Vanguard STAR Fund NCSRS Certified semi-annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT

REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-03919

Name of Registrant:	Vanguard STAR Funds
Address of Registrant:	P.O. Box 2600
	Valley Forge, PA 19482

Name and address of agent for service:	Anne E. Robinson, Esquire
	P.O. Box 876
	Valley Forge, PA 19482

Registrant’s telephone number, including area code: (610) 669-1000

Date of fiscal year end: October 31

Date of reporting period: November 1, 2019—April 30, 2020

Item 1: Reports to Shareholders

Semiannual Report | April 30, 2020

Vanguard LifeStrategy^® Funds

Vanguard LifeStrategy Income Fund

Vanguard LifeStrategy Conservative Growth Fund

Vanguard LifeStrategy Moderate Growth Fund

Vanguard LifeStrategy Growth Fund

See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports.

Important information about access to shareholder reports

Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of your fund’s annual and semiannual shareholder reports will no longer be sent to you by mail, unless you specifically request them. Instead, you will be notified by mail each time a report is posted on the website and will be provided with a link to access the report.

If you have already elected to receive shareholder reports electronically, you will not be affected by this change and do not need to take any action. You may elect to receive shareholder reports and other communications from the fund electronically by contacting your financial intermediary (such as a broker-dealer or bank) or, if you invest directly with the fund, by calling Vanguard at one of the phone numbers on the back cover of this report or by logging on to vanguard.com.

You may elect to receive paper copies of all future shareholder reports free of charge. If you invest through a financial intermediary, you can contact the intermediary to request that you continue to receive paper copies. If you invest directly with the fund, you can call Vanguard at one of the phone numbers on the back cover of this report or log on to vanguard.com. Your election to receive paper copies will apply to all the funds you hold through an intermediary or directly with Vanguard.

Contents

About Your Fund’s Expenses	1

LifeStrategy Income Fund	3

LifeStrategy Conservative Growth Fund	14

LifeStrategy Moderate Growth Fund	25

LifeStrategy Growth Fund	36

Liquidity Risk Management	47

About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A typical fund’s expenses are expressed as a percentage of its average net assets. The LifeStrategy Funds have no direct expenses, but each fund bears its proportionate share of the costs for the underlying funds in which it invests. These indirect expenses make up the acquired fund fees and expenses, also expressed as a percentage of average net assets.

The following examples are intended to help you understand the ongoing cost (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period. The costs were calculated using the acquired fund fees and expenses for each LifeStrategy Fund.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading “Expenses Paid During Period.”

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”

The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.

Six Months Ended April 30, 2020

	Beginning	Ending	Expenses
	Account Value	Account Value	Paid During
	10/31/2019	4/30/2020	Period
Based on Actual Fund Return
LifeStrategy Income Fund	$1,000.00	$1,013.83	$0.55
LifeStrategy Conservative Growth Fund	$1,000.00	$991.56	$0.59
LifeStrategy Moderate Growth Fund	$1,000.00	$968.07	$0.64
LifeStrategy Growth Fund	$1,000.00	$944.17	$0.68
Based on Hypothetical 5% Yearly Return
LifeStrategy Income Fund	$1,000.00	$1,024.32	$0.55
LifeStrategy Conservative Growth Fund	$1,000.00	$1,024.27	$0.60
LifeStrategy Moderate Growth Fund	$1,000.00	$1,024.22	$0.65
LifeStrategy Growth Fund	$1,000.00	$1,024.17	$0.70

The calculations are based on acquired fund fees and expenses charged by the underlying mutual funds in which the LifeStrategy Funds invest. The LifeStrategy Funds’ annualized expense figures for the period are (in order as listed from top to bottom above) 0.11%, 0.12%, 0.13%, and 0.14%. The dollar amounts shown as “Expenses Paid” are equal to the annualized average weighted expense ratio for the underlying funds multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (182/366).

LifeStrategy Income Fund

Underlying Vanguard Funds

As of April 30, 2020

Vanguard Total Bond Market II Index Fund Investor Shares	55.8	%
Vanguard Total International Bond Index Fund Investor Shares	23.7
Vanguard Total Stock Market Index Fund Investor Shares	12.3
Vanguard Total International Stock Index Fund Investor Shares	8.2

The table reflects the fund’s investments, except for short-term investments and derivatives.

LifeStrategy Income Fund

Financial Statements (unaudited)

Schedule of Investments

As of April 30, 2020

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.

			Market
			Value•
		Shares	($000	)
Investment Companies (99.6%)
U.S. Stock Fund (12.2%)
	Vanguard Total Stock Market Index Fund Investor Shares	8,586,331	609,973

International Stock Fund (8.1%)
	Vanguard Total International Stock Index Fund Investor Shares	27,866,845	406,020

U.S. Bond Fund (55.7%)
1	Vanguard Total Bond Market II Index Fund Investor Shares	243,023,567	2,777,759

International Bond Fund (23.6%)
	Vanguard Total International Bond Index Fund Investor Shares	102,680,593	1,177,747
Total Investment Companies (Cost $4,363,840)			4,971,499
Temporary Cash Investment (0.4%)
Money Market Fund (0.4%)
1	Vanguard Market Liquidity Fund, 0.522% (Cost $21,145)	211,450	21,145
Total Investments (100.0%) (Cost $4,384,985)			4,992,644
Other Assets and Liabilities—Net (0.0%)²			233
Net Assets (100%)			4,992,877

Cost rounded to $000.

·	See Note A in Notes to Financial Statements.

1	Affiliated fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown for Vanguard Market Liquidity Fund is the 7-day yield.

2	Cash of $280,000 has been segregated as initial margin for open futures contracts.

LifeStrategy Income Fund

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
					($000	)
					Value and
		Number of			Unrealized
		Long (Short	)	Notional	Appreciation
	Expiration	Contracts		Amount	(Depreciation	)
Long Futures Contracts
10-Year U.S. Treasury Note	June 2020	136		18,913	4

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Income Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)		Amount
Assets
Investments in Securities, at Value—Affiliated Funds (Cost $4,384,985)		4,992,644
Cash		9
Cash Collateral Pledged—Futures Contracts		280
Receivables for Accrued Income		6,124
Receivables for Capital Shares Issued		8,760
Variation Margin Receivable—Futures Contracts		4
Total Assets		5,007,821
Liabilities
Payables for Investment Securities Purchased		11,550
Payables for Capital Shares Redeemed		3,394
Total Liabilities		14,944
Net Assets		4,992,877


At April 30, 2020, net assets consisted of:

Paid-in Capital		4,380,852
Total Distributable Earnings (Loss)		612,025
Net Assets		4,992,877

Net Assets
Applicable to 308,173,639 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		4,992,877
Net Asset Value Per Share		$16.20

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Income Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
	($000	)
Investment Income
Income
Income Distributions Received from Affiliated Funds	75,908
Net Investment Income—Note B	75,908
Realized Net Gain (Loss)
Capital Gain Distributions Received from Affiliated Funds	—
Affiliated Funds Sold	(3,769	)
Realized Net Gain (Loss)	(3,769	)
Change in Unrealized Appreciation (Depreciation)
Affiliated Funds	(14,937	)
Futures Contracts	4
Change in Unrealized Appreciation (Depreciation)	(14,933	)
Net Increase (Decrease) in Net Assets Resulting from Operations	57,206

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Income Fund

Statement of Changes in Net Assets

	Six Months Ended		Year Ended
	April 30,		October 31,
	2020		2019
	($000	)	($000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income	75,908		117,245
Realized Net Gain (Loss)	(3,769	)	3,619
Change in Unrealized Appreciation (Depreciation)	(14,933	)	351,630
Net Increase (Decrease) in Net Assets Resulting from Operations	57,206		472,494
Distributions¹
Total Distributions	(77,467	)	(148,952	)
Capital Share Transactions
Issued	1,013,801		1,046,185
Issued in Lieu of Cash Distributions	71,418		138,107
Redeemed	(785,926	)	(806,297	)
Net Increase (Decrease) from Capital Share Transactions	299,293		377,995
Total Increase (Decrease)	279,032		701,537
Net Assets
Beginning of Period	4,713,845		4,012,308
End of Period	4,992,877		4,713,845

1 Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Income Fund

Financial Highlights

Six Months
	Ended
For a Share Outstanding	April 30,						Year Ended October 31,
Throughout Each Period	2020		2019		2018		2017		2016		2015
Net Asset Value, Beginning of Period	$16.24		$15.08		$15.56		$15.14		$14.86		$14.93
Investment Operations
Net Investment Income	.252	¹	.425	¹	.376	¹	.332	¹	.312		.309
Capital Gain Distributions Received	—		—		.002	¹	.008	¹	.012		.012
Net Realized and Unrealized Gain (Loss) on Investments	(.031	)	1.284		(.470	)	.422		.323		(.021	)
Total from Investment Operations	.221		1.709		(.092	)	.762		.647		.300
Distributions
Dividends from Net Investment Income	(.258	)	(.435	)	(.368	)	(.334	)	(.309	)	(.309	)
Distributions from Realized Capital Gains	(.003	)	(.114	)	(.020	)	(.009	)	(.058	)	(.061	)
Total Distributions	(.261	)	(.549	)	(.388	)	(.343	)	(.367	)	(.370	)
Net Asset Value, End of Period	$16.20		$16.24		$15.08		$15.56		$15.14		$14.86

Total Return²	1.38%		11.60%		-0.63%		5.12%		4.42%		2.03%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$4,993		$4,714		$4,012		$4,208		$3,814		$3,338
Ratio of Total Expenses to Average Net Assets	—		—		—		—		—		—
Acquired Fund Fees and Expenses	0.11%		0.11%		0.11%		0.11%		0.12%		0.12%
Ratio of Net Investment Income to Average Net Assets	3.13%		2.72%		2.43%		2.18%		2.09%		2.08%
Portfolio Turnover Rate	12%		6%		9%		4%		4%		14%

The expense ratio, acquired fund fees and expenses, and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Income Fund

Notes to Financial Statements

Vanguard LifeStrategy Income Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund follows a balanced investment strategy by investing in selected Vanguard funds to achieve its targeted allocation of assets to U.S. and international stocks, and U.S. and international bonds. Financial statements and other information about each underlying fund are available on vanguard.com.

Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.

A. The following significant accounting policies conform to generally accepted accounting principles for U.S. investment companies. The fund consistently follows such policies in preparing its financial statements.

1. Security Valuation: Investments are valued at the net asset value of each underlying Vanguard fund determined as of the close of the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date.

2. Futures Contracts: The fund uses stock and bond futures contracts to a limited extent, with the objectives of maintaining full exposure to the market and maintaining its target asset allocation. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of investments held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any assets pledged as initial margin for open contracts are noted in the Schedule of Investments.

Futures contracts are valued at their quoted daily settlement prices. The notional amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on futures contracts.

During the six months ended April 30, 2020, the fund’s average investments in long and short futures contracts represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.

3. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2016–2019), and for the period ended April 30, 2020, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

LifeStrategy Income Fund

4. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.

5. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and, effective May 2020, an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.

In accordance with an exemptive order (the “Order”) from the SEC, the fund may participate in a joint lending and borrowing program that allows registered open-end Vanguard funds to borrow money from and lend money to each other for temporary or emergency purposes (the “Interfund Lending Program”), subject to compliance with the terms and conditions of the Order, and to the extent permitted by the fund’s investment objective and investment policies. Interfund loans and borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

6. Other: Income and capital gain distributions received are recorded on the ex-dividend date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. The FSA provides that expenses otherwise allocable to Vanguard funds-of-funds may be reduced or eliminated to the extent of savings realized by the underlying Vanguard funds by virtue of being part of a fund-of-funds. Accordingly, all expenses for services provided by Vanguard to the fund and all other expenses incurred by the fund during the period ended April 30, 2020, were borne by the underlying Vanguard funds in which the fund invests. The fund’s trustees and officers are also trustees and officers, respectively, of the Vanguard underlying funds, as well as directors and employees, respectively, of Vanguard.

LifeStrategy Income Fund

C. Various inputs may be used to determine the value of the fund’s investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments valued with significant unobservable inputs are noted on the Schedule of Investments.

At April 30, 2020, 100% of the market value of the fund’s investments and derivatives was determined based on Level 1 inputs.

D. As of April 30, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

	Amount
	($000	)
Tax Cost	4,384,985
Gross Unrealized Appreciation	630,783
Gross Unrealized Depreciation	(23,120	)
Net Unrealized Appreciation (Depreciation)	607,663

E. Capital shares issued and redeemed were:

	Six Months Ended		Year Ended
	April 30, 2020		October 31, 2019
	Shares		Shares
	(000	)	(000	)
Issued	62,862		66,907
Issued in Lieu of Cash Distributions	4,450		9,024
Redeemed	(49,332	)	(51,827	)
Net Increase (Decrease) in Shares Outstanding	17,980		24,104

LifeStrategy Income Fund

F. Transactions during the period in affiliated underlying Vanguard funds were as follows:

			Current Period Transactions
	Oct. 31,				Proceeds		Realized								April 30,
	2019				from		Net		Change in				Capital Gain		2020
	Market		Purchases		Securities		Gain		Unrealized				Distributions		Market
	Value		at Cost		Sold		(Loss	)	App. (Dep.	)	Income		Received		Value
	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)
Vanguard Market Liquidity Fund	1,586		NA¹		NA¹		(2	)	1		17		—		21,145
Vanguard Total Bond Market II Index Fund	2,642,555		375,163		326,191		2,987		83,245		34,453		—		2,777,759
Vanguard Total International Bond Index Fund	1,101,604		177,556		81,715		(506	)	(19,192	)	30,471		—		1,177,747
Vanguard Total International Stock Index Fund	393,129		102,563		31,710		836		(58,798	)	5,190		—		406,020
Vanguard Total Stock Market Index Fund	574,706		184,678		122,134		(7,084	)	(20,193	)	5,777		—		609,973
Total	4,713,580		839,960		561,750		(3,769	)	(14,937	)	75,908		—		4,992,644

1 Not applicable—purchases and sales are for temporary cash investment purposes.

G. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

LifeStrategy Conservative Growth Fund

Underlying Vanguard Funds

As of April 30, 2020

Vanguard Total Bond Market II Index Fund Investor Shares	41.9	%
Vanguard Total Stock Market Index Fund Investor Shares	24.2
Vanguard Total International Bond Index Fund Investor Shares	17.6
Vanguard Total International Stock Index Fund Investor Shares	16.3

The table reflects the fund’s investments, except for short-term investments and derivatives.

LifeStrategy Conservative Growth Fund

Financial Statements (unaudited)

Schedule of Investments

As of April 30, 2020

				Market
				Value^•
		Shares		($000		)
Investment Companies (99.4%)
U.S. Stock Fund (24.1%)
	Vanguard Total Stock Market Index Fund Investor Shares		34,201,747		2,429,692

International Stock Fund (16.2%)
	Vanguard Total International Stock Index Fund Investor Shares		112,491,171		1,638,996

U.S. Bond Fund (41.6%)
1	Vanguard Total Bond Market II Index Fund Investor Shares		367,050,474		4,195,387

International Bond Fund (17.5%)
	Vanguard Total International Bond Index Fund Investor Shares		154,006,008		1,766,449
Total Investment Companies (Cost $7,812,590)					10,030,524
Temporary Cash Investment (0.6%)
Money Market Fund (0.6%)
1	Vanguard Market Liquidity Fund, 0.522% (Cost $58,427)		584,268		58,427
Total Investments (100.0%) (Cost $7,871,017)					10,088,951
Other Assets and Liabilities—Net (0.0%)					3,349
Net Assets (100%)					10,092,300

Cost rounded to $000.

See Note A in Notes to Financial Statements.

Affiliated fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown for Vanguard Market Liquidity Fund is the 7-day yield.

LifeStrategy Conservative Growth Fund

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
				($000	)
				Value and
		Number of		Unrealized
		Long (Short)	Notional	Appreciation
	Expiration	Contracts	Amount	(Depreciation	)
Long Futures Contracts
10-Year U.S. Treasury Note	June 2020	439	61,048	13

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Conservative Growth Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)	Amount
Assets
Investments in Securities, at Value—Affiliated Funds (Cost $7,871,017)	10,088,951
Receivables for Investment Securities Sold	709
Receivables for Accrued Income	9,251
Receivables for Capital Shares Issued	7,803
Variation Margin Receivable—Futures Contracts	13
Total Assets	10,106,727
Liabilities
Payables for Investment Securities Purchased	9,250
Payables for Capital Shares Redeemed	5,177
Total Liabilities	14,427
Net Assets	10,092,300


At April 30, 2020, net assets consisted of:

Paid-in Capital	7,829,289
Total Distributable Earnings (Loss)	2,263,011
Net Assets	10,092,300

Net Assets
Applicable to 497,059,777 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	10,092,300
Net Asset Value Per Share	$20.30

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Conservative Growth Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
	($000)
Investment Income
Income
Income Distributions Received from Affiliated Funds	151,531
Other Income	4
Net Investment Income—Note B	151,535
Realized Net Gain (Loss)
Capital Gain Distributions Received from Affiliated Funds	—
Affiliated Funds Sold	32,869
Realized Net Gain (Loss)	32,869
Change in Unrealized Appreciation (Depreciation)
Affiliated Funds	(294,919)
Futures Contracts	13
Change in Unrealized Appreciation (Depreciation)	(294,906)
Net Increase (Decrease) in Net Assets Resulting from Operations	(110,502)

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Conservative Growth Fund

Statement of Changes in Net Assets

	Six Months Ended			Year Ended
	April 30,			October 31,
	2020			2019
	($000		)	($000		)
Increase (Decrease) in Net Assets
Operations
Net Investment Income		151,535			255,585
Realized Net Gain (Loss)		32,869			10,771
Change in Unrealized Appreciation (Depreciation)		(294,906	)		836,818
Net Increase (Decrease) in Net Assets Resulting from Operations		(110,502	)		1,103,174
Distributions¹
Total Distributions		(158,559	)		(357,101	)
Capital Share Transactions
Issued		1,124,794			1,657,650
Issued in Lieu of Cash Distributions		148,850			337,465
Redeemed		(1,384,836	)		(1,516,746	)
Net Increase (Decrease) from Capital Share Transactions		(111,192	)		478,369
Total Increase (Decrease)		(380,253	)		1,224,442
Net Assets
Beginning of Period		10,472,553			9,248,111
End of Period		10,092,300			10,472,553

1 Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Conservative Growth Fund

Financial Highlights

	Six Months
	Ended
For a Share Outstanding	April 30,		Year Ended October 31,
Throughout Each Period	2020		2019		2018		2017		2016		2015
Net Asset Value, Beginning of Period	$20.79		$19.29		$19.85		$18.55		$18.36		$18.86
Investment Operations
Net Investment Income	.300	¹	.521	¹	.466	¹	.417	¹	.389		.385
Capital Gain Distributions Received	—		—		.002	¹	.008	¹	.012		.018
Net Realized and Unrealized Gain (Loss) on Investments	(.473	)	1.715		(.520	)	1.332		.358		(.057	)
Total from Investment Operations	(.173	)	2.236		(.052	)	(1.757	)	.759		.346
Distributions
Dividends from Net Investment Income	(.308	)	(.531	)	(.457	)	(.418	)	(.387	)	(.385	)
Distributions from Realized Capital Gains	(.009	)	(.205	)	(.051	)	(.039	)	(.182	)	(.461	)
Total Distributions	(.317	)	(.736	)	(.508	)	(.457	)	(.569	)	(.846	)
Net Asset Value, End of Period	$20.30		$20.79		$19.29		$19.85		$18.55		$18.36

Total Return²	-0.84%		11.94%		-0.33%		9.61%		4.24%		1.86%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$10,092		$10,473		$9,248		$9,365		$8,145		$7,599
Ratio of Total Expenses to Average Net Assets	—		—		—		—		—		—
Acquired Fund Fees and Expenses	0.12%		0.12%		0.12%		0.12%		0.13%		0.13%
Ratio of Net Investment Income to Average Net Assets	2.93%		2.61%		2.34%		2.18%		2.13%		2.07%
Portfolio Turnover Rate	17%		9%		11%		6%		9%		16%

The expense ratio, acquired fund fees and expenses, and net investment income ratio for the current period have been annualized.

1	Calculated based on average shares outstanding.

2	Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Conservative Growth Fund

Notes to Financial Statements

Vanguard LifeStrategy Conservative Growth Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund follows a balanced investment strategy by investing in selected Vanguard funds to achieve its targeted allocation of assets to U.S. and international stocks, and U.S. and international bonds. Financial statements and other information about each underlying fund are available on vanguard.com.

LifeStrategy Conservative Growth Fund

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

LifeStrategy Conservative Growth Fund

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

At April 30, 2020, 100% of the market value of the fund’s investments and derivatives was determined based on Level 1 inputs.

D. As of April 30, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

	Amount
	($000		)
Tax Cost		7,871,017
Gross Unrealized Appreciation		2,283,577
Gross Unrealized Depreciation		(65,630	)
Net Unrealized Appreciation (Depreciation)		2,217,947

E. Capital shares issued and redeemed were:

	Six Months Ended			Year Ended
	April 30, 2020			October 31, 2019
	Shares			Shares
		(000	)		(000	)
Issued		54,568			83,257
Issued in Lieu of Cash Distributions		7,258			17,485
Redeemed		(68,456	)		(76,496	)
Net Increase (Decrease) in Shares Outstanding		(6,630	)		24,246

LifeStrategy Conservative Growth Fund

F. Transactions during the period in affiliated underlying Vanguard funds were as follows:

			Current Period Transactions
	Oct. 31,				Proceeds		Realized								April 30,
	2019				from		Net		Change in				Capital Gain		2020
	Market		Purchases		Securities		Gain		Unrealized				Distributions		Market
	Value		at Cost		Sold		(Loss	)	App. (Dep.	)	Income		Received		Value
	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)
Vanguard Market Liquidity Fund	3,957		NA¹		NA¹		(2	)	(1	)	29		—		58,427
Vanguard Total Bond Market II Index Fund	4,399,222		640,622		982,992		24,740		113,795		55,224		—		4,195,387
Vanguard Total International Bond Index Fund	1,840,359		217,293		259,561		4,981		(36,623	)	49,831		—		1,766,449
Vanguard Total International Stock Index Fund	1,699,621		339,882		154,595		1,357		(247,269	)	22,400		—		1,638,996
Vanguard Total Stock Market Index Fund	2,526,700		548,692		522,672		1,793		(124,821	)	24,047		—		2,429,692
Total	10,469,859		1,746,489		1,919,820		32,869		(294,919	)	151,531		—		10,088,951

1 Not applicable—purchases and sales are for temporary cash investment purposes.

G. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

LifeStrategy Moderate Growth Fund

Underlying Vanguard Funds

As of April 30, 2020

Vanguard Total Stock Market Index Fund Investor Shares		36.3%
Vanguard Total Bond Market II Index Fund Investor Shares		27.8
Vanguard Total International Stock Index Fund Investor Shares		24.4
Vanguard Total International Bond Index Fund Investor Shares		11.5

The table reflects the fund’s investments, except for short-term investments and derivatives.

LifeStrategy Moderate Growth Fund

Financial Statements (unaudited)

Schedule of Investments

As of April 30, 2020

			Market
			Value^·
		Shares	($000)
Investment Companies (99.5%)
U.S. Stock Fund (36.1%)
	Vanguard Total Stock Market Index Fund Investor Shares	83,059,647	5,900,557

International Stock Fund (24.2%)
	Vanguard Total International Stock Index Fund Investor Shares	271,609,322	3,957,348

U.S. Bond Fund (27.7%)
¹	Vanguard Total Bond Market II Index Fund Investor Shares	395,704,124	4,522,898

International Bond Fund (11.5%)
	Vanguard Total International Bond Index Fund Investor Shares	163,371,715	1,873,874
Total Investment Companies (Cost $11,538,964)			16,254,677
Temporary Cash Investment (0.5%)
Money Market Fund (0.5%)
¹	Vanguard Market Liquidity Fund, 0.522% (Cost $88,364)	883,640	88,364
Total Investments (100.0%) (Cost $11,627,328)			16,343,041
Other Assets and Liabilities—Net (0.0%)			4,154
Net Assets (100%)			16,347,195

Cost rounded to $000.

See Note A in Notes to Financial Statements.

Affiliated fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown for Vanguard Market Liquidity Fund is the 7-day yield.

LifeStrategy Moderate Growth Fund

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
					($000	)
					Value and
		Number of			Unrealized
		Long (Short	)	Notional	Appreciation
	Expiration	Contracts		Amount	(Depreciation	)
Long Futures Contracts
10-Year U.S. Treasury Note	June 2020	651		90,530	20

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Moderate Growth Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)	Amount
Assets
Investments in Securities, at Value—Affiliated Funds (Cost $11,627,328)	16,343,041
Receivables for Investment Securities Sold	3,347
Receivables for Accrued Income	9,909
Receivables for Capital Shares Issued	8,078
Variation Margin Receivable—Futures Contracts	20
Total Assets	16,364,395
Liabilities
Payables for Investment Securities Purchased	9,910
Payables for Capital Shares Redeemed	7,290
Total Liabilities	17,200
Net Assets	16,347,195


At April 30, 2020, net assets consisted of:

Paid-in Capital	11,494,730
Total Distributable Earnings (Loss)	4,852,465
Net Assets	16,347,195

Net Assets
Applicable to 605,906,229 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	16,347,195
Net Asset Value Per Share	$26.98

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Moderate Growth Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
	($000	)
Investment Income
Income
Income Distributions Received from Affiliated Funds	230,591
Other Income	20
Net Investment Income — Note B	230,611
Realized Net Gain (Loss)
Capital Gain Distributions Received from Affiliated Funds	—
Affiliated Funds Sold	60,465
Realized Net Gain (Loss)	60,465
Change in Unrealized Appreciation (Depreciation)
Affiliated Funds	(880,210	)
Futures Contracts	20
Change in Unrealized Appreciation (Depreciation)	(880,190	)
Net Increase (Decrease) in Net Assets Resulting from Operations	(589,114	)

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Moderate Growth Fund

Statement of Changes in Net Assets

	Six Months Ended	Year Ended
	April 30,	October 31,
	2020	2019
	($000)	($000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income	230,611	403,731
Realized Net Gain (Loss)	60,465	20,300
Change in Unrealized Appreciation (Depreciation)	(880,190)	1,440,885
Net Increase (Decrease) in Net Assets Resulting from Operations	(589,114)	1,864,916
Distributions¹
Total Distributions	(266,802)	(614,421	)
Capital Share Transactions
Issued	1,531,768	2,533,326
Issued in Lieu of Cash Distributions	253,833	587,258
Redeemed	(1,864,465)	(2,483,656	)
Net Increase (Decrease) from Capital Share Transactions	(78,864)	636,928
Total Increase (Decrease)	(934,780)	1,887,423
Net Assets
Beginning of Period	17,281,975	15,394,552
End of Period	16,347,195	17,281,975

1 Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Moderate Growth Fund

Financial Highlights

	Six Months
	Ended
For a Share Outstanding	April 30,	Year Ended October 31,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$28.29	$26.26	$26.90	$24.10	$24.08	$24.32
Investment Operations
Net Investment Income	.375¹	.673¹	.616¹	.556¹	.509	.501
Capital Gain Distributions Received	—	—	.002¹	.007¹	.010	.017
Net Realized and Unrealized Gain (Loss) on Investments	(1.249)	2.403	(.622)	2.795	.398	(.099)
Total from Investment Operations	(.874)	3.076	(.004)	3.358	.917	.419
Distributions
Dividends from Net Investment Income	(.418)	(.684)	(.593)	(.547)	(.505)	(.501)
Distributions from Realized Capital Gains	(.018)	(.362)	(.043)	(.011)	(.392)	(.158)
Total Distributions	(.436)	(1.046)	(.636)	(.558)	(.897)	(.659)
Net Asset Value, End of Period	$26.98	$28.29	$26.26	$26.90	$24.10	$24.08

Total Return²	-3.19%	12.20%	-0.08%	14.14%	3.96%	1.71%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$16,347	$17,282	$15,395	$15,729	$13,095	$12,276
Ratio of Total Expenses to Average Net Assets	—	—	—	—	—	—
Acquired Fund Fees and Expenses	0.13%	0.13%	0.13%	0.13%	0.14%	0.14%
Ratio of Net Investment Income to Average Net Assets	2.70%	2.50%	2.26%	2.19%	2.16%	2.07%
Portfolio Turnover Rate	15%	9%	12%	6%	9%	16%

The expense ratio, acquired fund fees and expenses, and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Moderate Growth Fund

Notes to Financial Statements

Vanguard LifeStrategy Moderate Growth Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund follows a balanced investment strategy by investing in selected Vanguard funds to achieve its targeted allocation of assets to U.S. and international stocks, and U.S. and international bonds. Financial statements and other information about each underlying fund are available on vanguard.com.

LifeStrategy Moderate Growth Fund

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

LifeStrategy Moderate Growth Fund

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

At April 30, 2020, 100% of the market value of the fund’s investments and derivatives was determined based on Level 1 inputs.

D. As of April 30, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

	Amount
		($000	)
Tax Cost		11,627,328
Gross Unrealized Appreciation		4,910,214
Gross Unrealized Depreciation		(194,481	)
Net Unrealized Appreciation (Depreciation)		4,715,733

E. Capital shares issued and redeemed were:

	Six Months Ended			Year Ended
	April 30, 2020			October 31, 2019
	Shares			Shares
		(000	)		(000	)
Issued		54,794			94,122
Issued in Lieu of Cash Distributions		8,774			23,094
Redeemed		(68,547	)		(92,590	)
Net Increase (Decrease) in Shares Outstanding		(4,979	)		24,626

LifeStrategy Moderate Growth Fund

F. Transactions during the period in affiliated underlying Vanguard funds were as follows:

										Current Period Transactions
	Oct. 31,					Proceeds		Realized								April 30,
	2019					from		Net		Change in				Capital Gain		2020
	Market			Purchases		Securities		Gain		Unrealized				Distributions		Market
	Value			at Cost		Sold		(Loss	)	App. (Dep.	)	Income		Received		Value
		($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)
Vanguard Market Liquidity Fund		5,262		NA¹		NA¹		2		—		45		—		88,364
Vanguard Total Bond Market II Index Fund		4,794,796		937,824		1,365,033		42,842		112,469		60,498		—		4,522,898
Vanguard Total International Bond Index Fund		2,040,017		265,707		397,328		11,297		(45,819	)	55,173		—		1,873,874
Vanguard Total International Stock Index Fund		4,184,588		554,217		158,884		(1,441	)	(621,132	)	56,549		—		3,957,348
Vanguard Total Stock Market Index Fund		6,257,515		868,392		907,387		7,765		(325,728	)	58,326		—		5,900,557
Total		17,282,178		2,626,140		2,828,632		60,465		(880,210	)	230,591		—		16,343,041

1 Not applicable—purchases and sales are for temporary cash investment purposes.

G. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

LifeStrategy Growth Fund

Underlying Vanguard Funds

As of April 30, 2020

Vanguard Total Stock Market Index Fund Investor Shares	48.7	%
Vanguard Total International Stock Index Fund Investor Shares	32.1
Vanguard Total Bond Market II Index Fund Investor Shares	13.7
Vanguard Total International Bond Index Fund Investor Shares	5.5

The table reflects the fund’s investments, except for short-term investments and derivatives.

LifeStrategy Growth Fund

Financial Statements (unaudited)

Schedule of Investments

As of April 30, 2020

		Market
		Value^•
	Shares		($000	)
Investment Companies (99.5%)
U.S. Stock Fund (48.3%)
Vanguard Total Stock Market Index Fund Investor Shares	100,353,910		7,129,142

International Stock Fund (32.0%)
Vanguard Total International Stock Index Fund Investor Shares	323,718,435		4,716,578

U.S. Bond Fund (13.7%)
¹ Vanguard Total Bond Market II Index Fund Investor Shares	176,531,109		2,017,750

International Bond Fund (5.5%)
Vanguard Total International Bond Index Fund Investor Shares	70,764,261		811,666
Total Investment Companies (Cost $9,615,398)			14,675,136
Temporary Cash Investment (0.4%)
Money Market Fund (0.4%)
¹ Vanguard Market Liquidity Fund, 0.522% (Cost $57,000)	569,997		57,000
Total Investments (99.9%) (Cost $9,672,398)		��	14,732,136
Other Assets and Liabilities—Net (0.1%)²			8,679
Net Assets (100%)			14,740,815

Cost rounded to $000.

•	See Note A in Notes to Financial Statements.
1	Affiliated fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown for Vanguard Market Liquidity Fund is the 7-day yield.
2	Cash of $910,000 has been segregated as initial margin for open futures contracts.

LifeStrategy Growth Fund

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
				($000	)
				Value and
		Number of		Unrealized
		Long (Short)	Notional	Appreciation
	Expiration	Contracts	Amount	(Depreciation	)
Long Futures Contracts
10-Year U.S. Treasury Note	June 2020	454	63,134	14

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Growth Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)	Amount
Assets
Investments in Securities, at Value—Affiliated Funds (Cost $9,672,398)		14,732,136
Cash		15
Cash Collateral Pledged—Futures Contracts		910
Receivables for Investment Securities Sold		6,290
Receivables for Accrued Income		4,383
Receivables for Capital Shares Issued		8,289
Variation Margin Receivable—Futures Contracts		14
Total Assets		14,752,037
Liabilities
Payables for Investment Securities Purchased		4,369
Payables for Capital Shares Redeemed		6,853
Total Liabilities		11,222
Net Assets		14,740,815


At April 30, 2020, net assets consisted of:

Paid-in Capital		9,544,619
Total Distributable Earnings (Loss)		5,196,196
Net Assets		14,740,815

Net Assets
Applicable to 453,116,765 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		14,740,815
Net Asset Value Per Share		$32.53

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Growth Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
	($000		)
Investment Income
Income
Income Distributions Received from Affiliated Funds		191,522
Other Income		12
Net Investment Income—Note B		191,534
Realized Net Gain (Loss)
Capital Gain Distributions Received from Affiliated Funds		—
Affiliated Funds Sold		80,270
Change in Unrealized Appreciation (Depreciation)
Affiliated Funds		(1,173,514	)
Futures Contracts		14
Change in Unrealized Appreciation (Depreciation)		(1,173,500	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(901,696	)

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Growth Fund

Statement of Changes in Net Assets

	Six Months Ended			Year Ended
	April 30,			October 31,
	2020			2019
		($000	)		($000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income		191,534			355,355
Realized Net Gain (Loss)		80,270			9,194
Change in Unrealized Appreciation (Depreciation)		(1,173,500	)		1,381,554
Net Increase (Decrease) in Net Assets Resulting from Operations		(901,696	)		1,746,103
Distributions¹
Total Distributions		(223,044	)		(588,386	)
Capital Share Transactions
Issued		1,253,477			2,030,916
Issued in Lieu of Cash Distributions		214,021			567,619
Redeemed		(1,507,548	)		(1,990,632	)
Net Increase (Decrease) from Capital Share Transactions		(40,050	)		607,903
Total Increase (Decrease)		(1,164,790	)		1,765,620
Net Assets
Beginning of Period		15,905,605			14,139,985
End of Period		14,740,815			15,905,605

1 Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Growth Fund

Financial Highlights

	Six Months
	Ended
For a Share Outstanding	April 30,				Year Ended October 31,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$34.92	$32.44	$33.11	$28.47	$28.74	$29.12
Investment Operations
Net Investment Income	.419¹	.789¹	.742¹	.673¹	.611	.598
Capital Gain Distributions Received	—	—	.001¹	.004¹	.006	.012
Net Realized and Unrealized Gain (Loss) on Investments	(2.318)	3.029	(.685)	4.632	.354	(.207)
Total from Investment Operations	(1.899)	3.818	.058	5.309	.971	.403
Distributions
Dividends from Net Investment Income	(.484)	(.798)	(.714)	(.666)	(.603)	(.595)
Distributions from Realized Capital Gains	(.007)	(.540)	(.014)	(.003)	(.638)	(.188)
Total Distributions	(.491)	(1.338)	(.728)	(.669)	(1.241)	(.783)
Net Asset Value, End of Period	$32.53	$34.92	$32.44	$33.11	$28.47	$28.74

Total Return²	-5.58%	12.34%	0.09%	18.91%	3.54%	1.35%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$14,741	$15,906	$14,140	$14,534	$11,919	$11,238
Ratio of Total Expenses to Average Net Assets	—	—	—	—	—	—
Acquired Fund Fees and Expenses	0.14%	0.14%	0.14%	0.14%	0.15%	0.15%
Ratio of Net Investment Income to Average Net Assets	2.46%	2.38%	2.19%	2.19%	2.20%	2.06%
Portfolio Turnover Rate	9%	6%	10%	6%	5%	13%

The expense ratio, acquired fund fees and expenses, and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

LifeStrategy Growth Fund

Notes to Financial Statements

Vanguard LifeStrategy Growth Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund follows a balanced investment strategy by investing in selected Vanguard funds to achieve its targeted allocation of assets to U.S. and international stocks, and U.S. and international bonds. Financial statements and other information about each underlying fund are available on vanguard.com.

During the six months ended April 30, 2020, the fund’s average investments in long and short futures contracts each represented less than 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.

LifeStrategy Growth Fund

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

LifeStrategy Growth Fund

borne by the underlying Vanguard funds in which the fund invests. The fund’s trustees and officers are also trustees and officers, respectively, of the Vanguard underlying funds, as well as directors and employees, respectively, of Vanguard.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

At April 30, 2020, 100% of the market value of the fund’s investments and derivatives was determined based on Level 1 inputs.

D. As of April 30, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

	Amount
		($000	)
Tax Cost		9,672,398
Gross Unrealized Appreciation		5,333,408
Gross Unrealized Depreciation		(273,656	)
Net Unrealized Appreciation (Depreciation)		5,059,752

E. Capital shares issued and redeemed were:

	Six Months Ended			Year Ended
	April 30, 2020			October 31, 2019
	Shares			Shares
		(000	)		(000	)
Issued		36,804			61,416
Issued in Lieu of Cash Distributions		5,907			18,364
Redeemed		(45,050	)		(60,249	)
Net Increase (Decrease) in Shares Outstanding		(2,339	)		19,531

LifeStrategy Growth Fund

F. Transactions during the period in affiliated underlying Vanguard funds were as follows:

										Current Period Transactions
	Oct. 31,					Proceeds		Realized								April 30,
	2019					from		Net		Change in				Capital Gain		2020
	Market			Purchases		Securities		Gain		Unrealized				Distributions		Market
	Value			at Cost		Sold		(Loss)		App. (Dep.	)	Income		Received		Value
		($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)	($000	)
Vanguard Market Liquidity Fund		5,807		NA¹		NA¹		—		—		31		—		57,000
Vanguard Total Bond Market II Index Fund		2,195,078		452,932		699,454		21,513		47,681		27,425		—		2,017,750
Vanguard Total International Bond Index Fund		933,251		119,482		225,046		6,748		(22,769	)	25,120		—		811,666
Vanguard Total International Stock Index Fund		5,115,160		395,991		27,406		(395	)	(766,772	)	68,643		—		4,716,578
Vanguard Total Stock Market Index Fund		7,656,395		488,544		636,547		52,404		(431,654	)	70,303		—		7,129,142
Total		15,905,691		1,456,949		1,588,453		80,270		(1,173,514	)	191,522		—		14,732,136

1 Not applicable—purchases and sales are for temporary cash investment purposes.

G. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

Liquidity Risk Management

Vanguard funds (except for the money market funds) have adopted and implemented a written liquidity risk management program (the “Program”) as required by Rule 22e-4 under the Investment Company Act of 1940. Rule 22e-4 requires that each fund adopt a program that is reasonably designed to assess and manage the fund’s liquidity risk, which is the risk that the fund could not meet redemption requests without significant dilution of remaining investors’ interests in the fund.

Assessment and management of a fund’s liquidity risk under the Program take into consideration certain factors, such as the fund’s investment strategy and the liquidity of its portfolio investments during normal and reasonably foreseeable stressed conditions, its short- and long-term cash-flow projections during both normal and reasonably foreseeable stressed conditions, and its cash and cash-equivalent holdings and access to other funding sources. As required by the rule, the Program includes policies and procedures for classification of fund portfolio holdings in four liquidity categories, maintaining certain levels of highly liquid investments, and limiting holdings of illiquid investments.

The board of trustees of Vanguard Star Funds approved the appointment of liquidity risk management program administrators responsible for administering the Program for Vanguard LifeStrategy Income Fund, Vanguard LifeStrategy Conservative Growth Fund, Vanguard LifeStrategy Moderate Growth Fund, and Vanguard LifeStrategy Growth Fund, and for carrying out the specific responsibilities set forth in the Program, including reporting to the board on at least an annual basis regarding the Program’s operation, its adequacy, and the effectiveness of its implementation for the past year (the “Program Administrator Report”). The board has reviewed the Program Administrator Report covering the period from December 1, 2018, through December 31, 2019 (the “Review Period”). The Program Administrator Report stated that during the Review Period the Program operated and was implemented effectively to manage the funds’ liquidity risk.

This page intentionally left blank.

Connect with Vanguard^® > vanguard.com

Fund Information > 800-662-7447

Direct Investor Account Services > 800-662-2739

Institutional Investor Services > 800-523-1036

Text Telephone for People

Who Are Deaf or Hard of Hearing > 800-749-7273

This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.

You can obtain a free copy of Vanguard’s proxy voting guidelines by visiting vanguard.com/proxyreporting or by calling Vanguard at 800-662-2739. The guidelines are also available from the SEC’s website, www.sec.gov. In addition, you may obtain a free report on how your fund voted the proxies for securities it owned during the 12 months ended June 30. To get the report, visit either vanguard.com/proxyreporting or www.sec.gov.

You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.

	© 2020 The Vanguard Group, Inc.
	All rights reserved.
	Vanguard Marketing Corporation, Distributor.

	Q882 062020





Semiannual Report \| April 30, 2020


Vanguard STAR^® Fund





































See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports.

Important information about access to shareholder reports

Contents

About Your Fund’s Expenses.	1

Financial Statements	4

Trustees Approve Advisory Arrangement	13

Liquidity Risk Management	15

About Your Fund’s Expenses

A typical fund’s expenses are expressed as a percentage of its average net assets. The STAR Fund has no direct expenses, but bears its proportionate share of the costs for the underlying funds in which it invests. These indirect expenses make up the acquired fund fees and expenses, also expressed as a percentage of average net assets.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Six Months Ended April 30, 2020

Beginning

Ending

Expenses

Account Value

Paid During

STAR Fund

10/31/2019

4/30/2020

Period

Based on Actual Fund Return

$1,000.00

$989.72

$1.53

Based on Hypothetical 5% Yearly Return

1,000.00

1,023.32

1.56

The calculations are based on acquired fund fees and expenses charged by the underlying mutual funds in which the STAR Fund invests. The STAR Fund’s annualized expense figure for the period is 0.31%. The dollar amounts shown as ”Expenses Paid” are equal to the annualized average weighted expense ratio for the underlying funds multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (182/366).

STAR Fund

Underlying Vanguard Funds

As of April 30, 2020

Vanguard Windsor™ II Fund Investor Shares	14.3	%
Vanguard GNMA Fund Investor Shares	12.5
Vanguard Short-Term Investment-Grade Fund Investor Shares	12.4
Vanguard Long-Term Investment-Grade Fund Investor Shares	12.3
Vanguard U.S. Growth Fund Investor Shares	12.2
Vanguard International Growth Fund Investor Shares	9.5
Vanguard International Value Fund	9.3
Vanguard Windsor Fund Investor Shares	7.7
Vanguard PRIMECAP Fund Investor Shares	6.1
Vanguard Explorer™ Fund Investor Shares	3.7

The table reflects the fund's investments, except for short-term investments.

STAR Fund

Financial Statements (unaudited)

Schedule of Investments

As of April 30, 2020

			Market
			Value^•
		Shares	($000	)
Investment Companies (100.0%)
U.S. Stock Funds (44.0%)
	Vanguard Windsor II Fund Investor Shares	97,450,639	3,015,123
	Vanguard U.S. Growth Fund Investor Shares	58,285,721	2,583,223
	Vanguard Windsor Fund Investor Shares	94,388,876	1,622,545
	Vanguard PRIMECAP Fund Investor Shares	10,541,947	1,279,898
	Vanguard Explorer Fund Investor Shares	8,783,885	784,664
			9,285,453
International Stock Funds (18.8%)
	Vanguard International Growth Fund Investor Shares	65,738,423	1,996,476
	Vanguard International Value Fund	66,040,912	1,960,754
			3,957,230
U.S. Bond Funds (37.2%)
	Vanguard GNMA Fund Investor Shares	242,892,862	2,632,959
	Vanguard Short-Term Investment-Grade Fund Investor Shares	244,774,356	2,626,429
	Vanguard Long-Term Investment-Grade Fund Investor Shares	225,021,378	2,601,247
			7,860,635
Total Investment Companies (Cost $14,658,586)			21,103,318
Temporary Cash Investment (0.0%)
Money Market Fund (0.0%)
¹	Vanguard Market Liquidity Fund, 0.522% (Cost $797)	7,971	797
Total Investments (100.0%) (Cost $14,659,383)			21,104,115
Other Assets and Liabilities—Net (0.0%)			(407	)
Net Assets (100%)			21,103,708

Cost rounded to $000.

•	See Note A in Notes to Financial Statements.

1	Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

See accompanying Notes, which are an integral part of the Financial Statements.

STAR Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)	Amount
Assets
Investments in Securities, at Value—Affiliated Funds (Cost $14,659,383)	21,104,115
Receivables for Investment Securities Sold	4,248
Receivables for Accrued Income	16,490
Receivables for Capital Shares Issued	5,580
Total Assets	21,130,433
Liabilities
Payables for Investment Securities Purchased	16,490
Payables for Capital Shares Redeemed	10,235
Total Liabilities	26,725
Net Assets	21,103,708

At April 30, 2020, net assets consisted of:

Paid-in Capital	13,887,197
Total Distributable Earnings (Loss)	7,216,511
Net Assets	21,103,708

Net Assets
Applicable to 816,054,308 outstanding $.001 par value shares of beneficial interest (unlimited authorization)	21,103,708
Net Asset Value Per Share	$25.86

See accompanying Notes, which are an integral part of the Financial Statements.

STAR Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
	($000	)
Investment Income
Income
Income Distributions Received from Affiliated Funds	281,756
Other Income	35
Net Investment Income—Note B	281,791
Realized Net Gain (Loss)
Capital Gain Distributions Received from Affiliated Funds	651,439
Affiliated Funds Sold	77,240
Realized Net Gain (Loss)	728,679
Change in Unrealized Appreciation (Depreciation) from Affiliated Funds	(1,262,817	)
Net Increase (Decrease) in Net Assets Resulting from Operations	(252,347	)

See accompanying Notes, which are an integral part of the Financial Statements.

STAR Fund

Statement of Changes in Net Assets

	Six Months Ended		Year Ended
	April 30,		October 31,
	2020		2019
	($000	)	($000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income	281,791		469,974
Realized Net Gain (Loss)	728,679		988,577
Change in Unrealized Appreciation (Depreciation)	(1,262,817	)	1,098,776
Net Increase (Decrease) in Net Assets Resulting from Operations	(252,347	)	2,557,327
Distributions1
Total Distributions	(1,164,928	)	(1,306,462	)
Capital Share Transactions
Issued	797,576		1,219,901
Issued in Lieu of Cash Distributions	1,101,778		1,238,073
Redeemed	(1,603,071	)	(2,282,638	)
Net Increase (Decrease) from Capital Share Transactions	296,283		175,336
Total Increase (Decrease)	(1,120,992	)	1,426,201
Net Assets
Beginning of Period	22,224,700		20,798,499
End of Period	21,103,708		22,224,700

1	Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

STAR Fund

Financial Highlights

	Six Months
	Ended
For a Share Outstanding	April 30,						Year Ended October 31,
Throughout Each Period	2020		2019		2018		2017		2016		2015
Net Asset Value, Beginning of Period	$27.51		$26.10		$27.15		$24.32		$24.76		$25.27
Investment Operations
Net Investment Income	.342	¹	.576	¹	.537	¹	.503¹		.470		.523
Capital Gain Distributions Received	.792	¹	1.177	¹	.711	¹	.470¹		.683		.319
Net Realized and Unrealized Gain (Loss)
on Investments	(1.334	)	1.310		(1.070	)	2.993		(.293	)	(.329	)
Total from Investment Operations	(.200	)	3.063		.178		3.966		.860		.513
Distributions
Dividends from Net Investment Income	(.366	)	(.613	)	(.514	)	(.499	)	(.477	)	(.530	)
Distributions from Realized Capital Gains	(1.084	)	(1.040	)	(.714	)	(.637	)	(.823	)	(.493	)
Total Distributions	(1.450	)	(1.653	)	(1.228)		(1.136	)	(1.300	)	(1.023	)
Net Asset Value, End of Period	$25.86		$27.51		$26.10		$27.15		$24.32		$24.76

Total Return²	-1.03%		12.72%		0.54%		16.96%		3.68%		2.03%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$21,104		$22,225		$20,798		$21,270		$18,715		$18,830
Ratio of Total Expenses to
Average Net Assets	—		—		—		—		—		—
Acquired Fund Fees and Expenses	0.31%		0.31%		0.31%		0.32%		0.32%		0.34%
Ratio of Net Investment Income to
Average Net Assets	2.03%		2.20%		1.98%		1.98%		1.95%		2.06%
Portfolio Turnover Rate	18%		14%		11%		7%		12%		8%

The expense ratio, acquired fund fees and expenses, and net investment income ratio for the current period have been annualized.

1	Calculated based on average shares outstanding.

2	Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

See accompanying Notes, which are an integral part of the Financial Statements.

STAR Fund

Notes to Financial Statements

Vanguard STAR Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund follows a balanced investment strategy by investing in selected Vanguard funds. The fund invests 60% to 70% of its net assets in stock funds (predominantly large-capitalization U.S. stock funds), 20% to 30% in intermediate- to long-term bond funds, and 10% to 20% in a short-term bond fund. Financial statements and other information about each underlying fund are available on vanguard.com.

2. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2016–2019), and for the period ended April 30, 2020, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

3. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.

4. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and, effective May 2020, an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.

STAR Fund

borrowings normally extend overnight, but can have a maximum duration of seven days. Loans may be called on one business day’s notice. The interest rate to be charged is governed by the conditions of the Order and internal procedures adopted by the board of trustees. The board of trustees is responsible for overseeing the Interfund Lending Program.

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

5. Other: Income and capital gain distributions received are recorded on the ex-dividend date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

B. In accordance with the terms of a Funds’ Service Agreement (the “FSA”) between Vanguard and the fund, Vanguard furnishes to the fund investment advisory, corporate management, administrative, marketing, and distribution services at Vanguard’s cost of operations (as defined by the FSA). These costs of operations are allocated to the fund based on methods and guidelines approved by the board of trustees. The FSA provides that expenses otherwise allocable to Vanguard funds-of-funds may be reduced or eliminated to the extent of savings realized by the underlying Vanguard funds by virtue of being part of a fund-of-funds. Accordingly, all expenses for services provided by Vanguard to the fund and all other expenses incurred by the fund during the period ended April 30, 2020, were borne by the underlying Vanguard funds in which the fund invests. The fund’s trustees and officers are also trustees and officers, respectively, of the underlying Vanguard funds, as well as directors and employees, respectively, of Vanguard.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

At April 30, 2020, 100% of the market value of the fund’s investments was determined based on Level 1 inputs.

D. As of April 30, 2020, gross unrealized appreciation and depreciation for investments based on cost for U.S. federal income tax purposes were as follows:

	Amount
	($000)
Tax Cost	14,659,383
Gross Unrealized Appreciation	6,615,567
Gross Unrealized Depreciation	(170,835)
Net Unrealized Appreciation (Depreciation)	6,444,732

STAR Fund

E. Capital shares issued and redeemed were:

	Six Months Ended	Year Ended
	April 30, 2020	October 31, 2019
	Shares	Shares
	(000)	(000)
Issued	29,839	46,933
Issued in Lieu of Cash Distributions	40,152	51,615
Redeemed	(61,876)	(87,627)
Net Increase (Decrease) in Shares Outstanding	8,115	10,921

F. Transactions during the period in affiliated underlying Vanguard funds were as follows:

					Current Period Transactions
	Oct. 31,		Proceeds	Realized				April 30,
	2019		from	Net	Change in		Capital Gain	2020
	Market	Purchases	Securities	Gain	Unrealized	Distributions		Market
	Value	at Cost	Sold	(Loss)	App. (Dep.)	Income	Received	Value
	($000)	($000)	($000)	($000)	($000)	($000)	($000)	($000)
Vanguard Market
Liquidity Fund	1,845	NA¹	NA¹	3	—	6	—	797
Vanguard
Explorer Fund	835,231	211,427	173,343	(2,956)	(85,695)	2,386	39,618	784,664
Vanguard
GNMA Fund	2,758,781	495,378	680,707	(2,588)	62,095	32,062	—	2,632,959
Vanguard
International
Growth Fund	2,093,558	113,739	245,500	17,889	16,790	26,916	—	1,996,476
Vanguard
International
Value Fund	2,093,375	353,417	79,604	(4,186)	(402,248)	63,222	—	1,960,754
Vanguard
Long-Term
Investment-Grade
Fund	2,793,967	484,543	793,945	63,655	53,027	46,950	53,383	2,601,247
Vanguard
PRIMECAP Fund	1,345,064	230,930	124,234	749	(172,611)	16,231	79,337	1,279,898
Vanguard
Short-Term
Investment-Grade
Fund	2,754,017	526,679	655,437	3,273	(2,103)	35,463	—	2,626,429

STAR Fund

					Current Period Transactions
	Oct. 31,		Proceeds	Realized				April 30,
	2019		from	Net	Change in		Capital Gain	2020
	Market	Purchases	Securities	Gain	Unrealized	Distributions		Market
	Value	at Cost	Sold	(Loss)	App. (Dep.)	Income	Received	Value
	($000)	($000)	($000)	($000)	($000)	($000)	($000)	($000)
Vanguard U.S.
Growth Fund	2,683,465	307,812	586,550	65,696	112,800	7,534	100,903	2,583,223
Vanguard
Windsor Fund	1,713,977	536,371	260,275	(15,202)	(352,326)	18,494	137,972	1,622,545
Vanguard
Windsor II Fund	3,153,875	831,021	428,134	(49,093)	(492,546)	32,492	240,226	3,015,123
Total	22,227,155	4,091,317	4,027,729	77,240	(1,262,817)	281,756	651,439	21,104,115

1 Not applicable—purchases and sales are for temporary cash investment purposes.

G. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

Trustees Approve Advisory Arrangement

The board of trustees of Vanguard STAR Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard), through its Equity Index Group. The board determined that continuing the fund’s internalized management structure was in the best interests of the fund and its shareholders.

The board based its decision upon an evaluation of the advisor’s investment staff, portfolio management process, and performance. This evaluation included information provided to the board by Vanguard’s Portfolio Review Department, which is responsible for fund and advisor oversight and product management. The Portfolio Review Department met regularly with the advisor and made monthly presentations to the board during the fiscal year that directed the board’s focus to relevant information and topics.

The board, or an investment committee made up of board members, also received information throughout the year during advisor presentations. For each advisor presentation, the board was provided with letters and reports that included information about, among other things, the advisory firm and the advisor’s assessment of the investment environment, portfolio performance, and portfolio characteristics.

In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.

Prior to their meeting, the trustees were provided with a memo and materials that summarized the information they received over the course of the year. They also considered the factors discussed below, among others. However, no single factor determined whether the board approved the arrangement. Rather, it was the totality of the circumstances that drove the board’s decision.

Nature, extent, and quality of services

The board reviewed the quality of the fund’s investment management services over both the short and long term, and took into account the organizational depth and stability of the advisor. The board considered that Vanguard has been managing investments for more than four decades. The Equity Index Group adheres to a sound, disciplined investment management process; the team has considerable experience, stability, and depth.

The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.

Investment performance

The board considered the short- and long-term performance of the fund, including any periods of outperformance or underperformance compared with a relevant benchmark index and peer group. The board concluded that the performance was such that the advisory arrangement should continue.

Cost

The board concluded that the fund’s acquired fund fees and expenses were well below the average expense ratio charged by funds in its peer group. The fund does not incur advisory expenses directly; however, the board noted that each of the underlying funds in which the fund invests has advisory expenses well below the relevant peer-group average.

The board does not conduct a profitability analysis of Vanguard because of Vanguard’s unique structure. Unlike most other mutual fund management companies, Vanguard is owned by the funds it oversees.

The benefit of economies of scale

The board concluded that the fund’s arrangement with Vanguard ensures that the fund will realize economies of scale as the assets of the underlying funds grow, with the cost to shareholders declining as fund assets increase.

The board will consider whether to renew the advisory arrangement again after a one-year period.

Liquidity Risk Management

The board of trustees of Vanguard STAR Funds approved the appointment of liquidity risk management program administrators responsible for administering Vanguard STAR Fund’s Program and for carrying out the specific responsibilities set forth in the Program, including reporting to the board on at least an annual basis regarding the Program’s operation, its adequacy, and the effectiveness of its implementation for the past year (the “Program Administrator Report”). The board has reviewed the Program Administrator Report covering the period from December 1, 2018, through December 31, 2019 (the “Review Period”). The Program Administrator Report stated that during the Review Period the Program operated and was implemented effectively to manage the fund’s liquidity risk.

This page intentionally left blank.

Connect with Vanguard^® > vanguard.com

Fund Information > 800-662-7447

Direct Investor Account Services > 800-662-2739

Institutional Investor Services > 800-523-1036

Text Telephone for People

Who Are Deaf or Hard of Hearing > 800-749-7273

This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.

You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.

	© 2020 The Vanguard Group, Inc.
	All rights reserved.
	Vanguard Marketing Corporation, Distributor.

	Q562 062020

Semiannual Report | April 30, 2020

Vanguard Total International Stock Index Fund

See the inside front cover for important information about access to your fund’s annual and semiannual shareholder reports.

Important information about access to shareholder reports

Contents

About Your Fund’s Expenses	1

Financial Statements	4

Trustees Approve Advisory Arrangement	34

Liquidity Risk Management	36

About Your Fund’s Expenses

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

• Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The “Ending Account Value” shown is derived from the fund’s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

• Based on hypothetical 5% yearly return. This section is intended to help you compare your fund’s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Six Months Ended April 30, 2020

	Beginning	Ending	Expenses
	Account Value	Account Value	Paid During
Total International Stock Index Fund	10/31/2019	4/30/2020	Period
Based on Actual Fund Return
Investor Shares	$1,000.00	$862.20	$0.79
ETF Shares	1,000.00	862.22	0.37
Admiral™ Shares	1,000.00	861.87	0.51
Institutional Shares	1,000.00	862.17	0.37
Institutional Plus Shares	1,000.00	862.25	0.32
Institutional Select Shares	1,000.00	862.43	0.21
Based on Hypothetical 5% Yearly Return
Investor Shares	$1,000.00	$1,024.02	$0.86
ETF Shares	1,000.00	1,024.47	0.40
Admiral Shares	1,000.00	1,024.32	0.55
Institutional Shares	1,000.00	1,024.47	0.40
Institutional Plus Shares	1,000.00	1,024.52	0.35
Institutional Select Shares	1,000.00	1,024.64	0.23

The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for that period are 0.17% for Investor Shares, 0.08% for ETF Shares, 0.11% for Admiral Shares, 0.08% for Institutional Shares, 0.07% for Institutional Plus Shares, and 0.045% for Institutional Select Shares. The dollar amounts shown as “Expenses Paid” are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (182/366).

Total International Stock Index Fund

Fund Allocation

As of April 30, 2020

Basic Materials	6.8	%
Consumer Goods	14.4
Consumer Services	9.7
Financials	21.7
Health Care	10.4
Industrials	14.1
Oil & Gas	5.0
Other	0.0
Technology	10.9
Telecommunications	3.5
Utilities	3.5

The table reflects the fund’s investments, except for short-term investments and derivatives. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.

The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, attempting to remain fully invested and tracking their target index as closely as possible.

The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss or damage arising out of any error or omission in the ICB.

Total International Stock Index Fund

Financial Statements (unaudited)

Schedule of Investments—Investments Summary

As of April 30, 2020

This Statement summarizes the fund’s holdings by asset type. Details are reported for each of the fund’s 50 largest individual holdings and for investments that, in total for any issuer, represent more than 1% of the fund’s net assets. The total value of smaller holdings is reported as a single amount within each category.

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) four times in each fiscal year. For the second and fourth quarters the complete list of the fund’s holdings is available on vanguard.com and on Form N-CSR, or you can have it mailed to you without charge by calling 800-662-7447. For the first and third quarters of each fiscal year, the complete list of the fund’s holdings is available as an exhibit to its reports on Form N-PORT. The fund’s Form N-CSR and Form N-PORT reports are available on the SEC’s website at www.sec.gov.

			Market		Percentage
			Value•		of Net
		Shares	($000	)	Assets
Common Stocks
Argentina †			—		0.0%

Australia
	CSL Ltd.	7,903,451	1,575,380		0.4%
	Commonwealth Bank of Australia	30,913,101	1,248,786		0.3%
	BHP Group Ltd.	51,441,744	1,050,152		0.3%
^§,1	Australia—Other †		12,469,928		3.4%
			16,344,246		4.4%

¹Austria †			647,211		0.2%

Belgium †			2,483,395		0.7%

Brazil
	CPFL Energia SA	3,338,300	17,828		0.0%
¹	Brazil—Other †		4,966,608		1.3%
			4,984,436		1.3%
Canada
	Royal Bank of Canada	25,179,394	1,548,986		0.4%
	Toronto-Dominion Bank	31,720,488	1,325,381		0.3%
^*	Shopify Inc.	1,745,136	1,106,772		0.3%
	Canadian National Railway Co.	12,421,422	1,027,214		0.3%
	Enbridge Inc. (XTSE)	31,970,930	979,604		0.3%
¹	Canada—Other ��		18,309,212		4.9%
			24,297,169		6.5%

Chile †			685,337		0.2%

China
^*	Alibaba Group Holding Ltd. ADR	30,668,078	6,215,499		1.7%
	Tencent Holdings Ltd.	99,594,819	5,235,644		1.4%

Total International Stock Index Fund

			Market		Percentage
			Value•		of Net
		Shares	($000	)	Assets
	China Construction Bank Corp. Class H	1,621,633,674	1,301,626		0.4%
	Ping An Insurance Group Co. of China Ltd.	95,845,698	975,351		0.3%
	Industrial & Commercial Bank of China Ltd. Class H	1,368,457,436	917,563		0.3%
	China Mobile Ltd.	92,202,742	741,223		0.2%
	Bank of China Ltd. Class H	1,335,960,199	508,604		0.2%
	CNOOC Ltd.	277,269,496	306,555		0.1%
	China Life Insurance Co. Ltd. Class H	130,804,802	278,967		0.1%
	China Overseas Land & Investment Ltd.	67,262,002	248,462		0.1%
	Agricultural Bank of China Ltd. Class H	548,601,854	228,209		0.1%
	China Petroleum & Chemical Corp. Class H	451,059,280	224,814		0.1%
	China Resources Land Ltd.	48,210,934	199,218		0.1%
^*	Alibaba Health Information Technology Ltd.	67,123,147	160,559		0.1%
	China Resources Beer Holdings Co. Ltd.	27,651,604	130,234		0.1%
	PetroChina Co. Ltd. Class H	356,622,919	128,096		0.1%
	PICC Property & Casualty Co. Ltd. Class H	118,659,229	113,550		0.0%
	China Shenhua Energy Co. Ltd. Class H	61,041,006	108,140		0.0%
¹	Postal Savings Bank of China Co. Ltd. Class H	161,903,079	96,746		0.0%
	CITIC Ltd.	86,231,252	89,560		0.0%
	China Telecom Corp. Ltd. Class H	243,235,616	84,014		0.0%
	China Resources Gas Group Ltd.	13,998,069	78,674		0.0%
	China CITIC Bank Corp. Ltd. Class H	153,186,455	74,837		0.0%
	Sinopharm Group Co. Ltd. Class H	21,863,796	58,953		0.0%
	China Resources Cement Holdings Ltd.	39,337,470	53,527		0.0%
	China Communications Construction Co. Ltd. Class H	79,455,149	53,405		0.0%
	Agricultural Bank of China Ltd. Class A	102,468,300	50,090		0.0%
^*,1	CGN Power Co. Ltd. Class H	194,310,885	48,879		0.0%
¹	People’s Insurance Co. Group of China Ltd. Class H	141,993,409	46,472		0.0%
	China Taiping Insurance Holdings Co. Ltd.	25,745,405	43,407		0.0%
	Industrial & Commercial Bank of China Ltd. Class A	59,237,498	43,235		0.0%
	China Railway Group Ltd. Class H	66,230,471	39,601		0.0%
	China Resources Power Holdings Co. Ltd.	33,120,592	39,230		0.0%
	CRRC Corp. Ltd. Class H	72,228,919	38,235		0.0%
	China Railway Construction Corp. Ltd. Class H	34,578,870	37,968		0.0%
	Dongfeng Motor Group Co. Ltd. Class H	51,247,816	33,991		0.0%
	Kunlun Energy Co. Ltd.	52,131,874	33,964		0.0%
¹	China Galaxy Securities Co. Ltd. Class H	63,604,765	32,299		0.0%
	China Cinda Asset Management Co. Ltd. Class H	161,690,775	31,338		0.0%
^*	Alibaba Pictures Group Ltd.	232,496,993	31,140		0.0%
	China Longyuan Power Group Corp. Ltd. Class H	60,566,346	30,273		0.0%
^{^ ,1}	China International Capital Corp. Ltd. Class H	19,628,549	30,144		0.0%
	China Merchants Port Holdings Co. Ltd.	22,922,510	29,503		0.0%
	China Yangtze Power Co. Ltd. Class A	11,621,483	28,627		0.0%
	Zhuzhou CRRC Times Electric Co. Ltd. Class H	9,130,379	27,931		0.0%
	Bank of China Ltd. Class A	56,321,600	27,683		0.0%
	China Oilfield Services Ltd. Class H	34,257,604	26,684		0.0%
	China Overseas Property Holdings Ltd.	23,544,808	26,031		0.0%
	China State Construction Engineering Corp. Ltd. Class A	35,143,738	25,831		0.0%
	Air China Ltd. Class H	33,187,059	23,663		0.0%
	China State Construction International Holdings Ltd.	30,479,666	23,631		0.0%
^*	Tencent Music Entertainment Group ADR	1,946,361	22,208		0.0%
¹	China Huarong Asset Management Co. Ltd. Class H	193,381,692	21,553		0.0%
	Beijing Capital International Airport Co. Ltd. Class H	31,741,490	21,267		0.0%
	China International Travel Service Corp. Ltd. Class A	1,611,092	20,652		0.0%
¹	China Resources Pharmaceutical Group Ltd.	29,481,504	18,515		0.0%
	AviChina Industry & Technology Co. Ltd. Class H	44,368,976	17,511		0.0%

Total International Stock Index Fund

			Market		Percentage
			Value•		of Net
		Shares	($000	)	Assets
	Sinopec Shanghai Petrochemical Co. Ltd. Class H	64,139,134	17,414		0.0%
^*,1	China Literature Ltd.	3,884,955	17,342		0.0%
	Shenwan Hongyuan Group Co. Ltd. Class A	27,603,432	16,940		0.0%
^{^}	China Southern Airlines Co. Ltd. Class H	32,469,338	16,236		0.0%
	CRRC Corp. Ltd. Class A	18,443,228	16,046		0.0%
	China Power International Development Ltd.	77,109,907	15,705		0.0%
^*	HUYA Inc. ADR	942,236	15,292		0.0%
	China Life Insurance Co. Ltd. Class A	3,789,302	15,153		0.0%
	China Petroleum & Chemical Corp. Class A	23,888,516	15,042		0.0%
	China Merchants Shekou Industrial Zone Holdings Co. Ltd.Class A	6,123,387	14,679		0.0%
^{*,^}	China Eastern Airlines Corp. Ltd. Class H	34,859,903	14,167		0.0%
	China Construction Bank Corp. Class A	13,864,801	12,584		0.0%
^*,1	China Railway Signal & Communication Corp. Ltd. Class H	25,057,867	12,385		0.0%
	China Reinsurance Group Corp. Class H	104,519,251	12,247		0.0%
	Daqin Railway Co. Ltd. Class A	11,877,555	12,051		0.0%
^*	Alibaba Group Holding Ltd.	464,200	11,781		0.0%
	China Railway Construction Corp. Ltd. Class A	8,345,200	11,432		0.0%
¹	Sinopec Engineering Group Co. Ltd. Class H	23,702,780	11,364		0.0%
	China CITIC Bank Corp. Ltd. Class A	14,353,484	10,524		0.0%
	China Shenhua Energy Co. Ltd. Class A	4,494,666	10,099		0.0%
^*	Citic Pacific Special Steel Group Co. Ltd. Class A	4,450,246	10,065		0.0%
	Angang Steel Co. Ltd. Class H	36,265,390	9,776		0.0%
	China Coal Energy Co. Ltd. Class H	34,304,267	9,178		0.0%
	Sinotrans Ltd. Class H	33,278,377	8,072		0.0%
	Metallurgical Corp. of China Ltd. Class H	40,414,700	7,014		0.0%
	China National Nuclear Power Co. Ltd. Class A	11,320,400	6,920		0.0%
	Huadian Fuxin Energy Corp. Ltd. Class H	38,204,617	6,791		0.0%
	Sinopec Kantons Holdings Ltd.	14,806,826	6,545		0.0%
	Metallurgical Corp. of China Ltd. Class A	16,923,594	6,112		0.0%
^{^}	Maanshan Iron & Steel Co. Ltd. Class H	16,974,000	5,505		0.0%
^*	China Merchants Energy Shipping Co. Ltd. Class A	5,695,821	5,434		0.0%
	Power Construction Corp. of China Ltd. Class A	8,849,109	4,447		0.0%
	China Spacesat Co. Ltd. Class A	962,800	4,442		0.0%
	Unisplendour Corp. Ltd. Class A	733,323	4,294		0.0%
	China BlueChemical Ltd. Class H	27,507,479	4,106		0.0%
	China National Chemical Engineering Co. Ltd. Class A	4,341,180	3,756		0.0%
	China Machinery Engineering Corp. Class H	13,202,836	3,622		0.0%
	China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A	879,241	3,584		0.0%
	China Foods Ltd.	10,732,535	3,537		0.0%
	China Coal Energy Co. Ltd. Class A	6,558,754	3,536		0.0%
	Shanghai Electric Power Co. Ltd. Class A	3,350,703	3,487		0.0%
	Heilongjiang Agriculture Co. Ltd. Class A	1,376,500	3,307		0.0%
	Dongxing Securities Co. Ltd. Class A	2,159,122	3,238		0.0%
	China Communications Construction Co. Ltd. Class A	2,812,018	3,170		0.0%
	Zhongjin Gold Corp. Ltd. Class A	2,642,300	3,126		0.0%
^*	Sinopec Oilfield Service Corp. Class H	42,980,225	3,114		0.0%
	China National Medicines Corp. Ltd. Class A	705,588	3,097		0.0%
^*	China Great Wall Securities Co. Ltd. Class A	1,860,100	3,094		0.0%
	China Galaxy Securities Co. Ltd. Class A	2,228,700	3,091		0.0%
^*	Shennan Circuits Co. Ltd. Class A	94,896	3,056		0.0%
^*	Harbin Electric Co. Ltd. Class H	10,758,569	2,978		0.0%
	China CSSC Holdings Ltd. Class A	1,120,081	2,947		0.0%

Total International Stock Index Fund

			Market		Percentage
			Value•		of Net
		Shares	($000	)	Assets
	China Southern Airlines Co. Ltd. Class A	3,846,200	2,912		0.0%
^*	China Eastern Airlines Corp. Ltd. Class A	4,687,500	2,879		0.0%
^*	China Satellite Communications Co. Ltd. Class A	1,179,400	2,827		0.0%
	AVICOPTER plc Class A	451,797	2,820		0.0%
	China National Accord Medicines Corp. Ltd. Class B	996,449	2,709		0.0%
	Grandjoy Holdings Group Co. Ltd. Class A	3,548,646	2,695		0.0%
	China Merchants Land Ltd.	15,665,717	2,601		0.0%
	Offshore Oil Engineering Co. Ltd. Class A	3,694,200	2,576		0.0%
	Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Class A	2,176,604	2,408		0.0%
	Sinopec Shanghai Petrochemical Co. Ltd. Class A	4,265,800	2,406		0.0%
	FAW CAR Co. Ltd. Class A	1,699,585	2,380		0.0%
	Sinofert Holdings Ltd.	25,211,479	2,328		0.0%
	Sinotrans Ltd. Class A	5,012,021	2,297		0.0%
	Air China Ltd. Class A	2,194,300	2,227		0.0%
	Cinda Real Estate Co. Ltd. Class A	3,933,001	2,178		0.0%
^*	COSCO Shipping International Singapore Co. Ltd.	13,368,594	2,167		0.0%
^*	CSSC Offshore and Marine Engineering Group Co. Ltd. Class A	1,005,220	2,118		0.0%
^*	CSSC Offshore and Marine Engineering Group Co. Ltd. Class H	3,299,622	2,082		0.0%
	Guangxi Guiguan Electric Power Co. Ltd. Class A	3,428,106	2,080		0.0%
^*	CNOOC Energy Technology & Services Ltd. Class A	6,304,400	2,061		0.0%
	Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A	5,583,376	1,988		0.0%
	China National Accord Medicines Corp. Ltd. Class A	341,818	1,975		0.0%
	Bluestar Adisseo Co. Class A	1,108,812	1,862		0.0%
	Sinochem International Corp. Class A	2,540,980	1,764		0.0%
	Haohua Chemical Science & Technology Co. Ltd. Class A	702,400	1,724		0.0%
^*	Sinopec Oilfield Service Corp. Class A	6,346,700	1,680		0.0%
	China Merchants Expressway Network & Technology Holdings Co. Ltd. Class A	1,647,054	1,675		0.0%
	Maanshan Iron & Steel Co. Ltd. Class A	4,268,961	1,578		0.0%
	Norinco International Cooperation Ltd. Class A	1,422,425	1,534		0.0%
	China Oilfield Services Ltd. Class A	815,900	1,426		0.0%
^*	COFCO Capital Holdings Co. Ltd. Class A (XSEC)	1,139,184	1,361		0.0%
	Tian Di Science & Technology Co. Ltd. Class A	3,143,545	1,344		0.0%
^*	China Tungsten And Hightech Materials Co. Ltd. Class A	1,656,960	1,322		0.0%
^*	China Aluminum International Engineering Corp. Ltd. Class A	2,364,100	1,311		0.0%
	China Zhenhua Group Science & Technology Co. Ltd. Class A	458,900	1,303		0.0%
	Angang Steel Co. Ltd. Class A	3,438,650	1,276		0.0%
^*	CGN Power Co. Ltd. Class A	3,042,100	1,223		0.0%
	ADAMA Ltd. Class A	879,588	1,198		0.0%
	China CAMC Engineering Co. Ltd. Class A	1,089,000	1,130		0.0%
	CITIC Resources Holdings Ltd.	33,082,891	1,113		0.0%
^*	China Merchants Port Group Co. Ltd. Class A	521,300	1,043		0.0%
	Grinm Advanced Materials Co. Ltd. Class A	568,800	998		0.0%
^*	SGIS Songshan Co. Ltd. Class A	1,663,800	875		0.0%
	Sinosteel Engineering & Technology Co. Ltd. Class A	1,458,780	851		0.0%
^*	COFCO Capital Holdings Co. Ltd. Class A (XSHE)	631,200	753		0.0%
	China West Construction Group Co. Ltd. Class A	482,477	652		0.0%
	Poly Culture Group Corp. Ltd. Class H	1,192,688	581		0.0%
^*	China Chengtong Development Group Ltd.	16,618,993	367		0.0%
	China Merchants Port Group Co. Ltd. Class B	11,300	10		0.0%
^§,1	China—Other †		16,661,281		4.5%
			36,762,459		9.9%

Total International Stock Index Fund

			Market		Percentage
			Value•		of Net
		Shares	($000	)	Assets
Colombia †			258,373		0.1%

¹Czech Republic †			115,322		0.0%

Denmark
	Novo Nordisk A/S Class B	28,848,179	1,840,226		0.5%
^§,1	Denmark—Other †		3,407,722		0.9%
			5,247,948		1.4%

Egypt †			164,968		0.0%

Finland †			3,044,116		0.8%

France
^{^}	Sanofi	18,912,679	1,847,280		0.5%
	LVMH Moet Hennessy Louis Vuitton SE	4,341,287	1,678,318		0.4%
^{^}	Total SA	41,646,978	1,478,158		0.4%
^§,1	France—Other †		17,432,655		4.7%
			22,436,411		6.0%
Germany
	SAP SE	16,889,821	2,011,709		0.5%
	Allianz SE	7,230,751	1,330,691		0.4%
	Siemens AG	13,206,877	1,218,777		0.3%
	Bayer AG	17,162,733	1,128,787		0.3%
¹	Germany—Other †		14,422,191		3.9%
			20,112,155		5.4%
Greece
	Piraeus Port Authority SA	14,316	268		0.0%
^§	Greece—Other †		258,527		0.1%
			258,795		0.1%
Hong Kong
	AIA Group Ltd.	211,013,818	1,936,636		0.5%
	BOC Hong Kong Holdings Ltd.	62,756,706	192,609		0.1%
¹	BOC Aviation Ltd.	3,651,590	24,969		0.0%
	CITIC Telecom International Holdings Ltd.	23,292,811	8,619		0.0%
^{*,^}	MMG Ltd.	42,841,852	7,414		0.0%
^{^}	Nexteer Automotive Group Ltd.	13,625,497	7,003		0.0%
	China Travel International Investment Hong Kong Ltd.	39,338,718	5,508		0.0%
¹	CGN New Energy Holdings Co. Ltd.	20,715,020	4,290		0.0%
^{^}	Shenwan Hongyuan HK Ltd.	5,211,709	601		0.0%
^§,1	Hong Kong—Other †		6,942,158		1.9%
			9,129,807		2.5%

Hungary †			229,810		0.1%

India
	Reliance Industries Ltd.	54,255,889	1,054,898		0.3%
	Nestle India Ltd.	406,724	96,475		0.0%
^§,1	India—Other †		7,593,855		2.1%
			8,745,228		2.4%

Total International Stock Index Fund

		Market			Percentage
		Value•			of Net
	Shares		($000	)		Assets
^§Indonesia †			1,452,034			0.4%

^§Ireland †			952,704			0.3%

Israel †			1,429,912			0.4%

Italy
Enel SPA	135,366,654		924,619			0.2%
1 Pirelli & C SPA	7,532,052		29,167			0.0%
^§,1Italy—Other †			4,711,687			1.3%
			5,665,473			1.5%
Japan
Toyota Motor Corp.	42,898,007		2,652,249			0.7%
Sony Corp.	21,414,798		1,378,130			0.4%
SoftBank Group Corp.	28,270,443		1,211,746			0.3%
Keyence Corp.	3,138,166		1,120,363			0.3%
Takeda Pharmaceutical Co. Ltd.	25,055,297		903,530			0.3%
Mitsubishi UFJ Financial Group Inc.	217,392,172		878,264			0.2%
Chugai Pharmaceutical Co. Ltd.	3,780,600		450,654			0.1%
Japan—Other †			56,002,477			15.1%
			64,597,413			17.4%

Kuwait †			692,627			0.2%

Luxembourg †			2,692			0.0%

Malaysia
Nestle Malaysia Bhd.	1,068,370		34,771			0.0%
^§,1 Malaysia—Other †			2,222,443			0.6%
			2,257,214			0.6%

^§Malta †			—			0.0%

1Mexico †			1,877,272			0.5%

Netherlands
ASML Holding NV	6,987,040		2,040,821			0.5%
Unilever NV	23,861,627		1,188,298			0.3%
^§,1Netherlands—Other †			6,189,739			1.7%
			9,418,858			2.5%

New Zealand †			980,431			0.3%

Norway
¹ Elkem ASA	4,066,601		6,764			0.0%
¹ Norway—Other †			1,790,300			0.5%
			1,797,064			0.5%
Other²
³ Vanguard FTSE Emerging Markets ETF	15,759,336		570,015			0.2%

Pakistan †			101,842			0.0%

Total International Stock Index Fund

		Market			Percentage
		Value•			of Net
	Shares		($000	)		Assets
^§Peru †			27,858			0.0%

^§,1Philippines †			921,345			0.2%

^§,1Poland †			735,713			0.2%

Portugal †			498,722			0.1%

Qatar †			918,421			0.2%

^§,1Russia †			3,002,604			0.8%

¹Saudi Arabia †			2,294,816			0.6%

^§Singapore †			3,144,880			0.8%

South Africa
Naspers Ltd.	7,545,094		1,174,383			0.3%
^§,1 South Africa—Other †			2,491,353			0.7%
			3,665,736			1.0%
South Korea
Samsung Electronics Co. Ltd.	81,556,313		3,353,397			0.9%
Samsung Electronics Co. Ltd. Preference Shares	14,847,600		514,701			0.2%
Tongyang Life Insurance Co. Ltd.	436,665		1,062			0.0%
Samsung Electronics Co. Ltd. GDR	781		812			0.0%
^§,1 South Korea—Other †			8,263,622			2.2%
			12,133,594			3.3%
Spain
* Iberdrola SA	103,285,943		1,027,471			0.3%
^§,1Spain—Other †			4,707,544			1.2%
			5,735,015			1.5%

¹Sweden†			7,625,583			2.0%

Switzerland
*   Nestle SA	50,417,001		5,339,666			1.4%
Roche Holding AG	12,173,818		4,215,761			1.1%
Novartis AG	37,108,122		3,166,750			0.9%
Roche Holding AG (Bearer)	417,124		144,870			0.1%
^§,1 Switzerland—Other †			10,750,688			2.9%
			23,617,735			6.4%
Taiwan
Taiwan Semiconductor Manufacturing Co. Ltd.	419,108,748		4,227,885			1.1%
Taiwan Semiconductor Manufacturing Co. Ltd. ADR	45		2			0.0%
^§ Taiwan—Other †			10,174,049			2.8%
			14,401,936			3.9%

^§Thailand †			2,805,470			0.8%

^§,1Turkey †			591,501			0.2%

^§United Arab Emirates †			682,018			0.2%

Total International Stock Index Fund

				Market			Percentage
				Value^•			of Net
			Shares		($000	)		Assets
United Kingdom
AstraZeneca plc			22,921,277		2,397,402			0.6%
HSBC Holdings plc			353,384,085		1,816,395			0.5%
GlaxoSmithKline plc			85,570,054		1,785,227			0.5%
British American Tobacco plc			39,574,925		1,525,397			0.4%
Diageo plc			40,246,114		1,385,678			0.4%
BP plc			347,746,819		1,370,278			0.4%
Royal Dutch Shell plc Class A (XLON)			71,758,459		1,181,459			0.3%
Royal Dutch Shell plc Class B			65,036,227		1,041,150			0.3%
Unilever plc			19,012,860		979,021			0.3%
Reckitt Benckiser Group plc			10,986,806		915,205			0.2%
Rio Tinto plc			19,196,605		891,087			0.2%
^§,1United Kingdom—Other †					21,053,398			5.7%
					36,341,697			9.8%
Total Common Stocks (Cost $390,569,707)					366,887,381			98.8%

	Coupon
Temporary Cash Investments
Money Market Fund
^4,5 Vanguard Market Liquidity Fund	0.522	%	107,198,539		10,719,854			2.9%

⁶U.S. Government and Agency Obligations †					636,778			0.1%
Total Temporary Cash Investments (Cost $11,355,298)					11,356,632			3.0%
Total Investments (Cost $401,925,005)					378,244,013			101.8%
Other Assets and Liabilities—Net^4,7					(6,762,468	)		(1.8%	)
Net Assets					371,481,545			100.0%

Cost rounded to $000.

