American Century Investments®
Quarterly Portfolio Holdings
Strategic Allocation: Conservative Fund
October 31, 2024
| | |
| Strategic Allocation: Conservative - Schedule of Investments |
| OCTOBER 31, 2024 (UNAUDITED) |
| | | | | | | | | | | |
| | Shares/Principal
Amount ($) | Value ($) |
AFFILIATED FUNDS(1) — 38.1% | | | |
| American Century Diversified Corporate Bond ETF | | 389,060 | | 18,188,555 | |
American Century Focused Dynamic Growth ETF(2) | | 55,085 | | 5,135,574 | |
| American Century Focused Large Cap Value ETF | | 73,352 | | 5,064,956 | |
| American Century Multisector Income ETF | | 377,777 | | 16,474,855 | |
| American Century Quality Diversified International ETF | | 154,281 | | 7,652,337 | |
| American Century Short Duration Strategic Income ETF | | 31,790 | | 1,631,549 | |
| American Century U.S. Quality Growth ETF | | 147,483 | | 13,481,421 | |
| American Century U.S. Quality Value ETF | | 254,143 | | 15,426,861 | |
Avantis International Equity ETF(3) | | 105,284 | | 6,712,908 | |
| Avantis International Small Cap Value ETF | | 22,108 | | 1,481,678 | |
| Avantis U.S. Equity ETF | | 135,373 | | 12,802,225 | |
| Avantis U.S. Small Cap Value ETF | | 23,689 | | 2,244,533 | |
TOTAL AFFILIATED FUNDS (Cost $81,554,572) | | | 106,297,452 | |
| U.S. TREASURY SECURITIES — 19.1% | | | |
| U.S. Treasury Bonds, 2.375%, 2/15/42 | | 2,500,000 | | 1,842,725 | |
| U.S. Treasury Bonds, 3.00%, 5/15/42 | | 430,000 | | 349,173 | |
| U.S. Treasury Bonds, 4.75%, 11/15/43 | | 50,000 | | 51,191 | |
| U.S. Treasury Bonds, 2.50%, 2/15/45 | | 1,700,000 | | 1,224,598 | |
| U.S. Treasury Bonds, 3.00%, 5/15/45 | | 600,000 | | 471,141 | |
| U.S. Treasury Bonds, 3.00%, 11/15/45 | | 850,000 | | 665,258 | |
| U.S. Treasury Bonds, 1.875%, 2/15/51 | | 1,000,000 | | 589,473 | |
| U.S. Treasury Inflation-Indexed Bonds, 2.375%, 1/15/25 | | 83,502 | | 83,229 | |
| U.S. Treasury Inflation-Indexed Bonds, 2.375%, 1/15/27 | | 468,297 | | 473,230 | |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/42 | | 696,575 | | 560,040 | |
| U.S. Treasury Inflation-Indexed Bonds, 0.625%, 2/15/43 | | 684,605 | | 528,323 | |
| U.S. Treasury Inflation-Indexed Bonds, 0.75%, 2/15/45 | | 3,676,255 | | 2,814,657 | |
| U.S. Treasury Inflation-Indexed Bonds, 0.875%, 2/15/47 | | 652,040 | | 500,675 | |
| U.S. Treasury Inflation-Indexed Bonds, 0.125%, 2/15/51 | | 846,384 | | 502,048 | |
| U.S. Treasury Inflation-Indexed Notes, 0.375%, 1/15/27 | | 260,636 | | 252,171 | |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 4/15/27 | | 3,645,821 | | 3,491,057 | |
| U.S. Treasury Inflation-Indexed Notes, 0.50%, 1/15/28 | | 4,466,700 | | 4,284,813 | |
| U.S. Treasury Inflation-Indexed Notes, 0.875%, 1/15/29 | | 3,116,750 | | 2,999,156 | |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/30 | | 7,341,240 | | 6,728,752 | |
| U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/32 | | 2,310,987 | | 2,039,149 | |
| U.S. Treasury Notes, 4.625%, 2/28/26 | | 12,600,000 | | 12,658,078 | |
| U.S. Treasury Notes, 2.25%, 8/15/27 | | 300,000 | | 285,223 | |
| U.S. Treasury Notes, 3.50%, 4/30/30 | | 1,100,000 | | 1,063,477 | |
| U.S. Treasury Notes, 0.625%, 5/15/30 | | 1,250,000 | | 1,031,787 | |
| U.S. Treasury Notes, 4.375%, 11/30/30 | | 6,840,000 | | 6,901,453 | |
U.S. Treasury Notes, 1.875%, 2/15/32(4) | | 1,200,000 | | 1,023,258 | |
TOTAL U.S. TREASURY SECURITIES (Cost $58,652,867) | | | 53,414,135 | |
| COMMON STOCKS — 17.9% | | | |
| Aerospace and Defense — 0.2% | | | |
AAR Corp.(2) | | 279 | | 16,377 | |
Bombardier, Inc., Class B(2) | | 223 | | 16,404 | |
CAE, Inc.(2) | | 992 | | 17,455 | |
| Curtiss-Wright Corp. | | 399 | | 137,639 | |
| HEICO Corp. | | 375 | | 91,856 | |
| | | | | | | | | | | |
| Hexcel Corp. | | 367 | | 21,539 | |
| Huntington Ingalls Industries, Inc. | | 334 | | 61,777 | |
| L3Harris Technologies, Inc. | | 337 | | 83,397 | |
| Lockheed Martin Corp. | | 83 | | 45,322 | |
Saab AB, Class B(3) | | 205 | | 4,211 | |
| | | 495,977 | |
| Air Freight and Logistics — 0.1% | | | |
Cargojet, Inc.(3) | | 98 | | 9,579 | |
| FedEx Corp. | | 188 | | 51,484 | |
GXO Logistics, Inc.(2) | | 397 | | 23,744 | |
InPost SA(2) | | 881 | | 17,186 | |
| United Parcel Service, Inc., Class B | | 446 | | 59,791 | |
| | | 161,784 | |
| Automobile Components — 0.1% | | | |
Aptiv PLC(2) | | 1,523 | | 86,552 | |
| BorgWarner, Inc. | | 1,728 | | 58,113 | |
| Continental AG | | 1,288 | | 80,385 | |
| Hyundai Mobis Co. Ltd. | | 568 | | 102,088 | |
| Linamar Corp. | | 1,264 | | 51,718 | |
| | | 378,856 | |
| Automobiles — 0.2% | | | |
| Bayerische Motoren Werke AG | | 1,074 | | 84,670 | |
| Ferrari NV | | 224 | | 106,931 | |
| Kia Corp. | | 755 | | 49,927 | |
| Mercedes-Benz Group AG | | 1,504 | | 91,369 | |
| Stellantis NV | | 1,618 | | 22,171 | |
Tesla, Inc.(2) | | 471 | | 117,679 | |
Volvo Car AB, Class B(2) | | 15,694 | | 33,910 | |
| Winnebago Industries, Inc. | | 197 | | 11,040 | |
| | | 517,697 | |
| Banks — 0.7% | | | |
Bancorp, Inc.(2) | | 321 | | 16,133 | |
| Bank Central Asia Tbk. PT | | 227,500 | | 148,325 | |
| Bank of America Corp. | | 2,879 | | 120,400 | |
Bankinter SA(3) | | 953 | | 7,775 | |
| Barclays PLC | | 72,352 | | 221,795 | |
| BNP Paribas SA | | 519 | | 35,445 | |
BPER Banca SpA(3) | | 2,496 | | 15,197 | |
| Commerce Bancshares, Inc. | | 2,093 | | 130,813 | |
| First Hawaiian, Inc. | | 2,315 | | 57,273 | |
| Fukuoka Financial Group, Inc. | | 800 | | 18,249 | |
| ING Groep NV, Series N | | 5,095 | | 86,464 | |
| JPMorgan Chase & Co. | | 903 | | 200,394 | |
| Mebuki Financial Group, Inc. | | 5,000 | | 18,702 | |
NU Holdings Ltd., Class A(2) | | 14,258 | | 215,153 | |
| PNC Financial Services Group, Inc. | | 227 | | 42,737 | |
| Regions Financial Corp. | | 4,524 | | 107,988 | |
Triumph Financial, Inc.(2) | | 209 | | 18,469 | |
| Truist Financial Corp. | | 3,810 | | 164,021 | |
| U.S. Bancorp | | 3,692 | | 178,361 | |
| Westamerica Bancorporation | | 1,094 | | 56,363 | |
| | | 1,860,057 | |
| Beverages — 0.2% | | | |
| Ambev SA | | 14,400 | | 31,386 | |
Celsius Holdings, Inc.(2) | | 485 | | 14,589 | |
| | | | | | | | | | | |
| Davide Campari-Milano NV | | 7,360 | | 49,413 | |
Heineken NV(3) | | 961 | | 78,818 | |
| Lifedrink Co., Inc. | | 300 | | 3,464 | |
| PepsiCo, Inc. | | 849 | | 141,002 | |
Pernod Ricard SA(3) | | 848 | | 105,804 | |
| Royal Unibrew AS | | 193 | | 14,520 | |
| | | 438,996 | |
| Biotechnology — 0.4% | | | |
| AbbVie, Inc. | | 787 | | 160,446 | |
ADMA Biologics, Inc.(2) | | 1,207 | | 19,686 | |
Alkermes PLC(2) | | 442 | | 11,359 | |
Alnylam Pharmaceuticals, Inc.(2) | | 390 | | 103,970 | |
| Amgen, Inc. | | 180 | | 57,629 | |
Amicus Therapeutics, Inc.(2) | | 5,248 | | 59,932 | |
Arcutis Biotherapeutics, Inc.(2) | | 731 | | 6,075 | |
Argenx SE, ADR(2) | | 105 | | 61,562 | |
Biohaven Ltd.(2) | | 253 | | 12,589 | |
BioMarin Pharmaceutical, Inc.(2) | | 784 | | 51,658 | |
Blueprint Medicines Corp.(2) | | 168 | | 14,702 | |
Bridgebio Pharma, Inc.(2) | | 436 | | 10,207 | |
Celldex Therapeutics, Inc.(2) | | 210 | | 5,473 | |
Centessa Pharmaceuticals PLC, ADR(2)(3) | | 557 | | 8,377 | |
Crinetics Pharmaceuticals, Inc.(2) | | 193 | | 10,800 | |
| CSL Ltd. | | 538 | | 101,012 | |
Cytokinetics, Inc.(2) | | 160 | | 8,160 | |
Halozyme Therapeutics, Inc.(2) | | 340 | | 17,194 | |
Insmed, Inc.(2) | | 339 | | 22,808 | |
Keros Therapeutics, Inc.(2) | | 149 | | 8,648 | |
Madrigal Pharmaceuticals, Inc.(2) | | 53 | | 13,745 | |
Mineralys Therapeutics, Inc.(2) | | 442 | | 5,914 | |
Natera, Inc.(2) | | 1,225 | | 148,176 | |
PeptiDream, Inc.(2) | | 800 | | 14,685 | |
REVOLUTION Medicines, Inc.(2) | | 266 | | 14,231 | |
Telix Pharmaceuticals Ltd.(2)(3) | | 1,075 | | 14,689 | |
Twist Bioscience Corp.(2) | | 337 | | 13,601 | |
Vaxcyte, Inc.(2) | | 242 | | 25,737 | |
Vera Therapeutics, Inc.(2) | | 196 | | 7,914 | |
Vertex Pharmaceuticals, Inc.(2) | | 103 | | 49,026 | |
Viking Therapeutics, Inc.(2) | | 132 | | 9,575 | |
| | | 1,069,580 | |
| Broadline Retail — 0.2% | | | |
| Alibaba Group Holding Ltd. | | 7,500 | | 91,742 | |
Amazon.com, Inc.(2) | | 2,277 | | 424,433 | |
| Isetan Mitsukoshi Holdings Ltd. | | 400 | | 5,952 | |
Mercari, Inc.(2)(3) | | 200 | | 2,798 | |
Ollie's Bargain Outlet Holdings, Inc.(2) | | 144 | | 13,223 | |
| Pan Pacific International Holdings Corp. | | 1,200 | | 29,770 | |
| Ryohin Keikaku Co. Ltd. | | 600 | | 9,819 | |
| | | 577,737 | |
| Building Products — 0.2% | | | |
AZEK Co., Inc.(2) | | 1,670 | | 73,480 | |
| Fortune Brands Innovations, Inc. | | 332 | | 27,666 | |
Hayward Holdings, Inc.(2) | | 2,240 | | 36,423 | |
