XML 9 R3.htm IDEA: XBRL DOCUMENT v3.19.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName VANGUARD MALVERN FUNDS
Prospectus Date rr_ProspectusDate Jan. 25, 2019
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock [SHIP LOGO VANGUARD (R)]

Vanguard U.S. Value Fund

Supplement Dated February 21, 2019 to the Prospectus and
Summary Prospectus Dated January 25, 2019

Prospectus and Summary Prospectus Text Changes
The “Average Annual Total Returns” table for Vanguard U.S. Value Fund is
replaced with the following:

Average Annual Total Returns for Periods Ended December 31, 2018

     1 Year    5 Years  10 Years
Vanguard U.S. Value Fund Investor Shares      
Return Before Taxes –10.33% 5.86% 11.13%
Return After Taxes on Distributions –11.89 4.50 10.23
Return After Taxes on Distributions and Sale of Fund Shares             –5.03 4.50 9.20
Russell 3000 Value Index      
(reflects no deduction for fees, expenses, or taxes) –8.58% 5.77% 11.12%

 

 

© 2019 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.

PS 124 022019
Retail | Vanguard U.S. Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock [SHIP LOGO VANGUARD (R)]

Vanguard U.S. Value Fund

Supplement Dated February 21, 2019 to the Prospectus and
Summary Prospectus Dated January 25, 2019

Prospectus and Summary Prospectus Text Changes
The “Average Annual Total Returns” table for Vanguard U.S. Value Fund is
replaced with the following:

Average Annual Total Returns for Periods Ended December 31, 2018

     1 Year    5 Years  10 Years
Vanguard U.S. Value Fund Investor Shares      
Return Before Taxes –10.33% 5.86% 11.13%
Return After Taxes on Distributions –11.89 4.50 10.23
Return After Taxes on Distributions and Sale of Fund Shares             –5.03 4.50 9.20
Russell 3000 Value Index      
(reflects no deduction for fees, expenses, or taxes) –8.58% 5.77% 11.12%

 

 

© 2019 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.

PS 124 022019