UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED MANAGEMENT COMPANY


Investment Company Act file number: 811-07443

Name of Registrant: Vanguard Whitehall Funds

Address of Registrant: P.O. Box 2600
Valley Forge, PA 19482

Name and address of agent for service: Heidi Stam, 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: July 31, 2007

Item 1: Schedule of Investments




Vanguard International Explorer Fund
Schedule of Investments
July 31, 2007
 

Shares Market
Value
($000)

Common Stocks (99.1%)

    Australia (2.6%)    
 ^ James Hardie Industries NV 2,344,838  14,857 
   Ansell Ltd. 1,483,284  14,849 
   Just Group Ltd. 3,254,735  13,078 
   Iluka Resources Ltd. 2,300,000  11,571 
   Lion Nathan Ltd. 1,530,706  10,974 
   Computershare Ltd. 1,200,000  10,064 
   Sonic Healthcare Ltd. 750,000  9,742 

        85,135  

    
    Austria (1.0%)
 * Austriamicrosystems AG 306,423  17,683 
   Schoeller-Bleckmann Oilfield Equipment AG 112,000  9,069 
 * Kapsch TrafficCom AG 118,605  6,260 

        33,012  

    
    Belgium (1.5%)
 ^ Compagnie Nationale a Portefeuille 290,000  20,501 
   Sofina SA 130,000  15,829 
   Fluxys D Shares 4,000  14,061 

        50,391  

    
    Brazil (0.1%)
   Lojas Americanas SA Pfd. 50,000,000  4,480  

    
    Canada (1.3%)
   Niko Resources Ltd. 451,178  40,914  

    
    China (1.1%)
   Shenzhen Expressway Co. Ltd. 19,400,000  18,063 
   Jiangsu Expressway Co. Ltd. H Shares 11,000,000  10,978 
 ^ The Guangshen Railway Co., Ltd. 6,800,000  5,255 

        34,296  

    
    Denmark (0.4%)
 ^ Trygvesta A/S 150,000  11,978  

    
    Finland (3.1%)
   YIT Oyj 1,650,000  51,888 
   Uponor Oyj 777,504  28,348 
 ^ OKO Bank (Osuuspankkien Keskuspankki Oyj) 446,599  7,764 
 ^ F-Secure Oyj 2,234,483  7,622 
   Cargotec Corp. 63,520  3,296 
   Teleste Oyj 200,000  2,776 

        101,694  

    
    France (7.1%)
^1 Saft Groupe SA 1,300,000  56,599 
 ^ Kaufman & Broad SA 600,000  43,154 
   Nexity 525,000  39,191 
 ^ Groupe Bourbon SA 440,212  28,556 
 * Alten 410,000  15,208 
 ^ Cegereal 222,906  11,644 
 ^ Altamir Amboise 529,598  8,554 
 * Store Promesses 359,476  7,173 
   Fonciere Des Regions 45,000  6,756 
 * Carrere Group 240,000  6,136 
 ^ Virbac SA 65,865  5,644 
 ^ HF Co. 63,145  1,591 
*^ Groupe Partouche SA 51,928  1,005 
   Les Nouveaux Constructeurs SA 26,368  782 
 * Altamir Aboise Call Warrants Exp. 9/19/08 494,155  264 

        232,257  

    
    Germany (8.0%)
   Rheinmetall AG 580,000  51,479 
   MTU Aero Engines Holdings AG 760,000  51,302 
   Aareal Bank AG 670,000  31,602 
 ^ Demag Cranes AG NPV Registered 600,000  28,268 
   IDS Scheer AG 900,000  19,892 
   Bilfinger Berger AG 225,000  19,267 
   Grenkeleasing AG 412,300  17,518 
 * Thielert AG 585,750  15,679 
 1 cash.life AG 440,000  11,732 
 * Steico AG 235,756  6,028 
   HCI Capital AG 213,098  4,374 
*^ Verbio AG 390,100  3,023 

        260,164  

    
    Greece (3.6%)
   Babis Vovos International 1,132,243  35,844 
   Postal Savings Bank 1,300,000  28,617 
 * Symrise AG 900,000  25,553 
   Fourlis SA 591,797  18,592 
   Public Power Corp. 300,000  8,933 

        117,539  

    
    Hong Kong (1.8%)
   Hopewell Holdings Ltd. 4,398,000  18,989 
   Dah Sing Financial Group 2,000,400  18,224 
 ^ ASM Pacific Technology Ltd. 1,400,000  12,829 
   Kowloon Development Co., Ltd. 4,037,000  8,866 

        58,908  

    
    India (0.1%)
 * Infrastructure Development Finance Co Ltd. Warrants Exp. 01/20/10 1,000,000  3,350  

    
    Indonesia (1.5%)
   PT Bank Central Asia Tbk 47,924,500  32,129 
   PT Bank Rakyat Indonesia Tbk 27,000,000  18,010 

        50,139  

    
    Ireland (1.3%)
   DCC PLC 1,462,850  43,146  

    
    Italy (4.8%)
   Compagnie Industriali Riunite SpA 9,500,000  36,496 
 ^ Azimut Holding SpA 2,077,208  34,308 
   ACEA SpA 1,800,000  33,051 
 ^ Italmobiliare SpA 151,377  20,506 
   Italmobiliare SpA Non-Convertible Risp. 157,074  15,614 
   Antichi Pellettieri SpA 1,018,784  14,770 

