N-Q 1 indnq.htm N-Q~INDEX TRUST, INC. T. Rowe Price Index Trust, Inc. - 3/31/08 NQ

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number: 811-5986

     T. Rowe Price Index Trust, Inc. (Exact name of registrant as specified in charter)

100 East Pratt Street, Baltimore, MD 21202 (Address of principal executive offices)

David Oestreicher

100 East Pratt Street, Baltimore, MD 21202 (Name and address of agent for service)

Registrant’s telephone number, including area code: (410) 345-2000 Date of fiscal year end: December 31 Date of reporting period: March 31, 2008

ITEM 1. SCHEDULE OF INVESTMENTS
T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND    
Unaudited    March 31, 2008 
Portfolio of Investments ‡  Shares/$ Par  Value 
(Cost and value in $000s)     
 
COMMON STOCKS 96.6%     
 
CONSUMER DISCRETIONARY 12.7%     
 
Auto Components 0.8%     
Aftermarket Technology (1)  2,900  56 
American Axle & Manufacturing  5,830  120 
Amerigon (1)(2)  5,300  78 
Arvinmeritor (2)  10,055  126 
Borg-Warner  14,540  626 
Cooper Tire  6,700  100 
Drew Industries (1)(2)  3,000  73 
Exide Technologies (1)(2)  5,200  68 
Gentex (2)  15,860  272 
Lear (1)  11,050  286 
Modine Manufacturing (2)  4,000  58 
Noble International (2)  4,300  27 
Raser Technologies (1)(2)  8,200  70 
Sauer-Danfoss (2)  4,050  90 
Shiloh Industries (2)  6,700  75 
Spartan Motors (2)  1,600  14 
Standard Motor Products  3,750  23 
Stoneridge (1)  3,000  40 
Superior Industries International (2)  2,100  44 
Tenneco (1)  5,850  164 
TRW (1)  7,610  178 
Visteon (1)(2)  22,400  84 
WABCO Holdings  7,000  319 
    2,991 
Automobiles 0.1%     
Coachmen Industries (2)  4,700  14 
Fleetwood (1)(2)  12,903  59 
Monaco Coach (2)  4,250  40 
Thor Industries (2)  5,900  176 
Winnebago (2)  4,120  70 
    359 
Distributors 0.1%     
Audiovox, Class A (1)(2)  3,864  41 
Handleman (1)(2)  2,300  1 
LKQ Corporation (1)  14,400  323 
Source Interlink (1)(2)  7,700  15 
    380 
Diversified Consumer Services 0.8%     
Bright Horizons Family Solutions (1)  3,020  130 
Career Education (1)(2)  11,991  152 
Carriage Services (1)  13,600  106 
Coinstar (1)(2)  4,150  117 
Corinthian Colleges (1)(2)  11,867  86 
DeVry  7,300  305 
Investools (1)(2)  8,900  98 
ITT Educational Services (1)(2)  3,940  181 
Jackson Hewitt Tax Service (2)  3,600  41 
Matthews International, Class A  3,000  145 
Prepaid Legal Services (1)  1,800  76 
Regis  4,400  121 
Service Corporation International  34,731  352 
Sotheby's  7,913  229 
Stewart Enterprises, Class A (2)  13,160  84 
Strayer Education (2)  1,750  267 
The Princeton Review (1)(2)  7,600  60 
Universal Technical Institute (1)(2)  3,800  45 
Weight Watchers (2)  8,300  385 
    2,980 
Hotels, Restaurants & Leisure 2.6%     
Ameristar Casinos (2)  6,700  122 
Bally Technologies (1)  7,250  249 
BJ's Restaurants (1)(2)  4,033  58 
Bluegreen (1)(2)  3,700  25 
Bob Evans Farms (2)  5,200  143 
Boyd Gaming (2)  5,769  115 
Brinker  12,779  237 
BUCA (1)(2)  6,800  4 
Buffalo Wild Wings (1)(2)  500  12 
Burger King  10,500  290 
California Pizza Kitchen (1)  4,550  60 
CEC Entertainment (1)  3,592  104 
Chipotle Mexican Grill (1)(2)  5,700  647 
Choice Hotels International  6,900  235 
Churchill Downs  1,800  85 
CKR Restaurants (2)  7,650  86 
Cracker Barrel  2,900  104 
Domino's Pizza (2)  6,364  86 
Dover Downs Gaming and Entertainment (2)  5,367  46 
Dover Motorsports  3,163  19 
Empire Resorts (1)(2)  17,050  23 
Famous Dave's of America (1)  4,400  42 
Frisch's Restaurants  3,100  71 
Gaming Partners International (1)(2)  9,300  64 
Gaylord Entertainment (1)(2)  4,800  145 
IHOP (2)  2,100  101 
International Speedway, Class A  4,675  193 
Isle of Capris Casinos (1)(2)  3,480  25 
Jack In The Box (1)  7,200  193 
Landry's Seafood Restaurant (2)  1,900  31 
Las Vegas Sands (1)(2)  13,648  1,005 
Life Time Fitness (1)(2)  4,400  137 
Marcus (2)  3,950  76 
MGM Mirage (1)  15,297  899 
MTR Gaming Group (1)(2)  3,600  25 
Multimedia Games (1)(2)  4,800  26 
O’Charley's (2)  6,900  79 
Panera Bread, Class A (1)(2)  3,900  163 
Papa John's International (1)  2,920  71 
Peet's Coffee & Tea (1)(2)  3,900  92 
Penn National Gaming (1)  9,300  407 
PF Chang s China Bistro (1)(2)  3,640  104 
Pinnacle Entertainment (1)(2)  18,400  236 
Red Robin Gourmet Burgers (1)(2)  2,750  103 
Royal Caribbean Cruises (2)  12,221  402 
Ruby Tuesday (2)  5,700  43 
Scientific Games, Class A (1)(2)  8,930  189 
Shuffle Master (1)  5,700  30 
Six Flags (1)(2)  19,050  31 
Sonic (1)(2)  6,250  138 
Speedway Motorsports  2,620  66 
Steak 'n Shake (1)(2)  4,400  35 
Texas Roadhouse, Class A (1)(2)  8,900  87 
The Cheesecake Factory (1)(2)  9,940  217 
Triarc, Class B (2)  10,040  69 
Vail Resorts (1)(2)  3,600  174 
WMS Industries (1)(2)  4,695  169 
Wynn Resorts  7,045  709 
    9,397 
Household Durables 1.1%     
American Greetings, Class A (2)  5,350  99 
Avatar Holdings (1)(2)  1,200  52 
Beazer Homes (2)  8,070  76 
Blyth  3,750  74 
Brookfield Homes (2)  2,232  38 
Champion Enterprises (1)(2)  11,809  119 
CSS Industries  1,900  66 
Ethan Allen Interiors (2)  3,100  88 
Furniture Brands International (2)  7,530  88 
Hovnanian Enterprises (1)(2)  5,930  63 
iRobot (1)(2)  4,600  79 
Jarden (1)(2)  7,713  168 
La-Z-Boy (2)  8,150  68 
Lenox Group (1)(2)  8,645  15 
Levitt, Class A (1)(2)  9,712  19 
Libbey  3,700  62 
M/i Homes (2)  5,070  86 
MDC Holdings (2)  4,291  188 
Mohawk Industries (1)(2)  6,754  484 
National Presto (1)(2)  1,300  68 
NVR (1)  813  486 
Orleans Homebuilders (2)  4,400  25 
Palm Harbor Homes (1)(2)  10,100  53 
Russ Berrie (1)(2)  3,700  52 
Ryland Group  5,546  182 
Sealy (2)  8,100  62 
Standard Pacific (2)  10,100  49 
Stanley Furniture (2)  1,200  15 
Tempur-Pedic (2)  18,750  206 
Toll Brothers (1)(2)  18,220  428 
Tupperware Brands  7,620  295 
Universal Electronics (1)(2)  2,500  61 
WCI Communities (1)(2)  6,400  21 
    3,935 
Internet & Catalog Retail 0.4%     
1-800-Flowers.com (1)  7,868  67 
Blue Nile (1)(2)  2,800  151 
Celebrate Express  6,100  32 
Drugstore.com (1)(2)  9,350  21 
GSI Commerce (1)(2)  4,700  62 
Hollywood Media (1)(2)  4,500  11 
Netflix (1)(2)  7,800  270 
Nutri/System (1)(2)  5,100  77 
Overstock.com (1)(2)  4,300  51 
priceline.com (1)(2)  5,500  665 
ValueVision Media (1)(2)  21,620  120 
    1,527 
Leisure Equipment & Products 0.3%     
Arctic Cat (2)  14,337  104 
Callaway Golf  8,350  123 
JAKKS Pacific (1)(2)  4,000  110 
Johnson Outdoors, Class A (2)  3,000  51 
Marine Products (2)  7,100  57 
MarineMax (1)(2)  2,560  32 
Nautilus Group (2)  6,337  21 
Polaris Industries (2)  5,870  241 
Pool (2)  6,177  117 
RC2 Corporation (1)  2,200  46 
Steinway Musical Instruments (1)(2)  1,300  37 
Sturm Ruger and Company (1)(2)  4,700  39 
    978 
Media 2.7%     
4Kids Entertainment (1)(2)  7,450  73 
AH Belo (1)  1,476  17 
Alloy (1)  3,525  26 
Arbitron (2)  4,120  178 
Beasley Broadcast Group, Class A (2)  6,100  22 
Belo, Class A  7,380  78 
Cablevision, Class A (1)  30,259  648 
CKX (1)(2)  2,600  25 
Clear Channel Outdoor, Class A (1)(2)  4,100  78 
Cox Radio, Class A (1)(2)  6,650  79 
Cumulus Media, Class A (1)(2)  7,505  48 
Discovery Holding, Class A (1)  35,071  744 
DISH Network, Class A (1)  27,220  782 
DreamWorks Animation, Class A (1)  6,600  170 
Emmis Communications (1)(2)  7,260  25 
Entercom Communications  3,450  34 
Entravision Communications, Class A (1)  11,744  78 
Fisher Communications (1)(2)  2,750  86 
Getty Images (1)  6,700  214 
Harris Interactive (1)(2)  7,100  19 
Harte-Hanks  5,450  75 
Hearst-Argyle Television (2)  5,591  115 
Idearc (2)  22,600  82 
Interactive Data  9,100  259 
John Wiley & Sons  4,070  162 
Journal Communications, Class A  6,900  51 
Knology (1)  1,700  22 
Lamar Advertising (1)(2)  10,792  388 
Lee Enterprises (2)  4,250  43 
Liberty Global (1)(2)  51,334  1,749 
Liberty Global, Series C (1)  700  23 
LIN TV, Class A (1)(2)  5,040  48 
Live Nation (1)(2)  7,900  96 
LodgeNet Interactive (1)(2)  7,900  48 
Martha Stewart Living, Class A (1)(2)  9,819  73 
Marvel Entertainment (1)(2)  8,814  236 
McClatchy (2)  3,800  41 
Media General, Class A (2)  2,050  29 
Mediacom Communications (1)(2)  13,000  56 
Morningstar (1)(2)  3,700  227 
National Cinemedia  5,000  112 
Navarre (1)(2)  3,150  6 
Nexstar Broadcasting (1)(2)  8,700  51 
Playboy Enterprises, Class B (1)(2)  5,100  43 
R.H. Donnelley (1)(2)  9,409  48 
RCN (2)  1,900  21 
Regal Entertainment Group, Class A  10,390  200 
Regent Communications (1)  6,450  8 
Rentrak (1)  7,200  87 
Salem Communications, Class A  12,350  50 
Scholastic (1)(2)  2,620  79 
Sinclair Broadcasting, Class A (2)  11,210  100 
Sirius Satellite Radio (1)(2)  173,010  495 
Spanish Broadcasting, Class A (1)(2)  7,850  14 
Time Warner Cable, Class A (1)  19,600  490 
Valassis Communications (1)(2)  6,400  69 
World Wrestling Entertainment  9,300  173 
XM Satellite Radio, Class A (1)  41,677  484 
    9,777 
Multiline Retail 0.2%     
99 Cents Only Stores (1)(2)  6,665  66 
Bon-Ton Stores (2)  4,100  22 
Dollar Tree (1)  11,504  317 
Fred's (2)  5,915  61 
Retail Ventures (1)(2)  6,800  33 
Saks (1)(2)  20,175  252 
Tuesday Morning (1)(2)  3,900  20 
    771 
Specialty Retail 2.7%     
Aaron Rents  5,390  116 
AC Moore Arts & Crafts (1)  2,660  18 
Advance Auto Parts  13,385  456 
Aeropostale (1)  8,707  236 
American Eagle Outfitters  29,880  523 
AnnTaylor Stores (1)  8,675  210 
Asbury Automotive Group (2)  4,140  57 
Barnes & Noble (2)  5,884  180 
Big 5 Sporting Goods (2)  9,200  81 
Blockbuster, Class A (1)(2)  26,607  87 
Borders Group (2)  7,600  45 
Brown Shoe (2)  5,130  77 
Buckle (2)  3,675  164 
Build-A-Bear Workshop (1)(2)  4,800  44 
Cabela's, Class A (1)(2)  5,741  81 
CarMax (1)(2)  29,128  566 
Cato, Class A  3,350  50 
Charlotte Russe Holding (1)  3,900  68 
Charming Shoppes (1)(2)  12,520  60 
Chico's (1)  21,300  151 
Christopher & Banks (2)  4,692  47 
Coldwater Creek (1)(2)  9,164  46 
Collective Brands (1)(2)  6,915  84 
Cost Plus (1)(2)  8,700  29 
CSK Auto (1)(2)  5,800  54 
Dick's Sporting Goods (1)(2)  13,500  362 
Dress Barn (1)(2)  4,800  62 
DSW, Class A (1)(2)  3,900  50 
E Com Ventures (1)(2)  1,600  24 
Foot Locker  21,317  251 
Franklin Covey (1)  6,800  51 
Gander Mountain (1)(2)  11,600  71 
Genesco (1)(2)  2,100  49 
Group One Automotive (2)  3,000  70 
Guess ? (2)  8,120  329 
Gymboree (1)  3,520  140 
Haverty Furniture (2)  2,150  23 
Hibbett Sports (1)(2)  2,718  42 
Hot Topic (1)  7,600  33 
J. Crew (1)(2)  5,600  247 
Jo-Ann Stores (1)(2)  3,960  58 
Jos. A. Bank Clothiers (1)(2)  2,537  52 
Lithia Motors, Class A (2)  1,700  17 
Men's Wearhouse  6,750  157 
Midas (1)(2)  3,000  52 
Monro Muffler Brake  2,700  46 
New York & Company (1)(2)  6,900  40 
NexCen Brands (1)(2)  10,150  35 
O'Reilly Automotive (1)  14,900  425 
Pacific Sunwear (1)  8,125  102 
Penske Auto (2)  7,016  137 
Pep Boys (2)  6,170  61 
PetSmart  14,820  303 
Pomeroy IT Solutions (1)  5,100  28 
Rent-A-Center (1)  7,200  132 
Restoration Hardware (1)  18,400  80 
Rex Stores (1)  1,650  32 
Ross Stores  18,402  551 
Sally Beauty Supply (1)(2)  12,000  83 
Sharper Image (1)(2)  3,770  1 
Shoe Carnival (1)(2)  1,400  19 
Sonic Automotive (2)  2,820  58 
Stage Stores  9,770  158 
Stein Mart (2)  4,730  27 
Syms (2)  2,800  34 
Talbots (2)  3,650  39 
The Children's Place (1)  3,550  87 
The Finish Line, Class A (2)  8,640  41 
Trans World Entertainment (1)  5,050  19 
TSC (1)(2)  4,110  162 
Tween Brands (1)(2)  3,320  82 
Urban Outfitters (1)  14,682  460 
West Marine (1)(2)  2,900  20 
Wet Seal, Class A (1)  12,275  42 
Williams-Sonoma (2)  13,900  337 
Zale (1)(2)  5,900  117 
Zumiez (1)(2)  3,300  52 
    9,480 
Textiles, Apparel & Luxury Goods 0.9%     
Carters (1)  7,000  113 
Charles & Colvard (2)  7,768  10 
Cherokee (2)  2,000  67 
Columbia Sportswear (2)  2,681  118 
Crocs (1)(2)  11,600  203 
Deckers Outdoor (1)(2)  2,000  216 
Fossil (1)(2)  5,237  160 
Hanesbrands (1)  11,200  327 
Iconix Brand Group (1)  8,449  147 
K-Swiss, Class A (2)  3,100  49 
Kenneth Cole Productions (2)  2,950  50 
Lakeland Industries (1)  6,780  79 
Movado Group  3,500  68 
Oxford Industries (2)  1,470  33 
Phillips-Van Heusen  6,800  258 
Quiksilver (1)  14,700  144 
Skechers U.S.A., Class A (1)  3,600  73 
Steven Madden (1)  2,800  48 
Tandy Brands (2)  7,700  37 
Timberland, Class A (1)(2)  6,200  85 
Under Armour (1)(2)  4,300  157 
Unifi (1)(2)  6,200  18 
UniFirst  1,700  63 
Volcom (1)(2)  2,100  43 
Warnaco Group (1)  5,600  221 
Weyco Group (2)  2,600  77 
Wolverine World Wide  5,150  149 
    3,013 
 
Total Consumer Discretionary    45,588 
CONSUMER STAPLES 3.1%     
 
Beverages 0.2%     
Coca-Cola Bottling  1,850  114 
Hansen Natural (1)(2)  8,700  307 
MGP Ingredients (2)  4,200  29 
National Beverage  6,048  46 
PepsiAmericas  10,399  266 
Willamette Valley Vineyards (1)(2)  6,730  49 
    811 
Food & Staples Retailing 0.5%     
Andersons (2)  700  31 
Arden Group, Class A (2)  800  115 
BJ's Wholesale Club (1)  7,600  271 
Casey's General Stores  5,600  127 
Great Atlantic & Pacific Tea (1)  5,068  133 
Longs Drug Stores  2,600  110 
Nash Finch (2)  2,600  88 
Performance Food Group (1)  3,403  111 
PriceSmart (2)  4,100  114 
Rite Aid (1)(2)  85,650  252 
Ruddick  5,700  210 
Spartan Stores  900  19 
The Pantry (1)  2,800  59 
United Natural Foods (1)(2)  5,200  97 
Weis Markets  4,150  143 
Winn-Dixie Stores (1)(2)  3,100  56 
    1,936 
Food Products 1.5%     
Alico (2)  2,000  88 
Bunge Limited (2)  15,002  1,303 
Chiquita (1)(2)  8,319  192 
Corn Products International  7,900  293 
Cuisine Solutions (1)  4,500  13 
Darling International (1)  5,200  67 
Del Monte Foods  20,401  194 
Farmer Bros. (2)  5,400  125 
Flowers Foods  8,460  209 
Green Mountain Coffee (1)(2)  3,300  105 
Hain Celestial Group (1)(2)  3,700  109 
Hormel Foods  10,819  451 
J & J Snack Foods  3,040  84 
J.M. Smucker  8,629  437 
Lancaster Colony  3,100  124 
Lance (2)  4,710  92 
Lifeway Foods (1)(2)  5,600  60 
Maui Land & Pineapple (1)(2)  1,600  51 
Pilgrim's Pride (2)  5,515  112 
Ralcorp Holdings (1)  2,670  155 
Rocky Mountain Chocolate Factory (2)  5,384  68 
Sanderson Farms (2)  2,040  78 
Seaboard (2)  119  186 
Smithfield Foods (1)  13,689  353 
Tootsie Roll Industries (2)  5,038  127 
Treehouse Foods (1)  3,943  90 
Zapata Corporation (1)  6,300  44 
    5,210 
Household Products 0.4%     
Central Garden & Pet, Class A (1)(2)  9,700  43 
Church & Dwight  6,625  359 
Energizer (1)  7,950  719 
Oil-Dri  6,950  124 
WD-40  1,850  62 
    1,307 
Personal Products 0.4%     
Alberto Culver  10,900  299 
Bare Escentuals (1)(2)  6,700  157 
Chattem (1)(2)  2,500  166 
Elizabeth Arden (1)(2)  4,250  85 
Inter Parfums (2)  3,800  84 
Mannatech (2)  31,200  222 
NBTY (1)  6,660  200 
Nu Skin Enterprises, Class A  6,000  108 
Prestige Brands (1)(2)  5,300  43 
Reliv International (2)  4,700  31 
Usana Health Sciences (1)(2)  2,650  58 
    1,453 
Tobacco 0.1%     
Alliance One International (1)  13,934  84 
Star Scientific (1)(2)  6,900  11 
Universal Corporation (2)  2,740  180 
Vector Group (2)  7,357  129 
    404 
 
Total Consumer Staples    11,121 
ENERGY 8.7%     
 
Energy Equipment & Services 3.3%     
Allis-Chalmers Energy (1)(2)  1,800  25 
Atwood Oceanics (1)  4,200  385 
Basic Energy Services (1)(2)  3,400  75 
Bristow Group (1)(2)  2,880  155 
Cal Dive International (1)  3,625  38 
Carbo Ceramics (2)  2,875  115 
Complete Production Services (1)  6,200  142 
Dawson Geophysical (1)(2)  2,300  155 
Diamond Offshore Drilling (2)  9,700  1,129 
Dresser-Rand Group (1)  10,900  335 
Dril-Quip (1)  4,400  204 
Englobal (1)  4,500  38 
Exterran (1)(2)  10,247  661 
FMC Technologies (1)  16,000  910 
Global Industries (1)  13,170  212 
Grant Prideco (1)  15,477  762 
Grey Wolf (1)(2)  22,200  150 
Gulf Island Fabrication  3,800  109 
Gulfmark Offshore (1)(2)  3,300  181 
Helix Energy Solutions Group (1)  11,807  372 
Helmerich & Payne  12,020  563 
Hercules Offshore (1)  10,931  275 
Hornbeck Offshore Services (1)(2)  1,700  78 
ION Geophysical (1)(2)  11,200  155 
Matrix Service (1)  4,700  81 
NATCO Group, Class A (1)  3,100  145 
Newpark Resources (1)(2)  15,100  77 
Oceaneering International (1)  7,500  472 
Oil States International (1)  7,230  324 
Omni Energy Services (1)(2)  21,800  81 
OYO Geospace (1)(2)  1,400  64 
Parker Drilling (1)(2)  14,000  90 
Patterson-UTI Energy (2)  18,037  472 
Pioneer Drilling (1)(2)  2,000  32 
Pride International (1)  21,680  758 
RPC (2)  4,000  61 
Seacor (1)(2)  3,150  269 
Sulphco (1)(2)  3,200  13 
Superior Energy (1)  9,950  394 
Superior Well Services (1)(2)  4,800  105 
TETRA Technologies (1)  8,874  141 
Tidewater (2)  6,474  357 
Union Drilling (1)  4,300  75 
Unit (1)  7,100  402 
W-H Energy Services (1)  3,500  241 
    11,878 
Oil, Gas & Consumable Fuels 5.4%     
Adams Resources & Energy  2,300  64 
Alon USA Energy (2)  4,100  62 
Alpha Natural Resources (1)  7,100  308 
Arch Coal  18,500  805 
Arena Resources (1)  3,900  151 
Atlas America  1,400  85 
ATP Oil & Gas (1)  4,677  153 
Berry Petroleum, Class A (2)  5,780  269 
Bill Barrett (1)(2)  4,832  228 
Bois d'Arc Energy (1)  8,500  183 
BPZ Resources (1)(2)  4,500  98 
Cabot Oil & Gas  13,200  671 
Callon Petroleum (1)(2)  5,250  95 
Carrizo Oil & Gas (1)  4,100  243 
Cheniere Energy (1)(2)  8,100  160 
Cimarex Energy  13,338  730 
CNX Gas (1)(2)  6,700  216 
Comstock Resources (1)  6,040  243 
Crosstex Energy (2)  5,000  170 
Delta Pete (1)(2)  9,796  221 
Denbury Resources (1)  31,900  911 
Edge Petroleum (1)(2)  6,500  26 
Encore Acquisition (1)  7,150  288 
Energy Partners (1)  6,400  61 
Exco Resources (1)  12,300  228 
Fieldpoint Petroleum (1)  6,300  8 
Forest Oil (1)  11,189  548 
Foundation Coal  6,284  316 
Frontier Oil  13,400  365 
General Maritime (2)  5,490  130 
GeoResources (1)(2)  5,050  76 
GMX Resources (1)  3,200  112 
Harvest Natural Resource (1)(2)  9,716  117 
HKN (1)  12,479  109 
Holly  5,900  256 
International Coal Group (1)(2)  21,300  135 
Mariner Energy (1)  13,628  368 
Massey Energy  10,205  373 
Meridian Resource (1)(2)  9,550  14 
Newfield Exploration (1)  17,800  941 
Pacific Ethanol (1)(2)  7,500  33 
Parallel Petroleum (1)  2,600  51 
Penn Virginia  4,840  213 
Petrohawk Energy (1)(2)  27,257  550 
Petroleum Development (1)  2,400  166 
PetroQuest Energy (1)(2)  4,900  85 
Pioneer Natural Resources  17,414  855 
Plains Exploration & Production (1)  14,319  761 
Quicksilver Resources (1)  16,300  595 
Rosetta Resources (1)  2,700  53 
SandRidge Energy (1)(2)  12,100  474 
Southwestern Energy (1)  43,000  1,449 
St. Mary Land & Exploration  9,600  370 
Stone Energy (1)  5,110  267 
Swift Energy (1)(2)  3,550  160 
Syntroleum (1)(2)  6,300  4 
Ultra Petroleum (1)  20,460  1,586 
Uranium Resources (1)(2)  3,500  21 
USEC (1)(2)  15,150  56 
Verasun Energy (1)(2)  2,600  19 
W&T Offshore  5,600  191 
Warren Resources (1)  9,200  109 
Western Refining (2)  5,000  67 
Westmoreland Coal (1)(2)  6,000  81 
Whiting Petroleum (1)  5,700  369 
World Fuel Services  4,000  112 
    19,234 
 
