# EDGAR Filing Document

**Accession Number:** 0000719423
**File Stem:** 0001752724-23-015140
**Filing Date:** 2023-1
**Character Count:** 23605
**Document Hash:** 89f0ff6754984b5f82e761407fc12826
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015140.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015140

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VALIC Co I
- **CENTRAL INDEX KEY:** 0000719423
- **IRS NUMBER:** 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:** 23558184

**BUSINESS ADDRESS:**
- **STREET 1:** HARBORSIDE 5
- **STREET 2:** 185 HUDSON STREET, SUITE 3300
- **CITY:** JERSEY CITY
- **STATE:** NJ
- **ZIP:** 07311
- **BUSINESS PHONE:** 201-324-6378

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

**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

### Dynamic Allocation Fund (Series ID: S000039328)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000121199 | Dynamic Allocation Fund | VDAFX           |

## 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:** 2929 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:** Dynamic Allocation Fund

- **b. EDGAR series identifier (if any):** S000039328

- **c. LEI of Series:** 549300Q2EQF8P11MYZ74

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

- **a. Date of fiscal year-end:** 2023-05-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $158691751.99

**Total Liabilities:** $1626478.52

**Net Assets:** $157065273.47

**Cash Not Reported:** $248541.40

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000121199 | -6.24%               | 2.51%                | 4.68%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-131587.15              | $-11887778.03                              |
| Month 2  | $-767836.75              | $6713912.36                                |
| Month 3  | $-341077.61              | $8859324.29                                |

