NPORT-EX 2 acd6_ntintlgrowth.htm PART F Document

American Century Investments®
Quarterly Portfolio Holdings
NT International Growth Fund
February 28, 2022



NT International Growth - Schedule of Investments
FEBRUARY 28, 2022 (UNAUDITED)
Shares/
Principal Amount ($)
Value ($)
COMMON STOCKS — 97.9%
Australia — 4.3%
Atlassian Corp. plc, Class A(1)
67,900 20,758,388 
CSL Ltd.142,600 27,111,686 
NEXTDC Ltd.(1)
852,641 6,669,765 
Xero Ltd.(1)
75,370 5,182,290 
59,722,129 
Austria — 1.1%
Erste Group Bank AG439,980 15,639,889 
Belgium — 1.4%
KBC Group NV281,250 20,263,199 
Canada — 5.8%
Canadian Pacific Railway Ltd.281,910 19,850,467 
First Quantum Minerals Ltd.361,020 10,587,072 
GFL Environmental, Inc.458,098 13,399,366 
Shopify, Inc., Class A(1)
16,010 11,114,414 
Toronto-Dominion Bank (The)316,340 25,526,829 
80,478,148 
China — 1.3%
Li Ning Co. Ltd.1,167,500 11,661,164 
Shenzhou International Group Holdings Ltd.388,100 6,518,764 
18,179,928 
Denmark — 2.9%
Novo Nordisk A/S, B Shares323,980 33,526,553 
Pandora A/S66,350 6,794,061 
40,320,614 
Finland — 0.6%
Neste Oyj205,780 8,024,313 
France — 18.7%
Air Liquide SA117,250 19,475,822 
Airbus SE(1)
107,060 13,669,320 
Arkema SA54,800 7,267,423 
Bureau Veritas SA303,390 8,674,778 
Capgemini SE118,540 24,813,922 
Dassault Systemes SE317,600 15,319,837 
Edenred248,956 11,328,709 
EssilorLuxottica SA55,160 9,629,293 
L'Oreal SA52,110 20,600,345 
LVMH Moet Hennessy Louis Vuitton SE54,130 39,780,405 
Pernod Ricard SA137,620 30,042,475 
Safran SA104,160 13,243,645 
Sartorius Stedim Biotech15,940 6,112,519 
Schneider Electric SE169,620 26,280,260 
Teleperformance40,560 15,050,278 
261,289,031 
Germany — 5.7%
Brenntag SE95,820 8,032,828 
Commerzbank AG(1)
1,192,980 9,969,871 
Infineon Technologies AG441,072 14,924,069 
Mercedes-Benz Group AG213,260 16,659,760 



Puma SE141,040 12,933,989 
Symrise AG140,240 16,681,063 
79,201,580 
Hong Kong — 1.5%
AIA Group Ltd.2,038,800 21,170,583 
India — 1.1%
HDFC Bank Ltd.837,100 15,890,467 
Indonesia — 0.6%
Bank Central Asia Tbk PT15,949,400 9,004,484 
Ireland — 4.2%
CRH plc482,450 21,931,321 
ICON plc(1)
77,960 18,555,260 
Ryanair Holdings plc, ADR(1)
181,690 18,116,310 
58,602,891 
Israel — 0.9%
Kornit Digital Ltd.(1)
135,788 12,876,776 
Italy — 2.0%
Ferrari NV78,890 16,952,541 
Prysmian SpA344,730 11,348,292 
28,300,833 
Japan — 11.8%
BayCurrent Consulting, Inc.32,100 12,836,578 
Food & Life Cos. Ltd.310,100 10,322,307 
Hoya Corp.126,300 16,452,931 
JSR Corp.275,300 8,660,337 
Keyence Corp.58,500 27,670,537 
Kobe Bussan Co. Ltd.390,500 12,929,378 
MonotaRO Co. Ltd.1,084,400 20,411,657 
Obic Co. Ltd.78,500 12,625,469 
Recruit Holdings Co. Ltd.341,400 14,410,559 
Sony Group Corp.282,200 28,832,992 
165,152,745 
Netherlands — 6.7%
Adyen NV(1)
11,014 22,956,175 
Akzo Nobel NV101,300 9,637,895 
ASML Holding NV52,920 35,404,738 
Koninklijke DSM NV65,396 12,279,017 
Universal Music Group NV582,900 13,309,080 
93,586,905 
Spain — 2.2%
Cellnex Telecom SA273,942 12,391,002 
Iberdrola SA1,678,308 19,041,386 
31,432,388 
Sweden — 1.9%
Epiroc AB, A Shares642,240 12,068,109 
Hexagon AB, B Shares1,075,620 14,531,275 
26,599,384 
Switzerland — 7.5%
Lonza Group AG(1)
36,040 24,936,142 
On Holding AG, Class A(1)(2)
248,860 6,059,741 
Partners Group Holding AG16,240 21,953,046 
SIG Combibloc Group AG477,830 10,723,291 
Sika AG62,696 20,804,706 
Zurich Insurance Group AG43,590 20,007,637 
104,484,563 



