11-K 1 c-401kplanx12312015.htm 11-K Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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, 2015

Commission File No. 1-9924


__________________________________



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

Citigroup 401(k) Plan
Plans Administration Committee
One Court Square, 21st Floor
Long Island City, NY 11120



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

Citigroup Inc.
388 Greenwich Street
New York, NY 10013
 




CITIGROUP 401(k) PLAN
Financial Statements and Supplemental Schedule
December 31, 2015 and 2014
(With Report of Independent Registered Public Accounting Firm Thereon)





CITIGROUP 401(k) PLAN
Financial Statements and Supplemental Schedule
December 31, 2015 and 2014
Table of Contents
 
Page
Report of Independent Registered Public Accounting Firm
 
 
Financial Statements:
 
 
 
Statements of Net Assets Available for Benefits as of December 31, 2015 and 2014
 
 
Statements of Changes in Net Assets Available for Benefits for the years ended December 31, 2015 and 2014
 
 
Notes to Financial Statements
 
 
Supplemental Schedule:*
 
 
 
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2015
 
 
Signatures
 
 
 
 
 
 
*
Other schedules required by Form 5500 which are not applicable have been omitted




Report of Independent Registered Public Accounting Firm
The Plans Administration Committee
Citigroup Inc.:
We have audited the accompanying statements of net assets available for benefits of the Citigroup 401(k) Plan (the 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 information in the accompanying 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 Plan’s financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but include supplemental information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information 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 information. In forming our opinion on the supplemental information in the accompanying schedule, we evaluated whether the supplemental information, 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 information in the accompanying Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2015 is fairly stated in all material respects in relation to the financial statements as a whole.


/s/ KPMG LLP

New York, New York
June 10, 2016



1


CITIGROUP 401(k) PLAN
Statements of Net Assets Available for Benefits
December 31, 2015 and 2014
 
2015
 
2014
Assets:
 
 
 
Investments, at fair value
$
9,649,406,159

 
$
9,827,014,622

Investments in fully benefit-responsive investment contracts,
 
 
 
at contract value
1,157,124,247

 
1,138,149,909

Total investments
10,806,530,406

 
10,965,164,531

Receivables:
 
 
 
Employer contributions
379,071,434

 
381,209,239

Interest and dividends
2,265,868

 
2,095,660

Receivable for securities sold
18,286,890

 
3,224,387

Participant contributions
426,784

 
83,039

Participant loans
240,398,016

 
247,336,012

Other
39,114

 
4,614

Total receivables
640,488,106

 
633,952,951

Total assets
11,447,018,512

 
11,599,117,482

Liabilities:
 
 
 
Payable for securities purchased
23,621,737

 
4,333,233

Payable for trustee and administrative fees
4,198,773

 
5,310,710

Total liabilities
27,820,510

 
9,643,943

Net assets available for benefits
$
11,419,198,002

 
$
11,589,473,539

See accompanying notes to financial statements.
 
 
 


2


CITIGROUP 401(k) PLAN
Statements of Changes in Net Assets Available for Benefits
Years Ended December 31, 2015 and 2014

 
2015
 
2014
Additions to net assets attributable to:
 
 
 
Investment income:
 
 
 
Dividends
$
50,028,358

 
$
59,312,862

Interest
28,659,534

 
31,161,272

Net (depreciation) appreciation in fair value of investments
(181,322,491
)
 
508,151,373

Net investment (loss) income
(102,634,599
)
 
598,625,507

Interest income from loans receivable from participants
10,290,740

 
10,215,618

Contributions:
 
 
 
Employer
378,227,325

 
380,061,328

Participants
483,416,483

 
471,262,587

Rollover
44,227,408

 
37,823,246

Total contributions
905,871,216

 
889,147,161

Total additions to net assets
813,527,357

 
1,497,988,286

Deductions from net assets attributable to:
 
 
 
Distributions to participants
962,536,367

 
940,158,883

Trustee and administrative expenses
19,340,243

 
20,324,046

Dividends paid directly to participants
1,926,284

 
527,870

Total deductions from net assets
983,802,894

 
961,010,799

Net (decrease) increase
(170,275,537
)
 
536,977,487

Net assets available for benefits at:
 
 
 
Beginning of year
11,589,473,539

 
11,052,496,052

End of year
$
11,419,198,002

 
$
11,589,473,539

See accompanying notes to financial statements.
 
 
 


3

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014




(1)Description of the Plan
The following brief description of the Citigroup 401(k) Plan (the Plan) is provided for general information purposes only. Participants should refer to the Plan document for a more complete description of the Plan’s provisions.
(a)
General
The Plan is a defined contribution plan designed to encourage savings on the part of eligible employees. The Plan covers eligible employees of Citigroup Inc. (the Company), its subsidiaries and affiliates. The Company is the Plan Sponsor, as defined by the Plan document. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA), and the Internal Revenue Code of 1986, as amended (the Code).
The Plan was initially designed as an Employee Stock Ownership Plan (ESOP) within the meaning of Section 4975(e)(7) of the Code. Effective March 1, 2003, the Plan consists of an ESOP component and a non‑ESOP component. The ESOP component consists of any amount invested in the Citigroup Common Stock Fund under the Plan.
Reliance Trust Company was the trustee for the investments held in the Citigroup Common Stock Fund through December 31, 2014. State Street Bank & Trust Company is the trustee of the Plan’s remaining investments and effective January 1, 2015, was appointed the trustee for investments held in the Citigroup Common Stock Fund. Plan investments are held by State Street Bank & Trust Company, the custodian, in a trust fund established under the Plan. The Plan is administered by Aon Hewitt, a third‑party administrator.
The Company maintains a Financial Education Program for participants. Program costs are paid by the Company. The program offers educational resources such as articles, tutorials and videos. In addition, the Company has retained a registered investment advisor to provide assistance to participants on asset allocation for their Plan investments based on their individual risk profile, retirement horizon, and other factors.
The Plan also offers the Professional Management Program through a registered investment advisor, which provides for participants to have their accounts professionally managed. Participants who voluntarily elect this program are charged a maximum of 0.35% or $2.92 per month for each $10,000 in their account. For participants with account balances over $100,000, advisory fees charged to the participant account are reduced. If a participant chooses to enroll in the Professional Management Program, the fee is automatically deducted from their account.
The Professional Management Program offers an optional retirement income feature (Income Feature) for managed Plan accounts. With the Income Feature, the assets in a participant’s Plan account are managed under the Professional Management Program with a primary investment strategy of seeking to generate income in retirement. The Income Feature also includes an option for participants to request distributions from their Plan accounts. The Income Feature is available at no additional cost to Professional Management Program members who select the Income Feature.
Effective January 1, 2016, the Plan was amended to change the name from Citigroup 401(k) Plan to Citi Retirement Savings Plan.
(b)
Eligibility

4

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



Eligible employees generally include (1) employees working in the U.S. and paid from a Company payroll or (2) U.S. citizens or lawful permanent residents of the U.S. performing services overseas in an expatriate employment classification in each case who are performing services for the Company and participating subsidiaries, as defined in the Plan document.
Full‑time employees or part‑time employees scheduled to work 20 or more hours a week are eligible to participate on the first day of the first pay period after the participant becomes an employee of the Company.
Part‑time employees scheduled to work fewer than 20 hours a week are eligible to participate in the Plan on January 1 or July 1 after the employee is credited with at least 1,000 hours of service during the first 12 months with the Company or at least 1,000 hours of service in any calendar year beginning after the employee’s date of hire.
(c)
Employee Contributions
An eligible employee may elect to have a portion of his or her eligible pay, which generally includes overtime, commissions, shift differential pay, and periodic incentive bonuses, reduced each pay period, in any 1% increment, by an amount up to 50% of his or her eligible compensation in a whole percentage up to the maximum permitted by law for before-tax and Roth after‑tax salary deferrals, plus an additional catch‑up contribution, if eligible (in whole percentages but not exceeding 49% of pay). The statutory limit for before-tax and Roth after-tax contributions was $18,000 and $17,500 for 2015 and 2014, respectively. Employee before-tax contributions and employer contributions (described below in note 1(d)), as well as the earnings thereon, are taxed to the participant at the time of distribution. Distributions of amounts deferred as Roth after-tax contributions are tax-free and investment earnings on Roth after-tax contributions are tax‑free, if the participant is at least age 59½ (or permanently disabled (as defined under the Code) or deceased) and distributions under the Plan occur no earlier than during the fifth taxable year starting after the taxable year in which the first Roth after-tax contribution was made to the Plan.
Eligible full or part‑time employees will be subject to the Plan’s automatic enrollment provision and enrolled to contribute to the Plan 90 days after their eligibility date. If eligible employees do not want to be enrolled automatically in the Plan, they have a 90‑day grace period from their eligibility date to decline participation in the automatic enrollment. The initial automatic deferral percentage is 3%. Effective January 1, 2016, the Plan was amended to change the initial automatic deferral percentage from 3% to 6%. Participants who are automatically enrolled in the Plan, but do not make an investment election, are invested in the Plan’s default investment alternative, which is the Plan’s “target retirement date” fund consistent with the participant’s projected year of retirement, as further explained in the Plan document. For this purpose, a participant’s projected year of retirement is the year the participant will become 65 years of age. The BlackRock Fund Advisors (BFA) LifePath Funds are the current retirement date funds offered by the Plan. Participants whose first date of hire is on or after January 1, 2007, who are automatically enrolled in the Plan, will be deemed to have filed a deferral election authorizing their before‑tax contributions to be increased by 1% annually up to a maximum of 10%, unless the participant directs otherwise. Effective January 1, 2016, the Plan was amended to change this 10% maximum to 15%. An automatically enrolled employee may change the rate of before‑tax deferrals at any time.
Catch‑up contributions are permitted in accordance with Section 414(v) of the Code. Participants who are over age 50 by the Plan year‑end can contribute up to 49% of their eligible pay up to $6,000 and$5,500 for 2015 and 2014, respectively, increasing the participants’ statutory limitation on before‑tax contributions to $24,000 and $23,000 for 2015 and 2014, respectively. There is no automatic enrollment for catch‑up contributions.

5

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



In addition, the Code limits contributions for highly compensated participants, defined by the Code to be participants with annual compensation greater than $120,000 and $115,000 for 2015 and 2014, respectively.
(d)
Employer Contributions
During 2015 and 2014, employer contributions consisted of three major components: the Company matching contribution, fixed contribution, and transition contribution. A one‑time Company contribution is also provided to certain grandfathered participants on a limited basis when they become eligible.
The Company matching contribution was equal to 100% of the participant’s before-tax and/or Roth after‑tax contributions up to 6% of the participant’s eligible compensation in 2015 and 2014 (up to the annual compensation maximum set by the Code: $265,000 for 2015 and $260,000 for 2014 ) for eligible employees at all compensation levels. Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to the statutory limit. Catch‑up contributions are not subject to matching contributions. Participants must contribute to the Plan to receive Company matching contributions.
A fixed contribution of up to 2% of eligible pay is credited to the Plan accounts of eligible employees whose qualifying annual compensation, as defined in the Plan, is $100,000 or less.
An annual transition contribution is credited to the Plan accounts of certain employees who were eligible to receive benefits under the Plan, the Citigroup Pension Plan, and the Citigroup Ownership Program in 2007, prior to the plans’ redesign. If an employee’s total benefit opportunity under the three programs was greater than his benefit opportunity under the Plan, an additional transition contribution is credited. Participants receiving this transition contribution generally have long service and must be continuously employed by the Company since December 31, 2006.
At December 31, 2015, the employer contribution receivable was $379.1 million; whereas, at December 31, 2014, the employer contribution receivable was $381.2 million. Company contributions relating to 2015 and 2014 were received and credited to participant accounts during the first quarter of 2016 and 2015, respectively.
(e)
Participant Accounts
The Plan maintains a separate account for each participant, to which contributions, expenses, investment gains and losses are allocated.
Participants may elect to invest their deferral contributions, Company contributions, and account balance among the investment fund options offered under the Plan in whole increments of 1%.
A participant may elect to suspend or resume his or her contributions, subject to the Plan’s notice requirements. In addition, a participant may change the rate of his or her contributions, subject to the Plan’s notice requirements, and may elect to change the allocation of future contributions among the funds daily. A participant may also elect to transfer the value of his or her contributions in whole increments of 1% to other Plan investment funds, subject to certain restrictions.
Changes requested by participants are implemented as soon as administratively practicable, in accordance with the Plan document.
(f)
Rollover and Transfer Contributions

6

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



The Plan permits participants to have their interests in other qualified plans rolled over to the Plan or to make rollover contributions into the Plan from a conduit individual retirement account (IRA), which holds amounts attributable solely to a rollover from another qualified plan. Such transfers or rollovers to the Plan may only be made with the approval of the Plan’s management and do not affect any other contributions made by or on behalf of a participant.
Of the participant contributions reported in 2015 and 2014, $44.2 million and $37.8 million , respectively, related to rollover contributions into the Plan.
(g)
Investment Options
Plan assets are held in a trust fund and are invested in the investment options offered under the Plan at the direction of Plan participants, in accordance with the Plan document. The Plan is intended to satisfy the requirements of Section 404(c) of ERISA.
In general, Plan participants may move a portion or all of their account balance among the Plan’s investment options through a fund transfer, reallocation, or rebalance, generally not more frequently than once every seven calendar days. An exception to this rule is that they may move a portion or all of their account balances into the BlackRock T-Fund at any time. However, once a participant moves his or her Plan assets into that fund, he or she cannot move Plan assets out of the fund for seven calendar days.
In addition, Plan participants may not move an investment in the BNY Mellon Stable Value Fund (see note 3) through a fund transfer, reallocation, or rebalance directly into any of the two investment options that are considered competitors of the BNY Mellon Stable Value Fund: the BlackRock T-Fund and the BFA LifePath Index Retirement Fund. The BFA LifePath Index Retirement Fund is not considered a money market fund or stable value fund. This restriction on transfers enables the BNY Mellon Stable Value Fund to secure higher‑yielding, fixed‑income investments intended to preserve principal and earned interest.
If a Plan participant moves a portion or all of their account balance from the BNY Mellon Stable Value Fund through a fund transfer, reallocation, or rebalance into any investment option other than the two competing investment options named above, the amount moved must remain invested in a noncompeting investment option for at least 90 days before it can be moved into one of the two competing investment options.
These restrictions are subject to change at any time depending on generally applicable Plan rules or the requirements of the funds.
To the extent required by the compliance procedures of a mutual fund to ensure the fund’s adherence to the market timing rules mandated by the Securities and Exchange Commission, upon request by a mutual fund, the Plan may provide reports to the fund detailing Plan participants’ trading activity in that particular fund. The Company also may restrict the ability of certain Plan participants to invest in or divest from the Citigroup Common Stock Fund.
In general, no transaction costs are associated with the Plan, though the funds have the right to impose redemption fees, should they decide to do so.
The Plan does not directly participate in securities lending programs; however, there are investment funds that engage in securities lending which are available to Plan participants. The investment manager for an investment option determines the terms of, and the extent to which, securities lending is used. Engaging in securities lending is intended to benefit Plan participants investing in such investment offering.

7

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



Effective January 1, 2014, Wells Capital Small Cap Value was eliminated as a component of the Small Cap U.S. Equity Fund and replaced with the Vulcan Value Partners Small Cap Value. Additionally, the weighting for the Small Cap U.S. Equity Fund was changed to 40% Numeric Investors, 30% Buckhead Capital Partners and 30% Vulcan Value Partners.
Effective May 1, 2014, Buckhead Capital Small Cap Value was eliminated as a component of the Small Cap U.S. Equity Fund and replaced with the Robeco Boston Partners Small Cap Value.
Effective September 29, 2014, SSgA U.S. Bond Index SL SF CL I (a/k/a SSgA Barclays Aggregate Bond Index) was eliminated and replaced with the State Str Bk & Tr Co Invt Fds Mutual Fund (a/k/a SSgA Diversified Bond Fund).
Effective November 14, 2014, the BFA LifePath Index 2015 Fund was merged into the BFA LifePath Index Retirement Fund and the BFA LifePath Index 2055 Fund was added.
Effective March 13, 2015, the PIMCO Emerging Markets Bond Fund was eliminated as a component of the Emerging Market Bond Fund and the assets were transferred to Wellington Emerging Market Bond Fund.
Effective June 26, 2015, SSgA Active Emerging Market Select was eliminated as a component of the Emerging Market Equity Fund and replaced with TT Emerging Market Equity.
Effective June 26, 2015, the SSgA DJ/UBS Roll Select Commodity Index was renamed the SSgA Bloomberg Roll Select Commodity Index.
Effective September 25, 2015, the PIMCO All Asset All Authority Fund was eliminated and all the assets were transferred to the BlackRock Life Path Fund that most closely matched the impacted participants’ projected retirement year.
Effective June 1, 2016, WAMCO High Yield was eliminated as a component of the High Yield Bond Fund and replaced by BlackRock High Yield and Prudential High Yield. Additionally, the weighting for the High Yield Bond Fund was changed to 40% T. Rowe Price, 40% BlackRock and 20% Prudential.
(h)
Vesting
The rights of a participant to his or her own contributions and any earnings thereon are at all times fully vested and nonforfeitable.
Any Plan participant who performed an hour of service after June 26, 2007, was fully vested in his or her pre-2008 Company matching contributions.
Company fixed and transition contributions, as described in note 1(d), vest according to the following schedule:
Upon completion of three years of service, any fixed and/or transition contributions made on a participant’s behalf will be immediately vested;
If a participant reaches age 55, dies or becomes disabled while in service;
In the case of a full or partial termination of the Plan or complete discontinuance of contributions under the Plan.
Once a participant is vested in his or her Company contributions, those contributions are available for distribution or rollover once he or she leaves the Company or is otherwise eligible to take a distribution, as more fully described in notes 1(k) and (l).

8

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



(i)
Forfeited Accounts
Forfeitures are used to offset expenses of the Plan. During 2015 and 2014, $649,667 and $789,548, respectively, of forfeitures was used to offset Plan expenses. As of December 31, 2015 and 2014, unallocated forfeitures were $913,020 and $879,387, respectively.
(j)
Loans Receivable from Participants
Subject to the Plan’s provisions and the requirements contained within ERISA and the Code, participants may apply for up to two loans from the Plan at a fixed annual interest rate equal to the prime rate, as published in The Wall Street Journal for the fifteenth business day of the month in which the loan application is initiated, plus 1%. Loans may be made for a minimum amount of $1,000, the maximum of which would be the lesser of 50% of the participant’s vested account balance or $50,000, less the highest outstanding loan balance in the previous twelve months. Loans receivable from participants as of December 31, 2015 and 2014 bore interest rates from 4.25% to 10.50%.
Loans receivable from participants are valued at unpaid principal plus any accrued but unpaid interest.
Loan repayments by participants who are employed by the Company are generally made through after‑tax payroll deductions. Manual loan repayments by participants who are no longer employed by the Company and who are eligible to make manual loan repayments are submitted directly to Aon Hewitt. Loan terms range from 1 to 5 years for general‑purpose loans or up to 20 years for the purchase of a primary residence.
Each loan is secured through the vested balance in the participant’s Plan account. If a participant defaults on his or her loan by failing to make timely repayments, the outstanding principal and interest due on the loan is treated as a deemed distribution and reported as a taxable distribution to the participant as soon as administratively practicable in the year of default. If the participant has an outstanding loan and takes a distribution of his or her Plan benefit, the outstanding principal and interest due on the loan is deducted from the account balance before an amount is distributed to the participant.
A participant applying for a loan through the Plan will be charged a $50 loan application fee. The loan application fee is nonrefundable and will be used to offset the administrative expenses associated with the loan. The fee will be deducted from the participant’s Plan account at the time his or her loan request is processed. Plan participants who reside in Florida may be subject to a nominal tax imposed by Florida law, which is deducted from the participant’s Plan account at the time his or her loan request is processed as soon as administratively practicable.
(k)
Withdrawals
Prior to termination of employment, a participant may withdraw, subject to the Plan’s notice requirements, all or a portion of the vested value of his or her participant account if the participant has attained age 59½ or becomes totally and permanently disabled, or a certain portion of the value of his or her participant account in the event of demonstrated financial hardship, subject to the Plan’s provisions. Withdrawals to which a participant is entitled are the amounts that can be provided by the contributions and income thereon (including net realized and unrealized investment gains and losses) allocated to each participant’s account, less allocated expenses. Withdrawals from the Citigroup Common Stock Fund and the State Street Common Stock Fund may be paid in either shares of common stock or cash at the discretion of the participant, with the exception of a hardship withdrawal, which must be paid in cash. Fractional shares and withdrawals from other funds are paid in cash.
(l)
Distributions

9

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



A participant, after leaving the Company, can have the total of his or her vested account distributed in accordance with the provisions of the Plan.
If the value of a participant’s account exceeds $5,000, the participant may elect to defer the commencement of his or her distribution until April 1 of the calendar year following the calendar year in which the participant attains age 70 ½, or may request a distribution at any time in the form of a lump‑sum payment or installments. The value of this distribution will be based on the value of the participant’s vested account at the valuation date that coincides with the distribution, to the extent administratively practicable. If the participant has terminated employment, minimum distributions must commence no later than April 1 of the calendar year following the calendar year in which the participant attains age 70½. If the participant is still employed at age 70½, minimum distributions must commence when the participant retires or otherwise separates from service.
If the value of a participant’s account is at least $1,000 and does not exceed $5,000, the Plan will automatically roll the participant’s account over to an IRA, if the participant does not elect otherwise within 90 days of receiving a notice from the Plan. This provision does not apply to participants who are age 65 or older. If the Plan participant is age 65 or older and his or her account balance is $5,000 or less, the Plan will distribute his or her account as a lump‑sum distribution and withhold the applicable taxes. If the value of a participant’s account is less than $1,000, the Plan will distribute the participant’s account upon termination of employment, unless otherwise instructed.
Distributions to which a participant is entitled are the vested amounts that can be provided by the contributions and income thereon (including net realized and unrealized investment gains and losses) allocated to each participant’s account, less allocated expenses. Distributions from the Citigroup Common Stock Fund and the State Street Common Stock Fund may be paid in either shares of common stock or cash at the discretion of the participant. Fractional shares and distributions from other funds are paid in cash.
(2)
Summary of Significant Accounting Policies
(a)
Basis of Accounting
The accompanying financial statements have been prepared under the accrual basis of accounting.
(b)
Use of Estimates
The preparation of the financial statements in conformity with U.S. generally accepted accounting principles requires the Plan’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities, changes therein, and disclosure of contingent assets and liabilities at the date the financial statements are prepared. Actual results could differ from those estimates and assumptions. Significant estimates inherent in the preparation of the financial statements include the fair value of investments.
(c)
Investment Valuation and Income Recognition
Investments held by the Plan are stated at fair value with the exception of fully benefit-responsive investment contracts, which are stated at contract value.

Cash equivalents and short-term investments are valued at cost, which approximates fair value.

Equity investments traded on national securities exchanges are valued at their closing market prices. When no trades are reported, they are valued at the most recent bid quotation; securities traded in the

10

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



over‑the‑counter market are valued at their last sale or bid price. This includes U.S. and non‑U.S. equities in separately managed accounts.
The shares of common stock held by the Citigroup Common Stock Fund and the State Street Common Stock Fund are valued at the last reported sale price on the New York Stock Exchange on the last business day of the year.
Mutual funds are valued at the net asset value (NAV) reported in the active market where the fund is traded on a daily basis.
Collective trust funds are valued at the NAV as a practical expedient as reported by the sponsor of the fund. Participant‑directed redemptions from these collective trust funds generally can be made daily, subject to a Plan imposed 7‑day minimum holding period on investments (other than BNY Mellon Stable Value Fund related investments which have a longer holding period). There were no unfunded commitments as of December 31, 2015.
Purchases and sales of investments are recorded on a trade-date basis. Securities purchased or sold near year-end may result in payments on these securities not being made or received until after the Plan’s year-end. The amounts of such payments are recorded as payables or receivables as of year-end in the statements of net assets available for benefits. Interest income is recorded as earned on the accrual basis. Dividend income is recorded on the ex-dividend date.

