UNITED STATES	
SECURITIES AND EXCHANGE COMMISSION	
WASHINGTON, D.C. 20549	

					
FORM 11-K	

(Mark One)	
					
x	ANNUAL REPORT PURSUANT TO SECTION 15(d)		
	OF THE SECURITIES EXCHANGE ACT OF 1934		
					
	For the year ended December 31, 2020		
					
	OR		
					
o	TRANSITION REPORT PURSUANT TO SECTION 15(d)		
	OF THE SECURITIES EXCHANGE ACT OF 1934		
					
	For the transition period from __________ to __________		

	Commission File Number: 1 - 3525		
					
	AEP RETIREMENT SAVINGS 401(K) PLAN		
	(Full title of the plan)		

	AMERICAN ELECTRIC POWER COMPANY, INC.		
	1 Riverside Plaza, Columbus, Ohio 43215		
	(Name of issuer of the securities held		
	pursuant to the plan and the address		
	of its principal executive office)		

AEP RETIREMENT SAVINGS 401(K) PLAN
INDEX
December 31, 2020 and 2019

		Page
Number	
			
Signatures		2	
			
Reports of Independent Registered Public Accounting Firms		3	
			
Financial Statements			
Statements of Net Assets Available for Benefits		5	
Statements of Changes in Net Assets Available for Benefits		6	
Notes to Financial Statements		7	
			
Supplemental Schedule			
Schedule of Assets (Held as of End of Year)		21	
			
Exhibit Index		40	
Exhibit 23(1)			
Exhibit 23(2)			
Note: Other schedules required by Section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting with Disclosure under the Employee Retirement Income Security Act of 1974 (ERISA) have been omitted because they are not applicable.	
1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Benefits Finance Committee has duly caused this annual report to be signed by the undersigned thereunto duly authorized
By:
/s/ Julie A. Sherwood
Julie A. Sherwood, SVP Treasury & Risk
2

Report of Independent Registered Public Accounting Firm

Plan Administrator and Plan Participants of
AEP Retirement Savings 401(k) Plan
Columbus, Ohio

Opinion on the Financial Statements

We have audited the accompanying statement of net assets available for benefits of the AEP Retirement Savings 401(k) Plan (the “Plan”) as of December 31, 2020, the related statement of changes in net assets available for benefits for the year then ended, and the related notes (collectively, the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2020, and the changes in net assets available for benefits for the year then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements are the responsibility of the Plan’s management. Our responsibility is to express an opinion on the Plan’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audit included performing procedures to assess the risk of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by the Plan’s management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

Supplemental Information

The supplemental information in the accompanying 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 presented for the purpose of additional analysis and is not a required part of the financial statements but included supplemental information required by the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, 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/ BDO USA, LLP
We have served as the Plan’s auditor since 2021.
Columbus, Ohio
June 29, 2021
3

Report of Independent Registered Public Accounting Firm

To the Administrator and Plan Participants of AEP Retirement Savings 401(k) Plan

Opinion on the Financial Statements

We have audited the accompanying statement of net assets available for benefits of AEP Retirement Savings 401(k) Plan (the “Plan”) as of December 31, 2019 and the related statement of changes in net assets available for benefits for the year ended December 31, 2019, including the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2019, and the changes in net assets available for benefits for the year ended December 31, 2019 in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

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

/s/ PricewaterhouseCoopers LLP

Columbus, Ohio
June 26, 2020

We served as the Plan’s auditor from 2019 to 2020.

4

AEP RETIREMENT SAVINGS 401(K) PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
December 31, 2020 and 2019

		December 31,	
		2020		2019	
ASSETS					
Investments at Fair Value		$	4,618,797,947 			$	4,276,669,965 		
					
Investments at Contract Value		681,788,963 			616,389,451 		
					
Notes Receivable from Participants		63,362,301 			76,418,775 		
					
NET ASSETS AVAILABLE FOR BENEFITS		$	5,363,949,211 			$	4,969,478,191 		
					
See Notes to Financial Statements beginning on page 7.	
5

AEP RETIREMENT SAVINGS 401(K) PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
For the Years Ended December 31, 2020 and 2019

		Years Ended December 31,	
		2020		2019	
INVESTMENT INCOME					
Net Appreciation in Investments		$	597,184,616 			$	845,829,651 		
Interest and Dividends		27,190,595 			26,911,880 		
Total Investment Income		624,375,211 			872,741,531 		
					
CONTRIBUTIONS					
Participants		201,972,224 			186,734,657 		
Employer		80,639,433 			75,761,959 		
Total Contributions		282,611,657 			262,496,616 		
					
DISTRIBUTIONS TO PARTICIPANTS		(509,504,366)			(456,624,017)		
					
ADMINISTRATIVE AND MANAGEMENT FEES					
Professional Fees		(338,350)			(443,398)		
Investment Advisory and Management Fees		(5,927,868)			(6,216,488)		
Other Fees		(475,567)			(478,387)		
Total Administrative and Management Fees		(6,741,785)			(7,138,273)		
					
INTEREST INCOME ON NOTES RECEIVABLE FROM PARTICIPANTS		3,730,303 			4,304,413 		
					
NET INCREASE IN NET ASSETS BEFORE TRANSFERS		394,471,020 			675,780,270 		
				
TRANSFERS INTO PLAN (Note 1)		— 			9,300,746 		
				
NET INCREASE IN NET ASSETS		394,471,020 			685,081,016 		
				
NET ASSETS AVAILABLE FOR BENEFITS BEGINNING OF YEAR		$	4,969,478,191 			$	4,284,397,175 		
					
NET ASSETS AVAILABLE FOR BENEFITS END OF YEAR		$	5,363,949,211 			$	4,969,478,191 		
					
See Notes to Financial Statements beginning on page 7.	
6

AEP RETIREMENT SAVINGS 401(K) PLAN
NOTES TO FINANCIAL STATEMENTS
For the Years Ended December 31, 2020 and 2019

1. PLAN DESCRIPTION

The following description of the AEP Retirement Savings 401(k) Plan (Plan) is provided for general information purposes only. Participants should refer to the Plan documents for a more complete description of the Plan’s information. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA).

General

The Plan is a defined contribution plan that became effective and commenced operations on January 1, 1978. The Plan covers full-time and part-time employees of the participating subsidiaries of American Electric Power Company, Inc. (AEP or the Company) who are not excluded by the terms of the Plan, such as pursuant to a unionized collective bargaining agreement. American Electric Power Service Corporation (AEPSC) is the plan administrator (Plan Administrator) and plan sponsor (Plan Sponsor). AEPSC is a wholly-owned subsidiary of AEP. JPMorgan Chase Bank (JPMorgan) was the primary trustee for the Plan (the Trustee) until the transition to The Bank of New York Mellon as primary trustee commenced effective January 29, 2021. Great-West Financial Retirement Plan Services, LLC (Empower Retirement) is the plan record keeper. American Electric Power Service Corporation (AEPSC) appointed Great-West Trust Company, LLC (GWTC) as the trustee/custodian for certain cash held on behalf of the Plan pending investment or disbursement.

AEP Energy, Inc. (AEPE) is wholly -owned by AEP Retail Energy Partners LLC, which is a wholly-owned Subsidiary of AEP. In January 2020, AEPE employees became eligible to participate in the Plan. In connection with that transition, the AEP Energy, Inc. 401(k) Retirement Plan was merged into the Plan and as a result, approximately $9.3 million in assets were transferred to the Plan on December 30, 2019.

Contributions

Newly eligible employees are automatically enrolled in the Plan with a 3% pretax deferral. Such deferrals automatically increase each year by 1% to a maximum of 6%. Employees may opt out of the automatic enrollment or revise their elections after they are notified of their right not to have such pretax deferrals made on their behalf and how their account will be invested in the absence of their making an investment election. Generally, eligible employees participating in the Plan may make contributions (pretax, after-tax or Roth 401(k) contributions) in 1% increments up to 50% of their eligible pay (within Internal Revenue Service (IRS) limits), although pretax and Roth 401(k) amounts are limited to $19,500 for 2020 and $19,000 for 2019. Participants who are age 50 and older are eligible to contribute additional pretax or Roth 401(k) amounts as catch-up contributions. The catch-up contribution limit was $6,500 for 2020 and $6,000 for 2019. An employee who is eligible to participate in the Plan also may roll eligible retirement benefits into the Plan. The participating employers contribute to the Plan, on behalf of each participant, an amount equal to 100% of the participant’s non-rollover contributions up to 1% of the participant’s eligible compensation for each payroll period, plus 70% of the participant’s contributions for the next 5% of the participant’s eligible compensation for each payroll period, subject to certain limitations. All contributions that are withheld from a participant’s pay or are made by the participating employers are deposited in the AEP Retirement Savings 401(k) Plan Trust after each pay period. The Plan, in a manner consistent with the requirements under Section 401 of the Internal Revenue Code (IRC), restricts the amount that certain participants who are deemed highly compensated may contribute to the Plan, provided that it is AEPSC’s intent that the Plan include a “qualified automatic contribution arrangement” (as defined in Section 401(k)(13) of the IRC), such that only the after-tax contributions made by such highly compensated participants may be subject to such restrictions.

7

Notes Receivable from Participants

Participants generally may borrow from their savings plan accounts a minimum of $1,000 but no more than the lesser of $50,000 or 50% of their account balance. During March 2020, the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was signed into law. Pursuant to the CARES Act, the Company has changed the Plan to temporarily allow certain qualified participants to obtain a COVID-19 related plan loans for the lesser of: (1) $100,000 (increased from $50,000), or (2) 100% increased from 50%) of the participant’s vested account balance. This is only available for plan loans made during the period from March 27, 2020 to September 22, 2020. The CARES Act also provides relief to participants with outstanding plan loans (on or after March 27, 2020) by allowing for a suspension of the loan payments (due from March 27, 2020 through December 31, 2020). During the suspension period, interest will continue to accrue. The term of the loan may extend for a period of up to one year without violating the original term period. Loan terms range from 12 months to 60 months (or up to 180 months for certain residential loans), or any monthly increment in-between. Interest rates, fixed for the life of the loan, are calculated by adding 1% to the prime rate, as reported in the Wall Street Journal as of the first business day of the calendar month in which the loan is taken. Active employees repay principal and interest payments through payroll deductions.

Participant loans and the accrued interest are collateralized by the account balance, and upon default, the outstanding balance is subject to income taxes and possible tax penalty. No allowance for credit losses has been recorded at December 31, 2020 or 2019.

Participant Accounts

Individual accounts are maintained for each Plan participant. Each participant’s account is credited with the participant’s contributions, the Company’s contributions and investment earnings and losses and charged with benefit payments and allocations of Plan expenses. The benefit to which a participant is entitled is the benefit that can be provided from the participant’s account.

Participants may transfer the value of their cumulative contributions, in any whole percentage or dollar amount, among investments, and change their investment elections on a daily basis. Participants may change their payroll contribution elections coinciding with the Company’s payroll periods.

Participants may make investments in 1% increments among various unitized funds established by the Plan including index funds, bond funds, growth funds, value funds, target date funds, and a stable value fund. The assets of each of the funds are held in the custody of the Trustee, and record-kept at the participant level by Empower Retirement. As the Plan owns the underlying assets of each of these funds, the financial statements present the underlying investments of these unitized funds. In the absence of a participant-directed investment, contributions are invested in a target date fund based on the participant's date of birth and estimated retirement date.

The AEP Stock Fund is an investment option in the Plan. Participants can elect to have dividends generated from their unitized holdings in the AEP Stock Fund paid out in cash, rather than automatically reinvested in the fund. The dividend payouts are made periodically (at least annually) and are treated as ordinary income to the participants for tax purposes.

In addition to the above, the Plan offers a self-directed brokerage account (SDB) option that allows participants to invest in retail mutual funds and money market funds.

8

Vesting and Distribution

Participants are immediately vested in their pretax, after-tax, Roth 401(k) and the Company contributions, including earnings thereon; provided that certain matching contributions made to participants of the AEP Energy, Inc. 401(k) Retirement Plan may be only partially vested in accordance with existing vesting positions of this plan. Excluding participants’ pretax and Roth 401(k) contributions, profit sharing contributions, and post-2008 Company matching contributions, all participants may make an unlimited number of withdrawals of their interest in the Plan at any time, including their pre-2009 Company matching contributions. Pretax, Roth 401(k) and profit sharing contributions are eligible for withdrawal by participants only after age 59-1/2, or earlier upon hardship (as defined by the Plan), or following termination of employment. Post-2008 Company matching contributions are eligible for withdrawal by participants only after age 59-1/2, or earlier following earlier termination of employment, but not upon hardship. Pursuant to the CARES Act, the Company has changed the Plan to allow certain qualified participants impacted by COVID-19 to take withdrawals up to $100,000 between January 1, 2020 and December 30, 2020. These COVID-19 related distributions are not subject to the early withdrawal penalty, or to 20% federal tax withholding; but they are subject to a 10% federal tax withholding requirement, and participants have the option to spread the applicable income tax resulting from the COVID-19 related distribution over a 3 year period. Participant who obtain a COVID-19 related distribution may repay the distribution to an eligible retirement plan within the three-year period following the distribution to defer otherwise applicable taxation.
9

2. ACCOUNTING POLICIES

Basis of Accounting

The accompanying financial statements are prepared on an accrual basis of accounting, in conformity with accounting principles generally accepted in the United States of America (GAAP).
    
Investment Valuation and Income Recognition

Participants direct the investment of their plan accounts among various investment options offered by the Plan. Investments in securities are reported at fair value while fully benefit responsive investment contracts are reported at contract value. Fair value of a financial instrument is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Purchases and sales of securities have been recorded on a trade-date basis. Net appreciation includes the Plan’s gains or losses on investments bought or sold as well as held throughout the year. Interest income is recorded on an accrual basis. Dividends are recorded on the ex-dividend date. These amounts are reinvested by the Trustee in the funds that generated such income with the exception of the AEP Stock Fund, which pays or reinvests dividends at the direction of each participant.

Notes Receivable from Participants

Notes Receivable from Participants are measured at their unpaid principal balance plus any accrued but unpaid interest. Delinquent participant loans are not recorded as distributions until actually distributed based on the terms of the Plan document.

Administrative and Management Fees

Administrative and Management Fees incurred relating to JPMorgan and Empower Retirement during 2020 and 2019 totaled $2,314,433 and $2,476,479, respectively. The Plan directly pays for administrative, record keeping and management fees. Fees related to the administration of Notes Receivable from Participants are charged directly to the participant's account and are included in the administrative expenses. Investment related expenses are included in Net Appreciation in Investments.

Distributions to Participants

Distributions to participants are recorded when paid.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of net assets available for benefits and changes therein and disclosure of contingent assets. The estimates and assumptions used are based upon management's evaluation of the relevant facts and circumstances as of the date of the financial statements. Actual results could differ from the estimates.

