# EDGAR Filing Document

**Accession Number:** 0000892538
**File Stem:** 0001193125-23-013001
**Filing Date:** 2023-1
**Character Count:** 49215
**Document Hash:** 530447954603bf4b6c98a0b82f5d63f3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-013001.hdr.sgml**: 20230123

**ACCESSION NUMBER**: 0001193125-23-013001

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230123

**DATE AS OF CHANGE**: 20230123

**EFFECTIVENESS DATE**: 20230123

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SUNAMERICA SERIES TRUST
- **CENTRAL INDEX KEY:** 0000892538
- **IRS NUMBER:** 137002445
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0131

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-52742
- **FILM NUMBER:** 23543673

**BUSINESS ADDRESS:**
- **STREET 1:** 21650 OXNARD STREET, 10TH FLOOR
- **CITY:** WOODLAND HILLS
- **STATE:** CA
- **ZIP:** 91367
- **BUSINESS PHONE:** 201-324-6378

**MAIL ADDRESS:**
- **STREET 1:** HARBORSIDE 5
- **STREET 2:** 185 HUDSON STREET, SUITE 3300
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07311

## Series and Classes Contracts Data

### SA DFA Ultra Short Bond Portfolio (Series ID: S000008075)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021953 |
| Class 2    | C000021954 |
| Class 3    | C000021955 |

---

### SA Large Cap Index Portfolio (Series ID: S000008076)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021956 |
| Class 3    | C000183180 |

---

### SA JPMorgan Equity-Income Portfolio (Series ID: S000008077)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021957 |
| Class 2    | C000021958 |
| Class 3    | C000021959 |

---

### SA Invesco Main Street Large Cap Portfolio (Series ID: S000008078)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021960 |
| Class 2    | C000021961 |
| Class 3    | C000021962 |

---

### SA Franklin BW U.S. Large Cap Value Portfolio (Series ID: S000008079)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021963 |
| Class 2    | C000021964 |
| Class 3    | C000021965 |

---

### SA Franklin Systematic U.S. Large Cap Value Portfolio (Series ID: S000008080)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021966 |
| Class 2    | C000021967 |
| Class 3    | C000021968 |

---

### SA AB Growth Portfolio (Series ID: S000008081)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021969 |
| Class 2    | C000021970 |
| Class 3    | C000021971 |

---

### SA MFS Massachusetts Investors Trust Portfolio (Series ID: S000008083)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021975 |
| Class 2    | C000021976 |
| Class 3    | C000021977 |

---

### SA MFS Blue Chip Growth Portfolio (Series ID: S000008085)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021981 |
| Class 2    | C000021982 |
| Class 3    | C000021983 |

---

### SA Federated Hermes Corporate Bond Portfolio (Series ID: S000008086)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021984 |
| Class 2    | C000021985 |
| Class 3    | C000021986 |

---

### SA Fidelity Institutional AMSM Real Estate Portfolio (Series ID: S000008087)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021987 |
| Class 2    | C000021988 |
| Class 3    | C000021989 |

---

### SA Franklin Small Company Value Portfolio (Series ID: S000008088)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021990 |
| Class 3    | C000021991 |

---

### SA JPMorgan Mid-Cap Growth Portfolio (Series ID: S000008089)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021992 |
| Class 2    | C000021993 |
| Class 3    | C000021994 |

---

### SA Invesco Growth Opportunities Portfolio (Series ID: S000008091)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000021998 |
| Class 2    | C000021999 |
| Class 3    | C000022000 |

---

### SA Janus Focused Growth Portfolio (Series ID: S000008092)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022001 |
| Class 2    | C000022002 |
| Class 3    | C000022003 |

---

### SA AB Small & Mid Cap Value Portfolio (Series ID: S000008094)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 2    | C000022007 |
| Class 3    | C000022008 |
| CLASS 1    | C000109738 |

---

### SA Putnam International Growth and Income Portfolio (Series ID: S000008095)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022009 |
| Class 2    | C000022010 |
| Class 3    | C000022011 |

---

### SA JPMorgan Global Equities Portfolio (Series ID: S000008096)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022012 |
| Class 2    | C000022013 |
| Class 3    | C000022014 |

---

### SA Goldman Sachs Global Bond Portfolio (Series ID: S000008097)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022015 |
| Class 2    | C000022016 |
| Class 3    | C000022017 |

---

### SA Morgan Stanley International Equities Portfolio (Series ID: S000008098)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022018 |
| Class 2    | C000022019 |
| Class 3    | C000022020 |

---

### SA JPMorgan Emerging Markets Portfolio (Series ID: S000008099)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022021 |
| Class 2    | C000022022 |
| Class 3    | C000022023 |

---

### SA PIMCO RAE International Value Portfolio (Series ID: S000008100)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 2    | C000022024 |
| Class 3    | C000022025 |
| CLASS 1    | C000109739 |

---

### SA PineBridge High-Yield Bond Portfolio (Series ID: S000008101)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022026 |
| Class 2    | C000022027 |
| Class 3    | C000022028 |

---

### SA JPMorgan MFS Core Bond Portfolio (Series ID: S000008102)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022029 |
| Class 2    | C000022030 |
| Class 3    | C000022031 |

---

### SA JPMorgan Diversified Balanced Portfolio (Series ID: S000008103)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022032 |
| Class 2    | C000022033 |
| Class 3    | C000022034 |

