# EDGAR Filing Document

**Accession Number:** 0000857489
**File Stem:** 0001752724-23-001948
**Filing Date:** 2023-1
**Character Count:** 421510
**Document Hash:** c5954e16110237f9059decf9da2f81dc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-001948.hdr.sgml**: 20230113

**ACCESSION NUMBER**: 0001752724-23-001948

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20221031

**FILED AS OF DATE**: 20230113

**DATE AS OF CHANGE**: 20230113

**EFFECTIVENESS DATE**: 20230113

**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:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05972
- **FILM NUMBER:** 23528624

**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

## Series and Classes Contracts Data

### Vanguard Emerging Markets Stock Index Fund (Series ID: S000005786)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000015900 | Investor Shares           | VEIEX           |
| C000015901 | Institutional Shares      | VEMIX           |
| C000015902 | ETF Shares                | VWO             |
| C000035633 | Admiral Shares            | VEMAX           |
| C000038994 | Signal Shares             | VERSX           |
| C000096106 | Institutional Plus Shares | VEMRX           |

### Vanguard European Stock Index Fund (Series ID: S000005787)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000015903 | Investor Shares           | VEURX           |
| C000015904 | Admiral Shares            | VEUSX           |
| C000015905 | Institutional Shares      | VESIX           |
| C000015906 | ETF Shares                | VGK             |
| C000038995 | Signal Shares             | VESSX           |
| C000096107 | Institutional Plus Shares | VEUPX           |

### Vanguard Pacific Stock Index Fund (Series ID: S000005788)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000015907 | Investor Shares           | VPACX           |
| C000015908 | Admiral Shares            | VPADX           |
| C000015909 | Institutional Shares      | VPKIX           |
| C000015910 | ETF Shares                | VPL             |
| C000038996 | Signal Shares             | VPASX           |
| C000096108 | Institutional Plus Shares | VPAPX           |

### Vanguard FTSE All-World ex-US Index Fund (Series ID: S000015871)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000043571 | Investor Shares           | VFWIX           |
| C000043572 | ETF Shares                | VEU             |
| C000043573 | Institutional Shares      | VFWSX           |
| C000096109 | Institutional Plus Shares | VFWPX           |
| C000105302 | Admiral Shares            | VFWAX           |

### Vanguard Total World Stock Index Fund (Series ID: S000022482)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000065037 | Investor Shares      | VTWSX           |
| C000065038 | ETF Shares           | VT              |
| C000065039 | Institutional Shares | VTWIX           |
| C000209799 | Admiral Shares       | VTWAX           |

### Vanguard FTSE All-World ex-US Small-Cap Index Fund (Series ID: S000025074)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000074579 | Investor Shares      | VFSVX           |
| C000074580 | Institutional Shares | VFSNX           |
| C000074581 | ETF Shares           | VSS             |
| C000209801 | Admiral Shares       | VFSAX           |

### Vanguard Global ex-U.S. Real Estate Index Fund (Series ID: S000030007)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000092023 | Investor      | VGXRX           |
| C000092024 | Admiral       | VGRLX           |
| C000092025 | ETF           | VNQI            |
| C000092026 | Institutional | VGRNX           |

## Internal

```

Report of Independent
Registered Public
Accounting Firm
To the Board of Trustees of
Vanguard International Equity Index
Funds and Shareholders of
Vanguard FTSE All-World ex-US
Index Fund and
Vanguard FTSE All-World ex-US Small-Cap Index
Fund
In planning and performing our audits of the
financial statements of Vanguard FTSE All-World
ex-US  Index Fund and Vanguard FTSE All-World
ex-US Small-Cap Index Fund (two of the funds
constituting  Vanguard International Equity Index
Funds, hereafter collectively referred to as the
"Funds") as of and for  the year ended October 31,
2022, in accordance with the standards of the
Public Company Accounting  Oversight Board
(United States) (PCAOB), we considered the Funds'
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-CEN, but not for the purpose of expressing
an opinion on the effectiveness of the Funds'
internal control over financial reporting. Accordingly,
we do not express an opinion on the effectiveness
of  the Funds' internal control over financial
reporting.
The management of the Funds 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  directors 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 company's annual or interim financial
statements will not be prevented or  detected on a
timely basis.
Our consideration of the Funds' 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 PCAOB.  However, we noted no deficiencies
in the Funds' internal control over financial reporting
and its operation,  including controls over
safeguarding securities, that we consider to be a
material weakness as defined  above as of October
31, 2022.
This report is intended solely for the information
and use of the Board of Trustees of Vanguard
International Equity Index Funds and the Securities
and Exchange Commission and is not intended to
be and should not be used by anyone other than
these specified parties.
December 15, 2022.
PricewaterhouseCoopers LLP, Two Commerce Square,
Suite 1800, 2001 Market Street, Philadelphia, PA
19103-7042 T: (267) 330 3000, www.pwc.com/us

```

## Internal

```

Report of Independent
Registered Public
Accounting Firm
To the Board of Trustees of
Vanguard International
Equity Index Funds and
Shareholders of Vanguard
European Stock Index Fund
Vanguard Pacific Stock Index Fund
Vanguard Global ex-U.S. Real Estate Index Fund
Vanguard Emerging Markets Stock Index Fund and
Vanguard Total World Stock Index Fund
In planning and performing our audits of the
financial statements of Vanguard European Stock
Index Fund,  Vanguard Pacific Stock Index Fund,
Vanguard Emerging Markets Stock Index Fund and
Vanguard Total World  Stock Index Fund (five of the
funds constituting Vanguard International Equity
Index Funds, hereafter collectively  referred to as
the "Funds") as of and for the year ended October
31, 2022, in accordance with the standards of the
Public Company Accounting Oversight Board
(United States) (PCAOB), we considered the Funds'
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-CEN, but not for the purpose of expressing
an opinion on the effectiveness of the Funds'
internal control over financial reporting. Accordingly,
we do not express an opinion on the effectiveness
of the  Funds' internal control over financial
reporting.
The management of the Funds 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 directors 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  company's annual or interim financial
statements will not be prevented or detected on a
timely basis.
Our consideration of the Funds' 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 PCAOB. However, we noted
no  deficiencies in the Funds' internal control
over financial reporting and its operation,
including controls over  safeguarding securities,
that we consider to be a material weakness as
defined above as of October 31, 2022.
This report is intended solely for the information and
use of the Board of Trustees of Vanguard
International Equity  Index Funds and the Securities
and Exchange Commission and is not intended to
be and should not be used by  anyone other than
these specified parties.
December 16, 2022
PricewaterhouseCoopers LLP,
Two Commerce Square, Suite
1800, 2001 Market Street,
Philadelphia, PA 19103-7042 T:
(267) 330 3000,
www.pwc.com/us

```

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0000857489

## N-CEN: Series/Class (Contract) Information

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2022-10-31

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** VANGUARD INTERNATIONAL EQUITY INDEX FUNDS

- **Item B.1.b - Investment Company Act file number:** 811-05972

- **Item B.1.c - CIK:** 0000857489

- **Item B.1.d - LEI:** 549300UR5XWDVDO7NP96

- **Item B.2.a - Street 1:** 100 VANGUARD BOULEVARD

- **Item B.2.b - City:** MALVERN

- **Item B.2.c - State:** PA

- **Item B.2.e - Zip Code:** 19355

- **Item B.2.f - Telephone:** 6106691000

- **Item B.2.g - Public Website:** www.vanguard.com

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** JPMorgan Chase Bank

- **b. Street 1:** 383 Madison Avenue

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10179

- **g. Telephone number:** 212-648-0466

- **h. Briefly describe the books and records kept at this location:** The accounts, books, and other documents required to be maintained by Registrant pursuant to section 31(a) of the Investment Company Act of 1940 and the Rules thereunder.

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** Bank of New York Mellon

- **b. Street 1:** 240 Greenwich Street

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10286

- **g. Telephone number:** 212-495-1784

- **h. Briefly describe the books and records kept at this location:** The accounts, books, and other documents required to be maintained by Registrant pursuant to section 31(a) of the Investment Company Act of 1940 and the Rules thereunder.

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** State Street Bank and Trust

- **b. Street 1:** One Lincoln Street

- **c. City:** Boston

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 20111

- **g. Telephone number:** 617-662-3839

- **h. Briefly describe the books and records kept at this location:** The accounts, books, and other documents required to be maintained by Registrant pursuant to section 31(a) of the Investment Company Act of 1940 and the Rules thereunder.

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** The Vanguard Group, Inc.

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 7

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                                                                                                                                   |
|:---|:---|:---|
| Scott C. Malpass    | No                      | 811-04526, 811-02968-99, 811-07175, 811-06093, 811-03916, 811-07443, 811-04098, 811-22619, 811-00121, 811-00834, 811-06083, 811-05340, 811-01027, 811-04570, 811-04681, 811-02368, 811-01530, 811-04474, 811-02554, 811-07239, 811-07803, 811-21478, 811-05628, 811-04571, 811-03919, 811-02687, 811-58431, 811-02652, 811-22114, 811-01766, 811-07043, 811-05445, 811-09005, 811-05962 |
| Mark Loughridge     | No                      | 811-04681, 811-22114, 811-05962, 811-01530, 811-04526, 811-02652, 811-07443, 811-03919, 811-06093, 811-05340, 811-03916, 811-02368, 811-02554, 811-01027, 811-07175, 811-00121, 811-09005, 811-05445, 811-00834, 811-07239, 811-04098, 811-02968-99, 811-21478, 811-05628, 811-06083, 811-07043, 811-07803, 811-02687, 811-58431, 811-01766, 811-04570, 811-22619, 811-04571, 811-04474 |
| Tara Bunch          | No                      | 811-05962, 811-21478, 811-07043, 811-02687, 811-22619, 811-06083, 811-07175, 811-01027, 811-03916, 811-02368, 811-00834, 811-01530, 811-04570, 811-07239, 811-02652, 811-09005, 811-04474, 811-07443, 811-02554, 811-04681, 811-05445, 811-02968-99, 811-06093, 811-07803, 811-04526, 811-01766, 811-05628, 811-00121, 811-05340, 811-03919, 811-04571, 811-22114, 811-04098, 811-58431 |
| Andre F. Perold     | No                      | 811-22619, 811-02368, 811-02554, 811-05340, 811-01027, 811-05962, 811-07443, 811-04098, 811-04570, 811-04474, 811-03919, 811-07175, 811-58431, 811-07239, 811-01530, 811-07803, 811-05628, 811-06083, 811-07043, 811-04571, 811-02968-99, 811-00121, 811-22114, 811-03916, 811-01766, 811-09005, 811-05445, 811-04681, 811-00834, 811-04526, 811-02687, 811-02652, 811-21478, 811-06093 |
| Mortimer J. Buckley | Yes                     | 811-02554, 811-03916, 811-00834, 811-05340, 811-04571, 811-06083, 811-02687, 811-01027, 811-02968-99, 811-01766, 811-00121, 811-09005, 811-01530, 811-05628, 811-21478, 811-58431, 811-07443, 811-02652, 811-07175, 811-04474, 811-04098, 811-04681, 811-07239, 811-03919, 811-04526, 811-07803, 811-06093, 811-22619, 811-04570, 811-05962, 811-05445, 811-07043, 811-02368, 811-22114 |
| Deanna Mulligan     | No                      | 811-07043, 811-04474, 811-03919, 811-03916, 811-07803, 811-02652, 811-00121, 811-05340, 811-07239, 811-21478, 811-02554, 811-06093, 811-22619, 811-00834, 811-04571, 811-02687, 811-22114, 811-01766, 811-04098, 811-07443, 811-01530, 811-05628, 811-04570, 811-09005, 811-06083, 811-05445, 811-05962, 811-04526, 811-02368, 811-02968-99, 811-58431, 811-04681, 811-07175, 811-01027 |
| F. Joseph Loughrey  | No                      | 811-07043, 811-06083, 811-05962, 811-04474, 811-04570, 811-02368, 811-01027, 811-05340, 811-01530, 811-05445, 811-07175, 811-09005, 811-02968-99, 811-07803, 811-04681, 811-03919, 811-04526, 811-00121, 811-07443, 811-21478, 811-02652, 811-22114, 811-02554, 811-05628, 811-07239, 811-03916, 811-04571, 811-00834, 811-04098, 811-01766, 811-22619, 811-58431, 811-02687, 811-06093 |
| Emerson U. Fullwood | No                      | 811-07239, 811-07803, 811-04098, 811-07043, 811-07443, 811-03919, 811-05445, 811-58431, 811-02968-99, 811-06083, 811-04526, 811-04681, 811-05340, 811-05628, 811-04571, 811-22619, 811-04570, 811-22114, 811-04474, 811-01766, 811-05962, 811-21478, 811-09005, 811-02368, 811-07175, 811-06093, 811-02687, 811-03916, 811-02554, 811-00121, 811-02652, 811-01530, 811-01027, 811-00834 |
| David Thomas        | No                      | 811-22114, 811-07239, 811-05962, 811-04571, 811-00121, 811-06083, 811-05445, 811-58431, 811-07175, 811-01766, 811-00834, 811-04474, 811-03919, 811-02554, 811-04570, 811-05628, 811-03916, 811-21478, 811-07043, 811-02687, 811-04526, 811-04681, 811-04098, 811-02368, 811-09005, 811-07443, 811-01530, 811-07803, 811-05340, 811-06093, 811-22619, 811-01027, 811-02652, 811-02968-99 |
| Sarah Bloom Raskin  | No                      | 811-22114, 811-04681, 811-07443, 811-00834, 811-04098, 811-05962, 811-07043, 811-02554, 811-09005, 811-02687, 811-04570, 811-21478, 811-58431, 811-01530, 811-06093, 811-05340, 811-22619, 811-01766, 811-04474, 811-07239, 811-03916, 811-02368, 811-04571, 811-01027, 811-02968-99, 811-05628, 811-04526, 811-05445, 811-03919, 811-06083, 811-07175, 811-02652, 811-00121, 811-07803 |
| Peter F. Volanakis  | No                      | 811-05628, 811-06083, 811-06093, 811-07239, 811-04570, 811-04681, 811-05962, 811-21478, 811-03919, 811-09005, 811-04098, 811-22114, 811-00834, 811-01766, 811-02554, 811-07803, 811-22619, 811-07443, 811-02652, 811-00121, 811-02687, 811-01027, 811-03916, 811-02968-99, 811-04474, 811-04526, 811-07043, 811-01530, 811-04571, 811-05340, 811-05445, 811-58431, 811-07175, 811-02368 |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** John E. Schadl

- **b. CRD Number, if any:** 006931790

- **c. Street Address 1:** 100 Vanguard Boulevard

- **d. City:** Malvern

- **e. State, if applicable:** PA

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 19355

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** No

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a.i - Release numbers:**
  - IC-26436
  - IC-9001
  - IC-27386
  - IC-9664
  - IC-11645
  - IC-19184
  - IC-8676
  - IC-9205
  - IC-26281

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** VANGUARD MARKETING CORP.

- **ii. SEC file number:** 8-21570

- **iii. CRD number:** 000007452

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** No

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** PRICEWATERHOUSECOOPERS LLP

- **b. PCAOB Number:** 000000238

- **c. LEI, if any:** 5493002GVO7EO8RNNS37

- **d. State, if applicable:** PA

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

- **Item B.23 - Did the Registrant pay any dividend or make any distribution required to be accompanied by a written statement?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - VANGUARD TOTAL WORLD STOCK INDEX FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** VANGUARD TOTAL WORLD STOCK INDEX FUND

- **b. Series identification number, if any:** S000022482

- **c. LEI:** 78WHRHOLFN8O2AJ0B221

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 3

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Institutional Shares    | C000065039                                | VTWIX                        |
|                           2 | Admiral Shares          | C000209799                                | VTWAX                        |
|                           3 | ETF Shares              | C000065038                                | VT                           |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. Is the securities lending agent an affiliated person...?** Yes

**Securities Lending Record: 2**

- **i. Full name of securities lending agent:** Brown Brothers Harriman & Co.

- **ii. LEI, if any:** 5493006KMX1VFTPYPW14

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [x] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $172,555,663.07

- **g. Provide the net income from securities lending activities:** $6,237,820.17

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 17a-7 (17 CFR 270.17a-7)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. SEC file number:** 801-11953

- **iii. CRD number:** 000105958

- **iv. LEI, if any:** 5493002789CX3L0CJP65

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** THE VANGUARD GROUP, INC.

- **ii. SEC file number:** 084-00772

- **iii. LEI, if any:** 5493002789CX3L0CJP65

- **iv. State, if applicable:** PA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** JPMorgan Chase Bank

- **ii. LEI, if any, or provide and describe other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Markit North America INC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-4153988

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Bloomberg Finance LP

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Refinitiv US LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 20-4530702

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** ICE Data Pricing and Reference Data LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-36687789

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Markit Group Limited

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** ITG Analytics Inc

- **ii. LEI, if any, or provide and describe other identifying number:** 41-2190282

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** Citibank Maghreb S.A.

- **ii. LEI, if any:** 5493003FVWLMBFTISI11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** Banco de Chile

- **ii. LEI, if any:** 8B4EZFY8IHJC44TT2K84

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** Standard Chartered Bank (Thai) Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** Bank Handlowy w Warszawie S.A.

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** Citibank, N.A.

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** First Abu Dhabi Bank P.J.S.C.

- **ii. LEI, if any:** 2138002Y3WMK6RZS8H90

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** AO Citibank

- **ii. LEI, if any:** CHSQDSVI1UI96Y2SW097

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** Saudi British Bank

- **ii. LEI, if any:** 558600TQS0WENZUC5190

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** Standard Chartered Bank

- **ii. LEI, if any:** RILFO74KP1CM8P6PCT96

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** Ceskoslovenska obchodni banka, a.s.

- **ii. LEI, if any:** Q5BP2UEQ48R75BOTCB92

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** Standard Chartered Bank (Hong Kong) Limited

- **ii. LEI, if any:** X5AV1MBDXGRPX5UGMX13

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** Landsbankinn hf.

- **ii. LEI, if any:** 549300TLZPT6JELDWM92

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Citibank N.A.

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** State Street Bank and Trust Company, United Kingdom branch

- **ii. LEI, if any:** 213800YAZLPV26WFM449

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** HSBC Bank Middle East Limited

- **ii. LEI, if any:** 549300F99IL9YJDWH369

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** Citibank Europe plc, Dublin, Ireland

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** Euroclear Bank S.A./N.V.

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 26**

- **i. Full name:** First Abu Dhabi Bank P.J.S.C.

- **ii. LEI, if any:** 2138002Y3WMK6RZS8H90

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** Standard Chartered Bank (Tanzania) Limited

- **ii. LEI, if any:** 549300RLNUU3GJS6MK84

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** UniCredit Bank Hungary Zrt.

- **ii. LEI, if any:** Y28RT6GGYJ696PMW8T44

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** Citibank Europe plc, Dublin, Ireland

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** First Abu Dhabi Bank P.J.S.C.

- **ii. LEI, if any:** 2138002Y3WMK6RZS8H90

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** Citibank, N.A.

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 34**

- **i. Full name:** Citibank, A.S.

- **ii. LEI, if any:** CWZ8NZDH5SKY12Q4US31

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 35**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 36**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 37**

- **i. Full name:** Standard Chartered Bank Malaysia Berhad

- **ii. LEI, if any:** 549300JTJBG2QBI8KD48

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 38**

- **i. Full name:** Citibank del Peru, S.A.

- **ii. LEI, if any:** MYTK5NHHP1G8TVFGT193

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 39**

- **i. Full name:** Standard Chartered Bank

- **ii. LEI, if any:** RILFO74KP1CM8P6PCT96

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 40**

- **i. Full name:** Banco Nacional de Mexico, S.A.

- **ii. LEI, if any:** 2SFFM4FUIE05S37WFU55

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 41**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 42**

- **i. Full name:** Cititrust Colombia S.A. Sociedad Fiduciaria

- **ii. LEI, if any:** SSER7O0CV66FF0PRYK94

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 43**

- **i. Full name:** Bank Hapoalim B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 44**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 45**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 46**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 47**

- **i. Full name:** Citibank Europe plc, Dublin Romania Branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 48**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 49**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 50**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 51**

- **i. Full name:** Deutsche Bank AG

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 52**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 53**

- **i. Full name:** Citibank, N.A.

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 54**

- **i. Full name:** Credit Suisse (Switzerland) Limited

- **ii. LEI, if any:** 549300CWR0W0BCS9Q144

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 55**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 56**

- **i. Full name:** Citibank N.A., Karachi

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** Yes

**Administrators Record: 2**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any, or other identifying number:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 008-00129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $43,471.24

**Brokers Record: 2**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 008-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $41,765.56

**Brokers Record: 3**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $90,757.89

**Brokers Record: 4**

- **i. Full name of broker:** Credit Suisse Securities (USA) LLC

- **ii. SEC file number:** 008-00422

- **iii. CRD number:** 000000816

- **iv. LEI, if any:** 1V8Y6QCX6YMJ2OELII46

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $32,713.36

**Brokers Record: 5**

- **i. Full name of broker:** J.P. Morgan Securities PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** K6Q0W1PS1L1O4IQL9C32

- **vii. Gross commissions paid by the Fund for the reporting period:** $77,694.02

**Brokers Record: 6**

- **i. Full name of broker:** Merrill Lynch International

- **ii. SEC file number:** N/A

- **iii. CRD number:** 000162416

- **iv. LEI, if any:** GGDZP1UYGU9STUHRDP48

- **vii. Gross commissions paid by the Fund for the reporting period:** $75,362.53

**Brokers Record: 7**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $52,792.12

**Brokers Record: 8**

- **i. Full name of broker:** Instinet Pacific Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300RI6VZUNIR81J81

- **vii. Gross commissions paid by the Fund for the reporting period:** $31,859.85

**Brokers Record: 9**

- **i. Full name of broker:** Citigroup Global Markets Inc.

- **ii. SEC file number:** 008-08177

- **iii. CRD number:** 000007059

- **iv. LEI, if any:** MBNUM2BPBDO7JBLYG310

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $38,632.92

**Brokers Record: 10**

- **i. Full name of broker:** J.P. Morgan Securities (Asia Pacific) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 871JPXVZ0Z8I863B6V34

- **vii. Gross commissions paid by the Fund for the reporting period:** $34,608.30

**Aggregate Commission:** $844,896.57

**Item C.17.a. Principal transaction counterparties.**

| Name                                          | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Instinet Pacific Limited                      | N/A               | N/A          | 549300RI6VZUNIR81J81 |  |  | $16,318,365.04            |
| Instinet Europe Limited                       | N/A               | N/A          | 213800MXAKR2LA1VBM44 |  |  | $10,198,746.68            |
| J.P. Morgan Securities PLC                    | N/A               | N/A          | K6Q0W1PS1L1O4IQL9C32 |  |  | $58,255,677.13            |
| J.P. Morgan Securities (Asia Pacific) Limited | N/A               | N/A          | 871JPXVZ0Z8I863B6V34 |  |  | $8,265,795.54             |
| Goldman Sachs International                   | N/A               | N/A          | W22LROWP2IHZNBB6K528 |  |  | $18,594,946.25            |
| Morgan Stanley & Co. International PLC        | N/A               | N/A          | 4PQUHN3JPFGFNF3BB653 |  |  | $7,669,302.30             |
| J.P. Morgan Securities LLC                    | 008-35008         | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $12,469,256.81            |
| Vanguard Market Liquidity Fund                | N/A               | N/A          | 1I6HV0TLSTR3A4XQ6L78 | PA      | US        | $8,996,269,131.03         |
| Morgan Stanley & Co. LLC                      | 008-15869         | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $14,734,268.68            |
| Morgan Stanley India Company Private Limited  | N/A               | N/A          | OYO6KC46QF54MHNL5D43 |  |  | $7,051,992.85             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $9,221,258,692.15

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $32,568,013,033.79

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $4,385,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 2 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 3 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 4 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 5 Name of institution:** Bank of America N.A.

  - **Line Institutions Record: 6 Name of institution:** Bank of Montreal, Chicago Branch

  - **Line Institutions Record: 7 Name of institution:** Societe Generale

  - **Line Institutions Record: 8 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 9 Name of institution:** HSBC Bank USA, N.A.

