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11-K Filing
Edison International (EIX) 11-KAnnual report of employee stock purchases
Filed: 23 Jun 23, 4:06pm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 11-K
FOR ANNUAL REPORTS OF EMPLOYEE STOCK
PURCHASE, SAVINGS AND SIMILAR PLANS
PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
(Mark One):
⌧ | ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended December 31, 2022
OR
◻ | TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from ______________ to ______________
Commission File Number 1-9936
EDISON 401(K) SAVINGS PLAN
(Full Title of the Plan)
EDISON INTERNATIONAL
(Name of Issuer)
2244 Walnut Grove Avenue (P.O. Box 976), Rosemead, California 91770
(Address of principal executive office)
Edison 401(k) Savings Plan
Financial Statements and Supplemental Schedules
As of December 31, 2022 and 2021 and for the Year Ended December 31, 2022
| |
Report of Independent Registered Public Accounting Firm | 4 |
| |
Financial Statements | |
Statements of Net Assets Available for Plan Benefits as of December 31, 2022 and 2021 | 6 |
Statement of Changes in Net Assets Available for Plan Benefits for the year ended December 31, 2022 | 7 |
Notes to Financial Statements | 8 |
| |
Supplemental Schedules | |
Form 5500, Schedule H, Line 4i-Schedule of Assets (Held at End of Year) | 17 |
Form 5500, Schedule H, Line 4j - Schedule of Reportable Transactions | 19 |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) | 20 |
| |
Signature | 41 |
| |
Consent of Independent Registered Public Accounting Firm | Exhibit 23 |
Note: All schedules other than that listed above have been omitted since the information is either disclosed elsewhere in the financial statements or not required by 29 CFR 2520.103-10 of the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974, as amended.
3
Report of Independent Registered Public Accounting Firm
Plan Administrator and Participants
Edison 401(k) Savings Plan
Rosemead, California
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of Edison 401(k) Savings Plan (the Plan) as of December 31, 2022 and 2021, the related statement of changes in net assets available for benefits for the year ended December 31, 2022, and the related notes to the financial statements (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2022 and 2021, and the changes in net assets available for benefits for the year ended December 31, 2022, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Plan in accordance with U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits, we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
Supplemental Information
The supplemental information in the accompanying schedule of assets (held at end of year) as of December 31, 2022 and the schedule of reportable transactions for the year ended December 31, 2022, 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 includes 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 schedules, 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 schedules is fairly stated in all material respects in relation to the financial statements as a whole.
4
/s/ Vasquez & Company LLP
We have served as the Plan's auditor since 2021.
Glendale, California
June 23, 2023
5
| | | | | | |
| | December 31, | ||||
(in thousands) |
| 2022 |
| 2021 | ||
Assets | | | | | | |
Investments, at fair value | | $ | 4,805,171 | | $ | 5,832,256 |
Receivables | |
| | |
| |
Notes receivable from participants | |
| 76,838 | |
| 77,160 |
Dividends receivable | |
| 4,411 | |
| 4,366 |
Receivable from brokers and other | |
| 8,222 | |
| 12,029 |
Total receivables | |
| 89,471 | |
| 93,555 |
Total assets | |
| 4,894,642 | |
| 5,925,811 |
| | | | | | |
Liabilities | |
|
| |
|
|
Payable to brokers and other | |
| 45,424 | |
| 56,039 |
Total liabilities | |
| 45,424 | |
| 56,039 |
| | | | | | |
Net assets available for plan benefits | | $ | 4,849,218 | | $ | 5,869,772 |
See accompanying notes to financial statements.
6
| | | |
|
| For the year ended | |
(in thousands) |
| December 31, 2022 | |
Additions |
| |
|
Interest income on notes receivable from participants | | $ | 3,501 |
Contributions | |
| |
Employer contributions, net of forfeitures | |
| 102,207 |
Participant and rollover contributions | |
| 173,304 |
Total net contributions | |
| 275,511 |
Total additions | |
| 279,012 |
| | | |
Investment income (loss) | | | |
Dividends | | | 27,365 |
Interest income and other | | | 14,633 |
Net depreciation in fair value of investments | | | (941,398) |
Total investment loss | | | (899,400) |
| | | |
Deductions | |
|
|
Management fees | |
| (5,374) |
Distributions to participants | |
| (394,792) |
Total deductions | |
| (400,166) |
| | | |
Net decrease | |
| (1,020,554) |
Net assets available for plan benefits | |
|
|
Beginning of year | |
| 5,869,772 |
End of year | | $ | 4,849,218 |
See accompanying notes to financial statements.
7
NOTES TO FINANCIAL STATEMENTS
1. Plan Description
The following description of the Edison 401(k) Savings Plan (the "Plan") provides only general information. The Plan sponsor is Southern California Edison Company ("SCE," the "Plan Sponsor"). Participants should refer to the summary plan description and plan document, as amended, for a complete description of the Plan's provisions.
Nature of Plan
Eligibility
The Plan is a defined-contribution plan with a 401(k) feature, in which qualifying full-time and part-time employees of Edison International (the "Company") and subsidiary companies, including SCE, are eligible to participate. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA"), as amended. An employee, as defined by the plan document, is eligible to participate in the Plan immediately upon employment.
Contributions
Subject to statutory limits, all participants may defer pre-tax and after-tax dollars up to 84% of eligible pay. Participating employers provide matching contributions of up to 6% of a participant's eligible pay. The Company allows employees who have attained age fifty before the close of a plan year to make catch-up contributions subject to Internal Revenue Service ("IRS") limitations. The Plan also accepts rollover contributions from other qualified plans. In addition to the matching contributions mentioned above, employees hired by the Company on or after December 31, 2017 receive nonelective employer contributions of 6% for non-represented employees and 4-6%, based on age and service points, for represented employees.
Vesting
Participants immediately vest in their contributions plus actual earnings thereon. Employer contributions plus actual earnings thereon vest at a rate of 20% per year. After five years of service or reaching age 65, all existing and future employer contributions and related earnings are fully vested.
Forfeitures
Forfeited non-vested accounts are used to offset employer contributions. At December 31, 2022 and 2021, the unused portion of forfeited non-vested accounts totaled approximately $64,000 and $27,000, respectively. During 2022, there were $1,528,000 of new forfeited non-vested accounts. Forfeited non-vested accounts were used to reduce employer contributions by approximately $1,491,000 in 2022.
Plan Trust
Plan assets are held in a trust with State Street Bank and Trust Company (the "Trustee") for the benefit of participants and their beneficiaries. The mutual covenants to which the Plan Sponsor and the Trustee agree are disclosed in the trust agreement between the Plan Sponsor and the Trustee. Participants should refer to the trust agreement for a complete description of the mutual covenants.
Plan Administration
The Plan is administered by the Southern California Edison Company Benefits Committee (the "Plan Administrator"), and Conduent Inc. is the Plan's record keeper. The Plan provides participants with a detailed description of each investment fund choice and lists the respective investment manager.
8
Administrative and Investment Expenses
The Plan Sponsor pays the cost of administering the Plan, including fees and expenses of the Trustee and record keeper. The fees, taxes and other expenses incurred by the Trustee or investment managers in making investments are paid out of the applicable investment funds. These expenses also include brokerage fees for sales or purchases of Edison International Common Stock on the open market. No additional costs are incurred in connection with sales of Edison International Common Stock within the trust or the transfer of assets between funds. Effective April 1, 2023, a recordkeeping fee of $9.21 per quarter is applied to the accounts of former employees who separated for reasons other than retirement (defined as age 55 or more with 5 or more years of service) and maintain a balance in the Plan one full quarter after termination. The fee amount is subject to change with advance notice.
Participant Accounts
Each participant account is adjusted for certain activities, including a participant's contribution, the employer's contribution, distributions, loan activities, and allocation of investment earnings (losses) and related expenses. Allocation of earnings (losses) and related expenses is based on account balances. The benefit to which a participant is entitled is the benefit that can be provided from the vested portion of the participant's account.
Notes Receivable from Participants
Participants may borrow from the vested portion of their account, a minimum of $1,000 to a maximum of $50,000, with certain restrictions. Loan transactions are treated as transfers from (to) the investment fund to (from) participant loans. Loan terms range from one to four years for general-purpose loans or up to 15 years for the purchase of a primary residence. Loans bear interest at the prime rate in effect at the time of loan issuance plus one percent. Interest rates on outstanding loans range from 4.25% to 10.50% as of December 31, 2022, and mature on various dates through December 2037. Principal and interest are paid ratably through payroll deductions and are reinvested in the participant's account. Some separated participants may repay loan obligations directly rather than through payroll deductions. Participant loans amounted to approximately $76,838,000 and $77,160,000 as of December 31, 2022 and 2021, respectively.
Distributions to Participants
Account balances are distributed as soon as practicable after a participant dies, becomes entitled to and requests a distribution, or terminates employment with an account balance of $5,000 or less. Participants may otherwise delay distribution, subject to the minimum distribution requirements under Internal Revenue Code ("IRC") Section 401(a)-(9). Participants may receive lump sum distributions. An installment form of distribution payment is also available to certain participants. In-service withdrawals may be taken from after-tax contributions, upon attainment of age 59½, or for certain financial hardships. Participants taking in-service withdrawals will be required to pay all applicable taxes on the withdrawals and may be subject to penalty taxes for early withdrawals taken prior to age 59½. Participants who terminate employment with a vested account balance less than or equal to $1,000 will automatically be paid in a single lump sum. If the vested account balance is greater than $1,000 but less than or equal to $5,000 upon termination of employment, participants will have their vested account balance automatically rolled over to individual retirement accounts ("IRA") selected by the Chair or Secretary of the Plan Administrator, unless the participants make a timely distribution election.
The Setting Every Community Up for Retirement Enhancement Act ( the "SECURE Act 2.0") was passed into law in December 2022. In April 2023, the Required Minimum Distributions ("RMD") age was amended from age 72 to age 73 under the provisions of the SECURE Act 2.0.
9
2. Summary of Significant Accounting Policies
Basis of Accounting
The financial statements are prepared and presented on the accrual basis of accounting and in conformity with U.S. generally accepted accounting principles ("GAAP") applicable to employee benefit plans and ERISA.
Use of Estimates
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and changes therein, and disclosure of contingent assets and liabilities. Actual results could differ materially from those estimates.
Risks and Uncertainties
The Plan's investment in Edison International Common Stock amounted to approximately $315,690,000 and $381,258,000 as of December 31, 2022 and 2021, respectively. Such investments represented approximately 7% and 6% of the Plan's net assets as of December 31, 2022 and 2021, respectively. For risks and uncertainties regarding investment in Edison International Common Stock, participants should refer to the Edison International annual report on Form 10-K for the year ended December 31, 2022, and the quarterly report on Form 10-Q for the period ended March 31, 2023.
The Plan provides for various funds that hold investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities and the level of uncertainty related to changes in the value of investment securities, it is at least reasonably possible that changes in risk in the near term could materially affect participants' account balances and the amounts reported in the Statements of Net Assets Available for Plan Benefits and the Statement of Changes in Net Assets Available for Plan Benefits.
The Plan participates in various investment options that include securities of foreign companies, which involve special risks and considerations not typically associated with investing in U.S. companies. These risks include the devaluation of currencies, less reliable information about issuers, different securities transaction clearance and settlement practices, and possible adverse political and economic developments. Moreover, securities of many foreign companies and their markets may be less liquid and their prices more volatile than securities of comparable U.S. companies.
Investment Valuation and Income Recognition
The Plan's investments are stated at fair value. Purchases and sales of securities are recorded on a trade date basis. Interest income is recorded on the accrual basis. Dividends are recorded on the ex-dividend date. See Note 3 for details.
Net Appreciation (Depreciation) in Fair Value of Investments
Realized and unrealized appreciation (depreciation) in the fair value of investments is based on the difference between the fair value of the assets at the beginning of the year, or at the time of purchase for assets purchased during the year, and the related fair value on the day investments are sold with respect to realized appreciation (depreciation), or on the last day of the year for unrealized appreciation (depreciation).
Notes Receivable from Participants
Notes receivable from participants are measured at their unpaid principal balance plus any accrued but unpaid interest.
Notes receivable from participants that are in default, as provided in the plan document, are treated for tax purposes as deemed distributions for active participants or loan offsets for terminated participants and also reported as such in the Form 5500. For the year ended December 31, 2022, there were deemed distributions, excluding repayments, of approximately $28,000 and loan offsets of approximately $1,218,000 related to notes receivable from participants. The
10
loan offsets are included in Distributions to participants in the Statement of Changes in Net Assets Available for Plan Benefits.
Distributions to Participants
Distributions to participants, other than notes receivable from participants, are recorded when paid.
Subsequent Events
The Plan has evaluated subsequent events through the date the financial statements were available to be issued.
During this period, there were no material subsequent events that affected the Plan's financial statements.
3. Fair Value Measurements
Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (referred to as an "exit price"). The fair value of an asset or liability considers assumptions that market participants would use in pricing the asset or liability, including assumptions about nonperformance risk. The Plan categorizes financial assets and liabilities into a three-level fair value hierarchy based on valuation inputs used to derive fair value. The hierarchy gives the highest priority to unadjusted quoted market prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). The three levels of the fair value hierarchy are:
● | Level 1: The fair value of Level 1 assets and liabilities is determined using unadjusted quoted prices in active markets that are available at the measurement date for identical assets and liabilities; |
● | Level 2: Pricing inputs other than Level 1 that are observable, either directly or indirectly, such as quoted market prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the financial instrument; and |
● | Level 3: The fair value of Level 3 assets and liabilities is determined using the income approach through various models and techniques that require significant unobservable inputs. The Plan does not have any Level 3 assets and liabilities. |
The asset or liability's fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. All of the investments had observable pricing inputs. There were no changes in the valuation methods during 2022 and 2021. Plan assets carried at fair value are described below.
Edison International Common Stock and investments in equity mutual funds are valued at the unadjusted quoted prices in active or highly liquid and transparent markets and are classified as Level 1.