•

See Note A in Notes to Financial Statements.

Non-income-producing security.

	§	Certain of the fund’s securities are valued using significant unobservable inputs.
	^	Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $8,274,107,000.

†

Represents the aggregate value, by category, of securities that are not among the 50 largest holdings and, in total for any issuer, represent 1% or less of net assets.

Certain of the fund’s securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2020, the aggregate value of these securities was $7,635,714,000, representing 2.1% of net assets.

“Other” represents securities that are not classified by the fund’s benchmark index.

Considered an affiliated company of the fund as the issuer is another member of The Vanguard Group.

Collateral of $8,976,629,000 was received for securities on loan.

Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

Securities with a value of $554,738,000 have been segregated as initial margin for open futures contracts.

Cash of $5,010,000 has been segregated as collateral for open forward currency contracts.

ADR—American Depositary Receipt.

GDR—Global Depositary Receipt.

Total International Stock Index Fund

Derivative Financial Instruments Outstanding as of Period End

Futures Contracts
				($000	)
				Value and
		Number of		Unrealized
		Long (Short)	Notional	Appreciation
	Expiration	Contracts	Amount	(Depreciation	)
Long Futures Contracts
Dow Jones EURO STOXX 50 Index	June 2020	31,837	1,007,237	169,051
MSCI Emerging Markets Index	June 2020	22,084	1,000,295	79,412
Topix Index	June 2020	7,042	954,113	70,622
FTSE 100 Index	June 2020	7,478	554,285	69,864
S&P TSX 60 Index	June 2020	3,099	395,493	29,016
S&P ASX 200 Index	June 2020	4,196	378,705	24,832
E-mini S&P 500 Index	June 2020	2,400	348,288	13,596
				456,393

Total International Stock Index Fund

Forward Currency Contracts
	Contract						Unrealized			Unrealized
		Settlement	Contract Amount (000)					Appreciation			(Depreciation	)
Counterparty		Date		Receive		Deliver		($000	)		($000	)
Morgan Stanley Capital Services LLC		7/2/20	EUR	739,063	USD	800,553		10,436			—
Royal Bank of Canada		7/2/20	JPY	72,239,711	USD	651,621		22,213			—
Royal Bank of Canada		7/2/20	CAD	465,325	USD	321,203		13,143			—
Morgan Stanley Capital Services LLC		7/2/20	GBP	187,246	USD	219,448		16,455			—
Toronto-Dominion Bank		7/2/20	AUD	249,890	USD	148,357		14,512			—
Royal Bank of Canada		7/2/20	EUR	18,171	USD	19,692		248			—
Royal Bank of Canada		7/2/20	GBP	8,570	USD	10,518		279			—
Royal Bank of Canada		7/2/20	AUD	10,821	USD	6,490		562			—
JPMorgan Chase Bank, N.A.		7/2/20	USD	395,253	JPY	42,512,967		—			(1,297)
Bank of America, N.A.		7/2/20	USD	233,211	CHF	227,661		—			(3,085)
Toronto-Dominion Bank		7/2/20	USD	163,427	JPY	17,500,000		192			—
BNP Paribas		7/2/20	USD	71,328	KRW	87,262,181		—			(377)
								78,040			(4,759)

AUD—Australian dollar.

CAD—Canadian dollar.

CHF—Swiss franc.

EUR—euro.

GBP—British pound.

JPY—Japanese yen.

KRW—Korean won.

USD—U.S. dollar.

At April 30, 2020, the counterparties had deposited in segregated accounts cash of $70,520,000 in connection with open forward currency contracts.

After April 30, 2020, the counterparties posted additional collateral of $11,320,000 in connection with open forward currency contracts as of April 30, 2020.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Statement of Assets and Liabilities

As of April 30, 2020

($000s, except shares and per-share amounts)	Amount
Assets
Investments in Securities, at Value
Unaffiliated Issuers (Cost $390,574,256)		366,954,144
Affiliated Issuers (Cost $11,350,749)		11,289,869
Total Investments in Securities		378,244,013
Investment in Vanguard		17,620
Cash Collateral Pledged—Forward Currency Contracts		5,010
Foreign Currency, at Value (Cost $648,848)		653,806
Receivables for Investment Securities Sold		5,774
Receivables for Accrued Income		1,614,294
Receivables for Capital Shares Issued		108,563
Variation Margin Receivable—Futures Contracts		70,353
Unrealized Appreciation—Forward Currency Contracts		78,040
Total Assets		380,797,473
Liabilities
Due to Custodian		14,575
Payables for Investment Securities Purchased		39,308
Collateral for Securities on Loan		8,976,629
Payables for Capital Shares Redeemed		148,193
Payables to Vanguard		44,258
Variation Margin Payable—Futures Contracts		87,835
Unrealized Depreciation—Forward Currency Contracts		4,759
Other Liabilities		371
Total Liabilities		9,315,928
Net Assets		371,481,545

Total International Stock Index Fund

Statement of Assets and Liabilities (continued)


At April 30, 2020, net assets consisted of:

($000s, except shares and per-share amounts)	Amount
Paid-in Capital		403,143,210
Total Distributable Earnings (Loss)		(31,661,665	)
Net Assets		371,481,545

Investor Shares—Net Assets
Applicable to 9,854,532,629 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		143,542,928
Net Asset Value Per Share—Investor Shares		$14.57

ETF Shares—Net Assets
Applicable to 392,674,315 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		17,792,444
Net Asset Value Per Share—ETF Shares		$45.31

Admiral Shares—Net Assets
Applicable to 2,591,417,969 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		63,139,475
Net Asset Value Per Share—Admiral Shares		$24.36

Institutional Shares—Net Assets
Applicable to 297,077,102 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		28,945,446
Net Asset Value Per Share—Institutional Shares		$97.43

Institutional Plus Shares—Net Assets
Applicable to 1,137,710,326 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		110,873,580
Net Asset Value Per Share—Institutional Plus Shares		$97.45

Institutional Select Shares—Net Assets
Applicable to 70,015,458 outstanding $.001 par value shares of beneficial interest (unlimited authorization)		7,187,672
Net Asset Value Per Share—Institutional Select Shares		$102.66

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Statement of Operations

	Six Months Ended
	April 30, 2020
		($000	)
Investment Income
Income
Dividends—Unaffiliated Issuers¹		4,515,816
Dividends—Affiliated Issuers		9,727
Interest— Unaffiliated Issuers		1,806
Interest—Affiliated Issuers		23,157
Securities Lending—Net		98,608
Total Income		4,649,114
Expenses
The Vanguard Group—Note B
Investment Advisory Services		6,138
Management and Administrative—Investor Shares		107,149
Management and Administrative—ETF Shares		5,404
Management and Administrative—Admiral Shares		32,775
Management and Administrative—Institutional Shares		10,301
Management and Administrative—Institutional Plus Shares		32,062
Management and Administrative—Institutional Select Shares		1,253
Marketing and Distribution—Investor Shares		8,868
Marketing and Distribution—ETF Shares		475
Marketing and Distribution—Admiral Shares		2,507
Marketing and Distribution—Institutional Shares		581
Marketing and Distribution—Institutional Plus Shares		938
Marketing and Distribution—Institutional Select Shares		—
Custodian Fees		17,073
Shareholders’ Reports—Investor Shares		984
Shareholders’ Reports—ETF Shares		197
Shareholders’ Reports—Admiral Shares		248
Shareholders’ Reports—Institutional Shares		99
Shareholders’ Reports—Institutional Plus Shares		44
Shareholders’ Reports—Institutional Select Shares		—
Trustees’ Fees and Expenses		118
Total Expenses		227,214
Net Investment Income		4,421,900
Realized Net Gain (Loss)
Investment Securities Sold—Unaffiliated Issuers		(1,178,784	)
Investment Securities Sold—Affiliated Issuers		461

Total International Stock Index Fund

Statement of Operations (continued)
	Six Months Ended
	April 30, 2020
		($000	)
Futures Contracts		(1,382,783	)
Forward Currency Contracts		(106,206	)
Foreign Currencies		(86,455	)
Realized Net Gain (Loss)		(2,753,767	)
Change in Unrealized Appreciation (Depreciation)
Investment Securities—Unaffiliated Issuers²		(57,901,419	)
Investment Securities—Affiliated Issuers		(88,995	)
Futures Contracts		349,202
Forward Currency Contracts		32,193
Foreign Currencies		17,511
Change in Unrealized Appreciation (Depreciation)		(57,591,508	)
Net Increase (Decrease) in Net Assets Resulting from Operations		(55,923,375	)

	1	Dividends are net of foreign withholding taxes of $493,959,000.

The change in unrealized appreciation (depreciation) is net of the change in deferred foreign capital gains taxes of $25,887,000.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Statement of Changes in Net Assets

	Six Months Ended			Year Ended
	April 30,			October 31,
	2020			2019
		($000	)		($000	)
Increase (Decrease) in Net Assets
Operations
Net Investment Income		4,421,900			11,783,400
Realized Net Gain (Loss)		(2,753,767	)		578,017
Change in Unrealized Appreciation (Depreciation)		(57,591,508	)		26,696,690
Net Increase (Decrease) in Net Assets Resulting from Operations		(55,923,375	)		39,058,107
Distributions¹
Investor Shares		(2,016,467	)		(4,100,371	)
ETF Shares		(250,996	)		(381,379	)
Admiral Shares		(1,030,504	)		(2,146,982	)
Institutional Shares		(459,041	)		(953,127	)
Institutional Plus Shares		(1,626,764	)		(3,219,406	)
Institutional Select Shares		(107,236	)		(215,376	)
Total Distributions		(5,491,008	)		(11,016,641	)
Capital Share Transactions
Investor Shares		17,634,791			12,013,558
ETF Shares		4,487,957			4,918,475
Admiral Shares		(1,745,561	)		5,708,579
Institutional Shares		522,257			2,569,424
Institutional Plus Shares		9,814,612			16,577,443
Institutional Select Shares		5,002,088			(8,994,903	)
Net Increase (Decrease) from Capital Share Transactions		35,716,144			32,792,576
Total Increase (Decrease)		(25,698,239	)		60,834,042
Net Assets
Beginning of Period		397,179,784			336,345,742
End of Period		371,481,545			397,179,784

1 Certain prior period numbers have been reclassified to conform with current period presentation.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Financial Highlights

Investor Shares

	Six Months
	Ended
For a Share Outstanding	April 30,	Year Ended October 31,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$17.13	$15.91	$17.91	$14.88	$15.11	$16.31
Investment Operations
Net Investment Income	.180¹	.524¹	.500¹	.444¹	.422	.423
Net Realized and Unrealized Gain (Loss) on Investments	(2.512)	1.186	(2.016)	3.028	(.243)	(1.206)
Total from Investment Operations	(2.332)	1.710	(1.516)	3.472	.179	(.783)
Distributions
Dividends from Net Investment Income	(.228)	(.490)	(.484)	(.442)	(.409)	(.417)
Distributions from Realized Capital Gains	—	—	—	—	—	—
Total Distributions	(.228)	(.490)	(.484)	(.442)	(.409)	(.417)
Net Asset Value, End of Period	$14.57	$17.13	$15.91	$17.91	$14.88	$15.11

Total Return²	-13.78%	10.98%	-8.71%	23.70%	1.31%	-4.89%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$143,543	$148,795	$126,319	$116,279	$87,010	$74,444
Ratio of Total Expenses to Average Net Assets	0.17%	0.17%	0.17%	0.17%	0.18%	0.19%
Ratio of Net Investment Income to Average Net Assets	2.20%	3.19%	2.81%	2.73%	2.95%	2.73%
Portfolio Turnover Rate³	1%	4%	3%	3%	3%	3%

The expense ratio and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

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.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Financial Highlights

ETF Shares

	Six Months
	Ended
For a Share Outstanding	April 30,	Year Ended October 31,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$53.30	$49.50	$55.70	$46.28	$47.00	$50.75
Investment Operations
Net Investment Income	.585¹	1.677¹	1.612¹	1.420¹	1.344	1.346
Net Realized and Unrealized Gain (Loss) on Investments	(7.841)	3.696	(6.269)	9.404	(.763)	(3.767)
Total from Investment Operations	(7.256)	5.373	(4.657)	10.824	.581	(2.421)
Distributions
Dividends from Net Investment Income	(.734)	(1.573)	(1.543)	(1.404)	(1.301)	(1.329)
Distributions from Realized Capital Gains	—	—	—	—	—	—
Total Distributions	(.734)	(1.573)	(1.543)	(1.404)	(1.301)	(1.329)
Net Asset Value, End of Period	$45.31	$53.30	$49.50	$55.70	$46.28	$47.00

Total Return	-13.78%	11.11%	-8.63%	23.76%	1.39%	-4.87%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$17,792	$16,293	$10,389	$9,670	$6,377	$4,930
Ratio of Total Expenses to Average Net Assets	0.08%	0.08%	0.09%	0.11%	0.11%	0.13%
Ratio of Net Investment Income to Average Net Assets	2.30%	3.28%	2.89%	2.79%	3.02%	2.79%
Portfolio Turnover Rate²	1%	4%	3%	3%	3%	3%

The expense ratio and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

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.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Financial Highlights

Admiral Shares

	Six Months
	Ended
For a Share Outstanding	April 30,		Year Ended October 31,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$28.66	$26.61	$29.95	$24.89	$25.27	$27.29
Investment Operations
Net Investment Income	.302¹	.892¹	.858¹	.761¹	.722	.726
Net Realized and Unrealized Gain (Loss) on Investments	(4.212)	1.993	(3.369)	5.053	(.400)	(2.032)
Total from Investment Operations	(3.910)	2.885	(2.511)	5.814	.322	(1.306)
Distributions
Dividends from Net Investment Income	(.390)	(.835)	(.829)	(.754)	(.702)	(.714)
Distributions from Realized Capital Gains	—	—	—	—	—	—
Total Distributions	(.390)	(.835)	(.829)	(.754)	(.702)	(.714)
Net Asset Value, End of Period	$24.36	$28.66	$26.61	$29.95	$24.89	$25.27

Total Return²	-13.81%	11.08%	-8.63%	23.73%	1.40%	-4.88%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$63,139	$76,314	$65,363	$65,249	$45,154	$37,841
Ratio of Total Expenses to Average Net Assets	0.11%	0.11%	0.11%	0.11%	0.11%	0.12%
Ratio of Net Investment Income to Average Net Assets	2.19%	3.25%	2.87%	2.79%	3.02%	2.80%
Portfolio Turnover Rate³	1%	4%	3%	3%	3%	3%

The expense ratio and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

Total returns do not include account service fees that may have applied in the periods shown. Fund prospectuses provide information about any applicable account service fees.

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.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Financial Highlights

Institutional Shares

	Six Months
	Ended
For a Share Outstanding	April 30,	Year Ended October 31,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$114.61	$106.43	$119.77	$99.52	$101.07	$109.12
Investment Operations
Net Investment Income	1.230¹	3.597¹	3.461¹	3.062¹	2.907	2.923
Net Realized and Unrealized Gain (Loss) on Investments	(16.834)	7.960	(13.460)	20.229	(1.632)	(8.098)
Total from Investment Operations	(15.604)	11.557	(9.999)	23.291	1.275	(5.175)
Distributions
Dividends from Net Investment Income	(1.576)	(3.377)	(3.341)	(3.041)	(2.825)	(2.875)
Distributions from Realized Capital Gains	—	—	—	—	—	—
Total Distributions	(1.576)	(3.377)	(3.341)	(3.041)	(2.825)	(2.875)
Net Asset Value, End of Period	$97.43	$114.61	$106.43	$119.77	$99.52	$101.07

Total Return	-13.78%	11.10%	-8.60%	23.78%	1.39%	-4.84%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$28,945	$33,476	$28,563	$29,794	$19,692	$16,038
Ratio of Total Expenses to Average Net Assets	0.08%	0.08%	0.08%	0.09%	0.09%	0.10%
Ratio of Net Investment Income to Average Net Assets	2.23%	3.27%	2.90%	2.81%	3.04%	2.82%
Portfolio Turnover Rate²	1%	4%	3%	3%	3%	3%

The expense ratio and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

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.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Financial Highlights

Institutional Plus Shares

	Six Months
	Ended
For a Share Outstanding	April 30,	Year Ended October 31,
Throughout Each Period	2020	2019	2018	2017	2016	2015
Net Asset Value, Beginning of Period	$114.63	$106.45	$119.79	$99.54	$101.08	$109.14
Investment Operations
Net Investment Income	1.254¹	3.617¹	3.470¹	3.086¹	2.926	2.954
Net Realized and Unrealized Gain (Loss) on Investments	(16.852)	7.947	(13.454)	20.228	(1.622)	(8.108)
Total from Investment Operations	(15.598)	11.564	(9.984)	23.314	1.304	(5.154)
Distributions
Dividends from Net Investment Income	(1.582)	(3.384)	(3.356)	(3.064)	(2.844)	(2.906)
Distributions from Realized Capital Gains	—	—	—	—	—	—
Total Distributions	(1.582)	(3.384)	(3.356)	(3.064)	(2.844)	(2.906)
Net Asset Value, End of Period	$97.45	$114.63	$106.45	$119.79	$99.54	$101.08

Total Return	-13.78%	11.10%	-8.58%	23.80%	1.42%	-4.82%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$110,874	$118,865	$94,242	$88,781	$64,511	$53,318
Ratio of Total Expenses to Average Net Assets	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Ratio of Net Investment Income to Average Net Assets	2.29%	3.29%	2.91%	2.83%	3.06%	2.85%
Portfolio Turnover Rate²	1%	4%	3%	3%	3%	3%

The expense ratio and net investment income ratio for the current period have been annualized.

Calculated based on average shares outstanding.

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.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Financial Highlights

Institutional Select Shares

	Six Months				June 24,
	Ended				2016¹ to
	April 30,	Year Ended October 31,			Oct. 31,
For a Share Outstanding Throughout Each Period	2020	2019	2018	2017	2016
Net Asset Value, Beginning of Period	$120.75	$112.10	$126.15	$104.82	$97.20
Investment Operations
Net Investment Income	1.353²	3.421²	3.679²	3.303²	.914
Net Realized and Unrealized Gain (Loss) on Investments	(17.762)	8.783	(14.163)	21.274	7.340
Total from Investment Operations	(16.409)	12.204	(10.484)	24.577	8.254
Distributions
Dividends from Net Investment Income	(1.681)	(3.554)	(3.566)	(3.247)	(.634)
Distributions from Realized Capital Gains	—	—	—	—	—
Total Distributions	(1.681)	(3.554)	(3.566)	(3.247)	(.634)
Net Asset Value, End of Period	$102.66	$120.75	$112.10	$126.15	$104.82

Total Return	-13.76%	11.13%	-8.56%	23.83%	8.48%

Ratios/Supplemental Data
Net Assets, End of Period (Millions)	$7,188	$3,437	$11,470	$5,863	$1,599
Ratio of Total Expenses to Average Net Assets	0.045%	0.045%	0.045%	0.045%	0.045%³
Ratio of Net Investment Income to Average Net Assets	2.34%	2.98%	2.93%	2.85%	3.09%³
Portfolio Turnover Rate⁴	1%	4%	3%	3%	3%⁵

The expense ratio and net investment income ratio for the current period have been annualized.

Inception.

Calculated based on average shares outstanding.

Annualized.

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.

Reflects the fund’s portfolio turnover for the fiscal year ended October 31, 2016.

See accompanying Notes, which are an integral part of the Financial Statements.

Total International Stock Index Fund

Notes to Financial Statements

Vanguard Total International Stock Index Fund is registered under the Investment Company Act of 1940 as an open-end investment company, or mutual fund. The fund offers six classes of shares: Investor Shares, ETF Shares, Admiral Shares, Institutional Shares, Institutional Plus Shares, and Institutional Select Shares. Each of the share classes has different eligibility and minimum purchase requirements, and is designed for different types of investors. ETF Shares are listed for trading on Nasdaq; they can be purchased and sold through a broker.

The fund invests in securities of foreign issuers, which may subject it to investment risks not normally associated with investing in securities of U.S. corporations. Market disruptions associated with the COVID-19 pandemic have had a global impact, and uncertainty exists as to the long-term implications. Such disruptions can adversely affect assets of the fund and thus fund performance.

1. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued at their fair values calculated according to procedures adopted by the board of trustees. These procedures include obtaining quotations from an independent pricing service, monitoring news to identify significant market- or security-specific events, and evaluating changes in the values of foreign market proxies (for example, ADRs, futures contracts, or exchange-traded funds), between the time the foreign markets close and the fund’s pricing time. When fair-value pricing is employed, the prices of securities used by a fund to calculate its net asset value may differ from quoted or published prices for the same securities. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments are valued using the latest bid prices or using valuations based on a matrix system (which considers such factors as security prices, yields, maturities, and ratings), both as furnished by independent pricing services.

2. Foreign Currency: Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using exchange rates obtained from an independent third party as of the fund’s pricing time on the valuation date. Realized gains (losses) and unrealized appreciation (depreciation) on investment securities include the effects of changes in exchange rates since the securities were purchased, combined with the effects of changes in security prices. Fluctuations in the value of other assets and liabilities resulting from changes in exchange rates are recorded as unrealized foreign currency gains (losses) until the assets or liabilities are settled in cash, at which time they are recorded as realized foreign currency gains (losses).

3. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of

Total International Stock Index Fund

futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market. Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any assets pledged as initial margin for open contracts are noted in the Schedule of Investments.

During the six months ended April 30, 2020, the fund’s average investments in long and short futures contracts represented 1% and 0% of net assets, respectively, based on the average of the notional amounts at each quarter-end during the period.

4. Forward Currency Contracts: The fund enters into forward currency contracts to provide the appropriate currency exposure related to any open futures contracts. The fund’s risks in using these contracts include movement in the values of the foreign currencies relative to the U.S. dollar and the ability of the counterparties to fulfill their obligations under the contracts. The fund mitigates its counterparty risk by entering into forward currency contracts only with a diverse group of prequalified counterparties, monitoring their financial strength, entering into master netting arrangements with its counterparties, and requiring its counterparties to transfer collateral as security for their performance. In the absence of a default, the collateral pledged or received by the fund cannot be repledged, resold, or rehypothecated. The master netting arrangements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate the forward currency contracts, determine the net amount owed by either party in accordance with its master netting arrangements, and sell or retain any collateral held up to the net amount owed to the fund under the master netting arrangements. The forward currency contracts contain provisions whereby a counterparty may terminate open contracts if the fund’s net assets decline below a certain level, triggering a payment by the fund if the fund is in a net liability position at the time of the termination. The payment amount would be reduced by any collateral the fund has pledged. Any assets pledged as collateral for open contracts are noted in the Schedule of Investments. The value of collateral received or pledged is compared daily to the value of the forward currency contracts exposure with each counterparty, and any difference, if in excess of a specified minimum transfer amount, is adjusted and settled within two business days.

Forward currency contracts are valued at their quoted daily prices obtained from an independent third party, adjusted for currency risk based on the expiration date of each contract. The notional amounts of the contracts are not recorded in the Schedule of Investments. Fluctuations in the value of the contracts are recorded in the Statement of Assets and Liabilities as an asset (liability) and in the Statement of Operations as unrealized appreciation (depreciation) until the contracts are closed, when they are recorded as realized gains (losses) on forward currency contracts.

Total International Stock Index Fund

During the six months ended April 30, 2020, the fund’s average investment in forward currency contracts represented 1% of net assets, based on the average of notional amounts at each quarter-end during the period.

5. Federal Income Taxes: The fund intends to continue to qualify as a regulated investment company and distribute all of its taxable income. Management has analyzed the fund’s tax positions taken for all open federal income tax years (October 31, 2016–2019), and for the period ended April 30, 2020, and has concluded that no provision for federal income tax is required in the fund’s financial statements.

6. Distributions: Distributions to shareholders are recorded on the ex-dividend date. Distributions are determined on a tax basis at the fiscal year-end and may differ from net investment income and realized capital gains for financial reporting purposes.

7. Securities Lending: To earn additional income, the fund lends its securities to qualified institutional borrowers. Security loans are subject to termination by the fund at any time, and are required to be secured at all times by collateral in an amount at least equal to the market value of securities loaned. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled before the opening of the market on the next business day. The fund further mitigates its counterparty risk by entering into securities lending transactions only with a diverse group of prequalified counterparties, monitoring their financial strength, and entering into master securities lending agreements with its counterparties. The master securities lending agreements provide that, in the event of a counterparty’s default (including bankruptcy), the fund may terminate any loans with that borrower, determine the net amount owed, and sell or retain the collateral up to the net amount owed to the fund; however, such actions may be subject to legal proceedings. While collateral mitigates counterparty risk, in the event of a default, the fund may experience delays and costs in recovering the securities loaned. The fund invests cash collateral received in Vanguard Market Liquidity Fund, and records a liability in the Statement of Assets and Liabilities for the return of the collateral, during the period the securities are on loan. Collateral investments in Vanguard Market Liquidity Fund are subject to market appreciation or depreciation. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. During the term of the loan, the fund is entitled to all distributions made on or in respect of the loaned securities.

8. Credit Facilities and Interfund Lending Program: The fund and certain other funds managed by The Vanguard Group (“Vanguard”) participate in a $4.3 billion committed credit facility provided by a syndicate of lenders pursuant to a credit agreement and, effective May 2020, an uncommitted credit facility provided by Vanguard. Both facilities may be renewed annually. Each fund is individually liable for its borrowings, if any, under the credit facilities. Borrowings may be utilized for temporary or emergency purposes, subject to the fund’s regulatory and contractual borrowing restrictions. With respect to the committed credit facility, the participating funds are charged administrative fees and an annual commitment fee of 0.10% of the undrawn committed amount of the facility; these fees are allocated to the funds based on a method approved by the fund’s board of trustees and included in Management and Administrative expenses on the fund’s Statement of Operations. Any borrowings

Total International Stock Index Fund

under either facility bear interest at a rate based upon the higher of the one-month London Interbank Offered Rate (or an acceptable alternate rate, if necessary), federal funds effective rate, or overnight bank funding rate plus an agreed-upon spread, except that borrowings under the uncommitted credit facility may bear interest based upon an alternative rate agreed to by the fund and Vanguard.

For the six months ended April 30, 2020, the fund did not utilize the credit facilities or the Interfund Lending Program.

9. Other: Dividend income is recorded on the ex-dividend date. Interest income includes income distributions received from Vanguard Market Liquidity Fund and is accrued daily. Premiums and discounts on debt securities are amortized and accreted, respectively, to interest income over the lives of the respective securities, except for premiums on certain callable debt securities that are amortized to the earliest call date. Security transactions are accounted for on the date securities are bought or sold. Costs used to determine realized gains (losses) on the sale of investment securities are those of the specific securities sold.

Taxes on foreign dividends and capital gains have been provided for in accordance with the fund’s understanding of the applicable countries’ tax rules and rates. Foreign capital gains tax is accrued daily based upon net unrealized gains. The fund has filed tax reclaims for previously withheld taxes on dividends earned in certain European Union countries. These filings are subject to various administrative and judicial proceedings within these countries. Such tax reclaims received during the year, if any, are included in dividend income. No other amounts for additional tax reclaims are reflected in the financial statements due to the uncertainty as to the ultimate resolution of proceedings, the likelihood of receipt of these reclaims, and the potential timing of payment.

Each class of shares has equal rights as to assets and earnings, except that each class separately bears certain class-specific expenses related to maintenance of shareholder accounts (included in Management and Administrative expenses) and shareholder reporting. Marketing and distribution expenses are allocated to each class of shares based on a method approved by the board of trustees. Income, other non-class-specific expenses, and gains and losses on investments are allocated to each class of shares based on its relative net assets.

Total International Stock Index Fund

operations (such as deferred compensation/benefits and risk/insurance costs); the fund’s liability for these costs of operations is included in Payables to Vanguard on the Statement of Assets and Liabilities, and subsequently, in May 2020, such liability was fully paid to Vanguard. All other costs of operations payable to Vanguard are generally settled twice a month.

Upon the request of Vanguard, the fund may invest up to 0.40% of its net assets as capital in Vanguard. At April 30, 2020, the fund had contributed to Vanguard capital in the amount of $17,620,000, representing less than 0.01% of the fund’s net assets and 7.05% of Vanguard’s capital received pursuant to the FSA. The fund’s trustees and officers are also directors and employees, respectively, of Vanguard.

Level 1—Quoted prices in active markets for identical securities.

Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).

The following table summarizes the market value of the fund’s investments and derivatives as of April 30, 2020, based on the inputs used to value them:

	Level 1	Level 2	Level 3	Total
	($000)	($000)	($000)	($000)
Investments
Assets
Common Stocks—North and South America	31,893,384	234,914	2,147	32,130,445
Common Stocks—Other	10,758,675	323,869,983	128,278	334,756,936
Temporary Cash Investments	10,719,854	636,778	—	11,356,632
Total	53,371,913	324,741,675	130,425	378,244,013
Derivative Financial Instruments
Assets
Futures Contracts¹	70,353	—	—	70,353
Forward Currency Contracts	—	78,040	—	78,040
Total	70,353	78,040	—	148,393
Liabilities
Futures Contracts¹	87,835	—	—	87,835
Forward Currency Contracts	—	4,759	—	4,759
Total	87,835	4,759	—	92,594

1 Represents variation margin on the last day of the reporting period.

Total International Stock Index Fund

D. At April 30, 2020, the fair values of derivatives were reflected in the Statement of Assets and Liabilities as follows:

		Foreign
	Equity	Exchange
	Contracts	Contracts	Total
Statement of Assets and Liabilities Caption	($000)	($000)	($000)
Variation Margin Receivable—Futures Contracts	70,353	—	70,353
Unrealized Appreciation—Forward Currency Contracts	—	78,040	78,040
Total Asset	70,353	78,040	148,393

Variation Margin Payable—Futures Contracts	87,835	—	87,835
Unrealized Depreciation—Forward Currency Contracts	—	4,759	4,759
Total Liabilities	87,835	4,759	92,594

Realized net gain (loss) and the change in unrealized appreciation (depreciation) on derivatives for the six months ended April 30, 2020, were:

		Foreign
	Equity	Exchange
	Contracts	Contracts	Total
Realized Net Gain (Loss) on Derivatives	($000)	($000)	($000)
Futures Contracts	(1,382,783)	—	(1,382,783)
Forward Currency Contracts	—	(106,206)	(106,206)
Realized Net Gain (Loss) on Derivatives	(1,382,783)	(106,206)	(1,488,989)

Change in Unrealized Appreciation (Depreciation) on Derivatives
Futures Contracts	349,202	—	349,202
Forward Currency Contracts	—	32,193	32,193
Change in Unrealized Appreciation (Depreciation) on Derivatives	349,202	32,193	381,395

Total International Stock Index Fund

E. As of April 30, 2020, gross unrealized appreciation and depreciation for investments and derivatives based on cost for U.S. federal income tax purposes were as follows:

	Amount
	($000)
Tax Cost	403,523,046
Gross Unrealized Appreciation	67,616,855
Gross Unrealized Depreciation	(92,366,214)
Net Unrealized Appreciation (Depreciation)	(24,749,359)

The fund’s tax-basis capital gains and losses are determined only at the end of each fiscal year. For tax purposes, at October 31, 2019, the fund had available capital losses totaling $6,449,980,000 that may be carried forward indefinitely to offset future net capital gains. The fund will use these capital losses to offset net taxable capital gains, if any, realized during the year ending October 31, 2020; should the fund realize net capital losses for the year, the losses will be added to the loss carryforward balance above.

F. During the six months ended April 30, 2020, the fund purchased $38,698,710,000 of investment securities and sold $5,669,951,000 of investment securities, other than temporary cash investments. Purchases and sales include $1,914,457,000 and $0, respectively, in connection with in-kind purchases and redemptions of the fund’s capital shares.

Total International Stock Index Fund

G. Capital share transactions for each class of shares were:

	Six Months Ended			Year Ended
	April 30, 2020			October 31, 2019
	Amount	Shares		Amount	Shares
	($000)	(000	)	($000)	(000)
Investor Shares
Issued	20,486,700	1,361,862		16,308,384	1,002,637
Issued in Lieu of Cash Distributions	2,016,467	121,494		4,095,575	253,737
Redeemed¹	(4,868,376)	(313,769	)	(8,390,401)	(510,872)
Net Increase (Decrease)—Investor Shares	17,634,791	1,169,587		12,013,558	745,502
ETF Shares
Issued	4,487,957	86,979		4,918,475	95,817
Issued in Lieu of Cash Distributions	—	—		—	—
Redeemed	—	—		—	—
Net Increase (Decrease)—ETF Shares	4,487,957	86,979		4,918,475	95,817
Admiral Shares
Issued¹	8,523,045	331,999		17,359,372	633,623
Issued in Lieu of Cash Distributions	887,228	31,822		1,855,233	68,721
Redeemed	(11,155,834)	(435,337	)	(13,506,026)	(495,508)
Net Increase (Decrease)—Admiral Shares	(1,745,561)	(71,516	)	5,708,579	206,836
Institutional Shares
Issued	4,408,547	42,140		7,140,275	65,260
Issued in Lieu of Cash Distributions	427,632	3,848		889,806	8,246
Redeemed	(4,313,922)	(41,006	)	(5,460,657)	(49,786)
Net Increase (Decrease)—Institutional Shares	522,257	4,982		2,569,424	23,720
Institutional Plus Shares
Issued	15,359,110	152,669		17,896,620	163,180
Issued in Lieu of Cash Distributions	1,616,853	14,631		3,197,499	29,580
Redeemed	(7,161,351)	(66,534	)	(4,516,676)	(41,158)
Net Increase (Decrease)—Institutional Plus Shares	9,814,612	100,766		16,577,443	151,602
Institutional Select Shares
Issued	5,558,208	47,106		1,267,542	11,114
Issued in Lieu of Cash Distributions	107,236	924		215,376	1,957
Redeemed	(663,356)	(6,474	)	(10,477,821)	(86,930)
Net Increase (Decrease)—Institutional Select Shares	5,002,088	41,556		(8,994,903)	(73,859)

In November 2018, the fund announced changes to the availability and minimum investment criteria of the Investor and Admiral share classes. As a result, all of the outstanding Investor Shares automatically converted to Admiral Shares beginning in April 2019, with the exception of those held by Vanguard funds and certain other institutional investors. Investor Shares—Redeemed and Admiral Shares—Issued include 49,000 and 29,000 shares, respectively, in the amount of $846,000 from the conversion during the six months ended April 30, 2020. Investor Shares—Redeemed and Admiral Shares—Issued include 171,037,000 and 102,272,000 shares, respectively, in the amount of $2,851,274,000 from the conversion during the year ended October 31, 2019.

Total International Stock Index Fund

H. Transactions during the period in investments where the issuer is another member of The Vanguard Group were as follows:

		Current Period Transactions
	Oct. 31,		Proceeds	Realized					April 30,
	2019		from	Net	Change in		Capital Gain		2020
	Market	Purchases	Securities	Gain	Unrealized		Distributions		Market
	Value	at Cost	Sold	(Loss)	App. (Dep.)	Income	Received		Value
	($000)	($000)	($000)	($000)	($000)	($000)	($000	)	($000)
Vanguard FTSE Emerging Markets ETF	659,528	—	—	—	(89,513)	9,727	—		570,015
Vanguard Market Liquidity Fund	8,639,514	NA¹	NA¹	461	518	23,157	—		10,719,854
Total	9,299,042			461	(88,995)	32,884	—		11,289,869

1 Not applicable—purchases and sales are for temporary cash investment purposes.

I. Management has determined that no other events or transactions occurred subsequent to April 30, 2020, that would require recognition or disclosure in these financial statements.

Trustees Approve Advisory Arrangement

The board of trustees of Vanguard Total International Stock Index Fund has renewed the fund’s investment advisory arrangement with The Vanguard Group, Inc. (Vanguard), through its Equity Index Group. The board determined that continuing the fund’s internalized management structure was in the best interests of the fund and its shareholders.

In addition, the board received monthly reports, which included a Market and Economic Report, a Fund Dashboard Monthly Summary, and a Fund Performance Report.

Nature, extent, and quality of services

The board concluded that Vanguard’s experience, stability, depth, and performance, among other factors, warranted continuation of the advisory arrangement.

Investment performance

The board considered the short- and long-term performance of the fund, including any periods of outperformance or underperformance compared with its target index and peer group. The board concluded that the performance was such that the advisory arrangement should continue.

Cost

The board concluded that the fund’s expense ratio was well below the average expense ratio charged by funds in its peer group and that the fund’s advisory expenses were also well below the peer-group average.

The benefit of economies of scale

The board concluded that the fund’s arrangement with Vanguard ensures that the fund will realize economies of scale as it grows, with the cost to shareholders declining as fund assets increase.

The board will consider whether to renew the advisory arrangement again after a one-year period.

Liquidity Risk Management

The board of trustees of Vanguard Star Funds approved the appointment of liquidity risk management program administrators responsible for administering Vanguard Total International Stock Index Fund’s Program and for carrying out the specific responsibilities set forth in the Program, including reporting to the board on at least an annual basis regarding the Program’s operation, its adequacy, and the effectiveness of its implementation for the past year (the “Program Administrator Report”). The board has reviewed the Program Administrator Report covering the period from December 1, 2018, through December 31, 2019 (the “Review Period”). The Program Administrator Report stated that during the Review Period the Program operated and was implemented effectively to manage the fund’s liquidity risk.

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This material may be used in conjunction with the offering of shares of any Vanguard fund only if preceded or accompanied by the fund’s current prospectus.

You can review information about your fund on the SEC’s website, and you can receive copies of this information, for a fee, by sending a request via email addressed to publicinfo@sec.gov.

	© 2020 The Vanguard Group, Inc.
	All rights reserved.
	U.S. Patent Nos. 6,879,964; 7,337,138;
	7,720,749; 7,925,573; 8,090,646; 8,417,623; and 8,626,636.
	Vanguard Marketing Corporation, Distributor.

	Q1132 062020

Item 2: Code of Ethics.

Not applicable.

Item 3: Audit Committee Financial Expert.

Not applicable.

Item 4: Principal Accountant Fees and Services.

(a) Audit Fees.

Not applicable.

Item 5: Audit Committee of Listed Registrants.

Not applicable.

Item 6: Investments.

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
Common Stocks (98.8%)
Argentina (0.0%)
^*	Ternium Argentina SA		390		—

Australia (4.4%)
	CSL Ltd.		7,903,451		1,575,380
	Commonwealth Bank of Australia		30,913,101		1,248,786
	BHP Group Ltd.		51,441,744		1,050,152
	Westpac Banking Corp.		63,033,202		655,809
	National Australia Bank Ltd. (XSAX)		51,445,755		563,718
	Australia & New Zealand Banking Group Ltd.		49,464,973		537,314
	Woolworths Group Ltd.		21,956,467		508,117
	Wesfarmers Ltd.		19,755,833		479,860
	Transurban Group		47,308,758		421,748
	Macquarie Group Ltd.		5,593,936		370,561
	Rio Tinto Ltd.		6,492,969		365,953
	Goodman Group		31,181,300		265,579
	Amcor plc		28,016,352		255,304
	Newcrest Mining Ltd.		13,387,504		242,628
	Woodside Petroleum Ltd.		16,329,163		233,822
	Coles Group Ltd.		21,267,525		213,268
	Fortescue Metals Group Ltd.		27,834,534		212,719
	Brambles Ltd.		27,038,615		193,261
	Aristocrat Leisure Ltd.		11,154,724		182,936
	ASX Ltd.		3,397,525		179,137
	Insurance Australia Group Ltd.		40,458,054		151,164
	Sonic Healthcare Ltd.		8,286,107		146,335
	APA Group		20,680,883		146,129
	Telstra Corp. Ltd.		72,688,772		142,995
	Scentre Group		91,906,221		138,066
	QBE Insurance Group Ltd.		25,472,465		137,930
	Suncorp Group Ltd.		22,146,172		131,656
	Cochlear Ltd.		1,081,412		128,578
	AGL Energy Ltd.		11,147,377		122,343
	Ramsay Health Care Ltd.		2,992,528		121,532
	Dexus		19,212,989		114,055
	Origin Energy Ltd.		30,910,127		111,175
	James Hardie Industries plc		7,733,341		111,017
	South32 Ltd.		86,741,604		109,091
	Northern Star Resources Ltd.		12,451,600		100,548
	Aurizon Holdings Ltd.		33,020,751		100,313
	Mirvac Group		68,877,296		100,086
	Santos Ltd.		30,981,264		98,515
	GPT Group		33,960,479		93,333
	Medibank Pvt Ltd.		48,445,828		84,869
	Treasury Wine Estates Ltd.		12,645,685		83,176
^*	Xero Ltd.		1,620,989		82,875
	Orica Ltd.		7,104,187		82,329
	Lendlease Group (XSAX)		9,918,045		79,006
	Magellan Financial Group Ltd.		2,406,963		78,844
	Sydney Airport		19,341,354		78,785
	Stockland		41,955,670		77,908
^*	Afterpay Ltd.		3,765,945		74,889
	Caltex Australia Ltd.		4,402,967		70,888
	Tabcorp Holdings Ltd.		32,760,978		68,303
	SEEK Ltd.		6,112,035		68,237
	Computershare Ltd.		8,482,532		66,738
	Oil Search Ltd.		31,802,388		62,413
	Atlas Arteria Ltd.		15,272,427		61,630
	Evolution Mining Ltd.		18,485,657		60,199
	BlueScope Steel Ltd.		8,951,347		58,424
^*	AMP Ltd.		60,481,975		55,804
	Vicinity Centres		55,106,142		52,755
^*	Saracen Mineral Holdings Ltd.		19,168,812		52,572

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	REA Group Ltd.		902,250		51,626
	Coca-Cola Amatil Ltd.		9,054,962		50,415
	Alumina Ltd.		44,289,820		49,129
	JB Hi-Fi Ltd.		1,981,972		44,807
	Incitec Pivot Ltd.		28,757,444		44,477
	Ansell Ltd.		2,321,578		42,815
^*	NEXTDC Ltd.		7,466,981		42,613
	Altium Ltd.		1,898,926		41,684
	Charter Hall Group		8,242,907		40,733
	National Australia Bank Ltd.		3,655,054		40,396
	Boral Ltd.		20,407,298		39,661
	Domino's Pizza Enterprises Ltd.		1,056,185		39,520
	Crown Resorts Ltd.		6,157,234		39,416
	AusNet Services		32,184,270		39,253
	ALS Ltd.		8,583,803		37,484
	Iluka Resources Ltd.		7,538,549		37,392
	Bendigo & Adelaide Bank Ltd.		8,788,359		37,185
	Orora Ltd.		21,465,580		35,673
	carsales.com Ltd.		3,885,023		35,540
^§	Qube Holdings Ltd.		22,429,053		34,281
	OZ Minerals Ltd.		5,686,953		32,781
	Worley Ltd.		5,604,399		32,485
	Challenger Ltd.		10,025,738		31,930
	Appen Ltd.		1,880,644		31,075
	TPG Telecom Ltd.		6,507,505		31,052
	Beach Energy Ltd.		31,109,063		30,324
	Steadfast Group Ltd.		15,097,504		29,813
	Cleanaway Waste Management Ltd.		23,902,280		28,839
	Star Entertainment Grp Ltd.		14,637,965		28,697
	Downer EDI Ltd.		10,396,326		27,967
^{^}	Bank of Queensland Ltd.		8,193,066		27,626
	CIMIC Group Ltd.		1,695,565		26,991
	Mineral Resources Ltd.		2,481,074		26,741
	IGO Ltd.		8,781,968		26,642
	Breville Group Ltd.		2,322,682		26,284
	Metcash Ltd.		15,984,422		25,782
	nib holdings Ltd.		8,061,303		25,762
	Shopping Centres Australasia Property Group		17,114,200		24,807
	Qantas Airways Ltd.		9,925,499		24,652
	Reliance Worldwide Corp. Ltd.		13,860,927		24,385
	Nine Entertainment Co. Holdings Ltd.		25,800,958		23,734
	Regis Resources Ltd.		8,249,693		23,589
	Seven Group Holdings Ltd.		2,363,100		23,238
	Charter Hall Long Wale REIT		7,977,810		23,126
	IRESS Ltd.		3,162,646		23,069
	Cromwell Property Group		44,368,827		22,615
	Link Administration Holdings Ltd.		9,030,962		22,036
^*	Vocus Group Ltd.		10,944,930		21,728
	CSR Ltd.		8,874,660		21,330
	IDP Education Ltd.		2,239,577		21,229
	St. Barbara Ltd.		12,152,561		20,003
	Washington H Soul Pattinson & Co. Ltd.		1,618,782		19,469
	BWP Trust		8,419,809		19,242
^*	Nufarm Ltd.		5,640,056		19,155
^{^}	Harvey Norman Holdings Ltd.		10,579,078		18,981
	Viva Energy REIT		12,043,017		18,817
^*	Nanosonics Ltd.		4,204,809		18,739
	Whitehaven Coal Ltd.		15,324,201		18,085
^*	Silver Lake Resources Ltd.		14,498,262		17,907
¹	Viva Energy Group Ltd.		18,997,037		17,755
	IOOF Holdings Ltd.		6,358,916		17,753
	Pendal Group Ltd.		4,928,110		17,502
	Healius Ltd.		10,368,987		17,343
^{*,^}	Mesoblast Ltd.		8,057,516		17,198

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	Megaport Ltd.		2,233,944		17,191
	WiseTech Global Ltd.		1,432,110		17,054
	Technology One Ltd.		2,759,359		16,927
	Bapcor Ltd.		5,217,995		16,615
	Elders Ltd.		2,803,301		15,718
	Perpetual Ltd.		795,826		15,470
	National Storage REIT		13,740,726		15,433
	Premier Investments Ltd.		1,535,905		15,393
	Adelaide Brighton Ltd.		8,689,500		15,306
^*	Gold Road Resources Ltd.		14,826,009		15,140
	IPH Ltd.		3,014,242		14,417
	Charter Hall Retail REIT		6,997,737		14,400
^{*,^}	PolyNovo Ltd.		10,310,057		14,321
^{^}	InvoCare Ltd.		2,124,087		14,205
	Sims Ltd.		3,106,757		13,966
^*	Lynas Corp. Ltd.		12,318,445		13,792
	Lendlease Group		1,701,888		13,708
^{^}	Bingo Industries Ltd.		8,882,886		13,453
^{^}	Platinum Asset Management Ltd.		5,921,159		13,371
	Bravura Solutions Ltd.		4,180,681		13,055
	Pro Medicus Ltd.		769,546		12,953
	Ingenia Communities Group		5,312,121		12,834
^*	Perseus Mining Ltd.		21,086,691		12,743
	Costa Group Holdings Ltd.		6,691,920		12,500
^{^}	Bega Cheese Ltd.		3,901,229		12,214
	Monadelphous Group Ltd.		1,643,187		11,945
^{^}	Blackmores Ltd.		242,913		11,923
^{^}	Corporate Travel Management Ltd.		1,439,297		11,783
^*	United Malt Grp Ltd.		4,206,555		11,678
^*	Avita Medical Ltd.		38,665,958		11,462
	AP Eagers Ltd.		3,394,788		11,233
^{*,^}	Resolute Mining Ltd.		18,680,336		11,130
	Flight Centre Travel Group Ltd.		1,499,977		10,630
	ARB Corp. Ltd.		1,073,469		10,542
	Austal Ltd.		4,834,058		10,491
	Super Retail Group Ltd.		2,540,964		10,367
	Sandfire Resources Ltd.		3,529,659		10,244
	Abacus Property Group		6,198,774		10,110
^{^}	Clinuvel Pharmaceuticals Ltd.		704,487		9,980
	Omni Bridgeway Ltd.		3,719,412		9,701
	Tassal Group Ltd.		3,864,652		9,427
^*	GrainCorp Ltd. Class A		4,025,688		9,245
	Ramelius Resources Ltd.		10,745,072		9,130
	Collins Foods Ltd.		1,890,800		8,992
	Growthpoint Properties Australia Ltd.		4,473,228		8,974
	GWA Group Ltd.		4,923,703		8,838
^{^}	Webjet Ltd.		4,500,132		8,823
^*	EML Payments Ltd.		4,831,885		8,726
	Brickworks Ltd.		983,067		8,676
	Credit Corp. Group Ltd. (XASX)		809,622		8,622
	GUD Holdings Ltd.		1,408,749		8,362
	Service Stream Ltd.		6,367,141		8,101
^{*,^}	Zip Co. Ltd.		5,353,249		8,098
	NRW Holdings Ltd.		7,322,972		8,011
	Inghams Group Ltd.		3,478,252		7,880
	Netwealth Group Ltd.		1,584,748		7,764
	Domain Holdings Australia Ltd.		4,457,965		7,549
^*	Westgold Resources Ltd.		5,714,087		7,507
	Western Areas Ltd.		5,312,989		7,489
	Centuria Office REIT		5,842,549		7,362
	AUB Group Ltd.		950,522		7,204
	Select Harvests Ltd.		1,530,690		7,195
	Sigma Healthcare Ltd.		17,621,280		6,917
^{^}	Jumbo Interactive Ltd.		880,104		6,913

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Aventus Group		6,182,854		6,837
	G8 Education Ltd.		12,157,860		6,818
	Rural Funds Group		5,387,323		6,803
^{*,^}	nearmap Ltd.		6,819,875		6,667
^*	Mayne Pharma Group Ltd.		24,672,161		6,589
^*	Cooper Energy Ltd.		23,696,110		6,586
	Perenti Global Ltd.		11,138,552		6,549
	Arena REIT		4,410,616		6,464
^{^}	Freedom Foods Group Ltd.		2,257,647		6,327
^*	Champion Iron Ltd.		4,916,332		6,323
	Centuria Industrial REIT		3,536,511		6,065
	Data#3 Ltd.		2,384,921		5,952
	Codan Ltd.		1,367,467		5,753
	Charter Hall Social Infrastructure REIT		3,525,425		5,580
^{*,^}	PointsBet Holdings Pty Ltd.		2,007,123		5,470
	HUB24 Ltd.		865,566		5,443
	SmartGroup Corp. Ltd.		1,537,137		5,373
^{*,^}	Orocobre Ltd.		3,677,713		5,338
^*	Australian Agricultural Co. Ltd.		6,728,471		5,069
	oOh!media Ltd.		7,488,138		4,956
	New Hope Corp. Ltd.		4,943,100		4,940
^*	Electro Optic Systems Holdings Ltd.		1,639,134		4,937
	SeaLink Travel Group Ltd.		2,043,663		4,784
	Genworth Mortgage Insurance Australia Ltd.		3,418,123		4,725
	Integral Diagnostics Ltd.		2,232,105		4,687
	Australian Pharmaceutical Industries Ltd.		6,025,466		4,568
^{*,^}	Pilbara Minerals Ltd.		31,836,640		4,472
	Mount Gibson Iron Ltd.		10,888,296		4,455
^*	Emeco Holdings Ltd.		5,882,889		4,433
	GDI Property Group		6,470,871		4,374
^{*,^}	Bubs Australia Ltd.		7,430,031		4,323
	Infigen Energy		11,199,719		4,286
	Lovisa Holdings Ltd.		871,395		4,156
^{^}	BWX Ltd.		1,743,792		4,065
^*	Pact Group Holdings Ltd.		3,218,783		3,982
	McMillan Shakespeare Ltd.		915,297		3,954
	Asaleo Care Ltd.		5,707,801		3,821
	Accent Group Ltd.		5,039,023		3,796
^*	Starpharma Holdings Ltd.		5,505,630		3,739
	Estia Health Ltd.		3,735,087		3,620
	Jupiter Mines Ltd.		20,532,345		3,607
¹	Coronado Global Resources Inc.		4,666,105		3,577
	Hotel Property Investments		2,247,531		3,574
^{*,^}	Galaxy Resources Ltd.		6,763,510		3,318
	Southern Cross Media Group Ltd.		32,875,241		2,969
^{*,^}	Carnarvon Petroleum Ltd.		23,764,696		2,905
^*	Centuria Capital Group		2,732,165		2,846
^{*,^}	Paradigm Biopharmaceuticals Ltd.		2,263,205		2,811
	FlexiGroup Ltd.		4,735,995		2,766
^*	Senex Energy Ltd.		19,945,587		2,748
^{^}	HT&E Ltd.		3,651,104		2,653
	OFX Group Ltd.		3,285,763		2,621
	Aurelia Metals Ltd.		12,452,293		2,585
	Cedar Woods Properties Ltd.		911,125		2,497
	Macmahon Holdings Ltd.		17,279,271		2,474
	Village Roadshow Ltd.		1,600,307		2,326
^*	Eclipx Group Ltd.		4,913,981		2,290
^{*,^}	Karoon Energy Ltd.		6,309,249		2,225
^{*,^}	Superloop Ltd.		4,356,225		2,216
^*	AMA Group Ltd.		7,876,105		2,153
	Fletcher Building Ltd. (XASX)		879,976		1,978
^{^}	Regis Healthcare Ltd.		2,005,584		1,939
^{*,§,^}	SpeedCast International Ltd.		3,739,468		1,925
	Virtus Health Ltd.		956,277		1,904

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	MACA Ltd.		3,707,414		1,768
	SG Fleet Group Ltd.		1,796,439		1,563
^*	Dacian Gold Ltd.		6,697,194		1,551
	Navigator Global Investments Ltd.		1,835,146		1,550
^{*,^}	Myer Holdings Ltd.		11,853,493		1,524
	Vita Group Ltd.		1,984,961		1,401
^{*,^}	Clean TeQ Holdings Ltd.		8,549,673		1,156
	Japara Healthcare Ltd.		3,536,604		1,143
^{*,^}	Syrah Resources Ltd.		7,177,798		1,074
	MyState Ltd.		401,885		1,024
^{^}	Newcrest Mining Ltd. ADR		53,537		978
	WPP AUNZ Ltd.		5,661,944		913
^*	Intega Group Ltd.		4,348,548		763
^{*,^}	New Century Resources Ltd.		7,767,841		759
^*	Seven West Media Ltd.		13,567,493		746
^*	Cardno Ltd.		2,838,975		461
	Decmil Group Ltd.		2,735,799		393
^{*,^}	Liquefied Natural Gas Ltd.		7,928,704		223
^*	Castile Resources Ltd.		1,176,240		126
	Credit Corp. Group Ltd.		530		6
	Sims Ltd. ADR		57		—
^*,§	SGH Energy Pty Ltd.		5,925,255		—
^*,§	DSHE Holdings Ltd.		1,313,373		—
					16,344,246
Austria (0.2%)
	Erste Group Bank AG		5,025,699		108,922
	OMV AG		2,506,778		81,851
	Verbund AG		1,173,040		53,113
	Raiffeisen Bank International AG		2,450,290		42,292
	voestalpine AG		2,030,247		42,079
^*	Andritz AG		1,256,249		41,277
	Wienerberger AG		2,119,532		39,698
	CA Immobilien Anlagen AG		1,244,061		39,496
¹	BAWAG Group AG		1,061,325		36,072
	Immofinanz AG		1,458,896		26,940
^{*,^}	Oesterreichische Post AG		617,036		23,254
	S Immo AG		930,593		17,279
	Telekom Austria AG		2,139,574		15,053
	UNIQA Insurance Group AG		1,962,718		13,233
^{*,^}	Lenzing AG		230,945		13,200
	Vienna Insurance Group AG Wiener Versicherung Gruppe		618,202		12,357
	Evn AG		434,804		6,794
	Strabag SE		236,533		6,622
	Schoeller-Bleckmann Oilfield Equipment AG		210,581		6,222
	Do & Co AG		99,704		4,973
	Flughafen Wien AG		143,890		4,199
^*	Palfinger AG		153,180		3,310
	Agrana Beteiligungs AG		145,375		2,675
^*	Zumtobel Group AG		401,446		2,593
^{^}	Porr AG		135,740		2,335
	Kapsch TrafficCom AG		70,273		1,372
					647,211
Belgium (0.7%)
	Anheuser-Busch InBev SA/NV		13,432,650		625,562
	KBC Group NV		4,789,363		259,781
^*	Ucb SA		2,110,493		193,404
	Umicore SA		3,587,807		155,498
	Ageas		3,224,445		116,223
^*	Argenx SE		751,181		112,338
^*	Groupe Bruxelles Lambert SA		1,274,424		101,949
	Solvay SA Class A		1,211,783		94,650
	Elia Group SA/NV		617,383		70,989
	Warehouses De Pauw CVA		2,368,377		64,973
	Cofinimmo SA		465,214		64,675

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Sofina SA		268,271		63,182
	Colruyt SA		915,384		54,861
	Proximus SADP		2,444,360		52,171
	Ackermans & van Haaren NV		386,243		51,192
	Aedifica SA		446,997		43,322
	Telenet Group Holding NV		814,576		34,022
	Euronav NV		2,799,725		31,271
	Barco NV		173,125		27,618
	Ontex Group NV		1,394,934		25,437
	Fagron		1,090,196		24,582
	D'ieteren SA/NV		412,362		20,665
	KBC Ancora		572,133		20,089
	Melexis NV		326,280		19,845
^*	Montea C.V.A		191,617		16,842
	Gimv NV		293,755		16,139
	Befimmo SA		314,705		14,048
	Bekaert SA		574,307		12,141
	bpost SA		1,739,564		12,138
^*	Tessenderlo Chemie NV (Voting Shares)		426,277		11,903
^*	AGFA-Gevaert NV		2,875,005		11,389
^*	VGP NV		83,965		9,718
	Cie d'Entreprises CFE		112,605		8,740
	Orange Belgium SA		496,974		8,267
	Retail Estates NV		138,894		7,507
	Kinepolis Group NV		196,319		7,392
^{*,^}	Mithra Pharmaceuticals SA		212,205		5,297
	Econocom Group SA/NV		2,123,474		4,087
	EVS Broadcast Equipment SA		218,076		3,332
^*	Ion Beam Applications		323,023		2,679
	Van de Velde NV		82,005		2,072
^*	Wereldhave Belgium Comm VA		24,580		1,405
					2,483,395
Brazil (1.3%)
	Vale SA		56,140,599		463,132
	Itau Unibanco Holding SA Preference Shares		79,504,489		332,907
	Petroleo Brasileiro SA Preference Shares		77,857,360		258,432
	Banco Bradesco SA Preference Shares		70,789,719		249,292
	B3 SA - Brasil Bolsa Balcao		34,571,437		244,255
	Petroleo Brasileiro SA		61,201,363		209,898
	Ambev SA		70,543,478		147,109
	Itausa - Investimentos Itau SA Preference Shares		76,176,106		126,075
	Magazine Luiza SA		11,077,063		101,239
^*	Suzano SA		13,631,728		98,793
	Lojas Renner SA		13,742,240		97,016
	Weg SA		12,930,417		94,971
	Notre Dame Intermedica Participacoes SA		7,832,776		78,949
	Banco do Brasil SA		14,918,598		78,188
	Raia Drogasil SA		3,970,258		76,501
	Natura & Co. Holding SA		11,575,916		75,613
	Jbs SA		17,047,953		74,739
^*	Rumo SA		19,438,814		70,743
	Banco Bradesco SA		19,194,088		61,981
	Localiza Rent a Car SA		9,789,277		61,549
	Lojas Americanas SA Preference Shares		13,044,514		59,682
	Telefonica Brasil SA Preference Shares		6,917,026		58,067
	BB Seguridade Participacoes SA		11,805,460		57,639
	Equatorial Energia SA		14,916,235		50,279
^*	B2W Cia Digital		3,354,041		45,180
	Ccr SA		19,495,552		44,276
	Petrobras Distribuidora SA		11,961,592		42,960
	Ultrapar Participacoes SA		14,966,806		39,909
	Itau Unibanco Holding SA ADR		9,457,050		39,814
	Hypera SA		7,006,828		37,470
	Gerdau SA Preference Shares		16,543,314		35,716

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Banco Santander Brasil SA		7,038,678		34,948
	Cia de Saneamento Basico do Estado de Sao Paulo		4,713,261		34,739
	Klabin SA		10,226,988		33,495
	Banco BTG Pactual SA		4,269,064		33,208
	Sul America SA		3,891,890		32,027
	Cosan SA		2,879,390		31,950
^*	Centrais Eletricas Brasileiras SA		7,042,298		31,405
^*	Brf SA		8,798,670		31,374
	Vale SA Class B ADR		3,763,296		31,047
	Cogna Educacao		29,479,785		30,033
	Totvs SA		2,696,779		29,334
	TIM Participacoes SA		12,488,212		29,304
	Cia Brasileira de Distribuicao		2,223,285		27,074
	IRB Brasil Resseguros SA		14,364,514		26,997
	Energisa SA		3,272,298		26,297
	Banco Bradesco SA ADR		7,012,798		24,685
	YDUQS Participacoes SA		4,369,820		24,389
¹	Hapvida Participacoes e Investimentos SA		2,508,625		24,192
	BR Malls Participacoes SA		12,886,092		23,792
	Cia Energetica de Minas Gerais Preference Shares		13,184,224		23,081
	Petroleo Brasileiro SA ADR Preference Shares		3,301,167		22,019
	Engie Brasil Energia SA		3,054,233		21,972
	Bradespar SA Preference Shares		3,998,784		21,958
	Atacadao SA		5,814,805		21,386
^*	Centrais Eletricas Brasileiras SA Preference Shares		4,168,328		21,340
	Qualicorp Consultoria e Corretora de Seguros SA		4,166,325		19,859
	Transmissora Alianca de Energia Eletrica SA		3,917,275		19,810
^*	Marfrig Global Foods SA		8,177,084		19,308
	Multiplan Empreendimentos Imobiliarios SA		4,830,638		18,557
	CPFL Energia SA		3,338,300		17,828
	EDP - Energias do Brasil SA		5,589,629		17,474
^*	Embraer SA		10,587,039		16,841
	Alpargatas SA Preference Shares		3,337,400		16,810
	Cia de Saneamento do Parana		3,542,139		16,740
	Cia Energetica de Sao Paulo Preference Shares		3,186,160		16,499
	Fleury SA		3,754,576		15,742
	Lojas Americanas SA		3,996,794		14,942
	Cielo SA		19,665,157		14,682
	MRV Engenharia e Participacoes SA		5,227,840		14,565
	Porto Seguro SA		1,721,479		14,337
	Cia Siderurgica Nacional SA		8,599,133		14,169
	Cia Paranaense de Energia Preference Shares		1,385,841		13,864
	Odontoprev SA		4,877,971		13,455
	Cyrela Brazil Realty SA Empreendimentos e Participacoes		4,552,854		13,321
^*	Minerva SA		5,873,643		13,242
	Neoenergia SA		3,764,200		12,647
	Cia de Transmissao de Energia Eletrica Paulista Preference Shares		3,379,442		12,075
^*	Linx SA		2,882,197		11,507
^*	Via Varejo SA		6,674,513		11,268
	Braskem SA Preference Shares		2,860,483		11,120
	Ambev SA ADR		5,047,904		10,853
^*	Azul SA Prior Preference Shares.		3,307,955		10,585
	Metalurgica Gerdau SA Preference Shares Class A		11,006,918		10,424
	Aliansce Sonae Shopping Centers sa		2,008,700		10,310
	Cia de Saneamento de Minas Gerais-COPASA		1,136,101		10,028
	Sao Martinho SA		2,840,317		9,976
	Iguatemi Empresa de Shopping Centers SA		1,594,121		9,650
^*	Cia de Saneamento Basico do Estado de Sao Paulo ADR		1,258,561		9,641
	Cia de Locacao das Americas		3,888,317		9,496
^*	Eneva SA		1,366,372		9,041
	M Dias Branco SA		1,525,747		8,978
	Duratex SA		4,932,733		8,835
	Itau Unibanco Holding SA		2,129,895		8,617
^*	Ez Tec Empreendimentos e Participacoes SA		1,498,502		8,325

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	Alupar Investimento SA		2,002,551		8,312
	Banco do Estado do Rio Grande do Sul SA Preference Shares		3,558,974		8,207
	Telefonica Brasil SA ADR		932,552		7,833
	AES Tiete Energia SA		2,863,321		7,635
^*	Banco Pan SA Preference Shares		8,251,800		7,633
	SLC Agricola SA		1,678,750		7,409
^*	Light SA		3,479,945		7,270
^*	EcoRodovias Infraestrutura e Logistica SA		3,596,971		6,939
	Arezzo Industria e Comercio SA		827,627		6,468
	Cia Brasileira de Distribuicao ADR		526,723		6,431
^*	Grupo SBF SA		1,039,900		6,043
	Cia Hering		2,181,895		6,003
	Construtora Tenda SA		1,383,483		5,913
^*	Cosan Logistica SA		2,082,329		5,882
	Usinas Siderurgicas de Minas Gerais SA Preference Shares		6,252,355		5,519
	Grendene SA		4,295,001		5,505
	Iochpe Maxion SA		2,290,071		5,353
	Marcopolo SA Preference Shares		9,971,228		5,244
	CVC Brasil Operadora e Agencia de Viagens SA		2,036,451		5,168
	BR Properties SA		3,102,387		4,986
	Movida Participacoes SA		2,503,192		4,971
^*	Omega Geracao SA		892,700		4,923
^{^}	Cia Paranaense de Energia ADR		477,521		4,895
	Randon Participacoes SA Preference Shares		3,071,311		4,801
	BK Brasil Operacao e Assessoria a Restaurantes SA		2,700,672		4,698
	Banco Inter SA		927,784		4,695
¹	Banco Inter SA Preference Shares		2,711,722		4,658
	TIM Participacoes SA ADR		361,168		4,197
	Centrais Eletricas Brasileiras SA ADR Preference Shares		812,480		3,884
	Guararapes Confeccoes SA		1,608,724		3,772
	Cia Energetica de Minas Gerais		2,082,857		3,704
^{^}	Cia Energetica de Minas Gerais ADR		2,140,089		3,681
^*	Embraer SA ADR		577,034		3,653
^{^}	Centrais Eletricas Brasileiras SA ADR		783,491		3,494
	Santos Brasil Participacoes SA		4,598,207		3,450
^*	Unipar Carbocloro SA Preference Shares		801,058		3,447
^*	Petro Rio SA		895,000		3,366
^*	Anima Holding SA		793,790		3,325
^*	Brf SA ADR		919,974		3,293
¹	Ser Educacional SA		1,051,862		3,288
^{^}	Cia Siderurgica Nacional SA ADR		2,017,101		3,227
	Camil Alimentos SA		2,093,326		3,141
^*	Gol Linhas Aereas Inteligentes SA Preference Shares		1,365,018		3,113
^*	Even Construtora e Incorporadora SA		2,444,458		3,030
	Cia Paranaense de Energia		308,564		3,019
	JSL SA		854,900		2,956
	Gerdau SA ADR		1,358,769		2,921
	JHSF Participacoes SA		3,751,300		2,870
	Tupy SA		974,960		2,653
	Smiles Fidelidade SA		1,008,744		2,649
	Petroleo Brasileiro SA ADR		367,071		2,536
	Instituto Hermes Pardini SA		707,542		2,531
^{*,^}	Suzano SA ADR		342,180		2,467
	Direcional Engenharia SA		1,348,436		2,182
^*	Enauta Participacoes SA		1,288,369		2,163
	Wiz Solucoes e Corretagem de Seguros SA		1,242,916		2,085
	Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		1,169,559		1,918
	Mahle-Metal Leve SA		585,664		1,894
	LOG Commercial Properties e Participacoes SA		407,556		1,715
^{^}	Braskem SA ADR		211,718		1,662
^*	Alliar Medicos A Frente SA		833,539		1,608
	Dimed SA Distribuidora da Medicamentos		356,700		1,535
^{^}	Gol Linhas Aereas Inteligentes SA ADR		167,447		772
					4,984,436

