American Beacon Quarterly Top 10s

Information as of 09/30/2011
Acadian Emerging Markets Managed Volatility Fund

Balanced Fund
Holding NamePercentage
JPMorgan Chase & Co.2.0%
ConocoPhillips1.8%
Wells Fargo & Co.1.7%
Pfizer, Inc.1.5%
Microsoft Corp.1.4%
Vodafone Group plc1.4%
AT&T, Inc.1.3%
Hewlett-Packard Co.1.2%
Johnson & Johnson1.2%
Bank of America Corp.1.1%

Bridgeway Large Cap Value Fund

Earnest Partners Emerging Markets Equity Fund

Emerging Markets Fund
Holding NamePercentage
Petroleo Brasileiro S.A.2.9%
China Mobile Ltd.1.9%
Samsung Electronics Co. Ltd.1.9%
Standard Bank Group Ltd.1.8%
Gazprom OAO1.7%
First Pacific Co Ltd.1.6%
Lukoil OAO1.6%
KB Financial Group, Inc.1.5%
POSCO1.5%
China Resources Power Holdings Co Ltd.1.4%

Flexible Bond Fund

Global Evolution Frontier Markets Income Fund

High Yield Bond Fund
Holding NamePercentage
CIT Group, Inc., 7.00%, Due 5/2/20171.0%
Cricket Communications, Inc., 7.75%, Due 10/15/20201.0%
Visant Corp., 10.000%, Due 10/1/20171.0%
DISH DBS Corp., 7.125%, Due 2/1/20160.9%
HUB International Holdings, Inc., 10.250%, Due 6/15/20150.9%
Synovus Financial Corp., 5.125%, Due 6/15/20170.9%
Ford Motor Credit Co. LLC, 6.625%, Due 8/15/20170.8%
International Lease Finance Corp., 5.65%, Due 6/1/20140.8%
Nuveen Investments, Inc., 10.50%, Due 11/15/20150.8%
RITE AID Corp., 9.75%, Due 6/12/20160.8%

Holland Large Cap Growth Fund

Intermediate Bond Fund
Holding NamePercentage
Freddie Mac Gold Pool, 5.00%, Due 4/1/20401.7%
Fannie Mae Pool, 5.00%, Due 5/1/20401.4%
National Credit Union Administration, 0.625%, Due 3/11/20201.4%
Fannie Mae Pool, 4.50%, Due 1/1/20401.2%
Fannie Mae Pool, 4.50%, Due 3/1/20251.2%
Government National Mortgage Association, 2.70%, Due 4/16/20431.2%
Government National Mortgage Association, 3.20%, Due 11/16/20441.0%
National Credit Union Administration, 0.674%, Due 10/7/20201.0%
Fannie Mae Pool, 5.50%, Due 6/1/20400.9%
The Bear Stearns Cos., Inc., 7.25%, Due 2/1/20180.9%

International Equity Fund
Holding NamePercentage
Novartis AG2.8%
Sanofi2.6%
DBS Group Holdings Ltd.1.7%
HSBC Holdings plc1.7%
Siemens AG1.7%
Vodafone Group plc1.7%
Roche Holding Ltd.1.6%
Royal Dutch Shell plc1.6%
Unilever plc1.6%
Toyota Motor Corp.1.5%

International Equity Index Fund

Large Cap Value Fund
Holding NamePercentage
JPMorgan Chase & Co.3.4%
Wells Fargo & Co.2.9%
ConocoPhillips2.7%
Pfizer, Inc.2.5%
Vodafone Group plc2.4%
AT&T, Inc.2.3%
Johnson & Johnson2.2%
Microsoft Corp.2.2%
Bank of America Corp.1.9%
Hewlett-Packard Co.1.9%

Mid-Cap Value Fund
Holding NamePercentage
Fifth Third Bancorp2.2%
L-3 Communications Holdings, Inc.1.9%
Molson Coors Brewing Co., Class B1.5%
Avnet, Inc.1.4%
Molex, Inc.1.4%
Willis Group Holdings plc1.4%
Entergy Corp.1.3%
International Game Technology1.3%
Xcel Energy, Inc.1.3%
Royal Caribbean Cruises Ltd.1.2%

