# EDGAR Filing Document

**Accession Number:** 0000719423
**File Stem:** 0001752724-25-180244
**Filing Date:** 2025-7
**Character Count:** 55340
**Document Hash:** 90e7484f743780da2db9fe7a560546a6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180244.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180244

**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:** 251154073

**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

### International Value Fund (Series ID: S000008347)

| Class ID   | Class Name               | Ticker Symbol   |
|:---|:---|:---|
| C000022844 | International Value Fund | VCFVX           |

## 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:** International Value Fund

- **b. EDGAR series identifier (if any):** S000008347

- **c. LEI of Series:** 549300X6NOKU3L8IJE25

**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:** $399519338.13

**Total Liabilities:** $920050.28

**Net Assets:** $398599287.85

**Cash Not Reported:** $72419.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000022844 | 3.01%                | 2.71%                | 4.28%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6250978.67              | $4716306.52                                |
| Month 2  | $3921359.98              | $3590774.31                                |
| Month 3  | $5516329.63              | $8443802.10                                |

**Designated Index Information**

- **Index Name:** MSCI EAFE Value idx

- **Index Identifier:** NDDUEAFE

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Paladin Energy Ltd                           | Paladin Energy Ltd                                                          | CUSIP: 000000000<br>LEI: 549300M44UTJAP8J6B37 | Long             | EC               | CORP              | AU        |    265615 | NS      | $1068384.05   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco do Brasil SA                           | Banco do Brasil SA                                                          | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | EC               | CORP              | BR        |    627218 | NS      | $2568309.39   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BW LPG Ltd                                   | BW LPG Ltd                                                                  | CUSIP: 000000000<br>LEI: 5493006WBEME88YFDW23 | Long             | EC               | CORP              | SG        |     26771 | NS      | $273810.41    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Just Group PLC                               | Just Group PLC                                                              | CUSIP: 000000000<br>LEI: 5493006456YEZEELRR90 | Long             | EC               | CORP              | GB        |   1309512 | NS      | $2635969.01   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE          | LVMH Moet Hennessy Louis Vuitton SE                                         | CUSIP: 000000000<br>LEI: IOG4E947OATN0KJYSD45 | Long             | EC               | CORP              | FR        |      8060 | NS      | $4376813.88   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC Hong Kong Holdings Ltd                   | BOC Hong Kong Holdings Ltd                                                  | CUSIP: 000000000<br>LEI: 254900JB98W77JDJMW15 | Long             | EC               | CORP              | HK        |    635500 | NS      | $2682665.70   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Brands PLC                          | Imperial Brands PLC                                                         | CUSIP: 000000000<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |    123424 | NS      | $4672896.45   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BT Group PLC                                 | BT Group PLC                                                                | CUSIP: 000000000<br>LEI: 213800LRO7NS5CYQMN21 | Long             | EC               | CORP              | GB        |   1214519 | NS      | $2936486.42   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Comercial Portugues SA                 | Banco Comercial Portugues SA                                                | CUSIP: 000000000<br>LEI: JU1U6S0DG9YLT7N8ZV32 | Long             | EC               | CORP              | PT        |   5424214 | NS      | $4225022.14   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ITOCHU Corp                                  | ITOCHU Corp                                                                 | CUSIP: 000000000<br>LEI: J48DJYXDTLHM30UMYI18 | Long             | EC               | CORP              | JP        |    137200 | NS      | $7379881.16   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital Services LLC          | PURCHASED USD / SOLD CAD                                                    | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | US        |         1 | NC      | $-85400.21    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Sankyo Co Ltd                                | Sankyo Co Ltd                                                               | CUSIP: 000000000<br>LEI: 3538009H2R9ZBZAOAK48 | Long             | EC               | CORP              | JP        |    221500 | NS      | $3874460.54   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Marubeni Corp                                | Marubeni Corp                                                               | CUSIP: 000000000<br>LEI: 4P4N3ORD02UGQT1T1W12 | Long             | EC               | CORP              | JP        |    118900 | NS      | $2433444.53   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| TOPPAN Holdings Inc                          | TOPPAN Holdings Inc                                                         | CUSIP: 000000000<br>LEI: 3538003H9W4KIDODQY20 | Long             | EC               | CORP              | JP        |     99400 | NS      | $2659508.67   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI EAFE Value ETF                  | iShares MSCI EAFE Value ETF                                                 | CUSIP: 464288877<br>LEI: 549300AN74D4XJZB8Y40 | Long             | EC               | RF                | US        |     36150 | NS      | $2300586.