11-K 1 c-401kplan11xkx12312020.htm 11-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 11-K

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

For the fiscal year ended December 31, 2020

Commission File No. 1-9924

__________________________________

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

CITI RETIREMENT SAVINGS PLAN

Plans Administration Committee

388 Greenwich Street, 15th Floor

New York, NY 10013

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

Citigroup Inc.

388 Greenwich Street

New York, NY 10013

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CITI RETIREMENT SAVINGS PLAN

Financial Statements and Supplemental Schedule

December 31, 2020 and 2019

(With Report of Independent Registered Public Accounting Firm Thereon)

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CITI RETIREMENT SAVINGS PLAN

Financial Statements and Supplemental Schedule

December 31, 2020 and 2019

Table of Contents

			Page
Report of Independent Registered Public Accounting Firm			1
Financial Statements:
Statements of Net Assets Available for Benefits as of December 31, 2020 and 2019			3
Statements of Changes in Net Assets Available for Benefits for the years ended December 31, 2020 and 2019			4
Notes to Financial Statements			5
Supplemental Schedule:*
Schedule H, Line 4i – Schedule of Assets (Held at End of Year) as of December 31, 2020			16
Signatures			80
Exhibit Index			81

*    Other schedules required by Form 5500 which are not applicable have been omitted

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Report of Independent Registered Public Accounting Firm

To the Plan Participants and Plan Administrator

Citi Retirement Savings Plan :

Opinion on the Financial Statements

We have audited the accompanying statements of net assets available for benefits of the Citi Retirement Savings Plan (the Plan) as of December 31, 2020 and 2019, the related statements of changes in net assets available for benefits for the years then ended, 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, 2020 and 2019, and the changes in net assets available for benefits for the years then ended, in conformity with U.S. generally accepted accounting principles.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on these financial statements based on our audits. We 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 audits 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 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 the 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.

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Accompanying Supplemental Information

The Schedule H, Line 4i - Schedule of Assets (Held at End of Year) as of December 31, 2020, has been subjected to audit procedures performed in conjunction with the audit of the Plan’s financial statements. 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, 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 is fairly stated, in all material respects, in relation to the financial statements as a whole.

/s/ KPMG LLP

We have served as the Plan's auditor since 1987.

New York, New York

June 11, 2021

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CITI RETIREMENT SAVINGS PLAN

Statements of Net Assets Available for Benefits

December 31, 2020 and 2019

			2020						2019
Assets:
Investments, at fair value			$	16,003,697,092					$	14,291,607,201
Investments in fully benefit-responsive investment contracts,
at contract value			1,240,490,005						1,182,833,239
Total investments			17,244,187,097						15,474,440,440
Receivables:
Employer contributions			412,595,682						402,568,288
Interest and dividends			4,350,142						5,622,482
Receivable for securities sold			1,116,427						4,999,699
Participant contributions			280,095						1,185,280
Participant loans			208,094,290						218,679,932
Total receivables			626,436,636						633,055,681
Total assets			17,870,623,733						16,107,496,121
Liabilities:
Payable for securities purchased			3,600,949						3,821,531
Other investment liabilities			3,126,478						2,795,556
Payable for trustee, administrative fees and other			3,452,970						6,217,528
Total liabilities			10,180,397						12,834,615
Net assets available for benefits			$	17,860,443,336					$	16,094,661,506
See accompanying notes to financial statements.

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CITI RETIREMENT SAVINGS PLAN

Statements of Changes in Net Assets Available for Benefits

Years Ended December 31, 2020 and 2019

			2020						2019
Additions to net assets attributable to:
Investment income :
Dividends			$	51,652,428					$	57,703,616
Interest			28,133,351						30,706,937
Net appreciation in fair value of investments			1,753,373,085						2,838,984,942
Net investment income			1,833,158,864						2,927,395,495
Interest income on loans receivable from participants			11,576,001						11,806,646
Contributions:
Employer			412,635,925						402,694,653
Participants			580,330,063						552,985,916
Rollover			53,897,843						45,069,668
Total contributions			1,046,863,831						1,000,750,237
Total additions to net assets			2,891,598,696						3,939,952,378
Deductions from net assets attributable to:
Distributions to participants			1,091,754,385						1,132,756,551
Trustee and administrative expenses			13,187,648						14,804,684
Dividends paid directly to participants			20,874,833						18,910,112
Total deductions from net assets			1,125,816,866						1,166,471,347
Net increase			1,765,781,830						2,773,481,031
Net assets available for benefits at:
Beginning of year			16,094,661,506						13,321,180,475
End of year			$	17,860,443,336					$	16,094,661,506
See accompanying notes to financial statements.

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

(1)Description of the Plan

The following brief description of the Citi Retirement Savings Plan (the Plan) is provided for general information purposes only. Participants should refer to the Plan's Summary Plan Description and legal plan document for a more complete description of the Plan.

(a)    General

The Plan was established in 1987 and is a defined contribution plan designed to encourage savings on the part of eligible employees. The Plan covers eligible employees of Citigroup Inc. (the Company), its subsidiaries and affiliates. The Company is the Plan Sponsor, as defined by the Plan document. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974, as amended (ERISA), and the Internal Revenue Code of 1986, as amended (the Code). The Plan is designed to comply with Section 404(c) of ERISA and the related regulations.

The Plan was initially designed as an Employee Stock Ownership Plan (ESOP) within the meaning of Section 4975(e)(7) of the Code. Effective March 1, 2003, the Plan consists of an ESOP component and a non‑ESOP component. The ESOP component consists of any amount invested in the Citigroup Common Stock Fund under the Plan.

Bank of New York Mellon is the trustee and the custodian of the Plan. The Plan is administered by Alight Solutions Inc. a third‑party administrator.

(b)    Eligibility

Eligible employees generally include (1) employees working in the U.S. and paid from a Company payroll or (2) U.S. citizens or lawful permanent residents of the U.S. performing services overseas in an expatriate employment classification in each case who are performing services for the Company and participating subsidiaries, as defined in the Plan document.

During 2020 and at December 31, 2019, full‑time employees or part‑time employees scheduled to work 20 or more hours a week were eligible to participate on the first day of the first pay period after the participant became an employee of the Company. Part‑time employees scheduled to work fewer than 20 hours a week were eligible to participate in the Plan on January 1 or July 1 after the employee was credited with at least 1,000 hours of service during the first 12 months with the Company or at least 1,000 hours of service in any calendar year beginning after the employee’s date of hire.

On and after January 1, 2021, full-time and part-time employees are eligible to participate on the first day of the first pay period after the participant becomes an employee of the Company.

(c)    Employee Contributions

Eligible employees may defer on a before-tax and/or Roth basis a portion of their eligible pay, which generally includes overtime, commissions, shift differential pay, and periodic incentive bonuses, in any 1% increment, by an amount up to 50% of their eligible compensation in a whole percentage up to the maximum permitted by law.

Newly hired and rehired eligible employees are automatically enrolled in the Plan at a 6% before-tax contribution rate unless they otherwise enroll themselves or opt out of the Plan. Participants who are automatically enrolled in the Plan, but do not make an investment election, are invested in the Plan’s default investment, which is the Plan’s “target retirement date” fund consistent with the participant’s projected year of retirement. Further, unless the participant elects a different rate, for employees who

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

are automatically enrolled, their contribution rate is automatically increased by 1% annually until they reach a before-tax contribution rate of 15%.

Catch‑up contributions are permitted in accordance with Section 414(v) of the Code. Participants who are over age 50 by the end of the Plan year can contribute up to 49% of their eligible pay up to the applicable statutory limit. There is no automatic enrollment for catch‑up contributions.

(d)    Employer Contributions

During 2020 and 2019, employer contributions consisted of three components: the Company matching contribution, fixed contribution, and transition contribution. A one‑time Company contribution is also provided to certain grandfathered participants on a limited basis when they become eligible.

The Company matching contribution was equal to 100% of the participant’s before-tax and/or Roth contributions up to 6% of the participant’s eligible compensation (up to the annual compensation maximum set by the Code) for eligible employees at all compensation levels. Company matching contributions did not exceed the lesser of the participant’s contribution or 6% of the participant’s eligible compensation up to the statutory limit. Catch‑up contributions are not subject to matching contributions. Participants must contribute to the Plan to receive Company matching contributions.

A fixed contribution of up to 2% of eligible pay is credited to the Plan accounts of eligible employees whose qualifying annual compensation, as defined in the Plan, is $100,000 or less.

An annual transition contribution is credited to the Plan accounts of certain employees who were eligible to receive benefits under the Plan, the Citigroup Pension Plan, and the Citigroup Ownership Program in 2007, prior to the Plans’ redesign. If an employee’s total benefit opportunity under the three programs was greater than his or her benefit opportunity under the Plan, an additional transition contribution is credited. Participants receiving this transition contribution generally have long service and must be continuously employed by the Company since December 31, 2006.

At December 31, 2020, the employer contribution receivable was $412.6 million; whereas, at December 31, 2019, the employer contribution receivable was $402.6 million. Company contributions relating to 2020 and 2019 were received and credited to participant accounts during the first quarter of 2021 and 2020, respectively.

(e)    Participant Accounts

The Plan maintains a separate account for each participant, to which contributions, expenses, investment gains and losses are allocated.

Participants may elect to invest their account balance among the investment fund options offered under the Plan in whole increments of 1%.

A participant may elect to suspend or resume his or her contributions, subject to the Plan’s notice requirements. In addition, a participant may change the rate of his or her contributions, subject to the Plan’s notice requirements, and may elect to change the allocation of future contributions among the funds daily. A participant may also elect to transfer the value of his or her contributions in whole increments of 1% to other Plan investment funds, subject to certain restrictions.

Changes requested by participants are implemented as soon as administratively practicable, in accordance with the Plan document.

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

(f)    Rollover and Transfer Contributions

The Plan permits participants to have their interests in other qualified plans or Individual Retirement Account (IRA) rolled over to the Plan. Such transfers or rollovers to the Plan may only be made with the approval of the Plan’s management and do not affect any other contributions made by or on behalf of a participant.

Of the participant contributions reported in 2020 and 2019, $53.9 million and $45.1 million, respectively, related to rollover contributions into the Plan.

(g)    Investment Options

Plan assets are held in a trust fund and are invested in the investment options offered under the Plan at the direction of Plan participants, in accordance with the Plan document.

Subject to certain restrictions for the BlackRock Cash Funds: Treasury and the BNY Mellon Stable Value Fund, Plan participants may move a portion or all of their account balances among the Plan’s investment options through a fund transfer, reallocation or rebalance, generally not more frequently than once every seven calendar days.

Restrictions are subject to change at any time depending on generally applicable Plan rules or the requirements of the funds.

To the extent required by the compliance procedures of a mutual fund to ensure the fund’s adherence to the market timing rules mandated by the Securities and Exchange Commission and upon request by a mutual fund, the Plan may provide reports to the fund detailing Plan participants’ trading activity in that particular fund. The Company also may restrict the ability of certain Plan participants to invest in or divest from the Citigroup Common Stock Fund.

In general, no investment-related transaction costs are associated with the Plan, though the funds have the right to impose redemption fees, should they decide to do so.

The Plan does not directly participate in securities lending programs; however, there are investment funds that engage in securities lending which are available to Plan participants. The investment manager for an investment option determines the terms of, and the extent to which, securities lending is used. Engaging in securities lending is intended to benefit Plan participants investing in such investment offering.

Effective November 15, 2019, the Brandywine Global Bond Fund was eliminated as an investment option and the assets were mapped to the Plan’s Qualified Default Investment Alternative (QDIA), the BFA LifePath Funds based on the participant’s age.

Effective November 15, 2019, the BFA LifePath 2020 Fund was eliminated as an investment option, and the assets were mapped to the BFA LifePath Retirement Fund.

Effective November 15, 2019, BFA LifePath 2060 Fund was added as an investment option.

Effective November 15, 2019, the BlackRock Global ESG Index was added as an investment option.

Effective November 15, 2019, the Core Plus Bond Fund was added as an investment option. The Core Plus Bond Fund has 70% of the assets allocated to the Fidelity Advisors Total Bond Fund Class Z (Ticker: FBKWX) and 30% of its assets allocated to the PIMCO Income Fund Class I (Ticker: PIMIX).

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

Effective September 30, 2020, the Dodge & Cox International Stock Fund was removed as a component of the Non-US Large Cap Fund and replaced with MFS International Equity.

Effective March 22, 2021, Vulcan Value Partners and Los Angeles Capital Management were removed as managers for the Small Cap US Equity Fund and replaced by Principal Global Investors.

(h)    Vesting

The rights of a participant to his or her own contributions and any earnings thereon are at all times fully vested and non-forfeitable.

Company fixed and transition contributions, as described in note 1(d), vest according to the following schedule:

•Upon completion of three years of service, any fixed and/or transition contributions made on a participant’s behalf will be immediately vested;

•    If a participant reaches age 55, dies or becomes disabled while in service;

•    In the case of a full or partial termination of the Plan or complete discontinuance of contributions under the Plan.

Once a participant is vested in his or her Company contributions, those contributions are available for distribution or rollover once he or she leaves the Company or is otherwise eligible to take a distribution, as more fully described in notes 1(k) and (l).

(i)    Forfeited Accounts

Forfeitures may be used to offset expenses of the Plan. During 2020 and 2019, $714,038 and $1,071,626, respectively, of forfeitures were used to offset Plan expenses. As of December 31, 2020 and 2019, unallocated forfeitures were $119,292 and $547,433, respectively.

(j)    Loans Receivable from Participants

Subject to the Plan’s provisions and the requirements contained within ERISA and the Code, participants may apply for up to two loans from the Plan at a fixed annual interest rate equal to the prime rate, as published in The Wall Street Journal for the fifteenth business day of the month in which the loan application is initiated, plus 1%. Loans may be made for a minimum amount of $1,000, the maximum of which would be the lesser of 50% of the participant’s vested account balance or $50,000, less the highest outstanding loan balance in the previous twelve months. Loans receivable from participants as of December 31, 2020 and 2019 bore interest rates from 4.25% to 10.50%. Loan terms range from 1 to 5 years for general-purpose loans or up to 20 years for the purchase of a primary residence.

Loans receivable from participants are valued at unpaid principal plus any accrued but unpaid interest.

Each loan is secured through the vested balance in the participant’s Plan account. If a participant defaults on his or her loan by failing to make timely repayments, the outstanding principal and interest due on the loan is treated as a deemed distribution and reported as a taxable distribution to the participant as soon as administratively practicable in the year of default. If the participant has an outstanding loan and takes a distribution of his or her Plan benefit, the outstanding principal and interest due on the loan is deducted from the account balance before an amount is distributed to the participant.

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

A participant applying for a loan through the Plan will be charged a $50 loan application fee. The loan application fee is nonrefundable and will be used to offset the administrative expenses associated with the loan. The fee will be deducted from the participant’s Plan account at the time his or her loan request is processed. Plan participants who reside in Florida may be subject to a nominal tax imposed by Florida law, which is deducted from the participant’s Plan account at the time his or her loan request is processed as soon as administratively practicable.

(k)    Withdrawals

Prior to termination of employment, a participant may withdraw, subject to the Plan’s notice requirements, all or a portion of the vested value of his or her participant account if the participant has attained age 59½ or becomes totally and permanently disabled, or a certain portion of the value of his or her participant account in the event of demonstrated financial hardship, subject to the Plan’s provisions. Withdrawals to which a participant is entitled are the amounts that can be provided by the contributions and income thereon (including net realized and unrealized investment gains and losses) allocated to each participant’s account, less allocated expenses. Withdrawals from the Citigroup Common Stock Fund and the State Street Common Stock Fund may be paid in either shares of common stock or cash at the discretion of the participant, with the exception of a hardship withdrawal, which must be paid in cash. Fractional shares and withdrawals from other funds are paid in cash.

(l)    Distributions

A participant, after leaving the Company, can have the total of his or her vested account distributed in accordance with the provisions of the Plan. The value of this distribution will be based on the value of the participant's vested account at the valuation date that coincides with the distribution to the extent administratively practicable.

If the value of a participant’s account exceeds $5,000, the participant may elect to defer the commencement of his or her distribution until the date he or she must take the first required minimum distribution (RMD). If the participant is still employed at RMD age, minimum distributions must commence when the participant retires or otherwise separates from service.

If the value of a participant’s account is at least $1,000 and does not exceed $5,000, the Plan will automatically roll the participant’s account over to an IRA, if the participant does not elect otherwise within 90 days of receiving a notice from the Plan. However, if the Plan participant is age 65 or older and his or her account balance is $5,000 or less, the Plan will distribute his or her account as a lump‑sum distribution and withhold the applicable taxes. If the value of a participant’s account is less than $1,000, the Plan will distribute the participant’s account upon termination of employment, unless otherwise instructed.

Distributions to which a participant is entitled are the vested amounts that can be provided by the contributions and income thereon (including net realized and unrealized investment gains and losses) allocated to each participant’s account, less allocated expenses. Fractional shares and distributions from other funds are paid in cash.

(2)    Summary of Significant Accounting Policies

(a)    Basis of Accounting

The accompanying financial statements have been prepared under the accrual basis of accounting and displayed in US dollars.

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

(b)    Use of Estimates

The preparation of the financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires the Plan’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities, changes therein, and disclosure of contingent assets and liabilities at the date the financial statements are prepared. Actual results could differ from those estimates and assumptions. Significant estimates inherent in the preparation of the financial statements include the fair value of investments.

(c)    Investment Valuation and Income Recognition

Investments held by the Plan are generally stated at fair value with the exception of fully benefit-responsive investment contracts, which according to GAAP are stated at contract value.

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

Equity investments traded on national securities exchanges are valued at their closing market prices. When no trades are reported, they are valued at the most recent bid quotation; securities traded in the over‑the‑counter market are valued at their last sale or bid price. This includes U.S. and non‑U.S. equities in separately managed accounts.

The shares of common stock held by the Citigroup Common Stock Fund and the State Street Common Stock Fund are valued at the last reported sale price on the New York Stock Exchange on the last business day of the year.

Mutual funds are valued at the net asset value (NAV) reported in the active market where the fund is traded on a daily basis. Exchange-traded funds are valued at last sale price.

Collective trust funds are determined to have readily determinable fair values and valued based on NAV. Participant‑directed redemptions from these collective trust funds generally can be made daily, subject to a Plan imposed 7‑day minimum holding period on investments (other than BNY Mellon Stable Value Fund related investments which have a longer holding period).

Purchases and sales of investments are recorded on a trade-date basis. Securities purchased or sold near year-end may result in payments on these securities not being made or received until after the Plan’s year-end. The amounts of such payments are recorded as payables or receivables as of year-end in the statements of net assets available for benefits. Interest income is recorded as earned on the accrual basis. Dividend income is recorded on the ex-dividend date.

Pending foreign exchange purchases are marked to market based upon year-end forward exchange rates.

(d)    Fair Value of Other Assets and Liabilities

The carrying value of other assets and liabilities approximates fair value because of the short-term nature of these items.

(e)    Payment of Benefits

Benefits are recorded when paid.

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

(3)    Guaranteed Investment Contracts (GIC)

The Plan’s BNY Mellon Stable Value Fund (Fund) is a custom investment vehicle that invests in fully benefit‑responsive investment contracts, which are synthetic GICs issued by insurance companies.

The Plan’s GICs consist of the underlying investments, which are fixed-income securities owned directly by the Plan and “wrapper” contracts purchased from the insurance companies. The wrapper contracts guarantee full payment of principal and interest and provide an interest crediting rate of not less than zero. The wrapper contracts amortize the realized and unrealized gains and losses on the underlying fixed income investments over the duration of the investments, through adjustments to the future interest crediting rate. These investments are credited with earnings on the underlying investments and charged for participant withdrawals and administrative expenses. Participants may ordinarily direct the withdrawal or transfer of all or a portion of their investment at contract value.

There are no reserves against contract value for credit risk of the contract issuers or otherwise.

An investment contract is considered fully benefit‑responsive if all of the following criteria are met:

•    The investment contract is between the Fund and the issuer and the contract cannot be sold or assigned.

•    The contract issuer must be obligated to repay principal and interest to participants in the Fund or provide prospective crediting rate adjustments that cannot result in an interest crediting rate less than zero.

•    All permitted participant‑initiated transactions occur at contract value, without limitations.

•    An event that limits the ability of the participant to transact at contract value is not probable.

•    The Fund must allow participants reasonable access to their funds.

The Plan’s management has concluded that the GICs are fully benefit‑responsive investment contracts and has reported such contracts at contract value, as shown in the table below:

						2020						2019
Synthetic GICs						$	1,240,490,005					$	1,182,833,239

In addition, the Fund owns units of the Bank of New York Mellon Short‑Term Investment Fund, which serves as the Fund’s short‑term liquidity vehicle, included in the fair value hierarchy table in cash equivalents and short-term investments.

(4)    Fair Value Measurements

FASB Accounting Standards Codification (ASC) 820, Fair Value Measurement, provides a framework for measuring fair value, which provides a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are described below:

•    Level 1 – Quoted prices for identical instruments in active markets.

•    Level 2 – Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model‑derived valuations in which all significant inputs and significant value drivers are observable in active markets.

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

•    Level 3 – Valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

This hierarchy requires the Plan’s management to use observable market data, when available, and to minimize the use of unobservable inputs when determining fair value. As required by ASC 820, assets are classified in their entirety based on the lowest level of input that is significant to the fair value measurement.

The methods described above may produce a fair value measurement that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

The table below categorizes the Plan’s investments by level within the fair value hierarchy as of December 31, 2020.

						December 31, 2020
						Level 1									Level 2												Total
Investments, at fair value:
Cash equivalents and short-term investments			$			404,319						$			76,428,116									$			76,832,435
Collective trust funds						—									13,359,115,850												13,359,115,850
U.S. equities						965,934,685									—												965,934,685
Non-U.S. equities						639,740,625									—												639,740,625
Mutual funds and other registered investment companies						962,073,497									—												962,073,497
Investments, at fair value			$			2,568,153,126						$			13,435,543,966									$			16,003,697,092
Other investment liabilities			$			(284,996)						$			(2,841,482)									$			(3,126,478)

The table below categorizes the Plan’s investments by level within the fair value hierarchy as of December 31, 2019.

						December 31, 2019
						Level 1									Level 2												Total
Investments, at fair value:
Cash equivalents and short-term investments			$			338						$			100,113,818									$			100,114,156
Collective trust funds						—									11,700,443,216												11,700,443,216
U.S. equities						1,034,637,823									—												1,034,637,823
Non-U.S. equities						526,696,186									—												526,696,186
Mutual funds and other registered investment companies						929,715,820									—												929,715,820
Investments, at fair value			$			2,491,050,167						$			11,800,557,034									$			14,291,607,201
Other investment liabilities			$			(1,062,328)						$			(1,733,228)									$			(2,795,556)

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

There were no transfers or reclassifications of investments between levels within the fair value hierarchy during the years ended December 31, 2020 and 2019, and there were no changes in valuation methodologies used to measure the fair value of the Plan’s investments as of and for the years ended December 31, 2020 and 2019.

(5)    Administrative Expenses

Plan provisions allow for administrative expenses, including, but not limited to, audit fees, custodial and trustee fees, investment manager fees, and recordkeeping fees to be paid by the Plan and allocated to participant accounts. Expenses related to monthly investment service fees and loan fees are charged to participants’ investment balances and are reflected in the value of their participant accounts. These expenses are reported in trustee and administrative expenses in the statements of changes in net assets available for benefits, or if paid by the investment funds, are included in net appreciation in fair value of investments.

Any expenses not borne by the Plan are paid by the Company.

(6)    Risks and Uncertainties

The Plan invests in a variety of investment securities. Investment securities, in general, are exposed to various risks, such as interest rate, credit, foreign exchange and overall market volatility risk. Due to the level of risk associated with certain investment securities, it is reasonable to expect that changes in the values of investment securities will occur in the near term and that such changes could materially affect participant account balances and the net assets available for plan benefits.

The Plan’s exposure to a concentration of credit risk is limited by the diversification of investments across participant‑directed fund elections and one election that is closed to new contributions. Additionally, the investments within each investment fund option are further diversified into varied financial instruments, with the exception of the Citigroup Common Stock Fund and State Street Common Stock Fund, which primarily invest in the securities of a single issuer. At December 31, 2020 and 2019, approximately 4% and 5% of the Plan’s total investments were invested in Citigroup common stock, respectively.

