T. Rowe Price Extended Equity Market Index Fund (PEXMX)
Ticker Symbol:
PEXMX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Objective
Quick Stats
Fiscal Year End  December
Morningstar Category  Mid-Cap Blend
Inception Date 01/30/1998
Tax ID 52-2077753
Investment Objective
The fund seeks to track the performance of a benchmark index that measures the investment return of small- and mid-capitalization U.S. stocks.
Strategy
The fund attempts to match the investment return of small- and mid-capitalization U.S. stocks by seeking to match the performance of its benchmark index, the Standard & Poors Completion Index (S&P Index). The S&P Index consists of primarily small- and mid-capitalization stocks and generally includes those U.S. stocks that are not included in the Standard & Poors 500 Stock Index.
Investor Profile
Investors seeking capital appreciation over time who can accept the risk of loss inherent in common stock investing and the heightened risks associated with small- and mid-cap stocks. Appropriate for both regular and tax-deferred accounts, such as IRAs.

“Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500”, “500”, and “S&P Completion Index” are marks/trademarks of The McGraw-Hill Companies, Inc., and have been licensed for use by T. Rowe Price. The Product is not sponsored, endorsed, sold, or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of investing in the Product.
Risk/Reward Potential*
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Index investing provides investors with a convenient and relatively low-cost way to approximate the performance of a particular market. Because the fund is passively managed, its expenses are lower than the average actively managed fund. Assuming all other factors are equal, lower expenses can increase a fund's total return. Lower turnover should mean smaller capital gain distributions, which can raise a fund's after-tax returns.

Stocks can decline for many reasons, including adverse political or economic developments here or abroad, changes in investor psychology, or heavy institutional selling. The fund will be subject to the greater risks associated with small- and mid-cap stocks. Because the fund is designed to track the S&P Completion Index, it does not have the flexibility to shift assets toward stocks or sectors that are rising or away from stocks or sectors that are declining. As a result, actively managed funds may outperform this fund.
*Funds are placed in general risk/return categories based on their past performance or, for newer funds, the performance of the types of securities in which they invest. There is no assurance past trends will continue.
See Glossary for additional details on all data elements.