American Century Investments®

Quarterly Portfolio Holdings

Focused Global Growth Fund

February 28, 2023

Focused Global Growth - Schedule of Investments

FEBRUARY 28, 2023 (UNAUDITED)

	Shares/ Principal Amount ($)	Value ($)
COMMON STOCKS — 99.7%
Brazil — 2.2%
B3 SA - Brasil Bolsa Balcao	6,240,100	12,622,155
Canada — 2.6%
Canadian Pacific Railway Ltd.	197,810	15,021,691
Denmark — 2.8%
Novo Nordisk A/S, B Shares	114,900	16,230,229
France — 8.4%
AXA SA	515,930	16,257,709
Pernod Ricard SA	77,180	16,100,613
Schneider Electric SE	98,820	15,856,366
		48,214,688
Hong Kong — 5.1%
AIA Group Ltd.	1,419,600	15,087,521
Hong Kong Exchanges & Clearing Ltd.	364,483	14,598,508
		29,686,029
India — 2.5%
HDFC Bank Ltd.	746,810	14,443,605
Ireland — 2.9%
ICON PLC(1)	72,950	16,459,708
Italy — 3.0%
Stellantis NV	983,514	17,142,024
Spain — 2.9%
Cellnex Telecom SA(1)	449,990	16,883,061
United Kingdom — 2.6%
AstraZeneca PLC	112,990	14,720,111
United States — 64.7%
Air Products and Chemicals, Inc.	50,050	14,313,299
Amazon.com, Inc.(1)	236,470	22,282,568
Aptiv PLC(1)	154,790	17,998,981
Avantor, Inc.(1)	695,320	16,944,948
Catalent, Inc.(1)	313,880	21,412,894
Cheniere Energy, Inc.	96,620	15,202,191
CoStar Group, Inc.(1)	194,050	13,711,573
Equinix, Inc.	22,766	15,669,155
FMC Corp.	120,560	15,570,324
GXO Logistics, Inc.(1)	298,997	14,821,281
HEICO Corp.	93,130	15,419,534
MarketAxess Holdings, Inc.	52,850	18,045,633
Marvell Technology, Inc.	372,020	16,796,703
Mastercard, Inc., Class A	43,600	15,490,644
Microsoft Corp.	124,600	31,077,732
NXP Semiconductors NV	86,580	15,452,798
Pioneer Natural Resources Co.	66,728	13,372,959
Prologis, Inc.	129,170	15,939,578
S&P Global, Inc.	44,600	15,217,520
SBA Communications Corp.	52,560	13,631,436
TransDigm Group, Inc.	24,210	18,009,093
Workday, Inc., Class A(1)	91,520	16,974,214
		373,355,058
TOTAL COMMON STOCKS (Cost $516,863,302)		574,778,359

SHORT-TERM INVESTMENTS — 0.3%
Money Market Funds†
State Street Institutional U.S. Government Money Market Fund, Premier Class	2,563	2,563
Repurchase Agreements — 0.3%
BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.50% - 4.375%, 12/15/24 - 11/15/39, valued at $481,199), in a joint trading account at 4.44%, dated 2/28/23, due 3/1/23 (Delivery value $472,574)		472,516
Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 0.25% - 3.875%, 7/15/29 - 11/30/29, valued at $1,500,453), at 4.53%, dated 2/28/23, due 3/1/23 (Delivery value $1,471,185)		1,471,000
		1,943,516
TOTAL SHORT-TERM INVESTMENTS (Cost $1,946,079)		1,946,079
TOTAL INVESTMENT SECURITIES — 100.0% (Cost $518,809,381)		576,724,438
OTHER ASSETS AND LIABILITIES†		(70,099)
TOTAL NET ASSETS — 100.0%		$	576,654,339

MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Financials	18.3%
Information Technology	16.6%
Industrials	16.2%
Health Care	14.9%
Consumer Discretionary	10.0%
Real Estate	7.9%
Materials	5.2%
Energy	4.9%
Communication Services	2.9%
Consumer Staples	2.8%
Short-Term Investments	0.3%
Other Assets and Liabilities	—%*

*Category is less than 0.05% of total net assets.

NOTES TO SCHEDULE OF INVESTMENTS

†Category is less than 0.05% of total net assets.

(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. 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 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 the 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 fund’s 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
Brazil	—		$	12,622,155	—
Denmark	—		16,230,229		—
France	—		48,214,688		—
Hong Kong	—		29,686,029		—
India	—		14,443,605		—
Italy	—		17,142,024		—
Spain	—		16,883,061		—
United Kingdom	—		14,720,111		—
Other Countries	$	404,836,457	—		—
Short-Term Investments	2,563		1,943,516		—
	$	404,839,020	$	171,885,418	—

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.