---

### SA MFS Total Return Portfolio (Series ID: S000008104)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000022035 |
| Class 2    | C000022036 |
| Class 3    | C000022037 |

---

### SA VCP Dynamic Allocation Portfolio (Series ID: S000035703)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000109363 |
| Class 1    | C000169131 |

---

### SA VCP Dynamic Strategy Portfolio (Series ID: S000037569)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000115991 |
| Class 1    | C000169132 |

---

### SA PIMCO VCP Tactical Balanced Portfolio (Series ID: S000040593)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000125868 |
| Class 1    | C000169135 |

---

### SA BlackRock VCP Global Multi Asset Portfolio (Series ID: S000052510)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000164958 |
| Class 1    | C000171603 |

---

### SA Schroders VCP Global Allocation Portfolio (Series ID: S000052511)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000164959 |
| Class 1    | C000171604 |

---

### SA T. Rowe Price VCP Balanced Portfolio (Series ID: S000052512)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000164960 |
| Class 1    | C000171605 |

---

### SA Fixed Income Index Portfolio (Series ID: S000056256)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000177069 |
| Class 3    | C000177070 |

---

### SA International Index Portfolio (Series ID: S000056257)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000177071 |
| Class 3    | C000177072 |

---

### SA Mid Cap Index Portfolio (Series ID: S000056258)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000177073 |
| Class 3    | C000177074 |

---

### SA Small Cap Index Portfolio (Series ID: S000056259)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000177075 |
| Class 3    | C000177076 |

---

### SA Index Allocation 60/40 Portfolio (Series ID: S000056260)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000177077 |
| Class 1    | C000177078 |

---

### SA Index Allocation 80/20 Portfolio (Series ID: S000056261)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000177079 |
| Class 3    | C000177080 |

---

### SA Index Allocation 90/10 Portfolio (Series ID: S000056262)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000177081 |
| Class 3    | C000177082 |

---

### SA Franklin Tactical Opportunities Portfolio (Series ID: S000058430)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000191735 |
| Class 3    | C000191736 |

---

### SA Goldman Sachs Multi-Asset Insights Portfolio (Series ID: S000059203)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000193967 |
| Class 3    | C000193968 |

---

### SA T. Rowe Price Asset Allocation Growth Portfolio (Series ID: S000059204)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000193969 |
| Class 3    | C000193970 |

---

### SA VCP Index Allocation Portfolio (Series ID: S000059205)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000193971 |
| Class 3    | C000193972 |

---

### SA Fixed Income Intermediate Index Portfolio (Series ID: S000059206)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000193973 |
| Class 3    | C000193974 |

---

### SA Large Cap Growth Index Portfolio (Series ID: S000061754)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000199989 |
| Class 3    | C000199990 |

---

### SA Large Cap Value Index Portfolio (Series ID: S000061755)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000199991 |
| Class 3    | C000199992 |

---

### SA Emerging Markets Equity Index Portfolio (Series ID: S000061756)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000199993 |
| Class 3    | C000199994 |

---

### SA Global Index Allocation 60/40 Portfolio (Series ID: S000061757)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000199995 |
| Class 3    | C000199996 |

---

### SA Global Index Allocation 75/25 Portfolio (Series ID: S000061758)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000199997 |
| Class 1    | C000199998 |

---

### SA Global Index Allocation 90/10 Portfolio (Series ID: S000061759)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000199999 |
| Class 3    | C000200000 |

---

### SA Fidelity Institutional AM International Growth Portfolio (Series ID: S000065387)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000211493 |
| Class 3    | C000211494 |

---

### SA Franklin Systematic U.S. Large Cap Core Portfolio (Series ID: S000066710)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 3    | C000214975 |
| Class 1    | C000214976 |

---

### SA BlackRock Multi-Factor 70/30 Portfolio (Series ID: S000069676)

---

|  |  |
|:---|:---|
| Class Name | Class ID   |
| Class 1    | C000222243 |
| Class 3    | C000222244 |

---

## Series and Classes Contracts Data

### SA DFA Ultra Short Bond Portfolio (Series ID: S000008075)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021953 | Class 1      |  |
| C000021954 | Class 2      |  |
| C000021955 | Class 3      |  |

### SA Large Cap Index Portfolio (Series ID: S000008076)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021956 | Class 1      |  |
| C000183180 | Class 3      |  |

### SA JPMorgan Equity-Income Portfolio (Series ID: S000008077)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021957 | Class 1      |  |
| C000021958 | Class 2      |  |
| C000021959 | Class 3      |  |

### SA Invesco Main Street Large Cap Portfolio (Series ID: S000008078)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021960 | Class 1      |  |
| C000021961 | Class 2      |  |
| C000021962 | Class 3      |  |

### SA Franklin BW U.S. Large Cap Value Portfolio (Series ID: S000008079)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021963 | Class 1      |  |
| C000021964 | Class 2      |  |
| C000021965 | Class 3      |  |

### SA Franklin Systematic U.S. Large Cap Value Portfolio (Series ID: S000008080)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021966 | Class 1      |  |
| C000021967 | Class 2      |  |
| C000021968 | Class 3      |  |

### SA AB Growth Portfolio (Series ID: S000008081)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021969 | Class 1      |  |
| C000021970 | Class 2      |  |
| C000021971 | Class 3      |  |

### SA MFS Massachusetts Investors Trust Portfolio (Series ID: S000008083)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021975 | Class 1      |  |
| C000021976 | Class 2      |  |
| C000021977 | Class 3      |  |

