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)
100 East Pratt Street, Baltimore, MD 21202
(Address of principal executive offices)
David Oestreicher
100 East Pratt Street, Baltimore, MD 21202
(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, 2024
Item 1. Reports to Shareholders
(a) Report pursuant to Rule 30e-1
Semi-Annual Shareholder Report
June 30, 2024
Total Equity Market Index Fund
This semi-annual shareholder report contains important information about Total Equity Market Index Fund (the "fund") for the period of January 1, 2024 to June 30, 2024. 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 |
---|
Total Equity Market Index Fund | $10 | 0.18% |
What are some fund statistics?
Total Net Assets (000s) | $2,549,071 |
Number of Portfolio Holdings | 1,197 |
| |
Portfolio Turnover Rate | 2.8% |
What did the fund invest in?
Sector Allocation (as a % of Net Assets)
Information Technology | 30.3% |
Financials | 13.0 |
Health Care | 11.8 |
Consumer Discretionary | 10.2 |
Industrials & Business Services | 9.4 |
Communication Services | 8.6 |
Consumer Staples | 5.3 |
Energy | 3.8 |
Materials | 2.5 |
Other | 5.1 |
Top Ten Holdings (as a % of Net Assets)
Microsoft | 6.3% |
NVIDIA | 5.8 |
Apple | 5.8 |
Alphabet | 3.8 |
Amazon.com | 3.4 |
Meta Platforms | 2.1 |
Berkshire Hathaway | 1.4 |
Eli Lilly | 1.4 |
Broadcom | 1.3 |
JPMorgan Chase | 1.1 |
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.
Total Equity Market Index Fund
(POMIX)
T. Rowe Price Investment Services, Inc.
100 East Pratt Street
Baltimore, MD 21202
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
Financial
Statements
and
Other
Information
For
more
insights
from
T.
Rowe
Price
investment
professionals,
go
to
troweprice.com
.
T.
ROWE
PRICE
POMIX
Total
Equity
Market
Index
Fund
–
.
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
(Unaudited)
For
a
share
outstanding
throughout
each
period
6
Months
.
Ended
6/30/24
..
Year
..
..
Ended
.
12/31/23
12/31/22
12/31/21
12/31/20
12/31/19
NET
ASSET
VALUE
Beginning
of
period
$
51.10
$
41.03
$
51.79
$
41.94
$
35.56
$
27.69
Investment
activities
Net
investment
income
(1)(2)
0.32
0.67
0.59
0.49
0.54
0.52
Net
realized
and
unrealized
gain/
loss
6.65
10.14
(10.74)
10.15
6.49
7.96
Total
from
investment
activities
6.97
10.81
(10.15)
10.64
7.03
8.48
Distributions
Net
investment
income
—
(0.61)
(0.60)
(0.53)
(0.49)
(0.54)
Net
realized
gain
—
(0.13)
(0.01)
(0.26)
(0.16)
(0.07)
Total
distributions
—
(0.74)
(0.61)
(0.79)
(0.65)
(0.61)
NET
ASSET
VALUE
End
of
period
$
58.07
$
51.10
$
41.03
$
51.79
$
41.94
$
35.56
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
(Unaudited)
For
a
share
outstanding
throughout
each
period
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
.
Ended
6/30/24
..
Year
..
..
Ended
.
12/31/23
12/31/22
12/31/21
12/31/20
12/31/19
Ratios/Supplemental
Data
Total
return
(2)(3)
13.64%
26.38%
(19.61)%
25.41%
19.82%
30.67%
Ratios
to
average
net
assets:
(2)
Gross
expenses
before
waivers/
payments
by
Price
Associates
0.18%
(4)
0.19%
0.21%
0.26%
0.30%
0.30%
Net
expenses
after
waivers/
payments
by
Price
Associates
0.18%
(4)
0.19%
0.21%
0.26%
0.30%
0.30%
Net
investment
income
1.16%
(4)
1.45%
1.34%
1.03%
1.52%
1.60%
Portfolio
turnover
rate
2.8%
5.8%
4.8%
20.0%
10.1%
4.7%
Net
assets,
end
of
period
(in
millions)
$2,549
$2,278
$1,870
$2,661
$2,431
$2,116
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
Total
Equity
Market
Index
Fund
June
30,
2024
(Unaudited)
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
COMMON
STOCKS
99.6%
COMMUNICATION
SERVICES
8.6%
Diversified
Telecommunication
Services
0.6%
AT&T
312,151
5,965
ATN
International
7,701
175
GCI
Liberty,
Class
A,
EC (1)(2)
6,211
—
Globalstar (1)
187,300
210
Iridium
Communications
14,917
397
Liberty
Global,
Class
A (1)
9,307
162
Liberty
Global,
Class
C (1)
6,207
111
Lumen
Technologies (1)(3)
184,380
203
Verizon
Communications
191,169
7,884
15,107
Entertainment
1.2%
AMC
Entertainment
Holdings,
Class
A (1)
1,817
9
Electronic
Arts
8,800
1,226
Endeavor
Group
Holdings,
Class
A
9,067
245
Liberty
Media
Corp-Liberty
Formula
One,
Class
A (1)
5,400
347
Liberty
Media
Corp-Liberty
Formula
One,
Class
C (1)
14,600
1,049
Live
Nation
Entertainment (1)
9,072
851
Madison
Square
Garden
Sports (1)
533
100
Netflix (1)
21,568
14,556
Playtika
Holding
34,200
269
ROBLOX,
Class
A (1)
20,768
773
Roku (1)
7,141
428
Sphere
Entertainment (1)
6,533
229
Take-Two
Interactive
Software (1)
7,167
1,114
Walt
Disney
84,543
8,394
Warner
Bros
Discovery (1)
52,596
391
Warner
Music
Group,
Class
A (3)
13,279
407
30,388
Interactive
Media
&
Services
6.0%
Alphabet,
Class
A
286,008
52,096
Alphabet,
Class
C
238,169
43,685
IAC (1)
4,252
199
Match
Group (1)
19,023
578
Meta
Platforms,
Class
A
106,927
53,915
Pinterest,
Class
A (1)
33,221
1,464
Snap,
Class
A (1)
44,822
745
Vimeo (1)
42,108
157
Ziff
Davis (1)
2,400
132
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
ZoomInfo
Technologies (1)
12,000
153
153,124
Media
0.6%
AMC
Networks,
Class
A (1)
22,825
220
Charter
Communications,
Class
A (1)
4,006
1,198
Comcast,
Class
A
180,939
7,086
EchoStar,
Class
A (1)
14,326
255
Entravision
Communications,
Class
A
32,400
66
Fox,
Class
A
10,361
356
Gray
Television
45,900
239
Interpublic
Group
14,039
408
Liberty
Broadband,
Class
C (1)
2,900
159
New
York
Times,
Class
A
7,800
399
News,
Class
A
32,096
885
News,
Class
B
23,655
672
Nexstar
Media
Group
913
152
Omnicom
Group
7,700
691
Paramount
Global,
Class
B
41,994
436
Scholastic
10,500
372
TEGNA
21,400
298
Trade
Desk,
Class
A (1)
23,800
2,325
16,217
Wireless
Telecommunication
Services
0.2%
Telephone
&
Data
Systems
18,600
386
T-Mobile
U.S.
28,669
5,051
United
States
Cellular (1)
5,613
313
5,750
Total
Communication
Services
220,586
CONSUMER
DISCRETIONARY
10.2%
Automobile
Components
0.2%
Aptiv (1)
13,200
930
Autoliv
7,700
824
BorgWarner
16,517
533
Fox
Factory
Holding (1)
2,600
125
Lear
1,400
160
Mobileye
Global,
Class
A (1)
2,060
58
Modine
Manufacturing (1)
7,243
726
Phinia
5,803
228
QuantumScape (1)
31,500
155
Standard
Motor
Products
5,700
158
Stoneridge (1)
6,900
110
Visteon (1)
3,600
384
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
XPEL (1)
3,100
110
4,501
Automobiles
1.3%
Ford
Motor
157,752
1,978
General
Motors
59,820
2,779
Rivian
Automotive,
Class
A (1)
43,745
587
Tesla (1)
132,996
26,317
Thor
Industries
4,800
449
Winnebago
Industries
4,499
244
32,354
Broadline
Retail
3.5%
Amazon.com (1)
445,722
86,136
eBay
22,937
1,232
Etsy (1)
5,142
303
Kohl's
18,400
423
Ollie's
Bargain
Outlet
Holdings (1)
4,699
462
88,556
Distributors
0.1%
Genuine
Parts
5,800
802
LKQ
14,800
616
Pool
1,405
432
1,850
Diversified
Consumer
Services
0.1%
Adtalem
Global
Education (1)
5,400
368
Bright
Horizons
Family
Solutions (1)
6,846
754
Frontdoor (1)
8,450
285
H&R
Block
11,652
632
Service
Corp
International
2,800
199
Strategic
Education
4,544
503
2,741
Hotels,
Restaurants
&
Leisure
2.1%
Airbnb,
Class
A (1)
22,880
3,469
Aramark
9,000
306
Bloomin'
Brands
4,500
87
Booking
Holdings
1,741
6,897
Boyd
Gaming
6,500
358
Caesars
Entertainment (1)
5,784
230
Carnival (1)
36,330
680
Chipotle
Mexican
Grill (1)
73,500
4,605
Chuy's
Holdings (1)
11,200
290
Cracker
Barrel
Old
Country
Store (3)
1,524
64
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Darden
Restaurants
3,800
575
Domino's
Pizza
2,500
1,291
DoorDash,
Class
A (1)
16,663
1,813
DraftKings,
Class
A (1)
31,124
1,188
Expedia
Group (1)
5,790
729
Hilton
Grand
Vacations (1)
5,040
204
Hilton
Worldwide
Holdings
14,999
3,273
Jack
in
the
Box
1,518
77
Las
Vegas
Sands
27,128
1,200
Light
&
Wonder (1)
2,700
283
Marriott
International,
Class
A
12,664
3,062
Marriott
Vacations
Worldwide
2,386
208
McDonald's
35,203
8,971
MGM
Resorts
International (1)
18,855
838
Norwegian
Cruise
Line
Holdings (1)
35,183
661
Papa
John's
International
1,800
85
Penn
Entertainment (1)(3)
9,484
184
Planet
Fitness,
Class
A (1)
7,793
574
Royal
Caribbean
Cruises (1)
11,359
1,811
Six
Flags
Entertainment (1)
6,826
226
Starbucks
51,951
4,044
Travel
+
Leisure
8,330
375
United
Parks
&
Resorts (1)
6,300
342
Vail
Resorts
2,100
378
Wendy's
17,675
300
Wingstop
3,306
1,397
Wyndham
Hotels
&
Resorts
5,130
380
Wynn
Resorts
6,906
618
Yum!