Total Energy    31,112 
 
FINANCIALS 17.9%     
 
Capital Markets 2.1%     
Affiliated Managers Group (1)  4,500  408 
Allied Capital  19,000  350 
Apollo Investment (2)  15,300  242 
Ares Capital  9,800  123 
Ares Capital, Rights, 4/21/08 (1)  3,266  2 
BlackRock (2)  2,410  492 
Calamos, Class A  4,500  73 
Cohen & Steers (2)  4,300  114 
Eaton Vance  17,066  521 
eSpeed, Class A (1)(2)  9,400  110 
FCStone Group (1)(2)  2,400  67 
GAMCO Investors (2)  2,967  149 
GFI Group  2,700  155 
Greenhill (2)  3,300  230 
International Assets Holding (1)(2)  3,300  82 
Invesco  50,000  1,218 
Investment Technology Group (1)  6,000  277 
Jefferies Group (2)  14,100  227 
KBW (1)(2)  4,800  106 
Knight Capital Group (1)  12,550  204 
LaBranche & Co. (1)(2)  15,830  69 
MCG Capital (2)  4,500  41 
MCG Capital, Rights, 4/18/08 (1)  642  1 
optionsXpress  8,500  176 
Piper Jaffray (1)  2,150  73 
Raymond James Financial (2)  11,075  255 
Sanders Morris Harris Group (2)  3,900  32 
SEI  18,756  463 
Stifel Financial (1)  2,700  121 
SWS Group (2)  4,099  50 
TD Ameritrade Holding (1)  31,433  519 
Thomas Weisel Partners (1)(2)  1,700  11 
Tradestation Group (1)  7,800  66 
Waddell & Reed Financial, Class A  10,840  348 
    7,375 
Commercial Banks 4.4%     
1st Source  2,866  60 
Abigail Adams  3,957  46 
Amcore Financial (2)  2,090  43 
AmericanWest Bancorporation  6,300  55 
Arrow Financial (2)  5,144  116 
Associated Banc  14,075  375 
Banc First (2)  1,900  87 
Bancorp (1)  3,000  36 
Bancorp South  5,075  118 
BancTrust Financial Group (2)  2,900  31 
Bank of Granite (2)  9,390  103 
Bank of Hawaii  6,366  315 
Bank of the Ozarks (2)  2,300  55 
Banner (2)  1,914  44 
BOK Financial  3,937  206 
Boston Private Financial (2)  6,099  65 
Camden National  2,200  74 
Capital City Bank (2)  4,562  132 
Capital Corp of the West (2)  2,107  17 
Capitol Bancorp Limited (2)  1,600  34 
Cascade Bancorp (2)  4,250  41 
Cathay Bancorp (2)  5,956  123 
Centennial Bank (1)(2)  16,200  102 
Center Bancorp (2)  9,983  106 
Central Pacific Financial (2)  2,873  54 
Century Bancorp, Class A  7,100  143 
Chemical Financial (2)  2,661  63 
Citizens & Northern (2)  2,222  44 
Citizens Republic Bancorp (2)  8,495  106 
City Bank, Lynwood, Washington (2)  2,175  48 
City Holding Company  3,250  130 
City National  5,250  260 
Cobiz Financial (2)  3,237  42 
Colonial BancGroup (2)  22,745  219 
Columbia Bancorp  4,500  77 
Columbia Banking System  2,550  57 
Commerce Bancshares  8,794  370 
Community Bank System (2)  2,220  55 
Community Trust Bancorp  2,775  81 
Cullen/Frost Bankers  6,850  363 
CVB Financial (2)  10,806  112 
East West Bancorp (2)  6,600  117 
Farmers Capital Bank  5,000  119 
First Bancorp North Carolina (2)  3,075  61 
First Charter (2)  4,900  131 
First Citizens BancShares  670  93 
First Commonwealth Financial (2)  10,300  119 
First Community (2)  900  33 
First Community Bancorp  1,950  52 
First Financial (2)  1,950  60 
First Financial Bancorp (2)  4,772  64 
First Financial Bankshares (2)  2,896  119 
First Merchants (2)  3,083  88 
First Midwest Bancorp (2)  4,193  116 
First State Bancorporation  2,300  31 
First United  4,211  83 
FirstBank Puerto Rico  10,600  108 
FirstMerit  9,435  195 
FNB (2)  6,877  107 
FNB United  8,400  88 
Frontier Financial (2)  4,350  77 
Fulton Financial  20,102  247 
GB&T Bancshares  6,300  54 
German American Bancorp  4,489  57 
Glacier Bancorp (2)  6,112  117 
Great Southern Bancorp (2)  4,550  71 
Hancock Holding (2)  3,500  147 
Hanmi Financial (2)  6,600  49 
Harleysville National (2)  4,033  58 
Home Bancshares (2)  3,300  69 
Horizon Financial (2)  3,155  44 
IBERIABANK (2)  2,226  99 
Independent Bank - MA (2)  3,050  90 
Independent Bank - MI (2)  5,538  57 
Integra Bank (2)  2,050  33 
International Bancshares  6,702  151 
Investors Bancorp (1)  9,200  141 
Irwin Financial (2)  1,900  10 
KeyCorp  1,363  30 
Macatawa Bank (2)  6,400  67 
MB Financial (2)  2,067  64 
Merchants Bancshares  5,800  133 
Midwest Banc Holdings (2)  3,250  42 
MidWestOne Financial (1)  2,157  36 
Nara Bancorp (2)  3,700  48 
National Penn Bancshares (2)  11,235  204 
NBT Bancorp (2)  4,380  97 
NewBridge Bancorp  7,800  68 
Northrim Bank  3,725  68 
Old National Bancorp (2)  10,424  188 
Old Second Bancorp (2)  2,300  61 
Omega Financial (2)  2,700  84 
Oriental Financial Group  6,868  135 
Pacific Capital Bancorp (2)  4,888  105 
Park National (2)  1,440  102 
Peapack-Gladstone Financial (2)  2,150  58 
Peoples Bancorp (2)  2,950  71 
Pinnacle Financial Partners (1)(2)  3,400  87 
Popular (2)  48,090  561 
Preferred Bank (2)  2,250  38 
PrivateBancorp (2)  2,360  74 
Prosperity Bancshares  4,960  142 
Provident Bankshares (2)  4,301  46 
Renasant (2)  2,752  62 
Republic Bancorp, Class A (2)  3,166  60 
Royal Bank of Canada (2)  547  25 
S Y Bancorp (2)  2,321  54 
S&T Bancorp  2,200  71 
Sandy Spring Bancorp (2)  2,930  81 
Seacoast Banking, Class A (2)  3,850  42 
Signature Bank (1)  4,400  112 
South Financial Group (2)  6,335  94 
Southside Bancshares (2)  1,700  41 
Southwest Bancorp of Oklahoma  2,600  46 
State Bancorp (2)  4,450  53 
Sterling Bancorp (2)  2,685  42 
Sterling Bancshares  8,225  82 
Sterling Financial - PA (1)(2)  3,816  67 
Sterling Financial - Spokane (2)  6,128  96 
Suffolk Bancorp  1,250  40 
Sun Bancorp (2)  1,837  24 
Superior Bancorp (1)(2)  7,500  37 
Susquehanna Bancshares (2)  10,000  204 
SVB Financial Group (1)(2)  5,350  233 
Synovus Financial (2)  46,700  517 
TCF Financial  12,600  226 
Texas Capital Bancshares (1)  3,400  57 
Tompkins Financial (2)  1,880  92 
Trico Bancshares (2)  2,000  35 
Trustmark (2)  6,400  143 
UCBH (2)  13,100  102 
UMB Financial (2)  2,912  120 
Umpqua Bank (2)  6,020  93 
Union Bankshares (2)  1,729  33 
UnionBancal  8,630  424 
United Bankshares (2)  4,400  117 
United Community Banks (2)  4,000  68 
Univest (2)  1,500  39 
Valley National Bancorp (2)  15,532  298 
W Holdings Company (2)  19,978  24 
Washington Trust Bancorp (2)  3,800  94 
Webster Financial  11,510  321 
WesBanco  6,475  160 
West Bancorporation  2,700  36 
West Coast Bancorp  4,270  62 
WestAmerica Bank (2)  3,446  181 
Western Alliance Bancorp (1)(2)  1,800  23 
Whitney (2)  7,062  175 
Wilmington Trust  6,025  187 
Wintrust Financial  4,250  149 
    15,914 
Consumer Finance 0.2%     
Advance America Cash Advance Centers  7,722  58 
AmeriCredit (1)(2)  14,910  150 
Cash American International  3,360  122 
CompuCredit (1)(2)  4,100  37 
Dollar Financial (1)(2)  1,400  32 
EZCORP, Class A (1)  2,600  32 
First Cash (1)  4,800  50 
First Marblehead (2)  9,600  72 
Nelnet, Class A (2)  3,722  44 
QC Holdings (2)  4,900  44 
Student Loan  1,101  109 
World Acceptance (1)(2)  2,300  73 
    823 
Diversified Financial Services 0.7%     
Asset Acceptance Capital (2)  4,700  45 
Asta Funding (2)  2,400  33 
Encore Capital (1)(2)  9,900  67 
Financial Federal (2)  3,065  67 
Interactive Brokers, Class A (1)(2)  4,800  123 
MarketAxess Holdings (1)(2)  2,300  23 
NASDAQ OMX Group (1)  23,300  901 
Newstar Financial (1)(2)  2,800  15 
Nymex Holdings (2)  12,700  1,151 
PICO Holdings (1)(2)  3,000  91 
Portfolio Recovery Associates (2)  2,450  105 
    2,621 
Insurance 3.4%     
Alfa  7,470  164 
Alleghany  778  266 
American Equity Investment Life (2)  3,800  35 
American Financial Group (2)  9,010  230 
AmTrust Financial Services (2)  2,100  34 
Arthur J. Gallagher (2)  10,960  259 
Baldwin & Lyons, Class B (2)  3,875  100 
Brown & Brown  13,706  238 
Citizens (1)(2)  7,533  50 
CNA Financial (2)  2,900  75 
CNA Surety (1)  4,100  63 
Commerce Group  6,200  224 
Conseco (1)  26,200  267 
Crawford, Class B (1)(2)  7,450  39 
Delphi Financial, Class A  3,779  111 
EMC Insurance Group (2)  2,703  73 
Employers Holdings  6,400  119 
Erie Indemnity, Class A  5,200  266 
Everest Reinsurance  8,600  770 
FBL Financial, Class A  2,642  75 
Fidelity National Financial, Class A (2)  30,359  557 
First American Financial  12,030  408 
FPIC Insurance Group (1)  1,600  75 
Hanover Insurance Group  5,720  235 
Harleysville Group  3,810  138 
HCC Insurance Holdings  13,230  300 
Hilb Rogal & Hobbs  4,060  128 
Hilltop Holdings (1)  11,199  117 
Horace Mann Educators (2)  6,710  117 
Infinity Property & Casualty  2,100  87 
Kansas City Life Insurance  1,880  90 
LandAmerica Financial Group (2)  2,000  79 
Markel (1)  1,233  543 
Mercury General  5,293  235 
Midland  2,300  149 
National Financial Partners (2)  6,162  139 
National Interstate  1,200  28 
National Western Life  560  121 
Nationwide Financial Services, Class A  10,200  482 
Navigators Group (1)  2,150  117 
Odyssey Re Holdings (2)  6,000  221 
Old Republic International  29,468  381 
OneBeacon Insurance Group, Class A  1,700  32 
Philadelphia Consolidated (1)  6,700  216 
Phoenix Companies  13,999  171 
PMA Capital, Class A (1)(2)  6,100  52 
Presidential Life  3,500  61 
ProAssurance (1)  3,270  176 
ProCentury  4,300  77 
Protective Life  7,011  284 
Reinsurance Group of America (2)  4,520  246 
RLI  1,800  89 
Safety Insurance Group  2,315  79 
Seabright Insurance (1)  12,400  183 
Selective Insurance  4,900  117 
StanCorp Financial Group  4,700  224 
State Auto Financial  3,070  89 
Stewart Information Services  2,080  58 
Tower Group  1,600  40 
United Fire & Casualty  3,600  135 
Unitrin (2)  8,150  288 
W. R. Berkley  22,872  633 
White Mountains Insurance Group  1,337  642 
Zenith National  3,634  130 
    12,227 
Real Estate Investment Trusts (REITs) 5.3%     
Acadia Realty Trust, REIT (2)  6,018  145 
Agree Realty, REIT (2)  2,300  63 
Alexanders, REIT (1)(2)  510  181 
Alexandria Real Estate, REIT  3,720  345 
AMB Property, REIT  13,304  724 
American Financial Realty, REIT  19,850  158 
AmeriVest Properties, REIT (1)  6,400  0 
Ashford Hospitality Trust, REIT  2,900  16 
BioMed Realty Trust, REIT  9,800  234 
Brandywine Realty Trust, REIT  13,743  233 
BRE Properties, Class A, REIT (2)  6,050  276 
Camden Property Trust, REIT  8,100  407 
CBL & Associates Properties, REIT  7,660  180 
Colonial Properties Trust, REIT  4,241  102 
Corporate Office Properties Trust, REIT  7,100  239 
Cousins Properties, REIT (2)  5,260  130 
DCT Industrial Trust, REIT  24,600  245 
Deerfield Capital, REIT  1,064  2 
DiamondRock Hospitality, REIT  11,100  141 
Digital Realty Trust, REIT (2)  11,500  408 
Douglas Emmett, REIT  14,000  309 
Duke Realty, REIT  17,961  410 
EastGroup Properties, REIT  2,850  132 
Entertainment Properties, REIT (2)  3,080  152 
Equity Lifestyle Properties, REIT  4,170  206 
Equity One, REIT (2)  7,276  174 
Essex Property Trust, REIT  2,750  313 
Extra Space Storage, REIT  8,000  130 
Federal Realty Investment Trust, REIT (2)  7,490  584 
FelCor Lodging Trust, REIT  12,000  144 
First Industrial Realty, REIT (2)  5,000  154 
Franklin Street Properties, REIT (2)  8,700  125 
Getty Realty, REIT (2)  3,960  63 
Glimcher Realty Trust, REIT (2)  4,860  58 
GMH Communities Trust, REIT (2)  8,200  71 
Health Care, REIT  9,250  417 
Healthcare Realty Trust, REIT  6,080  159 
Hersha Hospitality Trust, REIT  10,800  98 
Highwoods Properties, REIT  7,213  224 
Home Properties of New York, REIT  3,990  191 
Hospital Properties Trust, REIT  9,050  308 
HRPT Properties Trust, REIT  24,400  164 
Inland Real Estate, REIT (2)  4,800  73 
Investors Real Estate Trust, REIT  9,950  97 
iStar Financial, REIT (2)  7,000  98 
Kilroy Realty, REIT  4,520  222 
Kite Realty Group Trust, REIT  5,600  78 
LaSalle Hotel Properties, REIT  5,100  147 
Lexington Realty Trust, REIT  9,950  143 
Liberty Property Trust, REIT  11,333  353 
LTC Properties, REIT  4,450  114 
Macerich Company, REIT  10,561  742 
Mack-Cali Realty, REIT  8,934  319 
Maguire Properties, REIT (2)  5,580  80 
MHI Hospitality, REIT  14,300  90 
Mid-America Apartment Communities, REIT  3,330  166 
Mission West Properties, REIT  6,240  59 
Monmouth, Class A, REIT  19,300  154 
National Health Investors, REIT  4,020  126 
National Retail Properties, REIT  7,130  157 
Nationwide Health Properties, REIT  10,560  356 
Omega Healthcare Investors, REIT  11,350  197 
Parkway Properties, REIT  2,500  92 
Pennsylvania, REIT (2)  4,631  113 
Pittsburgh & West Virginia Railroad, REIT (2)  9,638  89 
PMC Commercial Trust, REIT  9,188  65 
Post Properties, REIT  5,500  212 
Potlatch, REIT  5,232  216 
PS Business Parks, REIT  2,200  114 
Ramco-Gershenson Properties, REIT  3,200  68 
Rayonier, REIT  8,934  388 
Realty Income, REIT (2)  11,900  305 
Regency Centers, REIT  9,586  621 
Saul Centers, REIT  2,750  138 
Senior Housing Properties, REIT  11,014  261 
SL Green Realty, REIT  8,581  699 
Sovran Self Storage, REIT  2,200  94 
Strategic Hotels & Resorts, REIT (2)  13,000  171 
Sun Communities, REIT  3,750  77 
Sunstone Hotel Investors, REIT  5,800  93 
Tanger Factory Outlet Centers, REIT (2)  4,540  175 
Taubman Centers, REIT  7,200  375 
U-Store-It, REIT  9,600  109 
UDR, REIT  17,888  439 
Universal Health Realty Income Trust, REIT  2,350  78 
Urstadt Biddle Properties, Class A, REIT  5,100  80 
Ventas, REIT  19,040  855 
Washington SBI, REIT (2)  5,300  177 
Weingarten Realty Investors, REIT (2)  9,340  322 
    19,012 
Real Estate Management & Development 0.4%     
Forest City Enterprises, Class A  9,630  355 
FX Real Estate and Entertainment (1)(2)  520  3 
Jones Lang LaSalle (2)  4,610  357 
Reis (1)  8,100  43 
St. Joe (2)  11,070  475 
Tejon Ranch (1)(2)  2,570  96 
Thomas Properties  4,900  43 
    1,372 
Thrifts & Mortgage Finance 1.4%     
Abington Bancorp (2)  3,200  33 
Ameriana Bancorp (2)  4,460  39 
Anchor Bancorp Wisconsin (2)  3,480  66 
Astoria Financial  7,621  207 
Bank Mutual (2)  9,961  107 
BankAtlantic, Class A (2)  12,250  48 
BankUnited Financial (2)  4,670  23 
Brookline Bancorp  8,429  97 
Camco Financial  4,900  54 
Capitol Federal Financial (2)  6,726  252 
Citizens First Bancorp (2)  1,903  20 
Clifton Savings Bancorp (2)  5,700  57 
Cooperative Bankshares (2)  2,675  29 
CORUS Bankshares (2)  6,000  58 
Delta Financial  8,600  — 
Dime Community Bancshares  6,400  112 
Downey Financial (2)  2,050  38 
Federal Agricultural Mortgage (2)  1,700  44 
First Busey (2)  5,675  120 
First Federal Bancshares of Arkansas  4,900  68 
First Financial Holdings  3,250  76 
First Niagara Financial  10,117  138 
First Place Financial (2)  2,749  36 
FirstFed Financial (1)(2)  2,220  60 
Flagstar Bancorp (2)  6,000  43 
Flushing Financial  4,625  81 
Franklin Bank (1)(2)  14,150  43 
Fremont General (1)(2)  12,300  6 
Home Federal Savings Bank  1,700  37 
Imperial Capital Bancorp  1,784  39 
IndyMac Bank (2)  10,860  54 
Kearny Financial (2)  5,200  57 
NASB Financial (2)  1,256  33 
New Hampshire Thrift  2,980  37 
New York Community Bancorp (2)  38,337  699 
NewAlliance Bancshares (2)  11,350  139 
Northwest Bancorp (2)  6,080  166 
OceanFirst Financial  2,450  43 
Ocwen Financial (1)(2)  8,130  36 
Peoples Community Bancorp  2,600  10 
Peoples United Financial  35,661  617 
PFF Bancorp (2)  4,065  34 
PMI Group (2)  9,720  57 
Provident Financial Services (2)  9,118  129 
Provident New York Bancorp (2)  7,302  99 
Radian (2)  13,808  91 
Riverview Bancorp  7,600  76 
TFS Financial (2)  11,300  136 
TierOne (2)  2,000  23 
Triad Guaranty (1)(2)  16,350  82 
Trustco Bank (2)  6,550  58 
United Community Financial (2)  5,500  34 
Washington Federal  7,768  177 
Willow Financial Bancorp  7,861  58 
WSFS Financial  1,650  81 
    5,057 
 
Total Financials    64,401 
HEALTH CARE 12.0%     
 
Biotechnology 3.9%     
Acadia Pharmaceuticals (1)(2)  8,500  77 
Acorda Therapeutics (1)(2)  1,600  29 
Alexion Pharmaceutical (1)(2)  5,350  317 
Alkermes (1)  13,400  159 
Alnylam Pharmaceuticals (1)(2)  4,800  117 
Altus Pharmaceuticals (1)(2)  7,000  32 
Amylin Pharmaceuticals (1)(2)  15,763  460 
Arena Pharmaceuticals (1)(2)  11,700  80 
Ariad Pharmaceuticals (1)(2)  17,500  59 
ArQule (1)(2)  8,600  37 
Array BioPharma (1)  9,000  63 
AspenBio Pharma (1)(2)  4,400  25 
Avalon Pharmaceuticals (1)(2)  10,500  25 
AVI BioPharma (1)(2)  8,500  16 
BioCryst Pharmaceuticals (1)(2)  14,100  65 
BioMarin Pharmaceutical (1)  13,490  477 
BioSphere Medical (1)(2)  6,000  28 
Cell Genesys (1)(2)  19,000  45 
Cephalon (1)(2)  8,410  542 
Cepheid (1)(2)  9,300  227 
Critical Therapeutics (1)  7,200  5 
Cubist Pharmaceuticals (1)(2)  8,500  157 
CV Therapeutics (1)  8,900  63 
Cytokinetics (1)(2)  11,200  37 
Dendreon (1)(2)  12,960  62 
Dyax (1)(2)  9,800  46 
Dynavax Technologies (1)(2)  15,300  30 
EPIX Pharmaceuticals (1)(2)  13,900  20 
Genentech (1)  61,134  4,963 
Genitope (1)(2)  6,700  2 
Geron (1)(2)  13,350  65 
Halozyme Therapeutics (1)(2)  15,700  100 
Human Genome Sciences (1)  19,700  116 
ImClone Systems (1)  9,243  392 
Incyte (1)(2)  15,960  168 
Indevus Pharmaceuticals (1)(2)  15,100  72 
InterMune (1)(2)  4,570  67 
Introgen Therapeutics (1)(2)  6,700  21 
Isis Pharmaceuticals (1)(2)  13,080  185 
Keryx Biopharmaceuticals (1)(2)  13,500  8 
Kosan Biosciences (1)(2)  10,500  16 
Lexicon Pharmaceuticals (1)(2)  7,100  14 
LifeCell (1)(2)  5,800  244 
Ligand Pharmaceuticals, Class B (2)  20,200  81 
Mannkind (1)(2)  9,100  54 
Martek Biosciences (1)  6,100  186 
Medarex (1)(2)  19,900  176 
Millennium Pharmaceuticals (1)  39,100  604 
Momenta Pharmaceuticals (1)(2)  8,000  87 
Myriad Genetics (1)(2)  5,790  233 
Neurogen (1)(2)  9,100  17 
New Abraxis BioScience (1)  1,075  63 
Novavax (1)(2)  9,500  25 
Nuvelo (1)(2)  5,300  4 
ONYX Pharmaceuticals (1)(2)  7,650  222 
OSI Pharmaceuticals (1)  6,800  254 
Panacos Pharmaceuticals (1)  6,500  5 
PDL Biopharma (1)  17,460  185 
Pharmacopeia (1)  14,905  55 
Progenics Pharmaceuticals (1)(2)  4,000  26 
Regeneron Pharmaceuticals (1)  10,050  193 
Rigel Pharmaceuticals (1)(2)  9,500  177 
Sangamo BioSciences (1)(2)  6,200  63 
Savient Pharmaceuticals (1)(2)  9,100  182 
Seattle Genetics (1)(2)  10,420  95 
Senomyx (1)(2)  6,700  40 
StemCells (1)(2)  8,300  13 
Telik (1)(2)  22,400  55 
Tercica (1)(2)  7,400  42 
Theravance (1)(2)  7,300  77 
Third Wave Technologies (1)  10,500  97 
United Therapeutics (1)  3,100  269 
Vanda Pharmaceuticals (1)(2)  4,100  16 
Vertex Pharmaceuticals (1)  22,300  533 
XOMA (1)  8,700  23 
ZymoGenetics (1)(2)  8,600  84 
    13,969 
Health Care Equipment & Supplies 3.2%     
Abaxis (1)(2)  3,900  90 
ABIOMED (1)(2)  6,100  80 
Accuray (1)(2)  3,400  27 
Advanced Medical Optics (1)(2)  8,740  177 
Align Technology (1)(2)  9,530  106 
American Medical Systems (1)(2)  9,400  133 
Analogic  1,880  125 
Angiodynamics (1)  4,232  49 
ArthroCare (1)(2)  3,620  121 
Aspect Medical Systems (1)(2)  3,950  24 
Beckman Coulter  6,892  445 
Biolase Technology (1)(2)  13,300  41 
Candela Laser (1)  8,300  28 
Cerus (1)(2)  9,970  57 
Conceptus (1)(2)  5,600  104 
ConMed (1)  3,950  101 
Cooper Companies  7,661  264 
CryoLife (1)(2)  7,350  69 
Cyberonics (1)(2)  5,500  80 
Datascope  1,780  74 
Dentsply International  19,600  757 
Digirad (1)(2)  8,200  23 
Edwards Lifesciences (1)  5,850  261 
Endologix (1)(2)  6,000  18 
EV3 (1)(2)  13,042  106 
Exactech (1)  1,700  43 
Gen-Probe (1)  6,920  333 
Greatbatch (1)(2)  3,350  62 
Haemonetics (1)  3,100  185 
Hillenbrand Industries  7,050  337 
Hologic (1)  16,177  899 
ICU Medical (1)(2)  2,700  78 
IDEXX Laboratories (1)  7,000  345 
Immucor (1)  8,668  185 
Integra LifeSciences (1)(2)  2,300  100 
Intuitive Surgical (1)  4,910  1,593 
Invacare (2)  6,200  138 
Inverness Medical Innovations (1)(2)  7,860  237 
Invitrogen (1)  5,942  508 
Kensey Nash (1)  2,400  69 
Kinetic Concepts (1)(2)  7,350  340 
Medical Action Industries (1)  3,450  57 
Mentor (2)  4,760  122 
Meridian Bioscience  6,075  203 
Merit Medical Systems (1)  5,525  87 
National Dentex (1)  1,500  19 
NMT Medical (1)(2)  7,600  29 
NuVasive (1)  2,600  90 
OraSure Technologies (1)(2)  7,775  57 
Palomar Medical Technologies (1)  1,200  18 
Quidel (1)  5,200  83 
ResMed (1)  12,100  510 
RTI Biologics (1)(2)  6,200  59 
Sonic Innovations (1)(2)  8,700  42 
SonoSite (1)(2)  2,850  81 
Spectranetics (1)  2,000  17 
Steris  6,491  174 
SurModics (1)(2)  2,150  90 
Symmetry Medical (1)  5,400  90 
Synovis Life Technologies (1)  4,100  64 
Theragenics (1)  8,600  34 
Thoratec (1)(2)  7,352  105 
Vital Signs  1,850  94 
Volcano (1)  1,900  24 
West Pharmaceutical Services (2)  3,680  163 
Wright Medical Group (1)  5,800  140 
Zoll Medical (1)  4,000  106 
    11,370 
Health Care Providers & Services 2.4%     
Air Methods (1)(2)  1,100  53 
Alliance Imaging (1)(2)  6,600  57 
Amedisys (1)  4,000  157 
AMERIGROUP (1)  6,180  169 
AMN Healthcare Services (1)  5,305  82 
AmSurg, Class A (1)(2)  3,800  90 
Apria Healthcare (1)  5,740  113 
Assisted Living Concepts, Class A (1)(2)  10,400  61 
Bioscrip (1)  6,900  47 
Brookdale Senior Living (2)  4,400  105 
Capital Senior Living (1)(2)  4,300  35 
Centene (1)  6,500  91 
Chemed  3,900  165 
Community Health System (1)  11,622  390 
CorVel (1)  2,875  88 
Cross Country Healthcare (1)  4,780  59 
DaVita (1)  13,075  624 
Emeritus (1)(2)  1,800  38 
Five Star Quality Care (1)(2)  13,000  83 
Gentiva Health Services (1)  5,050  110 
Hanger Orthopedic Group (1)  5,450  59 
Health Management (1)(2)  27,300  144 
Health Net (1)  14,230  438 
HealthExtras (1)  4,800  119 
HealthSouth (1)(2)  10,800  192 
HealthSpring (1)  6,300  89 
Healthways (1)(2)  4,741  168 
Henry Schein (1)  13,100  752 
HMS Holdings (1)(2)  4,700  134 
Hooper Holmes (1)  7,650  5 
inVentiv Health (1)  4,100  118 
Kindred Healthcare (1)  3,714  81 
Landauer  2,400  121 
LCA-Vision (2)  3,050  38 
LHC Group (1)  1,200  20 
LifePoint Hospitals (1)  6,530  179 
Lincare Holdings (1)  12,355  347 
Magellan Health Services (1)(2)  4,700  187 
Matria Healthcare (1)  3,550  79 
Medcath (1)  3,350  61 
Medical Staffing Network (1)  3,800  18 
Molina Healthcare (1)(2)  600  15 
National Healthcare (2)  2,177  106 
Nighthawk Radiology (1)  1,700  16 
Odyssey Healthcare (1)  7,087  64 
Omnicare (2)  14,916  271 
Owens & Minor  4,300  169 
PDI (1)  7,000  59 
Pediatrix Medical Group (1)  5,900  398 
PharMerica (1)(2)  5,559  92 
PSS World Medical (1)(2)  7,990  133 
Psychiatric Solutions (1)(2)  7,400  251 
Q-Med (1)(2)  2,600  — 
RadNet (1)  2,000  14 
RehabCare Group (1)  4,100  61 
Res-Care (1)  3,800  65 
Sun Healthcare (1)  2,700  35 
Sunrise Senior Living (1)  5,800  129 
U.S. Physical Therapy (1)  5,600  81 
Universal American Financial (1)  5,940  63 
Universal Health Services  6,447  346 
VCA Antech (1)  11,100  304 
    8,638 
Health Care Technology 0.3%     
Allscripts Healthcare (1)(2)  7,800  81 
Cerner (1)(2)  8,960  334 
Computer Programs & Systems (2)  2,700  56 
Eclipsys (1)(2)  7,500  147 
HealthStream (1)(2)  9,900  29 
HLTH (1)(2)  23,181  221 
Merge Healthcare (1)(2)  10,600  6 
Omnicell (1)  6,320  127 
Phase Forward (1)  3,100  53 
TriZetto Group (1)(2)  6,900  115 
    1,169 
Life Sciences Tools & Services 1.3%     
Accelrys (1)  7,410  40 
Affymetrix (1)  10,240  178 
Albany Molecular Research (1)  4,410  54 
AMAG Pharmaceuticals (1)(2)  2,400  97 
Bio-Rad Laboratories, Class A (1)  2,300  205 
Bruker (1)  11,350  175 
Caliper Life Sciences (1)(2)  12,050  45 
Cambrex  4,110  28 
Charles River Laboratories International (1)  8,300  489 
CombiMatrix (1)(2)  29,400  280 
Covance (1)  7,812  648 
Dionex (1)  2,000  154 
Enzo Biochem (1)(2)  4,885  44 
Exelixis (1)(2)  16,090  112 
Harvard Bioscience (1)  10,800  54 
Illumina (1)(2)  7,400  562 
Luminex (1)(2)  5,500  108 
Nektar Therapeutics (1)(2)  16,700  116 
Parexel International (1)  6,780  177 
Pharmaceutical Product Development  13,322  558 
Techne (1)  5,900  397 
Varian (1)  3,300  191 
    4,712 
Pharmaceuticals 0.9%     
Adolor (1)  12,800  58 
Akorn (1)(2)  2,900  14 
Alexza Pharmaceuticals (1)(2)  9,300  64 
Alpharma, Class A (1)(2)  4,800  126 
APP Pharmaceuticals (1)  6,600  80 
Auxilium Pharmaceuticals (1)(2)  3,400  91 
Barrier Therapeutics (1)(2)  9,100  31 
Bentley Pharmaceuticals (1)(2)  5,572  91 
Columbia Laboratories (1)(2)  5,600  12 
Cypress Biosciences (1)  4,700  34 
DURECT (1)(2)  12,600  66 
Endo Pharmaceutical (1)  16,719  400 
Inspire Pharmaceuticals (1)(2)  14,750  57 
KV Pharmaceutical, Class A (1)(2)  5,450  136 
Medicines Company (1)(2)  7,290  147 
Medicis Pharmaceutical, Class A (2)  6,900  136 
Nastech Pharmaceutical (1)(2)  2,200  5 
Noven Pharmaceuticals (1)(2)  4,153  37 
Pain Therapeutics (1)(2)  10,700  90 
Par Pharmaceutical (1)(2)  5,194  90 
Penwest Pharmaceuticals (1)(2)  34,700  90 
Perrigo (2)  10,365  391 
Salix Pharmaceuticals (1)(2)  8,073  51 
Santarus (1)  12,000  31 
Sciele Pharma (1)(2)  5,210  102 
Sepracor (1)  13,449  263 
Valeant Pharmaceuticals (1)(2)  12,510  160 
ViroPharma (1)(2)  10,700  96 
VIVUS (1)  16,800  101 
Xenoport (1)  4,000  162 
    3,212 
 
