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Previous: MONEY MARKET OBLIGATIONS TRUST /NEW/, 485BPOS, 1996-12-11 |
Next: ILLINOIS CENTRAL CORP, 8-K, 1996-12-11 |
<PAGE> 1
VANGUARD VARIABLE INSURANCE FUND
PROSPECTUS SUPPLEMENT
DECEMBER 13, 1996
Effective for the fiscal year starting October 1, 1996, Vanguard Variable
Insurance Fund's Balanced, Equity Index, and Equity Income Portfolios will
change from a quarterly dividend distribution cycle (January, April, July, and
October) to an annual cycle, with dividends and any capital gains distributed in
October.
The Portfolios will distribute dividends and capital gains according to the
following schedule:
<TABLE>
<S> <C> <C>
CAPITAL GAINS (IF ANY)
PORTFOLIO DIVIDENDS DISTRIBUTED DISTRIBUTED
- ----------------------------------------------------------------------------------------------------
Money Market Monthly (declared daily) --
High-Grade Bond Monthly (declared daily) October
High Yield Bond Monthly (declared daily) October
Balanced October October
Equity Index October October
Equity Income October October
Growth October October
Small Company Growth October October
International October October
</TABLE>
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