May 15, 2024 State Street Bank and Trust Company
Exhibit 99.(g)(14)
May 15, 2024
State Street Bank and Trust Company
Channel Center
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Boston, MA 02210
Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Vice President
| Re: | American Beacon Funds |
Ladies and Gentlemen:
The undersigned, pursuant to authority under the Custodian Agreement 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 “Portfolios”) as set forth below.
I. Change of Name
The Trust has filed a change of name for the following Portfolios and the Trust hereby requests that the Custodian continue to act as Custodian for each Portfolio:
| Previous Portfolio Name | New Portfolio Name | Effective Date |
| American Beacon Bridgeway Large Cap Growth Fund | American Beacon Man Large Cap Growth Fund | May 1, 2024 |
| American Beacon Bridgeway Large Cap Value Fund | American Beacon Man Large Cap Value Fund | May 1, 2024 |
For your convenience, attached as Schedule D hereto is a replacement of “Schedule D” to the Agreement.
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| ▇▇▇ ▇. ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇., ▇▇▇. ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ • 817.391.6100 | ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ |
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/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |
| Name: | ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |
| Title: | Vice President | |
Acknowledged and agreed as of the date set forth below:
| STATE STREET BANK AND TRUST COMPANY | ||
| By: | /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ | |
| Name: | ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ | |
| Title: | Senior Vice President | |
| Date: | May 16, 2024 | |
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Schedule D
Effective Date: May 1, 2024
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 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Quality Bond Fund
American Beacon Developing World Income Fund
American Beacon International Equity Fund
American Beacon Large Cap Value Fund
American Beacon Man Large Cap Growth Fund
American Beacon Man 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 ▇▇▇▇▇▇▇ Equity Opportunities Fund
American Beacon ▇▇▇▇▇▇▇ ▇▇▇▇ Cap Equity Fund
American Beacon FEAC Floating Rate Income Fund
American Beacon SSI Alternative Income Fund
American Beacon ▇▇▇▇▇▇▇▇ Small Cap Growth Fund
American Beacon ▇▇▇▇▇▇▇▇ 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.
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