Fair Value Measurements of Assets

The accounting guidance for “Fair Value Measurements and Disclosures” establishes a fair value hierarchy that prioritizes the inputs 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). AEPSC’s staff independently monitors valuation policies and procedures and provides members of the Benefits Finance Committee (BFC) and its Investment Subcommittee (IC) various monthly and quarterly reports, regarding compliance with policies and procedures. As of December 31, 2020, the BFC consisted of AEPSC’s Chief Financial Officer, Treasurer, Senior Vice President - Chief Human Resources Officer, Senior Vice President - Strategy and Transformation, Executive Vice President - General
10

Counsel, Senior Vice President - Commercial Operations and the Executive Vice President - Energy Supply of AEP. The IC consists of AEPSC’s Treasurer, Director of Trusts and Investments and two Managing Directors of Corporate Finance.

The Plan utilizes its Trustee’s external pricing service to estimate the fair value of the underlying investments held in the Plan. The Plan’s investment managers review and validate the prices utilized by the Trustee to determine fair value. The Plan Administrator performs its own valuation testing to verify the fair values of the securities, in part by reviewing audit reports of the Trustee’s operating controls and valuation processes.

Assets in the Plan are classified using the following methods. Equities are classified as Level 1 holdings if they are actively traded on exchanges. Items classified as Level 1 are investments in equity securities and registered investment companies. They are valued based on observable inputs primarily unadjusted quoted prices in active markets for identical assets. Items classified as Level 2 are primarily investments in individual fixed income securities. Fixed income securities generally do not trade on exchanges and do not have an official closing price but their valuation inputs are based on observable market data.

The Trustee uses multiple pricing vendors for the assets held in trust. The Trustee’s pricing vendors calculate bond valuations using financial models and matrices. The models use observable inputs including yields on benchmark securities, quotes by securities brokers, rating agency actions, discounts or premiums on securities compared to par prices, changes in yields for U.S. Treasury securities, corporate actions by bond issuers, prepayment schedules and histories, economic events and, for certain securities, adjustments to yields to reflect changes in the rate of inflation. Cash equivalent funds are held to provide liquidity and meet short term cash needs. The underlying holdings in the cash funds may consist of commercial paper, certificates of deposit, treasury bills, and other short-term debt securities. Short-term debt securities are valued based on observable market data by the trust banks pricing vendor. Other securities with model-derived valuation inputs that are observable are also classified as Level 2 investments. Investments with unobservable valuation inputs are classified as Level 3 investments. Investments classified as “Other” are valued using Net Asset Value (NAV) as a practical expedient. Items classified as Other are primarily cash equivalent funds and common collective trusts. These investments do not have a readily determinable fair value or they contain redemption restrictions which may include the right to suspend redemptions under certain circumstances. Redemption restrictions on common collective trusts may also prevent certain investments from being redeemed at the reporting date for the underlying value. There are no unfunded commitments for investments in common collective trusts.

11

3. PLAN TERMINATION

Although it has not expressed any intent to do so, AEPSC has the right to take such actions as will allow contributions to the Plan to be discontinued at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, affected participants would be made 100 percent vested in their accounts.
12

4. INVESTMENT CONTRACTS

The Plan's Managed Income Fund provides a stable value investment option that includes fully benefit-responsive synthetic investment wrap contracts which assure the book value of investments in that fund for plan participants. The fund’s underlying assets, which are held in a trust, utilize wrap contracts issued by four financial institutions as of December 31, 2020 and 2019. The fund’s underlying investment or investments, usually a portfolio owned by the Plan, consist primarily of high quality, intermediate term fixed income securities and guaranteed investment contracts. The contracts provide that participants execute plan transactions at contract value. Contract value represents contributions made to the fund, plus credited interest, less participant withdrawals, without regard to changes in the fair value of the investments and securities underlying the fund. The rates for crediting interest are reset periodically based on market rates of other similar investments, the current yield of the underlying investments and the spread between the market value and contract value. The interest crediting rate cannot be less than 0%. Certain events initiated by the Plan Sponsor, such as a plan termination or a plan merger, would limit the ability of the Plan to administer participant-level transactions at contract value or may allow for the termination of the wrap contract at market value, rather than contract value.

The Plan Sponsor does not believe that any events that may limit the ability of the plan to transact at contract value are probable as of December 31, 2020 or the date these financial statements are issued.
13

5. RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS

Certain transactions involving the Plan and its assets during 2019 and 2020 involved parties in interest with respect to the Plan, but most of those transactions were not prohibited transactions under ERISA because of the applicability of one or more exemptions. The exempt party-in-interest transactions involving the Plan included the following: JPMorgan has acted as trustee and custodian under the Plan, while its affiliates have acted as (a) investment managers for a number of the Plan’s investment options and (2) GWTC has been acting as a trustee and custodian under the Plan, while its affiliates have acted as (a) the Plan’s record keeper and (b) investment advisor or investment manager for a number of plan participants with respect to the amounts held in their Plan accounts. Notes receivable from participants held by the Plan are also considered party-in-interest transactions. Certain investments within the Self Directed Brokerage account are considered party-in-interest transactions.

As of December 31, 2020 and 2019, the Plan held 3,879,879 and 4,029,878 shares, respectively, of common stock of American Electric Power Company, Inc., the parent company of the Plan Sponsor, with a cost basis of $203,562,898 and $194,730,662, respectively. During the year ended December 31, 2020, the Plan acquired 485,324 shares of that common stock with a fair value of $40,685,494 and disposed of 635,323 shares with a fair value of $56,206,458. During the year ended December 31, 2019, the Plan acquired 295,761 shares of that common stock with a fair value of $25,684,663 and disposed of 604,657 shares with a fair value of $53,381,854. During the years ended December 31, 2020 and 2019, the Plan recorded dividend income of $11,123,089 and $11,409,018, respectively, related to its investment in that common stock.
14

6. FAIR VALUE MEASUREMENTS

For a discussion of fair value accounting and the classification of assets within the fair value hierarchy, see the “Fair Value Measurements of Assets” section of Note 2.

Plan Assets within the Fair Value Hierarchy as of December 31, 2020

		Level 1		Level 2		Level 3		Other		Total	
Equities											
Corporate Stocks		$	682,098,487 			$	— 			$	— 			$	— 			$	682,098,487 		
AEP Stock		323,077,524 			— 			— 			— 			323,077,524 		
Subtotal Equities		1,005,176,011 			— 			— 			— 			1,005,176,011 		
											
Common/Collective Trusts											
JPMorgan Liquidity Fund (a)		— 			— 			— 			21,682,463 			21,682,463 		
Mellon Capital Small Cap Stock Index Fund (a)		— 			— 			— 			210,808,132 			210,808,132 		
Mellon Capital Mid Cap Stock Index Fund (a)		— 			— 			— 			401,692,712 			401,692,712 		
Mellon Capital Stock Index Fund (a)		— 			— 			— 			1,109,531,125 			1,109,531,125 		
Mellon Capital International Stock Index Fund (a)		— 			— 			— 			660,031,838 			660,031,838 		
Mellon Capital Aggregate Bond Index Fund (a)		— 			— 			— 			575,341,739 			575,341,739 		
Mellon Capital Treasury Inflation-Protected Securities Fund (a)		— 			— 			— 			26,571,999 			26,571,999 		
JPMorgan Strategic Property Fund (a)		— 			— 			— 			65,129,429 			65,129,429 		
Mellon Capital Emerging Markets Stock Index Fund (a)		— 			— 			— 			50,660,881 			50,660,881 		
Columbia Trust Focused Large Cap Growth Fund (a)		— 			— 			— 			246,556,207 			246,556,207 		
MetWest Total Return Bond Fund (a)		— 			— 			— 			67,993,031 			67,993,031 		
Subtotal Common/Collective Trusts		— 			— 			— 			3,435,999,556 			3,435,999,556 		
											
Self-Directed Brokerage Account (a)		81,368,294 			— 			— 			13,720,131 			95,088,425 		
Registered Investment Companies		74,665,499 			— 			— 			— 			74,665,499 		
Cash Equivalents (a)		— 			— 			— 			4,659,795 			4,659,795 		
Accrued Items and Unsettled Trades (a)		(337,453)			— 			— 			3,546,114 			3,208,661 		
											
Total Assets Reflecting Investments at Fair Value		$	1,160,872,351 			$	— 			$	— 			$	3,457,925,596 			$	4,618,797,947 		

(a)Amounts in “Other” column represent investments for which fair value is measured using net asset value per share.
15

Plan Assets within the Fair Value Hierarchy as of December 31, 2019

		Level 1		Level 2		Level 3		Other		Total	
Equities											
Corporate Stocks		$	600,687,149 			$	— 			$	— 			$	— 			$	600,687,149 		
AEP Stock		380,863,770 			— 			— 			— 			380,863,770 		
Subtotal Equities		981,550,919 			— 			— 			— 			981,550,919 		
											
Common/Collective Trusts											
JPMorgan Liquidity Fund (a)		— 			— 			— 			19,859,891 			19,859,891 		
Mellon Capital Small Cap Stock Index Fund (a)		— 			— 			— 			191,414,132 			191,414,132 		
Mellon Capital Mid Cap Stock Index Fund (a)		— 			— 			— 			347,678,996 			347,678,996 		
Mellon Capital Stock Index Fund (a)		— 			— 			— 			1,043,780,733 			1,043,780,733 		
Mellon Capital International Stock Index Fund (a)		— 			— 			— 			637,365,934 			637,365,934 		
Mellon Capital Aggregate Bond Index Fund (a)		— 			— 			— 			521,931,878 			521,931,878 		
Mellon Capital Treasury Inflation-Protected Securities Fund (a)		— 			— 			— 			24,771,357 			24,771,357 		
JPMorgan Strategic Property Fund (a)		— 			— 			— 			58,824,271 			58,824,271 		
Mellon Capital Emerging Markets Stock Index Fund (a)		— 			— 			— 			47,176,380 			47,176,380 		
Columbia Trust Focused Large Cap Growth Fund (a)		— 			— 			— 			181,483,856 			181,483,856 		
MetWest Total Return Bond Fund (a)		— 			— 			— 			41,507,995 			41,507,995 		
Subtotal Common/Collective Trusts		— 			— 			— 			3,115,795,423 			3,115,795,423 		
											
Self-Directed Brokerage Account (a)		73,408,748 			— 			— 			15,537,182 			88,945,930 		
Registered Investment Companies		93,186,718 			— 			— 			— 			93,186,718 		
Cash Equivalents (a)		— 			— 			— 			161,649 			161,649 		
Accrued Items and Unsettled Trades (a)		(1,003,428)			(8,484)			— 			(1,958,762)			(2,970,674)		
											
Total Assets Reflecting Investments at Fair Value		$	1,147,142,957 			$	(8,484)			$	— 			$	3,129,535,492 			$	4,276,669,965 		

(a)Amounts in “Other” column represent investments for which fair value is measured using net asset value per share.
16

The following tables set forth a summary of the Plan's investments with a reported Net Asset Value as a practical expedient as of December 31, 2020 and 2019:

Fair Value Estimated Using Net Asset Value per Share as of December 31, 2020

Common/Collective Trusts		Fair Value		Redemption
Frequency
(If currently
eligible)		Redemption
Notice Period	
JPMorgan Liquidity Fund		$	21,682,463 			Daily		1 Day	
Mellon Capital Small Cap Stock Index Fund		210,808,132 			Daily		Trade Date + 1	
Mellon Capital Mid Cap Stock Index Fund		401,692,712 			Daily		Trade Date + 1	
Mellon Capital Stock Index Fund		1,109,531,125 			Daily		Trade Date + 1	
Mellon Capital International Stock Index Fund		660,031,838 			Daily		Trade Date + 1	
Mellon Capital Aggregate Bond Index Fund		575,341,739 			Daily		Trade Date + 1	
Mellon Capital Treasury Inflation-Protected Securities Fund		26,571,999 			Daily		Trade Date + 1	
JPMorgan Strategic Property Fund		65,129,429 			Quarterly		30 Days	
Mellon Capital Emerging Markets Stock Index Fund		50,660,881 			Daily		Trade Date + 1	
Columbia Trust Focused Large Cap Growth Fund		246,556,207 			Daily		Trade Date + 1	
MetWest Total Return Bond Fund		67,993,031 			Daily		Trade Date + 1	
Self-Directed Brokerage Account		13,720,131 			 Daily		Trade Date + 1	
Total Assets		$	3,449,719,687 						

Fair Value Estimated Using Net Asset Value per Share as of December 31, 2019

Common/Collective Trusts		Fair Value		Redemption
Frequency
(If currently
eligible)		Redemption
Notice Period	
JPMorgan Liquidity Fund		$	19,859,891 			Daily		1 Day	
Mellon Capital Small Cap Stock Index Fund		191,414,132 			Daily		Trade Date + 1	
Mellon Capital Mid Cap Stock Index Fund		347,678,996 			Daily		Trade Date + 1	
Mellon Capital Stock Index Fund		1,043,780,733 			Daily		Trade Date + 1	
Mellon Capital International Stock Index Fund		637,365,934 			Daily		Trade Date + 1	
Mellon Capital Aggregate Bond Index Fund		521,931,878 			Daily		Trade Date + 1	
Mellon Capital Treasury Inflation-Protected Securities Fund		24,771,357 			Daily		Trade Date + 1	
JPMorgan Strategic Property Fund		58,824,271 			Quarterly		45 Days	
Mellon Capital Emerging Markets Stock Index Fund		47,176,380 			Daily		Trade Date + 1	
Columbia Trust Focused Large Cap Growth Fund		181,483,856 			Daily		Trade Date + 1	
MetWest Total Return Bond Fund		41,507,995 			Daily		Trade Date + 1	
Self-Directed Brokerage Account		15,537,182 			Daily		Trade Date + 1	
Total Assets		$	3,131,332,605 						

It is the Plan’s policy to record transfers in and transfers out of each level at the end of each reporting period. There have been no transfers between Level 1, Level 2, and Level 3 during the years ended December 31, 2020 and 2019.
17

7. RISK AND UNCERTAINTIES

The Plan invests in various investment instruments, and investment securities are exposed to various risks, such as interest rate, credit and market volatility. Due to the level of risk associated with certain investment securities, it is reasonably possible that changes in the values of investment securities will occur in the near term and that such change could materially affect the amounts reported in the financial statements.

In March 2020, COVID-19 was declared a pandemic by the World Health Organization and the Centers for Disease Control and Prevention. Its rapid spread around the world and throughout the United States prompted many countries, including the United States, to institute restrictions on travel, public gatherings and certain business operations. The ultimate impact of COVID-19 on the Plan depends on factors beyond the Plan Sponsor's knowledge or control, including the duration and severity of this outbreak as well as third-party actions taken to contain its spread and mitigate its public health effects. Therefore, the Plan Sponsor cannot estimate the potential future impact to participants' account balances and the amounts reported in the Statement of Net Assets Available for Benefits.
18

8. FEDERAL INCOME TAX

The IRS has issued a favorable determination letter dated December 8, 2017 with respect to the Plan. A favorable determination letter indicates that, in the opinion of the IRS, the terms of the Plan meets the requirements of Section 401(a) of the IRC, and thereby recognizes the exempt status of the Plan’s trust pursuant to Section 501(a) of the IRC.

