American Century Investments®
Quarterly Portfolio Holdings
American Century® Quality Diversified International ETF (QINT)
May 31, 2026


Quality Diversified International ETF - Schedule of Investments
MAY 31, 2026 (UNAUDITED) 

Shares
Value ($)
COMMON STOCKS — 98.8%
 
 
Australia — 4.5%
 
 
ALS Ltd.
80,464 1,362,881 
BHP Group Ltd.
85,352 3,799,731 
Brambles Ltd.
216,090 2,574,337 
CSL Ltd.
8,150 566,027 
Evolution Mining Ltd.
99,824 879,392 
Fortescue Ltd.
313,899 5,041,488 
Genesis Minerals Ltd.(1)
131,785 560,711 
Harvey Norman Holdings Ltd.
207,781 687,805 
HUB24 Ltd.
10,716 638,395 
JB Hi-Fi Ltd.
14,560 778,306 
Origin Energy Ltd.
98,497 768,625 
Perseus Mining Ltd.
362,678 1,361,205 
QBE Insurance Group Ltd.
88,141 1,432,340 
REA Group Ltd.(2)
15,968 1,708,162 
Sandfire Resources Ltd.(1)
48,493 685,431 
Sonic Healthcare Ltd.(2)
199,678 2,795,858 
South32 Ltd.
260,185 902,613 
Technology One Ltd.
37,556 809,041 
Woolworths Group Ltd.
27,193 687,513 
 
 
28,039,861 
Austria — 1.4%
 
 
ANDRITZ AG
9,975 907,237 
OMV AG
48,430 3,485,031 
Raiffeisen Bank International AG
32,980 1,893,149 
Verbund AG
12,171 817,050 
voestalpine AG
28,834 1,627,222 
 
 
8,729,689 
Belgium — 1.3%
 
 
Anheuser-Busch InBev SA
8,533 683,217 
Argenx SE(1)
3,345 2,796,197 
D'ieteren Group(2)
6,893 1,375,078 
KBC Group NV
6,565 871,181 
Lotus Bakeries NV(2)
54 692,056 
UCB SA(2)
4,775 1,402,067 
 
 
7,819,796 
Canada — 9.0%
 
 
Agnico Eagle Mines Ltd.
7,060 1,293,039 
Alamos Gold, Inc., Class A
24,217 988,054 
Aritzia, Inc.(1)
8,874 996,406 
Artemis Gold, Inc.(1)
20,873 499,626 
AtkinsRealis Group, Inc.(2)
10,226 613,864 
B2Gold Corp.
162,099 771,591 
Barrick Mining Corp.
48,265 2,053,676 
Bombardier, Inc., Class B(1)
3,349 755,453 
Brookfield Asset Management Ltd., Class A(2)
22,683 1,102,394 
Cameco Corp.
9,880 1,113,476 
Canadian Imperial Bank of Commerce
7,010 765,194 
Canadian Natural Resources Ltd.(2)
18,997 863,970 
Canadian Tire Corp. Ltd., Class A(2)
25,176 3,230,431 


Celestica, Inc.(1)
4,728 1,822,124 
Cenovus Energy, Inc.
31,770 875,899 
CGI, Inc.
92,686 6,472,860 
Constellation Software, Inc.
382 782,157 
Dollarama, Inc.
20,696 2,646,578 
DPM Metals, Inc.
15,976 536,531 
Finning International, Inc.
11,682 882,346 
George Weston Ltd.
9,650 676,021 
Gildan Activewear, Inc.(2)
12,725 775,970 
Hudbay Minerals, Inc.
28,571 833,130 
IGM Financial, Inc.(2)
112,456 6,408,112 
Imperial Oil Ltd.(2)
14,239 1,689,387 
Kinross Gold Corp.
48,354 1,459,324 
Lundin Gold, Inc.
9,683 646,517 
Magna International, Inc.
17,855 1,156,290 
Manulife Financial Corp.(2)
24,446 935,000 
Nutrien Ltd.
11,581 793,878 
Onex Corp.
11,706 934,680 
Pan American Silver Corp.
10,068 573,775 
Saputo, Inc.
22,207 680,393 
Shopify, Inc., Class A(1)
19,192 2,278,282 
South Bow Corp.
27,072 973,975 
Stantec, Inc.
9,184 693,938 
Suncor Energy, Inc.(2)
15,008 938,048 
Topicus.com, Inc.(1)
10,310 745,814 
Toromont Industries Ltd.
4,559 751,946 
Toronto-Dominion Bank
7,636 873,738 
Triple Flag Precious Metals Corp.
18,979 601,255 
Wheaton Precious Metals Corp.
7,647 1,013,992 
WSP Global, Inc.
4,178 591,736 
 