Brands
11,963
1,585
53,658
Household
Durables
0.4%
DR
Horton
13,619
1,919
Ethan
Allen
Interiors
11,113
310
Garmin
7,417
1,208
Helen
of
Troy (1)
1,800
167
Hovnanian
Enterprises,
Class
A (1)
3,343
474
iRobot (1)
10,400
95
La-Z-Boy
9,300
347
Leggett
&
Platt
12,800
147
Lennar,
Class
A
11,393
1,707
Mohawk
Industries (1)
2,113
240
Newell
Brands
17,554
113
NVR (1)
210
1,594
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
PulteGroup
8,839
973
Taylor
Morrison
Home (1)
9,419
522
TopBuild (1)
2,237
862
Tri
Pointe
Homes (1)
15,536
579
Whirlpool
2,822
288
11,545
Leisure
Products
0.1%
Brunswick
7,200
524
Hasbro
6,700
392
Mattel (1)
29,800
485
Peloton
Interactive,
Class
A (1)
43,881
148
Polaris
2,500
196
YETI
Holdings (1)
4,600
175
1,920
Specialty
Retail
2.0%
Advance
Auto
Parts
7,284
461
American
Eagle
Outfitters
8,947
179
AutoZone (1)
1,010
2,994
Bath
&
Body
Works
25,485
995
Best
Buy
3,136
264
Burlington
Stores (1)
6,361
1,527
Carvana (1)
6,000
772
Dick's
Sporting
Goods
3,600
773
Five
Below (1)
3,704
404
Floor
&
Decor
Holdings,
Class
A (1)
7,691
765
Foot
Locker
3,003
75
GameStop,
Class
A (1)
8,800
217
Group
1
Automotive
700
208
Home
Depot
48,737
16,777
Lithia
Motors
1,300
328
LL
Flooring
Holdings (1)
61,800
88
Lowe's
27,069
5,968
Murphy
USA
941
442
O'Reilly
Automotive (1)
3,489
3,685
PetMed
Express
65,700
266
RH (1)
1,100
269
Ross
Stores
20,473
2,975
Sleep
Number (1)
3,650
35
TJX
55,689
6,131
Tractor
Supply
3,500
945
Ulta
Beauty (1)
2,645
1,021
Upbound
Group
9,052
278
Valvoline (1)
5,943
257
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Victoria's
Secret (1)
6,080
107
Wayfair,
Class
A (1)(3)
4,366
230
Williams-Sonoma
2,266
640
50,076
Textiles,
Apparel
&
Luxury
Goods
0.4%
Carter's
3,300
204
Columbia
Sportswear
3,600
285
Crocs (1)
4,500
657
Deckers
Outdoor (1)
1,368
1,324
Lululemon
Athletica (1)
5,574
1,665
Movado
Group
6,600
164
NIKE,
Class
B
64,400
4,854
Ralph
Lauren
4,600
805
Skechers
USA,
Class
A (1)
7,579
524
Tapestry
2,841
122
Unifi (1)
21,432
126
VF
10,200
138
10,868
Total
Consumer
Discretionary
258,069
CONSUMER
STAPLES
5.3%
Beverages
1.2%
Boston
Beer,
Class
A (1)
700
213
Brown-Forman,
Class
B
2,330
101
Celsius
Holdings (1)
9,918
566
Coca-Cola
196,266
12,492
Coca-Cola
Consolidated
350
380
Constellation
Brands,
Class
A
9,781
2,516
Keurig
Dr
Pepper
54,996
1,837
Molson
Coors
Beverage,
Class
B
4,202
214
Monster
Beverage (1)
40,300
2,013
PepsiCo
66,598
10,984
31,316
Consumer
Staples
Distribution
&
Retail
1.7%
BJ's
Wholesale
Club
Holdings (1)
7,600
667
Casey's
General
Stores
1,386
529
Chefs'
Warehouse (1)
7,700
301
Costco
Wholesale
21,780
18,513
Dollar
General
14,359
1,899
Dollar
Tree (1)
10,198
1,089
Kroger
21,250
1,061
Performance
Food
Group (1)
8,746
578
Sysco
22,821
1,629
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Target
24,045
3,560
United
Natural
Foods (1)
4,400
58
Walgreens
Boots
Alliance
33,274
402
Walmart
210,689
14,266
44,552
Food
Products
0.7%
Archer-Daniels-Midland
21,372
1,292
Bunge
Global
5,771
616
Campbell
Soup
1,480
67
Conagra
Brands
40,325
1,146
Darling
Ingredients (1)
16,200
595
Flowers
Foods
26,899
597
Fresh
Del
Monte
Produce
9,900
216
General
Mills
15,884
1,005
Hershey
6,097
1,121
Hormel
Foods
23,100
704
Ingredion
1,402
161
J
M
Smucker
3,916
427
John
B.
Sanfilippo
&
Son
3,400
330
Kellanova
8,607
497
Kraft
Heinz
42,959
1,384
Lamb
Weston
Holdings
3,762
316
McCormick
12,656
898
Mondelez
International,
Class
A
68,841
4,505
Post
Holdings (1)
3,120
325
Simply
Good
Foods (1)
7,018
254
Tootsie
Roll
Industries
10,752
329
TreeHouse
Foods (1)
3,428
126
Tyson
Foods,
Class
A
20,376
1,164
18,075
Household
Products
1.1%
Church
&
Dwight
5,955
617
Clorox
5,354
731
Colgate-Palmolive
45,896
4,454
Energizer
Holdings
4,298
127
Kimberly-Clark
20,200
2,791
Procter
&
Gamble
115,842
19,105
Spectrum
Brands
Holdings
900
77
27,902
Personal
Care
Products
0.2%
BellRing
Brands (1)
3,655
209
Edgewell
Personal
Care
4,448
179
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
elf
Beauty (1)
3,874
816
Estee
Lauder,
Class
A
11,092
1,180
Herbalife (1)
20,600
214
Kenvue
107,319
1,951
4,549
Tobacco
0.4%
Altria
Group
66,152
3,013
Philip
Morris
International
80,200
8,127
Vector
Group
10,255
108
11,248
Total
Consumer
Staples
137,642
ENERGY
3.8%
Energy
Equipment
&
Services
0.5%
Atlas
Energy
Solutions
12,334
246
Baker
Hughes
54,307
1,910
Expro
Group
Holdings (1)
36,338
833
Halliburton
53,529
1,808
Helmerich
&
Payne
8,569
310
Noble
8,800
393
NOV
9,253
176
Oceaneering
International (1)
6,153
146
Schlumberger
74,683
3,523
TechnipFMC
49,120
1,284
Tidewater (1)
3,469
330
Weatherford
International (1)
7,749
949
11,908
Oil,
Gas
&
Consumable
Fuels
3.3%
APA
26,307
774
Cheniere
Energy
9,203
1,609
Chesapeake
Energy
12,764
1,049
Chevron
79,702
12,467
Chord
Energy
436
73
Civitas
Resources
5,422
374
CNX
Resources (1)
13,000
316
ConocoPhillips
61,619
7,048
Coterra
Energy
30,408
811
Devon
Energy
29,963
1,420
Diamondback
Energy
10,670
2,136
Dorian
LPG
8,030
337
EOG
Resources
29,481
3,711
EQT
22,214
821
Exxon
Mobil
219,646
25,286
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Hess
10,782
1,591
International
Seaways
1,400
83
Kinder
Morgan
92,377
1,835
Kosmos
Energy (1)
51,000
283
Magnolia
Oil
&
Gas,
Class
A
18,177
461
Marathon
Oil
29,202
837
Marathon
Petroleum
19,191
3,329
Matador
Resources
7,849
468
Murphy
Oil
13,543
558
Occidental
Petroleum
30,866
1,945
ONEOK
21,000
1,713
Ovintiv
3,131
147
Par
Pacific
Holdings (1)
13,687
346
PBF
Energy,
Class
A
4,800
221
Peabody
Energy
4,100
91
Permian
Resources
49,412
798
Phillips
66
17,164
2,423
Range
Resources
19,946
669
SM
Energy
10,852
469
Southwestern
Energy (1)
88,502
596
Targa
Resources
13,405
1,726
Texas
Pacific
Land
465
341
Valero
Energy
17,735
2,780
Williams
59,785
2,541
World
Kinect
14,500
374
84,857
Total
Energy
96,765
FINANCIALS
13.0%
Banks
3.5%
1st
Source
5,268
282
Ameris
Bancorp
5,753
290
Bank
of
America
329,591
13,108
Bank
of
Hawaii (3)
6,200
355
Bank
OZK
6,200
254
BankUnited
13,400
392
Berkshire
Hills
Bancorp
8,800
201
Cadence
Bank
8,900
252
Capitol
Federal
Financial
20,700
114
Central
Pacific
