VANGUARD HORIZON FUND INC
NSAR-A, 1996-06-25
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<PAGE>      PAGE  1
000 A000000 04/30/96
000 C000000 0000932471
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 VANGUARD HORIZON FUND, INC.
001 B000000 811-7239
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  4
007 C010100  1
007 C020100 AGGRESSIVE GROWTH PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 CAPITAL OPPORTUNITY PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 GLOBAL ASSET ALLOCATION PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 GLOBAL EQUITY PORTFOLIO
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   91
019 C00AA00 VANGUARDGR
020 A000001 FAHNESTOCK & CO. INC.
020 B000001 13-5657518
020 C000001     41
020 A000002 INSTINET CORPORATION
020 B000002 13-3443395
020 C000002     26
020 A000003 SMITH BARNEY INC.
<PAGE>      PAGE  2
020 B000003 13-1912900
020 C000003      7
020 A000004 BROADCORT CAPITAL CORP.
020 B000004 13-3144415
020 C000004      7
020 A000005 SANFORD C. BERNSTEIN & CO. INC.
020 B000005 13-2625874
020 C000005      7
020 A000006 DAKIN SECURITIES CORPORATION
020 B000006 94-3034642
020 C000006      6
020 A000007 JEFFERIES & COMPANY INTERNATIONAL-LONDON
020 C000007      6
020 A000008 LEHMAN BROTHERS INC.
020 B000008 13-2518466
020 C000008      6
020 A000009 FIDELITY CAPITAL MARKETS(DIVISION OF NFSC)
020 B000009 04-2785576
020 C000009      6
020 A000010 BEAR STEARNS & CO. INC.
020 B000010 13-3299429
020 C000010      6
021  000000      223
022 A000001 THE VANGUARD GROUP, INC./POOLED CASH ACCT.
022 B000001 23-1945930
022 C000001   1054487
022 D000001         0
022 A000002 SALOMON BROTHERS
022 B000002 13-3082694
022 C000002    185928
022 D000002    185870
022 A000003 GREENWICH CAPITAL MARKETS, INC.
022 B000003 13-3172275
022 C000003     37235
022 D000003     32473
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004     18305
022 D000004     22487
022 A000005 SALOMON BROTHERS INTERNATIONAL-LONDON
022 C000005     23926
022 D000005      7576
022 A000006 SMITH BARNEY INC.
022 B000006 13-1912900
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022 D000006      4341
022 A000007 GOLDMAN SACHS & CO.
022 B000007 13-5108880
022 C000007       850
022 D000007      6932
022 A000008 MONTGOMERY SECURITIES
<PAGE>      PAGE  3
022 B000008 94-1701676
022 C000008      5911
022 D000008       217
022 A000009 PIPER JAFFRAY INC.
022 B000009 41-0953246
022 C000009      3006
022 D000009      2262
022 A000010 MERRILL LYNCH PIERCE FENNER & SMITH
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SIGNATURE   GARY P. SOURA                                
TITLE       SR. MANAGER         
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000932471
<NAME> VANGUARD HORIZON FUND, INC.
<SERIES>
   <NUMBER> 01
   <NAME> AGGRESSIVE GROWTH PORTFOLIO
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000932471
<NAME> VANGUARD HORIZON FUND, INC.
<SERIES>
   <NUMBER> 02
   <NAME> CAPITAL OPPORTUNITY PORTFOLIO
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