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
Canada (6.5%)
	Royal Bank of Canada		25,179,394		1,548,986
	Toronto-Dominion Bank		31,720,488		1,325,381
^*	Shopify Inc.		1,745,136		1,106,772
	Canadian National Railway Co.		12,421,422		1,027,214
	Enbridge Inc. (XTSE)		31,970,930		979,604
	Bank of Nova Scotia		21,246,479		851,721
	Brookfield Asset Management Inc. Class A		23,599,461		797,528
	TC Energy Corp.		16,229,944		746,931
^{^}	Bank of Montreal		11,136,031		566,182
	Canadian Pacific Railway Ltd.		2,395,409		544,424
	Barrick Gold Corp. (XTSE)		19,298,160		496,751
	Suncor Energy Inc.		26,946,204		480,480
^{^}	Canadian Imperial Bank of Commerce		7,747,661		459,088
	Franco-Nevada Corp.		3,242,487		428,993
	Manulife Financial Corp.		33,964,129		427,739
	Alimentation Couche-Tard Inc. Class B		14,870,638		414,940
	Nutrien Ltd.		10,011,534		357,537
	Sun Life Financial Inc.		10,387,925		356,053
	Canadian Natural Resources Ltd.		20,252,190		339,149
	Constellation Software Inc.		348,009		334,653
	Fortis Inc. (XTSE)		7,698,950		298,345
	Wheaton Precious Metals Corp.		7,789,255		295,969
^*	CGI Inc.		4,143,746		264,263
	Rogers Communications Inc. Class B		6,121,849		256,406
	Waste Connections Inc. (XTSE)		2,834,671		243,888
	Agnico Eagle Mines Ltd.		4,165,704		243,397
	Thomson Reuters Corp.		3,438,523		242,262
	Intact Financial Corp.		2,493,940		237,345
	National Bank of Canada		5,877,451		237,049
	Barrick Gold Corp. (XLON)		9,008,462		234,914
	Pembina Pipeline Corp.		9,535,496		218,667
	BCE Inc.		5,216,053		210,935
	Restaurant Brands International Inc. (XTSE)		4,115,394		200,751
	Magna International Inc.		5,109,413		199,098
	Kirkland Lake Gold Ltd.		4,585,365		189,548
	Open Text Corp.		4,538,782		171,515
	Metro Inc.		4,165,566		171,387
	Dollarama Inc.		5,385,697		168,928
^{^}	Emera Inc.		4,224,363		168,161
	Power Corp. of Canada		10,295,912		164,652
	Loblaw Cos. Ltd.		3,144,554		154,748
	Waste Connections Inc. (XNYS)		1,741,555		149,617
^*	Kinross Gold Corp.		21,668,315		143,060
	Shaw Communications Inc. Class B		7,902,424		128,930
	Fairfax Financial Holdings Ltd.		467,631		126,796
^{^}	Algonquin Power & Utilities Corp.		9,072,613		125,796
^{^}	WSP Global Inc.		1,850,514		124,183
	TELUS Corp.		7,076,637		115,660
^*	Bausch Health Cos. Inc. (XTSE)		6,016,880		108,714
	Canadian Apartment Properties REIT		2,989,414		102,872
	Saputo Inc.		4,055,399		101,971
¹	Hydro One Ltd.		5,533,866		100,345
	George Weston Ltd.		1,260,681		89,428
	B2Gold Corp.		17,577,778		88,902
	TMX Group Ltd.		989,197		85,698
	Ritchie Bros Auctioneers Inc.		1,918,609		82,578
	CCL Industries Inc. Class B		2,613,581		81,696
	Enbridge Inc. (XNYS)		2,588,293		79,409
	CAE Inc.		4,705,328		77,749
^{^}	Yamana Gold Inc.		16,451,813		77,534
	Pan American Silver Corp.		3,568,456		75,884

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Great-West Lifeco Inc.		4,567,082		75,202
	Teck Resources Ltd. Class B		8,429,196		74,303
^*	Stars Group Inc. (XTSE)		2,619,107		73,063
^{^}	Canadian Tire Corp. Ltd. Class A		1,006,957		70,656
^{^}	Allied Properties REIT		2,183,620		69,903
	Cameco Corp.		6,943,242		69,036
	Onex Corp.		1,455,267		67,079
	Toromont Industries Ltd.		1,405,414		66,033
	Empire Co. Ltd.		2,963,298		65,421
^{^}	Imperial Oil Ltd.		4,032,181		65,149
	Cenovus Energy Inc.		17,907,470		64,968
^{^}	RioCan REIT		5,619,264		64,188
^*	Descartes Systems Group Inc.		1,508,578		63,412
^{^}	Inter Pipeline Ltd.		7,359,298		61,541
	Parkland Fuel Corp.		2,589,627		61,264
	iA Financial Corp. Inc.		1,883,196		61,138
	First Quantum Minerals Ltd.		9,764,197		59,625
^{^}	Northland Power Inc.		2,755,721		59,135
^{^}	Stantec Inc.		1,968,241		58,017
^{^}	AltaGas Ltd.		4,842,943		57,895
	Element Fleet Management Corp.		7,727,346		57,013
^{^}	SNC-Lavalin Group Inc.		3,079,451		56,790
^{^}	Keyera Corp.		3,788,934		56,210
	Lundin Mining Corp.		11,448,225		56,092
	Alamos Gold Inc. Class A		6,839,551		55,082
	Canadian Utilities Ltd. Class A		2,133,248		52,046
^{*,^}	Canopy Growth Corp.		3,142,798		50,124
	Boyd Group Services Inc.		353,805		49,781
	Gildan Activewear Inc.		3,508,760		48,953
	FirstService Corp.		545,182		47,137
^*	NovaGold Resources Inc.		4,190,235		47,021
^*	Kinaxis Inc.		456,074		45,845
	Quebecor Inc. Class B		2,068,724		45,047
^{^}	Granite REIT		982,011		44,869
	Tourmaline Oil Corp.		4,441,857		44,037
^{^}	Choice Properties REIT		4,628,926		41,968
	CI Financial Corp.		3,757,162		39,921
	TFI International Inc.		1,397,915		38,765
^*	SSR Mining Inc.		2,158,318		37,818
	Atco Ltd. Class I		1,345,977		37,799
	Restaurant Brands International Inc. (XNYS)		753,210		37,133
	Gibson Energy Inc.		2,589,655		36,893
^*	BlackBerry Ltd.		8,621,823		36,793
	Finning International Inc.		2,888,112		36,663
	Capital Power Corp.		1,857,777		35,956
	Premium Brands Holdings Corp.		592,931		35,756
^{^}	SmartCentres REIT		2,332,209		35,722
^{^}	H&R REIT		5,034,913		35,665
^{*,^}	Cronos Group Inc.		5,942,198		35,176
	Colliers International Group Inc.		618,587		33,948
^*	Air Canada Class B		2,230,374		32,431
	IGM Financial Inc.		1,487,334		31,500
^{^}	PrairieSky Royalty Ltd.		4,179,499		30,567
	Centerra Gold Inc.		3,815,336		30,507
^{^}	Innergex Renewable Energy Inc.		2,264,808		30,394
	TransAlta Corp.		5,111,434		30,075
	West Fraser Timber Co. Ltd.		1,040,368		28,955
^*	IAMGOLD Corp.		8,046,421		28,152
	Primo Water Corp.		2,729,886		27,947
^*	Parex Resources Inc.		2,493,476		27,336
^*	Alacer Gold Corp.		5,201,865		26,683
^{^}	ARC Resources Ltd.		6,287,652		26,516
	Enghouse Systems Ltd.		705,585		26,435
^*	Eldorado Gold Corp.		2,749,963		26,216

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Canadian Western Bank		1,635,865		25,890
	Stella-Jones Inc.		1,036,687		25,844
	Maple Leaf Foods Inc.		1,395,171		25,790
	Barrick Gold Corp. (XNYS)		998,659		25,686
^{^}	First Capital REIT		2,389,878		24,638
^*	Ivanhoe Mines Ltd.		11,694,162		24,532
^{*,^}	Endeavour Mining Corp.		1,349,568		24,297
^*	Pretium Resources Inc.		3,181,123		24,294
^{*,^}	Canada Goose Holdings Inc.		1,016,889		24,283
^{^}	Chartwell Retirement Residences		3,770,473		24,216
	Osisko Gold Royalties Ltd.		2,531,897		23,119
^{*,^}	First Majestic Silver Corp.		2,830,049		22,853
^{^}	Northview Apartment REIT		874,580		22,117
^*	Torex Gold Resources Inc.		1,526,449		21,724
	Methanex Corp.		1,332,401		21,183
	BRP Inc.		703,415		21,053
^*	ATS Automation Tooling Systems Inc.		1,388,528		20,599
^{^}	Cominar REIT		3,360,557		20,497
	Linamar Corp.		838,845		20,152
^*	Great Canadian Gaming Corp.		995,498		19,389
^{^}	TransAlta Renewables Inc.		1,770,423		19,129
^{^}	Superior Plus Corp.		2,654,226		18,840
^{^}	Laurentian Bank of Canada		828,879		18,514
	Winpak Ltd.		555,976		18,513
^{^}	Genworth MI Canada Inc.		728,839		17,970
	Husky Energy Inc.		5,536,173		17,778
^*	OceanaGold Corp.		11,014,108		16,775
	Cogeco Communications Inc.		207,935		15,373
	North West Co. Inc.		786,343		14,857
^*	SEMAFO Inc.		5,857,796		14,729
^{^}	Artis REIT		2,337,218		14,675
^{*,^}	Aurora Cannabis Inc.		19,648,107		14,398
	Norbord Inc.		881,169		14,294
^*	Canadian Solar Inc.		791,181		14,115
	Russel Metals Inc.		1,288,364		13,958
^{^}	Dream Office REIT		889,185		13,875
^{*,^}	Home Capital Group Inc. Class B		1,025,411		13,724
^{^}	Crescent Point Energy Corp.		9,727,278		13,557
^{^}	Boardwalk REIT		708,237		13,529
^*	Bombardier Inc. Class B		37,639,053		13,250
	Fortis Inc. (XNYS)		338,922		13,133
	Aecon Group Inc.		1,194,536		13,122
^{*,^}	Lightspeed POS Inc.		689,314		13,059
	Cineplex Inc.		1,082,739		12,944
^{*,^}	Aphria Inc.		3,631,668		12,889
	Cascades Inc.		1,256,368		12,573
	Transcontinental Inc. Class A		1,381,649		12,517
^*	Celestica Inc.		1,877,757		11,723
^{^}	Vermilion Energy Inc.		2,349,173		11,561
	NFI Group Inc.		987,147		11,290
	ECN Capital Corp.		3,892,289		11,045
	Hudbay Minerals Inc.		4,469,737		10,918
	Enerplus Corp.		3,997,392		10,769
^{*,^}	MEG Energy Corp.		4,512,612		10,082
^{^}	Whitecap Resources Inc.		7,526,793		9,896
^*	Seven Generations Energy Ltd. Class A		4,513,248		9,338
^{^}	Westshore Terminals Investment Corp.		859,532		9,213
^*	Canfor Corp.		1,227,639		8,555
	Martinrea International Inc.		1,349,428		8,153
^*	Turquoise Hill Resources Ltd.		15,850,645		7,743
^{^}	Corus Entertainment Inc. Class B		3,317,735		7,556
^{^}	Mullen Group Ltd.		1,636,558		6,796
	Pason Systems Inc.		1,244,823		6,770
	Enerflex Ltd.		1,598,819		6,030

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	First National Financial Corp.		210,717		4,843
^*	Stars Group Inc. (XNGS)		139,417		3,898
^*	Kelt Exploration Ltd.		2,706,710		3,111
^*	Baytex Energy Corp.		9,543,079		3,051
^{^}	Secure Energy Services Inc.		2,535,951		2,277
	TORC Oil & Gas Ltd.		2,584,529		2,080
^{^}	ShawCor Ltd.		1,142,032		1,674
^{*,^}	Paramount Resources Ltd. Class A		1,148,310		1,567
^*	Aurinia Pharmaceuticals Inc.		45,087		782
^*	Bausch Health Cos. Inc. (XNYS)		14,402		261
^*	Poseidon Concepts Corp.		320,721		—
					24,297,169
Chile (0.2%)
	Enel Americas SA		599,598,484		98,389
	Banco de Chile		814,705,632		71,820
	Empresas COPEC SA		8,639,976		53,999
	Empresas CMPC SA		19,576,782		42,204
	Enel Chile SA		451,340,457		36,755
	Falabella SA		12,979,189		35,444
^*	Banco Santander Chile		819,121,516		35,172
	Sociedad Quimica y Minera de Chile SA Preference Shares Class B		1,255,681		29,854
	Cencosud SA		24,480,383		29,615
	Banco de Credito e Inversiones SA		733,507		27,233
	Cia Cervecerias Unidas SA		2,394,927		17,211
	Colbun SA		113,413,870		16,641
	Parque Arauco SA		9,591,971		16,097
	Aguas Andinas SA Class A		44,905,812		15,060
	Banco Santander Chile ADR		819,080		13,777
^*	Cencosud Shopping SA		7,727,919		13,699
^*	Empresa Nacional de Telecomunicaciones SA		2,171,245		13,133
	Latam Airlines Group SA		3,115,657		11,774
^{^}	Sociedad Quimica y Minera de Chile SA ADR		453,357		10,337
	Vina Concha y Toro SA		5,714,453		9,000
	Engie Energia Chile SA		7,111,317		8,775
	Embotelladora Andina SA Preference Shares		3,393,219		8,104
	Enel Americas SA ADR		999,999		8,090
	Itau CorpBanca Chile SA		2,624,121,195		7,427
	AES Gener SA		41,225,609		6,074
^*	Cap SA		1,216,371		5,937
	Inversiones Aguas Metropolitanas SA		7,059,709		5,665
	Plaza SA		3,889,606		5,600
^*	Cia Sud Americana de Vapores SA		231,800,673		5,553
	Smu SA		32,184,489		5,397
	Sonda SA		7,733,532		4,678
	Enel Chile SA ADR		884,923		3,549
	Inversiones La Construccion SA		443,003		3,343
	Ripley Corp. SA		9,105,203		2,835
^{^}	Latam Airlines Group SA ADR		610,333		2,319
	Salfacorp SA		4,942,048		2,137
	Besalco SA		3,154,215		1,400
	Forus SA		1,101,258		1,240
					685,337
China (9.9%)
^*	Alibaba Group Holding Ltd. ADR		30,668,078		6,215,499
	Tencent Holdings Ltd.		99,594,819		5,235,644
	China Construction Bank Corp. Class H		1,621,633,674		1,301,626
	Ping An Insurance Group Co. of China Ltd.		95,845,698		975,351
	Industrial & Commercial Bank of China Ltd. Class H		1,368,457,436		917,563
^*	Meituan Dianping Class B		59,855,641		801,412
	China Mobile Ltd.		92,202,742		741,223
^*	JD.com Inc. ADR		13,911,510		599,586
	Bank of China Ltd. Class H		1,335,960,199		508,604
^*	Baidu Inc. ADR		4,829,710		487,463
	NetEase Inc. ADR		1,248,259		430,599

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	TAL Education Group ADR		5,938,804		321,824
	China Merchants Bank Co. Ltd. Class H		67,213,796		318,077
	CNOOC Ltd.		277,269,496		306,555
^*	New Oriental Education & Technology Group Inc. ADR		2,393,342		305,534
	China Life Insurance Co. Ltd. Class H		130,804,802		278,967
	China Overseas Land & Investment Ltd.		67,262,002		248,462
^*,1	Xiaomi Corp. Class B		186,813,452		245,024
	Agricultural Bank of China Ltd. Class H		548,601,854		228,209
	China Petroleum & Chemical Corp. Class H		451,059,280		224,814
^*,1	Wuxi Biologics Cayman Inc.		13,774,001		214,412
	ZTO Express Cayman Inc. ADR		6,827,070		203,174
^*	Trip.com Group Ltd. ADR		7,759,919		199,896
	China Resources Land Ltd.		48,210,934		199,218
	Sunac China Holdings Ltd.		43,157,458		193,054
	Kweichow Moutai Co. Ltd. Class A		1,070,435		190,691
^*,1	China Tower Corp. Ltd. Class H		814,946,592		181,362
	ANTA Sports Products Ltd.		20,966,351		178,550
	Anhui Conch Cement Co. Ltd. Class H		21,587,735		170,227
	Country Garden Holdings Co. Ltd.		129,124,312		167,265
	China Gas Holdings Ltd.		45,642,302		166,080
	Sino Biopharmaceutical Ltd.		112,069,855		163,353
^*	Alibaba Health Information Technology Ltd.		67,123,147		160,559
	Sunny Optical Technology Group Co. Ltd.		11,363,219		158,239
¹	Longfor Group Holdings Ltd.		30,111,063		153,086
	China Pacific Insurance Group Co. Ltd. Class H		45,813,799		151,572
	CSPC Pharmaceutical Group Ltd.		76,522,745		151,493
	ENN Energy Holdings Ltd.		13,270,527		149,592
	Shenzhou International Group Holdings Ltd.		12,572,470		145,107
	China Conch Venture Holdings Ltd.		28,698,429		137,218
	Geely Automobile Holdings Ltd.		86,575,108		134,670
	China Resources Beer Holdings Co. Ltd.		27,651,604		130,234
	PetroChina Co. Ltd. Class H		356,622,919		128,096
^*	Vipshop Holdings Ltd.		7,541,051		120,129
	PICC Property & Casualty Co. Ltd. Class H		118,659,229		113,550
	Hengan International Group Co. Ltd.		12,426,131		110,505
	China Shenhua Energy Co. Ltd. Class H		61,041,006		108,140
	Guangdong Investment Ltd.		51,370,386		106,772
^*,1	Innovent Biologics Inc.		20,642,440		101,660
	Country Garden Services Holdings Co. Ltd.		21,905,218		101,206
	Shimao Property Holdings Ltd.		24,593,293		99,969
	Li Ning Co. Ltd.		31,496,322		99,449
¹	Postal Savings Bank of China Co. Ltd. Class H		161,903,079		96,746
	China Vanke Co. Ltd. Class H		28,683,132		96,396
^*	Pinduoduo Inc. ADR		1,918,593		91,018
	CITIC Ltd.		86,231,252		89,560
^*	58.com Inc. ADR		1,710,816		88,877
	China Minsheng Banking Corp. Ltd. Class H		119,086,748		88,708
	Bank of Communications Co. Ltd. Class H		139,025,222		88,101
	Ping An Insurance Group Co. of China Ltd. Class A		8,370,947		87,219
^*,1	Ping An Healthcare and Technology Co. Ltd.		6,288,340		86,628
	China National Building Material Co. Ltd. Class H		68,037,923		84,989
	China Telecom Corp. Ltd. Class H		243,235,616		84,014
	Autohome Inc. ADR		980,626		80,558
	China Merchants Bank Co. Ltd. Class A		16,224,194		79,904
	China Resources Gas Group Ltd.		13,998,069		78,674
^{^}	BYD Co. Ltd. Class H		12,149,623		75,557
	CITIC Securities Co. Ltd. Class H		39,403,914		75,478
	China CITIC Bank Corp. Ltd. Class H		153,186,455		74,837
	China Jinmao Holdings Group Ltd.		103,320,619		72,744
^{^}	China Evergrande Group		37,756,308		67,121
	China Unicom Hong Kong Ltd.		103,352,850		66,842
	Yihai International Holding Ltd.		8,282,054		65,999
^{*,^}	iQIYI Inc. ADR		3,869,014		65,657
	Huazhu Group Ltd. ADR		1,797,881		64,742

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*,1	Hansoh Pharmaceutical Group Co. Ltd.		16,484,000		63,649
	Wuliangye Yibin Co. Ltd. Class A		3,256,073		61,947
	Shandong Weigao Group Medical Polymer Co. Ltd. Class H		40,658,413		61,766
	Weichai Power Co. Ltd. Class H		34,446,699		60,523
	Haier Electronics Group Co. Ltd.		21,632,631		59,578
	Sinopharm Group Co. Ltd. Class H		21,863,796		58,953
^*	JOYY Inc. ADR		934,777		56,984
	Kingdee International Software Group Co. Ltd.		39,113,602		55,939
	Haitong Securities Co. Ltd. Class H		59,367,659		53,747
	New China Life Insurance Co. Ltd. Class H		15,466,692		53,588
^{*,^}	GDS Holdings Ltd. ADR		934,481		53,564
	China Resources Cement Holdings Ltd.		39,337,470		53,527
	China Communications Construction Co. Ltd. Class H		79,455,149		53,405
^*	Kingsoft Corp. Ltd.		15,128,523		51,954
¹	Huatai Securities Co. Ltd. Class H		30,680,390		50,880
	Fosun International Ltd.		40,316,032		50,615
	Agricultural Bank of China Ltd. Class A		102,468,300		50,090
	Guangzhou Automobile Group Co. Ltd. Class H		55,788,027		50,059
^*,1	CGN Power Co. Ltd. Class H		194,310,885		48,879
^*	Jiangsu Hengrui Medicine Co. Ltd. Class A		3,750,888		48,782
^*	China Biologic Products Holdings Inc.		453,898		47,314
¹	People's Insurance Co. Group of China Ltd. Class H		141,993,409		46,472
	Brilliance China Automotive Holdings Ltd.		49,913,373		46,182
	CIFI Holdings Group Co. Ltd.		59,951,558		45,799
^{*,^}	NIO Inc. ADR		12,951,095		44,163
	Zhongsheng Group Holdings Ltd.		10,959,550		43,988
	China Taiping Insurance Holdings Co. Ltd.		25,745,405		43,407
	Industrial & Commercial Bank of China Ltd. Class A		59,237,498		43,235
	Momo Inc. ADR		1,779,366		42,847
	Zijin Mining Group Co. Ltd. Class H		103,105,877		42,095
^*	ZTE Corp. Class H		14,803,655		41,726
	Industrial Bank Co. Ltd. Class A		17,362,579		40,558
^*	Zai Lab Ltd. ADR		645,180		40,466
	Tsingtao Brewery Co. Ltd. Class H		6,573,530		39,934
	China Railway Group Ltd. Class H		66,230,471		39,601
	China Resources Power Holdings Co. Ltd.		33,120,592		39,230
	CRRC Corp. Ltd. Class H		72,228,919		38,235
	Gree Electric Appliances Inc. of Zhuhai Class A		4,988,918		38,168
	China Railway Construction Corp. Ltd. Class H		34,578,870		37,968
	Shanghai Pudong Development Bank Co. Ltd. Class A		25,096,568		37,574
	China Everbright International Ltd.		64,603,985		37,360
	Great Wall Motor Co. Ltd. Class H		55,853,375		37,341
	Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H		9,868,854		37,284
	Beijing Enterprises Water Group Ltd.		95,975,986		37,244
¹	WuXi AppTec Co. Ltd. Class H		2,565,937		36,176
^*	SINA Corp.		1,057,646		35,717
	Hangzhou Hikvision Digital Technology Co. Ltd. Class A		7,807,815		35,054
^{^}	Seazen Group Ltd.		35,607,230		34,601
^{*,^}	Weibo Corp. ADR		916,498		34,396
	Dongfeng Motor Group Co. Ltd. Class H		51,247,816		33,991
	Kunlun Energy Co. Ltd.		52,131,874		33,964
	KWG Group Holdings Ltd.		22,691,665		33,568
	Beijing Enterprises Holdings Ltd.		9,339,091		33,085
¹	A-Living Services Co. Ltd. Class H		5,864,360		32,418
¹	China Galaxy Securities Co. Ltd. Class H		63,604,765		32,299
	Muyuan Foodstuff Co. Ltd. Class A		1,794,368		32,120
	Kingboard Holdings Ltd.		13,078,904		31,907
	BYD Electronic International Co. Ltd.		13,843,310		31,877
	Ping An Bank Co. Ltd. Class A		16,153,171		31,517
	Shenzhen International Holdings Ltd.		16,231,418		31,371
	China Cinda Asset Management Co. Ltd. Class H		161,690,775		31,338
^*	Alibaba Pictures Group Ltd.		232,496,993		31,140
	China Communications Services Corp. Ltd. Class H		42,907,676		30,585
	China Longyuan Power Group Corp. Ltd. Class H		60,566,346		30,273

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^{^,1}	China International Capital Corp. Ltd. Class H		19,628,549		30,144
	GF Securities Co. Ltd. Class H		27,606,523		29,956
	China Merchants Port Holdings Co. Ltd.		22,922,510		29,503
	Luxshare Precision Industry Co. Ltd. Class A		4,456,850		29,388
	TravelSky Technology Ltd. Class H		16,599,367		29,313
^{*,^}	GSX Techedu Inc. ADR		738,516		29,216
	Agile Group Holdings Ltd.		25,834,424		29,058
	China Yangtze Power Co. Ltd. Class A		11,621,483		28,627
	Logan Property Holdings Co. Ltd.		18,069,290		28,484
^*	Shenzhen Mindray Bio-Medical Electronics Co. Ltd. Class A		782,610		28,039
	Zhuzhou CRRC Times Electric Co. Ltd. Class H		9,130,379		27,931
	Far East Horizon Ltd.		34,364,637		27,819
	Bank of China Ltd. Class A		56,321,600		27,683
	Yanzhou Coal Mining Co. Ltd. Class H		36,161,712		27,474
	Huaneng Power International Inc. Class H		72,554,215		27,276
	China Vanke Co. Ltd. Class A		7,236,838		27,156
^*	Genscript Biotech Corp.		15,075,141		26,885
	Nine Dragons Paper Holdings Ltd.		28,052,188		26,838
^*,1	CanSino Biologics Inc. Class H		1,269,200		26,779
	China Oilfield Services Ltd. Class H		34,257,604		26,684
^{^,1}	Haidilao International Holding Ltd.		6,152,133		26,662
	Yangzijiang Shipbuilding Holdings Ltd.		37,629,333		26,093
	Shanghai Pharmaceuticals Holding Co. Ltd. Class H		14,805,423		26,061
	China Medical System Holdings Ltd.		22,115,348		26,034
	China Overseas Property Holdings Ltd.		23,544,808		26,031
^*	51job Inc. ADR		433,303		25,972
	China Aoyuan Group Ltd.		22,061,569		25,921
	Jiangsu Expressway Co. Ltd. Class H		21,710,294		25,915
	China State Construction Engineering Corp. Ltd. Class A		35,143,738		25,831
	CITIC Securities Co. Ltd. Class A		7,662,712		25,350
	Guangzhou R&F Properties Co. Ltd. Class H		19,917,094		25,292
^*,1	Tongcheng-Elong Holdings Ltd.		14,708,329		24,802
^*	Bilibili Inc. ADR		902,664		24,724
	China Lesso Group Holdings Ltd.		16,715,293		23,953
	Sinotruk Hong Kong Ltd.		11,813,177		23,952
	Air China Ltd. Class H		33,187,059		23,663
	China State Construction International Holdings Ltd.		30,479,666		23,631
	China Everbright Ltd.		15,454,025		23,626
	Shandong Gold Mining Co. Ltd. Class A		4,592,461		23,372
^{*,^}	GOME Retail Holdings Ltd.		197,623,464		22,943
	Times China Holdings Ltd.		13,606,589		22,825
	Poly Developments and Holdings Group Co. Ltd. Class A		9,989,525		22,676
^*	Tencent Music Entertainment Group ADR		1,946,361		22,208
^*,1	3SBio Inc.		21,545,757		21,843
	China Molybdenum Co. Ltd. Class H		72,170,781		21,774
¹	Dali Foods Group Co. Ltd.		35,226,715		21,762
^*	21Vianet Group Inc. ADR		1,450,993		21,721
¹	Guotai Junan Securities Co. Ltd. Class H		15,248,967		21,705
¹	China Huarong Asset Management Co. Ltd. Class H		193,381,692		21,553
	Anhui Conch Cement Co. Ltd. Class A		2,551,700		21,395
^{*,^,1}	Koolearn Technology Holding Ltd.		4,444,500		21,333
	Yuexiu Property Co. Ltd.		112,182,674		21,329
^{*,^,1}	Jinxin Fertility Group Ltd.		16,908,000		21,320
	SAIC Motor Corp. Ltd. Class A		8,045,576		21,301
	Beijing Capital International Airport Co. Ltd. Class H		31,741,490		21,267
	China Everbright Bank Co. Ltd. Class H		49,771,389		21,121
	Zhaojin Mining Industry Co. Ltd. Class H		18,631,357		20,933
	Jiangxi Copper Co. Ltd. Class H		21,451,962		20,870
^{*,^,1}	ZhongAn Online P&C Insurance Co. Ltd. Class H		5,991,559		20,781
	Zoomlion Heavy Industry Science and Technology Co. Ltd. Class H		25,547,461		20,683
	China International Travel Service Corp. Ltd. Class A		1,611,092		20,652
	China Hongqiao Group Ltd.		41,801,181		20,606
^*	Inner Mongolia Yili Industrial Group Co. Ltd. Class A		4,885,300		20,031
	China Pacific Insurance Group Co. Ltd. Class A		4,550,116		19,589

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	China Everbright Bank Co. Ltd. Class A		37,202,109		19,575
	Ausnutria Dairy Corp. Ltd.		10,602,031		19,553
	Zhejiang Expressway Co. Ltd. Class H		25,837,672		19,541
	China Minsheng Banking Corp. Ltd. Class A		23,309,300		19,367
	China Traditional Chinese Medicine Holdings Co. Ltd.		43,773,791		19,213
	Sany Heavy Industry Co. Ltd. Class A		6,944,800		19,066
¹	Fuyao Glass Industry Group Co. Ltd. Class H		8,588,174		18,737
^{^}	Chinasoft International Ltd.		35,556,644		18,659
	Greentown Service Group Co. Ltd.		14,153,637		18,626
	Yuzhou Properties Co. Ltd.		43,620,942		18,584
¹	China Resources Pharmaceutical Group Ltd.		29,481,504		18,515
	SSY Group Ltd.		26,206,069		18,453
^{^,1}	China Yuhua Education Corp. Ltd.		18,131,276		18,236
^*	Chongqing Rural Commercial Bank Co. Ltd. Class H		41,566,810		18,134
	Kingboard Laminates Holdings Ltd.		18,699,570		18,097
	Shenzhen Investment Ltd.		53,855,683		17,680
^*	BEST Inc. ADR		3,266,579		17,542
	Bank of Ningbo Co. Ltd. Class A		4,793,657		17,512
	AviChina Industry & Technology Co. Ltd. Class H		44,368,976		17,511
	Sinopec Shanghai Petrochemical Co. Ltd. Class H		64,139,134		17,414
^*,1	China Literature Ltd.		3,884,955		17,342
^*	Aluminum Corp. of China Ltd. Class H		80,905,642		17,028
	China United Network Communications Ltd. Class A		23,170,800		16,994
¹	AK Medical Holdings Ltd.		6,328,000		16,978
	Shenwan Hongyuan Group Co. Ltd. Class A		27,603,432		16,940
	Jiangsu Yanghe Brewery Joint-Stock Co. Ltd. Class A		1,211,747		16,792
	Bank of Communications Co. Ltd. Class A		22,747,591		16,635
	New Hope Liuhe Co. Ltd. Class A		3,576,599		16,523
¹	BAIC Motor Corp. Ltd. Class H		37,585,494		16,443
	Haitian International Holdings Ltd.		9,276,765		16,414
^{^}	China Southern Airlines Co. Ltd. Class H		32,469,338		16,236
	Wanhua Chemical Group Co. Ltd. Class A		2,559,583		16,121
	Lee & Man Paper Manufacturing Ltd.		26,160,661		16,071
	CRRC Corp. Ltd. Class A		18,443,228		16,046
	Anhui Gujing Distillery Co. Ltd. Class B		1,901,048		16,034
	Aier Eye Hospital Group Co. Ltd. Class A		2,586,851		16,034
	China Yongda Automobiles Services Holdings Ltd.		15,794,504		15,923
	SOHO China Ltd.		33,056,276		15,840
	China Power International Development Ltd.		77,109,907		15,705
	Shenzhen Expressway Co. Ltd. Class H		13,497,657		15,476
	COSCO SHIPPING Ports Ltd.		28,932,722		15,414
^*	HUYA Inc. ADR		942,236		15,292
	China Life Insurance Co. Ltd. Class A		3,789,302		15,153
¹	China Merchants Securities Co. Ltd. Class H		13,774,243		15,116
	Greentown China Holdings Ltd.		13,961,306		15,087
	Shanghai International Airport Co. Ltd. Class A		1,519,252		15,068
	China Petroleum & Chemical Corp. Class A		23,888,516		15,042
	Powerlong Real Estate Holdings Ltd.		24,621,597		15,038
	Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B		18,113,393		14,949
^{*,^,1}	Weimob Inc.		19,953,000		14,742
	BOE Technology Group Co. Ltd. Class A		28,014,500		14,699
	China Merchants Shekou Industrial Zone Holdings Co. Ltd. Class A		6,123,387		14,679
	Kaisa Group Holdings Ltd.		38,316,208		14,660
^*	Henan Shuanghui Investment & Development Co. Ltd. Class A		2,553,780		14,521
¹	Luye Pharma Group Ltd.		29,710,951		14,427
^*	Ever Sunshine Lifestyle Services Group Ltd.		10,156,000		14,381
	China Merchants Securities Co. Ltd. Class A		5,564,179		14,377
^*	Wingtech Technology Co. Ltd. Class A		965,346		14,355
^{*,^}	China Eastern Airlines Corp. Ltd. Class H		34,859,903		14,167
^{^}	China Grand Pharmaceutical and Healthcare Holdings Ltd.		21,272,239		14,128
^*	Will Semiconductor Ltd. Class A		518,831		14,083
	Bank of Shanghai Co. Ltd. Class A		12,198,579		14,062
	China SCE Group Holdings Ltd.		31,936,373		14,005
	China Overseas Grand Oceans Group Ltd.		22,334,288		13,988

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Foshan Haitian Flavouring & Food Co. Ltd. Class A		806,415		13,922
	Changchun High & New Technology Industry Group Inc. Class A		167,097		13,908
^*	SF Holding Co. Ltd. Class A		2,119,755		13,863
	Vinda International Holdings Ltd.		4,626,987		13,852
	COSCO SHIPPING Energy Transportation Co. Ltd. Class H		21,105,088		13,817
¹	Fu Shou Yuan International Group Ltd.		15,225,902		13,769
¹	CSC Financial Co. Ltd. Class H		15,021,623		13,769
	Huatai Securities Co. Ltd. Class A		5,413,500		13,709
	East Money Information Co. Ltd. Class A		5,369,800		13,666
	Yonyou Network Technology Co. Ltd. Class A		2,080,143		13,494
^{*,^}	Baozun Inc. ADR		420,754		13,397
	Shanghai Industrial Holdings Ltd.		7,868,874		13,387
	Luzhou Laojiao Co. Ltd. Class A		1,203,380		13,344
^*	ZTE Corp. Class A		2,301,064		13,169
^{^,1}	Hua Hong Semiconductor Ltd.		6,806,323		13,154
	Contemporary Amperex Technology Co. Ltd. Class A		658,710		13,073
	Shanghai Electric Group Co. Ltd. Class H		42,234,099		12,981
	Shanghai Baosight Software Co. Ltd. Class B		5,817,623		12,967
	Bank of Beijing Co. Ltd. Class A		18,217,314		12,797
	LONGi Green Energy Technology Co. Ltd. Class A		2,947,186		12,751
	Bosideng International Holdings Ltd.		46,626,029		12,641
	Xinjiang Goldwind Science & Technology Co. Ltd. Class H		12,864,278		12,613
	China Construction Bank Corp. Class A		13,864,801		12,584
	Sino-Ocean Group Holding Ltd.		48,179,150		12,548
^*,1	China Railway Signal & Communication Corp. Ltd. Class H		25,057,867		12,385
	Yunnan Baiyao Group Co. Ltd. Class A		968,717		12,343
	BYD Co. Ltd. Class A		1,474,074		12,329
	Huaxia Bank Co. Ltd. Class A		13,311,476		12,318
	China Reinsurance Group Corp. Class H		104,519,251		12,247
^{^}	Fanhua Inc. ADR		646,180		12,232
^*,1	China East Education Holdings Ltd.		7,595,000		12,202
	Daqin Railway Co. Ltd. Class A		11,877,555		12,051
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class H		4,534,597		11,865
	NetDragon Websoft Holdings Ltd.		4,271,745		11,814
	China Oriental Group Co. Ltd.		39,073,924		11,809
^*	Alibaba Group Holding Ltd.		464,200		11,781
	Livzon Pharmaceutical Group Inc. Class H		2,632,893		11,733
	China Water Affairs Group Ltd.		15,148,504		11,515
	Haitong Securities Co. Ltd. Class A		6,397,800		11,510
	Ganfeng Lithium Co. Ltd. Class A		1,791,915		11,496
	Inner Mongolia Yitai Coal Co. Ltd. Class B		18,632,366		11,437
	China Railway Construction Corp. Ltd. Class A		8,345,200		11,432
	Zhenro Properties Group Ltd.		17,754,494		11,388
^*	COSCO SHIPPING Holdings Co. Ltd. Class H		39,372,549		11,375
¹	Sinopec Engineering Group Co. Ltd. Class H		23,702,780		11,364
	China Education Group Holdings Ltd.		6,759,085		11,343
	China Shipbuilding Industry Co. Ltd. Class A		19,313,600		11,334
	Yonghui Superstores Co. Ltd. Class A		7,866,381		11,243
^*	China Meidong Auto Holdings Ltd.		6,246,000		11,239
	Chongqing Zhifei Biological Products Co. Ltd. Class A		1,011,600		11,230
	Yuexiu REIT		22,884,441		11,225
	Shanxi Xinghuacun Fen Wine Factory Co. Ltd. Class A		744,442		11,202
	Haier Smart Home Co. Ltd. Class A		5,154,094		11,125
	NARI Technology Co. Ltd. Class A		3,926,966		11,084
	Poly Property Group Co. Ltd.		31,520,691		11,032
	Guotai Junan Securities Co. Ltd. Class A		4,619,900		10,936
^{*,^,1}	Shanghai Junshi Biosciences Co. Ltd. Class H		2,248,600		10,830
	Health & Happiness H&H International Holdings Ltd.		2,767,715		10,585
	Digital China Holdings Ltd.		19,811,782		10,572
	Baoshan Iron & Steel Co. Ltd. Class A		15,396,944		10,554
	China CITIC Bank Corp. Ltd. Class A		14,353,484		10,524
	Lonking Holdings Ltd.		30,847,942		10,452
^*	Gigadevice Semiconductor Beijing Inc. Class A		268,300		10,426
	Hopson Development Holdings Ltd.		9,305,172		10,422

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Shenzhen Kangtai Biological Products Co. Ltd. Class A		553,658		10,362
	Sanan Optoelectronics Co. Ltd. Class A		3,382,900		10,326
	Lao Feng Xiang Co. Ltd. Class B		3,713,917		10,321
	Tianneng Power International Ltd.		10,474,340		10,252
	Zhangzhou Pientzehuang Pharmaceutical Co. Ltd. Class A		516,146		10,150
	Hollysys Automation Technologies Ltd.		707,191		10,141
	China Shenhua Energy Co. Ltd. Class A		4,494,666		10,099
^*	Citic Pacific Special Steel Group Co. Ltd. Class A		4,450,246		10,065
^*	Mango Excellent Media Co. Ltd. Class A		1,541,299		10,012
	BBMG Corp. Class H		39,501,494		9,987
	Angang Steel Co. Ltd. Class H		36,265,390		9,776
¹	YiChang HEC ChangJiang Pharmaceutical Co. Ltd. Class H		2,589,816		9,767
^*	LexinFintech Holdings Ltd. ADR		1,158,055		9,762
	Ronshine China Holdings Ltd.		9,323,841		9,760
^{^,1}	Zhou Hei Ya International Holdings Co. Ltd.		17,276,325		9,712
¹	Midea Real Estate Holding Ltd.		3,745,213		9,622
	New China Life Insurance Co. Ltd. Class A		1,523,421		9,592
¹	Legend Holdings Corp. Class H		8,154,424		9,543
^{^}	Comba Telecom Systems Holdings Ltd.		23,017,088		9,331
^{*,^}	DouYu International Holdings Ltd. ADR		1,222,537		9,279
	China Coal Energy Co. Ltd. Class H		34,304,267		9,178
¹	Qingdao Port International Co. Ltd. Class H		16,901,551		9,095
	Hundsun Technologies Inc. Class A		624,730		8,970
	Sany Heavy Equipment International Holdings Co. Ltd.		16,590,879		8,912
	Huadian Power International Corp. Ltd. Class H		25,564,944		8,894
	Huaxin Cement Co. Ltd. Class B		5,224,863		8,832
^*	Tianli Education International Holdings Ltd.		17,604,000		8,804
	Chongqing Changan Automobile Co. Ltd. Class B		17,948,945		8,697
	NAURA Technology Group Co. Ltd. Class A		410,602		8,652
	GF Securities Co. Ltd. Class A		4,503,368		8,633
	Weichai Power Co. Ltd. Class A		4,558,400		8,549
	Yanlord Land Group Ltd.		11,374,060		8,503
	Suning.com Co. Ltd. Class A		7,155,038		8,478
	Shengyi Technology Co. Ltd. Class A		1,871,400		8,472
^*,1	Hope Education Group Co. Ltd.		29,916,000		8,393
	Guangdong Haid Group Co. Ltd. Class A		1,368,601		8,345
	Seazen Holdings Co. Ltd.		1,876,181		8,325
^*	JinkoSolar Holding Co. Ltd. ADR		525,953		8,321
	Tong Ren Tang Technologies Co. Ltd. Class H		10,466,836		8,293
	Bank of Nanjing Co. Ltd. Class A		7,606,200		8,238
	Iflytek Co. Ltd. Class A		1,767,600		8,204
	Hualan Biological Engineering Inc. Class A		1,476,885		8,086
	Zhongyu Gas Holdings Ltd.		9,439,202		8,083
	Sinotrans Ltd. Class H		33,278,377		8,072
	China Fortune Land Development Co. Ltd. Class A		2,403,487		8,071
^*	Q Technology Group Co. Ltd.		6,724,615		8,046
	Anhui Gujing Distillery Co. Ltd. Class A		422,637		7,998
	Fufeng Group Ltd.		23,249,303		7,968
^*	Lifetech Scientific Corp.		36,047,719		7,944
	Focus Media Information Technology Co. Ltd. Class A		11,661,872		7,908
	Zijin Mining Group Co. Ltd. Class A		14,413,067		7,884
	Lepu Medical Technology Beijing Co. Ltd. Class A		1,472,060		7,865
^*	Daqo New Energy Corp. ADR		150,353		7,838
	Jiayuan International Group Ltd.		18,706,527		7,798
	Dongyue Group Ltd.		17,272,577		7,652
^*	Eve Energy Co. Ltd. Class A		813,499		7,625
^*,1	China Logistics Property Holdings Co. Ltd.		20,179,719		7,584
	Yuexiu Transport Infrastructure Ltd.		10,703,624		7,472
	Skyworth Group Ltd.		32,430,356		7,449
	Huayu Automotive Systems Co. Ltd. Class A		2,600,205		7,404
^*	Lingyi iTech Guangdong Co. Class A		5,700,800		7,373
	Shaanxi Coal Industry Co. Ltd. Class A		6,874,310		7,303
^*	Bitauto Holdings Ltd. ADR		594,829		7,233
^{^}	China International Marine Containers Group Co. Ltd. Class H		8,158,921		7,224

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Glodon Co. Ltd. Class A		979,611		7,195
	China Maple Leaf Educational Systems Ltd.		24,399,880		7,173
	Sihuan Pharmaceutical Holdings Group Ltd.		72,105,198		7,155
	Gemdale Corp. Class A		3,792,966		7,131
	Zhejiang Sanhua Intelligent Controls Co. Ltd. Class A		2,318,163		7,105
	Walvax Biotechnology Co. Ltd. Class A		1,248,465		7,085
	GoerTek Inc. Class A		2,618,886		7,060
	Hithink RoyalFlush Information Network Co. Ltd. Class A		425,731		7,057
	Metallurgical Corp. of China Ltd. Class H		40,414,700		7,014
^{^}	Tiangong International Co. Ltd.		21,933,378		6,981
^*	TCL Technology Group Corp. Class A		10,768,900		6,973
	Founder Securities Co. Ltd. Class A		6,993,200		6,964
	Orient Securities Co. Ltd. Class A		5,261,140		6,928
	China National Nuclear Power Co. Ltd. Class A		11,320,400		6,920
^*	Inspur Electronic Information Industry Co. Ltd. Class A		1,179,452		6,894
	Zhejiang NHU Co. Ltd. Class A		1,791,392		6,869
	Jiangxi Bank Co. Ltd. Class H		15,469,882		6,849
¹	Genertec Universal Medical Group Co. Ltd.		11,244,349		6,838
	Huadian Fuxin Energy Corp. Ltd. Class H		38,204,617		6,791
^{*,^}	China Tobacco International HK Co. Ltd.		3,479,000		6,790
	Shanghai Electric Group Co. Ltd. Class A		9,922,935		6,783
	Hangzhou Tigermed Consulting Co. Ltd. Class A		626,680		6,718
^*	Foxconn Industrial Internet Co. Ltd. Class A		3,252,792		6,700
	Datang International Power Generation Co. Ltd. Class H		46,310,343		6,700
	Jiangsu Hengli Hydraulic Co. Ltd. Class A		686,607		6,696
^*	GCL-Poly Energy Holdings Ltd.		234,509,206		6,674
^*	Times Neighborhood Holdings Ltd.		7,836,303		6,672
	Xtep International Holdings Ltd.		17,353,990		6,666
	Shougang Concord International Enterprises Co. Ltd.		34,449,186		6,623
	China Suntien Green Energy Corp. Ltd. Class H		28,356,892		6,604
	Yantai Changyu Pioneer Wine Co. Ltd. Class B		3,752,817		6,574
¹	Orient Securities Co. Ltd. Class H		12,768,292		6,560
	Sinopec Kantons Holdings Ltd.		14,806,826		6,545
	Shenzhen Inovance Technology Co. Ltd. Class A		1,420,520		6,523
¹	Redco Properties Group Ltd.		13,875,960		6,508
	AECC Aviation Power Co. Ltd. Class A		1,865,600		6,489
^{^}	Greatview Aseptic Packaging Co. Ltd.		17,425,304		6,422
	Beijing Oriental Yuhong Waterproof Technology Co. Ltd. Class A		1,189,270		6,419
	SDIC Power Holdings Co. Ltd. Class A		5,842,746		6,339
	COSCO SHIPPING Development Co. Ltd. Class H		60,197,171		6,223
	West China Cement Ltd.		34,499,253		6,149
	Shanghai Fosun Pharmaceutical Group Co. Ltd. Class A		1,306,794		6,138
	Metallurgical Corp. of China Ltd. Class A		16,923,594		6,112
	Yealink Network Technology Corp. Ltd. Class A		480,610		6,104
¹	Red Star Macalline Group Corp. Ltd. Class H		9,497,698		6,032
	Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd. Class A		1,187,100		6,025
¹	Yadea Group Holdings Ltd.		16,176,270		6,019
^*	So-Young International Inc. ADR		579,025		6,004
^{^}	Hisense Home Appliances Group Co. Ltd.		6,172,259		5,970
^*,1	Meitu Inc.		32,858,158		5,969
	O-Net Technologies Group Ltd.		9,545,476		5,930
	CSC Financial Co. Ltd. Class A		1,208,700		5,887
^{*,^,1}	China Metal Resources Utilization Ltd.		15,485,900		5,854
	Shenzhen Overseas Chinese Town Co. Ltd. Class A		6,351,466		5,827
^{^,1}	Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. Class H		3,131,673		5,826
	Tianjin Zhonghuan Semiconductor Co. Ltd. Class A		2,301,900		5,552
^{^}	Maanshan Iron & Steel Co. Ltd. Class H		16,974,000		5,505
	China Zhongwang Holdings Ltd.		22,889,483		5,502
	Skyfame Realty Holdings Ltd.		41,626,327		5,490
	Shandong Chenming Paper Holdings Ltd. Class B		14,198,470		5,480
^*,1	CStone Pharmaceuticals		5,320,500		5,465
^{*,^}	Noah Holdings Ltd. ADR		196,811		5,463
	AVIC Aircraft Co. Ltd. Class A		2,196,100		5,436
^*	China Merchants Energy Shipping Co. Ltd. Class A		5,695,821		5,434

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Hangzhou Steam Turbine Co. Ltd. Class B		5,554,436		5,406
^{*,^,1}	Maoyan Entertainment		3,972,000		5,356
^{^}	China Tian Lun Gas Holdings Ltd.		6,824,284		5,349
	Jiangxi Zhengbang Technology Co. Ltd. Class A		2,050,602		5,348
	Everbright Securities Co. Ltd. Class A		3,388,300		5,298
^*	Zhongliang Holdings Group Co. Ltd.		7,238,500		5,279
^*	Zhejiang Dahua Technology Co. Ltd. Class A		2,235,793		5,271
	Songcheng Performance Development Co. Ltd. Class A		1,255,800		5,270
^*	Jafron Biomedical Co. Ltd. Class A		336,757		5,260
^*	COSCO SHIPPING Holdings Co. Ltd. Class A		10,380,551		5,246
^*	Zhuguang Holdings Group Co. Ltd.		36,302,977		5,234
	Jinchuan Group International Resources Co. Ltd.		74,104,840		5,221
^{*,^}	Leyou Technologies Holdings Ltd.		17,489,351		5,214
	Beijing Capital Land Ltd. Class H		23,230,465		5,207
	Guosen Securities Co. Ltd. Class A		3,474,852		5,193
	BOE Technology Group Co. Ltd. Class B		14,884,075		5,186
	Meinian Onehealth Healthcare Holdings Co. Ltd. Class A		3,222,687		5,185
	Sichuan Chuantou Energy Co. Ltd. Class A		4,060,076		5,150
^*,§	SMI Holdings Group Ltd.		17,016,452		5,136
	WUS Printed Circuit Kunshan Co. Ltd. Class A		1,372,400		5,129
	Fantasia Holdings Group Co. Ltd.		26,317,475		5,076
	Beijing New Building Materials plc Class A		1,416,035		5,071
	Shenzhen Goodix Technology Co. Ltd. Class A		152,847		5,052
	Inner Mongolia BaoTou Steel Union Co. Ltd. Class A		33,099,085		5,047
	DHC Software Co. Ltd. Class A		2,651,400		5,044
^*	AVIC Shenyang Aircraft Co. Ltd. Class A		1,069,152		5,035
	Xinhua Winshare Publishing and Media Co. Ltd. Class H		7,311,291		5,032
	Wens Foodstuffs Group Co. Ltd.		1,179,046		5,013
	Hengli Petrochemical Co. Ltd. Class A		2,524,120		4,992
	WuXi AppTec Co. Ltd. Class A		353,058		4,991
^*	Sohu.com Ltd. ADR		584,225		4,902
	Youngor Group Co. Ltd. Class A		5,278,300		4,895
^*	Bank of Changsha Co. Ltd. Class A		4,424,100		4,894
^{^}	Oshidori International Holdings Ltd.		62,521,524		4,892
	Beijing Jingneng Clean Energy Co. Ltd. Class H		28,171,244		4,838
	Jiangsu King's Luck Brewery JSC Ltd. Class A		1,054,069		4,828
	Jinke Properties Group Co. Ltd. Class A		4,327,439		4,825
^*	Zhongji Innolight Co. Ltd. Class A		531,679		4,814
^*	Shanghai RAAS Blood Products Co. Ltd. Class A		4,058,579		4,806
	LVGEM China Real Estate Investment Co. Ltd.		16,560,000		4,785
	Wuhan Guide Infrared Co. Ltd. Class A		825,050		4,760
^*	OFILM Group Co. Ltd. Class A		2,246,114		4,757
	Fuyao Glass Industry Group Co. Ltd. Class A		1,699,400		4,737
	Winning Health Technology Group Co. Ltd. Class A		1,321,400		4,719
	Shanghai International Port Group Co. Ltd. Class A		8,022,000		4,710
	GD Power Development Co. Ltd. Class A		16,720,300		4,701
	Bank of Chongqing Co. Ltd. Class H		8,773,986		4,700
	China Dongxiang Group Co. Ltd.		56,288,984		4,692
	Beijing Shunxin Agriculture Co. Ltd. Class A		611,272		4,666
	Guangdong Provincial Expressway Development Co. Ltd. Class B		7,145,456		4,654
	Beijing Tongrentang Co. Ltd. Class A		1,275,698		4,621
	CIMC Enric Holdings Ltd.		9,901,670		4,606
	China Resources Medical Holdings Co. Ltd.		9,041,609		4,593
^{^}	CMBC Capital Holdings Ltd.		294,546,810		4,584
	Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd. Class A		689,243		4,567
	Consun Pharmaceutical Group Ltd.		8,902,741		4,552
	Beijing Dabeinong Technology Group Co. Ltd. Class A		3,561,100		4,542
	China National Software & Service Co. Ltd. Class A		393,600		4,533
	Guangshen Railway Co. Ltd. Class H		21,330,909		4,513
	Perfect World Co. Ltd. Class A		677,300		4,495
	AVIC Jonhon Optronic Technology Co. Ltd. Class A		890,280		4,481
	SDIC Capital Co. Ltd. Class A		2,679,961		4,476
^*	Topchoice Medical Corp. Class A		259,979		4,472
	XCMG Construction Machinery Co. Ltd. Class A		5,747,800		4,470

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Power Construction Corp. of China Ltd. Class A		8,849,109		4,447
	China Spacesat Co. Ltd. Class A		962,800		4,442
	Fiberhome Telecommunication Technologies Co. Ltd. Class A		993,380		4,437
^*	Shenzhen Sunway Communication Co. Ltd. Class A		767,700		4,400
	Greenland Hong Kong Holdings Ltd.		11,696,037		4,358
	Beijing Tiantan Biological Products Corp. Ltd. Class A		902,400		4,316
	Yunnan Energy New Material Co. Ltd.		569,280		4,316
	Unisplendour Corp. Ltd. Class A		733,323		4,294
	Industrial Securities Co. Ltd. Class A		5,070,700		4,281
^*	Avary Holding Shenzhen Co. Ltd. Class A		734,740		4,271
	CSG Holding Co. Ltd. Class B		15,218,293		4,268
	Shanghai Mechanical and Electrical Industry Co. Ltd. Class B		3,885,019		4,247
	Tongda Group Holdings Ltd.		65,756,615		4,227
^{*,^}	Qutoutiao Inc. ADR		1,705,773		4,196
	Zhejiang Longsheng Group Co. Ltd. Class A		2,474,200		4,193
	Jointown Pharmaceutical Group Co. Ltd. Class A		1,655,886		4,175
	Huadong Medicine Co. Ltd. Class A		1,492,293		4,174
	Zhejiang Huayou Cobalt Co. Ltd. Class A		872,250		4,173
	Greenland Holdings Corp. Ltd. Class A		5,234,900		4,158
^*	Guangzhou Kingmed Diagnostics Group Co. Ltd. Class A		424,900		4,135
	Tongwei Co. Ltd. Class A		1,957,684		4,124
	China BlueChemical Ltd. Class H		27,507,479		4,106
^*	Dawning Information Industry Co. Ltd. Class A		604,800		4,093
	China Northern Rare Earth Group High-Tech Co. Ltd. Class A		3,201,500		4,091
^*	Tianfeng Securities Co. Ltd. Class A		5,355,126		4,087
	Shanghai Yuyuan Tourist Mart Group Co. Ltd. Class A		3,763,268		4,047
^*	Wanda Film Holding Co. Ltd. Class A		1,729,954		4,037
	Tsingtao Brewery Co. Ltd. Class A		542,458		4,027
	Oriental Pearl Group Co. Ltd. Class A		3,174,325		4,023
	Zhejiang Supor Co. Ltd. Class A		433,075		4,018
	Inner Mongolia Eerduosi Resources Co. Ltd. Class B		5,079,602		4,016
	Venustech Group Inc. Class A		698,100		4,011
^{^}	E-House China Enterprise Holdings Ltd.		4,493,735		4,006
	Beijing Shiji Information Technology Co. Ltd. Class A		931,400		3,999
	Unigroup Guoxin Microelectronics Co. Ltd. Class A		463,874		3,984
	Shanghai Zhenhua Heavy Industries Co. Ltd. Class B		15,542,456		3,982
	Chaozhou Three-Circle Group Co. Ltd. Class A		1,367,500		3,980
^*	Asymchem Laboratories Tianjin Co. Ltd. Class A		151,040		3,978
	PAX Global Technology Ltd.		9,308,538		3,968
	Shenzhen Energy Group Co. Ltd. Class A		5,107,548		3,953
^*	Zhejiang Huahai Pharmaceutical Co. Ltd. Class A		1,082,400		3,948
	Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. Class A		908,016		3,938
	Huaneng Power International Inc. Class A		6,597,876		3,930
	Tianshui Huatian Technology Co. Ltd. Class A		2,160,345		3,924
	Beijing Enlight Media Co. Ltd. Class A		2,615,080		3,905
	Huaxin Cement Co. Ltd. Class A		1,050,981		3,902
	Shanghai Pharmaceuticals Holding Co. Ltd. Class A		1,494,567		3,902
	Dazhong Transportation Group Co. Ltd. Class B		10,997,624		3,893
	Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class B		4,243,741		3,882
	Changjiang Securities Co. Ltd. Class A		4,360,432		3,880
	HLA Corp. Ltd. Class A		4,294,198		3,870
^*	SG Micro Corp. Class A		86,961		3,862
	TCL Electronics Holdings Ltd.		9,450,515		3,858
	Avic Capital Co. Ltd. Class A		6,983,695		3,847
	Jiangsu Yuyue Medical Equipment & Supply Co. Ltd. Class A		782,430		3,837
	Shenergy Co. Ltd. Class A		5,127,600		3,836
	Jiangsu Zhongtian Technology Co. Ltd. Class A		2,432,000		3,826
	Zhejiang Chint Electrics Co. Ltd. Class A		1,090,902		3,818
	Lomon Billions Group Co. Ltd. Class A		1,634,800		3,814
	China Greatwall Technology Group Co. Ltd. Class A		2,292,500		3,800
^*	NanJi E-Commerce Co. Ltd. Class A		1,972,893		3,791
	Hangzhou Robam Appliances Co. Ltd. Class A		846,962		3,779
	China South City Holdings Ltd.		39,183,994		3,762
	China National Chemical Engineering Co. Ltd. Class A		4,341,180		3,756

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Huadian Power International Corp. Ltd. Class A		7,153,100		3,708
^*	Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd. Class A		508,594		3,693
	Yunda Holding Co. Ltd. Class A		881,694		3,672
	China Merchants Property Operation & Service Co. Ltd.		994,000		3,658
	Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd. Class A		451,160		3,651
^*	Wise Talent Information Technology Co. Ltd.		1,697,798		3,643
	Guangzhou Baiyun International Airport Co. Ltd. Class A		1,636,043		3,640
	Hubei Energy Group Co. Ltd. Class A		6,927,767		3,635
^*,1	Shanghai Haohai Biological Technology Co. Ltd. Class H		744,696		3,626
	Bank of Jiangsu Co. Ltd. Class A		4,251,273		3,624
	Shanghai Jin Jiang Capital Co. Ltd. Class H		20,384,915		3,624
	China Machinery Engineering Corp. Class H		13,202,836		3,622
^*	Ovctek China Inc. Class A		391,326		3,608
^*	Jiangsu Jiangyin Rural Commercial Bank Co. Ltd. Class A		6,166,515		3,603
	China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. Class A		879,241		3,584
	Shanghai Jinjiang International Hotels Co. Ltd. Class B		2,463,905		3,583
^*	Chongqing Brewery Co. Ltd. Class A		463,489		3,556
	Hesteel Co. Ltd. Class A		12,291,543		3,556
	RiseSun Real Estate Development Co. Ltd. Class A		3,124,156		3,546
	China Foods Ltd.		10,732,535		3,537
	China Coal Energy Co. Ltd. Class A		6,558,754		3,536
	Zhengzhou Yutong Bus Co. Ltd. Class A		1,919,567		3,532
	Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class A		2,132,483		3,520
^{*,§,^}	Luckin Coffee Inc. ADR		799,382		3,509
	China Grand Automotive Services Group Co. Ltd. Class A		7,206,694		3,502
	Hefei Meiya Optoelectronic Technology Inc. Class A		592,013		3,498
	Shanghai Electric Power Co. Ltd. Class A		3,350,703		3,487
^{*,^}	Sogou Inc. ADR		979,390		3,487
	China Lilang Ltd.		5,679,561		3,480
	China Jushi Co. Ltd. Class A		2,822,030		3,478
	China Gezhouba Group Co. Ltd. Class A		3,801,117		3,478
	Financial Street Holdings Co. Ltd. Class A		3,539,805		3,459
	Shanxi Taigang Stainless Steel Co. Ltd. Class A		7,482,104		3,454
	Weifu High-Technology Group Co. Ltd. Class B		2,025,142		3,451
	Concord New Energy Group Ltd.		84,752,078		3,444
	COSCO SHIPPING Energy Transportation Co. Ltd. Class A		2,880,500		3,435
	Livzon Pharmaceutical Group Inc. Class A		615,043		3,431
	Shandong Nanshan Aluminum Co. Ltd. Class A		11,612,500		3,424
	NavInfo Co. Ltd. Class A		1,670,619		3,421
	AVIC Electromechanical Systems Co. Ltd. Class A		2,941,200		3,420
^*	Jiangsu Shagang Co. Ltd. Class A		1,793,400		3,415
^*	Nanyang Topsec Technologies Group Inc. Class A		962,400		3,404
^*	Yantai Eddie Precision Machinery Co. Ltd. Class A		582,800		3,379
	Guangdong Electric Power Development Co. Ltd. Class B		12,364,299		3,374
	China Shineway Pharmaceutical Group Ltd.		4,547,696		3,371
	Bank of Guiyang Co. Ltd. Class A		3,019,440		3,360
	Yintai Gold Co. Ltd. Class A		1,463,500		3,359
	Joyoung Co. Ltd. Class A		758,977		3,358
	Jiangsu Zhongnan Construction Group Co. Ltd. Class A		2,953,330		3,349
^*	China Enterprise Co. Ltd. Class A		5,597,632		3,347
	Aisino Corp. Class A		1,390,900		3,347
	Wisdom Education International Holdings Co. Ltd.		7,981,256		3,335
	GRG Banking Equipment Co. Ltd. Class A		1,825,743		3,326
	Hengtong Optic-electric Co. Ltd. Class A		1,417,460		3,325
	Centre Testing International Group Co. Ltd. Class A		1,387,100		3,317
	Heilongjiang Agriculture Co. Ltd. Class A		1,376,500		3,307
	Changzhou Xingyu Automotive Lighting Systems Co. Ltd. Class A		237,060		3,300
	BBMG Corp. Class A		7,267,591		3,297
^{*,^,1}	Yixin Group Ltd.		19,348,612		3,293
	Shanghai Jinqiao Export Processing Zone Development Co. Ltd. Class A		1,633,587		3,292
	Shenzhen Kaifa Technology Co. Ltd. Class A		1,159,650		3,285
^{^}	Anhui Expressway Co. Ltd. Class H		6,364,227		3,280
	China High Speed Transmission Equipment Group Co. Ltd.		5,169,545		3,276
	Angel Yeast Co. Ltd. Class A		626,500		3,271

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Texhong Textile Group Ltd.		4,538,630		3,265
	Bank of Hangzhou Co. Ltd. Class A		2,802,505		3,264
	Xinjiang Goldwind Science & Technology Co. Ltd. Class A		2,319,758		3,260
	Dongfang Electric Corp. Ltd. Class A		2,699,700		3,259
	STO Express Co. Ltd. Class A		1,404,547		3,259
¹	China Everbright Greentech Ltd.		7,865,584		3,251
^*	Sangfor Technologies Inc. Class A		120,488		3,249
	Beijing Yanjing Brewery Co. Ltd. Class A		3,864,410		3,246
	Dongxing Securities Co. Ltd. Class A		2,159,122		3,238
	Yango Group Co. Ltd. Class A		3,305,693		3,233
	Xiamen C & D Inc. Class A		2,730,000		3,214
	Shanghai Jahwa United Co. Ltd. Class A		704,055		3,209
	Beijing Originwater Technology Co. Ltd. Class A		2,401,800		3,208
	Wuxi Lead Intelligent Equipment Co. Ltd. Class A		605,561		3,206
	Sinolink Securities Co. Ltd. Class A		2,352,046		3,190
	China Communications Construction Co. Ltd. Class A		2,812,018		3,170
	Zhejiang Jingsheng Mechanical & Electrical Co. Ltd. Class A		971,870		3,165
^*	Aluminum Corp. of China Ltd. Class A		7,850,900		3,154
	Zoomlion Heavy Industry Science and Technology Co. Ltd. Class A		3,478,500		3,133
	Central China Real Estate Ltd.		6,146,000		3,133
	Zhongjin Gold Corp. Ltd. Class A		2,642,300		3,126
^*,§,1	Tianhe Chemicals Group Ltd.		20,635,827		3,114
^*	Sinopec Oilfield Service Corp. Class H		42,980,225		3,114
	China National Medicines Corp. Ltd. Class A		705,588		3,097
^*	China Great Wall Securities Co. Ltd. Class A		1,860,100		3,094
	China Galaxy Securities Co. Ltd. Class A		2,228,700		3,091
	Xinhu Zhongbao Co. Ltd. Class A		7,032,548		3,089
	JNBY Design Ltd.		3,203,930		3,087
	Hubei Biocause Pharmaceutical Co. Ltd. Class A		3,973,691		3,084
	Guangzhou Haige Communications Group Inc. Co. Class A		1,813,424		3,078
	TongFu Microelectronics Co. Ltd. Class A		961,820		3,074
	Guoyuan Securities Co. Ltd. Class A		2,681,300		3,061
	China Film Co. Ltd. Class A		1,640,100		3,058
^*	Shennan Circuits Co. Ltd. Class A		94,896		3,056
	China Railway Hi-tech Industry Co. Ltd. Class A		2,227,318		3,054
	Tongling Nonferrous Metals Group Co. Ltd. Class A		11,150,706		3,050
^*	Huaibei Mining Holdings Co. Ltd. Class A		2,556,798		3,049
	Chongqing Changan Automobile Co. Ltd. Class A		2,229,021		3,045
	Xingda International Holdings Ltd.		12,769,290		3,040
^*	Hi Sun Technology China Ltd.		26,859,195		3,037
^{*,^,1}	Ascletis Pharma Inc.		8,433,000		3,025
	SPIC Dongfang New Energy Corp. Class A		5,023,692		3,021
	FinVolution Group		1,568,281		3,011
^*	Zhejiang Dingli Machinery Co. Ltd. Class A		271,418		3,005
	Han's Laser Technology Industry Group Co. Ltd. Class A		709,200		3,003
	Wuchan Zhongda Group Co. Ltd. Class A		4,557,785		3,003
	Tianma Microelectronics Co. Ltd. Class A		1,511,671		3,001
	Spring Airlines Co. Ltd. Class A		570,892		2,995
	Sichuan Kelun Pharmaceutical Co. Ltd. Class A		1,097,131		2,988
^*	Liaoning Cheng Da Co. Ltd. Class A		1,209,200		2,988
	Shanghai Chlor-Alkali Chemical Co. Ltd. Class B		6,480,477		2,986
	Sichuan Expressway Co. Ltd. Class H		11,587,954		2,979
^*	Harbin Electric Co. Ltd. Class H		10,758,569		2,978
	Wonders Information Co. Ltd. Class A		978,872		2,978
^*	Beijing Aosaikang Pharmaceutical Co. Ltd. Class A		1,127,570		2,976
	Luthai Textile Co. Ltd. Class B		4,550,005		2,973
^{*,^}	CAR Inc.		10,188,797		2,965
	China Avionics Systems Co. Ltd. Class A		1,514,213		2,965
	Shanghai Bairun Investment Holding Group Co. Ltd. Class A		537,284		2,961
^*	Shandong Sinocera Functional Material Co. Ltd. Class A		916,005		2,957
	Jinyu Bio-Technology Co. Ltd. Class A		885,700		2,955
	Tangshan Jidong Cement Co. Ltd. Class A		1,043,900		2,949
	China CSSC Holdings Ltd. Class A		1,120,081		2,947
	Western Securities Co. Ltd. Class A		2,643,244		2,944

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Leo Group Co. Ltd. Class A		5,567,600		2,941
	Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class B		3,329,533		2,934
	Zhejiang Hailiang Co. Ltd. Class A		2,244,300		2,929
^{*,^}	Shanghai Fudan Microelectronics Group Co. Ltd. Class H		4,248,000		2,929
^{^}	Colour Life Services Group Co. Ltd.		6,165,970		2,920
	SooChow Securities Co. Ltd. Class A		2,699,950		2,917
	China Southern Airlines Co. Ltd. Class A		3,846,200		2,912
^*	Jiajiayue Group Co. Ltd. Class A		593,200		2,911
	360 Security Technology Inc. Class A		1,115,491		2,906
	Guoxuan High-Tech Co. Ltd.		915,600		2,901
	TBEA Co. Ltd. Class A		2,731,007		2,897
^*	Shenzhen Salubris Pharmaceuticals Co. Ltd. Class A		1,101,427		2,895
	Lens Technology Co. Ltd. Class A		1,148,800		2,893
	Fujian Sunner Development Co. Ltd. Class A		947,400		2,891
	Shandong Hualu Hengsheng Chemical Co. Ltd. Class A		1,237,274		2,891
^*	China Eastern Airlines Corp. Ltd. Class A		4,687,500		2,879
^*	Guangzhou Wondfo Biotech Co. Ltd. Class A		255,020		2,868
	Southwest Securities Co. Ltd. Class A		4,529,709		2,865
^*	Ningbo Joyson Electronic Corp. Class A		1,014,500		2,857
	China South Publishing & Media Group Co. Ltd. Class A		1,850,561		2,853
^*	Autobio Diagnostics Co. Ltd. Class A		150,156		2,839
	Wuhu Token Science Co. Ltd. Class A		2,102,321		2,836
^*	China Satellite Communications Co. Ltd. Class A		1,179,400		2,827
	China Molybdenum Co. Ltd. Class A		5,790,300		2,825
	Datang International Power Generation Co. Ltd. Class A		9,356,611		2,825
	AVICOPTER plc Class A		451,797		2,820
	Huangshan Tourism Development Co. Ltd. Class B		3,899,429		2,814
^*	Hongta Securities Co. Ltd. Class A		1,041,100		2,813
^{*,^}	HengTen Networks Group Ltd.		299,535,398		2,812
^*	Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. Class A		752,785		2,809
	Tianqi Lithium Corp. Class A		1,215,600		2,797
	Shanghai M&G Stationery Inc. Class A		386,700		2,796
	China ZhengTong Auto Services Holdings Ltd.		17,947,544		2,783
	Tonghua Dongbao Pharmaceutical Co. Ltd. Class A		1,562,581		2,777
	Beijing E-Hualu Information Technology Co. Ltd. Class A		414,521		2,768
	Guangdong HEC Technology Holding Co. Ltd. Class A		2,921,067		2,767
^*	Weihai Guangwei Composites Co. Ltd.		361,240		2,767
^*	Addsino Co. Ltd. Class A		1,280,800		2,761
	G-bits Network Technology Xiamen Co. Ltd. Class A		51,749		2,759
	Dongfang Electric Corp. Ltd. Class H		5,133,660		2,746
^*	Proya Cosmetics Co. Ltd. Class A		151,932		2,745
	Hongfa Technology Co. Ltd. Class A		598,382		2,737
^*	Hunan Valin Steel Co. Ltd. Class A		4,869,440		2,730
	China National Accord Medicines Corp. Ltd. Class B		996,449		2,709
	Rongsheng Petro Chemical Co. Ltd. Class A		1,607,303		2,701
	Grandjoy Holdings Group Co. Ltd. Class A		3,548,646		2,695
	Chacha Food Co. Ltd. Class A		398,478		2,694
	Shanghai Construction Group Co. Ltd. Class A		5,774,500		2,674
	Joincare Pharmaceutical Group Industry Co. Ltd. Class A		1,526,396		2,673
^*	Beijing Kunlun Tech Co. Ltd. Class A		925,000		2,661
	Jiangsu Yangnong Chemical Co. Ltd. Class A		250,900		2,656
	Ningbo Zhoushan Port Co. Ltd. Class A		5,625,600		2,637
	Hainan Poly Pharm Co. Ltd.		265,371		2,636
	Tasly Pharmaceutical Group Co. Ltd. Class A		1,341,551		2,636
^*	Skshu Paint Co. Ltd. Class A		174,300		2,632
	Dong-E-E-Jiao Co. Ltd. Class A		606,000		2,629
	Chongqing Fuling Zhacai Group Co. Ltd. Class A		561,300		2,619
	Wasion Holdings Ltd.		7,640,748		2,617
	China Merchants Land Ltd.		15,665,717		2,601
	Bright Dairy & Food Co. Ltd. Class A		1,496,448		2,595
	Zhejiang Weixing New Building Materials Co. Ltd. Class A		1,511,140		2,592
	Shanghai Tunnel Engineering Co. Ltd. Class A		3,211,420		2,584
	Sunwoda Electronic Co. Ltd. Class A		1,284,404		2,576
	Offshore Oil Engineering Co. Ltd. Class A		3,694,200		2,576

