Unfortunately this is a limitation of the search indexing of Outlook. When you locate the name or names of the items you are looking for all you receive is the email and the folder it is located in. This will not show you the folder that folder is located in and so on...

A work around was to use the Advanced find in the searching tools section. You can choose each folder separately to locate the message(s).

If anyone knows of a simpler solution please share.

Best Regards,