11-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISISION

WASHINGTON, DC 20549

 

 

FORM 11-K

 

 

 

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

FOR THE FISCAL YEAR ENDED DECEMBER 31, 2015

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

 

 

 

Ameren Corporation

Savings Investment Plan

Financial Statements and Supplemental Schedule

December 31, 2015 and 2014

Ameren Corporation

Savings Investment Plan

Index

 

Report of Independent Registered Public Accounting Firm

  

December 31, 2015 and 2014

      1   

Financial Statements

   

Statements of Net Assets Available for Benefits

  

December 31, 2015 and 2014

      2   

Statements of Changes in Net Assets Available for Benefits

  

Years Ended December 31, 2015 and 2014

      3   

Notes to Financial Statements

  

December 31, 2015 and 2014

      4-14   

Supplemental Schedule*

   

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

  

December 31, 2015

      1-9   

 

* 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.

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, 2015 and 2014 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, 2015 and 2014 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, 2015 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 22, 2016

 

1

Ameren Corporation

Savings Investment Plan

Statements of Net Assets Available for Benefits

December 31, 2015 and 2014

 

 

     2015     2014  

Assets

     

Investments, at fair value

    $ 1,644,525,649      $ 1,715,492,480   

Investments, at contract value

      283,716,698        270,646,751   
  

 

 

    

 

 

  

Total investments

      1,928,242,347        1,986,139,231   
  

 

 

    

 

 

  

Cash

      (34,858 )      1,376,760   

Receivables

     

Notes receivable from participants

      34,637,440        34,286,429   

Participant contributions

      1,507,524        1,207,220   

Employer contributions

      513,140        408,803   

Dividends and interest

      577,701        543,657   

Due from brokers for securities sold

      10,661,338        2,572,524   
  

 

 

    

 

 

  

Total receivables

      47,897,143        39,018,633   
  

 

 

    

 

 

  

Total assets

      1,976,104,632        2,026,534,624   
  

 

 

    

 

 

  

Liabilities

     

Accrued expenses

      391,501        512,195   

Due to brokers for securities purchased

      9,762,293        2,737,609   
  

 

 

    

 

 

  

Total liabilities

      10,153,794        3,249,804   
  

 

 

    

 

 

  

Net assets available for benefits

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

 

 

    

 

 

  

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

 

2

Ameren Corporation

Savings Investment Plan

Statements of Changes in Net Assets Available for Benefits

Years Ended December 31, 2015 and 2014

 

 

     2015     2014  

Additions:

     

Investment income/(loss)

     

Interest and dividends

    $ 24,706,214      $ 19,487,310   

Net appreciation/(depreciation) in fair value of investments

      (37,457,301 )      133,252,528   
  

 

 

    

 

 

  

Total investment income/(loss)

      (12,751,087 )      152,739,838   
  

 

 

    

 

 

  

Interest on notes receivable from participants

      1,405,566        1,360,540   

Participant contributions

      81,725,541        75,475,166   

Employer contributions

      29,153,939        27,956,504   
  

 

 

    

 

 

  

Total additions

      99,533,959        257,532,048   
  

 

 

    

 

 

  

Deductions:

     

Benefits paid to participants

      153,600,149        151,955,091   

Administrative expenses

      3,267,792        3,227,572   
  

 

 

    

 

 

  

Total deductions

      156,867,941        155,182,663   
  

 

 

    

 

 

  

Net increase/(decrease)

      (57,333,982 )      102,349,385   

Net assets available for benefits

     

Beginning of year

      2,023,284,820        1,920,935,435   
  

 

 

    

 

 

  

End of year

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

 

 

    

 

 

  

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

 

3

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

 

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.

 

4

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

The Plan permits “catch-up” contributions for all employees age 50 and older. Eligible employees could contribute $6,000 and $5,500 in 2015 and 2014, respectively, 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.

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, 2015 and 2014, 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 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.

 

5

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

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, 2015 and 2014. 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.

 

6

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

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 flat dollar fees that are assessed to all Participants quarterly. 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 12% of investments at December 31, 2015 and December 31, 2014.

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 is currently assessing the impacts of this guidance on the Plan’s disclosures.

In July 2015, the Financial Accounting Standards Board issued ASU 2015-12, Plan Accounting: Defined Benefit Pension Plans (Topic 960), Defined Contribution Pension Plans (Topic 962), Health and Welfare Benefit Plans (Topic 965): (Part I) Fully Benefit-Responsive Investment Contracts, (Part II) Plan Investment Disclosures, (Part III) Measurement Date Practical Expedient. Part I eliminates the requirements to measure the fair value of fully benefit-responsive investment contracts and provide certain disclosures. Contract value is the only required measure for fully benefit-responsive investment contracts. Thus, on the statements of net assets available for benefits at December 31, 2014, investments at fair value was reduced by the previously

 

7

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

reported fair value of the fully-benefit responsive investment contracts, $271,318,703, and the adjustment from fair value to contract value for fully benefit-responsive investment contracts of $(671,952) was eliminated; the net of these adjustments resulted in recording $270,646,751 of investments at contract value at December 31, 2014. Also, Note 3 Fair Value Measurements at December 31, 2014 now excludes the previously reported fair value of the fully benefit-responsive investment contracts, $271,318,703. Part II eliminates the requirements to disclose individual investments that represent 5 percent or more of net assets available for benefits and the net appreciation or depreciation in fair value of investment by general type. Part II also simplifies the level of disaggregation of investments that are measured using fair value. Plans will continue to disaggregate investment that are measured using fair value by general type; however, plans are no longer required to disaggregate investments by nature, characteristics and risks. Further, the disclosure of information about fair value measurements shall be provided by general type of plan asset. Part III is not applicable to the Plan. The ASU is effective for fiscal years beginning after December 15, 2015, with early adoption permitted. Parts I and II are to be applied retrospectively. Management has elected to adopt Parts I and II early. The adoption of this standard had no effect on the Plan’s net assets available for benefits or changes therein.

 

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.

 

8

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

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 2015.

 

  •   Margin deposit account and overnight deposit instrument: 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 is held as part of an investment strategy to outperform the Russell 2500 Growth Index.

 

  •   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

 

9

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

 

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 (Level 2 inputs). The investment objectives of the collective trust funds are as follows: for the short-term investment fund, providing safety of principal, daily liquidity and a competitive yield over the long term through investing in a diversified portfolio of U.S. dollar-denominated securities; for the equity and fixed income funds, tracking or outperforming their respective benchmark indices; and for the target retirement funds, providing exposure to markets from around the world in one fund, with each fund becoming more conservative as it moves toward its target date.

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)		      Significant Other
Unobservable
Inputs
(Level 3)		      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       $ 1,029,007,749       $ —         $ 1,644,525,649   
  

 

 

     

 

 

     

 

 

     

 

 

  

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, 2014:

 

     Quoted Prices In
Active Markets for
Identified Assets
(Level 1)		      Significant Other
Observable
Inputs
(Level 2)		      Significant Other
Unobservable
Inputs
(Level 3)		      Total  

Overnight deposit instrument

    $ —         $ 1,659,190       $ —         $ 1,659,190   

Common stocks-Plan sponsor stock

      248,306,627         —           —           248,306,627   

Common stocks-other than Plan sponsor stock

      187,298,820         —           —           187,298,820   

Collective trust funds

      —           1,008,243,185         —           1,008,243,185   

Mutual funds

      269,984,658         —           —           269,984,658   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total assets reported at fair value

    $ 705,590,105       $ 1,009,902,375       $ —         $ 1,715,492,480   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

10

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

The Plan does not hold any investments requiring Level 3 measurements, and there have not been any transfers between measurement input levels in 2015 or 2014.

