# EDGAR Filing Document

**Accession Number:** 0000809593
**File Stem:** 0001752724-25-189570
**Filing Date:** 2025-8
**Character Count:** 14128
**Document Hash:** fae4dd663b02519413499406793221ee
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-189570.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001752724-25-189570

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**PERIOD START**: 20250630

**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:** 251223244

**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 Shapiro Equity Opportunities Fund (Series ID: S000058551)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000192444 | R5 Class       | SHXIX           |
| C000192445 | Investor Class | SHXPX           |
| C000192446 | Y Class        | SHXYX           |
| C000233649 | C Class        | SHXCX           |
| C000233650 | A Class        | SHXAX           |

## 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 Shapiro Equity Opportunities Fund

- **b. EDGAR series identifier (if any):** S000058551

- **c. LEI of Series:** 5493007LIBW7B5N0XK74

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

- **a. Date of fiscal year-end:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $81256097.35

**Total Liabilities:** $117943.80

**Net Assets:** $81138153.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000233650 | -6.47%               | 9.00%                | 6.64%                |
| Class ID C000192445 | -6.49%               | 8.93%                | 6.66%                |
| Class ID C000192446 | -6.51%               | 9.02%                | 6.68%                |
| Class ID C000192444 | -6.47%               | 9.04%                | 6.63%                |
| Class ID C000233649 | -6.50%               | 8.89%                | 6.53%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-22012.58               | $-6796666.23                               |
| Month 2  | $-679571.64              | $7993999.53                                |
| Month 3  | $1742592.94              | $3815443.56                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Penn Entertainment Inc                       | Penn Entertainment, Inc.                          | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    215700 | NS      | $3854559.00   | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies Inc                    | L3Harris Technologies, Inc.                       | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     16105 | NS      | $4039778.20   | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding PLC             | Sensata Technologies Holding PLC                  | CUSIP: 000000000<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | GB        |     47300 | NS      | $1424203.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Lionsgate Studios Corp                       | Lionsgate Studios Corp.                           | CUSIP: 53626N102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    539904 | NS      | $3136842.24   | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                        | Micron Technology, Inc.                           | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     32205 | NS      | $3969266.25   | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co                 | Graphic Packaging Holding Co.                     | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144825 | NS      | $3051462.75   | 3.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Ltd                   | Axalta Coating Systems Ltd.                       | CUSIP: 000000000<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |     42820 | NS      | $1271325.80   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp                        | Truist Financial Corp.                            | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     55500 | NS      | $2385945.00   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                   | Zimmer Biomet Holdings, Inc.                      | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     44965 | NS      | $4101257.65   | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                                 | Alphabet, Inc.                                    | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     23210 | NS      | $4117221.90   | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                           | Walt Disney Co.                                   | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     33250 | NS      | $4123332.50   | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                                  | Target Corp.                                      | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     26150 | NS      | $2579697.50   | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                     | Ultra Clean Holdings, Inc.                        | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |    134625 | NS      | $3038486.25   | 3.74%             |  |  |  | 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        |    683524 | NS      | $683524.27    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                       | Berkshire Hathaway, Inc.                          | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |      7505 | NS      | $3645703.85   | 4.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Topgolf Callaway Brands Corp                 | Topgolf Callaway Brands Corp.                     | CUSIP: 131193104<br>LEI: 5493005UB0KFRKBPCU72 | Long             | EC               | CORP              | US        |    336100 | NS      | $2705605.00   | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                         | Bank of America Corp.                             | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     84500 | NS      | $3998540.00   | 4.93%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc               | SS&C Technologies Holdings, Inc.                  | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     26075 | NS      | $2159010.00   | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corp                            | Devon Energy Corp.                                | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     57920 | NS      | $1842435.20   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corp                               | NCR Voyix Corp.                                   | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    343800 | NS      | $4032774.00   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc                          | Electronic Arts, Inc.                             | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      5405 | NS      | $863178.50    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest Inc                                | Pinterest, Inc.                                   | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102650 | NS      | $3681029.00   | 4.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                                   | Nasdaq, Inc.                                      | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     45835 | NS      | $4098565.70   | 5.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Starz Entertainment Corp                     | Starz Entertainment Corp.                         | CUSIP: 855919106<br>LEI: 5493000JSMHPHZURLM72 | Long             | EC               | CORP              | CA        |     35993 | NS      | $578407.51    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Inc                     | Elanco Animal Health, Inc.                        | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |    284000 | NS      | $4055520.00   | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                  | Hologic, Inc.                                     | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |     58700 | NS      | $3824892.00   | 4.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International Inc                     | Baxter International, Inc.                        | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |     42975 | NS      | $1301283.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings Inc                         | Tenable Holdings, Inc.                            | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |     77525 | NS      | $2618794.50   | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-15

**Name of Applicant:** AMERICAN BEACON FUNDS

**Signature:** Sonia Bates

**Name of Signer:** Sonia Bates

**Title:** Treasurer