0001193125-24-166556.txt : 20240624 0001193125-24-166556.hdr.sgml : 20240624 20240624120853 ACCESSION NUMBER: 0001193125-24-166556 CONFORMED SUBMISSION TYPE: N-CSRS PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20240430 FILED AS OF DATE: 20240624 DATE AS OF CHANGE: 20240624 EFFECTIVENESS DATE: 20240624 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price International Index Fund, Inc. CENTRAL INDEX KEY: 0001120925 ORGANIZATION NAME: IRS NUMBER: 522278495 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CSRS SEC ACT: 1940 Act SEC FILE NUMBER: 811-10063 FILM NUMBER: 241063041 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: T ROWE PRICE INTERNATIONAL INDEX FUND INC DATE OF NAME CHANGE: 20000802 0001120925 S000002099 T. Rowe Price International Equity Index Fund C000005467 T. Rowe Price International Equity Index Fund PIEQX C000224348 T. Rowe Price International Equity Index Fund-Z Class TLIEX N-CSRS 1 d819203dncsrs.htm INTERNATIONAL EQUITY INDEX FUND_IXF_F135-051 International Equity Index Fund_IXF_F135-051

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: 811-10063

T. Rowe Price International Index Fund, 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: October 31

Date of reporting period: April 30, 2024


Item 1. Reports to Shareholders

(a) Report pursuant to Rule 30e-1


Market
Commentary
Portfolio
Summary
Fund
Expense
Example
Financial
Highlights
Portfolio
of
Investments
Financial
Statements
and
Notes
Additional
Fund
Information
April
30,
2024
SemiAnnual
Report
For
more
insights
from
T.
Rowe
Price
investment
professionals,
go
to
troweprice.com
.
T.
ROWE
PRICE
PIEQX
International
Equity
Index
Fund
.
TLIEX
International
Equity
Index
Fund–
.
Z Class
T.
ROWE
PRICE
International
Equity
Index
Fund
Go
Paperless
Going
paperless
offers
a
host
of
benefits,
which
include:
Timely
delivery
of
important
documents
Convenient
access
to
your
documents
anytime,
anywhere
Strong
security
protocols
to
safeguard
sensitive
data
Waive
your
account
service
fee
by
going
paperless.*
To
Enroll:
˃
If
you
invest
directly
with
T.
Rowe
Price,
go
to
troweprice.com/paperless
.
If
you
invest
through
a
financial
intermediary
such
as
an
investment
advisor,
a
bank,
or
a
brokerage
firm,
please
contact
that
organization
and
ask
if
it
can
provide
electronic
documentation.
Log
in
to
your
account
at
troweprice.com
for
more
information.
*
An
account
service
fee
will
be
charged
annually
for
each
T.
Rowe
Price
mutual
fund
account
unless
you
meet
criteria
for
a
fee
waiver.
Go
to
troweprice.com/personal-investing/
help/fees-and-minimums.html
to
learn
more
about
this
account
service
fee,
including
other
ways
to
waive
it.
T.
ROWE
PRICE
International
Equity
Index
Fund
Market
Commentary
1
Dear
Shareholder
Major
global
stock
and
bond
indexes
produced
positive
results
during
the
first
half
of
your
fund’s
fiscal
year,
the
six-month
period
ended
April
30,
2024.
Investor
sentiment
was
bolstered
by
rising
hopes
at
the
end
of
2023
that
central
banks
would
be
able
to
cut
interest
rates
soon;
however,
stronger-than-expected
inflation
data
in
the
first
quarter
of
2024
contributed
to
a
downturn
in
April
that
offset
some
of
the
strong
gains
recorded
earlier
in
the
period.
Growth
stocks
outperformed
value
shares
over
the
six-month
period,
and
stocks
in
developed
markets
generally
outpaced
their
counterparts
in
emerging
markets.
Currency
movements
were
mixed
over
the
period—a
weaker
U.S.
dollar
versus
some
major
European
currencies
was
beneficial
for
U.S.
investors
in
European
securities,
while
a
downturn
in
the
Japanese
yen
had
the
reverse
effect.
Technology
companies
benefited
from
investor
enthusiasm
for
artificial
intelligence
developments
and
produced
some
of
the
strongest
results
in
the
equity
market.
Within
the
U.S.-focused
S&P
500
Index,
the
communication
services,
financials, information
technology,
and
industrials sectors
all
recorded
strong
gains,
while
returns
for
energy
companies
were
more
muted
as
oil
prices
dipped
at
the
end
of
2023
before
rebounding
in
the
new
year.
U.S.
Treasury
yields
finished
the
period
lower,
which
supported
broadly
positive
results
in
the
fixed
income
market.
High
yield
corporate
bonds
produced
some
of
the
strongest
returns,
aided
by
the
higher
coupons
that
have
become
available
since
the
Fed
began
hiking
rates
about
two
years
ago,
as
well
as
strength
in
the
economy
that
kept
default
expectations
at
low
levels.
The
U.S.
economy
was
the
strongest
among
the
major
markets
during
the
period,
although
first-quarter
gross
domestic
product
growth—according
to
a
preliminary
estimate—slowed
from
the
level
reported
at
the
end
of
2023.
Meanwhile,
after
flirting
with
a
recession
late
last
year,
growth
in
the
eurozone
appeared
to
be
healthier
in
the
latest
reports,
and
China’s
economy
showed
signs
of
recovery
after
a
sluggish
performance
in
2023.
T.
ROWE
PRICE
International
Equity
Index
Fund
2
The
positive
economic
news
aided
investor
sentiment
following
widespread
expectations
for
a
downturn
last
year.
But
the
outlook
for
monetary
policy
as
global
central
banks
continued
their
fight
against
inflation
was
more
difficult
to
decipher.
After
significant
progress
in
reducing
the
rate
of
price
increases—
12-month
consumer
price
index
inflation
dropped
from
6.4%
to
3.3%
over
the
course
of
2023—Federal
Reserve
policymakers
helped
boost
sentiment
when
their
year-end
economic
projections
indicated
that
three
quarter-point
interest
rate
cuts
were
likely
in
2024,
up
from
the
two
they
had
forecast
previously.
However,
with
inflation
improvements
stalling
so
far
this
year,
Fed
officials
indicated
that
they
will
take
a
patient
approach
to
loosening
monetary
policy,
a
message
that
weighed
on
markets
near
the
end
of
our
reporting
period.
Outside
the
U.S.,
the
European
Central
Bank was
also
facing
sticky
inflation,
but
officials
indicated
that
they
would
like
to
begin
cutting
rates
soon
if
upcoming
reports
are
favorable.
Meanwhile,
moving
in
the
other
direction,
the
Bank
of
Japan
lifted
short-term
interest
rates
from
negative
territory
for
the
first
time
in
over
seven
years
following
a
long
campaign
against
disinflation,
although
Japan’s
monetary
policy
remains
among
the
most
accommodative
in
the
world.
Global
economies
have
displayed
continued
resilience
in
the
year-to-date
period,
but
risks
remain
as
we
look
ahead.
Elevated
geopolitical
tensions,
uncertainty
about
the
path
of
monetary
policy,
and
fading
fiscal
stimulus
all
raise
the
potential
for
additional
volatility.
We
believe
this
environment
makes
skilled
active
management
a
critical
tool
for
identifying
risks
and
opportunities,
and
our
investment
teams
will
continue
to
use
fundamental
research
to
help
identify
securities
that
can
add
value
to
your
portfolio
over
the
long
term.
Thank
you
for
your
continued
confidence
in
T.
Rowe
Price.
Sincerely,
Robert
Sharps
CEO
and
President
T.
ROWE
PRICE
International
Equity
Index
Fund
Portfolio
Summary
3
SECTOR
DIVERSIFICATION
Percent
of
Net
Assets
10/31/23
4/30/24
Financials
18.6‌%
18.9‌%
Industrials
and
Business
Services
15.3‌
16.4‌
Health
Care
12.8‌
12.6‌
Consumer
Discretionary
11.6‌
11.7‌
Information
Technology
7.6‌
8.7‌
Consumer
Staples
9.6‌
8.4‌
Materials
7.4‌
7.1‌
Energy
4.8‌
4.3‌
Communication
Services
4.1‌
3.8‌
Utilities
3.4‌
3.0‌
Real
Estate
2.2‌
2.2‌
Other
and
Reserves
2.6‌
2.9‌
Total
100.0‌%
100.0‌%
Historical
weightings
reflect
current
industry/sector
classifications.
T.
ROWE
PRICE
International
Equity
Index
Fund
4
PORTFOLIO
HIGHLIGHTS
TWENTY-FIVE
LARGEST
HOLDINGS
Percent
of
Net
Assets
4/30/24
Novo
Nordisk,
Denmark
2.5‌%
ASML
Holding,
Netherlands
2.1‌ 
Nestle,
Switzerland
1.6‌ 
Toyota
Motor,
Japan
1.5‌ 
AstraZeneca,
United
Kingdom
1.4‌ 
Shell,
United
Kingdom
1.4‌ 
LVMH
Moet
Hennessy
Louis
Vuitton,
France
1.4‌ 
Novartis,
Switzerland
1.2‌ 
SAP,
Germany
1.1‌ 
Roche
Holding,
Switzerland
1.1‌ 
HSBC
Holdings,
United
Kingdom
1.0‌ 
TotalEnergies,
France
1.0‌ 
Siemens,
Germany
0.9‌ 
Bhp,
Australia
0.8‌ 
Unilever,
United
Kingdom
0.8‌ 
Schneider
Electric,
France
0.7‌ 
Commonwealth
Bank
of
Australia,
Australia
0.7‌ 
Sanofi,
France
0.7‌ 
L'Oreal,
France
0.7‌ 
Allianz,
Germany
0.7‌ 
BP,
United
Kingdom
0.7‌ 
Mitsubishi
UFJ
Financial,
Japan
0.7‌ 
Tokyo
Electron,
Japan
0.6‌ 
Sony,
Japan
0.6‌ 
Air
Liquide,
France
0.6‌ 
Total
26.5‌%
Note:
The
information
shown
does
not
reflect
any
exchange-traded
funds
(ETFs),
cash
reserves,
or
collateral
for
securities
lending
that
may
be
held
in
the
portfolio.
T.
ROWE
PRICE
International
Equity
Index
Fund
5
FUND
EXPENSE
EXAMPLE
As
a
mutual
fund
shareholder,
you
may
incur
two
types
of
costs:
(1)
transaction
costs,
such
as
redemption
fees
or
sales
loads,
and
(2)
ongoing
costs,
including
management
fees,
distribution
and
service
(12b-1)
fees,
and
other
fund
expenses.
The
following
example
is
intended
to
help
you
understand
your
ongoing
costs
(in
dollars)
of
investing
in
the
fund
and
to
compare
these
costs
with
the
ongoing
costs
of
investing
in
other
mutual
funds.
The
example
is
based
on
an
investment
of
$1,000
invested
at
the
beginning
of
the
most
recent
six-month
period
and
held
for
the
entire
period.
Please
note
that
the
fund
has
two
share
classes:
The
original
share
class
(Investor
Class)
charges
no
distribution
and
service
(12b-1)
fee,
and
the Z
Class
shares
are
offered
only
to
funds
advised
by
T.
Rowe
Price
and
other
advisory
clients
of
T.
Rowe
Price
or
its
affiliates
that
are
subject
to
a
contractual
fee
for
investment
management
services
and
impose
no
12b-1
fee
or
administrative
fee
payment.
Actual
Expenses
The
first
line
of
the
following
table
(Actual)
provides
information
about
actual
account
values
and
actual
expenses.
You
may
use
the
information
on
this
line,
together
with
your
account
balance,
to
estimate
the
expenses
that
you
paid
over
the
period.
Simply
divide
your
account
value
by
$1,000
(for
example,
an
$8,600
account
value
