American Century Investments®
Quarterly Portfolio Holdings
VP Inflation Protection Fund
September 30, 2022
| VP Inflation Protection - Schedule of Investments | ||
| SEPTEMBER 30, 2022 (UNAUDITED) | ||
| Shares/ Principal Amount ($) | Value ($) | ||||||||||
| U.S. TREASURY SECURITIES — 53.2% | |||||||||||
| U.S. Treasury Inflation Indexed Bonds, 2.00%, 1/15/26 | 17,355,739 | 17,306,295 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 2.375%, 1/15/27 | 6,587,534 | 6,689,577 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 1.75%, 1/15/28 | 11,109,955 | 11,006,550 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 3.625%, 4/15/28 | 4,022,545 | 4,373,775 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 2.50%, 1/15/29 | 4,105,262 | 4,250,413 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 0.75%, 2/15/42 | 14,010,949 | 11,284,276 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 0.625%, 2/15/43 | 18,789,514 | 14,470,829 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 1.375%, 2/15/44 | 13,602,054 | 12,125,369 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 0.75%, 2/15/45 | 15,097,680 | 11,664,011 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 1.00%, 2/15/46 | 9,190,220 | 7,464,917 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 0.875%, 2/15/47 | 2,393,294 | 1,880,444 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 1.00%, 2/15/48 | 1,201,430 | 975,559 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 1.00%, 2/15/49 | 235,474 | 192,134 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 0.25%, 2/15/50 | 10,117,809 | 6,647,471 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 0.125%, 2/15/51 | 9,388,170 | 5,906,927 | |||||||||
| U.S. Treasury Inflation Indexed Bonds, 0.125%, 2/15/52 | 16,549,554 | 10,489,207 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.625%, 1/15/26 | 22,630,691 | 21,607,776 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 4/15/26 | 17,228,230 | 16,094,327 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 7/15/26 | 9,269,925 | 8,669,293 | |||||||||
U.S. Treasury Inflation Indexed Notes, 0.125%, 10/15/26(1) | 9,757,890 | 9,093,137 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.375%, 1/15/27 | 1,226,490 | 1,146,149 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 4/15/27 | 16,264,305 | 15,002,492 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.375%, 7/15/27 | 11,082,023 | 10,344,150 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.50%, 1/15/28 | 18,677,105 | 17,342,373 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.75%, 7/15/28 | 767,182 | 721,324 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.25%, 7/15/29 | 6,138,672 | 5,538,808 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 1/15/30 | 27,060,955 | 23,940,774 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 7/15/30 | 12,133,170 | 10,690,491 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 1/15/31 | 21,510,279 | 18,806,394 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 7/15/31 | 12,159,400 | 10,611,022 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.125%, 1/15/32 | 26,313,364 | 22,768,529 | |||||||||
| U.S. Treasury Inflation Indexed Notes, 0.625%, 7/15/32 | 19,527,064 | 17,733,683 | |||||||||
TOTAL U.S. TREASURY SECURITIES (Cost $394,116,123) | 336,838,476 | ||||||||||
| CORPORATE BONDS — 14.3% | |||||||||||
| Aerospace and Defense — 0.3% | |||||||||||
| Raytheon Technologies Corp., 4.125%, 11/16/28 | 1,790,000 | 1,673,933 | |||||||||
Airlines† | |||||||||||
British Airways 2021-1 Class A Pass Through Trust, 2.90%, 9/15/36(2) | 150,893 | 123,049 | |||||||||
| Automobiles — 0.5% | |||||||||||
| Honda Motor Co. Ltd., 2.27%, 3/10/25 | 2,340,000 | 2,204,883 | |||||||||
| Toyota Motor Credit Corp., 2.50%, 3/22/24 | 1,309,000 | 1,269,466 | |||||||||
| 3,474,349 | |||||||||||
| Banks — 4.6% | |||||||||||
| Bank of America Corp., VRN, 3.38%, 4/2/26 | 760,000 | 718,278 | |||||||||
| Bank of America Corp., VRN, 3.42%, 12/20/28 | 1,449,000 | 1,288,473 | |||||||||
| Bank of America Corp., VRN, 2.88%, 10/22/30 | 777,000 | 638,005 | |||||||||
Bank of Ireland Group PLC, VRN, 2.03%, 9/30/27(2) | 377,000 | 312,304 | |||||||||