Retirement Income and Appreciation Fund
Holding NamePercentage
Fannie Mae Pool, 5.00%, Due 1/1/20412.1%
Government National Mortgage Association, 2.70%, Due 4/16/20432.1%
Government National Mortgage Association, 3.20%, Due 11/16/20442.1%
Government National Mortgage Association, 2.543%, Due 9/16/20441.9%
National Credit Union Administration, 0.674%, Due 10/7/20201.8%
National Credit Union Administration, 0.625%, Due 3/11/20201.6%
Freddie Mac Gold Pool, 4.50%, Due 2/1/20411.4%
Freddie Mac Gold Pool, 4.00%, Due 1/1/20411.3%
Ford Credit Floorplan Master Owner Trust, 1.769%, Due 9/15/20141.2%
Freddie Mac Gold Pool, 0.629%, Due 12/15/20401.2%

S&P 500 Index Fund

Short-Term Bond Fund
Holding NamePercentage
National Credit Union Administration, 0.625%, Due 3/11/20203.8%
National Credit Union Administration, 0.674%, Due 1/8/20203.5%
Ally Master Owner Trust, 1.031%, Due 9/15/20162.1%
Government National Mortgage Association, 2.25%, Due 5/16/20332.1%
Government National Mortgage Association, 2.45%, Due 7/16/20322.1%
Government National Mortgage Association, 1.864%, Due 8/16/20311.8%
Ford Credit Floorplan Master Owner Trust, 1.769%, Due 9/15/20141.7%
Government National Mortgage Association, 2.161%, Due 11/16/20361.6%
Government National Mortgage Association, 2.45%, Due 7/16/20381.6%
National Australia Bank Ltd., 1.202%, Due 7/25/20141.6%

SGA Global Growth Fund

SiM High Yield Opportunities Fund
Holding NamePercentage
Cirsa Funding Luxembourg S.A., 8.75%, Due 5/15/20183.2%
IMS Health, Inc., 12.50%, Due 3/1/20183.0%
Harmony Foods Corp., 10.00%, Due 5/1/20162.9%
Nuveen Investments, Inc., 10.50%, Due 11/15/20152.9%
MGM Resorts International, 7.50%, Due 6/1/20162.8%
ARAMARK Holdings Corp., 8.625%, Due 5/1/20162.7%
Forbes Energy Services Ltd., 9.00%, Due 6/15/20192.7%
Multiplan, Inc., 9.875%, Due 9/1/20182.7%
Quality Distribution LLC/QD Capital Corp., 9.875%, Due 11/1/20182.7%
Tenet Healthcare Corp., 8.00%, Due 8/1/20202.7%

Small Cap Index Fund

Small Cap Value Fund
Holding NamePercentage
LifePoint Hospitals, Inc.1.1%
Portland General Electric Co.0.9%
Rent-A-Center, Inc.0.9%
Valassis Communications, Inc.0.9%
Great Plains Energy, Inc.0.8%
ProAssurance Corp.0.8%
Iberiabank Corp.0.7%
Endurance Specialty Holdings Ltd.0.6%
HealthSouth Corp.0.6%
SYNNEX Corp.0.6%

Small Cap Value II Fund

Stephens Mid-Cap Growth Fund

Stephens Small Cap Growth Fund

The London Company Income Equity Fund

Treasury Inflation Protected Securities Fund
Holding NamePercentage
U.S. Treasury Note, 2.00%, Due 7/15/201413.8%
U.S. Treasury Note, 0.125%, Due 4/15/201612.5%
U.S. Treasury Note, 1.125%, Due 1/15/20218.1%
U.S. Treasury Note, 1.375%, Due 1/15/20207.8%
U.S. Treasury Note, 1.375%, Due 7/15/20185.6%
U.S. Treasury Note, 0.625%, Due 7/15/20215.5%
U.S. Treasury Note, 2.00%, Due 1/15/20165.3%
U.S. Treasury Note, 1.625%, Due 1/15/20154.9%
U.S. Treasury Note, 1.25%, Due 7/15/20204.7%
U.S. Treasury Note, 0.50%, Due 4/15/20154.4%

Zebra Global Equity Fund

Zebra Small Cap Equity Fund
Holding NamePercentage
Loral Space & Communications, Inc.1.7%
CNO Financial Group, Inc.1.0%
M&F Worldwide Corp.0.9%
Universal American Corp.0.9%
Amerco, Inc.0.8%
Amkor Technology, Inc.0.8%
KKR Financial Holdings LLC0.8%
Delphi Financial Group, Inc.0.7%
Enstar Group Ltd.0.7%
Kemper Corp.0.7%

For a prospectus containing more information, including expenses, click here. Read it carefully before you invest or send money. Past performance is no guarantee of future results.