 
56,090,870 
China — 0.1%
 
 
BOC Aviation Ltd.
77,900 759,481 
Denmark — 2.3%
 
 
ALK-Abello AS
21,768 908,918 
AP Moller - Maersk AS, B Shares
1,555 3,861,011 
Carlsberg AS, B Shares
5,574 749,261 
Danske Bank AS
16,611 873,756 
DSV AS
2,681 670,674 
Genmab AS(1)
4,549 1,192,400 
ISS AS
45,025 1,852,656 
Pandora AS
18,164 1,699,943 
Vestas Wind Systems AS
96,434 2,705,730 
 
14,514,349 
Finland — 1.5%
 
 
Konecranes OYJ
39,587 1,306,366 
Metso OYJ
38,335 731,248 
Neste OYJ
27,844 915,511 
Nordea Bank Abp
44,613 854,780 
Orion OYJ, Class B
9,007 752,326 
UPM-Kymmene OYJ
27,348 798,993 
Valmet OYJ(2)
53,570 1,451,584 
Wartsila OYJ Abp
65,326 2,651,164 
 
 
9,461,972 


France — 7.2%
 
 
Amundi SA
9,053 882,615 
AXA SA
17,699 816,160 
BNP Paribas SA
73,554 7,928,584 
Bouygues SA
73,733 4,314,321 
Capgemini SE(1)
6,857 814,645 
Carrefour SA
45,738 854,538 
Cie de Saint-Gobain SA
8,509 771,093 
Credit Agricole SA
39,065 752,635 
Eiffage SA
5,017 726,097 
Elis SA
27,020 852,126 
FDJ UNITED(2)
51,585 1,365,994 
Hermes International SCA
3,185 5,951,897 
LVMH Moet Hennessy Louis Vuitton SE
7,392 4,043,039 
Nexans SA
6,001 1,104,019 
Publicis Groupe SA
9,730 946,622 
Renault SA
22,852 781,597 
Safran SA
2,707 962,750 
Sanofi SA
81,633 7,155,876 
Technip Energies NV
16,485 679,928 
TotalEnergies SE
10,904 956,747 
Veolia Environnement SA
20,405 823,255 
Vinci SA
6,760 983,162 
 
 
44,467,700 
Germany — 6.9%
 
 
adidas AG
3,714 717,380 
BASF SE
15,067 892,159 
Bayer AG
17,469 742,899 
Bechtle AG(1)
21,455 836,431 
Brenntag SE
14,029 922,627 
Deutsche Lufthansa AG
80,754 802,899 
Deutsche Post AG
14,648 872,396 
Deutsche Telekom AG
21,062 707,158 
Evonik Industries AG(1)
203,584 3,986,930 
Fresenius Medical Care AG
77,589 3,362,476 
Heidelberg Materials AG
11,472 2,538,237 
Henkel AG & Co. KGaA
81,128 5,884,103 
HOCHTIEF AG
4,258 2,407,315 
Mercedes-Benz Group AG
98,685 5,991,957 
Merck KGaA
5,718 870,817 
Nemetschek SE
8,665 623,962 
Nordex SE(1)
15,752 758,966 
RENK Group AG
10,775 713,982 
Scout24 SE
16,951 1,425,671 
Siemens AG
2,962 928,706 
Siemens Energy AG
21,657 4,099,973 
United Internet AG
26,207 804,430 
Zalando SE(1)
63,790 1,725,833 
 