Plan investments include a variety of investments that may directly or indirectly invest in securities with contractual cash flows. The value, liquidity, and related income of these securities are sensitive to changes in economic conditions and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.

(7)    Party‑in‑Interest Transactions

Certain Plan investments are units of the Citigroup Common Stock Fund, which consists of common stock issued by the Company. The Plan’s investment in the Citigroup Common Stock Fund was $671.8 million and $714.8 million at December 31, 2020 and December 31, 2019, respectively.

The Plan held no direct investments through other investment options in the Company’s common stock at December 31, 2020 and December 31, 2019. However, certain of the collective trust funds and mutual funds may have invested in Citigroup common stock if consistent with the fund's objective. In 2020 and 2019, the Company paid $20.9 million and $18.9 million, respectively, to the participants for dividends on common stocks held directly.

At December 31, 2020 and 2019, the Plan held $73.0 million and $97.2 million, respectively, of the Bank of New York Mellon Short-Term Investment Fund. At December 31, 2020 and 2019, the Plan also held through synthetic GICs $648,474 and $687,088, respectively, Bank of New York Mellon corporate bonds, and Bank of New York Mellon Short-Term Investment Fund.

13

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CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

These transactions qualify as exempt party-in-interest transactions.

(8)    Tax Status

The Internal Revenue Service (the IRS) has determined and informed the Plan by a letter dated April 8, 2016 that the Plan as amended and restated effective January 1, 2014 and related trust are established in accordance with applicable sections of the Code and, therefore, the Plan qualifies as tax‑exempt under Section 401(a) of the Code. Although the Plan has been amended since receiving the favorable determination letter, the Plan's management and the Plan's legal counsel believe that the Plan, as amended, continues to be qualified as tax-exempt and continues to operate in compliance with the applicable requirements of the Code. Therefore, no provision for income taxes is included in the Plan’s financial statements.

GAAP requires the Plan’s management to evaluate tax positions taken by the Plan and recognize a tax liability (or asset) if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan’s management has concluded that, as of December 31, 2020 and 2019, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

The Plan is subject to audits by taxing jurisdictions. There is an examination of the Plan by the U.S. Department of Labor, Employee Benefits Security Administration in progress. The Company believes the Plan is no longer subject to tax examination for years prior to 2017.

(9)    Plan Termination

Although it has not expressed any intention to do so, the Plan Sponsor has the right under the Plan to amend or discontinue its contributions at any time and to amend or terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, either full or partial, all amounts credited to the impacted participants’ accounts will become 100% vested and, therefore, will not be subject to forfeiture.

(10)     Subsequent Events

    The Plan's management evaluated subsequent events through the date on which the financial statements were issued, and determined that, other than those disclosed throughout the financial statements, no additional disclosures were required.

(11)    Reconciliation of Financial Statements to Form 5500

The following is a reconciliation of amounts reported in the financial statements to amounts reported on Form 5500 as of and for the years ended December 31, 2020 and 2019:

						2020						2019
Net assets available for benefits per the financial statements						$	17,860,443,336					$	16,094,661,506
Adjustment from contract value to fair value for fully benefit-responsive investment contracts						53,562,265						19,131,782
Net assets available for benefits per the Form 5500						$	17,914,005,601					$	16,113,793,288
Net increase in net assets available for benefits per the financial statements						$	1,765,781,830					$	2,773,481,031
Prior year adjustment from contract value to fair value for fully benefit-responsive investment contracts						(19,131,782)						16,740,381
Current year adjustment from contract value to fair value for fully benefit-responsive investment contracts						53,562,265						19,131,782
Net increase in net assets per Form 5500						$	1,800,212,313					$	2,809,353,194

14

---

CITI RETIREMENT SAVINGS PLAN

Notes to Financial Statements

December 31, 2020 and 2019

(12)    Coronavirus Aid, Relief, and Economic Security (CARES) Act

On March 27, 2020, the CARES Act was signed into law and, among other things, included several relief provisions available to tax-qualified retirement plans and their participants. Plan management evaluated the relief provisions available to plan participants under the CARES Act and implemented the following provisions:

•Special coronavirus distributions up to $100,000 beginning on or after January 1, 2020 and before December 31, 2020

•Increased the available loan amount to the lesser of $100,000 or 100% of the participant's vested account balance

•Extended the period for loan repayments, if applicable, up to one year.

15

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CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Cash equivalents and short-term investments:
			Bny Mellon Cash Reserve									404,319						$	404,319
			Brazil Real									4,415,172						850,098
			Canadian Dollar									60,687						47,635
			Danish Krone									4,700						773
			Euro Currency Unit									4,518						5,528
			Hong Kong Dollar									1,328,305						171,309
			Japanese Yen									22,909,820						221,897
			Mexican Peso									40						2
			New Taiwan Dollar									3,697,865						131,606
			New Zealand Dollar									6,848						4,931
			Polish Zloty									85						23
			Pound Sterling									34,605						47,303
			South African Rand									12,730						867
			Thailand Baht									146,639						4,894
			Turkish Lira									2,579,391						347,042
			U.S. Dollar									1,609,399						1,609,399
*			Collective Us Gov'T Stif 15			0.51		%				72,984,809						72,984,809
			Total cash equivalents and short-term investments															$	76,832,435
			Collective trust funds:
			BFA Lifepath Index 2025 Fund									15,599,741						$	384,803,490
			BFA Lifepath Index 2030 Fund									16,585,548						455,978,187
			BFA Lifepath Index 2035 Fund									17,014,873						451,933,731
			BFA Lifepath Index 2040 Fund									16,460,252						485,881,935
			BFA Lifepath Index 2045 Fund									21,358,508						593,091,599
			BFA Lifepath Index 2050 Fund									18,144,832						416,021,079
			BFA Lifepath Index 2055 Fund									8,104,167						241,497,683
			BFA Lifepath Index 2060 Fund									987,798						17,144,414
			BFA Lifepath Index Retirement Fund									20,941,398						512,417,152
			Blackrock EAFE Equity Fund									21,379,204						1,050,715,204
			Blackrock Emerging Markets Fund									29,417,819						435,960,308
			Blackrock Msci Acwi Esg Focus									1,436,871						20,663,492
			Blackrock Roll Select Fund									3,973,026						37,662,699
			Blackrock Russell 2000 Fund									10,283,515						641,452,742
			Blackrock Russell 3000 Fund									15,149,983						1,153,939,366
			Blackrock S&P 400 Index Fund									8,052,364						910,667,500
			Blackrock S&P 500 Index Fund									53,126,841						3,957,157,779

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

16

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Blackrock US Debt Fund									31,094,081						1,132,794,680
			Blackrock US TIPS Fund									10,457,462						257,771,207
			Schroder Collective Invt Trust									8,941,699						115,526,746
			Wellington CIF II Citigroup Emerging Markets Debt Portfolio									6,145,347						86,034,857
			Total collective trust funds															$	13,359,115,850
			Mutual funds:
			BlackRock Cash Funds: Treasury									673,286,864						$	673,286,864
			Blackrock Hi Yield Bond Port-K									9,397,396						73,299,687
			DFA Emerging Markets Portfolio									3,213,901						78,258,488
			Fidelity Advisor Total Bond-Z									1,586,054						17,922,410
			Ishares Msci Eafe Small-Cap									24,516						1,675,652
			Prudential High Yield Fund									6,665,046						36,724,401
			Pimco Income Fund-Institutional									638,774						7,735,554
			T Rowe Price Institutional High Yield									8,295,968						73,170,441
			Total mutual funds															$	962,073,497
			Non-U.S. equities:
			21Vianet Group Inc									41,171						$	1,428,220
			360 Digitech Inc									103,015						1,214,541
			3I Group Plc									59,218						937,382
			Aalberts Nv									5,395						240,665
			Abb Ltd									75,680						2,115,557
			Abcam Plc									37,912						803,276
			Academedia Ab									8,250						85,393
			Accenture Plc									16,283						4,253,307
			Accton Technology Corp									24,920						280,260
			Advantech Co Ltd									23,821						296,719
			Adyen Nv									1,156						2,695,209
			Aedas Homes Sa									11,389						294,026
			Aem Holdings Ltd									66,723						174,172
			Affimed Nv									8,372						48,727
			African Rainbow Minerals Ltd									29,142						519,629
			Aia Group Ltd									637,169						7,806,580
			Aida Engineering Ltd									18,878						176,632
			Aier Eye Hospital Group Co Ltd									23,525						269,389
			Air Arabia Pjsc									483,549						168,505
			Air Liquide Sa									30,410						4,995,205

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

17

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Airtac International Group									28,907						925,921
			Aixtron Se									50,229						876,696
			Aj Bell Plc									43,828						259,710
			Akbank T.A.S.									109,916						102,485
			Alcon Inc									49,181						3,273,741
			Alibaba Group Holding Ltd									162,842						6,755,642
			Alibaba Health Information Technology Ltd									275,117						812,524
			A-Living Smart City Services Co. Ltd									303,277						1,345,491
			Alkermes Plc									4,464						89,049
			Allegro.Eu Sa									37,456						851,452
			Also Holding Ag									1,239						354,499
			Alstom Sa									23,510						1,340,771
			Altus Group Ltd									9,359						360,998
			Amadeus It Group Sa									75,693						5,516,078
			Ambarella Inc									2,140						196,540
			Ambea Ab									35,064						277,945
			Amber Enterprises India Ltd									2,676						86,182
			Ambev Sa									125,760						384,826
			Ambu A/S									22,200						960,492
			Amplifon Spa									36,907						1,537,184
			Ams Ag									21,141						463,016
			Anritsu Corp									25,970						579,545
			Ansell Ltd									44,500						1,194,284
			Aon Plc									19,281						4,073,611
			Arca Continental Sab De Cv									256,283						1,223,954
			Arcelormittal Sa									48,411						1,118,317
			Argo Graphics Inc									4,395						137,708
			Aruhi Corp									14,883						260,769
			Ascential Plc									168,519						884,570
			Asiainfo Technologies Ltd									97,088						139,487
			Asian Paints Ltd									11,839						447,928
			Askul Corp									12,985						484,211
			Asm International Nv									3,877						853,527
			Asmedia Technology Inc									8,971						501,275
			Asml Holding Nv									8,493						4,142,170
			Asos Plc									13,203						863,215
			Aspeed Technology Inc									7,974						486,730
			Asr Nederland Nv									5,993						240,884

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

18

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Assured Guaranty Ltd									23,598						743,112
			Atlas Copco Ab									53,659						2,751,373
			Aumann Ag									2,714						37,921
			Austal Ltd									230,522						474,947
			Autobio Diagnostics Co Ltd									6,637						147,331
			Autohome Inc									16,862						1,679,817
			Avanza Bank Holding Ab									21,113						598,992
			Avast Plc									137,689						1,011,653
			Axfood Ab									15,227						355,630
			Axis Capital Holdings Ltd									11,979						603,611
			B2W Cia Digital									119,009						1,732,372
			B3 Sa - Brasil Bolsa Balcao									52,731						629,213
			Banco Bradesco Sa									549,560						2,887,517
			Banco Del Bajio Sa									167,893						233,148
			Bank Central Asia Tbk Pt									391,345						942,843
			Bank Mandiri Persero Tbk Pt									2,381,153						1,071,937
			Bank Of Georgia Group Plc									20,627						343,996
			Bank Of Nt Butterfield & Son Ltd									21,335						664,812
			Barco Nv									9,111						198,642
			Bawag Group Ag									17,592						817,926
			Baycurrent Consulting Inc									3,596						630,046
			Bayer Ag									26,946						1,587,666
			Beiersdorf Ag									16,229						1,875,325
			Beijer Ref Ab									3,460						158,580
			Beijing Enterprises Urban Resources Group Ltd									938,918						268,821
			Beijing Oriental Yuhong Waterproof Technology									39,623						235,079
			Best World International Ltd									358,687						369,095
			Bhp Group Plc									48,061						1,264,662
			Biffa Plc									71,653						224,788
			Biogaia Ab									4,065						265,822
			Biohaven Pharmaceutical Holding Co Ltd									1,639						140,440
			Biomerieux									1,344						189,833
			Bnp Paribas Sa									19,349						1,020,505
			Boa Vista Servicos Sa									83,903						204,339
			Brunello Cucinelli Spa									4,806						209,950
			Bw Lpg Ltd									92,780						639,344
			Bwp Trust									138,772						473,309

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

19

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Bytes Technology Group Plc									47,194						216,113
			Cae Inc									45,810						1,268,218
			Cairn Homes Plc									250,013						294,279
			Canadian National Railway Co									32,088						3,524,761
			Canadian Pacific Railway Ltd									12,999						4,506,472
			Cancom Se									4,254						236,104
			Capcom Co Ltd									10,288						667,641
			Capgemini Se									12,770						1,981,262
			Cardtronics Plc									4,181						147,596
			Carel Industries Spa									25,567						599,988
			Carlsberg As									15,386						2,466,406
			Centre Testing International G									95,294						398,820
			Chacha Food Co Ltd									25,817						212,584
			Chailease Holding Co Ltd									45,853						274,158
			Changzhou Xingyu Automotive Lighting									6,878						210,867
			Charter Hall Group									69,918						793,642
			Check Point Software Technologies Ltd									11,714						1,556,863
			Cheng Loong Corp									259,701						314,251
			Chicony Power Technology Co Ltd									65,924						165,643
			China Education Group Holdings									87,719						169,015
			China Feihe Ltd									172,801						404,711
			China International Capital Co									266,744						722,432
			China Meidong Auto Holdings Ltd									75,757						307,763
			China Merchants Bank Co Ltd									59,808						377,954
			China Resources Mixc Lifestyle									80,307						372,338
			China Tourism Group Duty Free									11,962						516,615
			Chongqing Zhifei Biological Pr									9,470						214,174
			Cia Brasileira De Distribuicao									72,667						1,049,950
			Cia De Saneamento Basico Do Es									90,511						774,389
			Cicc Fin Trad Ltd Idx/Lkd Nts									236,641						1,393,626
			Cie Automotive Sa									7,745						209,051
			Cie Financiere Richemont Sa									15,210						1,377,881
			Cimpress Plc									2,724						239,027
			Clicks Group Ltd									16,033						275,786
			Coats Group Plc									147,830						135,997
			Coca-Cola Bottlers Japan Holdings Inc									8,191						127,644
			Coca-Cola European Partners Plc									29,916						1,490,696
			Cochlear Ltd									2,463						359,232

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

20

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Codemasters Group Holdings Plc									33,703						301,301
			Cofinimmo Sa									4,724						703,944
			Compass Group Plc									68,269						1,271,963
			Computacenter Plc									28,073						939,394
			Contemporary Amperex Technology Co Ltd									6,280						337,154
			Continental Ag									7,086						1,051,308
			Country Garden Services Holdings Co Ltd									252,578						1,708,533
			Crispr Therapeutics Ag									2,138						327,426
			Croda International Plc									4,400						396,716
			Crompton Greaves Consumer Electricals Ltd									46,083						240,010
			Cropenergies Ag									25,551						372,023
			Csl Ltd									20,214						4,416,984
			Cushman & Wakefield Plc									211,700						3,139,519
			Cvs Group Plc									10,808						221,896
			Dabur India Ltd									50,740						370,825
			Daihen Corp									9,389						456,523
			Daikin Industries Ltd									12,460						2,766,135
			Daito Pharmaceutical Co Ltd									7,791						280,717
			Daiwa House Industry Co Ltd									57,747						1,713,754
			Daiwa Office Investment Corp									29						184,049
			Daiwabo Holdings Co Ltd									1,798						159,862
			Danel Adir Yeoshua Ltd									885						145,917
			Danone Sa									23,008						1,513,399
			Dassault Systemes Se									3,922						797,415
			Dbs Group Holdings Ltd									117,645						2,228,903
			Dcc Plc									4,561						322,813
			Delta Electronics Inc									47,847						447,848
			Denka Co Ltd									3,995						155,954
			Denso Corp									10,865						645,534
			Derwent London Plc									7,137						302,034
			Descartes Sys Group Inc									7,368						430,543
			Descartes Systems Group Inc.									2,712						158,615
			Deutsche Boerse Ag									10,513						1,791,281
			Dht Holdings Inc									31,074						162,518
			Diageo Plc									45,184						1,777,574
			Dic Asset Ag									6,822						112,354
			Dic Corp									9,189						231,771

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

21

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Dino Polska Sa									8,201						636,951
			Dios Fastigheter Ab									50,477						472,036
			Dip Corp									19,278						514,037
			Dirtt Environmental Solutions									56,407						137,697
			Disco Corp									999						336,191
			Divi'S Laboratories Ltd									7,089						372,754
			Dixon Technologies India Ltd									642						118,153
			Dksh Holding Ag									5,199						391,418
			Douyu International Holdings Ltd									74,626						825,359
			Dr Lal Pathlabs Ltd									4,753						149,947
			Draper Esprit Plc									66,452						599,525
			Dream Unlimited Corp									8,890						148,279
			Dsv Panalpina A/S									21,103						3,538,224
			Dundee Precious Metals Inc									59,931						430,430
			E.Sun Financial Holding Co Ltd									299,563						272,398
			Ebara Corp									8,990						293,429
			Edenred									5,736						325,741
			Edita Food Industries Sae									12,486						32,463
			Elan Microelectronics Corp									66,923						317,966
			Electra Consumer Products 1970									5,993						207,933
			Electric Power Development Co									22,974						316,193
			Elekta Ab									5,345						71,882
			Elite Material Co Ltd									33,891						189,370
			Emis Group Plc									13,438						198,746
			Enel Spa									212,865						2,155,497
			Engie Sa									206,365						3,161,276
			Eni Spa									57,934						605,930
			Enn Energy Holdings Ltd									133,574						1,960,413
			Eqt Ab									13,815						353,933
			Equinor Asa									55,095						932,740
			Ergomed Plc									13,051						188,212
			Escorts Ltd									10,717						184,860
			Esr Cayman Ltd									553,236						1,983,527
			Essent Group Ltd									16,252						702,078
			Essilorluxottica Sa									8,674						1,353,752
			Essity Ab									28,765						926,439
			Eurofins Scientific Se									10,208						857,209
			Euronext Nv									1,668						183,994

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

22

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Europris Asa									108,677						648,612
			Evertec Inc									15,705						617,518
			Evotec Se									6,472						239,765
			Evraz Plc									81,384						524,647
			Experian Plc									143,950						5,464,376
			Fabrinet									1,531						118,773
			Fairfax India Holdings Corp									117,434						1,134,415
			Fanuc Corp									1,595						391,758
			Ferguson Plc									11,553						1,403,015
			Ferrari Nv									10,212						2,357,264
			Ferrexpo Plc									112,848						435,932
			Fibra Uno Administracion Sa De									1,313,786						1,484,194
			Fila Holdings Corp									24,509						985,970
			Finecobank Banca Fineco Spa									32,488						532,652
			First Derivatives Plc									11,248						492,016
			First International Bank Of Israel Ltd									13,641						361,723
			Fisher & Paykel Healthcare Corp Ltd									42,803						1,016,068
			Fjordkraft Holding Asa									26,659						260,616
			Flat Glass Group Co Ltd									98,683						415,537
			Flatexdegiro Ag									2,993						232,508
			Flexium Interconnect Inc									111,642						480,770
			Forbo Holding Ag									80						137,225
			Forterra Plc									841,188						2,805,663
			Foshan Haitian Flavouring & Fo									21,670						664,516
			Fox Wizel Ltd									3,440						345,418
			Frencken Group Ltd									279,678						279,329
			Freni Brembo Spa									13,104						173,159
			Fresenius Medical Care Ag & Co									11,606						968,476
			Fresh Del Monte Produce Inc									13,557						326,328
			Frontier Developments Plc									7,085						298,286
			Fujitec Co Ltd									12,785						275,779
			Fujitsu General Ltd									14,783						400,198
			Fukui Computer Holdings Inc									4,095						159,059
			Fukuoka Financial Group Inc									11,986						212,802
			Fullcast Holdings Co Ltd									17,780						276,220
			Funding Circle Holdings Plc									155,384						191,162
			G-7 Holdings Inc									10,987						248,385
			Galp Energia Sgps Sa									104,370						1,117,895

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

23

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Geely Automobile Holdings Ltd									313,993						1,073,120
			Genus Plc									12,709						728,974
			Getinge Ab									47,692						1,115,567
			Globant Sa									2,046						445,325
			Goldwin Inc									7,591						500,716
			Greentown Service Group Co Ltd									205,763						253,958
			Greggs Plc									11,310						276,737
			Grupo Aeroportuario Del Surest									1,199						197,688
			Grupo Financiero Banorte Sab D									272,332						1,498,642
			Grupo Sbf Sa									36,758						210,319
			Guangdong Haid Group Co Ltd									19,238						192,683
			Gurit Holding Ag									210						588,496
			Gvs Spa									21,422						399,722
			Haier Smart Home Co Ltd									196,574						712,384
			Hangzhou Tigermed Consulting C									14,952						369,491
			Hansol Chemical Co Ltd									7,732						1,398,671
			Hanwa Co Ltd									29,166						781,669
			Hardwoods Distribution Inc									8,590						170,723
			Harvey Norman Holdings Ltd									192,778						697,671
			Havells India Ltd									20,320						254,778
			Hdfc Bank Ltd									152,428						7,692,378
			Hdfc Life Insurance Co Ltd									19,170						177,482
			Headhunter Group Plc									8,290						250,786
			Heiwa Real Estate Co Ltd									11,187						404,164
			Helen Of Troy Ltd									3,639						808,625
			Helios Towers Plc									177,527						371,285
			Hera Spa									75,027						273,560
			Hexagon Ab									14,728						1,344,661
			Hikari Tsushin Inc									699						163,752
			Hindustan Unilever Ltd									10,361						339,661
			Hiscox Ltd									17,781						241,592
			Hitachi Ltd									102,971						4,054,242
			Hiwin Technologies Corp									12,958						177,326
			Homeserve Plc									11,994						168,053
			Hope Education Group Co Ltd									1,394,394						388,438
			Horiba Ltd									4,095						239,977
			Horizon Therapeutics Plc									3,385						247,603
			Hoshino Resorts Reit Inc									6						29,198

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

24

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Housing Development Finance Co									19,077						668,024
			Howden Joinery Group Plc									111,761						1,053,512
			Hoya Corp									20,933						2,893,291
			Huazhu Group Ltd									1,605						72,280
			Huhtamaki Oyj									4,931						254,985
			Hundsun Technologies Inc									17,984						288,473
			Hypoport Se									602						379,530
			Hyundai Motor Co									16,015						1,909,007
			Ibstock Plc									467,385						1,319,952
			Icici Bank Ltd									371,206						5,516,128
			Icon Plc									8,084						1,576,263
			Idec Corp/Japan									10,987						193,791
			Idp Education Ltd									19,708						301,877
			Ig Group Holdings Plc									23,972						282,469
			Iguatemi Empresa De Shopping									37,157						265,756
			Imcd Nv									4,761						607,228
			Imi Plc									52,939						843,052
			Impro Precision Industries Ltd									445,487						143,634
			Industrial & Infrastructure Fund Investment									159						293,037
			Infineon Technologies Ag									21,645						831,325
			Info Edge India Ltd									5,817						378,805
			Informa Plc									118,707						890,840
			Ing Groep Nv									129,359						1,209,393
			Inmobiliaria Colonial Socimi S.A.									44,952						441,385
			Instone Real Estate Group Ag									11,483						295,045
			Integrated Diagnostics Holding									154,063						169,469
			Intermediate Capital Group Plc									31,957						753,984
			International Game Technology									12,012						203,479
			Intertrust Nv									21,097						358,282
			Intervest Offices & Warehouses									4,844						133,663
			Intesa Sanpaolo Spa									460,208						1,076,961
			Invincible Investment Corp									843						270,681
			Ip Group Plc									73,094						98,817
			Iqe Plc									453,702						455,528
			Iss A/S									167,068						2,894,553
			Itmedia Inc									10,388						221,857
			Ituran Location And Control Ltd									103,305						1,967,953
			Jafron Biomedical Co Ltd									15,052						156,092

