UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 11-K

( Mark One )
      ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2018

or

         TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from              to             

Commission file number 1-7657

A.            Full title of the plan and the address of the plan, if different from that of the issuer named below:

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN

B.              Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:

AMERICAN EXPRESS COMPANY
200 Vesey Street
New York, New York 10285

 
 


 

 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Financial Statements and Supplemental Schedule



Table of Contents

 
Page
   
 
   
FINANCIAL STATEMENTS
 
   
1
   
2
   
3
   
 
   
16
   
62
   
63
   
E-1

*
Other supplemental schedules required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended, have been omitted because they are not applicable or not required.
 
 
 
 
 
 
Report of Independent Registered Public Accounting Firm


To the Administrator and Plan Participants of American Express Retirement Savings Plan
 
Opinion on the Financial Statements
 
We have audited the accompanying statements of net assets available for benefits of American Express Retirement Savings Plan   (the “Plan”) as of December 31, 2018   and 2017 and the related statement of changes in net assets available for benefits for the year ended December 31, 2018, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of   December 31, 2018   and 2017, and the changes in net assets available for benefits for the year ended December 31, 2018 in conformity with accounting principles generally accepted in the United States of America.  
 
Basis for Opinion
 
These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

Supplemental Information
 
The supplemental schedule of assets (held at end of year) as of December 31, 2018 and the schedule of assets acquired and disposed of within year) for the year ended December 31, 2018 have been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. The supplemental schedules are the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedules reconcile to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental schedules. In forming our opinion on the supplemental schedules, we evaluated whether the supplemental schedules, including their form and content, are presented in conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974.   In our opinion, the supplemental schedules are fairly stated, in all material respects, in relation to the financial statements as a whole.
 

 
/s/ PricewaterhouseCoopers LLP
Minneapolis, Minnesota
June 20, 2019
 

We have served as the Plan’s auditor since 2006.
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Statement of Net Assets Available for Benefits
as of December 31, 2018 and 2017
 
(Thousands)
 
2018
   
2017
 
Assets
           
Investments, at fair value:
           
Money market funds
 
$
39,198
   
$
55,811
 
Corporate debt instruments
   
84,623
     
91,782
 
Common stocks
   
1,823,770
     
2,074,740
 
U.S. Government and agency obligations
   
214,378
     
167,456
 
Common/collective trusts
   
1,622,061
     
1,311,735
 
Mutual funds
   
370,265
     
720,064
 
Self-directed brokerage accounts
   
123,618
     
147,313
 
Other investments
   
136,786
     
130,301
 
Total investments, at fair value
   
4,414,699
     
4,699,202
 
                 
Fully benefit responsive investment contracts, at contract value
   
523,756
     
529,458
 
Due from brokers
   
3,439
     
2,526
 
Cash (non-interest bearing)
   
4,257
     
2,857
 
Receivables:
               
Notes receivable from participants
   
81,802
     
79,947
 
Investment income accrued
   
3,137
     
2,902
 
   Employer contributions:
               
  Profit sharing
   
62,277
     
109,553
 
  Other than profit sharing
   
27,834
     
26,975
 
Total Assets
   
5,121,201
     
5,453,420
 
                 
Liabilities
               
Accrued expenses
   
2,755
     
2,734
 
Due to brokers
   
7,526
     
4,476
 
Total Liabilities
   
10,281
     
7,210
 
Net assets available for benefits
 
$
5,110,920
   
$
5,446,210
 

See accompanying notes to the financial statements .
 
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Statement of Changes in Net Assets Available for Benefits
for the Year Ended December 31, 2018
 
(Thousands)
 
2018
 
Contributions
     
Employer
     
Profit sharing
 
$
62,283
 
Other than profit sharing
   
134,476
 
Employee
   
172,342
 
Rollovers
   
13,718
 
Total contributions
   
382,819
 
         
Investment income
       
Net depreciation of investments
   
(330,176
)
Interest and dividends
   
67,358
 
Other income
   
221
 
Total investment loss
   
(262,597
)
         
Interest on notes receivable from participants
   
4,026
 
Total additions to net assets
   
124,248
 
         
Withdrawal payments
   
(445,097
)
Administrative expenses
   
(14,441
)
Total deductions to net assets
   
(459,538
)
         
Net decrease in net assets available for benefits
   
(335,290
)
         
Net assets available for benefits at beginning of year
   
5,446,210
 
Net assets available for benefits at end of year
 
$
5,110,920
 

See accompanying notes to the financial statements .
 
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements

 
 
1.
Description of the Plan

General

The American Express Retirement Savings Plan (the “Plan”), which became effective June 11, 1973, is a defined contribution pension plan.  Under the terms of the Plan, regular full-time and certain part-time employees of American Express Company and its participating subsidiaries (the “Company”) can make elective contributions to the Plan beginning as soon as practicable after their date of hire, and eligible employees hired for the first time on or after January 1, 2017 are covered by the Plan’s automatic enrollment provisions.  Eligible employees can qualify to receive Company contributions, if any, upon completion of six months of service.

The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).  The following is not a comprehensive description of the Plan, and therefore does not include all situations and limitations covered by the Plan.  The Plan Document (“Plan Document”) is the exclusive governing document and should be referred to for more complete information.

Administration

Wells Fargo Bank, N.A. is the Trustee and Recordkeeper for the Plan.  The Plan is administered by the Company’s Employee Benefits Administration Committee (“EBAC”) and the Company’s Retirement Savings Plan Investment Committee (“RSPIC”).  The Plan Document requires that the American Express Company Stock Fund be offered as an investment option, subject to compliance with ERISA.  RSPIC has the power to select the other investment options available under the Plan and the manner in which these investment options are invested.  Subject to Plan limits, RSPIC also has the power to appoint investment managers to make investment decisions.  Under the terms of the Plan Document, the members of EBAC and RSPIC are appointed by the Company’s Vice President, Benefits and Mobility.

Compensation

The participant compensation (commonly referred to as “Total Pay”) that is used in the calculation of Plan contributions generally includes an employee’s base pay plus overtime, shift differentials, most commissions and most cash incentives.  For participants above certain salary grades, as defined by the Plan, Total Pay does not include any incentive pay which, in the aggregate, is in excess of one times their base salary when calculating Company contributions.

For purposes of the Plan, compensation is limited to a participant’s regular cash remuneration up to a maximum of $275,000 in 2018 and $270,000 in 2017, before tax deductions and certain other withholdings.

Contributions

The Plan currently provides for the following contributions:

Elective Contributions
Each pay period, participants may make Before-Tax Contributions, Roth Contributions, and/or After-Tax Contributions up to 10% of eligible compensation, or a combination thereof, not to exceed 80% of their Total Pay, to the Plan through payroll deductions. Roth Contributions are a special type of after-tax contribution and are subject to most of the same rules as Before-Tax Contributions. The Internal Revenue Code of 1986, as amended (the “Code”) imposes a limitation that is adjusted annually for cost of living increases on participants’ pre-tax and Roth contributions to plans which are qualified under Code Section 401(k) and other specified tax-favored plans. For 2018 and 2017, this limit was $18,500 and $18,000, respectively, for participants under age 50 and $24,500 and $24,000, respectively, for participants age 50 or older. The Plan complied with non-discrimination requirements under the Code during 2018 and 2017 by utilizing the safe harbor design for deferrals and matching contributions in accordance with Sections 401(k)(12) and 401(m)(11) of the Code.
 
Eligible employees hired for the first time on or after January 1, 2017 are automatically enrolled to make Before-Tax Contributions equal to 3% of base pay, with a 1% automatic increase each year until the rate reaches 10%, unless the employee makes an alternative election to contribute at a different rate or opt out of automatic enrollment.
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements

Company Matching Contributions
The Company matches 100% of a participant’s Before-Tax Contributions and/or Roth Contributions up to 6% of Total Pay after a participant’s completion of six months of service.

Profit Sharing Contributions
Upon a participant’s completion of six months of service, additional Company contributions may be made annually at the Company’s discretion which can be based, in part, on the Company’s performance. Participants must be employed on the last working day of the Plan year (or be disabled under the terms of the Plan) to be eligible for any Profit Sharing Contributions made for that Plan year. Profit Sharing Contributions to eligible participants are made regardless of whether the eligible participant contributes to the Plan. Profit Sharing Contributions comprised 3.00% and 5.50% of eligible participants’ Total Pay in 2018 and 2017, respectively.  The 2017 Profit Sharing Contribution included an annual contribution equal to 3.00% of Total Pay plus a 2.50% one-time contribution.

Qualified Non-Elective Contributions
The Company may make Qualified Non-Elective Contributions (“QNEC”). A QNEC is a discretionary, fully vested contribution. The Company may designate all or part of a Company profit sharing contribution as a QNEC. Alternatively, the Company may, in its sole discretion, make an additional contribution designated as a QNEC. Any QNECs are fully vested when made and distributable only under circumstances that permit distributions of Before-Tax Contributions or Roth Contributions (excluding hardship withdrawals). QNECs may be allocated as a uniform percentage of eligible compensation for designated employees and may be restricted to only such employees employed on the last day of the Plan year. Alternatively, the Company may direct that QNECs be allocated among specifically designated non-highly compensated employees in varying percentages of compensation as permitted by law.

Conversion Contributions
For eligible employees on the Company’s United States payroll or on unpaid leave of absence on July 1, 2007 and who generally commenced service prior to April 1, 2007, the Company has made Conversion Contributions equal to a percentage of compensation. The amount of the participant’s Conversion Contributions was based on his/her projected attained age plus completed years of service with the Company as of December 31, 2008.  Conversion Contributions ranged from 0.5% to 8.0% of Total Pay.  Effective January 1, 2018, the Company phased out Conversion Contributions.  No Conversion Contributions will be provided for periods after December 31, 2018.

Disability Contributions
Certain qualifying participants who become disabled, as defined by the Plan Document, are eligible to receive contributions similar to Company Conversion Contributions (discontinued for periods after December 31, 2018 as mentioned above), Profit Sharing Contributions and/or Matching Contributions.

Transfer of Account Balances
A participant’s account balance may be transferred among the Plan’s investment options upon receipt of instructions from the participant. Account balances may be allocated among the Plan’s investment options on a daily basis.

Participant Rollovers
A rollover contribution is a transfer to the Plan of a qualified distribution in accordance with the provisions of the Plan. Rollovers are accepted into the Plan, but are not subject to Company contributions.

In-Plan Roth Conversions
The Plan allows for in-Plan Roth conversions.
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements

Vesting
Participants are immediately vested in their elective Before-Tax, Roth and After-Tax Contributions and rollovers, if any, as well as the investment earnings on the foregoing. Other contributions become vested as set forth below:

Company Matching Contributions
Company Matching Contributions and investment earnings thereon are immediately 100% vested.

Discretionary Profit Sharing Contributions
Profit Sharing Contributions and investment earnings thereon are 100% vested after the earlier of three years of service or, if still employed by the Company or an affiliate, at or after attainment of age 65, disability or death.

Qualified Non-Elective Contributions
QNECs are immediately 100% vested and investment earnings thereon are immediately 100% vested.

Conversion Contributions
Conversion Contributions and investment earnings thereon are 100% vested after the earlier of three years of service or, if still employed by the Company or an affiliate, at or after attainment of age 65, disability or death.

Disability Contributions
Disability Contributions are immediately 100% vested.

Forfeitures
Forfeitures of terminated participants’ non-vested accounts, as well as amounts attributable to outstanding checks as to which the payee cannot be located, are used to pay Plan expenses or to reduce future Company contributions.  Amounts attributable to uncashed checks may, in accordance with EBAC’s direction, be allocated wholly or partly to a reserve to cover future claims for these benefits or be treated in accordance with the normal rules for forfeitures. Forfeited non-vested balances were $1.6 million and $1.1 million as of December 31, 2018 and 2017, respectively. Accrued 2018 Profit Sharing Contributions made to the Plan in March 2019 were reduced by $1.0 million from forfeited account balances. Profit Sharing Contributions made to the Plan in March 2018 were reduced by $0.8 million from forfeited account balances.

Plan Termination
Although it has not expressed any intent to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants will become 100% vested in their accounts and Plan assets will be distributed in accordance with the Plan Document.

Notes Receivable from Participants
Notes receivable from participants (loans) are carried at their unpaid principal balance plus any accrued but unpaid interest.  Participants are allowed to apply for a loan from the Plan for a minimum amount of $500 up to the lesser of $50,000 or 50% of their vested balance, subject to certain restrictions set forth in the Plan and the Code.  General purpose loans are limited to terms of 59 months.  Loans to purchase a principal residence have a maximum term of 359 months.  Loan repayment amounts, including principal and interest, are deducted each pay period and allocated to participants’ investment accounts in accordance with the election in effect for new contributions at the time of repayment.  Terminated participants who have an outstanding loan may make arrangements with the Recordkeeper to pay the loan in full, or make installment payments.  If arrangements are not made for the payment of the outstanding loan balance, the loan amount will be considered in default and the outstanding loan balance will be offset from the account balance, subject to income tax regulations.

Loans are collateralized by the participant’s remaining vested account balance and the interest rate is fixed for the life of the loan.  The interest rate determination is based on the prime rate plus one percentage point.  In the event of a loan default, the loan is treated as a distribution (i.e., as an early withdrawal of funds from the Plan for tax purposes), which subjects the participant to income tax plus any penalties imposed by the Code based on the loan balance.  If the participant is still employed, the loan balance is taxed as a “deemed distribution” but remains outstanding as an obligation of the participant until it is either repaid or the participant terminates employment.  In the event of a termination, either voluntary or involuntary, the loan balance is treated as an actual distribution and deducted from the participant’s Plan account balance.  Loans outstanding to participants at December 31, 2018, carried interest rates varying from 3.25% to 9.50% and will mature at various dates through March 2049.
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements

 
Tax Deferrals
As long as the Plan remains qualified and the related Trust (the “Trust”) remains tax exempt, amounts invested in the Plan through Before-Tax Contributions and Company contributions and rollovers, as well as the investment earnings on such amounts, are not subject to federal income tax until distributed to the participant. After-Tax Contributions are taxed when contributed, with earnings taxed upon distribution. Roth Contributions are taxed when contributed, and earnings on Roth Contributions and rolled-in Roth amounts qualify for tax-free distribution if a participant (i) reaches age 59-1/2, dies or becomes disabled (as defined by federal law) and (ii) has a Roth Contribution account with the Plan (or another plan from which a direct rollover of Roth contributions is received) for at least five taxable years. If those conditions are not met, earnings on Roth Contributions are taxed when distributed. Amounts that are converted to Roth status through an in-plan Roth conversion are taxed when converted (with the exception of After-Tax Contributions; however, earnings on After-Tax Contributions are subject to tax when converted), and thereafter are subject to the Roth taxation rules.

Distributions and Withdrawals
Upon termination of employment due to disability, death or retirement at or after attainment of the Plan’s normal retirement age (65), participants or their beneficiaries are fully vested and eligible to receive a distribution of the full value of their accounts. If employment ends for other reasons, participants are eligible to receive a distribution of their vested account balance. When employment ends, participants (or their beneficiaries) may elect to receive their vested balance as a lump sum cash amount, American Express Company common shares, if applicable, shares of any investment available through the Self-Directed Brokerage Account (“SDA”), if applicable, or a combination of cash and shares. If the account balance is greater than $1,000, a participant may elect to defer distribution until April 1st of the year following the year in which the participant attains age 70-1/2. If the account balance is $1,000 or less, a distribution will be made in a lump sum following the end of employment. Participants may request a withdrawal of all or a portion of their vested account balance subject to limitations under the terms of the Plan and certain tax penalties imposed by the Code. Distributions and withdrawals are recorded when paid. Distributions may be rolled over to a qualified Individual Retirement Account (“IRA”) or other qualified employer retirement plan, if that plan allows rollovers.

Expenses
The Company, in its discretion, may pay certain administrative expenses, with any expenses not paid by the Company being charged to the Plan.  Expenses related to separately managed investment funds are generally paid out of the applicable investment funds.  Fees, commissions, and other charges and administrative expenses that are attributable to the investment funds as a whole are generally paid from the Plan. All such expenses that are paid by the Plan are included within the administrative expenses on the Statement of Changes in Net Assets Available for Benefits.  Fees and expenses incurred indirectly by the Plan from the underlying mutual funds and collective trusts in which the Plan may invest are not included in the Statement of Changes in Net Assets Available for Benefits as expenses, but reduce the asset value of that mutual fund or collective trust.  Additional expenses are associated with the SDA, and participants electing to invest through the SDA are charged directly for these fees through their SDA.

Wells Fargo Institutional Retirement & Trust charges the Plan for recordkeeping of participant accounts, as well as trust and custody of plan assets. The Plan’s fee structure provides for a flat per-participant fee. The Plan’s investment adviser, NEPC, LLC, receives its compensation primarily in the form of a flat fee for its investment advisory services, which is paid by the Plan, plus an additional flat fee related to the oversight of the asset allocation of the Retirement Funds, which is charged to the Plan’s Retirement Funds on a pro rata basis. Additionally, as described in Note 8, the Plan reimburses the Company for direct expenses (salary and benefit costs) associated with a Company employee dedicated to servicing the Company’s qualified retirement plans for time spent providing services to the Plan.
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements

2.
Summary of Significant Accounting Policies

Use of Estimates

The accompanying financial statements have been prepared on the accrual basis of accounting in conformity with accounting principles generally accepted in the United States of America (“GAAP”). Accounting estimates are an integral part of the financial statements. These estimates are based, in part, on management’s assumptions concerning future events. Among the more significant assumptions are those that relate to fair value measurements. These accounting estimates reflect the best judgment of management, but actual results could differ.

Investment Valuation and Income Recognition

Investments are generally reported at fair value, with the exception of fully benefit responsive investment contracts, which are reported at contract value.  Investments traded on securities exchanges, including common and preferred stocks, are valued at the year-end closing market prices or, in the absence of a closing price, the last reported trade price at the financial statement date. The fair value of the Plan’s corporate debt instruments, U.S. Government and agency securities, municipal bonds and foreign bonds, is valued using a variety of observable market inputs, depending on the type of security being priced, and are obtained from pricing services engaged by the Plan’s Trustee.  See Note 3 (Fair Value Measurements) for a detailed discussion of the valuation techniques.

Purchases and sales of securities are reflected on a trade-date basis. Dividend income is recorded on the ex-dividend date. Interest income is recorded on an accrual basis.  As required by the Plan, all dividend and interest income is reinvested into the same investment option in which the dividends and interest income arose, provided that restrictions may apply to investments held under the SDA, and with the exception of the American Express Company Stock Fund, which is an investment option and an Employee Stock Ownership Plan (“ESOP”).  The ESOP holds shares of American Express Company stock on behalf of participants.  Dividends are automatically reinvested in the American Express Company Stock Fund, unless participants elect that the dividends paid with respect to their interest in the fund be distributed in cash.

The Plan presents in the Statement of Changes in Net Assets Available for Benefits the net appreciation in the fair value of its investments, which consists of the realized gains or losses and the unrealized appreciation or depreciation on those investments.

Subsequent Events

The Plan has evaluated subsequent events for potential recognition and disclosure through the date the financial statements were issued. There were no subsequent events to report.

Recently Issued Accounting Standards

In August 2018, the Financial Accounting Standards Board (FASB) issued new accounting guidance on fair value disclosures, effective January 1, 2020, with early adoption permitted. The guidance amends the disclosure requirements primarily around Level 3 fair value measurements and transfers between levels of the fair value hierarchy; adding new disclosure requirements, eliminating some existing disclosure requirements and modifying others. New disclosure requirements, as well as any modifications of disclosures, require prospective application and all other amendments must be applied retrospectively to all periods presented. The Plan elected to early adopt the guidance which did not have a significant impact on the Plan’s disclosures.





AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements




3.
Fair Value Measurements

Fair value is defined as the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date, based on the Plan’s principal or, in the absence of a principal, most advantageous market for the specific asset or liability.

GAAP provides for a three-level hierarchy of inputs to valuation techniques used to measure fair value, defined as follows:

Level 1 – Inputs that are quoted prices (unadjusted) for identical assets or liabilities in active markets that the Plan can access.


Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the asset or liability, including:


Quoted prices for similar assets or liabilities in active markets;
Quoted prices for identical or similar assets or liabilities in markets that are not active;
Inputs other than quoted prices that are observable for the asset or liability; and
Inputs that are derived principally from or corroborated by observable market data by correlation or other means.


Level 3 – Inputs that are unobservable and reflect the Plan’s own assumptions about the assumptions market participants would use in pricing the asset or liability based on the best information available in the circumstances (e.g., internally derived assumptions surrounding the timing and amount of expected cash flows).
 
The Plan monitors the market conditions and evaluates the fair value hierarchy levels at least annually.

The Plan corroborates the prices provided by its Trustee’s pricing services to test their reasonableness by comparing their prices to valuations from a different pricing source. In instances where price discrepancies are identified between different pricing sources, the Plan would evaluate such discrepancies to ensure that the prices used for its calculation represent the fair value of the underlying investment securities.

Financial Assets Carried at Fair Value
Financial assets disclosed in the tables below represent two types of assets. Assets held in funds (either mutual funds or common/collective trusts) are disclosed in the table according to the appropriate fund category (the underlying securities of those funds are not disclosed separately). Assets held in separate accounts (which are wholly owned by the Plan) are disclosed according to the appropriate category of the individual securities of those separately managed accounts; these individual securities include common stocks and fixed income securities. As such, the classification of financial assets in the table does not correspond to the classification of the investment options available to Plan participants, as discussed in Note 4 (Investments).

 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements
 
The following table summarizes the Plan’s financial assets measured at fair value on a recurring basis, categorized by GAAP’s valuation hierarchy (as described above), as of December 31, 2018:

Description (Thousands)
 
Total
   
Level 1
   
Level 2
 
Money market funds
 
$
39,198
   
$
39,198
   
$
 
Corporate debt instruments
   
84,623
     
     
84,623
 
Common stocks
   
1,823,770
     
1,823,770
     
 
Common/Collective trusts
   
769,204
     
     
769,204
 
U.S. Government and agency obligations
   
214,378
     
     
214,378
 
Mutual funds
   
370,265
     
370,265
     
 
Self-directed brokerage accounts
   
123,618
     
123,618
     
 
Other investments
   
136,786
     
     
136,786
 
   Total assets in the fair value hierarchy
 
$
3,561,842
   
$
2,356,851
   
$
1,204,991
 
Common/collective trusts measured at net asset value ("NAV")
   
852,857
                 
   Total investments, at fair value
 
$
4,414,699
                 

 
The following table summarizes the Plan’s financial assets measured at fair value on a recurring basis, categorized by GAAP’s valuation hierarchy (as described above), as of December 31, 2017:

Description (Thousands)
 
Total
   
Level 1
   
Level 2
 
Money market funds
 
$
55,811
   
$
55,811
   
$
 
Corporate debt instruments
   
91,782
     
     
91,782
 
Common stocks
   
2,074,740
     
2,074,740
     
 
Common/Collective trusts
   
806,203
     
     
806,203
 
U.S. Government and agency obligations
   
167,456
     
     
167,456
 
Mutual funds
   
720,064
     
720,064
     
 
Self-directed brokerage accounts
   
147,313
     
147,313
     
 
Other investments
   
130,301
     
     
130,301
 
   Total assets in the fair value hierarchy
 
$
4,193,670
   
$
2,997,928
   
$
1,195,742
 
Common/collective trusts measured at NAV
   
505,532
                 
   Total investments, at fair value
 
$
4,699,202
                 

 
Valuation Techniques Used in the Fair Value Measurement of Financial Assets Carried at Fair Value
For the financial assets measured at fair value on a recurring basis (categorized in the valuation hierarchy table above), the Plan applies the following valuation techniques:

Level 1:

Money market funds are valued at NAV, which represents the exit price.
Investments in American Express Company common stock, other stock and active publicly traded equity securities are valued at the official closing price of U.S. public exchanges or, if there is no official closing price that day, at the last reported trade price at the financial statement date.
Mutual funds held within the Plan are open-end mutual funds that are registered with the Securities and Exchange Commission (“SEC”) under the Investment Company Act of 1940. These investments are required to make publicly available the daily NAV of the fund and to transact at this price. Hence, open-end mutual funds transact at quoted prices. In addition, the mutual funds held by the Plan are actively traded.
The Plan’s self-directed brokerage accounts are primarily comprised of mutual funds and in some cases Ameriprise Financial common stock, and are valued at fair value using the corresponding valuation techniques as previously described.