(d)
Fair Value of Financial Instruments
The carrying value of the following instruments approximates fair value because of the short maturity nature of these items: receivable for securities sold, interest and dividends receivable, other receivables, and payable for securities purchased.
(e)
Payment of Benefits
Benefits are recorded when paid.
(f)
Recently Issued Accounting Pronouncement
On May 1, 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent), which removes the requirement to categorize within the fair value hierarchy all investments for which the fair value is measured using the net asset value per share practical expedient. The ASU also removes the requirement to make certain disclosures for all investments that are eligible to be measured at fair value using the net asset value per share practical expedient. Rather, those disclosures are limited to investments for which the entity has elected to measure the fair value using that practical expedient. The ASU is effective for public business entities for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years. The effective date for all other entities is fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Early adoption is permitted for all entities. Management adopted the provisions of this ASU effective 2015, with retroactive application.
In July 2015, the FASB issued ASU No. 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, which is part of the FASB’s Simplification Initiative for employee benefit plans. Part I of the ASU designates contract value as the only required measure for fully benefit-responsive investment contracts. Part II of the ASU removes the requirement to

11

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



disclose individual investments that represent 5 percent or more of net assets available for benefits, removes the requirement to disclose the net appreciation or depreciation for investments by general type, and removes the requirement to disclose investments by class of investments in the fair value table prescribed by FASB Accounting Standards Codification (ASC) 820, Fair Value Measurement. Part III allows for certain amounts to be reported as of the month end date prior to the plan’s year end for those year ends that do not fall on a month end. The ASU is effective for all entities for fiscal years beginning after December 15, 2015. Early adoption is permitted for all entities. Management early adopted the provisions of this ASU effective 2015, as such, (i) fully benefit responsive investments contracts are stated at contract value, (ii) the disclosures in Part II for the individual investments that represents 5 percent or more of net assets available for benefits, the net appreciation or depreciation for investments by general type and investment by class of investments in the fair value table have been eliminated and (iii) Part III had no impact on the Plan's financial statements.

(3)
Guaranteed Investment Contracts
The Plan’s BNY Mellon Stable Value Fund (Fund) is a custom investment vehicle that invests in fully benefit‑responsive investment contracts, including traditional GICs, synthetic GICs and separate account GICs issued by insurance companies and consists of insurance contracts, wrapper contracts, and short‑term investments.
Traditional GICs are investment contracts backed by the general assets of the issuer. The issuer agrees to provide the Fund with a guaranteed interest rate on the Fund’s investment for a specified period of time. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value. Contract value represents contributions made under the contract, plus earnings, less participant withdrawals and administrative expenses.
Synthetic GICs consist of two parts: an underlying investment owned directly by the Plan and a “wrapper” contract purchased from an insurance company. The wrapper contract guarantees full payment of principal and interest. The wrapper contracts are obligated to provide an interest crediting rate of not less than zero. The wrapper contract amortizes the realized and unrealized gains and losses on the underlying fixed income investments, typically over the duration of the investments, through adjustments to the future interest crediting rate. These investments are credited with earnings on the underlying investments and charged for participant withdrawals and administrative expenses. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value.
Separate account GICs are investment contracts in a segregated account backed by the general assets of the issuer for the benefit of the investors. The total return of the segregated account assets supports the separate account GICs return. The credited rate on this product will reset periodically and it will have an interest rate of not less than zero.
There are no reserves against contract value for credit risk of the contract issuers or otherwise.
An investment contract is considered fully benefit‑responsive if all of the following criteria are met:
The investment contract is between the Fund and the issuer and the contract cannot be sold or assigned.
The contract issuer must be obligated to repay principal and interest to participants in the Fund or provide prospective crediting rate adjustments that cannot result in an interest crediting rate less than zero.
All permitted participant‑initiated transactions occur at contract value, without limitations.
An event that limits the ability of the participant to transact at contract value is not probable.

12

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



The Fund must allow participants reasonable access to their funds.
The Plan’s management has concluded that the GICs are fully benefit‑responsive investment contracts and has reported such contracts at contract value, as shown in the table below:
 
2015
 
2014
Investments in fully benefit-responsive investment contracts, at contract value:
 
 
 
Traditional GICs
$
6,718,624

 
$
31,888,022

Separate account GICs
190,763,022

 
186,772,519

Synthetic GICs
959,642,601

 
919,489,368

Investments in fully benefit-responsive investment contracts, at contract value:
$
1,157,124,247

 
$
1,138,149,909

In addition, the Fund owns units of the State Street Short‑Term Investment Fund, which serves as the Fund’s short‑term liquidity vehicle, included in the fair value hierarchy table in cash equivalents and short-term investments.
(4)
Fair Value Measurements
FASB ASC Topic 820 provides a framework for measuring fair value, which provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:
Level 1 – Quoted prices for identical instruments in active markets.
Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model‑derived valuations in which all significant inputs and significant value drivers are observable in active markets.
Level 3 – Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
This hierarchy requires the Plan’s management to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. As required by ASC Topic 820, assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.
The methods described above may produce a fair value measurement that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
ASU No. 2015-07 removes the requirement to categorize investments for which fair value is measured using the NAV per share practical expedient within the fair value hierarchy.
The table below categorizes the Plan’s investments by level within the fair value hierarchy as of December 31, 2015.

13

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



 
December 31, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Investments, at fair value:
 
 
 
 
 
 
 
Cash equivalents and short-term investments
$
394,729,790

 
$
115,768,695

 
$

 
$
510,498,485

U.S. equities
1,003,097,313

 

 

 
1,003,097,313

Non-U.S. equities
286,220,761

 

 

 
286,220,761

Mutual funds
704,962,927

 

 

 
704,962,927

Investments in fair value hierarchy
$
2,389,010,791

 
$
115,768,695

 
$

 
2,504,779,486

Investments valued at NAV:
 
 
 
 
 
 
 
Collective trust funds
 
 
 
 
 
 
7,144,626,673

Investments, at fair value


 


 


 
$
9,649,406,159

The table below categorizes the Plan’s investments by level within the fair value hierarchy as of December 31, 2014.
 
December 31, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
Investments, at fair value:

 
 
 
 
 
 
Cash equivalents and short-term investments
$
418,782,934

 
$
99,300,054

 
$

 
$
518,082,988

U.S. equities
1,062,028,518

 

 

 
1,062,028,518

Non-U.S. equities
218,730,911

 

 

 
218,730,911

Mutual funds
914,953,050

 

 
 
 
914,953,050

Investments in fair value hierarchy
2,614,495,413

 
99,300,054

 

 
2,713,795,467

Investments valued at NAV:
 
 
 
 
 
 
 
Collective trust funds
 
 
 
 
 
 
7,113,219,155

Investments, at fair value


 


 


 
$
9,827,014,622

Other than the changes due to the adoption of new accounting pronouncements, there were no significant transfers of investments among levels during the years ended December 31, 2015 and 2014. There were no changes in the fair value methodology used at December 31, 2015 and 2014.
(5)
Administrative Expenses
Plan provisions allow for administrative expenses, including, but not limited to, audit fees, custodial and trustee fees, investment manager fees, and recordkeeping fees to be paid by the Plan and allocated to participant accounts. Expenses related to monthly investment service fees and loan fees are charged to participants’ investment balances and are reflected in the value of their participant accounts.
Any expenses not borne by the Plan are paid by the Company.
(6)
Risk and Uncertainties
The Plan invests in a variety of investment securities. Investment securities, in general, are exposed to various risks, such as interest rate, credit, foreign exchange and overall market volatility risk. Due to the level of risk

14

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



associated with certain investment securities, it is reasonable to expect that changes in the values of investment securities will occur in the near term and that such changes could materially affect participant account balances and the net assets available for plan benefits.
The Plan’s exposure to a concentration of credit risk is limited by the diversification of investments across participant‑directed fund elections and one election that is closed to new contributions. Additionally, the investments within each investment fund option are further diversified into varied financial instruments, with the exception of the Citigroup Common Stock Fund and State Street Common Stock Fund, which primarily invest in the securities of a single issuer.
Plan investments include a variety of investments that may directly or indirectly invest in securities with contractual cash flows. The value, liquidity, and related income of these securities are sensitive to changes in economic conditions and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.
At both December 31, 2015 and 2014, approximately 6% of the Plan’s total investments were invested in Citigroup common stock. The underlying value of the Company stock is subject to operational and market risks.
(7)
Party‑in‑Interest Transactions
Certain Plan investments are units of the Citigroup Common Stock Fund, which consists of common stock issued by the Company. The Plan’s investment in the Citigroup Common Stock Fund was $617.9 million and $655.0 million at December 31, 2015 and December 31, 2014, respectively.
The Plan held direct investments in the Company’s common stock of $7.3 million and $7.7 million, at December 31, 2015 and December 31, 2014, respectively. In 2015 and 2014, the Company paid $1,926,284 and $527,870, respectively, to the participants for dividends on common stocks held directly.
Certain Plan investments are units of the State Street Common Stock Fund, which consist of common stock issued by State Street Corporation. The Plan’s investment in State Street Common Stock Fund was $3.3 million and $4.0 million at December 31, 2015 and December 31, 2014, respectively. The Plan also held direct investments in State Street Corporation’s common stock of $4.0 million and $4.7 million at December 31, 2015 and 2014, respectively.
Certain Plan investments are shares of collective trust funds managed by State Street Corporation amounting to $5,026.4 million and $5,078.1 million at December 31, 2015 and December 31, 2014, respectively.
At December 31, 2015 and 2014, the Plan held $115.8 million and $112.3 million, respectively, of the State Street Bank & Trust Co Short‑Term Investment Fund, State Street Bank & Trust Co Government Short‑Term Investment Fund and State Street (US Dollar) Fund. At December 31, 2015 and 2014, the Plan also held $535,040 and $665,990, respectively, in State Street Bank & Trust Short-Term Investment Fund through synthetic GICs.
These transactions qualify as exempt party in‑interest transactions.
(8)
Tax Status
The Internal Revenue Service (the IRS) has determined and informed the Plan by a letter dated April 8, 2016 that the Plan as amended and restated effective January 1, 2014 and related trust are established in accordance with applicable sections of the Code and, therefore, the Plan qualifies as tax‑exempt under Section 401(a) of the Code. Although the Plan has been amended since receiving the favorable determination letter, the Plan's management and the Plan's legal counsel believe that the Plan, as amended, continues to be qualified as tax-

15

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



exempt and continues to operate in compliance with the applicable requirements of the Internal Revenue Code ("IRC"). Therefore, no provision for income taxes is included in the Plan’s financial statements.
During 2015, the Plan’s management determined that due to an error, one invoice that should have been paid by the Plan was paid by the Citigroup Pension Plan in 2014, resulting in a prohibited transaction under IRC Section 4975(a). This prohibited transaction was corrected on August 24, 2015, when $70,362, the aggregate amount of the invoice plus interest was deposited into the Citigroup Pension Plan trust from the Plan trust. The Citigroup Pension Plan’s management filed Form 5330 with the IRS for excise taxes due for this error and took all other corrective action it deems appropriate.
Accounting principles generally accepted in the United States of America require the Plan’s management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan’s management 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 audits by taxing jurisdictions; however, there are currently no audits for any open tax periods in progress. The Company believes the Plan is no longer subject to tax examination for years prior to 2011.

(9)
Plan Termination
Although it has not expressed any intention to do so, the Plan Sponsor has the right under the Plan to amend or discontinue its contributions at any time and to amend or terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, either full or partial, all amounts credited to the impacted participants’ accounts will become 100% vested and, therefore, will not be subject to forfeiture.
(10)
Pending Litigation
Between October 28 and December 8, 2011, five putative class actions were filed in the Southern District of New York asserting claims under ERISA - Geroulo v. Citigroup Inc., Ehrbar v. Citigroup Inc., Muehlgay v. Citigroup Inc., Winfield v. Citigroup Inc., and Goldstein v. Citigroup Inc. against the Company, the Plan’s administration and investment committee, and certain individuals alleged to have served as Plan fiduciaries. The Plan is not named as a defendant in these actions. These complaints assert similar claims under ERISA and are brought on behalf of all participants in the Citigroup 401(k) Plan and Citibuilder 401(k) Plan for Puerto Rico from November 2008 (November 3, 2008 in several of the complaints) through March 5, 2009. These complaints are similar to the ones brought in the fourth quarter of 2007, as discussed below, which the Second Circuit Court of Appeals upheld the dismissal of, in that they allege that it was imprudent to allow Plan assets to be invested in Company common stock due to the financial condition of the Company during this time period. In these most recent cases, however, the plaintiffs allege that the defendants knew or should have known that due to the deterioration of the Company’s financial condition during this time period, the Company was in financial distress. In December 2011, plaintiffs moved to consolidate these cases; briefing on the motions was coordinated and completed in January 2012. The consolidated complaint was filed on September 14, 2012 and alleges a class period of January 16, 2008 through March 5, 2009. Defendants’ motion to dismiss was filed on November 14, 2012. Rather than opposing the motion to dismiss, plaintiffs filed an amended complaint on January 11, 2013. Defendants filed a motion to dismiss on March 8, 2013, which was deemed withdrawn on March 5, 2014, without prejudice. The U.S. Supreme Court heard oral arguments in Fifth Third Bancorp v. John Dudenhoeffer, No. 12-751, on April 2, 2014, a case which involves allegations similar to those in this case. The U.S. Supreme Court decision in Dudenhoeffer was issued on June 25, 2014, pursuant to which plaintiffs filed a Third Consolidated Amendment Complaint reflecting this decision on July 30, 2014. In plaintiffs’ Third Consolidated Amended Complaint, plaintiffs primarily allege that defendants knew or should have known that it was imprudent to allow Plan assets to be invested in Company common

16

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



stock due to its financial condition during a putative class period of January 16, 2008 through March 5, 2009. On May 13, 2015, the court dismissed the case with prejudice finding that the plaintiffs' claims were time-barred and that the complaint failed to state a claim under the Supreme Court’s decision in Dudenhoeffer. Plaintiffs filed a motion for reconsideration, which was denied in its entirety on July 6, 2015. On August 4, 2015, plaintiffs appealed the decisions on both motions to the United States Court of Appeals for the Second Circuit. On May 23, 2016, the Second Circuit affirmed the lower court’s order dismissing the lawsuit holding that participants’ claims are barred by ERISA’s three-year statute of limitation.
In October 2007, a complaint was filed on behalf of a putative class of participants in the 401(k) Plan from 2001 through 2007, against the Company and the Plan administration and investment committees. Plaintiffs alleged that defendants engaged in prohibited transactions and breached fiduciary duties under ERISA by including Citigroup affiliated mutual funds as investment option, and by purchasing services from a Citigroup affiliated entity.
On March 16, 2010, the Court dismissed most of the claims in the complaint, except for a claim that defendants breached their fiduciary duties by including as investment options affiliated funds with excessive fees. Plaintiffs thereafter amended their complaint to allege three counts: (1) breached of the duty of prudence by failing to remove or replace certain funds affiliated with Citigroup entities; (2) breach of the duty of prudence in connection with the selection of three Citigroup affiliated funds added to the Plan in 2003; and (3) breach of the duty of prudence by approving a “mapping” from unaffiliated funds to affiliated funds in March 2003. On January 10, 2012, defendants moved for summary judgment on the ground that all of the claims are time barred. Plaintiff thereafter requested and was granted permission to further amend their pleading to add certain individual defendants. On September 30, 2014, the Court denied defendants’ motion for summary judgment based on the timeliness of plaintiffs’ claims.
Fact discovery commenced on October 31, 2014 and concluded December 11, 2015. In the interim, plaintiffs once again amended their pleading to add a claim for breach of the duty of loyalty. Plaintiffs moved to certify the class; defendants opposed certification and challenged the constitutional and class standing of named plaintiffs to assert claims regarding funds in which they did not themselves invest. The class certification motion was fully briefed as of November 16, 2015 and remains pending before the Court. On April 25, 2016, plaintiffs filed a letter motion to compel supplemental responses to certain discovery requests. The Magistrate Judge denied the motion. Expert discovery is scheduled to commence after a decision on class certification.
(11)
Subsequent Events
The Plan’s management evaluated subsequent events through the date on which the financial statements were issued, and determined that, other than those disclosed throughout the financial statements, no additional disclosures were required.
(12)
Reconciliation of Financial Statements to Form 5500
The following is a reconciliation of amounts reported in the financial statements to amounts reported on Form 5500 as of and for the years ended December 31, 2015 and 2014:

17

CITIGROUP 401(k) PLAN
Notes to Financial Statements
December 31, 2015 and 2014



 
 
2015
 
2014
Net assets available for benefits per the financial statements
$
11,419,198,002

 
$
11,589,473,539

Adjustment from contract value to fair value for fully benefit-responsive investment contracts
16,839,585

 
37,779,915

Net assets available for benefits per the Form 5500
$
11,436,037,587

 
$
11,627,253,454

Net (decrease) increase in net assets available for benefits per the financial statements
$
(170,275,537
)
 
$
536,977,487

Prior year adjustment from contract value to fair value for fully benefit-responsive investment contracts
(37,779,915
)
 
(36,775,429
)
Current year adjustment from contract value to fair value for fully benefit-responsive investment contracts
16,839,585

 
37,779,915

Net (decrease) increase in net assets per Form 5500
$
(191,215,867
)
 
$
537,981,973



18

CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
 
 
 
 
 
 
 
Cash equivalents and short-term investments:
 
 




 
 
Australian Dollar
 
 
19,994

$
14,460

$
14,547

 
Blackrock T-Funds
 
 
394,628,728

394,628,728

394,628,728

 
Brazilian Real
 
 
28,641

7,309

7,239

 
Canadian Dollar
 
 
2,751

1,997

1,980

 
Danish Krone
 
 
28,471

4,208

4,144

 
Euro Currency
 
 
727

769

790

 
Hong Kong Dollar
 
 
53,965

6,962

6,962

 
Indian Rupee
 
 
2,201,683

33,128

33,280

 
Indonesian Rupiah
 
 
99,072,395

7,180

7,187

 
Japanese Yen
 
 
1,215,658

10,090

10,106

 
Kenyan Shilling
 
 
8,972

104

88

 
Mexican Peso (New)
 
 
12,049

726

698

 
New Taiwan Dollar
 
 
587,157

17,897

17,876

 
New Zealand Dollar
 
 
13,325

9,050

9,122

 
Philippine Peso
 
 
277,637

5,870

5,900

 
Polish Zloty
 
 
3,365

857

852

 
Pound Sterling
 
 
30,408

45,087

44,818

 
Romanian Leu
 
 
3,559

853

855

 
South African Rand
 
 
27,138

1,803

1,751

 
South Korean Won
 
 
1,909,229

1,613

1,628

*
State Street (US Dollar) Fund
 
 
12,134,466

12,134,466

12,134,466

*
State Street Bank & Trust Co Short Term Investment Fund
0.28
 %
 
24,826,327

24,826,327

24,826,327


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

19


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
*
State Street Bank & Trust Co Government Short Term Investment Fund
0.06
 %
 
78,807,903

78,807,903

78,807,903

 
Turkish Lira
 
 
7,506

2,554

2,572

 
UAE Dirham
 
 
130,261

35,465

35,465

 
US Dollar Overdrawn
 
 
(106,799
)
(106,799
)
(106,799
)
 
Total cash equivalents and short-term investments
 
 
 
510,498,607

510,498,485

 
U.S. equities:
 
 
 
 
 
 
Abercrombie & Fitch Co
 
 
24,718

844,041

667,391

 
ABM Industries Inc
 
 
14,425

396,684

410,673

 
ACI Worldwide Inc
 
 
121,825

2,477,138

2,607,054

 
Actuant Corp
 
 
60,901

1,638,440

1,459,200

 
Advanced Energy Industries
 
 
24,572

583,027

693,678

 
Aegion Corp
 
 
19,771

475,045

381,773

 
Aep Industries Inc
 
 
4,595

263,959

354,491

 
Aimmune Therapeutics Inc
 
 
2,797

53,624

51,602

 
Air Lease Corp
 
 
8,090

256,247

270,850

 
Air Products and Chemicals Inc
 
 
32,425

4,397,942

4,218,783

 
Altria Group Inc
 
 
94,880

2,536,675

5,522,952

 
Ambac Financial Group Inc
 
 
19,978

293,485

281,483

 
American Assets Trust Inc REIT
 
 
8,091

323,223

310,286

 
American Axle Mfg Holdings
 
 
22,874

556,658

433,239

 
American Capital Mortgage In REIT
 
 
8,247

159,748

115,124

 
American Eagle Outfitters
 
 
100,021

1,499,460

1,550,333

 
American Express Co
 
 
56,070

3,370,107

3,899,659


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

20


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
American International Group
 
