American Century Investments®
Quarterly Portfolio Holdings
Equity Income Fund
June 30, 2023
| Equity Income - Schedule of Investments | ||
| JUNE 30, 2023 (UNAUDITED) | ||
Shares/ Principal Amount ($) | Value ($) | |||||||
| COMMON STOCKS — 81.2% | ||||||||
| Aerospace and Defense — 2.9% | ||||||||
| Raytheon Technologies Corp. | 2,827,690 | 277,000,512 | ||||||
| Air Freight and Logistics — 0.6% | ||||||||
| United Parcel Service, Inc., Class B | 337,987 | 60,584,170 | ||||||
| Banks — 3.3% | ||||||||
Capitol Federal Financial, Inc.(1) | 7,827,638 | 48,296,527 | ||||||
| Commerce Bancshares, Inc. | 624,400 | 30,408,280 | ||||||
| JPMorgan Chase & Co. | 955,186 | 138,922,252 | ||||||
| PNC Financial Services Group, Inc. | 381,399 | 48,037,204 | ||||||
| Truist Financial Corp. | 859,855 | 26,096,599 | ||||||
| U.S. Bancorp | 871,508 | 28,794,624 | ||||||
| 320,555,486 | ||||||||
| Beverages — 2.0% | ||||||||
| PepsiCo, Inc. | 1,056,336 | 195,654,554 | ||||||
| Building Products — 0.4% | ||||||||
| Assa Abloy AB, Class B | 1,481,478 | 35,610,235 | ||||||
| Capital Markets — 4.4% | ||||||||
| AllianceBernstein Holding LP | 1,538,558 | 49,480,025 | ||||||
| Bank of New York Mellon Corp. | 1,078,788 | 48,027,642 | ||||||
| BlackRock, Inc. | 135,874 | 93,907,956 | ||||||
| Charles Schwab Corp. | 1,358,755 | 77,014,234 | ||||||
| Northern Trust Corp. | 624,000 | 46,263,360 | ||||||
| T. Rowe Price Group, Inc. | 983,367 | 110,156,771 | ||||||
| 424,849,988 | ||||||||
| Chemicals — 2.7% | ||||||||
| Akzo Nobel NV | 1,105,163 | 90,350,573 | ||||||
| Linde PLC | 458,639 | 174,778,150 | ||||||
| 265,128,723 | ||||||||
| Commercial Services and Supplies — 1.1% | ||||||||
| Republic Services, Inc. | 710,473 | 108,823,149 | ||||||
| Communications Equipment — 1.7% | ||||||||
| Cisco Systems, Inc. | 3,124,712 | 161,672,599 | ||||||
| Consumer Staples Distribution & Retail — 2.3% | ||||||||
| Koninklijke Ahold Delhaize NV | 2,749,671 | 93,744,572 | ||||||
| Walmart, Inc. | 828,417 | 130,210,584 | ||||||
| 223,955,156 | ||||||||
| Containers and Packaging — 1.5% | ||||||||
| Amcor PLC | 4,812,039 | 48,024,149 | ||||||
| Packaging Corp. of America | 762,915 | 100,826,847 | ||||||
| 148,850,996 | ||||||||
| Diversified Telecommunication Services — 2.0% | ||||||||
| Verizon Communications, Inc. | 5,105,320 | 189,866,851 | ||||||
| Electric Utilities — 1.7% | ||||||||
| Duke Energy Corp. | 1,077,223 | 96,669,992 | ||||||
| Eversource Energy | 954,016 | 67,658,815 | ||||||
| 164,328,807 | ||||||||
| Electrical Equipment — 1.6% | ||||||||
| Emerson Electric Co. | 656,938 | 59,380,626 | ||||||
| Hubbell, Inc. | 144,357 | 47,863,007 | ||||||
| Legrand SA | 480,080 | 47,625,785 | ||||||
| 154,869,418 | ||||||||
| Electronic Equipment, Instruments and Components — 2.3% | ||||||||
| Corning, Inc. | 3,889,360 | 136,283,175 | ||||||
| TE Connectivity Ltd. | 588,533 | 82,488,785 | ||||||
| 218,771,960 | ||||||||
| Energy Equipment and Services — 0.4% | ||||||||
| Baker Hughes Co. | 1,063,728 | 33,624,442 | ||||||
| Food Products — 4.0% | ||||||||
| Hershey Co. | 419,574 | 104,767,628 | ||||||
| Mondelez International, Inc., Class A | 2,634,620 | 192,169,183 | ||||||
| Nestle SA | 756,864 | 91,044,322 | ||||||
| 387,981,133 | ||||||||
| Gas Utilities — 5.1% | ||||||||
| Atmos Energy Corp. | 1,357,593 | 157,942,370 | ||||||
