Vanguard® Tax-Managed Small-Cap Fund
Schedule of Investments (unaudited)
As of September 30, 2022
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.
| Shares | Market Value ($000) | |||||
| Common Stocks (99.8%) | ||||||
| Communication Services (2.1%) | ||||||
| Cogent Communications Holdings Inc. | 391,757 | 20,434 | ||||
| * | Yelp Inc. Class A | 568,968 | 19,294 | |||
| * | TechTarget Inc. | 250,444 | 14,826 | |||
| Telephone & Data Systems Inc. | 947,246 | 13,167 | ||||
| * | Cinemark Holdings Inc. | 1,084,511 | 13,133 | |||
| Shutterstock Inc. | 210,385 | 10,555 | ||||
| Scholastic Corp. | 272,950 | 8,396 | ||||
| * | Gogo Inc. | 559,504 | 6,781 | |||
| * | EW Scripps Co. Class A | 558,352 | 6,293 | |||
| * | AMC Networks Inc. Class A | 298,625 | 6,062 | |||
| Shenandoah Telecommunications Co. | 350,457 | 5,965 | ||||
| * | QuinStreet Inc. | 519,507 | 5,455 | |||
| * | Thryv Holdings Inc. | 198,489 | 4,531 | |||
| * | Cars.com Inc. | 363,813 | 4,184 | |||
| ATN International Inc. | 101,958 | 3,932 | ||||
| * | Consolidated Communications Holdings Inc. | 823,253 | 3,425 | |||
| Marcus Corp. | 227,873 | 3,165 | ||||
| * | Gannett Co. Inc. | 1,375,202 | 2,104 | |||
| 151,702 | ||||||
| Consumer Discretionary (12.6%) | ||||||
| Academy Sports & Outdoors Inc. | 753,406 | 31,779 | ||||
| * | Asbury Automotive Group Inc. | 205,063 | 30,985 | |||
| Signet Jewelers Ltd. | 433,095 | 24,769 | ||||
| * | Meritage Homes Corp. | 328,018 | 23,050 | |||
| LCI Industries | 226,855 | 23,017 | ||||
| * | National Vision Holdings Inc. | 694,880 | 22,688 | |||
| Group 1 Automotive Inc. | 147,153 | 21,024 | ||||
| * | Dorman Products Inc. | 248,845 | 20,435 | |||
| Steven Madden Ltd. | 699,051 | 18,644 | ||||
| Installed Building Products Inc. | 210,447 | 17,044 | ||||
| * | Sonos Inc. | 1,181,849 | 16,428 | |||
| * | Stride Inc. | 385,000 | 16,182 | |||
| Winnebago Industries Inc. | 299,536 | 15,938 | ||||
| * | Shake Shack Inc. Class A | 352,560 | 15,858 | |||
| * | LGI Homes Inc. | 192,850 | 15,692 | |||
| * | Adtalem Global Education Inc. | 430,289 | 15,684 | |||
| * | Cavco Industries Inc. | 75,024 | 15,437 | |||
| * | Boot Barn Holdings Inc. | 261,614 | 15,294 | |||
| * | Frontdoor Inc. | 746,267 | 15,216 | |||
| * | Gentherm Inc. | 295,192 | 14,680 | |||
| * | Leslie's Inc. | 996,372 | 14,657 | |||
| Shares | Market Value ($000) | |||||
| * | iRobot Corp. | 260,075 | 14,650 | |||
| * | ODP Corp. | 414,478 | 14,569 | |||
| Kontoor Brands Inc. | 423,312 | 14,228 | ||||
| MDC Holdings Inc. | 517,122 | 14,179 | ||||
| Bloomin' Brands Inc. | 763,896 | 14,002 | ||||
| Jack in the Box Inc. | 187,786 | 13,909 | ||||
| American Eagle Outfitters Inc. | 1,332,200 | 12,962 | ||||
| Oxford Industries Inc. | 144,144 | 12,941 | ||||
| * | Tri Pointe Homes Inc. | 850,795 | 12,855 | |||
| Strategic Education Inc. | 206,827 | 12,701 | ||||
| * | Dave & Buster's Entertainment Inc. | 401,500 | 12,459 | |||
| * | Six Flags Entertainment Corp. | 702,072 | 12,427 | |||
| * | Sally Beauty Holdings Inc. | 963,422 | 12,139 | |||
| Monro Inc. | 278,596 | 12,108 | ||||
| * | Vista Outdoor Inc. | 494,030 | 12,015 | |||
| Century Communities Inc. | 279,377 | 11,952 | ||||
| Wolverine World Wide Inc. | 770,273 | 11,854 | ||||
| * | Brinker International Inc. | 424,211 | 10,597 | |||
| * | XPEL Inc. | 161,110 | 10,382 | |||
| Cheesecake Factory Inc. | 344,500 | 10,087 | ||||
| Dine Brands Global Inc. | 152,222 | 9,675 | ||||
| * | M/I Homes Inc. | 263,234 | 9,537 | |||
| * | Urban Outfitters Inc. | 472,309 | 9,281 | |||
| La-Z-Boy Inc. | 404,759 | 9,135 | ||||
| Patrick Industries Inc. | 207,152 | 9,082 | ||||
| Rent-A-Center Inc. | 472,503 | 8,274 | ||||
| Designer Brands Inc. Class A | 532,209 | 8,148 | ||||
| Sonic Automotive Inc. Class A | 184,012 | 7,968 | ||||
| Sturm Ruger & Co. Inc. | 156,438 | 7,945 | ||||
| * | Abercrombie & Fitch Co. Class A | 505,867 | 7,866 | |||
| Buckle Inc. | 242,484 | 7,677 | ||||
| * | American Axle & Manufacturing Holdings Inc. | 1,120,039 | 7,650 | |||
| Caleres Inc. | 303,293 | 7,346 | ||||
| * | Sleep Number Corp. | 216,208 | 7,310 | |||
| * | Perdoceo Education Corp. | 645,960 | 6,653 | |||
| Hibbett Inc. | 132,145 | 6,582 | ||||
| * | Monarch Casino & Resort Inc. | 113,156 | 6,353 | |||
| * | MarineMax Inc. | 207,756 | 6,189 | |||