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Beijing Capital Development Co. Ltd. Class A		2,749,713		2,568
	Great Wall Motor Co. Ltd. Class A		2,258,564		2,558
^*	Luenmei Quantum Co. Ltd. Class A		1,181,070		2,544
	Shanxi Lu'an Environmental Energy Development Co. Ltd. Class A		3,176,216		2,541
	Shandong Himile Mechanical Science & Technology Co. Ltd. Class A		993,441		2,538
	Sichuan Swellfun Co. Ltd. Class A		391,733		2,537
	Shanghai Putailai New Energy Technology Co. Ltd. Class A		235,858		2,535
	COSCO SHIPPING Development Co. Ltd. Class A		9,325,772		2,534
^*,1	Shandong Gold Mining Co. Ltd. Class H		849,500		2,527
	Yantai Jereh Oilfield Services Group Co. Ltd. Class A		719,273		2,516
	Chaowei Power Holdings Ltd.		8,770,642		2,513
	Weifu High-Technology Group Co. Ltd. Class A		880,741		2,508
	Beijing Thunisoft Corp. Ltd. Class A		669,664		2,500
	INESA Intelligent Tech Inc. Class B		4,645,954		2,499
	Fujian Star-net Communication Co. Ltd. Class A		473,200		2,494
	Central China Securities Co. Ltd. Class H		15,837,320		2,490
	Jinduicheng Molybdenum Co. Ltd. Class A		2,984,000		2,481
	Shenzhen Tagen Group Co. Ltd. Class A		2,766,145		2,481
	Thunder Software Technology Co. Ltd. Class A		287,100		2,478
	Jason Furniture Hangzhou Co. Ltd. Class A		441,980		2,474
	Shanghai Shibei Hi-Tech Co. Ltd. Class B		7,096,715		2,468
	Luolai Lifestyle Technology Co. Ltd. Class A		1,934,246		2,466
	Suzhou Gold Mantis Construction Decoration Co. Ltd. Class A		2,175,450		2,460
^{^,1}	Ganfeng Lithium Co. Ltd. Class H		755,600		2,455
	Apeloa Pharmaceutical Co. Ltd. Class A		982,800		2,455
	Bank of Chengdu Co. Ltd. Class A		2,245,927		2,452
	Zhejiang Huafeng Spandex Co. Ltd. Class A		3,335,063		2,452
^*	Shenzhen MTC Co. Ltd. Class A		3,878,500		2,445
	Jiangxi Copper Co. Ltd. Class A		1,363,601		2,445
	Shandong Hi-speed Co. Ltd. Class A		2,951,800		2,439
^*	Sealand Securities Co. Ltd. Class A		4,019,600		2,439
	Guangzhou Automobile Group Co. Ltd. Class A		1,764,940		2,434
^*	Infore Environment Technology Group Co. Ltd. Class A		2,785,188		2,428
	Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd. Class A		4,933,400		2,422
	Shanghai Highly Group Co. Ltd. Class B		4,216,508		2,422
	Wuxi Taiji Industry Co. Ltd. Class A		1,609,400		2,421
	China TransInfo Technology Co. Ltd. Class A		740,300		2,414
^*	Ningxia Baofeng Energy Group Co. Ltd. Class A		2,025,800		2,409
	Huolinhe Opencut Coal Industry Corp. Ltd. of Inner Mongolia Class A		2,176,604		2,408
	Sichuan Expressway Co. Ltd. Class A		4,583,792		2,408
	Sinopec Shanghai Petrochemical Co. Ltd. Class A		4,265,800		2,406
^*	BAIC BluePark New Energy Technology Co. Ltd. Class Class A		3,141,869		2,400
	Shanghai Shimao Co. Ltd. Class A		4,087,072		2,393
	Suning Universal Co. Ltd. Class A		5,110,392		2,392
	Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co. Ltd. Class H		3,701,919		2,392
^*	Guangdong South New Media Co. Ltd. Class A		109,453		2,390
	Sinoma Science & Technology Co. Ltd. Class A		1,354,472		2,388
	Yifan Pharmaceutical Co. Ltd. Class A		912,800		2,387
^*	Chongqing Iron & Steel Co. Ltd. Class A		11,053,874		2,386
	FAW CAR Co. Ltd. Class A		1,699,585		2,380
	Tianjin Chase Sun Pharmaceutical Co. Ltd. Class A		2,955,177		2,378
^*	Pangang Group Vanadium Titanium & Resources Co. Ltd. Class A		8,442,605		2,378
	Shanghai Jinjiang International Hotels Co. Ltd. Class A		577,200		2,374
	Shanghai Industrial Urban Development Group Ltd.		24,061,655		2,372
	Shenzhen Gas Corp. Ltd. Class A		2,252,100		2,371
	Zhongtian Financial Group Co. Ltd. Class A		5,424,900		2,369
	Shijiazhuang Yiling Pharmaceutical Co. Ltd. Class A		572,562		2,357
	Laobaixing Pharmacy Chain JSC Class A		220,524		2,356
^*	Guangdong Hongda Blasting Co. Ltd. Class A		560,700		2,350
	Shandong Chenming Paper Holdings Ltd. Class H		6,127,312		2,347
	Yuan Longping High-tech Agriculture Co. Ltd. Class A		1,022,200		2,343
^*	Huizhou Desay Sv Automotive Co. Ltd. Class A		409,619		2,343
	China World Trade Center Co. Ltd. Class A		1,141,500		2,336
	Sinofert Holdings Ltd.		25,211,479		2,328

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Fangda Carbon New Material Co. Ltd. Class A		1,981,675		2,326
^*	C&S Paper Co. Ltd. Class A		956,150		2,321
	Shandong Sun Paper Industry JSC Ltd. Class A		1,966,600		2,305
	Sinotrans Ltd. Class A		5,012,021		2,297
	Shanghai Zhangjiang High-Tech Park Development Co. Ltd. Class A		1,229,800		2,296
	Huaan Securities Co. Ltd. Class A		2,270,900		2,294
^*	China Fangda Group Co. Ltd. Class B		5,911,907		2,292
	Sanquan Food Co. Ltd. Class A		757,923		2,289
^*	Yusys Technologies Co. Ltd. Class A		401,500		2,288
	Jiangsu Eastern Shenghong Co. Ltd. Class A		3,235,424		2,284
	Maccura Biotechnology Co. Ltd. Class A		436,115		2,283
	Inner Mongolia First Machinery Group Co. Ltd. Class A		1,689,246		2,277
	Guanghui Energy Co. Ltd. Class A		6,390,700		2,272
^*	Longshine Technology Group Co. Ltd. Class A		560,504		2,263
	Shanxi Xishan Coal & Electricity Power Co. Ltd. Class A		3,389,820		2,259
^*,§	China Huiyuan Juice Group Ltd.		8,667,863		2,259
	Xiamen Tungsten Co. Ltd. Class A		1,415,491		2,255
	Long Yuan Construction Group Co. Ltd. Class A		1,690,600		2,253
	Huagong Tech Co. Ltd. Class A		770,000		2,243
	Guizhou Panjiang Refined Coal Co. Ltd. Class A		3,100,400		2,237
	Jizhong Energy Resources Co. Ltd. Class A		5,250,276		2,235
^{*,^}	Fullshare Holdings Ltd.		148,094,819		2,235
	Zhejiang Yasha Decoration Co. Ltd. Class A		1,831,600		2,231
^*	China Modern Dairy Holdings Ltd.		20,876,908		2,231
	Air China Ltd. Class A		2,194,300		2,227
	Shanghai Haixin Group Co. Class B		6,923,355		2,225
	Shandong Linglong Tyre Co. Ltd. Class A		730,016		2,224
	Shanxi Securities Co. Ltd. Class A		2,233,745		2,213
^*	Datong Coal Industry Co. Ltd. Class A		4,259,017		2,206
	Eastern Communications Co. Ltd. Class B		4,614,859		2,206
^*	Pacific Securities Co. Ltd. China Class A		4,830,426		2,197
	Guangshen Railway Co. Ltd. Class A		6,568,600		2,197
^*	Yixintang Pharmaceutical Group Co. Ltd. Class A		609,779		2,196
	Tianjin ZhongXin Pharmaceutical Group Corp. Ltd. Class A		1,123,368		2,193
	Qingling Motors Co. Ltd. Class H		10,397,822		2,191
	Xinxing Ductile Iron Pipes Co. Ltd. Class A		4,494,200		2,191
^*	Tongkun Group Co. Ltd. Class A		1,323,860		2,180
	Cinda Real Estate Co. Ltd. Class A		3,933,001		2,178
	Yang Quan Coal Industry Group Co. Ltd. Class A		3,473,800		2,172
	Liaoning Wellhope Agri-Tech JSC Ltd. Class A		1,030,983		2,170
^*	COSCO Shipping International Singapore Co. Ltd.		13,368,594		2,167
	Dazhong Transportation Group Co. Ltd. Class A		4,272,870		2,165
^*	Dashang Co. Ltd. Class A		689,543		2,163
^*	Hanergy Thin Film Power Group Ltd.		84,704,000		2,162
^*	Guangzhou Shangpin Home Collection Co. Ltd. Class A		227,304		2,160
	Qingdao TGOOD Electric Co. Ltd. Class A		796,918		2,150
	Ningbo Tuopu Group Co. Ltd. Class A		641,874		2,150
	CECEP Wind-Power Corp. Class A		6,832,338		2,147
^*	Ingenic Semiconductor Co. Ltd. Class A		164,846		2,144
	Dalian Port PDA Co. Ltd. Class A		8,777,065		2,143
	Hangzhou Binjiang Real Estate Group Co. Ltd. Class A		3,475,333		2,139
^*,1	Haichang Ocean Park Holdings Ltd.		26,908,549		2,136
^*	CCOOP Group Co. Ltd. Class A		5,759,200		2,135
^*	Wangsu Science & Technology Co. Ltd. Class A		1,869,900		2,135
	Shanghai Bailian Group Co. Ltd. Class B		3,037,245		2,133
^*	Juewei Food Co. Ltd. Class A		284,864		2,121
^*	Shandong Publishing & Media Co. Ltd. Class A		2,390,095		2,119
^*	CSSC Offshore and Marine Engineering Group Co. Ltd. Class A		1,005,220		2,118
	Huafon Microfibre Shanghai Technology Co. Ltd. Class A		1,723,487		2,107
	Shandong Airlines Co. Ltd. Class B		2,532,751		2,099
¹	Everbright Securities Co. Ltd. Class H		3,400,456		2,099
	Ninestar Corp. Class A		500,414		2,098
	Dalian Huarui Heavy Industry Group Co. Ltd. Class A		3,784,079		2,093
	Beibuwan Port Co. Ltd. Class A		1,509,440		2,091

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Accelink Technologies Co. Ltd. Class A		500,700		2,084
^*	CSSC Offshore and Marine Engineering Group Co. Ltd. Class H		3,299,622		2,082
	Guangxi Guiguan Electric Power Co. Ltd. Class A		3,428,106		2,080
	Beijing North Star Co. Ltd. Class H		8,561,234		2,080
	Chengdu Fusen Noble-House Industrial Co. Ltd. Class A		1,308,260		2,075
^*	Jiangsu Yoke Technology Co. Ltd. Class A		357,400		2,073
	Wanxiang Qianchao Co. Ltd. Class A		2,971,310		2,071
	Tianjin Capital Environmental Protection Group Co. Ltd. Class A		2,111,275		2,070
	Lao Feng Xiang Co. Ltd. Class A		355,128		2,069
	Beijing Capital Co. Ltd. Class A		4,458,154		2,069
^*	Siasun Robot & Automation Co. Ltd. Class A		1,119,340		2,068
	Chinese Universe Publishing and Media Group Co. Ltd. Class A		1,217,480		2,062
^*	CNOOC Energy Technology & Services Ltd. Class A		6,304,400		2,061
^*	Guocheng Mining Co. Ltd.		843,164		2,056
	Yantai Changyu Pioneer Wine Co. Ltd. Class A		601,531		2,054
	Oppein Home Group Inc. Class A		137,200		2,044
^*	Shanghai Baosight Software Co. Ltd. Class A		287,293		2,041
	Westone Information Industry Inc. Class A		644,989		2,041
	Guangzhou Zhujiang Brewery Co. Ltd. Class A		1,981,496		2,040
^*	Beijing Shougang Co. Ltd. Class A		4,951,895		2,027
^*	Shenzhen SC New Energy Technology Corp. Class A		221,486		2,006
	Beijing North Star Co. Ltd. Class A		5,230,781		2,004
^*	YanTai Shuangta Food Co. Ltd. Class A		1,107,300		2,000
	Ajisen China Holdings Ltd.		8,968,703		1,996
	Hangzhou Silan Microelectronics Co. Ltd. Class A		1,003,400		1,996
	Northeast Securities Co. Ltd. Class A		1,750,700		1,995
^*	Pharmaron Beijing Co. Ltd. Class A		222,800		1,995
	Xiamen Xiangyu Co. Ltd. Class A		2,465,001		1,993
^*	Guangzhou Shiyuan Electronic Technology Co. Ltd. Class A		186,884		1,993
	Greattown Holdings Ltd. Class A		1,742,900		1,991
	Anhui Expressway Co. Ltd. Class A		2,628,400		1,991
^*	Qianhe Condiment and Food Co. Ltd. Class A		464,180		1,990
	Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd. Class A		5,583,376		1,988
	Dongjiang Environmental Co. Ltd. Class H		2,621,127		1,988
^*	China Aerospace Times Electronics Co. Ltd. Class A		2,167,300		1,988
	Hangzhou First Applied Material Co. Ltd. Class A		292,000		1,988
	Wuhan Raycus Fiber Laser Technologies Co. Ltd. Class A		153,294		1,981
	China National Accord Medicines Corp. Ltd. Class A		341,818		1,975
^*	Gree Real Estate Co. Ltd. Class A		2,797,869		1,967
^*	Shenzhen Sinovatio Technology Co. Ltd. Class A		76,969		1,963
^*	Shanghai Weaver Network Co. Ltd. Class A		171,195		1,963
	Jiangsu Expressway Co. Ltd. Class A		1,320,673		1,960
	GEM Co. Ltd. Class A		3,014,420		1,957
	Da An Gene Co. Ltd. of Sun Yat-Sen University Class A		610,063		1,945
	Zhejiang Wanliyang Co. Ltd. Class A		1,546,825		1,944
	Jiuzhitang Co. Ltd. Class A		1,503,301		1,938
	Zhejiang Huace Film & TV Co. Ltd. Class A		1,682,400		1,937
	Jilin Aodong Pharmaceutical Group Co. Ltd. Class A		899,200		1,935
	Zhejiang Juhua Co. Ltd. Class A		2,149,646		1,934
	China Resources Double Crane Pharmaceutical Co. Ltd. Class A		1,077,654		1,933
^*	Zhejiang Tianyu Pharmaceutical Co. Ltd. Class A		177,995		1,931
^*	Hebei Chengde Lolo Co. Class A		2,251,268		1,930
^{*,^}	Kasen International Holdings Ltd.		12,002,304		1,929
	Sansteel Minguang Co. Ltd. Fujian Class A		1,885,100		1,927
^*	Kuang-Chi Technologies Co. Ltd. Class A		1,738,000		1,925
	Zhejiang Weiming Environment Protection Co. Ltd. Class A		457,111		1,925
^*	Huabao Flavours & Fragrances Co. Ltd. Class A		472,144		1,925
	Shenzhen Everwin Precision Technology Co. Ltd. Class A		707,954		1,921
	Hubei Kaile Science & Technology Co. Ltd. Class A		908,820		1,921
	Newland Digital Technology Co. Ltd. Class A		830,897		1,917
	Huapont Life Sciences Co. Ltd. Class A		2,535,200		1,915
^*	Quectel Wireless Solutions Co. Ltd. Class A		64,518		1,912
^{*,^}	Beijing Gas Blue Sky Holdings Ltd.		92,934,335		1,905
^*	Shenzhen Sunlord Electronics Co. Ltd. Class A		621,400		1,903

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	CPMC Holdings Ltd.		5,331,365		1,899
	Chengzhi Co. Ltd. Class A		1,138,500		1,899
	Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd. Class A		938,609		1,899
^*	CNHTC Jinan Truck Co. Ltd. Class A		543,260		1,892
	Xiamen Meiya Pico Information Co. Ltd. Class A		627,620		1,891
	NSFOCUS Technologies Group Co. Ltd. Class A		634,684		1,891
	Wangfujing Group Co. Ltd. Class A		1,029,800		1,884
	Zhejiang Medicine Co. Ltd. Class A		751,600		1,882
	Bluefocus Intelligent Communications Group Co. Ltd. Class A		1,918,700		1,882
	Huaxi Securities Co. Ltd. Class A		1,321,139		1,878
^{*,^}	Qudian Inc. ADR		1,082,065		1,872
	Zhejiang Wanfeng Auto Wheel Co. Ltd. Class A		2,079,400		1,864
^*,§	Mingfa Group International Co. Ltd.		7,645,063		1,864
^*	Visionox Technology Inc. Class A		1,089,672		1,862
	Bluestar Adisseo Co. Class A		1,108,812		1,862
	Chengdu Xingrong Environment Co. Ltd. Class A		2,729,200		1,862
^*	DaShenLin Pharmaceutical Group Co. Ltd. Class A		201,715		1,860
	Oceanwide Holdings Co. Ltd. Class A		3,787,100		1,855
	Tecon Biology Co. Ltd. Class A		831,443		1,855
	Sailun Group Co. Ltd.		2,931,564		1,853
	China Baoan Group Co. Ltd. Class A		2,029,664		1,851
	An Hui Wenergy Co. Ltd. Class A		3,368,921		1,844
	Red Star Macalline Group Corp. Ltd. Class A		1,373,831		1,840
	Shandong Yisheng Livestock & Poultry Breeding Co. Ltd. Class A		783,513		1,839
	Hengdian Group DMEGC Magnetics Co. Ltd. Class A		1,280,900		1,833
	Anhui Xinhua Media Co. Ltd. Class A		2,690,572		1,832
^*	Nanjing Securities Co. Ltd. Class A		953,900		1,820
	Better Life Commercial Chain Share Co. Ltd. Class A		1,289,000		1,815
	Shenzhen Huaqiang Industry Co. Ltd. Class A		1,029,325		1,815
	B-Soft Co. Ltd. Class A		828,400		1,814
^*	Wuhan Jingce Electronic Group Co. Ltd. Class A		191,561		1,813
^*	China Tianying Inc. Class A		2,555,000		1,808
	Zhejiang Crystal-Optech Co. Ltd. Class A		881,483		1,808
^*	Yunnan Copper Co. Ltd. Class A		1,345,000		1,807
^*	Shenghe Resources Holding Co. Ltd. Class A		1,867,500		1,806
	Beijing BDStar Navigation Co. Ltd. Class A		421,600		1,800
	Harbin Boshi Automation Co. Ltd. Class A		1,221,422		1,800
	Grandblue Environment Co. Ltd. Class A		602,336		1,800
	China Meheco Co. Ltd. Class A		891,264		1,799
^*	Bestsun Energy Co. Ltd. Class A		2,337,720		1,797	��
	Zhejiang Hangmin Co. Ltd. Class A		2,327,533		1,796
^*	Shanying International Holding Co. Ltd. Class A		4,219,600		1,791
	Haisco Pharmaceutical Group Co. Ltd. Class A		642,263		1,791
	Anhui Anke Biotechnology Group Co. Ltd. Class A		871,370		1,787
^*	Bank of Zhengzhou Co. Ltd. Class A		3,286,772		1,785
^*	Zhejiang Orient Financial Holdings Group Co. Ltd. Class A		1,331,680		1,782
	Xiamen Kingdomway Group Co. Class A		633,631		1,781
	Shenzhen YUTO Packaging Technology Co. Ltd. Class A		521,020		1,780
^*	Ourpalm Co. Ltd. Class A		2,247,775		1,777
	Fangda Special Steel Technology Co. Ltd. Class A		2,421,339		1,775
^*	Guosheng Financial Holding Inc. Class A		1,456,700		1,771
	Taiji Computer Corp. Ltd. Class A		323,795		1,771
	China Union Holdings Ltd. Class A		3,163,230		1,765
	Sinochem International Corp. Class A		2,540,980		1,764
	Wuhan Fingu Electronic Technology Co. Ltd. Class A		479,500		1,759
	Shanghai Diesel Engine Co. Ltd. Class B		4,773,415		1,757
	Hainan Strait Shipping Co. Ltd. Class A		1,130,701		1,756
^*	Shanghai Kinetic Medical Co. Ltd. Class A		526,000		1,755
^*	IReader Technology Co. Ltd. Class A		370,500		1,752
	Shanxi Coking Co. Ltd. Class A		2,238,599		1,750
	Shanghai Huayi Group Co. Ltd. Class A		2,368,634		1,745
	Hangjin Technology Co. Ltd. Class A		534,400		1,744
^*	Shenzhen Yinghe Technology Co. Ltd. Class A		292,483		1,743
	CMST Development Co. Ltd. Class A		2,614,906		1,743

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Shijiazhuang Changshan BeiMing Technology Co. Ltd. Class A		1,380,886		1,738
	Xuji Electric Co. Ltd. Class A		879,300		1,737
	Shanghai Mechanical and Electrical Industry Co. Ltd. Class A		830,316		1,735
	Shaan Xi Provincial Natural Gas Co. Ltd. Class A		2,025,373		1,735
^{*,^}	Ruhnn Holding Ltd. ADR		506,772		1,733
^*	Shenzhen FRD Science & Technology Co. Ltd.		242,614		1,730
	Gansu Jingyuan Coal Industry and Electricity Power Co. Ltd. Class A		5,448,291		1,730
	Haohua Chemical Science & Technology Co. Ltd. Class A		702,400		1,724
	Qingdao Port International Co. Ltd. Class A		2,189,420		1,723
^*	Sonoscape Medical Corp. Class A		418,461		1,720
^*	Suofeiya Home Collection Co. Ltd. Class A		652,500		1,719
	YTO Express Group Co. Ltd. Class A		965,273		1,716
^*	Berry Genomics Co. Ltd. Class A		275,650		1,716
	Zhongshan Public Utilities Group Co. Ltd. Class A		1,555,630		1,713
	Shanghai Jinjiang International Industrial Investment Co. Ltd. Class B		2,441,767		1,713
	Guangdong Tapai Group Co. Ltd. Class A		914,509		1,704
	Zhejiang Kaishan Compressor Co. Ltd. Class A		1,137,849		1,704
	Hunan Aihua Group Co. Ltd. Class A		437,597		1,700
	Shanghai Sinyang Semiconductor Materials Co. Ltd. Class A		241,900		1,693
	Changzhou Qianhong Biopharma Co. Ltd. Class A		2,673,540		1,686
^*	Tianjin Guangyu Development Co. Ltd. Class A		1,802,790		1,684
	Dian Diagnostics Group Co. Ltd. Class A		477,100		1,682
	Beijing Orient National Communication Science & Technology Co. Ltd. Class A		806,300		1,681
^*	Sinopec Oilfield Service Corp. Class A		6,346,700		1,680
	China Merchants Expressway Network & Technology Holdings Co. Ltd. Class A		1,647,054		1,675
	Sungrow Power Supply Co. Ltd. Class A		1,098,208		1,673
^*	Anhui Jinhe Industrial Co. Ltd. Class A		586,473		1,669
	BTG Hotels Group Co. Ltd. Class A		721,888		1,653
	Central China Securities Co. Ltd. Class A		2,511,200		1,652
	Shanghai Huayi Group Co. Ltd. Class B		3,785,459		1,652
^{^}	Dawnrays Pharmaceutical Holdings Ltd.		11,020,425		1,651
^*	IKD Co. Ltd. Class A		1,020,468		1,650
^*	Beijing Lanxum Technology Co. Ltd. Class A		698,818		1,648
	Tunghsu Optoelectronic Technology Co. Ltd. Class A		4,216,400		1,648
	Guorui Properties Ltd.		9,987,715		1,647
	Shenzhen Agricultural Products Group Co. Ltd. Class A		1,510,000		1,640
^*	Xinfengming Group Co. Ltd. Class A		1,117,969		1,637
	Sinocare Inc.		672,249		1,635
	Shenzhen Airport Co. Ltd. Class A		1,410,300		1,634
	Sieyuan Electric Co. Ltd. Class A		594,200		1,632
	Holitech Technology Co. Ltd. Class A		2,150,300		1,632
^*	Tech-Bank Food Co. Ltd. Class A		925,800		1,631
	Boya Bio-pharmaceutical Group Co. Ltd. Class A		372,384		1,627
^*	Yunnan Aluminium Co. Ltd. Class A		2,874,300		1,624
^*	Myhome Real Estate Development Group Co. Ltd. Class A		4,082,005		1,624
^*	PCI-Suntek Technology Co. Ltd. Class A		1,240,900		1,623
	Jiangsu Hengshun Vinegar Industry Co. Ltd. Class A		604,270		1,622
	Changsha Jingjia Microelectronics Co. Ltd. Class A		210,787		1,621
	Guizhou Bailing Group Pharmaceutical Co. Ltd. Class A		1,401,236		1,620
	Ningbo Sanxing Medical Electric Co. Ltd. Class A		1,510,900		1,619
	CSG Holding Co. Ltd. Class A		2,583,732		1,615
	Shenzhen Capchem Technology Co. Ltd. Class A		276,900		1,611
^*	Victory Giant Technology Huizhou Co. Ltd. Class A		510,800		1,604
	MLS Co. Ltd. Class A		991,900		1,604
	ORG Technology Co. Ltd. Class A		2,801,300		1,599
^*	Shenzhen New Nanshan Holding Group Co. Ltd. Class A		4,248,101		1,598
	Huafa Industrial Co. Ltd. Zhuhai Class A		1,699,100		1,598
	Wolong Electric Group Co. Ltd. Class A		1,059,200		1,591
^*	Guangdong Marubi Biotechnology Co. Ltd. Class A		155,550		1,588
^*	Shenzhen Kingdom Sci-Tech Co. Ltd. Class A		670,482		1,587
^*,§	Anxin Trust Co. Ltd. Class A		4,461,178		1,582
	Betta Pharmaceuticals Co. Ltd. Class A		119,800		1,578
	Maanshan Iron & Steel Co. Ltd. Class A		4,268,961		1,578
	Universal Scientific Industrial Shanghai Co. Ltd. Class A		632,100		1,574

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	BGI Genomics Co. Ltd.		106,990		1,572
^*	Yantai Dongcheng Pharmaceutical Co. Ltd. Class A		710,100		1,569
	Shenzhen H&T Intelligent Control Co. Ltd. Class A		803,200		1,569
	Guangdong Baolihua New Energy Stock Co. Ltd. Class A		2,133,100		1,557
^*	Hangzhou Shunwang Technology Co. Ltd. Class A		572,600		1,556
	Shanghai Flyco Electrical Appliance Co. Ltd. Class A		315,535		1,550
	Chengdu Kanghong Pharmaceutical Group Co. Ltd. Class A		286,443		1,541
	Anhui Hengyuan Coal Industry and Electricity Power Co. Ltd. Class A		2,209,296		1,540
^*	Nanjing Iron & Steel Co. Ltd. Class A		3,423,046		1,538
	Norinco International Cooperation Ltd. Class A		1,422,425		1,534
	Chengdu Hongqi Chain Co. Ltd. Class A		1,104,333		1,532
	Hang Zhou Great Star Industrial Co. Ltd. Class A		1,113,000		1,531
^*	Beijing United Information Technology Co. Ltd.		103,100		1,523
^*	Tianjin 712 Communication & Broadcasting Co. Ltd. Class A		411,800		1,515
	Zhefu Holding Group Co. Ltd. Class A		2,872,850		1,514
^*	Shanghai Rongtai Health Technology Corp. Ltd. Class A		334,023		1,514
	Shenzhen Yan Tian Port Holding Co. Ltd. Class A		2,409,356		1,508
	Guangzhou Yuexiu Financial Holdings Group Co. Ltd. Class A		1,051,037		1,506
	Sichuan Languang Development Co. Ltd. Class A		1,844,600		1,503
	Square Technology Group Co. Ltd. Class A		791,385		1,503
^*	Pingdingshan Tianan Coal Mining Co. Ltd. Class A		2,538,200		1,501
^*	Shenzhen Suntak Circuit Technology Co. Ltd. Class A		608,800		1,501
^*	Ningxia Jiaze New Energy Co. Ltd. Class A		3,464,036		1,497
^*	5I5J Holding Group Co. Ltd. Class A		3,115,978		1,496
	Guangxi Wuzhou Zhongheng Group Co. Ltd. Class A		3,141,700		1,495
^*	Yunnan Tin Co. Ltd. Class A		1,259,973		1,494
^*	Leyard Optoelectronic Co. Ltd. Class A		1,903,200		1,484
	Hisense Home Appliances Group Co. Ltd. Class A		1,105,807		1,482
^*	Shandong Humon Smelting Co. Ltd. Class A		738,700		1,478
^*	Toly Bread Co. Ltd. Class A		213,925		1,474
^*	Shandong Xinchao Energy Corp. Ltd. Class A		5,802,600		1,472
^*	Ningbo Peacebird Fashion Co. Ltd. Class A		731,665		1,471
	Dongjiang Environmental Co. Ltd. Class A		1,052,415		1,463
	Valiant Co. Ltd. Class A		686,100		1,461
^*	Bethel Automotive Safety Systems Co. Ltd. Class A		374,800		1,459
^*	Guangzhou Restaurant Group Co. Ltd. Class A		355,000		1,453
	Shanxi Blue Flame Holding Co. Ltd. Class A		1,330,843		1,451
	Guangzhou Tinci Materials Technology Co. Ltd. Class A		378,640		1,445
^*	Shenzhen Megmeet Electrical Co. Ltd. Class A		491,125		1,442
	Haining China Leather Market Co. Ltd. Class A		2,606,149		1,439
^*	CQ Pharmaceutical Holding Co. Ltd. Class A		2,000,201		1,435
	KingClean Electric Co. Ltd. Class A		471,761		1,433
	Jinneng Science&Technology Co. Ltd. Class A		1,052,980		1,431
^*	Lingyuan Iron & Steel Co. Ltd. Class A		4,642,976		1,426
^*	Jack Sewing Machine Co. Ltd. Class A		566,561		1,426
	China Oilfield Services Ltd. Class A		815,900		1,426
	Zhejiang Conba Pharmaceutical Co. Ltd. Class A		1,971,900		1,425
^*	Loncin Motor Co. Ltd. Class A		2,843,449		1,423
	Shanghai Shyndec Pharmaceutical Co. Ltd. Class A		1,100,773		1,423
^*	Shanxi Zhangze Electric Power Co. Ltd. Class A		4,416,301		1,421
^*	Montnets Rongxin Technology Group Co. Ltd. Class A		655,100		1,421
	361 Degrees International Ltd.		9,304,466		1,412
	TangShan Port Group Co. Ltd. Class A		4,380,700		1,408
	Konka Group Co. Ltd. Class A		1,327,600		1,408
	Tianjin Capital Environmental Protection Group Co. Ltd. Class H		4,412,869		1,408
^*	Zhejiang Satellite Petrochemical Co. Ltd. Class A		722,500		1,399
^*	Beijing Tongtech Co. Ltd. Class A		233,314		1,399
^*	Markor International Home Furnishings Co. Ltd. Class A		2,461,200		1,396
^*	GCL System Integration Technology Co. Ltd. Class A		3,915,800		1,392
^*	Liuzhou Iron & Steel Co. Ltd. Class A		1,973,061		1,390
	YGSOFT Inc. Class A		713,186		1,383
	Shenzhen Jinjia Group Co. Ltd. Class A		1,101,800		1,381
^*	Bank of Xi'an Co. Ltd. Class A		1,808,651		1,381
	Shanghai AJ Group Co. Ltd. Class A		1,241,800		1,378

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Kama Co. Ltd. Class B		3,744,802		1,377
	Navtech Inc. Class A		430,374		1,373
	Shanghai Ganglian E-Commerce Holdings Co. Ltd. Class A		127,300		1,373
^*	Shandong Denghai Seeds Co. Ltd. Class A		757,500		1,373
	Henan Pinggao Electric Co. Ltd. Class A		1,150,835		1,371
^*	Hexing Electrical Co. Ltd. Class A		646,860		1,366
	Zhejiang Yankon Group Co. Ltd. Class A		2,696,151		1,362
^*	COFCO Capital Holdings Co. Ltd. Class A (XSEC)		1,139,184		1,361
^*	Zhongyuan Environment-Protection Co. Ltd. Class A (XSEC)		1,371,200		1,361
	Suzhou Anjie Technology Co. Ltd. Class A		510,900		1,359
	Yangzhou Yangjie Electronic Technology Co. Ltd. Class A		366,600		1,357
	Chengtun Mining Group Co. Ltd. Class A		2,444,500		1,353
^*,§	China Fiber Optic Network System Group Ltd.		14,959,600		1,351
	Bank of Qingdao Co. Ltd. Class A		1,930,572		1,350
	Shenzhen Sunline Tech Co. Ltd. Class A		383,400		1,348
^*	Hengdian Entertainment Co. Ltd. Class A		656,952		1,348
^*	Sichuan Shuangma Cement Co. Ltd. Class A		696,300		1,347
^*	Blue Sail Medical Co. Ltd. Class A		594,103		1,346
	Tian Di Science & Technology Co. Ltd. Class A		3,143,545		1,344
	Shaanxi International Trust Co. Ltd. Class A		2,668,900		1,344
	Beijing Global Safety Technology Co. Ltd. Class A		231,750		1,343
	Red Avenue New Materials Group Co. Ltd. Class A		643,300		1,342
	Hubei Dinglong Co. Ltd. Class A		762,100		1,339
^*	CITIC Guoan Information Industry Co. Ltd. Class A		2,934,700		1,336
	Guizhou Space Appliance Co. Ltd. Class A		353,600		1,332
	Shenzhen Neptunus Bioengineering Co. Ltd. Class A		2,257,000		1,332
^*	DBG Technology Co. Ltd. Class A		361,030		1,331
	Shenzhen Hepalink Pharmaceutical Group Co. Ltd. Class A		428,700		1,328
^*	Guangxi Liuzhou Pharmaceutical Co. Ltd. Class A		281,227		1,327
	Jiangsu Kanion Pharmaceutical Co. Ltd. Class A		702,800		1,327
^*	Shenzhen Kinwong Electronic Co. Ltd. Class A		188,900		1,327
	Gansu Qilianshan Cement Group Co. Ltd. Class A		571,200		1,323
	Jiangsu Provincial Agricultural Reclamation and Development Corp.		915,100		1,322
^*	China Tungsten And Hightech Materials Co. Ltd. Class A		1,656,960		1,322
	Xiamen International Port Co. Ltd. Class H		14,811,051		1,320
^*	Qingdao Rural Commercial Bank Corp. Class A		2,099,125		1,313
	Shenzhen Heungkong Holding Co. Ltd. Class A		4,864,612		1,312
	Huafu Fashion Co. Ltd. Class A		1,851,674		1,312
^*	China Aluminum International Engineering Corp. Ltd. Class A		2,364,100		1,311
^*	Lakala Payment Co. Ltd. Class A		135,100		1,309
	Shenzhen Grandland Group Co. Ltd. Class A		2,732,028		1,308
^*	First Tractor Co. Ltd. Class H		5,968,956		1,308
^*	Amoy Diagnostics Co. Ltd. Class A		118,100		1,307
^*	Sichuan Haite High-tech Co. Ltd. Class A		642,300		1,305
	China Zhenhua Group Science & Technology Co. Ltd. Class A		458,900		1,303
	Phoenix Media Investment Holdings Ltd.		24,996,918		1,303
	Bengang Steel Plates Co. Ltd. Class B		6,240,446		1,302
	CECEP Solar Energy Co. Ltd. Class A		2,773,300		1,297
^*	Foran Energy Group Co. Ltd. Class A		576,963		1,295
	Beijing SuperMap Software Co. Ltd. Class A		363,600		1,294
^*	Ecovacs Robotics Co. Ltd. Class A		471,440		1,292
	Hytera Communications Corp. Ltd. Class A		1,399,100		1,292
	Chow Tai Seng Jewellery Co. Ltd. Class A		511,534		1,286
	ZJBC Information Technology Co. Ltd. Class A		899,599		1,286
^*	Hunan Dakang International Food & Agriculture Co. Ltd. Class A		3,599,400		1,282
^*	Xinhuanet Co. Ltd. Class A		358,935		1,276
	Angang Steel Co. Ltd. Class A		3,438,650		1,276
	China International Marine Containers Group Co. Ltd. Class A		1,216,500		1,273
^*	Shang Gong Group Co. Ltd. Class B		3,468,575		1,272
	Xiamen ITG Group Corp. Ltd. Class A		1,441,300		1,272
^*	Alpha Group Class A		1,424,100		1,272
	Fujian Funeng Co. Ltd. Class A		1,188,171		1,272
^*,§	CT Environmental Group Ltd.		28,987,223		1,271
	Jiangsu Nhwa Pharmaceutical Co. Ltd. Class A		677,500		1,271

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Sunward Intelligent Equipment Co. Ltd. Class A		1,383,708		1,269
	Tianjin Port Development Holdings Ltd.		18,984,017		1,269
	Avic Heavy Machinery Co. Ltd. Class A		952,800		1,266
	Jiangsu Guotai International Group Co. Ltd. Class A		1,476,384		1,263
	Ningbo Huaxiang Electronic Co. Ltd. Class A		510,400		1,261
	Shanxi Lanhua Sci-Tech Venture Co. Ltd. Class A		1,844,500		1,261
	Kunwu Jiuding Investment Holdings Co. Ltd. Class A		341,716		1,253
	AECC Aero-Engine Control Co. Ltd. Class A		686,300		1,251
^*	Guangdong Golden Dragon Development Inc. Class A		720,200		1,233
^*	PharmaBlock Sciences Nanjing Inc. Class A		109,252		1,233
^*	Gansu Shangfeng Cement Co. Ltd. Class A		342,400		1,230
	Tus Environmental Science And Technology Development Co. Ltd. Class A		1,086,700		1,226
^*	Suzhou TFC Optical Communication Co. Ltd. Class A		167,100		1,226
	Beijing SL Pharmaceutical Co. Ltd. Class A		786,400		1,226
^*	Nanjing Hanrui Cobalt Co. Ltd. Class A		186,200		1,224
^*	CGN Power Co. Ltd. Class A		3,042,100		1,223
^§	Tahoe Group Co. Ltd. Class A		1,954,245		1,222
^*	Grand Baoxin Auto Group Ltd.		10,261,470		1,221
^*	Hangxiao Steel Structure Co. Ltd. Class A		2,208,440		1,209
^*	Sichuan Jiuyuan Yinhai Software Co. Ltd. Class A		195,300		1,207
	ENN Ecological Holdings Co. Ltd. Class A		947,100		1,206
	Aerospace CH UAV Co. Ltd.		712,500		1,204
	Dongguan Development Holdings Co. Ltd. Class A		1,165,100		1,201
	Beijing Easpring Material Technology Co. Ltd. Class A		357,000		1,200
^*	Eoptolink Technology Inc. Ltd. Class A (XSHE)		118,300		1,199
	ADAMA Ltd. Class A		879,588		1,198
^*	Sunflower Pharmaceutical Group Co. Ltd. Class A		613,395		1,196
	JSTI Group Class A		961,880		1,194
	Xinjiang Tianshan Cement Co. Ltd. Class A		710,900		1,194
^*	Easysight Supply Chain Management Co. Ltd. Class A		675,092		1,191
^*	Shanghai AtHub Co. Ltd. Class A		141,500		1,188
^*	Beijing Watertek Information Technology Co. Ltd. Class A		1,347,900		1,186
^*	Huadian Energy Co. Ltd. Class B		10,227,026		1,185
^*	Ming Yang Smart Energy Group Ltd. Class A		746,900		1,182
	Mayinglong Pharmaceutical Group Co. Ltd. Class A		516,780		1,181
^*	Guangxi Guidong Electric Power Co. Ltd. Class A		2,251,529		1,179
	Weiqiao Textile Co. Class H		5,636,653		1,174
^*	Jilin Power Share Co. Ltd. Class A		2,180,300		1,173
	Guangdong Zhongsheng Pharmaceutical Co. Ltd. Class A		712,500		1,173
	Eternal Asia Supply Chain Management Ltd. Class A		1,971,697		1,171
	Xiamen Faratronic Co. Ltd. Class A		158,213		1,169
	Zhejiang Xianju Pharmaceutical Co. Ltd. Class A		624,100		1,168
	Wuhan Department Store Group Co. Ltd. Class A		747,700		1,165
	Beijing VRV Software Corp. Ltd. Class A		1,184,200		1,165
	Sichuan Road & Bridge Co. Ltd. Class A		2,166,850		1,160
	Xinyangfeng Agricultural Technology Co. Ltd. Class A		978,900		1,159
	Luoniushan Co. Ltd. Class A		852,200		1,154
^*	Inner Mongolia Yuan Xing Energy Co. Ltd. Class A		4,535,730		1,149
	Titan Wind Energy Suzhou Co. Ltd. Class A		1,382,900		1,149
	China Publishing & Media Co. Ltd. Class A (XSHG)		1,550,950		1,148
^*,1	Tian Ge Interactive Holdings Ltd.		6,803,129		1,146
^*	Beijing Ultrapower Software Co. Ltd. Class A		1,574,100		1,143
	Saurer Intelligent Technology Co. Ltd. Class A		1,616,100		1,143
	263 Network Communications Co. Ltd. Class A		1,173,226		1,138
	Elion Clean Energy Co. Ltd. Class A		2,194,617		1,137
^*	Jiangxi Wannianqing Cement Co. Ltd. Class A		553,290		1,137
^*	Jiangsu Changshu Rural Commercial Bank Co. Ltd. Class A		1,129,300		1,134
^*	Sichuan Hebang Biotechnology Co. Ltd. Class A		5,916,200		1,134
	China Nonferrous Metal Industry's Foreign Engineering and Construction Co. Ltd. Class A		2,008,600		1,133
	China CAMC Engineering Co. Ltd. Class A		1,089,000		1,130
^*	Shanghai Greencourt Investment Group Co. Ltd. Class B		3,560,298		1,130
^*	Jiangsu Guoxin Corp. Ltd. Class A		1,256,600		1,130
^*	Chongqing Pharscin Pharmaceutical Co. Ltd.		453,500		1,130
	Shenzhen World Union Group Inc. Class A		2,837,580		1,122

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Rainbow Department Store Co. Ltd. Class A		870,900		1,121
^*	Keda Clean Energy Co. Ltd. Class A		1,951,800		1,121
	Chongqing Department Store Co. Ltd. Class A		293,700		1,120
^*	Beijing Enterprises Clean Energy Group Ltd.		272,002,627		1,117
	CITIC Resources Holdings Ltd.		33,082,891		1,113
	Guangdong Highsun Group Co. Ltd. Class A		2,825,278		1,113
	Zhejiang Jiemei Electronic & Technology Co. Ltd. Class A		186,500		1,113
^*	Yantai Zhenghai Magnetic Material Co. Ltd. Class A		1,029,900		1,112
	Gosuncn Technology Group Co. Ltd. Class A		1,422,900		1,108
	Sinoma International Engineering Co. Class A		1,348,700		1,106
^*	Huayi Brothers Media Corp. Class A		1,991,700		1,103
	Zhuzhou Kibing Group Co. Ltd. Class A		1,489,000		1,100
^*	JC Finance & Tax Interconnect Holdings Ltd. Class A		761,600		1,100
^*	Zhejiang Meida Industrial Co. Ltd. Class A		714,080		1,098
	Shenzhen Fuanna Bedding and Furnishing Co. Ltd. Class A		1,068,230		1,097
^*	Polaris Bay Group Co. Ltd. Class A		696,900		1,093
	Zhejiang Runtu Co. Ltd. Class A		837,112		1,093
^*	Beijing Jetsen Technology Co. Ltd. Class A		1,841,600		1,092
	Zhejiang Yongtai Technology Co. Ltd. Class A		699,364		1,092
	Chongqing Dima Industry Co. Ltd. Class A		2,674,640		1,087
	Jinyuan EP Co. Ltd. Class A		863,042		1,086
	China High Speed Railway Technology Co. Ltd. Class A		2,416,813		1,082
	Beijing Hualian Department Store Co. Ltd. Class A		4,094,359		1,081
	Zhejiang Semir Garment Co. Ltd. Class A		1,072,419		1,080
	Chongqing Water Group Co. Ltd. Class A		1,442,700		1,079
^*	Guangdong Huatie Tongda High-speed Railway Equipment Corp. Class A		1,541,944		1,079
	Genimous Technology Co. Ltd. Class A		1,036,440		1,079
	Jiangsu Linyang Energy Co. Ltd. Class A		1,485,500		1,073
	Fujian Longking Co. Ltd. Class A		854,893		1,073
	China Wuyi Co. Ltd. Class A		2,100,494		1,072
^*	Fujian Dongbai Group Co. Ltd. Class A		1,572,300		1,070
	Zheshang Securities Co. Ltd. Class A		784,147		1,070
^*	Konfoong Materials International Co. Ltd. Class A		144,800		1,068
^*	Guizhou Xinbang Pharmaceutical Co. Ltd. Class A		1,655,800		1,068
^*	Zhuzhou Hongda Electronics Corp. Ltd. Class A		304,900		1,067
	Shanghai Lansheng Corp. Class A		776,900		1,066
	LianChuang Electronic Technology Co. Ltd. Class A		566,238		1,063
	Zhejiang Hisoar Pharmaceutical Co. Ltd. Class A		1,270,800		1,063
^*	Harbin Pharmaceutical Group Co. Ltd. Class A		2,055,728		1,063
	Shanghai Belling Co. Ltd. Class A		464,300		1,063
^*	Shanghai Xinnanyang Only Education & Technology Co. Ltd. Class A		481,217		1,062
	Macrolink Culturaltainment Development Co. Ltd. Class A		2,726,478		1,059
	Shanghai Environment Group Co. Ltd. Class A		586,539		1,057
	Hubei Jumpcan Pharmaceutical Co. Ltd. Class A		361,117		1,053
^*	Shanghai Pudong Road & Bridge Construction Co. Ltd. Class A		1,148,700		1,053
	Bright Real Estate Group Co. Ltd. Class A		2,528,624		1,049
	Hangzhou Century Co. Ltd. Class A		620,900		1,047
	Qinhuangdao Port Co. Ltd. Class A		2,752,500		1,044
^*	China Merchants Port Group Co. Ltd. Class A		521,300		1,043
	Beijing Sanju Environmental Protection and New Material Co. Ltd. Class A		1,771,561		1,035
	Zhejiang Jingxin Pharmaceutical Co. Ltd. Class A		713,000		1,033
	Visual China Group Co. Ltd. Class A		419,000		1,029
	Shanghai Zijiang Enterprise Group Co. Ltd. Class A		1,698,503		1,028
	Tianjin Development Holdings Ltd.		4,841,181		1,024
^*	Shenzhen Tellus Holding Co. Ltd. Class A		407,835		1,018
^*	Hangzhou Oxygen Plant Group Co. Ltd. Class A		617,700		1,012
	Jiangling Motors Corp. Ltd. Class A		608,278		1,010
^*	Shenzhen Gongjin Electronics Co. Ltd. Class A		594,100		1,009
^*	Shenzhen Anche Technologies Co. Ltd. Class A		153,540		1,004
	Yotrio Group Co. Ltd. Class A		1,832,200		1,004
	Shanghai Jinjiang International Travel Co. Ltd. Class B		801,996		999
	Grinm Advanced Materials Co. Ltd. Class A		568,800		998
^*	Sou Yu Te Group Co. Ltd. Class A		2,258,100		995
^*	Anhui Jianghuai Automobile Group Corp. Ltd. Class A		1,409,900		993

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Guangdong Provincial Expressway Development Co. Ltd. Class A		948,631		993
^*	Xiamen Intretech Inc. Class A		134,200		989
^*	Zhejiang Communications Technology Co. Ltd.		1,260,401		984
	Shenzhen Centralcon Investment Holding Co. Ltd. Class A		740,580		984
	Shandong Hi-Speed Road & Bridge Co. Ltd. Class A		1,356,900		983
	Qingdao Hanhe Cable Co. Ltd. Class A		1,268,630		978
^*	Quantum Hi-Tech China Biological Co. Ltd. Class A		625,946		972
^*	Beijing Strong Biotechnologies Inc. Class A		404,000		969
^*	Shunfa Hengye Corp. Class A		2,276,991		969
	Hoshine Silicon Industry Co. Ltd. Class A		295,780		966
	Guomai Technologies Inc. Class A		783,000		964
^*	JiuGui Liquor Co. Ltd. Class A		214,000		963
	CCS Supply Chain Management Co. Ltd. Class A		1,170,624		959
	Tangshan Sanyou Chemical Industries Co. Ltd. Class A		1,535,800		956
	Caitong Securities Co. Ltd. Class A		719,200		954
	Luxi Chemical Group Co. Ltd. Class A		866,000		954
	Hubei Fuxing Science And Technology Co. Ltd. Class A		1,265,235		953
^*	Anhui Korrun Co. Ltd. Class A		262,000		951
	Baosheng Science and Technology Innovation Co. Ltd. Class A		1,591,980		949
^*	Maoye Commericial Co. Ltd. Class A		1,788,570		946
	Xinhua Winshare Publishing and Media Co. Ltd. Class A		594,771		944
	Focused Photonics Hangzhou Inc. Class A		507,400		944
^*	Suzhou Chunxing Precision Mechanical Co. Ltd. Class A		918,100		943
^*	Juneyao Airlines Co. Ltd. Class A		679,430		942
	Vatti Corp. Ltd. Class A		588,100		934
	Shenzhen Infogem Technologies Co. Ltd. Class A		478,400		933
	Transfar Zhilian Co. Ltd. Class A		1,079,068		931
^*	Xinyu Iron & Steel Co. Ltd. Class A		1,634,800		929
^*	China Minmetals Rare Earth Co. Ltd. Class A		654,700		928
¹	Beijing Urban Construction Design & Development Group Co. Ltd. Class H		3,372,891		922
	Guangxi Liugong Machinery Co. Ltd. Class A		948,800		916
	Sino Wealth Electronic Ltd. Class A		190,785		915
	Anhui Zhongding Sealing Parts Co. Ltd. Class A		849,180		914
^*	Lier Chemical Co. Ltd. Class A		431,402		913
^*	Inner Mongolia Xingye Mining Co. Ltd. Class A		1,268,000		912
	Shanghai Dazhong Public Utilities Group Co. Ltd. Class A		1,505,300		909
^*	Beijing GeoEnviron Engineering & Technology Inc. Class A		527,467		907
^*	Guizhou Gas Group Corp. Ltd. Class A		656,360		906
	Anhui Kouzi Distillery Co. Ltd. Class A		156,200		906
	CGN Nuclear Technology Development Co. Ltd. Class A		987,928		904
	Xinjiang Zhongtai Chemical Co. Ltd. Class A		1,361,600		901
	Xinjiang Yilite Industry Co. Ltd. Class A		496,900		892
	Foshan Electrical and Lighting Co. Ltd. Class A		1,390,900		892
^*	Xinjiang Communications Construction Group Co. Ltd. Class A		447,500		888
	Anhui Construction Engineering Group Co. Ltd. Class A		1,627,687		883
^*	Befar Group Co. Ltd. Class A		1,354,140		883
^*	Fujian Aonong Biological Technology Group Inc. Ltd. Class A		296,370		883
^*	Rongan Property Co. Ltd. Class A		2,438,200		883
	Global Top E-Commerce Co. Ltd. Class A		1,113,300		881
^*	China Reform Health Management and Services Group Co. Ltd. Class A		571,735		880
^*	GuangYuYuan Chinese Herbal Medicine Co. Ltd. Class A		512,274		876
^*	Advanced Technology & Materials Co. Ltd. Class A		1,134,700		876
^*	SGIS Songshan Co. Ltd. Class A		1,663,800		875
	Henan Zhongyuan Expressway Co. Ltd. Class A		1,583,302		874
	Shanghai 2345 Network Holding Group Co. Ltd. Class A		2,091,921		870
	Beijing Zhong Ke San Huan High-Tech Co. Ltd. Class A		691,100		870
	Jiangsu Huaxicun Co. Ltd. Class A		576,300		862
^*	Landing International Development Ltd.		21,932,901		861
	Hunan Gold Corp. Ltd. Class A		805,920		859
	Shanghai Shibei Hi-Tech Co. Ltd. Class A		770,600		852
	Sinosteel Engineering & Technology Co. Ltd. Class A		1,458,780		851
	Yantai Tayho Advanced Materials Co. Ltd. Class A		504,500		850
	Chongqing Zongshen Power Machinery Co. Ltd. Class A		1,005,695		845
^*	Shanghai Runda Medical Technology Co. Ltd. Class A		613,900		844

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Tongyu Heavy Industry Co. Ltd. Class A		3,027,843		844
	North Huajin Chemical Industries Co. Ltd. Class A		1,231,200		843
	GCI Science & Technology Co. Ltd. Class A		428,800		839
^*	Dare Power Dekor Home Co. Ltd. Class A		540,966		839
^*	Tangrenshen Group Co. Ltd. Class A		583,500		837
	Guangdong Shirongzhaoye Co. Ltd. Class A		903,334		836
^*	Youzu Interactive Co. Ltd. Class A		319,100		827
^*	Jiangsu Lihua Animal Husbandry Stock Co. Ltd. Class A		138,300		823
	Shenzhen Bauing Construction Holding Group Co. Ltd. Class A		1,176,500		820
	Sino GeoPhysical Co. Ltd. Class A		355,262		815
^*	Beijing UniStrong Science & Technology Co. Ltd. Class A		588,211		812
	China Railway Tielong Container Logistics Co. Ltd. Class A		1,100,229		802
^*	Wuhan P&S Information Technology Co. Ltd. Class A		794,500		797
	Zhejiang Jinke Culture Industry Co. Ltd. Class A		2,438,849		790
	Chongyi Zhangyuan Tungsten Co. Ltd. Class A		1,424,634		787
^*	Zhejiang Narada Power Source Co. Ltd. Class A		519,500		785
	Shanghai Industrial Development Co. Ltd. Class A		1,071,800		785
^*	Zhejiang JIULI Hi-tech Metals Co. Ltd. Class A		788,550		785
	Beijing WKW Automotive Parts Co. Ltd. Class A		1,332,883		781
^*	Shenzhen Das Intellitech Co. Ltd. Class A		1,411,400		774
^*	CSSC Science & Technology Co. Ltd. Class A		498,200		770
^*	Fuan Pharmaceutical Group Co. Ltd. Class A		978,000		768
	Hainan Ruize New Building Material Co. Ltd. Class A		791,500		766
^*	Wutong Holding Group Co. Ltd. Class A		1,057,800		764
^*	Biem.L.Fdlkk Garment Co. Ltd. Class A		258,214		764
	Shandong Buchang Pharmaceuticals Co. Ltd. Class A		247,300		763
	Huizhou Speed Wireless Technology Co. Ltd. Class A		336,200		762
	Digital China Information Service Co. Ltd. Class A		361,002		762
	Hubei Xingfa Chemicals Group Co. Ltd. Class A		608,000		760
	Xiamen International Airport Co. Ltd. Class A		302,586		758
^*	Electric Connector Technology Co. Ltd. Class A		163,239		755
	CNNC Hua Yuan Titanium Dioxide Co. Ltd. Class A		1,182,600		755
^*	Guangzhou Holike Creative Home Co. Ltd. Class A		394,766		754
	Changchun Faway Automobile Components Co. Ltd. Class A		566,608		753
^*	Guangdong Dongfang Precision Science & Technology Co. Ltd. Class A		1,190,600		753
^*	COFCO Capital Holdings Co. Ltd. Class A (XSHE)		631,200		753
	Nanjing Redsun Co. Ltd. Class A		547,100		751
	Tibet Summit Resources Co. Ltd. Class A		699,240		748
	Opple Lighting Co. Ltd. Class A		221,956		746
^*	Unilumin Group Co. Ltd. Class A		591,777		740
^*	Shanghai Phoenix Enterprise Group Co. Ltd. Class B		2,182,100		740
^*	Changzhou Tronly New Electronic Materials Co. Ltd. Class A		337,400		738
	Shanghai Maling Aquarius Co. Ltd. Class A		615,000		734
	Hand Enterprise Solutions Co. Ltd. Class A		586,200		728
^*	Jiangsu Hoperun Software Co. Ltd. Class A		540,100		724
^*	Shandong Minhe Animal Husbandry Co. Ltd. Class A		216,200		722
	Beijing Cisri-Gaona Materials & Technology Co. Ltd. Class A		317,600		722
	Xiamen Comfort Science & Technology Group Co. Ltd. Class A		570,300		720
	Skyworth Digital Co. Ltd. Class A		486,357		716
	Shenzhen SDG Information Co. Ltd. Class A		554,640		713
	Jiangxi Huangshanghuang Group Food Co. Ltd. Class A (XSHE)		248,000		711
	Camel Group Co. Ltd. Class A		559,717		707
^*	Xiwang Foodstuffs Co. Ltd. Class A		950,000		707
	Shenzhen Aisidi Co. Ltd. Class A		630,000		698
^*	China Publishing & Media Co. Ltd. Class A (XSSC)		940,341		697
	Jointo Energy Investment Co. Ltd. Hebei Class A		1,038,100		697
	Shenzhen Desay Battery Technology Co. Class A		134,800		696
	Tongding Interconnection Information Co. Ltd. Class A		912,461		694
	HY Energy Group Co. Ltd. Class A		645,668		691
	All Winner Technology Co. Ltd. Class A		172,800		690
	Realcan Pharmaceutical Group Co. Ltd. Class A		948,300		688
	Qingdao Eastsoft Communication Technology Co. Ltd. Class A		333,100		680
	Sino-Platinum Metals Co. Ltd. Class A		297,900		677
	Hangzhou Zhongheng Electric Co. Ltd. Class A		355,500		677

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Guangxi Wuzhou Communications Co. Ltd. Class A (XSSC)		1,254,680		677
^*	Everbright Jiabao Co. Ltd. Class A		1,064,586		672
	China Harzone Industry Corp. Ltd. Class A (XSEC)		566,575		666
^*	Northeast Pharmaceutical Group Co. Ltd. Class A		655,354		666
^*	Shengda Resources Co. Ltd. Class A		430,400		665
^*	Suzhou Victory Precision Manufacture Co. Ltd. Class A		2,175,700		663
^*	Henan Shenhuo Coal & Power Co. Ltd. Class A		1,171,900		662
^*	China Bester Group Telecom Co. Ltd. Class A		235,300		660
^*	Anhui Sun-Create Electronics Co. Ltd. Class A		123,600		660
	Renhe Pharmacy Co. Ltd. Class A		776,000		659
	Zhuhai Orbita Aerospace Science & Technology Co. Ltd. Class A		449,000		658
^*	Shenzhen Fenda Technology Co. Ltd. Class A		1,663,764		657
^*	Shenzhen Center Power Tech Co. Ltd. Class A		222,520		655
	Yanzhou Coal Mining Co. Ltd. Class A		559,600		653
	MYS Group Co. Ltd.		994,300		652
	China West Construction Group Co. Ltd. Class A		482,477		652
^{*,^}	Chongqing Iron & Steel Co. Ltd. Class H		6,701,201		652
	Deppon Logistics Co. Ltd. Class A		471,800		650
^*	Eoptolink Technology Inc. Ltd. Class A (XSEC)		63,900		647
	CSG Smart Science&Technology Co. Ltd. Class A		581,800		645
	KPC Pharmaceuticals Inc. Class A		473,000		641
^*	Jiangsu Shuangxing Color Plastic New Materials Co. Ltd. Class A		870,400		640
	Maoye International Holdings Ltd.		13,736,523		634
	Sichuan Yahua Industrial Group Co. Ltd. Class A		594,300		633
	Zhejiang Wanma Co. Ltd. Class A		613,700		630
^*	Shede Spirits Co. Ltd. Class A		186,500		629
^*	China Harzone Industry Corp. Ltd. Class A		172,500		627
	Foshan Electrical and Lighting Co. Ltd. Class B		1,992,312		620
	Canny Elevator Co. Ltd. Class A		557,700		615
	Sumavision Technologies Co. Ltd. Class A		961,500		614
	Guangdong Vanward New Electric Co. Ltd. Class A		547,886		614
	Shenzhen Ysstech Info-tech Co. Ltd. Class A		432,000		613
	LingNan Eco&Culture-Tourism Co. Ltd. Class A		1,079,250		611
	China CYTS Tours Holding Co. Ltd. Class A		413,930		609
^*	Suzhou New District Hi-Tech Industrial Co. Ltd. Class A		821,800		607
^*	Jiangsu Etern Co. Ltd. Class A		1,044,326		603
^*	Zhejiang Garden Bio-Chemical High-tech Co. Ltd. Class A		314,791		603
	Zhengzhou Coal Mining Machinery Group Co. Ltd. Class A		827,000		602
^*	Beijing Forever Technology Co. Ltd. Class A		393,800		602
^*,§	Boshiwa International Holding Ltd.		2,777,000		602
	HC SemiTek Corp. Class A		682,700		601
^*	HyUnion Holding Co. Ltd. Class A		696,200		601
^*	Jiangsu Zijin Rural Commercial Bank Co. Ltd. Class A		1,015,800		589
	First Capital Securities Co. Ltd. Class A		605,800		589
	Do-Fluoride Chemicals Co. Ltd. Class A		400,500		588
	China Zhonghua Geotechnical Engineering Group Co. Ltd. Class A		1,179,800		587
^*	Tibet Tianlu Co. Ltd. Class A		596,904		587
^*	Zotye Automobile Co. Ltd. Class A		2,046,300		587
^*	Telling Telecommunication Holding Co. Ltd. Class A		765,800		586
	Shinva Medical Instrument Co. Ltd. Class A		265,479		584
^*	MCC Meili Cloud Computing Industry Investment Co. Ltd. Class A		603,400		584
	Poly Culture Group Corp. Ltd. Class H		1,192,688		581
^*	Sunsea AIoT Technology Co. Ltd. Class A		238,000		581
	Guangdong Shenglu Telecommunication Tech Co. Ltd. Class A		568,300		581
^*	Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd. Class A		754,900		581
^*	Misho Ecology & Landscape Co. Ltd. Class A		393,900		580
^*	Beijing Philisense Technology Co. Ltd. Class A		924,100		572
	Beijing Jingxi Culture & Tourism Co. Ltd. Class A		586,700		569
	Xinjiang Machinery Research Institute Co. Ltd. Class A		965,006		568
	Inspur Software Co. Ltd. Class A		224,900		568
^*	Zhongshan Broad Ocean Motor Co. Ltd. Class A		1,116,700		565
	Shenzhen Expressway Co. Ltd. Class A		409,548		563
	Shandong Xinhua Pharmaceutical Co. Ltd. Class A		403,700		560
	Guangdong Ellington Electronics Technology Co. Ltd. Class A		387,100		559

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Foshan Nationstar Optoelectronics Co. Ltd. Class A		381,800		555
	Jiangxi Lianchuang Optoelectronic Science & Technology Co. Ltd. Class A		289,300		554
^*	Estun Automation Co. Ltd. Class A		379,400		552
	Aerospace Hi-Tech Holdings Grp Ltd. Class A		392,161		549
	Kingsignal Technology Co. Ltd. Class A		427,335		549
^*	Goldcard Smart Group Co. Ltd.		258,914		543
^*	Western Region Gold Co. Ltd. Class A		281,700		542
^*	Goldenmax International Technology Ltd. Class A		481,600		541
^*	Jilin Zixin Pharmaceutical Industrial Co. Ltd. Class A		842,900		536
	CTS International Logistics Corp. Ltd. Class A		663,200		529
	Ningbo Yunsheng Co. Ltd. Class A		670,500		523
^*	Nanfang Zhongjin Environment Co. Ltd. Class A		1,180,000		522
	FAWER Automotive Parts Co. Ltd. Class A		787,400		518
^*	Shenzhen Selen Science & Technology Co. Ltd. Class A		726,400		515
^*	Zhejiang Jingu Co. Ltd. Class A		600,800		514
^*	Hybio Pharmaceutical Co. Ltd. Class A		652,830		512
	Bluedon Information Security Technology Co. Ltd. Class A		928,500		505
	Rastar Group Class A		1,031,300		504
	Beijing Water Business Doctor Co. Ltd. Class A		603,100		500
	Guizhou Broadcasting & TV Information Network Co. Ltd. Class A		496,000		499
^*	Fujian Longma Environmental Sanitation Equipment Co. Ltd. Class A		197,540		499
	Nanjing Panda Electronics Co. Ltd. Class A		444,700		497
^*	China Calxon Group Co. Ltd. Class A		799,871		497
^*	Glorious Property Holdings Ltd.		25,541,396		497
	Zhongyuan Environment-Protection Co. Ltd. Class A (XSHE)		498,566		495
^*	Shenzhen Noposion Agrochemicals Co. Ltd. Class A		563,400		491
^*	Sichuan Tianyi Comheart Telecom Co. Ltd. Class A		141,300		487
^{*,§,^}	China Fishery Group Ltd.		9,033,000		487
	Henan Rebecca Hair Products Co. Ltd. Class A		1,246,400		476
^*	China First Capital Group Ltd.		17,078,000		475
	Chengdu CORPRO Technology Co. Ltd. Class A		314,400		461
	Shandong New Beiyang Information Technology Co. Ltd. Class A		325,300		458
	Shandong Chenming Paper Holdings Ltd. Class A		659,200		455
	Shenzhen Danbond Technology Co. Ltd. Class A		362,200		452
^*	Gem-Year Industrial Co. Ltd. Class A		566,362		448
^*	JL Mag Rare-Earth Co. Ltd. Class A		99,600		443
	Zhejiang Xinan Chemical Industrial Group Co. Ltd. Class A		389,600		439
	Hebei Hengshui Laobaigan Liquor Co. Ltd. Class A		352,000		429
	Guangdong Dowstone Technology Co. Ltd. Class A		270,500		424
	Cangzhou Mingzhu Plastic Co. Ltd. Class A		848,822		417
^*	Henan Yuguang Gold & Lead Co. Ltd. Class A		763,200		416
	Shanghai Shenda Co. Ltd. Class A		597,468		412
^*	Kingnet Network Co. Ltd. Class A		1,137,000		407
	Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. Class A		90,303		402
^*	Jiangxi Huangshanghuang Group Food Co. Ltd. Class A (XSEC)		138,400		397
	Beijing Changjiu Logistics Corp. Class A		310,820		396
^*	Innuovo Technology Co. Ltd. Class A (XSHE)		566,700		396
	Zhonglu Co. Ltd. Class B		866,486		390
^*	Sanxiang Impression Co. Ltd. Class A		685,500		389
^*	First Tractor Co. Ltd. Class A		391,500		387
	Inner Mongolia M-Grass Ecology And Enviroment Group Co. Ltd. Class A		955,100		386
	Zhejiang NetSun Co. Ltd. Class A		145,969		385
	Henan Senyuan Electric Co. Ltd. Class A		481,500		375
	Shandong Xiantan Co. Ltd. Class A (XSHE)		196,500		374
^*	China Chengtong Development Group Ltd.		16,618,993		367
	Fujian Snowman Co. Ltd. Class A (XSHE)		360,500		362
^*	CPT Technology Group Co. Ltd. Class A		1,675,400		362
^*	BeiGene Ltd. ADR		2,353		360
	Zhengzhou Sino Crystal Diamond Co. Ltd. Class A		1,224,321		352
	Hakim Unique Internet Co. Ltd. Class A		397,900		349
^*	Tunghsu Azure Renewable Energy Co. Ltd. Class A		803,600		342
^*	Kunshan Kersen Science & Technology Co. Ltd. Class A		219,700		341
	Keda Group Co. Ltd. Class A		621,800		337
	Jinzhou Port Co. Ltd. Class B		1,436,212		333

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Hangzhou Lianluo Interactive Information Technology Co. Ltd. Class A		1,149,100		333
^*	EGLS Co. Ltd. Class A		1,040,800		332
^*	Shandong Meichen Ecology & Environment Co. Ltd. Class A		1,062,500		328
^*	Teamax Smart City Technology Corp. Ltd. Class A		753,900		317
^*	Beijing Centergate Technologies Holding Co. Ltd. Class A		243,200		300
	Netposa Technologies Ltd. Class A		693,800		291
^*	Zhejiang Yatai Pharmaceutical Co. Ltd. Class A		360,800		278
^*	China Water Industry Group Ltd.		7,616,653		265
^*	Innuovo Technology Co. Ltd. Class A (XSEC)		363,800		254
^*	Jiangxi Special Electric Motor Co. Ltd. Class A		1,065,479		250
¹	Ozner Water International Holding Ltd.		7,247,749		245
^*	Shandong Xiantan Co. Ltd. Class A (XSEC)		127,900		243
	Shanghai Tongji Science & Technology Industrial Co. Ltd. Class A		193,200		235
^*	Shenzhen Woer Heat-Shrinkable Material Co. Ltd. Class A		349,300		228
^*,§	China Lumena New Materials Corp.		337,200		217
^*	Guangdong Great River Smarter Logistics Co. Ltd. Class A		129,532		209
^*,§	Hua Han Health Industry Holdings Ltd.		13,393,764		207
^*	Zhongfu Straits Pingtan Development Co. Ltd. Class A		638,400		205
^*	Nanjing Huadong Electronics Information & Technology Co. Ltd. Class A		1,102,100		205
	Shenzhen Wongtee International Enterprise Co. Ltd. Class B		1,061,642		204
^*	Fujian Snowman Co. Ltd. Class A (XSEC)		199,000		200
^*	Youngy Co. Ltd. Class A		100,504		190
	Guangxi Wuzhou Communications Co. Ltd. Class A (XSHG)		350,600		189
^*	Cangzhou Dahua Co. Ltd. Class A		167,400		179
^*	Yihua Healthcare Co. Ltd. Class A		310,220		168
^*	TianGuang ZhongMao Co. Ltd. Class A		1,229,300		160
	Changhong Meiling Co. Ltd. Class B		673,580		147
^*,§	Real Gold Mining Ltd.		1,345,000		145
^*	DIT Group Ltd.		3,048,437		41
^*,1	Cogobuy Group		380,000		40
^*	Capital Environment Holdings Ltd.		2,459,741		36
^*	V1 Group Ltd.		1,899,824		34
^*	SRE Group Ltd.		9,035,576		33
^*	EverChina International Holdings Co. Ltd.		982,249		25
	China Merchants Port Group Co. Ltd. Class B		11,300		10
^{*,§,^}	Midas Holdings Ltd.		16,595,800		—
^{*,§,^}	China Huishan Dairy Holdings Co. Ltd.		45,054,011		—
^*,§	Anxin-China Holdings Ltd.		16,568,000		—
^*,§	China Forestry - Dummy Line		3,050,000		—
^*,§	China Metal Recycling Holdings Ltd.		2,568,000		—
^*,§	Trony Solar Holdings Co. Ltd.		1,562,000		—
^*,§	China Longevity Group Co. Ltd.		1,027,000		—
		��			36,762,459
Colombia (0.1%)
	Bancolombia SA ADR		1,789,813		46,714
	Ecopetrol SA		71,166,561		37,570
	Interconexion Electrica SA ESP		6,784,091		31,187
	Grupo de Inversiones Suramericana SA		4,228,586		22,986
	Bancolombia SA		2,945,353		18,837
	Bancolombia SA Preference Shares		2,852,098		18,644
	Grupo Aval Acciones y Valores Preference Shares		59,103,590		12,615
	Grupo Argos SA		5,185,879		12,077
	Banco Davivienda SA Preference Shares		1,603,215		11,630
^*	Corp Financiera Colombiana SA		1,627,674		10,607
	Ecopetrol SA ADR		996,993		10,419
	Grupo Energia Bogota SA ESP		16,965,642		9,599
	Cementos Argos SA		8,270,934		8,137
	Grupo de Inversiones Suramericana SA Preference Shares		1,107,235		5,280
^*	CEMEX Latam Holdings SA		2,307,473		1,049
	Grupo Aval Acciones y Valores SA ADR		243,200		1,022
					258,373
Czech Republic (0.0%)
^{^}	Cez AS		2,850,354		52,992

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Komercni banka AS		1,398,256		29,608
¹	Moneta Money Bank AS		9,604,639		19,953
	O2 Czech Republic AS		894,746		7,837
^*	Philip Morris CR AS		8,638		4,932
					115,322
Denmark (1.4%)
	Novo Nordisk A/S Class B		28,848,179		1,840,226
	DSV Panalpina A/S		3,544,197		368,243
	Coloplast A/S Class B		2,320,840		366,052
¹	Orsted A/S		3,290,578		332,383
	Vestas Wind Systems A/S		3,412,298		293,025
^*	Genmab A/S		1,029,259		247,418
	Carlsberg A/S Class B		1,774,025		223,799
	Novozymes A/S		3,567,450		175,007
	Chr Hansen Holding A/S		1,806,851		155,793
^*	Danske Bank A/S		11,719,437		139,146
	AP Moller - Maersk A/S Class B		114,596		114,052
	GN Store Nord A/S		2,291,094		104,557
	Ambu A/S Class B		2,898,420		90,785
	AP Moller - Maersk A/S Class A		75,285		69,759
^*	Royal Unibrew A/S		877,852		67,916
	SimCorp A/S		696,678		64,351
	Tryg A/S		2,144,945		57,205
	Pandora A/S		1,569,596		55,812
^*	Iss A/S		3,254,873		48,391
^*	Demant A/S		1,868,322		44,667
	H Lundbeck A/S		1,061,948		38,746
	Topdanmark A/S		764,061		30,843
	Ringkjoebing Landbobank A/S		477,430		29,970
^*,1	Netcompany Group A/S		578,093		29,866
^*	ALK-Abello A/S		117,327		29,846
^*	Jyske Bank A/S		1,078,602		29,115
^*	Bavarian Nordic A/S		1,036,679		24,426
	ROCKWOOL International A/S Class B		116,016		24,382
^*	FLSmidth & Co. A/S		891,152		23,454
^*	Zealand Pharma A/S		633,469		22,022
^*	Sydbank A/S		957,600		15,823
^*	Schouw & Co. A/S		201,517		14,453
^*	Dfds A/S		558,874		14,187
¹	Scandinavian Tobacco Group A/S		1,082,985		12,446
^*	Nkt A/S		510,698		11,482
^*	Drilling Co. of 1972 A/S		377,252		8,876
^*	Spar Nord Bank A/S		1,252,373		8,729
^*	Alm Brand A/S		1,077,281		8,442
^*	Nilfisk Holding A/S		433,375		6,138
^{*,^}	D/S Norden A/S		430,641		6,053
	Matas A/S		9,120		62
^*,§	OW Bunker A/S		129,331		—
					5,247,948
Egypt (0.0%)
	Commercial International Bank Egypt SAE		24,276,665		98,686
	Eastern Co. SAE		16,044,407		12,346
	Egypt Kuwait Holding Co. SAE		11,678,105		11,669
	Egyptian Financial Group-Hermes Holding Co.		10,439,149		7,469
	ElSewedy Electric Co.		11,969,810		6,755
	Talaat Moustafa Group		15,272,091		5,494
	Orascom Construction plc		826,803		3,758
	Telecom Egypt Co.		5,042,992		3,457
	Six of October Development & Investment		3,730,073		2,486
^*	Palm Hills Developments SAE		27,404,909		2,237
^*	Oriental Weavers		5,921,976		2,052
	Medinet Nasr Housing		10,394,076		2,024
^*	Ezz Steel Co. SAE		3,653,048		1,682
	Heliopolis Housing		5,414,952		1,633