Financial
17,900
379
Citigroup
100,526
6,379
Citizens
Financial
Group
23,200
836
Comerica
9,516
486
Cullen/Frost
Bankers
4,200
427
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Customers
Bancorp (1)
5,400
259
CVB
Financial
15,739
271
East
West
Bancorp
9,692
710
Fifth
Third
Bancorp
48,866
1,783
First
BanCorp
Puerto
Rico
37,662
689
First
Business
Financial
Services
10,000
370
First
Citizens
BancShares,
Class
A
519
874
First
Financial
Bancorp
13,370
297
First
Merchants
8,330
277
Flushing
Financial
15,550
205
Fulton
Financial
19,774
336
Glacier
Bancorp
2,900
108
Hancock
Whitney
4,482
214
Home
BancShares
16,400
393
Huntington
Bancshares
113,909
1,501
JPMorgan
Chase
140,439
28,405
KeyCorp
29,913
425
M&T
Bank
6,135
929
National
Bank
Holdings,
Class
A
10,200
398
NBT
Bancorp
9,400
363
New
York
Community
Bancorp (3)
26,787
86
Northfield
Bancorp
27,300
259
Old
National
Bancorp
19,280
331
Pacific
Premier
Bancorp
15,200
349
Park
National
3,215
458
Peoples
Bancorp
13,197
396
Pinnacle
Financial
Partners
4,100
328
PNC
Financial
Services
Group
15,123
2,351
Popular
11,796
1,043
Prosperity
Bancshares
3,400
208
Regions
Financial
49,756
997
Renasant
5,175
158
S&T
Bancorp
12,700
424
Seacoast
Banking
12,900
305
SouthState
4,788
366
Synovus
Financial
5,828
234
Towne
Bank
14,400
393
Truist
Financial
50,658
1,968
U.S.
Bancorp
72,779
2,889
UMB
Financial
2,896
242
United
Bankshares
7,400
240
WaFd
4,342
124
Webster
Financial
14,495
632
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Wells
Fargo
168,073
9,982
WesBanco
8,200
229
Western
Alliance
Bancorp
13,947
876
WSFS
Financial
4,200
197
Zions
Bancorp
8,501
369
88,996
Capital
Markets
2.9%
Affiliated
Managers
Group
3,000
469
Ameriprise
Financial
3,700
1,581
Ares
Management,
Class
A
10,203
1,360
Artisan
Partners
Asset
Management,
Class
A
6,600
272
Bank
of
New
York
Mellon
47,599
2,851
BGC
Group,
Class
A
81,696
678
BlackRock
6,513
5,128
Blackstone
29,391
3,639
Blue
Owl
Capital
43,317
769
Cboe
Global
Markets
7,536
1,281
Charles
Schwab
78,446
5,781
CME
Group
14,411
2,833
Coinbase
Global,
Class
A (1)
8,600
1,911
Donnelley
Financial
Solutions (1)
7,925
472
FactSet
Research
Systems
1,550
633
Franklin
Resources
8,000
179
Goldman
Sachs
Group
15,345
6,941
Intercontinental
Exchange
29,036
3,975
Invesco
30,900
462
Janus
Henderson
Group
9,941
335
Jefferies
Financial
Group
12,300
612
KKR
29,920
3,149
Lazard
10,067
384
LPL
Financial
Holdings
5,256
1,468
MarketAxess
Holdings
2,500
501
Moody's
6,232
2,623
Morgan
Stanley
63,935
6,214
Morningstar
3,202
947
MSCI
3,817
1,839
Nasdaq
15,000
904
Northern
Trust
12,000
1,008
Open
Lending (1)
20,600
115
Raymond
James
Financial
12,787
1,580
S&P
Global
15,164
6,763
SEI
Investments
4,700
304
State
Street
10,739
795
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
StoneX
Group (1)
3,034
228
Tradeweb
Markets,
Class
A
10,857
1,151
Virtus
Investment
Partners
2,975
672
72,807
Consumer
Finance
0.6%
Ally
Financial
10,650
422
American
Express
29,224
6,767
Bread
Financial
Holdings
4,204
187
Capital
One
Financial
18,555
2,569
Discover
Financial
Services
12,700
1,661
LendingClub (1)
13,800
117
Navient
15,900
232
OneMain
Holdings
17,500
849
SLM
32,600
678
SoFi
Technologies (1)(3)
34,700
229
Synchrony
Financial
27,785
1,311
15,022
Financial
Services
3.8%
Affirm
Holdings (1)
12,500
377
Apollo
Global
Management
24,266
2,865
Berkshire
Hathaway,
Class
B (1)
87,084
35,426
Block (1)
24,994
1,612
Corpay (1)
5,967
1,590
Equitable
Holdings
26,203
1,071
Euronet
Worldwide (1)
2,274
235
Fidelity
National
Information
Services
26,614
2,006
Fiserv (1)
33,454
4,986
Global
Payments
16,409
1,587
Jack
Henry
&
Associates
3,400
564
Mastercard,
Class
A
40,622
17,921
MGIC
Investment
22,400
483
Payoneer
Global (1)
91,850
509
PayPal
Holdings (1)
46,405
2,693
PennyMac
Financial
Services
2,895
274
Radian
Group
11,700
364
Shift4
Payments,
Class
A (1)(3)
4,368
320
Visa,
Class
A
77,657
20,383
Voya
Financial
11,500
818
Western
Union
36,481
446
WEX (1)
1,014
179
96,709
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Insurance
2.1%
Aflac
25,052
2,237
Allstate
14,210
2,269
American
Financial
Group
5,750
707
American
International
Group
31,808
2,361
Aon,
Class
A
9,258
2,718
Arch
Capital
Group (1)
10,535
1,063
Arthur
J
Gallagher
7,666
1,988
Assurant
3,500
582
Axis
Capital
Holdings
9,100
643
Brown
&
Brown
5,928
530
Chubb
22,033
5,620
Cincinnati
Financial
6,869
811
Erie
Indemnity,
Class
A
1,800
652
Everest
Group
2,000
762
Fidelity
National
Financial
16,896
835
First
American
Financial
8,285
447
Genworth
Financial (1)
83,400
504
Globe
Life
3,522
290
Hanover
Insurance
Group
4,700
590
Hartford
Financial
Services
Group
22,148
2,227
Kemper
5,500
326
Loews
2,300
172
Markel
Group (1)
420
662
Marsh
&
McLennan
26,216
5,524
MBIA
15,000
82
MetLife
38,874
2,729
Old
Republic
International
10,987
340
Principal
Financial
Group
11,100
871
Progressive
27,131
5,635
Prudential
Financial
14,700
1,723
Reinsurance
Group
of
America
3,187
654
RenaissanceRe
Holdings
4,217
943
Safety
Insurance
Group
6,600
495
Selective
Insurance
Group
3,487
327
Travelers
12,523
2,546
United
Fire
Group
15,300
329
Unum
Group
7,364
376
W
R
Berkley
3,588
282
Willis
Towers
Watson
5,106
1,339
53,191
Mortgage
Real
Estate
Investment
Trusts
0.1%
AG
Mortgage
Investment
Trust,
REIT
34,500
229
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
AGNC
Investment,
REIT (3)
23,200
221
Annaly
Capital
Management,
REIT
18,175
346
Ares
Commercial
Real
Estate,
REIT (3)
13,200
88
Chimera
Investment,
REIT
15,166
194
Franklin
BSP
Realty
Trust,
REIT
18,840
237
Granite
Point
Mortgage
Trust,
REIT
25,800
77
New
York
Mortgage
Trust,
REIT
23,275
136
Redwood
Trust,
REIT
25,700
167
Starwood
Property
Trust,
REIT
23,400
443
TPG
RE
Finance
Trust,
REIT
28,900
250
Two
Harbors
Investment,
REIT
16,575
219
2,607
Total
Financials
329,332
HEALTH
CARE
11.8%
Biotechnology
2.3%
AbbVie
86,827
14,893
ACADIA
Pharmaceuticals (1)
26,956
438
Akero
Therapeutics (1)
14,899
350
Alkermes (1)
16,100
388
Alnylam
Pharmaceuticals (1)
6,950
1,689
Amgen
25,881
8,087
Apellis
Pharmaceuticals (1)
5,800
222
Arcturus