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

25

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Japan Logistics Fund Inc									143						421,264
			Japan Petroleum Exploration Co									13,884						252,278
			Japan Tobacco Inc									46,552						947,760
			Jd.Com Inc									53,650						3,080,938
			Jde Peet'S Nv									23,327						1,054,602
			Jiangsu Hengli Hydraulic Co Ltd									61,396						1,060,851
			Jiangsu Hengrui Medicine Co Ltd									22,627						385,647
			Jiumaojiu International Holdings Ltd									69,776						212,374
			Jost Werke Ag									8,712						459,426
			Joyy Inc									2,354						188,296
			Jpm -Cw21 Beijing Sinoh									9,569						399,254
			Jpm -Cw21 Nari Technology Development Co									295,529						1,202,998
			Jpm Struct.Prod.Bv Wts									107,466						837,378
			Js Global Lifestyle Co Ltd									332,617						642,597
			Julius Baer Group Ltd									15,755						908,981
			Just Eat Takeaway.Com Nv									5,463						617,592
			Justsystems Corp									6,892						478,629
			Jyp Entertainment Corp									4,335						153,243
			Kakao Corp									4,150						1,487,898
			Kaken Pharmaceutical Co Ltd									8,091						312,280
			Kanamoto Co Ltd									22,674						486,661
			Kandenko Co Ltd									50,342						425,673
			Kanematsu Corp									22,474						279,933
			Kao Corp									9,320						719,480
			Kasikornbank Pcl									116,927						444,917
			Kaspi.Kz Jsc									14,380						864,230
			Kato Sangyo Co Ltd									6,293						213,019
			Kbc Group Nv									22,806						1,598,378
			Kendrion Nv									4,112						83,524
			Kesko Oyj									17,606						453,233
			Keyence Corp									6,803						3,821,901
			Keywords Studios Plc									18,399						719,297
			Kfc Holdings Japan Ltd									28,567						814,029
			Kindred Group Plc									52,799						517,927
			Kingdee International Software									95,693						389,987
			Kingsoft Cloud Holdings Ltd									29,404						1,280,530
			Kiniksa Pharmaceuticals Ltd									1,716						30,329
			Kintetsu World Express Inc									14,883						352,881

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

26

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Knaus Tabbert Ag									3,430						264,820
			Know It Ab									6,293						238,683
			Koito Manufacturing Co Ltd									13,856						942,108
			Koninklijke Dsm Nv									8,736						1,505,028
			Koninklijke Philips Nv									36,783						1,970,342
			Kose Corp									5,084						866,626
			Kubota Corp									86,724						1,890,791
			Kweichow Moutai Co Ltd									2,193						669,981
			Kyocera Corp									22,129						1,355,910
			Kyudenko Corp									17,480						563,785
			Laboratorios Farmaceuticos Rovi Sa									13,364						619,704
			Leeno Industrial Inc									2,210						274,637
			Legrand Sa									12,335						1,101,723
			Leovegas Ab									106,480						452,498
			Lg Chem Ltd									3,012						1,779,448
			Lg Household & Health Care Ltd									1,143						1,703,587
			Li Ning Co Ltd									157,158						1,080,306
			Lifco Ab									3,826						367,534
			Life Corp									13,385						462,163
			Lime Technologies Ab									4,255						211,135
			Linde Plc									5,147						1,341,286
			Localiza Rent A Car Sa									30,502						404,898
			Locaweb Servicos De Internet S									19,936						308,855
			Lojas Renner Sa									133,175						1,116,334
			Londonmetric Property Plc									150,467						471,008
			Lonking Holdings Ltd									731,158						226,311
			Lonza Group Ag									4,850						3,120,560
			L'Oreal Sa									4,103						1,560,256
			Lotes Co Ltd									14,952						252,500
			Lu Thai Textile Co Ltd									35,580						17,942
			Lundin Mining Corp									71,764						636,523
			Luxshare Precision Industry Co									68,850						590,824
			Lvmh Moet Hennessy Louis Vuitton SE									11,611						7,258,164
			Mabuchi Motor Co Ltd									5,494						239,179
			Maeda Corp									43,949						390,349
			Magazine Luiza Sa									206,167						990,308
			Makita Corp									35,886						1,796,974
			Man Group Plc/Jersey									333,410						628,942

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

27

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Marcopolo Sa									347,253						191,871
			Matsumotokiyoshi Holdings Co Ltd									5,594						238,381
			Media Do Co Ltd									2,997						215,065
			Mediaset Espana Comunicacion Sa									65,560						341,722
			Mediatek Inc									59,808						1,590,031
			Medtronic Plc									19,027						2,228,863
			Meggitt Plc									150,507						959,758
			Meituan									37,480						1,424,007
			Merck Kgaa									17,039						2,925,973
			Metawater Co Ltd									12,486						280,804
			Midea Group Co Ltd									39,051						587,809
			Mimecast Ltd									2,305						131,025
			Mips Ab									2,659						166,739
			Mitsui Mining & Smelting Co Ltd									9,589						351,535
			Mitsui-Soko Holdings Co Ltd									9,189						204,892
			Modec Inc									15,782						286,303
			Momo.Com Inc									10,965						248,580
			Moneysupermarket.Com Group Plc									66,800						237,960
			Montea C.V.A									1,948						221,874
			Morgan Advanced Materials Plc									71,917						305,735
			Morgan Sindall Group Plc									15,573						326,126
			Morinaga & Co Ltd/Japan									5,194						195,194
			Morphosys Ag									2,096						240,560
			Mr Price Group Ltd									87,612						1,017,850
			Mtu Aero Engines Ag									2,789						728,252
			Musashi Seimitsu Industry Co Ltd									21,575						341,876
			Mycronic Ab									8,254						246,653
			Nakanishi Inc									13,684						300,206
			Naspers Ltd									18,261						3,753,731
			National Energy Services Reunited Corp									10,431						103,580
			Naver Corp									4,168						1,122,187
			Ncsoft Corp									499						428,003
			Nestle India Ltd									1,455						366,290
			Nestle Sa									63,420						7,480,233
			Net One Systems Co Ltd									14,883						524,709
			Netcompany Group A/S									6,296						644,218
			Netease Inc									67,733						1,289,346
			Network International Holdings									56,744						253,330

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

28

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			New Work Se									809						277,182
			Nexity Sa									19,198						832,940
			Nexon Co Ltd									58,015						1,786,894
			Nextage Co Ltd									43,150						552,518
			Nextdc Ltd									36,289						342,471
			Ngk Spark Plug Co Ltd									12,486						213,203
			Nhn Kcp Corp									3,982						251,112
			Nice Information Service Co Ltd									9,326						212,913
			Nifco Inc/Japan									7,591						297,415
			Nihon Unisys Ltd									18,579						726,985
			Ninety One Plc									21,730						68,081
			Nintendo Co Ltd									2,891						1,843,192
			Nippon Ceramic Co Ltd									5,793						162,782
			Nippon Light Metal Holdings Co									14,743						273,027
			Nippon Seiki Co Ltd									19,677						222,417
			Nippon Soda Co Ltd									6,692						198,672
			Nipro Corp									40,254						473,320
			Nitto Boseki Co Ltd									4,495						198,087
			Nof Corp									6,892						349,126
			Nojima Corp									10,688						292,852
			Nomad Foods Ltd									14,938						379,713
			Nordea Bank Abp									114,041						933,433
			Norma Group Se									7,409						379,678
			Norwegian Finans Holding Asa									46,776						399,637
			Nova Ljubljanska Banka Dd									33,022						363,637
			Novagold Resources Inc									16,399						158,583
			Novanta Inc									2,959						349,786
			Novartis Ag									39,076						3,697,883
			Novo Nordisk A/S									32,169						2,256,119
			Novocure Ltd									590						102,052
			Nrw Holdings Ltd									138,840						312,837
			Obara Group Inc									7,991						304,168
			Ocado Group Plc									37,605						1,175,603
			Oci Nv									50,280						967,090
			Offcn Education Technology Co									75,064						403,224
			Oi Sa									1,939,777						821,591
			Olympus Corp									86,524						1,891,054
			Oneconnect Financial Technology Co Ltd									32,895						648,370

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

29

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Ooh!Media Ltd									152,336						195,133
			Organo Corp									5,793						343,969
			Origin Enterprises Plc									34,340						130,253
			Osaka Soda Co Ltd									6,093						160,638
			Oxford Instruments Plc									12,346						336,171
			Oz Minerals Ltd									19,653						286,325
			Ozon Holdings Plc									24,648						1,020,665
			Paltac Corp									4,295						233,379
			Parade Technologies Ltd									33,891						1,338,861
			Parex Resources Inc									12,685						174,449
			Pendal Group Ltd									25,493						128,454
			Per Aarsleff Holding A/S									7,961						403,701
			Pernod Ricard Sa									28,037						5,378,902
			Persol Holdings Co Ltd									12,685						228,655
			Pharma Mar Sa									1,728						150,116
			Pharming Group Nv									136,842						212,975
			Pi Industries Ltd									7,326						220,068
			Pidilite Industries Ltd									15,128						365,574
			Ping An Healthcare And Technology Co Ltd									6,679						80,964
			Ping An Insurance Group Co Of									210,330						2,576,953
			Playtech Plc									75,859						416,128
			Plus500 Ltd									8,452						167,530
			Polymetal International Plc									58,427						1,359,363
			Polypipe Group Plc									33,480						273,224
			Posco									2,939						735,793
			Poya International Co Ltd									6,978						143,039
			Pr Times Inc									7,391						248,423
			Prosegur Cash Sa									151,825						148,612
			Prosiebensat.1 Media Se									72,183						1,214,833
			Prudential Plc									74,866						1,378,500
			Psp Swiss Property Ag									4,295						574,812
			Qiagen Nv									17,308						898,963
			Qt Group Oyj									4,166						293,619
			Quotient Ltd									5,019						26,151
			Radiant Opto-Electronics Corp									126,854						514,675
			Randstad Nv									17,929						1,167,917
			Realtek Semiconductor Corp									25,917						360,187
			Reckitt Benckiser Group Plc									14,546						1,300,756

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

30

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Relia Inc									28,467						352,652
			Reliance Industries Ltd									113,190						3,967,352
			Relx Plc									176,718						4,330,313
			Rengo Co Ltd									33,461						280,020
			Renishaw Plc									6,105						480,683
			Resorttrust Inc									16,980						242,425
			Resurs Holding Ab									64,241						352,003
			Rheinmetall Ag									4,894						518,484
			Richemont(Cie Fin) Wts									31,109						8,094
			Rightmove Plc									68,476						609,171
			Rio Tinto Plc									17,096						1,278,268
			Roche Holding Ag									10,513						3,675,171
			Rolls-Royce Holdings Plc									541,084						822,844
			Rotork Plc									126,933						551,764
			Round One Corp									26,669						239,454
			Royal Unibrew A/S									4,515						524,395
			Ryanair Holdings Plc									28,048						3,084,784
			Ryohin Keikaku Co Ltd									61,728						1,258,540
			Safaricom Plc									620,163						194,511
			Safestore Holdings Plc									34,098						363,557
			Safran Sa									13,108						1,859,671
			Sakata Inx Corp									21,475						240,867
			Sakata Seed Corp									3,396						117,594
			Sampo Oyj									18,258						772,271
			Samsung Electronics Co Ltd									233,237						16,981,905
			Samsung Sdi Co Ltd									750						433,348
			Sandfire Resources Ltd									55,050						227,263
			Sands China Ltd									214,117						940,268
			Sandvik Ab									47,369						1,161,074
			Sanofi									23,375						2,250,905
			Sansan Inc									4,994						328,935
			Sanwa Holdings Corp									30,365						353,516
			Sap Se									20,526						2,692,730
			Sapiens International Corp Nv									3,956						121,083
			Savills Plc									113,193						1,476,887
			Sawai Pharmaceutical Co Ltd									7,991						362,215
			Schneider Electric Se									28,600						4,139,710
			Scout24 Ag									8,438						692,268

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

31

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Sea Ltd									12,236						2,435,526
			Sega Sammy Holdings Inc									8,290						130,646
			Seiren Co Ltd									16,581						250,693
			Semperit Ag Holding									5,294						157,400
			Sensirion Holding Ag									3,934						255,043
			Seven Generations Energy Ltd									13,784						71,517
			Sg Micro Corp									5,183						209,085
			Shandong Weigao Group Medical									159,816						361,108
			Shanghai M&G Stationery Inc									18,541						251,070
			Shenzhen Inovance Technology Co Ltd									30,383						433,452
			Shenzhen Mindray Bio-Medical Electronics Co Ltd									7,476						486,985
			Shin-Etsu Chemical Co Ltd									4,685						818,622
			Shop Apotheke Europe Nv									4,918						891,842
			Shopify Inc									4,210						4,761,160
			Shopping Centres Australasia Property Group Re Ltd									103,904						202,048
			Sibanye Stillwater Ltd									606,388						2,476,948
			Sichuan Teway Food Group Co Ltd									20,434						256,969
			Siemens Gamesa Renewable Energy Sa									38,238						1,548,157
			Sig Combibloc Group Ag									13,484						313,333
			Signify Nv									29,849						1,261,080
			Sika Ag									16,067						4,395,260
			Silergy Corp									9,968						854,970
			Sinbon Electronics Co Ltd									37,878						291,186
			Sitc International Holdings Co									551,365						1,190,357
			Sk Hynix Inc									9,700						1,058,120
			Sk Innovation Co Ltd									5,332						932,579
			Smart Global Holdings Inc									2,924						110,024
			Smartgroup Corp Ltd									118,302						623,494
			Smc Corp									598						364,666
			Smith & Nephew Plc									130,415						2,691,895
			Smiths Group Plc									35,800						736,252
			Sofina Sa									3,159						1,070,781
			Sparebank 1 Nord Norge									19,801						172,527
			Spie Sa									11,053						240,866
			Spin Master Corp									13,564						308,872
			Spirax-Sarco Engineering Plc									2,557						394,802
			Spirent Communications Plc									192,713						695,453

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

32

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Srf Ltd									3,844						293,212
			Ssp Group Plc									36,811						166,956
			Stabilus Sa									8,682						619,571
			Stanley Electric Co Ltd									9,389						302,378
			Stantec Inc									19,178						621,400
			Steadfast Group Ltd									114,667						353,046
			Steris Plc									13,656						2,588,447
			Stoneco Ltd									21,922						1,839,726
			Sumitomo Mitsui Financial Group									23,924						738,717
			Sumitomo Seika Chemicals Co Ltd									4,095						162,828
			Sunac China Holdings Ltd									407,692						1,506,398
			Suncor Energy Inc									107,123						1,795,202
			Swcc Showa Holdings Co Ltd									10,987						186,661
			Sydbank As									16,099						355,943
			Syncona Ltd									73,644						262,743
			Systena Corp									19,478						408,058
			Taikisha Ltd									7,691						201,730
			Taiko Pharmaceutical Co Ltd									16,081						251,086
			Taiwan Semiconductor Manufacturing Company									571,491						21,685,641
			Taiyo Yuden Co Ltd									5,294						247,915
			Takara Bio Inc									12,286						329,384
			Takuma Co Ltd									12,785						228,227
			Tamron Co Ltd									8,690						153,692
			Tata Consultancy Services Ltd									14,922						584,642
			Tata Consumer Products Ltd									31,746						256,298
			Tate & Lyle Plc									121,804						1,122,873
			Tcs Group Holding Plc									10,413						342,574
			Tecan Group Ag									1,100						539,696
			Telekom Austria Ag									31,760						245,987
			Telenor Asa									71,400						1,216,699
			Telkom Indonesia Persero Tbk P									48,578						1,142,558
			Tencent Holdings Ltd									214,264						15,585,208
			Terumo Corp									46,751						1,952,542
			Tesco Plc									1,033,058						3,267,689
			Tessenderlo Group Sa									6,373						254,581
			T-Gaia Corp									11,087						207,795
			Theravance Biopharma Inc									1,835						32,610
			Thg Plc									44,436						473,784

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

33

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Thule Group Ab									24,594						921,153
			Tikehau Capital Sca									10,030						315,410
			Times Neighborhood Holdings Ltd									516,344						483,457
			Tinexta Spa									14,377						369,422
			Tisco Financial Group Pcl									116,865						345,213
			Tmx Group Ltd									7,662						764,594
			Toei Animation Co Ltd									4,195						328,722
			Toei Co Ltd									3,296						538,911
			Tokai Holdings Corp									19,278						191,574
			Tokmanni Group Corp									34,447						684,484
			Tokuyama Corp									26,569						596,264
			Tokyo Tatemono Co Ltd									25,271						346,344
			Tomy Co Ltd									37,157						327,503
			Topchoice Medical Corp									7,277						307,676
			Topsports International Holdin									132,575						198,336
			Tosho Co Ltd									17,080						258,740
			Totvs Sa									50,937						281,641
			Towa Pharmaceutical Co Ltd									12,186						225,909
			Toyo Tire Corp									19,577						297,326
			Trainline Plc									68,695						435,707
			Trelleborg Ab									13,336						296,346
			Tricon Residential Inc									52,939						474,955
			Ts Tech Co Ltd									16,980						524,651
			Tsingtao Brewery Co Ltd									39,954						418,407
			Turk Telekomunikasyon As									202,766						232,980
			Turkiye Garanti Bankasi As									295,477						412,257
			Tyman Plc									55,202						264,484
			Ubs Group Ag									130,369						1,839,139
			Unilever Plc									26,654						1,600,214
			Unimicron Technology Corp									271,130						843,362
			Unipol Gruppo Spa									83,887						401,324
			Uniqure Nv									1,613						58,263
			United Laboratories International Holdings Ltd									265,694						188,463
			Vale Sa									151,796						2,544,102
			Valmet Oyj									55,036						1,573,035
			Van Lanschot Kempen Nv									8,373						215,150
			Varun Beverages Ltd									15,303						191,853
			Verallia Sa									11,756						417,873

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

34

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Vestas Wind Systems A/S									6,985						1,652,753
			Vesuvius Plc									27,483						201,554
			Victrex Plc									13,560						434,863
			Vidrala Sa									3,891						451,747
			Viemed Healthcare Inc									7,577						58,798
			Vinci Sa									8,161						812,410
			Vipshop Holdings Ltd									11,786						331,316
			Vistry Group Plc									27,873						357,958
			Vitrolife Ab									13,941						366,324
			Vivendi Se									35,469						1,144,840
			Volkswagen Ag									9,972						1,859,753
			Voltronic Power Technology Corporation									8,742						348,459
			Vonovia Se									13,840						1,011,963
			Vt Holdings Co Ltd									29,866						123,229
			Wacom Co Ltd									35,659						298,755
			Wal-Mart De Mexico Sab De Cv									102,956						288,837
			Wandisco Plc									15,182						96,395
			Watches Of Switzerland Group Plc									54,562						431,840
			Weg Sa									35,247						513,958
			Weimob Inc									137,559						247,305
			Weir Group Plc									43,922						1,194,479
			White Mountains Insurance Group Ltd									549						549,207
			Wihlborgs Fastigheter Ab									17,449						393,913
			Win Semiconductors Corp									27,910						343,691
			Wiwynn Corp									8,971						224,775
			Wix.Com Ltd									2,991						747,519
			Wizz Air Holdings Plc									12,885						803,843
			Wolters Kluwer Nv									13,642						1,152,686
			Wonik Ips Co Ltd									4,872						198,474
			Worley Ltd									31,454						278,877
			Wuliangye Yibin Co Ltd									20,235						903,026
			Wuxi Apptec Co Ltd									25,259						494,504
			Wuxi Biologics Cayman Inc									266,489						3,533,093
			Xero Ltd									3,669						415,649
			Xinyi Solar Holdings Ltd									183,412						478,999
			Xpeng Inc									11,323						484,950
			Yageo Corp									58,811						1,084,215
			Yamaha Corp									26,017						1,529,600

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

35

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Yandex Nv									23,994						1,669,504
			Yellow Hat Ltd									16,681						271,106
			Yifeng Pharmacy Chain Co Ltd									13,357						184,208
			Yihai International Holding Lt									18,939						280,894
			Yougov Plc									44,340						633,379
			Z Holdings Corp									137,215						829,840
			Zhangzhou Pientzehuang Pharmac									10,167						415,896
			Zhongsheng Group Holdings Ltd									144,645						1,030,673
			Zto Express Cayman Inc									30,576						891,594
			Zurich Insurance Group Ag									3,921						1,656,550
			Zymeworks Inc									1,139						53,810
			Total non-U.S. equities															$	639,740,625
			U.S. equities:
			1-800-Flowers.Com Inc									1,168						$	30,356
			1Life Healthcare Inc									6,227						271,804
			8X8 Inc									2,674						92,186
			A10 Networks Inc									25,786						254,247
			Aaon Inc									1,672						111,437
			Abeona Therapeutics Inc									10,019						15,730
			Abm Industries Inc									73,714						2,789,333
			Acacia Communications Inc									1,906						139,061
			Acadia Pharmaceuticals Inc									5,305						283,596
			Acadia Realty Trust									72,225						1,024,873
			Accel Entertainment Inc									3,183						32,151
			Acceleron Pharma Inc									2,106						269,387
			Acco Brands Corp									29,177						246,542
			Accuray Inc									2,495						10,403
			Aci Worldwide Inc									7,855						301,847
			Acuity Brands Inc									12,867						1,558,056
			Adapthealth Corp									2,265						85,082
			Addus Homecare Corp									2,061						241,283
			Adma Biologics Inc									10,089						19,673
			Advanced Drainage Systems Inc									2,864						239,371
			Advanced Energy Industries Inc									4,346						421,418
			Adverum Biotechnologies Inc									5,079						55,060
			Aecom									5,548						276,196
			Aegion Corp									14,631						277,847

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

36

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Aerie Pharmaceuticals Inc									1,417						19,144
			Aerojet Rocketdyne Holdings Inc									11,081						585,614
			Aerovironment Inc									3,483						302,644
			Agenus Inc									27,891						88,694
			Agios Pharmaceuticals Inc									1,831						79,344
			Alarm.Com Holdings Inc									1,388						143,494
			Albany International Corp									2,553						187,487
			Albireo Pharma Inc									2,485						93,204
			Alcoa Corp									5,688						131,109
			Alector Inc									2,209						33,427
			Alexandria Real Estate Equities									19,353						3,449,111
			Allakos Inc									389						54,485
			Allegiant Travel Co									239						45,322
			Allied Motion Technologies Inc									1,028						52,522
			Allogene Therapeutics Inc									6,588						166,285
			Alphatec Holdings Inc									3,433						49,844
			Amedisys Inc									2,024						593,624
			American Homes 4 Rent									72,724						2,181,714
			American Renal Associates Holdings									659						7,541
			American States Water Co									1,517						120,601
			American Superconductor Corp									1,012						23,698
			Americold Realty Trust									112,128						4,185,750
			Ameris Bancorp									1,110						42,245
			Amicus Therapeutics Inc									21,458						495,462
			Amn Healthcare Services Inc									4,553						310,702
			Apache Corp									2,096						29,736
			Apellis Pharmaceuticals Inc									1,941						111,020
			Appfolio Inc									539						97,017
			Arcturus Therapeutics Holdings									563						24,415
			Arcus Biosciences Inc									788						20,465
			Ares Commercial Real Estate Co									8,685						103,435
			Array Technologies Inc									3,165						136,553
			Arrowhead Pharmaceuticals Inc									3,595						275,878
			Artisan Partners Asset Management									6,247						314,467
			Arvinas Inc									5,246						445,540
			Asbury Automotive Group Inc									3,051						444,591
			Asgn Inc									10,742						897,312
			Aspen Technology Inc									1,711						222,910