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Pioneers Holding for Financial Investments SAE		6,761,084		1,615
	Alexandria Mineral Oils Co.		8,936,437		1,480
^*	Orascom Investment Holding GDR		1,590,133		125
					164,968
Finland (0.8%)
	Kone Oyj Class B		6,807,258		412,209
	Nokia Oyj		98,180,544		353,936
^*	Nordea Bank Abp (XSTO)		48,220,505		309,283
^*	Sampo Oyj Class A		8,541,799		283,140
	Neste Oyj		7,264,213		256,541
	UPM-Kymmene Oyj		9,340,473		256,165
	Elisa Oyj		2,509,660		152,509
	Fortum Oyj		7,528,560		124,750
^*	Stora Enso Oyj		10,060,967		118,363
^*	Orion Oyj Class B		1,803,245		91,638
	Kesko Oyj Class B		4,710,572		76,755
	Wartsila Oyj Abp		8,583,942		63,008
^*	Huhtamaki Oyj		1,626,451		60,706
^*	Valmet Oyj		2,346,831		53,670
	Metso Oyj		1,894,026		52,548
^*	Nordea Bank Abp (XHEL)		8,000,487		51,189
^*	Kojamo Oyj		2,786,824		50,110
	Nokian Renkaat Oyj		2,339,231		49,698
^*	TietoEVRY Oyj (XHEL)		1,389,359		33,854
^*	Konecranes Oyj Class A		1,295,541		28,119
^*	Metsa Board Oyj		3,197,338		22,271
^*	Kemira Oyj		1,708,910		20,558
	Cargotec Oyj Class B		911,215		19,882
^*	Outokumpu Oyj		5,422,568		14,423
	YIT Oyj		2,560,749		14,037
^{^}	Outotec Oyj		2,609,474		10,876
	Sanoma Oyj		1,178,556		10,641
	Uponor Oyj		841,968		9,441
^{^}	Citycon Oyj		1,275,882		8,428
	Ahlstrom-Munksjo Oyj		587,387		8,165
^*	TietoEVRY Oyj (XOSL)		322,882		7,895
	Raisio Oyj		1,880,968		6,981
^*	F-Secure Oyj		1,450,728		4,368
	Oriola Oyj		1,803,660		4,146
^*	Finnair Oyj		853,761		3,402
^*	Caverion Oyj		72,084		411
					3,044,116
France (6.0%)
^{^}	Sanofi		18,912,679		1,847,280
	LVMH Moet Hennessy Louis Vuitton SE		4,341,287		1,678,318
^{^}	Total SA		41,646,978		1,478,158
^{*,^}	Schneider Electric SE		9,143,083		844,938
	Danone SA		10,431,380		727,040
	Vinci SA		8,107,631		664,196
	Kering SA		1,294,265		658,401
	EssilorLuxottica SA		5,122,997		636,404
^*	Airbus SE		9,606,788		608,290
	Axa SA		33,394,666		593,643
	BNP Paribas SA		18,845,985		592,074
	Pernod Ricard SA		3,682,902		562,366
	Safran SA		5,582,977		519,058
^*	L'Oreal SA Loyalty Shares		1,731,904		503,538
^*	L'Oreal SA		1,475,177		428,896
	Orange SA		33,337,542		405,021
	Hermes International		537,702		393,100
	Air Liquide SA Loyalty Shares		3,023,885		384,199
^{^}	Air Liquide SA		2,849,170		362,001
	Dassault Systemes SE		2,294,027		336,009
	Legrand SA		4,657,506		312,253

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^{*,^}	Vivendi SA		14,059,029		303,861
	Cie Generale des Etablissements Michelin SCA		3,077,205		297,324
^{^}	STMicroelectronics NV (XPAR)		10,953,458		282,069
	Capgemini SE		2,740,924		257,677
	Air Liquide SA Loyalty Shares 2021		1,862,243		236,607
	L'Oreal SA Loyalty Shares 2021		807,587		234,800
	Cie de Saint-Gobain		8,504,368		226,285
	Teleperformance		1,008,508		225,916
	Societe Generale SA		13,396,122		210,173
	Veolia Environnement SA		8,713,613		185,762
	Edenred		4,245,704		171,031
^*,1	Worldline SA		2,461,877		166,742
	Credit Agricole SA		20,002,348		160,889
	Carrefour SA		9,971,546		148,090
	Ingenico Group SA		1,078,278		135,667
	Peugeot SA		9,497,565		134,635
	Thales SA		1,755,243		132,927
	Alstom SA		3,211,910		131,750
	Gecina SA		915,064		120,067
	Atos SE		1,659,088		118,649
^*	Ubisoft Entertainment SA		1,594,417		118,596
	Engie		10,662,671		115,686
^*	Bouygues SA		3,699,787		113,836
	Publicis Groupe SA		3,761,330		111,031
	Eurofins Scientific SE		197,995		109,526
	Engie SA		10,025,979		108,778
	Eiffage SA		1,298,405		106,108
	Arkema SA		1,260,903		104,949
	Getlink SE		7,895,413		100,707
^*	Sartorius Stedim Biotech		419,131		100,497
	Bureau Veritas SA		4,823,183		100,129
	Orpea		858,067		95,446
	Valeo SA		4,162,444		95,416
	Accor SA		3,288,084		91,470
¹	Euronext NV		1,076,982		90,417
	BioMerieux		724,128		89,469
^*	SCOR SE		2,743,857		77,308
^{^}	Suez		6,472,571		73,213
	Engie Loyalty Shares 2021		6,576,726		71,355
	Rubis SCA		1,588,221		71,157
	TechnipFMC plc		8,074,913		70,699
	Klepierre SA		3,340,423		67,814
¹	Amundi SA		994,418		66,004
	Renault SA		3,194,069		62,938
^*	L'oreal Loyalty Shares 2022		178,621		51,933
^{^}	Covivio		812,119		51,002
	Rexel SA		5,306,901		49,566
	Aeroports de Paris		493,389		48,163
^{^}	Remy Cointreau SA		428,290		47,774
	Faurecia SE		1,292,620		46,317
	Bollore SA		17,203,750		45,594
	Ipsen SA		611,690		45,548
	Icade		573,433		44,048
	Iliad SA		295,431		43,996
	Air Liquide SA PF 2022		344,294		43,744
	Sodexo SA		546,229		43,669
	Wendel SE		488,525		41,909
^{^}	SES SA Class A		6,203,375		41,327
	Eutelsat Communications SA		3,261,034		36,512
	Elis SA (XPAR)		2,949,214		36,352
^{^}	Casino Guichard Perrachon SA		963,176		36,155
	Alten SA		499,450		35,959
	Eurazeo SE		745,543		35,707
	Natixis SA		14,667,390		34,627

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Dassault Aviation SA		41,665		33,932
^*	Soitec		364,391		33,506
	Lagardere SCA		2,058,859		33,438
	Spie SA		2,180,096		32,864
	Electricite de France SA Loyalty Shares 2021		4,014,466		31,959
	Sodexo SA ACT Loyalty Shares		391,943		31,334
	Korian SA		904,990		30,396
	Sopra Steria Group		254,619		30,147
	Electricite de France SA Loyalty Shares		3,669,591		29,213
^*	CNP Assurances		2,784,909		28,731
	Gaztransport Et Technigaz SA		391,773		28,403
	Sodexo SA - French Loyalty Shares		337,433		26,976
	JCDecaux SA		1,295,978		26,826
	Nexity SA		774,294		23,751
	Societe BIC SA		449,595		22,490
	SEB SA Loyalty Shares		176,850		21,209
	Imerys SA		653,061		20,488
	SEB SA (XPAR)		167,422		20,079
	Nexans SA		538,495		19,180
	Cie Plastic Omnium SA		1,003,953		19,011
^{*,^}	Air France-KLM		3,300,034		16,826
	Engie SA		1,468,757		15,935
^*	Cgg SA		12,174,164		15,388
^{*,^}	Genfit		686,654		14,897
^{*,^,1}	Neoen SA		388,283		14,689
^*	Virbac SA		69,478		13,701
	Sodexo SA Loyalty Shares 2022		168,646		13,483
^*	SEB SA Loyalty Shares 2021		111,362		13,355
^{^,1}	Ald SA		1,306,920		12,732
^{^,1}	Elior Group SA		1,831,947		12,100
	Ipsos		605,325		11,656
	Metropole Television SA		1,019,520		11,348
^{^}	Elis SA (XLON)		871,981		10,514
^{*,^}	DBV Technologies SA		759,523		9,717
	Trigano SA		132,037		9,717
^{*,^}	Television Francaise 1		1,979,828		9,693
	Electricite de France SA		1,215,322		9,675
^*	Fnac Darty SA		285,573		9,229
	Rothschild & Co.		445,122		8,803
	Coface SA		1,450,639		8,532
^{^}	Mercialys SA		1,013,433		7,887
	Quadient		535,624		7,397
^{^}	Interparfums SA		203,809		7,059
^{^,1}	Maisons du Monde SA		761,734		6,853
	Carmila SA		525,488		6,751
^*	Vicat SA		237,984		6,679
^{*,^}	Vallourec SA		5,457,133		6,504
^*	Robertet SA		7,357		6,417
^{^}	Akka Technologies		186,520		5,937
	Albioma ACT Loyalty Shares (XPAR)		170,241		5,638
	FFP		78,938		5,354
	Tarkett SA		539,857		5,339
	Sodexo SA – Loyalty Shares 2023		66,772		5,338
^{^}	Eramet		164,669		5,186
	Bonduelle SCA		232,115		5,078
	Mersen SA		223,715		4,937
^{^}	Pharmagest Inter@ctive		68,355		4,711
^*	LISI		275,787		4,461
	Albioma SA		127,567		4,225
^{^}	Derichebourg SA		1,454,170		4,080
^{^}	Beneteau SA		630,727		3,994
^{^}	Rallye SA		428,271		3,659
	Vilmorin & Cie SA		88,580		3,542
^*,1	La Francaise des Jeux SAEM		120,686		3,453

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^{^,1}	Europcar Mobility Group		1,824,002		3,400
	Manitou BF SA		216,447		3,316
	Albioma SA Loyalty Shares 2021		96,242		3,188
^*,1	X-Fab Silicon Foundries SE		840,847		2,925
	Guerbet		79,179		2,497
	GL Events		198,857		2,382
	SEB SA NPV		17,789		2,133
^{*,^,1}	Smcp SA		421,058		1,988
	Boiron SA		53,076		1,954
	Jacquet Metal Service SA		188,377		1,920
	Akwel		117,941		1,475
	Etablissements Maurel et Prom SA		723,034		1,348
^{*,§,^}	Bourbon Corp.		250,625		1,009
	Union Financiere de France BQE SA		43,563		738
^*	Esso SA Francaise		32,716		611
	Albioma SA Loyalty Shares 2022		17,175		569
^*	Technicolor SA		3,154		1
					22,436,411
Germany (5.4%)
	SAP SE		16,889,821		2,011,709
	Allianz SE		7,230,751		1,330,691
	Siemens AG		13,206,877		1,218,777
	Bayer AG		17,162,733		1,128,787
^*	Deutsche Telekom AG		56,276,350		822,743
	BASF SE		15,937,827		815,646
	adidas AG		3,368,582		771,181
	Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen		2,510,534		549,871
	Deutsche Post AG		17,002,404		505,096
	Deutsche Boerse AG		3,206,043		497,062
^{^}	Daimler AG		14,071,582		481,292
	Vonovia SE		9,494,864		469,512
	Volkswagen AG Preference Shares		3,163,128		440,092
	Infineon Technologies AG		21,694,987		403,332
	E.On SE		37,712,216		377,775
	Bayerische Motoren Werke AG		5,658,371		332,856
	Fresenius SE & Co. KGaA		7,105,329		307,754
	Rwe AG		9,972,486		286,887
	Fresenius Medical Care AG & Co. KGaA		3,649,136		285,986
^*	Henkel AG & Co. KGaA Preference Shares		3,107,509		275,906
	Deutsche Bank AG		35,677,921		264,240
^*	Merck KGaA		2,269,377		263,382
	Deutsche Wohnen SE		6,266,089		253,954
	Symrise AG Class A		2,209,558		223,850
^*,1	Delivery Hero SE		2,470,181		209,510
^{^}	Wirecard AG		1,990,705		196,996
^{*,^}	Beiersdorf AG		1,733,567		181,381
^*	Sartorius AG Preference Shares		598,972		168,277
	Hannover Rueck SE		1,050,026		167,306
^*	Qiagen NV		3,825,668		159,167
^*	Continental AG		1,885,047		157,518
	LEG Immobilien AG		1,219,666		140,024
	Porsche Automobil Holding SE Preference Shares		2,694,201		136,041
^*	Henkel AG & Co. KGaA		1,687,989		131,585
^*,1	Zalando SE		2,619,310		128,383
^*	MTU Aero Engines AG		924,154		125,848
¹	Scout24 AG		1,907,119		124,698
	Brenntag AG		2,724,292		123,351
	HeidelbergCement AG		2,598,503		123,199
	Aroundtown SA		21,155,841		113,795
^*,1	Covestro AG		2,985,047		100,272
¹	Siemens Healthineers AG		2,269,953		99,933
	Uniper SE		3,381,493		90,971
^*	Puma SE		1,434,408		90,103
^*	HelloFresh SE		2,458,345		87,624

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^{^}	Volkswagen AG		575,286		85,053
	Evonik Industries AG		3,392,734		83,463
	Knorr-Bremse AG		837,794		77,918
^*	TeamViewer AG		1,698,130		73,567
	Lanxess AG		1,475,211		72,589
	Bechtle AG		487,009		70,430
^*	GEA Group AG		2,922,615		67,068
	Commerzbank AG		18,189,176		67,063
	United Internet AG		1,920,109		66,068
^*	Carl Zeiss Meditec AG		647,902		63,888
^{^,1}	Hapag-Lloyd AG		440,415		63,094
	KION Group AG		1,240,117		61,513
^{^}	Nemetschek SE		954,951		60,081
^*	MorphoSys AG		556,477		58,381
^{*,^}	Evotec SE		2,330,023		57,495
^{*,^}	thyssenkrupp AG		8,161,459		54,292
^*	OSRAM Licht AG		1,299,927		54,164
^{^}	Fuchs Petrolub SE Preference Shares		1,394,440		54,070
	Rheinmetall AG		754,435		51,060
	TAG Immobilien AG		2,256,648		49,429
	alstria office REIT-AG		3,046,534		45,667
^{^}	Gerresheimer AG		556,469		44,256
^{^}	Freenet AG		2,303,818		43,705
	Bayerische Motoren Werke AG Preference Shares		920,610		43,183
^{^}	CTS Eventim AG & Co. KGaA		1,037,993		43,151
	Grand City Properties SA		2,042,523		42,713
^*	Dialog Semiconductor plc		1,242,943		39,035
^{^}	Deutsche Lufthansa AG		4,098,456		36,692
	Telefonica Deutschland Holding AG		11,929,573		33,937
	Aurubis AG		652,640		33,833
	Cancom SE		658,437		33,522
^{^}	ProSiebenSat.1 Media SE		3,337,047		33,349
^{^}	Grenke AG		467,572		32,635
	Software AG		882,439		31,335
	Siltronic AG		363,684		31,135
	CompuGroup Medical SE		402,289		30,573
	Hella GmbH & Co. KGaA		820,131		30,172
	Fielmann AG		455,448		29,948
^{^}	Hugo Boss AG		1,074,092		29,822
^{^}	Rational AG		58,672		28,314
	Hochtief AG		357,695		27,990
^{^}	Stroeer SE & Co. KGaA		441,611		27,950
^{^}	Fraport AG Frankfurt Airport Services Worldwide		621,542		27,226
	Metro AG		2,968,386		25,936
^*	Hypoport SE		72,837		25,678
	Talanx AG		690,706		24,529
^*,1	Rocket Internet SE		1,153,001		24,254
	RIB Software SE		719,347		22,807
	RTL Group SA		684,457		22,793
^{^}	K&S AG		3,371,670		22,679
^{*,^}	Encavis AG		1,790,544		21,964
¹	ADO Properties SA		771,766		21,622
^{*,^}	Varta AG		250,728		20,778
	Duerr AG		886,736		20,692
^{^}	Sixt SE		298,454		20,316
¹	DWS Group GmbH & Co. KGaA		631,805		19,948
^{^}	S&T AG		904,105		19,912
^{^}	1&1 Drillisch AG		819,416		19,066
	Jenoptik AG		908,848		18,718
^{^}	Suedzucker AG		1,402,386		18,555
^*	Aixtron SE		1,893,689		17,600
	Aareal Bank AG		1,078,111		17,561
^{^}	Pfeiffer Vacuum Technology AG		106,565		17,559
¹	Deutsche Pfandbriefbank AG		2,356,418		17,320

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
¹	Befesa SA		546,353		17,260
	Stabilus SA		396,684		16,944
^{^}	Krones AG		274,132		16,518
^{^}	Wacker Chemie AG		270,783		15,789
	Patrizia AG		700,081		15,632
^{^}	Isra Vision AG		279,316		15,304
	Jungheinrich AG Preference Shares		833,788		15,057
^{*,^}	Zooplus AG		109,504		13,551
^{^}	Deutsche EuroShop AG		921,070		13,265
	Norma Group SE		512,362		12,832
	Fuchs Petrolub SE		383,708		12,828
^{*,^}	Traton SE		822,599		12,394
^*	DIC Asset AG		831,714		11,023
	New Work SE		44,937		10,680
^{*,^}	Nordex SE		1,267,164		10,189
^{^}	Bilfinger SE		511,169		9,613
^{^}	Salzgitter AG		708,855		9,471
^*	Schaeffler AG Preference Shares		1,390,007		9,386
	Sixt SE Preference Shares		199,025		9,244
	Indus Holding AG		298,343		9,183
	KWS Saat SE & Co. KGaA		154,521		8,884
	Dermapharm Holding SE		181,910		8,626
^{^}	Draegerwerk AG & Co. KGaA Preference Shares		95,475		7,990
	Deutz AG		2,060,905		7,922
^*	Ceconomy AG		3,050,300		7,808
	Hornbach Holding AG & Co. KGaA		128,912		7,359
^{^}	Rhoen-Klinikum AG		364,538		7,257
^*	Washtec AG		165,730		6,539
	Hamburger Hafen und Logistik AG		368,257		5,992
	Deutsche Beteiligungs AG		176,344		5,973
^{^}	BayWa AG		200,747		5,890
^{^}	Vossloh AG		152,828		5,772
^{^}	Wacker Neuson SE		450,004		5,587
	Wuestenrot & Wuerttembergische AG		312,080		5,500
	TUI AG (XETR)		1,278,422		5,193
^{*,^}	SMA Solar Technology AG		157,804		5,022
	Kloeckner & Co. SE		1,195,755		4,901
^{^}	TLG Immobilien AG		259,243		4,573
^{^}	Koenig & Bauer AG		217,928		4,481
^*	Corestate Capital Holding SA		198,344		4,084
	Takkt AG		482,368		3,919
^{*,^}	Leoni AG		558,429		3,833
^{^}	Draegerwerk AG & Co. KGaA		47,672		3,333
^{*,^}	Heidelberger Druckmaschinen AG		4,428,004		3,147
^{^}	Bertrandt AG		70,337		2,707
^{*,^}	ElringKlinger AG		488,803		2,655
^{*,^}	SGL Carbon SE		778,201		2,410
	CropEnergies AG		279,350		2,205
^*	Eckert & Ziegler Strahlen- und Medizintechnik AG		6,609		951
					20,112,155
Greece (0.1%)
	Hellenic Telecommunications Organization SA		3,446,076		45,528
	Opap SA		3,546,760		31,770
	Jumbo SA		1,848,071		28,922
^*	Eurobank Ergasias Services and Holdings SA		47,110,524		19,029
^*	Alpha Bank AE		24,934,520		18,208
	Mytilineos SA		2,035,339		15,177
^*	National Bank of Greece SA		10,109,753		13,710
	Motor Oil Hellas Corinth Refineries SA		901,320		13,355
	Hellenic Telecommunications Organization SA ADR		1,489,798		10,024
^*	GEK Terna Holding Real Estate Construction SA		1,189,379		7,593
^*	Piraeus Bank SA		5,019,717		6,700
^*	LAMDA Development SA		1,008,273		6,627
	Terna Energy SA		633,718		5,918

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Hellenic Petroleum SA		835,866		5,552
^*	Public Power Corp. SA		1,841,187		5,350
	Holding Co. ADMIE IPTO SA		1,963,714		4,405
	Sarantis SA		509,349		4,362
	Fourlis Holdings SA		918,523		3,598
	Hellenic Exchanges SA		924,574		3,446
	Aegean Airlines SA		403,659		2,607
^*,§	FF Group		455,279		2,395
^*	Viohalco SA		887,034		2,280
^*	Ellaktor SA		2,016,523		1,971
	Piraeus Port Authority SA		14,316		268
^*,§	Cyprus Popular Bank PCL		12,597,118		—
					258,795
Hong Kong (2.5%)
	AIA Group Ltd.		211,013,818		1,936,636
	Hong Kong Exchanges & Clearing Ltd.		21,924,852		702,958
	CK Hutchison Holdings Ltd.		46,847,186		347,240
	Sun Hung Kai Properties Ltd.		24,747,555		338,394
	Link REIT		36,227,147		322,938
	Hong Kong & China Gas Co. Ltd.		171,572,947		307,493
	CLP Holdings Ltd.		28,629,111		306,450
	CK Asset Holdings Ltd.		47,079,399		297,483
	Galaxy Entertainment Group Ltd.		37,285,991		239,805
	Hang Seng Bank Ltd.		12,641,809		221,106
	BOC Hong Kong Holdings Ltd.		62,756,706		192,609
	Sands China Ltd.		41,828,411		169,342
	China Mengniu Dairy Co. Ltd.		46,893,277		166,054
	Techtronic Industries Co. Ltd.		21,858,589		165,743
	Jardine Matheson Holdings Ltd.		3,663,633		160,471
	Power Assets Holdings Ltd.		23,903,289		160,159
¹	WH Group Ltd.		147,412,309		140,595
	MTR Corp. Ltd.		24,465,149		135,545
	New World Development Co. Ltd.		100,691,101		118,961
^{*,^}	Semiconductor Manufacturing International Corp.		53,000,533		99,479
	Henderson Land Development Co. Ltd.		22,576,373		92,012
	Wheelock & Co. Ltd.		11,869,709		86,993
	Hongkong Land Holdings Ltd.		20,381,480		85,259
	Sino Land Co. Ltd.		58,082,300		81,172
^{^}	Wharf Real Estate Investment Co. Ltd.		18,106,302		76,653
	Hang Lung Properties Ltd.		35,772,401		76,525
	Swire Pacific Ltd. Class A		11,177,900		72,692
	Lenovo Group Ltd.		131,022,253		70,778
	Want Want China Holdings Ltd.		96,805,112		68,997
	Jardine Strategic Holdings Ltd.		3,170,669		68,160
	CK Infrastructure Holdings Ltd.		10,861,166		64,515
	Sun Art Retail Group Ltd.		38,473,554		64,054
	Tingyi Cayman Islands Holding Corp.		32,893,728		58,390
^{^}	AAC Technologies Holdings Inc.		11,942,581		56,484
^*,1	Budweiser Brewing Co. APAC Ltd.		20,531,407		55,793
	ASM Pacific Technology Ltd.		5,354,702		54,108
	Swire Properties Ltd.		18,603,103		52,177
^{^}	Vitasoy International Holdings Ltd.		14,095,788		50,273
	Bank of East Asia Ltd.		22,325,524		47,295
	PCCW Ltd.		75,643,935		46,338
	Wynn Macau Ltd.		25,075,690		43,303
	Xinyi Solar Holdings Ltd.		67,548,122		42,869
	Xinyi Glass Holdings Ltd.		35,459,594		41,068
	Hysan Development Co. Ltd.		11,266,307		37,586
	Hang Lung Group Ltd.		14,884,177		33,996
	SJM Holdings Ltd.		32,975,071		32,558
^{^}	Wharf Holdings Ltd.		16,767,908		31,763
	NagaCorp Ltd.		26,301,668		31,042
	Kerry Properties Ltd.		10,919,063		30,158
	Fortune REIT		31,506,460		29,670

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Minth Group Ltd.		12,187,916		29,307
	Prada SpA		8,993,386		29,199
	Melco International Development Ltd.		13,968,673		26,112
	NWS Holdings Ltd.		24,390,356		25,419
	Dairy Farm International Holdings Ltd.		5,282,370		25,314
¹	BOC Aviation Ltd.		3,651,590		24,969
	United Energy Group Ltd.		120,854,630		22,010
	HKBN Ltd.		12,694,272		21,861
	VTech Holdings Ltd.		2,855,232		21,528
	Champion REIT		34,593,607		20,508
^{^}	Yue Yuen Industrial Holdings Ltd.		12,670,952		20,212
	SITC International Holdings Co. Ltd.		20,285,555		20,039
¹	Samsonite International SA		22,701,932		19,311
	Uni-President China Holdings Ltd.		18,655,304		18,729
	Chow Tai Fook Jewellery Group Ltd.		19,110,053		16,168
^{^}	MGM China Holdings Ltd.		13,064,205		16,133
	Microport Scientific Corp.		7,467,152		16,039
	Gemdale Properties & Investment Corp. Ltd.		97,980,627		15,613
	Man Wah Holdings Ltd.		26,669,614		15,316
	Li & Fung Ltd.		100,396,879		15,074
	Shangri-La Asia Ltd.		18,131,389		14,972
^{^}	Cathay Pacific Airways Ltd.		11,384,518		13,540
	Kerry Logistics Network Ltd.		9,701,813		13,268
	Luk Fook Holdings International Ltd.		5,460,476		11,692
^{^}	Haitong International Securities Group Ltd.		49,093,915		11,495
^{*,^}	COFCO Meat Holdings Ltd.		31,864,280		11,341
	Shougang Fushan Resources Group Ltd.		56,485,182		11,266
	L'Occitane International SA		7,282,128		11,217
	Cafe de Coral Holdings Ltd.		5,371,002		11,080
	Shun Tak Holdings Ltd.		30,129,962		10,538
^{^}	IGG Inc.		16,010,862		10,180
	Shui On Land Ltd.		53,046,422		9,398
	Johnson Electric Holdings Ltd.		5,541,799		9,305
^{*,^,1}	Razer Inc.		66,263,810		8,908
	CITIC Telecom International Holdings Ltd.		23,292,811		8,619
	K Wah International Holdings Ltd.		18,744,761		8,589
^{^}	Towngas China Co. Ltd.		16,749,098		8,419
^*	Pacific Basin Shipping Ltd.		67,098,839		8,220
	Sunlight REIT		15,909,974		8,196
^{^}	United Laboratories International Holdings Ltd.		9,486,572		8,194
	Asia Cement China Holdings Corp.		6,964,906		8,063
	Dah Sing Financial Holdings Ltd.		2,380,441		7,852
	First Pacific Co. Ltd.		36,706,379		7,585
	Lifestyle International Holdings Ltd.		7,796,138		7,421
^{*,^}	MMG Ltd.		42,841,852		7,414
	Pou Sheng International Holdings Ltd.		34,671,524		7,083
^{^}	Nexteer Automotive Group Ltd.		13,625,497		7,003
	Stella International Holdings Ltd.		6,806,000		6,849
	SUNeVision Holdings Ltd.		9,209,430		6,547
	Guotai Junan International Holdings Ltd.		48,283,636		6,331
^{*,§,^}	Superb Summit International Group Ltd.		32,112,957		6,048
^*	Value Partners Group Ltd.		15,000,568		5,954
	Prosperity REIT		18,366,105		5,892
	Television Broadcasts Ltd.		4,139,223		5,713
	Road King Infrastructure Ltd.		3,661,490		5,659
^{^}	China Harmony New Energy Auto Holding Ltd.		10,849,872		5,605
^{*,^,1}	Frontage Holdings Corp.		12,302,000		5,566
^{*,^}	FIH Mobile Ltd.		49,689,566		5,553
	Far East Consortium International Ltd.		15,578,174		5,526
	China Travel International Investment Hong Kong Ltd.		39,338,718		5,508
^{^}	Beijing Tong Ren Tang Chinese Medicine Co. Ltd.		3,787,932		5,286
^{*,^}	Suncity Group Holdings Ltd.		34,158,708		5,276
	Huabao International Holdings Ltd.		13,185,878		5,238
	Dah Sing Banking Group Ltd.		4,869,124		4,780

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^{*,^}	Hong Kong Television Network Ltd.		7,471,849		4,616
^{§,^}	Town Health International Medical Group Ltd.		51,896,341		4,602
^{^,1}	Xiabuxiabu Catering Management China Holdings Co. Ltd.		4,980,677		4,552
	VSTECS Holdings Ltd.		9,726,295		4,475
^{^}	Canvest Environmental Protection Group Co. Ltd.		10,047,479		4,416
¹	CGN New Energy Holdings Co. Ltd.		20,715,020		4,290
	Chow Sang Sang Holdings International Ltd.		3,928,179		3,956
	Pacific Textiles Holdings Ltd.		7,684,428		3,888
	Dynam Japan Holdings Co. Ltd.		3,858,180		3,852
¹	FIT Hon Teng Ltd.		17,413,159		3,765
	Hutchison Telecommunications Hong Kong Holdings Ltd.		21,630,218		3,738
	Giordano International Ltd.		18,498,309		3,729
	SmarTone Telecommunications Holdings Ltd.		5,722,643		3,614
	Ju Teng International Holdings Ltd.		13,764,531		3,511
^{^}	NOVA Group Holdings Ltd.		18,262,192		3,439
	Chinese Estates Holdings Ltd.		6,981,392		3,336
^{*,^}	We Solutions Ltd.		62,753,707		3,221
^*,§	Convoy Global Holdings Ltd.		147,589,460		3,179
^{^}	SA Sa International Holdings Ltd.		16,697,114		3,131
	Sun Hung Kai & Co. Ltd.		7,580,244		3,116
^*	Esprit Holdings Ltd.		28,673,182		2,750
	Swire Pacific Ltd. Class B		2,513,347		2,748
	Inspur International Ltd.		8,891,635		2,707
^{*,^}	Truly International Holdings Ltd.		23,765,678		2,634
^{^,1}	IMAX China Holding Inc.		1,693,428		2,566
¹	Crystal International Group Ltd.		9,176,771		2,537
^{*,^}	Xinyi Energy Holdings Ltd.		8,842,000		2,515
^*	Macau Legend Development Ltd.		20,423,139		2,477
¹	Regina Miracle International Holdings Ltd.		5,080,009		2,410
^{^}	Anton Oilfield Services Group		36,896,155		2,302
^*,1	Impro Precision Industries Ltd.		6,190,000		2,025
^{*,§,^}	National Agricultural Holdings Ltd.		13,075,708		2,007
^{*,^}	Glory Sun Land Group Ltd.		19,750,000		1,773
^{*,^}	NewOcean Energy Holdings Ltd.		12,583,172		1,749
^*	New World Department Store China Ltd.		9,070,326		1,740
^*	Digital Domain Holdings Ltd.		293,458,250		1,721
^*	G-Resources Group Ltd.		301,615,472		1,715
	Lee's Pharmaceutical Holdings Ltd.		3,437,768		1,685
^{*,^}	Goodbaby International Holdings Ltd.		15,137,685		1,550
^{*,^}	HC Group Inc.		9,015,630		1,519
	Henderson Investment Ltd.		25,878,388		1,469
^*	Lifestyle China Group Ltd.		6,024,156		1,393
	Texwinca Holdings Ltd.		8,077,457		1,367
^*	China Silver Group Ltd.		17,599,484		1,332
	Emperor Watch & Jewellery Ltd.		66,794,218		1,201
	Singamas Container Holdings Ltd.		20,606,477		1,128
^*	GCL New Energy Holdings Ltd.		79,253,129		1,116
^*	Honghua Group Ltd.		34,366,737		1,056
^*	Emperor Capital Group Ltd.		51,470,624		1,034
^{^}	Agritrade Resources Ltd.		42,522,625		913
^*,§	Camsing International Holding Ltd.		5,979,097		895
^{^}	BOE Varitronix Ltd.		3,239,989		870
^{*,^}	KuangChi Science Ltd.		26,899,605		827
	EVA Precision Industrial Holdings Ltd.		12,540,115		793
^*,§	Tech Pro Technology Development Ltd.		87,171,600		765
^*	Beijing Enterprises Medical		40,403,504		762
^*	Parkson Retail Group Ltd.		14,563,535		722
^{*,^}	China LNG Group Ltd.		22,552,263		718
^*,§	Brightoil Petroleum Holdings Ltd.		25,187,768		650
^{^}	Shenwan Hongyuan HK Ltd.		5,211,709		601
^*	China Financial International Investments Ltd.		47,368,292		513
^*,§	China Baoli Technologies Holdings Ltd.		26,288,361		336
^*	China Animal Healthcare Ltd.		4,917,000		314
^*	Beijing Sports and Entertainment Industry Group Ltd.		10,257,379		278

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Global Brands Group Holding Ltd.		198,601		6
^*,§	Legend Holdings Corp. Rights		453,983		—
^§	Qunxing Paper Holdings Co. Ltd.		1,573,000		—
^*,§	Sunshine Oilsands Ltd.		1		—
					9,129,807
Hungary (0.1%)
	OTP Bank Nyrt		4,010,981		118,789
	Richter Gedeon Nyrt		2,451,628		52,388
	MOL Hungarian Oil & Gas plc		7,713,495		48,833
	Magyar Telekom Telecommunications plc		5,481,984		6,815
^{*,^}	Opus Global Nyrt		3,625,744		2,985
					229,810
India (2.4%)
	Reliance Industries Ltd.		54,255,889		1,054,898
	Housing Development Finance Corp. Ltd.		30,107,860		761,572
	Infosys Ltd.		64,635,698		604,158
	Tata Consultancy Services Ltd.		15,699,021		415,590
	Hindustan Unilever Ltd.		13,119,175		379,873
^*	Bharti Airtel Ltd.		30,512,867		207,797
	Axis Bank Ltd.		34,353,041		200,706
	Maruti Suzuki India Ltd.		2,106,134		149,518
	HCL Technologies Ltd.		18,894,454		135,509
	ITC Ltd.		51,545,480		124,183
	Asian Paints Ltd.		5,056,036		117,973
	Sun Pharmaceutical Industries Ltd.		19,240,362		117,346
	Nestle India Ltd.		406,724		96,475
	Bajaj Finance Ltd.		3,110,526		95,107
	UltraTech Cement Ltd.		1,895,474		88,234
	Bharat Petroleum Corp. Ltd.		17,514,243		85,685
^*,1	HDFC Life Insurance Co. Ltd.		10,597,199		70,179
	Titan Co. Ltd.		5,437,884		69,542
	Larsen & Toubro Ltd.		5,841,264		69,267
	Power Grid Corp. of India Ltd.		32,165,167		68,941
^*,1	Avenue Supermarts Ltd.		2,138,350		67,022
^*	State Bank of India		26,319,263		65,865
	Dr Reddy's Laboratories Ltd.		1,235,948		64,019
^*,1	SBI Life Insurance Co. Ltd.		6,600,511		63,446
	Dabur India Ltd.		9,200,853		59,523
	Tech Mahindra Ltd.		8,086,556		58,159
	Oil & Natural Gas Corp. Ltd.		52,911,354		55,991
	ICICI Bank Ltd.		11,109,573		55,735
¹	ICICI Lombard General Insurance Co. Ltd.		3,222,561		55,087
	Bajaj Auto Ltd.		1,544,907		53,724
	UPL Ltd.		9,407,328		52,057
	NTPC Ltd.		41,094,222		51,483
	Coal India Ltd.		25,578,730		50,017
	Mahindra & Mahindra Ltd.		10,302,910		49,707
	Hero MotoCorp Ltd.		1,742,469		49,701
	JSW Steel Ltd.		20,653,535		48,780
	Godrej Consumer Products Ltd.		6,464,383		46,391
	Eicher Motors Ltd.		236,525		45,930
	Adani Ports & Special Economic Zone Ltd.		11,940,827		45,847
	Bajaj Finserv Ltd.		664,468		44,732
	Cipla Ltd.		5,737,813		44,655
	Pidilite Industries Ltd.		2,173,546		43,818
	Lupin Ltd.		3,960,713		43,678
	Divi's Laboratories Ltd.		1,409,942		43,476
	Wipro Ltd.		16,826,871		42,721
	Britannia Industries Ltd.		1,019,603		42,668
	Indian Oil Corp. Ltd.		37,437,901		41,737
	Shree Cement Ltd.		153,611		40,107
	Aurobindo Pharma Ltd.		4,635,039		37,910
¹	Bandhan Bank Ltd.		11,025,348		37,835
	Grasim Industries Ltd.		5,684,957		37,734

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	United Spirits Ltd.		5,256,258		37,411
	Info Edge India Ltd.		1,095,079		36,777
	Bharti Infratel Ltd.		15,165,395		35,087
	Zee Entertainment Enterprises Ltd.		15,620,078		32,737
	Vedanta Ltd.		27,903,994		32,526
	Havells India Ltd.		4,275,869		31,868
	Ambuja Cements Ltd.		13,964,939		31,625
	Hindustan Petroleum Corp. Ltd.		10,821,517		31,582
	Petronet LNG Ltd.		9,595,513		30,913
	Marico Ltd.		7,967,387		30,264
	Shriram Transport Finance Co. Ltd.		2,923,042		29,984
¹	ICICI Prudential Life Insurance Co. Ltd.		5,492,823		29,952
	Apollo Hospitals Enterprise Ltd.		1,614,762		29,716
	Mindtree Ltd.		2,382,739		28,846
	Berger Paints India Ltd.		4,177,529		28,092
	Jubilant Foodworks Ltd.		1,269,427		27,233
	Hindalco Industries Ltd.		16,035,237		27,198
¹	HDFC Asset Management Co. Ltd.		769,357		25,754
	GAIL India Ltd.		19,347,688		24,481
	Alkem Laboratories Ltd.		710,932		24,451
	Siemens Ltd.		1,609,451		24,280
	Biocon Ltd.		5,041,764		23,528
	Piramal Enterprises Ltd.		1,827,550		23,488
	Torrent Pharmaceuticals Ltd.		731,366		22,718
	Colgate-Palmolive India Ltd.		1,176,332		22,706
	Wipro Ltd. ADR		6,858,107		22,563
	Crompton Greaves Consumer Electricals Ltd.		7,598,977		22,330
¹	InterGlobe Aviation Ltd.		1,690,389		22,171
	Page Industries Ltd.		88,779		21,391
	PI Industries Ltd.		976,661		20,480
	Tata Consumer Products Ltd.		4,372,505		20,373
	DLF Ltd.		10,556,339		20,236
	Muthoot Finance Ltd.		1,752,060		20,085
	Motherson Sumi Systems Ltd.		16,731,352		19,279
^*	Tata Motors Ltd.		15,831,730		19,170
	Cadila Healthcare Ltd.		4,428,732		19,008
¹	AU Small Finance Bank Ltd.		2,644,768		18,966
	Rajesh Exports Ltd.		2,243,205		18,448
	Tata Steel Ltd.		4,675,126		18,155
	Container Corp. Of India Ltd.		3,664,160		18,128
	Ipca Laboratories Ltd.		817,136		17,422
	LIC Housing Finance Ltd.		4,497,446		16,824
	Federal Bank Ltd.		26,074,907		16,814
	Bosch Ltd.		118,097		16,495
	MRF Ltd.		19,547		15,729
	United Breweries Ltd.		1,253,783		15,624
	Indraprastha Gas Ltd.		2,422,669		15,346
	REC Ltd.		12,092,696		15,258
	Power Finance Corp. Ltd.		11,717,853		14,794
^*	Fortis Healthcare Ltd.		8,707,209		14,561
	NMDC Ltd.		13,646,250		14,469
^*	Max Financial Services Ltd.		2,313,466		14,376
	Ashok Leyland Ltd.		20,650,948		14,193
	Castrol India Ltd.		8,194,038		14,058
	Bharat Forge Ltd.		3,371,967		13,745
	Whirlpool of India Ltd.		501,390		13,642
	Mphasis Ltd.		1,397,052		13,576
	Pfizer Ltd.		208,036		13,502
	SRF Ltd.		270,938		13,311
	ACC Ltd.		855,014		13,301
^*	IDFC Bank		44,587,749		12,833
	Voltas Ltd.		1,908,508		12,790
	Bajaj Holdings & Investment Ltd.		455,807		12,280
	AIA Engineering Ltd.		570,917		12,150

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Embassy Office Parks REIT		2,459,400		12,071
¹	Dr Lal PathLabs Ltd.		562,813		11,704
^*	State Bank of India GDR		460,529		11,536
	NHPC Ltd.		41,326,454		11,365
	Mahindra & Mahindra Financial Services Ltd.		5,198,175		11,319
¹	RBL Bank Ltd.		6,488,933		11,209
	Glenmark Pharmaceuticals Ltd.		2,535,278		11,206
	Natco Pharma Ltd.		1,373,903		11,071
	Aarti Industries Ltd.		755,750		10,981
	Kansai Nerolac Paints Ltd.		1,991,020		10,929
	Gujarat Gas Ltd.		3,185,950		10,920
^*	Bank of Baroda		16,791,393		10,892
	Balkrishna Industries Ltd.		887,329		10,845
	Bata India Ltd.		590,064		10,654
	Varun Beverages Ltd.		1,197,296		10,629
^*	Oracle Financial Services Software Ltd.		337,083		10,495
	Torrent Power Ltd.		2,351,161		10,321
	Dr Reddy's Laboratories Ltd. ADR		199,858		10,231
	Bharat Electronics Ltd.		10,603,474		10,153
¹	Larsen & Toubro Infotech Ltd.		475,148		9,961
	Mahanagar Gas Ltd.		758,058		9,770
^*	Adani Transmission Ltd.		3,584,962		9,759
^*	ABB India Ltd.		810,173		9,686
	Indiabulls Housing Finance Ltd.		5,539,502		9,646
	Escorts Ltd.		1,018,152		9,572
	TVS Motor Co. Ltd.		2,201,960		9,459
	CESC Ltd.		1,076,743		9,336
^*	Godrej Properties Ltd.		1,026,677		9,185
	Yes Bank Ltd.		24,451,507		9,084
	Indian Hotels Co. Ltd.		8,558,975		9,075
	City Union Bank Ltd.		4,730,029		9,030
^*	Sanofi India Ltd.		87,779		9,009
	Ramco Cements Ltd.		1,217,268		8,891
	Adani Enterprises Ltd.		4,752,225		8,767
^*	Hindustan Zinc Ltd.		3,821,137		8,747
^*	Jindal Steel & Power Ltd.		7,084,536		8,732
	NIIT Technologies Ltd.		546,666		8,686
¹	Nippon Life India Asset Management Ltd.		2,620,682		8,482
	Exide Industries Ltd.		4,038,659		8,411
	Coromandel International Ltd.		1,055,259		8,283
	Gillette India Ltd.		116,135		8,215
	Supreme Industries Ltd.		565,785		8,148
	Ajanta Pharma Ltd.		414,906		8,137
	Steel Authority of India Ltd.		19,428,372		8,084
	Sun TV Network Ltd.		1,582,375		8,028
	Manappuram Finance Ltd.		4,519,274		7,983
^*	Punjab National Bank		18,614,547		7,933
^*	Vodafone Idea Ltd.		140,782,904		7,798
	L&T Finance Holdings Ltd.		8,922,679		7,701
	Alembic Pharmaceuticals Ltd.		783,572		7,657
	Astral Poly Technik Ltd.		601,957		7,495
	Cholamandalam Investment and Finance Co. Ltd.		3,535,981		7,413
	Tata Power Co. Ltd.		17,337,239		7,236
^*	3M India Ltd.		27,944		7,155
	Oberoi Realty Ltd.		1,554,249		7,032
^*	Adani Power Ltd.		16,800,754		7,020
	Bayer CropScience Ltd.		122,260		6,969
^*	Canara Bank		5,823,035		6,741
	Oil India Ltd.		5,154,320		6,729
	Relaxo Footwears Ltd.		785,925		6,630
	Apollo Tyres Ltd.		5,038,655		6,403
	Cummins India Ltd.		1,270,924		6,353
	Sundaram Finance Ltd.		377,858		6,346
	Jubilant Life Sciences Ltd.		1,194,487		6,342

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Tata Communications Ltd.		1,109,497		6,323
¹	L&T Technology Services Ltd.		374,528		6,106
	Phoenix Mills Ltd.		838,643		6,033
^*	Aditya Birla Capital Ltd.		9,139,432		6,028
^*	GMR Infrastructure Ltd.		26,332,383		5,954
¹	Syngene International Ltd.		1,387,916		5,878
	Gujarat State Petronet Ltd.		2,101,413		5,778
	PVR Ltd.		411,628		5,516
	Amara Raja Batteries Ltd.		712,126		5,364
	Kajaria Ceramics Ltd.		1,074,560		5,341
	Hexaware Technologies Ltd.		1,426,491		5,284
^*	Aavas Financiers Ltd.		333,459		5,221
	Polycab India Ltd.		531,681		5,068
	WABCO India Ltd.		61,084		5,050
^*	Aditya Birla Fashion and Retail Ltd.		3,218,768		4,914
	Emami Ltd.		1,899,498		4,910
	Dalmia Bharat Ltd.		711,687		4,908
^*	Union Bank of India		13,622,426		4,900
	Bharat Heavy Electricals Ltd.		16,347,346		4,846
	Vinati Organics Ltd.		357,878		4,662
	Strides Pharma Science Ltd.		787,089		4,559
	Prestige Estates Projects Ltd.		1,872,902		4,277
¹	Laurus Labs Ltd.		615,834		4,179
	Godrej Industries Ltd.		1,167,039		4,097
	Thermax Ltd.		422,550		4,064
^*,1	ICICI Securities Ltd.		845,540		4,051
^*	Future Retail Ltd.		3,558,324		4,039
	KRBL Ltd.		1,574,363		3,990
^*	Just Dial Ltd.		738,377		3,962
	National Aluminium Co. Ltd.		9,340,671		3,915
	V-Guard Industries Ltd.		1,636,620		3,813
	Radico Khaitan Ltd.		967,863		3,782
	Indiabulls Ventures Ltd.		2,584,328		3,645
	Motilal Oswal Financial Services Ltd.		543,835		3,625
	Avanti Feeds Ltd.		629,961		3,590
	Persistent Systems Ltd.		561,622		3,528
	Minda Industries Ltd.		904,107		3,522
	Tata Chemicals Ltd.		931,591		3,482
	Ceat Ltd.		324,942		3,458
¹	Endurance Technologies Ltd.		378,079		3,370
	Bombay Burmah Trading Co.		268,162		3,191
	Graphite India Ltd.		1,159,451		3,191
¹	Godrej Agrovet Ltd.		592,731		3,187
^*	Tata Motors Ltd. Class A		6,100,461		3,175
^*	Tata Motors Ltd. ADR		536,098		3,174
^*	TeamLease Services Ltd.		148,709		3,136
	JSW Energy Ltd.		5,189,998		3,052
	India Cements Ltd.		2,215,460		3,016
	Redington India Ltd.		3,090,610		3,016
	Sundram Fasteners Ltd.		683,637		3,012
	Edelweiss Financial Services Ltd.		5,778,605		2,994
	IIFL Finance Ltd.		2,937,463		2,964
	Multi Commodity Exchange of India Ltd.		208,337		2,946
	DCB Bank Ltd.		2,774,729		2,934
	Balrampur Chini Mills Ltd.		2,207,533		2,895
	Symphony Ltd.		231,719		2,838
	Vakrangee Ltd.		8,140,708		2,764
	TTK Prestige Ltd.		42,875		2,744
	Cholamandalam Financial Holdings Ltd.		691,938		2,717
	V-Mart Retail Ltd.		118,416		2,698
	HEG Ltd.		254,493		2,690
	NCC Ltd.		7,667,428		2,624
^*	Sun Pharma Advanced Research Co. Ltd.		1,507,110		2,587
	Birlasoft Ltd.		2,699,608		2,579

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Chambal Fertilizers and Chemicals Ltd.		1,491,938		2,554
	JM Financial Ltd.		2,965,156		2,546
^*,1	Quess Corp. Ltd.		886,369		2,411
^*,§	Hemisphere Properties India Ltd.		1,109,497		2,391
	Gujarat Pipavav Port Ltd.		3,087,228		2,349
	Engineers India Ltd.		2,495,453		2,223
^*	Bank of India		4,652,428		2,165
	Great Eastern Shipping Co. Ltd.		694,540		2,161
^*	Wockhardt Ltd.		621,821		2,093
	Kaveri Seed Co. Ltd.		410,304		2,021
	NBCC India Ltd.		7,670,971		1,999
	Century Textiles & Industries Ltd.		518,960		1,997
	EIH Ltd.		1,983,221		1,985
^*	IRB Infrastructure Developers Ltd.		2,136,939		1,953
	Welspun India Ltd.		5,486,885		1,912
¹	Dilip Buildcon Ltd.		552,291		1,896
	Karur Vysya Bank Ltd.		4,855,868		1,881
	Welspun Corp. Ltd.		2,217,859		1,874
	Sterlite Technologies Ltd.		1,528,290		1,816
	Vedanta Ltd. ADR		385,490		1,742
^*	ABB Power Products & Systems India Ltd.		162,035		1,729
	Care Ratings Ltd.		348,853		1,705
¹	PNB Housing Finance Ltd.		647,823		1,694
	Tube Investments of India Ltd.		343,678		1,691
	DCM Shriram Ltd.		462,982		1,676
	Sobha Ltd.		623,260		1,657
	Finolex Cables Ltd.		488,716		1,652
	Jindal Saw Ltd.		2,241,047		1,644
^*	Mahindra CIE Automotive Ltd.		1,292,304		1,618
^*	TV18 Broadcast Ltd.		6,201,623		1,592
	Karnataka Bank Ltd.		2,703,279		1,582
	eClerx Services Ltd.		243,709		1,491
	PTC India Ltd.		2,731,661		1,440
^*	Suzlon Energy Ltd.		41,397,557		1,433
^*	Bajaj Consumer Care Ltd.		719,578		1,374
^*	Indiabulls Real Estate Ltd.		1,722,420		1,323
^*	Indian Bank		1,917,151		1,312
	Mangalore Refinery & Petrochemicals Ltd.		2,928,142		1,256
^*	Gujarat Fluorochemicals Ltd.		308,511		1,255
	Rain Industries Ltd.		1,310,542		1,221
^*	Equitas Holdings Ltd.		1,716,544		1,169
	South Indian Bank Ltd.		14,605,728		1,140
	IDFC Ltd.		5,228,049		999
	Gateway Distriparks Ltd.		822,382		995
^*	Central Bank of India		4,757,757		986
¹	Eris Lifesciences Ltd.		144,886		961
	GE Power India Ltd.		162,293		961
^*	Hindustan Construction Co. Ltd.		12,967,528		851
	Raymond Ltd.		259,874		829
^*	Future Consumer Ltd.		6,366,070		783
	Arvind Ltd.		2,424,142		772
	Sadbhav Engineering Ltd.		1,195,265		737
	Repco Home Finance Ltd.		432,228		723
^*	Indian Overseas Bank		7,063,023		719
^*	CG Power and Industrial Solutions Ltd.		6,783,725		712
^*	Jammu & Kashmir Bank Ltd.		3,415,883		671
^*	VA Tech Wabag Ltd.		379,313		649
^*	IFCI Ltd.		10,795,959		578
	GE T&D India Ltd.		470,034		527
	Gujarat Mineral Development Corp. Ltd.		1,000,049		520
	APL Apollo Tubes Ltd.		26,116		495
^*	Honeywell Automation India Ltd.		1,310		494
^*	Dish TV India Ltd.		7,396,282		470
	Thomas Cook India Ltd.		1,260,919		448

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Navin Fluorine International Ltd.		16,204		336
^*	RattanIndia Power Ltd.		7,698,293		132
^*	Aarti Surfactants Ltd.		31,910		90
^*	Housing Development & Infrastructure Ltd.		3,457,665		85
	GFL Ltd.		65,987		75
^*,§	Chennai Super Kings Cricket Ltd.		951,110		—
					8,745,228
Indonesia (0.4%)
	Bank Central Asia Tbk PT		172,401,650		298,632
	Telekomunikasi Indonesia Persero Tbk PT		821,120,751		188,818
	Bank Rakyat Indonesia Persero Tbk PT		939,197,828		170,828
	Bank Mandiri Persero Tbk PT		330,549,303		98,259
	Astra International Tbk PT		364,745,819		93,290
	Unilever Indonesia Tbk PT		102,749,522		56,974
	Bank Negara Indonesia Persero Tbk PT		137,967,908		37,651
	Charoen Pokphand Indonesia Tbk PT		117,907,513		36,256
	Indofood Sukses Makmur Tbk PT		75,618,184		32,993
	United Tractors Tbk PT		28,063,213		30,608
^*	Barito Pacific Tbk PT		312,454,953		30,254
	Kalbe Farma Tbk PT		305,856,496		29,547
	Indofood CBP Sukses Makmur Tbk PT		41,502,047		27,460
	Semen Indonesia Persero Tbk PT		48,229,853		25,601
	Gudang Garam Tbk PT		7,778,502		23,645
	Hanjaya Mandala Sampoerna Tbk PT		162,669,688		17,324
	Indocement Tunggal Prakarsa Tbk PT		21,479,647		16,671
	Indah Kiat Pulp & Paper Corp. Tbk PT		42,516,703		15,694
	Adaro Energy Tbk PT		213,991,986		13,114
	Tower Bersama Infrastructure Tbk PT		164,986,615		13,051
	Ace Hardware Indonesia Tbk PT		113,318,672		11,534
	Perusahaan Gas Negara Tbk PT		191,965,362		10,892
^*	Lippo Karawaci Tbk PT		967,165,176		10,418
^*	XL Axiata Tbk PT		58,388,061		9,895
	Pakuwon Jati Tbk PT		374,365,933		9,401
	Bukit Asam Tbk PT		70,003,954		8,763
	Ciputra Development Tbk PT		223,854,788		8,070
	Jasa Marga Persero Tbk PT		35,220,402		7,416
^*	Japfa Comfeed Indonesia Tbk PT		110,859,700		7,215
	Pabrik Kertas Tjiwi Kimia Tbk PT		19,925,998		6,629
^*	Vale Indonesia Tbk PT		33,636,610		5,756
^*	Bumi Serpong Damai Tbk PT		120,186,446		5,654
	Surya Citra Media Tbk PT		95,832,441		5,577
^*	Bank Tabungan Pensiunan Nasional Syariah Tbk PT		36,441,800		5,335
	Summarecon Agung Tbk PT		176,363,056		5,218
	Media Nusantara Citra Tbk PT		81,544,298		4,973
	Mitra Adiperkasa Tbk PT		112,182,696		4,901
	Aneka Tambang Tbk PT		141,466,241		4,834
^*	Smartfren Telecom Tbk PT		588,997,100		4,198
	AKR Corporindo Tbk PT		26,052,755		4,175
^*	Medco Energi Internasional Tbk PT		132,126,176		3,979
	Bank Tabungan Negara Persero Tbk PT		59,459,999		3,502
	Wijaya Karya Persero Tbk PT		52,713,574		3,333
	Indo Tambangraya Megah Tbk PT		6,429,717		3,100
	Matahari Department Store Tbk PT		36,670,534		2,977
^*	Panin Financial Tbk PT		234,941,224		2,856
	Waskita Karya Persero Tbk PT		68,495,588		2,768
^*	Bank Pan Indonesia Tbk PT		52,380,700		2,626
^*	Astra Agro Lestari Tbk PT		5,749,269		2,341
^*	Sentul City Tbk PT		689,721,445		2,312
	Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		39,266,728		2,114
	Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		43,311,456		2,050
^*	Kresna Graha Investama Tbk PT		217,276,530		1,969
^*,§	Trada Alam Minera Tbk PT		537,807,334		1,808
	PP Persero Tbk PT		40,048,881		1,781
^*	Siloam International Hospitals Tbk PT		4,930,881		1,730

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	Global Mediacom Tbk PT		118,040,414		1,641
	Ramayana Lestari Sentosa Tbk PT		42,327,005		1,629
	Bank Danamon Indonesia Tbk PT		9,051,911		1,504
	Timah Tbk PT		41,015,153		1,274
	Surya Semesta Internusa Tbk PT		58,871,944		1,201
^*	Alam Sutera Realty Tbk PT		148,905,969		1,171
	Adhi Karya Persero Tbk PT		28,749,669		1,056
^*	Agung Podomoro Land Tbk PT		119,276,722		833
^*	Eagle High Plantations Tbk PT		153,695,023		821
	Bekasi Fajar Industrial Estate Tbk PT		80,656,446		619
^*	Krakatau Steel Persero Tbk PT		45,034,917		519
^*	Salim Ivomas Pratama Tbk PT		32,574,679		465
^*	Totalindo Eka Persada Tbk PT		89,677,700		301
^*	Sampoerna Agro Tbk PT		989,598		166
^*	Berlian Laju Tanker Tbk PT		18,926,000		64
					1,452,034
Ireland (0.3%)
	Kerry Group plc Class A		2,549,758		293,498
	CRH plc (XDUB)		6,769,236		205,370
^{^}	Flutter Entertainment plc		1,366,810		168,081
	Kingspan Group plc		2,627,476		133,885
	Glanbia plc		3,477,915		37,013
	Bank of Ireland Group plc		16,329,011		33,509
^*	AIB Group plc		13,997,261		19,370
	Hibernia REIT plc		12,036,020		15,656
	C&C Group plc (XDUB)		5,034,661		12,365
	Dalata Hotel Group plc		3,296,482		10,683
	Irish Continental Group plc		2,704,150		10,224
	Cairn Homes plc (XLON)		10,263,239		9,541
	Cairn Homes plc (XDUB)		2,787,025		2,597
^*	Permanent TSB Group Holdings plc		1,652,446		912
^*,§	Irish Bank Resolution Corp. Ltd.		698,992		—
					952,704
Israel (0.4%)
^*	Teva Pharmaceutical Industries Ltd.		17,095,152		184,917
^*	Nice Ltd.		1,091,685		179,287
	Bank Leumi Le-Israel BM		25,825,966		139,153
	Bank Hapoalim BM		19,209,415		123,124
	Israel Discount Bank Ltd. Class A		20,610,586		66,867
	Elbit Systems Ltd.		435,143		58,991
	Mizrahi Tefahot Bank Ltd.		2,352,447		48,181
	ICL Ltd.		12,203,391		42,578
^*	Azrieli Group Ltd.		655,996		38,844
^*	Tower Semiconductor Ltd.		1,904,699		37,313
^*	Mivne Real Estate KD Ltd.		12,269,153		26,355
^*	Bezeq The Israeli Telecommunication Corp. Ltd.		36,862,811		26,301
	First International Bank Of Israel Ltd.		1,035,644		25,547
	Alony Hetz Properties & Investments Ltd.		1,991,047		23,965
^*	Airport City Ltd.		1,394,461		21,156
	Strauss Group Ltd.		732,583		20,707
^*	Nova Measuring Instruments Ltd.		433,532		17,350
^*	Paz Oil Co. Ltd.		180,018		15,686
	Amot Investments Ltd.		2,791,390		15,678
	Shikun & Binui Ltd.		3,566,875		14,805
	Reit 1 Ltd.		2,935,074		14,611
^*	Shapir Engineering and Industry Ltd.		2,016,840		14,139
^*	Shufersal Ltd.		2,105,826		13,515
	Harel Insurance Investments & Financial Services Ltd.		2,090,707		13,461
	Electra Ltd.		29,250		13,417
	Melisron Ltd.		311,671		12,545
	Gazit-Globe Ltd.		1,658,286		12,278
	Matrix IT Ltd.		586,364		11,366
^*	Phoenix Holdings Ltd.		1,924,289		10,120
^*	Enlight Renewable Energy Ltd.		7,816,881		9,609

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	AudioCodes Ltd.		323,430		9,581
	Sapiens International Corp. NV		381,731		9,523
	Isracard Ltd.		3,487,312		9,143
^*	Energix-Renewable Energies Ltd.		2,426,749		8,461
^*	Hilan Ltd.		210,225		8,288
^*	Israel Corp. Ltd.		60,825		7,848
	Formula Systems 1985 Ltd.		115,733		7,726
	FIBI Holdings Ltd.		242,820		7,183
	Oil Refineries Ltd.		25,230,761		6,973
	Bayside Land Corp.		11,605		6,915
	Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.		105,243		6,872
^*	Clal Insurance Enterprises Holdings Ltd.		664,696		6,605
^*	Partner Communications Co. Ltd.		1,370,536		5,976
	Sella Capital Real Estate Ltd.		2,835,895		5,898
^*	AFI Properties Ltd.		188,594		5,739
^*	Fattal Holdings 1998 Ltd.		73,986		5,069
	Mega Or Holdings Ltd.		200,199		5,023
^*	Allot Ltd.		423,413		4,847
	Big Shopping Centers Ltd.		59,338		4,747
	Kenon Holdings Ltd.		229,100		4,657
	Menora Mivtachim Holdings Ltd.		330,555		4,412
	Delek Group Ltd.		88,559		4,032
^*	Brack Capital Properties NV		42,973		3,906
^*	Gilat Satellite Networks Ltd.		453,218		3,899
	IDI Insurance Co. Ltd.		118,520		3,643
^*	Kamada Ltd.		434,772		3,313
	Migdal Insurance & Financial Holdings Ltd.		4,958,055		3,173
^*	Cellcom Israel Ltd. (Registered)		814,595		3,000
	Delek Automotive Systems Ltd.		534,377		2,814
^*	Naphtha Israel Petroleum Corp. Ltd.		468,765		2,423
	Delta Galil Industries Ltd.		126,104		2,244
	Norstar Holdings Inc.		154,707		1,987
	Property & Building Corp. Ltd.		13,355		986
^*	Teva Pharmaceutical Industries Ltd. ADR		73,120		785
^*	Cellcom Israel Ltd.		96,578		355
					1,429,912
Italy (1.5%)
	Enel SPA		135,366,654		924,619
	Eni SPA		43,551,836		414,891
	Intesa Sanpaolo SPA (Registered)		259,476,917		405,176
^*	Ferrari NV		2,146,669		335,516
	Assicurazioni Generali SPA		22,286,596		317,956
^*	UniCredit SPA		38,906,173		300,465
	Snam SPA		39,650,780		177,870
	Fiat Chrysler Automobiles NV		19,188,462		166,440
	Terna Rete Elettrica Nazionale SPA		24,641,431		154,304
	Atlantia SPA		8,605,416		141,071
	Moncler SPA		3,386,760		127,366
^*	FinecoBank Banca Fineco SPA		10,641,597		118,565
^*	CNH Industrial NV		17,249,700		107,901
	Exor NV		1,824,194		99,482
	Prysmian SPA		4,365,796		82,374
	Mediobanca Banca di Credito Finanziario SPA		14,007,869		81,435
^*,1	Nexi SPA		5,245,562		79,572
^*	Davide Campari-Milano SPA		9,694,476		75,349
	Recordati SPA		1,685,700		73,409
^*	Telecom Italia SPA (Registered)		181,412,086		72,041
¹	Poste Italiane SPA		7,989,996		67,970
	DiaSorin SPA		393,245		67,057
¹	Infrastrutture Wireless Italiane SPA		5,124,959		54,243
	Tenaris SA		7,723,321		53,439
	Hera SPA		14,334,630		53,063
	Unione di Banche Italiane SPA		16,881,093		48,393
	Italgas SPA		8,588,359		48,119

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Amplifon SPA		2,075,846		47,519
	Leonardo SPA		6,761,359		46,695
	Telecom Italia SPA (Bearer)		109,862,057		43,816
	Interpump Group SPA		1,478,923		43,153
	A2A SPA		26,572,961		36,225
	Azimut Holding SPA		2,069,035		35,260
^*	Banco BPM SPA		26,225,827		32,054
	Banca Mediolanum SPA		5,038,282		30,787
	Unipol Gruppo SPA		8,736,291		30,144
	Iren SPA		11,829,324		29,170
¹	Pirelli & C SPA		7,532,052		29,167
	Reply SPA		369,615		25,875
	IMA Industria Macchine Automatiche SPA		376,149		25,642
	UnipolSai Assicurazioni SPA		10,379,926		25,443
	Buzzi Unicem SPA		1,288,366		25,277
	Banca Generali SPA		1,011,846		25,155
^*	Saipem SPA		9,607,602		24,660
	Cerved Group SPA		3,299,035		22,475
	Freni Brembo SPA		2,584,734		21,927
	Astm SPA		1,101,180		21,536
	De' Longhi SPA		1,148,383		20,756
¹	Enav SPA		4,603,948		20,634
	Brunello Cucinelli SPA		592,605		19,110
	Erg SPA		995,522		17,887
¹	Anima Holding SPA		4,876,532		17,264
^{^}	BPER Banca SPA		6,904,551		17,071
	Societa Cattolica di Assicurazioni SCPA		2,936,097		16,267
¹	Technogym SPA		2,174,034		16,081
	Salvatore Ferragamo SPA		1,221,829		15,168
^*,1	Banca Farmafactoring SPA		2,486,877		12,841
	Banca Popolare di Sondrio SCPA		7,933,327		12,595
^{*,^}	Mediaset SPA		5,981,842		12,161
	Autogrill SPA		2,286,760		11,844
	Acea SPA		706,913		11,816
	Tamburi Investment Partners SPA		1,672,073		10,816
	Falck Renewables SPA		2,125,766		10,448
¹	Carel Industries SPA		645,329		9,612
	Saras SPA		9,749,359		9,207
^{*,^}	Juventus Football Club SPA		8,464,315		8,389
¹	RAI Way SPA		1,452,555		7,831
	Marr SPA		594,247		7,829
	Italmobiliare SPA		229,668		6,873
^{^}	Tod's SPA		210,763		6,454
^{*,^}	Fincantieri SPA		8,270,582		6,410
	CIR SPA-Compagnie Industriali		14,396,284		6,387
	Piaggio & C SPA		2,764,231		6,337
^{*,^}	Banca Monte dei Paschi di Siena SPA		5,071,683		6,188
^{*,^}	Salini Impregilo SPA		4,060,170		6,010
^*	Banca IFIS SPA		598,218		5,851
	Zignago Vetro SPA		457,570		5,686
	Buzzi Unicem SPA Saving Shares		518,377		5,417
¹	doValue SPA		724,870		5,344
	Credito Emiliano SPA		1,140,895		5,057
	Danieli & C Officine Meccaniche SPA		384,567		4,888
^{^}	Maire Tecnimont SPA		2,475,296		4,802
^{^}	Datalogic SPA		322,342		4,423
	Cementir Holding NV		707,173		4,332
	Danieli & C Officine Meccaniche SPA Saving Shares		387,431		2,877
^{*,^,1}	Ovs SPA		3,002,066		2,587
	Immobiliare Grande Distribuzione SIIQ SPA		644,947		2,554
^*	Arnoldo Mondadori Editore SPA		1,771,526		2,410
	Biesse SPA		221,028		1,997
	Cairo Communication SPA		959,477		1,730
	DeA Capital SPA		1,211,993		1,720

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Rizzoli Corriere Della Sera Mediagroup SPA		1,704,117		1,332
	STMicroelectronics NV (MTAA)		51,687		1,331
^{^}	Geox SPA		979,539		783
^*,§	Gemina SPA CVR Exp. 12/31/2049		315,232		—
					5,665,473
Japan (17.4%)
	Toyota Motor Corp.		42,898,007		2,652,249
	Sony Corp.		21,414,798		1,378,130
	SoftBank Group Corp.		28,270,443		1,211,746
	Keyence Corp.		3,138,166		1,120,363
	Takeda Pharmaceutical Co. Ltd.		25,055,297		903,530
	Mitsubishi UFJ Financial Group Inc.		217,392,172		878,264
	KDDI Corp.		29,807,889		863,364
	Shin-Etsu Chemical Co. Ltd.		6,951,684		766,785
	Nintendo Co. Ltd.		1,856,555		766,617
	Daiichi Sankyo Co. Ltd.		11,101,015		763,098
	Honda Motor Co. Ltd.		30,059,547		729,971
	Recruit Holdings Co. Ltd.		21,999,149		641,742
	Kao Corp.		8,196,083		632,052
	Sumitomo Mitsui Financial Group Inc.		22,605,081		594,451
	Daikin Industries Ltd.		4,620,863		593,000
	NTT DOCOMO Inc.		20,020,077		590,016
	Hoya Corp.		6,414,748		584,982
	Murata Manufacturing Co. Ltd.		9,920,391		558,984
	Tokyo Electron Ltd.		2,592,133		552,075
	FANUC Corp.		3,346,619		546,213
	Tokio Marine Holdings Inc.		11,474,130		538,317
	Astellas Pharma Inc.		32,501,093		537,540
	Mizuho Financial Group Inc.		442,195,306		514,901
	Central Japan Railway Co.		3,139,615		494,032
	Nippon Telegraph & Telephone Corp.		21,145,806		481,567
	Hitachi Ltd.		16,119,812		478,427
	Nidec Corp.		8,117,182		472,534
	ITOCHU Corp.		23,589,401		462,473
	East Japan Railway Co.		6,271,028		457,910
	SMC Corp.		999,528		451,809
	Chugai Pharmaceutical Co. Ltd.		3,780,600		450,654
	Seven & i Holdings Co. Ltd.		13,449,585		445,411
	Mitsubishi Corp.		20,947,623		444,257
	Mitsubishi Electric Corp.		34,407,916		423,377
	Fast Retailing Co. Ltd.		891,852		422,958
^{^}	Oriental Land Co. Ltd.		3,280,806		414,843
	Mitsui & Co. Ltd.		29,418,157		410,629
	Shiseido Co. Ltd.		6,766,714		397,837
	Japan Tobacco Inc.		20,627,994		384,156
	Softbank Corp.		27,925,856		380,294
	Terumo Corp.		11,425,939		379,143
	Canon Inc.		17,583,557		369,872
	Mitsubishi Estate Co. Ltd.		20,083,434		324,912
	Fujitsu Ltd.		3,339,218		324,400
	Eisai Co. Ltd.		4,611,289		321,918
	Bridgestone Corp.		10,005,818		311,454
	Mitsui Fudosan Co. Ltd.		16,422,824		301,966
	Komatsu Ltd.		15,946,684		301,726
	FUJIFILM Holdings Corp.		6,295,519		299,872
	Olympus Corp.		18,430,442		292,433
	Otsuka Holdings Co. Ltd.		7,343,524		288,630
	Daiwa House Industry Co. Ltd.		11,371,483		288,157
	Kyocera Corp.		5,330,969		284,836
	Panasonic Corp.		37,181,243		283,432
	Secom Co. Ltd.		3,382,562		281,494
	Denso Corp.		7,908,517		277,998
	M3 Inc.		7,384,049		266,520
	Kirin Holdings Co. Ltd.		13,800,015		266,316

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Shionogi & Co. Ltd.		4,812,106		265,761
	ORIX Corp.		22,337,822		262,860
	Suzuki Motor Corp.		7,877,416		251,410
	Unicharm Corp.		6,759,109		249,097
^{^}	Aeon Co. Ltd.		12,199,053		245,586
	MS&AD Insurance Group Holdings Inc.		8,450,400		243,457
	Kubota Corp.		19,152,918		237,854
	Dai-ichi Life Holdings Inc.		18,904,081		236,910
	Sysmex Corp.		3,305,470		228,366
	Asahi Group Holdings Ltd.		6,638,177		228,256
	Nomura Holdings Inc.		53,092,704		220,314
	Sumitomo Corp.		19,458,744		220,121
	Subaru Corp.		10,651,332		213,181
	Shimano Inc.		1,367,636		201,529
	Nitori Holdings Co. Ltd.		1,298,266		198,993
	West Japan Railway Co.		3,165,024		195,591
	Omron Corp.		3,298,773		193,754
	Sompo Holdings Inc.		5,966,031		193,511
	Toshiba Corp.		7,727,027		191,613
	Sumitomo Mitsui Trust Holdings Inc.		6,440,003		187,512
	JXTG Holdings Inc.		52,380,941		185,709
	Sumitomo Realty & Development Co. Ltd.		6,898,460		184,758
	Japan Post Holdings Co. Ltd.		23,003,148		184,000
	Ono Pharmaceutical Co. Ltd.		7,555,706		182,034
	TDK Corp.		2,076,609		179,020
	Z Holdings Corp.		45,429,408		175,327
	Obic Co. Ltd.		1,166,145		174,993
	Japan Exchange Group Inc.		9,381,900		174,507
	Sekisui House Ltd.		10,113,217		173,489
	Pan Pacific International Holdings Corp.		8,890,120		172,234
^{^}	Bandai Namco Holdings Inc.		3,408,432		170,307
	NEC Corp.		4,373,460		167,831
	Advantest Corp.		3,429,442		166,401
	Chubu Electric Power Co. Inc.		12,204,528		165,054
	MEIJI Holdings Co. Ltd.		2,340,416		162,551
	Tokyo Gas Co. Ltd.		7,386,517		162,104
	Nippon Paint Holdings Co. Ltd.		2,697,881		155,925
	Asahi Kasei Corp.		21,767,970		154,432
	Ajinomoto Co. Inc.		8,569,596		152,631
	Kintetsu Group Holdings Co. Ltd.		3,132,592		149,646
	Kikkoman Corp.		3,194,828		146,802
^{^}	Yaskawa Electric Corp.		4,487,867		146,326
	Toyota Industries Corp.		2,800,196		140,944
	Makita Corp.		4,257,842		138,646
	Nitto Denko Corp.		2,728,341		136,290
	Sumitomo Electric Industries Ltd.		13,186,795		135,672
	Marubeni Corp.		27,224,164		131,107
	Hankyu Hanshin Holdings Inc.		3,830,537		131,054
	Kansai Electric Power Co. Inc.		12,739,934		130,548
	Tokyu Corp.		8,591,154		129,314
	Osaka Gas Co. Ltd.		6,924,859		128,953
	Mitsubishi Heavy Industries Ltd.		4,974,579		127,566
	Mitsubishi Chemical Holdings Corp.		22,340,710		126,976
	Yakult Honsha Co. Ltd.		2,144,389		124,569
	Toray Industries Inc.		26,505,466		121,520
	Resona Holdings Inc.		38,743,590		120,998
	Tobu Railway Co. Ltd.		3,558,485		120,704
	Nippon Steel Corp.		14,258,101		119,962
	MINEBEA MITSUMI Inc.		7,312,412		118,894
	Daifuku Co. Ltd.		1,685,196		117,931
	Odakyu Electric Railway Co. Ltd.		5,338,264		117,721
	Rakuten Inc.		13,781,125		116,853
	Shimadzu Corp.		4,683,705		116,642
	MISUMI Group Inc.		4,883,018		115,988

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Nexon Co. Ltd.		7,111,437		114,821
	Nissan Motor Co. Ltd.		33,636,414		114,491
	Keio Corp.		2,011,165		113,767
	Yamaha Corp.		2,773,554		111,955
	NTT Data Corp.		10,965,738		111,896
	Santen Pharmaceutical Co. Ltd.		6,273,638		111,054
	Daiwa Securities Group Inc.		26,559,090		110,444
	Nomura Research Institute Ltd.		4,508,937		110,383
	Taisei Corp.		3,511,312		109,455
	Yamato Holdings Co. Ltd.		6,239,575		108,903
	Daito Trust Construction Co. Ltd.		1,133,779		107,806
	Disco Corp.		482,591		107,769
	Dai Nippon Printing Co. Ltd.		4,998,189		105,382
	Obayashi Corp.		11,859,113		103,656
	Sumitomo Metal Mining Co. Ltd.		4,149,781		103,425
	SG Holdings Co. Ltd.		3,707,567		103,156
	Inpex Corp.		15,930,892		102,835
	Trend Micro Inc.		2,017,117		102,332
	Kyowa Kirin Co. Ltd.		4,374,419		101,529
	Kobayashi Pharmaceutical Co. Ltd.		1,078,067		99,934
	Nissin Foods Holdings Co. Ltd.		1,210,993		99,548
	Nagoya Railroad Co. Ltd.		3,427,449		98,081
	Hamamatsu Photonics KK		2,225,950		97,295
	Lion Corp.		4,430,033		93,130
	Idemitsu Kosan Co. Ltd.		4,097,730		93,113
	Rohm Co. Ltd.		1,470,889		92,995
	Toyota Tsusho Corp.		3,888,599		92,565
^*	Tokyo Electric Power Co. Holdings Inc.		27,231,800		91,671
	Nissan Chemical Corp.		2,362,966		90,664
	TOTO Ltd.		2,534,104		88,205
	Aisin Seiki Co. Ltd.		3,023,851		87,085
	Asahi Intecc Co. Ltd.		3,282,947		86,969
	Lasertec Corp.		1,305,409		86,335
	Tsuruha Holdings Inc.		638,960		85,674
	T&D Holdings Inc.		9,654,099		83,448
	Suntory Beverage & Food Ltd.		2,202,620		82,947
^{^}	Kajima Corp.		7,950,024		82,607
	Otsuka Corp.		1,789,755		81,036
	Sumitomo Chemical Co. Ltd.		26,408,620		81,001
	Ricoh Co. Ltd.		11,821,510		80,581
	AGC Inc.		3,233,099		79,729
	TIS Inc.		4,166,367		79,450
	Tohoku Electric Power Co. Inc.		8,392,678		78,992
	Oji Holdings Corp.		15,450,699		78,451
	Sekisui Chemical Co. Ltd.		6,155,376		78,014
	Dentsu Group Inc.		3,734,268		77,986
	Keihan Holdings Co. Ltd.		1,723,511		77,464
	Toho Gas Co. Ltd.		1,567,031		76,996
	Toyo Suisan Kaisha Ltd.		1,597,984		76,842
	Koito Manufacturing Co. Ltd.		2,009,351		75,688
	Hikari Tsushin Inc.		389,208		75,324
	Shimizu Corp.		9,756,082		74,927
	Toppan Printing Co. Ltd.		5,023,848		74,630
	Hitachi Chemical Co. Ltd.		1,729,556		74,192
	Kyushu Railway Co.		2,735,088		73,582
	SBI Holdings Inc.		3,928,440		73,373
	Nihon M&A Center Inc.		2,241,151		73,112
	Keisei Electric Railway Co. Ltd.		2,415,161		72,852
	Keikyu Corp.		4,372,662		71,868
	Miura Co. Ltd.		1,723,222		71,103
	CyberAgent Inc.		1,679,446		70,513
	Brother Industries Ltd.		4,154,822		70,418
	Nisshin Seifun Group Inc.		4,510,437		70,084
	Hoshizaki Corp.		919,514		70,073