divided
by
$1,000
=
8.6),
then
multiply
the
result
by
the
number
on
the
first
line
under
the
heading
“Expenses
Paid
During
Period”
to
estimate
the
expenses
you
paid
on
your
account
during
this
period.
Hypothetical
Example
for
Comparison
Purposes
The
information
on
the
second
line
of
the
table
(Hypothetical)
is
based
on
hypothetical
account
values
and
expenses
derived
from
the
fund’s
actual
expense
ratio
and
an
assumed
5%
per
year
rate
of
return
before
expenses
(not
the
fund’s
actual
return).
You
may
compare
the
ongoing
costs
of
investing
in
the
fund
with
other
funds
by
contrasting
this
5%
hypothetical
example
and
the
5%
hypothetical
examples
that
appear
in
the
shareholder
reports
of
the
other
funds.
The
hypothetical
account
values
and
expenses
may
not
be
used
to
estimate
the
actual
ending
account
balance
or
expenses
you
paid
for
the
period.
Note:
T.
Rowe
Price
charges
an
account
service
fee
that
is
not
included
in
the
accompanying
table.
The
account
service
fee
is
charged
on
a
quarterly
basis,
usually
during
the
last
week
of
a
calendar
quarter,
and
applies
to
accounts
with
balances
below
$10,000
on
the
day
of
the
assessment.
The
fee
is
charged
to
accounts
that
fall
below
$10,000
for
any
reason,
including
market
fluctuations,
redemptions,
or
exchanges.
When
an
account
with
less
than
$10,000
is
closed
either
through
redemption
or
exchange,
the
fee
is
charged
and
deducted
from
the
proceeds.
The
fee
applies
to
IRAs
but
not
to
retirement
plans
directly
registered
with
T.
Rowe
Price
Services
or
accounts
maintained
by
intermediaries
through
NSCC
®
Networking.
If
you
are
subject
to
the
fee,
keep
it
in
mind
when
you
are
estimating
the
ongoing
expenses
of
investing
in
the
fund
and
when
comparing
the
expenses
of
this
fund
with
other
funds.
You
should
also
be
aware
that
the
expenses
shown
in
the
table
highlight
only
your
ongoing
costs
and
do
not
reflect
any
transaction
costs,
such
as
redemption
fees
or
sales
loads.
Therefore,
the
second
line
of
the
table
is
useful
in
comparing
ongoing
costs
only
and
will
not
help
you
determine
the
relative
total
costs
of
owning
different
funds.
To
the
extent
a
fund
charges
transaction
costs,
however,
the
total
cost
of
owning
that
fund
is
higher.
T.
ROWE
PRICE
International
Equity
Index
Fund
6
INTERNATIONAL
EQUITY
INDEX
FUND
Beginning
Account
Value
11/1/23
Ending
Account
Value
4/30/24
Expenses
Paid
During
Period*
11/1/23
to
4/30/24
Investor
Class
Actual
$1,000.00
$1,170.50
$1.40
Hypothetical
(assumes
5%
return
before
expenses)
 1,000.00
  1,023.57
  1.31
Z
Class
Actual
  1,000.00
  1,172.00
  0.00
Hypothetical
(assumes
5%
return
before
expenses)
 1,000.00
  1,024.86
  0.00
*
Expenses
are
equal
to
the
fund’s
annualized
expense
ratio
for
the
6-month
period,
multiplied
by
the
average
account
value
over
the
period,
multiplied
by
the
number
of
days
in
the
most
recent
fiscal
half
year
(182),
and
divided
by
the
days
in
the
year
(366)
to
reflect
the
half-year
period.
The
annualized
expense
ratio
of
the
1
Investor
Class
was
0.26%,
and
the
2
Z Class
was
0.00%.
FUND
EXPENSE
EXAMPLE
(CONTINUED)
T.
ROWE
PRICE
International
Equity
Index
Fund
(Unaudited)
Financial
Highlights
7
For
a
share
outstanding
throughout
each
period
Investor
Class
6
Months
.
Ended
4/30/24
..
Year
..
..
Ended
.
10/31/23
10/31/22
10/31/21
10/31/20
10/31/19
NET
ASSET
VALUE
Beginning
of
period
$
14.06‌
$
12.53‌
$
16.86‌
$
12.81‌
$
13.92‌
$
12.99‌
Investment
activities
Net
investment
income
(1)(2)
0.22‌
0.43‌
0.44‌
0.39‌
0.26‌
0.39‌
Net
realized
and
unrealized
gain/
loss
2.16‌
1.46‌
(4.25‌)
3.92‌
(0.98‌)
0.90‌
Total
from
investment
activities
2.38‌
1.89‌
(3.81‌)
4.31‌
(0.72‌)
1.29‌
Distributions
Net
investment
income
(0.47‌)
(0.36‌)
(0.40‌)
(0.26‌)
(0.38‌)
(0.36‌)
Net
realized
gain
—‌
—‌
(0.12‌)
—‌
(0.01‌)
—‌
Total
distributions
(0.47‌)
(0.36‌)
(0.52‌)
(0.26‌)
(0.39‌)
(0.36‌)
NET
ASSET
VALUE
End
of
period
$
15.97‌
$
14.06‌
$
12.53‌
$
16.86‌
$
12.81‌
$
13.92‌
T.
ROWE
PRICE
International
Equity
Index
Fund
(Unaudited)
Financial
Highlights
8
For
a
share
outstanding
throughout
each
period
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
Investor
Class
6
Months
.
Ended
4/30/24
..
Year
..
..
Ended
.
10/31/23
10/31/22
10/31/21
10/31/20
10/31/19
Ratios/Supplemental
Data
Total
return
(2)(3)
17.05‌%
15.12‌%
(23.30‌)%
33.89‌%
(5.43‌)%
10.35‌%
Ratios
to
average
net
assets:
(2)
Gross
expenses
before
waivers/
payments
by
Price
Associates
0.26‌%
(4)
0.26‌%
0.30‌%
0.40‌%
0.45‌%
0.45‌%
Net
expenses
after
waivers/
payments
by
Price
Associates
0.26‌%
(4)
0.26‌%
0.30‌%
0.40‌%
0.45‌%
0.45‌%
Net
investment
income
2.89‌%
(4)
2.93‌%
3.05‌%
2.41‌%
2.03‌%
2.98‌%
Portfolio
turnover
rate
1.7‌%
29.2‌%
12.9‌%
22.9‌%
10.5‌%
7.8‌%
Net
assets,
end
of
period
(in
thousands)
$738,064
$630,134
$546,336
$727,834
$543,578
$589,293
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
International
Equity
Index
Fund
(Unaudited)
Financial
Highlights
9
For
a
share
outstanding
throughout
each
period
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
Z
Class
(1)
6
Months
.
Ended
4/30/24
..
Year
..
..
Ended
.
11/2/20
(1)
Through
10/31/21
10/31/23
10/31/22
NET
ASSET
VALUE
Beginning
of
period
$
14.10‌
$
12.57‌
$
16.92‌
$
13.01‌
Investment
activities
Net
investment
income
(2)(3)
0.27‌
0.47‌
0.53‌
0.45‌
Net
realized
and
unrealized
gain/loss
2.13‌
1.47‌
(4.30‌)
3.73‌
Total
from
investment
activities
2.40‌
1.94‌
(3.77‌)
4.18‌
Distributions
Net
investment
income
(0.50‌)
(0.41‌)
(0.46‌)
(0.27‌)
Net
realized
gain
—‌
—‌
(0.12‌)
—‌
Total
distributions
(0.50‌)
(0.41‌)
(0.58‌)
(0.27‌)
NET
ASSET
VALUE
End
of
period
$
16.00‌
$
14.10‌
$
12.57‌
$
16.92‌
Ratios/Supplemental
Data
Total
return
(3)(4)
17.20‌%
15.46‌%
(23.05‌)%
32.39‌%
Ratios
to
average
net
assets:
(3)
Gross
expenses
before
waivers/payments
by
Price
Associates
0.15‌%
(5)
0.15‌%
0.15‌%
0.21‌%
(5)
Net
expenses
after
waivers/payments
by
Price
Associates
0.00‌%
(5)
0.00‌%
0.00‌%
0.00‌%
(5)
Net
investment
income
3.45‌%
(5)
3.16‌%
3.82‌%
2.74‌%
(5)
Portfolio
turnover
rate
1.7‌%
29.2‌%
12.9‌%
22.9‌%
Net
assets,
end
of
period
(in
thousands)
$208,562
$112,446
$37,194
$2,207
0‌%
0‌%
0‌%
0‌%
(1)
Inception
date
(2)
Per
share
amounts
calculated
using
average
shares
outstanding
method.
(3)
Includes
the
impact
of
expense-related
arrangements
with
Price
Associates.
(4)
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.
(5)
Annualized
T.
ROWE
PRICE
International
Equity
Index
Fund
April
30,
2024
(Unaudited)
10
Portfolio
of
Investments
Shares/Par
$
Value
(
Cost
and
value
in
$000s)
ARGENTINA  0.0%
Common
Stocks 0.0% 
Tenaris
(EUR) 
25,078‌
417‌
Total
Argentina
(Cost
$421)
417‌
AUSTRALIA  6.9%
Common
Stocks 6.9% 
Ampol 
13,036‌
308‌
ANZ
Group
Holdings 
170,384‌
3,074‌
APA
Group 
68,328‌
365‌
Aristocrat
Leisure 
32,196‌
822‌
ASX 
10,667‌
436‌
Aurizon
Holdings 
93,367‌
229‌
BHP
Group 
220,384‌
6,044‌
BHP
Group
(GBP)  (1)
66,172‌
1,828‌
BlueScope
Steel 
23,377‌
341‌
Brambles 
77,183‌
726‌
CAR
Group 
19,719‌
428‌
Cochlear 
3,635‌
758‌
Coles
Group 
74,280‌
775‌
Commonwealth
Bank
of
Australia 
95,014‌
6,962‌
Computershare 
29,102‌
511‌
CSL 
27,394‌
4,867‌
Dexus 
58,627‌
266‌
Endeavour
Group 
76,307‌
262‌
Fortescue 
95,660‌
1,585‌
Goodman
Group 
96,663‌
1,953‌
GPT
Group 
104,484‌
281‌
IDP
Education 
14,083‌
147‌
Insurance
Australia
Group 
129,768‌
538‌
James
Hardie
Industries,
CDI  (2)
24,470‌
841‌
Lottery
Corp 
116,876‌
365‌
Macquarie
Group 
20,714‌
2,480‌
Medibank 
151,002‌
346‌
Mineral
Resources 
9,309‌
422‌
Mirvac
Group 
215,318‌
282‌
National
Australia
Bank 
176,813‌
3,833‌
Northern
Star
Resources 
63,519‌
602‌
Orica 
25,592‌
296‌
Origin
Energy 
95,200‌
601‌
T.
ROWE
PRICE
International
Equity
Index
Fund
11
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Pilbara
Minerals 
149,805‌
381‌
Qantas
Airways  (2)
45,157‌
170‌
QBE
Insurance
Group 
83,041‌
950‌
Ramsay
Health
Care 
9,775‌
328‌
REA
Group 
2,814‌
323‌
Reece 
11,468‌
203‌
Rio
Tinto 
20,977‌
1,746‌
Santos 
180,424‌
885‌
Scentre
Group 
287,171‌
581‌
SEEK 
19,470‌
301‌
Seven
Group
Holdings 
8,524‌
207‌
Sonic
Healthcare 
24,936‌
428‌
South32 
241,542‌
551‌
Stockland 
126,327‌
358‌
Suncorp
Group 
70,426‌
752‌
Telstra
Group 
223,389‌
528‌
Transurban
Group 
172,211‌
1,383‌
Treasury
Wine
Estates 
42,511‌
330‌
Vicinity 
196,272‌
240‌
Washington
H.
Soul
Pattinson 
12,789‌
268‌
Wesfarmers 
64,261‌
2,753‌
Westpac
Banking 
198,403‌
3,295‌
WiseTech
Global 
9,213‌
543‌
Woodside
Energy
Group 
107,423‌
1,925‌
Woolworths
Group 
68,109‌
1,397‌
Xero  (2)
7,981‌
620‌
Total
Australia
(Cost
$54,424)
65,020‌
AUSTRIA  0.2%
Common
Stocks 0.2% 
Erste
Group
Bank 
19,088‌
890‌
OMV 
7,843‌
372‌
Verbund 
3,703‌
283‌
voestalpine 
5,755‌
154‌
Total
Austria
(Cost
$1,533)
1,699‌
BELGIUM  0.9%
Common
Stocks 0.9% 
Ageas 
8,510‌
390‌
Anheuser-Busch
InBev 
49,198‌
2,941‌
Argenx  (2)
3,297‌
1,232‌
T.
ROWE
PRICE
International
Equity
Index
Fund
12
Shares/Par
$
Value
(Cost
and
value
in
$000s)
D'ieteren
Group 
1,103‌
238‌
Elia
Group 
1,492‌
144‌
Groupe
Bruxelles
Lambert 
4,932‌
366‌
KBC
Group 
13,930‌
1,035‌
Lotus
Bakeries 
21‌
211‌
Sofina 
764‌
179‌
Syensqo  (2)
4,061‌
376‌
UCB  (1)
7,018‌
931‌
Umicore 
10,624‌
235‌
Warehouses
De
Pauw 
9,218‌
244‌
Total
Belgium
(Cost
$6,923)
8,522‌
CHILE  0.1%
Common
Stocks 0.1% 
Antofagasta
(GBP) 
21,771‌
597‌
Total
Chile
(Cost
$277)
597‌
CHINA  0.0%
Common
Stocks 0.0% 
Futu
Holdings,
ADR
(USD)  (2)
2,800‌
180‌
Total
China
(Cost
$292)
180‌
DENMARK  3.6%
Common
Stocks 3.6% 
AP
Moller
-
Maersk,
Class
162‌
230‌
AP
Moller
-
Maersk,
Class
264‌
382‌
Carlsberg,
Class
5,460‌
734‌
Coloplast,
Class
B  (1)
7,174‌
865‌
Danske
Bank 
38,408‌
1,106‌
Demant  (2)
5,113‌
244‌
DSV 
10,041‌
1,426‌
Genmab  (2)
3,678‌
1,021‌
Novo
Nordisk,
Class
185,306‌
23,764‌
Novonesis,
Class
20,784‌
1,151‌
Orsted  (2)
10,074‌
554‌
Pandora 
4,691‌
714‌
ROCKWOOL,
Class
474‌
154‌
Svitzer  (2)
852‌
29‌
Tryg 
19,181‌
380‌
T.
ROWE
PRICE
International
Equity
Index
Fund
13