| * | Green Brick Partners Inc. | 280,248 | 5,992 | |||
| * | G-III Apparel Group Ltd. | 383,632 | 5,735 | |||
| * | BJ's Restaurants Inc. | 232,323 | 5,541 | |||
| Standard Motor Products Inc. | 169,176 | 5,498 | ||||
| * | Golden Entertainment Inc. | 155,904 | 5,439 | |||
| Ruth's Hospitality Group Inc. | 321,224 | 5,416 | ||||
| * | Chico's FAS Inc. | 1,071,871 | 5,188 | |||
| * | Genesco Inc. | 131,184 | 5,158 | |||
| * | Liquidity Services Inc. | 293,626 | 4,774 | |||
| Guess? Inc. | 301,461 | 4,422 | ||||
| * | Chuy's Holdings Inc. | 179,289 | 4,156 | |||
| Big Lots Inc. | 261,112 | 4,076 | ||||
| PetMed Express Inc. | 205,830 | 4,018 | ||||
| * | Zumiez Inc. | 182,212 | 3,923 | |||
| * | Bed Bath & Beyond Inc. | 639,100 | 3,892 | |||
| Ethan Allen Interiors Inc. | 173,035 | 3,658 | ||||
| Movado Group Inc. | 126,859 | 3,575 | ||||
| * | America's Car-Mart Inc. | 57,500 | 3,509 | |||
| Shoe Carnival Inc. | 147,890 | 3,171 | ||||
| * | Children's Place Inc. | 102,096 | 3,154 | |||
| Shares | Market Value ($000) | |||||
| * | Motorcar Parts of America Inc. | 206,780 | 3,147 | |||
| * | Mister Car Wash Inc. | 353,447 | 3,033 | |||
| Haverty Furniture Cos. Inc. | 120,981 | 3,012 | ||||
| * | Tupperware Brands Corp. | 429,257 | 2,812 | |||
| Aaron's Co. Inc. | 280,314 | 2,725 | ||||
| * | Universal Electronics Inc. | 119,032 | 2,341 | |||
| * | WW International Inc. | 484,300 | 1,903 | |||
| * | El Pollo Loco Holdings Inc. | 201,484 | 1,797 | |||
| * | LL Flooring Holdings Inc. | 211,359 | 1,465 | |||
| Cato Corp. Class A | 135,022 | 1,288 | ||||
| * | Unifi Inc. | 87,415 | 831 | |||
| * | Conn's Inc. | 84,515 | 598 | |||
| 915,435 | ||||||
| Consumer Staples (4.9%) | ||||||
| * | Hostess Brands Inc. Class A | 1,158,249 | 26,918 | |||
| * | Simply Good Foods Co. | 780,464 | 24,967 | |||
| WD-40 Co. | 127,971 | 22,490 | ||||
| * | TreeHouse Foods Inc. | 512,749 | 21,751 | |||
| Cal-Maine Foods Inc. | 340,537 | 18,930 | ||||
| J & J Snack Foods Corp. | 138,605 | 17,945 | ||||
| Edgewell Personal Care Co. | 479,770 | 17,943 | ||||
| * | United Natural Foods Inc. | 502,427 | 17,268 | |||
| * | elf Beauty Inc. | 431,839 | 16,246 | |||
| MGP Ingredients Inc. | 132,955 | 14,115 | ||||
| PriceSmart Inc. | 211,870 | 12,202 | ||||
| Inter Parfums Inc. | 160,307 | 12,097 | ||||
| Medifast Inc. | 107,487 | 11,647 | ||||
| * | Central Garden & Pet Co. Class A | 333,925 | 11,407 | |||
| Universal Corp. | 225,958 | 10,403 | ||||
| B&G Foods Inc. | 612,529 | 10,101 | ||||
| SpartanNash Co. | 347,087 | 10,072 | ||||
| Vector Group Ltd. | 1,140,901 | 10,051 | ||||
| Andersons Inc. | 312,031 | 9,682 | ||||
| National Beverage Corp. | 222,600 | 8,579 | ||||
| * | Hain Celestial Group Inc. | 500,000 | 8,440 | |||
| * | Chefs' Warehouse Inc. | 278,700 | 8,074 | |||
| Fresh Del Monte Produce Inc. | 294,655 | 6,848 | ||||
| * | USANA Health Sciences Inc. | 115,384 | 6,467 | |||
| John B Sanfilippo & Son Inc. | 84,033 | 6,364 | ||||
| Calavo Growers Inc. | 158,652 | 5,037 | ||||
| * | Central Garden & Pet Co. | 125,630 | 4,528 | |||
| * | Seneca Foods Corp. Class A | 88,875 | 4,483 | |||
| Tootsie Roll Industries Inc. | 87,750 | 2,920 | ||||
| 357,975 | ||||||
| Energy (4.6%) | ||||||
| Helmerich & Payne Inc. | 1,155,517 | 42,719 | ||||
| SM Energy Co. | 1,060,803 | 39,897 | ||||
| * | PBF Energy Inc. Class A | 1,017,779 | 35,785 | |||
| Patterson-UTI Energy Inc. | 2,434,793 | 28,438 | ||||
| Civitas Resources Inc. | 478,475 | 27,460 | ||||
| CONSOL Energy Inc. | 288,633 | 18,565 | ||||
| * | Callon Petroleum Co. | 424,640 | 14,867 | |||
| * | Green Plains Inc. | 487,439 | 14,170 | |||
| World Fuel Services Corp. | 583,841 | 13,685 | ||||
| * | Nabors Industries Ltd. | 87,916 | 8,919 | |||
| * | Laredo Petroleum Inc. | 139,904 | 8,793 | |||
| * | Talos Energy Inc. | 528,019 | 8,792 | |||
| Shares | Market Value ($000) | |||||
| * | Oceaneering International Inc. | 1,020,537 | 8,123 | |||
| * | Par Pacific Holdings Inc. | 414,050 | 6,795 | |||
| * | US Silica Holdings Inc. | 607,828 | 6,656 | |||
| Ranger Oil Corp. | 195,429 | 6,146 | ||||
| Core Laboratories NV | 452,753 | 6,103 | ||||
| * | REX American Resources Corp. | 195,783 | 5,466 | |||
| * | Bristow Group Inc. Class A | 217,982 | 5,120 | |||