Investments in separately managed accounts ("separate accounts") are managed by external investment managers and include the following: Cash and short-term interest-bearing investments with initial maturities of three months or less are recorded at cost, plus accrued interest, which approximates fair value. The value of equity investments, real estate investment trusts, and US Treasury investments in separate accounts is based on quoted market prices in active or highly liquid and transparent markets and is therefore classified as Level 1. The fair value of fixed-income investments, including asset-backed securities, in separate accounts is based on evaluated prices that reflect significant observable market information but are classified as Level 2 because they trade in markets that are not considered active. Separate accounts also include minor investments in derivative contracts, including options and futures traded in active markets and swap contracts valued at fair value, as determined by the investment managers taking into consideration exchange quotations on underlying instruments, dealer quotations and other market information.
The self-directed brokerage accounts contain investments stated at quoted market prices for equities and mutual funds, and therefore, are classified as Level 1. Fixed-income investments in this category are classified as Level 2.
11
The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although 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.
The following presents information about the Plan's investments that are measured at fair value on a recurring basis as of December 31, 2022 and 2021, by level within the fair value hierarchy:
| | | | | | | | | | | | |
| | Investments at Fair Value as of December 31, 2022 | ||||||||||
(in thousands) |
| Level 1 |
| Level 2 |
| NAV 1 |
| Total | ||||
Edison International Common Stock Fund | | $ | 314,673 | | $ | — | | $ | 1,017 | | $ | 315,690 |
Money market fund | |
| — | | | — | | | 429,114 | |
| 429,114 |
Self-directed brokerage accounts | |
| 662,829 | | | 5,966 | | | — | |
| 668,795 |
Mutual fund | |
| 264,351 | | | — | | | — | |
| 264,351 |
Collective investment funds | |
| — | | | — | | | 2,584,759 | |
| 2,584,759 |
Separate managed funds: | |
| | | | | | | | |
|
|
Cash and other short-term investments | |
| 170 | | | 27 | | | 11,658 | |
| 11,855 |
Mutual funds | |
| — | | | — | | | 21,864 | |
| 21,864 |
Fixed income securities 2 | |
| 48,075 | | | 181,149 | | | — | |
| 229,224 |
Common and preferred stocks | |
| 270,694 | | | 3,229 | | | — | |
| 273,923 |
Other | |
| — | | | 5,596 | | | — | |
| 5,596 |
Total separate managed funds | |
| 318,939 | |
| 190,001 | |
| 33,522 | |
| 542,462 |
Total investments at fair value | | $ | 1,560,792 | | $ | 195,967 | | $ | 3,048,412 | | $ | 4,805,171 |
| | | | | | | | | | | | |
| | Investments at Fair Value as of December 31, 2021 | ||||||||||
(in thousands) |
| Level 1 |
| Level 2 |
| NAV 1 |
| Total | ||||
Edison International Common Stock Fund | | $ | 380,020 | | $ | — | | $ | 1,238 | | $ | 381,258 |
Money market fund | |
| — | | | — | | | 427,828 | |
| 427,828 |
Self-directed brokerage accounts | |
| 923,670 | | | 5,371 | | | — | |
| 929,041 |
Mutual fund | |
| 270,208 | | | — | | | — | |
| 270,208 |
Collective investment funds | |
| — | | | — | | | 2,929,821 | |
| 2,929,821 |
Separate managed funds: | |
| | | | | | | | |
|
|
Cash and other short-term investments | |
| 242 | | | 784 | | | 28,339 | |
| 29,365 |
Mutual funds | |
| — | | | — | | | 44,452 | |
| 44,452 |
Fixed-income securities 2 | |
| 63,626 | | | 187,850 | | | — | |
| 251,476 |
Common and preferred stocks | |
| 559,607 | | | 2,144 | | | — | |
| 561,751 |
Other | |
| — | | | 7,056 | | | — | |
| 7,056 |
Total separate managed funds | |
| 623,475 | |
| 197,834 | |
| 72,791 | |
| 894,100 |
Total investments at fair value | | $ | 2,197,373 | | $ | 203,205 | | $ | 3,431,678 | | $ | 5,832,256 |
1 | These investments are measured at fair value using the net asset value ("NAV") per share practical expedient and have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts in the Statements of Net Assets Available for Plan Benefits. |
2 | These investments primarily consist of corporate bonds, U.S. government and agency securities including U.S. treasury notes and bonds. These investments also include mortgage backed securities of $15,251 and $14,669 as of December 31, 2022 and 2021, respectively. |
There were no investments classified as Level 3 held by the Plan during 2022 and 2021.
Fund Investments Valued at Net Asset Value per Share as a Practical Expedient
NAV is used as a practical expedient to estimate fair value, and is based on the fair value of the underlying investments held by the fund less its liabilities. This practical expedient is not used if it is determined to be probable that the
12
investment will be sold for an amount different from the reported NAV. The following table summarizes investments measured at fair value based on NAV per share:
| | | | | | | | | |
| | December 31, 2022 | |||||||
|
| | |
| |
| Redemption |
| |
| | | |
| Unfunded |
| Frequency |
| Redemption Notice |
(in thousands) |
| Fair Value |
| Commitments |
| (if currently eligible) |
| Period | |
Money market fund 1 | | $ | 441,789 |
| Not applicable |
| Daily |
| None |
Mutual fund 2 | |
| 21,864 |
| Not applicable |
| Daily |
| None |
Collective investment funds 3 | |
| 2,584,759 |
| Not applicable |
| Daily |
| None |
Total | | $ | 3,048,412 |
|
|
|
|
|
|
| | | | | | | | | |
| | December 31, 2021 | |||||||
|
| | |
| |
| Redemption |
| |
| | | |
| Unfunded |
| Frequency |
| Redemption Notice |
(in thousands) |
| Fair Value |
| Commitments |
| (if currently eligible) |
| Period | |
Money market fund 1 | | $ | 457,405 |
| Not applicable |
| Daily |
| None |
Mutual fund 2 | |
| 44,452 |
| Not applicable |
| Daily |
| None |
Collective investment funds 3 | |
| 2,929,821 |
| Not applicable |
| Daily |
| None |
Total | | $ | 3,431,678 |
|
|
|
|
|
|
1 | As of December 31, 2022 and 2021, the combined money market fund investments of $441,789 and $457,405, respectively, are primarily invested in the State Street Money Market Fund; $11,658 and $27,806, respectively, are invested in separate managed funds "Cash and short-term investments;" $1,017 and $1,238, respectively, are invested in the "Edison International Common Stock Fund." |
The State Street money market fund seeks to provide safety of principal, daily liquidity and a competitive yield over the long term. The fund invests in a diversified portfolio of securities including securities guaranteed by the U.S. Government or its agencies; debt securities of domestic or foreign corporations, mortgage-backed and other asset-backed securities, municipal bonds, structured notes, loan participations, revolving credit facilities, repurchase agreements and bank certificates of deposit.
2 | As of December 31, 2022 and 2021, the investments are all invested in a bond mutual fund within the separately managed accounts. The investment objective is to seek maximum current income, consistent with the preservation of capital and daily liquidity. |
3 | As of December 31, 2022 and 2021, collective investment funds primarily consist of fixed-income index funds that seek to track the Barclays Capital Aggregate Bond Index, equity index funds that seek to track the performance of the Standard and Poor's 500 index, the Russell 2500 index, and the MSCI AC World Index (excluding the U.S.). |
4. Investment Elections
The Trustee invests contributions in accordance with participant instructions.
Participants may elect changes to their investment mix effective each business day, with certain restrictions. The Plan imposes a seven-day trading restriction that applies to all funds except the Edison International Common Stock Fund. Reallocation elections may also be subject to redemption fees or other measures imposed by investment fund managers. Participants may effect changes to their deferral percentages and deferral investment elections coincident with their pay frequency.
The transfer of a participant's investment from one fund to any other fund is based on the net asset value of the units allocated to the participant's account as of the close of market on the date of transfer.
13
5. Investment Options
As of December 31, 2022 and 2021, all participants were able to choose from various investment fund offerings. These investment funds consisted of the following:
● | Tier 1 – Ten Target Date Funds: Premixed allocation of stocks, bonds and cash. Each Target Date Fund is built from a combination of the Tier 2 core funds and designed to be more conservative over time as each fund approaches its target date. |
● | Tier 2 –Seven Institutional Funds representing a range of asset classes: large and small U.S. stocks, cash equivalents, non-U.S. stocks, real assets and fixed-income instruments, with varying degrees of risk and return. Effective June 29, 2021, further investment in the Edison International Common Stock Fund was closed to new investment, including deferrals and contributions (reinvestment of dividends on Edison International Common Stock is not treated as new investment for this purpose). Amounts currently invested in the Edison International Common Stock Fund may remain invested there. As of February 1, 2023, three passive funds were added to Tier 2, increasing the number of funds available in Tier 2 to ten. |
● | Tier 3 – Self-Directed Brokerage Accounts: Allow participants to select investments from among thousands of publicly traded securities, including individual equities, mutual funds, fixed-income products, exchange-traded funds, real estate investment trusts, and taxable unit investment trusts. |
The Plan Sponsor's Trust Investment Committee may direct the Trustee to establish new investment funds or discontinue existing ones as well as change the investment medium for each investment fund. Participants should refer to the summary plan description for a more complete discussion of the various investment options.
6. Reconciliation of Financial Statements to Form 5500
The following is a reconciliation of net assets available for plan benefits per the financial statements to the Form 5500:
| | | | | | |
| | December 31, | ||||
(in thousands) |
| 2022 |
| 2021 | ||
Net assets available for plan benefits per the financial statements | | $ | 4,849,218 | | $ | 5,869,772 |
Less: Amounts allocated to withdrawing participants | | | (293) | |
| (2,018) |
Less: Deemed distributions of participant loans | |
| (804) | |
| (1,106) |
Net assets available for plan benefits per the Form 5500 | | $ | 4,848,121 | | $ | 5,866,648 |
The following is a reconciliation of total deductions per the financial statements to the Form 5500:
| | | |
|
| For the year ended | |
(in thousands) |
| December 31, 2022 | |
Total distribution to participants per the financial statements | | $ | 394,792 |
Add: Amounts allocated to withdrawing participants at December 31, 2022 | |
| 293 |
Add: Deemed distributions of participant loans at December 31, 2022 | |
| 804 |
Less: Amounts allocated to withdrawing participants at December 31, 2021 | |
| (2,018) |
Less: Deemed distributions of participant loans at December 31, 2021 | |
| (1,106) |
Benefits paid to participants per the Form 5500 | | $ | 392,765 |
Amounts allocated to withdrawing participants are recorded on the Form 5500 for benefit claims that have been processed and approved for payment prior to December 31 but not paid as of that date. Deemed distributions are defaulted and unpaid participant loans of active participants that are disallowed on the Form 5500.
7. Related-Party Transactions
Certain plan investments, including investments held in the trust, are shares of funds managed by the Trustee. The Plan also invests in the Edison International Common Stock Fund and receives services from the Plan Sponsor. In addition,
14
the Plan issues loans to participants, see Notes Receivable from Participants in Note 1 for more details. These transactions qualify as exempt party-in-interest transactions under ERISA.
The money market fund is managed by State Street Bank and Trust Company, which also serves as the Plan's Trustee. Fees earned by the Trustee in its capacity as the fund manager for the Plan were approximately $216,000 for 2022 and were shown as a reduction in Interest income on the Statement of Changes in Net Assets Available for Plan Benefits.
The Plan's investment options include the Company's Common Stock as a fund option. See Note 2 for a discussion of the amount of the Plan's investment in the Company's Common Stock. In addition, State Street Global Advisors, an affiliate of State Street Bank and Trust Company, is the investment manager of the Edison International Common Stock Fund. Fees earned by State Street Global Advisors in its capacity as the investment manager of the Edison International Common Stock Fund were approximately $74,000 for 2022 and were included in Management fees on the Statement of Changes in Net Assets Available for Plan Benefits.
See Note 10 regarding Edison International Common Stock Fund dividend payments.
8. Plan Termination
Although it has not expressed intent to do so, the Plan Sponsor has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of plan termination, participants will become fully vested in their accounts. The trust will continue after termination until all trust assets have been distributed to participants and their beneficiaries.
9. Tax Status
The IRS has determined and informed the Plan Sponsor by a letter dated June 15, 2017, that the Plan and related trust are designed in accordance with the applicable qualification sections of the IRC. The Plan has been amended since receiving the determination letter. However, the Plan Administrator believes that the Plan, as amended, is designed in compliance with the applicable qualification requirements of the IRC, and that the Plan continues to be tax exempt. In addition, the Plan Administrator is not aware of any unaddressed operational issues for which corrective action is not being taken that will prevent the continuation of the Plan's qualified tax status.
10. Employee Stock Ownership Plan
The Edison International Common Stock Fund constitutes an employee stock ownership plan that allows for the current distribution of dividends to the accounts of all participants through the Plan. Such distributions amounted to approximately $1,999,000 for the year ended December 31, 2022. On December 8, 2022, the Board of Directors of Edison International declared a quarterly common stock dividend of $0.7375 per share which was paid on January 31, 2023 to the shareholders of record as of December 30, 2022. As the record date was at year end, dividend income of $0.7375 per share amounting to approximately $3,648,000 was accrued and included in Dividends receivable in the accompanying financial statements at December 31, 2022. As of December 31, 2021, approximately $3,898,000 was accrued in dividend receivable and paid on January 31, 2022.
