil ASA | 3.700% | 3/1/24 | 10,787 | 11,324 |
Statoil ASA | 3.250% | 11/10/24 | 9,940 | 10,202 |
Statoil ASA | 7.250% | 9/23/27 | 5,375 | 7,105 |
10 Statoil ASA | 6.500% | 12/1/28 | 975 | 1,255 |
Statoil ASA | 5.100% | 8/17/40 | 1,021 | 1,236 |
Statoil ASA | 4.250% | 11/23/41 | 8,395 | 9,048 |
Statoil ASA | 3.950% | 5/15/43 | 10,512 | 10,988 |
Statoil ASA | 4.800% | 11/8/43 | 7,950 | 9,333 |
Svensk Exportkredit AB | 1.250% | 4/12/19 | 13,100 | 12,971 |
Svensk Exportkredit AB | 1.875% | 6/17/19 | 12,000 | 11,973 |
Svensk Exportkredit AB | 1.125% | 8/28/19 | 25,550 | 25,138 |
Svensk Exportkredit AB | 1.750% | 5/18/20 | 16,000 | 15,842 |
Svensk Exportkredit AB | 1.875% | 6/23/20 | 10,700 | 10,620 |
Svensk Exportkredit AB | 1.750% | 8/28/20 | 7,225 | 7,135 |
Svensk Exportkredit AB | 1.750% | 3/10/21 | 12,350 | 12,152 |
Svensk Exportkredit AB | 2.000% | 8/30/22 | 16,000 | 15,682 |
United Mexican States | 3.500% | 1/21/21 | 2,638 | 2,729 |
United Mexican States | 3.625% | 3/15/22 | 57,309 | 59,434 |
United Mexican States | 4.000% | 10/2/23 | 75,311 | 78,874 |
United Mexican States | 3.600% | 1/30/25 | 18,762 | 18,991 |
United Mexican States | 4.125% | 1/21/26 | 7,783 | 8,119 |
United Mexican States | 4.150% | 3/28/27 | 26,400 | 27,416 |
United Mexican States | 7.500% | 4/8/33 | 16,775 | 22,856 |
United Mexican States | 6.750% | 9/27/34 | 10,208 | 13,264 |
United Mexican States | 6.050% | 1/11/40 | 62,746 | 73,915 |
United Mexican States | 4.750% | 3/8/44 | 60,371 | 60,967 |
United Mexican States | 5.550% | 1/21/45 | 4,022 | 4,546 |
117
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
United Mexican States | 4.600% | 1/23/46 | 14,439 | 14,273 |
United Mexican States | 4.350% | 1/15/47 | 17,450 | 16,717 |
United Mexican States | 4.600% | 2/10/48 | 1,500 | 1,477 |
United Mexican States | 5.750% | 10/12/10 | 52,150 | 55,059 |
Total Sovereign Bonds (Cost $9,251,476) | 9,336,761 | |||
Taxable Municipal Bonds (0.7%) | ||||
Alabama Economic Settlement Authority BP | ||||
Settlement Revenue | 3.163% | 9/15/25 | 4,500 | 4,550 |
Alameda County CA Joint Powers Authority Lease | ||||
Revenue | 7.046% | 12/1/44 | 2,050 | 3,089 |
American Municipal Power Ohio Inc. Revenue | ||||
(Hydroelectric Projects) | 6.449% | 2/15/44 | 50 | 69 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 7.834% | 2/15/41 | 2,300 | 3,590 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 6.053% | 2/15/43 | 1,000 | 1,348 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 5.939% | 2/15/47 | 8,500 | 11,162 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 6.270% | 2/15/50 | 2,175 | 2,846 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 7.499% | 2/15/50 | 1,550 | 2,355 |
American Municipal Power Ohio Inc. Revenue (Prairie | ||||
State Energy Campus Project) | 8.084% | 2/15/50 | 8,125 | 13,847 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 6.918% | 4/1/40 | 4,075 | 5,879 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 6.263% | 4/1/49 | 16,970 | 25,070 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 7.043% | 4/1/50 | 2,900 | 4,581 |
Bay Area Toll Authority California Toll Bridge Revenue | ||||
(San Francisco Bay Area) | 6.907% | 10/1/50 | 10,330 | 16,316 |
California Department of Water Resources Power | ||||
Supply Revenue | 2.000% | 5/1/22 | 14,745 | 14,412 |
California GO | 6.200% | 3/1/19 | 1,400 | 1,468 |