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Vestas
Wind
Systems  (2)
56,338‌
1,510‌
Total
Denmark
(Cost
$13,181)
34,264‌
EGYPT  0.0%
Common
Stocks 0.0% 
OCI
(EUR) 
5,351‌
144‌
Total
Egypt
(Cost
$189)
144‌
EUROPE/FAR
EAST  0.6%
Equity
Mutual
Funds 0.6% 
iShares
Core
MSCI
EAFE,
ETF
(USD) 
83,878‌
6,022‌
Total
Europe/Far
East
(Cost
$5,683)
6,022‌
FINLAND  1.0%
Common
Stocks 1.0% 
Elisa 
7,469‌
337‌
Fortum 
24,508‌
323‌
Kesko,
Class
13,854‌
237‌
Kone,
Class
18,884‌
921‌
Metso 
34,824‌
395‌
Neste 
23,417‌
531‌
Nokia 
248,231‌
902‌
Nokia,
Ordinary
Shares 
57,926‌
210‌
Nordea
Bank 
179,672‌
2,105‌
Orion,
Class
5,486‌
209‌
Sampo,
Class
25,126‌
1,020‌
Stora
Enso,
Class
31,988‌
426‌
UPM-Kymmene 
29,675‌
1,040‌
Wartsila 
25,067‌
462‌
Total
Finland
(Cost
$9,969)
9,118‌
FRANCE  11.8%
Common
Stocks 11.8% 
Accor 
10,309‌
452‌
Aeroports
de
Paris 
1,856‌
236‌
Air
Liquide 
29,754‌
5,819‌
Airbus 
33,628‌
5,534‌
Alstom  (1)
16,037‌
253‌
T.
ROWE
PRICE
International
Equity
Index
Fund
14
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Amundi 
3,033‌
212‌
ArcelorMittal 
28,380‌
709‌
Arkema 
3,284‌
339‌
AXA 
102,937‌
3,557‌
BioMerieux 
2,101‌
223‌
BNP
Paribas 
58,536‌
4,212‌
Bollore 
44,908‌
291‌
Bouygues 
10,214‌
376‌
Bureau
Veritas 
15,708‌
458‌
Capgemini 
8,789‌
1,847‌
Carrefour 
30,318‌
510‌
Cie
de
Saint-Gobain 
25,779‌
2,039‌
Cie
Generale
des
Etablissements
Michelin 
37,874‌
1,455‌
Covivio 
2,468‌
123‌
Credit
Agricole 
59,338‌
918‌
Danone 
36,442‌
2,281‌
Dassault
Aviation 
1,264‌
271‌
Dassault
Systemes 
37,766‌
1,482‌
Edenred 
13,842‌
657‌
Eiffage 
4,048‌
432‌
Engie 
103,239‌
1,792‌
EssilorLuxottica 
16,719‌
3,565‌
Eurazeo 
2,269‌
204‌
Eurofins
Scientific 
7,439‌
456‌
Euronext 
4,564‌
411‌
Gecina 
2,332‌
238‌
Getlink 
19,548‌
333‌
Hermes
International 
1,796‌
4,300‌
Ipsen 
1,913‌
233‌
Kering 
4,210‌
1,475‌
Klepierre 
11,741‌
315‌
La
Francaise
des
Jeux
SAEM 
5,390‌
203‌
L'Oreal 
13,650‌
6,400‌
Legrand 
14,729‌
1,514‌
LVMH
Moet
Hennessy
Louis
Vuitton 
15,676‌
12,877‌
Orange 
103,699‌
1,154‌
Pernod
Ricard 
11,562‌
1,749‌
Publicis
Groupe 
12,757‌
1,408‌
Remy
Cointreau 
1,159‌
110‌
Renault 
10,603‌
525‌
Rexel 
13,642‌
354‌
Safran 
19,377‌
4,201‌
Sanofi 
64,570‌
6,379‌
T.
ROWE
PRICE
International
Equity
Index
Fund
15
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Sartorius
Stedim
Biotech 
1,555‌
335‌
Schneider
Electric 
30,875‌
7,040‌
SEB 
1,297‌
153‌
Societe
Generale 
40,207‌
1,083‌
Sodexo 
4,711‌
410‌
STMicroelectronics 
38,626‌
1,529‌
Teleperformance 
3,170‌
287‌
Thales 
5,519‌
928‌
TotalEnergies 
123,611‌
8,974‌
Unibail-Rodamco-Westfield  (2)
5,880‌
490‌
Unibail-Rodamco-Westfield,
CDI
(AUD)  (2)
26,273‌
107‌
Veolia
Environnement 
38,380‌
1,193‌
Vinci 
28,373‌
3,325‌
Vivendi 
36,362‌
370‌
Worldline  (2)
12,190‌
126‌
Total
France
(Cost
$76,980)
111,232‌
GERMANY  8.4%
Common
Stocks 8.0% 
adidas 
9,166‌
2,209‌
Allianz 
22,222‌
6,306‌
BASF 
50,544‌
2,648‌
Bayer 
55,501‌
1,619‌
Bayerische
Motoren
Werke 
18,041‌
1,966‌
Bechtle 
4,061‌
196‌
Beiersdorf 
5,596‌
841‌
Brenntag 
7,662‌
611‌
Carl
Zeiss
Meditec 
2,056‌
217‌
Commerzbank 
58,492‌
869‌
Continental 
5,846‌
379‌
Covestro  (2)
10,157‌
509‌
Daimler
Truck
Holding 
29,838‌
1,346‌
Delivery
Hero  (2)
9,370‌
262‌
Deutsche
Bank 
109,527‌
1,749‌
Deutsche
Boerse 
10,751‌
2,073‌
Deutsche
Lufthansa  (2)
30,320‌
217‌
Deutsche
Post 
56,104‌
2,349‌
Deutsche
Telekom 
183,754‌
4,209‌
E.ON 
126,897‌
1,680‌
Evonik
Industries 
12,235‌
255‌
Fresenius 
23,385‌
698‌
Fresenius
Medical
Care 
10,939‌
461‌
T.
ROWE
PRICE
International
Equity
Index
Fund
16
Shares/Par
$
Value
(Cost
and
value
in
$000s)
GEA
Group 
8,597‌
347‌
Hannover
Rueck 
3,352‌
831‌
Heidelberg
Materials 
7,348‌
740‌
Henkel 
5,499‌
395‌
Infineon
Technologies 
73,930‌
2,566‌
Knorr-Bremse 
3,956‌
294‌
LEG
Immobilien  (2)
3,946‌
335‌
Mercedes-Benz
Group 
45,472‌
3,440‌
Merck 
7,200‌
1,144‌
MTU
Aero
Engines 
2,985‌
719‌
Munich
Re 
7,734‌
3,402‌
Nemetschek 
3,149‌
278‌
Puma 
5,728‌
264‌
QIAGEN 
11,780‌
492‌
Rational 
254‌
217‌
Rheinmetall 
2,427‌
1,337‌
RWE 
35,205‌
1,226‌
SAP 
59,270‌
10,702‌
Scout24 
4,090‌
300‌
Siemens 
43,125‌
8,079‌
Siemens
Energy  (1)(2)
28,616‌
588‌
Siemens
Healthineers 
15,677‌
869‌
Symrise 
7,375‌
791‌
Talanx 
3,511‌
264‌
Volkswagen  (1)
1,541‌
218‌
Vonovia 
40,811‌
1,179‌
Zalando  (2)
12,237‌
320‌
75,006‌
Preferred
Stocks 0.4% 
Bayerische
Motoren
Werke 
3,112‌
320‌
Dr.
Ing.
h.c.
F.
Porsche 
6,304‌
561‌
Henkel 
10,215‌
811‌
Porsche
Automobil
Holding 
8,427‌
429‌
Sartorius  (1)
1,448‌
433‌
Volkswagen 
11,645‌
1,427‌
3,981‌
Total
Germany
(Cost
$61,986)
78,987‌
HONG
KONG  1.8%
Common
Stocks 1.8% 
AIA
Group 
644,200‌
4,718‌
T.
ROWE
PRICE
International
Equity
Index
Fund
17
Shares/Par
$
Value
(Cost
and
value
in
$000s)
BOC
Hong
Kong
Holdings 
197,500‌
605‌
Brightoil
Petroleum
Holdings  (2)(3)
109,000‌
—‌
CK
Asset
Holdings 
104,300‌
445‌
CK
Hutchison
Holdings 
148,800‌
723‌
CK
Infrastructure
Holdings 
32,500‌
184‌
CLP
Holdings 
91,400‌
719‌
ESR
Group  (1)
111,200‌
122‌
Galaxy
Entertainment
Group 
121,000‌
543‌
Hang
Lung
Properties 
91,000‌
100‌
Hang
Seng
Bank 
40,800‌
538‌
Henderson
Land
Development 
73,773‌
222‌
HKT
Trust
&
HKT 
194,000‌
214‌
Hong
Kong
&
China
Gas 
595,277‌
453‌
Hong
Kong
Exchanges
&
Clearing 
68,100‌
2,164‌
Hongkong
Land
Holdings
(USD) 
55,000‌
176‌
Jardine
Matheson
Holdings
(USD) 
8,400‌
321‌
Link 
142,800‌
612‌
MTR 
85,000‌
279‌
Power
Assets
Holdings 
74,000‌
425‌
Sands
China  (2)
132,800‌
313‌
Sino
Land 
201,800‌
216‌
SITC
International
Holdings 
69,000‌
150‌
Sun
Hung
Kai
Properties 
78,000‌
720‌
Swire
Pacific,
Class
22,000‌
186‌
Swire
Properties 
61,000‌
126‌
Techtronic
Industries 
76,000‌
1,050‌
WH
Group 
454,500‌
330‌
Wharf
Holdings 
64,000‌
206‌
Wharf
Real
Estate
Investment 
91,100‌
283‌
Total
Hong
Kong
(Cost
$16,676)
17,143‌
IRELAND  0.4%
Common
Stocks 0.4% 
AIB
Group 
86,491‌
448‌
Bank
of
Ireland
Group 
58,406‌
623‌
DCC
(GBP) 
5,186‌
354‌
Kerry
Group,
Class
8,760‌
754‌
Kingspan
Group 
8,635‌
768‌
Smurfit
Kappa
Group 
14,417‌
625‌
Total
Ireland
(Cost
$2,569)
3,572‌
T.
ROWE
PRICE
International
Equity
Index
Fund
18
Shares/Par
$
Value
(Cost
and
value
in
$000s)
ISRAEL 0.6%
Common
Stocks 0.6% 
Azrieli
Group 
2,210‌
142‌
Bank
Hapoalim 
70,332‌
634‌
Bank
Leumi
Le-Israel 
84,362‌
657‌
Check
Point
Software
Technologies
(USD)  (2)
5,198‌
777‌
CyberArk
Software
(USD)  (2)
2,311‌
553‌
Elbit
Systems 
1,420‌
289‌
Global-e
Online
(USD)  (2)
5,077‌
170‌
ICL
Group 
39,238‌
184‌
Israel
Discount
Bank,
Class
67,701‌
347‌
Mizrahi
Tefahot
Bank 
8,453‌
308‌
Monday.com
(USD)  (2)
1,531‌
290‌
Nice  (2)
3,517‌
787‌
Teva
Pharmaceutical
Industries,
ADR
(USD)  (2)
62,231‌
874‌
Total
Israel
(Cost
$4,203)
6,012‌
ITALY  2.6%
Common
Stocks 2.6% 
Amplifon 
6,389‌
213‌
Assicurazioni
Generali 
56,506‌
1,378‌
Banco
BPM 
72,411‌
475‌
Davide
Campari-Milano 
32,327‌
324‌
DiaSorin 
1,249‌
126‌
Enel 
460,712‌
3,028‌
Eni 
127,470‌
2,047‌
Ferrari 
7,140‌
2,936‌
FinecoBank
Banca
Fineco 
32,438‌
497‌
Infrastrutture
Wireless
Italiane 
17,047‌
183‌
Intesa
Sanpaolo 
838,258‌
3,138‌
Leonardo 
22,347‌
514‌
Mediobanca
Banca
di
Credito
Finanziario 
28,987‌
412‌
Moncler 
11,439‌
779‌
Nexi  (2)
29,939‌
174‌
Poste
Italiane 
26,500‌
337‌
Prysmian 
14,574‌
791‌
Recordati
Industria
Chimica
e
Farmaceutica 
5,712‌
304‌
Snam 
107,394‌
491‌
Stellantis,
Borsa
Italiana
S.P.A 
92,072‌
2,037‌
Stellantis,
Euronext
Paris 
33,483‌
741‌
T.
ROWE
PRICE
International
Equity
Index
Fund
19
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Telecom
Italia  (1)(2)
494,125‌
117‌
Terna
-
Rete
Elettrica
Nazionale 
77,884‌
624‌
UniCredit 
87,312‌
3,205‌
Total
Italy
(Cost
$18,461)
24,871‌
JAPAN  22.1%
Common
Stocks 22.1% 
Advantest 
42,800‌
1,340‌
Aeon 
36,400‌
761‌
AGC 
10,800‌
399‌
Aisin  (1)
7,900‌
300‌
Ajinomoto 
26,100‌
970‌
ANA
Holdings 
7,900‌
150‌
Asahi
Group
Holdings 
26,800‌
917‌
Asahi
Intecc 
11,000‌
161‌
Asahi
Kasei 
66,900‌
466‌
Astellas
Pharma 
100,780‌
967‌
Azbil 
6,500‌
182‌
Bandai
Namco
Holdings 
33,200‌
620‌
Bridgestone 
31,900‌
1,408‌
Brother
Industries 
11,900‌
210‌
Canon 
56,600‌
1,532‌
Capcom 
18,600‌
306‌
Central
Japan
Railway 
43,100‌
986‌
Chiba
Bank 
26,300‌
222‌
Chubu
Electric
Power 
34,400‌
442‌
Chugai
Pharmaceutical 
37,500‌
1,193‌
Concordia
Financial
Group 
53,800‌
290‌
Dai
Nippon
Printing 
10,900‌
317‌
Daifuku 
16,200‌
332‌
Dai-ichi
Life
Holdings 
52,500‌
1,216‌
Daiichi
Sankyo 
104,800‌
3,527‌
Daikin
Industries 
14,800‌
2,020‌
Daito
Trust
Construction 
3,400‌
364‌
Daiwa
House
Industry 
33,100‌
931‌
Daiwa
Securities
Group 
73,800‌
542‌
Denso 
107,000‌
1,824‌
Dentsu
Group 
11,100‌
300‌
Disco 
5,300‌
1,510‌
East
Japan
Railway 
50,700‌
929‌
Eisai 
14,000‌
575‌
ENEOS
Holdings 
159,920‌
739‌
T.
ROWE
PRICE
International
Equity
Index
Fund
20
Shares/Par
$
Value
(Cost
and
value
in
$000s)
FANUC 
53,200‌
1,576‌
Fast
Retailing 
9,900‌
2,589‌
Fuji
Electric 
6,800‌
423‌
FUJIFILM
Holdings 
62,700‌
1,334‌
Fujitsu 
99,000‌
1,529‌
GLP
J-Reit 
237‌
193‌
Hamamatsu
Photonics 
7,700‌
282‌
Hankyu
Hanshin
Holdings 
12,600‌
330‌
Hikari
Tsushin 
1,000‌
163‌
Hirose
Electric 
1,718‌
182‌
Hitachi 
52,600‌
4,853‌
Hitachi
Construction
Machinery 
5,300‌
151‌
Honda
Motor 
261,700‌
2,977‌
Hoshizaki 
5,500‌
190‌
Hoya 
19,900‌
2,307‌
Hulic 
19,700‌
182‌
Ibiden 
6,100‌
232‌
Idemitsu
Kosan 
52,760‌
357‌
Iida
Group
Holdings 
8,000‌
102‌
Inpex 
53,900‌
807‌
Isuzu
Motors 
31,000‌
393‌
ITOCHU 
67,300‌
3,036‌
Japan
Airlines 
7,200‌
128‌
Japan
Exchange
Group 
27,900‌
653‌
Japan
Metropolitan
Fund
Invest 
355‌
214‌
Japan
Post
Bank  (1)
80,400‌
816‌
Japan
Post
Holdings 
114,200‌
1,097‌
Japan
Post
Insurance 
10,200‌
191‌
Japan
Real
Estate
Investment 
65‌
220‌
Japan
Tobacco 
67,800‌
1,824‌
JFE
Holdings 
31,875‌
476‌
JSR 
9,700‌
266‌
Kajima 
23,400‌
448‌
Kansai
Electric
Power 
37,500‌
562‌
Kao 
26,000‌
1,073‌
Kawasaki
Kisen
Kaisha 
22,200‌
313‌
KDDI 
84,700‌
2,350‌
KDX
Realty
Investment 
212‌
209‌
Keisei
Electric
Railway 