 
79,615

3,174,320

4,933,755

 
American Residential Propert REIT
 
 
20,125

363,426

380,369

 
American Woodmark Corp
 
 
7,891

358,955

631,132

 
Ameriprise Financial Inc
 
 
34,021

1,770,432

3,620,519

 
Amsurg Corp
 
 
7,267

355,681

552,279

 
Anika Therapeutics Inc
 
 
9,689

371,272

369,736

 
Anixter International Inc
 
 
4,346

416,788

262,462

 
Anthem Inc
 
 
23,745

1,820,731

3,310,987

 
Anworth Mortgage Asset Corp REIT
 
 
35,818

195,264

155,807

 
Apogee Enterprises Inc
 
 
999

52,886

43,461

 
Apollo Investment Corp
 
 
25,518

179,255

133,205

 
Applied Genetic Technologies
 
 
13,268

203,217

270,669

 
Arcbest Corp
 
 
13,285

437,717

284,167

 
Ardelyx Inc
 
 
2,897

53,255

52,489

 
Ares Commercial Real Estate REIT
 
 
30,254

398,516

346,105

 
Argan Inc
 
 
12,586

384,855

407,781

 
Ariad Pharmaceuticals Inc
 
 
12,486

86,824

78,037

 
Ascena Retail Group Inc
 
 
46,560

797,811

458,612

 
Aspen Technology Inc
 
 
24,572

917,601

927,852

 
Avalanche Biotechnologies Inc
 
 
40,554

664,648

386,078

 
Bank Of America Corp
 
 
347,593

6,601,839

5,849,994

 
Barrett Business Svcs Inc
 
 
5,294

267,696

230,503

 
Belden Inc
 
 
11,527

876,704

549,609


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

21


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Berry Plastics Group Inc
 
 
13,485

476,051

487,881

 
Big Lots Inc
 
 
1,698

72,851

65,444

 
Bloomin Brands Inc
 
 
9,689

162,031

163,649

 
Blucora Inc
 
 
64,328

1,077,346

630,411

 
BMC Stock Holdings Inc
 
 
19,916

383,898

333,586

 
Boise Cascade Co
 
 
2,897

87,472

73,954

 
Booz Allen Hamilton Holdings
 
 
12,947

289,652

399,428

 
Brink S Co
 
 
5,061

130,167

146,069

 
Bristow Group Inc
 
 
20,143

566,243

521,713

 
Brooks Automation Inc
 
 
14,412

157,107

153,918

 
Cabot Corp
 
 
7,183

419,935

293,638

 
CAC Maine Foods Inc
 
 
9,190

500,698

425,849

 
Cambrex Corp
 
 
17,048

697,432

802,782

 
Capital One Financial Corp
 
 
76,024

2,513,487

5,487,380

 
Cara Therapeutics Inc
 
 
2,697

42,532

45,471

 
Cardinal Health Inc
 
 
46,392

1,545,561

4,141,443

 
Cascade Microtech Inc
 
 
17,081

223,549

277,563

 
Cavco Industries Inc
 
 
8,488

637,962

707,173

 
Celldex Therapeutics Inc
 
 
16,282

238,746

255,297

 
Centene Corp
 
 
7,192

229,345

473,300

 
Central Garden And Pet Co A
 
 
32,364

542,244

440,145

 
Century Casinos Inc
 
 
4,295

31,306

33,416

 
Chatham Lodging Trust REIT
 
 
46,153

1,059,553

945,215


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

22


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Chemed Corp
 
 
6,552

660,849

981,434

 
Chevron Corp
 
 
47,390

4,232,227

4,263,205

 
Chimerix Inc
 
 
7,991

293,533

71,520

 
Churchill Downs Inc
 
 
1,598

226,486

226,130

 
Cigna Corp
 
 
28,534

1,124,041

4,175,347

 
Cirrus Logic Inc
 
 
15,982

550,406

471,949

*
Citigroup Inc
 
 
12,081,937

1,001,224,859

625,240,221

 
Cloud Peak Energy Inc
 
 
43,215

572,318

89,888

 
Clubcorp Holdings Inc
 
 
11,126

194,378

203,281

 
Coherent Inc
 
 
11,801

769,010

768,345

 
Coherus Biosciences Inc
 
 
8,490

194,852

194,941

 
Colony Financial Inc REIT
 
 
6,475

137,592

126,127

 
Columbia Banking System Inc
 
 
12,128

243,480

394,293

 
Comfort Systems Usa Inc
 
 
5,893

138,474

167,490

 
Concert Pharmaceuticals Inc
 
 
18,180

401,891

344,866

 
Conocophillips
 
 
80,912

4,328,771

3,777,791

 
Consumer Portfolio Services
 
 
5,893

36,541

30,587

 
Convergys Corp
 
 
7,312

163,378

181,990

 
Corvel Corp
 
 
1,698

56,957

74,580

 
CRA International Inc
 
 
2,642

62,097

49,274

 
Crane Co
 
 
20,303

1,076,021

971,303

 
Cross Country Healthcare Inc
 
 
8,391

138,266

137,521

 
Cubic Corp
 
 
12,121

564,826

572,734


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

23


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Culp Inc
 
 
5,793

164,160

147,560

 
Curtiss Wright Corp
 
 
18,495

1,185,299

1,266,921

 
CYS Investments Inc REIT
 
 
60,999

537,004

434,926

 
Cytokinetics Inc
 
 
28,068

194,489

293,596

 
Dave & Buster's
 
 
18,679

719,171

779,661

 
Dean Foods Co
 
 
42,852

739,380

734,908

 
Deere Co
 
 
32,824

2,967,519

2,503,472

 
Demand Media Inc
 
 
8,890

81,470

48,895

 
Depomed Inc
 
 
16,182

365,982

293,376

 
Dermira Inc
 
 
11,587

330,517

401,025

 
Dhi Group Inc
 
 
66,108

609,198

606,207

 
Discover Financial Services
 
 
59,063

1,185,965

3,166,954

 
Donaldson Co Inc
 
 
41,895

1,530,678

1,200,707

 
Drew Industries Inc
 
 
13,233

643,605

805,764

 
Dril Quip Inc
 
 
2,564

149,719

151,873

 
E Trade Financial Corp
 
 
96,177

1,388,490

2,850,680

 
Earthlink Holdings Corp
 
 
98,589

778,959

732,517

 
Eaton Vance Corp
 
 
46,834

1,819,765

1,518,837

 
Eldorado Resorts Inc
 
 
19,079

182,224

209,864

 
Emcor Group Inc
 
 
1,299

60,713

62,382

 
Emergent Biosolutions Inc
 
 
14,783

456,733

591,483

 
Employers Holdings Inc
 
 
27,969

743,093

763,541

 
Endocyte Inc
 
 
4,894

20,280

19,627


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

24


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Enersys
 
 
49,180

3,147,312

2,750,619

 
Enteromedics Inc
 
 
22,241

—    

—    

 
Eplus Inc
 
 
300

24,845

27,947

 
Euronet Worldwide Inc
 
 
899

72,282

65,114

 
Express Inc
 
 
48,046

883,525

830,234

 
Extreme Networks Inc
 
 
41,353

175,619

168,722

 
Fairmount Santrol Holdings
 
 
188,363

2,553,215

442,653

 
Farmer Bros Co
 
 
3,196

100,203

103,148

 
Federal Agric Mtg Corp
 
 
4,495

143,837

141,905

 
Fidelity Southern Corp
 
 
33,792

637,167

753,899

 
Fifth Street Finance Corp
 
 
32,628

304,480

208,169

 
Fifth Third Bancorp
 
 
167,711

2,031,236

3,370,986

 
Finish Line
 
 
29,948

781,885

541,465

 
First American Financial
 
 
22,893

600,139

821,868

 
First Cash Finl Svcs Inc
 
 
31,721

1,381,911

1,187,332

 
First Citizens Bcshs
 
 
1,773

417,129

457,737

 
First Defiance Finl Corp
 
 
4,595

167,351

173,593

 
First Niagara Financial Grp
 
 
137,680

1,353,896

1,493,833

 
Five Prime Therapeutics Inc
 
 
4,894

117,316

203,122

 
FMC Corp
 
 
75,126

3,695,992

2,939,666

 
Fonar Corp
 
 
22,974

367,358

396,534

 
Forum Energy Technologies In
 
 
11,867

348,031

147,858

 
Forward Air Corp
 
 
24,684

1,091,613

1,061,669


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

25


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Fossil Group Inc
 
 
61,061

4,350,914

2,232,402

 
Freightcar America Inc
 
 
15,383

353,042

298,886

 
FTD Cos Inc
 
 
11,616

370,187

303,989

 
FTI Consulting Inc
 
 
9,879

331,053

342,402

 
Futurefuel Corp
 
 
4,195

46,876

56,636

 
G & K Services Inc
 
 
4,699

275,853

295,549

 
General Cable Corp
 
 
17,980

237,902

241,468

 
General Communication Inc
 
 
9,090

145,164

179,796

 
General Dynamics Corp
 
 
22,947

1,760,068

3,151,964

 
Geron Corp
 
 
18,379

83,057

88,956

 
Gibraltar Industries Inc
 
 
8,490

216,401

215,997

 
Gigamon Inc
 
 
4,795

129,930

127,393

 
Global Brass and Copper Holding Inc.
 
 
13,285

252,476

282,972

 
Granite Construction Inc
 
 
11,881

458,600

509,798

 
Graphic Packaging Holding Co
 
 
93,827

967,439

1,203,806

 
Gray Television Inc
 
 
36,659

514,738

597,538

 
Group 1 Automotive Inc
 
 
7,006

456,831

530,363

 
Gulf Island Fabrication Inc
 
 
10,691

119,732

111,828

 
Hackett Group Inc
 
 
21,875

350,605

351,538

 
Hanesbrands Inc
 
 
165,616

1,044,860

4,874,067

 
Hanger Inc
 
 
13,123

444,409

215,877

 
Hanover Insurance Group Inc
 
 
7,715

337,725

627,564

 
Hatteras Financial Corp REIT
 
 
25,623

499,936

336,945


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

26


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Hawaiian Holdings Inc
 
 
24,373

631,520

861,083

 
Heartware International Inc
 
 
8,590

466,069

432,953

 
Heidrick & Struggles Intl
 
 
11,350

230,533

308,953

 
Helix Energy Solutions Group
 
 
52,747

1,051,637

277,447

 
Herman Miller Inc
 
 
6,393

181,073

183,474

 
Hibbett Sports Inc
 
 
4,921

152,238

148,825

 
Hillenbrand Inc
 
 
12,501

391,781

370,403

 
Hometrust Bancshares Inc
 
 
9,989

184,061

202,272

 
Honeywell International Inc
 
 
27,436

1,443,057

2,841,580

 
Hooker Furniture Corp
 
 
2,997

78,206

75,635

 
Huntington Ingalls Industrie
 
 
8,791

697,108

1,115,152

 
Hurco Companies Inc
 
 
4,595

123,360

122,039

 
ICU Medical Inc
 
 
7,092

680,229

799,838

 
IDT Corp
 
 
11,213

182,293

130,748

 
Inc Research Holdings Inc
 
 
16,481

542,614

799,516

 
Infinity Pharmaceuticals Inc
 
 
48,446

389,441

380,297

 
Infinity Property & Casualty
 
 
3,281

218,223

269,822

 
Innospec Inc
 
 
2,997

131,269

162,747

 
Inphi Corp
 
 
3,796

109,920

102,561

 
Insight Enterprises Inc
 
 
13,921

377,775

349,704

 
Insperity Inc Wd
 
 
5,494

282,176

264,527

 
Insteel Industries Inc
 
 
12,995

298,901

271,863

 
Integra Lifesciences Holding
 
 
8,336

349,714

564,989


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

27


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Integrated Device Tech Inc
 
 
23,673

531,870

623,793

 
Intel Corp
 
 
76,223

2,387,200

2,625,885

 
Inteliquent Inc
 
 
38,817

437,834

689,784

 
Intl Speedway Corp
 
 
7,424

238,424

250,325

 
Isle Of Capri Casinos
 
 
31,165

598,500

434,128

 
Ixia
 
 
28,568

416,600

355,099

 
Ixys Corporation
 
 
3,796

46,133

47,940

 
Jack In The Box Inc
 
 
699

62,284

53,637

 
Jetblue Airways Corp
 
 
2,597

54,470

58,824

 
Johnson & Johnson
 
 
40,406

2,589,178

4,150,527

 
Johnson Controls Inc388
 
 
96,177

4,687,886

3,798,021

 
Jpmorgan Chase & Co
 
 
89,293

3,670,653

5,896,000

 
K12 Inc
 
 
9,689

143,342

85,264

 
KAR Auction Services Inc
 
 
18,198

558,781

673,855

 
KBR Inc
 
 
136,982

4,303,909

2,317,737

 
Kcg Holdings Inc
 
 
55,737

703,981

686,126

 
Keycorp
 
 
224,778

2,881,040

2,964,826

 
Kindred Healthcare Inc
 
 
23,940

590,276

285,126

 
Knoll Inc
 
 
13,565

256,251

255,017

 
Koppers Holdings Inc
 
 
16,981

345,246

309,901

 
Korn/Ferry International
 
 
8,868

266,223

294,241

 
La Z Boy Inc
 
 
18,579

507,505

453,702

 
Landstar System Inc
 
 
2,485

153,217

145,757


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

28


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Lemaitre Vascular Inc
 
 
8,490

118,123

146,460

 
Lhc Group Inc
 
 
9,689

363,462

438,819

 
Lifepoint Hospitals Inc
 
 
5,764

305,072

423,042

 
Lifevantage Corp
 
 
22,475

189,236

213,959

 
Lincoln Electric Holdings
 
 
18,489

1,127,975

959,405

 
Lindsay Corp
 
 
14,874

1,154,453

1,076,897

 
Live Nation Entertainment In
 
 
20,010

421,496

491,658

 
Logmein Inc
 
 
3,796

206,499

254,693

 
Macrogenics Inc
 
 
14,983

459,437

464,028

 
Manhattan Associates Inc
 
 
8,990

571,159

594,861

 
Masimo Corp
 
 
4,395

180,057

182,439

 
Matson Inc
 
 
9,689

380,640

413,046

 
Maximus Inc
 
 
9,149

399,466

514,615

 
Maxlinear Inc
 
 
16,881

288,078

248,657

 
Mbia Inc
 
 
53,040

475,543

343,701

 
Mcbc Holdings Inc
 
 
16,182

221,791

221,691

 
Medifast Inc
 
 
21,588

653,816

655,835

 
Men S Wearhouse Inc
 
 
29,299

1,118,601

430,110

 
Mercadolibre Inc
 
 
12,923

1,481,218

1,477,566

 
Merck & Co. Inc.
 
 
70,337

3,567,506

3,715,187

 
Metaldyne Performance Group
 
 
6,593

129,712

120,908

 
MFA Financial Inc REIT
 
 
80,151

636,873

528,996

 
Microchip Technology Inc
 
 
97,873

2,785,405

4,555,002


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

29


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Microsemi Corp
 
 
18,279

653,594

595,727

 
Microsoft Corp
 
 
81,810

1,702,365

4,538,825

 
Microstrategy Inc
 
 
3,596

650,910

644,719

 
Minerals Technologies Inc
 
 
7,594

448,736

348,282

 
Molina Healthcare Inc
 
 
15,483

749,413

930,968

 
Momenta Pharmaceuticals Inc
 
 
26,370

473,893

391,336

 
Movado Group Inc
 
 
9,789

265,634

251,675

 
MRC Global Inc
 
 
20,214

518,955

260,764

 
Msc Industrial Direct Co
 
 
18,159

1,344,703

1,021,783

 
Mueller Industries Inc
 
 
5,223

156,899

141,547

 
Multi Packaging Solutions Inc
 
 
12,968

173,857

225,002

 
Myriad Genetics Inc
 
 
7,292

319,075

314,714

 
Nationstar Mortgage Holdings
 
 
22,187

687,834

296,641

 
Natus Medical Inc
 
 
6,792

277,508

326,373

 
Nautilus Inc
 
 
18,979

318,778

317,323

 
Navient Corp
 
 
244,632

3,595,095

2,801,039

 
Navigant Consulting Inc
 
 
64,438

1,106,398

1,034,866

 
Navigators Group Inc
 
 
32,775

2,085,582

2,811,778

 
Nci Building Systems Inc
 
 
1,398

17,248

17,354

 
Nelnet Inc
 
 
11,507

452,187

386,292

 
Neos Therapeutics Inc
 
 
2,808

36,427

40,208

 
Net 1 Ueps Technologies Inc
 
 
39,728

536,315

536,729

 
Netgear Inc
 
 
8,512

274,824

356,756


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

30


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Neurocrine Biosciences Inc
 
 
2,098

93,935

118,664

 
Neustar Inc
 
 
21,676

594,209

519,565

 
Nevro Corp
 
 
2,997

199,128

202,302

 
New York Community Bancorp
 
 
264,386

3,998,671

4,314,785

 
Nielsen Holdings PLC
 
 
92,984

4,450,494

4,333,063

 
Nordson Corp
 
 
7,890

560,081

506,151

 
Norwegian Cruise Line Holdings
 
 
70,137

3,660,171

4,110,041

 
NU Skin Enterprises Inc
 
 
76,597

4,022,267

2,902,254

 
Nutrisystem Inc
 
 
8,665

209,700

187,516

 
NVR Inc
 
 
3,622

3,775,626

5,950,279

 
Occidental Petroleum Corp
 
 
58,165

3,960,306

3,932,536

 
Ophthotech Corp
 
 
7,092

358,220

556,936

 
Oracle Corp
 
 
99,469

3,910,889

3,633,607

 
Outerwall Inc
 
 
9,789

645,193

357,690

 
Owens & Minor Inc
 
 
14,009

489,187

504,052

 
Owens Corning
 
 
121,019

4,678,304

5,691,529

 
Oxford Industries Inc
 
 
4,495

356,215

286,867

 
Parexel International Corp
 
 
12,388

718,925

843,875

 
Parsley Energy Inc
 
 
27,361

531,854

504,815

 
PDL Biopharma Inc
 
 
37,058

302,797

131,186

 
Pebblebrook Hotel Trust REIT
 
 
3,097

86,093

86,764

 
Pegasystems Inc
 
 
5,094

126,680

140,092

 
People S United Financial
 
 
219,890

2,641,280

3,551,218


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

31


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Pfenex Inc
 
 
19,378

332,308

239,902

 
Pfizer Inc
 
 
142,027

3,130,395

4,584,643

 
PHH Corp
 
 
28,712

708,735

465,130

 
Philip Morris International
 
 
38,810

2,230,681

3,411,780

 
Phillips 66
 
 
35,817

2,563,415

2,929,820

 
Pinnacle Entertainment Inc
 
 
7,691

284,466

239,355

 
PNC Financial Services Group
 
 
44,397

2,233,720

4,231,474

 
PNM Resources Inc
 
 
9,360

257,926

286,150

 
Portola Pharmaceuticals Inc
 
 
4,994

249,246

256,961

 
Prestige Brands Holdings Inc
 
 
7,791

398,657

401,093

 
Progenics Pharmaceuticals
 
 
60,379

395,260

370,124

 
Progress Software Corp
 
 
26,970

689,312

647,272

 
Provident Financial Hldgs
 
 
599

10,807

11,321

 
Qualcomm Inc
 
 
61,956

4,398,552

3,096,881

 
Radian Group Inc
 
 
37,731

538,882

505,212

 
Raytheon Company
 
 
26,439

1,373,047

3,292,403

 
Rci Hospitality Holdings Inc
 
 
5,094

54,999

50,892

 
Rent A Center Inc
 
 
13,744

363,596

205,741

 
Resources Connection Inc
 
 
10,388

182,113

169,745

 
Retailmenot Inc
 
 
32,663

315,199

324,020

 
Rex American Resources Corp
 
 
292

14,407

15,771

 
Reynolds American Inc
 
 
114,590

4,097,276

5,288,330

 
Rigel Pharmaceuticals Inc
 
 
72,419

315,782

219,428


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

32


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Rofin Sinar Technologies Inc
 
 
26,870

688,637

719,573

 
RPX Corp
 
 
80,716

1,251,763

887,878

 
Rsp Permian Inc
 
 
19,223

471,561

468,858

 
Ruth S Hospitality Group Inc
 
 
6,992

117,175

111,315

 
Safety Insurance Group Inc
 
 
20,459

1,104,901

1,153,478

 
Sanderson Farms Inc
 
 
1,199

103,911

92,919

 
Sangamo Biosciences Inc
 
 
21,979

195,127

200,671

 
Sanmina Corp
 
 
8,291

112,835

170,622

 
Saul Centers Inc REIT
 
 
4,512

224,467

231,326

 
Schweitzer Mauduit Intl Inc
 
 
16,954

699,004

711,895

 
Sciclone Pharmaceuticals Inc
 
 
65,526

507,890

602,842

 
Seaworld Entertainment Inc
 
 
205,623

4,743,016

4,048,712

 
Select Comfort Corporation
 
 
20,877

533,647

446,966

 
Select Medical Holdings Corp
 
 
25,798

359,281

307,254

 
Sensient Technologies Corp
 
 
2,571

143,230

161,517

 
Shake Shack Inc
 
 
999

40,199

39,556

 
Shenandoah Telecommunication
 
 
6,892

275,866

296,711

 
Shoretel Inc
 
 
74,816

660,463

662,120

 
Silver Bay Realty Trust Corp REIT
 
 
14,280

215,342

223,624

 
SL Inds Inc
 
 
2,907

129,982

92,667

 
SLM Corp
 
 
522,510

4,549,630

3,406,764

 
Smith and Wesson Holding Corp
 
 
28,268

495,766

621,335

 
Sorrento Therapeutics Inc
 
 
18,979

245,208

165,304


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

33


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Spark Energy Inc
 
 
4,795

68,527

99,344

 
Spartannash Co
 
 
6,007

170,416

129,997

 
Spirit Aerosystems Hold
 
 
90,690

3,418,797

4,540,824

 
Spok Holdings Inc
 
 
6,692

99,907

122,606

 
Spx Flow Inc
 
 
45,993

2,449,462

1,283,672

 
Stancorp Financial Group
 
 
3,992

252,564

454,553

 
Standex International Corp5
 
 
699

56,058

58,140

 
Stanley Black & Decker Inc
 
 
48,787

2,998,852

5,207,012

 
Starz
 
 
13,603

434,416

455,690

*
State Street Corp
 
 
110,178

3,936,653

7,311,421

 
Stepan Co
 
 
3,796

197,563

188,610

 
Steven Madden Ltd
 
 
16,146

528,737

487,927

 
Sucampo Pharmaceuticals
 
 
15,882

269,944

274,602

 
Summit Hotel Properties Inc REIT
 
 
3,596

43,404

42,972

 
Sykes Enterprises Inc
 
 
27,723

510,707

853,308

 
Symetra Financial Corp
 
 
21,877

443,347

695,045

 
Synnex Corp
 
 
14,098

773,854

1,267,846

 
Target Corp
 
 
36,914

2,124,539

2,680,349

 
Teletech Holdings Inc
 
 
21,749

575,761

607,002

 
Teradyne Inc
 
 
15,870

301,535

328,036

 
Terex Corp
 
 
23,065

834,792

426,242

 
Tessera Technologies Inc
 
 
5,194

185,262

155,877

 
Tetra Tech Inc
 
 
15,097

376,684

392,824


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

34


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Texas Instruments Inc
 
 
84,903

2,451,703

4,653,530

 
Thermon Group Holdings Inc
 
 
70,415

1,571,858

1,191,418

 
Thor Industries Inc
 
 
17,059

1,059,588

957,852

 
Timken Co
 
 
62,478

2,101,060

1,786,238

 
Trevena Inc
 
 
35,860

373,182

376,526

 
Trueblue Inc
 
 
8,091

196,361

208,422

 
Tupperware Brands Corp
 
 
44,442

2,884,899

2,473,198

 
Tutor Perini Corp
 
 
11,824

280,660

197,929

 
Two Harbors Investment Corp REIT
 
 
73,410

750,064

594,624

 
Tyco International Plc
 
 
80,613

2,859,253

2,570,745

 
Tyler Technologies Inc
 
 
899

155,480

156,712

 
Ultragenyx Pharmaceutical In
 
 
300

29,229

33,616

 
United Fire Group Inc
 
 
2,697

92,344

103,321

 
United Online Inc When Issue
 
 
18,200

211,451

214,572

 
United Technologies Corp
 
 
46,352

4,430,472

4,453,077

 
Unitedhealth Group Inc
 
 
32,824

1,491,559

3,861,394

 
Universal Corp
 
 
4,747

251,293

266,193

 
Verizon Communications Inc
 
 
86,907

3,659,686

4,016,855

 
Virtus Investment Partners
 
 
11,293

1,889,470

1,326,511

 
Vwr Corp
 
 
10,688

276,292

302,577

 
Wabash National Corp
 
 
66,825

903,379

790,538

 
Walker & Dunlop Inc
 
 
37,643

634,572

1,084,485

 
Washington Federal Inc
 
 
21,455

470,620

511,269


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

35


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Web.Com Group Inc
 
 
35,960

868,808

719,551

 
Weis Markets Inc
 
 
3,196

132,591

141,601

 
Wells Fargo & Co
 
 
109,646

3,532,217

5,978,220

 
Wesco International Inc
 
 
13,142

936,035

574,052

 
Western Refining Inc
 
 
13,300

550,957

473,747

 
Woodward Inc
 
 
42,570

1,971,316

2,114,032

 
World Fuel Services Corp
 
 
39,691

1,749,445

1,526,529

 
Xo Group Inc
 
 
16,382

272,947

263,088

 
Yrc Worldwide Inc
 
 
27,070

408,775

383,846

 
Zagg Inc
 
 
47,941

374,398

524,475

 
Zeltiq Aesthetics Inc
 
 
10,089

336,656

287,829

 
Zix Corp
 
 
116,769

581,013

593,177

 
Total U.S. equities
 
 
 
