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Estimated year-end distributions

Estimated capital gainsVanguard fundTicker2021 declaration date/record date2021 reinvest/ ex-dividend date2021 payable dateEstimated QDINet income available 12/31/2021 Short-termLong-termTot al% of NAV500 Index Admiral VFIAX12 /17/ 2112/20/2112/21/2199% $ Index Institutional SelectVFFSX12 /17/ 2112/20/2112/21/2199% $ Index InvestorVFINX12 /17/ 2112/20/2112/21/2199% $ Select Dividend Growth AdmiralVADGX12 /17/ 2112/20/2112/21/2195% $ Select Global Value AdmiralVAGV X12 /17/ 2112/20/2112/21/2195% $ Select International Growth AdmiralVAIGX12 /17/ 2112/20/2112/21/2195% $ StrategiesVASFX12 /17/ 2112/20/2112/21/21100% $ Index AdmiralVBIAX12/28/2112/29/2112 / 30/ 2153% $ $ $ $ 4%Balanced Index InstitutionalVBAIX12/28/2112/29/2112 / 30/ 2153% $ $ $ $ 4%Balanced Index InvestorVBINX12/28/2112/29/2112 / 30/ 2153% $ $ $ $ 4%Capital Opportunity AdmiralVHCAX12 /17/ 2112/20/2112/21/21100% $ $ $ $ Opportunity InvestorVHCOX12 /17/ 2112/20/2112/21/21100% $ $ $ 8.

FTSE All-World ex-US Small-Cap Index Admiral VFSAX 12/16/21 12/17/21 12/20/21 61% $0.63 — — — 0.00% FTSE All-World ex-US Small-Cap Index Institutional VFSNX 12/16/21 12/17/21 12/20/21 61% $4.81 — — — 0.00% FTSE Social Index Admiral VFTAX 12/16/21 12/17/21 12/20/21 100% $0.15 — — — 0.00% ...

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