7,300‌
272‌
Keyence 
11,056‌
4,862‌
Kikkoman 
36,500‌
435‌
Kintetsu
Group
Holdings 
9,900‌
254‌
Kirin
Holdings 
43,000‌
628‌
T.
ROWE
PRICE
International
Equity
Index
Fund
21
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Kobe
Bussan 
7,700‌
166‌
Koito
Manufacturing 
10,600‌
143‌
Komatsu 
51,700‌
1,544‌
Konami
Holdings 
5,400‌
326‌
Kubota 
55,600‌
892‌
Kyocera 
71,500‌
871‌
Kyowa
Kirin 
14,400‌
242‌
Lasertec 
4,300‌
928‌
LY 
146,700‌
352‌
M3 
23,500‌
249‌
Makita 
11,900‌
345‌
Marubeni 
79,900‌
1,424‌
MatsukiyoCocokara 
18,200‌
258‌
Mazda
Motor 
31,200‌
353‌
McDonald's
Holdings
Japan 
4,400‌
194‌
MEIJI
Holdings 
12,880‌
288‌
MINEBEA
MITSUMI 
19,300‌
361‌
MISUMI
Group 
14,400‌
234‌
Mitsubishi 
195,600‌
4,473‌
Mitsubishi
Chemical
Holdings 
67,800‌
396‌
Mitsubishi
Electric 
109,200‌
1,903‌
Mitsubishi
Estate 
62,700‌
1,149‌
Mitsubishi
HC
Capital 
44,600‌
289‌
Mitsubishi
Heavy
Industries 
179,000‌
1,600‌
Mitsubishi
UFJ
Financial
Group 
629,890‌
6,275‌
Mitsui 
73,400‌
3,543‌
Mitsui
Chemicals 
8,700‌
248‌
Mitsui
Fudosan 
151,000‌
1,537‌
Mitsui
OSK
Lines 
19,100‌
606‌
Mizuho
Financial
Group 
136,610‌
2,641‌
MonotaRO 
12,400‌
149‌
MS&AD
Insurance
Group
Holdings 
71,700‌
1,289‌
Murata
Manufacturing 
97,500‌
1,782‌
NEC 
13,700‌
992‌
Nexon 
19,400‌
302‌
NIDEC 
23,244‌
1,089‌
Nintendo 
58,900‌
2,872‌
Nippon
Building
Fund  (1)
81‌
309‌
Nippon
Express
Holdings 
3,700‌
189‌
Nippon
Paint
Holdings 
49,800‌
319‌
Nippon
Prologis
REIT 
112‌
193‌
Nippon
Sanso
Holdings 
8,900‌
264‌
Nippon
Steel 
47,612‌
1,067‌
T.
ROWE
PRICE
International
Equity
Index
Fund
22
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Nippon
Telegraph
&
Telephone 
1,690,400‌
1,825‌
Nippon
Yusen
KK 
25,400‌
721‌
Nissan
Chemical 
6,700‌
228‌
Nissan
Motor 
128,100‌
469‌
Nissin
Foods
Holdings 
10,900‌
291‌
Nitori
Holdings 
4,300‌
575‌
Nitto
Denko 
7,700‌
637‌
Nomura
Holdings 
167,200‌
951‌
Nomura
Real
Estate
Holdings 
5,600‌
157‌
Nomura
Real
Estate
Master
Fund 
215‌
206‌
Nomura
Research
Institute 
21,281‌
515‌
NTT
Data
Group 
33,600‌
525‌
Obayashi 
35,700‌
398‌
Obic 
3,700‌
475‌
Odakyu
Electric
Railway 
15,900‌
179‌
Olympus 
66,800‌
930‌
Omron 
9,200‌
316‌
Ono
Pharmaceutical 
19,700‌
284‌
Oracle
Corporation
Japan 
1,900‌
143‌
Oriental
Land 
61,600‌
1,700‌
ORIX 
65,400‌
1,338‌
Osaka
Gas 
19,900‌
442‌
Otsuka 
11,600‌
231‌
Otsuka
Holdings 
22,800‌
975‌
Pan
Pacific
International
Holdings 
20,300‌
477‌
Panasonic
Holdings 
122,995‌
1,074‌
Rakuten
Group  (2)
79,600‌
383‌
Recruit
Holdings 
81,600‌
3,514‌
Renesas
Electronics 
81,800‌
1,328‌
Resona
Holdings 
117,800‌
745‌
Ricoh 
27,800‌
240‌
Rohm 
17,600‌
253‌
SBI
Holdings 
13,140‌
320‌
SCREEN
Holdings 
4,400‌
454‌
SCSK 
8,100‌
147‌
Secom 
11,600‌
806‌
Seiko
Epson 
14,600‌
240‌
Sekisui
Chemical 
19,500‌
284‌
Sekisui
House 
33,000‌
758‌
Seven
&
i
Holdings 
127,756‌
1,651‌
SG
Holdings 
16,200‌
190‌
Sharp  (1)(2)
13,200‌
69‌
Shimadzu 
12,400‌
337‌
T.
ROWE
PRICE
International
Equity
Index
Fund
23
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Shimano 
4,200‌
683‌
Shimizu 
27,400‌
170‌
Shin-Etsu
Chemical 
102,000‌
3,948‌
Shionogi 
13,700‌
640‌
Shiseido 
22,100‌
592‌
Shizuoka
Financial
Group 
23,800‌
222‌
SMC 
3,200‌
1,681‌
SoftBank 
162,700‌
1,962‌
SoftBank
Group 
58,200‌
2,862‌
Sompo
Holdings 
49,500‌
980‌
Sony
Group 
71,500‌
5,910‌
Square
Enix
Holdings 
4,400‌
159‌
Subaru 
33,400‌
746‌
SUMCO 
19,100‌
285‌
Sumitomo 
57,900‌
1,523‌
Sumitomo
Electric
Industries 
39,500‌
611‌
Sumitomo
Metal
Mining 
13,100‌
438‌
Sumitomo
Mitsui
Financial
Group 
72,000‌
4,090‌
Sumitomo
Mitsui
Trust
Holdings 
36,324‌
764‌
Sumitomo
Realty
&
Development 
15,200‌
526‌
Suntory
Beverage
&
Food 
7,100‌
231‌
Suzuki
Motor 
87,200‌
1,015‌
Sysmex 
26,700‌
427‌
T&D
Holdings 
26,600‌
434‌
Taisei 
9,200‌
337‌
Takeda
Pharmaceutical 
89,498‌
2,352‌
TDK 
21,600‌
964‌
Terumo 
75,000‌
1,272‌
TIS 
11,200‌
239‌
Tobu
Railway 
9,600‌
190‌
Toho 
5,700‌
191‌
Tokio
Marine
Holdings 
102,000‌
3,224‌
Tokyo
Electric
Power
Holdings  (2)
81,300‌
506‌
Tokyo
Electron 
26,700‌
5,857‌
Tokyo
Gas 
19,900‌
446‌
Tokyu 
26,900‌
318‌
TOPPAN
Holdings 
13,100‌
311‌
Toray
Industries 
76,000‌
347‌
TOTO 
7,300‌
198‌
Toyota
Industries 
8,100‌
770‌
Toyota
Motor 
601,990‌
13,731‌
Toyota
Tsusho 
11,700‌
744‌
Trend
Micro 
7,300‌
360‌
T.
ROWE
PRICE
International
Equity
Index
Fund
24
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Unicharm 
22,300‌
663‌
USS 
21,000‌
160‌
West
Japan
Railway 
24,200‌
459‌
Yakult
Honsha 
13,000‌
254‌
Yamaha 
7,100‌
150‌
Yamaha
Motor 
49,100‌
458‌
Yamato
Holdings 
14,400‌
190‌
Yaskawa
Electric 
13,200‌
544‌
Yokogawa
Electric 
11,600‌
256‌
Zensho
Holdings 
4,900‌
190‌
ZOZO 
7,100‌
153‌
Total
Japan
(Cost
$144,746)
209,587‌
NETHERLANDS  4.8%
Common
Stocks 4.8% 
ABN
AMRO
Bank,
CVA  (1)
26,201‌
420‌
Adyen  (2)
1,229‌
1,472‌
Aegon 
85,628‌
533‌
AerCap
Holdings
(USD)  (2)
11,132‌
941‌
Akzo
Nobel 
9,452‌
624‌
ASM
International 
2,653‌
1,669‌
ASML
Holding 
22,890‌
19,937‌
ASR
Nederland 
8,445‌
423‌
BE
Semiconductor
Industries 
4,269‌
566‌
Coca-Cola
Europacific
Partners
(USD) 
11,462‌
825‌
DSM-Firmenich 
10,356‌
1,161‌
EXOR 
5,174‌
565‌
Heineken 
15,939‌
1,551‌
Heineken
Holding 
6,906‌
556‌
IMCD 
3,033‌
458‌
ING
Groep  (1)
188,234‌
2,976‌
JDE
Peet's 
6,375‌
142‌
Koninklijke
Ahold
Delhaize 
53,809‌
1,633‌
Koninklijke
KPN 
185,847‌
675‌
Koninklijke
Philips  (2)
43,145‌
1,146‌
NN
Group 
14,996‌
692‌
Prosus 
82,799‌
2,770‌
Randstad 
5,599‌
281‌
Universal
Music
Group 
45,686‌
1,344‌
Wolters
Kluwer 
14,062‌
2,105‌
Total
Netherlands
(Cost
$27,382)
45,465‌
T.
ROWE
PRICE
International
Equity
Index
Fund
25
Shares/Par
$
Value
(Cost
and
value
in
$000s)
NEW
ZEALAND  0.2%
Common
Stocks 0.2% 
Auckland
International
Airport 
69,604‌
322‌
EBOS
Group 
7,775‌
160‌
Fisher
&
Paykel
Healthcare 
30,998‌
519‌
Mercury
NZ 
36,089‌
135‌
Meridian
Energy 
65,514‌
231‌
Spark
New
Zealand 
94,923‌
267‌
Total
New
Zealand
(Cost
$1,180)
1,634‌
NORWAY  0.6%
Common
Stocks 0.6% 
Adevinta  (2)
18,363‌
187‌
Aker
BP 
16,830‌
408‌
DNB
Bank 
51,487‌
897‌
Equinor 
50,211‌
1,336‌
Gjensidige
Forsikring 
9,918‌
159‌
Kongsberg
Gruppen 
4,549‌
321‌
Mowi 
25,650‌
450‌
Norsk
Hydro 
70,661‌
434‌
Orkla 
38,097‌
259‌
Salmar 
3,681‌
232‌
Telenor 
35,881‌
413‌
Yara
International 
8,398‌
240‌
Total
Norway
(Cost
$4,981)
5,336‌
PORTUGAL  0.2%
Common
Stocks 0.2% 
Banco
Espirito
Santo  (2)(3)
127,132‌
—‌
EDP
-
Energias
de
Portugal 
173,758‌
653‌
EDP
Renovaveis  (1)
15,587‌
213‌
Galp
Energia 
24,960‌
536‌
Jeronimo
Martins 
14,870‌
306‌
Total
Portugal
(Cost
$1,851)
1,708‌
T.
ROWE
PRICE
International
Equity
Index
Fund
26
Shares/Par
$
Value
(Cost
and
value
in
$000s)
RUSSIAN
FEDERATION  0.0%
Common
Stocks 0.0% 
Evraz
(GBP)  (2)(3)
21,218‌
—‌
Total
Russian
Federation
(Cost
$137)
—‌
SINGAPORE  1.3%
Common
Stocks 1.3% 
CapitaLand
Ascendas
REIT 
198,797‌
377‌
CapitaLand
Integrated
Commercial
Trust 
292,868‌
418‌
CapitaLand
Investment 
132,000‌
255‌
City
Developments 
25,400‌
114‌
DBS
Group
Holdings 
112,750‌
2,870‌
Genting
Singapore 
309,000‌
206‌
Grab
Holdings,
Class
A
(USD)  (2)
100,950‌
353‌
Jardine
Cycle
&
Carriage 
5,100‌
99‌
Keppel 
80,100‌
401‌
Mapletree
Logistics
Trust 
175,300‌
172‌
Mapletree
Pan
Asia
Commercial
Trust 
120,412‌
110‌
Oversea-Chinese
Banking 
191,425‌
1,987‌
Sea,
ADR
(USD)  (2)
20,531‌
1,297‌
Seatrium  (2)
2,250,599‌
161‌
Sembcorp
Industries 
45,400‌
178‌
Singapore
Airlines 
79,232‌
378‌
Singapore
Exchange 
46,800‌
319‌
Singapore
Technologies
Engineering 
79,800‌
234‌
Singapore
Telecommunications 
458,550‌
795‌
United
Overseas
Bank 
70,520‌
1,565‌
Wilmar
International 
97,400‌
229‌
Total
Singapore
(Cost
$11,576)
12,518‌
SPAIN  2.6%
Common
Stocks 2.6% 
Acciona 
1,224‌
142‌
ACS
Actividades
de
Construccion
y
Servicios 
11,363‌
455‌
Aena 
4,165‌
759‌
Amadeus
IT
Group 
25,453‌
1,616‌
Banco
Bilbao
Vizcaya
Argentaria 
330,870‌
3,578‌
Banco
Santander  (1)
917,448‌
4,464‌
T.
ROWE
PRICE
International
Equity
Index
Fund
27
Shares/Par
$
Value
(Cost
and
value
in
$000s)
CaixaBank 
216,666‌
1,143‌
Cellnex
Telecom 
25,516‌
843‌
Enagas 
12,625‌
185‌
Endesa 
17,335‌
316‌
Ferrovial 
28,866‌
1,038‌
Grifols  (2)
15,130‌
138‌
Iberdrola 
347,878‌
4,266‌
Industria
de
Diseno
Textil  (1)
61,792‌
2,813‌
Redeia 
21,309‌
356‌
Repsol 
68,030‌
1,068‌
Telefonica 
272,143‌
1,219‌
Total
Spain
(Cost
$21,567)
24,399‌
SWEDEN  2.9%
Common
Stocks 2.9% 
Alfa
Laval  (1)
16,019‌
682‌
Assa
Abloy,
Class
B  (1)
56,643‌
1,497‌
Atlas
Copco,
Class
152,089‌
2,664‌
Atlas
Copco,
Class
86,990‌
1,304‌
Beijer
Ref  (1)
19,524‌
275‌
Boliden  (1)
15,026‌
494‌
Epiroc,
Class
42,795‌
791‌
Epiroc,
Class
16,126‌
267‌
EQT  (1)
20,682‌
558‌
Essity,
Class
33,810‌
843‌
Evolution  (1)
10,215‌
1,129‌
Fastighets
Balder,
Class
B  (1)(2)
35,340‌
223‌
Getinge,
Class
11,602‌
244‌
H
&
M
Hennes
&
Mauritz,
Class
B  (1)
35,629‌
566‌
Hexagon,
Class
115,738‌
1,211‌
Holmen,
Class
B  (1)
4,652‌
181‌
Husqvarna,
Class
B  (1)
21,284‌
173‌
Industrivarden,
Class
2,659‌
86‌
Industrivarden,
Class
C  (1)
13,636‌
438‌
Indutrade 
14,465‌
333‌
Investment
AB
Latour,
Class
B  (1)
7,710‌
186‌
Investor,
Class
97,983‌
2,400‌
L
E
Lundbergforetagen,
Class
B  (1)
3,769‌
186‌
Lifco,
Class
12,760‌
309‌
Nibe
Industrier,
Class
B  (1)
80,711‌
372‌
Saab,
Class
4,393‌
348‌
Sagax,
Class
10,515‌
263‌
T.
ROWE
PRICE
International
Equity
Index
Fund
28
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Sandvik (1)
59,433‌
1,185‌
Securitas,
Class
B  (1)
25,140‌
252‌
Skandinaviska
Enskilda
Banken,
Class
88,435‌
1,158‌
Skanska,
Class
18,629‌
320‌
SKF,
Class
18,052‌
371‌
Svenska
Cellulosa,
Class
B  (1)
32,177‌
472‌
Svenska
Handelsbanken,
Class
81,080‌
695‌
Swedbank,
Class
47,228‌
903‌
Swedish
Orphan
Biovitrum  (2)
9,877‌
255‌
Tele2,
Class
27,098‌
253‌
Telefonaktiebolaget
LM
Ericsson,
Class
B  (1)
162,675‌
825‌
Telia  (1)
124,465‌
285‌
Volvo,
Class
10,706‌
282‌
Volvo,
Class
85,427‌
2,174‌
Volvo
Car  (1)(2)
37,898‌
8‌
Volvo
Car,
Class
B  (1)(2)
37,898‌
118‌
