Fund Evaluator:

American Century Non-US Intrs Val I Overview

American Century Non-US Intrs Val I (ANVHX) is an actively managed International Equity Foreign Large Value fund. American Century Investments launched the fund in 2019.

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of non-U.S. companies. It may invest in both developed and emerging markets and generally intends to invest across different countries and geographic regions. The fund may invest in common stock and other equity securities that are denominated in foreign currencies and may also invest in foreign securities that are represented in the U.S. securities markets by American Depositary Receipts (ADRs) or similar depositary arrangements.

About American Century Non-US Intrs Val I (ANVHX)

There are 3 members of the management team with an average tenure of 4.06 years: Jonathan Veiga (2018), Bert Whitson (2023), Pablo Valcarce (2025). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI Ex USA NR USD index with a weighting of 100%. American Century Non-US Intrs Val I has 65 securities in its portfolio. The top 10 holdings constitute 31.0% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

American Century Non-US Intrs Val I is part of the Equity global asset class and is within the International Equity fund group. American Century Non-US Intrs Val I has 94.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.4%. There is 94.8% allocated to foreign stock, and 0.5% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). American Century Non-US Intrs Val I has 3.3% of the portfolio in cash.

Assets Under Management

The fund has $22 million in total assets, which is below the $976 million average for the Foreign Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ANVHX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The American Century Non-US Intrs Val I expense ratio is high compared to funds in the Foreign Large Value category. American Century Non-US Intrs Val I has an expense ratio of 0.98%, which is 6% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. American Century Non-US Intrs Val I has a portfolio turnover rate of 71%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Value category.

Recently, in the month of July 2026, American Century Non-US Intrs Val I returned 8.8%, which earned it a grade of A, as the Foreign Large Value category had an average return of 3.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

American Century Non-US Intrs Val I has a trailing yield of 3.54%, which is above the 2.78% category average. The fund normally distributes its income annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

American Century Non-US Intrs Val I Grades

Year to date, the fund has returned 12.0%, 2.9 percentage points worse than the category, which translates into a grade of D. The fund has returned 25.3% over the past year (grade of D), 15.5% over the past three years (grade of F) and 11.9% per year over the past five years (grade of C).

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