VALIC Company II High Yield Bond Fund (VCHYX)

7.80
Net Asset Value
+0.13%
1 Day
+0.52%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.99%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks he highest possible total return and income consistent with conservation of capital through investment in a diversified portfolio of high yielding, high risk fixed-income securities. At least 80% of the fund's net assets are invested, under normal circumstances, in high-yield, below-investment grade fixed-income securities. These securities are rated below Baa3 by Moody's Investor Services, Inc. ("Moody's") or BBB- by Standard & Poor's Ratings Services ("S&P") or determined to be of comparable quality by the sub-adviser. Up to 15% of the fund's net assets can be rated below Caa3 by Moody's or CCC- by S&P.

Performance

1 month+0.65% 3 years+6.39%
3 months-1.02% 5 years+7.73%
1 year+2.61% Since inception+6.55%
Data through --

Peer Comparisonvs. High yield bond

 VCHYXCategory
Performance 5-yr return+7.73%+7.86%
Expense ratio0.99%1.12%
Risk 5 year sharpe ratio1.281.24
Net assets$410.9M$1.4B
Average market cap--$12.8B
Average P/E--20.2
Portfolio turnover37%37%

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Fund Management and Purchase Info

Fund familyVALIC
Fund manager & tenureChristopher Jones / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Fixed income90.99%
Cash7.02%
Other1.66%
U.S. stock0.19%
International stock0.15%
Top 5 Sectors
Portfolio weighting
Consumer goods 100.00%
Business service 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
-- Chs / Cmnty Health Sys 6.875%1.66%
-- Activision Blizzard 144A 5.625%1.57%
-- First Data 144A 8.25%1.16%
-- Sprint 7.25%1.13%
-- Sprint 7.875%1.08%
-- Fmg Resources August 2006 Pt 144A 6.875%1.06%
-- Ineos Grp Hldgs 144A 6.125%1.04%
-- Salix Pharmaceuticals 144A 6%1.04%
-- S9d02mki7 Cds Usd R F 5.00000 Ccp 99d02mki1.04%
-- Bldg Matls Corp Amer 144A 5.375%1.02%

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