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All investing is subject to risk, including possible loss of principal. Vanguard Marketing Corporation ("VMC") is the distributor of the Vanguard Funds and a subsidiary of The Vanguard Group, Inc. VMC is a registered broker-dealer, member FINRA. Retirement plan recordkeeping and administrative services are provided by The Vanguard Group, Inc. ("VGI"). VGI has entered into an agreement with Ascensus, LLC. to provide certain plan recordkeeping and administrative services on VGI’s behalf. Advice services and educational services on this website are provided by Morningstar Associates LLC. Ascensus and Morningstar Associates LLC are not affiliated with VMC, VGI, or any of their affiliates. Ascensus is a registered trademark of Ascensus, Inc. All rights reserved. All trademarks, service marks, and logos appearing on this site are the exclusive property of their respective owners.

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