        154,745  

    
    Japan (16.3%)
 ^ Union Tool Co. 360,700  16,812 
   Tsuruha Holdings, Inc. 374,400  15,072 
 ^ Nichicon Corp. 949,600  14,872 
   Obic Co., Ltd. 73,200  14,435 
 ^ KOA Corp. 940,700  14,096 
   Chugoku Marine Paints, Ltd. 1,071,000  14,057 
   Aica Kogyo Co., Ltd. 1,201,800  13,983 
   Nippon Sanso Corp. 1,533,000  13,771 
 ^ Musashi Seimitsu Industry Co., Ltd. 517,700  13,448 
   Exedy Corp. 426,200  12,760 
 ^ MISUMI Group Inc. 736,800  12,566 
 ^ Kissei Pharmaceutical Co. 690,000  12,328 
 ^ Sato Corp. 662,400  11,950 
 ^ Amano Corp. 873,100  11,725 
   Nissan Chemical Industries, Ltd. 933,000  11,612 
   The Tokyo Tomin Bank, Ltd. 333,200  11,555 
   Nifco Inc. 474,300  11,147 
 ^ Sysmex Corp. 287,300  11,107 
   NAFCO Co., Ltd. 377,600  10,937 
   Tokyo Ohka Kogyo Co., Ltd. 500,000  10,730 
   H.I.S Co., Ltd. 401,200  10,316 
 ^ Trusco Nakayama Corp. 520,600  10,100 
 ^ Furukawa-Sky Aluminum Corp. 2,382,000  9,959 
 ^ Nishimatsuya Chain Co., Ltd. 606,600  9,844 
 ^ Sumida Corp. 642,600  9,669 
   Tsumura & Co. 551,400  9,494 
 ^ JSP Corp. 757,900  9,416 
   Dowa Mining Co. Ltd. 787,000  9,396 
   Ushio Inc. 485,500  9,260 
   Lintec Corp. 453,000  8,921 
   Chiyoda Co., Ltd. 447,700  8,652 
   Inaba Denki Sangyo Co., Ltd. 245,500  8,470 
   Nitta Corp. 382,500  8,455 
 ^ Arisawa Manufacturing Co., Ltd. 800,000  8,222 
   The Hiroshima Bank, Ltd. 1,294,000  7,325 
   Bank of Okinawa, Ltd 199,600  6,955 
 ^ Enplas Corp. 456,200  6,952 
   Tsutsumi Jewerly Co., Ltd. 270,800  6,744 
 ^ Alpen Co., Ltd. 339,600  6,414 
 ^ Honeys Co., Ltd. 153,400  5,935 
   Sumitomo Osaka Cement Co., Ltd. 2,303,000  5,858 
   Japan Aviation Electronics Industry, Ltd. 392,000  5,845 
 ^ Net One Systems Co., Ltd. 4,550  5,764 
   Ryosan Co., Ltd. 224,400  5,568 
   Santen Pharmaceutical Co., Ltd. 222,000  5,238 
   Nissin Healthcare Food Service Co. Ltd. 350,000  4,926 
   Koito Manufacturing Co., Ltd. 418,000  4,894 
   ICOM Inc. 160,700  4,891 
   Sanie-International Co., Ltd. 175,000  4,352 
   The Musashino Bank, Ltd. 90,000  4,268 
 ^ ALPHA Corp. 201,000  3,965 
   Nishio Rent All Co. Ltd. 187,000  3,687 
   Kureha Chemical Industry Co. 700,000  3,544 
 ^ Daido Steel Co., Ltd. 446,000  3,221 
 ^ Fullcast Co., Ltd. 2,858  3,093 
 ^ Nidec Copal Corp. 271,400  3,080 
   Fujikura Kasei Co., Ltd. 295,800  3,051 
 ^ Nagase & Co., Ltd. 240,000  2,992 
   Daihatsu Deisel MFG, Co., Ltd. 225,000  2,898 
   DC Co., Ltd. 519,000  2,895 
 ^ eAccess Ltd. 5,200  2,824 
 ^ Right On Co. Ltd. 195,000  2,524 
 ^ The Minato Bank, Ltd. 1,109,000  2,480 
   Sumitomo Forestry Co. 223,000  2,053 
   AUCNET Inc. 120,000  1,751 
 * Dowa Mining Co., Ltd. Rights Exp. 1/29/10 2,300,000  1,395 
   Hard Off Corp. Co., Ltd. 209,000  1,156 
   Thine Electronics Inc. 600  718 

        528,393  

    
    Malaysia (0.2%)
 * TIME dotCom Bhd. 15,000,000  5,658  

    
    Netherlands (3.9%)
   Heijmans NV 600,000  34,077 
 ^ Koninklijke Ten Cate NV 574,219  23,708 
   Fugro NV 342,000  22,759 
   Macintosh Retail Group NV 500,000  20,368 
 * Smartrac NV 303,845  11,828 
   Arcadis NV 113,000  10,517 
   Eriks Group NV 26,652  2,380 

        125,637  

    
    Norway (0.3%)
 * Stepstone ASA 2,020,065  8,152  

    
    Philippines (0.2%)
   Aboitiz Equity Ventures Inc. 45,000,000  6,883  

    
    Singapore (2.8%)
   Singapore Exchange Ltd. 3,353,000  21,172 
   ComfortDelGro Corp. Ltd. 15,318,000  20,593 
   Sembcorp Industries Ltd. 5,237,000  19,520 
 ^ Yanlord Land Group Ltd. 8,555,000  18,043 
   SMRT Corp. Ltd. 5,225,000  6,092 
   Want Want Holdings Ltd. 2,603,000  5,989 

        91,409  

    
    South Korea (5.4%)
   Samsung Corp. 726,140  48,233 
   Amorepacific Corp. 46,643  33,465 
   Kumkang Korea Chemical Co., Ltd. 48,060  22,018 
   Hite Brewery Co., Ltd. 160,600  21,115 
   Pusan Bank 1,096,710  20,998 
   Daegu Bank 807,820  15,818 
   Yuhan Corp. 57,839  12,211 

        173,858  

    
    Spain (1.2%)
 ^ Red Electrica de Espana SA 600,000  27,077 
 ^ Enagas SA 550,000  13,075 

        40,152  

    
    Sweden (4.8%)
   Swedish Match AB 2,100,000  40,924 
 ^ Saab AB 1,350,000  37,034 
   Munters AB 1,800,000  30,341 
*^ Transcom WorldWide SA 2,700,000  19,996 
 ^ Oriflame Cosmetics SA 340,000  17,256 
 ^ D. Carnegie & Co. AB 600,000  11,677 

        157,228  

    
    Switzerland (6.0%)
   Sika Finanz AG (Bearer) 26,000  49,517 
   Helvetia Patria Holding AG 90,000  34,381 
   BKW FMB Energie AG 250,000  26,007 
   Geberit AG 140,000  22,824 
   Kuoni Reisen Holding AG (Registered) 26,000  15,381 
   Jelmoli Holding AG 4,800  15,079 
   Bank Sarasin & Cie AG 3,000  12,239 
   Mobilezone Holding AG 1,423,820  9,290 
   Schweizerhall Holding AG 34,944  6,213 
 * Arpida Ltd. 92,700  2,833 

        193,764  

    
    Taiwan (0.7%)
*2 Catcher Technology Warrants Exp. 11/29/10 1,797,530  16,608 
*2 Basso Industry Warrants Exp. 5/3/11 2,795,855  4,833 

        21,441  

    
    Thailand (0.5%)
   Bank of Ayudhya PLC (Foreign) 22,708,100  17,769  

    
    United Kingdom (17.5%)
   SIG PLC 1,300,000  34,217 
   Babcock International Group PLC 3,227,082  33,628 
   WS Atkins PLC 1,200,000  25,333 
   Carillion PLC 3,000,000  23,910 
   Findel PLC 1,600,000  22,340 
   J.D. Wetherspoon PLC 1,775,000  21,015 
   Meggitt PLC 3,111,964  19,237 
   Inchcape PLC 1,860,000  17,236 
   Quintain Estates & Development PLC 900,000  16,679 
   Domestic & General Group PLC 595,000  16,089 
   The Go-Ahead Group PLC 280,000  15,614 
   Speedy Hire PLC 640,000  15,541 
   Forth Ports PLC 380,000  14,724 
   Balfour Beatty PLC 1,700,000  14,704 
   Amec PLC 1,000,000  12,805 
   Alfred McAlpine Group PLC 1,398,635  12,776 
 * Imperial Energy Corp. PLC 670,000  12,710 
   Headlam Group PLC 1,100,000  12,528 
   National Express Group PLC 500,000  11,531 
   First Choice Holidays PLC 1,800,000  11,182 
   William Hill PLC 900,000  10,950 
 * Premier Oil PLC 481,503  10,627 
   Whatman PLC 2,201,504  10,243 
 * Invensys PLC 1,350,000  10,209 
   Nestor Healthcare Group PLC 3,020,445  9,769 
   ICAP PLC 1,000,000  9,624 
   Shaftesbury PLC 850,000  9,552 
   Venture Production PLC 600,000  9,403 
 * Leo Capital PLC 6,150,108  9,110 
   Ultra Electronics Holdings PLC 375,000  8,356 
   Chrysalis Group PLC 3,500,000  8,252 
   John Wood Group PLC 1,200,000  7,803 
   Alexon Group PLC 1,700,000  7,785 
   Homeserve PLC 200,000  7,029 
   BPP Holdings PLC 600,000  6,732 
   Derwent London PLC 200,000  6,689 
 * CSR PLC 450,000  6,531 
   The Future Network PLC 7,200,000  6,525 
   Intermediate Capital Group PLC 225,000  6,319 
   Paragon Group Cos. PLC 700,000  6,209 
 * AEA Technology PLC 2,559,950  5,588 
   Goldshield Group PLC 1,050,601  4,860 
   Lawrence PLC 1,112,700  4,523 
   Erinaceous Group PLC 971,826  4,258 
   RM PLC 1,000,000  4,212 
   Redrow PLC 400,000  4,068 
   Bellway PLC 150,000  3,744 
 * I-Mate PLC 2,100,000  2,586 
 * Stagecoach Group PLC - B Shares 2,000,000  2,559 
   Devro PLC 638,646  1,324 
   Carter & Carter Group PLC 129,770  160 
 * Pinnacle Staffing Group PLC 723,983  97 