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Chugoku Electric Power Co. Inc.		5,094,998		68,554
^{^}	FamilyMart Co. Ltd.		4,012,370		68,040
	Isuzu Motors Ltd.		8,951,468		68,027
	Pigeon Corp.		1,886,233		67,169
^{^}	Japan Post Bank Co. Ltd.		7,066,331		65,612
	MonotaRO Co. Ltd.		2,039,904		65,545
	Hirose Electric Co. Ltd.		594,754		65,302
	Kyushu Electric Power Co. Inc.		8,230,449		65,218
	Toho Co. Ltd.		1,988,814		65,129
	Yamada Denki Co. Ltd.		13,724,735		65,085
^*	Renesas Electronics Corp.		12,287,045		64,881
	Kansai Paint Co. Ltd.		3,398,439		64,552
	Nippon Shinyaku Co. Ltd.		906,928		63,688
	Welcia Holdings Co. Ltd.		874,513		63,488
	Yamaha Motor Co. Ltd.		4,890,871		62,925
	Hulic Co. Ltd.		6,350,703		62,808
	Kose Corp.		501,458		62,688
	GMO Payment Gateway Inc.		696,906		62,129
	NH Foods Ltd.		1,738,762		61,719
	Azbil Corp.		2,343,268		61,626
	Tosoh Corp.		5,027,845		61,449
	Concordia Financial Group Ltd.		19,960,017		61,157
	Kuraray Co. Ltd.		6,103,060		61,052
	Alfresa Holdings Corp.		3,041,799		60,658
	Nippon Express Co. Ltd.		1,241,327		60,629
	Mitsui Chemicals Inc.		3,067,685		60,228
	NGK Insulators Ltd.		4,602,730		60,217
	JSR Corp.		3,185,478		59,922
	JFE Holdings Inc.		9,007,974		59,777
	Stanley Electric Co. Ltd.		2,607,674		59,414
	Casio Computer Co. Ltd.		3,761,149		59,358
	Hisamitsu Pharmaceutical Co. Inc.		1,256,713		59,211
	USS Co. Ltd.		3,736,719		59,170
	Oracle Corp. Japan		574,613		59,155
	Marui Group Co. Ltd.		3,605,384		59,016
	Taiyo Yuden Co. Ltd.		2,108,081		58,779
	Nabtesco Corp.		2,050,191		58,667
	Electric Power Development Co. Ltd.		2,919,806		58,437
	Yokogawa Electric Corp.		4,233,061		57,698
	SUMCO Corp.		3,983,308		56,711
	Sohgo Security Services Co. Ltd.		1,184,996		56,527
	Mazda Motor Corp.		9,971,820		56,374
	Ito En Ltd.		1,014,420		56,353
	LIXIL Group Corp.		4,661,484		55,918
^*	PeptiDream Inc.		1,493,059		55,689
	Nikon Corp.		5,947,632		55,324
	Square Enix Holdings Co. Ltd.		1,347,926		55,246
	Shizuoka Bank Ltd.		9,073,896		55,090
	Showa Denko KK		2,489,954		54,500
^{^}	Takeda Pharmaceutical Co. Ltd. ADR		3,034,952		54,447
	COMSYS Holdings Corp.		1,978,512		54,405
	NSK Ltd.		7,838,930		54,258
	Kurita Water Industries Ltd.		1,919,205		53,544
	Seiko Epson Corp.		4,694,744		53,312
	Haseko Corp.		4,887,897		53,066
	Itochu Techno-Solutions Corp.		1,734,119		52,985
	Fuji Electric Co. Ltd.		2,218,392		52,914
	NGK Spark Plug Co. Ltd.		3,504,987		52,477
	Tokyu Fudosan Holdings Corp.		10,612,897		51,921
	Sony Financial Holdings Inc.		2,730,852		51,768
	Konami Holdings Corp.		1,648,394		51,758
	Teijin Ltd.		3,242,983		51,718
	Chiba Bank Ltd.		11,108,614		51,544
	Suzuken Co. Ltd.		1,319,762		50,862

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Amada Co. Ltd.		5,613,083		50,737
	Rohto Pharmaceutical Co. Ltd.		1,708,440		49,708
	MediPal Holdings Corp.		2,573,440		49,645
	Sojitz Corp.		21,372,293		49,463
	Rinnai Corp.		649,784		49,218
	Ibiden Co. Ltd.		1,920,530		49,089
^{^}	Skylark Holdings Co. Ltd.		3,296,913		48,733
^{^}	Anritsu Corp.		2,385,951		48,567
	Capcom Co. Ltd.		1,582,531		48,508
	Ryohin Keikaku Co. Ltd.		4,071,953		48,462
	THK Co. Ltd.		2,016,210		48,197
	Taisho Pharmaceutical Holdings Co. Ltd.		766,905		47,913
	Nichirei Corp.		1,888,698		47,247
	Nihon Kohden Corp.		1,315,987		47,072
	Hakuhodo DY Holdings Inc.		4,227,087		46,828
	Kakaku.com Inc.		2,284,916		46,625
	Mitsubishi Materials Corp.		2,248,574		46,056
	Matsumotokiyoshi Holdings Co. Ltd.		1,337,394		46,031
	Kyowa Exeo Corp.		1,855,922		45,214
	Seibu Holdings Inc.		3,743,986		44,917
	Bank of Kyoto Ltd.		1,302,253		44,574
^*	LINE Corp.		906,246		44,330
	Coca-Cola Bottlers Japan Holdings Inc.		2,468,519		44,201
	Nankai Electric Railway Co. Ltd.		1,966,709		43,905
	Lawson Inc.		842,680		43,802
	Hitachi Construction Machinery Co. Ltd.		1,861,396		43,673
	Air Water Inc.		3,225,247		43,482
	Fukuoka Financial Group Inc.		3,008,094		42,975
	Sega Sammy Holdings Inc.		3,538,811		42,865
	Sumitomo Heavy Industries Ltd.		1,998,981		42,127
	Japan Post Insurance Co. Ltd.		3,293,634		42,082
	NET One Systems Co. Ltd.		1,445,559		41,672
	Taiheiyo Cement Corp.		2,105,202		41,327
	ANA Holdings Inc.		1,944,180		41,314
	Cosmos Pharmaceutical Corp.		153,676		41,137
	House Foods Group Inc.		1,296,456		40,832
	NOF Corp.		1,228,856		40,720
	Calbee Inc.		1,343,410		40,648
	Sumitomo Dainippon Pharma Co. Ltd.		2,934,624		40,602
	Shinsei Bank Ltd.		3,352,394		40,440
	Ezaki Glico Co. Ltd.		913,231		40,109
	Relo Group Inc.		1,846,774		40,006
	Daicel Corp.		4,908,832		39,847
	Sundrug Co. Ltd.		1,159,365		39,695
	Yamazaki Baking Co. Ltd.		2,244,197		39,686
	Kawasaki Heavy Industries Ltd.		2,605,671		39,372
	Tokyo Tatemono Co. Ltd.		3,492,862		39,283
	Taiyo Nippon Sanso Corp.		2,521,745		39,114
	Mitsubishi Gas Chemical Co. Inc.		3,183,587		39,002
	Kewpie Corp.		1,949,799		38,719
	Mebuki Financial Group Inc.		18,148,492		38,124
	Sugi Holdings Co. Ltd.		630,961		38,048
	Mitsubishi UFJ Lease & Finance Co. Ltd.		7,882,670		37,640
	Sawai Pharmaceutical Co. Ltd.		687,709		37,552
	Kinden Corp.		2,329,162		37,479
^{^}	Nippon Yusen KK		2,831,404		37,271
	Benesse Holdings Inc.		1,306,340		37,201
^��	Ebara Corp.		1,678,618		37,008
	Isetan Mitsukoshi Holdings Ltd.		6,067,325		36,910
	Justsystems Corp.		601,939		36,810
	Horiba Ltd.		694,231		36,734
	Denka Co. Ltd.		1,517,906		36,672
	Aozora Bank Ltd.		2,053,867		36,551
	JGC Holdings Corp.		3,778,671		36,490

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	TechnoPro Holdings Inc.		633,777		36,104
	Sotetsu Holdings Inc.		1,406,761		36,070
	Kagome Co. Ltd.		1,411,772		36,054
	Alps Alpine Co. Ltd.		3,468,722		35,778
	J Front Retailing Co. Ltd.		4,297,379		35,058
	Japan Airlines Co. Ltd.		1,947,137		34,733
	DIC Corp.		1,493,055		34,672
	Sankyu Inc.		900,764		34,614
	Kaken Pharmaceutical Co. Ltd.		627,630		34,546
	SHO-BOND Holdings Co. Ltd.		850,497		34,133
^{^}	Mitsui OSK Lines Ltd.		1,958,317		33,966
	K's Holdings Corp.		3,114,327		33,929
	Persol Holdings Co. Ltd.		2,944,005		33,858
	Iida Group Holdings Co. Ltd.		2,524,159		33,527
	Goldwin Inc.		622,417		33,509
	Tsumura & Co.		1,210,533		33,486
	Zensho Holdings Co. Ltd.		1,700,032		33,464
	SCSK Corp.		737,956		33,407
	Hitachi Metals Ltd.		3,453,497		33,277
^{^}	Nishi-Nippon Railroad Co. Ltd.		1,355,748		33,185
	Nihon Unisys Ltd.		1,142,270		33,035
	Seino Holdings Co. Ltd.		2,772,959		33,012
	Japan Airport Terminal Co. Ltd.		813,202		32,977
	Nomura Real Estate Holdings Inc.		2,015,901		32,779
	Seven Bank Ltd.		12,060,406		32,694
	Sumitomo Rubber Industries Ltd.		3,324,904		32,273
	Ube Industries Ltd.		1,922,468		32,239
	SCREEN Holdings Co. Ltd.		662,766		32,011
	Mitsubishi Motors Corp.		11,188,256		31,706
	Ship Healthcare Holdings Inc.		695,238		31,443
	Kamigumi Co. Ltd.		1,784,599		31,419
	FP Corp.		413,610		31,201
	Credit Saison Co. Ltd.		2,720,861		30,901
	Konica Minolta Inc.		7,908,623		30,603
	Sumitomo Forestry Co. Ltd.		2,449,330		30,259
	Park24 Co. Ltd.		1,926,067		30,241
	Tokyo Ohka Kogyo Co. Ltd.		695,998		29,934
	Sharp Corp.		2,710,468		29,837
	Morinaga & Co. Ltd.		723,664		29,739
	PALTAC Corp.		565,670		29,542
	JTEKT Corp.		4,017,957		29,434
	Nifco Inc.		1,523,314		29,413
	Nippon Kayaku Co. Ltd.		3,024,546		29,259
	Rengo Co. Ltd.		3,717,343		28,961
^{^}	Kyushu Financial Group Inc.		6,846,330		28,882
	Fancl Corp.		1,190,779		28,547
	Morinaga Milk Industry Co. Ltd.		732,931		28,407
	Asics Corp.		2,994,006		28,390
	Hachijuni Bank Ltd.		7,948,974		28,385
	Hino Motors Ltd.		4,730,851		28,143
	Tokyo Century Corp.		822,156		28,105
	Mabuchi Motor Co. Ltd.		907,188		28,091
	Koei Tecmo Holdings Co. Ltd.		1,062,647		27,954
	Sanwa Holdings Corp.		3,602,235		27,952
	Kaneka Corp.		1,080,011		27,935
	ZOZO Inc.		1,730,968		27,930
^{^}	Tokai Carbon Co. Ltd.		3,366,751		27,842
^*	Ain Holdings Inc.		493,816		27,700
	Nippon Shokubai Co. Ltd.		585,080		27,631
	Penta-Ocean Construction Co. Ltd.		5,430,330		27,433
	Aeon Mall Co. Ltd.		2,153,120		27,066
	Acom Co. Ltd.		6,675,327		26,970
	Chugoku Bank Ltd.		2,928,011		26,961
	Aica Kogyo Co. Ltd.		931,950		26,856

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Toyo Seikan Group Holdings Ltd.		2,641,624		26,799
	Sushiro Global Holdings Ltd.		1,737,312		26,795
	TS Tech Co. Ltd.		979,760		26,566
	IHI Corp.		2,134,337		26,454
	Mitsubishi Logistics Corp.		1,191,316		26,303
	Amano Corp.		1,259,528		25,860
	Nippon Paper Industries Co. Ltd.		1,808,775		25,830
	Tokuyama Corp.		1,223,356		25,813
	Zenkoku Hosho Co. Ltd.		880,408		25,653
	Infomart Corp.		3,696,092		25,520
	Iwatani Corp.		744,067		25,419
	Iyo Bank Ltd.		4,691,154		25,132
	Toyoda Gosei Co. Ltd.		1,348,678		25,119
	Maruichi Steel Tube Ltd.		1,110,007		24,958
	Bic Camera Inc.		2,668,382		24,703
	Shimamura Co. Ltd.		389,810		24,576
	Fuji Corp.		1,467,617		24,573
	Nipro Corp.		2,187,445		24,466
	NOK Corp.		2,095,315		24,402
	Yaoko Co. Ltd.		393,176		24,371
	JCR Pharmaceuticals Co. Ltd.		250,258		23,971
	Toda Corp.		4,115,279		23,906
^{^}	Mani Inc.		1,071,658		23,869
	Yokohama Rubber Co. Ltd.		1,875,654		23,856
	Miraca Holdings Inc.		950,559		23,802
	ABC-Mart Inc.		465,883		23,676
	Gunma Bank Ltd.		7,380,291		23,629
	GMO internet Inc.		1,083,589		23,585
	Pola Orbis Holdings Inc.		1,310,854		23,393
	Sankyo Co. Ltd.		851,195		23,371
^{^}	Yoshinoya Holdings Co. Ltd.		1,128,722		23,326
	Ulvac Inc.		845,403		23,302
^{^}	Nitto Boseki Co. Ltd.		492,414		23,288
	Yamaguchi Financial Group Inc.		4,313,492		23,247
	Takashimaya Co. Ltd.		2,570,485		23,230
	Takara Holdings Inc.		3,155,313		23,221
	Zeon Corp.		2,639,170		23,125
	Open House Co. Ltd.		1,056,576		23,031
	Glory Ltd.		1,015,107		22,814
	DeNA Co. Ltd.		1,845,893		22,723
	Hazama Ando Corp.		3,626,709		22,586
	Tokyo Seimitsu Co. Ltd.		697,152		22,551
	Dowa Holdings Co. Ltd.		814,183		22,519
	Sapporo Holdings Ltd.		1,168,516		22,244
	Shikoku Electric Power Co. Inc.		2,862,384		22,125
	Kyudenko Corp.		783,892		21,978
	Kusuri no Aoki Holdings Co. Ltd.		279,163		21,960
	Sumitomo Osaka Cement Co. Ltd.		672,144		21,872
^{^}	Hiroshima Bank Ltd.		5,263,775		21,870
	Daido Steel Co. Ltd.		662,153		21,868
	Daiichikosho Co. Ltd.		726,686		21,811
	Ushio Inc.		2,058,942		21,711
	Lintec Corp.		1,009,933		21,673
	Nippon Gas Co. Ltd.		656,814		21,661
	Nagase & Co. Ltd.		1,796,789		21,613
	Hokuriku Electric Power Co.		3,167,898		21,351
	Inaba Denki Sangyo Co. Ltd.		1,003,720		21,234
	Toyo Tire Corp.		1,808,996		21,182
	Furukawa Electric Co. Ltd.		1,121,814		21,115
	Nippon Electric Glass Co. Ltd.		1,447,621		21,089
	Meitec Corp.		477,426		21,080
	Nippo Corp.		935,743		21,044
	AEON Financial Service Co. Ltd.		2,022,384		21,031
	Izumi Co. Ltd.		716,348		20,969

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Nichias Corp.		1,050,284		20,880
	Digital Garage Inc.		578,805		20,738
	ADEKA Corp.		1,645,162		20,659
	Takasago Thermal Engineering Co. Ltd.		1,307,439		20,609
	Nippon Suisan Kaisha Ltd.		4,619,803		20,556
	Toho Holdings Co. Ltd.		989,875		20,500
	GS Yuasa Corp.		1,439,104		20,451
	Jeol Ltd.		688,413		20,355
	OKUMA Corp.		530,575		20,005
	Daiwabo Holdings Co. Ltd.		324,387		19,984
	NHK Spring Co. Ltd.		3,013,338		19,939
	SMS Co. Ltd.		908,386		19,799
	Wacoal Holdings Corp.		980,246		19,770
	Shochiku Co. Ltd.		180,340		19,660
	Pilot Corp.		585,680		19,622
	Toyobo Co. Ltd.		1,675,790		19,521
	Fuji Oil Holdings Inc.		834,088		19,459
	Nishimatsu Construction Co. Ltd.		1,024,434		19,398
	As One Corp.		216,712		19,360
	Duskin Co. Ltd.		747,767		19,323
^{^}	Daio Paper Corp.		1,411,791		19,264
	Benefit One Inc.		1,091,948		19,170
	Maeda Corp.		2,389,079		19,164
	Shiga Bank Ltd.		813,562		19,162
	Ariake Japan Co. Ltd.		331,892		19,140
	Menicon Co. Ltd.		439,165		19,060
	Cosmo Energy Holdings Co. Ltd.		1,261,109		18,946
	Toagosei Co. Ltd.		2,062,818		18,873
	Mirait Holdings Corp.		1,458,182		18,836
	Nisshinbo Holdings Inc.		2,668,564		18,606
	OSG Corp.		1,431,631		18,600
	Shimachu Co. Ltd.		743,328		18,564
	Hitachi Transport System Ltd.		756,109		18,352
	Fukuyama Transporting Co. Ltd.		528,147		18,303
	Fujitec Co. Ltd.		1,281,968		18,287
	Keihin Corp.		757,990		18,081
	Showa Corp.		857,407		18,017
	Jafco Co. Ltd.		561,938		18,001
	Hokuhoku Financial Group Inc.		2,210,227		17,959
	Kandenko Co. Ltd.		2,144,550		17,946
	Takara Bio Inc.		803,512		17,930
	Kokuyo Co. Ltd.		1,466,188		17,925
	Nippon Light Metal Holdings Co. Ltd.		11,306,702		17,807
^{^}	Kobe Bussan Co. Ltd.		368,054		17,780
	Megmilk Snow Brand Co. Ltd.		778,716		17,768
	Mitsui Mining & Smelting Co. Ltd.		944,413		17,620
	Systena Corp.		1,252,396		17,607
	NEC Networks & System Integration Corp.		408,664		17,586
	TOKAI Holdings Corp.		1,921,929		17,370
	Internet Initiative Japan Inc.		508,027		17,365
	Heiwa Corp.		1,029,557		17,336
	Fujitsu General Ltd.		1,040,482		17,226
	DMG Mori Co. Ltd.		1,684,189		17,220
	Heiwa Real Estate Co. Ltd.		639,004		17,158
	Kenedix Inc.		3,782,896		17,095
	Canon Marketing Japan Inc.		885,464		17,042
	Citizen Watch Co. Ltd.		4,806,763		16,965
	Nikkon Holdings Co. Ltd.		870,111		16,895
	Sakata Seed Corp.		522,868		16,892
	Mochida Pharmaceutical Co. Ltd.		431,706		16,891
^*	Kobe Steel Ltd.		5,043,672		16,869
	NSD Co. Ltd.		1,184,162		16,768
	DCM Holdings Co. Ltd.		1,705,339		16,663
	CKD Corp.		983,720		16,400

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Tadano Ltd.		2,134,524		16,282
	Kumagai Gumi Co. Ltd.		740,556		16,226
	Fuyo General Lease Co. Ltd.		322,670		16,133
^{^}	Sanrio Co. Ltd.		1,086,136		16,130
	Nihon Parkerizing Co. Ltd.		1,567,499		16,041
	Trusco Nakayama Corp.		737,890		15,962
	77 Bank Ltd.		1,190,990		15,881
	cocokara fine Inc.		334,015		15,753
	Toei Co. Ltd.		126,426		15,702
	Asahi Holdings Inc.		693,156		15,663
	Senko Group Holdings Co. Ltd.		1,915,800		15,613
	Topcon Corp.		1,891,724		15,533
	Nishi-Nippon Financial Holdings Inc.		2,656,775		15,505
	Oki Electric Industry Co. Ltd.		1,610,732		15,494
	Elecom Co. Ltd.		392,650		15,485
	Maruha Nichiro Corp.		734,391		15,369
	Toyota Boshoku Corp.		1,224,460		15,287
	Japan Material Co. Ltd.		1,047,103		15,158
	Katitas Co. Ltd.		867,432		15,139
	Kanematsu Corp.		1,535,111		15,133
	Kiyo Bank Ltd.		1,019,343		15,063
	Daishi Hokuetsu Financial Group Inc.		687,250		14,934
	Hitachi Capital Corp.		771,727		14,926
	Sumitomo Bakelite Co. Ltd.		576,808		14,898
	Takuma Co. Ltd.		1,371,872		14,832
	Shinko Electric Industries Co. Ltd.		1,187,485		14,822
^{*,^}	Kawasaki Kisen Kaisha Ltd.		1,502,139		14,778
	NS Solutions Corp.		583,479		14,738
	Toshiba TEC Corp.		450,948		14,684
	Kureha Corp.		363,409		14,657
	JINS Holdings Inc.		277,043		14,614
	San-A Co. Ltd.		360,598		14,527
	Milbon Co. Ltd.		329,654		14,469
	Japan Elevator Service Holdings Co. Ltd.		568,322		14,454
	Fujikura Ltd.		4,896,849		14,398
	NTN Corp.		7,487,964		14,362
	DTS Corp.		748,945		14,354
	Japan Lifeline Co. Ltd.		1,220,272		14,350
	Daiseki Co. Ltd.		641,698		14,177
	EDION Corp.		1,619,326		14,076
	Japan Steel Works Ltd.		1,142,711		14,029
	Matsui Securities Co. Ltd.		1,920,443		14,018
	Sangetsu Corp.		940,357		13,995
	Autobacs Seven Co. Ltd.		1,197,515		13,984
	Nissin Kogyo Co. Ltd.		672,875		13,961
	Yamato Kogyo Co. Ltd.		706,546		13,866
	Paramount Bed Holdings Co. Ltd.		335,056		13,822
	Fuji Soft Inc.		390,177		13,735
^{^}	Colowide Co. Ltd.		983,473		13,543
	Fuji Seal International Inc.		778,613		13,516
	Kotobuki Spirits Co. Ltd.		343,683		13,424
	KYORIN Holdings Inc.		644,744		13,398
	Tomy Co. Ltd.		1,657,508		13,387
	BayCurrent Consulting Inc.		235,607		13,352
	Arcs Co. Ltd.		710,811		13,337
	San-In Godo Bank Ltd.		2,529,251		13,268
	Taikisha Ltd.		455,070		13,253
	Awa Bank Ltd.		607,171		13,211
	Ogaki Kyoritsu Bank Ltd.		641,200		13,083
	Nisshin Oillio Group Ltd.		396,954		13,054
	Hogy Medical Co. Ltd.		416,839		13,034
	Hokkaido Electric Power Co. Inc.		3,400,257		13,012
	Tsubakimoto Chain Co.		554,913		12,997
	Nippon Flour Mills Co. Ltd.		818,607		12,887

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

			Shares		Market Value ($000		)
	Kumiai Chemical Industry Co. Ltd.			1,595,088		12,874
	Mizuho Leasing Co. Ltd.			669,360		12,869
	Okumura Corp.			602,998		12,866
	Noevir Holdings Co. Ltd.			274,406		12,854
^{^}	H2O Retailing Corp.			1,631,745		12,798
	Resorttrust Inc.			1,237,900		12,692
	Ichibanya Co. Ltd.			305,315		12,682
	Okinawa Electric Power Co. Inc.			690,102		12,585
	Earth Corp.			216,129		12,536
	Itoham Yonekyu Holdings Inc.			2,154,288		12,498
	Mandom Corp.			650,229		12,495
	ZERIA Pharmaceutical Co. Ltd.			641,768		12,468
	Kohnan Shoji Co. Ltd.			536,562		12,453
^{^}	Atom Corp.			1,576,903		12,325
	Orient Corp.			10,770,817		12,320
	Valor Holdings Co. Ltd.			655,840		12,181
^{^}	Zojirushi Corp.			828,287		12,090
	OBIC Business Consultants Co. Ltd.			268,908		12,024
	Anicom Holdings Inc.			322,966		11,923
	Kissei Pharmaceutical Co. Ltd.			501,979		11,903
	Kanamoto Co. Ltd.			613,166		11,890
	en-japan Inc.			538,867		11,878
	Toyo Ink SC Holdings Co. Ltd.			623,885		11,867
	Sumitomo Mitsui Construction Co. Ltd.			2,867,141		11,831
	Nippon Soda Co. Ltd.			460,898		11,826
	Joyful Honda Co. Ltd.			970,028		11,811
	Maruwa Co. Ltd.			167,195		11,793
^{^}	Fuji Kyuko Co. Ltd.			406,474		11,728
	Tokyo Dome Corp.			1,604,219		11,720
	MOS Food Services Inc.			458,425		11,543
	Create SD Holdings Co. Ltd.			404,884		11,536
	Shinmaywa Industries Ltd.			1,132,039		11,497
	KH Neochem Co. Ltd.			665,265		11,493
	Funai Soken Holdings Inc.			535,292		11,407
	Suruga Bank Ltd.			3,274,892		11,379
	ASKUL Corp.			398,331		11,373
	Taiyo Holdings Co. Ltd.			277,093		11,331
	Central Glass Co. Ltd.			660,695		11,323
	Hanwa Co. Ltd.			704,485		11,192
	Totetsu Kogyo Co. Ltd.			432,563		11,179
	Kadokawa Corp.			776,806		11,169
	Nichi-iko Pharmaceutical Co. Ltd.			858,652		11,164
	Prima Meat Packers Ltd.			490,187		11,115
	Showa Sangyo Co. Ltd.			370,136		11,084
	Hokkoku Bank Ltd.	��		372,133		11,061
	Hitachi Zosen Corp.			3,334,598		11,033
	Heiwado Co. Ltd.			643,683		10,970
	Meidensha Corp.			705,536		10,938
	TKC Corp.			221,163		10,922
	Japan Aviation Electronics Industry Ltd.			839,058		10,885
	Prestige International Inc.			1,388,870		10,849
	Kato Sangyo Co. Ltd.			318,218		10,794
	Maruwa Unyu Kikan Co. Ltd.			370,662		10,793
^{^}	Maeda Road Construction Co. Ltd.			581,995		10,775
	Japan Petroleum Exploration Co. Ltd.			626,156		10,762
	Komeri Co. Ltd.			553,730		10,755
	Takara Standard Co. Ltd.			728,457		10,736
	Tokyo Steel Manufacturing Co. Ltd.			1,684,756		10,726
^*	Aiful Corp.			4,854,661		10,697
	Kintetsu World Express Inc.			734,740		10,695
	Tokai Rika Co. Ltd.			834,121		10,626
	Nanto Bank Ltd.			502,379		10,536
	Makino Milling Machine Co. Ltd.			368,837		10,515
	Macnica Fuji Electronics Holdings Inc.			766,070		10,428

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Aeon Delight Co. Ltd.		362,373		10,378
	Hokuetsu Corp.		2,626,967		10,374
	GungHo Online Entertainment Inc.		665,152		10,315
	ARTERIA Networks Corp.		519,179		10,291
	Mitsubishi Logisnext Co. Ltd.		1,097,304		10,208
	Ohsho Food Service Corp.		191,794		10,204
	Nippon Densetsu Kogyo Co. Ltd.		518,652		10,109
	Tokyo Broadcasting System Holdings Inc.		653,533		10,104
	Sumitomo Warehouse Co. Ltd.		879,175		10,036
	BML Inc.		390,613		10,021
	Digital Arts Inc.		166,175		10,010
	Giken Ltd.		273,888		10,003
	Kansai Mirai Financial Group Inc.		2,953,718		9,931
^{^}	Ichigo Inc.		3,872,071		9,916
^{^}	Kyoritsu Maintenance Co. Ltd.		408,516		9,855
	Nomura Co. Ltd.		1,293,453		9,798
^{^}	Tri Chemical Laboratories Inc.		110,049		9,778
	Starts Corp. Inc.		504,759		9,765
	Fuji Media Holdings Inc.		978,021		9,715
	Bank of Okinawa Ltd.		325,601		9,649
	Information Services International-Dentsu Ltd.		224,150		9,511
	Okamura Corp.		1,314,505		9,500
	Eiken Chemical Co. Ltd.		544,770		9,487
	Takeuchi Manufacturing Co. Ltd.		659,687		9,480
	Eizo Corp.		315,768		9,470
	Raito Kogyo Co. Ltd.		756,925		9,413
	Strike Co. Ltd.		232,679		9,409
	Kameda Seika Co. Ltd.		196,114		9,405
	Towa Pharmaceutical Co. Ltd.		454,214		9,365
	Hosiden Corp.		1,096,155		9,355
^{^}	Round One Corp.		1,141,657		9,348
	United Super Markets Holdings Inc.		948,500		9,320
	Seiko Holdings Corp.		559,765		9,294
	IR Japan Holdings Ltd.		154,504		9,246
	Life Corp.		296,814		9,218
	Juroku Bank Ltd.		524,661		9,217
	Max Co. Ltd.		620,360		9,212
	Morita Holdings Corp.		597,739		9,185
	Hyakugo Bank Ltd.		3,165,337		9,181
	Iriso Electronics Co. Ltd.		328,876		9,165
	Nippon Signal Company Ltd.		983,365		9,142
	Nojima Corp.		526,464		9,125
	Nagaileben Co. Ltd.		371,897		9,059
	Fuso Chemical Co. Ltd.		305,775		9,056
	Tokyotokeiba Co. Ltd.		274,122		9,033
	Daihen Corp.		316,958		9,024
	KOMEDA Holdings Co. Ltd.		593,572		9,019
	Okamoto Industries Inc.		224,502		9,006
	Infocom Corp.		375,338		8,988
^{*,^}	Leopalace21 Corp.		4,043,157		8,982
	Saizeriya Co. Ltd.		452,588		8,972
	Yokogawa Bridge Holdings Corp.		510,663		8,963
	Fujimi Inc.		323,072		8,962
	Gunze Ltd.		261,474		8,863
	Arata Corp.		213,642		8,823
	Ryoyo Electro Corp.		392,419		8,811
	Japan Wool Textile Co. Ltd.		1,000,973		8,772
	San-Ai Oil Co. Ltd.		863,837		8,770
	Cybozu Inc.		451,822		8,749
	Nachi-Fujikoshi Corp.		302,349		8,744
^{^}	eGuarantee Inc.		496,646		8,725
	Ringer Hut Co. Ltd.		434,112		8,694
^{^}	Create Restaurants Holdings Inc.		1,575,466		8,690
^*	Descente Ltd.		651,233		8,671

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Sekisui Jushi Corp.		425,783		8,657
	Sanken Electric Co. Ltd.		413,634		8,621
	Saibu Gas Co. Ltd.		346,909		8,603
	Transcosmos Inc.		430,605		8,592
	Seiren Co. Ltd.		722,418		8,553
^{^}	Toridoll Holdings Corp.		743,780		8,492
	Yokowo Co. Ltd.		376,038		8,486
	Tocalo Co. Ltd.		861,186		8,478
^*	KYB Corp.		419,200		8,430
	Nikkiso Co. Ltd.		1,083,044		8,427
	JCU Corp.		359,354		8,406
^{^}	Comture Corp.		417,304		8,402
	Mitsubishi Pencil Co. Ltd.		671,213		8,401
	Keiyo Bank Ltd.		1,714,186		8,355
	Topre Corp.		722,003		8,352
	North Pacific Bank Ltd.		4,659,069		8,346
	Yamazen Corp.		983,579		8,271
	Nichiha Corp.		452,263		8,261
	Nippon Steel Trading Corp.		262,085		8,257
	FCC Co. Ltd.		578,551		8,232
	Ryosan Co. Ltd.		374,226		8,183
^{^}	Tsugami Corp.		942,237		8,138
^{^}	Miroku Jyoho Service Co. Ltd.		321,407		8,104
	Outsourcing Inc.		1,712,204		8,094
	Kitz Corp.		1,319,428		8,094
	Wacom Co. Ltd.		2,320,156		8,068
^*	RENOVA Inc.		801,064		8,045
	Kisoji Co. Ltd.		366,287		8,031
	Shima Seiki Manufacturing Ltd.		532,923		8,021
	Inabata & Co. Ltd.		721,531		8,003
^{^}	Royal Holdings Co. Ltd.		483,951		7,972
	Shibaura Machine Co. Ltd.		404,715		7,962
	Belc Co. Ltd.		136,337		7,956
	Tokai Tokyo Financial Holdings Inc.		3,741,329		7,949
	Shibuya Corp.		322,722		7,943
	Chudenko Corp.		391,245		7,912
	Okasan Securities Group Inc.		2,608,866		7,889
^{*,^}	Token Corp.		114,707		7,875
	Doutor Nichires Holdings Co. Ltd.		519,732		7,866
	eRex Co. Ltd.		563,374		7,848
	Axial Retailing Inc.		206,234		7,827
	Nissan Shatai Co. Ltd.		976,226		7,815
	Sato Holdings Corp.		377,127		7,755
	UACJ Corp.		475,802		7,754
	Shizuoka Gas Co. Ltd.		849,051		7,629
	Nippon Seiki Co. Ltd.		707,321		7,611
	MCJ Co. Ltd.		1,146,080		7,603
	Raiznext Corp.		687,122		7,603
	Sanki Engineering Co. Ltd.		673,788		7,597
	Dip Corp.		354,716		7,570
	Rorze Corp.		183,272		7,541
	Exedy Corp.		467,658		7,535
	Kurabo Industries Ltd.		328,845		7,529
	Solasto Corp.		735,775		7,494
	SKY Perfect JSAT Holdings Inc.		1,989,466		7,479
^*	Mitsui E&S Holdings Co. Ltd.		1,319,309		7,454
	S-Pool Inc.		1,087,205		7,430
	SAMTY Co. Ltd.		568,660		7,357
	Shoei Co. Ltd.		385,240		7,328
^*	Optim Corp.		369,090		7,312
	METAWATER Co. Ltd.		183,677		7,305
	TOMONY Holdings Inc.		2,176,338		7,291
	Sakai Moving Service Co. Ltd.		138,286		7,272
	Relia Inc.		688,796		7,261

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Nitto Kogyo Corp.		430,332		7,250
	Ai Holdings Corp.		585,483		7,233
	Keihanshin Building Co. Ltd.		558,889		7,215
^{^}	Shoei Foods Corp.		196,700		7,168
	Argo Graphics Inc.		228,596		7,160
	Adastria Co. Ltd.		516,956		7,146
	Mitsuuroko Group Holdings Co. Ltd.		694,243		7,145
	Maxell Holdings Ltd.		776,120		7,140
	Aoyama Trading Co. Ltd.		842,810		7,120
	Nissin Electric Co. Ltd.		764,161		7,099
	Tokai Corp.		273,276		7,073
^{^}	Aruhi Corp.		610,218		7,054
	Organo Corp.		132,362		7,030
^{^}	COLOPL Inc.		854,570		6,983
^{^}	Taiko Pharmaceutical Co. Ltd.		455,556		6,978
^{^}	Kura Sushi Inc.		178,175		6,906
	Broadleaf Co. Ltd.		1,491,122		6,902
	Senshu Ikeda Holdings Inc.		4,419,450		6,899
	Daibiru Corp.		753,781		6,898
	Osaka Soda Co. Ltd.		301,506		6,879
	United Arrows Ltd.		441,286		6,878
	Noritake Co. Ltd.		209,706		6,868
	LIXIL VIVA Corp.		402,961		6,859
	Sanyo Chemical Industries Ltd.		174,001		6,855
	Geo Holdings Corp.		520,315		6,812
	Maeda Kosen Co. Ltd.		352,911		6,812
^{*,^}	euglena Co. Ltd.		1,195,350		6,805
	Fujimori Kogyo Co. Ltd.		230,220		6,773
	Nohmi Bosai Ltd.		335,479		6,752
	Uchida Yoko Co. Ltd.		152,954		6,709
	T Hasegawa Co. Ltd.		334,495		6,707
	NichiiGakkan Co. Ltd.		668,258		6,705
	T-Gaia Corp.		336,633		6,688
^{^}	Nishimatsuya Chain Co. Ltd.		844,730		6,683
	Nichicon Corp.		1,012,262		6,671
	Jaccs Co. Ltd.		398,914		6,622
	Hyakujushi Bank Ltd.		371,759		6,613
	Hamakyorex Co. Ltd.		241,914		6,613
	Idec Corp.		451,736		6,612
^{^}	Hirata Corp.		137,618		6,602
^{^}	HIS Co. Ltd.		501,201		6,599
	Chugoku Marine Paints Ltd.		862,139		6,592
	DyDo Group Holdings Inc.		165,261		6,534
	Restar Holdings Corp.		399,632		6,445
	Sanyo Denki Co. Ltd.		146,281		6,426
	Yodogawa Steel Works Ltd.		408,361		6,425
	Hiday Hidaka Corp.		416,280		6,421
	Marudai Food Co. Ltd.		351,135		6,406
	Chofu Seisakusho Co. Ltd.		291,308		6,378
^{^}	KFC Holdings Japan Ltd.		263,827		6,357
	Bell System24 Holdings Inc.		534,337		6,324
	Teikoku Sen-I Co. Ltd.		310,179		6,321
	Cawachi Ltd.		266,751		6,308
	Yellow Hat Ltd.		453,337		6,299
	Monex Group Inc.		3,210,527		6,292
	Yuasa Trading Co. Ltd.		232,941		6,268
	Gree Inc.		1,590,548		6,253
	Pacific Industrial Co. Ltd.		737,875		6,253
	Japan Securities Finance Co. Ltd.		1,326,060		6,241
	Toho Bank Ltd.		2,675,391		6,229
	Bunka Shutter Co. Ltd.		852,283		6,222
	S Foods Inc.		294,522		6,219
	Aida Engineering Ltd.		903,377		6,201
^{*,^}	Chiyoda Corp.		2,750,327		6,194

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Chubu Shiryo Co. Ltd.		402,798		6,175
	Trancom Co. Ltd.		93,115		6,167
	Musashino Bank Ltd.		488,305		6,150
	Plenus Co. Ltd.		372,881		6,107
^{*,^}	M&A Capital Partners Co. Ltd.		219,088		6,098
	Wakita & Co. Ltd.		661,859		6,098
	Noritz Corp.		547,481		6,090
	Optex Group Co. Ltd.		531,818		6,054
	Kanto Denka Kogyo Co. Ltd.		760,510		6,046
	Nippon Koei Co. Ltd.		211,181		6,045
	Sakata INX Corp.		676,863		6,044
	Tokyu Construction Co. Ltd.		1,168,840		6,043
	Star Micronics Co. Ltd.		546,402		6,032
	Computer Engineering & Consulting Ltd.		392,446		6,004
	Tsukishima Kikai Co. Ltd.		531,942		5,993
	ValueCommerce Co. Ltd.		291,300		5,969
	Nippon Ceramic Co. Ltd.		320,105		5,922
	Kanematsu Electronics Ltd.		173,926		5,898
	TV Asahi Holdings Corp.		395,634		5,873
	Pressance Corp.		569,686		5,830
	Musashi Seimitsu Industry Co. Ltd.		720,072		5,830
	Onward Holdings Co. Ltd.		1,835,044		5,741
	Nippon Carbon Co. Ltd.		185,445		5,687
	Aomori Bank Ltd.		268,568		5,674
	Yokohama Reito Co. Ltd.		671,745		5,670
	Toppan Forms Co. Ltd.		639,671		5,620
	Inageya Co. Ltd.		347,874		5,583
	Unipres Corp.		636,360		5,581
	Matsuyafoods Holdings Co. Ltd.		154,867		5,561
	Zenrin Co. Ltd.		526,219		5,547
	Nishio Rent All Co. Ltd.		269,387		5,547
	Oiles Corp.		426,747		5,520
	Torii Pharmaceutical Co. Ltd.		199,982		5,506
	Bank of Iwate Ltd.		235,305		5,504
	Konoike Transport Co. Ltd.		507,753		5,474
^{^}	Kitanotatsujin Corp.		1,148,007		5,454
	Seikagaku Corp.		542,300		5,371
	Bank of the Ryukyus Ltd.		574,828		5,366
	Pack Corp.		169,469		5,363
	Bank of Nagoya Ltd.		255,389		5,360
	Furukawa Co. Ltd.		523,602		5,352
	Yondoshi Holdings Inc.		329,967		5,348
	Piolax Inc.		359,010		5,345
	Daiho Corp.		255,210		5,343
	Ricoh Leasing Co. Ltd.		200,001		5,324
	Nippon Television Holdings Inc.		475,047		5,306
	Daito Pharmaceutical Co. Ltd.		157,426		5,299
	Fujicco Co. Ltd.		294,397		5,292
	Hokuto Corp.		294,786		5,281
	Tsurumi Manufacturing Co. Ltd.		298,138		5,214
	Komori Corp.		741,506		5,202
	Yamagata Bank Ltd.		441,373		5,202
	Joshin Denki Co. Ltd.		267,871		5,193
	Shikoku Chemicals Corp.		510,811		5,189
	Mitsui Sugar Co. Ltd.		259,795		5,183
^{*,^}	Nippon Sheet Glass Co. Ltd.		1,633,975		5,169
	EPS Holdings Inc.		496,951		5,168
	Mizuno Corp.		297,196		5,156
	Mitsui-Soko Holdings Co. Ltd.		379,718		5,145
	TSI Holdings Co. Ltd.		1,324,021		5,126
	Gakken Holdings Co. Ltd.		311,320		5,123
	Mitsubishi Shokuhin Co. Ltd.		202,236		5,104
	Maruzen Showa Unyu Co. Ltd.		217,001		5,088
	Japan Pulp & Paper Co. Ltd.		152,769		5,079

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Meisei Industrial Co. Ltd.		695,950		5,062
	Nitta Corp.		282,214		5,050
	Nippon Road Co. Ltd.		83,738		5,050
	Okuwa Co. Ltd.		371,149		5,049
	TPR Co. Ltd.		431,489		5,037
	Modec Inc.		355,109		5,032
	J-Oil Mills Inc.		131,742		5,029
	Monogatari Corp.		84,398		5,021
	Dexerials Corp.		763,469		5,013
^{*,^}	I'll Inc.		309,400		5,008
	Kyokuto Kaihatsu Kogyo Co. Ltd.		429,250		5,006
	Dai-Dan Co. Ltd.		199,731		4,994
	Mimasu Semiconductor Industry Co. Ltd.		257,353		4,983
	TOC Co. Ltd.		802,342		4,979
	Tonami Holdings Co. Ltd.		100,952		4,969
	Futaba Corp.		532,084		4,968
	Konishi Co. Ltd.		378,641		4,956
	Ryobi Ltd.		419,728		4,945
	TechMatrix Corp.		197,400		4,932
	Tamura Corp.		1,202,684		4,931
	Itochu Enex Co. Ltd.		663,738		4,928
	Zuken Inc.		217,640		4,902
	Tsubaki Nakashima Co. Ltd.		697,866		4,897
	ESPEC Corp.		305,624		4,888
	SBS Holdings Inc.		288,578		4,880
	Sintokogio Ltd.		705,358		4,876
	Optorun Co. Ltd.		179,465		4,875
^{*,^}	Raksul Inc.		213,300		4,859
	Kaga Electronics Co. Ltd.		268,623		4,857
	V Technology Co. Ltd.		140,346		4,844
	Sanshin Electronics Co. Ltd.		347,481		4,840
	Ehime Bank Ltd.		475,438		4,822
	Fukushima Galilei Co. Ltd.		163,604		4,812
	Riso Kagaku Corp.		358,148		4,808
	JVCKenwood Corp.		3,014,583		4,792
	Taihei Dengyo Kaisha Ltd.		233,936		4,785
	Hosokawa Micron Corp.		104,793		4,770
	Riken Keiki Co. Ltd.		247,656		4,769
^{^}	Obara Group Inc.		183,780		4,762
	Toyo Construction Co. Ltd.		1,188,647		4,747
	Nissha Co. Ltd.		648,412		4,735
	Aichi Steel Corp.		175,629		4,693
	San ju San Financial Group Inc.		328,939		4,690
	Fukui Bank Ltd.		320,011		4,688
	Vital KSK Holdings Inc.		461,128		4,673
	Tokushu Tokai Paper Co. Ltd.		123,835		4,671
	Siix Corp.		570,847		4,649
	Shin-Etsu Polymer Co. Ltd.		593,072		4,624
	Takasago International Corp.		217,969		4,621
^{^}	Yamashin-Filter Corp.		590,221		4,610
^{^}	Financial Products Group Co. Ltd.		971,486		4,608
	Ines Corp.		350,650		4,598
	Hibiya Engineering Ltd.		267,334		4,596
	Central Security Patrols Co. Ltd.		113,395		4,589
	JM Holdings Co. Ltd.		187,400		4,585
^{^}	Nextage Co. Ltd.		679,131		4,581
^{*,^}	Change Inc.		117,946		4,569
	Kyoei Steel Ltd.		358,749		4,559
	Starzen Co. Ltd.		111,346		4,546
^{^}	Fujio Food System Co. Ltd.		370,400		4,533
	Sodick Co. Ltd.		657,188		4,529
	Takara Leben Co. Ltd.		1,380,787		4,522
	Daiichi Jitsugyo Co. Ltd.		133,604		4,517
	Futaba Industrial Co. Ltd.		950,065		4,516

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^{^}	Fuji Co. Ltd.		279,589		4,465
	Tosei Corp.		459,078		4,455
	Nippon Kanzai Co. Ltd.		260,134		4,449
	Key Coffee Inc.		213,583		4,427
	Miyazaki Bank Ltd.		204,541		4,410
	Mitsui High-Tec Inc.		393,168		4,405
	FULLCAST Holdings Co. Ltd.		346,739		4,391
	Oita Bank Ltd.		217,918		4,341
	Sumitomo Densetsu Co. Ltd.		208,359		4,337
	Takamatsu Construction Group Co. Ltd.		211,125		4,334
	IDOM Inc.		1,082,424		4,333
	Media Do Holdings Co. Ltd.		112,938		4,329
	Pacific Metals Co. Ltd.		279,957		4,316
^{^}	Sourcenext Corp.		1,474,139		4,303
	Alpen Co. Ltd.		280,064		4,295
^{*,^}	BrainPad Inc.		87,300		4,274
	LEC Inc.		387,214		4,273
	Fujibo Holdings Inc.		159,150		4,255
^{*,^}	Japan Display Inc.		10,521,636		4,251
	Denki Kogyo Co. Ltd.		183,707		4,239
	Daikyonishikawa Corp.		854,915		4,235
	Mitsuboshi Belting Ltd.		305,602		4,184
	Canon Electronics Inc.		285,306		4,178
	Megachips Corp.		277,807		4,177
	EM Systems Co. Ltd.		567,000		4,177
	Micronics Japan Co. Ltd.		519,205		4,147
	Riken Vitamin Co. Ltd.		215,336		4,140
	Shin Nippon Air Technologies Co. Ltd.		198,191		4,116
	Denyo Co. Ltd.		216,044		4,068
	Dainichiseika Color & Chemicals Manufacturing Co. Ltd.		192,294		4,057
	Goldcrest Co. Ltd.		268,907		4,056
	Tamron Co. Ltd.		243,595		4,053
	Qol Holdings Co. Ltd.		366,273		4,049
	YAKUODO Holdings Co. Ltd.		169,449		4,014
	Okabe Co. Ltd.		571,340		4,010
	Sanyo Electric Railway Co. Ltd.		202,538		3,997
	Macromill Inc.		629,374		3,994
	Shikoku Bank Ltd.		512,463		3,977
	Doshisha Co. Ltd.		321,507		3,956
	Avex Inc.		520,889		3,943
	Kappa Create Co. Ltd.		319,051		3,922
	Hoosiers Holdings		693,249		3,909
	Sinfonia Technology Co. Ltd.		412,171		3,903
^{^}	Noritsu Koki Co. Ltd.		338,227		3,902
^{^}	Insource Co. Ltd.		177,500		3,893
	Future Corp.		293,615		3,885
	Nichiden Corp.		203,824		3,883
	LIFULL Co. Ltd.		1,265,814		3,866
	Elan Corp.		244,100		3,866
	PAL GROUP Holdings Co. Ltd.		330,144		3,862
	YAMABIKO Corp.		498,804		3,844
	Ichikoh Industries Ltd.		866,059		3,829
	Koa Corp.		462,021		3,825
^{^}	Kamakura Shinsho Ltd.		381,738		3,806
	Sinko Industries Ltd.		292,431		3,798
	Arcland Service Holdings Co. Ltd.		244,217		3,789
	Asahi Diamond Industrial Co. Ltd.		849,265		3,782
	Valqua Ltd.		227,359		3,781
	Shinko Shoji Co. Ltd.		465,928		3,757
^{^}	Toa Corp.		285,997		3,751
^{^}	Dai-ichi Seiko Co. Ltd.		174,466		3,701
	Nippon Thompson Co. Ltd.		1,071,678		3,700
	Nittetsu Mining Co. Ltd.		91,076		3,682
	Sakai Chemical Industry Co. Ltd.		219,680		3,680

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Bando Chemical Industries Ltd.		617,990		3,680
^*	KLab Inc.		541,604		3,665
	SWCC Showa Holdings Co. Ltd.		357,446		3,662
	Poletowin Pitcrew Holdings Inc.		442,558		3,656
	Aichi Bank Ltd.		124,893		3,651
	Tachi-S Co. Ltd.		416,527		3,644
	VT Holdings Co. Ltd.		1,316,642		3,619
	Tekken Corp.		183,003		3,617
	Rheon Automatic Machinery Co. Ltd.		319,710		3,617
^{^}	Akatsuki Inc.		96,271		3,610
	Sun Frontier Fudousan Co. Ltd.		453,135		3,600
^{^}	Nippon Yakin Kogyo Co. Ltd.		233,874		3,591
	Hioki EE Corp.		125,335		3,567
	Tachibana Eletech Co. Ltd.		258,965		3,559
^*	Intage Holdings Inc.		497,447		3,559
	Belluna Co. Ltd.		758,909		3,545
^*	Curves Holdings Co. Ltd.		739,688		3,543
	Tokyo Kiraboshi Financial Group Inc.		363,618		3,539
	Union Tool Co.		139,221		3,536
	OSJB Holdings Corp.		1,645,170		3,536
	Enplas Corp.		166,810		3,502
	Press Kogyo Co. Ltd.		1,419,811		3,499
^{^}	Sagami Holdings Corp.		304,807		3,496
	Sumitomo Seika Chemicals Co. Ltd.		127,107		3,486
	Anest Iwata Corp.		449,589		3,479
	Fujiya Co. Ltd.		185,159		3,476
	Nippon Prologis REIT Inc.		1,255		3,474
^{^}	Fixstars Corp.		345,655		3,468
	Kenko Mayonnaise Co. Ltd.		188,646		3,467
	Daido Metal Co. Ltd.		694,433		3,467
	Tayca Corp.		247,018		3,450
	Mie Kotsu Group Holdings Inc.		772,399		3,438
	Towa Corp.		397,877		3,437
	Sanyo Special Steel Co. Ltd.		392,787		3,430
	World Co. Ltd.		291,946		3,425
	Ishihara Sangyo Kaisha Ltd.		575,857		3,424
	Oyo Corp.		291,467		3,411
	Riken Corp.		127,807		3,409
	Foster Electric Co. Ltd.		312,631		3,400
	St. Marc Holdings Co. Ltd.		203,548		3,399
^{^}	OPT Holding Inc.		251,915		3,396
	Riso Kyoiku Co. Ltd.		1,427,210		3,391
	Nissei ASB Machine Co. Ltd.		125,987		3,390
	Daiwa Industries Ltd.		393,781		3,380
	Icom Inc.		137,187		3,380
	Advan Co. Ltd.		337,210		3,375
	Iino Kaiun Kaisha Ltd.		1,133,917		3,373
	Arcland Sakamoto Co. Ltd.		353,583		3,372
	Marusan Securities Co. Ltd.		877,857		3,343
	Chiyoda Co. Ltd.		348,625		3,340
	Koshidaka Holdings Co. Ltd.		767,687		3,333
	Tanseisha Co. Ltd.		514,809		3,302
	Sankyo Tateyama Inc.		399,464		3,293
	Daiken Corp.		221,185		3,289
	Topy Industries Ltd.		280,840		3,284
	KAWADA TECHNOLOGIES Inc.		70,326		3,282
^{^}	Stella Chemifa Corp.		150,074		3,273
	Toyo Tanso Co. Ltd.		238,236		3,272
	Kyosan Electric Manufacturing Co. Ltd.		688,289		3,263
	RS Technologies Co. Ltd.		135,270		3,259
	CONEXIO Corp.		240,805		3,239
	Kamei Corp.		330,250		3,235
	Genky DrugStores Co. Ltd.		141,363		3,222
	Alconix Corp.		313,382		3,219

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Halows Co. Ltd.		115,431		3,209
	AOKI Holdings Inc.		527,413		3,204
	Amuse Inc.		153,470		3,191
	Keiyo Co. Ltd.		596,520		3,186
^{^}	Matsuya Co. Ltd.		553,268		3,184
^{^}	SB Technology Corp.		127,900		3,176
	CI Takiron Corp.		577,955		3,142
	Dai Nippon Toryo Co. Ltd.		365,933		3,127
	Yorozu Corp.		295,383		3,123
	Nihon Chouzai Co. Ltd.		187,854		3,108
	Arakawa Chemical Industries Ltd.		262,036		3,106
	Yamanashi Chuo Bank Ltd.		415,512		3,095
	ES-Con Japan Ltd.		458,062		3,081
	G-Tekt Corp.		301,048		3,079
	Achilles Corp.		208,580		3,077
^{^}	Taki Chemical Co. Ltd.		63,146		3,077
	Toyo Corp.		323,351		3,075
	ASKA Pharmaceutical Co. Ltd.		296,587		3,067
	Pasona Group Inc.		307,592		3,055
	Japan Transcity Corp.		668,844		3,055
	Itochu-Shokuhin Co. Ltd.		69,399		3,054
	Tsukui Corp.		741,360		3,032
^{^}	Rock Field Co. Ltd.		250,205		3,029
	Fukui Computer Holdings Inc.		112,766		3,020
^*	Vision Inc.		436,839		3,010
^{*,^}	Atrae Inc.		126,173		3,001
	Feed One Co. Ltd.		1,921,852		2,996
	Nagatanien Holdings Co. Ltd.		145,466		2,992
	Toho Titanium Co. Ltd.		526,224		2,980
	Mitsubishi Research Institute Inc.		87,913		2,979
^{*,^}	RPA Holdings Inc.		450,303		2,977
^{*,^}	Vector Inc.		454,032		2,972
	Cosel Co. Ltd.		351,891		2,945
	Ministop Co. Ltd.		213,432		2,945
	CMK Corp.		760,079		2,933
	Daiwa House REIT Investment Corp.		1,212		2,933
	K&O Energy Group Inc.		199,509		2,932
	Komatsu Matere Co. Ltd.		419,725		2,930
	Toenec Corp.		96,410		2,923
	Kyokuyo Co. Ltd.		121,905		2,913
	Kanagawa Chuo Kotsu Co. Ltd.		77,270		2,907
^{^}	YA-MAN Ltd.		460,391		2,904
	Riken Technos Corp.		707,439		2,899
	Shindengen Electric Manufacturing Co. Ltd.		125,592		2,896
	Akita Bank Ltd.		215,034		2,883
	Nippon Chemi-Con Corp.		253,177		2,856
^*	Unitika Ltd.		951,580		2,853
	Fukuda Corp.		73,929		2,845
	Tenma Corp.		196,911		2,841
	Honeys Holdings Co. Ltd.		278,327		2,824
	Hochiki Corp.		214,891		2,818
	Sumitomo Riko Co. Ltd.		526,284		2,815
^*	OSAKA Titanium Technologies Co. Ltd.		324,137		2,814
	Yurtec Corp.		500,618		2,812
	Japan Medical Dynamic Marketing Inc.		192,525		2,804
	ZIGExN Co. Ltd.		957,702		2,792
	Nitto Kohki Co. Ltd.		159,616		2,784
	Nippon Parking Development Co. Ltd.		2,306,092		2,784
	Kurimoto Ltd.		167,587		2,779
	GLOBERIDE Inc.		155,523		2,773
	Kanaden Corp.		240,532		2,771
	Furuno Electric Co. Ltd.		371,960		2,768
^*	Toho Zinc Co. Ltd.		226,424		2,764
	Teikoku Electric Manufacturing Co. Ltd.		223,851		2,747

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	JDC Corp.		562,700		2,739
	Sinanen Holdings Co. Ltd.		106,780		2,735
	Towa Bank Ltd.		442,129		2,734
	Katakura Industries Co. Ltd.		283,884		2,731
	Yonex Co. Ltd.		625,142		2,731
	Hodogaya Chemical Co. Ltd.		84,223		2,730
^{^}	WATAMI Co. Ltd.		284,558		2,725
	G-7 Holdings Inc.		125,300		2,723
	Xebio Holdings Co. Ltd.		328,037		2,712
	Daikokutenbussan Co. Ltd.		65,975		2,704
	Godo Steel Ltd.		143,551		2,701
^{^}	Sanoh Industrial Co. Ltd.		414,586		2,680
	Tatsuta Electric Wire and Cable Co. Ltd.		551,918		2,679
	Alpha Systems Inc.		90,849		2,666
	Shinnihon Corp.		373,102		2,656
	Neturen Co. Ltd.		488,800		2,652
	BRONCO BILLY Co. Ltd.		138,594		2,647
	Osaki Electric Co. Ltd.		549,809		2,643
	JAC Recruitment Co. Ltd.		252,183		2,641
	Nichiban Co. Ltd.		186,269		2,603
	Chukyo Bank Ltd.		132,941		2,597
	Aisan Industry Co. Ltd.		489,374		2,595
	WDB Holdings Co. Ltd.		111,089		2,588
	Koatsu Gas Kogyo Co. Ltd.		379,296		2,588
	Industrial & Infrastructure Fund Investment Corp.		1,855		2,584
	FAN Communications Inc.		611,474		2,569
	Warabeya Nichiyo Holdings Co. Ltd.		176,364		2,566
	Yahagi Construction Co. Ltd.		346,951		2,563
	Kyodo Printing Co. Ltd.		99,441		2,560
	Juki Corp.		463,658		2,542
^*	Nippon Sharyo Ltd.		99,128		2,536
	Shibusawa Warehouse Co. Ltd.		121,888		2,536
	Eagle Industry Co. Ltd.		403,097		2,536
	PC Depot Corp.		501,715		2,511
	Nihon Nohyaku Co. Ltd.		624,018		2,497
^*	Nippon Denko Co. Ltd.		1,802,909		2,486
	Fudo Tetra Corp.		196,964		2,460
	Shinwa Co. Ltd.		147,967		2,453
^*	Mitsuba Corp.		577,430		2,427
	Aiphone Co. Ltd.		170,492		2,418
^{^}	J Trust Co. Ltd.		1,243,676		2,414
	Tsukuba Bank Ltd.		1,496,375		2,380
	Shimizu Bank Ltd.		140,272		2,365
	Aichi Corp.		352,677		2,362
	Toyo Kanetsu KK		133,244		2,360
	Chori Co. Ltd.		149,943		2,343
	Chiyoda Integre Co. Ltd.		142,891		2,326
	Krosaki Harima Corp.		66,053		2,324
^{^}	Link And Motivation Inc.		699,721		2,306
	Nissin Sugar Co. Ltd.		130,209		2,300
^*	Akebono Brake Industry Co. Ltd.		1,256,824		2,298
	Melco Holdings Inc.		98,789		2,295
^{^}	Kintetsu Department Store Co. Ltd.		94,956		2,291
	Iseki & Co. Ltd.		207,420		2,286
^{^}	PIA Corp.		82,372		2,242
	CMIC Holdings Co. Ltd.		155,380		2,237
	Fuji Pharma Co. Ltd.		206,763		2,233
	Nissin Corp.		151,049		2,219
	Sparx Group Co. Ltd.		1,386,300		2,219
^*	COOKPAD Inc.		726,794		2,208
	Weathernews Inc.		64,311		2,195
	Nippon Beet Sugar Manufacturing Co. Ltd.		140,228		2,192
	Kansai Super Market Ltd.		208,163		2,190
	Tosho Co. Ltd.		241,720		2,182

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Ichiyoshi Securities Co. Ltd.		514,530		2,154
	Gurunavi Inc.		402,469		2,146
^{^}	Asahi Co. Ltd.		178,620		2,146
	JSP Corp.		165,467		2,136
	ST Corp.		151,184		2,132
	Maezawa Kyuso Industries Co. Ltd.		115,444		2,130
	France Bed Holdings Co. Ltd.		260,327		2,127
	FIDEA Holdings Co. Ltd.		2,126,568		2,126
	Maezawa Kasei Industries Co. Ltd.		211,667		2,121
	Sumida Corp.		324,712		2,112
	Hisaka Works Ltd.		307,831		2,112
	Wowow Inc.		88,708		2,101
	Marvelous Inc.		420,282		2,095
	Moriroku Holdings Co. Ltd.		153,400		2,094
	Toa Corp.		313,410		2,082
^{^}	Onoken Co. Ltd.		195,513		2,081
	CTS Co. Ltd.		373,184		2,076
	Tochigi Bank Ltd.		1,404,572		2,026
	JP-Holdings Inc.		805,049		2,016
	ASAHI YUKIZAI Corp.		168,079		2,015
	Meiko Network Japan Co. Ltd.		276,767		2,011
	Ryoden Corp.		162,826		2,005
	Pronexus Inc.		199,337		2,003
	Studio Alice Co. Ltd.		148,173		1,995
	Matsuda Sangyo Co. Ltd.		162,677		1,990
	Mars Group Holdings Corp.		126,872		1,981
	GCA Corp.		328,099		1,976
	Jimoto Holdings Inc.		2,207,154		1,974
	Michinoku Bank Ltd.		193,349		1,970
^{^}	Kourakuen Holdings Corp.		144,793		1,965
^{^}	Shin Nippon Biomedical Laboratories Ltd.		338,731		1,962
	Hokkaido Gas Co. Ltd.		134,361		1,961
	World Holdings Co. Ltd.		147,153		1,950
	Kato Works Co. Ltd.		168,592		1,921
	Yomiuri Land Co. Ltd.		59,737		1,917
	Zuiko Corp.		46,215		1,896
	Happinet Corp.		192,256		1,895
	BeNEXT Group Inc.		301,180		1,882
	Itoki Corp.		621,625		1,877
	NS United Kaiun Kaisha Ltd.		140,452		1,876
^{*,^}	Gunosy Inc.		232,543		1,863
^{*,^}	Medical Data Vision Co. Ltd.		261,874		1,838
^*	W-Scope Corp.		557,206		1,834
	Sekisui Plastics Co. Ltd.		326,560		1,827
	Corona Corp. Class A		205,621		1,824
	Kasai Kogyo Co. Ltd.		392,286		1,823
^*	Open Door Inc.		201,512		1,787
	SMK Corp.		74,776		1,786
	Nihon Tokushu Toryo Co. Ltd.		221,017		1,763
	Roland DG Corp.		142,895		1,754
^{^}	Japan Best Rescue System Co. Ltd.		247,936		1,753
	SRA Holdings		87,688		1,749
	Hokkan Holdings Ltd.		123,517		1,749
	Sankyo Seiko Co. Ltd.		405,575		1,746
^{*,^}	Istyle Inc.		789,380		1,745
	Rokko Butter Co. Ltd.		131,550		1,743
	Taisei Lamick Co. Ltd.		71,125		1,725
	Nihon Trim Co. Ltd.		60,598		1,709
	Tokyo Electron Device Ltd.		67,313		1,702
	Elematec Corp.		223,611		1,700
	Torishima Pump Manufacturing Co. Ltd.		249,034		1,696
	Tomoku Co. Ltd.		117,704		1,689
	CAC Holdings Corp.		167,620		1,680
	Yushin Precision Equipment Co. Ltd.		271,460		1,675

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^{^}	Toho Co. Ltd.		103,261		1,659
^{^}	Aeon Fantasy Co. Ltd.		105,724		1,652
^{^}	Daisyo Corp.		147,664		1,648
	Chuetsu Pulp & Paper Co. Ltd.		131,026		1,642
	MTI Ltd.		320,141		1,641
	Artnature Inc.		258,437		1,628
	Tv Tokyo Holdings Corp.		72,015		1,603
	Tokyo Energy & Systems Inc.		236,862		1,601
	Hakuto Co. Ltd.		174,148		1,580
	Bank of Saga Ltd.		151,498		1,569
	Osaka Steel Co. Ltd.		142,741		1,561
	Fuso Pharmaceutical Industries Ltd.		77,596		1,560
	Kita-Nippon Bank Ltd.		86,793		1,560
	Proto Corp.		173,500		1,550
^{^}	Tokyo Individualized Educational Institute Inc.		301,192		1,510
	Central Sports Co. Ltd.		71,615		1,472
	Kitano Construction Corp.		60,478		1,458
	Mitsui Matsushima Holdings Co. Ltd.		186,734		1,449
	Chuo Spring Co. Ltd.		57,028		1,444
	Seika Corp.		138,796		1,444
	Okura Industrial Co. Ltd.		99,172		1,444
	Kitagawa Corp.		101,592		1,434
	Tsutsumi Jewelry Co. Ltd.		92,571		1,429
	NEC Capital Solutions Ltd.		81,979		1,426
	Fujitsu Frontech Ltd.		141,187		1,407
	Sanei Architecture Planning Co. Ltd.		126,502		1,404
	Sac's Bar Holdings Inc.		273,158		1,401
	Space Value Holdings Co. Ltd.		443,808		1,400
^{^}	Fujita Kanko Inc.		86,522		1,395
^{^}	Airtrip Corp.		154,074		1,384
	Gun-Ei Chemical Industry Co. Ltd.		57,964		1,383
^{^}	Toa Oil Co. Ltd.		84,268		1,382
	Kyokuto Securities Co. Ltd.		298,613		1,363
	Japan Cash Machine Co. Ltd.		265,007		1,351
	Kojima Co. Ltd.		366,775		1,334
	Namura Shipbuilding Co. Ltd.		779,503		1,334
	Chiba Kogyo Bank Ltd.		605,436		1,319
	Nisso Corp.		294,798		1,300
^{^}	Linical Co. Ltd.		157,320		1,282
	Yushiro Chemical Industry Co. Ltd.		120,366		1,276
^{^}	CHIMNEY Co. Ltd.		84,529		1,271
^{*,^}	KNT-CT Holdings Co. Ltd.		151,575		1,270
^{^}	Ohara Inc.		146,575		1,243
	Hito Communications Holdings Inc.		136,888		1,235
	Fuji Oil Co. Ltd.		715,197		1,225
	Mitsubishi Paper Mills Ltd.		340,939		1,204
	Toli Corp.		502,795		1,192
	Sanyo Shokai Ltd.		142,536		1,190
	Mitsui Fudosan Logistics Park Inc.		302		1,188
^*	Toyo Engineering Corp.		336,319		1,177
	Fujikura Kasei Co. Ltd.		253,903		1,171
	Shimojima Co. Ltd.		101,235		1,165
	Inaba Seisakusho Co. Ltd.		93,742		1,137
^*	Sanden Holdings Corp.		351,014		1,125
	Cleanup Corp.		232,828		1,118
	Takaoka Toko Co. Ltd.		128,864		1,113
	Tokyo Rakutenchi Co. Ltd.		28,776		1,079
	Gecoss Corp.		132,238		1,066
^{^}	Pepper Food Service Co. Ltd.		236,398		1,028
^*	FDK Corp.		215,887		1,019
^*	Mitsubishi Steel Manufacturing Co. Ltd.		139,514		1,002
^{^}	Ateam Inc.		144,104		945
	Nippon Coke & Engineering Co. Ltd.		1,820,854		941
	Paris Miki Holdings Inc.		376,197		932

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Funai Electric Co. Ltd.		221,600		917
	Jamco Corp.		147,759		898
^{^}	Takihyo Co. Ltd.		58,777		883
^{*,^}	Right On Co. Ltd.		201,295		883
^{^}	Takamiya Co. Ltd.		218,432		854
^{*,^}	Tokyo Rope Manufacturing Co. Ltd.		172,923		850
^{*,^}	Tokyo Base Co. Ltd.		316,906		849
	Airport Facilities Co. Ltd.		207,259		827
	Taiho Kogyo Co. Ltd.		169,769		817
	Daikoku Denki Co. Ltd.		73,852		799
^{*,^}	Aplus Financial Co. Ltd.		1,233,355		718
	Nakayama Steel Works Ltd.		202,414		709
	Maxvalu Tokai Co. Ltd.		32,700		678
^*	Tateru Inc.		607,232		630
	Sumitomo Precision Products Co. Ltd.		26,951		551
^{*,^}	Laox Co. Ltd.		377,859		512
	Fields Corp.		166,891		510
					64,597,413
Kuwait (0.2%)
	National Bank of Kuwait SAKP		112,935,707		270,803
	Kuwait Finance House KSCP		70,911,655		135,917
	Mobile Telecommunications Co. KSC		38,567,763		65,905
	Ahli United Bank BSC		91,261,059		57,611
^*	Agility Public Warehousing Co. KSC		16,563,047		34,280
	Gulf Bank KSCP		33,148,126		23,123
	Boubyan Bank KSCP		14,327,137		23,055
^*	Humansoft Holding Co. KSC		1,597,095		14,734
^*	Mabanee Co. SAK		6,522,680		13,305
	Boubyan Petrochemicals Co. KSCP		6,148,866		9,953
^*	Warba Bank KSCP		13,697,656		9,339
	National Industries Group Holding SAK		16,818,532		9,255
	Burgan Bank SAK		11,699,396		7,853
^*	Kuwait International Bank KSCP		10,391,616		6,090
	Kuwait Projects Co. Holding KSCP		9,221,320		5,086
	Integrated Holding Co. KCSC		2,389,630		3,238
^*	Alimtiaz Investment Group KSC		11,632,821		3,080
					692,627
Luxembourg (0.0%)
	Tenaris SA ADR		196,759		2,692

Malaysia (0.6%)
	Public Bank Bhd. (Local)		54,727,003		207,994
	Tenaga Nasional Bhd.		68,915,450		195,134
	Malayan Banking Bhd.		108,064,268		189,659
	CIMB Group Holdings Bhd.		127,306,023		101,791
	Sime Darby Plantation Bhd.		64,238,169		73,724
	Axiata Group Bhd.		78,266,935		71,362
	DiGi.Com Bhd.		62,585,480		67,226
	IHH Healthcare Bhd.		53,549,736		65,161
	Petronas Chemicals Group Bhd.		50,338,958		65,161
	Dialog Group Bhd.		81,924,059		63,251
	Maxis Bhd.		44,626,161		56,701
	IOI Corp. Bhd.		56,203,438		52,921
	Top Glove Corp. Bhd.		30,383,366		51,206
	MISC Bhd.		27,153,012		49,512
	Hartalega Holdings Bhd.		26,982,694		47,666
	Genting Bhd.		45,562,218		44,064
	Kuala Lumpur Kepong Bhd.		8,878,231		43,145
	PPB Group Bhd.		11,048,045		42,115
	Petronas Gas Bhd.		11,512,912		41,124
	Hong Leong Bank Bhd.		11,710,782		36,126
	Nestle Malaysia Bhd.		1,068,370		34,771
	RHB Bank Bhd.		28,395,769		31,249
	Gamuda Bhd.		40,985,312		30,549

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Genting Malaysia Bhd.		55,566,219		30,543
	Press Metal Aluminium Holdings Bhd.		32,136,994		29,263
	Sime Darby Bhd.		60,401,374		27,978
	QL Resources Bhd.		11,872,443		22,448
	Petronas Dagangan Bhd.		4,734,640		22,335
	AMMB Holdings Bhd.		31,424,520		21,706
	Malaysia Airports Holdings Bhd.		16,438,939		19,986
	IJM Corp. Bhd.		50,777,521		19,525
	Carlsberg Brewery Malaysia Bhd.		2,863,481		18,274
	Telekom Malaysia Bhd.		18,836,277		17,581
	Kossan Rubber Industries Bhd.		13,014,543		16,972
	HAP Seng Consolidated Bhd.		9,128,281		15,564
	Westports Holdings Bhd.		17,350,541		14,809
	Inari Amertron Bhd.		43,644,578		14,291
	Genting Plantations Bhd.		5,987,903		13,242
	YTL Corp. Bhd.		71,847,497		12,727
	Fraser & Neave Holdings Bhd.		1,697,808		12,486
	My EG Services Bhd.		40,689,981		11,948
	Yinson Holdings Bhd.		9,809,980		11,797
	Bursa Malaysia Bhd.		8,324,608		11,480
	Hong Leong Financial Group Bhd.		3,722,732		11,338
	IGB REIT		27,509,833		11,058
	Sunway REIT		26,742,314		9,742
	TIME dotCom Bhd.		4,211,528		9,575
^*	Supermax Corp. Bhd.		16,455,044		9,442
	Sunway Bhd.		25,191,740		9,149
	Sime Darby Property Bhd.		57,546,024		8,667
	Alliance Bank Malaysia Bhd.		18,084,653		8,173
	British American Tobacco Malaysia Bhd.		2,786,669		8,159
	Frontken Corp. Bhd.		15,304,300		7,880
	Malakoff Corp. Bhd.		37,598,813		7,571
	Serba Dinamik Holdings Bhd.		20,566,796		7,545
	KPJ Healthcare Bhd.		34,210,767		7,098
	IOI Properties Group Bhd.		29,973,995		7,071
^*	FGV Holdings Bhd.		31,820,250		6,243
	Berjaya Sports Toto Bhd.		11,424,506		6,142
	Scientex Bhd.		3,028,508		5,833
	AirAsia Group Bhd.		30,287,954		5,690
	Magnum Bhd.		10,737,290		5,480
¹	Astro Malaysia Holdings Bhd.		23,520,464		5,145
	DRB-Hicom Bhd.		14,211,317		4,630
	Malaysia Building Society Bhd.		30,204,884		4,443
	VS Industry Bhd.		20,719,898		4,422
	Malaysian Resources Corp. Bhd.		38,999,801		4,361
	Pavilion REIT		11,381,425		4,286
	SP Setia Bhd Group		21,388,278		4,009
	Axis REIT		8,618,700		3,907
	Pentamaster Corp. Bhd.		3,885,500		3,742
¹	Lotte Chemical Titan Holding Bhd.		8,609,847		3,380
	Bermaz Auto Bhd.		10,488,901		3,304
	Padini Holdings Bhd.		5,351,245		3,100
	Sunway Construction Group Bhd.		6,745,934		2,920
	Sapura Energy Bhd.		147,822,568		2,898
^*	Leong Hup International Bhd.		17,922,200		2,632
	AEON Credit Service M Bhd.		1,241,538		2,619
	Cahya Mata Sarawak Bhd.		7,493,570		2,391
^*	Berjaya Corp. Bhd.		51,156,355		2,312
^*	Bumi Armada Bhd.		59,311,405		2,270
^*	Velesto Energy Bhd.		61,563,712		2,076
^*	UEM Sunrise Bhd.		20,092,955		1,986
^*	WCT Holdings Bhd.		16,288,421		1,897
	Syarikat Takaful Malaysia Keluarga Bhd.		1,577,100		1,610
	Muhibbah Engineering M Bhd.		5,505,045		1,316
	Pos Malaysia Bhd.		5,817,990		1,169