 
42,617,307 
Ireland — 0.9%
 
 
AIB Group PLC
149,565 1,760,065 
Ryanair Holdings PLC, ADR
65,126 3,958,358 
 
 
5,718,423 


Israel — 1.4%
 
 
Bank Hapoalim BM
197,729 5,069,824 
Global-e Online Ltd.(1)
21,780 667,339 
Harel Insurance Investments & Financial Services Ltd.
14,954 945,091 
Israel Discount Bank Ltd., A Shares
82,093 908,879 
Nova Ltd.(1)
1,892 950,408 
 
 
8,541,541 
Italy — 4.5%
 
 
A2A SpA(2)
298,760 783,194 
Azimut Holding SpA
20,911 847,631 
Banca Mediolanum SpA
40,234 928,435 
Banca Monte dei Paschi di Siena SpA(2)
168,058 1,807,484 
Banco BPM SpA
203,423 3,196,008 
BPER Banca SpA
61,109 827,302 
De' Longhi SpA
18,823 781,830 
Enel SpA
329,792 3,700,654 
Eni SpA(2)
69,499 1,818,305 
Ferrari NV(2)
1,861 633,168 
Fincantieri SpA(1)(2)
40,728 561,594 
Hera SpA
165,199 742,594 
Intesa Sanpaolo SpA
125,777 850,009 
Iveco Group NV
68,201 1,106,250 
Lottomatica Group SpA
59,632 1,761,283 
Saipem SpA(2)
369,030 1,773,393 
UniCredit SpA
59,035 5,095,250 
Unipol Assicurazioni SpA
34,684 857,503 
 
 
28,071,887 
Japan — 21.9%
 
 
Advantest Corp.
13,800 2,256,237 
AGC, Inc.
38,800 1,689,937 
Aisin Corp.
77,300 1,171,626 
Ajinomoto Co., Inc.
27,200 878,860 
Asahi Intecc Co. Ltd.
32,100 758,005 
Asahi Kasei Corp.
154,300 1,730,796 
Asics Corp.
50,800 1,543,201 
Astellas Pharma, Inc.
113,600 1,618,104 
Bandai Namco Holdings, Inc.
31,300 714,050 
Bridgestone Corp.
226,400 4,872,970 
Brother Industries Ltd.
53,400 1,256,384 
Canon, Inc.(2)
28,000 744,644 
Capcom Co. Ltd.(2)
30,100 569,890 
Chugai Pharmaceutical Co. Ltd.
41,900 2,072,223 
Dai Nippon Printing Co. Ltd.
41,300 718,116 
Daifuku Co. Ltd.(2)
16,200 740,552 
Daikin Industries Ltd.
6,600 950,174 
Daito Trust Construction Co. Ltd.
227,700 4,523,026 
Daiwa Securities Group, Inc.
95,900 902,724 
Denso Corp.
556,500 6,620,907 
Disco Corp.
3,700 1,509,729 
Ebara Corp.(2)
23,700 842,731 
ENEOS Holdings, Inc.
74,200 607,967 
Fast Retailing Co. Ltd.
1,900 984,649 
Food & Life Cos. Ltd.
11,400 776,733 
Fujikura Ltd.
62,700 1,868,491 
Fujitsu Ltd.
30,200 643,262 