  - **Line Institutions Record: 10 Name of institution:** Barclays Bank plc

  - **Line Institutions Record: 11 Name of institution:** The Bank of Nova Scotia, Houston Branch

  - **Line Institutions Record: 12 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 13 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 14 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 15 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 16 Name of institution:** BNP Paribas

  - **Line Institutions Record: 17 Name of institution:** The Northern Trust Company

  - **Line Institutions Record: 18 Name of institution:** Canadian Imperial Bank of Commerce, New York Branch

  - **Line Institutions Record: 19 Name of institution:** Credit Suisse AG, New York Branch

  - **Line Institutions Record: 20 Name of institution:** PNC Bank, National Association

  - **Line Institutions Record: 21 Name of institution:** Wells Fargo Bank, National Association

  - **Line Institutions Record: 22 Name of institution:** State Street Bank and Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                  | SEC File number   |
|:---|:---|
| Vanguard Russell 3000 Index Fund                              | 811-07803         |
| Vanguard Health Care Fund                                     | 811-03916         |
| Vanguard Target Retirement 2065 Fund                          | 811-04098         |
| Vanguard Growth Portfolio                                     | 811-05962         |
| Vanguard Pennsylvania Long-Term Tax-Exempt Fund               | 811-04571         |
| Vanguard New York Municipal Money Market Fund                 | 811-04570         |
| Vanguard Real Estate Index Portfolio                          | 811-05962         |
| Vanguard Wellington Fund                                      | 811-00121         |
| Vanguard ESG U.S. Corporate Bond ETF                          | 811-01027         |
| Vanguard Treasury Money Market Fund                           | 811-07043         |
| Vanguard Global Capital Cycles Fund                           | 811-03916         |
| Vanguard Market Neutral Fund                                  | 811-22114         |
| Vanguard FTSE All-World ex-US Index Fund                      | 811-05972         |
| Vanguard Total Corporate Bond ETF                             | 811-07803         |
| Vanguard Explorer Value Fund                                  | 811-07803         |
| Vanguard Target Retirement Income Fund                        | 811-04098         |
| Vanguard Target Retirement 2035 Fund                          | 811-04098         |
| Vanguard Long-Term Treasury Index Fund                        | 811-07803         |
| Vanguard Growth Index Fund                                    | 811-02652         |
| Vanguard Large-Cap Index Fund                                 | 811-02652         |
| Vanguard New Jersey Long-Term Tax-Exempt Fund                 | 811-05340         |
| Vanguard High-Yield Tax-Exempt Fund                           | 811-02687         |
| Vanguard S&P Small-Cap 600 Growth Index Fund                  | 811-07043         |
| Vanguard Global ex-U.S. Real Estate Index Fund                | 811-05972         |
| Vanguard Tax-Managed Balanced Fund                            | 811-07175         |
| Vanguard Dividend Appreciation Index Fund                     | 811-03916         |
| Vanguard Conservative Allocation Portfolio                    | 811-05962         |
| Vanguard ESG International Stock ETF                          | 811-01027         |
| Vanguard Institutional Intermediate-Term Bond Fund            | 811-05628         |
| Vanguard Mega Cap Value Index Fund                            | 811-01027         |
| Vanguard Target Retirement 2040 Fund                          | 811-04098         |
| Vanguard Total Bond Market Index Portfolio                    | 811-05962         |
| Vanguard Intermediate-Term Treasury Fund                      | 811-02368         |
| Vanguard Inflation-Protected Securities Fund                  | 811-04681         |
| Vanguard Multi-Sector Income Bond Fund                        | 811-05628         |
| Vanguard Capital Opportunity Fund                             | 811-07239         |
| Vanguard Global ESG Select Stock Fund                         | 811-03916         |
| Vanguard U.S. Liquidity Factor ETF                            | 811-00121         |
| Vanguard Institutional Index Fund                             | 811-06093         |
| Vanguard 500 Index Fund                                       | 811-02652         |
| Vanguard Energy Fund                                          | 811-03916         |
| Vanguard Total International Stock Index Fund                 | 811-03919         |
| Vanguard Mid-Cap Growth Index Fund                            | 811-02652         |
| Vanguard Mid-Cap Value Index Fund                             | 811-02652         |
| Vanguard FTSE Social Index Fund                               | 811-01027         |
| Vanguard Short-Term Federal Fund                              | 811-02368         |
| Vanguard Utilities Index Fund                                 | 811-01027         |
| Vanguard U.S. Quality Factor ETF                              | 811-00121         |
| Vanguard New York Long-Term Tax-Exempt Fund                   | 811-04570         |
| Vanguard Long-Term Investment-Grade Fund                      | 811-02368         |
| Vanguard Balanced Index Fund                                  | 811-58431         |
| Vanguard Explorer Fund                                        | 811-01530         |
| Vanguard S&P Mid-Cap 400 Index Fund                           | 811-07043         |
| Vanguard Equity Income Portfolio                              | 811-05962         |
| Vanguard S&P Small-Cap 600 Value Index Fund                   | 811-07043         |
| Vanguard U.S. Momentum Factor ETF                             | 811-00121         |
| Vanguard Institutional Short-Term Bond Fund                   | 811-05628         |
| Vanguard California Municipal Money Market Fund               | 811-04474         |
| Vanguard Total Stock Market Index Fund                        | 811-02652         |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund            | 811-05972         |
| Vanguard Small-Cap Value Index Fund                           | 811-02652         |
| Vanguard Small-Cap Growth Index Fund                          | 811-02652         |
| Vanguard Municipal Money Market Fund                          | 811-02687         |
| Vanguard Materials Index Fund                                 | 811-01027         |
| Vanguard Value Index Fund                                     | 811-02652         |
| Vanguard Intermediate-Term Investment-Grade Fund              | 811-02368         |
| Vanguard Developed Markets Index Fund                         | 811-07175         |
| Vanguard Consumer Discretionary Index Fund                    | 811-01027         |
| Vanguard Target Retirement 2025 Fund                          | 811-04098         |
| Vanguard Global Wellington Fund                               | 811-01027         |
| Vanguard International Core Stock Fund                        | 811-07239         |
| Vanguard Core-Plus Bond Fund                                  | 811-05628         |
| Vanguard Tax-Exempt Bond Index Fund                           | 811-02687         |
| Vanguard Commodity Strategy Fund                              | 811-02968-99      |
| Vanguard California Long-Term Tax-Exempt Fund                 | 811-04474         |
| Vanguard Short-Term Treasury Fund                             | 811-02368         |
| Vanguard Windsor Fund                                         | 811-00834         |
| Vanguard California Intermediate-Term Tax-Exempt Fund         | 811-04474         |
| Vanguard Wellesley Income Fund                                | 811-01766         |
| Vanguard Global Credit Bond Fund                              | 811-22619         |
| Vanguard U.S. Minimum Volatility ETF                          | 811-00121         |
| Vanguard Emerging Markets Select Stock Fund                   | 811-02968-99      |
| Vanguard U.S. Growth Fund                                     | 811-01027         |
| Vanguard Mega Cap Growth Index Fund                           | 811-01027         |
| Vanguard GNMA Fund                                            | 811-02368         |
| Vanguard STAR Fund                                            | 811-03919         |
| Vanguard Total Bond Market II Index Fund                      | 811-04681         |
| Vanguard Emerging Markets Stock Index Fund                    | 811-05972         |
| Vanguard Short-Term Bond Index Fund                           | 811-04681         |
| Vanguard Russell 2000 Value Index Fund                        | 811-07803         |
| Vanguard S&P 500 Growth Index Fund                            | 811-07043         |
| Vanguard Energy Index Fund                                    | 811-01027         |
| Vanguard Alternative Strategies Fund                          | 811-02968-99      |
| Vanguard U.S. Multifactor Fund                                | 811-00121         |
| Vanguard Emerging Markets Bond Fund                           | 811-05628         |
| Vanguard Total World Bond ETF                                 | 811-07803         |
| Vanguard High-Yield Corporate Fund                            | 811-02368         |
| Vanguard Real Estate Index Fund                               | 811-03916         |
| Vanguard Extended Market Index Fund                           | 811-02652         |
| Vanguard Advice Select Dividend Growth Fund                   | 811-07443         |
| Vanguard Target Retirement 2030 Fund                          | 811-04098         |
| Vanguard Limited-Term Tax-Exempt Fund                         | 811-02687         |
| Vanguard Target Retirement 2045 Fund                          | 811-04098         |
| Vanguard European Stock Index Fund                            | 811-05972         |
| Vanguard PRIMECAP Core Fund                                   | 811-05445         |
| Vanguard Ohio Long-Term Tax-Exempt Fund                       | 811-06083         |
| Vanguard Cash Reserves Federal Money Market Fund              | 811-02554         |
| Vanguard Total Bond Market Index Fund                         | 811-04681         |
| Vanguard Market Liquidity Fund                                | 811-21478         |
| Vanguard Global Minimum Volatility Fund                       | 811-07443         |
| Vanguard S&P Mid-Cap 400 Value Index Fund                     | 811-07043         |
| Vanguard Total International Bond II Index Fund               | 811-22619         |
| Vanguard Massachusetts Tax-Exempt Fund                        | 811-09005         |
| Vanguard Equity Index Portfolio                               | 811-05962         |
| Vanguard Target Retirement 2060 Fund                          | 811-04098         |
| Vanguard Mega Cap Index Fund                                  | 811-01027         |
| Vanguard International Growth Fund                            | 811-01027         |
| Vanguard Equity Income Fund                                   | 811-05445         |
| Vanguard Total International Bond Index Fund                  | 811-22619         |
| Vanguard Short-Term Investment-Grade Portfolio                | 811-05962         |
| Vanguard Institutional Total Stock Market Index Fund          | 811-06093         |
| Vanguard U.S. Value Factor ETF                                | 811-00121         |
| Vanguard Municipal Cash Management Fund                       | 811-21478         |
| Vanguard Intermediate-Term Bond Index Fund                    | 811-04681         |
| Vanguard Small Company Growth Portfolio                       | 811-05962         |
| Vanguard Mid-Cap Index Portfolio                              | 811-05962         |
| Vanguard Short-Term Investment-Grade Fund                     | 811-02368         |
| Vanguard Mid-Cap Index Fund                                   | 811-02652         |
| Vanguard Information Technology Index Fund                    | 811-01027         |
| Vanguard Target Retirement 2050 Fund                          | 811-04098         |
| Vanguard Ultra-Short-Term Bond Fund                           | 811-02368         |
| Vanguard Russell 2000 Index Fund                              | 811-07803         |
| Vanguard Long-Term Treasury Fund                              | 811-02368         |
| Vanguard Advice Select Global Value Fund                      | 811-07443         |
| Vanguard Total Stock Market Index Portfolio                   | 811-05962         |
| Vanguard Selected Value Fund                                  | 811-07443         |
| Vanguard S&P Mid-Cap 400 Growth Index Fund                    | 811-07043         |
| Vanguard Dividend Growth Fund                                 | 811-03916         |
| Vanguard Growth and Income Fund                               | 811-04526         |
| Vanguard Short-Term Tax-Exempt Fund                           | 811-02687         |
| Vanguard Mid-Cap Growth Fund                                  | 811-07443         |
| Vanguard Small-Cap Index Fund                                 | 811-02652         |
| Vanguard High-Yield Bond Portfolio                            | 811-05962         |
| Vanguard Long-Term Bond Index Fund                            | 811-04681         |
| Vanguard Diversified Value Portfolio                          | 811-05962         |
| Vanguard LifeStrategy Growth Fund                             | 811-03919         |
| Vanguard Capital Growth Portfolio                             | 811-05962         |
| Vanguard Russell 2000 Growth Index Fund                       | 811-07803         |
| Vanguard Real Estate II Index Fund                            | 811-02368         |
| Vanguard Target Retirement 2020 Fund                          | 811-04098         |
| Vanguard Consumer Staples Index Fund                          | 811-01027         |
| Vanguard ESG U.S. Stock ETF                                   | 811-01027         |
| Vanguard S&P Small-Cap 600 Index Fund                         | 811-07043         |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 811-05628         |
| Vanguard Federal Money Market Fund                            | 811-02554         |
| Vanguard Advice Select International Growth Fund              | 811-07443         |
| Vanguard International Dividend Appreciation Index Fund       | 811-07443         |
| Vanguard Short-Term Treasury Index Fund                       | 811-07803         |
| Vanguard U.S. Multifactor ETF                                 | 811-00121         |
| Vanguard Communication Services Index Fund                    | 811-01027         |
| Vanguard Russell 1000 Growth Index Fund                       | 811-07803         |
| Vanguard Global Bond Index Portfolio                          | 811-05962         |
| Vanguard Core Bond Fund                                       | 811-05628         |
| Vanguard Global Wellesley Income Fund                         | 811-01027         |
| Vanguard Target Retirement 2055 Fund                          | 811-04098         |
| Vanguard S&P 500 Value Index Fund                             | 811-07043         |
| Vanguard LifeStrategy Income Fund                             | 811-03919         |
| Vanguard Pacific Stock Index Fund                             | 811-05972         |
| Vanguard Ultra-Short Bond ETF                                 | 811-04681         |
| Vanguard Strategic Equity Fund                                | 811-07239         |
| Vanguard Balanced Portfolio                                   | 811-05962         |
| Vanguard Tax-Managed Small-Cap Fund                           | 811-07175         |
| Vanguard Strategic Small-Cap Equity Fund                      | 811-07239         |
| Vanguard Extended Duration Treasury Index Fund                | 811-01027         |
| Vanguard International Portfolio                              | 811-05962         |
| Vanguard LifeStrategy Moderate Growth Fund                    | 811-03919         |
| Vanguard Short-Term Corporate Bond Index Fund                 | 811-07803         |
| Vanguard Russell 1000 Value Index Fund                        | 811-07803         |
| Vanguard Moderate Allocation Portfolio                        | 811-05962         |
| Vanguard Intermediate-Term Treasury Index Fund                | 811-07803         |
| Vanguard International Value Fund                             | 811-02968-99      |
| Vanguard Total International Stock Market Index Portfolio     | 811-05962         |
| Vanguard Industrials Index Fund                               | 811-01027         |
| Vanguard International High Dividend Yield Index Fund         | 811-07443         |
| Vanguard High Dividend Yield Index Fund                       | 811-07443         |
| Vanguard Financials Index Fund                                | 811-01027         |
| Vanguard Windsor II Fund                                      | 811-00834         |
| Vanguard LifeStrategy Conservative Growth Fund                | 811-03919         |
| Vanguard Intermediate-Term Corporate Bond Index Fund          | 811-07803         |
| Vanguard Intermediate-Term Tax-Exempt Fund                    | 811-02687         |
| Vanguard Managed Allocation Fund                              | 811-58431         |
| Vanguard PRIMECAP Fund                                        | 811-04098         |
| Vanguard Tax-Managed Capital Appreciation Fund                | 811-07175         |
| Vanguard Money Market Portfolio                               | 811-05962         |
| Vanguard Long-Term Tax-Exempt Fund                            | 811-02687         |
| Vanguard International Explorer Fund                          | 811-07443         |
| Vanguard Mortgage-Backed Securities Index Fund                | 811-07803         |
| Vanguard Emerging Markets Government Bond Index Fund          | 811-07443         |
| Vanguard Long-Term Corporate Bond Index Fund                  | 811-07803         |
| Vanguard Global Equity Fund                                   | 811-07239         |
| Vanguard Diversified Equity Fund                              | 811-02968-99      |
| Vanguard Russell 1000 Index Fund                              | 811-07803         |
| Vanguard Health Care Index Fund                               | 811-01027         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 2 - VANGUARD FTSE ALL-WORLD EX-US INDEX FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** VANGUARD FTSE ALL-WORLD EX-US INDEX FUND

- **b. Series identification number, if any:** S000015871

- **c. LEI:** DHT9U5XH2TTB8CZQX861

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 4

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class     | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Institutional Plus Shares | C000096109                                | VFWPX                        |
|                           2 | Institutional Shares      | C000043573                                | VFWSX                        |
|                           3 | ETF Shares                | C000043572                                | VEU                          |
|                           4 | Admiral Shares            | C000105302                                | VFWAX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. Is the securities lending agent an affiliated person...?** Yes

**Securities Lending Record: 2**

- **i. Full name of securities lending agent:** Brown Brothers Harriman & Co.

- **ii. LEI, if any:** 5493006KMX1VFTPYPW14

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [x] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $377,439,339.60

- **g. Provide the net income from securities lending activities:** $9,929,430.74

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. SEC file number:** 801-11953

- **iii. CRD number:** 000105958

- **iv. LEI, if any:** 5493002789CX3L0CJP65

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** THE VANGUARD GROUP, INC.

- **ii. SEC file number:** 084-00772

- **iii. LEI, if any:** 5493002789CX3L0CJP65

- **iv. State, if applicable:** PA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** JPMorgan Chase Bank

- **ii. LEI, if any, or provide and describe other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Pricing and Reference Data LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-36687789

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Markit Group Limited

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Bloomberg Finance LP

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** ITG Analytics Inc

- **ii. LEI, if any, or provide and describe other identifying number:** 41-2190282

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Markit North America INC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-4153988

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** Refinitiv US LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 20-4530702

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** The Bank of New York Mellon SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 2**

- **i. Full name:** HONGKONG AND SHANGHAI BANKING CORPORATION, HONG KONG

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** Skandinaviska Enskilda Banken, Helsinki branch

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** EUROCLEAR BELGIUM

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 5**

- **i. Full name:** CITITRUST S.A., BOGOTA

- **ii. LEI, if any:** 6SHGI4ZSSLCXXQSBB395

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** CITIBANK EUROPE PLC, HUNGARIAN BRANCH OFFICE

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** PJSC ROSBANK

- **ii. LEI, if any:** HOXMZG026UQNRK6J0C60

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** BANK POLSKA KASA OPIEKI S.A.

- **ii. LEI, if any:** 5493000LKS7B3UTF7H35

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** DEUTSCHE BANK (MALAYSIA) BERHAD

- **ii. LEI, if any:** 529900DLWFR8HK7DR278

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** CITIBANK N.A., SUCURSAL DE LIMA

- **ii. LEI, if any:** MYTK5NHHP1G8TVFGT193

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** BANK HAPOALIM B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** DEUTSCHE BANK AG KARACHI BRANCH

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** HSBC BANK MIDDLE EAST LIMITED, DUBAI

- **ii. LEI, if any:** MLU0ZO3ML4LN2LL2TL39

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** Citibank Europe Plc, Greece branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** CITIBANK ARGENTINA, BUENOS AIRES

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** Caceis Bank Spain S.A.U

- **ii. LEI, if any:** 95980020140005970915

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 18**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN AB, COPENHAGEN BRANCH

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** CITIBANK N.A., BRAZILIAN BRANCH

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Citibank Europe Plc

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** STANDARD BANK OF SOUTH AFRICA, JOHANNESBURG

- **ii. LEI, if any:** QFC8ZCW3Q5PRXU1XTM60

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** CIBC MELLON TRUST COMPANY

- **ii. LEI, if any:** 549300IYUUH221WBZ505

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** CITIBANK MAGHREB

- **ii. LEI, if any:** 6SHGI4ZSSLCXXQSBB395

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** The Bank of New York Mellon SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 26**

- **i. Full name:** EUROCLEAR BANK, BRUSSELS

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 27**

- **i. Full name:** HSBC BANK EGYPT

- **ii. LEI, if any:** 2138001Q77JDLESS4Y50

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN, STOCKHOLM

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** HSBC Shanghai-Hong Kong Stock Connect SPSA

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** MIZUHO BANK, LTD

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** HONGKONG AND SHANGAI BANKING CORPORATION, BANGKOK

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 33**

- **i. Full name:** DEUTSCHE BANK AG MUMBAI

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 34**

- **i. Full name:** HSBC NEW ZEALAND

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 35**

- **i. Full name:** DEUTSCHE BANK-SEOUL BRANCH

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 36**

- **i. Full name:** CITBANK EUROPE PLC

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 37**

- **i. Full name:** HSBC SHENZHEN

- **ii. LEI, if any:** 2CZOJRADNJXBLT55G526

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 38**

- **i. Full name:** HSBC SHANGHAI

- **ii. LEI, if any:** 2CZOJRADNJXBLT55G526

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 39**

- **i. Full name:** Qatar National Bank

- **ii. LEI, if any:** 5493OOFFSRVBS0SQXY75

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 40**

- **i. Full name:** THE BANK OF NEW YORK MELLON SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 41**

- **i. Full name:** CREDIT SUISSE (SWITZERLAND) LTD

- **ii. LEI, if any:** 549300CWR0W0BCS9Q144

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 42**

- **i. Full name:** DEUTSCHE BANK, ISTANBUL

- **ii. LEI, if any:** 789000N5SE3LWDK7OI11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 43**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 44**

- **i. Full name:** THE BANK OF NEW YORK MELLON SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 45**

- **i. Full name:** Banco Santander Chile

- **ii. LEI, if any:** 3YJP8HORPAEXJ80D6368

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 46**

- **i. Full name:** Standard Chartered Bank (Singapore) Limited

- **ii. LEI, if any:** 549300MDYVVHJ8D1DW28

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 47**

- **i. Full name:** THE BANK OF NEW YORK MELLON

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 48**

- **i. Full name:** DEUTSCHE BANK AG, JAKARTA

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 49**

- **i. Full name:** HSBC BANK MIDDLE EAST, KUWAIT

- **ii. LEI, if any:** MLU0ZO3ML4LN2LL2TL39

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 50**

- **i. Full name:** THE BANK OF NEW YORK MELLON

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 51**

- **i. Full name:** LANDSBANKINN HF.

- **ii. LEI, if any:** 549300TLZPT6JELDWM92

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 52**

- **i. Full name:** HSBC BANK (TAIWAN) LIMITED

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 53**

- **i. Full name:** Citibank Europe Plc, Greece branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 54**

- **i. Full name:** DEUTSCHE BANK AG, MANILA BRANCH

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 55**

- **i. Full name:** HSBC SAUDI ARABIA

- **ii. LEI, if any:** 558600MV09XWUB38H245

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 56**

- **i. Full name:** CITIBANAMEX, MEXICO CITY

- **ii. LEI, if any:** 2SFFM4FUIE05S37WFU55

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 57**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN AB, OSLO BRANCH

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 58**

- **i. Full name:** Citibank Europe Plc

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** Yes

**Administrators Record: 2**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any, or other identifying number:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Merrill Lynch International

- **ii. SEC file number:** N/A

- **iii. CRD number:** 000162416

- **iv. LEI, if any:** GGDZP1UYGU9STUHRDP48

- **vii. Gross commissions paid by the Fund for the reporting period:** $189,936.12

**Brokers Record: 2**

- **i. Full name of broker:** Instinet Europe Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 213800MXAKR2LA1VBM44

- **vii. Gross commissions paid by the Fund for the reporting period:** $61,935.09

**Brokers Record: 3**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $121,193.91

**Brokers Record: 4**

- **i. Full name of broker:** Credit Suisse Securities (Europe) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** DL6FFRRLF74S01HE2M14

- **vii. Gross commissions paid by the Fund for the reporting period:** $84,695.09

**Brokers Record: 5**

- **i. Full name of broker:** Goldman Sachs International

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** W22LROWP2IHZNBB6K528

- **vii. Gross commissions paid by the Fund for the reporting period:** $63,281.16

**Brokers Record: 6**

- **i. Full name of broker:** J.P. Morgan Securities (Asia Pacific) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 871JPXVZ0Z8I863B6V34

- **vii. Gross commissions paid by the Fund for the reporting period:** $67,946.47

**Brokers Record: 7**

- **i. Full name of broker:** Morgan Stanley & Co. International PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 4PQUHN3JPFGFNF3BB653

- **vii. Gross commissions paid by the Fund for the reporting period:** $72,156.49

**Brokers Record: 8**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $179,894.39

**Brokers Record: 9**

- **i. Full name of broker:** J.P. Morgan Securities PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** K6Q0W1PS1L1O4IQL9C32

- **vii. Gross commissions paid by the Fund for the reporting period:** $201,864.00

**Brokers Record: 10**

- **i. Full name of broker:** J.P. Morgan India Private Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 5493003NTMEZM4AYVW24

- **vii. Gross commissions paid by the Fund for the reporting period:** $68,184.73

**Aggregate Commission:** $1,666,993.28

**Item C.17.a. Principal transaction counterparties.**

| Name                                          | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| J.P. Morgan Securities PLC                    | N/A               | N/A          | K6Q0W1PS1L1O4IQL9C32 |  |  | $26,708,769.16            |
| J.P. Morgan Securities (Asia Pacific) Limited | N/A               | N/A          | 871JPXVZ0Z8I863B6V34 |  |  | $14,888,951.03            |
| Instinet Europe Limited                       | N/A               | N/A          | 213800MXAKR2LA1VBM44 |  |  | $13,155,013.54            |
| Instinet Pacific Limited                      | N/A               | N/A          | 549300RI6VZUNIR81J81 |  |  | $14,275,285.89            |
| Goldman Sachs International                   | N/A               | N/A          | W22LROWP2IHZNBB6K528 |  |  | $27,655,894.51            |
| UBS Securities Asia Limited                   | N/A               | N/A          | 549300Y35FCB6270R069 |  |  | $15,221,089.14            |
| Vanguard Market Liquidity Fund                | N/A               | N/A          | 1I6HV0TLSTR3A4XQ6L78 | PA      | US        | $19,288,804,175.28        |
| Exane                                         | N/A               | N/A          | 969500UP76J52A9OXU27 |  |  | $42,799,960.36            |
| J.P. Morgan Securities LLC                    | 008-35008         | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $11,685,648.67            |
| Morgan Stanley & Co. LLC                      | 008-15869         | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $11,611,927.56            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $19,616,004,827.92

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $48,736,233,329.32

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $4,385,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 2 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 3 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 4 Name of institution:** The Northern Trust Company

  - **Line Institutions Record: 5 Name of institution:** The Bank of Nova Scotia, Houston Branch

  - **Line Institutions Record: 6 Name of institution:** Credit Suisse AG, New York Branch

  - **Line Institutions Record: 7 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 8 Name of institution:** Bank of Montreal, Chicago Branch

  - **Line Institutions Record: 9 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 10 Name of institution:** Canadian Imperial Bank of Commerce, New York Branch

  - **Line Institutions Record: 11 Name of institution:** Bank of America N.A.

  - **Line Institutions Record: 12 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 13 Name of institution:** Wells Fargo Bank, National Association

  - **Line Institutions Record: 14 Name of institution:** PNC Bank, National Association

  - **Line Institutions Record: 15 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 16 Name of institution:** Barclays Bank plc

  - **Line Institutions Record: 17 Name of institution:** BNP Paribas

  - **Line Institutions Record: 18 Name of institution:** Societe Generale

  - **Line Institutions Record: 19 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 20 Name of institution:** HSBC Bank USA, N.A.