Taiwan — 0.9%
Taiwan Semiconductor Manufacturing Co. Ltd.616,000 13,243,727 
Thailand — 0.5%
Kasikornbank PCL1,351,200 6,781,428 
United Kingdom — 14.3%
Ashtead Group plc177,920 11,561,574 
AstraZeneca plc354,140 43,044,417 
BT Group plc2,177,620 5,433,364 
Burberry Group plc507,870 13,167,132 
Compass Group plc244,990 5,537,522 
HSBC Holdings plc4,648,400 32,039,124 
London Stock Exchange Group plc138,500 12,098,897 
Natwest Group plc6,618,420 20,279,897 
Reckitt Benckiser Group plc313,927 26,582,428 
Segro plc784,660 13,646,058 
Whitbread plc(1)
418,220 16,325,346 
199,715,759 
TOTAL COMMON STOCKS
(Cost $1,171,285,879)
1,369,961,764 
SHORT-TERM INVESTMENTS — 1.7%
Money Market Funds
State Street Institutional U.S. Government Money Market Fund, Premier Class117,270 117,270 
State Street Navigator Securities Lending Government Money Market Portfolio(3)
32,500 32,500 
149,770 
Repurchase Agreements — 1.7%
BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.25% - 2.75%, 9/30/25 - 11/15/42, valued at $6,513,278) in a joint trading account at 0.03%, dated 2/28/22, due 3/1/22 (Delivery value $6,366,197)6,366,192 
Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 1.75%, 8/15/41, valued at $17,316,543) at 0.02%, dated 2/28/22, due 3/1/22 (Delivery value $16,977,009)16,977,000 
23,343,192 
TOTAL SHORT-TERM INVESTMENTS
(Cost $23,492,962)
23,492,962 
TOTAL INVESTMENT SECURITIES — 99.6%
(Cost $1,194,778,841)
1,393,454,726 
OTHER ASSETS AND LIABILITIES — 0.4%
5,860,843 
TOTAL NET ASSETS — 100.0%
$1,399,315,569 

MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Information Technology16.9%
Industrials16.6%
Financials16.3%
Consumer Discretionary14.3%
Health Care12.1%
Materials10.0%
Consumer Staples6.5%
Communication Services2.3%
Utilities1.3%
Real Estate1.0%
Energy0.6%
Short-Term Investments1.7%
Other Assets and Liabilities0.4%




NOTES TO SCHEDULE OF INVESTMENTS
ADR-American Depositary Receipt
Category is less than 0.05% of total net assets.
(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 $31,655. 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.
(3)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $32,500.



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 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 NAV 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 NAV 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
Australia20,758,388 38,963,741 — 
Canada13,399,366 67,078,782 — 
Ireland36,671,570 21,931,321 — 
Israel12,876,776 — — 
Switzerland6,059,741 98,424,822 — 
Other Countries— 1,053,797,257 — 
Short-Term Investments149,770 23,343,192 — 
89,915,611 1,303,539,115 — 
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.