VCGEX — Emerging Economies Fund
Data updated: 2026-07-28
VCGEX — Emerging Economies Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Emerging Markets Mid Cap Growth Equity · $948.93M AUM · 1.02% expense ratio · 54.1% 1-yr return. From SEC regulatory filings.
VCGEX Fund Overview
VCGEX — Emerging Economies Fund is a US mutual fund managed by VALIC Co I, categorised as Emerging Markets Mid Cap Growth 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 Mid Cap Growth Equity
- Assets under management: $948.93M
- 1-year return: 54.1%
- Ticker: VCGEX
- SEC CIK: 0000719423
- SEC series ID: S000008348
- Share class ID: C000022845
VCGEX Holdings
Top 10 holdings of Emerging Economies Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 14.53% |
| Samsung Electronics Co Ltd | 8.19% |
| SK hynix Inc | 7.01% |
| Tencent Holdings Ltd | 3.23% |
| Alibaba Group Holding Ltd | 1.92% |
| MediaTek Inc | 1.57% |
| Delta Electronics Inc | 1.40% |
| Hon Hai Precision Industry Co Ltd | 0.85% |
| China Construction Bank Corp | 0.85% |
| HDFC Bank Ltd | 0.84% |
VCGEX Portfolio Allocation
Asset-class allocation of Emerging Economies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.7% |
| Cash & Equivalents | 0.4% |
| Derivatives | 0.1% |
VCGEX Performance
Total returns for VCGEX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 27.5% |
| 1 year | 54.1% |
| 3 years (annualised) | 26.4% |
| 5 years (annualised) | 7.4% |
VCGEX Risk Information
Risk metrics for VCGEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.5%
VCGEX Costs and Fees
VCGEX costs about $102 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.02%
- Gross expense ratio: 1.02%
- Portfolio turnover: 154%
- Brokerage commissions: 15.78 bps of average net assets (SEC N-CEN)
VCGEX Cashflows
Over the 12 months to 2026-02, Emerging Economies Fund had net outflows of $65.38M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$6.68M |
| 2026-01 | −$28.52M |
| 2025-12 | −$14.40M |
| 2025-11 | −$17.75M |
| 2025-10 | −$15.37M |
| 2025-09 | −$14.81M |
VCGEX Debt Constituents
No individual debt constituents are reported in Emerging Economies Fund's latest SEC N-PORT filing.
VCGEX Prospectus and SEC Filings
Official Emerging Economies Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Emerging Markets Mid Cap Growth 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.