VCTPX

About VCTPX

The VALIC Company I Inflation Protected Fund is an actively managed mutual fund within the inflation-protected bond category. Its primary purpose is to provide investors with protection against inflation and to maximize real return, aiming to preserve purchasing power over time. The fund achieves this objective by investing at least 80% of its net assets in inflation-indexed fixed income securities—primarily bonds issued by domestic and foreign governments, their agencies, and corporations. The securities selected are typically investment grade, rated Baa3 or higher by Moody’s or BBB- or higher by S&P, offering a balance of credit quality and inflation protection. Notable features include a portfolio composition that is almost entirely bonds, with substantial holdings in U.S. Treasury Inflation-Protected Securities (TIPS) as well as international inflation-linked bonds from developed and emerging markets. The fund carries a moderate expense ratio relative to its category and is designed for investors seeking stable, inflation-adjusted income rather than capital appreciation. Its performance is measured against relevant inflation-protected bond benchmarks and is supported by an experienced management team focused on risk-adjusted, long-term returns in changing inflationary environments.