Total
Sweden
(Cost
$21,416)
27,579‌
SWITZERLAND  8.9%
Common
Stocks 8.9% 
ABB 
90,693‌
4,407‌
Adecco
Group 
8,759‌
306‌
Alcon 
28,284‌
2,169‌
Avolta  (2)
5,000‌
189‌
Bachem
Holding  (1)
1,703‌
148‌
Baloise
Holding 
2,405‌
363‌
Banque
Cantonale
Vaudoise 
1,494‌
156‌
Barry
Callebaut 
195‌
315‌
BKW 
1,079‌
160‌
Chocoladefabriken
Lindt
&
Spruengli 
67‌
772‌
Chocoladefabriken
Lindt
&
Spruengli,
Registered
Shares 
6‌
692‌
Cie
Financiere
Richemont 
30,483‌
4,214‌
Clariant 
10,700‌
160‌
EMS-Chemie
Holding 
383‌
306‌
Geberit 
1,861‌
993‌
Givaudan 
523‌
2,237‌
Helvetia
Holding 
2,025‌
265‌
Holcim 
29,509‌
2,470‌
Julius
Baer
Group 
11,403‌
612‌
Kuehne
+
Nagel
International 
3,016‌
797‌
Logitech
International 
9,130‌
711‌
Lonza
Group 
4,215‌
2,327‌
T.
ROWE
PRICE
International
Equity
Index
Fund
29
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Nestle 
151,586‌
15,219‌
Novartis 
116,343‌
11,292‌
Partners
Group
Holding 
1,282‌
1,649‌
Roche
Holding 
1,819‌
479‌
Roche
Holding,
Genusschein 
39,874‌
9,554‌
Sandoz
Group  (2)
22,695‌
771‌
Schindler
Holding 
2,500‌
623‌
Schindler
Holding,
Registered
Shares 
1,238‌
302‌
SGS 
8,318‌
732‌
SIG
Group 
16,755‌
335‌
Sika 
8,630‌
2,455‌
Sonova
Holding 
2,814‌
778‌
Straumann
Holding 
6,207‌
825‌
Swatch
Group  (1)
1,511‌
318‌
Swatch
Group,
Registered
Shares 
2,446‌
101‌
Swiss
Life
Holding 
1,643‌
1,109‌
Swiss
Prime
Site 
4,216‌
389‌
Swiss
Re 
17,067‌
1,855‌
Swisscom 
1,438‌
789‌
Temenos 
3,235‌
201‌
UBS
Group 
186,552‌
4,900‌
VAT
Group 
1,497‌
745‌
Zurich
Insurance
Group 
8,297‌
4,016‌
Total
Switzerland
(Cost
$58,943)
84,206‌
UNITED
ARAB
EMIRATES  0.0%
Common
Stocks 0.0% 
NMC
Health
(GBP)  (2)(3)
3,218‌
—‌
Total
United
Arab
Emirates
(Cost
$125)
—‌
UNITED
KINGDOM  14.6%
Common
Stocks 14.6% 
3i
Group 
55,028‌
1,966‌
abrdn 
101,543‌
185‌
Admiral
Group 
13,869‌
472‌
Anglo
American 
71,812‌
2,347‌
Ashtead
Group 
24,731‌
1,796‌
Associated
British
Foods 
18,839‌
624‌
AstraZeneca 
87,990‌
13,308‌
Auto
Trader
Group 
50,003‌
434‌
Aviva 
152,262‌
884‌
T.
ROWE
PRICE
International
Equity
Index
Fund
30
Shares/Par
$
Value
(Cost
and
value
in
$000s)
BAE
Systems 
171,762‌
2,857‌
Barclays 
857,000‌
2,161‌
Barratt
Developments 
49,922‌
282‌
Berkeley
Group
Holdings 
5,807‌
341‌
BP 
970,976‌
6,259‌
British
American
Tobacco 
114,601‌
3,364‌
BT
Group 
344,769‌
441‌
Bunzl 
18,738‌
719‌
Burberry
Group 
19,138‌
274‌
Centrica 
297,551‌
475‌
Coca-Cola
HBC 
12,077‌
390‌
Compass
Group 
96,764‌
2,691‌
CRH 
39,308‌
3,044‌
Croda
International 
7,437‌
426‌
Diageo 
126,744‌
4,380‌
Endeavour
Mining 
9,416‌
199‌
Entain 
34,020‌
332‌
Experian 
51,992‌
2,097‌
Flutter
Entertainment  (2)
10,015‌
1,855‌
Glencore 
587,487‌
3,418‌
GSK 
233,349‌
4,841‌
Haleon 
334,575‌
1,413‌
Halma 
20,992‌
575‌
Hargreaves
Lansdown 
17,641‌
178‌
Hikma
Pharmaceuticals 
8,475‌
204‌
HSBC
Holdings 
1,087,110‌
9,423‌
Imperial
Brands 
46,541‌
1,063‌
Informa 
76,255‌
755‌
InterContinental
Hotels
Group 
9,186‌
896‌
Intertek
Group 
8,596‌
529‌
J
Sainsbury 
88,279‌
290‌
JD
Sports
Fashion 
131,454‌
188‌
Kingfisher 
98,343‌
303‌
Land
Securities
Group 
37,685‌
305‌
Legal
&
General
Group 
332,668‌
977‌
Lloyds
Banking
Group 
3,597,421‌
2,322‌
London
Stock
Exchange
Group 
23,585‌
2,600‌
M&G 
123,329‌
309‌
Melrose
Industries 
73,580‌
578‌
Mondi 
25,496‌
483‌
National
Grid 
210,648‌
2,763‌
NatWest
Group 
317,191‌
1,197‌
Next 
6,718‌
753‌
T.
ROWE
PRICE
International
Equity
Index
Fund
31
Shares/Par
$
Value
(Cost
and
value
in
$000s)
Ocado
Group  (1)(2)
29,345‌
129‌
Pearson 
33,052‌
401‌
Persimmon 
16,201‌
262‌
Phoenix
Group
Holdings 
38,060‌
232‌
Prudential 
153,363‌
1,334‌
Reckitt
Benckiser
Group 
40,393‌
2,258‌
RELX 
106,895‌
4,392‌
Rentokil
Initial 
140,079‌
707‌
Rio
Tinto 
63,835‌
4,319‌
Rolls-Royce
Holdings  (2)
476,424‌
2,443‌
Sage
Group 
56,658‌
822‌
Schroders 
40,885‌
179‌
Segro 
70,514‌
742‌
Severn
Trent 
14,298‌
441‌
Shell 
369,114‌
13,122‌
Smith
&
Nephew 
48,403‌
586‌
Smiths
Group 
18,509‌
373‌
Spirax-Sarco
Engineering 
3,929‌
432‌
SSE 
60,879‌
1,265‌
St.
James's
Place 
27,802‌
150‌
Standard
Chartered 
126,040‌
1,083‌
Taylor
Wimpey 
185,492‌
304‌
Tesco 
393,413‌
1,453‌
Unilever 
141,862‌
7,339‌
United
Utilities
Group 
36,239‌
472‌
Vodafone
Group 
1,280,914‌
1,080‌
Whitbread 
10,022‌
395‌
Wise,
Class
A  (2)
32,287‌
310‌
WPP 
57,243‌
574‌
Total
United
Kingdom
(Cost
$121,463)
138,565‌
UNITED
STATES  0.0%
Common
Stocks 0.0% 
Wix.com  (2)
2,900‌
345‌
Total
United
States
(Cost
$620)
345‌
SHORT-TERM
INVESTMENTS  1.5%
Money
Market
Funds  1.3%
T.
Rowe
Price
Government
Reserve
Fund,
5.37%  (4)(5)
12,699,989‌
12,700‌
12,700‌
T.
ROWE
PRICE
International
Equity
Index
Fund
32
Shares/Par
$
Value
(Cost
and
value
in
$000s)
U.S.
Treasury
Obligations  0.2%
U.S.
Treasury
Bills,
5.254%,
5/9/24 
1,400,000‌
1,398‌
U.S.
Treasury
Bills,
5.297%,
6/6/24  (6)
240,000‌
239‌
1,637‌
Total
Short-Term
Investments
(Cost
$14,337)
14,337‌
SECURITIES
LENDING
COLLATERAL  3.4%
INVESTMENTS
IN
A
POOLED
ACCOUNT
THROUGH
SECURITIES
LENDING
PROGRAM
WITH
JPMORGAN
CHASE
BANK  3.4%
Money
Market
Funds  3.4%
T.
Rowe
Price
Government
Reserve
Fund,
5.37%  (4)(5)
32,051,983‌
32,052‌
Total
Investments
in
a
Pooled
Account
through
Securities
Lending
Program
with
JPMorgan
Chase
Bank
32,052‌
Total
Securities
Lending
Collateral
(Cost
$32,052)
32,052‌
Total
Investments
in
Securities
102.0%
of
Net
Assets
(Cost
$736,143)
$
965,531‌
Country
classifications
are
generally
based
on
MSCI
categories
or
another
unaffiliated
third
party
data
provider;
Shares/Par
and
Notional
Amount
are
denominated
in
the
currency
of
the
country
presented
unless
otherwise
noted.
(1)
See
Note
4
.
All
or
a
portion
of
this
security
is
on
loan
at
April
30,
2024.
(2)
Non-income
producing
(3)
See
Note
2.
Level
3
in
fair
value
hierarchy.
(4)
Seven-day
yield
(5)
Affiliated
Companies
(6)
At
April
30,
2024,
all
or
a
portion
of
this
security
is
pledged
as
collateral
and/
or
margin
deposit
to
cover
future
funding
obligations.
ADR
American
Depositary
Receipts
AUD
Australian
Dollar
CDI
CHESS
or
CREST
Depositary
Interest
CVA
Dutch
Certificate
(Certificaten
Van
Aandelen)
ETF
Exchange-Traded
Fund
EUR
Euro
GBP
British
Pound
USD
U.S.
Dollar
T.
ROWE
PRICE
International
Equity
Index
Fund
33
FUTURES
CONTRACTS
($000s)
Expiration
Date
Notional
Amount
Value
and
Unrealized
Gain
(Loss)
Long,
195
MSCI
EAFE
Index
contracts
6/24
22,108
$
(432‌)
Net
payments
(receipts)
of
variation
margin
to
date
138‌
Variation
margin
receivable
(payable)
on
open
futures
contracts
$
(294‌)
T.
ROWE
PRICE
International
Equity
Index
Fund
34
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
April
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,
5.37%
$
—‌
$
—‌
$
415‌++
Totals
$
—‌#
$
—‌
$
415‌+
Supplementary
Investment
Schedule
Affiliate
Value
10/31/23
Purchase
Cost
Sales
Cost
Value
04/30/24
T.
Rowe
Price
Government
Reserve
Fund,
5.37%
$
24,898‌
 ¤
  ¤
$
44,752‌
Total
$
44,752‌^
#
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
$415
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
$44,752.
T.
ROWE
PRICE
International
Equity
Index
Fund
April
30,
2024
(Unaudited)
Statement
of
Assets
and
Liabilities
35
($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
$736,143)
$
965,531‌
Receivable
for
shares
sold
5,906‌
Dividends
receivable
3,572‌
Foreign
currency
(cost
$1,775)
1,763‌
Cash
deposits
on
futures
contracts
460‌
Other
assets
2,855‌
Total
assets
980,087‌
Liabilities
Obligation
to
return
securities
lending
collateral
32,052‌
Payable
for
shares
redeemed
420‌
Variation
margin
payable
on
futures
contracts
294‌
Investment
management
fees
payable
70‌
Due
to
affiliates
65‌
Other
liabilities
560‌
Total
liabilities
33,461‌
NET
ASSETS
$
946,626‌
Net
Assets
Consist
of:
Total
distributable
earnings
(loss)
$
188,061‌
Paid-in
capital
applicable
to
59,249,550
shares
of
$0.01
par
value
capital
stock
outstanding;
1,000,000,000
shares
of
the
Corporation
authorized
758,565‌
NET
ASSETS
$
946,626‌
NET
ASSET
VALUE
PER
SHARE
Investor
Class
(Net
assets:
$738,064;
Shares
outstanding:
46,211,038)
$
15.97‌
Z
Class
(Net
assets:
$208,562;
Shares
outstanding:
13,038,512)
$
16.00‌
T.
ROWE
PRICE
International
Equity
Index
Fund
(Unaudited)
Statement
of
Operations
36
($000s)
6
Months
Ended
4/30/24
Investment
Income
(Loss)
Income
Dividend
(net
of
foreign
taxes
of
$1,046)
$
13,848‌
Securities
lending
70‌
    Interest
31‌
Other
3‌
Total
income
13,952‌
Expenses
Investment
management
391‌
Shareholder
servicing
Investor
Class
407‌
Prospectus
and
shareholder
reports
Investor
Class
$
18‌
Z
Class
1‌
19‌
Custody
and
accounting
155‌
Registration
47‌
Legal
and
audit
27‌
Directors
1‌
Miscellaneous
9‌
Waived
/
paid
by
Price
Associates
(114‌)
Total
expenses
942‌
Net
investment
income
13,010‌
T.
ROWE
PRICE
International
Equity
Index
Fund
(Unaudited)
Statement
of
Operations
37
($000s)
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
Ended
4/30/24
Realized
and
Unrealized
Gain
/
Loss
Net
realized
gain
(loss)
Securities
(1,764‌)
Futures
1,465‌
Foreign
currency
transactions
(10‌)
Net
realized
loss
(309‌)
Change
in
net
unrealized
gain
/
loss
Securities
114,238‌
Futures
359‌
Other
assets
and
liabilities
denominated
in
foreign
currencies
(67‌)
Change
in
net
unrealized
gain
/
loss
114,530‌
Net
realized
and
unrealized
gain
/
loss
114,221‌
INCREASE
IN
NET
ASSETS
FROM
OPERATIONS
$
127,231‌
T.
ROWE
PRICE
International
Equity
Index
Fund
(Unaudited)
Statement
of
Changes
in
Net
Assets
38
($000s)
The
accompanying
notes
are
an
integral
part
of
these
financial
statements.
6
Months
Ended
4/30/24
Year
Ended
10/31/23
Increase
(Decrease)
in
Net
Assets
Operations
Net
investment
income
$
13,010‌
$
22,672‌
Net
realized
loss
(309‌)
(26,964‌)
Change
in
net
unrealized
gain
/
loss
114,530‌
91,616‌
Increase
in
net
assets
from
operations
127,231‌
87,324‌
Distributions
to
shareholders
Net
earnings
Investor
Class
(21,024‌)
(15,734‌)
Z
Class
(4,210‌)
(1,357‌)
Decrease
in
net
assets
from
