# EDGAR Filing Document

**Accession Number:** 0000719423
**File Stem:** 0001752724-25-180246
**Filing Date:** 2025-7
**Character Count:** 57062
**Document Hash:** f27d2d44947e0c9713c5f71a29a069c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180246.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180246

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALIC Co I
- **CENTRAL INDEX KEY:** 0000719423

**ORGANIZATION NAME:**
- **EIN:** 720029692
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03738
- **FILM NUMBER:** 251154076

**BUSINESS ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302
- **BUSINESS PHONE:** 551-235-3560

**MAIL ADDRESS:**
- **STREET 1:** 30 HUDSON STREET
- **STREET 2:** 16TH FLOOR
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07302

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AIG Retirement CO I
- **DATE OF NAME CHANGE:** 20080501

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VALIC CO I
- **DATE OF NAME CHANGE:** 20020110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTH AMERICAN FUNDS VARIABLE PRODUCT SERIES CO I
- **DATE OF NAME CHANGE:** 20000929

## Series and Classes Contracts Data

### Systematic Value Fund (Series ID: S000008346)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000022843 | Systematic Value Fund | VBCVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** VALIC Co I

- **b. Investment Company Act file number:** 811-03738

- **c. CIK number of Registrant:** 0000719423

- **d. LEI of Registrant:** 549300N3XZ1M1QABFI47

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2919 ALLEN PARKWAY

  - **City:** HOUSTON

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 77019

  - **Telephone number:** 800-448-2542

**Item A.2. Information about the Series.**

- **a. Name of Series:** Systematic Value Fund

- **b. EDGAR series identifier (if any):** S000008346

- **c. LEI of Series:** 549300ARM031E6VS3K91

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $459445481.47

**Total Liabilities:** $1272031.59

**Net Assets:** $458173449.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000022843 | -2.46%               | -2.01%               | 4.45%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $162542.64               | $-12295849.88                              |
| Month 2  | $2343223.26              | $-12159552.14                              |
| Month 3  | $-162915.10              | $19088926.57                               |