15
| |
Form 5500 Schedule H, Line 4i - Schedule of Assets (Held at End of Year) | Edison 401(k) Savings Plan |
| | | | | | | | |
| |
| |
| EIN: 95‑1240335 | |||
| | | | | Plan Number: 002 | |||
| | | | | | | | |
(a) | (b) | | (c) | | (d) |
| (e) | |
| Identity of Issue, Borrower, | | Description of Investment Including Maturity Date, | | | | Current Value | |
| Lessor, or Similar Party | | Rate of Interest, Par or Maturity Value | | Cost** | | (in thousands) | |
Edison International common stock fund |
|
|
|
|
| | | |
* | Edison International |
| Common stock - no par value |
| | | $ | 315,690 |
Money market fund |
|
|
|
| |
| | |
* | State Street Bank & Trust Co. |
| Money market fund - collective instrument in the State Street Bank short-term income fund |
| | |
| 429,114 |
Investment funds |
|
|
|
| |
| | |
| BlackRock Global Investors |
| Collective investment in the core Standard & Poor 500 index fund |
| | |
| 1,089,245 |
| PIMCO*** |
| Separate managed account in the core bond fund |
| | |
| 145,338 |
| BlackRock Global Investors |
| Collective investment in the core bond fund |
| | |
| 110,306 |
| Dodge & Cox*** |
| Separate managed account in the core bond fund |
| | |
| 120,771 |
| Harding Loevner |
| Collective investment in the core international stock fund |
| | |
| 233,116 |
| Dodge & Cox |
| Mutual fund in the core international stock fund |
| | |
| 264,351 |
| BlackRock Global Investors |
| Collective investment in the core international stock fund |
| | |
| 233,628 |
| BlackRock Global Investors |
| Collective investment in the core Standard & Poor 500 index -large company stock fund |
| | |
| 225,303 |
| Jackson Square Partners*** |
| Separate managed account in the core U.S. small-medium company stock fund |
| | |
| 45,323 |
| BlackRock Global Investors |
| Collective investment in the core U.S. small-medium company stock fund |
| | |
| 130,516 |
| Next Century*** |
| Separate managed account in the core U.S. small-medium company stock fund |
| | |
| 105 |
| AJO Partners*** |
| Separate managed account in the core U.S. small-medium company stock fund |
| | |
| 88 |
| T. Rowe Price*** |
| Separate managed account in the core U.S. large company stock fund |
| | |
| 230,732 |
| Blackrock Global Investors |
| Collective Investment in core real assets fund |
| | |
| 52,463 |
| Blackrock Global Investors |
| Collective Investment in global real estate investment trust fund |
| | |
| 33,837 |
| Blackrock Global Investors |
| Collective Investment in short term treasury inflation protected securities fund |
| | |
| 59,484 |
| Blackrock Global Investors |
| Collective Investment in the commodities fund |
| | |
| 24,440 |
| Cardinal Capital |
| Collective investment in the core U.S. small-medium company stock fund |
| | |
| 63,204 |
| Hood River Capital |
| Collective investment in the core U.S. small-medium company stock fund |
| | |
| 67,970 |
| Westwood*** | | Westwood US Small- Med Comp Stock | | | | | 105 |
| BlackRock Global Investors | | RUSSELL 1000 growth fund | | | | | 199,013 |
| BlackRock Global Investors | | RUSSELL 2000 value fund | | | | | 62,234 |
| |
| Total Investment funds |
| | | | 3,391,572 |
Self-directed brokerage accounts |
|
|
| | |
|
| |
| Charles Schwab |
| Self-directed brokerage accounts |
| | |
| 668,795 |
| |
| Total investments |
| | | | 4,805,171 |
17
Notes receivable from participants |
|
|
|
| |
|
| |
* | Notes receivable from participants |
| Loans with maturities varying from one to four years -or up to 15 years for the purchase of a primary residence and interest rates of 4.25% to 10.50% |
| | |
| 76,838 |
| |
| Total |
| | | $ | 4,882,009 |
* | Party-in-interest |
** | Investments are participant-directed; therefore, disclosure of cost is not required. |
*** | See investment details of the separate managed investments in the appendix of the Schedule of Assets. |
18
| |
Form 5500 Schedule H, Line 4j - Schedule of Reportable Transactions | Edison 401(k) Savings Plan |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | EIN: 95-1240335 | ||||
| | | | | | | | | | | | | | | | Plan Number: 002 | ||||
(a) |
| (b) |
| (c) | | (d) |
| |
| (g) |
| (h) |
| (i) | ||||||
| | | | | | | | | | | | | | | | | | | | |
(in thousands) |
| |
| | | | | |
| | | | | |
| |
| | | |
|
| |
| | | |
| | | | | | Current |
| | | ||||
| | | | Purchase | | Selling | | | Number of | | Cost of | | value of | | Net gain | |||||
Identity of Party Involved | | Description of Asset | | price | | price |
| | transactions | | asset | | asset | | or (loss) | |||||
State Street Bank+Trust Co |
| Short term investment fund | | $ | 791,052 | | $ | | | | 852 | | $ | | | $ | 791,052 | | $ | — |
State Street Bank+Trust Co |
| Short term investment fund |
| | | | | 807,022 | | | 1,006 | | | 807,022 | | | 807,022 | | | — |
19
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| 3175352C5 OTC ECAL FN 5.5 JAN23 101.859375 CALL |
| $ | 1 |
| | |
| 317543V29 OTC ECAL FN 5.5 JAN23 102.25 CALL | |
| 1 |
| | |
| 317553QJ7 ECAL FN 5.5 FEB23 101,75 CALL | |
| 1 |
| | |
| 317U141X0 IRO EUR 30Y MAR23 0 PUT | |
| 141 |
| | |
| 317U142X9 IRO EUR 10Y P0.175 MAR23 0.175 PUT | |
| (270) |
| | |
| 317U178X6 IRO EUR 30Y MAR23 0 PUT | |
| 135 |
| | |
| 317U179X5 IRO EUR 10Y P0.1750 MAR23 NEG0.1750 PUT | |
| (255) |
| | |
| 317U1PBA2 PIMCO SWAPTION 2.547 CALL EUR 202303 | |
| 4 |
| | |
| 317U1PCA1 PIMCO SWAPTION 2.547 PUT EUR 2023030 | |
| (8) |
| | |
| 317U1Q8A4 PIMCO SWAPTION 2.067 CALL EUR 202306 | |
| 3 |
| | |
| 317U1Q9A3 PIMCO SWAPTION 3.14 PUT EUR 20230609 | |
| (6) |
| | |
| 317U1QBA0 PIMCO SWAPTION 4.715 PUT USD 2023091 | |
| (1) |
| | |
| 317U1QCA9 PIMCO SWAPTION 4.2325 PUT USD 202309 | |
| (1) |
| | |
| 317U1QDA8 PIMCO SWAPTION 3.75 PUT USD 20230911 | |
| 2 |
| | |
| 317U1QEA7 PIMCO SWAPTION 3.75 PUT USD 20230911 | |
| 3 |
| | |
| 317U1QFA6 PIMCO SWAPTION 4.715 PUT USD 2023091 | |
| (1) |
| | |
| 317U1QGA5 PIMCO SWAPTION 4.2325 PUT USD 202309 | |
| (2) |
| | |
| 317U1QOA6 PIMCO SWAPTION 3.0 CALL USD 20230112 | |
| 1 |
| | |
| 317U1RFA4 PIMCO SWAPTION 2.61 CALL USD 2023011 | |
| 1 |
| | |
| 317U1RGA3 PIMCO SWAPTION 3.11 PUT USD 20230117 | |
| (2) |
| | |
| 317U1ROA4 PIMCO SWAPTION 3.05 PUT USD 20230117 | |
| (3) |
| | |
| 317U1RPA3 PIMCO SWAPTION 2.6 CALL USD 20230117 | |
| 1 |
| | |
| 317U1S3A5 PIMCO SWAPTION 3.4 PUT USD 20230117 | |
| (1) |
| | |
| 317U1S9A9 PIMCO SWAPTION 3.18 PUT USD 20230119 | |
| (1) |
| | |
| 317U1SAA7 PIMCO SWAPTION 2.74 CALL USD 2023011 | |
| 1 |
| | |
| 317U1T0A6 PIMCO SWAPTION 3.52 PUT USD 20230123 | |
| (1) |
| | |
| 317U259Z3 PIMCO SWAPTION 0.01985 PUT USD 20230 | |
| (225) |
| | |
| 317U260Z0 PIMCO SWAPTION 0.02134 PUT USD 20230 | |
| 132 |
| | |
| 317U269Z1 PIMCO SWAPTION 0.0196 PUT USD 202309 | |
| (269) |
| | |
| 317U270Z8 PIMCO SWAPTION 0.02102 PUT USD 20230 | |
| 134 |
| | |
| 317U706Y5 PIMCO SWAPTION 0.020 PUT USD 2023062 | |
| (491) |
| | |
| 317U707Y4 PIMCO SWAPTION 0.022125 PUT USD 2023 | |
| 238 |
| | |
| 317U758Y2 PIMCO SWAPTION 0.02086 PUT USD 20230 | |
| (1,104) |
| | |
| 317U759Y1 PIMCO SWAPTION 0.02254 PUT USD 20230 | |
| 550 |
| | |
| 3839KF904 | |
| 200 |
| | |
| 90DAY EUR FUTR JUN23 XCME 20230619 | |
| 8 |
| | |
| ACE SECURITIES CORP. ACE 2004 HE4 M1 | |
| 145 |
| | |
| ADVENT HEALTH SYSTEM UNSECURED 09/24 2.433 | |
| 95 |
| | |
| AEP TEXAS INC SR UNSECURED 07/30 2.1 | |
| 325 |
| | |
| AERCAP IRELAND CAP/GLOBA COMPANY GUAR 07/23 4.125 | |
| 397 |
| | | | AGREE LP COMPANY GUAR 06/28 2 | | | 246 |
| | | | AIR LEASE CORP SR UNSECURED 09/23 3 | | | 295 |
| | | | ALBA PLC ALBA 2006 2 A3B REGS | | | 129 |
| | | | ALLEGION US HOLDING CO COMPANY GUAR 10/24 3.2 | | | 96 |
20
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| ALTRIA GROUP INC COMPANY GUAR 02/26 4.4 | | $ | 458 |
| | |
| AMER AIRLN 14 1 A PTT PASS THRU CE 04/28 3.7 | | | 50 |
| | |
| AMERICAN ASSETS TRUST LP COMPANY GUAR 02/31 3.375 | | | 80 |
| | |
| AMERICAN EXPRESS CO SR UNSECURED 05/24 3.375 | | | 686 |
| | |
| ARGENTINE PESO | | | 59 |
| | |
| ARROW ELECTRONICS INC SR UNSECURED 03/23 4.5 | | | 100 |
| | |
| AT+T INC SR UNSECURED 03/26 1.7 | | | 181 |
| | |
| AT+T INC SR UNSECURED 06/51 3.65 | | | 284 |
| | |
| ATMOS ENERGY CORP SR UNSECURED 03/23 0.625 | | | 298 |
| | |
| AUSTRALIAN GOVERNMENT BONDS REGS 11/31 1 | | | 158 |
| | |
| AUTONATION INC SR UNSECURED 06/30 4.75 | | | 179 |
| | |
| BANC OF AMERICA SEURITIES LLC TBA CASH COLLATERAL USD | | | (10) |
| | |
| BANCA MONTE DEI PASCHI S SR UNSECURED REGS 09/24 3.625 | | | 101 |
| | |
| BANCO BILBAO VIZCAYA ARG SR UNSECURED 09/25 1.125 | | | 179 |
| | |
| BAPTIST HEALTHCARE UNSECURED 08/50 3.54 | | | 72 |
| | |
| BARCLAYS PLC SR UNSECURED 05/24 VAR | | | 1,194 |
| | |
| BARCLAYS PLC SR UNSECURED 11/32 VAR | | | 306 |
| | |
| BAT CAPITAL CORP COMPANY GUAR 09/26 3.215 | | | 554 |
| | |
| BEAR STEARNS ADJUSTABLE RATE M BSARM 2004 10 11A1 | | | 51 |
| | |
| BOA FUTURES COC BOA FUTURES CCBOSXUS1 | | | 221 |
| | |
| BOEING CO SR UNSECURED 02/28 3.25 | | | 639 |
| | |
| BOEING CO SR UNSECURED 05/30 5.15 | | | 196 |
| | |
| BON SECOURS MERCY SECURED 06/50 3.205 | | | 67 |
| | |
| BOSTON PROPERTIES LP SR UNSECURED 04/32 2.55 | | | 76 |
| | |
| BROADCOM INC COMPANY GUAR 04/30 5 | | | 190 |
| | |
| BWU00V8J0 IRS USD P F 2.25000 SWU00V8J0 CCPVANILLA | | | 134 |
| | |
| BWU00V8J0 IRS USD R V 03MLIBOR SWUV0V8J2 CCPVANILLA | | | 1 |
| | |
| BWU00XPH1 IRS USD P F 2.00000 SWU00XPH1 CCPVANILLA | | | 102 |
| | |
| BWU00XPH1 IRS USD R V 03MLIBOR SWUV0XPH3 CCPVANILLA | | | 7 |
| | |
| BWU015HX5 IRS USD P F 1.15000 SWU015HX5 CCPVANILLA | | | 945 |
| | |
| BWU015HX5 IRS USD R V 03MLIBOR SWUV15HX7 CCPVANILLA | | | (17) |
| | |
