Vanguard International Credit Securities Index Fund (Hedged) announced earnings results for the first half year ended December 31, 2017. For the half year, the company’s total net investment income was $20,818,000 compared to loss of $5,497,000 a year ago. Operating profit was $19,396,000 compared to operating loss of $7,708,000 a year ago. Net cash inflow from operating activities was $769,616,000 compared to net cash outflow from operating activities of $165,590,000 a year ago.