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EDISON INTERNATIONAL Annual Report 2021

Jun 30, 2021

30271_rns_2021-06-30_06bdae48-6da5-4d4d-a25e-c18e436ceebc.zip

Annual Report

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11-K 1 eix-20201231x11k.htm FORM 11-K EDISON INTERNATIONAL 401(K) PLAN 2020 Enhanced HTML document created with Toppan Merrill Bridge 9.11.0.85 Created on: 6/30/2021 01:41:27 AM (UTC) HTML PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd"

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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, 2020

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, 2020 and 2019 and for the Year Ended December 31, 2020

Table of Contents

TABLE OF CONTENTS

Reports of Independent Registered Public Accounting Firms 4
Financial Statements
Statements of Net Assets Available for Plan Benefits as of December 31, 2020 and 2019 7
Statement of Changes in Net Assets Available for Plan Benefits for the year ended December 31, 2020 8
Notes to Financial Statements 9
Supplemental Schedules
Form 5500, Schedule G, Part III - Schedule of Nonexempt Transactions 18
Form 5500, Schedule H, Line 4i-Schedule of Assets (Held at End of Year) 19
Signature 42
Consents of Independent Registered Public Accounting Firms 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.

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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 statement of net assets available for benefits of Edison 401(k) Savings Plan (the Plan) as of December 31, 2020, the related statement of changes in net assets available for benefits for the year then ended, 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, 2020, and the changes in net assets available for benefits for the year then ended, 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 audit. 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 audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit 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 audit 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 audit provides a reasonable basis for our opinion.

Report on Supplemental Information

The supplemental information in the accompanying schedule of nonexempt transactions for the year ended December 31, 2020, and the schedule of assets (held at end of year) as of December 31, 2020, have 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.

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Other Matter - 2019 Financial Statements

The financial statements of the Plan as of December 31, 2019, were audited by other auditors whose report, dated June 26, 2020, expressed an unmodified opinion on those statements.

/s/ Vasquez & Company LLP

We have served as the Plan's auditor since 2021.

Glendale, California

June 29, 2021

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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 statement of net assets available for benefits of the Edison 401(k) Savings Plan (the "Plan") as of December 31, 2019, and the related notes (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, 2019, 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 audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. 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 audit 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 audit included performing procedures to assess the risk 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 audit also included evaluating the accounting principles used and significant estimates made by the Plan's management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

/s/ BDO USA, LLP

We served as the Plan's auditor from 2001 to 2020.

Costa Mesa, California

June 26, 2020

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Financial Statements

Statements of Net Assets Available for Plan Benefits Edison 401(k) Savings Plan

December 31,
(in thousands) 2020 2019
Assets
Investments, at fair value $ 5,230,340 $ 4,748,365
Receivables
Notes receivable from participants 81,957 84,843
Dividends receivable 5,115 4,835
Receivable from brokers and other 13,807 12,412
Total receivables 100,879 102,090
Total assets 5,331,219 4,850,455
Liabilities
Payable to brokers and other 61,961 49,536
Total liabilities 61,961 49,536
Net assets available for plan benefits $ 5,269,258 $ 4,800,919

See accompanying notes to financial statements.

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Statement of Changes in Net Assets Available for Plan Benefits Edison 401(k) Savings Plan

For the year ended
(in thousands) December 31, 2020
Additions
Investment income
Dividends $ 31,356
Interest income and other 10,275
Net appreciation in fair value of investments 527,402
Total investment income 569,033
Interest income on notes receivable from participants 4,448
Contributions
Employer contributions, net of forfeitures 92,184
Participant and rollover contributions 164,270
Total net contributions 256,454
Total additions 829,935
Deductions
Management fees (4,625)
Distributions to participants (356,971)
Total deductions (361,596)
Net Increase 468,339
Net assets available for plan benefits
Beginning of year 4,800,919
End of year $ 5,269,258

See accompanying notes to financial statements.

8

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 the Southern California Edison Company ("SCE", the "Plan Sponsor"). Participants should refer to the summary plan description and Plan document, as amended, for a more 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 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 will receive noncontributory 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 their related earnings are fully vested.

Forfeitures

Forfeited non-vested accounts are used to offset employer contributions. At December 31, 2020 and 2019, the unused portion of forfeited non-vested accounts totaled approximately $31,000 and $19,000, respectively. During 2020, there were $1,029,000 of new forfeited non-vested accounts, of which approximately $1,017,000 were used to reduce employer contributions.

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 more 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 to participants a detailed description of each investment fund choice and lists the respective investment manager.

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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.

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 time of loan issuance plus one percent. Interest rates on outstanding loans range from 4.23% to 10.51% as of December 31, 2020 and mature on various dates through January 2036. 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 $81,957,000 and $84,843,000 as of December 31, 2020 and 2019, 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 greater than $1,000 but less than or equal to $5,000 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.

CARES Act

In March 2020, the Coronavirus Aid, Relief, and Economic Security Act (the "CARES Act") became law. The CARES Act, among other things, includes several relief provisions available to tax-qualified retirement plans and their participants. The Benefits Committee evaluated the relief provisions under the CARES Act available to plan participants and implemented the following provisions to qualified individuals, those who themselves or whose spouse/dependent was diagnosed with COVID-19 or experienced adverse financial consequences due to COVID-19:

● In-service withdrawals of up to $100,000 of vested balance available through December 31, 2020, after first taking all available loans from the Plan.

● A temporary additional loan and relaxation of current requirements for loans taken through September 22, 2020, based on the lesser of 50% of the vested account balance or $50,000.

● A temporary allowance for employees to defer loan repayments through December 31, 2020 for one year.

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The Setting Every Community Up for Retirement Enhancement Act ( the "SECURE Act") was passed into law in December 2019. In February 2020, the Required Minimum Distributions ("RMD") age was amended from age 70½ to age 72 under the provisions of the SECURE Act. In addition, following the CARES Act, the required minimum distributions that would have been due in 2020 as a result of a former employee reaching age 72 are temporarily waived.

  1. 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 $442,476,000 and $512,449,000 as of December 31, 2020 and 2019, respectively. Such investments represented approximately 8% and 11% of the Plan’s net assets as of December 31, 2020 and 2019. For risks and uncertainties regarding investment in the Company’s common stock, participants should refer to the Edison International annual report on Form 10-K for the year ended December 31, 2020, and the quarterly report on Form 10-Q for the period ended March 31, 2021.

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 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.

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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, 2020, there were deemed distributions, excluding repayments, of approximately $41,000 and loan offsets of approximately $2,182,000 related to notes receivable from participants. The loan offsets are included in "Distributions to participants" in the Statements 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.

New Accounting Guidance

Accounting Guidance Adopted

In June 2016, the Financial Accounting Standards Board ("FASB") issued an accounting standards update to require the use of the current expected credit loss model to measure impairment of financial assets measured at amortized cost and the use of an allowance to record estimated credit losses on available-for-sale debt securities. The Plan early adopted this guidance on January 1, 2020. The adoption of this guidance did not have a material impact on the Plan’s financial statements or disclosures.

In August 2018, the FASB issued an accounting standards update to remove, modify, and add certain disclosure requirements related to fair value measurement. The Plan adopted this guidance on January 1, 2020. The adoption of this guidance did not have a material impact on disclosures. See Note 3 for disclosures on fair value measurements.

Subsequent Events

The Plan has evaluated subsequent events through the date the financial statements were available to be issued.

  1. 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"). 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 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). 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. There were no changes in the valuation methods during 2020 and 2019. Plan assets carried at fair value are described below.

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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.

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, 2020 and 2019, by level within the fair value hierarchy:

Investments at Fair Value as of December 31, 2020
(in thousands) Level 1 Level 2 NAV 1 Total
Edison International Common Stock Fund $ 442,476 $ $ $ 442,476
Money market fund 2,054 465,138 467,192
Self-directed brokerage accounts 780,624 8,027 788,651
Mutual fund 244,634 244,634
Collective investment funds 67 2,461,482 2,461,549
Separate managed funds:
Cash and other short-term investments 4,591 2,370 22,111 29,072
Mutual funds 32,127 32,127
Fixed income securities 2 41,213 217,382 258,595
Common and preferred stocks 498,022 75 498,097
Other 7,947 7,947
Total separate managed funds 543,826 227,774 54,238 825,838
Total investments at fair value $ 2,013,681 $ 235,801 $ 2,980,858 $ 5,230,340

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Investments at Fair Value as of December 31, 2019
(in thousands) Level 1 Level 2 NAV 1 Total
Edison International Common Stock Fund $ 510,433 $ — $ 2,016 $ 512,449
Money market fund 2,129 424,804 426,933
Self-directed brokerage accounts 581,073 7,653 588,726
Mutual fund 216,856 216,856
Collective investment funds 2,202,720 2,202,720
Separate managed funds:
Cash and other short-term investments 6,458 1,004 8,322 15,784
Mutual funds 605 605
Fixed income securities 2 53,897 203,310 257,207
Common and preferred stocks 521,059 276 521,335
Other 5,750 5,750
Total separate managed funds 581,414 210,340 8,927 800,681
Total investments at fair value $ 1,891,905 $ 217,993 $ 2,638,467 $ 4,748,365

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 Statement of Net Assets Available for Plan Benefits.

2 The majority of dollar amounts of these securities consist of corporate bonds, U.S. government securities and agency securities including U.S. treasury notes and bonds.

There were no investments classified as Level 3 held by the Plan during 2020 and 2019.

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 liability. This practical expedient is not used if it is determined to be probable that the 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, 2020
Redemption
Unfunded Frequency Redemption Notice
(in thousands) Fair Value Commitments (if currently eligible) Period
Money market fund 1 $ 487,249 Not applicable Daily None
Mutual fund 2 32,127 Not applicable Daily None
Collective investment funds 3 2,461,482 Not applicable Daily None
Total $ 2,980,858

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December 31, 2019
Redemption
Unfunded Frequency Redemption Notice
(in thousands) Fair Value Commitments (if currently eligible) Period
Money market fund 1 $ 435,142 Not applicable Daily None
Mutual fund 2 605 Not applicable Daily None
Collective investment funds 3 2,202,720 Not applicable Daily None
Total $ 2,638,467

1 For the years ended December 31, 2020 and 2019, the combined money market fund investments of $487,249 and $435,142, respectively, are all invested in the State Street Money Market Fund, including $22,111 and $8,322, respectively, in separate managed funds "Cash and short-term investments." 2019 money market fund investment also included $2,016 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 The investment objective of the bond mutual fund within the separately managed accounts is to seek maximum current income, consistent with preservation of capital and daily liquidity.

