| |
Transaction
Fee on Purchases and Sales |
|
Transaction
Fee on Reinvested Dividends |
|
Transaction
Fee on Conversion to ETF Shares |
|
| |
Management
Fees |
|
12b-1
Distribution Fee |
|
Other
Expenses |
|
Total Annual
Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
Total
Return |
Quarter |
|
|
|
|
- |
|
|
1
Year |
5
Years |
10
Years |
Vanguard
European Stock Index Fund ETF Shares |
|
|
|
Based
on NAV |
|
|
|
Return Before
Taxes |
- |
|
|
Return After
Taxes on Distributions |
- |
|
|
Return After
Taxes on Distributions and Sale of Fund Shares |
- |
|
|
Based
on Market Price |
|
|
|
Return Before
Taxes |
- |
|
|
FTSE
Developed Europe All Cap Index
(reflects no
deduction for fees or expenses) |
- |
|
|
Spliced
European Stock Index
(reflects no
deduction for fees or expenses) |
- |
|
|
FTSE
Global All Cap ex US Index
(reflects no
deduction for fees or expenses) |
- |
|
|
| |
Transaction
Fee on Purchases and Sales |
|
Transaction
Fee on Reinvested Dividends |
|
Transaction
Fee on Conversion to ETF Shares |
|
| |
Management
Fees |
|
12b-1
Distribution Fee |
|
Other
Expenses |
|
Total Annual
Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
Total
Return |
Quarter |
|
|
|
|
- |
|
|
1
Year |
5
Years |
10
Years |
Vanguard
Pacific Stock Index Fund ETF Shares |
|
|
|
Based
on NAV |
|
|
|
Return Before
Taxes |
- |
|
|
Return After
Taxes on Distributions |
- |
- |
|
Return After
Taxes on Distributions and Sale of Fund Shares |
- |
|
|
Based
on Market Price |
|
|
|
Return Before
Taxes |
- |
|
|
FTSE
Developed Asia Pacific All Cap Index
(reflects no
deduction for fees or expenses) |
- |
|
|
Spliced
Pacific Stock Index
(reflects no
deduction for fees or expenses) |
- |
|
|
FTSE
Global All Cap ex US Index
(reflects no
deduction for fees or expenses) |
- |
|
|
| |
Transaction
Fee on Purchases and Sales |
|
Transaction
Fee on Reinvested Dividends |
|
Transaction
Fee on Conversion to ETF Shares |
|
| |
Management
Fees |
|
12b-1
Distribution Fee |
|
Other
Expenses |
|
Total Annual
Fund Operating Expenses |
|
1
Year |
3
Years |
5
Years |
10
Years |
$ |
$ |
$ |
$ |
|
Total
Return |
Quarter |
|
|
|
|
- |
|
|
1
Year |
5
Years |
10
Years |
Vanguard
Emerging Markets Stock Index Fund ETF Shares |
|
|
|
Based
on NAV |
|
|
|
Return Before
Taxes |
- |
- |
|
Return After
Taxes on Distributions |
- |
- |
|
Return After
Taxes on Distributions and Sale of Fund Shares |
- |
- |
|
Based
on Market Price |
|
|
|
Return Before
Taxes |
- |
- |
|
FTSE
Emerging Markets All Cap China A Inclusion Index
(reflects no
deduction for fees or expenses) |
- |
- |
|
Spliced
Emerging Markets Index
(reflects no
deduction for fees or expenses) |
- |
- |
|
FTSE
Global All Cap ex US Index
(reflects no
deduction for fees or expenses) |
- |
|
|
Vanguard
Fund |
Vanguard
ETF Shares |
Seeks
to Track |
Vanguard
European Stock Index Fund |
Vanguard
FTSE Europe ETF |
Developed
European
stock
markets |
Vanguard
Pacific Stock Index Fund |
Vanguard
FTSE Pacific ETF |
Developed
Australian and Far
East
stock markets |
Vanguard
Emerging Markets Stock
Index
Fund |
Vanguard
FTSE Emerging
Markets
ETF |
Emerging
stock markets
in
Europe, Asia, Africa, and
Latin
America |
Plain
Talk About Costs of Investing |
Costs
are an important consideration in choosing an ETF. That is because
you,
as a shareholder, pay a proportionate share of the costs of operating a
fund
and any transaction costs incurred when the fund buys or sells
securities.