California GO | 6.200% | 10/1/19 | 11,000 | 11,789 |
California GO | 5.700% | 11/1/21 | 23,950 | 26,705 |
California GO | 2.367% | 4/1/22 | 2,000 | 1,994 |
California GO | 7.500% | 4/1/34 | 35,650 | 52,791 |
California GO | 7.950% | 3/1/36 | 550 | 614 |
California GO | 7.550% | 4/1/39 | 16,730 | 26,327 |
California GO | 7.300% | 10/1/39 | 5,905 | 8,809 |
California GO | 7.350% | 11/1/39 | 24,970 | 37,473 |
California GO | 7.625% | 3/1/40 | 15,200 | 23,780 |
California GO | 7.600% | 11/1/40 | 15,800 | 25,232 |
California State University Systemwide Revenue | 3.899% | 11/1/47 | 3,220 | 3,387 |
Central Puget Sound WA Regional Transit Authority | ||||
Sales & Use Tax Revenue | 5.491% | 11/1/39 | 1,410 | 1,804 |
Chicago IL GO | 7.045% | 1/1/29 | 3,000 | 3,316 |
Chicago IL GO | 7.375% | 1/1/33 | 1,850 | 2,140 |
Chicago IL GO | 7.781% | 1/1/35 | 2,010 | 2,409 |
Chicago IL GO | 5.432% | 1/1/42 | 2,500 | 2,408 |
Chicago IL GO | 6.314% | 1/1/44 | 5,700 | 6,075 |
Chicago IL Metropolitan Water Reclamation District GO | 5.720% | 12/1/38 | 8,050 | 10,467 |
Chicago IL O'Hare International Airport Revenue | 6.395% | 1/1/40 | 1,745 | 2,436 |
Chicago IL Transit Authority Sales Tax Receipts | ||||
Revenue | 6.200% | 12/1/40 | 2,375 | 3,092 |
Chicago IL Transit Authority Transfer Tax Receipts | ||||
Revenue | 6.899% | 12/1/40 | 7,035 | 9,539 |
Chicago IL Water Revenue | 6.742% | 11/1/40 | 5,750 | 7,652 |
Clark County NV Airport System Revenue | 6.881% | 7/1/42 | 475 | 510 |
Clark County NV Airport System Revenue | 6.820% | 7/1/45 | 3,745 | 5,842 |
118
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Connecticut GO | 5.090% | 10/1/30 | 8,770 | 9,732 |
Connecticut GO | 5.850% | 3/15/32 | 6,410 | 7,709 |
Cook County IL GO | 6.229% | 11/15/34 | 5,525 | 7,011 |
Dallas County TX Hospital District Revenue | 5.621% | 8/15/44 | 2,100 | 2,622 |
Dallas TX Area Rapid Transit Revenue | 5.999% | 12/1/44 | 2,065 | 2,849 |
Dallas TX Area Rapid Transit Revenue | 5.022% | 12/1/48 | 3,850 | 4,801 |
Dallas TX Convention Center Hotel Development Corp. | ||||
Hotel Revenue | 7.088% | 1/1/42 | 9,740 | 13,233 |
Dallas TX Independent School District GO | 6.450% | 2/15/35 | 3,750 | 4,185 |
District of Columbia Income Tax Revenue | 5.591% | 12/1/34 | 1,175 | 1,452 |
District of Columbia Water & Sewer Authority Public | ||||
Utility Revenue | 4.814% | 10/1/14 | 11,600 | 13,560 |
East Bay CA Municipal Utility District Water System | ||||
Revenue | 5.874% | 6/1/40 | 5,255 | 7,039 |
Emory University Georgia GO | 5.625% | 9/1/19 | 7,000 | 7,344 |
Energy Northwest Washington Electric Revenue | ||||
(Columbia Generating Station) | 2.197% | 7/1/19 | 4,000 | 4,002 |
Energy Northwest Washington Electric Revenue | ||||
(Columbia Generating Station) | 2.814% | 7/1/24 | 2,000 | 1,996 |
Florida Board of Administration Finance Corp Revenue | 2.638% | 7/1/21 | 7,330 | 7,338 |
Florida Hurricane Catastrophe Fund Finance Corp. | ||||
Revenue | 2.995% | 7/1/20 | 19,255 | 19,507 |
George Washington University District of Columbia GO | 3.485% | 9/15/22 | 7,450 | 7,642 |
George Washington University District of Columbia GO | 4.300% | 9/15/44 | 4,825 | 5,224 |
Georgia Municipal Electric Power Authority Revenue | 6.637% | 4/1/57 | 13,000 | 16,664 |
Georgia Municipal Electric Power Authority Revenue | 6.655% | 4/1/57 | 6,730 | 8,477 |
