NPORT-EX 2 vg_longtermtreasury.htm
Vanguard® Long-Term Treasury Index Fund
Schedule of Investments (unaudited)
As of November 30, 2025
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
      Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
U.S. Government and Agency Obligations (99.1%)
U.S. Government Securities (99.1%)
  United States Treasury Note/Bond 4.500% 2/15/2036 32,313 33,743
  United States Treasury Note/Bond 4.750% 2/15/2037 13,969 14,820
  United States Treasury Note/Bond 5.000% 5/15/2037 23,978 25,971
  United States Treasury Note/Bond 4.375% 2/15/2038 28,338 28,959
  United States Treasury Note/Bond 4.500% 5/15/2038 32,688 33,730
  United States Treasury Note/Bond 3.500% 2/15/2039 32,532 30,078
  United States Treasury Note/Bond 4.250% 5/15/2039 59,485 59,134
  United States Treasury Note/Bond 4.500% 8/15/2039 62,511 63,565
  United States Treasury Note/Bond 4.375% 11/15/2039 65,092 65,150
  United States Treasury Note/Bond 4.625% 2/15/2040 67,002 68,727
  United States Treasury Note/Bond 1.125% 5/15/2040 195,696 126,530
  United States Treasury Note/Bond 4.375% 5/15/2040 64,900 64,748
  United States Treasury Note/Bond 1.125% 8/15/2040 240,981 154,190
  United States Treasury Note/Bond 3.875% 8/15/2040 63,938 60,129
  United States Treasury Note/Bond 1.375% 11/15/2040 271,836 179,837
  United States Treasury Note/Bond 4.250% 11/15/2040 64,054 62,753
  United States Treasury Note/Bond 1.875% 2/15/2041 304,324 216,641
  United States Treasury Note/Bond 4.750% 2/15/2041 67,171 69,482
  United States Treasury Note/Bond 2.250% 5/15/2041 243,730 182,807
  United States Treasury Note/Bond 4.375% 5/15/2041 63,449 62,857
  United States Treasury Note/Bond 1.750% 8/15/2041 349,075 240,098
  United States Treasury Note/Bond 3.750% 8/15/2041 63,505 58,233
  United States Treasury Note/Bond 2.000% 11/15/2041 309,081 219,930
  United States Treasury Note/Bond 3.125% 11/15/2041 66,303 55,822
  United States Treasury Note/Bond 2.375% 2/15/2042 242,549 181,912
  United States Treasury Note/Bond 3.125% 2/15/2042 71,034 59,543
  United States Treasury Note/Bond 3.000% 5/15/2042 65,210 53,470
  United States Treasury Note/Bond 3.250% 5/15/2042 209,981 178,492
  United States Treasury Note/Bond 2.750% 8/15/2042 75,419 59,393
  United States Treasury Note/Bond 3.375% 8/15/2042 191,455 164,958
  United States Treasury Note/Bond 2.750% 11/15/2042 110,983 87,000
  United States Treasury Note/Bond 4.000% 11/15/2042 196,404 183,507
  United States Treasury Note/Bond 3.125% 2/15/2043 94,529 77,954
  United States Treasury Note/Bond 3.875% 2/15/2043 192,713 176,844
  United States Treasury Note/Bond 2.875% 5/15/2043 149,490 118,325
  United States Treasury Note/Bond 3.875% 5/15/2043 198,319 181,594
  United States Treasury Note/Bond 3.625% 8/15/2043 107,626 94,791
  United States Treasury Note/Bond 4.375% 8/15/2043 210,816 205,521
  United States Treasury Note/Bond 3.750% 11/15/2043 114,673 102,601
  United States Treasury Note/Bond 4.750% 11/15/2043 211,695 216,061
  United States Treasury Note/Bond 3.625% 2/15/2044 120,559 105,677
  United States Treasury Note/Bond 4.500% 2/15/2044 211,254 208,754
  United States Treasury Note/Bond 3.375% 5/15/2044 107,909 90,985
  United States Treasury Note/Bond 4.625% 5/15/2044 211,357 211,977
  United States Treasury Note/Bond 3.125% 8/15/2044 141,255 114,268
  United States Treasury Note/Bond 4.125% 8/15/2044 211,244 198,050
  United States Treasury Note/Bond 3.000% 11/15/2044 118,451 93,682
  United States Treasury Note/Bond 4.625% 11/15/2044 211,196 211,328
  United States Treasury Note/Bond 2.500% 2/15/2045 158,434 114,766
  United States Treasury Note/Bond 4.750% 2/15/2045 208,852 212,140
  United States Treasury Note/Bond 3.000% 5/15/2045 73,688 57,980
  United States Treasury Note/Bond 5.000% 5/15/2045 210,721 220,920
  United States Treasury Note/Bond 2.875% 8/15/2045 96,360 73,960
  United States Treasury Note/Bond 4.875% 8/15/2045 209,084 215,618
  United States Treasury Note/Bond 3.000% 11/15/2045 56,319 44,052
1 United States Treasury Note/Bond 4.625% 11/15/2045 67,534 67,471
