VANGUARD SPECIALIZED PORTFOLIOS INC
NSAR-B, 1995-03-27
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<PAGE>      PAGE  1
000 B000000 01/31/95
000 C000000 734383
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001 A000000 VANGUARD SPECIALIZED PORTFOLIOS, INC.
001 B000000 811-3916
001 C000000 6106691000
002 A000000 100 VANGUARD BOULEVARD
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007 C020100 ENERGY PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 HEALTH CARE PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 GOLD AND PRECIOUS METALS PORTFOLIO
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C020600 UTILITIES INCOME PORTFOLIO
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 THE VANGUARD GROUP, INC.
010 B00AA01 801-11953
010 C01AA01 MALVERN
010 C02AA01 PA
010 C03AA01 19355
012 A00AA01 THE VANGUARD GROUP, INC.
012 B00AA01 84-772
012 C01AA01 MALVERN
012 C02AA01 PA
012 C03AA01 19355
013 A00AA01 PRICE WATERHOUSE LLP
<PAGE>      PAGE  2
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020 A000001 FRANK RUSSELL SECURITIES, INC.
020 B000001 91-0604934
020 C000001    273
020 A000002 LEHMAN BROTHERS INC.
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020 A000003 COUNTY NATWEST SECURITIES USA
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020 A000007 INSTINET CORPORATION
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020 A000008 CYRUS J. LAWRENCE, INC.
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020 C000009     66
020 A000010 BUTCHER & SINGER
020 B000010 23-2002456
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022 B000009 94-1665059
022 C000009     10549
022 D000009       402
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SIGNATURE   GARY P. SOURA                                
TITLE       ASST. VICE-PRESIDENT
 


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<NAME> VANGUARD SPECIALIZED PORTFOLIOS, INC.
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