| ONE Gas, Inc. | 2,168,696 | 166,577,540 | ||||||
| Spire, Inc. | 2,649,858 | 168,106,991 | ||||||
| 492,626,901 | ||||||||
| Ground Transportation — 1.7% | ||||||||
| Norfolk Southern Corp. | 731,835 | 165,950,905 | ||||||
| Health Care Equipment and Supplies — 6.2% | ||||||||
| Becton Dickinson & Co. | 782,145 | 206,494,101 | ||||||
| Medtronic PLC | 4,449,285 | 391,982,009 | ||||||
| 598,476,110 | ||||||||
| Health Care Providers and Services — 1.7% | ||||||||
| Quest Diagnostics, Inc. | 652,311 | 91,688,834 | ||||||
| UnitedHealth Group, Inc. | 143,096 | 68,777,662 | ||||||
| 160,466,496 | ||||||||
| Household Products — 5.2% | ||||||||
| Colgate-Palmolive Co. | 2,593,623 | 199,812,716 | ||||||
| Henkel AG & Co. KGaA, Preference Shares | 417,128 | 33,360,342 | ||||||
| Kimberly-Clark Corp. | 1,248,478 | 172,364,872 | ||||||
| Procter & Gamble Co. | 635,704 | 96,461,725 | ||||||
| 501,999,655 | ||||||||
| Insurance — 4.3% | ||||||||
| Aflac, Inc. | 703,002 | 49,069,540 | ||||||
| Allstate Corp. | 927,285 | 101,111,156 | ||||||
| Chubb Ltd. | 277,084 | 53,355,295 | ||||||
| Marsh & McLennan Cos., Inc. | 851,629 | 160,174,382 | ||||||
| Reinsurance Group of America, Inc. | 350,598 | 48,624,437 | ||||||
| 412,334,810 | ||||||||
| Media — 0.5% | ||||||||
| Omnicom Group, Inc. | 554,619 | 52,771,998 | ||||||
| Oil, Gas and Consumable Fuels — 6.6% | ||||||||
| Chevron Corp. | 794,963 | 125,087,428 | ||||||
| Enterprise Products Partners LP | 6,417,363 | 169,097,515 | ||||||
| Exxon Mobil Corp. | 2,444,155 | 262,135,624 | ||||||
| TotalEnergies SE | 1,441,866 | 82,769,773 | ||||||
| 639,090,340 | ||||||||
| Personal Care Products — 2.2% | ||||||||
Kenvue, Inc.(2) | 1,580,970 | 41,769,227 | ||||||
| Unilever PLC | 3,186,022 | 166,061,427 | ||||||
| 207,830,654 | ||||||||
| Pharmaceuticals — 7.8% | ||||||||
| Johnson & Johnson | 3,013,905 | 498,861,556 | ||||||
| Roche Holding AG | 665,930 | 203,421,574 | ||||||
| Sanofi, ADR | 938,002 | 50,558,308 | ||||||
| 752,841,438 | ||||||||
| Professional Services — 2.3% | ||||||||
| Automatic Data Processing, Inc. | 1,005,243 | 220,942,359 | ||||||
| Semiconductors and Semiconductor Equipment — 1.0% | ||||||||
| Texas Instruments, Inc. | 537,513 | 96,763,090 | ||||||
| Specialized REITs — 1.4% | ||||||||
| American Tower Corp. | 348,060 | 67,502,756 | ||||||
| Public Storage | 225,125 | 65,709,485 | ||||||
| 133,212,241 | ||||||||
| Trading Companies and Distributors — 0.3% | ||||||||
| Bunzl PLC | 772,718 | 29,446,765 | ||||||
TOTAL COMMON STOCKS (Cost $6,194,311,169) | 7,836,881,941 | |||||||
| PREFERRED STOCKS — 8.1% | ||||||||
| Banks — 5.5% | ||||||||
| Bank of America Corp., 6.30% | 94,335,000 | 94,547,254 | ||||||
| Citigroup, Inc., 9.34% | 84,410,000 | 84,916,460 | ||||||
| JPMorgan Chase & Co., 4.60% | 79,179,000 | 74,032,365 | ||||||
| JPMorgan Chase & Co., 5.00% | 117,287,000 | 114,648,043 | ||||||
Truist Financial Corp., 4.95%(3) | 137,343,000 | 127,385,632 | ||||||
| Truist Financial Corp., 5.10% | 39,647,000 | 34,492,890 | ||||||
| 530,022,644 | ||||||||
| Capital Markets — 2.6% | ||||||||
| Bank of New York Mellon Corp., 4.70% | 78,640,000 | 76,575,700 | ||||||
| Charles Schwab Corp., 4.00% | 66,830,000 | 54,399,620 | ||||||
Charles Schwab Corp., 5.375%(3) | 123,987,000 | 119,116,790 | ||||||
