Vanguard Energy Fund Annual Report January 31, 2021

became the sole advisor to the Vanguard Energy Fund. Vanguard Quantitative Equity Group no longer manages a portion of the fund. Performance For the 12 months ended January 31, 2021, Vanguard Energy Fund returned –23.55% for Investor Shares and –23.47% for Admiral Shares, ahead of the –28.24% return of the Spliced Energy Index. Investment ... ................
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