To Transfer Agency and Service Agreements between State Street Bank and Trust Company and American Beacon Funds American Beacon Select Funds

Exhibit 99.(h)(1)(E)

AMENDMENT

To Transfer Agency and Service Agreements

between

State Street Bank and Trust Company

and

American Beacon Funds

American Beacon Select Funds

This Amendment is made as of this 18^th day of June, 2014, by State Street Bank and Trust Company (the “Transfer Agent” or the “Bank”) and each of American Beacon Funds and American Beacon Select Funds (each a “Fund”, collectively the “Funds”). In accordance with Section 15 (Additional Funds) and Section 17 (Amendment) of the Transfer Agency and Service Agreements between American Beacon Funds and the Transfer Agent dated January 1, 1998, as amended and American Beacon Select Funds and the Transfer Agent dated December 31, 1999, as amended (together, the “Agreements”), the parties desire to amend the Agreements as set forth herein.

NOW THEREFORE, the parties agree as follows:

1. Schedule A. The current Schedule A to the Agreements is replaced and superseded with the Schedule A attached hereto and dated September 15, 2014;

2. All defined terms and definitions in the Agreement shall be the same in this amendment (the “Amendment”) except as specifically revised by this Amendment; and

3. Except as specifically set forth in this September 18, 2014 Amendment, all other terms and conditions of the Agreement shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this September 18, 2014 Amendment to be executed in their names and on their behalf by and through their duly authorized officers, as of the day and year first above written.

AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS		STATE STREET BANK AND TRUST COMPANY
By:  /s/Xxxxx XxXxxxxx		By:   /s/Xxxxxxx Xxxxxx
Name: Xxxxx XxXxxxxx		Name: Xxxxxxx Xxxxxx
Title: Vice President		Title: Executive Vice President

AMERICAN BEACON FUNDS:

Institutional Class

Acadian Emerging Markets Managed Volatility Fund - Inst. Class

AHL Managed Futures Strategy Fund - Inst. Class

Xxxx & Xxxxxx Small Cap Growth Fund - Inst. Class

Balanced Fund - Inst. Class

Bridgeway Large Cap Value Fund - Inst. Class

Crescent Short Duration High Income Fund - Inst. Class*

Xxxxxxx Partners Emerging Markets Equity Fund - Inst. Class

Emerging Markets Fund - Inst. Class

Flexible Bond Fund - Inst. Class

Global Evolution Frontier Markets Income Fund - Inst. Class

High Yield Bond Fund - Inst. Class

Holland Large Cap Growth Fund - Inst. Class

Intermediate Bond Fund - Inst. Class

International Equity Fund - Inst. Class

International Equity Index Fund - Inst. Class

Large Cap Value Fund - Inst. Class

Mid-Cap Value Fund - Inst. Class

S&P 500 Index Fund - Inst. Class

SGA Global Growth Fund - Inst. Class

Short-Term Bond Fund - Inst. Class

SiM High Yield Opportunities Fund - Inst. Class

Small Cap Index Fund - Inst. Class

Small Cap Value Fund - Inst. Class

Xxxxxxxx Mid-Cap Growth Fund - Inst. Class

Xxxxxxxx Small Cap Growth Fund - Inst. Class

The London Company Income Equity Fund - Inst. Class

Treasury Inflation Protected Securities Fund - Inst. Class

Zebra Global Equity Fund - Inst. Class

Zebra Small Cap Equity Fund - Inst. Class

Y Class

Acadian Emerging Markets Managed Volatility Fund - Y Class

AHL Managed Futures Strategy Fund - Y Class

Xxxx & Xxxxxx Small Cap Growth Fund - Y Class

Balanced Fund - Y Class

Bridgeway Large Cap Value Fund - Y Class

Crescent Short Duration High Income Fund - Y Class*

Xxxxxxx Partners Emerging Markets Equity Fund - Y Class

Emerging Markets Fund - Y Class

Flexible Bond Fund - Y Class

Global Evolution Frontier Markets Income Fund - Y Class

High Yield Bond Fund - Y Class

Holland Large Cap Growth Fund - Y Class

Intermediate Bond Fund - Y Class

International Equity Fund - Y Class

Large Cap Value Fund - Y Class

Mid-Cap Value Fund - Y Class

Retirement Income and Appreciation Fund - Y Class

SGA Global Growth Fund - Y Class

Short-Term Bond Fund - Y Class

SiM High Yield Opportunities Fund - Y Class

Small Cap Value Fund - Y Class

Small Cap Value II Fund - Y Class

Xxxxxxxx Mid-Cap Growth Fund - Y Class

Xxxxxxxx Small Cap Growth Fund - Y Class

The London Company Income Equity Fund - Y  Class

Treasury Inflation Protected Securities Fund - Y Class

Zebra Global Equity Fund - Y Class

Zebra Small Cap Equity Fund - Y Class

Retirement Class

International Equity Fund - Retirement Class

Large Cap Value Fund - Retirement Class

Small Cap Value Fund - Retirement Class

Advisor Class (formerly Service Class)