 

4. Fully Benefit-Responsive Investment Contracts

In February 2014, the Plan invested in a stable value account that is separately 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 $283,716,698 and $270,646,751 at December 31, 2015 and December 31, 2014, 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”)

 

  •   New York Life Insurance Company (“NYL”)

 

  •   Massachusetts Mutual Life Insurance Company (“Mass Mutual”)

 

  •   Metropolitan Life Insurance Company (“Met Life”)

The underlying investments of the AGL, Prudential, and NYL contracts are holdings in collective trust funds. 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

 

11

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

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;

 

  •   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.

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, 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.

 

12

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

At December 31, 2014, the Plan held 5,382,758 shares of Company common stock with a cost and fair value of $188,255,416 and $248,306,627, respectively. During 2014, the Plan purchased 676,200 shares at a cost of $27,122,220 and sold 863,800 shares valued at $35,008,574.

Dividend income from Company common stock was $10,865,043 and $8,501,427 for the years ended December 31, 2015 and December 31, 2014, respectively.

At December 31, 2015 and December 31, 2014, the Plan held shares in the Fidelity Management Trust Company Institutional Cash Portfolio. This portfolio is managed by the Trustee, and therefore, qualifies 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 $1,060,655 and $1,094,988 for the years ended December 31, 2015 and December 31, 2014, respectively.

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, 2015 and 2014:

 

     2015      2014  

Net assets available for benefits per the financial statements

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

Amounts allocated to deemed distributions of notes receivable from Participants

      (1,233,481 )       (1,172,844 ) 

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

      (609,075 )       671,952   
  

 

 

     

 

 

  

Net assets available for benefits per the Form 5500

    $ 1,964,108,282       $ 2,022,783,928   
  

 

 

     

 

 

  

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.

 

13

Ameren Corporation

Savings Investment Plan

Notes to Financial Statements

December 31, 2015 and 2014

 

 

The following is a reconciliation of net decrease in net assets available for benefits per the financial statements to net loss per the Form 5500 for the year ended December 31, 2015:

 

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

    $ (57,333,982 ) 

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

      (609,075 ) 

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

      (671,952 ) 

Add: Net decrease in defaulted notes receivable from Participants

      30,230   

Less: Interest income of defaulted notes receivable from Participants

      (90,867 ) 
  

 

 

  

Total net loss per the Form 5500

    $ (58,675,646 ) 
  

 

 

  

 

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 believe that the Plan is designed and is currently being operated in compliance with the applicable requirements of the Code.

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, 2015 and 2014, 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 2012.

 

14

Page 1 of 9

 

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
   Interest-bearing Cash         
   State Street Global Advisors    SSGA Short Term Investment Fund    $ 12,450,962       $ 12,450,962   
   Citi Global Markets Futures Cash Collateral    43,760.000000 Shares      43,760         43,760   
   Citi Global Markets Swap Collateral USD    170,000.000000 Shares      170,000         170,000   
        

 

 

     

 

 

  
  

Total Interest-bearing Cash

         12,664,722         12,664,722   
        

 

 

     

 

 

  
   Mutual Funds         
   American Funds Group    EuroPacific Growth Fund      104,011,919         113,887,387   
   RBC Global Asset Management    RBC BlueBay Absolute Return Fund      12,553,702         11,899,581   
   Sands Capital Management    Touchstone Sands Capital Institutional Growth Fund      51,570,570         55,262,083   
*    Fidelity Management Trust Company    FMTC Institutional Cash Portfolio      17,488,313         17,488,313   
        

 

 

     

 

 

  
  

Total Mutual Funds

         185,624,504         198,537,364   
        

 

 

     

 

 

  
   Collective Investment Trusts         
   Allianz Global Investors Fund Management    AllianzGI NFJ Dividend Value CIT      97,216,501         118,125,799   
   Nuveen Fund Advisors    NWQ Small/Mid Cap Value Fund      58,145,950         75,363,638   
   Wells Fargo Bank, N.A.    Wells Fargo Fixed Income Fund F      93,566,133         95,215,645   
   Wells Fargo Bank, N.A.    Wells Fargo Fixed Income Fund L      20,597 ,980         21,403,698   
   Wells Fargo Bank, N.A.    Wells Fargo Fixed Income Fund N      26,627,939         27,484,420   
   Wells Fargo Bank, N.A.    Wells Fargo Fixed Income Fund Q      36,281,427         37,003,340   
   BlackRock Institutional Trust Company, N.A.    BlackRock Equity Index Fund      133,216,176         203,586,217   
   BlackRock Institutional Trust Company, N.A.    BlackRock Russell 2500 NL Fund      95,614,955         125,073,623   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2020 Fund      75,838,090         85,456,807   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2025 Fund      63,974,622         73,199,887   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2030 Fund      41,579,417         48,066,552   
   BlackRock Institutional Trust Company, N.A.    BlackRock MSCI ACWI ex-US IMI Index NL Fund      49,467,649         48,243,678   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL Retirement Fund      36,833,115         37,402,999   
   BlackRock Institutional Trust Company, N.A.    BlackRock US Debt Index NL Fund      46,291,069         47,341,168   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2035 Fund      21,639,887         25,095,873   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2040 Fund      19,298,356         22,255,422   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2045 Fund      18,501,487         21,024,541   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2050 Fund      15,685,111         18,055,471   
   BlackRock Institutional Trust Company, N.A.    BlackRock TIPS Bond Index Fund      13,037,620         12,857,323   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2055 Fund      8,171,882         8,461,538   
   BlackRock Institutional Trust Company, N.A.    BlackRock LifePath Index NL 2060 Fund      230,208         231,832   
        

 

 

     

 

 

  
  

Total Collective Investment Trusts

         971,815,574         1,150,949,471   
        

 

 

     

 

 

  
   Pooled Separate Accounts         
   Massachusetts Mutual Life Ins. Co.    Separate Account #SB43      34,948,360         34,709,193   
        

 

 

     

 

 

  
   Insurance Company Separate Accounts         
   Metropolitan Life Ins Co.    Separate Account #690      32,804,044         33,562,353   
   Metropolitan Life Ins Co.    Separate Account #695      32,686,714         33,728,974   
        

 

 

     

 

 

  
  

Total Insurance Company Separate Accounts

         65,490,758         67,291,327   
        

 

 

     

 

 

  
   Common Stocks         
*    Ameren Corporation    5,268,795.000000 Shares      189,208,773         227,770,008   
   TENCENT HOLDINGS LIMITED    63,081.000000 Shares      1,108,734         1,241,263   
   ALLERGAN PLC    5,262.000000 Shares      1,486,805         1,644,375   
   ATLASSIAN CORP PLC CLS A    1,425.000000 Shares      29,925         42,864   
   NXP SEMICONDUCTORS NV    9,920.000000 Shares      977,145         835,760   
   ABBOTT LABORATORIES    50,944.000000 Shares      1,964,211         2,287,895   
   ADOBE SYSTEMS INC    20,389.000000 Shares      1,228,817         1,915,343   
   ALEXION PHARMACEUTICALS    9,935.000000 Shares      1,413,307         1,895,101   
   ALIBABA GROUP HLD SPON AD    20,030.000000 Shares      1,625,536         1,627,838   

