Qualified dividend income—2014 year-end figures
The tables below show the percentage of 2014 dividend and net short-term capital gain distributions, by fund and share class, that are eligible for reduced tax rates as "qualified dividend income" (QDI). Equity and balanced funds are likely to distribute QDI to shareholders; money market and bond funds will not distribute QDI.
QDI-eligible amounts, including any net short-term capital gains, are reported to shareholders in Box 1b of Form 1099-DIV. For those shareholders who do not receive a Form 1099-DIV, QDI-eligible amounts can be determined by applying the relevant percentages from the table to the dividend and net short-term capital gain distributions shown on the shareholder's 2014 year-end account statement.
Effective April 4, 2014, Vanguard Developed Markets Index Fund (each share which had qualified dividend income of 100% for 2014) merged into Vanguard Tax-Managed International Fund, and the combined fund was renamed Vanguard Developed Markets Index Fund. Each share class of the post-merger Vanguard Developed Markets Fund had qualified dividend income of 78.07% for 2014.
The Vanguard Market Neutral Fund and Vanguard Precious Metals and Mining Fund did not make a distribution in 2014.
| Vanguard Funds with declared Qualified Dividend Income information | QDI figures for Dividends | QDI figures for Short term capital gains |
|---|---|---|
| Vanguard 500 Index Fund Investor Shares | 100.00% | 0.00% |
| Vanguard Balanced Index Fund Investor Shares | 52.86% | 0.00% |
| Vanguard Capital Opportunity Fund Investor Shares | 100.00% | 100.00% |
| Vanguard Capital Value Fund | 100.00% | 1.62% |
| Vanguard Convertible Securities Fund | 16.65% | 0.00% |
| Vanguard Developed Markets Index Fund Investor Shares | 78.07% | 0.00% |
| Vanguard Diversified Equity Fund | 100.00% | 9.68% |
| Vanguard Dividend Appreciation Index Fund Investor Shares | 100.00% | 0.00% |
| Vanguard Dividend Growth Fund | 100.00% | 39.47% |
| Vanguard Emerging Markets Select Stock Fund | 70.91% | 0.00% |
| Vanguard Emerging Markets Stock Index Fund Investor Shares | 37.13% | 0.00% |
| Vanguard Energy Fund Investor Shares | 89.40% | 0.00% |
| Vanguard Equity Income Fund Investor Shares | 100.00% | 6.09% |
| Vanguard European Stock Index Fund Investor Shares | 84.68% | 0.00% |
| Vanguard Explorer Fund Investor Shares | 100.00% | 16.10% |
| Vanguard Explorer Value Fund | 96.11% | 0.00% |
| Vanguard Extended Market Index Fund Investor Shares | 62.24% | 0.00% |
| Vanguard FTSE All-World ex-US Index Fund Investor Shares | 73.81% | 0.00% |
| Vanguard FTSE All-World ex-US Small-Cap Index Fund Investor Shares | 53.42% | 0.00% |
| Vanguard FTSE Social Index Fund Investor Shares | 100.00% | 0.00% |
| Vanguard Global Equity Fund | 91.72% | 0.00% |