| Citigroup, Inc., VRN, 3.07%, 2/24/28 | 400,000 | 356,964 | |||||||||
| Citigroup, Inc., VRN, 3.52%, 10/27/28 | 446,000 | 398,694 | |||||||||
| Discover Bank, VRN, 4.68%, 8/9/28 | 2,545,000 | 2,441,188 | |||||||||
DNB Bank ASA, VRN, 2.97%, 3/28/25(2) | 1,535,000 | 1,481,598 | |||||||||
| FNB Corp., 2.20%, 2/24/23 | 3,810,000 | 3,757,673 | |||||||||
| HSBC Holdings PLC, VRN, 1.16%, 11/22/24 | 1,917,000 | 1,812,336 | |||||||||
| HSBC Holdings PLC, VRN, 4.18%, 12/9/25 | 1,135,000 | 1,086,410 | |||||||||
| HSBC Holdings PLC, VRN, 2.80%, 5/24/32 | 225,000 | 165,674 | |||||||||
| JPMorgan Chase & Co., VRN, 1.58%, 4/22/27 | 485,000 | 419,250 | |||||||||
| JPMorgan Chase & Co., VRN, 2.95%, 2/24/28 | 1,474,000 | 1,305,025 | |||||||||
| JPMorgan Chase & Co., VRN, 2.07%, 6/1/29 | 1,762,000 | 1,430,483 | |||||||||
| JPMorgan Chase & Co., VRN, 2.52%, 4/22/31 | 1,097,000 | 868,602 | |||||||||
| Lloyds Banking Group PLC, VRN, 2.91%, 11/7/23 | 1,250,000 | 1,247,150 | |||||||||
| Lloyds Banking Group PLC, VRN, 4.72%, 8/11/26 | 1,140,000 | 1,096,116 | |||||||||
National Australia Bank Ltd., 2.33%, 8/21/30(2) | 515,000 | 384,188 | |||||||||
| PNC Financial Services Group, Inc., VRN, 4.63%, 6/6/33 | 2,860,000 | 2,555,079 | |||||||||
| Royal Bank of Canada, 4.24%, 8/3/27 | 1,365,000 | 1,303,281 | |||||||||
Swedbank AB, 3.36%, 4/4/25(2) | 1,740,000 | 1,664,945 | |||||||||
| Toronto-Dominion Bank, 4.11%, 6/8/27 | 1,130,000 | 1,066,846 | |||||||||
| Toronto-Dominion Bank, 4.46%, 6/8/32 | 429,000 | 392,307 | |||||||||
| Wells Fargo & Co., VRN, 4.54%, 8/15/26 | 455,000 | 440,425 | |||||||||
| Wells Fargo & Co., VRN, 3.35%, 3/2/33 | 463,000 | 376,082 | |||||||||
| 29,007,376 | |||||||||||
| Biotechnology — 0.2% | |||||||||||
| AbbVie, Inc., 2.95%, 11/21/26 | 1,200,000 | 1,100,563 | |||||||||
| Capital Markets — 1.1% | |||||||||||
FS KKR Capital Corp., 4.25%, 2/14/25(2) | 198,000 | 183,859 | |||||||||
| Goldman Sachs Group, Inc., VRN, 1.76%, 1/24/25 | 1,727,000 | 1,641,915 | |||||||||
| Goldman Sachs Group, Inc., VRN, 1.95%, 10/21/27 | 545,000 | 466,752 | |||||||||
| Goldman Sachs Group, Inc., VRN, 2.64%, 2/24/28 | 535,000 | 464,789 | |||||||||
| Goldman Sachs Group, Inc., VRN, 3.81%, 4/23/29 | 182,000 | 161,616 | |||||||||
| Golub Capital BDC, Inc., 2.50%, 8/24/26 | 277,000 | 232,520 | |||||||||
| Morgan Stanley, VRN, 0.53%, 1/25/24 | 1,938,000 | 1,906,728 | |||||||||
| Morgan Stanley, VRN, 0.79%, 5/30/25 | 755,000 | 695,359 | |||||||||
| Morgan Stanley, VRN, 2.48%, 9/16/36 | 270,000 | 193,871 | |||||||||
UBS Group AG, VRN, 1.49%, 8/10/27(2) | 1,343,000 | 1,129,835 | |||||||||
| 7,077,244 | |||||||||||
| Consumer Finance — 0.5% | |||||||||||
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust, 1.15%, 10/29/23 | 1,008,000 | 958,109 | |||||||||
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust, 1.65%, 10/29/24 | 176,000 | 160,948 | |||||||||
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust, 6.50%, 7/15/25 | 1,086,000 | 1,084,812 | |||||||||
BOC Aviation USA Corp., 1.625%, 4/29/24(2) | 1,072,000 | 1,012,859 | |||||||||
| 3,216,728 | |||||||||||
| Diversified Financial Services — 0.3% | |||||||||||
| Block Financial LLC, 3.875%, 8/15/30 | 800,000 | 684,294 | |||||||||
Corebridge Financial, Inc., 3.85%, 4/5/29(2) | 287,000 | 253,300 | |||||||||
| PG&E Energy Recovery Funding LLC, 2.82%, 7/15/48 | 1,400,000 | 957,294 | |||||||||
| 1,894,888 | |||||||||||
| Diversified Telecommunication Services — 1.1% | |||||||||||
| AT&T, Inc., 4.35%, 3/1/29 | 2,709,000 | 2,535,454 | |||||||||
| AT&T, Inc., 4.50%, 5/15/35 | 419,000 | 363,744 | |||||||||
| AT&T, Inc., 4.90%, 8/15/37 | 719,000 | 639,039 | |||||||||
| AT&T, Inc., 4.55%, 3/9/49 | 662,000 | 530,653 | |||||||||
| AT&T, Inc., 3.55%, 9/15/55 | 380,000 | 250,401 | |||||||||
| Telefonica Emisiones SA, 4.90%, 3/6/48 | 510,000 | 372,656 | |||||||||
| Verizon Communications, Inc., 4.33%, 9/21/28 | 1,676,000 | 1,578,187 | |||||||||
| Verizon Communications, Inc., 4.27%, 1/15/36 | 605,000 | 517,581 | |||||||||
| 6,787,715 | |||||||||||
| Electric Utilities — 0.5% | |||||||||||
| Duke Energy Florida LLC, 1.75%, 6/15/30 | 610,000 | 476,286 | |||||||||
