Science & Technology Fund

VALIC Co I · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:VCSTX
$3.87B NAV
94 positions · as of 2026-05-31 · filed 2026-07-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

Science & Technology Fund is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Non-diversified

Fund profile

As filed in the prospectus · 2025 Q3

The Fund seeks long-term capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of companies expected to benefit from technological development and advancement, with subadvisers conducting frequent and active trading to pursue long-term capital appreciation. The fund may hold up to 50% in foreign securities and up to 30% in emerging market companies. As a non-diversified fund, it may concentrate holdings in a smaller number of issuers than a diversified fund, which concentrates performance risk in those positions.

Expenses
0.91%one share class
Share classGrossNet
VCSTX0.96%0.91%

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

Portfolio turnover 67.00% · as of 2025 Q3

Allocation

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

100.23%
of net assets
Stocks99.25%
Cash & short-term0.98%

Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.

Sector allocation

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

100%
of net assets
Information Technology67.3%
International17.9%
Communication Services8.6%
Industrials2.3%
5 smaller3.9%

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).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 11 new14 exited

Largest new: Chroma ATE Inc, DOCN, Resonac Holdings Corp, Delta Electronics Inc, Victory Giant Technology Huizhou Co Ltd, Unimicron Technology Corp, APP, Baidu Inc

Largest exited: APH, Spotify Technology SA, BWXT, ECHO, NOW, MELI, SAIL, AVAV

Return profile

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

1-year
+54.47%
3-year
+143.37%
5-year
+85.76%
Volatility
27.73%
Worst 3-yr fall
-15.39%
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
NVIDIA CorpNVDA11.10%$429.00M
Broadcom IncAVGO7.19%$278.08M
Apple IncAAPL6.79%$262.32M
Samsung Electronics Co Ltd5.97%$230.79M
Microsoft CorpMSFT4.96%$191.93M
Alphabet IncGOOG4.77%$184.45M
Micron Technology IncMU3.99%$154.22M
Lam Research CorpLRCX3.08%$119.14M
Taiwan Semiconductor Manufacturing Co LtdTSM2.28%$88.06M
Western Digital CorpWDC2.13%$82.29M
Showing 10 of 94Sign 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 52.25% of net assets, top 25 74.50%, across 92 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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