 

1

Page 2 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

ALPHABET INC CL C

    3,836.000000 Shares      1,684,493         2,911,064   
  

ALPHABET INC CL A

    3,411.000000 Shares      1,381,962         2,653,792   
  

AMAZON.COM INC

    7,696.000000 Shares      2,090,382         5,201,649   
  

AMERICAN TOWER CORP

    11,572.000000 Shares      884,667         1,121,905   
  

ANADARKO PETROLEUM CORP

    4,465.000000 Shares      326,226         216,910   
  

APPLE INC

    33,091.000000 Shares      3,096,627         3,483,159   
  

BIOMARIN PHARMACEUTICAL

    10,818.000000 Shares      779,789         1,133,294   
  

BIOGEN INC

    4,741.000000 Shares      817,866         1,452,405   
  

BOEING CO

    13,524.000000 Shares      1,184,589         1,955,435   
  

BRISTOL-MYERS SQUIBB CO

    31,960.000000 Shares      1,698,055         2,198,528   
  

CELGENE CORP

    15,164.000000 Shares      1,304,974         1,816,041   
  

CITIGROUP INC

    18,556.000000 Shares      1,101,583         960,273   
  

CONCHO RESOURCES INC

    8,937.000000 Shares      769,588         829,890   
  

COSTCO WHOLESALE CORP

    10,567.000000 Shares      1,098,156         1,706,571   
  

DISNEY (WALT) CO

    15,158.000000 Shares      831,607         1,592,803   
  

EOG RESOURCES INC

    14,393.000000 Shares      976,767         1,018,880   
  

FACEBOOK INC A

    38,281.000000 Shares      1,486,022         4,006,489   
  

FIREEYE INC

    7,623.000000 Shares      343,164         158,101   
  

FLEETCOR TECHNOLOGIES INC

    7,856.000000 Shares      985,545         1,122,858   
  

GOLDMAN SACHS GROUP INC

    4,969.000000 Shares      691,390         895,563   
  

HOME DEPOT INC

    5,510.000000 Shares      725,843         728,698   
  

ILLUMINA INC

    7,440.000000 Shares      465,250         1,428,071   
  

LENDINGCLUB CORP

    9,019.000000 Shares      172,207         99,660   
  

LINKEDIN CORP CL A

    8,094.000000 Shares      1,156,312         1,821,798   
  

MARRIOTT INTL INC A

    22,921.000000 Shares      1,416,560         1,536,624   
  

MASTERCARD INC CL A

    33,585.000000 Shares      1,713,755         3,269,836   
  

MCDONALDS CORP

    7,312.000000 Shares      823,029         863,840   
  

MCGRAW HILL FINANCIAL INC

    11,266.000000 Shares      997,044         1,110,602   
  

MICROSOFT CORP

    22,835.000000 Shares      1,242,139         1,266,886   
  

MONDELEZ INTL INC

    46,461.000000 Shares      1,510,814         2,083,311   
  

MONSANTO CO

    8,504.000000 Shares      782,566         837,814   
  

MORGAN STANLEY

    42,306.000000 Shares      1,379,516         1,345,754   
  

NETFLIX INC

    21,864.000000 Shares      1,185,853         2,500,804   
  

NIKE INC CL B

    44,208.000000 Shares      1,152,984         2,763,000   
  

PALO ALTO NETWORKS INC

    2,502.000000 Shares      436,061         440,702   
  

PRICELINE GROUP INC

    1,366.000000 Shares      934,718         1,741,582   
  

RED HAT INC

    21,277.000000 Shares      1,146,980         1,761,948   
  

REGENERON PHARMACEUTICALS

    2,644.000000 Shares      1,368,468         1,435,348   
  

SALESFORCE.COM INC

    27,562.000000 Shares      1,222,996         2,160,861   
  

SPLUNK INC

    17,724.000000 Shares      703,148         1,042,348   
  

STARBUCKS CORP

    29,560.000000 Shares      1,148,858         1,774,487   
  

TJX COMPANIES INC NEW

    15,584.000000 Shares      802,447         1,105,061   
  

TESLA MOTORS INC

    5,040.000000 Shares      872,804         1,209,650   
  

TIFFANY & CO

    10,752.000000 Shares      1,023,749         820,270   
  

TIME WARNER INC

    13,213.000000 Shares      1,147,528         854,485   
  

TRIPADVISOR INC

    11,875.000000 Shares      1,013,531         1,012,344   
  

TWITTER INC

    23,895.000000 Shares      950,429         552,930   
  

UNDER ARMOUR INC CL A

    17,913.000000 Shares      879,442         1,443,967   
  

VERTEX PHARMACEUTICALS

    4,144.000000 Shares      258,804         521,440   
  

VISA INC CL A

    40,186.000000 Shares      1,713,204         3,116,424   
  

WORKDAY INC CL A

    14,028.000000 Shares      971,606         1,117,751   
  

ALLEGION PLC

    13,400.000000 Shares      839,584         883,328   
  

MOBILEYE NV

    30,635.000000 Shares      1,393,404         1,295,248   
  

NORWEGIAN CRUISE LINE HLG

    7,000.000000 Shares      436,743         410,200   
  

AMC NETWORKS INC CL A

    8,650.000000 Shares      630,667         645,982   

 