| 250,092,110 | ||||||||
TOTAL PREFERRED STOCKS (Cost $817,248,614) | 780,114,754 | |||||||
| EQUITY-LINKED NOTES — 3.3% | ||||||||
| Chemicals — 0.2% | ||||||||
Merrill Lynch International & Co. C.V., (convertible into Linde PLC), 5.35%, 1/3/24(4)(5) | 50,893 | 19,056,884 | ||||||
| Consumer Staples Distribution & Retail — 0.4% | ||||||||
Citigroup Global Markets Holdings, Inc., (convertible into Dollar Tree, Inc.), 11.64%, 7/24/23(4) | 134,766 | 19,840,925 | ||||||
Merrill Lynch International & Co. C.V., (convertible into Target Corp.), 12.44%, 1/3/24(4)(5) | 137,097 | 18,036,481 | ||||||
| 37,877,406 | ||||||||
| Electrical Equipment — 0.2% | ||||||||
UBS AG, (convertible into Emerson Electric Co.), 6.00%, 10/19/23(4) | 203,871 | 18,219,951 | ||||||
| Entertainment — 0.3% | ||||||||
Citigroup Global Markets Holdings, Inc., (convertible into Walt Disney Co.), 15.47%, 7/10/23(4) | 287,024 | 27,387,830 | ||||||
| Financial Services — 1.6% | ||||||||
Goldman Sachs International, (convertible into Berkshire Hathaway, Inc., Class B), 4.37%, 7/27/23(4) | 72,750 | 23,263,631 | ||||||
Goldman Sachs International, (convertible into Berkshire Hathaway, Inc., Class B), 4.99%, 9/6/23(4) | 75,729 | 23,551,341 | ||||||
Goldman Sachs International, (convertible into Berkshire Hathaway, Inc., Class B), 5.82%, 9/13/23(4) | 73,969 | 22,946,293 | ||||||
JPMorgan Chase Bank N.A., (convertible into Berkshire Hathaway, Inc., Class B), 4.96%, 9/19/23(4) | 74,426 | 23,899,677 | ||||||
JPMorgan Chase Bank N.A., (convertible into Berkshire Hathaway, Inc., Class B), 5.75%, 9/19/23(4) | 73,360 | 22,321,981 | ||||||
Merrill Lynch International & Co. C.V., (convertible into Berkshire Hathaway, Inc., Class B), 4.94%, 8/17/23(4) | 59,397 | 18,909,629 | ||||||
Merrill Lynch International & Co. C.V., (convertible into Berkshire Hathaway, Inc., Class B), 5.50%, 11/6/23(4) | 60,530 | 20,414,348 | ||||||
| 155,306,900 | ||||||||
| Food Products — 0.1% | ||||||||
UBS AG, (convertible into Hershey Co.), 5.50%, 10/24/23(4) | 57,869 | 14,958,558 | ||||||
| Semiconductors and Semiconductor Equipment — 0.4% | ||||||||
JPMorgan Chase Bank N.A., (convertible into Applied Materials, Inc.), 17.40%, 8/22/23(4) | 156,544 | 19,464,681 | ||||||
Royal Bank of Canada, (convertible into Teradyne, Inc.), 13.80%, 11/8/23(4) | 174,107 | 16,944,093 | ||||||
| 36,408,774 | ||||||||
| Specialized REITs — 0.1% | ||||||||
Citigroup Global Markets Holdings, Inc., (convertible into Advance Auto Parts, Inc.), 13.12%, 9/7/23(4) | 124,770 | 9,003,403 | ||||||
TOTAL EQUITY-LINKED NOTES (Cost $319,669,368) | 318,219,706 | |||||||
| CONVERTIBLE BONDS — 2.4% | ||||||||
| Hotels, Restaurants and Leisure — 0.7% | ||||||||
| Cracker Barrel Old Country Store, Inc., 0.625%, 6/15/26 | 82,825,000 | 70,608,313 | ||||||
| Passenger Airlines — 0.4% | ||||||||
Southwest Airlines Co., 1.25%, 5/1/25(3) | 30,964,000 | 35,616,341 | ||||||
| Semiconductors and Semiconductor Equipment — 1.3% | ||||||||
Microchip Technology, Inc., 0.125%, 11/15/24(3) | 109,181,000 | 124,056,911 | ||||||
TOTAL CONVERTIBLE BONDS (Cost $233,585,066) | 230,281,565 | |||||||
| EXCHANGE-TRADED FUNDS — 1.6% | ||||||||
iShares Russell 1000 Value ETF (Cost $128,521,374) | 969,631 | 153,036,861 | ||||||
| CONVERTIBLE PREFERRED STOCKS — 1.0% | ||||||||
| Banks — 0.4% | ||||||||
