SA VCP Dynamic Strategy Portfolio
SUNAMERICA SERIES TRUST
Fund classification
Classified from what the fund holds · as of 2026 Q2
SA VCP Dynamic Strategy Portfolio is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2026 Q2
The Portfolios investment goals are capital appreciation and current income while managing net equity exposure.
The fund invests approximately 70% to 90% of assets in underlying portfolios holding equities and fixed income securities, with the remainder in an overlay component of derivatives, fixed income securities, and short-term investments managed by a subadviser. The subadviser uses derivative instruments to adjust the fund's net equity exposure between a minimum of 25% and a maximum of 100%, with a long-term average target of approximately 60% to 65%, and may purchase equity index put options to reduce exposure to severe market events. Because the fund's net equity exposure is actively managed through derivatives rather than held passively, actual allocations and returns will diverge from the underlying portfolio targets based on the subadviser's volatility assessments. The fund is structured as a fund of funds with day-to-day management of the overlay component delegated to AllianceBernstein L.P.
| Share class | Expense ratio |
|---|---|
| C000115991 | 1.03% |
| C000169132 | 0.78% |
Portfolio turnover 16.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 71.17% |
| Bonds | 23.66% |
| Securitized | 3.35% |
| Cash & short-term | 1.33% |
| 2 smaller | 0.67% |
Look-through blends 41 underlying funds; 7.614% of NAV was not looked through and stays direct-classified.
Latest quarter
What changed since the fund's previous filing
Largest new: Citibank NA, Goldman Sachs International ×3, United States Treasury, UBS AG ×2
Largest exited: United States Treasury, Citibank NA, Goldman Sachs International ×4, UBS AG ×2
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| 5-10y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | SA LARGE CAP INDEX PORT | 10.83% | $42.86 | $499.79M | 11.7M |
| — | SA LG CAP VALUE INDEX PORT | 5.09% | $20.22 | $235.22M | 11.6M |
| — | SA JPMORGAN MFS CORE BOND PORT | 4.13% | $8.28 | $190.71M | 23.0M |
| — | SA LG CAP GROWTH INDEX PORT | 4.11% | $31.97 | $189.82M | 5.9M |
| — | SunAmerica Series Trust - SA Oppenheimer Main Street Large Cap Portfolio | 3.48% | $24.31 | $160.59M | 6.6M |
| — | SA LEGG MASON BW LG CAP VALUE | 3.23% | $21.78 | $149.24M | 6.9M |
| — | SunAmerica Series Trust - SA AB Growth Portfolio | 2.94% | $61.24 | $135.61M | 2.2M |
| — | SA WELLINGTON GOV AND QUALITY | 2.81% | $13.13 | $129.58M | 9.9M |
| — | SA MM DIVERSIFIED FIXED INC | 2.77% | $10.19 | $127.88M | 12.5M |
| — | SunAmerica Series Trust - SA Dogs of Wall Street Portfolio | 2.60% | $15.92 | $119.90M | 7.5M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 41.99% of net assets, top 25 72.22%, across 53 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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