# EDGAR Filing Document

**Accession Number:** 0001096012
**File Stem:** 0001410368-26-067713
**Filing Date:** 2026-6
**Character Count:** 67531
**Document Hash:** a46b1846a5a588d5ffef213c5edd89d1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-067713.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0001410368-26-067713

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20270131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN BEACON SELECT FUNDS
- **CENTRAL INDEX KEY:** 0001096012

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09603
- **FILM NUMBER:** 261128706

**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 SELECT FUNDS
- **DATE OF NAME CHANGE:** 20011130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN SELECT FUNDS
- **DATE OF NAME CHANGE:** 19990929

## Series and Classes Contracts Data

### American Beacon GLG Natural Resources ETF (Series ID: S000083896)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000247981 | American Beacon GLG Natural Resources ETF | MGNR            |

## Nport-Ex

**United States** 

**Securities and Exchange Commission** 

**Washington, DC 20549** 

**FORM N-Q** 

**QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS** 

**OF REGISTERED MANAGEMENT INVESTMENT COMPANY** 

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

## AMERICAN BEACON SELECT FUNDS
**(Exact name of Registrant as specified in charter)** 

**220 East Las Colinas Blvd., Suite 1200** 

**Irving, Texas 75039** 

**(Address of principal executive offices) (Zip code)** 

**Gregory J. Stumm, PRESIDENT** 

**220 East Las Colinas Blvd., Suite 1200** 

**Irving, Texas 75039** 

**(Name and address of agent for service)** 

**Registrant's telephone number, including area code: (817) 391-6100** 

**Date of fiscal year end: January 31, 2027** 

**Date of reporting period: April 30, 2026** 

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A Registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A Registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

------

ITEM 1. SCHEDULE OF INVESTMENTS.

------

**American Beacon AHL Trend ETF<sup>SM</sup>** 

**Consolidated Schedule of Investments** 

April 30, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Fair Value** |
|  **SHORT-TERM INVESTMENTS - 85.2%** |  |  |
|  **U.S. Treasury Obligations - 85.2%** |  |  |
|  U.S. Treasury Bills, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.619%, Due 5/28/2026<sup>A</sup> <sup>B</sup> <sup>C</sup> | $8500000 | $8477241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.649%, Due 6/25/2026<sup>B</sup> <sup>C</sup> | 7500000 | 7458423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.682%, Due 7/9/2026<sup>A</sup> <sup>B</sup> <sup>C</sup> | 2000000 | 1986185 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.643%, Due 8/6/2026<sup>A</sup> <sup>B</sup> <sup>C</sup> | 2000000 | 1980642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.660%, Due 8/13/2026<sup>A</sup> <sup>B</sup> <sup>C</sup> | 10500000 | 10391236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.706%, Due 9/3/2026<sup>A</sup> <sup>B</sup> <sup>C</sup> | 1000000 | 987548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.681%, Due 9/17/2026<sup>A</sup> <sup>B</sup> <sup>C</sup> | 9150000 | 9023027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.674%, Due 9/24/2026<sup>B</sup> <sup>C</sup> | 2000000 | 1970747 |
|  |  | **42275049** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Short-Term Investments (Cost $42,278,409)** |  | **42275049** |
|  **TOTAL INVESTMENTS - 85.2% (Cost $42,278,409)** |  | **42275049** |
|  **OTHER ASSETS, NET OF LIABILITIES - 14.8%** |  | **7353324** |
|  **TOTAL NET ASSETS - 100.0%** |  | $**49628373** |

---

Percentages are stated as a percent of net assets.

<sup>A</sup> All or a portion represents positions held by the American Beacon Cayman Trend Company, Ltd.

<sup>B</sup> Coupon represents a weighted average yield to maturity.

<sup>C</sup> Zero coupon bond.

***Long Futures Contracts Open on April 30, 2026:***

**Commodity Futures Contracts** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration Date** | **Notional Amount** | **Contract Value** | **Unrealized<br>Appreciation**<br>**(Depreciation)** |
|  COMEX Copper Futures<sup>A</sup> | 20 | July 2026 | $3043699 | $2990250 | $(53449) |
|  COMEX Gold 100 Troy Ounces Futures<sup>A</sup> | 8 | June 2026 | 3502764 | 3703680 | 200916 |
|  COMEX Silver Futures<sup>A</sup> | 4 | July 2026 | 1602427 | 1480560 | (121867) |
|  ICE Brent Crude Oil Futures<sup>A</sup> | 22 | May 2026 | 1999829 | 2428800 | 428971 |
|  NYMEX Light Sweet Crude Oil Futures<sup>A</sup> | 22 | May 2026 | 1989576 | 2311540 | 321964 |
|  NYMEX Light Sweet Crude Oil Futures<sup>A</sup> | 1 | June 2026 | 99062 | 99140 | 78 |
|  |  |  | $12237357 | $13013970 | $776613 |
|  <br> **Equity Futures Contracts**<br>|  |  |  |  |  |
| **Description** | **Number of<br>Contracts** | **Expiration Date** | **Notional Amount** | **Contract Value** | **Unrealized<br>Appreciation**<br>**(Depreciation)** |
|  CME E-Mini NASDAQ 100 Index Futures | 8 | June 2026 | $4274293 | $4415360 | $141067 |
|  CME E-Mini Russell 2000 Index Futures | 30 | June 2026 | 4063909 | 4211700 | 147791 |
|  CME E-Mini Standard & Poor's 500 Index Futures | 23 | June 2026 | 8163999 | 8330312 | 166313 |
|  Eurex DAX Index Futures | 2 | June 2026 | 1434967 | 1431090 | (3877) |
|  Eurex EURO STOXX 50 Futures | 40 | June 2026 | 2727125 | 2741646 | 14521 |
|  ICE FTSE 100 Index Futures | 32 | June 2026 | 4554743 | 4519213 | (35530) |
|  TSE TOPIX Futures | 11 | June 2026 | 2597506 | 2630641 | 33135 |
|  |  |  | $27816542 | $28279962 | $463420 |
| <br> ***Short Futures Contracts Open on April 30, 2026:*** | <br> ***Short Futures Contracts Open on April 30, 2026:*** | <br> ***Short Futures Contracts Open on April 30, 2026:*** | <br> ***Short Futures Contracts Open on April 30, 2026:*** | <br> ***Short Futures Contracts Open on April 30, 2026:*** | <br> ***Short Futures Contracts Open on April 30, 2026:*** |
|  **Interest Rate Futures Contracts**<br>|  |  |  |  |  |
| **Description** | **Number of<br>Contracts** | **Expiration Date** | **Notional Amount** | **Contract Value** | **Unrealized<br>Appreciation**<br>**(Depreciation)** |
|  CBOT 5 Year U.S. Treasury Notes Futures | 134 | June 2026 | $(14480793) | $(14450016) | $30777 |
|  CBOT 10 Year U.S. Treasury Notes Futures | 94 | June 2026 | (10400331) | (10395812) | 4519 |
|  CBOT U.S. Long Bond Futures | 18 | June 2026 | (2034387) | (2031187) | 3200 |
|  CBOT Ultra Long Term U.S. Treasury Bond Futures | 33 | June 2026 | (3827338) | (3796031) | 31307 |
|  Eurex 5 Year Euro BOBL Futures | 148 | June 2026 | (20123911) | (20053683) | 70228 |
|  Eurex 10 Year Euro BUND Futures | 107 | June 2026 | (15803610) | (15742774) | 60836 |

---

*See accompanying notes* 

------

**American Beacon AHL Trend ETF<sup>SM</sup>** 

**Consolidated Schedule of Investments** 

April 30, 2026 (Unaudited)

***Short Futures Contracts Open on April 30, 2026 (continued):***

**Interest Rate Futures Contracts (continued)** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Description** | **Number of<br>Contracts** | **Expiration Date** | **Notional Amount** | **Contract Value** | **Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
|  ICE Long Gilt Futures | 32 | June 2026 | $(3810796) | $(3770474) | $40322 |
|  |  |  | $(70481166) | $(70239977) | $241189 |

---

<sup>A</sup> All or a portion represents positions held by the American Beacon Cayman Trend Company, Ltd.