  - **Line Institutions Record: 21 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 22 Name of institution:** State Street Bank and Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                  | SEC File number   |
|:---|:---|
| Vanguard Global Minimum Volatility Fund                       | 811-07443         |
| Vanguard Pacific Stock Index Fund                             | 811-05972         |
| Vanguard Real Estate II Index Fund                            | 811-02368         |
| Vanguard Information Technology Index Fund                    | 811-01027         |
| Vanguard Short-Term Corporate Bond Index Fund                 | 811-07803         |
| Vanguard Target Retirement 2045 Fund                          | 811-04098         |
| Vanguard Ultra-Short-Term Bond Fund                           | 811-02368         |
| Vanguard Total Stock Market Index Portfolio                   | 811-05962         |
| Vanguard LifeStrategy Conservative Growth Fund                | 811-03919         |
| Vanguard GNMA Fund                                            | 811-02368         |
| Vanguard Mega Cap Growth Index Fund                           | 811-01027         |
| Vanguard High-Yield Tax-Exempt Fund                           | 811-02687         |
| Vanguard Global Equity Fund                                   | 811-07239         |
| Vanguard S&P Mid-Cap 400 Value Index Fund                     | 811-07043         |
| Vanguard Managed Allocation Fund                              | 811-58431         |
| Vanguard Dividend Growth Fund                                 | 811-03916         |
| Vanguard Total Bond Market Index Fund                         | 811-04681         |
| Vanguard Target Retirement 2025 Fund                          | 811-04098         |
| Vanguard Wellesley Income Fund                                | 811-01766         |
| Vanguard New York Long-Term Tax-Exempt Fund                   | 811-04570         |
| Vanguard Windsor Fund                                         | 811-00834         |
| Vanguard U.S. Growth Fund                                     | 811-01027         |
| Vanguard Alternative Strategies Fund                          | 811-02968-99      |
| Vanguard Total World Bond ETF                                 | 811-07803         |
| Vanguard High-Yield Bond Portfolio                            | 811-05962         |
| Vanguard Target Retirement 2060 Fund                          | 811-04098         |
| Vanguard U.S. Value Factor ETF                                | 811-00121         |
| Vanguard Total World Stock Index Fund                         | 811-05972         |
| Vanguard California Intermediate-Term Tax-Exempt Fund         | 811-04474         |
| Vanguard International Dividend Appreciation Index Fund       | 811-07443         |
| Vanguard Moderate Allocation Portfolio                        | 811-05962         |
| Vanguard Ultra-Short Bond ETF                                 | 811-04681         |
| Vanguard Balanced Index Fund                                  | 811-58431         |
| Vanguard Limited-Term Tax-Exempt Fund                         | 811-02687         |
| Vanguard Capital Opportunity Fund                             | 811-07239         |
| Vanguard Target Retirement 2040 Fund                          | 811-04098         |
| Vanguard Municipal Cash Management Fund                       | 811-21478         |
| Vanguard Intermediate-Term Treasury Index Fund                | 811-07803         |
| Vanguard Growth Index Fund                                    | 811-02652         |
| Vanguard Equity Income Fund                                   | 811-05445         |
| Vanguard Mid-Cap Value Index Fund                             | 811-02652         |
| Vanguard Total Bond Market Index Portfolio                    | 811-05962         |
| Vanguard Municipal Money Market Fund                          | 811-02687         |
| Vanguard Tax-Exempt Bond Index Fund                           | 811-02687         |
| Vanguard Institutional Short-Term Bond Fund                   | 811-05628         |
| Vanguard Long-Term Investment-Grade Fund                      | 811-02368         |
| Vanguard Long-Term Bond Index Fund                            | 811-04681         |
| Vanguard Growth and Income Fund                               | 811-04526         |
| Vanguard International Core Stock Fund                        | 811-07239         |
| Vanguard Health Care Fund                                     | 811-03916         |
| Vanguard Russell 1000 Growth Index Fund                       | 811-07803         |
| Vanguard Institutional Intermediate-Term Bond Fund            | 811-05628         |
| Vanguard Mid-Cap Growth Fund                                  | 811-07443         |
| Vanguard Strategic Equity Fund                                | 811-07239         |
| Vanguard Cash Reserves Federal Money Market Fund              | 811-02554         |
| Vanguard Ohio Long-Term Tax-Exempt Fund                       | 811-06083         |
| Vanguard Energy Index Fund                                    | 811-01027         |
| Vanguard Intermediate-Term Corporate Bond Index Fund          | 811-07803         |
| Vanguard Advice Select Global Value Fund                      | 811-07443         |
| Vanguard Total International Stock Market Index Portfolio     | 811-05962         |
| Vanguard Global Capital Cycles Fund                           | 811-03916         |
| Vanguard Target Retirement 2055 Fund                          | 811-04098         |
| Vanguard Utilities Index Fund                                 | 811-01027         |
| Vanguard Small-Cap Value Index Fund                           | 811-02652         |
| Vanguard ESG U.S. Stock ETF                                   | 811-01027         |
| Vanguard Intermediate-Term Bond Index Fund                    | 811-04681         |
| Vanguard Total International Bond Index Fund                  | 811-22619         |
| Vanguard U.S. Multifactor ETF                                 | 811-00121         |
| Vanguard Equity Index Portfolio                               | 811-05962         |
| Vanguard S&P 500 Growth Index Fund                            | 811-07043         |
| Vanguard Treasury Money Market Fund                           | 811-07043         |
| Vanguard Industrials Index Fund                               | 811-01027         |
| Vanguard Global ESG Select Stock Fund                         | 811-03916         |
| Vanguard Target Retirement 2065 Fund                          | 811-04098         |
| Vanguard LifeStrategy Growth Fund                             | 811-03919         |
| Vanguard Short-Term Investment-Grade Portfolio                | 811-05962         |
| Vanguard Market Neutral Fund                                  | 811-22114         |
| Vanguard Materials Index Fund                                 | 811-01027         |
| Vanguard Intermediate-Term Treasury Fund                      | 811-02368         |
| Vanguard U.S. Liquidity Factor ETF                            | 811-00121         |
| Vanguard Intermediate-Term Tax-Exempt Fund                    | 811-02687         |
| Vanguard Small-Cap Growth Index Fund                          | 811-02652         |
| Vanguard Balanced Portfolio                                   | 811-05962         |
| Vanguard Total Stock Market Index Fund                        | 811-02652         |
| Vanguard Russell 3000 Index Fund                              | 811-07803         |
| Vanguard Long-Term Treasury Fund                              | 811-02368         |
| Vanguard International Value Fund                             | 811-02968-99      |
| Vanguard Target Retirement 2050 Fund                          | 811-04098         |
| Vanguard Target Retirement 2035 Fund                          | 811-04098         |
| Vanguard Russell 2000 Growth Index Fund                       | 811-07803         |
| Vanguard Total Corporate Bond ETF                             | 811-07803         |
| Vanguard High Dividend Yield Index Fund                       | 811-07443         |
| Vanguard Global Bond Index Portfolio                          | 811-05962         |
| Vanguard Strategic Small-Cap Equity Fund                      | 811-07239         |
| Vanguard Financials Index Fund                                | 811-01027         |
| Vanguard Health Care Index Fund                               | 811-01027         |
| Vanguard ESG U.S. Corporate Bond ETF                          | 811-01027         |
| Vanguard Global Wellesley Income Fund                         | 811-01027         |
| Vanguard Intermediate-Term Investment-Grade Fund              | 811-02368         |
| Vanguard 500 Index Fund                                       | 811-02652         |
| Vanguard Target Retirement Income Fund                        | 811-04098         |
| Vanguard Large-Cap Index Fund                                 | 811-02652         |
| Vanguard High-Yield Corporate Fund                            | 811-02368         |
| Vanguard Target Retirement 2030 Fund                          | 811-04098         |
| Vanguard International Explorer Fund                          | 811-07443         |
| Vanguard International High Dividend Yield Index Fund         | 811-07443         |
| Vanguard Massachusetts Tax-Exempt Fund                        | 811-09005         |
| Vanguard Institutional Total Stock Market Index Fund          | 811-06093         |
| Vanguard S&P 500 Value Index Fund                             | 811-07043         |
| Vanguard Russell 1000 Index Fund                              | 811-07803         |
| Vanguard STAR Fund                                            | 811-03919         |
| Vanguard Long-Term Tax-Exempt Fund                            | 811-02687         |
| Vanguard Consumer Staples Index Fund                          | 811-01027         |
| Vanguard Windsor II Fund                                      | 811-00834         |
| Vanguard PRIMECAP Core Fund                                   | 811-05445         |
| Vanguard Federal Money Market Fund                            | 811-02554         |
| Vanguard Advice Select International Growth Fund              | 811-07443         |
| Vanguard U.S. Multifactor Fund                                | 811-00121         |
| Vanguard Real Estate Index Portfolio                          | 811-05962         |
| Vanguard Mega Cap Index Fund                                  | 811-01027         |
| Vanguard Communication Services Index Fund                    | 811-01027         |
| Vanguard S&P Mid-Cap 400 Index Fund                           | 811-07043         |
| Vanguard Emerging Markets Stock Index Fund                    | 811-05972         |
| Vanguard Extended Duration Treasury Index Fund                | 811-01027         |
| Vanguard S&P Small-Cap 600 Growth Index Fund                  | 811-07043         |
| Vanguard International Growth Fund                            | 811-01027         |
| Vanguard Global Credit Bond Fund                              | 811-22619         |
| Vanguard Emerging Markets Bond Fund                           | 811-05628         |
| Vanguard Selected Value Fund                                  | 811-07443         |
| Vanguard Equity Income Portfolio                              | 811-05962         |
| Vanguard Market Liquidity Fund                                | 811-21478         |
| Vanguard LifeStrategy Moderate Growth Fund                    | 811-03919         |
| Vanguard Growth Portfolio                                     | 811-05962         |
| Vanguard Mid-Cap Index Fund                                   | 811-02652         |
| Vanguard Wellington Fund                                      | 811-00121         |
| Vanguard U.S. Momentum Factor ETF                             | 811-00121         |
| Vanguard Capital Growth Portfolio                             | 811-05962         |
| Vanguard Tax-Managed Small-Cap Fund                           | 811-07175         |
| Vanguard Total International Stock Index Fund                 | 811-03919         |
| Vanguard Value Index Fund                                     | 811-02652         |
| Vanguard S&P Small-Cap 600 Index Fund                         | 811-07043         |
| Vanguard Commodity Strategy Fund                              | 811-02968-99      |
| Vanguard Emerging Markets Government Bond Index Fund          | 811-07443         |
| Vanguard Explorer Fund                                        | 811-01530         |
| Vanguard Global ex-U.S. Real Estate Index Fund                | 811-05972         |
| Vanguard Mega Cap Value Index Fund                            | 811-01027         |
| Vanguard New York Municipal Money Market Fund                 | 811-04570         |
| Vanguard ESG International Stock ETF                          | 811-01027         |
| Vanguard Mortgage-Backed Securities Index Fund                | 811-07803         |
| Vanguard Multi-Sector Income Bond Fund                        | 811-05628         |
| Vanguard Short-Term Investment-Grade Fund                     | 811-02368         |
| Vanguard LifeStrategy Income Fund                             | 811-03919         |
| Vanguard Real Estate Index Fund                               | 811-03916         |
| Vanguard Total Bond Market II Index Fund                      | 811-04681         |
| Vanguard Institutional Index Fund                             | 811-06093         |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 811-05628         |
| Vanguard Small-Cap Index Fund                                 | 811-02652         |
| Vanguard Short-Term Bond Index Fund                           | 811-04681         |
| Vanguard Long-Term Corporate Bond Index Fund                  | 811-07803         |
| Vanguard Mid-Cap Growth Index Fund                            | 811-02652         |
| Vanguard Core Bond Fund                                       | 811-05628         |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund            | 811-05972         |
| Vanguard Russell 1000 Value Index Fund                        | 811-07803         |
| Vanguard Russell 2000 Value Index Fund                        | 811-07803         |
| Vanguard Diversified Value Portfolio                          | 811-05962         |
| Vanguard Pennsylvania Long-Term Tax-Exempt Fund               | 811-04571         |
| Vanguard Short-Term Federal Fund                              | 811-02368         |
| Vanguard Tax-Managed Balanced Fund                            | 811-07175         |
| Vanguard Diversified Equity Fund                              | 811-02968-99      |
| Vanguard Russell 2000 Index Fund                              | 811-07803         |
| Vanguard S&P Small-Cap 600 Value Index Fund                   | 811-07043         |
| Vanguard Inflation-Protected Securities Fund                  | 811-04681         |
| Vanguard California Municipal Money Market Fund               | 811-04474         |
| Vanguard Developed Markets Index Fund                         | 811-07175         |
| Vanguard Long-Term Treasury Index Fund                        | 811-07803         |
| Vanguard Total International Bond II Index Fund               | 811-22619         |
| Vanguard Core-Plus Bond Fund                                  | 811-05628         |
| Vanguard S&P Mid-Cap 400 Growth Index Fund                    | 811-07043         |
| Vanguard U.S. Minimum Volatility ETF                          | 811-00121         |
| Vanguard Advice Select Dividend Growth Fund                   | 811-07443         |
| Vanguard Short-Term Treasury Fund                             | 811-02368         |
| Vanguard Emerging Markets Select Stock Fund                   | 811-02968-99      |
| Vanguard FTSE Social Index Fund                               | 811-01027         |
| Vanguard International Portfolio                              | 811-05962         |
| Vanguard U.S. Quality Factor ETF                              | 811-00121         |
| Vanguard Money Market Portfolio                               | 811-05962         |
| Vanguard PRIMECAP Fund                                        | 811-04098         |
| Vanguard Consumer Discretionary Index Fund                    | 811-01027         |
| Vanguard Explorer Value Fund                                  | 811-07803         |
| Vanguard Small Company Growth Portfolio                       | 811-05962         |
| Vanguard Mid-Cap Index Portfolio                              | 811-05962         |
| Vanguard Extended Market Index Fund                           | 811-02652         |
| Vanguard Conservative Allocation Portfolio                    | 811-05962         |
| Vanguard Global Wellington Fund                               | 811-01027         |
| Vanguard Short-Term Treasury Index Fund                       | 811-07803         |
| Vanguard Short-Term Tax-Exempt Fund                           | 811-02687         |
| Vanguard European Stock Index Fund                            | 811-05972         |
| Vanguard New Jersey Long-Term Tax-Exempt Fund                 | 811-05340         |
| Vanguard Energy Fund                                          | 811-03916         |
| Vanguard Dividend Appreciation Index Fund                     | 811-03916         |
| Vanguard Target Retirement 2020 Fund                          | 811-04098         |
| Vanguard Tax-Managed Capital Appreciation Fund                | 811-07175         |
| Vanguard California Long-Term Tax-Exempt Fund                 | 811-04474         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 3 - VANGUARD PACIFIC STOCK INDEX FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** VANGUARD PACIFIC STOCK INDEX FUND

- **b. Series identification number, if any:** S000005788

- **c. LEI:** ED02VSDTO31027T3CH59

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 4

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Admiral Shares          | C000015908                                | VPADX                        |
|                           2 | ETF Shares              | C000015910                                | VPL                          |
|                           3 | Institutional Shares    | C000015909                                | VPKIX                        |
|                           4 | Investor Shares         | C000015907                                | VPACX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** Brown Brothers Harriman & Co.

- **ii. LEI, if any:** 5493006KMX1VFTPYPW14

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**Securities Lending Record: 2**

- **i. Full name of securities lending agent:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. Is the securities lending agent an affiliated person...?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [x] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $102,004,974.51

- **g. Provide the net income from securities lending activities:** $2,457,299.74

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 12d1-4 (17 CFR 270.12d1-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. SEC file number:** 801-11953

- **iii. CRD number:** 000105958

- **iv. LEI, if any:** 5493002789CX3L0CJP65

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** THE VANGUARD GROUP, INC.

- **ii. SEC file number:** 084-00772

- **iii. LEI, if any:** 5493002789CX3L0CJP65

- **iv. State, if applicable:** PA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Markit North America INC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-4153988

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Bloomberg Finance LP

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** JPMorgan Chase Bank

- **ii. LEI, if any, or provide and describe other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Markit Group Limited

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Refinitiv US LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 20-4530702

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** ICE Data Pricing and Reference Data LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-36687789

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** ITG Analytics Inc

- **ii. LEI, if any, or provide and describe other identifying number:** 41-2190282

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** THE BANK OF NEW YORK MELLON

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 3**

- **i. Full name:** HSBC NEW ZEALAND

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** MIZUHO BANK, LTD

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 6**

- **i. Full name:** DEUTSCHE BANK (MALAYSIA) BERHAD

- **ii. LEI, if any:** 529900DLWFR8HK7DR278

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** Standard Chartered Bank (Singapore) Limited

- **ii. LEI, if any:** 549300MDYVVHJ8D1DW28

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** HONGKONG AND SHANGHAI BANKING CORPORATION, HONG KONG

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** DEUTSCHE BANK-SEOUL BRANCH

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** CIBC MELLON TRUST COMPANY

- **ii. LEI, if any:** 549300IYUUH221WBZ505

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** EUROCLEAR BANK, BRUSSELS

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 12**

- **i. Full name:** The Bank of New York Mellon SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 13**

- **i. Full name:** Citibank Europe Plc, Greece branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** Yes

**Administrators Record: 2**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any, or other identifying number:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Credit Suisse Securities (USA) LLC

- **ii. SEC file number:** 008-00422

- **iii. CRD number:** 000000816

- **iv. LEI, if any:** 1V8Y6QCX6YMJ2OELII46

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $17,524.44

**Brokers Record: 2**

- **i. Full name of broker:** Goldman Sachs International

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** W22LROWP2IHZNBB6K528

- **vii. Gross commissions paid by the Fund for the reporting period:** $12,564.94

**Brokers Record: 3**

- **i. Full name of broker:** Merrill Lynch International

- **ii. SEC file number:** N/A

- **iii. CRD number:** 000162416

- **iv. LEI, if any:** GGDZP1UYGU9STUHRDP48

- **vii. Gross commissions paid by the Fund for the reporting period:** $9,696.19

**Brokers Record: 4**

- **i. Full name of broker:** Morgan Stanley & Co. International PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 4PQUHN3JPFGFNF3BB653

- **vii. Gross commissions paid by the Fund for the reporting period:** $33,049.93

**Brokers Record: 5**

- **i. Full name of broker:** Credit Suisse Group AG

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300506SI9CRFV9Z86

- **vii. Gross commissions paid by the Fund for the reporting period:** $9,560.97

**Brokers Record: 6**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $18,976.33

**Brokers Record: 7**

- **i. Full name of broker:** J.P. Morgan Securities Australia Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300Z0AVQF0QSFQV15

- **vii. Gross commissions paid by the Fund for the reporting period:** $19,295.00

**Brokers Record: 8**

- **i. Full name of broker:** J.P. Morgan Securities (Far East) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300PH8W6E9DMTQ364

- **vii. Gross commissions paid by the Fund for the reporting period:** $15,639.95

**Brokers Record: 9**

- **i. Full name of broker:** Instinet Pacific Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300RI6VZUNIR81J81

- **vii. Gross commissions paid by the Fund for the reporting period:** $32,300.02

**Brokers Record: 10**

- **i. Full name of broker:** J.P. Morgan Securities PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** K6Q0W1PS1L1O4IQL9C32

- **vii. Gross commissions paid by the Fund for the reporting period:** $7,283.22

**Aggregate Commission:** $225,512.68

**Item C.17.a. Principal transaction counterparties.**

| Name                                     | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| J.P. Morgan Securities PLC               | N/A               | N/A          | K6Q0W1PS1L1O4IQL9C32 |  |  | $6,648,326.12             |
| Vanguard Market Liquidity Fund           | N/A               | N/A          | 1I6HV0TLSTR3A4XQ6L78 | PA      | US        | $3,079,556,996.40         |
| Merrill Lynch International              | N/A               | 000162416    | GGDZP1UYGU9STUHRDP48 |  |  | $4,930,675.01             |
| Goldman Sachs International              | N/A               | N/A          | W22LROWP2IHZNBB6K528 |  |  | $4,872,892.03             |
| CLSA SINGAPORE PTE LTD                   | N/A               | N/A          | 2138007HCL683ZPDD829 |  |  | $3,109,411.25             |
| Citigroup Global Markets Inc.            | 008-08177         | 000007059    | MBNUM2BPBDO7JBLYG310 | NY      | US        | $2,952,704.58             |
| J.P. Morgan Securities Australia Limited | N/A               | N/A          | 549300Z0AVQF0QSFQV15 |  |  | $3,469,681.95             |
| Instinet Europe Limited                  | N/A               | N/A          | 213800MXAKR2LA1VBM44 |  |  | $4,695,798.54             |
| Goldman Sachs Australia Pty Ltd          | N/A               | N/A          | 549300GGFLRSTQ15VF10 |  |  | $24,766,082.28            |
| UBS Securities Asia Limited              | N/A               | N/A          | 549300Y35FCB6270R069 |  |  | $7,670,048.71             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $3,165,443,727.89

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $8,224,741,556.53

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $4,385,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Canadian Imperial Bank of Commerce, New York Branch

  - **Line Institutions Record: 2 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 3 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 4 Name of institution:** Bank of America N.A.

  - **Line Institutions Record: 5 Name of institution:** Societe Generale

  - **Line Institutions Record: 6 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 7 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 8 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 9 Name of institution:** PNC Bank, National Association

  - **Line Institutions Record: 10 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 11 Name of institution:** The Northern Trust Company

  - **Line Institutions Record: 12 Name of institution:** Credit Suisse AG, New York Branch

  - **Line Institutions Record: 13 Name of institution:** HSBC Bank USA, N.A.

  - **Line Institutions Record: 14 Name of institution:** BNP Paribas

  - **Line Institutions Record: 15 Name of institution:** Barclays Bank plc

  - **Line Institutions Record: 16 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 17 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 18 Name of institution:** Wells Fargo Bank, National Association

  - **Line Institutions Record: 19 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 20 Name of institution:** The Bank of Nova Scotia, Houston Branch

  - **Line Institutions Record: 21 Name of institution:** Bank of Montreal, Chicago Branch