Georgia Municipal Electric Power Authority Revenue | 7.055% | 4/1/57 | 3,700 | 4,560 |
Houston TX GO | 6.290% | 3/1/32 | 15,160 | 17,880 |
Illinois GO | 5.877% | 3/1/19 | 8,695 | 8,966 |
Illinois GO | 4.950% | 6/1/23 | 14,925 | 15,575 |
Illinois GO | 5.100% | 6/1/33 | 57,279 | 57,184 |
Illinois GO | 6.630% | 2/1/35 | 8,155 | 9,050 |
Illinois GO | 6.725% | 4/1/35 | 5,975 | 6,635 |
Illinois GO | 7.350% | 7/1/35 | 8,700 | 10,059 |
Illinois Toll Highway Authority Revenue | 6.184% | 1/1/34 | 5,130 | 6,658 |
JobsOhio Beverage System Statewide Liquor Profits | ||||
Revenue | 3.985% | 1/1/29 | 6,300 | 6,679 |
JobsOhio Beverage System Statewide Liquor Profits | ||||
Revenue | 4.532% | 1/1/35 | 4,100 | 4,589 |
Kansas Department of Transportation Highway | ||||
Revenue | 4.596% | 9/1/35 | 1,900 | 2,161 |
Kansas Development Finance Authority Revenue | 4.927% | 4/15/45 | 400 | 456 |
17 Kansas Development Finance Authority Revenue | ||||
(Public Employees Retirement System) | 5.501% | 5/1/34 | 4,300 | 5,048 |
Los Angeles CA Community College District GO | 6.750% | 8/1/49 | 3,025 | 4,695 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 5.716% | 7/1/39 | 3,840 | 5,066 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 6.166% | 7/1/40 | 1,550 | 1,696 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 6.574% | 7/1/45 | 2,700 | 4,064 |
Los Angeles CA Department of Water & Power | ||||
Revenue | 6.603% | 7/1/50 | 5,060 | 7,860 |
Los Angeles CA Unified School District GO | 5.750% | 7/1/34 | 10,100 | 12,879 |
Los Angeles CA Unified School District GO | 6.758% | 7/1/34 | 14,910 | 20,593 |
Los Angeles County CA Metropolitan Transportation | ||||
Authority Sales Tax Revenue | 5.735% | 6/1/39 | 8,500 | 10,724 |
Los Angeles County CA Public Works Financing | ||||
Authority Lease Revenue | 7.618% | 8/1/40 | 2,200 | 3,417 |
Maryland Transportation Authority Facilities Projects | ||||
Revenue | 5.888% | 7/1/43 | 2,330 | 3,108 |
Massachusetts GO | 4.200% | 12/1/21 | 5,020 | 5,264 |
Massachusetts GO | 4.500% | 8/1/31 | 400 | 459 |
Massachusetts GO | 5.456% | 12/1/39 | 5,250 | 6,689 |
119
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Massachusetts School Building Authority Dedicated | ||||
Sales Tax Revenue | 5.715% | 8/15/39 | 3,100 | 3,947 |
Massachusetts Transportation Fund Revenue | 5.731% | 6/1/40 | 1,000 | 1,304 |
Metropolitan Government of Nashville & Davidson | ||||
County TN Convention Center Authority Tourism Tax | ||||
Revenue | 6.731% | 7/1/43 | 2,260 | 3,120 |
Metropolitan Washington DC/VA Airports Authority | ||||
Dulles Toll Road Revenue | 7.462% | 10/1/46 | 6,425 | 9,858 |
Mississippi GO | 5.245% | 11/1/34 | 1,375 | 1,646 |
Missouri Health & Educational Facilities Authority | ||||
Revenue (Washington University) | 3.652% | 8/15/57 | 5,750 | 5,844 |
Missouri Highways & Transportation Commission Road | ||||
Revenue | 5.445% | 5/1/33 | 1,650 | 2,001 |
18 New Jersey Economic Development Authority | ||||
Revenue (State Pension Funding) | 7.425% | 2/15/29 | 15,525 | 19,417 |
New Jersey Transportation Trust Fund Authority | ||||
Transportation System Revenue | 5.754% | 12/15/28 | 12,075 | 13,862 |
New Jersey Transportation Trust Fund Authority | ||||
Transportation System Revenue | 6.104% | 12/15/28 | 11,355 | 11,917 |
New Jersey Transportation Trust Fund Authority | ||||