1,336,225,340

1,003,097,313

 
Non-U.S. equities:
 
 
 
 
 
 
3I Group Plc
 
 
28,368

182,172

201,367

 
58.Com Inc
 
 
12,875

582,375

849,248

 
Aalberts Industries Nv
 
 
19,958

533,325

689,204

 
Abcam Plc
 
 
122,038

833,857

1,196,146

 
Adani Ports And Special Econ
 
 
37,294

188,399

146,963

 
Advantech Co Ltd
 
 
60,502

411,356

389,567

 
Afreecatv Co Ltd
 
 
26,873

815,107

641,721

 
Aia Group Ltd
 
 
217,324

1,296,741

1,306,720

 
Air Arabia Pjsc
 
 
2,109,337

804,891

781,023


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

36


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
AIR Water Inc
 
 
37,927

579,327

616,693

 
Airports Of Thailand Pcl
 
 
48,350

407,943

464,886

 
Ajisen China Holdings Ltd
 
 
277,465

219,554

123,156

 
Alibaba Group Holding
 
 
30,406

2,522,620

2,471,125

 
Altisource Portfolio Sol
 
 
5,594

151,763

155,561

 
Altran Technologies Sa
 
 
50,373

515,286

675,246

 
Amadeus It Holding
 
 
21,740

830,765

960,829

 
Ambev
 
 
277,220

1,764,827

1,236,402

 
Ambu
 
 
41,054

752,691

1,251,971

 
Amorepacific Corp
 
 
1,288

377,249

455,309

 
Anadolu Hayat Emeklilik
 
 
336,555

657,293

697,590

 
Anta Sports Products Ltd
 
 
55,826

159,534

153,429

 
Apollo Hospitals Enterprise
 
 
7,315

109,535

161,926

 
Argo Group International
 
 
1,252

61,356

74,895

 
Ashikaga Holdings Co Ltd
 
 
185,043

751,551

727,591

 
Ashmore Group Plc
 
 
605,340

3,544,489

2,285,461

 
Asian Paints Ltd
 
 
18,363

233,663

244,967

 
Aspen Insurance Holdings Ltd
 
 
40,745

1,859,724

1,967,991

 
Aspen Insurance Holdings Ltd
 
 
14,883

726,012

718,861

 
Aspen Pharmacare Holdings Ltd
 
 
19,500

535,910

389,465

 
Assured Guaranty Ltd
 
 
11,523

279,243

304,554

 
Astra International Tbk
 
 
810,577

367,052

352,808

 
Aurobindo Pharma Ltd
 
 
20,303

255,923

268,423


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

37


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Auto Trader Group Plc
 
 
113,890

468,882

745,307

 
Autohome Inc
 
 
21,059

778,794

735,395

 
Avanza Bank Holding Ab
 
 
21,400

735,689

932,842

 
AVG Technologies
 
 
16,881

383,330

338,464

 
Avichina Industry
 
 
199,379

219,412

156,928

 
Axiare Patrimonio Socimi Sa REIT
 
 
98,328

1,242,974

1,409,935

 
Axis Bank Ltd Depository Receipt
 
 
39,692

1,616,535

1,335,651

 
Axis Capital Holdings Ltd25
 
 
34,984

1,759,910

1,966,781

 
Ayala Land Inc
 
 
550,487

451,567

403,023

 
Baidu Inc
 
 
8,410

1,631,791

1,589,808

 
Banca Generali Spa
 
 
20,667

564,871

655,113

 
Banca Transilvania
 
 
709,767

376,338

414,370

 
Banco Bradesco
 
 
126,649

751,925

609,181

 
Banco Santander Chile
 
 
16,078

394,281

283,615

 
Bangkok Airways
 
 
1,349,001

764,183

865,970

 
Bangkok Dusit Med Service
 
 
502,636

322,573

311,485

 
Bank Negara Indonesia Perser
 
 
2,762,402

1,125,102

999,955

 
Bank Of The Ryukyus Ltd
 
 
41,819

662,904

593,770

 
Bank Rakyat Indonesia Perser
 
 
1,020,102

746,350

845,460

 
Baron De Ley
 
 
3,199

302,281

385,714

 
BB Seguridade Participacoes
 
 
61,186

584,089

376,277

 
Bdo Unibank Inc
 
 
186,450

439,654

416,050

 
BEC World Pcl
 
 
597,948

729,332

506,806


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

38


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Bec World Public Co Ltd
 
 
2,695

2,285

2,284

 
Beijing Enterprises Water Gr
 
 
456,579

222,837

321,072

 
Bharti Infratel Ltd
 
 
43,519

272,933

279,966

 
Bidvest Group Ltd
 
 
10,010

252,670

212,018

 
Bim Birlesik Magazalar
 
 
10,717

219,428

188,533

 
Binggrae Co Ltd
 
 
4,946

413,871

288,971

 
Biomerieux
 
 
3,488

361,585

416,446

 
Booker Group Plc
 
 
114,701

335,189

306,840

 
BP Plc Spons
 
 
140,175

5,640,148

4,381,860

 
BR Malls Participacoes Sa
 
 
61,581

419,040

172,778

 
Brasil Brokers Participacoes
 
 
315,392

285,013

104,433

 
Brenntag Ag
 
 
15,210

754,799

797,696

 
BRF Sa
 
 
18,144

392,217

254,067

 
Britannia Industries Ltd
 
 
6,175

298,091

278,142

 
BT Investment Management Ltd
 
 
99,971

548,719

935,362

 
Bursa Malaysia Bhd
 
 
205,604

498,171

399,858

 
Byggmax Group Ab
 
 
53,252

355,824

549,541

 
Cairn Homes Plc
 
 
234,498

297,934

304,409

 
Carnival Corp
 
 
109,346

4,174,824

5,957,181

 
Central Pattana Pub Co
 
 
226,894

313,748

296,346

 
Cetip Sa Mercados Organizado
 
 
32,506

359,574

308,112

 
China Construction Bank
 
 
3,172,126

3,010,538

2,173,376

 
China Everbright Intl Ltd
 
 
211,342

350,038

271,331


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

39


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
China Machinery Engineering
 
 
373,836

271,360

274,463

 
China Mengniu Dairy Co
 
 
125,609

358,393

204,860

 
China Mobile Ltd
 
 
73,770

943,411

832,875

 
China Overseas Land and Invest
 
 
261,187

844,329

913,294

 
China Pacific Insurance
 
 
552,879

2,665,958

2,272,111

 
China Petroleum + Chemical H
 
 
1,256,090

764,246

760,123

 
China Resources Land Ltd
 
 
203,367

594,865

593,033

 
China Vanke Co Ltd H
 
 
321,898

675,190

951,138

 
Chugoku Marine Paints Ltd
 
 
110,787

939,787

821,494

 
Cielo Sa
 
 
45,159

542,156

383,420

 
CJ Cheiljedang Corp
 
 
1,731

627,071

557,184

 
Cochlear Ltd
 
 
10,211

618,115

710,088

 
Computer Modelling Group Ltd
 
 
22,956

238,552

148,400

 
Concentric Ab
 
 
88,058

1,012,803

1,117,619

 
Convenience Retail Asia Ltd
 
 
670,708

459,265

301,164

 
Cosan Ltd
 
 
353,917

1,705,001

1,305,955

 
Coway Co Ltd
 
 
3,711

271,484

266,200

 
Cp All Pcl
 
 
298,770

413,225

325,878

 
Credicorp Ltd
 
 
5,703

800,420

555,040

 
Credit Saison Co Ltd
 
 
27,148

508,827

541,848

 
Credito Real Sab De Cv
 
 
153,622

421,692

388,788

 
CRH Plc Sponsored
 
 
174,794

3,755,394

5,037,572

 
Cspc Pharmaceutical Group Ltd
 
 
638,769

664,245

652,768


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

40


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Ctrip.Com International
 
 
8,441

430,890

391,059

 
CTS Eventim Ag & Co Kgaa
 
 
21,294

610,850

849,857

 
Cub Elecparts Inc
 
 
15,050

167,911

180,069

 
Cyfrowy Polsat Sa
 
 
100,520

577,953

531,498

 
Dabur India Ltd
 
 
43,377

181,169

181,163

 
Daiichikosho Co Ltd
 
 
17,067

463,284

681,720

 
Dali Foods Group Co Ltd
 
 
410,722

276,572

233,179

 
DCC Plc
 
 
13,334

775,270

1,112,385

 
Delphi Automotive Plc
 
 
27,037

1,165,629

2,317,903

 
Delta Electronics Inc
 
 
160,691

792,840

760,722

 
Descartes Systems Grp
 
 
30,641

472,620

614,099

 
Descente Ltd
 
 
998

11,774

12,794

 
Dfs Furniture Plc
 
 
165,561

656,846

811,124

 
Direct Line Insurance Group
 
 
109,484

583,259

657,577

 
Discovery Ltd
 
 
19,396

141,634

166,413

 
DKSH Holding Ltd
 
 
13,435

967,130

850,264

 
Doctor Reddy S Lab
 
 
6,462

362,070

299,121

 
Dometic Group Ab
 
 
69,442

426,957

447,265

 
DP World Ltd
 
 
65,244

1,368,321

1,324,452

 
Dubai Islamic Bank
 
 
138,131

295,893

232,412

 
Dufry Ag Reg
 
 
6,645

977,125

796,627

 
E.Sun Financial Holding Co
 
 
533,514

298,983

311,042

 
Eaton Corp Plc
 
 
45,594

2,378,773

2,372,721


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

41


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Ebiquity Plc
 
 
173,727

334,699

357,199

 
Eclat Textile Company Ltd
 
 
16,947

263,908

233,981

 
Edenred
 
 
27,274

656,444

517,013

 
Edita Food Industries
 
 
29,184

472,416

539,900

 
Eicher Motors Ltd
 
 
497

152,049

126,701

 
Emaar Malls Group Pjsc
 
 
269,250

229,039

202,322

 
Emaar Properties Pjsc
 
 
535,208

1,146,204

829,114

 
Eo Technics Co Ltd
 
 
6,512

626,016

693,151

 
Erste Group Bank Ag
 
 
38,801

1,122,312

1,218,550

 
Essent Group Ltd5
 
 
15,808

346,212

346,042

 
Eurofins Scientific
 
 
4,272

1,125,654

1,493,520

 
Eva Precision Industrial Hld
 
 
3,112,313

810,532

554,182

 
Everest Re Group Ltd
 
 
8,374

1,302,374

1,533,119

 
Exova Group Plc
 
 
253,324

688,258

540,459

 
Feng Tay Enterprise Co Ltd
 
 
23,926

134,672

122,370

 
Ferroglobe Plc
 
 
21,985

436,749

236,342

 
Fibra Uno Administracion Sa REIT
 
 
183,830

533,477

404,356

 
First Gulf Bank
 
 
59,204

166,362

203,901

 
Firstrand Ltd
 
 
96,200

363,989

263,043

 
Fisher & Paykel Healthcare C
 
 
204,188

837,139

1,244,103

 
Flybe Group Plc
 
 
402,911

731,010

543,373

 
Fomento Economico Mex Sp
 
 
6,253

578,315

577,422

 
Fresh Del Monte Produce
 
 
69

1,862

2,680


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

42


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Fubon Financial Holding Co
 
 
179,790

240,223

246,311

 
Fufeng Group Ltd
 
 
1,722,681

872,379

777,970

 
Fujitec Co Ltd
 
 
88,529

906,443

918,448

 
Fujitsu General Ltd
 
 
50,902

650,746

656,294

 
Geely Automobile Holdings Ltd
 
 
378,821

202,507

201,871

 
Georgia Healthcare Group Plc
 
 
129,750

368,027

296,420

 
Global Indemnity Plc
 
 
9,488

255,847

275,351

 
Great Wall Motor Company
 
 
460,068

587,206

537,230

 
Greencross Ltd
 
 
98,206

423,814

478,712

 
Grifols Sa
 
 
17,000

693,027

787,264

 
Grifols Sa B Preference
 
 
3,600

127,854

116,990

 
Grupo Aeroport Del Pacific
 
 
18,144

146,961

159,930

 
Grupo Aeroportuario Sur
 
 
1,925

291,308

270,791

 
Grupo Fin Santander
 
 
48,464

374,273

420,184

 
Grupo Fin Santander
 
 
101,883

188,257

178,032

 
Grupo Financiero Inbursa O
 
 
96,300

266,494

174,020

 
Grupo Lala Sab De Cv
 
 
150,410

362,115

347,305

 
GS Retail Co Ltd
 
 
11,281

270,326

517,617

 
Haier Electronics Group Co
 
 
322,678

532,092

654,503

 
Havas Sa
 
 
48,619

424,549

409,687

 
Hays Plc
 
 
338,122

669,727

727,103

 
HDFC Bank Limited
 
 
61,004

703,879

997,413

 
Hikari Tsushin Inc
 
 
14,173

987,206

971,983


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

43


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Hindustan Unilever Ltd
 
 
22,664

335,660

295,038

 
Hoshino Resorts Reit Inc REIT
 
 
64

637,104

666,939

 
Hotel Shilla Co Ltd
 
 
1,342

139,252

88,459

 
Housing Development Finance
 
 
46,259

776,263

883,488

 
Huaneng Renewables Corp H
 
 
1,038,835

440,321

310,974

 
Huhtamaki Oyj
 
 
15,838

451,835

576,379

 
Huntsworth Plc
 
 
307,099

245,677

178,790

 
Icici Bank Ltd
 
 
165,766

1,693,800

1,297,948

 
Icon Plc
 
 
6,295

285,037

489,115

 
Iguatemi Emp De Shopping
 
 
34,633

308,126

165,539

 
Ihh Healthcare Bhd
 
 
103,378

173,000

158,432

 
IMCD Group Nv
 
 
20,661

627,686

764,564

 
Indusind Bank Ltd
 
 
39,953

418,402

582,172

 
Indutrade Ab
 
 
7,740

295,392

441,144

 
Infosys Ltd
 
 
54,138

970,287

905,905

 
Infraestructura Energetica N
 
 
41,172

211,330

171,661

 
Integrated Diagnostics Holding
 
 
173,217

981,154

856,557

 
Intermediate Capital Group
 
 
73,163

565,094

676,126

 
Interpark Corp
 
 
31,065

623,742

605,380

 
Intertrust Nv
 
 
20,638

366,761

454,215

 
Intl Container Term Svcs Inc
 
 
60,153

139,677

89,868

 
Investec Plc
 
 
121,987

1,037,603

861,945

 
Invincible Investment Corp REIT
 
 
1,335

684,815

781,529


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

44


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
IP Group Plc
 
 
175,369

590,529

529,877

 
IQU Plc
 
 
2,065,662

545,445

532,801

 
Itau Unibanco Holding S Pref Preference
 
 
106,369

780,575

707,916

 
Ituran Location And Control
 
 
75,601

1,649,637

1,431,126

 
Japan Securities Finance Co
 
 
147,915

932,827

761,124

 
Jin Co Ltd
 
 
5,489

134,622

204,436

 
JP Morgan Structured Products
 
 
471,632

1,830,295

2,054,644

 
Jupiter Fund Management
 
 
172,137

1,021,614

1,146,023

 
Just Eat Plc
 
 
112,343

712,491

817,477

 
Kadokawa Dwango Corp
 
 
32,238

430,343

487,474

 
Kakaku.Com Inc
 
 
26,449

386,680

526,364

 
Kalbe Farma Tbk Pt
 
 
1,133,671

125,967

108,556

 
Kangwon Land Inc
 
 
8,095

295,664

265,098

 
Kasikornbank Pcl
 
 
73,870

465,446

308,947

 
Kendrion Nv
 
 
17,785

501,242

468,210

 
KOC Holding As
 
 
142,375

725,363

533,140

 
Koito Manufacturing Co Ltd
 
 
18,065

512,493

752,372

 
Komercni Banka As
 
 
868

194,210

172,785

 
Korea Electric Power Corp
 
 
20,455

876,481

872,258

 
Korean Reinsurance Co
 
 
124,823

1,319,438

1,506,328

 
Laboratorios Farmaceuticos R
 
 
42,457

477,045

662,301

 
Largan Precision Co Ltd
 
 
19,938

1,656,724

1,377,877

 
Leeno Industrial Inc
 
 
9,146

343,509

365,840


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

45


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Lenta Ltd
 
 
137,039

996,413

925,016

 
Lg Chem Ltd
 
 
891

254,153

249,685

 
Lg Corp
 
 
30,853

1,510,590

1,650,739

 
LG Household & Health Care
 
 
1,280

794,007

1,146,234

 
Lig Nex1 Co Ltd
 
 
10,178

637,850

898,438

 
Lindab International Ab
 
 
56,007

445,869

417,864

 
Lippo Karawaci Tbk
 
 
1,482,486

137,675

111,307

 
Livanova Plc
 
 
11,127

724,574

693,983

 
Lojas Renner S.A.
 
 
38,979

267,505

168,477

 
Lupin Ltd
 
 
17,025

542,707

471,508

 
Luthai Textile Co Ltd
 
 
619,407

913,462

859,160

 
Luxoft Holding Inc
 
 
11,578

456,270

892,988

 
Mabuchi Motor Co Ltd
 
 
10,480

468,991

578,461

 
Macquarie Bank Ltd
 
 
251,218

671,690

669,923

 
Magicjack Vocaltec Ltd
 
 
11,987

90,137

113,273

 
Magnit Pjsc Spon Gdr
 
 
5,969

324,572

240,090

 
Maiden Holdings Ltd
 
 
45,303

567,428

675,468

 
Mail.Ru Group
 
 
26,552

670,809

598,744

 
Majestic Wine Plc
 
 
100,356

581,124

443,743

 
Major Cineplex Group
 
 
825,410

612,266

808,551

 
Maruti Suzuki India Ltd
 
 
3,702

132,894

258,561

 
Matahari Department Store
 
 
112,649

140,303

143,825

 
Mayora Indah Pt
 
 
288,644

714,864

638,639


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

46


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Mccarthy + Stone Plc
 
 
162,571

493,457

608,617

 
Mediatek Inc
 
 
50,842

421,312

386,959

 
Medtronic PLC
 
 
63,453

4,746,264

4,880,784

 
Medy Tox Inc
 
 
341

141,017

149,105

 
Mellanox Technologies Ltd
 
 
4,395

192,440

185,208

 
Mersen (Ex Carbon Lorraine)
 
 
28,947

726,578

534,571

 
Metawater Co Ltd
 
 
41,320

854,951

1,018,798

 
Minth Group Ltd
 
 
269,481

527,731

535,474

 
Miraca Holdings Inc
 
 
11,178

476,556

497,151

 
Miura Co Ltd
 
 
32,438

444,941

464,606

 
Modern Dental Group Ltd
 
 
682,874

373,781

362,137

 
Moncler Spa
 
 
31,458

451,739

441,518

 
Motherson Sumi Systems Ltd
 
 
72,208

355,613

320,568

 
Multiplus Sa
 
 
30,641

357,980

289,197

 
Musashi Seimitsu Industry Co
 
 
34,334

684,040

708,112

 
Myob Group Ltd
 
 
159,639

454,311

378,635

 
Nabtesco Corp
 
 
27,248

657,933

561,281

 
Nakanishi Inc
 
 
14,372

532,728

562,132

 
Naspers Ltd N Shs
 
 
30,920

3,817,661

4,230,253

 
Navios Maritime Acquisition
 
 
7,891

33,460

23,752

 
Netease Inc
 
 
4,374

544,739

792,813

 
NHK Spring Co Ltd
 
 
40,123

399,477

407,581

 
Nibe Industrier Ab B Shs
 
 
16,642

420,831

561,601


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

47


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Nifco Inc
 
 
20,660

739,449

966,930

 
Nihon Parkerizing Co Ltd
 
 
91,623

921,299

946,739

 
Nikkiso Co Ltd
 
 
68,268

714,902

544,241

 
Nippon Ceramic Co Ltd
 
 
31,938

447,313

510,028

 
Nippon Kayaku Co Ltd
 
 
35,931

436,888

380,828

 
Nippon Seiki Co Ltd
 
 
55,892

1,216,296

1,289,805

 
Nippon Soda Co Ltd
 
 
80,844

417,070

487,236

 
Nissan Chemical Industries
 
 
29,743

539,857

684,630

 
Norma Group Se
 
 
24,644

1,067,158

1,369,299

 
Obara Group Inc
 
 
21,658

814,934

795,790

 
Odontoprev S.A.
 
