Vanguard Emerging Markets Select Stock Fund

Class Inv (VMMSX)

Fund Holdings

Asset Allocation

% Long % Net
Cash 5.89 5.89
Stocks 0.14 0.14
Bonds 0.0 0.0
Other 2.37 2.37
Foreign Bonds 0.0 0.0
Foreign Stocks 88.97 88.97
Convertible 0.0 0.0
Preferred 2.63 2.63

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

Ticker YTD Return % % Net Assets
Petroleo Brasileiro SA Petrobras --- --- 2.11
OAO Lukoil ADR LUKOY -18.88 1.63
Taiwan Semiconductor Manufacturing Co Ltd ADR TSM 3.38 1.52
Taiwan Semiconductor Manufacturing Co Ltd 2330 --- 1.49
Samsung Electronics Co Ltd SSNLF -7.27 1.36
OAO Gazprom ADR OGZPY -22.2 1.36
China Mobile Ltd. 00941 --- 1.27
Sberbank Of Russia ADR SBRCY -28.4 1.27
China Pacific Insurance Group H Shares CHPXF -1.67 1.25
Delta Electronics, Inc. 2308 --- 1.24