The Plan has been amended and restated subsequent to the issuance of that IRS determination letter. Plan management believes that the Plan is currently designed and operated in compliance with the applicable requirements of the IRC and that the Plan’s trust continues to be tax-exempt. Therefore, no provision for income taxes has been included in the Plan’s financial statements.

The Plan Administrator is required 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 than likely than not would not be sustained upon examination by the IRS. The Plan Administrator has analyzed the tax positions taken by the Plan, and has concluded that as of December 31, 2020, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions; however, there currently no audits for any tax periods in progress.
19

9. RECONCILIATION OF FINANCIAL STATEMENTS TO THE FORM 5500

The following tables are reconciliations of participant loans and net assets available for benefits per the financial statements to the Form 5500.

		January 1,	
Participant Loans - Schedule H, Part I, Line 1c(8), Column (a)		2020		2019	
Beginning Balance per Financial Statements		$	76,418,775 			$	83,446,674 		
Less: Loans Deemed Distributed with No Post-Default Payments		(5,492,568)			(4,687,356)		
Balance Reported on Form 5500		$	70,926,207 			$	78,759,318 		

		December 31,	
Participant Loans - Schedule H, Part I, Line 1c(8), Column (b)		2020		2019	
Ending Balance per Financial Statements		$	63,362,301 			$	76,418,775 		
Less: Assets and Activity Related to Loans Deemed Distributed with No Post-Default Payments		(5,579,961)			(5,492,568)		
Balance Reported on Form 5500		$	57,782,340 			$	70,926,207 		

		January 1,	
Net Assets - Schedule H, Part I, Line 1l, Column (a)		2020		2019	
Beginning Balance per Financial Statements		$	4,969,478,191 			$	4,284,397,175 		
Less: Loans Deemed Distributed with No Post-Default Payments		(5,492,568)			(4,687,356)		
Beginning Balance Reported on Form 5500		$	4,963,985,623 			$	4,279,709,819 		

		December 31,	
Net Assets - Schedule H, Part I, Line 1l, Column (b)		2020		2019	
Ending Balance per Financial Statements		$	5,363,949,211 			$	4,969,478,191 		
Less: Assets and Activity Related to Loans Deemed Distributed with No Post-Default Payments		(5,579,961)			(5,492,568)		
Balance Reported on Form 5500		$	5,358,369,250 			$	4,963,985,623 		

		December 31,	
Increase (Decrease) in Net Assets - Schedule H, Part II, Line 2k		2020		2019	
Per Financial Statements		$	394,471,020 			$	675,780,270 		
Less: Loans Deemed Distributed		(87,393)			(805,213)		
Reported on Form 5500		$	394,383,627 			$	674,975,057 		

20

												
AEP RETIREMENT SAVINGS 401(K) PLAN	
PLAN #002 EIN #13-4922641	
SCHEDULE OF ASSETS (HELD AT END OF YEAR)	
DECEMBER 31, 2020	

	Identity of Issuer, Borrower, Lessor or Similar Party	Current Value	
			
	MANAGED INCOME FUND		
			
	MONEY MARKET FUND		
(a)	JPMORGAN US GOVT MMKT FUND CAPITAL SHARES - FUND	$	57,371,924 		
	TOTAL MONEY MARKET FUND	$	57,371,924 		
			
	CORPORATE DEBT SECURITIES		
	3M CO	$	159,279 		
	ABBVIE INC	2,251,985 		
	ADVOCATE HEALTH & HOSPITALS CORP	822,252 		
	AIG GLOBAL FUNDING	1,066,672 		
	AIR PRODUCTS AND CHEMICALS INC	148,522 		
	ALEXANDRIA REAL ESTATE EQUITIES INC	772,670 		
	ALLIANT ENERGY FINANCE LLC	203,886 		
	AMEREN ILLINOIS CO	1,594,826 		
	AMERICAN EXPRESS CO	1,648,545 		
	AMERICAN HONDA FINANCE CORP	2,388,132 		
	AMPHENOL CORP	587,254 		
	ANALOG DEVICES INC	38,459 		
	ANGLO AMERICAN CAPITAL PLC	830,382 		
	ANHEUSER-BUSCH INBEV WORLDWIDE INC	173,536 		
	APPLE INC	159,640 		
	ARCHER-DANIELS-MIDLAND CO	219,240 		
	ASCENSION HEALTH	513,156 		
	AT&T INC	1,453,545 		
	BAE SYSTEMS HOLDINGS INC	364,288 		
	BAE SYSTEMS PLC	863,051 		
	BAKER HUGHES A GE CO LLC	606,461 		
	BANK OF AMERICA CORP	4,939,695 		
	BANK OF MONTREAL	689,123 		
	BANK OF NEW YORK MELLON CORP/THE	129,237 		
	BANK OF NOVA SCOTIA/THE	2,281,597 		
	BAPTIST HEALTH SOUTH FLORIDA INC	260,360 		
	BAXTER INTERNATIONAL INC	126,523 		
	BAYER US FINANCE II LLC	935,842 		
	BLACK HILLS CORP	957,124 		
	BMW US CAPITAL LLC	1,476,028 		
	BNP PARIBAS SA	1,410,792 		
	BOEING CO/THE	1,292,543 		
	BOSTON PROPERTIES LP	1,510,839 		
	BP CAPITAL MARKETS AMERICA INC	1,861,426 		
	BRISTOL-MYERS SQUIBB CO	517,954 		
	BROWN-FORMAN CORP	167,214 		
	CANADIAN NATURAL RESOURCES LTD	326,126 		
	CAPITAL ONE BANK USA NA	401,208 		
	CAPITAL ONE FINANCIAL CORP	309,157 		
	CAPITAL ONE NA	908,028 		
	CARDINAL HEALTH INC	195,786 		
	CARGILL INC	886,420 		
	CARRIER GLOBAL CORP	907,881 		
	CATERPILLAR FINANCIAL SERVICES CORP	1,005,526 		
	CENTERPOINT ENERGY HOUSTON ELECTRIC LLC	657,209 		
21

									
	CES MU2 LLC	1,036,818 		
	CHARLES SCHWAB CORP/THE	127,355 		
	CHEVRON CORP	368,550 		
	CHEVRON PHILLIPS CHEMICAL CO LLC	542,620 		
	CHRISTUS HEALTH	482,950 		
	CHUBB INA HOLDINGS INC	93,160 		
	CIGNA CORP	505,761 		
	CINTAS CORP NO 2	1,014,818 		
	CITIGROUP INC	3,793,686 		
	CITIZENS BANK NA/PROVIDENCE RI	539,297 		
	CLOROX CO/THE	797,139 		
	COCA-COLA CO/THE	430,553 		
	COMCAST CORP	1,805,016 		
	COMMONSPIRIT HEALTH	75,526 		
	CONNECTICUT LIGHT AND POWER CO/THE	384,554 		
	COOPERATIEVE RABOBANK UA	1,374,715 		
	CORNING INC	516,193 		
	CREDIT SUISSE GROUP AG	2,040,383 		
	CRH AMERICA INC	609,049 		
	CROWLEY CONRO LLC	702,999 		
	CVS HEALTH CORP	1,157,787 		
	DAIMLER FINANCE NORTH AMERICA LLC	2,631,169 		
	DANONE SA	528,247 		
	DEERE & CO	131,486 		
	DIAGEO CAPITAL PLC	909,293 		
	DIGITAL REALTY TRUST LP	305,715 		
	DTE ELECTRIC CO	454,763 		
	DUKE ENERGY CAROLINAS LLC	441,425 		
	DUKE ENERGY PROGRESS LLC	1,313,941 		
	DUKE REALTY LP	871,140 		
	DUPONT DE NEMOURS INC	1,314,202 		
	DY9 LEASING LLC	1,136,536 		
	EAST OHIO GAS CO/THE	40,780 		
	EATON CORP	146,714 		
	ECOLAB INC	597,792 		
	EI DU PONT DE NEMOURS AND CO	73,695 		
	EMD FINANCE LLC	607,590 		
	EMERSON ELECTRIC CO	127,099 		
	EMORY UNIVERSITY	135,751 		
	ENTERGY ARKANSAS LLC	739,775 		
	ENTERGY LOUISIANA LLC	351,385 		
	ENTERPRISE PRODUCTS OPERATING LLC	864,136 		
	EQUIFAX INC	914,457 		
	EQUINOR ASA	257,825 		
	ERP OPERATING LP	257,719 		
	EVERGY METRO INC	297,177 		
	EXXON MOBIL CORP	299,198 		
	FEDERAL REALTY INVESTMENT TRUST	1,427,922 		
	FEDERATION DES CAISSES DESJARDIN DU QUEBEC	636,626 		
	FEDEX CORP	954,168 		
	FIDELITY NATIONAL INFORMATION SERVICES INC	181,669 		
	FIFTH THIRD BANCORP	435,193 		
	FIFTH THIRD BANK NA	258,995 		
	FISERV INC	1,214,257 		
	FLORIDA GAS TRANSMISSION CO LLC	647,185 		
	FLORIDA POWER & LIGHT CO	76,676 		
	FMC CORP	287,454 		
	FORD MOTOR CREDIT CO LLC	1,034,167 		
22

									
	FORTUNE BRANDS HOME & SECURITY INC	110,067 		
	GENERAL DYNAMICS CORP	574,130 		
	GENERAL MILLS INC	979,233 		
	GENERAL MOTORS FINANCIAL CO INC	418,518 		
	GEORGIA-PACIFIC LLC	1,245,466 		
	GGLAXOSMITHKLINE CAPITAL PLC	150,644 		
	GILEAD SCIENCES INC	170,839 		
	GLAXOSMITHKLINE CAPITAL INC	204,378 		
	GLAXOSMITHKLINE CAPITAL PLC	1,226,610 		
	GOLDMAN SACHS GROUP INC/THE	3,664,883 		
	GUARDIAN LIFE GLOBAL FUNDING	345,735 		
	HALLIBURTON CO	516,455 		
	HEALTH CARE SERVICE CORP A MUTUAL LEGAL RESERVE CO	246,638 		
	HEALTHCARE TRUST OF AMERICA HOLDINGS LP	194,994 		
	HEALTHPEAK PROPERTIES INC	251,642 		
	HELIOS LEASING I LLC	341,865 		
	HEWLETT PACKARD ENTERPRISE CO	701,060 		
	HEXCEL CORP	361,615 		
	HONEYWELL INTERNATIONAL INC	93,349 		
	HSBC HOLDINGS PLC	2,928,761 		
	HUNTINGTON NATIONAL BANK/THE	403,700 		
	INTEL CORP	778,917 		
	INTERNATIONAL BUSINESS MACHINES CORP	190,001 		
	JACKSON NATIONAL LIFE GLOBAL FUNDING	228,959 		
	JOHN DEERE CAPITAL CORP	197,608 		
	JOHNS HOPKINS HEALTH SYSTEM CORP/THE	276,203 		
(a)	JPMORGAN CHASE & CO	3,792,285 		
	KAISER FOUNDATION HOSPITALS	727,950 		
	KENTUCKY UTILITIES CO	893,224 		
	KEYBANK NA/CLEVELAND OH	574,468 		
	KEYCORP	665,662 		
	KIMCO REALTY CORP	298,071 		
	KLA CORP	96,843 		
	LAM RESEARCH CORP	646,286 		
	LELAND STANFORD JUNIOR UNI BOARD OF TRUSTEES	242,219 		
	LELAND STANFORD JUNIOR UNIVERSITY/THE	273,097 		
	LOWE'S COS INC	68,679 		
	M&T BANK CORP	192,028 		
	MAGELLAN MIDSTREAM PARTNERS LP	543,792 		
	MANUFACTURERS & TRADERS TRUST CO	322,542 		
	MARATHON PETROLEUM CORP	585,227 		
	MARSH & MCLENNAN COS INC	1,157,903 		
	MARTIN MARIETTA MATERIALS INC	203,838 		
	MASSACHUSETTS INSTITUTE OF TECHNOLOGY	380,135 		
	MASSMUTUAL GLOBAL FUNDING II	1,696,035 		
	MASTERCARD INC	172,438 		
	MAXIM INTEGRATED PRODUCTS INC	409,253 		
	MCCORMICK & CO INC/MD	1,263,787 		
	MCDONALD'S CORP	977,832 		
	METROPOLITAN LIFE GLOBAL FUNDING I	192,326 		
	MICROCHIP TECHNOLOGY INC	546,247 		
	MID-AMERICA APARTMENTS LP	299,734 		
	MITSUBISHI UFJ FINANCIAL GROUP INC	2,589,248 		
	MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV	614,792 		
	MONDELEZ INTERNATIONAL INC	107,035 		
	MONONGAHELA POWER CO	467,012 		
	MORGAN STANLEY	3,322,253 		
	MPLX LP	444,521 		
23