**Designated Index Information**

- **Index Name:** 60% S&P 500, 40% Bloomberg US Aggregate Bond

- **Index Identifier:** 60% SPX, 40% LBUSTRUU

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| VALIC Company I - Core Bond Fund                     | VALIC Company I - Core Bond Fund                                 | CUSIP: 91915R541<br>LEI: N/A                  | Long             | EC               | RF                | US        |   2056837 | NS      | $19951322.83  | 12.70%            |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - International Opportunities Fund   | VALIC Company I - International Opportunities Fund               | CUSIP: 91915R525<br>LEI: N/A                  | Long             | EC               | RF                | US        |     29363 | NS      | $441623.67    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    592900 | PA      | $525295.50    | 0.33%             | 2029-11-15      | Fixed         | 1.75%                 | No            | 2                  | On Loan: No      |
| VALIC Company I - Capital Appreciation Fund          | VALIC Company I - Capital Appreciation Fund                      | CUSIP: 91915R566<br>LEI: N/A                  | Long             | EC               | RF                | US        |    299214 | NS      | $5559404.70   | 3.54%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Small Cap Value Fund               | VALIC Company I - Small Cap Value Fund                           | CUSIP: 91915R483<br>LEI: N/A                  | Long             | EC               | RF                | US        |     31124 | NS      | $422669.20    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - High Yield Bond Fund               | VALIC Company I - High Yield Bond Fund                           | CUSIP: 91915R533<br>LEI: N/A                  | Long             | EC               | RF                | US        |    189747 | NS      | $1299767.12   | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    549600 | PA      | $509067.00    | 0.32%             | 2032-08-15      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| VALIC Co. I International Socially Responsible Fund  | VALIC Co. I International Socially Responsible Fund              | CUSIP: 91915R855<br>LEI: N/A                  | Long             | EC               | RF                | US        |     94697 | NS      | $2024616.99   | 1.29%             |  |  |  | No            | 1                  | On Loan: No      |
| SWAP CITIBANK BOC                                    | SWAP CITIBANK BOC                                                | CUSIP: 000000000<br>LEI: N/A                  | Short            | STIV             | CORP              | US        |   -300000 | NS      | $-300000.00   | -0.19%            |  |  |  | No            | N/A                | On Loan: No      |
| VALIC Company I - Emerging Economies Fund            | VALIC Company I - Emerging Economies Fund                        | CUSIP: 91915R673<br>LEI: JIEGUN91BLSULQ4UGC80 | Long             | EC               | RF                | US        |    128317 | NS      | $834059.99    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Mid Cap Strategic Growth Fund      | VALIC Company I - Mid Cap Strategic Growth Fund                  | CUSIP: 91915R715<br>LEI: 549300CLTMHVBLX5FF66 | Long             | EC               | RF                | US        |     91483 | NS      | $1648523.95   | 1.05%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CCS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6333600 | PA      | $5213839.28   | 3.32%             | 2031-08-15      | Fixed         | 1.25%                 | No            | 2                  | On Loan: No      |
| VALIC Company I - Government Securities Fund         | VALIC Company I - Government Securities Fund                     | CUSIP: 91915R301<br>LEI: 549300P9BWK85XG0HW15 | Long             | EC               | RF                | US        |    743654 | NS      | $7020097.82   | 4.47%             |  |  |  | No            | 1                  | On Loan: No      |
| UBS AG                                               | AL31171 ALLIANCE                                                 | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DE               |  | US        |      3500 | NC      | $253900.94    | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| VALIC Company I - Global Real Estate Fund            | VALIC Company I - Global Real Estate Fund                        | CUSIP: 91915R590<br>LEI: BN28XL4FUV1KBKBGB066 | Long             | EC               | RF                | US        |    264583 | NS      | $1770057.98   | 1.13%             |  |  |  | No            | 1                  | On Loan: No      |
| Chicago Mercantile Exchange                          | S+P500 EMINI FUT DEC22                                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |      -100 | NC      | $-815706.29   | -0.52%            |  |  |  | No            | 1                  | On Loan: No      |
| SWAP UBS BOC                                         | SWAP UBS BOC                                                     | CUSIP: 000000000<br>LEI: N/A                  | Short            | STIV             | CORP              | US        |   -560500 | NS      | $-560500.00   | -0.36%            |  |  |  | No            | N/A                | On Loan: No      |
| VALIC Co. I International Equities Index Fund        | VALIC Co. I International Equities Index Fund                    | CUSIP: 91915R608<br>LEI: N/A                  | Long             | EC               | RF                | US        |    386884 | NS      | $2762351.37   | 1.76%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Small Cap Growth Fund              | VALIC Company I - Small Cap Growth Fund                          | CUSIP: 91915R467<br>LEI: N/A                  | Long             | EC               | RF                | US        |     40330 | NS      | $595678.44    | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Co. I Dividend Value Fund                      | VALIC Co. I Dividend Value Fund                                  | CUSIP: 91915R822<br>LEI: N/A                  | Long             | EC               | RF                | US        |    724842 | NS      | $9582413.26   | 6.10%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - International Government Bond Fund | VALIC Company I - International Government Bond Fund             | CUSIP: 91915R707<br>LEI: 5XWMVVJ1FNBPYXOO4263 | Long             | EC               | RF                | US        |     58394 | NS      | $574012.00    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Small Cap Special Values Fund      | VALIC Company I - Small Cap Special Values Fund                  | CUSIP: 91915R632<br>LEI: 549300B3558NT4B3DX53 | Long             | EC               | RF                | US        |     93216 | NS      | $1165201.55   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC I - Systematic Core Fund                       | VALIC I - Systematic Core Fund                                   | CUSIP: 91915R509<br>LEI: 549300WSMNETB2CVIY07 | Long             | EC               | RF                | US        |    381650 | NS      | $9724434.66   | 6.19%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1051800 | PA      | $840207.42    | 0.53%             | 2030-08-15      | Fixed         | 0.63%                 | No            | 2                  | On Loan: No      |
| VALIC Company I - International Growth Fund          | VALIC Company I - International Growth Fund                      | CUSIP: 91915R814<br>LEI: 549300R2BVRYEJ68D063 | Long             | EC               | RF                | US        |    255521 | NS      | $2961483.64   | 1.89%             |  |  |  | No            | 1                  | On Loan: No      |
