| Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
| U.S. Government and Agency Obligations (100.0%) | ||||||
| U.S. Government Securities (100.0%) | ||||||
| United States Treasury Strip Coupon | 0.000% | 5/15/2046 | 62,000 | 21,937 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2046 | 211,359 | 73,778 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2046 | 211,453 | 72,786 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2047 | 201,285 | 68,366 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2047 | 200,826 | 67,489 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2047 | 193,753 | 64,249 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2047 | 193,156 | 63,394 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2048 | 188,564 | 61,040 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2048 | 185,993 | 59,452 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2048 | 188,132 | 59,357 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2048 | 182,211 | 56,792 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2049 | 182,025 | 55,980 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2049 | 179,797 | 54,613 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2049 | 199,780 | 59,817 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2049 | 204,534 | 60,641 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2050 | 184,409 | 53,875 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2050 | 205,095 | 58,973 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2050 | 203,083 | 57,791 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2050 | 201,436 | 56,630 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2051 | 194,780 | 54,059 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2051 | 191,751 | 52,544 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2051 | 208,077 | 56,449 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2051 | 205,228 | 55,035 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2052 | 203,301 | 53,676 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2052 | 203,910 | 53,168 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2052 | 200,869 | 51,802 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2052 | 194,836 | 49,341 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2053 | 190,294 | 47,945 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2053 | 201,044 | 49,908 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2053 | 202,271 | 49,738 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2053 | 206,195 | 50,075 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2054 | 204,681 | 48,996 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2054 | 217,000 | 51,605 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2054 | 208,209 | 49,490 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2054 | 217,917 | 51,568 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2055 | 224,769 | 52,619 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2055 | 208,535 | 48,574 | ||
| United States Treasury Strip Coupon | 0.000% | 8/15/2055 | 62,812 | 14,466 | ||
| United States Treasury Strip Coupon | 0.000% | 11/15/2055 | 20,603 | 4,727 | ||
| United States Treasury Strip Coupon | 0.000% | 2/15/2056 | 22,497 | 5,117 | ||
| United States Treasury Strip Coupon | 0.000% | 5/15/2056 | 11,623 | 2,589 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2046 | 203,998 | 72,882 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2046 | 178,445 | 62,874 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2047 | 178,143 | 61,960 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2047 | 183,775 | 63,122 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2047 | 185,587 | 62,831 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2047 | 178,029 | 59,487 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2048 | 176,580 | 58,230 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2048 | 162,249 | 52,794 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2048 | 173,675 | 55,786 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2048 | 173,608 | 55,080 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2049 | 172,306 | 53,940 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2049 | 168,683 | 52,107 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2049 | 165,474 | 50,483 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2049 | 171,765 | 51,724 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2050 | 175,577 | 52,221 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2050 | 175,100 | 51,627 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2050 | 181,717 | 52,783 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2050 | 185,666 | 53,161 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2051 | 189,230 | 53,413 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2051 | 195,530 | 54,481 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2051 | 196,542 | 54,118 | ||
| Coupon | Maturity Date | Face Amount ($000) | Market Value ($000) | |||
| United States Treasury Strip Principal | 0.000% | 11/15/2051 | 190,042 | 51,764 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2052 | 185,030 | 49,727 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2052 | 187,754 | 49,938 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2052 | 187,948 | 49,344 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2052 | 180,985 | 47,007 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2053 | 181,569 | 46,598 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2053 | 185,503 | 47,093 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2053 | 186,224 | 46,840 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2053 | 190,527 | 47,505 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2054 | 196,660 | 48,412 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2054 | 195,555 | 47,743 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2054 | 195,692 | 47,257 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2054 | 199,294 | 47,597 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2055 | 204,788 | 48,429 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2055 | 207,819 | 48,594 | ||
| United States Treasury Strip Principal | 0.000% | 8/15/2055 | 305,464 | 70,698 | ||
| United States Treasury Strip Principal | 0.000% | 11/15/2055 | 392,891 | 90,058 | ||
| United States Treasury Strip Principal | 0.000% | 2/15/2056 | 368,205 | 83,652 | ||
| United States Treasury Strip Principal | 0.000% | 5/15/2056 | 203,945 | 45,808 | ||
| Total U.S. Government and Agency Obligations (Cost $5,307,080) | 4,279,619 | |||||
| Shares | ||||||
| Temporary Cash Investments (0.0%) | ||||||
| Money Market Fund (0.0%) | ||||||
| 1 | Vanguard Market Liquidity Fund (Cost $201) | 3.667% | 2,007 | 201 | ||
| Total Investments (100.0%) (Cost $5,307,281) | 4,279,820 | |||||
| Other Assets and Liabilities—Net (0.0%) | (57) | |||||
| Net Assets (100%) | 4,279,763 | |||||
| Cost is in $000. |
| 1 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
| Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
| Investments | ||||
| Assets | ||||
| U.S. Government and Agency Obligations | — | 4,279,619 | — | 4,279,619 |
| Temporary Cash Investments | 201 | — | — | 201 |
| Total | 201 | 4,279,619 | — | 4,279,820 |