| * | ProPetro Holding Corp. | 625,968 | 5,039 | |||
| Archrock Inc. | 768,803 | 4,936 | ||||
| * | Dril-Quip Inc. | 251,984 | 4,919 | |||
| RPC Inc. | 704,098 | 4,879 | ||||
| Dorian LPG Ltd. | 182,302 | 2,474 | ||||
| * | Helix Energy Solutions Group Inc. | 551,500 | 2,129 | |||
| * | Oil States International Inc. | 508,624 | 1,979 | |||
| * | DMC Global Inc. | 100,242 | 1,602 | |||
| * | Nabors Industries Ltd. Warrants Exp. 6/11/26 | 35,166 | 638 | |||
| 335,094 | ||||||
| Financials (18.8%) | ||||||
| ServisFirst Bancshares Inc. | 425,162 | 34,013 | ||||
| Independent Bank Corp. (Massachusetts) | 424,091 | 31,607 | ||||
| Assured Guaranty Ltd. | 628,522 | 30,452 | ||||
| Community Bank System Inc. | 493,568 | 29,654 | ||||
| United Community Banks Inc. | 890,130 | 29,463 | ||||
| First Hawaiian Inc. | 1,173,534 | 28,904 | ||||
| CVB Financial Corp. | 1,139,074 | 28,841 | ||||
| American Equity Investment Life Holding Co. | 764,605 | 28,512 | ||||
| * | Mr Cooper Group Inc. | 688,243 | 27,874 | |||
| WSFS Financial Corp. | 590,457 | 27,433 | ||||
| Ameris Bancorp | 600,961 | 26,869 | ||||
| Pacific Premier Bancorp Inc. | 854,134 | 26,444 | ||||
| First Bancorp (XNYS) | 1,926,279 | 26,351 | ||||
| BankUnited Inc. | 760,978 | 26,003 | ||||
| Simmons First National Corp. Class A | 1,146,139 | 24,974 | ||||
| Walker & Dunlop Inc. | 267,294 | 22,381 | ||||
| * | Trupanion Inc. | 353,921 | 21,034 | |||
| Columbia Banking System Inc. | 711,752 | 20,562 | ||||
| Independent Bank Group Inc. | 327,529 | 20,107 | ||||
| Banner Corp. | 325,349 | 19,222 | ||||
| * | Palomar Holdings Inc. | 216,317 | 18,110 | |||
| First Financial Bancorp | 808,241 | 17,038 | ||||
| * | Axos Financial Inc. | 486,551 | 16,655 | |||
| Lakeland Financial Corp. | 221,069 | 16,096 | ||||
| Renasant Corp. | 511,458 | 15,998 | ||||
| * | NMI Holdings Inc. Class A | 784,950 | 15,989 | |||
| * | Genworth Financial Inc. Class A | 4,434,092 | 15,519 | |||
| Park National Corp. | 124,522 | 15,500 | ||||
| Seacoast Banking Corp. of Florida | 512,429 | 15,491 | ||||
| Piper Sandler Cos. | 145,702 | 15,261 | ||||
| Flagstar Bancorp Inc. | 456,449 | 15,245 | ||||
| Northwest Bancshares Inc. | 1,123,000 | 15,172 | ||||
| NBT Bancorp Inc. | 397,298 | 15,077 | ||||
| Berkshire Hills Bancorp Inc. | 538,909 | 14,712 | ||||
| BancFirst Corp. | 162,159 | 14,508 | ||||
| Veritex Holdings Inc. | 518,868 | 13,797 | ||||
| Westamerica Bancorp | 258,446 | 13,514 | ||||
| City Holding Co. | 151,444 | 13,432 | ||||
| PennyMac Mortgage Investment Trust | 1,138,050 | 13,406 | ||||
| * | PRA Group Inc. | 405,284 | 13,318 | |||
| Shares | Market Value ($000) | |||||
| Trustmark Corp. | 429,145 | 13,145 | ||||
| Eagle Bancorp Inc. | 281,288 | 12,607 | ||||
| Hilltop Holdings Inc. | 502,674 | 12,491 | ||||
| Horace Mann Educators Corp. | 353,448 | 12,473 | ||||
| * | Triumph Bancorp Inc. | 229,364 | 12,466 | |||
| Hope Bancorp Inc. | 975,238 | 12,327 | ||||
| OFG Bancorp | 489,877 | 12,311 | ||||
| Provident Financial Services Inc. | 630,159 | 12,288 | ||||
| * | StoneX Group Inc. | 141,203 | 11,711 | |||
| * | Bancorp Inc. | 525,050 | 11,541 | |||
| * | Encore Capital Group Inc. | 243,286 | 11,065 | |||
| Southside Bancshares Inc. | 311,077 | 11,000 | ||||
| FB Financial Corp. | 286,544 | 10,949 | ||||
| Safety Insurance Group Inc. | 133,527 | 10,890 | ||||
| National Bank Holdings Corp. Class A | 292,987 | 10,838 | ||||
| Virtus Investment Partners Inc. | 67,590 | 10,782 | ||||
| First Commonwealth Financial Corp. | 837,002 | 10,747 | ||||
| Two Harbors Investment Corp. | 3,166,856 | 10,514 | ||||
| First Bancorp (XNGS) | 284,544 | 10,409 | ||||
| Stewart Information Services Corp. | 236,889 | 10,338 | ||||
| Capitol Federal Financial Inc. | 1,228,309 | 10,195 | ||||
| * | Green Dot Corp. Class A | 527,473 | 10,011 | |||
| Employers Holdings Inc. | 288,542 | 9,952 | ||||
| S&T Bancorp Inc. | 333,642 | 9,779 | ||||
| Pathward Financial Inc. | 286,432 | 9,441 | ||||
| Apollo Commercial Real Estate Finance Inc. | 1,133,246 | 9,406 | ||||
| * | Donnelley Financial Solutions Inc. | 245,808 | 9,088 | |||
| * | Enova International Inc. | 309,786 | 9,067 | |||
| Brookline Bancorp Inc. | 776,744 | 9,049 | ||||
| ProAssurance Corp. | 456,119 | 8,899 | ||||
| Northfield Bancorp Inc. | 607,598 | 8,695 | ||||