Total Health Care    43,070 
INDUSTRIALS & BUSINESS SERVICES 14.7%     
 
Aerospace & Defense 1.3%     
AAR (1)(2)  4,400  120 
Alliant Techsystems (1)  4,400  455 
Allied Defense Group (1)(2)  8,100  48 
American Science Engineering (2)  1,400  76 
Applied Energetics (1)(2)  7,300  12 
Applied Signal Technology  4,250  50 
Argon ST (1)(2)  2,100  36 
BE Aerospace (1)  12,250  428 
Ceradyne (1)(2)  3,400  109 
Cubic  2,900  82 
Curtiss-Wright  4,600  191 
DRS Technologies  4,685  273 
Ducommun (1)  1,700  47 
Esterline Technologies (1)  3,090  156 
GenCorp (1)(2)  10,510  108 
Harris  17,138  832 
HEICO (2)  1,300  63 
Hexcel (1)  13,400  256 
Innovative Solutions & Support (1)(2)  4,700  50 
Ladish Company (1)  2,100  76 
Moog, Class A (1)  4,730  200 
MTC Technologies (1)(2)  2,300  55 
Orbital Sciences (1)  7,770  187 
Spirit Aerosystems Holdings, Class A (1)  9,900  219 
Sypris Solutions  6,200  26 
Taser International (1)(2)  18,860  177 
Teledyne Technologies (1)  4,100  193 
Transdigm Group (1)  4,000  148 
Triumph Group (2)  1,750  100 
    4,773 
Air Freight & Logistics 0.1%     
Forward Air  4,185  148 
Hub Group, Class A (1)  6,000  198 
Pacer International  4,280  70 
Park Ohio Holdings (1)(2)  2,800  44 
    460 
Airlines 0.6%     
AirTran (1)(2)  15,430  102 
Alaska Air Group (1)(2)  5,550  109 
AMR (1)(2)  40,210  363 
Continental Airlines, Class B (1)  13,940  268 
Delta Air Lines (1)  31,700  273 
ExpressJet (1)(2)  11,760  31 
Frontier Airlines (1)(2)  10,300  26 
Mesa Air Group (1)(2)  11,721  27 
Northwest Airlines (1)  34,400  309 
Pinnacle Airlines (1)(2)  4,600  40 
Republic Airways (1)  2,000  43 
SkyWest  8,330  176 
UAL (2)  6,800  146 
US Airways (1)(2)  10,856  97 
    2,010 
Building Products 0.5%     
AAON  2,672  54 
Advanced Environmental Recycling Technologies, Class A (1)(2)  4,000  3 
American Woodmark (2)  2,480  51 
Ameron International  1,200  112 
Apogee Enterprises  4,500  69 
Armstrong Worldwide Industries  1,800  64 
Gibraltar Industries (2)  4,225  50 
Griffon (1)(2)  3,800  33 
Lennox International  7,890  284 
NCI Building Systems (1)(2)  2,350  57 
Owens Corning (1)(2)  13,100  238 
Simpson Manufacturing (2)  5,200  141 
Trex (1)(2)  22,900  180 
Universal Forest Products (2)  6,490  209 
USG (1)(2)  10,650  392 
    1,937 
Commercial Services & Supplies 3.4%     
A. T. Cross, Class A (1)  4,800  33 
ABM Industries  4,850  109 
Acco Brands (1)(2)  6,600  90 
Administaff  3,850  91 
Advisory Board (1)  2,540  140 
American Reprographics (1)(2)  6,000  89 
Angelica  3,800  68 
Bowne  3,450  53 
Brinks Company  5,449  366 
Casella Waste Systems, Class A (1)  8,075  88 
CBIZ (1)(2)  6,650  54 
CDI  1,900  48 
Cenveo (1)(2)  7,300  76 
ChoicePoint (1)  10,157  483 
Clean Harbors (1)(2)  2,900  188 
Consolidated Graphics (1)  1,300  73 
Copart (1)  8,100  314 
Cornell Companies (1)  2,200  49 
Corporate Executive Board (2)  6,800  275 
Corrections Corporation of America (1)  15,000  413 
CoStar Group (1)(2)  2,740  118 
Courier (2)  2,400  60 
Covanta Holding (1)  21,804  600 
CRA International (1)(2)  1,550  50 
Deluxe  6,328  122 
Diamond Management & Technology Consultants (2)  5,050  33 
Dun & Bradstreet  7,100  578 
Ecology & Environment, Class A  8,005  96 
Ennis Business Forms  4,757  80 
FTI Consulting (1)  5,695  405 
Fuel Tech (1)(2)  1,000  20 
G & K Services, Class A (2)  2,070  74 
GEO (1)  6,300  179 
GeoEye (1)  2,400  62 
Healthcare Services (2)  1,200  25 
Heidrick & Struggles International (2)  2,458  80 
Herman Miller  6,750  166 
HNI Corporation (2)  4,780  128 
Huron Consulting Group (1)  2,600  108 
ICT Group (1)(2)  2,600  26 
IHS (1)  6,400  412 
IKON Office Solutions  14,770  112 
Innerworkings (1)(2)  8,800  123 
Interface, Class A  6,600  93 
Kelly Services, Class A  2,432  50 
Kenexa (1)(2)  2,100  39 
Kforce (1)  5,656  50 
Kimball International, Class B  4,690  50 
Knoll  4,700  54 
Korn/Ferry (1)  5,900  100 
Layne Christensen (1)  3,000  105 
Learning Tree International (1)(2)  3,650  51 
LECG (1)  5,850  55 
M & F Worldwide (1)(2)  400  15 
Manpower  11,176  629 
McGrath RentCorp (2)  3,000  72 
Mine Safety Appliances (2)  3,200  132 
Mobile Mini (1)(2)  4,900  93 
Multi-Color (2)  5,512  123 
Navigant Consulting (1)  7,100  135 
On Assignment (1)  5,650  36 
PHH (1)  5,979  104 
Pike Electric (1)  4,200  58 
PRG-Schultz International (1)  1,300  11 
Republic Services  25,075  733 
Resources Connection  6,000  107 
Rollins  8,212  145 
School Specialty (1)(2)  1,426  45 
Spherion (1)  8,780  54 
Standard Register (2)  6,100  47 
Steelcase, Class A  10,459  116 
Stericycle (1)  11,500  592 
Superior Uniform Group  11,400  114 
TeleTech Holdings (1)  6,990  157 
Tetra Tech (1)(2)  6,750  132 
TRC (1)(2)  3,100  13 
TRM (1)(2)  3,500  1 
TrueBlue (1)  7,800  105 
United Stationers (1)  4,073  194 
Viad  2,277  82 
Volt Information Sciences (1)(2)  3,950  67 
Waste Connections (1)  8,625  265 
Watson Wyatt  4,050  230 
    12,011 
Construction & Engineering 1.1%     
AECOM Technology (1)  6,700  174 
EMCOR Group (1)  7,860  175 
Foster Wheeler (1)  18,200  1,030 
Furmanite (1)  8,700  74 
Granite Construction (2)  4,100  134 
Insituform Technologies (1)(2)  5,450  75 
KBR (1)  23,100  641 
Michael Baker (1)  1,600  36 
Northwest Pipe (1)(2)  2,400  102 
Perini (1)  3,800  138 
Quanta Services (1)(2)  21,808  505 
Shaw Group (1)  10,350  488 
Sterling Construction (1)  3,900  71 
URS (1)  8,600  281 
    3,924 
Electrical Equipment 1.3%     
A.O. Smith  3,360  110 
Acuity Brands  4,750  204 
American Superconductor (1)(2)  7,600  176 
AMETEK  12,700  558 
Baldor Electric  5,640  158 
Belden (2)  5,463  193 
Brady, Class A  6,600  221 
BTU International (1)(2)  5,600  52 
Chase  4,200  76 
Encore Wire (2)  2,475  45 
Energy Conversion Devices (1)(2)  6,200  185 
Evergreen Solar (1)(2)  19,800  184 
Franklin Electric (2)  2,200  75 
FuelCell Energy (1)(2)  20,950  139 
General Cable (1)  7,100  419 
GrafTech International (1)  18,150  294 
Hubbell, Class B  6,833  299 
II-VI (1)  3,300  125 
LSI Industries  7,325  97 
Medis Technologies (1)(2)  12,200  111 
Plug Power (1)(2)  9,700  30 
Powell Industries (1)  2,700  106 
Power-One (1)(2)  7,600  24 
Regal-Beloit  4,000  147 
Superior Essex (1)  700  20 
Thomas & Betts (1)  7,276  265 
Ultralife Batteries (1)(2)  4,500  53 
Valence Technology (1)(2)  7,088  31 
Vicor (2)  5,800  69 
Woodward Governor  8,200  219 
    4,685 
Industrial Conglomerates 0.8%     
Carlisle Companies  7,420  248 
McDermott International (1)  30,150  1,653 
Roper Industries  12,426  739 
Teleflex  4,330  206 
Tredegar  5,800  106 
    2,952 
Machinery 3.5%     
3-D Systems (1)(2)  2,600  38 
Accuride (1)(2)  7,000  57 
Actuant, Class A (2)  7,020  212 
AGCO (1)  11,750  704 
Albany International (2)  3,003  109 
Astec Industries (1)  2,600  101 
Barnes Group  6,200  142 
Blount International (1)(2)  6,577  81 
Briggs & Stratton (2)  7,000  125 
Bucyrus International, Class A  4,899  498 
Cascade (2)  1,150  57 
Clarcor  6,240  222 
Columbus McKinnon (1)  2,900  90 
Commercial Vehicle Group (1)  4,300  43 
Crane  6,241  252 
Donaldson  8,671  349 
Dynamic Materials  800  35 
EnPro Industries (1)(2)  3,050  95 
ESCO Technologies (1)(2)  3,540  141 
Federal Signal  5,800  81 
Flowserve  7,260  758 
Force Protection (1)(2)  10,100  20 
Freightcar America (2)  1,900  65 
Gardner Denver (1)  6,800  252 
Graco  9,675  351 
Graham  2,125  76 
Greenbrier Companies (2)  2,700  72 
Harsco  12,160  673 
Hurco Companies (1)  1,600  75 
IDEX  10,755  330 
Joy Global  13,387  872 
Kaydon (2)  3,070  135 
Kennametal  10,600  312 
Lincoln Electric Holdings  6,090  393 
Lindsay (2)  1,750  179 
Met-Pro (2)  11,169  125 
Middleby (1)(2)  2,200  137 
Mueller Industries  4,200  121 
Mueller Water Products, Class B (2)  14,943  118 
NACCO Industries  600  49 
NN  7,300  71 
Nordson  4,110  221 
Oshkosh  8,900  323 
Pentair  13,460  429 
RBC Bearings (1)  3,800  141 
Robbins & Myers  5,400  176 
SPX  6,805  714 
Tennant  2,400  96 
Timken  12,600  374 
Titan International (2)  3,000  92 
Toro (2)  5,080  210 
Trinity Industries (2)  11,279  301 
TurboChef (1)(2)  17,099  112 
Twin Disc  3,600  57 
Valmont Industries (2)  3,200  281 
Wabash National (2)  4,790  43 
Wabtec  5,930  223 
Watts Water Technologies, Class A (2)  4,250  119 
    12,528 
Marine 0.4%     
Alexander & Baldwin (2)  5,350  230 
American Commercial Lines (1)(2)  7,300  115 
Eagle Bulk Shipping (2)  3,800  98 
Genco Shipping & Trading (2)  2,000  113 
Horizon Lines, Class A (2)  1,400  26 
Kirby Corporation (1)  7,500  428 
Overseas Shipholding Group (2)  3,640  255 
    1,265 
Road & Rail 0.8%     
AMERCO (1)(2)  1,800  103 
Arkansas Best (2)  3,210  102 
Con-Way  6,600  327 
Dollar Thrifty Auto Group (1)(2)  2,840  39 
Genesee & Wyoming, Class A (1)  5,618  193 
Heartland Express (2)  10,123  144 
Hertz (1)  11,700  141 
J.B. Hunt Transport Services (2)  14,352  451 
Kansas City Southern Industries (1)(2)  9,900  397 
Knight Transportation (2)  9,292  153 
Landstar Systems  7,900  412 
Old Dominion Freight Line (1)(2)  5,012  160 
Patriot Transportation Holdings (1)(2)  700  55 
Quality Distribution (1)  4,700  15 
Saia (1)  3,300  52 
USA Truck (1)(2)  4,400  57 
Werner Enterprises (2)  7,253  135 
YRC Worldwide (1)(2)  6,730  88 
    3,024 
Trading Companies & Distributors 0.8%     
Applied Industrial Technologies  5,062  151 
Beacon Roofing Supply (1)(2)  7,000  70 
Electro Rent (2)  2,100  32 
Fastenal (2)  15,200  698 
GATX  6,550  256 
H&E Equipment Services (1)(2)  3,600  45 
Interline Brands (1)  4,000  74 
Kaman  3,561  101 
Lawson Products  1,400  39 
MSC Industrial Direct  9,400  397 
NuCo2 (1)  4,000  111 
Rush Enterprises, Class A (1)  2,900  46 
UAP Holding  6,300  242 
United Rentals (1)  9,350  176 
Watsco (2)  3,700  153 
WESCO International (1)(2)  8,351  305 
    2,896 
Transportation Infrastructure 0.1%     
Macquarie Infrastructure (2)  6,500  189 
    189 
 
Total Industrials & Business Services    52,654 
INFORMATION TECHNOLOGY 14.3%     
 
Communications Equipment 1.1%     
ADC Telecommunications (1)  13,300  161 
ADTRAN  7,873  146 
Anaren (1)  2,100  27 
Arris Group (1)  18,953  110 
Avocent (1)  6,900  117 
Aware (1)(2)  6,500  24 
Black Box  2,070  64 
Blue Coat Systems (1)  4,740  104 
Commscope (1)  8,490  296 
Comtech Telecommunications (1)  2,960  115 
Digi International (1)  5,260  61 
Ditech Networks (1)(2)  7,050  21 
Dycom Industries (1)(2)  5,763  69 
Echostar (1)(2)  5,144  152 
EMS Technologies (1)  2,600  71 
Endwave (1)  8,300  50 
F5 Networks (1)  11,000  200 
Finisar (1)(2)  37,000  47 
Foundry Networks (1)  18,500  214 
Harmonic (1)  13,554  103 
Harris Stratex Networks, Class A (1)(2)  6,726  67 
InterDigital (1)(2)  5,960  118 
IXIA (1)(2)  11,700  91 
KVH Industries (1)  7,400  58 
Mastec (1)  13,650  112 
MRV Communications (1)(2)  11,520  16 
Netgear (1)  5,000  100 
Oplink Communications (1)(2)  1,600  14 
Optical Cable (1)  213  1 
Packeteer (1)(2)  12,750  65 
PC-Tel (1)  8,300  56 
Performance Technologies (1)  8,116  37 
Plantronics  7,350  142 
Polycom (1)  12,250  276 
Powerwave Technologies (1)(2)  24,586  63 
Riverbed Technology (1)  4,700  70 
SeaChange International (1)  11,350  80 
Sonus Networks (1)(2)  42,300  145 
Symmetricom (1)(2)  6,400  22 
Tekelec (1)(2)  10,630  132 
Telkonet (1)(2)  7,100  6 
Tollgrade Communications (1)  7,250  38 
ViaSat (1)  3,900  85 
Vyyo (1)(2)  18,600  8 
    3,954 
Computers & Peripherals 1.0%     
Avid Technology (1)(2)  5,626  137 
Brocade Communications Systems (1)  54,639  399 
Cray (1)  9,177  55 
Datalink (1)  6,400  25 
Diebold  8,890  334 
Electronics for Imaging (1)  7,700  115 
Emulex (1)  12,540  204 
Hutchinson Technology (1)(2)  3,920  62 
Hypercom (1)(2)  10,020  43 
Imation (2)  3,830  87 
Immersion (1)  6,700  48 
Intermec (1)(2)  7,410  164 
Intevac (1)  4,300  56 
Isilon Systems (1)(2)  12,900  63 
LaserCard (1)(2)  6,350  54 
Mobility Electronics (1)(2)  2,900  4 
NCR (1)  19,100  436 
Novatel (1)(2)  10,150  98 
Overland Storage (1)(2)  3,132  4 
Palm (1)  38,900  194 
Presstek (1)(2)  10,922  48 
Quantum (1)(2)  13,140  28 
Rackable Systems (1)  4,200  38 
Rimage (1)  2,800  61 
STEC (1)(2)  8,600  53 
Synaptics (1)(2)  3,650  87 
Video Display (1)(2)  8,180  60 
Western Digital (1)  27,021  731 
    3,688 
Electronic Equipment & Instruments 2.7%     
Agilysys (2)  3,452  40 
Amphenol, Class A  20,572  766 
Anixter International (1)(2)  5,800  371 
Arrow Electronics (1)  15,775  531 
Avnet (1)  16,750  548 
AVX (2)  9,802  126 
Benchmark Electronics (1)  8,900  160 
Brightpoint (1)(2)  7,579  63 
CalAmp (1)(2)  6,500  18 
Checkpoint Systems (1)  5,460  147 
Coherent (1)(2)  3,650  102 
CTS  3,450  37 
Daktronics  5,800  104 
Dolby Laboratories, Class A (1)  4,940  179 
DTS (1)(2)  2,800  67 
Echelon (1)(2)  2,500  34 
Electro Scientific Industries (1)  5,100  84 
Excel Technologies (1)  2,500  67 
FARO Technologies (1)(2)  700  22 
First Solar (1)  4,700  1,086 
FLIR Systems (1)(2)  17,000  512 
Gerber Scientific (1)  4,100  36 
I.D. Systems (1)(2)  4,500  34 
Ingram Micro, Class A (1)  16,962  269 
Insight Enterprises (1)  7,050  123 
Itron (1)  4,300  388 
Keithley Instruments  2,900  28 
KEMET (1)(2)  12,300  50 
L-1 Identity Solutions (1)(2)  8,329  111 
LeCroy (1)(2)  4,600  40 
Lo-Jack (1)  3,500  44 
Maxwell Technologies (1)(2)  7,100  72 
Mercury Computer Systems (1)  8,500  48 
Merix (1)  8,000  16 
Methode Electronics  5,750  67 
Mettler-Toledo International (1)  3,800  369 
MTS Systems  2,250  73 
National Instruments  6,750  176 
Newport (1)(2)  4,050  45 
Nu Horizons Electronics (1)(2)  4,200  26 
OSI Systems (1)  2,738  63 
Park Electrochemical  2,600  67 
PC Connection (1)(2)  5,800  46 
Photon Dynamics (1)(2)  5,450  58 
Planar Systems (1)  5,800  23 
Plexus (1)  7,760  218 
RadiSys (1)(2)  5,200  53 
Research Frontiers (1)(2)  13,000  88 
Rofin-Sinar Technology (1)  2,800  126 
Rogers (1)  2,450  82 
ScanSource (1)  3,600  130 
Sigmatron International (1)  1,300  8 
Sunpower (1)(2)  2,900  216 
Tech Data (1)  7,480  245 
Technitrol  5,450  126 
Trimble Navigation (1)(2)  15,012  429 
TTM Technologies (1)  6,250  71 
Vishay Intertechnology (1)  27,778  252 
Wireless Xcessories (1)(2)  4,500  6 
X-Rite (1)  7,400  44 
Zygo (1)  3,820  48 
    9,478 
Internet Software & Services 1.0%     
Ariba (1)(2)  16,615  161 
Art Technology Group (1)  23,000  89 
Bankrate (1)(2)  700  35 
Chordiant Software (1)  14,108  85 
CNET Networks (1)(2)  23,991  170 
DealerTrack (1)(2)  5,100  103 
Digital River (1)(2)  5,250  163 
Earthlink (1)  19,140  145 
Entrust Technologies (1)  5,600  14 
Equinix (1)  5,760  383 
InfoSpace.com  8,250  95 
Internap Network Services (1)(2)  9,800  49 
Internet Capital Group (1)(2)  2,500  26 
Interwoven (1)  9,466  101 
J2 Global Communications (1)  7,300  163 
Jupitermedia (1)  6,800  14 
Keynote Systems (1)(2)  4,073  48 
LoopNet (1)(2)  1,500  19 
Marchex, Class B (2)  6,300  63 
Move (1)(2)  23,450  72 
Omniture (1)  7,505  174 
Openwave Systems (2)  14,000  34 
Perficient (1)(2)  5,000  40 
RealNetworks (1)  6,000  34 
Saba Software (1)(2)  24,887  93 
SAVVIS (1)(2)  5,073  83 
SonicWALL (1)  12,700  104 
SupportSoft (1)(2)  10,200  34 
Taleo, Class A (1)  5,500  107 
Terremark Worldwide (1)(2)  8,300  45 
The Knot (1)(2)  2,300  27 
Travelzoo (1)(2)  2,900  32 
United Online  10,675  113 
ValueClick (1)  14,591  252 
WebMD Health (1)(2)  3,100  73 
Websense (1)(2)  6,900  129 
    3,372 
IT Services 2.4%     
Acxiom  8,000  95 
Alliance Data Systems (1)  10,600  504 
BearingPoint (1)(2)  30,200  51 
Broadridge Financial Solutions  20,200  356 
CACI International, Class A (1)  4,300  196 
CIBER (1)  8,240  40 
CSG Systems International (1)  5,600  64 
CyberSource (1)  9,685  142 
DST Systems (1)(2)  6,363  418 
Edgewater Technology (1)  6,667  35 
Euronet Worldwide (1)(2)  6,350  122 
Forrester Research (1)  2,300  61 
Gartner (1)(2)  11,050  214 
Gevity HR  27,760  240 
Global Cash Access (1)(2)  6,400  38 
Global Payments  9,812  406 
Heartland Payment Systems (2)  5,100  117 
Hewitt Associates, Class A (1)  13,790  548 
iGate (1)  8,000  57 
InfoUSA  6,900  42 
Integral Systems (2)  2,643  77 
Iron Mountain (1)  21,477  568 
Man Tech International, Class A (1)  3,000  136 
Mastercard, Class A (2)  9,000  2,007 
Maximus  2,900  106 
Moneygram International (2)  10,509  20 
MPS Group (1)  13,640  161 
Neustar, Class A (1)(2)  9,600  254 
Perot Systems, Class A (1)  9,870  148 
RightNow Technologies (1)(2)  15,600  186 
Saic (1)(2)  19,600  364 
Sapient (1)(2)  17,450  121 
SRA International, Class A (1)  6,560  160 
Startek (1)  5,500  51 
Sykes Enterprises (1)  4,200  74 
Syntel (2)  3,710  99 
The Hackett Group (1)  4,700  18 
TNS (1)  3,200  66 
Verifone Holdings (1)(2)  7,800  124 
Wright Express (1)  5,000  154 
    8,640 
Office Electronics 0.1%     
Zebra Technologies (1)  9,325  311 
    311 
Semiconductor & Semiconductor Equipment 2.5%     
Actel (1)  5,850  90 
Advanced Energy Industries (1)  7,650  101 
Aehr Test Systems (1)  11,504  97 
Amkor Technology (1)(2)  23,120  247 
Amtech Systems (1)  5,800  70 
ANADIGICS (1)(2)  10,195  67 
Asyst Technology (1)  11,450  40 
Atheros Communications (1)(2)  8,750  182 
Atmel (1)  46,500  162 
Axcelis Technologies (1)  15,830  89 
Brooks Automation (1)  13,216  128 
Cabot Microelectronics (1)  3,382  109 
Centillium Communications (1)  4,400  3 
Cirrus Logic (1)  15,540  104 
Cognex  6,050  132 
Cohu (2)  4,000  65 
Cree (1)(2)  11,200  313 
Cymer (1)(2)  5,900  154 
Cypress Semiconductor (1)  20,850  492 
Diodes (1)(2)  3,750  82 
DSP Group (1)  3,990  51 
EMCORE (1)(2)  8,500  49 
Entegris (1)  15,477  111 
Exar (1)(2)  6,250  51 
Fairchild Semiconductor, Class A (1)  18,910  225 
FEI (1)  4,150  91 
Formfactor (1)  6,500  124 
FSI International (1)  8,200  11 
Hi/fn (1)  7,709  39 
Hittite Microwave (1)  3,300  123 
Integrated Device Technology (1)  29,659  265 
Integrated Silicon Solution (1)  8,244  50 
International Rectifier (1)  10,520  226 
Intersil, Class A  19,376  497 
IXYS (1)(2)  4,500  31 
Kopin (1)(2)  8,100  21 
Kulicke & Soffa (1)  11,660  56 
Lam Research (1)  17,420  666 
LTX (1)(2)  11,850  37 
Mattson Technology (1)  15,743  96 
Microsemi (1)(2)  10,500  239 
Mindspeed Technologies (1)(2)  8,950  4 
MKS Instruments (1)  5,000  107 
MoSys (1)(2)  9,600  42 
Nanometrics (1)  7,600  54 
Netlogic Microsystems (1)(2)  2,900  70 
Omnivision Technologies (1)(2)  8,430  142 
ON Semiconductor (1)(2)  45,460  258 
PDF Solutions (1)(2)  4,601  25 
Pericom Semiconductor (1)  6,100  89 
Photronics (1)  8,760  84 
PLX Technology (1)(2)  6,000  40 
PMC-Sierra (1)(2)  25,600  146 
Rambus (1)(2)  12,230  285 
RF Micro Devices (1)(2)  24,839  66 
Rudolph Technologies (1)(2)  5,100  50 
Semitool (1)(2)  4,000  33 
Semtech (1)  7,800  112 
Sigma Designs (1)(2)  3,600  82 
Silicon Image (1)(2)  12,100  61 
Silicon Laboratories (1)  8,550  270 
Silicon Storage Technology (1)  10,590  28 
SiRF Technology Holdings (1)(2)  7,400  38 
Skyworks Solutions (1)(2)  25,216  184 
Spansion, Class A (1)(2)  14,400  40 
SRS Labs (1)  8,800  47 
Standard Microsystems (1)  5,000  146 
Tessera Technologies (1)  6,860  143 
Trident Microsystems (1)  8,700  45 
Ultratech (1)  5,600  54 
Varian Semiconductor Equipment (1)  10,543  297 
Veeco (1)(2)  5,029  84 
Virage Logic (1)  5,100  29 
Zoran (1)  8,387  115 
    9,056 
Software 3.5%     
ACI Worldwide (1)(2)  4,600  92 
Activision (1)  36,533  998 
Actuate (1)  13,400  55 
Advent Software (1)(2)  3,200  136 
Ansoft (1)  6,000  183 
Ansys (1)  10,140  350 
AuthentiDate Holding (1)(2)  4,450  2 
BEA Systems (1)  52,072  997 
Blackbaud (2)  5,800  141 
Blackboard (1)  3,700  123 
Borland Software (1)(2)  20,510  41 
Bottomline Technologies (1)  6,600  83 
Cadence Design Systems (1)(2)  32,917  352 
CallWave (1)(2)  4,500  12 
Captaris (1)  9,600  42 
Catapult Communications (1)(2)  5,200  27 
Commvault Systems (1)  1,200  15 
Concur Technologies (1)(2)  5,200  161 
Digimarc (1)  5,700  57 
Epicor Software (1)  9,800  110 
EPIQ Systems (1)(2)  4,700  73 
FactSet Research Systems (2)  5,100  275 
Fair Isaac (2)  7,485  161 
FalconStor Software (1)(2)  7,800  59 
Informatica (1)  13,050  223 
Interactive Intelligence (1)  4,353  51 
InterVoice (1)  6,600  52 
Jack Henry & Associates  8,650  213 
JDA Software Group (1)  4,900  89 
Lawson Software (1)  17,100  129 
Macrovision (1)  7,010  95 
Magma Design Automation (1)(2)  8,750  84 
Manhattan Associates (1)  4,160  95 
McAfee (1)  20,392  675 
Mentor Graphics (1)  11,280  100 
MICROS Systems (1)  9,840  331 
MicroStrategy (1)  1,306  97 
Napster (1)(2)  5,500  8 
NAVTEQ (1)  13,400  911 
Nuance Communications (1)  20,311  354 
OPNET Technologies (1)  4,800  39 
Parametric Technology (1)  13,700  219 
Peerless Systems (1)(2)  3,300  6 
Pegasystems (2)  5,300  51 
Phoenix Technologies (1)  7,800  122 
PLATO Learning (1)(2)  6,466  19 
Progress Software (1)  4,450  133 
Quality Systems (2)  2,400  72 
Quest Software (1)  3,400  44 
Radiant Systems (1)  5,150  72 
Red Hat (1)(2)  33,150  610 
Renaissance Learning (2)  2,350  33 
Salary.com (1)  4,000  26 
Salesforce.com (1)  11,140  645 
Secure Computing (1)(2)  14,190  91 
Smith Micro Software (1)(2)  5,400  33 
Sonic Solutions (1)(2)  7,300  70 
Sourcefire (1)(2)  8,500  51 
SPSS (1)  3,400  132 
Sybase (1)  10,822  285 
Symyx Technologies (1)(2)  9,550  72 
Synchronoss Tech (1)(2)  1,200  24 
Synopsys (1)  18,286  415 
Take-Two Interactive Software (1)  10,545  269 
TeleCommunication Systems (1)  5,800  18 
THQ (1)  8,362  182 
TIBCO Software (1)  27,980  200 
TiVo (1)(2)  26,000  228 
Ultimate Software Group (1)(2)  5,600  168 
Vasco Data Security International (1)  2,600  36 
Wind River Systems (1)  32,646  253 
    12,670 
 