### SA MFS Blue Chip Growth Portfolio (Series ID: S000008085)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021981 | Class 1      |  |
| C000021982 | Class 2      |  |
| C000021983 | Class 3      |  |

### SA Federated Hermes Corporate Bond Portfolio (Series ID: S000008086)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021984 | Class 1      |  |
| C000021985 | Class 2      |  |
| C000021986 | Class 3      |  |

### SA Fidelity Institutional AMSM Real Estate Portfolio (Series ID: S000008087)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021987 | Class 1      |  |
| C000021988 | Class 2      |  |
| C000021989 | Class 3      |  |

### SA Franklin Small Company Value Portfolio (Series ID: S000008088)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021990 | Class 1      |  |
| C000021991 | Class 3      |  |

### SA JPMorgan Mid-Cap Growth Portfolio (Series ID: S000008089)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021992 | Class 1      |  |
| C000021993 | Class 2      |  |
| C000021994 | Class 3      |  |

### SA Invesco Growth Opportunities Portfolio (Series ID: S000008091)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000021998 | Class 1      |  |
| C000021999 | Class 2      |  |
| C000022000 | Class 3      |  |

### SA Janus Focused Growth Portfolio (Series ID: S000008092)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022001 | Class 1      |  |
| C000022002 | Class 2      |  |
| C000022003 | Class 3      |  |

### SA AB Small & Mid Cap Value Portfolio (Series ID: S000008094)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022007 | Class 2      |  |
| C000022008 | Class 3      |  |
| C000109738 | CLASS 1      |  |

### SA Putnam International Growth and Income Portfolio (Series ID: S000008095)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022009 | Class 1      |  |
| C000022010 | Class 2      |  |
| C000022011 | Class 3      |  |

### SA JPMorgan Global Equities Portfolio (Series ID: S000008096)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022012 | Class 1      |  |
| C000022013 | Class 2      |  |
| C000022014 | Class 3      |  |

### SA Goldman Sachs Global Bond Portfolio (Series ID: S000008097)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022015 | Class 1      |  |
| C000022016 | Class 2      |  |
| C000022017 | Class 3      |  |

### SA Morgan Stanley International Equities Portfolio (Series ID: S000008098)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022018 | Class 1      |  |
| C000022019 | Class 2      |  |
| C000022020 | Class 3      |  |

### SA JPMorgan Emerging Markets Portfolio (Series ID: S000008099)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022021 | Class 1      |  |
| C000022022 | Class 2      |  |
| C000022023 | Class 3      |  |

### SA PIMCO RAE International Value Portfolio (Series ID: S000008100)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022024 | Class 2      |  |
| C000022025 | Class 3      |  |
| C000109739 | CLASS 1      |  |

### SA PineBridge High-Yield Bond Portfolio (Series ID: S000008101)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022026 | Class 1      |  |
| C000022027 | Class 2      |  |
| C000022028 | Class 3      |  |

### SA JPMorgan MFS Core Bond Portfolio (Series ID: S000008102)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022029 | Class 1      |  |
| C000022030 | Class 2      |  |
| C000022031 | Class 3      |  |

### SA JPMorgan Diversified Balanced Portfolio (Series ID: S000008103)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022032 | Class 1      |  |
| C000022033 | Class 2      |  |
| C000022034 | Class 3      |  |

### SA MFS Total Return Portfolio (Series ID: S000008104)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000022035 | Class 1      |  |
| C000022036 | Class 2      |  |
| C000022037 | Class 3      |  |

### SA VCP Dynamic Allocation Portfolio (Series ID: S000035703)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000109363 | Class 3      |  |
| C000169131 | Class 1      |  |

### SA VCP Dynamic Strategy Portfolio (Series ID: S000037569)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000115991 | Class 3      |  |
| C000169132 | Class 1      |  |

### SA PIMCO VCP Tactical Balanced Portfolio (Series ID: S000040593)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000125868 | Class 3      |  |
| C000169135 | Class 1      |  |

### SA BlackRock VCP Global Multi Asset Portfolio (Series ID: S000052510)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000164958 | Class 3      |  |
| C000171603 | Class 1      |  |

### SA Schroders VCP Global Allocation Portfolio (Series ID: S000052511)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000164959 | Class 3      |  |
| C000171604 | Class 1      |  |

### SA T. Rowe Price VCP Balanced Portfolio (Series ID: S000052512)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000164960 | Class 3      |  |
| C000171605 | Class 1      |  |

### SA Fixed Income Index Portfolio (Series ID: S000056256)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177069 | Class 1      |  |
| C000177070 | Class 3      |  |

### SA International Index Portfolio (Series ID: S000056257)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177071 | Class 1      |  |
| C000177072 | Class 3      |  |

### SA Mid Cap Index Portfolio (Series ID: S000056258)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177073 | Class 1      |  |
| C000177074 | Class 3      |  |

### SA Small Cap Index Portfolio (Series ID: S000056259)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177075 | Class 1      |  |
| C000177076 | Class 3      |  |

### SA Index Allocation 60/40 Portfolio (Series ID: S000056260)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177077 | Class 3      |  |
| C000177078 | Class 1      |  |

### SA Index Allocation 80/20 Portfolio (Series ID: S000056261)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177079 | Class 1      |  |
| C000177080 | Class 3      |  |

### SA Index Allocation 90/10 Portfolio (Series ID: S000056262)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000177081 | Class 1      |  |
| C000177082 | Class 3      |  |