Therapeutics
Holdings (1)
5,522
134
Avidity
Biosciences (1)
23,377
955
Biogen (1)
7,007
1,624
Biohaven (1)
8,180
284
BioMarin
Pharmaceutical (1)
8,800
724
Blueprint
Medicines (1)
6,640
716
Celldex
Therapeutics (1)
8,000
296
Cerevel
Therapeutics
Holdings (1)
4,270
175
Crinetics
Pharmaceuticals (1)
4,972
223
Dynavax
Technologies (1)
11,700
131
Exact
Sciences (1)
10,700
452
Gilead
Sciences
58,420
4,008
GRAIL (1)
739
11
IGM
Biosciences (1)(3)
22,900
157
Immunovant (1)(3)
2,678
71
Incyte (1)
8,900
539
Insmed (1)
15,750
1,055
Intellia
Therapeutics (1)
11,700
262
Ionis
Pharmaceuticals (1)
18,694
891
Madrigal
Pharmaceuticals (1)
1,500
420
Moderna (1)
12,336
1,465
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Mural
Oncology (1)
17,210
54
Natera (1)
7,200
780
Neurocrine
Biosciences (1)
8,600
1,184
Nurix
Therapeutics (1)
22,500
470
Olema
Pharmaceuticals (1)
9,100
98
Prothena (1)
5,946
123
Regeneron
Pharmaceuticals (1)
5,506
5,787
Replimune
Group (1)
23,000
207
REVOL
UTION
Medicines (1)
10,248
398
Roivant
Sciences (1)
27,495
291
Sarepta
Therapeutics (1)
5,432
858
Scholar
Rock
Holding (1)(3)
10,000
83
SpringWorks
Therapeutics (1)
8,202
309
Stoke
Therapeutics (1)
14,400
195
Tenaya
Therapeutics (1)
31,015
96
Ultragenyx
Pharmaceutical (1)
9,700
399
United
Therapeutics (1)
2,600
828
Vaxcyte (1)
5,116
386
Vera
Therapeutics (1)
6,225
225
Vertex
Pharmaceuticals (1)
11,538
5,408
Vir
Biotechnology (1)
13,936
124
Xencor (1)
23,700
449
59,412
Health
Care
Equipment
&
Supplies
2.3%
Abbott
Laboratories
78,161
8,122
Align
Technology (1)
2,853
689
Baxter
International
34,244
1,145
Becton
Dickinson
&
Company
15,502
3,623
Boston
Scientific (1)
64,573
4,973
Cooper
8,800
768
DENTSPLY
SIRONA
13,533
337
Dexcom (1)
19,681
2,231
Edwards
Lifesciences (1)
29,414
2,717
Embecta
8,400
105
Envista
Holdings (1)
12,700
211
GE
HealthCare
Technologies
19,830
1,545
Globus
Medical,
Class
A (1)
7,291
499
Haemonetics (1)
4,888
404
Hologic (1)
14,544
1,080
ICU
Medical (1)
2,000
238
IDEXX
Laboratories (1)
3,400
1,657
Inspire
Medical
Systems (1)
2,235
299
Insulet (1)
4,100
827
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Intuitive
Surgical (1)
18,375
8,174
iRhythm
Technologies (1)
3,066
330
Lantheus
Holdings (1)
5,170
415
Medtronic
66,651
5,246
Merit
Medical
Systems (1)
5,443
468
Nevro (1)
11,300
95
Novocure (1)
14,200
243
Omnicell (1)
8,500
230
Penumbra (1)
3,700
666
QuidelOrtho (1)
3,437
114
ResMed
8,200
1,570
Solventum (1)
7,238
383
STERIS
5,295
1,163
Stryker
17,954
6,109
Teleflex
4,000
841
Zimmer
Biomet
Holdings
11,920
1,294
58,811
Health
Care
Providers
&
Services
2.4%
Acadia
Healthcare (1)
6,290
425
agilon
health (1)(3)
23,423
153
AMN
Healthcare
Services (1)
4,652
238
Cardinal
Health
10,306
1,013
Cencora
9,074
2,044
Centene (1)
19,820
1,314
Cigna
Group
15,338
5,070
CorVel (1)
1,750
445
CVS
Health
56,883
3,360
DaVita (1)
3,598
499
Elevance
Health
12,661
6,861
Encompass
Health
3,592
308
Ensign
Group
6,917
856
Guardant
Health (1)
7,800
225
HCA
Healthcare
10,049
3,229
Henry
Schein (1)
7,100
455
Humana
5,269
1,969
Labcorp
Holdings
2,195
447
McKesson
7,373
4,306
ModivCare (1)
8,000
210
Molina
Healthcare (1)
3,694
1,098
OPKO
Health (1)(3)
124,700
156
Option
Care
Health (1)
16,466
456
Psychemedics
2,375
6
Quest
Diagnostics
4,500
616
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Select
Medical
Holdings
27,753
973
Surgery
Partners (1)
12,333
293
Tenet
Healthcare (1)
6,776
901
UnitedHealth
Group
45,110
22,973
Universal
Health
Services,
Class
B
1,300
240
61,139
Health
Care
Technology
0.1%
Multiplan (1)
114,100
44
Phreesia (1)
9,200
195
Teladoc
Health (1)
5,848
57
Veeva
Systems,
Class
A (1)
7,676
1,405
1,701
Life
Sciences
Tools
&
Services
1.2%
10X
Genomics,
Class
A (1)
7,628
148
Adaptive
Biotechnologies (1)
73,680
267
Agilent
Technologies
17,387
2,254
Avantor (1)
51,439
1,091
Bio-Rad
Laboratories,
Class
A (1)
1,100
300
Bio-Techne
7,600
545
Bruker
2,778
177
Charles
River
Laboratories
International (1)
3,502
723
CryoPort (1)
13,700
95
Danaher
32,789
8,192
Fortrea
Holdings (1)
5,395
126
Illumina (1)
4,431
463
IQVIA
Holdings (1)
7,225
1,528
Mettler-Toledo
International (1)
1,244
1,739
Omniab,
Earn
Out
Shares
$12.50 (1)
722
—
Omniab,
Earn
Out
Shares
$15.00 (1)
722
—
Repligen (1)
5,389
679
Revvity
4,935
517
Thermo
Fisher
Scientific
19,179
10,606
Waters (1)
1,284
373
West
Pharmaceutical
Services
4,100
1,350
31,173
Pharmaceuticals
3.5%
Amneal
Pharmaceuticals (1)
35,400
225
Arvinas (1)
10,400
277
Axsome
Therapeutics (1)
3,700
298
Bristol-Myers
Squibb
95,632
3,972
Cassava
Sciences (1)(3)
5,900
73
Catalent (1)
9,444
531
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Elanco
Animal
Health (1)
54,449
786
Eli
Lilly
38,960
35,274
Intra-Cellular
Therapies (1)
3,600
246
Jazz
Pharmaceuticals (1)
2,804
299
Johnson
&
Johnson
114,867
16,789
Ligand
Pharmaceuticals (1)
1,904
160
Merck
124,681
15,435
Organon
19,423
402
Perrigo
7,998
205
Pfizer
255,417
7,146
Prestige
Consumer
Healthcare (1)
4,483
309
Royalty
Pharma,
Class
A
10,819
285
Theravance
Biopharma (1)
16,371
139
Viatris
95,187
1,012
Zoetis
24,704
4,283
88,146
Total
Health
Care
300,382
INDUSTRIALS
&
BUSINESS
SERVICES
9.4%
Aerospace
&
Defense
1.8%
Axon
Enterprise (1)
3,600
1,059
Boeing (1)
28,373
5,164
BWX
Technologies
5,038
479
General
Dynamics
11,610
3,369
General
Electric
55,493
8,822
HEICO,
Class
A
2,928
520
Hexcel
7,400
462
Howmet
Aerospace
24,600
1,910
Huntington
Ingalls
Industries
2,791
687
Kratos
Defense
&
Security
Solutions (1)
18,817
377
L3Harris
Technologies
11,601
2,605
Lockheed
Martin
8,963
4,187
Northrop
Grumman
6,395
2,788
RTX
57,115
5,734
Spirit
AeroSystems
Holdings,
Class
A (1)
13,852
455
Textron
17,990
1,545
TransDigm
Group
2,890
3,692
Triumph
Group (1)
27,400
422
Virgin
Galactic
Holdings (1)(3)
5,725
48
Woodward
2,800
488
44,813
Air
Freight
&
Logistics
0.4%
CH
Robinson
Worldwide
7,047
621
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Expeditors
International
of
Washington
2,636
329
FedEx
12,475
3,741
GXO
Logistics (1)
6,500
328
United
Parcel
Service,
Class
B
35,222
4,820
9,839
Building
Products
0.7%
A.O.