2

Page 3 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

ACTIVISION BLIZZARD INC

    6,950.000000 Shares      164,347         269,034   
  

ADEPTUS HEALTH INC A

    5,326.000000 Shares      262,066         290,374   
  

AMERICAN EAGLE OUTFITTERS

    36,870.000000 Shares      625,720         571,485   
  

ANACOR PHARMACEUTICALS

    1,850.000000 Shares      206,338         208,995   
  

APOGEE ENTERPRISES INC

    9,150.000000 Shares      430,742         398,117   
  

ATHENAHEALTH INC

    1,300.000000 Shares      203,328         209,261   
  

BLUE BUFFALO PET PRODUCTS

    10,100.000000 Shares      231,432         188,971   
  

BOOZ ALLEN HAMILTON CL A

    9,000.000000 Shares      276,656         277,650   
  

BURLINGTON STORES INC

    4,501.000000 Shares      226,292         193,093   
  

CAVIUM INC

    3,400.000000 Shares      202,129         223,414   
  

COHERUS BIOSCIENCES INC

    6,857.000000 Shares      164,981         157,437   
  

COMMSCOPE HOLDING CO INC

    15,350.000000 Shares      458,417         397,412   
  

CRITEO SA SPNR ADR

    5,414.000000 Shares      219,290         214,394   
  

CYNOSURE INC CL A

    6,020.000000 Shares      230,933         268,913   
  

DEXCOM INC

    11,950.000000 Shares      678,014         978,705   
  

DYCOM INDUSTRIES INC

    6,950.000000 Shares      517,261         486,222   
  

E TRADE FINANCIAL CORP

    18,900.000000 Shares      577,151         560,196   
  

ESPERION THERAPEUTICS NEW

    14,093.000000 Shares      772,187         313,710   
  

EXPEDIA INC

    6,600.000000 Shares      766,717         820,380   
  

FIRST SOLAR INC

    7,000.000000 Shares      454,696         461,930   
  

FLOWERS FOODS INC

    11,600.000000 Shares      296,776         249,284   
  

FOOT LOCKER INC

    18,000.000000 Shares      1,179,268         1,171,620   
  

G-III APPAREL GROUP LTD

    14,190.000000 Shares      544,351         628,049   
  

GLOBAL PAYMENTS INC

    13,000.000000 Shares      541,240         838,630   
  

HABIT RESTAURANTS CL A

    7,107.000000 Shares      188,898         163,887   
  

HARMAN INTL IND INC NEW

    10,536.000000 Shares      1,031,249         992,597   
  

HEADWATERS INC

    35,902.000000 Shares      564,956         605,667   
  

HOLOGIC INC

    18,100.000000 Shares      738,660         700,289   
  

IDEXX LABS INC

    15,050.000000 Shares      1,133,952         1,097,446   
  

INFINERA CORP

    29,520.000000 Shares      550,501         534,902   
  

INTEGRATED DEVICE TECH

    34,355.000000 Shares      656,890         905,254   
  

INTERCEPT PHARMACEUTICALS

    1,803.000000 Shares      474,465         269,278   
  

INTRA-CELLULAR THERAPIES

    3,700.000000 Shares      155,783         199,023   
  

JETBLUE AIRWAYS CORP

    32,400.000000 Shares      837,906         733,860   
  

K2M GROUP HLDGS INC

    16,650.000000 Shares      361,859         328,671   
  

KNOLL INC

    8,150.000000 Shares      192,074         153,220   
  

STEVEN MADDEN LTD

    20,100.000000 Shares      755,922         607,422   
  

MASCO CORPORATION

    24,450.000000 Shares      648,849         691,935   
  

MIDDLEBY CORP

    3,970.000000 Shares      356,011         428,244   
  

MOHAWK INDUSTRIES INC

    2,300.000000 Shares      441,717         435,597   
  

MOLINA HEALTHCARE INC

    6,963.000000 Shares      463,986         418,685   
  

NEUROCRINE BIOSCIENCES

    3,800.000000 Shares      208,254         214,966   
  

NEVRO CORPORATION

    5,483.000000 Shares      288,014         370,157   
  

NEWELL RUBBERMAID INC

    12,000.000000 Shares      483,631         528,960   
  

NEWFIELD EXPLORATION CO

    9,750.000000 Shares      387,356         317,460   
  

NUANCE COMMUNICATIONS INC

    43,050.000000 Shares      767,885         856,265   
  

NVIDIA CORP

    19,550.000000 Shares      522,428         644,368   
  

OSI SYSTEMS INC

    5,800.000000 Shares      541,450         514,228   
  

PTC THERAPEUTICS INC

    10,400.000000 Shares      408,497         336,960   
  

PACIRA PHARMACE

    3,300.000000 Shares      238,358         253,407   
  

PANERA BREAD CO CL A

    1,200.000000 Shares      236,505         233,736   
  

PRIVATEBANCORP INC

    10,350.000000 Shares      362,934         424,557   
  

PROOFPOINT INC

    15,953.000000 Shares      503,263         1,037,105   
  

RACKSPACE HOSTING INC

    16,400.000000 Shares      433,040         415,248   
  

RINGCENTRAL INC CL A

    11,700.000000 Shares      279,507         275,886   

 

3

Page 4 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

SS&C TECH HLDGS INC

    2,500.000000 Shares      182,045         170,675   
  

SVB FINL GROUP

    5,400.000000 Shares      683,367         642,060   
  

SERVICENOW INC

    16,610.000000 Shares      841,231         1,437,762   
  

SIGNATURE BANK

    2,760.000000 Shares      369,133         423,301   
  

STAMPS.COM INC

    12,350.000000 Shares      738,051         1,353,684   
  

TEMPUR SEALY INTL INC

    9,450.000000 Shares      737,949         665,847   
  

TOLL BROTHERS INC

    12,550.000000 Shares      498,794         417,915   
  

TRACTOR SUPPLY CO.

    8,600.000000 Shares      677,121         735,300   
  

US CONCRETE INC C NEW

    8,701.000000 Shares      409,721         458,195   
  

ULTA SALON COSMETICS & FR

    6,600.000000 Shares      824,179         1,221,000   
  

ULTRAGENYX PHARMA INC

    1,700.000000 Shares      174,455         190,706   
  

UNDER ARMOUR INC CL A

    7,642.000000 Shares      503,339         616,022   
  

UNIVERSAL DISPLAY CORP

    4,621.000000 Shares      204,160         251,567   
  

VAIL RESORTS INC

    3,400.000000 Shares      423,304         435,166   
  

VANTIV INC

    4,400.000000 Shares      192,168         208,648   
  

VISTEON CORP

    3,700.000000 Shares      428,346         423,650   
  

VULCAN MATERIALS CO

    4,455.000000 Shares      288,055         423,091   
  

WELLCARE HEALTH PLANS INC

    9,700.000000 Shares      852,717         758,637   
  

WHITEWAVE FOODS CO CL A

    13,200.000000 Shares      497,015         513,612   
  

ZAYO GROUP HOLDINGS INC

    9,800.000000 Shares      266,833         260,582   
  

ZENDESK INC

    12,200.000000 Shares      309,668         322,568   
  

ZIONS BANCORP

    7,650.000000 Shares      234,232         208,845   
  

OM ASSET MANAGEMENT PLC

    26,187.000000 Shares      454,343         401,447   
  

FIRSTSERVICE CORP (US)

    23,092.000000 Shares      480,048         933,610   
  

ABIOMED INC

    6,290.000000 Shares      207,745         567,861   
  

AFFILIATED MANAGERS GRP

    6,040.000000 Shares      891,823         964,950   
  

ALIGN TECHNOLOGY INC

    13,247.000000 Shares      477,616         872,315   
  

ANSYS INC

    9,770.000000 Shares      770,466         903,725   
  

BALL CORP

    6,894.000000 Shares      501,376         501,401   
  

BOOZ ALLEN HAMILTON CL A

    29,013.000000 Shares      696,206         895,051   
  

BRUNSWICK CORP

    9,191.000000 Shares      496,742         464,237   
  

CBOE HOLDINGS INC

    15,410.000000 Shares      579,979         1,000,109   
  

CEB INC

    11,195.000000 Shares      683,442         687,261   
  

CAMBREX CORP

    15,170.000000 Shares      716,270         714,355   
  

CARRIZO OIL & GAS INC

    9,610.000000 Shares      460,031         284,264   
  

CELANESE CORP SER A

    12,760.000000 Shares      620,445         859,131   
  

CENTENE CORP

    7,783.000000 Shares      474,159         512,199   
  

CHOICE HOTELS INTL INC

    14,270.000000 Shares      756,300         719,351   
  

COLLIERS INTL GRP INC

    9.000000 Shares      292         402   
  

COLLIERS INTL GROUP (US)

