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VANGUARD RECEIVES SHAREHOLDER APPROVAL TO CHANGE NAMES OF TEN PORTFOLIOS

 VALLEY FORGE, Pa., April 21 /PRNewswire/ -- The Vanguard Group of Investment Companies has obtained shareholder approval to change the names of ten Vanguard Portfolios, including two of its oldest and largest Funds.
 The names of the $9.9 billion Windsor Fund and $6.6 billion Wellington Fund, for example, will be changed to Vanguard/Windsor Fund and Vanguard/Wellington Fund, respectively.
 "The new names will more closely identify the Funds as members of our Vanguard family," said Vanguard Chairman John C. Bogle. "Now, all of the Funds in The Vanguard Group will carry the corporate name."
 The name changes, which will be effective in May, do not affect the investment objectives and strategies of any of the Portfolios. In addition to the name changes, the newspaper abbreviations of five Portfolios will be revised to reflect their new names.
 The following name changes will be effective May 3, 1993:
 Former Name (former abbreviation) New Name (new abbreviation)
 PRIMECAP Fund Vanguard/PRIMECAP Fund
 Wellington Fund Vanguard/Wellington Fund
 Wellesley Income Fund Vanguard/Wellesley Income Fund
 Trustees' Commingled Fund Vanguard/Trustees' Equity Fund
 U.S. Portfolio (TCUsa) U.S. Portfolio (TrUS)
 International Portfolio (TC Int) International Portfolio (TrIntl)
 Vanguard World Fund/U.S. Growth Vanguard U.S. Growth
 Portfolio (USGr) Portfolio (WldUS)
 Vanguard World Fund/International Growth Vanguard International
 Growth
 Portfolio (WldInt) Portfolio (IntlGr)
 Vanguard Bond Market Fund (BdMkt) Vanguard Bond Index Fund
 (IdxBnd)(A)
 The following name changes will be effective May 17, 1993:
 Windsor Fund Vanguard/Windsor Fund
 Windsor II Vanguard/Windsor II
 The Vanguard Group of Investment Companies, headquartered in Valley Forge, has net assets exceeding $109 billion and manages 74 investment portfolios owned by some four million client accounts.
 (A) The change of Vanguard Bond Market Fund to Vanguard Bond Index Fund was proposed in order to more clearly identify the Fund as a passively managed index portfolio. The Fund's shareholders also approved a proposal to change the Fund's target index from the Salomon Brothers Broad Investment-Grade Bond Index to the Lehman Brothers Aggregate Bond Index.
 -0- 4/21/93
 /CONTACT: John Woerth of The Vanguard Group, 215-669-6224/


CO: The Vanguard Group of Investment Companies ST: Pennsylvania IN: FIN SU:

MJ -- PH037 -- 8885 04/21/93 15:31 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
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