Transportation System Revenue | 6.561% | 12/15/40 | 8,635 | 11,442 |
New Jersey Turnpike Authority Revenue | 7.414% | 1/1/40 | 14,050 | 21,686 |
New Jersey Turnpike Authority Revenue | 7.102% | 1/1/41 | 15,750 | 23,529 |
New York City NY GO | 6.246% | 6/1/35 | 2,150 | 2,342 |
New York City NY GO | 5.517% | 10/1/37 | 7,150 | 9,019 |
New York City NY GO | 6.271% | 12/1/37 | 1,950 | 2,633 |
New York City NY Housing Development Corp. Multi- | ||||
Family Mortgage Revenue (8 Spruce Street) | 3.709% | 2/15/48 | 150 | 153 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.750% | 6/15/41 | 1,435 | 1,959 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.724% | 6/15/42 | 395 | 535 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.952% | 6/15/42 | 2,900 | 4,052 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 6.011% | 6/15/42 | 1,050 | 1,477 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.440% | 6/15/43 | 4,400 | 5,789 |
New York City NY Municipal Water Finance Authority | ||||
Water & Sewer System Revenue | 5.882% | 6/15/44 | 19,675 | 27,219 |
New York City NY Transitional Finance Authority Future | ||||
Tax Revenue | 5.767% | 8/1/36 | 4,675 | 5,869 |
New York City NY Transitional Finance Authority Future | ||||
Tax Revenue | 5.508% | 8/1/37 | 8,550 | 10,878 |
New York Metropolitan Transportation Authority | ||||
Revenue (Dedicated Tax Fund) | 7.336% | 11/15/39 | 20,405 | 31,574 |
New York Metropolitan Transportation Authority | ||||
Revenue (Transit Revenue) | 5.871% | 11/15/39 | 1,950 | 2,513 |
New York Metropolitan Transportation Authority | ||||
Revenue (Transit Revenue) | 6.668% | 11/15/39 | 200 | 283 |
New York State Dormitory Authority Revenue (Personal | ||||
Income Tax) | 5.628% | 3/15/39 | 2,140 | 2,673 |
New York State Dormitory Authority Revenue (Personal | ||||
Income Tax) | 5.600% | 3/15/40 | 765 | 982 |
New York State Urban Development Corp. Revenue | ||||
(Personal Income Tax) | 5.770% | 3/15/39 | 5,775 | 7,060 |
New York University Hospitals Center Revenue | 5.750% | 7/1/43 | 4,780 | 6,215 |
North Texas Tollway Authority System Revenue | 6.718% | 1/1/49 | 10,730 | 16,323 |
Ohio State University General Receipts Revenue | 4.910% | 6/1/40 | 9,260 | 11,218 |
Ohio State University General Receipts Revenue | 3.798% | 12/1/46 | 2,550 | 2,634 |
Ohio State University General Receipts Revenue | 4.800% | 6/1/11 | 3,200 | 3,594 |
Ohio Water Development Authority Water Pollution | ||||
Control Loan Fund Revenue | 4.879% | 12/1/34 | 2,550 | 2,939 |
120
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
Oregon Department of Transportation Highway User | ||||
Tax Revenue | 5.834% | 11/15/34 | 2,425 | 3,123 |
Oregon GO | 5.892% | 6/1/27 | 2,730 | 3,283 |
17 Oregon School Boards Association GO | 5.528% | 6/30/28 | 1,200 | 1,385 |
18 Oregon School Boards Association GO | 5.680% | 6/30/28 | 1,375 | 1,625 |
Pennsylvania Public School Building Authority Lease | ||||
Revenue (School District of Philadelphia) | 5.000% | 9/15/27 | 2,617 | 2,927 |
Pennsylvania Turnpike Commission Revenue | 5.511% | 12/1/45 | 2,150 | 2,812 |
Port Authority of New York & New Jersey Revenue | 6.040% | 12/1/29 | 2,550 | 3,249 |
Port Authority of New York & New Jersey Revenue | 5.647% | 11/1/40 | 6,355 | 8,335 |
Port Authority of New York & New Jersey Revenue | 5.647% | 11/1/40 | 11,975 | 15,707 |