3 For the years ended December 31, 2020 and 2019, collective investment funds 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.).

  1. 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 close of market on the date of transfer.

  1. Investment Options

As of December 31, 2020, all participants were able to choose from among 19 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 – Edison International Common Stock Fund and Seven Institutional Funds representing a range of asset classes: large and small U.S. stocks (including Edison International Common Stock), cash equivalents, non-U.S. stocks, real assets and fixed income instruments, with varying degrees of risk and return.

● Tier 3 – Self-Directed Brokerage Accounts: Allows 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.

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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.

Effective close of market on June 29, 2021, new investment in the Edison International Common Stock Fund will be closed to new investment, including deferrals and contributions. Amounts currently invested in the Edison International Common Stock Fund may remain invested there.

  1. 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) 2020 2019
Net assets available for plan benefits per the financial statements $ 5,269,258 $ 4,800,919
Less: Amounts allocated to withdrawing participants (96) (376)
Less: Deemed distributions of participant loans (1,114) (1,150)
Net assets available for plan benefits per the Form 5500 $ 5,268,048 $ 4,799,393

The following is a reconciliation of total deductions per the financial statements to the Form 5500:

For the year ended
(in thousands) December 31, 2020
Total distribution to participants per the financial statements $ 356,971
Add: Amounts allocated to withdrawing participants at December 31, 2020 96
Add: Deemed distributions of participant loans at December 31, 2020 1,114
Less: Amounts allocated to withdrawing participants at December 31, 2019 (376)
Less: Deemed distributions of participant loans at December 31, 2019 (1,150)
Benefits paid to participants per the Form 5500 $ 356,655

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.

  1. 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, the Plan issues loans to participants, see "Notes Receivable from Participants" in Note 1 for more details. These transactions qualify as 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 fund manager for the Plan were approximately $224,000 for 2020 and were reported as "Management fees" 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 $81,000 for 2020 and were reported as "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 and Note 11 regarding a prohibited transaction.

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  1. 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.

  1. 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.

  1. 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 $2,372,000 for the year ended December 31, 2020. On December 10, 2020, the Board of Directors of Edison International declared a common stock dividend of $0.6625 per share which was paid on January 31, 2021 to the shareholders of record as of December 31, 2020. As the record date was at year end, dividend income of $0.6625 per share amounting to approximately $4,661,000 was accrued and included in "Dividends receivable" in the accompanying financial statements at December 31, 2020. For the year ended December 31, 2019, approximately $4,289,000 was accrued in dividend receivable and paid on January 31, 2020.

  1. Prohibited Transaction

Through an administrative error, on April 26, 2013, SCE borrowed $380,546 from the Plan, which constituted a prohibited transaction under ERISA. In March 2020, SCE repaid $380,546 to the Plan, along with $191,310 of lost earnings calculated under the Department of Labor fiduciary correction program. The prohibited transaction had no impact on participant accounts and was reflected as "Interest income and other" in the Statement of Changes in Net Assets and as a "Receivable from brokers and other" in the Statements of Net Assets Available for Plan Benefits in 2019, the year it was discovered.

In May 2020, SCE submitted the related Form 5330 excise tax filings and paid $72,192 to the IRS.

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Supplemental Schedule s

Form 5500 Schedule G, Part III - Schedule of Nonexempt Transactions December 31, 20 20 Edison 401(k) Savings Plan

EIN: 95-1240335
Plan Number: 002
(a) (b) (c) (d) (e) (f) (g) (h) (i) (j)
Description of
Relationship transactions, Expenses
to plan, including maturity incurred in Net gain
employer, or date, rate of interest, connection Current or (loss)
Identity of other party maturity date, rate Purchase Selling Lease with Cost of value of on each
party involved in interest par or maturity value price price rental transaction asset asset transaction
Southern California Edison Company Plan Sponsor In 2013, SCE borrowed $380,546 from the Plan. In March 2020, SCE repaid $380,546 to the Plan, along with $191,310 of lost earnings. $ 380,546 $ $ $ $ 380,546 $ 571,856 $ 191,310

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Form 5500 Schedule H, Line 4i - Schedule of Assets (Held at End of Year) December 31, 20 20 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 $ 442,476
Money market fund
* ​ State Street Bank & Trust Co. Money market fund - collective instrument in the State Street Bank short-term income fund 467,192
Investment funds
BlackRock Global Investors Collective investment in the core Standard & Poor 500 index fund 1,095,106
PIMCO *** Separate managed account in the core bond fund 168,860
BlackRock Global Investors Collective investment in the core bond fund 134,060
Dodge & Cox *** Separate managed account in the core bond fund 150,012
Harding Loevner Collective investment in the core international stock fund 254,414
Dodge & Cox Mutual fund in the core international stock fund 244,634
BlackRock Global Investors Collective investment in the core international stock fund 244,550
BlackRock Global Investors Collective investment in the core Standard & Poor 500 index -large company stock fund 218,650
Jackson Square Partners *** Separate managed account in the core U.S. small-medium company stock fund 77,150
BlackRock Global Investors Collective investment in the core U.S. small-medium company stock fund 138,905
Next Century *** Separate managed account in the core U.S. small-medium company stock fund 103
AJO Partners *** Separate managed account in the core U.S. small-medium company stock fund 120
Loomis Sayles *** Separate managed account in the core U.S. large company stock fund 212,690
T. Rowe Price *** Separate managed account in the core U.S. large company stock fund 216,835
Blackrock Global Investors Collective Investment in core real assets fund 50,145
Blackrock Global Investors Collective Investment in global real estate investment trust fund 28,958
Blackrock Global Investors Collective Investment in short term treasury inflation protected securities fund 67,276
Blackrock Global Investors Collective Investment in the commodities fund 20,894
Cardinal Capital Collective investment in the core U.S. small-medium company stock fund 70,332
Hood River Capital Collective investment in the core U.S. small-medium company stock fund 79,736
BlackRock Global Investors *** Separate managed account in the core U.S. small-medium company stock fund 68
Westwood Westwood US Small- Med Comp Stock 62
BlackRock Global Investors RUSSELL 2000 Value fund 58,461
Total Investment funds 3,532,021

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Self-directed brokerage accounts — ​ Charles Schwab Self-directed brokerage accounts ​ — ​ ​ — ​ 788,651
Total investments 5,230,340
Notes receivable from participants
* ​ Notes receivable from participants Loans with maturities varying from one to four years -or up to 15 years for purchase of a primary residence and interest rates of 4.23% to 10.51% 81,957
Total $ 5,312,297
  • 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.

20

Table of Contents

Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 3175129F0 ITRAXX.O C0.425 FEB21 0.425 CALL $ (2)
317516RE4 OTC EPUT G2 2.5 103.3671875 1
317535N65 OTC EPUT G2 2.5 103.59375 1
3175409U8 ITRAXX.O P 1.05 JAN21 1.05 PUT 1
31754R9H8 ITRAXX EU34 5Y JAN21 0.9 PUT 1
317567220 PIMCO CDSOPT CALL EUR 0.375 20210421 (6)
31758A9E8 ITRAXX.O P1.00 JAN21 1 PUT 1
31758AFE1 ITRAXX P EU34 5Y JAN21 0.9 PUT 1
3175DA290 CDX IG35 5Y V1 JAN21 1.1 PUT 1
3175GS876 CDX.O P 1.00 IG34 JAN21 1 PUT 1
3175JL035 CDX.O P 98.25 JAN21 98.25 PUT 1
3175PPGG3 ITRAXX.O C0.425 MAR21 0.425 CALL (2)
317U031X3 IRO USD 30Y P1.49125 JAN21 1.49125 PUT 1
317U032V6 IRO GBP 30Y P 1.32 JAN21 1.32 PUT (14)
317U033V5 IRO USD 10Y P 2.21 JAN21 2.21 PUT 6
317U033X1 IRO USD 30Y C1.13125 JAN21 1.13125 CALL 2
317U034V4 IRO USD 10Y P 2.21 JAN21 2.21 PUT 8
317U048X4 IRO USD 30Y C1.1 JAN21 1.1 CALL 2
317U097X4 IRO USD 30Y C1.11 JAN21 1.11 CALL 2
317U107X2 IRO USD 30Y P1.51 JAN21 1.51 PUT 1
317U108X1 IRO USD 30Y C1.21 JAN21 1.21 CALL 1
317U123X2 IRO USD 10Y P1.070 JAN21 1.070 PUT 1
317U124X1 IRO USD 10Y C0.83 JAN21 0.83 CALL 1
317U128X7 IRO USD 30Y P1.57 JAN21 1.57 PUT 2
317U129X6 IRO USD 30Y C1.270 JAN21 1.270 CALL 1
317U141X0 IRO EUR 30Y MAR23 0 PUT (2)
317U142X9 IRO EUR 10Y P0.175 MAR23 0.175 PUT 1
317U143X8 IRO USD 30Y P1.598 JAN21 1.598 PUT 2
317U144X7 IRO USD 30Y C1.298 JAN21 1.298 CALL 1
317U179X5 IRO EUR 10Y P0.1750 MAR23 NEG0.1750 PUT (1)
317U195X5 PIMCO SWAPTION 0.01524 PUT USD 20210 1
317U196X4 PIMCO SWAPTION 0.01224 CALL USD 2021 1
317U609W7 IRO USD 30Y C DEC20 0.86 CALL 4
90DAY EUR FUTR MAR21 XCME 20210315 112
ACE SECURITIES CORP. ACE 2004 HE4 M1 197
ADVENT HEALTH SYSTEM UNSECURED 09/24 2.433 104
AEP TEXAS INC SR UNSECURED 07/30 2.1 418
AERCAP IRELAND CAP/GLOBA COMPANY GUAR 07/22 4.625 316
AERCAP IRELAND CAP/GLOBA COMPANY GUAR 07/23 4.125 429
AIR LEASE CORP SR UNSECURED 06/21 3.375 303
AIR LEASE CORP SR UNSECURED 09/23 3 315
AIRCASTLE LTD SR UNSECURED 02/22 5.5 313
AIRCASTLE LTD SR UNSECURED 03/21 5.125 101
ALBA PLC ALBA 2006 2 A3B REGS 202