        569,495  

    

   Total Common Stocks
   (Cost $2,265,584)    3,221,987  

    Temporary Cash Investment (8.0%)

 3 Vanguard Market Liquidity Fund, 5.302%
   (Cost $259,325) 259,324,716  259,325  

    Total Investments (107.1%)
   (Cost $2,524,909)    3,481,312  

   Other Assets and Liabilities - Net (-7.1%)    (231,883)

   Net Assets (100%)    3,249,429  

 
 
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Considered an affiliated company of the fund as the fund owns more than 5% of the outstanding voting securities of such company.
2 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 July 31, 2007, the aggregate value of these securities was $21,441,000, representing 0.7% of net assets.
3 Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield.

Investment Securities: 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.

At July 31, 2007, the cost of investment securities for tax purposes was $2,542,297,000. Net unrealized appreciation of investment securities for tax purposes was $939,015,000, consisting of unrealized gains of $1,033,442,000 on securities that had risen in value since their purchase and $94,427,000 in unrealized losses on securities that had fallen in value since their purchase.

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).

Affiliated Companies: Certain of the fund’s investments are in companies that are considered to be affiliated companies of the fund because the fund owns more than 5% of the outstanding voting securities of the company. Transactions during the period in securities of these companies were as follows:




  Current Period Transactions

 
 
 
 
Oct. 31, 2006
Market
Value
($000)
Purchases at
Cost
($000)
Proceeds from
Securities
Sold
($000)
Dividend
Income
($000)
July 31, 2007
Market
Value
($000)

cash.life AG n/a 1  2,763  300  11,732 
Saft Groupe SA n/a 1  12,921  1,022  56,599 


        1,322  68,331 


 
 

1  At October 31, 2006, the issuer was not affiliated company of the fund.




Vanguard Mid-Cap Growth Fund
Schedule of Investments
July 31, 2007
 
Shares Market
Value
($000)

     Common Stocks (93.6%)    

     Consumer Discretionary (17.4%)
 *^ Life Time Fitness, Inc. 391,642  20,138 
    Strayer Education, Inc. 83,683  12,680 
    Lamar Advertising Co. Class A 210,006  12,502 
  * Tractor Supply Co. 258,672  12,292 
  * Gaylord Entertainment Co. 210,755  10,534 
    PetSmart, Inc. 296,655  9,591 
  * O'Reilly Automotive, Inc. 283,394  9,440 
    Polo Ralph Lauren Corp. 98,055  8,761 
  * Scientific Games Corp. 227,175  7,794 
  * Penn National Gaming, Inc. 132,390  7,612 
    Phillips-Van Heusen Corp. 146,220  7,612 
    Hilton Hotels Corp. 171,965  7,603 
    International Game Technology 194,955  6,886 
  * GameStop Corp. Class A 145,705  5,879 
  * Morningstar, Inc. 110,404  5,408 
  * Dick's Sporting Goods, Inc. 93,612  5,264 
    DeVry, Inc. 154,080  4,992 
  * The Goodyear Tire & Rubber Co. 172,350  4,950 
  * Urban Outfitters, Inc. 200,740  4,027 
    J.C. Penney Co., Inc. (Holding Co.) 57,460  3,910 
  * Discovery Holding Co. Class A 148,985  3,534 
  * National CineMedia Inc. 141,520  3,524 
    Family Dollar Stores, Inc. 110,815  3,282 
  * IAC/InterActiveCorp 76,830  2,208 

         180,423  

     
     Consumer Staples (1.7%)
  * Hansen Natural Corp. 183,440  7,438 
  ^ Whole Foods Market, Inc. 160,950  5,962 
  * Bare Escentuals, Inc. 158,015  4,458 

         17,858  

     
     Energy (8.7%)
  * Grant Prideco, Inc. 306,675  17,204 
    Smith International, Inc. 214,641  13,181 
  * Ultra Petroleum Corp. 175,540  9,706 
    XTO Energy, Inc. 146,738  8,002 
  * Superior Energy Services, Inc. 194,135  7,828 
  * Forest Oil Corp. 187,880  7,603 
  * Complete Production Services, Inc. 288,535  6,691 
    Range Resources Corp. 177,185  6,581 
  * National Oilwell Varco Inc. 53,150  6,384 
 *^ Cal Dive International, Inc. 293,375  4,465 
  * Southwestern Energy Co. 58,065  2,359 

         90,004  

     
     Financials (7.0%)
  * Affiliated Managers Group, Inc. 167,865  18,969 
  * IntercontinentalExchange Inc. 96,023  14,512 
    Lazard Ltd. Class A 225,945  8,367 
    MBIA, Inc. 133,390  7,483 
  * CB Richard Ellis Group, Inc. 210,345  7,345 
    Jones Lang LaSalle Inc. 44,180  4,850 
  * Philadelphia Consolidated Holding Corp. 122,510  4,428 
    BOK Financial Corp. 72,762  3,639 
  * E*TRADE Financial Corp. 179,725  3,328 

         72,921  

     
     Health Care (12.1%)
    IMS Health, Inc. 563,485  15,851 
    Pharmaceutical Product Development, Inc. 404,178  13,540 
  * IDEXX Laboratories Corp. 132,906  13,325 
  * Gen-Probe Inc. 161,300  10,163 
    C.R. Bard, Inc. 125,019  9,810 
 *^ Integra LifeSciences Holdings 180,063  8,940 
  * Covance, Inc. 123,335  8,704 
 *^ Healthways, Inc. 199,082  8,700 
  * DaVita, Inc. 163,350  8,648 
  * Henry Schein, Inc. 144,265  7,839 
  * Express Scripts Inc. 148,560  7,447 
    Allergan, Inc. 121,075  7,038 
  * ResMed Inc. 123,814  5,322 

         125,327  

     
     Industrials (17.5%)
    Precision Castparts Corp. 152,100  20,847 
    Fastenal Co. 397,751  17,927 
  * McDermott International, Inc. 175,255  14,536 
  * FTI Consulting, Inc. 329,370  13,514 
    MSC Industrial Direct Co., Inc. Class A 238,275  11,983 
    Harsco Corp. 188,010  9,901 
    Rockwell Collins, Inc. 143,012  9,825 
    Robert Half International, Inc. 277,715  9,440 
    Ametek, Inc. 241,415  9,420 
    Expeditors International of Washington, Inc 196,270  8,769 
    Rockwell Automation, Inc. 111,200  7,783 
    Roper Industries Inc. 127,030  7,619 
  * RSC Holdings Inc. 344,180  7,307 
    Oshkosh Truck Corp. 126,005  7,214 
  * BE Aerospace, Inc. 144,060  5,843 
  * Stericycle, Inc. 121,690  5,834 
  * IHS Inc. Class A 107,830  5,113 
    C.H. Robinson Worldwide Inc. 98,465  4,790 
  * Corrections Corp. of America 117,385  3,386 

