# EDGAR Filing Document

**Accession Number:** 0000809593
**File Stem:** 0001752724-25-161811
**Filing Date:** 2025-6
**Character Count:** 61734
**Document Hash:** cf5bf4549b5886d9fe1ec1edc2c14ca3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161811.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161811

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**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:** 251085285

**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 Large Cap Value Fund (Series ID: S000001091)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000002969 | R5 Class       | AADEX           |
| C000002970 | Investor Class | AAGPX           |
| C000004803 | Advisor Class  | AVASX           |
| C000079122 | Y Class        | ABLYX           |
| C000089422 | A Class        | ALVAX           |
| C000092339 | C Class        | ALVCX           |
| C000185590 | R6 Class       | AALRX           |

## 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 Large Cap Value Fund

- **b. EDGAR series identifier (if any):** S000001091

- **c. LEI of Series:** 549300BZTBSIYS570767

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $3143850129.74

**Total Liabilities:** $11018548.64

**Net Assets:** $3132831581.10

**Cash Not Reported:** $7481167.95

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004803 | 0.53%                | -3.06%               | -3.47%               |
| Class ID C000185590 | 0.59%                | -3.05%               | -3.41%               |
| Class ID C000079122 | 0.52%                | -3.02%               | -3.42%               |
| Class ID C000002969 | 0.58%                | -3.05%               | -3.41%               |
| Class ID C000002970 | 0.55%                | -3.10%               | -3.42%               |
| Class ID C000092339 | 0.48%                | -3.15%               | -3.48%               |
| Class ID C000089422 | 0.53%                | -3.06%               | -3.43%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $31102189.33             | $-16941346.93                              |
| Month 2  | $21991604.38             | $-127655343.81                             |
| Month 3  | $13020917.07             | $-129192765.48                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Honeywell International Inc                  | Honeywell International, Inc.                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     78910 | NS      | $16610555.00  | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Shell PLC                                    | Shell PLC                                    | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    293336 | NS      | $18914305.28  | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Warner Bros Discovery Inc                    | Warner Bros Discovery, Inc.                  | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    758361 | NS      | $6574989.87   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Blackrock Inc                                | Blackrock, Inc.                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     13295 | NS      | $12155086.70  | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Accenture PLC                                | Accenture PLC                                | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |     57605 | NS      | $17232535.75  | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| American Electric Power Co Inc               | American Electric Power Co., Inc.            | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     47020 | NS      | $5094146.80   | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| General Motors Co                            | General Motors Co.                           | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    523764 | NS      | $23695083.36  | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Progressive Corp/The                         | Progressive Corp.                            | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    170702 | NS      | $48093581.48  | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Dominion Energy Inc                          | Dominion Energy, Inc.                        | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    752430 | NS      | $40917143.40  | 1.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Mondelez International Inc                   | Mondelez International, Inc.                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    183292 | NS      | $12487683.96  | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Union Pacific Corp                           | Union Pacific Corp.                          | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     82149 | NS      | $17716253.34  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson & Johnson                            | Johnson & Johnson                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    143801 | NS      | $22477534.31  | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Hess Corp                                    | Hess Corp.                                   | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     94700 | NS      | $12221035.00  | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| UnitedHealth Group Inc                       | UnitedHealth Group, Inc.                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     58532 | NS      | $24082406.08  | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| Philip Morris International Inc              | Philip Morris International, Inc.            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    215764 | NS      | $36973319.04  | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Wells Fargo & Co                             | Wells Fargo & Co.                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    693651 | NS      | $49256157.51  | 1.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Schlumberger NV                              | Schlumberger NV                              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    260768 | NS      | $8670536.00   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| AbbVie Inc                                   | AbbVie, Inc.                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     81769 | NS      | $15953131.90  | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Air Products and Chemicals Inc               | Air Products & Chemicals, Inc.               | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     99999 | NS      | $27108728.91  | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Permian Resources Corp                       | Permian Resources Corp.                      | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    982427 | NS      | $11592638.60  | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Everest Group Ltd                            | Everest Group Ltd.                           | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |     29858 | NS      | $10713946.14  | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Cognizant Technology Solutions Corp          | Cognizant Technology Solutions Corp.         | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    211577 | NS      | $15565719.89  | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| EOG Resources Inc                            | EOG Resources, Inc.                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     69076 | NS      | $7621155.08   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Diageo PLC                                   | Diageo PLC                                   | CUSIP: 25243Q205<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |     62973 | NS      | $7054235.46   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Micron Technology Inc                        | Micron Technology, Inc.                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     80235 | NS      | $6174083.25   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| Reckitt Benckiser Group PLC                  | Reckitt Benckiser Group PLC                  | CUSIP: 756255204<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    491676 | NS      | $6347537.16   | 0.20%             |  |  |  | No            | 1                  | On Loan: —       |