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 ALLEGION US HOLDING CO COMPANY GUAR 10/24 3.2 $ 107
ALTRIA GROUP INC COMPANY GUAR 02/26 4.4 1,045
AMER AIRLN 14 1 A PTT PASS THRU CE 04/28 3.7 64
AMERICAN CAMPUS CMNTYS COMPANY GUAR 07/26 3.3 109
AMERICAN TOWER CORP SR UNSECURED 01/23 3.5 106
APPLE INC SR UNSECURED 08/60 2.55 206
ARGENTINE PESO 123
ARIZONA PUBLIC SERVICE SR UNSECURED 09/50 2.65 104
ARROW ELECTRONICS INC SR UNSECURED 03/23 4.5 107
ARROW ELECTRONICS INC SR UNSECURED 04/22 3.5 103
AT+T INC SR UNSECURED 02/52 3.3 198
AT+T INC SR UNSECURED 06/51 3.65 419
AUTONATION INC COMPANY GUAR 01/21 3.35 100
AUTONATION INC SR UNSECURED 06/30 4.75 241
BAIDU INC SR UNSECURED 04/26 1.72 203
BANCA MONTE DEI PASCHI S SR UNSECURED REGS 09/24 3.625 129
BANCO BILBAO VIZCAYA ARG SR UNSECURED 09/25 1.125 202
BAPTIST HEALTHCARE UNSECURED 08/50 3.54 112
BARCLAYS PLC SR UNSECURED 05/24 VAR 1,278
BAT CAPITAL CORP COMPANY GUAR 09/26 3.215 661
BBVA USA SR UNSECURED 08/24 2.5 425
BEAR STEARNS ADJUSTABLE RATE M BSARM 2004 10 11A1 148
BECTON DICKINSON AND CO SR UNSECURED 06/22 VAR 303
BOA FUTURES COC BOA FUTURES CCBOSXUS1 219
BOC AVIATION LTD SR UNSECURED REGS 09/22 2.75 204
BOEING CO SR UNSECURED 02/28 3.25 751
BOEING CO SR UNSECURED 05/30 5.15 726
BON SECOURS MERCY SECURED 06/50 3.205 107
BRITISH TRA INTL FINANCE COMPANY GUAR REGS 11/21 0.0000 99
BRIXMOR OPERATING PART SR UNSECURED 02/22 VAR 500
BROADCOM CRP / CAYMN FI COMPANY GUAR 01/23 2.65 208
BROADCOM INC COMPANY GUAR 04/26 4.25 344
BROADCOM INC COMPANY GUAR 04/30 5 243
BWPC0JKD6 CDS USD P F 5.00000 1 CCPCDX (37)
BWPC0JKD6 CDS USD R V 03MEVENT 2 CCPCDX 31
BWU00V8J0 IRS USD P F 2.25000 SWU00V8J0 CCPVANILLA (128)
BWU00V8J0 IRS USD R V 03MLIBOR SWUV0V8J2 CCPVANILLA 1
BWU00XPH1 IRS USD P F 2.00000 SWU00XPH1 CCPVANILLA (54)
BWU00XPH1 IRS USD R V 03MLIBOR SWUV0XPH3 CCPVANILLA 7
BWU015HX5 IRS USD P F 1.15000 SWU015HX5 CCPVANILLA 274
BWU015HX5 IRS USD R V 03MLIBOR SWUV15HX7 CCPVANILLA (30)
BWU016SX1 IRS GBP P F .00000 SWU016SX1 CCPOIS (52)
BWU016SX1 IRS GBP R V 12MSONIA SWUV16SX3 CCPOIS 47
BWU016T10 IRS GBP P F .50000 SWU016T10 CCPOIS (118)

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 BWU016T10 IRS GBP R V 12MSONIA SWUV16T12 CCPOIS $ 91
BWU0177O2 IRS USD P F 1.25000 SWU0177O2 CCPVANILLA 37
BWU0177O2 IRS USD R V 03MLIBOR SWUV177O4 CCPVANILLA (34)
BWU017DB3 IRS BRL P F 2.88250 SWU017DB3 CCPNDFPREDISWAP 2
BWU017DB3 IRS BRL R V 00MBRCDI SWUV17DB5 CCPNDFPREDISWAP (2)
CALIFORNIA ST CAS 04/47 FLOATING VAR 400
CANADIAN DOLLAR (92)
CARLISLE COS INC SR UNSECURED 12/24 3.5 110
CCBOSHUS6 BANK OF AMERICA CCPC CCBOSHUS6 BANK OF AMERICA CCPC 843
CCBOSZUS6 BOA CCPC COC CCBOSZUS6 BOA CCPC COC 1,298
CCPC CCFOBHUS0 COC CCPC CASH COLLATERAL USD 8
CELGENE CORP SR UNSECURED 08/22 3.25 519
CHARTER COMM OPT LLC/CAP SR SECURED 04/51 3.7 727
CHICAGO IL CHI 01/22 FIXED 5.63 91
CITIGROUP COMMERCIAL MORTGAGE CGCMT 2016 C1 A4 111
CITIGROUP INC SR UNSECURED 10/24 VAR 705
CITIGROUP MORTGAGE LOAN TRUST CMLTI 2005 8 3A1 93
CITIZENS BANK NA/RI SR UNSECURED 02/26 3.75 455
CNH INDUSTRIAL CAP LLC COMPANY GUAR 04/21 4.875 202
COMCAST CORP COMPANY GUAR 01/51 2.8 417
COMCAST CORP COMPANY GUAR 08/62 2.65 200
COMM MORTGAGE TRUST COMM 2017 COR2 A3 227
COMMONSPIRIT HEALTH SR SECURED 10/49 4.187 116
COUNTRYWIDE ALTERNATIVE LOAN T CWALT 2004 28CB 5A1 90
COUNTRYWIDE HOME LOANS CWHL 2004 HYB2 6A 46
CRED SUIS GP FUN LTD COMPANY GUAR 09/22 3.8 634
CREDIT SUISSE GROUP AG SR UNSECURED 04/26 4.55 353
CSAIL COMMERCIAL MORTGAGE TRUS CSAIL 2015 C3 ASB 484
CVS HEALTH CORP SR UNSECURED 08/27 1.3 603
DANISH KRONE 1
DELTA AIR LINES INC SR UNSECURED 03/22 3.625 309
DELTA AIR LINES INC SR UNSECURED 04/21 3.4 101
DEUTSCHE BANK NY SR UNSECURED 01/21 3.15 400
DEUTSCHE BANK NY SR UNSECURED 11/22 3.3 521
DTE ENERGY CO SR UNSECURED 06/25 1.05 303
ENBRIDGE INC COMPANY GUAR 02/22 VAR 300
ENERGY TRANSFER LP SR UNSECURED 02/23 3.6 210
ENERGY TRANSFER OPERATNG COMPANY GUAR 06/21 4.65 403
ENTERGY ARKANSAS LLC 1ST MORTGAGE 06/51 2.65 205
EQM MIDSTREAM PARTNERS L SR UNSECURED 07/23 4.75 421
EQT CORP SR UNSECURED 10/22 3 99
EURO CURRENCY (22)
EUROSAIL PLC ESAIL 2006 2X A2C REGS 91
EVERNORTH HEALTH INC COMPANY GUAR 11/22 3.05 105

23

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 EVERSOURCE ENERGY SR UNSECURED 08/25 0.8 $ 399
EXELON GENERATION CO LLC SR UNSECURED 06/25 3.25 327
FANNIE MAE FNR 2004 10 ZB 56
FANNIE MAE FNR 2012 55 PC 1,124
FANNIE MAE FNR 2013 36 JI 42
FANNIE MAE FNR 2015 38 DF 66
FANNIE MAE FNR 2015 87 BF 99
FANNIE MAE FNR 2019 28 FJ 297
FED HM LN PC POOL ZA6393 FR 03/49 FIXED 4 44
FIRSTENERGY CORP SR UNSECURED 07/22 3.35 407
FISERV INC SR UNSECURED 07/24 2.75 322
FLEX LTD SR UNSECURED 02/23 5 324
FLORIDA ST BRD OF ADMIN FIN CO FLSGEN 07/27 FIXED 1.705 311
FMC CORP SR UNSECURED 10/26 3.2 223
FNMA POOL 471600 FN 06/22 FIXED 2.64 274
FNMA POOL 725236 FN 03/34 FIXED VAR 5
FNMA POOL 888638 FN 09/37 FIXED VAR 127
FNMA POOL 894948 FN 08/36 FIXED 6 5
FNMA POOL 995279 FN 12/38 FIXED VAR 7
FNMA POOL AE0515 FN 04/40 FIXED VAR 9
FNMA POOL AH8434 FN 04/41 FIXED 5 7
FNMA POOL AL1983 FN 05/22 VARIABLE 304
FNMA POOL AL5853 FN 05/44 FIXED VAR 298
FNMA POOL AL8946 FN 08/46 FIXED VAR 1,345
FNMA POOL AW3558 FN 05/29 FIXED 3 139
FNMA POOL BK2012 FN 04/48 FIXED 4 1,981
FNMA POOL BM2003 FN 10/47 FIXED VAR 40
FNMA POOL CA3674 FN 06/49 FIXED 4 101
FNMA POOL FM1107 FN 06/49 FIXED VAR 53
FNMA POOL FM4126 FN 07/49 FIXED VAR 898
FNMA POOL MA3036 FN 06/32 FIXED 3.5 1,029
FNMA POOL MA3125 FN 09/32 FIXED 3 1,183
FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE 1,087
FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE 10,751
FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 6,397
FNMA TBA 30 YR 3.5 SINGLE FAMILY MORTGAGE 9,950
FORD MOTOR CREDIT CO LLC SR UNSECURED 01/21 3.2 300
FORD MOTOR CREDIT CO LLC SR UNSECURED 01/23 3.087 203
FORD MOTOR CREDIT CO LLC SR UNSECURED 02/23 4.14 309
FORD MOTOR CREDIT CO LLC SR UNSECURED 03/24 5.584 324
FORD MOTOR CREDIT CO LLC SR UNSECURED 04/21 3.47 500
FORD MOTOR CREDIT CO LLC SR UNSECURED 10/21 VAR 296
FORTUNE BRANDS HOME + SE SR UNSECURED 09/23 4 327
FREDDIE MAC SLST SLST 2019 3 A1C 560

