<PAGE> PAGE 1
000 A000000 03/31/96
000 C000000 0000857490
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 VANGUARD VARIABLE INSURANCE FUND
001 B000000 811-5962
001 C000000 6106691000
002 A000000 100 VANGUARD BOULEVARD
002 B000000 MALVERN
002 C000000 PA
002 D010000 19355
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 7
007 C010100 1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 HIGH-GRADE BOND PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 EQUITY INDEX PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 BALANCED PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 EQUITY INCOME PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 GROWTH PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 INTERNATIONAL PORTFOLIO
007 C030700 N
007 C010800 8
007 C010900 9
007 C011000 10
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 90
019 C00AA00 VANGUARDGR
020 A000001 UBS LONDON
<PAGE> PAGE 2
020 C000001 27
020 A000002 NIKKO SECURITIES LONDON
020 C000002 21
020 A000003 BEAR STEARNS & CO.
020 B000003 13-3299429
020 C000003 20
020 A000004 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000004 13-5674085
020 C000004 19
020 A000005 CS FIRST BOSTON CORP.
020 B000005 13-5659485
020 C000005 18
020 A000006 MORGAN STANLEY & CO., INC.
020 B000006 13-2655998
020 C000006 14
020 A000007 FRANK RUSSELL SECURITIES INC.
020 B000007 91-0604934
020 C000007 13
020 A000008 SALOMON BROTHERS INC.
020 B000008 13-3082694
020 C000008 11
020 A000009 WARBURG SECURITIES LONDON
020 C000009 10
020 A000010 ELKINS MCSHERRY
020 B000010 13-3790790
020 C000010 10
021 000000 371
022 A000001 THE VANGUARD GROUP, INC./POOLED CASH ACCT.
022 B000001 23-1945930
022 C000001 3732710
022 D000001 0
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002 266119
022 D000002 6497
022 A000003 GREENWICH CAPITAL MARKETS, INC.
022 B000003 13-3172275
022 C000003 225939
022 D000003 10646
022 A000004 GENERAL MOTORS ACCEPTANCE CORPORATION
022 B000004 38-0572512
022 C000004 121662
022 D000004 0
022 A000005 J.P. MORGAN SECURITIES, INC.
022 B000005 13-3224016
022 C000005 102870
022 D000005 0
022 A000006 LEHMAN BROTHERS INC.
022 B000006 13-2518466
022 C000006 62107
022 D000006 14190
<PAGE> PAGE 3
022 A000007 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000007 13-5674085
022 C000007 47396
022 D000007 4242
022 A000008 CS FIRST BOSTON CORP.
022 B000008 13-5659485
022 C000008 35083
022 D000008 974
022 A000009 BANK OF AMERICA NT & SA
022 B000009 94-1687665
022 C000009 25784
022 D000009 0
022 A000010 NATIONSBANK CAPITAL MARKETS INC.
022 B000010 75-0520130
022 C000010 22910
022 D000010 11294
023 C000000 5053326
023 D000000 82392
058 A00AA00 Y
058 B00AA00 Y
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000
077 A000000 N
078 000000 N
028 A010100 19169
028 A020100 1074
028 A030100 0
028 A040100 17321
028 B010100 20999
028 B020100 1025
028 B030100 0
028 B040100 19435
028 C010100 22802
028 C020100 988
028 C030100 0
028 C040100 19130
028 D010100 22258
028 D020100 1118
028 D030100 0
028 D040100 25861
028 E010100 30703
028 E020100 969
028 E030100 0
028 E040100 24561
028 F010100 31646
028 F020100 972
<PAGE> PAGE 4
028 F030100 0
028 F040100 25363
028 G010100 147577
028 G020100 6146
028 G030100 0
028 G040100 131671
028 H000100 0
062 A000100 Y
062 B000100 0.0
062 C000100 6.3
062 D000100 0.0
062 E000100 0.0
062 F000100 16.2
062 G000100 9.6
062 H000100 0.8
062 I000100 63.8
062 J000100 0.0
062 K000100 0.0
062 L000100 2.1
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 1.2
063 A000100 53
063 B000100 0.0
064 A000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
<PAGE> PAGE 5
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 6
072 B000100 6429