JELD-WEN Holding, Inc.(2) | | 1,332 | | 18,861 | |
| Johnson Controls International PLC | | 2,189 | | 165,379 | |
| | | | | | | | | | | |
| Lennox International, Inc. | | 190 | | 114,488 | |
| Munters Group AB | | 477 | | 7,727 | |
| Reliance Worldwide Corp. Ltd. | | 5,603 | | 19,077 | |
| Sanwa Holdings Corp. | | 500 | | 12,667 | |
| | | 475,768 | |
| Capital Markets — 0.8% | | | |
| AllianceBernstein Holding LP | | 1,201 | | 44,497 | |
| Ameriprise Financial, Inc. | | 172 | | 87,772 | |
| ARES Management Corp., Class A | | 1,243 | | 208,426 | |
| Bank of New York Mellon Corp. | | 2,262 | | 170,464 | |
| Blackrock, Inc. | | 102 | | 100,065 | |
| Bolsa Mexicana de Valores SAB de CV | | 18,517 | | 30,261 | |
Coinbase Global, Inc., Class A(2) | | 475 | | 85,144 | |
Donnelley Financial Solutions, Inc.(2) | | 410 | | 23,919 | |
| GQG Partners, Inc. | | 7,311 | | 13,271 | |
| Hamilton Lane, Inc., Class A | | 173 | | 31,078 | |
| Hong Kong Exchanges & Clearing Ltd. | | 2,400 | | 96,097 | |
| Integral Corp. | | 300 | | 7,609 | |
| Intercontinental Exchange, Inc. | | 377 | | 58,763 | |
| Intermediate Capital Group PLC | | 719 | | 19,100 | |
| KKR & Co., Inc. | | 193 | | 26,680 | |
| London Stock Exchange Group PLC | | 1,437 | | 194,765 | |
| LPL Financial Holdings, Inc. | | 590 | | 166,486 | |
| Morgan Stanley | | 1,528 | | 177,630 | |
| MSCI, Inc. | | 362 | | 206,774 | |
| Northern Trust Corp. | | 2,248 | | 225,969 | |
| S&P Global, Inc. | | 286 | | 137,383 | |
| St. James's Place PLC | | 719 | | 7,543 | |
| Swissquote Group Holding SA | | 49 | | 16,668 | |
| T. Rowe Price Group, Inc. | | 1,143 | | 125,570 | |
| TPG, Inc. | | 1,637 | | 110,792 | |
| | | 2,372,726 | |
| Chemicals — 0.3% | | | |
| Air Liquide SA | | 754 | | 135,193 | |
Akzo Nobel NV(3) | | 1,293 | | 82,511 | |
| Arkema SA | | 708 | | 62,390 | |
Aspen Aerogels, Inc.(2) | | 445 | | 7,939 | |
| Avient Corp. | | 1,399 | | 65,207 | |
| DSM-Firmenich AG | | 924 | | 109,571 | |
| Ecolab, Inc. | | 348 | | 85,514 | |
| Element Solutions, Inc. | | 5,293 | | 143,440 | |
| Linde PLC | | 298 | | 135,933 | |
| PPG Industries, Inc. | | 305 | | 37,976 | |
| Shin-Etsu Chemical Co. Ltd. | | 2,300 | | 84,281 | |
| Solvay SA | | 277 | | 11,270 | |
Tokyo Ohka Kogyo Co. Ltd.(3) | | 700 | | 16,110 | |
| | | 977,335 | |
| Commercial Services and Supplies — 0.1% | | | |
| ABM Industries, Inc. | | 707 | | 37,513 | |
Casella Waste Systems, Inc., Class A(2) | | 274 | | 26,819 | |
Clean Harbors, Inc.(2) | | 106 | | 24,514 | |
| Daiei Kankyo Co. Ltd. | | 900 | | 18,563 | |
| Element Fleet Management Corp. | | 573 | | 11,725 | |
| Elis SA | | 341 | | 7,757 | |
| Republic Services, Inc. | | 975 | | 193,050 | |
| | | | | | | | | | | |
| SPIE SA | | 346 | | 12,523 | |
| UniFirst Corp. | | 80 | | 14,385 | |
| | | 346,849 | |
| Communications Equipment — 0.1% | | | |
Arista Networks, Inc.(2) | | 315 | | 121,729 | |
Extreme Networks, Inc.(2) | | 1,071 | | 15,990 | |
F5, Inc.(2) | | 464 | | 108,520 | |
| Juniper Networks, Inc. | | 915 | | 35,593 | |
| Motorola Solutions, Inc. | | 217 | | 97,509 | |
| | | 379,341 | |
| Construction and Engineering — 0.1% | | | |
AtkinsRealis Group, Inc.(3) | | 410 | | 19,729 | |
Construction Partners, Inc., Class A(2) | | 284 | | 22,359 | |
| Eiffage SA | | 1,138 | | 105,918 | |
| Fugro NV | | 765 | | 17,590 | |
| Kinden Corp. | | 900 | | 18,654 | |
MYR Group, Inc.(2) | | 180 | | 23,580 | |
| Ventia Services Group Pty. Ltd. | | 6,578 | | 19,756 | |
| Vinci SA | | 1,092 | | 122,326 | |
| | | 349,912 | |
| Construction Materials — 0.1% | | | |
| CRH PLC | | 1,137 | | 108,504 | |
James Hardie Industries PLC(2) | | 1,192 | | 38,017 | |
Knife River Corp.(2) | | 83 | | 8,077 | |
Summit Materials, Inc., Class A(2) | | 425 | | 20,149 | |
| Vulcan Materials Co. | | 244 | | 66,839 | |
| | | 241,586 | |
| Consumer Finance — 0.0% | | | |
| American Express Co. | | 328 | | 88,586 | |
Zip Co. Ltd.(2) | | 5,503 | | 10,728 | |
| | | 99,314 | |
| Consumer Staples Distribution & Retail — 0.2% | | | |
| BGF retail Co. Ltd. | | 479 | | 40,078 | |
| Casey's General Stores, Inc. | | 94 | | 37,038 | |
| Costco Wholesale Corp. | | 118 | | 103,153 | |
Dollar Tree, Inc.(2) | | 1,220 | | 78,861 | |
Grocery Outlet Holding Corp.(2) | | 330 | | 4,719 | |
Koninklijke Ahold Delhaize NV(3) | | 5,106 | | 168,489 | |
| Marks & Spencer Group PLC | | 4,043 | | 19,616 | |
| PriceSmart, Inc. | | 231 | | 19,192 | |
Redcare Pharmacy NV(2) | | 89 | | 13,630 | |
| Sysco Corp. | | 1,282 | | 96,086 | |
| Target Corp. | | 656 | | 98,426 | |
| | | 679,288 | |
| Containers and Packaging — 0.2% | | | |
| Ball Corp. | | 977 | | 57,887 | |
| Graphic Packaging Holding Co. | | 5,282 | | 149,270 | |
| Packaging Corp. of America | | 365 | | 83,563 | |
| Smurfit WestRock PLC | | 1,032 | | 53,148 | |
| Verallia SA | | 4,531 | | 130,669 | |
| | | 474,537 | |
| Distributors — 0.1% | | | |
D'ieteren Group(3) | | 38 | | 8,227 | |
| LKQ Corp. | | 1,380 | | 50,770 | |
| | | | | | | | | | | |
| Pool Corp. | | 413 | | 149,357 | |
| | | 208,354 | |
| Diversified Consumer Services — 0.1% | | | |
Bright Horizons Family Solutions, Inc.(2) | | 705 | | 94,096 | |
Duolingo, Inc.(2) | | 476 | | 139,454 | |
Stride, Inc.(2) | | 281 | | 26,212 | |
| | | 259,762 | |
| Diversified REITs — 0.1% | | | |
| British Land Co. PLC | | 20,766 | | 106,861 | |
| Essential Properties Realty Trust, Inc. | | 3,916 | | 124,098 | |
| Stockland | | 8,365 | | 28,287 | |
| | | 259,246 | |
| Diversified Telecommunication Services — 0.1% | | | |
BCE, Inc.(3) | | 2,317 | | 74,701 | |
Cellnex Telecom SA(3) | | 1,036 | | 38,048 | |
| Gamma Communications PLC | | 541 | | 11,053 | |
| Orange SA | | 12,161 | | 133,597 | |
| Verizon Communications, Inc. | | 2,650 | | 111,644 | |
| | | 369,043 | |
| Electric Utilities — 0.4% | | | |
| Duke Energy Corp. | | 503 | | 57,981 | |
| Edison International | | 2,267 | | 186,801 | |
| Evergy, Inc. | | 2,316 | | 139,979 | |
| Eversource Energy | | 2,326 | | 153,167 | |
| Iberdrola SA | | 7,590 | | 112,746 | |
| NextEra Energy, Inc. | | 2,611 | | 206,922 | |
| Xcel Energy, Inc. | | 2,323 | | 155,199 | |
| | | 1,012,795 | |
| Electrical Equipment — 0.3% | | | |
| AMETEK, Inc. | | 307 | | 56,285 | |
| Atkore, Inc. | | 236 | | 20,239 | |
| Eaton Corp. PLC | | 364 | | 120,695 | |
| Emerson Electric Co. | | 1,721 | | 186,333 | |
| Furukawa Electric Co. Ltd. | | 200 | | 4,919 | |
| Hubbell, Inc. | | 133 | | 56,795 | |
| Nexans SA | | 120 | | 16,704 | |
Nordex SE(2) | | 935 | | 13,324 | |
| Regal Rexnord Corp. | | 555 | | 92,430 | |
| Schneider Electric SE | | 667 | | 172,786 | |
| Signify NV | | 2,530 | | 61,946 | |
| Vertiv Holdings Co., Class A | | 1,152 | | 125,902 | |
| | | 928,358 | |
| Electronic Equipment, Instruments and Components — 0.1% | | | |
| CDW Corp. | | 882 | | 166,019 | |
| Cognex Corp. | | 225 | | 9,052 | |
| Keyence Corp. | | 200 | | 90,283 | |
| Littelfuse, Inc. | | 88 | | 21,527 | |
Mirion Technologies, Inc., Class A(2) | | 1,208 | | 17,878 | |
| TE Connectivity PLC | | 580 | | 85,503 | |
| Yokogawa Electric Corp. | | 400 | | 8,869 | |
| | | 399,131 | |
| Energy Equipment and Services — 0.1% | | | |
| Baker Hughes Co. | | 3,481 | | 132,556 | |
DOF Group ASA(2) | | 1,115 | | 8,903 | |
Expro Group Holdings NV(2) | | 986 | | 12,572 | |
| | | | | | | | | | | |
| Schlumberger NV | | 3,168 | | 126,942 | |
| Subsea 7 SA | | 958 | | 14,724 | |
| TechnipFMC PLC | | 177 | | 4,724 | |
Transocean Ltd.(2)(3) | | 5,544 | | 24,061 | |
| | | 324,482 | |
| Entertainment — 0.1% | | | |
| CTS Eventim AG & Co. KGaA | | 127 | | 13,337 | |
Liberty Media Corp.-Liberty Formula One, Class C(2) | | 255 | | 20,359 | |
Spotify Technology SA(2) | | 243 | | 93,579 | |
| Walt Disney Co. | | 484 | | 46,561 | |
| | | 173,836 | |
| Financial Services — 0.3% | | | |
Adyen NV(2) | | 65 | | 99,298 | |
Block, Inc.(2) | | 585 | | 42,307 | |
Corpay, Inc.(2) | | 554 | | 182,665 | |
| Edenred SE | | 1,565 | | 50,616 | |
| Infratil Ltd. | | 1,453 | | 10,989 | |
| Mastercard, Inc., Class A | | 414 | | 206,830 | |
Payoneer Global, Inc.(2) | | 2,021 | | 17,421 | |
Shift4 Payments, Inc., Class A(2)(3) | | 211 | | 19,083 | |
| Visa, Inc., Class A | | 241 | | 69,854 | |
Worldline SA(2) | | 1,894 | | 13,425 | |
| | | 712,488 | |
| Food Products — 0.2% | | | |
| AAK AB | | 593 | | 17,023 | |
| Conagra Brands, Inc. | | 6,873 | | 198,905 | |
| General Mills, Inc. | | 1,939 | | 131,891 | |
| Mondelez International, Inc., Class A | | 1,272 | | 87,106 | |
| Morinaga & Co. Ltd. | | 400 | | 7,482 | |
| Nomad Foods Ltd. | | 1,618 | | 28,396 | |
| | | 470,803 | |