24

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 FREDDIE MAC FHR 2882 ZC $ 12
FREDDIE MAC FHR 4935 KP 1,097
FREDDIE MAC FHR 4948 E 115
FREDDIE MAC FHR 4950 A 90
FREDDIE MAC FHR 4961 LA 71
FREDDIE MAC NOTES 08/25 0.68 401
FREDDIE MAC NOTES 08/25 0.69 700
FREDDIE MAC NOTES 08/25 0.7 700
FREDDIE MAC NOTES 10/26 0.8 1,300
FREDDIE MAC NOTES 11/26 0.83 300
FREDDIE MAC UNSECURED 09/23 0.25 200
FREDDIE MAC WHOLE LOAN SECURIT FWLS 2017 SC01 2A 566
GENERAL ELECTRIC CO SR UNSECURED 05/50 4.35 365
GENERAL MOTORS FINL CO COMPANY GUAR 01/22 3.45 411
GENERAL MOTORS FINL CO COMPANY GUAR 01/22 VAR 101
GENERAL MOTORS FINL CO COMPANY GUAR 01/23 VAR 100
GENERAL MOTORS FINL CO SR UNSECURED 07/22 3.55 104
GENERAL MOTORS FINL CO SR UNSECURED 11/21 4.2 309
GENERAL MOTORS FINL CO SR UNSECURED 11/21 VAR 100
GLOBAL PAYMENTS INC SR UNSECURED 02/25 2.65 214
GLOBAL PAYMENTS INC SR UNSECURED 08/29 3.2 553
GNMA II POOL MA5264 G2 06/48 FIXED 4 82
GNMA II TBA 30 YR 4 JUMBOS (213)
GOLDMAN SACHS GROUP INC SR UNSECURED 07/23 VAR 303
GOLDMAN SACHS GROUP INC SR UNSECURED 07/24 3.85 1,050
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H16 FM 245
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FB 139
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H20 FC 432
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H22 FC 331
GOVERNMENT NATIONAL MORTGAGE A GNR 2015 H29 FA 7
GOVERNMENT NATIONAL MORTGAGE A GNR 2016 H11 F 226
GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H09 FB 340
GOVERNMENT NATIONAL MORTGAGE A GNR 2019 31 GF 306
GOVERNMENT NATIONAL MORTGAGE A GNR 2019 33 F 327
GOVERNMENT NATIONAL MORTGAGE A GNR 2020 5 JF 238
HEALTHCARE REALTY TRUST SR UNSECURED 03/31 2.05 100
HEALTHCARE TRUST OF AMER COMPANY GUAR 08/26 3.5 226
HEALTHPEAK PROPERTIES SR UNSECURED 07/26 3.25 226
HOST HOTELS + RESORTS LP SR UNSECURED 06/25 4 215
HP ENTERPRISE CO SR UNSECURED 10/21 VAR 500
HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR 305
HSBC HOLDINGS PLC SR UNSECURED 03/25 VAR 304
HSBC HOLDINGS PLC SR UNSECURED 05/27 VAR 305
HSBC HOLDINGS PLC SR UNSECURED 09/28 VAR 512

25

Table of Contents

Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 HSBC HOLDINGS PLC SR UNSECURED 11/25 VAR $ 213
HUNTSMAN INTERNATIONAL L SR UNSECURED 11/22 5.125 214
HYATT HOTELS CORP SR UNSECURED 09/22 VAR 202
IMPAC SECURED ASSETS CORP. IMSA 2006 5 2A 75
INDYMAC INDA MORTGAGE LOAN TRU INDA 2005 AR1 3A1 145
INTEGRIS BAPTIST MEDICAL SR SECURED 08/50 3.875 117
INTERCONTINENTALEXCHANGE SR UNSECURED 09/40 2.65 616
INTERPUBLIC GROUP COS SR UNSECURED 03/22 4 104
INTL LEASE FINANCE CORP SR UNSECURED 01/22 8.625 215
JP MORGAN CHASE COMMERCIAL MOR JPMCC 2016 JP4 A4 114
JP MORGAN MORTGAGE TRUST JPMMT 2005 A5 2A2 225
JPMDB COMMERCIAL MORTGAGE SECU JPMDB 2016 C2 A4 110
JPMORGAN CHASE + CO SR UNSECURED 04/24 VAR 202
JPMORGAN CHASE + CO SR UNSECURED 07/25 3.9 341
KINDER MORGAN INC COMPANY GUAR 01/23 VAR 202
KLA CORP SR UNSECURED 11/24 4.65 341
KOMATSU FINANCE AMERICA COMPANY GUAR REGS 09/22 2.437 310
LABORATORY CORP OF AMER SR UNSECURED 12/24 2.3 106
LLOYDS BANKING GROUP PLC SR UNSECURED REGS 01/26 VAR 283
LLOYDS BANKING GROUP PLC SR UNSECURED REGS 04/26 VAR 278
LOS ANGELES CA CMNTY CLG DIST LOSHGR 08/32 FIXED 2.106 417
MARATHON OIL CORP SR UNSECURED 11/22 2.8 70
MARYLAND ST HLTH HGR EDUCTNL MDSMED 07/40 FIXED 3.052 415
MCCORMICK + CO SR UNSECURED 08/24 3.15 325
MERRILL LYNCH MORTGAGE INVESTO MLMI 2003 A2 2A2 17
MICRON TECHNOLOGY INC SR UNSECURED 02/24 4.64 334
MICRON TECHNOLOGY INC SR UNSECURED 02/30 4.663 245
MITSUBISHI UFJ FIN GRP SR UNSECURED 07/23 VAR 404
MITSUBISHI UFJ FIN GRP SR UNSECURED 09/24 VAR 201
MIZUHO FINANCIAL GROUP SR UNSECURED 07/31 VAR 207
MIZUHO FINANCIAL GROUP SR UNSECURED 09/22 VAR 506
MLCC MORTGAGE INVESTORS INC MLCC 2004 G A1 24
MORGAN STANLEY BAML TRUST MSBAM 2015 C24 A4 224
MORGAN STANLEY CAP SVCS COC SWAP CASH COLLATERAL USD 10
MORGAN STANLEY CAPITAL I TRUST MSC 2017 HR2 A4 115
MORGAN STANLEY CAPITAL INC MSAC 2004 WMC2 M1 134
MORGAN STANLEY CAPITAL INC MSAC 2006 NC2 A2D 189
MPLX LP SR UNSECURED 03/23 3.375 212
MPT OPER PARTNERSP/FINL COMPANY GUAR 03/31 3.5 103
MULTICARE HEALTH SYSTEM UNSECURED 08/50 2.803 208
MYLAN INC COMPANY GUAR 11/23 4.2 109
NASDAQ INC SR UNSECURED 12/40 2.5 395
NATWEST GROUP PLC JR SUBORDINA 12/99 VAR 219
NATWEST GROUP PLC SR UNSECURED 03/25 VAR 221

26

Table of Contents

Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 NATWEST GROUP PLC SR UNSECURED 06/24 VAR $ 546
NATWEST GROUP PLC SUBORDINATED 12/23 6 114
NAVIENT CORP SR UNSECURED 06/22 6.5 212
NAVIENT CORP SR UNSECURED 07/21 6.625 306
NEW ISRAELI SHEQEL 1
NEW JERSEY ST ECON DEV AUTH RE NJSDEV 06/21 FIXED 4.521 304
NEWGATE FUNDING PLC NGATE 2006 3X A3A REGS 227
NEXTERA ENERGY CAPITAL COMPANY GUAR 06/30 2.25 524
NOMURA HOLDINGS INC SR UNSECURED 01/25 2.648 214
NOMURA HOLDINGS INC SR UNSECURED 07/25 1.851 208
NORTHROP GRUMMAN CORP SR UNSECURED 01/25 2.93 326
NVR INC SR UNSECURED 05/30 3 219
OCCIDENTAL PETROLEUM COR SR UNSECURED 08/22 VAR 588
ONEOK INC COMPANY GUAR 02/22 4.25 103
OWENS CORNING SR UNSECURED 12/24 4.2 278
PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/22 1.75 301
PACIFIC GAS + ELECTRIC 1ST MORTGAGE 06/25 3.5 108
PACIFIC GAS + ELECTRIC 1ST MORTGAGE 07/30 4.55 114
PACIFIC GAS + ELECTRIC 1ST MORTGAGE 11/21 VAR 200
PACIFIC GAS + ELECTRIC 1ST MORTGAGE 12/47 3.95 207
PIMCO FDS SHORT TERM FLTG NAV MUTUAL FUND 32,127
PLAINS ALL AMER PIPELINE SR UNSECURED 11/24 3.6 320
POLISH ZLOTY 1
POUND STERLING 142
QUANTA SERVICES INC SR UNSECURED 10/30 2.9 107
QVC INC SR SECURED 03/23 4.375 105
REPUBLIC OF ARGENTINA BONDS 04/22 VAR 1
RMAC SECURITIES PLC RMACS 2006 NS4X A3A REGS 254
ROCKEFELLER FOUNDATION UNSECURED 10/50 2.492 208
SABINE PASS LIQUEFACTION SR SECURED 03/22 6.25 316
SABINE PASS LIQUEFACTION SR SECURED 04/23 5.625 110
SAN FRANCISCO CITY CNTY CA C SFOCTF 11/41 FIXED 6.487 2,289
SANTANDER UK GROUP HLDGS SR UNSECURED 08/26 VAR 406
SAUDI INTERNATIONAL BOND SR UNSECURED REGS 10/21 2.375 304
SEAGATE HDD CAYMAN COMPANY GUAR 06/27 4.875 113
SEMPRA ENERGY SR UNSECURED 06/24 3.55 218
SERVICENOW INC SR UNSECURED 09/30 1.4 293
SL GREEN OPERATING PARTN COMPANY GUAR 08/21 VAR 100
SLC STUDENT LOAN TRUST SLCLT 2006 2 A5 43
SLC STUDENT LOAN TRUST SLCLT 2010 1 A 36
SLM CORP SR UNSECURED 04/22 5.125 102
SOUTHERN CO GAS CAPITAL COMPANY GUAR 01/31 1.75 101
SOUTHWEST AIRLINES CO SR UNSECURED 05/23 4.75 109
SPIRIT AEROSYSTEMS INC COMPANY GUAR 06/21 VAR 197

