Table of Contents

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISISION

WASHINGTON, DC 20549

 

 

FORM 11-K

 

 

 

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

FOR THE FISCAL YEAR ENDED DECEMBER 31, 2016

OR

 

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

For the transition period from                      to                     

COMMISSION FILE NUMBER 1-14756

 

 

 

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

AMEREN CORPORATION

SAVINGS INVESTMENT PLAN

 

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

Ameren Corporation

1901 Chouteau Avenue

St. Louis, Missouri 63103

 

 

 


Table of Contents

Ameren Corporation

Savings Investment Plan

Financial Statements and Supplemental Schedule

December 31, 2016 and 2015

 


Table of Contents

Ameren Corporation

Savings Investment Plan

Index

 

Report of Independent Registered Public Accounting Firm

December 31, 2016 and 2015

     1  

Financial Statements

  

Statements of Net Assets Available for Benefits

December 31, 2016 and 2015

     2  

Statements of Changes in Net Assets Available for Benefits

Years Ended December 31, 2016 and 2015

     3  

Notes to Financial Statements

December 31, 2016 and 2015

     4-15  

Supplemental Schedule*

  

Schedule H, Line 4i—Schedule of Assets (Held at End of Year)

December 31, 2016

     1-10  

 

* Other schedules required by 29 CFR 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, have been omitted because they are not applicable.


Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Participants and Administrator of the

Ameren Corporation Savings Investment Plan

St. Louis, Missouri

We have audited the accompanying statements of net assets available for benefits of the Ameren Corporation Savings Investment Plan as of December 31, 2016 and 2015 and the related statements of changes in net assets available for benefits for the years then ended. These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, the financial statements referred to above present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2016 and 2015 and the changes in net assets available for benefits for the years then ended in conformity with U.S. generally accepted accounting principles.

The supplemental Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2016 has been subjected to audit procedures performed in conjunction with the audit of the Ameren Corporation Savings Investment Plan’s financial statements. The supplemental schedule is the responsibility of the Plan’s management. Our audit procedures included determining whether the information presented in the supplemental schedule reconciles 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 schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is 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 schedule is fairly stated in all material respects in relation to the financial statements as a whole.

 

/s/ Crowe Horwath LLP

Crowe Horwath LLP

South Bend, Indiana

June 23, 2017

 

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Table of Contents

Ameren Corporation

Savings Investment Plan

Statements of Net Assets Available for Benefits

December 31, 2016 and 2015

 

 

     2016      2015  

Assets

     

Investments, at fair value

   $ 1,794,642,191      $ 1,644,525,649  

Investments, at contract value

     299,821,780        283,716,698  
  

 

 

    

 

 

 

Total investments

     2,094,463,971        1,928,242,347  
  

 

 

    

 

 

 

Cash

     1,807,150        (34,858

Receivables

     

Notes receivable from participants

     34,530,404        34,637,440  

Participant contributions

     1,078,010        1,507,524  

Employer contributions

     322,437        513,140  

Dividends and interest

     458,599        577,701  

Due from brokers for securities sold

     6,534,911        10,661,338  
  

 

 

    

 

 

 

Total receivables

     42,924,361        47,897,143  
  

 

 

    

 

 

 

Total assets

     2,139,195,482        1,976,104,632  
  

 

 

    

 

 

 

Liabilities

     

Accrued expenses

     340,926        391,501  

Due to brokers for securities purchased

     14,236,300        9,762,293  
  

 

 

    

 

 

 

Total liabilities

     14,577,226        10,153,794  
  

 

 

    

 

 

 

Net assets available for benefits

   $ 2,124,618,256      $ 1,965,950,838  
  

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

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Table of Contents

Ameren Corporation

Savings Investment Plan

Statements of Changes in Net Assets Available for Benefits

Years Ended December 31, 2016 and 2015

 

     2016      2015  

Additions:

     

Investment income/(loss)

     

Interest and dividends

   $ 22,418,798      $ 24,706,214  

Net appreciation/(depreciation) in fair value of investments

     157,034,429        (37,457,301
  

 

 

    

 

 

 

Total investment income/(loss)

     179,453,227        (12,751,087
  

 

 

    

 

 

 

Interest on notes receivable from participants

     1,390,534        1,405,566  

Participant contributions

     83,371,122        81,725,541  

Employer contributions

     29,197,593        29,153,939  
  

 

 

    

 

 

 

Total additions

     293,412,476        99,533,959  
  

 

 

    

 

 

 

Deductions:

     

Benefits paid to participants

     131,144,664        153,600,149  

Administrative expenses

     3,600,394        3,267,792  
  

 

 

    

 

 

 

Total deductions

     134,745,058        156,867,941  
  

 

 

    

 

 

 

Net increase/(decrease)

     158,667,418        (57,333,982

Net assets available for benefits

     

Beginning of year

     1,965,950,838        2,023,284,820  
  

 

 

    

 

 

 

End of year

   $ 2,124,618,256      $ 1,965,950,838  
  

 

 

    

 

 

 

 

The accompanying notes are an integral part of these financial statements.

 

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Table of Contents

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

1. Description of the Plan

General

The following is a summary of the various provisions of the Ameren Corporation Savings Investment Plan (the “Plan”). Participants should refer to the Plan document for more complete information.

The Plan is a defined contribution plan. Its purpose is to provide employees eligible to participate (the “Participants”) of Ameren Corporation (the “Company”) and its wholly owned subsidiaries the option to defer a portion of their compensation for federal income tax purposes in accordance with Section 401(k) of the Internal Revenue Code (the “Code”). The Plan is subject to certain provisions of the Employee Retirement Income Security Act of 1974 (“ERISA”), as amended, and regulations of the Securities and Exchange Commission.

The Company serves as sponsor of the Plan, and, consequently, has the authority to amend or terminate the Plan subject to certain restrictions. The Board of Directors of the Company has the authority and responsibility for the general administration of the Plan. Fidelity Management Trust Company, as Trustee, has the authority and responsibility to hold and protect the assets of the Plan in accordance with Plan provisions and with the Trust and Administrative Agreement.

Participation

All regular full-time employees are eligible to participate upon employment, and part-time or temporary employees are eligible to participate upon completion of a year of service of at least 1,000 hours. Employees covered by a collective bargaining agreement (“CBA”) are eligible to participate only if the CBA provides for such participation.

If employees do not make an election, nor opt-out within 30 days of employment; they are automatically enrolled at a 6% pre-tax contribution rate, invested in a Target Date fund based upon the date at which the participant is or will be age 65, and further enrolled in auto-escalation increasing their pre-tax contribution 1% annually, with no cap on the annual increases. Employees may opt-out or make alternative elections at any time.

Contributions

Each year, Participants may contribute up to 100% of eligible compensation, as defined in the Plan, and subject to annual limitations imposed by the Code.

The Company makes an Employer Basic Matching Contribution plus an Employer Additional Matching Contribution in an amount equal to a percent of the amount each Participant contributes to the Plan, up to a certain maximum percentage of the Participant’s compensation that he or she elects to contribute to the Plan each year. The amount of Company matching contribution depends on the Participant’s employment classification, and for contract employees is determined by the collective bargaining agreement with the specific union representing the Participants. The Company also makes true-up Employer Basic Matching Contributions for Participants who contribute the IRS maximum before the end of the year and, as a result, do not receive the full company match. The Employer Additional Matching Contributions are invested in the Ameren Stock Fund.

 

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Table of Contents

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

The Plan permits “catch-up” contributions for all employees age 50 and older. Eligible employees could contribute $6,000 in 2016 and 2015, as a “catch-up” contribution. The Company does not match “catch-up” contributions.

Participants direct the investment of their contributions and the Employer Basic Matching Contributions to his or her account to any of the investment options available under the Plan, including Company stock. Contributions may be allocated to a single investment option or allocated in increments of one percent to any combination of investment options. Such elections may be changed daily. Although the Employer Additional Matching Contributions are invested in the Ameren Stock Fund, they may be immediately reallocated to other funds at the participants’ discretion.

Earnings derived from the assets of any investment fund are reinvested in the fund to which they relate. Participants may elect daily to reallocate, by actual dollar or percentage in one percent increments, the value of their accounts between funds. Pending investment of the assets into any investment fund, the Trustee may temporarily make certain short-term investments.

Participant Accounts

Each Participant’s account is credited with the Participant’s contributions and an allocation of (a) the Company’s contributions, and (b) Plan earnings, and is charged with an allocation of administrative expenses. Allocations are based on Participant contributions, eligible compensation, Participant account balances, or specific Participant transactions, as defined. The benefit to which the Participant is entitled is the benefit which can be provided from the Participant’s account. Each Participant directs the investment of his or her account to any of the investment options available under the Plan.

Notes Receivable from Participants

The Plan permits Participants to borrow from their accounts within the Plan. Such borrowings may be made subject to the following: (1) the minimum amount of the loan is $1,000, (2) the amount of the loan may not exceed the lesser of $50,000 or 50% of the vested amount in the Participant’s account, (3) the loan will bear a fixed interest rate and repayments will be made through mutual agreement subject to certain statutory repayment time limits, (4) each loan shall bear a reasonable interest rate as determined under policies established for the Plan and (5) such other rules and regulations as may be adopted by the Company. At December 31, 2016 and 2015, the interest rates on participant loans ranged from 4.00 percent to 10.50 percent.

Vesting

The amounts in Participants’ accounts, including Company contributions, are fully vested at all times.

Payment of Benefits

The total amount of a Participant’s account shall be distributed to the Participant according to one of the options as described in the Plan document and as elected by the Participant after termination of employment. All distributions shall be in the form of cash except that Participants may elect to have his or her interest in the Ameren Stock Fund distributed in shares of Ameren common stock. Participants may withdraw certain basic contributions, rollover contributions and related earnings thereon upon reaching age 59 1/2, in the event of total disability or financial hardship as defined

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

by the Plan or the Code. For purposes of distributions, the Participant’s account value will be determined as of the last business day coincident with or immediately preceding the day of distribution. Contributions to the Plan and investment income thereon are taxable to Participants upon distribution pursuant to the rules provided for under the Plan and the Code.