									
	MSN 41079 AND 41084 LTD	569,509 		
	NATIONAL RETAIL PROPERTIES INC	175,249 		
	NEW YORK AND PRESBYTERIAN HOSPITAL/THE	253,183 		
	NEW YORK HOSPITAL FOR SPECIAL SURGERY	90,714 		
	NEW YORK LIFE GLOBAL FUNDING	1,176,990 		
	NEXTERA ENERGY CAPITAL HOLDINGS INC	1,109,997 		
	NIKE INC	241,892 		
	NORFOLK SOUTHERN CORP	113,300 		
	NORTHROP GRUMMAN CORP	459,632 		
	NOVARTIS CAPITAL CORP	429,860 		
	NUTRIEN LTD	298,799 		
	OCCIDENTAL PETROLEUM CORP	175,222 		
	ONCOR ELECTRIC DELIVERY CO LLC	472,904 		
	ORACLE CORP	3,070,213 		
	ORLANDO HEALTH OBLIGATED GROUP	393,370 		
	OTIS WORLDWIDE CORP	781,929 		
	PACCAR FINANCIAL CORP	249,050 		
	PACIFIC LIFE GLOBAL FUNDING II	130,523 		
	PACIFICORP	482,760 		
	PACKAGING CORP OF AMERICA	658,291 		
	PARKER-HANNIFIN CORP	1,107,659 		
	PAYPAL HOLDINGS INC	92,254 		
	PEACEHEALTH OBLIGATED GROUP	81,795 		
	PERNOD RICARD INTERNATIONAL FINANCE LLC	228,504 		
	PHILLIPS 66	846,997 		
	PHOENIX 2012 LLC	689,449 		
	PNC BANK NA	644,741 		
	PPG INDUSTRIES INC	664,139 		
	PROVIDENCE ST JOSEPH HEALTH OBLIGATED GROUP	790,301 		
	PUBLIC SERVICE CO OF NEW HAMPSHIRE	445,093 		
	PUBLIC SERVICE ELECTRIC AND GAS CO	1,460,378 		
	RAYTHEON TECHNOLOGIES CORP	213,199 		
	REALTY INCOME CORP	629,647 		
	REGIONS FINANCIAL CORP	667,662 		
	RELX CAPITAL INC	572,294 		
	RIMON LLC	970,270 		
	ROCHESTER GAS AND ELECTRIC CORP	398,924 		
	ROGERS COMMUNICATIONS INC	498,824 		
	ROLLS-ROYCE PLC	274,118 		
	ROPER TECHNOLOGIES INC	1,245,955 		
	ROYAL BANK OF CANADA	2,834,178 		
	RYDER SYSTEM INC	463,333 		
	SCHLUMBERGER FINANCE CANADA LTD	301,692 		
	SCHLUMBERGER INVESTMENT SA	869,434 		
	SHELL INTERNATIONAL FINANCE BV	1,938,947 		
	SHERWIN-WILLIAMS CO/THE	389,984 		
	SIEMENS FINANCIERINGSMAATSCHAPPIJ NV	359,616 		
	SIMON PROPERTY GROUP LP	179,429 		
	SOUTHERN CALIFORNIA EDISON CO	827,166 		
	SOUTHWESTERN PUBLIC SERVICE CO	167,489 		
	STANFORD HEALTH CARE	178,463 		
	STANLEY BLACK & DECKER INC	457,477 		
	STARBUCKS CORP	237,560 		
	STATE STREET CORP	988,965 		
	SUMITOMO MITSUI FINANCIAL GROUP INC	1,224,779 		
	SUTTER HEALTH	504,172 		
	TAGUA LEASING LLC	728,342 		
	TARGET CORP	139,777 		
24

									
	TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV	231,674 		
	THERMO FISHER SCIENTIFIC INC	253,600 		
	TORONTO-DOMINION BANK/THE	2,544,260 		
	TOTAL CAPITAL INTERNATIONAL SA	578,195 		
	TOYOTA MOTOR CORP	1,041,580 		
	TOYOTA MOTOR CREDIT CORP	586,972 		
	TRANE TECHNOLOGIES LUXEMBOURG FINANCE SA	875,815 		
	TRANS-ALLEGHENY INTERSTATE LINE CO	219,088 		
	TRUIST BANK	1,303,553 		
	TRUIST FINANCIAL CORP	761,846 		
	TSMC GLOBAL LTD	786,521 		
	TYCO ELECTRONICS GROUP SA	353,124 		
	UBS AG/LONDON	204,239 		
	UBS GROUP AG	841,182 		
	UNION ELECTRIC CO	254,330 		
	UNION PACIFIC CORP	1,220,164 		
	UNITED PARCEL SERVICE INC	547,871 		
	UNITEDHEALTH GROUP INC	591,323 		
	US BANK NA/CINCINNATI OH	885,885 		
	USAA CAPITAL CORP	154,238 		
	VENTAS REALTY LP	298,034 		
	VERIZON COMMUNICATIONS INC	488,555 		
	VIRGINIA ELECTRIC AND POWER CO	253,216 		
	VODAFONE GROUP PLC	494,314 		
	VOLKSWAGEN GROUP OF AMERICA FINANCE LLC	423,877 		
	VORNADO REALTY LP	144,578 		
	WALT DISNEY CO/THE	1,183,072 		
	WASTE MANAGEMENT INC	167,580 		
	WELLTOWER INC	1,128,243 		
	WESTPAC BANKING CORP	573,084 		
	WESTROCK RKT LLC	698,959 		
	WRKCO INC	130,284 		
	XCEL ENERGY INC	684,990 		
	YALE UNIVERSITY	1,099,680 		
	TOTAL CORPORATE DEBT SECURITIES	$	182,541,014 		
			
	GOVERNMENT BONDS		
	ABILENE INDEPENDENT SCHOOL DISTRICT	$	577,894 		
	ANTELOPE VALLEY COMMUNITY COLLEGE DISTRICT	579,406 		
	BOERNE SCHOOL DISTRICT	1,265,381 		
	CHIPPEWA VALLEY SCHOOLS	441,454 		
	CITY & COUNTY OF HONOLULU HI	526,305 		
	CITY OF CHESAPEAKE VA	485,614 		
	CITY OF HOUSTON TX	292,937 		
	CITY OF SAN ANTONIO TX	496,911 		
	CLACKAMAS & WASHINGTON COUNTIES SCHOOL DIST NO 3	816,139 		
	CLEVELAND CLINIC HEALTH SYSTEM	886,510 		
	COAST COMMUNITY COLLEGE DISTRICT	481,426 		
	COMMONWEALTH OF MASSACHUSETTS	650,600 		
	COUNTY OF BROWARD FL AIRPORT SYSTEM REVENUE	722,970 		
	COUNTY OF MONTGOMERY MD	510,697 		
	COUNTY OF NORTHAMPTON PA	480,830 		
	CURATORS OF THE UNIVERSITY OF MISSOURI/THE	499,459 		
	DEKALB KANE LASALLE COUNTIES COMM COLLEGE DIST 523	244,446 		
	DENVER DEDICATED TAX	646,549 		
	EQUINOR ASA	666,710 		
	FLORIDA WATER POLLUTION CONTROL FINANCING CORP	934,224 		
	HONOLULU CITY & COUNTY BOARD OF WATER SUPPLY	225,518 		
	HOUSTON TX UTILITY SYS REVENUE	303,423 		
25

									
	INDIANA UNIVERSITY	798,841 		
	JOBSOHIO BEVERAGE SYSTEM	180,316 		
	KELLER INDEPENDENT SCHOOL DISTRICT/TX	567,315 		
	LAKOTA LOCAL SCHOOL DISTRICT/BUTLER COUNTY	375,493 		
	LINN COUNTY COMMUNITY SCHOOL DISTRICT NO 9 LEBANON	1,649,179 		
	LOS ANGELES COMMUNITY COLLEGE DISTRICT/CA	844,868 		
	MASSACHUSETTS SCHOOL BUILDING AUTHORITY	580,624 		
	MASSACHUSETTS WATER RESOURCES AUTHORITY	489,309 		
	MD COMM DEV ADMIN HOUSING REV	214,864 		
	MISSOURI HIGHER ED LN AUTH	802,975 		
	MOUNTAIN VIEW-WHISMAN SCHOOL DISTRICT	554,571 		
	NEW YORK STATE DORMITORY AUTHORITY	332,468 		
	NEW YORK STATE URBAN DEVELOPMENT CORP	879,876 		
	NYC TRANSITIONAL FINANCE AUTH FUTURE TAX SEC REV	549,726 		
	OHLONE COMMUNITY COLLEGE DISTRICT	510,125 		
	PETROLEOS MEXICANOS	2,903,995 		
	SAN JOSE REDEVELOPMENT AGENCY SUCCESSOR AGENCY	412,595 		
	SANTA ANA COMMUNITY REDEVELOPMENT AGENCY	1,158,618 		
	SOUTH DAKOTA STATE BUILDING AUTHORITY	577,253 		
	STATE OF CALIFORNIA	1,096,628 		
	STATE OF HAWAII	1,127,777 		
	STATE OF LOUISIANA GASOLINE & FUELS TAX REVENUE	776,445 		
	STATE OF NEW YORK	1,864,336 		
	STATE OF OHIO	778,207 		
	STATE OF OREGON	1,075,394 		
	STATE OF OREGON DEPARTMENT OF TRANSPORTATION	254,422 		
	STATE OF TEXAS	1,590,500 		
	STATE OF UTAH	871,986 		
	STATE OF WASHINGTON	848,711 		
	STATE OF WISCONSIN	1,436,082 		
	TEXAS TECH UNIVERSITY SYSTEM	384,091 		
	TEXAS TRANSPORTATION COMMISSION STATE HIGHWAY FUND	455,870 		
	TRINITY HEALTH	685,968 		
	TWIN FALLS COUNTY SCHOOL DIST NO 411 TWIN FALLS	623,517 		
	UNITED STATES TREASURY NOTE/BOND	132,643,736 		
	UNIVERSITY OF CALIFORNIA	526,448 		
	UNIVERSITY OF MICHIGAN	448,149 		
	UNIVERSITY OF PENNSYLVANIA	343,534 		
	WASHINGTON & CLACKAMAS SCHOOL	568,327 		
	WISCONSIN ST GEN FUND APPROP	576,307 		
	TOTAL GOVERNMENT BONDS	$	176,094,852 		
			
	MORTGAGE BACKED SECURITIES		
	ALLY AUTO RECEIVABLES TRUST 2018-3	$	217,599 		
	ALLY AUTO RECEIVABLES TRUST 2019-3	259,316 		
	AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST	2,316,750 		
	AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2018-2	408,250 		
	AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2019-3	376,055 		
	AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2020-2	623,362 		
	AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2020-3	887,199 		
	ARI FLEET LEASE TRUST 2018-B	305,514 		
	BA CREDIT CARD TRUST	1,446,482 		
	BMW VEHICLE OWNER TRUST 2020-A	652,826 		
	BRAZOS HIGHER EDUCATION AUTHORITY INC	672,542 		
	CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2019-2	590,921 		
	CARMAX AUTO OWNER TRUST	1,153,619 		
	CARMAX AUTO OWNER TRUST 2019-4	781,949 		
	CARMAX AUTO OWNER TRUST 2020-1	718,693 		
	CARMAX AUTO OWNER TRUST 2020-2	826,427 		
26

									
	CARMAX AUTO OWNER TRUST 2020-4	938,597 		
	CHESAPEAKE FUNDING II LLC	1,429,704 		
	CITIGROUP COMMERCIAL MORTGAGE TRUST 2013-GC11	510,804 		
	CITIGROUP COMMERCIAL MORTGAGE TRUST 2014-GC21	964,601 		
	CNH EQUIPMENT TRUST 2017-B	211,493 		
	CNH EQUIPMENT TRUST 2018-B	606,074 		
	COMM 2012-CCRE5 MORTGAGE TRUST	2,072,141 		
	COMM 2013-CCRE10 MORTGAGE TRUST	517,130 		
	COMM 2013-CCRE6 MORTGAGE TRUST	1,039,373 		
	COMM 2013-CCRE7 MORTGAGE TRUST	322,198 		
	COMM 2013-LC6 MORTGAGE TRUST	835,660 		
	COMM 2014-CCRE17 MORTGAGE TRUST	1,492,965 		
	COMM 2014-CR14 MORTGAGE TRUST	1,741,353 		
	DBUBS 2011-LC2 MORTGAGE TRUST	786,692 		
	DELL EQUIPMENT FINANCE TRUST 2018-1	81,249 		
	DELL EQUIPMENT FINANCE TRUST 2019-2	508,831 		
	DELL EQUIPMENT FINANCE TRUST 2020-1	728,815 		
	DELL EQUIPMENT FINANCE TRUST 2020-2	732,592 		
	ECMC GROUP STUDENT LOAN TRUST 2018-2	895,040 		
	EDLINC STUDENT LOAN FUNDING TRUST 2012-1	237,363 		
	EDSOUTH INDENTURE NO 2 LLC	283,814 		
	EDU FUND OF SOUTH	583,229 		
	ENTERPRISE FLEET FINANCING 2018-2 LLC	301,860 		
	ENTERPRISE FLEET FINANCING 2019-3 LLC	380,588 		
	ENTERPRISE FLEET FINANCING 2020-2 LLC	747,155 		
	FANNIE MAE OR FREDDIE MAC	39,239,128 		
	FANNIE MAE POOL	83,567,708 		
	FANNIE MAE-ACES	316,614 		
	FORD CREDIT AUTO LEASE TRUST 2020-A	1,455,444 		
	FORD CREDIT AUTO LEASE TRUST 2020-B	733,300 		
	FORD CREDIT AUTO OWNER TR	411,377 		
	FORD CREDIT AUTO OWNER TRUST	1,994,868 		
	FORD CREDIT AUTO OWNER TRUST 2018-REV2	2,008,077 		
	FORD CREDIT AUTO OWNER TRUST 2019-C	734,644 		
	FORD CREDIT AUTO OWNER TRUST 2020-A	860,751 		
	FORD CREDIT AUTO OWNER TRUST 2020-B	1,316,143 		
	FORD CREDIT AUTO OWNER TRUST 2020-C	1,139,454 		
	FORD CREDIT AUTO OWNER TRUST 2020-REV1	1,408,549 		
	FREDDIE MAC GOLD POOL	22,589,725 		
	FREDDIE MAC MULTIFAM STRUCT PT CERT	155,613 		
	FREDDIE MAC MULTIFAMILY STRUCTURED PT CERTIFICATES	2,703,404 		
	FREDDIE MAC NON GOLD POOL	5,626,932 		
	FREDDIE MAC POOL	12,689,273 		
	GINNIE MAE II POOL	16,455 		
	GM FIN CONSUMER AUTO RECV TR 2017-3A	87,339 		
	GM FIN CONSUMER AUTO RECV TR 2018-2	325,520 		
	GM FINANCIAL AUTOMOBILE LEASING TRUST 2020-2	790,493 		
	GM FINANCIAL AUTOMOBILE LEASING TRUST 2020-3	802,099 		
	GM FINANCIAL CONSUMER AUTO REC TRUST 2020-3	1,205,045 		
	GM FINANCIAL CONSUMER AUTOMOBILE REC TRUST 2018-3	534,843 		
	GM FINANCIAL CONSUMER AUTOMOBILE REC TRUST 2020-1	465,204 		
	GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST	417,761 		
	GNMA	4,251,924 		
	GOVERNMENT NATIONAL MORTGAGE ASSOCIATION	1,593,321 		
	GS MORTGAGE SECURITIES TRUST 2011-GC5	975,640 		
	GS MORTGAGE SECURITIES TRUST 2013-GC13	499,118 		
	GS MORTGAGE SECURITIES TRUST 2013-GC16	1,772,602 		
	GS MORTGAGE SECURITIES TRUST 2014-GC26	1,881,686 		
27