         181,051  

     
     Information Technology (24.8%)
    Paychex, Inc. 606,047  25,078 
  * Cognizant Technology Solutions Corp. 232,625  18,838 
    Jabil Circuit, Inc. 626,925  14,125 
  * Activision, Inc. 725,024  12,405 
  * j2 Global Communications, Inc. 348,377  11,371 
  * Silicon Laboratories Inc. 297,885  10,375 
  * Iron Mountain, Inc. 371,810  9,961 
    Microchip Technology, Inc. 264,574  9,607 
  * VeriFone Holdings, Inc. 253,030  9,213 
  * Autodesk, Inc. 215,345  9,124 
  * Network Appliance, Inc. 315,745  8,948 
  * FLIR Systems, Inc. 189,058  8,252 
    FactSet Research Systems Inc. 122,310  8,071 
  * Global Cash Access, Inc. 570,910  7,799 
  * Intuit, Inc. 264,059  7,563 
    Maxim Integrated Products, Inc. 231,635  7,343 
  * VistaPrint Ltd. 185,720  6,342 
  * MICROS Systems, Inc. 116,975  6,232 
    Fidelity National Information Services, Inc 122,720  6,091 
    Amphenol Corp. 169,100  5,793 
    Global Payments Inc. 154,420  5,775 
 *^ Business Objects S.A. ADR 123,540  5,559 
  * MEMC Electronic Materials, Inc. 88,694  5,439 
    Intersil Corp. 182,230  5,330 
  * F5 Networks, Inc. 60,270  5,225 
    National Semiconductor Corp. 194,955  5,067 
  * FormFactor Inc. 120,255  4,617 
  * Comverse Technology, Inc. 219,785  4,232 
  * Akamai Technologies, Inc. 119,640  4,063 
  * aQuantive, Inc. 56,115  3,712 
  * Alliance Data Systems Corp. 37,735  2,898 
  * ValueClick, Inc. 123,830  2,647 

         257,095  

     
     Materials (2.0%)
  * RTI International Metals, Inc. 108,580  8,604 
    Ecolab, Inc. 166,050  6,992 
    Airgas, Inc. 116,143  5,424 

         21,020  

     
     Telecommunication Services (1.8%)
  * American Tower Corp. Class A 208,500  8,686 
  * Metropcs Communications Inc. 144,675  5,298 
 *^ Clearwire Corp. 157,085  4,482 

         18,466  

     
     Exchange-Traded Fund (0.6%)
  1 Vanguard Mid-Cap ETF 82,700  6,362 

     

    Total Common Stocks
    (Cost $862,024)    970,527 

     Temporary Cash Investments (8.3%)

     Money Market Fund (7.9%)
  2 Vanguard Market Liquidity Fund, 5.302% 82,722,730  82,723 
     
      Face Amount    
      ($000)   

     
     U.S. Agency Obligation (0.4%)
  3 Federal National Mortgage Assn.
  4 5.204%, 10/3/07 4,000  3,964 

    Total Temporary Cash Investments
    (Cost $86,674)    86,687  

     Total Investments (101.9%)
    (Cost $948,698)    1,057,214  

    Other Assets and Liabilities—Net (-1.9%)    (20,202)

    Net Assets (100%)    1,037,012 

     
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
1 Considered an affiliated company of the fund as the issuer is another member of The Vanguard Group.
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.
3 The issuer operates under a congressional charter; its securities are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer's line of credit) would require congressional action.
4 Securities with a value of $3,964,000 have been segregated as initial margin for open futures contracts.
ADR - American Depositary Receipt.

Investment Securities: 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 board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value. Temporary cash investments acquired over 60 days to maturity 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. Other temporary cash investments are valued at amortized cost, which approximates market value.

At July 31, 2007, the cost of investment securities for tax purposes was $948,698,000. Net unrealized appreciation of investment securities for tax purposes was $108,516,000, consisting of unrealized gains of $135,016,000 on securities that had risen in value since their purchase and $26,500,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund’s effective common stock and temporary cash investment positions represent 97.2% and 4.7%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At July 31, 2007, the aggregate settlement value of open futures contracts expiring in September 2007 and the related unrealized appreciation (depreciation) were:



($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

S&P Midcap 400 Index 44  18,951  (1,098)
E-mini S&P Midcap 400 Index 112  9,648  (558)
E-mini NASDAQ 100 184  7,160  (198)


Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.




Vanguard Selected Value Fund
Schedule of Investments
July 31, 2007
 
Shares Market
Value
($000)

    Common Stocks (86.1%)    

    Consumer Discretionary (16.2%)
   The Stanley Works 1,861,900  103,019 
   Idearc Inc. 2,966,700  102,974 
   Royal Caribbean Cruises, Ltd. 2,479,000  95,516 
   Advance Auto Parts, Inc. 2,584,800  89,873 
 * Hanesbrands Inc. 2,599,800  80,620 
   Sherwin-Williams Co. 1,096,100  76,387 
   Family Dollar Stores, Inc. 2,541,100  75,267 
   Dillard's Inc. 2,451,900  73,287 
   Genuine Parts Co. 1,170,800  55,707 
   Whirlpool Corp. 513,500  52,434 
   Service Corp. International 3,525,600  42,730 
 * Dana Corp. 2,976,400  1,979 

        849,793  

    
    Consumer Staples (5.2%)
   Carolina Group 1,519,800  115,186 
   Reynolds American Inc. 1,721,600  105,310 
   UST, Inc. 923,400  49,448 

        269,944  

    
    Energy (7.4%)
   Murphy Oil Corp. 2,069,800  128,410 
   El Paso Corp. 7,180,100  119,549 
   Venture Production PLC 3,500,000  54,850 
   Marathon Oil Corp. 823,200  45,441 
   Overseas Shipholding Group Inc. 472,900  36,692 

        384,942  

    
    Financials (18.3%)
   Annaly Mortgage Management Inc. REIT 7,946,900  114,833 
   Willis Group Holdings Ltd. 2,662,600  108,075 
   People's United Financial Inc. 6,231,197  100,447 
 1 First Industrial Realty Trust REIT 2,433,800  94,212 
   Axis Capital Holdings Ltd. 2,481,900  91,458 
   Unum Group 3,537,900  85,971 
 1 The South Financial Group, Inc. 3,811,700  82,180 
   CNA Financial Corp. 1,687,200  70,053 
   American Financial Realty Trust REIT 5,893,800  51,689 
   New York Community Bancorp, Inc. 3,004,700  48,766 
   Radian Group, Inc. 1,304,000  43,958 
   XL Capital Ltd. Class A 329,800  25,678 
   American National Insurance Co. 119,511  17,871 
   American Financial Group, Inc. 403,800  11,343 
   IPC Holdings Ltd. 358,700  8,899 
   Hudson City Bancorp, Inc. 330,000  4,033 

        959,466  

    
    Health Care (8.7%)
 * Coventry Health Care Inc. 2,185,200  121,956 
   Hillenbrand Industries, Inc. 1,703,375  107,381 
   Omnicare, Inc. 2,795,700  92,705 
   Quest Diagnostics, Inc. 1,433,100  79,494 
   Valeant Pharmaceuticals International 3,410,400  53,509 

        455,045  

    
    Industrials (11.2%)
   L-3 Communications Holdings, Inc. 1,351,400  131,843 
   Goodrich Corp. 1,772,400  111,502 
 * Air France KLM ADR 2,433,200  109,737 
   Ryder System, Inc. 1,659,900  90,249 
   ITT Industries, Inc. 1,148,900  72,243 
 ^ Briggs & Stratton Corp. 1,935,000  54,877 
   Pitney Bowes, Inc. 380,900  17,560 