    12,289.000000 Shares      317,969         547,475   
  

COSTAR GROUP INC

    4,583.000000 Shares      500,628         947,260   
  

CVENT INC

    18,040.000000 Shares      531,610         629,776   
  

DIAMONDBACK ENERGY INC

    7,360.000000 Shares      494,994         492,384   
  

DREW INDUSTRIES INC

    10,010.000000 Shares      469,284         609,509   
  

ENCORE CAP GROUP INC

    16,109.000000 Shares      576,774         468,450   
  

EXACT SCIENCES CORP

    44,510.000000 Shares      783,615         410,827   
  

EXAMWORKS GROUP INC

    12,150.000000 Shares      411,781         323,190   
  

FACTSET RESEARCH SYS INC

    3,871.000000 Shares      443,486         629,308   
  

FIRST CASH FIN SRVS INC

    11,793.000000 Shares      592,317         441,412   
  

GARTNER INC

    9,360.000000 Shares      593,572         848,952   
  

GUIDEWIRE SOFTWARE INC

    22,412.000000 Shares      911,257         1,348,306   
  

HEALTHCARE SVCS GROUP INC

    17,390.000000 Shares      447,329         606,389   
  

HEALTHSOUTH CORP

    24,626.000000 Shares      741,544         857,231   
  

HEXCEL CORPORATION

    14,400.000000 Shares      597,326         668,880   
  

HURON CONSULTING GROUP

    8,596.000000 Shares      515,603         510,602   

 

4

Page 5 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

IDEXX LABS INC

    8,366.000000 Shares      444,923         610,049   
  

INTERNATIONAL FLAVORS & F

    7,830.000000 Shares      770,232         936,781   
  

JARDEN CORP

    16,915.000000 Shares      488,920         966,185   
  

JONES LANG LASALLE INC

    4,487.000000 Shares      485,883         717,292   
  

J2 GLOBAL INC

    13,645.000000 Shares      669,470         1,123,256   
  

LIGAND PHARMACEUTICALS

    9,636.000000 Shares      546,357         1,044,735   
  

MANPOWERGROUP INC

    7,780.000000 Shares      447,644         655,776   
  

MAXIMUS INC

    13,423.000000 Shares      771,515         755,044   
  

MEDIVATION INC

    11,898.000000 Shares      471,930         575,149   
  

MEDNAX INC

    14,480.000000 Shares      822,418         1,037,637   
  

METTLER-TOLEDO INTL INC

    3,130.000000 Shares      751,195         1,061,477   
  

MIDDLEBY CORP

    6,334.000000 Shares      547,216         683,249   
  

NEUSTAR INC CL A

    31,892.000000 Shares      1,004,969         764,451   
  

NU SKIN ENTERPRISES CL A

    15,465.000000 Shares      668,674         585,969   
  

OLD DOMINION FREIGHT LINE

    15,974.000000 Shares      842,453         943,584   
  

PANDORA MEDIA INC

    24,077.000000 Shares      402,134         322,873   
  

POLARIS INDUSTRIES INC

    7,100.000000 Shares      773,212         610,245   
  

QUINTILES TRANSNATL HLDGS

    12,130.000000 Shares      743,065         832,846   
  

SBA COMM CORP CL A

    8,430.000000 Shares      642,048         885,740   
  

SALLY BEAUTY HLDGS INC

    22,210.000000 Shares      608,465         619,437   
  

SERVICEMASTER GLOBAL HLDG

    15,582.000000 Shares      459,529         611,438   
  

SIGNATURE BANK

    5,140.000000 Shares      524,865         788,322   
  

SIRONA DENTAL SYSTEMS INC

    7,689.000000 Shares      514,738         842,484   
  

SIX FLAGS ENTERTAINMENT

    21,330.000000 Shares      839,530         1,171,870   
  

STERICYCLE INC

    4,110.000000 Shares      403,509         495,666   
  

TORO CO

    7,740.000000 Shares      504,395         565,562   
  

TOWERS WATSON & CO CL A

    553.000000 Shares      58,869         71,038   
  

TRACTOR SUPPLY CO.

    7,440.000000 Shares      419,215         636,120   
  

TRANSDIGM GROUP INC

    2,701.000000 Shares      462,856         617,043   
  

2U INC

    18,718.000000 Shares      350,876         523,730   
  

TYLER TECHNOLOGIES INC

    4,590.000000 Shares      620,857         800,129   
  

ULTA SALON COSMETICS & FR

    4,870.000000 Shares      775,578         900,950   
  

VANTIV INC

    18,579.000000 Shares      581,639         881,016   
  

VIRTU FINANCIAL INC CL A

    16,927.000000 Shares      375,647         383,227   
  

WD 40 CO

    6,810.000000 Shares      575,160         671,807   
  

WNS HLDGS LTD SP ADR

    15,603.000000 Shares      269,099         486,657   
  

WILLIAMS-SONOMA INC

    7,120.000000 Shares      429,808         415,878   
  

ISHARES RUSSEL MIDCP GRWT

    2,590.000000 Shares      241,190         238,202   
  

ISHARES RUSSELL 2000 GR E

    6,700.000000 Shares      955,851         934,047   
  

ARM HOLDINGS PLC SPON ADR

    20,198.000000 Shares      823,988         913,758   
  

INDITEX SA UNSPN ADR

    86,265.000000 Shares      1,276,427         1,488,071   
  

NOVO-NORDISK AS CL B ADR

    27,212.000000 Shares      915,342         1,580,473   
  

SHIRE PLC SPON ADR

    9,858.000000 Shares      2,176,492         2,020,890   
        

 

 

     

 

 

  
  

Total Common Stocks

         338,631,318         416,296,273   
        

 

 

     

 

 

  
  

Limited Partnership

         
  

LAZARD LTD CL A

    15,400.000000 Shares      796,030         693,154   
        

 

 

     

 

 

  
  

U.S. Government Securities

         
  

BAYV 2006-D 1A3 5.932 6

    150,000.000000 Shares      148,875         149,588   
  

IHSFR 14-SFR1 D 1ML+261

    275,000.000000 Shares      278,470         270,523   
  

USTB 3.375% 05/15/44

    160,000.000000 Shares      179,888         171,381   
  

FHLG 30YR 3% 03/45#G08631

    789,417.645400 Shares      789,294         789,118   
  

FNMA 30YR 4% 03/45#AS4630

    703,041.576000 Shares      746,542         744,449   
  

FNMA 30YR 4.0 07/4 AS5380

    806,400.679700 Shares      862,219         855,156   

 

5

Page 6 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

FNCL 3.5% 2/1/45 #AX9530

    758,820.083400 Shares      780,873         783,475   
  

FNMA 30YR 3% 01/46 #TBA

    700,000.000000 Shares      701,540         700,035   
  

FNMA 30YR 3.5% 01/46 #TBA

    1,980,000.000000 Shares      2,046,716         2,042,398   
  

FNMA 30YR 4.5% 01/46 #TBA

    1,475,000.000000 Shares      1,593,519         1,592,965   
  

FNMA 30YR 4.0 12/0 AX4873

    541,448.657700 Shares      575,120         573,339   
  

FNMA 5.00% 5/38 #983077

    326,867.436700 Shares      361,597         360,310   
  

FNMA 30YR 3.5 01/0 MA2163

    747,988.928000 Shares      774,169         772,292   
  

GNII II 4% 01/46 #TBA

    1,050,000.000000 Shares      1,114,641         1,114,872   
  

BACM 2015- 3.167% 09/48

    160,000.000000 Shares      117,675         116,440   
  

CSMC 14-ICE C 1ML+155 7

    140,000.000000 Shares      139,913         138,466   
  

GSMS 14-GSFL C 1ML+2251

    280,000.000000 Shares      280,000         273,905   
  

NLY 2014-FL1 C 1ML+2600

    316,340.569600 Shares      316,735         315,061   
  

WFRBS 2013-C15 D CSTR 8/4

    160,000.000000 Shares      146,674         147,248   
        

 

