NPORT-EX 2 acd0_q1holdings102.htm PART F Document

American Century Investments®
Quarterly Portfolio Holdings
Focused Global Growth Fund
February 28, 2026



Focused Global Growth Fund - Schedule of Investments
FEBRUARY 28, 2026 (UNAUDITED)
 
Shares
Value ($)
COMMON STOCKS — 99.4%
 
 
Brazil — 1.4%
 
 
Itau Unibanco Holding SA, ADR
908,000 8,217,400 
Canada — 2.9%
 
 
Aritzia, Inc.(1)
87,930 7,785,774 
TC Energy Corp.
142,131 9,132,937 
 
 
16,918,711 
China — 1.0%
 
 
Tencent Holdings Ltd.
89,500 5,888,547 
France — 5.4%
 
 
Airbus SE
31,840 6,914,148 
Schneider Electric SE
26,340 8,608,170 
Societe Generale SA
174,920 15,158,671 
 
 
30,680,989 
Hong Kong — 5.3%
 
 
AIA Group Ltd.
1,336,400 14,742,528 
Techtronic Industries Co. Ltd.
955,000 15,466,873 
 
 
30,209,401 
Japan — 6.9%
 
 
FANUC Corp.
327,600 14,833,764 
Mitsubishi Heavy Industries Ltd.
357,800 11,405,907 
Sumitomo Mitsui Financial Group, Inc.
351,900 13,279,149 
 
 
39,518,820 
Netherlands — 2.9%
 
 
ASML Holding NV, NY Shares
11,440 16,594,406 
Taiwan — 4.6%
 
 
Taiwan Semiconductor Manufacturing Co. Ltd., ADR
70,470 26,396,653 
United Kingdom — 8.5%
 
 
Anglo American PLC
138,430 6,906,628 
BAE Systems PLC
464,380 13,260,622 
Barclays PLC, ADR
581,780 14,125,618 
Lloyds Banking Group PLC
10,438,740 14,259,492 
 
 
48,552,360 
United States — 60.5%
 
 
AbbVie, Inc.
68,080 15,800,006 
Alphabet, Inc., Class A
114,770 35,780,695 
Amazon.com, Inc.(1)
42,940 9,017,400 
AMETEK, Inc.
38,210 9,140,596 
Boston Scientific Corp.(1)
150,830 11,591,286 
Broadcom, Inc.
48,070 15,360,768 
CenterPoint Energy, Inc.
326,310 14,194,485 
Curtiss-Wright Corp.
19,600 13,726,468 
Dominion Energy, Inc.
223,320 14,100,425 
Eli Lilly & Co.
17,370 18,273,066 
Fabrinet(1)
10,520 5,740,028 
Howmet Aerospace, Inc.
64,500 16,933,185 
Mastercard, Inc., Class A
29,427 15,219,939 
Meta Platforms, Inc., Class A
10,200 6,611,436 
Microsoft Corp.
49,850 19,578,089 
Nasdaq, Inc.
134,490 11,778,634 
NVIDIA Corp.
180,910 32,055,443 



Palo Alto Networks, Inc.(1)
27,440 4,086,365 
Sherwin-Williams Co.
17,320 6,280,059 
Stryker Corp.
40,210 15,579,767 
TE Connectivity PLC
54,110 12,453,416 
TKO Group Holdings, Inc.
62,170 13,917,998 
Wells Fargo & Co.
165,640 13,491,378 
Williams Cos., Inc.
150,400 11,237,888 
Wingstop, Inc.
18,090 4,694,536 
 
 
346,643,356 
TOTAL COMMON STOCKS
(Cost $445,348,713)
 
569,620,643 
TOTAL INVESTMENT SECURITIES — 99.4%
(Cost $445,348,713)
 
569,620,643 
OTHER ASSETS AND LIABILITIES — 0.6%
 
3,625,938 
TOTAL NET ASSETS — 100.0%
 
$573,246,581 

MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Information Technology23.1%
Financials21.0%
Industrials19.2%
Communication Services10.9%
Health Care10.7%
Utilities4.9%
Consumer Discretionary3.7%
Energy3.6%
Materials2.3%
Other Assets and Liabilities0.6%

NOTES TO SCHEDULE OF INVESTMENTS
ADR–American Depositary Receipt
(1)Non-income producing.



SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS 

1. Investment Valuations

The fund determines the fair value of its investments and computes its net asset value (NAV) per share at the close of regular trading (usually 4 p.m. Eastern time) on the New York Stock Exchange (NYSE) on each day the NYSE is open. The value of investments of the fund is determined by American Century Investment Management, Inc. (ACIM) (the investment advisor), as the valuation designee, pursuant to its valuation policies and procedures. The Board of Directors oversees the valuation designee and reviews its valuation policies and procedures at least annually.

Equity securities that are listed or traded on a domestic securities exchange are valued at the last reported sales price or at the official closing price as provided by the exchange. Equity securities traded on foreign securities exchanges are generally valued at the closing price of such securities on the exchange where primarily traded or at the close of the NYSE, if that is earlier. If no last sales price is reported, or if local convention or regulation so provides, the mean of the latest bid and asked prices may be used. Securities traded over-the-counter are valued at the mean of the latest bid and asked prices, the last sales price, or the official closing price.

Open-end management investment companies are valued at the reported NAV per share. Repurchase agreements are valued at cost, which approximates fair value.

If the valuation designee determines that the market price for a portfolio security is not readily available or is believed by the valuation designee to be unreliable, such security is valued at fair value as determined in good faith by the valuation designee, in accordance with its policies and procedures. Circumstances that may cause a fund to determine that market quotations are not available or reliable include, but are not limited to: when there is a significant event subsequent to the market quotation; trading in a security has been halted during the trading day; or trading in a security is insufficient or did not take place due to a closure or holiday.

The valuation designee monitors for significant events occurring after the close of an investment’s primary exchange but before the NAV per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; regulatory news, governmental action and political unrest that could impact a specific investment or an investment sector; or armed conflicts, natural disasters and similar events that could affect investments in a specific country or region. The valuation designee also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that it deems appropriate. The valuation designee may apply a model-derived factor to the closing price of equity securities traded on foreign securities exchanges. The factor is based on observable market data as provided by an independent pricing service.

2. Fair Value Measurements

The fund's investments valuation process is based on several considerations and may use multiple inputs to determine the fair value of the investments held by the fund. In conformity with accounting principles generally accepted in the United States of America, the inputs used to determine a valuation are classified into three broad levels. 

•Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments.

•Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars. 

•Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions).

The level classification is based on the lowest level input that is significant to the fair valuation measurement. The valuation inputs are not necessarily an indication of the risks associated with investing in these securities or other financial instruments.

The following is a summary of the level classifications as of period end. The Schedule of Investments provides additional information on the fund's portfolio holdings.
 
Level 1
Level 2
Level 3
Assets
 
 
 
Investment Securities
 
 
 
Common Stocks
 
 
 
Canada
$— $16,918,711 — 
China
— 5,888,547 — 
France
— 30,680,989 — 
Hong Kong
— 30,209,401 — 
Japan
— 39,518,820 — 
United Kingdom
14,125,618 34,426,742 — 
Other Countries
397,851,815 — — 
 
$411,977,433 $157,643,210 — 
This schedule of investments provides information about the fund’s portfolio holdings as of the date on the schedule. It is unaudited, and American Century Investments assumes no obligation to update or supplement the schedule to reflect subsequent changes. More information is available in the fund’s most recent annual or semiannual financial statements.