0001145549-20-010209.txt : 20200227 0001145549-20-010209.hdr.sgml : 20200227 20200227145358 ACCESSION NUMBER: 0001145549-20-010209 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200227 DATE AS OF CHANGE: 20200227 EFFECTIVENESS DATE: 20200227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN CENTURY VARIABLE PORTFOLIOS II INC CENTRAL INDEX KEY: 0001124155 IRS NUMBER: 431901969 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-10155 FILM NUMBER: 20661167 BUSINESS ADDRESS: STREET 1: 4500 MAIN STREET CITY: KANSAS CITY STATE: MO ZIP: 64111 BUSINESS PHONE: 816-531-5575 MAIL ADDRESS: STREET 1: 4500 MAIN STREET CITY: KANSAS CITY STATE: MO ZIP: 64111 0001124155 S000006680 VP INFLATION PROTECTION FUND C000018205 CLASS I APTIX C000018206 CLASS II AIPTX N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0001124155 XXXXXXXX false false false N-1A S000006680 C000018205 C000018206 AMERICAN CENTURY VARIABLE PORTFOLIOS II INC 811-10155 0001124155 549300UXH4EGO0JMZQ52 4500 Main Street Kansas City 64111 US-MO US 8165315575 State Street Bank and Trust Company State Street Financial Center One Lincoln Street Boston 02111 6177863000 Records relating to custody of fund assets and fund accounting JPMorgan Chase Bank 4 Metro Tech Center Brooklyn 11245 2122706000 Records relating to custody of fund assets and fund accounting American Century Investment Management, Inc. 4500 Main Street Kansas City 64111 8165315575 Records related to day-to-day portfolio management; sales literature American Century Investment Management, Inc. 1665 Charleston Road Mountain View 94043 8165315575 Records related to day-to-day portfolio management; sales literature American Century Services, LLC 4500 Main Street Kansas City 64111 8165315575 Corporate, governance, financial, and legal records; sales literature N N N-1A 1 Y Tanya S. Beder N/A N Jeremy I. Bulow N/A N Anne Casscells N/A N Frederick L.A. Grauer N/A N Jonathan D. Levin N/A N Peter F. Pervere N/A N John B. Shoven N/A N Ronald J. Gilson N/A N Jonathan S. Thomas N/A Y Amy D. Shelton 002556023 4500 Main Street Kansas City 64111 XXXXXX N N N N N N American Century Investment Services, Inc. 8-35220 000017437 N/A Y N PricewaterhouseCoopers LLP 00238 5493002GVO7EO8RNNS37 N N N 2019-04-04 Broad Market Fair Value for Securities Traded on Non-US Exchanges threshold moved to zero Equity-common Equity securities traded primarily on non-US exchanges N/A N N N VP Inflation Protection Fund S000006680 6RL1SDP2NPKUIT20MO45 N 2 0 0 Underlying fund N N Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) N N N N American Century Investment Management, Inc. 801-08174 000105778 EM2U0UPRO83F878KCP52 N American Century Services, LLC 84-01406 N/A Y N N ICE Data Pricing and Reference Data, LLC 5493000NQ9LYLDBCTL34 N IHS MARKIT GROUP HOLDINGS LIMITED 2138005LTLTVZ4WMEX25 GB N Refinitiv N/A N Virtu ITG LLC N/A N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N Interactive Data Real Time Services, Inc. N/A N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) DEUTSCHE BANK AG N/A BE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) EUROCLEAR BANK N/A BE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Trust Company Canada N/A CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company N/A IE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STATE STREET BK LONDON - CREST N/A GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company N/A GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) STANDARD CHARTERED BANK (HONG KONG) N/A HU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) HONGKONG AND SHANGHAI BANKING CORP N/A JP N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N American Century Services, LLC 84-01406 SEC file number Y N N American Century Services, LLC 84-01406 SEC file number Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N Y N American Century Investment Services, Inc. 8-35220 000017437 N/A 0.000000000000 Bank of America Merrill Lynch 008-07221 000007691 549300HN4UKV1E2R3U73 19302.750000000000 19302.750000000000 J.P. Morgan Securities 008-35008 000000079 ZBUT11V806EZRVTWT807 2612689709.000000000000 Credit Suisse First Boston Corp 008-00422 000000816 1V8Y6QCX6YMJ2OELII46 89683230.000000000000 Credit Lyonnais 008-13753 000000190 549300WO2DKF0Q3YMV43 2282397692.000000000000 BNP Paribas Securities 008-32682 000015794 RCNB6OTYUAMMP879YW96 1670951050.000000000000 Citigroup Capital Markets Inc 008-08177 000007059 MBNUM2BPBDO7JBLYG310 533023593.000000000000 Bank of America Merrill Lynch 008-07221 000007691 549300HN4UKV1E2R3U73 510126524.000000000000 RBC Capital Markets 008-45411 000031194 549300LCO2FLSSVFFR64 213098401.000000000000 Goldman Sachs 008-00129 000000361 FOR8UP27PHTHYVLBNG30 205472769.000000000000 Wells Fargo Securities 008-65876 000126292 VYVVCKR63DVZZN70PB21 156507597.000000000000 BNY Mellon Capital Markets, LLC 008-35255 000017454 VJW2DOOHGDT6PR0ZRO63 153894920.000000000000 8741079062.570000000000 N 617594990.825385000000 N N N N true INTERNAL CONTROL RPT 2 aciacvpiiinternalctrlrpt_1.htm INTERNAL CONTROL REPORT - 12.31 Document



Report of Independent Registered Public Accounting Firm

To the Board of Directors of American Century Variable Portfolios II, Inc. and Shareholders of VP Inflation Protection Fund:

In planning and performing our audit of the financial statements of VP Inflation Protection Fund (the "Fund") as of and for the year ended December 31, 2019, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (“PCAOB”), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund’s internal control over financial reporting.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A fund’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and directors of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the fund’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of December 31, 2019.

This report is intended solely for the information and use of the Board of Directors of American Century Variable Portfolios II, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.



/s/ PricewaterhouseCoopers LLP
Kansas City, Missouri
February 13, 2020


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