        588,011  

    
    Information Technology (7.8%)
*1 Tech Data Corp. 3,129,709  117,270 
   MasterCard, Inc. Class A 687,800  110,598 
 * Solectron Corp. 25,000,000  94,000 
 * Semiconductor Manufacturing International Corp. ADR 4,626,200  29,746 
*^ Qimonda AG ADR 1,594,800  23,603 
 * Micron Technology, Inc. 1,841,300  21,856 
 * Spansion Inc. Class A 1,292,500  13,713 

        410,786  

    
    Materials (1.5%)
 * Domtar Corp. 8,333,500  79,252  

    
    Utilities (9.8%)
   Pinnacle West Capital Corp. 4,826,500  180,897 
   Xcel Energy, Inc. 4,798,100  97,402 
   MDU Resources Group, Inc. 3,409,800  92,951 
   CenterPoint Energy Inc. 4,303,300  70,918 
 * Reliant Energy, Inc. 2,646,200  67,955 

        510,123  

    

   Total Common Stocks
   (Cost $3,657,785)    4,507,362  

    Temporary Cash Investments (14.4%)

    Money Market Fund (14.2%)
 2 Vanguard Market Liquidity Fund, 5.302% 743,906,260  743,906 
    
     Face    
     Amount    
     ($000)   

    
    U.S. Agency Obligation (0.2%)
 3 Federal National Mortgage Assn.
 4 5.208%, 10/24/2007 10,000  9,882 

   Total Temporary Cash Investments
   (Cost $753,788)    753,788  

    Total Investments (100.5%)
   (Cost $4,411,573)    5,261,150  

   Other Assets and Liabilities—Net (-0.5%)    (23,750)

   Net Assets (100%)    5,237,400  

    

Investment Securities: 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 acquired over 60 days to maturity 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. Other temporary cash investments are valued at amortized cost, which approximates market value.

At July 31, 2007, the cost of investment securities for tax purposes was $4,411,573,000. Net unrealized appreciation of investment securities for tax purposes was $849,577,000, consisting of unrealized gains of $999,343,000 on securities that had risen in value since their purchase and $149,766,000 in unrealized losses on securities that had fallen in value since their purchase.

Futures Contracts: The fund invests a portion of its cash reserves in equity markets through the use of index futures contracts. After giving effect to futures investments, the fund's effective common stock and temporary cash investment positions represent 89.6% and 10.9%, respectively, of net assets. Futures contracts are valued at their quoted daily settlement prices.

At July 31, 2007, the aggregate settlement value of open futures contracts expiring in September 2007 and the related unrealized appreciation (depreciation) were:



($000)

Futures Contracts Number
of Long
Contracts
Aggregate
Settlement
Value
Unrealized
Appreciation
(Depreciation)

S&P 500 Index 502  183,468  (9,145)


Unrealized appreciation (depreciation) on open futures contracts is required to be treated as realized gain (loss) for tax purposes.

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).

Affiliated Companies: Certain of the fund's investments are in companies that are considered to be affiliated companies of the fund because the fund owns more than 5% of the outstanding voting securities of the company. Transactions during the period in securities of these companies were as follows:



Current Period Transactions

  Oct. 31,2006
Market
Value
($000)
Purchases
at Cost
($000)
Proceeds from
Securities
Sold
($000)
Dividend
Income
($000)
Jul. 31, 2007
Market
Value
($000)

First Industrial Realty Trust REIT n/a1  52,266  1,463  94,212 
Tech Data Corp. 144,435  15,541  39,565  117,270 
The South Financial Group, Inc. n/a1  15,464  1,955  82,180 
Winnebago Industries, Inc. 61,497  2,362  59,869  429 


  205,932        3,847  293,662 


 
1 At October 31, 2006, the issuer was not an affiliated company of the fund.




Vanguard High Yield Dividend Index Fund
Schedule of Investments
July 31, 2007
 
Shares Market
Value
($000)

Common Stocks (99.9%)    

Consumer Discretionary (6.3%)
Home Depot, Inc. 42,232  1,570 
McDonald's Corp. 25,618  1,226 
CBS Corp. 14,388  456 
Carnival Corp. 10,039  445 
Clear Channel Communications, Inc. 10,675  394 
General Motors Corp. 12,149  394 
Harrah's Entertainment, Inc. 3,979  337 
Ford Motor Co. 38,660  329 
Fortune Brands, Inc. 3,294  268 
Gannett Co., Inc. 5,056  252 
Limited Brands, Inc. 8,496  205 
VF Corp. 2,360  202 
Mattel, Inc. 8,394  192 
Whirlpool Corp. 1,705  174 
Genuine Parts Co. 3,616  172 
Newell Rubbermaid, Inc. 5,933  157 
Eastman Kodak Co. 6,196  156 
H & R Block, Inc. 6,911  138 
Black & Decker Corp. 1,420  123 
D. R. Horton, Inc. 6,778  111 
The Stanley Works 1,802  100 
Autoliv, Inc. 1,753  98 
Hasbro, Inc. 3,360  94 
Leggett & Platt, Inc. 3,940  82 
New York Times Co. Class A 3,168  72 
Tribune Co. 2,523  71 
Snap-On Inc. 1,300  68 
KB Home 1,980  63 
Gentex Corp. 2,993  59 
Dow Jones & Co., Inc. 1,004  58 
Regal Entertainment Group Class A 2,675  57 
* Lear Corp. 1,615  54 
Polaris Industries, Inc. 798  39 
Tupperware Brands Corp. 1,384  36 
Belo Corp. Class A 1,892  34 
Cooper Tire & Rubber Co. 1,338  31 
ArvinMeritor, Inc. 1,462  29 
Callaway Golf Co. 1,591  26 
Ethan Allen Interiors, Inc. 749  26 
IHOP Corp. 362  24 
American Axle & Manufacturing Holdings, Inc. 932  23 
Citadel Broadcasting Corp. 4,118  21 
Modine Manufacturing Co. 791  20 
Warner Music Group Corp. 1,609  20 
The Pep Boys (Manny, Moe & Jack) 1,125  19 
Kellwood Co. 646  17 
Asbury Automotive Group, Inc. 692  15 
Entercom Communications Corp. 658  15 
Triarc Cos., Inc. Class B 994  14 
Blyth, Inc. 614  14 
Media General, Inc. Class A 476  13 
Lee Enterprises, Inc. 758  13 
Cato Corp. Class A 605  13 
Pier 1 Imports Inc. 1,917  12 
Furniture Brands International Inc. 1,127  12 
Talbots Inc. 484  11 
* Pre-Paid Legal Services, Inc. 206  11 
Superior Industries International, Inc. 584  11 
La-Z-Boy Inc. 1,059  11 
Journal Communications, Inc. 987  10 
Monaco Coach Corp. 675 
Sauer-Danfoss, Inc. 324 
Tuesday Morning Corp. 696 
Lithia Motors, Inc. 330 
Sinclair Broadcast Group, Inc. 455 
Skyline Corp. 175 
Kenneth Cole Productions, Inc. 230 
Sun-Times Media Group, Inc. 1,013 
Haverty Furniture Cos., Inc. 235 
Deb Shops, Inc. 90 
Carmike Cinemas, Inc. 123 
Kimball International, Inc. Class B 22 
Nautilus Inc. 25 