  - **Line Institutions Record: 22 Name of institution:** Royal Bank of Canada

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                  | SEC File number   |
|:---|:---|
| Vanguard Balanced Portfolio                                   | 811-05962         |
| Vanguard Dividend Appreciation Index Fund                     | 811-03916         |
| Vanguard Consumer Discretionary Index Fund                    | 811-01027         |
| Vanguard Small Company Growth Portfolio                       | 811-05962         |
| Vanguard Intermediate-Term Treasury Fund                      | 811-02368         |
| Vanguard Target Retirement 2065 Fund                          | 811-04098         |
| Vanguard Health Care Fund                                     | 811-03916         |
| Vanguard Total Bond Market Index Fund                         | 811-04681         |
| Vanguard Mid-Cap Growth Index Fund                            | 811-02652         |
| Vanguard S&P Mid-Cap 400 Growth Index Fund                    | 811-07043         |
| Vanguard Russell 2000 Growth Index Fund                       | 811-07803         |
| Vanguard Target Retirement 2030 Fund                          | 811-04098         |
| Vanguard Russell 1000 Index Fund                              | 811-07803         |
| Vanguard Ultra-Short-Term Bond Fund                           | 811-02368         |
| Vanguard Extended Duration Treasury Index Fund                | 811-01027         |
| Vanguard Mortgage-Backed Securities Index Fund                | 811-07803         |
| Vanguard Institutional Index Fund                             | 811-06093         |
| Vanguard Financials Index Fund                                | 811-01027         |
| Vanguard Long-Term Treasury Fund                              | 811-02368         |
| Vanguard Communication Services Index Fund                    | 811-01027         |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund            | 811-05972         |
| Vanguard Short-Term Corporate Bond Index Fund                 | 811-07803         |
| Vanguard Advice Select International Growth Fund              | 811-07443         |
| Vanguard Tax-Managed Balanced Fund                            | 811-07175         |
| Vanguard Emerging Markets Bond Fund                           | 811-05628         |
| Vanguard Global Bond Index Portfolio                          | 811-05962         |
| Vanguard Wellesley Income Fund                                | 811-01766         |
| Vanguard Total World Stock Index Fund                         | 811-05972         |
| Vanguard Short-Term Treasury Index Fund                       | 811-07803         |
| Vanguard Alternative Strategies Fund                          | 811-02968-99      |
| Vanguard Intermediate-Term Corporate Bond Index Fund          | 811-07803         |
| Vanguard Energy Index Fund                                    | 811-01027         |
| Vanguard International Core Stock Fund                        | 811-07239         |
| Vanguard New Jersey Long-Term Tax-Exempt Fund                 | 811-05340         |
| Vanguard Advice Select Dividend Growth Fund                   | 811-07443         |
| Vanguard Global Minimum Volatility Fund                       | 811-07443         |
| Vanguard California Intermediate-Term Tax-Exempt Fund         | 811-04474         |
| Vanguard Mega Cap Growth Index Fund                           | 811-01027         |
| Vanguard S&P Mid-Cap 400 Index Fund                           | 811-07043         |
| Vanguard Strategic Equity Fund                                | 811-07239         |
| Vanguard Equity Income Fund                                   | 811-05445         |
| Vanguard FTSE Social Index Fund                               | 811-01027         |
| Vanguard Global Wellington Fund                               | 811-01027         |
| Vanguard Municipal Money Market Fund                          | 811-02687         |
| Vanguard High-Yield Bond Portfolio                            | 811-05962         |
| Vanguard U.S. Value Factor ETF                                | 811-00121         |
| Vanguard Mega Cap Value Index Fund                            | 811-01027         |
| Vanguard Global ESG Select Stock Fund                         | 811-03916         |
| Vanguard Diversified Equity Fund                              | 811-02968-99      |
| Vanguard Russell 1000 Value Index Fund                        | 811-07803         |
| Vanguard Long-Term Investment-Grade Fund                      | 811-02368         |
| Vanguard Consumer Staples Index Fund                          | 811-01027         |
| Vanguard 500 Index Fund                                       | 811-02652         |
| Vanguard High-Yield Corporate Fund                            | 811-02368         |
| Vanguard Intermediate-Term Tax-Exempt Fund                    | 811-02687         |
| Vanguard Mid-Cap Growth Fund                                  | 811-07443         |
| Vanguard Target Retirement 2050 Fund                          | 811-04098         |
| Vanguard Core-Plus Bond Fund                                  | 811-05628         |
| Vanguard Commodity Strategy Fund                              | 811-02968-99      |
| Vanguard Information Technology Index Fund                    | 811-01027         |
| Vanguard Emerging Markets Select Stock Fund                   | 811-02968-99      |
| Vanguard Small-Cap Value Index Fund                           | 811-02652         |
| Vanguard Emerging Markets Stock Index Fund                    | 811-05972         |
| Vanguard Real Estate II Index Fund                            | 811-02368         |
| Vanguard Explorer Fund                                        | 811-01530         |
| Vanguard STAR Fund                                            | 811-03919         |
| Vanguard Total International Stock Index Fund                 | 811-03919         |
| Vanguard Institutional Total Stock Market Index Fund          | 811-06093         |
| Vanguard International Value Fund                             | 811-02968-99      |
| Vanguard Industrials Index Fund                               | 811-01027         |
| Vanguard Short-Term Federal Fund                              | 811-02368         |
| Vanguard Windsor II Fund                                      | 811-00834         |
| Vanguard Equity Income Portfolio                              | 811-05962         |
| Vanguard Managed Allocation Fund                              | 811-58431         |
| Vanguard Russell 1000 Growth Index Fund                       | 811-07803         |
| Vanguard Mid-Cap Value Index Fund                             | 811-02652         |
| Vanguard S&P 500 Value Index Fund                             | 811-07043         |
| Vanguard Target Retirement 2025 Fund                          | 811-04098         |
| Vanguard Global Wellesley Income Fund                         | 811-01027         |
| Vanguard Wellington Fund                                      | 811-00121         |
| Vanguard Small-Cap Index Fund                                 | 811-02652         |
| Vanguard Moderate Allocation Portfolio                        | 811-05962         |
| Vanguard PRIMECAP Fund                                        | 811-04098         |
| Vanguard Total International Stock Market Index Portfolio     | 811-05962         |
| Vanguard Institutional Short-Term Bond Fund                   | 811-05628         |
| Vanguard Massachusetts Tax-Exempt Fund                        | 811-09005         |
| Vanguard Inflation-Protected Securities Fund                  | 811-04681         |
| Vanguard International Portfolio                              | 811-05962         |
| Vanguard Windsor Fund                                         | 811-00834         |
| Vanguard Money Market Portfolio                               | 811-05962         |
| Vanguard Growth Index Fund                                    | 811-02652         |
| Vanguard Intermediate-Term Investment-Grade Fund              | 811-02368         |
| Vanguard Core Bond Fund                                       | 811-05628         |
| Vanguard ESG International Stock ETF                          | 811-01027         |
| Vanguard Diversified Value Portfolio                          | 811-05962         |
| Vanguard Total International Bond II Index Fund               | 811-22619         |
| Vanguard Short-Term Investment-Grade Fund                     | 811-02368         |
| Vanguard New York Municipal Money Market Fund                 | 811-04570         |
| Vanguard California Municipal Money Market Fund               | 811-04474         |
| Vanguard Intermediate-Term Bond Index Fund                    | 811-04681         |
| Vanguard Value Index Fund                                     | 811-02652         |
| Vanguard Russell 2000 Value Index Fund                        | 811-07803         |
| Vanguard Advice Select Global Value Fund                      | 811-07443         |
| Vanguard LifeStrategy Moderate Growth Fund                    | 811-03919         |
| Vanguard Short-Term Treasury Fund                             | 811-02368         |
| Vanguard European Stock Index Fund                            | 811-05972         |
| Vanguard Tax-Exempt Bond Index Fund                           | 811-02687         |
| Vanguard ESG U.S. Stock ETF                                   | 811-01027         |
| Vanguard Total Stock Market Index Fund                        | 811-02652         |
| Vanguard Utilities Index Fund                                 | 811-01027         |
| Vanguard Ultra-Short Bond ETF                                 | 811-04681         |
| Vanguard Target Retirement 2045 Fund                          | 811-04098         |
| Vanguard Equity Index Portfolio                               | 811-05962         |
| Vanguard S&P Small-Cap 600 Growth Index Fund                  | 811-07043         |
| Vanguard Total World Bond ETF                                 | 811-07803         |
| Vanguard Dividend Growth Fund                                 | 811-03916         |
| Vanguard Pennsylvania Long-Term Tax-Exempt Fund               | 811-04571         |
| Vanguard Market Liquidity Fund                                | 811-21478         |
| Vanguard LifeStrategy Income Fund                             | 811-03919         |
| Vanguard Limited-Term Tax-Exempt Fund                         | 811-02687         |
| Vanguard U.S. Multifactor ETF                                 | 811-00121         |
| Vanguard Real Estate Index Fund                               | 811-03916         |
| Vanguard Ohio Long-Term Tax-Exempt Fund                       | 811-06083         |
| Vanguard International High Dividend Yield Index Fund         | 811-07443         |
| Vanguard Total Bond Market II Index Fund                      | 811-04681         |
| Vanguard S&P Mid-Cap 400 Value Index Fund                     | 811-07043         |
| Vanguard U.S. Momentum Factor ETF                             | 811-00121         |
| Vanguard S&P Small-Cap 600 Index Fund                         | 811-07043         |
| Vanguard Total International Bond Index Fund                  | 811-22619         |
| Vanguard Cash Reserves Federal Money Market Fund              | 811-02554         |
| Vanguard Intermediate-Term Treasury Index Fund                | 811-07803         |
| Vanguard Long-Term Treasury Index Fund                        | 811-07803         |
| Vanguard International Growth Fund                            | 811-01027         |
| Vanguard Developed Markets Index Fund                         | 811-07175         |
| Vanguard Target Retirement 2020 Fund                          | 811-04098         |
| Vanguard International Dividend Appreciation Index Fund       | 811-07443         |
| Vanguard U.S. Multifactor Fund                                | 811-00121         |
| Vanguard LifeStrategy Growth Fund                             | 811-03919         |
| Vanguard Small-Cap Growth Index Fund                          | 811-02652         |
| Vanguard Strategic Small-Cap Equity Fund                      | 811-07239         |
| Vanguard LifeStrategy Conservative Growth Fund                | 811-03919         |
| Vanguard Target Retirement 2040 Fund                          | 811-04098         |
| Vanguard Russell 2000 Index Fund                              | 811-07803         |
| Vanguard Municipal Cash Management Fund                       | 811-21478         |
| Vanguard International Explorer Fund                          | 811-07443         |
| Vanguard Real Estate Index Portfolio                          | 811-05962         |
| Vanguard Energy Fund                                          | 811-03916         |
| Vanguard S&P 500 Growth Index Fund                            | 811-07043         |
| Vanguard Target Retirement 2060 Fund                          | 811-04098         |
| Vanguard Treasury Money Market Fund                           | 811-07043         |
| Vanguard U.S. Minimum Volatility ETF                          | 811-00121         |
| Vanguard Materials Index Fund                                 | 811-01027         |
| Vanguard Target Retirement 2055 Fund                          | 811-04098         |
| Vanguard Global ex-U.S. Real Estate Index Fund                | 811-05972         |
| Vanguard Total Corporate Bond ETF                             | 811-07803         |
| Vanguard Short-Term Bond Index Fund                           | 811-04681         |
| Vanguard Multi-Sector Income Bond Fund                        | 811-05628         |
| Vanguard GNMA Fund                                            | 811-02368         |
| Vanguard High Dividend Yield Index Fund                       | 811-07443         |
| Vanguard Long-Term Corporate Bond Index Fund                  | 811-07803         |
| Vanguard Long-Term Tax-Exempt Fund                            | 811-02687         |
| Vanguard Mid-Cap Index Portfolio                              | 811-05962         |
| Vanguard Capital Growth Portfolio                             | 811-05962         |
| Vanguard Selected Value Fund                                  | 811-07443         |
| Vanguard Mid-Cap Index Fund                                   | 811-02652         |
| Vanguard Institutional Intermediate-Term Bond Fund            | 811-05628         |
| Vanguard Total Bond Market Index Portfolio                    | 811-05962         |
| Vanguard Global Equity Fund                                   | 811-07239         |
| Vanguard Market Neutral Fund                                  | 811-22114         |
| Vanguard Extended Market Index Fund                           | 811-02652         |
| Vanguard Federal Money Market Fund                            | 811-02554         |
| Vanguard Russell 3000 Index Fund                              | 811-07803         |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 811-05628         |
| Vanguard Tax-Managed Capital Appreciation Fund                | 811-07175         |
| Vanguard FTSE All-World ex-US Index Fund                      | 811-05972         |
| Vanguard S&P Small-Cap 600 Value Index Fund                   | 811-07043         |
| Vanguard Tax-Managed Small-Cap Fund                           | 811-07175         |
| Vanguard Explorer Value Fund                                  | 811-07803         |
| Vanguard U.S. Quality Factor ETF                              | 811-00121         |
| Vanguard Long-Term Bond Index Fund                            | 811-04681         |
| Vanguard Short-Term Tax-Exempt Fund                           | 811-02687         |
| Vanguard Emerging Markets Government Bond Index Fund          | 811-07443         |
| Vanguard U.S. Growth Fund                                     | 811-01027         |
| Vanguard Balanced Index Fund                                  | 811-58431         |
| Vanguard Capital Opportunity Fund                             | 811-07239         |
| Vanguard Global Credit Bond Fund                              | 811-22619         |
| Vanguard PRIMECAP Core Fund                                   | 811-05445         |
| Vanguard Growth Portfolio                                     | 811-05962         |
| Vanguard Target Retirement Income Fund                        | 811-04098         |
| Vanguard Short-Term Investment-Grade Portfolio                | 811-05962         |
| Vanguard U.S. Liquidity Factor ETF                            | 811-00121         |
| Vanguard Large-Cap Index Fund                                 | 811-02652         |
| Vanguard California Long-Term Tax-Exempt Fund                 | 811-04474         |
| Vanguard Total Stock Market Index Portfolio                   | 811-05962         |
| Vanguard High-Yield Tax-Exempt Fund                           | 811-02687         |
| Vanguard Global Capital Cycles Fund                           | 811-03916         |
| Vanguard ESG U.S. Corporate Bond ETF                          | 811-01027         |
| Vanguard Growth and Income Fund                               | 811-04526         |
| Vanguard New York Long-Term Tax-Exempt Fund                   | 811-04570         |
| Vanguard Mega Cap Index Fund                                  | 811-01027         |
| Vanguard Target Retirement 2035 Fund                          | 811-04098         |
| Vanguard Conservative Allocation Portfolio                    | 811-05962         |
| Vanguard Health Care Index Fund                               | 811-01027         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 4 - VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND

- **b. Series identification number, if any:** S000025074

- **c. LEI:** 4G186P9TJV7H6GBIH247

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 3

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | ETF Shares              | C000074581                                | VSS                          |
|                           2 | Institutional Shares    | C000074580                                | VFSNX                        |
|                           3 | Admiral Shares          | C000209801                                | VFSAX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** Brown Brothers Harriman & Co.

- **ii. LEI, if any:** 5493006KMX1VFTPYPW14

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**Securities Lending Record: 2**

- **i. Full name of securities lending agent:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. Is the securities lending agent an affiliated person...?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [x] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $362,113,057.29

- **g. Provide the net income from securities lending activities:** $11,983,230.85

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. SEC file number:** 801-11953

- **iii. CRD number:** 000105958

- **iv. LEI, if any:** 5493002789CX3L0CJP65

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** THE VANGUARD GROUP, INC.

- **ii. SEC file number:** 084-00772

- **iii. LEI, if any:** 5493002789CX3L0CJP65

- **iv. State, if applicable:** PA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ITG Analytics Inc

- **ii. LEI, if any, or provide and describe other identifying number:** 41-2190282

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Refinitiv US LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 20-4530702

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Bloomberg Finance LP

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Markit North America INC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-4153988

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** JPMorgan Chase Bank

- **ii. LEI, if any, or provide and describe other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** ICE Data Pricing and Reference Data LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-36687789

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** Markit Group Limited

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** CREDIT SUISSE (SWITZERLAND) LTD

- **ii. LEI, if any:** 549300CWR0W0BCS9Q144

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** CITIBANK N.A., BRAZILIAN BRANCH

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** DEUTSCHE BANK AG MUMBAI

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** CITITRUST S.A., BOGOTA

- **ii. LEI, if any:** 6SHGI4ZSSLCXXQSBB395

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** The Bank of New York Mellon SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 6**

- **i. Full name:** Citibank Europe Plc

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** CITIBANK MAGHREB

- **ii. LEI, if any:** 6SHGI4ZSSLCXXQSBB395

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN, STOCKHOLM

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** HONGKONG AND SHANGAI BANKING CORPORATION, BANGKOK

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** THE BANK OF NEW YORK MELLON SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 11**

- **i. Full name:** Qatar National Bank

- **ii. LEI, if any:** 5493OOFFSRVBS0SQXY75

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** Citibank Europe Plc, Greece branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** DEUTSCHE BANK (MALAYSIA) BERHAD

- **ii. LEI, if any:** 529900DLWFR8HK7DR278

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** DEUTSCHE BANK AG, JAKARTA

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 17**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN AB, OSLO BRANCH

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** Standard Chartered Bank (Singapore) Limited

- **ii. LEI, if any:** 549300MDYVVHJ8D1DW28

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** EUROCLEAR BANK, BRUSSELS

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 20**

- **i. Full name:** BANK HAPOALIM B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** DEUTSCHE BANK-SEOUL BRANCH

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** THE BANK OF NEW YORK MELLON

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 23**

- **i. Full name:** CITIBANK N.A., SUCURSAL DE LIMA

- **ii. LEI, if any:** MYTK5NHHP1G8TVFGT193

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** HSBC SHENZHEN

- **ii. LEI, if any:** 2CZOJRADNJXBLT55G526

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** LANDSBANKINN HF.

- **ii. LEI, if any:** 549300TLZPT6JELDWM92

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 26**

- **i. Full name:** DEUTSCHE BANK AG KARACHI BRANCH

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** Skandinaviska Enskilda Banken, Helsinki branch

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** BANK POLSKA KASA OPIEKI S.A.

- **ii. LEI, if any:** 5493000LKS7B3UTF7H35

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** HSBC BANK MIDDLE EAST, KUWAIT

- **ii. LEI, if any:** MLU0ZO3ML4LN2LL2TL39

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** DEUTSCHE BANK AG, MANILA BRANCH

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** CITIBANK ARGENTINA, BUENOS AIRES

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** CITIBANAMEX, MEXICO CITY

- **ii. LEI, if any:** 2SFFM4FUIE05S37WFU55

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** The Bank of New York Mellon SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 34**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN AB, COPENHAGEN BRANCH

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 35**

- **i. Full name:** EUROCLEAR BELGIUM

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 36**

- **i. Full name:** THE BANK OF NEW YORK MELLON

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 37**

- **i. Full name:** HONGKONG AND SHANGHAI BANKING CORPORATION, HONG KONG

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 38**

- **i. Full name:** HSBC SHANGHAI

- **ii. LEI, if any:** 2CZOJRADNJXBLT55G526

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 39**

- **i. Full name:** MIZUHO BANK, LTD

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 40**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 41**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 42**

- **i. Full name:** CITBANK EUROPE PLC

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 43**

- **i. Full name:** CITIBANK EUROPE PLC, HUNGARIAN BRANCH OFFICE

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 44**

- **i. Full name:** Banco Santander Chile

- **ii. LEI, if any:** 3YJP8HORPAEXJ80D6368

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 45**

- **i. Full name:** HSBC BANK EGYPT

- **ii. LEI, if any:** 2138001Q77JDLESS4Y50

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 46**

- **i. Full name:** HSBC BANK (TAIWAN) LIMITED

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 47**

- **i. Full name:** CIBC MELLON TRUST COMPANY

- **ii. LEI, if any:** 549300IYUUH221WBZ505

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 48**

- **i. Full name:** DEUTSCHE BANK, ISTANBUL

- **ii. LEI, if any:** 789000N5SE3LWDK7OI11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 49**

- **i. Full name:** THE BANK OF NEW YORK MELLON SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 50**

- **i. Full name:** STANDARD BANK OF SOUTH AFRICA, JOHANNESBURG

- **ii. LEI, if any:** QFC8ZCW3Q5PRXU1XTM60

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 51**

- **i. Full name:** HSBC Shanghai-Hong Kong Stock Connect SPSA

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 52**

- **i. Full name:** Caceis Bank Spain S.A.U

- **ii. LEI, if any:** 95980020140005970915

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 53**

- **i. Full name:** HSBC SAUDI ARABIA

- **ii. LEI, if any:** 558600MV09XWUB38H245

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 54**

- **i. Full name:** Citibank Europe Plc

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 55**

- **i. Full name:** Citibank Europe Plc, Greece branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 56**

- **i. Full name:** HSBC NEW ZEALAND

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 57**

- **i. Full name:** HSBC BANK MIDDLE EAST LIMITED, DUBAI

- **ii. LEI, if any:** MLU0ZO3ML4LN2LL2TL39

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 58**

- **i. Full name:** PJSC ROSBANK

- **ii. LEI, if any:** HOXMZG026UQNRK6J0C60

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** Yes

**Administrators Record: 2**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any, or other identifying number:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $62,905.47

**Brokers Record: 2**

- **i. Full name of broker:** Merrill Lynch International

- **ii. SEC file number:** N/A

- **iii. CRD number:** 000162416

- **iv. LEI, if any:** GGDZP1UYGU9STUHRDP48

- **vii. Gross commissions paid by the Fund for the reporting period:** $40,791.50

**Brokers Record: 3**

- **i. Full name of broker:** Credit Suisse Securities (Europe) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** DL6FFRRLF74S01HE2M14

- **vii. Gross commissions paid by the Fund for the reporting period:** $32,334.14

**Brokers Record: 4**

- **i. Full name of broker:** Morgan Stanley & Co. International PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 4PQUHN3JPFGFNF3BB653

- **vii. Gross commissions paid by the Fund for the reporting period:** $59,449.83

**Brokers Record: 5**

- **i. Full name of broker:** Credit Suisse Securities (India) Private Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300L2CGMMXM4BR047

- **vii. Gross commissions paid by the Fund for the reporting period:** $37,109.85

**Brokers Record: 6**

- **i. Full name of broker:** Instinet Pacific Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300RI6VZUNIR81J81

- **vii. Gross commissions paid by the Fund for the reporting period:** $54,686.75

**Brokers Record: 7**

- **i. Full name of broker:** J.P. Morgan Securities (Asia Pacific) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 871JPXVZ0Z8I863B6V34

- **vii. Gross commissions paid by the Fund for the reporting period:** $42,627.71

**Brokers Record: 8**

- **i. Full name of broker:** J.P. Morgan Securities PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** K6Q0W1PS1L1O4IQL9C32

- **vii. Gross commissions paid by the Fund for the reporting period:** $61,295.44

**Brokers Record: 9**

- **i. Full name of broker:** TD Securities (USA) LLC

- **ii. SEC file number:** 008-36747

- **iii. CRD number:** 000018476

- **iv. LEI, if any:** SUVUFHICNZMP2WKHG940

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $32,413.05

**Brokers Record: 10**

- **i. Full name of broker:** Credit Suisse Securities (USA) LLC

- **ii. SEC file number:** 008-00422

- **iii. CRD number:** 000000816

- **iv. LEI, if any:** 1V8Y6QCX6YMJ2OELII46

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $43,525.04

**Aggregate Commission:** $890,715.06

**Item C.17.a. Principal transaction counterparties.**

| Name                           | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Exane                          | N/A               | N/A          | 969500UP76J52A9OXU27 |  |  | $5,368,569.27             |
| J.P. Morgan Securities LLC     | 008-35008         | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $4,934,275.38             |
| Morgan Stanley & Co. LLC       | 008-15869         | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $4,482,641.41             |
| Instinet Europe Limited        | N/A               | N/A          | 213800MXAKR2LA1VBM44 |  |  | $3,991,606.24             |
| J.P. Morgan Securities PLC     | N/A               | N/A          | K6Q0W1PS1L1O4IQL9C32 |  |  | $4,490,883.09             |
| Goldman Sachs International    | N/A               | N/A          | W22LROWP2IHZNBB6K528 |  |  | $7,152,305.32             |
| CIBC World Markets Corp.       | 008-18333         | 000000630    | 549300445CON3DBMU275 | NY      | US        | $4,233,262.71             |
| Instinet Pacific Limited       | N/A               | N/A          | 549300RI6VZUNIR81J81 |  |  | $5,663,263.48             |
| Vanguard Market Liquidity Fund | N/A               | N/A          | 1I6HV0TLSTR3A4XQ6L78 | PA      | US        | $4,998,010,196.07         |
| Merrill Lynch International    | N/A               | 000162416    | GGDZP1UYGU9STUHRDP48 |  |  | $21,552,674.47            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $5,105,810,243.52

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $10,076,705,542.30

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $4,385,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 2 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 3 Name of institution:** Societe Generale

  - **Line Institutions Record: 4 Name of institution:** The Northern Trust Company

  - **Line Institutions Record: 5 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 6 Name of institution:** PNC Bank, National Association

  - **Line Institutions Record: 7 Name of institution:** Canadian Imperial Bank of Commerce, New York Branch

  - **Line Institutions Record: 8 Name of institution:** Bank of America N.A.

  - **Line Institutions Record: 9 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 10 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 11 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 12 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 13 Name of institution:** HSBC Bank USA, N.A.

  - **Line Institutions Record: 14 Name of institution:** Wells Fargo Bank, National Association

  - **Line Institutions Record: 15 Name of institution:** The Bank of Nova Scotia, Houston Branch

  - **Line Institutions Record: 16 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 17 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 18 Name of institution:** Credit Suisse AG, New York Branch

  - **Line Institutions Record: 19 Name of institution:** Barclays Bank plc

  - **Line Institutions Record: 20 Name of institution:** Bank of Montreal, Chicago Branch

  - **Line Institutions Record: 21 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 22 Name of institution:** BNP Paribas

