VALIC Company II Moderate Growth Lifestyle (VMGLX - Free Report) a Zacks Rank #1 (Strong Buy) invests its assets in underlying funds that invest in securities that seek growth of capital, such as stocks, and securities that generate current income, such as bonds and U.S. government-issued securities.
This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Intermediate Bond, Foreign Stock and High Yield Bond. Further, as of the last filing, AIG RETIRE CO II CORE BOND, AIG RETIRE CO II STRAT BD and AIG RETIRE CO II HIGH YLD were the top holdings for VMGLX.
The VALIC Company II Moderate Growth Lifestyle fund, managed by VALIC Funds, carries an expense ratio of 0.10%.
VMGLX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 3.25%, 3 year 3.85% and 5 year 7.51%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
VMGLX’s performance, as of the last filing, when compared to funds in its category was in the top 34% in 1 year, top 45% over the past 3 years, and in the 42% over the past 5 years.
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