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Bezeq The Israeli Telecommunication Corp Ltd | Bezeq The Israeli Telecommunication Corp Ltd                                | CUSIP: 000000000<br>LEI: 213800XCGZCFSWY9U863 | Long             | EC               | CORP              | IL        |    232932 | NS      | $363709.51    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Capital Services LLC          | PURCHASED CHF / SOLD USD                                                    | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | CH        |         1 | NC      | $-66435.26    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Partners Group Holding AG                    | Partners Group Holding AG                                                   | CUSIP: 000000000<br>LEI: 549300I3IVVWZWDHI788 | Long             | EC               | CORP              | CH        |      2237 | NS      | $2995351.15   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Ship Healthcare Holdings Inc                 | Ship Healthcare Holdings Inc                                                | CUSIP: 000000000<br>LEI: 353800BIFUE1L527TH13 | Long             | EC               | CORP              | JP        |     63500 | NS      | $822572.01    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vermilion Energy Inc                         | Vermilion Energy Inc                                                        | CUSIP: 923725105<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | EC               | CORP              | CA        |    166006 | NS      | $1080699.06   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Piraeus Financial Holdings SA                | Piraeus Financial Holdings SA                                               | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |    622054 | NS      | $4147459.87   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwabo Holdings Co Ltd                      | Daiwabo Holdings Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    126900 | NS      | $2150055.25   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Check Point Software Technologies Ltd        | Check Point Software Technologies Ltd                                       | CUSIP: 000000000<br>LEI: 2549003ZVBH73EPNS513 | Long             | EC               | CORP              | IL        |     18213 | NS      | $4168591.44   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Exchange Ltd                       | Singapore Exchange Ltd                                                      | CUSIP: 000000000<br>LEI: 549300IQ650PPXM76X03 | Long             | EC               | CORP              | SG        |    314700 | NS      | $3420890.87   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyo Tatemono Co Ltd                        | Tokyo Tatemono Co Ltd                                                       | CUSIP: 000000000<br>LEI: 529900RQA4JTW1869J86 | Long             | EC               | CORP              | JP        |    191600 | NS      | $3420691.48   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanwa Holdings Corp                          | Sanwa Holdings Corp                                                         | CUSIP: 000000000<br>LEI: 5299003X6BCA4ROO5A70 | Long             | EC               | CORP              | JP        |     43500 | NS      | $1507588.87   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ASR Nederland NV                             | ASR Nederland NV                                                            | CUSIP: 000000000<br>LEI: 7245000G0HS48PZWUD53 | Long             | EC               | CORP              | NL        |     65915 | NS      | $4227143.62   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                               | BNP Paribas SA                                                              | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |     44525 | NS      | $3899883.39   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                       | PURCHASED AUD / SOLD USD                                                    | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | AU        |         1 | NC      | $1472.83      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                                    | Shell PLC                                                                   | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    405246 | NS      | $13374464.46  | 3.36%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                 | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |    136718 | NS      | $136717.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                                 | Iberdrola SA                                                                | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    333126 | NS      | $6082227.12   | 1.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Northern Star Resources Ltd                  | Northern Star Resources Ltd                                                 | CUSIP: 000000000<br>LEI: 254900XFXCRYYZAX6M78 | Long             | EC               | CORP              | AU        |    274522 | NS      | $3712554.59   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd                       | DBS Group Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: 5493007FKT78NKPM5V55 | Long             | EC               | CORP              | SG        |    124700 | NS      | $4323771.27   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| KION Group AG                                | KION Group AG                                                               | CUSIP: 000000000<br>LEI: 5299005KY91C4C6U9H17 | Long             | EC               | CORP              | DE        |     26345 | NS      | $1223459.42   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Fuels Inc/Canada                      | Energy Fuels Inc/Canada                                                     | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |    187659 | NS      | $917652.51    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Buzzi SpA                                    | Buzzi SpA                                                                   | CUSIP: 000000000<br>LEI: 5299003DX5YLKSVJ6K59 | Long             | EC               | CORP              | IT        |     20478 | NS      | $1051444.02   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Societe Generale SA                          | Societe Generale SA                                                         | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | EC               | CORP              | FR        |     96262 | NS      | $5230038.45   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                       | PURCHASED NOK / SOLD USD                                                    | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | NO        |         1 | NC      | $65289.38     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd                           | Tokyo Electron Ltd                                                          | CUSIP: 000000000<br>LEI: 549300H5LSF8DP3RIJ34 | Long             | EC               | CORP              | JP        |     21900 | NS      | $3500469.09   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Television Holdings Inc               | Nippon Television Holdings Inc                                              | CUSIP: 000000000<br>LEI: 353800QI43C3H97E4W63 | Long             | EC               | CORP              | JP        |     79500 | NS      | $1810497.24   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank & Trust Co.                | PURCHASED USD / SOLD SGD                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-35644.92    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                             | Roche Holding AG                                                            | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |      5118 | NS      | $1651068.04   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                            | PURCHASED GBP / SOLD USD                                                    | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | GB        |         1 | NC      | $53494.23     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| WPP PLC                                      | WPP PLC                                                                     | CUSIP: 000000000<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | JE        |    186469 | NS      | $1505925.90   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                             | TotalEnergies SE                                                            | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    180669 | NS      | $10597565.30  | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                             | Novo Nordisk A/S                                                            | CUSIP: 000000000<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |     24429 | NS      | $1707462.46   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Burford Capital Ltd                          | Burford Capital Ltd                                                         | CUSIP: 000000000<br>LEI: 549300FUKUWFYJMT2277 | Long             | EC               | CORP              | GG        |    141474 | NS      | $1819355.64   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NatWest Group PLC                            | NatWest Group PLC                                                           | CUSIP: 000000000<br>LEI: 2138005O9XJIJN4JPN90 | Long             | EC               | CORP              | GB        |    634270 | NS      | $4483143.88   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel SpA                                     | Enel SpA                                                                    | CUSIP: 000000000<br>LEI: WOCMU6HCI0OJWNPRZS33 | Long             | EC               | CORP              | IT        |    567743 | NS      | $5211945.57   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dai-ichi Life Holdings Inc                   | Dai-ichi Life Holdings Inc                                                  | CUSIP: 000000000<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |    327700 | NS      | $2569995.14   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                       | AXA SA                                                                      | CUSIP: 000000000<br>LEI: F5WCUMTUM4RKZ1MAIE39 | Long             | EC               | CORP              | FR        |    110536 | NS      | $5209841.81   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Bank USA NA                             | PURCHASED AUD / SOLD USD                                                    | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | AU        |         1 | NC      | $91734.14     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AstraZeneca PLC                              | AstraZeneca PLC                                                             | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     15350 | NS      | $1117940.50   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Youngone Corp                                | Youngone Corp                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     23890 | NS      | $1051042.26   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Shimamura Co Ltd                             | Shimamura Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     46500 | NS      | $3233138.75   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                 | State Street Institutional U.S. Government Money Market Fund                | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   1771181 | NS      | $1771180.73   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Subaru Corp                                  | Subaru Corp                                                                 | CUSIP: 000000000<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |    142200 | NS      | $2647442.93   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Macnica Holdings Inc                         | Macnica Holdings Inc                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    129700 | NS      | $1731045.90   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| BW LPG Ltd                                   | BW LPG Ltd                                                                  | CUSIP: 000000000<br>LEI: 5493006WBEME88YFDW23 | Long             | EC               | CORP              | SG        |     73005 | NS      | $763632.30    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                       | PURCHASED EUR / SOLD USD                                                    | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |         1 | NC      | $3779.35      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                    | Nestle SA                                                                   | CUSIP: 000000000<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     53511 | NS      | $5702204.99   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                            | PURCHASED DKK / SOLD USD                                                    | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | DK        |         1 | NC      | $-1041.40     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Marks & Spencer Group PLC                    | Marks & Spencer Group PLC                                                   | CUSIP: 000000000<br>LEI: 213800EJP14A79ZG1X44 | Long             | EC               | CORP              | GB        |    492683 | NS      | $2485327.57   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Murata Manufacturing Co Ltd                  | Murata Manufacturing Co Ltd                                                 | CUSIP: 000000000<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    223500 | NS      | $3311456.27   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Engie SA                                     | Engie SA                                                                    | CUSIP: 000000000<br>LEI: LAXUQCHT4FH58LRZDY46 | Long             | EC               | CORP              | FR        |    225578 | NS      | $4862676.77   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Duerr