VANGUARD INTERNATIONAL CORE STOCK FUND
VANGUARD HORIZON FUNDS · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
VANGUARD INTERNATIONAL CORE STOCK FUND is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q1
Vanguard International Core Stock Fund (the Fund) seeks to provide long-term capital appreciation.
The fund actively selects large- and mid-capitalization stocks from developed and emerging markets outside the United States, focusing on companies with strong management, disciplined capital allocation, and competitive advantages at reasonable valuations. The fund invests at least 80% of its assets in common stocks and is diversified across countries. Because returns depend on the advisor's security selections, the fund's performance will diverge from any benchmark index.
| Share class | Expense ratio |
|---|---|
| VZICX | 0.38% |
| VWICX | 0.47% |
Portfolio turnover 87.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.53% |
| Cash & short-term | 3.63% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Largest new: Tokyo Electron Ltd, Industria de Diseno Textil SA, Heineken NV, Delta Electronics Inc, NN Group NV, Advanced Micro-Fabrication Equipment Inc China, STMicroelectronics NV, The People's Insurance Co Group of China Ltd
Largest exited: Equinor ASA, AIA Group Ltd, Volvo AB, Lloyds Banking Group PLC, Itau Unibanco Holding SA, Reckitt Benckiser Group PLC, Otsuka Holdings Co Ltd, Next PLC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +37.84% | +77.34% | +75.20% | 13.85% | -8.78% | |
| +37.68% | +76.86% | +74.21% | 13.83% | -8.79% |
These classes hold the same portfolio, so the 0.99pp spread over 5 years is the cost difference between them — roughly 0.20pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Taiwan Semiconductor Manufacturing Co Ltd | 6.24% | $78.89 | $643.06M | 8.2M |
| — | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 3.58% | — | $369.71M | — |
| SSNLF | Samsung Electronics Co LtdSSNLF | 3.40% | $221.90 | $351.01M | 1.6M |
| — | SK hynix Inc | 3.16% | $1,764.58 | $325.72M | 184.6K |
| ASMLF | ASML Holding NVASMLF | 3.16% | $1,980.18 | $325.45M | 164.4K |
| — | Vanguard FTSE Developed Markets ETF | 2.67% | $71.25 | $275.76M | 3.9M |
| — | AstraZeneca PLC | 2.05% | $186.70 | $211.57M | 1.1M |
| — | UBS Group AG | 1.81% | $49.56 | $186.74M | 3.8M |
| BNS | The Bank of Nova ScotiaBNS | 1.64% | $86.92 | $169.41M | 1.9M |
| — | Tokyo Electron Ltd | 1.55% | $484.85 | $160.05M | 330.1K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 29.27% of net assets, top 25 48.99%, across 91 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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