[SHIP LOGO VANGUARD/(R)/]





VANGUARD/(R)/ WINDSOR(TM) FUND


SUPPLEMENT TO THE PROSPECTUS DATED FEBRUARY 27, 2008

Effective immediately, James N. Mordy has assumed the role of Portfolio Manager
for the portion of Vanguard Windsor Fund managed by Wellington Management
Company, LLP. The Fund's investment objective, strategies, and policies remain
unchanged.

Mr. Mordy, Senior Vice President, Partner, and Equity Portfolio Manager of
Wellington Management, has worked on the Windsor Fund investment team for
Wellington Management since 1985 and has managed investment portfolios
for Wellington Management since 1997. He holds a B.A. from Stanford University
and an M.B.A. from the Wharton School of the University of Pennsylvania.










(C) 2008 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.                        PS22 062008






                                                       [SHIP LOGO VANGUARD/(R)/]






VANGUARD/(R)/ WINDSOR(TM) FUND



SUPPLEMENT TO THE STATEMENT OF ADDITIONAL INFORMATION DATED FEBRUARY 27, 2008

Effective immediately, James N. Mordy has assumed the role of Portfolio Manager
for the portion of Vanguard Windsor Fund managed by Wellington Management
Company, LLP. The Fund's investment objective, strategies, and policies remain
unchanged.

Mr. Mordy, Senior Vice President, Partner, and Equity Portfolio Manager of
Wellington Management, has worked on the Windsor Fund investment team for
for Wellington Management since 1985 and has managed investment portfolios
Wellington Management since 1997. He holds a B.A. from Stanford University and
an M.B.A. from the Wharton School of the University of Pennsylvania.











(C) 2008 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.                    PSAI022 062008




























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