0001683863-21-006535.txt : 20211122 0001683863-21-006535.hdr.sgml : 20211122 20211122090024 ACCESSION NUMBER: 0001683863-21-006535 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20211122 DATE AS OF CHANGE: 20211122 EFFECTIVENESS DATE: 20211122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD ADMIRAL FUNDS CENTRAL INDEX KEY: 0000891190 IRS NUMBER: 232696041 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-49023 FILM NUMBER: 211430295 BUSINESS ADDRESS: STREET 1: P.O. BOX 2600, V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: P.O. BOX 2600 V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD ADMIRAL FUNDS INC DATE OF NAME CHANGE: 19920908 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vanguard Charlotte Funds CENTRAL INDEX KEY: 0001532203 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-177613 FILM NUMBER: 211430298 BUSINESS ADDRESS: STREET 1: P.O. BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106695410 MAIL ADDRESS: STREET 1: P.O. BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD MUNICIPAL BOND FUNDS CENTRAL INDEX KEY: 0000225997 IRS NUMBER: 232022170 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-57689 FILM NUMBER: 211430307 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD MUNICIPAL BOND FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD MUNICIPAL BOND FUND DATE OF NAME CHANGE: 19851103 FORMER COMPANY: FORMER CONFORMED NAME: WARWICK MUNICIPAL BOND FUND INC DATE OF NAME CHANGE: 19800619 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD STAR FUNDS CENTRAL INDEX KEY: 0000736054 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-88373 FILM NUMBER: 211430314 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD STAR FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD SPECIAL TAX ADVANTAGED RETIREMENT FUND DATE OF NAME CHANGE: 19850318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD CALIFORNIA TAX-FREE FUNDS CENTRAL INDEX KEY: 0000783401 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-01569 FILM NUMBER: 211430297 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD CALIFORNIA TAX FREE FUNDS DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD CALIFORNIA TAX FREE FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD CALIFORNIA INSURED TAX FREE FUND DATE OF NAME CHANGE: 19870514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD NEW YORK TAX-FREE FUNDS CENTRAL INDEX KEY: 0000788599 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-02908 FILM NUMBER: 211430308 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD NEW YORK INSURED TAX FREE FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD PENNSYLVANIA TAX-FREE FUNDS CENTRAL INDEX KEY: 0000788606 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-02907 FILM NUMBER: 211430310 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD PENNSYLVANIA TAX FREE FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD PENNSYLVANIA INSURED TAX FREE FUND DATE OF NAME CHANGE: 19880407 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD BOND INDEX FUNDS CENTRAL INDEX KEY: 0000794105 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-06001 FILM NUMBER: 211430296 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 V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD BOND INDEX FUND INC DATE OF NAME CHANGE: 19940111 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD BOND MARKET FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INDEX BOND FUND DATE OF NAME CHANGE: 19870105 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD NEW JERSEY TAX-FREE FUNDS CENTRAL INDEX KEY: 0000821404 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-17351 FILM NUMBER: 211430309 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD NEW JERSEY TAX FREE FUNDS DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD NEW JERSEY TAX FREE FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD MALVERN FUNDS CENTRAL INDEX KEY: 0000836906 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-23444 FILM NUMBER: 211430303 BUSINESS ADDRESS: STREET 1: P.O. 