VANGUARD/WELLINGTON FUND INC, 497, 1995-09-25

VANGUARD/WELLINGTON FUND INC
497, 1995-09-25

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                         VANGUARD/WELLINGTON FUND, INC.
                             PROSPECTUS SUPPLEMENT
                               SEPTEMBER 25, 1995

Effective September 25, 1995, Mr. Ernst von Metzsch, a Senior Vice
President of Wellington Management Company, has been appointed interim
portfolio manager of the Vanguard/Wellington Fund. Mr. von Metzsch has more
than 25 years of investment experience and has served as a key member of
the Fund's team for more than 20 years. He replaces Mr. Vincent Bajakian
who died unexpectedly on September 24, 1995.

                                                         PSWA