https://www.sec.gov/Archives/edgar/data/809593/000113322820003282/abf-html2562_497.htm97 1 abf-html2562_497.htm AMERICAN BEACON FUNDS_497
Supplement dated May 29, 2020, to the following summary prospectuses, prospectuses, and statements of additional information, each as may have been previously amended or supplemented:
American Beacon ARK Transformational Innovation Fund
American Beacon Shapiro Equity Opportunities Fund
American Beacon Shapiro SMID Cap Equity Fund
American Beacon SSI Alternative Income Fund
American Beacon TwentyFour Strategic Income Fund
Summary Prospectuses, Prospectuses, and Statements of Additional Information dated October 28, 2019
American Beacon SiM High Yield Opportunities Fund
American Beacon Sound Point Floating Rate Income Fund
American Beacon The London Company Income Equity Fund
American Beacon Zebra Small Cap Equity Fund
Summary Prospectuses, Prospectuses, and Statements of Additional Information dated December 27, 2019
American Beacon TwentyFour Short Term Bond Fund
Summary Prospectus, Prospectus, and Statement of Additional Information dated February 18, 2020
American Beacon Balanced Fund
American Beacon Garcia Hamilton Quality Bond Fund
American Beacon International Equity Fund
American Beacon Large Cap Value Fund
American Beacon Mid-Cap Value Fund
American Beacon Small Cap Value Fund
American Beacon Tocqueville International Value Fund
Summary Prospectuses, Prospectuses, and Statements of Additional Information dated February 28, 2020
American Beacon AHL Managed Futures Strategy Fund
American Beacon AHL TargetRisk Fund
American Beacon Bahl & Gaynor Small Cap Growth Fund
American Beacon Bridgeway Large Cap Growth Fund
American Beacon Bridgeway Large Cap Value Fund
American Beacon Stephens Mid-Cap Growth Fund
American Beacon Stephens Small Cap Growth Fund
Summary Prospectuses, Prospectuses, and Statements of Additional Information dated April 29, 2020
Effective May 29, 2020, direct mutual fund accounts will no longer be offered to new shareholders of the above series (the “Funds”) of American Beacon Funds (the “Trust”).
Existing direct mutual fund account shareholders will continue to be able to buy or sell shares through their existing direct mutual fund accounts, but will no longer be able to open new direct mutual fund accounts. American Beacon Advisors, Inc. (the “Manager”) may allow the following individuals to open new direct mutual fund accounts in its sole discretion: (i) employees of the Manager, or its direct parent company,
Resolute Investment Managers, Inc., (ii) employees of a sub-advisor to a fund in the American Beacon Funds Complex, (iii) members of the Board of Trustees of the Trust, (iv) employees of Kelso & Company, L.P. or Estancia Capital Management, LLC, the Manager’s indirect parent companies, and (v) members of the Manager’s Board of Directors.
This information hereby supersedes and replaces any contrary information included in the Funds' summary prospectuses, prospectuses, and statements of additional information.
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andhttps://www.sec.gov/Archives/edgar/data/1096012/000113322820003280/abusgmmsf-html2564_497.htm497 1 abusgmmsf-html2564_497.htm AB U.S. GOVERNMENT MONEY MARKET SELECT FUND_497
American Beacon U.S. Government Money Market Select Fund
Supplement dated
May 29, 2020
to the
Summary Prospectus, Prospectus, and Statement of Additional Information dated April 29, 2020
Effective May 29, 2020, direct mutual fund accounts will no longer be offered to new shareholders of the American Beacon U.S. Government Money Market Select Fund (the “Fund”), a series of American Beacon Select Funds (the “Trust”).
Existing direct mutual fund account shareholders will continue to be able to buy or sell shares through their existing direct mutual fund accounts, but will no longer be able to open new direct mutual fund accounts. American Beacon Advisors, Inc. (the “Manager”) may allow the following individuals to open new direct mutual fund accounts in its sole discretion: (i) employees of the Manager, or its direct parent company, Resolute Investment Managers, Inc., (ii) employees of a sub-advisor to a fund in the American Beacon Funds Complex, (iii) members of the Board of Trustees of the Trust, (iv) employees of Kelso & Company, L.P. or Estancia Capital Management, LLC, the Manager’s indirect parent companies, and (v) members of the Manager’s Board of Directors.
This information hereby supersedes and replaces any contrary information included in the Fund's summary prospectus, prospectus, and statement of additional information.
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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