| Gas Utilities — 0.1% | | | |
| Brookfield Infrastructure Corp., Class A | | 374 | | 15,364 | |
| Nippon Gas Co. Ltd. | | 300 | | 4,100 | |
| ONE Gas, Inc. | | 1,768 | | 126,006 | |
| Spire, Inc. | | 1,719 | | 109,775 | |
| | | 255,245 | |
| Ground Transportation — 0.3% | | | |
| Canadian Pacific Kansas City Ltd. | | 1,582 | | 122,040 | |
| CSX Corp. | | 2,735 | | 92,006 | |
| Knight-Swift Transportation Holdings, Inc. | | 435 | | 22,655 | |
| Kyushu Railway Co. | | 600 | | 15,786 | |
| Norfolk Southern Corp. | | 903 | | 226,138 | |
Saia, Inc.(2) | | 48 | | 23,453 | |
| Schneider National, Inc., Class B | | 603 | | 17,053 | |
Uber Technologies, Inc.(2) | | 1,002 | | 72,194 | |
| Union Pacific Corp. | | 429 | | 99,558 | |
XPO, Inc.(2) | | 1,146 | | 149,588 | |
| | | 840,471 | |
| Health Care Equipment and Supplies — 0.6% | | | |
Alphatec Holdings, Inc.(2) | | 1,777 | | 13,949 | |
| Becton Dickinson & Co. | | 641 | | 149,731 | |
| DENTSPLY SIRONA, Inc. | | 2,893 | | 67,031 | |
Dexcom, Inc.(2) | | 1,972 | | 138,987 | |
Envista Holdings Corp.(2) | | 4,019 | | 84,278 | |
| | | | | | | | | | | |
| GE HealthCare Technologies, Inc. | | 1,874 | | 163,694 | |
Hologic, Inc.(2) | | 941 | | 76,099 | |
IDEXX Laboratories, Inc.(2) | | 292 | | 118,821 | |
Inari Medical, Inc.(2) | | 464 | | 22,458 | |
Insulet Corp.(2) | | 438 | | 101,410 | |
Integer Holdings Corp.(2) | | 166 | | 20,625 | |
Intuitive Surgical, Inc.(2) | | 178 | | 89,684 | |
Lantheus Holdings, Inc.(2) | | 190 | | 20,870 | |
| Medtronic PLC | | 990 | | 88,357 | |
Neogen Corp.(2) | | 844 | | 12,052 | |
SI-BONE, Inc.(2) | | 1,022 | | 14,104 | |
| Terumo Corp. | | 6,800 | | 129,508 | |
| Ypsomed Holding AG | | 28 | | 12,419 | |
| Zimmer Biomet Holdings, Inc. | | 3,138 | | 335,515 | |
| | | 1,659,592 | |
| Health Care Providers and Services — 0.6% | | | |
Acadia Healthcare Co., Inc.(2) | | 221 | | 9,435 | |
| Cardinal Health, Inc. | | 1,373 | | 148,998 | |
| Cencora, Inc. | | 792 | | 180,639 | |
Centene Corp.(2) | | 1,379 | | 85,857 | |
| Chartwell Retirement Residences | | 10,367 | | 116,525 | |
| Cigna Group | | 328 | | 103,258 | |
| Encompass Health Corp. | | 190 | | 18,897 | |
HealthEquity, Inc.(2) | | 249 | | 21,227 | |
Henry Schein, Inc.(2) | | 3,184 | | 223,612 | |
| Labcorp Holdings, Inc. | | 665 | | 151,800 | |
NeoGenomics, Inc.(2) | | 1,265 | | 17,191 | |
Option Care Health, Inc.(2) | | 522 | | 12,027 | |
Pediatrix Medical Group, Inc.(2) | | 619 | | 7,626 | |
| Quest Diagnostics, Inc. | | 1,090 | | 168,765 | |
Surgery Partners, Inc.(2) | | 433 | | 12,470 | |
Talkspace, Inc.(2) | | 4,795 | | 15,008 | |
| UnitedHealth Group, Inc. | | 428 | | 241,606 | |
| Universal Health Services, Inc., Class B | | 322 | | 65,788 | |
| | | 1,600,729 | |
| Health Care REITs — 0.4% | | | |
| Aedifica SA | | 214 | | 13,815 | |
| American Healthcare REIT, Inc. | | 4,831 | | 128,505 | |
| CareTrust REIT, Inc. | | 4,169 | | 136,201 | |
| Healthpeak Properties, Inc. | | 3,562 | | 79,967 | |
| Ventas, Inc. | | 4,611 | | 301,974 | |
| Welltower, Inc. | | 2,936 | | 396,008 | |
| | | 1,056,470 | |
| Health Care Technology — 0.0% | | | |
Evolent Health, Inc., Class A(2) | | 545 | | 12,726 | |
GoodRx Holdings, Inc., Class A(2) | | 1,354 | | 8,286 | |
| Pro Medicus Ltd. | | 75 | | 9,501 | |
Veeva Systems, Inc., Class A(2) | | 388 | | 81,026 | |
Waystar Holding Corp.(2) | | 456 | | 13,010 | |
| | | 124,549 | |
| Hotel & Resort REITs — 0.0% | | | |
| Ryman Hospitality Properties, Inc. | | 353 | | 37,789 | |
| Hotels, Restaurants and Leisure — 0.4% | | | |
Airbnb, Inc., Class A(2) | | 656 | | 88,422 | |
Chipotle Mexican Grill, Inc.(2) | | 3,366 | | 187,722 | |
| | | | | | | | | | | |
| Darden Restaurants, Inc. | | 341 | | 54,567 | |
DoorDash, Inc., Class A(2) | | 737 | | 115,488 | |
GENDA, Inc.(2)(3) | | 700 | | 12,221 | |
| Greggs PLC | | 410 | | 14,536 | |
Guzman y Gomez Ltd.(2) | | 299 | | 7,373 | |
| Hilton Worldwide Holdings, Inc. | | 1,435 | | 337,010 | |
Life Time Group Holdings, Inc.(2) | | 626 | | 13,947 | |
MakeMyTrip Ltd.(2) | | 985 | | 99,968 | |
Planet Fitness, Inc., Class A(2) | | 193 | | 15,154 | |
| Round One Corp. | | 1,400 | | 8,861 | |
Trip.com Group Ltd., ADR(2) | | 1,403 | | 90,353 | |
| | | 1,045,622 | |
| Household Durables — 0.1% | | | |
| Barratt Redrow PLC | | 7,786 | | 44,860 | |
| Bellway PLC | | 568 | | 20,743 | |
Breville Group Ltd.(3) | | 203 | | 4,219 | |
Champion Homes, Inc.(2) | | 223 | | 19,675 | |
Mohawk Industries, Inc.(2) | | 554 | | 74,386 | |
| Taylor Wimpey PLC | | 70,595 | | 133,473 | |
TopBuild Corp.(2) | | 133 | | 46,999 | |
| | | 344,355 | |
| Household Products — 0.3% | | | |
| Church & Dwight Co., Inc. | | 1,821 | | 181,936 | |
| Colgate-Palmolive Co. | | 348 | | 32,611 | |
| Henkel AG & Co. KGaA, Preference Shares | | 837 | | 72,478 | |
| Kimberly-Clark Corp. | | 1,108 | | 148,672 | |
| Procter & Gamble Co. | | 606 | | 100,099 | |
| Reckitt Benckiser Group PLC | | 3,564 | | 216,207 | |
| | | 752,003 | |
| Independent Power and Renewable Electricity Producers — 0.1% | | | |
Talen Energy Corp.(2) | | 165 | | 29,924 | |
| Vistra Corp. | | 1,486 | | 185,691 | |
| | | 215,615 | |
| Industrial Conglomerates — 0.1% | | | |
| Hitachi Ltd. | | 5,800 | | 145,724 | |
| Honeywell International, Inc. | | 411 | | 84,535 | |
| LG Corp. | | 1,050 | | 57,378 | |
| | | 287,637 | |
| Industrial REITs — 0.3% | | | |
| EastGroup Properties, Inc. | | 473 | | 81,015 | |
| Goodman Group | | 8,388 | | 200,301 | |
| Mapletree Industrial Trust | | 15,200 | | 27,447 | |
| Prologis, Inc. | | 4,373 | | 493,887 | |
| Segro PLC | | 4,173 | | 42,282 | |
| Tritax Big Box REIT PLC | | 6,749 | | 12,252 | |
| | | 857,184 | |
| Insurance — 0.5% | | | |
| Aflac, Inc. | | 273 | | 28,608 | |
| Allstate Corp. | | 932 | | 173,837 | |
Goosehead Insurance, Inc., Class A(2) | | 193 | | 21,018 | |
| Hanover Insurance Group, Inc. | | 703 | | 104,276 | |
| Kinsale Capital Group, Inc. | | 60 | | 25,687 | |
| Marsh & McLennan Cos., Inc. | | 356 | | 77,693 | |
| MetLife, Inc. | | 846 | | 66,343 | |
| NN Group NV | | 2,196 | | 107,807 | |
| | | | | | | | | | | |
Palomar Holdings, Inc.(2) | | 181 | | 16,248 | |
| Progressive Corp. | | 375 | | 91,061 | |
| Prudential Financial, Inc. | | 521 | | 63,812 | |
| Prudential PLC | | 10,240 | | 85,246 | |
| Reinsurance Group of America, Inc. | | 246 | | 51,926 | |
| Ryan Specialty Holdings, Inc., Class A | | 1,507 | | 99,266 | |
Skyward Specialty Insurance Group, Inc.(2) | | 496 | | 21,928 | |
| Tokio Marine Holdings, Inc. | | 2,000 | | 72,032 | |
| Willis Towers Watson PLC | | 636 | | 192,193 | |
| | | 1,298,981 | |
| Interactive Media and Services — 0.5% | | | |
| Alphabet, Inc., Class A | | 3,034 | | 519,148 | |
| Autohome, Inc., ADR | | 1,816 | | 51,030 | |
| CAR Group Ltd. | | 546 | | 13,448 | |
| Hemnet Group AB | | 384 | | 12,103 | |
| Meta Platforms, Inc., Class A | | 557 | | 316,142 | |
Pinterest, Inc., Class A(2) | | 3,277 | | 104,176 | |
QuinStreet, Inc.(2) | | 988 | | 20,748 | |
| Scout24 SE | | 135 | | 11,662 | |
| Tencent Holdings Ltd. | | 4,600 | | 239,854 | |
| | | 1,288,311 | |
| IT Services — 0.4% | | | |
| Accenture PLC, Class A | | 275 | | 94,826 | |
| Amdocs Ltd. | | 1,599 | | 140,304 | |
| BIPROGY, Inc. | | 500 | | 15,778 | |
Cloudflare, Inc., Class A(2) | | 1,496 | | 131,214 | |
| Cognizant Technology Solutions Corp., Class A | | 862 | | 64,297 | |
GDS Holdings Ltd., ADR(2)(3) | | 2,264 | | 49,604 | |
GDS Holdings Ltd., Class A(2)(3) | | 9,500 | | 25,621 | |
Globant SA(2) | | 60 | | 12,593 | |
Indra Sistemas SA(3) | | 432 | | 7,616 | |
| International Business Machines Corp. | | 452 | | 93,437 | |
MongoDB, Inc.(2) | | 422 | | 114,109 | |
| NEC Corp. | | 1,200 | | 102,108 | |
NEXTDC Ltd.(2) | | 17,932 | | 191,551 | |
| NTT Data Group Corp. | | 6,700 | | 105,996 | |
| | | 1,149,054 | |
| Leisure Products — 0.0% | | | |
BRP, Inc.(3) | | 824 | | 40,627 | |
| Brunswick Corp. | | 102 | | 8,134 | |
| MIPS AB | | 233 | | 11,428 | |
| Thule Group AB | | 378 | | 12,653 | |
| Tomy Co. Ltd. | | 600 | | 15,839 | |
YETI Holdings, Inc.(2) | | 847 | | 29,823 | |
| | | 118,504 | |
| Life Sciences Tools and Services — 0.3% | | | |
| Agilent Technologies, Inc. | | 1,146 | | 149,335 | |
Avantor, Inc.(2) | | 2,076 | | 46,440 | |
| Bio-Techne Corp. | | 549 | | 40,489 | |
| Danaher Corp. | | 572 | | 140,518 | |
ICON PLC(2) | | 310 | | 68,854 | |
IQVIA Holdings, Inc.(2) | | 267 | | 54,954 | |
| Lonza Group AG | | 162 | | 99,683 | |
Mettler-Toledo International, Inc.(2) | | 38 | | 49,086 | |
| | | | | | | | | | | |