***Forward Foreign Currency Contracts Open on April 30, 2026:***

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased<sup>\*</sup>** | **Currency Purchased<sup>\*</sup>** | **Currency Sold<sup>\*</sup>** | **Currency Sold<sup>\*</sup>** | **Settlement Date** | **Counterparty** | **Unrealized<br>Appreciation** | **Unrealized<br>(Depreciation)** | **Net Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
| EUR | 117481 | USD | 116280 | 5/26/2026 | BNP | $1201 | $— | $1201 |
| EUR | 117481 | USD | 117221 | 5/26/2026 | BNP | 260 |  | 260 |
| USD | 115703 | EUR | 117481 | 5/26/2026 | BNP |  | (1778) | (1778) |
| USD | 117229 | EUR | 117481 | 5/26/2026 | BNP |  | (252) | (252) |
| USD | 231053 | EUR | 234962 | 5/26/2026 | BNP |  | (3909) | (3909) |
| USD | 231706 | EUR | 234962 | 5/26/2026 | BNP |  | (3256) | (3256) |
| USD | 349185 | EUR | 352442 | 5/26/2026 | BNP |  | (3257) | (3257) |
| EUR | 469923 | USD | 470764 | 5/26/2026 | BNP |  | (841) | (841) |
| EUR | 469923 | USD | 471732 | 5/26/2026 | BNP |  | (1809) | (1809) |
| USD | 462003 | EUR | 469923 | 5/26/2026 | BNP |  | (7920) | (7920) |
| USD | 574816 | EUR | 587404 | 5/26/2026 | BNP |  | (12588) | (12588) |
| USD | 580319 | EUR | 587403 | 5/26/2026 | BNP |  | (7084) | (7084) |
| EUR | 704884 | USD | 702552 | 5/26/2026 | BNP | 2332 |  | 2332 |
| EUR | 704884 | USD | 707038 | 5/26/2026 | BNP |  | (2154) | (2154) |
| EUR | 822365 | USD | 824076 | 5/26/2026 | BNP |  | (1711) | (1711) |
| EUR | 822365 | USD | 825479 | 5/26/2026 | BNP |  | (3114) | (3114) |
| EUR | 1057326 | USD | 1054015 | 5/26/2026 | BNP | 3311 |  | 3311 |
| EUR | 1174807 | USD | 1182373 | 5/26/2026 | BNP |  | (7566) | (7566) |
| EUR | 1762210 | USD | 1771080 | 5/26/2026 | BNP |  | (8870) | (8870) |
| USD | 6962276 | EUR | 7048841 | 5/26/2026 | BNP |  | (86565) | (86565) |
| USD | 62408 | JPY | 63875 | 5/1/2026 | HUB |  | (1467) | (1467) |
| USD | 62561 | JPY | 63875 | 5/1/2026 | HUB |  | (1314) | (1314) |
| USD | 62595 | JPY | 63875 | 5/1/2026 | HUB |  | (1280) | (1280) |
| USD | 62602 | JPY | 63875 | 5/1/2026 | HUB |  | (1273) | (1273) |
| USD | 62631 | JPY | 63876 | 5/1/2026 | HUB |  | (1245) | (1245) |
| USD | 62649 | JPY | 63875 | 5/1/2026 | HUB |  | (1226) | (1226) |
| USD | 62672 | JPY | 63876 | 5/1/2026 | HUB |  | (1204) | (1204) |
| AUD | 71995 | USD | 71590 | 5/1/2026 | HUB | 405 |  | 405 |
| AUD | 71995 | USD | 71870 | 5/1/2026 | HUB | 125 |  | 125 |
| CAD | 73619 | USD | 73138 | 5/1/2026 | HUB | 481 |  | 481 |
| CAD | 73619 | USD | 73190 | 5/1/2026 | HUB | 429 |  | 429 |
| CAD | 73619 | USD | 73457 | 5/1/2026 | HUB | 162 |  | 162 |
| CAD | 73619 | USD | 73466 | 5/1/2026 | HUB | 153 |  | 153 |
| CAD | 73619 | USD | 73469 | 5/1/2026 | HUB | 150 |  | 150 |
| CAD | 73619 | USD | 73492 | 5/1/2026 | HUB | 127 |  | 127 |
| CAD | 73619 | USD | 73555 | 5/1/2026 | HUB | 64 |  | 64 |
| USD | 142307 | AUD | 143990 | 5/1/2026 | HUB |  | (1683) | (1683) |
| JPY | 447127 | USD | 435636 | 5/1/2026 | HUB | 11491 |  | 11491 |
| AUD | 71995 | USD | 71243 | 5/4/2026 | HUB | 752 |  | 752 |
| USD | 62269 | JPY | 63875 | 5/7/2026 | HUB |  | (1606) | (1606) |
| USD | 62286 | JPY | 63875 | 5/7/2026 | HUB |  | (1589) | (1589) |
| USD | 62406 | JPY | 63875 | 5/7/2026 | HUB |  | (1469) | (1469) |
| USD | 62432 | JPY | 63875 | 5/7/2026 | HUB |  | (1443) | (1443) |
| GBP | 68036 | USD | 67340 | 5/26/2026 | HUB | 696 |  | 696 |
| USD | 66084 | GBP | 68036 | 5/26/2026 | HUB |  | (1952) | (1952) |
| USD | 66442 | GBP | 68036 | 5/26/2026 | HUB |  | (1594) | (1594) |
| USD | 67133 | GBP | 68036 | 5/26/2026 | HUB |  | (903) | (903) |
| USD | 67399 | GBP | 68036 | 5/26/2026 | HUB |  | (637) | (637) |
| GBP | 136072 | USD | 135026 | 5/26/2026 | HUB | 1046 |  | 1046 |
| USD | 135524 | GBP | 136072 | 5/26/2026 | HUB |  | (548) | (548) |

---

*See accompanying notes* 

------

**American Beacon AHL Trend ETF<sup>SM</sup>** 

**Consolidated Schedule of Investments** 

April 30, 2026 (Unaudited)

