NPORT-EX 2 aclq_gblsmcap.htm PART F Document

American Century Investments®
Quarterly Portfolio Holdings
Global Small Cap Fund
August 31, 2020



Global Small Cap - Schedule of Investments
AUGUST 31, 2020 (UNAUDITED)
Shares/
Principal Amount ($)
Value ($)
COMMON STOCKS — 101.4%
Australia — 3.6%
Breville Group Ltd.16,438 325,572 
NEXTDC Ltd.(1)
43,283 387,344 
Saracen Mineral Holdings Ltd.(1)
107,752 414,348 
Seven Group Holdings Ltd.(2)
27,658 382,898 
1,510,162 
Belgium — 0.7%
Melexis NV3,669 294,380 
Brazil — 2.0%
Grupo SBF SA(1)
47,100 261,184 
Locaweb Servicos de Internet SA(1)
32,700 366,782 
TOTVS SA39,200 205,785 
833,751 
Canada — 6.9%
BRP, Inc.5,645 306,583 
ECN Capital Corp.81,891 323,332 
FirstService Corp.3,834 479,739 
Innergex Renewable Energy, Inc.14,930 257,771 
Jamieson Wellness, Inc.8,244 238,721 
Kinaxis, Inc.(1)
1,830 279,098 
Parex Resources, Inc.(1)
31,661 433,280 
Real Matters, Inc.(1)
7,389 149,893 
TFI International, Inc.10,200 450,901 
2,919,318 
China — 3.7%
A-Living Services Co. Ltd., H Shares80,000 411,703 
China Yongda Automobiles Services Holdings Ltd.369,000 442,019 
Times China Holdings Ltd.282,000 432,359 
Times Neighborhood Holdings Ltd.203,000 289,855 
1,575,936 
Denmark — 0.9%
Pandora A/S5,579 405,970 
Finland — 1.6%
Huhtamaki Oyj(1)
6,253 302,336 
Metso Outotec Oyj51,502 381,626 
683,962 
France — 1.7%
SOITEC(1)
2,671 356,047 
Solutions 30 SE(1)
21,319 366,193 
722,240 
Germany — 2.3%
Flatex AG(1)
10,079 489,080 
HelloFresh SE(1)
4,188 215,259 
Hypoport SE(1)
441 264,036 
968,375 
Israel — 2.1%
Kornit Digital Ltd.(1)
7,121 441,003 
Nova Measuring Instruments Ltd.(1)
8,336 442,475 
883,478 



Japan — 4.6%
Anritsu Corp.13,700 298,836 
Kobe Bussan Co. Ltd.5,000 294,587 
Menicon Co. Ltd.5,900 360,871 
Nippon Gas Co. Ltd.5,300 205,931 
SHIFT, Inc.(1)
2,800 324,298 
Zeon Corp.45,100 470,734 
1,955,257 
Netherlands — 1.4%
ASM International NV2,031 305,321 
Basic-Fit NV(1)
8,857 249,144 
IMCD NV459 48,982 
603,447 
Norway — 0.5%
Bakkafrost P/F(1)
3,241 202,722 
South Korea — 0.6%
SK Materials Co. Ltd.1,244 258,290 
Sweden — 7.8%
AF POYRY AB(1)
10,449 291,357 
Beijer Ref AB8,050 320,066 
Biotage AB(1)
12,468 242,827 
Lifco AB, B Shares4,457 354,355 
Lindab International AB28,453 456,754 
MIPS AB6,860 274,794 
Samhallsbyggnadsbolaget i Norden AB(2)
203,548 565,983 
Sinch AB(1)
3,660 371,270 
Stillfront Group AB(1)
4,131 444,432 
3,321,838 
Switzerland — 1.1%
SIG Combibloc Group AG(1)
11,928 234,259 
Tecan Group AG494 223,181 
457,440 
Taiwan — 2.1%
Accton Technology Corp.19,000 151,289 
Airtac International Group23,000 506,048 
Alchip Technologies Ltd.13,000 232,591 
889,928 
United Kingdom — 4.2%
ASOS plc(1)
2,758 182,067 
Avast plc40,380 289,322 
boohoo Group plc(1)
120,875 467,480 
Electrocomponents plc29,387 266,732 
Fevertree Drinks plc8,715 239,403 
Games Workshop Group plc2,917 359,212 
1,804,216 
United States — 53.6%
10X Genomics, Inc., Class A(1)
2,101 240,817 
AAR Corp.10,387 209,610 
Applied Industrial Technologies, Inc.6,309 379,865 
ArcBest Corp.12,815 433,403 
Ares Management Corp., Class A8,168 330,396 
Avalara, Inc.(1)
1,970 260,848 
Brinker International, Inc.10,444 470,398 
Brunswick Corp.7,376 456,501 



