American Century Investments®
Quarterly Portfolio Holdings
NT International Small-Mid Cap Fund
August 31, 2021
NT International Small-Mid Cap - Schedule of Investments | ||
AUGUST 31, 2021 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
COMMON STOCKS — 99.5% | ||||||||
Australia — 5.0% | ||||||||
carsales.com Ltd. | 260,796 | 4,761,012 | ||||||
Corporate Travel Management Ltd.(1)(2) | 280,104 | 4,614,399 | ||||||
IDP Education Ltd. | 268,019 | 5,627,288 | ||||||
Mineral Resources Ltd. | 100,904 | 4,013,928 | ||||||
NEXTDC Ltd.(1) | 351,800 | 3,394,641 | ||||||
OZ Minerals Ltd. | 268,297 | 4,584,889 | ||||||
Seven Group Holdings Ltd.(2) | 161,979 | 2,501,412 | ||||||
29,497,569 | ||||||||
Austria — 1.1% | ||||||||
ANDRITZ AG | 114,682 | 6,598,737 | ||||||
Belgium — 1.6% | ||||||||
D'ieteren Group | 58,518 | 9,144,064 | ||||||
Canada — 12.9% | ||||||||
Alamos Gold, Inc. (New York), Class A | 367,022 | 2,899,474 | ||||||
BRP, Inc. | 70,516 | 5,908,331 | ||||||
Canadian Western Bank | 206,697 | 6,058,459 | ||||||
Colliers International Group, Inc. (Toronto) | 55,799 | 7,770,685 | ||||||
Descartes Systems Group, Inc. (The)(1) | 93,881 | 7,360,020 | ||||||
FirstService Corp. | 23,246 | 4,317,364 | ||||||
goeasy Ltd.(2) | 59,071 | 9,166,505 | ||||||
Kinaxis, Inc.(1) | 30,780 | 4,993,501 | ||||||
Nuvei Corp.(1) | 54,839 | 7,088,489 | ||||||
TFI International, Inc. | 58,938 | 6,659,226 | ||||||
Tricon Residential, Inc. | 583,060 | 7,412,739 | ||||||
Whitecap Resources, Inc.(2) | 1,306,879 | 5,603,944 | ||||||
75,238,737 | ||||||||
Denmark — 3.6% | ||||||||
ALK-Abello A/S(1) | 14,059 | 6,872,067 | ||||||
Jyske Bank A/S(1) | 91,763 | 4,005,825 | ||||||
Pandora A/S | 36,377 | 4,360,297 | ||||||
Royal Unibrew A/S | 43,121 | 5,570,684 | ||||||
20,808,873 | ||||||||
Finland — 2.0% | ||||||||
Metso Outotec Oyj | 511,046 | 5,464,852 | ||||||
Musti Group Oyj(1) | 153,949 | 6,241,870 | ||||||
11,706,722 | ||||||||
France — 7.5% | ||||||||
Alten SA | 40,595 | 6,696,308 | ||||||
APERAM SA | 94,599 | 5,803,755 | ||||||
Criteo SA, ADR(1) | 86,491 | 3,246,007 | ||||||
Elis SA(1) | 281,379 | 4,986,407 | ||||||
Euronext NV | 28,872 | 3,350,436 | ||||||
Nexans SA | 81,176 | 8,136,913 | ||||||
SOITEC(1) | 24,348 | 5,831,523 | ||||||
Wendel SE | 39,425 | 5,721,186 | ||||||
43,772,535 | ||||||||
Germany — 1.4% | ||||||||
AIXTRON SE | 28,375 | 818,833 | ||||||
Dermapharm Holding SE | 60,537 | 5,620,683 |
flatexDEGIRO AG(1) | 17,358 | 1,803,547 | ||||||
8,243,063 | ||||||||
Hong Kong — 0.3% | ||||||||
Man Wah Holdings Ltd. | 944,800 | 1,765,399 | ||||||
Ireland — 2.3% | ||||||||
AIB Group plc(1) | 2,418,074 | 7,265,620 | ||||||
Glanbia plc | 335,291 | 5,985,963 | ||||||
13,251,583 | ||||||||
Israel — 4.1% | ||||||||
Inmode Ltd.(1) | 73,333 | 9,597,823 | ||||||
Kornit Digital Ltd.(1) | 49,567 | 6,462,050 | ||||||
Nova Ltd.(1) | 77,178 | 7,806,555 | ||||||
23,866,428 | ||||||||
Italy — 2.9% | ||||||||
Autogrill SpA(1) | 716,327 | 5,371,356 | ||||||