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

37

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Assembly Biosciences Inc									3,303						19,983
			Atara Biotherapeutics Inc									5,856						114,947
			Athenex Inc									2,425						26,819
			Atkore Inc									12,036						494,827
			Atricure Inc									1,455						80,996
			Avalonbay Communities Inc									18,028						2,892,283
			Avaya Holdings Corp									7,654						146,572
			Avid Bioservices Inc									4,300						49,621
			Avient Corp									5,059						203,791
			Avis Budget Group Inc									1,148						42,805
			Axcelis Technologies Inc									4,720						137,448
			Axon Enterprise Inc									349						42,795
			Axsome Therapeutics Inc									1,972						160,647
			Badger Meter Inc									2,365						222,454
			Balchem Corp									429						49,441
			Bandwidth Inc									828						127,278
			Bankunited Inc									17,124						595,571
			Barrett Business Services Inc									519						35,395
			Belden Inc									11,618						486,775
			Berry Global Group Inc									2,231						125,377
			Big Lots Inc									1,098						47,124
			Biocryst Pharmaceuticals Inc									18,022						134,264
			Biodelivery Sciences International									25,167						105,702
			Biotelemetry Inc									442						31,864
			Bj'S Wholesale Club Holdings Inc									10,877						405,499
			Blackbaud Inc									5,489						315,915
			Blackline Inc									2,048						273,254
			Blackstone Mortgage Trust Inc									16,042						441,643
			Bluebird Bio Inc									374						16,192
			Blueprint Medicines Corp									5,721						641,606
			Bmc Stock Holdings Inc									11,176						599,953
			Boise Cascade Co									589						28,143
			Booz Allen Hamilton Holding Co									3,911						340,941
			Boston Beer Co Inc									494						491,140
			Boston Properties Inc									26,835						2,536,710
			Box Inc									18,898						341,113
			Boyd Gaming Corp									4,382						188,066
			Bridgebio Pharma Inc									379						26,965

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

38

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Bright Horizons Family Solutions Inc									1,021						176,597
			Brightcove Inc									1,856						34,152
			Brinker International Inc									848						47,983
			Brink'S Co/The									1,038						74,723
			Brixmor Property Group Inc									199,616						3,303,650
			Broadridge Financial Solutions									544						83,319
			Brooks Automation Inc									2,930						198,789
			Bruker Corp									2,549						137,958
			Brunswick Corp									2,610						198,949
			Builders Firstsource Inc									13,752						561,222
			Burlington Stores Inc									645						168,606
			Cable One Inc									186						413,486
			Caci International Inc									1,442						359,525
			Cactus Inc									2,482						64,700
			Caesars Entertainment Inc									2,415						179,356
			Cai International Inc									699						21,822
			Callaway Golf Co									1,234						29,638
			Camping World Holdings Inc									1,197						31,194
			Cantel Medical Corp									2,467						194,532
			Caredx Inc									2,413						174,817
			Cargurus Inc									1,966						62,377
			Carlisle Cos Inc									10,002						1,562,105
			Carparts.Com Inc									1,856						22,997
			Casella Waste Systems Inc									5,873						363,810
			Casey'S General Stores Inc									2,018						360,411
			Cass Information Systems Inc									814						31,684
			Castle Biosciences Inc									1,766						118,606
			Catalent Inc									2,610						271,572
			Catalyst Pharmaceuticals Inc									18,152						60,627
			Cavco Industries Inc									1,186						208,172
			Cboe Global Markets Inc									1,414						131,674
			Celsius Holdings Inc									649						32,633
			Cerence Inc									26,356						2,648,204
			Ceridian Hcm Holding Inc									421						44,874
			Certara Inc									1,098						37,014
			Championx Corp									30,971						473,854
			Change Healthcare Inc									56,584						1,055,290
			Charles River Laboratories International Inc									829						207,198

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

39

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Chart Industries Inc									788						92,859
			Chase Corp									1,242						125,493
			Chemed Corp									716						381,611
			Chemocentryx Inc									3,760						232,825
			Choice Hotels International Inc									2,340						249,756
			Churchill Downs Inc									2,022						393,816
			Cirrus Logic Inc									2,698						221,802
*			Citigroup Inc									10,894,641						671,763,561
			Clearway Energy Inc									3,938						125,731
			Cmc Materials Inc									1,388						210,016
			Coca-Cola Consolidated Inc									540						143,750
			Cogent Communications Holdings									2,625						157,127
			Cognex Corp									2,216						177,939
			Cohen & Steers Inc									6,736						500,472
			Coherent Inc									16,770						2,515,792
			Coherus Biosciences Inc									11,107						193,033
			Cohu Inc									1,517						57,912
			Collegium Pharmaceutical Inc									6,077						121,727
			Columbia Banking System Inc									6,423						230,603
			Comfort Systems Usa Inc									2,456						129,324
			Commscope Holding Co Inc									11,154						149,457
			Commvault Systems Inc									6,719						372,023
			Concentrix Corp									6,845						675,562
			Conmed Corp									948						106,177
			Consolidated Communications Holdings									2,096						10,247
			Constellation Pharmaceuticals									4,515						130,046
			Corcept Therapeutics Inc									1,856						48,555
			Coresite Realty Corp									431						54,007
			Corvel Corp									2,122						224,989
			Cousins Properties Inc									48,179						1,614,010
			Covanta Holding Corp									10,789						141,663
			Cryolife Inc									2,265						53,482
			Cryoport Inc									2,555						111,995
			Csw Industrials Inc									3,722						416,548
			Curo Group Holdings Corp									6,561						94,022
			Curtiss-Wright Corp									19,870						2,311,896
			Cutera Inc									1,467						35,367
			Cytomx Therapeutics Inc									5,337						34,956

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

40

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Deciphera Pharmaceuticals Inc									2,694						153,709
			Deckers Outdoor Corp									2,602						746,351
			Denali Therapeutics Inc									4,640						388,666
			Diamondback Energy Inc									7,516						363,784
			Diamondrock Hospitality Co									154,127						1,271,544
			Dicerna Pharmaceuticals Inc									3,569						78,636
			Digital Realty Trust Inc									21,747						3,033,966
			Digital Turbine Inc									8,615						487,314
			Dine Brands Global Inc									863						50,065
			Domino'S Pizza Inc									284						109,057
			Douglas Dynamics Inc									2,816						120,443
			Ducommun Inc									449						24,114
			Dxc Technology Co									23,986						617,627
			Eagle Materials Inc									1,449						146,851
			Eastgroup Properties Inc									26,507						3,659,438
			Editas Medicine Inc									4,022						281,950
			Ehealth Inc									1,614						114,007
			Electromed Inc									2,136						20,949
			Element Solutions Inc									4,839						85,792
			Elf Beauty Inc									2,525						63,597
			Emcor Group Inc									7,885						721,109
			Emergent Biosolutions Inc									4,418						395,826
			Empire State Realty Trust Inc									149,837						1,396,480
			Enanta Pharmaceuticals Inc									2,483						104,525
			Encompass Health Corp									1,168						96,544
			Endurance International Group									12,166						114,972
			Energizer Holdings Inc									16,500						695,982
			Energy Recovery Inc									2,894						39,473
			Enersys									30,341						2,520,136
			Enphase Energy Inc									629						110,314
			Enpro Industries Inc									714						53,959
			Ensign Group Inc									6,077						443,150
			Entegris Inc									4,416						424,350
			Envestnet Inc									3,768						310,074
			Envista Holdings Corp									19,733						665,610
			Epizyme Inc									1,063						11,542
			Eplus Inc									791						69,598
			Equinix Inc									13,866						9,903,106

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

41

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Equity Lifestyle Properties Inc									37,331						2,365,243
			Esperion Therapeutics Inc									3,543						92,106
			Essex Property Trust Inc									19,752						4,689,553
			Euronet Worldwide Inc									2,756						399,428
			Everbridge Inc									249						37,189
			Evercore Inc									5,345						585,999
			Everquote Inc									309						11,554
			Evolent Health Inc									2,315						37,112
			Evoqua Water Technologies Corp									5,179						139,732
			Exact Sciences Corp									1,449						191,971
			Exelixis Inc									3,457						69,376
			Exlservice Holdings Inc									2,879						245,084
			Exponent Inc									6,350						571,747
			Extended Stay America Inc									10,289						152,385
			Extra Space Storage Inc									30,825						3,571,420
			Factset Research Systems Inc									338						112,481
			Fair Isaac Corp									728						372,276
			Fate Therapeutics Inc									4,364						396,802
			Federal Agricultural Mortgage									1,711						127,071
			Federal Realty Investment Trust									16,959						1,443,542
			Federated Hermes Inc									2,867						82,827
			Fibrogen Inc									5,623						208,563
			First American Financial Corp									6,921						357,354
			First Bancorp									2,210						74,776
			First Citizens Bancshares Inc/									480						275,644
			First Financial Bankshares Inc									2,954						106,853
			First Hawaiian Inc									22,764						536,777
			First Horizon Corp									27,775						354,403
			First Industrial Realty Trust									4,792						201,883
			First Merchants Corp									7,277						272,221
			Firstcash Inc									7,057						494,283
			Five9 Inc									2,311						403,062
			Focus Financial Partners Inc									713						30,994
			Foot Locker Inc									10,295						416,343
			Formfactor Inc									15,688						674,897
			Forterra Inc									12,064						207,434
			Fortinet Inc									417						61,955
			Foundation Building Materials									4,562						87,644

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

42

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Fox Factory Holding Corp									1,327						140,299
			Franklin Electric Co Inc									3,662						253,467
			Freshpet Inc									459						65,178
			Frontdoor Inc									11,920						598,499
			Fti Consulting Inc									5,018						560,660
			Fulgent Genetics Inc									1,587						82,665
			G1 Therapeutics Inc									5,009						90,120
			Gartner Inc									500						80,087
			Generac Holdings Inc									690						156,810
			Genmark Diagnostics Inc									2,910						42,484
			Gentherm Inc									1,008						65,734
			Gibraltar Industries Inc									2,228						160,305
			Glacier Bancorp Inc									599						27,548
			Global Blood Therapeutics Inc									2,340						101,349
			Globus Medical Inc									3,083						201,041
			Glu Mobile Inc									5,309						47,833
			Gossamer Bio Inc									699						6,755
			Graco Inc									3,449						249,517
			Graftech International Ltd									20,829						222,039
			Grand Canyon Education Inc									70						6,504
			Graphic Packaging Holding Co									77,946						1,320,405
			Gray Television Inc									5,788						103,544
			Great Lakes Dredge & Dock Corp									16,874						222,237
			Green Dot Corp									1,063						59,302
			Haemonetics Corp									2,040						242,215
			Hain Celestial Group Inc									2,991						120,077
			Halozyme Therapeutics Inc									14,492						618,975
			Hanesbrands Inc									20,869						304,271
			Hanger Inc									1,771						38,950
			Hanover Insurance Group Inc									4,881						570,655
			Harley-Davidson Inc									11,084						406,771
			Harsco Corp									17,558						315,694
			Hb Fuller Co									968						50,218
			Healthcare Trust Of America Inc									43,495						1,197,842
			Healthequity Inc									3,005						209,456
			Healthpeak Properties Inc									86,590						2,617,621
			Healthstream Inc									659						14,384
			Helmerich & Payne Inc									12,304						284,963

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

43

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Herman Miller Inc									49,629						1,677,480
			Heron Therapeutics Inc									1,607						33,996
			Hexcel Corp									1,975						95,760
			Hibbett Sports Inc									1,078						49,770
			Hillenbrand Inc									5,464						217,447
			Hilton Grand Vacations Inc									3,870						121,320
			Hms Holdings Corp									4,842						177,937
			Host Hotels & Resorts Inc									214,181						3,133,468
			Huntsman Corp									6,668						167,633
			Hydrofarm Holdings Group Inc									299						15,741
			Iaa Inc									5,253						341,336
			Icu Medical Inc									1,219						261,556
			Igm Biosciences Inc									628						55,418
			Ii-Vi Inc									3,288						249,763
			Immunogen Inc									21,829						140,797
			Independence Realty Trust Inc									69,132						928,449
			Infusystem Holdings Inc									1,454						27,305
			Ingevity Corp									6,501						492,269
			Innospec Inc									3,189						289,364
			Innovative Industrial Properties									359						65,788
			Innoviva Inc									6,017						74,555
			Inovalon Holdings Inc									7,190						130,640
			Inphi Corp									2,002						321,227
			Insight Enterprises Inc									11,519						876,462
			Insmed Inc									7,242						241,078
			Insperity Inc									1,915						155,917
			Inspire Medical Systems Inc									1,797						338,039
			Installed Building Products Inc									1,455						148,302
			Integer Holdings Corp									184						14,908
			Intellia Therapeutics Inc									4,652						253,081
			Inter Parfums Inc									549						33,200
			Intercept Pharmaceuticals Inc									2,934						72,466
			Interdigital Inc									7,233						438,885
			International Money Express Inc									1,357						21,063
			Intersect Ent Inc									1,647						37,706
			Intra-Cellular Therapies Inc									948						30,147
			Invitae Corp									7,118						297,604
			Invitation Homes Inc									102,352						3,039,854

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

44

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Ionis Pharmaceuticals Inc									903						51,061
			Iovance Biotherapeutics Inc									3,426						158,957
			Irhythm Technologies Inc									1,898						450,226
			Iridium Communications Inc									689						27,077
			Irobot Corp									1,267						101,754
			Ironwood Pharmaceuticals Inc									15,837						180,380
			J & J Snack Foods Corp									1,175						182,486
			J2 Global Inc									5,400						527,490
			John B Sanfilippo & Son Inc									1,775						139,998
			John Bean Technologies Corp									3,138						357,369
			Johnson Outdoors Inc									259						29,222
			Jones Lang Lasalle Inc									13,940						2,068,376
			Kadant Inc									805						113,532
			Kar Auction Services Inc									28,547						531,258
			Karuna Therapeutics Inc									673						68,328
			Karyopharm Therapeutics Inc									1,956						30,277
			Kemper Corp									3,470						266,577
			Kinsale Capital Group Inc									100						19,971
			Knoll Inc									145,110						2,130,209
			Kodiak Sciences Inc									2,849						418,547
			Koppers Holdings Inc									2,595						80,846
			Korn Ferry									3,442						149,716
			Kura Oncology Inc									1,078						35,199
			Lancaster Colony Corp									818						150,342
			Landstar System Inc									2,141						288,374
			Lantheus Holdings Inc									4,703						63,445
			Lattice Semiconductor Corp									10,727						491,531
			Lci Industries									5,833						756,388
			Lennox International Inc									194						53,039
			Lgi Homes Inc									3,677						389,238
			Lhc Group Inc									239						51,089
			Liberty Broadband Corp									1,261						199,709
			Life Storage Inc									19,752						2,358,208
			Lifevantage Corp									9,520						88,726
			Ligand Pharmaceuticals Inc									327						32,452
			Lincoln Electric Holdings Inc									952						110,670
			Lindsay Corp									439						56,404
			Lithia Motors Inc									4,916						1,438,957

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

45

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Littelfuse Inc									7,112						1,811,151
			Liveperson Inc									1,585						98,614
			Liveramp Holdings Inc									699						51,125
			Lovesac Co									1,008						43,430
			Lpl Financial Holdings Inc									674						70,201
			Lululemon Athletica Inc									9,741						3,390,142
			Lumentum Holdings Inc									744						70,572
			Luminex Corp									474						10,959
			Luna Innovations Inc									2,864						28,296
			Lydall Inc									2,097						62,961
			Macom Technology Solutions Holdings									7,514						413,581
			Macrogenics Inc									3,084						70,489
			Madison Square Garden Entertainment									1,197						125,783
			Madrigal Pharmaceuticals Inc									1,702						189,257
			Magnite Inc									5,957						182,954
			Malibu Boats Inc									2,595						162,003
			Manhattan Associates Inc									2,354						247,599
			Marinus Pharmaceuticals Inc									2,295						28,001
			Marketaxess Holdings Inc									484						276,140
			Mastec Inc									7,585						517,148
			Mastech Digital Inc									808						12,852
			Maximus Inc									10,153						743,072
			Maxlinear Inc									7,297						278,697
			Mcgrath Rentcorp									1,528						102,514
			Medifast Inc									699						137,149
			Medpace Holdings Inc									3,990						555,492
			Mercadolibre Inc									6,122						10,256,011
			Mercury Systems Inc									565						49,825
			Meridian Bioscience Inc									798						14,921
			Merit Medical Systems Inc									3,546						196,868
			Meritage Homes Corp									1,447						119,837
			Mersana Therapeutics Inc									1,297						34,520
			Mettler-Toledo International I									2,464						2,808,337
			Middlesex Water Co									1,690						122,506
			Minerals Technologies Inc									2,081						129,248
			Mirati Therapeutics Inc									3,014						661,920
			Mks Instruments Inc									2,614						393,351
			Model N Inc									1,351						48,209

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

46

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Molina Healthcare Inc									1,033						219,662
			Monolithic Power Systems Inc									1,058						387,389
			Moog Inc									2,104						166,813
			Mr Cooper Group Inc									12,317						382,199
			Msa Safety Inc									1,456						217,502
			Mueller Industries Inc									2,784						97,751
			Murphy Usa Inc									1,782						233,243
			Myers Industries Inc									475						9,871
			Nanostring Technologies Inc									709						47,385
			Natera Inc									3,388						337,161
			National General Holdings Corp									19,818						677,389
			National Vision Holdings Inc									3,253						147,335
			Natus Medical Inc									1,866						37,396
			Navient Corp									49,135						482,502
			Ncr Corp									19,023						714,693
			Neenah Inc									120						6,624
			Nektar Therapeutics									1,406						23,903
			Nelnet Inc									3,709						264,243
			Neogenomics Inc									12,054						649,022
			Neophotonics Corp									5,349						48,620
			Neurocrine Biosciences Inc									919						88,092
			Nevro Corp									2,460						425,795
			Newmarket Corp									275						109,697
			Nexstar Media Group Inc									4,780						521,921
			Nlight Inc									1,776						57,995
			Nmi Holdings Inc									15,459						350,157
			Nordson Corp									841						169,045
			Novavax Inc									679						75,668
			Nuvasive Inc									4,396						247,613
			Omnicell Inc									6,375						765,078
			Onto Innovation Inc									1,176						55,896
			Ooma Inc									2,954						42,534
			Ormat Technologies Inc									1,877						169,460
			Osi Systems Inc									4,148						386,609
			Overstock.Com Inc									249						11,967
			Ovid Therapeutics Inc									8,193						18,925
			Pacific Biosciences Of California									4,481						116,226
			Pacira Biosciences Inc									2,148						128,506

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

47

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Pae Inc									7,644						70,171
			Palomar Holdings Inc									963						85,551
			Papa John'S International Inc									2,609						221,333
			Paratek Pharmaceuticals Inc									8,153						51,037
			Park Hotels & Resorts Inc									156,872						2,690,353
			Parsley Energy Inc									9,927						140,965
			Patrick Industries Inc									2,974						203,255
			Paylocity Holding Corp									1,528						314,586
			Pegasystems Inc									2,059						274,338
			Penn National Gaming Inc									3,754						324,156
			Pennant Group Inc									4,367						253,537
			Pennymac Financial Services Inc									2,445						160,431
			Penumbra Inc									882						154,375
			Perdoceo Education Corp									10,204						128,871
			Perficient Inc									2,385						113,644
			Performance Food Group Co									8,402						400,035
			Pfsweb Inc									3,712						24,983
			Pgt Innovations Inc									773						15,730
			Phibro Animal Health Corp									1,265						24,573
			Piper Sandler Cos									160						16,110
			Planet Fitness Inc									2,295						178,174
			Plug Power Inc									11,695						396,591
			Pool Corp									940						350,158
			Power Integrations Inc									5,096						417,181
			Pq Group Holdings Inc									13,490						192,362
			Pra Group Inc									7,345						291,285
			Pra Health Sciences Inc									1,527						191,520
			Precision Biosciences Inc									2,784						23,220
			Primerica Inc									2,660						356,308
			Proassurance Corp									11,224						199,682
			Prog Holdings Inc									37,780						2,035,236
			Progress Software Corp									3,613						163,289
			Progyny Inc									709						30,034
			Prologis Inc									83,075						8,279,225
			Proofpoint Inc									1,171						159,673
			Prosperity Bancshares Inc									292						20,280
			Proto Labs Inc									669						102,562
			Providence Service Corp									743						103,062

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

48

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Ps Business Parks Inc									2,044						271,679
			Ptc Inc									475						56,815
			Ptc Therapeutics Inc									2,243						136,907
			Pure Cycle Corp									10,278						115,426
			Pzena Investment Management Inc									8,462						61,774
			Q2 Holdings Inc									200						25,253
			Qad Inc									429						27,110
			Qts Realty Trust Inc									18,555						1,148,186
			Quaker Chemical Corp									1,031						261,455
			Qualys Inc									4,152						505,915
			Quanterix Corp									848						39,442
			Quidel Corp									812						145,749
			R1 Rcm Inc									12,863						308,968
			Rackspace Technology Inc									13,211						251,805
			Radius Health Inc									2,694						48,121
			Rapid7 Inc									299						26,991
			Rbc Bearings Inc									1,750						313,377
			Realpage Inc									1,279						111,607
			Reata Pharmaceuticals Inc									546						67,478
			Redfin Corp									2,016						138,341
			Reinsurance Group Of America I									1,111						128,726
			Renewable Energy Group Inc									2,097						148,480
			Rent-A-Center Inc/Tx									7,137						273,275
			Repligen Corp									3,177						608,869
			Replimune Group Inc									728						27,791
			Resmed Inc									18,526						3,937,875
			Rexnord Corp									1,477						58,322
			Rh									1,431						640,396
			Rhythm Pharmaceuticals Inc									1,487						44,205
			Rigel Pharmaceuticals Inc									15,503						54,262
			Rimini Street Inc									6,895						30,547
			Rli Corp									220						22,865
			Rocket Pharmaceuticals Inc									2,206						120,942
			Ryman Hospitality Properties I									2,465						167,015
			Sage Therapeutics Inc									1,018						88,055
			Saia Inc									1,457						263,414
			Sailpoint Technologies Holding									6,588						350,752
			Sally Beauty Holdings Inc									11,622						151,545

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

49

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Sanderson Farms Inc									389						51,450
			Sangamo Therapeutics Inc									17,326						270,365
			Sarepta Therapeutics Inc									611						104,121
			Sba Communications Corp									7,083						1,998,281
			Scholar Rock Holding Corp									912						44,263
			Schrodinger Inc/United States									1,048						82,964
			Schweitzer-Mauduit International									11,783						473,803
			Science Applications International									9,770						924,580
			Scotts Miracle-Gro Co									857						170,702
			Seagen Inc									725						127,059
			Secureworks Corp									709						10,075
			Select Medical Holdings Corp									6,057						167,544
			Selectquote Inc									1,048						21,742
			Semtech Corp									7,754						558,963
			Service Corp International/Us									2,089						102,550
			Shake Shack Inc									1,517						128,595
			Shockwave Medical Inc									888						92,117
			Shutterstock Inc									4,425						317,250
			Sientra Inc									5,289						20,574
			Signature Bank/New York Ny									764						103,415
			Silicon Laboratories Inc									3,223						410,444
			Silvercrest Asset Management Group									864						12,003
			Simpson Manufacturing Co Inc									5,843						546,001
			Simulations Plus Inc									659						47,368
			Siteone Landscape Supply Inc									1,597						253,275
			Six Flags Entertainment Corp									2,972						101,337
			Skechers Usa Inc									13,977						502,319
			Skyline Champion Corp									1,986						61,441
			Sleep Number Corp									1,567						128,250
			Slm Corp									87,220						1,080,662
			Sonos Inc									5,126						119,902
			South State Corp									2,162						156,345
			Spectrum Brands Holdings Inc									5,546						438,049
			Spirit Realty Capital Inc									89,207						3,583,453
			Sprouts Farmers Market Inc									1,672						33,617
			Sps Commerce Inc									4,875						529,348
			Spx Corp									2,193						119,627
			Ss&C Technologies Holdings Inc									2,446						177,936

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

50

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Stamps.Com Inc									1,888						370,412
			Standard Motor Products Inc									5,332						215,764
			Starwood Property Trust Inc									19,113						368,877
			State Street Corp									31,882						2,320,372
			Stepan Co									710						84,658
			Stereotaxis Inc									11,426						58,158
			Steven Madden Ltd									20,578						726,840
			Strategic Education Inc									837						79,814
			Stride Inc									6,547						138,998
			Summit Materials Inc									1,217						24,446
			Sun Communities Inc									20,251						3,077,129
			Sunrun Inc									2,294						159,170
			Sunstone Hotel Investors Inc									3,393						38,441
			Super Micro Computer Inc									768						24,327
			Superior Group Of Cos Inc									1,305						30,334
			Supernus Pharmaceuticals Inc									2,056						51,721
			Surmodics Inc									1,018						44,297
			Svmk Inc									4,910						125,442
			Sykes Enterprises Inc									16,829						633,933
			Synaptics Inc									5,478						528,125
			Syneos Health Inc									9,661						658,181
			Synnex Corp									6,674						543,527
			Synovus Financial Corp									12,030						389,401
			Syros Pharmaceuticals Inc									7,454						80,879
			Tabula Rasa Healthcare Inc									437						18,725
			Tandem Diabetes Care Inc									2,682						256,648
			Targa Resources Corp									2,595						68,444
			Techtarget Inc									1,896						112,073
			Teladoc Health Inc									120						23,945
			Teledyne Technologies Inc									788						309,014
			Telenav Inc									7,504						35,270
			Tempur Sealy International Inc									15,380						415,250
			Terex Corp									6,554						228,676
			Terminix Global Holdings Inc									4,716						240,567
			Terreno Realty Corp									33,858						1,981,049
			Tetra Tech Inc									2,624						303,862
			Texas Pacific Land Trust									302						219,818
			Texas Roadhouse Inc									4,867						380,386
			Tg Therapeutics Inc									2,067						107,425
			Tivity Health Inc									9,520						186,496