 

     

 

 

  
  

Total U.S. Government Securities

         11,954,460         11,911,021   
        

 

 

     

 

 

  
  

Corporate debt securities

         
  

UBS 7.125 PERP-20 AT1 7%

    200,000.000000 Shares      210,500         209,500   
  

ADT CORP 6.25% 10/15/2021

    90,000.000000 Shares      96,975         94,010   
  

AFLAC INC 6.45% 8/15/40

    330,000.000000 Shares      413,477         404,768   
  

APT PIPELINE 3.875 1 144A

    100,000.000000 Shares      99,354         96,242   
  

AT&T INC 5.55% 8/15/41

    280,000.000000 Shares      293,829         281,152   
  

AECOM 5.75 10/15/2022 W/I

    95,000.000000 Shares      98,790         97,850   
  

AGRIUM INC 3.375 03/15/25

    200,000.000000 Shares      194,888         182,576   
  

ALCOA INC MTN 5.4 4/15/21

    170,000.000000 Shares      185,060         165,325   
  

ALLEGHENY TECH 5.875 83

    160,000.000000 Shares      167,122         94,400   
  

ALLSTATE CORP 5.75 8/53

    130,000.000000 Shares      140,595         133,640   
  

ALTRIA GROUP 2.85 8/09/22

    210,000.000000 Shares      205,430         204,757   
  

AMERICAN EXPRESS 5.2 VAN

    135,000.000000 Shares      135,844         132,806   
  

AMERICAN TOWER 5 2/24

    260,000.000000 Shares      279,201         275,237   
  

ANADARKO MTN 6.2% 3/15/40

    310,000.000000 Shares      358,890         285,200   
  

ANGLOGOLD HLDNGS MTN 6.5

    330,000.000000 Shares      311,814         219,450   
  

ANIXTER 5.125 10/01/2021

    95,000.000000 Shares      99,038         95,000   
  

APACHE CORP 4.25% 1/15/44

    150,000.000000 Shares      134,948         120,048   
  

APPLE INC 3.85% 5/4/43

    150,000.000000 Shares      136,974         138,206   
  

ARC PPTYS OPER 4.6 02/4

    150,000.000000 Shares      148,875         142,125   
  

ARCELORMITTAL MTN 7% 2/22

    160,000.000000 Shares      175,555         128,800   
  

BAE SYS 3.85 12/25 144A

    135,000.000000 Shares      133,407         133,727   
  

BNP PARIBAS VR 7.375 14P

    200,000.000000 Shares      200,000         205,250   
  

BNP PARIBAS 4.25 10/15/24

    245,000.000000 Shares      248,452         242,837   
  

BAC 6.25%/VAR PERP

    70,000.000000 Shares      71,502         70,175   
  

BANK AMER FDG 4 04/01/24

    680,000.000000 Shares      701,478         695,807   
  

BANK AMER 4.25 10/22/26

    480,000.000000 Shares      480,199         475,169   
  

BARCLAYSPLC 3.65 03/16/25

    285,000.000000 Shares      277,878         273,892   
  

BAXALTA 4.0 6/23/25 144A

    220,000.000000 Shares      218,513         217,832   
  

BECTON DICKINS 3.734 12N

    135,000.000000 Shares      137,402         136,239   
  

BROOKFIELD RESI 6.5 12/15

    135,000.000000 Shares      139,550         130,106   
  

CCO HLDGS LLC 5.125 2/15/

    140,000.000000 Shares      141,400         140,175   
  

CBS CORP 3.5% 01/15/25

    135,000.000000 Shares      130,954         128,786   
  

CIT GROUP 5.0 08/01/23

    165,000.000000 Shares      168,960         167,475   
  

CTP TRANSPORTAT 8.25 12P

    135,000.000000 Shares      143,606         140,738   
  

CALIFORNIA RES 5.5 9/21

    30,000.000000 Shares      28,494         9,450   
  

CALIF RES 8.0 12/15/ 1A

    80,000.000000 Shares      94,980         42,100   
  

CALUMET SPEC PD 6.5 041

    115,000.000000 Shares      115,840         100,050   
  

CAPITAL ONE BK 3.375 2/15

    335,000.000000 Shares      331,560         327,976   
  

CENOVUS ENERGY 3.8 9/15/2

    145,000.000000 Shares      145,808         131,352   

 