The Plan also allows, at the discretion of the Company, participants of the former Union Electric Company Employee Stock Ownership Plan and the former Ameren Corporation Employee Stock Ownership Plan for Certain Employees of AmerenCIPS, to receive certain distributions prior to termination of employment.

Plan Termination

The Company intends to continue the Plan indefinitely. However, the Company may at any time and for any reason, subject to ERISA and Internal Revenue Service regulations, suspend or terminate the Plan provided that such action does not retroactively adversely affect the rights of any Participant under the Plan.

 

2. Summary of Significant Accounting Policies

Basis of Accounting

The accompanying financial statements of the Plan are prepared on the accrual basis of accounting, except that benefit payments to Participants are recorded upon distribution.

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of changes in net assets available for benefits during the reporting period. Actual results could differ from those estimates.

Investment Valuation and Income Recognition

All investments are presented at fair value, except for fully benefit-responsive investment contracts, which are reported at contract value, as of December 31, 2016 and 2015. Fair value is 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. See Note 3 for discussion of fair value measurements.

The Plan has direct investments in fully benefit-responsive investment contracts. Investments held by a defined contribution plan are required to be reported at fair value, except for fully benefit-responsive investment contracts.    Contract value is the relevant measurement attribute for the portion of the net assets available for benefits of a defined contribution plan attributable to fully benefit-responsive investment contracts because contract value is the amount Participants normally 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.

Purchases and sales of securities are recorded on a trade date basis. Interest income is recorded on the accrual basis. Dividend income is recorded on the ex-dividend date. Net appreciation (depreciation) in fair value of investments includes the Plan’s gains and losses on investments bought and sold as well as held during the year.

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

Notes Receivable from Participants

Notes receivable from Participants are measured at their unpaid principal balance plus any accrued but unpaid interest, with no allowance for credit losses, as repayments of principal and interest are received through payroll deductions and the notes are collateralized by the Participants’ account balances. Delinquent participant loans are reclassified as distributions based upon the terms of the Plan document.

Administrative Expenses

Fees associated with administering the Plan are generally paid by the Plan. Through March 31, 2015, Trustee and recordkeeping fees were primarily paid via (1) revenue sharing payments (payments made directly from investment managers to the recordkeeper), (2) fees accrued in the investment funds that do not pay revenue sharing, and (3) flat dollar fees that are assessed to all Participants quarterly. Beginning April 1, 2015, Trustee and recordkeeping fees are primarily paid via (1) flat dollar fees that are assessed to all Participants quarterly, and (2) fees accrued in investment funds that are separately-managed accounts (versus commingled funds). Also, effective April 1, 2015, revenue sharing payments are allocated to Participant accounts quarterly.

Risks and Uncertainties

Investment securities are exposed to various risks, such as interest rate, market and credit. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risks in the near term could materially affect the Participants’ account balances and the amounts reported in the Statement of Net Assets Available for Benefits.

Concentrations

Company common stock comprised 13% and 12% of investments at December 31, 2016 and December 31, 2015, respectively.

New Accounting Standards

In May 2015, the Financial Accounting Standards Board issued ASU 2015-07, Fair Value Measurement (Topic 820: Disclosures for Investments in Certain Entities that Calculate Net Asset Value Per Share (or Its Equivalent). Under this guidance, investments measured at net asset value (“NAV”), under the existing practical expedient provided under ASC topic 820, are excluded from the fair value hierarchy. The guidance requires reporting entities to reconcile the fair value hierarchy disclosure to the statement of net assets available for benefits by disclosing the amount of investments measured using the practical expedient. The ASU is effective for fiscal years beginning after December 15, 2016 (December 15, 2015 for public business entities), with early adoption permitted. Retrospective application is required. Management adopted this standard as of December 31, 2016, and retrospectively updated the presentation of these assets in the fair value hierarchy table included in Note 3 Fair Value Measurements. The adoption of this standard had no effect on the Plan’s net assets available for benefits or changes therein.

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

3. Fair Value Measurements

The authoritative guidance issued by the FASB regarding fair value measurement provides a framework for measuring fair value for all assets and liabilities that are measured and reported at fair value. The guidance defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Certain assumptions that market participants would use in pricing the asset or liability, including assumptions about risk or the risks inherent in the inputs to the valuation, were used in the valuation process. Inputs to valuation can be readily observable, market corroborated, or unobservable. Valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs were used. The provisions also establish a fair value hierarchy that prioritizes the inputs used to measure fair value. All financial assets and liabilities carried at fair value were classified in one of the following three hierarchy levels:

Level 1: Inputs based on quoted prices in active markets for identical assets or liabilities that the Plan has the ability to access at the reporting date.

Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Inputs to the valuation methodology include:

 

    Quoted prices for similar assets or liabilities in active markets;

 

    Quoted prices for identical or similar assets or liabilities in inactive markets;

 

    Inputs other than quoted prices that are observable for the asset or liability;

 

    Inputs that are derived principally from or corroborated by observable market data by correlation or other means.

Level 3: Inputs to the valuation methodology that are unobservable and significant to the fair value measurement.

The asset or liability’s fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.

Following is a description of the valuation methodologies used for assets measured at fair value.

There have been no changes in the methodologies used during 2016.

 

    Margin deposit account: The fair value is estimated to approximate deposit account balances, payable on demand, as no discounts for credit quality or liquidity were determined to be applicable (Level 2 inputs).

 

    Common stocks: Valued at the closing price reported on the active markets on which the individual securities are traded (Level 1 inputs).

 

    Limited partnership: The fair value is determined by obtaining a quoted price from a nationally recognized exchange (Level 1 input). Under ordinary market conditions, daily redemption is available. The limited partnership was held as part of an investment strategy to outperform the Russell 2500 Growth Index.

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

    U.S. government securities and corporate debt securities: Valued based upon recent bid prices or the average of recent bid and asked prices when available (Level 2 inputs) and, if not available, they are valued through matrix pricing models developed by sources considered by management to be reliable. Matrix pricing, which is a mathematical technique commonly used to price debt securities that are not actively traded, values debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs).

 

    Other debt securities includes both non-U.S. government debt securities and derivatives: Non-U.S. government debt securities are valued based upon recent bid prices or the average of recent bid and asked prices when available (Level 2 inputs) and, if not available, they are valued through matrix pricing models developed by sources considered by management to be reliable. Matrix pricing, which is a mathematical technique commonly used to price debt securities that are not actively traded, values debt securities without relying exclusively on quoted prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2 inputs). The fair values of exchange-traded derivatives are based upon quoted market prices (Level 1 inputs). The fair values of derivatives that are not traded on an exchange are based upon valuation models using observable market data as of the measurement date (Level 2 inputs).

 

    Mutual funds: Valued at the daily closing price as reported by the fund (Level 1 inputs). Mutual funds held by the Plan are open-end mutual funds that are registered with the Securities and Exchange Commission. These funds are required to publish their daily net asset value (NAV) and to transact at that price. The mutual funds held by the Plan are deemed to be actively traded.

 

    Collective trust funds: The fair values of participation units held in collective trusts are based on the NAV reported by the fund managers as of the financial statement dates and recent transaction prices. Under ordinary market conditions, redemptions of investments in collective trusts are permitted as of daily or monthly valuation dates, as applicable, and are executed at NAV as a practical expedient.

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

The following table sets forth, by level within the fair value hierarchy, Plan assets measured at fair value on a recurring basis as of December 31, 2016:

 

     Quoted Prices
In Active
Markets for
Identified Assets

(Level 1)
     Significant
Other
Observable
Inputs

(Level 2)
     Measured
at Net Asset
Value as a
Practical
Expedient (a)
     Total  

Assets

           

Margin deposit account

   $ —        $ 100,200      $ —        $ 100,200  

Common stocks-Plan sponsor stock

     268,844,805        —          —          268,844,805  

Common stocks-other than Plan sponsor stock

     223,472,836        —          —          223,472,836  

U.S. Government securities

     —          14,157,327        —          14,157,327  

Corporate debt securities

     —          25,756,145        —          25,756,145  

Other debt securities

     1,500        5,517,816        —          5,519,316  

Collective trust funds

     —          —          1,088,860,727        1,088,860,727  

Mutual funds

     167,941,974        —          —          167,941,974  

Liabilities

           

Other debt securities

     (9,930      (1,209      —          (11,139
  

 

 

    

 

 

    

 

 

    

 

 

 

Total assets reported at fair value

   $ 660,251,185      $ 45,530,279      $ 1,088,860,727      $ 1,794,642,191  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(a) In accordance with ASU 2015-07, certain investments measured at net asset value (NAV) per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amount measured at NAV presented in this table is intended to permit reconciliation of the fair value hierarchy to the investments at fair value presented in the statement of net assets available for benefits.

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

The following table sets forth, by level within the fair value hierarchy, Plan assets measured at fair value on a recurring basis as of December 31, 2015:

 

     Quoted Prices
In Active
Markets for
Identified Assets

(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Measured
at Net Asset
Value as a
Practical
Expedient (a)
     Total  

Assets

           

Margin deposit account

   $ —        $ 213,760      $ —        $ 213,760  

Common stocks-Plan sponsor stock

     227,770,008        —          —          227,770,008  

Common stocks-other than Plan sponsor stock

     188,526,265        —          —          188,526,265  

Limited partnership

     693,154        —          —          693,154  

U.S. Government securities

     —          11,911,021        —          11,911,021  

Corporate debt securities

     —          33,564,256        —          33,564,256  

Other debt securities

     1,000        1,025,382        —          1,026,382  

Collective trust funds

     —          —          982,293,330        982,293,330  

Mutual funds

     198,537,364        —          —          198,537,364  

Liabilities

           

Other debt securities

     (9,891      —          —          (9,891
  

 

 

    

 

 

    

 

 

    

 

 

 

Total assets reported at fair value

   $ 615,517,900      $ 46,714,419      $ 982,293,330      $ 1,644,525,649  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

(a) In accordance with ASU 2015-07, certain investments measured at net asset value (NAV) per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amount measured at NAV presented in this table is intended to permit reconciliation of the fair value hierarchy to the investments at fair value presented in the statement of net assets available for benefits.