27

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 SPIRIT AEROSYSTEMS INC SR SECURED 06/26 3.85 $ 315
STORE CAPITAL CORP SR UNSECURED 11/30 2.75 305
STRUCTURED ADJUSTABLE RATE MOR SARM 2004 12 9A 123
STRUCTURED ADJUSTABLE RATE MOR SARM 2005 2 A2 45
STRUCTURED ASSET SECURITIES CO SASC 2007 WF2 A1 10
SUMITOMO MITSUI FINL GRP SR UNSECURED 07/30 2.13 521
SUNOCO LOGISTICS PARTNER COMPANY GUAR 02/22 4.65 104
SWAP CCPC BANK OF AMERICA COC SWAP CASH COLLATERAL 77
SWAP JP MORGAN BOC SWAP CASH COLLATERAL USD (10)
SWPC0C0U5 CDS USD R F .50000 1 CMBX 27
SWPC0C1D2 CDS USD R F .50000 1 CMBX 69
SWPC0CJV3 CDS USD R F 1.00000 FIX SOVEREIGN 8
SWPC0CRI3 CDS USD R F 1.00000 FIX SOVEREIGN 2
SWPC0D819 CDS USD R F 1.00000 FIX SOVEREIGN 13
SWPC0FJM6 CDS USD R F 1.00000 FIX SOVEREIGN 1
SWPC0FY98 CDS USD R F 1.00000 FIX SOVEREIGN 3
SWPC0GCR0 CDS USD R F 1.00000 1 CCPCORPORATE (1)
SWPC0HFY0 CDS USD R F 1.00000 FIX SOVEREIGN 5
SWPC0HJ26 CDS USD R F 1.00000 1 CCPCORPORATE 10
SWPC0HQ93 CDS USD R F 1.00000 1 CCPCORPORATE 3
SWPC0HWO3 CDS USD R F 1.00000 1 CCPCORPORATE 6
SWPC0HXN4 CDS USD R F 1.00000 FIX CORPORATE 5
SWPC0I305 CDS USD R F 1.00000 1 CCPCORPORATE 3
SWPC0IFO0 CDS USD R F 1.00000 FIX SOVEREIGN 4
SWPC0II09 CDS USD R F 1.00000 1 CCPCORPORATE 2
SWPC0IIT6 CDS USD R F 1.00000 1 CCPCORPORATE 3
SWPC0JFQ3 CDS USD R F 1.00000 FIX SOVEREIGN 15
SWPC0JFT7 CDS USD R F 1.00000 FIX SOVEREIGN 5
SWPC0JIW7 CDS EUR P V 03MEVENT 2 CCPITRAXX (223)
SWPC0JIW7 CDS EUR R F 1.00000 1 CCPITRAXX 251
SWPC0JJ14 CDS USD R F 1.00000 1 CCPCDX 9
SWPC0JJ30 CDS USD R F 1.00000 1 CCPCDX 12
SWPC0JJ55 CDS EUR P V 03MEVENT 2 CCPCORPORATE (7)
SWPC0JJ55 CDS EUR R F 1.00000 1 CCPCORPORATE 9
SWPC1HH01 CDS USD R F 5.00000 FIX CDXTRANCHE (2)
SWPCCDX67 CDS USD R F 5.00000 FIX CDXTRANCHE (3)
SWPCDX027 CDS USD R F 5.00000 FIX CDXTRANCHE (8)
SWU00VVS4 IRS USD R F 1.50000 SWU00VVS4 CCPVANILLA 290
SWU00Y1I3 IRS CAD P V 03MCDOR SWUV0Y1I5 CCPVANILLA (7)
SWU00Y1I3 IRS CAD R F 1.50000 SWU00Y1I3 CCPVANILLA 32
SWU00Y1K8 IRS CAD P V 03MCDOR SWUV0Y1K0 CCPVANILLA (116)
SWU00Y1K8 IRS CAD R F 1.50000 SWU00Y1K8 CCPVANILLA 191
SWU00YIC8 IRS USD R F 1.66000 SWU00YIC8 CCPVANILLA 16
SWU010CF0 IRS CAD P V 03MCDOR SWUV10CF2 CCPVANILLA (60)

28

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 SWU010CF0 IRS CAD R F 1.27600 SWU010CF0 CCPVANILLA $ 90
SWU010DI3 IRS CAD P V 03MCDOR SWUV10DI5 CCPVANILLA (27)
SWU010DI3 IRS CAD R F 1.23500 SWU010DI3 CCPVANILLA 37
SWU013KB4 IRS CNY P V 03MCNBE SWU013KB4 CCP VANILLA (103)
SWU013KB4 IRS CNY R F 2.64500 SWU013KB4 CCP VANILLA 103
SWU015OK5 IRS USD R F 1.21400 SWU015OK5 CCPVANILLA (10)
SWU015X41 IRS USD R F 1.18500 SWU015X41 CCPVANILLA (11)
SWU015Z07 IRS USD R F 1.25000 SWU015Z07 CCPVANILLA (8)
SWU016185 IRS CNY P V 03MCNR07 CCPVANILLA (4)
SWU016185 IRS CNY R F 2.67125 CCPVANILLA 4
SWU016250 IRS CNY P V 03MCNR07 (2)
SWU016250 IRS CNY R F 2.60500 2
SWU016276 IRS CNY P V 03MCNR07 (1)
SWU016276 IRS CNY R F 2.58750 1
SWU016A36 IRS USD R F 1.25000 SWU016A36 CCPVANILLA (8)
SWU016H54 IRS BRL P V 00MBRCDI SWUV16H56 CCPNDFPREDISWAP (38)
SWU016H54 IRS BRL R F 3.30000 SWU016H54 CCPNDFPREDISWAP 42
SWU017522 IRS CNY R F 2.81000 SWU017522 538671277 1
SWU0SD181 IRS GBP P V 01MUKRPI SWU0SD181 CCPINFLATIONZERO (10)
SWU0SD181 IRS GBP R F 3.69500 SWUVSD183 CCPINFLATIONZERO 22
SWU0SD199 IRS GBP P V 01MUKRPI SWU0SD199 CCPINFLATIONZERO (10)
SWU0SD199 IRS GBP R F 3.71750 SWUVSD191 CCPINFLATIONZERO 22
SYNCHRONY FINANCIAL SR UNSECURED 03/29 5.15 241
SYNGENTA FINANCE NV COMPANY GUAR 03/22 3.125 204
TAKEDA PHARMACEUTICAL SR UNSECURED 07/60 3.375 444
TEVA PHARMACEUTICALS NE COMPANY GUAR 07/23 2.8 495
THOMSON REUTERS CORP SR UNSECURED 05/26 3.35 337
THORNBURG MORTGAGE SECURITIES TMST 2006 5 A1 40
TP ICAP PLC SR UNSECURED REGS 01/24 5.25 149
TRIMBLE INC SR UNSECURED 06/28 4.9 479
TSY INFL IX N/B 01/29 0.875 121
TSY INFL IX N/B 02/45 0.75 285
TSY INFL IX N/B 02/46 1 1,019
UDR INC COMPANY GUAR 03/33 1.9 200
UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/27 FIXED 1.316 102
UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/30 FIXED 1.614 202
US 10YR NOTE (CBT)MAR21 XCBT 20210322 (3)
US 2YR NOTE (CBT) MAR21 XCBT 20210331 (39)
US BOND FUTR OPTN FEB21C 178 EXP 01/22/2021 1
US BOND FUTR OPTN FEB21C 179 EXP 01/22/2021 1
US BOND FUTR OPTN FEB21P 169 EXP 01/22/2021 1
US BOND FUTR OPTN FEB21P 171 EXP 01/22/2021 1
US DOLLAR 435
US TREASURY N/B 02/40 4.625 312

29

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 US TREASURY N/B 02/50 2 $ 2,932
US TREASURY N/B 05/40 4.375 304
US TREASURY N/B 05/43 2.875 253
US TREASURY N/B 05/44 3.375 5,333
US TREASURY N/B 05/49 2.875 381
US TREASURY N/B 08/44 3.125 6,067
US TREASURY N/B 08/49 2.25 814
US TREASURY N/B 11/40 1.375 2,057
US TREASURY N/B 11/42 2.75 1,611
US TREASURY N/B 11/44 3 1,165
US TREASURY N/B 11/49 2.375 858
UTAH ACQUISITION SUB COMPANY GUAR 06/26 3.95 229
VALE OVERSEAS LIMITED COMPANY GUAR 08/26 6.25 124
VEREIT OPERATING PARTNER COMPANY GUAR 12/29 3.1 216
VEREIT OPERATING PARTNER COMPANY GUAR 12/32 2.85 209
VERIZON COMMUNICATIONS SR UNSECURED 05/25 VAR 411
WALT DISNEY COMPANY/THE COMPANY GUAR 01/31 2.65 110
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR11 A1A 13
WAMU MORTGAGE PASS THROUGH CER WAMU 2005 AR2 2A21 145
WELLS FARGO + COMPANY SR UNSECURED 01/23 VAR 303
WELLS FARGO + COMPANY SR UNSECURED 02/25 3 870
WELLS FARGO + COMPANY SR UNSECURED 02/26 VAR 210
WELLS FARGO COMMERCIAL MORTGAG WFCM 2015 C27 A5 328
WELLS FARGO COMMERCIAL MORTGAG WFCM 2019 C49 A5 118
WELLS FARGO COMMERCIAL MORTGAG WFCM 2020 C55 A5 110
WESTINGHOUSE AIR BRAKE COMPANY GUAR 03/24 4.4 219
WESTINGHOUSE AIR BRAKE COMPANY GUAR 11/26 3.45 220
WILLIAMS COMPANIES INC SR UNSECURED 03/22 3.6 516
WP CAREY INC SR UNSECURED 04/24 4.6 444
WPX ENERGY INC SR UNSECURED 01/30 4.5 106
ZIMMER BIOMET HOLDINGS SR UNSECURED 03/21 VAR 178
Total PIMCO $ 168,860
Dodge & Cox ABBVIE INC SR UNSECURED 11/29 3.2 $ 336
ABBVIE INC SR UNSECURED 11/49 4.25 345
ANHEUSER BUSCH INBEV WOR COMPANY GUAR 01/39 5.45 204
ANHEUSER BUSCH INBEV WOR COMPANY GUAR 01/49 5.55 320
ANHEUSER BUSCH INBEV WOR COMPANY GUAR 06/30 3.5 203
ANHEUSER BUSCH INBEV WOR COMPANY GUAR 06/50 4.5 568
ANTHEM INC SR UNSECURED 05/30 2.25 159
AT+T INC SR UNSECURED 02/39 6.55 716
AT+T INC SR UNSECURED 02/47 5.65 272
AT+T INC SR UNSECURED 03/48 4.5 269
AT+T INC SR UNSECURED 05/46 4.75 185