### Schedule of Portfolio Investments

| Name                                     | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Honeywell International Inc              | Honeywell International Inc                                                 | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |     11448 | NS      | $2594918.16   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                        | Cisco Systems Inc                                                           | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     49022 | NS      | $3090346.88   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc           | Omega Healthcare Investors Inc                                              | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |     13749 | NS      | $508713.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc                            | Blackrock Inc                                                               | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      1540 | NS      | $1509030.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                            | Accenture PLC                                                               | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      8528 | NS      | $2701840.96   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial Inc          | Fidelity National Financial Inc                                             | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     26026 | NS      | $1425444.02   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co                        | General Motors Co                                                           | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |     67163 | NS      | $3331956.43   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                         | Genuine Parts Co                                                            | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     13945 | NS      | $1764321.40   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp/The                     | Progressive Corp/The                                                        | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     16922 | NS      | $4821585.46   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                        | Johnson & Johnson                                                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     70855 | NS      | $10997404.55  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                       | Realty Income Corp                                                          | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               |  | US        |     89081 | NS      | $5043766.22   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp                          | McDonald's Corp                                                             | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     12250 | NS      | $3844662.50   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial Inc                      | Virtu Financial Inc                                                         | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     87212 | NS      | $3505050.28   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc                   | UnitedHealth Group Inc                                                      | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     13119 | NS      | $3960757.29   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc          | Philip Morris International Inc                                             | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     40290 | NS      | $7275971.10   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp     | International Business Machines Corp                                        | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     22210 | NS      | $5753722.60   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                            | Amphenol Corp                                                               | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     72750 | NS      | $6542407.50   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co                         | Wells Fargo & Co                                                            | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     14781 | NS      | $1105323.18   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corp                      | Northern Trust Corp                                                         | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     15395 | NS      | $1643262.30   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services Inc            | Universal Health Services Inc                                               | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |      8839 | NS      | $1682503.65   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc                     | Tradeweb Markets Inc                                                        | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6918 | NS      | $999305.10    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp      | Cognizant Technology Solutions Corp                                         | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     45397 | NS      | $3676703.03   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Union Co/The                     | Western Union Co/The                                                        | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |    105264 | NS      | $976849.92    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAIL Inc                                | GRAIL Inc                                                                   | CUSIP: 384747101<br>LEI: 2549009XSNESW3VE8024 | Long             | EC               | CORP              | US        |     21610 | NS      | $830040.10    | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| State Street Global Advisors             | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |    874314 | NS      | $874314.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology Inc                    | Micron Technology Inc                                                       | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     33567 | NS      | $3170738.82   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-on Inc                              | Snap-on Inc                                                                 | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     13584 | NS      | $4357068.00   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                            | Citigroup Inc                                                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |      7331 | NS      | $552170.92    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                        | Omnicom Group Inc                                                           | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     31199 | NS      | $2291254.56   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corp                    | General Dynamics Corp                                                       | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     20113 | NS      | $5601269.37   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                            | Mosaic Co/The                                                               | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     27210 | NS      | $983369.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                             | Comcast Corp                                                                | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    190452 | NS      | $6583925.64   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries Inc                       | PPG Industries Inc                                                          | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |     39616 | NS      | $4389452.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                               | Amdocs Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     23838 | NS      | $2187374.88   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                 | Fox Corp                                                                    | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     74686 | NS      | $4103248.84   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                           | TD SYNNEX Corp                                                              | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     13553 | NS      | $1644521.02   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                            | Medtronic PLC                                                               | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     40462 | NS      | $3357536.76   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo Inc                              | PepsiCo Inc                                                                 | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     32142 | NS      | $4225065.90   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                            | CME Group Inc                                                               | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     22559 | NS      | $6519551.00   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial Inc                | Brighthouse Financial Inc                                                   | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |     33334 | NS      | $1993706.54   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp                     | MGIC Investment Corp                                                        | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |    154963 | NS      | $4098771.35   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Dell Technologies Inc                    | Dell Technologies Inc                                                       | CUSIP: 24703L202<br>LEI: 549300TJB5YBRUPOG437 | Long             | EC               | CORP              | US        |     25715 | NS      | $2861308.05   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co            | Hewlett Packard Enterprise Co                                               | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |     28224 | NS      | $487710.72    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc        | Allison Transmission Holdings Inc                                           | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     24099 | NS      | $2494728.48   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                           | NRG Energy Inc                                                              | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     20022 | NS      | $3121429.80   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp                   | Boston Scientific Corp                                                      | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     32934 | NS      | $3466632.84   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc                               | ResMed Inc                                                                  | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |     19024 | NS      | $4656884.96   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc                      | Elevance Health Inc                                                         | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |      2377 | NS      | $912387.68    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                      | Leidos Holdings Inc                                                         | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     27533 | NS      | $4089201.16   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co/The                  | Procter & Gamble Co/The                                                     | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     34841 | NS      | $5919137.49   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                        | State Street Corp                                                           | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     40476 | NS      | $3897029.28   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp                 | United Therapeutics Corp                                                    | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     10963 | NS      | $3495552.55   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos Inc                       | Albertsons Cos Inc                                                          | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |    139154 | NS      | $3093393.42   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc                              | Cummins Inc                                                                 | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |      2440 | NS      | $784411.20    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                         | Paramount Global                                                            | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |    177204 | NS      | $2144168.40   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp of America                | Packaging Corp of America                                                   | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     21328 | NS      | $4119929.76   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                | Aptiv PLC                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     23460 | NS      | $1567362.60   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                              | Moderna Inc                                                                 | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |     18560 | NS      | $492953.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp                | Constellation Energy Corp                                                   | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |     10995 | NS      | $3366119.25   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp                             | Stryker Corp                                                                | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |     16709 | NS      | $6393531.76   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC                   | Trane Technologies PLC                                                      | CUSIP: 000000000<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      9626 | NS      | $4141779.02   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Goldcorp Corp.                   | Newmont Goldcorp Corp.                                                      | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     70915 | NS      | $3738638.80   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                             | Chevron Corp                                                                | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4764 | NS      | $651238.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                              | Hubbell Inc                                                                 | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      1828 | NS      | $712152.24    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc               | Brixmor Property Group Inc                                                  | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |    102286 | NS      | $2599087.26   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                          | EMCOR Group Inc                                                             | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     11480 | NS      | $5416952.80   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Illumina Inc                             | Illumina Inc                                                                | CUSIP: 452327109<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | EC               | CORP              | US        |     18174 | NS      | $1494629.76   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co/The                       | Walt Disney Co/The                                                          | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     54138 | NS      | $6119759.52   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                               | Garmin Ltd                                                                  | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      5797 | NS      | $1176617.09   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp                     | Pilgrim's Pride Corp                                                        | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     58466 | NS      | $2874188.56   | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| Walmart Inc                              | Walmart Inc                                                                 | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    108554 | NS      | $10716450.88  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                         | Exxon Mobil Corp                                                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     87593 | NS      | $8960763.90   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                     | Amentum Holdings Inc                                                        | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |     52869 | NS      | $1092273.54   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                             | Crane NXT Co                                                                | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     20686 | NS      | $1108976.46   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Marvell Technology Inc                   | Marvell Technology Inc                                                      | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8585 | NS      | $516731.15    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corp                              | Incyte Corp                                                                 | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |     52996 | NS      | $3447919.76   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc                   | Berkshire Hathaway Inc                                                      | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     41191 | NS      | $20758616.36  | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc                       | Globus Medical Inc                                                          | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |      9904 | NS      | $586118.72    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                | Janus Henderson Group PLC                                                   | CUSIP: 000000000<br>LEI: 2138009WPYMWJN3RVF44 | Long             | EC               | CORP              | JE        |    108882 | NS      | $3955683.06   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group Inc                      | TransDigm Group Inc                                                         | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1883 | NS      | $2765053.69   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                        | Kimco Realty Corp                                                           | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               |  | US        |    135812 | NS      | $2887363.12   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                           | MSA Safety Inc                                                              | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |      4113 | NS      | $670295.61    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                                | Amgen Inc                                                                   | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     15673 | NS      | $4516645.14   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                     | Bank of America Corp                                                        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     91118 | NS      | $4021037.34   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp                        | Hormel Foods Corp                                                           | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |     17628 | NS      | $540827.04    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| The Campbell's Company                   | The Campbell's Company                                                      | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     33187 | NS      | $1129685.48   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup Inc                           | AptarGroup Inc                                                              | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     15037 | NS      | $2381860.80   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc                           | BorgWarner Inc                                                              | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     37310 | NS      | $1234587.90   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                    | East West Bancorp Inc                                                       | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16470 | NS      | $1502064.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                      | Synchrony Financial                                                         | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     89006 | NS      | $5131195.90   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity Inc                               | Acuity Inc                                                                  | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12506 | NS      | $3250184.34   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's Inc                               | Macy's Inc                                                                  | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |     53464 | NS      | $635686.96    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                      | Curtiss-Wright Corp                                                         | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     12651 | NS      | $5567831.61   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                                 | APA Corp                                                                    | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     49135 | NS      | $835786.35    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Aflac Inc                                | Aflac Inc                                                                   | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |      9969 | NS      | $1032190.26   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                   | F5 Inc                                                                      | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      5715 | NS      | $1630946.70   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC                 | Jazz Pharmaceuticals PLC                                                    | CUSIP: 000000000<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |     39517 | NS      | $4270602.19   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp                                 | RTX Corp                                                                    | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |     26903 | NS      | $3671721.44   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                           | Globe Life Inc                                                              | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     36140 | NS      | $4404381.80   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown Inc                        | Brown & Brown Inc                                                           | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     37766 | NS      | $4263781.40   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Aon PLC                                  | Aon PLC                                                                     | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |      5406 | NS      | $2011464.48   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods Inc                        | Flowers Foods Inc                                                           | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |     42878 | NS      | $724638.20    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Health Inc                      | Cardinal Health Inc                                                         | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      8891 | NS      | $1373126.04   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                   | Roper Technologies Inc                                                      | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |      8862 | NS      | $5053732.74   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV             | LyondellBasell Industries NV                                                | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     11374 | NS      | $642517.26    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                         | Altria Group Inc                                                            | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     30626 | NS      | $1856241.86   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                          | Concentrix Corp                                                             | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     24231 | NS      | $1356087.92   | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Emerson Electric Co                      | Emerson Electric Co                                                         | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     24414 | NS      | $2914543.32   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp  | Science Applications International Corp                                     | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     11208 | NS      | $1294972.32   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of New York Mellon Corp/The         | Bank of New York Mellon Corp/The                                            | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     68433 | NS      | $6063848.13   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp                              | Gentex Corp                                                                 | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     19932 | NS      | $429933.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis Inc                             | Exelixis Inc                                                                | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |     81039 | NS      | $3487918.56   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| McKesson Corp                            | McKesson Corp                                                               | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      1963 | NS      | $1412398.13   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc                   | CACI International Inc                                                      | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1949 | NS      | $834172.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                        | Agree Realty Corp                                                           | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               |  | US        |     55710 | NS      | $4194963.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                             | Tapestry Inc                                                                | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     43652 | NS      | $3428864.60   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                     | Matador Resources Co                                                        | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     46935 | NS      | $2018674.35   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International Inc                    | RPM International Inc                                                       | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |     21280 | NS      | $2422515.20   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co Inc                   | Church & Dwight Co Inc                                                      | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |      6414 | NS      | $630560.34    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv Inc                              | Ovintiv Inc                                                                 | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     99780 | NS      | $3574119.60   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                  | IAC Inc                                                                     | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |     40451 | NS      | $1454617.96   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace Inc                     | Howmet Aerospace Inc                                                        | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |      6402 | NS      | $1087635.78   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc    | Mid-America Apartment Communities Inc                                       | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               |  | US        |     29399 | NS      | $4605353.35   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                      | STAG Industrial Inc                                                         | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               |  | US        |    132450 | NS      | $4712571.00   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp                      | Kimberly-Clark Corp                                                         | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     18888 | NS      | $2715338.88   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp               | FIXED INC CLEARING CORP.REPO                                                | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   4692273 | PA      | $4692273.32   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| T Rowe Price Group Inc                   | T Rowe Price Group Inc                                                      | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     40262 | NS      | $3768120.58   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp                       | Expand Energy Corp                                                          | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |     18776 | NS      | $2180456.88   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Co                     | Colgate-Palmolive Co                                                        | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |      8072 | NS      | $750211.68    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc                           | S&P Global Inc                                                              | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     14704 | NS      | $7541093.44   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co                  | Arthur J Gallagher & Co                                                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |      1593 | NS      | $553471.92    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                      | JPMorgan Chase & Co                                                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     67416 | NS      | $17797824.00  | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                           | SharkNinja Inc                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      5702 | NS      | $524184.86    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                   | HP Inc                                                                      | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     84405 | NS      | $2101684.50   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Westinghouse Air Brake Technologies Corp | Westinghouse Air Brake Technologies Corp                                    | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |      8760 | NS      | $1772323.20   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp                            | TopBuild Corp                                                               | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |      2942 | NS      | $832262.38    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Coinbase Global Inc                      | Coinbase Global Inc                                                         | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      2439 | NS      | $601506.18    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                                | ONEOK Inc                                                                   | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |      8698 | NS      | $703146.32    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                              | Hologic Inc                                                                 | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |      7468 | NS      | $464285.56    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co                      | American Express Co                                                         | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |      9444 | NS      | $2777008.20   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                | CH Robinson Worldwide Inc                                                   | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     16978 | NS      | $1629378.66   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co                     | National Fuel Gas Co                                                        | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     54960 | NS      | $4536398.40   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics Inc                    | Arrow Electronics Inc                                                       | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |      4179 | NS      | $494710.02    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands Inc                      | BellRing Brands Inc                                                         | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     30700 | NS      | $1932565.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp PLC                           | Eaton Corp PLC                                                              | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     20177 | NS      | $6460675.40   | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                      | Gilead Sciences Inc                                                         | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     55829 | NS      | $6145656.32   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-13

**Name of Applicant:** VALIC Co I

**Signature:** Donna McManus

**Name of Signer:** Donna McManus

**Title:** Assistant Treasurer