The Plan does not hold any investments requiring Level 3 measurements, and there have not been any transfers between measurement input levels in 2016 or 2015.

 

4. Fully Benefit-Responsive Investment Contracts

The Plan holds investments in a separately-managed stable value account that is managed by Galliard Capital Management. The separately-managed account holds (1) an investment in a money market mutual fund, and (2) a portfolio of synthetic investment contracts, valued at $299,821,780 and $283,716,698 at December 31, 2016 and December 31, 2015, respectively. The investment contracts meet the fully benefit-responsive investment criteria and therefore are reported at contract value. Contract value is the relevant measure for fully benefit-responsive investment contracts because this is the amount received by Participants 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.

The investment contracts are issued by the following insurance companies:

 

    American General Life Insurance Company (“AGL”)

 

    Prudential Insurance Company of America (“Prudential”)

 

    Voya Retirement Insurance and Annuity Company (“Voya”), as of December 31, 2016

 

    Massachusetts Mutual Life Insurance Company (“Mass Mutual”)

 

    Metropolitan Life Insurance Company (“Met Life”)

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

    New York Life Insurance Company (“NYL”), as of December 31, 2015

As of December 31, 2016, the underlying investments of the AGL, Prudential, and Voya contracts are holdings in collective trust funds. As of December 31, 2015, the underlying investments of the AGL, Prudential, and NYL contracts are holdings in collective trust funds. As of December 31, 2016 and 2015, the underlying investments of the Mass Mutual and Met Life contracts are holdings in portfolios of fixed income securities, which are segregated from the insurance company’s general account assets. The segregation of these assets from the insurance company’s general account offers certain protections to mitigate the risk that these assets might be subject to creditor claims other than those of the separate account GIC owners.

The investment contracts include wrapper contracts, which are agreements for the wrap issuer to make payments to the Plan in certain circumstances. The wrapper contract typically includes certain conditions and limitations on the underlying assets owned by the Plan. The contracts are designed to accrue interest based on crediting rates established by the contract issuers, and also provide a guarantee that the credit rate will not fall below zero percent. Cash flow volatility (for example, timing of benefit payments) as well as asset underperformance can be passed through to the Plan through adjustments to future contract crediting rates. Formulas are provided in each contract that adjusts renewal crediting rates to recognize the difference between the fair value and the book value of the underlying assets. Crediting rates are reset at least quarterly.

The Plan’s ability to receive amounts due in accordance with fully benefit-responsive investment contracts is dependent on the third-party issuer’s ability to meet its financial obligations. The issuer’s ability to meet its contractual obligations may be affected by future economic and regulatory developments.

Certain events might limit the ability of the Plan to transact at contract value. Investment contracts generally provide for withdrawals associated with certain events which are not in the ordinary course of operations. These withdrawals are paid with a market value adjustment applied to the withdrawal as defined in the investment contract. Each contract issuer specifies the events which may trigger a market value adjustment; however, such events may include all or a portion of the following:

 

    material amendments to the account’s structure or administration;

 

    changes to the Plan’s competing investment options including the elimination of equity wash provisions;

 

    complete or partial termination of the investment, including a merger with another investment account;

 

    the failure of the Plan to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA;

 

    the redemption of all or a portion of the interests in the account held by a participating plan at the direction of the participating plan sponsor, including withdrawals due to the removal of a specifically identifiable group of employees from coverage under the participating plan (such as a group layoff or early retirement incentive program), the closing or sale of a subsidiary, employing unit, or affiliate, the bankruptcy or insolvency of a plan sponsor, the merger of the Plan with another plan, or the Plan sponsor’s establishment of another tax qualified defined contribution plan;

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

    any change in law, regulation, ruling, administrative or judicial position, or accounting requirement, applicable to the account or participating plans;

 

    the delivery of any communication to Participants designed to influence a participant not to invest in the investment option;

 

    the addition of an Asset Allocation or Managed Account service without prior approval, or a material change in an existing program;

 

    the distribution of a prohibited communication.

No events are probable of occurring that might limit the ability of the Plan to transact at contract value with the contract issuers and that also would limit the ability of the Plan to transact at contract value with the Participants.

These contracts are evergreen contracts and contain termination provisions, allowing the contract issuer to terminate with notice, at any time at fair value, and providing for automatic termination of the contract if the contract value or the fair value of the underlying portfolio equals zero. The issuer is obligated to pay the excess contract value when the fair value is below contract value at the time of termination. In addition, if the Company defaults in its obligations under the contract (including the issuer’s determination that the agreement constitutes a non-exempt prohibited transaction as defined under ERISA), and such default is not corrected within the time permitted by the contract, then the contract may be terminated by the issuer and the Plan will receive the fair value as of the date of termination.

 

5. Transactions with Parties-in-Interest

Parties-in-interest are defined under Department of Labor regulations as any fiduciary of the Plan, any party rendering service to the Plan, the employer, and certain others.

At December 31, 2016, the Plan held 5,124,758 shares of Company common stock with a cost and fair value of $193,417,367 and $268,844,805, respectively. During 2016, the Plan purchased 772,300 shares at a cost of $37,758,809 and sold 899,300 shares valued at $43,880,275.

At December 31, 2015, the Plan held 5,268,795 shares of Company common stock with a cost and fair value of $189,208,773 and $227,770,008, respectively. During 2015, the Plan purchased 879,500 shares at a cost of $36,272,199 and sold 921,100 shares valued at $38,778,584.

Dividend income from Company common stock was $8,808,189 and $10,865,043 for the years ended December 31, 2016 and December 31, 2015, respectively.

At December 31, 2016, the Plan held shares in the Fidelity Institutional Money Market Government Portfolio, and at December 31, 2015, the Plan held shares in the Fidelity Management Trust Company Institutional Cash Portfolio. These portfolios are managed by the Trustee, and therefore, qualify as party-in-interest transactions. Notes receivable from Participants also reflect party-in-interest transactions.

Fees paid by the Plan to the Trustee for recordkeeping and trust services were $1,118,005 and $1,060,655 for the years ended December 31, 2016 and December 31, 2015, respectively.

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

Fees paid to and investments issued by various Plan investment managers also reflect party-in-interest transactions.

These transactions are allowable party-in-interest transactions under Section 408(b)(8) of ERISA.

 

6. Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of net assets available for benefits per the financial statements to the Form 5500 at December 31, 2016 and 2015:

 

     2016      2015  

Net assets available for benefits per the financial statements

   $ 2,124,618,256      $ 1,965,950,838  

Amounts allocated to deemed distributions of notes receivable from Participants

     (1,343,400      (1,233,481

Adjustment from contract value to fair value for fully benefit-responsive investment contracts

     (646,579      (609,075
  

 

 

    

 

 

 

Net assets available for benefits per the Form 5500

   $ 2,122,628,277      $ 1,964,108,282  
  

 

 

    

 

 

 

Deemed distributions of notes receivable from Participants, resulting from defaults of notes receivable from Participants, are no longer considered assets of the Plan with respect to Form 5500 filings.

The following is a reconciliation of net increase in net assets available for benefits per the financial statements to net income per the Form 5500 for the year ended December 31, 2016:

 

Net increase in net assets available for benefits per the financial statements

   $ 158,667,418  

Add: Adjustment from contract value to fair value for fully benefit-responsive investment contracts as of the current year-end

     (646,579

Less: Adjustment from contract value to fair value for fully benefit-responsive investment contracts as of the prior year-end

     609,075  

Less: Net increase in defaulted notes receivable from Participants

     (11,032

Less: Interest income of defaulted notes receivable from Participants

     (98,887
  

 

 

 

Total net income per the Form 5500

   $ 158,519,995  
  

 

 

 

 

7. Federal Income Tax Status

The Company obtained its latest determination letter September 18, 2013, in which the Internal Revenue Service stated that the Plan was in compliance with the applicable requirements of the Code. Although the Plan has been amended since receiving the determination letter, the Plan’s administrator believes that the Plan is designed and is currently being operated in compliance with the applicable requirements of the Code.

 

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Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2016 and 2015

 

 

Accounting principles generally accepted in the United States of America require 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 Internal Revenue Service. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2016 and 2015, 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, there are currently no audits for any tax periods in progress. The Plan administrator believes it is no longer subject to income tax examinations for years prior to 2013.

 

8. Subsequent Events

The Plan was amended effective January 1, 2017, in which the authority and responsibility for the general administration of the Plan was changed from the Board of Directors of the Company to the Administrative Committee of the Company.

The Company filed for a new determination letter with the Internal Revenue Service on January 31, 2017.