distributions
(25,234‌)
(17,091‌)
Capital
share
transactions
*
Shares
sold
Investor
Class
60,363‌
201,756‌
Z
Class
83,637‌
86,099‌
Distributions
reinvested
Investor
Class
19,807‌
14,854‌
Z
Class
4,210‌
1,357‌
Shares
redeemed
Investor
Class
(58,557‌)
(201,780‌)
Z
Class
(7,411‌)
(13,469‌)
Increase
in
net
assets
from
capital
share
transactions
102,049‌
88,817‌
Net
Assets
Increase
during
period
204,046‌
159,050‌
Beginning
of
period
742,580‌
583,530‌
End
of
period
$
946,626‌
$
742,580‌
*
Share
information
(000s)
Shares
sold
Investor
Class
3,863‌
13,704‌
Z
Class
5,263‌
5,842‌
Distributions
reinvested
Investor
Class
1,291‌
1,059‌
Z
Class
274‌
97‌
Shares
redeemed
Investor
Class
(3,753‌)
(13,566‌)
Z
Class
(475‌)
(922‌)
Increase
in
shares
outstanding
6,463‌
6,214‌
T.
ROWE
PRICE
International
Equity
Index
Fund
Unaudited
NOTES
TO
FINANCIAL
STATEMENTS
39
T.
Rowe
Price
International
Index
Fund,
Inc.
(the
corporation) is
registered
under
the
Investment
Company
Act
of
1940
(the
1940
Act).
The
International
Equity
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
provide
long-term
capital
growth.
The
fund
has two classes
of
shares:
the
International
Equity
Index
Fund
(Investor
Class)
and
the
International
Equity
Index
Fund–Z
Class
(Z
Class).
The
Z
Class
is
only
available
to
funds
advised
by
T.
Rowe
Price
Associates,
Inc.
and
its
affiliates
and
other
clients
that
are
subject
to
a
contractual
fee
for
investment
management
services. Each
class
has
exclusive
voting
rights
on
matters
related
solely
to
that
class;
separate
voting
rights
on
matters
that
relate
to
both
classes;
and,
in
all
other
respects,
the
same
rights
and
obligations
as
the
other
class.
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
T.
ROWE
PRICE
International
Equity
Index
Fund
40
gain
distributions
are
recorded
on
the
ex-dividend
date. 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
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
by
each
class annually. A
capital
gain
distribution,
if
any, may
also
be
declared
and
paid
by
the
fund
annually.
Currency
Translation
 Assets,
including
investments,
and
liabilities
denominated
in
foreign
currencies
are
translated
into
U.S.
dollar
values
each
day
at
the
prevailing
exchange
rate,
using
the
mean
of
the
bid
and
asked
prices
of
such
currencies
against
U.S.
dollars
as
provided
by
an
outside
pricing
service.
Purchases
and
sales
of
securities,
income,
and
expenses
are
translated
into
U.S.
dollars
at
the
prevailing
exchange
rate
on
the
respective
date
of
such
transaction.
The
effect
of
changes
in
foreign
currency
exchange
rates
on
realized
and
unrealized
security
gains
and
losses
is
not
bifurcated
from
the
portion
attributable
to
changes
in
market
prices.
Class
Accounting
Shareholder
servicing,
prospectus,
and
shareholder
report
expenses
incurred
by
each
class
are
charged
directly
to
the
class
to
which
they
relate.
Expenses
common
to
all
classes,
investment
income,
and
realized
and
unrealized
gains
and
losses
are
allocated
to
the
classes
based
upon
the
relative
daily
net
assets
of
each
class.
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.
T.
ROWE
PRICE
International
Equity
Index
Fund
41
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:
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
T.
ROWE
PRICE
International
Equity
Index
Fund
42
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
and
the
last
quoted
sale
or
closing
price
for
international
securities.
The
last
quoted
prices
of
non-U.S.
equity
securities
may
be
adjusted
to
reflect
the
fair
value
of
such
securities
at
the
close
of
the
NYSE,
if
the Valuation
Designee
determines
that
developments
between
the
close
of
a
foreign
market
and
the
close
of
the
NYSE
will
affect
the
value
of
some
or
all
of
the
fund’s portfolio
securities.
Each
business
day,
the
Valuation
Designee uses
information
from
outside
pricing
services
to
evaluate
the
quoted
prices
of
portfolio
securities
and,
if
appropriate,
decide whether
it
is
necessary
to
adjust
quoted
prices
to
reflect
fair
value
by
reviewing
a
variety
of
factors,
including
developments
in
foreign
markets,
the
performance
of
U.S.
securities
markets,
and
the
performance
of
instruments
trading
in
U.S.
markets
that
represent
foreign
securities
and
baskets
of
foreign
securities. The Valuation
Designee
uses
outside
pricing
services
to
provide
it
with
quoted
prices
and
information
to
evaluate
or
adjust
those
prices.
The Valuation
Designee
cannot
predict
how
often
it
will
use
quoted
prices
and
how
often
it
will
determine
it
necessary
to
adjust
those
prices
to
reflect
fair
value.
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
International
Equity
Index
Fund
43
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
International
Equity
Index
Fund
44
Valuation
Inputs
  The
following
table
summarizes
the
fund’s
financial
instruments,
based
on
the
inputs
used
to
determine
their
fair
values
on
April
30,
2024
(for
further
detail
by
category,
please
refer
to
the
accompanying
Portfolio
of
Investments):
NOTE
3
-
DERIVATIVE
INSTRUMENTS 
During
the
six
months ended
April
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
($000s)
Level
1
Level
2
Level
3
Total
Value
Assets
Common
Stocks
$
6,605‌
$
902,534‌
$
—‌
$
909,139‌
Equity
Mutual
Funds
6,022‌
—‌
—‌
6,022‌
Preferred
Stocks
—‌
3,981‌
—‌
3,981‌
Short-Term
Investments
12,700‌
1,637‌
—‌
14,337‌
Securities
Lending
Collateral
32,052‌
—‌
—‌
32,052‌
Total
$
57,379‌
$
908,152‌
$
—‌
$
965,531‌
Liabilities
Futures
Contracts*
$
432‌
$
—‌
$
—‌
$
432‌
*
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
International
Equity
Index
Fund
45
of
derivatives
are
different
from,
and
potentially
much
greater
than,
the
risks
associated
with
investing
directly
in
the
instruments
on
which
the
derivatives
are
based.
The
fund
values
its
derivatives
at
fair
value
and
recognizes
changes
in
fair
value
currently
in
its
results
of
operations.
Accordingly,
the
fund
does
not
follow
hedge
accounting,
even
for
derivatives
employed
as
economic
hedges.
Generally,
the
fund
accounts
for
its
derivatives
on
a
gross
basis.
It
does
not
offset
the
fair
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
April
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
April
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*
*
Liabilities
Equity
derivatives
Futures
$
432‌
Total
$
432‌
*
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
$
1,465‌
Total
$
1,465‌
T.
ROWE
PRICE
International
Equity
Index
Fund
46
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
April
30,
2024, cash
of
$460,000 and
securities
valued
at $239,000 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,
($000s)                                               
Location
of
Gain
(Loss)
on
Statement
of
Operations
Futures
Change
in
Unrealized
Gain
(Loss)
Equity
derivatives
$
359‌
Total
$
359‌
T.
ROWE
PRICE
International
Equity
Index
Fund
47
and
other
contract
terms.
Payments
are
made
or
received
by
the
fund
each
day
to
settle
daily
fluctuations
in
the
value
of
the
contract
(variation
margin),
which
reflect
changes
in
the
value
of
the
underlying
financial
instrument.
Variation
margin
is
recorded
as
unrealized
gain
or
loss
until
the
contract
is
closed.
The
value
of
a
futures
contract
included
in
net
assets
is
the
amount
of
unsettled
variation
margin;
net
variation
margin
receivable
is
reflected
as
an
asset
and
net
variation
margin
payable
is
reflected
as
a
liability
on
the
accompanying
Statement
of
Assets
and
Liabilities.
When
a
contract
is
closed,
a
realized
gain
or
loss
is
recorded
on
the
accompanying
Statement
of
Operations.
Risks
related
to
the
use
of
futures
contracts
include
possible
illiquidity
of
the
futures
markets,
contract
prices
that
can
be
highly
volatile
and
imperfectly
correlated
to
movements
in
hedged
security
values,
and
potential
losses
in
excess
of
the
fund’s
initial
investment.
During
the
six
months ended
April
30,
2024,
the
volume
of
the
fund’s
activity
in
futures,
based
on
underlying
notional
amounts,
was
generally
between
1%
and
3%
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
T.
ROWE
PRICE
International
Equity
Index
Fund
48
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
April
30,
2024,
the
value
of
loaned
securities
was
$24,603,000;
the
value
of
cash
collateral
and
related
investments
was
$32,052,000.
Other 
Purchases
and
sales
of
portfolio
securities
other
than
in-kind
transactions,
if
any,
and short-term securities
aggregated $92,889,000 and
$14,158,000,
respectively,
for
the
six
months ended
April
30,
2024.
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. 
The
fund
intends
to
retain
realized
gains
to
the
extent
of
available
capital
loss
carryforwards.
Net
realized
capital
losses
may
be
carried
forward
indefinitely
to
offset
future
realized
capital
gains.
As
of
October
31,
2023,
the
fund
had
$38,096,000
of
available
capital
loss
carryforwards.
At
April
30,
2024,
the
cost
of
investments
(including
derivatives,
if
any)
for
federal
income
tax
purposes
was
$742,976,000.
Net
unrealized
gain
aggregated
$221,941,000
at
period-end,
of
which
$275,067,000
related
to
appreciated
investments
and
$53,126,000
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
T.
ROWE
PRICE
International
Equity
Index
Fund
49
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.
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 Investor is
subject
to
a
contractual
expense
limitation
through
the
expense
limitation
date
indicated
in
the
table
below.
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
class’s
ratio
of
annualized
total
expenses
to
average
net
assets
(net
expense
ratio)
to
exceed
its
expense
limitation.
The
class
is
required
to
repay
Price
Associates
for
expenses
previously
waived/paid
to
the
extent
the
class’s
net
assets
grow
or
expenses
decline
sufficiently
to
allow
repayment
without
causing
the
class’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