									
	HARLEY-DAVIDSON MOTORCYCLE TRUST 2020-A	808,212 		
	HONDA AUTO RECEIVABLES 2018-2 OWNER TRUST	297,988 		
	HONDA AUTO RECEIVABLES 2019-4 OWNER TRUST	561,555 		
	HONDA AUTO RECEIVABLES 2020-2 OWNER TRUST	654,330 		
	HONDA AUTO RECEIVABLES 2020-3 OWNER TRUST	766,396 		
	HYUNDAI AUTO LEASE SECURITIZATION TRUST 2020-A	671,277 		
	HYUNDAI AUTO LEASE SECURITIZATION TRUST 2020-B	1,344,909 		
	HYUNDAI AUTO RECEIVABLES TRUST 2018-A	94,908 		
	HYUNDAI AUTO RECEIVABLES TRUST 2020-A	1,076,977 		
	HYUNDAI AUTO RECEIVABLES TRUST 2020-B	979,299 		
	JOHN DEERE OWNER TRUST 2018-B	520,374 		
	JOHN DEERE OWNER TRUST 2020	557,169 		
	JOHN DEERE OWNER TRUST 2020-B	526,807 		
(a)	JPMBB COMMERCIAL MORTGAGE SEC TRUST 2014-C26	595,270 		
(a)	JPMBB COMML MTG SEC TR	365,432 		
(a)	JPMORGAN CHASE COMML MTG SEC TR	2,219,042 		
(a)	JPMORGAN COMM MTG SEC TR	631,368 		
	MERCEDES-BENZ AUTO LEASE TRUST 2019-B	719,726 		
	MERCEDES-BENZ AUTO LEASE TRUST 2020-A	517,542 		
	MERCEDES-BENZ AUTO LEASE TRUST 2020-B	756,725 		
	MERCEDES-BENZ AUTO RECEIVABLES TRUST 2018-1	495,055 		
	MERCEDES-BENZ AUTO RECEIVABLES TRUST 2020-1	824,441 		
	MISSOURI HIGHER ED LN AUTH	634,613 		
	MMAF EQUIPMENT FINANCE LLC 2017-A	769,445 		
	MMAF EQUIPMENT FINANCE LLC 2017-B	1,103,278 		
	MMAF EQUIPMENT FINANCE LLC 2018-A	931,972 		
	MMAF EQUIPMENT FINANCE LLC 2019-A	558,359 		
	MMAF EQUIPMENT FINANCE LLC 2019-B	788,234 		
	MMAF EQUIPMENT FINANCE LLC 2020-B	660,522 		
	MO STATE HIGHER ED STD ASST	378,606 		
	MORGAN STANLEY BAML TRUST	1,453,958 		
	MORGAN STANLEY BAML TRUST 2014 C19	801,877 		
	MORGAN STANLEY BAML TRUST 2014-C16	1,760,817 		
	MORGAN STANLEY CAPITAL I TRUST 2011-C3	1,243,049 		
	NAVIENT STUDENT LOAN TRUST 2016-6	629,014 		
	NISSAN AUTO LEASE TRUST 2020-A	1,051,489 		
	NISSAN AUTO LEASE TRUST 2020-B	846,375 		
	NISSAN AUTO RECEIVABLES 2018-B OWNER TRUST	595,772 		
	NISSAN AUTO RECEIVABLES 2019-C OWNER TRUST	811,896 		
	NISSAN AUTO RECEIVABLES 2020-A OWNER TRUST	794,941 		
	NISSAN AUTO RECEIVABLES 2020-B OWNER TRUST	617,693 		
	NORTH CAROLINA STATE EDUCATION ASSISTANCE AUTH	867,619 		
	PHEAA STUDENT LOAN TRUST 2014-2	1,023,624 		
	SANTANDER RETAIL AUTO LEASE TRUST 2019-C	667,541 		
	SANTANDER RETAIL AUTO LEASE TRUST 2020-A	966,360 		
	SANTANDER RETAIL AUTO LEASE TRUST 2020-B	903,084 		
	SBA SMALL BUSINESS INVESTMENT COS	13,462,236 		
	SEASONED CREDIT RISK TRANSFER TRUST SERIES 2018-2	340,422 		
	SEASONED CREDIT RISK TRANSFER TRUST SERIES 2018-3	257,781 		
	SEASONED CREDIT RISK TRANSFER TRUST SERIES 2019-1	868,212 		
	SEASONED CREDIT RISK TRANSFER TRUST SERIES 2019-2	997,317 		
	SEASONED CREDIT RISK TRANSFER TRUST SERIES 2019-3	635,563 		
	SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-2	2,602,204 		
	SEASONED CREDIT RISK TRANSFER TRUST SERIES 2020-3	9,192,813 		
	SLCC STUDENT LOAN TRUST I	250,602 		
	STUDENT LOAN CORP	582,465 		
	TOWD POINT MORTGAGE TRUST 2015-6	322,955 		
28

									
	TOWD POINT MORTGAGE TRUST 2016-1	224,241 		
	TOWD POINT MORTGAGE TRUST 2016-3	203,855 		
	TOWD POINT MORTGAGE TRUST 2016-4	119,831 		
	TOWD POINT MORTGAGE TRUST 2017-1	296,316 		
	TOWD POINT MORTGAGE TRUST 2017-5	44,902 		
	TOWD POINT MORTGAGE TRUST 2017-6	575,561 		
	TOWD POINT MORTGAGE TRUST 2018-2	1,474,137 		
	TOWD POINT MORTGAGE TRUST 2018-3	1,109,177 		
	TOWD POINT MORTGAGE TRUST 2019-4	1,582,877 		
	TOYOTA AUTO LOAN EXTENDED NOTE TRUST 2019-1	886,717 		
	TOYOTA AUTO LOAN EXTENDED NOTE TRUST 2020-1	1,544,868 		
	TOYOTA AUTO RECEIVABLES 2019-D OWNER TRUST	571,645 		
	TOYOTA AUTO RECEIVABLES 2020-A OWNER TRUST	857,222 		
	TOYOTA AUTO RECEIVABLES 2020-B OWNER TRUST	590,739 		
	TOYOTA AUTO RECEIVABLES 2020-C OWNER TRUST	735,556 		
	UBS-BARCLAYS COMMERCIAL MORTGAGE TRUST 2012-C4	935,043 		
	UNITED STATES SMALL BUSINESS ADMINISTRATION	3,298,088 		
	UTAH STATE BOARD OF REGENTS	1,458,028 		
	VERIZON OWNER TRUST 2018-A	685,035 		
	VERIZON OWNER TRUST 2019-A	1,703,887 		
	VERIZON OWNER TRUST 2019-B	1,020,506 		
	VERIZON OWNER TRUST 2019-C	740,984 		
	VERIZON OWNER TRUST 2020-A	1,367,804 		
	VERIZON OWNER TRUST 2020-B	1,008,702 		
	VERIZON OWNER TRUST 2020-C	906,784 		
	VERMONT STD ASST CORP	1,029,862 		
	VOLKSWAGEN AUTO LEASE TRUST 2019-A	375,727 		
	VOLKSWAGEN AUTO LEASE TRUST 2020-A	951,252 		
	VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2018-1	491,215 		
	VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2020-1	737,983 		
	VOLVO FINANCIAL EQUIPMENT LLC	926,528 		
	WFRBS COMMERCIAL MORTGAGE TRUST 2012-C10	654,138 		
	WFRBS COMMERCIAL MORTGAGE TRUST 2013-C11	1,748,562 		
	WFRBS COMMERCIAL MORTGAGE TRUST 2013-C17	2,169,780 		
	WFRBS COMMERCIAL MORTGAGE TRUST 2014-C20	1,384,483 		
	WHEELS SPV 2 LLC	255,984 		
	WORLD OMNI AUTO RECEIVABLES TRUST	1,298,193 		
	WORLD OMNI AUTO RECEIVABLES TRUST 2018-B	298,122 		
	WORLD OMNI AUTO RECEIVABLES TRUST 2019-A	607,328 		
	WORLD OMNI AUTO RECEIVABLES TRUST 2019-C	888,191 		
	WORLD OMNI AUTO RECEIVABLES TRUST 2020-A	1,103,224 		
	WORLD OMNI AUTO RECEIVABLES TRUST 2020-C	853,133 		
	WORLD OMNI AUTOMOBILE LEASE SEC TRUST 2018-B	460,546 		
	WORLD OMNI AUTOMOBILE LEASE SEC TRUST 2020-B	511,387 		
	WORLD OMNI SELECT AUTO TRUST 2019-A	945,614 		
	TOTAL MORTGAGE BACKED SECURITIES	$	333,748,153 		
			
	Net Assets Pending Settlement	$	(39,425,840)		
			
	SUBTOTAL STABLE VALUE FUND	$	710,330,103 		
			
	TOTAL - INVESTMENT CONTRACTS	$	710,330,103 		
	ADJUSTMENT FROM FAIR VALUE TO CONTRACT VALUE	$	(28,541,140)		
	TOTAL - INVESTMENT CONTRACTS AT CONTRACT VALUE	$	681,788,963 		

	
29

			
AEP RETIREMENT SAVINGS 401(K) PLAN	
PLAN #002 EIN #13-4922641	
SCHEDULE OF ASSETS (HELD AT END OF YEAR (continued)	
DECEMBER 31, 2020	

	Identity of Issuer, Borrower, Lessor or Similar Party	Current Value	
			
	CASH EQUIVALENTS		
	CASH EQUIVALENTS	$	4,659,795 		
	TOTAL CASH EQUIVALENTS	$	4,659,795 		
			
	COMMON / COLLECTIVE TRUSTS		
	EB DL NON SL EMERGING MARKETS STOCK INDEX FUND	$	50,660,881 		
	EB DAILY LIQUIDITY NON SL AGGREGATE BOND INDEX FUND	575,341,739 		
	EB DAILY LIQUIDITY NON SL INTERNATIONAL STOCK INDEX FUND	660,031,838 		
	EB DAILY LIQUIDITY NON SL SMALL CAP STOCK	210,808,132 		
	EB DAILY LIQUIDITY NON SL STOCK INDEX FUND	1,109,531,125 		
	EB DAILY LIQUIDITY MID CAP STOCK INDEX FUND	401,692,712 		
	EB DL NON SL TREASURY INFLATION PROTECTED SECURITIES FUND	26,571,999 		
(a)	JPMCB STRATEGIC PROPERTY FUND	65,129,429 		
(a)	JPMCB LIQUIDITY FUND	21,682,463 		
	METWEST TOTAL RETURNED BOND FUND C CLASS SHARES	67,993,031 		
	COLUMBIA TRUST FOCUSED LARGE CAP GROWTH FUND	246,556,207 		
	TOTAL COMMON / COLLECTIVE TRUSTS	$	3,435,999,556 		
			
	AEP STOCK		
(a)	AMERICAN ELECTRIC POWER COMPANY, INC.   COMMON STOCK $6.50 PAR VALUE	$	323,077,524 		
	TOTAL AEP STOCK	$	323,077,524 		
			
	CORPORATE STOCKS		
	2U INC COMMON STOCK USD 0.001	$	2,090,723 		
	8X8 INC COMMON STOCK USD 0.001	1,045,992 		
	AARON'S CO INC/THE COMMON STOCK USD 0.5	137,763 		
	ABIOMED INC COMMON STOCK USD 0.01	4,076,815 		
	ABM INDUSTRIES INC COMMON STOCK USD 0.01	2,327,917 		
	ACCO BRANDS CORP COMMON STOCK USD 0.01	195,609 		
	ACTIVISION BLIZZARD INC COMMON STOCK USD 0.000001	540,294 		
	ACUITY BRANDS INC COMMON STOCK USD 0.01	284,198 		
	ADOBE INC COMMON STOCK USD 0.0001	6,305,513 		
	ADTALEM GLOBAL EDUCATION INC COMMON STOCK USD 0.01	986,689 		
	ADYEN NV ADR USD	4,942,435 		
	AECOM COMMON STOCK USD 0.01	445,830 		
	AEGION CORP COMMON STOCK EUR 0.01	177,177 		
	AERCAP HOLDINGS NV COMMON STOCK USD 0.01	354,476 		
	AES CORP/THE COMMON STOCK USD 0.01	319,718 		
	AGCO CORP COMMON STOCK USD 0.01	303,806 		
	AGIOS PHARMACEUTICALS INC COMMON STOCK USD 0.001	597,044 		
	AGNC INVESTMENT CORP REIT USD 0.01	228,757 		
	AIRBNB INC COMMON STOCK USD 0.0001	166,912 		
	AKAMAI TECHNOLOGIES INC COMMON STOCK USD 0.01	1,212,844 		
	ALASKA AIR GROUP INC COMMON STOCK USD 0.01	218,920 		
	ALLAKOS INC COMMON STOCK USD 0.001	515,200 		
	ALLEGHANY CORP COMMON STOCK USD 1	2,511,954 		
	ALLIANCE DATA SYSTEMS CORP COMMON STOCK USD 0.01	242,529 		
	ALLISON TRANSMISSION HOLDINGS INC COMMON STOCK USD	297,856 		
	ALLY FINANCIAL INC COMMON STOCK USD 0.1	1,423,476 		
	ALPHABET INC COMMON STOCK USD 0.001	13,120,712 		
	ALTICE USA INC COMMON STOCK USD 0.01	797,239 		
	AMAZON.COM INC COMMON STOCK USD 0.01	16,108,776 		
	AMDOCS LTD	197,170 		
	AMERICAN FINANCIAL GROUP INC/OH COMMON STOCK USD 0	302,815 		
	AMERICAN TOWER CORP REIT USD 0.01	2,263,470 		
	AMERICOLD REALTY TRUST	135,407 		
30