Total Information Technology    51,169 
MATERIALS 6.5%     
 
Chemicals 3.0%     
A. Schulman  4,350  89 
Airgas  9,950  452 
Albermarle  9,400  343 
American Vanguard  4,566  76 
Arch Chemicals  3,390  126 
Cabot  8,150  228 
Calgon Carbon (1)(2)  8,700  131 
Celanese, Series A  15,421  602 
CF Industries  6,600  684 
Chemtura  32,700  240 
Cytec Industries  6,760  364 
Ferro  6,360  94 
Flotek Industries (1)(2)  1,200  17 
FMC  9,400  522 
Georgia Gulf (2)  14,150  98 
H.B. Fuller  7,540  154 
Huntsman  13,500  318 
ICO (1)  6,400  44 
Koppers  3,900  173 
Lubrizol  8,300  461 
Minerals Technologies  2,355  148 
Mosaic (1)  19,884  2,040 
Nalco  17,363  367 
Nanophase Technologies (1)(2)  9,700  31 
NewMarket  2,300  174 
NL Industries (2)  8,590  94 
Olin  8,590  170 
OM Group (1)  3,750  205 
OMNOVA Solutions (1)  8,900  35 
PolyOne (1)  12,930  82 
Rockwood Holdings (1)  6,700  220 
RPM  14,200  297 
Scotts Miracle Gro  6,000  195 
Sensient Technologies  5,080  150 
Spartech  4,940  42 
Terra Industries (1)(2)  13,360  475 
Valspar  10,900  216 
W. R. Grace (1)(2)  7,800  178 
Wellman (2)  4,300  — 
Westlake Chemical (2)  5,121  67 
Zep (2)  2,375  39 
Zoltek (1)(2)  4,000  106 
    10,547 
Construction Materials 0.3%     
Eagle Materials (2)  5,470  195 
Headwaters (1)(2)  6,600  87 
Martin Marietta Materials (2)  5,400  573 
Texas Industries (2)  3,480  209 
US Concrete (1)(2)  6,400  24 
Vulcan Materials (2)  958  64 
    1,152 
Containers & Packaging 1.1%     
AptarGroup  7,760  302 
Caraustar Industries (1)(2)  8,450  11 
Chesapeake (2)  9,460  45 
Crown Cork & Seal (1)  23,850  600 
Graphic Packaging Holding (1)(2)  29,313  86 
Greif Brothers  3,900  265 
Myers Industries  5,315  70 
Owens-Illinois (1)  20,472  1,155 
Packaging Corporation of America  8,855  198 
Rock-Tenn, Class A  4,590  138 
Silgan Holdings  4,360  216 
Smurfit-Stone Container (1)  30,200  233 
Sonoco Products  10,287  295 
Temple-Inland (2)  13,700  174 
    3,788 
Metals & Mining 1.8%     
AK Steel (2)  17,584  957 
Allied Nevada Gold (1)(2)  8,500  44 
AMCOL International (2)  4,650  145 
Brush Engineered Materials (1)  3,400  87 
Carpenter Technology  6,400  358 
Century Aluminum (1)  4,143  274 
Cleveland-Cliffs  5,700  683 
Coeur d'Alene Mines (1)  40,000  162 
Commercial Metals  15,200  456 
Compass Minerals  4,500  265 
General Moly (1)(2)  4,100  33 
Haynes International (1)(2)  400  22 
Hecla Mining (1)(2)  20,350  227 
Kaiser Aluminum (2)  800  55 
Quanex (2)  4,640  240 
Reliance Steel & Aluminum  8,400  503 
Royal Gold (2)  4,350  131 
RTI International Metals (1)(2)  3,200  145 
Schnitzer Steel, Class A  3,575  254 
Sims Group, ADR (2)  6,355  175 
Steel Dynamics  25,328  837 
Stillwater Mining (1)(2)  9,916  153 
Synalloy (2)  3,500  43 
Universal Stainless & Alloy Products (1)(2)  1,800  53 
US Gold (1)  24,900  63 
Worthington Industries (2)  8,863  150 
    6,515 
Paper & Forest Products 0.3%     
AbitiBibowater  5,684  74 
Buckeye Technologies (1)  8,800  98 
Deltic Timber (2)  2,100  117 
Domtar (1)  67,100  458 
Glatfelter  9,600  145 
Louisiana Pacific (2)  16,000  147 
Schweitzer-Mauduit International  4,130  96 
Wausau Paper (2)  9,000  74 
    1,209 
 
Total Materials    23,211 
TELECOMMUNICATION SERVICES 1.6%     
 
Diversified Telecommunication Services 0.6%     
Alaska Communications Systems Group (2)  7,200  88 
CBeyond (1)(2)  1,300  24 
Cincinnati Bell (1)  30,600  130 
Cogent Communications Group (1)(2)  7,600  139 
Consolidated Communications (2)  104  2 
D&E Communications  6,609  59 
General Communication, Class A (1)(2)  11,270  69 
Hickory Technology  21,500  176 
IDT, Class B (2)  8,229  32 
Level 3 Communications (1)(2)  188,807  400 
nTelos  5,200  126 
Paetec Holding (1)(2)  11,000  73 
Premiere Global Services (1)  13,100  188 
Shenandoah Telecomm  5,700  85 
SureWest Communications (2)  2,250  35 
Time Warner Telecom, Class A (1)(2)  18,910  293 
Warwick Valley Telephone (2)  6,697  79 
    1,998 
Wireless Telecommunication Services 1.0%     
Centennial Communications (1)(2)  15,090  89 
Clearwire (1)(2)  7,300  108 
Crown Castle International (1)  27,352  943 
Leap Wireless International (1)(2)  7,500  350 
MetroPCS Communications (1)(2)  8,600  146 
NII Holdings, Class B (1)  24,034  764 
Rural Cellular, Class A  (1)(2)  2,300  102 
SBA Communications (1)  12,900  385 
Syniverse (1)  5,202  87 
Telephone & Data Systems  11,590  455 
TerreStar (1)(2)  2,700  13 
U.S. Cellular (1)  4,693  258 
    3,700 
 
Total Telecommunication Services    5,698 
TRUSTS & MUTUAL FUNDS 0.0%     
BlackRock Kelso Capital (2)  2,300  28 
Total Trusts & Mutual Funds    28 
UTILITIES 5.1%     
 
Electric Utilities 1.0%     
ALLETE  3,082  119 
Central Vermont Public Service  3,600  86 
Cleco  7,600  169 
DPL (2)  13,042  334 
El Paso Electric (1)  5,800  124 
Empire District Electronics  5,960  121 
Great Plains Energy (2)  12,933  319 
Hawaiian Electric Industries (2)  9,300  222 
IdaCorp (2)  5,010  161 
ITC Holdings  6,200  323 
MGE Energy (2)  4,600  157 
Northeast Utilities  17,200  422 
Otter Tail (2)  4,350  154 
Portland General Electric  5,500  124 
Sierra Pacific Resources  29,300  370 
Unisource Energy  3,150  70 
United Illuminating (2)  4,133  125 
Unitil  4,100  110 
Westar Energy  8,450  192 
    3,702 
Gas Utilities 1.6%     
AGL Resources  12,150  417 
Atmos Energy  12,060  307 
Energen  7,520  468 
EnergySouth (2)  2,250  117 
Equitable Resources  14,760  869 
Laclede Gas (2)  3,810  136 
National Fuel Gas Company (2)  14,530  686 
New Jersey Resources (2)  4,275  133 
Northwest Natural Gas (2)  3,790  165 
ONEOK  16,172  722 
Piedmont Natural Gas (2)  8,100  213 
RGC Resources  4,243  118 
South Jersey Industries (2)  4,320  152 
Southern Union  16,702  389 
Southwest Gas  8,880  248 
UGI  18,260  455 
Washington Gas Light (2)  5,900  189 
    5,784 
Independent Power Producers & Energy Traders 1.0%     
Mirant (1)  33,200  1,208 
NRG Energy (1)  29,700  1,158 
Ormat Technologies (2)  3,700  159 
Reliant Energy (1)  44,144  1,044 
    3,569 
Multi-Utilities 1.2%     
Alliant Energy  12,848  450 
Avista  5,990  117 
Black Hills (2)  4,440  159 
CH Energy Group (2)  2,850  111 
Energy East  17,450  421 
Florida Public Utilities  11,449  128 
MDU Resources Group  19,391  476 
Northwestern  4,600  112 
NSTAR (2)  10,774  328 
OGE Energy  9,150  285 
PNM Resources (2)  7,619  95 
Puget Energy  11,848  306 
SCANA  13,140  481 
Vectren (2)  8,749  235 
Wisconsin Energy  13,170  579 
    4,283 
Water Utilities 0.3%     
American States Water Company (2)  2,700  97 
Aqua America (2)  19,746  371 
California Water Service Group (2)  3,200  122 
Connecticut Water Service  7,950  188 
Pennichuck (2)  4,066  94 
    872 
Total Utilities    18,210 
Total Common Stocks (Cost $324,971)    346,262 
CONVERTIBLE PREFERRED STOCKS 0.0%     
HEALTH CARE 0.0%     
Health Care Providers & Services 0.0%     
National Healthcare, Series A (2)  3,400  47 
Total Convertible Preferred Stocks (Cost $45)    47 
SHORT-TERM INVESTMENTS 3.4%     
Money Market Funds 3.0%     
T. Rowe Price Reserve Investment Fund, 3.29% (3)(4)  10,915,148  10,915 
    10,915 
U.S. Treasury Obligations 0.4%     
U.S. Treasury Bills, 3.202%, 6/19/08 (5)  1,400,000  1,390 
    1,390 
Total Short-Term Investments (Cost $12,305)    12,305 
SECURITIES LENDING COLLATERAL 24.3%     
Money Market Trust 24.3%     
State Street Bank and Trust Company of New Hampshire N.A.     
Securities Lending Quality Trust units, 3.28% (3)  86,923,047  86,923 
Total Securities Lending Collateral (Cost $86,923) 

  86,923 
Total Investments in Securities     
124.3% of Net Assets (Cost $424,244)  $  445,537 


 
 
 
 
‡  Denominated in U.S. dollars unless otherwise noted. 
(1)  Non-income producing 
(2)  All or a portion of this security is on loan at March 31, 2008 -- total value of such 
  securities at period-end amounts to $87,042. See Note 3. 
(3)  Seven-day yield 
(4)  Affiliated Companies 
(5)  All or a portion of this security is pledged to cover margin requirements on futures 
  contracts at March 31, 2008. 
ADR  American Depository Receipts 
REIT  Real Estate Investment Trust 

Open Futures Contracts at March 31, 2008 were as follows:     
($ 000s)           
      Contract    Unrealized 
  Expiration    Value    Gain (Loss) 
Long, 68 Russell Mini 2000 Index contracts           
$617 par of 3.202% U.S. Treasury Bills           
pledged as initial margin         6/08  $  4,692  $  154 
Long, 84 S&P Midcap Mini 400 contracts           
$580 par of 3.202% U.S. Treasury Bills           
pledged as initial margin         6/08    6,565    105 
Long, 10 S&P Mini 500 Index contracts           
$78 par of 3.202% U.S. Treasury Bills           
pledged as initial margin         6/08    662    11 
Net payments (receipts) of variation           
margin to date          (177) 
Variation margin receivable (payable)           
on open futures contracts        $  93 




(4) 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 which is under common 
ownership or control.               
 
Purchase    Sales    Investment  Value   
Affiliate  Cost    Cost    Income  3/31/08  12/31/07 
T. Rowe Price Reserve               
Investment               
Fund, 3.29%  ¤    ¤    $130   $10,915   $25,075 
 
Totals          $130   $10,915   $25,075 
 
¤ Purchase and sale information not shown for cash management funds.     
 
 
Other information for the period ended March 31, 2008 related to affiliated companies is as follows: 
 
Investment in securities, at cost    $  10,915       
     Dividend income      130       
     Interest income        -       
Investment income    $  130       
Realized gain (loss) on securities    $    -       
Capital gain distributions from               
mutual funds    $    -       

The accompanying notes are an integral part of this Portfolio of Investments.




T. Rowe Price Extended Equity Market Index Fund   
Unaudited  March 31, 2008 
Notes To Portfolio of Investments   

T. Rowe Price Index Trust, Inc. (the trust), is registered under the Investment Company Act of 1940 (the 1940 Act). The Extended Equity Market Index Fund (the fund), a diversified, open-end management investment company, is one portfolio established by the trust. The fund seeks to match the performance of the U.S. stocks not included in the Standard & Poor's 500 Stock Index®, as represented by the Dow Jones Wilshire 4500 Completion Index.

NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES

Basis of Preparation

The accompanying Portfolio of Investments was prepared in accordance with accounting principles generally accepted in the United States of America, which require the use of estimates made by fund management. Fund management believes that estimates and security valuations are appropriate; however, actual results may differ from those estimates, and the security valuations reflected in the Portfolio of Investments may differ from the value the fund receives upon sale of the securities.

Investment Transactions

Investment transactions are accounted for on the trade date.

New Accounting Pronouncement

On January 1, 2008, the fund adopted Statement of Financial Accounting Standards No. 157 (FAS 157), Fair Value Measurements. FAS 157 defines fair value, establishes the framework for measuring fair value, and expands the disclosures of fair value measurements in the financial statements. Adoption of FAS 157 did not have a material impact on the fund’s net assets or results of operations.

NOTE 2 – VALUATION

The fund’s investments are reported at fair value as defined under FAS 157. The fund values its investments and computes its net asset value per share at the close of the New York Stock Exchange (NYSE), normally 4 p.m. ET, each day that the NYSE is open for business.

Valuation Methods

Equity securities listed or regularly traded on a securities exchange or in the over-the-counter (OTC) market are valued at the last quoted sale price at the time the valuations are made, except for OTC Bulletin Board securities, which are valued at the mean of the latest 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 latest bid and asked prices. Debt securities with original maturities of less than one year generally use amortized cost in local currency to approximate fair value; however, if amortized cost is deemed not to reflect fair value, such securities are valued at prices furnished by dealers who make markets in such securities or by an independent pricing service.

Investments in mutual funds are valued at the mutual fund’s closing net asset value per share on the day of valuation. Financial futures contracts are valued at closing settlement prices.

Other investments, including restricted securities, and those for which the above valuation procedures are inappropriate or are deemed not to reflect fair value are stated at fair value as determined in good faith by the T. Rowe Price Valuation Committee, established by the fund’s Board of Directors.

Valuation Inputs

Various inputs are used to determine the value of the fund’s investments. These inputs are summarized in the three broad levels listed below:

Level 1  –  quoted prices in active markets for identical securities 
Level 2  –  observable inputs other than Level 1 quoted prices (including, but not limited to, 
    quoted prices for similar securities, interest rates, prepayment speeds, credit risk) 
Level 3  –  unobservable inputs 

Observable inputs are those based on market data obtained from sources independent of the fund, and unobservable inputs reflect the fund’s own assumptions based on the best information available. The input levels are not necessarily an indication of the risk or liquidity associated with investments at that level. The following table summarizes the fund’s investments, based on the inputs used to determine their values on March 31, 2008:

                                     Valuation Inputs    Investments in    Other Financial 
    Securities    Instruments* 
Level 1 – quoted prices  $  433,095,000  $  0 
Level 2 – significant other observable inputs    12,442,000    93,000 
Level 3 – significant unobservable inputs    0    0 
Total  $  445,537,000  $  93,000 

*      Other financial instruments are derivative instruments not reflected in the Portfolio of Investments, such as futures contracts, forward currency exchange contracts, written options, and swaps, which are presented following the Portfolio of Investments.
 

NOTE 3 - INVESTMENT TRANSACTIONS

Consistent with its investment objective, the fund engages in the following practices to manage exposure to certain risks 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.

Futures Contracts

The fund may invest in futures contracts, which provide for the future sale by one party and purchase by another of a specified amount of a specific financial instrument at an agreed upon price, date, time, and place. Risks arise from possible illiquidity of the futures market and from movements in security values.

Securities Lending

The fund lends its securities to approved brokers to earn additional income. It receives as collateral cash and U.S. government securities valued at 102% to 105% of the value of the securities on loan. Cash collateral is invested by the fund’s lending agent(s) in accordance with investment guidelines approved by fund management. Although risk is mitigated by the collateral, 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 or if collateral investments decline in value. On March 31, 2008, the value of loaned securities was $87,042,000; aggregate collateral received included U.S. government securities valued at $1,983,000.

NOTE 4 - FEDERAL INCOME TAXES

At March 31, 2008, the cost of investments for federal income tax purposes was $424,244,000. Net unrealized gain aggregated $21,563,000 at period-end, of which $73,982,000 related to appreciated investments and $52,419,000 related to depreciated investments.

NOTE 5 - RELATED PARTY TRANSACTIONS

The fund may invest in the T. Rowe Price Reserve Investment Fund and the T. Rowe Price Government Reserve Investment Fund (collectively, the T. Rowe Price Reserve Investment Funds), open-end management investment companies managed by T. Rowe Price Associates, Inc. (Price Associates), and considered affiliates of the fund. The T. Rowe Price Reserve Investment Funds are offered as cash management options to mutual funds, trusts, and other accounts managed by Price Associates and/or its affiliates and are not available for direct purchase by members of the public. The T. Rowe Price Reserve Investment Funds pay no investment management fees.




T. ROWE PRICE TOTAL EQUITY MARKET INDEX FUND     
Unaudited    March 31, 2008 
Portfolio of Investments ‡  Shares/$ Par  Value 
(Cost and value in $000s)     
 
COMMON STOCKS 95.4%     
 
CONSUMER DISCRETIONARY 9.3%     
 
Auto Components 0.3%     
American Axle & Manufacturing (1)  2,300  47 
Arvinmeritor (1)  3,100  39 
Borg-Warner  3,200  138 
Cooper Tire  3,200  48 
Gentex (1)  5,600  96 
Goodyear Tire & Rubber (2)  7,700  199 
Johnson Controls  18,300  619 
Lear (2)  2,600  67 
Modine Manufacturing (1)  2,000  29 
Proliance International (1)(2)  6,553  12 
Standard Motor Products  5,600  34 
TRW (2)  3,100  72 
Visteon (1)(2)  9,186  34 
WABCO  1,833  84 
    1,518 
Automobiles 0.2%     
Fleetwood (1)(2)  7,100  33 
Ford Motor (1)(2)  66,761  382 
GM (1)  18,352  350 
Harley-Davidson (1)  7,000  262 
Thor Industries (1)  1,800  53 
Winnebago (1)  2,000  34 
    1,114 
Distributors 0.0%     
Genuine Parts  4,300  173 
Handleman (1)(2)  2,200  1 
Infosonics (1)(2)  8,300  8 
    182 
Diversified Consumer Services 0.3%     
Apollo Group, Class A (2)  4,225  183 
Bright Horizons Family Solutions (2)  1,600  69 
Career Education (1)(2)  3,100  40 
Corinthian Colleges (1)(2)  3,600  26 
DeVry  2,200  92 
H&R Block  22,600  469 
ITT Educational Services (1)(2)  1,400  64 
Matthews International, Class A  1,600  77 
Regis  2,000  55 
Service Corporation International  10,000  101 
Sotheby's (1)  2,552  74 
Stewart Enterprises, Class A (1)  6,400  41 
Strayer Education (1)  500  76 
Weight Watchers (1)  2,500  116 
    1,483 
Hotels, Restaurants & Leisure 1.7%     
Bob Evans Farms (1)  2,500  69 
Boyd Gaming (1)  2,700  54 
Brinker  3,825  71 
Carnival  16,300  660 
CEC Entertainment (2)  1,300  38 
Chipotle Mexican Grill (1)(2)  1,300  148 
Choice Hotels International (1)  3,100  106 
Cracker Barrel (1)  1,900  68 
Darden Restaurants  4,300  140 
Gaylord Entertainment (1)(2)  1,500  45 
International Game Technology  16,500  664 
International Speedway, Class A  1,600  66 
Jack In The Box (2)  3,400  91 
Krispy Kreme (1)(2)  4,200  13 
Landry's Seafood Restaurant (1)  1,100  18 
Las Vegas Sands (1)(2)  4,100  302 
Marriott, Class A  12,800  440 
McDonald's  37,800  2,108 
MGM Mirage (2)  4,243  249 
MTR Gaming Group (1)(2)  5,600  39 
Multimedia Games (1)(2)  4,900  26 
Panera Bread, Class A (1)(2)  1,700  71 
Papa John's International (1)(2)  2,000  48 
PF Chang's China Bistro (1)(2)  2,400  68 
Pinnacle Entertainment (1)(2)  16,200  207 
Royal Caribbean Cruises (1)  5,500  181 
Ruby Tuesday (1)  6,400  48 
Shuffle Master (1)(2)  3,200  17 
Six Flags (1)(2)  2,800  5 
Sonic (1)(2)  3,400  75 
Speedway Motorsports (1)  1,600  40 
Starbucks (2)  24,500  429 
Starwood Hotels & Resorts Worldwide  6,200  321 
The Cheesecake Factory (1)(2)  2,300  50 
Triarc, Class B (1)  6,200  43 
Vail Resorts (1)(2)  1,800  87 
Wendy's  2,700  62 
WMS Industries (1)(2)  5,700  205 
Wyndham Worldwide  5,330  110 
Wynn Resorts  2,000  201 
Yum! Brands  16,800  625 
    8,308 
Household Durables 0.7%     
American Greetings, Class A (1)  1,500  28 
Beazer Homes (1)  1,900  18 
Black & Decker (1)  2,000  132 
Blyth  1,500  30 
Cavco Industries (1)(2)  1,940  68 
Centex (1)  3,300  80 
Champion Enterprises (1)(2)  7,100  71 
D. R. Horton  9,460  149 
Ethan Allen Interiors (1)  2,000  57 
Fortune Brands (1)  5,100  354 
Furniture Brands International (1)  2,900  34 
Harman International  1,700  74 
Hovnanian Enterprises (1)(2)  4,900  52 
Jarden (1)(2)  3,895  85 
KB Home  2,500  62 
La-Z-Boy (1)  2,600  22 
Leggett & Platt (1)  5,900  90 
Lennar, Class A  4,200  79 
Levitt, Class A (1)(2)  3,075  6 
MDC Holdings (1)  1,145  50 
Meritage (1)(2)  2,100  41 
Mohawk Industries (1)(2)  1,531  110 
Newell Rubbermaid  7,676  175 
NVR (1)(2)  480  287 
Pulte (1)  6,600  96 
Russ Berrie (1)(2)  3,000  42 
Ryland Group  2,100  69 
Snap-On  1,400  71 
Standard Pacific (1)  7,100  34 
Stanley Furniture (1)  1,200  15 
Stanley Works  2,200  105 
Tempur-Pedic (1)  13,900  153 
Toll Brothers (1)(2)  4,300  101 
Tupperware Brands  3,100  120 
Whirlpool (1)  2,322  201 
    3,161 
Internet & Catalog Retail 0.3%     
Amazon.com (2)  12,100  863 
Blue Nile (1)(2)  1,400  76 
Expedia (2)  10,824  237 
Netflix (1)(2)  2,500  86 
Nutri/System (1)(2)  1,800  27 
Petmed Express (1)(2)  2,500  28 
priceline.com (1)(2)  1,250  151 
ValueVision Media (1)(2)  3,200  18 
    1,486 
Leisure Equipment & Products 0.2%     
Arctic Cat (1)  3,800  28 
Brunswick (1)  2,900  46 
Callaway Golf (1)  2,800  41 
Eastman Kodak (1)  8,300  147 
Hasbro  4,000  112 
MarineMax (1)(2)  1,700  21 
Mattel  10,700  213 
Nautilus Group (1)  1,475  5 
Polaris Industries (1)  1,100  45 
Pool (1)  2,305  43 
    701 
Media 2.7%     
AH Belo (1)(2)  380  4 
Arbitron (1)  680  29 
Belo, Class A  1,900  20 
Cablevision, Class A (2)  8,700  186 
CBS, Class B  21,429  473 
Citadel Broadcasting (1)  7,695  13 
Clear Channel Communications  13,401  392 
Clear Channel Outdoor, Class A (1)(2)  2,900  55 
Comcast, Class A (1)  97,591  1,887 
Cox Radio, Class A (1)(2)  2,200  26 
DIRECTV (2)  32,450  804 
Discovery Holding, Class A (2)  9,100  193 
DISH Network (2)  9,400  270 
Disney  62,140  1,950 
DreamWorks Animation, Class A (2)  3,000  77 
Emmis Communications (1)(2)  1,200  4 
Entercom Communications (1)  1,200  12 
Entravision Communications, Class A (2)  4,400  29 
Gannett  6,800  198 
Getty Images (2)  1,600  51 
Gray Communications Systems (1)  1,700  10 
Harte-Hanks (1)  3,000  41 
Hearst-Argyle Television (1)  1,700  35 
Idearc (1)  4,305  16 
Interactive Data  2,900  83 
Interpublic Group (1)(2)  11,351  96 
John Wiley & Sons  1,900  75 
Journal Register (1)  2,800  2 
Lamar Advertising (1)(2)  2,300  83 
Lee Enterprises (1)  4,700  47 
Liberty Global (1)(2)  11,307  385 
Live Nation (1)(2)  3,475  42 
Marvel Entertainment (1)(2)  3,300  88 
McClatchy (1)  1,916  21 
McGraw-Hill  10,200  377 
Media General, Class A (1)  1,600  22 
Mediacom Communications (1)(2)  2,800  12 
Meredith (1)  1,100  42 
New York Times, Class A (1)  3,400  64 
News Corporation, Class A  73,884  1,385 
Nexstar Broadcasting (1)(2)  4,100  24 
Omnicom  10,400  460 
PRIMEDIA (1)  4,683  34 
R.H. Donnelley (1)(2)  2,340  12 
Regal Entertainment Group, Class A (1)  5,800  112 
Regent Communications (2)  6,500  8 
Scholastic (1)(2)  1,100  33 
Scripps, Class A (1)  3,800  160 
Sirius Satellite Radio (1)(2)  32,400  93 
Spanish Broadcasting, Class A (1)(2)  3,000  5 
Sun-Times Media Group, Class A (1)(2)  3,900  3 
Time Warner  116,620  1,635 
Time Warner Cable, Class A (2)  4,800  120 
Triple Crown Media (2)  6,330  18 
Valassis Communications (1)(2)  2,900  32 
Viacom, Class B (2)  21,029  833 
Washington Post, Class B  220  146 
XM Satellite Radio, Class A (1)(2)  9,400  109 
    13,436 
Multiline Retail 0.7%     
99 Cents Only Stores (1)(2)  2,900  29 
Big Lots (1)(2)  3,700  82 
Dillards, Class A (1)  2,200  38 
Dollar Tree (2)  2,500  69 
Family Dollar Stores (1)  4,500  88 
J.C. Penney  6,200  234 
Kohl's (2)  9,900  425 
Macys  14,166  327 
Nordstrom (1)  7,000  228 
Saks (1)(2)  4,375  54 
Sears Holding (1)(2)  3,831  391 
Target  26,800  1,358 
Tuesday Morning (1)(2)  4,500  23 
    3,346 
Specialty Retail 1.7%     
Abercrombie & Fitch  2,416  177 
Advance Auto Parts  2,350  80 
American Eagle Outfitters  7,250  127 
AnnTaylor Stores (2)  2,300  56 
Autonation (1)(2)  6,300  94 
AutoZone (2)  1,900  216 
Barnes & Noble (1)  1,600  49 
Bed Bath & Beyond (1)(2)  7,500  221 
Best Buy  12,450  516 
Blockbuster, Class A (1)(2)  6,600  22 
Borders Group (1)  2,700  16 
CarMax (1)(2)  6,658  129 
Charming Shoppes (1)(2)  4,000  19 
Chico's (2)  8,200  58 
Christopher & Banks (1)  2,900  29 
Circuit City (1)  4,800  19 
Collective Brands (1)(2)  2,806  34 
Conns (1)(2)  1,000  16 
Cost Plus (1)(2)  900  3 
Dick's Sporting Goods (1)(2)  3,600  96 
Foot Locker  4,300  51 
Franklin Covey (2)  4,100  31 
GameStop (2)  6,370  329 
GAP  21,550  424 
Genesco (1)(2)  900  21 
Group One Automotive (1)  1,600  38 
Hibbett Sports (1)(2)  2,362  37 
Home Depot  59,550  1,666 
Hot Topic (1)(2)  2,350  10 
Lowes  46,800  1,074 
Men's Wearhouse (1)  1,800  42 
O'Reilly Automotive (1)(2)  2,900  83 
Office Depot (2)  8,400  93 
OfficeMax (1)  2,322  44 
Pacific Sunwear (2)  2,325  29 
Pep Boys (1)  1,700  17 
PetSmart  4,100  84 
Pier 1 Imports (1)(2)  3,100  19 
RadioShack (1)  3,700  60 
Rent-A-Center (2)  2,200  40 
Ross Stores  4,200  126 
Sally Beauty Supply (1)(2)  6,700  46 
Select Comfort (1)(2)  5,050  18 
Sherwin-Williams (1)  3,600  184 
Shoe Pavilion (1)(2)  2,400  3 
Staples  19,575  433 
Talbots (1)  1,900  21 
The Children's Place (2)  2,000  49 
The Limited  10,755  184 
Tiffany (1)  3,300  138 
TJX  14,300  473 
Tween Brands (1)(2)  1,657  41 
Urban Outfitters (2)  5,200  163 
West Marine (1)(2)  1,500  10 
Williams-Sonoma (1)  2,700  65 
Zale (1)(2)  1,600  32 
Zumiez (1)(2)  1,400  22 
    8,177 
Textiles, Apparel & Luxury Goods 0.5%     
Coach (2)  12,000  362 
Columbia Sportswear (1)  1,500  66 
Deckers Outdoor (1)(2)  1,000  108 
Fossil (1)(2)  2,200  67 
Hanesbrands (2)  3,000  87 
Iconix Brand Group (1)(2)  4,300  75 
Jones Apparel Group  3,500  47 
K-Swiss, Class A (1)  2,000  32 
Liz Claiborne (1)  2,800  51 
Movado Group  2,000  39 
Nike, Class B  13,400  911 
Orange 21 (1)(2)  7,300  32 
Polo Ralph Lauren (1)  3,200  186 
Quiksilver (1)(2)  5,400  53 
Rocky Brands (1)(2)  8,800  50 
Timberland, Class A (2)  2,100  29 
Unifi (1)(2)  7,500  22 
V. F.  3,600  279 
    2,496 
 