| BWU0177O2 IRS USD P F 1.25000 SWU0177O2 CCPVANILLA | | | 692 |
| | |
| BWU0177O2 IRS USD R V 03MLIBOR SWUV177O4 CCPVANILLA | | | (34) |
| | |
| BWU01ARM7 IRS USD P F 1.94250 SWU01ARM7 CCPVANILLA | | | 56 |
| | |
| BWU01AVX8 IRS USD P F 1.93500 SWU01AVX8 CCPVANILLA | | | 28 |
| | |
| BWU01AWK5 IRS USD P F 1.96800 SWU01AWK5 CCPVANILLA | | | 28 |
| | |
| BWU01AWL3 IRS USD P F 1.94500 SWU01AWL3 CCPVANILLA | | | 28 |
| | |
| BWU01BF48 IRS USD P F 1.47000 SWU01BF48 CCPVANILLA | | | 34 |
| | |
| BWU01BIT0 IRS USD P F 1.47600 SWU01BIT0 CCPVANILLA | | | 17 |
| | |
| BWU01BQL8 IRS USD P F 1.64500 SWU01BQL8 CCPVANILLA | | | 34 |
| | | | BWU01BQX2 IRS JPY P F .05000 SWU01BQX2 CCPOIS | | | 174 |
| | | | BWU01BQX2 IRS JPY R V 12MTONA SWUV1BQX4 CCPOIS | | | (113) |
| | | | BWU01BWM9 IRS USD P F 1.78500 SWU01BWM9 CCPVANILLA | | | 62 |
| | | | BWU01DJI9 IRS USD P F 1.81000 SWU01DJI9 CCPVANILLA | | | 92 |
21
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| BWU01EB12 IRS USD P F 1.63750 SWU01EB12 CCPVANILLA | | $ | 34 |
| | |
| BWU01H5V6 IRS USD P F 1.75000 BWU01H5V6 CCPOIS | | | 891 |
| | |
| BWU01H5V6 IRS USD R V 12MSOFR BWU01H5V6 CCPOIS | | | (690) |
| | |
| BWU01HHW1 IRS BRL P F 12.94000 SWU01HHW1 CCPNDFPREDISWAP | | | 427 |
| | |
| BWU01HHW1 IRS BRL R V 00MBRCDI SWUV1HHW3 CCPNDFPREDISWAP | | | (427) |
| | |
| BWU01KSB8 IRS GBP P F 2.25000 SWU01KSB8 CCPOIS | | | 65 |
| | |
| BWU01KSB8 IRS GBP R V 12MSONIA SWUV1KSB0 CCPOIS | | | (8) |
| | |
| BWU01KSD4 IRS GBP P F 2.00000 SWU01KSD4 CCPOIS | | | 194 |
| | |
| BWU01KSD4 IRS GBP R V 12MSONIA SWUV1KSD6 CCPOIS | | | (182) |
| | |
| BWU01NHV0 IRS USD P F 4.27000 SWU01NHV0 CCPOIS | | | 2 |
| | |
| BWU01NIQ0 IRS USD P F 3.05000 SWU01NIQ0 CCPOIS | | | 9 |
| | |
| BWU0SU928 IRS USD P F 1.25000 SWU0SU928 CCPVANILLA | | | 63 |
| | |
| BWU0SU928 IRS USD R V 03MLIBOR SWUVSU920 CCPVANILLA | | | 8 |
| | |
| BWU0XC005 IRS USD P F 1.25000 SWU0XC005 CCPVANILLA | | | 569 |
| | |
| BWU0XC005 IRS USD R V 03MLIBOR SWUVXC007 CCPVANILLA | | | (272) |
| | |
| CALIFORNIA ST HLTH FACS FING A CASMED 06/37 FIXED 4.19 | | | 179 |
| | |
| CANADIAN PACIFIC RAILWAY COMPANY GUAR 12/31 2.45 | | | 249 |
| | |
| CAPITAL ONE FINANCIAL CO SR UNSECURED 05/25 VAR | | | 391 |
| | |
| CCBCYHUS5 CCPC BARC COC CCPC CASH COLLATERAL USD | | | 9 |
| | |
| CCBOSHUS6 BANK OF AMERICA CCPC CCBOSHUS6 BANK OF AMERICA CCPC | | | 406 |
| | |
| CCBOSZUS6 BOA CCPC COC CCBOSZUS6 BOA CCPC COC | | | 1,388 |
| | |
| CCCSNTUS5 FWBC USD FORWARDS CS CASH COLLATERAL | | | (250) |
| | |
| CCFARIUS1 SWCC WELLS FARGO USD SWAPS CASH COLLATERAL USD | | | 120 |
| | |
| CDW LLC/CDW FINANCE COMPANY GUAR 12/26 2.67 | | | 89 |
| | |
| CENTENE CORP SR UNSECURED 07/28 2.45 | | | 169 |
| | |
| CENTENE CORP SR UNSECURED 08/31 2.625 | | | 235 |
| | |
| CHARTER COMM OPT LLC/CAP SR SECURED 04/51 3.7 | | | 428 |
| | |
| CIGNA GROUP/THE SR UNSECURED 03/31 2.375 | | | 328 |
| | |
| CITIGROUP COMMERCIAL MORTGAGE CGCMT 2016 C1 A4 | | | 93 |
| | |
| CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 8 3A1 | | | 49 |
| | |
| CITIZENS BANK NA/RI SR UNSECURED 02/26 3.75 | | | 384 |
| | |
| COMM MORTGAGE TRUST COMM 2017 COR2 A3 | | | 184 |
| | |
| COMMONSPIRIT HEALTH SR SECURED 10/49 4.187 | | | 79 |
| | |
| CONSTELLATION EN GEN LLC SR UNSECURED 06/25 3.25 | | | 287 |
| | |
| COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2004 28CB 5A1 | | | 56 |
| | |
| COUNTRYWIDE HOME LOANS CWHL 2004 HYB2 6A | | | 25 |
| | |
| CREDIT SUISSE GROUP AG SR UNSECURED 04/26 4.55 | | | 265 |
| | |
| CREDIT SUISSE NEW YORK SR UNSECURED 07/27 5 | | | 274 |
| | |
| CREDIT SUISSE NEW YORK SR UNSECURED 08/23 0.52 | | | 571 |
| | |
| CSAIL COMMERCIAL MORTGAGE TRUS CSAIL 2015 C3 ASB | | | 229 |
| | | | CVS HEALTH CORP SR UNSECURED 08/27 1.3 | | | 509 |
| | | | DCP MIDSTREAM OPERATING COMPANY GUAR 02/32 3.25 | | | 248 |
22
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | DEUTSCHE BANK NY SR UNSECURED 11/25 VAR | | | 191 |
| | | | DTE ENERGY CO SR UNSECURED 06/25 1.05 | | | 272 |
23
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| EBAY INC SR UNSECURED 11/25 5.9 | | $ | 204 |
| | |
| ELEVANCE HEALTH INC SR UNSECURED 10/25 5.35 | | | 304 |
| | |
| ENERGY TRANSFER LP SR UNSECURED 02/23 3.6 | | | 200 |
| | |
| ENTERGY ARKANSAS LLC 1ST MORTGAGE 06/51 2.65 | | | 122 |
| | |
| EQUINIX INC SR UNSECURED 05/31 2.5 | | | 161 |
| | |
| EURO CURRENCY | | | 77 |
| | |
| EVERSOURCE ENERGY SR UNSECURED 08/25 0.8 | | | 359 |
| | |
| EXTRA SPACE STORAGE LP COMPANY GUAR 06/31 2.55 | | | 314 |
| | |
| FANNIE MAE FNR 2004 10 ZB | | | 32 |
| | |
| FANNIE MAE FNR 2011 86 NF | | | 43 |
| | |
| FANNIE MAE FNR 2012 55 PC | | | 463 |
| | |
| FANNIE MAE FNR 2013 36 JI | | | 15 |
| | |
| FANNIE MAE FNR 2015 38 DF | | | 38 |
| | |
| FANNIE MAE FNR 2015 87 BF | | | 59 |
| | |
| FANNIE MAE FNR 2019 28 FJ | | | 161 |
| | |
| FANNIE MAE FNR 2022 42 FA | | | 186 |
| | |
| FED HM LN PC POOL SD8227 FR 07/52 FIXED 4 | | | 912 |
| | |
| FED HM LN PC POOL ZA6393 FR 03/49 FIXED 4 | | | 14 |
| | |
| FHLMC MULTIFAMILY STRUCTURED P FHMS KF68 A | | | 137 |
| | |
| FIDELITY NATL INFO SERV SR UNSECURED 03/28 1.65 | | | 250 |
| | |
| FIFTH THIRD BANCORP SR UNSECURED 10/28 VAR | | | 206 |
| | |
| FIFTH THIRD BANK SR UNSECURED 10/25 VAR | | | 253 |
| | |
| FLORIDA ST BRD OF ADMIN FIN CO FLSGEN 07/27 FIXED 1.705 | | | 174 |
| | |
| FMC CORP SR UNSECURED 10/26 3.2 | | | 186 |
| | |
| FNMA POOL 725236 FN 03/34 FIXED VAR | | | 3 |
| | |
| FNMA POOL 888638 FN 09/37 FIXED VAR | | | 68 |
| | |
| FNMA POOL 894948 FN 08/36 FIXED 6 | | | 3 |
| | |
| FNMA POOL 995279 FN 12/38 FIXED VAR | | | 4 |
| | |
| FNMA POOL AE0515 FN 04/40 FIXED VAR | | | 4 |
| | |
| FNMA POOL AH8434 FN 04/41 FIXED 5 | | | 6 |
| | |
| FNMA POOL AL5853 FN 05/44 FIXED VAR | | | 128 |
| | |
| FNMA POOL AL8946 FN 08/46 FIXED VAR | | | 626 |
| | |
| FNMA POOL AW3558 FN 05/29 FIXED 3 | | | 65 |
| | |
| FNMA POOL BK2012 FN 04/48 FIXED 4 | | | 827 |
| | |
| FNMA POOL BM2003 FN 10/47 FIXED VAR | | | 14 |
| | |
| FNMA POOL CA3674 FN 06/49 FIXED 4 | | | 28 |
| | |
| FNMA POOL FM1107 FN 06/49 FIXED VAR | | | 20 |
| | |
| FNMA POOL MA3036 FN 06/32 FIXED 3.5 | | | 438 |
| | |
| FNMA POOL MA3125 FN 09/32 FIXED 3 | | | 501 |
| | |
| FNMA POOL MA4700 FN 08/52 FIXED 4 | | | 551 |
| | | | FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE | | | (652) |
| | | | FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE | | | 6,046 |
| | | | FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE | | | 7,739 |
| | | | FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE | | | 11,831 |
24
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE | | $ | 3,380 |
| | |
| FREDDIE MAC SLST SLST 2019 3 A1C | | | 297 |
| | |
| FREDDIE MAC FHR 2882 ZC | | | 6 |
| | |
| FREDDIE MAC FHR 4313 FM | | | 434 |
| | |
| FREDDIE MAC FHR 4790 F | | | 127 |
| | |
| FREDDIE MAC FHR 4935 KP | | | 528 |
| | |
| FREDDIE MAC FHR 4948 E | | | 38 |
| | |
| FREDDIE MAC FHR 5092 XA | | | 55 |
| | |
| FREDDIE MAC FHR 5115 CD | | | 116 |
| | |
| FREDDIE MAC FHR 5115 EM | | | 425 |
| | |
| FREDDIE MAC NOTES 08/25 0.68 | | | 362 |
| | |
| FREDDIE MAC NOTES 10/26 0.8 | | | 960 |
| | |
| FREDDIE MAC WHOLE LOAN SECURIT FWLS 2017 SC01 2A | | | 168 |
| | |
| FS KKR CAPITAL CORP SR UNSECURED 10/24 1.65 | | | 271 |
| | |
| GENERAL MOTORS FINL CO COMPANY GUAR 01/23 VAR | | | 100 |
| | |
| GLOBAL PAYMENTS INC SR UNSECURED 02/25 2.65 | | | 188 |
| | |
| GLOBAL PAYMENTS INC SR UNSECURED 08/29 3.2 | | | 426 |
| | |
| GNMA II POOL MA5264 G2 06/48 FIXED 4 | | | 24 |
| | |
| GNMA II TBA 30 YR 2.5 JUMBOS | | | 521 |
| | |
| GOLDMAN SACH AND CO TBA CASH COLLATERAL | | | (620) |
| | |
| GOLDMAN SACHS GROUP INC SR UNSECURED 03/27 VAR | | | 614 |
| | |
| GOLDMAN SACHS GROUP INC SR UNSECURED 04/32 VAR | | | 80 |
| | |
| GOLDMAN SACHS GROUP INC SR UNSECURED 07/32 VAR | | | 156 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H16 FM | | | 177 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FB | | | 94 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FC | | | 302 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FC | | | 238 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H29 FA | | | 1 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H11 F | | | 147 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H09 FB | | | 201 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2019 31 GF | | | 162 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2019 33 F | | | 105 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2020 5 JF | | | 117 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H22 EF | | | 289 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H25 FA | | | 303 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H26 DF | | | 100 |
| | |
| HEALTHCARE RLTY HLDGS LP COMPANY GUAR 03/31 2.05 | | | 73 |
| | |
| HEALTHPEAK OP LLC COMPANY GUAR 07/26 3.25 | | | 189 |
| | |
| HOST HOTELS + RESORTS LP SR UNSECURED 06/25 4 | | | 192 |
| | |
| HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR | | | 233 |
| | | | HSBC HOLDINGS PLC SR UNSECURED 03/25 VAR | | | 297 |
| | | | HSBC HOLDINGS PLC SR UNSECURED 05/27 VAR | | | 259 |
| | | | HSBC HOLDINGS PLC SR UNSECURED 09/28 VAR | | | 419 |
| | | | HSBC HOLDINGS PLC SR UNSECURED 11/25 VAR | | | 188 |
25
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| ILLUMINA INC SR UNSECURED 12/25 5.8 | | $ | 202 |
| | |
| INDYMAC INDA MORTGAGE LOAN TRU INDA 2005 AR1 3A1 | | | 66 |
| | |
| ING GROEP NV JR SUBORDINA 12/99 VAR | | | 206 |
| | |
| ING GROEP NV SR UNSECURED 04/27 VAR | | | 265 |
| | |
| INTEGRIS BAPTIST MEDICAL SR SECURED 08/50 3.875 | | | 73 |
| | |
| INTERCONTINENTALEXCHANGE SR UNSECURED 09/40 2.65 | | | 417 |
| | |
| JAPANESE YEN | | | (91) |
| | |
