Mid Cap Index Fund

VALIC Co I · 1 share class

U.S. equity index fund
One fund, 1 share class:VMIDX
$2.59B NAV
403 positions · as of 2026-05-31 · filed 2026-07-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

Mid Cap Index Fund is a U.S. equity index fund that tracks the S&P MidCap 400 Index. 18% of VMIDX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q3

The Fund seeks to provide growth of capital through investments primarily in a diversified portfolio of common stocks that, as a group, are expected to provide investment results closely corresponding to the performance of the S&P MidCap 400 Index (the Index).

Strategy · summarised

The fund is managed by a subadviser to track the S&P MidCap 400 Index, either by holding all index constituents in the same proportions or by using optimization to select a sampling of stocks that match the index's industry weightings, market capitalizations, and fundamental characteristics. Because the subadviser may employ optimization rather than full replication, the fund's performance may diverge from the index. The fund may lend securities to generate additional income and may use derivatives including futures and total return swaps to track index performance.

Expenses
0.35%one share class
Share classGrossNet
VMIDX0.36%0.35%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 18.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.20%
of net assets
Stocks99.94%
Cash & short-term1.25%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials24.8%
Information Technology15.5%
Financials13.7%
Consumer Discretionary10.5%
10 smaller35.5%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
18%of stock holdings in top-quartile growers
covering 90% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 10 new10 exited

Largest new: SITM, SOLS, DOCN, MOG/A, CTRE, SharkNinja Inc, VICR, IDCC

Largest exited: LITE, COHR, CASY, ECHO, FLO, EFOR, KMPR, GTM

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+29.02%
3-year
+51.19%
5-year
+41.38%
Volatility
11.66%
Worst 3-yr fall
-14.97%
Cumulative return· Jun 2023 – Apr 2026

May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Flex Ltd1.57%$40.69M
State Street Global Advisors1.25%$32.26M
Twilio IncTWLO0.82%$21.21M
TechnipFMC PLC0.79%$20.31M
Curtiss-Wright CorpCW0.78%$20.23M
nVent Electric PLC0.77%$19.78M
Sterling Infrastructure IncSTRL0.75%$19.41M
XPO IncXPO0.71%$18.42M
Everpure IncP0.71%$18.30M
Illumina IncILMN0.71%$18.29M
Showing 10 of 403Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.

Top 10 positions are 8.85% of net assets, top 25 18.20%, across 403 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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