Total Consumer Discretionary    45,408 
CONSUMER STAPLES 9.1%     
 
Beverages 2.1%     
Anheuser-Busch  23,400  1,110 
Brown-Forman, Class B (1)  2,800  185 
Coca-Cola  65,700  3,999 
Coca-Cola Enterprises  10,900  264 
Constellation Brands, Class A (1)(2)  6,000  106 
Hansen Natural (1)(2)  2,700  95 
Molson Coors Brewing, Class B  4,600  242 
Pepsi Bottling Group  6,600  224 
PepsiAmericas  4,500  115 
PepsiCo  53,570  3,868 
    10,208 
Food & Staples Retailing 2.1%     
BJ's Wholesale Club (2)  2,000  71 
Costco Wholesale  14,200  923 
CVS Caremark  47,588  1,928 
Great Atlantic & Pacific Tea (1)(2)  2,100  55 
Kroger  20,600  523 
Longs Drug Stores  1,200  51 
Performance Food Group (2)  2,100  69 
Rite Aid (1)(2)  19,400  57 
Ruddick  2,200  81 
Safeway  15,100  443 
SUPERVALU  5,699  171 
Sysco  18,400  534 
The Pantry (2)  1,400  30 
United Natural Foods (1)(2)  2,200  41 
Wal-Mart  77,900  4,104 
Walgreen  31,700  1,207 
Weis Markets (1)  1,500  52 
Whole Foods Market (1)  4,100  135 
    10,475 
Food Products 1.5%     
Alico (1)  500  22 
Archer-Daniels-Midland  20,172  830 
Bunge Limited (1)  3,800  330 
Campbell Soup  9,500  322 
ConAgra  15,308  367 
Corn Products International  2,800  104 
Dean Foods  3,379  68 
Del Monte Foods  6,811  65 
Flowers Foods  4,015  99 
General Mills  10,600  635 
Hain Celestial Group (1)(2)  2,100  62 
Heinz  8,800  413 
Hershey Foods (1)  6,400  241 
Hormel Foods  3,900  162 
J.M. Smucker  2,416  122 
Kellogg  9,200  484 
Kraft Foods, Class A  49,276  1,528 
Lancaster Colony (1)  1,200  48 
Lance  1,300  25 
McCormick  4,100  152 
Pilgrim's Pride (1)  2,300  47 
Sara Lee  20,000  280 
Smithfield Foods (1)(2)  2,400  62 
Tasty Baking  5,200  30 
Tootsie Roll Industries (1)  1,905  48 
Treehouse Foods (2)  1,375  31 
Tyson Foods, Class A  9,154  146 
Wrigley  8,750  550 
    7,273 
Household Products 2.0%     
Clorox  4,400  249 
Colgate-Palmolive  17,300  1,348 
Energizer (1)(2)  2,000  181 
Kimberly-Clark  12,600  813 
Procter & Gamble  102,912  7,211 
    9,802 
Personal Products 0.2%     
Alberto Culver  2,500  69 
Avon  13,100  518 
Bare Escentuals (1)(2)  3,200  75 
Chattem (1)(2)  1,000  66 
Elizabeth Arden (1)(2)  2,300  46 
Estee Lauder, Class A (1)  5,500  252 
NBTY (2)  2,300  69 
    1,095 
Tobacco 1.2%     
Alliance One International (1)(2)  4,200  25 
Altria Group  68,400  1,519 
Philip Morris (2)  68,400  3,460 
Reynolds American (1)  8,466  500 
Universal (1)  1,200  79 
UST (1)  4,500  245 
Vector Group (1)  3,944  69 
    5,897 
 
Total Consumer Staples    44,750 
ENERGY 11.9%     
 
Energy Equipment & Services 2.7%     
Allis-Chalmers Energy (1)(2)  2,200  30 
Atwood Oceanics (1)(2)  1,400  128 
Baker Hughes  10,800  740 
BJ Services  9,300  265 
Bristow Group (1)(2)  1,200  64 
Cameron International (2)  7,500  312 
Carbo Ceramics (1)  1,200  48 
Diamond Offshore Drilling  3,300  384 
ENSCO International  4,400  276 
Exterran (1)(2)  2,407  155 
FMC Technologies (2)  4,674  266 
Global Industries (2)  4,700  76 
Grant Prideco (2)  3,800  187 
Halliburton  29,500  1,160 
Helix Energy Solutions Group (1)(2)  2,610  82 
Helmerich & Payne  3,200  150 
Hercules Offshore (2)  2,048  52 
ION Geophysical (1)(2)  5,500  76 
Nabors Industries (1)(2)  8,160  276 
National Oilwell Varco (2)  11,668  681 
Newpark Resources (1)(2)  23,100  118 
Noble Drilling  8,700  432 
Oceaneering International (2)  2,400  151 
Oil States International (1)(2)  2,100  94 
OYO Geospace (1)(2)  800  36 
Parker Drilling (1)(2)  6,800  44 
Patterson-UTI Energy (1)  4,600  121 
Pride International (2)  4,700  164 
Rowan (1)  3,100  128 
Schlumberger  39,144  3,406 
Smith International  6,800  437 
Sulphco (1)(2)  5,600  23 
Superior Energy (2)  2,900  115 
TETRA Technologies (2)  3,150  50 
Tidewater (1)  1,300  72 
Transocean (2)  10,679  1,444 
Unit (2)  1,700  96 
W-H Energy Services (1)(2)  1,800  124 
Weatherford International (2)  10,600  768 
    13,231 
Oil, Gas & Consumable Fuels 9.2%     
Anadarko Petroleum  15,158  955 
Apache  11,186  1,352 
Arch Coal  4,692  204 
Arena Resources (2)  4,800  186 
Atlas America (1)  2,600  157 
Bill Barrett (1)(2)  3,100  147 
Cabot Oil & Gas  3,900  198 
Callon Petroleum (1)(2)  4,200  76 
Chesapeake Energy (1)  15,008  693 
Chevron  69,533  5,935 
Cimarex Energy  2,944  161 
CNX Gas (2)  5,200  168 
ConocoPhillips  53,149  4,051 
CONSOL Energy  6,300  436 
Crosstex Energy  4,100  139 
Denbury Resources (2)  8,400  240 
Devon Energy  14,732  1,537 
El Paso Corporation  21,244  354 
Encore Acquisition (2)  3,300  133 
Energy Partners (2)  4,883  46 
EOG Resources  7,800  936 
Evergreen Energy (1)(2)  5,100  8 
ExxonMobil  180,662  15,280 
Fieldpoint Petroleum (1)(2)  7,700  9 
Forest Oil (2)  2,100  103 
Foundation Coal  1,900  96 
Frontier Oil  5,100  139 
General Maritime (1)  2,300  54 
GMX Resources (2)  2,500  87 
Hess  8,800  776 
Holly  1,400  61 
Marathon Oil  19,408  885 
Mariner Energy (1)(2)  4,033  109 
Massey Energy  2,300  84 
Murphy Oil  6,200  509 
Newfield Exploration (1)(2)  3,900  206 
Noble Energy  5,500  400 
Occidental Petroleum  28,100  2,056 
Pacific Ethanol (1)(2)  4,000  18 
Patriot Coal (1)(2)  1,240  58 
Peabody Energy  8,400  428 
Penn Virginia  2,400  106 
Petrohawk Energy (1)(2)  7,500  151 
Petroleum Development (2)  1,900  132 
Pioneer Natural Resources  3,600  177 
Plains Exploration & Production (2)  3,975  211 
Quicksilver Resources (1)(2)  5,500  201 
Range Resources  4,900  311 
Southwestern Energy (2)  11,800  398 
Spectra Energy  23,426  533 
Stone Energy (2)  1,600  84 
Sunoco  4,200  220 
Syntroleum (1)(2)  6,600  4 
Tesoro Petroleum (1)  5,200  156 
Transmeridian Exploration (1)(2)  11,800  11 
Ultra Petroleum (2)  5,100  395 
Valero Energy  18,314  899 
Whiting Petroleum (2)  2,000  129 
Williams Companies  18,185  600 
World Fuel Services  2,400  67 
XTO Energy  15,177  939 
    45,194 
 
Total Energy    58,425 
FINANCIALS 16.2%     
 
Capital Markets 2.6%     
Affiliated Managers Group (1)(2)  2,300  209 
Allied Capital  4,400  81 
American Capital Strategies (1)  5,300  181 
Ameriprise Financial  6,700  347 
Apollo Investment (1)  3,100  49 
Bank of New York Mellon  36,760  1,534 
BlackRock (1)  700  143 
Charles Schwab  35,406  667 
Cohen & Steers (1)  1,900  50 
Eaton Vance (1)  3,500  107 
eSpeed, Class A (1)(2)  5,300  62 
Federated Investors, Class B  2,750  108 
Franklin Resources  6,900  669 
GFI Group (1)  900  51 
Goldman Sachs  12,860  2,127 
Greenhill (1)  1,300  90 
Invesco  8,000  195 
Investment Technology Group (2)  2,300  106 
Janus Capital Group (1)  5,400  126 
Jefferies Group (1)  3,400  55 
Knight Capital Group (2)  5,900  96 
LaBranche & Company (1)(2)  3,900  17 
Legg Mason  3,650  204 
Lehman Brothers (1)  16,868  635 
Merrill Lynch (1)  27,784  1,132 
Morgan Stanley  33,800  1,545 
Northern Trust  5,700  379 
Piper Jaffray (1)(2)  1,215  41 
Raymond James Financial (1)  3,225  74 
SEI  5,600  138 
State Street  12,130  958 
Stifel Financial (2)  1,700  76 
TD Ameritrade (1)(2)  15,000  248 
Waddell & Reed Financial, Class A  2,951  95 
Westwood Holdings Group (1)  3,200  121 
    12,716 
Commercial Banks 3.1%     
1st Source (1)  2,013  42 
Amcore Financial (1)  2,400  49 
Associated Banc (1)  3,767  100 
Bancorp South  2,700  63 
Bank of Hawaii (1)  1,600  79 
Bank of the Ozarks (1)  3,600  86 
BB&T (1)  16,612  533 
BOK Financial  1,615  84 
Boston Private Financial (1)  1,900  20 
Capital Corporation of the West (1)  2,300  18 
Capitol Bancorp Limited (1)  1,947  41 
Citizens Republic Bancorp (1)  2,979  37 
City National  1,100  54 
Colonial BancGroup (1)  4,500  43 
Comerica  4,000  140 
Commerce Bancshares  1,747  73 
Community Capital  2,300  36 
Cullen/Frost Bankers (1)  1,200  64 
CVB Financial (1)  5,239  55 
East West Bancorp (1)  3,500  62 
Fidelity Southern (1)  4,600  39 
Fifth Third Bancorp (1)  17,009  356 
First Charter (1)  2,500  67 
First Financial Bancorp (1)  4,670  63 
First Horizon National (1)  3,500  49 
First Merchants (1)  2,630  75 
First Midwest Bancorp (1)  2,450  68 
FirstBank Puerto Rico (1)  4,900  50 
FirstMerit  2,000  41 
FNB (1)  3,992  62 
Frontier Financial (1)  2,300  41 
Fulton Financial  6,874  84 
German American Bancorp  6,574  84 
Hancock (1)  1,300  55 
Horizon Financial (1)  3,675  51 
Huntington Bancshares (1)  14,106  152 
IBERIABANK (1)  1,450  64 
Integra Bank (1)  2,971  48 
International Bancshares (1)  3,812  86 
KeyCorp  12,034  264 
M & T Bank (1)  2,900  233 
Marshall & Ilsley (1)  8,091  188 
Metrocorp Bancshares (1)  4,200  54 
Midwest Banc (1)  2,700  35 
National City (1)  22,491  224 
NBT Bancorp (1)  2,900  64 
Old National Bancorp (1)  2,112  38 
Omega Financial (1)  3,000  94 
Oriental Financial Group  4,427  87 
Pacific Capital Bancorp (1)  2,510  54 
Park National (1)  915  65 
Peoples Bancorp  4,345  105 
PNC Financial Services Group  10,217  670 
Popular (1)  7,000  82 
Prosperity Bancshares (1)  2,200  63 
Provident Bankshares (1)  1,599  17 
Regions Financial (1)  21,956  434 
Renasant (1)  2,475  56 
S&T Bancorp (1)  1,100  35 
Sandy Spring Bancorp (1)  2,000  55 
Signature Bank (1)(2)  1,900  48 
South Financial Group (1)  2,465  37 
Southwest Bancorp of Oklahoma  4,200  74 
Sterling Bancshares  3,725  37 
SunTrust  10,570  583 
Susquehanna Bancshares (1)  6,403  130 
SVB Financial Group (1)(2)  1,500  65 
Synovus Financial (1)  7,700  85 
TCF Financial  4,200  75 
Texas Capital Bancshares (1)(2)  3,600  61 
Toronto Dominion Bank  2,029  124 
Trustmark (1)  1,500  33 
U.S. Bancorp  56,355  1,824 
UCBH Holdings (1)  5,400  42 
UMB Financial (1)  996  41 
UnionBancal  3,300  162 
United Bankshares (1)  2,900  77 
Valley National Bancorp (1)  3,248  62 
Wachovia  64,908  1,753 
Webster Financial  3,003  84 
Wells Fargo  110,834  3,225 
WesBanco (1)  1,700  42 
WestAmerica (1)  1,100  58 
Whitney (1)  2,125  53 
Wilmington Trust  1,500  47 
Wintrust Financial (1)  1,950  68 
Zions Bancorp (1)  2,901  132 
    15,153 
Consumer Finance 0.6%     
Advance America Cash Advance Centers (1)  3,500  26 
American Express  36,800  1,609 
AmeriCredit (1)(2)  6,100  61 
Capital One Financial (1)  12,827  631 
CompuCredit (1)(2)  2,100  19 
Discover Financial (1)  16,100  264 
First Marblehead (1)  3,100  23 
SLM Corporation (1)(2)  17,500  269 
Student Loan  800  79 
United PanAm Financial (1)(2)  5,200  19 
World Acceptance (1)(2)  1,300  41 
    3,041 
Diversified Financial Services 3.4%     
Bank of America  151,567  5,746 
CIT Group (1)  6,100  72 
Citigroup  163,114  3,494 
CME Group  1,930  905 
IntercontinentalExchange (2)  2,300  300 
JPMorgan Chase  108,177  4,646 
Leucadia National (1)  5,962  270 
Moody's (1)  7,500  261 
NASDAQ OMX Group (2)  3,800  147 
Nymex (1)  3,100  281 
NYSE Euronext  8,200  506 
    16,628 
Insurance 3.8%     
ACE Limited  10,800  595 
AFLAC  16,200  1,052 
Alfa  4,300  95 
Alleghany (1)  320  109 
Allstate  18,500  889 
Ambac Financial Group (1)  2,850  16 
American Financial Group (1)  3,650  93 
American International Group  81,718  3,534 
Aon  8,750  352 
Arthur J. Gallagher (1)  2,600  61 
Assurant  3,300  201 
Brown & Brown (1)  3,800  66 
Chubb  12,000  594 
Cincinnati Financial  3,969  151 
Commerce Group (1)  2,700  97 
Conseco (1)(2)  5,000  51 
Delphi Financial, Class A  1,975  58 
Erie Indemnity, Class A (1)  1,800  92 
Everest Reinsurance  1,800  161 
FBL Financial, Class A  1,832  52 
Fidelity National Financial, Class A (1)  10,877  199 
First American Financial  2,485  84 
FPIC Insurance Group (1)(2)  1,700  80 
Genworth Financial, Class A  13,500  306 
Hanover Insurance Group  1,400  58 
Hartford Financial Services  9,800  743 
HCC Insurance  2,750  62 
Hilb Rogal & Hobbs  1,800  57 
Horace Mann Educators  1,800  32 
Infinity Property & Casualty  1,200  50 
Kansas City Life Insurance  2,000  96 
LandAmerica Financial Group (1)  900  36 
Lincoln National  8,484  441 
Loews  15,800  636 
Markel (2)  380  167 
Marsh & McLennan (1)  16,500  402 
MBIA (1)  6,000  73 
Mercury General  1,400  62 
MetLife  23,700  1,428 
Midland (1)  1,500  97 
Nationwide Financial Services, Class A  3,600  170 
Navigators Group (2)  1,600  87 
Odyssey Re (1)  2,900  107 
Old Republic International (1)  5,187  67 
Philadelphia Consolidated (2)  1,800  58 
Phoenix Companies  5,100  62 
Presidential Life  2,600  45 
Principal Financial Group (1)  7,400  412 
ProAssurance (2)  1,124  61 
Progressive Corporation  21,000  338 
Protective Life  1,500  61 
Prudential Financial  14,900  1,166 
Reinsurance Group of America  2,300  125 
RLI (1)  1,300  65 
SAFECO  3,300  145 
StanCorp Financial Group  1,600  76 
The Travelers Companies  21,823  1,044 
Torchmark  2,600  156 
United Fire & Casualty  1,300  49 
Unitrin  1,800  64 
Unum Group  9,600  211 
W. R. Berkley  5,237  145 
White Mountains Insurance Group  300  144 
XL Capital  6,200  183 
Zenith National  1,650  59 
    18,528 
Real Estate Investment Trusts (REITs) 1.8%     
Agree Realty, REIT (1)  3,100  85 
Alexandria Real Estate, REIT (1)  1,000  93 
AMB Property, REIT  2,600  142 
AmeriVest Properties, REIT (2)  10,000  — 
Apartment Investment & Management, REIT (1)  3,027  108 
Avalonbay Communities, REIT  2,307  223 
Boston Properties, REIT  3,800  350 
Brandywine Realty Trust, REIT  3,200  54 
BRE Properties, Class A, REIT (1)  2,300  105 
Camden Property Trust, REIT (1)  2,300  116 
CBL & Associates Properties, REIT  2,200  52 
Cousins Properties, REIT (1)  2,850  70 
Deerfield Capital, REIT  657  1 
Developers Diversified Realty, REIT  3,600  151 
Digital Realty Trust, REIT (1)  2,200  78 
Duke Realty, REIT  5,800  132 
EastGroup Properties, REIT (1)  2,000  93 
Equity Lifestyle Properties, REIT (1)  2,800  138 
Equity Residential, REIT  8,400  349 
Essex Property Trust, REIT (1)  800  91 
Federal Realty Investment Trust, REIT  1,800  140 
FelCor Lodging Trust, REIT  3,748  45 
First Industrial Realty, REIT (1)  2,800  87 
Friedman, Billings, Ramsey Group, Class A, REIT (1)  8,300  14 
General Growth Properties, REIT (1)  7,700  294 
Getty Realty, REIT (1)  5,600  89 
HCP, REIT  6,800  230 
Health Care, REIT (1)  2,500  113 
Highwoods Properties, REIT  2,500  78 
Home Properties of New York, REIT (1)  1,700  82 
Hospital Properties Trust, REIT  2,800  95 
Host Hotels & Resorts, REIT  16,483  262 
Kilroy Realty, REIT (1)  1,300  64 
Kimco Realty, REIT  7,370  289 
Liberty Property Trust, REIT  3,800  118 
Macerich, REIT  2,500  176 
Mack-Cali Realty, REIT  2,800  100 
Maguire Properties, REIT (1)  3,000  43 
Mid-America Apartment Communities, REIT  1,600  80 
Mission West Properties, REIT (1)  8,900  84 
Monmouth, Class A, REIT  19,182  153 
Nationwide Health Properties, REIT  3,800  128 
One Liberty Properties, REIT  6,100  98 
Parkway Properties, REIT (1)  2,500  92 
Pennsylvania, REIT (1)  2,430  59 
Plum Creek Timber, REIT (1)  4,944  201 
PMC Commercial Trust, REIT  9,791  69 
Post Properties, REIT  1,800  70 
Potlatch, REIT (1)  2,388  99 
ProLogis, REIT  8,091  476 
Public Storage, REIT  4,894  434 
Rayonier, REIT  3,094  134 
Realty Income, REIT (1)  4,400  113 
Regency Centers, REIT  1,900  123 
Senior Housing Properties, REIT  4,300  102 
Simon Property Group, REIT  6,881  639 
SL Green Realty, REIT  1,870  152 
Strategic Hotel Capital, REIT (1)  3,300  43 
Taubman Centers, REIT  2,200  115 
UDR, REIT (1)  3,800  93 
Ventas, REIT  4,300  193 
Vornado Realty Trust, REIT  4,200  362 
Weingarten Realty Investors, REIT (1)  2,875  99 
    8,961 
Real Estate Management & Development 0.1%     
CB Richard Ellis Group, Class A (1)(2)  7,500  162 
Consolidated-Tomoka Land (1)  900  51 
Forest City Enterprises, Class A (1)  4,000  147 
Forestar Real Estate Group (1)(2)  1,900  48 
Reis (2)  10,500  56 
St. Joe (1)  2,500  107 
    571 
Thrifts & Mortgage Finance 0.8%     
Anchor Bancorp Wisconsin (1)  3,000  57 
Astoria Financial  3,625  98 
BankAtlantic, Class A (1)  2,700  11 
Berkshire Hills Bancorp (1)  3,400  86 
Brookline Bancorp  5,993  69 
Capitol Federal Financial (1)  3,900  146 
CORUS Bankshares (1)  4,800  47 
Countrywide Financial (1)  23,198  128 
Doral Financial (1)(2)  1,462  29 
Downey Financial (1)  1,200  22 
Fannie Mae  31,800  837 
First Busey (1)  4,950  105 
First Niagara Financial (1)  7,005  95 
FirstFed Financial (1)(2)  1,800  49 
Flushing Financial (1)  6,650  117 
Freddie Mac  21,300  539 
Fremont General (1)(2)  3,100  1 
Hudson City Bancorp  16,109  285 
IndyMac Mortgage (1)  4,700  23 
MGIC Investment (1)  2,400  25 
New York Community Bancorp (1)  11,053  201 
Northwest Bancorp (1)  3,200  87 
Peoples United Financial  11,077  192 
PMI Group (1)  5,100  30 
Radian (1)  2,700  18 
Sovereign Bancorp (1)  11,572  108 
Triad Guaranty (1)(2)  2,700  13 
Washington Federal  2,842  65 
Washington Mutual (1)  28,110  290 
    3,773 
 