| Thermo Fisher Scientific, Inc. | | 171 | | 93,421 | |
| | | 742,780 | |
| Machinery — 0.4% | | | |
| CNH Industrial NV | | 9,354 | | 105,046 | |
| Crane Co. | | 405 | | 63,699 | |
| Cummins, Inc. | | 481 | | 158,239 | |
| Daimler Truck Holding AG | | 1,002 | | 41,433 | |
| Deere & Co. | | 132 | | 53,419 | |
| Dover Corp. | | 219 | | 41,463 | |
Fluidra SA(3) | | 492 | | 13,298 | |
| Konecranes OYJ | | 290 | | 20,020 | |
| Miura Co. Ltd. | | 400 | | 9,340 | |
| Organo Corp. | | 200 | | 9,345 | |
| Oshkosh Corp. | | 1,271 | | 129,947 | |
| Parker-Hannifin Corp. | | 158 | | 100,183 | |
RBC Bearings, Inc.(2) | | 96 | | 26,914 | |
| Techtronic Industries Co. Ltd. | | 7,500 | | 108,491 | |
| Timken Co. | | 663 | | 55,029 | |
| Weir Group PLC | | 2,618 | | 70,503 | |
| Xylem, Inc. | | 869 | | 105,827 | |
| | | 1,112,196 | |
| Media — 0.2% | | | |
CyberAgent, Inc.(3) | | 700 | | 4,569 | |
| Fox Corp., Class B | | 781 | | 30,428 | |
| Interpublic Group of Cos., Inc. | | 4,466 | | 131,300 | |
| Omnicom Group, Inc. | | 240 | | 24,240 | |
| Stroeer SE & Co. KGaA | | 200 | | 11,867 | |
Trade Desk, Inc., Class A(2) | | 1,943 | | 233,568 | |
| WPP PLC | | 10,660 | | 112,047 | |
| | | 548,019 | |
| Metals and Mining — 0.0% | | | |
| Alamos Gold, Inc., Class A | | 1,234 | | 24,931 | |
ATI, Inc.(2) | | 300 | | 15,813 | |
Capstone Copper Corp.(2)(3) | | 2,378 | | 16,447 | |
| Carpenter Technology Corp. | | 138 | | 20,631 | |
ERO Copper Corp.(2) | | 946 | | 17,373 | |
GMK Norilskiy Nickel PAO(5) | | 94,900 | | 1 | |
| Hudbay Minerals, Inc. | | 626 | | 5,615 | |
Sandfire Resources Ltd.(2)(3) | | 2,902 | | 19,640 | |
| | | 120,451 | |
| Multi-Utilities — 0.1% | | | |
| Northwestern Energy Group, Inc. | | 3,177 | | 169,842 | |
| WEC Energy Group, Inc. | | 1,099 | | 104,988 | |
| | | 274,830 | |
| Office REITs — 0.1% | | | |
| Nippon Building Fund, Inc. | | 61 | | 52,323 | |
| SL Green Realty Corp. | | 252 | | 19,054 | |
| Vornado Realty Trust | | 3,159 | | 130,814 | |
| | | 202,191 | |
| Oil, Gas and Consumable Fuels — 0.4% | | | |
| ConocoPhillips | | 1,320 | | 144,593 | |
| Coterra Energy, Inc. | | 3,302 | | 78,984 | |
| Eni SpA | | 1,367 | | 20,824 | |
| Enterprise Products Partners LP | | 7,252 | | 207,842 | |
| EOG Resources, Inc. | | 1,061 | | 129,400 | |
| | | | | | | | | | | |
| EQT Corp. | | 2,513 | | 91,825 | |
| Gaztransport Et Technigaz SA | | 56 | | 8,148 | |
Kosmos Energy Ltd.(2) | | 6,007 | | 22,586 | |
| Occidental Petroleum Corp. | | 1,921 | | 96,261 | |
Paladin Energy Ltd.(2)(3) | | 1,108 | | 7,295 | |
| Parkland Corp. | | 2,101 | | 48,890 | |
| Permian Resources Corp. | | 6,875 | | 93,706 | |
| Repsol SA | | 1,597 | | 19,992 | |
| Targa Resources Corp. | | 756 | | 126,222 | |
| | | 1,096,568 | |
| Paper and Forest Products — 0.0% | | | |
| Louisiana-Pacific Corp. | | 18 | | 1,780 | |
| Stella-Jones, Inc. | | 248 | | 14,994 | |
| | | 16,774 | |
| Passenger Airlines — 0.0% | | | |
| Southwest Airlines Co. | | 4,490 | | 137,304 | |
| Personal Care Products — 0.1% | | | |
BellRing Brands, Inc.(2) | | 221 | | 14,548 | |
elf Beauty, Inc.(2) | | 416 | | 43,784 | |
| Haleon PLC | | 18,312 | | 88,009 | |
| Interparfums, Inc. | | 145 | | 17,555 | |
| Kenvue, Inc. | | 5,059 | | 116,003 | |
| Unilever PLC | | 1,584 | | 96,627 | |
| | | 376,526 | |
| Pharmaceuticals — 0.5% | | | |
ALK-Abello AS(2) | | 474 | | 11,099 | |
| AstraZeneca PLC | | 659 | | 93,771 | |
| Bristol-Myers Squibb Co. | | 526 | | 29,335 | |
Camurus AB(2) | | 153 | | 8,604 | |
Edgewise Therapeutics, Inc.(2) | | 451 | | 15,140 | |
| Eli Lilly & Co. | | 173 | | 143,545 | |
| GSK PLC | | 9,488 | | 171,340 | |
| H Lundbeck AS | | 831 | | 5,410 | |
| Hikma Pharmaceuticals PLC | | 2,073 | | 49,648 | |
Intra-Cellular Therapies, Inc.(2) | | 122 | | 10,340 | |
Longboard Pharmaceuticals, Inc.(2) | | 277 | | 16,542 | |
| Merck & Co., Inc. | | 911 | | 93,214 | |
| Novo Nordisk AS, Class B | | 2,807 | | 314,847 | |
| Roche Holding AG | | 603 | | 186,872 | |
| Sanofi SA | | 1,162 | | 122,800 | |
| Sanofi SA, ADR | | 1,168 | | 61,764 | |
| Santen Pharmaceutical Co. Ltd. | | 1,600 | | 19,134 | |
Verona Pharma PLC, ADR(2)(3) | | 438 | | 14,861 | |
| Virbac SACA | | 20 | | 7,601 | |
| Zoetis, Inc. | | 562 | | 100,474 | |
| | | 1,476,341 | |
| Professional Services — 0.3% | | | |
| Adecco Group AG | | 4,363 | | 136,482 | |
| ALS Ltd. | | 1,615 | | 14,909 | |
| Arcadis NV | | 194 | | 13,433 | |
BayCurrent, Inc.(3) | | 500 | | 16,250 | |
| Equifax, Inc. | | 455 | | 120,584 | |
| Experian PLC | | 1,298 | | 63,350 | |
FTI Consulting, Inc.(2) | | 53 | | 10,339 | |
| Jacobs Solutions, Inc. | | 294 | | 41,331 | |
| | | | | | | | | | | |
| RELX PLC | | 2,814 | | 129,049 | |
| Teleperformance SE | | 1,344 | | 142,467 | |
| Verisk Analytics, Inc. | | 424 | | 116,481 | |
Verra Mobility Corp.(2) | | 594 | | 15,426 | |
| | | 820,101 | |
| Real Estate Management and Development — 0.1% | | | |
CBRE Group, Inc., Class A(2) | | 426 | | 55,793 | |
| Colliers International Group, Inc. | | 78 | | 11,906 | |
| Colliers International Group, Inc. (Toronto) | | 53 | | 8,102 | |
| CTP NV | | 2,547 | | 42,607 | |
| FirstService Corp. | | 91 | | 16,850 | |
| FirstService Corp. (Toronto) | | 152 | | 28,143 | |
| Mitsui Fudosan Co. Ltd. | | 4,500 | | 38,396 | |
| PSP Swiss Property AG | | 59 | | 8,379 | |
Redfin Corp.(2) | | 756 | | 7,840 | |
| Savills PLC | | 780 | | 10,811 | |
TAG Immobilien AG(2) | | 452 | | 7,514 | |
| Tokyo Tatemono Co. Ltd. | | 4,000 | | 65,319 | |
| | | 301,660 | |
| Residential REITs — 0.3% | | | |
| American Homes 4 Rent, Class A | | 2,201 | | 77,563 | |
| AvalonBay Communities, Inc. | | 945 | | 209,422 | |
| Boardwalk Real Estate Investment Trust | | 298 | | 15,474 | |
| Camden Property Trust | | 738 | | 85,453 | |
| Canadian Apartment Properties REIT | | 800 | | 26,654 | |
| Equity Residential | | 1,895 | | 133,351 | |
| Essex Property Trust, Inc. | | 337 | | 95,661 | |
| Invitation Homes, Inc. | | 3,199 | | 100,481 | |
| UNITE Group PLC | | 5,401 | | 61,096 | |
| | | 805,155 | |
| Retail REITs — 0.5% | | | |
Agree Realty Corp.(3) | | 2,290 | | 170,033 | |
| Charter Hall Retail REIT | | 7,257 | | 16,066 | |
| Japan Metropolitan Fund Invest | | 38 | | 23,323 | |
| Kite Realty Group Trust | | 4,668 | | 119,828 | |
| Link REIT | | 14,720 | | 68,587 | |
| Realty Income Corp. | | 2,806 | | 166,592 | |
| Regency Centers Corp. | | 2,500 | | 178,600 | |
| Scentre Group | | 39,215 | | 89,907 | |
| Simon Property Group, Inc. | | 1,306 | | 220,871 | |
| Unibail-Rodamco-Westfield | | 1,021 | | 83,489 | |
| Urban Edge Properties | | 5,552 | | 123,476 | |
| | | 1,260,772 | |
| Semiconductors and Semiconductor Equipment — 0.9% | | | |
Advanced Micro Devices, Inc.(2) | | 984 | | 141,765 | |
| Analog Devices, Inc. | | 565 | | 126,057 | |
| Applied Materials, Inc. | | 507 | | 92,061 | |
| ASML Holding NV | | 242 | | 162,898 | |
| Broadcom, Inc. | | 800 | | 135,816 | |
| Camtek Ltd. | | 49 | | 3,898 | |
Credo Technology Group Holding Ltd.(2) | | 424 | | 15,985 | |
Enphase Energy, Inc.(2) | | 412 | | 34,213 | |
Impinj, Inc.(2) | | 69 | | 13,109 | |
| Infineon Technologies AG | | 1,520 | | 48,069 | |
MACOM Technology Solutions Holdings, Inc.(2) | | 201 | | 22,592 | |
| | | | | | | | | | | |
| Marvell Technology, Inc. | | 811 | | 64,969 | |
| Micronics Japan Co. Ltd. | | 200 | | 4,983 | |
| Monolithic Power Systems, Inc. | | 187 | | 141,989 | |
Nova Ltd.(2) | | 42 | | 7,783 | |
| NVIDIA Corp. | | 6,955 | | 923,346 | |
ON Semiconductor Corp.(2) | | 949 | | 66,895 | |
Onto Innovation, Inc.(2) | | 95 | | 18,841 | |
Rambus, Inc.(2) | | 400 | | 19,128 | |
Silicon Laboratories, Inc.(2) | | 146 | | 15,164 | |
| SUMCO Corp. | | 17,500 | | 167,325 | |
| Taiwan Semiconductor Manufacturing Co. Ltd. | | 9,000 | | 282,235 | |
| Teradyne, Inc. | | 637 | | 67,656 | |
| | | 2,576,777 | |
| Software — 1.1% | | | |
ACI Worldwide, Inc.(2) | | 331 | | 16,285 | |
Adobe, Inc.(2) | | 64 | | 30,597 | |
Agilysys, Inc.(2) | | 151 | | 15,106 | |
AppLovin Corp., Class A(2) | | 843 | | 142,796 | |
BlackLine, Inc.(2) | | 245 | | 13,566 | |
| Bytes Technology Group PLC | | 885 | | 5,154 | |
Cadence Design Systems, Inc.(2) | | 636 | | 175,612 | |
Crowdstrike Holdings, Inc., Class A(2) | | 161 | | 47,796 | |
CyberArk Software Ltd.(2) | | 109 | | 30,141 | |
Datadog, Inc., Class A(2) | | 1,427 | | 179,003 | |
Descartes Systems Group, Inc.(2) | | 149 | | 15,479 | |
Dynatrace, Inc.(2) | | 512 | | 27,546 | |
Fair Isaac Corp.(2) | | 71 | | 141,511 | |
Guidewire Software, Inc.(2) | | 769 | | 143,234 | |
HubSpot, Inc.(2) | | 235 | | 130,376 | |