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

51

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Toll Brothers Inc									3,435						149,310
			Topbuild Corp									3,682						677,829
			Toro Co									2,386						226,286
			Translate Bio Inc									5,099						93,980
			Trex Co Inc									1,267						106,101
			Trinet Group Inc									4,241						341,831
			Ttec Holdings Inc									12,394						903,961
			Turning Point Brands Inc									3,163						140,959
			Turning Point Therapeutics Inc									3,394						413,542
			Twist Bioscience Corp									1,913						270,284
			Tyler Technologies Inc									665						290,112
			Ubiquiti Inc									663						184,542
			Udr Inc									95,269						3,661,194
			Ufp Industries Inc									8,961						497,792
			Ultra Clean Holdings Inc									14,842						462,353
			Ultragenyx Pharmaceutical Inc									4,738						655,885
			Umpqua Holdings Corp									14,968						226,608
			Unifirst Corp/Ma									1,070						226,455
			Unisys Corp									28,458						560,056
			Universal Corp/Va									6,546						318,212
			Universal Health Realty Income									201						12,891
			Universal Insurance Holdings Inc									396						5,986
			Upstart Holdings Inc									87,670						3,572,533
			Upwork Inc									1,577						54,427
			Us Ecology Inc									524						19,033
			Us Physical Therapy Inc									2,764						332,393
			Usana Health Sciences Inc									3,452						266,129
			Vail Resorts Inc									625						174,262
			Valvoline Inc									34,385						795,661
			Vanda Pharmaceuticals Inc									1,675						22,016
			Varonis Systems Inc									858						140,409
			Vector Group Ltd									5,578						64,987
			Ventas Inc									30,426						1,492,105
			Veracyte Inc									429						21,000
			Vereit Inc									93,553						3,535,380
			Vericel Corp									1,178						36,362
			Verra Mobility Corp									9,809						131,642
			Viavi Solutions Inc									8,422						126,124
			Vici Properties Inc									192,134						4,899,428
			Viewray Inc									6,007						22,948
			Vir Biotechnology Inc									2,741						73,410
			Virtus Investment Partners Inc									12,324						2,674,322

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

52

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Virtusa Corp									581						29,695
			Vocera Communications Inc									4,640						192,709
			Vonage Holdings Corp									2,375						30,578
			Voyager Therapeutics Inc									2,126						15,198
			Walker & Dunlop Inc									6,878						632,870
			Washington Federal Inc									9,835						253,161
			Watsco Inc									1,036						234,665
			Watts Water Technologies Inc									689						83,797
			Wd-40 Co									421						111,882
			Welbilt Inc									6,267						82,722
			Welltower Inc									82,500						5,331,156
			Wendy'S Co									10,932						239,629
			Werner Enterprises Inc									878						34,441
			Wesco International Inc									11,928						936,340
			West Pharmaceutical Services I									579						163,975
			Western Alliance Bancorp									2,735						163,978
			Wex Inc									1,174						238,849
			Willscot Mobile Mini Holdings									5,383						124,717
			Wingstop Inc									1,597						211,635
			Winmark Corp									1,098						203,951
			Winnebago Industries Inc									1,836						110,058
			Woodward Inc									2,288						278,083
			Workiva Inc									4,500						412,338
			World Fuel Services Corp									26,007						810,387
			Worthington Industries Inc									160						8,197
			Wpx Energy Inc									7,784						63,437
			Ww International Inc									788						19,236
			Wyndham Destinations Inc									3,817						171,229
			Xencor Inc									10,384						453,061
			Xpel Inc									1,927						99,353
			Xperi Holding Corp									1,168						24,402
			Xpo Logistics Inc									1,737						207,091
			Yelp Inc									15,664						511,744
			Yeti Holdings Inc									2,335						159,883
			Y-Mabs Therapeutics Inc									1,227						60,769
			Yum China Holdings Inc									17,222						983,210
			Zebra Technologies Corp									829						318,708
			Zumiez Inc									319						11,745
			Zynga Inc									24,051						237,387
			Total U.S. equities															$	965,934,685
			Synthetic guaranteed invesment contracts (GICs):

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

53

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Voya Retirement Ins & Annuity Co 60266
			1-3 Year Credit Bond Index Fund									223,583						2,946,693
			Asset-Backed Securities Index Fund									1,472,455						55,988,214
			Commercial Mortgage-Backed Securities Index Fund									498,467						16,940,763
			1-3 Year Government Bond Index Fund									192,462						24,300,451
			Intermediate Government Bond Index Fund									460,869						22,102,689
			Intermediate Term Credit Bond Index Fund									1,537,166						98,864,114
			Long Term Gov Bd Index Fd									58,263						6,670,018
			Mortgage-Backed Securities (MBS) Index Fund									1,172,674						67,052,524
			Wrapper															102,981
			Total Voya Retirement Ins & Annuity Co 60266															$	294,968,447
			Prudential GA-62194
			Abb Fin Usa Inc			2.88		%	5/8/2022			39,944						$	41,475
			Abbvie Inc			3.60		%	5/14/2025			309,565						346,654
			Abbvie Inc			3.20		%	11/21/2029			1,113,434						1,258,132
			Abbvie Inc			3.85		%	6/15/2024			89,874						99,129
			Aep Texas Inc			2.10		%	7/1/2030			149,789						157,967
			Aetna Inc			2.75		%	11/15/2022			134,810						140,325
			Agl Cap Corp			3.50		%	9/15/2021			99,860						102,237
			Altria Grp Inc			4.00		%	1/31/2024			239,663						267,439
			Ameren Illinois Co			3.80		%	5/15/2028			294,586						345,421
			American Intl Grp Inc			4.13		%	2/15/2024			44,937						50,417
			American Intl Grp Inc			3.75		%	7/10/2025			199,719						227,908
			American Intl Grp Inc			3.90		%	4/1/2026			269,621						310,072
			Amgen Inc			2.60		%	8/19/2026			59,916						65,990
			Amgen Inc			2.65		%	5/11/2022			269,621						278,608
			Anheuser Busch Cos Llc / Anheuser			3.65		%	2/1/2026			604,150						692,515
			Anthem Inc			3.65		%	12/1/2027			219,691						253,986
			Appalachian Pwr Co			3.30		%	6/1/2027			49,930						55,538
			Apple Inc			3.25		%	2/23/2026			579,185						656,102
			Arch Cap Fin Llc			4.01		%	12/15/2026			24,965						29,018
			Ascension Hlth			2.53		%	11/15/2029			119,831						130,959
			At&T Inc			2.30		%	6/1/2027			254,642						271,807
			At&T Inc			2.55		%	12/1/2033			921,704						946,299
			Autozone Inc			2.88		%	1/15/2023			99,860						105,573
			Autozone Inc			3.75		%	4/18/2029			199,719						231,549
			Bacct_18-A3			3.10		%	12/15/2023			499,298						507,618
			Banco Santander Sa			3.80		%	2/23/2028			399,438						457,781

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

54

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Bank Of Amer Corp			4.00		%	1/22/2025			179,747						205,193
			Bank Of Amer Corp			3.95		%	4/21/2025			409,424						464,469
			Bank Of Amer Corp			3.97		%	3/5/2029			1,133,406						1,335,101
			Bank Of Amer Corp			3.97		%	2/7/2030			249,649						297,994
			Bank Of Amer Corp			2.50		%	2/13/2031			439,382						470,581
*			Bank Of Ny Mellon Corp			3.40		%	5/15/2024			129,817						142,708
			Bank_20-Bn25			2.65		%	1/15/2063			229,677						251,154
			Barclays Plc			4.38		%	1/12/2026			239,663						280,912
			Barclays Plc			4.34		%	1/10/2028			164,768						192,804
			Barclays Plc			4.97		%	5/16/2029			109,846						132,816
			Barclays Plc			3.93		%	5/7/2025			499,298						549,423
			Bat Cap Corp			3.22		%	8/15/2024			104,853						114,846
			Bat Cap Corp			3.22		%	9/6/2026			84,881						94,402
			Bat Cap Corp			4.70		%	4/2/2027			54,923						65,399
			Bbcms_19-C4			2.66		%	8/15/2052			599,157						653,210
			Becton Dickinson & Co			3.73		%	12/15/2024			179,747						199,390
			Berkshire Hathaway Inc			2.75		%	3/15/2023			344,516						364,479
			Boeing Co			2.25		%	6/15/2026			104,853						107,404
			Boeing Co			3.10		%	5/1/2026			29,958						32,060
			Boeing Co			2.70		%	2/1/2027			424,403						445,999
			Boeing Co			4.51		%	5/1/2023			99,860						108,371
			Boston Properties Lp			3.85		%	2/1/2023			179,747						194,160
			Bp Cap Markets Amer Inc			3.25		%	5/6/2022			269,621						281,565
			Bristol Myers Squibb Co			3.90		%	2/20/2028			364,487						437,780
			Broadcom Inc			4.11		%	9/15/2028			235,669						272,401
			Broadcom Inc			3.15		%	11/15/2025			99,860						109,454
			Broadcom Inc			4.70		%	4/15/2025			484,319						560,181
			Burlington Northern Santa Fe Llc			3.40		%	9/1/2024			154,782						171,625
			Capital One Bk Usa Na			3.38		%	2/15/2023			144,796						155,130
			Cash															5,319,147
			Centerpoint Energy Houston Electric Llc			2.25		%	8/1/2022			84,881						87,746
			Centerpoint Energy Inc			2.95		%	3/1/2030			299,579						330,257
			Chait_12-A7			2.16		%	9/15/2024			798,877						826,143
			Chait_14-A2			2.77		%	3/15/2023			399,438						401,919
			Charter Comms Operating Llc Cap			5.05		%	3/30/2029			314,558						385,257
			Charter Comms Operating Llc Cap			2.80		%	4/1/2031			549,228						583,083
			Chevron Corp			2.36		%	12/5/2022			139,803						144,976
			Chile Republic			3.25		%	9/14/2021			154,782						159,758
			Chubb Ina Hldgs Inc			2.70		%	3/13/2023			254,642						269,587
			Cigna Corp			4.50		%	2/25/2026			464,347						550,131
			Cintas Corp No 2			3.70		%	4/1/2027			124,824						144,925
			Cleveland Elec Illuminating Co			5.50		%	8/15/2024			149,789						173,289

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

55

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Cna Finl Corp			3.95		%	5/15/2024			204,712						227,405
			Cnooc Fin 2013 Ltd			2.88		%	9/30/2029			199,719						209,791
			Comcast Corp			3.60		%	3/1/2024			304,572						338,434
			Comcast Corp			3.00		%	2/1/2024			239,663						260,706
			Comcast Corp			3.70		%	4/15/2024			109,846						121,935
			Comcast Corp			4.15		%	10/15/2028			109,846						132,701
			Comm_15-Cr25			3.51		%	8/10/2048			565,876						614,955
			Comm_15-Pc1			3.62		%	7/10/2050			384,367						407,540
			Comm_16-Dc2			3.50		%	2/10/2049			898,736						1,003,953
			Comm_16-Dc2			3.77		%	2/10/2049			699,017						790,725
			Commonwealth Edison Co			3.70		%	8/15/2028			539,242						645,383
			Constellation Brands Inc			3.70		%	12/6/2026			79,888						91,764
			Constellation Brands Inc			4.40		%	11/15/2025			59,916						70,030
			Continental Airlines Inc			4.15		%	4/11/2024			22,049						22,339
			Continental Airlines Inc			4.00		%	10/29/2024			68,188						69,225
			Credit Suisse Grp Fdg Guernsey Ltd			3.75		%	3/26/2025			249,649						279,839
			Credit Suisse Grp Fdg Guernsey Ltd			4.55		%	4/17/2026			524,263						621,782
			Csail_15-C3			3.45		%	8/15/2048			499,298						540,516
			Csail_16-C5			3.76		%	11/15/2048			369,480						413,356
			Csail_16-C7			3.21		%	11/15/2049			482,053						526,266
			Cvs Caremark Corp			6.25		%	6/1/2027			99,860						128,799
			Cvs Hlth Corp			4.30		%	3/25/2028			403,433						482,795
			Delta Air Lines Inc			6.82		%	8/10/2022			38,430						40,185
			Diageo Cap Plc			2.00		%	4/29/2030			274,614						287,210
			Discover Finl Svcs			3.85		%	11/21/2022			364,487						389,382
			Discovery Comm Llc			3.95		%	6/15/2025			124,824						140,509
			Discovery Comm Llc			4.13		%	5/15/2029			149,789						175,600
			Dollar Tree Inc			3.70		%	5/15/2023			149,789						161,213
			Dow Chemical Co			3.63		%	5/15/2026			329,537						373,112
			Dowdupont Inc			4.49		%	11/15/2025			174,754						205,179
			Dte Elec Co			2.25		%	3/1/2030			134,810						145,734
			Dte Energy Co			2.53		%	10/1/2024			184,740						198,459
			Dte Energy Co			3.80		%	3/15/2027			119,831						139,368
			Duke Energy Fl Llc			1.75		%	6/15/2030			149,789						152,733
			Eastman Chemical Co			3.80		%	3/15/2025			173,756						195,229
			Ecopetrol Sa			5.88		%	9/18/2023			49,930						56,635
			Ecopetrol Sa			4.13		%	1/16/2025			44,937						49,827
			Ecopetrol Sa			5.38		%	6/26/2026			189,733						218,433
			Energy Transfer Partners Lp			4.75		%	1/15/2026			331,534						382,702
			Entergy Louisiana Llc			2.40		%	10/1/2026			154,782						168,318
			Enterprise Products Operating Llc			3.35		%	3/15/2023			379,466						404,894
			Enterprise Products Operating Llc			3.13		%	7/31/2029			269,621						303,014

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

56

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Eog Resources Inc			3.15		%	4/1/2025			34,951						38,721
			Equifax Inc			2.60		%	12/1/2024			269,621						289,215
			Evergy Inc			2.90		%	9/15/2029			299,579						330,936
			Eversource Energy			1.65		%	8/15/2030			54,923						55,110
			Export Import Bk Of Korea			4.38		%	9/15/2021			259,635						270,200
			Fgold 15Yr			4.00		%	6/1/2026			101,254						108,135
			Fgold 15Yr			4.00		%	7/1/2026			48,890						52,213
			Fgold 15Yr			2.50		%	11/1/2027			116,908						122,612
			Fgold 15Yr			2.50		%	8/1/2028			118,869						124,684
			Fgold 15Yr			3.00		%	8/1/2029			177,169						188,781
			Fgold 15Yr			2.50		%	4/1/2031			215,292						228,096
			Fgold 15Yr			2.50		%	7/1/2031			140,510						149,176
			Fgold 15Yr Giant			3.00		%	1/1/2032			297,957						321,402
			Fgold 15Yr Giant			2.00		%	1/1/2032			190,320						199,388
			Fgold 15Yr Giant			2.50		%	12/1/2031			138,717						145,729
			Fgold 20Yr			3.00		%	1/1/2037			163,257						172,905
			Fgold 20Yr			3.50		%	11/1/2037			139,266						148,937
			Fgold 20Yr			3.00		%	12/1/2037			130,128						137,306
			Fgold 30Yr			3.00		%	12/1/2042			297,763						318,381
			Fgold 30Yr			3.00		%	10/1/2042			186,475						199,394
			Fgold 30Yr			3.00		%	1/1/2043			583,072						623,447
			Fgold 30Yr			4.00		%	11/1/2040			115,980						128,146
			Fgold 30Yr			4.00		%	12/1/2040			315,860						348,993
			Fgold 30Yr			5.00		%	8/1/2041			394,999						450,178
			Fgold 30Yr			5.00		%	7/1/2041			87,719						99,970
			Fgold 30Yr Giant			5.50		%	1/1/2035			35,199						41,202
			Fgold 30Yr Giant			4.50		%	6/1/2039			48,178						54,103
			Fgold 30Yr Giant			4.00		%	11/1/2039			155,707						172,247
			Fgold 30Yr Giant			4.50		%	12/1/2039			87,846						98,650
			Fgold 30Yr Giant			5.50		%	1/1/2040			46,985						55,178
			Fgold 30Yr Giant			4.00		%	12/1/2040			129,953						143,584
			Fgold 30Yr Giant			4.00		%	12/1/2040			138,522						153,053
			Fgold 30Yr Giant			4.00		%	2/1/2041			259,981						287,252
			Fgold 30Yr Giant			4.50		%	4/1/2041			377,040						422,946
			Fgold 30Yr Giant			3.00		%	6/1/2042			169,034						180,738
			Fgold 30Yr Giant			3.50		%	9/1/2042			313,312						344,158
			Fgold 30Yr Giant			3.50		%	7/1/2047			440,657						468,393
			Fgold 30Yr Giant			4.00		%	8/1/2047			220,265						237,407
			Fgold 30Yr Giant			4.50		%	8/1/2047			237,428						259,696
			Fgold 30Yr Giant			3.50		%	10/1/2047			217,101						230,766
			Fgold 30Yr Giant			3.50		%	1/1/2048			261,878						278,361
			Fgold 30Yr Giant			5.50		%	6/1/2038			207,930						244,895

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

57

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Fgold 30Yr Giant			4.50		%	10/1/2039			208,791						234,470
			Fgold 30Yr Giant			4.50		%	11/1/2039			40,044						44,969
			Fgold 30Yr Giant			3.50		%	5/1/2045			516,111						555,524
			Fgold 30Yr Giant			4.00		%	11/1/2045			326,089						356,623
			Fgold 30Yr Giant			3.50		%	12/1/2045			831,038						894,500
			Fgold 30Yr Giant			4.00		%	12/1/2046			250,766						273,413
			Fgold 30Yr Giant			3.00		%	1/1/2047			446,019						472,520
			Fgold 30Yr Giant			3.00		%	2/1/2047			941,668						997,620
			Fhlmc 30Yr Umbs			3.00		%	1/1/2050			514,225						539,117
			Fhlmc 30Yr Umbs Mirror			2.50		%	10/1/2046			107,976						114,293
			Fhlmc 30Yr Umbs Mirror			4.00		%	7/1/2048			50,763						54,312
			Fhlmc 30Yr Umbs Mirror			4.50		%	12/1/2048			349,273						379,601
			Fhlmc Gold 15Yr Cash Issuance			3.00		%	6/1/2029			275,348						293,403
			Fhlmc Gold 15Yr Cash Issuance			3.00		%	6/1/2029			405,535						431,456
			Fhlmc Gold 30Yr			2.50		%	1/1/2043			202,343						216,655
			Fhlmc Gold 30Yr			3.00		%	2/1/2043			379,095						412,581
			Fhlmc Gold 30Yr			3.50		%	9/1/2043			422,707						459,620
			Fhlmc Gold 30Yr			3.50		%	12/1/2046			167,002						180,912
			Fhlmc Gold 30Yr			4.50		%	7/1/2047			120,619						131,932
			Fhlmc Gold 30Yr			4.00		%	1/1/2048			549,358						592,108
			Fhms_K077			3.85		%	5/25/2028			79,888						95,205
			Fhms_K083			4.03		%	10/25/2028			149,789						180,579
			Fhms_K104			1.96		%	1/25/2030			1,148,385						1,223,599
			Fidelity Natl Information Svcs Inc			3.88		%	6/5/2024			37,947						41,863
			Fiserv Inc			3.50		%	10/1/2022			78,889						83,275
			Fiserv Inc			3.85		%	6/1/2025			154,782						175,160
			Fiserv Inc			2.75		%	7/1/2024			19,972						21,726
			Fnma			0.50		%	6/17/2025			444,375						446,725
			Fnma			2.00		%	10/5/2022			389,452						404,040
			Fnma			1.63		%	1/7/2025			389,452						413,168
			Fnma 15Yr			3.50		%	9/1/2026			63,891						67,990
			Fnma 15Yr			3.00		%	5/1/2027			252,449						266,556
			Fnma 20Yr			4.50		%	6/1/2031			114,615						125,951
			Fnma 30Yr			5.50		%	5/1/2037			52,443						61,502
			Fnma 30Yr			5.50		%	6/1/2033			68,903						79,986
			Fnma 30Yr			5.50		%	10/1/2033			87,313						101,374
			Fnma 30Yr			4.00		%	12/1/2040			192,847						213,059
			Fnma 30Yr			4.00		%	1/1/2041			291,453						322,001
			Fnma 30Yr			4.50		%	2/1/2041			537,121						602,325
			Fnma 30Yr			4.00		%	2/1/2041			121,193						134,216
			Fnma 30Yr			4.00		%	1/1/2042			280,796						310,969
			Fnma 30Yr			5.00		%	12/1/2034			169,988						195,174

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

58

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Fnma 30Yr			4.50		%	5/1/2039			59,531						66,843
			Fnma 30Yr			5.50		%	4/1/2034			73,580						85,737
			Fnma 30Yr			5.00		%	4/1/2034			351,387						402,605
			Fnma 30Yr			5.50		%	9/1/2034			70,796						82,644
			Fnma 30Yr			5.00		%	7/1/2035			103,115						118,393
			Fnma 30Yr			5.50		%	2/1/2035			128,212						149,080
			Fnma 30Yr			6.50		%	12/1/2037			46,894						55,704
			Fnma 30Yr			6.00		%	5/1/2038			207,166						244,593
			Fnma 30Yr			4.00		%	9/1/2040			109,452						120,923
			Fnma 30Yr			5.50		%	3/1/2038			73,472						86,127
			Fnma 30Yr			4.00		%	3/1/2039			37,396						41,356
			Fnma 30Yr			4.50		%	2/1/2041			476,725						534,596
			Fnma 30Yr			4.50		%	3/1/2041			158,847						178,146
			Fnma 30Yr			3.50		%	5/1/2042			375,027						413,677
			Fnma 30Yr			4.50		%	9/1/2039			66,979						75,206
			Fnma 30Yr			4.00		%	7/1/2040			58,971						65,216
			Fnma 30Yr			3.50		%	6/1/2039			103,594						112,642
			Fnma 30Yr			4.00		%	10/1/2040			43,550						48,114
			Fnma 15Yr			2.50		%	4/1/2028			41,767						43,801
			Fnma 15Yr			3.00		%	8/1/2028			193,505						204,323
			Fnma 15Yr			3.00		%	12/1/2030			131,091						139,595
			Fnma 15Yr			2.00		%	8/1/2031			210,409						220,355
			Fnma 15Yr			2.50		%	7/1/2028			147,250						154,419
			Fnma 15Yr			2.50		%	8/1/2028			137,047						143,719
			Fnma 15Yr			2.50		%	8/1/2028			11,381						11,977
			Fnma 15Yr			3.00		%	11/1/2028			105,959						111,883
			Fnma 15Yr			2.50		%	2/1/2029			92,333						96,828
			Fnma 15Yr			3.50		%	7/1/2027			237,651						253,109
			Fnma 15Yr			2.50		%	7/1/2030			93,264						97,937
			Fnma 15Yr			3.50		%	12/1/2030			74,777						80,775
			Fnma 15Yr			2.50		%	9/1/2027			466,790						489,445
			Fnma 15Yr			3.50		%	3/1/2033			124,539						132,459
			Fnma 15Yr			3.50		%	5/1/2033			314,554						334,561
			Fnma 15Yr Umbs			2.00		%	10/1/2034			566,714						593,164
			Fnma 15Yr Umbs			2.50		%	4/1/2035			469,622						492,121
			Fnma 20Yr			3.00		%	11/1/2036			443,890						469,998
			Fnma 30Yr			3.00		%	10/1/2043			25,883						27,666
			Fnma 30Yr			3.50		%	8/1/2042			400,213						433,978
			Fnma 30Yr			3.50		%	5/1/2042			866,147						940,190
			Fnma 30Yr			3.00		%	12/1/2042			230,902						252,575
			Fnma 30Yr			3.00		%	1/1/2043			419,590						456,503
			Fnma 30Yr			3.00		%	2/1/2043			413,715						442,226