Total Financials    79,371 
HEALTH CARE 11.2%     
 
Biotechnology 1.7%     
Alexion Pharmaceutical (2)  1,700  101 
Alkermes (1)(2)  3,900  46 
Amgen (2)  35,560  1,486 
Amylin Pharmaceuticals (1)(2)  3,800  111 
Ariad Pharmaceuticals (1)(2)  11,900  40 
Array BioPharma (1)(2)  5,700  40 
AVI BioPharma (1)(2)  4,000  7 
Biogen Idec (2)  9,710  599 
BioMarin Pharmaceutical (1)(2)  5,500  195 
Celgene (2)  12,600  772 
Cell Genesys (1)(2)  4,700  11 
Cephalon (1)(2)  1,900  122 
Cubist Pharmaceuticals (1)(2)  2,200  40 
CuraGen (1)(2)  5,300  4 
CV Therapeutics (1)(2)  4,500  32 
Cytrx (1)(2)  6,400  7 
Dendreon (1)(2)  5,000  24 
Encysive Pharmaceuticals (1)(2)  13,500  32 
Enzon Pharmaceuticals (1)(2)  4,300  40 
Genentech (2)  15,000  1,218 
Genzyme (2)  7,949  592 
Gilead Sciences (2)  29,960  1,544 
Human Genome Sciences (1)(2)  7,000  41 
ImClone Systems (2)  2,307  98 
ImmunoGen (1)(2)  4,700  17 
Immunomedics (1)(2)  6,100  17 
Incyte (1)(2)  8,900  94 
InterMune (1)(2)  2,700  39 
Isis Pharmaceuticals (1)(2)  6,205  88 
Lexicon Pharmaceuticals (1)(2)  5,000  10 
Martek Biosciences (2)  1,400  43 
Medarex (1)(2)  6,100  54 
Millennium Pharmaceuticals (2)  10,085  156 
Myriad Genetics (1)(2)  2,500  101 
NeoPharm (1)(2)  4,205  2 
Neose Technologies (2)  2,700  1 
Neurocrine Biosciences (1)(2)  5,700  31 
NPS Pharmaceuticals (2)  8,300  32 
ONYX Pharmaceuticals (1)(2)  2,700  78 
OSI Pharmaceuticals (1)(2)  2,250  84 
OSI Pharmaceuticals, Rights, 06/12/08 (2)  90  — 
OXiGENE (1)(2)  6,400  12 
PDL Biopharma (1)(2)  3,600  38 
Pharmacopeia (1)(2)  9,800  36 
Progenics Pharmaceuticals (1)(2)  2,300  15 
Regeneron Pharmaceuticals (2)  3,600  69 
RXi Pharmaceuticals (1)(2)  319  3 
Sangamo BioSciences (1)(2)  4,900  50 
Theravance (1)(2)  2,900  31 
Trimeris (1)(2)  2,600  17 
Vertex Pharmaceuticals (1)(2)  9,800  234 
    8,554 
Health Care Equipment & Supplies 2.1%     
Advanced Medical Optics (1)(2)  2,392  48 
Align Technology (1)(2)  4,400  49 
American Medical (1)(2)  3,900  55 
Analogic  800  53 
Anika Therapeutics (2)  3,600  30 
ArthroCare (1)(2)  1,300  43 
Aspect Medical Systems (1)(2)  2,000  12 
Baxter International  20,800  1,203 
Beckman Coulter  1,700  110 
Becton, Dickinson & Company  8,100  695 
Boston Scientific (2)  43,839  564 
C.R. Bard  3,400  328 
Cantel Medical (1)(2)  2,400  25 
Cerus (1)(2)  4,800  28 
Cooper Companies (1)  1,300  45 
Covidien  16,150  715 
Dentsply International  4,600  177 
Edwards Lifesciences (1)(2)  1,360  61 
Exactech (1)(2)  3,800  96 
Gen-Probe (2)  1,800  87 
Haemonetics (2)  1,600  95 
Healthtronics (2)  4,300  14 
Hologic (1)(2)  3,972  221 
Hospira (2)  5,290  226 
ICU Medical (1)(2)  1,400  40 
IDEXX Laboratories (2)  1,800  89 
Immucor (2)  2,300  49 
Integra LifeSciences (1)(2)  1,400  61 
Intuitive Surgical (2)  1,200  389 
Invacare (1)  1,300  29 
Inverness Medical Innovations (1)(2)  1,980  60 
Invitrogen (2)  1,200  102 
Kinetic Concepts (1)(2)  2,100  97 
Medical Action Industries (2)  2,350  39 
Medtronic  37,020  1,791 
NMT Medical (1)(2)  5,100  20 
OraSure Technologies (1)(2)  4,500  33 
Palomar Medical Technologies (1)(2)  1,400  21 
ResMed (1)(2)  5,800  245 
RTI Biologics (1)(2)  3,500  33 
St. Jude Medical (2)  10,700  462 
Steris  2,000  54 
Stryker  8,100  527 
SurModics (1)(2)  1,200  50 
Synergetics USA (1)(2)  7,000  15 
Thoratec (1)(2)  3,000  43 
Varian Medical (2)  3,600  169 
Vital Signs  1,100  56 
West Pharmaceutical Services (1)  1,400  62 
Zimmer Holdings (2)  7,560  589 
Zoll Medical (2)  2,200  58 
    10,163 
Health Care Providers & Services 1.9%     
Aetna  16,800  707 
AmerisourceBergen  5,432  223 
AMN Healthcare Services (2)  1,852  29 
AmSurg, Class A (1)(2)  2,500  59 
Apria Healthcare (2)  2,800  55 
Bioscrip (2)  5,500  37 
Birner Dental Management Services (1)  1,900  38 
Brookdale Senior Living (1)  5,400  129 
Cardinal Health  11,705  615 
CIGNA  9,300  377 
Community Health (2)  2,400  81 
CorVel (2)  1,625  50 
Coventry Health Care (2)  5,014  202 
Cross Country Healthcare (1)(2)  1,700  21 
DaVita (2)  3,599  172 
Emeritus (1)(2)  1,900  40 
Express Scripts (2)  8,700  560 
Gentiva Health Services (2)  3,075  67 
Health Management (1)(2)  10,100  53 
Health Net (2)  3,600  111 
Henry Schein (2)  3,200  184 
Hooper Holmes (2)  5,300  3 
Humana (2)  5,400  242 
Laboratory Corporation of America (1)(2)  4,100  302 
Landauer  2,100  106 
LifePoint Hospitals (2)  2,547  70 
Lincare Holdings (1)(2)  2,800  79 
McKesson  8,851  463 
Medco (2)  18,692  818 
Omnicare (1)  3,400  62 
Patterson Companies (1)(2)  3,800  138 
PharMerica (1)(2)  3,352  55 
PSS World Medical (1)(2)  3,000  50 
Psychemedics (1)  3,075  55 
Psychiatric Solutions (1)(2)  2,800  95 
Q-Med (1)(2)  6,200  1 
Quest Diagnostics (1)  5,200  235 
Rural/Metro (2)  4,300  10 
Sunrise Senior Living (1)(2)  1,800  40 
Tenet Healthcare (1)(2)  13,050  74 
UnitedHealth Group  42,922  1,475 
Universal Health Services  1,800  97 
VCA Antech (2)  2,900  79 
WellPoint (2)  19,704  869 
    9,228 
Health Care Technology 0.1%     
Allscripts Healthcare (1)(2)  2,900  30 
Cerner (1)(2)  1,900  71 
Eclipsys (1)(2)  2,700  53 
HLTH (1)(2)  7,110  68 
IMS Health  6,300  132 
Omnicell (1)(2)  2,800  56 
    410 
Life Sciences Tools & Services 0.5%     
Affymetrix (1)(2)  2,400  42 
Albany Molecular Research (2)  2,400  29 
Applera  5,500  181 
Bio-Rad Laboratories, Class A (2)  1,000  89 
Bruker (2)  5,700  88 
Charles River Laboratories (2)  1,968  116 
Covance (2)  2,400  199 
Dionex (2)  900  69 
Exelixis (1)(2)  7,100  49 
Illumina (1)(2)  1,800  137 
Luminex (1)(2)  2,800  55 
Millipore (2)  1,500  101 
Nektar Therapeutics (1)(2)  5,700  40 
PerkinElmer  3,735  91 
Pharmaceutical Product Development  3,600  151 
Qiagen NV (1)(2)  442  9 
Techne (2)  1,100  74 
Thermo Fisher Scientific (2)  13,178  749 
Varian (2)  1,300  75 
Waters Corporation (2)  3,000  167 
    2,511 
Pharmaceuticals 4.9%     
Abbott Laboratories  51,900  2,862 
Adolor (1)(2)  3,700  17 
Allergan  10,130  571 
Alpharma, Class A (1)(2)  1,800  47 
Atherogenics (1)(2)  3,500  3 
Barr Pharmaceuticals (2)  3,201  155 
Bristol Myers Squibb  64,300  1,370 
Eli Lilly  32,300  1,666 
Endo Pharmaceutical (2)  4,700  113 
Forest Laboratories (2)  10,000  400 
Johnson & Johnson  95,075  6,168 
K-V Pharmaceutical, Class A (1)(2)  2,100  52 
King Pharmaceuticals (2)  7,689  67 
Medicines Company (1)(2)  2,500  50 
Medicis Pharmaceutical, Class A (1)  2,500  49 
Merck  72,094  2,736 
Mylan (1)  10,575  123 
Noven Pharmaceuticals (2)  2,100  19 
Par Pharmaceutical (1)(2)  2,000  35 
Perrigo  4,100  155 
Pfizer  227,405  4,760 
Schering-Plough  52,600  758 
Sciele Pharma (1)(2)  2,200  43 
Sepracor (2)  3,800  74 
Valeant Pharmaceuticals (1)(2)  3,700  47 
ViroPharma (1)(2)  5,400  48 
Watson Pharmaceuticals (2)  2,400  70 
Wyeth  43,400  1,812 
    24,270 
 
Total Health Care    55,136 
INDUSTRIALS & BUSINESS SERVICES 12.1%     
 
Aerospace & Defense 2.5%     
Alliant Techsystems (1)(2)  1,325  137 
American Science Engineering (1)  600  33 
BE Aerospace (2)  4,000  140 
Boeing  25,600  1,904 
Ceradyne (1)(2)  1,600  51 
Curtiss-Wright  2,000  83 
DRS Technologies (1)  1,713  100 
Esterline Technologies (2)  1,400  71 
GenCorp (1)(2)  5,200  54 
General Dynamics  13,400  1,117 
Goodrich  3,640  209 
Harris  3,900  189 
Hexcel (1)(2)  4,200  80 
Honeywell International  24,325  1,372 
L-3 Communication (1)  3,900  426 
Ladish Company (2)  1,700  61 
Lockheed Martin  12,000  1,192 
MTC Technologies (1)(2)  1,700  40 
Northrop Grumman  11,202  872 
Precision Castparts  4,768  487 
Raytheon  13,700  885 
Rockwell Collins  5,000  286 
Spirit Aerosystems, Class A (2)  3,300  73 
Taser International (1)(2)  6,400  60 
Teledyne Technologies (2)  1,900  89 
United Technologies  32,704  2,251 
    12,262 
Air Freight & Logistics 0.9%     
C.H. Robinson Worldwide (1)  5,200  283 
Expeditors International of Washington (1)  8,800  398 
FedEx  9,200  853 
Forward Air (1)  1,650  58 
UPS, Class B  35,900  2,621 
    4,213 
Airlines 0.2%     
AirTran (1)(2)  7,200  48 
Alaska Air Group (1)(2)  2,600  51 
AMR (1)(2)  13,300  120 
Continental Airlines, Class B (1)(2)  6,400  123 
SkyWest (1)  6,200  131 
Southwest Airlines (1)  31,037  385 
US Airways (1)(2)  3,200  28 
    886 
Building Products 0.2%     
AAON (1)  3,525  71 
Ameron International (1)  900  84 
Lennox International  2,200  79 
Masco (1)  11,200  222 
Owens Corning (1)(2)  3,000  54 
Trane  5,500  253 
Universal Forest Products (1)  1,000  32 
USG (1)(2)  2,600  96 
    891 
Commercial Services & Supplies 0.9%     
Acco Brands (1)(2)  3,169  43 
Administaff (1)  1,200  28 
Advisory Board (2)  900  49 
Allied Waste Industries (2)  10,660  115 
Avery Dennison  2,600  128 
Barrett Business (1)  1,900  33 
Brinks Company  1,600  107 
ChoicePoint (2)  2,066  98 
Cintas  4,200  120 
Consolidated Graphics (2)  1,300  73 
Copart (2)  2,950  114 
Corporate Executive Board (1)  1,100  45 
Corrections Corporation of America (2)  4,268  117 
CoStar Group (1)(2)  1,000  43 
Covanta Holding (2)  4,600  127 
Deluxe  2,100  40 
Diamond Management & Technology Consultants (1)  7,100  46 
Dun & Bradstreet  1,600  130 
Equifax (1)  3,500  121 
FTI Consulting (2)  5,100  362 
G & K Services, Class A  900  32 
GEO (2)  3,200  91 
Herman Miller (1)  2,000  49 
HNI Corporation (1)  1,300  35 
Hudson Highland Group (2)  8,914  76 
ICT Group (1)(2)  3,800  38 
IHS (2)  2,400  154 
IKON Office Solutions  4,100  31 
Kimball International, Class B (1)  3,700  40 
Korn/Ferry (2)  2,000  34 
Learning Tree International (1)(2)  1,700  24 
Manpower  2,100  118 
McGrath RentCorp (1)  1,400  34 
PHH (2)  1,987  35 
Pitney Bowes  5,700  200 
R.R. Donnelley  6,300  191 
Republic Services  5,100  149 
Robert Half International  4,000  103 
Rollins  3,600  64 
School Specialty (1)(2)  1,000  32 
Spherion (2)  5,300  32 
Stericycle (2)  3,000  155 
Team (2)  2,800  76 
TeleTech Holdings (2)  2,400  54 
Tetra Tech (1)(2)  2,025  40 
Thomas Group  4,800  12 
TRM Copy Centers (1)(2)  4,600  1 
TrueBlue (2)  3,000  40 
United Stationers (2)  700  33 
Viad  1,100  40 
VSE  2,400  68 
Waste Connections (2)  2,550  78 
Waste Management  16,160  542 
Westaff (1)(2)  3,200  7 
    4,647 
Construction & Engineering 0.3%     
EMCOR Group (2)  2,800  62 
Fluor  2,800  395 
Foster Wheeler (2)  4,400  249 
Granite Construction (1)  1,550  51 
Insituform Technologies (1)(2)  2,100  29 
Jacobs Engineering Group (2)  4,000  294 
KBR  6,300  175 
Quanta Services (1)(2)  5,350  124 
Shaw Group (2)  3,200  151 
    1,530 
Electrical Equipment 0.6%     
Acuity Brands (1)  1,800  77 
American Superconductor (1)(2)  4,500  104 
AMETEK  2,700  119 
AZZ (1)(2)  2,200  78 
Baldor Electric (1)  1,500  42 
Belden (1)  1,700  60 
Brady, Class A  1,800  60 
C&D Technologies (1)(2)  3,400  17 
Cooper Industries, Class A  7,800  313 
Emerson Electric  25,100  1,292 
Energy Conversion Devices (1)(2)  2,100  63 
FuelCell Energy (1)(2)  8,200  55 
General Cable (2)  2,700  160 
GrafTech International (2)  8,400  136 
Hubbell, Class B  1,600  70 
Plug Power (1)(2)  6,900  21 
Regal-Beloit (1)  1,600  59 
Rockwell Automation  4,300  247 
Thomas & Betts (2)  1,700  62 
Ultralife Batteries (1)(2)  3,500  41 
Unique Mobility (1)(2)  4,400  7 
Vicor (1)  1,900  23 
Woodward Governor  4,200  112 
    3,218 
Industrial Conglomerates 3.3%     
3M  22,800  1,805 
Carlisle Companies (1)  1,800  60 
GE  331,906  12,284 
McDermott International (2)  9,800  537 
Roper Industries (1)  2,500  149 
Teleflex  900  43 
Textron  8,200  454 
Tredegar (1)  3,000  55 
Tyco International  21,550  949 
    16,336 
Machinery 2.0%     
3-D Systems (1)(2)  5,300  78 
Actuant, Class A (1)  2,680  81 
AGCO (2)  3,200  192 
Ampco Pittsburgh  2,100  90 
Briggs & Stratton (1)  2,100  38 
Bucyrus International, Class A  1,500  152 
Cascade (1)  700  35 
Caterpillar  19,500  1,527 
Crane  2,100  85 
Cummins Engine  6,600  309 
Danaher  7,700  585 
Deere  12,000  965 
Donaldson  2,600  105 
Dover  5,700  238 
Dynamic Materials (1)  1,600  69 
Eaton  4,500  359 
EnPro Industries (1)(2)  1,268  40 
ESCO Technologies (1)(2)  1,200  48 
Flowserve  2,000  209 
Force Protection (1)(2)  4,600  9 
Graco (1)  2,187  79 
Harsco  2,200  122 
IDEX  2,500  77 
Illinois Tool Works  14,500  699 
Ingersoll-Rand, Class A  8,800  392 
ITT  5,300  275 
Joy Global  3,700  241 
Kennametal  2,000  59 
Lincoln Electric  1,400  90 
Manitowoc  4,800  196 
Middleby (1)(2)  1,400  87 
Mueller Water Products, Class B (1)  5,104  40 
NACCO Industries  500  40 
Nordson  1,600  86 
Oshkosh (1)  2,200  80 
PACCAR  12,162  547 
Pall  3,500  123 
Parker Hannifin  4,978  345 
Pentair  2,200  70 
Robbins & Myers  3,600  118 
SPX  1,604  168 
Tecumseh Products, Class A (1)(2)  2,100  64 
Terex (2)  3,600  225 
Timken  3,000  89 
Toro (1)  1,400  58 
Trinity Industries (1)  2,950  79 
Turbochef Technologies (1)(2)  4,200  27 
Valmont Industries (1)  2,000  176 
Wabtec  2,425  91 
Watts Water Technologies, Class A (1)  1,300  36 
    9,993 
Marine 0.1%     
Alexander & Baldwin (1)  1,400  60 
International Shipholding (2)  1,800  35 
Kirby (2)  2,400  137 
Overseas Shipholding Group (1)  1,400  98 
    330 
Road & Rail 0.9%     
Burlington Northern Santa Fe  10,800  996 
Con-Way  1,500  74 
CSX  13,200  740 
Dollar Thrifty Auto Group (2)  1,000  14 
Hertz Global (1)(2)  6,100  73 
J.B. Hunt Transport Services  4,800  151 
Kansas City Southern Industries (1)(2)  3,300  132 
Knight Transportation (1)  3,150  52 
Landstar Systems  2,600  136 
Norfolk Southern  11,600  630 
Ryder System  1,500  91 
Union Pacific  8,300  1,041 
USA Truck (1)(2)  2,400  31 
Werner Enterprises (1)  3,175  59 
    4,220 
Trading Companies & Distributors 0.2%     
Applied Industrial Technologies  2,475  74 
Fastenal  3,900  179 
GATX  1,700  66 
Huttig Building Products (2)  6,044  14 
Interline Brands (2)  2,000  37 
MSC Industrial Direct (1)  1,600  68 
UAP Holding  2,700  104 
United Rentals (2)  2,900  55 
W. W. Grainger  2,100  160 
WESCO International (1)(2)  1,700  62 
    819 
 
Total Industrials & Business Services    59,345 
INFORMATION TECHNOLOGY 15.0%     
 
Communications Equipment 2.2%     
3 Com (2)  8,300  19 
ADC Telecommunications (2)  3,621  44 
ADTRAN  2,600  48 
Anaren (1)(2)  1,600  20 
Arris Group (1)(2)  5,661  33 
Avocent (1)(2)  2,836  48 
Blue Coat Systems (1)(2)  3,700  82 
Channell Commercial (2)  5,600  8 
Ciena (1)(2)  3,863  119 
Cisco Systems (2)  196,068  4,723 
Commscope (1)(2)  2,113  74 
Corning  50,510  1,214 
Ditech Networks (1)(2)  3,600  11 
Dycom Industries (2)  1,900  23 
Echostar (1)(2)  1,880  55 
EMS Technologies (2)  2,000  54 
Extreme Networks (1)(2)  4,900  15 
F5 Networks (2)  3,200  58 
Finisar (1)(2)  13,400  17 
Foundry Networks (2)  5,400  62 
Harmonic (2)  7,159  54 
Harris Stratex Networks, Class A (1)(2)  2,725  27 
InterDigital (1)(2)  1,600  32 
IXIA (2)  3,700  29 
JDS Uniphase (1)(2)  6,144  82 
Juniper Networks (2)  15,950  399 
Mastec (2)  4,350  36 
Motorola  70,640  657 
MRV Communications (1)(2)  8,360  11 
Optical Cable (2)  169  1 
Packeteer (1)(2)  6,200  32 
Plantronics  1,800  35 
Polycom (2)  3,900  88 
Powerwave Technologies (1)(2)  13,537  34 
QUALCOMM  52,800  2,165 
SeaChange International (1)(2)  5,000  35 
Sonus Networks (1)(2)  18,100  62 
Sycamore Networks (1)(2)  5,900  22 
Tekelec (1)(2)  1,600  20 
Tellabs (1)(2)  14,057  77 
    10,625 
Computers & Peripherals 3.6%     
Adaptec (1)(2)  6,300  19 
Apple (2)  27,800  3,989 
Avid Technology (1)(2)  1,500  37 
Brocade Communications (2)  17,183  125 
Dell (2)  78,000  1,554 
Diebold  1,600  60 
Dot Hill (2)  5,900  18 
Electronics for Imaging (1)(2)  1,900  28 
EMC (2)  67,176  963 
Emulex (2)  2,200  36 
Hewlett-Packard  83,918  3,832 
IBM  45,190  5,203 
Imation (1)  1,300  30 
Intermec (1)(2)  2,400  53 
Iomega (1)(2)  5,300  19 
LaserCard (1)(2)  2,000  17 
Lexmark International (2)  3,000  92 
NCR (2)  4,800  110 
NetApp (2)  10,900  219 
Palm (2)  3,600  18 
Presstek (1)(2)  6,400  28 
QLogic (2)  5,422  83 
Quantum (1)(2)  8,100  17 
Rackable Systems (1)(2)  4,000  36 
Rimage (2)  2,200  48 
Sandisk (1)(2)  7,300  165 
Socket Communications (2)  14,700  9 
Sun Microsystems (2)  26,650  414 
Teradata (2)  4,800  106 
Western Digital (2)  7,300  197 
    17,525 
Electronic Equipment & Instruments 0.6%     
Agilent Technologies (2)  11,787  352 
Amphenol, Class A  5,300  197 
Anixter International (1)(2)  900  58 
Arrow Electronics (2)  3,100  104 
Avnet (2)  5,148  169 
AVX (1)  4,100  53 
Benchmark Electronics (2)  2,075  37 
Brightpoint (1)(2)  2,880  24 
Cherokee International (1)(2)  4,100  8 
Cogent (1)(2)  3,100  29 
Coherent (1)(2)  1,500  42 
Daktronics (1)  2,200  39 
Dolby Laboratories, Class A (2)  2,900  105 
Electro Scientific Industries (1)(2)  1,900  31 
First Solar (2)  1,200  277 
Ingram Micro, Class A (2)  4,100  65 
Insight Enterprises (2)  2,050  36 
Jabil Circuit  6,300  60 
Maxwell Technologies (1)(2)  5,100  52 
Mercury Computer Systems (1)(2)  3,100  17 
Merix (2)  3,800  8 
Molex (1)  4,350  101 
Multi Fineline Elecronix (1)(2)  2,700  51 
Napco Security (1)(2)  6,315  31 
National Instruments  2,500  65 
Newport (1)(2)  2,100  23 
Nu Horizons Electronics (1)(2)  5,150  32 
Park Electrochemical (1)  1,600  41 
PC Connection (1)(2)  2,750  22 
Plexus (2)  1,800  51 
Sanmina-SCI (2)  11,412  19 
Sunpower (1)(2)  1,400  104 
Tech Data (2)  1,300  43 
Technitrol  2,700  62 
Trimble Navigation (1)(2)  3,794  108 
TTM Technologies (2)  3,700  42 
Tyco Electronics  14,850  510 
Vishay Intertechnology (2)  6,120  55 
X-Rite (1)(2)  3,300  20 
Zygo (2)  1,900  24 
    3,167 
Internet Software & Services 1.5%     
Akamai Technologies (1)(2)  5,400  152 
Ariba (1)(2)  11,438  110 
Art Technology Group (2)  29,000  113 
CNET Networks (1)(2)  8,375  59 
Earthlink (1)(2)  3,930  30 
eBay (2)  37,700  1,125 
Entrust Technologies (2)  5,500  14 
Google, Class A (2)  7,460  3,286 
IAC/InterActiveCorp (2)  9,324  194 
Interwoven (2)  5,489  59 
Monster Worldwide (1)(2)  3,900  94 
RealNetworks (1)(2)  10,200  58 
S1 (2)  5,800  41 
Sonicwall (2)  3,000  25 
The Knot (1)(2)  2,500  29 
Tumbleweed Communications (1)(2)  4,800  6 
United Online (1)  6,550  69 
VeriSign (1)(2)  7,040  234 
Websense (2)  2,700  51 
Yahoo! (2)  50,932  1,473 
    7,222 
IT Services 1.1%     
Acxiom  3,000  36 
Affiliated Computer Services, Class A (2)  2,900  145 
Alliance Data Systems (2)  2,100  100 
Analysts International (2)  5,700  9 
Automatic Data Processing  16,300  691 
BearingPoint (1)(2)  7,300  12 
Broadridge Financial Solutions  4,525  80 
CACI International, Class A (1)(2)  700  32 
CIBER (2)  4,100  20 
Cognizant Technology Solutions (2)  8,600  248 
Computer Sciences (1)(2)  4,500  183 
Convergys (2)  3,900  59 
CSG Systems International (2)  1,900  22 
CyberSource (2)  3,806  56 
DST Systems (1)(2)  2,100  138 
Electronic Data Systems  14,100  235 
Fidelity National Information  7,542  288 
Fiserv (2)  5,375  258 
Forrester Research (1)(2)  2,100  56 
Global Payments  1,760  73 
Hewitt Associates, Class A (2)  2,680  107 
iGate (2)  4,600  33 
Iron Mountain (2)  4,462  118 
Kratos Defense & Security Solutions (1)(2)  4,300  8 
Management Network Group (1)(2)  4,400  8 
Mastercard, Class A (1)  2,700  602 
Maximus  1,400  51 
Metavante Technologies (2)  2,297  46 
Moneygram International (1)  4,800  9 
MPS Group (2)  3,200  38 
Paychex  9,587  328 
Perot Systems, Class A (2)  3,400  51 
RightNow Technologies (2)  13,900  165 
Saic (1)(2)  10,000  186 
Sapient (2)  5,500  38 
Startek (2)  3,500  32 
Sykes Enterprises (2)  2,700  47 
The Hackett Group (2)  5,020  20 
Total System Services  9,926  235 
Unisys (2)  10,000  44 
Western Union  25,251  537 
    5,444 
Office Electronics 0.1%     
Xerox  26,900  403 
Zebra Technologies (2)  2,150  71 
    474 
Semiconductor & Semiconductor Equipment 2.5%     
Actel (1)(2)  2,900  44 
Advanced Energy Industries (2)  2,700  36 
Advanced Micro Devices (1)(2)  19,400  114 
Altera  9,500  175 
Amkor Technology (1)(2)  5,800  62 
Analog Devices  13,500  399 
Applied Materials  44,978  878 
Applied Micro Circuits (1)(2)  2,160  16 
Atheros Communications (1)(2)  3,600  75 
Atmel (2)  15,900  55 
Axcelis Technologies (2)  4,714  26 
Broadcom, Class A (2)  15,350  296 
Brooks Automation (2)  2,554  25 
Cabot Microelectronics (1)(2)  1,664  53 
Cirrus Logic (2)  5,700  38 
Cognex  2,200  48 
Cohu (1)  2,400  39 
Conexant (1)(2)  10,416  6 
Cree (1)(2)  3,700  103 
Cymer (1)(2)  1,200  31 
Cypress Semiconductor (1)(2)  5,300  125 
Diodes (1)(2)  3,262  72 
DSP Group (2)  1,700  22 
Entegris (2)  6,092  44 
Fairchild Semiconductor, Class A (2)  2,600  31 
FEI (1)(2)  2,200  48 
Integrated Device Technology (2)  4,250  38 
Intel  187,490  3,971 
International Rectifier (2)  1,900  41 
Intersil, Class A  3,596  92 
KLA-Tencor (1)  5,400  200 
Kopin (1)(2)  6,500  17 
Kulicke & Soffa (2)  3,700  18 
Lam Research (2)  4,100  157 
Lattice Semiconductor (1)(2)  4,800  14 
Linear Technology (1)  7,600  233 
LSI Corporation (1)(2)  24,078  119 
LTX (1)(2)  4,700  15 
Mattson Technology (2)  3,600  22 
Maxim Integrated Products  9,421  192 
MEMC Electronic Materials (2)  6,200  440 
Micrel (1)  4,700  44 
Microchip Technology (1)  5,664  185 
Micron Technology (1)(2)  23,169  138 
Microsemi (1)(2)  2,500  57 
MIPS Technologies (2)  4,800  19 
MKS Instruments (2)  2,213  47 
MoSys (1)(2)  3,500  15 
Nanometrics (2)  4,900  35 
National Semiconductor  8,200  150 
Novellus Systems (1)(2)  4,000  84 
NVIDIA (2)  29,400  582 
Omnivision Technologies (1)(2)  3,300  56 
ON Semiconductor (1)(2)  14,530  83 
Pericom Semiconductor (1)(2)  4,500  66 
QuickLogic (1)(2)  6,700  20 
Rambus (1)(2)  3,500  82 
RF Micro Devices (1)(2)  18,009  48 
Rudolph Technologies (1)(2)  2,800  27 
Semitool (1)(2)  2,500  21 
Semtech (2)  1,600  23 
Silicon Laboratories (2)  1,700  54 
Silicon Storage Technology (2)  5,700  15 
Skyworks Solutions (1)(2)  11,279  82 
Spansion, Class A (1)(2)  2,900  8 
Teradyne (2)  5,500  68 
Texas Instruments  45,600  1,289 
Transmeta (1)(2)  5,364  69 
TriQuint Semiconductor (2)  6,290  32 
Varian Semiconductor Equipment (1)(2)  2,650  75 
Virage Logic (1)(2)  8,000  46 
Xilinx  9,100  216 
Zoran (2)  1,614  22 
    12,188 
Software 3.4%     
Activision (2)  9,354  256 
Adobe Systems (2)  18,380  654 
Advent Software (1)(2)  1,300  55 
Ansoft (2)  4,300  131 
Ansys (2)  3,400  117 
Aspen Technology (2)  5,800  74 
Autodesk (2)  12,900  406 
BEA Systems (2)  13,600  260 
Blackboard (2)  3,000  100 
BMC Software (2)  6,000  195 
Borland Software (1)(2)  4,800  10 
CA (1)  13,431  302 
Cadence Design Systems (2)  7,200  77 
Citrix Systems (2)  5,900  173 
Compuware (2)  11,000  81 
Electronic Arts (2)  9,300  464 
EPlus (2)  3,700  34 
FactSet Research Systems (1)  1,750  94 
Fair Isaac (1)  2,072  45 
Informatica (2)  5,200  89 
Intuit (2)  9,500  257 
Jack Henry & Associates  2,800  69 
JDA Software Group (2)  2,700  49 
Macrovision (1)(2)  2,900  39 
Manhattan Associates (2)  1,500  34 
McAfee (2)  8,737  289 
Mentor Graphics (1)(2)  5,000  44 
Microsoft  262,750  7,457 
Midway Games (1)(2)  5,439  15 
Moldflow (2)  2,200  38 
Napster (1)(2)  6,313  9 
NAVTEQ (2)  3,900  265 
NetScout Systems (2)  3,400  32 
Novell (2)  10,034  63 
Nuance Communications (2)  6,324  110 
OPNET Technologies (2)  3,700  30 
Oracle (2)  131,100  2,564 
Parametric Technology (2)  3,280  52 
Progress Software (2)  2,600  78 
Quality Systems (1)  1,600  48 
Quest Software (2)  3,800  50 
Red Hat (1)(2)  16,700  307 
Renaissance Learning (1)  1,700  24 
Salary.com (2)  4,000  26 
Salesforce.com (2)  2,800  162 
Secure Computing (1)(2)  5,700  37 
Sourcefire (1)(2)  11,500  69 
Sybase (2)  2,210  58 
Symantec (2)  27,464  457 
Symyx Technologies (1)(2)  1,500  11 
Synopsys (2)  4,470  102 
THQ (1)(2)  2,575  56 
TiVo (2)  5,200  46 
Wind River Systems (2)  31,772  246 
    16,810 
 