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                  | SEC File number   |
|:---|:---|
| Vanguard Real Estate II Index Fund                            | 811-02368         |
| Vanguard Market Neutral Fund                                  | 811-22114         |
| Vanguard Russell 1000 Growth Index Fund                       | 811-07803         |
| Vanguard Intermediate-Term Treasury Index Fund                | 811-07803         |
| Vanguard Global Wellington Fund                               | 811-01027         |
| Vanguard Ultra-Short-Term Bond Fund                           | 811-02368         |
| Vanguard Target Retirement 2020 Fund                          | 811-04098         |
| Vanguard Municipal Cash Management Fund                       | 811-21478         |
| Vanguard S&P Small-Cap 600 Index Fund                         | 811-07043         |
| Vanguard Mega Cap Growth Index Fund                           | 811-01027         |
| Vanguard Institutional Intermediate-Term Bond Fund            | 811-05628         |
| Vanguard Pacific Stock Index Fund                             | 811-05972         |
| Vanguard Total Bond Market II Index Fund                      | 811-04681         |
| Vanguard Intermediate-Term Bond Index Fund                    | 811-04681         |
| Vanguard Advice Select Dividend Growth Fund                   | 811-07443         |
| Vanguard LifeStrategy Moderate Growth Fund                    | 811-03919         |
| Vanguard Emerging Markets Stock Index Fund                    | 811-05972         |
| Vanguard Global Equity Fund                                   | 811-07239         |
| Vanguard Developed Markets Index Fund                         | 811-07175         |
| Vanguard Dividend Appreciation Index Fund                     | 811-03916         |
| Vanguard Intermediate-Term Treasury Fund                      | 811-02368         |
| Vanguard Emerging Markets Bond Fund                           | 811-05628         |
| Vanguard Long-Term Investment-Grade Fund                      | 811-02368         |
| Vanguard Mid-Cap Index Fund                                   | 811-02652         |
| Vanguard Short-Term Treasury Index Fund                       | 811-07803         |
| Vanguard Russell 2000 Growth Index Fund                       | 811-07803         |
| Vanguard International Explorer Fund                          | 811-07443         |
| Vanguard Target Retirement 2055 Fund                          | 811-04098         |
| Vanguard Mid-Cap Growth Index Fund                            | 811-02652         |
| Vanguard Diversified Value Portfolio                          | 811-05962         |
| Vanguard International Dividend Appreciation Index Fund       | 811-07443         |
| Vanguard Mid-Cap Growth Fund                                  | 811-07443         |
| Vanguard Target Retirement 2045 Fund                          | 811-04098         |
| Vanguard Total Corporate Bond ETF                             | 811-07803         |
| Vanguard Tax-Managed Small-Cap Fund                           | 811-07175         |
| Vanguard Total International Stock Index Fund                 | 811-03919         |
| Vanguard Advice Select International Growth Fund              | 811-07443         |
| Vanguard Materials Index Fund                                 | 811-01027         |
| Vanguard California Intermediate-Term Tax-Exempt Fund         | 811-04474         |
| Vanguard Mortgage-Backed Securities Index Fund                | 811-07803         |
| Vanguard LifeStrategy Conservative Growth Fund                | 811-03919         |
| Vanguard California Long-Term Tax-Exempt Fund                 | 811-04474         |
| Vanguard Money Market Portfolio                               | 811-05962         |
| Vanguard Russell 1000 Value Index Fund                        | 811-07803         |
| Vanguard Pennsylvania Long-Term Tax-Exempt Fund               | 811-04571         |
| Vanguard Selected Value Fund                                  | 811-07443         |
| Vanguard Short-Term Bond Index Fund                           | 811-04681         |
| Vanguard International Core Stock Fund                        | 811-07239         |
| Vanguard Total International Bond Index Fund                  | 811-22619         |
| Vanguard Growth and Income Fund                               | 811-04526         |
| Vanguard Massachusetts Tax-Exempt Fund                        | 811-09005         |
| Vanguard Balanced Index Fund                                  | 811-58431         |
| Vanguard Health Care Fund                                     | 811-03916         |
| Vanguard New Jersey Long-Term Tax-Exempt Fund                 | 811-05340         |
| Vanguard Limited-Term Tax-Exempt Fund                         | 811-02687         |
| Vanguard California Municipal Money Market Fund               | 811-04474         |
| Vanguard Balanced Portfolio                                   | 811-05962         |
| Vanguard S&P Mid-Cap 400 Growth Index Fund                    | 811-07043         |
| Vanguard Total Bond Market Index Fund                         | 811-04681         |
| Vanguard International Growth Fund                            | 811-01027         |
| Vanguard Market Liquidity Fund                                | 811-21478         |
| Vanguard Small-Cap Value Index Fund                           | 811-02652         |
| Vanguard Ohio Long-Term Tax-Exempt Fund                       | 811-06083         |
| Vanguard Equity Income Portfolio                              | 811-05962         |
| Vanguard International Value Fund                             | 811-02968-99      |
| Vanguard Total World Stock Index Fund                         | 811-05972         |
| Vanguard Long-Term Corporate Bond Index Fund                  | 811-07803         |
| Vanguard Information Technology Index Fund                    | 811-01027         |
| Vanguard Mega Cap Value Index Fund                            | 811-01027         |
| Vanguard Explorer Fund                                        | 811-01530         |
| Vanguard FTSE All-World ex-US Index Fund                      | 811-05972         |
| Vanguard LifeStrategy Income Fund                             | 811-03919         |
| Vanguard Real Estate Index Portfolio                          | 811-05962         |
| Vanguard Total World Bond ETF                                 | 811-07803         |
| Vanguard Growth Index Fund                                    | 811-02652         |
| Vanguard Tax-Managed Balanced Fund                            | 811-07175         |
| Vanguard Municipal Money Market Fund                          | 811-02687         |
| Vanguard Short-Term Investment-Grade Portfolio                | 811-05962         |
| Vanguard Global ex-U.S. Real Estate Index Fund                | 811-05972         |
| Vanguard Target Retirement 2065 Fund                          | 811-04098         |
| Vanguard Short-Term Treasury Fund                             | 811-02368         |
| Vanguard S&P Small-Cap 600 Value Index Fund                   | 811-07043         |
| Vanguard Equity Income Fund                                   | 811-05445         |
| Vanguard Small-Cap Index Fund                                 | 811-02652         |
| Vanguard PRIMECAP Fund                                        | 811-04098         |
| Vanguard Intermediate-Term Corporate Bond Index Fund          | 811-07803         |
| Vanguard Communication Services Index Fund                    | 811-01027         |
| Vanguard Tax-Exempt Bond Index Fund                           | 811-02687         |
| Vanguard High-Yield Bond Portfolio                            | 811-05962         |
| Vanguard U.S. Value Factor ETF                                | 811-00121         |
| Vanguard Commodity Strategy Fund                              | 811-02968-99      |
| Vanguard New York Municipal Money Market Fund                 | 811-04570         |
| Vanguard U.S. Quality Factor ETF                              | 811-00121         |
| Vanguard GNMA Fund                                            | 811-02368         |
| Vanguard ESG U.S. Stock ETF                                   | 811-01027         |
| Vanguard Long-Term Tax-Exempt Fund                            | 811-02687         |
| Vanguard Dividend Growth Fund                                 | 811-03916         |
| Vanguard Russell 2000 Index Fund                              | 811-07803         |
| Vanguard S&P Mid-Cap 400 Index Fund                           | 811-07043         |
| Vanguard Health Care Index Fund                               | 811-01027         |
| Vanguard European Stock Index Fund                            | 811-05972         |
| Vanguard Diversified Equity Fund                              | 811-02968-99      |
| Vanguard Extended Duration Treasury Index Fund                | 811-01027         |
| Vanguard PRIMECAP Core Fund                                   | 811-05445         |
| Vanguard Consumer Staples Index Fund                          | 811-01027         |
| Vanguard Financials Index Fund                                | 811-01027         |
| Vanguard S&P Mid-Cap 400 Value Index Fund                     | 811-07043         |
| Vanguard Global Wellesley Income Fund                         | 811-01027         |
| Vanguard Energy Index Fund                                    | 811-01027         |
| Vanguard Short-Term Investment-Grade Fund                     | 811-02368         |
| Vanguard Conservative Allocation Portfolio                    | 811-05962         |
| Vanguard U.S. Momentum Factor ETF                             | 811-00121         |
| Vanguard Core Bond Fund                                       | 811-05628         |
| Vanguard Institutional Total Stock Market Index Fund          | 811-06093         |
| Vanguard S&P Small-Cap 600 Growth Index Fund                  | 811-07043         |
| Vanguard Advice Select Global Value Fund                      | 811-07443         |
| Vanguard Target Retirement 2060 Fund                          | 811-04098         |
| Vanguard U.S. Multifactor ETF                                 | 811-00121         |
| Vanguard Value Index Fund                                     | 811-02652         |
| Vanguard Industrials Index Fund                               | 811-01027         |
| Vanguard Small Company Growth Portfolio                       | 811-05962         |
| Vanguard 500 Index Fund                                       | 811-02652         |
| Vanguard Institutional Short-Term Bond Fund                   | 811-05628         |
| Vanguard Total Stock Market Index Fund                        | 811-02652         |
| Vanguard U.S. Multifactor Fund                                | 811-00121         |
| Vanguard Total Bond Market Index Portfolio                    | 811-05962         |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 811-05628         |
| Vanguard Windsor Fund                                         | 811-00834         |
| Vanguard Mid-Cap Value Index Fund                             | 811-02652         |
| Vanguard Emerging Markets Select Stock Fund                   | 811-02968-99      |
| Vanguard FTSE Social Index Fund                               | 811-01027         |
| Vanguard Managed Allocation Fund                              | 811-58431         |
| Vanguard Treasury Money Market Fund                           | 811-07043         |
| Vanguard Long-Term Bond Index Fund                            | 811-04681         |
| Vanguard Extended Market Index Fund                           | 811-02652         |
| Vanguard Global ESG Select Stock Fund                         | 811-03916         |
| Vanguard Target Retirement 2050 Fund                          | 811-04098         |
| Vanguard International Portfolio                              | 811-05962         |
| Vanguard Wellington Fund                                      | 811-00121         |
| Vanguard LifeStrategy Growth Fund                             | 811-03919         |
| Vanguard Total International Bond II Index Fund               | 811-22619         |
| Vanguard Capital Opportunity Fund                             | 811-07239         |
| Vanguard Multi-Sector Income Bond Fund                        | 811-05628         |
| Vanguard ESG U.S. Corporate Bond ETF                          | 811-01027         |
| Vanguard Explorer Value Fund                                  | 811-07803         |
| Vanguard Mid-Cap Index Portfolio                              | 811-05962         |
| Vanguard Long-Term Treasury Index Fund                        | 811-07803         |
| Vanguard Institutional Index Fund                             | 811-06093         |
| Vanguard Energy Fund                                          | 811-03916         |
| Vanguard Intermediate-Term Tax-Exempt Fund                    | 811-02687         |
| Vanguard Global Minimum Volatility Fund                       | 811-07443         |
| Vanguard Global Bond Index Portfolio                          | 811-05962         |
| Vanguard Ultra-Short Bond ETF                                 | 811-04681         |
| Vanguard Strategic Equity Fund                                | 811-07239         |
| Vanguard Russell 1000 Index Fund                              | 811-07803         |
| Vanguard High Dividend Yield Index Fund                       | 811-07443         |
| Vanguard High-Yield Tax-Exempt Fund                           | 811-02687         |
| Vanguard U.S. Liquidity Factor ETF                            | 811-00121         |
| Vanguard Moderate Allocation Portfolio                        | 811-05962         |
| Vanguard Emerging Markets Government Bond Index Fund          | 811-07443         |
| Vanguard Target Retirement 2025 Fund                          | 811-04098         |
| Vanguard Total Stock Market Index Portfolio                   | 811-05962         |
| Vanguard S&P 500 Growth Index Fund                            | 811-07043         |
| Vanguard ESG International Stock ETF                          | 811-01027         |
| Vanguard International High Dividend Yield Index Fund         | 811-07443         |
| Vanguard Consumer Discretionary Index Fund                    | 811-01027         |
| Vanguard Target Retirement 2035 Fund                          | 811-04098         |
| Vanguard U.S. Minimum Volatility ETF                          | 811-00121         |
| Vanguard Capital Growth Portfolio                             | 811-05962         |
| Vanguard Intermediate-Term Investment-Grade Fund              | 811-02368         |
| Vanguard Mega Cap Index Fund                                  | 811-01027         |
| Vanguard Wellesley Income Fund                                | 811-01766         |
| Vanguard Global Capital Cycles Fund                           | 811-03916         |
| Vanguard Global Credit Bond Fund                              | 811-22619         |
| Vanguard Inflation-Protected Securities Fund                  | 811-04681         |
| Vanguard Russell 3000 Index Fund                              | 811-07803         |
| Vanguard Large-Cap Index Fund                                 | 811-02652         |
| Vanguard Long-Term Treasury Fund                              | 811-02368         |
| Vanguard Russell 2000 Value Index Fund                        | 811-07803         |
| Vanguard Total International Stock Market Index Portfolio     | 811-05962         |
| Vanguard STAR Fund                                            | 811-03919         |
| Vanguard High-Yield Corporate Fund                            | 811-02368         |
| Vanguard Small-Cap Growth Index Fund                          | 811-02652         |
| Vanguard Real Estate Index Fund                               | 811-03916         |
| Vanguard Utilities Index Fund                                 | 811-01027         |
| Vanguard S&P 500 Value Index Fund                             | 811-07043         |
| Vanguard Short-Term Tax-Exempt Fund                           | 811-02687         |
| Vanguard Target Retirement 2030 Fund                          | 811-04098         |
| Vanguard Cash Reserves Federal Money Market Fund              | 811-02554         |
| Vanguard New York Long-Term Tax-Exempt Fund                   | 811-04570         |
| Vanguard Target Retirement Income Fund                        | 811-04098         |
| Vanguard U.S. Growth Fund                                     | 811-01027         |
| Vanguard Tax-Managed Capital Appreciation Fund                | 811-07175         |
| Vanguard Short-Term Corporate Bond Index Fund                 | 811-07803         |
| Vanguard Alternative Strategies Fund                          | 811-02968-99      |
| Vanguard Short-Term Federal Fund                              | 811-02368         |
| Vanguard Growth Portfolio                                     | 811-05962         |
| Vanguard Equity Index Portfolio                               | 811-05962         |
| Vanguard Federal Money Market Fund                            | 811-02554         |
| Vanguard Target Retirement 2040 Fund                          | 811-04098         |
| Vanguard Core-Plus Bond Fund                                  | 811-05628         |
| Vanguard Windsor II Fund                                      | 811-00834         |
| Vanguard Strategic Small-Cap Equity Fund                      | 811-07239         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 5 - VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND

- **b. Series identification number, if any:** S000030007

- **c. LEI:** 9REVU8EQQSK7LWENPV85

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 3

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | ETF Shares              | C000092025                                | VNQI                         |
|                           2 | Admiral Shares          | C000092024                                | VGRLX                        |
|                           3 | Institutional Shares    | C000092026                                | VGRNX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** Brown Brothers Harriman & Co.

- **ii. LEI, if any:** 5493006KMX1VFTPYPW14

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**Securities Lending Record: 2**

- **i. Full name of securities lending agent:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. Is the securities lending agent an affiliated person...?** Yes

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [x] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $100,654,471.41

- **g. Provide the net income from securities lending activities:** $3,660,549.87

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. SEC file number:** 801-11953

- **iii. CRD number:** 000105958

- **iv. LEI, if any:** 5493002789CX3L0CJP65

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** THE VANGUARD GROUP, INC.

- **ii. SEC file number:** 084-00772

- **iii. LEI, if any:** 5493002789CX3L0CJP65

- **iv. State, if applicable:** PA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ITG Analytics Inc

- **ii. LEI, if any, or provide and describe other identifying number:** 41-2190282

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** Markit North America INC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-4153988

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** JPMorgan Chase Bank

- **ii. LEI, if any, or provide and describe other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Bloomberg Finance LP

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Refinitiv US LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 20-4530702

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Markit Group Limited

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** ICE Data Pricing and Reference Data LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-36687789

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** Citibank Europe plc, Dublin, Ireland

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** State Street Bank International GmbH

- **ii. LEI, if any:** ZMHGNT7ZPKZ3UFZ8EO46

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 4**

- **i. Full name:** Bank Hapoalim B.M.

- **ii. LEI, if any:** B6ARUI4946ST4S7WOU88

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** First Abu Dhabi Bank P.J.S.C.

- **ii. LEI, if any:** 2138002Y3WMK6RZS8H90

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** Standard Chartered Bank (Thai) Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** Credit Suisse (Switzerland) Limited

- **ii. LEI, if any:** 549300CWR0W0BCS9Q144

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** Standard Chartered Bank Malaysia Berhad

- **ii. LEI, if any:** 549300JTJBG2QBI8KD48

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** Banco de Chile

- **ii. LEI, if any:** 8B4EZFY8IHJC44TT2K84

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** Citibank, N.A.

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** Banco Nacional de Mexico, S.A.

- **ii. LEI, if any:** 2SFFM4FUIE05S37WFU55

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** State Street Trust Company Canada

- **ii. LEI, if any:** 549300L71XG2CTQ2V827

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** Deutsche Bank AG

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** Intesa Sanpaolo S.p.A.

- **ii. LEI, if any:** 2W8N8UU78PMDQKZENC08

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** UniCredit Bank Hungary Zrt.

- **ii. LEI, if any:** Y28RT6GGYJ696PMW8T44

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Citibank N.A.

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** Citibank Maghreb S.A.

- **ii. LEI, if any:** 5493003FVWLMBFTISI11

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** AO Citibank

- **ii. LEI, if any:** CHSQDSVI1UI96Y2SW097

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 26**

- **i. Full name:** BNP Paribas Securities Services, S.C.A.

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** Citibank, A.S.

- **ii. LEI, if any:** CWZ8NZDH5SKY12Q4US31

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 28**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** Ceskoslovenska obchodni banka, a.s.

- **ii. LEI, if any:** Q5BP2UEQ48R75BOTCB92

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** Saudi British Bank

- **ii. LEI, if any:** 558600TQS0WENZUC5190

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** Skandinaviska Enskilda Banken AB (publ)

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 34**

- **i. Full name:** Citibank, N.A.

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 35**

- **i. Full name:** Standard Chartered Bank

- **ii. LEI, if any:** RILFO74KP1CM8P6PCT96

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 36**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 37**

- **i. Full name:** Euroclear Bank S.A./N.V.

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 38**

- **i. Full name:** Standard Chartered Bank (Hong Kong) Limited

- **ii. LEI, if any:** X5AV1MBDXGRPX5UGMX13

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 39**

- **i. Full name:** First Abu Dhabi Bank P.J.S.C.

- **ii. LEI, if any:** 2138002Y3WMK6RZS8H90

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 40**

- **i. Full name:** Citibank del Peru, S.A.

- **ii. LEI, if any:** MYTK5NHHP1G8TVFGT193

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 41**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 42**

- **i. Full name:** State Street Bank and Trust Company, United Kingdom branch

- **ii. LEI, if any:** 213800YAZLPV26WFM449

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 43**

- **i. Full name:** Bank Handlowy w Warszawie S.A.

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 44**

- **i. Full name:** Standard Chartered Bank (Tanzania) Limited

- **ii. LEI, if any:** 549300RLNUU3GJS6MK84

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 45**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 46**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 47**

- **i. Full name:** HSBC Bank Middle East Limited

- **ii. LEI, if any:** 549300F99IL9YJDWH369

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 48**

- **i. Full name:** Citibank Europe plc, Dublin, Ireland

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 49**

- **i. Full name:** Standard Chartered Bank

- **ii. LEI, if any:** RILFO74KP1CM8P6PCT96

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 50**

- **i. Full name:** First Abu Dhabi Bank P.J.S.C.

- **ii. LEI, if any:** 2138002Y3WMK6RZS8H90

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any, or other identifying number:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

**Administrators Record: 2**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** Yes

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Merrill Lynch International

- **ii. SEC file number:** N/A

- **iii. CRD number:** 000162416

- **iv. LEI, if any:** GGDZP1UYGU9STUHRDP48

- **vii. Gross commissions paid by the Fund for the reporting period:** $23,853.42

**Brokers Record: 2**

- **i. Full name of broker:** Morgan Stanley & Co. International PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 4PQUHN3JPFGFNF3BB653

- **vii. Gross commissions paid by the Fund for the reporting period:** $10,773.46

**Brokers Record: 3**

- **i. Full name of broker:** Instinet Pacific Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300RI6VZUNIR81J81

- **vii. Gross commissions paid by the Fund for the reporting period:** $10,787.27

**Brokers Record: 4**

- **i. Full name of broker:** J.P. Morgan Securities PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** K6Q0W1PS1L1O4IQL9C32

- **vii. Gross commissions paid by the Fund for the reporting period:** $59,500.54

**Brokers Record: 5**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $12,506.35

**Brokers Record: 6**

- **i. Full name of broker:** J.P. Morgan Securities (Asia Pacific) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 871JPXVZ0Z8I863B6V34

- **vii. Gross commissions paid by the Fund for the reporting period:** $23,857.34

**Brokers Record: 7**

- **i. Full name of broker:** Credit Suisse Securities (Europe) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** DL6FFRRLF74S01HE2M14

- **vii. Gross commissions paid by the Fund for the reporting period:** $10,092.12

**Brokers Record: 8**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $10,139.51

**Brokers Record: 9**

- **i. Full name of broker:** Goldman Sachs International

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** W22LROWP2IHZNBB6K528

- **vii. Gross commissions paid by the Fund for the reporting period:** $18,512.87

**Brokers Record: 10**

- **i. Full name of broker:** Instinet Europe Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 213800MXAKR2LA1VBM44

- **vii. Gross commissions paid by the Fund for the reporting period:** $9,701.99

**Aggregate Commission:** $299,251.84

**Item C.17.a. Principal transaction counterparties.**

| Name                                         | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Instinet Pacific Limited                     | N/A               | N/A          | 549300RI6VZUNIR81J81 |  |  | $7,837,243.82             |
| Instinet Europe Limited                      | N/A               | N/A          | 213800MXAKR2LA1VBM44 |  |  | $1,395,667.15             |
| Goldman Sachs Australia Pty Ltd              | N/A               | N/A          | 549300GGFLRSTQ15VF10 |  |  | $1,666,074.97             |
| J.P. Morgan Securities PLC                   | N/A               | N/A          | K6Q0W1PS1L1O4IQL9C32 |  |  | $1,193,134.05             |
| Morgan Stanley & Co. LLC                     | 008-15869         | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $1,070,096.72             |
| BTG Pactual Casa de Bolsa, S.A. de C.V.      | N/A               | N/A          | 549300NWLIYW5EWZ5B14 |  |  | $1,342,786.44             |
| Goldman Sachs International                  | N/A               | N/A          | W22LROWP2IHZNBB6K528 |  |  | $836,617.49               |
| Vanguard Market Liquidity Fund               | N/A               | N/A          | 1I6HV0TLSTR3A4XQ6L78 | PA      | US        | $2,748,699,754.54         |
| BNP Paribas Securities Services SCA          | N/A               | N/A          | 549300WCGB70D06XZS54 |  |  | $818,371.69               |
| Morgan Stanley India Company Private Limited | N/A               | N/A          | OYO6KC46QF54MHNL5D43 |  |  | $880,896.49               |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $2,772,036,163.04

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $4,901,085,235.68

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $4,385,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 2 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 3 Name of institution:** Bank of America N.A.

  - **Line Institutions Record: 4 Name of institution:** Bank of Montreal, Chicago Branch

  - **Line Institutions Record: 5 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 6 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 7 Name of institution:** PNC Bank, National Association

  - **Line Institutions Record: 8 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 9 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 10 Name of institution:** Wells Fargo Bank, National Association

  - **Line Institutions Record: 11 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 12 Name of institution:** BNP Paribas

  - **Line Institutions Record: 13 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 14 Name of institution:** The Bank of Nova Scotia, Houston Branch

  - **Line Institutions Record: 15 Name of institution:** Barclays Bank plc

  - **Line Institutions Record: 16 Name of institution:** Societe Generale

  - **Line Institutions Record: 17 Name of institution:** Canadian Imperial Bank of Commerce, New York Branch

  - **Line Institutions Record: 18 Name of institution:** HSBC Bank USA, N.A.

  - **Line Institutions Record: 19 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 20 Name of institution:** Credit Suisse AG, New York Branch

  - **Line Institutions Record: 21 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 22 Name of institution:** The Northern Trust Company