6

Page 7 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

CENTURYLINK 6.75 12/23 W

    200,000.000000 Shares      214,500         187,500   
  

CCO SAFARI II 4.908 18

    190,000.000000 Shares      190,000         189,813   
  

CHESAPEAKE 8 12/15/2 144A

    52,000.000000 Shares      91,997         25,480   
  

CITIGROUP 3.875 10/25/23

    220,000.000000 Shares      228,448         227,377   
  

CITIGROUP 3.75 06/16/24

    190,000.000000 Shares      195,014         193,509   
  

CITIGROUP 4.3% 11/26

    190,000.000000 Shares      191,763         189,183   
  

CITIGROUP 3.3 04/27/25

    240,000.000000 Shares      236,038         235,725   
  

COMCAST CORP 6.4% 5/15/38

    155 ,000.000000 Shares      193,900         192,386   
  

COMPUTER SCIENCE 4.45 9/1

    190,000.000000 Shares      195,464         194,918   
  

CONOCOPHILLIPS 6.5 2/01/3

    155,000.000000 Shares      195,658         163,336   
  

CONSTELATION ENERGY5.15 1

    125,000.000000 Shares      138,075         135,775   
  

CONTINENTAL OK 5% 9/15/22

    195,000.000000 Shares      194,856         143,813   
  

RABOBANK NEDERLAND 3.875

    285,000.000000 Shares      302,194         300,804   
  

COX COMM 3.25 12/15/ 144

    270,000.000000 Shares      246,375         245,428   
  

CUMMINS 4.875 10/01/43

    120,000.000000 Shares      132,666         123,891   
  

DIAMOND OFFSHORE 5.7 10/1

    205,000.000000 Shares      192,038         140,064   
  

DIGITAL REALTY 3.625 10/0

    225,000.000000 Shares      222,635         216,286   
  

DIRECTV HLDGS 3.8 3/15/22

    540,000.000000 Shares      552,598         543,742   
  

DISCOVER BANK 4.25 03/6

    250,000.000000 Shares      251,320         251,679   
  

DOMTAR CORP 4.4% 4/01/22

    135,000.000000 Shares      138,038         137,306   
  

DOMTAR CORP 6.75 02/15/44

    190,000.000000 Shares      206,448         185,643   
  

DONNELLEY R.R. 7.625 6/15

    90,000.000000 Shares      103,669         92,804   
  

ELECTRICITE DE PERP 144A

    160,000.000000 Shares      165,800         150,400   
  

ENDO FIN CO 5.75 1/1 14O

    90,000.000000 Shares      92,205         87,300   
  

ENLINK MIDSTRM LP 4.155

    140,000.000000 Shares      137,284         107,759   
  

ENSCO PLC 4.7% 3/15/21

    200,000.000000 Shares      206,650         161,106   
  

FAMILY TREE 5.25 3/2 144A

    115,000.000000 Shares      121,900         118,738   
  

FIRSTENERGY 4.35 01/ 1A

    210,000.000000 Shares      219,232         212,986   
  

FLY LEASING 6.75 12/15/20

    135,000.000000 Shares      140,063         138,355   
  

FORD MTR CR LLC 4.25 9/20

    210,000.000000 Shares      222,119         214,855   
  

FREEPORT MCMOR CO 3.55 3/

    175,000.000000 Shares      165,211         101,500   
  

FRONTIER COMM 8.5 4/15/20

    180,000.000000 Shares      193,230         180,450   
  

GENERAL ELECTRIC 4/VARP

    469,000.000000 Shares      422,100         469,000   
  

GECAP MTN 6.875% 1/10/39

    275,000.000000 Shares      381,777         374,824   
  

GENWORTH HLDGS 4.8 02/4

    160,000.000000 Shares      140,354         108,000   
  

GSINC 6.75% 10/01/37

    225,000.000000 Shares      273,884         262,834   
  

GOLDMAN SACHS GP 5.75 1/2

    360,000.000000 Shares      414,360         409,434   
  

GOLDMAN SCHS GRP 4 3/3/24

    140,000.000000 Shares      143,265         143,767   
  

GOLDMAN SACH GP 4.25 10N

    180,000.000000 Shares      178,740         178,736   
  

GOLDMAN SACHS 5.793/VR PE

    240,000.000000 Shares      186,000         169,200   
  

GUITR CN 6.5 4/15/19 144A

    45,000.000000 Shares      41,288         37,800   
  

HSBC HLDGS PLC 6.8 6/01/3

    190,000.000000 Shares      243,755         236,490   
  

HARMAN INTL IND 4.15 05N

    165,000.000000 Shares      165,774         158,226   
  

HESS CORP 3.5% 7/15/24

    140,000.000000 Shares      136,945         122,669   
  

HEWLETT PACK4.9 10/1 14T

    255,000.000000 Shares      253,067         250,431   
  

INGERSOLL RAND LUX 3.55L

    195,000.000000 Shares      194,903         190,920   
  

INTL PAPER CO GLB 8.7 6/1

    220,000.000000 Shares      306,992         283,084   
  

JPMC CO 6.4% 5/15/38

    110,000.000000 Shares      139,787         140,119   
  

JPMORGAN CHASE 3.2 1/25/2

    125,000.000000 Shares      125,023         124,660   
  

JP MORGAN CHASE 3.375 5/2

    560,000.000000 Shares      553,700         550,688   
  

JPM CHASE 6.75% PERP

    245,000.000000 Shares      267,026         267,050   
  

KINDER MORGAN 4.25 09/4

    165,000.000000 Shares      165,279         140,463   
  

KRAFT FOODS 5% 6/4/42

    160,000.000000 Shares      164,323         161,098   
  

LAND O LAKES 8 PERP 144A

    125,000.000000 Shares      125,000         129,844   
  

LEVI STRAUSS & CO 5 5/1/2

    100,000.000000 Shares      97,000         99,500   

 