***Forward Foreign Currency Contracts Open on April 30, 2026 (continued):***

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased<sup>\*</sup>** | **Currency Purchased<sup>\*</sup>** | **Currency Sold<sup>\*</sup>** | **Currency Sold<sup>\*</sup>** | **Settlement Date** | **Counterparty** | **Unrealized<br>Appreciation** | **Unrealized<br>(Depreciation)** | **Net Unrealized**<br>**Appreciation**<br>**(Depreciation)** |
| GBP | 204108 | USD | 202438 | 5/26/2026 | HUB | $1670 | $— | $1670 |
| AUD | 143934 | USD | 142243 | 5/26/2026 | HUB | 1691 |  | 1691 |
| GBP | 272144 | USD | 270362 | 5/26/2026 | HUB | 1782 |  | 1782 |
| GBP | 272144 | USD | 270432 | 5/26/2026 | HUB | 1712 |  | 1712 |
| USD | 201512 | GBP | 204108 | 5/26/2026 | HUB |  | (2596) | (2596) |
| GBP | 340180 | USD | 337563 | 5/26/2026 | HUB | 2617 |  | 2617 |
| USD | 265406 | GBP | 272144 | 5/26/2026 | HUB |  | (6738) | (6738) |
| USD | 268613 | GBP | 272144 | 5/26/2026 | HUB |  | (3531) | (3531) |
| USD | 270408 | GBP | 272144 | 5/26/2026 | HUB |  | (1736) | (1736) |
| USD | 271217 | GBP | 272144 | 5/26/2026 | HUB |  | (927) | (927) |
| GBP | 408216 | USD | 405409 | 5/26/2026 | HUB | 2807 |  | 2807 |
| USD | 333884 | GBP | 340180 | 5/26/2026 | HUB |  | (6296) | (6296) |
| AUD | 287867 | USD | 284851 | 5/26/2026 | HUB | 3016 |  | 3016 |
| GBP | 544288 | USD | 539574 | 5/26/2026 | HUB | 4714 |  | 4714 |
| USD | 404461 | GBP | 408216 | 5/26/2026 | HUB |  | (3755) | (3755) |
| GBP | 612324 | USD | 603670 | 5/26/2026 | HUB | 8654 |  | 8654 |
| USD | 469788 | GBP | 476252 | 5/26/2026 | HUB |  | (6464) | (6464) |
| USD | 471242 | GBP | 476252 | 5/26/2026 | HUB |  | (5010) | (5010) |
| AUD | 359834 | USD | 356764 | 5/26/2026 | HUB | 3070 |  | 3070 |
| AUD | 359834 | USD | 357987 | 5/26/2026 | HUB | 1847 |  | 1847 |
| AUD | 359834 | USD | 358092 | 5/26/2026 | HUB | 1742 |  | 1742 |
| AUD | 359834 | USD | 358157 | 5/26/2026 | HUB | 1677 |  | 1677 |
| GBP | 680360 | USD | 675337 | 5/26/2026 | HUB | 5023 |  | 5023 |
| USD | 533573 | GBP | 544288 | 5/26/2026 | HUB |  | (10715) | (10715) |
| USD | 534611 | GBP | 544288 | 5/26/2026 | HUB |  | (9677) | (9677) |
| AUD | 401552 | USD | 393253 | 5/26/2026 | HUB | 8299 |  | 8299 |
| AUD | 431801 | USD | 429029 | 5/26/2026 | HUB | 2772 |  | 2772 |
| GBP | 844832 | USD | 851030 | 5/26/2026 | HUB |  | (6198) | (6198) |
| GBP | 884468 | USD | 882155 | 5/26/2026 | HUB | 2313 |  | 2313 |
| USD | 732096 | GBP | 748396 | 5/26/2026 | HUB |  | (16300) | (16300) |
| USD | 735154 | GBP | 748396 | 5/26/2026 | HUB |  | (13242) | (13242) |
| GBP | 1009446 | USD | 1018362 | 5/26/2026 | HUB |  | (8916) | (8916) |
| AUD | 575734 | USD | 571314 | 5/26/2026 | HUB | 4420 |  | 4420 |
| AUD | 575734 | USD | 573399 | 5/26/2026 | HUB | 2335 |  | 2335 |
| GBP | 1126445 | USD | 1134171 | 5/26/2026 | HUB |  | (7726) | (7726) |
| GBP | 1156612 | USD | 1152292 | 5/26/2026 | HUB | 4320 |  | 4320 |
| USD | 857747 | GBP | 884468 | 5/26/2026 | HUB |  | (26721) | (26721) |
| USD | 862968 | GBP | 884468 | 5/26/2026 | HUB |  | (21500) | (21500) |
| USD | 879804 | GBP | 884467 | 5/26/2026 | HUB |  | (4663) | (4663) |
| USD | 926999 | GBP | 952504 | 5/26/2026 | HUB |  | (25505) | (25505) |
| USD | 934017 | GBP | 952504 | 5/26/2026 | HUB |  | (18487) | (18487) |
| USD | 1144812 | GBP | 1156612 | 5/26/2026 | HUB |  | (11800) | (11800) |
| USD | 1191820 | GBP | 1224648 | 5/26/2026 | HUB |  | (32828) | (32828) |
| AUD | 863601 | USD | 859198 | 5/26/2026 | HUB | 4403 |  | 4403 |
| AUD | 863601 | USD | 861912 | 5/26/2026 | HUB | 1689 |  | 1689 |
| USD | 1470610 | GBP | 1496792 | 5/26/2026 | HUB |  | (26182) | (26182) |
| USD | 1534592 | GBP | 1564828 | 5/26/2026 | HUB |  | (30236) | (30236) |
| GBP | 2259521 | USD | 2280057 | 5/26/2026 | HUB |  | (20536) | (20536) |
| GBP | 3765866 | USD | 3796821 | 5/26/2026 | HUB |  | (30955) | (30955) |
| GBP | 4192875 | USD | 4223948 | 5/26/2026 | HUB |  | (31073) | (31073) |
| AUD | 9745764 | USD | 9539888 | 5/26/2026 | HUB | 205876 |  | 205876 |
| NZD | 59135 | USD | 58577 | 6/3/2026 | HUB | 558 |  | 558 |
| NZD | 59135 | USD | 59200 | 6/3/2026 | HUB |  | (65) | (65) |
| NZD | 118270 | USD | 117488 | 6/3/2026 | HUB | 782 |  | 782 |
| NZD | 118270 | USD | 117927 | 6/3/2026 | HUB | 343 |  | 343 |
| NZD | 177406 | USD | 177731 | 6/3/2026 | HUB |  | (325) | (325) |
| CAD | 221162 | USD | 219924 | 6/3/2026 | HUB | 1238 |  | 1238 |
| NZD | 236541 | USD | 235662 | 6/3/2026 | HUB | 879 |  | 879 |
| NZD | 236541 | USD | 236477 | 6/3/2026 | HUB | 64 |  | 64 |
| NZD | 295676 | USD | 295979 | 6/3/2026 | HUB |  | (303) | (303) |
| CAD | 368604 | USD | 365769 | 6/3/2026 | HUB | 2835 |  | 2835 |

---

*See accompanying notes* 

------

**American Beacon AHL Trend ETF<sup>SM</sup>** 

**Consolidated Schedule of Investments** 

April 30, 2026 (Unaudited)