| Olin Corp                                    | Olin Corp.                                   | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    362926 | NS      | $7846460.12   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Citigroup Inc                                | Citigroup, Inc.                              | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    760790 | NS      | $52022820.20  | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Chubb Ltd                                    | Chubb Ltd.                                   | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     65504 | NS      | $18739384.32  | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicom Group Inc                            | Omnicom Group, Inc.                          | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     94975 | NS      | $7233296.00   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| PNC Financial Services Group Inc/The         | PNC Financial Services Group, Inc.           | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     99349 | NS      | $15964390.81  | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| General Dynamics Corp                        | General Dynamics Corp.                       | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     92032 | NS      | $25043747.84  | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Xcel Energy Inc                              | Xcel Energy, Inc.                            | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    518240 | NS      | $36639568.00  | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Lithia Motors Inc                            | Lithia Motors, Inc.                          | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     15100 | NS      | $4420676.00   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Comcast Corp                                 | Comcast Corp.                                | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |   1250326 | NS      | $42761149.20  | 1.36%             |  |  |  | No            | 1                  | On Loan: No      |
| PPG Industries Inc                           | PPG Industries, Inc.                         | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    117900 | NS      | $12834594.00  | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Marriott International Inc/MD                | Marriott International, Inc.                 | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |     53918 | NS      | $12863756.44  | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| PPL Corp                                     | PPL Corp.                                    | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    486373 | NS      | $17752614.50  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Exelon Corp                                  | Exelon Corp.                                 | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    184706 | NS      | $8662711.40   | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| Axalta Coating Systems Ltd                   | Axalta Coating Systems Ltd.                  | CUSIP: 000000000<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |    626771 | NS      | $20370057.50  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Unilever PLC                                 | Unilever PLC                                 | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    151817 | NS      | $9647970.35   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Medtronic PLC                                | Medtronic PLC                                | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    469261 | NS      | $39774562.36  | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Truist Financial Corp                        | Truist Financial Corp.                       | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    199794 | NS      | $7660101.96   | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| Corteva Inc                                  | Corteva, Inc.                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     96641 | NS      | $5990775.59   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| PepsiCo Inc                                  | PepsiCo, Inc.                                | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     85608 | NS      | $11606732.64  | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Texas Instruments Inc                        | Texas Instruments, Inc.                      | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     80530 | NS      | $12888826.50  | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Centene Corp                                 | Centene Corp.                                | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |    153310 | NS      | $9175603.50   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Alphabet Inc                                 | Alphabet, Inc.                               | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    194499 | NS      | $30886441.20  | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| Phillips 66                                  | Phillips 66                                  | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |    190509 | NS      | $19824366.54  | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| CNH Industrial NV                            | CNH Industrial NV                            | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    949717 | NS      | $10988225.69  | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| Microchip Technology Inc                     | Microchip Technology, Inc.                   | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    282158 | NS      | $13001840.64  | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Prologis Inc                                 | Prologis, Inc.                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |    264323 | NS      | $27013810.60  | 0.86%             |  |  |  | No            | 1                  | On Loan: No      |
| Southern Co/The                              | Southern Co.                                 | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    223158 | NS      | $20505988.62  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Zimmer Biomet Holdings Inc                   | Zimmer Biomet Holdings, Inc.                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     63949 | NS      | $6589944.45   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Elevance Health Inc                          | Elevance Health, Inc.                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |    138991 | NS      | $58456834.78  | 1.87%             |  |  |  | No            | 1                  | On Loan: No      |
| Lennar Corp                                  | Lennar Corp.                                 | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |    128982 | NS      | $14008735.02  | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Baker Hughes Co                              | Baker Hughes Co.                             | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    349606 | NS      | $12376052.40  | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| NXP Semiconductors NV                        | NXP Semiconductors NV                        | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     66094 | NS      | $12181785.14  | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| GSK PLC                                      | GSK PLC                                      | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |    131915 | NS      | $5256812.75   | 0.17%             |  |  |  | No            | 1                  | On Loan: —       |
| Anheuser-Busch InBev SA/NV                   | Anheuser-Busch InBev SA                      | CUSIP: 03524A108<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |    138481 | NS      | $9113434.61   | 0.29%             |  |  |  | No            | 1                  | On Loan: —       |