AG                                     | Duerr AG                                                                    | CUSIP: 000000000<br>LEI: 5299003APZ54EDTSRO20 | Long             | EC               | CORP              | DE        |     41289 | NS      | $1073588.64   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresenius Medical Care AG                    | Fresenius Medical Care AG                                                   | CUSIP: 000000000<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |     46269 | NS      | $2627857.79   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC                              | AstraZeneca PLC                                                             | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     44451 | NS      | $6420318.03   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN NV                           | Koninklijke KPN NV                                                          | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |    969542 | NS      | $4555385.89   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIX Corp                                    | ORIX Corp                                                                   | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |    435700 | NS      | $9283548.42   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Ireland Group PLC                    | Bank of Ireland Group PLC                                                   | CUSIP: 000000000<br>LEI: 635400C8EK6DRI12LJ39 | Long             | EC               | CORP              | IE        |    308318 | NS      | $4228962.88   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Sports Fashion PLC                        | JD Sports Fashion PLC                                                       | CUSIP: 000000000<br>LEI: 213800HROV6Y9MUU8375 | Long             | EC               | CORP              | GB        |   1059034 | NS      | $1200298.84   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyota Motor Corp                            | Toyota Motor Corp                                                           | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |    268400 | NS      | $5164874.39   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                  | Cameco Corp                                                                 | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     51322 | NS      | $3003876.66   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Telekom AG                          | Deutsche Telekom AG                                                         | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    154003 | NS      | $5819431.46   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep NV                                 | ING Groep NV                                                                | CUSIP: 000000000<br>LEI: 549300NYKK9MWM7GGW15 | Long             | EC               | CORP              | NL        |    337410 | NS      | $7156536.33   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                                | Rio Tinto PLC                                                               | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    106204 | NS      | $6298993.10   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank & Trust Co.                | PURCHASED USD / SOLD SEK                                                    | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-9904.96     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                | Koninklijke Ahold Delhaize NV                                               | CUSIP: 000000000<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |    189287 | NS      | $7990946.67   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Leroy Seafood Group ASA                      | Leroy Seafood Group ASA                                                     | CUSIP: 000000000<br>LEI: 5967007LIEEXZXJ2JK50 | Long             | EC               | CORP              | NO        |    457048 | NS      | $1995224.92   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs & Co. LLC                      | PURCHASED CAD / SOLD USD                                                    | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              |  | CA        |         1 | NC      | $4746.76      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS S/A                                      | JBS S/A                                                                     | CUSIP: 000000000<br>LEI: 529900RM0MTMZL9O5050 | Long             | EC               | CORP              | BR        |    254859 | NS      | $1787733.73   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Mebuki Financial Group Inc                   | Mebuki Financial Group Inc                                                  | CUSIP: 000000000<br>LEI: 353800K1RXV3E3JAE812 | Long             | EC               | CORP              | JP        |    568600 | NS      | $2812672.30   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc          | Sumitomo Mitsui Financial Group Inc                                         | CUSIP: 000000000<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |    449000 | NS      | $11545223.95  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashtead Group PLC                            | Ashtead Group PLC                                                           | CUSIP: 000000000<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |     53354 | NS      | $3116278.81   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Bulk Carriers Corp                      | Star Bulk Carriers Corp                                                     | CUSIP: 000000000<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | MH        |     56204 | NS      | $927928.04    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosus NV                                    | Prosus NV                                                                   | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |     41282 | NS      | $2118689.05   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| WH Group Ltd                                 | WH Group Ltd                                                                | CUSIP: 000000000<br>LEI: 254900A4AYEDRWYSE928 | Long             | EC               | CORP              | KY        |   3231500 | NS      | $2983772.68   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                                  | Swiss Re AG                                                                 | CUSIP: 000000000<br>LEI: 529900PS9YW3YY29F326 | Long             | EC               | CORP              | CH        |     22774 | NS      | $4019348.12   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                    | Zurich Insurance Group AG                                                   | CUSIP: 000000000<br>LEI: 529900QVNRBND50TXP03 | Long             | EC               | CORP              | CH        |     12291 | NS      | $8620127.83   | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                                  | PURCHASED JPY / SOLD USD                                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | JP        |         1 | NC      | $-2112.