***Forward Foreign Currency Contracts Open on April 30, 2026 (continued):***

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Currency Purchased<sup>\*</sup>** | **Currency Purchased<sup>\*</sup>** | **Currency Sold<sup>\*</sup>** | **Currency Sold<sup>\*</sup>** | **Settlement Date** | **Counterparty** | **Unrealized<br>Appreciation** | **Unrealized<br>(Depreciation)** | **Net Unrealized<br>Appreciation<br>(Depreciation)** |
| USD | 519708 | NZD | 521760 | 6/3/2026 | HUB | $— | $(2052) | $(2052) |
| USD | 627049 | NZD | 629693 | 6/3/2026 | HUB |  | (2644) | (2644) |
| CAD | 516045 | USD | 511366 | 6/3/2026 | HUB | 4679 |  | 4679 |
| CAD | 958369 | USD | 952603 | 6/3/2026 | HUB | 5766 |  | 5766 |
| USD | 1386265 | NZD | 1391362 | 6/3/2026 | HUB |  | (5097) | (5097) |
| CAD | 1253252 | USD | 1248274 | 6/3/2026 | HUB | 4978 |  | 4978 |
| USD | 2477973 | CAD | 2490027 | 6/3/2026 | HUB |  | (12054) | (12054) |
| USD | 4271441 | CAD | 4292279 | 6/3/2026 | HUB |  | (20838) | (20838) |
| USD | 62947 | JPY | 64096 | 6/17/2026 | HUB |  | (1149) | (1149) |
| USD | 63009 | JPY | 64096 | 6/17/2026 | HUB |  | (1087) | (1087) |
| USD | 126208 | JPY | 128192 | 6/17/2026 | HUB |  | (1984) | (1984) |
| USD | 126470 | JPY | 128192 | 6/17/2026 | HUB |  | (1722) | (1722) |
| USD | 189061 | JPY | 192288 | 6/17/2026 | HUB |  | (3227) | (3227) |
| USD | 254320 | JPY | 256384 | 6/17/2026 | HUB |  | (2064) | (2064) |
| USD | 437398 | JPY | 448672 | 6/17/2026 | HUB |  | (11274) | (11274) |
| USD | 923965 | JPY | 939610 | 6/17/2026 | HUB |  | (15645) | (15645) |
| USD | 1911189 | JPY | 1943688 | 6/17/2026 | HUB |  | (32499) | (32499) |
| USD | 9202091 | JPY | 9359034 | 6/17/2026 | HUB |  | (156943) | (156943) |
| CHF | 128455 | USD | 128375 | 6/8/2026 | NWM | 80 |  | 80 |
| CHF | 128455 | USD | 128734 | 6/8/2026 | NWM |  | (279) | (279) |
| CHF | 128455 | USD | 128827 | 6/8/2026 | NWM |  | (372) | (372) |
| USD | 126044 | CHF | 128455 | 6/8/2026 | NWM |  | (2411) | (2411) |
| USD | 1008347 | CHF | 1027637 | 6/8/2026 | NWM |  | (19290) | (19290) |
|  |  |  |  |  |  | $323836 | $(858744) | $(534908) |

---

\* *All values denominated in USD.*

***Glossary:***

**<u>Counterparty Abbreviations:</u>**

---

| | |
|:---|:---|
|  BNP | BNP Paribas NA |
|  HUB | HSBC Bank PLC |
|  NWM | NatWest Markets PLC |
| <br> **<u>Currency Abbreviations:</u>** | <br> **<u>Currency Abbreviations:</u>** |
|  AUD | Australian Dollar |
|  CAD | Canadian Dollar |
|  CHF | Swiss Franc |
|  EUR | Euro |
|  GBP | British Pound |
|  JPY | Japanese Yen |
|  NZD | New Zealand Dollar |
|  USD | United States Dollar |
| <br> **<u>Index Abbreviations:</u>** | <br> **<u>Index Abbreviations:</u>** |
|  DAX | Deutsche Boerse AG German Stock Index. |
|  EURO STOXX 50 | Eurozone Blue-chip Index. |
|  FTSE 100 | Financial Times Stock Exchange 100 Index. |
|  NASDAQ | National Association of Securities Dealers Automated Quotations. |
|  Russell 2000 | U.S. Small-Cap Stock Market Index. |
|  TOPIX | Tokyo Stock Exchange Tokyo Price Index. |
| <br> **<u>Exchange Abbreviations:</u>** | <br> **<u>Exchange Abbreviations:</u>** |
|  CBOT | Chicago Board of Trade. |
|  CME | Chicago Mercantile Exchange. |
|  Eurex | European Derivatives Exchange. |
|  ICE | Intercontinental Exchange. |
|  NYMEX | New York Mercantile Exchange. |
|  TSE | Tokyo Stock Exchange. |

---

*See accompanying notes* 

------

**American Beacon AHL Trend ETF<sup>SM</sup>** 

**Consolidated Schedule of Investments** 

April 30, 2026 (Unaudited)

---

| | |
|:---|:---|
| <br> **<u>Other Abbreviations:</u>** | <br> **<u>Other Abbreviations:</u>** |
|  BOBL | Medium term debt that is issued by the Federal Republic of Germany. |
|  BUND | German Federal Government Bond. |
|  COMEX | The Commodity Exchange Inc. |
|  Gilt | Bank of England Bonds. |

---

The Fund's investments are summarized by level based on the inputs used to determine their values. As of April 30, 2026, the investments were classified as described below:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **AHL Trend ETF Fund** | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  ***Assets*** |  |  |  |  |
|  Short-Term Investments | $— | $42275049 | $— | $42275049 |
|  Total Investments in Securities - Assets | $— | $42275049 | $— | $42275049 |
|  ***Financial Derivative Instruments - Assets*** |  |  |  |  |
|  Futures Contracts | $1695945 | $— | $— | $1695945 |
|  Forward Foreign Currency Contracts |  | 323836 |  | 323836 |
|  Total Financial Derivative Instruments - Assets | $1695945 | $323836 | $— | $2019781 |
|  ***Financial Derivative Instruments - Liabilities*** |  |  |  |  |
|  Futures Contracts | $(214723) | $— | $— | $(214723) |
|  Forward Foreign Currency Contracts |  | (858744) |  | (858744) |
|  Total Financial Derivative Instruments - Liabilities | $(214723) | $(858744) | $— | $(1073467) |

---

U.S. GAAP requires transfers between all levels to/from level 3 be disclosed. During the period ended April 30, 2026, there were no transfers into or out of Level 3.