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 ASSET ALLOCATION FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD INTERNATIONAL EQUITY INDEX FUNDS CENTRAL INDEX KEY: 0000857489 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-32548 FILM NUMBER: 211430302 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INTERNATIONAL EQUITY INDEX FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD INSTITUTIONAL INDEX FUNDS CENTRAL INDEX KEY: 0000862084 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-34494 FILM NUMBER: 211430299 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INSTITUTIONAL INDEX FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INSTITUTIONAL EQUITY INDEX FUND INC DATE OF NAME CHANGE: 19900701 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD OHIO TAX-FREE FUNDS CENTRAL INDEX KEY: 0000862341 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-34261 FILM NUMBER: 211430311 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD OHIO TAX FREE FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD VALLEY FORGE FUNDS CENTRAL INDEX KEY: 0000889519 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-48863 FILM NUMBER: 211430312 BUSINESS ADDRESS: STREET 1: P O 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 BALANCED INDEX FUNDS DATE OF NAME CHANGE: 20070223 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD BALANCED INDEX FUND DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD BALANCED INDEX FUND INC DATE OF NAME CHANGE: 19920715 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD TAX-MANAGED FUNDS CENTRAL INDEX KEY: 0000923202 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-53683 FILM NUMBER: 211430313 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD TAX MANAGED FUNDS DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD TAX-MANAGED FUNDS DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD TAX MANAGED FUND INC DATE OF NAME CHANGE: 19940517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD MASSACHUSETTS TAX-EXEMPT FUNDS CENTRAL INDEX KEY: 0001070414 IRS NUMBER: 232975858 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-63579 FILM NUMBER: 211430304 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD MASSACHUSETTS TAX EXEMPT FUNDS DATE OF NAME CHANGE: 19980915 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD CMT FUNDS CENTRAL INDEX KEY: 0001273878 IRS NUMBER: 200961006 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-111362 FILM NUMBER: 211430301 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 610-669-1000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: MALVERN STATE: PA ZIP: 19355 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD CASH MANAGEMENT TRUST DATE OF NAME CHANGE: 20031218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vanguard Montgomery Funds CENTRAL INDEX KEY: 0001409957 IRS NUMBER: 261082315 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-145624 FILM NUMBER: 211430306 BUSINESS ADDRESS: STREET 1: P.O. BOX 2600 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 610-669-1000 MAIL ADDRESS: STREET 1: P.O. BOX 2600 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD INDEX FUNDS CENTRAL INDEX KEY: 0000036405 IRS NUMBER: 231999755 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-56846 FILM NUMBER: 211430300 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INDEX FUNDS/ DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD INDEX TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIRST INDEX INVESTMENT TRUST DATE OF NAME CHANGE: 19800904 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD MONEY MARKET RESERVES CENTRAL INDEX KEY: 0000106830 IRS NUMBER: 236607979 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-52698 FILM NUMBER: 211430305 BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD MONEY MARKET FUNDS DATE OF NAME CHANGE: 20011121 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD MONEY MARKET RESERVES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VANGUARD MONEY MARKET TRUST DATE OF NAME CHANGE: 19851103 0000036405 S000002839 Vanguard 500 Index Fund C000007773 Investor Shares VFINX C000007774 Admiral Shares VFIAX C000092055 ETF Shares VOO C000170274 Institutional Select Shares VFFSX 0000036405 S000002840 Vanguard Value Index Fund C000007775 Investor Shares VIVAX C000007776 Admiral Shares VVIAX C000007777 Institutional Shares VIVIX C000007778 ETF Shares VTV 0000036405 S000002841 Vanguard Extended Market Index Fund C000007779 Investor Shares VEXMX C000007780 Admiral Shares VEXAX C000007781 Institutional Shares VIEIX C000007782 ETF Shares VXF C000096110 Institutional Plus Shares VEMPX C000170275 Institutional Select Shares VSEMX 0000036405 S000002842 Vanguard Growth Index Fund C000007783 Investor Shares VIGRX C000007784 Admiral Shares VIGAX C000007785 Institutional Shares VIGIX C000007786 ETF Shares VUG 0000036405 S000002843 Vanguard Large-Cap Index Fund C000007787 Investor Shares VLACX C000007788 Admiral Shares VLCAX C000007789 Institutional Shares VLISX C000007790 ETF Shares VV 0000036405 S000002844 