AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS TWENTY-SECOND AMENDMENT TO Management Agreement
Exhibit 99.(d)(1)(E)
AMERICAN BEACON SELECT FUNDS
TWENTY-SECOND AMENDMENT TO Management Agreement
The attached amended and restated Schedule B to remove American Beacon AHL TargetRisk Core Fund and American Beacon Zebra Small Cap Equity Fund and add American Beacon AHL Multi-Alternatives Fund is hereby incorporated into the Management Agreement dated April 4, 2016, as amended, by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust (each, a “Trust”), on behalf of each Fund of a Trust listed on Schedule B hereto, as may be amended from time to time (each, a “Fund”), and American Beacon Advisors, Inc., a Delaware corporation (the “Agreement”), and supersedes any prior Schedule B to the Agreement.
Dated: August 7, 2023
| AMERICAN BEACON FUNDS | AMERICAN BEACON ADVISORS, INC. | |||
| AMERICAN BEACON SELECT FUNDS | ||||
| By: | /s/ Xxxxxxx X. Xxxxxxxx | By: | /s/ Xxxxxxx X. Xxxxxxxx | |
| Xxxxxxx X. Xxxxxxxx | Xxxxxxx X. Xxxxxxxx | |||
| President | President and Chief Executive Officer | |||
AMERICAN BEACON SELECT FUNDS
SCHEDULE B
| Fund | Effective Date | Fee Schedule | Grandfathered Fund |
| American Beacon AHL Managed Futures Strategy Fund | 5/29/2016 | Alternative Investments | Yes |
| American Beacon AHL Multi-Alternatives Fund | 8/15/2023 | Alternative Investments | n/a |
| American Beacon AHL TargetRisk Fund | 12/31/2018 | Traditional - Single Manager | n/a |
| American Beacon ARK Transformational Innovation Fund | 1/27/2017 | Traditional - Single Manager | n/a |
| American Beacon Balanced Fund | 5/29/2016 | Traditional - Multiple Manager | Yes |
| American Beacon Bridgeway Large Cap Growth Fund | 5/29/2016 | Traditional - Single Manager | n/a |
| American Beacon Bridgeway Large Cap Value Fund | 5/29/2016 | Traditional - Single Manager | n/a |
| American Beacon Developing World Income Fund | 6/19/2018 | Traditional - Single Manager | n/a |
| American Beacon EAM International Small Cap Fund | 1/16/2019 | Traditional - Single Manager | n/a |
| American Beacon FEAC Floating Rate Income Fund | 5/29/2016 | Traditional - Single Manager | n/a |
| American Beacon Xxxxxx Xxxxxxxx Quality Bond Fund | 4/4/2016 | Traditional - Single Manager | n/a |
| American Beacon International Equity Fund | 5/29/2016 | Traditional - Multiple Manager | Yes |
| American Beacon Large Cap Value Fund | 5/29/2016 | Traditional - Multiple Manager | Yes |
| American Beacon NIS Core Plus Bond Fund | 9/10/2020 | Traditional - Single Manager | n/a |
| American Beacon Xxxxxxx Equity Opportunities Fund | 9/12/2017 | Traditional - Single Manager | n/a |
| American Beacon Xxxxxxx XXXX Cap Equity Fund | 9/12/2017 | Traditional - Single Manager | n/a |
| American Beacon SiM High Yield Opportunities Fund | 5/29/2016 | Traditional - Single Manager | n/a |
| American Beacon Small Cap Value Fund | 5/29/2016 | Traditional - Multiple Manager | Yes |
| American Beacon SSI Alternative Income Fund | 5/17/2019 | Traditional - Single Manager | n/a |
| American Beacon Xxxxxxxx Mid-Cap Growth Fund | 5/29/2016 | Traditional - Single Manager | n/a |
| American Beacon Xxxxxxxx Small Cap Growth Fund | 5/29/2016 | Traditional - Single Manager | n/a |
| American Beacon The London Company Income Equity Fund | 5/29/2016 | Traditional - Single Manager | n/a |
| American Beacon TwentyFour Sustainable Short Term Bond Fund | 2/05/2020 | Traditional - Single Manager | n/a |
| American Beacon TwentyFour Strategic Income Fund | 4/3/2017 | Traditional - Single Manager | n/a |
Dated: August 7, 2023
| B-1 |