*See accompanying notes* 

------

**American Beacon GLG Natural Resources ETF<sup>SM</sup>** 

**Schedule of Investments** 

April 30, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  **Argentina - 3.6% (Cost $25,013,244)** |  |  |
|  **Foreign Common Stocks - 3.6%** |  |  |
|  Vista Energy SAB de CV, ADR<sup>A</sup> | 398266 | $**29599129** |
|  **Australia - 3.4% (Cost $22,158,441)** |  |  |
|  **Foreign Common Stocks - 3.4%** |  |  |
|  Anglogold Ashanti PLC | 294096 | **27565618** |
|  **Brazil - 1.0% (Cost $8,147,913)** |  |  |
|  **Foreign Common Stocks - 1.0%** |  |  |
|  Petroleo Brasileiro SA - Petrobras, ADR | 381755 | **8410063** |
|  **Canada - 23.9%** |  |  |
|  **Foreign Common Stocks - 23.9%** |  |  |
|  Agnico Eagle Mines Ltd. | 37204 | 7002165 |
|  Almonty Industries, Inc.<sup>A</sup> | 426071 | 9237219 |
|  Capstone Copper Corp.<sup>A</sup> | 701886 | 5849265 |
|  Equinox Gold Corp. | 1972797 | 27565567 |
|  Hudbay Minerals, Inc. | 1214211 | 28085920 |
|  Kinross Gold Corp. | 874812 | 26454315 |
|  Methanex Corp. | 479350 | 31416599 |
|  Neo Performance Materials, Inc. | 234713 | 4371656 |
|  NexGen Energy Ltd.<sup>A</sup> | 707463 | 8892810 |
|  Pan American Silver Corp. | 272206 | 14233652 |
|  Teck Resources Ltd., Class B | 521477 | 30469901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Common Stocks** |  | **193579069** |
|  **Total Canada (Cost $151,468,448)** |  | **193579069** |
|  **China - 2.0%** |  |  |
|  **Foreign Common Stocks - 2.0%** |  |  |
|  Contemporary Amperex Technology Co. Ltd., Class H | 170700 | 13250635 |
|  GCL Technology Holdings Ltd.<sup>A</sup> | 24530000 | 2818640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Common Stocks** |  | **16069275** |
|  **Total China (Cost $16,843,753)** |  | **16069275** |
|  **Denmark - 1.1% (Cost $8,781,952)** |  |  |
|  **Foreign Common Stocks - 1.1%** |  |  |
|  Novonesis Novozymes B, Class B | 145057 | **8905520** |
|  **Finland - 1.1% (Cost $8,030,780)** |  |  |
|  **Foreign Common Stocks - 1.1%** |  |  |
|  Neste OYJ | 252705 | **8710764** |
|  **Germany - 4.0%** |  |  |
|  **Foreign Common Stocks - 4.0%** |  |  |
|  BASF SE | 200036 | 12851430 |
|  Siemens Energy AG | 92313 | 19564601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Common Stocks** |  | **32416031** |
|  **Total Germany (Cost $22,437,448)** |  | **32416031** |
|  **Luxembourg - 3.5% (Cost $23,515,779)** |  |  |
|  **Foreign Common Stocks - 3.5%** |  |  |
|  ArcelorMittal SA | 493036 | **28206590** |
|  **Norway - 4.2%** |  |  |
|  **Foreign Common Stocks - 4.2%** |  |  |
|  Norsk Hydro ASA | 1148577 | 12676287 |

---

*See accompanying notes* 

------

**American Beacon GLG Natural Resources ETF<sup>SM</sup>** 

**Schedule of Investments** 

April 30, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Fair Value** |
|  **Norway - 4.2% (continued)** |  |  |
|  **Foreign Common Stocks - 4.2% (continued)** |  |  |
|  Seadrill Ltd.<sup>A</sup> | 429493 | $21341507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Common Stocks** |  | **34017794** |
|  **Total Norway (Cost $25,859,368)** |  | **34017794** |
|  **Republic of Korea - 1.8%** |  |  |
|  **Foreign Common Stocks - 1.8%** |  |  |
|  Doosan Enerbility Co. Ltd.<sup>A</sup> | 83959 | 7194707 |
|  LG Energy Solution Ltd.<sup>A</sup> | 22778 | 7072053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Foreign Common Stocks** |  | **14266760** |
|  **Total Republic of Korea (Cost $12,249,536)** |  | **14266760** |
|  **United States - 48.5%** |  |  |
|  **Common Stocks - 48.5%** |  |  |
|  Alcoa Corp. | 353393 | 22542939 |
|  Andersons, Inc. | 151023 | 11861346 |
|  Antero Resources Corp.<sup>A</sup> | 646680 | 25388657 |
|  Archer-Daniels-Midland Co. | 91073 | 6788581 |
|  Bloom Energy Corp., Class A<sup>A</sup> | 97316 | 27575462 |
|  Bunge Global SA | 203185 | 25818718 |
|  Coeur Mining, Inc.<sup>A</sup> | 747156 | 13426393 |
|  Darling Ingredients, Inc.<sup>A</sup> | 435389 | 27965035 |
|  Diamondback Energy, Inc. | 90482 | 18605814 |
|  Dow, Inc. | 393580 | 15936054 |
|  EQT Corp. | 344431 | 20693415 |
|  Hecla Mining Co. | 718176 | 12941532 |
|  Nextpower, Inc., Class A<sup>A</sup> | 194858 | 23213434 |
|  Nucor Corp. | 58680 | 13220017 |
|  Permian Resources Corp., Class A | 945094 | 20432932 |
|  Range Resources Corp. | 686613 | 29867666 |
|  Smurfit Westrock PLC | 658992 | 25298703 |
|  Steel Dynamics, Inc. | 69119 | 15804751 |
|  Targa Resources Corp. | 49056 | 12758484 |
|  U.S. Antimony Corp.<sup>A</sup> | 568320 | 6825523 |
|  Westlake Corp. | 132778 | 15306648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stocks** |  | **392272104** |
|  **Total United States (Cost $307,452,933)** |  | **392272104** |
|  **Zambia - 1.8% (Cost $12,414,572)** |  |  |
|  **Foreign Common Stocks - 1.8%** |  |  |
|  First Quantum Minerals Ltd.<sup>A</sup> | 582390 | **14260162** |
|  **TOTAL INVESTMENTS - 99.9% (Cost $644,374,167)** |  | **808278879** |
|  **OTHER ASSETS, NET OF LIABILITIES - 0.1%** |  | **561565** |
|  **TOTAL NET ASSETS - 100.0%** |  | $**808840444** |

---

Percentages are stated as a percent of net assets.

<sup>A</sup> Non-income producing security.

ADR - American Depositary Receipt.

PLC - Public Limited Company.

The Fund's investments are summarized by level based on the inputs used to determine their values. As of April 30, 2026, the investments were classified as described below:

*See accompanying notes* 

------

**American Beacon GLG Natural Resources ETF<sup>SM</sup>** 

**Schedule of Investments** 

April 30, 2026 (Unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **GLG Natural Resources ETF Fund** | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  ***Assets*** |  |  |  |  |
|  Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; United States | $392272104 | $— | $— | $392272104 |
|  Foreign Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Argentina | 29599129 |  |  | 29599129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Australia | 27565618 |  |  | 27565618 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazil | 8410063 |  |  | 8410063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canada | 193579069 |  |  | 193579069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; China | 16069275 |  |  | 16069275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Denmark | 8905520 |  |  | 8905520 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finland | 8710764 |  |  | 8710764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Germany | 32416031 |  |  | 32416031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Luxembourg | 28206590 |  |  | 28206590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Norway | 34017794 |  |  | 34017794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Republic of Korea | 14266760 |  |  | 14266760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Zambia | 14260162 |  |  | 14260162 |
|  Total Investments in Securities - Assets | $808278879 | $— | $— | $808278879 |

---

U.S. GAAP requires transfers between all levels to/from level 3 be disclosed. During the period ended April 30, 2026, there were no transfers into or out of Level 3.

