VAVAX — Value Fund

Data updated: 2021-04-29

VAVAX — Value Fund. Emerging Markets Value Equity · $138.36M AUM · 0.85% expense ratio · 20.1% 1-yr return. Holdings, fees, performance and SEC filings.

VAVAX Fund Overview

VAVAX — Value Fund is a US mutual fund managed by VALIC Co I, categorised as Emerging Markets Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US mutual fund
Manager: VALIC Co I
Category: Emerging Markets Value Equity
Assets under management: $138.36M
1-year return: 20.1%
Ticker: VAVAX
SEC CIK: 0000719423
SEC series ID: S000008010
Share class ID: C000021779

VAVAX Investment Objective and Strategy

Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by VALIC Co I.

Investment objective

The Fund seeks long-term total return, which consists of capital appreciation and income.

Principal investment strategy

The Fund attempts to achieve its objective by investing in common stocks of companies that the Subadviser has identified as financially sound but out-of-favor that provide above-average potential total returns and sell at below-average price/earnings multiples. The Fund employs a bottom-up approach, which is the use of fundamental analysis to select specific securities from a variety of industries. The Fund may buy securities issued by companies of any size or market capitalization range and at times might increase its emphasis on securities of issuers in a particular capitalization range. While the Fund does not limit its investments to issuers within a particular capitalization range, the portfolio manager currently focuses on securities of large-cap companies. In addition to the common stocks described above, the Fund may invest in securities of foreign issuers, including emerging market securities.

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 Funds total assets. These loans earn income for the Fund and are collateralized by cash, securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities, and such other securities as the Fund and the securities lending agent may agree upon.

VAVAX Performance

Total returns for VAVAX (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	20.1%

VAVAX Risk Information

Risk metrics for VAVAX, derived from monthly returns in SEC filings.

1-year volatility (annualised): 25.7%

VAVAX Costs and Fees

VAVAX costs about $85 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.85%
Gross expense ratio: 0.95%
Portfolio turnover: 44%
Brokerage commissions: 3.92 bps of average net assets (SEC N-CEN)

VAVAX Cashflows

Over the 12 months to 2021-02, Value Fund had net inflows of $14.45M, from monthly SEC N-PORT filings.

Month	Net flow
2021-02	$301.99K
2021-01	−$347.35K
2020-12	−$995.52K
2020-11	−$294.74K
2020-10	−$1.10M
2020-09	−$518.63K

VAVAX Debt Constituents

No individual debt constituents are reported in Value Fund's latest SEC N-PORT filing.

VAVAX Prospectus and SEC Filings

Official Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Emerging Markets Value Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.