| Vanguard Global ex-U.S. Real Estate Index Fund Investor Shares | 15.74% | 0.00% |
| Vanguard Global Minimum Volatility Fund Investor Shares | 62.48% | 0.00% |
| Vanguard Growth and Income Fund Investor Shares | 100.00% | 100.00% |
| Vanguard Growth Equity Fund Investor Shares | 100.00% | 0.00% |
| Vanguard Growth Index Fund Investor Shares | 93.98% | 0.00% |
| Vanguard Health Care Fund Investor Shares | 100.00% | 33.39% |
| Vanguard High Dividend Yield Index Fund Investor Shares | 100.00% | 0.00% |
| Vanguard International Explorer Fund | 82.96% | 0.00% |
| Vanguard International Growth Fund Investor Shares | 71.20% | 0.00% |
| Vanguard International Value Fund | 78.23% | 0.00% |
| Vanguard Large-Cap Index Fund Investor Shares | 100.00% | 0.00% |
| Vanguard LifeStrategy Conservative Growth Fund | 35.29% | 0.00% |
| Vanguard LifeStrategy Growth Fund | 70.33% | 0.00% |
| Vanguard LifeStrategy Income Fund | 17.99% | 0.00% |
| Vanguard LifeStrategy Moderate Growth Fund | 53.15% | 0.00% |
| Vanguard Managed Payout Fund | 34.66% | 0.00% |
| Vanguard Managed Payout Dist Focus Fund | 00.00% | 0.00% |
| Vanguard Managed Payout Growth Focus Fund | 00.00% | 0.00% |
| Vanguard Market Neutral Fund Investor Shares | ------ | ------ |
| Vanguard Mid-Cap Growth Fund | 100.00% | 15.30% |
| Vanguard Mid-Cap Growth Index Fund Investor Shares | 86.06% | 0.00% |
| Vanguard Mid-Cap Index Fund Investor Shares | 89.70% | 0.00% |
| Vanguard Mid-Cap Value Index Fund Investor Shares | 89.84% | 0.00% |
| Vanguard Morgan Growth Fund Investor Shares | 100.00% | 22.00% |
| Vanguard Pacific Stock Index Fund Investor Shares | 72.97% | 0.00% |
| Vanguard Precious Metals and Mining Fund | ------ | ------ |
| Vanguard PRIMECAP Core Fund | 100.00% | 100.00% |
| Vanguard PRIMECAP Fund Investor Shares | 100.00% | 100.00% |
| Vanguard REIT Index Fund Investor Shares | 3.42% | 0.00% |
| Vanguard Selected Value Fund | 100.00% | 54.49% |
| Vanguard Small-Cap Growth Index Fund Investor Shares | 51.10% | 0.00% |
| Vanguard Small-Cap Index Fund Investor Shares | 64.41% | 0.00% |
| Vanguard Small-Cap Value Index Fund | 72.14% | 0.00% |
| Vanguard STAR Fund | 42.95% | 9.93% |
| Vanguard Strategic Equity Fund | 92.90% | 0.00% |
| Vanguard Strategic Small-Cap Equity Fund | 100.00% | 0.64% |
| Vanguard Target Retirement 2010 Fund | 37.55% | 0.00% |
| Vanguard Target Retirement 2015 Fund | 48.23% | 0.00% |
| Vanguard Target Retirement 2020 Fund | 54.48% | 0.00% |
| Vanguard Target Retirement 2025 Fund | 60.86% | 0.00% |
| Vanguard Target Retirement 2030 Fund | 67.32% | 0.00% |
| Vanguard Target Retirement 2035 Fund | 73.65% | 0.00% |
| Vanguard Target Retirement 2040 Fund | 78.92% | 0.00% |
| Vanguard Target Retirement 2045 Fund | 78.89% | 0.00% |
| Vanguard Target Retirement 2050 Fund | 78.94% | 0.00% |