     8,777  

 
Consumer Staples (12.6%)
The Procter & Gamble Co. 68,082  4,212 
Altria Group, Inc. 44,889  2,984 
The Coca-Cola Co. 49,646  2,587 
Kraft Foods Inc. 34,397  1,127 
Anheuser-Busch Cos., Inc. 16,359  798 
Colgate-Palmolive Co. 11,043  729 
Kimberly-Clark Corp. 9,858  663 
Sysco Corp. 13,332  425 
General Mills, Inc. 7,369  410 
Avon Products, Inc. 9,396  338 
Kellogg Co. 6,394  331 
H.J. Heinz Co. 6,964  305 
Reynolds American Inc. 4,768  292 
ConAgra Foods, Inc. 10,795  274 
Sara Lee Corp. 15,707  249 
Campbell Soup Co. 6,332  233 
Wm. Wrigley Jr. Co. 3,435  198 
The Clorox Co. 3,235  196 
SuperValu Inc. 4,473  186 
UST, Inc. 3,464  185 
Carolina Group 2,317  176 
The Hershey Co. 3,584  165 
Molson Coors Brewing Co. Class B 1,519  135 
McCormick & Co., Inc. 2,563  88 
J.M. Smucker Co. 1,262  70 
PepsiAmericas, Inc. 2,007  56 
Alberto-Culver Co. 2,044  48 
Universal Corp. (VA) 535  30 
Lancaster Colony Corp. 528  20 
Lance, Inc. 635  16 
* Chiquita Brands International, Inc. 856  15 
Nu Skin Enterprises, Inc. 925  14 
Vector Group Ltd. 660  14 
Reddy Ice Holdings, Inc. 413  12 
WD-40 Co. 370  12 
Nash-Finch Co. 254  10 
Weis Markets, Inc. 208 
The Topps Co., Inc. 738 
Alico, Inc. 114 
Farmer Brothers, Inc. 96 

     17,626  

 
Energy (12.6%)
ExxonMobil Corp. 120,792  10,283 
Chevron Corp. 46,269  3,945 
ConocoPhillips Co. 35,333  2,856 
Spectra Energy Corp. 13,394  341 
Teekay Shipping Corp. 1,210  68 
Ship Finance International Ltd. 1,185  33 
Nordic American Tanker Shipping Ltd. 569  23 
Crosstex Energy, Inc. 764  22 
Tsakos Energy Navigation Ltd. 298  22 
Knightsbridge Tankers Ltd. 458  12 
General Maritime Corp. 449  12 

     17,617  

 
Financials (25.0%)
Citigroup, Inc. 105,361  4,907 
Bank of America Corp. 95,594  4,533 
JPMorgan Chase & Co. 73,251  3,224 
Wells Fargo & Co. 71,714  2,422 
Wachovia Corp. 41,007  1,936 
Fannie Mae 20,780  1,243 
U.S. Bancorp 37,353  1,119 
Bank of New York Mellon Corp. 24,072  1,024 
Freddie Mac 14,229  815 
The Travelers Cos., Inc. 14,270  725 
Washington Mutual, Inc. 18,956  711 
The Allstate Corp. 13,041  693 
The Hartford Financial Services Group Inc. 6,782  623 
SunTrust Banks, Inc. 7,582  594 
PNC Financial Services Group 7,460  497 
Regions Financial Corp. 15,087  454 
Fifth Third Bancorp 11,903  439 
BB&T Corp. 11,648  436 
SLM Corp. 8,848  435 
The Chubb Corp. 8,625  435 
National City Corp. 12,433  365 
Lincoln National Corp. 5,850  353 
Marsh & McLennan Cos., Inc. 11,740  323 
XL Capital Ltd. Class A 3,759  293 
KeyCorp 8,425  292 
M & T Bank Corp. 2,343  249 
Marshall & Ilsley Corp. 5,608  231 
Synovus Financial Corp. 6,949  194 
Compass Bancshares Inc. 2,803  194 
Comerica, Inc. 3,324  175 
Zions Bancorp 2,312  172 
MBIA, Inc. 2,798  157 
Huntington Bancshares Inc. 7,849  151 
American Capital Strategies, Ltd. 3,870  147 
Cincinnati Financial Corp. 3,713  146 
Hudson City Bancorp, Inc. 11,719  143 
Axis Capital Holdings Ltd. 3,300  122 
New York Community Bancorp, Inc. 6,797  110 
Nuveen Investments, Inc. Class A 1,726  106 
People's United Financial Inc. 6,373  103 
Fidelity National Financial, Inc. Class A 4,746  99 
Willis Group Holdings Ltd. 2,328  94 
^ Allied Capital Corp. 3,308  94 
Old Republic International Corp. 5,045  93 
PartnerRe Ltd. 1,239  88 
First Horizon National Corp. 2,760  88 
Associated Banc-Corp. 2,728  79 
Popular, Inc. 5,871  77 
City National Corp. 1,083  77 
Colonial BancGroup, Inc. 3,349  73 
UnionBanCal Corp. 1,207  67 
TCF Financial Corp. 2,695  66 
Cullen/Frost Bankers, Inc. 1,323  66 
Protective Life Corp. 1,520  65 
Federated Investors, Inc. 1,737  63 
Arthur J. Gallagher & Co. 2,213  61 
Wilmington Trust Corp. 1,462  57 
Valley National Bancorp 2,574  54 
Bank of Hawaii Corp. 1,110  53 
Endurance Specialty Holdings Ltd. 1,389  52 
Webster Financial Corp. 1,166  51 
Fulton Financial Corp. 3,635  48 
Astoria Financial Corp. 2,040  48 
Aspen Insurance Holdings Ltd. 1,857  45 
Apollo Investment Corp. 2,112  45 
Unitrin, Inc. 1,051  45 
Washington Federal Inc. 1,952  44 
Waddell & Reed Financial, Inc. 1,742  44 
BancorpSouth, Inc. 1,799  42 
MAF Bancorp, Inc. 685  36 
First Midwest Bancorp, Inc. 1,089  36 
Whitney Holdings Corp. 1,404  35 
IPC Holdings Ltd. 1,378  34 
IndyMac Bancorp, Inc. 1,526  34 
Chittenden Corp. 1,003  34 
The South Financial Group, Inc. 1,540  33 
Greater Bay Bancorp 1,204  32 
Mercury General Corp. 623  32 
Trustmark Corp. 1,229  31 
FirstMerit Corp. 1,657  30 
First Community Bancorp 599  30 
First Niagara Financial Group, Inc. 2,284  29 
Commerce Group, Inc. 1,020  29 
Westamerica Bancorporation 699  29 
International Bancshares Corp. 1,218  27 
United Bankshares, Inc. 941  26 
Citizens Banking Corp. 1,578  26 
Alabama National BanCorporation 474  25 
American National Insurance Co. 164  25 
Advance America, Cash Advance Centers, Inc. 1,652  24 
Erie Indemnity Co. Class A 469  24 
MB Financial, Inc. 758  24 
Park National Corp. 304  24 
Hancock Holding Co. 675  24 
Umpqua Holdings Corp. 1,228  23 
Zenith National Insurance Corp. 565  23 
Harleysville Group, Inc. 755  21 
Central Pacific Financial Co. 730  21 
Pacific Capital Bancorp 982  21 
Glacier Bancorp, Inc. 1,067  20 
Frontier Financial Corp. 932  20 
F.N.B. Corp. 1,326  20 
Old National Bancorp 1,381  20 
Provident Financial Services Inc. 1,384  20 
S & T Bancorp, Inc. 622  19 
MCG Capital Corp. 1,299  19 
Student Loan Corp. 99  18 
First Financial Bankshares, Inc. 505  18 
CVB Financial Corp. 1,863  18 
Provident Bankshares Corp. 628  18 
Susquehanna Bancshares, Inc. 1,030  18 
Corus Bankshares Inc. 1,038  17 
Municipal Mortgage & Equity, L.L.C. 734  16 
First BanCorp Puerto Rico 1,744  16 
Horace Mann Educators Corp. 897  16 
Advanta Corp. Class B 595  15 
Capitol Federal Financial 463  15 
National Penn Bancshares Inc. 989  15 
First Commonwealth Financial Corp. 1,532  15 
Alfa Corp. 762  14 
First Charter Corp. 730  13 
TrustCo Bank NY 1,397  13 
Community Banks, Inc. 479  12 
Brookline Bancorp, Inc. 1,149  12 
Amcore Financial, Inc. 479  12 
City Holding Co. 347  11 
NBT Bancorp, Inc. 628  11 
IBERIABANK Corp. 268  11 
Safety Insurance Group, Inc. 337  11 
Community Bank System, Inc. 597  11 
Integra Bank Corp. 563  10 
Chemical Financial Corp. 465  10 
Anchor Bancorp Wisconsin Inc. 449  10 
W.P. Stewart & Co., Ltd. 917  10 
Sterling Financial Corp. (PA) 585  10 
Capital City Bank Group, Inc. 322  10 
Dime Community Bancshares 839 
Harleysville National Corp. 636 
Westbanco Inc. 422 
Community Trust Bancorp Inc. 322 
Independent Bank Corp. (MA) 338 
Sandy Spring Bancorp, Inc. 333 
First Merchants Corp. 426 
Presidential Life Corp. 512 
First Financial Bancorp 679 
First Indiana Corp. 258 
Farmers Capital Bank Corp. 268 
Flagstar Bancorp, Inc. 738 
First Source Corp. 385 
Partners Trust Financial Group, Inc. 633 
Northwest Bancorp, Inc. 288 
U.S.B. Holding Co., Inc. 311 
Cadence Financial Corp. 411 
Arrow Financial Corp. 353 
First Community Bancshares, Inc. 267 
S.Y. Bancorp, Inc. 276 
First Financial Holdings, Inc. 231 
Simmons First National Corp. 268 
KNBT Bancorp Inc. 470 
Washington Trust Bancorp, Inc. 256 
Flushing Financial Corp. 403 
Bank Mutual Corp. 569 
First Busey Corp. 307 
* Scottish Re Group Ltd. 1,411 
Renasant Corp. 300 
Seacoast Banking Corp. of Florida 358 
Omega Financial Corp. 239 
Suffolk Bancorp 196 
Sterling Bancorp 358 
Lakeland Bancorp, Inc. 458 
Midwest Banc Holdings, Inc. 355 
Camden National Corp. 138 
Great Southern Bancorp, Inc. 196 
Tompkins Trustco, Inc. 155 
Baldwin & Lyons, Inc. Class B 194 
Peoples Bancorp, Inc. 218 
First Bancorp (NC) 270 
First Financial Corp. (IN) 206 
Oriental Financial Group Inc. 511 
Bank of Granite Corp. 335 
United Community Financial Corp. 594 
Advanta Corp. Class A 165 
Peapack Gladstone Financial Corp. 107 
Kansas City Life Insurance Co. 48 
Crawford & Co. Class B 315 
OceanFirst Financial Corp. 112 
Santander BanCorp 113 
Irwin Financial Corp. 112 
Crawford & Co. 235 
Fremont General Corp. 62 
PFF Bancorp, Inc. 15 
Capitol Bancorp Ltd. 10 
Independent Bank Corp. (MI) 18 
W Holding Co., Inc. 98 

