PEXMX Fees and Costs — T. Rowe Price Extended Equity Market Index Fund
Data updated: 2026-08-27
The net expense ratio is 0.24%: a 0.09% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $81K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 15%.
PEXMX Fees and Expenses
Annual operating expenses and sales charges of PEXMX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | — |
| Other expenses | 0.15% |
| Gross expense ratio | 0.24% |
| Fee waiver | — |
| Net expense ratio | 0.24% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PEXMX Costs Over Time
On $10,000 invested in PEXMX, assuming 5% a year before costs, total costs come to $158 over 5 years, cutting the return by 0.26% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.24%) | $25 | $79 | $139 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $26 | $86 | $158 |
| Value after costs | $10,474 | $11,490 | $12,605 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
PEXMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0081%
- Total broker commissions: $81K
- Bought from dealers (principal trades, not a cost): $43.2M
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $42.2M
- Net income from securities lending: $481K (0.048% of average net assets)
PEXMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $25K | 33.50% |
| BOFA SECURITIES, INC. | $17K | 22.82% |
| BARCLAYS CAPITAL INC. | $8K | 11.50% |
| J.P. MORGAN SECURITIES LLC | $6K | 7.87% |
| Jane Street Execution Services, LLC | $5K | 6.63% |
| Citigroup Inc. | $4K | 5.99% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $3K | 4.35% |
| UBS AG | $2K | 2.94% |
| Virtu ITG Hong Kong Limited | $2K | 2.42% |
| BMO Capital Markets Corp. | $1K | 1.99% |
PEXMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $32.3M | 74.94% |
| UBS AG | $9.3M | 21.46% |
| BMO Capital Markets Corp. | $404K | 0.94% |
| Nomura International PLC | $404K | 0.94% |
| RBC Capital Markets, LLC | $404K | 0.93% |
| J.P. MORGAN SECURITIES LLC | $302K | 0.70% |
| DAIWA CAPITAL MARKETS AMERICA INC. | $40K | 0.09% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.