### SA Franklin Tactical Opportunities Portfolio (Series ID: S000058430)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000191735 | Class 1      |  |
| C000191736 | Class 3      |  |

### SA Goldman Sachs Multi-Asset Insights Portfolio (Series ID: S000059203)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193967 | Class 1      |  |
| C000193968 | Class 3      |  |

### SA T. Rowe Price Asset Allocation Growth Portfolio (Series ID: S000059204)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193969 | Class 1      |  |
| C000193970 | Class 3      |  |

### SA VCP Index Allocation Portfolio (Series ID: S000059205)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193971 | Class 1      |  |
| C000193972 | Class 3      |  |

### SA Fixed Income Intermediate Index Portfolio (Series ID: S000059206)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000193973 | Class 1      |  |
| C000193974 | Class 3      |  |

### SA Large Cap Growth Index Portfolio (Series ID: S000061754)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000199989 | Class 1      |  |
| C000199990 | Class 3      |  |

### SA Large Cap Value Index Portfolio (Series ID: S000061755)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000199991 | Class 1      |  |
| C000199992 | Class 3      |  |

### SA Emerging Markets Equity Index Portfolio (Series ID: S000061756)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000199993 | Class 1      |  |
| C000199994 | Class 3      |  |

### SA Global Index Allocation 60/40 Portfolio (Series ID: S000061757)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000199995 | Class 1      |  |
| C000199996 | Class 3      |  |

### SA Global Index Allocation 75/25 Portfolio (Series ID: S000061758)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000199997 | Class 3      |  |
| C000199998 | Class 1      |  |

### SA Global Index Allocation 90/10 Portfolio (Series ID: S000061759)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000199999 | Class 1      |  |
| C000200000 | Class 3      |  |

### SA Fidelity Institutional AM International Growth Portfolio (Series ID: S000065387)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000211493 | Class 1      |  |
| C000211494 | Class 3      |  |

### SA Franklin Systematic U.S. Large Cap Core Portfolio (Series ID: S000066710)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000214975 | Class 3      |  |
| C000214976 | Class 1      |  |

### SA BlackRock Multi-Factor 70/30 Portfolio (Series ID: S000069676)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000222243 | Class 1      |  |
| C000222244 | Class 3      |  |

Filed under Rule 497(e)

Registration No. 033-52742

**SunAmerica Series Trust** 

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| | |
|:---|:---|
| SA AB Growth Portfolio<br> SA AB Small & Mid Cap Value Portfolio<br> SA BlackRock Multi-Factor 70/30 Portfolio<br> SA BlackRock VCP Global Multi Asset<br>Portfolio<br> SA DFA Ultra Short Bond Portfolio<br> SA Emerging Markets Equity Index<br>Portfolio<br> SA Federated Hermes Corporate Bond<br>Portfolio<br> SA Fidelity Institutional AM<sup>®</sup> International<br>Growth Portfolio<br> SA Fidelity Institutional AM<sup>®</sup> Real Estate<br>Portfolio<br> SA Fixed Income Index Portfolio<br> SA Fixed Income Intermediate Index<br>Portfolio<br> SA Franklin BW U.S. Large Cap Value<br>Portfolio<br> SA Franklin Small Company Value<br>Portfolio<br> SA Franklin Systematic U.S. Large Cap<br>Core Portfolio<br> SA Franklin Systematic U.S. Large Cap<br>Value Portfolio<br> SA Franklin Tactical Opportunities Portfolio<br> SA Global Index Allocation 60/40 Portfolio<br> SA Global Index Allocation 75/25 Portfolio<br> SA Global Index Allocation 90/10 Portfolio<br> SA Goldman Sachs Global Bond Portfolio<br> SA Goldman Sachs Multi-Asset Insights<br>Portfolio<br> SA Index Allocation 60/40 Portfolio<br> SA Index Allocation 80/20 Portfolio<br> SA Index Allocation 90/10 Portfolio<br> SA International Index Portfolio | SA Invesco Growth Opportunities Portfolio<br> SA Invesco Main Street Large Cap Portfolio<br> SA Janus Focused Growth Portfolio<br> SA JPMorgan Diversified Balanced<br> Portfolio<br> SA JPMorgan Emerging Markets Portfolio<br> SA JPMorgan Equity-Income Portfolio<br> SA JPMorgan Global Equities Portfolio<br> SA JPMorgan MFS Core Bond Portfolio<br> SA JPMorgan Mid-Cap Growth Portfolio<br> SA Large Cap Growth Index Portfolio<br> SA Large Cap Index Portfolio<br> SA Large Cap Value Index Portfolio<br> SA MFS Blue Chip Growth Portfolio<br> SA MFS Massachusetts Investors Trust<br>Portfolio<br> SA MFS Total Return Portfolio<br> SA Mid Cap Index Portfolio<br> SA Morgan Stanley International Equities<br>Portfolio<br> SA PIMCO RAE International Value<br>Portfolio<br> SA PIMCO VCP Tactical Balanced<br>Portfolio<br> SA PineBridge High-Yield Bond Portfolio<br> SA Putnam International Growth and<br>Income Portfolio<br> SA Schroders VCP Global Allocation<br>Portfolio<br> SA Small Cap Index Portfolio<br> SA T. Rowe Price Asset Allocation Growth<br>Portfolio<br> SA T. Rowe Price VCP Balanced Portfolio<br> SA VCP Dynamic Allocation Portfolio<br> SA VCP Dynamic Strategy Portfolio<br> SA VCP Index Allocation Portfolio |

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(collectively, the "Portfolios")

Supplement dated January 23, 2023, to the Portfolios' Statement of Additional Information, dated May 1, 2022, as supplemented and amended to date ("SAI")

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At a Joint Special Meeting of Shareholders held on January 19, 2023, shareholders elected six trustees to the Board of Trustees (the "Board") of SunAmerica Series Trust (the "Trust"), including one new trustee, and approved other matters presented to them in the Notice of Joint Special Meeting of Shareholders, dated November 4, 2022, and the associated Joint Proxy Statement.

