VANGUARD INTERNATIONAL VALUE FUND
VANGUARD TRUSTEES' EQUITY FUND · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
VANGUARD INTERNATIONAL VALUE 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 Value Fund (the Fund) seeks to provide long-term capital appreciation.
The fund invests in common stocks of companies outside the United States that its advisors identify as undervalued relative to measures such as earnings and book value. It holds large-, mid-, and small-capitalization companies across developed and emerging markets. Multiple advisors independently select and manage separate portfolios for the fund, so performance depends on the security selections each advisor makes.
| Share class | Expense ratio |
|---|---|
| VTRIX | 0.36% |
Portfolio turnover 65.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 95.53% |
| Cash & short-term | 4.01% |
| Derivatives | 0.05% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: Roche Holding AG, Sika AG, Korea Electric Power Corp, Saipem SpA, LG Chem Ltd, Standard Chartered PLC, Bangkok Bank PCL, Intesa Sanpaolo SpA
Largest exited: Nutrien Ltd, Roche Holding AG, Hyundai Mobis Co Ltd, Glencore PLC, Gerdau SA, Kobe Steel Ltd, Standard Bank Group Ltd, Sandvik AB
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
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 |
|---|---|---|---|---|---|
| — | Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 4.01% | — | $454.37M | — |
| SSNLF | Samsung Electronics Co LtdSSNLF | 2.70% | $150.59 | $305.41M | 2.0M |
| — | STMicroelectronics NV | 2.30% | $54.48 | $260.47M | 4.8M |
| — | Nokia Oyj | 1.72% | $12.71 | $195.15M | 15.4M |
| — | NIDEC CORP | 1.71% | $15.40 | $193.61M | 12.6M |
| — | Murata Manufacturing Co Ltd | 1.70% | $33.16 | $193.02M | 5.8M |
| — | TotalEnergies SE | 1.60% | $92.97 | $181.54M | 2.0M |
| — | Julius Baer Group Ltd | 1.36% | $82.20 | $154.30M | 1.9M |
| — | Kering SA | 1.35% | $275.11 | $152.48M | 554.2K |
| — | GSK PLC | 1.32% | $26.22 | $149.79M | 5.7M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 19.77% of net assets, top 25 34.15%, across 181 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.
Sign in free