| JP MORGAN CHASE COMMERCIAL MOR JPMCC 2016 JP4 A4 | | | 93 |
| | |
| JP MORGAN MORTGAGE TRUST JPMMT 2005 A5 2A2 | | | 137 |
| | |
| JP MORGAN SEC INC TBA CASH COLLATERAL | | | 280 |
| | |
| JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2016 C2 A4 | | | 93 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 04/32 VAR | | | 563 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 06/29 VAR | | | 84 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 07/25 3.9 | | | 293 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 12/25 VAR | | | 484 |
| | |
| LLOYDS BANKING GROUP PLC SR UNSECURED 08/33 VAR | | | 368 |
| | |
| LLOYDS BANKING GROUP PLC SR UNSECURED REGS 01/26 VAR | | | 222 |
| | |
| LOS ANGELES CA CMNTY CLG DIST LOSHGR 08/32 FIXED 2.106 | | | 320 |
| | |
| MARYLAND ST HLTH HGR EDUCTNL MDSMED 07/40 FIXED 3.052 | | | 285 |
| | |
| MERRILL LYNCH MORTGAGE INVESTO MLMI 2003 A2 2A2 | | | 9 |
| | |
| MICRON TECHNOLOGY INC SR UNSECURED 02/30 4.663 | | | 182 |
| | |
| MITSUBISHI UFJ FIN GRP SR UNSECURED 07/32 VAR | | | 618 |
| | |
| MIZUHO FINANCIAL GROUP SR UNSECURED 05/27 VAR | | | 260 |
| | |
| MIZUHO FINANCIAL GROUP SR UNSECURED 07/31 VAR | | | 157 |
| | |
| MLCC MORTGAGE INVESTORS INC MLCC 2004 G A1 | | | 12 |
| | |
| MORGAN STANLEY BAML TRUST MSBAM 2015 C24 A4 | | | 190 |
| | |
| MORGAN STANLEY CAP SVCS COC SWAP CASH COLLATERAL USD | | | 580 |
| | |
| MORGAN STANLEY CAPITAL I TRUST MSC 2017 HR2 A4 | | | 92 |
| | |
| MORGAN STANLEY CAPITAL INC MSAC 2004 WMC2 M1 | | | 86 |
| | |
| MORGAN STANLEY CAPITAL INC MSAC 2006 NC2 A2D | | | 100 |
| | |
| MORGAN STANLEY SR UNSECURED 01/52 VAR | | | 248 |
| | |
| MORGAN STANLEY SR UNSECURED 05/27 VAR | | | 176 |
| | |
| MORGAN STANLEY SR UNSECURED 07/32 VAR | | | 230 |
| | |
| MPT OPER PARTNERSP/FINL COMPANY GUAR 03/26 2.5 | | | 95 |
| | |
| MPT OPER PARTNERSP/FINL COMPANY GUAR 03/31 3.5 | | | 69 |
| | |
| MPT OPER PARTNERSP/FINL COMPANY GUAR 10/26 0.993 | | | 324 |
| | |
| MULTICARE HEALTH SYSTEM UNSECURED 08/50 2.803 | | | 119 |
| | |
| MYLAN INC COMPANY GUAR 11/23 4.2 | | | 99 |
| | |
| NATIONAL BK HUNGARY BILL BILLS 01/23 0.00000 | | | 322 |
| | |
| NATIONAL FUEL GAS CO SR UNSECURED 03/31 2.95 | | | 393 |
| | | | NATWEST GROUP PLC JR SUBORDINA 12/99 VAR | | | 185 |
| | | | NATWEST GROUP PLC SR UNSECURED 03/25 VAR | | | 196 |
| | | | NATWEST GROUP PLC SR UNSECURED 06/24 VAR | | | 495 |
| | | | NEW ISRAELI SHEQEL | | | 1 |
26
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| NEWGATE FUNDING PLC NGATE 2006 3X A3A REGS | | $ | 151 |
| | |
| NEXTERA ENERGY CAPITAL COMPANY GUAR 03/23 VAR | | | 200 |
| | |
| NEXTERA ENERGY CAPITAL COMPANY GUAR 06/30 2.25 | | | 413 |
| | |
| NOMURA HOLDINGS INC SR UNSECURED 01/25 2.648 | | | 189 |
| | |
| NOMURA HOLDINGS INC SR UNSECURED 07/25 1.851 | | | 182 |
| | |
| NORTHROP GRUMMAN CORP SR UNSECURED 01/25 2.93 | | | 288 |
| | |
| ORACLE CORP SR UNSECURED 09/23 2.4 | | | 98 |
| | |
| OWENS CORNING SR UNSECURED 12/24 4.2 | | | 246 |
| | |
| PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/25 3.5 | | | 94 |
| | |
| PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/30 4.55 | | | 91 |
| | |
| PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/47 3.95 | | | 136 |
| | |
| PHILIP MORRIS INTL INC SR UNSECURED 11/27 5.125 | | | 202 |
| | |
| PIEDMONT HEALTHCARE INC SECURED 01/42 2.719 | | | 69 |
| | |
| PIMCO FDS SHORT TERM FLTG NAV MUTUAL FUND | | | 21,863 |
| | |
| PLAINS ALL AMER PIPELINE SR UNSECURED 11/24 3.6 | | | 290 |
| | |
| POLISH ZLOTY | | | 1 |
| | |
| POUND STERLING | | | (127) |
| | |
| QUANTA SERVICES INC SR UNSECURED 10/30 2.9 | | | 82 |
| | |
| REPUBLIC OF CHILE SR UNSECURED 01/27 2.75 | | | 184 |
| | |
| REPUBLIC SVCS INC | | | 249 |
| | |
| RMAC SECURITIES PLC RMACS 2006 NS4X A3A REGS | | | 165 |
| | |
| RXG3C 146 FEB23 146 CALL FSO | | | 2 |
| | |
| RXG3P 138.5 FEB23 138.5 PUT FSO | | | (10) |
| | |
| SAN FRANCISCO CITY CNTY CA C SFOCTF 11/41 FIXED 6.487 | | | 1,671 |
| | |
| SANTANDER UK GROUP HLDGS SR UNSECURED 03/25 VAR | | | 374 |
| | |
| SANTANDER UK GROUP HLDGS SR UNSECURED 06/27 VAR | | | 341 |
| | |
| SANTANDER UK GROUP HLDGS SR UNSECURED 08/26 VAR | | | 353 |
| | |
| SEAGATE HDD CAYMAN COMPANY GUAR 06/27 4.875 | | | 93 |
| | |
| SEMPRA ENERGY SR UNSECURED 04/25 3.3 | | | 576 |
| | |
| SERVICENOW INC SR UNSECURED 09/30 1.4 | | | 230 |
| | |
| SKYWORKS SOLUTIONS INC SR UNSECURED 06/23 0.9 | | | 392 |
| | |
| SLC STUDENT LOAN TRUST SLCLT 2010 1 A | | | 20 |
| | |
| SOUTHERN CO GAS CAPITAL COMPANY GUAR 01/31 1.75 | | | 77 |
| | |
| SPIRIT AEROSYSTEMS INC SR SECURED 06/26 3.85 | | | 272 |
| | |
| STORE CAPITAL CORP SR UNSECURED 11/30 2.75 | | | 231 |
| | |
| STRUCTURED ADJUSTABLE RATE MOR SARM 2004 12 9A | | | 61 |
| | |
| STRUCTURED ADJUSTABLE RATE MOR SARM 2005 2 A2 | | | 22 |
| | |
| STRUCTURED ASSET SECURITIES CO SASC 2007 WF2 A1 | | | 4 |
| | |
| SUMITOMO MITSUI FINL GRP SR UNSECURED 01/27 2.174 | | | 356 |
| | |
| SUMITOMO MITSUI FINL GRP SR UNSECURED 07/30 2.13 | | | 396 |
| | | | SUMITOMO MITSUI FINL GRP SR UNSECURED 09/26 1.402 | | | 610 |
| | | | SWAP CCPC BANK OF AMERICA COC SWAP CASH COLLATERAL | | | 432 |
| | | | SWAP DEUTSCHE BANK COC SWAP CASH COLLATERAL USD | | | 630 |
| | | | SWAP JP MORGAN COC SWAP CASH COLLATERAL USD | | | 70 |
27
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
|
| Identity of Issuer, |
| |
| | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| SWPC0HFY0 CDS USD R F 1.00000 FIX SOVEREIGN | | $ | 3 |
| | |
| SWPC0HJ26 CDS USD R F 1.00000 1 CCPCORPORATE | | | 8 |
| | |
| SWPC0HQ93 CDS USD R F 1.00000 1 CCPCORPORATE | | | 2 |
| | |
| SWPC0HWO3 CDS USD R F 1.00000 1 CCPCORPORATE | | | (1) |
| | |
| SWPC0HXN4 CDS USD R F 1.00000 FIX CORPORATE | | | 8 |
| | |
| SWPC0I305 CDS USD R F 1.00000 1 CCPCORPORATE | | | 2 |
| | |
| SWPC0II09 CDS USD R F 1.00000 1 CCPCORPORATE | | | (3) |
| | |
| SWPC0JJ55 CDS EUR P V 03MEVENT 2 CCPCORPORATE | | | 40 |
| | |
| SWPC0JJ55 CDS EUR R F 1.00000 1 CCPCORPORATE | | | (19) |
| | |
| SWPC0JYY5 CDS USD R F 1.00000 FIX CCPCORPORATE | | | 1 |
| | |
| SWPC0K0C7 CDS USD R F 1.00000 1 CCPCORPORATE | | | (3) |
| | |
| SWPC0KBE1 CDS USD R F 1.00000 1 CCPCORPORATE | | | (1) |
| | |
| SWPC0KR20 CDS USD R F 1.00000 FIX SOVEREIGN | | | (1) |
| | |
| SWPC0KRC8 CDS USD R F 1.00000 FIX SOVEREIGN | | | 3 |
| | |
| SWPC0LEP1 CDS USD R F 1.00000 FIX SOVEREIGN | | | 2 |
| | |
| SWPC0LEQ9 CDS USD R F 1.00000 FIX SOVEREIGN | | | 2 |
| | |
| SWPC1HH01 CDS USD R F 5.00000 FIX CDXTRANCHE | | | (8) |
| | |
| SWU016A36 IRS USD R F 1.25000 SWU016A36 CCPVANILLA | | | (81) |
| | |
| SWU017A59 IRS USD R F .50000 SWU017A59 CCPVANILLA | | | (191) |
| | |
| SWU017O05 IRS USD R F 1.58000 SWU017O05 CCPVANILLA | | | (34) |
| | |
| SWU01AP15 IRS BRL P V 00MBRCDI SWUV1AP17 CCPNDFPREDISWAP | | | 196 |
| | |
| SWU01AP15 IRS BRL R F 6.78875 SWU01AP15 CCPNDFPREDISWAP | | | (193) |
| | |
| SWU01D1T4 IRS USD R F 1.81750 SWU01D1T4 CCPVANILLA | | | (61) |
| | |
| SWU01D503 IRS USD R F 1.79000 SWU01D503 CCPVANILLA | | | (62) |
| | |
| SWU01DCV7 IRS USD R F 1.23500 SWU01DCV7 CCPVANILLA | | | (82) |
| | |
| SWU01FJD5 IRS USD R F 1.60500 SWU01FJD5 CCPVANILLA | | | (25) |
| | |
| SWU01FJE3 IRS USD R F 1.83250 SWU01FJE3 CCPVANILLA | | | (30) |
| | |
| SWU01FKX9 IRS USD R F 1.51800 SWU01FKX9 CCPVANILLA | | | (26) |
| | |
| SWU01FKY7 IRS USD R F 1.79500 SWU01FKY7 CCPVANILLA | | | (62) |
| | |
| SWU01FQ54 IRS USD R F 1.63000 SWU01FQ54 CCPVANILLA | | | (37) |
| | |
| SWU01GJ76 IRS GBP P V 12MSONIA SWUV1GJ78 CCPOIS | | | 16 |
| | |
| SWU01GJ76 IRS GBP R F 1.06000 SWU01GJ76 CCPOIS | | | (68) |
| | |
| SWU01GJ84 IRS GBP P V 12MSONIA SWUV1GJ86 CCPOIS | | | 16 |
| | |
| SWU01GJ84 IRS GBP R F 1.10100 SWU01GJ84 CCPOIS | | | (67) |
| | |
| SWU01GP20 IRS GBP P V 12MSONIA SWUV1GP22 CCPOIS | | | 14 |
| | |
| SWU01GP20 IRS GBP R F 1.17500 SWU01GP20 CCPOIS | | | (63) |
| | |
| SWU01H7M4 IRS USD R F 1.27000 SWU01H7M4 CCPVANILLA | | | (744) |
| | |
| SWU01LBB4 IRS USD R F 2.85000 SWU01LBB4 CCPOIS | | | (12) |
| | |
| SWU01LBC2 IRS USD R F 2.87000 SWU01LBC2 CCPOIS | | | (11) |
| | |
| SWU01LME6 IRS USD R F 2.84500 SWU01LME6 CCPOIS | | | (12) |
| | | | SWU01LNA3 IRS USD R F 2.71500 SWU01LNA3 CCPOIS | | | (9) |
| | | | SWU01LS00 IRS USD R F 2.86000 SWU01LS00 CCPOIS | | | (7) |
| | | | SWU01LTH2 IRS USD R F 3.10000 SWU01LTH2 CCPOIS | | | (8) |
| | | | SWU01NK53 IRS BRL P V 00MBRCDI SWUV1NK55 CCPNDFPREDISWAP | | | 1 |
28
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| SWU01NK53 IRS BRL R F 12.98000 SWU01NK53 CCPNDFPREDISWAP | | $ | 6 |
| | |
| SWU01NKF1 IRS BRL P V 00MBRCDI SWUV1NKF3 CCPNDFPREDISWAP | | | 1 |
| | |
| SWU01NKF1 IRS BRL R F 13.02400 SWU01NKF1 CCPNDFPREDISWAP | | | 3 |
| | |
| SWU01NKG9 IRS BRL P V 00MBRCDI SWUV1NKG1 CCPNDFPREDISWAP | | | 1 |
| | |
| SWU01NKG9 IRS BRL R F 12.99000 SWU01NKG9 CCPNDFPREDISWAP | | | 3 |
| | |
| SYNCHRONY FINANCIAL SR UNSECURED 03/29 5.15 | | | 190 |
| | |
| THOMSON REUTERS CORP SR UNSECURED 05/26 3.35 | | | 284 |
| | |
| THORNBURG MORTGAGE SECURITIES TMST 2006 5 A1 | | | 18 |
| | |
| TK ELEVATOR MIDCO GMBH SR SECURED REGS 07/27 4.375 | | | 94 |
| | |
| TOYOTA MOTOR CREDIT CORP SR UNSECURED 12/23 VAR | | | 200 |
| | |
| TP ICAP FINANCE PLC SR UNSECURED REGS 01/24 5.25 | | | 117 |
| | |
| TRIMBLE INC SR UNSECURED 06/28 4.9 | | | 384 |
| | |
| TSY INFL IX N/B 01/24 0.625 | | | 2,626 |
| | |
| TSY INFL IX N/B 02/49 1 | | | 99 |
| | |
| TSY INFL IX N/B 07/24 0.125 | | | 365 |
| | |
| TSY INFL IX N/B 07/31 0.125 | | | 295 |
| | |
| TSY INFL IX N/B 07/32 0.625 | | | 1,128 |
| | |
| UDR INC COMPANY GUAR 03/33 1.9 | | | 143 |
| | |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/27 FIXED 1.316 | | | 86 |
| | |
| UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/30 FIXED 1.614 | | | 159 |
| | |
| US 2YR NOTE (CBT) MAR23 XCBT 20230331 | | | (44) |
| | |
| US TREASURY N/B 02/26 0.5 | | | 178 |
| | |
| US TREASURY N/B 02/41 1.875 | | | 2,990 |
| | |
| US TREASURY N/B 02/42 2.375 | | | 46 |
| | |
| US TREASURY N/B 02/45 2.5 | | | 1,669 |
| | |
| US TREASURY N/B 02/52 2.25 | | | 46 |
| | |
| US TREASURY N/B 03/27 2.5 | | | 2,725 |
| | |
| US TREASURY N/B 05/29 2.75 | | | 2,328 |
| | |
| US TREASURY N/B 05/42 3.25 | | | 530 |
| | |
| US TREASURY N/B 05/43 2.875 | | | 164 |
| | |
| US TREASURY N/B 05/44 3.375 | | | 3,463 |
| | |
| US TREASURY N/B 05/49 2.875 | | | 239 |
| | |
| US TREASURY N/B 05/52 2.875 | | | 2,669 |
| | |
| US TREASURY N/B 08/25 3.125 | | | 3,401 |
| | |
| US TREASURY N/B 08/41 1.75 | | | 1,930 |
| | |
| US TREASURY N/B 08/42 3.375 | | | 189 |
| | |
| US TREASURY N/B 08/44 3.125 | | | 3,915 |
| | |
| US TREASURY N/B 11/40 1.375 | | | 1,561 |
| | |
| US TREASURY N/B 11/41 2 | | | 1,021 |
| | |
| US TREASURY N/B 11/42 2.75 | | | 1,049 |
| | | | US TREASURY N/B 11/44 3 | | | 748 |
| | | | US TREASURY N/B 12/24 1 | | | 937 |
| | | | UTAH ACQUISITION SUB COMPANY GUAR 06/26 3.95 | | | 187 |
| | | | VERIZON COMMUNICATIONS SR UNSECURED 05/25 VAR | | | 403 |
29
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| PIMCO |
| VODAFONE GROUP PLC JR SUBORDINA 06/81 VAR | | $ | 437 |
| | |
| WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR11 A1A | | | 7 |
| | |
| WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A21 | | | 66 |
| | |
| WASTE MANAGEMENT INC COMPANY GUAR 06/29 2 | | | 255 |
| | |
| WEC ENERGY GROUP INC SR UNSECURED 12/28 2.2 | | | 85 |
| | |
| WELLS FARGO + COMPANY SR UNSECURED 02/25 3 | | | 767 |
| | |
| WELLS FARGO COMMERCIAL MORTGAG WFCM 2015 C27 A5 | | | 286 |
| | |
| WELLS FARGO COMMERCIAL MORTGAG WFCM 2019 C49 A5 | | | 93 |
| | |
| WELLS FARGO COMMERCIAL MORTGAG WFCM 2020 C55 A5 | | | 85 |
| | |
| WESTINGHOUSE AIR BRAKE COMPANY GUAR 03/24 4.4 | | | 197 |
| | |
| WESTINGHOUSE AIR BRAKE COMPANY GUAR 11/26 3.45 | | | 187 |
| | |
| WPX ENERGY INC SR UNSECURED 01/30 4.5 | | | 61 |
| | |
| WYNN MACAU LTD SR UNSECURED REGS 01/26 5.5 | | | 550 |
| | |
| WYNN MACAU LTD SR UNSECURED REGS 08/28 5.625 | | | 171 |
| | |
| Total PIMCO | | | 145,338 |
| | |
| | | | |
| | Dodge & Cox |
| ABBVIE INC SR UNSECURED 11/29 3.2 | | | 272 |
| | |
| ANHEUSER BUSCH INBEV WOR COMPANY GUAR 01/39 5.45 | | | 150 |
| | |
| ANHEUSER BUSCH INBEV WOR COMPANY GUAR 01/49 5.55 | | | 225 |
| | |
| ANHEUSER BUSCH INBEV WOR COMPANY GUAR 06/50 4.5 | | | 155 |
| | |
| AT+T INC SR UNSECURED 02/39 6.55 | | | 530 |
| | |
| AT+T INC SR UNSECURED 02/47 5.65 | | | 194 |
| | |
| AT+T INC SR UNSECURED 03/48 4.5 | | | 184 |
| | |
| AT+T INC SR UNSECURED 05/46 4.75 | | | 128 |
| | |
| AT+T INC SR UNSECURED 09/40 5.35 | | | 168 |
| | |
| AT+T INC SR UNSECURED 09/59 3.65 | | | 84 |
| | |
| AT+T INC SR UNSECURED 12/57 3.8 | | | 243 |
| | |
| BANK OF AMERICA CORP SR UNSECURED 02/31 VAR | | | 102 |
| | |
| BANK OF AMERICA CORP SR UNSECURED 03/51 VAR | | | 99 |
| | |
| BANK OF AMERICA CORP SR UNSECURED 07/28 VAR | | | 562 |
| | |
| BANK OF AMERICA CORP SUBORDINATED 03/26 4.45 | | | 98 |
| | |
| BANK OF AMERICA CORP SUBORDINATED 03/37 VAR | | | 353 |
| | |
| BANK OF AMERICA CORP SUBORDINATED 08/24 4.2 | | | 478 |
| | |
| BANK OF NY MELLON CORP SR UNSECURED 10/33 VAR | | | 234 |
| | |
| BARCLAYS PLC SR UNSECURED 08/28 VAR | | | 194 |
| | |
| BARCLAYS PLC SUBORDINATED 05/26 5.2 | | | 195 |
| | |
| BARCLAYS PLC SUBORDINATED 05/28 4.836 | | | 185 |
| | |
| BARCLAYS PLC SUBORDINATED 09/24 4.375 | | | 391 |
| | |
| BAT CAPITAL CORP COMPANY GUAR 03/28 2.259 | | | 83 |
| | |
| BAT CAPITAL CORP COMPANY GUAR 03/31 2.726 | | | 196 |
| | | | BAT CAPITAL CORP COMPANY GUAR 03/32 4.742 | | | 645 |
| | | | BAT CAPITAL CORP COMPANY GUAR 03/52 5.65 | | | 83 |
| | | | BAT CAPITAL CORP COMPANY GUAR 08/37 4.39 | | | 156 |
| | | | BAT CAPITAL CORP COMPANY GUAR 09/40 3.734 | | | 34 |
30
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| Dodge & Cox |
| BNP PARIBAS COMPANY GUAR 10/24 4.25 | | $ | 1,590 |
| | |
| BOSTON PROPERTIES LP SR UNSECURED 01/31 3.25 | | | 249 |
| | | | BOSTON PROPERTIES LP SR UNSECURED 03/30 2.9 | | | 123 |
| | | | BOSTON PROPERTIES LP SR UNSECURED 09/23 3.125 | | | 345 |
| | | | CALIFORNIA ST CAS 03/40 FIXED 7.625 | | | 928 |
| | | | CALIFORNIA ST CAS 10/39 FIXED 7.3 | | | 213 |
| | | | CAPITAL ONE FINANCIAL CO SR UNSECURED 01/24 3.9 | | | 99 |
| | | | CAPITAL ONE FINANCIAL CO SR UNSECURED 03/26 VAR | | | 117 |
| | | | CAPITAL ONE FINANCIAL CO SR UNSECURED 05/28 VAR | | | 194 |
| | | | CAPITAL ONE FINANCIAL CO SR UNSECURED 05/33 VAR | | | 140 |
| | | | CAPITAL ONE FINANCIAL CO SUBORDINATED 07/26 3.75 | | | 188 |
| | | | CAPITAL ONE FINANCIAL CO SUBORDINATED 10/25 4.2 | | | 242 |
| | | | CCO HLDGS LLC/CAP CORP SR UNSECURED 05/32 4.5 | | | 558 |
| | | | CHARTER COMM OPT LLC/CAP SR SECURED 04/33 4.4 | | | 64 |
| | | | CHARTER COMM OPT LLC/CAP SR SECURED 04/48 5.75 | | | 103 |
| | | | CHARTER COMM OPT LLC/CAP SR SECURED 04/53 5.25 | | | 505 |
| | | | CHARTER COMM OPT LLC/CAP SR SECURED 07/25 4.908 | | | 147 |
| | | | CHARTER COMM OPT LLC/CAP SR SECURED 10/45 6.484 | | | 770 |
| | | | CIGNA GROUP/THE COMPANY GUAR 10/28 4.375 | | | 507 |
| | | | CITIGROUP CAPITAL XIII PREFERRED STOCK 10/40 VAR | | | 1,039 |
| | | | CITIGROUP INC SR UNSECURED 03/31 VAR | | | 322 |
| | | | CITIGROUP INC SR UNSECURED 03/33 VAR | | | 279 |
| | | | COCA COLA CO/THE SR UNSECURED 06/30 1.65 | | | 533 |
| | | | COMCAST CORP COMPANY GUAR 10/25 3.95 | | | 98 |
| | | | COMCAST CORP COMPANY GUAR 10/48 4.7 | | | 135 |
| | | | COX COMMUNICATIONS INC SR UNSECURED 08/28 6.8 | | | 1,401 |
| | | | CVS HEALTH CORP SR UNSECURED 03/28 4.3 | | | 123 |
| | |
| CVS HEALTH CORP SR UNSECURED 03/38 4.78 | | | 480 |
| | | | CVS HEALTH CORP SR UNSECURED 03/48 5.05 | | | 316 |
|
| |
| DOMINION ENERGY INC JR SUBORDINA 10/54 VAR | | | 445 |
| | |
| DOMINION ENERGY INC SR UNSECURED 04/26 1.45 | | | 134 |
| | | | DOW CHEMICAL CO/THE SR UNSECURED 05/39 9.4 | | | 192 |
| | | | DOW CHEMICAL CO/THE SR UNSECURED 11/29 7.375 | | | 140 |
| | | | ELANCO ANIMAL HEALTH INC SR UNSECURED 08/28 6.65 | | | 381 |
| | | | ELEVANCE HEALTH INC SR UNSECURED 05/30 2.25 | | | 125 |
| | | | EXXON MOBIL CORPORATION SR UNSECURED 03/40 4.227 | | | 248 |
| | | | EXXON MOBIL CORPORATION SR UNSECURED 10/30 2.61 | | | 175 |
| | | | FANNIE MAE FNR 2007 50 DZ | | | 56 |
| | | | FANNIE MAE FNR 2009 66 ET | | | 2 |
| | | | FANNIE MAE FNR 2013 106 MA | | | 65 |
| | | | FED HM LN PC POOL 1G2201 FH 09/37 FLOATING VAR | | | 37 |
| | | | FED HM LN PC POOL 849254 FH 01/42 FLOATING VAR | | | 13 |
| | | | FED HM LN PC POOL 849330 FH 05/44 FLOATING VAR | | | 60 |
| | | | FED HM LN PC POOL 849505 FH 10/44 FLOATING VAR | | | 397 |
31
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
| | Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | (in thousands) | |
|
| Dodge & Cox |
| FED HM LN PC POOL 849536 FH 11/44 FLOATING VAR | | $ | 70 |
| | |
| FED HM LN PC POOL G01976 FG 12/33 FIXED 6 | | | 33 |
| | |
| FED HM LN PC POOL G07338 FG 10/38 FIXED 6 | | | 24 |
| | |
| FED HM LN PC POOL G07480 FG 05/39 FIXED 6 | | | 142 |
| | |
| FED HM LN PC POOL G07598 FG 11/43 FIXED 4.5 | | | 44 |
| | |
| FED HM LN PC POOL G07857 FG 04/40 FIXED 4.5 | | | 351 |
| | |
| FED HM LN PC POOL G13824 FG 12/24 FIXED 5.5 | | | 9 |
| | |
| FED HM LN PC POOL G30689 FG 07/32 FIXED 4.5 | | | 526 |
| | |
| FED HM LN PC POOL G60034 FG 02/45 FIXED 4.5 | | | 41 |
| | |
| FED HM LN PC POOL G60153 FG 10/44 FIXED 4.5 | | | 65 |
| | |
| FED HM LN PC POOL G60384 FG 12/45 FIXED 4.5 | | | 94 |
| | |
| FED HM LN PC POOL G60920 FG 04/46 FIXED 4.5 | | | 104 |
| | |
| FED HM LN PC POOL G61060 FG 06/47 FIXED 4.5 | | | 423 |
| | |
| FED HM LN PC POOL Q02552 FG 08/41 FIXED 4.5 | | | 21 |
| | |
| FED HM LN PC POOL Q03086 FG 09/41 FIXED 4.5 | | | 44 |
| | |
| FED HM LN PC POOL Q48237 FG 05/47 FIXED 4.5 | | | 176 |
| | |
| FED HM LN PC POOL RA2958 FR 07/50 FIXED 2 | | | 608 |
| | |
| FED HM LN PC POOL RA3053 FR 07/50 FIXED 2 | | | 376 |
| | |
| FED HM LN PC POOL RA3167 FR 07/50 FIXED 2 | | | 1,823 |
| | |
| FED HM LN PC POOL RA3202 FR 07/50 FIXED 2.5 | | | 1,655 |
| | |
| FED HM LN PC POOL RA4119 FR 12/50 FIXED 2 | | | 1,394 |
| | |
| FED HM LN PC POOL RA6337 FR 11/51 FIXED 2.5 | | | 944 |
| | |
| FED HM LN PC POOL RA7127 FR 04/52 FIXED 3.5 | | | 3,261 |
| | |
| FED HM LN PC POOL SD1581 FR 09/52 FIXED 2.5 | | | 2,617 |
| | |
| FED HM LN PC POOL SD7530 FR 11/50 FIXED 2.5 | | | 607 |
| | |
| FED HM LN PC POOL V83108 FG 03/47 FIXED 4.5 | | | 230 |
| | |
| FEDEX CORP COMPANY GUAR 05/50 5.25 | | | 298 |
| | |
| FNMA POOL 704235 FN 05/33 FIXED 5.5 | | | 19 |
| | |
| FNMA POOL 725229 FN 03/34 FIXED VAR | | | 32 |
| | |
| FNMA POOL 735503 FN 04/35 FIXED VAR | | | 1 |
| | |
| FNMA POOL 888560 FN 11/35 FIXED VAR | | | 30 |
| | |
| FNMA POOL 889072 FN 12/37 FIXED VAR | | | 94 |
| | |
| FNMA POOL 889984 FN 10/38 FIXED VAR | | | 85 |
| | |
| FNMA POOL 965097 FN 09/38 FLOATING VAR | | | 23 |
| | |
| FNMA POOL 976853 FN 11/29 FIXED 5.5 | | | 26 |
| | |
| FNMA POOL 995006 FN 10/38 FLOATING VAR | | | 8 |
| | |
| FNMA POOL 995051 FN 03/37 FIXED VAR | | | 24 |
| | |
| FNMA POOL AB1763 FN 11/30 FIXED 4 | | | 16 |
| | |
| FNMA POOL AD0198 FN 09/38 FIXED VAR | | | 25 |
| | |
| FNMA POOL AD0244 FN 10/24 FIXED VAR | | | 39 |
| | | | FNMA POOL AL1845 FN 06/39 FLOATING VAR | | | 10 |
| | | | FNMA POOL AL6240 FN 12/44 FLOATING VAR | | | 220 |
| | | | FNMA POOL AL6377 FN 01/45 FLOATING VAR | | | 42 |
| | | | FNMA POOL AL6872 FN 05/45 FLOATING VAR | | | 85 |
32
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
| | Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | (in thousands) | |
|
| Dodge & Cox |
| FNMA POOL AL7147 FN 02/45 FIXED VAR | | $ | 43 |
| | |
| FNMA POOL AL7205 FN 12/29 FIXED VAR | | | 43 |
| | |
| FNMA POOL AL7384 FN 09/45 FIXED VAR | | | 86 |
| | |
| FNMA POOL AL8816 FN 09/45 FIXED VAR | | | 131 |
| | |
| FNMA POOL AL8830 FN 10/34 FIXED VAR | | | 242 |
| | |
| FNMA POOL AL9096 FN 10/42 FIXED VAR | | | 179 |
| | |
| FNMA POOL AL9407 FN 09/42 FIXED VAR | | | 50 |
| | |
| FNMA POOL AL9781 FN 02/46 FIXED VAR | | | 163 |
| | |
| FNMA POOL AW4688 FN 05/44 FLOATING VAR | | | 10 |
| | |
| FNMA POOL BF0045 FN 03/52 FIXED 4.5 | | | 155 |
| | |
| FNMA POOL BH5372 FN 08/47 FIXED 4 | | | 200 |
| | |
| FNMA POOL BK5257 FN 05/48 FIXED 4 | | | 274 |
| | |
| FNMA POOL BM1357 FN 01/43 FIXED VAR | | | 199 |
| | |
| FNMA POOL BM6149 FN 10/49 FLOATING VAR | | | 413 |
| | |
| FNMA POOL BN3064 FN 02/49 FLOATING VAR | | | 41 |
| | |
| FNMA POOL CA2643 FN 11/48 FIXED 4.5 | | | 79 |
| | |
| FNMA POOL CA2804 FN 12/48 FIXED 4.5 | | | 75 |
| | |
| FNMA POOL CA6247 FN 07/50 FIXED 2.5 | | | 1,295 |
| | |
| FNMA POOL CA6398 FN 07/50 FIXED 2.5 | | | 716 |
| | |
| FNMA POOL CA6902 FN 09/50 FIXED 2 | | | 1,741 |
| | |
| FNMA POOL CA7241 FN 10/50 FIXED 2.5 | | | 1,993 |
| | |
| FNMA POOL CA8473 FN 01/51 FIXED 2 | | | 838 |
| | |
| FNMA POOL CB3332 FN 04/52 FIXED 3.5 | | | 3,135 |
| | |
| FNMA POOL CB3841 FN 06/52 FIXED 3.5 | | | 1,494 |
| | |
| FNMA POOL FM4714 FN 10/50 FIXED VAR | | | 1,916 |
| | |
| FNMA POOL FS1453 FN 04/52 FIXED VAR | | | 3,031 |
| | |
| FNMA POOL FS2143 FN 06/52 FIXED VAR | | | 3,448 |
| | |
| FNMA POOL FS3502 FN 09/52 FIXED VAR | | | 1,292 |
| | |
| FNMA POOL MA0792 FN 07/31 FIXED 4.5 | | | 146 |
| | |
| FNMA POOL MA2508 FN 01/36 FIXED 4 | | | 88 |
| | |
| FNMA POOL MA3617 FN 03/49 FIXED 5 | | | 46 |
| | |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 01/24 3.81 | | | 413 |
| | |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 08/23 4.375 | | | 198 |
| | |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 08/26 2.7 | | | 478 |
| | |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 08/26 4.542 | | | 299 |
| | |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 11/24 4.063 | | | 192 |
| | |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 11/25 3.375 | | | 249 |
| | |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 11/27 7.35 | | | 205 |
| | |
| FREDDIE MAC SCRT SCRT 2017 4 M45T | | | 196 |
| | |
| FREDDIE MAC FHR 2957 VZ | | | 125 |
| | | | FREDDIE MAC FHR 4283 EW | | | 185 |
| | | | FREDDIE MAC REFERENCE REMIC FHRR R008 ZA | | | 33 |
| | | | GOLDMAN SACHS GROUP INC SR UNSECURED 03/28 VAR | | | 1,000 |
| | | | GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H22 FH | | | 875 |
33
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
| | Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | (in thousands) | |
|
| Dodge & Cox |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2018 H01 FE | | $ | 723 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2018 H08 FB | | | 299 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2019 H15 JF | | | 602 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2020 H01 FV | | | 1,516 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2021 H19 FM | | | 671 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H09 FA | | | 661 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H09 FC | | | 1,345 |
| | |
| GOVERNMENT NATIONAL MORTGAGE A GNR 2022 H11 EF | | | 305 |
| | |
| HCA INC COMPANY GUAR 06/29 4.125 | | | 366 |
| | |
| HCA INC COMPANY GUAR 06/39 5.125 | | | 135 |
| | |
| HCA INC COMPANY GUAR 06/47 5.5 | | | 156 |
| | |
| HCA INC COMPANY GUAR 06/49 5.25 | | | 64 |
| | |
| HOME DEPOT INC SR UNSECURED 04/30 2.7 | | | 44 |
| | |
| HOME DEPOT INC SR UNSECURED 04/40 3.3 | | | 40 |
| | |
| HOME DEPOT INC SR UNSECURED 04/50 3.35 | | | 37 |
| | |
| HSBC HOLDINGS PLC SR UNSECURED 03/26 4.3 | | | 194 |
| | |
| HSBC HOLDINGS PLC SR UNSECURED 03/30 4.95 | | | 191 |
| | |
| HSBC HOLDINGS PLC SR UNSECURED 05/24 VAR | | | 446 |
| | |
| HSBC HOLDINGS PLC SR UNSECURED 05/25 VAR | | | 185 |
| | |
| HSBC HOLDINGS PLC SR UNSECURED 06/31 VAR | | | 160 |
| | |
| HSBC HOLDINGS PLC SR UNSECURED 08/31 VAR | | | 153 |
| | |
| HSBC HOLDINGS PLC SUBORDINATED 03/33 VAR | | | 174 |
| | |
| HSBC HOLDINGS PLC SUBORDINATED 05/36 6.5 | | | 304 |
| | |
| HSBC HOLDINGS PLC SUBORDINATED 09/37 6.5 | | | 589 |
| | |
| HSBC HOLDINGS PLC SUBORDINATED 11/33 VAR | | | 318 |
| | |
| ILLINOIS ST ILS 06/33 FIXED 5.1 | | | 624 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 03/31 VAR | | | 211 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 04/31 VAR | | | 103 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 04/51 VAR | | | 182 |
| | |
| JPMORGAN CHASE + CO SR UNSECURED 07/24 VAR | | | 446 |
| | |
| JPMORGAN CHASE + CO SUBORDINATED 05/23 3.375 | | | 498 |
| | |
| JPMORGAN CHASE + CO SUBORDINATED 05/31 VAR | | | 289 |
| | |
| JPMORGAN CHASE + CO SUBORDINATED 09/33 VAR | | | 364 |
| | |
| KINDER MORGAN ENER PART COMPANY GUAR 03/44 5.5 | | | 523 |
| | |
| KINDER MORGAN ENER PART COMPANY GUAR 09/44 5.4 | | | 294 |
| | |
| KINDER MORGAN INC COMPANY GUAR 02/46 5.05 | | | 193 |
| | |
| KINDER MORGAN INC COMPANY GUAR 03/48 5.2 | | | 196 |
| | |
| LLOYDS BANKING GROUP PLC SR UNSECURED 08/23 4.05 | | | 248 |
| | |
| LLOYDS BANKING GROUP PLC SUBORDINATED 03/26 4.65 | | | 192 |
| | |
| LLOYDS BANKING GROUP PLC SUBORDINATED 11/24 4.5 | | | 463 |
| | | | LLOYDS BANKING GROUP PLC SUBORDINATED 11/33 VAR | | | 292 |
| | | | LYB INT FINANCE III COMPANY GUAR 04/51 3.625 | | | 118 |
| | | | LYB INT FINANCE III COMPANY GUAR 05/50 4.2 | | | 37 |
| | | | LYB INT FINANCE III COMPANY GUAR 10/30 2.25 | | | 40 |
34
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
| | Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | (in thousands) | |
|
| Dodge & Cox |
| NATWEST GROUP PLC SR UNSECURED 06/27 VAR | | $ | 303 |
| | |
| NATWEST GROUP PLC SUBORDINATED 12/23 6 | | | 803 |
| | |
| NEW JERSEY ST TURNPIKE AUTH TU NJSTRN 01/40 FIXED 7.414 | | | 93 |
| | |
| NEW JERSEY ST TURNPIKE AUTH TU NJSTRN 01/41 FIXED 7.102 | | | 392 |
| | |
| NEXTERA ENERGY CAPITAL COMPANY GUAR 07/27 4.625 | | | 295 |
| | |
| NEXTERA ENERGY CAPITAL COMPANY GUAR 09/24 4.255 | | | 173 |
| | |
| OCCIDENTAL PETROLEUM COR SR UNSECURED 08/24 2.9 | | | 480 |
| | |
| ORACLE CORP SR UNSECURED 03/51 3.95 | | | 161 |
| | |
| ORACLE CORP SR UNSECURED 04/30 2.95 | | | 214 |
| | |
| ORACLE CORP SR UNSECURED 11/52 6.9 | | | 162 |
| | |
| PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/31 5.6 | | | 570 |
| | |
| PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/44 7.25 | | | 192 |
| | |
| PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/49 6.9 | | | 157 |
| | |
| PETROBRAS GLOBAL FINANCE COMPANY GUAR 06/50 6.75 | | | 609 |
| | |
| PETROLEOS MEXICANOS COMPANY GUAR 01/45 6.375 | | | 77 |
| | |
| PETROLEOS MEXICANOS COMPANY GUAR 01/50 7.69 | | | 657 |
| | |
| PETROLEOS MEXICANOS COMPANY GUAR 03/27 6.5 | | | 1,004 |
| | |
| PETROLEOS MEXICANOS COMPANY GUAR 06/35 6.625 | | | 944 |
| | |
| PETROLEOS MEXICANOS COMPANY GUAR 09/47 6.75 | | | 80 |
| | |
| PHILIP MORRIS INTL INC SR UNSECURED 11/29 5.625 | | | 61 |
| | |
| PHILIP MORRIS INTL INC SR UNSECURED 11/32 5.75 | | | 72 |
| | |
| RELX CAPITAL INC COMPANY GUAR 03/29 4 | | | 232 |
| | |
| REPUBLIC OF COLOMBIA SR UNSECURED 02/44 5.625 | | | 147 |
| | |
| REPUBLIC OF COLOMBIA SR UNSECURED 06/45 5 | | | 170 |
| | |
| SLM STUDENT LOAN TRUST SLMA 2005 3 A6 | | | 1,722 |
| | |
| SLM STUDENT LOAN TRUST SLMA 2007 6 A5 | | | 1,649 |
| | |
| SLM STUDENT LOAN TRUST SLMA 2014 2 A3 | | | 1,280 |
| | |
| SOUTHERN CO JR SUBORDINA 01/51 VAR | | | 592 |
| | |
| SOUTHERN CO JR SUBORDINA 08/24 VAR | | | 247 |
| | |
| SOUTHERN CO JR SUBORDINA 08/27 5.113 | | | 349 |
| | |
| SOUTHERN CO JR SUBORDINA 09/51 VAR | | | 303 |
| | |
| STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | | 4,960 |
| | |
| T MOBILE USA INC COMPANY GUAR 02/31 2.55 | | | 123 |
| | |
| T MOBILE USA INC COMPANY GUAR 04/29 3.375 | | | 616 |
| | |
| T MOBILE USA INC COMPANY GUAR 04/30 3.875 | | | 386 |
| | |
| T MOBILE USA INC COMPANY GUAR 04/50 4.5 | | | 247 |
| | |
| TELECOM ITALIA CAPITAL COMPANY GUAR 06/38 7.721 | | | 270 |
| | |
| TELECOM ITALIA CAPITAL COMPANY GUAR 07/36 7.2 | | | 183 |
| | |
| TIME WARNER CABLE LLC SR SECURED 05/37 6.55 | | | 239 |
| | |
| TIME WARNER CABLE LLC SR SECURED 06/39 6.75 | | | 545 |
| | | | TRANSCANADA TRUST COMPANY GUAR 03/77 VAR | | | 462 |
| | | | TRANSCANADA TRUST COMPANY GUAR 03/82 VAR | | | 128 |
| | | | TRANSCANADA TRUST COMPANY GUAR 05/75 VAR | | | 567 |
| | | | TRANSCANADA TRUST COMPANY GUAR 08/76 VAR | | | 261 |
35
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
| | Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | (in thousands) | |
|
| Dodge & Cox |
| TRANSCANADA TRUST COMPANY GUAR 09/79 VAR | | $ | 324 |
| | |
| UNION PACIFIC RR CO 07 3 PASS THRU CE 01/31 6.176 | | | 199 |
| | |
| UNITED PARCEL SERVICE SR UNSECURED 04/50 5.3 | | | 259 |
| | |
| UNITEDHEALTH GROUP INC SR UNSECURED 05/32 4.2 | | | 219 |
| | |
| UNITEDHEALTH GROUP INC SR UNSECURED 05/52 4.75 | | | 84 |
| | |
| UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/53 FIXED 4.563 | | | 175 |
| | |
| UNUM GROUP SR UNSECURED 12/28 6.75 | | | 235 |
| | |
| US TREASURY N/B 04/26 0.75 | | | 2,783 |
| | |
| US TREASURY N/B 04/29 2.875 | | | 19 |
| | |
| US TREASURY N/B 05/52 2.875 | | | 772 |
| | |
| US TREASURY N/B 06/23 0.125 | | | 1,315 |
| | | | US TREASURY N/B 06/26 0.875 | | | 1,688 |
| | | | US TREASURY N/B 08/42 3.375 | | | 842 |
| | | | US TREASURY N/B 08/52 3 | | | 1,089 |
