American Beacon Flexible Bond Fund

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 47.86 0.79 47.07
Stocks 0.0 0.0 0.0
Bonds 29.47 0.0 29.47
Other 9.97 6.48 3.49
Foreign Bonds 163.25 145.62 17.63
Foreign Stocks 0.19 0.0 0.19
Convertible 2.11 0.0 2.11
Preferred 0.05 0.0 0.05

Updated 09.30.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 09.30.2013

% Net Assets
Euro-Oat Future Dec13 Xeur 20131206 8.8
90day Eur Futr Dec15 Xcme 20151214 7.42
Bwu000lt1 Irs Jpy P F .50000 Swu000lt1 Ccp Cme 6.29
Bwu000lt1 Irs Jpy R V 06mlibor Swuv00lt3 Ccp Cme 6.26
Bwu0052s3 Irs Eur R V 06meurib Swuv052s5 Ccpvanilla Cme 4.17
Bwu0052s3 Irs Eur P F 2.75000 Swu0052s3 Ccpvanilla Cme 4.12
S035643 Irs Gbp R F 2.43500 4.1
S035643 Irs Gbp P V 06mlibor 4.1
S035336 Irs Gbp P V 06mlibor 1 Ccpvanilla 3.98
S035336 Irs Gbp R F 2.23700 2 Ccpvanilla 3.97

Bond Ratings (%)

Updated 09.30.2013

Sector AFXAX
AAA 29.6
AA 21.6
A 16.8
BBB 14.4
BB 7.6
B 5.8
Below B 2.2
Other 2.0