In addition, at a meeting held on October 13, 2022 (the "October Meeting"), the Board approved the removal of certain Portfolios' non-fundamental investment restrictions, as described below. The removal of these restrictions is not intended to affect the manner in which any of these Portfolios are managed. Also at the October Meeting, the Board approved new subadvisory agreements between SunAmerica Asset Management, LLC and the Portfolios' subadvisers in connection with the Separation Plan (as defined below), pursuant to the Trust's manager-of-managers exemptive order. The new subadvisory agreements will become effective after the first Change of Control Event (as defined below).

Effective immediately, the following changes are made to the SAI:

*Election of Trustees* 

The first table in the section entitled "**TRUSTEES AND OFFICERS OF THE TRUST**" is deleted in its entirety and replaced with the following:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name and Age** | **Position(s)<br>Held With<br>Trust** | **Term of<br>Office and<br>Length of<br>Time Served<sup>1</sup>** | **Principal<br>Occupation(s)<br>During<br>Past 5 Years** | **Number of<br>Portfolios<br>in Fund<br>Complex<br>Overseen<br>By Trustee<sup>2,3</sup>** | **Other<br>Directorship(s)<br>Held By Trustee<sup>4</sup>** |
|  **Independent Trustees** |  |  |  |  |  |
|  Tracey C. Doi<br> Age: 61 | Trustee | 2021 – Present | Chief Financial Officer of Toyota Motor North America (2000-August 2022); Board Member, National Asian American Chamber of Commerce (2012-Present); Board Governor, Japanese American National Museum (2005-Present); Board Member, 2020 Women on Boards (nonprofit leadership organization) (2017-Present); Board Member, National Association of Corporate Directors, North Texas (nonprofit leadership organization) (2020-Present).<br>| 80 | Director, Quest Diagnostics (healthcare) (2021-Present); Director, City National Bank (banking) (2016-Present). |
|  Jane Jelenko<br> Age: 74 | Trustee | 2006 – Present | Retired Partner of KPMG LLP and Managing Director of BearingPoint, Inc. (formerly KPMG<br>| 80 | Director, Countrywide Bank (banking) (2003-2008); Director, Cathay General |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name and Age** | **Position(s)<br>Held With<br>Trust** | **Term of<br>Office and<br>Length of<br>Time Served<sup>1</sup>** | **Principal<br>Occupation(s)<br>During<br>Past**<br> **5 Years** | **Number of<br>Portfolios<br>in Fund<br>Complex<br>Overseen<br>By Trustee<sup>2,3</sup>** | **Other<br>Directorship(s)<br>Held By Trustee<sup>4</sup>** |
|  |  |  | Consulting) (2003-Present). |  | Bancorp and Cathay Bank (banking) (2012-2018). |
|  Gilbert T. Ray<sup>5</sup> Age: 78 | Trustee | 2001 – Present | Retired Partner, O'Melveny & Myers LLP (law firm) (2000-Present). | 80 | Director, Advance Auto Parts, Inc. (retail-auto & home supply stores) (2002-2018); Director, Watson, Wyatt Worldwide (services– management consulting services) (2000-2018); Director, DineEquity (services– restaurant) (2004-Present); Director, Diamond Rock Hospitality (financial– real estate) (2005-Present); Director, Towers Watson & Co. (services– management consulting services) (2010-2018).<br>|
|  Charles H. Self III<br> Age: 65 | Trustee | 2021 – Present | Chief Operating Officer, Chief Compliance Officer and Chief Investment Officer of iSectors (2014-Present); Chief Investment Officer of Sumnicht & Associates (2014-Present).<br>| 80 | None. |
|  Martha B. Willis<sup>6</sup> Age: 62 | Trustee | 2023 – Present | President and Founder, MBW Consulting (August 2022-Present); Executive Vice President, Chief Marketing Officer of TIAA (June 2020-March 2022); Executive Vice President, Chief Marking Officer, Nuveen (May 2016-June 2020); Board Member, Nuveen UCITS funds (investment funds) (2019-2021).<br>| 80 | None. |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name and Age** | **Position(s)<br>Held With<br>Trust** | **Term of<br>Office and<br>Length of<br>Time Served<sup>1</sup>** | **Principal<br>Occupation(s)<br>During<br>Past 5 Years** | **Number of<br>Portfolios<br>in Fund<br>Complex<br>Overseen<br>By Trustee<sup>2,3</sup>** | **Other<br>Directorship(s)<br>Held By Trustee<sup>4</sup>** |
|  Bruce G. Willison<br> Age: 74 | Trustee and Chairman | 2001 – Present | Professor of Management, Anderson School at UCLA (1999-2011); Dean, Anderson School at UCLA (1999-2005); co-founder, Grandpoint Capital, Inc. (2009-2010). | 80 | Director, Grandpoint Bank (banking) (2011-Present); Director, Indy Mac Bancorp (banking) (2003-2008); Director, Move, Inc. (internet real estate site) (2003-Present); Director, Health Net, Inc. (health insurance plan) (2000-2016).<br>|
|  **Interested Trustee**<br>|  |  |  |  |  |
|  John T. Genoy<sup>7</sup> Age: 54 | President and Trustee | 2021 – Present | President (since 2021) and Chief Operating Officer (since 2006), SunAmerica; Chief Financial Officer and Director, SunAmerica (2002-2021); Senior Vice President, SunAmerica (2004-2021). | 80 | None. |

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1 Trustees serve until their successors are duly elected and qualified.