| | | | US TREASURY N/B 09/26 0.875 | | | 307 |
| | | | US TREASURY N/B 11/27 3.875 | | | 657 |
| | | | US TREASURY N/B 11/29 3.875 | | | 1,006 |
| | | | US TREASURY N/B 11/41 2 | | | 1,057 |
| | |
| US TREASURY N/B 11/49 2.375 | | | 678 |
| | |
| US TREASURY N/B 12/25 0.375 | | | 206 |
| | |
| VERIZON COMMUNICATIONS SR UNSECURED 10/56 2.987 | | | 322 |
| | |
| VMWARE INC SR UNSECURED 08/23 0.6 | | | 146 |
| | |
| VMWARE INC SR UNSECURED 08/26 1.4 | | | 153 |
| | |
| VODAFONE GROUP PLC JR SUBORDINA 04/79 VAR | | | 550 |
| | |
| WALT DISNEY COMPANY/THE COMPANY GUAR 11/37 6.65 | | | 254 |
| | |
| WELLS FARGO + COMPANY SR UNSECURED 04/51 VAR | | | 421 |
| | |
| WELLS FARGO + COMPANY SR UNSECURED 07/33 VAR | | | 118 |
| | | | WELLS FARGO + COMPANY SUBORDINATED 06/26 4.1 | | | 194 |
| | | | WELLS FARGO + COMPANY SUBORDINATED 07/27 4.3 | | | 458 |
| | | | WILLIAMS COMPANIES INC SR UNSECURED 11/30 3.5 | | | 307 |
| | | | ZOETIS INC SR UNSECURED 11/25 4.5 | | | 298 |
| | |
| Total Dodge & Cox | | $ | 120,771 |
| | |
| | | | |
| | Jackson Square Partners |
| ASPEN TECHNOLOGY INC COMMON STOCK | | $ | 1,888 |
| | | | AZENTA INC COMMON STOCK USD.01 | | | 1,740 |
| | | | BIO TECHNE CORP COMMON STOCK USD.01 | | | 2,253 |
| | | | CHARLES RIVER LABORATORIES COMMON STOCK USD.01 | | | 2,643 |
| | | | COUPA SOFTWARE INC COMMON STOCK USD.0001 | | | 1,699 |
| | | | DOLBY LABORATORIES INC CL A COMMON STOCK USD.001 | | | 1,139 |
| | | | ELASTIC NV COMMON STOCK EUR.01 | | | 1,250 |
| | | | FMC CORP COMMON STOCK USD.1 | | | 1,610 |
| | | | GRACO INC COMMON STOCK USD1.0 | | | 2,195 |
| | | | GROCERY OUTLET HOLDING CORP COMMON STOCK USD.001 | | | 2,075 |
| | | | | | | |
36
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
| | Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | (in thousands) | |
|
| Jackson Square Partners |
| HOWMET AEROSPACE INC COMMON STOCK | | $ | 1,726 |
| | | | LATTICE SEMICONDUCTOR CORP COMMON STOCK USD.01 | | | 987 |
| | | | LENDINGCLUB CORP COMMON STOCK USD.01 | | | 922 |
| | | | LPL FINANCIAL HOLDINGS INC COMMON STOCK | | | 1,653 |
| | | | LYFT INC A COMMON STOCK USD.00001 | | | 588 |
| | | | MARKETAXESS HOLDINGS INC COMMON STOCK USD.003 | | | 1,663 |
| | | | NEW YORK TIMES CO A COMMON STOCK USD.1 | | | 3,201 |
| | | | OKTA INC COMMON STOCK | | | 820 |
| | | | PACIFIC BIOSCIENCES OF CALIF COMMON STOCK USD.0001 | | | 1,617 |
| | | | PAPA JOHN S INTL INC COMMON STOCK USD.01 | | | 1,799 |
| | | | PELOTON INTERACTIVE INC A COMMON STOCK USD.000025 | | | 550 |
| | | | SITEONE LANDSCAPE SUPPLY INC COMMON STOCK USD.01 | | | 1,486 |
| | | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | | 683 |
| | |
| TWIST BIOSCIENCE CORP COMMON STOCK USD.00001 | | | 447 |
| | |
| VIMEO INC COMMON STOCK USD.01 | | | 470 |
| | |
| WABTEC CORP COMMON STOCK USD.01 | | | 2,938 |
| | |
| WARNER MUSIC GROUP CORP CL A COMMON STOCK | | | 1,882 |
| | |
| WIX.COM LTD COMMON STOCK ILS.01 | | | 2,043 |
| | |
| WYNDHAM HOTELS + RESORTS INC COMMON STOCK USD.01 | | | 1,356 |
| | |
| Total Jackson Square Partners | | $ | 45,323 |
| | |
| | | | |
| | Next Century |
| STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | $ | 105 |
| | | | Total Next Century | | $ | 105 |
| | | | | | | |
| | AJO Partners | | AARON S CO INC/THE COMMON STOCK USD.5 | | $ | 11 |
| | | | CTO REALTY GROWTH INC REIT USD.01 | | | 42 |
| | | | GAMING AND LEISURE PROPERTIE REIT | | | 4 |
| | | | STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | | 31 |
| | | | Total AJO Partners | | $ | 88 |
| | | | | | | |
| | Westwood |
| STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | $ | 105 |
| | |
| Total Westwood | | $ | 105 |
| | | | | | | |
| | T. Rowe Price | | ABBVIE INC COMMON STOCK USD.01 | | $ | 3,308 |
| | | | ALPHABET INC CL C COMMON STOCK USD.001 | | | 1,247 |
| | | | AMEREN CORPORATION COMMON STOCK USD.01 | | | 2,635 |
| | | | AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5 | | | 5,078 |
| | | | APPLIED MATERIALS INC COMMON STOCK USD.01 | | | 657 |
| | | | AVALONBAY COMMUNITIES INC REIT USD.01 | | | 5,090 |
| | | | BANK OF AMERICA CORP COMMON STOCK USD.01 | | | 3,999 |
| | | | BECTON DICKINSON + CO PREFERRED STOCK 06/23 6 | | | 490 |
37
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) | | (b) | | (c) | | (e) | |
| | Identity of Issuer, | | | | | |
| | Borrower, Lessor, or | | | | Current Value | |
| | Similar Party | | Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value | | (in thousands) | |
|
| T. Rowe Price | | BECTON DICKINSON AND CO COMMON STOCK USD1.0 | | $ | 5,008 |
| | | | BEST BUY CO INC COMMON STOCK USD.1 | | | 2,345 |
| | | | BRISTOL MYERS SQUIBB CO COMMON STOCK USD.1 | | | 1,831 |
| | | | CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01 | | | 1,726 |
| | | | CHUBB LTD COMMON STOCK | | | 5,824 |
| | | | CISCO SYSTEMS INC COMMON STOCK USD.001 | | | 1,397 |
| | | | CITIGROUP INC COMMON STOCK USD.01 | | | 2,087 |
| | | | COCA COLA CO/THE COMMON STOCK USD.25 | | | 1,953 |
| | | | COMCAST CORP CLASS A COMMON STOCK USD.01 | | | 1,634 |
| | | | CONAGRA BRANDS INC COMMON STOCK USD5.0 | | | 4,517 |
| | | | CONOCOPHILLIPS COMMON STOCK USD.01 | | | 3,822 |
| | | | CUMMINS INC COMMON STOCK USD2.5 | | | 3,788 |
| | | | CVS HEALTH CORP COMMON STOCK USD.01 | | | 1,941 |
| | | | DOMINION ENERGY INC COMMON STOCK | | | 2,499 |
| | |
| ELANCO ANIMAL HEALTH INC COMMON STOCK | | | 1,434 |
| | | | ELANCO ANIMAL HEALTH INC PREFERRED STOCK 02/23 5 | | | 25 |
| | | | ELEVANCE HEALTH INC COMMON STOCK USD.01 | | | 4,783 |
| | |
| ENTERGY CORP COMMON STOCK USD.01 | | | 951 |
| | |
| EQUINIX INC REIT USD.001 | | | 2,205 |
| | |
| EQUITABLE HOLDINGS INC COMMON STOCK USD.01 | | | 3,084 |
| | |
| EXXON MOBIL CORP COMMON STOCK | | | 3,882 |
| | |
| FIFTH THIRD BANCORP COMMON STOCK | | | 1,845 |
| | |
| FISERV INC COMMON STOCK USD.01 | | | 5,252 |
| | |
| GENERAL ELECTRIC CO COMMON STOCK USD.01 | | | 4,064 |
| | |
| GOLDMAN SACHS GROUP INC COMMON STOCK USD.01 | | | 1,507 |
| | |
| HARTFORD FINANCIAL SVCS GRP COMMON STOCK USD.01 | | | 3,581 |
| | |
| HOLOGIC INC COMMON STOCK USD.01 | | | 1,439 |
| | |
| HUNTINGTON BANCSHARES INC COMMON STOCK USD.01 | | | 2,889 |
| | |
| INTERNATIONAL PAPER CO COMMON STOCK USD1.0 | | | 3,853 |
| | |
| INTL FLAVORS + FRAGRANCES COMMON STOCK USD.125 | | | 3,026 |
| | |
| JOHNSON + JOHNSON COMMON STOCK USD1.0 | | | 6,890 |
| | |
| KIMBERLY CLARK CORP COMMON STOCK USD1.25 | | | 3,550 |
| | |
| KOHLS CORP COMMON STOCK USD.01 | | | 980 |
| | |
| L3HARRIS TECHNOLOGIES INC COMMON STOCK USD1.0 | | | 3,589 |
| | |
| LAS VEGAS SANDS CORP COMMON STOCK USD.001 | | | 1,319 |
| | | | MAGNA INTERNATIONAL INC COMMON STOCK | | | 1,036 |
| | | | MEDTRONIC PLC COMMON STOCK USD.1 | | | 3,594 |
| | | | MERCK + CO. INC. COMMON STOCK USD.5 | | | 3,045 |
| | | | META PLATFORMS INC CLASS A COMMON STOCK USD.000006 | | | 1,887 |
| | | | MICROSOFT CORP COMMON STOCK USD.00000625 | | | 1,637 |
| | | | NEWS CORP CLASS A COMMON STOCK USD.01 | | | 3,290 |
| | | | PFIZER INC COMMON STOCK USD.05 | | | 2,530 |
| | | | PHILIP MORRIS INTERNATIONAL COMMON STOCK | | | 5,271 |
| | | | QUALCOMM INC COMMON STOCK USD.0001 | | | 4,853 |
38
| |
Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2022 | Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002 |
| | | | | | | |
(a) |
| (b) |
| (c) |
| (e) | |
| | Identity of Issuer, | | | | | |
|
| Borrower, Lessor, or | | |
| Current Value | |
|
| Similar Party |
| Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value |
| (in thousands) | |
|
| T. Rowe Price |
| ROWE T PRICE GOV RES FD | | $ | 3,493 |
| | |
| RPM INTERNATIONAL INC COMMON STOCK USD.01 | | | 1,638 |
| | |
| SEMPRA ENERGY COMMON STOCK | | | 4,575 |
| | |
| SIEMENS AG SPONS ADR ADR | | | 3,375 |
| | |
| SOUTHERN CO/THE COMMON STOCK USD5.0 | | | 7,321 |
| | |
| SOUTHWEST AIRLINES CO COMMON STOCK USD1.0 | | | 1,027 |
| | |
| STANLEY BLACK + DECKER INC COMMON STOCK USD2.5 | | | 2,486 |
| | |
| STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND | | | 2,282 |
| | |
| STERICYCLE INC COMMON STOCK USD.01 | | | 422 |
| | |
| TC ENERGY CORP COMMON STOCK | | | 3,916 |
| | |
| TE CONNECTIVITY LTD COMMON STOCK CHF.57 | | | 731 |
| | |
| TEXAS INSTRUMENTS INC COMMON STOCK USD1.0 | | | 1,519 |
| | |
| THE CIGNA GROUP COMMON STOCK USD.01 | | | 4,458 |
| | |
| THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0 | | | 1,830 |
| | |
| TJX COMPANIES INC COMMON STOCK USD1.0 | | | 1,385 |
| | |
| TOTALENERGIES SE SPON ADR ADR | | | 7,173 |
| | |
| UNITED PARCEL SERVICE CL B COMMON STOCK USD.01 | | | 3,745 |
| | |
| US BANCORP COMMON STOCK USD.01 | | | 2,626 |
| | |
| VERIZON COMMUNICATIONS INC COMMON STOCK USD.1 | | | 654 |
| | |
| WALMART INC COMMON STOCK USD.1 | | | 5,191 |
| | |
| WALT DISNEY CO/THE COMMON STOCK USD.01 | | | 3,681 |
| | |
| WELLS FARGO + CO COMMON STOCK USD1.666 | | | 6,648 |
| | | | WESTERN DIGITAL CORP COMMON STOCK USD.01 | | | 2,260 |
| | | | WEYERHAEUSER CO REIT USD1.25 | | | 3,550 |
| | | | ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD.01 | | | 4,579 |
| | | | Total T. Rowe Price | | $ | 230,732 |
| | | | | | | |
| | | | Grand Total | | $ | 542,462 |
| | | | | | | |
39
Item 9.01Financial Statements and Exhibits
(d) | Exhibits |
EXHIBIT INDEX
| | |
Exhibit No. |
| Description |
23 | | Consent of Independent Registered Public Accounting Firm – VASQUEZ & COMPANY LLP |
40
Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the Plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 23, 2023
| | |
| | EDISON 401 (K) SAVINGS PLAN |
| | |
| By: | /s/ Natalie K. Schilling |
| | Natalie K. Schilling |
| | Chair of the Southern California Edison Company |
| | Benefits Committee |
41