 

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Page 1 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   Interest-bearing Cash             
   State Street Global Advisors      SSGA Short Term Investment Fund    $ 11,418,507      $ 11,418,507  
   FUTURES CASH COLLATERAL      43,760.00     Shares        45,000        45,000  
   SWAP COLLATERAL USD      170,000.00     Shares        55,200        55,200  
            

 

 

    

 

 

 
  

Total Interest-bearing Cash

            11,518,707        11,518,707  
            

 

 

    

 

 

 
   Mutual Funds             
   American Funds Group      EuroPacific Growth Fund      104,011,919        100,524,511  
   RBC Global Asset Management      RBC BlueBay Absolute Return Fund      12,145,719        11,624,847  
   Sands Capital Management      Touchstone Sands Capital Institutional Growth Fund      36,294,133        35,757,175  

*

   Fidelity Management Trust Company      Fidelity Institutional Money Market Government Portfolio      20,035,441        20,035,441  
            

 

 

    

 

 

 
  

Total Mutual Funds

            172,487,212        167,941,974  
            

 

 

    

 

 

 
   Collective Investment Trusts             
   Robeco Trust Company      Boston Partners Large Cap Value Equity Fund E      60,751,875        75,005,484  
   Nuveen Fund Advisors      NWQ Small/Mid Cap Value Fund J      47,526,473        74,442,682  
   Wells Fargo Bank, N.A.      Wells Fargo Fixed Income Fund F      92,543,564        95,652,828  
   Wells Fargo Bank, N.A.      Wells Fargo Fixed Income Fund L      91,238,729        92,214,720  
   BlackRock Institutional Trust Company, N.A.      BlackRock Equity Index Fund M      221,687,373        242,067,619  
   BlackRock Institutional Trust Company, N.A.      BlackRock Russell 2500 Fund M      140,690,761        157,747,240  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2020 Fund L      90,231,116        92,128,060  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2025 Fund L      78,000,647        80,223,085  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2030 Fund L      54,046,858        55,910,912  
   BlackRock Institutional Trust Company, N.A.      BlackRock MSCI ACWI ex-US IMI Index Fund M      60,484,825        62,268,999  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index Retirement Fund L      33,620,081        34,165,914  
   BlackRock Institutional Trust Company, N.A.      BlackRock US Debt Index Fund M      65,449,120        64,366,138  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2035 Fund L      29,972,699        31,164,414  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2040 Fund L      27,410,354        28,622,847  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2045 Fund L      26,248,726        27,476,083  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2050 Fund L      22,446,422        23,507,988  
   BlackRock Institutional Trust Company, N.A.      BlackRock TIPS Bond Index Fund M      15,281,910        15,258,613  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2055 Fund L      11,903,095        12,435,204  
   BlackRock Institutional Trust Company, N.A.      BlackRock LifePath Index 2060 Fund L      631,887        650,938  
            

 

 

    

 

 

 
  

Total Collective Investment Trusts

            1,170,166,515        1,265,309,768  
            

 

 

    

 

 

 
   Pooled Separate Account             
   Massachusetts Mutual Life Ins. Co.      Separate Account #SB43      39,762,358        39,765,409  
            

 

 

    

 

 

 
   Insurance Company Separate Accounts             
   Metropolitan Life Ins Co.      Separate Account #690      35,091,656        36,373,537  
   Metropolitan Life Ins Co.      Separate Account #694      35,048,594        35,168,707  
            

 

 

    

 

 

 
  

Total Insurance Company Separate Accounts

 

         70,140,250        71,542,244  
            

 

 

    

 

 

 
   Common Stocks             

*

   Ameren Corporation      5,124,758.00     Shares        193,417,367        268,844,805  
   TENCENT HOLDINGS LIMITED      55,471.00     Shares        977,771        1,356,999  
   ALLERGAN PLC      5,435.00     Shares        1,452,725        1,141,404  
   NXP SEMICONDUCTORS NV      10,095.00     Shares        950,032        989,411  
   ABBOTT LABORATORIES      17,647.00     Shares        680,403        677,821  
   ADOBE SYSTEMS INC      14,238.00     Shares        858,104        1,465,802  
   ALBEMARLE CORP      5,221.00     Shares        427,090        449,424  
   ALEXION PHARMACEUTICALS      6,961.00     Shares        990,239        851,678  
   ALIBABA GROUP HLD SPON AD      19,763.00     Shares        1,621,610        1,735,389  

 

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Page 2 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   ALPHABET INC CL C      2,829.00     Shares        1,278,136        2,183,479  
   ALPHABET INC CL A      2,390.00     Shares        968,306        1,893,956  
   AMAZON.COM INC      6,176.00     Shares        1,824,335        4,631,197  
   APPLE INC      28,574.00     Shares        2,722,610        3,309,441  
   BIOMARIN PHARMACEUTICAL      10,116.00     Shares        766,366        838,009  
   BOEING CO      11,929.00     Shares        1,191,708        1,857,107  
   BRISTOL-MYERS SQUIBB CO      25,631.00     Shares        1,384,251        1,497,876  
   CELGENE CORP      14,153.00     Shares        1,320,243        1,638,210  
   CHARTER COMM INC A      819.00     Shares        207,052        235,806  
   CONCHO RESOURCES INC      7,845.00     Shares        673,959        1,040,247  
   CONSTELLATION BRANDS CL A      2,299.00     Shares        349,945        352,460  
   COSTCO WHOLESALE CORP      5,869.00     Shares        609,925        939,686  
   EOG RESOURCES INC      10,085.00     Shares        684,409        1,019,594  
   EXPEDIA INC      3,770.00     Shares        443,993        427,066  
   FACEBOOK INC A      24,493.00     Shares        950,788        2,817,920  
   FLEETCOR TECHNOLOGIES INC      6,987.00     Shares        926,720        988,800  
   GOLDMAN SACHS GROUP INC      6,232.00     Shares        966,265        1,492,252  
   ADIDAS AG      5,687.00     Shares        890,782        898,861  
   HALLIBURTON CO      24,907.00     Shares        1,147,175        1,347,220  
   HOME DEPOT INC      5,500.00     Shares        716,496        737,440  
   ILLUMINA INC      4,160.00     Shares        260,140        532,646  
   INDITEX SA UNSPN ADR      61,354.00     Shares        907,829        1,041,177  
   JPMORGAN CHASE & CO      10,260.00     Shares        816,799        885,335  
   MARRIOTT INTL INC A      17,044.00     Shares        1,055,278        1,409,198  
   MASTERCARD INC CL A      22,321.00     Shares        1,138,982        2,304,643  
   MICROSOFT CORP      39,225.00     Shares        2,155,440        2,437,442  
   MONDELEZ INTL INC      26,011.00     Shares        845,823        1,153,068  
   MONSTER BEVERAGE CORP      17,061.00     Shares        770,075        756,485  
   NETFLIX INC      13,732.00     Shares        773,049        1,700,022  
   NIKE INC CL B      29,537.00     Shares        770,352        1,501,366  
   NVIDIA CORP      17,722.00     Shares        889,108        1,891,646  
   PALO ALTO NETWORKS INC      5,802.00     Shares        895,926        725,540  
   PARKER HANNIFIN CORP      5,103.00     Shares        712,071        714,420  
   PRICELINE GROUP INC      1,146.00     Shares        878,833        1,680,105  
   QUALCOMM INC      17,432.00     Shares        1,039,789        1,136,566  
   RED HAT INC      14,909.00     Shares        803,700        1,039,157  
   REGENERON PHARMACEUTICALS      1,851.00     Shares        958,031        679,484  
   S&P GLOBAL INC      6,491.00     Shares        574,455        698,042  
   SALESFORCE.COM INC      23,826.00     Shares        1,191,844        1,631,128  
   SHIRE PLC SPON ADR      7,230.00     Shares        1,587,004        1,231,847  
   SPLUNK INC      14,120.00     Shares        591,267        722,238  
   STARBUCKS CORP      21,502.00     Shares        884,621        1,193,791  
   TJX COMPANIES INC NEW      10,783.00     Shares        574,933        810,127  
   TESLA INC      2,962.00     Shares        515,856        632,950  
   TIME WARNER INC      9,261.00     Shares        804,303        893,964  
   VERTEX PHARMACEUTICALS      5,198.00     Shares        454,514        382,937  
   VISA INC CL A      28,160.00     Shares        1,200,514        2,197,043  
   WORKDAY INC CL A      9,833.00     Shares        681,052        649,863  
   WILLIS TOWERS WATSON PLC      17,780.00     Shares        2,029,694        2,174,138  
   BROADCOM LTD      14,717.00     Shares        1,950,256        2,601,524  
   JOHNSON CONTROLS INTERNAT      61,180.00     Shares        2,880,654        2,520,004  
   ARRIS INTERNATIONAL PLC      25,119.00     Shares        595,203        756,835  
   AERCAP HOLDINGS NV      33,707.00     Shares        975,670        1,402,548  
   SUNCOR ENERGY INC      2,353.00     Shares        62,019        76,920  
   TE CONNECTIVITY LTD      35,491.00     Shares        1,923,805        2,458,816  

 