| Tompkins Financial Corp. | 118,613 | 8,614 | ||||
| Dime Community Bancshares Inc. | 289,341 | 8,472 | ||||
| New York Mortgage Trust Inc. | 3,581,448 | 8,381 | ||||
| Banc of California Inc. | 493,661 | 7,884 | ||||
| AMERISAFE Inc. | 168,541 | 7,876 | ||||
| James River Group Holdings Ltd. | 340,540 | 7,768 | ||||
| * | Blucora Inc. | 401,033 | 7,756 | |||
| * | Customers Bancorp Inc. | 253,178 | 7,464 | |||
| Brightsphere Investment Group Inc. | 497,935 | 7,424 | ||||
| HomeStreet Inc. | 250,294 | 7,211 | ||||
| Preferred Bank | 106,859 | 6,970 | ||||
| B. Riley Financial Inc. | 153,854 | 6,850 | ||||
| Franklin BSP Realty Trust Inc. | 624,809 | 6,729 | ||||
| KKR Real Estate Finance Trust Inc. | 408,513 | 6,638 | ||||
| Allegiance Bancshares Inc. | 157,976 | 6,577 | ||||
| TrustCo Bank Corp. | 202,771 | 6,371 | ||||
| Ready Capital Corp. | 611,439 | 6,200 | ||||
| * | World Acceptance Corp. | 57,458 | 5,563 | |||
| Redwood Trust Inc. | 962,518 | 5,525 | ||||
| Heritage Financial Corp. | 206,560 | 5,468 | ||||
| Central Pacific Financial Corp. | 249,414 | 5,160 | ||||
| Ellington Financial Inc. | 446,936 | 5,082 | ||||
| * | PROG Holdings Inc. | 321,221 | 4,812 | |||
| ARMOUR Residential REIT Inc. | 982,224 | 4,783 | ||||
| Hanmi Financial Corp. | 201,031 | 4,760 | ||||
| WisdomTree Investments Inc. | 917,779 | 4,295 | ||||
| Invesco Mortgage Capital Inc. | 334,250 | 3,710 | ||||
| Shares | Market Value ($000) | |||||
| HCI Group Inc. | 93,506 | 3,665 | ||||
| United Fire Group Inc. | 126,406 | 3,632 | ||||
| * | Ambac Financial Group Inc. | 284,409 | 3,626 | |||
| * | EZCORP Inc. Class A | 435,668 | 3,359 | |||
| Granite Point Mortgage Trust Inc. | 458,448 | 2,952 | ||||
| CBTX Inc. | 97,450 | 2,850 | ||||
| Mercury General Corp. | 94,900 | 2,697 | ||||
| Universal Insurance Holdings Inc. | 220,302 | 2,170 | ||||
| * | SiriusPoint Ltd. | 379,955 | 1,881 | |||
| * | LendingTree Inc. | 30,385 | 725 | |||
| * | Selectquote Inc. | 896,300 | 654 | |||
| 1,371,566 | ||||||
| Health Care (12.8%) | ||||||
| * | Lantheus Holdings Inc. | 612,940 | 43,108 | |||
| * | AMN Healthcare Services Inc. | 402,593 | 42,659 | |||
| * | Cytokinetics Inc. | 833,337 | 40,375 | |||
| Ensign Group Inc. | 474,260 | 37,704 | ||||
| * | Merit Medical Systems Inc. | 470,944 | 26,613 | |||
| * | Corcept Therapeutics Inc. | 937,433 | 24,036 | |||
| * | Glaukos Corp. | 444,174 | 23,648 | |||
| Select Medical Holdings Corp. | 1,024,999 | 22,652 | ||||
| * | Prestige Consumer Healthcare Inc. | 447,428 | 22,295 | |||
| * | Pacira BioSciences Inc. | 413,900 | 22,015 | |||
| CONMED Corp. | 266,941 | 21,401 | ||||
| * | Covetrus Inc. | 959,981 | 20,044 | |||
| * | Integer Holdings Corp. | 305,399 | 19,005 | |||
| * | Allscripts Healthcare Solutions Inc. | 1,240,088 | 18,887 | |||
| * | Supernus Pharmaceuticals Inc. | 497,793 | 16,850 | |||
| Owens & Minor Inc. | 676,908 | 16,313 | ||||
| * | AdaptHealth Corp. Class A | 798,000 | 14,986 | |||
| Embecta Corp. | 514,622 | 14,816 | ||||
| * | Myriad Genetics Inc. | 768,004 | 14,654 | |||
| * | Xencor Inc. | 552,829 | 14,362 | |||
| * | Addus HomeCare Corp. | 145,435 | 13,851 | |||
| * | Ligand Pharmaceuticals Inc. | 159,914 | 13,770 | |||
| * | Apollo Medical Holdings Inc. | 334,291 | 13,037 | |||
| * | Vir Biotechnology Inc. | 675,168 | 13,017 | |||
| * | Pediatrix Medical Group Inc. | 779,449 | 12,869 | |||
| * | CorVel Corp. | 91,060 | 12,605 | |||
| * | Meridian Bioscience Inc. | 397,969 | 12,548 | |||
| * | Ironwood Pharmaceuticals Inc. Class A | 1,177,620 | 12,200 | |||
| * | ModivCare Inc. | 113,615 | 11,325 | |||
| * | Arcus Biosciences Inc. | 431,969 | 11,300 | |||
| * | Harmony Biosciences Holdings Inc. | 246,710 | 10,927 | |||
| * | Dynavax Technologies Corp. | 1,041,620 | 10,875 | |||
| * | Catalyst Pharmaceuticals Inc. | 814,100 | 10,445 | |||
| * | Cross Country Healthcare Inc. | 361,475 | 10,255 | |||
| * | Avid Bioservices Inc. | 517,644 | 9,897 | |||
| * | Vericel Corp. | 421,728 | 9,784 | |||
| * | Amphastar Pharmaceuticals Inc. | 347,066 | 9,753 | |||
| * | Avanos Medical Inc. | 442,418 | 9,636 | |||
| * | NextGen Healthcare Inc. | 540,439 | 9,566 | |||
| * | REGENXBIO Inc. | 359,931 | 9,513 | |||
| * | Emergent BioSolutions Inc. | 438,501 | 9,204 | |||