| Vanguard Target Retirement 2055 Fund | 79.14% | 0.00% |
| Vanguard Target Retirement 2060 Fund | 79.30% | 0.00% |
| Vanguard Target Retirement Income Fund | 30.72% | 0.00% |
| Vanguard Total International Stock Index Fund Investor Shares | 71.53% | 0.00% |
| Vanguard Total Stock Market Index Fund Investor Shares | 100.00% | 0.00% |
| Vanguard Total World Stock Index Fund Investor Shares | 81.15% | 0.00% |
| Vanguard U.S. Growth Fund Investor Shares | 100.00% | 100.00% |
| Vanguard U.S. Value Fund | 100.00% | 0.00% |
| Vanguard Value Index Fund Investor Shares | 100.00% | 0.00% |
| Vanguard Wellesley Income Fund Investor Shares | 38.91% | 0.00% |
| Vanguard Wellington Fund Investor Shares | 59.49% | 0.00% |
| Vanguard Windsor Fund Investor Shares | 100.00% | 0.00% |
| Vanguard Windsor II Fund Investor Shares | 100.00% | 15.14% |
| Vanguard ETFs® with declared Qualified Dividend Income information | QDI figures for dividends | QDI figures for short-term capital gains |
|---|---|---|
| Vanguard Consumer Discretionary ETF | 100.00% | 0.00% |
| Vanguard Consumer Staples ETF | 100.00% | 0.00% |
| Vanguard Dividend Appreciation ETF | 100.00% | 0.00% |
| Vanguard Energy ETF | 100.00% | 0.00% |
| Vanguard Extended Market ETF | 62.24% | 0.00% |
| Vanguard Financials ETF | 63.16% | 0.00% |
| Vanguard FTSE All-World ex-US ETF | 73.81% | 0.00% |
| Vanguard FTSE All-World ex-US Small-Cap ETF | 53.42% | 0.00% |
| Vanguard FTSE Developed Markets ETF | 78.07% | 0.00% |
| Vanguard FTSE Emerging Markets ETF | 37.13% | 0.00% |
| Vanguard FTSE Europe ETF | 84.68% | 0.00% |
| Vanguard FTSE Pacific ETF | 72.97% | 0.00% |
| Vanguard Global ex-U.S. Real Estate ETF | 15.74% | 0.00% |
| Vanguard Growth ETF | 93.98% | 0.00% |
| Vanguard Health Care ETF | 100.00% | 0.00% |
| Vanguard High Dividend Yield ETF | 100.00% | 0.00% |
| Vanguard Industrials ETF | 100.00% | 0.00% |
| Vanguard Information Technology ETF | 100.00% | 0.00% |
| Vanguard Large-Cap ETF | 100.00% | 0.00% |
| Vanguard Materials ETF | 100.00% | 0.00% |
| Vanguard Mega Cap Growth ETF | 100.00% | 0.00% |
| Vanguard Mega Cap Value ETF | 100.00% | 0.00% |
| Vanguard Mid-Cap ETF | 89.70% | 0.00% |
| Vanguard Mid-Cap Growth ETF | 86.06% | 0.00% |
| Vanguard Mid-Cap Value ETF | 89.84% | 0.00% |
| Vanguard Russell 1000 ETF | 100.00% | 0.00% |
| Vanguard Russell 1000 Growth ETF | 100.00% | 0.00% |
| Vanguard Russell 1000 Value ETF | 93.26% | 0.00% |
| Vanguard Russell 2000 ETF | 68.43% | 0.00% |
| Vanguard Russell 2000 Growth ETF | 82.01% | 0.00% |
| Vanguard Russell 2000 Value ETF | 61.06% | 0.00% |
| Vanguard Russell 3000 ETF | 100.00% | 0.00% |
| Vanguard S&P 500 ETF | 100.00% | 0.00% |
| Vanguard S&P 500 Growth ETF | 100.00% | 0.00% |
| Vanguard S&P 500 Value ETF | 100.00% | 0.00% |