| Duke Energy Progress LLC, 2.00%, 8/15/31 | 1,220,000 | 944,737 | |||||||||
| NextEra Energy Capital Holdings, Inc., 5.00%, 7/15/32 | 1,580,000 | 1,510,755 | |||||||||
| Wisconsin Power & Light Co., 3.95%, 9/1/32 | 663,000 | 600,209 | |||||||||
| 3,531,987 | |||||||||||
| Entertainment — 0.1% | |||||||||||
Warnermedia Holdings, Inc., 3.76%, 3/15/27(2) | 472,000 | 422,888 | |||||||||
| Equity Real Estate Investment Trusts (REITs) — 0.4% | |||||||||||
| American Tower Corp., 3.65%, 3/15/27 | 413,000 | 378,204 | |||||||||
| Broadstone Net Lease LLC, 2.60%, 9/15/31 | 280,000 | 206,532 | |||||||||
| Phillips Edison Grocery Center Operating Partnership I LP, 2.625%, 11/15/31 | 367,000 | 266,968 | |||||||||
SBA Tower Trust, 3.45%, 3/15/48(2) | 1,647,000 | 1,632,162 | |||||||||
| 2,483,866 | |||||||||||
Food Products† | |||||||||||
| Mondelez International, Inc., 2.75%, 4/13/30 | 109,000 | 90,934 | |||||||||
| Health Care Providers and Services — 0.5% | |||||||||||
| CVS Health Corp., 1.30%, 8/21/27 | 1,220,000 | 1,017,937 | |||||||||
| Duke University Health System, Inc., 3.92%, 6/1/47 | 467,000 | 381,795 | |||||||||
Roche Holdings, Inc., 2.31%, 3/10/27(2) | 1,930,000 | 1,736,046 | |||||||||
| 3,135,778 | |||||||||||
| Household Durables — 0.2% | |||||||||||
| Lennar Corp., 4.75%, 5/30/25 | 1,310,000 | 1,291,461 | |||||||||
| Household Products — 0.3% | |||||||||||
| Colgate-Palmolive Co., 3.10%, 8/15/27 | 1,914,000 | 1,800,741 | |||||||||
| Insurance — 0.2% | |||||||||||
Athene Global Funding, 1.99%, 8/19/28(2) | 558,000 | 440,540 | |||||||||
Sammons Financial Group, Inc., 4.75%, 4/8/32(2) | 317,000 | 259,155 | |||||||||
SBL Holdings, Inc., 5.125%, 11/13/26(2) | 533,000 | 486,745 | |||||||||
| 1,186,440 | |||||||||||
| Interactive Media and Services — 0.1% | |||||||||||
Meta Platforms, Inc., 3.50%, 8/15/27(2) | — | — | |||||||||
Meta Platforms, Inc., 3.85%, 8/15/32(2) | 720,000 | 633,634 | |||||||||
| 633,634 | |||||||||||
| IT Services — 0.1% | |||||||||||
| Global Payments, Inc., 3.75%, 6/1/23 | 320,000 | 317,189 | |||||||||
| Life Sciences Tools and Services — 0.6% | |||||||||||
| Thermo Fisher Scientific, Inc., 1.22%, 10/18/24 | 3,930,000 | 3,658,010 | |||||||||
| Machinery — 0.5% | |||||||||||
| Caterpillar Financial Services Corp., 3.65%, 8/12/25 | 3,160,000 | 3,073,819 | |||||||||
| Media — 0.1% | |||||||||||
| Comcast Corp., 5.65%, 6/15/35 | 128,000 | 128,232 | |||||||||
| Comcast Corp., 6.50%, 11/15/35 | 236,000 | 252,291 | |||||||||
| Paramount Global, 4.95%, 1/15/31 | 380,000 | 335,808 | |||||||||
| 716,331 | |||||||||||
| Multi-Utilities — 0.7% | |||||||||||
| Ameren Corp., 1.95%, 3/15/27 | 2,220,000 | 1,925,017 | |||||||||
| Ameren Illinois Co., 3.85%, 9/1/32 | 355,000 | 320,305 | |||||||||
| Dominion Energy, Inc., 1.45%, 4/15/26 | 2,050,000 | 1,802,310 | |||||||||
| Sempra Energy, 3.30%, 4/1/25 | 767,000 | 730,594 | |||||||||
| 4,778,226 | |||||||||||
| Oil, Gas and Consumable Fuels — 0.1% | |||||||||||
| Petroleos Mexicanos, 3.50%, 1/30/23 | 331,000 | 327,053 | |||||||||
| Petroleos Mexicanos, 6.70%, 2/16/32 | 425,000 | 298,839 | |||||||||
| 625,892 | |||||||||||
| Pharmaceuticals — 0.2% | |||||||||||
| Zoetis, Inc., 2.00%, 5/15/30 | 1,580,000 | 1,256,905 | |||||||||
| Road and Rail — 0.3% | |||||||||||
| Canadian National Railway Co., 3.85%, 8/5/32 | 2,170,000 | 1,982,510 | |||||||||
DAE Funding LLC, 1.55%, 8/1/24(2) | 229,000 | 209,400 | |||||||||
| 2,191,910 | |||||||||||
| Semiconductors and Semiconductor Equipment — 0.1% | |||||||||||
| Intel Corp., 3.20%, 8/12/61 | 848,000 | 530,563 | |||||||||
| Specialty Retail — 0.5% | |||||||||||
| Home Depot, Inc., 2.70%, 4/15/25 | 836,000 | 798,377 | |||||||||
| Lowe's Cos., Inc., 3.35%, 4/1/27 | 1,357,000 | 1,258,759 | |||||||||
| O'Reilly Automotive, Inc., 4.70%, 6/15/32 | 1,380,000 | 1,293,955 | |||||||||
| 3,351,091 | |||||||||||
| Technology Hardware, Storage and Peripherals — 0.1% | |||||||||||
| Dell International LLC / EMC Corp., 6.02%, 6/15/26 | 690,000 | 693,476 | |||||||||
| Water Utilities — 0.1% | |||||||||||
| Essential Utilities, Inc., 2.70%, 4/15/30 | 560,000 | 459,232 | |||||||||
TOTAL CORPORATE BONDS (Cost $98,990,100) | 90,586,218 | ||||||||||