MARR SpA(1) | 197,231 | 4,778,773 | ||||||
Sesa SpA(1) | 33,929 | 6,768,336 | ||||||
16,918,465 | ||||||||
Japan — 17.0% | ||||||||
Amvis Holdings, Inc. | 63,900 | 4,541,680 | ||||||
Asics Corp. | 256,900 | 5,444,926 | ||||||
BayCurrent Consulting, Inc. | 4,700 | 2,331,395 | ||||||
en Japan, Inc. | 121,100 | 4,090,630 | ||||||
Food & Life Cos. Ltd. | 165,300 | 7,095,005 | ||||||
Hennge KK(1) | 8,500 | 372,860 | ||||||
IHI Corp.(1) | 276,100 | 6,138,740 | ||||||
IR Japan Holdings Ltd. | 26,900 | 3,211,148 | ||||||
Isetan Mitsukoshi Holdings Ltd. | 86,700 | 580,653 | ||||||
Japan Hotel REIT Investment Corp. | 5,029 | 2,969,137 | ||||||
JTOWER, Inc.(1) | 27,300 | 2,250,505 | ||||||
m-up Holdings, Inc. | 88,500 | 2,451,471 | ||||||
Matsumotokiyoshi Holdings Co. Ltd. | 125,100 | 5,785,875 | ||||||
Nextage Co. Ltd. | 310,200 | 6,166,561 | ||||||
Nippon Gas Co. Ltd. | 444,900 | 6,315,093 | ||||||
Open House Co. Ltd. | 193,600 | 9,404,092 | ||||||
Outsourcing, Inc. | 289,600 | 4,936,842 | ||||||
Relo Group, Inc. | 127,600 | 2,853,157 | ||||||
Sanwa Holdings Corp. | 421,100 | 5,592,524 | ||||||
Tsubaki Nakashima Co. Ltd. | 350,700 | 4,924,162 | ||||||
Ushio, Inc. | 221,400 | 4,000,047 | ||||||
Zenkoku Hosho Co. Ltd. | 143,300 | 6,816,480 | ||||||
Zeon Corp. | 74,300 | 984,762 | ||||||
99,257,745 | ||||||||
Netherlands — 5.2% | ||||||||
Accell Group NV(1) | 85,951 | 4,099,062 | ||||||
Arcadis NV | 161,452 | 7,994,329 | ||||||
ASM International NV | 8,111 | 3,147,008 | ||||||
Basic-Fit NV(1)(2) | 99,635 | 4,652,910 | ||||||
BE Semiconductor Industries NV | 77,001 | 7,006,874 | ||||||
Corbion NV | 25,105 | 1,351,004 | ||||||
OCI NV(1) | 87,690 | 2,138,465 | ||||||
30,389,652 | ||||||||
Norway — 2.2% | ||||||||
Bakkafrost P/F | 96,709 | 8,498,527 | ||||||
Storebrand ASA | 520,696 | 4,623,336 | ||||||
13,121,863 | ||||||||
Spain — 0.8% | ||||||||
Laboratorios Farmaceuticos Rovi SA | 75,603 | 4,730,334 | ||||||
Sweden — 6.9% | ||||||||
AddTech AB, B Shares(2) | 204,510 | 4,292,905 | ||||||
Arjo AB, B Shares | 478,876 | 6,143,339 | ||||||
BHG Group AB(1) | 37,767 | 639,192 | ||||||
Elekta AB, B Shares(2) | 161,041 | 2,018,953 | ||||||
Fastighets AB Balder, B Shares(1) | 69,259 | 4,956,739 | ||||||
Lifco AB, B Shares | 216,522 | 6,409,704 | ||||||
Loomis AB | 188,607 | 5,855,982 | ||||||
Nordic Entertainment Group AB, B Shares(1) | 102,055 | 5,928,656 | ||||||
Storytel AB(1)(2) | 51,389 | 1,174,796 | ||||||
Trelleborg AB, B Shares | 120,309 | 2,928,969 | ||||||
40,349,235 | ||||||||
Switzerland — 3.9% | ||||||||
Comet Holding AG | 16,107 | 6,113,407 | ||||||
DKSH Holding AG | 67,670 | 5,277,663 | ||||||
SIG Combibloc Group AG(1) | 262,005 | 8,020,696 | ||||||
Zur Rose Group AG(1) | 8,125 | 3,491,297 | ||||||
22,903,063 | ||||||||
United Kingdom — 18.8% | ||||||||
Diploma plc | 173,550 | 7,321,050 | ||||||
Dr. Martens plc(1) | 519,143 | 3,027,016 | ||||||
Electrocomponents plc | 525,720 | 7,693,167 | ||||||
Endava plc, ADR(1) | 55,837 | 7,476,574 | ||||||