 
88,330

309,733

210,987

 
Orthofix International Nv
 
 
17,469

541,830

684,973

 
Osstem Implant Co Ltd
 
 
10,052

529,481

694,369

 
Oxford Instruments Plc
 
 
69,810

981,901

789,183

 
Pacific Textiles Holdings
 
 
1,239,940

1,637,020

1,916,669

 
Paddy Power Plc
 
 
6,063

494,735

810,808

 
Pakuwon Jati Tbk Pt
 
 
24,195,290

755,397

870,574

 
Partners Group Holding Ag
 
 
3,581

970,031

1,292,380

 
Paypoint Plc
 
 
65,747

1,053,077

892,980

 
Paysafe Group Plc
 
 
161,526

763,204

885,036

 
Pets At Home Group Plc
 
 
168,623

705,022

685,456

 
Ping An Insurance Group Co H
 
 
278,633

1,415,224

1,542,337

 
Pla Administradora Industria REIT
 
 
714,975

1,411,123

1,151,666


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

48


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Playtech Plc
 
 
113,193

1,302,729

1,388,902

 
Polypipe Group Plc
 
 
158,268

676,755

814,117

 
Press Kogyo Co Ltd
 
 
208,997

876,847

919,071

 
Promotora Y Operadora De Inf
 
 
22,829

306,384

268,219

 
Ptt Pcl
 
 
75,664

550,803

513,051

 
Pure Technologies Ltd
 
 
15,171

108,139

51,002

 
Qatar National Bank
 
 
6,013

290,788

288,918

 
Raia Drogasil Sa
 
 
21,234

264,880

190,428

 
Rapala Vmc Oyj
 
 
39,503

269,629

203,403

 
Rathbone Brothers Plc
 
 
13,400

428,592

434,512

 
Rhodes Food Group Pty Ltd
 
 
162,543

245,675

245,459

 
Robinson Dept Store Pcl
 
 
515,994

560,687

623,753

 
Robinsons Retail Holdings Inc
 
 
641,623

951,516

859,042

 
Royal Caribbean Cruises Ltd
 
 
57,467

2,012,099

5,816,197

 
S and T Motiv Co Ltd
 
 
8,367

492,795

612,237

 
S.A.C.I. Falabella
 
 
45,118

394,365

287,795

 
SAIS Global Ltd
 
 
596,568

2,056,379

1,818,597

 
Samsonite International Sa
 
 
198,218

638,024

597,200

 
Samsung Card
 
 
21,009

565,205

552,740

 
Samsung Electronics
 
 
303

248,489

281,979

 
Samsung Electronics Co Ltd
 
 
4,328

4,763,825

4,650,282

 
Sanlam Ltd
 
 
439,052

1,782,713

1,715,352

 
Sanofi
 
 
100,966

4,378,127

4,306,185


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

49


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Sanwa Holdings Corp
 
 
119,071

869,185

954,188

 
Sapiens International Corp
 
 
22,901

262,463

233,593

 
Sartorius Ag Vorzug Preference
 
 
2,948

372,122

770,104

 
Savills Plc
 
 
56,252

836,338

734,577

 
Scout24 Ag
 
 
17,378

584,670

621,532

 
Seadrill Ltd
 
 
32,325

1,049,559

109,582

 
Security Bank Corp
 
 
395,997

1,349,064

1,195,019

 
Semiconductor Manufacturing
 
 
3,141,223

338,264

320,196

 
Seria Co Ltd
 
 
15,171

633,053

740,284

 
Seven Generations Energy A
 
 
19,063

349,715

184,992

 
SFS Group Ag
 
 
8,330

591,493

582,514

 
Shanghai Fosun Pharmaceuti
 
 
18,443

57,914

53,423

 
Shenzhou International Group
 
 
27,913

142,854

160,452

 
Sims Metal Management Ltd
 
 
47,671

441,007

251,106

 
Sina Corp
 
 
13,674

532,633

675,479

 
Sino Biopharmaceutical
 
 
846,369

637,092

768,816

 
Sino Biopharmaceutical
 
 
161,497

125,370

146,699

 
Sinopharm Group Co H
 
 
50,244

213,750

201,619

 
SK Hynix Inc
 
 
68,541

2,843,625

1,797,472

 
Skylark Co Ltd
 
 
50,503

576,528

658,703

 
Soufun Holdings Ltd
 
 
86,833

611,044

641,694

 
Spie Sa
 
 
25,181

494,237

464,208

 
Spirax Sarco Engineering Plc
 
 
10,603

549,453

513,039


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

50


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Stabilus Sa
 
 
21,617

695,076

905,384

 
Steinhoff International
 
 
72,121

450,674

365,408

 
Sumitomo Seika Chemicals Co
 
 
104,798

672,464

643,799

 
Sunny Optical Tech
 
 
203,608

353,819

468,157

 
Surya Citra Media Pt Tbk
 
 
1,778,374

546,213

399,924

 
Suzano Papel E Celulo
 
 
196,189

912,124

926,832

 
Taiwan Semiconductor
 
 
81,296

1,699,284

1,849,483

 
Taiwan Semiconductor Manufac
 
 
461,563

2,088,085

2,009,424

 
Taiwan Semiconductor Manufacture
 
 
126,606

547,507

551,181

 
Taiyo Holdings Co Ltd
 
 
11,877

403,032

461,578

 
Takkt Ag
 
 
24,506

421,702

491,018

 
Tal Education Group
 
 
16,868

527,209

783,833

 
Tata Motors Ltd
 
 
192,681

1,099,554

1,140,542

 
Tav Havalimanlari Holding As
 
 
23,296

194,308

145,182

 
Tecan Group Ag Reg
 
 
6,073

679,711

988,352

 
Ted Baker Plc
 
 
23,351

719,953

1,028,382

 
Tele Columbus Ag
 
 
77,351

729,295

785,646

 
Telecom Argentina
 
 
33,046

549,325

531,051

 
Telekomunikasi Indonesia Per
 
 
1,870,279

409,935

421,271

 
Temp Holdings Co Ltd
 
 
54,794

556,826

858,618

 
Tencent Holdings Ltd
 
 
100,083

1,553,139

1,971,929

 
Tenedora Nemak Sa De Cv
 
 
170,569

219,551

230,208

 
Teva Pharmaceutical
 
 
77,720

3,309,211

5,101,515


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

51


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Tfs Corporation Ltd
 
 
480,752

619,917

552,638

 
Thai Beverage Pcl
 
 
337,948

172,450

164,370

 
Thule Group Ab
 
 
43,521

490,930

597,534

 
Tofas Turk Otomobil Fabrika
 
 
31,698

201,181

205,795

 
Tokyo Tatemono Co Ltd
 
 
33,236

523,049

365,528

 
Tong Ren Tang Technologies
 
 
375,277

632,767

613,021

 
Totvs Sa
 
 
18,165

259,160

142,473

 
Travelsky Technology Ltd H
 
 
570,900

645,793

942,888

 
Tucows Inc
 
 
15,383

397,950

324,575

 
Tupras Turkiye Petrol Rafine
 
 
6,135

152,078

146,287

 
Turk Hava Yollari Ao
 
 
304,486

714,562

770,904

 
UACJ Corp
 
 
271,477

918,691

643,177

 
Ultrapar Participacoes Sa
 
 
11,499

263,025

175,704

 
Uniqure Nv
 
 
2,474

64,843

40,924

 
Universal Robina Corp
 
 
66,213

233,004

261,728

 
Ushio Inc
 
 
39,025

420,414

544,359

 
Veda Group Ltd
 
 
239,769

482,046

488,443

 
Victrex Plc
 
 
56,780

1,567,446

1,509,722

 
Vodafone Group Plc
 
 
97,991

4,657,012

3,161,176

 
Volution Group Plc
 
 
304,616

779,523

855,295

 
Vostok New Ventures Ltd
 
 
45,281

300,691

292,720

 
VT Holdings Co Ltd
 
 
123,263

462,868

740,835

 
Walmart De Mexico Sab De Cv
 
 
539,321

1,303,025

1,358,362


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

52


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Wandisco Plc
 
 
57,552

276,037

72,950

 
WEG Sa
 
 
35,250

203,014

133,205

 
Weifu High Technology Grou B
 
 
196,853

698,630

506,727

 
Wirecard Ag
 
 
22,580

835,119

1,140,607

 
X 5 Retail Group
 
 
25,327

439,642

479,950

 
Xaar Plc
 
 
65,224

482,992

403,763

 
Xchanging Plc
 
 
303,560

913,741

863,515

 
Xinjiang Goldwind
 
 
129,796

277,094

249,203

 
Xinyi Solar Holdings Ltd
 
 
496,455

221,773

202,421

 
XXL Asa
 
 
82,277

830,720

948,138

 
Yellow Hat Ltd
 
 
23,255

509,558

480,009

 
Yes Bank Ltd
 
 
51,228

644,870

562,133

 
Yoox Spa
 
 
14,246

344,521

534,659

 
Yougov Plc
 
 
289,237

511,039

620,286

 
Total Non-U.S. equities
 
 
 
278,209,615

286,220,761

 
Mutual funds:
 
 
 
 
 
 
DFA Emerging Markets Portfolio
 
 
3,865,845

94,195,599

76,543,736

 
DFA International Value Portfolio
 
 
16,769,780

215,922,277

203,920,522

 
Dodge & Cox International Stock Fund
 
 
6,222,178

215,834,443

226,985,058

 
Ishares Msci India Etf
 
 
119,283

3,454,801

3,285,046

 
Legg Mason Bw Global Opportunities
 
 
4,839,495

54,486,775

47,185,074

 
T Rowe Price International Discovery Fund
 
 
8,980,838

84,740,875

73,193,828

 
Vinacapital Vietnam Opportunity
 
 
312,350

816,997

744,954


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

53


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Western Asset High Yield Fund
 
 
10,000,644

85,911,937

73,104,709

 
Total mutual funds
 
 
 
755,363,704

704,962,927

 
Collective trust funds:
 
 
 
 
 
 
AEW Capital Management REIT Fund
 
 
8,664,779

123,215,487

158,478,812

 
BFA Lifepath Index 2020 Fund
 
 
10,779,167

153,737,655

180,705,187

 
BFA Lifepath Index 2025 Fund
 
 
13,000,313

173,593,848

206,589,281

 
BFA Lifepath Index 2030 Fund
 
 
13,246,237

190,081,978

225,900,003

 
BFA Lifepath Index 2035 Fund
 
 
12,844,324

173,452,205

204,232,455

 
BFA Lifepath Index 2040 Fund
 
 
11,625,696

169,869,527

199,266,753

 
BFA Lifepath Index 2045 Fund
 
 
16,834,401

224,058,907

265,608,123

 
BFA Lifepath Index 2050 Fund
 
 
9,755,416

117,342,703

125,994,124

 
BFA Lifepath Index 2055 Fund
 
 
745,156

12,935,376

12,497,607

 
BFA Lifepath Index Retirement
 
 
11,597,767

182,314,148

193,567,889

 
Citigroup Large Cap Growth Wellington Lrg Cap
 
 
16,344,627

189,413,190

289,463,351

*
SSgA Bloomberg Roll Select Commodity Index
 
 
4,494,356

43,495,824

28,175,116

*
SSgA Emg Mkts Indx NL SF CL A
 
 
5,904,454

149,504,847

129,514,188

*
SSgA Intl Indx SL SF CL I
 
 
28,040,860

578,402,686

646,622,229

*
SSgA Russell All Cap (R) Indx SL SF CL I
 
 
18,846,726

389,574,068

699,590,452

*
SSgA Russell Small Cap (R) Indx SL SF CL I
 
 
10,685,533

256,693,983

456,475,286

*
SSgA S&P 500 (R) Indx SL SF CL I
 
 
3,710,270

1,096,039,304

1,751,525,676

*
SSgA S&P Midcap (R) Indx SL SF CL I
 
 
10,320,661

410,806,021

581,197,690

*
SSgA U.S. Inflation Pro Bond Indx SL SF CL I
 
 
7,794,986

109,766,043

114,391,424

*
U.S. Diversified Bond BL SF CL A
 
 
60,345,740

609,269,915

618,905,906


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

54


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Wellington CIF II Citigroup Emerging Markets Debt Portfolio
 
 
4,502,828

57,212,242

55,925,121

 
Total collective trust funds
 
 
 
5,410,779,957

7,144,626,673

 
Guaranteed investment contracts (GICs):
 
 
 
 
 
 
Traditional GICs:
 
 
 
 
 
 
Principal Life Contract No. 6-18274
1.25
 %
 
6,718,624

6,718,624

6,718,349

 
Total traditional GICs
 
 
 
6,718,624

6,718,349

 
Separate Account GICs:
 
 
 
 
 
 
New York Life Contract No. 29038
2.33
 %
 
134,180,933

134,180,933

135,834,071

 
Voya Retirement Ins & Annuity Co Contract 60385
1.32
 %
 
56,582,089

56,582,089

56,166,262

 
Total separate account GICs
 
 
 
190,763,022

192,000,333

 
Synthetic GICs:
 
 
 
 
 
 
American General Life Contract No. 725840
2.56
 %
 
 
 
 
 
Abbvie Inc Sr Unsec
3.60
 %
5/14/2025
1,800,512

1,815,888

1,780,486

 
Abn Amro Bank Nv Sr Unsec 144A
2.45
 %
6/4/2020
810,230

809,096

804,594

 
Altria Group Inc Glbl Sr Unsec
2.85
 %
8/9/2022
1,845,524

1,841,741

1,801,845

 
American Express Glbl Sr Nt
7.00
 %
3/19/2018
1,800,512

2,265,332

1,997,787

 
Amgen Inc Sr Unsec
3.13
 %
5/1/2025
765,217

752,400

728,383

 
Anheuser-Busch Inbev Fin Sr Unsec
3.70
 %
2/1/2024
405,115

423,317

413,734

 
Anheuser-Busch Inbev Wor Glbl Co Gtd
7.75
 %
1/15/2019
1,305,371

1,725,777

1,509,545

 
AT&T Inc Sr Unsec
3.40
 %
5/15/2025
765,217

747,763

736,899

 
Baidu Inc Sr Unsec
2.75
 %
6/9/2019
1,395,397

1,397,671

1,389,812

 
Bank Of America Corp Sr Unsec
4.00
 %
4/1/2024
2,250,640

2,350,523

2,305,787

 
Bp Capital Markets Plc Co Gtd
4.74
 %
3/11/2021
1,125,320

1,260,865

1,236,765


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

55


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Brf Sa Sr Unsec 144A
4.75
 %
5/22/2024
360,102

356,051

332,194

 
Cash Collateral Fut Rdr Usd
0.20
 %
12/31/2060
72,020

72,020

72,020

 
Cash Collateral Lch Fob Usd
0.10
 %
12/31/2060
150,343

150,343

150,343

 
Chait 2015-A5 A
1.36
 %
4/15/2020
450,128

450,049

447,781

 
Cobb-Marietta Coliseu
2.55
 %
7/1/2021
562,660

562,660

560,375

 
Dominion Gas Hldgs Llc Sr Unsec
2.80
 %
11/15/2020
607,673

605,625

610,067

 
Energy Transfer Partners Sr Unsec
4.15
 %
10/1/2020
514,946

538,701

475,534

 
Enterprise Products Oper Sr Unsec
3.70
 %
2/15/2026
202,558

204,443

182,068

 
Fed Home Ln Mtge Glbl Nt (6Mmm)
1.25
 %
10/2/2019
4,051,151

4,014,797

3,998,114

 
FHLMC Gold 30Yr #Q3-7305
3.00
 %
11/1/2045
1,827,411

1,831,266

1,826,948

 
Fin Fut Us 10Yr Cbt 03/21/16
6.00
 %
3/22/2016
(3,916,113
)
(4,944,705
)
(4,930,631
)
 
Federal Natl Mtg Assn Nt (3.5Mmm)
1.75
 %
11/26/2019
4,051,151

4,100,681

4,074,243

 
Federal Natl Mtg Assn Pass Thru 20Yr #255075
5.50
 %
2/1/2024
413,224

461,132

460,344

 
Federal Natl Mtg Assn Pass Pass Thru 20Yr #256600
5.50
 %
2/1/2027
1,287

1,436

1,434

 
Federal Natl Mtg Assn Pass Thru 20Yr #257047
5.50
 %
1/1/2028
61,023

68,098

67,982

 
Federal Natl Mtg Assn Pass Thru 20Yr #310164
5.50
 %
1/1/2026
287,666

321,018

320,469

 
Federal Natl Mtg Assn Pass Thru 20Yr #888843
5.50
 %
3/1/2027
86,869

96,940

96,774

 
Federal Natl Mtg Assn Pass Thru 20Yr #Ad0912
5.50
 %
4/1/2029
211,885

236,450

236,046

 
Federal Natl Mtg Assn Pass Thru 20Yr #Ae0787
5.50
 %
5/1/2028
93,067

103,856

103,698

 
Federal Natl Mtg Assn Pass Thru 20Yr #Al6938
5.50
 %
4/1/2030
219,254

244,673

244,255

 
Federal Natl Mtg Assn Pass Thru 30Yr #357908
5.50
 %
7/1/2035
17,232

19,230

19,345

 
Federal Natl Mtg Assn Pass Thru 30Yr #756202
5.50
 %
12/1/2033
16,834

18,786

18,844

 
Federal Natl Mtg Assn Pass Thru 30Yr #802316
5.50
 %
11/1/2034
13,160

14,686

14,791


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

56


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Federal Natl Mtg Assn Pass Thru 30Yr #804303
5.50
 %
11/1/2034
36,029

40,206

40,144

 
Federal Natl Mtg Assn Pass Thru 30Yr #808040
5.50
 %
2/1/2035
414,826

462,920

467,712

 
Federal Natl Mtg Assn Pass Thru 30Yr #817640
5.50
 %
11/1/2035
229,514

256,123

255,768

 
Federal Natl Mtg Assn Pass Thru 30Yr #831356
5.50
 %
3/1/2036
191,817

214,055

215,160

 
Federal Natl Mtg Assn Pass Thru 30Yr #849299
5.50
 %
1/1/2036
308,993

344,817

346,531

 
Federal Natl Mtg Assn Pass Thru 30Yr #865433
5.50
 %
2/1/2036
13,121

14,642

14,625

 
Federal Natl Mtg Assn Pass Thru 30Yr #889561
5.50
 %
6/1/2038
251,382

280,526

281,220

 
Federal Natl Mtg Assn Pass Thru 30Yr #940765
5.50
 %
6/1/2037
122,578

137,441

136,636

 
Federal Natl Mtg Assn Pass Thru 30Yr #995759
5.50
 %
11/1/2038
869,516

974,945

972,825

 
Federal Natl Mtg Assn Pass Thru 30Yr #Ad0963
5.50
 %
9/1/2038
100,916

112,616

112,690

 
Federal Natl Mtg Assn Pass Thru 30Yr #Al7579
5.50
 %
2/1/2042
219,456

244,900

245,292

 
Federal Natl Mtg Assn Pass Thru 30Yr #As0924
5.00
 %
11/1/2043
1,963,487

2,175,789

2,163,655

 
Federal Natl Mtg Assn Pass Thru 30Yr #Au5386
3.00
 %
6/1/2043
3,509,795

3,417,114

3,518,358

 
Federal Natl Mtg Assn P-T Dus #Am1964
2.18
 %
12/1/2022
910,409

845,684

894,837

 
Federal Natl Mtg Assn Tba 3.0% Jan 30Yr
3.00
 %
1/13/2046
3,601,023

3,617,481

3,601,337

 
Federal Natl Mtg Assn Tba 5.0% Jan 30Yr
5.00
 %
1/13/2046
2,250,640

2,478,165

2,477,585

 
Ford Motor Credit
8.13
 %
1/15/2020
1,080,307

1,371,704

1,273,480

 
Ford Motor Credit Co Llc Sr Unsecured
5.75
 %
2/1/2021
405,115

469,929

448,057

 
General Electric Co Sr Unsec
2.70
 %
10/9/2022
2,700,767

2,762,804

2,691,920

 
Goldman Sachs Group Inc Sr Unsec
3.50
 %
1/23/2025
2,565,729

2,563,754

2,526,479

 
HSBC Holdings Plc Sr Unsec
5.10
 %
4/5/2021
1,710,486

2,011,087

1,902,974

 
Industry Pub Facs-A
4.34
 %
7/1/2024
450,128

463,294

460,197

 
IRS Usd 2.50000 12/16/15-10Y Lch
2.50
 %
12/16/2025
(2,475,704
)
29,169

(73,626
)

*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

57


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Jackson Natl Life Global Sec 144A
1.88
 %
10/15/2018
585,166

584,862

581,273

 
Jpmorgan Chase & Co Sr Unsec
3.13
 %
1/23/2025
2,790,793

2,749,182

2,718,062

 
Kinder Morgan Ener Part Sr Unsec
4.25
 %
9/1/2024
1,665,473

1,681,129

1,419,183

 
Medtronic Inc Sr Unsec
3.50
 %
3/15/2025
1,395,397

1,441,221

1,408,448

 
Mufg Americas Hldgs Corp Sr Unsec
2.25
 %
2/10/2020
855,243

855,081

841,747

 
Navsl 2015-1 A1 1Mlib+30Bp
0.72
 %
9/26/2022
433,936

433,936

431,708

 
Navsl 2015-3 A1 1Mlib+32Bp
0.74
 %
7/25/2030
506,214

506,214

502,785

 
New York Life Global Fdg 144A
1.95
 %
2/11/2020
945,269

945,089

927,238

 
Nordea Bank Ab Sr Unsec Frn 144A
1.37
 %
9/17/2018
540,153

540,153

542,499

 
Oracle Corp Sr Unsec
2.50
 %
5/15/2022
517,647

515,825

508,522

 
Port Seattle-Txbl-B1
7.00
 %
5/1/2036
900,256

1,039,868

1,018,072

 
Rabobank Nederland Nt
4.50
 %
1/11/2021
1,800,512

2,011,103

1,960,370

 
Royal Bank Of Canada
1.88
 %
2/5/2021
990,281

990,143

973,396

 
Santander Holdings Usa Sr Unsec
4.50
 %
7/17/2025
765,217

767,926

780,420

 
Shell International Fin Sr Unsec
0.81
 %
5/11/2020
1,755,499

1,755,499

1,731,621

 
SLMA 2005-3 A5
0.41
 %
10/25/2024
490,561

486,346

480,440

 
SLMA 2005-6 A5A 3Mlib+11Bp
0.43
 %
7/27/2026
476,881

474,348

471,564

 
SLMA 2005-8 A3
0.43
 %
10/25/2024
336,870

336,370

336,114

 
SLMA 2006-1 A4 3Mlib+9
0.41
 %
7/25/2019
424,919

423,624

422,326

 
SLMA 2006-4 A5 3Mlib+10Bp
0.42
 %
10/27/2025
421,937

420,487

418,753

 
Societe Generale Sr Unsec 144A
2.63
 %
9/16/2020
990,281

985,954

990,771

 
Southwestern Energy Co Glbl Sr Nt
7.50
 %
2/1/2018
1,485,422

1,829,558

1,264,466

*
State Street Bank + Trust Co 2236
(0.20
)%
12/1/2030
241,227

241,227

241,227


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

58


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Sumitomo Mitsui Banking Sr Unsec Frn
0.90
 %
1/16/2018
405,115

406,083

403,927

 
Svenska Handelsbanken Ab Unsec
2.40
 %
10/1/2020
1,125,320

1,124,217

1,118,203

 
Synchrony Financial Sr Unsec
1.56
 %
2/3/2020
900,256

900,256

886,901

 
Taot 2015-C A2A
0.93
 %
2/15/2018
292,583

292,560

292,183

 
U S Treasury Bills
 %
1/21/2016
1,890,537

1,890,264

1,890,460

 
U S Treasury Bills
 %
1/7/2016
855,243

855,091

855,240

 
U S Treasury Bills
 %
1/28/2016
135,038

135,038

135,027

 
U S Treasury Bills
 %
1/14/2016
225,064

225,041

225,058

 
U S Treasury Inflate Prot Bd
0.13
 %
7/15/2022
1,256,983

1,256,805

1,220,157

 
U S Treasury Inflate Prot Bd
0.13
 %
4/15/2020
3,977,322

3,957,259

3,929,546

 
U S Treasury Inflate Prot Bd
0.13
 %
4/15/2019
12,793,013

12,790,264

12,722,972

 
U S Treasury Note
0.38
 %
1/31/2016
8,732,482

8,740,668

8,733,136

 
U S Treasury Note
1.50
 %
6/30/2016
17,329,925

17,543,841

17,412,173

 
U S Treasury Note
1.00
 %
5/15/2018
13,503,837

13,498,335

13,438,952

 
U S Treasury Note
0.63
 %
8/31/2017
4,726,343

4,717,666

4,696,709

 
U S Treasury Note
0.63
 %
5/31/2017
13,413,812

13,388,742

13,356,441

 
U S Treasury Note
0.50
 %
1/31/2017
23,856,780

23,855,910

23,772,446

 
U S Treasury Note Frn
0.43
 %
10/31/2017



 
UBS Ag Stamford Ct Sr Unsec
2.38
 %
8/14/2019
2,475,704

2,501,030

2,474,082

 
US Bank Na Cincinnati Sr Unsec Frn
0.62
 %
1/26/2018
1,125,320

1,125,320

1,120,401

 
Vanderbilt University Nt Unsec
5.25
 %
4/1/2019
450,128

502,901

494,257

 
Verizon Communicationssr Unsec
3.50
 %
11/1/2024
1,710,486

1,727,420

1,692,627

 
Vm Cash Ccp Lch Fob Usd
0.01
 %
12/31/2060
73,578

73,578

73,578


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

59


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Vm Cash Fut Dom Rdr Usd
0.01
 %
12/31/2060
128,922

128,922

128,922

 
Wells Fargo & Company Sr Unsec
1.00
 %
1/30/2020
1,282,865

1,282,865

1,272,172

 
Wells Fargo & Company Sr Unsec
3.55
 %
9/29/2025
1,215,345

1,218,639

1,227,783

 
Uninvested Cash Plus Receivables
 
 
 
773,220

773,220

 
Net Unsettled Trades
 
 
 
(2,360,040
)
(2,360,040
)
 
Net Futures Held
 
 
 
4,930,631

4,930,631

 
Centrally Cleared Swaps (Due To) / Due From Broker
 
 
 
75,634

75,634

 
Wrapper
 
 
 

(182,285
)
 
Fair value of contract
 
 
 
189,781,079

186,844,049

 
Prudential GA-62194
2.40
 %
 
 
 
 
 