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Page 3 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   EATON CORP PLC      40,150.00     Shares        2,050,385        2,693,664  
   AFLAC INC      35,844.00     Shares        2,065,208        2,494,742  
   AECOM      26,703.00     Shares        695,839        970,921  
   AETNA INC      19,626.00     Shares        1,996,899        2,433,820  
   AMERIPRISE FINANCIAL INC      23,160.00     Shares        2,081,039        2,569,370  
   ANTHEM INC      15,629.00     Shares        1,994,496        2,246,981  
   ASSURANT INC      11,350.00     Shares        900,049        1,053,961  
   AVIS BUDGET GROUP      17,114.00     Shares        433,908        627,742  
   CELANESE CORP SER A      26,098.00     Shares        1,663,732        2,054,957  
   COMCAST CORP CL A      36,334.00     Shares        2,106,993        2,508,863  
   COMMSCOPE HOLDING CO INC      32,658.00     Shares        1,028,585        1,214,878  
   CORNING INC      109,177.00     Shares        2,019,303        2,649,726  
   EOG RESOURCES INC      29,423.00     Shares        2,067,251        2,974,665  
   GOODYEAR TIRE & RUBBER CO      45,436.00     Shares        1,278,467        1,402,609  
   HERTZ GLOBAL HOLDINGS INC      18,314.00     Shares        673,539        394,850  
   LIBERTY INTERACTIVE CL A      78,808.00     Shares        1,991,891        1,574,584  
   LINCOLN NATIONAL CORP      39,685.00     Shares        1,683,518        2,629,925  
   MICROSEMI CORP      17,871.00     Shares        675,728        964,498  
   NCR CORP      28,655.00     Shares        611,784        1,162,247  
   NATIONAL OILWELL VARCO      63,425.00     Shares        1,785,861        2,374,632  
   OWENS ILLINOIS INC      28,291.00     Shares        353,639        492,546  
   SUNCOR ENRGY INC      86,114.00     Shares        1,972,872        2,815,067  
   SYMANTEC CORP      103,203.00     Shares        1,982,258        2,465,520  
   TENNECO INC      9,998.00     Shares        368,709        624,575  
   WESTERN DIGITAL CORP      38,964.00     Shares        1,868,583        2,647,604  
   WESTERN UNION CO      87,775.00     Shares        1,528,211        1,906,473  
   WHIRLPOOL CORP      12,189.00     Shares        2,281,494        2,215,595  
   MOBILEYE NV      39,387.00     Shares        1,696,702        1,501,432  
   SHOPIFY INC CL A (US)      5,930.00     Shares        240,840        254,219  
   NORWEGIAN CRUISE LINE HLG      6,800.00     Shares        301,676        289,204  
   ABIOMED INC      2,700.00     Shares        278,227        304,236  
   ALBEMARLE CORP      7,000.00     Shares        590,413        602,560  
   ALIGN TECHNOLOGY INC      10,018.00     Shares        699,888        963,030  
   AMETEK INC NEW      16,800.00     Shares        837,796        816,480  
   BLUEBIRD BIO INC      2,300.00     Shares        166,693        141,910  
   BOOZ ALLEN HAMILTON CL A      12,200.00     Shares        400,405        440,054  
   BORGWARNER INC      26,700.00     Shares        972,248        1,053,048  
   BURLINGTON STORES INC      11,121.00     Shares        700,080        942,505  
   CACI INTERNATIONAL INC      1,800.00     Shares        200,599        223,740  
   COGNEX CORP      6,900.00     Shares        376,268        438,978  
   COHERENT INC      2,449.00     Shares        210,030        336,456  
   COHERUS BIOSCIENCES INC      8,349.00     Shares        177,992        235,024  
   COMERICA INC      5,800.00     Shares        329,595        395,038  
   COMMSCOPE HOLDING CO INC      26,304.00     Shares        791,440        978,509  
   COMMVAULT SYSTEMS INC      9,000.00     Shares        487,402        462,600  
   DAVE & BUSTERS ENTMT INC      4,700.00     Shares        211,388        264,610  
   IMAX CORP      16,000.00     Shares        501,951        502,400  
   DIAMONDBACK ENERGY INC      4,822.00     Shares        375,131        487,311  
   DYCOM INDUSTRIES INC      3,978.00     Shares        288,656        319,394  
   E TRADE FINANCIAL CORP      23,900.00     Shares        795,921        828,135  
   ROYAL CARIBBEAN CRUISES      11,700.00     Shares        911,498        959,868  
   EXPEDIA INC      1,700.00     Shares        216,883        192,576  
   FIRST REPUBLIC BANK      7,924.00     Shares        589,704        730,117  
   FIVE9 INC      28,090.00     Shares        259,466        398,597  
   GENESEE & WYOMING CL A      9,200.00     Shares        694,306        638,572  

 

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Page 4 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   GRUBHUB INC      8,000.00     Shares        313,445        300,960  
   HEALTHSOUTH CORP      10,202.00     Shares        417,540        420,730  
   IDEXX LABS INC      12,906.00     Shares        1,006,257        1,513,487  
   INTER PARFUMS INC      12,500.00     Shares        413,279        409,375  
   INTRA-CELLULAR THERAPIES      8,572.00     Shares        278,799        129,351  
   IROBOT CORP      8,900.00     Shares        417,177        520,205  
   JACK IN THE BOX INC      1,600.00     Shares        155,921        178,624  
   K2M GROUP HLDGS INC      18,612.00     Shares        386,393        372,984  
   LEXICON PHARMACEUTICALS      16,671.00     Shares        300,597        230,560  
   MKS INSTRUMENTS INC      5,900.00     Shares        290,548        350,460  
   MATCH GROUP INC      17,400.00     Shares        309,583        297,540  
   MERCURY SYSTEMS INC      9,773.00     Shares        208,975        295,340  
   METTLER-TOLEDO INTL INC      970.00     Shares        399,009        406,003  
   MICRON TECHNOLOGY INC      48,213.00     Shares        657,755        1,056,829  
   MICROSEMI CORP      4,100.00     Shares        166,522        221,277  
   MIDDLEBY CORP      7,456.00     Shares        915,576        960,407  
   MINDBODY INC CL A      18,500.00     Shares        363,072        394,050  
   NEUROCRINE BIOSCIENCES      3,200.00     Shares        155,830        123,840  
   NEVRO CORPORATION      8,493.00     Shares        523,765        617,101  
   NEWFIELD EXPLORATION CO      19,400.00     Shares        887,094        785,700  
   NORDSTROM INC      8,800.00     Shares        499,635        421,784  
   NUVASIVE INC      10,562.00     Shares        589,207        711,456  
   PVH CORP      2,300.00     Shares        253,990        207,552  
   PANERA BREAD CO CL A      1,660.00     Shares        347,178        340,449  
   PARSLEY ENERGY INC CL A      6,052.00     Shares        132,150        213,272  
   PROOFPOINT INC      2,105.00     Shares        71,353        148,718  
   RADIAN GROUP INC      25,300.00     Shares        428,729        454,894  
   RINGCENTRAL INC CL A      29,581.00     Shares        617,490        609,369  
   SERVICENOW INC      13,734.00     Shares        707,157        1,020,986  
   SNYDERS LANCE INC      19,000.00     Shares        695,435        728,460  
   SPIRIT AIRLINES INC      14,200.00     Shares        735,141        821,612  
   SQUARE INC CL A      36,230.00     Shares        431,557        493,815  
   STAMPS.COM INC      7,548.00     Shares        486,391        865,378  
   TAKE-TWO INTERACTV SOFTWR      8,500.00     Shares        382,359        418,965  
   TENNECO INC      14,900.00     Shares        840,742        930,803  
   TESARO INC      3,885.00     Shares        466,403        522,455  
   TRIMBLE INC      11,966.00     Shares        306,816        360,775  
   US CONCRETE INC C NEW      7,322.00     Shares        375,231        479,591  
   US SILICA HOLDINGS INC      7,400.00     Shares        411,893        419,432  
   ULTA BEAUTY INC      2,904.00     Shares        378,069        740,346  
   ULTRAGENYX PHARMA INC      2,571.00     Shares        219,651        180,767  
   UNIVERSAL DISPLAY CORP      9,102.00     Shares        434,272        512,443  
   VAIL RESORTS INC      4,869.00     Shares        672,784        785,418  
   VANTIV INC      5,104.00     Shares        278,104        304,300  
   VIASAT INC      3,010.00     Shares        209,551        199,322  
   VOCERA COMMUNICATIONS INC      24,512.00     Shares        371,878        453,227  
   WABASH NATIONAL CORP      13,600.00     Shares        214,353        215,152  
   WELLCARE HEALTH PLANS INC      8,105.00     Shares        751,904        1,111,033  
   WHITING PETROLEUM CORP      16,700.00     Shares        209,302        200,734  
   ZIONS BANCORP      21,150.00     Shares        733,550        910,296  
   ZUMIEZ INC      8,500.00     Shares        203,572        185,725  
   OM ASSET MANAGEMENT PLC      24,777.00     Shares        424,898        359,267  
   AXALTA COATING SYSTEMS      20,890.00     Shares        586,413        568,208  
   FIRSTSERVICE CORP (US)      12,605.00     Shares        278,014        598,485  
   HERBALIFE LTD      8,120.00     Shares        477,602        390,897  

 

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Page 5 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   ABIOMED INC      5,750.00     Shares        283,582        647,910  
   AFFILIATED MANAGERS GRP      6,002.00     Shares        883,596        872,091  
   AKAMAI TECHNOLOGIES INC      11,650.00     Shares        578,825        776,822  
   AKORN INC      31,351.00     Shares        780,523        684,392  
   ALIGN TECHNOLOGY INC      5,327.00     Shares        218,038        512,085  
   AMEDISYS INC      11,325.00     Shares        478,485        482,785  
   ARISTA NETWORKS INC      5,540.00     Shares        418,890        536,106  
   BWX TECHNOLOGIES INC      21,890.00     Shares        829,300        869,033  
   BALL CORP      9,420.00     Shares        688,381        707,159  
   BANK OF THE OZARKS INC      18,170.00     Shares        766,426        955,560  
   BLUE BUFFALO PET PRODUCTS      18,710.00     Shares        470,220        449,788  
   BOOZ ALLEN HAMILTON CL A      29,613.00     Shares        729,892        1,068,141  
   CBOE HOLDINGS INC      6,720.00     Shares        262,959        496,541  
   CSRA INC      26,270.00     Shares        732,322        836,437  
   CABLE ONE INC W/I      470.00     Shares        218,756        292,213  
   CAMBREX CORP      15,490.00     Shares        725,122        835,686  
   CARRIZO OIL & GAS INC      9,820.00     Shares        451,607        366,777  
   CELANESE CORP SER A      9,260.00     Shares        466,746        729,132  
   CENTENE CORP      13,950.00     Shares        844,997        788,315  
   COLLIERS INTL GRP INC      160.00     Shares        5,853        5,851  
   COLLIERS INTL GROUP (US)      8,404.00     Shares        223,769        308,847  
   COPART INC      16,610.00     Shares        850,831        920,360  
   COSTAR GROUP INC      6,393.00     Shares        844,904        1,205,017  
   IMAX CORP      19,832.00     Shares        620,116        622,725  
   DEVRY EDUCATION GROUP INC      19,437.00     Shares        419,885        606,434  
   DIAMONDBACK ENERGY INC      7,520.00     Shares        521,714        759,971  
   DUN & BRADSTREET DEL NEW      4,350.00     Shares        498,255        527,742  
   ENCORE CAP GROUP INC      15,419.00     Shares        542,326        441,754  
   EXACT SCIENCES CORP      44,550.00     Shares        541,501        595,188  
   FACTSET RESEARCH SYS INC      3,661.00     Shares        431,946        598,317  
   FIRSTCASH INC      11,751.00     Shares        586,489        552,297  
   FIRSTSERVICE CORP      120.00     Shares        5,710        5,708  
   GLAUKOS CORP      14,730.00     Shares        481,156        505,239  
   GUIDEWIRE SOFTWARE INC      18,112.00     Shares        762,663        893,465  
   HEALTHSOUTH CORP      14,616.00     Shares        497,803        602,764  
   HEICO CORP CL A      8,750.00     Shares        477,231        594,125  
   HEXCEL CORPORATION      13,810.00     Shares        577,740        710,386  
   IBERIABANK CORP      4,200.00     Shares        371,677        351,750  
   IDEXX LABS INC      4,036.00     Shares        263,671        473,302  
   ISHARES RUSSEL MIDCP GRWT      3,079.00     Shares        296,367        299,864  
   ISHARES RUSSELL 2000 GR E      7,800.00     Shares        1,146,105        1,200,732  
   JONES LANG LASALLE INC      4,347.00     Shares        472,218        439,221  
   J2 GLOBAL INC      13,945.00     Shares        720,075        1,140,701  
   LIGAND PHARMACEUTICALS      9,116.00     Shares        610,164        926,277  
   MARTIN MARIETTA MATERIALS      2,900.00     Shares        475,559        642,437  
   MAXIMUS INC      18,750.00     Shares        1,040,203        1,046,063  
   METTLER-TOLEDO INTL INC      2,430.00     Shares        616,192        1,017,101  
   MIDDLEBY CORP      6,474.00     Shares        575,889        833,916  
   NU SKIN ENTERPRISES CL A      5,147.00     Shares        222,937        245,924  
   OLD DOMINION FREIGHT LINE      16,294.00     Shares        889,891        1,397,862  
   PANDORA MEDIA INC      24,407.00     Shares        396,567        318,267  
   REPLIGEN      3,935.00     Shares        93,823        121,277  
   SBA COMM CORP CL A      8,610.00     Shares        682,896        889,069  
   SIGNATURE BANK      6,880.00     Shares        781,792        1,033,376  
   SITEONE LANDSCAPE SUPPLY      10,780.00     Shares        360,105        374,389  