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                  | SEC File number   |
|:---|:---|
| Vanguard Intermediate-Term Investment-Grade Fund              | 811-02368         |
| Vanguard Long-Term Treasury Index Fund                        | 811-07803         |
| Vanguard Communication Services Index Fund                    | 811-01027         |
| Vanguard Value Index Fund                                     | 811-02652         |
| Vanguard Strategic Equity Fund                                | 811-07239         |
| Vanguard Inflation-Protected Securities Fund                  | 811-04681         |
| Vanguard Short-Term Treasury Fund                             | 811-02368         |
| Vanguard Short-Term Federal Fund                              | 811-02368         |
| Vanguard Explorer Value Fund                                  | 811-07803         |
| Vanguard International Dividend Appreciation Index Fund       | 811-07443         |
| Vanguard Emerging Markets Bond Fund                           | 811-05628         |
| Vanguard New Jersey Long-Term Tax-Exempt Fund                 | 811-05340         |
| Vanguard Financials Index Fund                                | 811-01027         |
| Vanguard Short-Term Investment-Grade Portfolio                | 811-05962         |
| Vanguard Growth Portfolio                                     | 811-05962         |
| Vanguard Extended Market Index Fund                           | 811-02652         |
| Vanguard Global Minimum Volatility Fund                       | 811-07443         |
| Vanguard Strategic Small-Cap Equity Fund                      | 811-07239         |
| Vanguard Global Wellesley Income Fund                         | 811-01027         |
| Vanguard LifeStrategy Moderate Growth Fund                    | 811-03919         |
| Vanguard High-Yield Corporate Fund                            | 811-02368         |
| Vanguard High-Yield Tax-Exempt Fund                           | 811-02687         |
| Vanguard Russell 3000 Index Fund                              | 811-07803         |
| Vanguard Commodity Strategy Fund                              | 811-02968-99      |
| Vanguard Windsor II Fund                                      | 811-00834         |
| Vanguard Equity Index Portfolio                               | 811-05962         |
| Vanguard International Core Stock Fund                        | 811-07239         |
| Vanguard Real Estate Index Fund                               | 811-03916         |
| Vanguard U.S. Momentum Factor ETF                             | 811-00121         |
| Vanguard Capital Growth Portfolio                             | 811-05962         |
| Vanguard Advice Select Global Value Fund                      | 811-07443         |
| Vanguard Total World Stock Index Fund                         | 811-05972         |
| Vanguard Target Retirement 2065 Fund                          | 811-04098         |
| Vanguard Total International Bond II Index Fund               | 811-22619         |
| Vanguard Mid-Cap Index Fund                                   | 811-02652         |
| Vanguard Target Retirement 2025 Fund                          | 811-04098         |
| Vanguard Tax-Exempt Bond Index Fund                           | 811-02687         |
| Vanguard Mega Cap Growth Index Fund                           | 811-01027         |
| Vanguard International Growth Fund                            | 811-01027         |
| Vanguard Emerging Markets Government Bond Index Fund          | 811-07443         |
| Vanguard International Value Fund                             | 811-02968-99      |
| Vanguard Equity Income Portfolio                              | 811-05962         |
| Vanguard Developed Markets Index Fund                         | 811-07175         |
| Vanguard Short-Term Treasury Index Fund                       | 811-07803         |
| Vanguard S&P Small-Cap 600 Growth Index Fund                  | 811-07043         |
| Vanguard Russell 2000 Growth Index Fund                       | 811-07803         |
| Vanguard Materials Index Fund                                 | 811-01027         |
| Vanguard Advice Select Dividend Growth Fund                   | 811-07443         |
| Vanguard Industrials Index Fund                               | 811-01027         |
| Vanguard Intermediate-Term Corporate Bond Index Fund          | 811-07803         |
| Vanguard Mid-Cap Value Index Fund                             | 811-02652         |
| Vanguard U.S. Growth Fund                                     | 811-01027         |
| Vanguard Extended Duration Treasury Index Fund                | 811-01027         |
| Vanguard Windsor Fund                                         | 811-00834         |
| Vanguard Target Retirement Income Fund                        | 811-04098         |
| Vanguard Dividend Growth Fund                                 | 811-03916         |
| Vanguard Total Bond Market II Index Fund                      | 811-04681         |
| Vanguard Diversified Equity Fund                              | 811-02968-99      |
| Vanguard S&P Mid-Cap 400 Growth Index Fund                    | 811-07043         |
| Vanguard Selected Value Fund                                  | 811-07443         |
| Vanguard Total International Stock Index Fund                 | 811-03919         |
| Vanguard Global Credit Bond Fund                              | 811-22619         |
| Vanguard Russell 1000 Index Fund                              | 811-07803         |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 811-05628         |
| Vanguard Multi-Sector Income Bond Fund                        | 811-05628         |
| Vanguard Target Retirement 2050 Fund                          | 811-04098         |
| Vanguard Capital Opportunity Fund                             | 811-07239         |
| Vanguard Ultra-Short Bond ETF                                 | 811-04681         |
| Vanguard Intermediate-Term Bond Index Fund                    | 811-04681         |
| Vanguard U.S. Multifactor Fund                                | 811-00121         |
| Vanguard International Explorer Fund                          | 811-07443         |
| Vanguard Tax-Managed Capital Appreciation Fund                | 811-07175         |
| Vanguard Real Estate II Index Fund                            | 811-02368         |
| Vanguard Small-Cap Index Fund                                 | 811-02652         |
| Vanguard Municipal Money Market Fund                          | 811-02687         |
| Vanguard Tax-Managed Balanced Fund                            | 811-07175         |
| Vanguard Balanced Index Fund                                  | 811-58431         |
| Vanguard Total World Bond ETF                                 | 811-07803         |
| Vanguard Mid-Cap Growth Fund                                  | 811-07443         |
| Vanguard International High Dividend Yield Index Fund         | 811-07443         |
| Vanguard Consumer Discretionary Index Fund                    | 811-01027         |
| Vanguard Explorer Fund                                        | 811-01530         |
| Vanguard U.S. Value Factor ETF                                | 811-00121         |
| Vanguard ESG U.S. Corporate Bond ETF                          | 811-01027         |
| Vanguard Large-Cap Index Fund                                 | 811-02652         |
| Vanguard Total International Stock Market Index Portfolio     | 811-05962         |
| Vanguard Wellington Fund                                      | 811-00121         |
| Vanguard Russell 2000 Index Fund                              | 811-07803         |
| Vanguard PRIMECAP Core Fund                                   | 811-05445         |
| Vanguard Real Estate Index Portfolio                          | 811-05962         |
| Vanguard S&P 500 Value Index Fund                             | 811-07043         |
| Vanguard Health Care Fund                                     | 811-03916         |
| Vanguard Market Neutral Fund                                  | 811-22114         |
| Vanguard Institutional Index Fund                             | 811-06093         |
| Vanguard U.S. Liquidity Factor ETF                            | 811-00121         |
| Vanguard Dividend Appreciation Index Fund                     | 811-03916         |
| Vanguard European Stock Index Fund                            | 811-05972         |
| Vanguard Global ESG Select Stock Fund                         | 811-03916         |
| Vanguard Target Retirement 2035 Fund                          | 811-04098         |
| Vanguard Core-Plus Bond Fund                                  | 811-05628         |
| Vanguard Global Capital Cycles Fund                           | 811-03916         |
| Vanguard Institutional Intermediate-Term Bond Fund            | 811-05628         |
| Vanguard Growth Index Fund                                    | 811-02652         |
| Vanguard Alternative Strategies Fund                          | 811-02968-99      |
| Vanguard Small-Cap Growth Index Fund                          | 811-02652         |
| Vanguard GNMA Fund                                            | 811-02368         |
| Vanguard STAR Fund                                            | 811-03919         |
| Vanguard 500 Index Fund                                       | 811-02652         |
| Vanguard Pennsylvania Long-Term Tax-Exempt Fund               | 811-04571         |
| Vanguard Russell 1000 Growth Index Fund                       | 811-07803         |
| Vanguard Target Retirement 2045 Fund                          | 811-04098         |
| Vanguard Ohio Long-Term Tax-Exempt Fund                       | 811-06083         |
| Vanguard Intermediate-Term Tax-Exempt Fund                    | 811-02687         |
| Vanguard S&P Mid-Cap 400 Index Fund                           | 811-07043         |
| Vanguard Total Stock Market Index Portfolio                   | 811-05962         |
| Vanguard Energy Index Fund                                    | 811-01027         |
| Vanguard U.S. Multifactor ETF                                 | 811-00121         |
| Vanguard Intermediate-Term Treasury Index Fund                | 811-07803         |
| Vanguard California Long-Term Tax-Exempt Fund                 | 811-04474         |
| Vanguard U.S. Quality Factor ETF                              | 811-00121         |
| Vanguard Cash Reserves Federal Money Market Fund              | 811-02554         |
| Vanguard Wellesley Income Fund                                | 811-01766         |
| Vanguard Total Bond Market Index Portfolio                    | 811-05962         |
| Vanguard Core Bond Fund                                       | 811-05628         |
| Vanguard Small Company Growth Portfolio                       | 811-05962         |
| Vanguard Market Liquidity Fund                                | 811-21478         |
| Vanguard Mid-Cap Index Portfolio                              | 811-05962         |
| Vanguard FTSE All-World ex-US Index Fund                      | 811-05972         |
| Vanguard Mega Cap Value Index Fund                            | 811-01027         |
| Vanguard S&P Mid-Cap 400 Value Index Fund                     | 811-07043         |
| Vanguard S&P Small-Cap 600 Value Index Fund                   | 811-07043         |
| Vanguard Mega Cap Index Fund                                  | 811-01027         |
| Vanguard Massachusetts Tax-Exempt Fund                        | 811-09005         |
| Vanguard Total Bond Market Index Fund                         | 811-04681         |
| Vanguard Pacific Stock Index Fund                             | 811-05972         |
| Vanguard U.S. Minimum Volatility ETF                          | 811-00121         |
| Vanguard Long-Term Treasury Fund                              | 811-02368         |
| Vanguard Russell 2000 Value Index Fund                        | 811-07803         |
| Vanguard Target Retirement 2060 Fund                          | 811-04098         |
| Vanguard LifeStrategy Conservative Growth Fund                | 811-03919         |
| Vanguard Utilities Index Fund                                 | 811-01027         |
| Vanguard Short-Term Bond Index Fund                           | 811-04681         |
| Vanguard Intermediate-Term Treasury Fund                      | 811-02368         |
| Vanguard Global Equity Fund                                   | 811-07239         |
| Vanguard Institutional Total Stock Market Index Fund          | 811-06093         |
| Vanguard Mortgage-Backed Securities Index Fund                | 811-07803         |
| Vanguard Growth and Income Fund                               | 811-04526         |
| Vanguard Long-Term Investment-Grade Fund                      | 811-02368         |
| Vanguard Emerging Markets Stock Index Fund                    | 811-05972         |
| Vanguard Moderate Allocation Portfolio                        | 811-05962         |
| Vanguard Short-Term Corporate Bond Index Fund                 | 811-07803         |
| Vanguard High Dividend Yield Index Fund                       | 811-07443         |
| Vanguard Total Stock Market Index Fund                        | 811-02652         |
| Vanguard Global Wellington Fund                               | 811-01027         |
| Vanguard PRIMECAP Fund                                        | 811-04098         |
| Vanguard ESG U.S. Stock ETF                                   | 811-01027         |
| Vanguard Money Market Portfolio                               | 811-05962         |
| Vanguard Long-Term Tax-Exempt Fund                            | 811-02687         |
| Vanguard Advice Select International Growth Fund              | 811-07443         |
| Vanguard Energy Fund                                          | 811-03916         |
| Vanguard Long-Term Bond Index Fund                            | 811-04681         |
| Vanguard Managed Allocation Fund                              | 811-58431         |
| Vanguard Target Retirement 2055 Fund                          | 811-04098         |
| Vanguard New York Municipal Money Market Fund                 | 811-04570         |
| Vanguard Mid-Cap Growth Index Fund                            | 811-02652         |
| Vanguard Global Bond Index Portfolio                          | 811-05962         |
| Vanguard Conservative Allocation Portfolio                    | 811-05962         |
| Vanguard ESG International Stock ETF                          | 811-01027         |
| Vanguard S&P Small-Cap 600 Index Fund                         | 811-07043         |
| Vanguard Short-Term Tax-Exempt Fund                           | 811-02687         |
| Vanguard High-Yield Bond Portfolio                            | 811-05962         |
| Vanguard Treasury Money Market Fund                           | 811-07043         |
| Vanguard LifeStrategy Income Fund                             | 811-03919         |
| Vanguard California Intermediate-Term Tax-Exempt Fund         | 811-04474         |
| Vanguard S&P 500 Growth Index Fund                            | 811-07043         |
| Vanguard Information Technology Index Fund                    | 811-01027         |
| Vanguard Short-Term Investment-Grade Fund                     | 811-02368         |
| Vanguard Total Corporate Bond ETF                             | 811-07803         |
| Vanguard International Portfolio                              | 811-05962         |
| Vanguard Federal Money Market Fund                            | 811-02554         |
| Vanguard Diversified Value Portfolio                          | 811-05962         |
| Vanguard California Municipal Money Market Fund               | 811-04474         |
| Vanguard Health Care Index Fund                               | 811-01027         |
| Vanguard Equity Income Fund                                   | 811-05445         |
| Vanguard Target Retirement 2030 Fund                          | 811-04098         |
| Vanguard Long-Term Corporate Bond Index Fund                  | 811-07803         |
| Vanguard Target Retirement 2020 Fund                          | 811-04098         |
| Vanguard Tax-Managed Small-Cap Fund                           | 811-07175         |
| Vanguard Small-Cap Value Index Fund                           | 811-02652         |
| Vanguard Ultra-Short-Term Bond Fund                           | 811-02368         |
| Vanguard Municipal Cash Management Fund                       | 811-21478         |
| Vanguard Balanced Portfolio                                   | 811-05962         |
| Vanguard LifeStrategy Growth Fund                             | 811-03919         |
| Vanguard FTSE Social Index Fund                               | 811-01027         |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund            | 811-05972         |
| Vanguard Total International Bond Index Fund                  | 811-22619         |
| Vanguard Russell 1000 Value Index Fund                        | 811-07803         |
| Vanguard Target Retirement 2040 Fund                          | 811-04098         |
| Vanguard Emerging Markets Select Stock Fund                   | 811-02968-99      |
| Vanguard New York Long-Term Tax-Exempt Fund                   | 811-04570         |
| Vanguard Consumer Staples Index Fund                          | 811-01027         |
| Vanguard Institutional Short-Term Bond Fund                   | 811-05628         |
| Vanguard Limited-Term Tax-Exempt Fund                         | 811-02687         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 6 - VANGUARD EUROPEAN STOCK INDEX FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** VANGUARD EUROPEAN STOCK INDEX FUND

- **b. Series identification number, if any:** S000005787

- **c. LEI:** 361APDRO23LM07VQYX32

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 5

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class     | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Admiral Shares            | C000015904                                | VEUSX                        |
|                           2 | Institutional Plus Shares | C000096107                                | VEUPX                        |
|                           3 | Investor Shares           | C000015903                                | VEURX                        |
|                           4 | Institutional Shares      | C000015905                                | VESIX                        |
|                           5 | ETF Shares                | C000015906                                | VGK                          |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. Is the securities lending agent an affiliated person...?** Yes

**Securities Lending Record: 2**

- **i. Full name of securities lending agent:** Brown Brothers Harriman & Co.

- **ii. LEI, if any:** 5493006KMX1VFTPYPW14

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [x] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $80,549,999.65

- **g. Provide the net income from securities lending activities:** $3,874,291.38

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 12d1-4 (17 CFR 270.12d1-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. SEC file number:** 801-11953

- **iii. CRD number:** 000105958

- **iv. LEI, if any:** 5493002789CX3L0CJP65

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** THE VANGUARD GROUP, INC.

- **ii. SEC file number:** 084-00772

- **iii. LEI, if any:** 5493002789CX3L0CJP65

- **iv. State, if applicable:** PA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Refinitiv US LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 20-4530702

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Pricing and Reference Data LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-36687789

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Bloomberg Finance LP

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Markit North America INC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-4153988

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Markit Group Limited

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** ITG Analytics Inc

- **ii. LEI, if any, or provide and describe other identifying number:** 41-2190282

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** JPMorgan Chase Bank

- **ii. LEI, if any, or provide and describe other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** Citibank Europe Plc

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** THE BANK OF NEW YORK MELLON

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 3**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN AB, COPENHAGEN BRANCH

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** CIBC MELLON TRUST COMPANY

- **ii. LEI, if any:** 549300IYUUH221WBZ505

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 6**

- **i. Full name:** Citibank Europe Plc, Greece branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** UniCredit Bank Austria AG

- **ii. LEI, if any:** D1HEB8VEU6D9M8ZUXG17

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** The Bank of New York Mellon SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 9**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN, STOCKHOLM

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** Skandinaviska Enskilda Banken, Helsinki branch

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** EUROCLEAR BANK, BRUSSELS

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 12**

- **i. Full name:** EUROCLEAR BELGIUM

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 13**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited, Sydney Branch

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** THE BANK OF NEW YORK MELLON SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 15**

- **i. Full name:** THE BANK OF NEW YORK MELLON SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 16**

- **i. Full name:** SKANDINAVISKA ENSKILDA BANKEN AB, OSLO BRANCH

- **ii. LEI, if any:** F3JS33DEI6XQ4ZBPTN86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** CREDIT SUISSE (SWITZERLAND) LTD

- **ii. LEI, if any:** 549300CWR0W0BCS9Q144

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** BANK POLSKA KASA OPIEKI S.A.

- **ii. LEI, if any:** 5493000LKS7B3UTF7H35

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** MIZUHO BANK, LTD

- **ii. LEI, if any:** RB0PEZSDGCO3JS6CEU02

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** The Bank of New York Mellon SA/NV

- **ii. LEI, if any:** MMYX0N4ZEZ13Z4XCG897

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 21**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 22**

- **i. Full name:** Citibank Europe Plc, Greece branch

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** Caceis Bank Spain S.A.U

- **ii. LEI, if any:** 95980020140005970915

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** THE BANK OF NEW YORK MELLON

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any, or other identifying number:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

**Administrators Record: 2**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any, or other identifying number:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** Yes

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** Exane

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 969500UP76J52A9OXU27

- **vii. Gross commissions paid by the Fund for the reporting period:** $30,907.14

**Brokers Record: 2**

- **i. Full name of broker:** BNP Paribas Securities Services SCA

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300WCGB70D06XZS54

- **vii. Gross commissions paid by the Fund for the reporting period:** $6,904.59

**Brokers Record: 3**

- **i. Full name of broker:** Credit Suisse Securities (Europe) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** DL6FFRRLF74S01HE2M14

- **vii. Gross commissions paid by the Fund for the reporting period:** $25,830.78

**Brokers Record: 4**

- **i. Full name of broker:** Barclays Capital Inc.

- **ii. SEC file number:** 008-41342

- **iii. CRD number:** 000019714

- **iv. LEI, if any:** AC28XWWI3WIBK2824319

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $26,858.89

**Brokers Record: 5**

- **i. Full name of broker:** Goldman Sachs International

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** W22LROWP2IHZNBB6K528

- **vii. Gross commissions paid by the Fund for the reporting period:** $9,556.72

**Brokers Record: 6**

- **i. Full name of broker:** Instinet Europe Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 213800MXAKR2LA1VBM44

- **vii. Gross commissions paid by the Fund for the reporting period:** $46,579.61

**Brokers Record: 7**

- **i. Full name of broker:** Merrill Lynch International

- **ii. SEC file number:** N/A

- **iii. CRD number:** 000162416

- **iv. LEI, if any:** GGDZP1UYGU9STUHRDP48

- **vii. Gross commissions paid by the Fund for the reporting period:** $19,785.17

**Brokers Record: 8**

- **i. Full name of broker:** Citigroup Global Markets Europe AG

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 6TJCK1B7E7UTXP528Y04

- **vii. Gross commissions paid by the Fund for the reporting period:** $8,238.39

**Brokers Record: 9**

- **i. Full name of broker:** Goldman Sachs & Co. LLC

- **ii. SEC file number:** 008-00129

- **iii. CRD number:** 000000361

- **iv. LEI, if any:** FOR8UP27PHTHYVLBNG30

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $37,446.80

**Brokers Record: 10**

- **i. Full name of broker:** J.P. Morgan Securities PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** K6Q0W1PS1L1O4IQL9C32

- **vii. Gross commissions paid by the Fund for the reporting period:** $107,632.39

**Aggregate Commission:** $342,987.90

**Item C.17.a. Principal transaction counterparties.**

| Name                               | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Merrill Lynch International        | N/A               | 000162416    | GGDZP1UYGU9STUHRDP48 |  |  | $6,526,158.52             |
| Goldman Sachs International        | N/A               | N/A          | W22LROWP2IHZNBB6K528 |  |  | $5,538,783.36             |
| Barclays Capital Inc.              | 008-41342         | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $13,588,633.56            |
| J.P. Morgan Securities PLC         | N/A               | N/A          | K6Q0W1PS1L1O4IQL9C32 |  |  | $9,173,279.22             |
| Exane                              | N/A               | N/A          | 969500UP76J52A9OXU27 |  |  | $21,881,040.70            |
| Vanguard Market Liquidity Fund     | N/A               | N/A          | 1I6HV0TLSTR3A4XQ6L78 | PA      | US        | $3,741,723,471.25         |
| Citigroup Global Markets Limited   | N/A               | N/A          | XKZZ2JZF41MRHTR1V493 |  |  | $4,527,450.43             |
| Instinet Europe Limited            | N/A               | N/A          | 213800MXAKR2LA1VBM44 |  |  | $39,115,588.33            |
| Joh. Berenberg, Gossler & Co. KG   | N/A               | N/A          | 529900UC2OD7II24Z667 |  |  | $8,335,094.55             |
| Citigroup Global Markets Europe AG | N/A               | N/A          | 6TJCK1B7E7UTXP528Y04 |  |  | $7,840,282.18             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $3,865,234,161.06

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $23,120,541,141.83

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $4,385,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** Barclays Bank plc

  - **Line Institutions Record: 2 Name of institution:** Wells Fargo Bank, National Association

  - **Line Institutions Record: 3 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 4 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 5 Name of institution:** The Bank of Nova Scotia, Houston Branch

  - **Line Institutions Record: 6 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 7 Name of institution:** Bank of Montreal, Chicago Branch

  - **Line Institutions Record: 8 Name of institution:** Credit Suisse AG, New York Branch

  - **Line Institutions Record: 9 Name of institution:** The Northern Trust Company

  - **Line Institutions Record: 10 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 11 Name of institution:** Bank of America N.A.

  - **Line Institutions Record: 12 Name of institution:** HSBC Bank USA, N.A.

  - **Line Institutions Record: 13 Name of institution:** Societe Generale

  - **Line Institutions Record: 14 Name of institution:** Canadian Imperial Bank of Commerce, New York Branch

  - **Line Institutions Record: 15 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 16 Name of institution:** PNC Bank, National Association

  - **Line Institutions Record: 17 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 18 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 19 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 20 Name of institution:** BNP Paribas

  - **Line Institutions Record: 21 Name of institution:** Citibank, N.A.

  - **Line Institutions Record: 22 Name of institution:** JPMorgan Chase Bank, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                  | SEC File number   |
|:---|:---|
| Vanguard U.S. Growth Fund                                     | 811-01027         |
| Vanguard Equity Income Portfolio                              | 811-05962         |
| Vanguard Windsor II Fund                                      | 811-00834         |
| Vanguard Emerging Markets Bond Fund                           | 811-05628         |
| Vanguard Global Capital Cycles Fund                           | 811-03916         |
| Vanguard Russell 3000 Index Fund                              | 811-07803         |
| Vanguard Equity Income Fund                                   | 811-05445         |
| Vanguard Long-Term Treasury Fund                              | 811-02368         |
| Vanguard Mid-Cap Index Fund                                   | 811-02652         |
| Vanguard Russell 1000 Index Fund                              | 811-07803         |
| Vanguard Real Estate Index Fund                               | 811-03916         |
| Vanguard Industrials Index Fund                               | 811-01027         |
| Vanguard LifeStrategy Conservative Growth Fund                | 811-03919         |
| Vanguard Global ESG Select Stock Fund                         | 811-03916         |
| Vanguard High Dividend Yield Index Fund                       | 811-07443         |
| Vanguard Financials Index Fund                                | 811-01027         |
| Vanguard Wellesley Income Fund                                | 811-01766         |
| Vanguard Total Bond Market Index Portfolio                    | 811-05962         |
| Vanguard Consumer Staples Index Fund                          | 811-01027         |
| Vanguard Health Care Index Fund                               | 811-01027         |
| Vanguard New York Municipal Money Market Fund                 | 811-04570         |
| Vanguard Advice Select Dividend Growth Fund                   | 811-07443         |
| Vanguard Target Retirement 2050 Fund                          | 811-04098         |
| Vanguard Target Retirement 2025 Fund                          | 811-04098         |
| Vanguard S&P Small-Cap 600 Index Fund                         | 811-07043         |
| Vanguard S&P Mid-Cap 400 Growth Index Fund                    | 811-07043         |
| Vanguard Market Liquidity Fund                                | 811-21478         |
| Vanguard Core-Plus Bond Fund                                  | 811-05628         |
| Vanguard Small-Cap Value Index Fund                           | 811-02652         |
| Vanguard Tax-Managed Balanced Fund                            | 811-07175         |
| Vanguard Federal Money Market Fund                            | 811-02554         |
| Vanguard Equity Index Portfolio                               | 811-05962         |
| Vanguard Total World Bond ETF                                 | 811-07803         |
| Vanguard Short-Term Investment-Grade Fund                     | 811-02368         |
| Vanguard Intermediate-Term Tax-Exempt Fund                    | 811-02687         |
| Vanguard STAR Fund                                            | 811-03919         |
| Vanguard PRIMECAP Fund                                        | 811-04098         |
| Vanguard Mid-Cap Index Portfolio                              | 811-05962         |
| Vanguard Intermediate-Term Investment-Grade Fund              | 811-02368         |
| Vanguard Short-Term Federal Fund                              | 811-02368         |
| Vanguard Pennsylvania Long-Term Tax-Exempt Fund               | 811-04571         |
| Vanguard Municipal Money Market Fund                          | 811-02687         |
| Vanguard Developed Markets Index Fund                         | 811-07175         |
| Vanguard Global Bond Index Portfolio                          | 811-05962         |
| Vanguard Global Wellington Fund                               | 811-01027         |
| Vanguard Total International Stock Index Fund                 | 811-03919         |
| Vanguard 500 Index Fund                                       | 811-02652         |
| Vanguard Russell 2000 Index Fund                              | 811-07803         |
| Vanguard International High Dividend Yield Index Fund         | 811-07443         |
| Vanguard Emerging Markets Select Stock Fund                   | 811-02968-99      |
| Vanguard Real Estate Index Portfolio                          | 811-05962         |
| Vanguard Emerging Markets Government Bond Index Fund          | 811-07443         |
| Vanguard Mega Cap Value Index Fund                            | 811-01027         |
| Vanguard Capital Opportunity Fund                             | 811-07239         |
| Vanguard Extended Market Index Fund                           | 811-02652         |
| Vanguard Dividend Appreciation Index Fund                     | 811-03916         |
| Vanguard International Dividend Appreciation Index Fund       | 811-07443         |
| Vanguard FTSE All-World ex-US Index Fund                      | 811-05972         |
| Vanguard Intermediate-Term Bond Index Fund                    | 811-04681         |
| Vanguard Mid-Cap Growth Index Fund                            | 811-02652         |
| Vanguard Materials Index Fund                                 | 811-01027         |
| Vanguard Conservative Allocation Portfolio                    | 811-05962         |
| Vanguard Moderate Allocation Portfolio                        | 811-05962         |
| Vanguard Target Retirement 2040 Fund                          | 811-04098         |
| Vanguard High-Yield Bond Portfolio                            | 811-05962         |
| Vanguard Small Company Growth Portfolio                       | 811-05962         |
| Vanguard Strategic Small-Cap Equity Fund                      | 811-07239         |
| Vanguard International Growth Fund                            | 811-01027         |
| Vanguard Small-Cap Index Fund                                 | 811-02652         |
| Vanguard Mid-Cap Growth Fund                                  | 811-07443         |
| Vanguard Selected Value Fund                                  | 811-07443         |
| Vanguard Windsor Fund                                         | 811-00834         |
| Vanguard S&P Small-Cap 600 Growth Index Fund                  | 811-07043         |
| Vanguard Inflation-Protected Securities Fund                  | 811-04681         |
| Vanguard S&P 500 Value Index Fund                             | 811-07043         |
| Vanguard Intermediate-Term Treasury Fund                      | 811-02368         |
| Vanguard Treasury Money Market Fund                           | 811-07043         |
| Vanguard Short-Term Treasury Index Fund                       | 811-07803         |
| Vanguard Target Retirement 2045 Fund                          | 811-04098         |
| Vanguard Municipal Cash Management Fund                       | 811-21478         |
| Vanguard FTSE Social Index Fund                               | 811-01027         |
| Vanguard Mid-Cap Value Index Fund                             | 811-02652         |
| Vanguard Consumer Discretionary Index Fund                    | 811-01027         |
| Vanguard International Portfolio                              | 811-05962         |
| Vanguard Advice Select International Growth Fund              | 811-07443         |
| Vanguard Advice Select Global Value Fund                      | 811-07443         |
| Vanguard Dividend Growth Fund                                 | 811-03916         |
| Vanguard Short-Term Tax-Exempt Fund                           | 811-02687         |
| Vanguard Communication Services Index Fund                    | 811-01027         |
| Vanguard Tax-Managed Capital Appreciation Fund                | 811-07175         |
| Vanguard Russell 1000 Value Index Fund                        | 811-07803         |
| Vanguard Total World Stock Index Fund                         | 811-05972         |
| Vanguard Real Estate II Index Fund                            | 811-02368         |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 811-05628         |
| Vanguard High-Yield Tax-Exempt Fund                           | 811-02687         |
| Vanguard Growth Portfolio                                     | 811-05962         |
| Vanguard Target Retirement 2030 Fund                          | 811-04098         |
| Vanguard Institutional Short-Term Bond Fund                   | 811-05628         |
| Vanguard U.S. Minimum Volatility ETF                          | 811-00121         |
| Vanguard Intermediate-Term Treasury Index Fund                | 811-07803         |
| Vanguard Core Bond Fund                                       | 811-05628         |
| Vanguard Energy Fund                                          | 811-03916         |
| Vanguard Target Retirement 2055 Fund                          | 811-04098         |
| Vanguard Global Wellesley Income Fund                         | 811-01027         |
| Vanguard Balanced Portfolio                                   | 811-05962         |
| Vanguard Large-Cap Index Fund                                 | 811-02652         |
| Vanguard Long-Term Investment-Grade Fund                      | 811-02368         |
| Vanguard U.S. Multifactor ETF                                 | 811-00121         |
| Vanguard Intermediate-Term Corporate Bond Index Fund          | 811-07803         |
| Vanguard Russell 1000 Growth Index Fund                       | 811-07803         |
| Vanguard Mega Cap Growth Index Fund                           | 811-01027         |
| Vanguard Wellington Fund                                      | 811-00121         |
| Vanguard Short-Term Corporate Bond Index Fund                 | 811-07803         |
| Vanguard Long-Term Tax-Exempt Fund                            | 811-02687         |
| Vanguard Growth and Income Fund                               | 811-04526         |
| Vanguard Total Corporate Bond ETF                             | 811-07803         |
| Vanguard New York Long-Term Tax-Exempt Fund                   | 811-04570         |
| Vanguard California Long-Term Tax-Exempt Fund                 | 811-04474         |
| Vanguard U.S. Value Factor ETF                                | 811-00121         |
| Vanguard Target Retirement 2065 Fund                          | 811-04098         |
| Vanguard ESG International Stock ETF                          | 811-01027         |
| Vanguard Mortgage-Backed Securities Index Fund                | 811-07803         |
| Vanguard Limited-Term Tax-Exempt Fund                         | 811-02687         |
| Vanguard Tax-Exempt Bond Index Fund                           | 811-02687         |
| Vanguard Strategic Equity Fund                                | 811-07239         |
| Vanguard Global Equity Fund                                   | 811-07239         |
| Vanguard Explorer Fund                                        | 811-01530         |
| Vanguard Ultra-Short-Term Bond Fund                           | 811-02368         |
| Vanguard Institutional Intermediate-Term Bond Fund            | 811-05628         |
| Vanguard Managed Allocation Fund                              | 811-58431         |
| Vanguard Diversified Equity Fund                              | 811-02968-99      |
| Vanguard S&P Mid-Cap 400 Index Fund                           | 811-07043         |
| Vanguard Total Stock Market Index Fund                        | 811-02652         |
| Vanguard Small-Cap Growth Index Fund                          | 811-02652         |
| Vanguard Diversified Value Portfolio                          | 811-05962         |
| Vanguard Growth Index Fund                                    | 811-02652         |
| Vanguard Target Retirement 2020 Fund                          | 811-04098         |
| Vanguard Target Retirement 2060 Fund                          | 811-04098         |
| Vanguard International Value Fund                             | 811-02968-99      |
| Vanguard Total Stock Market Index Portfolio                   | 811-05962         |
| Vanguard Global Credit Bond Fund                              | 811-22619         |
| Vanguard California Municipal Money Market Fund               | 811-04474         |
| Vanguard Value Index Fund                                     | 811-02652         |
| Vanguard Long-Term Corporate Bond Index Fund                  | 811-07803         |
| Vanguard S&P Small-Cap 600 Value Index Fund                   | 811-07043         |
| Vanguard LifeStrategy Moderate Growth Fund                    | 811-03919         |
| Vanguard Short-Term Investment-Grade Portfolio                | 811-05962         |
| Vanguard Emerging Markets Stock Index Fund                    | 811-05972         |
| Vanguard U.S. Quality Factor ETF                              | 811-00121         |
| Vanguard Ultra-Short Bond ETF                                 | 811-04681         |
| Vanguard Total International Stock Market Index Portfolio     | 811-05962         |
| Vanguard Institutional Index Fund                             | 811-06093         |
| Vanguard Short-Term Treasury Fund                             | 811-02368         |
| Vanguard Extended Duration Treasury Index Fund                | 811-01027         |
| Vanguard Ohio Long-Term Tax-Exempt Fund                       | 811-06083         |
| Vanguard GNMA Fund                                            | 811-02368         |
| Vanguard Cash Reserves Federal Money Market Fund              | 811-02554         |
| Vanguard Total International Bond II Index Fund               | 811-22619         |
| Vanguard Target Retirement 2035 Fund                          | 811-04098         |
| Vanguard Commodity Strategy Fund                              | 811-02968-99      |
| Vanguard Global Minimum Volatility Fund                       | 811-07443         |
| Vanguard Balanced Index Fund                                  | 811-58431         |
| Vanguard Tax-Managed Small-Cap Fund                           | 811-07175         |
| Vanguard ESG U.S. Stock ETF                                   | 811-01027         |
| Vanguard Multi-Sector Income Bond Fund                        | 811-05628         |
| Vanguard PRIMECAP Core Fund                                   | 811-05445         |
| Vanguard U.S. Multifactor Fund                                | 811-00121         |
| Vanguard U.S. Liquidity Factor ETF                            | 811-00121         |
| Vanguard Russell 2000 Growth Index Fund                       | 811-07803         |
| Vanguard S&P 500 Growth Index Fund                            | 811-07043         |
| Vanguard Money Market Portfolio                               | 811-05962         |
| Vanguard Energy Index Fund                                    | 811-01027         |
| Vanguard Pacific Stock Index Fund                             | 811-05972         |
| Vanguard Alternative Strategies Fund                          | 811-02968-99      |
| Vanguard Total Bond Market II Index Fund                      | 811-04681         |
| Vanguard Russell 2000 Value Index Fund                        | 811-07803         |
| Vanguard Institutional Total Stock Market Index Fund          | 811-06093         |
| Vanguard Long-Term Bond Index Fund                            | 811-04681         |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund            | 811-05972         |
| Vanguard High-Yield Corporate Fund                            | 811-02368         |
| Vanguard Total International Bond Index Fund                  | 811-22619         |
| Vanguard S&P Mid-Cap 400 Value Index Fund                     | 811-07043         |
| Vanguard U.S. Momentum Factor ETF                             | 811-00121         |
| Vanguard ESG U.S. Corporate Bond ETF                          | 811-01027         |
| Vanguard New Jersey Long-Term Tax-Exempt Fund                 | 811-05340         |
| Vanguard Massachusetts Tax-Exempt Fund                        | 811-09005         |
| Vanguard Information Technology Index Fund                    | 811-01027         |
| Vanguard LifeStrategy Income Fund                             | 811-03919         |
| Vanguard Capital Growth Portfolio                             | 811-05962         |
| Vanguard LifeStrategy Growth Fund                             | 811-03919         |
| Vanguard Mega Cap Index Fund                                  | 811-01027         |
| Vanguard Market Neutral Fund                                  | 811-22114         |
| Vanguard Long-Term Treasury Index Fund                        | 811-07803         |
| Vanguard International Core Stock Fund                        | 811-07239         |
| Vanguard Global ex-U.S. Real Estate Index Fund                | 811-05972         |
| Vanguard Short-Term Bond Index Fund                           | 811-04681         |
| Vanguard Total Bond Market Index Fund                         | 811-04681         |
| Vanguard International Explorer Fund                          | 811-07443         |
| Vanguard California Intermediate-Term Tax-Exempt Fund         | 811-04474         |
| Vanguard Health Care Fund                                     | 811-03916         |
| Vanguard Explorer Value Fund                                  | 811-07803         |
| Vanguard Utilities Index Fund                                 | 811-01027         |
| Vanguard Target Retirement Income Fund                        | 811-04098         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