 
 
 

 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements
 
Level 2:
The fair values for the Plan’s corporate debt instruments, U.S. Government and agency obligations (which also include state and local government obligations) and Other investments (asset-backed securities, foreign sovereign debt and private placement bonds), are obtained primarily from pricing services engaged by the Plan’s Trustee. The fair values provided by the pricing service are estimated using pricing models, where the inputs to those models are based on observable market inputs or recent trades of similar securities. The inputs to the valuation techniques applied by the pricing service vary depending on the type of security being priced but are typically benchmark yields, benchmark security prices, credit spreads, prepayment speeds, reported trades, and broker-dealer quotes, all with reasonable levels of transparency.  The Trustee does not apply any adjustments to the pricing models used. In addition, the Plan did not apply any adjustments to the prices received from the pricing services for 2018 and 2017.  The Plan reaffirms its understanding of the valuation techniques used by the Trustee’s pricing services at least annually. The Plan classifies the prices obtained from the pricing services within Level 2 of the fair value hierarchy because the underlying inputs are directly observable from active markets or recent trades of similar securities in inactive markets. However, the pricing models used do entail a certain amount of subjectivity, and therefore differing judgments in how the underlying inputs are modeled could result in different estimates of fair value.
Common/collective trusts are investment funds formed by the pooling of investments by institutional investors, such as a group of not necessarily affiliated pension or retirement plans, typically with the intention of achieving cost savings over similar investment options such as mutual funds. Common/collective trusts are similar to mutual funds, with a named investment manager and documented investment objective.  These investments, however, are not registered with the SEC (unlike mutual funds, which are registered with the SEC), and participation is not open to the public.  The NAV is measured by the custodian or investment manager as of the close of regular daily trading and is corroborated with observable inputs provided by pricing services for the securities. To the extent the NAV is made publicly available, these common/collective trusts are classified within level 2 of the fair value hierarchy and the NAVs represent the exit price for the funds.



Level 3:

There are no Level 3 securities held by the Plan.



Assets Measured at NAV:

For common/collective trusts whose NAVs are communicated only to investors in the trusts and are not publicly available, the NAVs are being used as practical expedient for fair value and represent the exit price for the funds.



The fair values of the financial instruments are estimates based upon the market conditions and perceived risks as of December 31, 2018 and 2017, and require management judgment. The Plan’s valuation techniques used to measure the fair value of its investments may produce fair values that may not be indicative of a future sale, or reflective of future fair values. The use of different techniques to determine the fair value of these types of investments could result in different estimates of fair value at the reporting date.
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements
 
4.
Investments

The investment options available to participants include nine core investment options (the “Core Investment Options”), of which five are actively managed and four are passively managed (also known as index funds).  In addition, target date funds (the “Retirement Funds”) that invest in a mix of the actively managed Core Investment Options based on target retirement dates are also available, and the age-appropriate Retirement Fund for the year in which a participant turns 65 generally serves as the Plan’s “default investment” to the extent a participant does not have a valid investment election on file.  Additional investment options include an SDA and the American Express Company Stock Fund. A participant may currently elect to invest contributions in any combination of investment options in increments of 1% and change investment elections for future contributions on any business day the New York Stock Exchange is open.  Participants are only able to allocate 10% of their future contributions to the American Express Company Stock Fund, and transfers of balances from other investment options into the American Express Company Stock Fund are only permitted to the extent the participant’s investment in the American Express Company Stock Fund after the transfer does not exceed 10% of the participant’s overall Plan balance.  Special rules and restrictions may apply to the SDA.

A brief description of the investment options available to participants at December 31, 2018, is set forth below:

Core Investment Options
RSPIC has created five actively managed Core Investment Options to provide diversified and actively managed options to participants. Four of these actively managed Core Investment Options (The Diversified Bond Fund, The U.S. Large-Cap Equity Fund, The U.S. Small/Mid-Cap Equity Fund, and The International Equity Fund) represent a broad asset class (e.g., U.S. Large-Cap Equity, U.S. Small/Mid-Cap Equity, Bonds, etc.) using several managers (and in some cases, also including a passively managed component) within each Fund. These actively managed Core Investment Options seek to outperform a broad market index by buying and selling a limited number of investments (stocks, bonds, or other investments) using the underlying investment managers’ investment management skills.

The actively managed Stable Value Fund invests in diversified pools of U.S. Government and agency fixed income securities together with book value wrap agreements issued by creditworthy insurance companies or banks with the objective to protect a participant’s original investment while offering a competitive rate of interest with minimum risk.

The Stable Value Fund holds a portfolio of book value wrap contracts that are fully benefit-responsive and comprised of both an investment and a contractual component. The investment component consists of units of common/collective trusts, fixed income strategies and a portfolio of actively managed fixed income securities, referred to as the Stable Value Fund assets. Under the book value wrap contracts, the book value wrap provider is obligated to provide sufficient funds to cover participant benefit withdrawals and certain types of investment transfers regardless of the market value of the Stable Value Fund assets. A portion of the Stable Value Fund assets are held in a separate account at MetLife as a condition for MetLife to provide its life insurance separate account contract, which provides similar participant benefit payments as a book value wrap contract.  The assets in the MetLife separate account are not subject to the liabilities of the general account of MetLife. While the contracts are designed to protect the Stable Value Fund against interest rate risk, the Stable Value Fund is still exposed to risk if issuers of the Stable Value Fund assets default on payment of interest or principal, but this risk is mitigated because the underlying Stable Value Fund assets in the Stable Value Fund bond portfolio are backed by the U.S. Government. The contracts may not cover participant benefit payments at contract value upon the occurrence of certain events, described below, involving the Stable Value Fund, American Express as its plan sponsor (“Plan Sponsor”) or Ameriprise Trust Company, an affiliate of Ameriprise Financial, Inc., its investment manager.

Fully benefit-responsive book value wrap contracts held by a separately managed account created for a defined contribution plan are now required to be reported at contract value, rather than fair value, on the Statements of Net Assets. Contract value is the relevant measure for fully benefit-responsive investment contracts because contract value is the amount participants would receive if they were to initiate permitted transactions under the terms of the Plan. Contract value represents contributions made under each contract, plus earnings, less participant withdrawals, and administrative expenses.
 
 
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements

Certain events might limit the ability of the Plan to transact at contract value with the contract issuer and therefore also limit the ability of the Plan to transact at contract value with the participants of the Plan. These events may be different under each contract. Examples of such events include the following:

The Plan’s failure to qualify under Section 401(a) of the Internal Revenue Code or the failure of the trust  to be tax-exempt under Section 501(a) of the Internal Revenue Code;
Premature termination of the contracts;
Plan termination or merger;
Changes to the Plan’s administration of competing investment options; and
Bankruptcy of the Plan Sponsor or other Plan Sponsor events (for example, divestitures or spinoffs of a subsidiary) that significantly affect the Plan’s normal operations.

The Plan believes no such events are probable of occurring.

In addition, certain events allow the issuer to terminate the contracts with the Plan and settle at an amount different from contract value. Those events may be different under each contract. Examples of such events include the following:

An uncured violation of the Plan’s investment guidelines;
A breach of material obligation under the contract;
A material misrepresentation; and
A material amendment to the agreements without the consent of the issuer.

The Plan believes no such events are probable of occurring.

RSPIC has also created four passively-managed (index) Core Investment Options: The Diversified Bond Index Fund, The U.S. Large-Cap Equity Index Fund, The U.S. Small/Mid-Cap Equity Index Fund, and The International Equity Index Fund, which currently use a single index fund as the underlying investment in each Fund. Each passively-managed Core Investment Option seeks to mirror the investments and track the performance of a broad market index that includes hundreds or thousands of stocks or bonds. During 2018, RSPIC changed the investment vehicle for The Diversified Bond Index Fund, The U.S. Small/Mid-Cap Equity Index Fund, and The International Equity Index Fund from a mutual fund to a collective trust. The U.S. Large-Cap Equity Index Fund was already invested in a collective trust.

Self-Directed Accounts
The SDA gives participants the opportunity to invest in a wide variety of mutual funds in addition to the specific investment options mentioned above . Participants may request a Prospectus for any of the funds available through the SDA.

American Express Company Stock Fund
The Plan Document requires that this Fund be offered as an investment option under the Plan, subject to compliance with ERISA.  The American Express Company Stock Fund is an ESOP. This Fund invests primarily in American Express Company common shares and holds a small amount of cash or other short-term cash equivalents to meet requests for investment transfers, withdrawals, and distributions.  Participants have full voting rights for the common shares underlying the units that are allocated to the American Express Company Stock Fund.

A full, detailed description of the Plan’s investment options, and associated terms and conditions, is available to all participants.
 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements
 

 

5.
Risks and Uncertainties
The Plan invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will continue to occur in the near term and that such changes could materially affect the amounts reported in the Statements of Net Assets Available for Benefits and the Statement of Changes in Net Assets Available for Benefits.

6.
Income Tax Status

The Plan has received a favorable determination letter from the Internal Revenue Service (“IRS”) dated November 21, 2016, stating that the Plan is qualified under section 401(a) of the Code, and therefore, the related trust is exempt from taxation. The Plan has been amended after the period covered by the determination letter. Although the Plan has been amended since receiving the determination letter, the Company believes the Plan, as amended, is currently designed and being operated in compliance with the applicable requirements of the Code, and therefore, believes that the Plan, as amended, is qualified, the related trust is tax-exempt, and the Plan satisfies the requirements of Section 4975(e)(7) of the Code.
GAAP requires plan management to evaluate tax positions taken by the Plan and recognize a tax liability or asset if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Company has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability, or asset, or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, the Plan is no longer subject to examination for tax years prior to 2016, which is the earliest open year for U.S. federal tax purposes.
 

7.
Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for benefits per the financial statements to Form 5500 as of December 31, 2018 and 2017:

(Thousands)
 
2018
   
2017
 
Net assets available for benefits per the financial statements
 
$
5,110,920
   
$
5,446,210
 
Difference between contract value and fair value of fully benefit-responsive investment contracts
   
(6,531
)
   
(4,169
)
Loans deemed distributed
   
(471
)
   
(703
)
Net assets available for benefits per the Form 5500
 
$
5,103,918
   
$
5,441,338
 

The following is a reconciliation of net income per the financial statements to Form 5500 for the year ended December 31, 2018:

(Thousands)
 
2018
 
Net decrease in net assets available for benefits per the financial statements
 
$
(335,290
)
Adjustment for difference between contract value and fair value of fully benefit-responsive investment contracts
   
(2,362
)
Change in deemed distributions of participant loans
   
232
 
Net income per the Form 5500
 
$
(337,420
)

 
 
 
AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Notes to Financial Statements
 
 
8.
Related Parties and Parties-In-Interest Transactions

The Plan allows for transactions with, and certain investments in, certain parties that may perform services for, or have fiduciary responsibilities to, the Plan, including Wells Fargo Bank, N.A., the Trustee, and its affiliates as well as investment managers appointed by RSPIC. Transactions with these parties are considered party-in-interest transactions, but not considered prohibited transactions under ERISA.  As noted in Supplemental Schedule H, Line 4i, the Plan held investments with parties-in-interest in Wells Fargo Bank, N.A. and its affiliates, Ameriprise Financial, Inc. and its affiliates, J.P. Morgan Investment Management, Inc. and its affiliates, and Vanguard Fiduciary Trust as of both December 31, 2018 and 2017, Fidelity Investment Management as of December 31, 2018, and the Vanguard Group as of December 31, 2017.  The Plan also held investments in Morgan Stanley and its affiliates, and Morgan Stanley became an investment manager and fiduciary in 2017. Notes Receivable from Participants, as discussed in Note 1 (Description of the Plan), are also considered party-in-interest transactions.

Additionally, the Company is considered a party-in-interest as well as a related party. As of December 31, 2018 and 2017, the Plan held 5,706,139 shares of American Express Company common stock valued at $544 million and 6,189,243 shares valued at $615 million, respectively. During the 2018 plan year the Plan acquired 86,046 shares of American Express Company common stock valued at $9 million through dividend reinvestments and sold 334,335 shares valued at $34 million.  The Plan reimburses the Company for direct expenses (salary and benefits costs) associated with a Company employee dedicated to servicing the Company’s qualified retirement plans for time spent providing services to the Plan.
 
 
 
 
 
 













SUPPLEMENTAL SCHEDULES
 

 




EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018

(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
Money Market Funds
       
*
 
FIDELITY MM GOVT PORTFOLIO #57
 
39,199
 
39,198
             
   
Corporate Debt Instruments
       
   
21ST CENTY FOX AMER  7.625% 11/30/28
 
200
 
260
   
ABBOTT LABORATORIES  3.875%  9/15/25
 
71
 
72
   
ABBVIE INC           3.200% 11/06/22
 
50
 
49
   
ABBVIE INC           4.500%  5/14/35
 
160
 
148
   
ACE INA HOLDINGS     2.700%  3/13/23
 
200
 
195
   
ACE INA HOLDINGS     3.350%  5/03/26
 
30
 
29
   
AEP TRANSMISSION CO  4.000% 12/01/46
 
62
 
59
   
AETNA INC            2.800%  6/15/23
 
42
 
40
   
AFLAC INC            3.250%  3/17/25
 
200
 
195
   
AGL CAPITAL CORP     5.250%  8/15/19
 
180
 
181
   
AIR LEASE CORP       3.250%  3/01/25
 
81
 
74
   
AIRCASTLE LTD        4.400%  9/25/23
 
130
 
128
   
ALABAMA POWER CO     5.700%  2/15/33
 
200
 
232
   
ALBEMARLE CORP       5.450% 12/01/44
 
50
 
50
   
ALBERTA ENERGY CO LT 7.375% 11/01/31
 
50
 
58
   
ALLERGAN INC         2.800%  3/15/23
 
620
 
594
   
AMAZON.COM INC       2.800%  8/22/24
 
250
 
243
   
AMAZON.COM INC       3.875%  8/22/37
 
110
 
106
   
AMAZON.COM INC       4.800% 12/05/34
 
150
 
161
   
AMER AIRLINE 16-2 AA 3.200%  6/15/28
 
180
 
169
   
AMER AIRLINE 16-3 AA 3.000% 10/15/28
 
216
 
204
   
AMER AIRLINE 17-1 AA 3.650%  2/15/29
 
64
 
63
   
AMER AIRLINE 17-2B   3.700% 10/15/25
 
188
 
182
   
AMER AIRLN 13-1 A PA 4.000%  7/15/25
 
75
 
74
   
AMER AIRLN 14-1 A PT 3.700% 10/01/26
 
117
 
113
   
AMERICAN FINANCIAL   3.500%  8/15/26
 
150
 
141
   
AMERICAN HONDA FINAN 2.150%  3/13/20
 
100
 
99
   
AMERICAN HONDA FINAN 2.450%  9/24/20
 
99
 
98
   
AMERICAN HONDA FINAN 2.600% 11/16/22
 
150
 
146
   
AMERICAN INTL GROUP  3.875%  1/15/35
 
200
 
172
   
AMERICAN INTL GROUP  4.125%  2/15/24
 
200
 
201
   
AMERICAN INTL GROUP  4.200%  4/01/28
 
55
 
53
   
AMERICAN TOWER CORP  2.250%  1/15/22
 
100
 
96
   
AMERICAN TOWER CORP  3.375% 10/15/26
 
56
 
52
   
AMERICAN TOWER CORP  4.000%  6/01/25
 
100
 
98
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
AMERICAN WATER CAPIT 3.400%  3/01/25
 
152
 
150
*
 
AMERIPRISE FINANCIAL 2.875%  9/15/26
 
89
 
83
   
AMERN AIRLINE 16-2   3.650%  6/15/28
 
20
 
19
   
AMGEN INC            3.625%  5/15/22
 
100
 
101
   
ANALOG DEVICES INC   3.125% 12/05/23
 
61
 
59
   
ANALOG DEVICES INC   4.500% 12/05/36
 
95
 
90
   
ANHEUSER-BUSCH INBEV 3.300%  2/01/23
 
636
 
618
   
ANHEUSER-BUSCH INBEV 4.375%  4/15/38
 
190
 
170
   
ANHEUSER-BUSCH INBEV 4.439% 10/06/48
 
50
 
43
   
ANHEUSER-BUSCH INBEV 4.750%  4/15/58
 
115
 
100
   
ANTHEM INC           3.350% 12/01/24
 
70
 
68
   
ANTHEM INC           4.101%  3/01/28
 
140
 
137
   
AON PLC              3.500%  6/14/24
 
100
 
98
   
APACHE COPORATION    6.000%  1/15/37
 
28
 
29
   
APPLE INC            2.700%  5/13/22
 
516
 
510
   
APPLE INC            2.750%  1/13/25
 
150
 
144
   
APPLE INC            2.850%  5/11/24
 
47
 
46
   
APPLE INC            2.900%  9/12/27
 
124
 
116
   
APPLE INC            3.000%  2/09/24
 
146
 
144
   
APPLE INC            3.000%  6/20/27
 
131
 
125
   
APPLE INC            3.200%  5/11/27
 
69
 
67
   
APPLE INC            3.250%  2/23/26
 
80
 
78
   
APPLE INC            3.350%  2/09/27
 
126
 
123
   
APPLE INC            3.450%  5/06/24
 
95
 
95
   
APPLE INC            3.750%  9/12/47
 
180
 
165
   
APPLE INC            3.850%  8/04/46
 
129
 
120
   
APPLE INC            4.500%  2/23/36
 
72
 
76
   
ARC PROP OPER PART   4.600%  2/06/24
 
205
 
207
   
ARROW ELECTRONICS IN 3.250%  9/08/24
 
66
 
61
   
ARROW ELECTRONICS IN 3.875%  1/12/28
 
55
 
50
   
ASSURANT INC         4.200%  9/27/23
 
105
 
105
   
AT&T INC             3.400%  5/15/25
 
237
 
223
   
AT&T INC             3.950%  1/15/25
 
196
 
192
   
AT&T INC             4.125%  2/17/26
 
197
 
192
   
AT&T INC             4.300%  2/15/30
 
326
 
308
   
AT&T INC             4.900%  8/15/37
 
324
 
302
   
AT&T INC             5.150% 11/15/46
 
200
 
186
   
AT&T INC             5.250%  3/01/37
 
100
 
98
   
AT&T INC             5.350%  9/01/40
 
300
 
291
   
ATHENE HOLDINGS LTD  4.125%  1/12/28
 
115
 
104
   
ATMOS ENERGY CORP    5.500%  6/15/41
 
100
 
114
 
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
AVALONBAY COMMUNITIE 2.850%  3/15/23
 
90
 
88
   
AVALONBAY COMMUNITIE 3.450%  6/01/25
 
40
 
39
   
BAKER HUGHES A GE CO 5.125%  9/15/40
 
50
 
48
   
BALTIMORE GAS & ELEC 3.500%  8/15/46
 
70
 
62
   
BANK OF AMERICA CORP 2.625% 10/19/20
 
450
 
445
   
BANK OF AMERICA CORP 3.300%  1/11/23
 
481
 
474
   
BANK OF AMERICA CORP 3.419% 12/20/28
 
659
 
616
   
BANK OF AMERICA CORP 3.950%  4/21/25
 
300
 
291
   
BANK OF MONTREAL     1.500%  7/18/19
 
78
 
77
   
BANK OF MONTREAL     2.350%  9/11/22
 
120
 
116
   
BANK OF NOVA SCOTIA  2.450%  9/19/22
 
200
 
193
   
BANK OF NY MELLON CO 2.200%  8/16/23
 
100
 
95
   
BANK OF NY MELLON CO 2.450% 11/27/20
 
78
 
77
   
BANK OF NY MELLON CO 2.500%  4/15/21
 
55
 
54
   
BANK OF NY MELLON CO 2.600%  8/17/20
 
229
 
227
   
BARCLAYS PLC         3.684%  1/10/23
 
317
 
304
   
BARCLAYS PLC         4.375%  1/12/26
 
200
 
190
   
BAT CAPITAL CORP     4.390%  8/15/37
 
68
 
56
   
BAXALTA INC          3.600%  6/23/22
 
15
 
15
   
BAXALTA INC          5.250%  6/23/45
 
7
 
7
   
BB&T CORPORATION     2.625%  6/29/20
 
180
 
178
*
 
BERKSHIRE HATHAWAY   5.750%  1/15/40
 
300
 
358
   
BHP FIN USA LTD      6.420%  3/01/26
 
300
 
348
   
BOSTON PROPERTIES LP 3.125%  9/01/23
 
30
 
29
   
BOSTON PROPERTIES LP 3.200%  1/15/25
 
76
 
73
   
BOSTON PROPERTIES LP 3.650%  2/01/26
 
74
 
72
   
BP CAP MARKETS AMERI 3.017%  1/16/27
 
135
 
127
   
BP CAP MARKETS AMERI 3.224%  4/14/24
 
140
 
137
   
BP CAP MARKETS AMERI 3.245%  5/06/22
 
200
 
198
   
BP CAPITAL MARKETS   3.279%  9/19/27
 
80
 
76
   
BP CAPITAL MARKETS   3.814%  2/10/24
 
200
 
202
   
BPCE SA              2.500%  7/15/19
 
250
 
249
   
BRIXMOR OPERATING PA 3.850%  2/01/25
 
120
 
116
   
BROOKFIELD FINANCE   3.900%  1/25/28
 
55
 
52
   
BROOKFIELD FINANCE   4.700%  9/20/47
 
64
 
59
   
BUCKEYE PARTNERS LP  5.850% 11/15/43
 
195
 
179
   
BUNGE LTD FINANCE CO 3.500% 11/24/20
 
40
 
40
   
BURLINGTN NORTH SANT 3.000%  3/15/23
 
400
 
397
   
BURLINGTN NORTH SANT 3.650%  9/01/25
 
100
 
101
   
BURLINGTON NORTH SAN 6.150%  5/01/37
 
60
 
73
   
CAMPBELL SOUP CO     3.950%  3/15/25
 
110
 
105
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
CANADIAN NATL RESOUR 5.850%  2/01/35
 