Vanguard^®Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	AirAsia X Bhd.		23,707,796		599
^*	Datasonic Group Bhd. Warrants Exp. 07/05/2023		4,140,150		409
^*	Serba Dinamik Holdings Bhd. Warrants Exp. 05/12/2024		5,144,856		317
^*	Mega First Corp. Bhd.		187,533		217
^*	UMW Oil & Gas Corp. Bhd. Warrants Exp. 09/30/2024		12,999,819		181
^*	Sunway Bhd. Warrants Exp. 12/31/2024		2,118,838		133
^*	Malaysian Resources Corp. Bhd. Warrants Exp. 12/31/2027		2,634,201		70
^*	BIMB Holdings Bhd. Warrants Exp. 12/04/2023		741,960		34
^*	AirAsia X Bhd. Warrants Exp. 06/08/2020		1,955,625		2
^*,§	OSK Holdings Bhd. Warrants Exp. 07/22/2020		1,716,558		2
^*,§	WCT Holdings Bhd. Warrants Exp. 08/24/2020		1,594,005		2
^*,§	RHB CAPITAL Bhd.		9,155,400		—
					2,257,214
Malta (0.0%)
^*,§	BGP Holdings PLC Rights		17,449,685		—

Mexico (0.5%)
	America Movil SAB de CV		479,294,031		290,349
	Fomento Economico Mexicano SAB de CV		36,725,853		237,367
	Wal-Mart de Mexico SAB de CV		89,819,744		216,043
	Grupo Mexico SAB de CV Class B		63,034,886		134,434
	Grupo Financiero Banorte SAB de CV		49,134,622		134,371
	Grupo Bimbo SAB de CV Class A		41,586,001		61,410
	Grupo Elektra SAB DE CV		1,047,066		60,174
	Cemex SAB de CV		245,380,536		51,619
	Fibra Uno Administracion SA de CV		53,646,671		44,006
	Grupo Televisa SAB		38,023,815		40,405
	Coca-Cola Femsa SAB de CV		9,232,398		37,196
	Gruma SAB de CV Class B		3,647,529		34,626
	Grupo Aeroportuario del Pacifico SAB de CV Class B		5,486,492		34,283
	Grupo Aeroportuario del Sureste SAB de CV Class B		3,073,516		30,784
	Infraestructura Energetica Nova SAB de CV		9,432,479		29,251
^*	Arca Continental SAB de CV		7,387,188		28,453
^*	Promotora y Operadora de Infraestructura SAB de CV		3,716,921		25,822
	Grupo Financiero Inbursa SAB de CV		38,421,980		23,116
	Alfa SAB de CV Class A		54,069,894		22,121
	Orbia Advance Corp. SAB de CV		18,643,471		22,000
	Kimberly-Clark de Mexico SAB de CV Class A		14,984,969		21,165
	Grupo Aeroportuario del Centro Norte SAB de CV		5,724,734		20,855
	Industrias Penoles SAB de CV		2,018,561		15,585
	Grupo Carso SAB de CV		7,750,068		15,516
	Becle SAB de CV		8,947,013		13,724
^*	Telesites SAB de CV		20,286,515		13,341
	PLA Administradora Industrial S de RL de CV		12,465,410		12,925
	Corp Inmobiliaria Vesta SAB de CV		9,366,872		12,837
	Qualitas Controladora SAB de CV		3,082,297		12,707
	Bolsa Mexicana de Valores SAB de CV		6,971,267		12,663
	Megacable Holdings SAB de CV		5,020,408		12,513
	Prologis Property Mexico SA de CV		7,051,569		11,496
¹	Macquarie Mexico Real Estate Management SA de CV		12,171,508		10,055
^*	Genomma Lab Internacional SAB de CV Class B		11,981,251		9,649
¹	Banco del Bajio SA		11,779,707		9,287
^*	Regional SAB de CV		3,779,294		9,263
^*	La Comer SAB de CV		7,869,856		8,229
^*	Alsea SAB de CV		9,576,232		7,895
	El Puerto de Liverpool SAB de CV		3,110,349		7,835
	Industrias Bachoco SAB de CV Class B		2,636,508		7,650
	Grupo Cementos de Chihuahua SAB de CV		2,589,395		7,516
	Gentera SAB de CV		18,304,896		7,276
¹	GMexico Transportes SAB de CV		6,799,275		6,271
^*	Controladora Vuela Cia de Aviacion SAB de CV Class A		11,655,106		5,740
^*	Grupo Comercial Chedraui SA de CV		4,658,646		5,586
	Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santander		9,561,042		5,324
	Grupo Aeroportuario del Pacifico SAB de CV ADR		73,246		4,541

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Grupo Lala SAB de CV		9,169,882		4,318
	Cemex SAB de CV ADR		1,997,451		4,235
	Grupo Herdez SAB de CV		3,289,782		4,076
	Concentradora Fibra Danhos SA de CV		3,931,165		3,037
	Alpek SAB de CV		6,292,720		2,992
^*	Axtel SAB de CV		24,073,505		2,797
^*	Credito Real SAB de CV SOFOM ER		3,866,513		2,326
¹	Nemak SAB de CV		9,171,726		1,713
^*	Hoteles City Express SAB de CV		5,609,956		1,678
	Grupo Rotoplas SAB de CV		2,398,639		1,363
^*	Promotora y Operadora de Infraestructura SAB de CV Class L		274,290		1,354
	Consorcio ARA SAB de CV		10,355,204		1,268
^*	Unifin Financiera SAB de CV		1,548,222		841
					1,877,272
Netherlands (2.5%)
	ASML Holding NV		6,987,040		2,040,821
	Unilever NV		23,861,627		1,188,298
	Koninklijke Philips NV		15,570,926		678,778
^*	Prosus NV		7,546,781		570,585
	Koninklijke Ahold Delhaize NV		19,003,129		461,405
^*,1	Adyen NV		461,303		456,047
	ING Groep NV		68,060,136		381,328
	Koninklijke DSM NV		3,074,173		376,778
^{^}	Heineken NV		4,099,806		348,949
	Wolters Kluwer NV		4,616,602		340,025
	Relx NV		12,762,039		290,416
	Akzo Nobel NV		3,433,612		260,577
^*	Galapagos NV		872,200		192,694
	NN Group NV		5,741,848		166,098
	Heineken Holding NV		1,835,736		143,029
^{^}	Unibail-Rodamco-Westfield		2,351,247		139,221
	Koninklijke KPN NV		57,966,854		133,518
	ArcelorMittal SA		10,498,086		114,673
	ASM International NV		852,371		94,239
	Imcd NV		923,714		81,568
	Aegon NV		30,817,291		79,714
	Randstad NV		1,928,361		77,608
^*	Koninklijke Vopak NV		1,164,384		66,984
	ASR Nederland NV		2,437,990		65,336
^*,1	Just Eat Takeaway.com NV		628,456		64,600
¹	ABN AMRO Bank NV		7,227,837		55,586
^*	BE Semiconductor Industries NV		1,254,842		51,933
^*	Aalberts NV		1,678,497		47,266
¹	Signify NV		2,228,472		45,364
^*	Altice Europe NV		10,173,224		40,588
^{^}	SBM Offshore NV		2,855,428		36,193
	Corbion NV		993,551		35,720
	TKH Group NV		773,688		27,144
^{^}	Boskalis Westminster		1,464,000		25,378
^*,1	GrandVision NV		850,730		22,632
¹	Intertrust NV		1,403,404		22,087
	Aperam SA		850,586		22,040
^*	Oci NV		1,699,174		20,518
^{*,^}	Arcadis NV		1,276,250		19,842
^{^,1}	Flow Traders		488,178		16,286
^{^}	PostNL NV		8,348,100		14,384
^*,1	Basic-Fit NV		558,697		11,349
	TomTom NV		1,353,676		10,658
^{^}	Nsi NV		251,013		10,111
	Eurocommercial Properties NV		778,995		8,680
^{^}	AMG Advanced Metallurgical Group NV		512,797		8,628
	Sligro Food Group NV		528,374		8,252
^*	Accell Group NV		401,136		7,496
^*	Koninklijke BAM Groep NV		4,348,045		7,264

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^{^}	Wereldhave NV		775,554		6,828
¹	NIBC Holding NV		738,783		5,573
^{*,^}	Fugro NV		1,333,133		4,994
	Vastned Retail NV		269,811		4,977
^*	ForFarmers NV		536,044		3,566
¹	B&S Group Sarl		374,754		2,091
^{^}	Brunel International NV		291,106		1,836
^*	Pharming Group NV		198,668		294
^*	Altice Europe NV Class B		2,689		11
^{*,§,^}	SRH NV		672,039		—
					9,418,858
New Zealand (0.3%)
	Fisher & Paykel Healthcare Corp. Ltd.		9,957,538		166,359
^*	a2 Milk Co. Ltd.		12,860,039		153,060
^{^}	Spark New Zealand Ltd.		34,026,584		92,087
	Auckland International Airport Ltd.		20,033,880		73,981
	Meridian Energy Ltd.		22,375,675		60,967
	Ryman Healthcare Ltd.		7,057,091		51,481
	Contact Energy Ltd.		13,485,543		51,431
	Fletcher Building Ltd. (XNZE)		14,824,803		33,215
	Chorus Ltd.		7,207,917		31,456
	Mercury NZ Ltd.		11,060,210		30,747
	Goodman Property Trust		18,226,038		24,999
	Infratil Ltd.		7,440,810		20,834
	EBOS Group Ltd.		1,498,691		20,241
	SKYCITY Entertainment Group Ltd.		10,808,349		17,444
	Kiwi Property Group Ltd.		24,174,237		14,153
	Precinct Properties New Zealand Ltd.		14,081,791		13,680
	Genesis Energy Ltd.		7,952,718		13,602
	Summerset Group Holdings Ltd.		3,542,564		13,065
	Z Energy Ltd.		5,988,034		11,280
	Freightways Ltd.		2,427,651		9,860
^*	Pushpay Holdings Ltd.		3,355,356		8,770
	Vital Healthcare Property Trust		5,874,383		8,629
^{^}	Metlifecare Ltd.		3,318,167		8,490
	Vector Ltd.		3,846,032		8,285
	Argosy Property Ltd.		12,466,127		8,047
	Air New Zealand Ltd.		8,211,077		6,705
^*	Synlait Milk Ltd.		1,559,068		6,510
^*	Restaurant Brands New Zealand Ltd.		731,568		5,359
	Scales Corp. Ltd.		1,626,975		4,813
^{^}	Heartland Group Holdings Ltd.		6,007,000		4,120
	Kathmandu Holdings Ltd.		3,759,474		1,805
^{^}	Tourism Holdings Ltd.		2,188,589		1,701
^{^}	New Zealand Refining Co. Ltd.		2,457,757		1,383
^*	SKY Network Television Ltd.		6,519,670		1,113
	Vista Group International Ltd.		1,001,980		759
					980,431
Norway (0.5%)
	Equinor ASA		17,147,614		237,440
	Dnb ASA		18,279,768		221,330
	Telenor ASA		11,339,524		173,938
	Mowi ASA		7,438,310		127,396
	Orkla ASA		13,444,306		121,441
^{^}	Yara International ASA		3,065,024		104,102
	TOMRA Systems ASA		1,929,778		64,120
	Norsk Hydro ASA		23,594,157		59,855
^*	Gjensidige Forsikring ASA		2,937,895		51,839
^*	Bakkafrost P/F		892,365		44,028
^*	Storebrand ASA		8,425,581		42,295
^{^,1}	Entra ASA		3,049,889		38,401
	Schibsted ASA Class A		1,763,894		37,421
	Salmar ASA		918,800		35,808
^*	Adevinta ASA		3,994,899		33,180

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	TGS NOPEC Geophysical Co. ASA		2,072,499		31,739
	Aker BP ASA		1,908,910		31,340
	Schibsted ASA Class B		1,372,924		26,665
^*	Nel ASA		21,488,963		26,300
	Leroy Seafood Group ASA		4,661,368		24,755
¹	Scatec Solar ASA		1,633,514		23,782
^*	Subsea 7 SA		4,162,677		22,850
^*	SpareBank 1 SR-Bank ASA		2,821,210		17,915
	Kongsberg Gruppen ASA		1,307,855		16,806
^*	Nordic Semiconductor ASA		2,725,462		15,992
^*	Borregaard ASA		1,656,902		15,388
	Veidekke ASA		1,727,517		15,338
	Frontline Ltd.		1,557,106		14,603
	SpareBank 1 SMN		1,975,835		14,356
^*	Norwegian Finans Holding ASA		2,553,604		13,626
	Austevoll Seafood ASA		1,450,360		11,298
	Atea ASA		1,283,043		11,232
^*	Aker ASA		418,542		11,041
	Grieg Seafood ASA		891,543		8,744
¹	Elkem ASA		4,066,601		6,764
^*,1	Sbanken ASA		1,223,411		6,515
	Norway Royal Salmon ASA		270,926		5,494
^{^}	Dno ASA		10,964,169		4,954
¹	BW LPG Ltd.		1,447,364		4,938
^*	BW Offshore Ltd.		1,585,537		4,457
	Sparebank 1 Oestlandet		529,984		4,315
	Stolt-Nielsen Ltd.		445,284		3,794
	Ocean Yield ASA		814,041		2,111
^*	Pgs ASA		5,446,083		1,945
	Wallenius Wilhelmsen ASA		1,758,633		1,934
^{*,^,1}	Aker Solutions ASA		2,485,889		1,625
^{*,^}	Borr Drilling Ltd.		1,285,205		906
^{*,^}	Norwegian Air Shuttle ASA		657,572		567
^*	BW Energy Ltd.		304,202		378
^*	Akastor ASA		3,990		2
^*	Seadrill Ltd.		2,546		1
					1,797,064
Other (0.2%)²
³	Vanguard FTSE Emerging Markets ETF		15,759,336		570,015

Pakistan (0.0%)
	Engro Corp. Ltd.		5,254,212		10,062
	Lucky Cement Ltd.		3,387,559		9,930
^*	Hub Power Co. Ltd.		16,701,740		8,744
	MCB Bank Ltd.		7,871,748		8,019
	Oil & Gas Development Co. Ltd.		12,146,036		7,985
	Fauji Fertilizer Co. Ltd.		9,913,629		6,898
	Habib Bank Ltd.		10,934,799		6,873
	Pakistan Petroleum Ltd.		11,887,854		6,768
	Pakistan State Oil Co. Ltd.		6,288,913		6,062
	Pakistan Oilfields Ltd.		2,480,278		4,908
	Bank Alfalah Ltd.		21,839,710		4,093
	United Bank Ltd.		5,550,532		3,698
	Engro Fertilizers Ltd.		8,616,116		3,311
	DG Khan Cement Co. Ltd.		6,081,711		3,276
	Nishat Mills Ltd.		4,271,454		2,045
	SUI Northern Gas Pipeline Ltd.		5,450,904		1,796
	Searle Co. Ltd.		1,531,484		1,766
	Millat Tractors Ltd.		360,033		1,570
^*	SUI Southern Gas Co. Ltd.		12,921,366		1,098
^*	National Bank of Pakistan		6,135,281		1,087
	Kot Addu Power Co. Ltd.		7,047,009		1,010
	Fauji Cement Co. Ltd.		7,436,507		787

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Pakistan Telecommunication Co. Ltd.		1,174,000		56
					101,842
Peru (0.0%)
	Cia de Minas Buenaventura SAA ADR		3,432,763		25,711
^§	Cia de Minas Buenaventura SAA		289,871		2,147
					27,858
Philippines (0.2%)
	SM Investments Corp.		8,589,336		143,164
	SM Prime Holdings Inc.		161,880,770		98,579
	Ayala Land Inc.		127,980,006		79,901
	BDO Unibank Inc.		35,290,973		69,441
	Ayala Corp.		5,106,982		58,092
	PLDT Inc.		1,876,601		47,563
	JG Summit Holdings Inc.		46,338,477		46,151
	Universal Robina Corp.		14,329,957		35,469
	Bank of the Philippine Islands		29,128,441		33,456
	International Container Terminal Services Inc.		18,829,712		32,935
	Metropolitan Bank & Trust Co.		29,245,240		22,368
	Manila Electric Co.		4,154,185		20,742
	Globe Telecom Inc.		475,834		20,642
	Jollibee Foods Corp.		6,697,124		18,921
	Security Bank Corp.		7,390,978		14,951
^*	GT Capital Holdings Inc.		1,607,341		14,391
	Puregold Price Club Inc.		14,875,855		13,539
	Aboitiz Power Corp.		24,202,190		13,061
	Robinsons Retail Holdings Inc.		9,726,581		12,845
	San Miguel Food and Beverage Inc.		10,562,386		12,407
	Metro Pacific Investments Corp.		229,811,700		11,586
	San Miguel Corp.		5,596,550		10,743
	Megaworld Corp.		192,499,641		9,714
	Robinsons Land Corp.		32,299,042		9,543
^*	Alliance Global Group Inc.		65,669,248		8,356
	First Gen Corp.		19,023,834		7,126
	Wilcon Depot Inc.		24,305,692		7,037
^*	LT Group Inc.		43,634,676		6,669
	Bloomberry Resorts Corp.		55,359,144		6,124
	DMCI Holdings Inc.		68,708,463		5,587
	Vista Land & Lifescapes Inc.		65,221,423		5,559
	Semirara Mining & Power Corp.		17,684,935		4,198
	Manila Water Co. Inc.		19,288,657		4,045
	Century Pacific Food Inc.		13,777,987		3,891
	D&L Industries Inc.		32,938,302		3,445
	Filinvest Land Inc.		156,945,968		2,936
	Cebu Air Inc.		2,830,448		2,707
^*,1	CEMEX Holdings Philippines Inc.		82,849,319		1,818
	Nickel Asia Corp.		47,213,285		1,573
^*,§	Altus San Nicolas Corp.		622,128		64
^*,§	Energy Development Corp.		41,300		6
					921,345
Poland (0.2%)
	CD Projekt SA		1,089,368		95,373
	Polski Koncern Naftowy ORLEN SA		5,455,693		82,814
	Powszechna Kasa Oszczednosci Bank Polski SA		14,937,639		79,943
	Powszechny Zaklad Ubezpieczen SA		9,773,604		72,140
^*	KGHM Polska Miedz SA		2,386,699		44,892
^*,1	Dino Polska SA		840,737		35,555
	Bank Polska Kasa Opieki SA		2,750,110		34,885
	Cyfrowy Polsat SA		4,626,788		28,607
	Polskie Gornictwo Naftowe i Gazownictwo SA		30,616,133		27,558
	Grupa Lotos SA		1,761,286		26,728
	Lpp SA		15,328		24,161
	Santander Bank Polska SA		524,810		20,861
^*	Orange Polska SA		11,847,192		20,118

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*,1	PLAY Communications SA		2,308,077		18,684
	Asseco Poland SA		1,105,276		17,861
^*	PGE Polska Grupa Energetyczna SA		12,879,075		12,881
^*	mBank SA		207,778		11,065
^{*,^}	AmRest Holdings SE		1,138,324		7,638
^*	Kernel Holding SA		781,007		7,564
^*	Bank Millennium SA		9,728,259		6,625
^{^}	Eurocash SA		1,254,597		6,510
^*	Energa SA		3,423,120		6,415
^{^}	CCC SA		486,626		6,147
^*	Alior Bank SA		1,507,312		5,531
	Bank Handlowy w Warszawie SA		558,012		4,959
	Kruk SA		260,103		4,944
^*	Grupa Azoty SA		743,244		4,768
^*	Enea SA		3,405,255		4,600
	Warsaw Stock Exchange		458,296		4,489
^*	Tauron Polska Energia SA		14,893,802		4,089
^*	Ciech SA		381,744		3,674
^{^}	Jastrzebska Spolka Weglowa SA		941,763		3,127
^*,§	getBACK SA		560,985		507
					735,713
Portugal (0.1%)
	EDP - Energias de Portugal SA		43,974,108		185,302
	Galp Energia SGPS SA		9,061,368		104,579
	Jeronimo Martins SGPS SA		4,295,892		72,831
	EDP Renovaveis SA		2,619,004		32,110
	REN - Redes Energeticas Nacionais SGPS SA		7,175,282		19,435
	Banco Comercial Portugues SA		149,585,285		16,736
	Nos Sgps SA		4,295,657		16,090
	Navigator Co. SA		5,274,037		13,704
	Sonae SGPS SA		15,312,304		12,101
	Altri SGPS SA		1,637,794		8,644
	Corticeira Amorim SGPS SA		617,892		6,510
	CTT-Correios de Portugal SA		2,321,421		5,477
^*	Semapa-Sociedade de Investimento e Gestao SGPS SA		336,492		3,321
	Mota-Engil SGPS SA		1,458,618		1,837
^*	Banco Espirito Santo SA		19,970,703		45
					498,722
Qatar (0.2%)
	Qatar National Bank QPSC		77,914,657		367,495
	Qatar Islamic Bank SAQ		20,288,324		86,216
	Masraf Al Rayan QSC		70,847,649		74,140
	Industries Qatar QSC		34,282,778		66,198
^*	Qatar Fuel QSC		9,085,448		39,897
	Commercial Bank PSQC		33,366,404		36,739
	Mesaieed Petrochemical Holding Co.		69,807,835		34,392
	Qatar Electricity & Water Co. QSC		7,968,891		32,945
	Qatar Gas Transport Co. Ltd.		44,869,980		30,733
	Ooredoo QPSC		15,724,351		27,508
	Qatar International Islamic Bank QSC		12,159,927		26,701
	Barwa Real Estate Co.		30,438,014		23,907
	Qatar Insurance Co. SAQ		25,405,631		13,930
^*	Doha Bank QPSC		24,662,507		13,640
	United Development Co. QSC		28,266,334		8,191
	Vodafone Qatar QSC		26,130,001		7,801
	Qatar Aluminum Manufacturing Co.		44,848,270		7,671
	Al Meera Consumer Goods Co. QSC		1,346,036		6,458
^*	Ezdan Holding Group QSC		25,000,150		5,109
^*	Gulf International Services QSC		13,944,390		4,914
	Medicare Group		2,190,660		3,836
					918,421
Russia (0.8%)
	Sberbank of Russia PJSC Ordinary Shares		177,650,867		468,152

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Gazprom PJSC		183,373,058		466,223
	Lukoil PJSC		7,204,159		464,868
	MMC Norilsk Nickel PJSC		842,749		228,962
	Novatek PJSC		15,381,193		213,936
	Tatneft PJSC Ordinary Shares		20,999,704		154,591
	Rosneft Oil Co. PJSC		17,730,187		79,583
	Surgutneftegas OAO Preference Shares		137,866,784		67,464
	Surgutneftegas PJSC		111,222,768		55,230
	Polyus PJSC GDR		651,061		52,899
	AK Transneft OAO Preference Shares		27,456		50,375
	Novatek PJSC GDR		342,133		47,978
	Mobile TeleSystems PJSC ADR		4,916,107		42,131
	VTB Bank PJSC		89,150,518,711		41,725
	Inter RAO UES PJSC		616,884,531		41,326
	Moscow Exchange MICEX-RTS PJSC		24,686,045		39,903
	Tatneft PJSC ADR		857,836		38,215
	Alrosa PJSC		43,101,147		35,699
	Magnit PJSC (MISX)		649,857		32,273
	Magnit PJSC (XLON)		2,925,819		32,270
	Severstal PAO		2,689,728		31,944
	Mobile TeleSystems PJSC		6,090,423		26,345
	Polyus PJSC		156,009		25,353
	PhosAgro PJSC GDR		1,559,625		18,800
	Rostelecom PJSC		16,694,722		18,439
	MMC Norilsk Nickel PJSC ADR		645,986		17,918
	Tatneft PAO Preference Shares		2,565,652		17,615
	Magnitogorsk Iron & Steel Works PJSC		31,496,910		16,943
	RusHydro PJSC		1,998,999,672		16,866
	Novolipetsk Steel PJSC GDR		973,567		16,663
	Novolipetsk Steel PJSC		8,346,812		14,291
	Federal Grid Co. Unified Energy System PJSC		4,891,697,542		12,055
	Rosneft Oil Co. PJSC GDR		2,514,728		11,275
	Rosseti PJSC		576,497,133		9,892
	Aeroflot PJSC		8,165,683		8,300
	Unipro PJSC		204,431,678		7,701
	Severstal PAO GDR		611,612		7,291
	Surgutneftegas PJSC ADR		1,166,248		5,800
	Sistema PJSFC		29,751,041		5,769
¹	Detsky Mir PJSC		4,708,328		5,561
	M.Video PJSC		1,032,741		5,044
	Bashneft PJSC		215,214		5,030
	Sistema PJSFC GDR		1,269,938		4,986
	PhosAgro PJSC		122,322		4,445
	Safmar Financial Investment PJSC		661,458		3,822
	Tmk PJSC		4,827,936		3,642
^*	RussNeft PJSC		606,819		3,389
	OGK-2 PJSC		372,545,407		3,167
	Mosenergo PJSC		108,651,956		2,858
	Raspadskaya OJSC		1,968,332		2,796
	Enel Russia PJSC		176,188,090		2,194
^*	Mechel PJSC		2,230,897		1,951
	Mechel PJSC Preference Shares		1,821,704		1,806
	Sberbank of Russia PJSC ADR		159,356		1,675
	Tgc-1 PJSC		10,518,536,259		1,669
^§	Lenenergo PJSC Preference Shares		1,011,617		1,635
	Sberbank of Russia PJSC ADR		115,858		1,230
	Bashneft PAO Preference Shares		61,552		1,135
^*	Mechel PJSC ADR		692,138		1,100
	Lukoil PJSC ADR		3,820		249
	Tatneft PJSC ADR		3,534		157
					3,002,604
Saudi Arabia (0.6%)
	Al Rajhi Bank		17,816,340		270,824
	Saudi Basic Industries Corp.		12,781,466		253,647

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
	Saudi Telecom Co.		8,532,929		205,493
	National Commercial Bank		19,294,110		190,420
¹	Saudi Arabian Oil Co.		17,842,277		149,926
	Riyad Bank		21,096,511		95,373
	Samba Financial Group		14,130,399		87,274
^*	Alinma Bank		14,922,690		63,093
^*	Saudi Arabian Mining Co.		6,110,993		60,167
	Saudi Arabian Fertilizer Co.		2,912,827		54,622
	Saudi Electricity Co.		11,338,120		51,339
	Almarai Co. JSC		3,652,550		47,625
^*	Banque Saudi Fransi		5,498,483		45,190
^*	Etihad Etisalat Co.		5,635,607		41,627
	Yanbu National Petrochemical Co.		3,460,106		41,228
^*	Savola Group		3,821,652		41,152
	Jarir Marketing Co.		875,255		34,332
	Bank AlBilad		5,472,906		32,987
	Bupa Arabia for Cooperative Insurance Co.		933,098		26,577
^*	Saudi Kayan Petrochemical Co.		11,264,893		25,866
	Sahara International Petrochemical Co.		5,568,012		22,684
	Bank Al-Jazira		6,545,777		20,777
	Advanced Petrochemical Co.		1,695,507		20,061
^*	Co for Cooperative Insurance		951,501		18,252
^*	Dar Al Arkan Real Estate Development Co.		8,433,461		18,090
	Arab National Bank		3,206,930		17,343
	Saudi Industrial Investment Group		3,207,816		15,831
	Abdullah Al Othaim Markets Co.		590,452		15,656
^*	Mouwasat Medical Services Co.		692,683		15,629
	Saudi Cement Co.		1,111,492		15,527
^*	Mobile Telecommunications Co. Saudi Arabia		4,493,814		14,554
^*	National Industrialization Co.		5,348,436		14,417
	Saudi Airlines Catering Co.	��	612,362		12,983
^*	Rabigh Refining & Petrochemical Co.		3,556,014		12,914
^*	Arabian Centres Co. Ltd.		2,016,538		12,911
	Southern Province Cement Co.		884,176		12,510
^*	Emaar Economic City		5,682,108		11,045
^*	Seera Group Holding		2,499,563		10,307
	Saudi Ground Services Co.		1,322,782		9,199
	Qassim Cement Co.		580,179		8,802
	Saudia Dairy & Foodstuff Co.		213,192		8,532
	Yanbu Cement Co.		1,057,857		8,377
^*	National Petrochemical Co.		1,543,721		8,249
^*	Aldrees Petroleum and Transport Services Co.		499,863		7,734
	Yamama Cement Co.		1,377,432		7,632
	United Electronics Co.		412,635		7,461
^*	Saudi Research & Marketing Group		433,869		7,077
	Dallah Healthcare Co.		551,791		7,053
	Arriyadh Development Co.		1,709,505		6,307
^*	City Cement Co.		1,613,033		5,935
^*	Fawaz Abdulaziz Al Hokair & Co.		1,006,260		5,743
^*	Al Hammadi Co. for Development and Investment		1,113,998		5,718
^*	Saudi Pharmaceutical Industries & Medical Appliances Corp.		797,212		5,712
	Leejam Sports Co. JSC		341,636		5,630
	Arabian Cement Co.		681,306		4,858
^*	Najran Cement Co.		1,631,906		4,796
^*	National Agriculture Development Co.		579,294		4,538
	Eastern Province Cement Co.		588,010		4,453
^*	Saudi Public Transport Co.		1,111,663		4,393
	National Gas & Industrialization Co.		516,103		3,950
^*	Saudi Real Estate Co.		1,191,504		3,853
^*	Al Jouf Cement Co.		1,618,094		3,640
	United International Transportation Co.		464,475		3,529
^*	Northern Region Cement Co.		1,317,158		3,520
	Dur Hospitality Co.		579,158		3,434
	Herfy Food Services Co.		284,362		3,393

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Hail Cement Co.		1,073,662		3,348
^*	Middle East Healthcare Co.		463,070		3,246
^*	Saudi Ceramic Co.		412,798		3,204
^*	National Medical Care Co.		323,526		3,203
^*	Saudi Chemical Co. Holding		555,195		3,151
^*	Mediterranean & Gulf Insurance & Reinsurance Co.		605,492		2,909
^*	Astra Industrial Group		595,402		2,562
^*	Tabuk Cement Co.		617,672		1,923
^*	Aseer Trading Tourism & Manufacturing Co.		778,624		1,900
^*	Zamil Industrial Investment Co.		444,323		1,764
^*	Abdul Mohsen Al-Hokair Tourism and Development Co.		434,875		1,385
^*	Bawan Co.		387,646		1,277
^*	Methanol Chemicals Co.		658,177		1,173
					2,294,816
Singapore (0.8%)
	DBS Group Holdings Ltd.		31,329,623		441,093
	Oversea-Chinese Banking Corp. Ltd.		60,279,153		384,600
	United Overseas Bank Ltd.		22,543,527		322,127
	Singapore Telecommunications Ltd.		129,739,808		259,251
	Ascendas REIT		51,580,121		107,869
	Keppel Corp. Ltd.		25,241,720		106,564
	Singapore Exchange Ltd.		14,501,952		98,890
^*	CapitaLand Ltd.		44,498,260		94,415
	Wilmar International Ltd.		34,435,166		86,717
	Singapore Technologies Engineering Ltd.		27,168,652		65,795
	Mapletree Logistics Trust		45,502,462		57,639
	CapitaLand Mall Trust		42,552,063		56,616
	Genting Singapore Ltd.		100,601,382		55,821
	CapitaLand Commercial Trust		48,689,296		55,328
	Mapletree Commercial Trust		38,790,340		53,414
	Venture Corp. Ltd.		4,596,045		51,364
	Mapletree Industrial Trust		27,257,386		48,937
	City Developments Ltd.		8,353,305		46,693
	UOL Group Ltd.		8,858,453		42,606
	ComfortDelGro Corp. Ltd.		35,981,482		41,948
	Singapore Airlines Ltd.		9,018,128		38,997
	Suntec REIT		37,849,608		37,385
	NetLink NBN Trust		52,408,557		37,087
	Keppel DC REIT		21,989,212		36,464
	Frasers Logistics & Industrial Trust		45,612,453		34,138
	Singapore Press Holdings Ltd.		28,311,280		30,402
	Keppel REIT		36,567,494		27,313
	SATS Ltd.		11,298,222		26,176
	Jardine Cycle & Carriage Ltd.		1,793,601		25,501
	Mapletree North Asia Commercial Trust		38,097,468		25,302
	Keppel Infrastructure Trust		64,980,240		22,756
	Ascott Residence Trust		33,549,926		21,105
	Frasers Centrepoint Trust		13,403,162		20,137
	Manulife US REIT		26,776,192		19,255
	Sembcorp Industries Ltd.		16,696,229		19,127
	CapitaLand Retail China Trust		14,026,477		13,339
	Parkway Life REIT		5,693,522		13,302
	Singapore Post Ltd.		23,679,012		12,202
	Ascendas India Trust		13,553,537		12,115
^*	Golden Agri-Resources Ltd.		109,603,588		12,053
	CDL Hospitality Trusts		16,010,858		11,007
	StarHub Ltd.		10,390,114		10,946
	Hutchison Port Holdings Trust		80,989,835		10,496
	Esr-REIT		43,003,994		10,304
	Olam International Ltd.		9,408,495		9,961
	OUE Commercial REIT		30,092,144		8,577
	Raffles Medical Group Ltd.		13,339,194		8,202
	Sheng Siong Group Ltd.		7,332,718		7,684
	Starhill Global REIT		21,451,526		7,560

Vanguard^® Total International Stock Index Fund
Schedule of Investments
April 30, 2020

		Shares		Market Value ($000		)
^*	Sembcorp Marine Ltd.		13,656,293		7,220
	First Resources Ltd.		7,937,383		7,065
	Aims Apac REIT		8,507,801		6,903
	Wing Tai Holdings Ltd.		5,310,957		6,493
	ARA LOGOS Logistics Trust		16,255,085		6,183
	Far East Hospitality Trust		13,691,752		5,033
	Accordia Golf Trust		12,151,186		4,891
	SIA Engineering Co. Ltd.		3,671,158		4,846
	First REIT		8,036,827		4,535
^§	Best World International Ltd.		4,538,331		4,338
	Thomson Medical Group Ltd.		95,012,234		4,098
	Frasers Property Ltd.		4,626,915		4,020
	Sph REIT		6,838,511		3,936
	Soilbuild Business Space REIT		14,648,984		3,916
	Frasers Hospitality Trust		11,018,238		3,856
	Sabana Shari'ah Compliant Industrial REIT		15,667,373		3,596
	Lippo Malls Indonesia Retail Trust		29,771,586		3,038
	Keppel Pacific Oak US REIT		4,781,900		3,037
^*	Yoma Strategic Holdings Ltd.		18,132,590		2,531
	Asian Pay Television Trust		21,785,549		2,002
	Silverlake Axis Ltd.		11,706,621		1,978
^§	Eagle Hospitality Trust		11,228,900		1,538
	Bumitama Agri Ltd.		4,262,315		1,282
^{*,§,^}	Hyflux Ltd.		7,030,168		1,047
^{*,§,^}	Noble Group Ltd.		13,223,534		760
^{*,§,^}	Ezra Holdings Ltd.		20,298,532		158
^{*,^}	Ezion Holdings Ltd. Warrants Exp. 04/16/2023		12,879,086		—
					3,144,880
South Africa (1.0%)
	Naspers Ltd.		7,545,094		1,174,383
	AngloGold Ashanti Ltd.		7,255,043		177,097
^{^}	Standard Bank Group Ltd.		22,512,849		124,219
	FirstRand Ltd.		55,958,886		122,131
	Gold Fields Ltd.		14,205,260		105,738
	Sanlam Ltd.		30,872,963		98,698
	MTN Group Ltd.		31,508,798		82,801
*	Sibanye Stillwater Ltd.		38,015,367		77,444
	Impala Platinum Holdings Ltd.		12,861,561		76,710
	Bid Corp. Ltd.		5,825,616		75,921
	Vodacom Group Ltd.		10,530,942		69,987
	Remgro Ltd.		9,211,070		67,933
	Absa Group Ltd.		12,714,056		62,746
	Anglo American Platinum Ltd.		1,064,047		55,841
	Clicks Group Ltd.		4,291,157		53,452
	Shoprite Holdings Ltd.		8,644,951		50,044
	Bidvest Group Ltd.		6,075,521		49,339
*	Sasol Ltd.		9,828,860		46,647
	Capitec Bank Holdings Ltd.		932,913		45,478
^	Old Mutual Ltd. (XLON)		63,653,233		45,337
*	Aspen Pharmacare Holdings Ltd.		6,803,485		42,438
	Nedbank Group Ltd.		7,015,899		40,787
	Growthpoint Properties Ltd.		53,023,801		39,814
	RMB Holdings Ltd.		13,449,187		38,559
*	MultiChoice Group		7,491,793		35,113
	Discovery Ltd.		6,467,941		33,934
	SPAR Group Ltd.		3,446,666		32,853
	Mr Price Group Ltd.		4,477,924		31,904
	Mondi plc (XJSE)		1,745,242		31,100
*	Northam Platinum Ltd.		6,210,446		30,782
*	Harmony Gold Mining Co. Ltd.		8,039,194		29,586
	Tiger Brands Ltd.		2,942,749		28,655
	NEPI Rockcastle plc		6,286,466		26,902
	Woolworths Holdings Ltd.		15,884,573		26,159

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^{^}	Exxaro Resources Ltd.		4,485,677		26,040
	PSG Group Ltd.		2,927,233		25,001
	Life Healthcare Group Holdings Ltd.		25,556,294		24,571
	AVI Ltd.		5,689,383		24,085
	Netcare Ltd.		25,831,981		21,665
	Pick n Pay Stores Ltd.		6,158,846		19,294
	Kumba Iron Ore Ltd.		925,661		17,422
	Rand Merchant Investment Holdings Ltd.		12,273,495		16,620
	Foschini Group Ltd.		4,131,633		16,210
	Momentum Metropolitan Holdings		16,552,179		15,488
	Barloworld Ltd.		3,987,891		14,631
	African Rainbow Minerals Ltd.		1,929,971		14,126
	Truworths International Ltd.		7,870,146		12,423
	Redefine Properties Ltd.		99,595,908		12,260
	Old Mutual Ltd. (XJSE)		16,246,177		11,793
^*	Sappi Ltd.		9,591,808		11,658
	Fortress REIT Ltd. Class A		20,260,079		11,102
	Investec Ltd.		4,927,473		10,262
	Resilient REIT Ltd.		5,137,191		9,947
	Assore Ltd.		562,548		9,556
	Santam Ltd.		632,645		9,377
	Coronation Fund Managers Ltd.		4,357,402		8,488
¹	Pepkor Holdings Ltd.		12,169,257		7,944
	Liberty Holdings Ltd.		2,014,666		7,640
¹	Dis-Chem Pharmacies Ltd.		6,412,045		7,611
	JSE Ltd.		1,325,852		7,400
	AECI Ltd.		1,673,802		6,710
	Astral Foods Ltd.		610,830		6,359
	DRDGOLD Ltd.		6,610,415		6,083
	Telkom SA SOC Ltd.		5,413,058		6,002
	Equites Property Fund Ltd.		6,532,292		5,799
	Reunert Ltd.		2,565,064		5,538
^*	Ninety One Ltd.		2,496,680		5,260
	Distell Group Holdings Ltd.		1,186,176		5,058
	Imperial Logistics Ltd.		2,835,895		4,987
	Hyprop Investments Ltd.		4,814,020		4,947
	KAP Industrial Holdings Ltd.		43,346,576		4,700
^*	Transaction Capital Ltd.		5,729,115		4,686
	Motus Holdings Ltd.		2,838,799		4,624
	DataTec Ltd.		3,192,825		4,203
	Wilson Bayly Holmes-Ovcon Ltd.		800,758		4,109
	Allied Electronics Corp. Ltd.		3,653,919		4,047
^*	Super Group Ltd.		5,342,152		4,022
	MAS Real Estate Inc.		6,750,536		3,911
	Vukile Property Fund Ltd.		13,238,963		3,878
	Advtech Ltd.		7,739,171		3,634
^*	Omnia Holdings Ltd.		2,592,834		3,289
	Investec Property Fund Ltd.		7,059,152		3,129
^{*,^}	Brait SE		14,472,994		3,080
	Attacq Ltd.		10,209,613		2,964
	Famous Brands Ltd.		1,333,090		2,950
	Adcock Ingram Holdings Ltd.		1,152,820		2,769
	Peregrine Holdings Ltd.		2,644,322		2,687
	Cashbuild Ltd.		320,502		2,604
	SA Corporate Real Estate Ltd.		39,330,737		2,543
	Alexander Forbes Group Holdings Ltd.		11,662,925		2,532
	Emira Property Fund Ltd.		6,788,797		2,373
^*	Metair Investments Ltd.		2,952,144		2,363
	Raubex Group Ltd.		2,489,145		2,303
^{*,^}	Massmart Holdings Ltd.		1,703,421		2,272
	Fortress REIT Ltd. Class B		17,237,023		2,169
^{*,^}	Steinhoff International Holdings NV (XJSE)		34,026,738		2,045
^*	Long4Life Ltd.		12,752,208		1,900
	Epp NV		6,634,923		1,862

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	Sun International Ltd.		1,728,742		1,541
^*	PPC Ltd.		22,121,368		1,478
	Hudaco Industries Ltd.		403,057		1,461
	Zeder Investments Ltd.		13,732,917		1,445
	Mediclinic International plc (XJSE)		446,378		1,395
	Curro Holdings Ltd.		2,557,561		1,341
	Grindrod Ltd.		6,882,770		1,293
	Tsogo Sun Gaming Ltd.		8,054,986		1,139
	Murray & Roberts Holdings Ltd.		3,838,613		1,136
^*	Blue Label Telecoms Ltd.		9,263,682		1,066
	Hosken Consolidated Investments Ltd.		825,470		1,014
	Lewis Group Ltd.		1,083,310		923
^*	Nampak Ltd.		9,695,298		871
^*	Tsogo Sun Hotels Ltd.		8,054,960		811
	City Lodge Hotels Ltd.		500,865		743
^{*,^}	EOH Holdings Ltd.		1,655,618		340
	Arrowhead Properties Ltd. Class B		1,128,247		91
	Delta Property Fund Ltd.		3,998,230		88
^{*,^}	Steinhoff International Holdings NV (XETR)		370,866		23
^{*,§,^}	Great Basin Gold Ltd.		2,279,068		—
					3,665,736
South Korea (3.3%)
	Samsung Electronics Co. Ltd.		81,556,313		3,353,397
	SK Hynix Inc.		8,994,140		618,955
	Samsung Electronics Co. Ltd. Preference Shares		14,847,600		514,701
	NAVER Corp.		2,326,511		377,199
^{*,^}	Celltrion Inc.		1,797,255		310,631
	LG Chem Ltd.		803,841		249,764
	Samsung SDI Co. Ltd.		912,185		215,491
	Shinhan Financial Group Co. Ltd.		7,813,917		198,103
	Hyundai Motor Co.		2,441,964		188,745
	KB Financial Group Inc.		6,542,009		187,176
	LG Household & Health Care Ltd.		157,404		178,496
	Posco		1,164,818		176,010
	Hyundai Mobis Co. Ltd.		1,137,646		160,841
	NCSoft Corp.		291,465		154,433
	Kakao Corp.		879,511		132,911
	Samsung C&T Corp.		1,468,533		128,591
	KT&G Corp.		1,925,261		128,545
	Hana Financial Group Inc.		5,063,197		115,583
^*,1	Samsung Biologics Co. Ltd.		231,356		110,515
	Kia Motors Corp.		4,509,626		110,146
	Samsung Fire & Marine Insurance Co. Ltd.		580,520		91,044
	Samsung Electro-Mechanics Co. Ltd.		951,287		88,937
	SK Holdings Co. Ltd.		579,998		86,574
	LG Electronics Inc.		1,910,468		85,981
	Amorepacific Corp.		566,588		82,070
	SK Innovation Co. Ltd.		999,528		80,632
	LG Corp.		1,582,347		80,517
^{*,^}	Celltrion Healthcare Co. Ltd.		1,152,501		79,880
	Samsung SDS Co. Ltd.		556,695		74,265
^*	Korea Electric Power Corp.		3,797,845		74,227
	Woori Financial Group Inc.		9,584,847		66,379
	Korea Zinc Co. Ltd.		174,245		55,381
^*	Korea Shipbuilding & Offshore Engineering Co. Ltd.		757,846		51,407
	Coway Co. Ltd.		986,681		50,007
	SK Telecom Co. Ltd.		284,156		49,387
^{*,^}	HLB Inc.		588,344		46,132
	Lotte Chemical Corp.		257,595		45,776
	Samsung Life Insurance Co. Ltd.		1,114,012		45,178
	Hyundai Motor Co. 2nd Preference Shares		877,026		42,360
	S-Oil Corp.		716,718		41,150
	Orion Corp.		387,435		39,691
	Kangwon Land Inc.		1,849,566		38,225

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Mirae Asset Daewoo Co. Ltd.		8,098,925		37,336
	Hyundai Engineering & Construction Co. Ltd.		1,287,679		37,329
	Hotel Shilla Co. Ltd.		532,656		37,242
	Hyundai Heavy Industries Holdings Co. Ltd.		185,494		37,036
	LG Uplus Corp.		3,369,964		37,006
^{^}	Hanjin Kal Corp.		513,578		36,727
^*	LG Display Co. Ltd.		3,910,778		35,481
	Daelim Industrial Co. Ltd.		488,869		35,274
	E-MART Inc.		344,192		33,917
	Industrial Bank of Korea		4,951,500		32,256
	Yuhan Corp.		824,685		32,039
	CJ CheilJedang Corp.		141,241		31,772
	DB Insurance Co. Ltd.		824,696		30,122
	GS Holdings Corp.		914,919		28,788
	Samsung Securities Co. Ltd.		1,143,977		28,346
	Korea Investment Holdings Co. Ltd.		678,291		28,082
	Hanmi Pharm Co. Ltd.		130,655		27,876
	Hyundai Glovis Co. Ltd.		330,012		27,582
^*	Samsung Heavy Industries Co. Ltd.		7,633,197		26,832
	Korea Aerospace Industries Ltd.		1,246,185		26,290
	Shinsegae Inc.		121,150		26,283
	LG Innotek Co. Ltd.		242,396		26,262
^*	Samsung Engineering Co. Ltd.		2,735,516		25,818
	Fila Holdings Corp.		900,977		25,759
^{*,^}	KMW Co. Ltd.		499,230		24,871
	S-1 Corp.		341,945		24,326
	AMOREPACIFIC Group		500,124		23,935
	Hyundai Steel Co.		1,341,440		23,859
	Hankook Tire & Technology Co. Ltd.		1,353,496		23,747
^{*,^,1}	Netmarble Corp.		298,660		23,470
	BNK Financial Group Inc.		5,639,024		23,451
	Douzone Bizon Co. Ltd.		323,182		23,422
	Hyundai Marine & Fire Insurance Co. Ltd.		1,079,601		23,347
	GS Engineering & Construction Corp.		1,061,358		22,161
^{*,^}	Helixmith Co. Ltd.		395,933		21,630
	Hanon Systems		2,830,336		21,320
	SK Telecom Co. Ltd. ADR		1,090,655		20,864
	Kumho Petrochemical Co. Ltd.		313,157		19,748
	NH Investment & Securities Co. Ltd.		2,402,501		19,119
^{^}	Seegene Inc.		250,309		18,853
	Cheil Worldwide Inc.		1,287,790		18,795
	CJ ENM Co. Ltd.		178,161		18,744
^{*,^}	Celltrion Pharm Inc.		318,626		18,538
	Lotte Shopping Co. Ltd.		217,869		17,842
	Hanwha Solutions Corp.		1,453,429		17,395
^*	Pearl Abyss Corp.		109,227		17,276
	Lotte Corp.		506,020		16,705
	LG Household & Health Care Ltd. Preference Shares		27,974		16,631
^*	Genexine Co. Ltd.		306,602		16,620
	Hyundai Department Store Co. Ltd.		276,240		16,482
^{^}	POSCO Chemical Co. Ltd.		377,756		16,146
^*	CJ Logistics Corp.		132,663		16,112
^*	Hanwha Aerospace Co. Ltd.		724,588		15,959
	Hanwha Corp.		927,358		15,818
	Com2uSCorp		178,865		15,751
	CJ Corp.		233,127		15,571
	LG Chem Ltd. Preference Shares		108,471		15,404
	GS Retail Co. Ltd.		490,054		15,269
	Hite Jinro Co. Ltd.		554,496		14,795
	DGB Financial Group Inc.		3,407,668		14,793
	Hyundai Elevator Co. Ltd.		289,183		14,782
^{*,^}	HMM Co. Ltd.		4,876,256		14,487
^{*,^}	Pharmicell Co. Ltd.		916,959		14,304
^*	WONIK IPS Co. Ltd.		625,121		14,279

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	BGF retail Co. Ltd.		109,893		14,217
	Meritz Securities Co. Ltd.		5,274,967		14,199
^{^}	Koh Young Technology Inc.		212,364		14,160
^{^}	SKC Co. Ltd.		346,581		14,142
	NongShim Co. Ltd.		57,547		13,950
^*	Korean Air Lines Co. Ltd.		842,053		13,782
^*	Hyundai Rotem Co. Ltd.		914,532		13,572
^*	Hanall Biopharma Co. Ltd.		676,433		13,496
	DB HiTek Co. Ltd.		610,395		13,420
	KIWOOM Securities Co. Ltd.		213,433		13,103
	Bukwang Pharmaceutical Co. Ltd.		613,932		13,089
^{^}	HDC Hyundai Development Co-Engineering & Construction		827,367		12,789
	Youngone Corp.		556,962		12,486
^*	Hugel Inc.		39,370		12,352
^*	Shinhan Financial Group Co. Ltd. ADR		480,776		12,269
^*	Korea Electric Power Corp. ADR		1,275,300		12,256
	LEENO Industrial Inc.		166,418		12,233
	Samsung Card Co. Ltd.		480,833		11,889
	Mando Corp.		608,877		11,880
	Green Cross Corp.		96,820		11,825
	SK Networks Co. Ltd.		2,661,353		11,798
^{*,^}	Alteogen Inc.		152,003		11,760
	KCC Corp.		86,384		11,757
	Hansol Chemical Co. Ltd.		163,654		11,565
	SK Materials Co. Ltd.		89,003		11,545
^*	OCI Co. Ltd.		344,376		11,302
^{*,^}	Mezzion Pharma Co. Ltd.		87,812		11,250
	Korea Gas Corp.		508,914		11,240
^*	NHN Corp.		178,256		11,162
	Posco International Corp.		946,920		11,006
^*	Daewoo Shipbuilding & Marine Engineering Co. Ltd.		773,110		10,891
^{^}	Hanssem Co. Ltd.		179,206		10,750
	KEPCO Plant Service & Engineering Co. Ltd.		400,959		10,714
^{*,^}	HLB Life Science Co. Ltd.		673,436		10,477
^*	Daewoo Engineering & Construction Co. Ltd.		3,568,192		10,470
^*	Pan Ocean Co. Ltd.		3,695,885		10,456
^{^}	Paradise Co. Ltd.		801,335		10,394
	Korean Reinsurance Co.		1,496,915		10,350
	Meritz Fire & Marine Insurance Co. Ltd.		901,837		10,258
	F&F Co. Ltd.		116,846		10,258
^{*,^}	Komipharm International Co. Ltd.		635,570		10,258
^{*,^}	GemVax & Kael Co. Ltd.		559,334		10,212
	Hyundai Mipo Dockyard Co. Ltd.		400,514		10,133
	SK Chemicals Co. Ltd.		154,770		9,848
	SFA Engineering Corp.		332,958		9,599
^{^}	Kolmar Korea Co. Ltd.		273,860		9,563
	Ottogi Corp.		21,259		9,507
^*	Chabiotech Co. Ltd.		659,860		9,249
^{^}	Iljin Materials Co. Ltd.		282,096		9,248
^{*,^}	SillaJen Inc.		887,353		9,164
	LOTTE Fine Chemical Co. Ltd.		281,250		9,034
	Soulbrain Co. Ltd.		149,690		9,009
	Hyosung Corp.		155,752		8,913
	JB Financial Group Co. Ltd.		2,236,748		8,909
	LS Corp.		285,969		8,836
	Hyundai Motor Co. Preference Shares		187,712		8,808
^{*,^}	Doosan Infracore Co. Ltd.		2,501,879		8,802
	Innocean Worldwide Inc.		183,786		8,799
	Chong Kun Dang Pharmaceutical Corp.		110,431		8,792
	Kolon Industries Inc.		337,380		8,548
	Cosmax Inc.		116,332		8,496
	Doosan Bobcat Inc.		435,924		8,437
	Ecopro BM Co. Ltd.		137,182		8,247
	DoubleUGames Co. Ltd.		172,054		8,189

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Eo Technics Co. Ltd.		136,731		8,161
	NICE Information Service Co. Ltd.		565,385		8,154
^{^}	Ssangyong Cement Industrial Co. Ltd.		1,935,666		8,149
^{^}	Taeyoung Engineering & Construction Co. Ltd.		687,346		8,144
	Hyundai Wia Corp.		299,097		8,103
	LS Electric Co. Ltd.		245,772		7,915
	JYP Entertainment Corp.		465,094		7,905
	Hanjin Transportation Co. Ltd.		206,411		7,839
	Hanwha Life Insurance Co. Ltd.		5,103,651		7,604
^*	SM Entertainment Co. Ltd.		326,926		7,477
	Green Cross Holdings Corp.		425,949		7,425
^{*,^}	G-treeBNT Co. Ltd.		356,726		7,352
^*	Yungjin Pharmaceutical Co. Ltd.		1,789,227		7,312
^{^}	Shinsegae International Inc.		40,783		7,295
^{*,^}	Oscotec Inc.		388,880		7,132
^{^}	NEPES Corp.		292,541		6,986
^*	Naturecell Co. Ltd.		764,464		6,945
	Amorepacific Corp. Preference Shares		134,469		6,920
	SKCKOLONPI Inc.		255,580		6,918
	Medy-Tox Inc.		72,459		6,901
	AfreecaTV Co. Ltd.		137,944		6,843
	Daewoong Pharmaceutical Co. Ltd.		78,033		6,841
^{^}	Dongjin Semichem Co. Ltd.		526,759		6,826
	Dongsuh Cos. Inc.		477,977		6,780
^{*,^}	Doosan Heavy Industries & Construction Co. Ltd.		2,084,815		6,772
^{*,^}	Enzychem Lifesciences Corp.		109,526		6,752
^*	Studio Dragon Corp.		105,471		6,622
^{*,^}	CrystalGenomics Inc.		616,900		6,605
	Seoul Semiconductor Co. Ltd.		603,145		6,550
^{*,^}	Kuk-il Paper Manufacturing Co. Ltd.		1,312,875		6,549
^§	Daeduck Electronics Co.		956,579		6,532
^*	KB Financial Group Inc. ADR		231,547		6,516
^*	Amicogen Inc.		270,996		6,235
	Ilyang Pharmaceutical Co. Ltd.		230,140		6,204
^{*,^}	Medipost Co. Ltd.		279,567		6,063
^*	ABLBio Inc.		403,319		5,992
^*	Asiana Airlines Inc.		1,709,181		5,896
	Daesang Corp.		322,769		5,828
^*	SFA Semicon Co. Ltd.		1,339,947		5,785
	DongKook Pharmaceutical Co. Ltd.		73,988		5,750
^{*,^}	CMG Pharmaceutical Co. Ltd.		1,810,829		5,664
	Korea Petrochemical Ind Co. Ltd.		48,772		5,657
^{^}	Daea TI Co. Ltd.		1,071,014		5,612
	Sam Chun Dang Pharm Co. Ltd.		221,862		5,596
^*	Ananti Inc.		675,400		5,566
^{^}	Toptec Co. Ltd.		328,810		5,545
	Taekwang Industrial Co. Ltd.		8,417		5,529
^{*,^}	Kumho Tire Co. Inc.		2,180,343		5,496
^{*,^}	BH Co. Ltd.		396,051		5,485
^{^}	Foosung Co. Ltd.		989,063		5,468
	Dawonsys Co. Ltd.		401,826		5,444
^{^}	Hana Tour Service Inc.		155,015		5,412
	JW Pharmaceutical Corp.		224,233		5,406
^{*,^}	Doosan Solus Co. Ltd.		197,725		5,391
	Hyundai Home Shopping Network Corp.		91,099		5,383
^*	CJ CGV Co. Ltd.		242,365		5,330
	Hyundai Greenfood Co. Ltd.		794,444		5,327
^*	Duk San Neolux Co. Ltd.		206,728		5,324
^{^}	HS Industries Co. Ltd.		777,555		5,253
^{^}	Ecopro Co. Ltd.		314,173		5,239
	Daou Technology Inc.		387,806		5,228
^{^}	Hanmi Science Co. ltd		221,795		5,221
	Poongsan Corp.		301,102		5,219
^{^}	Dong-A ST Co. Ltd.		69,205		5,194

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Lotte Chilsung Beverage Co. Ltd.		57,372		5,147
^{^}	Hyosung TNC Co. Ltd.		47,069		5,036
	Huchems Fine Chemical Corp.		347,357		5,011
	Chongkundang Holdings Corp.		53,426		5,009
^*	LegoChem Biosciences Inc.		124,913		5,008
	NICE Holdings Co. Ltd.		303,042		4,965
^*	Telcon RF Pharmaceutical Inc.		1,211,110		4,964
	Mcnex Co. Ltd.		203,420		4,962
	Ahnlab Inc.		103,521		4,949
^*	Osstem Implant Co. Ltd.		181,305		4,890
	GS Home Shopping Inc.		46,571		4,879
	Samwha Capacitor Co. Ltd.		120,316		4,811
^*	Hyundai Bioscience Co. Ltd.		542,593		4,796
^{*,^}	Lotte Tour Development Co. Ltd.		506,171		4,782
	HDC Holdings Co. Ltd.		610,857		4,686
	Grand Korea Leisure Co. Ltd.		356,950		4,652
^{*,^}	Feelux Co. Ltd.		1,080,305		4,588
^*	YG Entertainment Inc.		187,477		4,574
	IS Dongseo Co. Ltd.		214,649		4,491
	OptoElectronics Solutions Co. Ltd.		137,067		4,416
	Daewoong Co. Ltd.		309,185		4,409
^{^}	Partron Co. Ltd.		652,790		4,324
	Handsome Co. Ltd.		212,181		4,281
	LOTTE Himart Co. Ltd.		193,289		4,265
^{^}	Sangsangin Co. Ltd.		656,876		4,233
	L&F Co. Ltd.		266,296		4,206
	LG International Corp.		385,829		4,185
^*	Binex Co. Ltd.		433,090		4,117
^*	iNtRON Biotechnology Inc.		390,464		4,109
^*	ST Pharm Co. Ltd.		152,183		4,108
	Advanced Process Systems Corp.		192,536		4,093
	Daishin Securities Co. Ltd.		500,021		4,090
	Samsung Fire & Marine Insurance Co. Ltd. Preference Shares		37,910		4,079
^*	DIO Corp.		172,027		4,074
^{*,^}	Aprogen pharmaceuticals Inc.		2,361,823		4,068
	Binggrae Co. Ltd.		77,194		4,067
	TES Co. Ltd.		247,630		4,063
	Dongwon Industries Co. Ltd.		21,630		4,043
	LG Hausys Ltd.		94,311		4,012
^{*,^}	Eutilex Co. Ltd.		79,435		3,960
^*	Cafe24 Corp.		107,190		3,896
	Silicon Works Co. Ltd.		156,866		3,885
^*	Webzen Inc.		283,851		3,879
	Posco ADR		102,163		3,801
^{*,^}	KH Vatec Co. Ltd.		247,690		3,768
	LIG Nex1 Co. Ltd.		172,576		3,704
	Huons Co. Ltd.		92,316		3,685
	LG Electronics Inc. Preference Shares		208,973		3,633
	Meritz Financial Group Inc.		444,376		3,601
	SK Discovery Co. Ltd.		171,011		3,545
^{*,^}	Dentium Co. Ltd.		111,651		3,448
	Orion Holdings Corp.		297,157		3,447
	Korea Real Estate Investment & Trust Co. Ltd.		2,225,022		3,438
	S&T Motiv Co. Ltd.		114,172		3,382
	Samyang Holdings Corp.		82,176		3,378
^{^}	Tongyang Inc.		3,249,627		3,347
	Vieworks Co. Ltd.		115,614		3,346
^*	Innox Advanced Materials Co. Ltd.		110,635		3,321
^*	Hyosung Advanced Materials Corp.		48,587		3,269
	Doosan Co. Ltd.		97,639		3,252
^*	NKMax Co. Ltd.		329,306		3,252
^{*,^}	Stcube		375,140		3,247
	Green Cross Cell Corp.		101,150		3,245
^*	Dongkuk Steel Mill Co. Ltd.		923,559		3,228

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Hyosung Chemical Corp.		33,936		3,213
	Dong-A Socio Holdings Co. Ltd.		44,274		3,189
	Maeil Dairies Co. Ltd.		47,854		3,162
	Mirae Asset Life Insurance Co. Ltd.		1,061,980		3,155
	Hansol Paper Co. Ltd.		243,945		3,152
	Young Poong Corp.		7,292		3,131
	LF Corp.		285,962		3,089
^{*,^}	Hyundai Construction Equipment Co. Ltd.		203,648		3,084
	Songwon Industrial Co. Ltd.		260,147		3,078
^{*,^}	Neowiz		214,219		3,071
^*	Dongsung Pharmaceutical Co. Ltd.		274,517		3,043
	Hankook Technology Group Co. Ltd.		362,736		3,020
^{*,^}	Peptron Inc.		241,918		3,002
^{*,^}	Insun ENT Co. Ltd.		497,451		3,000
^{*,^}	Inscobee Inc.		1,278,808		2,980
	Dongwon F&B Co. Ltd.		18,177		2,954
	Sebang Global Battery Co. Ltd.		123,867		2,940
^{^}	Kumho Industrial Co. Ltd.		433,284		2,879
	Wemade Co. Ltd.		145,183		2,848
	Kwang Dong Pharmaceutical Co. Ltd.		562,444		2,801
^{^}	Halla Holdings Corp.		112,415		2,788
^{*,^}	Samsung Pharmaceutical Co. Ltd.		846,734		2,779
	SL Corp.		252,266		2,756
	InBody Co. Ltd.		178,274		2,752
	Posco ICT Co. Ltd.		754,872		2,742
^{*,^}	CUROCOM Co. Ltd.		1,445,393		2,733
	KEPCO Engineering & Construction Co. Inc.		195,964		2,720
	i-SENS Inc.		136,397		2,640
	iMarketKorea Inc.		317,921		2,639
^{^}	Aekyung Industrial Co. Ltd.		112,965		2,635
^*	Korea Line Corp.		178,335		2,634
^{^}	Hansae Co. Ltd.		266,607		2,626
^{^}	ICD Co. Ltd.		206,202		2,620
	Nexen Tire Corp.		545,196		2,568
	Youngone Holdings Co. Ltd.		76,041		2,568
	Jeil Pharmaceutical Co. Ltd.		117,867		2,563
	KC Tech Co. Ltd.		172,305		2,548
^*	Anterogen Co. Ltd.		88,598		2,545
	Korea Electric Terminal Co. Ltd.		106,437		2,506
	Modetour Network Inc.		232,289		2,497
^{^}	SK Securities Co. Ltd.		4,648,403		2,470
^{^}	JW Holdings Corp.		602,658		2,459
^{^}	Youlchon Chemical Co. Ltd.		197,380		2,447
	Jusung Engineering Co. Ltd.		544,164		2,422
	Daishin Securities Co. Ltd. Preference Shares		341,235		2,392
^*	Hyundai Electric & Energy System Co. Ltd.		352,685		2,388
^{*,^}	Able C&C Co. Ltd.		284,919		2,376
^{^}	Cuckoo Homesys Co. Ltd.		81,935		2,351
^*	Lock&Lock Co. Ltd.		253,620		2,305
^*	Yuanta Securities Korea Co. Ltd.		1,083,742		2,297
^*	Hancom Inc.		222,030		2,292
^{*,^}	Vidente Co. Ltd.		422,874		2,291
^{*,§,^}	KONA I Co. Ltd.		206,503		2,212
	Hanil Cement Co. Ltd.		31,138		2,192
	Lotte Confectionery Co. Ltd.		20,576		2,168
^*	Hansol Technics Co. Ltd.		435,620		2,162
^*	Doosan Fuel Cell Co. Ltd.		335,425		2,065
^*	Taihan Electric Wire Co. Ltd.		3,843,791		2,028
	SPC Samlip Co. Ltd.		33,950		1,997
	Namhae Chemical Corp.		309,890		1,991
	Samchully Co. Ltd.		32,206		1,959
	SK Gas Ltd.		30,978		1,955
	Kolmar Korea Holdings Co. Ltd.		107,261		1,932
	GOLFZON Co. Ltd.		43,919		1,930

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Harim Holdings Co. Ltd.		360,803		1,897
^*	Hanwha General Insurance Co. Ltd.		1,017,257		1,825
	Lotte Food Co. Ltd.		5,680		1,794
	Huons Global Co. Ltd.		68,119		1,766
	Hankook Shell Oil Co. Ltd.		8,135		1,753
	Eugene Investment & Securities Co. Ltd.		747,626		1,740
	CJ CheilJedang Corp. Preference Shares		19,037		1,738
^{§,^}	Woongjin Thinkbig Co. Ltd.		768,433		1,732
^*	KCC Glass Corp.		73,043		1,729
^*	Seobu T&D		373,804		1,720
	BGF Co. Ltd.		425,100		1,684
^{*,^}	Coreana Cosmetics Co. Ltd.		394,424		1,679
	INTOPS Co. Ltd.		180,507		1,625
	Namyang Dairy Products Co. Ltd.		6,093		1,615
	Kolon Corp.		111,659		1,613
	Samyang Corp.		49,428		1,603
^*	Hanwha Investment & Securities Co. Ltd.		1,087,838		1,589
^*	Wonik Holdings Co. Ltd.		509,506		1,587
	AK Holdings Inc.		76,189		1,579
	Korea Asset In Trust Co. Ltd.		786,023		1,564
	LG HelloVision Co. Ltd.		418,958		1,552
	Sungwoo Hitech Co. Ltd.		635,592		1,537
^{*,^}	GNCO Co. Ltd.		1,302,432		1,517
^{*,^}	Hyosung Heavy Industries Corp.		102,278		1,510
	KT Skylife Co. Ltd.		231,378		1,505
^{*,^}	Interflex Co. Ltd.		177,700		1,468
	Dae Han Flour Mills Co. Ltd.		13,712		1,467
^*	Gamevil Inc.		71,162		1,444
	Dae Hwa Pharmaceutical Co. Ltd.		158,443		1,374
^*,§	Cellumed Co. Ltd.		278,259		1,366
	KISWIRE Ltd.		115,135		1,363
	NS Shopping Co. Ltd.		213,314		1,356
	Kyobo Securities Co. Ltd.		227,801		1,354
	Cuckoo Holdings Co. Ltd.		18,059		1,345
	Hyundai Corp.		109,504		1,319
^{*,^}	Homecast Co. Ltd.		449,092		1,314
^*	Lutronic Corp.		289,706		1,282
	KTB Investment & Securities Co. Ltd.		596,367		1,261
	Hyundai Livart Furniture Co. Ltd.		130,989		1,255
	KC Co. Ltd.		109,904		1,248
	Daekyo Co. Ltd.		317,571		1,242
	Humedix Co. Ltd.		73,996		1,215
	Sung Kwang Bend Co. Ltd.		229,084		1,186
^*	Agabang&Company		422,993		1,168
^*	Eusu Holdings Co. Ltd.		233,584		1,141
	Seah Besteel Corp.		146,284		1,118
	TK Corp.		188,198		1,115
^{*,^}	Muhak Co. Ltd.		210,792		1,105
^{^}	CJ Freshway Corp.		63,650		1,096
^*,§	Hansol Holdings Co. Ltd.		431,641		1,066
	Tongyang Life Insurance Co. Ltd.		436,665		1,062
^{*,§,^}	Yuyang DNU Co. Ltd.		1,046,564		1,048
	E1 Corp.		36,346		1,028
^{*,^}	COSON Co. Ltd.		214,941		1,014
^{^}	S&T Dynamics Co. Ltd.		221,389		991
^{*,^}	Lumens Co. Ltd.		671,176		980
	KISCO Corp.		289,193		933
^*	SBS Media Holdings Co. Ltd.		561,659		884
	Sindoh Co. Ltd.		38,198		866
	Interpark Holdings Corp.		571,987		861
	Sam Young Electronics Co. Ltd.		142,933		857
	Cell Biotech Co. Ltd.		72,304		855
^{^}	HLB Inc. Rights Exp. 05/29/2020		58,765		834
	Samsung Electronics Co. Ltd. GDR		781		812

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Hanil Holdings Co. Ltd.		22,911		798
^*	Byucksan Corp.		557,959		725
	It's Hanbul Co. Ltd.		58,492		718
^{*,^}	Ssangyong Motor Co.		502,923		643
	DB Financial Investment Co. Ltd.		211,514		614
	SeAH Steel Corp.		18,142		592
^{*,^}	Humax Co. Ltd.		197,853		556
^{*,^}	Taewoong Co. Ltd.		114,591		544
^{*,^}	Esmo Corp.		1,427,158		532
	SeAH Steel Holdings Corp.		16,856		400
^*,§	Tera Resource Co. Ltd.		209,223		8
^*,§	CNK International Co. Ltd.		259,916		—
					12,133,594
Spain (1.5%)
^*	Iberdrola SA		103,285,943		1,027,471
	Banco Santander SA (XMAD)		277,416,480		619,859
	Industria de Diseno Textil SA		18,323,223		469,304
	Banco Bilbao Vizcaya Argentaria SA		115,383,452		377,165
	Telefonica SA		78,852,478		360,553
	Amadeus IT Group SA		7,107,908		339,280
^{^,1}	Cellnex Telecom SA		4,733,020		247,561
^*	Repsol SA		23,814,085		216,157
^*	Ferrovial SA		8,282,924		207,404
	Grifols SA		5,556,007		189,610
^*,1	Aena SME SA		1,231,797		155,928
	Red Electrica Corp. SA		7,549,299		132,882
	Endesa SA		5,511,733		122,252
	CaixaBank SA		62,918,910		113,199
^*	ACS Actividades de Construccion y Servicios SA		4,243,418		106,113
	Enagas SA		4,373,131		102,077
	Naturgy Energy Group SA		5,155,079		91,078
^*	Siemens Gamesa Renewable Energy SA		3,942,083		58,641
	Inmobiliaria Colonial Socimi SA		5,841,654		56,424
	Merlin Properties Socimi SA		5,820,721		54,017
	Bankinter SA		12,154,359		50,176
	Bolsas y Mercados Espanoles SHMSF SA		1,335,525		48,731
	Viscofan SA		705,253		45,199
	Banco de Sabadell SA		99,585,893		41,288
	Acciona SA		363,385		36,017
	Mapfre SA		17,674,920		32,434
^*	Masmovil Ibercom SA		1,491,577		28,164
	Ebro Foods SA		1,229,671		26,169
	Acerinox SA		3,162,777		23,826
^{^}	Bankia SA		21,533,397		21,913
	Zardoya Otis SA		3,043,008		21,178
	Banco Santander SA (XMEX)		9,179,183		19,805
	Faes Farma SA		4,524,571		19,784
^*	Indra Sistemas SA		2,223,345		19,174
	Cia de Distribucion Integral Logista Holdings SA		1,041,263		18,587
^*	Pharma Mar SA		2,883,854		17,242
	CIE Automotive SA		986,096		17,180
^*	Almirall SA		1,314,649		16,954
	Applus Services SA		2,351,060		15,425
¹	Euskaltel SA		1,562,673		12,456
^*	Sacyr SA		6,551,230		12,287
^*	Mediaset Espana Comunicacion SA		3,167,101		11,349
^*	Fluidra SA		984,232		10,968
^*,1	Neinor Homes SA		1,217,042		10,663
	Construcciones y Auxiliar de Ferrocarriles SA		295,154		10,105
	Melia Hotels International SA		2,148,490		9,859
	Prosegur Cia de Seguridad SA		4,364,683		9,626
	Grifols SA Preference Shares		406,798		8,374
^*	Tecnicas Reunidas SA		500,683		7,673
¹	Gestamp Automocion SA		2,888,718		7,234