These costs can erode a substantial portion of the gross income
or
the capital appreciation a fund achieves. Even seemingly small differences
in
expenses can, over time, have a dramatic effect on a fund’s
performance. |
Plain
Talk About International Investing |
U.S.
investors who invest in foreign securities will encounter risks not
typically
associated with U.S. companies because foreign stock and bond
markets
operate differently from the U.S. markets. For instance, foreign
companies
and governments may not be subject to the same or similar
auditing,
legal, tax, regulatory, financial reporting, accounting, and
recordkeeping
standards and practices as U.S. companies and the U.S.
government,
and their stocks and bonds may not be as liquid as those of
similar
U.S. entities. In addition, foreign stock exchanges, brokers,
companies,
bond markets, and dealers may be subject to less government
supervision
and regulation than their counterparts in the United States.
Further,
the imposition of economic or other sanctions on the United States
by a
foreign country, or on a foreign country or issuer by the United States,
could
impair a fund's ability to buy, sell, hold, receive, deliver, or otherwise
transact
in certain investment securities or obtain exposure to foreign
securities
and assets. These factors, among others, could negatively affect
the
returns U.S. investors receive from foreign
investments. |
Plain
Talk About Regional Versus Broad International
Investing |
Regional
funds are international funds that invest in a particular geographical
region,
such as Europe or the Pacific Basin. Because they concentrate their
holdings
in a single region, these funds typically have higher share price
volatility
than broadly diversified international stock funds (which, by
investing
in many different foreign markets, may offset losses from one
country
with gains from another at any given
time). |
Plain
Talk About Vanguard’s Unique Corporate Structure |
Vanguard
is owned jointly by the funds it oversees and thus indirectly by the
shareholders
in those funds. Most other mutual funds are operated by
management
companies that are owned by third parties—either public or
private
stockholders—and not by the funds they serve.
|
Plain
Talk About Distributions |
As
a shareholder, you are entitled to your portion of a fund’s income from
interest
and dividends as well as capital gains from the fund’s sale of
investments.
Income consists of both the dividends that the fund earns from
any
stock holdings and the interest it receives from any money market and
bond
investments. Capital gains are realized whenever the fund sells
securities
for higher prices than it paid for them. These capital gains are
either
short-term or long-term, depending on whether the fund held the
securities
for one year or less or for more than one
year. |
Vanguard
Fund |
Inception
Date |
Vanguard
Fund
Number |
CUSIP
Number |
Vanguard
European Stock Index Fund |
|
|
|
ETF
Shares |
3/4/2005
(Investor Shares
6/18/1990) |
963 |
922042874 |
Vanguard
Pacific Stock Index Fund |
|
|
|
ETF
Shares |
3/4/2005
(Investor Shares
6/18/1990) |
962 |
922042866 |
Vanguard
Emerging Markets Stock Index
Fund |
|
|
|
ETF
Shares |
3/4/2005
(Investor Shares
5/4/1994) |
964 |
922042858 |
|
Year Ended October
31, | ||||
For a
Share Outstanding Throughout Each Period |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Period |
$68.65 |
$49.57 |
$55.54 |
$51.84 |
$58.54 |
Investment
Operations |
|
|
|
|
|
Net
Investment Income1 |
1.977 |
1.922 |
1.247 |
1.854 |
1.912 |
Net
Realized and Unrealized Gain (Loss) on Investments |
(18.595) |
18.939 |
(5.990) |
3.744 |
(6.689) |
Total from
Investment Operations |
(16.618) |
20.861 |
(4.743) |
5.598 |
(4.777) |
Distributions |
|
|
|
|
|
Dividends
from Net Investment Income |
(2.082) |
(1.781) |
(1.227) |
(1.898) |
(1.923) |
Distributions
from Realized Capital Gains |
— |
— |
— |
— |
— |
Total
Distributions |
(2.082) |
(1.781) |
(1.227) |
(1.898) |
(1.923) |
Net
Asset Value, End of Period |
$49.95 |
$68.65 |
$49.57 |
$55.54 |
$51.84 |
Total
Return |
-24.54% |
42.34% |
-8.50% |