 

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Page 6 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   SIX FLAGS ENTERTAINMENT      21,780.00     Shares        887,286        1,305,929  
   TAKE-TWO INTERACTV SOFTWR      12,430.00     Shares        511,975        612,675  
   TORO CO      11,294.00     Shares        384,108        631,899  
   TRACTOR SUPPLY CO.      17,280.00     Shares        1,196,036        1,309,997  
   TRANSDIGM GROUP INC      3,321.00     Shares        633,163        826,796  
   2U INC      19,098.00     Shares        376,257        575,805  
   ULTA BEAUTY INC      2,920.00     Shares        479,338        744,425  
   UNIVERSAL ELECTRONICS INC      9,210.00     Shares        617,120        594,506  
   VAIL RESORTS INC      1,755.00     Shares        284,568        283,099  
   VANTIV INC      14,969.00     Shares        505,699        892,452  
   VEEVA SYS INC CL A      20,870.00     Shares        630,898        849,409  
   VIRTU FINANCIAL INC CL A      16,227.00     Shares        354,692        258,821  
   WD 40 CO      5,620.00     Shares        492,479        656,978  
   WNS HLDGS LTD SP ADR      15,913.00     Shares        295,055        438,403  
   WESTINGHOUSE AIR BRAKE TE      7,270.00     Shares        590,254        603,554  
            

 

 

    

 

 

 
  

Total Common Stocks

            372,774,662        492,317,641  
            

 

 

    

 

 

 
  

U.S. Government Securities

            
   USTB 4.625% 2/15/40      250,000.00     Shares        318,008        318,922  
   FANNIEMAE 30YR 3% 10/46#AS8186      668,983.58     Shares        692,424        665,247  
   FHLG 30YR 3% 03/45#G08631      670,612.81     Shares        670,508        666,919  
   FNMA 5.00% 5/38 #983077      242,515.05     Shares        268,282        265,933  
   FNMA 3.5% 09/45#AS5722      267,202.18     Shares        280,061        273,954  
   FNMA 30YR 3% 01/47 #TBA      915,000.00     Shares        909,819        908,852  
   FNMA 30YR 3% 08/46#AS7737      659,217.48     Shares        684,453        655,535  
   FNMA 30YR 3% 11/46#MA2806      233,491.93     Shares        240,460        232,188  
   FNMA 30YR 3.0% 5/43#AT2722      371,762.94     Shares        387,795        370,848  
   FNMA 30YR 3.5% 01/01/45#MA2163      600,531.09     Shares        621,550        615,705  
   FNMA 30YR 3.5% 01/47 #TBA      1,960,000.00     Shares        2,010,645        2,007,917  
   FNMA 30YR 3.5% 05/46#AS7245      308,065.16     Shares        325,827        315,873  
   FNMA 30YR 3.5% 06/46#AS7348      652,270.23     Shares        673,571        669,465  
   FNMA 30YR 3.5% 07/46#AS7544      1,119,702.53     Shares        1,142,792        1,148,170  
   FNMA 30YR 4% 01/47 #TBA      435,000.00     Shares        457,447        457,022  
   FNMA 30YR 4% 03/45#AS4630      500,413.21     Shares        531,376        526,939  
   FNMA 30YR 4% 11/46#MA2808      652,307.17     Shares        680,642        686,630  
   FNMA 30YR 4% 12/01/45#MA2484      636,385.31     Shares        679,142        668,925  
   FNMA 30YR 4.0% 07/45#AS5380      635,572.30     Shares        679,566        669,858  
   FNMA 30YR 4.0% 12/01/44#AX4873      424,754.68     Shares        451,169        447,270  
   FNMA 30YR 4.5% 01/47 #TBA      1,475,000.00     Shares        1,587,469        1,585,155  
            

 

 

    

 

 

 
  

Total U.S. Government Securities

            14,293,006        14,157,327  
            

 

 

    

 

 

 
  

Corporate debt securities

            
   UBS 7.125 PERP-20 AT1 7%      200,000.00     Shares        210,500        205,675  
   AFLAC INC 6.45% 8/15/40      61,000.00     Shares        76,431        79,753  
   AT&T INC 5.55% 8/15/41      170,000.00     Shares        178,396        176,697  
   AT&T INC 3.8% 03/15/22      340,000.00     Shares        345,957        348,197  
   APX GROUP 7.875% 12/01/22      55,000.00     Shares        55,000        59,538  
   AECOM 5.75% 10/15/2022 W/I      65,000.00     Shares        67,593        68,705  
   AGRIUM INC 3.375% 03/15/25      200,000.00     Shares        194,888        193,479  
   ALCOA INC MTN 5.4% 4/15/21      75,000.00     Shares        81,644        79,500  
   ALLEGHENY TECH STEP 8/15/23      55,000.00     Shares        57,448        53,900  
   ALLSTATE CORP 5.75 8/53      130,000.00     Shares        140,595        134,407  
   ALLY FINL INC 5.75% 11/20/25      135,000.00     Shares        131,593        134,663  
   ALTICE FING 6.625% 2/23 144A      65,000.00     Shares        64,350        66,788  
   ALTRIA GROUP INC 2.85% 8/09/22      110,000.00     Shares        107,606        110,014  

 