Klaviyo, Inc., Class A(2) | | 291 | | 11,067 | |
Manhattan Associates, Inc.(2) | | 567 | | 149,325 | |
| Microsoft Corp. | | 2,373 | | 964,268 | |
Money Forward, Inc.(2)(3) | | 300 | | 9,788 | |
nCino, Inc.(2) | | 451 | | 16,822 | |
| Open Text Corp. | | 979 | | 29,363 | |
Palantir Technologies, Inc., Class A(2) | | 6,511 | | 270,597 | |
Q2 Holdings, Inc.(2) | | 417 | | 35,303 | |
| Salesforce, Inc. | | 231 | | 67,306 | |
| SAP SE | | 858 | | 200,330 | |
ServiceNow, Inc.(2) | | 43 | | 40,119 | |
SPS Commerce, Inc.(2) | | 46 | | 7,590 | |
Tenable Holdings, Inc.(2) | | 517 | | 20,478 | |
Workday, Inc., Class A(2) | | 280 | | 65,478 | |
Zscaler, Inc.(2) | | 698 | | 126,191 | |
| | | 3,128,227 | |
| Specialized REITs — 0.7% | | | |
| Big Yellow Group PLC | | 2,971 | | 46,075 | |
| CubeSmart | | 2,000 | | 95,680 | |
| Digital Core REIT Management Pte. Ltd. | | 42,100 | | 26,151 | |
| Digital Realty Trust, Inc. | | 1,475 | | 262,889 | |
| Equinix, Inc. | | 490 | | 444,959 | |
| Extra Space Storage, Inc. | | 203 | | 33,150 | |
| Iron Mountain, Inc. | | 2,171 | | 268,618 | |
| Lamar Advertising Co., Class A | | 725 | | 95,700 | |
| National Storage Affiliates Trust | | 229 | | 9,652 | |
| | | | | | | | | | | |
| Public Storage | | 828 | | 272,462 | |
| Safehold, Inc. | | 476 | | 10,129 | |
| SBA Communications Corp. | | 496 | | 113,817 | |
| VICI Properties, Inc. | | 6,988 | | 221,939 | |
| | | 1,901,221 | |
| Specialty Retail — 0.2% | | | |
Aritzia, Inc.(2) | | 433 | | 13,942 | |
Boot Barn Holdings, Inc.(2) | | 160 | | 19,928 | |
Burlington Stores, Inc.(2) | | 643 | | 159,316 | |
CarMax, Inc.(2) | | 472 | | 34,163 | |
Foot Locker, Inc.(2) | | 269 | | 6,238 | |
| Home Depot, Inc. | | 521 | | 205,144 | |
| Sanrio Co. Ltd. | | 700 | | 18,990 | |
| TJX Cos., Inc. | | 1,110 | | 125,463 | |
| Tractor Supply Co. | | 252 | | 66,909 | |
Warby Parker, Inc., Class A(2) | | 409 | | 6,924 | |
| | | 657,017 | |
| Technology Hardware, Storage and Peripherals — 0.4% | | | |
| Apple, Inc. | | 3,858 | | 871,561 | |
| HP, Inc. | | 3,618 | | 128,512 | |
| Samsung Electronics Co. Ltd. | | 2,979 | | 126,491 | |
Super Micro Computer, Inc.(2) | | 820 | | 23,870 | |
| | | 1,150,434 | |
| Textiles, Apparel and Luxury Goods — 0.1% | | | |
| Asics Corp. | | 1,200 | | 20,960 | |
Crocs, Inc.(2) | | 92 | | 9,920 | |
Deckers Outdoor Corp.(2) | | 233 | | 37,487 | |
| Levi Strauss & Co., Class A | | 390 | | 6,665 | |
On Holding AG, Class A(2) | | 3,609 | | 171,139 | |
| | | 246,171 | |
| Tobacco — 0.1% | | | |
| British American Tobacco PLC | | 6,182 | | 216,179 | |
| KT&G Corp. | | 1,130 | | 89,761 | |
| | | 305,940 | |
| Trading Companies and Distributors — 0.3% | | | |
| Applied Industrial Technologies, Inc. | | 48 | | 11,116 | |
| Ashtead Group PLC | | 1,004 | | 75,107 | |
Beacon Roofing Supply, Inc.(2) | | 1,435 | | 132,121 | |
Beijer Ref AB(3) | | 504 | | 7,592 | |
| Bunzl PLC | | 1,752 | | 77,131 | |
Core & Main, Inc., Class A(2) | | 1,558 | | 68,988 | |
| Diploma PLC | | 316 | | 17,372 | |
| Ferguson Enterprises, Inc. | | 269 | | 52,923 | |
| FTAI Aviation Ltd. | | 62 | | 8,335 | |
| H&E Equipment Services, Inc. | | 500 | | 26,125 | |
| Herc Holdings, Inc. | | 48 | | 10,039 | |
| Howden Joinery Group PLC | | 726 | | 7,899 | |
| MonotaRO Co. Ltd. | | 300 | | 4,526 | |
| MSC Industrial Direct Co., Inc., Class A | | 1,845 | | 145,884 | |
| Rexel SA | | 3,214 | | 88,550 | |
Seven Group Holdings Ltd.(3) | | 569 | | 15,503 | |
SiteOne Landscape Supply, Inc.(2) | | 201 | | 28,088 | |
| United Rentals, Inc. | | 48 | | 39,014 | |
| | | 816,313 | |
| | | |
| | | | | | | | | | | |
| Transportation Infrastructure — 0.0% | | | |
| Flughafen Zurich AG | | 68 | | 16,031 | |
| SATS Ltd. | | 8,300 | | 24,624 | |
| | | 40,655 | |
TOTAL COMMON STOCKS (Cost $35,666,706) | | | 50,062,172 | |
| U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES — 5.7% | | | |
| Fixed-Rate U.S. Government Agency Mortgage-Backed Securities — 5.7% | | | |
| FHLMC, 6.00%, 2/1/38 | | 41,235 | | 42,882 | |
| FHLMC, 4.50%, 10/1/52 | | 2,876,641 | | 2,735,108 | |
| FHLMC, 5.50%, 12/1/52 | | 1,370,121 | | 1,361,105 | |
| FHLMC, 5.00%, 6/1/53 | | 1,405,913 | | 1,368,643 | |
| FNMA, 4.50%, 10/1/52 | | 2,874,816 | | 2,735,066 | |
| FNMA, 5.50%, 3/1/54 | | 1,577,711 | | 1,564,891 | |
| GNMA, 5.50%, TBA | | 2,744,000 | | 2,729,095 | |
| GNMA, 9.00%, 4/20/25 | | 6 | | 6 | |
| GNMA, 7.50%, 2/15/26 | | 1,346 | | 1,348 | |
| GNMA, 8.25%, 7/15/26 | | 3,825 | | 3,836 | |
| GNMA, 7.00%, 12/15/27 | | 5,291 | | 5,319 | |
| GNMA, 6.50%, 3/15/28 | | 3,493 | | 3,528 | |
| GNMA, 6.00%, 10/15/28 | | 3,169 | | 3,244 | |
| GNMA, 7.00%, 5/15/31 | | 1,573 | | 1,628 | |
| GNMA, 6.50%, 10/15/38 | | 189,113 | | 200,583 | |
| GNMA, 4.50%, 6/15/41 | | 60,941 | | 59,449 | |
| GNMA, 3.50%, 6/20/42 | | 88,511 | | 81,923 | |
| UMBS, 4.00%, TBA | | 3,384,000 | | 3,126,774 | |
TOTAL U.S. GOVERNMENT AGENCY MORTGAGE-BACKED SECURITIES (Cost $16,157,765) | | | 16,024,428 | |
| SOVEREIGN GOVERNMENTS AND AGENCIES — 5.6% | | | |
| Australia — 0.2% | | | |
| Australia Government Bonds, 3.00%, 3/21/47 | AUD | 505,000 | | 245,679 | |
| New South Wales Treasury Corp., 3.00%, 3/20/28 | AUD | 285,000 | | 179,823 | |
| | | 425,502 | |
| Austria — 0.1% | | | |
Republic of Austria Government Bonds, 0.75%, 10/20/26(6) | EUR | 140,000 | | 147,598 | |
Republic of Austria Government Bonds, 4.15%, 3/15/37(6) | EUR | 101,000 | | 122,757 | |
| | | 270,355 | |
| Belgium — 0.0% | | | |
Kingdom of Belgium Government Bonds, 4.25%, 3/28/41(6) | EUR | 47,000 | | 57,220 | |
| Canada — 0.3% | | | |
| Province of British Columbia, 2.85%, 6/18/25 | CAD | 684,000 | | 489,586 | |
| Province of Quebec, 5.75%, 12/1/36 | CAD | 325,000 | | 271,190 | |
| Province of Quebec, 5.00%, 12/1/41 | CAD | 33,000 | | 25,936 | |
| Province of Quebec, 3.50%, 12/1/48 | CAD | 102,000 | | 64,943 | |
| | | 851,655 | |
| China — 0.6% | | | |
| China Government Bonds, 3.39%, 3/16/50 | CNY | 10,340,000 | | 1,737,845 | |
| Denmark — 0.0% | | | |
| Denmark Government Bonds, 0.50%, 11/15/27 | DKK | 517,000 | | 72,193 | |
| Denmark Government Bonds, 4.50%, 11/15/39 | DKK | 260,000 | | 47,779 | |
| | | 119,972 | |
| Finland — 0.6% | | | |
Finland Government Bonds, 4.00%, 7/4/25(6) | EUR | 173,000 | | 189,747 | |
Finland Government Bonds, 0.125%, 4/15/36(6) | EUR | 1,750,000 | | 1,381,702 | |
| | | 1,571,449 | |
| | | |
| | | | | | | | | | | |
| France — 0.7% | | | |
French Republic Government Bonds OAT, 2.50%, 5/25/30(6) | EUR | 1,170,000 | | 1,255,230 | |
French Republic Government Bonds OAT, 0.00%, 11/25/31(6)(7) | EUR | 850,000 | | 756,729 | |
| | | 2,011,959 | |
| Germany — 0.7% | | | |
| Bundesrepublik Deutschland Bundesanleihe, 2.30%, 2/15/33 | EUR | 1,800,000 | | 1,955,569 | |
Bundesrepublik Deutschland Bundesanleihe, 0.00%, 8/15/52(7) | EUR | 60,000 | | 32,346 | |
| | | 1,987,915 | |
| Indonesia — 0.2% | | | |
| Indonesia Treasury Bonds, 7.00%, 2/15/33 | IDR | 10,000,000,000 | | 643,820 | |
| Italy — 0.5% | | | |
| Italy Buoni Poliennali Del Tesoro, 1.50%, 6/1/25 | EUR | 263,000 | | 283,807 | |
| Italy Buoni Poliennali Del Tesoro, 2.00%, 12/1/25 | EUR | 971,000 | | 1,048,677 | |
| | | 1,332,484 | |
| Japan — 0.7% | | | |
| Japan Government Thirty Year Bonds, 1.40%, 12/20/45 | JPY | 11,400,000 | | 69,002 | |
| Japan Government Thirty Year Bonds, 1.40%, 3/20/53 | JPY | 242,800,000 | | 1,341,084 | |
| Japan Government Thirty Year Bonds, 1.20%, 6/20/53 | JPY | 47,500,000 | | 248,475 | |
| Japan Government Thirty Year Bonds, 1.80%, 9/20/53 | JPY | 35,600,000 | | 215,530 | |
| | | 1,874,091 | |
| Malaysia — 0.1% | | | |
| Malaysia Government Bonds, 3.96%, 9/15/25 | MYR | 785,000 | | 180,244 | |
| Netherlands — 0.0% | | | |
Netherlands Government Bonds, 2.75%, 1/15/47(6) | EUR | 63,000 | | 68,148 | |
| Norway — 0.0% | | | |
Norway Government Bonds, 1.75%, 2/17/27(6) | NOK | 1,510,000 | | 130,943 | |
| Peru — 0.1% | | | |
| Peru Government International Bonds, 8.75%, 11/21/33 | | 200,000 | | 244,625 | |
| South Africa — 0.2% | | | |
| Republic of South Africa Government Bonds, 10.875%, 3/31/38 | ZAR | 10,600,000 | | 587,788 | |
| Spain — 0.1% | | | |
Spain Government Bonds, 1.60%, 4/30/25(6) | EUR | 164,000 | | 177,321 | |
Spain Government Bonds, 5.15%, 10/31/44(6) | EUR | 30,000 | | 40,003 | |
| | | 217,324 | |
| Supranational — 0.1% | | | |
European Union, 0.00%, 7/4/31(7) | EUR | 400,000 | | 363,487 | |
| Thailand — 0.1% | | | |
| Thailand Government Bonds, 3.85%, 12/12/25 | THB | 9,350,000 | | 282,276 | |
| United Kingdom — 0.3% | | | |
| U.K. Gilts, 0.125%, 1/30/26 | GBP | 600,000 | | 737,191 | |