Total Information Technology    73,455 
MATERIALS 3.9%     
 
Chemicals 2.1%     
A. Schulman  2,300  47 
Air Products & Chemicals  7,000  644 
Airgas  2,300  105 
Arch Chemicals  1,400  52 
Ashland  1,500  71 
Cabot (1)  2,000  56 
Calgon Carbon (1)(2)  6,100  92 
Celanese, Series A  4,300  168 
CF Industries  1,600  166 
Chemtura  7,645  56 
Cytec Industries  1,300  70 
Dow Chemical  30,999  1,142 
DuPont (1)  28,509  1,333 
Eastman Chemical  2,200  137 
Ecolab  6,600  287 
Ferro  3,200  48 
FMC  2,600  144 
Georgia Gulf (1)  1,400  10 
H.B. Fuller  2,200  45 
Hawkins Chemical (1)  4,600  70 
Hercules  4,400  81 
Huntsman  6,500  153 
International Flavors & Fragrances  2,600  115 
Lubrizol  2,100  117 
Minerals Technologies (1)  900  57 
Monsanto  17,760  1,980 
Mosaic (2)  6,700  687 
Nalco  4,700  99 
NL Industries (1)  5,600  61 
OMNOVA Solutions (2)  13,900  55 
PPG Industries (1)  4,200  254 
Praxair  10,000  842 
Rohm & Haas (1)  5,200  281 
RPM  3,300  69 
Scotts Miracle Gro  1,400  45 
Sensient Technologies  2,600  77 
Sigma Aldrich  3,400  203 
Spartech (1)  1,900  16 
Terra Industries (1)(2)  3,100  110 
Valspar (1)  2,400  48 
W. R. Grace (1)(2)  3,100  71 
Zep (1)  2,000  32 
    10,196 
Construction Materials 0.1%     
Eagle Materials (1)  2,998  107 
Headwaters (1)(2)  3,900  51 
Martin Marietta Materials (1)  1,300  138 
Vulcan Materials (1)  3,066  204 
    500 
Containers & Packaging 0.2%     
AptarGroup  1,600  62 
Ball  3,500  161 
Bemis (1)  2,400  61 
Chesapeake (1)  1,500  7 
Crown Cork & Seal (2)  5,500  138 
Myers Industries (1)  10,260  135 
Owens-Illinois (2)  5,000  282 
Packaging Corporation of America  2,000  45 
Pactiv (2)  4,000  105 
Rock-Tenn, Class A  2,000  60 
Sealed Air (1)  5,000  126 
Smurfit-Stone Container (1)(2)  5,690  44 
Sonoco Products  1,900  54 
Temple-Inland (1)  3,300  42 
    1,322 
Metals & Mining 1.2%     
AK Steel (1)  5,800  316 
Alcoa  26,420  953 
Allegheny Technologies  3,350  239 
Carpenter Technology  2,200  123 
Cleveland-Cliffs (1)  1,200  144 
Coeur d'Alene Mines (2)  13,400  54 
Commercial Metals  5,400  162 
Freeport-McMoRan Copper & Gold  12,562  1,209 
Hecla Mining (1)(2)  7,100  79 
Mines Management (1)(2)  13,500  48 
Newmont Mining  14,100  639 
Nucor  9,300  630 
Quanex  1,800  93 
Reliance Steel & Aluminum  1,500  90 
Royal Gold (1)  2,400  72 
RTI International Metals (1)(2)  1,000  45 
Steel Dynamics (1)  7,600  251 
Stillwater Mining (1)(2)  5,305  82 
Titanium Metals (1)  2,898  44 
USX-U.S. Steel Group  4,200  533 
Worthington Industries (1)  3,400  57 
    5,863 
Paper & Forest Products 0.3%     
AbitiBibowater  2,428  31 
Buckeye Technologies (2)  6,800  76 
Domtar (2)  15,000  103 
Glatfelter  2,100  32 
International Paper  20,384  554 
Louisiana Pacific (1)  2,900  27 
MeadWestvaco  5,452  148 
Neenah Paper  1,054  27 
Schweitzer Mauduit  1,700  39 
Wausau Paper (1)  2,900  24 
Weyerhaeuser (1)  6,500  423 
    1,484 
 
Total Materials    19,365 
TELECOMMUNICATION SERVICES 3.0%     
 
Diversified Telecommunication Services 2.5%     
AT&T  197,961  7,582 
Atlantic Tele Network (1)  1,900  64 
Centurytel  3,175  106 
Cincinnati Bell (2)  9,348  40 
Citizens Communications  11,292  118 
D&E Communications  5,649  50 
Embarq  4,718  189 
General Communication, Class A (1)(2)  4,600  28 
Level 3 Communications (1)(2)  43,500  92 
Paetec (1)(2)  5,500  37 
Qwest Communications International (1)  50,525  229 
Time Warner Telecom, Class A (1)(2)  4,700  73 
Verizon Communications  91,211  3,325 
Windstream (1)  14,260  170 
    12,103 
Wireless Telecommunication Services 0.5%     
American Tower Systems, Class A (2)  19,820  777 
Centennial Communications (1)(2)  4,100  24 
Crown Castle International (1)(2)  13,737  474 
Leap Wireless International (1)(2)  4,400  205 
MetroPCS Communications (2)  9,900  168 
NII Holdings, Class B (2)  5,300  169 
SBA Communications (1)(2)  3,200  96 
Sprint Nextel  88,962  595 
Telephone & Data Systems  2,300  90 
U.S. Cellular (2)  1,800  99 
    2,697 
 
Total Telecommunication Services    14,800 
UTILITIES 3.7%     
 
Electric Utilities 1.9%     
Allegheny Energy  4,900  248 
ALLETE  1,733  67 
American Electric Power  12,640  526 
Central Vermont Public Service  4,000  96 
Cleco  2,900  64 
DPL (1)  3,200  82 
Duke Energy  39,952  713 
Edison International  10,900  534 
El Paso Electric (2)  3,200  68 
Empire District Electronics  4,900  99 
Entergy  6,300  687 
Exelon  21,924  1,782 
FirstEnergy  10,060  690 
FPL Group  13,400  841 
Great Plains Energy (1)  2,600  64 
Hawaiian Electric Industries (1)  4,100  98 
IdaCorp (1)  2,800  90 
Madison Gas & Electric (1)  3,400  116 
Northeast Utilities  4,800  118 
Otter Tail (1)  1,800  64 
Pinnacle West Capital (1)  2,900  102 
Potomac Electric Power  6,900  171 
PPL  11,200  514 
Progress Energy  7,330  306 
Sierra Pacific Resources  6,500  82 
Southern Company (1)  23,400  833 
Unisource Energy  2,300  51 
United Illuminating  1,666  50 
Westar Energy (1)  2,600  59 
    9,215 
Gas Utilities 0.3%     
AGL Resources  1,800  62 
Atmos Energy  6,200  158 
Equitable Resources  3,800  224 
Laclede Gas (1)  4,400  157 
National Fuel Gas (1)  2,800  132 
NICOR (1)  1,500  50 
ONEOK  5,200  232 
Piedmont Natural Gas (1)  4,100  108 
Questar  5,400  305 
Southern Union  4,210  98 
UGI  3,000  75 
Washington Gas Light (1)  2,700  86 
    1,687 
Independent Power Producers & Energy Traders 0.4%     
AES (2)  20,455  341 
Constellation Energy Group  5,900  521 
Dynegy, Class A (2)  15,915  125 
Mirant (2)  7,700  280 
NRG Energy (1)(2)  7,300  285 
Reliant Energy (2)  10,437  247 
    1,799 
Multi-Utilities 1.1%     
Alliant Energy  3,500  123 
Ameren (1)  6,400  282 
Aquila (2)  9,000  29 
Avista  3,100  61 
Black Hills (1)  1,900  68 
CenterPoint Energy  8,500  121 
CH Energy Group (1)  2,300  90 
CMS Energy (1)  6,100  83 
Consolidated Edison (1)  8,500  337 
Dominion Resources  20,840  851 
DTE Energy (1)  4,949  192 
Energy East  4,300  104 
Integrys Energy Group  2,572  120 
MDU Resources Group  5,800  142 
NiSource  6,808  117 
NSTAR (1)  3,200  97 
OGE Energy  5,100  159 
PG&E  10,500  387 
PNM Resources (1)  3,050  38 
Public Service Enterprise  16,600  667 
Puget Energy  3,400  88 
SCANA  4,168  152 
Sempra Energy  8,851  472 
TECO Energy  6,500  104 
Vectren  2,800  75 
Wisconsin Energy  3,000  132 
XCEL Energy (1)  13,530  270 
    5,361 
Water Utilities 0.0%     
Aqua America (1)  4,057  76 
California Water Service Group (1)  1,600  61 
    137 
 
Total Utilities    18,199 
 
Total Common Stocks (Cost $391,596)    468,254 
SHORT-TERM INVESTMENTS 4.7%     
Money Market Funds 4.4%     
T. Rowe Price Reserve Investment Fund, 3.29% (3)(4)  21,584,882  21,585 
    21,585 
U.S. Treasury Obligations 0.3%     
U.S. Treasury Bills, 1.98%, 6/19/08 (5)  50,000  50 
U.S. Treasury Bills, 3.202%, 6/19/08 (5)  1,400,000  1,390 
    1,440 
Total Short-Term Investments (Cost $23,025)    23,025 
SECURITIES LENDING COLLATERAL 13.1%     
State Street Bank and Trust Company of New Hampshire N.A.,     
Securities Lending Quality Trust units, 3.28% (3)  63,974,950  63,975 
Total Securities Lending Collateral (Cost $63,975) 

  63,975 
Total Investments in Securities     
113.2% of Net Assets (Cost $478,596)  $  555,254 


 
 
 
 
 
‡  Denominated in U.S. dollars unless otherwise noted. 
(1)  All or a portion of this security is on loan at March 31, 2008 -- total value of such 
  securities at period-end amounts to $64,477. See Note 3. 
(2)  Non-income producing 
(3)  Seven-day yield 
(4)  Affiliated Companies 
(5)  All or a portion of this security is pledged to cover margin requirements on futures 
  contracts at March 31, 2008. 
REIT  Real Estate Investment Trust 

Open Futures Contracts at March 31, 2008 were as follows:     
($ 000s)           
      Contract    Unrealized 
  Expiration    Value    Gain (Loss) 
Long, 268 S&P 500 Mini contracts           
$1,134 par of 3.202% U.S. Treasury Bills           
and $50 par of 1.98% U.S. Treasury Bills           
pledged as initial margin         6/08  $  17,742  $  284 
Long, 28 Russell 2000 Mini contracts           
$138 par of 3.202% U.S. Treasury Bills           
pledged as initial margin         6/08    1,932    58 
Long, 34 S&P Mid-Cap 400 E-mini contracts           
$128 par of 3.202% U.S. Treasury Bills           
pledged as initial margin         6/08    2,657    39 
 
Net payments (receipts) of variation           
margin to date          (273) 
Variation margin receivable (payable)           
on open futures contracts        $  108 




(4) 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 which is under common 
ownership or control.               
 
Purchase    Sales    Investment  Value   
Affiliate  Cost    Cost    Income  3/31/08  12/31/07 
T. Rowe Price Reserve               
Investment Fund,               
3.29%  ¤    ¤    $233  $21,585   $24,877 
 
Totals          $233 $ 21,585  $ 24,877 
 
¤ Purchase and sale information not shown for cash management funds.     
 
 
Other information for the period ended March 31, 2008 related to affiliated companies is as follows: 
 
Investment in securities, at cost    $  21,585       
     Dividend income      233       
     Interest income        -       
Investment income    $  233       
Realized gain (loss) on securities    $    -       
Capital gain distributions from               
mutual funds    $    -       

The accompanying notes are an integral part of this Portfolio of Investments.




T. Rowe Price Total Equity Market Index Fund   
Unaudited  March 31, 2008 
Notes To Portfolio of Investments   

T. Rowe Price Index Trust, Inc. (the trust), is registered under the Investment Company Act of 1940 (the 1940 Act). The Total Equity Market Index Fund (the fund), a diversified, open-end management investment company, is one portfolio established by the trust. The fund seeks to match the performance of the entire U.S. stock market, as represented by the Dow Jones Wilshire 5000 Composite Index.

NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES

Basis of Preparation

The accompanying Portfolio of Investments was prepared in accordance with accounting principles generally accepted in the United States of America, which require the use of estimates made by fund management. Fund management believes that estimates and security valuations are appropriate; however, actual results may differ from those estimates, and the security valuations reflected in the Portfolio of Investments may differ from the value the fund receives upon sale of the securities.

Investment Transactions
Investment transactions are accounted for on the trade date.

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 quoted by a major bank. Purchases and sales of securities are translated into U.S. dollars at the prevailing exchange rate on the date of the transaction.

New Accounting Pronouncement

On January 1, 2008, the fund adopted Statement of Financial Accounting Standards No. 157 (FAS 157), Fair Value Measurements. FAS 157 defines fair value, establishes the framework for measuring fair value, and expands the disclosures of fair value measurements in the financial statements. Adoption of FAS 157 did not have a material impact on the fund’s net assets or results of operations.

NOTE 2 – VALUATION

The fund’s investments are reported at fair value as defined under FAS 157. The fund values its investments and computes its net asset value per share at the close of the New York Stock Exchange (NYSE), normally 4 p.m. ET, each day that the NYSE is open for business.

Valuation Methods

Equity securities listed or regularly traded on a securities exchange or in the over-the-counter (OTC) market are valued at the last quoted sale price at the time the valuations are made, except for OTC Bulletin Board securities, which are valued at the mean of the latest 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 latest bid and asked prices. Debt securities with original maturities of less than one year generally use amortized cost in local currency to approximate fair value; however, if amortized cost is deemed not to reflect fair value, such securities are valued at prices furnished by dealers who make markets in such securities or by an independent pricing service.

Investments in mutual funds are valued at the mutual fund’s closing net asset value per share on the day of valuation. Financial futures contracts are valued at closing settlement prices.

Other investments, including restricted securities, and those for which the above valuation procedures are inappropriate or are deemed not to reflect fair value are stated at fair value as determined in good faith by the T. Rowe Price Valuation Committee, established by the fund’s Board of Directors.

Valuation Inputs

Various inputs are used to determine the value of the fund’s investments. These inputs are summarized in the three broad levels listed below:

Level 1  –  quoted prices in active markets for identical securities 
Level 2  –  observable inputs other than Level 1 quoted prices (including, but not limited to, quoted prices 
    for similar securities, interest rates, prepayment speeds, credit risk) 
Level 3  –  unobservable inputs 

Observable inputs are those based on market data obtained from sources independent of the fund, and unobservable inputs reflect the fund’s own assumptions based on the best information available. The input levels are not necessarily an indication of the risk or liquidity associated with investments at that level. The following table summarizes the fund’s investments, based on the inputs used to determine their values on March 31, 2008:

                                     Valuation Inputs    Investments in    Other Financial 
    Securities    Instruments* 
Level 1 – quoted prices  $  531,887,000  $  0 
Level 2 – significant other observable inputs    23,367,000    108,000 
Level 3 – significant unobservable inputs    0    0 
Total  $  555,254,000  $  108,000 

*      Other financial instruments are derivative instruments not reflected in the Portfolio of Investments, such as futures contracts, forward currency exchange contracts, written options, and swaps, which are presented following the Portfolio of Investments.
 

NOTE 3 - INVESTMENT TRANSACTIONS

Consistent with its investment objective, the fund engages in the following practices to manage exposure to certain risks 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.

Futures Contracts

The fund may invest in futures contracts, which provide for the future sale by one party and purchase by another of a specified amount of a specific financial instrument at an agreed upon price, date, time, and place. Risks arise from possible illiquidity of the futures market and from movements in security values.

Securities Lending

The fund lends its securities to approved brokers to earn additional income. It receives as collateral cash and U.S. government securities valued at 102% to 105% of the value of the securities on loan. Cash collateral is invested by the fund’s lending agent(s) in accordance with investment guidelines approved by fund management. Although risk is mitigated by the collateral, 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 or if collateral investments decline in value. On March 31, 2008, the value of loaned securities was $64,477,000; aggregate collateral received included U.S. government securities valued at $1,753,000.

NOTE 4 - FEDERAL INCOME TAXES

At March 31, 2008, the cost of investments for federal income tax purposes was $478,596,000. Net unrealized gain aggregated $77,039,000 at period-end, of which $126,352,000 related to appreciated investments and $49,313,000 related to depreciated investments.

NOTE 5 - RELATED PARTY TRANSACTIONS

The fund may invest in the T. Rowe Price Reserve Investment Fund and the T. Rowe Price Government Reserve Investment Fund (collectively, the T. Rowe Price Reserve Investment Funds), open-end management investment companies managed by T. Rowe Price Associates, Inc. (Price Associates), and considered affiliates of the fund. The T. Rowe Price Reserve Investment Funds are offered as cash management options to mutual funds, trusts, and other accounts managed by Price Associates and/or its affiliates and are not available for direct purchase by members of the public. The T. Rowe Price Reserve Investment Funds pay no investment management fees.

 


T. ROWE PRICE EQUITY INDEX 500 FUND     
Unaudited    March 31, 2008 
Portfolio of Investments ‡  Shares/$ Par  Value 
(Cost and value in $000s)     
 
COMMON STOCKS 97.3%     
CONSUMER DISCRETIONARY 8.4%     
Auto Components 0.2%     
Goodyear Tire & Rubber (1)  202,350  5,220 
Johnson Controls  499,287  16,876 
    22,096 
Automobiles 0.3%     
Ford Motor (1)(2)  1,841,528  10,533 
GM (2)  476,566  9,079 
Harley-Davidson (2)  198,290  7,436 
    27,048 
Distributors 0.1%     
Genuine Parts  137,112  5,515 
    5,515 
Diversified Consumer Services 0.1%     
Apollo Group, Class A (1)  115,439  4,987 
H&R Block  272,838  5,664 
    10,651 
Hotels, Restaurants & Leisure 1.3%     
Carnival (2)  373,398  15,115 
Darden Restaurants  116,352  3,787 
International Game Technology  264,364  10,630 
Marriott, Class A  260,610  8,955 
McDonald's  968,564  54,017 
Starbucks (1)(2)  616,086  10,781 
Starwood Hotels & Resorts Worldwide  167,745  8,681 
Wendy's  71,235  1,643 
Wyndham Worldwide  143,417  2,966 
Yum! Brands  411,220  15,301 
    131,876 
Household Durables 0.5%     
Black & Decker (2)  50,834  3,360 
Centex (2)  103,792  2,513 
D. R. Horton (2)  235,900  3,715 
Fortune Brands  128,389  8,923 
Harman International  48,600  2,116 
KB Home (2)  60,724  1,502 
Leggett & Platt (2)  132,096  2,015 
Lennar, Class A (2)  115,500  2,173 
Newell Rubbermaid  238,225  5,448 
Pulte (2)  180,372  2,624 
Snap-On  47,300  2,405 
Stanley Works  66,717  3,177 
Whirlpool (2)  66,208  5,746 
    45,717 
Internet & Catalog Retail 0.2%     
Amazon.com (1)(2)  260,200  18,552 
Expedia (1)  170,900  3,741 
    22,293 
Leisure Equipment & Products 0.1%     
Brunswick (2)  69,130  1,104 
Eastman Kodak (2)  232,162  4,102 
Hasbro  118,821  3,315 
Mattel  314,319  6,255 
    14,776 
Media 2.8%     
CBS, Class B  577,767  12,757 
Clear Channel Communications  416,945  12,183 
Comcast, Class A  2,550,376  49,324 
DIRECTV (1)  598,700  14,842 
Disney  1,587,468  49,815 
Gannett  192,798  5,601 
Interpublic Group (1)(2)  395,200  3,324 
McGraw-Hill  273,124  10,092 
Meredith  32,776  1,254 
New York Times, Class A (2)  113,191  2,137 
News Corp., Class A  1,928,489  36,159 
Omnicom  273,666  12,090 
Scripps, Class A (2)  75,600  3,176 
Time Warner  3,033,145  42,525 
Viacom, Class B (1)  546,267  21,643 
Washington Post, Class B  4,800  3,175 
    280,097 
Multiline Retail 0.8%     
Big Lots (1)(2)  78,034  1,740 
Dillards, Class A (2)  46,755  805 
Family Dollar Stores (2)  111,509  2,175 
J.C. Penney  185,122  6,981 
Kohl's (1)  262,422  11,255 
Macys  360,784  8,320 
Nordstrom (2)  156,602  5,105 
Sears Holding (1)(2)  62,219  6,352 
Target  693,217  35,132 
    77,865 
Specialty Retail 1.6%     
Abercrombie & Fitch  72,000  5,266 
Autonation (1)(2)  104,951  1,571 
AutoZone (1)  36,345  4,137 
Bed Bath & Beyond (1)(2)  225,922  6,665 
Best Buy (2)  294,813  12,223 
GameStop (1)  135,200  6,991 
GAP  391,801  7,711 
Home Depot  1,415,595  39,594 
Lowes  1,226,318  28,132 
Office Depot (1)  227,439  2,513 
OfficeMax  62,558  1,197 
RadioShack (2)  104,243  1,694 
Sherwin-Williams (2)  85,799  4,379 
Staples  587,671  12,993 
The Limited  260,701  4,458 
Tiffany (2)  108,907  4,557 
TJX  365,764  12,096 
    156,177 
Textiles, Apparel & Luxury Goods 0.4%     
Coach (1)  303,690  9,156 
Jones Apparel Group  74,759  1,003 
Liz Claiborne (2)  75,043  1,362 
Nike, Class B  319,270  21,711 
Polo Ralph Lauren (2)  51,500  3,002 
V. F.  72,227  5,598 
    41,832 
 
Total Consumer Discretionary    835,943 
CONSUMER STAPLES 10.8%     
 
Beverages 2.5%     
Anheuser-Busch  606,826  28,794 
Brown-Forman, Class B (2)  73,531  4,869 
Coca-Cola  1,687,632  102,726 
Coca-Cola Enterprises  241,774  5,851 
Constellation Brands, Class A (1)(2)  164,100  2,900 
Molson Coors Brewing, Class B  113,212  5,952 
Pepsi Bottling Group  114,244  3,874 
PepsiCo  1,352,865  97,677 
    252,643 
Food & Staples Retailing 2.6%     
Costco Wholesale  364,207  23,663 
CVS Caremark  1,204,251  48,784 
Kroger  565,053  14,352 
Safeway  369,181  10,836 
SUPERVALU  172,682  5,177 
Sysco  508,004  14,742 
Wal-Mart  1,989,257  104,794 
Walgreen  833,660  31,754 
Whole Foods Market (2)  113,500  3,742 
    257,844 
Food Products 1.5%     
Archer-Daniels-Midland  541,016  22,268 
Campbell Soup  186,449  6,330 
ConAgra  401,661  9,620 
Dean Foods (2)  125,300  2,517 
General Mills  283,129  16,954 
Heinz  263,759  12,389 
Hershey Foods (2)  140,406  5,289 
Kellogg  219,136  11,518 
Kraft Foods, Class A  1,289,153  39,977 
McCormick  108,805  4,022 
Sara Lee  602,508  8,423 
Tyson Foods, Class A  227,200  3,624 
Wrigley  182,503  11,468 
    154,399 
Household Products 2.5%     
Clorox  116,197  6,581 
Colgate-Palmolive  428,991  33,423 
Kimberly-Clark  355,140  22,924 
Procter & Gamble  2,594,660  181,808 
    244,736 
Personal Products 0.2%     
Avon  359,261  14,205 
Estee Lauder, Class A (2)  98,700  4,526 
    18,731 
Tobacco 1.5%     
Altria Group  1,778,606  39,485 
Philip Morris International (1)  1,778,606  89,962 
Reynolds American (2)  142,898  8,435 
UST (2)  129,915  7,083 
    144,965 
 
