0000857490 vvif:VVIFMember vvif:S000033473Member 2024-04-26 2024-04-26 0000857490 2024-04-26 2024-04-26 0000857490 vvif:VVIFMember vvif:S000033473Member vvif:C000102905Member 2024-04-26 2024-04-26 0000857490 vvif:VVIFMember vvif:S000033474Member 2024-04-26 2024-04-26 0000857490 vvif:VVIFMember vvif:S000033474Member vvif:C000102906Member 2024-04-26 2024-04-26 0000857490 vvif:TotalInternationalStockMarketIndexPortfolioMember vvif:S000058616Member 2024-04-26 2024-04-26 0000857490 vvif:TotalInternationalStockMarketIndexPortfolioMember vvif:S000058616Member vvif:C000192543Member 2024-04-26 2024-04-26 pure iso4217:USD 2023-12-31 VANGUARD VARIABLE INSURANCE FUNDS 0000857490 false 2025-02-03 2025-02-03 N-1A 497 Vanguard Variable Insurance Funds — Conservative Allocation PortfolioVanguard Variable Insurance Funds — Moderate Allocation PortfolioSupplement to the Prospectus and Summary Prospectuses Dated April 26, 2024As approved by Vanguard Variable Insurance Funds’ Board of Trustees, Vanguard Variable Insurance Funds — Conservative Allocation Portfolio and Vanguard Variable Insurance Funds — Moderate Allocation Portfolio (each, a Portfolio) have reduced their expense ratios. Effective February 3, 2025, the Annual Portfolio Operating Expenses table and the hypothetical expenses example for each Portfolio are hereby deleted and replaced with the following:Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds — Conservative Allocation PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Management Fees0.0012b-1 Distribution FeeNoneOther Expenses0.00Acquired Fund Fees and Expenses0.12Total Annual Portfolio Operating Expenses0.121The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests.ExampleThe following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:1 Year3 Years5 Years10 Years$12$39$68$154Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds – Moderate Allocation PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Management Fees0.0012b-1 Distribution FeeNoneOther Expenses0.00Acquired Fund Fees and Expenses0.12Total Annual Portfolio Operating Expenses0.121The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests.ExampleThe following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:1 Year3 Years5 Years10 Years$12$39$68$154© 2025 The Vanguard Group, Inc. All rights reserved.Vanguard Marketing Corporation, Distributor.PS 710A 022025Vanguard Variable Insurance Funds — Total International Stock Market Index PortfolioSupplement to the Prospectus and Summary Prospectus Dated April 26, 2024As approved by Vanguard Variable Insurance Funds’ Board of Trustees, Vanguard Variable Insurance Funds — Total International Stock Market Index Portfolio (the Portfolio) has reduced its expense ratio. Effective February 3, 2025, the Annual Portfolio Operating Expenses table and the hypothetical expenses example for the Portfolio are hereby deleted and replaced with the following:Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds — Total International Stock Market Index PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Management Fees0.0012b-1 Distribution FeeNoneOther Expenses0.00Acquired Fund Fees and Expenses0.08Total Annual Portfolio Operating Expenses0.081The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests.ExampleThe following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:1 Year3 Years5 Years10 Years$8$26$45$103© 2025 The Vanguard Group, Inc. All rights reserved.Vanguard Marketing Corporation, Distributor.PS 802A 022025 Vanguard Variable Insurance Funds — Conservative Allocation PortfolioVanguard Variable Insurance Funds — Moderate Allocation PortfolioSupplement to the Prospectus and Summary Prospectuses Dated April 26, 2024As approved by Vanguard Variable Insurance Funds’ Board of Trustees, Vanguard Variable Insurance Funds — Conservative Allocation Portfolio and Vanguard Variable Insurance Funds — Moderate Allocation Portfolio (each, a Portfolio) have reduced their expense ratios. Effective February 3, 2025, the Annual Portfolio Operating Expenses table and the hypothetical expenses example for each Portfolio are hereby deleted and replaced with the following:Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds — Conservative Allocation PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Management Fees0.0012b-1 Distribution FeeNoneOther Expenses0.00Acquired Fund Fees and Expenses0.12Total Annual Portfolio Operating Expenses0.121The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests.ExampleThe following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:1 Year3 Years5 Years10 Years$12$39$68$154 2024-04-26 Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds — Conservative Allocation PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0000 0 0.0000 0.0012 0.0012 Example The following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 12 39 68 154 Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds – Moderate Allocation PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Management Fees0.0012b-1 Distribution FeeNoneOther Expenses0.00Acquired Fund Fees and Expenses0.12Total Annual Portfolio Operating Expenses0.121The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests.ExampleThe following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:1 Year3 Years5 Years10 Years$12$39$68$154© 2025 The Vanguard Group, Inc. All rights reserved.Vanguard Marketing Corporation, Distributor.PS 710A 022025 Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds – Moderate Allocation PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0000 0 0.0000 0.0012 0.0012 Example The following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 12 39 68 154 Vanguard Variable Insurance Funds — Total International Stock Market Index PortfolioSupplement to the Prospectus and Summary Prospectus Dated April 26, 2024As approved by Vanguard Variable Insurance Funds’ Board of Trustees, Vanguard Variable Insurance Funds — Total International Stock Market Index Portfolio (the Portfolio) has reduced its expense ratio. Effective February 3, 2025, the Annual Portfolio Operating Expenses table and the hypothetical expenses example for the Portfolio are hereby deleted and replaced with the following:Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds — Total International Stock Market Index PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment)Management Fees0.0012b-1 Distribution FeeNoneOther Expenses0.00Acquired Fund Fees and Expenses0.08Total Annual Portfolio Operating Expenses0.081The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests.ExampleThe following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:1 Year3 Years5 Years10 Years$8$26$45$103© 2025 The Vanguard Group, Inc. All rights reserved.Vanguard Marketing Corporation, Distributor.PS 802A 022025 2024-04-26 Prospectus and Summary Prospectus Text Changes for Vanguard Variable Insurance Funds — Total International Stock Market Index PortfolioAnnual Portfolio Operating Expenses (Expenses that you pay each year as a percentage of the value of your investment) 0.0000 0 0.0000 0.0008 0.0008 Example The following example is intended to help you compare the cost of investing in the Portfolio (based on the fees and expenses of the acquired funds) with the cost of investing in other mutual funds. It illustrates the hypothetical expenses that you would incur over various periods if you were to invest $10,000 in the Portfolio’s shares. This example assumes that the Portfolio provides a return of 5% each year and that total annual operating expenses (of the Portfolio and its underlying funds) remain as stated in the preceding table. You would incur these hypothetical expenses whether or not you were to redeem your investment at the end of the given period. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 8 26 45 103 The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests. The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests. The expense information shown in the table has been restated as a result of the restatement of Acquired Fund Fees and Expenses to reflect a reduction in the expense ratios of certain underlying funds in which the Portfolio currently invests.