30

Table of Contents

Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 AT+T INC SR UNSECURED 09/40 5.35 $ 229
BANK OF AMERICA CORP SR UNSECURED 02/31 VAR 133
BANK OF AMERICA CORP SR UNSECURED 03/51 VAR 695
BANK OF AMERICA CORP SR UNSECURED 07/23 VAR 857
BANK OF AMERICA CORP SR UNSECURED 12/23 VAR 105
BANK OF AMERICA CORP SUBORDINATED 03/26 4.45 117
BANK OF AMERICA CORP SUBORDINATED 08/24 4.2 543
BARCLAYS PLC SUBORDINATED 05/28 4.836 231
BARCLAYS PLC SUBORDINATED 09/24 4.375 445
BAT CAPITAL CORP COMPANY GUAR 03/28 2.259 104
BAT CAPITAL CORP COMPANY GUAR 03/31 2.726 259
BAT CAPITAL CORP COMPANY GUAR 09/40 3.734 52
BAT CAPITAL CORP COMPANY GUAR 09/50 3.984 235
BNP PARIBAS COMPANY GUAR 10/24 4.25 1,830
BOSTON PROPERTIES LP SR UNSECURED 01/31 3.25 221
BOSTON PROPERTIES LP SR UNSECURED 05/21 4.125 602
BOSTON PROPERTIES LP SR UNSECURED 09/23 3.125 371
BURLINGTN NORTH SANTA FE SR UNSECURED 06/21 4.1 905
CALIFORNIA ST CAS 03/40 FIXED 7.625 1,276
CALIFORNIA ST CAS 10/39 FIXED 7.3 289
CAPITAL ONE FINANCIAL CO SR UNSECURED 01/24 3.9 110
CAPITAL ONE FINANCIAL CO SR UNSECURED 07/21 4.75 460
CAPITAL ONE FINANCIAL CO SUBORDINATED 10/25 4.2 285
CHARTER COMM OPT LLC/CAP SR SECURED 04/48 5.75 164
CHARTER COMM OPT LLC/CAP SR SECURED 07/25 4.908 174
CHARTER COMM OPT LLC/CAP SR SECURED 10/45 6.484 1,202
CIGNA CORP COMPANY GUAR 10/28 4.375 635
CITIGROUP CAPITAL XIII PREFERRED STOCK 10/40 VAR 1,043
CITIGROUP INC SR UNSECURED 03/31 VAR 424
COCA COLA CO/THE SR UNSECURED 03/30 3.45 324
COCA COLA CO/THE SR UNSECURED 06/30 1.65 668
COMCAST CORP COMPANY GUAR 10/25 3.95 115
COMCAST CORP COMPANY GUAR 10/48 4.7 210
COX COMMUNICATIONS INC SR UNSECURED 08/28 6.8 1,743
CVS HEALTH CORP SR UNSECURED 03/23 3.7 44
CVS HEALTH CORP SR UNSECURED 03/28 4.3 151
CVS HEALTH CORP SR UNSECURED 03/38 4.78 507
DOMINION ENERGY INC JR SUBORDINA 04/21 VAR 277
DOMINION ENERGY INC JR SUBORDINA 10/54 VAR 529
DOW CHEMICAL CO/THE SR UNSECURED 05/39 9.4 449
DOW CHEMICAL CO/THE SR UNSECURED 11/29 7.375 392
ELANCO ANIMAL HEALTH INC SR UNSECURED 08/28 5.9 325
ERP OPERATING LP SR UNSECURED 04/23 3 605
ERP OPERATING LP SR UNSECURED 12/21 4.625 93

31

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 EXXON MOBIL CORPORATION SR UNSECURED 03/40 4.227 $ 342
EXXON MOBIL CORPORATION SR UNSECURED 03/50 4.327 327
EXXON MOBIL CORPORATION SR UNSECURED 04/51 3.452 314
EXXON MOBIL CORPORATION SR UNSECURED 10/30 2.61 218
FANNIE MAE FNR 2007 50 DZ 108
FANNIE MAE FNR 2009 66 ET 14
FANNIE MAE FNR 2013 106 MA 102
FED HM LN PC POOL 1G2201 FH 09/37 FLOATING VAR 42
FED HM LN PC POOL 849254 FH 01/42 FLOATING VAR 23
FED HM LN PC POOL 849330 FH 05/44 FLOATING VAR 139
FED HM LN PC POOL 849505 FH 10/44 FLOATING VAR 952
FED HM LN PC POOL 849536 FH 11/44 FLOATING VAR 157
FED HM LN PC POOL G01976 FG 12/33 FIXED 6 60
FED HM LN PC POOL G07338 FG 10/38 FIXED 6 49
FED HM LN PC POOL G07480 FG 05/39 FIXED 6 256
FED HM LN PC POOL G07598 FG 11/43 FIXED 4.5 80
FED HM LN PC POOL G07857 FG 04/40 FIXED 4.5 757
FED HM LN PC POOL G08768 FG 06/47 FIXED 4.5 229
FED HM LN PC POOL G12511 FG 02/22 FIXED 6 22
FED HM LN PC POOL G13824 FG 12/24 FIXED 5.5 76
FED HM LN PC POOL G30689 FG 07/32 FIXED 4.5 1,118
FED HM LN PC POOL G60034 FG 02/45 FIXED 4.5 88
FED HM LN PC POOL G60153 FG 10/44 FIXED 4.5 145
FED HM LN PC POOL G60384 FG 12/45 FIXED 4.5 227
FED HM LN PC POOL G60920 FG 04/46 FIXED 4.5 234
FED HM LN PC POOL G61060 FG 06/47 FIXED 4.5 1,037
FED HM LN PC POOL Q02552 FG 08/41 FIXED 4.5 38
FED HM LN PC POOL Q03086 FG 09/41 FIXED 4.5 113
FED HM LN PC POOL Q48237 FG 05/47 FIXED 4.5 473
FED HM LN PC POOL RA2958 FR 07/50 FIXED 2 992
FED HM LN PC POOL RA3053 FR 07/50 FIXED 2 599
FED HM LN PC POOL RA3167 FR 07/50 FIXED 2 2,878
FED HM LN PC POOL RA3202 FR 07/50 FIXED 2.5 2,869
FED HM LN PC POOL RA4119 FR 12/50 FIXED 2 2,159
FED HM LN PC POOL SC0017 FR 08/39 FIXED 3.5 1,186
FED HM LN PC POOL V83108 FG 03/47 FIXED 4.5 539
FEDEX CORP 1998 PASS TST PASS THRU CE 07/23 6.72 76
FEDEX CORP COMPANY GUAR 05/50 5.25 460
FNMA POOL 704235 FN 05/33 FIXED 5.5 29
FNMA POOL 725228 FN 03/34 FIXED VAR 1
FNMA POOL 725229 FN 03/34 FIXED VAR 57
FNMA POOL 735503 FN 04/35 FIXED VAR 1
FNMA POOL 888560 FN 11/35 FIXED VAR 57
FNMA POOL 889072 FN 12/37 FIXED VAR 173

32

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 889984 FN 10/38 FIXED VAR $ 164
FNMA POOL 965097 FN 09/38 FLOATING VAR 27
FNMA POOL 976853 FN 11/29 FIXED 5.5 76
FNMA POOL 995006 FN 10/38 FLOATING VAR 11
FNMA POOL 995051 FN 03/37 FIXED VAR 42
FNMA POOL AB1763 FN 11/30 FIXED 4 32
FNMA POOL AD0198 FN 09/38 FIXED VAR 46
FNMA POOL AD0244 FN 10/24 FIXED VAR 153
FNMA POOL AL0238 FN 03/26 FIXED VAR 633
FNMA POOL AL1845 FN 06/39 FLOATING VAR 24
FNMA POOL AL6209 FN 07/21 VARIABLE 27
FNMA POOL AL6240 FN 12/44 FLOATING VAR 533
FNMA POOL AL6377 FN 01/45 FLOATING VAR 96
FNMA POOL AL6872 FN 05/45 FLOATING VAR 187
FNMA POOL AL7147 FN 02/45 FIXED VAR 90
FNMA POOL AL7205 FN 12/29 FIXED VAR 93
FNMA POOL AL7384 FN 09/45 FIXED VAR 179
FNMA POOL AL8816 FN 09/45 FIXED VAR 297
FNMA POOL AL8830 FN 10/34 FIXED VAR 500
FNMA POOL AL9096 FN 10/42 FIXED VAR 362
FNMA POOL AL9407 FN 09/42 FIXED VAR 108
FNMA POOL AL9781 FN 02/46 FIXED VAR 348
FNMA POOL AS9299 FN 03/37 FIXED 3.5 191
FNMA POOL AW4688 FN 05/44 FLOATING VAR 27
FNMA POOL BF0045 FN 03/52 FIXED 4.5 472
FNMA POOL BH5372 FN 08/47 FIXED 4 492
FNMA POOL BK0922 FN 07/48 FIXED 4.5 378
FNMA POOL BK5257 FN 05/48 FIXED 4 686
FNMA POOL BM1357 FN 01/43 FIXED VAR 419
FNMA POOL BM6149 FN 10/49 FLOATING VAR 1,340
FNMA POOL BN3064 FN 02/49 FLOATING VAR 127
FNMA POOL CA1909 FN 06/48 FIXED 4.5 351
FNMA POOL CA2643 FN 11/48 FIXED 4.5 268
FNMA POOL CA2804 FN 12/48 FIXED 4.5 304
FNMA POOL CA6247 FN 07/50 FIXED 2.5 2,135
FNMA POOL CA6398 FN 07/50 FIXED 2.5 1,185
FNMA POOL CA6902 FN 09/50 FIXED 2 2,691
FNMA POOL FM4714 FN 10/50 FIXED VAR 3,172
FNMA POOL MA0792 FN 07/31 FIXED 4.5 285
FNMA POOL MA2508 FN 01/36 FIXED 4 192
FNMA POOL MA3617 FN 03/49 FIXED 5 176
FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE 2,761
FNMA TBA 30 YR 2.5 SINGLE FAMILY MORTGAGE 5,236
FORD MOTOR CREDIT CO LLC SR UNSECURED 01/22 5.596 284