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 12
072 G000100 104
072 H000100 0
072 I000100 80
072 J000100 12
072 K000100 0
072 L000100 3
072 M000100 0
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 5
072 S000100 0
072 T000100 31
072 U000100 0
072 V000100 2
072 W000100 0
072 X000100 249
072 Y000100 0
072 Z000100 6180
072AA000100 0
072BB000100 1
072CC010100 0
072CC020100 0
072DD010100 6180
072DD020100 0
072EE000100 0
073 A010100 0.0270
<PAGE> PAGE 6
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 1
074 B000100 0
074 C000100 237524
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 25
074 J000100 0
074 K000100 0
074 L000100 3151
074 M000100 0
074 N000100 240701
074 O000100 0
074 P000100 63
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 220
074 S000100 0
074 T000100 240418
074 U010100 240421
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 1.0000
074 X000100 2
074 Y000100 0
075 A000100 226719
075 B000100 0
076 000100 0.00
028 A010200 4763
028 A020200 673
028 A030200 0
028 A040200 2282
028 B010200 2781
028 B020200 649
028 B030200 0
028 B040200 930
028 C010200 4996
028 C020200 635
028 C030200 0
028 C040200 815
028 D010200 3453
028 D020200 747
028 D030200 0
<PAGE> PAGE 7
028 D040200 1026
028 E010200 3961
028 E020200 699
028 E030200 0
028 E040200 1113
028 F010200 2850
028 F020200 697
028 F030200 0
028 F040200 1041
028 G010200 22804
028 G020200 4100
028 G030200 0
028 G040200 7209
028 H000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.9
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 1.1
062 M000200 28.1
062 N000200 31.6
062 O000200 0.0
062 P000200 30.2
062 Q000200 7.6
062 R000200 0.5
063 A000200 0
063 B000200 8.7
064 A000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
<PAGE> PAGE 8
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 68508
071 B000200 45520
071 C000200 129803
071 D000200 35
072 A000200 6
072 B000200 4318
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 7
072 G000200 85
072 H000200 0
072 I000200 64
072 J000200 15
072 K000200 0
072 L000200 3
072 M000200 0
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 4
072 S000200 0
072 T000200 10
072 U000200 0
072 V000200 2
072 W000200 0
072 X000200 190
072 Y000200 0
072 Z000200 4128
072AA000200 438
<PAGE> PAGE 9
072BB000200 241
072CC010200 0
072CC020200 1616
072DD010200 4128
072DD020200 0
072EE000200 0
073 A010200 0.3290
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 2
074 B000200 1206
074 C000200 1504
074 D000200 135375
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 15
074 J000200 1018
074 K000200 0
074 L000200 2082
074 M000200 0
074 N000200 141202
074 O000200 2335
074 P000200 40
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 106
074 S000200 0
074 T000200 138721
074 U010200 13360
074 U020200 0
074 V010200 10.38
074 V020200 0.00
074 W000200 0.0000
074 X000200 2
074 Y000200 0
075 A000200 0
075 B000200 131698
076 000200 0.00
028 A010300 6291
028 A020300 5527
028 A030300 0
028 A040300 1126
028 B010300 7424
028 B020300 0
028 B030300 0
028 B040300 1170
<PAGE> PAGE 10
028 C010300 5735
028 C020300 0
028 C030300 0
028 C040300 1525
028 D010300 7112
028 D020300 961
028 D030300 0
028 D040300 727
028 E010300 9432
028 E020300 0
028 E030300 0
028 E040300 2011
028 F010300 7886
028 F020300 0
028 F030300 0
028 F040300 1419
028 G010300 43880
028 G020300 6488
028 G030300 0
028 G040300 7978
028 H000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 Y
<PAGE> PAGE 11
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 42836
071 B000300 2504
071 C000300 304769
071 D000300 1
072 A000300 6
072 B000300 194
072 C000300 3437
072 D000300 0
072 E000300 0
072 F000300 10
072 G000300 186
072 H000300 0
072 I000300 151
072 J000300 4
072 K000300 0
072 L000300 5
072 M000300 0
