Fund Evaluator:

VALIC Company I International Eqs Idx Overview

VALIC Company I International Eqs Idx (VCIEX) is a passively managed International Equity Foreign Large Blend fund. VALIC launched the fund in 1989.

The investment seeks long-term capital growth through investments in equity securities that, as a group, are expected to provide investment results closely corresponding to the performance of the MSCI EAFE Index (the "index"). The fund invests, under normal circumstances, at least 80% of net assets in stocks that are in the index. In order to generate additional income, the fund may lend portfolio securities to broker-dealers and other financial institutions provided that the value of the loaned securities does not exceed 30% of the fund's total assets.

About VALIC Company I International Eqs Idx (VCIEX)

There are 4 members of the management team with an average tenure of 1.26 years: Jennifer Hsui (2025), Peter Sietsema (2025), Matt Waldron (2025), Steven White (2025). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI EAFE NR USD index with a weighting of 100%. VALIC Company I International Eqs Idx has 694 securities in its portfolio. The top 10 holdings constitute 13.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

VALIC Company I International Eqs Idx is part of the Equity global asset class and is within the International Equity fund group. VALIC Company I International Eqs Idx has 97.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.3%. There is 97.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.4% (0.4% domestic bond, 0.0% foreign bond and 0.0% convertible bond). VALIC Company I International Eqs Idx has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $2 billion in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

VCIEX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The VALIC Company I International Eqs Idx expense ratio is below average compared to funds in the Foreign Large Blend category. VALIC Company I International Eqs Idx has an expense ratio of 0.39%, which is 59% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. VALIC Company I International Eqs Idx has a portfolio turnover rate of 12%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.

Recently, in the month of July 2026, VALIC Company I International Eqs Idx returned 1.6%, which earned it a grade of B, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

VALIC Company I International Eqs Idx has a trailing yield of 2.25%, which is above the 2.17% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

VALIC Company I International Eqs Idx Grades

Year to date, the fund has returned 11.8%, 0.1 percentage points better than the category, which translates into a grade of C. The fund has returned 24.2% over the past year (grade of C), 15.6% over the past three years (grade of C) and 8.8% per year over the past five years (grade of C) and 8.9% per year over the past 10 years (grade of C).

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