<TABLE> <S> <C>
<ARTICLE> 6
<RESTATED>
<CIK> 0000106444
<NAME> VANGUARD FIXED INCOME SECURITIES FUNDS
<SERIES>
<NUMBER> 02
<NAME> VANGUARD HIGH-YIELD CORPORATE FUND
<MULTIPLIER> 1,000
<CURRENCY> US
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2001
<PERIOD-START> FEB-01-2000
<PERIOD-END> JUL-31-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 5988693
<INVESTMENTS-AT-VALUE> 5641189
<RECEIVABLES> 153520
<ASSETS-OTHER> 1039
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5795748
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 260310
<TOTAL-LIABILITIES> 266414
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6120444
<SHARES-COMMON-STOCK> 775445
<SHARES-COMMON-PRIOR> 765262
<ACCUMULATED-NII-CURRENT> 0
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<ACCUMULATED-NET-GAINS> (243606)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (347504)
<NET-ASSETS> 5529334
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 248429
<OTHER-INCOME> 724
<EXPENSES-NET> 7137
<NET-INVESTMENT-INCOME> 242016
<REALIZED-GAINS-CURRENT> (65049)
<APPREC-INCREASE-CURRENT> (48862)
<NET-CHANGE-FROM-OPS> 128105
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 242016
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 79893
<NUMBER-OF-SHARES-REDEEMED> 92125
<SHARES-REINVESTED> 22415
<NET-CHANGE-IN-ASSETS> (41474)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (178557)
<OVERDISTRIB-NII-PRIOR> 0
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<AVERAGE-NET-ASSETS> 5456341
<PER-SHARE-NAV-BEGIN> 7.28
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.13
<EXPENSE-RATIO> 0.26
</TABLE>