Vanguard Mid-Cap Index Fund C000007791 Investor Shares VIMSX C000007792 Admiral Shares VIMAX C000007793 Institutional Shares VMCIX C000007794 ETF Shares VO C000096111 Institutional Plus Shares VMCPX 0000036405 S000002845 Vanguard Small-Cap Index Fund C000007795 Investor Shares NAESX C000007796 Admiral Shares VSMAX C000007797 Institutional Shares VSCIX C000007798 ETF Shares VB C000096112 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S000004462 Vanguard Federal Money Market Fund C000012238 Investor Shares VMFXX 0000106830 S000004463 Vanguard Cash Reserves Federal Money Market Fund C000012240 Admiral Shares VMRXX 0000225997 S000002892 Vanguard High-Yield Tax-Exempt Fund C000007949 Investor Shares VWAHX C000007950 Admiral Shares VWALX 0000225997 S000002894 Vanguard Intermediate-Term Tax-Exempt Fund C000007953 Investor Shares VWITX C000007954 Admiral Shares VWIUX 0000225997 S000002895 Vanguard Limited-Term Tax-Exempt Fund C000007955 Investor Shares VMLTX C000007956 Admiral Shares VMLUX 0000225997 S000002896 Vanguard Long-Term Tax-Exempt Fund C000007957 Investor Shares VWLTX C000007958 Admiral Shares VWLUX 0000225997 S000002897 Vanguard Short-Term Tax-Exempt Fund C000007959 Investor Shares VWSTX C000007960 Admiral Shares VWSUX 0000225997 S000002898 Vanguard Municipal Money Market Fund C000007961 Investor Shares VMSXX 0000225997 S000048568 Vanguard Tax-Exempt Bond Index Fund C000153131 Admiral Shares VTEAX C000153132 ETF Shares VTEB 0000736054 S000002927 Vanguard LifeStrategy Conservative Growth Fund C000008015 Investor Shares VSCGX 0000736054 S000002928 Vanguard LifeStrategy Growth Fund C000008016 Investor Shares VASGX 0000736054 S000002929 Vanguard LifeStrategy Income Fund C000008017 Investor Shares VASIX 0000736054 S000002930 Vanguard LifeStrategy Moderate Growth Fund C000008018 Investor Shares VSMGX 0000736054 S000002931 Vanguard Star Fund C000008019 Vanguard Star Fund VGSTX 0000736054 S000002932 Vanguard Total International Stock Index Fund C000008020 Investor Shares VGTSX C000094036 Institutional Shares VTSNX C000094037 Admiral Shares VTIAX C000094038 ETF Shares VXUS C000094039 Institutional Plus Shares VTPSX C000170278 Institutional Select Shares VTISX 0000783401 S000002565 Vanguard California Municipal Money Market Fund C000007065 Investor Shares VCTXX 0000783401 S000002566 Vanguard California Intermediate-Term Tax-Exempt Fund C000007066 Investor Shares VCAIX C000007067 Admiral Shares VCADX 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VBLIX C000209800 Admiral Shares VBLAX 0000794105 S000002563 Vanguard Short-Term Bond Index Fund C000007060 Investor Shares VBISX C000007061 Admiral Shares VBIRX C000046843 ETF Shares BSV C000105310 Institutional Shares VBITX C000105311 Institutional Plus Shares VBIPX 0000794105 S000002564 Vanguard Total Bond Market Index Fund C000007062 Investor Shares VBMFX C000007063 Admiral Shares VBTLX C000007064 Institutional Shares VBTIX C000046844 ETF Shares BND C000081425 Institutional Plus Shares VBMPX C000170279 Institutional Select Shares VTBSX 0000794105 S000019554 Vanguard Inflation-Protected Securities Fund C000054349 Investor Shares VIPSX C000054350 Admiral Shares VAIPX C000054351 Institutional Shares VIPIX 0000794105 S000025158 Vanguard Total Bond Market II Index Fund C000075027 Investor Shares VTBIX C000075028 Institutional Shares VTBNX 0000794105 S000071399 Vanguard Ultra-Short Bond ETF C000226472 ETF Shares VUSB 0000821404 S000002901 Vanguard New Jersey Long-Term Tax-Exempt Fund C000007964 Investor Shares VNJTX C000007965 Admiral Shares VNJUX 0000836906 S000038501 Vanguard Short-Term Inflation-Protected Securities Index Fund C000118814 Admiral Shares VTAPX C000118815 ETF Shares VTIP C000118816 Institutional Shares VTSPX C000118817 Investor Shares VTIPX 0000836906 S000049658 Vanguard Institutional Intermediate-Term Bond Fund C000157008 Institutional Plus Shares VIITX 0000836906 S000049659 Vanguard Institutional Short-Term Bond Fund C000157009 Institutional Plus Shares VISTX 0000836906 S000053068 Vanguard Core Bond Fund C000166995 Admiral Shares VCOBX C000166996 Investor Shares VCORX 0000836906 S000053069 Vanguard Emerging Markets Bond Fund C000166997 Admiral Shares VEGBX C000166998 Investor Shares VEMBX 0000836906 S000073842 Vanguard Multi-Sector Income Bond Fund C000231054 Admiral Shares VMSAX C000231055 Investor Shares VMSIX 0000836906 S000073843 Vanguard Core-Plus Bond Fund C000231056 Admiral Shares VCPAX C000231057 Investor Shares VCPIX 0000857489 S000005786 Vanguard Emerging Markets Stock Index Fund C000015900 Investor