*See accompanying notes* 

------

**American Beacon Iconic Inflation Protection ETF<sup>SM</sup>** 

**Consolidated Schedule of Investments** 

April 30, 2026 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **Principal<br>Amount** | **Fair Value** |
|  **U.S. TREASURY OBLIGATIONS - 97.0%** |  |  |
|  U.S. Treasury Inflation-Indexed Notes, |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, Due 7/15/2026<sup>A</sup> | $1312383 | $1329691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, Due 10/15/2026<sup>A</sup> | 1315270 | 1329281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.375%, Due 1/15/2027<sup>A</sup> | 1217205 | 1221695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.125%, Due 4/15/2027<sup>A</sup> | 1394207 | 1389758 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.375%, Due 7/15/2027<sup>A</sup> <sup>B</sup> | 1399803 | 1401564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.625%, Due 10/15/2027<sup>A</sup> | 1290487 | 1312008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 0.500%, Due 1/15/2028<sup>A</sup> | 1059680 | 1054334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.250%, Due 4/15/2028<sup>A</sup> | 1307160 | 1315444 |
|  |  | **10353775** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total U.S. Treasury Obligations (Cost $10,262,429)** |  | **10353775** |
|  | **Shares** |  |
|  **SHORT-TERM INVESTMENTS - 0.8% (Cost $87,317)** |  |  |
|  **Investment Companies - 0.8%** |  |  |
|  American Beacon U.S. Government Money Market Select Fund, 3.56%<sup>C</sup> <sup>D</sup> | 87317 | **87317** |
|  **TOTAL INVESTMENTS - 97.8% (Cost $10,349,746)** |  | **10441092** |
|  **SWAPTIONS CONTRACTS - 0.2% (Premiums paid $254,400)** |  | **19156** |
|  **OTHER ASSETS, NET OF LIABILITIES - 2.0%** |  | **210541** |
|  **TOTAL NET ASSETS - 100.0%** |  | $**10670789** |

---

Percentages are stated as a percent of net assets.

<sup>A</sup> Inflation-Indexed Note.

<sup>B</sup> This security or a piece thereof is held as segregated collateral. At period end, the value of these securities amounted to $1,401,564 or 13.1% of net assets. 

<sup>C</sup> The Fund is affiliated by having the same investment advisor.

<sup>D</sup> 7-day yield.

***Swaptions Contracts Outstanding on April 30, 2026:***

**Interest Rate Swaptions** 

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Counterparty** | **Floating Rate Index** | **Pay/<br>Receive<br>Floating**<br>**Rate** | **Exercise<br>Rate (%)** | **Expiration<br>Date** | **Notional<br>Amount<br>(000's)** | **Premiums<br>Paid** | **Fair Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Put - 2-Year Interest Rate Swap | BOA | 1 day USD SOFR | Receive | 5.22 | 1/13/2027 | 12000 | $146400 | $10946 | $(135454) |
|  Put - 2-Year Interest Rate Swap | JPM | 1 day USD SOFR | Receive | 5.22 | 1/13/2027 | 9000 | 108000 | 8210 | (99790) |
|  |  |  |  |  |  |  | $254400 | $19156 | $(235244) |

---

***Centrally Cleared Swap Agreements Outstanding on April 30, 2026:***

**Inflation Swap** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Pay/Receive<br>Floating Rate** | **Floating Rate Index** | **Fixed<br>Rate (%)** | **Expiration<br>Date** | **Curr** | **Notional<br>Amount<br>(000s)** | **Premiums<br>Paid<br>(Received)** | **Fair Value** | **Unrealized<br>Appreciation<br>(Depreciation)** |
|  Receive | U.S. CPI Urban Consumers NSA | 2.42 | 1/16/2031 | USD | 10500 | $– $| 147329 | $147329 |
|  |  |  |  |  |  | $– $| 147329 | $147329 |

---

---

| | |
|:---|:---|
| ***Glossary:***<br>**<u>Counterparty Abbreviations:</u>** | ***Glossary:***<br>**<u>Counterparty Abbreviations:</u>** |
|  BOA | Bank of America |
|  JPM | JPMorgan Chase Bank, N.A. |

---

*See accompanying notes* 

------

**American Beacon Ionic Inflation Protection ETF<sup>SM</sup>** 

**Schedule of Investments** 

April 30, 2026 (Unaudited)

**<u>Currency Abbreviations:</u>**

USD United States Dollar

**<u>Other Abbreviations:</u>**

IRS Interest Rate Swap <br> SOFR Secured Overnight Financing Rate.

The Fund's investments are summarized by level based on the inputs used to determine their values. As of April 30, 2026, the investments were classified as described below:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Ionic Inflation Protection ETF Fund** | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  ***Assets*** |  |  |  |  |
|  U.S. Treasury Obligations | $— | $10353775 | $— | $10353775 |
|  Short-Term Investments | 87317 |  |  | 87317 |
|  Total Investments in Securities - Assets | $87317 | $10353775 | $— | $10441092 |
|  ***Financial Derivative Instruments - Assets*** |  |  |  |  |
|  Swaptions Contracts | $— | $19156 | $— | $19156 |
|  Swap Contract Agreements |  | 147329 |  | 147329 |
|  Total Financial Derivative Instruments - Assets | $— | $166485 | $— | $166485 |

---

U.S. GAAP requires transfers between all levels to/from level 3 be disclosed. During the period ended April 30, 2026, there were no transfers into or out of Level 3.

*See accompanying notes* 

------

**American Beacon Select Funds<sup>SM</sup>** 

**Supplementary Notes to Schedules of Investments** 

April 30, 2026 (Unaudited)

**Security Valuation and Fair Value Measurements** 

Each Fund's net asset value ("NAV") per share is computed by adding total assets, subtracting all each Fund's liabilities, and dividing the result by the total number of shares outstanding, which may differ from a Fund's market price. Investors that purchase and sell a Fund in the secondary market will transact at market prices, which may be lower or higher than the NAV per share.

The NAV of each Fund's shares is determined based on a pro rata allocation of a Fund's investment income, expenses and total capital gains and losses. A Fund's NAV per share is determined each business day as of the regular close of trading on the New York Stock Exchange ("NYSE" or "Exchange"), which is typically 4:00 p.m. Eastern Time ("ET"). However, if trading on the NYSE closes at a time other than 4:00 p.m. ET, a Fund's NAV per share typically would still be determined as of the regular close of trading on the NYSE. The Funds do not price their shares on days that the NYSE is closed. Foreign exchanges may permit trading in foreign securities on days when a Fund is not open for business, which may result in the value of a Fund's portfolio investments being affected at a time when you are unable to buy or sell shares.

Equity securities, including shares of closed-end funds and exchange-traded funds ("ETFs"), are valued at the last sale price or official closing price taken from the primary exchange in which each security trades. Investments in other mutual funds are valued at the closing NAV per share on the day of valuation. Debt securities are valued at bid quotes from broker/dealers or evaluated bid prices from pricing services, who may consider a number of inputs and factors, such as prices of comparable securities, yield curves, spreads, credit ratings, coupon rates, maturity, default rates, and underlying collateral. Futures are valued based on their daily settlement prices. Exchange-traded and over-the-counter ("OTC") options are valued at the last sale price. Options with no last sale for the day are priced at mid quote. Swaps are valued at evaluated mid prices from pricing services.

The valuation of securities traded on foreign markets and certain fixed-income securities will generally be based on prices determined as of the earlier closing time of the markets on which they primarily trade unless a significant event has occurred. When a Fund holds securities or other assets that are denominated in a foreign currency, a Fund will normally use the currency exchange rates as of 4:00 p.m. ET.

Rule 2a-5 under the Investment Company Act (the "Valuation Rule") establishes requirements for determining fair value in good faith for purposes of the Investment Company Act, including related oversight and reporting requirements. The Valuation Rule also defines when market quotations are "readily available," which is the threshold for determining whether a Fund must fair value a security. Among other things, the Valuation Rule permits the Board to designate the Manager as Valuation Designee to perform the Fund's fair value determinations subject to board oversight and certain reporting and other requirements intended to ensure that the Board receives the information it needs to oversee the Manager's fair value determinations. Effective September 8, 2022, the Board has designated the Manager as valuation designee to perform fair value functions in accordance with the requirements of the Valuation Rule.