| Vanguard S&P Mid-Cap 400 ETF | 80.82% | 0.00% |
| Vanguard S&P Mid-Cap 400 Growth ETF | 91.37% | 0.00% |
| Vanguard S&P Mid-Cap 400 Value ETF | 77.03% | 0.00% |
| Vanguard S&P Small-Cap 600 ETF | 79.66% | 0.00% |
| Vanguard S&P Small-Cap 600 Growth ETF | 89.56% | 0.00% |
| Vanguard S&P Small-Cap 600 Value ETF | 79.68% | 0.00% |
| Vanguard Small-Cap ETF | 64.41% | 0.00% |
| Vanguard Small-Cap Growth ETF | 51.10% | 0.00% |
| Vanguard Small-Cap Value ETF | 72.14% | 0.00% |
| Vanguard Telecommunication Services ETF | 100.00% | 0.00% |
| Vanguard Total International Stock ETF | 71.53% | 0.00% |
| Vanguard Total Stock Market ETF | 100.00% | 0.00% |
| Vanguard Total World Stock ETF | 81.15% | 0.00% |
| Vanguard Utilities ETF | 100.00% | 0.00% |
| Vanguard Value ETF | 100.00% | 0.00% |
| Vanguard Admiral Funds with declared Qualified Dividend Income information | QDI figures for dividends | QDI figures for short-term capital gains |
|---|---|---|
| Vanguard 500 Index Fund Adm | 100.00% | 0.00% |
| Vanguard Balanced Index Fund Adm | 52.86% | 0.00% |
| Vanguard Capital Opportunity Adm Fund | 100.00% | 100.00% |
| Vanguard Consumer Discret Idx Adm Fund | 100.00% | 0.00% |
| Vanguard Consumer Staples Idx Adm Fund | 100.00% | 0.00% |
| Vanguard Devel Markets Idx Admiral Fund | 78.07% | 0.00% |
| Vanguard Devel Markets Idx Admiral Fund | 100.00% | 0.00% |
| Vanguard Dividend Apprec Idx Adm Fund | 100.00% | 0.00% |
| Vanguard Emerging Mkts Stk Idx Adm Fund | 37.13% | 0.00% |
| Vanguard Energy Fund Admiral Fund | 89.40% | 0.00% |
| Vanguard Energy Index Fund Admiral Fund | 100.00% | 0.00% |
| Vanguard Equity Income Fund Adm Fund | 100.00% | 6.09% |
| Vanguard European Stock Index Adm Fund | 84.68% | 0.00% |
| Vanguard Explorer Fund Admiral Fund | 100.00% | 16.10% |
| Vanguard Extended Mkt Index Adm Fund | 62.24% | 0.00% |
| Vanguard Financials Index Fund Adm Fund | 63.16% | 0.00% |
| Vanguard FTSE All World ex-US Adm Fund | 73.81% | 0.00% |
| Vanguard Gbl ex-US Real Est Ix Adm Fund | 15.74% | 0.00% |
| Vanguard Global Min Vol Admiral Fund | 62.48% | 0.00% |
| Vanguard Growth and Income Adm Fund | 100.00% | 100.00% |
| Vanguard Growth Index Fund Adm Fund | 93.98% | 0.00% |
| Vanguard Health Care Fund Adm Fund | 100.00% | 33.39% |
| Vanguard Health Care Index Admiral Fund | 100.00% | 00.00% |
| Vanguard Industrials Index Admiral Fund | 100.00% | 0.00% |
| Vanguard Information Tech Idx Adm Fund | 100.00% | 0.00% |
| Vanguard International Growth Adm Fund | 71.20% | 0.00% |
| Vanguard Large-Cap Index Fund Adm Fund | 100.00% | 0.00% |
| Vanguard Materials Index Fund Adm Fund | 100.00% | 0.00% |
| Vanguard Mid-Cap Gr Idx Admiral Fund | 86.06% | 0.00% |
| Vanguard Mid-Cap Index Fund Adm Fund | 89.70% | 0.00% |
| Vanguard Mid-Cap Val Idx Admiral Fund | 89.84% | 0.00% |
