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
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0000809593
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C000114556
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C000114557
C000114559
C000114555
S000031209
C000096907
C000096905
C000096906
C000096903
C000096904
S000029125
C000092354
C000089565
C000089563
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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
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Douglas A. Lindgren
001258979
N
Richard A. Massman
000000000
N
Brenda A. Cline
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N
Gilbert G. Alvarado
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N
Joseph B. Armes
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N
Eugene J. Duffy
000000000
N
Claudia A. Holz
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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. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
621461149.00000000
Goldman Sachs & Co. LLC
8-129
000000361
FOR8UP27PHTHYVLBNG30
225884788.00000000
Morgan Stanley & Co. 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. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
118887500.89000000
Goldman Sachs & Co. 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