Each N-PORT filing of VBIL compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/vbil/https://themulden.com/funds/vbil/27 positions became 27: 26 added (99.96% of the fund), 26 dropped (99.96%). Turnover proxy 100%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 0.04% to 0.04%. New: United States Treasury Bill (6.78%), United States Treasury Bill (6.1%), United States Treasury Bill (5.61%), United States Treasury Bill (5.41%), United States Treasury Bill (5.18%), United States Treasury Bill (5.17%). Gone: United States Treasury Bill (6.38%), United States Treasury Bill (5.71%), United States Treasury Bill (5.54%), United States Treasury Bill (5.48%), United States Treasury Bill (5.47%), United States Treasury Bill (5.32%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Aug 2026 12:00:00 GMThttps://themulden.com/funds/vbil/https://themulden.com/funds/vbil/28 positions became 27: 25 added (94.73% of the fund), 26 dropped (98.3%). Turnover proxy 98.4%. Largest increases: United States Treasury Bill 1.55% to 5.23%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 0.16% to 0.04%. New: United States Treasury Bill (6.38%), United States Treasury Bill (5.71%), United States Treasury Bill (5.54%), United States Treasury Bill (5.48%), United States Treasury Bill (5.47%), United States Treasury Bill (5.32%). Gone: United States Treasury Bill (5.95%), United States Treasury Bill (5.33%), United States Treasury Bill (5.32%), United States Treasury Bill (5.32%), United States Treasury Bill (5.23%), United States Treasury Bill (5.16%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 May 2026 12:00:00 GMThttps://themulden.com/funds/vbil/https://themulden.com/funds/vbil/27 positions became 28: 27 added (99.84% of the fund), 26 dropped (99.92%). Turnover proxy 99.9%. Largest increases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 0.08% to 0.16%. New: United States Treasury Bill (5.95%), United States Treasury Bill (5.33%), United States Treasury Bill (5.32%), United States Treasury Bill (5.32%), United States Treasury Bill (5.23%), United States Treasury Bill (5.16%). Gone: United States Treasury Bill (6.23%), United States Treasury Bill (6.21%), United States Treasury Bill (5.47%), United States Treasury Bill (5.45%), United States Treasury Bill (5.44%), United States Treasury Bill (5.4%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 26 Feb 2026 12:00:00 GMThttps://themulden.com/funds/vbil/https://themulden.com/funds/vbil/27 positions became 27: 26 added (99.92% of the fund), 26 dropped (99.87%). Turnover proxy 99.9%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 0.13% to 0.08%. New: United States Treasury Bill (6.23%), United States Treasury Bill (6.21%), United States Treasury Bill (5.47%), United States Treasury Bill (5.45%), United States Treasury Bill (5.44%), United States Treasury Bill (5.4%). Gone: United States Treasury Bill (6.58%), United States Treasury Bill (6.19%), United States Treasury Bill (5.38%), United States Treasury Bill (5.15%), United States Treasury Bill (5.14%), United States Treasury Bill (5.13%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 25 Nov 2025 12:00:00 GMThttps://themulden.com/funds/vbil/https://themulden.com/funds/vbil/27 positions became 27: 26 added (99.87% of the fund), 26 dropped (99.36%). Turnover proxy 99.9%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 0.64% to 0.13%. New: United States Treasury Bill (6.58%), United States Treasury Bill (6.19%), United States Treasury Bill (5.38%), United States Treasury Bill (5.15%), United States Treasury Bill (5.14%), United States Treasury Bill (5.13%). Gone: United States Treasury Bill (7.96%), United States Treasury Bill (5.64%), United States Treasury Bill (5.58%), United States Treasury Bill (5.57%), United States Treasury Bill (5.54%), United States Treasury Bill (5.53%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 27 Aug 2025 12:00:00 GMT