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 5
072 S000300 0
072 T000300 23
072 U000300 0
072 V000300 3
072 W000300 0
<PAGE> PAGE 12
072 X000300 387
072 Y000300 0
072 Z000300 3244
072AA000300 1448
072BB000300 234
072CC010300 29430
072CC020300 0
072DD010300 4170
072DD020300 0
072EE000300 2318
073 A010300 0.2300
073 A020300 0.0000
073 B000300 0.1300
073 C000300 0.0000
074 A000300 4
074 B000300 2514
074 C000300 296
074 D000300 0
074 E000300 0
074 F000300 343686
074 G000300 0
074 H000300 0
074 I000300 37
074 J000300 566
074 K000300 0
074 L000300 54
074 M000300 0
074 N000300 347157
074 O000300 950
074 P000300 102
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 233
074 S000300 0
074 T000300 345872
074 U010300 20206
074 U020300 0
074 V010300 17.12
074 V020300 0.00
074 W000300 0.0000
074 X000300 2
074 Y000300 0
075 A000300 0
075 B000300 310234
076 000300 0.00
028 A010400 2507
028 A020400 2724
028 A030400 0
028 A040400 2096
<PAGE> PAGE 13
028 B010400 3626
028 B020400 0
028 B030400 0
028 B040400 1120
028 C010400 3653
028 C020400 0
028 C030400 0
028 C040400 1766
028 D010400 4188
028 D020400 2703
028 D030400 0
028 D040400 1597
028 E010400 4148
028 E020400 0
028 E030400 0
028 E040400 1604
028 F010400 3771
028 F020400 0
028 F030400 0
028 F040400 1562
028 G010400 21893
028 G020400 5427
028 G030400 0
028 G040400 9745
028 H000400 0
049 000400 N
050 000400 N
051 000400 Y
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
071 A000400 77051
<PAGE> PAGE 14
071 B000400 53758
071 C000400 291382
071 D000400 18
072 A000400 6
072 B000400 2752
072 C000400 3468
072 D000400 0
072 E000400 0
072 F000400 151
072 G000400 174
072 H000400 0
072 I000400 124
072 J000400 1
072 K000400 0
072 L000400 6
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 5
072 S000400 0
072 T000400 23
072 U000400 0
072 V000400 3
072 W000400 0
072 X000400 487
072 Y000400 0
072 Z000400 5733
072AA000400 8189
072BB000400 702
072CC010400 13038
072CC020400 0
072DD010400 5440
072DD020400 0
072EE000400 0
073 A010400 0.2600
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 2110
074 C000400 1014
074 D000400 106103
074 E000400 2907
074 F000400 205067
074 G000400 0
074 H000400 0
074 I000400 34
074 J000400 2735
074 K000400 0
<PAGE> PAGE 15
074 L000400 9894
074 M000400 0
074 N000400 329864
074 O000400 3817
074 P000400 105
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 7680
074 S000400 0
074 T000400 318262
074 U010400 22269
074 U020400 0
074 V010400 14.29
074 V020400 0.00
074 W000400 0.0000
074 X000400 2
074 Y000400 0
075 A000400 0
075 B000400 298396
076 000400 0.00
028 A010500 3264
028 A020500 1481
028 A030500 0
028 A040500 220
028 B010500 3274
028 B020500 0
028 B030500 0
028 B040500 288
028 C010500 3791
028 C020500 0
028 C030500 0
028 C040500 444
028 D010500 5824
028 D020500 967
028 D030500 0
028 D040500 280
028 E010500 4510
028 E020500 0
028 E030500 0
028 E040500 945
028 F010500 4094
028 F020500 0
028 F030500 0
028 F040500 687
028 G010500 24757
028 G020500 2448
028 G030500 0
028 G040500 2864
028 H000500 0
<PAGE> PAGE 16
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 Y
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
<PAGE> PAGE 17
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 26848
071 B000500 3110
071 C000500 107868
071 D000500 3
072 A000500 6
072 B000500 41
072 C000500 2172
072 D000500 0
072 E000500 0
072 F000500 56
072 G000500 72
072 H000500 0
072 I000500 60
072 J000500 7
072 K000500 0
072 L000500 3
072 M000500 0
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 4
072 S000500 0
072 T000500 8
072 U000500 0
072 V000500 2
072 W000500 0
072 X000500 212
072 Y000500 0
072 Z000500 2001
072AA000500 591
072BB000500 246
072CC010500 9588
072CC020500 0
072DD010500 1985