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| | |
|:---|:---|
| 2 | The term "Fund Complex" means two or more registered investment companies that hold themselves out to investors as related companies for purposes of investment services or have a common investment adviser or an investment adviser that is an affiliated person of SunAmerica. The "Fund Complex" includes: the Trust (61 portfolios); SST (19 portfolios); and VALIC Company I (36 funds).  |

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3 Number includes the Trust (61 portfolios) and SST (19 portfolios).

4 Directorships of companies required for reporting to the SEC under the Securities Exchange Act of 1934 (*i.e.*, "public companies") or other investment companies regulated under the 1940 Act other than those listed under the preceding column.

5 On January 18, 2023, the Board approved a temporary exception to the Independent Trustee Retirement Policy to extend the term of Mr. Ray until the earlier of the adjournment of the meeting of the Board on June 8, 2023, or such time as his successor is duly elected and qualified.

6 Ms. Willis was elected as a new Independent Trustee to the Trust's Board as of the close of business on January 19, 2023.

7 Mr. Genoy is considered to be an Interested Trustee based on his positions with SunAmerica.

The subsection entitled "**TRUSTEES AND OFFICERS OF THE TRUST – Board and Committees**" is revised to delete references to Garrett F. Bouton and is supplemented to add the following information:

***Martha B. Willis.*** Ms. Willis has served as a Trustee since 2023. She has over 40 years of experience in the financial services industry, including serving as Executive Vice President and Chief Marketing Officer of TIAA and Nuveen from 2016 to 2022, where she led the enterprise marketing, branding and corporate communications teams across TIAA Retirement, TIAA Bank and Nuveen. She served as director and chair of Nuveen's UCITS funds from 2019 to 2021. She also previously served as Chief Marketing Officer of OppenheimerFunds from 2009 to 2016.

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The first table in the section entitled "**TRUSTEE OWNERSHIP OF PORTFOLIO SHARES**" is deleted in its entirety and replaced with the following:

The following table shows the dollar range of shares beneficially owned by each Trustee as of December 31, 2021.

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| | | |
|:---|:---|:---|
| **Name of Trustee** | **Dollar Range of Equity<br>Securities in the Trust<sup>1</sup>** | **Aggregate Dollar Range of**<br> **Equity Securities in All**<br> **Registered Investment**<br> **Companies Overseen by**<br> **Trustee in<br>Family of Investment<br>Companies<sup>2</sup>** |
|  *Independent Trustees* |  |  |
|  Tracey C. Doi | $0 | $0 |
|  Jane Jelenko | 0 | 0 |
|  Gilbert T. Ray<sup>3</sup> | 0 | 0 |
|  Charles H. Self III | 0 | 0 |
|  Martha B. Willis<sup>4</sup> | N/A | N/A |
|  Bruce G. Willison | 0 | 0 |
|  *Interested Trustee* |  |  |
|  John T. Genoy | 0 | 0 |

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| | |
|:---|:---|
| 1 | Includes the value of shares beneficially owned by each Trustee in each Portfolio of the Trust.  |

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2 Includes the Trust (61 portfolios) and SST (19 portfolios).

3 On January 18, 2023, the Board approved a temporary exception to the Independent Trustee Retirement Policy to extend the term of Mr. Ray until the earlier of the adjournment of the meeting of the Board on June 8, 2023, or such time as his successor is duly elected and qualified.

4 Ms. Willis was elected as a new Independent Trustee to the Trust's Board as of the close of business on January 19, 2023.

The subsection entitled "**TRUSTEE OWNERSHIP OF PORTFOLIO SHARES – Compensation of Trustees**" is deleted in its entirety and replaced with the following:

**Compensation of Trustees** 

The following table sets forth information summarizing the compensation of each Trustee, who is not an officer or employee of AGLIC or its affiliates, for his/her services as Trustee for the fiscal year ended January 31, 2022.

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| | |
|:---|:---|
| **Name of Trustee** | **Aggregate**<br> **Compensation from**<br> **the Portfolios in this**<br> **SAI** |
|  Garrett F. Bouton<sup>2</sup> | $172822 – $212500 |
|  Carl D. Covitz<sup>3</sup> | 156846 – 192917 |
|  Tracey C Doi | 170786 – 210000 |

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| | | |
|:---|:---|:---|
|  Jane Jelenko | 178725 | 219792 |
|  Gilbert T. Ray<sup>4</sup> | 178905 | 220000 |
|  Charles H. Self III | 170786 | 210000 |
|  Allan L. Sher<sup>3</sup> | 163104 | 200625 |
|  Martha B. Willis<sup>5</sup> | N/A | N/A |
|  Bruce G. Willison | 227651 | 280000 |

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1 As of January 31, 2022, the Fund Complex included the Trust (61 portfolios), VALIC Company I (37 funds), and SST (19 portfolios).

