VALIC Company I Government Securities Fund (VCGSX)
The fund invests at least 80% of net assets in intermediate- and long-term U.S. government and government-sponsored debt securities. The fund may also invest in mortgage-backed securities, asset-backed securities, repurchase agreements, high quality corporate debt securities and high quality domestic money market securities. In addition, the fund may invest up to 20% of its net assets in high quality foreign investments payable in U.S. dollars.
Fund Info
US91915R3012
Jan 15, 1986
$0
Expense Ratio
VCGSX features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VALIC Company I Government Securities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VALIC Company I Government Securities Fund had a return of 0.86% year-to-date (YTD) and 3.54% in the last 12 months. Over the past 10 years, VALIC Company I Government Securities Fund had an annualized return of 0.88%, while the S&P 500 had an annualized return of 11.31%, indicating that VALIC Company I Government Securities Fund did not perform as well as the benchmark.
VCGSX
0.86%
0.86%
-1.58%
3.54%
-0.84%
0.88%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of VCGSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.54% | 0.86% | |||||||||||
| 2024 | 0.00% | -1.26% | 0.78% | -2.30% | 1.57% | 0.99% | 2.18% | 1.18% | 1.16% | -2.40% | 0.96% | -1.59% | 1.15% |
| 2023 | 2.88% | -2.17% | 2.14% | 0.53% | -1.06% | -0.64% | -0.32% | -0.54% | -2.39% | -1.56% | 3.95% | 3.59% | 4.22% |
| 2022 | -1.58% | -0.75% | -2.76% | -2.79% | 0.31% | -0.82% | 1.85% | -2.53% | -3.73% | -1.29% | 3.06% | -0.53% | -11.17% |
| 2021 | -0.62% | -1.52% | -0.93% | 0.66% | 0.19% | 0.37% | 0.93% | -0.18% | -0.83% | -0.28% | 0.28% | -0.37% | -2.31% |
| 2020 | 2.13% | 1.99% | 1.08% | 0.54% | 0.18% | 0.27% | 0.98% | -0.53% | 0.09% | -0.71% | 0.45% | 0.00% | 6.61% |
| 2019 | 0.58% | 0.00% | 1.69% | -0.19% | 1.93% | 0.95% | 0.00% | 2.53% | -0.55% | 0.09% | -0.18% | -0.46% | 6.51% |
| 2018 | -1.32% | -0.67% | 0.77% | -0.88% | 0.79% | -0.10% | -0.29% | 0.79% | -0.88% | -0.39% | 0.79% | 1.96% | 0.52% |
| 2017 | 0.19% | 0.50% | -0.10% | 0.76% | 0.66% | -0.28% | 0.19% | 0.94% | -0.75% | -0.09% | -0.19% | 0.19% | 2.04% |
| 2016 | 1.85% | 0.76% | 0.28% | 0.00% | -0.00% | 1.84% | 0.27% | -0.36% | 0.00% | -0.82% | -2.37% | -0.19% | 1.21% |
| 2015 | 2.19% | -1.17% | 0.55% | -0.37% | -0.19% | -0.92% | 0.75% | 0.09% | 0.74% | -0.28% | -0.37% | -0.18% | 0.81% |
| 2014 | 1.59% | -0.12% | -0.28% | 0.66% | 1.13% | -0.00% | -0.28% | 1.03% | -0.46% | 0.93% | 0.74% | 0.09% | 5.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VCGSX is 27, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VALIC Company I Government Securities Fund (VCGSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VALIC Company I Government Securities Fund provided a 3.67% dividend yield over the last twelve months, with an annual payout of $0.34 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.34 | $0.25 | $0.19 | $0.25 | $0.26 | $0.24 | $0.28 | $0.25 | $0.27 | $0.24 | $0.25 |
Dividend yield | 3.67% | 3.70% | 2.58% | 2.07% | 2.31% | 2.26% | 2.25% | 2.67% | 2.38% | 2.48% | 2.21% | 2.26% |
Monthly Dividends
The table displays the monthly dividend distributions for VALIC Company I Government Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 |
| 2023 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
| 2020 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 |
| 2019 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2018 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
| 2017 | $0.00 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
| 2016 | $0.00 | $0.27 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 |
| 2015 | $0.00 | $0.24 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2014 | $0.25 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VALIC Company I Government Securities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VALIC Company I Government Securities Fund was 17.32%, occurring on Oct 19, 2023. The portfolio has not yet recovered.
The current VALIC Company I Government Securities Fund drawdown is 8.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.32% | Aug 5, 2020 | 808 | Oct 19, 2023 | — | — | — |
| -9.03% | Dec 19, 2008 | 118 | Jun 10, 2009 | 266 | Jun 30, 2010 | 384 |
| -6.39% | Dec 7, 2012 | 187 | Sep 5, 2013 | 335 | Jan 5, 2015 | 522 |
| -6.21% | Oct 7, 2010 | 88 | Feb 10, 2011 | 93 | Jun 24, 2011 | 181 |
| -5.28% | Dec 21, 2007 | 3 | Dec 26, 2007 | 180 | Sep 15, 2008 | 183 |
Volatility
Volatility Chart
The current VALIC Company I Government Securities Fund volatility is 1.35%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.