Release Date Vanguard® 500 Index Fund - Admiral™ Shares 06-30-21 .......................................................................................................................................................................................................................................................................................................................................... Category Large Blend Investment Objective & Strategy Portfolio Analysis From the investment's prospectus Composition as of 06-30-21 % Assets Morningstar Style Box™ as of 06-30-21 % Mkt Cap The investment seeks to track the performance of the U.S. Stocks 99.0 Large Giant 51.39 .......................................................... Standard & Poor‘s 500 Index that measures the investment Non-U.S. Stocks 1.0 Mid Large 33.89 return of large-capitalization stocks. Bonds 0.0 Medium 14.65 The fund employs an indexing investment approach Cash 0.0 Small Small 0.07 designed to track the performance of the Standard & Poor's Other 0.0 .......................................................... Micro 0.00 500 Index, a widely recognized benchmark of U.S. stock Value Blend Growth market performance that is dominated by the stocks of large U.S. companies. The advisor attempts to replicate the target Top 10 Holdings as of 06-30-21 % Assets Morningstar Equity Sectors as of 06-30-21 % Fund index by investing all, or substantially all, of its assets in the Apple Inc 5.92 h Cyclical 31.06 ........................................................................................................ stocks that make up the index, holding each stock in Microsoft Corp 5.62 r Basic Materials 2.27 approximately the same proportion as its weighting in the Amazon.com Inc 4.06 t Consumer Cyclical 12.01 index. Facebook Inc Class A 2.29 y Financial Services 14.20 Alphabet Inc Class A 2.02 ....................................................................................................... u Real Estate 2.58 Alphabet Inc Class C 1.97 Volatility and Risk j Sensitive 47.08 ........................................................................................................ Volatility as of 06-30-21 Berkshire Hathaway Inc Class B 1.44 Investment Tesla Inc 1.44 i Communication Services 11.14 o Energy 2.84 Low Moderate High NVIDIA Corp 1.37 JPMorgan Chase & Co 1.30 p Industrials 8.86 Category a Technology 24.24 k Defensive 21.85 Risk Measures as of 06-30-21 Port Avg Rel S&P 500 Rel Cat ........................................................................................................ 3 Yr Std Dev 18.52 1.00 0.97 s Consumer Defensive 6.32 3 Yr Beta 1.00 . 1.00 d Healthcare 13.10 f Utilities 2.43 Principal Risks Loss of Money, Not FDIC Insured, Market/Market Volatility, Operations Equity Securities, ETF, Early Close/Late Close/Trading Halt, Gross Prosp Exp Ratio 0.04% of fund assets Waiver Data Type Exp. Date % Management, Market Trading Net Prosp Exp Ratio 0.04% of fund assets . Management Fee 0.04% Important Information 12b-1 Fee . Portfolio Manager(s) Morningstar Investment Profiles must be accompanied Other Fee . Donald Butler, CFA. Since 2016. by Morningstar Disclosure and Glossary. Miscellaneous Fee(s) 0.00% Michelle Louie, CFA. Since 2017. Fund Inception Date 11-13-00 ................................................................................................ Funds or their affiliates may pay compensation to Voya® Total Fund Assets ($mil) 520,753.7 Advisor Vanguard Group Inc affiliates offering a fund. Such compensation may be paid out Annual Turnover Ratio % 4.00 Subadvisor . of distribution, service and/or 12b-1 fees that are deducted Fund Family Name Vanguard from the fund's assets, and/or may be paid directly by the fund's affiliates. Any fees deducted from fund assets are Notes discussed in the fund's prospectus and disclosed in the fund fact sheet. Because these fees are paid on an on-going basis, over time these fees will increase the cost of your investment and may cost you more than paying other types of sales charges. If offered through a retirement program, additional fees and expenses may be charged under that program. NOT A DEPOSIT. NOT FDIC INSURED. NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY. NOT GUARANTEED BY THE INSTITUTION. MAY GO DOWN IN VALUE. ©2021 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) ® 13.899-221 (07/21) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from ß any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com. CN1028811_1221.