Shares VEIEX C000015901 Institutional Shares VEMIX C000015902 ETF Shares VWO C000035633 Admiral Shares VEMAX C000096106 Institutional Plus Shares VEMRX 0000857489 S000005787 Vanguard European Stock Index Fund C000015903 Investor Shares VEURX C000015904 Admiral Shares VEUSX C000015905 Institutional Shares VESIX C000015906 ETF Shares VGK C000096107 Institutional Plus Shares VEUPX 0000857489 S000005788 Vanguard Pacific Stock Index Fund C000015907 Investor Shares VPACX C000015908 Admiral Shares VPADX C000015909 Institutional Shares VPKIX C000015910 ETF Shares VPL 0000857489 S000015871 Vanguard FTSE All-World ex-US Index Fund C000043572 ETF Shares VEU C000043573 Institutional Shares VFWSX C000096109 Institutional Plus Shares VFWPX C000105302 Admiral Shares VFWAX 0000857489 S000022482 Vanguard Total World Stock Index Fund C000065038 ETF Shares VT C000065039 Institutional Shares VTWIX C000209799 Admiral Shares VTWAX 0000857489 S000025074 Vanguard FTSE All-World ex-US Small-Cap Index Fund C000074580 Institutional Shares VFSNX C000074581 ETF Shares VSS C000209801 Admiral Shares VFSAX 0000857489 S000030007 Vanguard Global ex-U.S. Real Estate Index Fund C000092024 Admiral VGRLX C000092025 ETF VNQI C000092026 Institutional VGRNX 0000862084 S000002853 Vanguard Institutional Index Fund C000007825 Institutional Shares VINIX C000007826 Institutional Plus Shares VIIIX 0000862084 S000002855 Vanguard Institutional Total Stock Market Index Fund C000007828 Institutional Shares VITNX C000007829 Institutional Plus Shares VITPX 0000862341 S000002908 Vanguard Ohio Long-Term Tax-Exempt Fund C000007973 Investor Shares VOHIX 0000889519 S000002560 VANGUARD BALANCED INDEX FUND C000007054 INVESTOR SHARES VBINX C000007055 ADMIRAL SHARES VBIAX C000007056 INSTITUTIONAL SHARES VBAIX 0000889519 S000019761 Vanguard Managed Allocation Fund C000055412 Investor Shares VPGDX 0000891190 S000002233 Vanguard Treasury Money Market Fund C000005732 Investor Shares VUSXX 0000891190 S000030012 Vanguard S&P 500 Growth Index Fund C000092034 ETF Shares VOOG C000092035 Institutional Shares VSPGX 0000891190 S000030013 Vanguard S&P 500 Value Index Fund C000092036 ETF Shares VOOV C000092037 Institutional Shares VSPVX 0000891190 S000030014 Vanguard S&P Mid-Cap 400 Index Fund C000092038 ETF Shares IVOO C000092039 Institutional Shares VSPMX 0000891190 S000030015 Vanguard S&P Mid-Cap 400 Value Index Fund C000092040 ETF Shares IVOV C000092041 Institutional Shares VMFVX 0000891190 S000030016 Vanguard S&P Mid-Cap 400 Growth Index Fund C000092042 Institutional Shares VMFGX C000092043 ETF Shares IVOG 0000891190 S000030017 Vanguard S&P Small-Cap 600 Index Fund C000092044 ETF Shares VIOO C000092045 Institutional Shares VSMSX 0000891190 S000030018 Vanguard S&P Small-Cap 600 Growth Index Fund C000092046 ETF Shares VIOG C000092047 Institutional Shares VSGNX 0000891190 S000030019 Vanguard S&P Small-Cap 600 Value Index Fund C000092048 ETF Shares VIOV C000092049 Institutional Shares VSMVX 0000923202 S000004383 Vanguard Tax-Managed Balanced Fund C000012133 Admiral Shares VTMFX 0000923202 S000004384 Vanguard Tax-Managed Capital Appreciation Fund C000012135 Admiral Shares VTCLX C000012136 Institutional Shares VTCIX 0000923202 S000004386 Vanguard Developed Markets Index Fund C000012140 Admiral Shares VTMGX C000012141 Institutional Shares VTMNX C000051262 ETF Shares VEA C000135477 Institutional Plus Shares VDIPX C000135478 Investor Shares VDVIX 0000923202 S000004387 Vanguard Tax-Managed Small-Cap Fund C000012142 Admiral Shares VTMSX C000012143 Institutional Shares VTSIX 0001070414 S000002870 Vanguard Massachusetts Tax-Exempt Fund C000007887 Investor Shares VMATX 0001273878 S000002575 Vanguard Market Liquidity Fund C000007078 Vanguard Market Liquidity Fund 0001273878 S000002576 Vanguard Municipal Cash Management Fund C000007079 Vanguard Municipal Cash Management Fund 0001409957 S000019457 Vanguard Market Neutral Fund C000054090 Investor Shares VMNFX C000054091 Institutional Shares VMNIX 0001532203 S000035729 Vanguard Total International Bond Index Fund C000109500 Investor Shares VTIBX C000109501 Admiral Shares VTABX C000109502 Institutional Shares VTIFX C000109503 ETF Shares BNDX C000170277 Institutional Select Shares VSIBX 0001532203 S000063385 Vanguard Global Credit Bond Fund C000205451 Admiral Shares VGCAX C000205452 Investor Shares VGCIX 0001532203 S000067956 Vanguard Total International Bond II Index Fund C000217896 Investor Shares VTIIX C000217897 Institutional Shares VTILX C000217898 Admiral Shares VTIEX 497 1 f10279d1.htm TRU1 112011 TRU1 112011