33

Table of Contents

Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 FORD MOTOR CREDIT CO LLC SR UNSECURED 08/21 5.875 $ 665
FORD MOTOR CREDIT CO LLC SR UNSECURED 09/22 4.25 206
FORD MOTOR CREDIT CO LLC SR UNSECURED 10/21 3.813 354
FORD MOTOR CREDIT CO LLC SR UNSECURED 11/22 3.35 204
FORD MOTOR CREDIT CO LLC SR UNSECURED 11/24 4.063 210
FORD MOTOR CREDIT CO LLC SR UNSECURED 11/25 3.375 283
FREDDIE MAC SCRT SCRT 2017 4 M45T 389
FREDDIE MAC FHR 2957 VZ 236
FREDDIE MAC FHR 4283 EW 359
FREDDIE MAC REFERENCE REMIC FHRR R008 ZA 64
GOVERNMENT NATIONAL MORTGAGE A GNR 2017 H22 FH 1,388
GOVERNMENT NATIONAL MORTGAGE A GNR 2018 H01 FE 1,054
GOVERNMENT NATIONAL MORTGAGE A GNR 2018 H08 FB 518
GOVERNMENT NATIONAL MORTGAGE A GNR 2019 H15 JF 1,078
GOVERNMENT NATIONAL MORTGAGE A GNR 2020 H01 FV 2,706
HCA INC SR SECURED 06/29 4.125 174
HCA INC SR SECURED 06/39 5.125 192
HCA INC SR SECURED 06/47 5.5 234
HCA INC SR SECURED 06/49 5.25 99
HOME DEPOT INC SR UNSECURED 04/30 2.7 56
HOME DEPOT INC SR UNSECURED 04/40 3.3 59
HOME DEPOT INC SR UNSECURED 04/50 3.35 60
HSBC HOLDINGS PLC SR UNSECURED 03/26 4.3 230
HSBC HOLDINGS PLC SR UNSECURED 03/30 4.95 251
HSBC HOLDINGS PLC SR UNSECURED 05/24 VAR 485
HSBC HOLDINGS PLC SR UNSECURED 06/31 VAR 215
HSBC HOLDINGS PLC SR UNSECURED 08/31 VAR 207
HSBC HOLDINGS PLC SUBORDINATED 05/36 6.5 434
HSBC HOLDINGS PLC SUBORDINATED 09/37 6.5 841
ILLINOIS ST ILS 06/33 FIXED 5.1 700
JPMORGAN CHASE + CO SR UNSECURED 03/31 VAR 277
JPMORGAN CHASE + CO SR UNSECURED 04/31 VAR 134
JPMORGAN CHASE + CO SR UNSECURED 04/51 VAR 306
JPMORGAN CHASE + CO SR UNSECURED 07/24 VAR 488
JPMORGAN CHASE + CO SUBORDINATED 05/23 3.375 534
JPMORGAN CHASE + CO SUBORDINATED 05/31 VAR 384
JPMORGAN CHASE + CO SUBORDINATED 10/27 4.25 296
KINDER MORGAN ENER PART COMPANY GUAR 03/44 5.5 727
KINDER MORGAN ENER PART COMPANY GUAR 09/44 5.4 407
KINDER MORGAN INC/DELAWA COMPANY GUAR 02/46 5.05 275
KRAFT HEINZ FOODS CO COMPANY GUAR 07/45 5.2 149
LLOYDS BANKING GROUP PLC SR UNSECURED 08/23 4.05 273
LLOYDS BANKING GROUP PLC SUBORDINATED 03/26 4.65 230
LLOYDS BANKING GROUP PLC SUBORDINATED 11/24 4.5 531

34

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 LYB INT FINANCE III COMPANY GUAR 04/51 3.625 $ 191
LYB INT FINANCE III COMPANY GUAR 05/30 3.375 112
LYB INT FINANCE III COMPANY GUAR 05/50 4.2 58
LYB INT FINANCE III COMPANY GUAR 10/30 2.25 51
MASTERCARD INC SR UNSECURED 03/50 3.85 129
MCDONALD S CORP SR UNSECURED 04/50 4.2 96
MCDONALD S CORP SR UNSECURED 07/27 3.5 57
NATWEST GROUP PLC SUBORDINATED 12/22 6.125 550
NATWEST GROUP PLC SUBORDINATED 12/23 6 914
NEW JERSEY ST TURNPIKE AUTH NJSTRN 01/40 FIXED 7.414 126
NEW JERSEY ST TURNPIKE AUTH NJSTRN 01/41 FIXED 7.102 531
OCCIDENTAL PETROLEUM COR SR UNSECURED 08/24 2.9 481
OCCIDENTAL PETROLEUM COR SR UNSECURED 08/26 3.2 70
OCCIDENTAL PETROLEUM COR SR UNSECURED 08/29 3.5 366
ORACLE CORP SR UNSECURED 04/30 2.95 280
ORACLE CORP SR UNSECURED 04/40 3.6 293
ORACLE CORP SR UNSECURED 04/50 3.6 379
PETROBRAS GLOBAL FINANCE COMPANY GUAR 01/31 5.6 690
PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/44 7.25 258
PETROBRAS GLOBAL FINANCE COMPANY GUAR 03/49 6.9 222
PETROBRAS GLOBAL FINANCE COMPANY GUAR 06/50 6.75 590
PETROLEOS MEXICANOS COMPANY GUAR 01/45 6.375 115
PETROLEOS MEXICANOS COMPANY GUAR 03/27 6.5 1,159
PETROLEOS MEXICANOS COMPANY GUAR 06/35 6.625 1,287
PETROLEOS MEXICANOS COMPANY GUAR 09/47 6.75 117
PROCTER + GAMBLE CO/THE SR UNSECURED 03/30 3 58
RELX CAPITAL INC COMPANY GUAR 03/29 4 297
SLM STUDENT LOAN TRUST SLMA 2005 3 A6 2,452
SLM STUDENT LOAN TRUST SLMA 2011 1 A2 2,534
SOUTHERN CO JR SUBORDINA 01/51 VAR 689
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 15,125
TELECOM ITALIA CAPITAL COMPANY GUAR 06/38 7.721 278
TELECOM ITALIA CAPITAL COMPANY GUAR 07/36 7.2 304
TIME WARNER CABLE LLC SR SECURED 05/37 6.55 343
TIME WARNER CABLE LLC SR SECURED 06/39 6.75 818
TRANSCANADA PIPELINES SR UNSECURED 04/30 4.1 148
TRANSCANADA TRUST COMPANY GUAR 03/77 VAR 583
TRANSCANADA TRUST COMPANY GUAR 05/75 VAR 658
TRANSCANADA TRUST COMPANY GUAR 08/76 VAR 307
TRANSCANADA TRUST COMPANY GUAR 09/79 VAR 413
UNION PACIFIC RR CO 07 3 PASS THRU CE 01/31 6.176 330
UNITED PARCEL SERVICE SR UNSECURED 04/50 5.3 377
UNUM GROUP SR UNSECURED 12/28 6.75 284
US DOLLAR 1,000

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 US TREASURY N/B 05/22 0.125 $ 1,680
US TREASURY N/B 06/22 0.125 1,010
US TREASURY N/B 07/22 0.125 2,565
US TREASURY N/B 07/25 0.25 4,487
US TREASURY N/B 08/22 0.125 775
US TREASURY N/B 08/30 0.625 1,807
US TREASURY N/B 09/25 0.25 2,491
US TREASURY N/B 11/22 0.125 1,625
US TREASURY N/B 11/30 0.875 1,474
US TREASURY N/B 11/49 2.375 1,092
VERIZON COMMUNICATIONS SR UNSECURED 09/48 4.522 945
VODAFONE GROUP PLC JR SUBORDINA 04/79 VAR 467
WALT DISNEY COMPANY/THE COMPANY GUAR 11/37 6.65 356
WELLS FARGO + COMPANY SR UNSECURED 04/21 4.6 303
WELLS FARGO + COMPANY SR UNSECURED 04/51 VAR 1,030
WELLS FARGO + COMPANY SUBORDINATED 06/26 4.1 229
WELLS FARGO + COMPANY SUBORDINATED 07/27 4.3 557
WELLS FARGO BANK NA SR UNSECURED 08/23 3.55 270
WILLIAMS COMPANIES INC SR UNSECURED 11/30 3.5 396
ZOETIS INC SR UNSECURED 11/25 4.5 350
Total Dodge & Cox $ 150,012
Jackson Square Partners ABIOMED INC COMMON STOCK USD.01 $ 2,107
ANAPLAN INC COMMON STOCK USD.0001 2,096
BILL.COM HOLDINGS INC COMMON STOCK USD.00001 1,981
BIO TECHNE CORP COMMON STOCK USD.01 3,398
CARLYLE GROUP INC/THE COMMON STOCK USD1.0 1,148
DOLBY LABORATORIES INC CL A COMMON STOCK USD.001 2,339
ELASTIC NV COMMON STOCK EUR.01 3,131
EQUITY COMMONWEALTH REIT USD.01 973
FARFETCH LTD CLASS A COMMON STOCK USD.04 1,985
FIVE BELOW COMMON STOCK USD.01 1,411
FIVERR INTERNATIONAL LTD COMMON STOCK 1,664
GRACO INC COMMON STOCK USD1.0 1,854
GROCERY OUTLET HOLDING CORP COMMON STOCK USD.001 3,710
GUIDEWIRE SOFTWARE INC COMMON STOCK USD.0001 2,488
HEALTHEQUITY INC COMMON STOCK USD.0001 3,498
IRHYTHM TECHNOLOGIES INC COMMON STOCK USD.001 1,959
LIBERTY BROADBAND C COMMON STOCK USD.01 1,984
LIVERAMP HOLDINGS INC COMMON STOCK USD.1 3,916
LYFT INC A COMMON STOCK USD.00001 3,604
NEVRO CORP COMMON STOCK USD.001 2,323
NEW YORK TIMES CO A COMMON STOCK USD.1 2,989
PACIFIC BIOSCIENCES OF CALIF COMMON STOCK USD.0001 3,768