Hachijuni Nagano Bank Ltd.
53,200 776,849 
Hitachi Construction Machinery Co. Ltd.
40,500 1,319,148 
Hitachi Ltd.
22,200 718,603 
Hoya Corp.
4,700 798,187 
Isetan Mitsukoshi Holdings Ltd.
43,500 927,195 
Isuzu Motors Ltd.
45,800 672,874 
Japan Airlines Co. Ltd.
41,500 709,977 
Japan Post Insurance Co. Ltd.
78,900 707,619 
JX Advanced Metals Corp.
34,000 839,210 
Kansai Electric Power Co., Inc.
47,300 693,168 
Kioxia Holdings Corp.(1)
14,500 5,970,928 
Kirin Holdings Co. Ltd.
49,300 839,036 
Kobe Steel Ltd.
240,700 2,994,563 
Komatsu Ltd.(2)
17,600 718,743 
Konami Group Corp.
6,200 736,476 
Kyocera Corp.
54,000 1,180,712 
Lasertec Corp.(2)
3,400 859,670 
Makita Corp.
22,100 767,023 
Marubeni Corp.(2)
22,300 728,951 
Mebuki Financial Group, Inc.
81,800 683,861 
Mitsubishi Chemical Group Corp.
113,300 814,160 
Mitsubishi Corp.
25,200 796,834 
Mitsubishi Electric Corp.
23,100 939,086 
Mitsubishi Heavy Industries Ltd.
72,500 1,713,810 
Mitsubishi UFJ Financial Group, Inc.
36,400 684,096 
Mitsui Chemicals, Inc.
55,400 757,357 
Modec, Inc.
8,400 529,996 
MS&AD Insurance Group Holdings, Inc.
33,000 883,111 
Murata Manufacturing Co. Ltd.
32,300 2,034,405 
NEC Corp.
60,700 1,573,337 
Nexon Co. Ltd.
32,500 456,871 
NGK Corp.
52,900 2,095,198 
NIDEC Corp.
53,700 941,694 
NIPPON EXPRESS HOLDINGS, Inc.
64,100 2,115,071 
Niterra Co. Ltd.
40,400 2,576,148 
Omron Corp.
24,100 873,614 
Ono Pharmaceutical Co. Ltd.
61,600 924,320 
ORIX Corp.
30,800 1,201,172 
Otsuka Corp.
42,500 772,473 
Pan Pacific International Holdings Corp.
106,400 584,573 
Recruit Holdings Co. Ltd.
75,600 5,055,420 
Ricoh Co. Ltd.
89,900 822,374 
Ryohin Keikaku Co. Ltd.
35,400 864,605 
Sanrio Co. Ltd.(2)
107,600 578,586 
SBI Holdings, Inc.
113,600 2,078,300 
Shimadzu Corp.
30,500 722,578 
Shimamura Co. Ltd.
36,700 758,600 
Shimizu Corp.
50,300 844,982 
Shionogi & Co. Ltd.
65,600 1,233,793 
Sompo Holdings, Inc.
21,400 790,776 
Sony Group Corp.
93,500 2,016,813 
Subaru Corp.
45,100 684,454 
Sumitomo Chemical Co. Ltd.
422,500 1,613,184 
Sumitomo Corp.
174,400 7,690,582 
Sumitomo Electric Industries Ltd.
27,400 2,113,381 


Sumitomo Metal Mining Co. Ltd.
8,300 470,540 
Suntory Beverage & Food Ltd.(2)
139,400 3,765,460 
Suzuki Motor Corp.
46,100 570,905 
Sysmex Corp.
89,800 785,237 
Takeda Pharmaceutical Co. Ltd.
23,000 734,185 
TDK Corp.
242,400 6,278,720 
Tokyo Century Corp.
58,800 871,425 
Tokyo Electron Ltd.
4,200 1,408,573 
Tosoh Corp.
48,900 843,006 
Toyota Tsusho Corp.(2)
41,200 1,795,046 
Yokogawa Electric Corp.
21,400 671,718 
 
 
136,539,350 
Netherlands — 6.0%
 
 
Adyen NV(1)
1,097 1,201,618 
Aegon Ltd.(2)
209,370 1,775,895 
ASM International NV
1,645 1,716,417 
ASML Holding NV
4,265 6,896,219 
BE Semiconductor Industries NV
3,819 1,264,493 
CVC Capital Partners PLC(2)
106,899 1,708,712 
Heineken Holding NV
34,019 2,453,163 
ING Groep NV
183,547 5,685,445 
Koninklijke Ahold Delhaize NV
132,591 5,587,003 
NN Group NV
69,744 5,821,969 
Prosus NV(1)
59,053 2,685,704 
Randstad NV(2)
26,368 808,410 
 
