0001752724-19-157061.txt : 20191104 0001752724-19-157061.hdr.sgml : 20191104 20191104092353 ACCESSION NUMBER: 0001752724-19-157061 CONFORMED SUBMISSION TYPE: N-CEN/A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181231 FILED AS OF DATE: 20191104 DATE AS OF CHANGE: 20191104 EFFECTIVENESS DATE: 20191104 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN BEACON FUNDS CENTRAL INDEX KEY: 0000809593 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-CEN/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-04984 FILM NUMBER: 191188411 BUSINESS ADDRESS: STREET 1: 220 EAST LAS COLINAS BOULEVARD STREET 2: SUITE 1200 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 8173916100 MAIL ADDRESS: STREET 1: 220 EAST LAS COLINAS BOULEVARD STREET 2: SUITE 1200 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN AADVANTAGE FUNDS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN EAGLE FUNDS DATE OF NAME CHANGE: 19890813 0000809593 S000035895 American Beacon Stephens Small Cap Growth Fund C000110026 A Class SPWAX C000110027 C Class SPWCX C000110028 Institutional Class STSIX C000110029 Y Class SPWYX C000110030 Investor Class STSGX C000213181 R6 Class STSRX 0000809593 S000035896 American Beacon Stephens Mid-Cap Growth Fund C000110031 Investor Class STMGX C000110032 A Class SMFAX C000110033 C Class SMFCX C000110034 Institutional Class SFMIX C000110035 Y Class SMFYX C000210485 Class R6 SFMRX 0000809593 S000035897 American Beacon Bridgeway Large Cap Value Fund C000110036 A Class BWLAX C000110037 C Class BWLCX C000110038 Institutional Class BRLVX C000110039 Y Class BWLYX C000110040 Investor Class BWLIX C000190448 R6 Class BWLRX 0000809593 S000046078 American Beacon AHL Managed Futures Strategy Fund C000144085 A CLASS AHLAX C000144086 C CLASS AHLCX C000144087 Y CLASS AHLYX C000144088 INSTITUTIONAL CLASS AHLIX C000144089 INVESTOR CLASS AHLPX 0000809593 S000046098 American Beacon Bahl & Gaynor Small Cap Growth Fund C000144220 A Class GBSAX C000144221 C Class GBSCX C000144222 Y Class GBSYX C000144223 Institutional Class GBSIX C000144224 Investor Class GBSPX 0000809593 S000051599 American Beacon Bridgeway Large Cap Growth Fund C000162332 A Class BLYAX C000162333 C Class BLYCX C000162334 Institutional Class BRLGX C000162335 Investor Class BLYPX C000162336 Y Class BLYYX C000202403 Class R6 BLYRX 0000809593 S000064066 American Beacon AHL TargetRisk Fund C000207200 Institutional Class AHTIX C000207201 Y Class AHTYX C000207202 Investor Class AHTPX C000213182 C Class AHACX C000213183 A Class AHTAX N-CEN/A 1 primary_doc.xml X0201 N-CEN/A 0001752724-19-011831 LIVE 0000809593 XXXXXXXX 811-04984 false false false N-1A S000035895 true S000035897 true S000046078 true S000051599 true S000046098 true S000035896 true S000049467 true S000064066 true AMERICAN BEACON FUNDS 811-04984 0000809593 549300EXCES9V5RWB620 220 EAST LAS COLINAS BOULEVARD SUITE 1200 IRVING 75039 US-TX US (817) 391-6100 American Beacon Advisors, Inc 220 E. Las Colinas Boulevard Suite 1200 Irving 75039-500 817-391-6100 Records relating to its function as advisor State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Custody and Accounting Records. DST Asset Manager Solutions, Inc 2000 Crown Colony Drive Quincy 02169 800-407-0256 Records related to its functions as transfer agents Stephens Investment Management Group, LLC 111 Center Street Little Rock 72201 800-378-3413 Records related to its function as sub-advisor AHL Partners LLP 2 Swan Lake London GB EC4R 3AD 44-20-7144-1000 Records related to its function as sub-advisor Bahl & Gaynor, Inc., D/B/A Bahl & Gaynor Investment Counsel, Inc. 255 East Fifth Street Suite 2700 Cincinnati 45202 800-341-1810 Records related to its function as sub-advisor Bridgeway Capital Management, Inc. 20 Greenway Plaza Suite 450 Houston 77046 713-661-3500 Records related to its function as sub-advisor Ionic Capital Management LLC 475 Fifth Avenue 9th Floor New York 10017 212-294-8500 Records related to its function as sub-advisor N N N-1A 33 Y Claudia A. Holz 000000000 N Barbara J. McKenna 000000000 N Alan D. Feld 000000000 Y Joseph B. Armes 000000000 N Eugene J. Duffy 000000000 N Gilbert G. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 14915.20000000 876543.20000000 Y 533559858.67000000 Committed 250000000.00000000 N Uncommitted 50000000.00000000 N N N true INTERNAL CONTROL RPT 2 ambeacind_reg_acct.txt Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Trustees of American Beacon Funds In planning and performing our audits of the financial statements of American Beacon Funds (comprised of American Beacon AHL Managed Futures Strategy Fund, American Beacon AHL Target Risk Fund, American Beacon Bahl & Gaynor Small Cap Growth Fund, American Beacon Bridgeway Large Cap Growth Fund, American Beacon Bridgeway Large Cap Value Fund, American Beacon Ionic Strategic Arbitrage Fund, American Beacon Stephens Mid-Cap Growth Fund, and American Beacon Stephens Small Cap Growth Fund) (the Trust) as of and for the periods ended December 31, 2018, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Trust's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Trust's internal control over financial reporting. Accordingly, we express no such opinion. The management of the Trust is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A trust's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A trust's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the trust; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the trust are being made only in accordance with authorizations of management and trustees of the trust; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a trust's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the Trust's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Trust's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Trust's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of December 31, 2018. This report is intended solely for the information and use of management and the Board of Trustees of the Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ Ernst & Young LLP Dallas, Texas February 26, 2019 Information Classification: Limited Access Information Classification: Limited Access