Smith
9,300
761
AAON
8,404
733
Allegion
4,236
500
Armstrong
World
Industries
7,266
823
AZEK (1)
10,011
422
AZZ
5,464
422
Builders
FirstSource (1)
4,118
570
Carlisle
2,600
1,054
Carrier
Global
43,239
2,727
Fortune
Brands
Innovations
7,600
494
Gibraltar
Industries (1)
5,500
377
Johnson
Controls
International
31,679
2,106
Lennox
International
523
280
Masco
12,917
861
Owens
Corning
7,565
1,314
Trane
Technologies
11,763
3,869
Trex (1)
9,100
674
17,987
Commercial
Services
&
Supplies
0.7%
ACCO
Brands
61,567
289
Aris
Water
Solutions,
Class
A
13,200
207
Brady,
Class
A
6,500
429
BrightView
Holdings (1)
15,000
200
Cintas
3,460
2,423
Clean
Harbors (1)
3,706
838
Copart (1)
49,608
2,687
CoreCivic (1)
28,898
375
Ennis
15,600
341
Enviri (1)
47,600
411
MillerKnoll
16,400
434
MSA
Safety
1,400
263
Pitney
Bowes
59,800
304
RB
Global
2,600
199
Republic
Services
11,263
2,189
Rollins
11,625
567
Steelcase,
Class
A
30,300
393
Stericycle (1)
9,411
547
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Tetra
Tech
1,225
250
UniFirst
1,400
240
Veralto
10,929
1,043
Vestis
4,500
55
VSE
2,500
221
Waste
Management
14,597
3,114
18,019
Construction
&
Engineering
0.3%
API
Group (1)
17,209
648
Arcosa
5,500
459
Bowman
Consulting
Group (1)
5,200
165
Comfort
Systems
USA
1,757
534
Dycom
Industries (1)
3,800
641
EMCOR
Group
2,949
1,077
Fluor (1)
15,158
660
Granite
Construction
8,167
506
MasTec (1)
7,350
786
Quanta
Services
8,064
2,049
WillScot
Mobile
Mini
Holdings (1)
22,924
863
8,388
Electrical
Equipment
0.8%
AMETEK
14,037
2,340
Atkore
3,329
449
Beam
Global (1)(3)
19,600
90
Eaton
18,176
5,699
Emerson
Electric
21,936
2,417
GE
Vernova (1)
14,018
2,404
GrafTech
International
76,200
74
Hubbell
3,298
1,205
nVent
Electric
11,046
846
Plug
Power (1)(3)
51,000
119
Regal
Rexnord
4,755
643
Rockwell
Automation
6,893
1,898
Sensata
Technologies
Holding
2,800
105
Sunrun (1)(3)
17,966
213
Thermon
Group
Holdings (1)
10,400
320
Vertiv
Holdings,
Class
A
16,656
1,442
Vicor (1)
4,500
149
20,413
Ground
Transportation
1.0%
Avis
Budget
Group
979
102
CSX
116,024
3,881
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
JB
Hunt
Transport
Services
6,186
990
Landstar
System
1,977
365
Lyft,
Class
A (1)
20,642
291
Norfolk
Southern
12,570
2,699
Old
Dominion
Freight
Line
10,628
1,877
Saia (1)
2,551
1,210
Uber
Technologies (1)
103,780
7,543
Union
Pacific
27,997
6,334
Werner
Enterprises (3)
4,275
153
25,445
Industrial
Conglomerates
0.5%
3M
28,955
2,959
Honeywell
International
34,576
7,384
Roper
Technologies
5,800
3,269
13,612
Machinery
1.8%
AGCO
5,100
499
Alamo
Group
2,700
467
Caterpillar
22,531
7,505
Chart
Industries (1)(3)
2,400
346
Cummins
8,500
2,354
Deere
11,947
4,464
Dover
7,585
1,369
Enpro
2,768
403
Esab
8,114
766
ESCO
Technologies
3,357
353
Flowserve
9,400
452
Fortive
20,450
1,515
Graco
6,061
481
Helios
Technologies
3,200
153
IDEX
5,627
1,132
Illinois
Tool
Works
11,569
2,741
Ingersoll
Rand
23,959
2,176
ITT
5,400
698
John
Bean
Technologies
5,509
523
Lincoln
Electric
Holdings
3,300
622
Middleby (1)
5,083
623
Mueller
Water
Products,
Class
A
27,004
484
Nordson
2,800
649
Otis
Worldwide
22,411
2,157
PACCAR
25,210
2,595
Parker-Hannifin
6,719
3,399
RBC
Bearings (1)
3,587
968
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Snap-on
2,600
680
Stanley
Black
&
Decker
13,009
1,039
Terex
6,100
335
Timken
5,100
409
Toro
8,876
830
Watts
Water
Technologies,
Class
A
3,200
587
Westinghouse
Air
Brake
Technologies
8,088
1,278
Xylem
7,400
1,004
46,056
Marine
Transportation
0.0%
Matson
4,400
576
Pangaea
Logistics
Solutions
17,500
137
713
Passenger
Airlines
0.1%
Alaska
Air
Group (1)
7,700
311
Allegiant
Travel
4,700
236
American
Airlines
Group (1)(3)
17,046
193
Delta
Air
Lines
21,500
1,020
JetBlue
Airways (1)
42,800
261
Southwest
Airlines
41,846
1,197
United
Airlines
Holdings (1)
9,315
453
3,671
Professional
Services
0.9%
Automatic
Data
Processing
16,701
3,986
Barrett
Business
Services
10,400
341
Booz
Allen
Hamilton
Holding
8,066
1,241
Broadridge
Financial
Solutions
8,525
1,679
CACI
International,
Class
A (1)
1,300
559
Clarivate (1)
19,900
113
Dayforce (1)
12,591
625
Equifax
7,063
1,713
Forrester
Research (1)
16,481
282
Franklin
Covey (1)
7,200
274
FTI
Consulting (1)
2,523
544
Genpact
7,500
241
Huron
Consulting
Group (1)
5,072
500
Insperity
4,400
401
Jacobs
Solutions
3,700
517
Korn
Ferry
7,000
470
Leidos
Holdings
8,599
1,254
ManpowerGroup
2,900
202
Mastech
Digital (1)
18,002
135
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Maximus
3,800
326
Parsons (1)
2,600
213
Paychex
12,423
1,473
Paycom
Software
22
3
Paylocity
Holding (1)
3,500
462
Science
Applications
International
2,300
270
SS&C
Technologies
Holdings
14,274
895
TransUnion
14,500
1,075
TrueBlue (1)
17,600
181
Upwork (1)
18,800
202
Verisk
Analytics
7,027
1,894
Verra
Mobility (1)
18,222
496
22,567
Trading
Companies
&
Distributors
0.4%
Air
Lease
10,687
508
Beacon
Roofing
Supply (1)
6,100
552
Core
&
Main,
Class
A (1)
11,191
548
DNOW (1)
22,030
302
Fastenal
17,900
1,125
Ferguson
8,732
1,691
GATX
2,700
357
GMS (1)
7,143
576
McGrath
RentCorp
3,600
384
MSC
Industrial
Direct,
Class
A
5,100
405
SiteOne
Landscape
Supply (1)
3,300
401
United
Rentals
2,609
1,687
Watsco
2,000
926
WW
Grainger
1,606
1,449
Xometry,
Class
A (1)(3)
9,000
104
11,015
Total
Industrials
&
Business
Services
242,538
INFORMATION
TECHNOLOGY
30.3%
Communications
Equipment
0.7%
ADTRAN
Holdings
38,700
204
Arista
Networks (1)
12,600
4,416
Ciena (1)
9,699
467
Cisco
Systems
182,090
8,651
Extreme
Networks (1)
15,033
202
F5 (1)
900
155
Juniper
Networks
19,080
696
Lumentum
Holdings (1)
5,248
267
Motorola
Solutions
6,728
2,597
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Ubiquiti
2,900
423
Viasat (1)
8,500
108
18,186
Electronic
Equipment,
Instruments
&
Components
0.8%
Amphenol,
Class
A
63,200
4,258
Arrow
Electronics (1)
2,700
326
Belden
4,100
385
CDW
5,100
1,142
Cognex
10,700
500
Coherent (1)
8,004
580
Corning
49,943
1,940
FARO
Technologies (1)
9,800
157
Insight
Enterprises (1)
2,150
426
IPG
Photonics (1)
2,600
219
Jabil
1,422
155
Keysight
Technologies (1)
11,033
1,509
Knowles (1)
19,600
338
Littelfuse
1,900
486
MicroVision (1)(3)
84,500
90
Napco
Security
Technologies
5,414
281
Novanta (1)
2,964
483
Sanmina (1)
3,602
239
TE
Connectivity
18,518
2,786
Teledyne
Technologies (1)
3,679
1,427
Trimble (1)
12,900
721
TTM
Technologies (1)
9,200
179
Vishay
Intertechnology
13,620
304
Vontier
8,300
317
Zebra
Technologies,
Class
A (1)
3,695
1,141
20,389
IT
Services
1.1%
Accenture,
Class
A
32,061
9,728
Akamai
Technologies (1)
3,800
342
Cloudflare,
Class
A (1)
15,100
1,251
Cognizant
Technology
Solutions,
Class
A
25,300
1,720
DXC
Technology (1)
13,700
261
EPAM
Systems (1)
3,300
621
Fastly,
Class
A (1)(3)
12,076
89
Gartner (1)
2,596
1,166
GoDaddy,
Class
A (1)
12,359
1,727
International
Business
Machines
40,954
7,083
Kyndryl
Holdings (1)
10,005
263
MongoDB (1)
3,793
948
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Okta (1)
7,552
707
Perficient (1)
4,460
334