072DD020500 0
072EE000500 468
073 A010500 0.2400
073 A020500 0.0000
073 B000500 0.0600
073 C000500 0.0000
074 A000500 0
074 B000500 1348
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 124673
074 G000500 0
<PAGE> PAGE 18
074 H000500 0
074 I000500 13
074 J000500 0
074 K000500 0
074 L000500 1168
074 M000500 0
074 N000500 127202
074 O000500 538
074 P000500 41
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 888
074 S000500 0
074 T000500 125735
074 U010500 9562
074 U020500 0
074 V010500 13.15
074 V020500 0.00
074 W000500 0.0000
074 X000500 2
074 Y000500 0
075 A000500 0
075 B000500 108960
076 000500 0.00
028 A010600 5966
028 A020600 4107
028 A030600 0
028 A040600 521
028 B010600 7044
028 B020600 0
028 B030600 0
028 B040600 513
028 C010600 5595
028 C020600 0
028 C030600 0
028 C040600 2019
028 D010600 6067
028 D020600 0
028 D030600 0
028 D040600 1155
028 E010600 6425
028 E020600 0
028 E030600 0
028 E040600 2098
028 F010600 8058
028 F020600 0
028 F030600 0
028 F040600 982
028 G010600 39155
<PAGE> PAGE 19
028 G020600 4107
028 G030600 0
028 G040600 7288
028 H000600 0
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 Y
070 O010600 Y
<PAGE> PAGE 20
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 74418
071 B000600 37090
071 C000600 182184
071 D000600 20
072 A000600 6
072 B000600 289
072 C000600 1398
072 D000600 0
072 E000600 0
072 F000600 147
072 G000600 119
072 H000600 0
072 I000600 131
072 J000600 6
072 K000600 0
072 L000600 4
072 M000600 0
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 4
072 S000600 0
072 T000600 14
072 U000600 0
072 V000600 2
072 W000600 0
072 X000600 427
072 Y000600 0
072 Z000600 1260
072AA000600 4986
072BB000600 2539
072CC010600 20866
072CC020600 0
072DD010600 1878
072DD020600 0
072EE000600 2230
073 A010600 0.1600
073 A020600 0.0000
073 B000600 0.1900
073 C000600 0.0000
074 A000600 0
074 B000600 6352
074 C000600 0
<PAGE> PAGE 21
074 D000600 0
074 E000600 0
074 F000600 212873
074 G000600 0
074 H000600 0
074 I000600 23
074 J000600 817
074 K000600 0
074 L000600 2806
074 M000600 0
074 N000600 222871
074 O000600 2047
074 P000600 44
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 2699
074 S000600 0
074 T000600 218081
074 U010600 13890
074 U020600 0
074 V010600 15.70
074 V020600 0.00
074 W000600 0.0000
074 X000600 2
074 Y000600 0
075 A000600 0
075 B000600 190860
076 000600 0.00
028 A010700 2792
028 A020700 1281
028 A030700 0
028 A040700 578
028 B010700 2595
028 B020700 0
028 B030700 0
028 B040700 755
028 C010700 4360
028 C020700 0
028 C030700 0
028 C040700 398
028 D010700 11085
028 D020700 0
028 D030700 0
028 D040700 268
028 E010700 8114
028 E020700 0
028 E030700 0
028 E040700 495
028 F010700 5817
<PAGE> PAGE 22
028 F020700 0
028 F030700 0
028 F040700 1664
028 G010700 34763
028 G020700 1281
028 G030700 0
028 G040700 4158
028 H000700 0
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 Y
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 Y
070 M010700 Y
<PAGE> PAGE 23
070 M020700 Y
070 N010700 Y
070 N020700 Y
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 42720
071 B000700 10472
071 C000700 101334
071 D000700 10
072 A000700 6
072 B000700 181
072 C000700 475
072 D000700 0
072 E000700 0
072 F000700 86
072 G000700 69
072 H000700 0
072 I000700 116
072 J000700 40
072 K000700 0
072 L000700 3
072 M000700 0
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 4
072 S000700 0
072 T000700 8
072 U000700 0
072 V000700 2
072 W000700 0
072 X000700 328
072 Y000700 0
072 Z000700 328
072AA000700 2751
072BB000700 543
072CC010700 6476
072CC020700 0
072DD010700 1282
072DD020700 0
072EE000700 0
073 A010700 0.1600
073 A020700 0.0000
073 B000700 0.0000
<PAGE> PAGE 24
073 C000700 0.0000
074 A000700 0
074 B000700 4671