  United States Treasury Note/Bond 2.500% 2/15/2046 114,745 81,846
  United States Treasury Note/Bond 2.500% 5/15/2046 114,473 81,401
  United States Treasury Note/Bond 2.250% 8/15/2046 159,102 107,363
  United States Treasury Note/Bond 2.875% 11/15/2046 55,879 42,308
  United States Treasury Note/Bond 3.000% 2/15/2047 116,257 89,704
  United States Treasury Note/Bond 3.000% 5/15/2047 93,553 72,033
      Coupon Maturity
Date 		Face
Amount
($000) 		Market
Value
($000)
  United States Treasury Note/Bond 2.750% 8/15/2047 159,381 116,790
  United States Treasury Note/Bond 2.750% 11/15/2047 161,195 117,805
  United States Treasury Note/Bond 3.000% 2/15/2048 183,923 140,442
  United States Treasury Note/Bond 3.125% 5/15/2048 195,554 152,349
  United States Treasury Note/Bond 3.000% 8/15/2048 216,399 164,319
  United States Treasury Note/Bond 3.375% 11/15/2048 220,549 178,912
  United States Treasury Note/Bond 3.000% 2/15/2049 233,752 176,839
  United States Treasury Note/Bond 2.875% 5/15/2049 226,578 166,951
  United States Treasury Note/Bond 2.250% 8/15/2049 215,049 138,774
  United States Treasury Note/Bond 2.375% 11/15/2049 199,735 132,036
  United States Treasury Note/Bond 2.000% 2/15/2050 251,039 151,800
  United States Treasury Note/Bond 1.250% 5/15/2050 287,663 142,674
  United States Treasury Note/Bond 1.375% 8/15/2050 331,092 168,391
  United States Treasury Note/Bond 1.625% 11/15/2050 329,256 178,724
  United States Treasury Note/Bond 1.875% 2/15/2051 367,772 212,388
  United States Treasury Note/Bond 2.375% 5/15/2051 366,915 238,624
  United States Treasury Note/Bond 2.000% 8/15/2051 364,713 215,993
  United States Treasury Note/Bond 1.875% 11/15/2051 343,396 196,326
  United States Treasury Note/Bond 2.250% 2/15/2052 313,526 196,444
  United States Treasury Note/Bond 2.875% 5/15/2052 297,969 214,712
  United States Treasury Note/Bond 3.000% 8/15/2052 283,631 209,477
  United States Treasury Note/Bond 4.000% 11/15/2052 283,542 253,094
  United States Treasury Note/Bond 3.625% 2/15/2053 281,822 235,101
  United States Treasury Note/Bond 3.625% 5/15/2053 285,130 237,582
  United States Treasury Note/Bond 4.125% 8/15/2053 313,179 285,556
  United States Treasury Note/Bond 4.750% 11/15/2053 328,442 331,739
  United States Treasury Note/Bond 4.250% 2/15/2054 341,975 318,504
  United States Treasury Note/Bond 4.625% 5/15/2054 341,896 338,945
  United States Treasury Note/Bond 4.250% 8/15/2054 343,045 319,447
  United States Treasury Note/Bond 4.500% 11/15/2054 342,472 332,639
  United States Treasury Note/Bond 4.625% 2/15/2055 342,848 339,995
  United States Treasury Note/Bond 4.750% 5/15/2055 343,041 347,235
  United States Treasury Note/Bond 4.750% 8/15/2055 341,672 345,956
  United States Treasury Note/Bond 4.625% 11/15/2055 105,636 104,856
Total U.S. Government and Agency Obligations (Cost $15,584,821) 14,437,602
          Shares  
Temporary Cash Investments (1.0%)
Money Market Fund (1.0%)
2 Vanguard Market Liquidity Fund (Cost $150,392) 4.024%   1,503,933 150,393
Total Investments (100.1%) (Cost $15,735,213)   14,587,995
Other Assets and Liabilities—Net (-0.1%)   (9,776)
Net Assets (100%)   14,578,219
Cost is in $000.
1 Includes securities purchased on a when-issued or delayed-delivery basis for which the fund has not taken delivery as of November 30, 2025.
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.
A.  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 other 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 valuation designee to represent fair value and subject to oversight by the board of trustees.
B.  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 Schedule of Investments.
The following table summarizes the market value of the fund's investments as of November 30, 2025, based on the inputs used to value them:
  Level 1
($000) 		Level 2
($000) 		Level 3
($000) 		Total
($000)
Investments        
Assets        
U.S. Government and Agency Obligations — 14,437,602 — 14,437,602
Temporary Cash Investments 150,393 — — 150,393
Total 150,393 14,437,602 — 14,587,995