Snowflake,
Class
A (1)
14,888
2,011
Twilio,
Class
A (1)
8,386
476
VeriSign (1)
1,979
352
29,079
Semiconductors
&
Semiconductor
Equipment
10.9%
Advanced
Micro
Devices (1)
79,942
12,967
Analog
Devices
26,534
6,057
Applied
Materials
41,264
9,738
Broadcom
21,283
34,170
Cirrus
Logic (1)
4,187
535
Diodes (1)
4,440
319
Enphase
Energy (1)
5,420
540
Entegris
11,554
1,564
First
Solar (1)
4,900
1,105
Intel
198,326
6,142
KLA
7,340
6,052
Kulicke
&
Soffa
Industries
5,197
256
Lam
Research
6,690
7,124
Lattice
Semiconductor (1)
10,059
583
Marvell
Technology
36,783
2,571
Microchip
Technology
27,819
2,545
Micron
Technology
55,307
7,275
MKS
Instruments
8,552
1,117
Monolithic
Power
Systems
2,686
2,207
NVIDIA
1,194,435
147,560
NXP
Semiconductors
10,123
2,724
ON
Semiconductor (1)
20,349
1,395
Onto
Innovation (1)
1,917
421
Power
Integrations
3,800
267
Qorvo (1)
1,652
192
QUALCOMM
55,900
11,134
Skyworks
Solutions
9,188
979
SolarEdge
Technologies (1)
2,600
66
Teradyne
8,508
1,262
Texas
Instruments
44,112
8,581
277,448
Software
10.6%
Adobe (1)
22,430
12,461
ANSYS (1)
3,341
1,074
Appfolio,
Class
A (1)
1,867
457
Appian,
Class
A (1)(3)
3,772
116
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
AppLovin,
Class
A (1)
11,974
997
Asana,
Class
A (1)(3)
7,900
111
Aspen
Technology (1)
2,296
456
Atlassian,
Class
A (1)
9,824
1,738
Autodesk (1)
11,336
2,805
BILL
Holdings (1)
5,700
300
Braze,
Class
A (1)
6,471
251
Cadence
Design
Systems (1)
14,786
4,550
Cerence (1)
6,437
18
CommVault
Systems (1)
1,800
219
Confluent,
Class
A (1)
25,562
755
Consensus
Cloud
Solutions (1)
12,000
206
Crowdstrike
Holdings,
Class
A (1)
10,204
3,910
Datadog,
Class
A (1)
15,462
2,005
Digital
Turbine (1)(3)
59,000
98
DocuSign (1)
9,399
503
Dolby
Laboratories,
Class
A
5,000
396
Dynatrace (1)
16,388
733
Fair
Isaac (1)
1,462
2,176
Five9 (1)
4,800
212
Fortinet (1)
34,475
2,078
Gen
Digital
35,434
885
Guidewire
Software (1)
3,100
427
HashiCorp,
Class
A (1)
10,132
341
HubSpot (1)
3,660
2,159
Informatica,
Class
A (1)
5,697
176
InterDigital (3)
2,700
315
Intuit
13,990
9,194
Manhattan
Associates (1)
3,293
812
Microsoft
360,895
161,302
MicroStrategy,
Class
A (1)
800
1,102
Nutanix,
Class
A (1)
19,747
1,123
Oracle
72,683
10,263
PagerDuty (1)
10,400
238
Palantir
Technologies,
Class
A (1)
87,578
2,218
Palo
Alto
Networks (1)
14,500
4,916
Procore
Technologies (1)
7,010
465
PTC (1)
8,782
1,595
RingCentral,
Class
A (1)
5,108
144
Salesforce
48,157
12,381
Samsara,
Class
A (1)
24,000
809
ServiceNow (1)
10,086
7,934
Smartsheet,
Class
A (1)
10,800
476
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Sprout
Social,
Class
A (1)
4,100
146
Synopsys (1)
8,618
5,128
Tyler
Technologies (1)
1,678
844
UiPath,
Class
A (1)
23,075
293
Unity
Software (1)
10,556
172
Upland
Software (1)
23,900
60
Workday,
Class
A (1)
11,400
2,549
Workiva (1)
4,500
328
Zoom
Video
Communications,
Class
A (1)
8,244
488
Zscaler (1)
7,079
1,361
269,269
Technology
Hardware,
Storage
&
Peripherals
6.2%
Apple
699,445
147,317
Dell
Technologies,
Class
C
14,619
2,016
Hewlett
Packard
Enterprise
51,281
1,086
HP
36,318
1,272
NetApp
6,942
894
Pure
Storage,
Class
A (1)
17,200
1,104
Seagate
Technology
Holdings
4,701
486
Super
Micro
Computer (1)
2,500
2,048
Turtle
Beach (1)
14,800
212
Western
Digital (1)
23,749
1,800
158,235
Total
Information
Technology
772,606
MATERIALS
2.5%
Chemicals
1.4%
Air
Products
&
Chemicals
11,643
3,004
Albemarle
6,800
650
Axalta
Coating
Systems (1)
11,200
383
Cabot
5,120
470
Celanese
1,141
154
CF
Industries
Holdings
13,240
981
Chemours
11,980
270
Corteva
34,645
1,869
Dow
29,867
1,584
DuPont
de
Nemours
16,861
1,357
Eastman
Chemical
3,840
376
Ecolab
9,511
2,264
FMC
12,415
714
HB
Fuller
4,200
323
Huntsman
20,279
462
Ingevity (1)
5,412
237
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
International
Flavors
&
Fragrances
11,175
1,064
Kronos
Worldwide
12,600
158
Linde
24,559
10,777
LyondellBasell
Industries,
Class
A
8,582
821
Minerals
Technologies
7,500
624
Mosaic
16,582
479
PPG
Industries
8,445
1,063
Quaker
Chemical
1,100
187
RPM
International
10,900
1,174
Scotts
Miracle-Gro
8,777
571
Sherwin-Williams
11,757
3,509
Westlake
1,701
246
35,771
Construction
Materials
0.3%
CRH
39,899
2,992
Eagle
Materials
1,240
270
Martin
Marietta
Materials
2,500
1,354
Summit
Materials,
Class
A (1)
21,115
773
Vulcan
Materials
5,166
1,285
6,674
Containers
&
Packaging
0.3%
Amcor
95,718
936
Avery
Dennison
2,900
634
Ball
18,000
1,081
Berry
Global
Group
6,200
365
Crown
Holdings
2,596
193
International
Paper
21,444
925
Myers
Industries
17,660
236
O-I
Glass (1)
5,487
61
Packaging
Corp.
of
America
5,500
1,004
Sealed
Air
10,577
368
Westrock
19,412
976
6,779
Metals
&
Mining
0.5%
Carpenter
Technology
3,459
379
Cleveland-Cliffs (1)
34,600
532
Coeur
Mining (1)
80,190
451
Commercial
Metals
10,600
583
Compass
Minerals
International (3)
7,000
72
Freeport-McMoRan
66,705
3,242
Hecla
Mining
87,800
426
McEwen
Mining (1)
17,900
164
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Metallus (1)
18,100
367
Newmont
40,499
1,696
Nucor
11,822
1,869
Reliance
4,331
1,237
Royal
Gold
3,300
413
Steel
Dynamics
10,600
1,373
12,804
Paper
&
Forest
Products
0.0%
Clearwater
Paper (1)
3,264
158
Louisiana-Pacific
10,400
856
1,014
Total
Materials
63,042
REAL
ESTATE
2.5%
Diversified
Real
Estate
Investment
Trusts
0.0%
One
Liberty
Properties,
REIT
6,399
150
WP
Carey,
REIT
4,802
265
415
Health
Care
Real
Estate
Investment
Trusts
0.2%
Alexandria
Real
Estate
Equities,
REIT
7,800
912
Healthpeak
Properties,
REIT
18,100
355
Universal
Health
Realty
Income
Trust,
REIT
9,200
360
Ventas,
REIT
26,421
1,354
Welltower,
REIT
25,523
2,661
5,642
Hotel
&
Resort
Real
Estate
Investment
Trusts
0.1%
Apple
Hospitality
REIT,
REIT
14,800
215
Chatham
Lodging
Trust,
REIT
24,900
212
Host
Hotels
&
Resorts,
REIT
40,419
727
Ryman
Hospitality
Properties,
REIT
4,368
436
1,590
Industrial
Real
Estate
Investment
Trusts
0.3%
EastGroup
Properties,
REIT
2,600
442
First
Industrial
Realty
Trust,
REIT
11,000
523
Innovative
Industrial
Properties,
REIT
2,700
295
Prologis,
REIT
47,486
5,333
Rexford
Industrial
Realty,
REIT
18,984
847
Terreno
Realty,
REIT
9,500
562
8,002
Office
Real
Estate
Investment
Trusts
0.1%
Boston
Properties,
REIT
4,900
302
City
Office
REIT,
REIT
53,700
267
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Cousins
Properties,
REIT
5,931
137
Douglas
Emmett,
REIT
12,900
172
Highwoods
Properties,
REIT
8,900
234
JBG
SMITH
Properties,
REIT
13,782
210
Kilroy
Realty,
REIT
11,938
372
NET
Lease
Office
Properties,
REIT
5,980
147
SL
Green
Realty,
REIT
8,644
490
Vornado
Realty
Trust,
REIT
21,456
564
2,895
Real
Estate
Management
&
Development
0.2%
CBRE
Group,
Class
A (1)
14,872
1,325
CoStar
Group (1)
17,894
1,327
Douglas
Elliman (1)
43,708
51
eXp
World
Holdings (3)
13,900
157
Jones
Lang
LaSalle (1)
1,300
267
Newmark
Group,
Class
A
19,318
198
Opendoor
Technologies (1)
86,500
159
Redfin (1)
21,700
130
RMR
Group,
Class
A
6,831
154
Seritage
Growth
Properties,
Class
A,
REIT (1)
15,650
73
St.
