Vanguard Star Funds

05/12/2026 | Press release | Distributed by Public on 05/12/2026 07:01

Prospectus by Investment Company (Form 497)

Vanguard LifeStrategy® Income Fund

Vanguard LifeStrategy Conservative Growth Fund

Vanguard LifeStrategy Moderate Growth Fund

Vanguard LifeStrategy Growth Fund

Supplement Dated May 12, 2026, to the Prospectus and Summary Prospectuses Dated February 27, 2026

Important Changes to the Funds

Fund Name Changes

As previously announced, effective today, each Vanguard LifeStrategy Fund (each, a "Fund" and collectively, the "LifeStrategy Funds") has changed its name as shown below:

Prior Fund Name

New Fund Name

Vanguard LifeStrategy Income Fund

Vanguard LifeStrategy 20/80 Fund

Vanguard LifeStrategy Conservative

Vanguard LifeStrategy 40/60 Fund

Growth Fund

Vanguard LifeStrategy Moderate Growth

Vanguard LifeStrategy 60/40 Fund

Fund

Vanguard LifeStrategy Growth Fund

Vanguard LifeStrategy 80/20 Fund

All references to the LifeStrategy Funds are replaced with the applicable new fund name shown in the table above.

Each Fund's investment objective, strategies, and polices will remain unchanged.

© 2026 The Vanguard Group, Inc. All rights reserved.

PS 088C 052026

Vanguard Marketing Corporation, Distributor.


Vanguard STAR® Funds
Supplement Dated May 12, 2026, to the Statement of Additional Information Dated February 27, 2026
Important Changes to Vanguard LifeStrategy® Income Fund, Vanguard LifeStrategy Conservative Growth Fund, Vanguard LifeStrategy Moderate Growth Fund, and Vanguard LifeStrategy Growth Fund (each, a "Fund" and collectively, the "LifeStrategy Funds")
Fund Name Changes

As previously announced, effective today, each Vanguard LifeStrategy Fund has changed its name as shown below:
Prior Fund Name
New Fund Name
Vanguard LifeStrategy Income Fund
Vanguard LifeStrategy 20/80 Fund
Vanguard LifeStrategy Conservative Growth Fund
Vanguard LifeStrategy 40/60 Fund
Vanguard LifeStrategy Moderate Growth Fund
Vanguard LifeStrategy 60/40 Fund
Vanguard LifeStrategy Growth Fund
Vanguard LifeStrategy 80/20 Fund
All references to the LifeStrategy Funds are replaced with the applicable new fund name shown in the table above.
Each Fund's investment objective, strategies, and polices will remain unchanged.
© 2026 The Vanguard Group, Inc. All rights reserved.
Vanguard Marketing Corporation, Distributor.
SAI 056B 052026

Vanguard Star Funds published this content on May 12, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 12, 2026 at 13:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]