| U.S. GOVERNMENT AGENCY SECURITIES — 8.1% | |||||||||||
| FHLMC, 6.25%, 7/15/32 | 15,050,000 | 17,524,983 | |||||||||
| FNMA, 6.625%, 11/15/30 | 27,000,000 | 31,552,600 | |||||||||
| Tennessee Valley Authority, Series B, 4.70%, 7/15/33 | 2,400,000 | 2,429,320 | |||||||||
TOTAL U.S. GOVERNMENT AGENCY SECURITIES (Cost $54,341,522) | 51,506,903 | ||||||||||
| COLLATERALIZED MORTGAGE OBLIGATIONS — 7.0% | |||||||||||
| Private Sponsor Collateralized Mortgage Obligations — 6.8% | |||||||||||
| ABN Amro Mortgage Corp., Series 2003-4, Class A4, 5.50%, 3/25/33 | 18,392 | 16,280 | |||||||||
Agate Bay Mortgage Loan Trust, Series 2015-7, Class A3, VRN, 3.50%, 10/25/45(2) | 177,120 | 160,049 | |||||||||
Agate Bay Mortgage Loan Trust, Series 2016-1, Class A3, VRN, 3.50%, 12/25/45(2) | 203,389 | 188,034 | |||||||||
Angel Oak Mortgage Trust, Series 2019-4, Class A3 SEQ, VRN, 3.30%, 7/26/49(2) | 48,109 | 47,808 | |||||||||
Angel Oak Mortgage Trust, Series 2019-5, Class A3, VRN, 2.92%, 10/25/49(2) | 357,347 | 342,613 | |||||||||
Angel Oak Mortgage Trust, Series 2019-6, Class A3 SEQ, VRN, 2.93%, 11/25/59(2) | 394,573 | 383,541 | |||||||||
Arroyo Mortgage Trust, Series 2021-1R, Class A2, VRN, 1.48%, 10/25/48(2) | 543,913 | 471,353 | |||||||||
Arroyo Mortgage Trust, Series 2021-1R, Class A3, VRN, 1.64%, 10/25/48(2) | 443,719 | 385,836 | |||||||||
Bellemeade Re Ltd., Series 2019-3A, Class M1C, VRN, 5.03%, (1-month LIBOR plus 1.95%), 7/25/29(2) | 3,045,000 | 3,010,422 | |||||||||
Bellemeade Re Ltd., Series 2021-2A, Class M1C, VRN, 4.13%, (30-day average SOFR plus 1.85%), 6/25/31(2) | 3,200,000 | 2,968,800 | |||||||||
Bellemeade Re Ltd., Series 2021-3A, Class M1A, VRN, 3.28%, (30-day average SOFR plus 1.00%), 9/25/31(2) | 2,121,357 | 2,091,221 | |||||||||
| Cendant Mortgage Capital LLC, Series 2003-6, Class A3, 5.25%, 7/25/33 | 101,021 | 95,005 | |||||||||
Chase Mortgage Finance Corp., Series 2021-CL1, Class M1, VRN, 3.48%, (30-day average SOFR plus 1.20%), 2/25/50(2) | 604,027 | 575,644 | |||||||||
CHNGE Mortgage Trust, Series 2022-3, Class A1 SEQ, VRN, 5.00%, 5/25/67(2) | 945,077 | 906,740 | |||||||||
Credit Suisse Mortgage Trust, Series 2015-WIN1, Class A10, VRN, 3.50%, 12/25/44(2) | 246,013 | 224,060 | |||||||||
Credit Suisse Mortgage Trust, Series 2021-NQM2, Class A3 SEQ, VRN, 1.54%, 2/25/66(2) | 490,238 | 427,335 | |||||||||
Deephaven Residential Mortgage Trust, Series 2020-2, Class A3 SEQ, 2.86%, 5/25/65(2) | 2,225,000 | 2,145,856 | |||||||||
Deephaven Residential Mortgage Trust, Series 2021-3, Class A3, VRN, 1.55%, 8/25/66(2) | 1,495,728 | 1,235,226 | |||||||||
Farm Mortgage Trust, Series 2021-1, Class A, VRN, 2.18%, 1/25/51(2) | 3,261,163 | 2,667,071 | |||||||||
Imperial Fund Mortgage Trust, Series 2021-NQM1, Class A3 SEQ, VRN, 1.62%, 6/25/56(2) | 544,796 | 455,610 | |||||||||
JP Morgan Mortgage Trust, Series 2014-5, Class A1, VRN, 2.82%, 10/25/29(2) | 680,240 | 642,143 | |||||||||
JP Morgan Mortgage Trust, Series 2016-1, Class A7 SEQ, VRN, 3.50%, 5/25/46(2) | 1,304,322 | 1,177,878 | |||||||||
JP Morgan Mortgage Trust, Series 2017-1, Class A2, VRN, 3.45%, 1/25/47(2) | 613,713 | 541,038 | |||||||||
New Residential Mortgage Loan Trust, Series 2020-NQM2, Class A2 SEQ, VRN, 2.89%, 5/24/60(2) | 2,090,000 | 1,848,076 | |||||||||
Sequoia Mortgage Trust, Series 2017-7, Class A7 SEQ, VRN, 3.50%, 10/25/47(2) | 877,733 | 777,144 | |||||||||
Sequoia Mortgage Trust, Series 2019-4, Class A7 SEQ, VRN, 3.50%, 11/25/49(2) | 3,876,258 | 3,430,126 | |||||||||
Sequoia Mortgage Trust, Series 2021-5, Class A4 SEQ, VRN, 2.50%, 7/25/51(2) | 2,446,638 | 2,113,689 | |||||||||
SG Residential Mortgage Trust, Series 2021-1, Class A3 SEQ, VRN, 1.56%, 7/25/61(2) | 1,238,374 | 1,021,269 | |||||||||
STAR Trust, Series 2021-1, Class A1 SEQ, VRN, 1.22%, 5/25/65(2) | 1,410,486 | 1,316,295 | |||||||||
Starwood Mortgage Residential Trust, Series 2020-2, Class B1E, VRN, 3.00%, 4/25/60(2) | 3,765,000 | 3,747,062 | |||||||||
Verus Securitization Trust, Series 2020-1, Class A3 SEQ, 2.72%, 1/25/60(2) | 1,468,875 | 1,421,056 | |||||||||
Verus Securitization Trust, Series 2021-1, Class A3, VRN, 1.16%, 1/25/66(2) | 1,229,374 | 1,060,956 | |||||||||