Joe
8,500
465
Zillow
Group,
Class
A (1)
6,600
297
Zillow
Group,
Class
C (1)
7,500
348
4,951
Residential
Real
Estate
Investment
Trusts
0.3%
American
Homes
4
Rent,
Class
A,
REIT
16,408
610
AvalonBay
Communities,
REIT
9,362
1,937
Camden
Property
Trust,
REIT
2,738
299
Elme
Communities,
REIT
9,602
153
Equity
LifeStyle
Properties,
REIT
13,200
860
Equity
Residential,
REIT
24,294
1,684
Essex
Property
Trust,
REIT
5,106
1,390
Invitation
Homes,
REIT
15,122
543
Mid-America
Apartment
Communities,
REIT
1,791
255
Sun
Communities,
REIT
7,586
913
UDR,
REIT
5,979
246
8,890
Retail
Real
Estate
Investment
Trusts
0.4%
Acadia
Realty
Trust,
REIT
27,391
491
Agree
Realty,
REIT
6,060
375
Federal
Realty
Investment
Trust,
REIT
2,900
293
Getty
Realty,
REIT
7,958
212
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Kimco
Realty,
REIT
39,909
777
Kite
Realty
Group
Trust,
REIT
15,600
349
Macerich,
REIT
23,200
358
NNN
REIT,
REIT
5,100
217
Realty
Income,
REIT
30,299
1,600
Regency
Centers,
REIT
13,612
847
Retail
Opportunity
Investments,
REIT
26,500
329
Simon
Property
Group,
REIT
14,838
2,253
SITE
Centers,
REIT
13,809
200
Urban
Edge
Properties,
REIT
17,417
322
Whitestone
REIT,
REIT
28,900
385
9,008
Specialized
Real
Estate
Investment
Trusts
0.9%
American
Tower,
REIT
21,045
4,091
Crown
Castle,
REIT
19,237
1,879
CubeSmart,
REIT
21,218
958
Digital
Realty
Trust,
REIT
11,489
1,747
EPR
Properties,
REIT
7,971
335
Equinix,
REIT
4,256
3,220
Extra
Space
Storage,
REIT
7,066
1,098
Four
Corners
Property
Trust,
REIT
11,452
282
Gaming
&
Leisure
Properties,
REIT
8,060
364
Iron
Mountain,
REIT
11,336
1,016
Lamar
Advertising,
Class
A,
REIT
6,344
758
National
Storage
Affiliates
Trust,
REIT
9,800
404
PotlatchDeltic,
REIT
4,000
158
Public
Storage,
REIT
9,292
2,673
Rayonier,
REIT
9,440
275
Safehold,
REIT
10,000
193
SBA
Communications,
REIT
7,000
1,374
VICI
Properties,
REIT
29,915
857
Weyerhaeuser,
REIT
38,825
1,102
22,784
Total
Real
Estate
64,177
UTILITIES
2.2%
Electric
Utilities
1.3%
Alliant
Energy
1,234
63
American
Electric
Power
18,298
1,605
Constellation
Energy
17,675
3,540
Duke
Energy
29,748
2,982
Edison
International
19,000
1,364
Entergy
8,500
909
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Evergy
17,402
922
Eversource
Energy
6,314
358
Exelon
43,393
1,502
FirstEnergy
37,941
1,452
Hawaiian
Electric
Industries (3)
17,758
160
IDACORP
6,485
604
MGE
Energy
4,839
362
NextEra
Energy
100,308
7,103
NRG
Energy
12,071
940
OGE
Energy
13,600
485
Otter
Tail
3,399
298
PG&E
132,200
2,308
PPL
43,820
1,212
Southern
43,166
3,348
Xcel
Energy
25,730
1,374
32,891
Gas
Utilities
0.1%
Atmos
Energy
6,565
766
National
Fuel
Gas
10,300
558
ONE
Gas
6,700
428
Spire
4,113
249
UGI
5,100
117
2,118
Independent
Power
&
Renewable
Electricity
Producers
0.1%
AES
31,155
547
Vistra
13,184
1,134
1,681
Multi-Utilities
0.6%
Ameren
17,883
1,272
Avista
9,210
319
Black
Hills
4,460
243
CenterPoint
Energy
35,086
1,087
CMS
Energy
22,600
1,345
Consolidated
Edison
11,576
1,035
Dominion
Energy
48,827
2,392
DTE
Energy
10,352
1,149
NiSource
25,408
732
Public
Service
Enterprise
Group
22,200
1,636
Sempra
32,024
2,436
WEC
Energy
Group
16,585
1,301
14,947
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Shares/Par
$
Value
(Cost
and
value
in
$000s)
‡
Water
Utilities
0.1%
American
States
Water
8,300
602
American
Water
Works
8,000
1,033
Cadiz (1)(3)
42,400
131
California
Water
Service
Group
9,825
477
Essential
Utilities
12,846
480
2,723
Total
Utilities
54,360
Total
Common
Stocks
(Cost
$877,199)
2,539,499
SHORT-TERM
INVESTMENTS
0.4%
Money
Market
Funds
0.3%
T.
Rowe
Price
Government
Reserve
Fund,
5.38% (4)(5)
8,473,335
8,473
8,473
U.S.
Treasury
Obligations
0.1%
U.S.
Treasury
Bills,
5.291%,
9/19/24 (6)
693,000
685
685
Total
Short-Term
Investments
(Cost
$9,158)
9,158
SECURITIES
LENDING
COLLATERAL
0.2%
INVESTMENTS
IN
A
POOLED
ACCOUNT
THROUGH
SECURITIES
LENDING
PROGRAM
WITH
STATE
STREET
BANK
AND
TRUST
COMPANY 0.2%
Money
Market
Funds 0.2%
T.
Rowe
Price
Government
Reserve
Fund,
5.38% (4)(5)
5,294,349
5,294
Total
Investments
in
a
Pooled
Account
through
Securities
Lending
Program
with
State
Street
Bank
and
Trust
Company
5,294
Total
Securities
Lending
Collateral
(Cost
$5,294)
5,294
Total
Investments
in
Securities
100.2%
of
Net
Assets
(Cost
$891,651)
$
2,553,951
‡
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,
2024.
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
.
.
.
.
.
.
.
.
.
.
(4)
Seven-day
yield
(5)
Affiliated
Companies
(6)
At
June
30,
2024,
all
or
a
portion
of
this
security
is
pledged
as
collateral
and/
or
margin
deposit
to
cover
future
funding
obligations.
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
Total
Equity
Market
Index
Fund
FUTURES
CONTRACTS
($000s)
Expiration
Date
Notional
Amount
Value
and
Unrealized
Gain
(Loss)
Long,
11
Russell
2000
E-Mini
Index
contracts
9/24
1,136
$
10
Long,
33
S&P
500
E-Mini
Index
contracts
9/24
9,110
12
Net
payments
(receipts)
of
variation
margin
to
date
(60)
Variation
margin
receivable
(payable)
on
open
futures
contracts
$
(38)
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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,
2024.
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,
5.38%
$
—
$
—
$
268++
Totals
$
—#
$
—
$
268+
Supplementary
Investment
Schedule
Affiliate
Value
12/31/23
Purchase
Cost
Sales
Cost
Value
06/30/24
T.
Rowe
Price
Government
Reserve
Fund,
5.38%
$
26,893
¤
¤
$
13,767
Total
$
13,767^
#
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
$268
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
$13,767.