									
	AMERIPRISE FINANCIAL INC COMMON STOCK USD 0.01	401,874 		
	AMERISOURCEBERGEN CORP COMMON STOCK USD 0.01	478,144 		
	AMGEN INC COMMON STOCK USD 0.0001	441,216 		
	AMN HEALTHCARE SERVICES INC COMMON STOCK USD 0.01	1,068,863 		
	AMPHENOL CORP COMMON STOCK USD 0.001	1,205,883 		
	ANAPLAN INC COMMON STOCK USD 0.0001	3,338,079 		
	ANTHEM INC COMMON STOCK USD 0.01	1,805,810 		
	APACHE CORP COMMON STOCK EUR 0.625	339,482 		
	APPLE INC COMMON STOCK USD 0.00001	12,711,702 		
	APPLIED MATERIALS INC COMMON STOCK USD 0.01	2,361,427 		
	APTIV PLC COMMON STOCK USD 0.01	1,574,424 		
	ARCH CAPITAL GROUP LTD COMMON STOCK USD 0.01	493,257 		
	ARCHER-DANIELS-MIDLAND CO COMMON STOCK USD 0	117,304 		
	ARES COMMERCIAL REAL ESTATE CORP REIT USD 0.01	90,968 		
	ARGO GROUP INTERNATIONAL HOLDINGS LTD COMMON STOCK	366,250 		
	ARROW ELECTRONICS INC COMMON STOCK USD 1	299,198 		
	ARVINAS INC COMMON STOCK USD 0.001	252,242 		
	ASGN INC COMMON STOCK USD 0.01	610,771 		
	ASHLAND GLOBAL HOLDINGS INC COMMON STOCK USD 0	671,299 		
	ASSURANT INC COMMON STOCK USD 0.01	702,487 		
	ASSURED GUARANTY LTD COMMON STOCK USD 0.01	325,197 		
	ASTRAZENECA PLC ADR USD	3,261,848 		
	ATLANTIC UNION BANKSHARES CORP COMMON STOCK USD	183,015 		
	ATLASSIAN CORP PLC COMMON STOCK USD 0.1	1,909,081 		
	AUTOLIV INC COMMON STOCK USD 1	301,443 		
	AUTOZONE INC COMMON STOCK USD 0.01	512,110 		
	AVALONBAY COMMUNITIES INC REIT USD 0.01	409,263 		
	AVANTOR INC COMMON STOCK USD 0.01	416,113 		
	AXIS CAPITAL HOLDINGS LTD COMMON STOCK USD 0.0125	1,234,581 		
	AXOGEN INC COMMON STOCK USD 0.01	1,031,344 		
	BANCFIRST CORP COMMON STOCK USD 1	100,553 		
	BANCORPSOUTH BANK COMMON STOCK USD 2.5	155,667 		
	BANK OF AMERICA CORP COMMON STOCK USD 0.01	3,109,897 		
	BANK OF NEW YORK MELLON CORP/THE COMMON STOCK USD	401,398 		
	BANK OZK COMMON STOCK USD	681,186 		
	BANKUNITED INC COMMON STOCK USD 0.01	250,242 		
	BELDEN INC COMMON STOCK USD 0.01	1,704,809 		
	BERKSHIRE HATHAWAY INC COMMON STOCK USD 0.0033	1,808,586 		
	BERRY GLOBAL GROUP INC COMMON STOCK USD 0.01	129,574 		
	BEST BUY CO INC COMMON STOCK USD 0.1	469,491 		
	BILL.COM HOLDINGS INC COMMON STOCK USD 0.00001	3,150,693 		
	BIO-TECHNE CORP COMMON STOCK USD 0.01	5,411,687 		
	BIOTELEMETRY INC COMMON STOCK USD 0.001	2,594,952 		
	BJ'S WHOLESALE CLUB HOLDINGS INC COMMON STOCK USD	479,980 		
	BLACKSTONE GROUP INC/THE COMMON STOCK USD 0	1,380,453 		
	BLACKSTONE MORTGAGE TRUST INC REIT USD 0.01	162,904 		
	BLOOMIN' BRANDS INC COMMON STOCK USD 0.01	153,340 		
	BMC STOCK HOLDINGS INC COMMON STOCK EUR 0.01	258,362 		
	BOOKING HOLDINGS INC COMMON STOCK USD 0.008	1,781,816 		
	BOOZ ALLEN HAMILTON HOLDING CORP COMMON STOCK USD	1,366,895 		
	BORGWARNER INC COMMON STOCK USD 0.01	275,387 		
	BP PLC ADR USD	153,982 		
	BRUNSWICK CORP/DE COMMON STOCK USD 0.75	516,907 		
	BWX TECHNOLOGIES INC COMMON STOCK USD 0.01	276,625 		
	CABOT CORP COMMON STOCK USD 1	136,974 		
	CABOT OIL & GAS CORP COMMON STOCK USD 0.1	1,473,340 		
	CADENCE DESIGN SYSTEMS INC COMMON STOCK USD 0.01	1,280,259 		
	CALLAWAY GOLF CO COMMON STOCK USD 0.01	27,203 		
	CAMPBELL SOUP CO COMMON STOCK USD 0.0375	457,004 		
	CAPITAL ONE FINANCIAL CORP COMMON STOCK USD 0.01	2,471,250 		
	CARDINAL HEALTH INC COMMON STOCK USD 0	447,716 		
	CARGURUS INC COMMON STOCK USD 0.001	558,734 		
31

									
	CARLISLE COS INC COMMON STOCK USD 1	643,618 		
	CARLYLE GROUP INC/THE COMMON STOCK USD 1	1,821,665 		
	CARTER'S INC COMMON STOCK USD 0.01	761,873 		
	CATHAY GENERAL BANCORP COMMON STOCK USD 0.01	104,038 		
	CDK GLOBAL INC COMMON STOCK USD 0.01	238,055 		
	CDW CORP/DE COMMON STOCK USD 0.01	1,194,940 		
	CELANESE CORP COMMON STOCK USD 0.0001	120,195 		
	CENOVUS ENERGY INC COMMON STOCK CAD 0	147,467 		
	CENTERPOINT ENERGY INC COMMON STOCK USD 0.01	432,259 		
	CENTURYLINK INC COMMON STOCK USD 1	241,108 		
	CH ROBINSON WORLDWIDE INC COMMON STOCK USD 0.1	1,281,397 		
	CHAMPIONX CORP COMMON STOCK USD 0.01	632,227 		
	CHANGE HEALTHCARE INC COMMON STOCK USD 0.001	635,965 		
	CHANNELADVISOR CORP COMMON STOCK USD 0.001	439,897 		
	CHENIERE ENERGY INC COMMON STOCK USD 0.003	312,756 		
	CHEVRON CORP COMMON STOCK USD 0.75	148,041 		
	CHIPOTLE MEXICAN GRILL INC COMMON STOCK USD 0.01	2,455,863 		
	CHUBB LTD COMMON STOCK USD 24.15	1,098,370 		
	CIGNA CORP COMMON STOCK USD 0.01	2,664,704 		
	CIMPRESS PLC COMMON STOCK USD 0.01	972,598 		
	CITIGROUP INC	2,882,975 		
	CITIZENS FINANCIAL GROUP INC COMMON STOCK USD 0.01	400,762 		
	CLEAN HARBORS INC COMMON STOCK USD 0.01	1,926,243 		
	CLEARWATER PAPER CORP COMMON STOCK USD 0.0001	167,799 		
	COHERENT INC COMMON STOCK USD 0.01	204,627 		
	COLFAX CORP COMMON STOCK USD 0.001	584,116 		
	COLUMBIA BANKING SYSTEM INC COMMON STOCK USD 0	174,187 		
	COMCAST CORP COMMON STOCK USD 0.01	2,171,980 		
	COMMSCOPE HOLDING CO INC COMMON STOCK USD 0.01	187,252 		
	CONAGRA BRANDS INC	1,584,562 		
	CONCENTRIX CORP COMMON STOCK USD	499,817 		
	CONDUENT INC COMMON STOCK USD 0.01	155,246 		
	CONOCOPHILLIPS COMMON STOCK USD 0.01	152,802 		
	COOPER COS INC/THE COMMON STOCK USD 0.1	1,254,907 		
	CORNING INC COMMON STOCK USD 0.5	1,175,148 		
	CORPORATE OFFICE PROPERTIES TRUST REIT USD 0.01	507,571 		
	COSTCO WHOLESALE CORP COMMON STOCK USD 0.005	4,108,032 		
	COUPA SOFTWARE INC COMMON STOCK USD 0.0001	2,323,906 		
	COUSINS PROPERTIES INC REIT USD 1	446,836 		
	COVANTA HOLDING CORP COMMON STOCK USD 0.1	126,380 		
	CRANE CO COMMON STOCK USD 1	309,397 		
	CROCS INC COMMON STOCK USD 0.001	471,892 		
	CROWN HOLDINGS INC COMMON STOCK USD 5	117,535 		
	CUMMINS INC COMMON STOCK USD 2.5	291,369 		
	CURTISS-WRIGHT CORP COMMON STOCK USD 1	313,680 		
	DANA INC	1,033,135 		
	DANAHER CORP COMMON STOCK USD 0.01	2,989,537 		
	DAVITA INC COMMON STOCK USD 0.001	491,319 		
	DECIPHERA PHARMACEUTICALS INC COMMON STOCK USD	819,925 		
	DECKERS OUTDOOR CORP COMMON STOCK USD 0.01	510,468 		
	DENTSPLY SIRONA INC COMMON STOCK USD 0.01	2,141,575 		
	DEXCOM INC COMMON STOCK USD 0.001	1,901,470 		
	DIAMONDBACK ENERGY INC COMMON STOCK USD 0.01	417,934 		
	DICK'S SPORTING GOODS INC COMMON STOCK USD 0.01	491,613 		
	DISCOVER FINANCIAL SERVICES COMMON STOCK USD 0.01	425,038 		
	DOLBY LABORATORIES INC COMMON STOCK USD 0.001	3,717,262 		
	DOLLAR GENERAL CORP COMMON STOCK USD 0.875	488,737 		
	DOMINION ENERGY INC COMMON STOCK USD 0	249,288 		
	DONNELLEY FINANCIAL SOLUTIONS INC COMMON STOCK USD	212,040 		
	DOVER CORP COMMON STOCK USD 1	1,015,176 		
	DR HORTON INC COMMON STOCK USD 0.01	474,928 		
	DXC TECHNOLOGY CO COMMON STOCK USD 0.01	132,046 		
32

									
	EAST WEST BANCORP INC COMMON STOCK USD 0.001	217,495 		
	EASTMAN CHEMICAL CO COMMON STOCK USD 0.01	512,598 		
	EATON CORP PLC COMMON STOCK USD 0.01	871,015 		
	EDWARDS LIFESCIENCES CORP COMMON STOCK USD 1	3,024,731 		
	ELANCO ANIMAL HEALTH INC COMMON STOCK USD 0	1,599,441 		
	ELASTIC NV COMMON STOCK USD 0.01	4,986,540 		
	ELEMENT SOLUTIONS INC COMMON STOCK USD 0.01	342,703 		
	ELI LILLY & CO COMMON STOCK USD 0	2,556,744 		
	EMCOR GROUP INC COMMON STOCK USD 0.01	443,947 		
	EMERSON ELECTRIC CO COMMON STOCK USD 0.5	280,813 		
	ENCOMPASS HEALTH CORP COMMON STOCK USD 0.01	697,280 		
	ENERGIZER HOLDINGS INC COMMON STOCK USD 0	434,412 		
	ENERSYS COMMON STOCK USD 0.01	928,362 		
	ENTERGY CORP COMMON STOCK USD 0.01	731,128 		
	ENVISTA HOLDINGS CORP COMMON STOCK USD 0.01	808,272 		
	EOG RESOURCES INC COMMON STOCK USD 0.01	1,708,048 		
	EPR PROPERTIES REIT USD 0.01	353,340 		
	EQT CORP COMMON STOCK USD 0	293,957 		
	EQUITABLE HOLDINGS INC COMMON STOCK USD 0.01	383,006 		
	EQUITRANS MIDSTREAM CORP COMMON STOCK USD	126,686 		
	EQUITY COMMONWEALTH REIT USD 0.01	1,549,804 		
	ESSENT GROUP LTD COMMON STOCK USD 0.015	515,549 		
	ESTEE LAUDER COS INC/THE COMMON STOCK USD 0.01	3,742,898 		
	EURONET WORLDWIDE INC COMMON STOCK USD 0.02	1,782,081 		
	EVERCORE INC COMMON STOCK USD 0.01	1,038,510 		
	EVEREST RE GROUP LTD COMMON STOCK USD 0.01	267,097 		
	EVERGY INC COMMON STOCK USD 0	1,000,124 		
	EVERTEC INC COMMON STOCK USD 0.01	269,539 		
	EXACT SCIENCES CORP COMMON STOCK USD 0.01	826,208 		
	EXELON CORP COMMON STOCK USD 0	267,295 		
	EXTENDED STAY AMERICA INC UNIT USD 0.01	138,459 		
	EXXON MOBIL CORP COMMON STOCK USD 0	161,376 		
	FACEBOOK INC COMMON STOCK USD 0.000006	8,566,571 		
	FAIR ISAAC CORP COMMON STOCK USD 0.01	1,123,777 		
	FARFETCH LTD COMMON STOCK USD 0.04	3,160,318 		
	FEDERAL AGRICULTURAL MORTGAGE CORP COMMON STOCK	110,410 		
	FIDELITY NATIONAL FINANCIAL INC COMMON STOCK USD	619,577 		
	FIFTH THIRD BANCORP COMMON STOCK USD 0	174,028 		
	FIREEYE INC COMMON STOCK USD 0.0001	848,400 		
	FIRST AMERICAN FINANCIAL CORP COMMON STOCK USD	229,857 		
	FIRST CITIZENS BANCSHARES INC/NC COMMON STOCK USD	190,814 		
	FIRST HAWAIIAN INC COMMON STOCK USD 0.01	702,825 		
	FIRST HORIZON CORP COMMON STOCK USD 0.625	160,314 		
	FIRST MERCHANTS CORP COMMON STOCK USD 0	184,693 		
	FIRST OF LONG ISLAND CORP/THE COMMON STOCK USD 0.1	50,373 		
	FIRSTCASH INC	501,907 		
	FISERV INC COMMON STOCK USD 0.01	1,781,909 		
	FIVE BELOW INC COMMON STOCK USD 0.01	2,247,093 		
	FIVERR INTERNATIONAL LTD COMMON STOCK USD	2,649,653 		
	FLEX LTD COMMON STOCK USD 0	1,717,144 		
	FMC CORP COMMON STOCK USD 0.1	227,358 		
	FNB CORP/PA COMMON STOCK USD 0.01	187,967 		
	FNFV GROUP TRACKING STK USD 0.0001	— 		
	FOOT LOCKER INC COMMON STOCK USD 0.01	359,916 		
	FORWARD AIR CORP COMMON STOCK USD 0.01	1,315,501 		
	FOX FACTORY HOLDING CORP COMMON STOCK USD 0.001	548,635 		
	FRANKLIN RESOURCES INC COMMON STOCK USD 0.1	436,868 		
	FRESH DEL MONTE PRODUCE INC COMMON STOCK USD 0.01	301,092 		
	FRONTDOOR INC COMMON STOCK USD 0.01	2,264,371 		
	FTI CONSULTING INC COMMON STOCK USD 0.01	426,212 		
	GARMIN LTD COMMON STOCK USD 0.1	501,191 		
	GARTNER INC COMMON STOCK USD 0.0005	1,219,206 		
33