| Vanguard Morgan Growth Fund Adm Fund | 100.00% | 22.00% |
| Vanguard Pacific Stock Index Adm Fund | 72.97% | 0.00% |
| Vanguard PRIMECAP Fund Admiral Fund | 100.00% | 100.00% |
| Vanguard REIT Index Fund Adm Fund | 3.42% | 0.00% |
| Vanguard Small-Cap Index Fund Adm Fund | 64.41% | 0.00% |
| Vanguard Small-Cap Val Idx Admiral Fund | 72.14% | 0.00% |
| Vanguard Tax-Managd Cap Apprec Adm Fund | 100.00% | 0.00% |
| Vanguard Tax-Managed Balanced Adm Fund | 100.00% | 0.00% |
| Vanguard Tax-Managed Gr & Inc Adm Fund | 100.00% | 0.00% |
| Vanguard Tax-Managed Small-Cap Adm Fund | 92.78% | 0.00% |
| Vanguard Telecom Services Idx Adm Fund | 100.00% | 0.00% |
| Vanguard Tot Intl Stock Ix Admiral Fund | 71.53% | 0.00% |
| Vanguard Total Stock Mkt Idx Adm Fund | 100.00% | 0.00% |
| Vanguard U.S. Growth Fund Admiral Fund | 100.00% | 100.00% |
| Vanguard Utilities Index Fund Adm Fund | 100.00% | 0.00% |
| Vanguard Value Index Fund Adm Fund | 100.00% | 0.00% |
| Vanguard Wellesley Income Fund Adm Fund | 38.91% | 0.00% |
| Vanguard Wellington Fund Admiral Fund | 59.49% | 0.00% |
| Vanguard Windsor Fund Admiral Fund | 100.00% | 0.00% |
| Vanguard Windsor II Fund Adm Fund | 100.00% | 15.14% |
| Vanguard Institutional Funds with declared Qualified Dividend Income information | QDI figures for dividends | QDI figures for short-term capital gains |
|---|---|---|
| Vanguard 500 Index Fund Signal Fund | 100.00% | 0.00% |
| Vanguard Balanced Index Fund Inst Fund | 52.86% | 0.00% |
| Vanguard Balanced Index Signal Fund | 52.86% | 0.00% |
| Vanguard Dev Mkt Index Inst Plus Fund | 78.07% | 0.00% |
| Vanguard Dev Mkt Index Inst Plus Fund | 100.00% | 0.00% |
| Vanguard Developed Markets Idx Ist Fund | 78.07% | 0.00% |
| Vanguard Developed Markets Idx Ist Fund | 100.00% | 0.00% |
| Vanguard Em Markets Inx Inst Plus Fund | 37.13% | 0.00% |
| Vanguard Emerging Mkts Stk Idx Sig Fund | 37.13% | 0.00% |
| Vanguard Emerging Mkts Stk Ix Inst Fund | 37.13% | 0.00% |
| Vanguard Euro Stock Ix Inst Plus Fund | 84.68% | 0.00% |
| Vanguard European Stock Index Inst Fund | 84.68% | 0.00% |
| Vanguard European Stock Index Sig Fund | 84.68% | 0.00% |
| Vanguard Ext Mkt Index Inst Plus Fund | 62.24% | 0.00% |
| Vanguard Extended Mkt Index Inst Fund | 62.24% | 0.00% |
| Vanguard Extended Mkt Index Signal Fund | 62.24% | 0.00% |
| Vanguard FTSE All-World ex-US Ist Fund | 73.81% | 0.00% |
| Vanguard FTSE A-W ex-US Ix Inst Pl Fund | 73.81% | 0.00% |
| Vanguard FTSE AW xUS Sm-Cp Idx Ist Fund | 53.42% | 0.00% |
| Vanguard FTSE Social Index Inst Fund | 100.00% | 0.00% |
| Vanguard Gbl ex-US Real Est Ix Ist Fund | 15.74% | 0.00% |
| Vanguard Growth Index Fund Inst Fund | 93.98% | 0.00% |
| Vanguard Growth Index Signal Fund | 93.98% | 0.00% |
| Vanguard Inst Index Fund Inst Fund | 100.00% | 0.00% |
