VCGSX — Government Securities Fund
Data updated: 2026-07-28
VCGSX — Government Securities Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Securitized (MBS/ABS/CMBS) Bond · $199.21M AUM · 0.58% expense ratio · 4.2% 1-yr return. From SEC regulatory filings.
VCGSX Fund Overview
VCGSX — Government Securities Fund is a US mutual fund managed by VALIC Co I, categorised as Long Securitized (MBS/ABS/CMBS) Bond. 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: Long Securitized (MBS/ABS/CMBS) Bond
- Assets under management: $199.21M
- 1-year return: 4.2%
- Ticker: VCGSX
- SEC CIK: 0000719423
- SEC series ID: S000008013
- Share class ID: C000021782
VCGSX Holdings
Top 10 holdings of Government Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 3.02% |
| United States Treasury | 2.86% |
| United States Treasury | 2.68% |
| Fannie Mae | 2.38% |
| United States Treasury | 2.29% |
| United States Treasury | 1.96% |
| Rfc Principal Strip | 1.92% |
| United States Treasury | 1.92% |
| Government National Mortgage Association | 1.78% |
| United States Treasury | 1.78% |
VCGSX Portfolio Allocation
Asset-class allocation of Government Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 50.2% |
| Securitized | 48.8% |
| Cash & Equivalents | 0.8% |
VCGSX Performance
Total returns for VCGSX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.1% |
| 1 year | 4.2% |
| 3 years (annualised) | 3.3% |
| 5 years (annualised) | -0.0% |
VCGSX Risk Information
Risk metrics for VCGSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.4%
VCGSX Costs and Fees
VCGSX costs about $58 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.58%
- Gross expense ratio: 0.69%
- Portfolio turnover: 13%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
VCGSX Cashflows
Over the 12 months to 2026-02, Government Securities Fund had net inflows of $41.24M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $7.40M |
| 2026-01 | $16.78M |
| 2025-12 | −$11.74M |
| 2025-11 | $190.93K |
| 2025-10 | $308.13K |
| 2025-09 | −$5.36M |
VCGSX Debt Constituents
Largest debt holdings of Government Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 3.02% |
| United States Treasury | 2.86% |
| United States Treasury | 2.68% |
| United States Treasury | 2.29% |
| United States Treasury | 1.96% |
| Rfc Principal Strip | 1.92% |
| United States Treasury | 1.92% |
| United States Treasury | 1.78% |
| United States Treasury | 1.29% |
| United States Treasury | 1.27% |
VCGSX Prospectus and SEC Filings
Official Government Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Securitized (MBS/ABS/CMBS) Bond 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.