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 126010
074 G000700 0
074 H000700 0
074 I000700 13
074 J000700 0
074 K000700 0
074 L000700 19564
074 M000700 0
074 N000700 150258
074 O000700 1939
074 P000700 35
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 19052
074 S000700 0
074 T000700 129232
074 U010700 10592
074 U020700 0
074 V010700 12.20
074 V020700 0.00
074 W000700 0.0000
074 X000700 2
074 Y000700 0
075 A000700 0
075 B000700 105392
076 000700 0.00
SIGNATURE GARY P. SOURA
TITLE SR. MANAGER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000857490
<NAME> VANGUARD VARIABLE INSURANCE FUND
<SERIES>
<NUMBER> 01
<NAME> MONEY MARKET PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 237524
<INVESTMENTS-AT-VALUE> 237524
<RECEIVABLES> 3151
<ASSETS-OTHER> 26
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 240701
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 283
<TOTAL-LIABILITIES> 283
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 240421
<SHARES-COMMON-STOCK> 240421
<SHARES-COMMON-PRIOR> 218369
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 240418
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6429
<OTHER-INCOME> 0
<EXPENSES-NET> 249
<NET-INVESTMENT-INCOME> 6180
<REALIZED-GAINS-CURRENT> (1)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 6179
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6180
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 147577
<NUMBER-OF-SHARES-REDEEMED> 131671
<SHARES-REINVESTED> 6146
<NET-CHANGE-IN-ASSETS> 22051
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (2)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 249
<AVERAGE-NET-ASSETS> 226719
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.027
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.027
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000857490
<NAME> VANGUARD VARIABLE INSURANCE FUND
<SERIES>
<NUMBER> 02
<NAME> HIGH-GRADE BOND PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 137728
<INVESTMENTS-AT-VALUE> 138085
<RECEIVABLES> 3102
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 141202
<PAYABLE-FOR-SECURITIES> 2335
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 146
<TOTAL-LIABILITIES> 2481
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 138817
<SHARES-COMMON-STOCK> 13360
<SHARES-COMMON-PRIOR> 11508
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (453)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 357
<NET-ASSETS> 138721
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4318
<OTHER-INCOME> 0
<EXPENSES-NET> 190
<NET-INVESTMENT-INCOME> 4128
<REALIZED-GAINS-CURRENT> 197
<APPREC-INCREASE-CURRENT> (1616)
<NET-CHANGE-FROM-OPS> 2709
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4128
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2147
<NUMBER-OF-SHARES-REDEEMED> 682
<SHARES-REINVESTED> 387
<NET-CHANGE-IN-ASSETS> 18276
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (650)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 190
<AVERAGE-NET-ASSETS> 131612
<PER-SHARE-NAV-BEGIN> 10.47
<PER-SHARE-NII> 0.329
<PER-SHARE-GAIN-APPREC> (0.090)
<PER-SHARE-DIVIDEND> 0.329
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.38
<EXPENSE-RATIO> 0.29
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000857490
<NAME> VANGUARD VARIABLE INSURANCE FUND
<SERIES>
<NUMBER> 03
<NAME> EQUITY INDEX PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 252164
<INVESTMENTS-AT-VALUE> 346496
<RECEIVABLES> 624
<ASSETS-OTHER> 37
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 347157
<PAYABLE-FOR-SECURITIES> 950
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 335
<TOTAL-LIABILITIES> 1285
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 248219