Port Authority of New York & New Jersey Revenue | 4.960% | 8/1/46 | 6,300 | 7,808 |
Port Authority of New York & New Jersey Revenue | 5.310% | 8/1/46 | 4,625 | 5,180 |
Port Authority of New York & New Jersey Revenue | 4.926% | 10/1/51 | 3,600 | 4,448 |
Port Authority of New York & New Jersey Revenue | 4.458% | 10/1/62 | 21,900 | 25,289 |
Port Authority of New York & New Jersey Revenue | 4.810% | 10/15/65 | 5,500 | 6,700 |
President & Fellows of Harvard College Massachusetts | ||||
GO | 4.875% | 10/15/40 | 6,100 | 7,592 |
President & Fellows of Harvard College Massachusetts | ||||
GO | 3.150% | 7/15/46 | 5,962 | 5,793 |
Princeton University New Jersey GO | 4.950% | 3/1/19 | 100 | 103 |
Princeton University New Jersey GO | 5.700% | 3/1/39 | 9,740 | 12,882 |
Regents of the University of California Revenue | 3.063% | 7/1/25 | 10,500 | 10,614 |
Regional Transportation District of Colorado Sales Tax | ||||
Revenue | 5.844% | 11/1/50 | 3,400 | 4,632 |
Rutgers State University New Jersey Revenue | 5.665% | 5/1/40 | 3,225 | 3,961 |
Sales Tax Securitization Corp. Illinois Revenue | 3.587% | 1/1/43 | 4,000 | 3,993 |
Salt River Project Arizona Agricultural Improvement & | ||||
Power District Revenue | 4.839% | 1/1/41 | 3,700 | 4,453 |
San Antonio TX Electric & Gas Systems Revenue | 5.985% | 2/1/39 | 4,335 | 5,837 |
San Antonio TX Electric & Gas Systems Revenue | 5.808% | 2/1/41 | 6,750 | 8,972 |
San Antonio TX Electric & Gas Systems Revenue | 4.427% | 2/1/42 | 5,300 | 6,122 |
San Diego County CA Regional Transportation | ||||
Commission Sales Tax Revenue | 5.911% | 4/1/48 | 2,225 | 3,046 |
San Diego County CA Water Authority Revenue | 6.138% | 5/1/49 | 11,720 | 16,557 |
San Francisco CA City & County Public Utilities | ||||
Commission Water Revenue | 6.950% | 11/1/50 | 4,950 | 7,394 |
San Jose California Redevelopment Agency Successor | ||||
Agency Tax Allocation | 3.375% | 8/1/34 | 4,940 | 4,867 |
Santa Clara Valley CA Transportation Authority Sales | ||||
Tax Revenue | 5.876% | 4/1/32 | 8,800 | 10,664 |
South Carolina Public Service Authority Revenue | 2.388% | 12/1/23 | 4,250 | 4,046 |
South Carolina Public Service Authority Revenue | 6.454% | 1/1/50 | 8,750 | 11,876 |
Stanford University California GO | 4.750% | 5/1/19 | 30 | 31 |
Texas GO | 5.517% | 4/1/39 | 8,265 | 10,850 |
Texas Transportation Commission Revenue | 5.178% | 4/1/30 | 5,035 | 6,049 |
Texas Transportation Commission Revenue | 4.631% | 4/1/33 | 8,450 | 9,598 |
Texas Transportation Commission Revenue | 4.681% | 4/1/40 | 2,850 | 3,372 |
University of California Regents Medical Center | ||||
Revenue | 6.548% | 5/15/48 | 3,950 | 5,600 |
University of California Regents Medical Center | ||||
Revenue | 6.583% | 5/15/49 | 2,575 | 3,622 |
University of California Revenue | 6.270% | 5/15/31 | 500 | 525 |
University of California Revenue | 5.770% | 5/15/43 | 1,120 | 1,465 |
University of California Revenue | 5.946% | 5/15/45 | 13,100 | 17,157 |
University of California Revenue | 4.858% | 5/15/12 | 17,090 | 19,077 |
University of California Revenue | 4.767% | 5/15/15 | 8,100 | 8,856 |
University of Southern California GO | 5.250% | 10/1/11 | 3,400 | 4,239 |
University of Texas Permanent University Fund | ||||
Revenue | 3.376% | 7/1/47 | 5,800 | 5,826 |
University of Texas Revenue | 3.354% | 8/15/47 | 3,200 | 3,218 |
