# EDGAR Filing Document

**Accession Number:** 0001021882
**File Stem:** 0001683863-25-005508
**Filing Date:** 2025-7
**Character Count:** 4729
**Document Hash:** c1d73bb0a49a593540fb457132952c1d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683863-25-005508.hdr.sgml**: 20250701

**ACCESSION NUMBER**: 0001683863-25-005508

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250701

**DATE AS OF CHANGE**: 20250701

**EFFECTIVENESS DATE**: 20250701

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VANGUARD SCOTTSDALE FUNDS
- **CENTRAL INDEX KEY:** 0001021882

**ORGANIZATION NAME:**
- **EIN:** 232439140
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-11763
- **FILM NUMBER:** 251094291

**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 TREASURY FUND
- **DATE OF NAME CHANGE:** 19960829

## Series and Classes Contracts Data

### Vanguard Explorer Value Fund (Series ID: S000028087)

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|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | VEVFX         | C000085513 |

---

## Series and Classes Contracts Data

### Vanguard Explorer Value Fund (Series ID: S000028087)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000085513 | Investor Shares | VEVFX           |

![](g733doamgio4pxrdfb04z.jpg)

Vanguard Explorer Value**™** Fund

**Supplement Dated July 1, 2025, to the Prospectus and Summary Prospectus Dated December 20, 2024**

**Important Changes to Vanguard Explorer Value Fund (the Fund)**

Effective today, Emmanuel Franjul replaces William A. Teichner as a co-portfolio manager of the Frontier Capital Management Co., LLC (Frontier Capital) portion of the Fund. Mr. Franjul joins Rushan Jiang, who will continue to serve as a co-portfolio manager of the Frontier Capital portion of the Fund.

The Fund's investment objective, strategies, and policies remain unchanged.

**Prospectus Text Changes**

The following replaces William A. Teichner under the heading "Investment Advisors" in the **Fund Summary** section:

Emmanuel Franjul, Partner and Portfolio Manager of Frontier Capital. He has co-managed a portion of the Fund since July 2025.

The following replaces William A. Teichner under the heading "Investment Advisors" in the **More on the Fund** section:

**Emmanuel Franjul**, Partner and Portfolio Manager of Frontier Capital. He has worked in investment management since joining Frontier Capital in 2011, has managed investment portfolios since 2024, and has co-managed a portion of the Fund since July 2025. Education: B.S. and M.B.A., Cornell University.© 2025 The Vanguard Group, Inc. All rights reserved. PS 1690B 072025 <br> Vanguard Marketing Corporation, Distributor.

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![](g3epyk9gygablzpwnc327.jpg)

**Vanguard Scottsdale Funds**

**Supplement Dated July 1, 2025, to the Statement of Additional Information Dated March 4, 2025**

**Important Changes to Vanguard Explorer Value™ Fund (the Fund)**

Effective today, Emmanuel Franjul replaces William A. Teichner as a co-portfolio manager of the Frontier Capital Management Co., LLC (Frontier Capital) portion of the Fund. Mr. Franjul joins Rushan Jiang, who will continue to serve as a co-portfolio manager of the Frontier Capital portion of the Fund.

The Fund's investment objective, strategies, and policies remain unchanged.

**Statement of Additional Information Text Changes**

In the **Investment Advisory and Other Services** section, the following text and table replace the information for Mr. Teichner under the subheading "**1. Other Accounts Managed**" on page B-70:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| <br>**Portfolio Manager** |  | <br>**No. of**<br>**accounts** | <br>**Total assets** | <br>**No. of accounts with**<br>**performance-based**<br>**fees** | **Total assets in**<br>**accounts with**<br>**performance-based**<br>**fees** |
| Emmanuel Franjul<sup>1</sup> | Registered investment companies | 0 | $0 | 0 | $0 |
|  | Other pooled investment vehicles | 2 | $147.2M | 0 | $0 |
|  | Other accounts | 21 | $1.9B | 0 | $0 |

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1 Information provided as of May 31, 2025.

Within the same section, the following text replaces the information for Mr. Teichner under the subheading "**4. Ownership of Securities**" on page B-70:

As of May 31, 2025, Mr. Franjul did not own any shares of the Fund.

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| | |
|:---|:---|
|© 2025 The Vanguard Group, Inc. All rights reserved. | **SAI 1690B 072025** |
| Vanguard Marketing Corporation, Distributor. | **SAI 1690B 072025** |

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