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
June
30,
2024
(Unaudited)
Statement
of
Assets
and
Liabilities
($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
$891,651)
$
2,553,951
Dividends
receivable
1,418
Receivable
for
shares
sold
602
Receivable
for
investment
securities
sold
527
Cash
4
Other
assets
47
Total
assets
2,556,549
Liabilities
Obligation
to
return
securities
lending
collateral
5,294
Payable
for
shares
redeemed
1,761
Investment
management
fees
payable
186
Due
to
affiliates
77
Variation
margin
payable
on
futures
contracts
38
Payable
to
directors
2
Other
liabilities
120
Total
liabilities
7,478
NET
ASSETS
$
2,549,071
Net
Assets
Consist
of:
Total
distributable
earnings
(loss)
$
1,707,367
Paid-in
capital
applicable
to
43,897,194
shares
of
$0.0001
par
value
capital
stock
outstanding;
2,000,000,000
shares
of
the
Corporation
authorized
841,704
NET
ASSETS
$
2,549,071
NET
ASSET
VALUE
PER
SHARE
$
58.07
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
(Unaudited)
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
Ended
6/30/24
Investment
Income
(Loss)
Income
Dividend
(net
of
foreign
taxes
of
$6)
$
16,219
Securities
lending
58
Interest
19
Total
income
16,296
Expenses
Investment
management
1,090
Shareholder
servicing
959
Prospectus
and
shareholder
reports
13
Custody
and
accounting
121
Registration
21
Legal
and
audit
15
Directors
4
Miscellaneous
5
Total
expenses
2,228
Net
investment
income
14,068
Realized
and
Unrealized
Gain
/
Loss
–
Net
realized
gain
(loss)
Securities
24,479
Futures
1,669
Net
realized
gain
26,148
Change
in
net
unrealized
gain
/
loss
Securities
269,929
Futures
(495)
Change
in
net
unrealized
gain
/
loss
269,434
Net
realized
and
unrealized
gain
/
loss
295,582
INCREASE
IN
NET
ASSETS
FROM
OPERATIONS
$
309,650
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
(Unaudited)
Statement
of
Changes
in
Net
Assets
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
Ended
6/30/24
Year
Ended
12/31/23
Increase
(Decrease)
in
Net
Assets
Operations
Net
investment
income
$
14,068
$
29,608
Net
realized
gain
26,148
22,903
Change
in
net
unrealized
gain
/
loss
269,434
428,714
Increase
in
net
assets
from
operations
309,650
481,225
Distributions
to
shareholders
Net
earnings
–
(32,830)
Capital
share
transactions
*
Shares
sold
142,988
177,782
Distributions
reinvested
–
29,719
Shares
redeemed
(181,091)
(248,468)
Decrease
in
net
assets
from
capital
share
transactions
(38,103)
(40,967)
Net
Assets
Increase
during
period
271,547
407,428
Beginning
of
period
2,277,524
1,870,096
End
of
period
$
2,549,071
$
2,277,524
*Share
information
(000s)
Shares
sold
2,643
3,841
Distributions
reinvested
–
589
Shares
redeemed
(3,318)
(5,440)
Decrease
in
shares
outstanding
(675)
(1,010)
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Unaudited
NOTES
TO
FINANCIAL
STATEMENTS
T.
Rowe
Price
Index
Trust,
Inc. (the
corporation) is
registered
under
the
Investment
Company
Act
of
1940
(the
1940
Act).
The
Total
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
match
the
performance
of
the
entire
U.S.
stock
market.
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
Total
Equity
Market
Index
Fund
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.
ET,
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.
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
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:
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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
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.
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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.
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
Valuation
Inputs
The
following
table
summarizes
the
fund’s
financial
instruments,
based
on
the
inputs
used
to
determine
their
fair
values
on
June
30,
2024
(for
further
detail
by
category,
please
refer
to
the
accompanying
Portfolio
of
Investments):
NOTE
3
-
DERIVATIVE
INSTRUMENTS
During
the
six
months ended
June
30,
2024,
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.
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.
($000s)
Level
1
Level
2
Level
3
Total
Value
Assets
Common
Stocks
$
2,539,499
$
—
$
—
$
2,539,499
Short-Term
Investments
8,473
685
—
9,158
Securities
Lending
Collateral
5,294
—
—
5,294
Total
Securities
2,553,266
685
—
2,553,951
Futures
Contracts*
22
—
—
22
Total
$
2,553,288
$
685
$
—
$
2,553,973
*
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.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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
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,
2024,
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,
2024,
and
the
related
location
on
the
accompanying
Statement
of
Operations
is
summarized
in
the
following
table
by
primary
underlying
risk
exposure:
($000s)
Location
on
Statement
of
Assets
and
Liabilities
Fair
Value*
Assets
Equity
derivatives
Futures
$
22
*
Total
$
22
*
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
$
1,669
Total
$
1,669
Change
in
Unrealized
Gain
(Loss)
Equity
derivatives
$
(495)
Total
$
(495)
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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.
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,
2024,
securities
valued
at $477,000
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
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
markets,
contract
prices
that
can
be
highly
volatile
and
imperfectly
correlated
to
movements
in
hedged
security
values,
and
potential
losses
in
excess
of
the
fund’s
initial
investment.
During
the
six
months ended
June
30,
2024,
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,
2024,
the
value
of
loaned
securities
was
$4,781,000;
the
value
of
cash
collateral
and
related
investments
was
$5,294,000.
Other
Purchases
and
sales
of
portfolio
securities
other
than
in-kind
transactions,
if
any,
and short-term securities
aggregated $68,142,000 and
$88,188,000,
respectively,
for
the
six
months ended
June
30,
2024.
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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,
2024,
the
cost
of
investments
(including
derivatives,
if
any)
for
federal
income
tax
purposes
was
$893,211,000.
Net
unrealized
gain
aggregated
$1,660,762,000
at
period-end,
of
which
$1,729,165,000
related
to
appreciated
investments
and
$68,403,000
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.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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
0.30%.
The
agreement
may
only
be
terminated
with
approval
by
the
fund’s
shareholders.
The
fund is
required
Expense
limitation
0.22%
Expense
limitation
date
04/30/26
(Waived)/repaid
during
the
period
($000s)
$—
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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.
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
for
the
six
months ended
June
30,
2024.
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,
2024,
expenses
incurred
pursuant
to
these
service
agreements
were
$58,000
for
Price
Associates;
$472,000
for
T.
Rowe
Price
Services,
Inc.;
and
$82,000
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
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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,
2024,
the
fund
had
no
purchases
or
sales
cross
trades
with
other
funds
or
accounts
advised
by
Price
Associates.
NOTE
8
-
OTHER
MATTERS
Unpredictable environmental,
political,
social
and
economic
events,
including
but
not
limited
to,
environmental
or
natural
disasters,
war
and
conflict
(including
Russia’s
military
invasion
of
Ukraine
and
the
conflict
in
Israel,
Gaza
and
surrounding
areas),
terrorism,
geopolitical
developments
(including
trading
and
tariff
arrangements,
sanctions
and
cybersecurity
attacks),
and
public
health
epidemics
(including
the
global
outbreak
of
COVID-19)
and
similar
public
health
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.
Management
actively
monitors
the
risks
and
financial
impacts
arising
from
such
events.
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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
11–12,
2024
(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.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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,
2023.
Additionally,
the
Board
reviewed
the
fund’s
relative
performance
information
as
of
September
30,
2023,
which
ranked
the
fund’s
returns
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,
the
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
and
Subadvisory
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
pursuant
to
which
research
may
be
received
from
broker-dealers
that
execute
the
fund’s
portfolio
transactions,
the
Board
noted
that
during
2023
the
Adviser
paid
the
costs
of
research
services
for
all
client
accounts
that
it
advises,
including
the
T.
Rowe
Price
funds.
However,
effective
January
1,
2024,
the
Adviser
will
begin
using
brokerage
commissions
in
connection
with
certain
T.
Rowe
Price
funds’
securities
transactions
to
pay
for
research
when
permissible.
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
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.
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’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
contractual
expense
limitations
that
require
the
Adviser
to
waive
its
fees
and/or
bear
any
expenses
that
would
otherwise
cause
the
fund’s
expenses
to
exceed
a
certain
percentage
based
on
the
fund’s
net
assets.
The
expense
limitation
mitigates
the
potential
for
an
increase
in
total
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
and
Subadviser’s
ongoing
investments
in
their
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
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
T.
ROWE
PRICE
Total
Equity
Market
Index
Fund
generally
constructed
the
peer
groups
by
seeking
the
most
comparable
funds
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
third
quintile
(Expense
Group),
the
fund’s
actual
management
fee
rate
ranked
in
the
third
quintile
(Expense
Group)
and
second
quintile
(Expense
Universe),
and
the
fund’s
total
expenses
ranked
in
the
third
quintile
(Expense
Group)
and
second
quintile
(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.
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
business
are
fundamentally
different
from
those
of
the
proprietary
mutual
fund
business.
The
Board
considered
information
showing
that
the
Adviser’s
mutual
fund
business
is
generally
more
complex
from
a
business
and
compliance
perspective
than
its
institutional
account
business
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
mutual
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
mutual
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
Total
Equity
Market
Index
Fund
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)
100
East
Pratt
Street
Baltimore,
MD
21202
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.
F123-051
8/24
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 and/or the Statement of Additional Information.
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.
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 Total Equity Market Index Fund
| | | | |
By | | /s/ David Oestreicher | | |
| | David Oestreicher | | |
| | Principal Executive Officer | | |
| | |
Date | | August 20, 2024 | | |
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 20, 2024 | | |
| | | | |
By | | /s/ Alan S. Dupski | | |
| | Alan S. Dupski | | |
| | Principal Financial Officer | | |
| | |
Date | | August 20, 2024 | | |