Verus Securitization Trust, Series 2021-5, Class A3, VRN, 1.37%, 9/25/66(2) | 1,556,106 | 1,265,596 | |||||||||
Verus Securitization Trust, Series 2022-3, Class A3, VRN, 4.13%, 2/25/67(2) | 3,452,628 | 3,180,541 | |||||||||
Vista Point Securitization Trust, Series 2020-2, Class A3, VRN, 2.50%, 4/25/65(2) | 571,895 | 541,217 | |||||||||
| WaMu Mortgage Pass-Through Certificates Trust, Series 2003-S11, Class 3A5, 5.95%, 11/25/33 | 80,145 | 77,409 | |||||||||
| 42,959,999 | |||||||||||
| U.S. Government Agency Collateralized Mortgage Obligations — 0.2% | |||||||||||
| FNMA, Series 2014-C02, Class 2M2, VRN, 5.68%, (1-month LIBOR plus 2.60%), 5/25/24 | 460,062 | 459,032 | |||||||||
FNMA, Series 2022-R03, Class 1M1, VRN, 4.38%, (30-day average SOFR plus 2.10%), 3/25/42(2) | 1,067,265 | 1,055,226 | |||||||||
| 1,514,258 | |||||||||||
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $49,006,441) | 44,474,257 | ||||||||||
| COLLATERALIZED LOAN OBLIGATIONS — 5.3% | |||||||||||
Ares XXXIX CLO Ltd., Series 2016-39A, Class BR2, VRN, 4.34%, (3-month LIBOR plus 1.60%), 4/18/31(2) | 3,500,000 | 3,281,944 | |||||||||
BDS Ltd., Series 2020-FL6, Class C, VRN, 4.65%, (30-day average SOFR plus 2.36%), 9/15/35(2) | 2,384,500 | 2,308,158 | |||||||||
Bean Creek CLO Ltd., Series 2015-1A, Class AR, VRN, 3.73%, (3-month LIBOR plus 1.02%), 4/20/31(2) | 1,750,000 | 1,703,602 | |||||||||
BXMT Ltd., Series 2020-FL2, Class B, VRN, 4.44%, (1-month SOFR plus 1.51%), 2/15/38(2) | 2,400,000 | 2,315,274 | |||||||||
Carlyle Global Market Strategies CLO Ltd., Series 2012-4A, Class CR3, VRN, 5.36%, (3-month LIBOR plus 2.60%), 4/22/32(2) | 1,700,000 | 1,569,529 | |||||||||
Dryden Senior Loan Fund, Series 2016-43A, Class B2R2, 3.09%, 4/20/34(2) | 3,000,000 | 2,525,778 | |||||||||
Goldentree Loan Opportunities X Ltd., Series 2015-10A, Class AR, VRN, 3.83%, (3-month LIBOR plus 1.12%), 7/20/31(2) | 1,700,000 | 1,658,863 | |||||||||
KKR CLO Ltd., Series 2022A, Class A, VRN, 3.86%, (3-month LIBOR plus 1.15%), 7/20/31(2) | 2,250,000 | 2,188,375 | |||||||||
KKR Static CLO I Ltd., Series 2022-1A, Class B, VRN, 5.08%, (3-month SOFR plus 2.60%), 7/20/31(2) | 2,200,000 | 2,104,093 | |||||||||
Magnetite XXIX Ltd., Series 2021-29A, Class B, VRN, 3.91%, (3-month LIBOR plus 1.40%), 1/15/34(2) | 2,600,000 | 2,456,116 | |||||||||
Marathon CLO Ltd., Series 2021-17A, Class B2, 4.03%, 1/20/35(2) | 3,000,000 | 2,400,895 | |||||||||
MF1 Ltd., Series 2021-FL7, Class AS, VRN, 4.44%, (1-month LIBOR plus 1.45%), 10/16/36(2) | 812,000 | 777,340 | |||||||||
Palmer Square CLO Ltd., Series 2014-1A, Class A1R2, VRN, 3.87%, (3-month LIBOR plus 1.13%), 1/17/31(2) | 1,250,000 | 1,229,604 | |||||||||
Rockford Tower CLO Ltd., Series 2020-1A, Class B, VRN, 4.51%, (3-month LIBOR plus 1.80%), 1/20/32(2) | 1,800,000 | 1,691,089 | |||||||||
Shelter Growth Issuer Ltd., Series 2022-FL4, Class A, VRN, 5.32%, (1-month SOFR plus 2.30%), 6/17/37(2) | 2,000,000 | 1,978,295 | |||||||||
Stratus CLO Ltd., Series 2021-1A, Class A, VRN, 3.51%, (3-month LIBOR plus 0.80%), 12/29/29(2) | 1,387,652 | 1,356,183 | |||||||||
Wellfleet CLO Ltd., Series 2022-1A, Class B2, 4.78%, 4/15/34(2) | 2,000,000 | 1,834,090 | |||||||||
TOTAL COLLATERALIZED LOAN OBLIGATIONS (Cost $35,660,194) | 33,379,228 | ||||||||||
| ASSET-BACKED SECURITIES — 4.7% | |||||||||||
Aligned Data Centers Issuer LLC, Series 2021-1A, Class B, 2.48%, 8/15/46(2) | 3,600,000 | 3,008,339 | |||||||||
Blackbird Capital Aircraft, Series 2021-1A, Class A SEQ, 2.44%, 7/15/46(2) | 1,231,956 | 996,734 | |||||||||
BRE Grand Islander Timeshare Issuer LLC, Series 2017-1A, Class A SEQ, 2.94%, 5/25/29(2) | 246,078 | 237,724 | |||||||||
Cologix Canadian Issuer LP, Series 2022-1CAN, Class A2 SEQ, 4.94%, 1/25/52(2) | CAD | 2,950,000 | 1,973,304 | ||||||||
FirstKey Homes Trust, Series 2020-SFR2, Class D, 1.97%, 10/19/37(2) | $ | 1,500,000 | 1,335,764 | ||||||||
Global SC Finance VII Srl, Series 2020-1A, Class A SEQ, 2.17%, 10/17/40(2) | 1,399,751 | 1,251,991 | |||||||||
Global SC Finance VII Srl, Series 2021-1A, Class A, SEQ, 1.86%, 4/17/41(2) | 2,149,308 | 1,848,376 | |||||||||
Global SC Finance VII Srl, Series 2021-2A, Class A SEQ, 1.95%, 8/17/41(2) | 1,082,156 | 936,613 | |||||||||
