August 4, 2023 State Street Bank and Trust Company
Exhibit 99.(g)(13)
August 4, 2023
State Street Bank and Trust Company
Channel Center
Xxx Xxxx Xxxxxx
Boston, MA 02210
Attention: Xxxxxx Xxxxxxx, Vice President
Ladies and Gentlemen:
The undersigned pursuant to authority under the Custodian Contract dated December 1, 1997 (as amended, modified or supplemented from time to time, the “Agreement”), between American Beacon Funds (the “Trust”) and State Street Bank and Trust Company (the “Custodian”), hereby advises you of certain changes related to certain series of shares the Trust (the “Funds”) as set forth below.
I. Termination of Funds
The following Funds (the “Terminated Funds”) have been terminated and are removed from the Agreement effective on the Termination Date:
| Fund Name | Termination Date |
| American Beacon Xxxx & Xxxxxx Small Cap Growth Fund | October 14, 2022 |
| American Beacon AHL TargetRisk Core Fund | July 7, 2023 |
| American Beacon Zebra Small Cap Equity Fund | July 14, 2023 |
No further services will be provided by the Custodian to the Terminated Funds after each respective Terminated Fund’s Termination Date. Any compensation or reimbursement owed to the Custodian under the Agreement and unpaid at the Termination Date shall be paid to the Custodian on or before the Termination Date. Further the Trust has provided you as Custodian under the Agreement with written instructions to transfer any assets of such Fund(s), if applicable.
II. New Series
The Trust has established a new series, the American Beacon AHL Multi-Alternatives Fund (the “Fund’). In accordance with the Additional Funds provision of Section 20 of the Agreement, the Trust hereby requests that you act as Custodian for the Fund.
For your convenience, attached as Schedule D hereto is a replacement of “Schedule D” to the Agreement.
| 000 X. Xxx Xxxxxxx Xxxx., Xxx. 0000, Xxxxxx, Xxxxx 00000 • 817.391.6100 | xxxxxxxxxxxxxxxxxxxxxx.xxx |
Please indicate your acceptance of the foregoing by executing two copies of this letter agreement, returning one to the Trust and retaining one copy for your records.
| Sincerely, | ||
| AMERICAN BEACON FUNDS | ||
| By: | /s/ Xxxxxxx X. Xxxxx | |
| Name: | Xxxxxxx X. Xxxxx | |
| Title: | Vice President | |
Acknowledged and agreed as of the date of this letter set forth above:
| STATE STREET BANK AND TRUST COMPANY | ||
| By: | /s/ Xxxxxxx X. Xxxxxxxx | |
| Name: | Xxxxxxx X. Xxxxxxxx | |
| Title: | SVP | |
| 000 X. Xxx Xxxxxxx Xxxx., Xxx. 0000, Xxxxxx, Xxxxx 00000 • 817.391.6100 | xxxxxxxxxxxxxxxxxxxxxx.xxx |
Schedule D
American Beacon AHL Managed Futures Strategy Fund
American Beacon AHLMulti-Alternatives Fund
American Beacon AHL TargetRisk Fund
American Beacon ARK Transformational Innovation Fund
American Beacon Balanced Fund
American Beacon Bridgeway Large Cap Growth Fund
American Beacon Bridgeway Large Cap Value Fund
American Beacon Xxxxxx Xxxxxxxx Quality Bond Fund
American Beacon Developing World Income Fund
American Beacon International Equity Fund
American Beacon Large Cap Value Fund
American Beacon The London Company Income Equity Fund
American Beacon NIS Core Plus Bond Fund
American Beacon SiM High Yield Opportunities Fund
American Beacon Small Cap Value Fund
American Beacon Xxxxxxx Equity Opportunities Fund
American Beacon Xxxxxxx XXXX Cap Equity Fund
American Beacon FEAC Floating Rate Income Fund
American Beacon SSI Alternative Income Fund
American Beacon Xxxxxxxx Small Cap Growth Fund
American Beacon Xxxxxxxx Mid-Cap Growth Fund
American Beacon EAM International Small Cap Fund
American Beacon TwentyFour Sustainable Short Term Bond Fund
American Beacon TwentyFour Strategic Income Fund
American Beacon Cayman Managed Futures Strategy Fund, Ltd.
American Beacon Cayman TargetRisk Company, Ltd.
American Beacon Cayman Multi Alternatives Company, Ltd.
Effective Date: August 4, 2023
| 000 X. Xxx Xxxxxxx Xxxx., Xxx. 0000, Xxxxxx, Xxxxx 00000 • 817.391.6100 | xxxxxxxxxxxxxxxxxxxxxx.xxx |
