VANGUARD TAX-MANAGED FUNDS-Vanguard Developed Markets Index Fund

Company Share, %
Nitori Holdings Co., Ltd. Nitori Holdings Co., Ltd. 3.21
Dai-ichi Life Holdings, Inc. Dai-ichi Life Holdings, Inc. 3.18
FUJIFILM Holdings Corporation FUJIFILM Holdings Corporation 2.58
MS&AD Insurance Group Holdings, Inc. MS&AD Insurance Group Holdings, Inc. 2.09
Japan Exchange Group, Inc. Japan Exchange Group, Inc. 1.76
Sumitomo Mitsui Trust Holdings, Inc. Sumitomo Mitsui Trust Holdings, Inc. 1.58
Orlen S.A. 1.23
Better Collective A/S 1.17
Otsuka Corporation Otsuka Corporation 1.08
Evolution Mining Limited Evolution Mining Limited 0.97
Banco de Sabadell, S.A. Banco de Sabadell, S.A. 0.96
SNC-Lavalin Group Inc. SNC-Lavalin Group Inc. 0.95
APA Group APA Group 0.95
Goodman Group Goodman Group 0.95
Centrica plc Centrica plc 0.95
Perion Network Ltd. Perion Network Ltd. 0.94
The Toronto-Dominion Bank The Toronto-Dominion Bank 0.94
Pearson plc Pearson plc 0.93
Sun Life Financial Inc. Sun Life Financial Inc. 0.93
Shell plc Shell plc 0.93

Category Quantity
Industrials 219
Financials 138
Materials 92
Consumer Cyclical 79
Technology 77
Real Estate 68
Healthcare 64
Consumer Staples 64
Energy 52
Utilities 42
Communication Services 36
Consumer Discretionary 34
Telecom 11
High Tech 6