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                      | E.ON SE                                                                     | CUSIP: 000000000<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |    263314 | NS      | $4613260.04   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals PLC                     | Jazz Pharmaceuticals PLC                                                    | CUSIP: 000000000<br>LEI: 635400GAUMJCLEZRRV50 | Long             | EC               | CORP              | IE        |     14026 | NS      | $1515789.82   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Eiffage SA                                   | Eiffage SA                                                                  | CUSIP: 000000000<br>LEI: 969500OQXKE5WDM9M994 | Long             | EC               | CORP              | FR        |     11401 | NS      | $1567671.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs & Co. LLC                      | PURCHASED USD / SOLD SEK                                                    | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              |  | US        |         1 | NC      | $-3901.78     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                  | PURCHASED USD / SOLD JPY                                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $82947.50     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                    | Sanofi SA                                                                   | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |     73091 | NS      | $7263388.46   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Capgemini SE                                 | Capgemini SE                                                                | CUSIP: 000000000<br>LEI: 96950077L0TN7BAROX36 | Long             | EC               | CORP              | FR        |     36423 | NS      | $6048388.06   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley Capital Services LLC          | PURCHASED CHF / SOLD USD                                                    | CUSIP: 000000000<br>LEI: I7331LVCZKQKX5T7XV54 | N/A              | DFE              |  | CH        |         1 | NC      | $1055.11      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                     | Vinci SA                                                                    | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     32702 | NS      | $4672997.97   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                   | Insmed Inc                                                                  | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      5541 | NS      | $386373.93    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA                          | PURCHASED EUR / SOLD USD                                                    | CUSIP: 000000000<br>LEI: KB1H1DSPRFMYMCUFXT09 | N/A              | DFE              |  | XX        |         1 | NC      | $2938.27      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Corp                                | Sumitomo Corp                                                               | CUSIP: 000000000<br>LEI: V82KK8NH1P0JS71FJC05 | Long             | EC               | CORP              | JP        |     90500 | NS      | $2328301.89   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Medipal Holdings Corp                        | Medipal Holdings Corp                                                       | CUSIP: 000000000<br>LEI: 353800PJDODZEA4NP730 | Long             | EC               | CORP              | JP        |    108200 | NS      | $1696746.24   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                           | Banco Santander SA                                                          | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |    830155 | NS      | $6627417.73   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck KGaA                                   | Merck KGaA                                                                  | CUSIP: 000000000<br>LEI: 529900OAREIS0MOPTW25 | Long             | EC               | CORP              | DE        |      5931 | NS      | $777817.96    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                   | Siemens AG                                                                  | CUSIP: 000000000<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     21913 | NS      | $5269820.87   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA                          | PURCHASED USD / SOLD AUD                                                    | CUSIP: 000000000<br>LEI: KB1H1DSPRFMYMCUFXT09 | N/A              | DFE              |  | US        |         1 | NC      | $41.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Transurban Group                             | Transurban Group                                                            | CUSIP: 000000000<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |    361224 | NS      | $3301741.27   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Sundrug Co Ltd                               | Sundrug Co Ltd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     35000 | NS      | $1092359.01   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                 | Takeda Pharmaceutical Co Ltd                                                | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    107000 | NS      | $3207880.75   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie de Saint-Gobain SA                       | Cie de Saint-Gobain SA                                                      | CUSIP: 000000000<br>LEI: NFONVGN05Z0FMN5PEC35 | Long             | EC               | CORP              | FR        |      8860 | NS      | $994339.10    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene Oyj                              | UPM-Kymmene Oyj                                                             | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |     85541 | NS      | $2368940.66   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit WestRock PLC                         | Smurfit WestRock PLC                                                        | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     28499 | NS      | $1234861.67   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd    | Taiwan Semiconductor