Securities may be valued at fair value, as determined in good faith and pursuant to the Manager's procedures, under certain limited circumstances. For example, fair value pricing will be used for fixed-income securities and when market quotations are not readily available or reliable, as determined by the Manager, such as when (i) trading for a security is restricted or stopped; (ii) a security's trading market is closed (other than customary closings); or (iii) a security has been de-listed from a national exchange. A security with limited market liquidity may require fair value pricing if the Manager determines that the available price does not reflect the security's true market value. In addition, if a significant event that the Manager determines to affect the value of one or more securities held by a Fund occurs after the close of a related exchange but before the determination of a Fund's NAV, fair value pricing may be used on the affected security or securities. Securities of small-capitalization companies are also more likely to require a fair value determination using these procedures because they are more thinly traded and less liquid than the securities of larger-capitalization companies. The Funds may fair value securities as a result of significant events occurring after the close of the foreign markets in which a Fund invests as described below. In addition, the Funds may invest in illiquid securities requiring these procedures.

A Fund may use fair value pricing for securities primarily traded in non-U.S. markets because most foreign markets close well before a Fund's pricing time of 4:00 p.m. ET. The earlier close of these foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. If the Manager determines that the last quoted prices of non-U.S. securities will, in its judgment, materially affect the value of some or all a Fund's portfolio securities, the Manager can adjust the previous closing prices to reflect what it believes to be the fair value of the securities as of the close of the Exchange. In deciding whether it is necessary to adjust closing prices to reflect fair value, the Manager reviews a variety of factors, including developments in foreign markets, the performance of

U.S. securities markets, and the performance of instruments trading in U.S. markets that represent foreign securities and baskets of foreign securities. The Manager's Valuation Committee may also fair value securities in other situations, such as when a particular foreign market is closed but a Fund is open. A Fund uses outside pricing services to provide closing prices and information to evaluate and/or adjust those prices. As a means of evaluating its security valuation process, the Valuation Committee routinely compares closing prices, the next day's opening prices in the same markets and adjusted prices.

------

**American Beacon Select Funds<sup>SM</sup>** 

**Supplementary Notes to Schedules of Investments** 

April 30, 2026 (Unaudited)

Attempts to determine the fair value of securities introduce an element of subjectivity to the pricing of securities. As a result, the price of a security determined through fair valuation techniques may differ from the price quoted or published by other sources and may not accurately reflect the market value of the security when trading resumes. If a reliable market quotation becomes available for a security formerly valued through fair valuation techniques, the Manager compares the new market quotation to the fair value price to evaluate the effectiveness of a Fund's fair valuation procedures. If any significant discrepancies are found, the Manager may adjust Manager's fair valuation procedures for a Fund.

*Valuation Inputs* 

Various inputs may be used to determine the fair value of the Funds' investments. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.

---

| | |
|:---|:---|
| Level 1 - | Quoted prices in active markets for identical securities. |
| Level 2 - | Prices determined using other significant observable inputs. These may include quoted prices for similar securities, interest rates, prepayment speeds, credit risk, and others. |
| Level 3 - | Prices determined using other significant unobservable inputs. Unobservable inputs reflect a Fund's own assumptions about the factors market participants would use in pricing an investment. |

---

*Level 1 and Level 2 trading assets and trading liabilities, at fair value* 

Common stocks, ETFs, preferred securities, and financial derivative instruments, such as futures contracts that are traded on a national securities exchange, are stated at the last reported sale or settlement price on the day of valuation. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized as Level 1 of the fair value hierarchy. Valuation adjustments may be applied to certain securities that are solely traded on a foreign exchange to account for the market movement between the close of the foreign market and the close of the Exchange. These securities are valued using pricing service providers that consider the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments. Securities using these valuation adjustments are categorized as Level 2 of the fair value hierarchy. Preferred securities and other equities traded on inactive markets or valued by reference to similar instruments are generally categorized as Level 2 of the fair value hierarchy.

Fixed-income securities including corporate, convertible and municipal bonds and notes, U.S. government agencies, U.S. Treasury obligations, sovereign issues, bank loans, convertible preferred securities, and non-U.S. bonds are normally valued by pricing service providers that use broker dealer quotations, reported trades or valuation estimates from their internal pricing models. The service providers' internal models use inputs that are observable such as issuer details, interest rates, yield curves, prepayment speeds, credit risks/spreads, default rates, and quoted prices for similar assets. Securities that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy. Fixed-income securities purchased on delayed-delivery basis are marked-to-market daily until settlement at the forward settlement date and are categorized as Level 2 of the fair value hierarchy.

Mortgage-related and asset-backed securities ("ABS") are usually issued as separate tranches, or classes, of securities within each deal. These securities are also normally valued by pricing service providers that use broker-dealer quotations or valuation estimates from their internal pricing models. The pricing models for these securities usually consider tranche-level attributes, current market data, estimated cash flows, and market-based yield spreads for each tranche, and incorporates deal collateral performance, as available. Mortgage-related and ABS that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

Investments in registered open-end investment management companies will be valued based upon the NAVs of such investments and are categorized as Level 1 of the fair value hierarchy.

With respect to a Fund's investments that do not have readily available market quotations, the Board has designated the Adviser as its valuation designee to perform fair valuations pursuant to Rule 2a-5 under the Act (the "Valuation Designee"). If market prices are not readily available or are deemed unreliable, the Valuation Designee will use the fair value of the security or other instrument as determined in good faith under policies and procedures established by and under the supervision of the Board ("Valuation Procedures"). Market prices are considered not readily available where there is an absence of current or reliable market-based data (e.g., trade information or broker quotes), including where events occur after the close of the relevant market, but prior to the NYSE Close, that materially affect the values of a Fund's portfolio holdings or assets. In addition, market prices are considered not readily available when, due to extraordinary circumstances, the exchanges or markets on which the securities or other instruments trade

------

**American Beacon Select Funds<sup>SM</sup>** 

**Supplementary Notes to Schedules of Investments** 

April 30, 2026 (Unaudited)

do not open for trading for the entire day and no other market prices are available. Fair value pricing is subjective in nature and the use of fair value pricing by the Valuation Designee may cause the NAV of a Fund's shares to differ significantly from the NAV that would have been calculated using market prices at the close of the exchange on which a portfolio holding is primarily traded. There can be no assurance that a Fund could obtain the fair value assigned to an investment if a Fund were to sell the investment at approximately the time at which a Fund determines its NAV.

OTC financial derivative instruments, such as forward foreign currency contracts derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These contracts are normally valued on the basis of broker dealer quotations or pricing service providers. Depending on the product and the terms of the transaction, the fair value of the financial derivative contracts can be estimated by a pricing service provider using a series of techniques, including simulation pricing models. The pricing models use inputs that are observed from actively quoted markets such as issuer details, indices, spreads, interest rates, curves, dividends, and exchange rates. Financial derivatives that use similar valuation techniques and inputs as described above are categorized as Level 2 of the fair value hierarchy.