     34,868  

 
Health Care (11.1%)
Johnson & Johnson 62,075  3,756 
Pfizer Inc. 151,961  3,573 
Merck & Co., Inc. 46,662  2,317 
Abbott Laboratories 33,088  1,677 
Wyeth 28,758  1,395 
Eli Lilly & Co. 24,220  1,310 
Bristol-Myers Squibb Co. 42,169  1,198 
Hillenbrand Industries, Inc. 1,364  86 
Brookdale Senior Living Inc. 1,072  43 
Owens & Minor, Inc. Holding Co. 840  32 
Arrow International, Inc. 539  24 
LCA-Vision Inc. 418  15 
Landauer, Inc. 205  10 
Computer Programs and Systems, Inc. 64 

     15,438  

 
Industrials (12.6%)
General Electric Co. 221,359  8,580 
3M Co. 15,444  1,373 
United Parcel Service, Inc. 14,473  1,096 
Caterpillar, Inc. 13,740  1,083 
Honeywell International Inc. 16,720  962 
Emerson Electric Co. 17,158  808 
Northrop Grumman Corp. 7,417  564 
Raytheon Co. 9,621  533 
Waste Management, Inc. 11,141  424 
Eaton Corp. 3,140  305 
Pitney Bowes, Inc. 4,736  218 
Masco Corp. 8,022  218 
R.R. Donnelley & Sons Co. 4,687  198 
Goodrich Corp. 2,646  166 
Avery Dennison Corp. 2,288  140 
The Timken Co. 2,095  70 
Hubbell Inc. Class B 1,075  62 
Laidlaw International Inc. 1,778  60 
* Avis Budget Group, Inc. 2,263  58 
GATX Corp. 1,081  49 
Alexander & Baldwin, Inc. 895  49 
Baldor Electric Co. 951  44 
Deluxe Corp. 1,122  42 
Seaspan Corp 978  35 
Briggs & Stratton Corp. 1,163  33 
Dryships Inc. 552  32 
UAP Holding Corp. 1,069  29 
Diana Shipping Inc. 955  27 
Mine Safety Appliances Co. 562  26 
Barnes Group, Inc. 819  26 
Watsco, Inc. 503  25 
Eagle Bulk Shipping Inc. 941  25 
Genco Shipping and Trading Ltd. 402  23 
Steelcase Inc. 1,281  22 
Knoll, Inc. 1,068  21 
Quintana Maritime Ltd. 1,105  20 
Healthcare Services Group, Inc. 699  19 
ABM Industries Inc. 760  19 
Kaman Corp. Class A 528  18 
McGrath RentCorp 575  17 
A.O. Smith Corp. 346  17 
Pacer International, Inc. 521  11 
Ennis, Inc. 518  10 
The Standard Register Co. 602 
Diamond Management and Technology Consultants,Inc. 654 
Standex International Corp. 238 
Xerium Technologies Inc. 224 

     17,579  

 
Information Technology (0.8%)
Paychex, Inc. 8,188  339 
Analog Devices, Inc. 7,165  254 
Maxim Integrated Products, Inc. 6,912  219 
Microchip Technology, Inc. 4,611  167 
Diebold, Inc. 1,371  69 
United Online, Inc. 989  14 
Methode Electronics, Inc. Class A 709  11 
Nam Tai Electronics, Inc. 623 
* Verigy Ltd. 47 