Manufacturing Co Ltd                                   | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    108000 | NS      | $3434217.13   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| MatsukiyoCocokara & Co                       | MatsukiyoCocokara & Co                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     97400 | NS      | $1973789.22   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Vodafone Group PLC                           | Vodafone Group PLC                                                          | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | EC               | CORP              | GB        |   1496785 | NS      | $1550433.05   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                       | PURCHASED EUR / SOLD USD                                                    | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |         1 | NC      | $-28.92       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Pan American Silver Corp                     | Pan American Silver Corp                                                    | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |     77621 | NS      | $1893176.19   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Allspring Government Money Market Fund       | Allspring Government Money Market Fund                                      | CUSIP: 94975P405<br>LEI: 549300GFSYYLVYEWA041 | Long             | EC               | RF                | US        |    173443 | NS      | $173442.53    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinden Corp                                  | Kinden Corp                                                                 | CUSIP: 000000000<br>LEI: 35380008T6JUN5TU9T34 | Long             | EC               | CORP              | JP        |     58600 | NS      | $1594757.29   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TP ICAP Group PLC                            | TP ICAP Group PLC                                                           | CUSIP: 000000000<br>LEI: 2138006YAA7IRVKKGE63 | Long             | EC               | CORP              | JE        |    748756 | NS      | $2648194.28   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                  | Novartis AG                                                                 | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     16489 | NS      | $1883913.33   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Energy Co PLC                    | Diversified Energy Co PLC                                                   | CUSIP: 000000000<br>LEI: 213800YR9TFRVHPGOS67 | Long             | EC               | CORP              | GB        |    134117 | NS      | $1873614.49   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                            | National Grid PLC                                                           | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    482478 | NS      | $6802945.13   | 1.71%             |  |  |  | No            |                  1 | On Loan: —       |
| DCC PLC                                      | DCC PLC                                                                     | CUSIP: 000000000<br>LEI: 213800UPS1QEE4TD3T45 | Long             | EC               | CORP              | IE        |     21271 | NS      | $1328652.95   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                           | Teck Resources Ltd                                                          | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |      9930 | NS      | $367906.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank PLC                            | PURCHASED USD / SOLD NOK                                                    | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-9309.18     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                                  | PURCHASED SEK / SOLD USD                                                    | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | SE        |         1 | NC      | $61898.89     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Europacific Partners PLC           | Coca-Cola Europacific Partners PLC                                          | CUSIP: 000000000<br>LEI: 549300LTH67W4GWMRF57 | Long             | EC               | CORP              | GB        |     88652 | NS      | $8137367.08   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                    | Flutter Entertainment PLC                                                   | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |      3579 | NS      | $904413.30    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider Electric SE                        | Schneider Electric SE                                                       | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     16675 | NS      | $4190959.15   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Iyogin Holdings Inc                          | Iyogin Holdings Inc                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     85600 | NS      | $936338.30    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Venture Corp Ltd                             | Venture Corp Ltd                                                            | CUSIP: 000000000<br>LEI: 254900B1NLZC3J1MAE72 | Long             | EC               | CORP              | SG        |    219800 | NS      | $1886556.31   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd                 | Impala Platinum Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |    136182 | NS      | $977829.55    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Bank USA NA                             | PURCHASED NZD / SOLD USD                                                    | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | NZ        |         1 | NC      | $4419.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA           | Banco Bilbao Vizcaya Argentaria SA                                          | CUSIP: 000000000<br>LEI: K8MS7FD7N5Z2WQ51AZ71 | Long             | EC               | CORP              | ES        |    271004 | NS      | $4064869.22   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA                          | PURCHASED USD / SOLD NZD                                                    | CUSIP: 000000000<br>LEI: KB1H1DSPRFMYMCUFXT09 | N/A              | DFE              |  | US        |         1 | NC      | $-6087.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                            | HSBC Holdings PLC                                                           | CUSIP: 000000000<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | EC               | CORP              | GB        |    690140 | NS      | $8119534.79   | 2.04%             |  |  |  | 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