									
	GENERAC HOLDINGS INC COMMON STOCK USD 0.01	1,934,122 		
	GENERAL MILLS INC COMMON STOCK USD 0.1	462,697 		
	GENERAL MOTORS CO COMMON STOCK USD 0.01	500,305 		
	GENTEX CORP COMMON STOCK USD 0.06	665,435 		
	GERMAN AMERICAN BANCORP INC COMMON STOCK USD 0	46,624 		
	GLOBE LIFE INC COMMON STOCK USD 1	186,122 		
	GOLDMAN SACHS GROUP INC/THE COMMON STOCK USD 0.01	446,197 		
	GRACO INC COMMON STOCK USD 1	2,952,169 		
	GRAFTECH INTERNATIONAL LTD COMMON STOCK USD 0.01	207,614 		
	GRAND CANYON EDUCATION INC COMMON STOCK USD 0.01	592,831 		
	GRAPHIC PACKAGING HOLDING CO COMMON STOCK USD 0.01	1,367,070 		
	GREAT WESTERN BANCORP INC COMMON STOCK USD 0.01	117,563 		
	GROCERY OUTLET HOLDING CORP COMMON STOCK USD 0.001	5,906,026 		
	GUARDANT HEALTH INC COMMON STOCK USD 0.00001	550,833 		
	GUIDEWIRE SOFTWARE INC COMMON STOCK USD 0.0001	3,961,408 		
	HALLIBURTON CO COMMON STOCK USD 2.5	428,350 		
	HANCOCK WHITNEY CORP COMMON STOCK USD 3.33	154,689 		
	HANESBRANDS INC COMMON STOCK USD 0.01	2,504,057 		
	HANOVER INSURANCE GROUP INC/THE COMMON STOCK USD	127,092 		
	HARLEY-DAVIDSON INC COMMON STOCK USD 0.01	388,580 		
	HARSCO CORP COMMON STOCK USD 1.25	226,710 		
	HB FULLER CO COMMON STOCK USD 1	289,854 		
	HEALTHEQUITY INC COMMON STOCK USD 0.0001	7,026,210 		
	HEARTLAND EXPRESS INC COMMON STOCK USD 0.01	492,845 		
	HELEN OF TROY LTD COMMON STOCK USD 0.1	410,385 		
	HELMERICH & PAYNE INC COMMON STOCK USD 0.1	413,707 		
	HENRY SCHEIN INC COMMON STOCK USD 0.01	1,986,277 		
	HERON THERAPEUTICS INC COMMON STOCK USD 0.01	967,346 		
	HILLENBRAND INC COMMON STOCK USD 0	187,219 		
	HOLOGIC INC COMMON STOCK USD 0.01	1,923,659 		
	HOME BANCSHARES INC/AR COMMON STOCK USD 0.01	145,613 		
	HOME DEPOT INC/THE COMMON STOCK USD 0.05	3,819,616 		
	HOWMET AEROSPACE INC COMMON STOCK USD	264,223 		
	HUMANA INC COMMON STOCK USD 0.166	2,550,014 		
	HUNTINGTON BANCSHARES INC/OH COMMON STOCK USD 0.01	623,092 		
	HUNTSMAN CORP COMMON STOCK USD 0.01	146,038 		
	ICON PLC COMMON STOCK USD 0.06	334,196 		
	INDEPENDENT BANK GROUP INC COMMON STOCK USD 0.01	160,551 		
	INGEVITY CORP COMMON STOCK USD 0.01	302,087 		
	INGREDION INC COMMON STOCK USD 0.01	118,965 		
	INSIGHT ENTERPRISES INC COMMON STOCK USD 0.01	613,209 		
	INTEGRA LIFESCIENCES HOLDINGS CORP COMMON STOCK	506,701 		
	INTERDIGITAL INC COMMON STOCK USD 0.01	323,060 		
	INTERNATIONAL GAME TECHNOLOGY PLC COMMON STOCK USD	191,422 		
	INTERNATIONAL PAPER CO COMMON STOCK USD 1	2,045,332 		
	INTUITIVE SURGICAL INC COMMON STOCK USD 0.001	2,832,262 		
	IRHYTHM TECHNOLOGIES INC COMMON STOCK USD 0.001	3,114,093 		
	ITT INC COMMON STOCK USD 1	644,888 		
	J M SMUCKER CO/THE COMMON STOCK USD 0	470,723 		
	J2 GLOBAL INC COMMON STOCK USD 0.01	3,075,184 		
	JACOBS ENGINEERING GROUP INC COMMON STOCK USD 1	287,001 		
	JAWS ACQUISITION CORP COMMON STOCK USD 0.0001	1,718,009 		
	JAZZ PHARMACEUTICALS PLC COMMON STOCK USD 0.0001	756,754 		
	JOHN BEAN TECHNOLOGIES CORP COMMON STOCK USD 0.01	1,141,205 		
	JOHNSON & JOHNSON COMMON STOCK USD 1	505,032 		
	JONES LANG LASALLE INC COMMON STOCK USD 0.01	167,065 		
	KAR AUCTION SERVICES INC COMMON STOCK USD 0.01	347,411 		
	KBR INC COMMON STOCK USD 0.001	234,201 		
	KENNAMETAL INC COMMON STOCK USD 1.25	542,150 		
	KERING SA ADR USD	3,663,579 		
	KEYCORP COMMON STOCK USD 1	593,254 		
	KEYSIGHT TECHNOLOGIES INC COMMON STOCK USD	1,215,360 		
34

									
	KIMBERLY-CLARK CORP COMMON STOCK USD 1.25	438,549 		
	KIRBY CORP COMMON STOCK USD 0.1	1,401,276 		
	KLA CORP COMMON STOCK USD 0.001	1,218,948 		
	KODIAK SCIENCES INC COMMON STOCK USD 0.0001	1,031,161 		
	KORN FERRY COMMON STOCK USD 0.01	142,225 		
	KRAFT HEINZ CO/THE COMMON STOCK USD 0.01	475,812 		
	LABORATORY CORP OF AMERICA HOLDINGS COMMON STOCK	487,706 		
	LAKELAND FINANCIAL CORP COMMON STOCK USD 0	49,883 		
	LAM RESEARCH CORP COMMON STOCK USD 0.001	1,096,087 		
	LAMAR ADVERTISING CO REIT USD 0.001	477,017 		
	LANDSTAR SYSTEM INC COMMON STOCK USD 0.01	110,825 		
	LCI INDUSTRIES COMMON STOCK USD 0.01	380,351 		
	LEAR CORP COMMON STOCK USD 0.01	286,254 		
	LENNAR CORP COMMON STOCK USD 0.1	1,963,685 		
	LIBERTY BROADBAND CORP COMMON STOCK USD 0.01	3,639,026 		
	LINCOLN NATIONAL CORP COMMON STOCK USD 0	379,287 		
	LITHIA MOTORS INC COMMON STOCK USD 0	1,265,212 		
	LIVANOVA PLC COMMON STOCK USD 1	187,838 		
	LIVERAMP HOLDINGS INC COMMON STOCK USD 0.1	6,219,393 		
	LOGITECH INTERNATIONAL SA COMMON STOCK CHF 0.25	10,475 		
	LOWE'S COS INC COMMON STOCK USD 0.5	526,473 		
	LPL FINANCIAL HOLDINGS INC COMMON STOCK USD	1,615,931 		
	LULULEMON ATHLETICA INC COMMON STOCK USD 0.005	4,561,977 		
	LYFT INC COMMON STOCK USD 0.00001	5,739,367 		
	LYONDELLBASELL INDUSTRIES NV COMMON STOCK USD 0.04	124,933 		
	MAGNA INTERNATIONAL INC COMMON STOCK CAD 0	1,313,340 		
	MARATHON OIL CORP COMMON STOCK USD 1	159,086 		
	MARCUS CORP/THE COMMON STOCK USD 1	87,216 		
	MARKEL CORP COMMON STOCK USD 0	359,588 		
	MARRIOTT VACATIONS WORLDWIDE CORP COMMON STOCK USD	303,119 		
	MARVELL TECHNOLOGY GROUP LTD COMMON STOCK 0.002	382,848 		
	MASCO CORP COMMON STOCK USD 1	298,325 		
	MASIMO CORP COMMON STOCK USD 0.001	437,459 		
	MASTEC INC COMMON STOCK USD 0.1	183,813 		
	MASTERCARD INC COMMON STOCK USD 0.0001	5,144,219 		
	MATCH GROUP INC COMMON STOCK USD 0.001	3,826,921 		
	MATSON INC COMMON STOCK USD 0	1,748,011 		
	MAXIMUS INC COMMON STOCK USD 0	79,923 		
	MCKESSON CORP COMMON STOCK USD 0.01	446,920 		
	MEDIA GEN INC CVR	— 		
	MEDNAX INC COMMON STOCK USD 0.01	1,046,116 		
	MERCK & CO INC COMMON STOCK USD 0.5	2,407,540 		
	MERIT MEDICAL SYSTEMS INC COMMON STOCK USD 0	2,211,740 		
	MESA AIR GROUP INC COMMON STOCK USD 0	180,403 		
	METHODE ELECTRONICS INC COMMON STOCK USD 0.5	292,689 		
	METLIFE INC COMMON STOCK USD 0.01	404,991 		
	MGM GROWTH PROPERTIES LLC REIT USD	483,361 		
	MICRON TECHNOLOGY INC COMMON STOCK USD 0.1	1,265,204 		
	MICROSOFT CORP COMMON STOCK USD 0.00000625	11,777,584 		
	MIDDLEBY CORP/THE COMMON STOCK USD 0.01	1,326,200 		
	MINERALS TECHNOLOGIES INC COMMON STOCK USD 0.1	117,593 		
	MODINE MANUFACTURING CO COMMON STOCK USD 0.625	240,888 		
	MOLINA HEALTHCARE INC COMMON STOCK USD 0.001	452,158 		
	MOLSON COORS BEVERAGE CO COMMON STOCK USD 0.01	475,173 		
	MOOG INC-CLASS A	244,878 		
	MORGAN STANLEY COMMON STOCK USD 0.01	2,930,480 		
	MOSAIC CO/THE COMMON STOCK USD 0.01	322,186 		
	MR COOPER GROUP INC COMMON STOCK USD 0.01	346,357 		
	MSA SAFETY INC COMMON STOCK USD 0	401,411 		
	MURPHY USA INC COMMON STOCK USD 0.01	444,958 		
	NATIONAL ENERGY SERVICES REUNITED CORP COMMON	94,176 		
	NATIONAL GENERAL HOLDINGS CORP COMMON STOCK EUR	344,217 		
35

									
	NATIONAL OILWELL VARCO INC COMMON STOCK USD 0.01	164,664 		
	NAVIENT CORP COMMON STOCK USD 0.01	421,170 		
	NCR CORP COMMON STOCK USD 0.01	435,098 		
	NETFLIX INC COMMON STOCK USD 0.001	8,888,520 		
	NEUROCRINE BIOSCIENCES INC COMMON STOCK USD 0.001	683,027 		
	NEVRO CORP COMMON STOCK USD 0.001	4,186,597 		
	NEW RELIC INC COMMON STOCK USD 0.001	924,167 		
	NEW YORK COMMUNITY BANCORP INC COMMON STOCK USD	415,090 		
	NEW YORK TIMES CO/THE COMMON STOCK USD 0.1	4,760,252 		
	NEXSTAR MEDIA GROUP INC COMMON STOCK USD 0.01	526,733 		
	NIKE INC COMMON STOCK USD 0	6,038,647 		
	NMI HOLDINGS INC COMMON STOCK USD 0.01	419,138 		
	NOMAD FOODS LTD COMMON STOCK USD 0	244,362 		
	NORTHWESTERN CORP COMMON STOCK USD 0.01	370,677 		
	NRG ENERGY INC COMMON STOCK USD 0.01	294,843 		
	NUANCE COMMUNICATIONS INC COMMON STOCK USD 0.001	1,333,458 		
	NUCOR CORP COMMON STOCK USD 0.4	120,482 		
	NVIDIA CORP COMMON STOCK USD 0.001	9,511,351 		
	NVR INC COMMON STOCK USD 0.01	509,983 		
	NXP SEMICONDUCTORS NV COMMON STOCK USD	1,007,961 		
	OCEANFIRST FINANCIAL CORP COMMON STOCK USD 0.01	175,569 		
	OGE ENERGY CORP COMMON STOCK USD 0.01	253,829 		
	OLD SECOND BANCORP INC COMMON STOCK USD 1	47,339 		
	OMNICELL INC COMMON STOCK USD 0.001	994,846 		
	ON SEMICONDUCTOR CORP COMMON STOCK USD 0.01	3,354,400 		
	ONEMAIN HOLDINGS INC COMMON STOCK USD 0.01	621,697 		
	ONTRAK INC COMMON STOCK USD 0.0001	543,876 		
	ORACLE CORP COMMON STOCK USD 0.01	3,469,713 		
	OWENS CORNING COMMON STOCK USD 0.001	329,026 		
	OXFORD INDUSTRIES INC COMMON STOCK USD 1	155,848 		
	PACIFIC BIOSCIENCES OF CALIFORNIA INC COMMON STOCK	5,999,818 		
	PACKAGING CORP OF AMERICA COMMON STOCK USD 0.01	876,529 		
	PAPA JOHN'S INTERNATIONAL INC COMMON STOCK USD	3,895,209 		
	PARKER-HANNIFIN CORP COMMON STOCK USD 0.5	286,303 		
	PARSLEY ENERGY INC COMMON STOCK MXN 0.01	155,788 		
	PAYPAL HOLDINGS INC COMMON STOCK USD 0.0001	6,079,598 		
	PDC ENERGY INC COMMON STOCK USD 0.01	62,514 		
	PENNYMAC FINANCIAL SERVICES INC COMMON STOCK USD	138,261 		
	PERFORMANCE FOOD GROUP CO COMMON STOCK USD 0.01	322,129 		
	PERRIGO CO PLC COMMON STOCK USD 0.001	1,050,920 		
	PFIZER INC COMMON STOCK USD 0.05	2,019,176 		
	PHILIP MORRIS INTERNATIONAL INC COMMON STOCK USD 0	472,696 		
	PHOTRONICS INC COMMON STOCK USD 0.01	268,052 		
	PINNACLE FINANCIAL PARTNERS INC COMMON STOCK USD 1	1,208,981 		
	PLURALSIGHT INC COMMON STOCK EUR 0.0001	1,699,080 		
	POLARIS INC COMMON STOCK USD 0.01	631,421 		
	PORTLAND GENERAL ELECTRIC CO COMMON STOCK USD 0	754,078 		
	PPD INC COMMON STOCK USD 0.01	236,255 		
	PQ GROUP HOLDINGS INC COMMON STOCK USD	219,590 		
	PRA GROUP INC COMMON STOCK USD 0.01	208,175 		
	PRECISION BIOSCIENCES INC COMMON STOCK USD	96,802 		
	PRESTIGE CONSUMER HEALTHCARE INC COMMON STOCK USD	154,927 		
	PRINCIPAL FINANCIAL GROUP INC COMMON STOCK USD	400,700 		
	PROASSURANCE CORP COMMON STOCK USD 0.01	187,956 		
	PROG HOLDINGS INC	1,123,728 		
	PROOFPOINT INC COMMON STOCK USD 0.0001	1,711,946 		
	PROSPERITY BANCSHARES INC COMMON STOCK USD 1	348,933 		
	PROVIDENCE SVC CORP COMMON STOCK USD	510,990 		
	PRUDENTIAL FINANCIAL INC COMMON STOCK USD 0.01	401,514 		
	PUBLIC SERVICE ENTERPRISE GROUP INC COMMON STOCK	262,933 		
	PULTEGROUP INC COMMON STOCK USD 0.01	499,566 		
	QCR HOLDINGS INC COMMON STOCK USD 1	98,025 		
36