Balanced Fund - Advisor Class

International Equity Fund - Advisor Class

Large Cap Value Fund - Advisor Class

Mid-Cap Value Fund - Advisor Class

Small Cap Value Fund - Advisor Class

Investor Class (formerly PlanAhead Class)

Acadian Emerging Markets Managed Volatility Fund - Investor Class

AHL Managed Futures Strategy Fund - Investor Class

Xxxx & Xxxxxx Small Cap Growth Fund - Investor Class

Balanced Fund - Investor Class

Bridgeway Large Cap Value Fund - Investor Class

Crescent Short Duration High Income Fund - Investor Class*

Xxxxxxx Partners Emerging Markets Equity Fund - Investor Class

Emerging Markets Fund - Investor Class

Flexible Bond Fund - Investor Class

Global Evolution Frontier Markets Income Fund - Investor Class

High Yield Bond Fund - Investor Class

Holland Large Cap Growth Fund - Investor Class

Intermediate Bond Fund - Investor Class

International Equity Fund - Investor Class

Large Cap Value Fund - Investor Class

Mid-Cap Value Fund - Investor Class

Retirement Income and Appreciation Fund - Investor Class

S&P 500 Index Fund - Investor Class

SGA Global Growth Fund - Investor Class

Short-Term Bond Fund - Investor Class

SiM High Yield Opportunities Fund - Investor Class

Small Cap Value Fund - Investor Class

Small Cap Value II Fund - Investor Class

Xxxxxxxx Mid-Cap Growth Fund - Investor Class

Xxxxxxxx Small Cap Growth Fund - Investor Class

The London Company Income Equity Fund - Investor  Class

Treasury Inflation Protected Securities Fund - Investor Class

Zebra Global Equity Fund - Investor Class

Zebra Small Cap Equity Fund - Investor Class

A Class

Acadian Emerging Markets Managed Volatility Fund - A Class

AHL Managed Futures Strategy Fund - A Class

Xxxx & Xxxxxx Small Cap Growth Fund - A Class

Balanced Fund - A Class

Bridgeway Large Cap Value Fund - A Class

Crescent Short Duration High Income Fund - A Class*

Xxxxxxx Partners Emerging Markets Equity Fund - A Class

Emerging Markets Fund - A Class

Flexible Bond Fund - A Class

Global Evolution Frontier Markets Income Fund - A Class

High Yield Bond Fund - A Class

Holland Large Cap Growth Fund - A Class

Intermediate Bond Fund - A Class

International Equity Fund - A Class

Large Cap Value Fund - A Class

Mid-Cap Value Fund - A Class

Retirement Income and Appreciation Fund - A Class

SGA Global Growth Fund - A Class

Short-Term Bond Fund - A Class

SiM High Yield Opportunities Fund - A Class

Small Cap Value Fund - A Class

Xxxxxxxx Mid-Cap Growth Fund - A Class

Xxxxxxxx Small Cap Growth Fund - A Class

The London Company Income Equity Fund - A  Class

Treasury Inflation Protected Securities Fund - A Class

Zebra Global Equity Fund - A Class

Zebra Small Cap Equity Fund - A Class

C Class

Acadian Emerging Markets Managed Volatility Fund - C Class

AHL Managed Futures Strategy Fund - C Class

Xxxx & Xxxxxx Small Cap Growth Fund - C Class

Balanced Fund - C Class

Bridgeway Large Cap Value Fund - C Class

Crescent Short Duration High Income Fund - C Class*

Xxxxxxx Partners Emerging Markets Equity Fund - C Class

Emerging Markets Fund - C Class

Flexible Bond Fund - C Class

Global Evolution Frontier Markets Income Fund - C Class

High Yield Bond Fund  - C Class

Holland Large Cap Growth Fund - C Class

Intermediate Bond Fund - C Class

International Equity Fund - C Class

Large Cap Value Fund - C Class

Mid-Cap Value Fund - C Class

Retirement Income and Appreciation Fund - C Class

SGA Global Growth Fund - C Class

Short-Term Bond Fund - C Class

SiM High Yield Opportunities Fund - C Class

Small Cap Value Fund - C Class

Xxxxxxxx Mid-Cap Growth Fund - C Class

Xxxxxxxx Small Cap Growth Fund - C Class

The London Company Income Equity Fund - C  Class

Treasury Inflation Protected Securities Fund - C Class

Zebra Global Equity Fund - C Class

Zebra Small Cap Equity Fund - C Class

AMR Class

Balanced Fund - AMR Class

Emerging Markets Fund - AMR Class

High Yield Bond Fund - AMR Class

International Equity Fund - AMR Class

Large Cap Value Fund - AMR Class

Mid-Cap Value Fund - AMR Class

Small Cap Value Fund - AMR Class

AMERICAN BEACON SELECT FUNDS:

Money Market Select Fund

U.S. Government Money Market Select Fund

*Expected effective date shall be on or about October 1, 2014