Vanguard Admiral Funds®

Vanguard Bond Index Funds

Vanguard CaliforniaTax-Free Funds

Vanguard Charlotte Funds

Vanguard CMT Funds

Vanguard Index Funds

Vanguard Institutional Index Funds

Vanguard International Equity Index Funds

Vanguard Malvern Funds

Vanguard Massachusetts Tax-Exempt Funds

Vanguard Money Market Reserves

Vanguard Montgomery Funds

Vanguard Municipal Bond Funds

Vanguard New Jersey Tax-Free Funds

Vanguard NewYork Tax-Free Funds

Vanguard Ohio Tax-Free Funds

Vanguard Pennsylvania Tax-Free Funds

Vanguard STAR® Funds

VanguardTax-Managed Funds®

Vanguard Valley Forge Funds

Supplement Dated November 22, 2021, to the Statement of Additional Information

Leadership Announcement and Other Updates

The boards of trustees of the Vanguard funds (the "Boards") have elected Tara Bunch as a trustee of the Boards effective November 18, 2021.

In addition, a sub-section has been added to the Investment Strategies, Risks, and Nonfundamental Policies section of the Statement of Additional Information. Each Fund's investment objective, strategies, and policies remain unchanged.

Statement of Additional InformationText Changes

In the Management of the Funds section, the table under "Officers and Trustees" is replaced as follows:

 

 

 

Principal Occupation(s)

 

 

Position(s)

Vanguard

During the Past FiveYears,

Number of

 

Held With

Funds'Trustee/

Outside Directorships,

Vanguard Funds Overseen by

Name,Year of Birth

Funds

Officer Since

and Other Experience

Trustee/Officer

InterestedTrustee1

 

 

 

 

Mortimer J. Buckley

Chairman of the

January 2018

Chairman of the board (2019–present) of

217

(1969)

Board, Chief

 

Vanguard and of each of the investment

 

 

Executive

 

companies served by Vanguard; chief

 

 

Officer, and

 

executive officer (2018–present) of

 

 

President

 

Vanguard; chief executive officer,

 

 

 

 

president, and trustee (2018–present) of

 

 

 

 

each of the investment companies

 

 

 

 

served by Vanguard; president and

 

 

 

 

director (2017–present) of Vanguard; and

 

 

 

 

president (2018–present) of Vanguard

 

 

 

 

Marketing Corporation. Chief investment

 

 

 

 

officer (2013–2017), managing director

 

 

 

 

(2002–2017), head of the Retail Investor

 

 

 

 

Group (2006–2012), and chief

 

 

 

 

information officer (2001–2006) of

 

 

 

 

Vanguard. Chairman of the board

 

 

 

 

(2011–2017) and trustee (2009–2017) of

 

 

 

 

the Children's Hospital of Philadelphia;

 

 

 

 

and trustee (2018–present) and vice

 

 

 

 

chair (2019–present) of The Shipley

 

 

 

 

School.