| Bank of America Corp., 7.25% | 32,975 | 38,723,202 | ||||||
| Electric Utilities — 0.6% | ||||||||
| NextEra Energy, Inc., 6.93%, 9/1/25 | 1,287,864 | 58,114,863 | ||||||
TOTAL CONVERTIBLE PREFERRED STOCKS (Cost $108,200,813) | 96,838,065 | |||||||
| SHORT-TERM INVESTMENTS — 3.4% | ||||||||
Discount Notes(6) — 0.6% | ||||||||
| Federal Home Loan Bank Discount Notes, 4.93%, 7/3/23 | 54,428,000 | 54,428,000 | ||||||
| Money Market Funds — 1.3% | ||||||||
State Street Navigator Securities Lending Government Money Market Portfolio(7) | 129,957,473 | 129,957,473 | ||||||
| Repurchase Agreements — 1.5% | ||||||||
| BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 4.25% - 4.50%, 5/15/38 - 11/15/40, valued at $22,668,066), in a joint trading account at 5.02%, dated 6/30/23, due 7/3/23 (Delivery value $22,095,988) | 22,086,748 | |||||||
| Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 4.125%, 11/15/32, valued at $122,153,235), at 5.04%, dated 6/30/23, due 7/3/23 (Delivery value $119,808,298) | 119,758,000 | |||||||
| 141,844,748 | ||||||||
TOTAL SHORT-TERM INVESTMENTS (Cost $326,215,706) | 326,230,221 | |||||||
TOTAL INVESTMENT SECURITIES — 101.0% (Cost $8,127,752,110) | 9,741,603,113 | |||||||
| OTHER ASSETS AND LIABILITIES — (1.0)% | (94,582,754) | |||||||
| TOTAL NET ASSETS — 100.0% | $ | 9,647,020,359 | ||||||
| WRITTEN OPTIONS CONTRACTS | |||||||||||||||||||||||
| Reference Equity | Contracts | Type | Exercise Price | Expiration Date | Underlying Notional Amount | Premiums Received | Value | ||||||||||||||||
| AllianceBernstein Holding LP | 1,014 | Put | $ | 30.00 | 7/21/23 | $ | 3,261,024 | $ | (24,053) | $ | (7,605) | ||||||||||||
| United Parcel Service, Inc. | 581 | Put | 165.00 | 7/21/23 | 10,414,425 | (80,385) | (14,816) | ||||||||||||||||
| $ | (104,438) | $ | (22,421) | ||||||||||||||||||||
| FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS | ||||||||||||||||||||
| Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) | ||||||||||||||||
| CHF | 5,494,850 | USD | 6,188,313 | Morgan Stanley | 9/29/23 | $ | 6,473 | |||||||||||||
| USD | 257,409,082 | CHF | 228,109,493 | Morgan Stanley | 9/29/23 | 242,954 | ||||||||||||||
| USD | 119,358,838 | EUR | 108,787,222 | Bank of America N.A. | 9/29/23 | 141,952 | ||||||||||||||
| USD | 231,494,026 | EUR | 211,186,347 | JPMorgan Chase Bank N.A. | 9/29/23 | 60,793 | ||||||||||||||
| USD | 119,367,650 | EUR | 108,787,222 | Morgan Stanley | 9/29/23 | 150,764 | ||||||||||||||
| USD | 23,676,272 | GBP | 18,632,486 | Bank of America N.A. | 9/29/23 | 8,518 | ||||||||||||||
| USD | 1,036,705 | GBP | 815,667 | Bank of America N.A. | 9/29/23 | 611 | ||||||||||||||
| USD | 29,035,737 | SEK | 309,777,050 | UBS AG | 9/29/23 | 195,368 | ||||||||||||||
| USD | 1,117,033 | SEK | 12,088,861 | UBS AG | 9/29/23 | (8,445) | ||||||||||||||
| $ | 798,988 | |||||||||||||||||||
| NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
| ADR | – | American Depositary Receipt | ||||||
| CHF | – | Swiss Franc | ||||||
| EUR | – | Euro | ||||||
| GBP | – | British Pound | ||||||
| SEK | – | Swedish Krona | ||||||
| USD | – | United States Dollar | ||||||
(1)Affiliated Company: the fund’s holding represents ownership of 5% or more of the voting securities of the company; therefore, the company is affiliated as defined in the Investment Company Act of 1940.