Builders FirstSource, Inc.(1)
8,913 272,916 
Callaway Golf Co.22,943 478,591 
Cannae Holdings, Inc.(1)
12,618 476,077 
Chegg, Inc.(1)
3,639 268,340 
Chemed Corp.530 274,068 
Clean Harbors, Inc.(1)
6,337 387,191 
Crocs, Inc.(1)
14,107 563,010 
Deckers Outdoor Corp.(1)
1,776 362,073 
Diamondback Energy, Inc.5,400 210,384 
eHealth, Inc.(1)
1,091 68,864 
elf Beauty, Inc.(1)
5,289 103,294 
Entegris, Inc.2,926 195,720 
Envestnet, Inc.(1)
3,777 313,453 
Essent Group Ltd.6,491 231,729 
Etsy, Inc.(1)
2,387 285,724 
Euronet Worldwide, Inc.(1)
1,808 186,911 
Everbridge, Inc.(1)
1,605 238,519 
Five9, Inc.(1)
1,905 242,773 
Freshpet, Inc.(1)
2,318 263,325 
Global Medical REIT, Inc.37,602 480,930 
H.B. Fuller Co.9,030 434,975 
Hamilton Lane, Inc., Class A4,432 324,024 
Hannon Armstrong Sustainable Infrastructure Capital, Inc.17,147 728,062 
HealthEquity, Inc.(1)
3,071 176,521 
Helen of Troy Ltd.(1)
1,413 292,237 
IAA, Inc.(1)
7,890 412,805 
Inphi Corp.(1)
2,804 319,600 
Kinsale Capital Group, Inc.1,731 358,715 
Lattice Semiconductor Corp.(1)
9,154 261,804 
Lemonade, Inc.(1)
3,652 214,372 
Masonite International Corp.(1)
4,792 437,462 
Model N, Inc.(1)
3,956 155,550 
Monolithic Power Systems, Inc.794 212,101 
Natera, Inc.(1)
6,553 417,492 
National Vision Holdings, Inc.(1)
9,983 375,061 
Navistar International Corp.(1)
13,875 443,722 
nCino, Inc.(1)
6,338 589,117 
NeoGenomics, Inc.(1)
9,754 379,918 
Option Care Health, Inc.(1)
11,331 131,666 
Palomar Holdings, Inc.(1)
2,175 244,361 
Pennant Group, Inc. (The)(1)
8,396 310,988 
Phreesia, Inc.(1)
7,276 229,485 
Planet Fitness, Inc., Class A(1)
5,345 324,923 
Progyny, Inc.(1)
7,382 210,756 
R1 RCM, Inc.(1)
29,871 433,129 
RadNet, Inc.(1)
23,735 342,259 
Repay Holdings Corp.(1)
11,596 293,379 
Rexford Industrial Realty, Inc.5,666 271,855 
RH(1)
1,335 441,284 
SailPoint Technologies Holdings, Inc.(1)
6,415 251,660 
SeaSpine Holdings Corp.(1)
14,988 199,490 
SI-BONE, Inc.(1)
11,592 252,937 
Silk Road Medical, Inc.(1)
5,177 315,693 
SiteOne Landscape Supply, Inc.(1)
2,517 314,751 