<SHARES-COMMON-STOCK> 20206
<SHARES-COMMON-PRIOR> 17599
<ACCUMULATED-NII-CURRENT> 2200
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1103
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 94350
<NET-ASSETS> 345872
<DIVIDEND-INCOME> 3437
<INTEREST-INCOME> 194
<OTHER-INCOME> 0
<EXPENSES-NET> 387
<NET-INVESTMENT-INCOME> 3244
<REALIZED-GAINS-CURRENT> 1214
<APPREC-INCREASE-CURRENT> 29430
<NET-CHANGE-FROM-OPS> 33888
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4170
<DISTRIBUTIONS-OF-GAINS> 2318
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2674
<NUMBER-OF-SHARES-REDEEMED> 486
<SHARES-REINVESTED> 419
<NET-CHANGE-IN-ASSETS> 69790
<ACCUMULATED-NII-PRIOR> 3126
<ACCUMULATED-GAINS-PRIOR> 2207
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 10
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 387
<AVERAGE-NET-ASSETS> 310234
<PER-SHARE-NAV-BEGIN> 15.69
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 1.63
<PER-SHARE-DIVIDEND> 0.23
<PER-SHARE-DISTRIBUTIONS> 0.13
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.12
<EXPENSE-RATIO> 0.25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000857490
<NAME> VANGUARD VARIABLE INSURANCE FUND
<SERIES>
<NUMBER> 04
<NAME> BALANCED PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 254648
<INVESTMENTS-AT-VALUE> 317201
<RECEIVABLES> 12629
<ASSETS-OTHER> 34
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 329864
<PAYABLE-FOR-SECURITIES> 3817
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7785
<TOTAL-LIABILITIES> 11602
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 246531
<SHARES-COMMON-STOCK> 22269
<SHARES-COMMON-PRIOR> 20983
<ACCUMULATED-NII-CURRENT> 3170
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6008
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 62553
<NET-ASSETS> 318262
<DIVIDEND-INCOME> 2752
<INTEREST-INCOME> 3468
<OTHER-INCOME> 0
<EXPENSES-NET> 487
<NET-INVESTMENT-INCOME> 5733
<REALIZED-GAINS-CURRENT> 7487
<APPREC-INCREASE-CURRENT> 13038
<NET-CHANGE-FROM-OPS> 26258
<EQUALIZATION> 98
<DISTRIBUTIONS-OF-INCOME> 5440
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1595
<NUMBER-OF-SHARES-REDEEMED> 713
<SHARES-REINVESTED> 404
<NET-CHANGE-IN-ASSETS> 38491
<ACCUMULATED-NII-PRIOR> 2779
<ACCUMULATED-GAINS-PRIOR> (1479)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 151
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 487
<AVERAGE-NET-ASSETS> 298396
<PER-SHARE-NAV-BEGIN> 13.33
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> 0.95
<PER-SHARE-DIVIDEND> 0.26
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.29
<EXPENSE-RATIO> 0.33
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000857490
<NAME> VANGUARD VARIABLE INSURANCE FUND
<SERIES>
<NUMBER> 05
<NAME> EQUITY INCOME PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 105039
<INVESTMENTS-AT-VALUE> 126021
<RECEIVABLES> 1168
<ASSETS-OTHER> 13
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 127202
<PAYABLE-FOR-SECURITIES> 538
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 929
<TOTAL-LIABILITIES> 1467
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 102938
<SHARES-COMMON-STOCK> 9562
<SHARES-COMMON-PRIOR> 7627
<ACCUMULATED-NII-CURRENT> 1192
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 623
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20987
<NET-ASSETS> 125735
<DIVIDEND-INCOME> 2172
<INTEREST-INCOME> 41
<OTHER-INCOME> 0
<EXPENSES-NET> 212
<NET-INVESTMENT-INCOME> 2001
<REALIZED-GAINS-CURRENT> 591
<APPREC-INCREASE-CURRENT> 9588
<NET-CHANGE-FROM-OPS> 12180
<EQUALIZATION> 175
<DISTRIBUTIONS-OF-INCOME> 1985
<DISTRIBUTIONS-OF-GAINS> 468
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1959
<NUMBER-OF-SHARES-REDEEMED> 224
<SHARES-REINVESTED> 200