									
	QORVO INC COMMON STOCK USD 0.0001	617,194 		
	QTS REALTY TRUST INC REIT USD	772,131 		
	QUANEX BUILDING PRODUCTS CORP COMMON STOCK USD	181,062 		
	QUIDEL CORP COMMON STOCK USD 0.001	1,465,764 		
	QURATE RETAIL INC COMMON STOCK USD 0.01	678,593 		
	R1 RCM INC COMMON STOCK USD 0.01	279,905 		
	RACKSPACE TECHNOLOGY INC COMMON STOCK USD 0.01	234,095 		
	REDFIN CORP COMMON STOCK USD	2,953,080 		
	REGIONS FINANCIAL CORP COMMON STOCK USD 0.01	628,556 		
	REINSURANCE GROUP OF AMERICA INC COMMON STOCK USD	241,767 		
	RELIANCE STEEL & ALUMINUM CO COMMON STOCK USD	122,385 		
	RENAISSANCERE HOLDINGS LTD COMMON STOCK USD 1	191,356 		
	REPUBLIC SERVICES INC COMMON STOCK USD 0.01	815,875 		
	REVANCE THERAPEUTICS INC COMMON STOCK USD 0.001	792,131 		
	REXNORD CORP COMMON STOCK USD 0.01	578,607 		
	RH COMMON STOCK USD 0.0001	500,775 		
	RINGCENTRAL INC COMMON STOCK USD 0.0001	2,604,282 		
	RITCHIE BROS AUCTIONEERS INC COMMON STOCK CAD 0	2,942,313 		
	ROYAL DUTCH SHELL PLC ADR USD	154,159 		
	S&P GLOBAL INC COMMON STOCK USD 1	2,490,458 		
	S&T BANCORP INC COMMON STOCK USD 2.5	50,624 		
	SABRA HEALTH CARE REIT INC REIT USD 0.01	281,151 		
	SAILPOINT TECHNOLOGIES HOLDINGS INC COMMON STOCK	3,629,637 		
	SALESFORCE.COM INC COMMON STOCK USD 0.001	9,750,597 		
	SALLY BEAUTY HOLDINGS INC COMMON STOCK USD 0.01	2,470,611 		
	SANDY SPRING BANCORP INC COMMON STOCK USD 1	87,879 		
	SCHWEITZER-MAUDUIT INTERNATIONAL INC COMMON STOCK	407,327 		
	SCIENCE APPLICATIONS INTERNATIONAL CORP COMMON	1,046,718 		
	SCOTTS MIRACLE-GRO CO/THE COMMON STOCK USD 0.01	517,764 		
	SEAGATE TECHNOLOGY PLC COMMON STOCK 0.00001	1,106,499 		
	SEALED AIR CORP COMMON STOCK USD 0.1	278,678 		
	SENSATA TECHNOLOGIES HOLDING PLC COMMON STOCK USD	4,096,738 		
	SERVICENOW INC COMMON STOCK USD 0.001	1,382,680 		
	SERVISFIRST BANCSHARES INC COMMON STOCK USD 0.001	192,612 		
	SHOPIFY INC COMMON STOCK CAD	4,688,537 		
	SHUTTERSTOCK INC COMMON STOCK USD 0.01	1,330,537 		
	SIGNATURE BANK/NEW YORK NY COMMON STOCK USD 0.01	582,694 		
	SKECHERS USA INC COMMON STOCK USD 0.001	2,966,416 		
	SL GREEN REALTY CORP REIT USD 0.01	87,336 		
	SLM CORP COMMON STOCK USD 0.2	1,120,118 		
	SNOWFLAKE INC COMMON STOCK USD 1	1,347,343 		
	SOLARWINDS CORP COMMON STOCK USD 0.001	1,373,591 		
	SONOCO PRODUCTS CO COMMON STOCK USD 0	127,151 		
	SOTERA HEALTH CO COMMON STOCK USD 0.01	968,111 		
	SOUTH STATE CORP COMMON STOCK USD 2.5	167,375 		
	SOUTHERN FIRST BANCSHARES INC COMMON STOCK USD	132,527 		
	SOUTHERN NATIONAL BANCORP OF VIRGINIA INC COMMON	37,735 		
	SP PLUS CORP COMMON STOCK USD 0.001	147,638 		
	SPECTRUM BRANDS HOLDINGS INC	249,893 		
	SPIRIT REALTY CAPITAL INC REIT USD 0.05	160,161 		
	SPLUNK INC COMMON STOCK USD 0.001	2,695,815 		
	SPOTIFY TECHNOLOGY SA COMMON STOCK USD 0.000625	2,612,622 		
	SPRINGWORKS THERAPEUTICS INC COMMON STOCK USD	449,044 		
	SPX CORP COMMON STOCK USD 0.01	526,747 		
	SQUARE INC COMMON STOCK USD 0.000001	3,380,167 		
	SS&C TECHNOLOGIES HOLDINGS INC COMMON STOCK USD	784,318 		
	STAG INDUSTRIAL INC REIT USD 0.01	1,150,291 		
	STANDARD MOTOR PRODUCTS INC COMMON STOCK USD 2	90,307 		
	STARWOOD PROPERTY TRUST INC REIT USD 0.01	265,606 		
	STATE STREET CORP COMMON STOCK USD 1	386,291 		
	STEEL DYNAMICS INC COMMON STOCK USD 0.005	303,270 		
	STERIS PLC COMMON STOCK USD 75	2,516,523 		
37

									
	STEVEN MADDEN LTD COMMON STOCK USD 0.0001	384,847 		
	STITCH FIX INC COMMON STOCK USD 0.00002	3,769,354 		
	STOCK YARDS BANCORP INC COMMON STOCK USD 0	36,675 		
	STRIDE INC COMMON STOCK USD 0.0001	130,586 		
	SUMO LOGIC INC COMMON STOCK USD 0.0001	362,909 		
	SVB FINANCIAL GROUP COMMON STOCK USD 0.001	1,382,614 		
	SYKES ENTERPRISES INC COMMON STOCK USD 0.01	149,249 		
	SYNCHRONY FINANCIAL COMMON STOCK USD 0.001	419,366 		
	SYNEOS HEALTH INC COMMON STOCK USD 0.01	2,213,476 		
	SYNNEX CORP COMMON STOCK USD 0.001	412,412 		
	SYNOVUS FINANCIAL CORP COMMON STOCK USD 1	263,871 		
	TANDEM DIABETES CARE INC COMMON STOCK USD	5,340,571 		
	TARGET CORP COMMON STOCK USD 0.0833	475,572 		
	TCF FINANCIAL CORP COMMON STOCK USD 1	410,663 		
	TE CONNECTIVITY LTD COMMON STOCK USD 0.57	1,243,510 		
	TELADOC HEALTH INC COMMON STOCK USD 0.001	3,066,587 		
	TEMPUR SEALY INTERNATIONAL INC COMMON STOCK USD	694,656 		
	TENCENT HOLDINGS LTD ADR USD 0.00002	2,276,397 		
	TENNANT CO COMMON STOCK USD 0.375	1,507,813 		
	TEREX CORP COMMON STOCK USD 0.01	214,818 		
	TESLA INC COMMON STOCK USD 0.001	16,755,428 		
	TEXAS CAPITAL BANCSHARES INC COMMON STOCK USD 0.01	363,843 		
	TEXAS INSTRUMENTS INC COMMON STOCK USD 1	1,166,964 		
	TEXTRON INC COMMON STOCK USD 0.125	209,018 		
	TJX COS INC/THE COMMON STOCK USD 1	2,487,258 		
	T-MOBILE US INC COMMON STOCK USD 0.0001	267,138 		
	TOLL BROTHERS INC COMMON STOCK USD 0.01	586,628 		
	TOTAL SE ADR USD	145,266 		
	TRACTOR SUPPLY CO COMMON STOCK USD 0.008	519,865 		
	TRADE DESK INC/THE COMMON STOCK USD 0.000001	3,509,181 		
	TRANSDIGM GROUP INC COMMON STOCK USD 0.01	572,436 		
	TRAVEL + LEISURE CO COMMON STOCK USD	836,190 		
	TREEHOUSE FOODS INC COMMON STOCK USD 0.01	519,100 		
	TRIMBLE INC COMMON STOCK USD 0	1,667,447 		
	TRINET GROUP INC COMMON STOCK USD 0.000025	2,575,895 		
	TRISTATE CAPITAL HOLDINGS INC COMMON STOCK USD 0	201,736 		
	TTEC HOLDINGS INC COMMON STOCK USD 0.01	343,136 		
	TTM TECHNOLOGIES INC COMMON STOCK USD 0.001	231,397 		
	TWILIO INC COMMON STOCK USD 0.001	4,612,740 		
	UBER TECHNOLOGIES INC COMMON STOCK USD 0.00001	5,101,071 		
	UGI CORP COMMON STOCK USD 0	651,670 		
	ULTRA CLEAN HOLDINGS INC COMMON STOCK USD 0.001	251,692 		
	UMPQUA HOLDINGS CORP COMMON STOCK USD 0	181,377 		
	UNILEVER PLC ADR USD	466,522 		
	UNION PACIFIC CORP COMMON STOCK USD 2.5	2,104,271 		
	UNISYS CORP COMMON STOCK USD 0.01	238,541 		
	UNITED RENTALS INC COMMON STOCK USD 0.01	276,669 		
	UNITED THERAPEUTICS CORP COMMON STOCK USD 0.01	510,014 		
	UNITEDHEALTH GROUP INC COMMON STOCK USD 0.01	1,111,656 		
	UNIVERSAL CORP/VA COMMON STOCK USD 0	276,980 		
	UNIVERSAL HEALTH SERVICES INC COMMON STOCK USD	1,260,600 		
	UNUM GROUP COMMON STOCK USD 0.1	385,690 		
	UPLAND SOFTWARE INC COMMON STOCK USD 0.0001	385,981 		
	US FOODS HOLDING CORP COMMON STOCK USD 0.01	956,064 		
	VALVOLINE INC COMMON STOCK USD 0.01	676,081 		
	VARONIS SYSTEMS INC COMMON STOCK USD 0.001	4,543,941 		
	VERITEX HOLDINGS INC COMMON STOCK USD 0.01	136,229 		
	VERIZON COMMUNICATIONS INC COMMON STOCK USD 0.1	247,338 		
	VERTEX PHARMACEUTICALS INC COMMON STOCK USD 0.01	2,371,908 		
	VIATRIS INC COMMON STOCK USD	18 		
	VIKING THERAPEUTICS INC COMMON STOCK USD 0.00001	460,703 		
	VISA INC COMMON STOCK USD 0.0001	6,958,020 		
38

									
	VISTRA CORP COMMON STOCK USD 0.01	291,322 		
	VOYA FINANCIAL INC COMMON STOCK USD 0.01	397,320 		
	VROOM INC COMMON STOCK USD	1,237,499 		
	W R GRACE & CO COMMON STOCK USD 0.01	143,080 		
	WALKER & DUNLOP INC COMMON STOCK USD	590,492 		
	WALMART INC COMMON STOCK USD 0.1	1,251,569 		
	WELBILT INC COMMON STOCK USD 0.01	212,203 		
	WESCO INTERNATIONAL INC COMMON STOCK USD 0.01	837,046 		
	WESTERN DIGITAL CORP COMMON STOCK USD 0.01	158,083 		
	WESTERN UNION CO/THE COMMON STOCK USD 0.01	459,424 		
	WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP COMMON	1,365,180 		
	WESTLAKE CHEMICAL CORP COMMON STOCK USD 0.01	124,603 		
	WESTROCK CO COMMON STOCK USD 0.01	297,092 		
	WHIRLPOOL CORP COMMON STOCK USD 1	1,627,478 		
	WHITE MOUNTAINS INSURANCE GROUP LTD COMMON STOCK	307,203 		
	WILLIAMS-SONOMA INC COMMON STOCK USD 0.01	475,898 		
	WISDOMTREE INVESTMENTS INC COMMON STOCK USD 0.01	1,087,264 		
	WIX.COM LTD COMMON STOCK USD 0.01	4,156,085 		
	WOODWARD INC COMMON STOCK USD 0.00292	818,869 		
	WORKDAY INC COMMON STOCK USD 0.001	3,827,291 		
	WORLD FUEL SERVICES CORP COMMON STOCK USD 0.01	476,567 		
	WSFS FINANCIAL CORP COMMON STOCK USD 0.01	226,644 		
	WYNDHAM HOTELS & RESORTS INC COMMON STOCK USD 0.01	2,838,141 		
	YELP INC COMMON STOCK USD 0.000001	263,582 		
	ZIMMER BIOMET HOLDINGS INC COMMON STOCK USD 0.01	1,201,150 		
	TOTAL CORPORATE STOCKS	$	682,098,487 		
			
	REGISTERED INVESTMENT COMPANIES		
	DODGE & COX INTERNATIONAL STOCK FUND OPEN-END FUND	$	61,584,299 		
(a)	JPMORGAN US GOVT MMKT FUND CAPITAL SHARES - FUND	13,081,200 		
	TOTAL REGISTERED INVESTMENT COMPANIES	$	74,665,499 		
			
	SELF DIRECTED BROKERAGE		
(a)	VARIOUS STOCKS, MUTUAL FUNDS, AND MONEYMARKET FUND	$	95,088,425 		
	TOTAL SELF DIRECTED BROKERAGE	$	95,088,425 		
			
(a)	PARTICIPANT LOANS (INTEREST RATE ranging from 4.25% through 10.5% maturing through May 2048)	$	63,362,301 		
			
	NET ASSETS PENDING SETTLEMENT	$	3,208,661 		
			
	TOTAL NET ASSETS	$	4,682,160,248 		

			
(a)	Party-in-interest to the Plan.		
			
Note: Historical Cost is not required as all investments are participant-directed.		
39

AEP RETIREMENT SAVINGS 401(K) PLAN
EXHIBIT INDEX

Exhibit Number		Description	
			
23.1		Consent of BDO USA, LLP	
23.2		Consent of PricewaterhouseCoopers LLP	
40

Exhibit 23.1

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

AEP Retirement Savings 401(K) Plan
Columbus, Ohio

We hereby consent to the incorporation by reference in the Registration Statement on Form S-8 (No. 333-178044) of American Electric Power Company, Inc. of our report dated June 29, 2021, relating to the financial statements and supplemental schedule of AEP Retirement Savings 401(K) Plan which appear in this Form 11-K for the year ended December 31, 2020.

/s/ BDO USA, LLP
Columbus, Ohio

June 29, 2021

Exhibit 23.2

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (No. 333-178044) of American Electric Power Company, Inc. of our report dated June 26, 2020 relating to the financial statements of AEP Retirement Savings 401(k) Plan, which appears in this Form 11-K.

/s/ PricewaterhouseCoopers LLP
Columbus, Ohio
June 29, 2021