200
 
212
   
CANADIAN PACIFIC RR  5.750%  3/15/33
 
70
 
80
   
CANADIAN PACIFIC RR  6.125%  9/15/15
 
10
 
12
   
CAPITAL ONE FINANCIA 3.750%  4/24/24
 
200
 
195
   
CAPITAL ONE FINANCIA 3.750%  7/28/26
 
88
 
81
   
CAPITAL ONE FINANCIA 4.200% 10/29/25
 
60
 
58
   
CARDINAL HEALTH INC  4.900%  9/15/45
 
39
 
35
   
CATERPILLAR INC      6.050%  8/15/36
 
300
 
361
   
CBS CORP             4.000%  1/15/26
 
292
 
283
   
CELGENE CORP         3.625%  5/15/24
 
173
 
169
   
CELGENE CORP         5.700% 10/15/40
 
91
 
97
   
CENOVUS ENERGY INC   3.800%  9/15/23
 
150
 
145
   
CENOVUS ENERGY INC   5.250%  6/15/37
 
47
 
41
   
CENOVUS ENERGY INC   6.750% 11/15/39
 
90
 
88
   
CENTERPOINT ENER HOU 3.000%  2/01/27
 
91
 
87
   
CHARLES SCHWAB CORP  3.200%  3/02/27
 
150
 
143
   
CHARTER COMM OPT LLC 4.908%  7/23/25
 
532
 
529
   
CHARTER COMM OPT LLC 5.375%  4/01/38
 
48
 
45
   
CHARTER COMM OPT LLC 6.384% 10/23/35
 
52
 
53
   
CHARTER COMM OPT LLC 6.834% 10/23/55
 
70
 
71
   
CHEVRON CORP         2.566%  5/16/23
 
210
 
205
   
CHEVRON CORP         2.895%  3/03/24
 
81
 
79
   
CHUBB INA HOLDINGS   2.875% 11/03/22
 
47
 
47
   
CINCINNATI FINL CORP 6.920%  5/15/28
 
50
 
60
   
CISCO SYSTEMS INC    1.850%  9/20/21
 
70
 
68
   
CISCO SYSTEMS INC    2.200%  2/28/21
 
150
 
148
   
CISCO SYSTEMS INC    2.950%  2/28/26
 
73
 
70
   
CISCO SYSTEMS INC    3.000%  6/15/22
 
139
 
139
   
CITIGROUP INC        2.750%  4/25/22
 
400
 
389
   
CITIGROUP INC        3.200% 10/21/26
 
65
 
60
   
CITIGROUP INC        4.400%  6/10/25
 
188
 
184
   
CITIGROUP INC        4.450%  9/29/27
 
21
 
20
   
CITIGROUP INC        4.750%  5/18/46
 
100
 
92
   
CITIZENS BANK NA/RI  2.550%  5/13/21
 
250
 
245
   
CITIZENS FINANCIAL   2.375%  7/28/21
 
20
 
20
   
CITIZENS FINANCIAL   4.300% 12/03/25
 
47
 
46
   
CLEVELAND ELECTRIC   5.950% 12/15/36
 
40
 
45
   
CME GROUP INC        3.000%  3/15/25
 
200
 
195
   
CMS ENERGY CORP      2.950%  2/15/27
 
39
 
36
   
CMS ENERGY CORP      3.875%  3/01/24
 
180
 
181
   
CNOOC FINANCE 2013   3.000%  5/09/23
 
400
 
386
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
COMCAST CORP         3.000%  2/01/24
 
58
 
57
   
COMCAST CORP         3.150%  3/01/26
 
168
 
161
   
COMCAST CORP         3.200%  7/15/36
 
200
 
172
   
COMCAST CORP         3.375%  2/15/25
 
138
 
135
   
COMCAST CORP         3.550%  5/01/28
 
97
 
94
   
COMCAST CORP         3.900%  3/01/38
 
55
 
51
   
COMCAST CORP         3.950% 10/15/25
 
157
 
159
   
COMCAST CORP         4.200%  8/15/34
 
100
 
96
   
COMCAST CORP         4.600% 10/15/38
 
190
 
192
   
COMCAST CORP         4.950% 10/15/58
 
240
 
244
   
COMCAST CORP         6.500% 11/15/35
 
123
 
147
   
COMERICA BANK        4.000%  7/27/25
 
300
 
298
   
COMMONWEALTH EDISON  3.650%  6/15/46
 
45
 
41
   
COMMONWEALTH EDISON  3.750%  8/15/47
 
70
 
64
   
COMMONWEALTH REIT    5.875%  9/15/20
 
350
 
359
   
CONAGRA BRANDS INC   4.600% 11/01/25
 
65
 
65
   
CONAGRA BRANDS INC   5.300% 11/01/38
 
140
 
132
   
CONNECTICUT LIGHT &  3.200%  3/15/27
 
50
 
49
   
CONNECTICUT LIGHT &  4.000%  4/01/48
 
53
 
52
   
CONSTELLATION BRANDS 4.400% 11/15/25
 
75
 
75
   
CONSTELLATION BRANDS 5.250% 11/15/48
 
40
 
40
   
CONTL AIRLINES 2012- 4.000% 10/29/24
 
537
 
530
   
CROWN CASTLE INTL CO 4.000%  3/01/27
 
24
 
23
   
CROWN CASTLE INTL CO 4.875%  4/15/22
 
112
 
115
   
CROWN CASTLE INTL CO 5.250%  1/15/23
 
70
 
73
   
CSX CORP             6.000% 10/01/36
 
175
 
203
   
CVS CAREMARK CORP    2.750% 12/01/22
 
60
 
58
   
CVS CAREMARK CORP    4.000% 12/05/23
 
111
 
111
   
CVS HEALTH CORP      4.100%  3/25/25
 
465
 
460
   
CVS HEALTH CORP      4.300%  3/25/28
 
119
 
116
   
CVS HEALTH CORP      4.780%  3/25/38
 
175
 
168
   
CVS HEALTH CORP      5.050%  3/25/48
 
98
 
95
   
CVS PASS-THROUGH TRU 6.036% 12/10/28
 
306
 
326
   
DANAHER CORP         2.400%  9/15/20
 
36
 
36
   
DDR CORP             3.625%  2/01/25
 
61
 
58
   
DELTA AIR LINES      6.821%  8/10/22
 
377
 
405
   
DEUTSCHE BANK NY     3.300% 11/16/22
 
100
 
93
   
DEUTSCHE BANK NY     4.250% 10/14/21
 
184
 
180
   
DIGITAL REALTY TRUST 3.700%  8/15/27
 
39
 
37
   
DISCOVER BANK        4.200%  8/08/23
 
250
 
250
   
DISCOVERY COMMUNICAT 3.450%  3/15/25
 
120
 
112
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
DISCOVERY COMMUNICAT 3.950%  3/20/28
 
53
 
49
   
DOLLAR GENERAL CORP  4.125%  5/01/28
 
70
 
68
   
DOMINION ENERGY INC  1.500%  7/01/20
 
70
 
69
   
DOMINION GAS HLDGS   2.800% 11/15/20
 
112
 
110
   
DOMINION RESOURCES   2.750%  9/15/22
 
66
 
64
   
DOMINION RESOURCES   2.850%  8/15/26
 
76
 
70
   
DOW CHEMICAL CO/THE  3.500% 10/01/24
 
200
 
193
   
DOWDUPONT INC        4.493% 11/15/25
 
150
 
154
   
DOWDUPONT INC        5.319% 11/15/38
 
70
 
72
   
DR PEPPER SNAPPLE GR 3.130% 12/15/23
 
135
 
129
   
DR PEPPER SNAPPLE GR 3.430%  6/15/27
 
35
 
32
   
DUKE ENERGY CAROLINA 3.900%  6/15/21
 
100
 
101
   
DUKE ENERGY CORP     2.650%  9/01/26
 
43
 
39
   
DUKE ENERGY CORP     6.000% 12/01/28
 
80
 
94
   
DUKE ENERGY INDIANA  3.750%  5/15/46
 
80
 
74
   
DUKE ENERGY OHIO INC 3.700%  6/15/46
 
46
 
41
   
DUKE ENERGY PROGRESS 3.250%  8/15/25
 
53
 
52
   
DUKE ENERGY PROGRESS 3.700% 10/15/46
 
54
 
49
   
DUKE ENERGY PROGRESS 4.200%  8/15/45
 
130
 
129
   
DUKE REALTY LP       3.250%  6/30/26
 
23
 
22
   
DUKE REALTY LP       3.875%  2/15/21
 
70
 
71
   
DXC TECHNOLOGY CO    4.250%  4/15/24
 
47
 
46
   
EATON CORP           4.000% 11/02/32
 
170
 
168
   
ECOLAB INC           3.250%  1/14/23
 
88
 
88
   
ECOLAB INC           3.250% 12/01/27
 
43
 
42
   
ECOPETROL SA         5.375%  6/26/26
 
104
 
105
   
ECOPETROL SA         5.875%  9/18/23
 
128
 
133
   
EDISON INTERNATIONAL 2.950%  3/15/23
 
100
 
94
   
EDISON INTERNATIONAL 4.125%  3/15/28
 
40
 
38
   
EMERA US FINANCE LP  3.550%  6/15/26
 
70
 
66
   
ENABLE MIDSTREAM PAR 4.950%  5/15/28
 
55
 
52
   
ENBRIDGE INC         4.500%  6/10/44
 
50
 
48
   
ENCANA CORP          7.200% 11/01/31
 
140
 
158
   
ENERGY TRANSFER PART 3.600%  2/01/23
 
22
 
21
   
ENERGY TRANSFER PART 4.050%  3/15/25
 
136
 
128
   
ENERGY TRANSFER PART 4.750%  1/15/26
 
45
 
44
   
ENERGY TRANSFER PART 4.900%  2/01/24
 
48
 
49
   
ENERGY TRANSFER PART 6.050%  6/01/41
 
183
 
175
   
ENLINK MIDSTREAM PAR 2.700%  4/01/19
 
100
 
99
   
ENLINK MIDSTREAM PAR 4.150%  6/01/25
 
100
 
90
   
ENLINK MIDSTREAM PAR 5.600%  4/01/44
 
50
 
41
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
ENTERGY ARKANSAS INC 3.500%  4/01/26
 
31
 
31
   
ENTERGY CORP         2.950%  9/01/26
 
31
 
29
   
ENTERGY LOUISIANA LL 2.400% 10/01/26
 
59
 
54
   
ENTERGY LOUISIANA LL 3.050%  6/01/31
 
57
 
52
   
ENTERGY LOUISIANA LL 3.120%  9/01/27
 
40
 
38
   
ENTERGY LOUISIANA LL 4.000%  3/15/33
 
45
 
46
   
ENTERGY MISSISSIPPI  2.850%  6/01/28
 
50
 
47
   
ENTERPRISE PRODUCTS  3.900%  2/15/24
 
200
 
202
   
ENTERPRISE PRODUCTS  6.650% 10/15/34
 
300
 
359
   
ENTERPRISE PRODUCTS  7.550%  4/15/38
 
90
 
114
   
EOG RESOURCES INC    4.150%  1/15/26
 
60
 
62
   
EPR PROPERTIES       4.500%  6/01/27
 
75
 
72
   
EPR PROPERTIES       4.950%  4/15/28
 
50
 
49
   
EQT CORP             3.900% 10/01/27
 
60
 
52
   
ERP OPERATING LP     2.850% 11/01/26
 
51
 
48
   
ERP OPERATING LP     3.000%  4/15/23
 
100
 
98
   
ERP OPERATING LP     3.500%  3/01/28
 
43
 
42
   
EXELON CORP          3.400%  4/15/26
 
63
 
60
   
EXELON GENERATION CO 3.400%  3/15/22
 
96
 
94
   
EXELON GENERATION CO 4.250%  6/15/22
 
75
 
76
   
EXELON GENERATION CO 6.250% 10/01/39
 
180
 
188
   
EXPRESS SCRIPTS HOLD 3.000%  7/15/23
 
43
 
41
   
EXPRESS SCRIPTS HOLD 4.500%  2/25/26
 
108
 
109
   
EXPRESS SCRIPTS HOLD 4.800%  7/15/46
 
53
 
51
   
EXXON MOBIL CORPORAT 4.114%  3/01/46
 
77
 
78
   
FEDEX CORP           4.100%  4/15/43
 
40
 
35
   
FIFTH THIRD BANCORP  3.950%  3/14/28
 
90
 
89
   
FIRSTENERGY CORP     4.850%  7/15/47
 
26
 
26
   
FLORIDA POWER & LIGH 3.125% 12/01/25
 
250
 
248
   
FORD MOTOR COMPANY   7.450%  7/16/31
 
51
 
53
   
FORD MOTOR CREDIT CO 3.200%  1/15/21
 
275
 
267
   
FORD MOTOR CREDIT CO 4.134%  8/04/25
 
212
 
191
   
FORTIS INC           3.055% 10/04/26
 
250
 
228
   
GE CAPITAL INTL FUND 3.373% 11/15/25
 
287
 
255
   
GE CAPITAL INTL FUND 4.418% 11/15/35
 
1,649
 
1,381
   
GENERAL ELEC CAP COR 3.100%  1/09/23
 
115
 
107
   
GENERAL MILLS INC    4.000%  4/17/25
 
80
 
79
   
GENERAL MILLS INC    4.200%  4/17/28
 
50
 
49
   
GENERAL MOTORS CO    5.150%  4/01/38
 
50
 
43
   
GENERAL MOTORS CO    6.600%  4/01/36
 
137
 
133
   
GENERAL MOTORS FINL  3.450%  4/10/22
 
182
 
176
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
GENERAL MOTORS FINL  3.500% 11/07/24
 
100
 
91
   
GENERAL MOTORS FINL  3.950%  4/13/24
 
185
 
176
   
GENERAL MOTORS FINL  4.000%  1/15/25
 
110
 
103
   
GENERAL MOTORS FINL  4.300%  7/13/25
 
50
 
47
   
GENERAL MOTORS FINL  4.350%  1/17/27
 
87
 
80
   
GENERAL MOTORS FINL  4.350%  4/09/25
 
105
 
99
   
GILEAD SCIENCES INC  3.500%  2/01/25
 
20
 
20
   
GILEAD SCIENCES INC  3.700%  4/01/24
 
182
 
182
   
GILEAD SCIENCES INC  4.000%  9/01/36
 
40
 
36
   
GILEAD SCIENCES INC  4.600%  9/01/35
 
105
 
106
   
GLAXOSMITHKLINE CAP  2.800%  3/18/23
 
150
 
147
   
GOLDMAN SACHS GROUP  3.000%  4/26/22
 
500
 
484
   
GOLDMAN SACHS GROUP  3.500% 11/16/26
 
150
 
139
   
GOLDMAN SACHS GROUP  3.850%  1/26/27
 
224
 
211
   
GOVERNMENT PROPERTIE 3.750%  8/15/19
 
400
 
400
   
HALLIBURTON CO       4.850% 11/15/35
 
43
 
42
   
HALLIBURTON COMPANY  3.500%  8/01/23
 
150
 
149
   
HALLIBURTON COMPANY  6.700%  9/15/38
 
50
 
59
   
HARRIS CORPORATION   3.832%  4/28/25
 
100
 
98
   
HARRIS CORPORATION   4.854%  4/27/35
 
40
 
40
   
HARTFORD FINL SVCS   4.300%  4/15/43
 
90
 
84
   
HCP INC              4.200%  3/01/24
 
250
 
251
   
HEALTH CARE REIT INC 4.000%  6/01/25
 
30
 
30
   
HOME DEPOT INC       2.125%  9/15/26
 
79
 
71
   
HOME DEPOT INC       3.900% 12/06/28
 
315
 
323
   
HONEYWELL INTERNATIO 2.500% 11/01/26
 
200
 
187
   
HSBC HOLDINGS PLC    2.650%  1/05/22
 
916
 
889
   
HSBC HOLDINGS PLC    4.250%  3/14/24
 
400
 
397
   
HSBC HOLDINGS PLC    5.100%  4/05/21
 
420
 
434
   
HSBC HOLDINGS PLC    7.350% 11/27/32
 
224
 
274
   
HUNTINGTON BANCSHARE 2.300%  1/14/22
 
115
 
111
   
HUSKY ENERGY INC     3.950%  4/15/22
 
200
 
201
   
IBM CREDIT CORP      2.650%  2/05/21
 
110
 
109
   
IBM CREDIT CORP      3.000%  2/06/23
 
140
 
137
   
ING GROEP NV         3.950%  3/29/27
 
200
 
192
   
ING GROEP NV         4.100% 10/02/23
 
300
 
300
   
INTEL CORP           3.150%  5/11/27
 
80
 
78
   
INTEL CORP           3.700%  7/29/25
 
130
 
131
   
INTEL CORP           4.100%  5/19/46
 
45
 
44
   
INTERNATIONAL PAPER  3.000%  2/15/27
 
79
 
72
   
INTL FLAVOR & FRAGRA 4.450%  9/26/28
 
65
 
66
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
INTL FLAVOR & FRAGRA 5.000%  9/26/48
 
74
 
74
   
INTL LEASE FINANCE   5.875%  8/15/22
 
150
 
157
   
INTL LEASE FINANCE   8.625%  1/15/22
 
100
 
111
   
INTL PAPER CO        7.300% 11/15/39
 
50
 
59
   
INTL PAPER CO        8.700%  6/15/38
 
40
 
53
   
INVESCO FINANCE PLC  3.750%  1/15/26
 
78
 
76
   
JB HUNT TRANSPRT SVC 3.850%  3/15/24
 
100
 
101
   
JERSEY CENTRAL PWR   6.150%  6/01/37
 
30
 
35
   
JOHN DEERE CAPITAL   2.800%  9/08/27
 
100
 
95
   
JOHN DEERE CAPITAL   3.350%  6/12/24
 
179
 
178
   
JOHNSON & JOHNSON    3.400%  1/15/38
 
123
 
114
   
JOHNSON & JOHNSON    4.375% 12/05/33
 
22
 
24
   
KANSAS CITY POWER &  4.200%  3/15/48
 
60
 
58
   
KELLOGG CO           3.400% 11/15/27
 
52
 
48
   
KERR MCGEE CORP      7.875%  9/15/31
 
200
 
240
   
KEYCORP              2.900%  9/15/20
 
62
 
62
   
KEYCORP              4.150% 10/29/25
 
100
 
102
   
KIMBERLY-CLARK CORP  3.050%  8/15/25
 
50
 
49
   
KINDER MORGAN INC    4.300%  3/01/28
 
175
 
171
   
KINDER MORGAN INC    5.200%  3/01/48
 
40
 
38
   
KRAFT FOODS GROUP IN 6.875%  1/26/39
 
137
 
153
   
KRAFT HEINZ FOODS CO 5.000%  7/15/35
 
100
 
94
   
LASMO USA INC DTD    7.300% 11/15/27
 
70
 
81
   
LIBERTY PROPERTY LP  3.250% 10/01/26
 
27
 
25
   
LINCOLN NATIONAL COR 4.200%  3/15/22
 
300
 
305
   
LLOYDS BANKING GROUP 4.375%  3/22/28
 
200
 
190
   
LLOYDS BANKING GROUP 4.450%  5/08/25
 
200
 
199
   
LOCKHEED MARTIN CORP 3.100%  1/15/23
 
43
 
43
   
LOCKHEED MARTIN CORP 4.500%  5/15/36
 
50
 
52
   
LOUISVILLE GAS & ELE 3.300% 10/01/25
 
71
 
70
   
LOWE'S COS INC       3.375%  9/15/25
 
42
 
40
   
MAGELLAN HEALTH SRVC 4.400%  9/22/24
 
167
 
157
   
MAGELLAN MIDSTREAM   4.250%  2/01/21
 
250
 
254
   
MARTIN MARIETTA MATE 3.450%  6/01/27
 
73
 
67
   
MASCO CORP           6.500%  8/15/32
 
110
 
122
   
MCCORMICK & CO       3.150%  8/15/24
 
75
 
72
   
MCDONALD'S CORP      4.700% 12/09/35
 
101
 
101
   
MCDONALD'S CORP      6.300% 10/15/37
 
38
 
44
   
MEAD JOHNSON NUTRITI 4.125% 11/15/25
 
120
 
123
   
MEAD JOHNSON NUTRITI 4.600%  6/01/44
 
35
 
36
*
 
METLIFE INC          4.368%  9/15/23
 
300
 
309
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
MICROSOFT CORP       2.400%  8/08/26
 
100
 
93
   
MICROSOFT CORP       2.875%  2/06/24
 
90
 
89
   
MICROSOFT CORP       3.300%  2/06/27
 
84
 
83
   
MICROSOFT CORP       4.000%  2/12/55
 
120
 
118
   
MICROSOFT CORP       4.100%  2/06/37
 
136
 
140
   
MICROSOFT CORP       4.200% 11/03/35
 
77
 
80
   
MICROSOFT CORP       4.500%  2/06/57
 
119
 
127
   
MICROSOFT CORP       4.750% 11/03/55
 
109
 
122
   
MIDAMERICAN ENERGY   3.100%  5/01/27
 
101
 
98
   
MIDAMERICAN ENERGY   3.500% 10/15/24
 
146
 
148
*
 
MORGAN STANLEY       2.750%  5/19/22
 
200
 
195
*
 
MORGAN STANLEY       3.625%  1/20/27
 
137
 
130
*
 
MORGAN STANLEY       3.750%  2/25/23
 
757
 
756
*
 
MORGAN STANLEY       3.875%  1/27/26
 
108
 
105
*
 
MORGAN STANLEY       4.100%  5/22/23
 
500
 
501
*
 
MORGAN STANLEY       5.500%  7/28/21
 
800
 
838
   
MOSAIC CO            5.625% 11/15/43
 
150
 
152
   
MPLX LP              4.125%  3/01/27
 
78
 
74
   
MPLX LP              4.800%  2/15/29
 
139
 
139
   
MPLX LP              4.875% 12/01/24
 
80
 
81
   
MPLX LP              5.200%  3/01/47
 
40
 
37
   
MYLAN INC            5.400% 11/29/43
 
50
 
42
   
NATIONAL AUSTRALIA   2.125%  5/22/20
 
250
 
246
   
NATIONAL AUSTRALIA   3.375%  1/14/26
 
250
 
244
   
NATIONAL RETAIL PROP 3.600% 12/15/26
 
62
 
60
   
NATIONAL RETAIL PROP 4.000% 11/15/25
 
218
 
216
   
NATIONAL RURAL UTIL  2.950%  2/07/24
 
31
 
31
   
NATIONAL RURAL UTIL  3.900% 11/01/28
 
140
 
143
   
NBCUNIVERSAL MEDIA   4.375%  4/01/21
 
150
 
154
   
NEVADA POWER CO      5.375%  9/15/40
 
42
 
47
   
NEWELL RUBBERMAID IN 5.375%  4/01/36
 
77
 
73
   
NISOURCE FINANCE COR 6.250% 12/15/40
 
180
 
212
   
NOBLE ENERGY INC     6.000%  3/01/41
 
100
 
98
   
NORFOLK SOUTHERN COR 3.850%  1/15/24
 
88
 
89
   
NORFOLK SOUTHERN COR 3.942% 11/01/47
 
51
 
46
   
NORTHERN STATE PWR   6.250%  6/01/36
 
30
 
38
   
NORTHERN STATE PWR-  6.200%  7/01/37
 
50
 
63
   
NORTHROP GRUMMAN COR 3.200%  2/01/27
 
80
 
75
   
NORTHROP GRUMMAN COR 3.250%  1/15/28
 
50
 
47
   
NUCOR CORP           4.000%  8/01/23
 
140
 
142
   
NUCOR CORP           6.400% 12/01/37
 
50
 
60
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
NUTRIEN LTD          3.375%  3/15/25
 