11.08% |
-8.44% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (Millions) |
$13,073 |
$21,547 |
$11,659 |
$13,067 |
$14,624 |
Ratio of
Total Expenses to Average Net Assets |
0.11%2 |
0.08% |
0.08% |
0.08% |
0.09% |
Ratio of
Net Investment Income to Average Net Assets |
3.33% |
2.95% |
2.38% |
3.50% |
3.28% |
Portfolio
Turnover Rate3 |
5% |
3% |
3% |
3% |
6% |
|
|
1 |
Calculated
based on average shares outstanding. |
2 |
The
ratio of expenses to average net assets for the period net of reduction
from custody fee offset arrangements
was
0.11%. |
3 |
Excludes
the value of portfolio securities received or delivered as a result of
in-kind purchases or redemptions of
the
fund’s capital shares, including ETF Creation
Units. |
|
Year Ended October
31, | ||||
For a
Share Outstanding Throughout Each Period |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Period |
$80.80 |
$67.11 |
$68.25 |
$64.24 |
$71.13 |
Investment
Operations |
|
|
|
|
|
Net
Investment Income1 |
2.158 |
1.993 |
1.577 |
1.823 |
1.895 |
Net
Realized and Unrealized Gain (Loss) on Investments |
(21.961) |
13.594 |
(1.091) |
4.071 |
(6.940) |
Total from
Investment Operations |
(19.803) |
15.587 |
.486 |
5.894 |
(5.045) |
Distributions |
|
|
|
|
|
Dividends
from Net Investment Income |
(2.217) |
(1.897) |
(1.626) |
(1.884) |
(1.845) |
Distributions
from Realized Capital Gains |
— |
— |
— |
— |
— |
Total
Distributions |
(2.217) |
(1.897) |
(1.626) |
(1.884) |
(1.845) |
Net
Asset Value, End of Period |
$58.78 |
$80.80 |
$67.11 |
$68.25 |
$64.24 |
Total
Return |
-24.99% |
23.27% |
0.68% |
9.53% |
-7.34% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (Millions) |
$5,276 |
$5,463 |
$3,630 |
$3,708 |
$3,927 |
Ratio of
Total Expenses to Average Net Assets |
0.08%2 |
0.08% |
0.08% |
0.08% |
0.09% |
Ratio of
Net Investment Income to Average Net Assets |
3.11% |
2.45% |
2.42% |
2.80% |
2.65% |
Portfolio
Turnover Rate3 |
6% |
5% |
4% |
4% |
4% |
|
|
1 |
Calculated
based on average shares outstanding. |
2 |
The
ratio of expenses to average net assets for the period net of reduction
from custody fee offset arrangements
was
0.08%. |
3 |
Excludes
the value of portfolio securities received or delivered as a result of
in-kind purchases or redemptions of
the
fund’s capital shares, including ETF Creation
Units. |
|
Year Ended October
31, | ||||
For a
Share Outstanding Throughout Each Period |
2022 |
2021 |
2020 |
2019 |
2018 |
Net
Asset Value, Beginning of Period |
$50.55 |
$43.98 |
$41.99 |
$37.91 |
$44.47 |
Investment
Operations |
|
|
|
|
|
Net
Investment Income1 |
1.410 |
1.186 |
.954 |
1.3932 |
1.126 |
Net
Realized and Unrealized Gain (Loss) on Investments |
(15.163) |
6.506 |
2.249 |
3.826 |
(6.636) |
Total from
Investment Operations |
(13.753) |
7.692 |
3.203 |
5.219 |
(5.510) |
Distributions |
|
|
|
|
|
Dividends
from Net Investment Income |
(1.447) |
(1.122) |
(1.213) |
(1.139) |
(1.050) |
Distributions
from Realized Capital Gains |
— |
— |
— |
— |
— |
Total
Distributions |
(1.447) |
(1.122) |
(1.213) |
(1.139) |
(1.050) |
Net
Asset Value, End of Period |
$35.35 |
$50.55 |
$43.98 |
$41.99 |
$37.91 |
Total
Return |
-27.68% |
17.51% |
7.77% |
13.95% |
-12.64% |
Ratios/Supplemental
Data |
|
|
|
|
|
Net
Assets, End of Period (Millions) |
$60,832 |
$80,116 |
$61,434 |
$63,089 |
$53,765 |
Ratio of
Total Expenses to Average Net Assets |
0.08%3 |
0.08% |
0.10% |
0.10% |
0.12% |
Ratio of
Net Investment Income to Average Net Assets |
3.19% |
2.29% |
2.31% |
3.40%2 |
2.53% |
Portfolio
Turnover Rate4 |
7% |
9% |
10% |
9% |
11% |
|
|
1 |
Calculated
based on average shares outstanding. |
2 |
Net
investment income per share and the ratio of net investment income to
average net assets include $.271 and
0.66%,
respectively, resulting from a special dividend from Naspers Ltd. in
September 2019. |
3 |
The
ratio of expenses to average net assets for the period net of reduction
from custody fee offset arrangements
was
0.08%. |
4 |
Excludes
the value of portfolio securities received or delivered as a result of
in-kind purchases or redemptions of
the
fund’s capital shares, including ETF Creation
Units. |