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VANGUARD INDEX TRUST (Form Type: N-30D, Filing Date: ) 1 VANGUARD U.S. STOCK INDEX FUNDS MID- AND SMALL-CAPITALIZATION PORTFOLIOS VANGUARD EXTENDED MARKET INDEX FUND VANGUARD MID-CAP INDEX FUND VANGUARD SMALL-CAP INDEX FUND VANGUARD SMALL-CAP GROWTH INDEX FUND VANGUARD SMALL-CAP VALUE INDEX FUND PHOTO SEMIANNUAL REPORT JUNE 30, 1999 THE VANGUARD GROUP LOGO 2 AT VANGUARD, WE BELIEVE THAT TRADITION MATTERS Our 9,000 crew members embrace the traditional values on which our success is built, including integrity, hard work, thrift, teamwork, and fair dealing on behalf of our clients.

Our report cover pays homage to three anniversaries, each of great significance to The Vanguard Group: - The 200th anniversary of the Battle of the Nile, which commenced on August 1, 1798. HMS Vanguard, the victorious British flagship at the Nile, is our namesake.

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And its motto-'Leading the way'-serves as a guiding principle for our company. The 100th birthday, on July 23, 1998, of Walter L. Morgan, founder of Wellington Fund, the oldest member of what became The Vanguard Group. Morgan was friend and mentor to Vanguard founder John C. Bogle, and helped to shape the standards and business principles that Mr. Bogle laid down for Vanguard at its beginning nearly 25 years ago: a stress on balanced, diversified investments; insistence on fair dealing and candor with clients; and a focus on long-term investing.

To our great regret, Mr. Morgan died on September 2, 1998.

The 70th anniversary, on December 28, 1998, of the incorporation of Vanguard Wellington Fund. It is the nation's oldest balanced mutual fund, and one of only a handful of funds created in the 1920s that are still in operation. Although Vanguard constantly tackles new challenges, adopts new technology, and develops new services, we treasure the traditions and values that set us apart in a crowded, competitive industry. And we salute our shareholders, whose support and trust we strive to earn each and every day.

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PHOTO CONTENTS A MESSAGE TO OUR SHAREHOLDERS 1 THE MARKETS IN PERSPECTIVE 5 PERFORMANCE SUMMARIES 7 FUND PROFILES 12 FINANCIAL STATEMENTS 18 FOR AN UPDATE ON OUR YEAR 2000 PREPAREDNESS, SEE PAGE 32. All comparative mutual fund data are from Lipper or Morningstar, unless otherwise noted.

3 FELLOW SHAREHOLDER, PHOTO PHOTO JOHN J. BRENNAN JOHN C.

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BOGLE Chairman & CEO Senior Chairman The U.S. Stock market staged a broad advance during the six months ended June 30. In this environment, Vanguard Extended Market Index Fund posted the highest return of the five Vanguard mid- and small-cap stock index funds, gaining +11.7%. Six-month total returns of our other funds ranged from +1.7% for the Small-Cap Growth Index Fund to +10.6% for the Small-Cap Index Fund.

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For your reference, the S&P 500 Index, which is dominated by large-capitalization stocks, returned +12.4% for the period. The adjacent table shows the six-month total returns (capital change plus reinvested dividends) achieved by our funds, compared with the returns of their respective unmanaged index benchmarks. As you can see, the returns of all but the Small-Cap Growth Index Fund exceeded those of their target indexes. The performance of the Institutional Shares for our Extended Market, Mid-Cap, and Small-Cap Index Funds, which are available for minimum investments of $10 million, are presented at the bottom of this table.

. Company Info Technical Support Customer Service Shopping Info Cable Matters Driver Download Page USB Video Adapters SKU Item Name Download Page Notes 103046 USB 3.0 to HDMI Adapter in Black or White 103067 USB 3.0 to HDMI Adapter in Silver For Mac OS, please skip the 'setup', go to the 'installer' folder to install. 103068 USB 3.0 to VGA Adapter in Black 202048 USB 3.0 to HDMI 4K Adapter 202049 USB 3.0 to DisplayPort 4K Adapter 202051 USB 3.0 to VGA & Gigabit Etherent Adapter Driver for both VGA and Ethernet 202052 USB 3.0 to HDMI & Gigabit Etherent Adapter Driver for both HDMI and Ethernet USB Ethernet Network & Wireless & Bluetooth Adapters SKU Item Name Download Page Notes 201014 USB-C to HDMI / VGA / Ethernet / USB Multiport 4K UHD Adapter MacOS needs driver to use Gigabit Ethernet port. 201020 USB-C to 3-Port USB 3.0 Hub with Gigabit Ethernet Driver for Ethernet 202013 (Before Sept 2016) USB 3.0 to Gigabit Ethernet Adapter in Black or White Choose 'drivers setup program' for your desired windows version.

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