| State Street Corp                            | State Street Corp.                           | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    216721 | NS      | $19093120.10  | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Lowe's Cos Inc                               | Lowe's Cos., Inc.                            | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     87521 | NS      | $19566194.76  | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Western Alliance Bancorp                     | Western Alliance Bancorp                     | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |    246099 | NS      | $17155561.29  | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Cummins Inc                                  | Cummins, Inc.                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     60513 | NS      | $17781139.92  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Workday Inc                                  | Workday, Inc.                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    181757 | NS      | $44530465.00  | 1.42%             |  |  |  | No            | 1                  | On Loan: No      |
| NOV Inc                                      | NOV, Inc.                                    | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |   1332046 | NS      | $15465054.06  | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| CDW Corp/DE                                  | CDW Corp.                                    | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     11681 | NS      | $1875501.36   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Norfolk Southern Corp                        | Norfolk Southern Corp.                       | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     35361 | NS      | $7922632.05   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| Microsoft Corp                               | Microsoft Corp.                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     26900 | NS      | $10632494.00  | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| Magna International Inc                      | Magna International, Inc.                    | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    520422 | NS      | $18089868.72  | 0.58%             |  |  |  | No            | 1                  | On Loan: —       |
| Paramount Global                             | Paramount Global                             | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |    518915 | NS      | $6092062.10   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Vertiv Holdings Co                           | Vertiv Holdings Co.                          | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    275484 | NS      | $23520823.92  | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Aptiv PLC                                    | Aptiv PLC                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |    563472 | NS      | $32151712.32  | 1.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of Nova Scotia/The                      | Bank of Nova Scotia                          | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |    320983 | NS      | $16042730.34  | 0.51%             |  |  |  | No            | 1                  | On Loan: —       |
| Trane Technologies PLC                       | Trane Technologies PLC                       | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      7944 | NS      | $3045014.64   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinnacle West Capital Corp                   | Pinnacle West Capital Corp.                  | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |    277917 | NS      | $26452140.06  | 0.84%             |  |  |  | No            | 1                  | On Loan: No      |
| AECOM                                        | AECOM                                        | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     93114 | NS      | $9185696.10   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Willis Towers Watson PLC                     | Willis Towers Watson PLC                     | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     52897 | NS      | $16281696.60  | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Chevron Corp                                 | Chevron Corp.                                | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98928 | NS      | $13460143.68  | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Johnson Controls International plc           | Johnson Controls International PLC           | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    331526 | NS      | $27815031.40  | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Entergy Corp                                 | Entergy Corp.                                | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    478517 | NS      | $39798258.89  | 1.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Fluor Corp                                   | Fluor Corp.                                  | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     82464 | NS      | $2877168.96   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| Cigna Group/The                              | Cigna Group                                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    134435 | NS      | $45713277.40  | 1.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Telefonaktiebolaget LM Ericsson              | Telefonaktiebolaget LM Ericsson              | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |   3749290 | NS      | $30894149.60  | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| CVS Health Corp                              | CVS Health Corp.                             | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    276485 | NS      | $18444314.35  | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| DuPont de Nemours Inc                        | DuPont de Nemours, Inc.                      | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     81675 | NS      | $5389733.25   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Target Corp                                  | Target Corp.                                 | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     67333 | NS      | $6511101.10   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Marsh & McLennan Cos Inc                     | Marsh & McLennan Cos., Inc.                  | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    113607 | NS      | $25614970.29  | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| Public Storage                               | Public Storage                               | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               |  | US        |     73492 | NS      | $22079201.56  | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| PACCAR Inc                                   | PACCAR, Inc.                                 | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |    225952 | NS      | $20383129.92  | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Exxon Mobil Corp                             | Exxon Mobil Corp.                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    492409 | NS      | $52013162.67  | 1.66%             |  |  |  | No            | 1                  | On Loan: No      |
| First Citizens BancShares Inc/NC             | First Citizens BancShares, Inc.              | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      2465 | NS      | $4385580.10   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Sanofi SA                                    | Sanofi SA                                    | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    499941 | NS      | $27471757.95  | 0.88%             |  |  |  | No            | 1                  | On Loan: —       |
