Vanguard International Stock Index Funds Annual Report
Vanguard International Stock Index Funds Annual Report
Vanguard International Stock Index Funds Annual Report
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Emerging Markets <strong>Stock</strong> <strong>Index</strong> Fund<br />
Financial Highlights<br />
Admiral Shares<br />
June 23,<br />
20061 to<br />
Year Ended October 31,<br />
Oct. 31,<br />
For a Share Outstanding Throughout Each Period 2009 2008 2007 2006<br />
Net Asset Value, Beginning of Period $20.63 $48.47 $29.03 $25.00<br />
Investment Operations<br />
Net Investment Income .567 2 1.079 .853 2 .222<br />
Net Realized and Unrealized Gain (Loss) on Investments 3 11.222 (28.099) 19.121 3.808<br />
Total from Investment Operations 11.789 (27.020) 19.974 4.030<br />
Distributions<br />
Dividends from Net Investment Income (.969) (.820) (.534) —<br />
Distributions from Realized Capital Gains — — — —<br />
Total Distributions (.969) (.820) (.534) —<br />
Net Asset Value, End of Period $31.45 $20.63 $48.47 $29.03<br />
Total Return 4 60.29% –56.63% 69.82% 16.12%<br />
Ratios/Supplemental Data<br />
Net Assets, End of Period (Millions) $2,674 $1,508 $3,514 $1,491<br />
Ratio of Total Expenses to Average Net Assets 0.27% 0.20% 0.25% 0.30% 5<br />
Ratio of Net Investment Income to Average Net Assets 2.29% 2.93% 2.36% 2.32% 5<br />
Portfolio Turnover Rate6 1 Inception.<br />
2 Calculated based on average shares outstanding.<br />
3 Includes increases from redemption fees of $.01, $.03, $.01, and $.01.<br />
12% 20% 9% 26%<br />
4 Total returns do not reflect the 0.50% (0.25% prior to October 30, 2009, 0.50% prior to June 26, 2008) transaction fee on purchases and<br />
the 0.25% (0.50% prior to June 26, 2008) transaction fee on redemptions.<br />
5 <strong>Annual</strong>ized.<br />
6 Excludes the value of portfolio securities received or delivered as a result of in-kind purchases or redemptions of the fund’s capital shares,<br />
including ETF Creation Units.<br />
See accompanying Notes, which are an integral part of the Financial Statements.<br />
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