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 PAPA JOHN S INTL INC COMMON STOCK USD.01 $ 2,446
REDFIN CORP COMMON STOCK 1,855
SAILPOINT TECHNOLOGIES HOLDI COMMON STOCK USD.0001 2,279
STATE STREET BANK + TRUST CO SHORT TERM INVESTMENT FUND 2,547
STITCH FIX INC CLASS A COMMON STOCK USD.00002 2,378
TANDEM DIABETES CARE INC COMMON STOCK 3,359
US DOLLAR 1,000
VARONIS SYSTEMS INC COMMON STOCK USD.001 2,853
WIX.COM LTD COMMON STOCK ILS.01 2,325
WYNDHAM HOTELS + RESORTS INC COMMON STOCK USD.01 1,782
Total Jackson Square Partners $ 77,150
Next Century US DOLLAR $ 103
Total Next Century $ 103
AJO Partners AARON S CO INC/THE COMMON STOCK USD.5 $ 17
CTO REALTY GROWTH INC COMMON STOCK USD1.0 29
GAMING AND LEISURE PROPERTIE REIT 3
US DOLLAR 71
Total AJO Partners $ 120
Loomis Sayles ALIBABA GROUP HOLDING SP ADR ADR USD.000025 $ 10,041
ALPHABET INC CL A COMMON STOCK USD.001 5,889
ALPHABET INC CL C COMMON STOCK USD.001 5,900
AMAZON.COM INC COMMON STOCK USD.01 15,223
AUTODESK INC COMMON STOCK USD.01 10,854
AUTOMATIC DATA PROCESSING COMMON STOCK USD.1 1,409
BOEING CO/THE COMMON STOCK USD5.0 9,312
CERNER CORP COMMON STOCK USD.01 3,535
CISCO SYSTEMS INC COMMON STOCK USD.001 3,339
COLGATE PALMOLIVE CO COMMON STOCK USD1.0 3,070
DEERE + CO COMMON STOCK USD1.0 8,103
EXPEDITORS INTL WASH INC COMMON STOCK USD.01 4,763
FACEBOOK INC CLASS A COMMON STOCK USD.000006 12,133
FACTSET RESEARCH SYSTEMS INC COMMON STOCK USD.01 2,995
ILLUMINA INC COMMON STOCK USD.01 4,865
INTUITIVE SURGICAL INC COMMON STOCK USD.001 2,818
MICROSOFT CORP COMMON STOCK USD.00000625 8,381
MONSTER BEVERAGE CORP COMMON STOCK 7,719
NOVARTIS AG SPONSORED ADR ADR 7,160
NOVO NORDISK A/S SPONS ADR ADR 1,814
NVIDIA CORP COMMON STOCK USD.001 10,026
ORACLE CORP COMMON STOCK USD.01 8,032
QUALCOMM INC COMMON STOCK USD.0001 5,930

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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)
Loomis Sayles REGENERON PHARMACEUTICALS COMMON STOCK USD.001 $ 5,551
ROCHE HOLDINGS LTD SPONS ADR ADR CNY1.0 5,729
SALESFORCE.COM INC COMMON STOCK USD.001 8,139
SCHLUMBERGER LTD COMMON STOCK USD.01 2,447
SEI INVESTMENTS COMPANY COMMON STOCK USD.01 3,049
STARBUCKS CORP COMMON STOCK USD.001 5,661
US DOLLAR 813
VISA INC CLASS A SHARES COMMON STOCK USD.0001 12,281
WALT DISNEY CO/THE COMMON STOCK USD.01 7,868
WORKDAY INC CLASS A COMMON STOCK USD.001 3,128
YUM BRANDS INC COMMON STOCK 2,642
YUM CHINA HOLDINGS INC COMMON STOCK USD.01 2,071
Total Loomis Sayles $ 212,690
Black Rock US DOLLAR $ 68
Total Black Rock $ 68
T. Rowe Price ABBVIE INC COMMON STOCK USD.01 $ 3,226
ALPHABET INC CL C COMMON STOCK USD.001 333
AMEREN CORPORATION COMMON STOCK USD.01 1,757
AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5 4,694
ANTHEM INC COMMON STOCK USD.01 385
APPLIED MATERIALS INC COMMON STOCK USD.01 4,554
AVALONBAY COMMUNITIES INC REIT USD.01 866
BANK OF AMERICA CORP COMMON STOCK USD.01 2,087
BECTON DICKINSON AND CO COMMON STOCK USD1.0 3,160
BECTON DICKINSON AND CO PREFERRED STOCK 06/23 6 539
BOEING CO/THE COMMON STOCK USD5.0 1,832
BUNGE LTD COMMON STOCK USD.01 1,842
CATERPILLAR INC COMMON STOCK USD1.0 1,820
CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01 2,356
CHUBB LTD COMMON STOCK 5,305
CISCO SYSTEMS INC COMMON STOCK USD.001 3,441
CITRIX SYSTEMS INC COMMON STOCK USD.001 1,613
COCA COLA CO/THE COMMON STOCK USD.25 1,799
COMCAST CORP CLASS A COMMON STOCK USD.01 2,798
CONAGRA BRANDS INC COMMON STOCK USD5.0 2,308
CONOCOPHILLIPS COMMON STOCK USD.01 1,838
CUMMINS INC COMMON STOCK USD2.5 1,617
CVS HEALTH CORP COMMON STOCK USD.01 2,711
DUPONT DE NEMOURS INC COMMON STOCK USD.01 4,814
ELANCO ANIMAL HEALTH INC COMMON STOCK 1,826
ELANCO ANIMAL HEALTH INC PREFERRED STOCK 02/23 5 62
ENTERGY CORP COMMON STOCK USD.01 2,186

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 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 EQUITABLE HOLDINGS INC COMMON STOCK USD.01 $ 1,890
EXXON MOBIL CORP COMMON STOCK 2,077
FIFTH THIRD BANCORP COMMON STOCK 2,991
FORTUNE BRANDS HOME + SECURI COMMON STOCK USD.01 1,282
FOX CORP CLASS B COMMON STOCK USD.01 1,344
GENERAL ELECTRIC CO COMMON STOCK USD.06 6,799
GILEAD SCIENCES INC COMMON STOCK USD.001 1,066
GOLDMAN SACHS GROUP INC COMMON STOCK USD.01 1,240
HOLOGIC INC COMMON STOCK USD.01 2,351
ILLINOIS TOOL WORKS COMMON STOCK USD.01 1,691
INTERNATIONAL PAPER CO COMMON STOCK USD1.0 3,797
JOHNSON + JOHNSON COMMON STOCK USD1.0 3,670
JPMORGAN CHASE + CO COMMON STOCK USD1.0 2,950
KIMBERLY CLARK CORP COMMON STOCK USD1.25 1,456
KOHLS CORP COMMON STOCK USD.01 1,126
LAS VEGAS SANDS CORP COMMON STOCK USD.001 1,371
MAGNA INTERNATIONAL INC COMMON STOCK 2,503
MARSH + MCLENNAN COS COMMON STOCK USD1.0 2,318
MEDTRONIC PLC COMMON STOCK USD.1 4,428
MERCK + CO. INC. COMMON STOCK USD.5 1,232
METLIFE INC COMMON STOCK USD.01 3,863
MICROSOFT CORP COMMON STOCK USD.00000625 4,879
MORGAN STANLEY COMMON STOCK USD.01 6,776
NEWS CORP CLASS A COMMON STOCK USD.01 1,756
NEXTERA ENERGY INC COMMON STOCK USD.01 3,125
NIELSEN HOLDINGS PLC COMMON STOCK EUR.07 1,144
NXP SEMICONDUCTORS NV COMMON STOCK 1,713
PERRIGO CO PLC COMMON STOCK EUR.001 1,246
PFIZER INC COMMON STOCK USD.05 2,233
PHILIP MORRIS INTERNATIONAL COMMON STOCK 3,243
PIONEER NATURAL RESOURCES CO COMMON STOCK USD.01 1,297
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK 1,288
QUALCOMM INC COMMON STOCK USD.0001 5,623
ROCKWELL AUTOMATION INC COMMON STOCK USD1.0 1,338
ROWE T PRICE GOV RES FD 4,439
SCHLUMBERGER LTD COMMON STOCK USD.01 670
SCHWAB (CHARLES) CORP COMMON STOCK USD.01 3,253
SEMPRA ENERGY COMMON STOCK 1,287
SEMPRA ENERGY PREFERRED STOCK 01/21 6 1,243
SEMPRA ENERGY PREFERRED STOCK 07/21 6.75 320
SIGNATURE BANK COMMON STOCK USD.01 1,445
SL GREEN REALTY CORP REIT USD.01 938
SOUTHERN CO PREFERRED STOCK 08/22 6.75 875
SOUTHERN CO/THE COMMON STOCK USD5.0 5,786

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Appendix of Schedule H – Schedule of Assets (Held at End of Year) December 31, 2020 Edison 401(k) Savings Plan EIN 95-1240335 Plan Number 002

(a) (b) (c) (e)
Identity of Issuer,
Borrower, Lessor, Current Value
or Similar Party Description of Investment Including Maturity Date, Rate of Interest, Par or Maturity Value (in thousands)
T. Rowe Price SOUTHWEST AIRLINES CO COMMON STOCK USD1.0 $ 1,763
STATE STREET CORP COMMON STOCK USD1.0 1,830
STERICYCLE INC COMMON STOCK USD.01 1,049
TC ENERGY CORP COMMON STOCK 1,762
TE CONNECTIVITY LTD COMMON STOCK CHF.57 1,990
TEXAS INSTRUMENTS INC COMMON STOCK USD1.0 3,260
THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1.0 1,652
TJX COMPANIES INC COMMON STOCK USD1.0 2,385
TOTAL SE SPON ADR ADR 4,681
TYSON FOODS INC CL A COMMON STOCK USD.1 2,916
UNITED PARCEL SERVICE CL B COMMON STOCK USD.01 5,482
US DOLLAR 947
WALMART INC COMMON STOCK USD.1 1,792
WALT DISNEY CO/THE COMMON STOCK USD.01 2,776
WELLS FARGO + CO COMMON STOCK USD1.666 5,466
WELLTOWER INC REIT USD1.0 1,338
WEYERHAEUSER CO REIT USD1.25 4,415
ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD.01 2,200
Total T. Rowe Price $ 216,835
Grand Total $ 825,838

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Item 9.01 Financial Statements and Exhibits

(d) Exhibits

EXHIBIT INDEX

Exhibit No. Description
23.1 Consent of Independent Registered Public Accounting Firm – BDO USA, LLP
23.2 Consent of Independent Registered Public Accounting Firm – VASQUEZ & COMPANY LLP

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SIGNATURE

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 29, 2021

EDISON 401 (K) SAVINGS PLAN
By: /s/ Jacqueline Trapp
Jacqueline Trapp
Chair of the Southern California Edison Company
Benefits Committee

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