| US Physical Therapy Inc. | 120,900 | 9,191 | ||||
| * | Enanta Pharmaceuticals Inc. | 169,256 | 8,779 | |||
| LeMaitre Vascular Inc. | 172,481 | 8,741 | ||||
| * | NeoGenomics Inc. | 1,013,002 | 8,722 | |||
| Shares | Market Value ($000) | |||||
| * | RadNet Inc. | 423,397 | 8,616 | |||
| * | Varex Imaging Corp. | 359,496 | 7,600 | |||
| Simulations Plus Inc. | 155,510 | 7,548 | ||||
| * | uniQure NV | 394,699 | 7,405 | |||
| * | Heska Corp. | 101,333 | 7,389 | |||
| * | Innoviva Inc. | 628,018 | 7,291 | |||
| * | AngioDynamics Inc. | 351,845 | 7,199 | |||
| Mesa Laboratories Inc. | 48,667 | 6,854 | ||||
| * | Fulgent Genetics Inc. | 179,087 | 6,827 | |||
| * | Cutera Inc. | 148,725 | 6,782 | |||
| * | Coherus Biosciences Inc. | 691,007 | 6,641 | |||
| * | Enhabit Inc. | 451,061 | 6,333 | |||
| * | Hanger Inc. | 333,871 | 6,250 | |||
| * | BioLife Solutions Inc. | 258,328 | 5,877 | |||
| * | Nektar Therapeutics Class A | 1,784,425 | 5,710 | |||
| * | Vanda Pharmaceuticals Inc. | 550,471 | 5,439 | |||
| * | Inogen Inc. | 216,170 | 5,249 | |||
| * | Collegium Pharmaceutical Inc. | 323,880 | 5,189 | |||
| * | HealthStream Inc. | 241,975 | 5,144 | |||
| * | Artivion Inc. | 356,153 | 4,929 | |||
| * | Cardiovascular Systems Inc. | 339,174 | 4,701 | |||
| * | Computer Programs & Systems Inc. | 162,558 | 4,532 | |||
| * | Surmodics Inc. | 134,532 | 4,090 | |||
| * | Cara Therapeutics Inc. | 421,691 | 3,947 | |||
| * | Orthofix Medical Inc. | 190,821 | 3,647 | |||
| * | Anika Therapeutics Inc. | 147,939 | 3,521 | |||
| * | iTeos Therapeutics Inc. | 176,300 | 3,359 | |||
| * | ANI Pharmaceuticals Inc. | 96,444 | 3,100 | |||
| * | OraSure Technologies Inc. | 773,064 | 2,930 | |||
| * | Pennant Group Inc. | 275,989 | 2,873 | |||
| * | Eagle Pharmaceuticals Inc. | 105,374 | 2,784 | |||
| Phibro Animal Health Corp. Class A | 204,867 | 2,723 | ||||
| * | Community Health Systems Inc. | 945,768 | 2,033 | |||
| * | Zimvie Inc. | 182,029 | 1,797 | |||
| * | OptimizeRx Corp. | 96,088 | 1,424 | |||
| * | Organogenesis Holdings Inc. Class A | 397,982 | 1,289 | |||
| * | Joint Corp. | 66,038 | 1,037 | |||
| Zynex Inc. | 82,450 | 748 | ||||
| *,1 | Lantheus Holdings Inc. CVR | 933,227 | — | |||
| 929,040 | ||||||
| Industrials (16.1%) | ||||||
| Exponent Inc. | 473,094 | 41,476 | ||||
| UFP Industries Inc. | 572,461 | 41,309 | ||||
| Applied Industrial Technologies Inc. | 342,232 | 35,175 | ||||
| Comfort Systems USA Inc. | 322,847 | 31,423 | ||||
| Mueller Industries Inc. | 508,084 | 30,200 | ||||
| Franklin Electric Co. Inc. | 349,797 | 28,582 | ||||
| * | Aerojet Rocketdyne Holdings Inc. | 658,345 | 26,327 | |||
| * | Resideo Technologies Inc. | 1,319,026 | 25,141 | |||
| Arcosa Inc. | 439,342 | 25,122 | ||||
| John Bean Technologies Corp. | 285,596 | 24,561 | ||||
| Hillenbrand Inc. | 654,735 | 24,042 | ||||
| UniFirst Corp. | 141,574 | 23,817 | ||||
| Korn Ferry | 502,400 | 23,588 | ||||
| Matson Inc. | 377,175 | 23,204 | ||||
| ABM Industries Inc. | 600,945 | 22,974 | ||||
| Forward Air Corp. | 253,798 | 22,908 | ||||
| * | SPX Technologies Inc. | 413,851 | 22,853 | |||
| Shares | Market Value ($000) | |||||
| Albany International Corp. Class A | 288,571 | 22,748 | ||||
| * | Atlas Air Worldwide Holdings Inc. | 236,759 | 22,627 | |||
| * | Hub Group Inc. Class A | 306,415 | 21,136 | |||
| Encore Wire Corp. | 181,296 | 20,947 | ||||
| Boise Cascade Co. | 349,682 | 20,792 | ||||
| Moog Inc. Class A | 293,512 | 20,649 | ||||
| AAON Inc. | 376,589 | 20,291 | ||||
| Federal Signal Corp. | 543,014 | 20,265 | ||||
| Brady Corp. Class A | 444,249 | 18,538 | ||||
| * | AeroVironment Inc. | 211,054 | 17,593 | |||
| ESCO Technologies Inc. | 236,469 | 17,366 | ||||
| EnPro Industries Inc. | 193,207 | 16,419 | ||||
| ArcBest Corp. | 224,998 | 16,364 | ||||
| * | GMS Inc. | 407,405 | 16,300 | |||
| Lindsay Corp. | 99,291 | 14,226 | ||||
| * | MYR Group Inc. | 164,919 | 13,974 | |||
| * | Gibraltar Industries Inc. | 309,283 | 12,659 | |||
| Trinity Industries Inc. | 581,990 | 12,425 | ||||
| Barnes Group Inc. | 428,484 | 12,375 | ||||
| Griffon Corp. | 418,264 | 12,347 | ||||
| * | NV5 Global Inc. | 98,951 | 12,252 | |||
| * | KAR Auction Services Inc. | 1,081,409 | 12,079 | |||
| * | Veritiv Corp. | 119,285 | 11,662 | |||
| * | PGT Innovations Inc. | 554,669 | 11,626 | |||