230
 
216
   
NUTRIEN LTD          4.125%  3/15/35
 
100
 
91
   
NVENT FINANCE SARL   4.550%  4/15/28
 
98
 
96
   
OCCIDENTAL PETROLEUM 4.200%  3/15/48
 
70
 
67
   
OCCIDENTAL PETROLEUM 4.625%  6/15/45
 
26
 
26
   
ONEBEACON US HOLDING 4.600% 11/09/22
 
150
 
151
   
ONEOK INC            7.500%  9/01/23
 
300
 
341
   
ONEOK PARTNERS LP    3.375% 10/01/22
 
31
 
30
   
ONEOK PARTNERS LP    4.900%  3/15/25
 
100
 
101
   
ONEOK PARTNERS LP    5.000%  9/15/23
 
69
 
71
   
ONEOK PARTNERS LP    8.625%  3/01/19
 
50
 
50
   
ORACLE CORP          2.400%  9/15/23
 
101
 
97
   
ORACLE CORP          2.950%  5/15/25
 
200
 
191
   
ORACLE CORP          2.950% 11/15/24
 
130
 
127
   
ORACLE CORP          3.900%  5/15/35
 
500
 
479
   
ORACLE CORP          4.300%  7/08/34
 
200
 
201
   
O'REILLY AUTOMOTIVE  3.600%  9/01/27
 
62
 
59
   
ORIX CORP            2.900%  7/18/22
 
55
 
54
   
ORIX CORP            3.700%  7/18/27
 
100
 
96
   
PACCAR FINANCIAL COR 1.300%  5/10/19
 
51
 
51
   
PACCAR FINANCIAL COR 2.250%  2/25/21
 
60
 
59
   
PACIFIC GAS & ELECTR 3.250%  6/15/23
 
190
 
168
   
PACIFIC GAS & ELECTR 3.500%  6/15/25
 
109
 
93
   
PACIFIC GAS & ELECTR 6.050%  3/01/34
 
100
 
93
   
PEMEX PROJ FDG MASTE 6.625%  6/15/35
 
400
 
349
   
PEPSICO INC          4.600%  7/17/45
 
47
 
50
   
PETRO-CANADA         5.950%  5/15/35
 
80
 
90
   
PETROLEOS MEXICANOS  4.625%  9/21/23
 
117
 
110
   
PETROLEOS MEXICANOS  5.350%  2/12/28
 
71
 
62
   
PETROLEOS MEXICANOS  6.375%  2/04/21
 
131
 
132
   
PETROLEOS MEXICANOS  6.500%  1/23/29
 
88
 
82
   
PETROLEOS MEXICANOS  6.500%  3/13/27
 
420
 
395
   
PETROLEOS MEXICANOS  6.750%  9/21/47
 
104
 
86
   
PETROLEOS MEXICANOS  6.875%  8/04/26
 
105
 
102
   
PFIZER INC           3.000% 12/15/26
 
105
 
101
   
PHILLIPS 66          3.900%  3/15/28
 
70
 
68
   
PHILLIPS 66 PARTNERS 3.550% 10/01/26
 
15
 
14
   
PHILLIPS 66 PARTNERS 3.605%  2/15/25
 
160
 
154
   
PHILLIPS 66 PARTNERS 4.900% 10/01/46
 
40
 
37
   
PLAINS ALL AMER PIPE 4.650% 10/15/25
 
150
 
148
   
PNC BANK NA          2.950%  1/30/23
 
505
 
492
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
PRECISION CASTPARTS  3.250%  6/15/25
 
80
 
79
   
PRECISION CASTPARTS  4.375%  6/15/45
 
80
 
81
   
PRICELINE GROUP INC/ 3.550%  3/15/28
 
200
 
188
   
PROCTER & GAMBLE CO/ 2.700%  2/02/26
 
110
 
106
   
PROGRESS ENERGY INC  7.000% 10/30/31
 
50
 
64
   
PROV ST JOSEPH HLTH  2.746% 10/01/26
 
28
 
26
   
PSI ENERGY INC       6.120% 10/15/35
 
50
 
62
   
PUBLIC SERVICE COLOR 3.550%  6/15/46
 
27
 
24
   
PUBLIC SERVICE ELECT 2.250%  9/15/26
 
70
 
64
   
QUALCOMM INC         3.250%  5/20/27
 
88
 
82
   
RABOBANK             4.375%  8/04/25
 
250
 
246
   
RABOBANK NEDERLAND   4.625% 12/01/23
 
250
 
253
   
REALTY INCOME CORP   3.875%  4/15/25
 
75
 
75
   
REALTY INCOME CORP   3.875%  7/15/24
 
250
 
250
   
REGIONS FINANCIAL CO 3.200%  2/08/21
 
75
 
75
   
REGIONS FINANCIAL CO 3.800%  8/14/23
 
70
 
70
   
REPUBLIC SERVICES IN 3.550%  6/01/22
 
150
 
151
   
REYNOLDS AMERICAN IN 5.700%  8/15/35
 
100
 
98
   
ROCKWELL COLLINS INC 3.200%  3/15/24
 
37
 
36
   
ROCKWELL COLLINS INC 4.350%  4/15/47
 
17
 
16
   
ROGERS CABLE INC     8.750%  5/01/32
 
170
 
232
   
ROPER TECHNOLOGIES   3.000% 12/15/20
 
25
 
25
   
ROYAL BANK OF CANADA 2.750%  2/01/22
 
99
 
97
   
ROYAL BANK OF CANADA 3.700% 10/05/23
 
400
 
402
   
RYDER SYSTEM INC     2.650%  3/02/20
 
150
 
149
   
RYDER SYSTEM INC     2.875%  9/01/20
 
57
 
57
   
SAN DIEGO G & E      6.125%  9/15/37
 
80
 
95
   
SANTANDER UK GROUP   3.571%  1/10/23
 
200
 
191
   
SELECT INCOME REIT   3.600%  2/01/20
 
160
 
159
   
SENIOR HOUSING PROPE 3.250%  5/01/19
 
80
 
80
   
SENIOR HOUSING PROPE 4.750%  2/15/28
 
100
 
94
   
SHELL INTERNATIONAL  2.250% 11/10/20
 
89
 
88
   
SHELL INTERNATIONAL  3.250%  5/11/25
 
73
 
72
   
SHELL INTERNATIONAL  4.125%  5/11/35
 
250
 
248
   
SHERWIN-WILLIAMS CO  3.125%  6/01/24
 
41
 
39
   
SHIRE ACQ INV IRELAN 2.875%  9/23/23
 
83
 
78
   
SHIRE ACQ INV IRELAN 3.200%  9/23/26
 
120
 
109
   
SIMON PROPERTY GROUP 3.750%  2/01/24
 
260
 
261
   
SOUTHERN CAL EDISON  3.650%  3/01/28
 
100
 
98
   
SOUTHERN CALIF EDISO 5.550%  1/15/36
 
100
 
106
   
SOUTHERN CALIF GAS   3.200%  6/15/25
 
150
 
149
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
SOUTHERN CO GAS CAPI 3.950% 10/01/46
 
26
 
23
   
SOUTHERN NAT GAS CO  8.000%  3/01/32
 
75
 
95
   
SOUTHERN POWER CO    5.150%  9/15/41
 
70
 
70
   
SOUTHWEST GAS CORP   3.800%  9/29/46
 
49
 
45
   
SOUTHWESTERN ELEC PO 2.750% 10/01/26
 
200
 
184
   
SOUTHWESTERN ELEC PO 3.550%  2/15/22
 
50
 
50
   
SOUTHWESTERN PUBLIC  4.500%  8/15/41
 
30
 
30
   
SPIRIT AIR 2017-1 PT 3.375%  2/15/30
 
76
 
72
   
STATE STREET CORP    3.550%  8/18/25
 
235
 
234
   
STATOIL ASA          2.450%  1/17/23
 
300
 
291
   
SUMITOMO MITSUI BANK 2.450%  1/16/20
 
500
 
496
   
SUMITOMO MITSUI FINL 2.442% 10/19/21
 
53
 
52
   
SUMITOMO MITSUI FINL 2.778% 10/18/22
 
99
 
96
   
SUMITOMO MITSUI FINL 3.102%  1/17/23
 
138
 
135
   
SUMITOMO MITSUI FINL 3.936% 10/16/23
 
430
 
438
   
SUNCOR ENERGY INC    5.950% 12/01/34
 
50
 
56
   
SUNOCO LOGISTICS PAR 4.250%  4/01/24
 
250
 
243
   
SUNOCO LOGISTICS PAR 5.950% 12/01/25
 
160
 
167
   
SUNTRUST BANK        3.300%  5/15/26
 
200
 
190
   
SUNTRUST BANKS INC   2.900%  3/03/21
 
59
 
58
   
SVENSKA HANDELSBANKE 2.400% 10/01/20
 
250
 
246
   
SYNCHRONY FINANCIAL  3.700%  8/04/26
 
110
 
93
   
SYNCHRONY FINANCIAL  4.250%  8/15/24
 
30
 
28
   
SYSCO CORPORATION    3.550%  3/15/25
 
55
 
54
   
SYSCO CORPORATION    3.750% 10/01/25
 
44
 
43
   
SYSCO CORPORATION    4.450%  3/15/48
 
40
 
38
   
TAMPA ELECTRIC CO    4.450%  6/15/49
 
225
 
219
   
TC PIPELINES LP      3.900%  5/25/27
 
39
 
37
   
TELEFONICA EMISIONES 4.103%  3/08/27
 
163
 
157
   
TELEFONICA EMISIONES 4.665%  3/06/38
 
150
 
136
   
TESORO LOGISTICS LP/ 5.250%  1/15/25
 
64
 
65
   
THERMO FISHER SCIENT 2.950%  9/19/26
 
42
 
39
   
THERMO FISHER SCIENT 3.000%  4/15/23
 
45
 
44
   
TIME WARNER CABLE IN 5.500%  9/01/41
 
100
 
91
   
TIME WARNER INC      3.550%  6/01/24
 
75
 
72
   
TIME WARNER INC      3.600%  7/15/25
 
25
 
24
   
TOLEDO EDISON COMPAN 6.150%  5/15/37
 
50
 
60
   
TORCHMARK CORP       4.550%  9/15/28
 
105
 
107
   
TORONTO-DOMINION BAN 2.500% 12/14/20
 
180
 
178
   
TOTAL CAPITAL INTL   2.700%  1/25/23
 
400
 
391
   
TOYOTA MOTOR CREDIT  2.100%  1/17/19
 
133
 
133
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
TRANS-CANADA PIPELIN 3.125%  1/15/19
 
112
 
112
   
TRANS-CANADA PIPELIN 4.875%  1/15/26
 
139
 
144
   
TRANS-CANADA PIPELIN 6.200% 10/15/37
 
60
 
65
   
TRI-STATE GENERATION 4.250%  6/01/46
 
37
 
35
   
TYSON FOODS INC      4.875%  8/15/34
 
50
 
48
   
UDR INC              2.950%  9/01/26
 
32
 
29
   
UNION CARBIDE CORP   7.750% 10/01/96
 
110
 
130
   
UNION ELECTRIC CO    2.950%  6/15/27
 
50
 
48
   
UNION PACIFIC CORP   4.100%  9/15/67
 
50
 
42
   
UNITED AIR 2013-1 A  4.300%  8/15/25
 
201
 
205
   
UNITED AIR 2016-1 A  3.450%  7/07/28
 
80
 
77
   
UNITED AIR 2016-1 AA 3.100%  7/07/28
 
189
 
182
   
UNITED AIR 2016-1 B  3.650%  1/07/26
 
78
 
77
   
UNITED AIR 2018-1 A  3.700%  3/01/30
 
113
 
110
   
UNITED AIR 2018-1 AA 3.500%  3/01/30
 
191
 
187
   
UNITED AIR 2018-1 B  4.600%  3/01/26
 
51
 
51
   
UNITED TECHNOLOGIES  3.950%  8/16/25
 
465
 
461
   
UNITED TECHNOLOGIES  4.450% 11/16/38
 
60
 
58
   
UNITEDHEALTH GROUP   1.625%  3/15/19
 
73
 
73
   
UNITEDHEALTH GROUP   2.750%  2/15/23
 
84
 
82
   
UNITEDHEALTH GROUP   3.100%  3/15/26
 
100
 
97
   
UNITEDHEALTH GROUP   4.625%  7/15/35
 
124
 
131
   
US BANCORP           2.350%  1/29/21
 
350
 
345
   
US BANCORP           3.950% 11/17/25
 
100
 
102
   
VALE INCO LTD        7.200%  9/15/32
 
70
 
77
   
VALE OVERSEAS LIMITE 6.250%  8/10/26
 
21
 
23
   
VALE OVERSEAS LIMITE 6.875% 11/21/36
 
77
 
88
   
VALERO ENERGY CORP   7.500%  4/15/32
 
30
 
37
   
VENTAS REALTY LP     3.750%  5/01/24
 
200
 
198
   
VENTAS REALTY LP     3.850%  4/01/27
 
31
 
30
   
VENTAS REALTY LP     4.125%  1/15/26
 
34
 
34
   
VERIZON COMMUNICATIO 4.272%  1/15/36
 
50
 
47
   
VERIZON COMMUNICATIO 4.400% 11/01/34
 
70
 
67
   
VERIZON COMMUNICATIO 4.500%  8/10/33
 
432
 
426
   
VERIZON COMMUNICATIO 5.250%  3/16/37
 
101
 
105
   
VIRGINIA ELEC & POWE 3.500%  3/15/27
 
100
 
98
   
VIRGINIA ELEC & POWE 3.800%  4/01/28
 
60
 
60
   
VIRGINIA ELEC & POWE 3.800%  9/15/47
 
50
 
46
   
VMWARE INC           2.950%  8/21/22
 
140
 
133
   
VODAFONE GROUP PLC   2.950%  2/19/23
 
170
 
164
   
VODAFONE GROUP PLC   4.125%  5/30/25
 
79
 
78
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
VODAFONE GROUP PLC   5.000%  5/30/38
 
202
 
189
   
VORNADO REALTY LP    3.500%  1/15/25
 
70
 
67
   
VOYA FINANCIAL INC   3.650%  6/15/26
 
71
 
67
   
VR BANK OF AMERICA   3.093% 10/01/25
 
55
 
52
   
VR BANK OF AMERICA   3.124%  1/20/23
 
319
 
314
   
VR BANK OF AMERICA   3.366%  1/23/26
 
100
 
96
   
VR BANK OF AMERICA   3.705%  4/24/28
 
350
 
336
   
VR BANK OF AMERICA   3.970%  3/05/29
 
300
 
292
   
VR CITIGROUP INC     3.142%  1/24/23
 
102
 
100
   
VR CITIGROUP INC     3.668%  7/24/28
 
290
 
274
   
VR CITIGROUP INC     3.878%  1/24/39
 
50
 
45
   
VR ENBRIDGE INC      6.250%  3/01/78
 
70
 
63
   
VR EXELON CORP       3.497%  6/01/22
 
80
 
78
   
VR GOLDMAN SACHS   4.41069%  5/01/29
 
250
 
241
   
VR GOLDMAN SACHS GRO 2.876% 10/31/22
 
800
 
777
   
VR GOLDMAN SACHS GRO 2.905%  7/24/23
 
240
 
229
   
VR GOLDMAN SACHS GRO 2.908%  6/05/23
 
634
 
609
   
VR GOLDMAN SACHS GRO 3.272%  9/29/25
 
210
 
197
   
VR GOLDMAN SACHS GRO 3.691%  6/05/28
 
279
 
259
   
VR JOHNSON CONTROLS  4.950%  7/02/64
 
100
 
93
   
VR MAGELLAN MIDSTREA 6.400%  5/01/37
 
70
 
81
   
VR MANULIFE FINANCIA 4.061%  2/24/32
 
140
 
132
*
 
VR MORGAN STANLEY    3.591%  7/22/28
 
222
 
210
*
 
VR MORGAN STANLEY    3.772%  1/24/29
 
83
 
79
   
VR NORTHERN TRUST CO 3.375%  5/08/32
 
38
 
35
   
VR PROGRESSIVE COR 5.49444%  9/15/66
 
65
 
61
   
VR TORONTO-DOMINION  3.625%  9/15/31
 
67
 
63
   
VR WESTPAC BANKING   4.322% 11/23/31
 
120
 
114
   
WALGREENS BOOTS ALLI 4.500% 11/18/34
 
380
 
364
   
WALT DISNEY COMPANY/ 3.000%  2/13/26
 
300
 
289
*
 
WELLS FARGO & COMPAN 2.500%  3/04/21
 
110
 
108
*
 
WELLS FARGO & COMPAN 3.069%  1/24/23
 
434
 
423
*
 
WELLS FARGO & COMPAN 3.300%  9/09/24
 
600
 
580
*
 
WELLS FARGO & COMPAN 3.550%  9/29/25
 
500
 
484
*
 
WELLS FARGO & COMPAN 4.100%  6/03/26
 
36
 
35
*
 
WELLS FARGO & COMPAN 4.300%  7/22/27
 
148
 
146
*
 
WELLS FARGO & COMPAN 4.900% 11/17/45
 
67
 
65
   
WELLTOWER INC        4.250%  4/01/26
 
100
 
100
   
WESTERN GAS PARTNERS 4.500%  3/01/28
 
23
 
21
   
WESTERN GAS PARTNERS 5.300%  3/01/48
 
49
 
42
   
WESTERN GAS PARTNERS 5.450%  4/01/44
 
30
 
27
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
WESTERN UNION CO/THE 3.600%  3/15/22
 
100
 
100
   
WESTLAKE CHEMICAL CO 3.600%  7/15/22
 
100
 
99
   
WESTLAKE CHEMICAL CO 4.375% 11/15/47
 
42
 
35
   
WESTPAC BANKING CORP 1.600%  8/19/19
 
71
 
70
   
WESTPAC BANKING CORP 2.850%  5/13/26
 
110
 
102
   
WILLIAMS PARTNERS LP 3.900%  1/15/25
 
59
 
57
   
WILLIAMS PARTNERS LP 4.850%  3/01/48
 
64
 
58
   
WISCONSIN ENERGY COR 3.550%  6/15/25
 
238
 
236
   
WW GRAINGER INC      4.600%  6/15/45
 
91
 
93
   
XCEL ENERGY INC      2.400%  3/15/21
 
25
 
25
   
ZIMMER BIOMET HOLDIN 3.700%  3/19/23
 
34
 
34
   
Total Corporate Debt Instruments
     
84,623
             
   
Common Stocks
       
   
2U INC
 
49
 
2,430
   
ABIOMED INC
 
9
 
2,763
   
ACCELERON PHARMA INC
 
12
 
531
   
ACCO BRANDS CORP
 
192
 
1,303
   
ACI WORLDWIDE INC
 
35
 
968
   
ACTIVISION BLIZZARD INC
 
118
 
5,500
   
ADOBE INC
 
104
 
23,547
   
ADTALEM GLOBAL EDUCATION INC
 
29
 
1,393
   
AERCAP HOLDINGS NV
 
106
 
4,217
   
AFLAC INC
 
61
 
2,761
   
AIR PRODS & CHEMS INC COM
 
12
 
1,937
   
ALASKA AIR GROUP INC
 
18
 
1,094
   
ALBANY INTL CORP NEW CL A
 
63
 
3,950
   
ALBEMARLE CORP COM
 
26
 
1,979
   
ALEXANDER & BALDWIN INC
 
116
 
2,140
   
ALEXANDRIA REAL ESTATE EQUITIES
 
22
 
2,501
   
ALEXION PHARMACEUTICALS INC
 
72
 
6,941
   
ALIBABA GROUP HOLDING LTD ADR
 
163
 
22,370
   
ALIGN TECHNOLOGY INC
 
46
 
9,551
   
ALLEGHANY CORP DEL NEW
 
5
 
3,198
   
ALLERGAN PLC
 
13
 
1,684
   
ALLIANT ENERGY CORPORATION
 
59
 
2,509
   
ALLSCRIPTS HEALTHCARE SOLUTIONS INC
 
191
 
1,841
   
ALLSTATE CORP
 
32
 
2,644
   
ALLY FINANCIAL INC
 
94
 
2,130
   
ALPHABET INC CL A
 
17
 
17,608
   
ALPHABET INC CL C
 
9
 
9,416
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
AMAZON COM INC COM
 
24
 
35,063
   
AMDOCS LIMITED COM
 
55
 
3,194
   
AMEREN CORPORATION
 
49
 
3,209
   
AMERICAN AIRLS GROUP INC
 
200
 
6,448
   
AMERICAN ELECTRIC POWER INC
 
40
 
3,020
*
 
AMERICAN EXPRESS CO
 
5,706
 
543,909
   
AMERICAN FINL GROUP INC OHIO COM
 
12
 
1,068
   
AMERICAN HOMES 4 RENT
 
107
 
2,123
   
AMERICAN INTERNATIONAL GROUP, INC
 
56
 
2,191
   
AMERICAN TOWER CORP
 
36
 
5,664
   
AMERICAN WOODMARK CORP COM
 
30
 
1,667
   
AMERICOLD REALTY TRUST
 
48
 
1,238
*
 
AMERIPRISE FINL INC
 
16
 
1,670
   
AMGEN INC
 
16
 
3,056
   
AMN HEALTHCARE SERVICES INC
 
19
 
1,090
   
ANADARKO PETROLEUM CORP
 
41
 
1,789
   
ANAPTYSBIO INC
 
7
 
475
   
APERGY CORP
 
4
 
106
   
ARAMARK
 
31
 
888
   
ARES CAP CORP
 
72
 
1,124
   
ARRAY BIOPHARMA INC
 
59
 
845
   
ASSURED GUARANTY LTD USD 1.0
 
39
 
1,475
   
ASTRONICS CORP COM
 
30
 
911
   
AT & T INC
 
357
 
10,175
   
ATLASSIAN CORP PLC-CLASS A
 
42
 
3,773
   
AVANOS MEDICAL INC
 
25
 
1,140
   
AVROBIO INC
 
10
 
173
   
BANC OF CALIFORNIA INC
 
132
 
1,754
   
BANCO SANTANDER CEN-SPON - ADR
 
675
 
3,025
   
BANK OF AMERICA CORP
 
378
 
9,315
   
BEACON ROOFING SUPPLY INC
 
52
 
1,634
   
BELDEN INC
 
55
 
2,307
*
 
BERKSHIRE HATHAWAY INC.
 
