VCGSX

About VCGSX

VALIC Company I Government Securities Fund is an open-end mutual fund specializing in U.S. government fixed-income securities. Its primary objective is to generate high current income while protecting capital, achieved by allocating at least 80% of its net assets to intermediate- and long-term debt issued by the U.S. government and government-sponsored entities. This focus provides investors broad exposure to instruments such as Treasury notes, Treasury bonds, and securities from agencies like the Government National Mortgage Association and the Federal Home Loan Mortgage Corporation. Beyond core government holdings, the fund may diversify with limited positions in high-quality corporate debt, mortgage- and asset-backed securities, repurchase agreements, and short-term domestic money market instruments. Up to 20% of assets may include high-quality foreign investments denominated in U.S. dollars. Classified within the intermediate core bond category, the fund typically maintains durations similar to benchmark aggregate bond indices, reflecting moderate interest rate sensitivity and broad coverage of investment-grade U.S. fixed income markets. VALIC Company I Government Securities Fund serves institutional and individual investors seeking stable yields with relatively lower risk compared to equity-based strategies, acting as a foundational holding in diversified portfolios and retirement-specific products.