| * | Allegiant Travel Co. | 156,323 | 11,408 | |||
| Alamo Group Inc. | 91,127 | 11,142 | ||||
| Granite Construction Inc. | 415,500 | 10,550 | ||||
| HNI Corp. | 384,624 | 10,196 | ||||
| Marten Transport Ltd. | 521,405 | 9,990 | ||||
| * | NOW Inc. | 980,852 | 9,858 | |||
| Enerpac Tool Group Corp. Class A | 543,883 | 9,697 | ||||
| * | CoreCivic Inc. | 1,082,815 | 9,572 | |||
| * | AAR Corp. | 264,628 | 9,479 | |||
| Tennant Co. | 166,864 | 9,438 | ||||
| * | 3D Systems Corp. | 1,173,473 | 9,364 | |||
| * | GEO Group Inc. | 1,180,388 | 9,089 | |||
| Standex International Corp. | 108,311 | 8,844 | ||||
| AZZ Inc. | 237,545 | 8,673 | ||||
| * | Proto Labs Inc. | 234,187 | 8,531 | |||
| Greenbrier Cos. Inc. | 345,364 | 8,382 | ||||
| Apogee Enterprises Inc. | 214,100 | 8,183 | ||||
| * | Hawaiian Holdings Inc. | 574,096 | 7,549 | |||
| Wabash National Corp. | 459,759 | 7,154 | ||||
| * | SkyWest Inc. | 427,471 | 6,951 | |||
| Quanex Building Products Corp. | 378,344 | 6,871 | ||||
| Kaman Corp. | 238,512 | 6,662 | ||||
| Deluxe Corp. | 394,205 | 6,564 | ||||
| Heartland Express Inc. | 430,042 | 6,154 | ||||
| * | TrueBlue Inc. | 311,369 | 5,941 | |||
| Resources Connection Inc. | 328,047 | 5,928 | ||||
| * | Viad Corp. | 187,586 | 5,924 | |||
| Astec Industries Inc. | 184,794 | 5,764 | ||||
| Matthews International Corp. Class A | 254,564 | 5,705 | ||||
| * | Titan International Inc. | 430,693 | 5,229 | |||
| Insteel Industries Inc. | 191,383 | 5,077 | ||||
| * | Triumph Group Inc. | 572,691 | 4,919 | |||
| Interface Inc. Class A | 545,131 | 4,901 | ||||
| Heidrick & Struggles International Inc. | 176,875 | 4,597 | ||||
| Shares | Market Value ($000) | |||||
| Kelly Services Inc. Class A | 303,873 | 4,130 | ||||
| Pitney Bowes Inc. | 1,757,280 | 4,094 | ||||
| * | Forrester Research Inc. | 112,916 | 4,066 | |||
| * | Sun Country Airlines Holdings Inc. | 280,000 | 3,811 | |||
| Healthcare Services Group Inc. | 288,619 | 3,489 | ||||
| * | American Woodmark Corp. | 76,098 | 3,338 | |||
| * | DXP Enterprises Inc. | 134,152 | 3,177 | |||
| * | Harsco Corp. | 823,592 | 3,080 | |||
| National Presto Industries Inc. | 45,693 | 2,972 | ||||
| Park Aerospace Corp. | 232,914 | 2,571 | ||||
| Powell Industries Inc. | 99,676 | 2,101 | ||||
| * | CIRCOR International Inc. | 73,566 | 1,213 | |||
| 1,172,690 | ||||||
| Information Technology (12.5%) | ||||||
| * | Rogers Corp. | 171,350 | 41,446 | |||
| * | SPS Commerce Inc. | 325,785 | 40,472 | |||
| * | Fabrinet | 329,299 | 31,432 | |||
| * | Onto Innovation Inc. | 443,649 | 28,416 | |||
| * | Alarm.com Holdings Inc. | 429,770 | 27,875 | |||
| * | Viavi Solutions Inc. | 2,104,113 | 27,459 | |||
| Advanced Energy Industries Inc. | 344,868 | 26,696 | ||||
| * | Diodes Inc. | 403,598 | 26,198 | |||
| Badger Meter Inc. | 269,452 | 24,895 | ||||
| * | Sanmina Corp. | 536,365 | 24,716 | |||
| * | Rambus Inc. | 965,797 | 24,551 | |||
| * | Insight Enterprises Inc. | 282,581 | 23,287 | |||
| * | Plexus Corp. | 257,570 | 22,553 | |||
| Kulicke & Soffa Industries Inc. | 540,262 | 20,816 | ||||
| * | MaxLinear Inc. Class A | 635,396 | 20,727 | |||
| * | Perficient Inc. | 304,397 | 19,792 | |||
| * | NetScout Systems Inc. | 631,341 | 19,774 | |||
| * | Axcelis Technologies Inc. | 308,032 | 18,654 | |||
| * | FormFactor Inc. | 707,881 | 17,732 | |||
| Progress Software Corp. | 402,785 | 17,138 | ||||
| EVERTEC Inc. | 546,291 | 17,126 | ||||
| * | Itron Inc. | 390,214 | 16,432 | |||
| * | Extreme Networks Inc. | 1,162,220 | 15,190 | |||
| CSG Systems International Inc. | 281,528 | 14,887 | ||||
| Adeia Inc. | 987,513 | 13,963 | ||||
| CTS Corp. | 305,072 | 12,706 | ||||
| Methode Electronics Inc. | 334,396 | 12,423 | ||||
| * | Digital Turbine Inc. | 854,032 | 12,307 | |||
| * | TTM Technologies Inc. | 920,881 | 12,137 | |||
| * | Digi International Inc. | 339,150 | 11,724 | |||
| ADTRAN Holdings Inc. | 590,996 | 11,572 | ||||
| * | Cohu Inc. | 444,688 | 11,464 | |||
| InterDigital Inc. | 283,291 | 11,451 | ||||
| * | Harmonic Inc. | 863,884 | 11,291 | |||
| * | Ultra Clean Holdings Inc. | 435,506 | 11,214 | |||
| * | OSI Systems Inc. | 152,645 | 11,000 | |||
| * | Agilysys Inc. | 193,855 | 10,730 | |||
| * | Knowles Corp. | 815,541 | 9,925 | |||
| * | ePlus Inc. | 238,172 | 9,894 | |||