| Bank of America Corp                         | Bank of America Corp.                        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1142457 | NS      | $45561185.16  | 1.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                  | Future                                       | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |       440 | NC      | $3745321.11   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| US Bancorp                                   | U.S. Bancorp                                 | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    438587 | NS      | $17692599.58  | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| Entegris Inc                                 | Entegris, Inc.                               | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |    102788 | NS      | $8132586.56   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Corebridge Financial Inc                     | Corebridge Financial, Inc.                   | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    341143 | NS      | $10108067.09  | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Labcorp Holdings Inc                         | Labcorp Holdings, Inc.                       | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21880 | NS      | $5273298.80   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Conagra Brands Inc                           | Conagra Brands, Inc.                         | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    230386 | NS      | $5692838.06   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| PG&E Corp                                    | PG&E Corp.                                   | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    830451 | NS      | $13719050.52  | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| BorgWarner Inc                               | BorgWarner, Inc.                             | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |    167625 | NS      | $4757197.50   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Jacobs Solutions Inc                         | Jacobs Solutions, Inc.                       | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66071 | NS      | $8179589.80   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Abbott Laboratories                          | Abbott Laboratories                          | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    121262 | NS      | $15855006.50  | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| FedEx Corp                                   | FedEx Corp.                                  | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     86936 | NS      | $18285248.88  | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Murphy Oil Corp                              | Murphy Oil Corp.                             | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    120429 | NS      | $2472407.37   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Kenvue Inc                                   | Kenvue, Inc.                                 | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    494965 | NS      | $11681174.00  | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| GE HealthCare Technologies Inc               | GE HealthCare Technologies, Inc.             | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |    287137 | NS      | $20194345.21  | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Wynn Resorts Ltd                             | Wynn Resorts Ltd.                            | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |    181493 | NS      | $14575702.83  | 0.47%             |  |  |  | No            | 1                  | On Loan: —       |
| Goldman Sachs Group Inc/The                  | Goldman Sachs Group, Inc.                    | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     10214 | NS      | $5592675.70   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Fidelity National Information Services Inc   | Fidelity National Information Services, Inc. | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    610011 | NS      | $48117667.68  | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Sherwin-Williams Co/The                      | Sherwin-Williams Co.                         | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     13571 | NS      | $4789477.32   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| Nestle SA                                    | Nestle SA                                    | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |    142456 | NS      | $15184385.04  | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| APA Corp                                     | APA Corp.                                    | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |   1486586 | NS      | $23101546.44  | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Deere & Co                                   | Deere & Co.                                  | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     11400 | NS      | $5284584.00   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Analog Devices Inc                           | Analog Devices, Inc.                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     91294 | NS      | $17795026.48  | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Illinois Tool Works Inc                      | Illinois Tool Works, Inc.                    | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     40737 | NS      | $9773213.67   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| F5 Inc                                       | F5, Inc.                                     | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |    187303 | NS      | $49586596.22  | 1.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Duke Energy Corp                             | Duke Energy Corp.                            | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    187909 | NS      | $22928656.18  | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Pfizer Inc                                   | Pfizer, Inc.                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    589171 | NS      | $14381664.11  | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Oracle Corp                                  | Oracle Corp.                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    146383 | NS      | $20599015.76  | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| RTX Corp                                     | RTX Corp.                                    | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    263720 | NS      | $33263003.60  | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| KKR & Co Inc                                 | KKR & Co., Inc.                              | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    151682 | NS      | $17332702.14  | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Boeing Co/The                                | Boeing Co.                                   | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |    193823 | NS      | $35516126.52  | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Aon PLC                                      | Aon PLC                                      | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     56879 | NS      | $20180100.41  | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Canadian National Railway Co                 | Canadian National Railway Co.                | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     42485 | NS      | $4113397.70   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Solventum Corp                               | Solventum Corp.                              | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |     71700 | NS      | $4740804.00   | 0.15%             |  |  |  | No            | 1                  | On Loan: No      |
| LPL Financial Holdings Inc                   | LPL Financial Holdings, Inc.                 | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     10092 | NS      | $3227320.68   | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| VICI Properties Inc                          | VICI Properties, Inc.                        | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |    764917 | NS      | $24492642.34  | 0.78%             |  |  |  | No            | 1                  | On Loan: No      |
| TE Connectivity PLC                          | TE Connectivity PLC                          | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     72309 | NS      | $10584591.42  | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| JB Hunt Transport Services Inc               | JB Hunt Transport Services, Inc.             | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     88133 | NS      | $11508407.14  | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Citizens Financial Group Inc                 | Citizens Financial Group, Inc.               | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    353375 | NS      | $13036003.75  | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of New York Mellon Corp/The             | Bank of New York Mellon Corp.                | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     64410 | NS      | $5179208.10   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| Morgan Stanley                               | Morgan Stanley                               | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    170227 | NS      | $19647600.34  | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Carnival Corp                                | Carnival Corp.                               | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |   1798599 | NS      | $32986305.66  | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| QUALCOMM Inc                                 | QUALCOMM, Inc.                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    175240 | NS      | $26016130.40  | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| HCA Healthcare Inc                           | HCA Healthcare, Inc.                         | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |     32521 | NS      | $11222346.68  | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Otis Worldwide Corp                          | Otis Worldwide Corp.                         | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |     34586 | NS      | $3329594.22   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| KLA Corp                                     | KLA Corp.                                    | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     16747 | NS      | $11767949.43  | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Avantor Inc                                  | Avantor, Inc.                                | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1207493 | NS      | $15685334.07  | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Northrop Grumman Corp                        | Northrop Grumman Corp.                       | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     25455 | NS      | $12383857.50  | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Hartford Insurance Group Inc/The             | Hartford Insurance Group, Inc.               | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     91103 | NS      | $11175605.01  | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Electronic Arts Inc                          | Electronic Arts, Inc.                        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     97010 | NS      | $14075180.90  | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| McKesson Corp                                | McKesson Corp.                               | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     48345 | NS      | $34459832.55  | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| Humana Inc                                   | Humana, Inc.                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     47937 | NS      | $12570998.88  | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Fortive Corp                                 | Fortive Corp.                                | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |    142274 | NS      | $9915075.06   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| Ovintiv Inc                                  | Ovintiv, Inc.                                | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |    336880 | NS      | $11312430.40  | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Nasdaq Inc                                   | Nasdaq, Inc.                                 | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |    239022 | NS      | $18215866.62  | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| WW Grainger Inc                              | WW Grainger, Inc.                            | CUSIP: 384802104<br>LEI: 549300TWZSP6O1IH2V34 | Long             | EC               | CORP              | US        |      3958 | NS      | $4054218.98   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Equifax Inc                                  | Equifax, Inc.                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |     42903 | NS      | $11160357.39  | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Kimberly-Clark Corp                          | Kimberly-Clark Corp.                         | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     53789 | NS      | $7088314.42   | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| Travelers Cos Inc/The                        | Travelers Cos., Inc.                         | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     75225 | NS      | $19869179.25  | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Kraft Heinz Co/The                           | Kraft Heinz Co.                              | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    667225 | NS      | $19416247.50  | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| American Beacon U.S. Government Money Market | American Beacon U.S. Government Money Market | CUSIP: 02368W200<br>LEI: 549300EXCES9V5RWB620 | Long             | STIV             | RF                | US        | 105500084 | NS      | $105500083.63 | 3.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Las Vegas Sands Corp                         | Las Vegas Sands Corp.                        | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    463523 | NS      | $16997388.41  | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Keurig Dr Pepper Inc                         | Keurig Dr. Pepper, Inc.                      | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |   1049703 | NS      | $36309226.77  | 1.16%             |  |  |  | No            | 1                  | On Loan: No      |
| Merck & Co Inc                               | Merck & Co., Inc.                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    363110 | NS      | $30936972.00  | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| American Beacon U.S. Government Money Market | American Beacon U.S. Government Money Market | CUSIP: 02368W200<br>LEI: 549300EXCES9V5RWB620 | Long             | STIV             | RF                | US        |   7429002 | NS      | $7429002.00   | 0.24%             |  |  |  | No            | N/A                | On Loan: No      |
| CRH PLC                                      | CRH PLC                                      | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |    389783 | NS      | $37193093.86  | 1.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Cenovus Energy Inc                           | Cenovus Energy, Inc.                         | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |    346128 | NS      | $4073926.56   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| JPMorgan Chase & Co                          | JPMorgan Chase & Co.                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    177035 | NS      | $43306301.70  | 1.38%             |  |  |  | No            | 1                  | On Loan: No      |
| Halliburton Co                               | Halliburton Co.                              | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    866105 | NS      | $17166201.10  | 0.55%             |  |  |  | No            | 1                  | On Loan: No      |
| American Express Co                          | American Express Co.                         | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    156473 | NS      | $41685971.93  | 1.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Capital One Financial Corp                   | Capital One Financial Corp.                  | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     46394 | NS      | $8362982.44   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| American International Group Inc             | American International Group, Inc.           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    575969 | NS      | $46952992.88  | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| WPP PLC                                      | WPP PLC                                      | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | JE        |    334646 | NS      | $12903949.76  | 0.41%             |  |  |  | No            | 1                  | On Loan: —       |
| Eaton Corp PLC                               | Eaton Corp. PLC                              | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     34686 | NS      | $10210517.82  | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Timken Co/The                                | Timken Co.                                   | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     64632 | NS      | $4152606.00   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| ConocoPhillips                               | ConocoPhillips                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    307347 | NS      | $27390764.64  | 0.87%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2025-05-19

**Name of Applicant:** AMERICAN BEACON FUNDS

**Signature:** Sonia Bates

**Name of Signer:** Sonia Bates

**Title:** Treasurer