 
37,605,048 
New Zealand — 0.4%
 
 
Fisher & Paykel Healthcare Corp. Ltd.
117,835 2,629,182 
Norway — 2.8%
 
 
Equinor ASA
237,997 8,603,498 
Frontline PLC(2)
18,679 647,601 
Kongsberg Gruppen ASA
42,754 1,531,497 
Norsk Hydro ASA
290,977 3,558,581 
Subsea 7 SA
51,644 1,696,737 
Var Energi ASA
234,566 1,154,830 
 
 
17,192,744 
Portugal — 0.3%
 
 
EDP SA
162,516 827,637 
Jeronimo Martins SGPS SA
32,969 697,998 
 
 
1,525,635 
Singapore — 2.1%
 
 
Genting Singapore Ltd.(2)
6,106,000 2,869,865 
Singapore Airlines Ltd.
152,000 807,478 
Singapore Exchange Ltd.
197,900 3,392,728 
Singapore Technologies Engineering Ltd.
400,700 3,575,649 
Singapore Telecommunications Ltd.
177,900 605,348 
United Overseas Bank Ltd.
29,200 860,293 
UOL Group Ltd.
136,800 1,088,142 
 
 
13,199,503 
Spain — 4.0%
 
 
ACS Actividades de Construccion y Servicios SA
32,704 4,740,208 
Banco Bilbao Vizcaya Argentaria SA
324,167 7,571,457 
Banco Santander SA(2)
64,967 812,467 
Bankinter SA
41,458 696,521 
CaixaBank SA
94,010 1,269,282 


International Consolidated Airlines Group SA
273,199 1,573,385 
Mapfre SA(2)
215,499 1,007,687 
Telefonica SA(2)
1,394,580 6,380,051 
Unicaja Banco SA
303,271 1,013,355 
 
 
25,064,413 
Sweden — 1.8%
 
 
AddTech AB, B Shares
20,128 717,408 
Avanza Bank Holding AB(2)
19,410 726,111 
Evolution AB(1)
14,297 1,073,146 
H & M Hennes & Mauritz AB, B Shares(2)
39,827 706,641 
Saab AB, Class B
23,911 1,473,668 
Sandvik AB
28,504 1,159,265 
Skanska AB, B Shares
28,205 763,085 
SKF AB, B Shares(2)
32,451 851,172 
SSAB AB, B Shares(2)
106,621 1,096,449 
Telefonaktiebolaget LM Ericsson, B Shares
151,069 1,969,970 
Volvo AB, B Shares(2)
24,956 878,606 
 
 
11,415,521 
Switzerland — 4.7%
 
 
ABB Ltd.
8,804 941,388 
Accelleron Industries AG
8,198 812,143 
Cie Financiere Richemont SA, Class A
16,732 3,592,676 
Galderma Group AG(1)
16,736 3,540,522 
Novartis AG
32,371 4,868,924 
On Holding AG, Class A(1)
17,471 713,166 
Roche Holding AG
15,934 6,704,232 
Sandoz Group AG
44,340 3,728,485 
Straumann Holding AG
5,743 694,017 
Sulzer AG(2)
3,917 741,243 
Swiss Re AG
4,895 733,450 
Swissquote Group Holding SA
13,200 665,998 
VAT Group AG
2,227 1,738,811 
 
 
29,475,055 
United Kingdom — 12.3%
 
 
Aberdeen Group PLC
293,671 978,748 
Associated British Foods PLC
32,648 798,938 
AstraZeneca PLC
27,482 5,102,430 
Babcock International Group PLC
42,945 633,792 
Barclays PLC
713,055 4,356,096 
Berkeley Group Holdings PLC(1)
14,924 687,784 
British American Tobacco PLC
13,911 860,765 
BT Group PLC
297,735 834,928 
Bunzl PLC
29,420 930,149 
Burberry Group PLC(1)
45,338 719,639 
Centrica PLC
324,122 817,669 
Coca-Cola HBC AG(1)
31,131 1,785,814 
DCC PLC
47,395 3,823,618 
Diploma PLC
9,461 887,221 
Endeavour Mining PLC
27,998 1,754,432 
Evraz PLC(1)(3)
199,959 27 
Games Workshop Group PLC
2,941 783,916 
GSK PLC
36,281 917,424 
Haleon PLC
131,184 592,220 
Halma PLC
13,968 877,999 
Howden Joinery Group PLC
66,545 686,080 