21St Century Fox Amer Inc
6.90
 %
3/1/2019
474,231

517,700

549,556

 
21St Century Fox Amer Inc
3.00
 %
9/15/2022
146,762

147,498

145,919

 
Abb Fin Usa Inc
2.88
 %
5/8/2022
39,935

39,268

39,529

 
Abbey Natl Tsy Svcs Plc
2.35
 %
9/10/2019
129,789

129,266

130,853

 
Abbott Labs
2.55
 %
3/15/2022
84,862

84,962

84,972

 
Abbvie Inc
2.90
 %
11/6/2022
184,700

183,584

179,505

 
Abbvie Inc
3.60
 %
5/14/2025
204,668

204,443

202,956

 
Ace Ina Hldgs Inc
2.70
 %
3/13/2023
254,587

253,940

250,752

 
Actavis Fdg Scs
3.80
 %
3/15/2025
284,538

283,528

286,269

 
Agrium Inc
3.50
 %
6/1/2023
159,741

159,580

152,954

 
Allied World Assurn Co Hldgs Ltd
7.50
 %
8/1/2016
374,393

418,852

398,509

 
Allstate Corp
3.15
 %
6/15/2023
144,765

144,480

144,856

 
Altria Grp Inc
4.00
 %
1/31/2024
264,571

262,925

278,530


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

60


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Amazoncom Inc
1.20
 %
11/29/2017
149,757

149,028

149,453

 
America Movil Sab De Cv
5.00
 %
3/30/2020
299,514

305,972

328,798

 
American Airlines Inc
3.70
 %
10/1/2026
42,313

42,313

42,730

 
American Airlines Inc
4.95
 %
1/15/2023
173,285

185,318

186,771

 
American Express Co
2.65
 %
12/2/2022
292,526

288,519

284,014

 
American Intl Grp Inc
4.88
 %
6/1/2022
359,417

395,857

389,609

 
Amgen Inc
5.85
 %
6/1/2017
44,927

51,385

47,727

 
Amgen Inc
3.45
 %
10/1/2020
149,757

151,902

155,416

 
Amgen Inc
2.30
 %
6/15/2016
514,166

504,507

517,650

 
Amgen Inc
3.63
 %
5/22/2024
74,879

74,754

75,145

 
Anadarko Petroleum Corp
6.38
 %
9/15/2017
99,838

110,157

106,566

 
Anheuser Busch Inbev Fin Inc
2.63
 %
1/17/2023
94,846

90,029

92,156

 
Anheuser Busch Inbev Worldwide Inc
5.38
 %
1/15/2020
678,899

745,289

768,066

 
Apache Corp
3.25
 %
4/15/2022
34,943

35,022

33,521

 
Apple Inc
2.40
 %
5/3/2023
159,741

152,278

156,264

 
Apple Inc
2.85
 %
5/6/2021
274,555

276,542

282,367

 
Apple Inc
3.20
 %
5/13/2025
119,806

119,389

121,767

 
AT&T Inc
5.50
 %
2/1/2018
99,838

109,926

109,014

 
AT&T Inc
3.00
 %
2/15/2022
723,826

701,091

717,754

 
Axis Specialty Fin Llc
5.88
 %
6/1/2020
194,684

196,172

215,946

 
Bacm_06-3
5.89
 %
7/10/2044
889,846

990,231

898,910

 
Baltimore Gas & Elec Co
3.35
 %
7/1/2023
84,862

84,826

87,318

 
Bank Of Amer Corp
3.88
 %
8/1/2025
24,960

25,225

25,743


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

61


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Bank Of Amer Corp
3.30
 %
1/11/2023
1,118,186

1,117,649

1,118,084

 
Bank Of Amer Corp
4.13
 %
1/22/2024
524,150

523,767

550,918

 
Bank Of Amer Corp
4.00
 %
4/1/2024
29,951

29,839

30,931

 
Barclays Bk Plc
3.75
 %
5/15/2024
114,814

114,776

117,577

 
Barclays Plc
2.75
 %
11/8/2019
199,676

198,973

199,755

 
Barrick Pd Au Fin Pty
4.95
 %
1/15/2020
99,838

111,449

101,116

 
Baxalta Inc
4.00
 %
6/23/2025
294,522

292,531

291,723

 
Becton Dickinson & Co
3.73
 %
12/15/2024
114,814

114,814

115,983

 
Bhp Billiton Fin Usa Ltd
6.50
 %
4/1/2019
109,822

141,324

122,758

 
BNP Paribas Sa
2.38
 %
5/21/2020
214,652

214,089

213,047

 
BP Cap Markets Plc
4.75
 %
3/10/2019
134,781

158,612

146,098

 
BP Cap Markets Plc
3.56
 %
11/1/2021
109,822

109,822

112,673

 
BP Cap Markets Plc
3.25
 %
5/6/2022
164,733

164,788

163,496

 
British Telecom Plc
5.95
 %
1/15/2018
269,563

301,943

298,045

 
Bscms_06-T22
5.62
 %
4/12/2038
89,854

97,450

90,699

 
Buckeye Partners Lp
2.65
 %
11/15/2018
39,935

39,865

38,555

 
Burlington Northern Santa Fe Corp
5.75
 %
3/15/2018
209,660

234,735

229,890

 
Burlington Northern Santa Fe Llc
3.40
 %
9/1/2024
154,749

154,395

156,648

 
Ca Inc
3.60
 %
8/1/2020
114,814

114,700

118,984

 
Ca St
6.20
 %
3/1/2019
424,312

442,814

489,442

 
Canadian Natl Railway Co
5.55
 %
3/1/2019
199,676

222,561

222,665

 
Capital One Bk Usa Na
2.95
 %
7/23/2021
254,587

253,869

255,302

 
Cardinal Hlth Inc
4.63
 %
12/15/2020
124,798

144,009

135,609


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

62


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Cardinal Hlth Inc
3.20
 %
6/15/2022
4,992

4,916

4,938

 
Cash
 
 
1,041,601

1,041,601

1,041,601

 
Caterpillar Inc
3.90
 %
5/27/2021
204,668

208,112

218,046

 
Caterpillar Inc
2.60
 %
6/26/2022
54,911

53,670

53,893

 
Catholic Hlth Initiatives
1.60
 %
11/1/2017
34,943

34,933

34,969

 
Catholic Hlth Initiatives
4.20
 %
8/1/2023
109,822

109,567

118,209

 
CBS Corp
4.30
 %
2/15/2021
49,919

51,610

53,235

 
Cco Safari Ii Llc
4.46
 %
7/23/2022
19,968

19,950

20,289

 
Cco Safari Ii Llc
4.91
 %
7/23/2025
344,441

342,640

351,526

 
Celgene Corp
3.88
 %
8/15/2025
154,749

153,254

156,438

 
Centerpoint Energy Houston Elec
2.25
 %
8/1/2022
84,862

80,956

82,317

 
Cf Inds Inc
6.88
 %
5/1/2018
64,895

77,751

71,058

 
Cf Inds Inc
3.45
 %
6/1/2023
124,798

124,682

116,517

 
Chait_12-A7
2.16
 %
9/15/2024
299,514

290,618

291,208

 
Chait_14-A2
2.77
 %
3/15/2023
399,352

404,095

408,111

 
Chevron Corp
2.36
 %
12/5/2022
374,393

372,129

358,141

 
Chile Rep Of
3.25
 %
9/14/2021
154,749

153,404

161,737

 
Cigna Corp
5.38
 %
3/15/2017
299,514

327,995

316,872

 
Cigna Corp
4.38
 %
12/15/2020
109,822

119,188

117,171

 
Cigna Corp
4.00
 %
2/15/2022
109,822

115,463

115,170

 
Cisco Systems Inc
3.00
 %
6/15/2022
149,757

150,455

152,509

 
Cnooc Fin 2014 Ulc
1.63
 %
4/30/2017
349,433

348,091

348,374

 
Coca Cola Co
3.15
 %
11/15/2020
124,798

130,756

131,138


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

63


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Colombia Rep Of
4.00
 %
2/26/2024
199,676

203,270

192,965

 
Comcast Corp
5.88
 %
2/15/2018
199,676

226,726

221,913

 
Comcast Corp
3.60
 %
3/1/2024
224,636

234,419

234,888

 
Comm_13-Cr8
3.33
 %
6/10/2046
229,628

222,667

233,481

 
Comm_15-Cr25
3.51
 %
8/10/2048
698,866

705,836

705,756

 
Comm_15-Pc1
3.62
 %
7/10/2050
499,190

504,169

506,062

 
Commonwealth Bk Of Au
2.30
 %
3/12/2020
209,660

209,324

208,998

 
Conocophillips Co
2.40
 %
12/15/2022
204,668

204,467

186,138

 
Continental Airlines Inc
4.15
 %
4/11/2024
70,042

71,618

72,510

 
Continental Airlines Inc
4.00
 %
10/29/2024
94,029

94,029

97,028

 
Coventry Hlth Care Inc
5.95
 %
3/15/2017
74,879

87,099

79,943

 
Coventry Hlth Care Inc
5.45
 %
6/15/2021
269,563

283,368

298,393

 
Credit Suisse Grp Fdg Guernsey
3.75
 %
3/26/2025
249,595

248,996

243,899

 
Credit Suisse Ny
4.38
 %
8/5/2020
389,368

376,290

424,998

 
Csail_15-C3
3.45
 %
8/15/2048
499,190

504,180

497,718

 
Csx Corp
7.38
 %
2/1/2019
324,474

394,642

381,371

 
Cvs Caremark Corp
5.75
 %
6/1/2017
203,670

230,360

216,622

 
Cvs Hlth Corp
3.88
 %
7/20/2025
304,506

301,443

316,050

 
Deere & Co
2.60
 %
6/8/2022
314,490

311,523

310,611

 
Delta Air Lines Inc
6.82
 %
8/10/2022
60,919

71,884

71,794

 
Deutsche Bk Ag
1.88
 %
2/13/2018
259,579

259,270

259,238

 
Devon Energy Corp
2.25
 %
12/15/2018
104,830

104,649

95,779

 
Directv Hldgs Llc Directv Fin Co
3.80
 %
3/15/2022
514,166

518,185

523,170


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

64


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Discover Finl Svcs
3.85
 %
11/21/2022
399,352

398,148

397,417

 
Discovery Comm Llc
5.63
 %
8/15/2019
64,895

78,644

71,998

 
Dominion Gas Hldgs Llc
3.55
 %
11/1/2023
64,895

64,821

64,360

 
Dominion Resources Inc
4.45
 %
3/15/2021
109,822

119,304

117,652

 
Dow Chemical Co
8.55
 %
5/15/2019
139,773

186,808

166,271

 
Dow Chemical Co
4.25
 %
11/15/2020
52,914

57,626

55,676

 
Dow Chemical Co
3.00
 %
11/15/2022
274,555

268,299

263,888

 
Duke Energy In Inc
3.75
 %
7/15/2020
99,838

107,918

106,833

 
Dupont Ei De Nemours & Co
4.63
 %
1/15/2020
189,692

225,413

203,625

 
Dupont Ei De Nemours & Co
2.80
 %
2/15/2023
79,870

79,842

76,740

 
Eastman Chemical Co
3.80
 %
3/15/2025
229,628

228,493

224,948

 
Ebay Inc
1.35
 %
7/15/2017
64,895

64,858

64,785

 
Ecolab Inc
4.35
 %
12/8/2021
134,781

134,695

144,290

 
Ecopetrol Sa
4.13
 %
1/16/2025
44,927

44,478

36,791

 
Eli Lilly & Co
2.75
 %
6/1/2025
59,903

59,787

59,277

 
Emc Corp
2.65
 %
6/1/2020
89,854

79,682

80,008

 
Enlink Midstream Partners Lp
4.15
 %
6/1/2025
79,870

79,732

61,706

 
Entergy Corp
5.13
 %
9/15/2020
194,684

200,497

212,138

 
Enterprise Products Operating Llc
3.35
 %
3/15/2023
419,320

418,934

383,310

 
Eog Resources Inc
4.10
 %
2/1/2021
119,806

127,499

128,434

 
Eog Resources Inc
3.15
 %
4/1/2025
34,943

34,943

33,326

 
Equifax Inc
3.30
 %
12/15/2022
84,862

83,370

84,705

 
Export Import Bk Of Korea
4.38
 %
9/15/2021
259,579

274,790

283,770


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

65


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Exxon Mobil Corp
2.40
 %
3/6/2022
164,733

163,267

163,461

 
Fgold 15Yr
4.00
 %
6/1/2026
410,001

428,451

433,429

 
Fgold 15Yr
4.00
 %
7/1/2026
217,691

229,596

230,130

 
Fgold 15Yr
3.50
 %
8/1/2026
398,621

423,472

419,989

 
Fgold 15Yr
2.50
 %
11/1/2027
345,862

361,426

350,269

 
Fgold 15Yr
2.50
 %
8/1/2028
404,095

402,454

409,769

 
Fgold 15Yr
3.00
 %
8/1/2029
428,592

445,133

444,008

 
Fgold 30Yr
3.00
 %
12/1/2042
661,977

644,342

664,093

 
Fgold 30Yr
3.00
 %
10/1/2042
414,665

403,651

415,990

 
Fgold 30Yr
3.00
 %
1/1/2043
1,259,733

1,225,268

1,263,758

 
Fgold 30Yr
4.00
 %
11/1/2040
371,403

391,859

395,553

 
Fgold 30Yr
4.00
 %
12/1/2040
785,685

828,774

836,773

 
Fgold 30Yr
5.00
 %
8/1/2041
1,238,508

1,341,459

1,362,309

 
Fgold 30Yr
5.00
 %
7/1/2041
231,259

250,374

254,375

 
Fgold 30Yr Giant
5.50
 %
1/1/2035
102,158

111,149

113,356

 
Fgold 30Yr Giant
4.50
 %
6/1/2039
190,674

204,140

207,088

 
Fgold 30Yr Giant
4.00
 %
11/1/2039
408,862

414,484

436,465

 
Fgold 30Yr Giant
4.50
 %
12/1/2039
290,878

305,854

315,919

 
Fgold 30Yr Giant
5.50
 %
1/1/2040
160,108

173,742

178,483

 
Fgold 30Yr Giant
4.00
 %
12/1/2040
376,150

396,163

400,609

 
Fgold 30Yr Giant
4.00
 %
12/1/2040
382,222

381,192

407,154

 
Fgold 30Yr Giant
4.00
 %
2/1/2041
637,523

635,805

679,109

 
Fgold 30Yr Giant
4.50
 %
4/1/2041
914,024

945,730

997,513


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

66


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Fgold 30Yr Giant
3.00
 %
6/1/2042
405,184

415,725

406,479

 
Fgold 30Yr Giant
3.50
 %
9/1/2042
725,035

781,905

749,908

 
Fgold 30Yr Giant
5.50
 %
6/1/2038
646,054

683,000

720,199

 
Fgold 30Yr Giant
4.50
 %
10/1/2039
663,403

687,477

720,514

 
Fgold 30Yr Giant
4.50
 %
11/1/2039
133,255

140,833

144,726

 
Fgold 30Yr Giant
3.50
 %
12/1/2045
1,996,761

2,063,169

2,063,508

 
Fgold 30Yr Tba(Reg A)
4.00
 %
1/13/2016
998,381

1,055,944

1,056,183

 
Federal Home Loan Mortgage Corp
2.38
 %
1/13/2022
429,304

418,713

440,026

 
Federal Home Loan Mortgage Corp
1.25
 %
8/1/2019
64,895

64,618

64,511

 
Federal Home Loan Mortgage Corp
1.00
 %
9/29/2017
514,166

513,909

514,064

 
Federal Home Loan Mortgage Corp
0.75
 %
1/12/2018
1,921,883

1,910,890

1,913,182

 
Federal Home Loan Mortgage Corp Gold 15Yr
3.00
 %
6/1/2029
838,495

868,890

868,654

 
Federal Home Loan Mortgage Corp Gold 15Yr
3.00
 %
6/1/2029
1,230,358

1,275,199

1,274,612

 
Federal Home Loan Mortgage Corp Gold 30Yr
2.50
 %
1/1/2043
321,214

313,836

310,325

 
Federal Home Loan Mortgage Corp Gold 30Yr
3.00
 %
2/1/2043
772,495

798,205

774,969

 
Federal Home Loan Mortgage Corp Gold 30Yr
3.50
 %
9/1/2043
1,189,330

1,191,374

1,229,869

 
Fhms_K038
3.39
 %
3/25/2024
998,381

1,039,174

1,037,077

 
Fhms_K040
3.24
 %
9/25/2024
963,437

998,335

988,065

 
Fiserv Inc
3.85
 %
6/1/2025
174,717

174,600

175,024

 
Florida Pwr & Lt Co
2.75
 %
6/1/2023
29,951

29,922

29,682

 
Fn 10/1 12M Libor Arm
2.70
 %
6/1/2045
822,330

832,480

834,154

 
Fna_14-M9
3.10
 %
7/25/2024
459,255

463,814

467,802

 
Federal Natl Mtg Assn
1.50
 %
6/22/2020
329,466

328,316

325,487


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

67


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Federal Natl Mtg Assn
1.13
 %
10/19/2018
69,887

69,773

69,598

 
Federal Natl Mtg Assn
0.88
 %
10/26/2017
414,328

414,307

413,271

 
Federal Natl Mtg Assn
0.88
 %
5/21/2018
269,563

266,770

267,298

 
Federal Natl Mtg Assn
1.63
 %
11/27/2018
149,757

149,184

151,077

 
Federal Natl Mtg Assn
1.88
 %
2/19/2019
29,951

29,807

30,559

 
Federal Natl Mtg Assn
2.63
 %
9/6/2024
384,377

381,757

391,658

 
Federal Natl Mtg Assn 15Yr
3.50
 %
9/1/2026
256,946

273,246

270,708

 
Federal Natl Mtg Assn 15Yr
3.00
 %
5/1/2027
860,639

903,402

891,030

 
Federal Natl Mtg Assn 15Yr
3.50
 %
3/1/2026
85,198

85,650

89,761

 
Federal Natl Mtg Assn 15Yr
3.50
 %
2/1/2026
201,607

202,678

212,406

 
Federal Natl Mtg Assn 15Yr
3.50
 %
10/1/2025
103,119

103,666

108,700

 
Federal Natl Mtg Assn 20Yr
4.50
 %
6/1/2031
359,675

376,422

393,026

 
Federal Natl Mtg Assn 30Yr
5.50
 %
5/1/2037
175,743

191,120

197,127

 
Federal Natl Mtg Assn 30Yr
5.50
 %
6/1/2033
205,469

221,811

230,833

 
Federal Natl Mtg Assn 30Yr
5.50
 %
10/1/2033
260,529

281,249

292,690

 
Federal Natl Mtg Assn 30Yr
4.00
 %
12/1/2040
595,822

590,237

635,212

 
Federal Natl Mtg Assn 30Yr
4.00
 %
1/1/2041
803,884

839,682

857,029

 
Federal Natl Mtg Assn 30Yr
4.50
 %
2/1/2041
1,432,429

1,464,435

1,561,942

 
Federal Natl Mtg Assn 30Yr
4.00
 %
2/1/2041
286,378

283,693

305,045

 
Federal Natl Mtg Assn 30Yr
4.00
 %
1/1/2042
981,490

1,042,603

1,045,467

 
Federal Natl Mtg Assn 30Yr
5.00
 %
12/1/2034
478,311

513,437

530,737

 
Federal Natl Mtg Assn 30Yr
4.50
 %
5/1/2039
160,886

172,582

176,210

 
Federal Natl Mtg Assn 30Yr
5.50
 %
4/1/2034
211,491

229,873

237,599


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

68


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Federal Natl Mtg Assn 30Yr
5.00
 %
4/1/2034
1,033,874

1,094,291

1,147,472

 
Federal Natl Mtg Assn 30Yr
5.50
 %
9/1/2034
207,674

222,763

233,282

 
Federal Natl Mtg Assn 30Yr
5.00
 %
7/1/2035
308,205

329,154

341,986

 
Federal Natl Mtg Assn 30Yr
5.50
 %
2/1/2035
362,762

391,500

407,543

 
Federal Natl Mtg Assn 30Yr
6.50
 %
12/1/2037
157,915

177,284

182,947

 
Federal Natl Mtg Assn 30Yr
6.00
 %
5/1/2038
684,574

745,165

779,973

 
Federal Natl Mtg Assn 30Yr
4.00
 %
9/1/2040
361,402

381,505

385,294

 
Federal Natl Mtg Assn 30Yr
5.50
 %
3/1/2038
243,848

264,498

273,551

 
Federal Natl Mtg Assn 30Yr
4.00
 %
3/1/2039
120,322

121,643

128,476

 
Federal Natl Mtg Assn 30Yr
4.50
 %
2/1/2041
1,123,764

1,155,721

1,225,369

 
Federal Natl Mtg Assn 30Yr
4.50
 %
3/1/2041
467,006

478,973

509,230

 
Federal Natl Mtg Assn 30Yr
3.50
 %
5/1/2042
834,495

834,625

865,090

 
Federal Natl Mtg Assn 30Yr
4.50
 %
9/1/2039
233,735

242,171

255,565

 
Federal Natl Mtg Assn 30Yr
4.00
 %
7/1/2040
166,566

167,346

177,853

 
Federal Natl Mtg Assn 30Yr
3.50
 %
6/1/2039
240,066

222,399

249,297

 
Federal Natl Mtg Assn 30Yr
4.00
 %
10/1/2040
131,148

127,961

139,818

 
Federal Natl Mtg Assn 30Yr Tba(Reg A)
3.00
 %
1/13/2016
499,190

497,864

499,729

 
Federal Natl Mtg Assn 30Yr Tba(Reg A)
3.50
 %
1/13/2016
998,381

1,028,196

1,031,291

 
Federal Natl Mtg Assn 30Yr Tba(Reg A)
4.00
 %
1/13/2016
499,190

533,822

528,949

 
Federal Natl Mtg Assn 15Yr
2.50
 %
4/1/2028
164,661

163,831

166,921

 
Federal Natl Mtg Assn 15Yr
3.00
 %
8/1/2028
598,589

621,878

619,736

 
Federal Natl Mtg Assn 15Yr
2.50
 %
7/1/2028
442,553

442,138

448,627

 
Federal Natl Mtg Assn 15Yr
2.50
 %
8/1/2028
383,415

381,438

388,678


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

69


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Federal Natl Mtg Assn 15Yr
2.50
 %
8/1/2028
29,383