2 Mr. Bouton retired from the Board as of the close of business on January 19, 2023.

3 Each of Mr. Covitz and Mr. Sher retired from the Board as of the close of business on December 31, 2021.

4 On January 18, 2023, the Board approved a temporary exception to the Independent Trustee Retirement Policy to extend the term of Mr. Ray until the earlier of the adjournment of the meeting of the Board on June 8, 2023, or such time as his successor is duly elected and qualified.

5 Ms. Willis was elected as a new Independent Trustee to the Trust's Board as of the close of business on January 19, 2023.

*New Investment Advisory and Management Agreements* 

In the section entitled "**INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT**," the first two paragraphs are deleted in their entirety and replaced with the following:

The Trust, on behalf of each Portfolio, entered into an Investment Advisory and Management Agreement (the "Advisory Agreement") with SunAmerica to handle the management of the Trust and its day-to-day affairs. The Adviser, located at Harborside 5, 185 Hudson Street, Suite 3300, Jersey City, New Jersey 07311, is an indirect, wholly-owned subsidiary of Corebridge, which is a majority-owned subsidiary of AIG, a U.S.-based international insurance organization. AIG is a holding company which through its subsidiaries is engaged in a broad range of insurance and insurance-related activities and financial services in the United States and abroad.

AIG, the parent of Corebridge, has announced its intention to sell all of its interest in Corebridge over time (such divestment, the "Separation Plan"). On September 19, 2022, AIG sold a portion of its interest in Corebridge in an initial public offering of Corebridge common stock, following which AIG's interest in Corebridge is approximately 78%. While AIG and Corebridge believe that Corebridge's initial public offering did not result in a transfer of a controlling block of outstanding voting securities of SunAmerica or Corebridge ("a Change of Control Event"), it is anticipated that one or more of the transactions contemplated by the Separation Plan will ultimately be deemed a Change of Control Event resulting in the assignment and automatic termination of the current Advisory Agreement. To ensure that SunAmerica may continue to provide advisory services to the Portfolios without interruption, at a meeting held on October 13, 2022, the Board approved a new investment advisory and management agreement with SunAmerica, in connection with the Separation Plan. The Board also agreed to call and hold a joint meeting of shareholders on January 19, 2023, for shareholders of each Portfolio to (1) approve the new investment advisory and management agreement with SunAmerica that would be effective after the first Change of Control Event, and (2) approve any future investment advisory and management agreements approved by the Board and that have terms not materially different from the then-current agreement, in the event there are subsequent Change of Control Events arising from completion of the Separation Plan that terminate the investment advisory and management agreement after the first Change of Control Event. Approval of a future investment advisory and management agreement means that shareholders may not have another opportunity to vote on a new agreement with SunAmerica even upon a change of control, as long as no single person or group of persons acting together gains "control" (as defined in the 1940 Act) of SunAmerica. At the January 19,

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2023 meeting, shareholders of the Portfolios approved the new and future investment advisory and management agreements.

*"Manager-of-Managers" Arrangement* 

The section entitled "**SUBADVISORY AGREEMENTS**" is supplemented with the following:

SunAmerica may terminate any Subadvisory Agreement with a Subadviser without shareholder approval. Moreover, SunAmerica has received an exemptive order from the SEC that permits SunAmerica, subject to certain conditions, to enter into subadvisory agreements relating to the Portfolios with unaffiliated subadvisers approved by the Board without obtaining shareholder approval. The exemptive order also permits SunAmerica, subject to the approval of the Board but without shareholder approval, to employ unaffiliated subadvisers for new or existing portfolios, change the terms of subadvisory agreements with unaffiliated subadvisers or continue the employment of existing unaffiliated subadvisers after events that would otherwise cause an automatic termination of a subadvisory agreement. Shareholders will be notified of any changes that are made pursuant to the exemptive order within 60 days of hiring a new subadviser or making a material change to an existing subadvisory agreement. The order also permits the Portfolios to disclose fees paid to subadvisers on an aggregate, rather than individual, basis. In addition, pursuant to no-action relief, the SEC staff has extended multi-manager relief to any affiliated subadviser, provided certain conditions are met. The Portfolios' shareholders have approved the Portfolios' reliance on the no-action relief. SunAmerica will determine if and when a Portfolio should rely on the no-action relief.

*Fundamental Investment Restrictions Regarding Concentration* 

The fundamental investment restrictions regarding concentration in the section entitled "**INVESTMENT RESTRICTIONS**" are deleted in their entirety and replaced with the following:

The following fundamental investment restriction is applicable to all Portfolios except the SA Emerging Markets Equity Index Portfolio, the SA Fidelity Institutional AM<sup>®</sup> Real Estate Portfolio, the SA Fixed Income Index Portfolio, the SA Fixed Income Intermediate Index Portfolio, the SA International Index Portfolio, the SA Mid Cap Index Portfolio, the SA Large Cap Growth Index Portfolio, the SA Large Cap Index Portfolio, the SA Large Cap Value Index Portfolio, the SA Mid Cap Index Portfolio, and the SA Small Cap Index Portfolio:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. Each Portfolio may not, except as permitted by exemptive or other relief or permission from the SEC, SEC
staff or other authority with appropriate jurisdiction, make any investment if, as a result, the Portfolio's investments will be concentrated in any one industry.