HSBC Holdings PLC(2)
289,200 5,395,841 
IG Group Holdings PLC
88,969 2,145,240 
Imperial Brands PLC
19,412 703,911 
InterContinental Hotels Group PLC
11,487 1,761,545 
Kingfisher PLC
366,867 1,416,532 
Lion Finance Group PLC
4,426 660,415 
Lloyds Banking Group PLC
4,817,426 6,589,437 
M&G PLC
203,175 861,129 
NatWest Group PLC
678,552 5,457,414 
Next PLC
4,245 752,902 
Pearson PLC
67,253 999,676 
Prudential PLC
46,356 659,532 
Rio Tinto PLC
89,049 9,458,018 
Rolls-Royce Holdings PLC
99,768 1,795,007 
Shell PLC
21,000 887,362 
Smith & Nephew PLC
47,063 701,496 
Tesco PLC
134,309 778,527 
Vodafone Group PLC
4,121,700 6,193,779 
Whitbread PLC
24,826 779,574 
 
 
76,827,026 
United States — 1.5%
 
 
Autoliv, Inc.
16,129 2,050,319 
Flex Ltd.(1)
24,887 3,752,462 
Janus Henderson Group PLC
16,468 851,560 
Super Group SGHC Ltd.
67,558 841,097 
TechnipFMC PLC
24,601 1,683,200 
 
 
9,178,638 
TOTAL COMMON STOCKS
(Cost $509,565,395)
 
615,484,991 
WARRANTS — 0.0%
 
 
Canada — 0.0%
 
 
Constellation Software, Inc.(1)
(Cost $—)
966 7 
SHORT-TERM INVESTMENTS — 2.7%
 
 
Money Market Funds — 2.7%
 
 
State Street Institutional U.S. Government Money Market Fund, Premier Class
4,815,745 4,815,745 
State Street Navigator Securities Lending Government Money Market Portfolio(4)
12,181,163 12,181,163 
TOTAL SHORT-TERM INVESTMENTS
(Cost $16,996,908)
 
16,996,908 
TOTAL INVESTMENT SECURITIES — 101.5%
(Cost $526,562,303)
 
632,481,906 
OTHER ASSETS AND LIABILITIES — (1.5)%
 
(9,635,934)
TOTAL NET ASSETS — 100.0%
 
$622,845,972 



MARKET SECTOR DIVERSIFICATION
(as a % of net assets)
Financials20.0%
Industrials18.1%
Consumer Discretionary14.3%
Materials10.0%
Health Care9.9%
Information Technology9.9%
Energy6.1%
Consumer Staples4.7%
Communication Services3.4%
Utilities1.5%
Real Estate0.9%
Short-Term Investments2.7%
Other Assets and Liabilities(1.5)%

NOTES TO SCHEDULE OF INVESTMENTS
ADR–American Depositary Receipt
(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 $34,830,220. 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)Security may be subject to resale, redemption or transferability restrictions.
(4)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $37,192,780, which includes securities collateral of $25,011,617.


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 Trustees 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.

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 1Level 2Level 3
Assets
Investment Securities
Common Stocks
Canada$19,506,149 $36,584,721 — 
Ireland3,958,358 1,760,065 — 
Israel1,617,747 6,923,794 — 
Italy633,168 27,438,719 — 
Norway647,601 16,545,143 — 
Switzerland713,166 28,761,889 — 
United States9,178,638 — — 
Other Countries— 461,215,833 — 
Warrants— 7 — 
Short-Term Investments16,996,908 — — 
$53,251,735 $579,230,171 — 
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.