29,235

29,787

 
Federal Natl Mtg Assn 15Yr
3.00
 %
11/1/2028
335,374

347,845

347,222

 
Federal Natl Mtg Assn 15Yr
2.50
 %
2/1/2029
389,698

386,532

394,601

 
Federal Natl Mtg Assn 15Yr
3.50
 %
7/1/2027
855,256

908,008

901,065

 
Federal Natl Mtg Assn 15Yr
2.50
 %
9/1/2027
1,462,477

1,462,020

1,483,933

 
Federal Natl Mtg Assn 30Yr
3.00
 %
10/1/2043
37,891

36,879

38,079

 
Federal Natl Mtg Assn 30Yr
3.50
 %
8/1/2042
786,519

848,211

815,355

 
Federal Natl Mtg Assn 30Yr
3.50
 %
5/1/2042
2,222,413

2,329,193

2,303,895

 
Federal Natl Mtg Assn 30Yr
3.00
 %
12/1/2042
409,589

412,853

411,521

 
Federal Natl Mtg Assn 30Yr
3.00
 %
1/1/2043
816,825

843,116

820,677

 
Federal Natl Mtg Assn 30Yr
3.00
 %
2/1/2043
788,992

750,529

792,891

 
Federal Natl Mtg Assn 30Yr
3.00
 %
7/1/2043
606,219

574,582

609,214

 
Federal Natl Mtg Assn 30Yr
3.50
 %
3/1/2043
800,020

856,521

829,868

 
Federal Natl Mtg Assn 30Yr
3.00
 %
10/1/2043
254,862

241,562

256,121

 
Federal Natl Mtg Assn 30Yr
4.00
 %
9/1/2044
860,865

921,226

915,356

 
Federal Natl Mtg Assn 30Yr
3.00
 %
9/1/2043
188,138

183,111

189,068

 
Federal Natl Mtg Assn 30Yr
3.00
 %
8/1/2043
437,588

416,171

439,751

 
Federal Natl Mtg Assn 30Yr
3.00
 %
9/1/2043
142,059

135,134

142,761

 
Federal Natl Mtg Assn 30Yr
4.00
 %
10/1/2043
338,746

355,472

360,446

 
Federal Natl Mtg Assn 30Yr
3.50
 %
11/1/2045
497,737

515,566

515,599

 
Federal Natl Mtg Assn 30Yr
3.50
 %
9/1/2042
301,397

320,988

312,447

 
Federal Natl Mtg Assn 30Yr
3.50
 %
6/1/2042
1,678,488

1,685,045

1,740,027

 
Federal Natl Mtg Assn 30Yr
3.00
 %
10/1/2042
401,217

412,501

403,109


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

70


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Federal Natl Mtg Assn 30Yr
3.50
 %
11/1/2042
1,093,850

1,171,445

1,133,954

 
Federal Natl Mtg Assn 30Yr
3.00
 %
12/1/2042
1,182,631

1,188,452

1,188,209

 
Federal Natl Mtg Assn 30Yr
3.00
 %
1/1/2043
194,383

202,249

195,299

 
Federal Natl Mtg Assn 30Yr
3.00
 %
1/1/2043
592,382

616,355

595,176

 
Federal Natl Mtg Assn 30Yr
3.00
 %
1/1/2043
834,546

802,338

838,481

 
Federal Natl Mtg Assn 30Yr
3.00
 %
3/1/2043
864,267

895,056

868,537

 
Ford Motor Cr Co Llc
5.75
 %
2/1/2021
274,555

313,758

309,899

 
Ford Motor Cr Co Llc
2.60
 %
11/4/2019
104,830

104,830

103,357

 
Ford Motor Cr Co Llc
3.16
 %
8/4/2020
199,676

199,834

201,551

 
Ford Motor Cr Co Llc
2.55
 %
10/5/2018
199,676

199,676

199,433

 
Ford Motor Cr Co Llc
3.20
 %
1/15/2021
184,700

184,015

184,305

 
Fortune Brands Home & Sec Inc
3.00
 %
6/15/2020
104,830

104,801

104,398

 
Freeport Mcmoran Copper & Gold Inc
3.55
 %
3/1/2022
199,676

189,270

118,175

 
General Dynamics Corp
2.25
 %
11/15/2022
179,709

177,888

173,292

 
General Elec Cap Corp
5.63
 %
5/1/2018
99,838

108,319

109,819

 
General Elec Cap Corp
4.65
 %
10/17/2021
99,838

99,731

111,492

 
General Elec Cap Corp
3.15
 %
9/7/2022
69,887

72,215

72,225

 
General Elec Cap Corp
3.10
 %
1/9/2023
693,875

670,632

714,568

 
General Mills Inc
5.70
 %
2/15/2017
324,474

363,550

346,412

 
General Motors Co
4.88
 %
10/2/2023
529,142

558,155

547,509

 
Georgia Pwr Co
2.85
 %
5/15/2022
174,717

174,414

172,210

 
Gilead Sciences Inc
4.50
 %
4/1/2021
254,587

281,074

278,312

 
Gilead Sciences Inc
3.70
 %
4/1/2024
129,789

129,581

134,146


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

71


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Gilead Sciences Inc
3.50
 %
2/1/2025
69,887

69,821

71,489

 
Glaxosmithkline Cap Inc
2.80
 %
3/18/2023
34,943

34,591

35,122

 
Govt Natl Mtg Assn 30Yr
4.50
 %
11/15/2039
336,698

370,052

367,665

 
Govt Natl Mtg Assn 30Yr
4.50
 %
4/15/2040
605,903

662,233

658,239

 
Govt Natl Mtg Assn 30Yr
5.00
 %
5/15/2035
146,069

162,068

161,683

 
Govt Natl Mtg Assn 30Yr
5.50
 %
4/15/2038
145,469

158,947

164,158

 
Govt Natl Mtg Assn 30Yr
5.50
 %
6/15/2038
239,225

261,390

269,959

 
Govt Natl Mtg Assn 30Yr Platinum
5.00
 %
7/15/2039
285,799

316,388

318,179

 
Govt Natl Mtg Assn 30Yr
3.00
 %
11/15/2042
791,977

763,268

806,930

 
Govt Natl Mtg Assn 30Yr
3.50
 %
5/15/2043
379,777

412,058

397,936

 
Govt Natl Mtg Assn 30Yr
3.00
 %
3/15/2043
422,211

414,360

430,099

 
Govt Natl Mtg Assn2 15Yr
3.00
 %
3/20/2027
241,867

256,105

252,125

 
Govt Natl Mtg Assn2 30Yr
4.00
 %
4/20/2042
227,683

248,459

244,674

 
Govt Natl Mtg Assn2 30Yr
3.00
 %
8/20/2042
366,922

360,902

374,118

 
Govt Natl Mtg Assn2 30Yr
3.50
 %
8/20/2042
1,242,948

1,348,888

1,304,512

 
Govt Natl Mtg Assn2 30Yr
3.00
 %
9/20/2042
730,461

718,191

744,788

 
Govt Natl Mtg Assn2 30Yr
3.50
 %
9/20/2042
949,479

1,034,120

996,507

 
Govt Natl Mtg Assn2 30Yr
3.50
 %
10/20/2042
943,044

1,020,157

989,754

 
Govt Natl Mtg Assn2 30Yr
3.00
 %
12/20/2042
372,307

363,930

379,609

 
Govt Natl Mtg Assn2 30Yr
3.50
 %
5/20/2043
1,168,808

1,234,584

1,226,581

 
Govt Natl Mtg Assn2 30Yr
5.00
 %
8/20/2039
160,339

176,712

178,007

 
Govt Natl Mtg Assn2 30Yr
4.50
 %
5/20/2040
667,433

732,507

723,639

 
Govt Natl Mtg Assn2 30Yr
4.50
 %
7/20/2040
397,963

437,261

431,476


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

72


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Govt Natl Mtg Assn2 30Yr
4.00
 %
9/20/2040
459,542

500,327

495,983

 
Govt Natl Mtg Assn2 30Yr
4.00
 %
10/20/2040
696,689

756,931

751,935

 
Govt Natl Mtg Assn2 30Yr
4.50
 %
10/20/2040
397,079

435,705

430,517

 
Govt Natl Mtg Assn2 30Yr
4.50
 %
12/20/2040
563,394

618,149

610,839

 
Govt Natl Mtg Assn2 30Yr
4.00
 %
2/20/2041
149,550

157,620

160,490

 
Govt Natl Mtg Assn2 30Yr
4.00
 %
1/20/2041
272,473

276,688

292,405

 
Govt Natl Mtg Assn2 30Yr
4.00
 %
3/20/2041
416,408

440,221

446,867

 
Govt Natl Mtg Assn2 30Yr
5.00
 %
4/20/2041
515,777

561,260

561,366

 
Govt Natl Mtg Assn2 30Yr
4.50
 %
8/20/2041
507,114

535,205

549,337

 
Govt Natl Mtg Assn2 30Yr
4.50
 %
7/20/2041
173,710

184,900

188,174

 
Govt Natl Mtg Assn2 30Yr Tba(Reg C)
3.50
 %
1/21/2016
2,995,142

3,120,096

3,129,195

 
Govt Natl Mtg Assn2 30Yr Tba(Reg C)
4.00
 %
1/21/2016
1,497,571

1,587,503

1,594,029

 
Goldman Sachs Grp Inc
5.38
 %
3/15/2020
9,984

9,813

11,126

 
Goldman Sachs Grp Inc
3.85
 %
7/8/2024
29,951

29,912

31,118

 
Goldman Sachs Grp Inc
6.15
 %
4/1/2018
623,988

678,551

687,192

 
Goldman Sachs Grp Inc
5.75
 %
1/24/2022
74,879

74,777

87,031

 
Goldman Sachs Grp Inc
3.63
 %
1/22/2023
673,907

688,926

692,349

 
Goldman Sachs Grp Inc
4.00
 %
3/3/2024
184,700

184,143

191,994

 
Goldman Sachs Grp Inc
3.75
 %
5/22/2025
69,887

69,654

70,637

 
Government Properties Income Tr
3.75
 %
8/15/2019
59,903

59,427

61,025

 
Halliburton Co
3.50
 %
8/1/2023
204,668

204,189

203,850

 
Hartford Finl Svcs Grp Inc
5.50
 %
3/30/2020
239,611

276,630

268,579

 
Hartford Finl Svcs Grp Inc
5.13
 %
4/15/2022
144,765

159,446

160,549


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

73


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Hewlett Packard Co
4.30
 %
6/1/2021
169,725

172,948

168,683

 
Home Depot Inc
2.63
 %
6/1/2022
154,749

155,045

154,926

 
HSBC Bk Usa Na
4.88
 %
8/24/2020
349,433

338,657

387,503

 
HSBC Hldgs Plc
4.88
 %
1/14/2022
264,571

264,330

296,192

 
IBM Corp
8.38
 %
11/1/2019
229,628

325,001

287,149

 
Ingersoll Rand Global Hldg Co Ltd
6.88
 %
8/15/2018
189,692

228,210

214,309

 
Ingersoll Rand Global Hldg Co Ltd
4.25
 %
6/15/2023
139,773

142,455

144,210

 
International Paper Co
4.75
 %
2/15/2022
238,613

262,099

259,123

 
Israel St Of
4.00
 %
6/30/2022
199,676

197,751

214,277

 
Jm Smucker Co
3.50
 %
3/15/2025
89,854

89,831

90,294

 
Jpmbb_14-C23
3.37
 %
9/15/2047
998,381

1,008,359

1,010,349

 
Jpmbb_15-C30
3.55
 %
7/15/2048
798,705

806,691

807,651

 
Jpmcc_13-C10
2.88
 %
12/15/2047
399,352

403,343

395,465

 
JP Morgan & Co Inc
3.38
 %
5/1/2023
84,862

84,406

83,882

 
JP Morgan Chase & Co
6.30
 %
4/23/2019
549,109

615,634

622,251

 
JP Morgan Chase & Co
4.35
 %
8/15/2021
199,676

194,692

215,783

 
JP Morgan Chase & Co
3.25
 %
9/23/2022
219,644

219,973

222,855

 
JP Morgan Chase & Co
3.63
 %
5/13/2024
399,352

397,395

407,200

 
JP Morgan Chase & Co
3.88
 %
9/10/2024
124,798

124,142

125,633

 
Kellogg Co
1.75
 %
5/17/2017
99,838

99,297

100,096

 
Keycorp
5.10
 %
3/24/2021
69,887

69,822

77,343

 
Kinder Morgan Energy Partners Lp
6.85
 %
2/15/2020
154,749

195,861

164,065

 
Korea Dev Bk
3.88
 %
5/4/2017
204,668

203,745

211,182


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

74


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Kraft Foods Grp Inc
5.38
 %
2/10/2020
182,704

217,637

203,896

 
Kroger Co
2.30
 %
1/15/2019
44,927

44,861

45,521

 
Laboratory Corp Of Amer
3.60
 %
2/1/2025
209,660

209,345

205,453

 
Lg&E & Ku Energy Llc
3.75
 %
11/15/2020
99,838

101,221

103,564

 
Lyondellbasell Inds Nv
6.00
 %
11/15/2021
294,522

345,464

332,854

 
Marsh & Mclennan Cos Inc
3.50
 %
6/3/2024
124,798

124,557

124,003

 
Mastercard Inc
3.38
 %
4/1/2024
124,798

124,262

128,589

 
Mcdonalds Corp
2.63
 %
1/15/2022
129,789

127,076

128,135

 
Mcdonalds Corp
1.88
 %
5/29/2019
109,822

108,773

108,662

 
Mckesson Corp
4.75
 %
3/1/2021
199,676

218,090

218,845

 
Medtronic Inc
3.50
 %
3/15/2025
464,247

460,042

472,824

 
Merck & Co Inc
3.88
 %
1/15/2021
504,182

514,235

549,520

 
Metlife Inc
4.37
 %
9/15/2023
284,538

293,512

306,060

 
Mexico United Mexican States
5.95
 %
3/19/2019
549,109

606,766

618,768

 
Mexico United Mexican States
4.00
 %
10/2/2023
95,845

95,407

98,038

 
Microsoft Corp
1.85
 %
2/12/2020
19,968

19,977

20,149

 
MLCFC_06-1
5.52
 %
2/12/2039
439,287

475,486

440,980

 
MLCFC_06-2
5.89
 %
6/12/2046
79,870

85,611

81,082

 
Merrill Lynch Mortgage Trust_06-C1
5.67
 %
5/12/2039
269,563

287,814

271,876

 
Molson Coors Brewing Co
2.00
 %
5/1/2017
79,870

79,644

80,155

 
Monsanto Co
3.38
 %
7/15/2024
99,838

99,778

96,740

 
Morgan Stanley
4.00
 %
7/23/2025
44,927

45,966

47,054

 
Morgan Stanley
3.75
 %
2/25/2023
439,287

435,051

455,713


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

75


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Morgan Stanley
3.88
 %
4/29/2024
798,705

822,251

819,513

 
Morgan Stanley
5.50
 %
7/28/2021
84,862

72,751

97,061

 
Morgan Stanley
4.10
 %
5/22/2023
34,943

34,748

35,455

 
Morgan Stanley
4.88
 %
11/1/2022
19,968

20,585

21,353

 
Msbam_15-C23
3.45
 %
7/15/2050
998,381

1,008,299

1,000,545

 
Msbam_15-C25
3.37
 %
10/15/2028
698,866

705,849

696,359

 
Msc_06-Hq9
5.77
 %
7/12/2044
89,854

98,643

91,391

 
Msc_06-Iq11
5.78
 %
10/15/2042
49,919

54,256

50,503

 
Mylan Inc
2.55
 %
3/28/2019
49,919

49,796

49,595

 
Nabors Inds Inc
6.15
 %
2/15/2018
159,741

181,621

165,798

 
Nabors Inds Inc
4.63
 %
9/15/2021
119,806

128,756

100,083

 
NBC Universal Media LLC
5.15
 %
4/30/2020
29,951

35,170

33,704

 
NBC Universal Media LLC
4.38
 %
4/1/2021
59,903

64,954

65,723

 
NBC Universal Media LLC
2.88
 %
1/15/2023
109,822

109,621

110,503

 
Nisource Fin Corp
6.80
 %
1/15/2019
94,846

117,052

109,376

 
Noble Energy Inc
8.25
 %
3/1/2019
139,773

185,830

160,166

 
Noble Energy Inc
4.15
 %
12/15/2021
89,854

89,795

87,247

 
Nomura Hldgs Inc
2.75
 %
3/19/2019
269,563

267,953

273,117

 
Norfolk Southern Corp
5.75
 %
4/1/2018
54,911

64,378

60,047

 
Norfolk Southern Corp
5.90
 %
6/15/2019
379,385

438,327

422,681

 
Northern States Pwr Co Mn
2.20
 %
8/15/2020
104,830

104,637

105,008

 
Northrop Grumman Corp
5.05
 %
8/1/2019
199,676

209,265

220,747

 
Novartis Cap Corp
2.40
 %
9/21/2022
279,547

277,380

277,089


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

76


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Occidental Petroleum Corp
4.10
 %
2/1/2021
289,530

300,598

308,708

 
Oncor Elec Delivery Co Llc
2.95
 %
4/1/2025
119,806

119,491

113,444

 
Oneok Partners Lp
8.63
 %
3/1/2019
184,700

229,555

208,976

 
Oneok Partners Lp
3.38
 %
10/1/2022
49,919

49,707

40,912

 
Oracle Corp
5.00
 %
7/8/2019
164,733

195,924

185,129

 
Oracle Corp
2.50
 %
10/15/2022
129,789

129,631

127,433

 
Oracle Corp
2.80
 %
7/8/2021
99,838

99,693

102,470

 
Oracle Corp
2.95
 %
5/15/2025
264,571

263,362

258,740

 
Pacific Gas & Elec Co
3.85
 %
11/15/2023
234,619

234,195

244,922

 
Pepsico Inc
2.75
 %
3/5/2022
334,458

335,666

338,243

 
Pepsico Inc
2.75
 %
3/1/2023
74,879

75,031

75,265

 
Pepsico Inc
3.10
 %
7/17/2022
29,951

30,771

31,165

 
Petroleos Mexicanos
3.50
 %
1/30/2023
79,870

79,659

70,860

 
Philip Morris Intl Inc
4.50
 %
3/26/2020
84,862

97,353

93,419

 
Philip Morris Intl Inc
2.63
 %
3/6/2023
169,725

166,668

167,838

 
Philips Electronics Nv
5.75
 %
3/11/2018
164,733

184,868

179,177

 
Pnc Bk Na
3.25
 %
6/1/2025
249,595

249,066

248,948

 
Pnc Fdg Corp
4.38
 %
8/11/2020
149,757

146,972

164,194

 
Pnc Finl Svcs Grp Inc
3.90
 %
4/29/2024
54,911

54,767

56,593

 
Principal Finl Grp Inc
1.85
 %
11/15/2017
84,862

84,774

85,133

 
Procter & Gamble Co
2.30
 %
2/6/2022
44,927

44,609

45,227

 
Procter & Gamble Co
3.10
 %
8/15/2023
59,903

61,708

63,153

 
Progress Energy Inc
4.88
 %
12/1/2019
249,595

289,287

268,622


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

77


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Raytheon Co
3.13
 %
10/15/2020
99,838

102,136

104,149

 
Raytheon Co
3.15
 %
12/15/2024
104,830

104,177

105,185

 
Republic Svcs Inc
5.50
 %
9/15/2019
119,806

142,015

133,751

 
Reynolds Amern Inc
6.75
 %
6/15/2017
254,587

293,360

272,537

 
Rio Tinto Fin Ltd
3.75
 %
6/15/2025
64,895

64,462

59,016

 
Rio Tinto Fin Ltd
3.50
 %
3/22/2022
9,984

9,931

9,507

 
Rio Tinto Fin Usa Ltd
3.50
 %
11/2/2020
104,830

102,103

103,361

 
Rock Tenn Co
4.90
 %
3/1/2022
64,895

70,003

69,886

 
Rogers Comm Inc
6.80
 %
8/15/2018
149,757

176,260

170,993

 
Rogers Comm Inc
3.00
 %
3/15/2023
69,887

69,778

68,472

 
Royal Bk Of Scotland Grp Plc
6.40
 %
10/21/2019
174,717

173,719

196,019

 
San Diego Gas & Elec Co
3.60
 %
9/1/2023
69,887

73,073

73,595

 
Santander Uk Grp Hldgs Plc
2.88
 %
10/16/2020
124,798

124,602

124,698

 
Schlumberger Investment Sa
3.65
 %
12/1/2023
69,887

69,649

71,114

 
Scripps Networks Interactive
3.95
 %
6/15/2025
124,798

124,560

119,527

 
Seagate Hdd Cayman
4.75
 %
6/1/2023
44,927

40,280

39,502

 
Select Income Reit
2.85
 %
2/1/2018
59,903

59,673

60,532

 
Shell Intl Fin Bv
4.30
 %
9/22/2019
229,628

259,597

247,452

 
Shell Intl Fin Bv
2.00
 %
11/15/2018
728,818

733,781

731,530

 
Southern Ca Edison Co
3.50
 %
10/1/2023
194,684

197,253

202,561

 
Southern Copper Corp
3.88
 %
4/23/2025
124,798

124,122

112,825

 
Svenska Handelsbanken Ab
2.50
 %
1/25/2019
249,595

249,388

254,613

 
Synchrony Finl
4.25
 %
8/15/2024
109,822

109,609

110,098


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

78


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Teva Pharmaceutical Fin Co Bv
2.95
 %
12/18/2022
214,652

214,227

205,725

 
Time Warner Cable Inc
5.85
 %
5/1/2017
99,838

114,526

105,417

 
Time Warner Cable Inc
8.75
 %
2/14/2019
134,781

183,314

160,842

 
Time Warner Inc
4.75
 %
3/29/2021
234,619

234,761

255,038

 
Time Warner Inc
4.00
 %
1/15/2022
24,960

24,534

26,319

 
Total Cap Intl Sa
2.70
 %
1/25/2023
84,862

81,862

82,346

 
Travelers Cos Inc
5.80
 %
5/15/2018
279,547

307,034

307,336

 
Treasury Bond
8.00
 %
11/15/2021
1,312,871

1,814,534

1,766,602

 
Treasury Note
1.25
 %
11/30/2018
9,334,859

9,283,473

9,329,379

 
Treasury Note
2.00
 %
11/30/2020
6,634,240

6,641,978

6,712,959

 
Treasury Note
0.63
 %
2/15/2017
3,035,077

3,037,910

3,034,536

 
Treasury Note
1.63
 %
4/30/2019
3,134,915

3,156,238

3,161,838

 
Treasury Note
0.88
 %
8/15/2017
5,531,029

5,539,624

5,536,992

 
Treasury Note
2.38
 %
8/15/2024
2,181,462

2,222,990

2,223,784

 
Treasury Note
2.13
 %
9/30/2021
2,016,729

2,057,724

2,048,889

 
Treasury Note
1.50
 %
10/31/2019
1,822,045

1,818,799

1,821,006

 
Treasury Note
2.13
 %
12/31/2021
818,672

845,634

825,947

 
Treasury Note
0.88
 %
1/15/2018
5,131,677

5,139,637

5,129,168

 
Treasury Note
1.75
 %
2/28/2022
5,650,835

5,672,362

5,603,901

 
Treasury Note
1.75
 %
3/31/2022
2,431,057

2,404,851

2,404,451

 
Treasury Note
1.00
 %
8/15/2018
2,406,097

2,394,583

2,399,585

 
Treasury Note
3.13
 %
5/15/2019
394,360

424,998

417,626

 
Treasury Note
2.25
 %
11/15/2025
1,048,300

1,044,527

1,049,177


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

79


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Treasury Note
2.00
 %
11/30/2022
3,499,324