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

59

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Fnma 30Yr			3.00		%	7/1/2043			268,697						287,214
			Fnma 30Yr			3.50		%	3/1/2043			359,025						394,333
			Fnma 30Yr			3.00		%	10/1/2043			109,748						117,312
			Fnma 30Yr			4.00		%	9/1/2044			203,995						222,585
			Fnma 30Yr			4.00		%	7/1/2045			186,142						203,489
			Fnma 30Yr			3.50		%	5/1/2045			445,133						484,174
			Fnma 30Yr			3.50		%	6/1/2045			658,530						708,627
			Fnma 30Yr			4.00		%	12/1/2045			355,474						388,600
			Fnma 30Yr			3.50		%	4/1/2046			349,936						372,609
			Fnma 30Yr			4.00		%	7/1/2046			82,596						90,029
			Fnma 30Yr			2.50		%	9/1/2046			294,865						312,171
			Fnma 30Yr			3.00		%	11/1/2046			399,087						422,697
			Fnma 30Yr			3.00		%	12/1/2046			111,809						118,424
			Fnma 30Yr			3.50		%	12/1/2046			470,257						500,959
			Fnma 30Yr			3.00		%	1/1/2047			1,178,482						1,248,203
			Fnma 30Yr			4.00		%	2/1/2047			758,640						826,914
			Fnma 30Yr			3.00		%	9/1/2043			76,619						81,899
			Fnma 30Yr			4.00		%	10/1/2043			92,552						101,926
			Fnma 30Yr			3.50		%	9/1/2047			378,561						405,867
			Fnma 30Yr			4.00		%	1/1/2048			248,878						268,247
			Fnma 30Yr			4.50		%	11/1/2048			193,933						210,773
			Fnma 30Yr			3.50		%	8/1/2048			203,615						216,205
			Fnma 30Yr			3.50		%	9/1/2042			150,134						162,968
			Fnma 30Yr			3.50		%	6/1/2042			1,147,022						1,254,063
			Fnma 30Yr			3.00		%	10/1/2042			234,250						250,407
			Fnma 30Yr			3.50		%	11/1/2042			588,818						639,153
			Fnma 30Yr			3.00		%	12/1/2042			487,115						520,714
			Fnma 30Yr			3.00		%	1/1/2043			105,558						114,114
			Fnma 30Yr			3.00		%	1/1/2043			298,739						322,954
			Fnma 30Yr			3.00		%	1/1/2043			378,259						404,349
			Fnma 30Yr			3.00		%	3/1/2043			461,836						505,342
			Fnma 30Yr			3.50		%	1/1/2046			221,187						238,014
			Fnma 30Yr			4.50		%	12/1/2048			135,557						147,329
			Fnma 30Yr			3.00		%	11/1/2046			373,822						395,938
			Fnma 30Yr			3.00		%	1/1/2047			461,760						489,079
			Fnma 30Yr			3.50		%	8/1/2047			321,130						341,260
			Fnma 30Yr			4.00		%	10/1/2047			984,395						1,061,004
			Fnma 30Yr			3.50		%	11/1/2047			761,489						809,222
			Fnma 30Yr			4.50		%	3/1/2048			153,655						167,991
			Fnma 30Yr			4.00		%	2/1/2048			228,912						246,726
			Fnma 30Yr			4.00		%	4/1/2048			494,355						528,924
			Fnma 30Yr Umbs			3.00		%	6/1/2050			536,680						563,736

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

60

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Fnma 30Yr Umbs			2.00		%	12/1/2050			382,462						399,198
			Fnma 30Yr Umbs			2.50		%	9/1/2050			2,055,482						2,170,684
			Fnma 30Yr Umbs			2.50		%	10/1/2050			3,198,628						3,377,898
			Fnma 30Yr Umbs Super			3.50		%	11/1/2048			793,894						843,658
			Fortis Inc			3.06		%	10/4/2026			40,942						45,418
			General Dynamics Corp			2.25		%	11/15/2022			179,747						185,978
			General Motors Fin Co Inc			4.00		%	1/15/2025			254,642						285,062
			General Motors Fin Co Inc			3.60		%	6/21/2030			549,228						611,676
			Georgia Pwr Co			2.85		%	5/15/2022			174,754						181,245
			Georgia Pwr Co			2.65		%	9/15/2029			159,775						176,714
			Glaxosmithkline Cap Inc			2.80		%	3/18/2023			14,979						15,919
			Gnma 30Yr			3.50		%	1/15/2042			228,252						249,067
			Gnma 30Yr			4.50		%	11/15/2039			81,416						91,386
			Gnma 30Yr			4.50		%	4/15/2040			167,459						188,174
			Gnma 30Yr			5.00		%	5/15/2035			54,608						61,175
			Gnma 30Yr			5.50		%	4/15/2038			56,877						64,323
			Gnma 30Yr			5.50		%	6/15/2038			82,787						92,838
			Gnma 30Yr Platinum			5.00		%	7/15/2039			83,017						93,064
			Gnma 30Yr			3.00		%	11/15/2042			331,896						363,781
			Gnma 30Yr			3.00		%	12/20/2049			558,106						585,863
			Gnma 30Yr			3.50		%	5/15/2043			146,879						159,642
			Gnma 30Yr			3.00		%	3/15/2043			207,997						218,120
			Gnma2 15Yr			3.00		%	3/20/2027			60,047						63,331
			Gnma2 30Yr			4.00		%	4/20/2042			69,768						77,352
			Gnma2 30Yr			3.00		%	8/20/2042			132,072						141,483
			Gnma2 30Yr			3.50		%	8/20/2042			406,034						444,290
			Gnma2 30Yr			3.00		%	9/20/2042			269,600						288,810
			Gnma2 30Yr			3.50		%	9/20/2042			325,694						356,381
			Gnma2 30Yr			3.50		%	10/20/2042			326,559						357,327
			Gnma2 30Yr			3.00		%	12/20/2042			138,865						148,760
			Gnma2 30Yr			3.00		%	1/20/2043			193,991						207,813
			Gnma2 30Yr			3.50		%	5/20/2043			407,949						445,147
			Gnma2 30Yr			4.50		%	6/20/2044			212,125						238,355
			Gnma2 30Yr			3.50		%	10/20/2044			381,184						415,103
			Gnma2 30Yr			4.00		%	10/20/2044			272,909						302,203
			Gnma2 30Yr			3.00		%	12/20/2044			92,161						98,506
			Gnma2 30Yr			3.50		%	4/20/2046			284,300						308,030
			Gnma2 30Yr			3.50		%	4/20/2045			473,913						514,762
			Gnma2 30Yr			3.50		%	6/20/2045			188,319						204,551
			Gnma2 30Yr			3.00		%	8/20/2045			219,597						234,536
			Gnma2 30Yr			3.00		%	9/20/2045			213,377						227,893
			Gnma2 30Yr			4.00		%	12/20/2045			487,998						535,456

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

61

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Gnma2 30Yr			3.00		%	5/20/2046			336,861						358,631
			Gnma2 30Yr			4.00		%	5/20/2046			243,473						267,151
			Gnma2 30Yr			3.00		%	7/20/2046			772,151						822,052
			Gnma2 30Yr			3.50		%	7/20/2046			227,187						246,149
			Gnma2 30Yr			3.50		%	8/20/2046			255,713						277,057
			Gnma2 30Yr			3.50		%	9/20/2046			261,746						283,593
			Gnma2 30Yr			3.00		%	10/20/2046			644,697						686,361
			Gnma2 30Yr			4.00		%	10/20/2046			96,979						104,992
			Gnma2 30Yr			3.50		%	11/20/2046			83,163						90,104
			Gnma2 30Yr			4.00		%	11/20/2046			117,636						127,356
			Gnma2 30Yr			2.50		%	12/20/2046			149,142						159,588
			Gnma2 30Yr			3.00		%	12/20/2046			671,290						714,673
			Gnma2 30Yr			3.50		%	12/20/2046			854,973						926,336
			Gnma2 30Yr			4.00		%	3/20/2047			282,819						306,187
			Gnma2 30Yr			3.50		%	8/20/2048			170,988						183,483
			Gnma2 30Yr			3.50		%	6/20/2047			122,796						131,907
			Gnma2 30Yr			3.50		%	7/20/2047			364,819						391,888
			Gnma2 30Yr			4.00		%	8/20/2047			357,989						386,481
			Gnma2 30Yr			3.50		%	8/20/2047			253,075						271,852
			Gnma2 30Yr			4.00		%	9/20/2047			432,403						466,818
			Gnma2 30Yr			3.50		%	11/20/2047			697,453						749,202
			Gnma2 30Yr			4.00		%	12/20/2047			184,508						199,193
			Gnma2 30Yr			3.00		%	1/20/2048			309,938						328,937
			Gnma2 30Yr			4.00		%	1/20/2048			280,590						302,921
			Gnma2 30Yr			4.50		%	1/20/2048			178,042						194,821
			Gnma2 30Yr			4.50		%	2/20/2048			182,699						199,917
			Gnma2 30Yr			3.00		%	10/20/2049			129,685						136,135
			Gnma2 30Yr			3.50		%	12/20/2048			384,629						412,735
			Gnma2 30Yr			3.00		%	7/20/2049			414,665						435,288
			Gnma2 30Yr			3.00		%	9/20/2049			468,062						491,341
			Gnma2 30Yr			3.50		%	12/20/2049			354,247						375,817
			Gnma2 30Yr			3.00		%	4/20/2050			499,297						525,133
			Gnma2 30Yr			2.00		%	12/20/2050			499,298						523,276
			Gnma2 30Yr			5.00		%	8/20/2039			43,860						48,920
			Gnma2 30Yr			4.50		%	5/20/2040			178,465						201,254
			Gnma2 30Yr			4.50		%	7/20/2040			111,494						125,731
			Gnma2 30Yr			4.00		%	9/20/2040			133,709						148,372
			Gnma2 30Yr			4.00		%	10/20/2040			208,480						231,341
			Gnma2 30Yr			4.50		%	10/20/2040			121,491						137,005
			Gnma2 30Yr			4.50		%	12/20/2040			176,981						199,580
			Gnma2 30Yr			4.00		%	2/20/2041			45,743						50,759
			Gnma2 30Yr			4.00		%	1/20/2041			84,578						93,853

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

62

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Gnma2 30Yr			4.00		%	3/20/2041			134,373						149,145
			Gnma2 30Yr			5.00		%	4/20/2041			157,805						180,634
			Gnma2 30Yr			4.50		%	8/20/2041			151,875						171,356
			Gnma2 30Yr			4.50		%	7/20/2041			50,729						57,236
			Gnma2 30Yr Tba(Reg C)			2.50		%	2/18/2021			1,997,191						2,111,751
			Goldman Sachs Grp Inc			3.85		%	1/26/2027			504,291						584,607
			Goldman Sachs Grp Inc			3.69		%	6/5/2028			544,235						628,383
			Goldman Sachs Grp Inc			3.50		%	11/16/2026			169,761						191,329
			Halliburton Co			3.80		%	11/15/2025			89,874						101,203
			Hcp Inc			3.00		%	1/15/2030			119,831						133,178
			Hormel Foods Corp			1.80		%	6/11/2030			409,424						423,724
			Hsbc Hldgs Plc			4.58		%	6/19/2029			364,487						431,750
			Hsbc Hldgs Plc			2.63		%	11/7/2025			109,846						117,315
			Husky Energy Inc			4.00		%	4/15/2024			74,895						80,972
			Hydro Quebec			8.05		%	7/7/2024			69,902						90,335
			Ibm Corp			3.63		%	2/12/2024			199,719						221,671
			Indonesia Republic			3.50		%	1/11/2028			449,368						511,107
			Ingersoll Rand Global Hldg Co Ltd			4.25		%	6/15/2023			139,803						152,828
			Intuit Inc			0.95		%	7/15/2025			129,817						132,081
			Intuit Inc			1.35		%	7/15/2027			29,958						30,825
			Israel State			4.00		%	6/30/2022			199,719						210,759
			Italy Republic			2.38		%	10/17/2024			399,438						422,185
			Jm Smucker Co			3.50		%	3/15/2025			89,874						101,056
			Jpmbb_15-C30			3.55		%	7/15/2048			798,877						876,804
			Jpmcc_19-Cor4			3.76		%	3/10/2052			798,877						917,088
			Jpmorgan Chase & Co			3.88		%	9/10/2024			194,726						220,286
			Jpmorgan Chase & Co			3.51		%	1/23/2029			1,477,922						1,707,104
			Jpmorgan Chase & Co			4.45		%	12/5/2029			249,649						305,987
			Jpmorgan Chase & Co			2.52		%	4/22/2031			399,438						430,622
			Keybank Na			3.90		%	4/13/2029			499,298						582,103
			Keycorp			5.10		%	3/24/2021			69,902						71,601
			Kinder Morgan Energy Partners Lp			4.15		%	2/1/2024			79,888						88,880
			Laboratory Corp Of Amer			3.60		%	2/1/2025			209,705						235,032
			Laboratory Corp Of Amer			3.25		%	9/1/2024			39,944						43,878
			Lincoln Natl Corp			3.05		%	1/15/2030			44,937						50,721
			Lloyds Bkg Grp Plc			4.38		%	3/22/2028			199,719						239,426
			Lockheed Martin Corp			2.90		%	3/1/2025			334,530						367,641
			Lockheed Martin Corp			3.10		%	1/15/2023			159,775						170,189
			Lyb Intl Fin Iii Llc			3.38		%	5/1/2030			34,951						39,446
			Lyondellbasell Inds Nv			5.75		%	4/15/2024			164,768						191,680
			Markel Corp			3.35		%	9/17/2029			209,705						236,771
			Marriott Intl Inc			3.13		%	6/15/2026			149,789						160,158

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

63

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Marsh & Mclennan Cos Inc			3.50		%	6/3/2024			124,824						136,435
			Martin Marietta Materials Inc			2.50		%	3/15/2030			59,916						64,250
			Mcdonalds Corp			3.70		%	1/30/2026			174,754						201,336
			Mexico United Mexican States			4.00		%	10/2/2023			95,865						105,911
			Microsoft Corp			2.40		%	8/8/2026			159,775						175,816
			Morgan Stanley			4.00		%	7/23/2025			194,726						226,188
			Morgan Stanley			4.43		%	1/23/2030			459,354						568,093
			Morgan Stanley			3.77		%	1/24/2029			269,621						316,658
			Morgan Stanley			3.88		%	1/27/2026			404,431						470,526
			Morgan Stanley			2.63		%	11/17/2021			79,888						81,718
			Mplx Lp			4.50		%	7/15/2023			199,719						221,747
			Mplx Lp			4.13		%	3/1/2027			94,867						110,863
			Mplx Lp			4.00		%	3/15/2028			84,881						98,696
			Mplx Lp			4.80		%	2/15/2029			124,824						152,226
			Mplx Lp			4.25		%	12/1/2027			184,740						216,572
			Msbam_15-C23			3.45		%	7/15/2050			971,371						1,060,389
			Msbam_15-C24			3.73		%	5/15/2048			998,596						1,121,248
			Msbam_15-C25			3.37		%	10/15/2048			699,017						771,031
			Msbam_15-C26			3.21		%	10/15/2048			1,108,451						1,184,969
			Mylan Inc			4.55		%	4/15/2028			763,926						917,164
			Natwest Grp Plc			4.27		%	3/22/2025			409,424						457,443
			Newmont Corp			2.25		%	10/1/2030			44,937						47,580
			Nutrien Ltd			3.50		%	6/1/2023			159,775						170,240
			O Reilly Automotive Inc			1.75		%	3/15/2031			49,930						50,228
			Oncor Elec Delivery Co Llc			2.95		%	4/1/2025			119,831						131,673
			Oneok Inc			3.10		%	3/15/2030			594,164						636,427
			Oneok Partners Lp			3.38		%	10/1/2022			49,930						52,425
			Pacific Gas & Elec Co			1.75		%	6/16/2022			149,789						150,238
			Panama Republic			7.13		%	1/29/2026			299,579						391,472
			Panama Republic			3.16		%	1/23/2030			199,719						224,509
			Peacehealth Obligated Grp			1.38		%	11/15/2025			24,965						25,445
			Pefco			4.30		%	12/15/2021			159,775						165,942
			Pefco			3.55		%	1/15/2024			144,796						160,244
			Pepsico Inc			3.60		%	3/1/2024			139,803						154,512
			Philip Morris Intl Inc			2.63		%	3/6/2023			169,761						179,634
			Plains All Amern Pipeline Lp			3.55		%	12/15/2029			79,888						83,769
			Plains All Amern Pipeline Lp			3.80		%	9/15/2030			39,944						43,242
			Pnc Bk Na			3.25		%	6/1/2025			249,649						278,112
			Pnc Finl Svcs Grp Inc			3.90		%	4/29/2024			54,923						61,121
			Ppl Cap Fdg Inc			4.13		%	4/15/2030			199,719						239,635
			Pseg Pwr Llc			3.00		%	6/15/2021			179,747						181,635
			Puget Energy Inc			3.65		%	5/15/2025			84,881						93,751

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

64

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Puget Energy Inc			4.10		%	6/15/2030			139,803						160,264
			Quebec Province			7.13		%	2/9/2024			159,775						196,313
			Raytheon Tech Corp			4.13		%	11/16/2028			89,874						107,660
			Rock Tenn Co			4.90		%	3/1/2022			64,909						69,346
			Rogers Comm Inc			3.00		%	3/15/2023			69,902						74,044
			Royal Bk Of Canada			1.15		%	6/10/2025			424,403						433,907
			San Diego Gas & Elec Co			3.60		%	9/1/2023			119,831						130,133
			Schlumberger Investment Sa			3.65		%	12/1/2023			69,902						76,064
			Sempra Energy			3.40		%	2/1/2028			144,796						167,056
			Simon Property Grp Lp			3.75		%	2/1/2024			394,445						433,899
			Simon Property Grp Lp			3.50		%	9/1/2025			79,888						89,097
			Southern Ca Edison Co			3.50		%	10/1/2023			519,270						562,410
			Southwest Airlines Co			2.63		%	2/10/2030			149,789						154,276
			Southwest Airlines Co			4.75		%	5/4/2023			74,895						81,952
			Southwest Airlines Co			5.13		%	6/15/2027			119,831						142,558
			Stanford University			1.29		%	6/1/2027			399,438						409,899
			Stryker Corp			3.38		%	5/15/2024			79,888						87,404
			Stryker Corp			3.38		%	11/1/2025			69,902						78,575
			Sutter Health			3.70		%	8/15/2028			289,593						330,157
			T Mobile Usa Inc			3.88		%	4/15/2030			169,761						197,649
			T Mobile Usa Inc			2.05		%	2/15/2028			649,087						682,329
			Takeda Pharmaceutical Co Ltd			2.05		%	3/31/2030			239,663						247,165
			Thermo Fisher Scientific Inc			4.15		%	2/1/2024			39,944						44,855
			Thermo Fisher Scientific Inc			4.13		%	3/25/2025			49,930						57,353
			Total Cap Intl Sa			2.70		%	1/25/2023			84,881						90,046
			Total Cap Intl Sa			2.83		%	1/10/2030			124,824						141,168
			Treasury Bond			6.25		%	8/15/2023			3,924,481						4,640,445
			Treasury Note			2.13		%	7/31/2024			5,921,672						6,377,746
			Treasury Note			1.88		%	9/30/2022			1,630,707						1,688,013
			Treasury Note			2.00		%	10/31/2022			14,979						15,540
			Treasury Note			2.88		%	5/15/2028			1,767,514						2,054,153
			Treasury Note			2.88		%	11/15/2021			5,387,424						5,535,485
			Treasury Note			3.13		%	11/15/2028			8,143,548						9,674,238
			Treasury Note			2.63		%	2/15/2029			1,742,549						2,017,670
			Treasury Note			2.00		%	2/15/2025			3,050,710						3,289,689
			Treasury Note			2.00		%	8/15/2025			4,373,849						4,744,839
			Treasury Note			1.75		%	9/30/2022			1,258,231						1,299,293
			Treasury Note			2.25		%	11/15/2025			2,556,405						2,799,342
			Treasury Note			1.63		%	4/30/2023			8,368,232						8,679,180
			Treasury Note			1.63		%	11/15/2022			15,978						16,456
			Treasury Note			1.88		%	4/30/2022			8,053,674						8,266,407
			Treasury Note			2.13		%	5/15/2025			5,017,943						5,430,087

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

65

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Treasury Note			2.13		%	6/30/2022			2,561,398						2,637,990
			Treasury Note			1.38		%	2/15/2023			4,259,011						4,392,929
			Treasury Note			0.50		%	3/15/2023			11,124,356						11,230,466
			Treasury Note			0.38		%	4/30/2025			5,077,859						5,099,766
			Treasury Note			0.13		%	9/15/2023			6,111,405						6,108,910
			Treasury Note			0.25		%	9/30/2025			4,418,786						4,404,347
			Treasury Note			0.13		%	9/30/2022			3,180,527						3,181,667
			Treasury Note			0.88		%	11/15/2030			3,300,359						3,292,804
			Treasury Note			0.13		%	11/30/2022			159,775						159,805
			Treasury Note			0.63		%	11/30/2027			54,923						54,936
			Treasury Note			0.38		%	11/30/2025			968,638						970,319
			Treasury Note			0.13		%	12/15/2023			284,600						284,280
			Treasury Note			0.63		%	12/31/2027			798,877						798,058
			Treasury Note			0.38		%	12/31/2025			1,652,676						1,654,017
			Treasury Strip (Int)			—		%	2/15/2029			1,757,528						1,633,952
			Truist Bk			2.75		%	5/1/2023			199,719						211,256
			Tyson Foods Inc			4.00		%	3/1/2026			254,642						296,057
			Ubscm_18-C11			4.31		%	6/15/2051			524,263						590,171
			Ubscm_18-C13			4.07		%	10/15/2051			798,877						934,809
			Ubscm_18-C8			3.72		%	2/15/2051			998,596						1,146,511
			Umbs 30Yr Tba(Reg A)			2.50		%	1/14/2021			998,596						1,053,411
			Umbs 30Yr Tba(Reg A)			2.00		%	1/14/2021			2,995,787						3,113,648
			Umbs 30Yr Tba(Reg A)			3.00		%	1/14/2021			499,298						523,476
			Umbs 30Yr Tba(Reg A)			3.50		%	1/14/2021			(499,298)						(528,274)
			Umbs 30Yr Tba(Reg A)			2.00		%	2/11/2021			8,488,063						8,806,837
			Umbs 30Yr Tba(Reg A)			2.50		%	2/11/2021			998,596						1,051,346
			Unitedhealth Grp Inc			4.70		%	2/15/2021			119,831						122,340
			Unitedhealth Grp Inc			3.75		%	7/15/2025			289,593						335,003
			University of California			3.06		%	7/1/2025			474,333						528,139
			Upjohn Inc			2.70		%	6/22/2030			209,705						222,584
			Uruguay Republic			4.38		%	10/27/2027			529,256						629,992
			Us Bk Na Cincinnati			3.40		%	7/24/2023			124,824						136,051
			Us Bk Na Cincinnati			2.65		%	5/23/2022			249,649						258,283
			Valero Energy Corp			4.00		%	4/1/2029			99,860						113,374
			Ventas Realty Lp			3.85		%	4/1/2027			124,824						140,442
			Verisk Analytics Inc			4.13		%	9/12/2022			99,860						106,630
			Verizon Comms Inc			4.02		%	12/3/2029			467,343						$	556,023
			Verizon Communications Inc			4.33		%	9/21/2028			274,614						333,476
			Viacomcbs Inc			3.13		%	6/15/2022			99,860						101,878
			Viacomcbs Inc			3.88		%	4/1/2024			69,902						77,054
			Virginia Elec & Pwr Co			3.15		%	1/15/2026			239,663						269,286
			Wabtec Corp			3.45		%	11/15/2026			199,719						219,941