Future plc | 176,093 | 9,324,272 | ||||||
Grafton Group plc | 534,205 | 10,265,689 | ||||||
Greggs plc(1) | 210,081 | 8,763,440 | ||||||
Howden Joinery Group plc | 658,952 | 8,571,574 | ||||||
Intermediate Capital Group plc | 315,817 | 9,550,143 | ||||||
Marks & Spencer Group plc(1) | 1,439,730 | 3,558,858 | ||||||
Pets at Home Group plc | 1,055,945 | 7,271,436 | ||||||
Savills plc | 257,169 | 4,832,184 | ||||||
Tritax Big Box REIT plc | 2,384,445 | 7,772,460 | ||||||
Virgin Money UK plc(1) | 1,506,579 | 4,380,868 | ||||||
Watches of Switzerland Group plc(1) | 521,225 | 7,282,095 | ||||||
WH Smith plc(1) | 120,971 | 2,718,973 | ||||||
109,809,799 | ||||||||
TOTAL COMMON STOCKS (Cost $431,046,495) | 581,373,866 | |||||||
TEMPORARY CASH INVESTMENTS — 0.5% | ||||||||
Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 2.25% - 2.75%, 1/31/24 - 8/31/25, valued at $930,120), in a joint trading account at 0.02%, dated 8/31/21, due 9/1/21 (Delivery value $911,551) | 911,550 | |||||||
Repurchase Agreement, Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 1.125%, 5/15/40, valued at $2,323,625), at 0.02%, dated 8/31/21, due 9/1/21 (Delivery value $2,278,001) | 2,278,000 | |||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 45,981 | 45,981 | ||||||
TOTAL TEMPORARY CASH INVESTMENTS (Cost $3,235,531) | 3,235,531 | |||||||
TEMPORARY CASH INVESTMENTS - SECURITIES LENDING COLLATERAL(3) — 2.4% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio (Cost $13,777,188) | 13,777,188 | 13,777,188 | ||||||
TOTAL INVESTMENT SECURITIES — 102.4% (Cost $448,059,214) | 598,386,585 | |||||||
OTHER ASSETS AND LIABILITIES — (2.4)% | (14,023,753) | |||||||
TOTAL NET ASSETS — 100.0% | $ | 584,362,832 |
MARKET SECTOR DIVERSIFICATION | |||||
(as a % of net assets) | |||||
Industrials | 24.6% | ||||
Consumer Discretionary | 19.3% | ||||
Information Technology | 13.2% | ||||
Financials | 10.9% | ||||
Real Estate | 7.3% | ||||
Health Care | 6.9% | ||||
Consumer Staples | 5.8% | ||||
Materials | 5.2% | ||||
Communication Services | 4.2% | ||||
Utilities | 1.1% | ||||
Energy | 1.0% | ||||
Temporary Cash Investments | 0.5% | ||||
Temporary Cash Investments - Securities Lending Collateral | 2.4% | ||||
Other Assets and Liabilities | (2.4)% |
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 $20,070,856. 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 $21,093,175, which includes securities collateral of $7,315,987.
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 | |||||||||||
Canada | 2,899,474 | 72,339,263 | — | ||||||||
France | 3,246,007 | 40,526,528 | — | ||||||||
Israel | 23,866,428 | — | — | ||||||||
United Kingdom | 7,476,574 | 102,333,225 | — | ||||||||
Other Countries | — | 328,686,367 | — | ||||||||
Temporary Cash Investments | 45,981 | 3,189,550 | — | ||||||||
Temporary Cash Investments - Securities Lending Collateral | 13,777,188 | — | — | ||||||||
51,311,652 | 547,074,933 | — |
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.