Context: The calculations are based on expenses incurred in the most recent six-month period. The fund’s annualized six-month expense ratios for
that period are: 0.17% for Investor Shares, 0.07% for ETF Shares, 0.11% for Admiral Shares, 0.08% for Institutional Shares, 0.07% for
Institutional Plus Shares, and 0.045% for Institutional Select Shares. The dollar amounts shown as “Expenses Paid” are equal to the
annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent
six-month period, then divided by the number of days in the most recent 12-month period (181/365).

2

Total International Stock Index Fund

Fund Allocation
As of April 30, 2022

Question: Using the above context return a single number. what is the annualized expense ratio of Institutional shares?