     1,082  

 
Materials (4.9%)
E.I. du Pont de Nemours & Co. 19,755  923 
Dow Chemical Co. 20,470  890 
Freeport-McMoRan Copper & Gold, Inc. Class B 8,212  772 
Alcoa Inc. 18,579  710 
Air Products & Chemicals, Inc. 4,676  404 
International Paper Co. 9,302  345 
Weyerhaeuser Co. 4,613  329 
Nucor Corp. 6,450  324 
PPG Industries, Inc. 3,572  272 
Lyondell Chemical Co. 5,389  242 
Southern Peru Copper Corp. (U.S. Shares) 1,890  213 
Rohm & Haas Co. 3,512  198 
Temple-Inland Inc. 2,261  131 
MeadWestvaco Corp. 3,916  127 
Eastman Chemical Co. 1,824  126 
Lubrizol Corp. 1,513  95 
Sonoco Products Co. 2,153  79 
Bemis Co., Inc. 2,304  68 
RPM International, Inc. 2,660  63 
Cabot Corp. 1,415  57 
Chemtura Corp. 5,409  56 
Packaging Corp. of America 1,635  42 
Louisiana-Pacific Corp. 2,165  40 
Worthington Industries, Inc. 1,770  37 
Olin Corp. 1,530  32 
Sensient Technologies Corp. 974  25 
Bowater Inc. 1,140  22 
Ferro Corp. 902  20 
Arch Chemicals, Inc. 549  19 
Spartech Corp. 782  17 
Compass Minerals International, Inc. 463  15 
AMCOL International Corp. 473  14 
A. Schulman Inc. 557  13 
Glatfelter 891  12 
Wausau Paper Corp. 979  11 
Greif Inc. Class B Shares 136 
Schweitzer-Mauduit International, Inc. 295 
Chesapeake Corp. of Virginia 410 
Stepan Co. 64 
NL Industries, Inc. 128 

     6,765  

 
Telecommunication Services (6.0%)
AT&T Inc. 132,205  5,177 
Verizon Communications Inc. 62,457  2,662 
Embarq Corp. 3,188  197 
Windstream Corp. 10,186  140 
Citizens Communications Co. 7,438  107 
Golden Telecom, Inc. 334  22 
CT Communications, Inc. 456  14 
USA Mobility, Inc. 521  12 
Alaska Communications Systems Holdings, Inc. 853  12 
Iowa Telecommunications Services Inc. 544  11 
FairPoint Communications, Inc. 703  11 
North Pittsburgh Systems, Inc. 382 
Surewest Communications 279 

     8,382  

 
Utilities (8.0%)
Exelon Corp. 14,335  1,006 
TXU Corp. 9,930  648 
Dominion Resources, Inc. 7,486  630 
Southern Co. 16,046  540 
FPL Group, Inc. 8,654  500 
Public Service Enterprise Group, Inc. 5,360  462 
Duke Energy Corp. 26,850  457 
Entergy Corp. 4,262  426 
FirstEnergy Corp. 6,570  399 
PPL Corp. 8,322  392 
American Electric Power Co., Inc. 8,485  369 
Edison International 6,959  368 
Constellation Energy Group, Inc. 3,856  323 
PG&E Corp. 7,520  322 
Sempra Energy 5,670  299 
Consolidated Edison Inc. 5,845  255 
Progress Energy, Inc. 5,564  243 
Ameren Corp. 4,396  211 
Xcel Energy, Inc. 8,717  177 
DTE Energy Co. 3,803  176 
KeySpan Corp. 3,742  155 
Equitable Resources, Inc. 2,641  124 
ONEOK, Inc. 2,385  121 
Pepco Holdings, Inc. 4,188  113 
NiSource, Inc. 5,929  113 
CenterPoint Energy Inc. 6,834  113 
Wisconsin Energy Corp. 2,545  109 
MDU Resources Group, Inc. 3,961  108 
SCANA Corp. 2,564  96 
Alliant Energy Corp. 2,495  92 
Northeast Utilities 3,363  92 
Energy East Corp. 3,482  88 
National Fuel Gas Co. 1,848  80 
Pinnacle West Capital Corp. 2,089  78 
Integrys Energy Group, Inc. 1,580  78 
TECO Energy, Inc. 4,663  75 
NSTAR 2,371  75 
OGE Energy Corp. 2,005  66 
AGL Resources Inc. 1,734  65 
Aqua America, Inc. 2,906  64 
UGI Corp. Holding Co. 2,350  61 
Puget Energy, Inc. 2,483  57 
Atmos Energy Corp. 1,845  52 
Great Plains Energy, Inc. 1,786  50 
DPL Inc. 1,757  47 
PNM Resources Inc. 1,731  45 
Westar Energy, Inc. 1,845  42 
Vectren Corp. 1,589  40 
Nicor Inc. 992  39 
Hawaiian Electric Industries Inc. 1,703  39 
ITC Holdings Corp. 916  39 
Piedmont Natural Gas, Inc. 1,618  38 
Portland General Electric Co. 1,297  35 
WGL Holdings Inc. 1,068  32 
ALLETE, Inc. 699  31 
New Jersey Resources Corp. 650  31 
Cleco Corp. 1,241  29 
Black Hills Corp. 774  29 
Southwest Gas Corp. 917  29 
IDACORP, Inc. 918  28 
Northwest Natural Gas Co. 635  26 
UniSource Energy Corp. 715  22 
South Jersey Industries, Inc. 645  21 
Avista Corp. 1,029  20 
NorthWestern Corp. 729  20 
Otter Tail Corp. 618  18 
UIL Holdings Corp. 570  17 
California Water Service Group 430  16 
CH Energy Group, Inc. 297  13 
Empire District Electric Co. 584  13 
American States Water Co. 343  13 
The Laclede Group, Inc. 415  12 
MGE Energy, Inc. 397  12 
Central Vermont Public Service Corp. 211 

     11,131  

 

Total Common Stocks
(Cost $140,171)    139,265  

Temporary Cash Investment (0.4%)
1 Vanguard Market Liquidity Fund, 5.302%
(Cost $628) 627,767  628 

Total Investments (100.3%)

(Cost $140,799)    139,893  

Other Assets and Liabilities-Net (-0.3%)    (444)

Net Assets (100%)    139,449  

 
* Non-income-producing security.
^ Part of security position is on loan to broker-dealers.
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.

Investment Securities: 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 board of trustees to represent fair value. Investments in Vanguard Market Liquidity Fund are valued at that fund’s net asset value.

At July 31, 2007, the cost of investment securities for tax purposes was $140,799,000. Net unrealized depreciation of investment securities for tax purposes was $906,000, consisting of unrealized gains of $5,393,000 on securities that had risen in value since their purchase and $6,299,000 in unrealized losses on securities that had fallen in value since their purchase.




Item 2: 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. During the last fiscal quarter, there was no significant change in the Registrant’s internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3:

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 WHITEHALL FUNDS

BY: /s/ JOHN J. BRENNAN
(HEIDI STAM)
JOHN J. BRENNAN*
CHIEF EXECUTIVE OFFICER

Date: September 11, 2007

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 WHITEHALL FUNDS

BY: /s/ JOHN J. BRENNAN
(HEIDI STAM)
JOHN J. BRENNAN*
CHIEF EXECUTIVE OFFICER

Date: September 11, 2007

VANGUARD WHITEHALL FUNDS

BY: /s/ THOMAS J. HIGGINS
(HEIDI STAM)
THOMAS J. HIGGINS*
TREASURER

Date: September 11, 2007

*By Power of Attorney. See File Number 333-145624, filed on August 22, 2007. Incorporated by Reference.

Grafico Azioni Vanguard High Dividend Y... (AMEX:VYM)
Storico
Da Nov 2024 a Dic 2024 Clicca qui per i Grafici di Vanguard High Dividend Y...
Grafico Azioni Vanguard High Dividend Y... (AMEX:VYM)
Storico
Da Dic 2023 a Dic 2024 Clicca qui per i Grafici di Vanguard High Dividend Y...