0001752724-23-001947.txt : 20230113
0001752724-23-001947.hdr.sgml : 20230113
20230113155054
ACCESSION NUMBER: 0001752724-23-001947
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20221031
FILED AS OF DATE: 20230113
DATE AS OF CHANGE: 20230113
EFFECTIVENESS DATE: 20230113
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: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-01530
FILM NUMBER: 23528620
BUSINESS ADDRESS:
STREET 1: PO BOX 2600
STREET 2: V26
CITY: VALLEY FORGE
STATE: PA
ZIP: 19482
BUSINESS PHONE: 6106691000
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
0000034066
S000002578
VANGUARD EXPLORER FUND
C000007081
Investor Shares
VEXPX
C000007082
Admiral Shares
VEXRX
N-CEN
1
primary_doc.xml
X0404
N-CEN
LIVE
0000034066
XXXXXXXX
811-01530
true
false
false
N-1A
true
VANGUARD EXPLORER FUND
811-01530
0000034066
549300ZK0UWM1MJURL43
100 VANGUARD BOULEVARD
MALVERN
19355
US-PA
US
6106691000
State Street Bank and Trust
One Lincoln Street
Boston
20111
617-662-3839
The accounts, books, and other documents required to be maintained by Registrant pursuant to section 31(a) of the Investment Company Act of 1940 and the Rules thereunder.
N
N
N-1A
1
Y
Mortimer J. Buckley
002167630
Y
Sarah Bloom Raskin
N/A
N
F. Joseph Loughrey
N/A
N
David Thomas
N/A
N
Peter F. Volanakis
N/A
N
Deanna Mulligan
N/A
N
Andre F. Perold
N/A
N
Emerson U. Fullwood
N/A
N
Scott C. Malpass
N/A
N
Tara Bunch
N/A
N
Mark Loughridge
N/A
N
John E. Schadl
006931790
100 Vanguard Boulevard
Malvern
19355
XXXXXX
N
N
N
N
N
N
VANGUARD MARKETING CORP.
8-21570
000007452
N/A
Y
N
PRICEWATERHOUSECOOPERS LLP
000000238
5493002GVO7EO8RNNS37
N
N
N
N
N
N
N
VANGUARD EXPLORER FUND
S000002578
HU38GZ7YQSV1LSOPIX38
N
2
0
0
N/A
N
N
Y
N
N
The Vanguard Group, Inc.
5493002789CX3L0CJP65
Y
N
Cash collateral reinvestment fee
Administrative fee
110179469.52000000
2365245.18000000
Rule 17a-7 (17 CFR 270.17a-7)
Rule 12d1-4 (17 CFR 270.12d1-4)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
N
N
N
N
ClearBridge Investments, LLC
801-64710
000137028
549300L5KZQRDVVXSK45
N
ArrowMark Colorado Holdings, LLC
801-69868
000149120
IF16UMXNLJ3CKISVCS83
N
The Vanguard Group, Inc.
801-11953
000105958
5493002789CX3L0CJP65
N
Stephens Investment Management Group, LLC
801-64675
000136369
N/A
N
Wellington Management Company LLP
801-15908
000106595
549300YHP12TEZNLCX41
N
THE VANGUARD GROUP, INC.
084-00772
5493002789CX3L0CJP65
Y
N
N
Markit Group Limited
549300HLPTRASHS0E726
GB
N
Markit North America INC
13-4153988
TIN
N
Refinitiv US LLC
20-4530702
TIN
N
ICE Data Pricing and Reference Data LLC
13-36687789
TIN
N
Bloomberg Finance LP
5493001KJTIIGC8Y1R12
N
JPMorgan Chase Bank
7H6GLXDRUGQFU57RNE97
N
ITG Analytics Inc
41-2190282
TIN
N
N
Skandinaviska Enskilda Banken AB (publ)
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, A.S.
CWZ8NZDH5SKY12Q4US31
TR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB (publ)
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe plc, Dublin, Ireland
N1FBEDJ5J41VKZLO2475
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services, S.C.A.
549300WCGB70D06XZS54
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Bank International GmbH
ZMHGNT7ZPKZ3UFZ8EO46
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Intesa Sanpaolo S.p.A.
2W8N8UU78PMDQKZENC08
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank S.A./N.V.
549300OZ46BRLZ8Y6F65
BE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB (publ)
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services, S.C.A.
549300WCGB70D06XZS54
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe plc, Dublin, Ireland
N1FBEDJ5J41VKZLO2475
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Trust Company Canada
549300L71XG2CTQ2V827
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
BNP Paribas Securities Services, S.C.A.
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB (publ)
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Nacional de Mexico, S.A.
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
EG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Mizuho Bank, Limited
RB0PEZSDGCO3JS6CEU02
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank N.A.
E57ODZWZ7FF32TWEFA76
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Malaysia Berhad
549300JTJBG2QBI8KD48
MY
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Bank and Trust Company, United Kingdom branch
213800YAZLPV26WFM449
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse (Switzerland) Limited
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Bermuda Limited
0W1U67PTV5WY3WYWKD79
BM
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
IN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Tanzania) Limited
549300RLNUU3GJS6MK84
TW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
The Vanguard Group, Inc.
5493002789CX3L0CJP65
Y
N
N
The Vanguard Group, Inc.