TOTAL SOVEREIGN GOVERNMENTS AND AGENCIES (Cost $17,706,058) | | | 15,696,293 | |
| CORPORATE BONDS — 3.6% | | | |
| Automobiles — 0.0% | | | |
| BMW Finance NV, 0.875%, 4/3/25 | EUR | 50,000 | | 53,892 | |
| Banks — 1.0% | | | |
Avi Funding Co. Ltd., 3.80%, 9/16/25(6) | | 102,000 | | 101,021 | |
| Banco Santander SA, 2.50%, 3/18/25 | EUR | 200,000 | | 216,818 | |
| Bank of America Corp., 2.30%, 7/25/25 | GBP | 100,000 | | 126,484 | |
| Bank of America Corp., VRN, 5.47%, 1/23/35 | | 120,000 | | 121,828 | |
| Bank of Nova Scotia, 3.45%, 4/11/25 | | 1,250,000 | | 1,242,699 | |
| CaixaBank SA, VRN, 2.25%, 4/17/30 | EUR | 100,000 | | 108,006 | |
| Citigroup, Inc., VRN, 6.27%, 11/17/33 | | 20,000 | | 21,306 | |
| Citigroup, Inc., VRN, 5.83%, 2/13/35 | | 20,000 | | 20,182 | |
| Commerzbank AG, 4.00%, 3/23/26 | EUR | 220,000 | | 241,424 | |
| | | | | | | | | | | |
| HSBC Bank PLC, VRN, 5.375%, 11/4/30 | GBP | 90,000 | | 115,253 | |
| ING Groep NV, 2.125%, 1/10/26 | EUR | 300,000 | | 323,793 | |
| JPMorgan Chase & Co., VRN, 4.01%, 4/23/29 | | 3,000 | | 2,921 | |
| Lloyds Bank PLC, 7.625%, 4/22/25 | GBP | 80,000 | | 104,264 | |
| Wells Fargo & Co., VRN, 5.39%, 4/24/34 | | 40,000 | | 40,286 | |
| | | 2,786,285 | |
| Beverages — 0.1% | | | |
| Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., 4.70%, 2/1/36 | | 180,000 | | 173,551 | |
| Chemicals — 0.0% | | | |
MEGlobal BV, 4.25%, 11/3/26(6) | | 34,000 | | 33,353 | |
| Commercial Services and Supplies — 0.0% | | | |
| Waste Connections, Inc., 2.95%, 1/15/52 | | 112,000 | | 73,174 | |
| Diversified Consumer Services — 0.0% | | | |
| Duke University, 3.30%, 10/1/46 | | 60,000 | | 45,455 | |
| Diversified Telecommunication Services — 0.1% | | | |
| AT&T, Inc., 2.60%, 12/17/29 | EUR | 100,000 | | 105,842 | |
| AT&T, Inc., 3.50%, 9/15/53 | | 70,000 | | 48,823 | |
| Sprint Capital Corp., 6.875%, 11/15/28 | | 89,000 | | 95,530 | |
| | | 250,195 | |
| Electric Utilities — 0.2% | | | |
| Duke Energy Carolinas LLC, 3.20%, 8/15/49 | | 190,000 | | 131,839 | |
| Duke Energy Progress LLC, 4.15%, 12/1/44 | | 89,000 | | 74,609 | |
Indianapolis Power & Light Co., 5.70%, 4/1/54(6) | | 67,000 | | 68,369 | |
| MidAmerican Energy Co., 5.85%, 9/15/54 | | 30,000 | | 31,810 | |
| Northern States Power Co., 3.20%, 4/1/52 | | 120,000 | | 84,304 | |
| Northern States Power Co., 5.10%, 5/15/53 | | 80,000 | | 77,237 | |
| | | 468,168 | |
| Financial Services — 1.1% | | | |
Gulf Gate Apartments LLC, VRN, 4.78%, (Acquired 9/29/03 - 11/10/03, Cost $3,000,000), 9/1/28(8) | | 3,000,000 | | 3,000,000 | |
| Ground Transportation — 0.0% | | | |
| Burlington Northern Santa Fe LLC, 4.45%, 3/15/43 | | 16,000 | | 14,363 | |
| Burlington Northern Santa Fe LLC, 5.50%, 3/15/55 | | 75,000 | | 76,753 | |
| | | 91,116 | |
| Health Care Providers and Services — 0.2% | | | |
DaVita, Inc., 4.625%, 6/1/30(6) | | 370,000 | | 340,860 | |
| Kaiser Foundation Hospitals, 3.00%, 6/1/51 | | 130,000 | | 88,715 | |
| | | 429,575 | |
| Hotels, Restaurants and Leisure — 0.0% | | | |
| MGM Resorts International, 4.625%, 9/1/26 | | 8,000 | | 7,934 | |
| Household Durables — 0.0% | | | |
| Meritage Homes Corp., 5.125%, 6/6/27 | | 40,000 | | 40,030 | |
| Industrial Conglomerates — 0.1% | | | |
| Honeywell International, Inc., 5.25%, 3/1/54 | | 140,000 | | 139,914 | |
| Insurance — 0.1% | | | |
| AXA SA, VRN, 3.375%, 7/6/47 | EUR | 200,000 | | 217,317 | |
| Metals and Mining — 0.0% | | | |
Minera Mexico SA de CV, 4.50%, 1/26/50(6) | | 158,000 | | 122,953 | |
| Multi-Utilities — 0.0% | | | |
| Dominion Energy, Inc., 4.90%, 8/1/41 | | 70,000 | | 64,106 | |
| Oil, Gas and Consumable Fuels — 0.2% | | | |
Antero Resources Corp., 7.625%, 2/1/29(6) | | 75,000 | | 76,967 | |
| BP Capital Markets America, Inc., 3.06%, 6/17/41 | | 130,000 | | 96,296 | |
| Energy Transfer LP, 5.75%, 4/1/25 | | 25,000 | | 24,983 | |
| Expand Energy Corp., 5.70%, 1/23/25 | | 5,000 | | 4,996 | |
MEG Energy Corp., 5.875%, 2/1/29(6) | | 100,000 | | 98,125 | |
| | | | | | | | | | | |
| Petroleos Mexicanos, 5.35%, 2/12/28 | | 365,000 | | 340,228 | |
| | | 641,595 | |
| Passenger Airlines — 0.1% | | | |
American Airlines, Inc./AAdvantage Loyalty IP Ltd., 5.50%, 4/20/26(6) | | 267,661 | | 267,053 | |
| Software — 0.0% | | | |
| Oracle Corp., 3.60%, 4/1/40 | | 95,000 | | 75,707 | |
| Technology Hardware, Storage and Peripherals — 0.4% | | | |
| Apple, Inc., 2.75%, 1/13/25 | | 1,000,000 | | 996,039 | |
TOTAL CORPORATE BONDS (Cost $10,438,927) | | | 9,977,412 | |
| COLLATERALIZED LOAN OBLIGATIONS — 1.3% | | | |
ARES Loan Funding III Ltd., Series 2022-ALF3A, Class A1R, VRN, 5.90%, (3-month SOFR plus 1.27%), 7/25/36(6) | | 600,000 | | 601,413 | |
ARES XLVII CLO Ltd., Series 2018-47A, Class C, VRN, 6.67%, (3-month SOFR plus 2.01%), 4/15/30(6) | | 250,000 | | 250,556 | |
Bryant Park Funding Ltd., Series 2021-17A, Class B1, VRN, 7.56%, (3-month SOFR plus 2.94%), 1/20/35(6) | | 325,000 | | 325,016 | |
Carlyle Global Market Strategies CLO Ltd., Series 2012-4A, Class CR4, VRN, 6.73%, (3-month SOFR plus 2.10%), 4/22/32(6) | | 750,000 | | 753,681 | |
Cook Park CLO Ltd., Series 2018-1A, Class C, VRN, 6.66%, (3-month SOFR plus 2.01%), 4/17/30(6) | | 750,000 | | 750,492 | |
Eaton Vance CLO Ltd., Series 2015-1A, Class CR, VRN, 6.78%, (3-month SOFR plus 2.16%), 1/20/30(6) | | 250,000 | | 250,516 | |
KKR CLO 18 Ltd., Series 2018, Class CR, VRN, 6.99%, (3-month SOFR plus 2.36%), 7/18/30(6) | | 250,000 | | 250,666 | |
Magnetite XXV Ltd., Series 2020-25A, Class C, VRN, 6.99%, (3-month SOFR plus 2.36%), 1/25/32(6) | | 350,000 | | 350,598 | |
TOTAL COLLATERALIZED LOAN OBLIGATIONS (Cost $3,517,377) | | | 3,532,938 | |
| MUNICIPAL SECURITIES — 0.4% | | | |
| New Jersey Turnpike Authority Rev., 7.10%, 1/1/41 | | 9,000 | | 10,367 | |
| New York City GO, 6.27%, 12/1/37 | | 40,000 | | 43,052 | |
| North Dakota Housing Finance Agency Rev., VRDN, 4.86%, 11/7/24 (SBBPA: Royal Bank of Canada) | | 750,000 | | 750,000 | |
| Port Authority of New York & New Jersey Rev., 4.93%, 10/1/51 | | 50,000 | | 48,266 | |
| Regents of the University of California Medical Center Pooled Rev., 3.26%, 5/15/60 | | 125,000 | | 85,190 | |
| State of California GO, 4.60%, 4/1/38 | | 40,000 | | 38,404 | |
| State of California GO, 7.60%, 11/1/40 | | 65,000 | | 79,513 | |
| Texas Natural Gas Securitization Finance Corp. Rev., SEQ, 5.17%, 4/1/41 | | 30,000 | | 30,462 | |
TOTAL MUNICIPAL SECURITIES (Cost $1,127,419) | | | 1,085,254 | |
| ASSET-BACKED SECURITIES — 0.4% | | | |
Blackbird Capital II Aircraft Lease Ltd., Series 2021-1A, Class A, SEQ, 2.44%, 7/15/46(6) | | 230,192 | | 209,706 | |
FirstKey Homes Trust, Series 2020-SFR1, Class C, 1.94%, 8/17/37(6) | | 400,000 | | 388,296 | |
Lunar Aircraft Ltd., Series 2020-1A, Class A, SEQ, 3.38%, 2/15/45(6) | | 332,248 | | 320,262 | |
MAPS Trust, Series 2021-1A, Class A, SEQ, 2.52%, 6/15/46(6) | | 174,502 | | 159,492 | |
TOTAL ASSET-BACKED SECURITIES (Cost $1,140,344) | | | 1,077,756 | |
| PREFERRED STOCKS — 0.4% | | | |
| Automobiles — 0.1% | | | |
| Volkswagen International Finance NV, 3.875% | | 300,000 | | 304,110 | |
| Insurance — 0.2% | | | |
| Allianz SE, 2.625% | | 200,000 | | 182,470 | |
| Intesa Sanpaolo Vita SpA, 4.75% | | 200,000 | | 217,716 | |
| | | 400,186 | |
| Oil, Gas and Consumable Fuels — 0.1% | | | |
| Eni SpA, 3.375% | | 300,000 | | 314,130 | |
TOTAL PREFERRED STOCKS (Cost $1,310,996) | | | 1,018,426 | |
| COLLATERALIZED MORTGAGE OBLIGATIONS — 0.3% | | | |
| Private Sponsor Collateralized Mortgage Obligations — 0.2% | | | |
COLT Mortgage Loan Trust, Series 2021-3, Class M1, VRN, 2.30%, 9/27/66(6) | | 700,000 | | 460,155 | |
JP Morgan Mortgage Trust, Series 2014-5, Class A1, VRN, 2.71%, 10/25/29(6) | | 25,049 | | 24,297 | |
| | | | | | | | | | | |
SoFi Mortgage Trust, Series 2016-1A, Class 1A4, SEQ, VRN, 3.00%, 11/25/46(6) | | 10,728 | | 9,485 | |
| | | 493,937 | |
| U.S. Government Agency Collateralized Mortgage Obligations — 0.1% | | | |
FNMA, Series 2024-R01, Class 1M1, VRN, 5.91%, (30-day average SOFR plus 1.05%), 1/25/44(6) | | 240,430 | | 240,556 | |
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $976,230) | | | 734,493 | |
| EXCHANGE-TRADED FUNDS — 0.1% | | | |
| iShares Core S&P 500 ETF | | 287 | | 163,946 | |
| iShares MSCI EAFE Small-Cap ETF | | 14 | | 888 | |
TOTAL EXCHANGE-TRADED FUNDS (Cost $163,881) | | | 164,834 | |
| SHORT-TERM INVESTMENTS — 9.6% | | | |
| Certificates of Deposit — 1.1% | | | |
Wells Fargo Bank NA, 5.40%, 3/11/25(6) | | 3,000,000 | | 3,009,064 | |
Commercial Paper(9) — 4.3% | | | |