## 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 SELECT FUNDS

- **b. Investment Company Act file number:** 811-09603

- **c. CIK number of Registrant:** 0001096012

- **d. LEI of Registrant:** 549300HER2YKJJ5HAP90

- **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 GLG Natural Resources ETF

- **b. EDGAR series identifier (if any):** S000083896

- **c. LEI of Series:** 5299006S3GSL57W1YI52

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

- **a. Date of fiscal year-end:** 2027-01-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $797161849.58

**Total Liabilities:** $454137.23

**Net Assets:** $796707712.35

**Cash Not Reported:** $261159.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000247981 | 10.73%               | -5.38%               | 5.33%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1002133.10              | $56614294.53                               |
| Month 2  | $-10502884.20            | $-28167379.68                              |
| Month 3  | $7546812.49              | $31321778.51                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EQT Corp                               | EQT Corp.                                | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    339265 | NS      | $20383041.20  | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Dow Inc                                | Dow, Inc.                                | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |    387676 | NS      | $15697001.24  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Contemporary Amperex Technology Co Ltd | Contemporary Amperex Technology Co. Ltd. | CUSIP: 000000000<br>LEI: 300300KINDY1K0E9I032 | Long             | EC               | CORP              | CN        |    170700 | NS      | $13248520.82  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Doosan Enerbility Co Ltd               | Doosan Enerbility Co. Ltd.               | CUSIP: 000000000<br>LEI: 988400TK5NA3GLSTN506 | Long             | EC               | CORP              | KR        |     83959 | NS      | $7194706.65   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                 | Permian Resources Corp.                  | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    930919 | NS      | $20126468.78  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti Plc                  | Anglogold Ashanti PLC                    | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |    289686 | NS      | $27152268.78  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Neo Performance Materials Inc          | Neo Performance Materials, Inc.          | CUSIP: 64046G106<br>LEI: 984500E2A5I396CB6D96 | Long             | EC               | CORP              | CA        |    231194 | NS      | $4297412.53   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                 | Agnico Eagle Mines Ltd.                  | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     36646 | NS      | $6897143.66   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                   | Capstone Copper Corp.                    | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    691356 | NS      | $5749871.37   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                             | Nucor Corp.                              | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     57798 | NS      | $13021311.42  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp                   | Range Resources Corp.                    | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |    676317 | NS      | $29419789.50  | 3.69%             |  |  |  | No            |                  1 | On Loan: No      |
| GCL Technology Holdings Ltd            | GCL Technology Holdings Ltd.             | CUSIP: 000000000<br>LEI: 529900O1QCZWP5IWVY66 | Long             | EC               | CORP              | KY        |  24530000 | NS      | $2818190.52   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp                          | Westlake Corp.                           | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |    130789 | NS      | $15077355.92  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co              | Archer-Daniels-Midland Co.               | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     89705 | NS      | $6686610.70   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp                      | Kinross Gold Corp.                       | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |    861690 | NS      | $26057505.60  | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Seadrill Ltd                           | Seadrill Ltd.                            | CUSIP: 000000000<br>LEI: 213800EQ6L456U2JCO89 | Long             | EC               | CORP              | BM        |    423049 | NS      | $21021304.81  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients Inc                | Darling Ingredients, Inc.                | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    428855 | NS      | $27545356.65  | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp                   | Targa Resources Corp.                    | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     48318 | NS      | $12566545.44  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Neste Oyj                              | Neste OYJ                                | CUSIP: 000000000<br>LEI: 5493009GY1X8GQ66AM14 | Long             | EC               | CORP              | FI        |    248916 | NS      | $8575768.93   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp                      | Bloom Energy Corp.                       | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     95858 | NS      | $27162322.88  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Energy Solution Ltd                 | LG Energy Solution Ltd.                  | CUSIP: 000000000<br>LEI: 988400QX6P286XA6ZS85 | Long             | EC               | CORP              | KR        |     22778 | NS      | $7072052.99   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics Inc                     | Steel Dynamics, Inc.                     | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     68084 | NS      | $15568087.44  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcelorMittal SA                       | ArcelorMittal SA                         | CUSIP: 03938L203<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |    485638 | NS      | $27783349.98  | 3.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining Inc                       | Coeur Mining, Inc.                       | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    735951 | NS      | $13225039.47  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Vista Energy SAB de CV                 | Vista Energy SAB de CV                   | CUSIP: 92837L109<br>LEI: 549300UDOHP7958KNS89 | Long             | EC               | CORP              | MX        |    392290 | NS      | $29154992.80  | 3.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                        | Bunge Global SA                          | CUSIP: 000000000<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |    200134 | NS      | $25431027.38  | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Novonesis Novozymes B                  | Novonesis Novozymes B                    | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |    142879 | NS      | $8767743.22   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BASF SE                                | BASF SE                                  | CUSIP: 000000000<br>LEI: 529900PM64WH8AF1E917 | Long             | EC               | CORP              | DE        |    197039 | NS      | $12652411.21  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Antimony Corp            | U.S. Antimony Corp.                      | CUSIP: 911549103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    559797 | NS      | $6723161.97   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals Inc                    | Hudbay Minerals, Inc.                    | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |   1195995 | NS      | $27608671.59  | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Methanex Corp                          | Methanex Corp.                           | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |    472159 | NS      | $30945300.86  | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons Inc/The                      | Andersons, Inc.                          | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |    148755 | NS      | $11683217.70  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Norsk Hydro ASA                        | Norsk Hydro ASA                          | CUSIP: 000000000<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |   1131351 | NS      | $12435301.93  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras     | Petroleo Brasileiro SA - Petrobras       | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    376031 | NS      | $8283962.93   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co                        | Hecla Mining Co.                         | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |    707403 | NS      | $12747402.06  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower Inc                          | Nextpower, Inc.                          | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    191933 | NS      | $22864978.29  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                 | Diamondback Energy, Inc.                 | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     89123 | NS      | $18326362.49  | 2.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp                  | Antero Resources Corp.                   | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |    636978 | NS      | $25007756.28  | 3.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit Westrock PLC                   | Smurfit Westrock PLC                     | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |    649110 | NS      | $24919332.90  | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp               | Pan American Silver Corp.                | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    268120 | NS      | $14019994.80  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp                             | Alcoa Corp.                              | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    348092 | NS      | $22204788.68  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                     | Teck Resources Ltd.                      | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    513656 | NS      | $30012920.08  | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Almonty Industries Inc                 | Almonty Industries, Inc.                 | CUSIP: 020398707<br>LEI: 54930049R1BTGV5RJ021 | Long             | EC               | CORP              | CA        |    419681 | NS      | $9098684.08   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens Energy AG                      | Siemens Energy AG                        | CUSIP: 000000000<br>LEI: 5299005CHJZ14D4FDJ62 | Long             | EC               | CORP              | DE        |     90927 | NS      | $19260999.58  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NexGen Energy Ltd                      | NexGen Energy Ltd.                       | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Long             | EC               | CORP              | CA        |    696852 | NS      | $8759429.64   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinox Gold Corp                      | Equinox Gold Corp.                       | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |   1943205 | NS      | $27097223.50  | 3.40%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd             | First Quantum Minerals Ltd.              | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    573651 | NS      | $14017803.44  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** AMERICAN BEACON SELECT FUNDS

**Signature:** Aaron Cooper

**Name of Signer:** Aaron Cooper

**Title:** Treasurer