AMENDMENT

Transfer Agency and Service Agreement

Between

DST Asset Manager Solutions, Inc. (f/k/a Boston Financial Data Services, Inc.)

And

American Beacon Funds

American Beacon Select Funds

American Beacon Intuitional Funds Trust

This Amendment is made as of this 25^th day of February 2019, by DST Asset Manager Solutions, Inc. (f/k/a Boston Financial Data Services, Inc.) (the “Transfer Agent”) and each of American Beacon Funds, American Beacon Select Funds, and American Beacon Institutional Funds Trust (each a “Fund”, collectively the “Funds”). In accordance with Section 15 (Additional Funds/Portfolios) and Sections 16.1 and/or 17 (Amendment) of the Transfer Agency and Service Agreements between American Beacon Funds and the Transfer Agent dated January 1, 1998, as amended, between American Beacon Select Funds and the Transfer Agent dated December 31, 1999, as amended and between American Beacon Institutional Funds Trust and the Transfer Agent dated March 22, 2017, as amended (together, the “Agreements”), the parties desire to amend each Agreement as set forth herein.

NOW THEREFORE, the parties agree as follows:

1.	Schedule A. Any current Schedule A to the Agreements is hereby added to, replaced and/or superseded with the Schedule A attached hereto dated February 25, 2019; and

2.	All defined terms and definitions in the Agreements shall be the same in this Amendment (the “February 25, 2019 Amendment”) except as specifically revised by this Amendment; and

3.	Except as specifically set forth in this February 25, 2019 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 February 25, 2019 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 AMERICAN BEACON INSTITUTIONAL FUNDS TRUST		DST Asset Manager Solutions, Inc.

By:/s/Terri McKinney		By: /s/Rahul Kanwar

Name: Terri McKinney		Name: Rahul Kanwar

Title: Vice President		Title: Authorized Representative
As an Authorized Officer on behalf of each of the Funds indicated on Schedule A

SCHEDULE A

Effective: February 25, 2019

INSTITUTIONAL CLASS

Acadian Emerging Markets Managed Volatility Fund - Inst. Class

AHL Managed Futures Strategy Fund - Inst. Class

AHL TargetRisk Fund - Inst. Class

Alpha Quant Core Fund - Inst. Class

Alpha Quant Dividend Fund - Inst. Class

Alpha Quant Quality Fund - Inst. Class

Alpha Quant Value Fund - Inst. Class

ARK Transformational Innovation Fund - Inst. Class

Bahl & Gaynor Small Cap Growth Fund - Inst. Class

Balanced Fund - Inst. Class

Bridgeway Large Cap Growth Fund - Inst. Class

Bridgeway Large Cap Value Fund - Inst. Class

Continuous Capital Emerging Markets Fund - Inst. Class

Crescent Short Duration High Income Fund - Inst. Class

Frontier Markets Income Fund - Inst. Class

Garcia Hamilton Quality Bond Fund - Inst. Class

GLG Total Return Fund - Inst. Class

International Equity Fund - Inst. Class

Ionic Strategic Arbitrage Fund - Inst. Class

Large Cap Value Fund - Inst. Class

Mid-Cap Value Fund - Inst. Class

SGA Global Growth Fund - Inst. Class (1)

Shapiro Equity Opportunities Fund - Inst. Class

Shapiro SMID Cap Equity Fund - Inst. Class

SiM High Yield Opportunities Fund - Inst. Class

Small Cap Value Fund - Inst. Class

Sound Point Floating Rate Income Fund - Inst. Class

SSI Alternative Income Fund - Inst. Class (2)

Stephens Mid-Cap Growth Fund - Inst. Class

Stephens Small Cap Growth Fund - Inst. Class

The London Company Income Equity Fund - Inst. Class

Tocqueville International Value Fund - Inst. Class

TwentyFour Strategic Income Fund - Inst. Class

Zebra Small Cap Equity Fund - Inst. Class

R6 CLASS

Bridgeway Large Cap Growth Fund- R6 Class

Bridgeway Large Cap Value Fund - R6 Class

Garcia Hamilton Quality Bond Fund - R6 Class (3)

International Equity Fund - R6 Class

Large Cap Value Fund - R6 Class

Mid-Cap Value Fund - R6 Class

Small Cap Value Fund - R6 Class

Stephens Mid-Cap Growth Fund - R6 Class

Stephens Small Cap Growth Fund - R6 Class (4)

SCHEDULE A

Effective: February 25, 2019

INVESTOR CLASS

Acadian Emerging Markets Managed Volatility Fund - Investor Class

AHL Managed Futures Strategy Fund - Investor Class

AHL TargetRisk Fund - Investor Class

Alpha Quant Core Fund - Investor Class

Alpha Quant Dividend Fund - Investor Class

Alpha Quant Quality Fund - Investor Class

Alpha Quant Value Fund - Investor Class

ARK Transformational Innovation Fund - Investor Class

Bahl & Gaynor Small Cap Growth Fund - Investor Class

Balanced Fund - Investor Class

Bridgeway Large Cap Growth Fund - Investor Class

Bridgeway Large Cap Value Fund - Investor Class

Continuous Capital Emerging Markets Fund - Investor Class

Crescent Short Duration High Income Fund - Investor Class

Frontier Markets Income Fund - Investor Class

Garcia Hamilton Quality Bond Fund - Investor Class

GLG Total Return Fund - Investor Class

International Equity Fund - Investor Class

Ionic Strategic Arbitrage Fund - Investor Class

Large Cap Value Fund - Investor Class

Mid-Cap Value Fund - Investor Class

SGA Global Growth Fund - Investor Class (1)

