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THE VANGUARD GROUP OF INVESTMENT COMPANIES ANNOUNCES DISTRIBUTIONS

 THE VANGUARD GROUP OF INVESTMENT COMPANIES ANNOUNCES DISTRIBUTIONS
 VALLEY FORGE, Pa., March 25 /PRNewswire/ -- The board of directors of the following members of The Vanguard Group of Investment Companies have declared the following distributions:
 WELLESLEY INCOME FUND -- a quarterly distribution from ordinary net income in the amount of $0.28 (twenty-eight cents) per share and a distribution from 1991 realized capital gains in the amount of $0.01 (one cent, long term), payable on April 1, 1992, to shareholders of record on March 25.
 VANGUARD EQUITY INCOME FUND -- a quarterly distribution from ordinary net income in the amount of $0.14 (fourteen cents) per share, payable on April 1, 1992, to shareholders of record on March 25.
 VANGUARD CONVERTIBLE SECURITIES FUND -- a quarterly distribution from ordinary net income in the amount of $0.13 (thirteen cents) per share, payable on April 1, 1992, to shareholders of record on March 25.
 VANGUARD INDEX TRUST/500 PORTFOLIO -- a quarterly distribution from ordinary net income in the amount of $0.22 (twenty-two cents) per share, payable on April 1, 1992, to shareholders of record on March 25.
 VANGUARD INDEX TRUST/EXTENDED MARKET PORTFOLIO -- a distribution from 1991 realized capital gains in the amount of $0.08 (four cents, short term and four cents, long term), payable on April 1, 1992, to shareholders of record on March 25.
 VANGUARD INSTITUTIONAL INDEX FUND -- a quarterly distribution from ordinary net income in the amount of $0.22 (twenty-two cents) per share, payable on April 1, 1992, to shareholders of record on March 25.
 VANGUARD TRUSTEES' COMMINGLED FUND/INTERNATIONAL PORTFOLIO -- a quarterly distribution from ordinary net income in the amount of $0.09 (nine cents) per share and a distribution from 1991 realized capital gains in the in the amount of $0.14 (fourteen, long term) per share, payable on April 1, 1992, to shareholders of record on March 25.
 -0- 3/25/92
 /CONTACT: Richard F. Hyland, treasurer of The Vanguard Group of Investment Companies, 215-648-6310/ CO: The Vanguard Group of Investment Companies ST: Pennsylvania IN: FIN SU: DIV


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Publication:PR Newswire
Date:Mar 25, 1992
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