3,500,626

3,486,387

 
Treasury Note
1.63
 %
11/30/2020
970,426

969,787

966,042

 
Treasury Note
1.25
 %
12/15/2018
4,976,928

4,970,391

4,969,617

 
Treasury Note
1.75
 %
12/31/2020
279,547

278,848

279,254

 
Treasury Note
1.88
 %
9/30/2017
2,540,879

2,604,544

2,588,816

 
Treasury Note
2.63
 %
11/15/2020
7,093,495

7,375,875

7,394,070

 
Treasury Note
2.63
 %
1/31/2018
868,591

909,390

905,005

 
Treasury Note
1.50
 %
8/31/2018
2,575,822

2,594,090

2,605,984

 
Treasury Note
0.88
 %
11/30/2016
3,893,685

3,919,925

3,898,945

 
Treasury Note
1.00
 %
3/31/2017
4,956,960

4,984,176

4,977,298

 
Treasury Note
0.63
 %
5/31/2017
3,469,373

3,467,401

3,455,955

 
Treasury Note
0.75
 %
10/31/2017
404,344

402,466

402,713

 
Treasury Note
0.88
 %
1/31/2018
618,996

617,400

618,168

 
Treasury Note
0.75
 %
2/28/2018
6,030,219

6,003,327

5,994,149

 
Treasury Note
0.63
 %
4/30/2018
604,020

600,675

596,900

 
Treasury Note
1.00
 %
5/31/2018
4,462,762

4,478,162

4,443,828

 
Tva
3.88
 %
2/15/2021
249,595

247,668

276,098

 
Tva
2.88
 %
9/15/2024
179,709

177,804

182,209

 
Tyco Electronics Grp Sa
6.55
 %
10/1/2017
94,846

115,168

103,767

 
Tyson Foods Inc
3.95
 %
8/15/2024
144,765

144,325

150,792

 
UBS Ag Stamford
2.38
 %
8/14/2019
249,595

249,186

251,559

 
UBS Ag Stamford
1.80
 %
3/26/2018
249,595

249,268

250,363

 
Unilever Cap Corp
4.25
 %
2/10/2021
184,700

184,074

204,759


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

80


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Union Pacific Corp
4.00
 %
2/1/2021
234,619

249,652

254,640

 
United Parcel Svc Inc
5.13
 %
4/1/2019
39,935

46,747

44,579

 
United Parcel Svc Inc
3.13
 %
1/15/2021
139,773

144,283

147,325

 
United Technologies Corp
3.10
 %
6/1/2022
179,709

180,889

183,363

 
Unitedhealth Grp Inc
4.70
 %
2/15/2021
119,806

130,537

133,236

 
Unitedhealth Grp Inc
2.88
 %
3/15/2022
14,976

15,001

15,083

 
Unitedhealth Grp Inc
1.40
 %
10/15/2017
109,822

109,690

109,936

 
Unitedhealth Grp Inc
2.88
 %
3/15/2023
94,846

94,460

94,641

 
Unitedhealth Grp Inc
3.75
 %
7/15/2025
174,717

174,243

182,987

 
Verizon Comms Inc
5.15
 %
9/15/2023
873,583

872,288

973,600

 
Viacom Inc
5.63
 %
9/15/2019
69,887

82,980

76,628

 
Viacom Inc
3.13
 %
6/15/2022
99,838

98,393

92,635

 
Wal Mart Stores Inc
5.38
 %
4/5/2017
109,822

129,546

117,067

 
Walt Disney Co
2.75
 %
8/16/2021
144,765

142,931

148,654

 
Walt Disney Co
1.10
 %
12/1/2017
94,846

94,172

94,633

 
Waste Mgmt Inc
4.60
 %
3/1/2021
79,870

86,318

87,372

 
Waste Mgmt Inc
2.90
 %
9/15/2022
74,879

74,249

74,130

 
Watson Pharmaceuticals Inc
6.13
 %
8/15/2019
154,749

187,209

176,134

 
Watson Pharmaceuticals Inc
3.25
 %
10/1/2022
114,814

113,855

113,812

 
Wbcmt_06-C25
5.77
 %
5/15/2043
229,628

264,664

231,926

 
Wbcmt_06-C27
5.77
 %
7/15/2045
98,184

106,775

98,533

 
Wellpoint Inc
3.13
 %
5/15/2022
534,134

517,882

526,348

 
Wells Fargo & Co
5.63
 %
12/11/2017
524,150

581,609

563,967


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

81


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Wells Fargo & Co
4.13
 %
8/15/2023
14,976

14,925

15,787

 
Western Gas Partners Lp
4.00
 %
7/1/2022
79,870

82,684

72,244

 
Williams Partners Lp
4.30
 %
3/4/2024
304,506

303,870

245,559

 
Xerox Corp
2.95
 %
3/15/2017
109,822

109,685

111,592

 
Xto Energy Inc
5.50
 %
6/15/2018
124,798

150,618

136,294

 
Xylem Inc
4.88
 %
10/1/2021
169,725

184,732

182,477

 
Zimmer Hldgs Inc
2.70
 %
4/1/2020
129,789

129,722

129,025

 
Wrapper
 
 
 

96,631

 
Fair value of contract
 
 
 
256,274,399

257,088,112

 
Prudential GA-63578
 
 
 
 
 
 
Aeptc 2012-1 A2
1.98
 %
6/1/2020
3,194,818

3,223,896

3,203,835

 
Cash
 
 
3,573,194

3,573,196

3,573,194

 
Chait 2015-A7 A7
1.62
 %
7/16/2018
2,595,790

2,595,081

2,588,833

 
Comet 2015-A1 A
1.39
 %
3/15/2018
2,995,142

2,991,866

2,980,045

 
Comm 2014-Cr14 A2
3.15
 %
1/10/2019
2,470,992

2,564,427

2,521,737

 
Fhr 3705 Dc
3.50
 %
7/15/2016
4,991,903

151,871

153,073

 
Fhr 3706 Eb
2.00
 %
4/15/2016
6,239,879

84,713

84,931

 
Fhr 3774 Ab
3.50
 %
7/15/2020
9,215,054

2,325,989

2,318,856

 
Fhr 3856 Ea
3.00
 %
6/15/2018
3,474,365

431,687

440,026

 
Fhr 3979 Gd
3.00
 %
11/15/2021
3,494,332

1,418,921

1,412,550

 
Fhr 4272 Yg
2.00
 %
2/15/2022
4,991,903

2,740,460

2,722,921

 
Fhr 4486 Jn
2.00
 %
2/15/2024
2,995,142

2,871,180

2,859,236

 
Fnr 2010-104 Ba
3.50
 %
8/25/2016
4,293,037

167,774

169,487


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

82


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Fnr 2010-99 Dp
3.00
 %
11/25/2019
15,724,496

2,595,425

2,577,418

 
Fnr 2011-132 A
3.00
 %
8/25/2021
7,987,045

3,027,465

3,020,014

 
Fnr 2011-98 Ae
2.50
 %
11/25/2019
8,086,883

2,977,537

2,949,262

 
Fnr 2015-48 Db
3.00
 %
11/25/2020
2,995,142

2,938,887

2,917,385

 
Fordo 2015-C A3
1.41
 %
11/15/2019
1,218,024

1,217,787

1,213,277

 
Gmalt 2015-3 A3
1.69
 %
6/20/2018
2,346,195

2,346,028

2,331,574

 
Gnr 2010-139 Ph
3.00
 %
9/20/2016
3,494,332

308,238

308,099

 
Gnr 2010-151 Dq
4.00
 %
4/20/2020
6,140,041

2,697,280

2,677,988

 
Gnr 2011-160 A
3.00
 %
4/20/2020
6,489,474

2,660,002

2,667,180

 
Gnr 2011-51 Lx
4.00
 %
7/22/2019
1,996,761

2,121,559

2,056,335

 
Gnr 2014-140 Mv
4.00
 %
2/20/2020
1,996,761

1,991,804

1,987,425

 
Gsms 2012-Gcj9 A2
1.76
 %
11/10/2017
3,244,737

3,268,312

3,244,322

 
Jdot 2015-B A3
1.44
 %
4/15/2019
2,745,547

2,745,023

2,734,172

 
Jpmbb 2013-C12 A2
2.42
 %
6/15/2018
2,995,142

3,062,065

3,016,899

 
Msbam 2013-C11 A2
3.09
 %
8/15/2018
2,615,757

2,710,579

2,677,773

 
Msbam 2015-C26 A1
1.59
 %
9/15/2020
2,695,628

2,665,468

2,638,100

 
T 0 7/8 10/15/18
0.88
 %
10/15/2018
12,048,458

11,974,567

11,937,863

 
T 1 1/8 06/15/18
1.13
 %
6/15/2018
1,637,344

1,639,519

1,634,318

 
Taot 2015-C A3
1.34
 %
6/15/2018
2,595,790

2,595,411

2,591,048

 
Wrapper
 
 
 

17,345

 
Fair value of contract
 
 
 
80,684,017

80,226,521

 
Royal Bank of Canada Contract No. Citigroup01
 
 
 
 
 
 
Abbvie Inc Sr Unsec
3.60
 %
5/14/2025
2,193,011

2,211,739

2,168,620


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

83


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Abn Amro Bank Nv Sr Unsec 144A
2.45
 %
6/4/2020
986,855

985,473

979,990

 
Altria Group Inc Glbl Sr Unsec
2.85
 %
8/9/2022
2,247,836

2,243,228

2,194,635

 
American Express Glbl Sr Nt
7.00
 %
3/19/2018
2,193,011

2,759,159

2,433,290

 
Amgen Inc Sr Unsec
3.13
 %
5/1/2025
932,030

916,418

887,166

 
Anheuser-Busch Inbev Fin Sr Unsec
3.70
 %
2/1/2024
493,427

515,597

503,925

 
Anheuser-Busch Inbev Wor Glbl Co Gtd
7.75
 %
1/15/2019
1,589,933

2,101,985

1,838,616

 
AT&T Inc Sr Unsec
3.40
 %
5/15/2025
932,030

910,770

897,538

 
Baidu Inc Sr Unsec
2.75
 %
6/9/2019
1,699,584

1,702,354

1,692,782

 
Bank Of America Corp Sr Unsec
4.00
 %
4/1/2024
2,741,264

2,862,921

2,808,433

 
Bp Capital Markets Plc Co Gtd
4.74
 %
3/11/2021
1,370,632

1,535,725

1,506,371

 
Brf Sa Sr Unsec 144A
4.75
 %
5/22/2024
438,602

433,668

404,611

 
Cash Collateral Fut Rdr Usd
0.20
 %
12/31/2060
87,720

87,720

87,720

 
Cash Collateral Lch Fob Usd
0.10
 %
12/31/2060
183,116

183,116

183,116

 
Chait 2015-A5 A
1.36
 %
4/15/2020
548,253

548,156

545,395

 
Cobb-Marietta Coliseu
2.55
 %
7/1/2021
685,316

685,316

682,534

 
Dominion Gas Hldgs Llc Sr Unsec
2.80
 %
11/15/2020
740,141

737,647

743,057

 
Energy Transfer Partners Sr Unsec
4.15
 %
10/1/2020
627,201

656,134

579,197

 
Enterprise Products Oper Sr Unsec
3.70
 %
2/15/2026
246,714

249,011

221,758

 
Fed Home Ln Mtge Glbl Nt (6Mmm)
1.25
 %
10/2/2019
4,934,275

4,889,995

4,869,675

 
FHLMC Gold 30Yr #Q3-7305
3.00
 %
11/1/2045
2,225,774

2,230,469

2,225,211

 
Fin Fut Us 10Yr Cbt 03/21/16
6.00
 %
3/22/2016
(4,769,799
)
(6,022,617
)
(6,005,475
)
 
Federal Natl Mtg Assn Nt (3.5Mmm)
1.75
 %
11/26/2019
4,934,275

4,994,601

4,962,400

 
Federal Natl Mtg Assn Pass Thru 20Yr #255075
5.50
 %
2/1/2024
503,304

561,656

560,695


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

84


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Federal Natl Mtg Assn Pass Pass Thru 20Yr #256600
5.50
 %
2/1/2027
1,568

1,750

1,747

 
Federal Natl Mtg Assn Pass Thru 20Yr #257047
5.50
 %
1/1/2028
74,326

82,943

82,801

 
Federal Natl Mtg Assn Pass Thru 20Yr #310164
5.50
 %
1/1/2026
350,376

390,997

390,329

 
Federal Natl Mtg Assn Pass Thru 20Yr #888843
5.50
 %
3/1/2027
105,806

118,073

117,871

 
Federal Natl Mtg Assn Pass Thru 20Yr #Ad0912
5.50
 %
4/1/2029
258,074

287,995

287,502

 
Federal Natl Mtg Assn Pass Thru 20Yr #Ae0787
5.50
 %
5/1/2028
113,354

126,496

126,304

 
Federal Natl Mtg Assn Pass Thru 20Yr #Al6938
5.50
 %
4/1/2030
267,049

298,010

297,501

 
Federal Natl Mtg Assn Pass Thru 30Yr #357908
5.50
 %
7/1/2035
20,989

23,422

23,562

 
Federal Natl Mtg Assn Pass Thru 30Yr #756202
5.50
 %
12/1/2033
20,504

22,881

22,952

 
Federal Natl Mtg Assn Pass Thru 30Yr #802316
5.50
 %
11/1/2034
16,029

17,887

18,016

 
Federal Natl Mtg Assn Pass Thru 30Yr #804303
5.50
 %
11/1/2034
43,883

48,971

48,895

 
Federal Natl Mtg Assn Pass Thru 30Yr #808040
5.50
 %
2/1/2035
505,255

563,833

569,670

 
Federal Natl Mtg Assn Pass Thru 30Yr #817640
5.50
 %
11/1/2035
279,546

311,956

311,523

 
Federal Natl Mtg Assn Pass Thru 30Yr #831356
5.50
 %
3/1/2036
233,631

260,718

262,063

 
Federal Natl Mtg Assn Pass Thru 30Yr #849299
5.50
 %
1/1/2036
376,352

419,985

422,072

 
Federal Natl Mtg Assn Pass Thru 30Yr #865433
5.50
 %
2/1/2036
15,981

$
17,834

$
17,813

 
Federal Natl Mtg Assn Pass Thru 30Yr #889561
5.50
 %
6/1/2038
306,181

$
341,679

$
342,524

 
Federal Natl Mtg Assn Pass Thru 30Yr #940765
5.50
 %
6/1/2037
149,299

$
167,402

$
166,422

 
Federal Natl Mtg Assn Pass Thru 30Yr #995759
5.50
 %
11/1/2038
1,059,065

$
1,187,477

$
1,184,895

 
Federal Natl Mtg Assn Pass Thru 30Yr #Ad0963
5.50
 %
9/1/2038
122,915

$
137,165

$
137,256

 
Federal Natl Mtg Assn Pass Thru 30Yr #Al7579
5.50
 %
2/1/2042
267,296

298,286

298,764

 
Federal Natl Mtg Assn Pass Thru 30Yr #As0924
5.00
 %
11/1/2043
2,391,514

2,650,096

2,635,317

 
Federal Natl Mtg Assn Pass Thru 30Yr #Au5386
3.00
 %
6/1/2043
4,274,906

4,162,022

4,285,336


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

85


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Federal Natl Mtg Assn P-T Dus #Am1964
2.18
 %
12/1/2022
1,108,872

1,030,038

1,089,905

 
Federal Natl Mtg Assn Tba 3.0% Jan 30Yr
3.00
 %
1/13/2046
4,386,022

4,406,068

4,386,405

 
Federal Natl Mtg Assn Tba 5.0% Jan 30Yr
5.00
 %
1/13/2046
2,741,264

3,018,388

3,017,682

 
Ford Motor Credit
8.13
 %
1/15/2020
1,315,807

1,670,726

1,551,090

 
Ford Motor Credit Co Llc Sr Unsecured
5.75
 %
2/1/2021
493,427

572,371

545,731

 
General Electric Co Sr Unsec
2.70
 %
10/9/2022
3,289,517

3,365,077

3,278,740

 
Goldman Sachs Group Inc Sr Unsec
3.50
 %
1/23/2025
3,125,041

3,122,634

3,077,234

 
HSBC Holdings Plc Sr Unsec
5.10
 %
4/5/2021
2,083,360

2,449,490

2,317,809

 
Industry Pub Facs-A
4.34
 %
7/1/2024
548,253

564,289

560,517

 
IRS Usd 2.50000 12/16/15-10Y Lch
2.50
 %
12/16/2025
(3,015,390
)
35,527

(89,676
)
 
Jackson Natl Life Global Sec 144A
1.88
 %
10/15/2018
712,729

712,358

707,987

 
Jpmorgan Chase & Co Sr Unsec
3.13
 %
1/23/2025
3,399,167

3,348,486

3,310,581

 
Kinder Morgan Ener Part Sr Unsec
4.25
 %
9/1/2024
2,028,535

2,047,603

1,728,555

 
Medtronic Inc Sr Unsec
3.50
 %
3/15/2025
1,699,584

1,755,398

1,715,480

 
Mufg Americas Hldgs Corp Sr Unsec
2.25
 %
2/10/2020
1,041,680

1,041,482

1,025,243

 
Navsl 2015-1 A1 1Mlib+30Bp
0.72
 %
9/26/2022
528,531

528,531

525,817

 
Navsl 2015-3 A1 1Mlib+32Bp
0.74
 %
7/25/2030
616,565

616,565

612,389

 
New York Life Global Fdg 144A
1.95
 %
2/11/2020
1,151,331

1,151,112

1,129,369

 
Nordea Bank Ab Sr Unsec Frn 144A
1.37
 %
9/17/2018
657,903

657,903

660,761

 
Oracle Corp Sr Unsec
2.50
 %
5/15/2022
630,491

628,271

619,376

 
Port Seattle-Txbl-B1
7.00
 %
5/1/2036
1,096,506

1,266,552

1,240,005

 
Rabobank Nederland Nt
4.50
 %
1/11/2021
2,193,011

2,449,510

2,387,718

 
Royal Bank Of Canada
1.88
 %
2/5/2021
1,206,156

1,205,987

1,185,590


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

86


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Santander Holdings Usa Sr Unsec
4.50
 %
7/17/2025
932,030

935,329

950,546

 
Shell International Fin Sr Unsec
0.81
 %
5/11/2020
2,138,186

2,138,186

2,109,102

 
SLMA 2005-3 A5
0.41
 %
10/25/2024
597,500

592,366

585,173

 
SLMA 2005-6 A5A 3Mlib+11Bp
0.43
 %
7/27/2026
580,838

577,752

574,362

 
SLMA 2005-8 A3
0.43
 %
10/25/2024
410,305

409,696

409,385

 
SLMA 2006-1 A4 3Mlib+9
0.41
 %
7/25/2019
517,548

515,971

514,390

 
SLMA 2006-4 A5 3Mlib+10Bp
0.42
 %
10/27/2025
513,917

512,150

510,038

 
Societe Generale Sr Unsec 144A
2.63
 %
9/16/2020
1,206,156

1,200,885

1,206,752

 
Southwestern Energy Co Glbl Sr Nt
7.50
 %
2/1/2018
1,809,234

2,228,389

1,540,111

*
State Street Bank + Trust Co 2236
(0.20
)%
12/1/2030
293,813

293,813

293,813

 
Sumitomo Mitsui Banking Sr Unsec Frn
0.90
 %
1/16/2018
493,427

494,607

491,980

 
Svenska Handelsbanken Ab Unsec
2.40
 %
10/1/2020
1,370,632

1,369,289

1,361,964

 
Synchrony Financial Sr Unsec
1.56
 %
2/3/2020
1,096,506

1,096,506

1,080,239

 
Taot 2015-C A2A
0.93
 %
2/15/2018
356,364

356,336

355,877

 
U S Treasury Bills
 %
1/21/2016
2,302,662

2,302,329

2,302,567

 
U S Treasury Bills
 %
1/7/2016
1,041,680

1,041,495

1,041,676

 
U S Treasury Bills
 %
1/28/2016
164,476

164,476

164,462

 
U S Treasury Bills
 %
1/14/2016
274,126

274,098

274,119

 
U S Treasury Inflate Prot Bd
0.13
 %
7/15/2022
1,530,997

1,530,780

1,486,143

 
U S Treasury Inflate Prot Bd
0.13
 %
4/15/2020
4,844,351

4,819,914

4,786,161

 
U S Treasury Inflate Prot Bd
0.13
 %
4/15/2019
15,581,804

15,578,455

15,496,494

 
U S Treasury Note
0.38
 %
1/31/2016
10,636,104

10,646,075

10,636,901

 
U S Treasury Note
1.50
 %
6/30/2016
21,107,731

21,368,280

21,207,909


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

87


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
U S Treasury Note
1.00
 %
5/15/2018
16,447,583

16,440,881

16,368,552

 
U S Treasury Note
0.63
 %
8/31/2017
5,756,654

5,746,085

5,720,560

 
U S Treasury Note
0.63
 %
5/31/2017
16,337,932

16,307,397

16,268,055

 
U S Treasury Note
0.50
 %
1/31/2017
29,057,396

29,056,338

28,954,678

 
UBS Ag Stamford Ct Sr Unsec
2.38
 %
8/14/2019
3,015,390

3,046,238

3,013,415

 
US Bank Na Cincinnati Sr Unsec Frn
0.62
 %
1/26/2018
1,370,632

1,370,632

1,364,641

 
Vanderbilt University Nt Unsec
5.25
 %
4/1/2019
548,253

612,530

602,001

 
Verizon Communicationssr Unsec
3.50
 %
11/1/2024
2,083,360

2,103,986

2,061,608

 
Vm Cash Ccp Lch Fob Usd
0.01
 %
12/31/2060
89,618

89,618

89,618

 
Vm Cash Fut Dom Rdr Usd
0.01
 %
12/31/2060
157,026

157,026

157,026

 
Wells Fargo & Company Sr Unsec
1.00
 %
1/30/2020
1,562,520

1,562,520

1,549,497

 
Wells Fargo & Company Sr Unsec
3.55
 %
9/29/2025
1,480,282

1,484,294

1,495,432

 
Uninvested Cash Plus Receivables
 
 
 
941,777

941,777

 
Net Unsettled Trades
 
 
 
(2,874,513
)
(2,874,513
)
 
Net Futures Held
 
 
 
6,005,475

6,005,475

 
Centrally Cleared Swaps (Due To) / Due From Broker
 
 
 
92,121

92,121

 
Wrapper
 
 
 

55,564

 
Fair value of contract
 
 
 
231,152,067

227,852,374

 
Voya Retirement Ins & Annuity Co 60266
 
 
 
 
 
 
1-3 Year Credit Bond Index Fund
 
 
1,444,138

14,706,521

16,717,427

 
Asset-Backed Securities Index Fund
 
 
1,207,575

29,397,415

40,096,783

 
Commercial Mortgage-Backed Index Fund
 
 
206,043

3,414,254

5,564,474

 
Gov1-3A
 
 
225,085

25,375,517

25,630,820


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

88


CITIGROUP 401(k) PLAN
Schedule H, Line 4i – Schedule of Assets (Held at End of Year)
December 31, 2015



 
 
Interest
Maturity
 Number of
 Cost
 Current
 
Identity of issue
rate
date
shares/units
value
value
 
Intermediate Govt Bond Index Fund
 
 
459,962

18,183,093

18,930,620

 
Intermediate Term Credit Bond Index Fund
 
 
1,182,421

47,759,582

60,151,937

 
Long Term Government Bond Index Fund
 
 
56,809

4,177,426

4,404,014

 
Mortgage-Backed Securities Index Fund
 
 
1,042,440

36,155,653

51,285,348

 
Wrapper
 
 
 

452,671

 
Fair value of contract
 
 
 
179,169,461

223,234,094

 
Total synthetic GICs
 
 
 
937,061,023

975,245,150

 
Total GICs (including wrapper contracts)
 
 
 
1,134,542,669

1,173,963,832

 
Total investments
 
 
 
9,425,619,892

10,823,369,991

 
 
 
 
 
 
 
 
Loans receivable from participants
 
 
 
 
 
 
35,720 loans carrying an interest rate of 4.25% to 10.5% with maturities up to 20 years
 
 
 

240,398,016

 
Total
 
 
 
$
9,425,619,892

$
11,063,768,007

 
 
 
 
 
 
 


*Party-in-interest, as defined by ERISA
See accompanying Report of Independent Registered Public Accounting Firm

89



SIGNATURES

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

CITIGROUP 401(k) PLAN


By: /s/ J. Michael Murray
J. Michael Murray
Global Head of Human Resources




Date: June 10, 2016


90