Banco Santander SA, 5.58%, 1/7/25(6) | | 1,000,000 | | 991,142 | |
Bank of Montreal, VRN, 5.11%, 5/30/25(6) | | 2,500,000 | | 2,501,580 | |
Chariot Funding LLC, VRN, 5.09%, 3/17/25 (LOC: JP Morgan Chase Bank)(6) | | 500,000 | | 500,130 | |
Ionic Funding LLC, 4.96%, 2/5/25(6) | | 200,000 | | 197,477 | |
JP Morgan Securities LLC, VRN, 5.08%, 6/30/25(6) | | 750,000 | | 749,925 | |
Longship Funding LLC, 4.96%, 11/1/24 (LOC: Nordea Bank Abp)(6) | | 1,900,000 | | 1,899,746 | |
Mainbeach Funding LLC, 4.97%, 11/1/24 (LOC: Deutsche Bank AG)(6) | | 2,765,000 | | 2,764,626 | |
Natixis SA, 5.02%, 2/27/25(6) | | 1,500,000 | | 1,477,212 | |
Washington Morgan Capital Co. LLC, 5.60%, 11/22/24 (LOC: Goldman Sachs & Co.)(6) | | 1,000,000 | | 997,046 | |
| | | 12,078,884 | |
| Money Market Funds — 4.2% | | | |
| State Street Institutional U.S. Government Money Market Fund, Premier Class | | 10,519,659 | | 10,519,659 | |
State Street Navigator Securities Lending Government Money Market Portfolio(10) | | 1,045,847 | | 1,045,847 | |
| | | 11,565,506 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $26,640,631) | | | 26,653,454 | |
TOTAL INVESTMENT SECURITIES — 102.5% (Cost $255,053,773) | | | 285,739,047 | |
| OTHER ASSETS AND LIABILITIES — (2.5)% | | | (6,861,643) | |
| TOTAL NET ASSETS — 100.0% | | | $ | 278,877,404 | |
| | | | | | | | | | | | | | | | | | | | |
| FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS |
| Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation (Depreciation) |
| USD | 462,273 | | AUD | 688,278 | | Morgan Stanley | 12/18/24 | $ | 9,123 | |
| BRL | 1,495,788 | | USD | 263,774 | | UBS AG | 12/18/24 | (6,333) | |
| CAD | 2,480,637 | | USD | 1,785,672 | | Citibank N.A. | 12/18/24 | (1,241) | |
| CAD | 1,107,873 | | USD | 797,462 | | Citibank N.A. | 12/18/24 | (520) | |
| CAD | 1,723 | | USD | 1,274 | | Bank of America N.A. | 12/20/24 | (34) | |
| CAD | 1,813 | | USD | 1,343 | | Bank of America N.A. | 12/20/24 | (39) | |
| CAD | 1,669 | | USD | 1,240 | | Bank of America N.A. | 12/20/24 | (39) | |
| CAD | 2,092 | | USD | 1,556 | | Bank of America N.A. | 12/20/24 | (51) | |
| CAD | 1,469 | | USD | 1,089 | | Bank of America N.A. | 12/20/24 | (33) | |
| CAD | 19,564 | | USD | 14,492 | | Bank of America N.A. | 12/20/24 | (417) | |
| CAD | 5,731 | | USD | 4,245 | | Bank of America N.A. | 12/20/24 | (122) | |
| CAD | 1,906 | | USD | 1,415 | | Bank of America N.A. | 12/20/24 | (44) | |
| CAD | 3,269 | | USD | 2,412 | | Bank of America N.A. | 12/20/24 | (60) | |
| CAD | 1,505 | | USD | 1,110 | | Bank of America N.A. | 12/20/24 | (28) | |
| CAD | 2,351 | | USD | 1,713 | | Bank of America N.A. | 12/20/24 | (22) | |
| CAD | 4,731 | | USD | 3,425 | | Bank of America N.A. | 12/20/24 | (21) | |
| USD | 3,516,174 | | CAD | 4,769,683 | | JPMorgan Chase Bank N.A. | 12/18/24 | 85,131 | |
| | | | | | | | | | | | | | | | | | | | |
| USD | 49,732 | | CAD | 67,461 | | Bank of America N.A. | 12/20/24 | 1,200 | |
| USD | 84,025 | | CAD | 113,192 | | Bank of America N.A. | 12/20/24 | 2,595 | |
| USD | 46,078 | | CAD | 62,072 | | Bank of America N.A. | 12/20/24 | 1,423 | |
| USD | 3,030 | | CAD | 4,128 | | Bank of America N.A. | 12/20/24 | 60 | |
| USD | 1,100 | | CAD | 1,498 | | Bank of America N.A. | 12/20/24 | 22 | |
| USD | 2,446 | | CAD | 3,349 | | Bank of America N.A. | 12/20/24 | 37 | |
| USD | 3,792 | | CAD | 5,209 | | Bank of America N.A. | 12/20/24 | 45 | |
| USD | 1,327 | | CAD | 1,828 | | Bank of America N.A. | 12/20/24 | 13 | |
| USD | 1,117 | | CAD | 1,549 | | Bank of America N.A. | 12/20/24 | 3 | |
| CLP | 54,463,109 | | USD | 57,377 | | Goldman Sachs & Co. | 12/18/24 | (746) | |
| USD | 1,464,053 | | CNY | 10,317,661 | | JPMorgan Chase Bank N.A. | 12/18/24 | 5,948 | |
| COP | 570,252,380 | | USD | 131,225 | | JPMorgan Chase Bank N.A. | 12/18/24 | (3,113) | |
| CZK | 4,162,096 | | USD | 183,368 | | Citibank N.A. | 12/18/24 | (4,366) | |
| DKK | 71,884 | | USD | 10,790 | | Morgan Stanley | 12/20/24 | (282) | |
| DKK | 11,006 | | USD | 1,594 | | Morgan Stanley | 12/20/24 | 15 | |
| DKK | 17,158 | | USD | 2,492 | | Morgan Stanley | 12/20/24 | 16 | |
| USD | 78,324 | | DKK | 521,428 | | Morgan Stanley | 12/20/24 | 2,103 | |
| USD | 1,986 | | DKK | 13,546 | | Morgan Stanley | 12/20/24 | 6 | |
| EUR | 18,479 | | USD | 20,017 | | JPMorgan Chase Bank N.A. | 12/18/24 | 121 | |
| EUR | 2,529 | | USD | 2,744 | | Bank of America N.A. | 12/20/24 | 12 | |
| EUR | 9,162 | | USD | 9,984 | | Goldman Sachs & Co. | 12/20/24 | 2 | |
| EUR | 17,735 | | USD | 19,292 | | Goldman Sachs & Co. | 12/20/24 | 37 | |
| EUR | 1,331 | | USD | 1,475 | | JPMorgan Chase Bank N.A. | 12/20/24 | (24) | |
| EUR | 13,750 | | USD | 15,240 | | JPMorgan Chase Bank N.A. | 12/20/24 | (254) | |
| EUR | 13,293 | | USD | 14,614 | | JPMorgan Chase Bank N.A. | 12/20/24 | (126) | |
| EUR | 2,256 | | USD | 2,453 | | UBS AG | 12/20/24 | 5 | |
| USD | 10,731,648 | | EUR | 9,646,729 | | JPMorgan Chase Bank N.A. | 12/18/24 | 218,805 | |
| USD | 10,544 | | EUR | 9,442 | | Citibank N.A. | 12/20/24 | 253 | |
| USD | 160,107 | | EUR | 143,378 | | Citibank N.A. | 12/20/24 | 3,842 | |
| USD | 10,537 | | EUR | 9,443 | | Goldman Sachs & Co. | 12/20/24 | 245 | |
| USD | 11,717 | | EUR | 10,464 | | Goldman Sachs & Co. | 12/20/24 | 313 | |
| USD | 2,053 | | EUR | 1,834 | | Goldman Sachs & Co. | 12/20/24 | 54 | |
| USD | 159,993 | | EUR | 143,378 | | Goldman Sachs & Co. | 12/20/24 | 3,727 | |
| USD | 10,543 | | EUR | 9,442 | | JPMorgan Chase Bank N.A. | 12/20/24 | 252 | |
| USD | 6,857 | | EUR | 6,119 | | JPMorgan Chase Bank N.A. | 12/20/24 | 188 | |
| USD | 2,082 | | EUR | 1,901 | | JPMorgan Chase Bank N.A. | 12/20/24 | 11 | |
| USD | 160,095 | | EUR | 143,378 | | JPMorgan Chase Bank N.A. | 12/20/24 | 3,830 | |
| USD | 10,535 | | EUR | 9,442 | | UBS AG | 12/20/24 | 244 | |
| USD | 1,979 | | EUR | 1,812 | | UBS AG | 12/20/24 | 5 | |
| USD | 2,455 | | EUR | 2,263 | | UBS AG | 12/20/24 | (12) | |
| USD | 159,963 | | EUR | 143,378 | | UBS AG | 12/20/24 | 3,697 | |
| USD | 18,440 | | EUR | 16,502 | | UBS AG | 12/20/24 | 455 | |
| GBP | 3,432 | | USD | 4,594 | | Bank of America N.A. | 12/20/24 | (170) | |
| GBP | 10,126 | | USD | 13,550 | | Bank of America N.A. | 12/20/24 | (495) | |
| GBP | 4,521 | | USD | 5,994 | | Bank of America N.A. | 12/20/24 | (165) | |
| GBP | 4,227 | | USD | 5,527 | | Bank of America N.A. | 12/20/24 | (77) | |
| USD | 1,077,203 | | GBP | 820,210 | | Bank of America N.A. | 12/18/24 | 19,672 | |
| USD | 96,842 | | GBP | 72,677 | | Bank of America N.A. | 12/20/24 | 3,137 | |
| USD | 3,860 | | GBP | 2,968 | | Bank of America N.A. | 12/20/24 | 33 | |
| USD | 96,871 | | GBP | 72,677 | | Goldman Sachs & Co. | 12/20/24 | 3,166 | |
| HUF | 33,486,941 | | USD | 92,754 | | Morgan Stanley | 12/18/24 | (3,721) | |
| IDR | 4,963,102,267 | | USD | 319,643 | | Bank of America N.A. | 12/18/24 | (4,172) | |
| USD | 713,638 | | IDR | 11,093,498,852 | | Citibank N.A. | 12/18/24 | 8,498 | |
| INR | 9,341,213 | | USD | 111,041 | | UBS AG | 12/18/24 | (134) | |
| USD | 2,091,134 | | JPY | 290,909,728 | | Morgan Stanley | 12/18/24 | 165,507 | |
| | | | | | | | | | | | | | | | | | | | |
| MXN | 6,422,561 | | USD | 314,777 | | Morgan Stanley | 12/18/24 | 3,789 | |
| MYR | 582,100 | | USD | 134,372 | | Goldman Sachs & Co. | 12/18/24 | (1,250) | |
| USD | 138,372 | | NOK | 1,473,799 | | Goldman Sachs & Co. | 12/18/24 | 4,362 | |
| PLN | 981,219 | | USD | 251,840 | | Morgan Stanley | 12/18/24 | (7,060) | |
| RON | 566,509 | | USD | 125,430 | | Citibank N.A. | 12/18/24 | (1,698) | |
| TRY | 1,698,853 | | USD | 44,745 | | Citibank N.A. | 12/18/24 | 2,664 | |
| USD | 585,508 | | ZAR | 10,431,531 | | Morgan Stanley | 12/18/24 | (3,963) | |
| ZAR | 4,969,038 | | USD | 274,661 | | Morgan Stanley | 12/18/24 | 6,132 | |
| | | | | | $ | 519,966 | |
| | | | | | | | | | | | | | |
| FUTURES CONTRACTS PURCHASED |
| Reference Entity | Contracts | Expiration
Date | Notional Amount | Unrealized
Appreciation
(Depreciation)^ |
| Euro-Bobl 5-Year Bonds | 18 | | December 2024 | $ | 2,313,318 | | $ | (9,427) | |
| Euro-OAT 10-Year Bonds | 4 | | December 2024 | 542,395 | | (9,317) | |
| U.K. Gilt 10-Year Bonds | 16 | | December 2024 | 1,940,159 | | (94,927) | |
| U.S. Treasury Long Bonds | 5 | | December 2024 | 589,844 | | 1,928 | |
| U.S. Treasury 2-Year Notes | 54 | | December 2024 | 11,121,047 | | (72,926) | |
| U.S. Treasury 5-Year Notes | 33 | | December 2024 | 3,538,734 | | 3,029 | |
| | | $ | 20,045,497 | | $ | (181,640) | |
^Amount represents value and unrealized appreciation (depreciation).