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

66

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Walt Disney Co			1.85		%	7/30/2026			134,810						143,135
			Waste Mgmt Inc			2.90		%	9/15/2022			74,895						78,316
			Wells Fargo & Co			3.00		%	10/23/2026			689,031						767,397
			Wells Fargo & Co			4.13		%	8/15/2023			14,979						16,583
			Wells Fargo & Co			2.57		%	2/11/2031			449,368						481,858
			Wfcm_16-C37			3.79		%	12/15/2049			604,150						694,182
			Williams Partners Lp			3.75		%	6/15/2027			149,789						171,552
			Williams Partners Lp			4.30		%	3/4/2024			194,726						217,379
			Xcel Energy Inc			3.30		%	6/1/2025			159,775						176,146
			Xylem Inc			4.88		%	10/1/2021			169,761						177,179
			Yale University			1.48		%	4/15/2030			354,501						363,570
			Total Prudential GA-62194															$	285,116,803
			American General Life Contract No. 725840
			American Intl Group Sr Unsec			4.20		%	4/1/2028			499,298						$	593,462
			Andrew W Mellon Foundati Unsec			0.95		%	8/1/2027			599,157						599,322
			Apple Inc Sr Unsec			1.70		%	9/11/2022			649,087						665,709
			Arrow Electronics Inc Sr Unsec			3.25		%	9/8/2024			499,298						540,612
			Barclays Plc Sr Unsec			2.85		%	5/7/2026			649,087						697,796
			Barclays Plc Sr Unsec			3.65		%	3/16/2025			499,298						550,789
			Bay Area Ca Toll Authority			2.57		%	4/1/2031			599,157						646,635
			Bnp Paribas Sr Non-Prefer 144A			3.05		%	1/13/2031			599,157						654,596
			Bp Cap Markets America Sr Unsec			4.74		%	3/11/2021			1,248,245						1,258,413
			Brookfield Finance Inc Sr Unsec			4.35		%	4/15/2030			748,947						898,283
			Cobb-Marietta Coliseum			2.55		%	7/1/2021			624,122						630,551
*			Collective Us Govt Stif 15 Bps			—		%	12/1/2030			252,883						252,883
			Cooperatieve Rabobank Ua Sr Unsec 144A			3.88		%	9/26/2023			2,596,349						2,833,950
			Daimler Finance Na Llc			3.75		%	11/5/2021			349,508						359,299
			Daimler Finance Na Llc Sr Unsec 144A Frn			1.12		%	2/15/2022			499,298						503,138
			Dell Int Llc / Emc Corp Sr Sec 144A			4.90		%	10/1/2026			249,649						295,015
			Dell Intl Llc / Emc 144A Smr			6.02		%	6/15/2026			249,649						304,767
			Deutsche Bank Ny Sr Unsec			4.25		%	10/14/2021			699,017						716,956
			Emory University Unsec			2.14		%	9/1/2030			649,087						683,215
			Enbridge Inc Sr Unsec			0.72		%	2/18/2022			649,087						649,528
			Entergy Louisiana Llc 1St Mtge Sec			0.62		%	11/17/2023			499,298						501,022
			European Investment Bank Sr Unsec			2.00		%	3/15/2021			1,123,420						1,127,613
			Fed Home Ln Bk Bd (1.331Mmm)			3.38		%	12/8/2023			848,806						927,602
			Fed Home Ln Mtge Glbl Nt (1.035Mmm)			0.80		%	10/28/2026			1,348,104						1,348,775
			Fed Home Ln Mtge Glbl Nt (3.5Mmm)			0.25		%	9/8/2023			1,947,262						1,951,565
			Fed Home Ln Mtge Glbl Nt (850Mm)			0.65		%	10/27/2025			1,947,262						1,948,115

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

67

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Fh Arm 1Q1534 H15T1Y+223.1 10.261			3.23		%	6/1/2037			161,387						170,716
			Fhlmc Gold 30Yr #Q3-7305			3.00		%	11/1/2045			840,530						897,602
			Fhlmc Gold 30Yr Gnt #G0-8687			3.50		%	1/1/2046			1,389,120						1,497,029
			Fhlmc Gold 30Yr Gnt #G0-8693			3.50		%	3/1/2046			32,075						34,327
			Fhlmc Gold 30Yr Gnt #G0-8823			3.50		%	7/1/2048			728,440						769,350
			Fhlmc Gold 30Yr Gnt #G6-1040			3.50		%	6/1/2047			4,397,245						4,767,843
			Fn Arm 793029 Us0006M+158.2 10.869			1.99		%	7/1/2034			137,324						142,408
			Fnma Nt (3Mmm)			2.00		%	1/5/2022			3,545,015						3,612,837
			Fnma Pass Thru 15Yr #Al2222			3.00		%	8/1/2027			71,742						76,272
			Fnma Pass Thru 15Yr #Fm1796			3.50		%	10/1/2034			1,067,387						1,143,864
			Fnma Pass Thru 15Yr #Fm1843			3.50		%	11/1/2034			876,310						937,999
			Fnma Pass Thru 15Yr #Fm3869			3.00		%	6/1/2035			171,738						180,023
			Fnma Pass Thru 15Yr #Fm4457			3.00		%	7/1/2035			1,668,439						1,748,648
			Fnma Pass Thru 20Yr #255075			5.50		%	2/1/2024			86,030						96,028
			Fnma Pass Thru 20Yr #256600			5.50		%	2/1/2027			391						439
			Fnma Pass Thru 20Yr #257047			5.50		%	1/1/2028			21,026						23,508
			Fnma Pass Thru 20Yr #310164			5.50		%	1/1/2026			42,705						47,668
			Fnma Pass Thru 20Yr #888843			5.50		%	3/1/2027			23,665						26,415
			Fnma Pass Thru 20Yr #Ad0912			5.50		%	4/1/2029			69,721						77,963
			Fnma Pass Thru 20Yr #Ae0787			5.50		%	5/1/2028			26,605						29,697
			Fnma Pass Thru 20Yr #Al6938			5.50		%	4/1/2030			38,515						42,991
			Fnma Pass Thru 30Yr #357908			5.50		%	7/1/2035			8,513						10,010
			Fnma Pass Thru 30Yr #756202			5.50		%	12/1/2033			7,650						8,948
			Fnma Pass Thru 30Yr #802316			5.50		%	11/1/2034			6,038						6,759
			Fnma Pass Thru 30Yr #808040			5.50		%	2/1/2035			128,407						150,893
			Fnma Pass Thru 30Yr #817640			5.50		%	11/1/2035			73,274						81,884
			Fnma Pass Thru 30Yr #831356			5.50		%	3/1/2036			60,234						70,835
			Fnma Pass Thru 30Yr #849299			5.50		%	1/1/2036			121,072						142,356
			Fnma Pass Thru 30Yr #865433			5.50		%	2/1/2036			4,008						4,547
			Fnma Pass Thru 30Yr #889561			5.50		%	6/1/2038			78,119						91,868
			Fnma Pass Thru 30Yr #940765			5.50		%	6/1/2037			50,743						59,653
			Fnma Pass Thru 30Yr #995759			5.50		%	11/1/2038			238,407						278,988
			Fnma Pass Thru 30Yr #Ad0963			5.50		%	9/1/2038			30,196						35,199
			Fnma Pass Thru 30Yr #Al7579			5.50		%	2/1/2042			71,532						84,089
			Fnma Pass Thru 30Yr #As0924			5.00		%	11/1/2043			616,420						695,076
			Fnma Pass Thru 30Yr #Au5386			3.00		%	6/1/2043			1,302,940						1,381,109
			Fnma Pass Thru 30Yr #Fm3241			3.00		%	3/1/2050			1,562,480						1,660,415
			Fnma Pass Thru 30Yr #Ma3495			4.00		%	10/1/2048			2,207,413						2,357,338
			Fnma Pass Thru 30Yr #Zt1594			4.00		%	1/1/2049			1,299,930						1,386,962
			Fnma Tba 2.0% Mar 30Yr			2.00		%	3/11/2051			3,095,647						3,205,448
			Fnma Tba 2.5% Mar 30Yr			2.50		%	3/11/2051			21,819,315						22,931,609
			Gnma Ii Multpl Sgl 30Yr #Ma4587M			4.00		%	7/20/2047			688,315						741,517

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

68

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Gnma Ii Multpl Sgl 30Yr #Ma4720M			4.00		%	9/20/2047			1,454,448						1,568,261
			Gnma Ii Tba 2.0% Mar 30Yr Jmbo			2.00		%	3/18/2051			5,292,557						5,517,491
			Gnma Ii Tba 2.5% Mar 30Yr Jmbo			2.50		%	3/18/2051			1,298,174						1,369,219
			Goldman Sachs Group Inc Sr Unsec			3.85		%	1/26/2027			2,496,489						2,850,306
			Guardian Life Glob Sec 144A			2.00		%	4/26/2021			998,596						1,004,122
			Hsbc Holdings Plc Sr Unsec			4.58		%	6/19/2029			1,897,332						2,246,088
			Industry Pub Facs-A			4.34		%	7/1/2024			499,298						552,208
			Ing Bank Nv Covered Sec 144A			2.63		%	12/5/2022			674,052						703,958
			Jackson Natl Life Global Sec 144A			2.25		%	4/29/2021			249,649						251,235
			Jpmorgan Chase & Co Sr Unsec			4.01		%	4/23/2029			1,497,893						1,760,285
			Kinder Morgan Ener Part Sr Unsec			4.25		%	9/1/2024			848,806						948,880
			Lloyds Banking Group Plc Sr Unsec			4.55		%	8/16/2028			699,017						844,055
			Lloyds Banking Group Plc Sr Unsec			3.57		%	11/7/2028			249,649						282,087
			Met Tow Gl Funding Sofr Sec 144A			0.64		%	1/17/2023			748,947						751,716
			Met Trn Auth-A2-Babs			5.36		%	11/15/2023			299,579						333,132
			Mizuho Financial Group Sr Unsec 144A			3.48		%	4/12/2026			748,947						839,981
			Morgan Stanley Sr Unsec			3.63		%	1/20/2027			1,298,174						1,487,916
			Morgan Stanley Sr Unsec			3.59		%	7/22/2028			499,298						570,551
			New York Life Global Fdg Sec 144A			0.49		%	1/21/2022			349,508						350,370
			Nissan Motor Co Sr Unsec 144A			4.35		%	9/17/2027			499,298						552,121
			Ny St Urban Dev-B			2.10		%	3/15/2022			841,317						850,723
			Nys Twy-Txb-B-Babs			5.45		%	4/1/2025			848,806						964,804
			Oracle Corp Sr Unsec			2.95		%	11/15/2024			998,596						1,087,005
			Pacific Gas & Electric			1.60		%	11/15/2021			149,789						149,891
			Pacific Gas & Electric Sr Unsec			4.25		%	8/1/2023			249,649						268,261
			Pacific Gas & Electric Sr Unsec			3.85		%	11/15/2023			399,438						424,971
			Ppl Wem Holdings Plc Sr Unsec 144A			5.38		%	5/1/2021			449,368						450,994
			Santander Uk Group Hldgs Sr Unsec			3.37		%	1/5/2024			499,298						525,850
			Seven & I Holdings Sr Unsec 144A			3.35		%	9/17/2021			499,298						509,128
			Slclt 2007-1 A4 3Mlib+6Bp			0.28		%	5/15/2029			420,581						413,914
			Slma 2005-7 A4 3Mlib+15Bp			0.36		%	10/25/2029			446,771						442,979
			Slma 2005-8 A4 3Mlib			0.76		%	1/25/2028			286,323						286,414
			Slma 2006-5 A5 3Mlib+11Bp			0.32		%	1/25/2027			13,595						13,592
			Slma 2006-8 A5 3Mlib+11Bp			0.32		%	1/27/2025			181,623						181,434
			Slma 2007-1 A5 3Mlib+9			0.30		%	1/26/2026			60,041						60,017
			Smbc Aviation Capital Fi Sr Unsec 144A			4.13		%	7/15/2023			499,298						533,567
			Sprint Spectrum / Spec I Sec 144A			3.36		%	3/20/2023			159,151						160,896
			Standard Chartered Pl Sr Unsec 144A Sofr			1.34		%	10/14/2023			599,157						603,237
			Stanford University Unsec			1.29		%	6/1/2027			349,508						360,136
			Sumitomo Mitsui Finl Grp Sr Unsec			2.13		%	7/8/2030			499,298						521,314
			Sutter Health Unsec			3.70		%	8/15/2028			599,157						680,213

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

69

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Telstra Corp Ltd Nt 144A			4.80		%	10/12/2021			149,789						154,879
			U S Treasury Note			1.50		%	11/30/2021			12,132,937						12,285,706
			U S Treasury Note			1.50		%	10/31/2021			3,844,593						3,888,764
			U S Treasury Note			2.25		%	4/30/2021			8,737,712						8,798,408
			U S Treasury Note			2.13		%	12/31/2021			1,398,034						1,426,026
			U S Treasury Note			1.75		%	7/31/2021			6,740,521						6,804,630
			U S Treasury Note			2.13		%	5/31/2021			5,292,557						5,335,775
			U S Treasury Note			2.88		%	11/15/2021			1,497,893						1,533,600
			U S Treasury Note			0.13		%	11/30/2022			9,886,097						9,888,028
			U S Treasury Note			0.13		%	10/31/2022			13,730,690						13,733,372
			U S Treasury Note			1.38		%	1/31/2025			1,447,964						1,513,405
			U S Treasury Note			1.88		%	1/31/2022			13,481,041						13,737,497
			U S Treasury Note			1.75		%	3/31/2022			1,497,893						1,528,436
			U S Treasury Repo			0.11		%	1/5/2021			33,103,446						33,103,446
			U S Treasury Repo			0.12		%	1/4/2021			33,103,446						33,103,446
			Ubs Group Ag Sr Unsec 144A			1.36		%	1/30/2027			998,596						1,010,517
			Ubs Group Funding Sr Unsec 144A			4.13		%	9/24/2025			174,754						200,321
			Univ Of Pittsburgh Pa			2.32		%	9/15/2021			1,148,385						1,164,956
			Ut St-Babs-B			3.54		%	7/1/2025			1,023,561						1,113,869
			Wells Fargo & Company Sr Unsec			2.88		%	10/30/2030			199,719						218,062
			Wells Fargo & Company Sr Unsec			3.20		%	6/17/2027			349,508						387,784
			Wells Fargo & Company Sr Unsec			3.58		%	5/22/2028			499,298						566,326
			Wells Fargo & Company Sr Unsec			3.55		%	9/29/2025			848,806						953,919
			Wells Fargo & Company Sr Unsec			3.00		%	4/22/2026			624,122						687,416
			Yale University Unsec			0.87		%	4/15/2025			998,596						1,014,985
			Interest Receivable															743,509
			Net Unsettled Trades															(65,690,431)
			Broker Money															(141,807)
			Total American General Life Contract No. 725840															$	197,186,907
			Royal Bank of Canada Contract No. Citigroup01
			American Intl Group Sr Unsec			4.20		%	4/1/2028			499,298						$	593,462
			Andrew W Mellon Foundati Unsec			0.95		%	8/1/2027			599,157						599,322
			Apple Inc Sr Unsec			1.70		%	9/11/2022			649,087						665,709
			Arrow Electronics Inc Sr Unsec			3.25		%	9/8/2024			499,298						540,612
			Barclays Plc Sr Unsec			2.85		%	5/7/2026			649,087						697,796
			Barclays Plc Sr Unsec			3.65		%	3/16/2025			499,298						550,789
			Bay Area Ca Toll Authority			2.57		%	4/1/2031			599,157						646,635
			Bnp Paribas Sr Non-Prefer 144A			3.05		%	1/13/2031			599,157						654,596
			Bp Cap Markets America Sr Unsec			4.74		%	3/11/2021			1,248,245						1,258,413
			Brookfield Finance Inc Sr Unsec			4.35		%	4/15/2030			748,947						898,283

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

70

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Cobb-Marietta Coliseum			2.55		%	7/1/2021			624,122						630,551
*			Collective Us Govt Stif 15 Bps			—		%	12/1/2030			252,883						252,883
			Cooperatieve Rabobank Ua Sr Unsec 144A			3.88		%	9/26/2023			2,596,349						2,833,950
			Daimler Finance Na Llc			3.75		%	11/5/2021			349,508						359,299
			Daimler Finance Na Llc Sr Unsec 144A Frn			1.12		%	2/15/2022			499,298						503,138
			Dell Int Llc / Emc Corp Sr Sec 144A			4.90		%	10/1/2026			249,649						295,015
			Dell Intl Llc / Emc 144A Smr			6.02		%	6/15/2026			249,649						304,767
			Deutsche Bank Ny Sr Unsec			4.25		%	10/14/2021			699,017						716,956
			Emory University Unsec			2.14		%	9/1/2030			649,087						683,215
			Enbridge Inc Sr Unsec			0.72		%	2/18/2022			649,087						649,528
			Entergy Louisiana Llc 1St Mtge Sec			0.62		%	11/17/2023			499,298						501,022
			European Investment Bank Sr Unsec			2.00		%	3/15/2021			1,123,420						1,127,613
			Fed Home Ln Bk Bd (1.331Mmm)			3.38		%	12/8/2023			848,806						927,602
			Fed Home Ln Mtge Glbl Nt (1.035Mmm)			0.80		%	10/28/2026			1,348,104						1,348,775
			Fed Home Ln Mtge Glbl Nt (3.5Mmm)			0.25		%	9/8/2023			1,947,262						1,951,565
			Fed Home Ln Mtge Glbl Nt (850Mm)			0.65		%	10/27/2025			1,947,262						1,948,115
			Fh Arm 1Q1534 H15T1Y+223.1 10.261			3.23		%	6/1/2037			161,387						170,716
			Fhlmc Gold 30Yr #Q3-7305			3.00		%	11/1/2045			840,530						897,602
			Fhlmc Gold 30Yr Gnt #G0-8687			3.50		%	1/1/2046			1,389,120						1,497,029
			Fhlmc Gold 30Yr Gnt #G0-8693			3.50		%	3/1/2046			32,075						34,327
			Fhlmc Gold 30Yr Gnt #G0-8823			3.50		%	7/1/2048			728,440						769,350
			Fhlmc Gold 30Yr Gnt #G6-1040			3.50		%	6/1/2047			4,397,245						4,767,843
			Fn Arm 793029 Us0006M+158.2 10.869			1.99		%	7/1/2034			137,324						142,408
			Fnma Nt (3Mmm)			2.00		%	1/5/2022			3,545,015						3,612,837
			Fnma Pass Thru 15Yr #Al2222			3.00		%	8/1/2027			71,742						76,272
			Fnma Pass Thru 15Yr #Fm1796			3.50		%	10/1/2034			1,067,387						1,143,864
			Fnma Pass Thru 15Yr #Fm1843			3.50		%	11/1/2034			876,310						937,999
			Fnma Pass Thru 15Yr #Fm3869			3.00		%	6/1/2035			171,738						180,023
			Fnma Pass Thru 15Yr #Fm4457			3.00		%	7/1/2035			1,668,439						1,748,648
			Fnma Pass Thru 20Yr #255075			5.50		%	2/1/2024			86,030						96,028
			Fnma Pass Thru 20Yr #256600			5.50		%	2/1/2027			391						439
			Fnma Pass Thru 20Yr #257047			5.50		%	1/1/2028			21,026						23,508
			Fnma Pass Thru 20Yr #310164			5.50		%	1/1/2026			42,705						47,668
			Fnma Pass Thru 20Yr #888843			5.50		%	3/1/2027			23,665						26,415
			Fnma Pass Thru 20Yr #Ad0912			5.50		%	4/1/2029			69,721						77,963
			Fnma Pass Thru 20Yr #Ae0787			5.50		%	5/1/2028			26,605						29,697
			Fnma Pass Thru 20Yr #Al6938			5.50		%	4/1/2030			38,515						42,991
			Fnma Pass Thru 30Yr #357908			5.50		%	7/1/2035			8,513						10,010
			Fnma Pass Thru 30Yr #756202			5.50		%	12/1/2033			7,650						8,948
			Fnma Pass Thru 30Yr #802316			5.50		%	11/1/2034			6,038						6,759
			Fnma Pass Thru 30Yr #808040			5.50		%	2/1/2035			128,407						150,893

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

71

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Fnma Pass Thru 30Yr #817640			5.50		%	11/1/2035			73,274						81,884
			Fnma Pass Thru 30Yr #831356			5.50		%	3/1/2036			60,234						70,835
			Fnma Pass Thru 30Yr #849299			5.50		%	1/1/2036			121,072						142,356
			Fnma Pass Thru 30Yr #865433			5.50		%	2/1/2036			4,008						4,547
			Fnma Pass Thru 30Yr #889561			5.50		%	6/1/2038			78,119						91,868
			Fnma Pass Thru 30Yr #940765			5.50		%	6/1/2037			50,743						59,653
			Fnma Pass Thru 30Yr #995759			5.50		%	11/1/2038			238,407						278,988
			Fnma Pass Thru 30Yr #Ad0963			5.50		%	9/1/2038			30,196						35,199
			Fnma Pass Thru 30Yr #Al7579			5.50		%	2/1/2042			71,532						84,089
			Fnma Pass Thru 30Yr #As0924			5.00		%	11/1/2043			616,420						695,076
			Fnma Pass Thru 30Yr #Au5386			3.00		%	6/1/2043			1,302,940						1,381,109
			Fnma Pass Thru 30Yr #Fm3241			3.00		%	3/1/2050			1,562,480						1,660,415
			Fnma Pass Thru 30Yr #Ma3495			4.00		%	10/1/2048			2,207,413						2,357,338
			Fnma Pass Thru 30Yr #Zt1594			4.00		%	1/1/2049			1,299,930						1,386,962
			Fnma Tba 2.0% Mar 30Yr			2.00		%	3/11/2051			3,095,647						3,205,448
			Fnma Tba 2.5% Mar 30Yr			2.50		%	3/11/2051			21,819,315						22,931,609
			Gnma Ii Multpl Sgl 30Yr #Ma4587M			4.00		%	7/20/2047			688,315						741,517
			Gnma Ii Multpl Sgl 30Yr #Ma4720M			4.00		%	9/20/2047			1,454,448						1,568,261
			Gnma Ii Tba 2.0% Mar 30Yr Jmbo			2.00		%	3/18/2051			5,292,557						5,517,491
			Gnma Ii Tba 2.5% Mar 30Yr Jmbo			2.50		%	3/18/2051			1,298,174						1,369,219
			Goldman Sachs Group Inc Sr Unsec			3.85		%	1/26/2027			2,496,489						2,850,306
			Guardian Life Glob Sec 144A			2.00		%	4/26/2021			998,596						1,004,122
			Hsbc Holdings Plc Sr Unsec			4.58		%	6/19/2029			1,897,332						2,246,088
			Industry Pub Facs-A			4.34		%	7/1/2024			499,298						552,208
			Ing Bank Nv Covered Sec 144A			2.63		%	12/5/2022			674,052						703,958
			Jackson Natl Life Global Sec 144A			2.25		%	4/29/2021			249,649						251,235
			Jpmorgan Chase & Co Sr Unsec			4.01		%	4/23/2029			1,497,893						1,760,285
			Kinder Morgan Ener Part Sr Unsec			4.25		%	9/1/2024			848,806						948,880
			Lloyds Banking Group Plc Sr Unsec			4.55		%	8/16/2028			699,017						844,055
			Lloyds Banking Group Plc Sr Unsec			3.57		%	11/7/2028			249,649						282,087
			Met Tow Gl Funding Sofr Sec 144A			0.64		%	1/17/2023			748,947						751,716
			Met Trn Auth-A2-Babs			5.36		%	11/15/2023			299,579						333,132
			Mizuho Financial Group Sr Unsec 144A			3.48		%	4/12/2026			748,947						839,981
			Morgan Stanley Sr Unsec			3.63		%	1/20/2027			1,298,174						1,487,916
			Morgan Stanley Sr Unsec			3.59		%	7/22/2028			499,298						570,551
			New York Life Global Fdg Sec 144A			0.49		%	1/21/2022			349,508						350,370
			Nissan Motor Co Sr Unsec 144A			4.35		%	9/17/2027			499,298						552,121
			Ny St Urban Dev-B			2.10		%	3/15/2022			841,317						850,723
			Nys Twy-Txb-B-Babs			5.45		%	4/1/2025			848,806						964,804
			Oracle Corp Sr Unsec			2.95		%	11/15/2024			998,596						1,087,005
			Pacific Gas & Electric			1.60		%	11/15/2021			149,789						149,891
			Pacific Gas & Electric Sr Unsec			4.25		%	8/1/2023			249,649						268,261

