American Beacon Advisors Launches American Beacon Crescent Short Duration High Income Fund

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Fund Will Use A Credit-Intensive Research Process That Seeks To Exploit Credit Market Inefficiencies

Our latest product provides another option for investors to work toward their investment objectives while continuing our goal of diversifying our overall product lineup.

American Beacon Advisors (“American Beacon”), an experienced provider of investment advisory services to retail and institutional clients, today launched the American Beacon Crescent Short Duration High Income Fund (Institutional Class: ACHIX, A Class: ACHAX).

The American Beacon Crescent Short Duration High Income Fund will invest primarily in high yield fixed income securities and bank loans rated below investment grade. The Fund’s investment strategy is to tactically allocate among a variety of credit investments to achieve a high level of current income regardless of the overall credit or interest rate environment.

“Our clients and shareholders are continually looking to evolve their total portfolio strategies in a consistently changing marketplace,” said Gene L. Needles, American Beacon President and CEO. “Our latest product provides another option for investors to work toward their investment objectives while continuing our goal of diversifying our overall product lineup.”

The Fund’s sub-advisor, Crescent Capital Group (“Crescent”), an SEC-registered investment adviser, is headquartered in Los Angeles with offices in Boston, London and New York. With more than 60 investment professionals and 120 employees, the firm invests at all levels of the capital structure with a significant focus on below investment grade credit through strategies that invest in senior bank loans, high yield debt, mezzanine debt, distressed debt and other private debt securities. As of June 30, 2014, Crescent Capital Group manages approximately $15 billion in assets, with a relatively equal split between marketable securities and proprietary closed-end private investment partnerships.

“We are pleased to partner with American Beacon to offer investors access to our multi-asset class strategy, which provides income-focused returns based on active allocations across multiple credit asset classes,” said Mark Attanasio, Co-Founder and Managing Partner at Crescent. “Our approach has been honed over a number of credit cycles and focuses on identifying and investing in high-quality companies with strong management teams, leadership positions in their respective industries and attractive credit metrics.”

About American Beacon Advisors

Established in 1986, American Beacon Advisors, Inc. is an experienced provider of investment advisory services to institutional and retail markets. American Beacon Advisors serves defined benefit plans, defined contribution plans, foundations, endowments, corporations and other institutional investors, as well as retail clients. The firm also provides corporate cash management and fixed-income separate account management.

American Beacon Advisors manages the American Beacon Funds, a series of low-cost mutual funds. The Funds employ a “manager of managers” investment style and currently include international and domestic equity, fixed-income and money market funds. As of June 30, 2014, American Beacon Advisors had $60.1 billion in assets under management.

You should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus and summary prospectus contain this and additional information regarding the Fund. To obtain a prospectus or summary prospectus, please contact your financial advisor, call 800-967-9009 or visit americanbeaconfunds.com. The prospectus and summary prospectus should be read carefully before investing.

The Fund’s investments in high yield securities, including loans, restricted securities and floating rate securities are subject to greater levels of credit, interest rate, market, and limited marketability risks than investment-grade securities. The value of these securities will decline as interest rates rise. The Fund’s investments in foreign securities may involve heightened risk due to currency fluctuations and economic and political risks. Please see the prospectus for a complete discussion of the Fund’s risks. There can be no assurances that the investment objectives of this Fund will be met.

Distributed by Foreside Fund Services, LLC.

American Beacon is a registered service mark of American Beacon Advisors, Inc.

American Beacon Funds and American Beacon Crescent Short Duration High Income Fund are service marks of American Beacon Advisors, Inc.

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