(2)Non-income producing.
(3)Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $128,968,851. 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.
(4)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 $318,219,706, which represented 3.3% of total net assets.
(5)When-issued security. The issue price and yield are fixed on the date of the commitment, but payment and delivery are scheduled for a future date.
(6)The rate indicated is the yield to maturity at purchase for non-interest bearing securities. For interest bearing securities, the stated coupon rate is shown.
(7)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $131,250,556, which includes securities collateral of $1,293,083.
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.
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 and convertible bonds 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.
Hybrid 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. Preferred stocks and convertible preferred stocks with perpetual maturities 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.
Open-end management investment companies are valued at the reported NAV per share. Equity-linked notes are valued at the mean using market models that consider quotations from dealer and active market makers. Repurchase agreements are valued at cost, which approximates fair value. Exchange-traded options contracts are valued at a mean as provided by independent pricing services. 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 | |||||||||||
| Common Stocks | |||||||||||
| Building Products | — | $ | 35,610,235 | — | |||||||
| Chemicals | $ | 174,778,150 | 90,350,573 | — | |||||||
| Consumer Staples Distribution & Retail | 130,210,584 | 93,744,572 | — | ||||||||
| Electrical Equipment | 107,243,633 | 47,625,785 | — | ||||||||
| Food Products | 296,936,811 | 91,044,322 | — | ||||||||
| Household Products | 468,639,313 | 33,360,342 | — | ||||||||
| Oil, Gas and Consumable Fuels | 556,320,567 | 82,769,773 | — | ||||||||
| Personal Care Products | 41,769,227 | 166,061,427 | — | ||||||||
| Pharmaceuticals | 549,419,864 | 203,421,574 | — | ||||||||
| Trading Companies and Distributors | — | 29,446,765 | — | ||||||||
| Other Industries | 4,638,128,424 | — | — | ||||||||
| Preferred Stocks | — | 780,114,754 | — | ||||||||
| Equity-Linked Notes | — | 318,219,706 | — | ||||||||
| Convertible Bonds | — | 230,281,565 | — | ||||||||
| Exchange-Traded Funds | 153,036,861 | — | — | ||||||||
| Convertible Preferred Stocks | — | 96,838,065 | — | ||||||||
| Short-Term Investments | 129,957,473 | 196,272,748 | — | ||||||||
| $ | 7,246,440,907 | $ | 2,495,162,206 | — | |||||||
| Other Financial Instruments | |||||||||||
| Forward Foreign Currency Exchange Contracts | — | $ | 807,433 | — | |||||||
| Liabilities | |||||||||||
| Other Financial Instruments | |||||||||||
| Forward Foreign Currency Exchange Contracts | — | $ | 8,445 | — | |||||||
| Written Options Contracts | $ | 22,421 | — | — | |||||||
| $ | 22,421 | $ | 8,445 | — | |||||||
3. Affiliated Company Transactions
If a fund's holding represents ownership of 5% or more of the voting securities of a company, the company is affiliated as defined in the 1940 Act. A summary of transactions for each company which is or was an affiliate at or during the period ended June 30, 2023 follows (amounts in thousands):
| Company | Beginning Value | Purchase Cost | Sales Cost | Change in Net Unrealized Appreciation (Depreciation) | Ending Value | Ending Shares | Net Realized Gain (Loss) | Income | ||||||||||||||||||
| Capitol Federal Financial, Inc. | $ | 53,006 | — | $ | 481 | $ | (4,228) | $ | 48,297 | 7,828 | $ | (187) | $ | 669 | ||||||||||||
Spire, Inc.(1) | 194,479 | — | 9,804 | (16,568) | (1) | (1) | (1,596) | 1,908 | ||||||||||||||||||
| $ | 247,485 | — | $ | 10,285 | $ | (20,796) | $ | 48,297 | 7,828 | $ | (1,783) | $ | 2,577 | |||||||||||||
(1)Company was not an affiliate at June 30, 2023.
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.