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^{^}	Ence Energia y Celulosa SA		2,236,320		7,187
¹	Unicaja Banco SA		13,107,273		7,092
^*,1	Global Dominion Access SA		1,827,655		5,623
¹	Prosegur Cash SA		6,134,719		5,354
^*,1	Aedas Homes SA		322,375		4,932
^{*,^}	Distribuidora Internacional de Alimentacion SA		31,805,621		4,605
	Lar Espana Real Estate Socimi SA		1,041,069		4,267
	Liberbank SA		21,187,074		4,238
^*	Promotora de Informaciones SA		6,373,282		4,211
¹	Metrovacesa SA		699,931		3,857
	Atresmedia Corp. de Medios de Comunicacion SA		1,399,586		3,623
^{^}	Telefonica SA ADR		351,474		1,603
^{^}	NH Hotel Group SA		333,204		1,173
^{*,^}	Audax Renovables SA		195,096		435
^{*,§,^}	Let's GOWEX SA		155,449		—
					5,735,015
Sweden (2.0%)
	Telefonaktiebolaget LM Ericsson Class B		52,300,844		446,815
	Investor AB Class B		8,700,467		432,398
^{^}	Atlas Copco AB Class A		11,108,634		382,853
^*	Essity AB Class B		10,589,872		343,042
^*	Volvo AB Class B		26,087,739		334,303
^*	Sandvik AB		18,728,047		288,102
^{*,^}	Assa Abloy AB Class B		15,981,532		286,100
^*	Svenska Handelsbanken AB Class A		25,550,357		233,207
^*	Hexagon AB Class B		4,427,004		217,242
^{^}	Hennes & Mauritz AB Class B		15,290,862		209,020
^*	Skandinaviska Enskilda Banken AB Class A		25,366,114		208,826
^*	Swedbank AB Class A		17,460,000		206,624
^{^}	Atlas Copco AB Class B		6,414,424		198,410
	Swedish Match AB		2,864,125		176,993
	Telia Co. AB		45,414,440		157,904
	Tele2 AB		9,309,534		120,043
^*	Skanska AB Class B		6,218,801		118,317
^{*,^}	Svenska Cellulosa AB SCA Class B		10,845,684		115,037
	Epiroc AB Class A		10,976,824		109,852
	Skf Ab		6,654,599		105,034
^*	Alfa Laval AB		5,463,942		102,104
	Nibe Industrier AB Class B		5,302,268		98,923
¹	Evolution Gaming Group AB		2,157,235		98,794
^{^}	Boliden AB		4,795,742		96,670
	Kinnevik AB		4,228,124		86,901
	Castellum AB		4,737,225		83,090
	Lundin Energy AB		3,076,923		79,166
^*	Getinge AB		3,909,129		74,927
	Investor AB Class A		1,470,700		72,555
^*	Industrivarden AB Class A		3,414,446		70,072
^*	Fastighets AB Balder Class B		1,701,868		67,253
	Epiroc AB Class B		6,555,283		64,675
^{^}	Securitas AB Class B		5,424,356		64,182
^*	Industrivarden AB Class C		3,090,428		63,239
^{*,^}	ICA Gruppen AB		1,353,282		59,213
^*	Swedish Orphan Biovitrum AB		3,085,902		59,123
	Electrolux AB Class B		4,221,874		57,729
	Elekta AB Class B		6,260,776		56,882
	Fabege AB		4,653,941		55,130
^*	L E Lundbergforetagen AB Class B		1,302,508		54,688
^*	Trelleborg AB Class B		4,267,485		54,342
	Indutrade AB		1,684,421		54,152
	AAK AB		3,026,912		49,441
^*	Holmen AB		1,709,673		49,051
^*	EQT AB		3,511,113		48,518
	Husqvarna AB		7,168,046		43,132
^*	Sweco AB Class B		1,205,964		41,201

100

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Axfood AB		1,851,882		39,395
^{^}	BillerudKorsnas AB		3,102,772		39,117
^*	Lifco AB Class B		806,679		38,130
^{*,^}	Saab AB Class B		1,642,688		37,470
¹	Thule Group AB		1,886,811		35,183
^*,1	Dometic Group AB		5,218,687		34,878
^{*,^}	Wihlborgs Fastigheter AB		2,383,978		34,017
	Investment AB Latour Class B		2,205,119		32,968
	Loomis AB Class B		1,344,752		32,793
^*	Hexpol AB		4,511,339		32,411
	AF Poyry AB		1,779,994		32,339
^*	Samhallsbyggnadsbolaget i Norden AB Ordinary Shares		16,034,028		31,051
	Wallenstam AB		2,847,546		29,530
^*,1	Bravida Holding AB		3,587,413		28,964
	Peab AB Class B		3,615,914		27,546
	Kungsleden AB		3,510,668		26,735
	NCC AB Class B		1,676,984		25,565
	Hufvudstaden AB Class A		1,960,480		25,121
	Nordic Entertainment Group AB Class B		1,056,851		25,049
	Avanza Bank Holding AB		1,989,609		24,038
	Jm Ab		1,251,641		23,196
^{*,^}	SSAB AB Class B		9,637,156		22,274
	Beijer Ref AB		1,075,335		22,095
^*	AddTech AB		757,043		20,524
^{^}	Mycronic AB		1,227,449		20,504
	Vitrolife AB		1,122,693		20,372
^{*,^}	Intrum AB		1,300,704		19,827
	Arjo AB		3,735,209		18,448
^*	Nyfosa AB		2,897,627		17,742
^{*,^}	Sectra AB Class B		415,083		17,644
^*	Pandox AB Class B		1,533,057		16,244
	Bure Equity AB		839,292		15,325
	Nolato AB Class B		281,330		14,787
^{^}	Klovern AB		10,526,450		14,219
^*	Catena AB		438,905		13,966
^{*,^}	SSAB AB Class A		5,201,885		12,496
^*	Betsson AB		2,215,030		12,482
^*	NetEnt AB		3,298,768		11,395
^*	Modern Times Group MTG AB Class B		1,106,956		11,137
	Atrium Ljungberg AB		772,386		10,704
	Lindab International AB		1,133,661		10,388
¹	Resurs Holding AB		2,707,142		9,961
^*	Electrolux Professional AB Class B		4,115,629		9,475
^*	Svenska Handelsbanken AB Class B		923,989		9,222
^*	Bilia AB		1,259,641		8,543
^*,1	Munters Group AB		1,897,960		7,975
	Ratos AB		3,340,853		7,908
^*	Cloetta AB		3,341,074		7,694
	Nobia AB		1,863,785		6,969
^*	Concentric AB		607,005		6,843
	Bonava AB Class B		1,345,347		6,521
^{*,^}	Hansa Biopharma AB		538,925		6,464
^*,1	Attendo AB		1,696,414		6,447
	Klovern AB Preference Shares		199,056		6,154
	SkiStar AB		637,793		5,925
	Investment AB Oresund		549,141		5,706
^{^}	Clas Ohlson AB		639,045		5,608
¹	Scandic Hotels Group AB		1,221,019		5,594
^*	Adapteo Oyj		666,312		4,778
	Sagax AB		1,528,899		4,504
	Telefonaktiebolaget LM Ericsson Class A		380,838		3,597
^*	Mekonomen AB		659,857		3,417
^{*,^}	SAS AB		3,151,721		2,947
	Samhallsbyggnadsbolaget i Norden AB		1,015,211		2,747

101

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Dios Fastigheter AB		306,144		1,885
	Ncc Ab Class A		106,485		1,625
^*	Collector AB		959,987		1,475
	Sagax AB Preference Shares		319,745		1,133
^*	Skandinaviska Enskilda Banken AB Class C		81,783		731
	Bonava AB		73,624		391
					7,625,583
Switzerland (6.4%)
^*	Nestle SA		50,417,001		5,339,666
	Roche Holding AG		12,173,818		4,215,761
	Novartis AG		37,108,122		3,166,750
	Zurich Insurance Group AG		2,577,848		817,318
	UBS Group AG		58,954,607		631,256
	ABB Ltd.		31,082,832		590,023
^*	Lonza Group AG		1,290,134		563,357
	Givaudan SA		161,218		540,610
	Cie Financiere Richemont SA		8,884,352		504,040
^*	Alcon Inc.		8,010,675		422,780
^*	Sika AG		2,425,758		401,243
	Credit Suisse Group AG		42,532,204		388,346
^{^}	SWISS RE AG		4,835,952		351,411
	LafargeHolcim Ltd. (XSWX)		7,335,451		304,663
	Geberit AG		618,677		276,674
	SGS SA-REG		103,415		233,273
	Swisscom AG		443,599		230,491
	Partners Group Holding AG		287,974		226,935
	Swiss Life Holding AG		575,902		204,228
	Sonova Holding AG		932,118		168,353
	Schindler Holding AG		742,972		165,353
	Chocoladefabriken Lindt & Spruengli AG (Registered)		1,782		149,610
^*	Julius Baer Group Ltd.		3,802,805		149,356
	Roche Holding AG (Bearer)		417,124		144,870
	Chocoladefabriken Lindt & Spruengli AG		17,475		136,130
	Temenos AG		1,036,531		134,315
	Straumann Holding AG		175,011		133,153
	Kuehne & Nagel International AG		881,206		126,050
	Swiss Prime Site AG		1,322,500		125,911
	Baloise Holding AG		823,424		123,199
	Logitech International SA		2,550,288		122,830
	Vifor Pharma AG		781,369		117,224
	Adecco Group AG		2,653,078		116,101
	Barry Callebaut AG		52,953		103,684
	Swatch Group AG (Bearer)		474,527		95,219
	EMS-Chemie Holding AG		125,112		80,906
	PSP Swiss Property AG		695,839		80,834
¹	VAT Group AG		454,620		75,031
^*	SIG Combibloc Group AG		4,453,578		72,134
	Tecan Group AG		207,439		66,783
^*	Clariant AG		3,509,869		64,883
	Schindler Holding AG (Registered)		287,819		61,894
¹	Galenica AG		853,482		61,118
	LafargeHolcim Ltd. (XPAR)		1,401,544		58,609
^*	ams AG		4,380,410		57,501
^*	Georg Fischer AG		73,976		55,208
	Belimo Holding AG		8,202		54,606
	Helvetia Holding AG		575,357		52,447
	Pargesa Holding SA		689,853		49,074
^*	Allreal Holding AG		261,070		48,492
^*	Cembra Money Bank AG		503,413		47,858
^*,1	Sunrise Communications Group AG		596,917		47,814
^*	Idorsia Ltd.		1,574,092		45,606
	Banque Cantonale Vaudoise		51,380		45,367
^*	Flughafen Zurich AG		333,631		41,259
^*	DKSH Holding AG		639,133		35,990

102

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	Mobimo Holding AG		124,438		34,302
^*	Bucher Industries AG		118,403		33,394
^*	Siegfried Holding AG		71,702		32,683
	Emmi AG		35,066		32,210
	Landis&Gyr Group AG		444,036		29,986
^{*,^}	Stadler Rail AG		682,088		29,799
	dormakaba Holding AG		54,257		27,077
	Bkw AG		324,460		26,319
	Swatch Group AG (Registered)		671,212		26,095
	SFS Group AG		329,373		26,064
	OC Oerlikon Corp. AG		3,465,925		26,029
	Vontobel Holding AG		499,510		25,940
	Valiant Holding AG		260,542		25,167
	Forbo Holding AG		18,100		24,308
	Inficon Holding AG		34,923		23,607
	Daetwyler Holding AG		136,346		23,367
	Sulzer AG		319,585		22,604
	Bachem Holding AG		93,679		22,130
	Interroll Holding AG		10,157		19,312
	Huber & Suhner AG		293,480		18,741
	Conzzeta AG		21,414		18,353
^*	St. Galler Kantonalbank AG		40,870		17,648
^*	Comet Holding AG		130,387		17,475
^*	Kardex AG		113,468		16,388
	Berner Kantonalbank AG		70,021		16,326
^*	Schweiter Technologies AG		16,043		15,917
	Dufry AG		484,769		15,874
^*	VZ Holding AG		210,660		14,706
^*	Valora Holding AG		66,271		11,904
	ALSO Holding AG		54,364		11,184
	Swissquote Group Holding SA		170,336		11,062
	Implenia AG		269,181		11,010
	Burckhardt Compression Holding AG		50,204		10,187
^{*,^}	Basilea Pharmaceutica AG		200,287		10,095
	LEM Holding SA		7,780		10,061
^{*,^}	Komax Holding AG		64,435		9,346
^*	Vetropack Holding AG		3,151		9,277
^{*,^}	u-blox Holding AG		131,476		9,209
	Liechtensteinische Landesbank AG		157,815		8,995
^{*,^}	COSMO Pharmaceuticals NV		113,097		8,609
	Intershop Holding AG		16,420		8,429
	Leonteq AG		204,001		7,336
^*,1	Medacta Group SA		105,381		7,335
^*	Bell Food Group AG		28,550		7,291
^{*,^}	EFG International AG		1,154,174		7,167
^{*,^}	Bossard Holding AG		54,926		6,851
^*	Aryzta AG (XVTX)		16,193,535		6,580
^{^}	Bobst Group SA		126,591		6,319
^{^}	Ypsomed Holding AG		47,498		6,230
	Zehnder Group AG		149,800		5,870
^*	GAM Holding AG		2,771,347		5,818
^{*,^}	Arbonia AG		673,053		5,707
^*	VP Bank AG		36,663		4,848
^{*,^}	Rieter Holding AG		49,447		4,823
^{*,^}	Autoneum Holding AG		53,216		4,678
^*	Ascom Holding AG		576,731		4,374
^{*,§,^}	Alpiq Holding AG		53,239		3,861
^*	Hiag Immobilien Holding AG		42,115		3,856
	Apg Sga SA		13,505		2,477
	HBM Healthcare Investments AG		5,637		1,268
^*,§	Aryzta AG (XLON)		772,280		245
^*	Aryzta AG (XDUB)		37,652		15
					23,617,735

103

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
Taiwan (3.9%)
	Taiwan Semiconductor Manufacturing Co. Ltd.		419,108,748		4,227,885
	Hon Hai Precision Industry Co. Ltd.		208,209,135		535,091
	MediaTek Inc.		25,794,239		356,178
	Formosa Plastics Corp.		85,502,724		250,972
	Largan Precision Co. Ltd.		1,785,346		243,367
	Nan Ya Plastics Corp.		99,130,133		219,301
	Chunghwa Telecom Co. Ltd.		59,172,198		217,482
	CTBC Financial Holding Co. Ltd.		320,112,922		213,321
	Uni-President Enterprises Corp.		84,065,979		195,738
	Cathay Financial Holding Co. Ltd.		145,126,283		193,645
	Mega Financial Holding Co. Ltd.		192,141,675		193,281
	Fubon Financial Holding Co. Ltd.		129,570,092		183,209
	Delta Electronics Inc.		37,977,649		177,136
	E.Sun Financial Holding Co. Ltd.		194,026,925		176,291
	Formosa Chemicals & Fibre Corp.		60,219,437		152,537
	China Steel Corp.		217,041,247		145,367
	First Financial Holding Co. Ltd.		177,870,797		130,997
	ASE Technology Holding Co. Ltd.		57,055,461		127,103
	Taiwan Cement Corp.		85,769,392		123,746
	Yuanta Financial Holding Co. Ltd.		199,641,239		113,791
	Taiwan Cooperative Financial Holding Co. Ltd.		168,796,255		113,349
	Hua Nan Financial Holdings Co. Ltd.		164,190,368		106,655
	Hotai Motor Co. Ltd.		5,639,625		104,125
	Taiwan Mobile Co. Ltd.		28,430,541		102,438
	President Chain Store Corp.		9,865,379		102,015
	Quanta Computer Inc.		46,990,648		101,531
	Catcher Technology Co. Ltd.		12,926,062		97,908
	United Microelectronics Corp.		178,206,905		92,198
	Yageo Corp.		6,829,451		88,362
	Shanghai Commercial & Savings Bank Ltd.		59,763,560		88,007
	Asustek Computer Inc.		12,464,511		84,256
	Chailease Holding Co. Ltd.		21,534,944		81,819
	China Development Financial Holding Corp.		262,215,938		79,338
	SinoPac Financial Holdings Co. Ltd.		193,154,200		78,617
	Pegatron Corp.		35,736,541		78,403
	Taishin Financial Holding Co. Ltd.		182,865,322		77,779
	Chang Hwa Commercial Bank Ltd.		112,021,913		73,254
	Formosa Petrochemical Corp.		23,954,003		71,870
	Realtek Semiconductor Corp.		8,328,988		71,324
	Accton Technology Corp.		9,329,436		67,630
	Far EasTone Telecommunications Co. Ltd.		28,634,902		63,778
	Far Eastern New Century Corp.		73,294,493		63,647
	Advantech Co. Ltd.		6,646,900		62,868
	Win Semiconductors Corp.		6,998,163		62,561
	Novatek Microelectronics Corp.		10,013,121		62,271
	Asia Cement Corp.		41,730,955		61,307
	Shin Kong Financial Holding Co. Ltd.		214,218,951		60,985
	Walsin Technology Corp.		8,375,615		59,318
	Lite-On Technology Corp.		37,989,809		59,034
	Airtac International Group		2,622,766		50,261
	Compal Electronics Inc.		74,595,652		47,554
	Wistron Corp.		50,702,524		47,546
	Globalwafers Co. Ltd.		3,679,436		46,828
	Pou Chen Corp.		48,926,366		46,074
	Inventec Corp.		54,700,836		42,980
	Hiwin Technologies Corp.		4,455,255		42,495
	Taiwan High Speed Rail Corp.		36,998,487		42,256
	Powertech Technology Inc.		12,562,231		42,009
	Silergy Corp.		1,053,661		41,860
	Foxconn Technology Co. Ltd.		21,292,233		40,883
	Micro-Star International Co. Ltd.		12,454,460		38,633
	Feng TAY Enterprise Co. Ltd.		6,705,061		38,146
^*	Wiwynn Corp.		1,471,000		37,745

104

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Zhen Ding Technology Holding Ltd.		10,407,214		37,344
	Cheng Shin Rubber Industry Co. Ltd.		32,443,063		37,297
	Vanguard International Semiconductor Corp.		15,975,461		37,063
	Macronix International		30,560,546		36,461
	WPG Holdings Ltd.		27,972,420		36,439
^*	China Life Insurance Co. Ltd.		52,807,586		36,058
	Eclat Textile Co. Ltd.		3,569,128		35,632
	Synnex Technology International Corp.		25,626,184		34,201
	Taiwan Business Bank		93,999,213		34,051
	Simplo Technology Co. Ltd.		3,231,139		33,557
	Giant Manufacturing Co. Ltd.		5,602,958		33,027
	Innolux Corp.		151,499,515		32,906
	Chroma ATE Inc.		7,061,121		32,538
	AU Optronics Corp.		121,423,874		31,932
	Tripod Technology Corp.		9,021,270		31,876
	Unimicron Technology Corp.		22,033,661		31,207
	Chicony Electronics Co. Ltd.		11,000,280		30,986
	Nanya Technology Corp.		14,238,186		30,563
	Acer Inc.		54,123,771		29,965
	Parade Technologies Ltd.		1,209,732		29,732
	Teco Electric and Machinery Co. Ltd.		33,018,034		29,711
^*	Tatung Co. Ltd.		38,977,319		28,007
	ITEQ Corp.		5,771,029		27,857
	Sino-American Silicon Products Inc.		9,219,540		27,233
	Radiant Opto-Electronics Corp.		8,087,517		26,543
	Chunghwa Telecom Co. Ltd. ADR		704,946		25,949
	Phison Electronics Corp.		2,721,894		25,830
	Compeq Manufacturing Co. Ltd.		19,380,494		25,636
	Walsin Lihwa Corp.		55,643,176		24,415
	Winbond Electronics Corp.		52,374,469		24,303
	King Yuan Electronics Co. Ltd.		20,038,721		24,020
	ASPEED Technology Inc.		595,873		23,563
	Highwealth Construction Corp.		15,954,367		23,281
	Genius Electronic Optical Co. Ltd.		1,420,565		22,833
	Poya International Co. Ltd.		1,355,465		22,654
	Chipbond Technology Corp.		11,990,255		22,572
	Elite Material Co. Ltd.		5,208,298		22,509
	Taiwan Fertilizer Co. Ltd.		14,541,225		22,410
	Epistar Corp.		16,944,425		21,573
	Voltronic Power Technology Corp.		870,915		20,674
	Merida Industry Co. Ltd.		4,037,004		20,617
	FLEXium Interconnect Inc.		5,530,334		19,904
	United Integrated Services Co. Ltd.		3,133,603		19,783
	Sinbon Electronics Co. Ltd.		4,030,391		19,618
	Lien Hwa Industrial Holdings Corp.		13,608,106		19,602
	Nien Made Enterprise Co. Ltd.		2,538,202		19,476
	Ruentex Development Co. Ltd.		12,692,278		18,890
	Taiwan Union Technology Corp.		4,184,239		18,864
	Formosa Taffeta Co. Ltd.		16,293,498		18,578
	Ruentex Industries Ltd.		8,072,063		18,487
	Eva Airways Corp.		46,678,943		17,952
^*	Evergreen Marine Corp. Taiwan Ltd.		48,469,779		17,942
	Standard Foods Corp.		7,947,849		17,913
	Taichung Commercial Bank Co. Ltd.		45,535,452		17,442
	TA Chen Stainless Pipe		19,192,767		17,051
	King's Town Bank Co. Ltd.		15,587,696		16,662
	E Ink Holdings Inc.		16,018,378		16,515
	Elan Microelectronics Corp.		5,084,344		16,332
	Merry Electronics Co. Ltd.		3,484,144		16,263
	ASMedia Technology Inc.		582,775		16,191
	International Games System Co. Ltd.		851,763		15,862
	Nan Kang Rubber Tire Co. Ltd.		11,674,745		15,631
	Gigabyte Technology Co. Ltd.		8,976,160		15,543
	Great Wall Enterprise Co. Ltd.		10,956,544		15,159

105

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares			Market Value ($000		)
	Taiwan Surface Mounting Technology Corp.		5,047,113			15,139
	Mitac Holdings Corp.		14,569,259			14,815
	Makalot Industrial Co. Ltd.		3,471,234			14,780
	China Airlines Ltd.		53,130,442			14,663
	China Petrochemical Development Corp.		54,160,290			14,616
	Lotes Co. Ltd.		1,308,038			14,560
	IBF Financial Holdings Co. Ltd.		38,908,909			14,257
	Far Eastern Department Stores Ltd.		17,800,887			13,761
	TCI Co. Ltd.		1,777,788			13,581
	Qisda Corp.		23,436,660			13,214
	Bizlink Holding Inc.		2,008,556			13,087
	HTC Corp.		13,072,079			13,054
	Global Unichip Corp.		1,622,525			13,038
	Grape King Bio Ltd.		1,915,683			12,687
	Huaku Development Co. Ltd.		4,152,856			12,635
	Eternal Materials Co. Ltd.		14,011,248			12,563
	General Interface Solution Holding Ltd.		3,907,276			12,412
	Cheng Loong Corp.		17,395,761			12,377
	Chilisin Electronics Corp.		3,432,701			12,071
	Far Eastern International Bank		33,760,870			12,016
	Hota Industrial Manufacturing Co. Ltd.		3,823,069			12,013
	CTCI Corp.		10,850,642			11,997
	LandMark Optoelectronics Corp.		1,272,155			11,875
	Taiwan Secom Co. Ltd.		3,916,466			11,584
	Taiwan Paiho Ltd.		5,037,592			11,546
	International CSRC Investment Holdings Co.		16,140,159			11,377
	ChipMOS Technologies Inc.		11,102,348			11,348
	King Slide Works Co. Ltd.		1,075,930			11,189
	Wistron NeWeb Corp.		5,329,164			11,092
	Pixart Imaging Inc.		1,868,804			10,938
	eMemory Technology Inc.		1,151,253			10,826
^*	TaiMed Biologics Inc.		3,335,087			10,748
	Shin Zu Shing Co. Ltd.		2,434,526			10,683
	Clevo Co.		9,681,551			10,662
	Primax Electronics Ltd.		6,807,882			10,646
	Capital Securities Corp.		32,267,508			10,615
	Tong Hsing Electronic Industries Ltd.		2,588,610			10,506
	Jentech Precision Industrial Co. Ltd.		1,445,948			10,468
	Sigurd Microelectronics Corp.		8,588,585			10,458
	TXC Corp.		4,843,090			10,439
	Yulon Motor Co. Ltd.		17,865,491			10,346
	Goldsun Building Materials Co. Ltd.		22,509,722	��		10,332
	Kinpo Electronics		23,565,193			10,221
	Visual Photonics Epitaxy Co. Ltd.		3,433,609			10,093
	Advanced Ceramic X Corp.		948,971			9,889
^§	Yageo Corp. GDR		191,800			9,787
	Sunny Friend Environmental Technology Co. Ltd.		1,123,798			9,724
	Asia Optical Co. Inc.		4,029,519			9,703
	Topco Scientific Co. Ltd.		2,797,260			9,616
	Arcadyan Technology Corp.		3,567,082			9,603
	momo.com Inc.		593,801			9,576
	Sercomm Corp.		3,816,250			9,536
	Transcend Information Inc.		4,032,325			9,523
^*	TPK Holding Co. Ltd.		6,758,313			9,454
	Wafer Works Corp.		8,695,685			9,446
	Holy Stone Enterprise Co. Ltd.		2,264,126			9,353
	Tong Yang Industry Co. Ltd.		7,733,142			9,242
	Kinsus Interconnect Technology Corp.		5,224,758			9,140
	HannStar Display Corp.		43,581,793			9,131
	St. Shine Optical Co. Ltd.		777,727			9,068
	WT Microelectronics Co. Ltd.		7,038,486			9,059
	Chong Hong Construction Co. Ltd.		3,198,790			8,807
	Unitech Printed Circuit Board Corp.		11,539,956			8,696
	Cheng Uei Precision Industry Co. Ltd.		6,811,595			8,695

106

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Supreme Electronics Co. Ltd.		7,685,033		8,631
	Nan Ya Printed Circuit Board Corp.		3,643,556		8,629
^{^}	AU Optronics Corp. ADR		3,328,829		8,522
	Getac Technology Corp.		5,636,752		8,399
	Taiwan Hon Chuan Enterprise Co. Ltd.		4,585,133		8,353
	Charoen Pokphand Enterprise		3,960,431		8,352
	Sitronix Technology Corp.		1,705,567		8,292
^*	PharmaEssentia Corp.		2,647,562		8,244
	Tung Ho Steel Enterprise Corp.		10,649,567		8,223
	Run Long Construction Co. Ltd.		4,103,449		8,132
	TTY Biopharm Co. Ltd.		3,419,457		8,113
	China Steel Chemical Corp.		2,207,245		7,762
	Everlight Electronics Co. Ltd.		7,137,687		7,741
	U-Ming Marine Transport Corp.		7,757,610		7,671
	Shinkong Synthetic Fibers Corp.		20,863,312		7,661
	Yulon Finance Corp.		2,277,238		7,646
	Advanced Wireless Semiconductor Co.		2,502,030		7,531
^*	Grand Pacific Petrochemical Corp.		14,812,283		7,421
^*	XinTec Inc.		2,721,714		7,393
	YFY Inc.		17,103,047		7,314
	Foxsemicon Integrated Technology Inc.		1,340,131		7,299
^*	Alchip Technologies Ltd.		735,520		7,161
	Career Technology MFG. Co. Ltd.		7,600,388		7,153
	Hannstar Board Corp.		5,357,000		7,116
	Coretronic Corp.		6,663,212		7,100
	United Microelectronics Corp. ADR		2,835,379		7,088
	Center Laboratories Inc.		4,347,596		6,982
	Wan Hai Lines Ltd.		12,271,127		6,916
	Cathay Real Estate Development Co. Ltd.		10,400,505		6,883
	Chunghwa Precision Test Tech Co. Ltd.		316,368		6,850
	Egis Technology Inc.		1,075,582		6,819
^*	Gold Circuit Electronics Ltd.		6,184,941		6,797
	Ardentec Corp.		7,751,391		6,793
	Oriental Union Chemical Corp.		12,027,474		6,787
^*	Innodisk Corp.		1,086,000		6,747
	TaiDoc Technology Corp.		1,045,645		6,663
	Taiwan Glass Industry Corp.		21,962,615		6,604
	Longchen Paper & Packaging Co. Ltd.		14,529,579		6,472
^*	OBI Pharma Inc.		2,142,745		6,372
	A-DATA Technology Co. Ltd.		3,362,467		6,364
^*	AURAS Technology Co. Ltd.		1,103,000		6,346
	Global Mixed Mode Technology Inc.		1,454,342		6,346
	Sanyang Motor Co. Ltd.		9,499,689		6,285
	Ennoconn Corp.		966,660		6,255
	Dynapack International Technology Corp.		2,601,479		6,193
^*	Nichidenbo Corp.		3,777,000		6,162
	Greatek Electronics Inc.		4,061,961		6,161
	Holtek Semiconductor Inc.		2,769,952		6,150
^*	Fulgent Sun International Holding Co. Ltd.		1,882,000		6,097
	Systex Corp.		2,238,140		6,086
^*	Brighton-Best International Taiwan Inc.		6,987,000		6,046
	Cub Elecparts Inc.		1,270,736		6,034
	Cleanaway Co. Ltd.		1,149,359		6,013
	Chlitina Holding Ltd.		910,977		5,978
^*	United Renewable Energy Co. Ltd.		33,865,363		5,940
	Machvision Inc.		527,768		5,907
	TSRC Corp.		10,842,009		5,888
^*	Fusheng Precision Co. Ltd.		1,066,000		5,884
	Sporton International Inc.		890,174		5,874
	Asia Vital Components Co. Ltd.		4,302,644		5,820
^*	Via Technologies Inc.		5,572,909		5,809
	Faraday Technology Corp.		4,015,786		5,773
	BES Engineering Corp.		23,807,754		5,670
	Jih Sun Financial Holdings Co. Ltd.		17,785,225		5,616

107

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Wisdom Marine Lines Co. Ltd.		6,626,903		5,573
	Farglory Land Development Co. Ltd.		3,867,158		5,550
*	Mercuries Life Insurance Co. Ltd.		17,245,725		5,541
	Elite Advanced Laser Corp.		2,306,862		5,438
*	PChome Online Inc.		1,642,661		5,422
	Taiwan Cogeneration Corp.		4,878,754		5,386
	ScinoPharm Taiwan Ltd.		5,526,946		5,361
	Elite Semiconductor Memory Technology Inc.		3,900,717		5,326
	Nantex Industry Co. Ltd.		5,230,409		5,297
	Lung Yen Life Service Corp.		2,814,221		5,279
	Chaun-Choung Technology Corp.		629,645		5,262
*	Asia Pacific Telecom Co. Ltd.		22,904,002		5,260
	President Securities Corp.		11,694,203		5,255
*	Rexon Industrial Corp. Ltd.		2,187,000		5,254
	USI Corp.		12,539,641		5,215
	ASE Technology Holding Co. Ltd. ADR		1,185,558		5,157
	TA-I Technology Co. Ltd.		1,926,535		5,134
	Kindom Development Co. Ltd.		5,870,955		5,133
	Chung-Hsin Electric & Machinery Manufacturing Corp.		6,046,593		5,113
	Test Research Inc.		2,880,878		4,990
	Prince Housing & Development Corp.		14,633,870		4,957
	Taiflex Scientific Co. Ltd.		3,181,994		4,946
	FocalTech Systems Co. Ltd.		4,586,611		4,928
	AcBel Polytech Inc.		7,090,994		4,923
	Wei Chuan Foods Corp.		6,669,507		4,862
	Yieh Phui Enterprise Co. Ltd.		16,195,938		4,838
	Formosa International Hotels Corp.		1,019,756		4,811
	China Man-Made Fiber Corp.		22,005,497		4,781
	Pharmally International Holding Co. Ltd.		868,039		4,727
	Taiwan PCB Techvest Co. Ltd.		4,180,549		4,712
	Lite-On Semiconductor Corp.		3,396,636		4,706
	Taiwan Styrene Monomer Corp.		8,306,977		4,698
	Darfon Electronics Corp.		3,762,164		4,674
	Taiwan Semiconductor Co. Ltd.		3,621,342		4,627
	Tainan Spinning Co. Ltd.		15,042,940		4,607
	Taiwan FamilyMart Co. Ltd.		619,073		4,603
	Hung Sheng Construction Ltd.		7,600,384		4,504
^*	CMC Magnetics Corp.		17,089,610		4,485
	Concraft Holding Co. Ltd.		1,053,979		4,484
	Chin-Poon Industrial Co. Ltd.		5,209,799		4,472
	China Motor Corp.		4,090,222		4,340
	Aten International Co. Ltd.		1,408,480		4,333
	Pan Jit International Inc.		5,322,398		4,332
	Alpha Networks Inc.		5,849,978		4,314
	YungShin Global Holding Corp.		2,855,434		4,260
	Gourmet Master Co. Ltd.		1,310,237		4,207
	Mercuries & Associates Holding Ltd.		5,639,588		4,145
	China General Plastics Corp.		6,805,531		4,132
	D-Link Corp.		10,158,679		4,128
	Wah Lee Industrial Corp.		2,270,126		4,126
	Pan-International Industrial Corp.		6,454,613		4,093
	OptoTech Corp.		5,686,266		4,080
^*	Lotus Pharmaceutical Co. Ltd.		1,623,189		4,043
	SDI Corp.		2,492,876		4,020
	Ginko International Co. Ltd.		755,780		3,960
	Ho Tung Chemical Corp.		15,942,141		3,959
	UPC Technology Corp.		11,783,277		3,945
	China Metal Products		4,645,113		3,924
	Radium Life Tech Co. Ltd.		11,130,715		3,922
	Johnson Health Tech Co. Ltd.		1,781,092		3,891
	Kung Long Batteries Industrial Co. Ltd.		795,932		3,875
	Sonix Technology Co. Ltd.		2,510,316		3,862
	Syncmold Enterprise Corp.		1,457,099		3,807
	ITE Technology Inc.		2,400,399		3,773

108

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Soft-World International Corp.		1,341,372		3,751
^*	Dynamic Electronics Co. Ltd.		5,860,000		3,747
	Taiwan TEA Corp.		7,624,399		3,650
^*	Gemtek Technology Corp.		5,263,668		3,645
	Xxentria Technology Materials Corp.		2,002,444		3,641
	Casetek Holdings Ltd.		2,305,685		3,601
	Hu Lane Associate Inc.		1,477,641		3,542
	WUS Printed Circuit Co. Ltd.		3,420,539		3,485
^*	Federal Corp.		6,322,195		3,469
^*	Orient Semiconductor Electronics Ltd.		8,321,208		3,408
	YC INOX Co. Ltd.		4,257,613		3,400
^*	Newmax Technology Co. Ltd.		1,909,000		3,380
	Flytech Technology Co. Ltd.		1,473,785		3,373
^*	Roo Hsing Co. Ltd.		10,882,144		3,372
	Kinik Co.		1,699,479		3,344
	Yungtay Engineering Co. Ltd.		1,656,910		3,335
	Lextar Electronics Corp.		5,687,368		3,327
^*	Ritek Corp.		19,583,122		3,281
	Topkey Corp.		867,000		3,218
	Hsin Kuang Steel Co. Ltd.		3,988,403		3,184
^*	Unizyx Holding Corp.		6,049,555		3,177
^*	HannsTouch Solution Inc.		8,553,304		3,172
	Quanta Storage Inc.		2,718,136		3,171
^*	Yang Ming Marine Transport Corp.		13,987,962		3,168
	Namchow Holdings Co. Ltd.		2,080,971		3,158
	Cyberlink Corp.		814,695		3,139
^*	Medigen Biotechnology Corp.		1,715,797		3,053
	Lealea Enterprise Co. Ltd.		12,745,771		3,041
^*	Microbio Co. Ltd.		4,606,488		2,999
	Gloria Material Technology Corp.		5,537,126		2,988
	Sinyi Realty Inc.		3,352,300		2,969
	Firich Enterprises Co. Ltd.		3,079,619		2,960
	Yulon Nissan Motor Co. Ltd.		329,842		2,956
	Asia Polymer Corp.		5,120,752		2,945
	Test Rite International Co. Ltd.		4,564,824		2,941
	Zeng Hsing Industrial Co. Ltd.		671,619		2,933
	Sampo Corp.		4,491,497		2,897
	CyberTAN Technology Inc.		5,808,006		2,884
	Ton Yi Industrial Corp.		9,237,324		2,837
	Swancor Holding Co. Ltd.		1,161,426		2,813
	Iron Force Industrial Co. Ltd.		899,535		2,762
^*	CSBC Corp. Taiwan		3,743,675		2,748
^*	Shining Building Business Co. Ltd.		8,866,769		2,684
	Rich Development Co. Ltd.		8,571,660		2,673
	Depo Auto Parts Ind Co. Ltd.		1,705,025		2,671
	Evergreen International Storage & Transport Corp.		6,029,793		2,667
	Darwin Precisions Corp.		6,755,570		2,645
	Adlink Technology Inc.		1,188,484		2,636
^*	AmTRAN Technology Co. Ltd.		10,047,832		2,580
^*	Taigen Biopharmaceuticals Holdings Ltd.		5,329,526		2,565
^*	Yeong Guan Energy Technology Group Co. Ltd.		1,216,740		2,510
	Everlight Chemical Industrial Corp.		5,106,329		2,406
^*	Silicon Integrated Systems Corp.		6,040,320		2,323
	KEE TAI Properties Co. Ltd.		7,095,979		2,321
	Formosan Rubber Group Inc.		3,839,306		2,310
	PharmaEngine Inc.		1,309,477		2,296
	Brogent Technologies Inc.		570,643		2,255
	Ta Ya Electric Wire & Cable		6,818,981		2,241
	Huang Hsiang Construction Corp.		1,987,571		2,229
	Altek Corp.		3,416,823		2,217
	Sunplus Technology Co. Ltd.		6,244,752		2,206
	Li Cheng Enterprise Co. Ltd.		2,008,527		2,156
	Basso Industry Corp.		1,442,339		2,044
^*	Taiwan Land Development Corp.		8,808,935		2,041

109

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Posiflex Technology Inc.		657,612		2,011
	Kuo Toong International Co. Ltd.		3,478,809		2,010
	IEI Integration Corp.		1,696,669		1,997
	TYC Brother Industrial Co. Ltd.		2,436,099		1,965
	Bank of Kaohsiung Co. Ltd.		6,049,679		1,936
^*	Marketech International Corp.		775,240		1,914
	Tyntek Corp.		4,469,095		1,906
	Li Peng Enterprise Co. Ltd.		9,269,714		1,895
	Global Brands Manufacture Ltd.		3,922,999		1,860
	Sincere Navigation Corp.		3,756,309		1,857
	Rechi Precision Co. Ltd.		3,199,896		1,832
	Weltrend Semiconductor Inc.		2,040,182		1,816
	China Chemical & Pharmaceutical Co. Ltd.		2,542,766		1,806
	Ichia Technologies Inc.		3,945,439		1,771
	Wowprime Corp.		785,817		1,768
	L&K Engineering Co. Ltd.		1,949,623		1,667
	Hong Pu Real Estate Development Co. Ltd.		2,250,931		1,653
	Zinwell Corp.		3,026,006		1,610
^*	Tung Thih Electronic Co. Ltd.		999,118		1,593
	CHC Healthcare Group		1,309,222		1,576
	Chung Hwa Pulp Corp.		6,165,818		1,573
	Advanced International Multitech Co. Ltd.		1,379,115		1,520
^*	Gigasolar Materials Corp.		482,250		1,482
	China Electric Manufacturing Corp.		3,432,253		1,479
	Taiyen Biotech Co. Ltd.		1,406,580		1,469
	Senao International Co. Ltd.		1,495,428		1,459
	Vivotek Inc.		595,724		1,431
	Lingsen Precision Industries Ltd.		3,997,421		1,328
	Ability Enterprise Co. Ltd.		3,099,904		1,275
^*	Elitegroup Computer Systems Co. Ltd.		3,469,479		1,264
^*	Motech Industries Inc.		6,518,468		1,181
^*	ALI Corp.		2,229,362		1,145
	Jess-Link Products Co. Ltd.		1,093,887		1,144
	Infortrend Technology Inc.		2,822,873		1,109
^*	Etron Technology Inc.		4,737,882		1,047
	Globe Union Industrial Corp.		2,345,001		1,036
^*	AGV Products Corp.		4,265,983		1,024
	Tong-Tai Machine & Tool Co. Ltd.		2,293,126		1,017
^*	Gigastorage Corp.		3,042,320		1,015
	FSP Technology Inc.		1,120,071		912
	Toung Loong Textile Manufacturing		1,003,481		908
^*	Concord Securities Co. Ltd.		3,570,803		836
	Chia Hsin Cement Corp.		1,203,000		692
^*	Phihong Technology Co. Ltd.		2,804,679		687
	Nien Hsing Textile Co. Ltd.		1,256,027		671
	Sheng Yu Steel Co. Ltd.		1,178,000		639
^*,§	Unity Opto Technology Co. Ltd.		4,231,961		586
^*	Tatung Co. Ltd. GDR		38,865		561
	Taiwan Sakura Corp.		290,000		459
	Sunonwealth Electric Machine Industry Co. Ltd.		330,000		431
^*,§	E-Ton Solar Tech Co. Ltd.		696,074		34
^*,§	Green Energy Technology Inc.		2,817,405		30
	Taiwan Semiconductor Manufacturing Co. Ltd. ADR		45		2
^*,§	Pihsiang Machinery Manufacturing Co. Ltd.		1,232,000		—
^*,§	XPEC Entertainment Inc.		872,075		—
^*,§	ProMOS Technologies Inc.		11,745		—
					14,401,936
Thailand (0.8%)
	PTT PCL (Foreign)		239,668,038		261,685
	CP ALL PCL (Foreign)		91,912,848		200,915
	Siam Cement PCL (Foreign)		14,771,937		156,914
	Airports of Thailand PCL (Foreign)		73,874,836		140,904
	Advanced Info Service PCL (Foreign)		19,611,475		119,451
	Bangkok Dusit Medical Services PCL		152,022,267		96,702

110

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Siam Commercial Bank PCL (Foreign)		43,194,398		90,215
	Kasikornbank PCL (Foreign)		30,981,874		81,279
	Gulf Energy Development PCL		67,791,845		80,697
	Central Pattana PCL		44,954,116		66,560
	Intouch Holdings PCL		38,379,820		62,889
	PTT Exploration & Production PCL (Foreign)		23,792,584		61,414
	Charoen Pokphand Foods PCL (Foreign)		62,633,601		51,883
	BTS Group Holdings (Foreign)		143,164,830		50,582
	Digital Telecommunications Infrastructure Fund (Foreign)		90,924,897		44,442
^*	Minor International PCL (Foreign)		67,227,219		43,445
	Krung Thai Bank PCL (Foreign)		129,070,681		43,389
	Electricity Generating PCL (Foreign)		4,824,865		42,207
	Home Product Center PCL		100,850,787		42,106
	PTT Global Chemical PCL		35,613,290		40,995
^*	Bangkok Expressway & Metro PCL		141,623,670		40,914
	Energy Absolute PCL		29,639,151		36,352
	Indorama Ventures PCL		39,801,463		34,811
^{^}	Ratchaburi Electricity Generating Holding PCL (Foreign)		14,802,415		30,274
	Land & Houses PCL		123,448,922		27,895
	Global Power Synergy PCL (Foreign)		12,798,736		27,650
	CPN Retail Growth Leasehold REIT (Foreign)		30,130,900		27,624
	Osotspa PCL (Foreign)		20,510,922		26,094
	Thai Oil PCL (Foreign)		20,607,436		25,779
^{*,^}	Krungthai Card PCL (Foreign)		24,390,290		25,411
	Bangkok Bank PCL (Foreign)		7,783,822		24,746
	Tisco Financial Group PCL (Foreign)		10,913,414		24,498
	TMB Bank PCL		823,844,413		24,153
	Bumrungrad Hospital PCL (Foreign)		6,373,598		22,944
^*	Asset World Corp. PCL		133,778,700		22,345
	Berli Jucker PCL		17,279,316		21,496
	Jasmine Broadband Internet Infrastructure Fund (Foreign)		73,984,847		20,973
	Thai Union Frozen Products PCL (Foreign)		51,756,468		20,880
	True Corp. PCL		183,859,616		18,768
	Thanachart Capital PCL		16,113,666		18,176
	Srisawad Corp. PCL		10,703,178		17,675
^*	B Grimm Power PCL		12,764,440		17,505
^*	Muangthai Capital PCL		10,901,101		15,857
	IRPC PCL (Foreign)		190,230,222		15,572
	Kiatnakin Bank PCL		11,371,487		14,655
	Thailand Future Fund (Foreign)		42,260,123		14,354
	Total Access Communication PCL (Foreign)		10,947,001		14,167
^{^}	Banpu PCL		78,415,481		13,934
	Vgi Pcl		53,845,746		13,701
	Carabao Group PCL (Foreign)		4,874,484		11,803
^{^}	WHA Corp. PCL		136,085,221		11,334
	Delta Electronics Thailand PCL		7,894,971		10,833
^{^}	BTS Rail Mass Transit Growth Infrastructure Fund		44,942,792		10,786
	Bangchak Corp. PCL		18,198,223		10,350
	Supalai PCL		22,253,667		10,188
^{^}	Siam Global House PCL		24,260,039		10,002
	TOA Paint Thailand PCL		8,122,121		9,302
	WHA Premium Growth Freehold & Leasehold Real Estate Investment Trust		18,609,262		9,147
	TTW PCL		21,751,038		8,990
	Hana Microelectronics PCL (Foreign)		10,095,258		8,989
	Sino-Thai Engineering & Construction PCL		18,437,897		8,741
^{^}	CH Karnchang PCL (Foreign)		16,658,104		8,699
^{^}	Jasmine International PCL		67,306,768		8,204
	Bangkok Chain Hospital PCL		19,612,377		8,195
	Frasers Property Thailand Industrial Freehold & Leasehold REIT (Foreign)		16,623,631		7,994
	Central Plaza Hotel PCL		10,506,732		6,973
	TQM Corp. PCL (Foreign)		2,824,900		6,842
	Sri Trang Agro-Industry PCL (Foreign)		16,862,497		6,723
	Tipco Asphalt PCL (Foreign)		12,250,415		6,717
^*	CK Power PCL		57,264,121		6,648

111

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Chularat Hospital PCL		86,973,262		6,570
^*	Com7 PCL		9,835,300		6,485
	KCE Electronics PCL		11,717,615		6,295
^{^}	Amata Corp. PCL (Foreign)		16,064,822		6,258
	AEON Thana Sinsap Thailand PCL		1,509,479		6,090
^{^}	Quality Houses PCL		94,672,194		6,046
	Bangkok Land PCL		175,873,972		5,766
	Asian Property Development PCL (Foreign)		37,401,558		5,765
	North Bangkok Power Plant Block 1 Infrastructure Fund - EGAT		14,418,926		5,387
	Mbk Pcl		10,493,157		5,116
	TPI Polene PCL		130,136,763		4,810
^{^}	Bcpg Pcl		9,653,916		4,790
	Siam City Cement PCL (Foreign)		1,273,494		4,672
	TPI Polene Power PCL		38,255,716		4,611
^{^}	Banpu Power PCL		9,451,595		4,526
	Thai Vegetable Oil PCL		5,986,993		4,510
^*	Gunkul Engineering PCL		55,788,688		4,498
	Star Petroleum Refining PCL		24,223,982		4,341
	PTG Energy PCL (Foreign)		10,162,183		4,294
	Major Cineplex Group PCL		9,197,684		4,115
	Siam Makro PCL		3,449,979		3,799
^*	Thai Airways International PCL (Foreign)		16,497,615		3,745
^{^}	Esso Thailand PCL (Foreign)		22,588,306		3,741
	Plan B Media PCL		24,612,800		3,729
	Super Energy Corp. PCL		198,442,544		3,523
	MK Restaurants Group PCL		1,934,862		3,259
^§	Pruksa Real Estate PCL		7,721,100		3,203
	Sansiri PCL (Foreign)		143,827,188		3,121
^{^}	Thaifoods Group PCL		26,610,051		3,121
	Gfpt Pcl		8,616,536		2,996
	Pruksa Holding PCL		8,873,088		2,964
	Bangkok Life Assurance PCL (Foreign)		5,839,279		2,775
^{*,^}	BEC World PCL (Foreign)		17,664,675		2,694
	Spcg Pcl		4,740,346		2,531
	Bangkok Bank PCL		765,200		2,433
	Italian-Thai Development PCL		58,091,352		2,421
	Ratchthani Leasing PCL		19,193,300		2,336
^{^}	Taokaenoi Food & Marketing PCL		9,135,665		2,019
	Workpoint Entertainment PCL (Foreign)		5,853,464		1,825
^*	U City PCL		42,471,314		1,728
	Unique Engineering & Construction PCL		8,952,653		1,690
	Origin Property PCL		11,922,647		1,656
	Bangkok Airways PCL		9,005,098		1,642
^{^}	Thoresen Thai Agencies PCL		17,692,306		1,620
	LPN Development PCL		14,344,944		1,576
^{^}	Beauty Community PCL (Foreign)		27,805,383		1,543
	Samart Corp. PCL		7,940,830		1,231
	Univentures PCL		12,213,275		1,227
^{*,^}	Precious Shipping PCL		10,069,957		1,184
^{^}	Thaicom PCL		9,409,047		1,101
^{*,^}	Group Lease PCL (Foreign)		8,738,835		836
	Kasikornbank PCL NVDR		218,600		573
^{^}	Bangkok Life Assurance PCL		989,426		470
^*	BTS Group Holdings PCL Warrants Exp. 12/31/2021		12,879,642		390
^*	Minor International PCL Warrants Exp. 12/31/2021		3,024,402		209
^{*,^}	Group Lease PCL NVDR		1,118,575		107
^*,§	Inter Far East Energy Corp.		5,655,044		61
	Thonburi Healthcare Group PCL		51,800		32
^*	Samart Corp. PCL Warrants Exp. 05/08/2021		2,337,800		30
^*	Amata Corp. PCL		46,400		18
^*	Super Energy Corp. PCL Warrants Exp. 08/30/2020		33,699,240		10
	Frasers Property Thailand Industrial Freehold & Leasehold REIT		21,000		10
	CPN Retail Growth Leasehold REIT		7,000		6
^*,§	G J Steel PCL Warrants		9,920,670		3

112

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	Thaifoods Group PCL Warrants Exp. 05/18/2020		1,805,581		—
					2,805,470
Turkey (0.2%)
	BIM Birlesik Magazalar AS		7,830,558		62,177
^*	Turkiye Garanti Bankasi AS		35,557,048		42,453
^*	Akbank TAS		46,447,988		39,211
	Turkcell Iletisim Hizmetleri AS		18,907,452		37,667
	KOC Holding AS		15,041,037		33,004
^*	Tupras Turkiye Petrol Rafinerileri AS		2,124,692		27,591
	Eregli Demir ve Celik Fabrikalari TAS		23,657,240		27,274
	Haci Omer Sabanci Holding AS (Bearer)		16,130,409		18,847
	Aselsan Elektronik Sanayi Ve Ticaret AS		4,844,673		18,847
^*	Turkiye Is Bankasi AS		25,328,763		17,980
^*	Turk Hava Yollari AO		8,806,984		13,474
^*	Turkiye Vakiflar Bankasi TAO		18,455,930		11,972
	Ford Otomotiv Sanayi AS		1,110,782		10,024
^*	Turk Telekomunikasyon AS		9,398,173		9,929
^*	Ulker Biskuvi Sanayi AS		2,849,217		9,672
	Enka Insaat ve Sanayi AS		10,059,603		8,715
	Anadolu Efes Biracilik Ve Malt Sanayii AS		3,140,620		8,239
^*	Koza Altin Isletmeleri AS		804,940		8,204
^*	Petkim Petrokimya Holding AS		15,742,289		8,001
^*	Yapi ve Kredi Bankasi AS		26,411,935		7,951
	TAV Havalimanlari Holding AS		3,049,029		7,942
^*	Turkiye Halk Bankasi AS		10,437,634		7,770
^*	Arcelik AS		3,308,243		7,766
	Turkiye Sise ve Cam Fabrikalari AS		10,895,305		7,569
	Tofas Turk Otomobil Fabrikasi AS		2,326,634		7,434
	Coca-Cola Icecek AS		1,207,747		6,389
	Soda Sanayii AS		7,501,260		6,276
^*	Sok Marketler Ticaret AS		3,992,273		6,263
	Tekfen Holding AS		2,975,712		6,074
	Emlak Konut Gayrimenkul Yatirim Ortakligi AS		31,575,000		5,637
¹	Enerjisa Enerji AS		4,681,124		5,156
	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS		16,209,480		5,106
^*	Dogan Sirketler Grubu Holding AS		19,749,875		5,091
^*	Koza Anadolu Metal Madencilik Isletmeleri AS		3,096,069		5,085
^*	Pegasus Hava Tasimaciligi AS		571,885		4,336
	AG Anadolu Grubu Holding AS		1,594,980		3,790
^*	Logo Yazilim Sanayi Ve Ticaret AS		349,831		3,706
^*	Migros Ticaret AS		871,438		3,682
^*	Ipek Dogal Enerji Kaynaklari Arastirma Ve Uretim AS		1,902,931		3,343
^*,1	Mavi Giyim Sanayi Ve Ticaret AS		551,904		3,278
^*	Turkiye Sinai Kalkinma Bankasi AS		21,909,925		3,232
	Trakya Cam Sanayii AS		6,943,504		3,212
^*	Gubre Fabrikalari TAS		1,370,678		3,142
	Sasa Polyester Sanayi AS		2,499,088		3,125
^*	Bera Holding AS		5,166,298		2,862
^*,1	MLP Saglik Hizmetleri AS		1,248,827		2,694
^*	Aksa Enerji Uretim AS Class B		4,711,429		2,568
^*	Vestel Elektronik Sanayi ve Ticaret AS		1,360,166		2,561
	Iskenderun Demir ve Celik AS		2,347,762		2,314
	Otokar Otomotiv Ve Savunma Sanayi A.S.		113,158		2,023
	EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		2,784,345		1,900
^*	Yatas Yatak ve Yorgan Sanayi ve Ticaret AS		1,925,984		1,821
^*	Alarko Holding AS		2,800,598		1,819
	Aksa Akrilik Kimya Sanayii AS		1,962,865		1,781
	Aksigorta AS		2,046,856		1,750
	Turk Traktor ve Ziraat Makineleri AS		204,698		1,672
^*	Is Gayrimenkul Yatirim Ortakligi AS		7,513,930		1,667
	Kordsa Teknik Tekstil AS		991,618		1,606
^*	Zorlu Enerji Elektrik Uretim AS		8,653,120		1,563
	Tat Gida Sanayi AS		1,429,334		1,562
	Anadolu Cam Sanayii AS		2,510,892		1,481

113

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
^*	Albaraka Turk Katilim Bankasi AS		8,044,700		1,463
	Aygaz AS		960,241		1,418
^*	EGE Endustri VE Ticaret AS		16,842		1,325
^*	Torunlar Gayrimenkul Yatirim Ortakligi AS		3,665,639		1,227
	Polisan Holding AS		3,310,694		1,170
^*	Sekerbank Turk AS		7,519,521		1,075
^*	Cimsa Cimento Sanayi VE Ticaret AS		664,913		740
	Dogus Otomotiv Servis ve Ticaret AS		477,221		722
	Brisa Bridgestone Sabanci Sanayi ve Ticaret AS		536,484		721
^*	NET Holding AS		2,179,394		666
	Akcansa Cimento AS		524,843		631
	Adana Cimento Sanayii TAS Class A		425,578		587
^*	Konya Cimento Sanayii AS		8,314		305
	Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class A		528,219		171
^*,§	Asya Katilim Bankasi AS		6,861,580		—
					591,501
United Arab Emirates (0.2%)
	First Abu Dhabi Bank PJSC		76,798,604		239,483
	Emirates Telecommunications Group Co. PJSC		30,528,304		128,290
	Abu Dhabi Commercial Bank PJSC		47,467,853		57,049
	Emaar Properties PJSC		63,861,055		46,834
	DP World plc		2,848,947		45,494
	Aldar Properties PJSC		69,514,632		33,933
	Dubai Islamic Bank PJSC		33,150,026		33,070
	Abu Dhabi Islamic Bank PJSC		15,235,522		14,809
	Air Arabia PJSC		43,568,244		13,466
	Emaar Malls PJSC		31,972,377		11,142
^*	Dubai Investments PJSC		33,431,333		10,840
	Dana Gas PJSC		49,501,441		9,872
	Emaar Development PJSC		12,837,239		7,994
^*	GFH FINANCIAL GROUP BSC		46,277,668		7,519
	Dubai Financial Market PJSC		26,257,988		5,231
^*	DAMAC Properties Dubai Co. PJSC		26,884,120		4,500
^*	Union Properties PJSC		33,844,206		2,801
	Arabtec Holding PJSC		11,704,006		2,240
^*	DXB Entertainments PJSC		49,530,386		2,106
^*	Deyaar Development PJSC		22,470,322		1,757
	RAK Properties PJSC		16,209,203		1,629
^*	Eshraq Investments PJSC		15,132,107		1,186
^*,§	Drake & Scull International PJSC		7,671,678		773
					682,018
United Kingdom (9.8%)
	AstraZeneca plc		22,921,277		2,397,402
	HSBC Holdings plc		353,384,085		1,816,395
	GlaxoSmithKline plc		85,570,054		1,785,227
	British American Tobacco plc		39,574,925		1,525,397
	Diageo plc		40,246,114		1,385,678
	BP plc		347,746,819		1,370,278
	Royal Dutch Shell plc Class A (XLON)		71,758,459		1,181,459
	Royal Dutch Shell plc Class B		65,036,227		1,041,150
	Unilever plc		19,012,860		979,021
	Reckitt Benckiser Group plc		10,986,806		915,205
	Rio Tinto plc		19,196,605		891,087
	National Grid plc		60,704,830		711,390
	Vodafone Group plc		468,561,493		660,993
	Prudential plc		45,413,797		640,676
	BHP Group plc		36,320,455		609,643
	London Stock Exchange Group plc		5,471,301		512,100
	Tesco plc		168,738,465		499,102
	Lloyds Banking Group plc		1,219,516,134		493,430
	Experian plc		15,842,927		475,773
	Compass Group plc		27,651,801		465,312
	RELX plc		20,038,008		452,097
	Barclays plc		300,308,615		401,005

114

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Anglo American plc		21,562,803		383,499
	BAE Systems plc		56,060,515		357,581
	Glencore plc		189,378,228		354,792
	Imperial Brands plc		16,672,497		350,767
	Smith & Nephew plc		15,324,289		299,885
	Ferguson plc		3,963,720		285,795
	SSE plc		18,085,557		283,681
	Legal & General Group plc		103,461,303		266,001
	Standard Chartered plc		45,952,987		234,807
	BT Group plc		152,534,817		222,325
	Ashtead Group plc		7,870,267		214,980
	CRH plc (XLON)		7,109,210		214,348
	Aviva plc		68,114,097		205,987
	Segro plc		19,137,534		200,592
	Rentokil Initial plc		32,442,938		193,024
	Halma plc		6,634,252		174,418
	Intertek Group plc		2,822,976		168,474
	3i Group plc		16,779,618		164,842
	WPP plc (XLON)		20,807,428		161,449
^*	Ocado Group plc		7,929,101		160,151
	Persimmon plc		5,553,503		153,868
	Sage Group plc		19,018,555		152,958
	InterContinental Hotels Group plc		3,175,937		144,674
	Associated British Foods plc		6,090,504		144,586
	Spirax-Sarco Engineering plc		1,284,970		140,628
	United Utilities Group plc		12,014,658		136,005
	Croda International plc		2,183,013		133,863
	Next plc		2,237,256		133,204
	Informa plc		23,968,768		132,401
	Smurfit Kappa Group plc		4,173,377		131,298
	Bunzl plc		5,897,153		127,997
	Severn Trent plc		4,190,698		125,753
	Rolls-Royce Holdings plc		30,136,172		124,733
	Burberry Group plc		7,075,831		122,862
	DCC plc		1,726,751		122,788
	Polymetal International plc		5,937,464		121,594
	Mondi plc (XLON)		6,760,537		119,387
^*,1	Just Eat Takeaway		1,141,860		116,920
	Barratt Developments plc		17,659,005		115,126
	Standard Life Aberdeen plc		40,835,035		113,100
	Royal Bank of Scotland Group plc		79,292,330		110,623
	Smiths Group plc		7,020,135		109,307
	Berkeley Group Holdings plc		2,056,548		107,955
	Admiral Group plc		3,609,783		105,336
	Taylor Wimpey plc		57,018,597		105,305
	Land Securities Group plc		12,584,658		104,945
	Melrose Industries plc		83,903,414		104,872
	Pennon Group plc		7,415,029		102,105
	St. James's Place plc		9,195,809		97,919
	GVC Holdings plc		10,174,857		96,579
	Hargreaves Lansdown plc		5,315,360		96,179
	Rightmove plc		15,362,874		96,056
¹	Auto Trader Group plc		16,014,591		92,189
	Wm Morrison Supermarkets plc		38,644,980		88,814
	DS Smith plc		22,491,531		88,189
	Whitbread plc		2,342,161		87,862
	Coca-Cola HBC AG		3,427,848		86,858
	British Land Co. plc		16,499,679		84,170
	Johnson Matthey plc		3,343,149		83,765
	Direct Line Insurance Group plc		24,227,526		82,545
	RSA Insurance Group plc		18,052,906		81,817
	Pearson plc		13,438,137		77,494
	M&G plc		45,578,075		75,561
	Tate & Lyle plc		8,392,904		75,204

115

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Hikma Pharmaceuticals plc		2,493,696		74,273
	Kingfisher plc		37,059,455		73,519
	Bellway plc		2,179,412		72,927
	J Sainsbury plc		28,407,674		70,701
	Phoenix Group Holdings plc		9,313,726		70,676
	Derwent London plc		1,807,156		70,614
¹	ConvaTec Group plc		25,941,889		69,289
	Intermediate Capital Group plc		4,882,905		69,078
	Spectris plc		2,045,090		68,962
	HomeServe plc		4,869,527		68,211
	Howden Joinery Group plc		10,160,778		67,003
	Schroders plc		1,958,053		65,399
	B&M European Value Retail SA		15,070,109		63,023
	ITV plc		65,503,213		62,895
	Antofagasta plc		6,126,223		62,733
	IG Group Holdings plc		6,547,522		62,059
	Dechra Pharmaceuticals plc		1,768,804		61,569
	Travis Perkins plc		4,424,008		57,767
	UNITE Group plc		5,222,826		57,672
	Electrocomponents plc		7,858,283		57,083
¹	Avast plc		9,586,963		55,221
	Weir Group plc		4,557,925		54,471
¹	Quilter plc		33,199,475		51,345
	Centrica plc		101,443,895		50,738
	AVEVA Group plc		1,119,832		50,261
	JD Sports Fashion plc		7,573,228		50,198
	IMI plc		4,827,063		50,193
	Genus plc		1,167,268		50,149
	Rotork plc		15,439,648		48,132
	Meggitt plc		13,681,874		47,910
	Tritax Big Box REIT plc		30,861,450		46,842
	Beazley plc		9,271,438		45,843
	Inchcape plc		7,122,297		44,864
	Man Group plc		26,375,333		44,190
	Britvic plc		4,761,936		43,833
	Games Workshop Group plc		577,284		43,692
	Diploma plc		2,004,835		43,455
	Cranswick plc		922,473		43,148
	Hiscox Ltd.		4,894,681		43,060
	Primary Health Properties plc		21,951,587		42,518
^*,1	Network International Holdings plc		7,945,356		41,440
	TP ICAP plc		9,625,219		41,093
	Great Portland Estates plc		4,758,579		40,531
¹	Countryside Properties plc		7,953,704		40,523
	Greggs plc		1,752,936		40,320
	Marks & Spencer Group plc		34,096,191		39,725
	Balfour Beatty plc		12,145,763		39,531
^*,1	Trainline plc		8,150,885		38,957
	Assura plc		40,571,280		38,914
	QinetiQ Group plc		10,164,112		38,869
	Vistry Group plc		3,783,633		38,425
	Close Brothers Group plc		2,774,447		38,046
	Ashmore Group plc		7,894,305		37,639
	LondonMetric Property plc		15,363,537		37,537
	Centamin plc		19,270,795		37,312
	Grainger plc		11,075,834		37,212
	G4S plc		27,092,169		37,192
	Carnival plc		2,679,340		36,922
	Moneysupermarket.com Group plc		9,249,813		36,854
	Big Yellow Group plc		2,733,606		36,796
¹	John Laing Group plc		8,014,090		36,766
	Victrex plc		1,453,482		36,419
	Signature Aviation plc		14,761,180		36,252
	UDG Healthcare plc		4,502,085		35,533

116

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Domino's Pizza Group plc		8,177,010		35,434
	IWG plc		11,597,263		34,680
	Royal Mail plc		16,287,217		33,989
	Safestore Holdings plc		3,750,627		33,929
^*	Serco Group plc		20,256,047		32,789
	SSP Group plc		9,180,812		32,447
	Hays plc		23,744,829		32,351
	Evraz plc		9,727,428		32,235
	Softcat plc		2,244,284		31,868
	Spirent Communications plc		10,401,871		31,466
	Ultra Electronics Holdings plc		1,265,339		31,326
	WH Smith plc		1,953,149		30,830
	Grafton Group plc		3,863,390		30,828
	Micro Focus International plc		4,954,462		29,374
	John Wood Group plc		11,600,450		29,374
	Lancashire Holdings Ltd.		3,809,160		29,306
	Plus500 Ltd.		1,854,212		29,062
	Fresnillo plc		3,271,228		29,059
	Shaftesbury plc		3,771,233		28,483
	Capital & Counties Properties plc		13,352,850		27,886
	Pets at Home Group plc		8,422,240		26,967
	Marshalls plc		3,363,370		26,938
	Renishaw plc		604,576		26,758
	Savills plc		2,149,422		26,167
	Pagegroup plc		5,440,953		25,752
^{^}	easyJet plc		3,381,283		25,612
^{^}	TUI AG (XLON)		6,375,658		25,399
	Aggreko plc		4,370,044		25,201
	Investec plc		12,211,467		25,062
	Babcock International Group plc		4,621,229		24,477
	National Express Group plc		6,801,303		23,404
	Redrow plc		4,014,408		23,325
	IntegraFin Holdings plc		3,626,651		22,618
¹	Ascential plc		7,097,295		22,540
	Bodycote plc		3,059,433		22,383
	Future plc		1,701,080		22,045
	International Consolidated Airlines Group SA (London Shares)		7,877,202		21,973
	William Hill plc		15,294,902		21,925
	Computacenter plc		1,168,555		21,357
	Mediclinic International plc (XLON)		6,563,648		21,341
	AJ Bell plc		4,261,710		21,119
	Jupiter Fund Management plc		7,656,887		21,049
	Workspace Group plc		2,126,608		20,946
	KAZ Minerals plc		4,021,756		20,918
^*	Virgin Money UK plc		21,863,484		20,849
	Dunelm Group plc		1,775,806		20,517
	Daily Mail & General Trust plc		2,301,645		20,440
^*,1	Wizz Air Holdings plc		552,047		19,951
	Synthomer plc		5,537,728		19,738
	Polypipe Group plc		3,088,061		19,372
	OneSavings Bank plc		6,178,383		18,962
	Vesuvius plc		3,675,803		18,524
	Hill & Smith Holdings plc		1,276,512		18,506
	Greencore Group plc		7,955,430		18,220
	Sanne Group plc		2,187,433		17,827
	Paragon Banking Group plc		4,227,330		17,699
¹	Ibstock plc		6,913,667		17,488
	Rathbone Brothers plc		885,144		16,826
	Drax Group plc		6,413,279		16,813
	Dixons Carphone plc		17,142,894		16,665
^*	Firstgroup plc		19,632,924		16,532
	Telecom Plus plc		977,175		16,289
	Playtech plc		5,484,781		16,091
	Brewin Dolphin Holdings plc		4,571,149		15,750

117

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Essentra plc		4,221,131		14,816
	Crest Nicholson Holdings plc		4,452,140		14,346
^{^}	Cineworld Group plc		17,344,630		14,300
^*	Capita plc		29,108,168		14,253
	Rhi Magnesita NV		434,562		13,348
^*	Cairn Energy plc		9,401,278		13,246
	J D Wetherspoon plc		1,111,775		13,235
	St. Modwen Properties plc		2,854,836		13,230
	Coats Group plc		22,694,722		13,127
^*	Ninety One plc		5,835,901		12,474
	Morgan Advanced Materials plc		4,516,687		12,459
^{^}	Hammerson plc		13,548,187		12,005
	Go-Ahead Group plc		698,058		11,780
	Petrofac Ltd.		4,740,010		11,731
	TalkTalk Telecom Group plc		11,184,419		11,615
^*	Just Group plc		16,582,788		11,600
	Provident Financial plc		4,690,884		11,439
¹	Hastings Group Holdings plc		4,956,066		11,356
¹	Equiniti Group plc		5,155,102		11,114
	Chemring Group plc		4,451,063		11,071
	British American Tobacco plc ADR		281,986		10,758
^{^}	Royal Dutch Shell plc Class A (XAMS)		641,575		10,724
^*	Frasers Group plc		3,150,392		10,310
	Vectura Group plc		9,556,230		10,210
	Redde Northgate plc		4,318,320		9,742
	UK Commercial Property REIT Ltd.		11,026,934		9,392
	Ferrexpo plc		5,504,934		9,322
	Keller Group plc		1,149,734		8,882
	Clarkson plc		280,987		8,820
^{*,^}	Energean Oil & Gas plc		1,075,207		8,817
	NCC Group plc		4,126,899		8,526
	AG Barr plc		1,332,694		8,279
	BMO Commercial Property Trust Ltd.		8,547,379		8,194
^{^}	Tullow Oil plc		24,899,260		8,082
	Elementis plc		9,181,106		8,082
^*	Mitchells & Butlers plc		3,551,471		7,932
	888 Holdings plc		4,214,791		7,654
¹	McCarthy & Stone plc		8,391,230		7,471
	Helical plc		1,639,234		7,446
	Bank of Georgia Group plc		589,626		7,401
^*	Indivior plc		11,908,270		7,397
	Kainos Group plc		834,692		7,343
	PZ Cussons plc		3,114,688		7,335
	Hochschild Mining plc		4,048,631		7,063
	Picton Property Income Ltd.		7,759,386		6,713
¹	Airtel Africa plc		13,216,279		6,667
	Stagecoach Group plc		6,651,359		6,237
	Sirius Real Estate Ltd.		6,791,899		6,026
	TBC Bank Group plc		560,958		5,759
	Rank Group plc		2,793,611		5,733
^{*,^}	Premier Oil plc		13,823,750		5,645
	Senior plc		6,753,824		5,515
	Mitie Group plc		5,924,891		5,515
¹	Spire Healthcare Group plc		4,409,431		5,350
	Hunting plc		2,282,502		5,232
	Restaurant Group plc		7,604,238		5,173
	GoCo Group plc		4,888,647		5,116
	Devro plc		2,516,172		5,034
	Marston's plc		10,205,444		4,860
	Micro Focus International plc ADR		795,133		4,715
¹	CMC Markets plc		1,847,441		4,662
	Stobart Group Ltd.		5,511,831		4,298
	NewRiver REIT plc		4,918,748		4,135
^*,1	Watches of Switzerland Group plc		1,308,577		4,125

118

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

		Shares		Market Value ($000		)
	Halfords Group plc		2,925,202		3,989
	Saga plc		17,862,063		3,660
¹	TI Fluid Systems plc		1,756,032		3,531
	Schroder REIT Ltd.		7,582,217		3,516
^{*,^,1}	Aston Martin Lagonda Global Holdings plc		4,789,455		3,490
	Galliford Try plc		1,758,859		3,330
	AA plc		9,630,377		3,279
^*	Georgia Capital plc		605,067		3,194
^{*,^}	AO World plc		4,381,466		3,170
^{*,^}	Metro Bank plc		2,655,010		3,086
	Redefine International plc		3,888,774		3,000
	Renewi plc		9,384,362		2,997
	SIG plc		9,869,758		2,977
	Card Factory plc		4,936,256		2,601
^*,1	Funding Circle Holdings plc		2,303,780		2,504
	International Personal Finance plc		3,454,745		2,435
	RPS Group plc		3,675,232		2,407
	Dignity plc		768,387		2,347
^{^,1}	Bakkavor Group plc		2,284,932		2,008
	Superdry plc		1,055,971		1,683
^*,1	Alfa Financial Software Holdings plc		1,608,994		1,579
	WPP plc		35,857		1,388
^{*,^}	Intu Properties plc		14,406,415		983
^{^,1}	Amigo Holdings plc		2,191,836		842
	N Brown Group plc		2,168,525		672
^*,§,1	Finablr plc		3,002,811		417
	C&C Group plc (XLON)		158,108		388
^{*,§,^}	Afren plc		7,677,368		—
^*,§	Carillion plc		5,566,311		—
^{§,^}	NMC Health plc		1,316,787		—
					36,341,697
Total Common Stocks (Cost $390,569,707)					366,887,381

Coupon

Temporary Cash Investments (3.0%)

Money Market Fund (2.9%)

^4,5

Vanguard Market Liquidity Fund

0.522%

107,198,539

10,719,854

			Maturity Date	Face Amount ($000		)
U.S. Government and Agency Obligations (0.1%)
⁶	United States Cash Management Bill	0.116%	9/29/20		57,000		56,970
⁶	United States Treasury Bill	1.551%	5/21/20		116,000		115,993
⁶	United States Treasury Bill	1.128%	6/4/20		18,000		17,999
⁶	United States Treasury Bill	0.018%-0.020%	8/13/20		261,333		261,242
⁶	United States Treasury Bill	0.102%	9/17/20		130,667		130,604
⁶	United States Treasury Bill	0.087%	9/24/20		54,000		53,970
							636,778
Total Temporary Cash Investments (Cost $11,355,298)							11,356,632
Total Investments (101.8%) (Cost $401,925,005)							378,244,013
Other Assets and Liabilities—Net (-1.8%)^5,7							(6,762,468	)
Net Assets (100%)							371,481,545

Cost rounded to $000.

*	Non-income-producing security.
§	Security value determined using significant unobservable inputs.
^	Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $8,274,107,000.

119

Vanguard^®Total International Stock Index Fund

Schedule of Investments

April 30, 2020

1	Security exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At April 30, 2020, the aggregate value of these securities was $7,635,714,000, representing 2.1% of net assets.
2	“Other” represents securities that are not classified by the fund's benchmark index.
3	Considered an affiliated company of the fund as the issuer is another member of The Vanguard Group.
4	Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.
5	Collateral of $8,976,629,000 was received for securities on loan.
6	Securities with a value of $554,738,000 have been segregated as initial margin for open futures contracts.
7	Cash of $5,010,000 has been segregated as collateral for open forward currency contracts.
	ADR—American Depositary Receipt.
	CVR—Contingent Value Rights.
	GDR—Global Depositary Receipt.
	NVDR—Non-Voting Depository Receipt.
	REIT—Real Estate Investment Trust.

120

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	© 2020 The Vanguard Group, Inc.
	All rights reserved.
	Vanguard Marketing Corporation, Distributor.

	SNA1132 062020

Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8: Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9: Purchase of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10: Submission of Matters to a Vote of Security Holders.

Not applicable.

Item 11: Controls and Procedures.

(a) Disclosure Controls and Procedures. The Principal Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on their evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

(b) Internal Control Over Financial Reporting. There were no significant changes in Registrant’s Internal Control Over Financial Reporting or in other factors that could significantly affect this control subsequent to the date of the evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 12: Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 13: Exhibits.

(a)

Certifications.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

VANGUARD STAR FUNDS

BY: /s/ MORTIMER J. BUCKLEY*

___________________________

MORTIMER J. BUCKLEY

CHIEF EXECUTIVE OFFICER

Date: June 18, 2020

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

VANGUARD STAR FUNDS

BY: /s/ MORTIMER J. BUCKLEY*

___________________________

MORTIMER J. BUCKLEY

CHIEF EXECUTIVE OFFICER

Date: June 18, 2020

VANGUARD STAR FUNDS

BY: /s/ JOHN BENDL*

___________________________

JOHN BENDL

CHIEF FINANCIAL OFFICER

Date: June 18, 2020

* By: /s/ Anne E. Robinson

Anne E. Robinson, pursuant to a Power of Attorney filed on January 18, 2018 (see file Number 33-32216) and a Power of Attorney filed on October 30, 2019 (see file Number 811-02554), Incorporated by Reference.

Vanguard STAR Fund (VGSTX) N-CSRSCertified semi-annual shareholder report (management investment company)