| Vanguard Inst Index Fund Inst Plus Fund | 100.00% | 0.00% |
| Vanguard Inst Ttl Stk Mkt Idx Inst Fund | 92.19% | 0.00% |
| Vanguard Ist Tt St Mk Idx Ist Plus Fund | 92.19% | 0.00% |
| Vanguard Large-Cap Index Fund Inst Fund | 100.00% | 0.00% |
| Vanguard Large-Cap Index Signal Fund | 100.00% | 0.00% |
| Vanguard Mega Cap Grwth Ix Ist Fund | 100.00% | 0.00% |
| Vanguard Mega Cap Index Ist Fund | 100.00% | 0.00% |
| Vanguard Mega Cap Value Ix Ist Fund | 100.00% | 0.00% |
| Vanguard Mid-Cap Index Fund Inst Fund | 89.70% | 0.00% |
| Vanguard Mid-Cap Index Inst Plus Fund | 89.70% | 0.00% |
| Vanguard Mid-Cap Index Signal Fund | 89.70% | 0.00% |
| Vanguard Pacific Stock Idx Signal Fund | 72.97% | 0.00% |
| Vanguard Pacific Stock Index Inst Fund | 72.97% | 0.00% |
| Vanguard REIT Index Fund Inst Fund | 3.42% | 0.00% |
| Vanguard REIT Index Fund Signal Fund | 3.42% | 0.00% |
| Vanguard Russell 1000 Growth Inst Fund | 100.00% | 0.00% |
| Vanguard Russell 1000 Index Inst Fund | 100.00% | 0.00% |
| Vanguard Russell 1000 Value Inst Fund | 93.26% | 0.00% |
| Vanguard Russell 2000 Growth Inst Fund | 82.01% | 0.00% |
| Vanguard Russell 2000 Index Inst Fund | 68.43% | 0.00% |
| Vanguard Russell 2000 Value Inst Fund | 61.06% | 0.00% |
| Vanguard Russell 3000 Index Inst Fund | 100.00% | 0.00% |
| Vanguard S&P Mid-Cap 400 Gro Ix Is Fund | 91.37% | 0.00% |
| Vanguard S&P Mid-Cap 400 Index Ist Fund | 80.82% | 0.00% |
| Vanguard S&P Mid-Cap 400 Val Ix Is Fund | 77.03% | 0.00% |
| Vanguard S&P Small-Cap 600 Idx Ist Fund | 79.66% | 0.00% |
| Vanguard S&P Sm-Cap 600 Val Ix Ist Fund | 79.68% | 0.00% |
| Vanguard Small-Cap Growth Idx Inst Fund | 51.10% | 0.00% |
| Vanguard Small-Cap Index Fund Inst Fund | 64.41% | 0.00% |
| Vanguard Small-Cap Index Signal Fund | 64.41% | 0.00% |
| Vanguard Small-Cap Value Idx Inst Fund | 72.14% | 0.00% |
| Vanguard Sm-Cap Index Inst Plus Fund | 64.41% | 0.00% |
| Vanguard Struct Broad Market Inst Fund | 100.00% | 1.63% |
| Vanguard Struct Broad Mkt Inst Pl Fund | 100.00% | 1.63% |
| Vanguard Struct L-C Equity Inst Fund | 100.00% | 0.00% |
| Vanguard Struct L-C Equity Inst Pl Fund | 100.00% | 0.00% |
| Vanguard Tax-Managed Cap App Inst Fund | 100.00% | 0.00% |
| Vanguard Tax-Managed Gro&Inc Inst Fund | 100.00% | 0.00% |
| Vanguard Tax-Managed Sm-Cap Inst Fund | 92.78% | 0.00% |
| Vanguard Tot Intl Stock Ix Inst Fund | 71.53% | 0.00% |
| Vanguard Tot Intl Stock Ix Inst Pl Fund | 71.53% | 0.00% |
| Vanguard Tot Intl Stock Ix Signal Fund | 71.53% | 0.00% |
| Vanguard Total Stock Mkt Idx Inst Fund | 100.00% | 0.00% |
| Vanguard Total Stock Mkt Ix Signal Fund | 100.00% | 0.00% |
| Vanguard Total World Stock Idx Ist Fund | 81.15% | 0.00% |
| Vanguard Value Index Fund Inst Fund | 100.00% | 0.00% |
| Vanguard Value Index Signal Fund | 100.00% | 0.00% |