University of Texas System Revenue Financing System | ||||
Revenue | 6.276% | 8/15/41 | 1,535 | 1,639 |
121
Vanguard® Total Bond Market Index Fund | ||||
Schedule of Investments | ||||
December 31, 2017 | ||||
Face | Market | |||
Maturity | Amount | Value | ||
Coupon | Date | ($000) | ($000) | |
University of Texas System Revenue Financing System | ||||
Revenue | 5.134% | 8/15/42 | 100 | 124 |
University of Texas System Revenue Financing System | ||||
Revenue | 4.794% | 8/15/46 | 1,710 | 2,054 |
University of Virginia Revenue | 4.179% | 9/1/17 | 3,500 | 3,650 |
Utah GO | 4.554% | 7/1/24 | 2,425 | 2,623 |
Utah GO | 3.539% | 7/1/25 | 8,710 | 9,079 |
Washington GO | 5.140% | 8/1/40 | 5,935 | 7,491 |
Wisconsin Annual Appropriation Revenue | 3.954% | 5/1/36 | 17,970 | 18,690 |
Wisconsin General Fund Annual Appropriation Revenue | 3.154% | 5/1/27 | 3,100 | 3,143 |
17 Wisconsin GO | 5.700% | 5/1/26 | 1,335 | 1,531 |
Total Taxable Municipal Bonds (Cost $1,253,803) | 1,445,864 | |||
Market | ||||
Value | ||||
Coupon | Shares | ($000) | ||
Temporary Cash Investment (2.5%) | ||||
Money Market Fund (2.5%) | ||||
19 Vanguard Market Liquidity Fund (Cost | ||||
$4,937,892) | 1.458% | 49,376,526 | 4,938,146 | |
Total Investments (102.0%) (Cost $197,844,074) | 199,792,005 | |||
Other Assets and Liabilities—Net (-2.0%) | (3,920,187) | |||
Net Assets (100%) | 195,871,818 |
1 Securities with a value of $3,610,000 have been segregated as collateral for certain open To Be Announced (TBA) transactions.
2 U.S. government-guaranteed.
3 The issuer operates under a congressional charter; its securities are generally neither guaranteed by the U.S. Treasury nor backed by the full
faith and credit of the U.S. government.
4 The issuer was placed under federal conservatorship in September 2008; since that time, its daily operations have been managed by the Federal
Housing Finance Agency and it receives capital from the U.S. Treasury, as needed to maintain a positive net worth, in exchange for senior
preferred stock.
5 The average or expected maturity is shorter than the final maturity shown because of the possibility of interim principal payments and
prepayments or the possibility of the issue being called.
6 Includes securities purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of December 31, 2017.
7 Adjustable-rate security based upon 6-month USD LIBOR plus spread.
8 Adjustable-rate security based upon 12-month USD LIBOR plus spread.
9 Adjustable-rate security based upon one-year Constant Maturity Treasury yield plus spread.
10 Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from
registration, normally to qualified institutional buyers. At December 31, 2017, the aggregate value of these securities was $1,899,549,000,
representing 1.0% of net assets.
11 Security value determined using significant unobservable inputs.
12 Guaranteed by the Government of Canada.
13 Guaranteed by the Federal Republic of Germany.
14 Guaranteed by the Government of Japan.
15 Guaranteed by the Republic of Austria.
16 Guaranteed by the Republic of the Philippines.
17 Scheduled principal and interest payments are guaranteed by AGM (Assured Guaranty Municipal Corporation).
18 Scheduled principal and interest payments are guaranteed by National Public Finance Guarantee Corp.
19 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day
yield.