Shapiro Equity Opportunities Fund - Investor Class

Shapiro SMID Cap Equity Fund - Investor Class

SiM High Yield Opportunities Fund - Investor Class

Small Cap Value Fund - Investor Class

Sound Point Floating Rate Income Fund - Investor Class

SSI Alternative Income Fund - Investor Class (2)

Stephens Mid-Cap Growth Fund - Investor Class

Stephens Small Cap Growth Fund - Investor Class

The London Company Income Equity Fund - Investor Class

Tocqueville International Value Fund - Investor Class

TwentyFour Strategic Income Fund - Investor Class

Zebra Small Cap Equity Fund - Investor Class

ADVISOR 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

SCHEDULE A

Effective: February 25, 2019

A CLASS

Acadian Emerging Markets Managed Volatility Fund - A Class

AHL Managed Futures Strategy Fund - A Class

ARK Transformational Innovation Fund - A Class

Bahl & Gaynor Small Cap Growth Fund - A Class

Balanced Fund - A Class

Bridgeway Large Cap Growth Fund - A Class

Bridgeway Large Cap Value Fund - A Class

Crescent Short Duration High Income Fund - A Class

Frontier Markets Income Fund - A Class

GLG Total Return Fund - A Class

International Equity Fund - A Class

Ionic Strategic Arbitrage Fund - A Class

Large Cap Value Fund - A Class

Mid-Cap Value Fund - A Class

SGA Global Growth Fund - A Class (1)

SiM High Yield Opportunities Fund - A Class

Small Cap Value Fund - A Class

Sound Point Floating Rate Income Fund - A Class

Stephens Mid-Cap Growth Fund - A Class

Stephens Small Cap Growth Fund - A Class

The London Company Income Equity Fund - A Class

TwentyFour Strategic Income 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

ARK Transformational Innovation Fund - C Class

Bahl & Gaynor Small Cap Growth Fund - C Class

Balanced Fund - C Class

Bridgeway Large Cap Growth Fund - C Class

Bridgeway Large Cap Value Fund - C Class

Crescent Short Duration High Income Fund - C Class

Frontier Markets Income Fund - C Class

GLG Total Return Fund - C Class

International Equity Fund - C Class

Ionic Strategic Arbitrage Fund - C Class

Large Cap Value Fund - C Class

Mid-Cap Value Fund - C Class

SGA Global Growth Fund - C Class (1)

SiM High Yield Opportunities Fund - C Class

Small Cap Value Fund - C Class

Sound Point Floating Rate Income Fund - C Class

Stephens Mid-Cap Growth Fund - C Class

Stephens Small Cap Growth Fund - C Class

SCHEDULE A

Effective: February 25, 2019

C CLASS (cont)

The London Company Income Equity Fund - C Class

TwentyFour Strategic Income Fund - C Class

Zebra Small Cap Equity Fund - C Class

Y CLASS

Acadian Emerging Markets Managed Volatility Fund - Y Class

AHL Managed Futures Strategy Fund - Y Class

AHL TargetRisk Fund - Y Class

Alpha Quant Core Fund - Y Class

Alpha Quant Dividend Fund - Y Class

Alpha Quant Quality Fund - Y Class

Alpha Quant Value Fund - Y Class

ARK Transformational Innovation Fund - Y Class

Bahl & Gaynor Small Cap Growth Fund - Y Class

Balanced Fund - Y Class

Bridgeway Large Cap Growth Fund - Y Class

Bridgeway Large Cap Value Fund - Y Class

Continuous Capital Emerging Markets Fund - Y Class

Crescent Short Duration High Income Fund - Y Class

Frontier Markets Income Fund - Y Class

Garcia Hamilton Quality Bond Fund - Y Class

GLG Total Return Fund - Y Class

International Equity Fund - Y Class

Ionic Strategic Arbitrage Fund - Y Class

Large Cap Value Fund - Y Class

Mid-Cap Value Fund - Y Class

SGA Global Growth Fund - Y Class (1)

Shapiro Equity Opportunities Fund - Y Class

Shapiro SMID Cap Equity Fund - Y Class

SiM High Yield Opportunities Fund - Y Class

Small Cap Value Fund - Y Class

Sound Point Floating Rate Income Fund - Y Class

SSI Alternative Income Fund - Y Class (2)

Stephens Mid-Cap Growth Fund - Y Class

Stephens Small Cap Growth Fund - Y Class

The London Company Income Equity Fund - Y Class

Tocqueville International Value Fund - Y Class

TwentyFour Strategic Income Fund - Y Class

Zebra Small Cap Equity Fund - Y Class

ULTRA CLASS

GLG Total Return Fund - Ultra Class

TwentyFour Strategic Income Fund - Ultra Class

SCHEDULE A

Effective: February 25, 2019

SP CLASS

Sound Point Floating Rate Income Fund - SP Class

AMERICAN BEACON INSTITUTIONAL FUNDS TRUST

American Beacon Diversified Fund

AMERICAN BEACON SELECT FUND

U.S. Government Money Market Select Fund

(1)	Conversion to Virtus expected on or about May 3, 2019

(2)	Launch expected on or about May 17, 2019

(3)	Launch expected on or about February 28, 2019

(4)	Launch expected on or about April 30, 2019