Goodgreen Trust, Series 2020-1A, Class A SEQ, 2.63%, 4/15/55(2) | 1,105,694 | 895,465 | |||||||||
Goodgreen Trust, Series 2021-1A, Class A SEQ, 2.66%, 10/15/56(2) | 722,188 | 633,764 | |||||||||
Hilton Grand Vacations Trust, Series 2017-AA, Class A SEQ, 2.66%, 12/26/28(2) | 686,487 | 675,755 | |||||||||
Hilton Grand Vacations Trust, Series 2019-AA, Class B, 2.54%, 7/25/33(2) | 1,171,286 | 1,094,784 | |||||||||
Mosaic Solar Loan Trust, Series 2021-1A, Class A SEQ, 1.51%, 12/20/46(2) | 1,757,481 | 1,374,053 | |||||||||
Progress Residential Trust, Series 2021-SFR1, Class D, 1.81%, 4/17/38(2) | 1,500,000 | 1,264,827 | |||||||||
Progress Residential Trust, Series 2021-SFR2, Class C, 2.00%, 4/19/38(2) | 7,625,000 | 6,484,649 | |||||||||
Progress Residential Trust, Series 2021-SFR8, Class E1, 2.38%, 10/17/38(2) | 800,000 | 668,420 | |||||||||
ServiceMaster Funding LLC, Series 2020-1, Class A2I SEQ, 2.84%, 1/30/51(2) | 1,846,875 | 1,512,335 | |||||||||
Sierra Timeshare Receivables Funding LLC, Series 2019-3A, Class B, 2.75%, 8/20/36(2) | 1,507,405 | 1,417,965 | |||||||||
Sierra Timeshare Receivables Funding LLC, Series 2021-1A, Class B, 1.34%, 11/20/37(2) | 2,523,618 | 2,342,633 | |||||||||
TOTAL ASSET-BACKED SECURITIES (Cost $34,647,069) | 29,953,495 | ||||||||||
| COMMERCIAL MORTGAGE-BACKED SECURITIES — 2.4% | |||||||||||
BX Commercial Mortgage Trust, Series 2020-VIVA, Class D, VRN, 3.67%, 3/11/44(2) | 2,113,000 | 1,582,961 | |||||||||
BX Commercial Mortgage Trust, Series 2021-VOLT, Class E, VRN, 4.82%, (1-month LIBOR plus 2.00%), 9/15/36(2) | 1,900,000 | 1,758,090 | |||||||||
BX Commercial Mortgage Trust, Series 2021-VOLT, Class F, VRN, 5.22%, (1-month LIBOR plus 2.40%), 9/15/36(2) | 2,200,000 | 2,030,520 | |||||||||
Credit Suisse Mortgage Capital Certificates, Series 2019-ICE4, Class B, VRN, 4.05%, (1-month LIBOR plus 1.23%), 5/15/36(2) | 1,375,000 | 1,348,990 | |||||||||
Credit Suisse Mortgage Capital Certificates, Series 2019-ICE4, Class D, VRN, 4.42%, (1-month LIBOR plus 1.60%), 5/15/36(2) | 3,306,000 | 3,210,409 | |||||||||
Extended Stay America Trust, Series 2021-ESH, Class E, VRN, 5.67%, (1-month LIBOR plus 2.85%), 7/15/38(2) | 2,586,084 | 2,464,510 | |||||||||
J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2018-AON, Class A SEQ, 4.13%, 7/5/31(2) | 3,055,000 | 2,985,480 | |||||||||
TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES (Cost $16,599,576) | 15,380,960 | ||||||||||
| MUNICIPAL SECURITIES — 0.2% | |||||||||||
Golden State Tobacco Securitization Corp. Rev., 2.75%, 6/1/34 (Cost $1,126,035) | 1,120,000 | 882,384 | |||||||||
| SHORT-TERM INVESTMENTS — 3.5% | |||||||||||
| Repurchase Agreements — 3.5% | |||||||||||
| BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 0.625% - 4.625%, 1/15/25 - 5/15/47, valued at $3,752,278), in a joint trading account at 2.86%, dated 9/30/22, due 10/3/22 (Delivery value $3,689,375) | 3,688,496 | ||||||||||
| Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 1.00%, 7/31/28, valued at $18,819,022), at 2.95%, dated 9/30/22, due 10/3/22 (Delivery value $18,454,536) | 18,450,000 | ||||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $22,138,496) | 22,138,496 | ||||||||||
TOTAL INVESTMENT SECURITIES — 98.7% (Cost $706,625,556) | 625,140,417 | ||||||||||
| OTHER ASSETS AND LIABILITIES — 1.3% | 8,216,687 | ||||||||||
| TOTAL NET ASSETS — 100.0% | $ | 633,357,104 | |||||||||
| FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS | ||||||||||||||||||||
| Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||||||||||||||||
| USD | 2,106,258 | CAD | 2,746,719 | Goldman Sachs & Co. | 12/15/22 | $ | 117,357 | |||||||||||||
| FUTURES CONTRACTS PURCHASED | ||||||||||||||
| Reference Entity | Contracts | Expiration Date | Notional Amount | Unrealized Appreciation (Depreciation)^ | ||||||||||
| U.S. Treasury 10-Year Notes | 166 | December 2022 | $ | 18,602,375 | $ | (633,566) | ||||||||
| U.S. Treasury 5-Year Notes | 102 | December 2022 | 10,965,797 | (233,918) | ||||||||||
| U.S. Treasury Ultra Bonds | 3 | December 2022 | 411,000 | (38,349) | ||||||||||
| $ | 29,979,172 | $ | (905,833) | |||||||||||
^Amount represents value and unrealized appreciation (depreciation).