31
 
6,329
   
BEST BUY INC
 
48
 
2,542
   
BIO RAD LABS INC CL A
 
13
 
2,956
   
BIOMARIN PHARMACEUTICAL INC
 
96
 
8,149
   
BJ'S WHOLESALE CLUB HOLDINGS
 
54
 
1,188
   
BLACK KNIGHT INC
 
45
 
2,039
   
BLOOMIN' BRANDS INC
 
55
 
986
   
BLUEPRINT MEDICINES CORP
 
18
 
949
   
BNP PARIBAS - ADR
 
77
 
1,745
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
BOOKING HOLDINGS INC
 
6
 
10,348
   
BOOZ ALLEN HAMILTON HOLDING CO
 
83
 
3,738
   
BP PLC - ADR
 
257
 
9,748
   
BRANDYWINE RLTY TR BD
 
120
 
1,542
   
BRIGHT HORIZONS FAMILY SOLUTIO
 
46
 
5,041
   
BRINKS CO
 
20
 
1,286
   
BRISTOL MYERS SQUIBB CO
 
29
 
1,513
   
BROADRIDGE FINANCIAL SOLUTIONS
 
16
 
1,550
   
BRUNSWICK CORP
 
21
 
971
   
BURLINGTON STORES INC
 
33
 
5,385
   
BWX TECHNOLOGIES INC
 
36
 
1,376
   
CABLE ONE INC
 
2
 
2,103
   
CANADIAN NAT RES LTD
 
310
 
7,482
   
CAPITAL ONE FINANCIAL CORP
 
49
 
3,734
   
CARNIVAL CORP
 
40
 
1,987
   
CARTER HOLDINGS
 
11
 
932
   
CATO CORP NEW CL A
 
43
 
614
   
CELGENE CORP COM
 
29
 
1,859
   
CENTENNIAL RESOURCE DEVELOPMEN
 
126
 
1,389
   
CENTERPOINT ENERGY INC
 
113
 
3,190
   
CENTURYLINK, INC
 
119
 
1,798
   
CHARLES RIVER LABORATORIES
 
14
 
1,585
   
CHEMICAL FINL CORP
 
52
 
1,897
   
CHEVRON CORP
 
23
 
2,459
   
CHIPOTLE MEXICAN GRILL INC
 
3
 
1,386
   
CHUBB LTD
 
25
 
3,203
   
CIGNA CORP
 
28
 
5,403
   
CINTAS CORP
 
9
 
1,473
   
CIRCOR INTERNATIONAL INC -WI
 
30
 
636
   
CISCO SYSTEMS INC
 
151
 
6,509
   
CISION LTD
 
52
 
608
   
CIT GROUP INC.
 
41
 
1,577
   
CITIGROUP INC.
 
232
 
12,064
   
CLEAN HARBORS INC
 
54
 
2,696
   
COCA COLA CO
 
57
 
2,690
   
COGNEX CORP
 
27
 
1,032
   
COHERENT INC
 
7
 
754
   
COLUMBIA SPORTSWEAR CO COM
 
12
 
1,022
   
COMCAST CORP CLASS A
 
61
 
2,080
   
CONCHO RESOURCES INC
 
33
 
3,408
   
CONOCOPHILLIPS
 
93
 
5,780
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
CONTINENTAL RESOURCES INC/OK
 
45
 
1,813
   
COOPER COS INC COM NEW
 
16
 
3,900
   
COOPER TIRE & RUBR CO
 
40
 
1,301
   
CORE LABORATORIES N V COM
 
9
 
537
   
CORNING INC
 
144
 
4,335
   
CORPORATE OFFICE PROPERTIES COM
 
86
 
1,810
   
COSTAR GROUP, INC
 
39
 
13,080
   
COSTCO WHOLESALE CORP
 
14
 
2,862
   
COUPA SOFTWARE INC
 
26
 
1,641
   
CROWN HLDGS INC
 
71
 
2,956
   
CTS CORP
 
55
 
1,424
   
CUBIC CORP
 
23
 
1,219
   
CURTISS WRIGHT CORP COM
 
21
 
2,132
   
CUSHMAN & WAKEFIELD PLC
 
56
 
815
   
CVS HEALTH CORPORATION
 
79
 
5,144
   
D R HORTON INC COM
 
95
 
3,293
   
DELTA AIR LINES INC
 
99
 
4,937
   
DEVON ENERGY CORPORATION
 
180
 
4,067
   
DEXCOM INC
 
10
 
1,233
   
DIAMONDBACK ENERGY INC
 
11
 
985
   
DIAMONDROCK HOSPITALITY CO
 
110
 
1,002
   
DISCOVER FINANCIAL SERVICES
 
42
 
2,460
   
DISH NETWORK CORP
 
56
 
1,411
   
DORIAN LPG LTD
 
102
 
595
   
DOWDUPONT INC
 
52
 
2,755
   
E*TRADE GROUP
 
34
 
1,505
   
EAGLE MATLS INC
 
28
 
1,683
   
EASTMAN CHEM CO COM
 
69
 
5,083
   
EBAY INC
 
57
 
1,589
   
EDWARDS LIFESCIENCES CORP
 
82
 
12,550
   
ELANCO ANIMAL HEALTH INC
 
26
 
805
   
ELASTIC NV
 
6
 
415
   
ELDORADO RESORTS INC
 
42
 
1,512
   
ELI LILLY & CO COM
 
28
 
3,263
   
EMCOR GROUP INC COM
 
21
 
1,224
   
ENCOMPASS HEALTH CORP
 
38
 
2,351
   
ENVESTNET INC
 
22
 
1,093
   
EOG RESOURCES, INC
 
12
 
1,081
   
EPAM SYSTEMS INC
 
14
 
1,638
   
EQUINIX INC
 
8
 
2,799
   
ERA GROUP INC
 
57
 
502
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
ESCO TECHNOLOGIES INC
 
35
 
2,296
   
ETSY INC
 
13
 
599
   
EURONET WORLDWIDE INC.
 
15
 
1,561
   
EVEREST RE GROUP LTD
 
9
 
2,055
   
EVO PAYMENTS INC
 
24
 
582
   
EVOQUA WATER TECHNOLOGIES CORP
 
64
 
611
   
EXACT SCIENCES CORP
 
21
 
1,312
   
EXTRA SPACE STORAGE INC
 
29
 
2,624
   
FACEBOOK INC
 
149
 
19,450
   
FARFETCH LTD-CLASS A
 
23
 
407
   
FCB FINANCIAL HOLDINGS, INC
 
19
 
629
   
FIFTH THIRD BANCORP
 
97
 
2,290
   
FIRST DATA CORP- CLASS A
 
267
 
4,508
   
FIRST HAWAIIAN INC
 
42
 
941
   
FIRST MIDWEST BANCORP INC DEL
 
99
 
1,967
   
FIRST SOURCE CORP
 
29
 
1,161
   
FLEXION THERAPEUTICS INC
 
56
 
635
   
FLIR SYS INC COM
 
24
 
1,026
   
FLOOR & DECOR HOLDINGS INC
 
208
 
5,403
   
FORD MOTOR COMPANY
 
212
 
1,621
   
FORRESTER RESEARCH INC COM
 
43
 
1,938
   
FORWARD AIR CORP
 
30
 
1,662
   
FRANKLIN RESOURCES INC
 
66
 
1,955
   
FREEPORT-MCMORAN INC.
 
296
 
3,052
   
FTI CONSULTING INC COM
 
16
 
1,087
   
GALLAGHER ARTHUR J & CO
 
14
 
1,032
   
GARTNER INC
 
29
 
3,652
   
GATX CORP
 
26
 
1,839
   
GENERAL MILLS INC
 
50
 
1,963
   
GENERAL MOTORS CO
 
292
 
9,766
   
GENPACT LTD
 
35
 
945
   
GENTHERM INC
 
41
 
1,639
   
GILEAD SCIENCES INC
 
64
 
4,028
   
GRAND CANYON EDUCATION INC
 
14
 
1,384
   
GREAT WESTERN BANCORP INC
 
60
 
1,881
   
GREIF INC-CL A
 
48
 
1,790
   
GRUBHUB INC
 
12
 
883
   
GUARDANT HEALTH INC
 
10
 
378
   
GUIDEWIRE SOFTWARE INC
 
12
 
923
   
GW PHARMACEUTICALS-ADR
 
6
 
605
    HAEMONETICS CORP MASS    15  1,482
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
HALLIBURTON CO
 
68
 
1,794
   
HAMILTON LANE INC
 
36
 
1,321
   
HANCOCK WHITNEY CORP
 
59
 
2,053
   
HCA HOLDINGS INC
 
47
 
5,849
   
HEALTH INSURANCE INNOVATIONS I
 
21
 
561
   
HELEN OF TROY LIMITED
 
8
 
1,089
   
HELMERICH & PAYNE INC
 
35
 
1,664
   
HENRY JACK & ASSOC INC COM
 
17
 
2,176
   
HEWLETT PACKARD ENTERPRISE CO
 
85
 
1,124
   
HILTON GRAND VACATIONS INC
 
84
 
2,212
   
HOME BANCSHARES INC/CONWAY AR
 
97
 
1,589
   
HOME DEPOT INC
 
20
 
3,351
   
HORIZON PHARMA PLC
 
88
 
1,726
   
HOULIHAN LOKEY INC
 
53
 
1,948
   
HUBBELL INCORPORATED
 
18
 
1,787
   
HUDSON PACIFIC PROPERTIES INC
 
70
 
2,024
   
HUMANA INC
 
9
 
2,550
   
HUNTINGTON INGALLS INDUSTRIES
 
9
 
1,746
   
HUNTSMAN CORP
 
86
 
1,657
   
HURON CONSULTING GROUP INC
 
47
 
2,410
   
ICF INTERNATIONAL INC
 
21
 
1,369
   
ICU MED INC COM
 
7
 
1,628
   
IDACORP INC
 
28
 
2,587
   
ILLUMINA INC
 
50
 
15,173
   
IMAX CORP COM
 
39
 
724
   
IMMUNOMEDICS INC
 
33
 
466
   
INGEVITY CORP
 
21
 
1,719
   
INGREDION INC
 
17
 
1,572
   
INSTALLED BUILDING PRODUCTS IN
 
31
 
1,061
   
INSULET CORP
 
21
 
1,693
   
INTEGER HOLDINGS CORP
 
13
 
1,014
   
INTEL CORP
 
75
 
3,503
   
INTERFACE INC
 
39
 
557
   
INTERNATIONAL BANCSHARES CRP
 
63
 
2,161
   
INTERNATIONAL GAME TECHNOLOG
 
55
 
805
   
INVESCO LIMITED
 
140
 
2,347
   
IPG PHOTONICS CORP
 
22
 
2,492
   
IRHYTHM TECHNOLOGIES INC
 
17
 
1,160
   
ITT INC
 
22
 
1,052
   
J & J SNACK FOODS CORP
 
12
 
1,726
   
J2 GLOBAL INC
 
26
 
1,804
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
JAZZ PHARMACEUTICALS PLC
 
9
 
1,123
*
 
JPMORGAN CHASE & CO
 
80
 
7,816
   
JUNIPER NETWORKS INC
 
36
 
969
   
KEMPER CORP
 
26
 
1,725
   
KEYSIGHT TECHNOLOGIES INC
 
48
 
2,967
   
KINDER MORGAN INC/DELAWARE
 
127
 
1,953
   
KKR & CO INC -A
 
330
 
6,484
   
KNIGHT-SWIFT TRANSPORTATION
 
35
 
877
   
KOHLS CORP
 
38
 
2,508
   
KROGER CO
 
45
 
1,229
   
LAMB WESTON HOLDINGS INC
 
16
 
1,149
   
LEAR CORP
 
23
 
2,887
   
LENNOX INTERNATIONAL INC
 
5
 
1,182
   
LHC GROUP INC
 
15
 
1,436
   
LITTELFUSE INC COM
 
27
 
4,604
   
LOEWS CORP
 
54
 
2,481
   
LOXO ONCOLOGY INC
 
39
 
5,497
   
LUXFER HOLDINGS PLC
 
103
 
1,821
   
LYONDELLBASELL INDU-CL A
 
45
 
3,751
   
MACY'S INC
 
70
 
2,076
   
MAGNA INTL INC CL A
 
109
 
4,964
   
MARATHON OIL CORP
 
99
 
1,417
   
MARATHON PETROLEUM CORP
 
62
 
3,670
   
MARVELL TECHNOLOGY GROUP
 
64
 
1,037
   
MASTERCARD INC
 
18
 
3,457
   
MATADOR RESOURCES CO
 
42
 
644
   
MATCH GROUP INC
 
192
 
8,225
   
MATTHEWS INTL CORP
 
36
 
1,475
   
MB FINANCIAL BANK
 
54
 
2,149
   
MCCORMICK & CO INC NON VTG
 
18
 
2,451
   
MCKESSON CORP
 
18
 
1,966
   
MERCADOLIBRE INC
 
5
 
1,479
   
MERCK & CO INC NEW
 
49
 
3,714
   
MERCURY GEN CORP NEW
 
43
 
2,219
   
MERCURY SYSTEMS INC
 
27
 
1,272
   
MICHAEL KORS HOLDINGS LTD
 
33
 
1,236
   
MICRON TECHNOLOGY INC
 
271
 
8,619
   
MIDDLEBY CORP
 
11
 
1,160
   
MIRATI THERAPEUTICS INC
 
9
 
386
   
MISTRAS GROUP INC
 
74
 
1,064
   
MKS INSTRS INC
 
38
 
2,405
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
MOHAWK INDS INC COM
 
30
 
3,462
   
MOLSON COORS BREWING CO
 
74
 
4,178
   
MONOLITHIC PWR SYS INC
 
23
 
2,642
   
MONSTER BEVERAGE CORP
 
270
 
13,328
*
 
MORGAN STANLEY
 
56
 
2,212
   
MORPHOSYS AG ADR
 
34
 
860
   
MOTOROLA SOLUTIONS, INC.
 
14
 
1,558
   
MUELLER INDS INC
 
103
 
2,402
   
MYLAN N V
 
65
 
1,793
   
MYOKARDIA INC
 
7
 
349
   
NATIONAL BEVERAGE CORP
 
13
 
936
   
NATIONAL VISION HOLDINGS INC
 
48
 
1,352
   
NATUS MEDICAL INC
 
26
 
897
   
NAVIGANT CONSULTING CO
 
72
 
1,727
   
NCR CORPORATION COM
 
37
 
851
   
NEENAH, INC
 
29
 
1,703
   
NETFLIX INC
 
73
 
19,539
   
NEUROCRINE BIOSCIENCES INC COM
 
11
 
814
   
NEW JERSEY RES CORP
 
22
 
1,012
   
NICE LTD - SPON ADR
 
15
 
1,580
   
NOMAD FOODS LTD
 
97
 
1,620
   
NORDSON CORP
 
8
 
991
   
NORFOLK SOUTHERN CORP
 
20
 
3,036
   
NORTHWEST BANCSHARES INC/MD
 
133
 
2,253
   
NORWEGIAN CRUISE LINE HOLDING
 
62
 
2,632
   
NOVANTA INC
 
14
 
909
   
NOVOCURE LTD
 
24
 
787
   
NUTRI SYS INC
 
35
 
1,521
   
NVENT ELECTRIC PLC-W/I
 
88
 
1,983
   
NVIDIA CORP
 
15
 
2,029
   
OCCIDENTAL PETE CORP
 
38
 
2,326
   
OCEANEERING INTL INC
 
89
 
1,077
   
ONEMAIN HOLDINGS INC
 
71
 
1,730
   
ORACLE CORPORATION
 
54
 
2,438
   
ORION ENGINEERED CARBONS SA
 
107
 
2,695
   
OSI SYS INC @CORP COM
 
29
 
2,155
   
OXFORD INDS INC
 
16
 
1,107
   
PACWEST BANCORP
 
50
 
1,657
   
PAGSEGURO DIGITAL LTD-CL A
 
49
 
918
   
PALO ALTO NETWORKS INC
 
49
 
9,248
   
PAYLOCITY HOLDING CORP
 
31
 
1,867
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
PAYPAL HOLDINGS INC
 
54
 
4,536
   
PENN VA CORP NEW
 
27
 
1,474
   
PENTAIR PLC
 
23
 
878
   
PERFORMANCE FOOD GROUP CO
 
34
 
1,110
   
PERKINELMER, INC
 
25
 
1,926
   
PETIQ INC
 
27
 
622
   
PFIZER INC
 
94
 
4,103
   
PHILLIPS 66
 
29
 
2,490
   
PHYSICIANS REALTY TRUST
 
307
 
4,910
   
PIVOTAL SOFTWARE INC
 
32
 
518
   
PLANET FITNESS INC
 
26
 
1,367
   
PLURALSIGHT INC
 
33
 
770
   
POLYONE CORP
 
40
 
1,137
   
PORTOLA PHARMACEUTICALS INC
 
32
 
615
   
POST HOLDINGS INC
 
21
 
1,907
   
POTLATCHDELTIC CORP
 
49
 
1,547
   
PPL CORPORATION
 
62
 
1,745
   
PREMIER INC
 
26
 
965
   
PRIMORIS SERVIES CORPORATION
 
35
 
662
   
PRINCIPAL FINANCIAL GROUP
 
35
 
1,542
   
PROCTER & GAMBLE CO
 
30
 
2,721
   
PROLOGIS INC
 
21
 
1,251
   
PRUDENTIAL FINL INC
 
29
 
2,389
   
PULTE GRP INC
 
187
 
4,865
   
Q2 HOLDINGS INC
 
27
 
1,313
   
RAYMOND JAMES FINL INC
 
21
 
1,529
   
REGENERON PHARMACEUTICALS INC
 
21
 
7,881
   
REGIONS FINL CORP NEW
 
203
 
2,719
   
REINSURANCE GROUP AMER CLASS A NEW
 
28
 
3,891
   
RENAISSANCERE HOLDINGS COM
 
13
 
1,698
   
REPUBLIC SERVICES INC CL A COMM
 
43
 
3,078
   
RESOLUTE ENERGY CORP
 
57
 
1,654
   
RETAIL PROPERTIES OF AME-A
 
92
 
994
   
ROGERS CORP COM
 
8
 
768
   
RPM INTERNATIONAL INC
 
60
 
3,533
   
RPT REALTY
 
201
 
2,402
   
RUDOLPH TECHNOLOGIES INC
 
22
 
460
   
S&P GLOBAL INC
 
11
 
1,931
   
SAIA INC
 
22
 
1,252
   
SALESFORCE COM INC
 
203
 
27,795
   
SANTANDER CONSUMER USA HOLDING
 
176
 
3,100
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
SAREPTA THERAPEUTICS INC
 
52
 
5,784
   
SCANSOURCE INC COM
 
28
 
955
   
SCHLUMBERGER LTD
 
164
 
5,906
   
SCHWAB CHARLES CORP NEW
 
62
 
2,575
   
SCORPIO TANKERS INC
 
491
 
864
   
SEACOR HOLDINGS INC
 
30
 
1,117
   
SEACOR MARINE HOLDINGS INC
 
48
 
561
   
SEALED AIR CORP COM
 
51
 
1,793
   
SELECT MEDICAL HOLDINGS CORPORATION
 
89
 
1,366
   
SENSIENT TECHNOLOGIES CORP
 
28
 
1,579
   
SERVICENOW INC
 
157
 
27,961
   
SITEONE LANDSCAPE SUPPLY INC
 
25
 
1,384
   
SIX FLAGS ENTERTAINMENT CORP
 
20
 
1,114
   
SKYLINE CORP
 
45
 
660
   
SLM CORP
 
296
 
2,456
   
SMITH A O CORP CL B
 
49
 
2,061
   
SOLAR CAPITAL LTD
 
54
 
1,030
   
SPECTRUM BRANDS HLDGS INC NEW
 
38
 
1,611
   
SPIRE INC
 
16
 
1,155
   
SPLUNK INC
 
100
 
10,470
   
STAG INDUSTRIAL INC
 
95
 
2,373
   
STATE STREET CORP
 
28
 
1,760
   
STEELCASE INC CL A
 
102
 
1,508
   
STEPAN CO COM
 
15
 
1,141
   
STERIS PLC
 
40
 
4,267
   
STRATEGIC EDUCATION INC
 
8
 
919
   
SUMMIT HOTEL PROPERTIES INC
 
104
 
1,013
   
SUMMIT MATERIALS INC
 
130
 
1,608
   
SYNCHRONY FINANCIAL
 
93
 
2,191
   
TAKE-TWO INTERACTIVE SOFTWARE
 
14
 
1,421
   
TANDEM DIABETES CARE INC
 
31
 
1,177
   
TARGET CORP
 
45
 
2,961
   
TELEDYNE TECHNOLOGIES INC
 
7
 
1,543
   
TELEFLEX INC
 
9
 
2,424
   
THE CHILDREN'S PLACE INC
 
10
 
942
   
THERMON GROUP HOLDINGS INC
 
93
 
1,889
   
TOTAL SYS SVCS INC
 
15
 
1,189
   
TRANSUNION
 
71
 
4,061
   
TRAVELERS COMPANIES, INC
 
22
 
2,611
   
TRI POINTE HOMES INC
 
147
 
1,609
   
TRIMAS CORP
 
135
 
3,688
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
TRINET GROUP INC
 
24
 
1,007
   
TUPPERWARE BRANDS CORPORATION
 
64
 
2,016
   
TWILIO INC
 
14
 
1,220
   
TYLER TECHNOLOGIES INC
 
7
 
1,301
   
TYSON FOODS INC CL A DEL
 
40
 
2,157
   
UGI CORP NEW COM
 
47
 
2,504
   
ULTA BEAUTY, INC
 
11
 
2,686
   
ULTIMATE SOFTWARE GROUP INC
 
17
 
4,202
   
UNDER ARMOUR INC CL A
 
45
 
800
   
UNION BANKSHARES CORP
 
53
 
1,502
   
UNION PACIFIC CORP
 
18
 
2,474
   
UNITED CONTINENTAL HOLDINGS, INC.
 
31
 
2,612
   
UNIVAR INC
 
68
 
1,209
   
UNIVERSAL DISPLAY CORP
 
14
 
1,355
   
UNUM GROUP
 
53
 
1,557
   
V F CORP
 
35
 
2,511
   
VAIL RESORTS INC COM
 
9
 
1,857
   
VALERO ENERGY CORP
 
48
 
3,569
   
VEEVA SYSTEMS INC
 
22
 
1,936
   
VISA INC-CLASS A SHRS
 
262
 
34,599
   
VOYA FINANCIAL INC
 
28
 
1,116
   
VULCAN MATERIALS COMPANY
 
13
 
1,268
   
WABCO HOLDINGS INC
 
10
 
1,084
   
WAGEWORKS INC
 
34
 
923
   
WALGREENS BOOTS ALLIANCE INC
 
46
 
3,123
   
WASTE MANAGEMENT INC
 
31
 
2,794
   
WAVE LIFE SCIENCES LTD
 
10
 
427
   
WAYFAIR INC
 
8
 
759
   
WEBSTER FINL CORP WATERBURY CONN
 
37
 
1,815
   
WELLCARE HEALTH PLANS, INC
 
9
 
2,137
   
WEST PHARMACEUTICAL SVCS INC
 
19
 
1,843
   
WESTERN ALLIANCE BANCORPORATION
 
52
 
2,057
   
WESTERN DIGITAL CORP
 
65
 
2,403
   
WESTLAKE CHEM CORP
 
32
 
2,098
   
WESTROCK CO
 
41
 
1,563
   
WEX INC
 
31
 
4,364
   
WHITE MTNS INS GROUP
 
3
 
2,976
   
WILLIAMS SCOTSMAN CORP
 
99
 
935
   
WILLIAMS SONOMA INC
 
21
 
1,057
   
WINTRUST FINL CORP
 
50
 
3,265
   
WISDOMTREE INVESTMENTS INC
 
123
 
816
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
WNS HOLDINGS LTD ADR
 
108
 
4,471
   
WOODWARD INC.
 
