0001752724-19-158653.txt : 20191112 0001752724-19-158653.hdr.sgml : 20191112 20191112110440 ACCESSION NUMBER: 0001752724-19-158653 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190831 FILED AS OF DATE: 20191112 DATE AS OF CHANGE: 20191112 EFFECTIVENESS DATE: 20191112 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 SEC ACT: 1940 Act SEC FILE NUMBER: 811-04984 FILM NUMBER: 191207162 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 S000029125 American Beacon Zebra Small Cap Equity Fund C000089563 A Class AZSAX C000089564 Institutional Class AZSIX C000089565 Y Class AZSYX C000089566 Investor Class AZSPX C000092354 C Class AZSCX 0000809593 S000031209 American Beacon SiM High Yield Opportunities Fund C000096903 A Class SHOAX C000096904 C Class SHOCX C000096905 Institutional Class SHOIX C000096906 Y Class SHOYX C000096907 Investor Class SHYPX 0000809593 S000037191 American Beacon The London Company Income Equity Fund C000114555 A Class ABCAX C000114556 C Class ABECX C000114557 Y Class ABCYX C000114558 Institutional Class ABCIX C000114559 Investor Class ABCVX 0000809593 S000052009 American Beacon Sound Point Floating Rate Income Fund C000163584 A Class SOUAX C000163585 C Class SOUCX C000163586 Institutional Class SPFLX C000163587 Investor Class SPFPX C000163588 Y Class SPFYX C000163964 SP Class SPFRX N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0000809593 XXXXXXXX 811-04984 false false false N-1A S000052009 C000163586 C000163587 C000163964 C000163585 C000163584 C000163588 S000037191 C000114556 C000114558 C000114557 C000114559 C000114555 S000031209 C000096907 C000096905 C000096906 C000096903 C000096904 S000029125 C000092354 C000089565 C000089563 C000089566 C000089564 AMERICAN BEACON FUNDS 811-04984 0000809593 549300EXCES9V5RWB620 220 EAST LAS COLINAS BOULEVARD SUITE 1200 IRVING 75039 US-TX US 817-391-6100 DST Asset Manager Solutions, Inc 2000 Crown Colony Drive Quincy 02169 800-407-0256 Records related to its functions as transfer agent The London Company of Virginia, LLC 1800 Bayberry Court Richmond 23226 804-775-0317 Records related to its function as sub-adviser State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Custody and Accounting Records. Sound Point Capital Management, LP 375 Park Avenue New York 10152 212-895-2280 Records related to its function as sub-adviser Strategic Income Management, LLC 1200 Westlake Avenue North Seattle 98109-6235 206-971-3773 Records related to its function as sub-adviser American Beacon Advisors, Inc 220 East Las Colinas Boulevard Suite 1200 Irving 75039-5500 817-391-6100 Records relating to its function as advisor Zebra Capital Management, L.L.C. 2187 Atlantic Street Stamford 06902 203-701-5900 Records related to its function as sub-adviser N N N-1A 33 Y Barbara J. McKenna 000000000 N Gerard J. Arpey 000000000 N R. Gerald Turner 000000000 N Alan D. Feld 000000000 Y Douglas A. Lindgren 001258979 N Richard A. Massman 000000000 N Brenda A. Cline 000000000 N Gilbert G. Alvarado 000000000 N Joseph B. Armes 000000000 N Eugene J. Duffy 000000000 N Claudia A. Holz 000000000 N Christina E. Sears 002708589 220 East Las Colinas Boulevard Suite 1200 Irving 75039 XXXXXX N N N N N N Resolute Investment Distributors, Inc. 8-69912 000287788 00000000000000000000 Y N Ernst & Young U.S. LLP 42 254900H1VLSDPE6LJK37 N N N N N N N American Beacon Sound Point Floating Rate Income Fund S000052009 549300QYOTL07RDZ7578 N 6 0 0 N/A N N N N N/A N/A N/A Rule 17a-7 (17 CFR 270.17a-7) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 22d-1 (17 CFR 270.22d-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y Y American Beacon Advisors, Inc. 801-29198 000105552 549300AJADEWUE8OXQ32 N Sound Point Capital Management, LP 801-72515 000157479 549300FZ417XL0BBLZ51 N N DST Asset Manager Solutions, Inc. 84-00896 00000000000000000000 N N N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N Bloomberg L.P. 549300B56MD0ZC402L06 N ICE Data Services, Inc. 13-3668779 Tax ID N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 84-00896 SEC File Number N N N American Beacon Advisors, Inc. 549300AJADEWUE8OXQ32 Y N N Resolute Investment Distributors, Inc. 8-69912 000287788 00000000000000000000 0.00000000 0.00000000 Deutsche Bank Securities Inc. 8-17822 000002525 9J6MBOOO7BECTDTUZW19 135246425.00000000 The Depository Trust Company N/A 000000000 549300HBJLRO8YFMI370 229719653.02000000 J.P. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 138606480.00000000 Merrill Lynch, Pierce, Fenner & Smith Incorporated 8-7221 000007691 8NAV47T0Y26Q87Y0QP81 321562622.00000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 126799310.00000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 183781815.00000000 UBS Securities LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 114560906.00000000 Credit Suisse Securities (USA) LLC 8-422 000000816 1V8Y6QCX6YMJ2OELII46 261688788.00000000 5179771108.21000000 N 1944150672.20000000 Committed 250000000.00000000 Uncommitted 50000000.00000000 N N N American Beacon Zebra Small Cap Equity Fund S000029125 5493000UAHC2YT5PUD62 N 5 0 0 N/A N N Y N N Revenue sharing split 320930.73000000 1556.00000000 Rule 22d-1 (17 CFR 270.22d-1) Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N American Beacon Advisors, Inc. 801-29198 000105552 549300AJADEWUE8OXQ32 N Zebra Capital Management, L.L.C. 801-63475 000126285 549300HPKQ1MJS1B1Z11 N N DST Asset Manager Solutions, Inc. 84-00896 00000000000000000000 N N N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N Bloomberg L.P. 549300B56MD0ZC402L06 N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N ICE Data Services, Inc. 13-3668779 Tax ID N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 84-00896 SEC File Number N N N American Beacon Advisors, Inc. 549300AJADEWUE8OXQ32 Y N N Resolute Investment Distributors, Inc. 8-69912 000287788 00000000000000000000 0.00000000 Virtu Itg LLC 8-44218 000029299 549300S41SMIODVIT266 12827.72000000 UBS Securities LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 17865.37000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 5787.36000000 Instinet, LLC 8-23669 000007897 549300MGMN3RKMU8FT57 1681.18000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 79189.48000000 Merrill Lynch, Pierce, Fenner & Smith Incorporated 8-7221 000007691 8NAV47T0Y26Q87Y0QP81 1828.45000000 119179.56000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 99735.08000000 99735.08000000 N 74103162.73000000 Uncommitted 50000000.00000000 N Committed 250000000.00000000 N N N American Beacon SiM High Yield Opportunities Fund S000031209 0MZETX8CVFTL4Y6V3W63 N 5 0 0 N/A N N N N N/A N/A N/A Rule 32a-4 (17 CFR 270.32a-4) Rule 22d-1 (17 CFR 270.22d-1) Y Y Y Y American Beacon Advisors, Inc. 801-29198 000105552 549300AJADEWUE8OXQ32 N Strategic Income Management, LLC 801-71765 000151956 54930067GDH4HCWUKB07 N N DST Asset Manager Solutions, Inc. 84-00896 00000000000000000000 N N N ICE Data Services, Inc. 13-3668779 Tax ID N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N Bloomberg L.P. 549300B56MD0ZC402L06 N N State Street Trust Company Canada 549300L71XG2CTQ2V827 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company (Edinburgh, GB, Branch) 571474TGEMMWANRLN572 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank International GmbH ZMHGNT7ZPKZ3UFZ8EO46 DE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) BNP Paribas Securities Services (Athens, Attica, GR, Branch) 549300WCGB70D06XZS54 GR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Deutsche Bank Societa per Azioni 529900SS7ZWCX82U3W60 IT N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex 2SFFM4FUIE05S37WFU55 MX N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Deutsche Bank Aktiengesellschaft (Amsterdam, Noord Holland, NL, Branch) 7LTWFZYICNSX8D621K86 NL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Nordea Bank AB (Oslo, Oslo, NO, Branch) 6SCPQ280AIY8EP3XFW53 NO N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) FirstRand Bank Limited ZAYQDKTCATIXF9OQY690 ZA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank Europe Public Limited Company (Budapest, HU, Branch) N1FBEDJ5J41VKZLO2475 HU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Bank Handlowy w Warszawie Spolka Akcyjna XLEZHWWOI4HFQDGL4793 PL N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Nordea Bank AB (publ) (Helsinki, Uusimaa, FI, Branch) 6SCPQ280AIY8EP3XFW53 FI N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Clearstream Banking S.A. 549300OL514RA0SXJJ44 LU N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) Deutsche