The following fundamental investment restriction is applicable to the SA Emerging Markets Equity Index Portfolio, the SA Fixed Income Index Portfolio, the SA Fixed Income Intermediate Index Portfolio, the SA International Index Portfolio, the SA Large Cap Growth Index Portfolio, the SA Large Cap Index Portfolio, the SA Large Cap Value Index Portfolio, the SA Mid Cap Index Portfolio and the SA Small Cap Index Portfolio:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8. Each Portfolio may not, except as permitted by exemptive or other relief or permission from the SEC, SEC
staff or other authority with appropriate jurisdiction, make any investment if, as a result, the Portfolio's investments will be concentrated in any one industry, except to approximately the same extent that its benchmark index is concentrated
in one or more particular industries.

The following fundamental investment restriction is applicable to the SA Fidelity Institutional AM<sup>®</sup> Real Estate Portfolio:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9. The Portfolio may not, except as permitted by exemptive or other relief or permission from the SEC, SEC
staff or other authority with appropriate jurisdiction, make any investment if, as a result, the Portfolio's investments will be concentrated in any one industry, except that the Portfolio will concentrate its investments in the real estate
industry.

The last paragraph in the subsection entitled "**INVESTMENT RESTRICTIONS – The following descriptions of the 1940 Act may assist investors in understanding the above restrictions**" is deleted in its entirety and replaced with the following:

With respect to fundamental investment restriction numbers 7 through 9, the 1940 Act does not define what constitutes "concentration" in an industry. The SEC staff has taken the position that investment of 25% or more of a fund's total assets in one or more issuers conducting their principal activities in the same industry or group of industries constitutes concentration. It is possible that interpretations of concentration could change in the future. A fund that invests a significant percentage of its total assets in a single industry may be particularly susceptible to adverse events affecting that industry and may be more risky than a fund that does not concentrate in an industry. The fundamental investment restriction will be interpreted to refer to concentration as it may be determined from time to time. The fundamental investment restriction also will be interpreted to permit investment without limit in the following: securities of the U.S. government and its agencies or instrumentalities; securities of state, territory, possession or municipal governments and their authorities, agencies, instrumentalities or political subdivisions (other than private activity municipal debt securities whose principal and interest payments are derived principally from the revenues and the assets of a non-governmental user); and repurchase agreements collateralized by any of such obligations. Accordingly, issuers of the foregoing securities will not be considered to be members of any industry. Finally, the restriction will be interpreted to give broad authority to the Portfolios as to how to classify issuers within or among industries. The SA VCP Dynamic Allocation Portfolio and the SA VCP Dynamic Strategy Portfolio do not consider investment companies to be an industry for purposes of this restriction and the investment by a Portfolio in an Underlying Portfolio that concentrates its investments in a particular industry or group of industries will not be considered an investment by the Portfolio in that particular industry or group of industries.

*Elimination of Non-Fundamental Investment Restrictions* 

The subsection entitled "**INVESTMENT RESTRICTIONS – Non-Fundamental Investment Restrictions**" is deleted in its entirety.

*Other Changes* 

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The second paragraph in the section entitled "**THE TRUST**" is deleted in its entirety and replaced with the following:

Shares of the Trust are held by separate accounts of American General Life Insurance Company, a Texas life insurer ("AGL"), The United States Life Insurance Company in the City of New York, a New York life insurer ("USL"), and The Variable Annuity Life Insurance Company, a Texas life insurer ("VALIC") (the "Separate Accounts"). AGL, USL and VALIC (the "Life Companies") are indirect, wholly-owned subsidiaries of Corebridge Financial, Inc. ("Corebridge"), which is a majority-owned subsidiary of American International Group, Inc. ("AIG"), a U.S.-based international insurance organization.

The subsection entitled "**SUPPLEMENTAL GLOSSARY – Other Investment Companies**" is deleted in its entirety and replaced with the following:

***Other Investment Companies.*** The Portfolios may invest in securities of other investment companies, including ETFs, up to the maximum extent permissible under the 1940 Act. Investments in other investment companies are subject to statutory limitations prescribed by the 1940 Act. Except for investments in money market funds permitted by Rule 12d1-1, Section 12(d) of the 1940 Act prohibits a Portfolio from acquiring more than 3% of the voting shares of any other investment company, and prohibits more than 5% of a Portfolio's total assets being invested in securities of any one investment company or more than 10% of its total assets being invested in securities of all investment companies, unless the Portfolio is able to rely on and meet the requirements of one or more rules under the 1940 Act that permit investments in other investment companies in excess of these limits. In addition, to the extent a Portfolio has knowledge that its shares are purchased by another investment company in reliance on the provisions of paragraph (G) of Section 12(d)(1) of the 1940 Act, the Portfolio will not acquire shares of other affiliated or unaffiliated registered open-end investment companies or registered unit investment trusts in reliance on paragraph (F) or (G) of Section 12(d)(1) of the 1940 Act. A Portfolio will indirectly bear its proportionate share of any management fees and other expenses paid by such other investment companies. See also "Exchange Traded Funds." Under normal conditions, each of the SA VCP Dynamic Allocation Portfolio and SA VCP Dynamic Strategy Portfolio invests approximately 70% to 90% of its assets in the securities of other investment companies. Investments in other investment companies are subject to market and selection risk.

Capitalized terms used herein but not defined shall have the meanings assigned to them in the SAI.

**PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.**