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Vanguard Convertible Securities Fund opening to institutional investors directly with Vanguard

http://www.sec.gov/Archives/edgar/data/791107/000093247116013031/ps82042013.htm

497 1 ps82042013.htm PARTIAL CLOSED SUPPLEMENT


Vanguard Convertible Securities Fund

Supplement to the Prospectus and the Summary Prospectus

Important Change to Vanguard Convertible Securities Fund

Vanguard Convertible Securities Fund is now open to new accounts for institutional clients who invest directly with Vanguard.

The Fund will remain closed to prospective financial advisory and intermediary clients (other than clients who invest through a Vanguard brokerage account) until further notice, and there is no specific time frame for when the Fund will reopen for new account registrations by these clients.

During the Fund’s closed period, current shareholders may continue to purchase, exchange, or redeem shares of the Fund online, by telephone, or by mail. Participants in certain qualified retirement plans may continue to invest in accordance with the terms of their plans.

The Fund may modify these transaction policies at any time and without prior notice to shareholders. You may call Vanguard for more detailed information about the Fund’s transaction policies. Participants in employer-sponsored plans may call Vanguard Participant Services at 800-523-1188. Investors in nonretirement accounts and IRAs may call Vanguard’s Investor Information Department at 800-662-7447. Institutional investors may call Vanguard’s Institutional Division at 888-809-8102 or may call their relationship managers directly.

© 2013 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor. PS 82 042013

Comments

  • msf
    edited March 2016
    "The Fund will remain closed to prospective financial advisory and intermediary clients (other than clients who invest through a Vanguard brokerage account) until further notice, and there is no specific time frame for when the Fund will reopen for new account registrations by these clients."

    Just to be clear, VCVSX is and remains open to retail investors purchasing shares through Vanguard, both directly and via their brokerage.
  • Since we are on that topic, here's Vanguard's Wellington Fund:

    http://www.sec.gov/Archives/edgar/data/105563/000093247116013013/ps21022013.htm

    497 1 ps21022013.htm SUPPLEMENT TO WELLINGTON


    Vanguard Wellington™ Fund

    Supplement to the Prospectus and Summary Prospectus

    Important Note Regarding Vanguard Wellington Fund

    Vanguard Wellington Fund will be closed to all prospective financial advisory, institutional, and intermediary clients (other than clients who invest through a Vanguard brokerage account).

    The Fund will remain closed until further notice and there is no specific time frame for when the Fund will reopen. During the Fund’s closed period, all current shareholders may continue to purchase, exchange, or redeem shares of the Fund online, by telephone, or by mail.

    The Fund may modify these transaction policies at any time and without prior notice to shareholders. You may call Vanguard for more detailed information about the Fund’s transaction policies. Participants in employer-sponsored plans may call Vanguard Participant Services at 800-523-1188. Investors in nonretirement accounts and IRAs may call Vanguard’s Investor Information Department at 800-662-7447.



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