VANGUARD SPECIALIZED PORTFOLIOS INC
NSAR-A, 1999-09-22
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<PAGE>      PAGE  1
000 A000000 07/31/1999
000 C000000 0000734383
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 VANGUARD SPECIALIZED FUNDS
001 B000000 811-3916
001 C000000 6106691000
002 A000000 100 VANGUARD BOULEVARD
002 B000000 MALVERN
002 C000000 PA
002 D010000 19355
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 VANGUARD ENERGY FUND
007 C030100 N
007 C010200  2
007 C020200 VANGUARD HEALTH CARE FUND
007 C030200 N
007 C010300  3
007 C020300 VANGUARD GOLD AND PRECIOUS METALS FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C020600 VANGUARD UTILITIES INCOME FUND
007 C030600 N
007 C010700  7
007 C020700 VANGUARD REIT INDEX FUND
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 PHILADELPHIA
013 B02AA01 PA
013 B03AA01 19103
014 A00AA01 VANGUARD MARKETING CORP.
014 B00AA01 8-21570
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  102
<PAGE>      PAGE  2
019 C00AA00 VANGUARDGR
020 A000001 FRANK RUSSELL SECURITIES, INC.
020 B000001 91-0604934
020 C000001   1133
020 A000002 MORGAN STANLEY & CO. INC.
020 B000002 13-2655998
020 C000002    687
020 A000003 SMITH BARNEY INC.
020 B000003 13-1912900
020 C000003    317
020 A000004 BEAR STEARNS & CO. INC.
020 B000004 13-3299429
020 C000004    273
020 A000005 CAPITAL INSTITUTIONAL SERVICES INC.
020 B000005 13-3112953
020 C000005    184
020 A000006 CREDIT SUISSE FIRST BOSTON CORP.
020 B000006 13-5659485
020 C000006    163
020 A000007 PRUDENTIAL SECURITIES, INC.
020 B000007 22-2347330
020 C000007    140
020 A000008 GOLDMAN SACHS & CO.
020 B000008 13-5108880
020 C000008    138
020 A000009 DONDALDSON, LUFKIN & JENRETTE SECURITES CORP
020 B000009 13-2741729
020 C000009    134
020 A000010 HARTLEY POYTON & CO PERTH
020 C000010    115
021  000000     4528
022 A000001 LEHMAN BROTHERS INC.
022 B000001 13-2518466
022 C000001  29925085
022 D000001     19723
022 A000002 MORGAN STANLEY & CO. INC.
022 B000002 13-2655998
022 C000002   4052230
022 D000002      8810
022 A000003 CREDIT SUISSE FIRST BOSTON
022 B000003 13-5659485
022 C000003   1361726
022 D000003         0
022 A000004 GENERAL ELECTRIC CAPITAL CORP
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022 D000004         0
022 A000005 VANGUARD GROUP - POOLED CASH ACCOUNT
022 B000005 23-1945930
022 C000005    434690
022 D000005    458711
022 A000006 JP MORGAN SECURITIES
<PAGE>      PAGE  3
022 B000006 13-3224016
022 C000006    860351
022 D000006      4764
022 A000007 ASSOCIATES CORP
022 C000007    660876
022 D000007         0
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000008 13-5674085
022 C000008    450462
022 D000008         0
022 A000009 LEHMAN BROTHERS INTERNATIONAL, LONDON
022 C000009    404396
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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028 E010700     29873
<PAGE>      PAGE  19
028 E020700     12401
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028 F040700     21291
028 G010700    177364
028 G020700     21176
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028 G040700    135828
028 H000700         0
037  000700 Y
038  000700    203
039  000700 N
040  000700 N
045  000700 N
048  000700  0.000
048 A010700        0
048 A020700 0.000
048 B010700        0
048 B020700 0.000
048 C010700        0
048 C020700 0.000
048 D010700        0
048 D020700 0.000
048 E010700        0
048 E020700 0.000
048 F010700        0
048 F020700 0.000
048 G010700        0
048 G020700 0.000
048 H010700        0
048 H020700 0.000
048 I010700        0
048 I020700 0.000
048 J010700        0
048 J020700 0.000
048 K010700        0
048 K020700 0.000
055 A000700 N
055 B000700 N
056  000700 N
057  000700 N
066 A000700 Y
066 B000700 N
066 C000700 N
066 D000700 N
066 E000700 Y
066 F000700 N
066 G000700 N
<PAGE>      PAGE  20
067  000700 N
068 A000700 N
068 B000700 N
069  000700 Y
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 Y
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 Y
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700    119673
071 B000700     49197
071 C000700    924980
071 D000700    5
072 A000700  6
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<PAGE>      PAGE  21
072 H000700        0
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072 T000700       97
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072 Y000700        0
072 Z000700    33317
072AA000700     5843
072BB000700    25877
072CC010700    23555
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072DD010700    23865
072DD020700        0
072EE000700        0
073 A010700   0.2800
073 A020700   0.0000
073 B000700   0.0000
073 C000700   0.0000
074 A000700        0
074 B000700    13925
074 C000700        0
074 D000700        0
074 E000700      251
074 F000700   961784
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074 J000700        0
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074 L000700     5810
074 M000700        0
074 N000700   981980
074 O000700        0
074 P000700      332
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700     1691
<PAGE>      PAGE  22
074 S000700        0
074 T000700   979957
074 U010700    89126
074 U020700        0
074 V010700    11.00
074 V020700     0.00
074 W000700   0.0000
074 X000700    47631
074 Y000700        0
075 A000700        0
075 B000700   946429
076  000700     0.00
SIGNATURE   GARY P. SOURA
TITLE       MANAGER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 00000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
   <NUMBER> 01
   <NAME> VANGUARD ENERGY FUND
<MULTIPLIER> 1000
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<EXPENSE-RATIO>                                   0.48


</TABLE>

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<ARTICLE> 6
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
   <NUMBER> 02
   <NAME> VANGUARD HEALTH CARE FUND
<MULTIPLIER> 1000
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

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<RESTATED>
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
   <NUMBER> 03
   <NAME> VANGUARD GOLD AND PRECIOUS METALS FUND
<MULTIPLIER> 1000
<CURRENCY> US

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</TABLE>

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<ARTICLE> 6
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
   <NUMBER> 06
   <NAME> VANGUARD UTILITIES INCOME FUND
<MULTIPLIER> 1000
<CURRENCY> US

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<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-2000
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</TABLE>

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<ARTICLE> 6
<CIK> 0000734383
<NAME> VANGUARD SPECIALIZED FUNDS
<SERIES>
   <NUMBER> 07
   <NAME> VANGUARD REIT INDEX FUND
<MULTIPLIER> 1000
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-2000
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</TABLE>


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