# EDGAR Filing Document

**Accession Number:** 0000809593
**File Stem:** 0001410368-25-017220
**Filing Date:** 2025-10
**Character Count:** 14552
**Document Hash:** 5a6f2a0490f3b2b3bf050493e2104cd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-017220.hdr.sgml**: 20251024

**ACCESSION NUMBER**: 0001410368-25-017220

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251024

**DATE AS OF CHANGE**: 20251024

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN BEACON FUNDS
- **CENTRAL INDEX KEY:** 0000809593

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04984
- **FILM NUMBER:** 251415136

**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

## Series and Classes Contracts Data

### American Beacon Ninety One Global Franchise Fund (Series ID: S000088560)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000254860 | Y Class      | ZGFAX           |
| C000254861 | R6 Class     | ZGFRX           |
| C000254862 | R5 Class     | ZGFIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** AMERICAN BEACON FUNDS

- **b. Investment Company Act file number:** 811-04984

- **c. CIK number of Registrant:** 0000809593

- **d. LEI of Registrant:** 549300EXCES9V5RWB620

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 220 EAST LAS COLINAS BOULEVARD

  - **City:** IRVING

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75039

  - **Telephone number:** 817-391-6100

**Item A.2. Information about the Series.**

- **a. Name of Series:** American Beacon Ninety One Global Franchise Fund

- **b. EDGAR series identifier (if any):** S000088560

- **c. LEI of Series:** 529900H413TZGLCXTJ47

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $448959561.94

**Total Liabilities:** $422488.45

**Net Assets:** $448537073.49

**Cash Not Reported:** $13230.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254862 | 2.20%                | -2.66%               | 1.39%                |
| Class ID C000254860 | 2.21%                | -2.67%               | 1.40%                |
| Class ID C000254861 | 2.25%                | -2.66%               | 1.39%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $9522804.87                                |
| Month 2  | $-714815.58              | $-11126125.02                              |
| Month 3  | $1677679.65              | $4350586.84                                |

### Schedule of Portfolio Investments

| Name                                         | Title                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NetEase Inc                                  | NetEase, Inc.                                     | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |    132737 | NS      | $18077452.03  | 4.03%             |  |  |  | No            |                  1 | On Loan: No      |
| St James's Place PLC                         | St. James's Place PLC                             | CUSIP: 000000000<br>LEI: 213800M993ICXOMBCP87 | Long             | EC               | CORP              | GB        |    257210 | NS      | $4414954.18   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE          | LVMH Moet Hennessy Louis Vuitton SE               | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |     19984 | NS      | $11775394.47  | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Intuit Inc                                   | Intuit, Inc.                                      | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     27944 | NS      | $18638648.00  | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                                | Beiersdorf AG                                     | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |    122704 | NS      | $14119736.30  | 3.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                                 | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     63641 | NS      | $11275275.97  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                              | ASML Holding NV                                   | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |     36224 | NS      | $26908897.46  | 6.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Philip Morris International Inc              | Philip Morris International, Inc.                 | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    142283 | NS      | $23779757.79  | 5.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd        | Check Point Software Technologies Ltd.            | CUSIP: 000000000<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     52260 | NS      | $10093496.40  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| American Beacon U.S. Government Money Market | American Beacon U.S. Government Money Market Fund | CUSIP: 02368W200<br>LEI: 549300EXCES9V5RWB620 | Long             | STIV             | RF                | US        |  30969666 | NS      | $30969665.78  | 6.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corp                                 | Moody's Corp.                                     | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     16885 | NS      | $8607297.60   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                 | Alphabet, Inc.                                    | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     97733 | NS      | $20808333.03  | 4.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                     | Visa, Inc.                                        | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    109336 | NS      | $38462218.08  | 8.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG                                  | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |     35234 | NS      | $11502219.51  | 2.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp                               | Microsoft Corp.                                   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     70414 | NS      | $35678069.66  | 7.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc                         | Align Technology, Inc.                            | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     43483 | NS      | $6172846.68   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Cos Inc                     | Marsh & McLennan Cos., Inc.                       | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     26850 | NS      | $5525998.50   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PLC              | London Stock Exchange Group PLC                   | CUSIP: 000000000<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |     92957 | NS      | $11521154.39  | 2.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Monster Beverage Corp                        | Monster Beverage Corp.                            | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    132695 | NS      | $8281494.95   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                                     | ICON PLC                                          | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |     60333 | NS      | $10735654.02  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc                 | FactSet Research Systems, Inc.                    | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     21777 | NS      | $8129789.64   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| VeriSign Inc                                 | VeriSign, Inc.                                    | CUSIP: 92343E102<br>LEI: LMPL4N8ZOJRMF0KOF759 | Long             | EC               | CORP              | US        |     34782 | NS      | $9508355.34   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corp                    | Edwards Lifesciences Corp.                        | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |    144347 | NS      | $11741184.98  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                                 | Autodesk, Inc.                                    | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     57805 | NS      | $18191233.50  | 4.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                   | Samsung Electronics Co. Ltd.                      | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      5268 | NS      | $6509418.34   | 1.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Electronic Arts Inc                          | Electronic Arts, Inc.                             | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     83045 | NS      | $14279587.75  | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing Inc                | Automatic Data Processing, Inc.                   | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     39616 | NS      | $12045244.80  | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                         | Booking Holdings, Inc.                            | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      4017 | NS      | $22491383.85  | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                               | S&P Global, Inc.                                  | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     17465 | NS      | $9578504.60   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                       | Motorola Solutions, Inc.                          | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     14885 | NS      | $7032567.10   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-15

**Name of Applicant:** AMERICAN BEACON FUNDS

**Signature:** Sonia Bates

**Name of Signer:** Sonia Bates

**Title:** Treasurer