| | | | | | | | | | | | | | |
| FUTURES CONTRACTS SOLD |
| Reference Entity | Contracts | Expiration
Date | Notional Amount | Unrealized
Appreciation
(Depreciation)^ |
| Euro-Bund 10-Year Bonds | 4 | | December 2024 | $ | 573,461 | | $ | 10,393 | |
| U.S. Treasury 10-Year Notes | 17 | | December 2024 | 1,877,969 | | 6,826 | |
| U.S. Treasury 10-Year Ultra Notes | 8 | | December 2024 | 910,000 | | 15,344 | |
| U.S. Treasury Ultra Bonds | 13 | | December 2024 | 1,633,125 | | 51,800 | |
| | | $ | 4,994,555 | | $ | 84,363 | |
^Amount represents value and unrealized appreciation (depreciation).
| | | | | | | | | | | | | | | | | | | | | | | | | | |
CENTRALLY CLEARED CREDIT DEFAULT SWAP AGREEMENTS§ |
| Reference Entity | Type‡ | Fixed Rate Received (Paid) Quarterly | Termination Date | | Notional Amount | Premiums Paid (Received) | Unrealized Appreciation (Depreciation) | Value^ |
| Markit iTraxx Europe Crossover Index Series 41 | Sell | 5.00% | 6/20/29 | EUR | 340,000 | | $ | 24,450 | | $ | 11,307 | | $ | 35,757 | |
§Credit default swap agreements enable the fund to buy/sell protection against a credit event of a specific issuer or index. As a seller of credit protection against a security or basket of securities, the fund receives an upfront and/or periodic payment to compensate against potential default events. The fund may attempt to enhance returns by selling protection.
‡The maximum potential amount the fund could be required to deliver as a seller of credit protection if a credit event occurs as defined under the terms of the agreement is the notional amount. The maximum potential amount may be partially offset by any recovery values of the reference entities and upfront payments received upon entering into the agreement.
^The value for credit default swap agreements serves as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability or profit at the period end. Increasing values in absolute terms when compared to the notional amount of the credit default swap agreement represent a deterioration of the referenced entity's credit soundness and an increased likelihood or risk of a credit event occurring as defined in the agreement.
| | | | | | | | |
| NOTES TO SCHEDULE OF INVESTMENTS |
| ADR | – | American Depositary Receipt |
| AUD | – | Australian Dollar |
| BRL | – | Brazilian Real |
| CAD | – | Canadian Dollar |
| CLP | – | Chilean Peso |
| CNY | – | Chinese Yuan |
| COP | – | Colombian Peso |
| CZK | – | Czech Koruna |
| DKK | – | Danish Krone |
| EUR | – | Euro |
| FHLMC | – | Federal Home Loan Mortgage Corp. |
| FNMA | – | Federal National Mortgage Association |
| GBP | – | British Pound |
| GNMA | – | Government National Mortgage Association |
| GO | – | General Obligation |
| HUF | – | Hungarian Forint |
| IDR | – | Indonesian Rupiah |
| INR | – | Indian Rupee |
| JPY | – | Japanese Yen |
| LOC | – | Letter of Credit |
| MXN | – | Mexican Peso |
| MYR | – | Malaysian Ringgit |
| NOK | – | Norwegian Krone |
| PLN | – | Polish Zloty |
| RON | – | Romanian New Leu |
| SBBPA | – | Standby Bond Purchase Agreement |
| SEQ | – | Sequential Payer |
| SOFR | – | Secured Overnight Financing Rate |
| TBA | – | To-Be-Announced. Security was purchased on a forward commitment basis with an approximate principal amount and maturity date. Actual principal amount and maturity date will be determined upon settlement. |
| THB | – | Thai Baht |
| TRY | – | Turkish Lira |
| UMBS | – | Uniform Mortgage-Backed Securities |
| USD | – | United States Dollar |
| VRDN | – | Variable Rate Demand Note. The instrument may be payable upon demand and 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 date of the demand feature is disclosed. |
| 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. |
| ZAR | – | South African Rand |
(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds.
(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 $1,193,526. 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, or a portion thereof, has been pledged at the custodian bank or with a broker for collateral requirements on forward commitments, forward foreign currency exchange contracts, futures contracts and/or swap agreements. At the period end, the aggregate value of securities pledged was $689,846.
(5)Security may be subject to resale, redemption or transferability restrictions.
(6)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 $25,869,234, which represented 9.3% of total net assets.
(7)Security is a zero-coupon bond. Zero-coupon securities may be issued at a substantial discount from their value at maturity.
(8)Restricted security that may not be offered for public sale without being registered with the Securities and Exchange Commission and/or may be subject to resale, redemption or transferability restrictions. The aggregate value of these securities at the period end was $3,000,000, which represented 1.1% of total net assets.
(9)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.
(10)Investment of cash collateral from securities on loan. At the period end, the aggregate value of the collateral held by the fund was $1,242,499, which includes securities collateral of $196,652.
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.
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, 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 and certificates of deposit are 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.
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. 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 | | | |
| Affiliated Funds | $ | 106,297,452 | | — | | — | |
| U.S. Treasury Securities | — | | $ | 53,414,135 | | — | |
| Common Stocks | 38,071,753 | | 11,990,419 | | — | |
| U.S. Government Agency Mortgage-Backed Securities | — | | 16,024,428 | | — | |
| Sovereign Governments and Agencies | — | | 15,696,293 | | — | |
| Corporate Bonds | — | | 9,977,412 | | — | |
| Collateralized Loan Obligations | — | | 3,532,938 | | — | |
| Municipal Securities | — | | 1,085,254 | | — | |
| Asset-Backed Securities | — | | 1,077,756 | | — | |
| Preferred Stocks | — | | 1,018,426 | | — | |
| Collateralized Mortgage Obligations | — | | 734,493 | | — | |
| Exchange-Traded Funds | 164,834 | | — | | — | |
| Short-Term Investments | 11,565,506 | | 15,087,948 | | — | |
| $ | 156,099,545 | | $ | 129,639,502 | | — | |
| Other Financial Instruments | | | |
| Futures Contracts | $ | 78,927 | | $ | 10,393 | | — | |
| Swap Agreements | — | | 35,757 | | — | |
| Forward Foreign Currency Exchange Contracts | — | | 560,798 | | — | |
| $ | 78,927 | | $ | 606,948 | | — | |
| Liabilities | | | |
| Other Financial Instruments | | | |
| Futures Contracts | $ | 72,926 | | $ | 113,671 | | — | |
| Forward Foreign Currency Exchange Contracts | — | | 40,832 | | — | |
| $ | 72,926 | | $ | 154,503 | | — | |
3. Affiliated Fund Transactions
A summary of transactions for each affiliated fund for the period ended October 31, 2024 follows (amounts in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | |
Affiliated Fund(1) | Beginning Value | Purchase Cost | Sales Cost | Change in Net Unrealized Appreciation (Depreciation) | Ending Value | Ending Shares | Net Realized Gain (Loss) | Distributions Received(2) |
| American Century Diversified Corporate Bond ETF | $ | 18,307 | | — | | — | | $ | (118) | | $ | 18,189 | | 389 | | — | | $ | 227 | |
American Century Focused Dynamic Growth ETF(3) | 5,977 | | — | | $ | 817 | | (24) | | 5,136 | | 55 | | $ | 371 | | — | |
| American Century Focused Large Cap Value ETF | 5,765 | | — | | 629 | | (71) | | 5,065 | | 73 | | 295 | | 16 | |
| American Century Multisector Income ETF | 16,562 | | — | | — | | (87) | | 16,475 | | 378 | | — | | 265 | |
| American Century Quality Diversified International ETF | 8,882 | | — | | 978 | | (252) | | 7,652 | | 154 | | 241 | | — | |
| American Century Short Duration Strategic Income ETF | 1,634 | | — | | — | | (2) | | 1,632 | | 32 | | — | | 24 | |
| American Century U.S. Quality Growth ETF | 15,553 | | $ | 449 | | 2,642 | | 121 | | 13,481 | | 147 | | 857 | | 12 | |
| American Century U.S. Quality Value ETF | 18,422 | | 170 | | 3,063 | | (103) | | 15,426 | | 254 | | 671 | | 60 | |
Avantis International Equity ETF(4) | 4,169 | | 2,739 | | 77 | | (118) | | 6,713 | | 105 | | 18 | | — | |
| Avantis International Small Cap Value ETF | 1,689 | | — | | 147 | | (60) | | 1,482 | | 22 | | 43 | | — | |
| Avantis U.S. Equity ETF | 14,198 | | — | | 1,257 | | (140) | | 12,801 | | 135 | | 411 | | 45 | |
| Avantis U.S. Small Cap Value ETF | 3,347 | | — | | 450 | | (652) | | 2,245 | | 24 | | 493 | | 9 | |
| American Century Emerging Markets Bond ETF | 6,061 | | — | | 7,025 | | 964 | | — | | — | | (897) | | 71 | |
| $ | 120,566 | | $ | 3,358 | | $ | 17,085 | | $ | (542) | | $ | 106,297 | | 1,768 | | $ | 2,503 | | $ | 729 | |
(1)Investments are funds within the American Century Investments family of funds and are considered affiliated funds. Additional information and attributes of each affiliated fund are available at americancentury.com or avantisinvestors.com.
(2)Distributions received includes distributions from net investment income and from capital gains, if any.
(3)Non-income producing.
(4)Security, or a portion thereof, is on loan.
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.
