<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000809593</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000042128</seriesId>
        <classId>C000130820</classId>
        <classId>C000130822</classId>
        <classId>C000130821</classId>
        <classId>C000130823</classId>
        <classId>C000130824</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>AMERICAN BEACON FUNDS</regName>
      <regFileNumber>811-04984</regFileNumber>
      <regCik>0000809593</regCik>
      <regLei>549300EXCES9V5RWB620</regLei>
      <regStreet1>220 EAST LAS COLINAS BOULEVARD</regStreet1>
      <regStreet2>SUITE 1200</regStreet2>
      <regCity>IRVING</regCity>
      <regStateConditional regCountry="US" regState="US-TX"/>
      <regZipOrPostalCode>75039</regZipOrPostalCode>
      <regPhone>817-391-6100</regPhone>
      <seriesName>American Beacon Acadian Emerging Markets Managed Volatility Fund</seriesName>
      <seriesId>S000042128</seriesId>
      <seriesLei>549300B5AWV536JQ0V56</seriesLei>
      <repPdEnd>2021-01-31</repPdEnd>
      <repPdDate>2020-04-30</repPdDate>
      <isFinalFiling>Y</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>3550107.61</totAssets>
      <totLiabs>28473.19</totLiabs>
      <netAssets>3521634.42</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>0.23000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000130820" rtn1="-5.45000000" rtn2="-11.26000000" rtn3="-0.10000000"/>
          <monthlyTotReturn classId="C000130824" rtn1="-5.40000000" rtn2="-11.01000000" rtn3="-0.10000000"/>
          <monthlyTotReturn classId="C000130821" rtn1="-5.50000000" rtn2="-11.23000000" rtn3="-0.25000000"/>
          <monthlyTotReturn classId="C000130823" rtn1="-5.48000000" rtn2="-11.33000000" rtn3="-0.10000000"/>
          <monthlyTotReturn classId="C000130822" rtn1="-5.48000000" rtn2="-10.92000000" rtn3="-0.28000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="-2094.34000000" netUnrealizedAppr="-2944.42000000"/>
            <mon2 netRealizedGain="-27450.94000000" netUnrealizedAppr="7606.05000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="-2094.34000000" netUnrealizedAppr="-2944.42000000"/>
              <instrMon2 netRealizedGain="-27450.94000000" netUnrealizedAppr="7606.05000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="-224.74000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="-224.74000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
          </foreignExchgContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="75348.04000000" netUnrealizedAppr="-528252.50000000"/>
        <othMon2 netRealizedGain="-1177087.60000000" netUnrealizedAppr="243484.28000000"/>
        <othMon3 netRealizedGain="-63730.62000000" netUnrealizedAppr="63401.71000000"/>
      </returnInfo>
      <mon1Flow redemption="1374843.28000000" reinvestment="0.00000000" sales="852624.39000000"/>
      <mon2Flow redemption="3083044.59000000" reinvestment="0.00000000" sales="18971.90000000"/>
      <mon3Flow redemption="1770445.34000000" reinvestment="814147.70000000" sales="60538.95000000"/>


    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>American Beacon U.S. Government Money Market</name>
        <lei>549300EXCES9V5RWB620</lei>
        <title>American Beacon U.S. Government Money Market</title>
        <cusip>02368W200</cusip>
        <identifiers>
          <isin value="US02368W2008"/>
        </identifiers>
        <balance>3537869.53000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3537869.53000000</valUSD>
        <pctVal>100.4610106576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-05-27</ncom:dateSigned>
      <ncom:nameOfApplicant>AMERICAN BEACON FUNDS</ncom:nameOfApplicant>
      <ncom:signature>Sonia Bates</ncom:signature>
      <ncom:signerName>Sonia Bates</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