 

1 Mr. Buckley is considered an "interested person" as defined in the 1940 Act because he is an officer of the Trust.

Independent Trustees

 

 

 

 

Tara Bunch

Trustee

November 2021

Head of Global Operations at Airbnb

217

(1962)

 

 

(2020–present). Vice President of

 

 

 

 

AppleCare (2012–2020). Member of the

 

 

 

 

board of Out & Equal (2002-2006), the

 

 

 

 

University of California, Berkeley School

 

 

 

 

of Engineering (2020-present), and Santa

 

 

 

 

Clara University's School of Business

 

 

 

 

(2018-present).

 

Emerson U. Fullwood

Trustee

January 2008

Executive chief staff and marketing

217

(1948)

 

 

officer for North America and corporate

 

 

 

 

vice president (retired 2008) of Xerox

 

 

 

 

Corporation (document management

 

 

 

 

products and services). Former president

 

 

 

 

of the Worldwide Channels Group, Latin

 

America, and Worldwide Customer Service and executive chief staff officer of Developing Markets of Xerox. Executive in residence and 2009–2010 Distinguished Minett Professor at the Rochester Institute of Technology. Director of SPX FLOW, Inc. (multi-industry manufacturing). Director of the University of Rochester Medical Center, the Monroe Community College Foundation, the United Way of Rochester, North Carolina A&T University, and Roberts Wesleyan College. Trustee of the University of Rochester.

 

 

 

Principal Occupation(s)

 

 

Position(s)

Vanguard

During the Past FiveYears,

Number of

 

Held With

Funds'Trustee/

Outside Directorships,

Vanguard Funds Overseen by

Name,Year of Birth

Funds

Officer Since

and Other Experience

Trustee/Officer

Amy Gutmann

Trustee

June 2006

President (2004–present) of the

217

(1949)

 

 

University of Pennsylvania. Christopher

 

 

 

 

H. Browne Distinguished Professor of

 

 

 

 

Political Science, School of Arts and

 

 

 

 

Sciences, and professor of

 

 

 

 

communication, Annenberg School for

 

 

 

 

Communication, with secondary faculty

 

 

 

 

appointments in the Department of

 

 

 

 

Philosophy, School of Arts and Sciences,

 

 

 

 

and at the Graduate School of Education,

 

 

 

 

University of Pennsylvania.

 

F. Joseph Loughrey

Trustee

October 2009

President and chief operating officer

217

(1949)

 

 

(retired 2009) and vice chairman of the

 

 

 

 

board (2008–2009) of Cummins Inc.

 

 

 

 

(industrial machinery). Chairman of the

 

 

 

 

board of Hillenbrand, Inc. (specialized

 

 

 

 

consumer services). Director of the V

 

 

 

 

Foundation. Member of the advisory

 

 

 

 

council for the College of Arts and

 

 

 

 

Letters and chair of the advisory board to

 

 

 

 

the Kellogg Institute for International

 

 

 

 

Studies, both at the University of Notre

 

 

 

 

Dame. Chairman of the board of Saint

 

 

 

 

Anselm College.

 

Mark Loughridge

Lead

March 2012

Senior vice president and chief financial

217

(1953)

Independent

 

officer (retired 2013) of IBM (information

 

 

Trustee

 

technology services). Fiduciary member

 

 

 

 

of IBM's Retirement Plan Committee

 

 

 

 

(2004–2013), senior vice president and

 

 

 

 

general manager (2002–2004) of IBM

 

 

 

 

Global Financing, vice president and

 

 

 

 

controller (1998–2002) of IBM, and a

 

 

 

 

variety of other prior management roles

 

 

 

 

at IBM. Member of the Council on

 

 

 

 

Chicago Booth.

 

Scott C. Malpass

Trustee

March 2012

Chief investment officer and vice

217

(1962)

 

 

president of the University of Notre

 

 

 

 

Dame (retired 2020). Assistant professor

 

 

 

 

of finance at the Mendoza College of

 

Business, University of Notre Dame (retired 2020), and member of the Notre Dame 403(b) Investment Committee. Member of the board of Catholic Investment Services, Inc. (investment advisors) and the board of superintendence of the Institute for the Works of Religion.