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

72

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Pacific Gas & Electric Sr Unsec			3.85		%	11/15/2023			399,438						424,971
			Ppl Wem Holdings Plc Sr Unsec 144A			5.38		%	5/1/2021			449,368						450,994
			Santander Uk Group Hldgs Sr Unsec			3.37		%	1/5/2024			499,298						525,850
			Seven & I Holdings Sr Unsec 144A			3.35		%	9/17/2021			499,298						509,128
			Slclt 2007-1 A4 3Mlib+6Bp			0.28		%	5/15/2029			420,581						413,914
			Slma 2005-7 A4 3Mlib+15Bp			0.36		%	10/25/2029			446,771						442,979
			Slma 2005-8 A4 3Mlib			0.76		%	1/25/2028			286,323						286,414
			Slma 2006-5 A5 3Mlib+11Bp			0.32		%	1/25/2027			13,595						13,592
			Slma 2006-8 A5 3Mlib+11Bp			0.32		%	1/27/2025			181,623						181,434
			Slma 2007-1 A5 3Mlib+9			0.30		%	1/26/2026			60,041						60,017
			Smbc Aviation Capital Fi Sr Unsec 144A			4.13		%	7/15/2023			499,298						533,567
			Sprint Spectrum / Spec I Sec 144A			3.36		%	3/20/2023			159,151						160,896
			Standard Chartered Pl Sr Unsec 144A Sofr			1.34		%	10/14/2023			599,157						603,237
			Stanford University Unsec			1.29		%	6/1/2027			349,508						360,136
			Sumitomo Mitsui Finl Grp Sr Unsec			2.13		%	7/8/2030			$	499,298					521,314
			Sutter Health Unsec			3.70		%	8/15/2028			$	599,157					680,213
			Telstra Corp Ltd Nt 144A			4.80		%	10/12/2021			$	149,789					154,879
			U S Treasury Note			1.50		%	11/30/2021			$	12,132,937					12,285,706
			U S Treasury Note			1.50		%	10/31/2021			$	3,844,593					3,888,764
			U S Treasury Note			2.25		%	4/30/2021			8,737,712						8,798,408
			U S Treasury Note			2.13		%	12/31/2021			1,398,034						1,426,026
			U S Treasury Note			1.75		%	7/31/2021			6,740,521						6,804,630
			U S Treasury Note			2.13		%	5/31/2021			5,292,557						5,335,775
			U S Treasury Note			2.88		%	11/15/2021			1,497,893						1,533,600
			U S Treasury Note			0.13		%	11/30/2022			9,886,097						9,888,028
			U S Treasury Note			0.13		%	10/31/2022			13,730,690						13,733,372
			U S Treasury Note			1.38		%	1/31/2025			1,447,964						1,513,405
			U S Treasury Note			1.88		%	1/31/2022			13,481,041						13,737,497
			U S Treasury Note			1.75		%	3/31/2022			1,497,893						1,528,436
			U S Treasury Repo			0.11		%	1/5/2021			33,103,446						33,103,446
			U S Treasury Repo			0.12		%	1/4/2021			33,103,446						33,103,446
			Ubs Group Ag Sr Unsec 144A			1.36		%	1/30/2027			998,596						1,010,517
			Ubs Group Funding Sr Unsec 144A			4.13		%	9/24/2025			174,754						200,321
			Univ Of Pittsburgh Pa			2.32		%	9/15/2021			1,148,385						1,164,956
			Ut St-Babs-B			3.54		%	7/1/2025			1,023,561						1,113,869
			Wells Fargo & Company Sr Unsec			2.88		%	10/30/2030			199,719						218,062
			Wells Fargo & Company Sr Unsec			3.20		%	6/17/2027			349,508						387,784
			Wells Fargo & Company Sr Unsec			3.58		%	5/22/2028			499,298						566,326
			Wells Fargo & Company Sr Unsec			3.55		%	9/29/2025			848,806						953,919
			Wells Fargo & Company Sr Unsec			3.00		%	4/22/2026			624,122						687,416
			Yale University Unsec			0.87		%	4/15/2025			998,596						1,014,985

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

73

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Interest Receivable															743,509
			Net Unsettled Trades															(65,690,431)
			Broker Money															(141,807)
			Total Royal Bank of Canada Contract No. Citigroup01															$	197,186,907
			American United Life Insurance Company: S00020
			Bank 2018-Bn13 A1			3.22		%	5/15/2023			4,244,032						2,290,895
			Bank 2017-Bnk4 A1			2.00		%	12/15/2021			2,097,051						518,930
			Cnh 2019-A A3			3.01		%	2/15/2023			1,747,542						1,604,959
			Cnh 2019-C A3			2.01		%	7/17/2023			1,997,191						2,043,721
			Comm 2014-Cr14 A2			3.15		%	7/10/2023			2,471,524						774,766
			Cgcmt 2019-C7 A1			2.08		%	11/15/2024			1,997,191						1,812,165
			Comm 2013-Lc6 A4			2.94		%	44907			2,895,927						2,420,012
			Duk 1.731 09/01/22			1.73		%	9/1/2022			5,492,276						3,998,398
			Fnr 2011-87 Ja			3.00		%	11/25/2022			5,816,820						289,229
			Fnr 2011-132 A			3.00		%	2/25/2021			7,988,765						55,704
			Fnr 2013-79 Va			3.50		%	7/25/2022			7,789,046						2,983,541
			Fnr 2015-48 Db			3.00		%	1/25/2022			2,995,787						496,109
			Fnr 2019-66 Kc			3.00		%	4/25/2022			3,794,664						867,824
			Fnr 2020-47 Ga			2.00		%	11/25/2022			3,445,155						2,965,768
			Fhr 3970 Da			3.00		%	1/15/2021			5,292,557						8,856
			Fhr 3979 Gd			3.00		%	11/15/2021			3,495,085						133,132
			Fhr 4039 Me			2.00		%	10/16/2023			4,992,978						408,167
			Fhr 4272 Yg			2.00		%	11/15/2023			4,992,978						621,391
			Fhr 4297 Ca			3.00		%	11/15/2022			6,490,872						1,064,579
			Fhr 4302 Da			3.00		%	7/15/2022			8,737,712						1,425,587
			Fhr 4486 Jn			2.00		%	4/15/2024			2,995,787						571,410
			Fhr 4504 Dn			3.00		%	1/18/2022			6,590,731						828,933
			Fhr 4571 Ca			2.50		%	10/15/2026			4,094,242						1,770,424
			Fhr 5057 Ab			2.50		%	11/25/2026			2,676,236						2,713,188
			Fnr 2011-24 Ha			4.00		%	5/25/2022			16,476,828						775,497
			Gnr 2013-41 Pa			2.50		%	6/20/2023			5,691,995						1,042,553
			Gnr 2013-124 Cp			2.50		%	4/20/2022			4,244,032						239,937
			Gnr 2015-16 Gm			2.00		%	12/20/2024			6,191,293						1,465,619
			Gnr 2020-74 Dc			1.00		%	2/22/2028			3,994,383						3,173,054
			Mbart 2018-1 A3			3.03		%	12/15/2021			2,047,121						974,459
			Narot 2019-C A3			1.93		%	3/15/2023			1,497,893						1,529,728
			Ubscm 2012-C1 A3			3.40		%	3/10/2022			3,445,155						3,182,329
			T 2 1/2 02/28/21			2.50		%	3/1/2021			778,905						788,263
			T 1 1/2 08/31/21			1.50		%	8/31/2021			6,654,642						6,748,219
			Wfcm 2012-Lc5 A3			2.92		%	9/15/2022			3,195,506						2,910,772

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

74

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Woart 2019-B A3			2.59		%	11/15/2022			2,895,927						2,947,430
			Wrapper															6,706
			Total American United Life Insurance Company: S00020															$	58,452,254
			Reinsurance Group of America Contract No. RGA00084
			Abbvie, Inc. 3.20 11/21/2029			3.20		%	11/21/2029			2,895,927						$	3,254,112
			American Express Master Trust 2.87 10/15/2024			2.87		%	10/15/2024			3,515,057						3,631,237
			Anheuser-Busch Inbev Sa/Nv 3.65 02/01/2026			3.65		%	2/1/2026			973,631						1,114,767
			Anthem, Inc. 2.95 12/01/2022			2.95		%	12/1/2022			998,596						1,048,534
			At&T, Inc. 2.75 06/01/2031			2.75		%	6/1/2031			3,145,576						3,367,634
			Bank Of America Corp. 3.004 12/20/2023			3.00		%	12/20/2023			1,651,677						1,740,735
			Bank Of America Corp. 3.593 07/21/2028			3.59		%	7/21/2028			399,438						459,969
			Bank Of America Corp. 4.183 11/25/2027			4.18		%	11/25/2027			449,368						523,052
			Bank Of America Corp. 4.20 08/26/2024			4.20		%	8/26/2024			2,196,910						2,496,515
			Barclays Plc 4.337 01/10/2028			4.34		%	1/10/2028			998,596						1,167,339
			Bayer Ag 4.375 12/15/2028			4.38		%	12/15/2028			923,701						1,087,788
			Bayerische Motoren Werke Ag 2.80 04/11/2026			2.80		%	4/11/2026			998,596						1,087,303
			Bayerische Motoren Werke Ag 3.15 04/18/2024			3.15		%	4/18/2024			524,263						568,562
			Berkshire Hathaway Energy 2.70 09/15/2030			2.70		%	9/15/2030			1,547,823						1,712,450
			Bnp Paribas Sa 4.375 05/12/2026			4.38		%	5/12/2026			624,122						721,051
			Bnp Paribas Sa 4.375 09/28/2025			4.38		%	9/28/2025			1,897,332						2,194,842
			Bnp Paribas Sa 4.625 03/13/2027			4.63		%	3/13/2027			224,684						265,039
			Boston Properties, Inc. 3.125 09/01/2023			3.13		%	9/1/2023			1,447,964						1,551,947
			Boston Properties, Inc. 3.25 01/30/2031			3.25		%	1/30/2031			748,947						835,471
			British American Tobacco Plc 2.726 03/25/2031			2.73		%	3/25/2031			773,912						806,734
			Burlington Northern Santa Fe Llc 3.442 06/16/2028			3.44		%	6/16/2028			396,007						447,843
			Capital One Financial Corp. 3.50 06/15/2023			3.50		%	6/15/2023			948,666						1,019,425
			Capital One Financial Corp. 4.20 10/29/2025			4.20		%	10/29/2025			499,298						573,071
			Cash			0.01		%				5,482,602						5,482,602
			Charter Communications, Inc. 4.20 03/15/2028			4.20		%	3/15/2028			1,447,964						1,688,002
			Charter Communications, Inc. 4.908 07/23/2025			4.91		%	7/23/2025			1,348,104						1,595,336
			Charter Communications, Inc. 5.05 03/30/2029			5.05		%	3/30/2029			249,649						306,590
			Cigna Corp. 4.375 10/15/2028			4.38		%	10/15/2028			549,228						668,627
			Comcast Corp. 3.95 10/15/2025			3.95		%	10/15/2025			549,228						635,445
			Conocophillips 4.95 03/15/2026			4.95		%	3/15/2026			1,747,542						2,123,273

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

75

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Cox Enterprises, Inc. 3.25 12/15/2022			3.25		%	12/15/2022			998,596						1,053,231
			Cox Enterprises, Inc. 3.85 02/01/2025			3.85		%	2/1/2025			1,398,034						1,581,215
			Crh Plc 3.875 05/18/2025			3.88		%	5/18/2025			948,666						1,073,554
			Cvs Health Corp. 4.30 03/25/2028			4.30		%	3/25/2028			816,851						981,659
			Dominion Energy, Inc. 2.75 03/15/2023			2.75		%	3/15/2023			973,631						1,027,197
			Dominion Energy, Inc. 3.375 04/01/2030			3.38		%	4/1/2030			1,148,385						1,317,126
			Dow, Inc. 4.80 11/30/2028			4.80		%	11/30/2028			1,447,964						1,785,315
			Equity Residential 4.625 12/15/2021			4.63		%	12/15/2021			1,497,893						1,544,129
			Exelon Corp. 2.95 08/15/2027			2.95		%	8/15/2027			499,298						559,680
			Exelon Corp. 3.15 10/15/2025			3.15		%	10/15/2025			943,673						1,053,450
			Exxon Mobil Corp. 3.482 03/19/2030			3.48		%	3/19/2030			1,148,385						1,347,763
			Fannie Mae 2.00 11/01/2050			2.00		%	11/1/2050			4,518,293						4,713,559
			Fannie Mae 2.50 08/01/2050			2.50		%	8/1/2050			6,278,465						6,696,788
			Fannie Mae 2.50 09/01/2040			2.50		%	9/1/2040			11,564,295						12,379,730
			Fannie Mae 2.50 09/01/2050			2.50		%	9/1/2050			8,303,153						8,817,727
			Fannie Mae 2.887 10/01/2047			2.88		%	10/1/2047			396,778						414,545
			Fannie Mae 2.954 10/01/2047			2.95		%	10/1/2047			268,873						280,843
			Fannie Mae 3.071 07/01/2047			3.07		%	7/1/2047			1,677,178						1,753,906
			Fannie Mae 3.147 07/01/2047			3.15		%	7/1/2047			1,727,233						1,808,923
			Fannie Mae 3.156 06/01/2047			3.16		%	6/1/2047			1,261,537						1,320,200
			Fannie Mae 3.326 10/01/2049			3.32		%	10/1/2049			2,321,916						2,428,776
			Fannie Mae 3.50 02/01/2037			3.50		%	2/1/2037			4,258,543						4,531,319
			Fannie Mae 3.50 10/01/2049			3.50		%	10/1/2049			1,779,904						1,885,428
			Fannie Mae 3.50 11/01/2039			3.50		%	11/1/2039			3,308,097						3,502,669
			Fannie Mae 4.00 03/01/2037			4.00		%	3/1/2037			352,532						381,917
			Fannie Mae 4.50 01/01/2043			4.50		%	1/1/2043			3,928,375						4,397,816
			Fannie Mae 4.50 06/01/2047			4.50		%	6/1/2047			3,731,646						4,103,070
			Fannie Mae 4.50 06/01/2048			4.50		%	6/1/2048			459,403						500,938
			Fannie Mae 4.50 07/01/2048			4.50		%	7/1/2048			825,644						900,150
			Fannie Mae 4.50 08/01/2040			4.50		%	8/1/2040			1,840,821						2,050,373
			Fannie Mae 5.00 02/01/2049			5.00		%	2/1/2049			401,409						445,322
			Fannie Mae 5.00 03/01/2049			5.00		%	3/1/2049			1,357,441						1,506,938
			Fannie Mae 5.00 12/01/2048			5.00		%	12/1/2048			1,428,477						1,585,496
			Ford Motor Credit Co. Llc 4.063 11/01/2024			4.06		%	11/1/2024			449,368						475,136
			Ford Motor Credit Co. Llc 4.375 08/06/2023			4.38		%	8/6/2023			2,346,700						2,476,053
			Freddie Mac 3.213 05/01/2047			3.21		%	5/1/2047			232,257						242,659
			Freddie Mac 3.272 07/01/2047			3.27		%	7/1/2047			581,373						608,016
			Freddie Mac 3.372 06/01/2048			3.37		%	6/1/2048			347,134						362,353
			Freddie Mac Gold 4.00 02/01/2046			4.00		%	2/1/2046			2,374,212						2,579,965
			Freddie Mac Gold 4.00 11/01/2045			4.00		%	11/1/2045			471,301						513,674
			Freddie Mac Gold 4.50 04/01/2047			4.50		%	4/1/2047			2,410,226						2,645,174

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

76

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			Freddie Mac Gold 4.50 07/01/2045			4.50		%	7/1/2045			2,919,617						3,276,164
			Freddie Mac Gold 4.50 09/01/2044			4.50		%	9/1/2044			3,895,701						4,376,767
			Freddie Mac Gold 4.50 10/01/2047			4.50		%	10/1/2047			638,922						699,869
			Freddie Mac Pool 2.00 08/01/2050			2.00		%	8/1/2050			5,581,140						5,825,743
			Freddie Mac Pool 2.50 07/01/2050			2.50		%	7/1/2050			5,325,005						5,655,034
			Freddie Mac Pool 2.50 08/01/2040			2.50		%	8/1/2040			652,666						700,691
			Freddie Mac Pool 2.50 10/01/2040			2.50		%	10/1/2040			1,373,492						1,470,342
			Freddie Mac Pool 2.50 10/01/2040			2.50		%	10/1/2040			3,620,041						3,869,836
			Home Depot, Inc. 2.50 04/15/2027			2.50		%	4/15/2027			674,052						742,959
			Hsbc Holdings Plc 2.848 06/04/2031			2.85		%	6/4/2031			998,596						1,074,417
			Hsbc Holdings Plc 4.25 08/18/2025			4.25		%	8/18/2025			1,897,332						2,185,273
			Imperial Brands Plc 3.875 07/26/2029			3.88		%	7/26/2029			998,596						1,132,302
			Jpmorgan Chase & Co. 2.522 04/22/2031			2.52		%	4/22/2031			823,841						889,008
			Jpmorgan Chase & Co. 2.956 05/13/2031			2.96		%	5/13/2031			549,228						604,248
			Jpmorgan Chase & Co. 3.375 05/01/2023			3.38		%	5/1/2023			1,497,893						1,609,257
			Jpmorgan Chase & Co. 3.625 12/01/2027			3.63		%	12/1/2027			349,508						398,409
			Jpmorgan Chase & Co. 4.493 03/24/2031			4.49		%	3/24/2031			1,398,034						1,735,797
			Kinder Morgan, Inc. 4.30 06/01/2025			4.30		%	6/1/2025			2,346,700						2,685,501
			Lloyds Banking Group Plc 4.582 12/10/2025			4.58		%	12/10/2025			1,497,893						1,716,781
			Nextera Energy, Inc. 2.85 04/01/2025			2.85		%	4/1/2025			449,368						492,132
			Nextera Energy, Inc. 3.15 04/01/2024			3.15		%	4/1/2024			973,631						1,060,006
			Occidental Petroleum Corp. 3.20 08/15/2026			3.20		%	8/15/2026			1,048,525						993,047
			Oracle Corp. 2.95 04/01/2030			2.95		%	4/1/2030			249,649						280,835
			Philip Morris International, Inc. 2.10 05/01/2030			2.10		%	5/1/2030			2,546,419						2,663,223
			Prosus Nv 3.68 01/21/2030			3.68		%	1/21/2030			299,579						330,723
			Prosus Nv 5.50 07/21/2025			5.50		%	7/21/2025			773,912						906,981
			Relx Plc 3.00 05/22/2030			3.00		%	5/22/2030			998,596						1,111,517
			Slm Student Loan Trust 0.38475 01/25/2041			0.38		%	1/25/2041			2,767,664						2,670,995
			Slm Student Loan Trust 0.38475 07/25/2040			0.38		%	7/25/2040			2,586,363						2,468,312
			Slm Student Loan Trust 0.81475 01/25/2041			0.81		%	1/25/2041			703,700						694,954
			Slm Student Loan Trust 0.84475 01/25/2040			0.84		%	1/25/2040			3,118,307						3,066,380
			State Street Corp. 2.901 03/30/2026			2.90		%	3/30/2026			299,579						328,471
			State Street Corp. 3.152 03/30/2031			3.15		%	3/30/2031			2,221,875						2,548,552
			Target Corp. 2.65 09/15/2030			2.65		%	9/15/2030			1,048,525						1,185,466
			The Sherwin-Williams Co. 3.45 06/01/2027			3.45		%	6/1/2027			998,596						1,135,548
			The Southern Co. 3.70 04/30/2030			3.70		%	4/30/2030			1,098,455						1,278,195
			The Williams Companies, Inc. 3.25 05/15/2030			3.25		%	5/15/2030			1,198,315						1,347,077

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

77

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

						Interest			Maturity			Number of			Cost			Current
			Identity of issuer			rate			date			shares/units			value**			value
			T-Mobile U.S., Inc. 2.55 02/15/2031			2.55		%	2/15/2031			1,298,174						1,380,369
			T-Mobile U.S., Inc. 3.75 04/15/2027			3.75		%	4/15/2027			524,263						601,181
			Toyota Auto Receivables Owner Trust     1.66 09/15/2025			1.66		%	9/15/2025			1,083,476						1,120,343
			U.S. Treasury Note/Bond 0.125 04/30/2022			0.13		%	4/30/2022			3,994,383						3,996,157
			U.S. Treasury Note/Bond 0.125 05/31/2022			0.13		%	5/31/2022			3,899,516						3,900,706
			U.S. Treasury Note/Bond 0.125 06/30/2022			0.13		%	6/30/2022			10,335,465						10,336,741
			U.S. Treasury Note/Bond 0.125 09/30/2022			0.13		%	9/30/2022			1,712,592						1,713,139
			U.S. Treasury Note/Bond 0.125 10/15/2023			0.13		%	10/15/2023			1,482,915						1,482,155
			U.S. Treasury Note/Bond 0.125 11/30/2022			0.13		%	11/30/2022			12,856,919						12,859,336
			U.S. Treasury Note/Bond 0.25 10/31/2025			0.25		%	10/31/2025			1,363,083						1,357,490
			U.S. Treasury Note/Bond 0.375 03/31/2022			0.38		%	3/31/2022			4,992,978						5,013,540
			U.S. Treasury Note/Bond 1.50 10/31/2021			1.50		%	10/31/2021			1,093,462						1,108,748
			U.S. Treasury Note/Bond 2.375 04/15/2021			2.38		%	4/15/2021			1,997,191						2,020,158
			U.S. Treasury Note/Bond 2.625 12/15/2021			2.63		%	12/15/2021			6,490,872						6,653,247
			United Parcel Service, Inc. 4.45 04/01/2030			4.45		%	4/1/2030			973,631						1,228,104
			Unitedhealth Group, Inc. 2.95 10/15/2027			2.95		%	10/15/2027			998,596						1,127,502
			Verizon Communications, Inc. 3.376 02/15/2025			3.38		%	2/15/2025			989,608						1,111,304
			Wells Fargo & Co. 2.879 10/30/2030			2.88		%	10/30/2030			249,649						273,440
			Wells Fargo & Co. 3.45 02/13/2023			3.45		%	2/13/2023			948,666						1,017,847
			Wells Fargo & Co. 4.478 04/04/2031			4.48		%	4/4/2031			2,171,946						2,677,448
			Zoetis, Inc. 4.50 11/13/2025			4.50		%	11/13/2025			973,631						1,142,108
			Total Reinsurance Group of America Contract No. RGA00084															$	261,140,952
			Total synthetic GICs (including wrapper contracts)															1,294,052,270
			Total investment															$	17,297,749,362
*			Loans receivables from participants
			26364 loans carrying an interest rate of 4.25% to 10.50% with maturity dates through 2041															208,094,290
			Other Investment Liabilities
			Payable in Brazil Real									(4,007,146)						$	(771,544)
			Payable in Canadian Dollar									(453)						(356)
			Payable in Hong Kong Dollar									(328,309)						(42,341)

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

78

---

CITI RETIREMENT SAVINGS PLAN

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

EIN: 52-1568099 Plan No. 004

December 31, 2020

Interest

Maturity

Number of

Cost

Current

Identity of issuer

rate

date

shares/units

value**

value

Payable in Japanese Yen

(22,228)

(215)

Payable in Russian Ruble

(59,339,646)

(801,337)

Payable in U.S. Dollar

(1,510,685)

(1,510,685)

Total Other Investment Liabilities

(3,126,478)

Total

$

17,502,717,174

*Party-in-interest, as defined by ERISA

**The cost of participant-directed investments is not required to be disclosed

See accompanying Report of Independent Registered Public Accounting Firm

79

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SIGNATURES

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

Citi Retirement Savings Plan

By: /s/ Sara Wechter
Sara Wechter
Global Head of Human Resources

Date: June 11, 2021

80

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EXHIBIT INDEX

Exhibit Number						Description of Exhibit
23.1*						Consent of KPMG LLP

 

______________________

* Filed herewith.

81