0000932471-08-001095.txt : 20110304
0000932471-08-001095.hdr.sgml : 20110304
20080422130910
ACCESSION NUMBER: 0000932471-08-001095
CONFORMED SUBMISSION TYPE: CORRESP
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20080422
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: VANGUARD EXPLORER FUND
CENTRAL INDEX KEY: 0000034066
IRS NUMBER: 510106626
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1031
FILING VALUES:
FORM TYPE: CORRESP
BUSINESS ADDRESS:
STREET 1: PO BOX 2600
STREET 2: V26
CITY: VALLEY FORGE
STATE: PA
ZIP: 19482
BUSINESS PHONE: 6106696295
MAIL ADDRESS:
STREET 1: P.O. BOX 2600
STREET 2: V26
CITY: VALLEY FORGE
STATE: PA
ZIP: 19482
FORMER COMPANY:
FORMER CONFORMED NAME: VANGUARD EXPLORER FUND INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: EXPLORER FUND INC
DATE OF NAME CHANGE: 19900305
CORRESP
1
filename1.txt
SHIP LOGO VANGUARD(R)
P.O. Box 2600 Valley Forge,
PA 19482-2600
610-503-2398
Barry_A_Mendelson@vanguard.com
April 22, 2008
Christian Sandoe, Esq.
U.S. Securities & Exchange Commission via electronic filing
100 F Street, N.E.
Washington, DC 20549
RE: VANGUARD EXPLORER FUND
FILE NO. 811-1530
Dear Mr. Sandoe,
The following responds to your comments of April 14, 2008 on the
post-effective amendment of the registration statement of the above-referenced
registrant. You commented on Post-Effective Amendment No. 81 that was filed on
February 26, 2008.
COMMENT: On page 37 of the prospectus, under the heading "Low Balance
Accounts," you state that the fund reserves the right to liquidate any account
whose balance falls below the minimum initial investment amount. Please clarify
that this is not the case for Admiral shareholders.
RESPONSE: The sentence will be rewritten to add clarifying language, as
follows (new language is capitalized): "The Fund reserves the right, without
prior notice, to liquidate any investment-only retirement-plan fund account or
any nonretirement fund account whose balance falls below the INVESTOR SHARES
minimum initial investment for any reason, including market fluctuation." We
will make conforming changes to prospectuses of other Vanguard funds over the
summer.
* * * * * * * *
COMMENT: TANDY REQUIREMENTS
------------------------------------
As required by the SEC, the Funds acknowledge that:
o The Fund is responsible for the adequacy and accuracy of the
disclosure in the filing.
o Staff comments or changes in response to staff comments in the
filings reviewed by the staff do not foreclose the Commission
from taking any action with respect to the filing.
o The Fund may not assert staff comments as a defense in any
proceeding initiated by the Commission or any person under the
federal securities laws of the United States.
Sincerely,
Barry A. Mendelson
Principal
The Vanguard Group, Inc.
Enclosures
cc: Christian Sandoe, Esq.
U.S. Securities and Exchange Commission