 

 

 

Principal Occupation(s)

 

 

Position(s)

Vanguard

During the Past FiveYears,

Number of

 

Held With

Funds'Trustee/

Outside Directorships,

Vanguard Funds Overseen by

Name,Year of Birth

Funds

Officer Since

and Other Experience

Trustee/Officer

Deanna Mulligan

Trustee

January 2018

Board chair (2020), chief executive officer

217

(1963)

 

 

(2011–2020), and president (2010–2019)

 

 

 

 

of The Guardian Life Insurance Company

 

 

 

 

of America. Chief operating officer

 

 

 

 

(2010–2011) and executive vice

 

 

 

 

president (2008–2010) of Individual Life

 

 

 

 

and Disability of The Guardian Life

 

 

 

 

Insurance Company of America.

 

 

 

 

Member of the board of the Economic

 

 

 

 

Club of New York. Trustee of the

 

 

 

 

Partnership for New York City (business

 

 

 

 

leadership), the Chief Executives for

 

 

 

 

Corporate Purpose, the New

 

 

 

 

York-Presbyterian Hospital, and the

 

 

 

 

Bruce Museum (arts and science).

 

 

 

 

Member of the Advisory Council for the

 

 

 

 

Stanford Graduate School of Business.

 

André F. Perold

Trustee

December 2004

George Gund Professor of Finance and

217

(1952)

 

 

Banking, Emeritus at the Harvard

 

 

 

 

Business School (retired 2011). Chief

 

 

 

 

investment officer and co-managing

 

 

 

 

partner of HighVista Strategies LLC

 

 

 

 

(private investment firm). Board member

 

 

 

 

(2018–present) of RIT Capital Partners

 

 

 

 

(investment firm); investment committee

 

 

 

 

member of Partners Health Care

 

 

 

 

System.

 

Sarah Bloom Raskin

Trustee

January 2018

Deputy secretary (2014–2017) of the

217

(1961)

 

 

United States Department of the

 

 

 

 

Treasury. Governor (2010–2014) of the

 

 

 

 

Federal Reserve Board. Commissioner

 

 

 

 

(2007–2010) of financial regulation for

 

 

 

 

the State of Maryland. Professor

 

 

 

 

(2020–present), Distinguished Fellow of

 

 

 

 

the Global Financial Markets Center

 

 

 

 

(2020–present), and Rubenstein Fellow

 

 

 

 

(2017–2020) of Duke University; trustee

 

 

 

 

(2017–present) of Amherst College;

 

 

 

 

member of the Amherst College

 

 

 

 

Investment Committee (2019–present);

 

 

 

 

and member of the Regenerative Crisis

 

 

 

 

Response Committee (2020–present).

 

David Thomas

Trustee

July 2021

President of Morehouse College

217

(1956)

 

 

(2018–present). Professor of Business

 

 

 

 

Administration Emeritus at Harvard

 

 

 

 

University (2017–2018) and Dean

 

 

 

 

(2011–2016) and Professor of

 

 

 

 

Management at Georgetown University,

 

 

 

 

McDonough School of Business

 

 

 

 

(2016–2017). Director of DTE Energy

 

 

 

 

Company (2013–present). Trustee of

 

 

 

 

Common Fund (2019–present).

 

 

 

 

Principal Occupation(s)

 

 

Position(s)

Vanguard

During the Past FiveYears,

Number of

 

Held With

Funds'Trustee/

Outside Directorships,

Vanguard Funds Overseen by

Name,Year of Birth

Funds

Officer Since

and Other Experience

Trustee/Officer

Peter F. Volanakis

Trustee

July 2009

President and chief operating officer

217

(1955)

 

 

(retired 2010) of Corning Incorporated

 

 

 

 

(communications equipment) and

 

 

 

 

director of Corning Incorporated

 

 

 

 

(2000–2010) and Dow Corning

 

 

 

 

(2001–2010). Director (2012) of SPX

 

 

 

 

Corporation (multi-industry

 

 

 

 

manufacturing). Overseer of the Amos

 

 

 

 

Tuck School of Business Administration,

 

 

 

 

Dartmouth College (2001–2013).

 

 

 

 

Chairman of the board of trustees of

 

 

 

 

Colby-Sawyer College. Member of the

 

 

 

 

BMW Group Mobility Council.

 

Executive Officers

 

 

 

 

Christine M. Buchanan

Chief Financial

November 2017

Principal of Vanguard. Chief financial

217

(1970)

Officer and

 

officer (2021-present) and treasurer

 

 

Acting Treasurer

 

(2017-present; acting October

 

 

 

 

2021-present) of each of the investment

 

 

 

 

companies served by Vanguard. Partner

 

 

 

 

(2005–2017) at KPMG (audit, tax, and

 

 

 

 

advisory services).