5493002789CX3L0CJP65
Y
N
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
Y
N
J.P. Morgan Securities LLC
008-35008
000000079
ZBUT11V806EZRVTWT807
448375.57999999
Jefferies LLC
008-15074
000002347
58PU97L1C0WSRCWADL48
1008149.13000000
Morgan Stanley & Co. LLC
008-15869
000008209
9R7GPTSO7KV3UQJZQ078
604059.40000000
BofA Securities, Inc.
008-69787
000283942
549300HN4UKV1E2R3U73
253080.85999998
BTIG, LLC
008-65473
000122225
549300GTG9PL6WO3EC51
246373.10000000
UBS Securities LLC
008-22651
000007654
T6FIZBDPKLYJKFCRVK44
246232.39999999
Pershing LLC
008-17574
000007560
ZI8Q1A8EI8LQFJNM0D94
459346.62999999
Goldman Sachs & Co. LLC
008-00129
000000361
FOR8UP27PHTHYVLBNG30
725889.76000000
Instinet, LLC
008-23669
000007897
549300MGMN3RKMU8FT57
271966.40000000
Cowen and Company, LLC
008-22522
000007616
549300WR155U7DVMIW58
466059.75000000
8182246.44999972
Morgan Stanley & Co. LLC
008-15869
000008209
9R7GPTSO7KV3UQJZQ078
54355615.25000000
ROSENBLATT SECURITIES INC.
008-24255
000018377
549300KXQP6H4QO07E91
16147.07000000
J.P. Morgan Securities LLC
008-35008
000000079
ZBUT11V806EZRVTWT807
39968276.75000000
Vanguard Market Liquidity Fund
N/A
N/A
1I6HV0TLSTR3A4XQ6L78
9167843590.95000080
SG Americas Securities, LLC
008-66125
000128351
549300F35UE0BOM1WJ55
352700893.86999989
Jefferies LLC
008-15074
000002347
58PU97L1C0WSRCWADL48
18023767.00000000
Deutsche Bank Securities Inc.
008-17822
000002525
9J6MBOOO7BECTDTUZW19
38095700000.00000000
Goldman Sachs & Co. LLC
008-00129
000000361
FOR8UP27PHTHYVLBNG30
79338724.07999999
Barclays Capital Inc.
008-41342
000019714
AC28XWWI3WIBK2824319
310266208.13000000
48118213223.10000068
Y
20715190533.10500000
Committed
4385000000.00000000
N
N
N
N
true
INTERNAL CONTROL RPT
2
explorerfund1216.txt
Report of Independent
Registered Public
Accounting Firm
To the Board of Trustees and Shareholders of
Vanguard Explorer Fund
In planning and performing our audit of the
financial statements of Vanguard Explorer Fund
(the "Fund") as of and for the year ended
October 31, 2022, in accordance with the
standards of the Public Company Accounting
Oversight Board (United States) (PCAOB), we
considered the Fund's internal control over
financial reporting, including controls over
safeguarding securities, as a basis for designing
our auditing procedures for the purpose of
expressing our opinion on the financial
statements and to comply with the requirements
of Form N-CEN, but not for the purpose of
expressing an opinion on the effectiveness of the
Fund's internal control over financial reporting.
Accordingly, we do not express an opinion on the
effectiveness of the Fund's internal control over
financial reporting.
The management of the Fund is responsible for
establishing and maintaining effective internal
control over financial reporting. In fulfilling this
responsibility, estimates and judgments by
management are required to assess the
expected benefits and related costs of controls. A
company's internal control over financial
reporting is a process designed to provide
reasonable assurance regarding the reliability of
financial reporting and the preparation of financial
statements for external purposes in accordance
with generally accepted accounting principles. A
company's internal control over financial reporting
includes those policies and procedures that (1)
pertain to the maintenance of records that, in
reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the
company; (2) provide reasonable assurance that
transactions are recorded as necessary to permit
preparation of financial statements in accordance
with generally accepted accounting principles,
and that receipts and expenditures of the
company are being made only in accordance with
authorizations of management and directors of
the company; and (3) provide reasonable
assurance regarding prevention or timely
detection of unauthorized acquisition, use or
disposition of a company's assets that could have
a material effect on the financial statements.
Because of its inherent limitations, internal
control over financial reporting may not prevent
or detect misstatements. Also, projections of any
evaluation of effectiveness to future periods are
subject to the risk that controls may become
inadequate because of changes in conditions, or
that the degree of compliance with the policies or
procedures may deteriorate.
A deficiency in internal control over financial
reporting exists when the design or operation of a
control does not allow management or
employees, in the normal course of performing
their assigned functions, to prevent or detect
misstatements on a timely basis. A material
weakness is a deficiency, or a combination of
deficiencies, in internal control over financial
reporting, such that there is a reasonable
possibility that a material misstatement of the
company's annual or interim financial statements
will not be prevented or detected on a timely
basis.
Our consideration of the Fund's internal control
over financial reporting was for the limited
purpose described in the first paragraph and
would not necessarily disclose all deficiencies in
internal control over financial reporting that
might be material weaknesses under standards
established by the PCAOB. However, we noted
no deficiencies in the Fund's internal control over
financial reporting and its operation, including
controls over safeguarding securities, that we
consider to be a material weakness as defined
above as of October 31, 2022.
This report is intended solely for the information
and use of the Board of Trustees of Vanguard
Explorer Fund and the Securities and
Exchange Commission and is not intended to
be and should not be used by anyone other
than these specified parties.
December 16, 2022
PricewaterhouseCoopers LLP, Two Commerce
Square, Suite 1800, 2001 Market Street,
Philadelphia, PA 19103-7042 T: (267) 330 3000,
www.pwc.com/us