class’s
current
expense
limitation.
However,
no
repayment
will
be
made
more
than
three
years
after
the
date
of
a
payment
or
waiver.
The
Z
Class
is
also
subject
to
a
contractual
expense
limitation
agreement
whereby
Price
Associates
has
agreed
to
waive
and/or
bear
all
of
the
Z
Class’
expenses
(excluding
interest;
expenses
related
to
borrowings,
taxes,
and
T.
ROWE
PRICE
International
Equity
Index
Fund
50
brokerage;
non-recurring,
extraordinary
expenses;
and
acquired
fund
fees
and
expenses)
in
their
entirety.
This
fee
waiver
and/or
expense
reimbursement
arrangement
is
expected
to
remain
in
place
indefinitely,
and
the
agreement
may
only
be
amended
or
terminated
with
approval
by
the
fund’s
Board.
Expenses
of
the
fund
waived/paid
by
the
manager
are
not
subject
to
later
repayment
by
the
fund.
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
class’s
ratio
of
annualized
total
expenses
to
average
net
assets
(net
expense
ratio)
to
exceed
0.45%.
The
agreement
may
only
be
terminated
with
approval
by
the
fund’s
shareholders.
Each
class
is
required
to
repay
Price
Associates
for
expenses
previously
waived/paid
to
the
extent
the
class’s
net
assets
grow
or
expenses
decline
sufficiently
to
allow
repayment
without
causing
the
class’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
class’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
during
the six
months
ended April
30,
2024.
Pursuant
to
this
agreement,
expenses
were waived/paid
by
and/or
repaid
to
Price
Associates
during
the six
months
ended April
30,
2024 as
indicated
in
the
table
below.
At
April
30,
2024,
there
were
no
amounts
subject
to
repayment
by
the
fund.
Any
repayment
of
expenses
previously
waived/paid
by
Price
Associates
during
the
period
would
be
included
in
the
net
investment
income
and
expense
ratios
presented
on
the
accompanying
Financial
Highlights.
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
Investor
Class
Z
Class
Expense
limitation/I
Class
Limit
0.31%
0.00%
Expense
limitation
date
02/28/26
N/A
(Waived)/repaid
during
the
period
($000s)
$—
$(114)
T.
ROWE
PRICE
International
Equity
Index
Fund
51
and
dividend-disbursing
agent.
T.
Rowe
Price
Retirement
Plan
Services,
Inc.
provides
subaccounting
and
recordkeeping
services
for
certain
retirement
accounts
invested
in
the
Investor
Class.
For
the
six
months
ended
April
30,
2024,
expenses
incurred
pursuant
to
these
service
agreements
were
$55,000
for
Price
Associates;
$204,000
for
T.
Rowe
Price
Services,
Inc.;
and
$57,000
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).
Additionally,
the
fund
is
one
of
several
mutual
funds
in
which
certain
college
savings
plans
managed
by
Price
Associates invests.
As
approved
by
the
fund’s
Board
of
Directors,
shareholder
servicing
costs
associated
with
each
college
savings
plan
are
borne
by
the
fund
in
proportion
to
the
average
daily
value
of
its
shares
owned
by
the
college
savings
plan.
Price
has
agreed
to waive/reimburse
shareholder
servicing
costs in
excess
of
0.05%
of
the
fund’s
average
daily
value
of
its
shares
owned
by
the
college
savings
plan.
Any
amounts
waived/
paid
by
Price
under
this
voluntary
agreement
are
not
subject
to
repayment
by
the
fund.
Price
may
amend
or
terminate
this
voluntary
arrangement
at
any
time
without
prior
notice.
For
the
six
months ended
April
30,
2024,
the
fund
was
charged $33,000 for
shareholder
servicing
costs
related
to
the
college
savings
plans, of
which
$25,000
was
for
services
provided
by
Price.
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. At
April
30,
2024,
approximately
18%
of
the
outstanding
shares
of
the
Investor
Class
were
held
by
college
savings
plans.
Mutual
funds,
trusts,
and
other
accounts
managed
by
Price
Associates
or
its
affiliates
(collectively,
Price
Funds
and
accounts)
may
invest
in
the
fund.
No
Price
fund
or
account
may
invest
for
the
purpose
of
exercising
management
or
control
over
the
fund.
At
April
30,
2024, 100%
of
the
Z
Class's
outstanding
shares
were
held
by
Price
Funds
and
accounts.
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
T.
ROWE
PRICE
International
Equity
Index
Fund
52
options
to
mutual
funds,
trusts,
and
other
accounts
managed
by
Price
Associates
or
its
affiliates
and
are
not
available
for
direct
purchase
by
members
of
the
public.
Cash
collateral
from
securities
lending,
if
any,
is
invested
in
the
T.
Rowe
Price
Government
Reserve Fund. The
Price
Reserve
Funds
pay
no
investment
management
fees.
The
fund may
participate
in
securities
purchase
and
sale
transactions
with
other
funds
or
accounts
advised
by
Price
Associates
(cross
trades),
in
accordance
with
procedures
adopted
by the
fund’s
Board
and
Securities
and
Exchange
Commission
rules,
which
require,
among
other
things,
that
such
purchase
and
sale
cross
trades
be
effected
at
the
independent
current
market
price
of
the
security.
During
the
six
months
ended
April
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
International
Equity
Index
Fund
53
INFORMATION
ON
PROXY
VOTING
POLICIES,
PROCEDURES,
AND
RECORDS
A
description
of
the
policies
and
procedures
used
by
T.
Rowe
Price
funds
to
determine
how
to
vote
proxies
relating
to
portfolio
securities
is
available
in
each
fund’s
Statement
of
Additional
Information.
You
may
request
this
document
by
calling
1-800-225-5132
or
by
accessing
the
SEC’s
website,
sec.gov.
The
description
of
our
proxy
voting
policies
and
procedures
is
also
available
on
our
corporate
website.
To
access
it,
please
visit
the
following
Web
page:
https://www.troweprice.com/corporate/us/en/utility/policies.html
Scroll
down
to
the
section
near
the
bottom
of
the
page
that
says,
“Proxy
Voting
Guidelines.”
Click
on
the
links
in
the
shaded
box.
Each
fund’s
most
recent
annual
proxy
voting
record
is
available
on
our
website
and
through
the
SEC’s
website.
To
access
it
through
T.
Rowe
Price,
visit
the
website
location
shown
above,
and
scroll
down
to
the
section
near
the
bottom
of
the
page
that
says,
“Proxy
Voting
Records.”
Click
on
the
Proxy
Voting
Records
link
in
the
shaded
box.
HOW
TO
OBTAIN
QUARTERLY
PORTFOLIO
HOLDINGS
The
fund
files
a
complete
schedule
of
portfolio
holdings
with
the
Securities
and
Exchange
Commission
(SEC)
for
the
first
and
third
quarters
of
each
fiscal
year
as
an
exhibit
to
its
reports
on
Form
N-PORT.
The
fund’s
reports
on
Form
N-PORT
are
available
electronically
on
the
SEC’s
website
(sec.gov).
In
addition,
most
T.
Rowe
Price
funds
disclose
their
first
and
third
fiscal
quarter-end
holdings
on
troweprice.
com
.
TAILORED
SHAREHOLDER
REPORTS
FOR
MUTUAL
FUNDS
AND
EXCHANGE
TRADED
FUNDS
In
October
2022,
the
Securities
and
Exchange
Commission
(SEC)
adopted
rule
and
form
amendments
requiring
Mutual
Funds
and
Exchange-Traded
Funds
to
transmit
concise
and
visually
engaging
streamlined
annual
and
semiannual
reports
that
highlight
key
information
to
shareholders.
Other
information,
including
financial
statements,
will
no
longer
appear
in
the
funds’
shareholder
reports
but
will
be
available
online,
delivered
free
of
charge
upon
request,
and
filed
on
a
semiannual
basis
on
Form
N-CSR.
The
rule
and
form
amendments
have
a
compliance
date
of
July
24,
2024.
T.
ROWE
PRICE
International
Equity
Index
Fund
54
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
International
Equity
Index
Fund
55
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
returns
of
the
fund’s
Investor
Class
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
International
Equity
Index
Fund
56
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.
The
fund
also
offers
a
Z
Class,
which
serves
as
an
underlying
investment
within
certain
T.
Rowe
Price
fund
of
funds
arrangements.
The
Adviser
waives
its
advisory
fee
on
the
Z
Class
and
waives
or
bears
the
Z
Class’s
other
operating
expenses,
with
certain
exceptions.
The
Board
considered
whether
the
advisory
fee
and
operating
expense
waivers
on
the
Z
Class
may
present
a
means
for
cross-
subsidization
of
the
Z
Class
by
other
share
classes
of
the
fund.
In
that
regard,
the
Board
noted
that
the
Z
Class
operating
expenses
are
largely
covered
by
the
all-inclusive
fees
charged
by
the
investing
T.
Rowe
Price
fund
of
funds
and
that
any
Z
Class
operating
expenses
not
covered
by
the
investing
T.
Rowe
Price
fund
of
funds’
fees
are
paid
by
the
Adviser
and
not
by
shareholders
of
any
other
share
class
of
the
fund.
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.
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
T.
ROWE
PRICE
International
Equity
Index
Fund
57
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
Investor
Class
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
Investor
Class
of
the
fund
with
a
broader
set
of
funds
within
the
Lipper
investment
classification
(Expense
Universe).
The
Board
considered
the
fund’s
contractual
management
fee
rate,
actual
management
fee
rate
(which
reflects
the
management
fees
actually
received
from
the
fund
by
the
Adviser
after
any
applicable
waivers,
reductions,
or
reimbursements),
operating
expenses,
and
total
expenses
(which
reflect
the
net
total
expense
ratio
of
the
fund
after
any
waivers,
reductions,
or
reimbursements)
in
comparison
with
the
information
for
the
Broadridge
peer
groups.
Broadridge
generally
constructed
the
peer
groups
by
seeking
the
most
comparable
funds
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
first
quintile
(Expense
Group),
the
fund’s
actual
management
fee
rate
ranked
in
the
first
quintile
(Expense
Group)
and
third
quintile
(Expense
Universe),
and
the
fund’s
total
expenses
ranked
in
the
second
quintile
(Expense
Group)
and
fourth
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
APPROVAL
OF
INVESTMENT
MANAGEMENT
AGREEMENT
AND
SUBADVISORY
AGREEMENT
(continued)
T.
ROWE
PRICE
International
Equity
Index
Fund
58
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
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.
F135-051
6/24