30
 
2,162
   
WORKDAY INC
 
41
 
6,547
   
WORLD WRESTLING ENTERTAINMENT INC
 
23
 
1,742
   
WPX ENERGY INC
 
146
 
1,653
   
XYLEM INC/NY
 
32
 
2,142
   
ZAYO GROUP HOLDINGS INC
 
82
 
1,882
   
ZEBRA TECHNOLOGIES CORP CL A
 
14
 
2,171
   
ZENDESK INC
 
16
 
957
   
ZIMMER BIOMET HOLDINGS, INC
 
11
 
1,094
   
ZIONS BANCORP NA
 
50
 
2,040
   
ZOETIS INC
 
36
 
3,063
   
ZYNGA INC
 
184
 
724
   
Total Common Stocks
     
1,823,770
             
   
U.S. Government and Agency Obligations
       
   
FHLMC POOL #Q42018   3.500%  7/01/46
 
524
 
525
   
FNMA POOL #465787    3.880%  8/01/20
 
864
 
875
   
FNMA POOL #467757    4.330%  4/01/21
 
266
 
274
   
FNMA POOL #468066    4.295%  6/01/21
 
1,194
 
1,232
   
FNMA POOL #468542    4.500%  8/01/21
 
500
 
520
   
FNMA POOL #AM6602    2.630%  9/01/21
 
1,500
 
1,486
   
FNMA POOL #AM7514    3.070%  2/01/25
 
2,900
 
2,901
   
FNMA POOL #AM7619    2.940%  1/01/23
 
1,880
 
1,884
   
FNMA POOL #AM7901    3.360%  2/01/30
 
94
 
94
   
FNMA POOL #AM8141    2.780%  3/01/27
 
289
 
281
   
FNMA POOL #AM8572    2.750%  4/01/25
 
3,725
 
3,685
   
FNMA POOL #AM8856    2.920%  6/01/30
 
4,761
 
4,559
   
FNMA POOL #AM8993    2.720%  5/01/25
 
4,774
 
4,716
   
FNMA POOL #AM9014    3.200%  6/01/30
 
5,000
 
4,875
   
FNMA POOL #AM9169    3.080%  6/01/27
 
2,054
 
2,036
   
FNMA POOL #AM9320    3.300%  7/01/30
 
2,579
 
2,528
   
FNMA POOL #AM9333    3.080% 11/01/22
 
1,325
 
1,336
   
FNMA POOL #AM9335    3.060%  8/01/22
 
915
 
921
   
FNMA POOL #AM9336    3.080% 11/01/22
 
2,648
 
2,670
   
FNMA POOL #AM9432    3.120% 12/01/22
 
1,900
 
1,918
   
FNMA POOL #AM9466    3.150%  2/01/22
 
1,383
 
1,394
   
FNMA POOL #AM9491    3.550%  8/01/30
 
128
 
130
   
FNMA POOL #AM9567    2.970%  7/01/24
 
1,435
 
1,436
   
FNMA POOL #AM9573    3.220%  4/01/23
 
2,043
 
2,073
   
FNMA POOL #AM9615    2.680%  9/01/22
 
3,364
 
3,332
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
FNMA POOL #AM9642    2.590%  1/01/22
 
1,515
 
1,503
   
FNMA POOL #AM9658    2.820%  1/01/22
 
1,426
 
1,422
   
FNMA POOL #AM9686    2.550%  4/01/22
 
1,896
 
1,879
   
FNMA POOL #AN0193    3.000%  8/01/24
 
573
 
572
   
FNMA POOL #AN4975    3.210%  3/01/29
 
1,500
 
1,474
   
FNMA POOL #AN5935    3.130%  7/01/27
 
979
 
973
   
FNMA POOL #AN6026    2.980%  6/01/27
 
770
 
751
   
FNMA POOL #AN6271    3.100%  8/01/29
 
85
 
82
   
FNMA POOL #AN6850    3.220%  9/01/32
 
1,000
 
953
   
FNMA POOL #AN7596    3.160%  6/01/30
 
1,357
 
1,312
   
FNMA POOL #BL0907    3.880% 12/01/28
 
1,350
 
1,403
   
FNMA POOL #BL0985    3.890% 12/01/28
 
1,150
 
1,197
   
FNMA POOL #BL0995    3.940%  1/01/29
 
1,050
 
1,097
   
FNMA POOL #BM3499    4.000%  3/01/48
 
3,773
 
3,851
   
GNMA POOL #784044    4.990% 11/20/37
 
2,076
 
2,197
   
GNMA POOL #784045    4.500%  7/20/45
 
1,384
 
1,433
   
GNMA POOL #BA7567    4.500%  5/20/48
 
988
 
1,029
   
GNMA POOL #BI0416    4.500% 11/20/48
 
1,198
 
1,256
   
GNMA POOL #BK7169    5.000% 12/20/48
 
1,000
 
1,053
   
RFCSP STRIP PRINCIPAL        1/15/30
 
500
 
353
   
TENN VAL AUTH CPN STRIP      3/15/32
 
300
 
189
   
TENN VALLEY AUTH     4.250%  9/15/65
 
124
 
141
   
TENN VALLEY AUTH     4.625%  9/15/60
 
70
 
85
   
TVA PRIN STRIP               6/15/35
 
500
 
275
   
U S TREASURY SEC STRIPPED
 
2,500
 
2,192
   
U S TREASURY SEC STRIPPED    2/15/20
 
2,300
 
2,235
   
U S TREASURY SEC STRIPPED    2/15/22
 
1,200
 
1,109
   
U S TREASURY SEC STRIPPED    2/15/25
 
4,500
 
3,837
   
U S TREASURY SEC STRIPPED    2/15/30
 
1,300
 
947
   
U S TREASURY SEC STRIPPED    5/15/19
 
920
 
912
   
U S TREASURY SEC STRIPPED    5/15/20
 
2,450
 
2,366
   
U S TREASURY SEC STRIPPED    5/15/21
 
5,400
 
5,088
   
U S TREASURY SEC STRIPPED    5/15/23
 
2,195
 
1,964
   
U S TREASURY SEC STRIPPED    5/15/24
 
2,800
 
2,439
   
U S TREASURY SEC STRIPPED    5/15/25
 
4,500
 
3,806
   
U S TREASURY SEC STRIPPED    5/15/27
 
2,600
 
2,068
   
U S TREASURY SEC STRIPPED    5/15/28
 
1,000
 
770
   
U S TREASURY SEC STRIPPED    5/15/29
 
750
 
559
   
U S TREASURY SEC STRIPPED    5/15/30
 
2,050
 
1,485
   
U S TREASURY SEC STRIPPED    8/15/20
 
800
 
768
   
U S TREASURY SEC STRIPPED    8/15/21
 
1,000
 
937
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
U S TREASURY SEC STRIPPED    8/15/23
 
205
 
182
   
U S TREASURY SEC STRIPPED   11/15/24
 
3,500
 
3,007
   
U S TREASURY SEC STRIPPED   11/15/28
 
2,500
 
1,893
   
U S TREASURY SEC STRIPPED   11/15/29
 
1,750
 
1,285
   
US TREAS SEC STRIPPED
 
4,600
 
2,953
   
US TREAS SEC STRIPPED        5/15/19
 
180
 
178
   
US TREAS SEC STRIPPED        5/15/33
 
900
 
594
   
US TREAS SEC STRIPPED       11/15/19
 
4,000
 
3,911
   
US TREAS SEC STRIPPED       11/15/30
 
1,825
 
1,300
   
US TREAS SEC STRIPPED       11/15/32
 
1,000
 
670
   
US TREAS SEC STRIPPED       11/15/33
 
900
 
584
   
US TREAS SEC STRIPPED       11/15/41
 
1,500
 
754
   
US TREASURY BOND     2.500%  2/15/45
 
3,400
 
3,081
   
US TREASURY BOND     2.750%  8/15/42
 
2,500
 
2,393
   
US TREASURY BOND     2.750% 11/15/42
 
240
 
229
   
US TREASURY BOND     3.000%  2/15/48
 
80
 
80
   
US TREASURY BOND     3.125%  2/15/43
 
2,000
 
2,040
   
US TREASURY BOND     3.125%  5/15/48
 
201
 
205
   
US TREASURY BOND     3.125% 11/15/41
 
1,500
 
1,536
   
US TREASURY BOND     3.375%  5/15/44
 
3,459
 
3,684
   
US TREASURY BOND     3.500%  2/15/39
 
1,400
 
1,531
   
US TREASURY BOND     3.625%  2/15/44
 
1,000
 
1,108
   
US TREASURY BOND     3.625%  8/15/43
 
2,700
 
2,989
   
US TREASURY BOND     3.750% 11/15/43
 
7,037
 
7,948
   
US TREASURY BOND     3.875%  8/15/40
 
1,000
 
1,148
   
US TREASURY BOND     4.250% 11/15/40
 
300
 
363
   
US TREASURY BOND     4.375%  2/15/38
 
200
 
245
   
US TREASURY BOND     4.375%  5/15/40
 
400
 
491
   
US TREASURY BOND     4.375%  5/15/41
 
4,380
 
5,391
   
US TREASURY BOND     4.500%  2/15/36
 
777
 
958
   
US TREASURY BOND     4.500%  8/15/39
 
1,680
 
2,094
   
US TREASURY NOTE             2/15/20
 
2,450
 
2,380
   
US TREASURY NOTE     1.000% 11/30/19
 
1,500
 
1,478
   
US TREASURY NOTE     1.125%  2/28/21
 
700
 
680
   
US TREASURY NOTE     1.375%  8/31/23
 
4,500
 
4,278
   
US TREASURY NOTE     1.500%  2/28/23
 
1,500
 
1,441
   
US TREASURY NOTE     1.625%  8/31/22
 
2,000
 
1,940
   
US TREASURY NOTE     1.625% 10/31/23
 
2,700
 
2,591
   
US TREASURY NOTE     1.750%  5/15/23
 
1,027
 
995
   
US TREASURY NOTE     1.750%  9/30/19
 
5,500
 
5,464
   
US TREASURY NOTE     1.750%  9/30/22
 
1,500
 
1,460
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
US TREASURY NOTE     1.750% 11/30/21
 
400
 
392
   
US TREASURY NOTE     2.000%  6/30/24
 
81
 
79
   
US TREASURY NOTE     2.000% 11/15/26
 
140
 
134
   
US TREASURY NOTE     2.125%  1/31/21
 
2,100
 
2,084
   
US TREASURY NOTE     2.125%  2/29/24
 
1,080
 
1,059
   
US TREASURY NOTE     2.250%  2/15/27
 
67
 
65
   
US TREASURY NOTE     2.250% 11/15/24
 
52
 
51
   
US TREASURY NOTE     2.250% 11/15/25
 
46
 
45
   
US TREASURY NOTE     2.250% 11/15/27
 
2,000
 
1,932
   
US TREASURY NOTE     2.500%  5/15/24
 
74
 
74
   
US TREASURY NOTE     2.500%  5/31/20
 
36
 
36
   
US TREASURY NOTE     2.500%  8/15/23
 
1,600
 
1,600
   
US TREASURY NOTE     2.625%  5/15/21
 
917
 
920
   
US TREASURY NOTE     2.625%  8/15/20
 
700
 
701
   
US TREASURY NOTE     2.625% 11/15/20
 
2,500
 
2,505
   
US TREASURY NOTE     2.875%  4/30/25
 
115
 
117
   
US TREASURY NOTE     2.875%  5/15/28
 
1,188
 
1,206
   
US TREASURY NOTE     2.875%  5/31/25
 
170
 
173
   
US TREASURY NOTE     2.875% 10/31/20
 
1,000
 
1,006
   
US TREASURY NOTE     3.125%  5/15/19
 
1,200
 
1,203
   
US TREASURY NOTE     3.375% 11/15/19
 
2,500
 
2,515
   
US TREASURY NOTE     3.500%  5/15/20
 
3,500
 
3,544
   
US TREASURY SEC STRIPPED
 
7,325
 
5,000
   
VR FNMA POOL #AL7395 5.584%  9/01/55
 
2,558
 
2,762
   
Total U.S. Government and Agency Obligations
     
214,378
             
   
Common/Collective Trusts
       
*
 
AMEX R/VANGUARD FIDUCIARY EXT MKT
 
1,969
 
160,262
*
 
AMEX R/VANGUARD FIDUCIARY INTL STK
 
880
 
78,027
*
 
AMEX R/VANGUARD FIDUCIARY TOT BD
 
725
 
73,162
*
 
COLUMBIA TRUST GOV MONEY MKT FUND
 
71,605
 
71,605
*
 
FIAM GRP TR FOR/CORE PLUS COMMINGLE
 
4,574
 
93,075
   
LOOMIS SAYLES CORE PLUS FULL DISC TR
 
4,531
 
92,974
*
 
MSIM/INTERNATIONAL EQUITY II TRUST
 
7,751
 
227,257
   
NEUBERGER BERMA/EMERGING MKTS EQUIT
 
4,943
 
56,495
*
 
VANGUARD EMPLOYEE BENEFIT INDEX #528
 
2,613
 
769,204
   
Total Common/Collective Trusts
     
1,622,061
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
Mutual Funds
       
   
AMERICAN FUNDS EUROPAC GRTH R6 #2616
 
5,802
 
261,045
   
DFA EMERGING MARKETS VALUE FD #5095
 
1,802
 
48,397
   
DFA INTL SMALL CAP VALUE PT #5066
 
3,653
 
60,823
   
Total Mutual Funds
     
370,265
             
   
Self-Directed Brokerage Accounts
       
   
CASH EQUIVALENTS
     
17,192
   
COMMON STOCK
     
5,068
   
MUTUAL FUNDS
     
101,358
   
Total Self-Directed Brokerage Accounts
     
123,618
             
   
Other Investments
       
   
Asset-Backed Securities
       
   
ALLY AUTO RECEIVABLE 1.470%  4/15/20
 
19
 
19
   
ALLY AUTO RECEIVABLE 2.930% 11/15/23
 
313
 
310
   
AMERICAN CREDIT ACCE 2.860%  6/12/23
 
582
 
580
   
AMERICAN CREDIT ACCE 2.880%  3/13/23
 
311
 
310
   
AMERICAN CREDIT ACCE 2.910%  2/13/23
 
139
 
139
   
AMERICAN CREDIT ACCE 3.550%  4/10/24
 
603
 
603
   
AMERICAN CREDIT ACCE 3.700%  7/10/24
 
959
 
960
   
AMERICAN CREDIT ACCE 6.090%  5/12/22
 
200
 
203
   
AMERICAN HOMES 4 REN 3.467%  4/17/52
 
373
 
371
   
AMERICAN HOMES 4 REN 3.678% 12/17/36
 
696
 
699
   
AMERICAN HOMES 4 REN 3.786% 10/17/36
 
465
 
469
   
AMERICAN HOMES 4 REN 4.407%  4/17/52
 
720
 
730
   
AMERICAN HOMES 4 REN 5.639%  4/17/52
 
150
 
161
   
AMERICAN HOMES 4 REN 6.070% 10/17/45
 
142
 
156
   
AMERICREDIT AUTOMOBI 1.870%  8/18/21
 
164
 
163
   
AMERICREDIT AUTOMOBI 2.690%  6/19/23
 
341
 
337
   
AMERICREDIT AUTOMOBI 2.710%  8/18/22
 
154
 
153
   
AMERICREDIT AUTOMOBI 2.970%  3/20/23
 
871
 
864
   
AMERICREDIT AUTOMOBI 3.080% 12/18/23
 
1,699
 
1,676
   
AMERICREDIT AUTOMOBI 3.130%  1/18/23
 
347
 
345
   
ARCADIA RECEIVABLES  3.250%  6/15/23
 
34
 
34
   
ASCENTIUM EQUIPMENT  2.290%  6/10/21
 
244
 
242
   
ASCENTIUM EQUIPMENT  2.850% 10/10/21
 
550
 
542
   
AXIS EQUIPMENT FINAN 2.210% 11/20/21
 
98
 
98
   
B2R MORTGAGE TRUST   3.336% 11/15/48
 
210
 
209
   
BB-UBS TRUST         3.430% 11/05/36
 
1,350
 
1,350
   
BCC FUNDING CORP     2.200% 12/20/21
 
63
 
63
   
BUSINESS JET SECURIT 4.335%  2/15/33
 
610
 
613
   
BUSINESS JET SECURIT 4.447%  6/15/33
 
554
 
560
   
CABELA'S MASTER CRED 2.250%  7/17/23
 
185
 
183
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
CAMILLO 2016-SFR1    5.000% 12/05/23
 
370
 
369
   
CAPITAL AUTO RECEIVA 3.150%  2/20/25
 
427
 
426
   
CARMAX AUTO OWNER TR 2.200%  6/15/22
 
500
 
492
   
CARMAX AUTO OWNER TR 2.600%  2/15/23
 
211
 
209
   
CARMAX AUTO OWNER TR 2.700% 10/16/23
 
171
 
169
   
CARMAX AUTO OWNER TR 3.370%  7/15/24
 
298
 
295
   
CARMAX AUTO OWNER TR 3.390% 10/16/23
 
300
 
300
   
CARNOW AUTO RECEIVAB 2.920%  9/15/22
 
201
 
200
   
CHRYSLER CAPITAL AUT 1.640%  7/15/21
 
165
 
164
   
CIG AUTO RECEIVABLES 2.710%  5/15/23
 
103
 
103
   
COLONY AMERICAN FINA 2.544%  6/15/48
 
218
 
215
   
COLONY AMERICAN FINA 2.554% 11/15/48
 
151
 
147
   
COLONY AMERICAN FINA 2.896% 10/15/47
 
181
 
180
   
COMM MORTGAGE TRUST  3.047% 10/10/46
 
400
 
400
   
COMM MORTGAGE TRUST  3.759%  8/10/48
 
313
 
317
   
CPS AUTO TRUST       1.870%  3/15/21
 
72
 
72
   
CPS AUTO TRUST       2.860%  6/15/23
 
387
 
384
   
CPS AUTO TRUST       2.920%  2/15/22
 
288
 
286
   
CPS AUTO TRUST       3.010% 10/17/22
 
554
 
551
   
CPS AUTO TRUST       3.050% 12/15/23
 
169
 
168
   
CPS AUTO TRUST       3.790%  6/15/23
 
396
 
396
   
CPS AUTO TRUST       4.400%  6/17/24
 
118
 
120
   
CREDIT ACCEPTANCE AU 2.560% 10/15/25
 
386
 
384
   
CREDIT ACCEPTANCE AU 3.350%  6/15/26
 
354
 
351
   
CREDIT ACCEPTANCE AU 3.480%  2/17/26
 
318
 
317
   
CREDIT ACCEPTANCE AU 3.480% 10/15/26
 
682
 
679
   
CREDIT ACCEPTANCE AU 3.600%  4/15/27
 
990
 
989
   
CREDIT ACCEPTANCE AU 4.160%  9/15/27
 
395
 
401
   
DBWF 2015-LCM M/MTG  1.000%  6/10/34
 
289
 
282
   
DELL EQUIPMENT FINAN 2.730% 10/24/22
 
336
 
333
   
DELL EQUIPMENT FINAN 2.950%  4/22/22
 
277
 
276
   
DRIVE AUTO RECEIVABL 2.610%  8/16/21
 
175
 
175
   
DRIVE AUTO RECEIVABL 2.750%  9/15/23
 
347
 
346
   
DRIVE AUTO RECEIVABL 2.800%  7/15/22
 
346
 
345
   
DRIVE AUTO RECEIVABL 2.840%  4/15/22
 
611
 
610
   
DRIVE AUTO RECEIVABL 2.980%  1/18/22
 
269
 
268
   
DRIVE AUTO RECEIVABL 3.910%  5/17/21
 
99
 
99
   
DRIVE AUTO RECEIVABL 4.140%  8/15/24
 
1,140
 
1,149
   
DRIVE AUTO RECEIVABL 4.180%  3/15/24
 
220
 
221
   
DRIVE AUTO RECEIVABL 4.300%  9/16/24
 
408
 
414
   
DT AUTO OWNER TRUST  2.440%  2/15/21
 
160
 
160
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
DT AUTO OWNER TRUST  2.700% 11/15/22
 
243
 
242
   
DT AUTO OWNER TRUST  2.860%  7/17/23
 
342
 
341
   
DT AUTO OWNER TRUST  3.030%  1/17/23
 
921
 
920
   
DT AUTO OWNER TRUST  3.470%  7/17/23
 
630
 
628
   
DT AUTO OWNER TRUST  3.550% 11/15/22
 
188
 
188
   
DT AUTO OWNER TRUST  3.580%  5/15/23
 
345
 
344
   
DT AUTO OWNER TRUST  3.670%  3/15/24
 
561
 
564
   
ENGS COMMERCIAL FINA 2.470%  2/22/22
 
105
 
104
   
EXETER AUTOMOBILE RE 2.820%  5/16/22
 
772
 
769
   
EXETER AUTOMOBILE RE 2.840%  8/16/21
 
122
 
122
   
EXETER AUTOMOBILE RE 3.000% 12/15/21
 
265
 
264
   
EXETER AUTOMOBILE RE 3.530% 11/15/23
 
290
 
289
   
EXETER AUTOMOBILE RE 3.640%  2/15/22
 
94
 
94
   
EXETER AUTOMOBILE RE 3.680%  7/17/23
 
548
 
550
   
EXETER AUTOMOBILE RE 3.710%  6/15/23
 
595
 
599
   
FANNIEMAE-ACES       2.980%  9/25/24
 
733
 
705
   
FED HOME LN MTG CORP 2.770%  5/25/25
 
1,500
 
1,473
   
FED HOME LN MTG CORP 3.350%  9/25/28
 
989
 
999
   
FED HOME LN MTG CORP 3.500%  6/15/26
 
493
 
501
   
FED HOME LN MTG CORP 4.500%  4/15/39
 
109
 
115
   
FED HOME LN MTG CORP 6.000% 11/15/23
 
35
 
37
   
FED HOME LN MTG CORP 6.250% 10/15/23
 
169
 
177
   
FED HOME LN MTG CORP 7.000% 12/15/36
 
146
 
166
   
FED NATL MTG ASSN    3.000%  1/25/46
 
512
 
508
   
FED NATL MTG ASSN    4.500% 12/25/40
 
829
 
901
   
FED NATL MTG ASSN    6.000%  3/25/36
 
72
 
81
   
FHLMC MULTIFAMILY ST 2.597%  9/25/20
 
124
 
123
   
FHLMC MULTIFAMILY ST 2.811%  9/25/24
 
591
 
584
   
FHLMC MULTIFAMILY ST 2.982% 11/25/25
 
700
 
693
   
FHLMC-GNMA           8.000% 12/25/22
 
18
 
19
   
FIRST INVESTORS AUTO 1.870% 11/15/21
 
361
 
359
   
FIRST INVESTORS AUTO 2.210%  7/15/22
 
250
 
247
   
FIRST INVESTORS AUTO 2.650% 11/15/22
 
300
 
297
   
FIRST INVESTORS AUTO 3.000%  1/16/24
 
400
 
397
   
FIRST INVESTORS AUTO 3.000%  8/15/23
 
600
 
594
   
FIRST INVESTORS AUTO 3.440%  3/15/24
 
439
 
437
   
FIRST INVESTORS AUTO 3.600%  4/17/23
 
278
 
278
   
FIRST INVESTORS AUTO 3.690%  6/17/24
 
292
 
294
   
FLAGSHIP CREDIT AU 0.27222%  2/16/21
 
230
 
230
   
FLAGSHIP CREDIT AUTO 1.850%  7/15/21
 
144
 
143
   
FLAGSHIP CREDIT AUTO 2.100% 11/15/20
 
48
 
48
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
FLAGSHIP CREDIT AUTO 2.380% 10/15/20
 
