0000932471-16-015074.txt : 20161228
0000932471-16-015074.hdr.sgml : 20161228
20161228120802
ACCESSION NUMBER: 0000932471-16-015074
CONFORMED SUBMISSION TYPE: NSAR-B
PUBLIC DOCUMENT COUNT: 3
CONFORMED PERIOD OF REPORT: 20161031
FILED AS OF DATE: 20161228
DATE AS OF CHANGE: 20161228
EFFECTIVENESS DATE: 20161228
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: VANGUARD EXPLORER FUND
CENTRAL INDEX KEY: 0000034066
IRS NUMBER: 510106626
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: NSAR-B
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-01530
FILM NUMBER: 162071873
BUSINESS ADDRESS:
STREET 1: PO BOX 2600
STREET 2: V26
CITY: VALLEY FORGE
STATE: PA
ZIP: 19482
BUSINESS PHONE: 6106691000
MAIL ADDRESS:
STREET 1: P.O. BOX 2600
STREET 2: V26
CITY: VALLEY FORGE
STATE: PA
ZIP: 19482
FORMER COMPANY:
FORMER CONFORMED NAME: VANGUARD EXPLORER FUND INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: EXPLORER FUND INC
DATE OF NAME CHANGE: 19900305
0000034066
S000002578
VANGUARD EXPLORER FUND
C000007081
Investor Shares
VEXPX
C000007082
Admiral Shares
VEXRX
NSAR-B
1
answer10-31-16.fil
ANSWER FILE
PAGE 1
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PAGE 2
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PAGE 3
020 A000003 Instinet
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020 C000003 422
020 A000004 Abel Noser Corporation
020 C000004 393
020 A000005 ITG, INC.
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020 C000005 322
020 A000006 J.P. MORGAN SECURITIES INC.
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020 C000006 298
020 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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020 C000007 290
020 A000008 JEFFERIES & COMPANY, INC.
020 B000008 95-2622900
020 C000008 267
020 A000009 RAYMOND JAMES & ASSOCIATES, INC.
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020 C000009 220
020 A000010 Bernstein (Sanford C.) & Co., Inc.
020 B000010 13-2625874
020 C000010 200
021 000000 9164
022 A000001 DEUTSCHE BANK SECURITIES INC.
022 B000001 13-2730828
022 C000001 8654379
022 D000001 101041
022 A000002 VANGUARD MARKET LIQUIDITY FUND
022 B000002 20-0961056
022 C000002 4158345
022 D000002 3913224
022 A000003 MORGAN STANLEY
022 B000003 13-2655998
022 C000003 79232
022 D000003 68136
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 54780
022 D000004 88963
022 A000005 ITG, INC.
022 B000005 95-4339369
022 C000005 76083
022 D000005 59462
022 A000006 J.P. MORGAN SECURITIES INC.
022 B000006 13-3224016
022 C000006 45527
022 D000006 70968
022 A000007 Instinet
022 B000007 0-
022 C000007 72791
PAGE 4
022 D000007 18271
022 A000008 UBS SECURITIES LLC
022 B000008 13-3873456
022 C000008 51618
022 D000008 26384
022 A000009 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000009 13-5674085
022 C000009 42426
022 D000009 33496
022 A000010 LIQUIDNET, INC.
022 B000010 13-4095933
022 C000010 42173
022 D000010 11601
023 C000000 15399659
023 D000000 6644426
024 000000 Y
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PAGE 5
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PAGE 6
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PAGE 7
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PAGE 8
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PAGE 9
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PAGE 10
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SIGNATURE GLADYS CHOW
TITLE MANAGER
EX-99.77B ACCT LTTR
2
b77explorer103116.txt
AUDIT OPINIONS
Report of Independent Registered Public Accounting
Firm
To the Board of Trustees and the Shareholders of Vanguard
Explorer Fund
In planning and performing our audit of the financial statements
of Vanguard Explorer Fund (hereafter, referred to as the ?Trust?)
as of and for the year ended October 31, 2016, in accordance with
the standards of the Public Company Accounting Oversight
Board (United States), we considered the Trust?s internal control
over financial reporting, including controls over safeguarding
securities, as a basis for designing our auditing procedures for
the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR,
but not for the purpose of expressing an opinion on the
effectiveness of the Trust?s internal control over financial
reporting. Accordingly, we do not express an opinion on the
effectiveness of the Trust's internal control over financial
reporting.
The management of the Trust is responsible for establishing and
maintaining effective internal control over financial reporting. In
fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of controls. A company?s internal control over
financial reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in
accordance with generally accepted accounting principles. A
company's internal control over financial reporting includes
those policies and procedures that (1) pertain to the maintenance
of records that, in reasonable detail, accurately and fairly reflect
the transactions and dispositions of the assets of the company;
(2) provide reasonable assurance that transactions are recorded
as necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and
that receipts and expenditures of the company are being made
only in accordance with authorizations of management and
trustees of the company; and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorized
acquisition, use or disposition of a company?s assets that could
have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also,
projections of any evaluation of effectiveness to future periods
are subject to the risk that controls may become inadequate
because of changes in conditions, or that the degree of
compliance with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of performing
their assigned functions, to prevent or detect misstatements on a
timely basis. A material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial
reporting, such that there is a reasonable possibility that a
material misstatement of the Trust's annual or interim financial
statements will not be prevented or detected on a timely basis.
Our consideration of the Trust?s internal control over financial
reporting was for the limited purpose described in the first
paragraph and would not necessarily disclose all deficiencies in
internal control over financial reporting that might be material
weaknesses under standards established by the Public Company
Accounting Oversight Board (United States). However, we noted
no deficiencies in the Trust?s internal control over financial
reporting and its operation, including controls over safeguarding
securities, that we consider to be material weaknesses as defined
above as of October 31, 2016.
This report is intended solely for the information and use of
management and the Board of Trustees of Vanguard Explorer
Fund and the Securities and Exchange Commission and is not
intended to be and should not be used by anyone other than
these specified parties.
/s/PricewaterhouseCoopers LLP
Philadelphia, Pennsylvania
December 15, 2016
EX-99
3
q773explorer103116.txt
SUPPLEMENTAL FILE
EXHIBIT 77Q3 TO FORM N-SAR
Registrant Name: Vanguard Explorer Fund
File Number: 811-1530
Registrant CIK Number: 0000034066
Items 72, 73 and 74
Because the electronic format for filing Form N-SAR does not provide
adequate space for responding to Items 72 through 74 completely, the Registrant
has set forth in their entirety the complete responses to the indicated Items or
Sub-Items below, in accordance with verbal instructions provided to the
Registrant by the staff of the Commission on September 20, 2002, and September
23, 2002.
Series 1 Identifier S000002578
Class 1 SEC Identifier C000007081
Class 2 SEC Identifier C000007082
Item 73
Distributions per share for which record date passed during the period:
B) 1. Distributions of capital gains $8.344
2. Distributions of capital gains from a second class of open-end
company shares $7.755