### Management Investment Record: 7 - VANGUARD EMERGING MARKETS STOCK INDEX FUND

**Item C.1. Background information.**

- **a. Full Name of the Fund:** VANGUARD EMERGING MARKETS STOCK INDEX FUND

- **b. Series identification number, if any:** S000005786

- **c. LEI:** YNHDFX2L9SSID3XIIE57

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 5

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class     | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Institutional Shares      | C000015901                                | VEMIX                        |
|                           2 | ETF Shares                | C000015902                                | VWO                          |
|                           3 | Institutional Plus Shares | C000096106                                | VEMRX                        |
|                           4 | Admiral Shares            | C000035633                                | VEMAX                        |
|                           5 | Investor Shares           | C000015900                                | VEIEX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [x] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [ ] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

- **b. Did the Fund lend any of its securities during the reporting period?** Yes

  - **i. If yes, during the reporting period, did any borrower fail to return the loaned securities by the contractual deadline with the result that:**

    - **1. The Fund (or it securities lending agent) liquidated collateral pledged to secure the loaned securities?** No

    - **2. The Fund was otherwise adversely impacted?** No

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. Is the securities lending agent an affiliated person...?** Yes

**Securities Lending Record: 2**

- **i. Full name of securities lending agent:** Brown Brothers Harriman & Co.

- **ii. LEI, if any:** 5493006KMX1VFTPYPW14

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**e. Types of payments made to one or more securities lending agents and cash collateral managers (check all that apply):**

- [x] Revenue sharing split

- [ ] Fee-based revenue split (other than administrative fee)

- [x] Administrative fee

- [x] Cash collateral reinvestment fee

- [ ] Indemnification fee

- [ ] Other

- [ ] N/A

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** $1,113,869,440.67

- **g. Provide the net income from securities lending activities:** $41,156,778.12

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-4 (17 CFR 270.12d1-4)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** No

- **b. Were any expenses reduced or waived?** No

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. SEC file number:** 801-11953

- **iii. CRD number:** 000105958

- **iv. LEI, if any:** 5493002789CX3L0CJP65

- **v. State, if applicable:** PA

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** THE VANGUARD GROUP, INC.

- **ii. SEC file number:** 084-00772

- **iii. LEI, if any:** 5493002789CX3L0CJP65

- **iv. State, if applicable:** PA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ITG Analytics Inc

- **ii. LEI, if any, or provide and describe other identifying number:** 41-2190282

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Pricing and Reference Data LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-36687789

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** Markit Group Limited

- **ii. LEI, if any, or provide and describe other identifying number:** 549300HLPTRASHS0E726

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Markit North America INC

- **ii. LEI, if any, or provide and describe other identifying number:** 13-4153988

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Refinitiv US LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 20-4530702

- **Description of other identifying number:** TIN

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Bloomberg Finance LP

- **ii. LEI, if any, or provide and describe other identifying number:** 5493001KJTIIGC8Y1R12

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** JPMorgan Chase Bank

- **ii. LEI, if any, or provide and describe other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** OH

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** Islandsbanki hf

- **ii. LEI, if any:** 549300PZMFIQR79Q0T97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 2**

- **i. Full name:** Citibank Europe plc

- **ii. LEI, if any:** N1FBEDJ5J41VKZLO2475

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 3**

- **i. Full name:** UniCredit Bank Czech Republic and Slovakia as

- **ii. LEI, if any:** KR6LSKV3BTSJRD41IF75

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 4**

- **i. Full name:** JPMorgan Chase Bank NA

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 5**

- **i. Full name:** Standard Chartered Bank Pakistan Limited

- **ii. LEI, if any:** 549300YTOMKUNPUTB551

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 6**

- **i. Full name:** Cititrust Colombia SA

- **ii. LEI, if any:** 549300242J3IJCOSGI49

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 7**

- **i. Full name:** HSBC Continental Europe

- **ii. LEI, if any:** MP6I5ZYZBEU3UXPYFY54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 8**

- **i. Full name:** JP Morgan Saudi Arabia Company

- **ii. LEI, if any:** 549300HST49806XTCK29

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 9**

- **i. Full name:** Standard Chartered Bank Korea Limited

- **ii. LEI, if any:** NUXTG47HHHM1K2L0SG39

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 10**

- **i. Full name:** HSBC Bank Middle East Limited

- **ii. LEI, if any:** 549300F99IL9YJDWH369

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 11**

- **i. Full name:** J.P. MORGAN SE - LUXEMBOURG BRANCH

- **ii. LEI, if any:** 549300ZK53CNGEEI6A29

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 12**

- **i. Full name:** Citibank NA

- **ii. LEI, if any:** E57ODZWZ7FF32TWEFA76

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 13**

- **i. Full name:** PT Bank HSBC Indonesia

- **ii. LEI, if any:** 213800HW5IDIRLWH1203

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 14**

- **i. Full name:** JPMorgan Chase Bank NA

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 15**

- **i. Full name:** Bank Handlowy w Warszawie SA

- **ii. LEI, if any:** XLEZHWWOI4HFQDGL4793

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 16**

- **i. Full name:** The Hongkong and Shanghai Banking Corporation Limited

- **ii. LEI, if any:** 2HI3YI5320L3RW6NJ957

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 17**

- **i. Full name:** HSBC Bank Malaysia Berhad

- **ii. LEI, if any:** P3RPN9OJFCXUPJWB1Q09

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 18**

- **i. Full name:** JP Morgan Bank International Limited Liability Company

- **ii. LEI, if any:** 549300B831LSRSI6RA15

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 19**

- **i. Full name:** Citibank del Peru SA

- **ii. LEI, if any:** MYTK5NHHP1G8TVFGT193

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 20**

- **i. Full name:** Standard Chartered Bank Thai Public Company Limited

- **ii. LEI, if any:** 549300O1LQYCQ7G1IM57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 21**

- **i. Full name:** JPMorgan Chase Bank NA

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 22**

- **i. Full name:** Banco Santander Chile

- **ii. LEI, if any:** 3YJP8HORPAEXJ80D6368

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 23**

- **i. Full name:** JP Morgan SA DTVM

- **ii. LEI, if any:** 5493001LS7J56NZZ3G07

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 24**

- **i. Full name:** HSBC Bank China Company Limited

- **ii. LEI, if any:** 2CZOJRADNJXBLT55G526

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 25**

- **i. Full name:** FirstRand Bank Limited

- **ii. LEI, if any:** ZAYQDKTCATIXF9OQY690

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 26**

- **i. Full name:** Banco Nacional de Mexico SA

- **ii. LEI, if any:** 2SFFM4FUIE05S37WFU55

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 27**

- **i. Full name:** JPMorgan Chase Bank NA

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

**Custodians Record: 28**

- **i. Full name:** HSBC Bank Middle East Limited

- **ii. LEI, if any:** 549300F99IL9YJDWH369

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 29**

- **i. Full name:** HSBC Continental Europe

- **ii. LEI, if any:** MP6I5ZYZBEU3UXPYFY54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 30**

- **i. Full name:** Deutsche Bank AG

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 31**

- **i. Full name:** Citibank AS

- **ii. LEI, if any:** CWZ8NZDH5SKY12Q4US31

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 32**

- **i. Full name:** HSBC Bank Middle East Limited

- **ii. LEI, if any:** 549300F99IL9YJDWH369

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 33**

- **i. Full name:** Societe Generale Marocaine de Banques

- **ii. LEI, if any:** 549300WHIMVBNIDQWK21

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 34**

- **i. Full name:** Euroclear

- **ii. LEI, if any:** 549300OZ46BRLZ8Y6F65

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)

**Custodians Record: 35**

- **i. Full name:** HSBC Argentina Bank SA

- **ii. LEI, if any:** 549300K52NF2S4SQDO82

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 36**

- **i. Full name:** DBS Bank Ltd

- **ii. LEI, if any:** ATUEL7OJR5057F2PV266

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 37**

- **i. Full name:** Deutsche Bank AG

- **ii. LEI, if any:** 7LTWFZYICNSX8D621K86

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 38**

- **i. Full name:** JPMorgan Chase Bank NA

- **ii. LEI, if any:** 7H6GLXDRUGQFU57RNE97

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 39**

- **i. Full name:** Bank Leumi leIsrael BM

- **ii. LEI, if any:** 7JDSZWRGUQY2DSTWCR57

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

**Custodians Record: 40**

- **i. Full name:** BNP Paribas Securities Services SCA

- **ii. LEI, if any:** 549300WCGB70D06XZS54

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** Yes

- **vii. With respect to the custodian, check below to indicate the type of custody:** Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** The Vanguard Group, Inc.

- **ii. LEI, if any, or other identifying number:** 5493002789CX3L0CJP65

- **iii. State, if applicable:** PA

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

**Administrators Record: 2**

- **i. Full name:** JPMorgan Chase Bank, N.A.

- **ii. LEI, if any, or other identifying number:** 7H6GLXDRUGQFU57RNE97

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the administrator a sub-administrator?:** Yes

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

No Affiliated Broker-Dealers reported.

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** UBS Securities Co Ltd

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300YZ2GIMNB6S2A13

- **vii. Gross commissions paid by the Fund for the reporting period:** $344,154.61

**Brokers Record: 2**

- **i. Full name of broker:** J.P. Morgan Securities (Asia Pacific) Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 871JPXVZ0Z8I863B6V34

- **vii. Gross commissions paid by the Fund for the reporting period:** $474,435.91

**Brokers Record: 3**

- **i. Full name of broker:** J.P. Morgan Securities LLC

- **ii. SEC file number:** 008-35008

- **iii. CRD number:** 000000079

- **iv. LEI, if any:** ZBUT11V806EZRVTWT807

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $947,165.27

**Brokers Record: 4**

- **i. Full name of broker:** J.P. Morgan Securities PLC

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** K6Q0W1PS1L1O4IQL9C32

- **vii. Gross commissions paid by the Fund for the reporting period:** $497,428.66

**Brokers Record: 5**

- **i. Full name of broker:** J.P. Morgan India Private Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 5493003NTMEZM4AYVW24

- **vii. Gross commissions paid by the Fund for the reporting period:** $220,939.26

**Brokers Record: 6**

- **i. Full name of broker:** BofA Securities, Inc.

- **ii. SEC file number:** 008-69787

- **iii. CRD number:** 000283942

- **iv. LEI, if any:** 549300HN4UKV1E2R3U73

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $258,814.50

**Brokers Record: 7**

- **i. Full name of broker:** Goldman Sachs International

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** W22LROWP2IHZNBB6K528

- **vii. Gross commissions paid by the Fund for the reporting period:** $328,173.33

**Brokers Record: 8**

- **i. Full name of broker:** Instinet Pacific Limited

- **ii. SEC file number:** N/A

- **iii. CRD number:** N/A

- **iv. LEI, if any:** 549300RI6VZUNIR81J81

- **vii. Gross commissions paid by the Fund for the reporting period:** $269,534.15

**Brokers Record: 9**

- **i. Full name of broker:** Morgan Stanley & Co. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,226,921.13

**Brokers Record: 10**

- **i. Full name of broker:** Merrill Lynch International

- **ii. SEC file number:** N/A

- **iii. CRD number:** 000162416

- **iv. LEI, if any:** GGDZP1UYGU9STUHRDP48

- **vii. Gross commissions paid by the Fund for the reporting period:** $2,346,770.82

**Aggregate Commission:** $8,690,257.89

**Item C.17.a. Principal transaction counterparties.**

| Name                             | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| Instinet Pacific Limited         | N/A               | N/A          | 549300RI6VZUNIR81J81 |  |  | $8.31                     |
| Morgan Stanley & Co. LLC         | 008-15869         | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $1.88                     |
| Vanguard Market Liquidity Fund   | N/A               | N/A          | 1I6HV0TLSTR3A4XQ6L78 | PA      | US        | $16,804,490,084.97        |
| Citibank, National Association   | N/A               | N/A          | E57ODZWZ7FF32TWEFA76 | NY      | US        | $1,895,434.21             |
| Goldman Sachs International      | N/A               | N/A          | W22LROWP2IHZNBB6K528 |  |  | $2,490,828.13             |
| BofA Securities, Inc.            | 008-69787         | 000283942    | 549300HN4UKV1E2R3U73 | NY      | US        | $5,300,267.95             |
| Merrill Lynch International      | N/A               | 000162416    | GGDZP1UYGU9STUHRDP48 |  |  | $6,623.11                 |
| Citigroup Global Markets Limited | N/A               | N/A          | XKZZ2JZF41MRHTR1V493 |  |  | $1,138,571.47             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $16,815,321,820.03

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $100,352,101,188.04

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $4,385,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** HSBC Bank USA, N.A.

  - **Line Institutions Record: 2 Name of institution:** JPMorgan Chase Bank, N.A.

  - **Line Institutions Record: 3 Name of institution:** Banco Bilbao Vizcaya Argentaria, S.A. New York Branch

  - **Line Institutions Record: 4 Name of institution:** The Bank of New York Mellon

  - **Line Institutions Record: 5 Name of institution:** Morgan Stanley Bank, N.A.

  - **Line Institutions Record: 6 Name of institution:** Wells Fargo Bank, National Association

  - **Line Institutions Record: 7 Name of institution:** Bank of Montreal, Chicago Branch

  - **Line Institutions Record: 8 Name of institution:** Barclays Bank plc

  - **Line Institutions Record: 9 Name of institution:** PNC Bank, National Association

  - **Line Institutions Record: 10 Name of institution:** BNP Paribas

  - **Line Institutions Record: 11 Name of institution:** Bank of America N.A.

  - **Line Institutions Record: 12 Name of institution:** The Northern Trust Company

  - **Line Institutions Record: 13 Name of institution:** The Toronto-Dominion Bank, New York Branch

  - **Line Institutions Record: 14 Name of institution:** Royal Bank of Canada

  - **Line Institutions Record: 15 Name of institution:** Credit Suisse AG, New York Branch

  - **Line Institutions Record: 16 Name of institution:** Brown Brothers Harriman & Co.

  - **Line Institutions Record: 17 Name of institution:** Societe Generale

  - **Line Institutions Record: 18 Name of institution:** State Street Bank and Trust Company

  - **Line Institutions Record: 19 Name of institution:** The Bank of Nova Scotia, Houston Branch

  - **Line Institutions Record: 20 Name of institution:** Canadian Imperial Bank of Commerce, New York Branch