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 1 of this Form N-CSR.

(b) Not applicable.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10. 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 11. 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 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.

Not applicable.

Item 13. 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)    

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.

(3)    

Written solicitation to repurchase securities issued by closed-end companies: not applicable.

(b)       

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

 


SIGNATURES

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

 

T. Rowe Price International Index Fund, Inc.
By  

/s/ David Oestreicher

     
  David Oestreicher  
  Principal Executive Officer  
Date    June 17, 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   

June 17, 2024

 

 

By  

/s/ Alan S. Dupski

     
  Alan S. Dupski  
  Principal Financial Officer  
Date   

June 17, 2024

 
 
EX-99.CERT 2 d819203dex99cert.htm 302 CERTIFICATIONS 302 CERTIFICATIONS

Item 13. (a)(2)

CERTIFICATIONS

I, David Oestreicher, certify that:

 

1.

I have reviewed this report on Form N-CSR of T. Rowe Price International Equity Index Fund;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

 

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

Disclosed in this report any 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; and

 

5.

The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: June 17, 2024      

/s/ David Oestreicher

      David Oestreicher
      Principal Executive Officer


CERTIFICATIONS

I, Alan S. Dupski, certify that:

 

1.

I have reviewed this report on Form N-CSR of T. Rowe Price International Equity Index Fund;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

 

4.

The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

  (a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

  (b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

  (c)

Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

 

  (d)

Disclosed in this report any 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; and

 

5.

The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

 

  (b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: June 17, 2024      

/s/ Alan S. Dupski

      Alan S. Dupski
      Principal Financial Officer
EX-99.906CE 3 d819203dex99906ce.htm 906 CERTIFICATIONS 906 CERTIFICATIONS

Item 13. (b)

CERTIFICATION UNDER SECTION 906 OF SARBANES-OXLEY ACT OF 2002

Name of Issuer: T. Rowe Price International Equity Index Fund

In connection with the Report on Form N-CSR for the above named Issuer, the undersigned hereby certifies, to the best of his knowledge, that:

 

  1.

The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934;

 

  2.

The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Issuer.

 

  Date: June 17, 2024      

/s/ David Oestreicher

        David Oestreicher
        Principal Executive Officer
  Date: June 17, 2024      

/s/ Alan S. Dupski

        Alan S. Dupski
        Principal Financial Officer