| CENTRALLY CLEARED TOTAL RETURN SWAP AGREEMENTS | |||||||||||||||||||||||
| Floating Rate Index | Pay/Receive Floating Rate Index at Termination | Fixed Rate | Termination Date | Notional Amount | Premiums Paid (Received) | Unrealized Appreciation (Depreciation) | Value | ||||||||||||||||
| CPURNSA | Receive | 2.21% | 1/19/24 | $ | 22,000,000 | $ | 575 | $ | 2,107,223 | $ | 2,107,798 | ||||||||||||
| CPURNSA | Receive | 2.27% | 1/26/24 | $ | 5,000,000 | 517 | 470,105 | 470,622 | |||||||||||||||
| CPURNSA | Receive | 1.78% | 6/6/24 | $ | 19,000,000 | (654) | 2,132,256 | 2,131,602 | |||||||||||||||
| CPURNSA | Receive | 1.71% | 6/20/24 | $ | 12,600,000 | (601) | 1,441,042 | 1,440,441 | |||||||||||||||
| CPURNSA | Receive | 1.86% | 7/30/24 | $ | 12,500,000 | (601) | 1,332,596 | 1,331,995 | |||||||||||||||
| CPURNSA | Receive | 1.86% | 8/1/24 | $ | 13,600,000 | (610) | 1,451,168 | 1,450,558 | |||||||||||||||
| CPURNSA | Receive | 1.08% | 6/4/25 | $ | 4,000,000 | 524 | 612,581 | 613,105 | |||||||||||||||
| CPURNSA | Receive | 2.24% | 1/12/26 | $ | 9,000,000 | 555 | 881,341 | 881,896 | |||||||||||||||
| CPURNSA | Receive | 2.70% | 8/27/26 | $ | 15,000,000 | 592 | 765,434 | 766,026 | |||||||||||||||
| CPURNSA | Receive | 2.15% | 11/20/27 | $ | 5,000,000 | (554) | 508,892 | 508,338 | |||||||||||||||
| CPURNSA | Receive | 2.31% | 3/28/28 | $ | 11,500,000 | (624) | 935,746 | 935,122 | |||||||||||||||
| CPURNSA | Receive | 1.80% | 10/21/29 | $ | 6,100,000 | (566) | 799,821 | 799,255 | |||||||||||||||
| CPURNSA | Receive | 1.88% | 11/21/29 | $ | 1,000,000 | (516) | 124,645 | 124,129 | |||||||||||||||
| CPURNSA | Receive | 1.87% | 11/25/29 | $ | 5,000,000 | (554) | 626,377 | 625,823 | |||||||||||||||
| CPURNSA | Receive | 1.29% | 5/19/30 | $ | 3,000,000 | 532 | 533,004 | 533,536 | |||||||||||||||
| CPURNSA | Receive | 1.63% | 6/25/30 | $ | 8,000,000 | 586 | 1,273,391 | 1,273,977 | |||||||||||||||
| CPURNSA | Receive | 2.50% | 9/3/31 | $ | 10,000,000 | 608 | 482,394 | 483,002 | |||||||||||||||
| $ | (791) | $ | 16,478,016 | $ | 16,477,225 | ||||||||||||||||||
| TOTAL RETURN SWAP AGREEMENTS | ||||||||||||||||||||
| Counterparty | Floating Rate Index | Pay/Receive Floating Rate Index at Termination | Fixed Rate | Termination Date | Notional Amount | Value* | ||||||||||||||
Bank of America N.A.(3) | CPURNSA | Receive | 2.53% | 8/19/24 | $ | 4,000,000 | $ | 77,024 | ||||||||||||
Bank of America N.A.(3) | CPURNSA | Receive | 1.79% | 8/27/25 | $ | 3,000,000 | 377,010 | |||||||||||||
Bank of America N.A.(3) | CPURNSA | Receive | 2.24% | 4/11/27 | $ | 7,000,000 | 617,106 | |||||||||||||
Bank of America N.A.(3) | CPURNSA | Receive | 2.22% | 4/13/27 | $ | 1,750,000 | 158,135 | |||||||||||||
Bank of America N.A.(3) | CPURNSA | Receive | 2.24% | 4/28/27 | $ | 4,000,000 | 355,385 | |||||||||||||
| Barclays Bank PLC | CPURNSA | Receive | 2.59% | 7/23/24 | $ | 2,300,000 | 28,312 | |||||||||||||
| Barclays Bank PLC | CPURNSA | Receive | 2.39% | 9/19/24 | $ | 6,000,000 | 220,332 | |||||||||||||
| Barclays Bank PLC | CPURNSA | Receive | 2.36% | 9/29/24 | $ | 6,500,000 | 258,760 | |||||||||||||
| Barclays Bank PLC | CPURNSA | Receive | 2.31% | 9/30/24 | $ | 3,600,000 | 165,229 | |||||||||||||
| Barclays Bank PLC | CPURNSA | Receive | 2.90% | 12/21/27 | $ | 15,100,000 | (2,039,027) | |||||||||||||
| Barclays Bank PLC | CPURNSA | Receive | 2.78% | 7/2/44 | $ | 3,600,000 | (466,795) | |||||||||||||
| Goldman Sachs & Co. | CPURNSA | Receive | 1.87% | 5/23/26 | $ | 1,500,000 | 202,852 | |||||||||||||
| Goldman Sachs & Co. | CPURNSA | Receive | 1.92% | 5/31/26 | $ | 13,000,000 | 1,681,920 | |||||||||||||
| Goldman Sachs & Co. | CPURNSA | Receive | 1.77% | 6/16/26 | $ | 12,500,000 | 1,797,090 | |||||||||||||
| Goldman Sachs & Co. | CPURNSA | Receive | 2.25% | 11/15/26 | $ | 2,500,000 | 231,342 | |||||||||||||
| Goldman Sachs & Co. | CPURNSA | Receive | 2.28% | 11/16/26 | $ | 2,500,000 | 221,992 | |||||||||||||
| $ | 3,886,667 | |||||||||||||||||||
*Amount represents value and unrealized appreciation (depreciation).
| NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
| CAD | - | Canadian Dollar | ||||||
| CPURNSA | - | U.S. Consumer Price Index Urban Consumers Not Seasonally Adjusted Index | ||||||
| FHLMC | - | Federal Home Loan Mortgage Corporation | ||||||
