We’ll update the schedule below with links to the distribution announcements as they become available between now and January 2018.

You can also use the following links to access distribution information at any time:

Date
(subject to change)
What to look for
November 10, 2017
Preliminary capital gains estimates: List of Vanguard mutual funds and ETFs expected to distribute taxable capital gains, with scheduled record dates and preliminary capital gains estimates, as of October 31, 2017. Estimates of year-end capital gains for applicable Vanguard ETFs, broken down by short-term, long-term, and total gains. Estimates of total capital gains per share for all applicable remaining funds.
December 8, 2017Updated and expanded estimates: Updated estimates of year-end capital gains for applicable Vanguard mutual funds and ETFs, broken down by short-term, long-term, and total gains, plus estimated income and qualified dividend income percentages, as of December 31, 2017.
December 18, 2017Updated estimated breakdown: Distributions for Vanguard Managed Payout Fund, as well as estimates for any additional year-end 2017 distributions for this fund.
  

Notes:

All investing is subject to risk, including the possible loss of the money you invest.

Vanguard ETF Shares are not redeemable with the issuing fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may incur brokerage commissions and may pay more than the net asset value when buying and receive less than the net asset value when selling.