 

David Cermak

Finance Director

October 2019

Principal of Vanguard. Finance director

217

(1960)

 

 

(2019–present) of each of the

 

 

 

 

investment companies served by

 

 

 

 

Vanguard. Managing director and head

 

 

 

 

(2017–present) of Vanguard Investments

 

 

 

 

Singapore. Managing director and head

 

 

 

 

(2017–2019) of Vanguard Investments

 

 

 

 

Hong Kong. Representative director and

 

 

 

 

head (2014–2017) of Vanguard

 

 

 

 

Investments Japan.

 

John Galloway

Investment

September 2020

Principal of Vanguard. Investment

217

(1973)

Stewardship

 

stewardship officer (2020–present) of

 

 

Officer

 

each of the investment companies

 

 

 

 

served by Vanguard. Head of Investor

 

 

 

 

Advocacy (2020–present) and head of

 

 

 

 

Marketing Strategy and Planning

 

 

 

 

(2017–2020) at Vanguard. Deputy

 

 

 

 

Assistant to the President of the United

 

 

 

 

States (2015).

 

Peter Mahoney

Controller

May 2015

Principal of Vanguard. Controller

217

(1974)

 

 

(2015–present) of each of the

 

 

 

 

investment companies served by

 

 

 

 

Vanguard. Head of International Fund

 

 

 

 

Services (2008– 2014) at Vanguard.

 

Anne E. Robinson

Secretary

September 2016

General counsel (2016–present) of

217

(1970)

 

 

Vanguard. Secretary (2016–present) of

 

 

 

 

Vanguard and of each of the investment

 

 

 

 

companies served by Vanguard.

 

 

 

 

Managing director (2016–present) of

 

 

 

 

Vanguard. Managing director and general

 

 

 

 

counsel of Global Cards and Consumer

 

 

 

 

Services (2014–2016) at Citigroup.

 

 

 

 

Counsel (2003–2014) at American

 

 

 

 

Express.

 

 

 

 

Principal Occupation(s)

 

 

Position(s)

Vanguard

During the Past FiveYears,

Number of

 

Held With

Funds'Trustee/

Outside Directorships,

Vanguard Funds Overseen by

Name,Year of Birth

Funds

Officer Since

and Other Experience

Trustee/Officer

Michael Rollings

Finance Director

February 2017

Finance director (2017–present) and

217

(1963)

 

 

treasurer (2017) of each of the

 

 

 

 

investment companies served by

 

 

 

 

Vanguard. Managing director

 

 

 

 

(2016–present) of Vanguard. Chief

 

 

 

 

financial officer (2016–present) of

 

 

 

 

Vanguard. Director (2016–present) of

 

 

 

 

Vanguard Marketing Corporation.

 

 

 

 

Executive vice president and chief

 

 

 

 

financial officer (2006–2016) of

 

 

 

 

MassMutual Financial Group.

 

John E. Schadl

Chief

March 2019

Principal of Vanguard. Chief compliance

217

(1972)

Compliance

 

officer (2019–present) of Vanguard and

 

 

Officer

 

of each of the investment companies

 

 

 

 

served by Vanguard. Assistant vice

 

 

 

 

president (2019–present) of Vanguard

 

 

 

 

Marketing Corporation.

 

The following is added to the Investment Strategies, Risks, and Nonfundamental Policies section:

Environmental, Social, and Governance (ESG) Considerations Vanguard's Investment Stewardship Team, on behalf of the Board of Trustees of each Vanguard-advised fund, administers proxy voting, engagement, and advocacy for the equity holdings of the Vanguard-advised funds. The Investment Stewardship Team may engage with issuers to better understand how they are addressing material risks, including ESG risks. Specifically, the Investment Stewardship Team may engage with companies on how they disclose significant risks to shareholders, develop their risk mitigation approach, and report on progress.

Each fund has adopted procedures and guidelines for monitoring portfolio holding human rights practices and violations pursuant to which it may assess regulatory, reputational, or other risks associated with the alleged activity. In extraordinary circumstances a fund may divest of a portfolio holding where doing so is deemed appropriate.

© 2021 The Vanguard Group, Inc. All rights reserved.

SAI TRU1 112021

Vanguard Marketing Corporation, Distributor.

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