VALIC Company II Moderate Growth Lifestyle Fund

Class No Load (VMGLX)

Fund Holdings

Asset Allocation

% Long % Short % Net
Cash 3.28 0.0 3.28
Stocks 46.88 0.0 46.88
Bonds 22.8 0.0 22.8
Other 1.42 0.01 1.41
Foreign Bonds 5.37 0.0 5.37
Foreign Stocks 19.95 0.0 19.95
Convertible 0.07 0.0 0.07
Preferred 0.24 0.0 0.24

Updated 12.31.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 12.31.2013

% Net Assets
VALIC Company II Core Bond 14.7
VALIC Company I Stock Index 10.42
VALIC Company II Mid Cap Value 7.12
VALIC Company II Strategic Bond 6.97
VALIC Company I Dividend Value 5.94
VALIC Company II High Yield Bond 5.39
VALIC Company I International Equities 5.15
VALIC Company I Emerg Economies 4.3
VALIC Company I Global Real Estate 4.18
VALIC Company I Small Cap Index 4.06

Bond Ratings (%)

Updated 12.31.2013

Sector VMGLX
AAA 50.38
AA 1.88
A 3.44
BBB 10.66
BB 11.17
B 11.54
Below B 6.64
Other 4.28