TO SUB-ADMINISTRATIVE SERVICES FEE AGREEMENT
Exhibit 99.2(k)(9)
AMERICAN BEACON FUNDS
AMERICAN BEACON SELECT FUNDS
AMERICAN BEACON INSTITUTIONAL FUNDS TRUST
AMERICAN BEACON SOUND POINT ENHANCED INCOME FUND
AMERICAN BEACON APOLLO TOTAL RETURN FUND
SEVENTH AMENDMENT
TO
SUB-ADMINISTRATIVE SERVICES FEE AGREEMENT
This Seventh Amendment (“Amendment”) to the Sub-Administrative Services Fee Agreement dated April 30, 2017 (“Agreement”) by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust, the American Beacon Institutional Funds Trust, the American Beacon Sound Point Enhanced Income Fund and the American Beacon Apollo Total Return Fund, each a Delaware statutory trust, (collectively, the “Trusts”), and American Beacon Advisors, Inc., a Delaware corporation (the “Manager”) is effective as of July 31, 2020. Capitalized terms used in this Amendment without definition shall have the respective meanings ascribed to such terms in the Agreement (as defined below).
WHEREAS, the parties wish to amend the Agreement as set forth below:
Manager and the Trusts wish to remove the American Beacon GLG Total Return Fund from Schedule A to the Agreement as set forth below;
NOW THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree to amend the Agreement, pursuant to the terms thereof, as follows:
| 1. | The Agreement and its Schedule A are amended to reflect the removal of the following Funds: |
| a. | American Beacon GLG Total Return Fund, effective June 30, 2020 |
| 2. | Schedule A is hereby deleted in its entirety and replaced with the updated attached Schedule A. |
| 3. | Except as specifically amended hereby, all other terms and conditions of the Agreement shall remain in full force and effect. This Amendment is incorporated in its entirety into the Agreement, and this Amendment and said Agreement shall be read and interpreted together as the Agreement. |
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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.
AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS AMERICAN BEACON INSTITUTIONAL FUNDS TRUST AMERICAN BEACON SOUND POINT ENHANCED INCOME FUND | ||||
| By: | /s/ Xxxx X. Needles, Jr. | |||
| Xxxx X. Needles, Jr. | ||||
| President | ||||
| AMERICAN BEACON ADVISORS, INC. | ||||
| By: | /s/ Xxxxxxx X. Xxxxxxxx | |||
| Xxxxxxx X. Xxxxxxxx | ||||
| President and Chief Operating Officer | ||||
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AMERICAN BEACON FUNDS
AMERICAN BEACON SELECT FUNDS
AMERICAN BEACON INSTITUTIONAL FUNDS TRUST
AMERICAN BEACON SOUND POINT ENHANCED INCOME FUND
AMERICAN BEACON APOLLO TOTAL RETURN FUND
SUB-ADMINISTRATIVE SERVICES FEE Agreement
SCHEDULE A
American Beacon Funds
American Beacon AHL Managed Futures Strategy Fund
American Beacon AHL Target Risk Fund
American Beacon ARK Transformational Innovation Fund
American Beacon Xxxx & Xxxxxx Small Cap Growth Fund
American Beacon Balanced Fund
American Beacon Bridgeway Large Cap Growth Fund
American Beacon Bridgeway Large Cap Value Fund
American Beacon Continuous Capital Emerging Markets Fund
American Beacon Crescent Short Duration High Income Fund
American Beacon Xxxxxx Xxxxxxxx Quality Bond Fund
American Beacon Frontier Markets Income Fund
American Beacon International Equity Fund
American Beacon Large Cap Value Fund
American Beacon Mid-Cap Value Fund
American Beacon Xxxxxxx Equity Opportunities Fund
American Beacon Xxxxxxx XXXX Cap Equity Fund
American Beacon SiM High Yield Opportunities Fund
American Beacon Small Cap Value Fund
American Beacon Sound Point Floating Rate Income Fund
American Beacon SSI Alternative Income Fund
American Beacon Xxxxxxxx Mid-Cap Growth Fund
American Beacon Xxxxxxxx Small Cap Growth Fund
American Beacon The London Company Income Equity Fund
American Beacon Tocqueville International Value Fund
American Beacon TwentyFour Short Term Bond Fund
American Beacon TwentyFour Strategic Income Fund
American Beacon Zebra Small Cap Equity Fund
AMERICAN BEACON SELECT FUND
American Beacon U.S. Government Money Market Select Fund
AMERICAN BEACON INSTITUTIONAL FUNDS TRUST
American Beacon Diversified Fund
AMERICAN BEACON SOUND POINT ENHANCED INCOME FUND
American Beacon Sound Point Enhanced Income Fund
AMERICAN BEACON APOLLO TOTAL RETURN FUND
American Beacon Apollo Total Return Fund
Effective Date: June 30, 2020
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