SiTime Corp.(1)
5,087 335,132 
Skyline Champion Corp.(1)
11,307 322,702 
SYNNEX Corp.3,029 385,137 
Tandem Diabetes Care, Inc.(1)
2,821 317,983 
TCF Financial Corp.8,404 225,900 
TopBuild Corp.(1)
2,304 354,355 
Vertex, Inc., Class A(1)
7,363 188,566 
Visteon Corp.(1)
1,293 97,531 
Vroom, Inc.(1)
3,281 225,175 
Wintrust Financial Corp.5,813 252,982 
Wyndham Destinations, Inc.6,011 174,259 
Wyndham Hotels & Resorts, Inc.2,045 107,076 
22,774,682 
TOTAL COMMON STOCKS
(Cost $31,272,077)
43,065,392 
EXCHANGE-TRADED FUNDS — 0.6%
Schwab International Small-Cap Equity ETF(2)
1,946 64,160 
Schwab US Small-Cap ETF2,440 173,703 
TOTAL EXCHANGE-TRADED FUNDS
(Cost $233,079)
237,863 
TEMPORARY CASH INVESTMENTS — 0.3%
Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations,
0.125% - 2.375%, 6/30/22 - 4/30/26, valued at $115,551), in a joint trading account at 0.05%, dated 8/31/20, due 9/1/20 (Delivery value $113,250)
113,250 
State Street Institutional U.S. Government Money Market Fund, Premier Class151 151 
TOTAL TEMPORARY CASH INVESTMENTS
(Cost $113,401)
113,401 
TOTAL INVESTMENT SECURITIES — 102.3%
(Cost $31,618,557)
43,416,656 
OTHER ASSETS AND LIABILITIES — (2.3)%(956,213)
TOTAL NET ASSETS — 100.0%$42,460,443 

MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Information Technology21.7%
Consumer Discretionary21.2%
Industrials18.6%
Health Care11.9%
Financials10.8%
Real Estate5.4%
Materials5.0%
Consumer Staples3.2%
Energy1.5%
Utilities1.1%
Communication Services1.0%
Exchange-Traded Funds0.6%
Cash and Equivalents*(2.0)%
*Includes temporary cash investments and other assets and liabilities.

NOTES TO SCHEDULE OF INVESTMENTS
(1)Non-income producing.
(2)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $994,050. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers. At period end the aggregate value of the collateral held by the fund was $1,232,575, all of which is securities collateral.



SUPPLEMENTARY NOTES TO SCHEDULE OF INVESTMENTS
1. Investment Valuations

The fund determines the fair value of its investments and computes its net asset value 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 Board of Directors has adopted valuation policies and procedures to guide the investment advisor in the fund’s investment valuation process and to provide methodologies for the oversight of the fund’s pricing function.
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. Equity securities initially expressed in local currencies are translated into U.S. dollars at the mean of the appropriate currency exchange rate at the close of the NYSE as provided by an independent pricing service.
Open-end management investment companies are valued at the reported net asset value per share. Repurchase agreements are valued at cost, which approximates fair value.
If the fund determines that the market price for an investment is not readily available or the valuation methods mentioned above do not reflect an investment’s fair value, such investment is valued as determined in good faith by the Board of Directors or its delegate, in accordance with policies and procedures adopted by the Board of Directors. In its determination of fair value, the fund may review several factors including, but not limited to, market information regarding the specific investment or comparable investments and correlation with other investment types, futures indices or general market indicators. Circumstances that may cause the fund to use these procedures to value an investment include, but are not limited to: an investment has been declared in default or is distressed; trading in a security has been suspended during the trading day or a security is not actively trading on its principal exchange; prices received from a regular pricing source are deemed unreliable; or there is a foreign market holiday and no trading occurred.
The fund monitors for significant events occurring after the close of an investment’s primary exchange but before the fund’s net asset value per share is determined. Significant events may include, but are not limited to: corporate announcements and transactions; 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 fund also monitors for significant fluctuations between domestic and foreign markets, as evidenced by the U.S. market or such other indicators that the Board of Directors, or its delegate, deems appropriate. The fund 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
Australia— 1,510,162 — 
Belgium— 294,380 — 
Brazil— 833,751 — 
Canada— 2,919,318 — 
China— 1,575,936 — 
Denmark— 405,970 — 
Finland— 683,962 — 
France— 722,240 — 
Germany— 968,375 — 
Japan— 1,955,257 — 
Netherlands— 603,447 — 
Norway— 202,722 — 
South Korea— 258,290 — 
Sweden— 3,321,838 — 
Switzerland— 457,440 — 
Taiwan— 889,928 — 
United Kingdom— 1,804,216 — 
Other Countries23,658,160 — — 
Exchange-Traded Funds237,863 — — 
Temporary Cash Investments151 113,250 — 
23,896,174 19,520,482 — 
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 shareholder report.