| FNMA | - | Federal National Mortgage Association | ||||||
| LIBOR | - | London Interbank Offered Rate | ||||||
| SEQ | - | Sequential Payer | ||||||
| SOFR | - | Secured Overnight Financing Rate | ||||||
| USD | - | United States Dollar | ||||||
| VRN | - | Variable Rate Note. The rate adjusts periodically based upon the terms set forth in the security’s offering documents. The rate shown is effective at the period end and the reference rate and spread, if any, is indicated. The security's effective maturity date may be shorter than the final maturity date shown. | ||||||
†Category is less than 0.05% of total net assets.
(1)Security, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward foreign currency exchange contracts, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $7,332,103.
(2)Security was purchased pursuant to Rule 144A or Section 4(2) under the Securities Act of 1933 and may be sold in transactions exempt from registration, normally to qualified institutional investors. The aggregate value of these securities at the period end was $134,906,721, which represented 21.3% of total net assets.
(3)Collateral has been received at the custodian for collateral requirements on swap agreements. At the period end, the aggregate value of securities received was $1,793,771.
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.
Fixed income securities are valued at the evaluated mean as provided by independent pricing services or at the mean of the most recent bid and asked prices as provided by investment dealers. Corporate bonds, U.S. Treasury and Government Agency securities, convertible bonds, municipal securities, and sovereign governments and agencies are valued using market models that consider trade data, quotations from dealers and active market makers, relevant yield curve and spread data, creditworthiness, trade data or market information on comparable securities, and other relevant security specific information. Mortgage-related and asset-backed securities are valued based on models that consider trade data, prepayment and default projections, benchmark yield and spread data and estimated cash flows of each tranche of the issuer. Collateralized loan obligations are valued based on discounted cash flow models that consider trade and economic data, prepayment assumptions and default projections. Commercial paper is valued using a curve-based approach that considers money market rates for specific instruments, programs, currencies and maturity points from a variety of active market makers. Fixed income 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.
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. Repurchase agreements are valued at cost, which approximates fair value. Exchange-traded futures contracts are valued at the settlement price as provided by the appropriate exchange. Swap agreements are valued at an evaluated mean as provided by independent pricing services or independent brokers. Forward foreign currency exchange contracts are valued at the mean of the appropriate forward exchange rate at the close of the NYSE as provided by an independent pricing service.
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 | |||||||||||
| U.S. Treasury Securities | — | 336,838,476 | — | ||||||||
| Corporate Bonds | — | 90,586,218 | — | ||||||||
| U.S. Government Agency Securities | — | 51,506,903 | — | ||||||||
| Collateralized Mortgage Obligations | — | 44,474,257 | — | ||||||||
| Collateralized Loan Obligations | — | 33,379,228 | — | ||||||||
| Asset-Backed Securities | — | 29,953,495 | — | ||||||||
| Commercial Mortgage-Backed Securities | — | 15,380,960 | — | ||||||||
| Municipal Securities | — | 882,384 | — | ||||||||
| Short-Term Investments | — | 22,138,496 | — | ||||||||
| — | 625,140,417 | — | |||||||||
| Other Financial Instruments | |||||||||||
| Swap Agreements | — | 22,869,714 | — | ||||||||
| Forward Foreign Currency Exchange Contracts | — | 117,357 | — | ||||||||
| — | 22,987,071 | — | |||||||||
| Liabilities | |||||||||||
| Other Financial Instruments | |||||||||||
| Futures Contracts | 905,833 | — | — | ||||||||
| Swap Agreements | — | 2,505,822 | — | ||||||||
| 905,833 | 2,505,822 | — | |||||||||
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.