29
 
29
   
FLAGSHIP CREDIT AUTO 2.410% 10/15/21
 
440
 
437
   
FLAGSHIP CREDIT AUTO 2.530% 12/15/20
 
33
 
33
   
FLAGSHIP CREDIT AUTO 2.710% 11/15/22
 
170
 
169
   
FLAGSHIP CREDIT AUTO 2.910%  9/15/23
 
384
 
381
   
FLAGSHIP CREDIT AUTO 2.920% 11/15/23
 
227
 
224
   
FLAGSHIP CREDIT AUTO 2.960%  7/15/23
 
420
 
417
   
FLAGSHIP CREDIT AUTO 3.390%  1/16/24
 
700
 
698
   
FLAGSHIP CREDIT AUTO 3.580%  1/15/24
 
130
 
129
   
FLAGSHIP CREDIT AUTO 3.840%  9/15/22
 
60
 
60
   
FLAGSHIP CREDIT AUTO 6.220%  6/15/22
 
350
 
362
   
FLAGSHIP CREDIT AUTO 6.220%  9/15/22
 
200
 
207
   
FREEDOM FINANCIAL    3.610%  7/18/24
 
567
 
567
   
GLS AUTO RECEIVABLES 2.670%  4/15/21
 
359
 
358
   
GLS AUTO RECEIVABLES 3.710%  3/15/23
 
535
 
537
   
GLS AUTO RECEIVABLES 4.390%  1/15/21
 
73
 
73
   
GLS AUTO RECEIVABLES 6.900% 10/15/21
 
200
 
206
   
GM FINANCIAL AUTOMOB 2.260%  8/20/20
 
230
 
229
   
GM FINANCIAL AUTOMOB 2.480%  8/20/20
 
294
 
292
   
GOODGREEN TRUST      3.260% 10/15/53
 
679
 
669
   
GOODGREEN TRUST      3.740% 10/15/52
 
214
 
216
   
GOVT NATL MTG ASSN   4.500% 10/16/39
 
1,375
 
1,459
   
GOVT NATL MTG ASSN   5.000%  8/20/39
 
300
 
321
   
HERO FUNDING TRUST   3.080%  9/20/42
 
689
 
675
   
HERO FUNDING TRUST   3.950%  9/20/48
 
818
 
835
   
HERO FUNDING TRUST   4.070%  9/20/48
 
151
 
155
   
HERO FUNDING TRUST   4.460%  9/20/47
 
708
 
734
   
HERO FUNDING TRUST   4.670%  9/20/48
 
1,386
 
1,443
   
HERTZ VEHICLE FINANC 1.000%  6/27/22
 
744
 
750
   
HERTZ VEHICLE FINANC 3.290%  2/25/24
 
386
 
383
   
HILTON GRAND VACATIO 2.660% 12/27/28
 
218
 
216
   
INDEPENDENCE PLAZA   3.763%  7/10/35
 
1,200
 
1,209
   
KABBAGE FUNDING LLC  4.571%  3/15/22
 
1,100
 
1,107
   
KABBAGE FUNDING LLC  5.794%  3/15/22
 
360
 
363
   
LENDMARK FUNDING TRU 2.800%  5/20/26
 
347
 
341
   
LENDMARK FUNDING TRU 2.830%  1/22/24
 
415
 
409
   
LENDMARK FUNDING TRU 5.030% 12/21/26
 
100
 
101
   
MARINER FINANCE ISSU 3.620%  2/20/29
 
615
 
615
   
MARLETTE FUNDING TRU 2.360% 12/15/24
 
160
 
160
   
MARLETTE FUNDING TRU 2.390%  7/15/24
 
112
 
112
   
MARLETTE FUNDING TRU 2.827%  3/15/24
 
105
 
105
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
MARLETTE FUNDING TRU 3.060%  7/17/28
 
415
 
414
   
MARLETTE FUNDING TRU 3.190%  3/15/28
 
863
 
856
   
NEW RESIDENTIAL ADV 2.5751% 10/15/49
 
500
 
497
   
NEW RESIDENTIAL ADV 3.0199% 10/15/49
 
179
 
177
   
NEXTGEAR FLOORPLAN   2.540%  4/18/22
 
462
 
459
   
OCWEN MASTER ADVANC 4.2364%  8/15/49
 
406
 
406
   
OCWEN MASTER ADVANCE 3.748%  8/15/50
 
335
 
336
   
ONEMAIN DIRECT AUTO  3.420% 10/15/24
 
301
 
298
   
OPORTUN FUNDING LLC  3.220% 10/10/23
 
387
 
383
   
OPORTUN FUNDING LLC  3.610%  3/08/24
 
387
 
384
   
PROGRESS RESIDENTIAL 2.740%  6/12/32
 
143
 
141
   
PROGRESS RESIDENTIAL 2.768%  8/17/34
 
199
 
196
   
PROGRESS RESIDENTIAL 3.067% 11/12/32
 
1,046
 
1,037
   
PROGRESS RESIDENTIAL 3.138%  6/12/32
 
820
 
813
   
PROGRESS RESIDENTIAL 3.196% 12/17/34
 
526
 
518
   
PROGRESS RESIDENTIAL 3.595% 12/17/34
 
137
 
136
   
PROGRESS RESIDENTIAL 4.040%  8/17/35
 
410
 
409
   
PROGRESS RESIDENTIAL 4.261%  8/17/34
 
453
 
452
   
PROGRESS RESIDENTIAL 4.656%  8/17/35
 
335
 
333
   
PROGRESS RESIDENTIAL 4.673% 11/12/32
 
100
 
101
   
PROGRESS RESIDENTIAL 4.873% 10/17/35
 
524
 
531
   
PROSPER MARKETPLACE  2.410%  9/15/23
 
25
 
25
   
PROSPER MARKETPLACE  3.740% 11/15/23
 
344
 
342
   
RENEW 2017-1       1.67064%  9/28/52
 
287
 
289
   
RENEW FINANCIAL      3.220%  9/22/53
 
271
 
269
   
RICE PARK FINANCING  4.625% 10/31/41
 
454
 
452
   
SANTANDER DRIVE AUTO 2.580%  5/16/22
 
374
 
372
   
SANTANDER DRIVE AUTO 2.790%  8/15/22
 
1,053
 
1,048
   
SANTANDER DRIVE AUTO 2.930% 12/15/22
 
295
 
293
   
SANTANDER DRIVE AUTO 3.170%  4/17/23
 
596
 
594
   
SANTANDER DRIVE AUTO 3.320%  3/15/24
 
629
 
625
   
SANTANDER RETAIL AUT 3.060%  4/20/22
 
300
 
300
   
SANTANDER RETAIL AUT 3.490%  4/20/22
 
430
 
430
   
SPIRIT MASTER FUNDIN 5.740%  3/20/42
 
1,188
 
1,237
   
SPS SERVICER ADVANCE 3.620% 10/17/50
 
173
 
174
   
TIDEWATER AUTO RECEI 3.120%  7/15/22
 
418
 
417
   
TIDEWATER AUTO RECEI 4.300% 11/15/24
 
165
 
166
   
VENDEE MORTGAGE TRUS 5.000%  5/15/33
 
608
 
652
   
VEROS AUTO RECEIVABL 2.840%  4/17/23
 
106
 
106
   
VNO MORTGAGE TRUST   3.808% 12/13/29
 
500
 
505
   
VR 20 TSQ GROUNDCO 3.20323%  5/15/35
 
1,400
 
1,308
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
VR FANNIEMAE-ACES    2.485% 12/25/26
 
915
 
864
   
VR FANNIEMAE-ACES    2.939%  1/25/26
 
2,752
 
2,708
   
VR FANNIEMAE-ACES    3.061%  5/25/27
 
1,480
 
1,449
   
VR FANNIEMAE-ACES    3.080%  6/25/27
 
822
 
808
   
VR FANNIEMAE-ACES    3.092%  4/25/27
 
3,577
 
3,512
   
VR FANNIEMAE-ACES    3.338% 11/25/22
 
313
 
315
   
VR FED HOME LN MTG   2.805%  2/15/43
 
262
 
262
   
VR FED HOME LN MTG   2.875%  9/15/36
 
53
 
54
   
VR FED NATL MTG AS 4.15721%  4/25/44
 
96
 
100
   
VR FED NATL MTG ASSN 3.056%  9/25/41
 
163
 
164
   
VR FHLMC MULTIFAMI 3.14851%  9/25/22
 
201
 
201
   
VR FHLMC MULTIFAMILY 3.284%  6/25/25
 
1,000
 
1,011
   
VR FHLMC MULTIFAMILY 3.364% 12/25/27
 
680
 
679
   
VR FREMF MORTGAGE   3.8358%  7/25/49
 
220
 
224
   
VR FREMF MORTGAGE  3.55714%  6/25/45
 
800
 
769
   
VR FREMF MORTGAGE  3.57548% 11/25/49
 
180
 
173
   
VR FREMF MORTGAGE  3.68285%  1/25/48
 
1,200
 
1,169
   
VR FREMF MORTGAGE  4.07191% 11/25/47
 
191
 
186
   
VR GMAT TRUST       6.9669% 11/25/43
 
18
 
18
   
VR GOODGREEN TRUS 23.87741% 10/15/53
 
676
 
688
   
VR GOVT NATL MTG     4.741% 10/20/43
 
983
 
1,053
   
VR GOVT NATL MTG     5.238%  5/20/40
 
1,034
 
1,118
   
VR GOVT NATL MTG     5.479%  1/20/38
 
746
 
818
   
VR GOVT NATL MTG     5.558% 10/20/40
 
1,296
 
1,413
   
VR GOVT NATL MTG AS  2.714%  6/20/65
 
1,684
 
1,687
   
VR GOVT NATL MTG AS  2.754%  7/20/65
 
866
 
868
   
VR GOVT NATL MTG AS  2.764%  2/20/61
 
1,079
 
1,080
   
VR GOVT NATL MTG AS  2.814%  6/20/67
 
659
 
661
   
VR GOVT NATL MTG AS  2.834%  3/20/67
 
692
 
697
   
VR GOVT NATL MTG AS  2.834%  9/20/65
 
1,187
 
1,193
   
VR GOVT NATL MTG AS  2.834% 10/20/65
 
828
 
833
   
VR GOVT NATL MTG AS  2.894%  5/20/66
 
685
 
687
   
VR GOVT NATL MTG AS  2.914% 11/20/65
 
1,604
 
1,617
   
VR GOVT NATL MTG AS  2.974% 12/20/65
 
489
 
494
   
VR GOVT NATL MTG AS  3.144%  8/20/66
 
521
 
528
   
VR GOVT NATL MTG AS  3.274% 12/20/66
 
226
 
231
   
VR VERICREST OPPOR   3.250%  4/25/59
 
80
 
79
   
VR VERICREST OPPORT 4.1147%  9/25/48
 
370
 
370
*
 
WELLS FARGO COMMERCI 2.819%  8/15/50
 
623
 
622
   
WESTGATE RESORTS     3.050% 12/20/30
 
215
 
214
   
WESTGATE RESORTS     3.580% 12/20/31
 
566
 
564
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
WESTLAKE AUTOMOBILE  2.460%  1/18/22
 
431
 
429
   
WESTLAKE AUTOMOBILE  2.590% 12/15/22
 
515
 
511
   
WESTLAKE AUTOMOBILE  2.700% 10/17/22
 
270
 
269
   
WESTLAKE AUTOMOBILE  3.460% 10/17/22
 
325
 
324
   
WESTLAKE AUTOMOBILE  3.610% 10/16/23
 
764
 
764
   
WESTLAKE AUTOMOBILE  4.100%  6/15/21
 
70
 
70
   
WORLD OMNI AUTOMOBIL 2.320%  8/15/22
 
184
 
183
   
WORLD OMNI AUTOMOBIL 2.480%  8/15/22
 
412
 
408
   
Total Asset-Backed Securities
     
114,734
             
   
Foreign Sovereign Debt
       
   
REPUBLIC OF COLOMBIA 4.500%  1/28/26
 
200
 
200
   
UNITED MEXICAN STATE 3.750%  1/11/28
 
392
 
367
   
UNITED MEXICAN STATE 4.125%  1/21/26
 
270
 
264
   
UNITED MEXICAN STATE 4.350%  1/15/47
 
35
 
30
   
Total Foreign Sovereign Debt
     
861
             
   
Municipal Bonds
       
   
OHIO ST UNIV         4.048% 12/01/56
 
81
 
80
             
   
Private Placement Bonds
       
   
P/P ABN AMRO BANK NV 4.750%  7/28/25
 
250
 
249
   
P/P AIB GROUP PLC    4.750% 10/12/23
 
290
 
287
   
P/P AIR CANADA 2013- 4.125% 11/15/26
 
739
 
732
   
P/P AIR CANADA 2015- 3.600%  3/15/27
 
561
 
540
   
P/P AIR CANADA 2017- 3.300%  1/15/30
 
75
 
72
   
P/P AIR CANADA 2017- 3.550%  1/15/30
 
256
 
245
   
P/P AIRBUS SE        3.150%  4/10/27
 
164
 
158
   
P/P ANGLO AMERICAN   4.000%  9/11/27
 
200
 
181
   
P/P ANHEUSER-BUSCH   3.650%  2/01/26
 
410
 
388
   
P/P ANHEUSER-BUSCH   4.700%  2/01/36
 
448
 
415
   
P/P ANZ NEW ZEALAND  2.750%  1/22/21
 
300
 
297
   
P/P ANZ NEW ZEALAND  2.850%  8/06/20
 
250
 
248
   
P/P APT PIPELINES LT 4.200%  3/23/25
 
170
 
166
   
P/P APT PIPELINES LT 4.250%  7/15/27
 
102
 
99
   
P/P ATHENE GLOBAL FU 2.750%  4/20/20
 
127
 
126
   
P/P ATHENE GLOBAL FU 4.000%  1/25/22
 
103
 
104
   
P/P AUSGRID FINANCE  3.850%  5/01/23
 
200
 
200
   
P/P AVIATION CAPITAL 3.500% 11/01/27
 
60
 
54
   
P/P BAE SYSTEMS HOLD 3.800% 10/07/24
 
130
 
130
   
P/P BANQUE FED CRED  2.000%  4/12/19
 
200
 
199
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
P/P BMW US CAPITAL   2.250%  9/15/23
 
72
 
67
   
P/P BNP PARIBAS      3.500%  3/01/23
 
220
 
213
   
P/P BOC AVIATION LTD 2.375%  9/15/21
 
200
 
193
   
P/P BOC AVIATION LTD 2.750%  9/18/22
 
200
 
192
   
P/P BPCE SA          4.625%  7/11/24
 
200
 
197
   
P/P BRAMBLES USA INC 5.350%  4/01/20
 
150
 
153
   
P/P BRITISH AIR 18-1 3.800%  9/20/31
 
119
 
117
   
P/P BRITISH AIR 18-1 4.125%  9/20/31
 
309
 
305
   
P/P BROOKLYN UNION   4.273%  3/15/48
 
100
 
99
   
P/P CADILLAC FAIRVIE 3.875%  3/20/27
 
201
 
200
   
P/P CANADIAN IMPERIA 2.250%  7/21/20
 
200
 
198
   
P/P CARGILL INC      3.250%  3/01/23
 
25
 
25
   
P/P CHEVRON PHILLIPS 3.400% 12/01/26
 
100
 
97
   
P/P CK HUTCHISON INT 1.875% 10/03/21
 
200
 
192
   
P/P CLEVELAND ELECTR 3.500%  4/01/28
 
95
 
91
   
P/P COMMONWEALTH BAN 2.500%  9/18/22
 
140
 
135
   
P/P COMMONWEALTH BAN 2.850%  5/18/26
 
110
 
103
   
P/P COMMONWEALTH BAN 3.450%  3/16/23
 
110
 
110
   
P/P COMMONWEALTH BAN 4.500% 12/09/25
 
200
 
196
   
P/P COOPERATIEVE RAB 3.875%  9/26/23
 
250
 
251
   
P/P COX COMMUNICATIO 4.800%  2/01/35
 
120
 
109
   
P/P CREDIT AGRICOLE  3.250% 10/04/24
 
250
 
234
   
P/P CREDIT SUISSE GR 3.574%  1/09/23
 
598
 
583
   
P/P CRH AMERICA FINA 3.400%  5/09/27
 
200
 
184
   
P/P CVS PASS-THROUGH 4.163%  8/10/36
 
260
 
246
   
P/P CVS PASS-THROUGH 4.704%  1/10/36
 
111
 
109
   
P/P CVS PASS-THROUGH 5.773%  1/10/33
 
77
 
81
   
P/P CVS PASS-THROUGH 5.926%  1/10/34
 
81
 
87
   
P/P DAIWA SECURITIES 3.129%  4/19/22
 
64
 
63
   
P/P DIAMOND 1 FIN/DI 6.020%  6/15/26
 
200
 
201
   
P/P DUQUESNE LIGHT   3.616%  8/01/27
 
230
 
217
   
P/P ENEL FINANCE INT 3.625%  5/25/27
 
220
 
194
   
P/P ENEL FINANCE INT 4.625%  9/14/25
 
200
 
192
   
P/P ENI SPA          4.000%  9/12/23
 
200
 
197
   
P/P ERAC USA FINANCE 2.600% 12/01/21
 
100
 
97
   
P/P ERAC USA FINANCE 3.850% 11/15/24
 
150
 
149
   
P/P GAIF BOND ISSUER 3.400%  9/30/26
 
95
 
90
   
P/P GLENCORE FUNDING 4.625%  4/29/24
 
70
 
69
   
P/P GOODMAN US FIN   3.700%  3/15/28
 
86
 
82
   
P/P GREAT-WEST LIFEC 4.150%  6/03/47
 
370
 
345
   
P/P GREAT-WEST LIFEC 4.581%  5/17/48
 
130
 
131
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
P/P GTP ACQUISITION  3.482%  6/16/25
 
190
 
188
   
P/P HYUNDAI CAPITAL  2.000%  7/01/19
 
30
 
30
   
P/P INTESA SANPAOLO  3.875%  7/14/27
 
200
 
172
   
P/P JACKSON NATL LIF 3.050%  4/29/26
 
55
 
52
   
P/P JACKSON NATL LIF 3.875%  6/11/25
 
324
 
326
   
P/P JERSEY CENTRAL   4.300%  1/15/26
 
50
 
50
   
P/P KEYSPAN GAS EAST 2.742%  8/15/26
 
200
 
186
   
P/P LIBERTY MUTUAL   6.500%  3/15/35
 
130
 
151
   
P/P LIBERTY MUTUAL   7.000%  3/15/34
 
50
 
61
   
P/P MACQUARIE BANK   2.850%  7/29/20
 
300
 
297
   
P/P MACQUARIE BANK   4.000%  7/29/25
 
300
 
299
   
P/P MACQUARIE GROUP  6.000%  1/14/20
 
130
 
134
*
 
P/P MET LIFE GLOB FU 3.000%  9/19/27
 
180
 
169
   
P/P MEXICO CITY ARPT 4.250% 10/31/26
 
200
 
178
   
P/P MEXICO CITY ARPT 5.500%  7/31/47
 
207
 
182
   
P/P MID-ATLANTIC INT 4.100%  5/15/28
 
50
 
50
   
P/P MITSUBISHI UFJ   2.450% 10/16/19
 
200
 
199
   
P/P MITSUBISHI UFJ   2.650% 10/19/20
 
200
 
198
   
P/P MITSUBISHI UFJ   2.652%  9/19/22
 
200
 
191
   
P/P MIZUHO FINANCIAL 2.632%  4/12/21
 
200
 
196
   
P/P MYLAN INC        3.125%  1/15/23
 
100
 
94
   
P/P NEW ENGLAND POWE 3.800% 12/05/47
 
50
 
46
   
P/P NEW YORK LIFE GL 2.000%  4/13/21
 
35
 
34
   
P/P NEW YORK LIFE GL 2.350%  7/14/26
 
111
 
102
   
P/P NEW YORK LIFE GL 3.000%  1/10/28
 
81
 
77
   
P/P NISSAN MOTOR ACC 1.900%  9/14/21
 
39
 
37
   
P/P NISSAN MOTOR ACC 2.550%  3/08/21
 
100
 
97
   
P/P NISSAN MOTOR ACC 3.150%  3/15/21
 
50
 
49
   
P/P NORDEA BANK AB   2.500%  9/17/20
 
350
 
345
   
P/P NORDEA BANK AB   4.875%  1/27/20
 
100
 
102
   
P/P NY STATE ELECTRI 3.250% 12/01/26
 
87
 
84
   
P/P PARKER-HANNIFIN  4.100%  3/01/47
 
42
 
40
   
P/P PENNSYLVANIA ELE 3.250%  3/15/28
 
26
 
24
   
P/P PENSKE TRUCK LEA 4.125%  8/01/23
 
350
 
349
   
P/P PRICOA GLOBAL FU 2.550% 11/24/20
 
150
 
148
   
P/P PRINCIPAL LFE GL 2.625% 11/19/20
 
114
 
113
   
P/P PROTECTIVE LIFE  2.700% 11/25/20
 
200
 
198
   
P/P PRUDENTIAL INSUR 8.300%  7/01/25
 
300
 
370
   
P/P RELIANCE STAND   2.500%  1/15/20
 
40
 
40
   
P/P RELIANCE STAND   3.050%  1/20/21
 
75
 
74
   
P/P RELIANCE STAND   3.850%  9/19/23
 
155
 
156
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
P/P SANTANDER UK GRO 4.750%  9/15/25
 