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Page 7 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   AMERICAN EXPRESS 5.2% VAR PERP      135,000.00     Shares        135,844        133,988  
   AMERICAN TOWER CORP 5% 2/24      150,000.00     Shares        161,078        161,323  
   ANADARKO MTN 6.2% 3/15/40      90,000.00     Shares        104,194        102,911  
   ANGLOGOLD HLDNGS MTN 6.5% 4/40      95,000.00     Shares        89,765        85,500  
   ANHEUSER-BUSCH 3.65% 2/1/26      215,000.00     Shares        221,757        217,930  
   ANIXTER INC 5.125% 10/01/2021      65,000.00     Shares        67,763        67,600  
   APACHE CORP 4.25% 1/15/44      150,000.00     Shares        134,948        147,582  
   APPLE INC 3.85% 5/4/43      150,000.00     Shares        136,974        143,148  
   AUTONATION INC 4.5% 10/01/25      105,000.00     Shares        110,259        106,091  
   AVIS BUDGET 6.375% 04/24 144A      55,000.00     Shares        55,000        54,931  
   BAE SYSTEMS 3.85% 12/25 144A      135,000.00     Shares        133,407        137,499  
   BNP PARIBAS VR/7.625% PRP 144A      270,000.00     Shares        270,000        284,877  
   BNP PARIBAS 4.375 5/12/26 144A      200,000.00     Shares        199,648        197,120  
   BANK OF AMR CORP 6.3% VAR PERP      95,000.00     Shares        95,000        99,275  
   BANK AMER FDG CORP 4% 04/01/24      305,000.00     Shares        314,634        314,199  
   BANK AMER CORP 4.25% 10/22/26      105,000.00     Shares        105,044        106,117  
   BANK OF AMER 3.248% 10/21/27      240,000.00     Shares        225,823        228,753  
   BARCLAYSPLC 3.65% 03/16/25      285,000.00     Shares        277,878        275,544  
   BAXALTA INC 4% 06/23/25      220,000.00     Shares        218,513        220,363  
   BECTON DICKINS 3.734% 12/15/24      63,000.00     Shares        64,121        64,369  
   BROOKFIELD RESI 6.5% 12/15/20      45,000.00     Shares        46,517        46,013  
   BUNGE LTD FIN 3.25% 8/15/26      140,000.00     Shares        139,870        134,239  
   CBS CORP 4% 01/15/26      115,000.00     Shares        112,574        116,803  
   CIT GROUP INC 5.0% 08/01/23      85,000.00     Shares        87,040        87,763  
   CALIF RES 8.0% 12/15/22 144A      30,000.00     Shares        35,618        26,700  
   CALUMET SPEC PD 6.5% 04/15/21      55,000.00     Shares        55,402        46,613  
   CAPITAL ONE FIN PERP      135,000.00     Shares        137,869        136,688  
   CAPITAL ONE BK 3.375% 2/15/23      180,000.00     Shares        178,151        178,132  
   CASCADES INC 5.75% 07/23 144A      75,000.00     Shares        70,500        76,125  
   CENTURYLINK INC 6.75% 12/23 W      150,000.00     Shares        160,875        153,375  
   CCO LLC/CAPITL 4.908% 07/23/25      100,000.00     Shares        100,000        105,262  
   CITIGROUP INC 3.875% 10/25/23      105,000.00     Shares        109,032        108,072  
   CITIGROUP INC 3.75% 06/16/24      105,000.00     Shares        107,771        106,812  
   CITIGROUP 4.3% 11/26      190,000.00     Shares        191,763        191,497  
   CITIGROUP INC 3.3% 04/27/25      225,000.00     Shares        232,081        220,148  
   CITIGROUP INC 6.25% VAR PERP      110,000.00     Shares        110,000        113,190  
   CITIGROUP 3.2% 10/21/26      95,000.00     Shares        89,742        90,704  
   COMCAST CORP 6.4% 5/15/38      80,000.00     Shares        100,078        102,278  
   CONOCOPHILLIPS 6.5% 2/01/39      70,000.00     Shares        88,362        88,473  
   CONSTELATION ENERGY5.15% 12/20      125,000.00     Shares        138,075        135,037  
   CONTINENTAL OK 5% 9/15/22      85,000.00     Shares        84,937        85,798  
   RABOBK NEDERLND 3.95% 11/09/22      250,000.00     Shares        262,088        256,894  
   COX COMM 3.35% 9/15/26 144A      115,000.00     Shares        114,554        109,654  
   CROWN CASTLE 3.7% 6/15/26      90,000.00     Shares        89,726        88,211  
   CUMMINS INC 4.875% 10/01/43      120,000.00     Shares        132,666        133,246  
   DISCOVER BANK 4.25% 03/13/26      250,000.00     Shares        251,320        254,329  
   DISH DBS 5.125% 5/1/20      75,000.00     Shares        75,188        77,625  
   DOMTAR CORP 6.75% 02/15/44      190,000.00     Shares        206,448        192,701  
   DYNEGY INC 8% 01/15/25 144A      55,000.00     Shares        55,300        51,563  
   ELECTRICITE DE PERP 12/49 144A      160,000.00     Shares        165,800        150,400  
   EBAY INC 3.8% 03/09/2022      155,000.00     Shares        154,784        159,977  
   ENDO FIN CO 5.75% 1/15/22 144A      90,000.00     Shares        92,205        79,425  
   ENLINK MIDSTRM LP 4.15% 6/25      140,000.00     Shares        137,284        135,719  
   FEDEX CORP 3.25% 04/01/2026      120,000.00     Shares        119,755        119,004  
   FIRSTENERGY 4.35% 01/25 144A      130,000.00     Shares        135,715        134,344  

 

7


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Page 8 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   FORD MTR CR LLC 4.25% 9/20/22      210,000.00     Shares        222,119        216,127  
   FRONTIER COMM 8.5% 4/15/20      80,000.00     Shares        85,880        84,000  
   GEO GROUP INC 6% 04/15/26      65,000.00     Shares        66,138        63,863  
   GENERAL ELECTRIC 5.0%/VAR PERP      469,000.00     Shares        422,100        486,681  
   GENWORTH HLDGS 4.8% 02/15/24      55,000.00     Shares        48,247        44,825  
   GOLDMAN SACHS GP 5.75% 1/24/22      360,000.00     Shares        414,360        404,334  
   GOLDMAN SCHS GRP INC 4% 3/3/24      390,000.00     Shares        411,405        404,135  
   GOLDMAN SACH GP 4.25% 10/21/25      85,000.00     Shares        84,405        86,231  
   GOLDMAN SACHS GROUP STEP PERP      90,000.00     Shares        90,000        86,288  
   GUITR CN INC 6.5% 4/15/19 144A      45,000.00     Shares        41,288        40,838  
   HSBC HLDGS PLC 6.8% 6/01/38      190,000.00     Shares        243,755        240,241  
   HARMAN INTL IND 4.15% 05/15/25      165,000.00     Shares        165,774        170,137  
   HESS CORP 3.5% 7/15/24      80,000.00     Shares        78,254        76,909  
   HP ENTERPRISE CO VAR 10/15/25      255,000.00     Shares        253,067        262,015  
   HOLLY ENR PRTN 6% 08/24 144A      45,000.00     Shares        45,000        46,913  
   INTL PAPER CO GLB 8.7 6/15/38      145,000.00     Shares        202,336        209,391  
   JPMC CO 6.4% 5/15/38      110,000.00     Shares        139,787        142,310  
   JPMORGAN CHASE 3.2% 1/25/23      125,000.00     Shares        125,023        126,265  
   JPM CHASE 6.75% PERP      245,000.00     Shares        267,026        263,988  
   JPMORGAN CHASE 2.95% 10/01/26      95,000.00     Shares        89,441        90,538  
   KINDER MORGAN 4.25% 09/01/24      105,000.00     Shares        105,177        107,325  
   KRAFT HEINZ CO 4.375% 6/1/46      125,000.00     Shares        124,605        117,389  
   L3 COMM 3.85% 12/15/26      110,000.00     Shares        109,438        109,178  
   LYB INTL FIN BV 4.0% 07/15/23      170,000.00     Shares        178,852        176,915  
   HOLCIM US FI 3.5% 9/22/26 144A      200,000.00     Shares        199,832        193,494  
   LAND O LAKES INC 8% PERP 144A      125,000.00     Shares        125,000        127,500  
   LAZARD GROUP LLC 3.625% 3/1/27      290,000.00     Shares        288,750        275,129  
   LENNAR CORP 4.75% 04/01/21      50,000.00     Shares        50,000        51,625  
   LEVEL 3 FIN 5.25% 3/15/26 144A      90,000.00     Shares        90,000        89,100  
   LEVI STRAUSS & CO 5% 5/1/25      100,000.00     Shares        97,000        100,000  
   LIBERTY MUTUAL 4.95% 5/22 144A      405,000.00     Shares        441,503        441,457  
   LIFEPOINT 5.375% 5/1/24 144A      60,000.00     Shares        60,038        58,770  
   MGM RESORTS INTL 6.0% 03/15/23      65,000.00     Shares        67,600        70,200  
   MPLX LP 4.875% 06/01/25      155,000.00     Shares        158,892        159,168  
   MARTIN MARIETTA MAT 4.25% 7/24      150,000.00     Shares        150,357        152,229  
   MARTIN PRT/FIN 7.25% 2/21      35,000.00     Shares        35,035        34,563  
   MDAMERICAN ENR 6.125% 4/01/36      160,000.00     Shares        193,136        199,519  
   MILLICOM INTL 6.625 10/21 144A      90,000.00     Shares        95,733        94,458  
   MORGAN STANLEY 4% 07/23/25      425,000.00     Shares        448,154        435,058  
   MORGAN STANLEY 5.5% 7/28/21      195,000.00     Shares        222,984        215,899  
   MORGAN STANLEY 3.95% 04/23/27      315,000.00     Shares        299,086        311,344  
   NCR CORP NEW 6.375% 12/15/23      80,000.00     Shares        83,360        86,000  
   NABORS INDUS 5.5% 1/15/23 144A      120,000.00     Shares        120,750        124,950  
   NBCUNIVERSAL MEDIA 2.875% 1/23      175,000.00     Shares        180,623        174,405  
   NBCUNIVERSAL ME 4.45% 1/15/43      170,000.00     Shares        168,842        173,385  
   NEWELL RUBBERMAID 4.2% 4/1/26      130,000.00     Shares        132,899        135,506  
   NORDEA BANK AB 6.125 PERP 144A      200,000.00     Shares        205,960        193,540  
   NOVA CHEMICALS 5.25% 8/23 144A      105,000.00     Shares        108,413        106,050  
   SFR GROUP SA 6.0% 5/15/22 144A      60,000.00     Shares        61,050        61,575  
   ORIGIN ENGY 3.5% 10/09/18 144A      200,000.00     Shares        204,738        202,316  
   OWENS CORNING 4.2% 12/15/22      200,000.00     Shares        205,808        207,483  
   PACIFIC LIFECRP 6% 2/20 144A      170,000.00     Shares        192,923        183,572  
   PACKAGING CORP 3.65% 09/15/24      120,000.00     Shares        119,611        120,350  
   PENTAIR FINANCE 4.65% 9/15/25      150,000.00     Shares        149,739        153,661  
   PETRO-CANADA 6.8% 5/15/38      105,000.00     Shares        136,072        135,950  

 