<NET-CHANGE-IN-ASSETS> 34243
<ACCUMULATED-NII-PRIOR> 1001
<ACCUMULATED-GAINS-PRIOR> 500
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 56
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 212
<AVERAGE-NET-ASSETS> 108960
<PER-SHARE-NAV-BEGIN> 12.00
<PER-SHARE-NII> 0.23
<PER-SHARE-GAIN-APPREC> 1.22
<PER-SHARE-DIVIDEND> 0.24
<PER-SHARE-DISTRIBUTIONS> 0.06
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.15
<EXPENSE-RATIO> 0.39
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000857490
<NAME> VANGUARD VARIABLE INSURANCE FUND
<SERIES>
<NUMBER> 06
<NAME> GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 166093
<INVESTMENTS-AT-VALUE> 219225
<RECEIVABLES> 3623
<ASSETS-OTHER> 23
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 222871
<PAYABLE-FOR-SECURITIES> 2047
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2743
<TOTAL-LIABILITIES> 4790
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 161302
<SHARES-COMMON-STOCK> 13890
<SHARES-COMMON-PRIOR> 11468
<ACCUMULATED-NII-CURRENT> 1231
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2416
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 53132
<NET-ASSETS> 218081
<DIVIDEND-INCOME> 1398
<INTEREST-INCOME> 289
<OTHER-INCOME> 0
<EXPENSES-NET> 427
<NET-INVESTMENT-INCOME> 1260
<REALIZED-GAINS-CURRENT> 2447
<APPREC-INCREASE-CURRENT> 20866
<NET-CHANGE-FROM-OPS> 24573
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1878
<DISTRIBUTIONS-OF-GAINS> 2230
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2614
<NUMBER-OF-SHARES-REDEEMED> 485
<SHARES-REINVESTED> 293
<NET-CHANGE-IN-ASSETS> 56439
<ACCUMULATED-NII-PRIOR> 1849
<ACCUMULATED-GAINS-PRIOR> 2199
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 147
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 427
<AVERAGE-NET-ASSETS> 190860
<PER-SHARE-NAV-BEGIN> 14.10
<PER-SHARE-NII> 0.09
<PER-SHARE-GAIN-APPREC> 1.86
<PER-SHARE-DIVIDEND> 0.16
<PER-SHARE-DISTRIBUTIONS> 0.19
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.70
<EXPENSE-RATIO> 0.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000857490
<NAME> VANGUARD VARIABLE INSURANCE FUND
<SERIES>
<NUMBER> 07
<NAME> INTERNATIONAL PORTFOLIO
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1996
<PERIOD-START> OCT-01-1995
<PERIOD-END> MAR-31-1996
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 116796
<INVESTMENTS-AT-VALUE> 130681
<RECEIVABLES> 19564
<ASSETS-OTHER> 13
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 150258
<PAYABLE-FOR-SECURITIES> 1939
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19087
<TOTAL-LIABILITIES> 21026
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 112601
<SHARES-COMMON-STOCK> 10592
<SHARES-COMMON-PRIOR> 7858
<ACCUMULATED-NII-CURRENT> 195
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2491
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13945
<NET-ASSETS> 129232
<DIVIDEND-INCOME> 475
<INTEREST-INCOME> 181
<OTHER-INCOME> 0
<EXPENSES-NET> 328
<NET-INVESTMENT-INCOME> 328
<REALIZED-GAINS-CURRENT> 2208
<APPREC-INCREASE-CURRENT> 6476
<NET-CHANGE-FROM-OPS> 9012
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1282
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2979
<NUMBER-OF-SHARES-REDEEMED> 360
<SHARES-REINVESTED> 115
<NET-CHANGE-IN-ASSETS> 39616
<ACCUMULATED-NII-PRIOR> 1149
<ACCUMULATED-GAINS-PRIOR> 283
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 86
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 328
<AVERAGE-NET-ASSETS> 105392
<PER-SHARE-NAV-BEGIN> 11.40
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.93
<PER-SHARE-DIVIDEND> 0.16
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.20
<EXPENSE-RATIO> 0.59
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