200
 
188
   
P/P SCENTRE GROUP TR 3.500%  2/12/25
 
200
 
194
   
P/P SCHLUMBERGER HLD 3.625% 12/21/22
 
209
 
208
   
P/P SES SA           3.600%  4/04/23
 
50
 
49
   
P/P SIEMENS FINANCIE 2.900%  5/27/22
 
250
 
245
   
P/P SOCIETE GENERALE 4.250%  9/14/23
 
200
 
199
   
P/P SOUTHERN NATURAL 4.800%  3/15/47
 
35
 
33
   
P/P SPRINT SPECTRUM  3.360%  3/20/23
 
204
 
202
   
P/P STANDARD CHARTER 3.050%  1/15/21
 
250
 
246
   
P/P SUMITOMO MITSUI  2.050% 10/18/19
 
200
 
198
   
P/P SWEDBANK AB      2.200%  3/04/20
 
200
 
198
   
P/P TEACHERS INSUR   4.270%  5/15/47
 
70
 
67
   
P/P TEACHERS INSUR   4.900%  9/15/44
 
40
 
41
   
P/P TEXAS EASTERN TR 3.500%  1/15/28
 
33
 
31
   
P/P UBS GROUP FUNDIN 3.491%  5/23/23
 
200
 
195
   
P/P UNITED OVERSEAS  3.200%  4/23/21
 
200
 
200
   
VR P/P CREDIT SUISSE 4.207%  6/12/24
 
250
 
249
   
VR P/P DIA-ICHI LIFE 4.000% 12/29/49
 
200
 
185
   
VR P/P MACQUARIE GRO 3.763% 11/28/28
 
175
 
160
   
VR P/P MACQUARIE GRO 5.033%  1/15/30
 
200
 
197
   
VR P/P PACIFIC LIFE  4.300% 10/24/67
 
64
 
56
   
VR P/P STANDARD CHAR 4.247%  1/20/23
 
200
 
198
   
Total Private Placement Bonds
     
21,111
             
   
Total Other Investments
     
136,786
             
   
Total Investments, at Fair Value
     
4,414,699
             
   
Fully Benefit Responsive Investment Contracts
       
   
U.S. Government and Agency Obligations
       
   
FEDERAL HOME LOAN BANKS 1.875% 11/29/2021
 
12,800
 
12,574
   
FFCB 1.23% 9/25/2020
 
39,665
 
39,625
   
FGOLD  15YR 3.5% 10/01/2020
 
2
 
2
   
FGOLD  15YR 3.5% 10/01/2025
 
7
 
7
   
FGOLD  15YR 3.5% 9/01/2025
 
50
 
51
   
FGOLD  15YR 4% 7/01/2025
 
662
 
679
   
FGOLD 15YR 3% 1/01/2027
 
2,278
 
2,286
   
FGOLD 15YR 3% 1/01/2032
 
945
 
941
   
FGOLD 15YR 3% 1/01/2033
 
767
 
765
   
FGOLD 15YR 3% 11/01/2025
 
493
 
494
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
FGOLD 15YR 3% 11/01/2026
 
398
 
399
   
FGOLD 15YR 3% 3/01/2027
 
1,964
 
1,972
   
FGOLD 15YR 3% 3/01/2033
 
1,452
 
1,447
   
FGOLD 15YR 3.5% 1/01/2021
 
205
 
207
   
FGOLD 15YR 3.5% 10/01/2025
 
1,344
 
1,361
   
FGOLD 15YR 3.5% 11/01/2025
 
71
 
72
   
FGOLD 15YR 3.5% 12/01/2025
 
787
 
798
   
FGOLD 15YR 3.5% 4/01/2021
 
47
 
47
   
FGOLD 15YR 3.5% 5/01/2026
 
35
 
36
   
FGOLD 15YR 3.5% 5/01/2032
 
2,356
 
2,386
   
FGOLD 15YR 3.5% 6/01/2026
 
678
 
686
   
FGOLD 15YR 3.5% 7/01/2026
 
1,058
 
1,070
   
FGOLD 15YR 3.5% 8/01/2026
 
646
 
654
   
FGOLD 15YR 4% 10/01/2025
 
21
 
22
   
FGOLD 15YR 4% 3/01/2026
 
73
 
75
   
FGOLD 15YR 4% 5/01/2026
 
249
 
256
   
FGOLD 15YR 4% 6/01/2024
 
138
 
142
   
FGOLD 15YR 4% 6/01/2025
 
25
 
26
   
FGOLD 15YR 4% 6/01/2026
 
1,593
 
1,634
   
FGOLD 15YR GIANT 3% 1/01/2027
 
597
 
600
   
FGOLD 15YR GIANT 3% 3/01/2031
 
1,422
 
1,417
   
FGOLD 15YR GIANT 3% 3/01/2032
 
1,780
 
1,774
   
FGOLD 15YR GIANT 3% 6/01/2027
 
562
 
564
   
FGOLD 15YR GIANT 3% 9/01/2030
 
852
 
850
   
FGOLD 15YR GIANT 3% 9/01/2031
 
801
 
799
   
FGOLD 15YR GIANT 3.5% 1/01/2027
 
701
 
710
   
FGOLD 15YR GIANT 3.5% 1/01/2030
 
230
 
234
   
FGOLD 15YR GIANT 3.5% 10/01/2029
 
40
 
40
   
FGOLD 15YR GIANT 3.5% 11/01/2025
 
197
 
199
   
FGOLD 15YR GIANT 3.5% 11/01/2029
 
572
 
581
   
FGOLD 15YR GIANT 3.5% 11/01/2033
 
955
 
968
   
FGOLD 15YR GIANT 3.5% 12/01/2033
 
1,140
 
1,155
   
FGOLD 15YR GIANT 3.5% 3/01/2030
 
235
 
238
   
FGOLD 15YR GIANT 3.5% 4/01/2029
 
219
 
222
   
FGOLD 15YR GIANT 3.5% 4/01/2030
 
471
 
478
   
FGOLD 15YR GIANT 3.5% 5/01/2033
 
3,580
 
3,639
   
FGOLD 15YR GIANT 3.5% 6/01/2029
 
326
 
331
   
FGOLD 15YR GIANT 3.5% 7/01/2021
 
5
 
5
   
FGOLD 15YR GIANT 3.5% 7/01/2029
 
872
 
885
   
FGOLD 15YR GIANT 3.5% 8/01/2026
 
54
 
55
   
FGOLD 15YR GIANT 3.5% 8/01/2029
 
1,336
 
1,356
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
FGOLD 15YR GIANT 3.5% 8/01/2032
 
2,807
 
2,848
   
FGOLD 15YR GIANT 3.5% 9/01/2025
 
219
 
222
   
FGOLD 15YR GIANT 4% 10/01/2025
 
68
 
69
   
FGOLD 15YR GIANT 4% 11/01/2033
 
2,213
 
2,265
   
FGOLD 15YR GIANT 4% 5/01/2026
 
297
 
304
   
FGOLD 15YR GIANT 4% 6/01/2026
 
473
 
485
   
FHLB 1.375% 11/15/2019
 
2,650
 
2,620
   
FHLB 1.375% 9/28/2020
 
5,700
 
5,585
   
FHLMC 2.375% 1/13/2022
 
475
 
473
   
FHLMC 5/1 HYBRID ARM 4.583% 12/01/2036
 
139
 
145
   
FHLMC REFERENCE BOND 1.5% 1/17/2020
 
21,345
 
21,107
   
FHLMC REFERENCE NOTES 1.375% 5/01/2020
 
33,275
 
32,761
   
FHLMC_11-K014 3.871% 4/25/2021
 
1,248
 
1,270
   
FHLMC_K007 4.224% 3/25/2020
 
1,262
 
1,278
   
FHLMC_K009 3.808% 8/25/2020
 
1,900
 
1,918
   
FHLMC_K714 3.034% 10/25/2020
 
849
 
848
   
FNMA  15YR 3.5% 1/01/2026
 
562
 
569
   
FNMA  15YR 3.5% 10/01/2025
 
322
 
326
   
FNMA  15YR 3.5% 11/01/2025
 
1,727
 
1,748
   
FNMA  15YR 3.5% 12/01/2025
 
357
 
362
   
FNMA  15YR 3.5% 12/01/2026
 
13
 
14
   
FNMA  15YR 3.5% 2/01/2026
 
525
 
532
   
FNMA  15YR 3.5% 3/01/2026
 
181
 
183
   
FNMA  15YR 3.5% 8/01/2026
 
231
 
234
   
FNMA  15YR 3.5% 9/01/2025
 
45
 
46
   
FNMA  15YR 4% 1/01/2025
 
28
 
29
   
FNMA  15YR 4% 4/01/2025
 
415
 
426
   
FNMA  15YR 4% 5/01/2025
 
246
 
252
   
FNMA  15YR 4% 9/01/2024
 
298
 
305
   
FNMA  15YR 4% 9/01/2025
 
15
 
15
   
FNMA  15YR 4.5% 1/01/2025
 
3
 
3
   
FNMA  15YR 4.5% 3/01/2023
 
28
 
29
   
FNMA  15YR 4.5% 7/01/2023
 
21
 
22
   
FNMA  15YR 5% 1/01/2019
 
1
 
1
   
FNMA  15YR 5% 10/01/2024
 
161
 
165
   
FNMA  15YR 5% 3/01/2023
 
21
 
22
   
FNMA  15YR 5.5% 8/01/2023
 
24
 
24
   
FNMA  15YR 6% 4/01/2023
 
110
 
113
   
FNMA 10/1 HYBRID ARM 4.249% 10/01/2034
 
12
 
13
   
FNMA 10/1 HYBRID ARM 4.84% 12/01/2033
 
5
 
5
   
FNMA 15YR 3% 1/01/2032
 
1,548
 
1,545
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
FNMA 15YR 3% 10/01/2030
 
7,002
 
7,002
   
FNMA 15YR 3% 11/01/2030
 
1,646
 
1,647
   
FNMA 15YR 3% 11/01/2031
 
2,132
 
2,128
   
FNMA 15YR 3% 2/01/2030
 
1,422
 
1,423
   
FNMA 15YR 3% 2/01/2031
 
6,149
 
6,137
   
FNMA 15YR 3% 2/01/2032
 
1,507
 
1,505
   
FNMA 15YR 3% 3/01/2031
 
1,009
 
1,007
   
FNMA 15YR 3% 3/01/2032
 
787
 
786
   
FNMA 15YR 3% 4/01/2031
 
972
 
970
   
FNMA 15YR 3% 4/01/2032
 
854
 
853
   
FNMA 15YR 3% 5/01/2031
 
2,663
 
2,659
   
FNMA 15YR 3% 7/01/2027
 
271
 
272
   
FNMA 15YR 3% 7/01/2030
 
413
 
413
   
FNMA 15YR 3% 7/01/2032
 
2,197
 
2,194
   
FNMA 15YR 3% 8/01/2031
 
1,057
 
1,055
   
FNMA 15YR 3% 9/01/2029
 
1,490
 
1,491
   
FNMA 15YR 3% 9/01/2031
 
1,901
 
1,898
   
FNMA 15YR 3% 9/01/2032
 
2,007
 
2,004
   
FNMA 15YR 3.5% 1/01/2026
 
354
 
358
   
FNMA 15YR 3.5% 1/01/2027
 
1,115
 
1,129
   
FNMA 15YR 3.5% 1/01/2030
 
1,824
 
1,847
   
FNMA 15YR 3.5% 10/01/2026
 
1,751
 
1,772
   
FNMA 15YR 3.5% 10/01/2028
 
417
 
424
   
FNMA 15YR 3.5% 10/01/2029
 
114
 
116
   
FNMA 15YR 3.5% 11/01/2027
 
32
 
32
   
FNMA 15YR 3.5% 11/01/2028
 
503
 
512
   
FNMA 15YR 3.5% 11/01/2029
 
435
 
440
   
FNMA 15YR 3.5% 12/01/2025
 
424
 
430
   
FNMA 15YR 3.5% 12/01/2026
 
453
 
459
   
FNMA 15YR 3.5% 12/01/2028
 
210
 
214
   
FNMA 15YR 3.5% 12/01/2029
 
1,746
 
1,770
   
FNMA 15YR 3.5% 12/01/2032
 
1,506
 
1,524
   
FNMA 15YR 3.5% 2/01/2026
 
272
 
276
   
FNMA 15YR 3.5% 2/01/2027
 
82
 
83
   
FNMA 15YR 3.5% 2/01/2028
 
8
 
8
   
FNMA 15YR 3.5% 2/01/2029
 
1,265
 
1,283
   
FNMA 15YR 3.5% 2/01/2031
 
1,511
 
1,532
   
FNMA 15YR 3.5% 2/01/2032
 
3,505
 
3,554
   
FNMA 15YR 3.5% 3/01/2032
 
3,349
 
3,391
   
FNMA 15YR 3.5% 3/01/2033
 
2,554
 
2,585
   
FNMA 15YR 3.5% 4/01/2026
 
484
 
490
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
FNMA 15YR 3.5% 4/01/2030
 
697
 
707
   
FNMA 15YR 3.5% 4/01/2033
 
673
 
681
   
FNMA 15YR 3.5% 5/01/2027
 
263
 
267
   
FNMA 15YR 3.5% 5/01/2029
 
319
 
323
   
FNMA 15YR 3.5% 6/01/2027
 
1,660
 
1,680
   
FNMA 15YR 3.5% 6/01/2029
 
412
 
418
   
FNMA 15YR 3.5% 6/01/2030
 
773
 
786
   
FNMA 15YR 3.5% 6/01/2032
 
1,334
 
1,351
   
FNMA 15YR 3.5% 7/01/2029
 
2,559
 
2,595
   
FNMA 15YR 3.5% 7/01/2032
 
1,266
 
1,281
   
FNMA 15YR 3.5% 8/01/2026
 
214
 
217
   
FNMA 15YR 3.5% 8/01/2027
 
298
 
302
   
FNMA 15YR 3.5% 8/01/2029
 
1,622
 
1,645
   
FNMA 15YR 3.5% 8/01/2032
 
2,937
 
2,974
   
FNMA 15YR 3.5% 9/01/2026
 
1,754
 
1,776
   
FNMA 15YR 3.5% 9/01/2028
 
1,251
 
1,266
   
FNMA 15YR 3.5% 9/01/2029
 
2,139
 
2,168
   
FNMA 15YR 4% 1/01/2029
 
892
 
912
   
FNMA 15YR 4% 11/01/2026
 
252
 
258
   
FNMA 15YR 4% 5/01/2027
 
12
 
13
   
FNMA 15YR 4.5% 5/01/2024
 
149
 
153
   
FNMA 15YR 4.5% 6/01/2026
 
89
 
92
   
FNMA 15YR 5% 3/01/2023
 
4
 
4
   
FNMA 15YR 5.5% 4/01/2021
 
37
 
38
   
FNMA 2.5% 4/13/2021
 
4,075
 
4,069
   
FNMA 6M LIBOR ARM 3.915% 11/01/2032
 
31
 
32
   
FNMA 6M LIBOR ARM 4.011% 3/01/2034
 
114
 
117
   
FNMA 6M LIBOR ARM 4.018% 4/01/2035
 
87
 
90
   
FNMA 6M LIBOR ARM 4.13% 12/01/2032
 
124
 
130
   
FNMA 6M LIBOR ARM 4.342% 9/01/2035
 
253
 
258
   
FNMA 7/1 HYBRID ARM 4.533% 1/01/2036
 
19
 
20
   
FNMA 7/1 HYBRID ARM 4.587% 1/01/2034
 
57
 
59
   
FNMA 7/1 HYBRID ARM 4.62% 3/01/2036
 
34
 
36
   
FNMA_03-W11 5.63136% 6/25/2033
 
1
 
1
   
FNMA_11-55 3% 7/25/2025
 
285
 
285
   
FNMA_12-31 1.75% 10/25/2022
 
891
 
878
   
GNMA_12-142 1.105% 5/16/2037
 
864
 
838
   
GNMA_12-86 1.55817% 4/16/2040
 
5
 
5
   
GNMA_13-12 1.41% 10/16/2042
 
545
 
520
   
GNMA_13-126 1.54% 4/16/2038
 
498
 
482
   
GNMA_13-146 2% 8/16/2040
 
598
 
581
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
GNMA_13-17 1.55835% 10/16/2043
 
661
 
630
   
GNMA_13-179 1.8% 7/16/2037
 
428
 
415
   
GNMA_13-194 2.25% 5/16/2038
 
409
 
400
   
GNMA_13-2 1.6% 12/16/2042
 
400
 
389
   
GNMA_13-30 1.5% 5/16/2042
 
1,165
 
1,111
   
GNMA_13-32 1.9% 1/16/2042
 
1,201
 
1,151
   
GNMA_13-33 1.061% 7/16/2038
 
1,167
 
1,094
   
GNMA_13-35 1.618% 2/16/2040
 
1,793
 
1,715
   
GNMA_13-52 1.15% 6/16/2038
 
1,060
 
1,003
   
GNMA_13-57 1.35% 6/16/2037
 
1,333
 
1,279
   
GNMA_13-73 1.35% 1/16/2039
 
1,327
 
1,252
   
GNMA_13-78 1.62443% 7/16/2039
 
389
 
372
   
GNMA_14-103 1.742% 6/16/2053
 
1,659
 
1,613
   
GNMA_14-109 2.325% 1/16/2046
 
1,100
 
1,080
   
GNMA_14-135 2.4% 8/16/2045
 
1,114
 
1,090
   
GNMA_14-47 2.25% 8/16/2040
 
49
 
49
   
GNMA_14-64 2.2% 11/16/2046
 
981
 
961
   
GNMA_14-86 2.65% 11/16/2040
 
948
 
938
   
GNMA_15-109 2.5279% 2/16/2040
 
878
 
862
   
GNMA_15-2 2.1% 12/16/2044
 
1,142
 
1,113
   
GNMA_15-21 2.6% 11/16/2042
 
828
 
818
   
GNMA_15-5 2.5% 11/16/2039
 
1,798
 
1,769
   
GNMA_15-78 2.9179% 6/16/2040
 
704
 
696
   
GNMA_16-39 2.3% 1/16/2043
 
1,646
 
1,596
   
TREASURY NOTE 1.25% 10/31/2021
 
63,975
 
61,846
   
TREASURY NOTE 2.625% 11/15/2020
 
26,800
 
26,848
   
US TII .125 04/15/2022 (T 0.125% 4/15/2022
 
11,375
 
11,447
   
Total U.S. Government and Agency Obligations
     
382,513
             
   
Common/Collective Trusts
       
*
 
COLUMBIA TRUST DECL DURATION GOVT BOND FUND
 
5,993
 
63,161
*
 
COLUMBIA TRUST GOV MONEY MKT FUND
 
4,691
 
4,691
   
Total Common/Collective Trusts
     
67,852
             
   
Pooled Separate Accounts
       
*
 
MET LIFE SEPARATE ACCOUNT CONTRACT
 
628
 
66,795
 
*   Indicates party-in-interest
 
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets (Held At End of Year)
 as of December 31, 2018
 
(a)   (b) Identity of Issuer, Borrower, Lessor, or Similar Party     
(c) Number of Shares/ Units or Face Amount (in thousands)
   
(d) Current Value (in thousands)
             
   
Wrapper Contracts
       
*
 
JP MORGAN CHASE I - #AISP01, MATURES 12/31/50, 4.24%
     
41
   
LINCOLN NATIONAL LIFE
     
7
   
MONUMENT LIFE V - #MDS00375TR, MATURES 12/31/50, 4.08%
     
17
   
Total Wrapper Contracts
     
65
             
   
Total Fully Benefit Responsive Investment Contracts, at Fair Value
     
517,225
             
   
Adjustment from Fair Value to Contract Value
       
*
 
JP MORGAN CHASE I - #AISP01, MATURES 12/31/50, 4.24%
     
1,389
   
LINCOLN NATIONAL LIFE
     
670
*
 
MET LIFE - #28972, MATURES 12/31/50, 3.98%
     
645
*
 
MET LIFE (SA)- #32745
     
478
   
MONUMENT LIFE V - #MDS00375TR, MATURES 12/31/50, 4.08%
     
1,563
   
PACIFIC LIFE - # 26755, MATURES 12/31/50, 4.00%
     
743
   
PRUDENTIAL GA63690
     
343
   
RBC I - #10903, MATURES 12/31/50, 4.02%
     
700
   
Total Adjustments
     
6,531
             
   
Total Fully Benefit Responsive Investment Contracts, at Contract Value
     
523,756
             
   
          TOTAL INVESTMENTS
     
4,938,455
             
   
Loans to Participants
       
*
 
Various Loans - 3.25% through 9.50% due through March 2049
     
81,802
   
Loans to Participants Total
     
81,802
 
 
*   Indicates party-in-interest
 
EIN 13-4922250
Plan #: 002

AMERICAN EXPRESS RETIREMENT SAVINGS PLAN
Schedule H, Line 4i – Schedule of Assets ( Acquired and Disposed of Within Year)
 For the Year Ended December 31, 2018
 
(a) Identity of Issuer, Borrower, Lessor, or Similar Party   (b) Number of Shares/Units or Face Amount (in thousands)   (c) Proceeds of dispositions (in thousands)
         
CORPORATE DEBT INSTRUMENTS
       
ABB FINANCE USA INC  3.800%  4/03/28
 
75
 
76
ANHEUSER-BUSCH INBEV 4.000%  4/13/28
 
110
 
110
ANHEUSER-BUSCH INBEV 4.600%  4/15/48
 
50
 
45
CENTERPOINT ENERGY   3.550%  4/01/23
 
45
 
45
CITIZENS BANK NA/RI  3.700%  3/29/23
 
250
 
249
ESSEX PORTFOLIO LP   4.500%  3/15/48
 
45
 
44
GENERAL MILLS INC    4.550%  4/17/38
 
20
 
20
HARTFORD FINL SVCS   4.400%  3/15/48
 
90
 
92
INGERSOLL-RAND GL HL 3.750%  8/21/28
 
100
 
96
MCDONALD'S CORP      3.350%  4/01/23
 
45
 
45
MCDONALD'S CORP      4.450%  3/01/47
 
35
 
35
MCKESSON CORP        3.950%  2/16/28
 
27
 
26
MPLX LP              4.000%  3/15/28
 
78
 
76
NUTRIEN LTD          3.000%  4/01/25
 
150
 
138
STRYKER CORP         3.650%  3/07/28
 
60
 
59
VALERO ENERGY PARTNE 4.500%  3/15/28
 
55
 
54
WELLTOWER INC        4.250%  4/15/28
 
65
 
63
WESTPAC BANKING CORP 3.400%  1/25/28
 
110
 
105
         
PRIVATE PLACEMENT BONDS
       
P/P AT&T INC         4.900%  8/15/37
 
324
 
323
P/P COMMONWEALTH BAN 3.900%  3/16/28
 
110
 
108
P/P NVENT FINANCE SA 4.550%  4/15/28
 
98
 
98
P/P PETROLEOS MEXICA 5.350%  2/12/28
 
71
 
71
P/P PETROLEOS MEXICA 6.500%  1/23/29
 
88
 
88
P/P TENCENT HOLDINGS 3.595%  1/19/28   200   185
VR P/P MACQUARIE GRO 4.654%  3/27/29
 
100
 
99
 
 
 
 
 
 
 
 
 
SIGNATURE

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the Employee Benefits Administration Committee has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

   
AMERICAN EXPRESS RETIREMENT
SAVINGS PLAN
   
       
Date: June 20, 2019
 
By
/s/ Rita Pang
     
Rita Pang
     
Employee Benefits Administration Committee

 
 
 
 
 

 
EXHIBIT INDEX

Exhibit
Number
 
Description
 
How Filed
 
23
 
Electronically filed herewith

 
 
 
 
 
 
 
E-1
American Express (NYSE:AXP)
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