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Name

As of 05/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Small Cap Growth Fund

MAGKX | Fund

$13.20

$416 M

0.00%

0.94%

Vitals

YTD Return

3.8%

1 yr return

14.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$416 M

Holdings in Top 10

17.8%

52 WEEK LOW AND HIGH

$13.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.94%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 45.18%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 05/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Small Cap Growth Fund

MAGKX | Fund

$13.20

$416 M

0.00%

0.94%

MAGKX - Profile

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.24%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Small Cap Growth Fund
  • Fund Family Name
    VALIC Company
  • Inception Date
    Nov 30, 2021
  • Shares Outstanding
    40454663
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Marguerite Wagner

Fund Description

Under normal market conditions, the Fund invests at least 80% of net assets in the equity securities of small-cap companies. Typically, the Fund invests in securities of companies with a history of above-average growth in revenues, earnings, cash flows and/or margin relative to peers, benchmarks or consensus expectations, as well as companies expected to have above-average growth.A company will be considered a small-cap company if its market capitalization, at time of purchase, is equal to or less than the largest company in the Russell 2000® Index during the most recent 12-month period. As of July 31, 2023, the market capitalization range of the companies in the Russell 2000® Index was approximately $48.36 million to $17.42 billion. The subadviser may continue to hold an investment for further capital growth opportunities even if, through market appreciation, the company’s market cap value exceeds these small cap measures.The Fund is managed by two subadvisers, J.P. Morgan Investment Management Inc.(“JPMIM”) and T. Rowe Price Associates, Inc.(“T. Rowe Price”).In managing its portion of the Fund, JPMIM employs a process to identify companies that have a history of above-average growth or which JPMIM believes will achieve above-average growth in the future. Growth companies purchased for the Fund include those, in the opinion of JPMIM, with leading competitive positions, predictable and durable business models and management that can achieve sustained growth.T. Rowe Price manages the Fund’s investments in certain privately placed securities which will be transferred to the Fund as part of the Reorganization, but does not currently intend to invest in additional privately placed securities. Investments in privately placed securities are a non-principal investment strategy of the Fund.In order to generate additional income, the Fund may lend portfolio securities to broker-dealers and other financial institutions provided that the value of the loaned securities does not exceed 30% of the Fund’s total assets. These loans earn income for the Fund and are collateralized by cash and securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities.Investors will be given at least 60 days’ written notice in advance of any change to the Fund’s 80% investment policy set forth above.
Read More

MAGKX - Performance

Return Ranking - Trailing

Period MAGKX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -8.4% 24.1% 77.01%
1 Yr 14.0% 1.7% 52.8% 75.89%
3 Yr N/A* -22.3% 59.2% 19.73%
5 Yr N/A* -3.8% 45.1% 61.91%
10 Yr N/A* 1.8% 24.7% 77.08%

* Annualized

Return Ranking - Calendar

Period MAGKX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -20.5% 54.6% N/A
2022 N/A -82.1% 32.2% N/A
2021 N/A -90.6% 300.1% N/A
2020 N/A -63.0% 127.9% N/A
2019 N/A -7.7% 42.9% N/A

Total Return Ranking - Trailing

Period MAGKX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -8.4% 24.1% 77.01%
1 Yr 14.0% 1.7% 52.8% 75.89%
3 Yr N/A* -22.3% 59.2% 18.75%
5 Yr N/A* -3.8% 45.1% 59.76%
10 Yr N/A* 1.8% 24.7% 75.71%

* Annualized

Total Return Ranking - Calendar

Period MAGKX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -19.0% 136.8% N/A
2022 N/A -59.9% 44.3% N/A
2021 N/A -22.7% 411.9% N/A
2020 N/A 1.5% 150.8% N/A
2019 N/A 5.5% 55.3% N/A

NAV & Total Return History

MAGKX - Holdings

Concentration Analysis

MAGKX Category Low Category High MAGKX % Rank
Net Assets 416 M 207 K 34.3 B 58.82%
Number of Holdings 159 7 1180 19.61%
Net Assets in Top 10 103 M 52.5 K 2.83 B 59.00%
Weighting of Top 10 17.78% 7.1% 100.1% 79.64%

Top 10 Holdings

  1. Super Micro Computer Inc 3.28%
  2. Applied Industrial Technologies Inc 1.85%
  3. elf Beauty Inc 1.83%
  4. Simpson Manufacturing Co Inc 1.79%
  5. Comfort Systems USA Inc 1.79%
  6. AAON Inc 1.61%
  7. Natera Inc 1.48%
  8. Evolent Health Inc 1.41%
  9. MSA Safety Inc 1.37%
  10. Casella Waste Systems Inc 1.36%

Asset Allocation

Weighting Return Low Return High MAGKX % Rank
Stocks 		99.10% 77.88% 108.99% 24.60%
Cash 		0.74% 0.00% 26.25% 71.12%
Preferred Stocks 		0.16% 0.00% 3.53% 12.30%
Other 		0.00% -0.22% 5.89% 32.26%
Convertible Bonds 		0.00% 0.00% 1.57% 4.28%
Bonds 		0.00% 0.00% 3.22% 4.28%

Stock Sector Breakdown

Weighting Return Low Return High MAGKX % Rank
Technology 		27.77% 2.91% 75.51% 30.12%
Healthcare 		21.78% 0.00% 47.90% 54.55%
Industrials 		14.47% 0.00% 36.64% 72.37%
Consumer Cyclical 		13.11% 0.00% 24.04% 39.39%
Financial Services 		6.26% 0.00% 42.95% 57.40%
Energy 		4.47% 0.00% 55.49% 20.32%
Real Estate 		3.37% 0.00% 15.31% 29.41%
Basic Materials 		3.24% 0.00% 9.24% 31.73%
Consumer Defense 		2.40% 0.00% 13.56% 78.61%
Communication Services 		2.08% 0.00% 15.31% 56.68%
Utilities 		1.07% 0.00% 5.57% 13.37%

Stock Geographic Breakdown

Weighting Return Low Return High MAGKX % Rank
US 		99.10% 30.27% 102.09% 23.35%
Non US 		0.00% 0.00% 61.74% 26.92%

MAGKX - Expenses

Operational Fees

MAGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.94% 0.05% 23.20% 77.86%
Management Fee 0.81% 0.05% 1.62% 51.07%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

MAGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MAGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MAGKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 45.18% 3.00% 439.00% 40.90%

MAGKX - Distributions

Dividend Yield Analysis

MAGKX Category Low Category High MAGKX % Rank
Dividend Yield 0.00% 0.00% 6.91% 19.61%

Dividend Distribution Analysis

MAGKX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

MAGKX Category Low Category High MAGKX % Rank
Net Income Ratio -0.24% -2.47% 1.10% 13.38%

Capital Gain Distribution Analysis

MAGKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

MAGKX - Fund Manager Analysis

Managers

Marguerite Wagner

Start Date

Tenure

Tenure Rank

Jul 01, 2005

16.93

16.9%

Ms. Wagner joined Capital Management in 2005. She has been the portfolio manager since 2007. Ms. Wagner is responsible for active small cap growth and mid cap core equities. Prior to joining Mutual of America Capital Management, she was Managing Director, Senior Portfolio Manager at Citigroup, Smith Barney Asset Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.44 9.02 5.25

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