AMERICAN BEACON FUNDS AMERICAN BEACON MILEAGE FUNDS AMERICAN BEACON SELECT FUNDS AMERICAN BEACON MASTER TRUST AMENDMENT TO ADMINISTRATION AGREEMENT
AMERICAN BEACON MILEAGE FUNDS
AMERICAN BEACON SELECT FUNDS
AMERICAN BEACON MASTER TRUST
AMENDMENT TO
The attached amended and restated Schedule A is hereby incorporated into the Administration Agreement dated September 12, 2008, as amended (“Agreement”), by and among the American Beacon Funds, the American Beacon Mileage Funds, the American Beacon Select Funds and the American Beacon Master Trust, each a Massachusetts business trust (each a “Trust”), and American Beacon Advisors, Inc., a Delaware corporation (“AmBeacon”).
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed by their respective officers thereunto duly authorized and their respective seals to be hereunto affixed, as of the day and year first above written.
Dated: February 3, 2012
| AMERICAN BEACON FUNDS |
| AMERICAN BEACON MILEAGE FUNDS |
| AMERICAN BEACON SELECT FUNDS |
| AMERICAN BEACON MASTER TRUST |
| /s/ Xxxxxxxx X. Xxxxx |
| Name: Xxxxxxxx X. Xxxxx |
| Title: Vice President & Secretary |
| AMERICAN BEACON ADVISORS, INC. |
| /s/ Xxxx X. Needles, Jr. |
| Name: Xxxx X. Needles, Jr. |
| Title: President & CEO |
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AMENDED AND RESTATED
SCHEDULE A
Administrative Services Fees
| A. | American Beacon Funds |
As compensation pursuant to Paragraph 9 of the Administration Agreement for services rendered pursuant to such Agreement, the American Beacon Funds shall pay to AmBeacon a fee, computed daily and paid monthly, at the following annual rates as a percentage of each Fund’s average daily net assets:
| 1. Balanced Fund |
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| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Advisor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 2. Emerging Markets Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 3. Flexible Bond Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 4. High Yield Bond Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
2
| 5. Intermediate Bond Fund |
||||
| Institutional Class Shares |
0.05 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 6. International Equity Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Advisor Class Shares |
0.30 | % | ||
| Retirement Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 7. International Equity Index Fund |
||||
| Institutional Class Shares |
0.10 | % | ||
| 8. Large Cap Growth Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 9. Large Cap Value Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Advisor Class Shares |
0.30 | % | ||
| Retirement Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 10. Mid-Cap Value Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Advisor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
3
| 11. Retirement Income & Appreciation Fund |
||||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 12. S&P 500 Index Fund |
||||
| Institutional Class Shares |
0.10 | % | ||
| Investor Class Shares |
0.30 | % | ||
| 13. Short-Term Bond Fund |
||||
| Institutional Class Shares |
0.05 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 14. Small Cap Index Fund |
||||
| Institutional Class Shares |
0.10 | % | ||
| 15. Small Cap Value Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Advisor Class Shares |
0.30 | % | ||
| Retirement Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| AMR Class Shares |
0.05 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 16. Treasury Inflation Protected Securities Fund |
||||
| Institutional Class Shares |
0.15 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class CShares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 17. Zebra Large Cap Equity Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Retirement Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
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| 18. Zebra Small Cap Equity Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Retirement Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 19. Small Cap Value II Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 20. SiM High Yield Opportunities Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 20. Bridgeway Large Cap Value Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 21. Xxxxxxxx Mid-Cap Growth Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
| 22. Xxxxxxxx Small Cap Growth Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % | ||
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| 21. Holland Large Cap Growth Fund |
||||
| Institutional Class Shares |
0.30 | % | ||
| Investor Class Shares |
0.30 | % | ||
| Y Class Shares |
0.30 | % | ||
| A Class Shares |
0.40 | % | ||
| C Class Shares |
0.40 | % |
To the extent and for such periods of time that any of the American Beacon Fund invests all of its investable assets (i.e., securities and cash) in another registered investment company pursuant to a master-feeder arrangement, then the fee payable by such Fund pursuant to the foregoing fee schedule shall be reduced by 0.05% with respect to the International Equity Index Fund, the S&P 500 Index Fund and the Small Cap Index Fund.
| B. | American Beacon Mileage Funds |
As compensation pursuant to Paragraph 9 of the Administration Agreement for services rendered pursuant to such Agreement, the American Mileage Funds shall pay to AmBeacon a fee, computed daily and paid monthly, at the following annual rates as a percentage of each Fund’s average daily net assets:
| 1. Money Market Mileage Fund |
||||
| Mileage Class Shares |
0.11 | % |
To the extent and for such periods of time that any of the American Beacon Mileage Funds invests all of its investable assets (i.e., securities and cash) in another registered investment company pursuant to a master-feeder arrangement, then the fee payable by such Fund pursuant to the foregoing fee schedule shall be reduced by 0.01%.
| C. | American Beacon Select Funds |
As compensation pursuant to Paragraph 9 of the Administration Agreement for services rendered pursuant to such Agreement, the American Beacon Select Funds shall pay to AmBeacon a fee, computed daily and paid monthly, at the following annual rates as a percentage of each Fund’s average daily net assets:
| 1. Money Market Select Fund |
||||
| Select Class Shares |
0.01 | % | ||
| 2. U.S. Government Money Market Select Fund |
||||
| Select Class Shares |
0.01 | % | ||
To the extent and for such periods of time that any of the American Beacon Select Funds invests all of its investable assets (i.e., securities and cash) in another registered investment company pursuant to a master-feeder arrangement, then the fee payable by such Fund pursuant to the foregoing schedule shall be reduced by 0.01%.
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| D. | American Beacon Master Trust |
As compensation pursuant to Paragraph 9 of the Administration Agreement for services rendered pursuant to such Agreement, the American Beacon Master Trust shall pay to AmBeacon a fee, computed daily and paid monthly, at the following annual rates as a percentage of each Portfolio’s average daily net assets:
| 1. Money Market Portfolio |
0.01 | % |
Dated: February 3, 2012
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