American Beacon Advisors

American Beacon Advisors as of Dec. 31, 2010

Portfolio Holdings for American Beacon Advisors

American Beacon Advisors holds 0 positions in its portfolio as reported in the December 2010 quarterly 13F filing

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                   TITLE OF                    VALUE      SHRS OR  SH/  PUT/     INVESTMENT      OTHER        VOTING AUTHORITY
NAME OF ISSUER      CLASS         CUSIP      (x$1000)     PRN AMT  PRN  CALL     DISCRETION     MANAGERS    SOLE    SHARED    NONE
----------------- ---------    ---------     ---------    -------  ---  ----     ----------     --------    -----   -------  -----
{S}                {C}            {C}           {C}        {C}     {C}   {C}        {C}            {C}       {C}               {C}

DEX ONE CORP       COM          25212W100       80        10,761   SH              DEFINED                  10,761

E TRADE
FINANCIAL CORP     NOTE 8/3     269246AZ7       371       240,000  PRN             DEFINED                  240,000

                   NOTE
HORIZON LINES INC  4.25% 8/1    44044KAB7       737       800,000  PRN             DEFINED                  800,000

SUPERMEDIA INC     COM          868447103       9         1,037    SH              DEFINED                  1,037