Bank Aktiengesellschaft (Vienna, Vienna, AT, Branch) 7LTWFZYICNSX8D621K86 AT N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Standard Chartered Bank (Thai) Public Company Limited 549300O1LQYCQ7G1IM57 TH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Standard Chartered Bank (Hong Kong) Limited X5AV1MBDXGRPX5UGMX13 HK N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch) 7LTWFZYICNSX8D621K86 PH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch) 2HI3YI5320L3RW6NJ957 AU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N DST Asset Manager Solutions, Inc. 84-00896 SEC File Number N N N American Beacon Advisors, Inc. 549300AJADEWUE8OXQ32 Y N N Resolute Investment Distributors, Inc. 8-69912 000287788 00000000000000000000 0.00000000 Mellon Bank, N.A. N/A 000000000 00000000000000000000 HK 1394.27000000 Oppenheimer & Co. Inc. 8-4077 000000249 254900VH02JQR2L8XD64 36.00000000 Cowen and Company, LLC 8-22522 000007616 549300WR155U7DVMIW58 21391.62000000 ADM Investor Services, Inc. N/A 000000000 I9O8MELCUVOTLJABOX92 15197.22000000 38019.11000000 Robert W. Baird & Co. Incorporated 8-497 000008158 549300772UJAHRD6LO53 50219130.00000000 MarketAxess Corporation 8-50727 000044542 GPSMMRI21JE7ZCVYF972 36271859.44000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 94487448.20000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 61444648.60000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 66557577.79000000 Credit Suisse Securities (USA) LLC 8-422 000000816 1V8Y6QCX6YMJ2OELII46 53842900.70000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 59357335.00000000 Wells Fargo Securities, LLC 8-65876 000126292 VYVVCKR63DVZZN70PB21 78849895.18000000 J.P. 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LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 93042133.75000000 963248166.13000000 N 1151400309.01000000 Uncommitted 50000000.00000000 N Committed 250000000.00000000 N N N American Beacon The London Company Income Equity Fund S000037191 549300POLGA2XPGZPT36 N 5 0 0 N/A N N Y N Cash collateral reinvestment fee N/A N/A Rule 32a-4 (17 CFR 270.32a-4) Rule 22d-1 (17 CFR 270.22d-1) N N N N American Beacon Advisors, Inc. 801-29198 000105552 549300AJADEWUE8OXQ32 N The London Company of Virginia, LLC 801-46604 000106654 5493002IGC8HMV7IU214 N N DST Asset Manager Solutions, Inc. 84-00896 00000000000000000000 N N N Bloomberg L.P. 549300B56MD0ZC402L06 N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N PricingDirect Inc. 549300WIC0TOJ7N7GD54 N ICE Data Services, Inc. 13-3668779 Tax ID N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N DST Asset Manager Solutions, Inc. 84-00896 SEC File Number N N N American Beacon Advisors, Inc. 549300AJADEWUE8OXQ32 Y N N Resolute Investment Distributors, Inc. 8-69912 000287788 00000000000000000000 0.00000000 Weeden & Co. L.P. 8-37267 000016835 549300OYBLKSN8M8EW67 38848.50000000 Virtu Itg LLC 8-44218 000029299 549300S41SMIODVIT266 6136.17000000 BTIG, LLC 8-65473 000122225 549300GTG9PL6WO3EC51 6768.00000000 Sanford C. Bernstein & Co., LLC 8-52942 000104474 549300I7JYZHT7D5CO04 18512.13000000 Hilltop Securities Inc. 8-45123 000006220 549300IXU82PMU6XZT45 8580.90000000 Cowen and Company, LLC 8-22522 000007616 549300WR155U7DVMIW58 31337.94000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 10352.84000000 Rosenblatt Securities Inc. 8-24255 000018377 549300KXQP6H4QO07E91 5856.00000000 JonesTrading Institutional Services LLC 8-26089 000006888 2138008JJ5PA8H5UIL69 22750.80000000 Jefferies LLC 8-15074 000002347 58PU97L1C0WSRCWADL48 8161.55000000 165921.53000000 0.00000000 N 1036796717.47000000 Uncommitted 50000000.00000000 N Committed 250000000.00000000 N N N N true INTERNAL CONTROL RPT 2 NCEN_3179063340965582.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 The London Company Income Equity Fund, American Beacon SiM High Yield Opportunities Fund, American Beacon Sound Point Floating Rate Income Fund, and American Beacon Zebra Small Cap Equity Fund ) (the Trust) as of and for the year ended August 31, 2019, 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 U.S. 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 August 31, 2019. 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 October 25, 2019