| * | Clearfield Inc. | 94,365 | 9,874 | |||
| * | LiveRamp Holdings Inc. | 523,978 | 9,515 | |||
| * | Photronics Inc. | 604,454 | 8,837 | |||
| Benchmark Electronics Inc. | 346,380 | 8,583 | ||||
| * | Veeco Instruments Inc. | 436,516 | 7,997 | |||
| Shares | Market Value ($000) | |||||
| TTEC Holdings Inc. | 169,434 | 7,508 | ||||
| * | Avid Technology Inc. | 322,300 | 7,497 | |||
| A10 Networks Inc. | 534,209 | 7,089 | ||||
| * | PDF Solutions Inc. | 273,070 | 6,698 | |||
| * | Ichor Holdings Ltd. | 271,805 | 6,580 | |||
| * | SMART Global Holdings Inc. | 411,482 | 6,530 | |||
| * | LivePerson Inc. | 690,716 | 6,507 | |||
| * | Consensus Cloud Solutions Inc. | 136,686 | 6,465 | |||
| * | ScanSource Inc. | 222,816 | 5,885 | |||
| * | NETGEAR Inc. | 284,579 | 5,703 | |||
| * | CEVA Inc. | 214,708 | 5,632 | |||
| * | Cerence Inc. | 353,204 | 5,563 | |||
| * | Alpha & Omega Semiconductor Ltd. | 170,494 | 5,244 | |||
| * | FARO Technologies Inc. | 187,685 | 5,150 | |||
| PC Connection Inc. | 97,683 | 4,405 | ||||
| Ebix Inc. | 229,587 | 4,355 | ||||
| * | 8x8 Inc. | 1,219,001 | 4,206 | |||
| * | Unisys Corp. | 488,511 | 3,688 | |||
| * | Corsair Gaming Inc. | 306,313 | 3,477 | |||
| * | Arlo Technologies Inc. | 749,118 | 3,476 | |||
| * | OneSpan Inc. | 328,283 | 2,826 | |||
| Comtech Telecommunications Corp. | 275,394 | 2,757 | ||||
| * | Diebold Nixdorf Inc. | 909,960 | 2,220 | |||
| 906,332 | ||||||
| Materials (5.4%) | ||||||
| * | Livent Corp. | 1,589,478 | 48,717 | |||
| Balchem Corp. | 285,136 | 34,667 | ||||
| * | ATI Inc. | 1,129,641 | 30,060 | |||
| HB Fuller Co. | 457,108 | 27,472 | ||||
| Innospec Inc. | 215,690 | 18,478 | ||||
| * | O-I Glass Inc. | 1,408,600 | 18,241 | |||
| Quaker Chemical Corp. | 120,014 | 17,328 | ||||
| Stepan Co. | 183,766 | 17,213 | ||||
| * | Arconic Corp. | 955,557 | 16,283 | |||
| Materion Corp. | 178,538 | 14,283 | ||||
| Carpenter Technology Corp. | 432,979 | 13,483 | ||||
| Warrior Met Coal Inc. | 449,413 | 12,781 | ||||
| Compass Minerals International Inc. | 317,258 | 12,224 | ||||
| Mativ Holdings Inc. | 521,608 | 11,517 | ||||
| Minerals Technologies Inc. | 215,800 | 10,663 | ||||
| Sylvamo Corp. | 313,851 | 10,640 | ||||
| Kaiser Aluminum Corp. | 148,350 | 9,101 | ||||
| * | TimkenSteel Corp. | 553,914 | 8,303 | |||
| AdvanSix Inc. | 251,748 | 8,081 | ||||
| Hawkins Inc. | 200,222 | 7,807 | ||||
| Trinseo plc | 376,211 | 6,892 | ||||
| * | Clearwater Paper Corp. | 155,957 | 5,864 | |||
| American Vanguard Corp. | 268,629 | 5,023 | ||||
| Myers Industries Inc. | 299,183 | 4,928 | ||||
| Mercer International Inc. | 367,863 | 4,525 | ||||
| Koppers Holdings Inc. | 214,113 | 4,449 | ||||
| SunCoke Energy Inc. | 601,155 | 3,493 | ||||
| * | Century Aluminum Co. | 621,577 | 3,282 | |||
| Olympic Steel Inc. | 119,973 | 2,737 | ||||
| Haynes International Inc. | 59,457 | 2,088 | ||||
| * | Rayonier Advanced Materials Inc. | 646,996 | 2,038 | |||
| Tredegar Corp. | 114,911 | 1,085 | ||||
| Shares | Market Value ($000) | |||||
| FutureFuel Corp. | 116,083 | 701 | ||||
| 394,447 | ||||||
| Real Estate (7.7%) | ||||||
| Agree Realty Corp. | 681,718 | 46,071 | ||||
| Essential Properties Realty Trust Inc. | 1,208,407 | 23,504 | ||||
| Innovative Industrial Properties Inc. | 262,131 | 23,199 | ||||
| LXP Industrial Trust | 2,529,832 | 23,173 | ||||
| Four Corners Property Trust Inc. | 728,048 | 17,611 | ||||
| Outfront Media Inc. | 1,134,400 | 17,232 | ||||
| SITE Centers Corp. | 1,592,386 | 17,054 | ||||
| CareTrust REIT Inc. | 928,982 | 16,824 | ||||
| DiamondRock Hospitality Co. | 2,166,832 | 16,273 | ||||
| Xenia Hotels & Resorts Inc. | 1,177,020 | 16,231 | ||||
| Sunstone Hotel Investors Inc. | 1,702,155 | 16,034 | ||||
| Retail Opportunity Investments Corp. | 1,107,701 | 15,242 | ||||
| LTC Properties Inc. | 401,412 | 15,033 | ||||
| Uniti Group Inc. | 2,143,411 | 14,897 | ||||
| Washington REIT | 796,639 | 13,989 | ||||
| Easterly Government Properties Inc. Class A | 822,787 | 12,975 | ||||
| Tanger Factory Outlet Centers Inc. | 926,277 | 12,671 | ||||
| American Assets Trust Inc. | 487,273 | 12,533 | ||||
| Urban Edge Properties | 841,747 | 11,229 | ||||
| Brandywine Realty Trust | 1,626,633 | 10,980 | ||||
| Acadia Realty Trust | 843,956 | 10,651 | ||||