8


Table of Contents

Page 9 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
   PEMEX 5.375% 03/13/22 144A      130,000.00     Shares        129,280        133,117  
   PIEDMONT OPERTG 4.45% 03/15/24      185,000.00     Shares        190,276        184,066  
   PILGRIMS PRIDE 5.75% 3/25 144A      65,000.00     Shares        66,287        64,838  
   PLATFORM SPECLTY 6.5 2/22 144A      100,000.00     Shares        104,730        100,750  
   POLYONE CORP 5.25 3/15/23      90,000.00     Shares        91,575        91,350  
   PRINCIPAL FN GR 4.75%/VAR 5/55      180,000.00     Shares        179,978        176,400  
   PRUDENTIAL FN 5.2%/VAR 3/15/44      165,000.00     Shares        166,219        163,048  
   PULTE GROUP INC 5.5% 03/01/26      65,000.00     Shares        65,000        64,513  
   QUEST DIAGNOSTI 4.25% 04/01/24      145,000.00     Shares        151,412        151,065  
   QWEST CORP 6.75% 12/01/21      165,000.00     Shares        185,757        179,025  
   REALOGY GROUP 5.25% 12/21 144A      85,000.00     Shares        85,213        87,125  
   RELIANCE HDG USA 5.4 2/22 144A      250,000.00     Shares        270,253        270,276  
   RESOLUTE FST PROD 5.875% 05/23      135,000.00     Shares        123,930        121,500  
   REYNOLDS GRP 5.125% 7/23 144A      75,000.00     Shares        75,188        76,594  
   ROCK TENN COMP 4.9% 3/22      205,000.00     Shares        222,681        222,535  
   ROYAL BK SC 6.1% 6/10/23      105,000.00     Shares        113,881        109,798  
   SES 3.6% 04/04/23 144A      160,000.00     Shares        164,085        156,064  
   SABINE PASS 5.625% 2/1/21      180,000.00     Shares        187,200        192,600  
   SANTANDER UK PLC 5% 11/23 144A      200,000.00     Shares        209,728        203,465  
   SIGNET UK FINAN 4.7% 06/15/24      275,000.00     Shares        282,051        263,245  
   SOCGEN 5% 01/17/24 144A      240,000.00     Shares        246,223        243,445  
   SOFTBANK CRP 4.5% 4/15/20 144A      100,000.00     Shares        102,950        102,500  
   SOUTHWESTERN EN 4.1% 3/22      95,000.00     Shares        94,990        89,756  
   SPRINT CORP 7.25% 9/15/21      65,000.00     Shares        65,617        69,063  
   SPRINT SPECTRM 3.36% 9/21 144A      200,000.00     Shares        199,997        200,374  
   STANDARD CHART 5.7% 03/44 144A      200,000.00     Shares        218,448        199,408  
   SUNTRUST BNK 5.625% VAR PRP F      140,000.00     Shares        142,100        143,325  
   SYMETRA 4.25% 07/15/24      105,000.00     Shares        106,882        103,633  
   SYNCHRONY FIN 4.25% 08/15/24      165,000.00     Shares        167,143        167,769  
   SYSCO CORP 3.3% 07/15/2026      135,000.00     Shares        134,491        132,284  
   T-MOBILE USA INC 6.731% 4/22      120,000.00     Shares        127,740        125,400  
   TARGA RES LP/FI 4.25% 11/15/23      60,000.00     Shares        57,825        57,375  
   TENET HEALTH 4.375% 10/01/21      20,000.00     Shares        19,900        19,825  
   TENET HEALTH 7.5% 1/1/22 144A      30,000.00     Shares        30,350        31,275  
   TEVA PHARM NE 3.15% 10/01/26      140,000.00     Shares        139,628        128,876  
   TIME WARNER INC 3.875% 1/15/26      130,000.00     Shares        129,936        129,960  
   TOTAL SYSTEM SE 3.75% 06/01/23      195,000.00     Shares        195,382        193,474  
   TRANSOCEAN INC VAR 10/15/22      80,000.00     Shares        64,487        70,200  
   TRIBUNE MEDIA 5.875% 7/15/22      85,000.00     Shares        84,150        86,381  
   21ST CENTY FOX 6.65% 11/15/37      285,000.00     Shares        353,466        350,177  
   TYSON FOODS INC 3.95% 08/15/24      160,000.00     Shares        163,694        162,818  
   UNITED RENTALS NRT 5.875% 9/26      30,000.00     Shares        30,000        30,863  
   UNITED HEALTH 4.75% 7/15/45      100,000.00     Shares        101,543        109,941  
   UNITYMEDIA 6.125% 1/25 144A      60,000.00     Shares        62,624        61,649  
   UNUM GROUP 4% 03/15/24      115,000.00     Shares        119,183        115,336  
   VALERO ENERGY CO 3.4% 9/15/26      140,000.00     Shares        138,290        133,922  
   VERIZON COMM 4.862% 8/21/46      135,000.00     Shares        147,523        136,527  
   VERIZON COM 3.5% 11/01/24      215,000.00     Shares        214,124        214,044  
   VERIZON COMM 4.125% 8/15/46      100,000.00     Shares        99,946        90,318  
   VOYA FIN INC 3.65% 6/15/26      120,000.00     Shares        119,650        117,163  
   WESTERN DIGI 7.375% 4/23 144A      80,000.00     Shares        81,218        87,999  
   WOODSIDE FIN 3.65% 3/5/25 144A      140,000.00     Shares        135,663        136,588  
   WYNN MACAU 5.25% 10/15/21 144A      140,000.00     Shares        136,324        141,049  
   XSTRATA FIN 6.9% 11/15/37 144A      60,000.00     Shares        67,320        65,840  
   XLIT LTD 4.45% 03/31/2025      220,000.00     Shares        218,954        217,872  

 

9


Table of Contents

Page 10 of 10

Ameren Corporation Savings Investment Plan

SCHEDULE H, Line 4i - SCHEDULE OF ASSETS (HELD AT END OF YEAR)

December 31, 2016

 

 

Name of plan sponsor: Ameren Corporation

Employer identification number: 43-1723446

Three-digit plan number: 003

 

(a)    (b)    (c)    (d)      (e)  
     Identity of issue, borrower,        Description of investment including maturity date,               Current  

 

  

lessor, or similar party

   rate of interest, collateral, par, or maturity value    Cost      value  
            

 

 

    

 

 

 
  

Total Corporate debt securities

            25,892,591        25,756,145  
            

 

 

    

 

 

 
  

Other Debt Securities

            
   MEXICO GOVT 8.5% 12/13/18      3,700,000.00     Shares        4,121,960        183,650  
   BACM 2015-UBS7 D 3.167% 9/48      160,000.00     Shares        117,675        121,000  
   COMM 2016-STAV B 0% 10/34 144A      210,000.00     Shares        210,000        210,988  
   CWALT 2003-J3 1A3 5.25% 11/33      159,530.33     Shares        161,425        161,233  
   GAAFT 16-T1 DT1 4.0575% 10/48      130,000.00     Shares        129,999        128,972  
   GPPT 14-GPP A 1ML+.95% 02/      232,924.17     Shares        233,070        233,430  
   GSMS 14-GSFL C 1ML+225 7/31      280,000.00     Shares        280,000        277,721  
   GSMS 2015-GC32 D 3.345% 07/48      225,000.00     Shares        163,863        167,475  
   MSBAM 15-C22 D 4.24368% 05/46      140,000.00     Shares        111,464        107,714  
   WFCM 15-C26 D 3.586% 02/48 144      155,000.00     Shares        108,791        109,418  
   WFCM 2015-C29 A4 3.637% 06/48      300,000.00     Shares        306,633        309,533  
   WFRBS 2013-C15 D CSTR 8/46      160,000.00     Shares        146,675        139,955  
   BAYV 2006-D 1A3 5.932% 12/36      125,440.21     Shares        124,499        125,802  
   COMET 2016-A4 A4 1.33% 6/15/22      540,000.00     Shares        531,816        532,757  
   CCCIT 2014-A1 A1 2.88% 01/23      375,000.00     Shares        383,921        384,675  
   CAH 14-1A B 1ML+135 05/31      350,000.00     Shares        338,297        348,458  
   CSH 16-1A D 1193476+3.1% 07/33      145,000.00     Shares        145,000        147,267  
   IHSFR 14-SFR1 B 1ML+150 6/31      350,000.00     Shares        339,637        349,580  
   IHSFR 14-SFR1 D 1ML+260 6/31      175,000.00     Shares        177,208        174,999  
   NRART 16-T1 DT1 4.3768% 06/49      220,000.00     Shares        220,000        219,206  
   OMART 2016-T2 DT2 4.45% 08/49      225,000.00     Shares        225,000        224,507  
   DALLAS TX DART 5% 12/01/46      205,000.00     Shares        228,719        229,680  
   MA ST 5% 12/01/36      275,000.00     Shares        315,222        320,029  
   NYC TFA (PIT) 5% 02/01/35      80,000.00     Shares        90,588        91,462  
   NYC TFA (PIT) 5% 05/01/36      75,000.00     Shares        84,900        85,804  
   NYS DORM PIT 5% 02/15/39      115,000.00     Shares        129,057        131,291  
   US 5YR NOTE(CBT)FUT MAR17 FVH7      (3.00   Shares        —          (492
   US 10YR NOTE (CBT)MAR17 TYH7      (19.00   Shares        —          (6,532
   US ULTRA BOND FUT MAR17 WNH7      (3.00   Shares        —          (2,906
   CME CDX CXPHY527 5% 12/20/21      (1,500,000.00   Shares        —          (1,209
   US LONG BOND(CBT) MAR17 USH7      2.00     Shares        —          1,500  
   CITI CDX NA HY 27 BP 12/21 CME      1,500,000.00     Shares        —          1,210  
            

 

 

    

 

 

 
  

Total Other Debt Securities

            9,425,419        5,508,177  
            

 

 

    

 

 

 
  

Notes Receivable

            

* / **

  

Participants

     Participant Loans      33,187,004        33,187,004  
            

 

 

    

 

 

 
             $ 1,919,647,724      $ 2,127,004,396  
            

 

 

    

 

 

 

 

* Investment represents allowable transaction with a party-in-interest.
** Interest rates vary from 4.00% to 10.50% on loans maturing through 2027.

 

10


Table of Contents

SIGNATURE

The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustee (or other persons who administer the employee benefit plan) has duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

 

AMEREN CORPORATION
SAVINGS INVESTMENT PLAN
AMEREN SERVICES COMPANY
            (Administrator)
By  

            /s/ Martin J. Lyons, Jr.

                   Martin J. Lyons, Jr.
                Chairman and President
            Ameren Services Company

June 23, 2017


Table of Contents

EXHIBIT INDEX

 

Exhibit No.

  

Description

23.1    Consent of Independent Registered Public Accounting Firm

 

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