7

Page 8 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

LIBERTY MUTUAL 4.95 144A

    405,000.000000 Shares      441,503         429,298   
  

MARTIN MARIETTA MAT 4.2N

    150,000.000000 Shares      150,357         147,289   
  

MARTIN PRT/FIN 7.25% 2/21

    120,000.000000 Shares      120,120         105,600   
  

MASCO CORP 5.95% 3/15/22

    170,000.000000 Shares      192,440         183,600   
  

MDAMERICAN ENR 6.125 4/01

    160,000.000000 Shares      193,136         186,466   
  

MILLICOM INTL 6.625 15

    200,000.000000 Shares      212,740         184,750   
  

MORGAN STANLEY 4 07/23/25

    225,000.000000 Shares      232,124         231,893   
  

MORGAN STANLEY 5.5 7/28/2

    390,000.000000 Shares      445,969         437,156   
  

MORGAN STANLEY 3.95 047

    425,000.000000 Shares      403,529         412,673   
  

NCR NEW 6.375 12/15/23

    80,000.000000 Shares      83,360         78,800   
  

NGL EN/FIN 5.125% 7/19

    140,000.000000 Shares      139,300         110,600   
  

NABORS IND 4.625 9/15/21

    195,000.000000 Shares      196,127         160,307   
  

NBCUNIVERSAL ME 4.45 1/15

    555,000.000000 Shares      551,220         543,385   
  

NEWMONT MINING 3.5 3/15/2

    185,000.000000 Shares      180,394         164,954   
  

NOBLE HLDG INTL 5.95 04E

    135,000.000000 Shares      135,732         93,163   
  

NORBORD 5.375 12/20 144A

    165,000.000000 Shares      166,337         165,000   
  

NORDEA BANK AB 6.125 14A

    200,000.000000 Shares      205,960         195,290   
  

NOVA CHEMICALS 5.25 15

    165,000.000000 Shares      170,363         163,350   
  

NUCOR CORP 4.0% 08/01/23

    185,000.000000 Shares      191,031         179,439   
  

NUMERICABLE 6.0 05/1 14E

    200,000.000000 Shares      203,500         194,000   
  

ORIGIN ENGY 3.5 10/0 14N

    200,000.000000 Shares      204,738         195,051   
  

OWENS CORNING 4.2 12/15/2

    200,000.000000 Shares      205,808         200,243   
  

PPL CAP FD 3.5 12/01/22

    200,000.000000 Shares      203,714         201,573   
  

PACIFIC LIFECRP 6 2/ 144A

    170,000.000000 Shares      192,923         189,131   
  

PACKAGING 3.65 09/15/24

    120,000.000000 Shares      119,611         116,675   
  

PENTAIR FINANCE 4.65 95

    150,000.000000 Shares      149,739         153,738   
  

PETRO-CANADA 6.8% 5/15/38

    105,000.000000 Shares      136,072         114,810   
  

PIEDMONT OPERTG 4.45 03T

    185,000.000000 Shares      190,276         185,221   
  

PILGRIMS PRIDE 5.75 15

    65,000.000000 Shares      66,287         63,213   
  

PLATFORM SPECLTY 6.5 14M

    160,000.000000 Shares      167,568         138,400   
  

POLYONE CORP 5.25 3/15/23

    90,000.000000 Shares      91,575         87,750   
  

PRINCIPAL FN GR 4.75/VAL

    180,000.000000 Shares      179,978         178,920   
  

PRUDENTIAL FN 5.2/VAR 3L

    165,000.000000 Shares      166,219         159,308   
  

QUALCOMM 3.45 05/20/25

    250,000.000000 Shares      234,906         239,829   
  

QWEST CORP 6.75% 12/01/21

    295,000.000000 Shares      332,111         309,013   
  

REALTY INCOME 3.25 10/15/

    225,000.000000 Shares      222,392         217,218   
  

RELIANCE HDG USA 5.4 144A

    250,000.000000 Shares      270,253         270,485   
  

RESOLUTE FST PROD 5.875E

    135,000.000000 Shares      123,930         98,213   
  

RIO TINTO FIN U 2.875 8/2

    280,000.000000 Shares      276,144         253,969   
  

ROCK TENN COMP 4.9% 3/22

    205,000.000000 Shares      222,681         217,420   
  

ROYAL BK SC 6.1% 6/10/23

    105,000.000000 Shares      113,881         112,867   
  

SES 3.6% 04/04/23 144A

    160,000.000000 Shares      164,085         155,859   
  

SABINE PASS 5.625% 2/1/21

    180,000.000000 Shares      187,200         165,600   
  

SANTANDER UK PLC 5 1 14R

    200,000.000000 Shares      209,728         208,190   
  

SENIOR HOUSING 4.75 054

    220,000.000000 Shares      225,073         214,339   
  

SIGNET UK FINAN 4.7 064

    275,000.000000 Shares      282,051         270,941   
  

SINCLAIR TEL 6.375 11/1/2

    115,000.000000 Shares      122,445         118,450   
  

SOCGEN 5% 01/17/24 144A

    240,000.000000 Shares      246,223         244,752   
  

SOFTBANK CRP 4.5 4/1 14K

    200,000.000000 Shares      205,900         199,000   
  

SOUTHWESTERN EN 4.1% 3/22

    190,000.000000 Shares      189,979         119,502   
  

SPECTRA ENERGY 4.75 034

    205,000.000000 Shares      220,508         198,672   
  

SPRINT CORP 7.25% 9/15/21

    90,000.000000 Shares      90,854         67,923   
  

STANDARD CHART 5.7 0 14D

    200,000.000000 Shares      218,448         200,161   
  

STANDARD CHR 6.5/VAR 14D

    75,000.000000 Shares      76,200         72,464   
  

SUNTRUST BNK 5.625 VARF

    140,000.000000 Shares      142,100         140,875   

 

8

Page 9 of 9

Ameren Corporation Savings Investment Plan

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

December 31, 2015

 

 

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,

lessor, or similar party

   

Description of investment including maturity date,
rate of interest, collateral, par, or maturity value

    Cost      Current
value		  
  

SUPERVALU 6.75 06/01/21

    90,000.000000 Shares      92,700         81,450   
  

SYNCHRONY FIN 4.25 08/4

    165,000.000000 Shares      167,143         162,785   
  

T-MOBILE USA 6.731 4/22

    120,000.000000 Shares      127,740         125,100   
  

TARGA RES LP/FI 4.25 11A

    160,000.000000 Shares      154,200         123,200   
  

TECK RESOURCES 3.75 2/01/

    140,000.000000 Shares      103,250         64,750   
  

TIME WARNER 3.875 1/15/26

    130,000.000000 Shares      129,936         128,932   
  

TOTAL SYS SE 3.75 06/01/2

    195,000.000000 Shares      195,382         189,275   
  

TRANSOCEAN STEP 10/15/22

    280,000.000000 Shares      225,705         148,400   
  

21ST CENTY FOX 6.65 117

    360,000.000000 Shares      446,483         418,342   
  

TYSON FOODS 3.95 08/15/24

    160,000.000000 Shares      163,694         164,287   
  

UNITED HEALTH 4.75 7/15/4

    200,000.000000 Shares      203,088         210,463   
  

UNITYMEDIA 6.125 1/2 144A

    60,000.000000 Shares      62,625         59,289   
  

UNUM GROUP 5.625% 9/15/20

    150,000.000000 Shares      169,958         164,988   
  

VALE OVERSEAS 4.375 1/22

    280,000.000000 Shares      275,061         211,912   
  

VALERO ENERGY 3.65 3/15/2

    240,000.000000 Shares      235,826         226,495   
  

VERIZON COMM 6.55 9/15/43

    275,000.000000 Shares      330,300         326,474   
  

VERIZON COM 3.5% 11/01/24

    305,000.000000 Shares      303,759         301,397   
  

WMG ACQUISITION 6 1/ 144A

    135,000.000000 Shares      140,146         135,675   
  

WB 5.8% 49-11 T1

    300,000.000000 Shares      297,750         288,975   
  

WALGREENS BOOTS 3.8 114

    265,000.000000 Shares      262,942         257,296   
  

WEATHERFORD INT 7 3/15/38

    170,000.000000 Shares      168,220         118,575   
  

WELLS FARGO & CO 3.45 2/1

    190,000.000000 Shares      192,096         190,515   
  

WHITE MTN 7.506/3ML+320PE

    160,000.000000 Shares      168,399         161,600   
  

WOODSIDE FIN 3.65 3/ 14E

    140,000.000000 Shares      135,663         124,094   
  

WYNN MACAU 5.25 10/1 14N

    140,000.000000 Shares      136,324         123,200   
  

XPO LOGISTIC 6.5 6/1 14O

    75,000.000000 Shares      74,948         69,375   
  

XSTRATA FIN 6.9 11/1 144A

    145,000.000000 Shares      162,692         116,000   
  

XLIT LTD 4.45% 03/31/2025

    220,000.000000 Shares      218,954         215,636   
  

YAMANA GOLD 4.95 07/15/24

    165,000.000000 Shares      163,144         140,012   
        

 

 

     

 

 

  
  

Total Corporate debt securities

         35,769,842         33,564,256   
        

 

 

     

 

 

  
  

Other Debt Securities

         
  

MEXICO GOVT 8% 12/07/23

    3,600,000.000000 Shares      263,090         233,795   
  

MEXICO GOVT 8.5% 12/13/18

    3,700,000.000000 Shares      265,069         236,165   
  

SOUTH AFRICA 7% 2/28/31

    2,515,000.000000 Shares      176,019         123,964   
  

INDONESIA GOV 4.125 144A

    200,000.000000 Shares      199,750         191,668   
  

SOUTH AFRICA 5.875 9/16/2

    250,000.000000 Shares      283,125         255,552   
   US 10YR FUT MAR16 TYH6    -30.000000 Shares      —           (8,906 ) 
   US ULTRA BOND FUT MAR16 WNH6    1.000000 Shares      —           1,000   
   US 5YR NOTE FUT MAR16 FVH6    -7.000000 Shares      —           (984 ) 
   CME CITI IRS USD 2.3118% 08/25    -5,000,000.000000 Shares      —           (15,763 ) 
        

 

 

     

 

 

  
  

Total Other Debt Securities

         1,187,053         1,016,491   
        

 

 

     

 

 

  
   Notes Receivable         

* / **

   

Participants

   

Participant Loans

      33,403,959         33,403,959   
        

 

 

     

 

 

  
         $  1,692,286,580       $  1,961,037,231   
        

 

 

     

 

 

  

 

* Investment represents allowable transaction with a party-in-interest.
** Interest rates vary from 4.00% to 10.50% on loans maturing through 2025.

 

9

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.
  President
  Ameren Services Company

June 23, 2016

EXHIBIT INDEX

 

Exhibit No.

   

Description

23.1    Consent of Independent Registered Public Accounting Firm