  - **Line Institutions Record: 21 Name of institution:** Goldman Sachs Bank USA

  - **Line Institutions Record: 22 Name of institution:** Citibank, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                  | SEC File number   |
|:---|:---|
| Vanguard Short-Term Bond Index Fund                           | 811-04681         |
| Vanguard Ultra-Short-Term Bond Fund                           | 811-02368         |
| Vanguard Core Bond Fund                                       | 811-05628         |
| Vanguard Real Estate Index Fund                               | 811-03916         |
| Vanguard Global Equity Fund                                   | 811-07239         |
| Vanguard LifeStrategy Conservative Growth Fund                | 811-03919         |
| Vanguard Mega Cap Value Index Fund                            | 811-01027         |
| Vanguard U.S. Quality Factor ETF                              | 811-00121         |
| Vanguard Mega Cap Index Fund                                  | 811-01027         |
| Vanguard Mid-Cap Index Portfolio                              | 811-05962         |
| Vanguard High-Yield Tax-Exempt Fund                           | 811-02687         |
| Vanguard Target Retirement 2040 Fund                          | 811-04098         |
| Vanguard Short-Term Federal Fund                              | 811-02368         |
| Vanguard Small-Cap Index Fund                                 | 811-02652         |
| Vanguard Large-Cap Index Fund                                 | 811-02652         |
| Vanguard Real Estate II Index Fund                            | 811-02368         |
| Vanguard Market Liquidity Fund                                | 811-21478         |
| Vanguard Global Minimum Volatility Fund                       | 811-07443         |
| Vanguard Strategic Equity Fund                                | 811-07239         |
| Vanguard Emerging Markets Government Bond Index Fund          | 811-07443         |
| Vanguard Target Retirement 2045 Fund                          | 811-04098         |
| Vanguard Equity Index Portfolio                               | 811-05962         |
| Vanguard Tax-Exempt Bond Index Fund                           | 811-02687         |
| Vanguard Russell 2000 Value Index Fund                        | 811-07803         |
| Vanguard New York Long-Term Tax-Exempt Fund                   | 811-04570         |
| Vanguard Managed Allocation Fund                              | 811-58431         |
| Vanguard Russell 2000 Index Fund                              | 811-07803         |
| Vanguard Institutional Index Fund                             | 811-06093         |
| Vanguard Growth Index Fund                                    | 811-02652         |
| Vanguard Global ex-U.S. Real Estate Index Fund                | 811-05972         |
| Vanguard European Stock Index Fund                            | 811-05972         |
| Vanguard Long-Term Treasury Index Fund                        | 811-07803         |
| Vanguard Long-Term Bond Index Fund                            | 811-04681         |
| Vanguard U.S. Value Factor ETF                                | 811-00121         |
| Vanguard Intermediate-Term Tax-Exempt Fund                    | 811-02687         |
| Vanguard International High Dividend Yield Index Fund         | 811-07443         |
| Vanguard U.S. Minimum Volatility ETF                          | 811-00121         |
| Vanguard Total Stock Market Index Fund                        | 811-02652         |
| Vanguard Communication Services Index Fund                    | 811-01027         |
| Vanguard Short-Term Treasury Index Fund                       | 811-07803         |
| Vanguard Total Bond Market Index Fund                         | 811-04681         |
| Vanguard Target Retirement 2055 Fund                          | 811-04098         |
| Vanguard Explorer Fund                                        | 811-01530         |
| Vanguard High Dividend Yield Index Fund                       | 811-07443         |
| Vanguard Target Retirement 2025 Fund                          | 811-04098         |
| Vanguard GNMA Fund                                            | 811-02368         |
| Vanguard Equity Income Portfolio                              | 811-05962         |
| Vanguard Energy Index Fund                                    | 811-01027         |
| Vanguard Target Retirement 2065 Fund                          | 811-04098         |
| Vanguard Mid-Cap Growth Fund                                  | 811-07443         |
| Vanguard Long-Term Investment-Grade Fund                      | 811-02368         |
| Vanguard Emerging Markets Select Stock Fund                   | 811-02968-99      |
| Vanguard Global Bond Index Portfolio                          | 811-05962         |
| Vanguard Wellington Fund                                      | 811-00121         |
| Vanguard STAR Fund                                            | 811-03919         |
| Vanguard Moderate Allocation Portfolio                        | 811-05962         |
| Vanguard Core-Plus Bond Fund                                  | 811-05628         |
| Vanguard S&P Mid-Cap 400 Growth Index Fund                    | 811-07043         |
| Vanguard California Municipal Money Market Fund               | 811-04474         |
| Vanguard California Long-Term Tax-Exempt Fund                 | 811-04474         |
| Vanguard Short-Term Treasury Fund                             | 811-02368         |
| Vanguard Russell 1000 Value Index Fund                        | 811-07803         |
| Vanguard Alternative Strategies Fund                          | 811-02968-99      |
| Vanguard Long-Term Tax-Exempt Fund                            | 811-02687         |
| Vanguard U.S. Growth Fund                                     | 811-01027         |
| Vanguard Long-Term Treasury Fund                              | 811-02368         |
| Vanguard ESG International Stock ETF                          | 811-01027         |
| Vanguard Target Retirement Income Fund                        | 811-04098         |
| Vanguard Institutional Total Stock Market Index Fund          | 811-06093         |
| Vanguard Explorer Value Fund                                  | 811-07803         |
| Vanguard Pennsylvania Long-Term Tax-Exempt Fund               | 811-04571         |
| Vanguard PRIMECAP Core Fund                                   | 811-05445         |
| Vanguard Short-Term Tax-Exempt Fund                           | 811-02687         |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 811-05628         |
| Vanguard S&P Mid-Cap 400 Value Index Fund                     | 811-07043         |
| Vanguard U.S. Momentum Factor ETF                             | 811-00121         |
| Vanguard S&P 500 Growth Index Fund                            | 811-07043         |
| Vanguard California Intermediate-Term Tax-Exempt Fund         | 811-04474         |
| Vanguard High-Yield Bond Portfolio                            | 811-05962         |
| Vanguard U.S. Multifactor Fund                                | 811-00121         |
| Vanguard Extended Duration Treasury Index Fund                | 811-01027         |
| Vanguard Federal Money Market Fund                            | 811-02554         |
| Vanguard International Value Fund                             | 811-02968-99      |
| Vanguard S&P Small-Cap 600 Growth Index Fund                  | 811-07043         |
| Vanguard U.S. Liquidity Factor ETF                            | 811-00121         |
| Vanguard Capital Growth Portfolio                             | 811-05962         |
| Vanguard Energy Fund                                          | 811-03916         |
| Vanguard Target Retirement 2035 Fund                          | 811-04098         |
| Vanguard FTSE All-World ex-US Index Fund                      | 811-05972         |
| Vanguard Real Estate Index Portfolio                          | 811-05962         |
| Vanguard Tax-Managed Capital Appreciation Fund                | 811-07175         |
| Vanguard Money Market Portfolio                               | 811-05962         |
| Vanguard Tax-Managed Small-Cap Fund                           | 811-07175         |
| Vanguard LifeStrategy Growth Fund                             | 811-03919         |
| Vanguard Long-Term Corporate Bond Index Fund                  | 811-07803         |
| Vanguard Capital Opportunity Fund                             | 811-07239         |
| Vanguard Total World Bond ETF                                 | 811-07803         |
| Vanguard Target Retirement 2020 Fund                          | 811-04098         |
| Vanguard 500 Index Fund                                       | 811-02652         |
| Vanguard Advice Select Global Value Fund                      | 811-07443         |
| Vanguard Intermediate-Term Treasury Index Fund                | 811-07803         |
| Vanguard S&P Small-Cap 600 Value Index Fund                   | 811-07043         |
| Vanguard Consumer Staples Index Fund                          | 811-01027         |
| Vanguard Intermediate-Term Corporate Bond Index Fund          | 811-07803         |
| Vanguard Russell 3000 Index Fund                              | 811-07803         |
| Vanguard Dividend Appreciation Index Fund                     | 811-03916         |
| Vanguard Information Technology Index Fund                    | 811-01027         |
| Vanguard Industrials Index Fund                               | 811-01027         |
| Vanguard Short-Term Investment-Grade Fund                     | 811-02368         |
| Vanguard Short-Term Investment-Grade Portfolio                | 811-05962         |
| Vanguard Health Care Index Fund                               | 811-01027         |
| Vanguard Ohio Long-Term Tax-Exempt Fund                       | 811-06083         |
| Vanguard Diversified Value Portfolio                          | 811-05962         |
| Vanguard New York Municipal Money Market Fund                 | 811-04570         |
| Vanguard S&P Small-Cap 600 Index Fund                         | 811-07043         |
| Vanguard Strategic Small-Cap Equity Fund                      | 811-07239         |
| Vanguard ESG U.S. Stock ETF                                   | 811-01027         |
| Vanguard Target Retirement 2050 Fund                          | 811-04098         |
| Vanguard Tax-Managed Balanced Fund                            | 811-07175         |
| Vanguard Windsor II Fund                                      | 811-00834         |
| Vanguard Total Bond Market Index Portfolio                    | 811-05962         |
| Vanguard Conservative Allocation Portfolio                    | 811-05962         |
| Vanguard Global Capital Cycles Fund                           | 811-03916         |
| Vanguard LifeStrategy Moderate Growth Fund                    | 811-03919         |
| Vanguard Consumer Discretionary Index Fund                    | 811-01027         |
| Vanguard Advice Select International Growth Fund              | 811-07443         |
| Vanguard Municipal Cash Management Fund                       | 811-21478         |
| Vanguard Wellesley Income Fund                                | 811-01766         |
| Vanguard Treasury Money Market Fund                           | 811-07043         |
| Vanguard Balanced Index Fund                                  | 811-58431         |
| Vanguard Growth and Income Fund                               | 811-04526         |
| Vanguard Target Retirement 2060 Fund                          | 811-04098         |
| Vanguard Total Stock Market Index Portfolio                   | 811-05962         |
| Vanguard Mega Cap Growth Index Fund                           | 811-01027         |
| Vanguard Mid-Cap Index Fund                                   | 811-02652         |
| Vanguard U.S. Multifactor ETF                                 | 811-00121         |
| Vanguard Russell 1000 Growth Index Fund                       | 811-07803         |
| Vanguard ESG U.S. Corporate Bond ETF                          | 811-01027         |
| Vanguard International Dividend Appreciation Index Fund       | 811-07443         |
| Vanguard Selected Value Fund                                  | 811-07443         |
| Vanguard Small-Cap Growth Index Fund                          | 811-02652         |
| Vanguard Total Corporate Bond ETF                             | 811-07803         |
| Vanguard Limited-Term Tax-Exempt Fund                         | 811-02687         |
| Vanguard International Core Stock Fund                        | 811-07239         |
| Vanguard Emerging Markets Bond Fund                           | 811-05628         |
| Vanguard Balanced Portfolio                                   | 811-05962         |
| Vanguard Intermediate-Term Investment-Grade Fund              | 811-02368         |
| Vanguard Inflation-Protected Securities Fund                  | 811-04681         |
| Vanguard Small Company Growth Portfolio                       | 811-05962         |
| Vanguard Mid-Cap Value Index Fund                             | 811-02652         |
| Vanguard PRIMECAP Fund                                        | 811-04098         |
| Vanguard New Jersey Long-Term Tax-Exempt Fund                 | 811-05340         |
| Vanguard Total International Bond Index Fund                  | 811-22619         |
| Vanguard Market Neutral Fund                                  | 811-22114         |
| Vanguard Utilities Index Fund                                 | 811-01027         |
| Vanguard Multi-Sector Income Bond Fund                        | 811-05628         |
| Vanguard S&P 500 Value Index Fund                             | 811-07043         |
| Vanguard Short-Term Corporate Bond Index Fund                 | 811-07803         |
| Vanguard Total International Stock Market Index Portfolio     | 811-05962         |
| Vanguard Total International Bond II Index Fund               | 811-22619         |
| Vanguard Municipal Money Market Fund                          | 811-02687         |
| Vanguard Mid-Cap Growth Index Fund                            | 811-02652         |
| Vanguard High-Yield Corporate Fund                            | 811-02368         |
| Vanguard Growth Portfolio                                     | 811-05962         |
| Vanguard Institutional Intermediate-Term Bond Fund            | 811-05628         |
| Vanguard Diversified Equity Fund                              | 811-02968-99      |
| Vanguard International Portfolio                              | 811-05962         |
| Vanguard Commodity Strategy Fund                              | 811-02968-99      |
| Vanguard Russell 2000 Growth Index Fund                       | 811-07803         |
| Vanguard Global Wellesley Income Fund                         | 811-01027         |
| Vanguard FTSE Social Index Fund                               | 811-01027         |
| Vanguard Pacific Stock Index Fund                             | 811-05972         |
| Vanguard Global Credit Bond Fund                              | 811-22619         |
| Vanguard Advice Select Dividend Growth Fund                   | 811-07443         |
| Vanguard Value Index Fund                                     | 811-02652         |
| Vanguard Intermediate-Term Bond Index Fund                    | 811-04681         |
| Vanguard Windsor Fund                                         | 811-00834         |
| Vanguard Materials Index Fund                                 | 811-01027         |
| Vanguard Health Care Fund                                     | 811-03916         |
| Vanguard Total International Stock Index Fund                 | 811-03919         |
| Vanguard Equity Income Fund                                   | 811-05445         |
| Vanguard Institutional Short-Term Bond Fund                   | 811-05628         |
| Vanguard Target Retirement 2030 Fund                          | 811-04098         |
| Vanguard Financials Index Fund                                | 811-01027         |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund            | 811-05972         |
| Vanguard Russell 1000 Index Fund                              | 811-07803         |
| Vanguard International Explorer Fund                          | 811-07443         |
| Vanguard Total World Stock Index Fund                         | 811-05972         |
| Vanguard S&P Mid-Cap 400 Index Fund                           | 811-07043         |
| Vanguard Dividend Growth Fund                                 | 811-03916         |
| Vanguard Global ESG Select Stock Fund                         | 811-03916         |
| Vanguard Developed Markets Index Fund                         | 811-07175         |
| Vanguard Massachusetts Tax-Exempt Fund                        | 811-09005         |
| Vanguard Mortgage-Backed Securities Index Fund                | 811-07803         |
| Vanguard LifeStrategy Income Fund                             | 811-03919         |
| Vanguard Small-Cap Value Index Fund                           | 811-02652         |
| Vanguard International Growth Fund                            | 811-01027         |
| Vanguard Cash Reserves Federal Money Market Fund              | 811-02554         |
| Vanguard Intermediate-Term Treasury Fund                      | 811-02368         |
| Vanguard Global Wellington Fund                               | 811-01027         |
| Vanguard Total Bond Market II Index Fund                      | 811-04681         |
| Vanguard Ultra-Short Bond ETF                                 | 811-04681         |
| Vanguard Extended Market Index Fund                           | 811-02652         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

## Part E: Additional Questions for ETFs and ETMFs

### VANGUARD TOTAL WORLD STOCK INDEX FUND

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** VT

**Item E.2 - Authorized Participants**

| Name                            | Purchase Value    | Redeem Value   |
|:---|:---|:---|
| Jefferies Co                    | $0.00             | $0.00          |
| UBS                             | $296,164,221.72   | $0.00          |
| CitiGroup                       | $0.00             | $0.00          |
| Nomura                          | $0.00             | $0.00          |
| Mizuho Securities USA           | $0.00             | $0.00          |
| Virtu Financial                 | $0.00             | $0.00          |
| ABN AMRO Clearing               | $0.00             | $0.00          |
| Cantor Fitzgerald Co            | $0.00             | $0.00          |
| BNP Paribas Prime Brokerage Inc | $0.00             | $0.00          |
| Virtu Americas LLC              | $0.00             | $0.00          |
| Barclays Capital                | $0.00             | $0.00          |
| Deutsche Bank                   | $0.00             | $0.00          |
| SG Americas                     | $0.00             | $0.00          |
| BNY Mellon Capital Markets      | $0.00             | $0.00          |
| Wells Fargo                     | $0.00             | $0.00          |
| Citadel Securities              | $0.00             | $0.00          |
| Credit Suisse                   | $416,701,879.74   | $0.00          |
| Wedbush                         | $0.00             | $0.00          |
| JP Morgan                       | $772,335,869.61   | $0.00          |
| Merrill Lynch Pro               | $0.00             | $0.00          |
| RBC                             | $0.00             | $0.00          |
| Morgan Stanley                  | $0.00             | $0.00          |
| Cowen and Company LLC           | $0.00             | $0.00          |
| BMO Capital Markets             | $0.00             | $0.00          |
| Merrill Lynch                   | $1,606,816,000.00 | $0.00          |
| Hudson River Trading            | $0.00             | $0.00          |
| Goldman Sachs                   | $0.00             | $0.00          |
| Jane Street                     | $0.00             | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 200,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.10%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.05%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### VANGUARD FTSE ALL-WORLD EX-US INDEX FUND

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** VEU

**Item E.2 - Authorized Participants**

| Name                            | Purchase Value    | Redeem Value   |
|:---|:---|:---|
| Cantor Fitzgerald Co            | $0.00             | $0.00          |
| Deutsche Bank                   | $0.00             | $0.00          |
| UBS                             | $0.00             | $0.00          |
| CitiGroup                       | $0.00             | $0.00          |
| Wells Fargo                     | $0.00             | $0.00          |
| EWT LLC                         | $0.00             | $0.00          |
| State Street Global Mkts        | $0.00             | $0.00          |
| JP Morgan                       | $725,325,052.82   | $0.00          |
| BNY Mellon Capital Markets      | $0.00             | $0.00          |
| Credit Suisse                   | $2,330,057,036.42 | $32,285,977.21 |
| Hudson River Trading            | $0.00             | $0.00          |
| Virtu Financial                 | $0.00             | $0.00          |
| Interactive Brokers             | $0.00             | $0.00          |
| Nomura                          | $0.00             | $0.00          |
| Merrill Lynch                   | $562,149,487.74   | $0.00          |
| SG Americas                     | $0.00             | $0.00          |
| Merrill Lynch Pro               | $332,256,000.00   | $0.00          |
| RBC                             | $0.00             | $0.00          |
| Mizuho Securities USA           | $0.00             | $0.00          |
| Barclays Capital                | $0.00             | $0.00          |
| Cowen and Company LLC           | $0.00             | $0.00          |
| BMO Capital Markets             | $0.00             | $0.00          |
| ABN AMRO Clearing               | $0.00             | $0.00          |
| BNP Paribas Prime Brokerage Inc | $0.00             | $0.00          |
| HSBC Securities                 | $0.00             | $0.00          |
| Morgan Stanley                  | $0.00             | $0.00          |
| Jefferies Co                    | $0.00             | $0.00          |
| Jane Street                     | $0.00             | $0.00          |
| Wedbush                         | $0.00             | $0.00          |
| Citadel Securities              | $0.00             | $0.00          |
| Virtu Americas LLC              | $0.00             | $0.00          |
| Timber Hill                     | $0.00             | $0.00          |
| Goldman Sachs                   | $30,120,271.65    | $0.00          |
| BNP Paribas                     | $0.00             | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 300,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.38%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.19%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.01%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### VANGUARD PACIFIC STOCK INDEX FUND

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** VPL

**Item E.2 - Authorized Participants**

| Name                            | Purchase Value   | Redeem Value    |
|:---|:---|:---|
| Merrill Lynch                   | $444,665,950.74  | $78,590,002.01  |
| ABN AMRO Clearing               | $0.00            | $0.00           |
| Hudson River Trading            | $0.00            | $0.00           |
| HSBC Securities                 | $0.00            | $0.00           |
| Citadel Securities              | $0.00            | $0.00           |
| Timber Hill                     | $0.00            | $0.00           |
| Cowen and Company LLC           | $0.00            | $0.00           |
| Mizuho Securities USA           | $0.00            | $0.00           |
| Interactive Brokers             | $0.00            | $0.00           |
| Credit Suisse                   | $522,834,014.26  | $106,751,074.44 |
| Wells Fargo                     | $0.00            | $0.00           |
| BNP Paribas                     | $0.00            | $0.00           |
| Virtu Americas LLC              | $0.00            | $0.00           |
| Cantor Fitzgerald Co            | $0.00            | $0.00           |
| Nomura                          | $0.00            | $0.00           |
| BNY Mellon Capital Markets      | $0.00            | $0.00           |
| Jane Street                     | $614,082,220.82  | $0.00           |
| UBS                             | $25,556,074.96   | $0.00           |
| JP Morgan                       | $26,832,000.00   | $0.00           |
| Virtu Financial                 | $0.00            | $0.00           |
| Deutsche Bank                   | $0.00            | $0.00           |
| BNP Paribas Prime Brokerage Inc | $0.00            | $0.00           |
| Goldman Sachs                   | $0.00            | $0.00           |
| Merrill Lynch Pro               | $73,286,000.00   | $0.00           |
| State Street Global Mkts        | $0.00            | $0.00           |
| Jefferies Co                    | $0.00            | $0.00           |
| RBC                             | $0.00            | $0.00           |
| Wedbush                         | $0.00            | $0.00           |
| SG Americas                     | $0.00            | $0.00           |
| Barclays Capital                | $0.00            | $0.00           |
| CitiGroup                       | $0.00            | $0.00           |
| EWT LLC                         | $0.00            | $0.00           |
| BMO Capital Markets             | $0.00            | $0.00           |
| Morgan Stanley                  | $0.00            | $0.00           |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.35%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.13%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.63%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** VSS

**Item E.2 - Authorized Participants**

| Name                            | Purchase Value   | Redeem Value    |
|:---|:---|:---|
| Citadel Securities              | $0.00            | $0.00           |
| Jefferies Co                    | $0.00            | $0.00           |
| RBC                             | $0.00            | $0.00           |
| Barclays Capital                | $0.00            | $0.00           |
| Mizuho Securities USA           | $0.00            | $0.00           |
| Timber Hill                     | $0.00            | $0.00           |
| State Street Global Mkts        | $0.00            | $0.00           |
| Interactive Brokers             | $0.00            | $0.00           |
| Virtu Americas LLC              | $0.00            | $0.00           |
| HSBC Securities                 | $0.00            | $0.00           |
| Cowen and Company LLC           | $0.00            | $0.00           |
| Merrill Lynch Pro               | $13,196,000.00   | $0.00           |
| Jane Street                     | $0.00            | $0.00           |
| Wedbush                         | $0.00            | $0.00           |
| JP Morgan                       | $155,409,217.86  | $0.00           |
| CitiGroup                       | $0.00            | $0.00           |
| BNY Mellon Capital Markets      | $0.00            | $0.00           |
| Credit Suisse                   | $146,280,749.63  | $97,846,565.66  |
| Cantor Fitzgerald Co            | $0.00            | $0.00           |
| Hudson River Trading            | $0.00            | $0.00           |
| BNP Paribas Prime Brokerage Inc | $0.00            | $0.00           |
| Virtu Financial                 | $0.00            | $0.00           |
| Morgan Stanley                  | $0.00            | $0.00           |
| Goldman Sachs                   | $0.00            | $140,323,528.13 |
| Deutsche Bank                   | $0.00            | $0.00           |
| ABN AMRO Clearing               | $0.00            | $0.00           |
| EWT LLC                         | $0.00            | $0.00           |
| UBS                             | $21,271,714.67   | $134,466,924.84 |
| Nomura                          | $0.00            | $0.00           |
| BNP Paribas                     | $0.00            | $0.00           |
| Wells Fargo                     | $0.00            | $0.00           |
| Merrill Lynch                   | $328,607,383.29  | $351,562,503.65 |
| SG Americas                     | $0.00            | $0.00           |
| BMO Capital Markets             | $0.00            | $0.00           |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.34%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.21%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.78%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### VANGUARD GLOBAL EX-U.S. REAL ESTATE INDEX FUND

**Item E.1 - Exchange**

- **Exchange:** XNAS

- **Ticker:** VNQI

**Item E.2 - Authorized Participants**

| Name                            | Purchase Value   | Redeem Value   |
|:---|:---|:---|
| Virtu Financial                 | $0.00            | $0.00          |
| Cantor Fitzgerald Co            | $0.00            | $0.00          |
| Hudson River Trading            | $0.00            | $0.00          |
| Merrill Lynch                   | $66,893,030.28   | $62,837,027.33 |
| SG Americas                     | $0.00            | $0.00          |
| Cowen and Company LLC           | $0.00            | $0.00          |
| BNY Mellon Capital Markets      | $0.00            | $0.00          |
| Morgan Stanley                  | $0.00            | $0.00          |
| Nomura                          | $0.00            | $0.00          |
| Merrill Lynch Pro               | $0.00            | $0.00          |
| BNP Paribas Prime Brokerage Inc | $0.00            | $0.00          |
| Deutsche Bank                   | $0.00            | $0.00          |
| UBS                             | $15,968,372.07   | $21,997,797.40 |
| BMO Capital Markets             | $0.00            | $0.00          |
| Wedbush                         | $0.00            | $0.00          |
| Citadel Securities              | $0.00            | $0.00          |
| Wells Fargo                     | $0.00            | $0.00          |
| Barclays Capital                | $0.00            | $0.00          |
| Virtu Americas LLC              | $0.00            | $0.00          |
| RBC                             | $0.00            | $0.00          |
| JP Morgan                       | $76,222,570.55   | $18,370,898.71 |
| Jane Street                     | $0.00            | $0.00          |
| ABN AMRO Clearing               | $0.00            | $0.00          |
| Goldman Sachs                   | $0.00            | $0.00          |
| Credit Suisse                   | $21,114,985.56   | $7,715,645.68  |
| Mizuho Securities USA           | $0.00            | $0.00          |
| Jefferies Co                    | $0.00            | $0.00          |
| CitiGroup                       | $0.00            | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.09%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.10%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.51%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### VANGUARD EUROPEAN STOCK INDEX FUND

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** VGK

**Item E.2 - Authorized Participants**

| Name                            | Purchase Value    | Redeem Value      |
|:---|:---|:---|
| BNY Mellon Capital Markets      | $0.00             | $0.00             |
| Virtu Financial                 | $0.00             | $0.00             |
| BNP Paribas Prime Brokerage Inc | $0.00             | $0.00             |
| Credit Suisse                   | $86,904,000.00    | $299,660,439.87   |
| ABN AMRO Clearing               | $0.00             | $0.00             |
| Citadel Securities              | $0.00             | $0.00             |
| Merrill Lynch Pro               | $0.00             | $0.00             |
| Deutsche Bank                   | $0.00             | $0.00             |
| Wedbush                         | $0.00             | $0.00             |
| Nomura                          | $0.00             | $0.00             |
| EWT LLC                         | $0.00             | $0.00             |
| Hudson River Trading            | $0.00             | $0.00             |
| Jefferies Co                    | $0.00             | $0.00             |
| Jane Street                     | $0.00             | $362,392,850.88   |
| SG Americas                     | $0.00             | $0.00             |
| Barclays Capital                | $0.00             | $0.00             |
| BMO Capital Markets             | $0.00             | $0.00             |
| Cowen and Company LLC           | $0.00             | $0.00             |
| Timber Hill                     | $0.00             | $0.00             |
| BNP Paribas                     | $0.00             | $0.00             |
| Cantor Fitzgerald Co            | $0.00             | $0.00             |
| JP Morgan                       | $202,504,350.00   | $455,561,792.75   |
| Interactive Brokers             | $0.00             | $0.00             |
| HSBC Securities                 | $0.00             | $0.00             |
| UBS                             | $50,565,269.94    | $1,143,419,113.06 |
| Goldman Sachs                   | $0.00             | $47,242,876.95    |
| Wells Fargo                     | $0.00             | $0.00             |
| CitiGroup                       | $0.00             | $0.00             |
| Virtu Americas LLC              | $0.00             | $0.00             |
| Morgan Stanley                  | $54,687,002.25    | $59,372,900.24    |
| RBC                             | $0.00             | $0.00             |
| Merrill Lynch                   | $1,106,336,000.00 | $1,856,877,963.35 |
| Mizuho Securities USA           | $0.00             | $0.00             |
| State Street Global Mkts        | $0.00             | $0.00             |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 100,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.24%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.04%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

### VANGUARD EMERGING MARKETS STOCK INDEX FUND

**Item E.1 - Exchange**

- **Exchange:** ARCX

- **Ticker:** VWO

**Item E.2 - Authorized Participants**

| Name                            | Purchase Value    | Redeem Value   |
|:---|:---|:---|
| ABN AMRO Clearing               | $0.00             | $0.00          |
| BNP Paribas Prime Brokerage Inc | $0.00             | $0.00          |
| Jane Street                     | $0.00             | $0.00          |
| Interactive Brokers             | $0.00             | $0.00          |
| Nomura                          | $0.00             | $0.00          |
| Bank of America                 | $0.00             | $0.00          |
| Merrill Lynch                   | $4,124,923,055.68 | $0.00          |
| BNY Mellon Capital Markets      | $0.00             | $0.00          |
| EWT LLC                         | $0.00             | $0.00          |
| Cowen and Company LLC           | $0.00             | $0.00          |
| National Financial Services     | $0.00             | $0.00          |
| Mizuho Securities USA           | $0.00             | $0.00          |
| Deutsche Bank                   | $0.00             | $0.00          |
| SG Americas                     | $0.00             | $0.00          |
| Barclays Capital                | $0.00             | $0.00          |
| CitiGroup                       | $0.00             | $0.00          |
| Jefferies Co                    | $0.00             | $0.00          |
| Cantor Fitzgerald Co            | $0.00             | $0.00          |
| HSBC Securities                 | $0.00             | $0.00          |
| State Street Global Mkts        | $0.00             | $0.00          |
| Citadel Securities              | $0.00             | $0.00          |
| Credit Suisse                   | $302,259,014.01   | $0.00          |
| Virtu Financial                 | $0.00             | $0.00          |
| JP Morgan                       | $1,098,869,795.26 | $0.00          |
| Virtu Americas LLC              | $0.00             | $0.00          |
| Timber Hill                     | $0.00             | $0.00          |
| Goldman Sachs                   | $0.00             | $0.00          |
| Wedbush                         | $0.00             | $0.00          |
| Merrill Lynch Pro               | $0.00             | $0.00          |
| Wells Fargo                     | $0.00             | $0.00          |
| Hudson River Trading            | $0.00             | $0.00          |
| UBS                             | $893,721,049.93   | $0.00          |
| BNP Paribas                     | $0.00             | $0.00          |
| Morgan Stanley                  | $0.00             | $0.00          |
| RBC                             | $0.00             | $0.00          |
| BMO Capital Markets             | $0.00             | $0.00          |

**Item E.3 - Creation Units**

- **a. Number of Fund shares required to form a creation unit:** 200,000.00

- **b.i. Average percentage of value composed of cash (purchased):** 0.69%

- **c.i. Average percentage of value composed of cash (redeemed):** 0.00%

- **d.i.2. Average transaction fee (dollars for one or more units, purchased):** $0.00

- **d.i.3. Average transaction fee (percentage of value, purchased):** 0.94%

- **Item E.5 - Is the Fund an 'In-Kind Exchange-Traded Fund'?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** VANGUARD INTERNATIONAL EQUITY INDEX FUNDS

**Date:** 2023-01-11

**Signature:** Ashley Grim

**Title:** Treasurer