GO—General Obligation Bond.
REIT—Real Estate Investment Trust.
122
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© 2018 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.
SNA840 022018
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Vanguard Bond Index Funds and Shareholders of Vanguard Total Bond
Market Index Fund
Opinion on the Financial Statements
We have audited the accompanying statement of net assets—investments summary of Vanguard Total
Bond Market Index Fund (one of the funds constituting Vanguard Bond Index Funds, referred to hereafter
as the "Fund”) as of December 31, 2017, the related statement of operations for the year ended
December 31, 2017, the statement of changes in net assets for each of the two years in the period ended
December 31, 2017, including the related notes, and the financial highlights for each of the periods
indicated therein (included in Item 1 of this Form N-CSR) and the schedule of investments (included in
Item 6 of this Form N-CSR) as of December 31, 2017 (collectively referred to as the “financial
statements”). In our opinion, the financial statements present fairly, in all material respects, the financial
position of the Fund as of December 31, 2017, the results of its operations for the year then ended, the
changes in its net assets for each of the two years in the period ended December 31, 2017 and the financial
highlights for each of the periods indicated therein in conformity with accounting principles generally
accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Fund’s management. Our responsibility is to
express an opinion on the Fund’s financial statements based on our audits. We are a public accounting
firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are
required to be independent with respect to the Fund in accordance with the U.S. federal securities laws
and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB.
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether
the financial statements are free of material misstatement, whether due to error or fraud.
Our audits included performing procedures to assess the risks of material misstatement of the financial
statements, whether due to error or fraud, and performing procedures that respond to those risks. Such
procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the
financial statements. Our audits also included evaluating the accounting principles used and significant
estimates made by management, as well as evaluating the overall presentation of the financial statements.
Our procedures included confirmation of securities owned as of December 31, 2017 by correspondence
with the custodian and brokers and by agreement to the underlying ownership records of the transfer
agent; when replies were not received from brokers, we performed other auditing procedures. We believe
that our audits provide a reasonable basis for our opinion.
February 14, 2018
We have served as the auditor of one or more investment companies in The Vanguard Group of Funds since 1975.
PricewaterhouseCoopers LLP, Two Commerce Square, Suite 1800, 2001 Market Street, Philadelphia, PA 19103-7042
T: (267) 330 3000, F: (267) 330 3300, www.pwc.com/us
Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not Applicable.
Item 8: Portfolio Managers of Closed-End Management Investment Companies.
Not Applicable.
Item 9: Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated
Purchasers.
Not Applicable.
Item 10: Submission of Matters to a Vote of Security Holders.
Not Applicable.
Item 11: Controls and Procedures.
(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers
concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation
of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.
(b) Internal Control Over Financial Reporting. There were no significant changes in Registrant’s
Internal Control Over Financial Reporting or in other factors that could significantly affect this control
subsequent to the date of the evaluation, including any corrective actions with regard to significant
deficiencies and material weaknesses.
Item 12: Disclosure of Securities Lending Activities for Closed-End Management
Investment Companies.
Not Applicable.
Item 13: Exhibits.
(a) Code of Ethics. (b) Certifications.
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
VANGUARD BOND INDEX FUNDS | |
By: | /s/ MORTIMER J. BUCKLEY* |
MORTIMER J. BUCKLEY* | |
CHIEF EXECUTIVE OFFICER | |
Date: February 20, 2018 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
VANGUARD BOND INDEX FUNDS | |
By: | /s/ MORTIMER J. BUCKLEY* |
MORTIMER J. BUCKLEY* | |
CHIEF EXECUTIVE OFFICER | |
Date: February 20, 2018 |
VANGUARD BOND INDEX FUNDS | |
By: | /s/ THOMAS J. HIGGINS* |
THOMAS J. HIGGINS | |
CHIEF FINANCIAL OFFICER | |
Date: February 20, 2018 |
* By: /s/ Anne E. Robinson
Anne E. Robinson, pursuant to a Power of Attorney filed on January 18, 2018 see file Number 33-32216, Incorporated by Reference.