| SWAP GOLDMAN SACHS BOC                               | SWAP GOLDMAN SACHS BOC                                           | CUSIP: 000000000<br>LEI: N/A                  | Short            | STIV             | CORP              | US        |   -308000 | NS      | $-308000.00   | -0.20%            |  |  |  | No            | N/A                | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2670500 | PA      | $2208691.26   | 1.41%             | 2031-11-15      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2393500 | PA      | $2067666.12   | 1.32%             | 2030-02-15      | Fixed         | 1.50%                 | No            | 2                  | On Loan: No      |
| VALIC Company I - Stock Index Fund                   | VALIC Company I - Stock Index Fund                               | CUSIP: 91915R848<br>LEI: N/A                  | Long             | EC               | RF                | US        |    256280 | NS      | $12111781.27  | 7.71%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Blue Chip Growth Fund              | VALIC Company I - Blue Chip Growth Fund                          | CUSIP: 91915R764<br>LEI: 5493005DFHLA4UP20879 | Long             | EC               | RF                | US        |    253317 | NS      | $3878280.79   | 2.47%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Growth Fund                        | VALIC Company I - Growth Fund                                    | CUSIP: 91915R616<br>LEI: WENY0LWACCRTMO4IWQ48 | Long             | EC               | RF                | US        |    401167 | NS      | $5520058.07   | 3.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Bank of America N.A.                                 | AL32776 ALLIANCE                                                 | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DE               |  | US        |      1500 | NC      | $108814.69    | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| VALIC Co. I International Value Fund                 | VALIC Co. I International Value Fund                             | CUSIP: 91915R681<br>LEI: 549300X6NOKU3L8IJE25 | Long             | EC               | RF                | US        |    481819 | NS      | $4596554.24   | 2.93%             |  |  |  | No            | 1                  | On Loan: No      |
| UBS AG                                               | AL30349 ALLIANCE                                                 | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DE               |  | US        |      3500 | NC      | $139852.95    | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| VALIC Company I - Inflation Protected Fund           | VALIC Company I - Inflation Protected Fund                       | CUSIP: 91915R731<br>LEI: 549300CUFR3ZO1RZIT41 | Long             | EC               | RF                | US        |    227770 | NS      | $2416643.32   | 1.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Citibank N.A.                                        | AL25141 ALLIANCE                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      2000 | NC      | $38019.09     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Chicago Mercantile Exchange                          | S+P500 EMINI FUT DEC22                                           | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |        30 | NC      | $149493.20    | 0.10%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Mid Cap Value Fund                 | VALIC Company I - Mid Cap Value Fund                             | CUSIP: 91915R517<br>LEI: N/A                  | Long             | EC               | RF                | US        |    113209 | NS      | $2349078.45   | 1.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Citibank N.A.                                        | AL33111 ALLIANCE                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DE               |  | US        |      4000 | NC      | $290172.50    | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| VALIC Company I - Small Cap Index Fund               | VALIC Company I - Small Cap Index Fund                           | CUSIP: 91915R863<br>LEI: 549300I8EQ1WQJZGIB21 | Long             | EC               | RF                | US        |     50443 | NS      | $893351.14    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Co. I Systematic Value Fund                    | VALIC Co. I Systematic Value Fund                                | CUSIP: 91915R699<br>LEI: 549300ARM031E6VS3K91 | Long             | EC               | RF                | US        |   1099311 | NS      | $14543884.50  | 9.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Alliance Bernstein                                   | AB Fixed Income Shares, Inc. - Government Money Market Portfolio | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |   5021163 | NS      | $5021163.44   | 3.20%             |  |  |  | No            | 1                  | On Loan: No      |
| VALIC Company I - Mid Cap Index Fund                 | VALIC Company I - Mid Cap Index Fund                             | CUSIP: 91915R806<br>LEI: 549300O70V0BUGFDRV16 | Long             | EC               | RF                | US        |     64125 | NS      | $1745487.92   | 1.11%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4005700 | PA      | $3754717.86   | 2.39%             | 2032-05-15      | Fixed         | 2.88%                 | No            | 2                  | On Loan: No      |
| UBS AG                                               | AL31665 ALLIANCE                                                 | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DE               |  | US        |       500 | NC      | $36271.56     | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   4882600 | PA      | $3967303.21   | 2.53%             | 2030-11-15      | Fixed         | 0.88%                 | No            | 2                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1976000 | PA      | $1701521.25   | 1.08%             | 2032-02-15      | Fixed         | 1.88%                 | No            | 2                  | On Loan: No      |
| VALIC Company I - Large Capital Growth Fund          | VALIC Company I - Large Capital Growth Fund                      | CUSIP: 91915R723<br>LEI: 5493002ZTX9ZUU2QK480 | Long             | EC               | RF                | US        |    347324 | NS      | $6331720.26   | 4.03%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1393800 | PA      | $1120266.75   | 0.71%             | 2030-05-15      | Fixed         | 0.63%                 | No            | 2                  | On Loan: No      |
| VALIC Company I - US Socially Responsible Fund       | VALIC Company I - US Socially Responsible Fund                   | CUSIP: 91915R475<br>LEI: N/A                  | Long             | EC               | RF                | US        |    389933 | NS      | $8118395.73   | 5.17%             |  |  |  | No            | 1                  | On Loan: No      |
| United States Treasury                               | United States Treasury Note/Bond                                 | CUSIP: 91282CCB5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    246500 | PA      | $210699.73    | 0.13%             | 2031-05-15      | Fixed         | 1.63%                 | No            | 2                  | On Loan: No      |
| Goldman Sachs International                          | AL24751 ALLIANCE                                                 | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DE               |  | US        |      4000 | NC      | $76038.18     | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2022-12-20

**Name of Applicant:** VALIC Co I

**Signature:** Donna McManus

**Name of Signer:** Donna McManus

**Title:** Assistant Treasurer