Total Consumer Staples    1,073,318 
ENERGY 12.9%     
 
Energy Equipment & Services 2.7%     
Baker Hughes  264,796  18,139 
BJ Services  248,622  7,088 
Cameron International (1)  186,200  7,753 
ENSCO International (2)  118,900  7,445 
Halliburton  739,508  29,085 
Nabors Industries (1)(2)  240,592  8,125 
National Oilwell Varco (1)  301,454  17,599 
Noble Drilling  225,160  11,184 
Rowan (2)  91,795  3,780 
Schlumberger  1,010,418  87,906 
Smith International  168,700  10,836 
Transocean (1)  267,086  36,110 
Weatherford International (1)  284,300  20,603 
    265,653 
Oil, Gas & Consumable Fuels 10.2%     
Anadarko Petroleum  393,540  24,805 
Apache  279,837  33,810 
Chesapeake Energy (2)  385,500  17,791 
Chevron  1,751,221  149,484 
ConocoPhillips  1,317,013  100,370 
CONSOL Energy  154,700  10,704 
Devon Energy  375,212  39,146 
El Paso  591,972  9,851 
EOG Resources  208,454  25,015 
ExxonMobil  4,513,482  381,750 
Hess  234,252  20,656 
Marathon Oil  596,582  27,204 
Murphy Oil  160,000  13,142 
Noble Energy  144,700  10,534 
Occidental Petroleum  694,894  50,845 
Peabody Energy  226,900  11,572 
Range Resources  127,500  8,090 
Spectra Energy  529,637  12,049 
Sunoco  100,174  5,256 
Tesoro (2)  112,000  3,360 
Valero Energy  457,934  22,489 
Williams Companies  494,670  16,314 
XTO Energy (2)  429,173  26,549 
    1,020,786 
 
Total Energy    1,286,439 
FINANCIALS 16.4%     
 
Capital Markets 2.9%     
American Capital Strategies (2)  164,600  5,623 
Ameriprise Financial  191,239  9,916 
Bank of New York Mellon  957,272  39,947 
Charles Schwab  787,499  14,829 
E*TRADE Financial (1)(2)  388,551  1,500 
Federated Investors, Class B  73,351  2,872 
Franklin Resources  134,937  13,087 
Goldman Sachs  332,424  54,980 
Janus Capital Group (2)  123,215  2,867 
Legg Mason  114,400  6,404 
Lehman Brothers (2)  443,946  16,710 
Merrill Lynch  817,126  33,290 
Morgan Stanley  928,924  42,452 
Northern Trust  160,932  10,697 
State Street  325,223  25,693 
T. Rowe Price Group (2)(3)  220,852  11,042 
    291,909 
Commercial Banks 2.9%     
BB&T (2)  454,758  14,580 
Comerica  127,885  4,486 
Fifth Third Bancorp (2)  459,996  9,623 
First Horizon National (2)  100,395  1,407 
Huntington Bancshares (2)  299,158  3,216 
KeyCorp  330,784  7,261 
M & T Bank (2)  61,972  4,987 
Marshall & Ilsley  223,507  5,185 
National City (2)  515,687  5,131 
PNC Financial Services Group  292,722  19,194 
Regions Financial (2)  591,965  11,691 
SunTrust  297,611  16,410 
Toronto Dominion Bank  66,893  4,104 
U.S. Bancorp  1,448,522  46,874 
Wachovia  1,664,665  44,946 
Wells Fargo  2,772,636  80,684 
Zions Bancorporation (2)  88,028  4,010 
    283,789 
Consumer Finance 0.7%     
American Express  977,999  42,758 
Capital One Financial (2)  320,924  15,796 
Discover Financial  398,162  6,518 
SLM Corporation (1)(2)  410,424  6,300 
    71,372 
Diversified Financial Services 4.2%     
Bank of America  3,735,938  141,629 
CIT Group (2)  153,648  1,821 
Citigroup  4,378,592  93,789 
CME Group  45,836  21,502 
IntercontinentalExchange (1)  58,400  7,621 
JPMorgan Chase  2,877,813  123,602 
Leucadia National (2)  139,700  6,317 
Moody's (2)  175,388  6,109 
NYSE Euronext (2)  223,900  13,817 
    416,207 
Insurance 3.9%     
ACE Limited  274,302  15,103 
AFLAC  403,984  26,239 
Allstate  476,767  22,913 
Ambac Financial Group (2)  238,075  1,369 
American International Group  2,121,117  91,738 
Aon  249,995  10,050 
Assurant  79,900  4,863 
Chubb  319,088  15,789 
Cincinnati Financial  134,023  5,098 
Genworth Financial, Class A  373,200  8,449 
Hartford Financial Services  262,375  19,880 
Lincoln National  223,881  11,642 
Loews  368,782  14,832 
Marsh & McLennan (2)  433,793  10,563 
MBIA (2)  168,086  2,054 
MetLife  596,424  35,941 
Principal Financial Group  218,292  12,163 
Progressive  582,260  9,357 
Prudential Financial  380,895  29,805 
SAFECO  80,729  3,542 
The Travelers Companies  529,196  25,322 
Torchmark  74,964  4,506 
Unum Group  301,429  6,635 
XL Capital  151,076  4,464 
    392,317 
Real Estate Investment Trusts (REITs) 1.2%     
AIMCO, REIT (2)  83,708  2,998 
AvalonBay Communities, REIT  64,000  6,177 
Boston Properties, REIT (2)  102,200  9,410 
Developers Diversified Realty, REIT (2)  99,700  4,175 
Equity Residential, REIT (2)  233,475  9,687 
General Growth Properties, REIT (2)  222,300  8,485 
HCP, REIT  113,200  3,827 
Host Hotels & Resorts, REIT  451,100  7,182 
Kimco Realty, REIT  213,900  8,378 
Plum Creek Timber, REIT (2)  143,668  5,847 
ProLogis, REIT  213,821  12,585 
Public Storage, REIT  105,400  9,341 
Simon Property Group, REIT  186,329  17,312 
Vornado Realty Trust, REIT  111,900  9,647 
    115,051 
Real Estate Management & Development 0.0%     
CB Richard Ellis Group, Class A (1)(2)  163,200  3,532 
    3,532 
Thrifts & Mortgage Finance 0.6%     
Countrywide Financial (2)  462,367  2,543 
Fannie Mae  820,608  21,598 
Freddie Mac  559,019  14,154 
Hudson City Bancorp  428,700  7,579 
MGIC Investment (2)  94,545  996 
Sovereign Bancorp (2)  289,269  2,696 
Washington Mutual (2)  736,065  7,582 
    57,148 
 
Total Financials    1,631,325 
 
HEALTH CARE 11.4%     
 
Biotechnology 1.3%     
Amgen (1)  914,532  38,209 
Biogen Idec (1)  250,959  15,482 
Celgene (1)  365,852  22,423 
Genzyme (1)  226,235  16,863 
Gilead Sciences (1)  782,934  40,345 
    133,322 
Health Care Equipment & Supplies 1.9%     
Baxter International  534,349  30,896 
Becton, Dickinson & Company  205,012  17,600 
Boston Scientific (1)  1,123,629  14,461 
C.R. Bard  84,854  8,180 
Covidien  417,536  18,476 
Hospira (1)  130,762  5,593 
Medtronic  947,327  45,822 
St. Jude Medical (1)  289,621  12,509 
Stryker  200,551  13,046 
Varian Medical Systems (1)  104,400  4,890 
Zimmer Holdings (1)  196,581  15,306 
    186,779 
Health Care Providers & Services 1.8%     
Aetna  415,422  17,485 
AmerisourceBergen  139,562  5,719 
Cardinal Health  301,002  15,806 
Cigna  230,228  9,340 
Coventry Health Care (1)  128,100  5,169 
Express Scripts (1)  210,980  13,570 
Humana (1)  143,254  6,427 
Laboratory Corporation of America (1)(2)  95,500  7,037 
McKesson  243,059  12,729 
Medco Health Solutions (1)  444,392  19,460 
Patterson Companies (1)(2)  116,400  4,225 
PharMerica (1)  1  — 
Quest Diagnostics (2)  131,196  5,939 
Tenet Healthcare (1)(2)  387,133  2,191 
UnitedHealth Group  1,066,046  36,629 
WellPoint (1)  462,874  20,427 
    182,153 
Health Care Technology 0.0%     
IMS Health  169,218  3,555 
    3,555 
Life Sciences Tools & Services 0.4%     
Applera  140,098  4,603 
Millipore (1)(2)  47,540  3,205 
PerkinElmer  101,500  2,461 
Thermo Fisher Scientific (1)  343,507  19,525 
Waters Corporation (1)  82,635  4,603 
    34,397 
Pharmaceuticals 6.0%     
Abbott Laboratories  1,303,517  71,889 
Allergan  256,532  14,466 
Barr Pharmaceuticals (1)  89,100  4,304 
Bristol-Myers Squibb  1,665,010  35,465 
Eli Lilly  835,080  43,082 
Forest Laboratories (1)  262,514  10,503 
Johnson & Johnson  2,391,290  155,123 
King Pharmaceuticals (1)  203,875  1,774 
Merck  1,824,664  69,246 
Mylan (2)  243,505  2,825 
Pfizer  5,705,814  119,423 
Schering-Plough  1,360,866  19,610 
Watson Pharmaceuticals (1)  88,819  2,604 
Wyeth  1,125,847  47,015 
    597,329 
 
Total Health Care    1,137,535 
INDUSTRIALS & BUSINESS SERVICES 11.8%     
 
Aerospace & Defense 2.8%     
Boeing  649,580  48,309 
General Dynamics  336,072  28,018 
Goodrich  103,935  5,977 
Honeywell International  627,366  35,396 
L-3 Communication  104,869  11,467 
Lockheed Martin  289,144  28,712 
Northrop Grumman  283,859  22,087 
Precision Castparts  116,300  11,872 
Raytheon  357,058  23,070 
Rockwell Collins  140,181  8,011 
United Technologies  826,596  56,886 
    279,805 
Air Freight & Logistics 1.0%     
C.H. Robinson Worldwide  140,200  7,627 
Expeditors International of Washington  181,200  8,187 
Fedex  256,010  23,724 
UPS, Class B  876,069  63,971 
    103,509 
Airlines 0.1%     
Southwest Airlines  621,645  7,708 
    7,708 
Building Products 0.1%     
Masco (2)  308,754  6,123 
Trane  143,821  6,601 
    12,724 
Commercial Services & Supplies 0.4%     
Allied Waste Industries (1)  280,193  3,029 
Avery Dennison  85,077  4,190 
Cintas  110,311  3,148 
Equifax (2)  108,445  3,739 
Pitney Bowes  182,938  6,406 
R.R. Donnelley  178,642  5,415 
Robert Half International  134,762  3,469 
Waste Management  425,410  14,277 
    43,673 
Construction & Engineering 0.2%     
Fluor  74,545  10,523 
Jacobs Engineering Group (1)  100,000  7,359 
    17,882 
Electrical Equipment 0.5%     
Cooper Industries, Class A  147,042  5,904 
Emerson Electric  658,160  33,869 
Rockwell Automation  128,746  7,392 
    47,165 
Industrial Conglomerates 3.9%     
3M  595,601  47,142 
GE  8,414,868  311,434 
Textron  207,690  11,510 
Tyco International  416,236  18,335 
    388,421 
Machinery 1.8%     
Caterpillar  528,084  41,344 
Cummins  170,396  7,978 
Danaher  209,619  15,937 
Deere  372,296  29,947 
Dover  167,909  7,015 
Eaton  122,402  9,752 
Illinois Tool Works (2)  342,778  16,532 
Ingersoll-Rand, Class A  227,048  10,122 
ITT  148,566  7,697 
Manitowoc  105,976  4,324 
PACCAR  305,108  13,730 
Pall  104,842  3,677 
Parker Hannifin  138,808  9,615 
Terex (1)  86,200  5,388 
    183,058 
Road & Rail 0.9%     
Burlington Northern Santa Fe  248,035  22,874 
CSX  345,704  19,384 
Norfolk Southern  320,869  17,429 
Ryder System  46,593  2,838 
Union Pacific  219,588  27,532 
    90,057 
Trading Companies & Distributors 0.1%     
W. W. Grainger  58,932  4,502 
    4,502 
 
Total Industrials & Business Services    1,178,504 
INFORMATION TECHNOLOGY 15.3%     
 
Communications Equipment 2.4%     
Ciena (1)(2)  72,515  2,236 
Cisco Systems (1)  5,013,209  120,768 
Corning  1,324,069  31,831 
JDS Uniphase (1)(2)  186,570  2,498 
Juniper Networks (1)  440,500  11,012 
Motorola  1,902,536  17,694 
QUALCOMM  1,367,885  56,083 
Tellabs (1)(2)  359,379  1,959 
    244,081 
Computers & Peripherals 4.3%     
Apple (1)  740,732  106,295 
Dell (1)  1,878,824  37,426 
EMC (1)  1,754,963  25,166 
Hewlett-Packard  2,073,343  94,669 
IBM  1,166,758  134,340 
Lexmark International (1)(2)  78,509  2,412 
NetApp (1)  280,523  5,624 
QLogic (1)  106,778  1,639 
Sandisk (1)(2)  196,000  4,424 
Sun Microsystems (1)  695,277  10,798 
Teradata (1)  156,898  3,461 
    426,254 
Electronic Equipment & Instruments 0.3%     
Agilent Technologies (1)  321,536  9,591 
Jabil Circuit  175,274  1,658 
Molex (2)  116,276  2,693 
Tyco Electronics  413,136  14,179 
    28,121 
Internet Software & Services 1.6%     
Akamai Technologies (1)(2)  141,500  3,985 
eBay (1)  946,743  28,251 
Google, Class A (1)  195,500  86,112 
IAC/InterActiveCorp (1)  151,900  3,153 
Monster Worldwide (1)(2)  102,353  2,478 
VeriSign (1)(2)  182,900  6,079 
Yahoo! (1)  1,127,196  32,610 
    162,668 
IT Services 0.9%     
Affiliated Computer Services, Class A (1)  85,053  4,262 
Automatic Data Processing  437,081  18,528 
Cognizant Technology Solutions, Class A (1)  239,300  6,899 
Computer Sciences (1)  139,411  5,687 
Convergys (1)  111,506  1,679 
Electronic Data Systems  427,095  7,111 
Fidelity National Information  141,000  5,378 
Fiserv (1)  135,115  6,498 
Metavante Technologies (1)(2)  63,869  1,277 
Paychex  279,105  9,562 
Total System Services  154,962  3,666 
Unisys (1)  263,067  1,165 
Western Union  621,403  13,217 
    84,929 
Office Electronics 0.1%     
Xerox  773,056  11,573 
    11,573 
Semiconductor & Semiconductor Equipment 2.4%     
Advanced Micro Devices (1)(2)  483,906  2,850 
Altera  275,516  5,078 
Analog Devices  257,574  7,604 
Applied Materials  1,159,571  22,623 
Broadcom, Class A (1)  382,627  7,373 
Intel  4,878,916  103,335 
KLA-Tencor (2)  154,428  5,729 
Linear Technology (2)  198,814  6,102 
LSI (1)(2)  560,887  2,776 
MEMC Electronic Materials (1)  190,800  13,528 
Microchip Technology (2)  173,000  5,662 
Micron Technology (1)(2)  647,436  3,865 
National Semiconductor  196,014  3,591 
Novellus Systems (1)(2)  99,825  2,101 
NVIDIA (1)  455,561  9,016 
Teradyne (1)  145,373  1,806 
Texas Instruments (2)  1,115,484  31,535 
Xilinx  239,183  5,681 
    240,255 
Software 3.3%     
Adobe Systems (1)  477,042  16,978 
Autodesk (1)  193,996  6,107 
BMC Software (1)  163,934  5,331 
CA  326,876  7,355 
Citrix Systems (1)  159,006  4,664 
Compuware (1)  224,913  1,651 
Electronic Arts (1)  265,320  13,245 
Intuit (1)  276,184  7,460 
Microsoft  6,749,553  191,552 
Novell (1)  275,909  1,735 
Oracle (1)  3,333,667  65,206 
Symantec (1)  719,767  11,963 
    333,247 
 
Total Information Technology    1,531,128 
MATERIALS 3.5%     
 
Chemicals 1.9%     
Air Products & Chemicals  181,683  16,715 
Ashland  46,453  2,197 
Dow Chemical  792,199  29,193 
DuPont  754,223  35,267 
Eastman Chemical (2)  68,004  4,247 
Ecolab  147,789  6,419 
Hercules  92,769  1,697 
International Flavors & Fragrances  68,054  2,998 
Monsanto  461,452  51,452 
PPG Industries  134,723  8,152 
Praxair  262,939  22,147 
Rohm & Haas (2)  103,168  5,579 
Sigma Aldrich  108,036  6,444 
    192,507 
Construction Materials 0.1%     
Vulcan Materials (2)  90,783  6,028 
    6,028 
Containers & Packaging 0.1%     
Ball  84,202  3,868 
Bemis (2)  77,352  1,967 
Pactiv (1)  113,173  2,966 
Sealed Air  141,340  3,569 
Temple-Inland (2)  77,078  981 
    13,351 
Metals & Mining 1.1%     
Alcoa  684,883  24,697 
Allegheny Technologies  84,549  6,033 
Freeport-McMoRan Copper & Gold  322,143  30,997 
Newmont Mining  381,319  17,274 
Nucor  241,912  16,387 
Titanium Metals (2)  82,900  1,248 
U.S. Steel  98,294  12,470 
    109,106 
Paper & Forest Products 0.3%     
International Paper  353,023  9,602 
MeadWestvaco  147,969  4,028 
Weyerhaeuser (2)  172,792  11,238 
    24,868 
Total Materials    345,860 
TELECOMMUNICATION SERVICES 3.3%     
Diversified Telecommunication Services 3.0%     
AT&T  5,091,100  194,989 
CenturyTel  94,775  3,150 
Citizens Communications  274,013  2,875 
Embarq  127,911  5,129 
Qwest Communications International (2)  1,329,219  6,022 
Verizon Communications  2,418,993  88,172 
Windstream  346,609  4,142 
    304,479 
Wireless Telecommunication Services 0.3%     
American Tower Systems, Class A (1)  337,880  13,248 
Sprint Nextel  2,393,524  16,013 
    29,261 
Total Telecommunication Services    333,740 
UTILITIES 3.5%     
Electric Utilities 2.1%     
Allegheny Energy  140,095  7,075 
American Electric Power  336,444  14,006 
Duke Energy  1,064,874  19,008 
Edison International  272,844  13,375 
Entergy  162,821  17,760 
Exelon  557,410  45,301 
FirstEnergy  258,768  17,756 
FPL Group  342,782  21,506 
Pepco  168,400  4,163 
Pinnacle West Capital (2)  88,426  3,102 
PPL (2)  316,158  14,518 
Progress Energy  215,251  8,976 
Southern Company (2)  645,486  22,986 
    209,532 
Gas Utilities 0.1%     
NICOR (2)  35,364  1,185 
Questar  144,700  8,184 
    9,369 
Independent Power Producers & Energy Traders 0.3%     
AES (1)  559,993  9,335 
Constellation Energy Group  151,560  13,378 
Dynegy, Class A (1)  410,236  3,237 
    25,950 
Multi-Utilities 1.0%     
Ameren  173,964  7,661 
CenterPoint Energy (2)  275,729  3,935 
CMS Energy (2)  184,720  2,501 
Consolidated Edison (2)  225,851  8,966 
Dominion Resources  487,858  19,924 
DTE Energy  134,588  5,234 
Integrys Energy Group  63,025  2,940 
NiSource  193,178  3,330 
PG&E  295,714  10,888 
Public Service Enterprise  430,094  17,286 
Sempra Energy  221,654  11,810 
TECO Energy  173,776  2,772 
XCEL Energy (2)  361,454  7,211 
    104,458 
Total Utilities    349,309 
Total Common Stocks (Cost $8,629,048)    9,703,101 
SHORT-TERM INVESTMENTS 2.4%     
Money Market Funds 2.3%     
T. Rowe Price Reserve Investment Fund, 3.29% (3)(4)  228,331,834  228,332 
    228,332 
U.S. Treasury Obligations 0.1%     
U.S. Treasury Bills, 3.16%, 6/19/08 (2)(5)  1,400,000  1,390 
U.S. Treasury Bills, 3.202%, 6/19/08 (2)(5)  12,000,000  11,916 
    13,306 
Total Short-Term Investments (Cost $241,638)    241,638 
SECURITIES LENDING COLLATERAL 5.2%     
State Street Bank and Trust Company of New Hampshire N.A.     
Securities Lending Quality Trust units, 3.28% (4)  517,940,655  517,941 
Total Securities Lending Collateral (Cost $517,941) 

  517,941 
Total Investments in Securities     
104.9% of Net Assets (Cost $9,388,627)  $  10,462,680 


 
 
 
 
‡  Denominated in U.S. dollars unless otherwise noted. 
(1)  Non-income producing 
(2)  All or a portion of this security is on loan at March 31, 2008 -- total value of such 
  securities at period-end amounts to $522,325. See Note 3. 
(3)  Affiliated Companies 
(4)  Seven-day yield 
(5)  All or a portion of this security is pledged to cover margin requirements on futures 
  contracts at March 31, 2008. 
REIT  Real Estate Investment Trust 

Open Futures Contracts at March 31, 2008 were as follows:     
($ 000s)           
      Contract    Unrealized 
  Expiration     Value    Gain (Loss) 
Long, 3,994 S&P Mini 500 contracts           
$13,800 par of 3.202% U.S. Treasury Bills           
and $1,400 of 3.16% U.S. Treasury Bills           
pledged as initial margin         6/08  $   264,403  $  2,724 
Net payments (receipts) of variation           
margin to date          (1,884) 
Variation margin receivable (payable)           
on open futures contracts        $  840 




(3) 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 which is under common 
ownership or control.           
 
  Purchase  Sales  Investment             Value   
Affiliate    Cost  Cost  Income  3/31/08  12/31/07 
 
T. Rowe Price Group    $800   $-  $ 53    $11,042   $12,538 
T. Rowe Price Reserve           
Investment             
Fund, 3.29%    ¤  ¤  2,159  228,332  372,732 
Totals        $2,212  $ 239,374   $385,270 
 
¤ Purchase and sale information not shown for cash management funds.     
 
 
Other information for the period ended March 31, 2008 related to affiliated companies is as follows: 
 
Investment in securities, at cost  $  235,706       
     Dividend income      2,212       
     Interest income      -       
Investment income    $  2,212       
Realized gain (loss) on securities  $  -       
Capital gain distributions from           
mutual funds    $  -       

The accompanying notes are an integral part of this Portfolio of Investments.




T. Rowe Price Equity Index 500 Fund   
Unaudited  March 31, 2008 
Notes To Portfolio of Investments   

T. Rowe Price Index Trust, Inc. (the trust), is registered under the Investment Company Act of 1940 (the 1940 Act). The Equity Index 500 Fund (the fund), a diversified, open-end management investment company, is one portfolio established by the trust. The fund seeks to match the performance of the Standard & Poor's 500 Stock Index®.

NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES

Basis of Preparation

The accompanying Portfolio of Investments was prepared in accordance with accounting principles generally accepted in the United States of America, which require the use of estimates made by fund management. Fund management believes that estimates and security valuations are appropriate; however, actual results may differ from those estimates, and the security valuations reflected in the Portfolio of Investments may differ from the value the fund receives upon sale of the securities.

Investment Transactions

Investment transactions are accounted for on the trade date.

New Accounting Pronouncement

On January 1, 2008, the fund adopted Statement of Financial Accounting Standards No. 157 (FAS 157), Fair Value Measurements. FAS 157 defines fair value, establishes the framework for measuring fair value, and expands the disclosures of fair value measurements in the financial statements. Adoption of FAS 157 did not have a material impact on the fund’s net assets or results of operations.

NOTE 2 - VALUATION

The fund’s investments are reported at fair value as defined under FAS 157. The fund values its investments and computes its net asset value per share at the close of the New York Stock Exchange (NYSE), normally 4 p.m. ET, each day that the NYSE is open for business.

Valuation Methods

Equity securities listed or regularly traded on a securities exchange or in the over-the-counter (OTC) market are valued at the last quoted sale price at the time the valuations are made, except for OTC Bulletin Board securities, which are valued at the mean of the latest 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 latest bid and asked prices. Debt securities with original maturities of less than one year generally use amortized cost in local currency to approximate fair value; however, if amortized cost is deemed not to reflect fair value, such securities are valued at prices furnished by dealers who make markets in such securities or by an independent pricing service.

Investments in mutual funds are valued at the mutual fund’s closing net asset value per share on the day of valuation. Financial futures contracts are valued at closing settlement prices.

Other investments, including restricted securities, and those for which the above valuation procedures are inappropriate or are deemed not to reflect fair value are stated at fair value as determined in good faith by the T. Rowe Price Valuation Committee, established by the fund’s Board of Directors.

Valuation Inputs

Various inputs are used to determine the value of the fund’s investments. These inputs are summarized in the three broad levels listed below:

Level 1  –  quoted prices in active markets for identical securities 
Level 2  –  observable inputs other than Level 1 quoted prices (including, but not limited to, 
    quoted prices for similar securities, interest rates, prepayment speeds, credit risk) 
Level 3  –  unobservable inputs 

Observable inputs are those based on market data obtained from sources independent of the fund, and unobservable inputs reflect the fund’s own assumptions based on the best information available. The input levels are not necessarily an indication of the risk or liquidity associated with investments at that level. The following table summarizes the fund’s investments, based on the inputs used to determine their values on March 31, 2008:

                                     Valuation Inputs    Investments in    Other Financial 
    Securities    Instruments* 
Level 1 – quoted prices  $  10,221,042,000  $  0 
Level 2 – significant other observable inputs    241,638,000    840,000 
Level 3 – significant unobservable inputs    0    0 
Total  $  10,462,680,000  $  840,000 

*      Other financial instruments are derivative instruments not reflected in the Portfolio of Investments, such as futures contracts, forward currency exchange contracts, written options, and swaps, which are presented following the Portfolio of Investments.
 

NOTE 3 - INVESTMENT TRANSACTIONS

Consistent with its investment objective, the fund engages in the following practices to manage exposure to certain risks 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.

Futures Contracts

The fund may invest in futures contracts, which provide for the future sale by one party and purchase by another of a specified amount of a specific financial instrument at an agreed upon price, date, time, and place. Risks arise from possible illiquidity of the futures market and from movements in security values.

Securities Lending

The fund lends its securities to approved brokers to earn additional income. It receives as collateral cash and U.S. government securities valued at 102% to 105% of the value of the securities on loan. Cash collateral is invested by the fund’s lending agent(s) in accordance with investment guidelines approved by fund management. Although risk is mitigated by the collateral, 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 or if collateral investments decline in value. On March 31, 2008, the value of loaned securities was $522,325,000; aggregate collateral received included U.S. government securities valued at $12,327,000.

NOTE 4 - FEDERAL INCOME TAXES

At March 31, 2008, the cost of investments for federal income tax purposes was $9,388,627,000. Net unrealized gain aggregated $1,076,777,000 at period-end, of which $1,937,478,000 related to appreciated investments and $860,701,000 related to depreciated investments.

NOTE 5 - RELATED PARTY TRANSACTIONS

Consistent with its investment objective, the fund may invest in T. Rowe Price Group, Inc. Additionally, the fund may invest in the T. Rowe Price Reserve Investment Fund and the T. Rowe Price Government Reserve Investment Fund (collectively, the T. Rowe Price Reserve Investment Funds), open-end management investment companies managed by T. Rowe Price Associates, Inc. (Price Associates), and considered affiliates of the fund. The T. Rowe Price Reserve Investment Funds are offered as cash management options to mutual funds, trusts, and other accounts managed by Price Associates and/or its affiliates and are not available for direct purchase by members of the public. The T. Rowe Price Reserve Investment Funds pay no investment management fees.

Item 2. 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-Q 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 registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

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






SIGNATURES

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

T. Rowe Price Index Trust, Inc.

 

By  /s/ Edward C. Bernard 
  Edward C. Bernard 
  Principal Executive Officer 
 
Date  May 20, 2008 

         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/ Edward C. Bernard 
  Edward C. Bernard 
  Principal Executive Officer 
 
Date  May 20, 2008 

By  /s/ Gregory K. Hinkle 
  Gregory K. Hinkle 
  Principal Financial Officer 
 
Date  May 20, 2008