| Global Net Lease Inc. | 978,311 | 10,419 | ||||
| * | Anywhere Real Estate Inc. | 1,281,017 | 10,389 | |||
| Getty Realty Corp. | 378,548 | 10,179 | ||||
| Alexander & Baldwin Inc. | 611,103 | 10,132 | ||||
| * | Veris Residential Inc. | 884,098 | 10,052 | |||
| Service Properties Trust | 1,839,067 | 9,545 | ||||
| St. Joe Co. | 296,000 | 9,481 | ||||
| NexPoint Residential Trust Inc. | 202,383 | 9,352 | ||||
| Hudson Pacific Properties Inc. | 825,900 | 9,044 | ||||
| Centerspace | 128,643 | 8,660 | ||||
| Summit Hotel Properties Inc. | 1,267,470 | 8,517 | ||||
| Community Healthcare Trust Inc. | 231,739 | 7,589 | ||||
| Marcus & Millichap Inc. | 214,090 | 7,018 | ||||
| iStar Inc. | 757,743 | 7,017 | ||||
| Office Properties Income Trust | 480,614 | 6,753 | ||||
| * | Chatham Lodging Trust | 631,851 | 6,236 | |||
| Hersha Hospitality Trust Class A | 729,717 | 5,823 | ||||
| Armada Hoffler Properties Inc. | 543,095 | 5,637 | ||||
| RPT Realty | 704,323 | 5,325 | ||||
| Industrial Logistics Properties Trust | 933,610 | 5,135 | ||||
| Orion Office REIT Inc. | 535,750 | 4,688 | ||||
| Safehold Inc. | 152,563 | 4,037 | ||||
| Urstadt Biddle Properties Inc. Class A | 260,048 | 4,033 | ||||
| Universal Health Realty Income Trust | 89,378 | 3,862 | ||||
| Saul Centers Inc. | 99,219 | 3,721 | ||||
| RE/MAX Holdings Inc. Class A | 183,245 | 3,465 | ||||
| Whitestone REIT | 366,250 | 3,098 | ||||
| Douglas Elliman Inc. | 738,650 | 3,028 | ||||
| Franklin Street Properties Corp. | 878,963 | 2,312 | ||||
| Diversified Healthcare Trust | 201,717 | 200 | ||||
| 558,153 | ||||||
| Utilities (2.3%) | ||||||
| South Jersey Industries Inc. | 1,130,418 | 37,779 | ||||
| Shares | Market Value ($000) | |||||
| American States Water Co. | 357,121 | 27,838 | ||||
| California Water Service Group | 500,133 | 26,352 | ||||
| Avista Corp. | 659,607 | 24,438 | ||||
| Chesapeake Utilities Corp. | 161,212 | 18,602 | ||||
| Northwest Natural Holding Co. | 316,770 | 13,741 | ||||
| Middlesex Water Co. | 162,934 | 12,579 | ||||
| Unitil Corp. | 132,637 | 6,161 | ||||
| 167,490 | ||||||
| Total Common Stocks (Cost $5,628,569) | 7,259,924 | |||||
| Coupon | ||||||
| Temporary Cash Investments (0.3%) | ||||||
| Money Market Fund (0.3%) | ||||||
| 2 | Vanguard Market Liquidity Fund (Cost $19,276) | 2.828% | 192,832 | 19,277 | ||
| Total Investments (100.1%) (Cost $5,647,845) | 7,279,201 | |||||
| Other Assets and Liabilities—Net (-0.1%) | (4,531) | |||||
| Net Assets (100%) | 7,274,670 | |||||
| Cost is in $000. |
| * | Non-income-producing security. |
| 1 | Security value determined using significant unobservable inputs. |
| 2 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
| CVR—Contingent Value Rights. | |
| REIT—Real Estate Investment Trust. |
Derivative Financial Instruments Outstanding as of Period End
| Futures Contracts | ||||
| ($000) | ||||
| Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
| Long Futures Contracts | ||||
| E-mini Russell 2000 Index | December 2022 | 253 | 21,123 | (1,652) |
A. 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 materially affected by events occurring before the fund's pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees.
Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objective of maintaining full exposure to the stock market while maintaining liquidity. The fund may purchase or sell futures contracts to achieve a desired level of investment, whether to accommodate portfolio turnover or cash flows from capital share transactions. The primary risks associated with the use of 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 securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. 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 and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund's investments and derivatives as of September 30, 2022, based on the inputs used to value them:
| Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
| Investments | ||||
| Assets | ||||
| Common Stocks | 7,259,924 | — | — | 7,259,924 |
| Temporary Cash Investments | 19,277 | — | — | 19,277 |
| Total | 7,279,201 | — | — | 7,279,201 |
| Derivative Financial Instruments | ||||
| Liabilities | ||||
| Futures Contracts1 | 1,652 | — | — | 1,652 |
| 1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |