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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number: 811-05986

T. Rowe Price Index Trust, Inc.

 

(Exact name of registrant as specified in charter)

1307 Point Street, Baltimore, MD 21231

 

(Address of principal executive offices)

David Oestreicher

1307 Point Street, Baltimore, MD 21231

 

(Name and address of agent for service)

Registrant’s telephone number, including area code: (410) 345-2000

Date of fiscal year end: December 31 

Date of reporting period: June 30, 2025


Item 1. Reports to Shareholders

    (a) Report pursuant to Rule 30e-1

 

Image

Semi-Annual Shareholder Report

June 30, 2025

Extended Equity Market Index Fund

(PEXMX)

This semi-annual shareholder report contains important information about Extended Equity Market Index Fund (the "fund") for the period of January 1, 2025 to June 30, 2025. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information atwww.troweprice.com/prospectus. You can also request this information without charge by contacting T. Rowe Price at 1‑800‑638‑5660 or info@troweprice.com or contacting your intermediary. 

What were the fund costs for the last six months? (based on a hypothetical $10,000 investment)

 
Costs of a $10,000 investment
Costs paid as a percentage of a $10,000 investment
Extended Equity Market Index Fund
$12
0.24%

What are some fund statistics?

Fund Statistics

Total Net Assets (000s)
$986,469
Number of Portfolio Holdings
1,595
Portfolio Turnover Rate
4.1%

What did the fund invest in?

Sector Allocation (as a % of Net Assets)

Information Technology
18.9%
Financials
18.1
Industrials & Business Services
18.0
Health Care
11.1
Consumer Discretionary
10.8
Real Estate
5.1
Communication Services
4.5
Materials
4.2
Energy
3.7
Other
5.6

Top Ten Holdings (as a % of Net Assets)

MicroStrategy
1.4%
AppLovin
1.1
Snowflake
1.0
Marvell Technology
0.9
Robinhood Markets
0.9
CRH
0.9
Cloudflare
0.8
ROBLOX
0.8
Cheniere Energy
0.7
Vertiv Holdings
0.7

If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless. If you invest through a financial intermediary such as an investment advisor, a bank, retirement plan sponsor or a brokerage firm, please contact that organization and ask if it can provide electronic delivery.

Visit www.troweprice.com/en/us/market-data-disclosures for additional legal notices & disclaimers.

202505-4461501

F124-053 8/25

Extended Equity Market Index Fund 

 (PEXMX)

T. Rowe Price Investment Services, Inc.

1307 Point Street

Baltimore, Maryland 21231

Image


Item 1. (b) Notice pursuant to Rule 30e-3.

Not applicable.

Item 2. Code of Ethics.

A code of ethics, as defined in Item 2 of Form N-CSR, applicable to its principal executive officer, principal financial officer, principal accounting officer or controller, or persons performing similar functions is filed as an exhibit to the registrant’s annual Form N-CSR. No substantive amendments were approved or waivers were granted to this code of ethics during the registrant’s most recent fiscal half-year.

Item 3. Audit Committee Financial Expert.

Disclosure required in registrant’s annual Form N-CSR.

Item 4. Principal Accountant Fees and Services.

Disclosure required in registrant’s annual Form N-CSR.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Investments.

(a) Not applicable. The complete schedule of investments is included in Item 7 of this Form N-CSR.

(b) Not applicable.

Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.

(a – b) Report pursuant to Regulation S-X.

 


Financial
Highlights
Portfolio
of
Investments
Financial
Statements
and
Notes
Additional
Fund
Information
June
30,
2025
Financial
Statements
and
Other
Information
For
more
insights
from
T.
Rowe
Price
investment
professionals,
go
to
troweprice.com
.
T.
ROWE
PRICE
PEXMX
Extended
Equity
Market
Index
Fund
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
(Unaudited)
Financial
Highlights
2
For
a
share
outstanding
throughout
each
period
6
Months
.
Ended
6/30/25
..
Year
..
..
Ended
.
12/31/24
12/31/23
12/31/22
12/31/21
12/31/20
NET
ASSET
VALUE
Beginning
of
period
$
32.78‌
$
30.12‌
$
24.92‌
$
36.18‌
$
37.12‌
$
29.25‌
Investment
activities
Net
investment
income
(1)(2)
0.14‌
0.32‌
0.32‌
0.29‌
0.27‌
0.24‌
Net
realized
and
unrealized
gain/
loss
0.49‌
4.84‌
5.98‌
(9.67‌)
4.17‌
8.74‌
Total
from
investment
activities
0.63‌
5.16‌
6.30‌
(9.38‌)
4.44‌
8.98‌
Distributions
Net
investment
income
—‌
(0.36‌)
(0.32‌)
(0.33‌)
(0.27‌)
(0.24‌)
Net
realized
gain
—‌
(2.14‌)
(0.78‌)
(1.55‌)
(5.11‌)
(0.87‌)
Total
distributions
—‌
(2.50‌)
(1.10‌)
(1.88‌)
(5.38‌)
(1.11‌)
NET
ASSET
VALUE
End
of
period
$
33.41‌
$
32.78‌
$
30.12‌
$
24.92‌
$
36.18‌
$
37.12‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
(Unaudited)
Financial
Highlights
3
For
a
share
outstanding
throughout
each
period
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
.
Ended
6/30/25
..
Year
..
..
Ended
.
12/31/24
12/31/23
12/31/22
12/31/21
12/31/20
Ratios/Supplemental
Data
Total
return
(2)(3)
1.92‌%
16.67‌%
25.35‌%
(26.00‌)%
12.31‌%
30.82‌%
Ratios
to
average
net
assets:
(2)
Gross
expenses
before
waivers/
payments
by
Price
Associates
0.24‌%
(4)
0.24‌%
0.25‌%
0.26‌%
0.30‌%
0.35‌%
Net
expenses
after
waivers/
payments
by
Price
Associates
0.24‌%
(4)
0.24‌%
0.25‌%
0.25‌%
0.30‌%
0.35‌%
Net
investment
income
0.87‌%
(4)
0.99‌%
1.16‌%
1.01‌%
0.66‌%
0.83‌%
Portfolio
turnover
rate
4.1‌%
11.8‌%
13.3‌%
13.7‌%
36.7‌%
35.9‌%
Net
assets,
end
of
period
(in
thousands)
$986,469
$1,011,977
$953,770
$826,200
$1,281,380
$1,161,458
0‌%
0‌%
0‌%
0‌%
0‌%
0‌%
(1)
Per
share
amounts
calculated
using
average
shares
outstanding
method.
(2)
Includes
the
impact
of
expense-related
arrangements
with
Price
Associates.
(3)
Total
return
reflects
the
rate
that
an
investor
would
have
earned
on
an
investment
in
the
fund
during
each
period,
assuming
reinvestment
of
all
distributions,
and
payment
of
no
redemption
or
account
fees,
if
applicable.
Total
return
is
not
annualized
for
periods
less
than
one
year.
(4)
Annualized
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
June
30,
2025
(Unaudited)
4
Portfolio
of
Investments
Shares/Par
$
Value
(Cost
and
value
in
$000s)
COMMON
STOCKS
 99.3%
COMMUNICATION
SERVICES
 4.5%
Diversified
Telecommunication
Services
 0.5%
AST
SpaceMobile (1)
21,418‌
1,001‌
Cogent
Communications
Holdings 
6,476‌
312‌
Frontier
Communications
Parent (1)
26,052‌
948‌
GCI
Liberty,
Class
A,
EC (1)(2)
21,362‌
—‌
Globalstar (1)
9,226‌
217‌
IDT,
Class
4,278‌
292‌
Iridium
Communications 
17,509‌
528‌
Liberty
Global,
Class
A (1)
24,245‌
243‌
Liberty
Global,
Class
C (1)
18,680‌
193‌
Liberty
Latin
America,
Class
C (1)
15,146‌
94‌
Lumen
Technologies (1)
141,961‌
622‌
Shenandoah
Telecommunications 
16,721‌
229‌
4,679‌
Entertainment
 1.7%
AMC
Entertainment
Holdings,
Class
A (1)
51,181‌
159‌
Cinemark
Holdings 
13,640‌
412‌
Kartoon
Studios (1)
31,610‌
23‌
Liberty
Media
Corp-Liberty
Formula
One,
Class
A (1)
6,187‌
588‌
Liberty
Media
Corp-Liberty
Formula
One,
Class
C (1)
30,371‌
3,174‌
Liberty
Media
Corp-Liberty
Live,
Class
A (1)
2,414‌
192‌
Liberty
Media
Corp-Liberty
Live,
Class
C (1)
6,646‌
539‌
Lionsgate
Studios (1)
29,663‌
172‌
Madison
Square
Garden
Entertainment (1)
6,783‌
271‌
Madison
Square
Garden
Sports (1)
2,513‌
525‌
Playtika
Holding 
20,600‌
97‌
ROBLOX,
Class
A (1)
73,421‌
7,724‌
Roku (1)
16,734‌
1,471‌
Skillz (1)(3)
19,852‌
135‌
Sphere
Entertainment (1)(3)
6,818‌
285‌
Starz
Entertainment (1)
1,470‌
24‌
Warner
Music
Group,
Class
20,701‌
564‌
16,355‌
Interactive
Media
&
Services
 1.0%
Angi (1)
6,382‌
97‌
Cargurus (1)
14,001‌
469‌
Cars.com (1)
12,320‌
146‌
fuboTV (1)
60,300‌
233‌
IAC (1)
6,234‌
233‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
5
Shares/Par
$
Value
(Cost
and
value
in
$000s)
MediaAlpha,
Class
A (1)
7,794‌
85‌
Pinterest,
Class
A (1)
86,226‌
3,092‌
Reddit,
Class
A (1)
14,578‌
2,195‌
Rumble (1)
17,800‌
160‌
Shutterstock 
5,900‌
112‌
Snap,
Class
A (1)
144,220‌
1,253‌
TripAdvisor (1)
12,900‌
168‌
TrueCar (1)
86,625‌
165‌
Trump
Media
&
Technology
Group (1)
13,035‌
235‌
Vimeo (1)
40,596‌
164‌
Yelp (1)
7,192‌
246‌
Ziff
Davis (1)
4,444‌
135‌
ZoomInfo
Technologies (1)
30,733‌
311‌
9,499‌
Media
 1.2%
Cable
One 
535‌
73‌
Cardlytics (1)
23,734‌
39‌
Clear
Channel
Outdoor
Holdings (1)
123,500‌
145‌
DoubleVerify
Holdings (1)
27,954‌
419‌
EchoStar,
Class
A (1)
17,827‌
494‌
EW
Scripps,
Class
A (1)
25,545‌
75‌
Gray
Media 
31,300‌
142‌
Ibotta,
Class
A (1)(3)
2,386‌
87‌
John
Wiley
&
Sons,
Class
7,356‌
328‌
Liberty
Broadband,
Class
A (1)
3,286‌
321‌
Liberty
Broadband,
Class
C (1)
15,760‌
1,551‌
Magnite (1)
17,700‌
427‌
New
York
Times,
Class
20,326‌
1,138‌
Nexstar
Media
Group 
4,269‌
738‌
PubMatic,
Class
A (1)
13,200‌
164‌
Sinclair 
11,410‌
158‌
Sirius
XM
Holdings 
25,624‌
589‌
TechTarget (1)
8,000‌
62‌
TEGNA 
22,036‌
369‌
Thryv
Holdings (1)
11,122‌
135‌
Trade
Desk,
Class
A (1)
59,959‌
4,316‌
11,770‌
Wireless
Telecommunication
Services
 0.1%
Gogo (1)(3)
18,063‌
265‌
Telephone
&
Data
Systems 
14,570‌
518‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
6
Shares/Par
$
Value
(Cost
and
value
in
$000s)
United
States
Cellular (1)
2,857‌
183‌
966‌
Total
Communication
Services
43,269‌
CONSUMER
DISCRETIONARY
 10.8%
Automobile
Components
 0.9%
Adient (1)
14,100‌
274‌
Autoliv 
11,062‌
1,238‌
BorgWarner 
22,008‌
737‌
Dana 
21,572‌
370‌
Dorman
Products (1)
3,907‌
479‌
Fox
Factory
Holding (1)
6,800‌
176‌
Gentex 
28,146‌
619‌
Gentherm (1)
6,000‌
170‌
Goodyear
Tire
&
Rubber (1)
39,435‌
409‌
LCI
Industries 
4,295‌
392‌
Lear 
6,261‌
595‌
Mobileye
Global,
Class
A (1)(3)
12,804‌
230‌
Modine
Manufacturing (1)
7,276‌
717‌
Motorcar
Parts
of
America (1)
11,900‌
133‌
Patrick
Industries 
5,545‌
512‌
Phinia 
6,482‌
288‌
QuantumScape (1)(3)
52,862‌
355‌
Standard
Motor
Products 
5,388‌
166‌
Stoneridge (1)
21,236‌
150‌
Superior
Industries
International (1)(3)
15,200‌
2‌
Visteon (1)
4,292‌
400‌
XPEL (1)
3,800‌
136‌
8,548‌
Automobiles
 0.3%
Harley-Davidson 
17,135‌
405‌
Lucid
Group (1)(3)
160,158‌
338‌
Rivian
Automotive,
Class
A (1)
88,377‌
1,214‌
Thor
Industries (3)
7,514‌
667‌
Winnebago
Industries 
3,781‌
110‌
2,734‌
Broadline
Retail
 0.3%
Dillard's,
Class
A (3)
400‌
167‌
Etsy (1)
13,220‌
663‌
Kohl's 
22,042‌
187‌
Macy's 
36,858‌
430‌
Ollie's
Bargain
Outlet
Holdings (1)
8,767‌
1,155‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
7
Shares/Par
$
Value
(Cost
and
value
in
$000s)
2,602‌
Distributors
 0.0%
A-Mark
Precious
Metals 
4,771‌
106‌
106‌
Diversified
Consumer
Services
 1.2%
ADT 
36,484‌
309‌
Adtalem
Global
Education (1)
6,276‌
799‌
Bright
Horizons
Family
Solutions (1)
7,692‌
951‌
Carriage
Services 
6,600‌
302‌
Clear
Secure,
Class
14,457‌
401‌
Duolingo (1)
5,688‌
2,332‌
Frontdoor (1)
10,887‌
642‌
Graham
Holdings,
Class
340‌
322‌
Grand
Canyon
Education (1)
4,386‌
829‌
H&R
Block 
20,045‌
1,100‌
Laureate
Education (1)
23,158‌
541‌
Service
Corp.
International 
22,831‌
1,858‌
Strategic
Education 
4,020‌
342‌
Stride (1)
5,978‌
868‌
11,596‌
Hotels,
Restaurants
&
Leisure
 3.2%
Aramark 
38,732‌
1,622‌
BJ's
Restaurants (1)
2,975‌
133‌
Bloomin'
Brands 
17,943‌
154‌
Boyd
Gaming 
10,092‌
789‌
Brinker
International (1)
5,440‌
981‌
Canterbury
Park
Holding 
6,213‌
119‌
Cava
Group (1)
11,076‌
933‌
Cheesecake
Factory (3)
5,240‌
328‌
Choice
Hotels
International (3)
2,330‌
296‌
Churchill
Downs 
9,598‌
969‌
Cracker
Barrel
Old
Country
Store (3)
3,300‌
202‌
Dave
&
Buster's
Entertainment (1)
6,800‌
205‌
Denny's (1)
34,865‌
143‌
Dine
Brands
Global 
5,000‌
122‌
DraftKings,
Class
A (1)
70,961‌
3,043‌
Dutch
Bros,
Class
A (1)
15,459‌
1,057‌
Everi
Holdings (1)
18,600‌
265‌
Flutter
Entertainment (1)
23,417‌
6,692‌
Hilton
Grand
Vacations (1)
8,961‌
372‌
Hyatt
Hotels,
Class
5,790‌
809‌
Jack
in
the
Box (3)
4,600‌
80‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
8
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Life
Time
Group
Holdings (1)
15,302‌
464‌
Light
&
Wonder (1)
12,586‌
1,212‌
Marriott
Vacations
Worldwide 
4,752‌
344‌
Papa
John's
International 
4,945‌
242‌
Penn
Entertainment (1)
22,081‌
395‌
Planet
Fitness,
Class
A (1)
12,872‌
1,404‌
Pursuit
Attractions
and
Hospitality (1)
7,325‌
211‌
Red
Robin
Gourmet
Burgers (1)(3)
23,500‌
136‌
Red
Rock
Resorts,
Class
7,631‌
397‌
Sabre (1)
56,100‌
177‌
Shake
Shack,
Class
A (1)
4,585‌
645‌
Six
Flags
Entertainment 
11,051‌
336‌
Sweetgreen,
Class
A (1)
13,752‌
205‌
Texas
Roadhouse 
8,710‌
1,632‌
Travel
+
Leisure 
10,868‌
561‌
United
Parks
&
Resorts (1)(3)
4,767‌
225‌
Vail
Resorts (3)
4,374‌
687‌
Wendy's 
31,039‌
354‌
Wingstop 
4,562‌
1,536‌
Wyndham
Hotels
&
Resorts 
8,575‌
696‌
31,173‌
Household
Durables
 1.2%
Cavco
Industries (1)
1,213‌
527‌
Century
Communities 
3,065‌
173‌
Champion
Homes (1)
7,259‌
454‌
Cricut,
Class
13,400‌
91‌
Flexsteel
Industries (3)
2,994‌
108‌
GoPro,
Class
A (1)
128,800‌
98‌
Green
Brick
Partners (1)
5,708‌
359‌
Helen
of
Troy (1)
3,300‌
94‌
Hovnanian
Enterprises,
Class
A (1)
1,384‌
145‌
Installed
Building
Products 
3,887‌
701‌
iRobot (1)
14,700‌
46‌
KB
Home 
9,407‌
498‌
La-Z-Boy 
7,961‌
296‌
Leggett
&
Platt 
11,147‌
99‌
LGI
Homes (1)
3,930‌
202‌
Lovesac (1)
5,600‌
102‌
M/I
Homes (1)
3,260‌
365‌
Meritage
Homes 
8,500‌
569‌
Newell
Brands 
46,505‌
251‌
Somnigroup
International 
24,181‌
1,645‌
Sonos (1)
21,901‌
237‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
9
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Taylor
Morrison
Home (1)
11,488‌
706‌
Toll
Brothers 
13,377‌
1,527‌
TopBuild (1)
3,992‌
1,292‌
Tri
Pointe
Homes (1)
16,119‌
515‌
Universal
Electronics (1)
15,100‌
100‌
Whirlpool 
5,630‌
571‌
11,771‌
Leisure
Products
 0.3%
Acushnet
Holdings (3)
5,075‌
369‌
Brunswick 
7,663‌
423‌
Funko,
Class
A (1)
10,100‌
48‌
Malibu
Boats,
Class
A (1)(3)
4,300‌
135‌
Marine
Products (3)
11,600‌
99‌
Mattel (1)
46,731‌
921‌
Peloton
Interactive,
Class
A (1)
49,131‌
341‌
Polaris 
8,209‌
334‌
Topgolf
Callaway
Brands (1)
17,500‌
141‌
YETI
Holdings (1)
13,451‌
424‌
3,235‌
Specialty
Retail
 2.8%
Abercrombie
&
Fitch,
Class
A (1)
6,976‌
578‌
Academy
Sports
&
Outdoors 
10,803‌
484‌
Advance
Auto
Parts 
10,436‌
485‌
American
Eagle
Outfitters 
12,577‌
121‌
Asbury
Automotive
Group (1)
2,421‌
578‌
AutoNation (1)
3,194‌
634‌
Bath
&
Body
Works 
35,413‌
1,061‌
Boot
Barn
Holdings (1)
4,782‌
727‌
Burlington
Stores (1)
9,673‌
2,250‌
Caleres (3)
6,430‌
79‌
Carvana (1)
17,165‌
5,784‌
Chewy,
Class
A (1)
21,582‌
920‌
Dick's
Sporting
Goods 
6,788‌
1,343‌
Five
Below (1)
8,524‌
1,118‌
Floor
&
Decor
Holdings,
Class
A (1)
16,171‌
1,228‌
Foot
Locker (1)
12,756‌
313‌
GameStop,
Class
A (1)
55,355‌
1,350‌
Gap 
25,858‌
564‌
Genesco (1)
5,100‌
100‌
Group
1
Automotive 
2,103‌
918‌
Guess? (3)
8,920‌
108‌
Lithia
Motors 
3,192‌
1,078‌
Monro (3)
7,100‌
106‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
10
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Murphy
USA 
2,631‌
1,070‌
National
Vision
Holdings (1)
15,322‌
353‌
ODP (1)
8,312‌
151‌
Penske
Automotive
Group 
2,304‌
396‌
PetMed
Express (1)(3)
38,500‌
128‌
RealReal (1)(3)
24,400‌
117‌
Revolve
Group (1)
8,700‌
174‌
RH (1)
2,394‌
452‌
Sally
Beauty
Holdings (1)
15,300‌
142‌
Signet
Jewelers 
6,243‌
497‌
Sleep
Number (1)(3)
7,500‌
51‌
Sonic
Automotive,
Class
2,562‌
205‌
Stitch
Fix,
Class
A (1)
33,100‌
122‌
Upbound
Group 
7,450‌
187‌
Urban
Outfitters (1)
6,700‌
486‌
Valvoline (1)
20,044‌
759‌
Victoria's
Secret (1)
9,624‌
178‌
Wayfair,
Class
A (1)(3)
13,255‌
678‌
28,073‌
Textiles,
Apparel
&
Luxury
Goods
 0.6%
Capri
Holdings (1)
14,840‌
263‌
Carter's 
5,889‌
177‌
Columbia
Sportswear 
3,462‌
211‌
Crocs (1)
7,772‌
787‌
Figs,
Class
A (1)
19,600‌
111‌
G-III
Apparel
Group (1)
9,000‌
202‌
Hanesbrands (1)
33,306‌
152‌
Kontoor
Brands 
6,756‌
446‌
Levi
Strauss,
Class
4,202‌
78‌
Movado
Group 
6,705‌
102‌
Oxford
Industries 
2,200‌
89‌
PVH 
5,982‌
410‌
Skechers
USA,
Class
A (1)
15,986‌
1,009‌
Steven
Madden 
9,656‌
232‌
Superior
Group 
12,443‌
128‌
Under
Armour,
Class
A (1)(3)
18,600‌
127‌
Under
Armour,
Class
C (1)
20,100‌
130‌
Vera
Bradley (1)
35,500‌
78‌
VF 
47,329‌
556‌
Wolverine
World
Wide 
15,200‌
275‌
5,563‌
Total
Consumer
Discretionary
105,401‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
11
Shares/Par
$
Value
(Cost
and
value
in
$000s)
CONSUMER
STAPLES
 2.9%
Beverages
 0.3%
Boston
Beer,
Class
A (1)
1,200‌
229‌
Celsius
Holdings (1)
22,632‌
1,050‌
Coca-Cola
Consolidated 
8,720‌
973‌
National
Beverage (1)
3,696‌
160‌
Primo
Brands 
27,172‌
805‌
Willamette
Valley
Vineyards (1)
10,850‌
60‌
3,277‌
Consumer
Staples
Distribution
&
Retail
 1.5%
Albertsons,
Class
44,631‌
960‌
Andersons 
7,287‌
268‌
BJ's
Wholesale
Club
Holdings (1)
17,934‌
1,934‌
Casey's
General
Stores 
5,168‌
2,637‌
Chefs'
Warehouse (1)
5,300‌
338‌
Grocery
Outlet
Holding (1)
14,532‌
180‌
Ingles
Markets,
Class
3,900‌
247‌
Maplebear (1)
22,502‌
1,018‌
Performance
Food
Group (1)
20,452‌
1,789‌
PriceSmart 
3,450‌
362‌
SpartanNash 
10,226‌
271‌
Sprouts
Farmers
Market (1)
14,021‌
2,308‌
U.S.
Foods
Holding (1)
30,626‌
2,359‌
United
Natural
Foods (1)
9,300‌
217‌
14,888‌
Food
Products
 0.7%
B&G
Foods (3)
24,200‌
102‌
Calavo
Growers 
7,863‌
209‌
Cal-Maine
Foods 
5,843‌
582‌
Darling
Ingredients (1)
18,236‌
692‌
Flowers
Foods 
33,083‌
529‌
Fresh
Del
Monte
Produce 
8,200‌
266‌
Freshpet (1)
5,830‌
396‌
Hain
Celestial
Group (1)
28,500‌
43‌
Ingredion 
8,072‌
1,095‌
J
&
J
Snack
Foods 
2,740‌
311‌
John
B.
Sanfilippo
&
Son 
2,942‌
186‌
Lancaster
Colony 
2,417‌
418‌
Pilgrim's
Pride 
6,387‌
287‌
Post
Holdings (1)
6,155‌
671‌
Simply
Good
Foods (1)
14,785‌
467‌
TreeHouse
Foods (1)
7,943‌
154‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
12
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Utz
Brands 
15,300‌
192‌
Vital
Farms (1)
5,400‌
208‌
6,808‌
Household
Products
 0.1%
Central
Garden
&
Pet (1)
4,813‌
169‌
Central
Garden
&
Pet,
Class
A (1)
10,652‌
333‌
Energizer
Holdings 
9,250‌
187‌
Spectrum
Brands
Holdings 
3,493‌
185‌
WD-40 
2,193‌
500‌
1,374‌
Personal
Care
Products
 0.3%
Beauty
Health (1)(3)
59,338‌
113‌
BellRing
Brands (1)
17,142‌
993‌
Coty,
Class
A (1)
40,776‌
190‌
Edgewell
Personal
Care 
8,050‌
188‌
elf
Beauty (1)
8,399‌
1,045‌
Interparfums 
3,289‌
432‌
Lifevantage (3)
8,300‌
109‌
Nu
Skin
Enterprises,
Class
15,316‌
122‌
USANA
Health
Sciences (1)
5,200‌
159‌
3,351‌
Tobacco
 0.0%
Universal 
3,808‌
222‌
222‌
Total
Consumer
Staples
29,920‌
ENERGY
 3.7%
Energy
Equipment
&
Services
 0.9%
Archrock 
21,788‌
541‌
Atlas
Energy
Solutions (3)
9,736‌
130‌
Cactus,
Class
6,981‌
305‌
ChampionX 
22,501‌
559‌
DMC
Global (1)
8,000‌
64‌
Expro
Group
Holdings (1)
23,809‌
204‌
Flowco
Holdings,
Class
9,188‌
164‌
Forum
Energy
Technologies (1)
5,499‌
107‌
Helix
Energy
Solutions
Group (1)
15,300‌
95‌
Helmerich
&
Payne 
13,926‌
211‌
Kodiak
Gas
Services 
9,927‌
340‌
Liberty
Energy 
23,880‌
274‌
Mammoth
Energy
Services (1)
29,900‌
84‌
Nabors
Industries (1)(3)
3,100‌
87‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
13
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Noble 
11,854‌
315‌
NOV 
37,575‌
467‌
Oceaneering
International (1)
15,768‌
327‌
Oil
States
International (1)
23,678‌
127‌
Patterson-UTI
Energy 
48,051‌
285‌
Solaris
Energy
Infrastructure 
3,369‌
95‌
TechnipFMC 
65,697‌
2,263‌
TETRA
Technologies (1)
30,241‌
102‌
Tidewater (1)
11,184‌
516‌
Transocean (1)(3)
105,220‌
273‌
Valaris (1)
7,900‌
333‌
Weatherford
International 
14,014‌
705‌
8,973‌
Oil,
Gas
&
Consumable
Fuels
 2.8%
Antero
Midstream 
41,150‌
780‌
Antero
Resources (1)
34,645‌
1,395‌
California
Resources 
11,159‌
510‌
Centrus
Energy,
Class
A (1)(3)
3,293‌
603‌
Cheniere
Energy 
29,664‌
7,224‌
Chord
Energy 
6,670‌
646‌
Civitas
Resources 
8,508‌
234‌
CNX
Resources (1)
19,445‌
655‌
Comstock
Resources (1)
14,200‌
393‌
Core
Natural
Resources 
7,865‌
549‌
Crescent
Energy,
Class
15,920‌
137‌
CVR
Energy 
7,000‌
188‌
Delek
U.S.
Holdings 
12,107‌
256‌
Dorian
LPG 
7,169‌
175‌
DT
Midstream 
11,438‌
1,257‌
Green
Plains (1)
29,600‌
178‌
Gulfport
Energy (1)
1,864‌
375‌
HF
Sinclair 
26,014‌
1,069‌
International
Seaways 
5,000‌
182‌
Kinetik
Holdings 
2,016‌
89‌
Kosmos
Energy (1)(3)
50,220‌
86‌
Magnolia
Oil
&
Gas,
Class
28,971‌
651‌
Matador
Resources 
16,689‌
796‌
Murphy
Oil 
15,571‌
350‌
Northern
Oil
&
Gas (3)
11,268‌
319‌
Ovintiv 
38,149‌
1,452‌
Par
Pacific
Holdings (1)
11,000‌
292‌
PBF
Energy,
Class
15,346‌
333‌
Peabody
Energy 
16,937‌
227‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
14
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Permian
Resources 
104,386‌
1,422‌
Range
Resources 
36,100‌
1,468‌
REX
American
Resources (1)
3,955‌
193‌
Ring
Energy (1)
95,600‌
76‌
SandRidge
Energy 
19,885‌
215‌
Sitio
Royalties,
Class
12,500‌
230‌
SM
Energy 
18,058‌
446‌
Talos
Energy (1)
14,800‌
126‌
Uranium
Energy (1)
95,617‌
650‌
Viper
Energy 
22,983‌
876‌
Vitesse
Energy 
6,283‌
139‌
World
Kinect 
10,990‌
312‌
27,554‌
Total
Energy
36,527‌
FINANCIALS
 18.1%
Banks
 5.9%
1st
Source 
5,161‌
320‌
Amalgamated
Financial 
7,504‌
234‌
Ameris
Bancorp 
10,063‌
651‌
Arrow
Financial 
11,310‌
299‌
Associated
Banc-Corp 
28,723‌
701‌
Atlantic
Union
Bankshares 
17,536‌
549‌
Axos
Financial (1)
8,369‌
636‌
Banc
of
California 
22,247‌
313‌
BancFirst 
2,817‌
348‌
Bancorp (1)
7,786‌
444‌
Bank
of
Hawaii (3)
5,166‌
349‌
Bank
OZK 
14,870‌
700‌
BankUnited 
15,959‌
568‌
Banner 
4,471‌
287‌
Berkshire
Hills
Bancorp 
10,741‌
269‌
BOK
Financial 
4,052‌
396‌
Brookline
Bancorp 
22,331‌
236‌
Cadence
Bank 
20,783‌
665‌
Capitol
Federal
Financial 
20,644‌
126‌
Cathay
General
Bancorp 
7,294‌
332‌
City
Holding 
2,357‌
289‌
Columbia
Banking
System 
28,993‌
678‌
Comerica 
14,848‌
886‌
Commerce
Bancshares 
13,705‌
852‌
Community
Financial
System 
9,592‌
545‌
ConnectOne
Bancorp 
11,183‌
259‌
Cullen/Frost
Bankers 
8,450‌
1,086‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
15
Shares/Par
$
Value
(Cost
and
value
in
$000s)
CVB
Financial 
26,609‌
527‌
Dime
Community
Bancshares 
8,900‌
240‌
East
West
Bancorp 
20,640‌
2,084‌
Eastern
Bankshares 
28,895‌
441‌
Enterprise
Financial
Services 
4,053‌
223‌
First
Bancorp
North
Carolina 
8,897‌
392‌
First
BanCorp
Puerto
Rico 
36,988‌
770‌
First
Busey 
13,229‌
303‌
First
Citizens
BancShares,
Class
1,390‌
2,719‌
First
Commonwealth
Financial 
17,900‌
291‌
First
Community
Bankshares 
7,164‌
281‌
First
Financial 
6,317‌
342‌
First
Financial
Bancorp 
13,000‌
315‌
First
Financial
Bankshares 
19,107‌
687‌
First
Hawaiian 
14,873‌
371‌
First
Horizon 
72,942‌
1,546‌
First
Interstate
BancSystem,
Class
12,919‌
372‌
First
Merchants 
10,972‌
420‌
First
United 
7,901‌
245‌
Flagstar
Financial 
36,777‌
390‌
Flushing
Financial 
19,125‌
227‌
FNB 
38,112‌
556‌
Fulton
Financial 
28,578‌
516‌
German
American
Bancorp 
9,715‌
374‌
Glacier
Bancorp 
15,455‌
666‌
Hancock
Whitney 
12,355‌
709‌
Hilltop
Holdings 
6,936‌
210‌
Home
BancShares 
20,125‌
573‌
HomeStreet (1)
8,965‌
117‌
Hope
Bancorp 
25,700‌
276‌
Independent
Bank 
6,665‌
419‌
International
Bancshares 
7,972‌
531‌
Kearny
Financial 
29,937‌
193‌
Lakeland
Financial 
3,457‌
212‌
Live
Oak
Bancshares 
6,400‌
191‌
Metropolitan
Bank
Holding (1)
4,700‌
329‌
MVB
Financial 
8,608‌
194‌
National
Bank
Holdings,
Class
8,984‌
338‌
NBT
Bancorp 
6,411‌
266‌
Nicolet
Bankshares 
3,393‌
419‌
Northrim
BanCorp 
2,382‌
222‌
Northwest
Bancshares 
24,083‌
308‌
OceanFirst
Financial 
16,200‌
285‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
16
Shares/Par
$
Value
(Cost
and
value
in
$000s)
OFG
Bancorp 
12,892‌
552‌
Old
National
Bancorp 
32,815‌
700‌
Pacific
Premier
Bancorp 
15,841‌
334‌
Park
National 
2,436‌
407‌
Peapack-Gladstone
Financial 
8,257‌
233‌
Peoples
Bancorp 
9,913‌
303‌
Pinnacle
Financial
Partners 
8,927‌
986‌
Popular 
12,406‌
1,367‌
Preferred
Bank 
3,072‌
266‌
Prosperity
Bancshares 
12,713‌
893‌
Provident
Bancorp (1)
20,500‌
256‌
Provident
Financial
Services 
16,823‌
295‌
Renasant 
10,633‌
382‌
S&T
Bancorp 
9,203‌
348‌
Seacoast
Banking 
11,639‌
321‌
ServisFirst
Bancshares 
8,269‌
641‌
Simmons
First
National,
Class
16,979‌
322‌
Southside
Bancshares 
8,690‌
256‌
SouthState 
10,953‌
1,008‌
Stock
Yards
Bancorp 
5,580‌
441‌
Synovus
Financial 
22,400‌
1,159‌
Texas
Capital
Bancshares (1)
8,967‌
712‌
Tompkins
Financial 
4,323‌
271‌
Towne
Bank 
15,145‌
518‌
TriCo
Bancshares 
7,900‌
320‌
Triumph
Financial (1)
1,765‌
97‌
TrustCo
Bank 
9,032‌
302‌
Trustmark 
12,953‌
472‌
UMB
Financial 
8,192‌
861‌
United
Bankshares 
22,019‌
802‌
United
Community
Banks 
16,137‌
481‌
Univest
Financial 
9,560‌
287‌
Valley
National
Bancorp 
45,219‌
404‌
Veritex
Holdings 
9,000‌
235‌
WaFd 
5,368‌
157‌
Washington
Trust
Bancorp 
5,962‌
169‌
Webster
Financial 
29,015‌
1,584‌
WesBanco 
13,991‌
443‌
West
BanCorp 
11,601‌
228‌
Westamerica
BanCorp 
5,346‌
259‌
Western
Alliance
Bancorp 
18,587‌
1,449‌
Western
New
England
Bancorp 
20,663‌
191‌
Wintrust
Financial 
8,340‌
1,034‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
17
Shares/Par
$
Value
(Cost
and
value
in
$000s)
WSFS
Financial 
8,518‌
468‌
Zions
Bancorp 
17,153‌
891‌
58,213‌
Capital
Markets
 4.6%
Affiliated
Managers
Group 
3,688‌
726‌
Ares
Management,
Class
28,280‌
4,898‌
Artisan
Partners
Asset
Management,
Class
9,764‌
433‌
BGC
Group,
Class
49,221‌
504‌
Blue
Owl
Capital 
63,261‌
1,215‌
Carlyle
Group 
27,714‌
1,425‌
Cohen
&
Steers 
3,200‌
241‌
DigitalBridge
Group 
22,800‌
236‌
Donnelley
Financial
Solutions (1)
5,165‌
318‌
Evercore,
Class
5,290‌
1,428‌
Federated
Hermes 
14,447‌
640‌
Galaxy
Digital,
Class
A (1)
11,578‌
254‌
Hamilton
Lane,
Class
6,522‌
927‌
Houlihan
Lokey 
7,290‌
1,312‌
Interactive
Brokers
Group,
Class
58,452‌
3,239‌
Janus
Henderson
Group 
18,652‌
724‌
Jefferies
Financial
Group 
19,593‌
1,072‌
Lazard 
18,495‌
887‌
LPL
Financial
Holdings 
10,441‌
3,915‌
Moelis,
Class
6,366‌
397‌
Morningstar 
3,695‌
1,160‌
Piper
Sandler 
2,542‌
707‌
PJT
Partners,
Class
2,524‌
417‌
Robinhood
Markets,
Class
A (1)
96,663‌
9,051‌
SEI
Investments 
10,743‌
965‌
StepStone
Group,
Class
10,977‌
609‌
Stifel
Financial 
12,682‌
1,316‌
StoneX
Group (1)
8,857‌
807‌
TPG 
19,128‌
1,003‌
Tradeweb
Markets,
Class
17,858‌
2,614‌
Victory
Capital
Holdings,
Class
3,629‌
231‌
Virtu
Financial,
Class
13,247‌
593‌
Virtus
Investment
Partners 
2,122‌
385‌
WisdomTree (3)
25,737‌
296‌
44,945‌
Consumer
Finance
 1.0%
Ally
Financial 
33,289‌
1,297‌
Bread
Financial
Holdings 
6,887‌
393‌
Credit
Acceptance (1)(3)
900‌
459‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
18
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Encore
Capital
Group (1)
5,000‌
194‌
Enova
International (1)
3,339‌
372‌
EZCORP,
Class
A (1)
17,751‌
246‌
FirstCash
Holdings 
4,824‌
652‌
Green
Dot,
Class
A (1)
21,900‌
236‌
Navient 
20,000‌
282‌
Nelnet,
Class
810‌
98‌
NerdWallet,
Class
A (1)
10,979‌
120‌
OneMain
Holdings 
17,743‌
1,011‌
PRA
Group (1)
6,206‌
92‌
PROG
Holdings 
8,919‌
262‌
SLM 
32,700‌
1,072‌
SoFi
Technologies (1)
148,866‌
2,711‌
Upstart
Holdings (1)
11,382‌
736‌
10,233‌
Financial
Services
 2.8%
Affirm
Holdings (1)
35,753‌
2,472‌
AvidXchange
Holdings (1)
24,900‌
244‌
Block (1)
79,604‌
5,408‌
Cannae
Holdings 
9,900‌
206‌
Corebridge
Financial 
42,576‌
1,511‌
Equitable
Holdings 
47,052‌
2,640‌
Essent
Group 
14,443‌
877‌
Euronet
Worldwide (1)
6,167‌
625‌
EVERTEC 
12,731‌
459‌
Federal
Agricultural
Mortgage,
Class
1,802‌
350‌
Flywire (1)
15,129‌
177‌
HA
Sustainable
Infrastructure
Capital (3)
15,050‌
404‌
Jackson
Financial,
Class
7,750‌
688‌
Marqeta,
Class
A (1)
69,277‌
404‌
MGIC
Investment 
28,322‌
788‌
Mr.
Cooper
Group (1)
9,616‌
1,435‌
NCR
Atleos (1)
8,560‌
244‌
NMI
Holdings,
Class
A (1)
5,811‌
245‌
Onity
Group (1)
4,762‌
182‌
Payoneer
Global (1)
64,779‌
444‌
PennyMac
Financial
Services 
4,095‌
408‌
Radian
Group 
15,703‌
566‌
Remitly
Global (1)
22,842‌
429‌
Rocket,
Class
A (3)
22,699‌
322‌
Shift4
Payments,
Class
A (1)(3)
8,698‌
862‌
Toast,
Class
A (1)
56,644‌
2,509‌
Voya
Financial 
17,101‌
1,214‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
19
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Walker
&
Dunlop 
4,982‌
351‌
Western
Union 
50,039‌
421‌
WEX (1)
4,889‌
718‌
27,603‌
Insurance
 3.1%
Ambac
Financial
Group (1)
14,700‌
104‌
American
Financial
Group 
8,879‌
1,121‌
Assured
Guaranty 
8,838‌
770‌
Axis
Capital
Holdings 
12,862‌
1,335‌
Baldwin
Insurance
Group (1)
9,351‌
400‌
Bowhead
Specialty
Holdings (1)
4,500‌
169‌
Brighthouse
Financial (1)
9,283‌
499‌
CNA
Financial 
518‌
24‌
CNO
Financial
Group 
18,631‌
719‌
eHealth (1)
9,700‌
42‌
Enstar
Group (1)
1,393‌
468‌
Fidelity
National
Financial 
31,991‌
1,793‌
First
American
Financial 
14,377‌
883‌
Genworth
Financial (1)
79,006‌
615‌
Goosehead
Insurance,
Class
908‌
96‌
Hanover
Insurance
Group 
6,691‌
1,137‌
Hippo
Holdings (1)
6,500‌
181‌
Horace
Mann
Educators 
8,351‌
359‌
James
River
Group
Holdings 
28,500‌
167‌
Kemper 
10,111‌
653‌
Kinsale
Capital
Group 
2,820‌
1,365‌
Lemonade (1)(3)
10,100‌
442‌
Lincoln
National 
16,326‌
565‌
Markel
Group (1)
1,623‌
3,242‌
MBIA (1)
22,000‌
95‌
Mercury
General 
5,590‌
376‌
Old
Republic
International 
27,671‌
1,064‌
Palomar
Holdings (1)
4,755‌
733‌
Primerica 
4,797‌
1,313‌
ProAssurance (1)
13,640‌
311‌
Reinsurance
Group
of
America 
7,848‌
1,557‌
RenaissanceRe
Holdings 
7,852‌
1,907‌
RLI 
8,194‌
592‌
Root,
Class
A (1)
1,305‌
167‌
Ryan
Specialty
Holdings 
12,552‌
853‌
Safety
Insurance
Group 
3,486‌
277‌
Selective
Insurance
Group 
6,712‌
582‌
Skyward
Specialty
Insurance
Group (1)
7,589‌
439‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
20
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Stewart
Information
Services 
4,480‌
292‌
TWFG (1)
8,086‌
283‌
United
Fire
Group 
8,838‌
254‌
Unum
Group 
19,620‌
1,584‌
White
Mountains
Insurance
Group 
307‌
551‌
30,379‌
Mortgage
Real
Estate
Investment
Trusts
 0.7%
ACRES
Commercial
Realty,
REIT (1)(3)
13,145‌
236‌
AGNC
Investment,
REIT (3)
116,465‌
1,070‌
Annaly
Capital
Management,
REIT 
74,812‌
1,408‌
Apollo
Commercial
Real
Estate
Finance,
REIT 
8,500‌
82‌
Arbor
Realty
Trust,
REIT 
17,543‌
188‌
Ares
Commercial
Real
Estate,
REIT (3)
28,700‌
137‌
ARMOUR
Residential
REIT,
REIT 
4,100‌
69‌
Blackstone
Mortgage
Trust,
Class
A,
REIT 
16,827‌
324‌
BrightSpire
Capital,
REIT 
31,500‌
159‌
Cherry
Hill
Mortgage
Investment,
REIT 
44,762‌
122‌
Chimera
Investment,
REIT 
12,033‌
167‌
Claros
Mortgage
Trust,
REIT 
31,053‌
89‌
Ellington
Financial,
REIT 
14,005‌
182‌
Invesco
Mortgage
Capital,
REIT (3)
9,260‌
73‌
Ladder
Capital,
REIT 
27,500‌
296‌
MFA
Financial,
REIT 
28,122‌
266‌
PennyMac
Mortgage
Investment
Trust,
REIT 
21,600‌
278‌
Ready
Capital,
REIT (3)
13,636‌
60‌
Redwood
Trust,
REIT 
33,367‌
197‌
Rithm
Capital,
REIT 
80,906‌
913‌
Starwood
Property
Trust,
REIT 
31,262‌
627‌
TPG
RE
Finance
Trust,
REIT 
26,100‌
201‌
Two
Harbors
Investment,
REIT 
13,200‌
142‌
7,286‌
Total
Financials
178,659‌
HEALTH
CARE
 11.1%
Biotechnology
 4.9%
4D
Molecular
Therapeutics (1)
14,489‌
54‌
89bio (1)
17,700‌
174‌
ACADIA
Pharmaceuticals (1)
20,210‌
436‌
Adamas
Pharmaceuticals,
CVR (1)(2)
26,000‌
—‌
ADMA
Biologics (1)
31,982‌
582‌
Agios
Pharmaceuticals (1)
10,063‌
335‌
Akero
Therapeutics (1)
13,875‌
740‌
Aldeyra
Therapeutics (1)
26,091‌
100‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
21
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Alkermes (1)
30,434‌
871‌
Alnylam
Pharmaceuticals (1)
17,548‌
5,722‌
Amicus
Therapeutics (1)
39,357‌
226‌
AnaptysBio (1)(3)
2,639‌
59‌
Annovis
Bio (1)
4,800‌
10‌
Apellis
Pharmaceuticals (1)
15,453‌
268‌
Apogee
Therapeutics (1)
6,251‌
272‌
Arcellx (1)
6,335‌
417‌
Arcturus
Therapeutics
Holdings (1)
4,800‌
62‌
Arcus
Biosciences (1)
9,900‌
81‌
Ardelyx (1)
37,800‌
148‌
Arrowhead
Pharmaceuticals (1)
15,971‌
252‌
Avidity
Biosciences (1)
24,600‌
699‌
Beam
Therapeutics (1)
13,848‌
236‌
Bicara
Therapeutics (1)
5,596‌
52‌
Biohaven (1)
14,525‌
205‌
BioMarin
Pharmaceutical (1)
23,145‌
1,272‌
Blueprint
Medicines (1)
10,500‌
1,346‌
Bridgebio
Pharma (1)
18,742‌
809‌
C4
Therapeutics (1)
12,400‌
18‌
Cabaletta
Bio (1)
14,700‌
22‌
CareDx (1)
7,316‌
143‌
Cargo
Therapeutics (1)(3)
19,273‌
79‌
Catalyst
Pharmaceuticals (1)
13,333‌
289‌
Celldex
Therapeutics (1)
11,125‌
226‌
CG
oncology (1)
10,763‌
280‌
Cogent
Biosciences (1)
20,100‌
144‌
Corbus
Pharmaceuticals
Holdings (1)
3,672‌
25‌
Crinetics
Pharmaceuticals (1)
16,648‌
479‌
CRISPR
Therapeutics (1)(3)
8,260‌
402‌
Cullinan
Therapeutics (1)
12,384‌
93‌
Cytokinetics (1)
17,887‌
591‌
Day
One
Biopharmaceuticals (1)
17,862‌
116‌
Denali
Therapeutics (1)
20,345‌
285‌
Disc
Medicine (1)
3,324‌
176‌
Dyne
Therapeutics (1)
13,000‌
124‌
Editas
Medicine (1)(3)
12,600‌
28‌
Emergent
BioSolutions (1)
11,800‌
75‌
Entrada
Therapeutics (1)
8,620‌
58‌
Exact
Sciences (1)
28,907‌
1,536‌
Exelixis (1)
36,106‌
1,591‌
Generation
Bio (1)
39,365‌
13‌
Geron (1)
82,800‌
117‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
22
Shares/Par
$
Value
(Cost
and
value
in
$000s)
GRAIL (1)(3)
4,186‌
215‌
Halozyme
Therapeutics (1)
17,243‌
897‌
Ideaya
Biosciences (1)
12,922‌
272‌
IGM
Biosciences (1)
12,085‌
14‌
Immunome (1)(3)
19,722‌
183‌
Immunovant (1)(3)
7,911‌
127‌
Insmed (1)
27,431‌
2,761‌
Ionis
Pharmaceuticals (1)
24,659‌
974‌
Iovance
Biotherapeutics (1)(3)
38,034‌
65‌
Janux
Therapeutics (1)
5,605‌
129‌
Karyopharm
Therapeutics (1)(3)
10,886‌
47‌
Keros
Therapeutics (1)
9,371‌
125‌
Krystal
Biotech (1)
3,430‌
472‌
Kymera
Therapeutics (1)
10,400‌
454‌
Kyverna
Therapeutics (1)
16,677‌
51‌
Lyell
Immunopharma (1)
3,357‌
30‌
Madrigal
Pharmaceuticals (1)
2,677‌
810‌
MannKind (1)
30,592‌
114‌
Metsera (1)(3)
5,599‌
159‌
Mirum
Pharmaceuticals (1)
6,722‌
342‌
Monte
Rosa
Therapeutics (1)(3)
27,309‌
123‌
Mural
Oncology (1)
9,695‌
24‌
Myriad
Genetics (1)
12,396‌
66‌
Natera (1)
19,694‌
3,327‌
Neurocrine
Biosciences (1)
15,102‌
1,898‌
Novavax (1)(3)
20,257‌
128‌
Nurix
Therapeutics (1)
16,957‌
193‌
Nuvalent,
Class
A (1)
6,265‌
478‌
Oruka
Therapeutics (3)
7,171‌
80‌
Praxis
Precision
Medicines (1)
5,303‌
223‌
Protagonist
Therapeutics (1)
7,985‌
441‌
Prothena (1)
21,981‌
133‌
PTC
Therapeutics (1)
11,180‌
546‌
Recursion
Pharmaceuticals,
Class
A (1)(3)
34,100‌
173‌
REGENXBIO (1)
6,421‌
53‌
Relay
Therapeutics (1)
39,382‌
136‌
Replimune
Group (1)
23,934‌
222‌
Revolution
Medicines (1)
27,020‌
994‌
Rhythm
Pharmaceuticals (1)
7,300‌
461‌
Rocket
Pharmaceuticals (1)
14,196‌
35‌
Roivant
Sciences (1)
40,054‌
451‌
Sage
Therapeutics (1)
14,769‌
135‌
Sana
Biotechnology (1)(3)
22,300‌
61‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
23
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Sarepta
Therapeutics (1)
11,146‌
191‌
Scholar
Rock
Holding (1)
16,957‌
601‌
Sionna
Therapeutics (1)(3)
6,707‌
116‌
Soleno
Therapeutics (1)
6,961‌
583‌
SpringWorks
Therapeutics (1)
8,018‌
377‌
Spyre
Therapeutics (1)
8,942‌
134‌
Summit
Therapeutics (1)(3)
20,988‌
447‌
Syndax
Pharmaceuticals (1)
12,800‌
120‌
TG
Therapeutics (1)
18,203‌
655‌
Travere
Therapeutics (1)
10,200‌
151‌
Twist
Bioscience (1)
7,413‌
273‌
Ultragenyx
Pharmaceutical (1)
13,956‌
507‌
United
Therapeutics (1)
5,785‌
1,662‌
Vaxcyte (1)
16,927‌
550‌
Vera
Therapeutics (1)
12,389‌
292‌
Veracyte (1)
9,500‌
257‌
Vericel (1)
5,805‌
247‌
Viking
Therapeutics (1)(3)
14,526‌
385‌
Viridian
Therapeutics (1)
7,900‌
110‌
Voyager
Therapeutics (1)
17,600‌
55‌
Xencor (1)
20,736‌
163‌
Zentalis
Pharmaceuticals (1)
23,376‌
27‌
48,863‌
Health
Care
Equipment
&
Supplies
 1.6%
Artivion (1)
11,550‌
359‌
AtriCure (1)
9,700‌
318‌
Avanos
Medical (1)
9,042‌
111‌
Beta
Bionics (1)
4,758‌
69‌
Butterfly
Network (1)
45,300‌
91‌
Cerus (1)
83,800‌
118‌
ClearPoint
Neuro (1)
11,400‌
136‌
CONMED 
4,941‌
257‌
DENTSPLY
SIRONA 
33,855‌
538‌
Embecta 
9,800‌
95‌
Enovis (1)
7,790‌
244‌
Envista
Holdings (1)
23,543‌
460‌
Glaukos (1)
5,910‌
610‌
Globus
Medical,
Class
A (1)
16,241‌
959‌
Haemonetics (1)
6,774‌
505‌
ICU
Medical (1)
2,810‌
371‌
Inogen (1)
17,500‌
123‌
Inspire
Medical
Systems (1)
4,081‌
530‌
Integer
Holdings (1)
3,837‌
472‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
24
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Integra
LifeSciences
Holdings (1)
9,900‌
121‌
iRhythm
Technologies (1)
3,957‌
609‌
Lantheus
Holdings (1)
9,782‌
801‌
LeMaitre
Vascular 
3,871‌
321‌
LivaNova (1)
6,500‌
293‌
Masimo (1)
6,641‌
1,117‌
Merit
Medical
Systems (1)
7,868‌
736‌
Neogen (1)
22,740‌
109‌
Novocure (1)
16,731‌
298‌
Omnicell (1)
7,612‌
224‌
OraSure
Technologies (1)
31,882‌
96‌
Orchestra
BioMed
Holdings (1)
7,551‌
20‌
Orthofix
Medical (1)
11,780‌
131‌
Penumbra (1)
6,285‌
1,613‌
PROCEPT
BioRobotics (1)
8,869‌
511‌
QuidelOrtho (1)
6,900‌
199‌
RxSight (1)
5,672‌
74‌
STAAR
Surgical (1)(3)
7,700‌
129‌
Tactile
Systems
Technology (1)
7,950‌
81‌
Tandem
Diabetes
Care (1)
11,259‌
210‌
Teleflex 
4,693‌
555‌
TransMedics
Group (1)
4,584‌
614‌
UFP
Technologies (1)
1,289‌
315‌
Zimvie (1)
7,400‌
69‌
15,612‌
Health
Care
Providers
&
Services
 1.8%
Acadia
Healthcare (1)
11,421‌
259‌
AdaptHealth (1)
11,800‌
111‌
Addus
HomeCare (1)
2,305‌
265‌
agilon
health (1)
51,821‌
119‌
Alignment
Healthcare (1)
24,557‌
344‌
Amedisys (1)(3)
3,088‌
304‌
AMN
Healthcare
Services (1)
6,493‌
134‌
Astrana
Health (1)
5,633‌
140‌
Aveanna
Healthcare
Holdings (1)
20,883‌
109‌
BrightSpring
Health
Services (1)
12,891‌
304‌
Brookdale
Senior
Living (1)
24,407‌
170‌
Castle
Biosciences (1)
4,600‌
94‌
Chemed 
1,818‌
885‌
Concentra
Group
Holdings
Parent 
23,712‌
488‌
CorVel (1)
4,794‌
493‌
Cross
Country
Healthcare (1)
10,600‌
138‌
DocGo (1)
34,100‌
54‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
25
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Encompass
Health 
14,859‌
1,822‌
Enhabit (1)
11,500‌
111‌
Ensign
Group 
8,116‌
1,252‌
Guardant
Health (1)
18,559‌
966‌
HealthEquity (1)
10,843‌
1,136‌
Hims
&
Hers
Health (1)
25,877‌
1,290‌
LifeStance
Health
Group (1)
11,800‌
61‌
National
HealthCare 
1,905‌
204‌
National
Research 
8,572‌
144‌
NeoGenomics (1)
18,155‌
133‌
Option
Care
Health (1)
24,871‌
808‌
Oscar
Health,
Class
A (1)(3)
31,102‌
667‌
Owens
&
Minor (1)
12,100‌
110‌
Pediatrix
Medical
Group (1)
17,700‌
254‌
Pennant
Group (1)
7,994‌
239‌
Premier,
Class
13,480‌
296‌
Privia
Health
Group (1)
12,700‌
292‌
Progyny (1)
11,600‌
255‌
RadNet (1)
6,897‌
392‌
Select
Medical
Holdings 
22,405‌
340‌
Surgery
Partners (1)
10,700‌
238‌
Tenet
Healthcare (1)
14,443‌
2,542‌
17,963‌
Health
Care
Technology
 0.9%
CareCloud (1)
23,700‌
56‌
Certara (1)
13,900‌
163‌
Doximity,
Class
A (1)
15,802‌
969‌
Evolent
Health,
Class
A (1)
14,274‌
161‌
Health
Catalyst (1)
16,500‌
62‌
HealthStream 
9,300‌
257‌
Phreesia (1)
10,300‌
293‌
Schrodinger (1)
8,800‌
177‌
Teladoc
Health (1)
15,462‌
135‌
Veeva
Systems,
Class
A (1)
20,772‌
5,982‌
Waystar
Holding (1)
7,908‌
323‌
8,578‌
Life
Sciences
Tools
&
Services
 0.8%
10X
Genomics,
Class
A (1)
18,852‌
218‌
Avantor (1)
85,207‌
1,147‌
Azenta (1)
6,322‌
195‌
BioLife
Solutions (1)
5,100‌
110‌
Bio-Rad
Laboratories,
Class
A (1)
2,768‌
668‌
Bruker 
11,712‌
482‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
26
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Fortrea
Holdings (1)
10,900‌
54‌
Illumina (1)
20,353‌
1,942‌
Medpace
Holdings (1)
3,404‌
1,068‌
Mesa
Laboratories 
1,400‌
132‌
Pacific
Biosciences
of
California (1)(3)
71,506‌
89‌
Personalis (1)
19,600‌
129‌
Quanterix (1)
9,700‌
64‌
Quantum-Si (1)(3)
56,300‌
110‌
Repligen (1)
9,021‌
1,122‌
Sotera
Health (1)
12,200‌
136‌
7,666‌
Pharmaceuticals
 1.1%
Aclaris
Therapeutics (1)
26,200‌
37‌
Alto
Neuroscience (1)
19,146‌
42‌
Amphastar
Pharmaceuticals (1)
5,290‌
121‌
Amylyx
Pharmaceuticals (1)
18,000‌
115‌
Arvinas (1)
13,120‌
97‌
Atea
Pharmaceuticals (1)
44,100‌
159‌
Axsome
Therapeutics (1)
5,380‌
562‌
Cassava
Sciences (1)
26,600‌
48‌
Collegium
Pharmaceutical (1)
9,882‌
292‌
Corcept
Therapeutics (1)
12,143‌
891‌
Elanco
Animal
Health (1)
69,573‌
993‌
Evolus (1)(3)
15,500‌
143‌
EyePoint
Pharmaceuticals (1)
16,926‌
159‌
Harmony
Biosciences
Holdings (1)
5,000‌
158‌
Harrow (1)(3)
7,100‌
217‌
Innoviva (1)
12,411‌
249‌
Jazz
Pharmaceuticals (1)
7,500‌
796‌
LENZ
Therapeutics (1)(3)
6,035‌
177‌
Ligand
Pharmaceuticals (1)
2,686‌
305‌
MBX
Biosciences (1)(3)
7,119‌
81‌
Nuvation
Bio (1)(3)
69,100‌
135‌
Ocular
Therapeutix (1)
24,080‌
223‌
Organon 
28,683‌
278‌
Pacira
BioSciences (1)
10,400‌
249‌
Perrigo 
22,631‌
605‌
Phibro
Animal
Health,
Class
8,414‌
215‌
Pliant
Therapeutics (1)
43,218‌
50‌
Prestige
Consumer
Healthcare (1)
8,539‌
682‌
Rafael
Holdings,
Class
B (1)
29,321‌
51‌
Rapport
Therapeutics (1)(3)
6,664‌
76‌
Royalty
Pharma,
Class
44,868‌
1,617‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
27
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Scilex
Holding (1)
7,202‌
42‌
Supernus
Pharmaceuticals (1)
7,900‌
249‌
Tarsus
Pharmaceuticals (1)
5,359‌
217‌
Terns
Pharmaceuticals (1)
14,000‌
52‌
WaVe
Life
Sciences (1)
23,311‌
152‌
Xeris
Biopharma
Holdings (1)
32,053‌
150‌
10,685‌
Total
Health
Care
109,367‌
INDUSTRIALS
&
BUSINESS
SERVICES
 18.0%
Aerospace
&
Defense
 2.3%
AAR (1)
3,155‌
217‌
AeroVironment (1)
3,435‌
979‌
Archer
Aviation,
Class
A (1)
53,000‌
575‌
ATI (1)
18,315‌
1,581‌
BWX
Technologies 
12,990‌
1,871‌
Cadre
Holdings 
5,305‌
169‌
Curtiss-Wright 
5,265‌
2,572‌
HEICO 
4,695‌
1,540‌
HEICO,
Class
10,226‌
2,646‌
Hexcel 
14,427‌
815‌
Karman
Holdings (1)
9,044‌
456‌
Kratos
Defense
&
Security
Solutions (1)
20,494‌
952‌
Leonardo
DRS 
13,894‌
646‌
Loar
Holdings (1)
2,926‌
252‌
Mercury
Systems (1)
7,900‌
426‌
Moog,
Class
3,456‌
625‌
National
Presto
Industries 
2,413‌
236‌
Park
Aerospace 
9,407‌
139‌
Rocket
Lab (1)(3)
46,974‌
1,680‌
Spirit
AeroSystems
Holdings,
Class
A (1)
17,994‌
686‌
StandardAero (1)
22,360‌
708‌
Triumph
Group (1)
12,800‌
330‌
V2X (1)
2,879‌
140‌
Woodward 
8,477‌
2,078‌
22,319‌
Air
Freight
&
Logistics
 0.1%
Forward
Air (1)
6,300‌
155‌
GXO
Logistics (1)
14,673‌
714‌
Hub
Group,
Class
10,561‌
353‌
1,222‌
Building
Products
 1.4%
AAON 
9,101‌
671‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
28
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Advanced
Drainage
Systems 
9,486‌
1,090‌
Alpha
Pro
Tech (1)
16,000‌
75‌
Apogee
Enterprises 
4,452‌
181‌
Armstrong
World
Industries 
6,465‌
1,050‌
AZZ 
4,920‌
465‌
Carlisle 
5,803‌
2,167‌
CSW
Industrials 
2,392‌
686‌
Fortune
Brands
Innovations 
14,749‌
759‌
Gibraltar
Industries (1)
2,833‌
167‌
Griffon 
5,789‌
419‌
Hayward
Holdings (1)
15,800‌
218‌
JELD-WEN
Holding (1)
29,700‌
116‌
Masterbrand (1)
17,900‌
196‌
Owens
Corning 
12,284‌
1,689‌
Resideo
Technologies (1)
22,561‌
498‌
Simpson
Manufacturing 
5,581‌
867‌
Trex (1)
18,143‌
987‌
UFP
Industries 
8,613‌
856‌
Zurn
Elkay
Water
Solutions 
16,859‌
616‌
13,773‌
Commercial
Services
&
Supplies
 1.3%
ABM
Industries 
5,678‌
268‌
ACCO
Brands 
30,789‌
110‌
ACV
Auctions,
Class
A (1)
19,265‌
312‌
Brady,
Class
7,576‌
515‌
Brink's 
6,425‌
574‌
Casella
Waste
Systems,
Class
A (1)
9,170‌
1,058‌
Cimpress (1)
3,493‌
164‌
Clean
Harbors (1)
6,776‌
1,566‌
CoreCivic (1)
19,896‌
419‌
Ennis 
11,121‌
202‌
Enviri (1)
19,160‌
166‌
GEO
Group (1)
20,746‌
497‌
HNI 
7,379‌
363‌
Interface 
14,400‌
301‌
MillerKnoll 
9,500‌
185‌
Montrose
Environmental
Group (1)
6,900‌
151‌
MSA
Safety 
6,058‌
1,015‌
OPENLANE (1)
20,363‌
498‌
Pitney
Bowes 
27,032‌
295‌
Quad/Graphics 
25,000‌
141‌
RB
Global 
23,326‌
2,477‌
Tetra
Tech 
32,998‌
1,187‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
29
Shares/Par
$
Value
(Cost
and
value
in
$000s)
UniFirst 
1,501‌
283‌
Vestis 
16,450‌
94‌
VSE 
2,227‌
292‌
13,133‌
Construction
&
Engineering
 2.1%
AECOM 
17,995‌
2,031‌
Ameresco,
Class
A (1)
6,400‌
97‌
API
Group (1)
39,520‌
2,018‌
Arcosa 
5,694‌
494‌
Argan 
849‌
187‌
Comfort
Systems
USA 
5,122‌
2,746‌
Construction
Partners,
Class
A (1)
7,124‌
757‌
Dycom
Industries (1)
4,109‌
1,004‌
EMCOR
Group 
6,013‌
3,216‌
Everus
Construction
Group (1)
7,373‌
468‌
Fluor (1)
21,025‌
1,078‌
Granite
Construction 
5,876‌
549‌
MasTec (1)
8,918‌
1,520‌
Matrix
Service (1)
17,911‌
242‌
MYR
Group (1)
2,400‌
436‌
Primoris
Services 
8,968‌
699‌
Sterling
Infrastructure (1)
4,570‌
1,054‌
Valmont
Industries 
3,012‌
984‌
WillScot
Holdings 
28,637‌
785‌
20,365‌
Electrical
Equipment
 1.7%
Acuity 
3,822‌
1,140‌
American
Superconductor (1)
8,779‌
322‌
Array
Technologies (1)
32,800‌
194‌
Atkore 
6,192‌
437‌
Blink
Charging (1)
80,500‌
76‌
Bloom
Energy,
Class
A (1)
28,349‌
678‌
Energy
Vault
Holdings (1)
83,900‌
60‌
EnerSys 
4,783‌
410‌
Enovix (1)(3)
24,500‌
253‌
Fluence
Energy (1)(3)
12,200‌
82‌
FuelCell
Energy (1)
10,622‌
60‌
GrafTech
International (1)
92,300‌
90‌
LSI
Industries 
14,693‌
250‌
NEXTracker,
Class
A (1)
19,406‌
1,055‌
NuScale
Power (1)
12,505‌
495‌
nVent
Electric 
19,720‌
1,444‌
Plug
Power (1)(3)
140,500‌
209‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
30
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Powell
Industries 
1,330‌
280‌
Regal
Rexnord 
8,241‌
1,195‌
Sensata
Technologies
Holding 
26,895‌
810‌
SES
AI (1)
124,600‌
111‌
Stem (1)
8,335‌
52‌
Sunrun (1)
30,095‌
246‌
Thermon
Group
Holdings (1)
6,600‌
185‌
Vertiv
Holdings,
Class
52,861‌
6,788‌
Vicor (1)
4,000‌
181‌
17,103‌
Ground
Transportation
 0.9%
ArcBest 
3,494‌
269‌
Avis
Budget
Group (1)(3)
2,551‌
431‌
Covenant
Logistics
Group 
8,024‌
194‌
Heartland
Express 
17,323‌
150‌
Knight-Swift
Transportation
Holdings 
21,050‌
931‌
Landstar
System 
5,182‌
720‌
Lyft,
Class
A (1)
46,800‌
738‌
Marten
Transport 
10,800‌
140‌
RXO (1)
18,643‌
293‌
Ryder
System 
5,058‌
804‌
Saia (1)
4,213‌
1,154‌
U-Haul
Holding,
Non-Voting 
12,554‌
683‌
Werner
Enterprises 
7,353‌
201‌
XPO (1)
15,445‌
1,951‌
8,659‌
Machinery
 3.4%
3D
Systems (1)
54,250‌
84‌
AGCO 
9,943‌
1,026‌
Alamo
Group 
1,974‌
431‌
Albany
International,
Class
2,593‌
182‌
Allison
Transmission
Holdings 
10,330‌
981‌
Astec
Industries 
4,900‌
204‌
Atmus
Filtration
Technologies 
15,429‌
562‌
Blue
Bird (1)
4,695‌
203‌
Chart
Industries (1)
5,421‌
893‌
CNH
Industrial 
101,553‌
1,316‌
Commercial
Vehicle
Group (1)
60,800‌
101‌
Crane 
6,817‌
1,294‌
Donaldson 
13,854‌
961‌
Douglas
Dynamics 
8,300‌
245‌
Enerpac
Tool
Group 
7,377‌
299‌
Enpro 
2,744‌
526‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
31
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Esab 
9,110‌
1,098‌
ESCO
Technologies 
3,070‌
589‌
Federal
Signal 
8,968‌
954‌
Flowserve 
13,928‌
729‌
Franklin
Electric 
3,428‌
308‌
Gates
Industrial (1)
20,830‌
480‌
Graco 
21,246‌
1,827‌
Greenbrier 
6,800‌
313‌
Helios
Technologies 
6,000‌
200‌
Hillenbrand 
9,461‌
190‌
Hillman
Solutions (1)
17,151‌
122‌
Hurco (1)
8,500‌
161‌
Hyster-Yale 
3,300‌
131‌
ITT 
10,043‌
1,575‌
JBT
Marel 
6,214‌
747‌
Kadant (3)
2,032‌
645‌
Kennametal 
7,000‌
161‌
Lincoln
Electric
Holdings 
7,800‌
1,617‌
Middleby (1)
8,778‌
1,264‌
Mueller
Industries 
14,745‌
1,172‌
Mueller
Water
Products,
Class
22,056‌
530‌
NN (1)
39,671‌
83‌
Oshkosh 
7,029‌
798‌
Park-Ohio
Holdings 
6,209‌
111‌
Proto
Labs (1)
6,299‌
252‌
RBC
Bearings (1)
5,103‌
1,964‌
REV
Group 
7,131‌
339‌
Shyft
Group 
12,400‌
156‌
SPX
Technologies (1)
6,283‌
1,054‌
Standex
International 
857‌
134‌
Symbotic (1)(3)
6,300‌
245‌
Tennant 
3,100‌
240‌
Terex 
9,562‌
446‌
Timken 
9,539‌
692‌
Titan
International (1)
14,250‌
146‌
Toro 
14,772‌
1,044‌
Trinity
Industries 
7,658‌
207‌
Wabash
National 
11,400‌
121‌
Watts
Water
Technologies,
Class
3,930‌
966‌
Worthington
Enterprises 
4,479‌
285‌
33,404‌
Marine
Transportation
 0.1%
Kirby (1)
7,439‌
843‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
32
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Matson 
3,850‌
429‌
1,272‌
Passenger
Airlines
 0.3%
Alaska
Air
Group (1)
15,412‌
763‌
Allegiant
Travel 
3,000‌
165‌
American
Airlines
Group (1)
74,229‌
833‌
Frontier
Group
Holdings (1)(3)
14,400‌
52‌
JetBlue
Airways (1)
41,400‌
175‌
Joby
Aviation (1)(3)
69,900‌
737‌
SkyWest (1)
6,107‌
629‌
Sun
Country
Airlines
Holdings (1)
10,300‌
121‌
3,475‌
Professional
Services
 2.3%
Alight,
Class
47,800‌
271‌
Amentum
Holdings (1)
15,834‌
374‌
Asure
Software (1)
17,841‌
174‌
Booz
Allen
Hamilton
Holding 
18,407‌
1,917‌
CACI
International,
Class
A (1)
2,868‌
1,367‌
CBIZ (1)
8,346‌
598‌
Clarivate (1)
69,130‌
297‌
Concentrix 
6,177‌
326‌
Conduent (1)
36,040‌
95‌
CRA
International 
1,431‌
268‌
CSG
Systems
International 
3,020‌
197‌
Dun
&
Bradstreet
Holdings 
32,304‌
294‌
ExlService
Holdings (1)
25,031‌
1,096‌
Exponent 
4,616‌
345‌
First
Advantage (1)
14,392‌
239‌
FTI
Consulting (1)
5,469‌
883‌
Genpact 
18,704‌
823‌
Huron
Consulting
Group (1)
3,154‌
434‌
ICF
International 
2,301‌
195‌
Innodata (1)
4,500‌
230‌
Insperity 
4,882‌
293‌
KBR 
16,675‌
799‌
Kforce 
3,228‌
133‌
Korn
Ferry 
7,413‌
544‌
Legalzoom.com (1)
14,700‌
131‌
ManpowerGroup 
7,115‌
287‌
Mastech
Digital (1)
14,882‌
107‌
Maximus 
6,004‌
421‌
Parsons (1)
4,765‌
342‌
Paylocity
Holding (1)
6,351‌
1,151‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
33
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Robert
Half 
11,036‌
453‌
Science
Applications
International 
5,578‌
628‌
SS&C
Technologies
Holdings 
31,432‌
2,603‌
TaskUS,
Class
A (1)
5,600‌
94‌
TransUnion 
25,657‌
2,258‌
TriNet
Group 
4,192‌
307‌
TrueBlue (1)
18,040‌
117‌
TTEC
Holdings (1)(3)
20,690‌
100‌
UL
Solutions,
Class
7,269‌
530‌
Upwork (1)
22,825‌
307‌
Verra
Mobility (1)
33,203‌
843‌
Willdan
Group (1)
4,794‌
300‌
23,171‌
Trading
Companies
&
Distributors
 2.1%
Air
Lease 
10,921‌
639‌
Applied
Industrial
Technologies 
5,426‌
1,261‌
BlueLinx
Holdings (1)
2,100‌
156‌
Boise
Cascade 
4,784‌
415‌
Core
&
Main,
Class
A (1)
27,013‌
1,630‌
Distribution
Solutions
Group (1)(3)
2,608‌
72‌
DNOW (1)
14,500‌
215‌
Ferguson
Enterprises 
28,013‌
6,100‌
FTAI
Aviation 
14,374‌
1,654‌
GATX 
3,825‌
587‌
GMS (1)
6,162‌
670‌
Herc
Holdings 
4,424‌
583‌
McGrath
RentCorp 
4,285‌
497‌
MRC
Global (1)
20,600‌
283‌
MSC
Industrial
Direct,
Class
4,929‌
419‌
NPK
International (1)
12,576‌
107‌
QXO (1)
38,112‌
821‌
Rush
Enterprises,
Class
7,516‌
387‌
SiteOne
Landscape
Supply (1)
7,626‌
922‌
Titan
Machinery (1)
9,700‌
192‌
Watsco 
4,451‌
1,966‌
WESCO
International 
5,838‌
1,081‌
Willis
Lease
Finance 
1,130‌
161‌
Xometry,
Class
A (1)
8,300‌
281‌
21,099‌
Total
Industrials
&
Business
Services
178,995‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
34
Shares/Par
$
Value
(Cost
and
value
in
$000s)
INFORMATION
TECHNOLOGY
 18.9%
Communications
Equipment
 0.6%
Calix (1)
9,183‌
489‌
Ciena (1)
22,174‌
1,803‌
Clearfield (1)
3,765‌
164‌
CommScope
Holding (1)
34,700‌
287‌
Comtech
Telecommunications (1)
24,243‌
59‌
Digi
International (1)
5,148‌
180‌
Extreme
Networks (1)
15,246‌
274‌
Harmonic (1)
16,900‌
160‌
KVH
Industries (1)
37,763‌
201‌
Lumentum
Holdings (1)
8,346‌
793‌
NETGEAR (1)
8,404‌
244‌
NetScout
Systems (1)
10,900‌
270‌
Ribbon
Communications (1)
12,405‌
50‌
Ubiquiti 
752‌
310‌
Viasat (1)
10,413‌
152‌
Viavi
Solutions (1)
32,200‌
324‌
5,760‌
Electronic
Equipment,
Instruments
&
Components
 2.3%
Advanced
Energy
Industries 
5,729‌
759‌
Arlo
Technologies (1)
21,152‌
359‌
Arrow
Electronics (1)
6,434‌
820‌
Avnet 
11,109‌
590‌
Badger
Meter 
4,300‌
1,053‌
Belden 
8,226‌
953‌
Benchmark
Electronics 
6,799‌
264‌
Cognex 
27,502‌
872‌
Coherent (1)
20,713‌
1,848‌
Crane
NXT (3)
5,135‌
277‌
CTS 
7,145‌
304‌
ePlus (1)
3,279‌
236‌
Fabrinet (1)
5,173‌
1,524‌
FARO
Technologies (1)
5,900‌
259‌
Flex (1)
52,892‌
2,640‌
Insight
Enterprises (1)
3,108‌
429‌
IPG
Photonics (1)
4,400‌
302‌
Itron (1)
5,447‌
717‌
Kimball
Electronics (1)
10,770‌
207‌
Knowles (1)
12,529‌
221‌
Lightwave
Logic (1)(3)
93,000‌
115‌
Littelfuse 
2,838‌
644‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
35
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Methode
Electronics 
16,250‌
155‌
MicroVision (1)(3)
88,200‌
101‌
Mirion
Technologies (1)
23,700‌
510‌
Novanta (1)
4,933‌
636‌
OSI
Systems (1)
1,938‌
436‌
PAR
Technology (1)
4,530‌
314‌
PC
Connection 
1,605‌
106‌
Plexus (1)
4,246‌
575‌
Rogers (1)
2,650‌
182‌
Sanmina (1)
6,218‌
608‌
ScanSource (1)
3,499‌
146‌
TD
SYNNEX 
10,289‌
1,396‌
TTM
Technologies (1)
10,680‌
436‌
Vishay
Intertechnology 
10,620‌
169‌
Vishay
Precision
Group (1)(3)
10,222‌
287‌
Vontier 
22,288‌
822‌
22,272‌
IT
Services
 2.9%
ASGN (1)
8,569‌
428‌
BigCommerce
Holdings,
Series
1 (1)
24,685‌
123‌
Cloudflare,
Class
A (1)
41,226‌
8,073‌
CoreWeave,
Class
A (1)(3)
4,135‌
674‌
DigitalOcean
Holdings (1)
8,154‌
233‌
DXC
Technology (1)
25,163‌
385‌
Fastly,
Class
A (1)
22,200‌
157‌
Grid
Dynamics
Holdings (1)
12,400‌
143‌
Hackett
Group 
9,473‌
241‌
Kyndryl
Holdings (1)
30,190‌
1,267‌
MongoDB (1)
10,445‌
2,193‌
Okta (1)
23,420‌
2,341‌
Snowflake,
Class
A (1)
45,282‌
10,133‌
Twilio,
Class
A (1)
19,817‌
2,465‌
Unisys (1)
23,252‌
105‌
28,961‌
Semiconductors
&
Semiconductor
Equipment
 2.9%
ACM
Research,
Class
A (1)
6,642‌
172‌
Aehr
Test
Systems (1)(3)
8,400‌
109‌
Allegro
MicroSystems (1)
16,335‌
558‌
Alpha
&
Omega
Semiconductor (1)
5,600‌
144‌
Ambarella (1)
4,700‌
310‌
Amkor
Technology 
12,474‌
262‌
Astera
Labs (1)
2,017‌
182‌
Atomera (1)(3)
12,600‌
63‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
36
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Axcelis
Technologies (1)
4,702‌
328‌
Cirrus
Logic (1)
7,114‌
742‌
Cohu (1)
10,300‌
198‌
Credo
Technology
Group
Holding (1)
19,547‌
1,810‌
Diodes (1)
4,571‌
242‌
Entegris 
23,207‌
1,872‌
FormFactor (1)
10,803‌
372‌
Impinj (1)
4,144‌
460‌
Kopin (1)
64,700‌
99‌
Kulicke
&
Soffa
Industries 
8,865‌
307‌
Lattice
Semiconductor (1)
22,250‌
1,090‌
MACOM
Technology
Solutions
Holdings (1)
9,443‌
1,353‌
Marvell
Technology 
119,526‌
9,251‌
MaxLinear (1)
11,870‌
169‌
MKS 
11,069‌
1,100‌
NVE 
2,271‌
167‌
Onto
Innovation (1)
6,475‌
653‌
Penguin
Solutions (1)
9,470‌
188‌
Photronics (1)
8,688‌
164‌
Pixelworks (1)
5,191‌
36‌
Power
Integrations 
5,500‌
307‌
Qorvo (1)
10,391‌
882‌
Rambus (1)
19,117‌
1,224‌
Rigetti
Computing (1)
32,884‌
390‌
Semtech (1)
12,278‌
554‌
Silicon
Laboratories (1)
3,528‌
520‌
SiTime (1)
2,603‌
555‌
Synaptics (1)
6,082‌
394‌
Ultra
Clean
Holdings (1)
3,695‌
83‌
Universal
Display 
5,321‌
822‌
Veeco
Instruments (1)
3,060‌
62‌
28,194‌
Software
 9.7%
A10
Networks 
23,172‌
448‌
ACI
Worldwide (1)
16,223‌
745‌
Adeia 
22,764‌
322‌
Agilysys (1)
3,981‌
456‌
Alarm.com
Holdings (1)
7,821‌
442‌
Alkami
Technology (1)
7,743‌
233‌
Appfolio,
Class
A (1)
3,793‌
873‌
AppLovin,
Class
A (1)
30,735‌
10,760‌
Asana,
Class
A (1)
13,541‌
183‌
Atlassian,
Class
A (1)
22,147‌
4,498‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
37
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Aurora
Innovation (1)(3)
144,601‌
758‌
Bentley
Systems,
Class
16,243‌
877‌
BILL
Holdings (1)
16,183‌
749‌
Blackbaud (1)
6,575‌
422‌
BlackLine (1)
6,082‌
344‌
Box,
Class
A (1)
22,260‌
761‌
Braze,
Class
A (1)
13,166‌
370‌
C3.ai,
Class
A (1)
15,300‌
376‌
CCC
Intelligent
Solutions
Holdings (1)
79,769‌
751‌
Cerence (1)
14,288‌
146‌
Circle
Internet
Group (1)(3)
4,085‌
741‌
Cleanspark (1)(3)
37,805‌
417‌
Clearwater
Analytics
Holdings,
Class
A (1)
36,846‌
808‌
Commvault
Systems (1)
6,659‌
1,161‌
Confluent,
Class
A (1)
35,696‌
890‌
Consensus
Cloud
Solutions (1)
7,067‌
163‌
Core
Scientific (1)
39,785‌
679‌
Datadog,
Class
A (1)
42,304‌
5,683‌
Digimarc (1)(3)
9,200‌
122‌
Docusign (1)
28,094‌
2,188‌
Dolby
Laboratories,
Class
7,313‌
543‌
Domo,
Class
B (1)
15,600‌
218‌
Dropbox,
Class
A (1)
22,896‌
655‌
D-Wave
Quantum (1)
28,620‌
419‌
Dynatrace (1)
41,067‌
2,267‌
Elastic (1)
10,960‌
924‌
Five9 (1)
9,410‌
249‌
Freshworks,
Class
A (1)
22,858‌
341‌
Gitlab,
Class
A (1)
15,500‌
699‌
Guidewire
Software (1)
11,872‌
2,795‌
HubSpot (1)
7,503‌
4,176‌
Hut
8 (1)
13,697‌
255‌
Informatica,
Class
A (1)
7,837‌
191‌
Intapp (1)
7,100‌
367‌
Intellicheck (1)
19,500‌
105‌
InterDigital 
4,341‌
973‌
Jamf
Holding (1)
10,900‌
104‌
Klaviyo,
Class
A (1)
9,277‌
312‌
LivePerson (1)(3)
59,000‌
60‌
LiveRamp
Holdings (1)
2,190‌
72‌
Manhattan
Associates (1)
8,409‌
1,661‌
MARA
Holdings (1)(3)
32,377‌
508‌
MicroStrategy,
Class
A (1)
34,095‌
13,782‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
38
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Mitek
Systems (1)
18,497‌
183‌
N-able (1)
20,350‌
165‌
nCino (1)
11,423‌
319‌
NCR
Voyix (1)
15,367‌
180‌
Nutanix,
Class
A (1)
37,694‌
2,881‌
ON24 (1)
45,300‌
246‌
OneSpan 
11,000‌
184‌
PagerDuty (1)
21,124‌
323‌
Pegasystems 
11,000‌
595‌
Procore
Technologies (1)
15,857‌
1,085‌
Progress
Software 
7,268‌
464‌
PROS
Holdings (1)
9,200‌
144‌
Q2
Holdings (1)
9,764‌
914‌
Qualys (1)
3,719‌
531‌
Rapid7 (1)
5,343‌
124‌
RingCentral,
Class
A (1)
9,151‌
259‌
Riot
Platforms (1)(3)
43,300‌
489‌
Rubrik,
Class
A (1)
15,519‌
1,390‌
SailPoint (1)
13,031‌
298‌
Samsara,
Class
A (1)
41,577‌
1,654‌
SentinelOne,
Class
A (1)
36,108‌
660‌
ServiceTitan,
Class
A (1)
2,188‌
235‌
SoundHound
AI,
Class
A (1)
49,508‌
531‌
Sprinklr,
Class
A (1)
11,000‌
93‌
Sprout
Social,
Class
A (1)
7,300‌
153‌
SPS
Commerce (1)
4,280‌
582‌
Telos (1)
35,700‌
113‌
Tenable
Holdings (1)
10,889‌
368‌
Teradata (1)
11,751‌
262‌
Terawulf (1)(3)
51,316‌
225‌
UiPath,
Class
A (1)
48,011‌
615‌
Unity
Software (1)(3)
38,940‌
942‌
Upland
Software (1)
20,100‌
39‌
Varonis
Systems (1)
13,251‌
672‌
Verint
Systems (1)
13,351‌
263‌
Veritone (1)(3)
28,200‌
36‌
Vertex,
Class
A (1)
8,730‌
308‌
Workiva (1)
7,519‌
515‌
Xperi (1)
16,485‌
130‌
Yext (1)
20,000‌
170‌
Zeta
Global
Holdings,
Class
A (1)
28,433‌
440‌
Zoom
Communications (1)
32,771‌
2,555‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
39
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Zscaler (1)
12,913‌
4,054‌
95,431‌
Technology
Hardware,
Storage
&
Peripherals
 0.5%
Eastman
Kodak (1)(3)
19,000‌
107‌
Immersion 
20,635‌
162‌
IonQ (1)
27,231‌
1,170‌
Pure
Storage,
Class
A (1)
39,870‌
2,296‌
Sandisk (1)
20,306‌
921‌
Turtle
Beach (1)
10,100‌
140‌
Xerox
Holdings (3)
13,400‌
71‌
4,867‌
Total
Information
Technology
185,485‌
MATERIALS
 4.2%
Chemicals
 1.3%
American
Vanguard 
21,166‌
83‌
Ashland 
6,077‌
306‌
Aspen
Aerogels (1)
12,221‌
72‌
Avient 
13,478‌
435‌
Axalta
Coating
Systems (1)
28,663‌
851‌
Balchem 
5,282‌
841‌
Cabot 
7,820‌
587‌
Celanese 
14,842‌
821‌
Chemours 
19,919‌
228‌
Ecovyst (1)
26,100‌
215‌
Element
Solutions 
28,044‌
635‌
FMC 
13,713‌
573‌
Ginkgo
Bioworks
Holdings (1)(3)
10,840‌
122‌
Hawkins 
2,613‌
371‌
HB
Fuller 
8,670‌
522‌
Huntsman 
30,685‌
320‌
Ingevity (1)
6,600‌
284‌
Innospec 
4,684‌
394‌
Minerals
Technologies 
3,010‌
166‌
NewMarket 
780‌
539‌
Olin 
17,067‌
343‌
PureCycle
Technologies (1)(3)
23,200‌
318‌
Quaker
Chemical 
2,496‌
279‌
RPM
International 
19,986‌
2,195‌
Scotts
Miracle-Gro 
7,759‌
512‌
Sensient
Technologies 
4,580‌
451‌
Stepan 
3,100‌
169‌
Tronox
Holdings 
17,600‌
89‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
40
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Westlake 
4,479‌
340‌
13,061‌
Construction
Materials
 1.0%
CRH 
91,210‌
8,373‌
Eagle
Materials 
4,467‌
903‌
Knife
River (1)
10,009‌
817‌
10,093‌
Containers
&
Packaging
 0.6%
AptarGroup 
8,142‌
1,274‌
Crown
Holdings 
13,698‌
1,411‌
Graphic
Packaging
Holding 
41,673‌
878‌
Greif,
Class
5,190‌
337‌
Myers
Industries 
14,316‌
207‌
O-I
Glass (1)
27,600‌
407‌
Sealed
Air 
15,575‌
483‌
Silgan
Holdings 
8,209‌
445‌
Sonoco
Products 
10,907‌
475‌
TriMas 
12,000‌
343‌
6,260‌
Metals
&
Mining
 1.2%
Alcoa 
29,106‌
859‌
Alpha
Metallurgical
Resources (1)
1,673‌
188‌
Ampco-Pittsburgh (1)
21,600‌
64‌
Carpenter
Technology 
6,973‌
1,927‌
Century
Aluminum (1)
7,258‌
131‌
Cleveland-Cliffs (1)
66,626‌
506‌
Coeur
Mining (1)
81,536‌
722‌
Commercial
Metals 
14,049‌
687‌
Compass
Minerals
International (1)
8,400‌
169‌
Gold
Resource (1)
84,700‌
52‌
Hecla
Mining 
84,693‌
507‌
Ivanhoe
Electric (1)(3)
21,440‌
194‌
Kaiser
Aluminum 
1,236‌
99‌
Materion 
2,600‌
206‌
Metallus (1)
10,000‌
154‌
MP
Materials (1)(3)
18,676‌
621‌
Olympic
Steel 
3,610‌
118‌
Piedmont
Lithium (1)(3)
14,000‌
82‌
Radius
Recycling 
6,048‌
180‌
Reliance 
8,137‌
2,554‌
Royal
Gold 
8,247‌
1,467‌
Ryerson
Holding 
5,500‌
119‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
41
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Warrior
Met
Coal 
9,610‌
440‌
Worthington
Steel 
4,479‌
134‌
12,180‌
Paper
&
Forest
Products
 0.1%
Clearwater
Paper (1)
3,088‌
84‌
Louisiana-Pacific 
9,995‌
860‌
Sylvamo 
4,392‌
220‌
1,164‌
Total
Materials
42,758‌
REAL
ESTATE
 5.1%
Diversified
Real
Estate
Investment
Trusts
 0.3%
Armada
Hoffler
Properties,
REIT 
25,957‌
178‌
Broadstone
Net
Lease,
REIT 
26,499‌
425‌
Essential
Properties
Realty
Trust,
REIT 
19,229‌
614‌
Gladstone
Commercial,
REIT 
12,182‌
175‌
Global
Net
Lease,
REIT 
29,521‌
223‌
WP
Carey,
REIT 
27,365‌
1,707‌
3,322‌
Health
Care
Real
Estate
Investment
Trusts
 0.5%
American
Healthcare
REIT,
REIT 
21,156‌
777‌
CareTrust
REIT,
REIT 
19,517‌
597‌
Community
Healthcare
Trust,
REIT 
9,000‌
150‌
Diversified
Healthcare
Trust,
REIT 
31,089‌
111‌
Global
Medical
REIT,
REIT 
33,897‌
235‌
Healthcare
Realty
Trust,
REIT 
36,986‌
587‌
LTC
Properties,
REIT 
2,950‌
102‌
Medical
Properties
Trust,
REIT (3)
89,399‌
385‌
National
Health
Investors,
REIT 
5,798‌
407‌
Omega
Healthcare
Investors,
REIT 
32,434‌
1,189‌
Sabra
Health
Care
REIT,
REIT 
25,732‌
474‌
Universal
Health
Realty
Income
Trust,
REIT 
6,850‌
274‌
5,288‌
Hotel
&
Resort
Real
Estate
Investment
Trusts
 0.3%
Apple
Hospitality
REIT,
REIT 
43,846‌
512‌
DiamondRock
Hospitality,
REIT 
30,600‌
234‌
Park
Hotels
&
Resorts,
REIT 
17,448‌
178‌
Pebblebrook
Hotel
Trust,
REIT 
23,553‌
235‌
RLJ
Lodging
Trust,
REIT 
26,720‌
195‌
Ryman
Hospitality
Properties,
REIT 
6,715‌
663‌
Service
Properties
Trust,
REIT 
47,800‌
114‌
Summit
Hotel
Properties,
REIT 
30,400‌
155‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
42
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Sunstone
Hotel
Investors,
REIT 
16,394‌
142‌
Xenia
Hotels
&
Resorts,
REIT 
17,149‌
216‌
2,644‌
Industrial
Real
Estate
Investment
Trusts
 0.7%
Americold
Realty
Trust,
REIT 
44,287‌
736‌
EastGroup
Properties,
REIT 
7,839‌
1,310‌
First
Industrial
Realty
Trust,
REIT 
13,896‌
669‌
Innovative
Industrial
Properties,
REIT 
4,983‌
275‌
Lineage,
REIT (3)
9,458‌
412‌
LXP
Industrial
Trust,
REIT 
37,861‌
313‌
Rexford
Industrial
Realty,
REIT 
34,744‌
1,236‌
STAG
Industrial,
REIT 
19,477‌
707‌
Terreno
Realty,
REIT 
16,467‌
923‌
6,581‌
Office
Real
Estate
Investment
Trusts
 0.5%
Brandywine
Realty
Trust,
REIT 
34,143‌
147‌
COPT
Defense
Properties,
REIT 
7,705‌
213‌
Cousins
Properties,
REIT 
15,069‌
453‌
Douglas
Emmett,
REIT 
24,962‌
375‌
Easterly
Government
Properties,
REIT 
5,994‌
133‌
Empire
State
Realty
Trust,
Class
A,
REIT 
34,974‌
283‌
Franklin
Street
Properties,
REIT 
72,826‌
119‌
Highwoods
Properties,
REIT 
7,240‌
225‌
JBG
SMITH
Properties,
REIT (3)
16,315‌
282‌
Kilroy
Realty,
REIT 
17,700‌
607‌
NET
Lease
Office
Properties,
REIT (1)
4,521‌
147‌
Office
Properties
Income
Trust,
REIT 
92,441‌
23‌
Paramount
Group,
REIT 
33,300‌
203‌
Piedmont
Realty
Trust,
Class
A,
REIT 
20,700‌
151‌
Postal
Realty
Trust,
Class
A,
REIT 
12,486‌
184‌
SL
Green
Realty,
REIT 
10,988‌
680‌
Vornado
Realty
Trust,
REIT 
24,555‌
939‌
5,164‌
Real
Estate
Management
&
Development
 0.6%
Anywhere
Real
Estate (1)
21,100‌
76‌
Compass,
Class
A (1)
57,500‌
361‌
Cushman
&
Wakefield (1)
21,900‌
242‌
Douglas
Elliman (1)
40,938‌
95‌
eXp
World
Holdings (3)
13,900‌
127‌
FRP
Holdings (1)
8,130‌
219‌
Howard
Hughes
Holdings (1)
2,800‌
189‌
Jones
Lang
LaSalle (1)
6,777‌
1,733‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
43
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Kennedy-Wilson
Holdings 
23,700‌
161‌
Newmark
Group,
Class
23,404‌
284‌
Opendoor
Technologies (1)
104,632‌
56‌
Redfin (1)
19,500‌
218‌
Seaport
Entertainment
Group (1)
4,711‌
88‌
Seritage
Growth
Properties,
Class
A (1)(3)
31,645‌
98‌
St.
Joe 
4,458‌
213‌
Tejon
Ranch (1)
14,850‌
252‌
Zillow
Group,
Class
A (1)
5,741‌
393‌
Zillow
Group,
Class
C (1)
19,871‌
1,392‌
6,197‌
Residential
Real
Estate
Investment
Trusts
 0.7%
American
Homes
4
Rent,
Class
A,
REIT 
47,780‌
1,723‌
Apartment
Investment
&
Management,
Class
A,
REIT 
41,458‌
359‌
Bluerock
Homes
Trust,
REIT (3)
6,174‌
77‌
Centerspace,
REIT 
3,200‌
193‌
Equity
LifeStyle
Properties,
REIT 
24,962‌
1,539‌
Independence
Realty
Trust,
REIT 
20,465‌
362‌
Sun
Communities,
REIT 
18,432‌
2,332‌
UMH
Properties,
REIT 
15,372‌
258‌
Veris
Residential,
REIT 
11,270‌
168‌
7,011‌
Retail
Real
Estate
Investment
Trusts
 0.7%
Acadia
Realty
Trust,
REIT 
26,804‌
498‌
Agree
Realty,
REIT 
11,608‌
848‌
Alexander's,
REIT 
915‌
206‌
Brixmor
Property
Group,
REIT 
48,667‌
1,267‌
Curbline
Properties,
REIT 
16,888‌
386‌
Getty
Realty,
REIT (3)
11,622‌
321‌
InvenTrust
Properties,
REIT 
2,744‌
75‌
Kite
Realty
Group
Trust,
REIT 
26,325‌
596‌
Macerich,
REIT 
28,354‌
459‌
NNN
REIT,
REIT 
23,243‌
1,004‌
Phillips
Edison,
REIT 
12,370‌
433‌
Saul
Centers,
REIT 
6,819‌
233‌
SITE
Centers,
REIT 
8,444‌
95‌
Tanger,
REIT 
14,049‌
430‌
Urban
Edge
Properties,
REIT 
9,367‌
175‌
7,026‌
Specialized
Real
Estate
Investment
Trusts
 0.8%
CubeSmart,
REIT 
36,436‌
1,549‌
EPR
Properties,
REIT 
6,521‌
380‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
44
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Four
Corners
Property
Trust,
REIT (3)
6,401‌
172‌
Gaming
&
Leisure
Properties,
REIT 
37,490‌
1,750‌
Gladstone
Land,
REIT (3)
25,809‌
262‌
Global
Self
Storage,
REIT 
33,399‌
178‌
Lamar
Advertising,
Class
A,
REIT 
14,243‌
1,729‌
Millrose
Properties,
REIT (1)
6,090‌
174‌
National
Storage
Affiliates
Trust,
REIT 
8,516‌
272‌
Outfront
Media,
REIT 
15,632‌
255‌
PotlatchDeltic,
REIT 
8,080‌
310‌
Rayonier,
REIT 
25,288‌
561‌
Safehold,
REIT 
6,308‌
98‌
Smartstop
Self
Storage
REIT 
6,844‌
248‌
Uniti
Group,
REIT 
35,100‌
152‌
8,090‌
Total
Real
Estate
51,323‌
UTILITIES
 2.0%
Electric
Utilities
 0.6%
ALLETE 
4,255‌
273‌
Genie
Energy,
Class
9,586‌
258‌
Hawaiian
Electric
Industries (1)
23,731‌
252‌
IDACORP 
5,405‌
624‌
MGE
Energy 
3,909‌
346‌
OGE
Energy 
32,555‌
1,445‌
Oklo (1)
9,852‌
551‌
Otter
Tail 
6,824‌
526‌
Portland
General
Electric 
18,125‌
736‌
TXNM
Energy 
9,982‌
562‌
5,573‌
Gas
Utilities
 0.6%
Chesapeake
Utilities 
4,288‌
516‌
MDU
Resources
Group 
26,694‌
445‌
National
Fuel
Gas 
12,139‌
1,028‌
New
Jersey
Resources 
13,704‌
614‌
Northwest
Natural
Holding 
10,145‌
403‌
ONE
Gas 
7,678‌
552‌
RGC
Resources 
8,179‌
183‌
Southwest
Gas
Holdings 
8,070‌
600‌
Spire 
4,974‌
363‌
UGI 
24,992‌
910‌
5,614‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
45
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Independent
Power
&
Renewable
Electricity
Producers
 0.3%
Clearway
Energy,
Class
7,693‌
246‌
Montauk
Renewables (1)
38,000‌
84‌
Ormat
Technologies 
7,590‌
636‌
Spruce
Power
Holding (1)(3)
19,162‌
39‌
Sunnova
Energy
International (1)
101,700‌
—‌
Talen
Energy (1)
6,151‌
1,789‌
2,794‌
Multi-Utilities
 0.2%
Avista 
10,850‌
412‌
Black
Hills 
8,110‌
455‌
Northwestern
Energy
Group 
8,468‌
434‌
Unitil 
5,708‌
298‌
1,599‌
Water
Utilities
 0.3%
American
States
Water 
6,799‌
521‌
California
Water
Service
Group 
9,614‌
437‌
Essential
Utilities 
31,916‌
1,186‌
H2O
America 
4,960‌
258‌
Middlesex
Water 
6,354‌
344‌
2,746‌
Total
Utilities
18,326‌
Total
Common
Stocks
(Cost
$561,338)
980,030‌
SHORT-TERM
INVESTMENTS
 0.6%
Money
Market
Funds
 0.5%
T.
Rowe
Price
Government
Reserve
Fund,
4.37% (4)(5)
4,691,263‌
4,691‌
4,691‌
U.S.
Treasury
Obligations
 0.1%
U.S.
Treasury
Bills,
4.21%,
7/10/25 (6)
480,000‌
480‌
480‌
Total
Short-Term
Investments
(Cost
$5,171)
5,171‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
46
Shares/Par
$
Value
(Cost
and
value
in
$000s)
SECURITIES
LENDING
COLLATERAL
 2.4%
INVESTMENTS
IN
A
POOLED
ACCOUNT
THROUGH
SECURITIES
LENDING
PROGRAM
WITH
STATE
STREET
BANK
AND
TRUST
COMPANY 2.4%
Money
Market
Funds 2.4%
T.
Rowe
Price
Government
Reserve
Fund,
4.37% (4)(5)
23,953,807‌
23,954‌
Total
Investments
in
a
Pooled
Account
through
Securities
Lending
Program
with
State
Street
Bank
and
Trust
Company
23,954‌
Total
Securities
Lending
Collateral
(Cost
$23,954)
23,954‌
Total
Investments
in
Securities
102.3%
of
Net
Assets
(Cost
$590,463)
$
1,009,155‌
Shares/Par
and
Notional
Amount
are
denominated
in
U.S.
dollars
unless
otherwise
noted.
(1)
Non-income
producing
(2)
See
Note
2.
Level
3
in
fair
value
hierarchy.
(3)
See
Note
4.
All
or
a
portion
of
this
security
is
on
loan
at
June
30,
2025.
(4)
Seven-day
yield
(5)
Affiliated
Companies
(6)
At
June
30,
2025,
all
or
a
portion
of
this
security
is
pledged
as
collateral
and/
or
margin
deposit
to
cover
future
funding
obligations.
CVR
Contingent
Value
Rights
EC
Escrow
CUSIP;
represents
a
beneficial
interest
in
a
residual
pool
of
assets;
the
amount
and
timing
of
future
distributions,
if
any,
is
uncertain;
when
presented,
interest
rate
and
maturity
date
are
those
of
the
original
security.
REIT
A
domestic
Real
Estate
Investment
Trust
whose
distributions
pass-through
with
original
tax
character
to
the
shareholder
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
47
FUTURES
CONTRACTS
($000s)
Expiration
Date
Notional
Amount
Value
and
Unrealized
Gain
(Loss)
Long,
37
Russell
2000
E-Mini
Index
contracts
9/25
4,054
$
110‌
Long,
5
S&P
400
E-Mini
MidCap
Index
contracts
9/25
1,563
47‌
Net
payments
(receipts)
of
variation
margin
to
date
(152‌)
Variation
margin
receivable
(payable)
on
open
futures
contracts
$
5‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
48
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
AFFILIATED
COMPANIES
($000s)
The
fund
may
invest
in
certain
securities
that
are
considered
affiliated
companies.
As
defined
by
the
1940
Act,
an
affiliated
company
is
one
in
which
the
fund
owns
5%
or
more
of
the
outstanding
voting
securities,
or
a
company
that
is
under
common
ownership
or
control.
The
following
securities
were
considered
affiliated
companies
for
all
or
some
portion
of
the
six
months
ended
June
30,
2025.
Net
realized
gain
(loss),
investment
income,
change
in
net
unrealized
gain/loss,
and
purchase
and
sales
cost
reflect
all
activity
for
the
period
then
ended.
Affiliate
Net
Realized
Gain
(Loss)
Change
in
Net
Unrealized
Gain/Loss
Investment
Income
T.
Rowe
Price
Government
Reserve
Fund,
4.37%
$
—‌
$
—‌
$
93‌++
Totals
$
—‌#
$
—‌
$
93‌+
Supplementary
Investment
Schedule
Affiliate
Value
12/31/24
Purchase
Cost
Sales
Cost
Value
6/30/25
T.
Rowe
Price
Government
Reserve
Fund,
4.37%
$
36,591‌
 ¤
 ¤
$
28,645‌
Total
$
28,645‌^
#
Capital
gain
distributions
from
underlying
Price
funds
represented
$0
of
the
net
realized
gain
(loss).
++
Excludes
earnings
on
securities
lending
collateral,
which
are
subject
to
rebates
and
fees
as
described
in
Note
4.
+
Investment
income
comprised
$93
of
dividend
income
and
$0
of
interest
income.
¤
Purchase
and
sale
information
not
shown
for
cash
management
funds.
^
The
cost
basis
of
investments
in
affiliated
companies
was
$28,645.
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
June
30,
2025
(Unaudited)
Statement
of
Assets
and
Liabilities
49
($000s,
except
shares
and
per
share
amounts)
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
Assets
Investments
in
securities,
at
value
(cost
$590,463)
$
1,009,155‌
Receivable
for
investment
securities
sold
1,289‌
Dividends
receivable
768‌
Receivable
for
shares
sold
219‌
Variation
margin
receivable
on
futures
contracts
5‌
Other
assets
66‌
Total
assets
1,011,502‌
Liabilities
Obligation
to
return
securities
lending
collateral
23,954‌
Payable
for
shares
redeemed
845‌
Investment
management
fees
payable
71‌
Due
to
affiliates
63‌
Payable
to
directors
1‌
Other
liabilities
99‌
Total
liabilities
25,033‌
NET
ASSETS
$
986,469‌
Net
Assets
Consist
of:
Total
distributable
earnings
(loss)
$
461,414‌
Paid-in
capital
applicable
to
29,522,599
shares
of
$0.0001
par
value
capital
stock
outstanding;
2,000,000,000
shares
of
the
Corporation
authorized
525,055‌
NET
ASSETS
$
986,469‌
NET
ASSET
VALUE
PER
SHARE
$
33.41‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
(Unaudited)
Statement
of
Operations
50
($000s)
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
Ended
6/30/25
Investment
Income
(Loss)
Income
Dividend
(net
of
foreign
taxes
of
$6)
$
5,094‌
Securities
lending
186‌
.
  Interest
10‌
Total
income
5,290‌
Expenses
Investment
management
427‌
Shareholder
servicing
553‌
Prospectus
and
shareholder
reports
11‌
Custody
and
accounting
118‌
Legal
and
audit
19‌
Registration
19‌
Directors
2‌
Miscellaneous
9‌
Total
expenses
1,158‌
Net
investment
income
4,132‌
Realized
and
Unrealized
Gain
/
Loss
Net
realized
gain
(loss)
Securities
20,368‌
Futures
(693‌)
Net
realized
gain
19,675‌
Change
in
net
unrealized
gain
/
loss
Securities
(7,713‌)
Futures
490‌
Change
in
net
unrealized
gain
/
loss
(7,223‌)
Net
realized
and
unrealized
gain
/
loss
12,452‌
INCREASE
IN
NET
ASSETS
FROM
OPERATIONS
$
16,584‌
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
(Unaudited)
Statement
of
Changes
in
Net
Assets
51
($000s)
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
Ended
6/30/25
Year
Ended
12/31/24
Increase
(Decrease)
in
Net
Assets
Operations
Net
investment
income
$
4,132‌
$
9,616‌
Net
realized
gain
19,675‌
68,035‌
Change
in
net
unrealized
gain
/
loss
(7,223‌)
72,656‌
Increase
in
net
assets
from
operations
16,584‌
150,307‌
Distributions
to
shareholders
Net
earnings
–‌
(72,739‌)
Capital
share
transactions
*
Shares
sold
30,482‌
73,678‌
Distributions
reinvested
–‌
66,647‌
Shares
redeemed
(72,574‌)
(159,686‌)
Decrease
in
net
assets
from
capital
share
transactions
(42
,092‌)
(19,361‌)
Net
Assets
Increase
(decrease)
during
period
(25,508‌)
58,207‌
Beginning
of
period
1,011,977‌
953,770‌
End
of
period
$
986,469‌
$
1,011,977‌
*Share
information
(000s)
Shares
sold
963‌
2,280‌
Distributions
reinvested
–‌
1,915‌
Shares
redeemed
(2,308‌)
(4,996‌)
Decrease
in
shares
outstanding
(1,345‌)
(801‌)
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
Unaudited
NOTES
TO
FINANCIAL
STATEMENTS
52
T.
Rowe
Price
Index
Trust,
Inc. (the
corporation)
is
registered
under
the
Investment
Company
Act
of
1940
(the
1940
Act).
The
Extended
Equity
Market
Index
Fund
(the
fund)
is
an
open-end
management
investment
company
established
by
the
corporation
and
intends
to
be
diversified
in
approximately
the
same
proportion
as
the
index
it
tracks
is
diversified.
The
fund
may
become
nondiversified
for
periods
of
time
solely
as
a
result
of
changes
in
the
composition
of
the
index
(for
example,
changes
in
the
relative
market
capitalization
or
index
weighting
of
one
or
more
securities
represented
in
the
index). The
fund
seeks to
track
the
performance
of
a
benchmark
index
that
measures
the
investment
return
of
small-
and
mid-capitalization
U.S.
stocks. 
NOTE
1
-
SIGNIFICANT
ACCOUNTING
POLICIES 
Basis
of
Preparation
 The fund
is
an
investment
company
and
follows
accounting
and
reporting
guidance
in
the
Financial
Accounting
Standards
Board
(FASB)
Accounting
Standards
Codification
Topic
946
(ASC
946).
The
accompanying
financial
statements
were
prepared
in
accordance
with
accounting
principles
generally
accepted
in
the
United
States
of
America
(GAAP),
including,
but
not
limited
to,
ASC
946.
GAAP
requires
the
use
of
estimates
made
by
management.
Management
believes
that
estimates
and
valuations
are
appropriate;
however,
actual
results
may
differ
from
those
estimates,
and
the
valuations
reflected
in
the
accompanying
financial
statements
may
differ
from
the
value
ultimately
realized
upon
sale
or
maturity.
Investment
Transactions,
Investment
Income,
and
Distributions
 Investment
transactions
are
accounted
for
on
the
trade
date
basis.
Income
and
expenses
are
recorded
on
the
accrual
basis.
Realized
gains
and
losses
are
reported
on
the
identified
cost
basis. Premiums
and
discounts
on
debt
securities
are
amortized
for
financial
reporting
purposes. Income
tax-related
interest
and
penalties,
if
incurred,
are
recorded
as
income
tax
expense. Dividends
received
from other
investment
companies are
reflected
as
dividend income;
capital
gain
distributions
are
reflected
as
realized
gain/loss. Dividend
income and
capital
gain
distributions
are
recorded
on
the
ex-dividend
date. Distributions
from
REITs
are
initially
recorded
as
dividend
income
and,
to
the
extent
such
represent
a
return
of
capital
or
capital
gain
for
tax
purposes,
are
reclassified
when
such
information
becomes
available. Non-cash
dividends,
if
any,
are
recorded
at
the
fair
market
value
of
the
asset
received. Proceeds
from
litigation
payments,
if
any,
are
included
in
either
net
realized
gain
(loss)
or
change
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
53
in
net
unrealized
gain/loss
from
securities. Distributions
to
shareholders
are
recorded
on
the
ex-dividend
date. Income
distributions,
if
any,
are
declared
and
paid annually. A
capital
gain
distribution,
if
any, may
also
be
declared
and
paid
by
the
fund
annually.
Capital
Transactions
 Each
investor’s
interest
in
the
net
assets
of the
fund
is
represented
by
fund
shares. The
fund’s
net
asset
value
(NAV)
per
share
is
computed
at
the
close
of
the
New
York
Stock
Exchange
(NYSE),
normally
4
p.m.
Eastern
time,
each
day
the
NYSE
is
open
for
business.
However,
the
NAV
per
share
may
be
calculated
at
a
time
other
than
the
normal
close
of
the
NYSE
if
trading
on
the
NYSE
is
restricted,
if
the
NYSE
closes
earlier,
or
as
may
be
permitted
by
the
SEC.
Purchases
and
redemptions
of
fund
shares
are
transacted
at
the
next-computed
NAV
per
share,
after
receipt
of
the
transaction
order
by
T.
Rowe
Price
Associates,
Inc.,
or
its
agents.
New
Accounting
Guidance
 In December
2023,
the
FASB
issued
Accounting
Standards
Update
(ASU),
ASU
2023-09,
Income
Taxes
(Topic
740)
Improvements
to
Income
Taxes
Disclosures,
which
enhances
the
transparency
of
income
tax
disclosures.
The
ASU
requires
public
entities,
on
an
annual
basis,
to
provide
disclosure
of
specific
categories
in
the
rate
reconciliation,
as
well
as
disclosure
of
income
taxes
paid
disaggregated
by
jurisdiction.
The
amendments
under
this
ASU
are
required
to
be
applied
prospectively
and
are
effective
for
fiscal
years
beginning
after
December
15,
2024.
Management
expects
that
adoption
of
the
guidance
will
not
have
a
material
impact
on
the
fund’s
financial
statements.
Indemnification
 In
the
normal
course
of
business, the
fund
may
provide
indemnification
in
connection
with
its
officers
and
directors,
service
providers,
and/or
private
company
investments. The
fund’s
maximum
exposure
under
these
arrangements
is
unknown;
however,
the
risk
of
material
loss
is
currently
considered
to
be
remote.
NOTE
2
-
VALUATION 
Fair
Value
  The
fund’s
financial
instruments
are
valued
at
the
close
of
the
NYSE
and
are
reported
at
fair
value,
which
GAAP
defines
as
the
price
that
would
be
received
to
sell
an
asset
or
paid
to
transfer
a
liability
in
an
orderly
transaction
between
market
participants
at
the
measurement
date. The fund’s
Board
of
Directors
(the
Board)
has
designated
T.
Rowe
Price
Associates,
Inc.
as
the
fund’s
valuation
designee
(Valuation
Designee).
Subject
to
oversight
by
the
Board,
the
Valuation
Designee
performs
the
following
functions
in
T.
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54
performing
fair
value
determinations:
assesses
and
manages
valuation
risks;
establishes
and
applies
fair
value
methodologies;
tests
fair
value
methodologies;
and
evaluates
pricing
vendors
and
pricing
agents.
The
duties
and
responsibilities
of
the
Valuation
Designee
are
performed
by
its
Valuation
Committee. The
Valuation
Designee provides
periodic
reporting
to
the
Board
on
valuation
matters.
Various
valuation
techniques
and
inputs
are
used
to
determine
the
fair
value
of
financial
instruments.
GAAP
establishes
the
following
fair
value
hierarchy
that
categorizes
the
inputs
used
to
measure
fair
value:
Level
1
quoted
prices
(unadjusted)
in
active
markets
for
identical
financial
instruments
that
the
fund
can
access
at
the
reporting
date
Level
2
inputs
other
than
Level
1
quoted
prices
that
are
observable,
either
directly
or
indirectly
(including,
but
not
limited
to,
quoted
prices
for
similar
financial
instruments
in
active
markets,
quoted
prices
for
identical
or
similar
financial
instruments
in
inactive
markets,
interest
rates
and
yield
curves,
implied
volatilities,
and
credit
spreads)
Level
3
unobservable
inputs
(including
the Valuation
Designee’s assumptions
in
determining
fair
value)
Observable
inputs
are
developed
using
market
data,
such
as
publicly
available
information
about
actual
events
or
transactions,
and
reflect
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
Unobservable
inputs
are
those
for
which
market
data
are
not
available
and
are
developed
using
the
best
information
available
about
the
assumptions
that
market
participants
would
use
to
price
the
financial
instrument.
GAAP
requires
valuation
techniques
to
maximize
the
use
of
relevant
observable
inputs
and
minimize
the
use
of
unobservable
inputs.
When
multiple
inputs
are
used
to
derive
fair
value,
the
financial
instrument
is
assigned
to
the
level
within
the
fair
value
hierarchy
based
on
the
lowest-level
input
that
is
significant
to
the
fair
value
of
the
financial
instrument.
Input
levels
are
not
necessarily
an
indication
of
the
risk
or
liquidity
associated
with
financial
instruments
at
that
level
but
rather
the
degree
of
judgment
used
in
determining
those
values.
Valuation
Techniques 
Equity
securities,
including
exchange-traded
funds, listed
or
regularly
traded
on
a
securities
exchange
or
in
the
over-the-
counter
(OTC)
market
are
valued
at
the
last
quoted
sale
price
or,
for
certain
markets,
the
official
closing
price
at
the
time
the
valuations
are
made.
OTC
Bulletin
Board
securities
are
valued
at
the
mean
of
the
closing
bid
and
asked
prices.
A
security
that
is
listed
or
traded
on
more
than
one
exchange
is
valued
T.
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55
at
the
quotation
on
the
exchange
determined
to
be
the
primary
market
for
such
security.
Listed
securities
not
traded
on
a
particular
day
are
valued
at
the
mean
of
the
closing
bid
and
asked
prices
for
domestic
securities.
Debt
securities
generally
are
traded
in
the over-the-counter
(OTC)
market
and
are
valued
at
prices
furnished
by
independent
pricing
services
or
by
broker
dealers
who
make
markets
in
such
securities.
When
valuing
securities,
the
independent
pricing
services
consider
factors
such
as,
but
not
limited
to,
the
yield
or
price
of
bonds
of
comparable
quality,
coupon,
maturity,
and
type,
as
well
as
prices
quoted
by
dealers
who
make
markets
in
such
securities.
Investments
in
mutual
funds
are
valued
at
the
mutual
fund’s
closing
NAV
per
share
on
the
day
of
valuation.
Futures
contracts
are
valued
at
closing
settlement
prices.
Assets
and
liabilities
other
than
financial
instruments,
including
short-
term
receivables
and
payables,
are
carried
at
cost,
or
estimated
realizable
value,
if
less,
which
approximates
fair
value. 
Investments
for
which
market
quotations are
not
readily
available
or
deemed
unreliable
are
valued
at
fair
value
as
determined
in
good
faith
by
the
Valuation
Designee.
The
Valuation
Designee
has
adopted
methodologies
for
determining
the
fair
value
of
investments
for
which
market
quotations
are
not
readily
available
or
deemed
unreliable,
including
the
use
of
other
pricing
sources.
Factors
used
in
determining
fair
value
vary
by
type
of
investment
and
may
include
market
or
investment
specific
considerations.
The
Valuation
Designee typically
will
afford
greatest
weight
to
actual
prices
in
arm’s
length
transactions,
to
the
extent
they
represent
orderly
transactions
between
market
participants,
transaction
information
can
be
reliably
obtained,
and
prices
are
deemed
representative
of
fair
value.
However,
the
Valuation
Designee may
also
consider
other
valuation
methods
such
as
market-based
valuation
multiples;
a
discount
or
premium
from
market
value
of
a
similar,
freely
traded
security
of
the
same
issuer;
discounted
cash
flows;
yield
to
maturity;
or
some
combination.
Fair
value
determinations
are
reviewed
on
a
regular
basis.
Because
any
fair
value
determination
involves
a
significant
amount
of
judgment,
there
is
a
degree
of
subjectivity
inherent
in
such
pricing
decisions. Fair
value
prices
determined
by
the
Valuation
Designee could
differ
from
those
of
other
market
participants,
and
it
is
possible
that
the
fair
value
determined
for
a
security
may
be
materially
different
from
the
value
that
could
be
realized
upon
the
sale
of
that
security.
Valuation
Inputs
  The
following
table
summarizes
the
fund’s
financial
instruments,
based
on
the
inputs
used
to
determine
their
fair
values
on
June
30,
2025
(for
further
detail
by
category,
please
refer
to
the
accompanying
Portfolio
of
Investments): 
T.
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NOTE
3
-
DERIVATIVE
INSTRUMENTS 
During
the
six
months ended
June
30,
2025,
the
fund
invested
in
derivative
instruments.
As
defined
by
GAAP,
a
derivative
is
a
financial
instrument
whose
value
is
derived
from
an
underlying
security
price,
foreign
exchange
rate,
interest
rate,
index
of
prices
or
rates,
or
other
variable;
it
requires
little
or
no
initial
investment
and
permits
or
requires
net
settlement
or
delivery
of
cash
or
other
assets.
The
fund
invests
in
derivatives
only
if
the
expected
risks
and
rewards
are
consistent
with
its
investment
objectives,
policies,
and
overall
risk
profile,
as
described
in
its
prospectus
and
Statement
of
Additional
Information.
The
fund
may
use
derivatives
for
a
variety
of
purposes
and
may
use
them
to
establish
both
long
and
short
positions
within
the
fund’s
portfolio.
Potential
uses
include
to
hedge
against
declines
in
principal
value,
increase
yield,
invest
in
an
asset
with
greater
efficiency
and
at
a
lower
cost
than
is
possible
through
direct
investment,
to
enhance
return,
or
to
adjust
credit
exposure.
The
risks
associated
with
the
use
of
derivatives
are
different
from,
and
potentially
much
greater
than,
the
risks
associated
with
investing
directly
in
the
instruments
on
which
the
derivatives
are
based.
The
fund
values
its
derivatives
at
fair
value
and
recognizes
changes
in
fair
value
currently
in
its
results
of
operations.
Accordingly,
the
fund
does
not
follow
hedge
accounting,
even
for
derivatives
employed
as
economic
hedges.
Generally,
the
fund
accounts
for
its
derivatives
on
a
gross
basis.
It
does
not
offset
the
fair
($000s)
Level
1
Level
2
Level
3
Total
Value
Assets
Common
Stocks
$
980,030‌
$
—‌
$
—‌
$
980,030‌
Short-Term
Investments
4,691‌
480‌
—‌
5,171‌
Securities
Lending
Collateral
23,954‌
—‌
—‌
23,954‌
Total
Securities
1,008,675‌
480‌
—‌
1,009,155‌
Futures
Contracts*
157‌
—‌
—‌
157‌
Total
$
1,008,832‌
$
480‌
$
—‌
$
1,009,312‌
*
The
fair
value
presented
includes
cumulative
gain
(loss)
on
open
futures
contracts;
however,
the
net
value
reflected
on
the
accompanying
Portfolio
of
Investments
is
only
the
unsettled
variation
margin
receivable
(payable)
at
that
date.
T.
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57
value
of
derivative
liabilities
against
the
fair
value
of
derivative
assets
on
its
financial
statements,
nor
does
it
offset
the
fair
value
of
derivative
instruments
against
the
right
to
reclaim
or
obligation
to
return
collateral.
The
following
table
summarizes
the
fair
value
of
the
fund’s
derivative
instruments
held
as
of
June
30,
2025,
and
the
related
location
on
the
accompanying
Statement
of
Assets
and
Liabilities,
presented
by
primary
underlying
risk
exposure: 
Additionally,
the
amount
of
gains
and
losses
on
derivative
instruments
recognized
in
fund
earnings
during
the
six
months ended
June
30,
2025,
and
the
related
location
on
the
accompanying
Statement
of
Operations
is
summarized
in
the
following
table
by
primary
underlying
risk
exposure: 
Counterparty
Risk
and
Collateral
 The
fund
invests
in
exchange-traded
and/or
centrally
cleared
derivative
contracts,
such
as
futures,
exchange-traded
options,
and
centrally
cleared
swaps.
Counterparty
risk
on
such
derivatives
is
minimal
because
the
clearinghouse
provides
protection
against
counterparty
defaults.
($000s)
Location
on
Statement
of
Assets
and
Liabilities
Fair
Value*
Assets
Equity
derivatives
Futures
$
157‌
*
Total
$
157‌
*
The
fair
value
presented
includes
cumulative
gain
(loss)
on
open
futures
contracts;
however,
the
value
reflected
on
the
accompanying
Statement
of
Assets
and
Liabilities
is
only
the
unsettled
variation
margin
receivable
(payable)
at
that
date.
($000s)                                              
Location
of
Gain
(Loss)
on
Statement
of
Operations
Futures
Realized
Gain
(Loss)
Equity
derivatives
$
(693‌)
Total
$
(693‌)
Change
in
Unrealized
Gain
(Loss)
Equity
derivatives
$
490‌
Total
$
490‌
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For
futures
and
centrally
cleared
swaps,
the
fund
is
required
to
deposit
collateral
in
an
amount
specified
by
the
clearinghouse
and
the
clearing
firm
(margin
requirement),
and
the
margin
requirement
must
be
maintained
over
the
life
of
the
contract.
Each
clearinghouse
and
clearing
firm,
in
its
sole
discretion,
may
adjust
the
margin
requirements
applicable
to
the
fund.
Collateral may
be
in
the
form
of
cash
or
debt
securities
issued
by
the
U.S.
government
or
related
agencies.
Cash
posted
by
the
fund
is
reflected
as
cash
deposits
in
the
accompanying
financial
statements
and
generally
is
restricted
from
withdrawal
by
the
fund;
securities
posted
by
the
fund
are
so
noted
in
the
accompanying
Portfolio
of
Investments;
both
remain
in
the
fund’s
assets.
While
typically
not
sold
in
the
same
manner
as
equity
or
fixed
income
securities,
exchange-traded
or
centrally
cleared
derivatives
may
be
closed
out
only
on
the
exchange
or
clearinghouse
where
the
contracts
were
cleared.
This
ability
is
subject
to
the
liquidity
of
underlying
positions. As
of
June
30,
2025,
securities
valued
at $460,000
had
been
posted
by
the
fund
for
exchange-traded
and/or
centrally
cleared
derivatives. 
Futures
Contracts
 The
fund
is
subject
to equity
price
risk in
the
normal
course
of
pursuing
its
investment
objectives
and
uses
futures
contracts
to
help
manage
such
risk.
The
fund
may
enter
into
futures
contracts
as
an
efficient
means
of
maintaining
liquidity
while
being
invested
in
the
market,
to
facilitate
trading,
or
to
reduce
transaction
costs. A
futures
contract
provides
for
the
future
sale
by
one
party
and
purchase
by
another
of
a
specified
amount
of
a
specific
underlying
financial
instrument
at
an
agreed-upon
price,
date,
time,
and
place.
The
fund
currently
invests
only
in
exchange-traded
futures,
which
generally
are
standardized
as
to
maturity
date,
underlying
financial
instrument,
and
other
contract
terms.
Payments
are
made
or
received
by
the
fund
each
day
to
settle
daily
fluctuations
in
the
value
of
the
contract
(variation
margin),
which
reflect
changes
in
the
value
of
the
underlying
financial
instrument.
Variation
margin
is
recorded
as
unrealized
gain
or
loss
until
the
contract
is
closed.
The
value
of
a
futures
contract
included
in
net
assets
is
the
amount
of
unsettled
variation
margin;
net
variation
margin
receivable
is
reflected
as
an
asset
and
net
variation
margin
payable
is
reflected
as
a
liability
on
the
accompanying
Statement
of
Assets
and
Liabilities.
When
a
contract
is
closed,
a
realized
gain
or
loss
is
recorded
on
the
accompanying
Statement
of
Operations.
Risks
related
to
the
use
of
futures
contracts
include
possible
illiquidity
of
the
futures
markets,
contract
prices
that
can
be
highly
volatile
and
imperfectly
correlated
to
movements
in
hedged
security
values,
and
potential
losses
in
excess
of
T.
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Extended
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59
the
fund’s
initial
investment.
During
the
six
months ended
June
30,
2025,
the
volume
of
the
fund’s
activity
in
futures,
based
on
underlying
notional
amounts,
was
generally
less
than
1%
of
net
assets.
NOTE
4
-
OTHER
INVESTMENT
TRANSACTIONS 
Consistent
with
its
investment
objective, the
fund
engages
in
the
following
practices
to
manage
exposure
to
certain
risks
and/or
to
enhance
performance.
The
investment
objective,
policies,
program,
and
risk
factors
of the
fund
are
described
more
fully
in the
fund’s prospectus
and
Statement
of
Additional
Information.
Securities
Lending
 The fund
may
lend
its
securities
to
approved
borrowers
to
earn
additional
income.
Its
securities
lending
activities
are
administered
by
a
lending
agent
in
accordance
with
a
securities
lending
agreement.
Security
loans
generally
do
not
have
stated
maturity
dates,
and
the
fund
may
recall
a
security
at
any
time.
The
fund
receives
collateral
in
the
form
of
cash
or
U.S.
government
securities.
Collateral
is
maintained
over
the
life
of
the
loan
in
an
amount
not
less
than
the
value
of
loaned
securities;
any
additional
collateral
required
due
to
changes
in
security
values
is
delivered
to
the
fund
the
next
business
day.
Cash
collateral
is
invested
in
accordance
with
investment
guidelines
approved
by
fund
management.
Additionally,
the
lending
agent
indemnifies
the
fund
against
losses
resulting
from
borrower
default.
Although
risk
is
mitigated
by
the
collateral
and
indemnification,
the
fund
could
experience
a
delay
in
recovering
its
securities
and
a
possible
loss
of
income
or
value
if
the
borrower
fails
to
return
the
securities,
collateral
investments
decline
in
value,
and
the
lending
agent
fails
to
perform.
Securities
lending
revenue
consists
of
earnings
on
invested
collateral
and
borrowing
fees,
net
of
any
rebates
to
the
borrower,
compensation
to
the
lending
agent,
and
other
administrative
costs.
In
accordance
with
GAAP,
investments
made
with
cash
collateral
are
reflected
in
the
accompanying
financial
statements,
but
collateral
received
in
the
form
of
securities
is
not.
At
June
30,
2025,
the
value
of
loaned
securities
was
$23,305,000;
the
value
of
cash
collateral
and
related
investments
was
$23,954,000.
Other 
Purchases
and
sales
of
portfolio
securities
other
than
in-kind
transactions,
if
any, short-term
and
U.S.
government securities
aggregated $39,310,000 and
$75,390,000,
respectively,
for
the
six
months ended
June
30,
2025. 
T.
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PRICE
Extended
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60
NOTE
5
-
FEDERAL
INCOME
TAXES
Generally,
no
provision
for
federal
income
taxes
is
required
since
the
fund
intends
to continue
to
qualify
as
a
regulated
investment
company
under
Subchapter
M
of
the
Internal
Revenue
Code
and
distribute
to
shareholders
all
of
its taxable
income
and
gains.
Distributions
determined
in
accordance
with
federal
income
tax
regulations
may
differ
in
amount
or
character
from
net
investment
income
and
realized
gains
for
financial
reporting
purposes.
Financial
reporting
records
are
adjusted
for
permanent
book/tax
differences
to
reflect
tax
character
but
are
not
adjusted
for
temporary
differences.
The
amount
and
character
of
tax-basis
distributions
and
composition
of
net
assets
are
finalized
at
fiscal
year-end;
accordingly,
tax-basis
balances
have
not
been
determined
as
of
the
date
of
this
report. 
At
June
30,
2025,
the
cost
of
investments
(including
derivatives,
if
any)
for
federal
income
tax
purposes
was
$592,481,000.
Net
unrealized
gain
aggregated
$416,831,000
at
period-end,
of
which
$503,199,000
related
to
appreciated
investments
and
$86,368,000
related
to
depreciated
investments.
NOTE
6
-
FOREIGN TAXES
The
fund
is
subject
to
foreign
income
taxes
imposed
by
certain
countries
in
which
it
invests.
Additionally,
capital
gains
realized
upon
disposition
of
securities
issued
in
or
by
certain
foreign
countries
are
subject
to
capital
gains
tax
imposed
by
those
countries.
All
taxes
are
computed
in
accordance
with
the
applicable
foreign
tax
law,
and,
to
the
extent
permitted,
capital
losses
are
used
to
offset
capital
gains.
Taxes
attributable
to
income
are
accrued
by
the
fund
as
a
reduction
of
income.
Current
and
deferred
tax
expense
attributable
to
capital
gains
is
reflected
as
a
component
of
realized
or
change
in
unrealized
gain/
loss
on
securities
in
the
accompanying
financial
statements.
To
the
extent
that
the
fund
has
country
specific
capital
loss
carryforwards,
such
carryforwards
are
applied
against
net
unrealized
gains
when
determining
the
deferred
tax
liability.
Any
deferred
tax
liability
incurred
by
the
fund
is
included
in
either
Other
liabilities
or
Deferred
tax
liability
on
the
accompanying
Statement
of
Assets
and
Liabilities.
T.
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PRICE
Extended
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61
NOTE
7
-
RELATED
PARTY
TRANSACTIONS
The
fund
is
managed
by
T.
Rowe
Price
Associates,
Inc.
(Price
Associates),
a
wholly
owned
subsidiary
of
T.
Rowe
Price
Group,
Inc.
(Price
Group). Price
Associates
has
entered
into
a
sub-advisory
agreement(s)
with
one
or
more
of
its
wholly
owned
subsidiaries,
to
provide
investment
advisory
services
to
the
fund. The
investment
management
agreement
between
the
fund
and
Price
Associates
provides
for
an
annual
investment
management
fee
equal
to 0.09%
of
the
fund’s
average
daily
net
assets.
The
fee
is
computed
daily
and
paid
monthly.
The
fund
is
subject
to
a
contractual
expense
limitation
through
the
expense
limitation
date
indicated
in
the
table
below.
This
agreement
will
continue
through
the
expense
limitation
date
indicated
in
the
table
below,
and
may
be
renewed,
revised,
or
revoked
only
with
approval
of
the
fund’s
Board.
During
the
limitation
period,
Price
Associates
is required
to
waive
or
pay
any
expenses
(excluding
interest;
expenses
related
to
borrowings,
taxes,
and
brokerage;
non-recurring,
extraordinary
expenses;
and
acquired
fund
fees
and
expenses)
that
would
otherwise
cause
the fund’s ratio
of
annualized
total
expenses
to
average
net
assets
(net
expense
ratio)
to
exceed
its
expense
limitation.
The
Fund
is
required
to
repay
Price
Associates
for
expenses
previously
waived/paid
to
the
extent
its net
assets
grow
or
expenses
decline
sufficiently
to
allow
repayment
without
causing
the fund’s net
expense
ratio
(after
the
repayment
is
taken
into
account)
to
exceed
the
lesser
of:
(1)
the
expense
limitation
in
place
at
the
time
such
amounts
were
waived;
or
(2)
the fund’s
current
expense
limitation.
However,
no
repayment
will
be
made
more
than
three
years
after
the
date
of
a
payment
or
waiver.
In
addition,
the
fund
is
subject
to
a
permanent
contractual
expense
limitation,
pursuant
to
which
Price
Associates
is
required
to
waive or
pay
any
expenses
(excluding
interest;
expenses
related
to
borrowings,
taxes,
and
brokerage;
non-
recurring,
extraordinary
expenses;
and
acquired
fund
fees
and
expenses)
that
would
otherwise
cause
the fund’s
ratio
of
annualized
total
expenses
to
average
net
assets
(net
expense
ratio)
to
exceed
0.35%.
The
agreement
may
only
be
terminated
with
approval
by
the
fund’s
shareholders.
The
fund is
required
to
repay
Price
Associates
for
expenses
previously
waived/paid
to
the
extent
the fund’s
net
assets
grow
or
expenses
decline
sufficiently
to
allow
repayment
without
causing
the fund’s
net
expense
ratio
(after
the
repayment
is
taken
into
account)
to
exceed
the
lesser
of:
(1)
the
expense
limitation
in
place
at
the
time
such
amounts
were
waived;
or
(2)
the fund’s
current
expense
limitation.
T.
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PRICE
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62
However,
no
repayment
will
be
made
more
than
three
years
after
the
date
of
a
payment
or
waiver. No
management
fees
were
waived
or
any
expenses
paid
under
this
arrangement
during the
six
months ended
June
30,
2025. 
In
addition,
the
fund
has
entered
into
service
agreements
with
Price
Associates
and
two
wholly
owned
subsidiaries
of
Price
Associates,
each
an
affiliate
of
the
fund
(collectively,
Price).
Price
Associates
provides
certain
accounting
and
administrative
services
to
the
fund.
T.
Rowe
Price
Services,
Inc.
provides
shareholder
and
administrative
services
in
its
capacity
as
the
fund’s
transfer
and
dividend-disbursing
agent.
T.
Rowe
Price
Retirement
Plan
Services,
Inc.
provides
subaccounting
and
recordkeeping
services
for
certain
retirement
accounts
invested
in
the
fund.
For
the
six
months
ended
June
30,
2025,
expenses
incurred
pursuant
to
these
service
agreements
were
$63,000
for
Price
Associates;
$310,000
for
T.
Rowe
Price
Services,
Inc.;
and
$41,000
for
T.
Rowe
Price
Retirement
Plan
Services,
Inc.
All
amounts
due
to
and
due
from
Price,
exclusive
of
investment
management
fees
payable,
are
presented
net
on
the
accompanying
Statement
of
Assets
and
Liabilities.
T.
Rowe
Price
Investment
Services,
Inc.
(Investment
Services)
serves
as
distributor
to
the
fund.
Pursuant
to
an
underwriting
agreement,
no
compensation
for
any
distribution
services
provided
is
paid
to
Investment
Services
by
the
fund
(except
for
12b-1
fees
under
a
Board-approved
Rule
12b-1
plan).
The fund
may
invest
its
cash
reserves
in
certain
open-end
management
investment
companies
managed
by
Price
Associates
and
considered
affiliates
of
the
fund:
the
T.
Rowe
Price
Government
Reserve
Fund
or
the
T.
Rowe
Price
Treasury
Reserve
Fund,
organized
as
money
market
funds
(together,
the
Price
Reserve
Funds).
The
Price
Reserve
Funds
are
offered
as
short-term
investment
options
to
mutual
funds,
trusts,
and
other
accounts
managed
by
Price
Associates
or
its
affiliates
and
are
not
available
for
direct
purchase
by
members
of
the
public.
Cash
collateral
from
securities
lending,
if
any,
is
invested
in
the
T.
Rowe
Price
Government
Reserve Fund. The
Price
Reserve
Funds
pay
no
investment
management
fees.
The fund may
participate
in
securities
purchase
and
sale
transactions
with
other
funds
or
accounts
advised
by
Price
Associates
(cross
trades),
in
accordance
with
procedures
adopted
by the
fund’s
Board
and
Securities
and
Exchange
Commission
rules,
which
require,
among
other
things,
that
such
purchase
and
sale
cross
trades
be
effected
at
the
independent
current
market
price
of
the
security.
During
the
six
months
ended
June
30,
2025,
the
fund
had
no
purchases
or
sales
cross
trades
with
other
funds
or
accounts
advised
by
Price
Associates.
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
63
NOTE
8
-
SEGMENT
REPORTING
Operating segments
are
defined
as
components
of
a
company
that
engage
in
business
activities
and
for
which
discrete
financial
information
is
available
and
regularly
reviewed
by
the
chief
operating
decision
maker
(CODM)
in
deciding
how
to
allocate
resources
and
assess
performance.
The
Management
Committee
of
Price
Associates
acts
as
the
fund’s
CODM.
The
fund
makes
investments
in
accordance
with
its
investment
objective
as
outlined
in
the
Prospectus
and
is
considered
one
reportable
segment
because
the
CODM
allocates
resources
and
assesses
the
operating
results
of
the
fund
on
the
whole.
The
fund’s
revenue
is
derived
from
investments
in
a
portfolio
of
securities.
The
CODM
allocates
resources
and
assesses
performance
based
on
the
operating
results
of
the
fund,
which
is
consistent
with
the
results
presented
in
the
statement
of
operations,
statement
of
changes
in
net
assets
and
financial
highlights.
The
CODM
compares
the
fund’s
performance
to
its
benchmark
index
and
evaluates
the
positioning
of
the
fund
in
relation
to
its
investment
objective.
The
measure
of
segment
assets
is
net
assets
of
the
fund
which
is
disclosed
in
the
statement
of
assets
and
liabilities.
The accounting
policies
of
the
segment
are
the
same
as
those
described
in
the
summary
of
significant
accounting
policies.
The
financial
statements
include
all
details
of
the
segment
assets,
segment
revenue
and
expenses;
and
reflect
the
financial
results
of
the
segment.
NOTE
9
-
OTHER
MATTERS
Unpredictable environmental,
political,
social
and
economic
events,
including
but
not
limited
to,
environmental
or
natural
disasters,
war
and
conflict,
terrorism,
geopolitical
and
regulatory
developments
(including
trading
and
tariff
arrangements),
and
public
health
epidemics
or
threats,
may
significantly
affect
the
economy
and
the
markets
and
issuers
in
which
a
fund
invests.
The
extent
and
duration
of
such
events
and
resulting
market
disruptions
cannot
be
predicted.
These
and
other
similar
events
may
cause
instability
across
global
markets,
including
reduced
liquidity
and
disruptions
in
trading
markets,
while
some
events
may
affect
certain
geographic
regions,
countries,
sectors,
and
industries
more
significantly
than
others,
and
exacerbate
other
pre-
existing
political,
social,
and
economic
risks.
The
fund’s
performance
could
be
negatively
impacted
if
the
value
of
a
portfolio
holding
were
harmed
by
these
or
such
events.
T.
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64
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
Each
year,
the
fund’s
Board
of
Directors
(Board)
considers
the
continuation
of
the
investment
management
agreement
(Advisory
Contract)
between
the
fund
and
its
investment
adviser,
T.
Rowe
Price
Associates,
Inc.
(Adviser),
as
well
as
the
investment
subadvisory
agreement
(Subadvisory
Contract)
that
the
Adviser
has
entered
into
with
T.
Rowe
Price
International
Ltd
(Subadviser)
on
behalf
of
the
fund.
In
that
regard,
at
a
meeting
held
on
March
12–13,
2025
(Meeting),
the
Board,
including
all
of
the
fund’s
independent
directors
present
in
person
at
the
Meeting,
approved
the
continuation
of
the
fund’s
Advisory
Contract
and
Subadvisory
Contract.
At
the
Meeting,
the
Board
considered
the
factors
and
reached
the
conclusions
described
below
relating
to
the
selection
of
the
Adviser
and
Subadviser
and
the
approval
of
the
Advisory
Contract
and
Subadvisory
Contract.
The
independent
directors
were
assisted
in
their
evaluation
of
the
Advisory
Contract
and
Subadvisory
Contract
by
independent
legal
counsel
from
whom
they
received
separate
legal
advice
and
with
whom
they
met
separately.
In
providing
information
to
the
Board,
the
Adviser
was
guided
by
a
detailed
set
of
requests
for
information
submitted
by
independent
legal
counsel
on
behalf
of
the
independent
directors.
In
considering
and
approving
the
continuation
of
the
Advisory
Contract
and
Subadvisory
Contract,
the
Board
considered
the
information
it
believed
was
relevant,
including,
but
not
limited
to,
the
information
discussed
below.
The
Board
considered
not
only
the
specific
information
presented
in
connection
with
the
Meeting,
but
also
the
knowledge
gained
over
time
through
interaction
with
the
Adviser
and
Subadviser
about
various
topics.
The
Board
meets
regularly
and,
at
each
of
its
meetings,
covers
an
extensive
agenda
of
topics
and
materials
and
considers
factors
that
are
relevant
to
its
annual
consideration
of
the
renewal
of
the
T.
Rowe
Price
funds’
advisory
contracts,
including
performance
and
the
services
and
support
provided
to
the
funds
and
their
shareholders.
Services
Provided
by
the
Adviser
and
Subadviser
The
Board
considered
the
nature,
quality,
and
extent
of
the
services
provided
to
the
fund
by
the
Adviser
and
Subadviser.
These
services
included,
but
were
not
limited
to,
directing
the
fund’s
investments
in
accordance
with
its
investment
program
and
the
overall
management
of
the
fund’s
portfolio,
as
well
as
a
variety
of
related
activities
such
as
financial,
investment
operations,
and
administrative
services;
compliance;
maintaining
the
fund’s
records
and
registrations;
and
shareholder
communications.
The
Board
also
reviewed
the
background
and
experience
of
the
Adviser’s
and
Subadviser’s
senior
management
teams
and
investment
personnel
involved
in
the
management
of
the
fund,
as
well
as
the
Adviser’s
compliance
record.
The
Board
concluded
that
the
information
it
considered
with
respect
to
the
nature,
quality,
and
extent
of
the
services
provided
by
the
Adviser
and
Subadviser,
as
well
as
the
other
factors
considered
at
the
Meeting,
supported
the
Board’s
approval
of
the
continuation
of
the
Advisory
Contract
and
Subadvisory
Contract.
T.
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PRICE
Extended
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Fund
65
Investment
Performance
of
the
Fund
The
Board
took
into
account
discussions
with
the
Adviser
and
detailed
reports
that
it
regularly
receives
throughout
the
year
on
relative
and
absolute
performance
for
the
T.
Rowe
Price
funds.
In
connection
with
the
Meeting,
the
Board
reviewed
information
provided
by
the
Adviser
that
compared
the
fund’s
total
returns,
as
well
as
a
wide
variety
of
other
previously
agreed-upon
performance
measures
and
market
data,
against
relevant
benchmark
indexes
and
peer
groups
of
funds
with
similar
investment
programs
for
various
periods
through
December
31,
2024.
Additionally,
the
Board
reviewed
the
fund’s
relative
performance
information
as
of
September
30,
2024,
which
ranked
the
returns
of
the
fund
for
various
periods
against
a
universe
of
funds
with
similar
investment
programs
selected
by
Broadridge,
an
independent
provider
of
mutual
fund
data.
In
the
course
of
its
deliberations,
the
Board
considered
performance
information
provided
throughout
the
year
and
in
connection
with
the
Advisory
Contract
review
at
the
Meeting,
as
well
as
information
provided
during
investment
review
meetings
conducted
with
portfolio
managers
and
senior
investment
personnel
during
the
course
of
the
year
regarding
the
fund’s
performance.
The
Board
also
considered
relevant
factors,
such
as
overall
market
conditions
and
trends
that
could
adversely
impact
the
fund’s
performance,
length
of
the
fund’s
performance
track
record,
and
how
closely
the
fund’s
strategies
align
with
its
benchmarks
and
peer
groups.
The
Board
concluded
that
the
information
it
considered
with
respect
to
the
fund’s
performance,
as
well
as
the
other
factors
considered
at
the
Meeting,
supported
the
Board’s
approval
of
the
continuation
of
the
Advisory
Contract.
Costs,
Benefits,
Profits,
and
Economies
of
Scale
The
Board
reviewed
detailed
information
regarding
the
revenues
received
by
the
Adviser
under
the
Advisory
Contract
and
other
direct
and
indirect
benefits
that
the
Adviser
(and
its
affiliates,
including
the
Subadviser)
may
have
realized
from
its
relationship
with
the
fund.
In
considering
soft-dollar
arrangements,
the
Board
noted
that,
effective
January
1,
2024,
the
Adviser
began
using
brokerage
commissions
in
connection
with
certain
T.
Rowe
Price
funds’
securities
transactions
to
pay
for
research
when
permissible,
and
the
Board
considered
that
the
Adviser
may
receive
some
benefit
from
soft-dollar
arrangements
pursuant
to
which
research
is
received
from
broker-dealers
that
execute
the
applicable
fund’s
portfolio
transactions.
The
Board
received
information
on
the
estimated
costs
incurred
and
profits
realized
by
the
Adviser
from
managing
the
T.
Rowe
Price
funds.
The
Board
also
reviewed
estimates
of
the
profits
realized
from
managing
the
fund
in
particular,
and
the
Board
concluded
that
the
Adviser’s
profits
were
reasonable
in
light
of
the
services
provided
to
the
fund.
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
66
The
Board
also
considered
whether
the
fund
benefits
under
the
fee
levels
set
forth
in
the
Advisory
Contract
or
otherwise
from
any
economies
of
scale
realized
by
the
Adviser.
Under
the
Advisory
Contract,
the
fund
pays
a
fee
to
the
Adviser
for
investment
management
services
based
on
the
fund’s
average
daily
net
assets
and
the
fund
pays
its
own
expenses
of
operations.
Under
the
Subadvisory
Contract,
the
Adviser
may
pay
the
Subadviser
up
to
60%
of
the
advisory
fees
that
the
Adviser
receives
from
the
fund.
The
fund
is
subject
to
a
permanent
expense
limitation
under
which
the
Adviser
has
agreed
to
waive
a
portion
of
the
management
fee
it
is
entitled
to
receive
from
the
fund
in
order
to
limit
the
fund’s
overall
management
fee
rate
to
0.35%
of
the
fund’s
average
daily
net
assets.
The
fund’s
shareholders
benefit
from
potential
economies
of
scale
through
a
decline
in
certain
operating
expenses
as
the
fund
grows
in
size.
However,
the
fund
is
also
subject
to
a
contractual
expense
limitation
that
requires
the
Adviser
to
waive
its
fees
and/or
bear
any
expenses
that
would
otherwise
cause
the
expenses
of
the
fund
to
exceed
a
certain
percentage
based
on
the
fund’s
net
assets.
The
expense
limitation
mitigates
the
potential
for
an
increase
in
operating
expenses
above
a
certain
level
that
could
impact
shareholders.
In
addition,
the
Board
noted
that
the
fund
potentially
shares
in
indirect
economies
of
scale
through
the
Adviser’s
ongoing
investments
in
its
business
in
support
of
the
T.
Rowe
Price
funds,
including
investments
in
trading
systems,
technology,
and
regulatory
support
enhancements,
and
the
ability
to
possibly
negotiate
lower
fee
arrangements
with
third-party
service
providers.
The
Board
concluded
that
the
advisory
fee
structure
for
the
fund
provides
for
a
reasonable
sharing
of
benefits
from
any
economies
of
scale
with
the
fund’s
investors.
Fees
and
Expenses
The
Board
was
provided
with
information
regarding
industry
trends
in
management
fees
and
expenses.
Among
other
things,
the
Board
reviewed
data
for
peer
groups
that
were
compiled
by
Broadridge,
which
compared:
(i)
contractual
management
fees,
actual
management
fees,
nonmanagement
expenses,
and
total
expenses
of
the
fund
with
a
group
of
competitor
funds
selected
by
Broadridge
(Expense
Group);
and
(ii)
actual
management
fees,
nonmanagement
expenses,
and
total
expenses
of
the
fund
with
a
broader
set
of
funds
within
the
Lipper
investment
classification
(Expense
Universe).
The
Board
considered
the
fund’s
contractual
management
fee
rate,
actual
management
fee
rate
(which
reflects
the
management
fees
actually
received
from
the
fund
by
the
Adviser
after
any
applicable
waivers,
reductions,
or
reimbursements),
operating
expenses,
and
total
expenses
(which
reflect
the
net
total
expense
ratio
of
the
fund
after
any
waivers,
reductions,
or
reimbursements)
in
comparison
with
the
information
for
the
Broadridge
peer
groups.
Broadridge
generally
constructed
the
peer
groups
by
seeking
the
most
comparable
funds
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
67
based
on
similar
investment
classifications
and
objectives,
expense
structure,
asset
size,
and
operating
components
and
attributes
and
ranked
funds
into
quintiles,
with
the
first
quintile
representing
the
funds
with
the
lowest
relative
expenses
and
the
fifth
quintile
representing
the
funds
with
the
highest
relative
expenses.
The
information
provided
to
the
Board
indicated
that
the
fund’s
contractual
management
fee
ranked
in
the
second
quintile
(Expense
Group),
the
fund’s
actual
management
fee
rate
ranked
in
the
third
quintile
(Expense
Group
and
Expense
Universe),
and
the
fund’s
total
expenses
ranked
in
the
third
quintile
(Expense
Group
and
Expense
Universe).
The
Board
also
reviewed
the
fee
schedules
for
other
investment
portfolios
with
similar
mandates
that
are
advised
or
subadvised
by
the
Adviser
and
its
affiliates,
including
separately
managed
accounts
for
institutional
and
individual
investors;
subadvised
funds;
and
other
sponsored
investment
portfolios,
including
collective
investment
trusts
and
pooled
vehicles
organized
and
offered
to
investors
outside
the
United
States.
The
fee
schedules,
which
are
subject
to
change,
may
be
negotiated
under
certain
circumstances
and
may
differ
across
regions.
Management
provided
the
Board
with
information
about
the
Adviser’s
responsibilities
and
services
provided
to
subadvisory
and
other
institutional
account
clients,
including
information
about
how
the
requirements
and
economics
of
the
institutional
domestic
and
international
businesses
are
fundamentally
different
from
those
of
the
proprietary
mutual
fund
and
ETF
(“registered
fund”)
business. The
Board
considered
information
showing
that
the
Adviser’s
registered
fund
business
is
generally
more
complex
from
a
business
and
compliance
perspective
than
its
other
domestic
and
international
businesses
and
considered
various
relevant
factors,
such
as
the
broader
scope
of
operations
and
oversight,
more
extensive
shareholder
communication
infrastructure,
greater
asset
flows,
heightened
business
risks,
and
differences
in
applicable
laws
and
regulations
associated
with
the
Adviser’s
proprietary
registered
fund
business. In
assessing
the
reasonableness
of
the
fund’s
management
fee
rate,
the
Board
considered
the
differences
in
the
nature
of
the
services
required
for
the
Adviser
to
manage
its
registered
fund
business
versus
managing
a
discrete
pool
of
assets
as
a
subadviser
to
another
institution’s
mutual
fund
or
for
an
institutional
account
and
that
the
Adviser
generally
performs
significant
additional
services
and
assumes
greater
risk
in
managing
the
fund
and
other
T.
Rowe
Price
funds
than
it
does
for
institutional
account
clients,
including
subadvised
funds.
On
the
basis
of
the
information
provided
and
the
factors
considered,
the
Board
concluded
that
the
fees
paid
by
the
fund
under
the
Advisory
Contract
are
reasonable.
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
T.
ROWE
PRICE
Extended
Equity
Market
Index
Fund
68
Approval
of
the
Advisory
Contract
and
Subadvisory
Contract
As
noted,
the
Board
approved
the
continuation
of
the
Advisory
Contract
and
Subadvisory
Contract.
No
single
factor
was
considered
in
isolation
or
to
be
determinative
to
the
decision.
Rather,
the
Board
concluded,
in
light
of
a
weighting
and
balancing
of
all
factors
considered,
that
it
was
in
the
best
interests
of
the
fund
and
its
shareholders
for
the
Board
to
approve
the
continuation
of
the
Advisory
Contract
and
Subadvisory
Contract
(including
the
fees
to
be
charged
for
services
thereunder).
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
1307
Point
Street
Baltimore,
Maryland
21231
T.
Rowe
Price
Investment
Services,
Inc.
Call
1-800-225-5132
to
request
a
prospectus
or
summary
prospectus;
each
includes
investment
objectives,
risks,
fees,
expenses,
and
other
information
that
you
should
read
and
consider
carefully
before
investing.
F124-051
8/25


Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies.

Not applicable.

Item 9. Proxy Disclosures for Open-End Management Investment Companies.

Not applicable.

Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.

Remuneration paid to Directors is included in Item 7 of this Form N-CSR.

 


Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

If applicable, see Item 7.

Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 13. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 15. Submission of Matters to a Vote of Security Holders.

There has been no change to the procedures by which shareholders may recommend nominees to the registrant’s board of directors.

Item 16. Controls and Procedures.

(a)  The registrant’s principal executive officer and principal financial officer have evaluated the registrant’s disclosure controls and procedures within 90 days of this filing and have concluded that the registrant’s disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant in this Form N-CSR was recorded, processed, summarized, and reported timely.

(b)  The registrant’s principal executive officer and principal financial officer are aware of no change in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 18. Recovery of Erroneously Awarded Compensation.

Not applicable.

Item 19. Exhibits.

 

(a)(1)    

The registrant’s code of ethics pursuant to Item 2 of Form N-CSR is filed with the registrant’s annual Form N-CSR.

    (2)    

Listing standards relating to recovery of erroneously awarded compensation: Not applicable.

    (3)    

Separate certifications by the registrant’s principal executive officer and principal financial officer, pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and required by Rule 30a-2(a) under the Investment Company Act of 1940, are attached.

(b)        

A certification by the registrant’s principal executive officer and principal financial officer, pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and required by Rule 30a-2(b) under the Investment Company Act of 1940, is attached.

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

T. Rowe Price Index Trust, Inc.
By  

/s/ David Oestreicher

     
  David Oestreicher  
  Principal Executive Officer  
Date    August 19, 2025  

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By  

/s/ David Oestreicher

     
  David Oestreicher  
  Principal Executive Officer  
Date   

August 19, 2025

 

 

By  

/s/ Alan S. Dupski

     
  Alan S. Dupski  
  Principal Financial Officer  
Date   

August 19, 2025

 
 

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

302 CERTIFICATIONS

906 CERTIFICATIONS

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